Someone said that the cat dies of curiosity. Well, this US state is far from being the cat, let alone dying, but with it’s interest in Ethereum, the world’s second largest crypto currency does seem to be reaching for the stars.
People all across the world have become increasingly curious as crypto has progressively become popular. Californians are the top state residents in the United States. According to a recent CoinGecko analysis, 43% of all Bitcoin and Ethereum web traffic queries on the cryptocurrency tracking website were made by internet users in California. But just about 12% of Americans live in the entire state, as measured by population.
Due to the presence of Silicon Valley, Northern California is recognised as a hub for technology and innovation on a global scale. The fact that California came in first place as a result did not come as a surprise to Bobby Ong, chief operating officer and co-founder of CoinGecko.
Other states with significant interest in Bitcoin and Ethereum include Illinois, New York, Florida, and Washington, as shown below. Pennsylvania, Texas, Virginia, Georgia, and Arizona follow the set.
Ethereum, other crypto and the world
Since the April slump, Nigeria in Africa has shown greater interest in cryptocurrencies than any other nation in the rest of the world. Nigeria received a score of 371 in the study that examined Google Trends data for six queries, including “purchase cryptocurrency” and “invest in cryptocurrency,” which were added together to give each English-speaking country a total search rating.
The United Arab Emirates, Singapore, Australia, the United Kingdom, and Canada were listed after Nigeria.
It is noteworthy that the Nigerian stock exchange said in June that it intended to launch a blockchain-enabled platform the following year in order to expand trade and draw in new investors.
According to our most recent publications, Nigeria has been advancing quickly in terms of BTC usage. One of the crypto markets with the quickest growth, its peer-to-peer Bitcoin trading volume exceeded $1 billion between January 2022 and June 2022.