Recent research by blockchain analytics firm Chainalysis reveals that cryptocurrencies saw an impressive growth rate over the last year.
What Happened: According to a Wednesday Chainalysis paper, “global cryptocurrency adoption is skyrocketing,” having “grown by over 880% in the last year.”
At the end of last year's second quarter, total global adoption stood at 2.5, while at the end of Q2 2021, it stood at 24.
This data suggests that “global adoption has grown by over 2300% since Q3 2019.”
Still, the United States and....More>>>