It’s a very common sentiment for people outside of the crypto community to look at Bitcoin (BTC) prices and make a conclusion that it’s too late to get into crypto. However, a report shows that the industry is still at the beginning phase of the adoption curve.
In a joint report published by BCG, Bitget and Foresight Ventures, data shows that compared to traditional investment assets, crypto adoption is still very low. According to BCG, only 0.3% of individual wealth is invested in crypto.
The report shows that it's incomparable to the 25% that is put into equities. Because of the data, the report concluded that the shallow penetration in terms of investment means that there is still a lot of room for more substantial growth and adoption within the crypto industry.
Apart from this, the report also compared the internet’s adoption curve to 1 billion users to current cryptocurrency holders, and Ethereum (ETH) addresses with non-zero balances. With this, the report mentioned that...
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