Emerging Markets Lead Global Crypto Adoption in Bear Market, Chainalysis Says

Global crypto adoption rates have slowed during the bear market this year, but the slump didn’t wipe out the growth in adoption during bull markets, Chainalysis said in the report accompanying this year’s index. Crypto use globally remains higher than pre-bull market levels with emerging markets leading the way, according to the report. In its 2021 report, Chainalysis reported a 880% jump in adoption levels year over year.

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