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Decade of Crypto Evolution: How Innovation Has Shaped the Industry

Entrepreneur magazine

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December 2024 - January 2025

FROM A FEW THOUSAND EARLY ADOPTERS, THE NUMBER OF INDIAN CRYPTO INVESTORS HAS SURGED TO OVER THAN 74 MILLION USERS.

- RAHUL PAGIDIPATI

Decade of Crypto Evolution: How Innovation Has Shaped the Industry

Cryptocurrency took the world by storm in the last decade. It started as a niche area of investment, and has found plenty of takers and in due course, gaining mainstream acceptance. It is on the road to becoming mainstream after the US SEC allowed Bitcoin and Ethereum ETFs earlier this year. Over the last few years, India has led in global crypto adoption. This is a good time to take a step back and reflect on how the last decade has shaped crypto’s journey and what lies ahead.

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