The leading market research platform statista, shared their predictions about how the year-end revenues will be in the crypto sector. The biggest revenue growth in the crypto industry, according to a detailed report published by research experts recently. in England will happen.
Statista predicted that crypto-related revenue in the island nation would rise 125% to approximately $5.5 billion. UK-affiliated countries generated $2.5 billion in revenue from blockchain activities last year.
USA Maintains Leadership
Although market experts predict UK for fastest growth United States of America holds the lead in crypto revenue. According to estimates, the revenue of the United States from blockchain will reach $ 17.96 billion with an increase of 108%.
Revenue of $12.93 billion in 2021, the world giant saw only $8.60 billion in 2022 due to the bear market.
On the other hand, in the USA cryptocurrency The uncertain situation regarding regulation continues. While there is no cooperation between institutions for regulation, pressure has been established on many crypto initiatives since the beginning of the year.
Finally, Statista predicted that the number of citizens using cryptocurrencies will reach 100 million by 2027. Considering that the world population is 7 billion, we can say that the industry still has a long way to go.
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