One in five American adults own crypto, with 76% viewing it as having a positive impact on their lives

The 2025 State of Crypto Holders Report surveyed 54,000 respondents between late January and early February 2025, showing that 49% of respondents cite increased financial independence as a benefit of cryptocurrency.

One in five American adults own crypto, with 76% viewing it as having a positive impact on their lives, according to a report by the National Cryptocurrency Association.

The 2025 State of Crypto Holders Report surveyed 54,000 respondents between late January and early February 2025, revealing that 49% of respondents cite increased financial independence as a benefit of cryptocurrency.

The report also highlights the recent integration of crypto into major financial systems, such as PayPal and Visa, which is viewed positively by the community. They would like to see acceptance by larger and more mainstream financial institutions.

Among the younger generation, interest in investment use cases appears to be waning. Only 2% of respondents are interested in using crypto for investment purposes over the next two to three years, while 39% use it to pay for goods and services.

Other use cases mentioned in the report include sending cryptocurrency to family, accepting payments for business and participating in decentralized gaming.

Bitcoin is widely recognized, achieving a 99% awareness score among holders, but knowledge gaps exist for other coins. For instance, only 91% recognize Ethereum and Dogecoin.

Related Link: Trump's Tariffs May Have Unintentionally Sparked Crypto Innovation, Says Anthony Pompliano

Millennials And Gen Z Turning To Crypto For Retirement Savings

A 2022 Investopedia survey showed that one in four millennials are planning to fund their retirement with crypto.

Out of the younger generation, 17% of Gen Z and 28% of Millennials expect to rely on crypto for financial security in later life.

According to BitInfoCharts data, there are 47 million Bitcoin addresses that hold at least $1 in BTC, while 3.3 million DOGE addresses hold a minimum of $1.

Earlier this week, Fidelity announced the "Fidelity Crypto for IRAs"—a tax-advantaged way to invest directly in crypto in your retirement account, stating, "You can currently trade Bitcoin, Ethereum, and Litecoin in a Fidelity Crypto IRA."