Cryptocurrency usage is still on the rise, according to a report by a16zcrypto, the cryptocurrency arm of Andreessen Horowitz.
According to the report published by a16zcrypto, despite the variable prices in the market active cryptocurrency users number, for four years in a row It is increasing at at least double-digit rates.
According to the numbers in the report, the number of these users grew by 135% in 2020, 108% in 2021, 20% in 2022 and 14% in 2023.
The report focuses on the American market 16-20% of adult Americans (40-50 million people) have purchased cryptocurrency reported.
However, the report states, “Like the semiconductor industry, the crypto industry may soon move away from the United States.” statement was made.
While 39% of software developers working in the cryptocurrency industry were from the United States, this number decreased to 29%. Similarly, while 22% of the visitors of the largest cryptocurrency sites were US users, this rate decreased to 15% as of last year.
“Undermining new business models or technologies is inconsistent with American values and drives innovation and jobs elsewhere,” a16zcrypto said. said.