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Chainalysis Report: The US Owns the Most Crypto but Uses It the Least

Per Chainalysis’ latest report, crypto’s total market cap halved in the 12 months to June 30, a $2.1 trillion contraction. The economic activity underneath it fell 1.6%. The Number That Didn’t Move The seventh edition of Chainalysis’ Geography of Cryptocurrency report covered one of the strangest...
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Key news points: Chainalysis found that the global economic activity of the crypto market fell by only 1.6% to $9.4 billion in 12 months, despite a 50% reduction in capitalization equivalent to $2.1 billion. Domestic P2P transfers increased by 302.9% to $228.7 billion, while cross-border flows of stablecoins grew by 302.9 billion. ... Read more

The crypto economy showed a much greater resistance than market capitalization during the last bearish cycle. Between July 2025 and June 2026, global economic activity linked to cryptocurrencies fell just 1.6%, to approximately $9.4 trillion, despite the fact that the total capitalization of the market fell by 50%, equivalent to [...] Entry The crypto market lost $2.1 trillion, but the activity just fell 1.6%: Chainalysis was first published in …

Global crypto economic activity declined only 1.6% in 12 months, despite the fact that market capitalization fell by half. The boom in stablecoins and P2P transfers explains why the use of crypto infrastructure resisted better than prices.

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Cryptocurrency News | Cryptocurrency Prices | Market Cap broke the news on Wednesday, September 23, 2026.
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