According to a report by a16z crypto, there are approximately 617 million cryptocurrency holders globally, with 30-60 million monthly active users (MAU), excluding bots and temporary addresses. This means that only 5-10% of all cryptocurrency holders are considered active users, pointing to significant opportunities for engaging passive holders.

Potential for Growth

The report emphasizes that infrastructure improvements could greatly increase the number of active users. The introduction of new decentralized applications (dapps) and enhancements to the user experience could attract more cryptocurrency holders to actively use their assets.

In September 2024, the total number of MAU, including unfiltered data, reached 220 million, which is three times the figures from the end of 2023.

Leaders in Active Addresses

The majority of activity in cryptocurrency networks is distributed as follows:

Solana — 100 million active addresses
NEAR — 31 million
Base — 22 million
TRON — 14 million
Bitcoin — 11 million

Among EVM networks, BNB Chain ranks second after Base with 10 million active addresses, followed by Ethereum with 6 million.

Mobile Wallets and Geographic Distribution

The number of active users of mobile cryptocurrency wallets has grown to 29 million. The USA accounts for 12% of the total number of users, though this share is decreasing primarily due to regulatory restrictions. Meanwhile, significant growth in active crypto users is observed in developing markets like Nigeria, India, and Argentina.

Comparison with Tether

Earlier, Tether reported that its stablecoin USDT is used across 330 million cryptocurrency wallets and on-chain accounts, making it one of the most popular digital assets in the world.