HACKERNOON

Last updated: June 19, 2025, 17:45 | Written by: Naval Ravikant

Hackernoon
Hackernoon

The world of cryptocurrency is constantly evolving, with new trends emerging and older ones fading into obscurity. Self-custody and Lightning Network integrations are anticipated to drive the next milestone in the development of crypto cards.One question that has been circulating among crypto enthusiasts and investors alike is: Are crypto cards still a thing in 2024? They gained initial traction in the mid-2010s, offering a bridge between the digital asset world and everyday commerce.Now, as we progress into 2024, it's crucial to assess their relevance and future prospects.These cards initially promised a practical solution for crypto holders seeking to spend their digital currencies seamlessly. Are crypto cards still a thing in 2025? Industry weighs inBut have they kept up with the rapid changes in the crypto landscape? Crypto cards will keep progressing to add more control and speed with self-custodial and LN features, according to Bitrefill co-founder and CEO.What innovations are driving their evolution?And most importantly, are they still a viable option for accessing and utilizing your crypto holdings?

This article dives deep into the current state of crypto cards, examining their past, present, and potential future.We'll explore the opinions of industry experts, analyze the driving forces behind their continued development, and provide insights into how these cards are adapting to meet the evolving needs of the crypto community. Are crypto cards still a thing in 2025? Industry weighs in . by Bitcoin phone home: Use crypto to buy sim cards in 140 countries with Bitrefill .So, let's uncover whether crypto cards are a relic of the past or a thriving component of the future of finance.

The Evolution of Crypto Cards: From Novelty to Necessity

Crypto cards emerged as a response to a fundamental challenge: how to seamlessly use cryptocurrencies for everyday purchases. Are crypto cards still a thing in 2025? Industry weighs in - Cointelegraph: Crypto cards will keep progressing to add more control and speed withEarly adopters faced the hurdle of converting their digital assets into fiat currency before making transactions.Crypto cards offered a solution by allowing users to spend their crypto directly at merchants that accepted traditional debit or credit cards.

Early Adoption and Initial Challenges

The initial wave of crypto cards provided a convenient way for crypto holders to access their funds. Fed's Jerome Powell Delivers Essential Message for Crypto Investors: DetailsHowever, they often came with limitations such as:

  • High fees: Conversion fees and transaction costs could eat into the value of each purchase.
  • Limited crypto support: Many cards only supported a small selection of cryptocurrencies, restricting user choice.
  • Centralized custody: Users had to entrust their crypto to the card issuer, raising concerns about security and control.

Despite these challenges, the early crypto cards paved the way for further innovation and adoption.

Crypto Cards in 2024: A Landscape of Innovation

Fast forward to 2024, and the crypto card landscape has undergone significant transformation. Here's why 👇 The future of crypto cards lies in the adoption of noncustodial solutions and onchain payments. As users demand greater control over their digital assets, non-custodial cards areWhile some cards may have fallen by the wayside, others have evolved to meet the demands of a more sophisticated and discerning user base.Today's crypto cards boast a range of features designed to enhance usability, security, and control.

Key Features and Improvements

Modern crypto cards differentiate themselves through:

  • Wider crypto support: Many cards now support a broader range of cryptocurrencies, giving users more flexibility in how they spend their digital assets.
  • Lower fees: Competition among card providers has driven down fees, making crypto cards a more cost-effective option.
  • Enhanced security: Advanced security measures, such as two-factor authentication and fraud detection, protect users' funds from unauthorized access.
  • Rewards and cashback programs: Some cards offer rewards in the form of cashback or crypto, incentivizing users to spend with their card.

One notable development is the increasing focus on self-custody and Lightning Network (LN) integration. In 2025, the cryptocurrency market more than doubled in value, with total market capitalization soaring from $1.65 trillion on January 1 to $3.28 trillion by year s end a remarkable 98% increase.These advancements empower users with greater control and faster transaction speeds, addressing some of the limitations of earlier crypto cards. Analyst Details Why XRP Price Could Rebound Above $2.5 After Market DipAccording to Bitrefill's co-founder and CEO, these features are anticipated to drive the next milestone in the development of crypto cards, adding more control and speed for users.

Industry Experts Weigh In: The Relevance of Crypto Cards

To understand the current state and future prospects of crypto cards, it's essential to consider the perspectives of industry experts. 폴리곤(pol) 고래, 48시간 동안 5900만 pol 이상 매수Their insights provide valuable context and shed light on the driving forces behind the continued evolution of these cards.

