In the latest report from Crypto.com, based on the last year’s rate of growth, a possible prediction for 2022 says that the total number of crypto users by December could reach the ten-digit figure.
Crypto Users in 2021
In order to predict the future, the research team came up with a formula factoring in deposits, addresses, exchange addresses, addresses per user, and the total market share.
Last year around July 2021, the total number of crypto users stood close to 230 million. However, as August came and the market began to rally, the same figure shot up to 263 million.
So Can the Users Really Reach 1 Billion?
If you consider the data from 2021 and factor it into the current stats, there indeed is a chance the total users could reach 1 billion by the end of 2021.
But then again, we must consider the biggest crash of the year that occurred three days ago. The events that transpired this month brought the total market down by 42.94%.
