Crypto activity has gone to unprecedented levels says a new report by Andreessen Horowitz

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Crypto usage hits new highs – and shows no signs of slowing down.

That’s according to a recent report by venture capital firm Andreessen Horowitz, which found record crypto usage amid a maturing business and tech infrastructure.

In its annual “State of Crypto,” released on Wednesday, the report puts the number of cryptocurrency owners worldwide at a new high of 617 million this year, with an estimated 30 and 60 million active users. It also reveals a significant rise in blockchain activity, with 220 million unique crypto addresses engaging with the technology at least once in September.

This marks a threefold increase compared to the figures from late 2023, highlighting the growing adoption and integration of cryptocurrencies across various platforms and services.

This growth follows a prolonged “crypto winter,” exacerbated…

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