Crypto ownership in the U.S. is expanding beyond the stereotype of the tech-savvy elite, according to the National Cryptocurrency Association’s (NCA) "2025 State of Crypto" report. The report, based on a survey of 10,000 crypto owners, reveals that a significant portion of the 55 million American cryptocurrency users now includes construction workers, artists, and even grandmothers, highlighting a shift in the demographic landscape of crypto adoption.
Approximately 21% of American adults now own some form of cryptocurrency, with practical uses such as shopping, saving, and remittances becoming common. Ali Tager, NCA's VP of communications, stated, "Crypto is for everyone," emphasizing that many users are driven by practical applications rather than speculative investments. The report also indicates that nearly 39% of crypto owners have used digital currencies for transactions, with 96% making at least one purchase per year.
Interest in cryptocurrency is often sparked by investment (60%), curiosity about blockchain technology (50%), and practical uses like online shopping (27%). This broader appeal contradicts the notion that crypto is solely a pursuit of the young or wealthy, as significant ownership exists among older demographics and women, with 31% of crypto users being female.
While the findings are promising, concerns about scams persist, with 75% of crypto holders expressing worry about security, although only 3% reported actual fraud. A desire for knowledge also emerged, with 81% of participants seeking more education on digital assets.
Importantly, 64% of crypto holders support regulatory measures to ensure consumer protection while fostering innovation. Tager remarked, "Regulation, if done right, can legitimize crypto and protect consumers," underlining the need for balanced regulatory frameworks moving forward. As the U.S. government prepares to play a more significant role, the ongoing evolution of crypto adoption among diverse demographics suggests its potential to improve financial inclusivity and reshape the financial landscape.
Approximately 21% of American adults now own some form of cryptocurrency, with practical uses such as shopping, saving, and remittances becoming common. Ali Tager, NCA's VP of communications, stated, "Crypto is for everyone," emphasizing that many users are driven by practical applications rather than speculative investments. The report also indicates that nearly 39% of crypto owners have used digital currencies for transactions, with 96% making at least one purchase per year.
Interest in cryptocurrency is often sparked by investment (60%), curiosity about blockchain technology (50%), and practical uses like online shopping (27%). This broader appeal contradicts the notion that crypto is solely a pursuit of the young or wealthy, as significant ownership exists among older demographics and women, with 31% of crypto users being female.
While the findings are promising, concerns about scams persist, with 75% of crypto holders expressing worry about security, although only 3% reported actual fraud. A desire for knowledge also emerged, with 81% of participants seeking more education on digital assets.
Importantly, 64% of crypto holders support regulatory measures to ensure consumer protection while fostering innovation. Tager remarked, "Regulation, if done right, can legitimize crypto and protect consumers," underlining the need for balanced regulatory frameworks moving forward. As the U.S. government prepares to play a more significant role, the ongoing evolution of crypto adoption among diverse demographics suggests its potential to improve financial inclusivity and reshape the financial landscape.
