• Global crypto users crossed the 500 million mark at the end of 2023. 
• Bitcoin maximalist Raulo Pal believes the number of users could hit 1 billion by 2025. 

After an impressive 60% rally in Q1 2024, Bitcoin [BTC] had a slight setback at the start of Q2. It dropped over 5%, slipping from $71K to $64.5K before attempting to reclaim $66K.  

Amidst the drawdown, Raulo Pal, a Bitcoin maximalist, reminded his X (formerly Twitter) followers that the crypto’s adoption rate could reach 1 billion users by 2025. 

“On days like today, just remember that crypto is still being adopted at twice the speed of the internet and should reach something like 1 billion users by the end of 2025.” 

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