According to a recent analysis by crypto exchange and trading platform Crypto.com, analysts expect that the number of crypto owners will reach one million.

Crypto.com, a Singapore-based online crypto trading platform, has released its research on the global usage of cryptocurrency. According to the estimate, the number of cryptocurrency owners and users will have climbed by nearly 178 percent by 2021. With this, there are around 300 million crypto users globally.

According to the report, the number of cryptocurrency users will surpass one billion this year. For the sake of knowledge and statistics, cryptocurrency exchanges have kept track of users across many platforms on a frequent basis. Because of in-house study, the comparison can be deemed to be reliable and trustworthy.

The year 2021 has showed tremendous performance in terms of cryptocurrency acceptance, particularly in the first half. It was the time when industry titans like Tesla and Mastercard announced their forays into cryptocurrency.

Tesla, the electric car manufacturer, has announced that it will accept cryptocurrency as payment, however only for item purchases for the time being. Visa, a well-known payment network, has entered into an agreement with crypto startup Crypto.com to handle its crypto payments.

Apart from that, El Salvador, a Latin American country, became the first to accept Bitcoin as legal cash. It has planned an entire Bitcoin city in order to increase cryptocurrency usage and investment in the country.

Bitcoin has captivated ordinary individuals who have heard about it, read about it, been persuaded, and become crypto users. When it crossed its all-time highs and set a new one, it drew a lot of attention, which was followed by other cryptocurrencies like Ethereum and indicated crypto popularity.

However, because there is so much competition, Bitcoin has seen more adoption than Ethereum, but the digital gold currency has a legacy to uphold.

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