There’ll Be More Than 1 Billion Crypto Users by the End of 2022…Maybe

If you turn a blind eye to the difficulties of the past few weeks, there’s no doubt that cryptocurrency has had an impressive 12 months. That’s a big “if”, of course—crypto is currently facing its biggest test yet—but the overarching trend is a push towards the mainstream.

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Crypto’s most vocal advocates believe there’s plenty more to come, too. In fact, some think there could be as many as 1 billion cryptocurrency investors by the end of the year. For perspective, that’s about 12% of the global population.

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Basing its forecasts on growth rates from the previous year, Crypto.com, one of the world’s leading cryptocurrency exchanges, believes that adoption rates can and will reach those heights.

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In the platform’s annual Market Sizing Report, Crypto.com points to the embrace of crypto by big-name institutions like Tesla and Mastercard as well the adoption of Bitcoin as legal tender in El Salvador.

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Following a 178% rise in the global crypto population in 2021, the exchange now expects membership to surpass 1 billion before the year is out.

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That seems like a big ask, but crypto’s certainly no stranger to surprises.