10 Cryptocurrency Statistics, Facts, and Trends in 2024

Key Cryptocurrency Statistics

1. As of April 2024, there are 13,656 available cryptocurrencies, with Bitcoin dominating the market having a market cap value of $1,307,611,626,135. Source: CoinGecko

2. The crypto trading volume per 24 hours is $116.61 B, with Bitcoin dominance of 51.46%. Source: Live Coin Watch

3. Regarding profit gained or loss when investing in cryptocurrency, 57% said they made money investing, 16% feel neutral about gaining or losing money, 14% have lost money, and only 7% feel like they made a lot of money from crypto investing. Source: Forbes

Cryptocurrency Adoption Rate Statistics

1. The global adoption rate of cryptocurrency is 4.2%, with over 420 million users worldwide. Source: Triple-A

Cryptocurrency Future Trends

1. From 2015 to 2023, Bitcoin increased its price by over 173,000%, with a projected annual growth rate of 56.4% from 2019 to 2025. Source: Triple-A

2. Decentralized Finance (DeFi) platforms may see their Total Value Locked (TVL) reach US$26,170.0M this 2024. This is a 9.07% annual growth rate (CAGR 2024-2028) with a projected total value of US$37,040.0M by 2028. Source: Statista

3. The NFT market revenue is projected to reach an all-time high value of US$2,378.0m in 2024, with the number of users expected to be 16.35M by 2028. Source: Statista

4. The top-selling NFT as of April 2024 is CryptoPunk #7804 with a price of $17.04M. Source: NFT-Stats

Top Cryptocurrency Spot Exchanges

1. There is a total of 239 spot exchanges with a total volume of $750.34B for 24 hours. Source: Coin Market Cap

Conclusion

The cryptocurrency market in 2024 could be marked by robust growth, widespread adoption, and significant technological advancements, alongside heightened regulatory oversight. While challenges remain, the potential for innovation and disruption in finance is boundless, paving the way for a more decentralized and democratized financial future.

FAQs

1. What percentage of the world holds cryptocurrency?

Approximately, there are 420 million cryptocurrency users worldwide.

2. Is crypto a good investment?

It depends on your risk appetite since cryptocurrency is volatile. Yes, it does offer high rewards but you must understand the associated risk with crypto investing.

3. What is the biggest benefit of crypto?

The biggest benefit of cryptocurrency is its decentralized nature, which offers a level of security, privacy, and efficiency in transactions that traditional financial systems might not provide, especially for cross-border transactions.