TechFlow news, according to The Block, Gemini's latest State of Cryptocurrency report reveals that Gen Z adults aged 18-29 are the most engaged and optimistic generation toward digital assets.
The report surveyed 6,000 adults across the United States, the United Kingdom, France, Singapore, and Turkey, including both crypto owners and non-owners. It found that globally, 51% of Gen Z respondents (aged 18-29) reported currently or previously owning cryptocurrency, significantly higher than the 35% average across the general population.
In the United States, over half of Gen Z respondents—51%—have owned or currently own cryptocurrency, compared to 49% among millennials (born between 1981 and 1996), and 29% among Gen X (born between 1965 and 1980).
This trend is evident across multiple countries: in the UK, 53% of Gen Z own cryptocurrency versus 32% of the general population; in Singapore, the figures are 50% and 42% respectively; in France, 47% of Gen Z hold crypto compared to 31% among the broader population.
The report added: "While older generations show clear participation, Gen Z ownership rates indicate a deep integration of digital assets into their investment approach, a trend likely to persist through the current bull market. In the U.S., one-third (33%) of Gen Z respondents said they would allocate at least 5% of their portfolio to cryptocurrency, compared to 21% of the general U.S. population."
Data also shows Gen Z holds a more open attitude toward crypto regulation, with only 31% believing stricter regulation is needed, compared to 46% among the general public. Additionally, the report found Gen Z views cryptocurrency as a tool against inflation. In the UK, for example, 42% of Gen Z crypto holders use digital assets as an inflation hedge, compared to nearly one-third (32%) among all UK crypto holders.
