According to an on-chain market size report by Crypto.com, the number of people involved in crypto has doubled in the first half of this calendar year, reaching over 220 million users by the end of June.
The data compiled by Crypto.com pulled figures from 24 of the largest crypto platforms.
100 Million to 200 Million in Six Months
User numbers doubled in just six months as crypto fever spilled into the mainstream, with the market green across the board and meme coins at the height of their popularity.
From February to May, cryptomania saw the number of users surge to a record 203 million, up from 106 million. In comparison, it took nine months for the user base to reach 100 million (from 65 million).
The growth we have seen in the first half of 2021 on our platform and industry-wide is very encouraging, and we will continue investing heavily as we pursue our goal of putting cryptocurrency in every wallet.
Kris Marszalek, Crypto.com CEO
As interest in cryptocurrencies continues to grow, Crypto.com is now expanding into the non-fungible token (NFT) market to meet the demand for collectible digital art.
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