Crypto donations surpassed $1 billion in 2024, driven by a booming digital asset market and enhanced regulatory clarity worldwide, according to The Giving Block. The report highlights increased institutional investment and the emergence of resilient crypto platforms as key factors contributing to this growth. Notably, four states and the District of Columbia accounted for approximately 69% of total donations, demonstrating a shift towards geographical diversity. Education (16%) and health/medicine (14%) were the most prominent causes for donations, with several other categories receiving substantial support. The intersection of blockchain technology and philanthropy is also emerging, potentially increasing the effectiveness of donation management. While stablecoins represented 44% of donations in 2023, Bitcoin, Ether, XRP, and Solana made up 90% of crypto giving in 2024. Average donors tend to be younger, wealthier, and more philanthropic than traditional givers. The Giving Block projects $2.5 billion in crypto donations for 2025, buoyed by favorable political conditions and greater adoption of crypto assets.

Source 🔗