The National Cryptocurrency Association (NCA) recently released the State of Crypto Holders Report 2025, which paints an interesting picture of the crypto status of the country. A surprising finding was that about 55 million Americans own crypto, about 1 in 5 people.
The report was commissioned by the NCA, a non-profit organization committed to creating awareness and educating Americans on cryptocurrency, and was conducted by Harris Poll. The survey revealed that 21% of the population owned crypto as a digital asset, and 76% believed crypto impacted their lives positively.
The study is the largest crypto survey ever done, with a sample size of 10,000 crypto holders deduced from an initial population of 53,805 adults. Results from the survey reflect a broad demographic range with a more in-depth analysis.
The survey showed that 67% of crypto owners were under 45, while 15% belonged to the over 55 age brackets. This is an improvement compared to previous years when the percentage of crypto holders over 45 remained in the single digits.
Meanwhile, crypto bros need to know that ladies, too, are in for some crypto action, as a third of the holders (31%) were women. Income level was also considered, and 26% of crypto owners earn less than $75,000 yearly.
Crypto Usage and Trends
Over the years, crypto has blown up from being a niche tech trend to a popular and valuable digital asset. Beyond investment, many crypto users are leveraging these digital tokens for other reasons, as seen in the report.
Roughly 39% of respondents use crypto to purchase goods and services, with 96% doing so at least once every year. An interesting statistic was that 9% of people transact with crypto daily. Other than buying things with crypto, 31% of holders mentioned they send crypto tokens to friends and family, while 31% have no problem accepting it as a form of payment in business.
It was insightful to see 20% of crypto holders outside of business and purchases using their tokens for decentralized online gaming. This shows cryptocurrency is quickly being embraced in other industries, including gaming.
The merge between crypto and gaming has led to crypto-supported gaming sites that offer provably fair games which attract players. For instance, crypto casino sites have become popular, accepting digital currencies like BTC, ETH, and LTC. With legislation still being an issue in various states, similar variants like sweepstake casinos using virtual currencies have come up.
To entice crypto holders who enjoy casino gaming, these sites offer the best sweepstakes casino no deposit offers available, helping players feel welcomed and engaged.
The report by NCA shows how crypto is slowly becoming mainstream, and even in unexpected industries like gaming and real estate, cryptocurrency continues to be an alternative for some users.
Even though the crypto market started with Bitcoin in 2009, the hype caught on quite late. A majority (56%) acquired their first cryptocurrency between 2020 and 2025. When asked how they knew of cryptocurrency, 50% said they were curious about the technology, and 36% mentioned it came as a recommendation from family and friends.
As expected, Bitcoin was the most known token at 99%, while Ethereum and Dogecoin followed next at 91%. The same hierarchy was maintained when it came to actual usage, and Bitcoin was used by 85% of respondents. Ethereum was second at 58%.
Regarding the holding pattern, 11% had crypto valued at over $100,000, 55% had a portfolio under $10,000, and only 15% had less than $500 in crypto.
Crypto Opinions and Concerns
More people are becoming interested in crypto and are taking an active approach to learning more. 81% of respondents showed keen interest in getting more education and information on cryptocurrencies.
Areas of interest were highlighted as investment strategies, tax implications, blockchain technology, and safety practices. On the other hand, concerns among most users revolved around widespread scams, volatility, and tax structures. It’s worth noting that only 3% reported having a negative experience with crypto trading.
This is a small figure compared to the 49% who said crypto improved their financial situation and the 45% who noted personal growth through engaging in crypto. Even as crypto remains anonymous, a majority (64%) supported government oversight and regulation while maintaining the U.S.’s need to lead the global crypto race.
Since cryptocurrency is currently a hot topic of debate, with tokens hitting new milestones and geopolitics shaking the markets, this study by the National Cryptocurrency Association led by Stuart Alderoty couldn’t come at a better time. With many respondents in the survey expressing confidence in crypto and wanting to understand more about digital assets, the crypto trend will likely continue to rise across the U.S.
Also Read: Trump’s Bet on the National Crypto Reserve: A Big Boost for Cryptocurrency in 2025?
