Australians punch above their weight in crypto interest, data shows

New data compiled by Andreessen Horowitz's crypto division indicates that Australians exhibit the highest per capita interest in cryptocurrency, based on web traffic related to the top 30 tokens (excluding Bitcoin and stablecoins). Australians accounted for 74.63% of token-related web traffic per billion people, narrowly beating South Korea (73.48%) and the UK (62.15%), while the US lagged significantly. The report also noted that users in developed nations like Australia tend to focus on trading and speculation, unlike users in developing nations who lean toward on-chain activity shown by mobile wallet usage. Furthermore, the Australian crypto market is projected to grow annually by 19.85%, reaching $1.2 billion AUD in revenue by 2026, with the user base expected to hit 11.16 million, representing nearly 41% of the population.

(Source：Cointelegraph)