Andreessen Horowitz says crypto activity reached all-time high in 2024
Crypto is pushing its way into the mainstream once and for all. That’s according to an annual State of Crypto report published by the venture capital firm Andreessen Horowitz, which highlights the emerging international market for stablecoins, maturing infrastructure, and declining transaction fees.
“There’s a bunch of things I think you can take away. Maybe the simplest, high-level, is that crypto activity is at an all-time high, and there’s a bunch of different ways to cut that,” Eddy Lazzarin, chief technology officer at Andreessen Horowitz, told Fortune.
The report breaks down crypto activity into three distinct categories: users, owners, and addresses, noting that “one address does not necessarily correspond to one person”…
