a16z Crypto releases report saying global cryptocurrency activity and usage hits all-time high

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a16z Crypto released a report stating that global cryptocurrency activity and usage have reached an all-time high. The report shows that as of September this year, there are approximately 617 million global cryptocurrency holders, with 60 million monthly active users, of which the US accounts for 12% of global mobile wallet users. Additionally, the value of ETH through Layer 2 grew by 36%, while transaction fees decreased by 94%. The report also noted that since the US approved the Bitcoin ETF in January this year, its cumulative trading volume has reached $437.6 billion. (TheBlock)

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