The number of crypto users doubled from 100 million to 200 million in the first four months of 2021, according to new research.
The research, carried out by Crypto.com, used on-chain data and a “blend of other parameters estimating the number of global crypto owners.”
Their findings suggest this positive upward trend has come from institutional adoption, with the report noting that: “Bitcoin led growth from January to April, as heavyweight institutions like PayPal, Microstrategy, Visa, and Mastercard announced plans to support crypto. Similarly, Ethereum saw significant growth in May and June as institutional investors continued to favour the token.
What will the second half of the year bring?