People Don't Need Crypto. They Need What Crypto Can Do.

Cointelegraph published some pretty surprising numbers today: for 60% of users who placed bets on World Cup matches on Polymarket, this was their first ever interaction with a blockchain service.

Everyone keeps saying that crypto is in bad shape and that nobody needs it anymore. And everyone is looking for someone to blame. Some point to the new AI bubble, some blame U.S. regulators, and others blame Strategy and similar "crypto treasury" companies with short-sighted strategies.

Meanwhile, right in front of us, popular services are bringing new users into crypto so quickly that first-timers now outnumber veterans among their customers.

When a service gives people something genuinely valuable, they are willing to try technology that is new to them. Polymarket's numbers make that very clear.

And what counts as valuable is different for everyone.

• For some, it is the chance to take part in a betting market where the odds are set not by a bookmaker, but by the players themselves (Polymarket).
• For others, it is the ability to trade leveraged swap contracts tied to securities around the clock, seven days a week (Hyperliquid).
• And for others still, it is simply the ability to keep their savings in a reliable asset that no one can take away from them, and that has outperformed the vast majority of other assets over the long run (Bitcoin).

So crypto is doing just fine. What is actually happening is that people who understand exactly why they need it are finally coming in.

And if today you need one crypto asset, and tomorrow you need another, welcome to rabbit.io. We have something valuable to offer too: the best exchange rates, no limits, and none of the unnecessary friction.