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The Defiant 2025-02-08 20:56:31

Crypto Donations Surpass $1 Billion in 2024, Marking Major Growth

Cryptocurrency donations surpassed $1 billion in 2024, the highest since 2021, according to The Giving Block's 2025 Annual Report on Crypto Philanthropy. The Feb. 5 report reveals a 386% year-over-year increase in the average cryptocurrency donation size, which reached $10,978. Additionally, 70% of Forbes' Top 100 Charities now accept crypto donations, a 25% rise from the previous year. Education nonprofits received the largest share of donations, totaling 16%, followed by Health & Medicine organizations at 13%. Children & Youth nonprofits secured 9.9%, while Animal-related charities received 9.6%. Women & Girls Empowerment charities also recorded 9.3%. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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