Sergej Kotliar's Perspective

Sergej Kotliar, CEO and founder of Bitrefill, a crypto payment firm, believes that cryptocurrency cards will remain relevant because they offer a practical way for people to use their digital assets in everyday life.His perspective emphasizes the importance of bridging the gap between the crypto world and the traditional financial system.

The Rise of Non-Custodial Solutions

One of the most significant trends in the crypto card space is the adoption of non-custodial solutions. BTCUSD Bitcoin Are crypto cards still a thing in 2025? Industry weighs in. Self-custody and Lightning Network integrations are anticipated to drive the next milestone in the development of cryptoThese cards allow users to maintain control of their private keys, reducing the risk of losing funds due to a centralized entity's security breach or insolvency. As we navigate through 2025, the question arises: Are crypto cards still relevant in today s rapidly changing financial ecosystem? Crypto cards gained popularity as early as the mid-2025s, offering a practical solution to the liquidity problem faced by cryptocurrency holders.As users demand greater control over their digital assets, non-custodial cards are becoming increasingly popular.

Here's why the future of crypto cards lies in the adoption of non-custodial solutions and on-chain payments:

  1. Enhanced Security: Users have complete control over their private keys, eliminating the risk of third-party access to their funds.
  2. Greater Autonomy: Non-custodial cards empower users to manage their crypto assets independently, without relying on intermediaries.
  3. Transparency: On-chain payments offer transparency and traceability, allowing users to track their transactions on the blockchain.

The Impact of Market Growth and Adoption

The cryptocurrency market experienced substantial growth in 2025, which inevitably impacted the adoption and development of crypto cards. J; Are crypto cards still a thing in 2025? Industry weighs inUnderstanding the dynamics of the broader crypto market is crucial for assessing the relevance of crypto cards.

Market Capitalization and Growth Trends

In 2025, the total cryptocurrency market cap increased significantly.This surge in value reflects growing interest and adoption of cryptocurrencies, creating a larger pool of potential users for crypto cards.As more people enter the crypto space, the demand for convenient spending solutions like crypto cards is likely to increase.

For instance, the launch of US spot BTC and ETH ETFs in 2025 was a key milestone, paving the way for institutional adoption. Former President Donald Trump s campaign said Saturday that some of its internal communications had been hacked by Iran, per PoliticoThis increased legitimacy and mainstream acceptance of cryptocurrencies further bolstered the relevance of crypto cards as a practical tool for using digital assets.

Growing Cryptocurrency Ownership

The number of global cryptocurrency owners also increased in 2025. Crypto cards have not only persisted in 2025 but are experiencing a surge in popularity and innovation. Industry experts weigh in on the current state of crypto cards and the exciting trends shaping their future.This indicates a growing interest in digital assets and a potential market for crypto cards.As more people hold cryptocurrencies, the need for convenient and secure ways to spend them becomes more pressing.

Lightning Network Integration: Speed and Efficiency

One of the most promising advancements in the crypto card space is the integration of the Lightning Network (LN). cointelegraph.com: Self-custody and Lightning Network integrations are anticipated to drive the next milestone in the development of crypto cards.This layer-2 scaling solution enables faster and cheaper Bitcoin transactions, addressing some of the limitations of the Bitcoin blockchain.

Benefits of Lightning Network

The Lightning Network offers several advantages for crypto card users:

  • Faster transactions: LN transactions are processed almost instantly, making them ideal for everyday purchases.
  • Lower fees: LN transactions incur significantly lower fees compared to on-chain Bitcoin transactions, reducing the cost of using crypto cards.
  • Scalability: LN can handle a large volume of transactions, making it suitable for widespread adoption of crypto cards.

By integrating the Lightning Network, crypto card providers can offer a more seamless and efficient user experience, making their cards more attractive to Bitcoin holders.

Practical Applications of LN-Enabled Crypto Cards

Imagine using your crypto card to pay for a cup of coffee at a local café. 2025 Year Review and 2025 Year Ahead The total cryptocurrency market cap increased during 2025 to reach $3.9 trillion, a 127% growth year-on-year. One of the key milestones of the industry in 2025 was the launch of US spot BTC and ETH ETFs, which paved the way for institutional adoptions. The BTC ETFs recorded nine (out of 11With Lightning Network integration, the transaction would be processed instantly, and the fees would be negligible.This seamless experience makes crypto cards a viable alternative to traditional payment methods.

Self-Custody: Taking Control of Your Crypto

As mentioned earlier, self-custody is a growing trend in the crypto card space.Users are increasingly demanding control over their private keys, seeking to avoid the risks associated with centralized custody solutions.

