a16z (Andreessen Horowitz) recently shared its State of Crypto Report 2024 🕵️ Here are 7 key takeaways:

1. Crypto activity and usage hit all-time highs 📈

2. Crypto has become a key political issue ahead of the U.S. election 🗳️

3. Stablecoins have found product-market fit 🏦

4. Infrastructure improvements have increased capacity and drastically reduced transaction costs ⚙️

5. DeFi remains popular — and it’s growing 🚀

6. Crypto could solve some of AI’s most pressing challenges 🤖 

7. More scalable infrastructure has unlocked new onchain applications ⛏️

Read the full report here: https://a16zcrypto.com/posts/article/state-of-crypto-report-2024/

Exciting insights from a16z on the State of Crypto Report 2024! 🚀🔥