The global user base of cryptocurrencies increased by nearly *** percent between 2018 and 2020, only to accelerate further in 2022. This is according to calculations from various sources, based on information from trading platforms and on-chain wallets. Increasing demographics might initially be attributed to a rise in the number of accounts and improvements in identification. In 2021, however, crypto adoption continued as companies like Tesla and Mastercard announced their interest in cryptocurrency. Consumers in Africa, Asia, and South America were most likely to be owners of cryptocurrencies, such as Bitcoin, in 2022. How many of these users have Bitcoin? User figures for individual cryptocurrencies are unavailable. Bitcoin, for instance, was created not to be tracked by banks and governments. What comes closest is the trading volume of Bitcoin against domestic fiat currencies. The source assumed, however, that UK residents were the most likely to make Bitcoin transactions with British pounds. This assumption might not be accurate for popular fiat currencies worldwide. Moreover, coins such as Tether or Binance Coin - referred to as "stablecoins"—are" often used to buy and sell Bitcoin. Those coins were not included in that particular statistic. Wallet usage declined Total crypto wallet downloads were significantly lower in 2022 than in 2021. The number of downloads of Coinbase, Blockchain.com, and MetaMask, among others, declined as the market hit a "crypto winter" over the year. The crypto market also suffered bad press when FTX, one of the largest crypto exchanges based on market share, collapsed in November 2022. Binance, on the other hand, regained some of the market share it had lost between September and October 2022, growing by *** percentage points in November. As of 2025, the highest forecast for the global user base of cryptocurrencies is projected to reach *** million.

It is estimated that the cumulative market cap of cryptocurrencies increased in early 2023 after the downfall in November 2022 due to FTX. That value declined in the summer of 2023, however, as international uncertainty grew over a potential recession. Bitcoin's market cap comprised the majority of the overall market capitalization. What is market cap? Market capitalization is a financial measure typically used for publicly traded firms, computed by multiplying the share price by the number of outstanding shares. However, cryptocurrency analysts calculate it as the price of the virtual currencies times the number of coins in the market. This gives cryptocurrency investors an idea of the overall market size, and watching the evolution of the measure tells how much money is flowing in or out of each cryptocurrency. Cryptocurrency as an investment The price of Bitcoin has been erratic, and most other cryptocurrencies follow its larger price swings. This volatility attracts investors who hope to buy when the price is low and sell at its peak, turning a profit. However, this does little for price stability. As such, few firms accept payment in cryptocurrencies. As of June 25, 2025, the cumulative market cap of cryptocurrencies reached a value of ******.

Crypto 24h trading volume declined as 2023 progressed, with figures being ********* lower than in 2022. The decline follows Binance - one of the biggest crypto exchanges in the world - received lawsuits in the United States. Observations are also that the crypto market was quiet after April, citing a lack of a "strong overarching narrative". This contrasts with 2021 and 2022 when cryptocurrency dominated the news and many people sought fortune in the digital currency. Bitcoin developments Bitcoin's trade volume slowed in the second quarter of 2023, after hitting a noticeable growth at the beginning of the year. The coin outperformed most of the market. Some attribute this to the announcement in June 2023 that BlackRock filed for a Bitcoin ETF. This iShares Bitcoin Trust was to use Coinbase Custody as its custodian. Regulators in the United States had not yet approved any applications for spot ETFs on Bitcoin. Changes in Ethereum staking in 2023 Ethereum's trade volume changed in 2023 due to the rollout of the Shapella (Shanghai and Cappella) upgrade. The update allowed investors to withdraw (unstake) Ethereum deposited into the network. Staking can be somewhat compared to depositing money at a bank, where one would submit money to be held and gains interest as time goes by. Lido has the highest staking pool (a platform that allows for staking) in Ethereum, higher than major crypto exchanges Coinbase and Kraken. As of August 21, 2025, the 24h trading volume stands at ******.

Consumers from countries in Africa, Asia, and South America were most likely to be an owner of cryptocurrencies, such as Bitcoin, in 2025. This conclusion can be reached after combining ** different surveys from the Statista's Consumer Insights over the course of that year. Nearly one out of three respondents to Statista's survey in Nigeria, for instance, mentioned they either owned or use a digital coin, rather than *** out of 100 respondents in the United States. This is a significant change from a list that looks at the Bitcoin (BTC) trading volume in ** countries: There, the United States and Russia were said to have traded the highest amounts of this particular virtual coin. Nevertheless, African and Latin American countries are noticeable entries in that list too. Daily use, or an investment tool? The survey asked whether consumers either owned or used cryptocurrencies but does not specify their exact use or purpose. Some countries, however, are more likely to use digital currencies on a day-to-day basis. Nigeria increasingly uses mobile money operations to either pay in stores or to send money to family and friends. Polish consumers could buy several types of products with a cryptocurrency in 2019. Opposed to this is the country of Vietnam: Here, the use of Bitcoin and other cryptocurrencies as a payment method is forbidden. Owning some form of cryptocurrency in Vietnam as an investment is allowed, however. Which countries are more likely to invest in cryptocurrencies? Professional investors looking for a cryptocurrency-themed ETF were more often found in Europe than in the United or China, according to a survey in early 2020. Most of the largest crypto hedge fund managers with a location in Europe in 2020, were either from the United Kingdom or Switzerland - the country with the highest cryptocurrency adoption rate in Europe according to Statista's Global Consumer Survey. Whether this had changed by 2025 was not yet clear.

