Ripple’s chief legal officer, Stuart Alderoty, who is now the president of the newly formed National Cryptocurrency Association (NCA), has published the largest-ever survey of American crypto holders. NCA is a non-profit funded by Ripple that focuses on crypto education.
The numbers are stark: 21% of U.S. adults — approximately 55 million people — currently hold digital assets.
According to the latest iteration of the State of the Crypto Holders Report 2025, in partnership with The Harris Poll, cryptocurrencies have become deeply rooted in everyday life in America.
Almost 76% of users mentioned that crypto has positively impacted their lives, and about 49% cited increased financial independence as one of the top benefits.
The study challenges common assumptions about the population that uses cryptocurrency. For instance, 12% of crypto holders are employed in construction, but only 7% work in financial services.
Although the majority of the platform’s users are younger — 67% of them are under 45 — the report revealed that 15% of users are over the age of 55. Interestingly, about 31% of the users are women, indicating crypto no longer remains just for the “bros.”
“This data tells us that people from all backgrounds are engaging with crypto in many ways, and not only are they excited about the future, they’re also already benefiting from it today,” said Stuart Alderoty, who played a key role in the historic Ripple versus SEC legal battle.
The study also shows that cryptocurrency is set aside as more than just an investment; it is used daily. Almost 40 % of users spend their crypto, while 9% use it every day. Participants also noted that they trade NFTs and digital collectibles. A substantial number reported using crypto to participate in decentralized online gaming. Notably, crypto was also used to complete real estate transactions.
The study also reveals a firm trust in digital assets. 76% of holders trust cryptocurrency more than a traditional bank. 64% are in favor of government regulation of space, and 67% are concerned that excessive regulation could hinder innovation.
73% believe that the United States should strive to be the leader in cryptocurrency development and policy worldwide, the study reveals.
