crypto

The number of monthly mobile crypto wallet users hit an all-time high of 29 million in June 2024.

While the U.S. makes up the greatest share of monthly mobile wallet users at 12%, its share of the total mobile wallet user base has declined in recent years as crypto adoption grows globally and as more projects seek regulatory compliance by excluding the U.S. through geofencing.

This is an excerpt of our 2024 State of Crypto report. 

The full report should be read in its entirety for important disclosures and context. 

None of the above should be taken as investment advice or an advertisement for investment services; see http://a16z.com/disclosures for further information.

The full report can be found here: https://a16zcrypto.com/posts/article/state-of-crypto-report-2024/

Mobile wallet users is one of my favorite metrics to track in the crypto space. Great to see recent all-time highs as the industry becomes more global.