According to the latest data from the National Cryptocurrency Association (NCA), despite risks and the volatility associated with crypto, it is still becoming an increasingly mainstream asset within certain circles.

The NCA's 2025 State of Crypto Holders Report finds that one in five Americans owns some form of cryptocurrency. However, the report's more interesting finding is who is crushing on the novel financial instrument.

Unsurprisingly, 14% of crypto holders are employed in the tech sector, while 12% work in construction; however, only 7% - perhaps unexpectedly low - are employed in finance.

Produced in collaboration with The Harris Poll, the report reveals that nearly 40% of respondents use crypto for purchases and two-thirds believe crypto has a "positive impact" on their lives.

Other notable findings reveal that nearly 40% of American cryptocurrency holders live in the South, more than double the proportion in the Midwest (17%) or the Northeast (18%). Additionally, 26% are located in the West. 

Data was sourced from a Harris Poll survey conducted in January and February among 54,000 respondents, narrowed to 10,000 crypto holders.

Harris says it's the largest survey of crypto holders to date.

The report also notes that crypto owners are a fairly diverse group, and one reason for this is that "crypto has a surprisingly low bar for entry."

This statement is true — in many cases, all that's needed to start purchasing crypto is a brokerage account and a few dollars, as many cryptocurrencies have low values.

But that also makes it a fairly risky field. 

According to FBI data, the total loss from crypto scams reached over $5.6 billion in 2023. Preliminary estimates suggest that the losses from crypto scams in 2024 could be at least twice that amount.

Either way, the report points to a rather obvious conclusion: Crypto is growing and becoming more mainstream. Of course, the NCA, launched just one month ago, is also pushing for more mainstream crypto adoption; as the saying goes, "caveat emptor."