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Number of Blockchain wallet users worldwide

Number of Blockchain wallet users worldwide

Source publication
Conference Paper
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This paper provides an in-depth analysis of cryptocurrency, especially bitcoin. This research also covers the development and growth of cryptocurrency over the last 12 years. An increase in number of block chain wallet users from year 2011 to 2022 is provided graphically. It was also reported that the market capitalization of crypto market increase...

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... of their appealing performance. It has been observed that cryptocurrency experienced significant increase in its value over the last four years. Data have reported that the users of blockchain wallet reached over 81 million till February 2022 and is increasing day by day. An increase in blockchain wallet users from 2011 to 2022 is shown in Fig. 1. It can be observed from the figure that the blockchain users are less than one million from 2011 to 2013, but has linearly increased to reached at the mark of 80 million The price of bitcoin increased from nothing in 2008 to $20,089.00 in 2017 which was the highest price ever recorded in its history. Despite of the crash in crypto ...