The latest Cointelegraph Report discusses the current growth rate of global cryptocurrency usage and predicts when crypto will achieve mass adoption. Crypto adoption follows a bell curve, starting with innovators and growing through early adopters, the majority, and finally reaching those lagging behind. While Bitcoin’s adoption has increased significantly over the past 14 years, global adoption rates for crypto are still in the single digits, indicating it is in the early majority phase. To achieve mass adoption, crypto needs to overcome the “chasm” between early adopters and the majority, which may require certain catalysts.
– Global cryptocurrency usage is growing, but mass adoption is still in the early majority phase.
– Bitcoin’s adoption has increased dramatically since its launch.
– Crypto needs to overcome the “chasm” between early adopters and the majority to achieve mass adoption.
– Catalysts may be required to drive further growth and adoption of crypto.