Active cryptocurrency users surpass 70 million
- Global on-chain activity grows and attracts new users
- Stablecoins move more than US$46 trillion in one year
- Institutional Adoption and Developers Drive Ethereum and Solana
Andreessen Horowitz's cryptocurrency investment arm, a16zcrypto, released in its “State of Crypto 2025” report that the number of active users in the global crypto market reached between 40 and 70 million, an increase of about 10 million compared to the previous year. The study indicates that the sector is transitioning from a phase of simple asset ownership to a stage marked by regular and engaged on-chain activity.
The research shows that adoption is growing rapidly in emerging markets, especially in Argentina, Colombia, India, and Nigeria, where mobile wallet usage is a key indicator of on-chain activity. In developed countries like Australia and South Korea, however, traffic on token platforms reflects a profile more focused on trading and speculation.
According to the report, Hyperliquid and Solana account for 53% of revenue-generating economic activity in the sector, surpassing Bitcoin and Ethereum in terms of transaction volume with financial returns. a16zcrypto also highlighted that the number of developers in the Ethereum ecosystem and its second-layer networks continues to grow, while interest in Solana has grown 78% in the last two years.
In the institutional arena, global banks and fintechs are stepping up their entry into the cryptocurrency market. The document cites Circle's billion-dollar IPO, as well as initiatives by JPMorgan and Visa, which are integrating digital assets into traditional financial products such as stocks and ETFs.
Stablecoins have established themselves as the main driver of the on-chain economy, moving $46 trillion in transaction volume last year—a 106% increase. When adjusted for organic activity, the volume reaches $9 trillion, surpassing PayPal fivefold and reaching more than half of Visa's annual transaction volume.
The report also points out that stablecoins hold over $150 billion in U.S. Treasury securities, reinforcing the digital dollar's role as a pillar of global liquidity. A16zcrypto projects that the stablecoin market could exceed $3 trillion by 2030, solidifying its role at the intersection of traditional finance and the cryptocurrency ecosystem.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
China Becomes World’s Third Biggest Bitcoin Mining Hub

Miami's Cohesion Compared to New York's Discord: The Battle for World Cup Hosting
- Miami's outgoing mayor warns NYC's political infighting and fragmented governance could jeopardize its 2026 World Cup bid. - New York's mayoral race reveals deep divisions over housing and safety, complicating coordinated infrastructure upgrades needed for the tournament. - While NYC invests $2.6B in hospital modernization, critics highlight delays in stadium and transportation projects critical for World Cup hosting. - Miami's unified governance model, enabling rapid sports/tourism infrastructure develo

Bullish Industries Support FLM, Yet Core Fundamentals Remain Uncertain
- Flamingo Finance (FLM) gains traction amid bullish trends in renewables, aerospace, and crypto sectors, driven by technical indicators and sectoral capital inflows. - Market optimism is reinforced by First Solar's $286 price target and FTAI Aviation's 16–97% upside potential, highlighting durable competitive advantages in infrastructure and margins. - Crypto regulatory shifts, including Crypto.com's U.S. bank charter filing, signal maturing digital asset ecosystems that could enhance FLM's tokenomics int

Cardano Latest Updates:
- BullZilla ($BZIL) emerges as top presale with 100x return potential via 24-stage burn mechanism and $0.00527 listing price projection. - Cardano (ADA) signals 60% price surge with golden cross pattern, while Monero (XMR) dominates privacy sector at $306.74 amid heightened surveillance. - Institutional interest shifts toward utility-deflationary projects like BullZilla and MoonBull ($MOBU), which mirrors BZIL's model with 9,256% ROI potential. - November 2025 marks critical inflection point as $19B Octobe

