Since 2022, the crypto market has continued to be volatile, and the price has dropped by more than 50% since the high point in 2021. Then the price halving did not seem to affect Bitcoin adoption. Crypto is still seeing some exciting developments in redefining ownership and value transfer.

Adoption of cryptocurrencies is not a complicated thing, and data shows that cryptocurrency users are growing at a rate of more than 100% every year. This far exceeds the adoption rate the internet saw in the 1990s and early 2000s. Assuming this adoption slows to 80%, the cryptocurrency will still reach 1 billion users by 2024. This means that 1 in 8 people on the planet will interact with or use cryptocurrencies in some way.