Crypto Activity This Year Surpasses’ 2021 Record: Report

Reading Time: < 1 minute

According to Chainalysis’ fifth annual Global Crypto Adoption Index, cryptocurrency users worldwide have been increasingly active in 2024, leading to a major milestone being surpassed that was first reached during the 2021 market surge.

During the first quarter of 2024, the total value of global cryptocurrency transactions saw significant growth, as reported by the blockchain intelligence company Chainalysis.

Using a new methodology for their adoption index, Chainalysis analyzed data from 151 countries between the third quarter of 2021 and the second quarter of 2024.

This index measures the level of adoption on a scale of 0 to 1, with a score of 1 indicating the highest level of adoption.