India and the US Lead Global Cryptocurrency Adoption in 2025, Chainalysis Report Shows

India has solidified its position as the global leader in cryptocurrency adoption, topping Chainalysis' 2025 rankings for the second consecutive year. The country dominates across retail centralized service value, DeFi engagement, and institutional usage—a testament to crypto's growing role in remittances and financial inclusion.

The United States surged to second place, fueled by regulatory clarity and institutional participation. This dual leadership underscores a maturing market where established economies are now driving adoption alongside emerging markets.

Asia-Pacific witnessed explosive 69% growth in on-chain activity, with Vietnam and Pakistan joining India as regional frontrunners. Latin America and Africa continue their rapid adoption curves, leveraging digital assets for cross-border payments and economic access.