Crypto’s Future Bright, Says Kraken: 73% of US Holders to Invest in 2025

December 13, 2024

A recent survey by cryptocurrency exchange Kraken has revealed that 73% of U.S. crypto holders plan to continue investing in 2025, while 55% believe cryptocurrency has real-world uses.

The survey, which covered 2,437 Americans, found that 36% of U.S. crypto holders believe cryptocurrencies offer greater growth potential compared to traditional investments such as stocks (34%), bonds (13%), and real estate (17%).

However, the survey results showed that when it came to crypto investments, the type of coin significantly influenced investors’ preferences. A clear majority, 70%, favored established cryptocurrencies like Bitcoin. In contrast, only 12% of participants were inclined toward meme coins such as Dogecoin, while 17% preferred newer coins like Solana.

The exchange’s survey also found that 43% of respondents believe cryptocurrencies are “more secure than the traditional financial system,” while 52% view digital assets as a promising long-term investment.

Gen X More Likely to Invest

Kraken’s survey revealed an unexpected trend, showed that older adults were more likely to have invested in cryptocurrency, contrary to expectations. While younger generations, typically seen as more digitally savvy and open to new technologies, exhibited less interest in crypto investments, emphasizing a shift in investment behaviors across age groups.

The crypto exchange surveyed 2,191 U.S. adults, asking whether they had ever purchased cryptocurrency in the past. Among the four age groups surveyed, adults aged 45-60 had the highest rate of cryptocurrency ownership, with 69% reporting past purchases. The next highest group, adults aged 18-29, showed a notable 55% engagement with cryptocurrency.

The data suggests that middle-aged adults, likely with more experience in investing, may be more comfortable navigating the risks of the crypto market. However, younger generations still represent a significant portion of crypto investors, indicating their ongoing interest and participation despite the potential volatility.

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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

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