The number of non-zero addresses on the Cardano network is expected to increase to 10 million by 2025, according to an analysis by Cardano stake pool operator Cardanians. The network recently surpassed 4 million total addresses, with 2.24 million holding non-zero balances.

The analysis suggests that the introduction of staking on Cardano caused non-zero addresses to increase by 50 times within a year, from 17,183 in July 2020 to 835,417 in June 2021. Bull markets could accelerate user growth on networks, as seen in the cases of Ethereum and Bitcoin, and Cardano's predicted bull market in 2025 should help increase its users.

Several developments, such as the launch of the USDA stablecoin, the launch of Hydra, and the growth of the Cardano DeFi scene, should also contribute to the increase in non-zero addresses. Cardano's DeFi TVL has continued to grow, currently sitting at 369 million ADA, representing an all-time high value.