Australians punch above their weight in crypto interest, data shows

The Australian crypto user base is expected to grow to 11.16 million by next year, with nearly 41% of Australians participating in crypto.

Australians have the highest levels of interest in cryptocurrency per capita, based on their web traffic, with most activity relating to trading and speculation, according to new data. 

Data compiled by venture firm Andreessen Horowitz’s crypto division calculated the percentage of web traffic from each country across the top 30 tokens on CoinGecko, filtering out Bitcoin and stablecoins. 

Australians had the highest per capita percentage of token-related web traffic at 74.63% per 1 billion people, while South Koreans were a close second with 73.48% of token-related web traffic, while users from the United Kingdom were third with 62.15% per 1 billion people. 

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