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Mass Adoption

Definition

‘Mass Adoption’ signifies the widespread acceptance and utilization of a technology, product, or service by a significant portion of the general population. In the cryptocurrency sector, this term refers to the point where digital assets and blockchain technology are commonly used for everyday transactions, investments, and other financial activities by a broad demographic. Achieving mass adoption is a primary objective for many in the industry, signifying a transition from niche technology to mainstream utility. It implies overcoming barriers related to usability, understanding, and infrastructure.