Crypto: Towards wider adoption in 2030?

Crypto adoption has been steadily increasing for some time. The crypto industry has come a long way to its current rate of adoption. She went through a period when most people considered her very dubious. She also experienced periods of loss, but she always knew how to get up. But how will the situation look like in 8 years?

500 million new crypto investors before 2030?

According to a tweet from Watcher.Guru on September 11, “Over 500 Million New Investors Expected to Buy Crypto by 2030, HSBC Report Reveals“. Several analysts wonder if the crypto will succeed in establishing itself in the payments sector. There are various factors to consider in answering this question. That said, an economist has done work to provide insight into cryptocurrency adoption by 2030. It shows that 500 million consumers could be added to the current list of crypto users.

According to the HSBC report, new users will be mostly middle and high income consumers. For the most part, they reside in two main continents: Asia and Africa. There may also be around 1 billion new crypto users within the next 20 years.

Furthermore, a positive rally has been observed in the crypto market since September 10. It is possible that this rally is related to the Merge of Ethereum. This highly anticipated event could take place in the next few days.

The cryptocurrency industry could welcome 500 million new users by 2030. And another 500 million users could be added by 2040. In the meantime, it is important to know that the price of bitcoin (BTC) has increased more than 9.8% in the past week. Similarly, the price of Ether (ETH) has risen over 14% in the past seven days.

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