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    Zafar is a seasoned crypto and blockchain news writer with four years of experience. Known for accuracy, in-depth analysis, and a clear, engaging style, Zafar actively participates in blockchain communities. Beyond writing, Zafar enjoys trading and exploring the latest trends in the crypto market.

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    Raoul Pal Says Crypto Is Growing Twice as Fast as the Internet, 4B Users Ahead

    Story Highlights
    • Crypto adoption is growing twice as fast as the early internet

    • Analyst Raoul Pal predicts crypto could reach 4 billion users by 2030

    • Boston Consulting Group forecasts 1 billion global crypto users by 2030

    Cryptocurrency adoption is accelerating faster than the early internet ever did. In less than a decade, the crypto user base has expanded rapidly, and experts say that if this momentum continues, crypto could reach billions of users by 2030.

    Let us explore what is driving this rapid growth and how much further crypto adoption could go.

    Crypto Adoption Outpaces Early Internet Boom

    Analyst and Real Vision CEO Raoul Pal compares 5 million internet users to 5 million crypto wallets which shows that crypto is spreading at double the speed. He predicts if this growth continues, the global number of crypto users could reach 4 billion by 2030.

    In just nine years, the user base has surged 137% annually to 659 million by the end of 2024. While the internet reached 187 million users by 2000 at a 76% annual growth rate.

    He foresees that this could even take the market skyrocketing from $4 trillion today to $100 trillion in the early 2030s, driven by adoption and the ongoing devaluation of traditional money.

    Adoption, Not Price, Is the Real Driver

    According to Pal, 90% of short-term crypto price movements are influenced by the debasement of fiat currencies. In the long term, crypto’s strength and outperformance over fiat come entirely from adoption.

    For investors worried about volatility, Pal suggests looking at the bigger picture instead of panicking over short-term dips. He advises focusing on crypto’s overall growth trajectory rather than worrying about whether a particular month will be weak.

    Some have questioned whether using wallet counts is a reliable measure of crypto adoption, as one person can create many wallets, just like one household can have multiple IP addresses. Pal argued that this isn’t a problem: everyone has multiple devices, VPNs, and travel connections, so the comparison is fair.

    BCG Predicts $1 Billion Users By 2030

    Pal’s research lines up with other industry forecasts. 

    A 2024 report from Andreessen Horowitz estimates that between 30 and 60 million people actively use crypto each month. Meanwhile, Boston Consulting Group has predicted that the crypto adoption could potentially reach 1 billion users worldwide by 2030.

    Developing Countries Are Leading the Way 

    Coinpedia recently reported that, as per the Chainalysis Global Crypto Adoption Index in 2024, lower- and middle-income countries are leading in crypto use. India tops the list, followed by Nigeria and Vietnam, with the U.S. in fourth. 

    Other high-adoption countries include the UAE, Singapore, Turkey, Ukraine, and the Philippines, Indonesia, Pakistan, Brazil, and Thailand.

    With rising institutional investment, new ETFs, and clearer regulations, global crypto users are expected to top 950 million by year-end.

    Never Miss a Beat in the Crypto World!

    Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

    FAQs

    How fast is crypto adoption growing compared to the early internet?

    Crypto adoption is expanding at double the speed of the early internet, with a 137% annual growth rate vs. the internet’s 76% in its first decade.

    How many crypto users could there be by 2030?

    Analysts like Raoul Pal predict up to 4 billion crypto users by 2030, driven by rapid wallet growth and fiat currency devaluation trends.

    Which countries lead in crypto adoption?

    Lower-middle-income nations dominate: India ranks #1, followed by Nigeria, Vietnam, and the U.S. The UAE, Singapore, and Brazil also show high adoption.

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