Bitcoin Adoption Still in Early Stages, With U.S. Leading the Way

Despite Bitcoin’s growing presence in financial markets, global adoption remains relatively low, with only 4% of the world’s population holding BTC.

The United States leads in ownership, with an estimated 14% of individuals holding the digital asset, while other regions show varying degrees of adoption.

A recent report by River, a Bitcoin financial services firm, highlights that North America maintains the highest adoption rates among both individuals and institutions. In contrast, Africa lags behind, with only 1.6% of the population holding BTC. The report also suggests that Bitcoin’s overall adoption is still in its infancy, estimating that the asset has only reached 3% of its potential global adoption level.

River’s analysis arrived at this 3% figure by evaluating Bitcoin’s total addressable market, factoring in institutional participation, corporate holdings, and government allocations—currently accounting for just 1%. Additionally, the firm considered the underrepresentation of institutions and individual ownership rates in its assessment, reinforcing the idea that Bitcoin has significant room to grow.

READ MORE:

Trump Administration’s Crypto Pivot Seen as Key to U.S. Financial Dominance

While Bitcoin has evolved considerably since its early days, even achieving recognition as a U.S. government reserve asset, its path to widespread adoption faces significant obstacles. One of the main barriers is the lack of both financial and technical literacy, leading to persistent misconceptions that Bitcoin is a scam or a Ponzi scheme.

Best Wallet Token Doesn’t Seem to Be Slowing Down

Best Wallet Token ($BEST) transforms Web3 interactions through a wallet ecosystem that facilitates crypto transactions. The token provides reduced fees on Best Wallet’s decentralized exchange and offers higher stacking rewards across over 60 blockchains.

Best Wallet is much more than a simple crypto wallet – it’s a comprehensive ecosystem designed to make navigating the blockchain easier for beginners and advanced users alike.

The project provides a unique token pre-sale feature called Upcoming Tokens. This allows users to buy, track and explore new crypto projects directly from the app.

Buy $BEST Here

Alexander Zdravkov