According to a recent Crypto.com <a href="https://blog.crypto.com/global-crypto-users-over-200-million/" target="_blank" rel="nofollow noopener">survey</a>, it only took four months for the cryptocurrency population to rise from 106 million in February to 203 million in May.
<h2>The Cryptocurrency Population Rises in Just Four Months</h2>
According to recent research, cryptocurrency adoption has risen this year, with the global crypto population tripling since January.

On Thursday, prominent digital asset business Crypto.com <a href="https://crypto.com/images/202107_DataReport_OnChain_Market_Sizing.pdf" target="_blank" rel="nofollow noopener">revealed </a>the results of its most recent poll of global cryptocurrency users, finding that the number of crypto users globally had 100 million in January to 221 million in June.

The business noted that crypto usage has been quickly rising this year, with the crypto population nearly doubling in four months, from 106 million in February to 203 million in May. 

In comparison, it took nine months for the number of worldwide cryptocurrency users to increase from 65 million to 100 million since Crypto.com began tracking crypto adoption levels.
<h2>According To Reports, The Popularity Of Cryptocurrencies Other Than Bitcoin Is Increasing Noticeably</h2>
According to the findings, Bitcoin (BTC) and the second-most valuable cryptocurrency, Ether (ETH), have been losing market share in terms of crypto owner composition, while the number of people owning other digital assets has been gradually increasing.

The survey also discovered that this year's enormous increase in crypto users coincided with some noteworthy increases in the popularity of altcoins, or cryptocurrencies other than <a href="https://www.cryptoknowmics.com/news/small-cap-cryptocurrencies-are-on-the-rise-as-bitcoin-bulls-fight-to-retain-the-40000-level/">Bitcoin</a>. 

According to Crypto.com's research, the increase in altcoin adoption was likely fueled by an inflow of new users interested in altcoins like Dogecoin (DOGE) and Shiba Token (SHIB) following Elon Musk's <a href="https://www.cryptoknowmics.com/news/elon-musk-and-michael-saylor-have-begun-to-address-environmental-concerns-of-bitcoin-mining/" target="_blank" rel="nofollow noopener">criticism </a>of BTC mining for claimed environmental impact.

<a href="https://crypto.com/" target="_blank" rel="nofollow noopener">Crypto.com</a>'s newest crypto population survey comes after the firm issued the first-ever edition on gauging worldwide crypto users in May 2020. The methodology of the study examines on-chain data in conjunction with “additional blended parameters” to estimate the number of global crypto owners globally. 

The most recent study covers data from 24 major worldwide cryptocurrency exchanges, including Binance, Coinbase, Huobi, and others.

Cryptocurrency Population has Risen to 200 Million Users Since January

The cryptocurrency population has risen from 106 million in February to 203 million in May, according to a recent Crypto.com poll.

Kavya Barua is a voracious learner who is fascinated by crypto and Fintech advancements. Graduated from Janki Devi Memorial College's B.A (Hons) English program at the University of Delhi. She aspires to be a successful professional, having a keen interest in learning and achieving results.

Cryptocurrency Population has Risen to 200 Million Users Since January

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