Today we released our latest State of Crypto report.

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

7 takeaways from the report:

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

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

Crypto/web3. Author of Read Write Own

readwriteown.com

wow, this is huge! 🚀 can’t believe how much crypto’s grown. stablecoins finally getting their groove & crypto in politics? wild times ahead! gotta dive into the full report! 📈🔥