INSIGHTS FROM A CRYPTO USER ACTIVITY SURVEY

Summary from the TLDR Crypto newsletter

A recent blockchain user activity survey revealed some surprising findings. Despite Ethereum's popularity, 17% of participants in the survey had never used it. Similarly, 34% never transacted in Bitcoin. The Cardano community showed up in surprisingly large numbers with 6,300+ respondents, a bigger group of participants than any other chain in the survey. Surprisingly, participants of the survey had hardly used Litecoin at all, despite its high ranking in daily active users on DeFiLlama. The BNB chain had more users and a higher share of participants who had used the chain than Solana and Avalanche, while Ethereum remains in pole position amongst all the chains.