{"id":439370,"date":"2022-04-29T17:00:00","date_gmt":"2022-04-29T14:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/us-crypto-adoption-remains-high-despite-global-inflation-fears\/"},"modified":"2022-04-29T17:00:00","modified_gmt":"2022-04-29T14:00:00","slug":"us-crypto-adoption-remains-high-despite-global-inflation-fears","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/us-crypto-adoption-remains-high-despite-global-inflation-fears\/","title":{"rendered":"# US crypto adoption remains high despite global inflation fears"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a36e70e51fc2\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a36e70e51fc2\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/us-crypto-adoption-remains-high-despite-global-inflation-fears\/#%E2%80%9D_US_crypto_adoption_remains_high_despite_global_inflation_fears_%E2%80%9C\" >&#8221; US crypto adoption remains high despite global inflation fears &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_US_crypto_adoption_remains_high_despite_global_inflation_fears_%E2%80%9C\"><\/span>&#8221; US crypto adoption remains high despite global inflation fears &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-2a0745c6>A quantitative analytics report published by D<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>Radar has unveiled a number of revelatory behavioral market indicators for the global adoption of digital assets.<\/p>\n<p>The blockchain data portrays a positive sentiment for the Web3 and metaverse sectors, especially in the United States, a reactionary rise in crypto interest throughout Ukraine and Russia following the outbreak of the conflict, addition to how the well-documented surge of gas prices throughout Europe is impacting inflationary metrics.<\/p>\n<p>Bar chart statistics reported a high correlation between unfavorable economic dynamics witnessed in times of currency deflation and the interest in engaging with cryptocurrencies &#8211; the data suggesting that the latter could serve as an investment hedge.<\/p>\n<p>The tumultuous 217.65% deflation of the Brazilian Real (BRL) against the U.S. dollar over the past decade was reported to be an influencing factor for the 45% of participants who attest to considering purchasing a digital asset within the upcoming year. Similarly, India witnessed a 40% uptick in crypto interest following a 58.58% deflation in their native currency, the rupee (INR).<\/p>\n<p>In the category titled \u2018Countries with highest <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social media<\/a> indicators for Web3 Metaverse,\u2019 the U.S. ranked highest with a 2.2 score, followed by Indonesia and India with 1.4 and 0.6, respectively. The United Kingdom came in seventh with 0.3.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-04\/d83cb361-9387-405c-a6e2-0dc36962db98.png\"><\/figure>\n<p>Many of the leading metaverse platforms like Decentraland, The Sandbox, Somnium Space and Roblox have attracted a large portion of their user base from the U.S.<\/p>\n<blockquote><p>&#8220;Fashion giants like Gucci, Dolce and Burberry have launched NFT collectibles, while Nike and Adidas have partnered with Web3 leading brands. HSBC and JP Morgan will open virtual booths in The Sandbox and Decentraland.&#8221;<\/p><\/blockquote>\n<p>Despite the growth of the total value locked (TVL) in the decentralized finance (DeFi) market to just shy of $200 billion at the time of writing, transaction volume has been steadily declining since registering a peak level in mid-January.<\/p>\n<p>Similarly, the report noted that \u201cthe industry\u2019s TVL is recovering behind the surge of holistic and fast ecosystems in Terra, Solana and Avalanche.\u201d<\/p>\n<p><em><strong>Related:\u00a0DappRadar pivots business model to DApp store with native token<\/strong><\/em><\/p>\n<p>A prime indicator of this growth is the number of developers transitioning over to the network. As the below graphic reveals, Terra experienced a 313% year-to-year growth, while Solana and NEAR received a 307% and 291% influx, respectively.\u00a0<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-04\/7edd2a63-ce4f-4fc4-9f36-aedca22a3cbf.png\"><\/figure>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/us-crypto-adoption-remains-high-despite-global-inflation-fears\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; US crypto adoption remains high despite global inflation fears &#8220; A quantitative analytics report published by DappRadar has unveiled a number of revelatory behavioral market indicators for the global adoption of digital assets. The blockchain data portrays a positive sentiment for the Web3 and metaverse sectors, especially in the United States, a reactionary rise&#8230;<\/p>\n","protected":false},"author":1,"featured_media":439371,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDQvOWUwNmE1MWQtNDNjMy00ZTVlLWIxOGYtMmE0ZTY5YWQ1ZWYxLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[78168,91498,75566,74355],"class_list":["post-439370","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-dapps","tag-metaverse","tag-report","tag-adoption"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/439370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=439370"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/439370\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/439371"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=439370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=439370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=439370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}