A new study reveals that Australians demonstrate the highest levels of cryptocurrency interest on a per capita basis. Data compiled by Andreessen Horowitz’s crypto division reveals that Australian web traffic for crypto is 74.63% per 1 billion people, significantly higher than other countries like South Korea (73.48%) and the UK (62.15%). This suggests a strong interest in trading and speculation within the country’s crypto community. Interestingly, the report found that users from developed nations predominantly focus on trading and speculating while those in developing nations tend to engage more with on-chain activities like mobile wallet usage. The report also highlights Australia’s growing crypto market, projecting annual growth of 19.85% by 2026 and a user base reaching 11.16 million by the same year. This is driven by a large proportion of Australians (nearly 41%) actively participating in cryptocurrency.