It’s no secret that the crypto market was gripped by bearish pressure for the entirety of 2022. However, amid all the volatility and chaos, many positive news stories appeared as well — especially regarding the global adoption of digital assets and crypto-related technologies in general.
Looking back at 2022, here are some key adoption-related events that helped drive the industry last year.
Polygon accrues 200 million addresses despite challenging 2022
Growth in Polygon address count throughout 2022. Source: PolygonScan
Major brands continue to enter the Web3 arena
Total volume of staked Ether continues to grow
Total value of ETH staked. Source: CryptoQuant
Meta integrates support for NFTs
Starbucks’ blockchain-based loyalty program goes live
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