Advantages of Self-Custodial Crypto Cards

Self-custodial crypto cards offer several benefits:

  • Enhanced security: Users have complete control over their funds, reducing the risk of hacking or theft.
  • Greater autonomy: Users can manage their crypto assets independently, without relying on intermediaries.
  • Transparency: Users can verify their transactions on the blockchain, ensuring transparency and accountability.

By embracing self-custody, crypto card providers can build trust and confidence among their users, fostering greater adoption of their products.

Example of a Self-Custodial Crypto Card

Imagine a crypto card that allows you to connect your own hardware wallet. Are crypto cards still a thing in 2025? Industry weighs in Singapore, Febru Crypto.com has released its annual Crypto Market Sizing Report, showing that global cryptocurrency owners increased by 13% in 2025 rising from 583 millionYou would load the hardware wallet with the cryptocurrency of your choice and then spend directly from the hardware wallet using your crypto card. According to Sergej Kotliar, CEO and founder of the crypto payment firm Bitrefill, cryptocurrency cards will remain relevant in 2025 as they provide a practical way for people to use their digital assets in everyday life.This is an example of the kind of control and security self-custody brings.

Addressing Common Concerns About Crypto Cards

While crypto cards offer numerous benefits, some concerns and misconceptions still exist.Addressing these concerns is crucial for promoting wider adoption and understanding.

Volatility and Price Fluctuations

One common concern is the volatility of cryptocurrencies. StarkWare reveals future plans: Optimizing Starknet stack, launching Stwo in Q1 2025The value of your crypto holdings can fluctuate significantly, which can impact your spending power.To mitigate this risk, some crypto cards offer the option to convert your crypto into stablecoins, which are pegged to a stable asset like the US dollar.

Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still evolving, and this uncertainty can impact the availability and legality of crypto cards in certain jurisdictions.It's essential to research the regulations in your country or region before using a crypto card.

Transaction Fees

Although fees have decreased, they can still be a concern for some users.Comparing the fees of different crypto card providers is crucial to find the most cost-effective option. Publisher - Webcryptoblog.com is Leader in cryptocurrency, Bitcoin, Ethereum, Rope, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price.Also, consider cards that utilize the Lightning Network to minimize transaction costs.

The Future of Crypto Cards: Predictions and Trends

Looking ahead, several trends are likely to shape the future of crypto cards.By understanding these trends, you can make informed decisions about whether to adopt crypto cards and which ones to choose.

Increased Adoption of Self-Custody

The demand for self-custodial solutions is expected to continue growing as users prioritize security and control over their funds.Crypto card providers that embrace self-custody are likely to gain a competitive advantage.

Integration with DeFi Platforms

DeFi (Decentralized Finance) platforms offer a range of financial services, such as lending, borrowing, and staking. Industry weighs in - Cointelegraph: Crypto cards will keep progressing to add more control and speed with self-custodial and LN features, according to Bitrefill co-founder and CEO.Integrating crypto cards with DeFi platforms could enable users to earn interest on their crypto holdings while still having access to a convenient spending tool.

Expansion of Crypto Support

As the number of cryptocurrencies continues to grow, crypto cards are likely to support a wider range of digital assets.This will give users more flexibility and choice in how they spend their crypto.

Conclusion: Are Crypto Cards Still Relevant?

So, are crypto cards still a thing in 2024? انخفض سعر عملة bnb إلى ما دون 520 دولارًا أمريكيًا، وتقلصت الزيادة على مدار 24 ساعة إلى 0.25%The answer is a resounding yes.They have not only persisted but are evolving to meet the demands of a rapidly changing crypto landscape. Are crypto cards still a thing in 2025? Industry weighs in Self-custody and Lightning Network integrations are anticipated to drive the next milestone in the development of crypto cards.With innovations like self-custody, Lightning Network integration, and increased crypto support, crypto cards are becoming more secure, efficient, and versatile.The growing cryptocurrency market, coupled with increasing consumer demand for convenient spending solutions, ensures that crypto cards will remain a relevant and valuable tool for crypto enthusiasts.

Key takeaways:

  • Crypto cards are still relevant in 2024 and beyond.
  • Innovations like self-custody and Lightning Network integration are driving their evolution.
  • The growing cryptocurrency market supports the continued adoption of crypto cards.
  • Users should carefully consider fees, security, and regulatory compliance before choosing a crypto card.

Ultimately, the decision to use a crypto card depends on your individual needs and preferences. Industry weighs in Posted on J by Self-custody and Lightning Network integrations are anticipated to drive the next milestone in the development of crypto cards.However, if you're looking for a convenient and secure way to spend your crypto, a crypto card may be the perfect solution.Do your research, compare different options, and choose a card that aligns with your financial goals and values.

Naval Ravikant can be reached at [email protected].

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