How many cryptocurrencies are there? In short, there were over ***** as of August 2025, although there were many more digital coins in the early months of 2022. Note, however, that a large portion of cryptocurrencies might not be that significant. There are other estimates of roughly ****** cryptocurrencies existing, but most of these are either inactive or discontinued. Due to how open the creation process of a cryptocurrency is, it is relatively easy to make one. Indeed, the top 20 cryptocurrencies make up nearly ** percent of the total market. Why are there thousands of cryptocurrencies? Any private individual or company that knows how to write a program on a blockchain can technically create a cryptocurrency. That blockchain can be an existing one. Ethereum and Binance Smart Chain are popular blockchain platforms for such ends, including smart contracts within Decentralized Finance (DeFi). The ease of crypto creation allows some individuals to find solutions to real-world payment problems while others hope to make a quick profit. This explains why some crypto lack utility. Meme coins such as Dogecoin - named after a Japanese dog species - are an infamous example, with Dogecoin's creator coming out and stating the coin started as a joke. The many types of cryptocurrency Meme coins are but one group of cryptocurrencies. Other types include altcoins, utility tokens, governance tokens, and stablecoins. Altcoins are often measured against Bitcoin, as this refers to all crypto that followed Bitcoin - the first digital currency ever created. Utility tokens and governance tokens are somewhat connected to NFTs and the metaverse. A specific example is the MANA cryptocurrency, which allows real estate purchases in the Decentraland metaverse. Stablecoins refer to the likes of Tether, which are pegged to a real-world asset like the U.S. dollar. Such coins are meant to be less volatile than regular cryptocurrency.

The number of crypto users accelerated since 2017, with 20 percent of all crypto consumers buying their first digital assets in 2021. The survey held by cryptocurrency retailer CryptoRefills, a company that sells vouchers and gift cards, also suggests that less than one out of three surveyed crypto holders started investing before the first cryptocurrency boom in 2017. The source does mention specifically that the survey was during the second quarter of 2022 - so figures for 2022, it states, are "incomplete". It is likely the remaining parts of 2022 would severely impact this particular graphic, as the monthly number of global cryptocurrency users increased by nearly 100 million between January and November 2022. This, however, was not as big of an increase as in 2021.

In 2022, **** percent of cryptocurrency investors in Indonesia were between 18 and 24 years old. In comparison, only *** percent of investors were 55 years and older. In recent years, investing in cryptocurrencies has become popular among Indonesians.

The rise of cryptocurrencies in Indonesia

From January to December 2021, the number of registered cryptocurrency owners in Indonesia increased by ** percent, reaching **** million users at the end of 2021. When the entire population is taken into account, around *** percent of Indonesia's population are cryptocurrency owners. Given that Indonesia is the fourth-largest nation in the world with a high digital commerce penetration rate, there is still a lot of room for expansion in the country's financial sector, particularly in the blockchain sector.

Indonesia’s government is supporting cryptocurrency development in the nation

Indonesia’s cryptocurrency transaction value reached almost *** trillion Indonesian rupiah in 2021. Based on their transaction values, Bitcoin, Ethereum, and Dogecoin have been Indonesia’s leading cryptocurrencies. The government of Indonesia decided to support the growth of cryptocurrencies since the country’s interest in them has grown. Since 2019, Indonesian cryptocurrency trading has been supervised and regulated by the Commodity Futures Trading Regulatory Agency (BAPPEBTI), under the Ministry of Trade. Although Indonesian law does not yet permit the use of cryptocurrencies for payments, the government has permitted the trading of cryptocurrencies as commodities.

Cryptocurrency hacks and thefts increased substantially in 2022, especially due to Terra Classic and FTX. The source mentions that the average value lost in 2022 was roughly ********* than in 2021. 2022 was shaken by several high-profile incidents that rippled through the entire market. The fall of stablecoin UST resulted in the loss of other cryptocurrencies, whereas multiple crypto exchanges suffered from the fall of FTX at the end of the year.

According to a survey conducted in November, the age group aged between 35 to 54 years old had the highest cryptocurrency ownership rate in Vietnam, with the ownership rate reaching ** percent among the respondents. In comparison, the ownership rate for cryptocurrencies among people from 55 years old was around ** percent.

According to a survey held from November 2021 to February 2022, ** percent of the cryptocurrency owners in Australia were men. In comparison, ** percent of the crypto-owners in Indonesia were women in 2022.

