TechFlow news, October 17 — According to The Block, Andreessen Horowitz (a16z), a prominent investment firm, has released a new report through its Web3 venture capital arm, a16z crypto, indicating that cryptocurrency activity and adoption have reached all-time highs.
The report estimates that as of September 2024, there are approximately 617 million global cryptocurrency holders, with 60 million monthly active users. Monthly active crypto addresses exceed 220 million, with Base leading among Ethereum Virtual Machine (EVM) chains at 22 million addresses, and Solana topping non-EVM chains with over 100 million addresses. Mobile wallet user numbers have hit record highs, with U.S. users accounting for 12% of the global total.
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