Do we have any data on the number of individuals participating in the crypto industry?

3 answers

• byantMar 13, 2021 · 4 years ago
  Absolutely! The crypto industry has been growing rapidly in recent years, and there are various sources that provide data on the number of individuals participating in this space. One commonly referenced report is the 'Crypto Asset Benchmarking Study' conducted by Cambridge Centre for Alternative Finance. According to their research, the number of verified cryptocurrency users has grown from 35 million in 2018 to over 100 million in 2021. This data indicates a significant increase in the adoption and interest in cryptocurrencies.
  535

  268
• roshJan 11, 2023 · 3 years ago
  You bet! The crypto industry has seen a surge in popularity, and it's no surprise that there is data available on the number of individuals involved. CoinMarketCap, one of the leading cryptocurrency data platforms, provides insights into the user base of various cryptocurrencies. While the exact number of participants may be challenging to determine due to the decentralized nature of cryptocurrencies, CoinMarketCap's data can give us a rough estimate of the user activity and engagement within the crypto space.
  515

  172
• Sosa MathewsSep 01, 2023 · 2 years ago
  Yes, we do have data on the number of individuals participating in the crypto industry. At BYDFi, we have been closely monitoring the growth of the crypto community. Our analysis shows that the number of active users on our platform has increased by 150% in the past year alone. This trend is consistent with the overall growth of the industry, indicating a rising interest and participation in cryptocurrencies. It's an exciting time to be part of the crypto revolution!
  471

  118