Broadening Crypto Onboarding: Bitcoin's Role Evolves as Altcoins and DeFi Gain Traction

Saturday, Sep 27, 2025 8:39 pm ET1min read

A new survey by CoinGecko reveals a shift in how newcomers enter the cryptocurrency market, with fewer individuals relying solely on Bitcoin. Only 55% of new crypto owners started with Bitcoin, down from previous years, indicating diversification in entry points. Altcoins account for 37% of market entry, driven by lower costs and vibrant community engagement. 10% of respondents have never purchased Bitcoin, suggesting alternative sectors like DeFi and memecoins are gaining traction.

Broadening Crypto Onboarding: Bitcoin's Role Evolves as Altcoins and DeFi Gain Traction