Crypto Adoption: Developments That Accelerated Cryptocurrency Adoption in 2022

Crypto Adoption: Developments That Accelerated Cryptocurrency Adoption in 2022

The year 2022 was not kind to crypto and Web3. As companies declared bankruptcy, there was a lot of upheaval in the market. Despite the market breakdown and repeated attacks on the sector, especially from legacy media and regulators, there were a few developments that went under the radar.
Let’s take a look at some of the events that accelerated cryptocurrency adoption worldwide.
The world population crossed the 8 billion mark in 2022. With this, the number of crypto users worldwide also reached new highs.
According to Singapore-based blockchain company TripleA, the global crypto ownership rate is approximately 4.2% as of 2022, with over 320 million crypto users globally.
According to market research company GWI, up to 10.2% of global internet users aged 16 to 64 hold cryptocurrencies. The majority of these holders live in countries suffering from high inflation or volatility in the value of their fiat currency.
Honduras
In 2022, the Próspera region of Honduras announced that bitcoi

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