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As per the Chainalysis Global Crypto Adoption Index, India and Nigeria have retained their status as the nations with the highest rates of adoption regarding digital assets.
A Chainalysis report indicates that the global crypto adoption ranking for 2024 is once again topped by India. Nigeria holds the second position, consistent with last year, while Indonesia has ascended to third place.
Chainalysis evaluated the degree of crypto adoption across 151 countries worldwide based on two primary criteria, which are:
- the volume of cryptocurrency transactions processed by centralized exchanges (CEX);
- the volume of cryptocurrency transactions handled by DeFi platforms.
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Both wholesale and retail sub-indexes of transactions are analyzed, factoring in the volume of gross domestic product (GDP) per capita on a purchasing power parity (PPP) adjusted basis.
India excels in the use of centralized services, while Indonesia leads in DeFi platforms. In contrast, Nigeria has surpassed Indonesia due to its significant level of crypto utilization for retail purposes.
The United States remains in fourth place for the second consecutive year. Vietnam, which fell two positions over the year, now occupies the fifth spot, pushing Ukraine down by one position. The top 10 countries with a high degree of cryptocurrency adoption in 2024 also feature the Philippines, Pakistan, and Brazil.
For the first time, India has emerged as the leader in crypto adoption levels.
Сообщение India and Nigeria Stay at Forefront of Crypto Adoption in 2024 появились сначала на CoinsPaid Media.
