Billion

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
According to Raoul Pal, CEO of Real Vision, the number of cryptocurrency users will&nbsp;<a href="https://twitter.com/RaoulGMI/status/1775141560713183404" rel="noopener noreferrer nofollow">surpass</a> one billion in 2025.&nbsp;
In 2023, the global cryptocurrency user base topped 500 million people, according to a report provided by Crypto.com. This marked a 34% increase compared to the previous year.&nbsp;
The industry managed to reach significant adoption milestones despite micro-financial headwinds.&nbsp;
For comparison, there are more than 5 billion internet users around the world, according to data provided by Statista. Just a few decades ago, there were very few internet users.&nbsp;
Prominent venture capitalist Marc Andreessen made a comparison between crypto and the internet all the way back in 2014.&nbsp;
As noted by Pal, cryptocurrencies are still being adopted "at twice the speed" of the internet.&nbsp;
<h2 id="is-crypto-really-as-big-as-the-internet">Is crypto really as big as the internet?&nbsp;</h2>
However, it is worth noting that the internet encompasses various use cases that make it an integral part of everyone's life. For comparison, cryptocurrencies are yet to truly break into the mainstream.&nbsp;
Cryptocurrencies have so far failed to gain traction as a means of payment, accounting for a tiny 0.2% of global e-commerce. Digital assets are still viewed largely as a tool for speculation despite their promising use cases.&nbsp;
Moreover, a recent report by Architect Partners&nbsp;<a href="https://www.axios.com/2024/02/02/cryptocurrency-adoption-is-going-more-slowly-than-the-web" rel="noopener noreferrer nofollow">contradicts</a> Pal's analysis. The report has concluded that cryptocurrencies are actually being adopted at a slower pace compared to the internet. The internet also attracted more money at the peak of its bubble. Back in 2000, the internet industry was worth a stunning $5.6 trillion. The entire cryptocurrency market is worth $2.6 trillion as of today.&nbsp;

Crypto to Reach Billion Users Next Year, Raoul Pal Predicts

Table of Contents

U_Today

Other articles published on Apr 2, 2024

DePIN: Shaping the Future of Telecom Through Incentivized Infrastructure

Core Price Prediction: Will the Rally Pause or Charge Ahead

Cryptocurrency Market Suffers as Investor Fear Intensifies

Cryptocurrency Market Update: Tracking Ethereum, BNB, and Solana’s Price Movements

Key Reasons Why Bitcoin (BTC) Just Collapsed to $66K

Crypto Market Review: ETH, SUI, ENA, XVG, LTC

Join our free newsletter for daily crypto updates!