Crypto Adoption Hits All-Time Highs as Stablecoins Drive Growth

Andreessen Horowitz's latest report highlights record-breaking crypto activity amid infrastructure advancements and regulatory challenges.

The number of monthly active crypto addresses has surged to 220 million, tripling since late 2023, indicating robust user engagement.
Stablecoins have achieved significant product-market fit, with their usage accounting for 32% of daily crypto activity, driven by reduced transaction fees.
The crypto market is witnessing a resurgence, with Bitcoin prices soaring to $68,000, reflecting renewed investor confidence post-FTX collapse.
Despite regulatory uncertainties, the report suggests bipartisan progress in the U.S. could enhance crypto's integration into diversified investment portfolios.
Infrastructure improvements have dramatically lowered transaction costs, with some networks enabling stablecoin transfers for less than a cent.