Crypto.com Report Predicts Global Crypto Users to Hit 1 Billion in 2022

According to the newest edition of the Crypto Market and Sizing Report by Crypto.com, global crypto owners are predicted to total one billion by the end of 2022. According to the report, as of January 2022 that number has already reached 300 million.

Global Crypto Adoption Up 178% in 2021

The report also states that global adoption increased by 178 percent in 2021, almost tripling from 106 million to 295 million owners in December 2021.

During the first half of 2021 crypto adoption was significant, but slowed down during the second half reaching 37.5 percent, 13 percent higher than over the same period in the previous year.

The report further states that Bitcoin was the main driver behind the observed growth, outperforming Ethereum in terms of adoption. Weak Ethereum adoption is attributed to the emergence of competitors such as Cronos, Terra and Avalanche, together with Layer 2 solutions.   

Rise in Adoption Mirrored by Crypto Jobs Boom

As the blockchain industry continues to grow, so too the crypto job market. In a recent report published by LinkedIn, crypto job ads have seen a significant, and rapid, spike. In 2021, crypto job postings surged a whopping 395 percent, as the number of cryptos listed on CoinMarketCap stood at 7,000-8,000 just a year ago. At the time of writing, this number is closer to 17,000.

Another recent report commissioned by digital asset management firm Mawson found that Australia’s crypto economy alone could grow to $A68.4 billion by 2030, employing around 206,000 workers.