India ranks number 1 globally in cryptocurrency adoption for 2025, according to the Chainalysis Global Crypto Adoption Index and TRM Labs' report, leading across retail, institutional, DeFi, and centralized exchange activity.
Key Ranking DetailsIndia tops every sub-category, ahead of the US (2nd), Pakistan, Vietnam, and Brazil, driven by $2.36 trillion in on-chain volume (69% YoY growth) and 210 million retail users.
This marks the third consecutive year at #1, fueled by a young population, low-cost mobile data, UPI integration, and $1.3 billion+ in Web3 funding.
South Asia, led by India, dominates grassroots adoption despite high taxes and regulations.
Global Market ImpactIndia's leadership boosts APAC's role as the crypto hub, influencing prices via high trading volumes and developer activity, though regulatory pressures limit full potentia
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