1、WEB3&CRYPTO IN WEB3&CRYPTO IN FRANCE AND EUROPEFRANCE AND EUROPETowards sustainable and institutional adoptionEDITION 2025Adan is proud to present this new edition of its study Web3&crypto in France and Europe,a real reference barometer to understand the evolution of the sector and the dynamics of a

2、doption and structuring that are taking place in France and Europe.This year again,there are many lessons,and their message is clear:Web3 is becoming an economic and technological reality,yet still underestimated.While 2024 marked a turning point for the crypto-asset market,2025 opens on a key year

3、where ambitions will have to be realized.Far from being a simple continuity,this new step will be decisive in measuring the real impact of the regulatory and economic advances observed last year.With Bitcoin exceeding 100,000 in capitalization and growing adoption,the industry has proven its robustn

4、ess and appeal to both institutional and retail investors.Awareness of crypto-assets has never been so high:more than 90%of French people say they are aware of them,and nearly one in two plans to invest in them.However,France is still struggling to translate this craze into a real adoption dynamic.F

5、or the first time in three years,the number of crypto-asset holders is declining slightly,while our European neighbours are stabilising or increasing their adoption rates.This paradox raises a central question:is our economic and regulatory environment favorable enough to bring about a competitive W

6、eb3 ecosystem in Europe and France?The entry into force of the Markets in Crypto Assets(MiCA)regulation represents a major step forward by providing a structuring framework for companies in the sector.But this progress should not mask the many challenges that remain:France has not yet issued any MiC