Definition ∞ Adoption signifies the widespread acceptance and utilization of a digital asset, blockchain technology, or decentralized application by individuals, businesses, or institutions. It represents the transition from experimental use to practical integration within existing economic or technological frameworks. Increased adoption is a key indicator of a digital asset’s utility and market viability.
Context ∞ Current discussions surrounding ‘adoption’ focus on metrics such as the number of active users on a blockchain, the integration of digital assets into mainstream payment systems, and the development of regulatory clarity that may facilitate broader institutional uptake. Observing adoption rates is critical for assessing the long-term growth trajectory of the digital asset space.
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