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Blockchain adoption continues unabated — Bloomberg analyst

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In the past few years, blockchain adoption has continued unabated despite market conditions, according to Bloomberg analyst Jamie Coutts.

Blockchain adoption has been "unabated" throughout bull and bear markets over the past years, says Bloomberg analyst Jamie Coutts.Should the current rate of adoption continue, blockchain technology could have 100 million daily users by 2028, according to projections by Bloomberg Intelligence analyst Jamie Coutts.

Daily active addresses exceed 5 million in the third quarter of 2023, up 14% from 2022, according to Coutts, while quarter-on-quarter growth has averaged 29% since 2019."If we apply a more moderate 20% QoQ growth rate then we could reach 100 million daily users by 2028."technology continues unabated. Not having exposure to one of the largest structural trends of the next decade could be costly.Coutts compared blockchain rate adoption with PayPal’s rate growth.

 

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