Crypto markets remain down around 65, or $2 trillion in total market capitalization, from their peak in November 2021.

The industry has been battered by a barrage of attacks from regulators and politicians, especially in the United States. Moreover, the wave of hacks and exploits has continued unrelenting.

Nevertheless, there is a silver lining, and that is growth and adoption across the sector.

On Sept. 26, DeFi researcher Thor Hartvigsen shared four charts showing that the “market and crypto adoption is in a much better place than you might think” before exclaiming:

“I am more optimistic about the future of Crypto/DeFi than I’ve ever been.”

Crypto and DeFi Growth Charts

The first chart was of the total daily wallets across the Ethereum and the layer-2 landscape. Users in the Ethereum ecosystem are at an all-time high despite being two years into a bear market, noted the researcher.