Crypto wallet adoption has been steadily rising for the past many years; however, the rise has not been uniform. Adoption rises in tandem with the price, and this correlation is called Satoshi Cycle. The institutional adoption increased in 2018 when the BTC price plummeted. Still, the crypto wallet adoption rate has always been a rising trend. Statista reports a steadily increasing number of crypto wallets globally from 2016 to 2019. @StatistaCharts pic.twitter.com/yIob1ykiXX — Sygnum Bank (@sygnumofficial) February 20, 2020 The wallet trend took off in the third quarter of 2016 when Bitcoin price peaked around $20,000. Since then, the sale
