Data collected by the crypto charity platform The Giving Block shows that donations in the form of cryptocurrencies are set to go over $10 billion within the next decade.
In addition to the platform’s data on crypto donations, The Giving Block also based its predictions on its analysis of potential Bitcoin’s (BTC) price trajectory. The platform predicted that BTC may reach $100,000 on September 2026 and reach $250,000 on October 2029.
Within the annual report, the charity project also highlighted the most used cryptocurrencies in donations and the largest crypto donation of the year. As for the top crypto used for donation, USD Coin (USDC) took 44% of the volume, while Ether (ETH) followed suit with 24% and BTC used on 17% of the donations.
Meanwhile, Ethereum co-founder Vitalik Buterin held the record for the largest crypto donation of the year, giving $9.4 million through Balvi, his philanthropic fund.
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As charities and donations in crypto grow in number, some may wonder where the donations actually go. Back in 2022, The Giving Block also shared six charities that benefited from crypto donations. This includes the orangutan preservation project Orangutan Outreach, which cares for orphaned and displaced orangutans and the regenerative agriculture nonprofit Trees for the Future, which managed to plant 2.3 million trees because of the crypto donations they received.
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