Crypto has emerged as a significant political issue this election season, and a recent report suggests that young crypto voters could play a pivotal role in the upcoming 2024 U.S. elections, especially in battleground states.

According to Coinbase, Gen Z and Millennials, who now make up 40% of all eligible voters, are increasingly frustrated with the current financial system and could cast their votes based on these sentiments.

The report highlights that this demographic also leads in crypto innovation, with 25% of those aged 18-34 owning crypto, compared to just 14% of older Americans.

The report further argues that many young voters who support crypto are preparing to make their voices heard at the polls. Politicians seeking their support must address the demand for a future that includes digital currencies and blockchain technology.

Voter turnout

The influence of younger voters is already evident. In 2020, voter turnout among those under 30 significantly increased, notably in key battle states like Georgia and Arizona. These voters are more inclined to support candidates who have shown pro crypto-friendly policies, with 51% indicating they would back such candidates in 2024.

“Almost four in ten (38%) see crypto as the future of finance. And importantly, more than half (

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Author: Micah Zimmerman

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