Coingecko: Which countries have the greatest interest in cryptocurrencies?

Author: Lim Yu Qian, Coingecko; Compiler: Deng Tong, Golden Finance

Which countries have the greatest interest in cryptocurrencies?

The most welcoming country for cryptocurrencies is the United States, with Americans’ interest in cryptocurrencies accounting for 16.8% of the smaller market cap tokens on the global on-chain DEX tracker. The second is the United Kingdom, with 6.2% interest in so-called “shitcoins” or meme coins, and the Philippines, with 5.1% interest.

The top 25 most active countries in cryptocurrencies account for 77.8% of on-chain speculative interest.

Source: Similarweb, coingecko.com/research

In addition to the Philippines, neighboring Southeast Asian countries with relatively high interest in small-cap cryptocurrencies include Indonesia (4.0%), Vietnam (2.9%), Thailand (1.2%) and Malaysia (0.9%).

Meanwhile, Nigeria is the only African country to make the top 25, and ranks sixth with a 3.9% share.

Within the European Union (EU), the countries most interested in on-chain transactions are France (4.4% of global interest), the Netherlands (3.0%), and Poland (2.4%). A total of 6 EU member states are among the top 25 countries in the world.

Notably, 18 of the 25 most cryptocurrency-active countries are members of the G20, an international forum of economically important countries.

Cryptocurrency Market Rankings (2024)

The 25 most active countries with the highest interest in on-chain transactions in the past year are: