The Golden State of California may be the most curious country in America about Bitcoin (BTC) and Ether (ETH), new data from CoinGecko has revealed.
In a report shared by CoinGecko, California netizens accounted for 43% of all searches for Bitcoin and Ethereum web traffic on the cryptocurrency tracking site. This is despite the fact that the entire state’s population represents only 11.9% of the US population.
Bobby Ong, chief operating officer and co-founder of CoinGecko, said it was “unsurprising” that California would win the crown in cryptocurrency interest, given its position as a “major tech hub.”
California is also home to Silicon Valley – one of the largest centers of technology and innovation in the world.
Among the largest companies in Silicon Valley that have invested in blockchain-based applications and crypto startups include Apple, Google, Meta, PayPal, and Wells Fargo.
Central exchange platform Coinbase was one of the first major crypto companies to be headquartered in California, although it has no headquarters today. Graph, Helium, MakerDAO, and dYdX are among some of the newer Web3 projects with a presence in the Golden State.
There are also many prestigious universities with excellent engineering and technical departments in California, such as Stanford University, Caltech, and University of California, Berkeley.
CoinGecko also notes that other countries with significant interest in cryptocurrency include Illinois, New York, Florida and Washington, followed by Pennsylvania, Texas, Virginia, Georgia, and Arizona.
Top 10 US states with the most visits to Bitcoin and Ethereum web pages. Source: CoinGecko
Across the top 20 states, most website searches seem to lean towards Bitcoin. However, the data found that four specific states saw more searches for Ethereum than their competition.
“What is particularly notable is the interest in Ethereum over Bitcoin in Colorado, Wisconsin, New Jersey and Florida,” Ong explained.
“It remains to be seen how these rankings and market share play out in the coming months, as the Ethereum consolidation approaches.”
Data collected from May 2 to August 21, 2022, web traffic data was collected from the United States only. The data is indexed on a scale of 0-100, with 100 being the highest point for web traffic (California) compared to other states.
Related: 70% of US Cryptocurrency Holders Start Investing in 2021: Report
The findings come as a recent Study.com survey revealed that more than 64% of US-based parents and college graduates with a sufficient understanding of blockchain technology want to teach cryptography in school classrooms.
Globally, the U.S. shares Germany in the top spot when it comes to crypto-friendly regulation and legislation, sharing the top spot with Germany and beating Singapore, Australia and Switzerland, according to crypto data aggregator Coincub.
