Crypto Hits Unprecedented Growth: 7 Major Findings From 2024 Report
The 2024 State of Crypto Report from a16z crypto highlights significant growth in the industry, marked by all-time highs in activity and usage, along with major infrastructure improvements.
What Happened: The report, authored by Daren Matsuoka, Robert Hackett and Eddy Lazzarin, presents seven key takeaways.
1. “There have never been more monthly active crypto addresses. In September, 220 million addresses interacted with a blockchain at least once, a figure that has more than tripled since the end of 2023,” the authors write.
2. One of the most notable findings is the emergence of crypto as a key political issue ahead of the U.S. election. The report analyzes the relative levels of crypto interest in swing states, revealing that Pennsylvania and Wisconsin have seen significant jumps in crypto …
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