Crypto Activity and Usage Is At An All-Time High: a16z
Monthly active addresses hit a record high of 220 million, noted a16z’s crypto research team.
Posted October 17, 2024 at 1:09 am EST.
A new research report from a16z sheds light on how the crypto industry has changed over the course of two years. Amid infrastructure improvements and increased user activity, the asset class has also become a key political issue ahead of the U.S. election.
In the 2024 State of Crypto report, a16z found that crypto activity and usage hit all-time highs, with growth reminiscent of early internet adoption.
“In September, 220 million addresses interacted with a blockchain at least once, a…
