Ukraine Emerges as a Heavy Crypto User – Best Cryptos to Buy Now

Ukraine's rapid adoption of cryptocurrency since Russia's invasion highlights digital assets' role as a financial lifeline. Citizens leverage crypto to bypass disrupted banking systems, while global fundraising for wartime needs accelerates. The European Bank for Reconstruction and Development ranks Ukraine among the top ten crypto adopters worldwide, alongside Nigeria and Turkiye.

Institutional transfers dominate Ukraine's crypto activity, with transactions ranging from $1-10M. The government advances regulatory clarity, approving the draft bill "On VIRTUAL Asset Markets" despite wartime delays. Nigeria's growth stems from smaller retail and professional transactions, contrasting with Ukraine's institutional focus.

This surge underscores crypto's utility during systemic breakdowns, potentially influencing demand for established assets like BTC and ETH. Emerging markets demonstrate how geopolitical crises can accelerate blockchain adoption, creating new valuation frameworks for digital assets.