Over 400 Million Wallets Hold Cryptocurrency, a Fourfold Increase Since 2020

A recent report reveals that more than 400 million wallet addresses currently hold cryptocurrency. While the number of wallet addresses does not directly correspond to the number of users—since both institutions and individuals can manage multiple wallets—the substantial growth in wallet addresses underscores the steady rise in cryptocurrency adoption.

According to the report’s data, the number of wallet addresses holding cryptocurrency has increased more than fourfold since 2020, highlighting the growing global interest in digital assets.