Cryptocurrency is both one of the most notable as well as controversial technological innovations of the past few years, and its concept of a decentralized currency as well as other protocols related to the blockchain have had a massive impact on areas outside of currencies as well. Perhaps the most popular way to look at crypto is as an asset that people can invest in, and with the global economy in tatters many people have started to take an interest in this unique asset class.
The biggest indicator of the rising popularity of cryptocurrencies such as Bitcoin and Ether is the massive increase in crypto app downloads that was seen in Q4 2021. The top 20 crypto apps saw their installs grow by an incredible 902% in the fourth quarter of 2021 alone, which indicates that crypto might be on the rise again similar to what was seen in 2017 and 2018 after a couple years in which it saw a rather muted rate of growth.
The decline of crypto in 2018 might have had something to do with Apple’s banning mining apps on its devices because of the fact that this is the sort of thing that could potentially end up causing problems that Apple was not ready to deal with. With all of that having been said and now out of the way, it is important to note that new crypto apps have emerged that have proven to be incredibly popular, something that the over 900% growth rate definitely seems to indicate.
The US saw an increase of 645%, and while other areas did not see growth rates that were quite that high they still performed rather impressively such as APAC’s growth rate of 475%. However, if we were to look at Binance which is the most popular app for buying and selling crypto that is currently available right now, 20% of its installs come from Turkey, and that indicates that much of crypto’s growth might lie outside of the US. These apps might help more people invest in crypto down the line.
H/T: Apptopia
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The biggest indicator of the rising popularity of cryptocurrencies such as Bitcoin and Ether is the massive increase in crypto app downloads that was seen in Q4 2021. The top 20 crypto apps saw their installs grow by an incredible 902% in the fourth quarter of 2021 alone, which indicates that crypto might be on the rise again similar to what was seen in 2017 and 2018 after a couple years in which it saw a rather muted rate of growth.
The decline of crypto in 2018 might have had something to do with Apple’s banning mining apps on its devices because of the fact that this is the sort of thing that could potentially end up causing problems that Apple was not ready to deal with. With all of that having been said and now out of the way, it is important to note that new crypto apps have emerged that have proven to be incredibly popular, something that the over 900% growth rate definitely seems to indicate.
The US saw an increase of 645%, and while other areas did not see growth rates that were quite that high they still performed rather impressively such as APAC’s growth rate of 475%. However, if we were to look at Binance which is the most popular app for buying and selling crypto that is currently available right now, 20% of its installs come from Turkey, and that indicates that much of crypto’s growth might lie outside of the US. These apps might help more people invest in crypto down the line.
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