APAC Dominates Global Crypto Adoption as India Tops 2025 Rankings
India secured the top position in Chainalysis' 2025 Global Crypto Adoption Index, with the Asia-Pacific region solidifying its lead in grassroots cryptocurrency activity. Transaction volumes in APAC surged 69% year-over-year to $2.36 trillion, outpacing Latin America (63%) and Sub-Saharan Africa (52%).
Chainalysis refined its methodology for 2025, eliminating retail DeFi as a standalone category and introducing institutional tracking for transactions exceeding $1 million. India dominated all sub-indices—centralized services, retail activity, DeFi protocols, and institutional flows—while the US and Pakistan rounded out the top three.
The index analyzed 151 countries using web traffic patterns to gauge adoption. Vietnam and Brazil completed the top five, reflecting crypto's accelerating penetration in emerging markets.