In 2022, traditional data centers accounted for a power demand of *** terawatt-hours, while the electricity used by artificial intelligence data centers was close to zero. By 2026, AI data centers demand is forecast to grow to ** terawatt-hours. By 2026, the overall electricity demand from traditional and AI data centers and cryptocurrencies is forecast to range between *** and **** terawatt-hours, depending on the scenario.

The number of people who either used or held a cryptocurrency in Colombia was ********** million higher at the end of 2023 than in 2022. This is according to Statista estimates, compiled from various reports and research. The numbers were first trialled in Statista's Crypto pulse check, a quarterly report aimed at mapping out the size and characteristics of crypto markets in 50 different countries worldwide in a cross-comparable way. The anonymity behind cryptocurrencies – a key feature in their design – makes it difficult to find reliable data on a country-level. Consequently, data research on how many people worldwide use this new form of money is in its infancy. The numbers shown here should therefore be regarded as estimates.

The most popular product to buy with cryptocurrencies in 2022 was not fashion or hardware, but mobile data. Among those surveyed by CryptoRefills, a company which sells vouchers and gift cards in exchange for cryptocurrencies, mobile network top-ups - adding credit to a pre-paid phone - and purchasing in-game credits or were especially popular. Noticeable is that is that most popular items mostly correlates with the preferences of low-income consumers: This income group preferred mobile top-ups and data (55.9 percent), mobile apps (37.3 percent), digital entertainment (35.6 percent), and with game credits (35.6 percent). Another survey also listed consumer interest in digital media as a place for crypto payments. Women, on the other hands, tended to buy products related to fashion, pharmacy, and beauty, along with hotel bookings, as well as food. The source does add, however, that women only made up 10 percent of those surveyed.

According to Statista Global Consumer Survey, around ** percent of Vietnamese respondents are reported to have owned or used cryptocurrencies in 2022. Vietnam has been among the leading countries for cryptocurrency usage in recent years.

The number of people who either used or held a cryptocurrency in the United States was ********* million higher at the end of 2023 than in 2022. This is according to Statista estimates, compiled from various reports and research. The numbers were first trialled in Statista's Crypto pulse check, a quarterly report aimed at mapping out the size and characteristics of crypto markets in 50 different countries worldwide in a cross-comparable way. The anonymity behind cryptocurrencies – a key feature in their design – makes it difficult to find reliable data on a country-level. Consequently, data research on how many people worldwide use this new form of money is in its infancy. The numbers shown here should therefore be regarded as estimates.

FTX's collapse in November 2022 meant that the market share of Binance and other leading crypto exchanges changed significantly from one month to the next. Binance, for instance, regained some of the market share it had lost between September and October 2022, growing by *** percentage points in the month of November. Kraken, especially, was affected as the increase of *** percentage point is the largest it had seen since 2021. The strong market position of Binance can also be observed when investigating the trading for crypto pairs on such exchanges, such as for Bitcoin - with trades on Binance that involve both Bitcoin and stablecoins being common. News that Binance was to take over FTX in 2022 initially led to a crypto trading volume that was *** to **** times higher than it was in the previous days.

Since 2022, hacks were the main reason behind cryptocurrency losses. 2021 was the exception during this time, when fraud led to the highest volume of funds lost. This is according to data from web3 crowdsourced security platform Immunefi. While the source does not clearly state how it estimated its figures, it claims that over ** percent of all cryptocurrency losses between 2021 and 2024 can be attributed to hacks.

According to a survey held from November 2021 to February 2022, ** percent of the respondents in Singapore and Hong Kong did not own cryptocurrency but were interested in or planning to purchase in the future.

Bitcoin remained the most popular crypto among online shoppers in 2022, but ownership rates did decline when compared to 2021. This is according to a survey held in both years by CryptoRefills, a company that sells vouchers and gift cards in exchange for cryptocurrencies. Note that the figures shown are specifically about ownership, not use: The source specifically states that the "ownership percentage" among shoppers in 2022 was 34.5 percent. It adds later that "transaction data" suggests that Ethereum's applications for shopping were "limited". Further noticeable is the high share of Litecoin (LTC), a cryptocurrency which does not rank among the top crypto in the world based on market cap. The source does not clarify this, stating instead that "it can be said that it [LTC] is exclusively popular among the crypto-consumers". Litecoin is relatively popular, though, in the United States, although respondents from North America made up only 6.6 percent of respondents in this survey.

Predictions were that **** out of 10 e-commerce vendors in India would offer cryptocurrency payment options on their website come 2024. This is according to a survey held in early 2022, asking e-commerce professionals on which payment method they are already offering and which ones they hope to either add or not add in the future. By January 2024, India did not feature in the survey. This is notable, as India had one of the highest crypto adoption rates worldwide, whereas the Netherlands was said to be more into crypto than other countries in Europe. By the latest survey in 2024, Ireland ranked as Europe's most likely country where e-commerce vendors would offer cryptocurrency as a payment method.