Founders

We’ve just released our latest State of Crypto report.

It shares insights on key trends — like stablecoins, L2s, and AI — plus, crypto’s rise as a hot policy issue, new data on builders and users, and much more.

Here are 7 top 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. Major scaling upgrades have drastically reduced onchain 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

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

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"Even as the amount spent monthly to verify ZK proofs on Ethereum has declined, ETH-denominated value on ZK rollups has increased. In other words, ZK proofs are getting cheaper, too, even as they’re getting more popular."