New analysis by a16z crypto estimates that there are between 30-60 million real monthly active crypto users, highlighting the gap between active users and crypto owners. This figure represents only 14-27% of total active addresses and 5-10% of global crypto owners. The study emphasizes the importance of using reliable metrics to track crypto user growth, as traditional methods can be easily manipulated.

Source: https://Blockchain.News/news/estimating-real-crypto-users-analysis