India and the United States have emerged as the two First Nations of the World Cryptography Adoption of 2025, reveals a Chainalysis report. This marks a significant change in the global cryptocurial landscape, motivated by a combination of regulatory clarity, institutional interest and basic adoption. India has retained its advance for the third consecutive year, while the United States has gone from the fourth to second place, reflecting the growing influence of the spot Bitcoin ETF and a more structured regulatory environment.
India ranked first in the four sub-indices used by the chainysis to measure the adoption of cryptography: centralized retail service received, challenge, institutional activity and global use of cryptography. This achievement is allocated to the large and informed population of India, to the strong diaspora which stimulates the request for payment and to a general acceptance of digital financial solutions. The country also directed the Asia-Pacific region, which has increased 69% from one year to the other of cryptographic activity on a chain, reaching 2.36 billions of dollars. This growth was mainly motivated by India, Pakistan and Vietnam, which were all in good place in the upper classification.
The United States has climbed two positions in second place, powered by the regulatory momentum and the approval of Bitcoin ETF. These developments have legitimized cryptocurrency within traditional finance, encouraging institutional participation. The United States has also experienced 49% growth in the adoption of cryptography, driven by institutional and commercial activities. The chief economist of Chainalysis, Kim Grauer, noted that regulatory clarity is particularly vital for large companies and traditional financial institutionsBecause they strongly weigh compliance, legal and reputation risks. The United States has received $ 4.2 billions of ramp volume, the highest worldwide, and almost half of all Fiat purchases in the United Kingdom and the EU were directed to Bitcoin.
The Asia-Pacific region has become the fastest market in crypto, India, Vietnam and Pakistan leading. The report pointed out that APAC growth has been fueled by the integration of crypto into funding, retail transactions and decentralized finances. Vietnam and Pakistan have both shown substantial progress, Vietnam climbing to the fourth and in Pakistan in the third in the ranking. The continuous expansion of the region highlights the role of the crypto in the resolution of financial inclusion and the challenges of cross -border payment, in particular in economies with limited banking infrastructure.
On the other hand, the classification per capita revealed a different trend. Eastern European countries like Ukraine, Moldova and Georgia led to the adoption of cryptography compared to the size of their population. These countries have experienced high levels of cryptographic activity due to economic uncertainty, a lack of confidence in traditional banking systems and strong technical literacy. Chain-analysis data indicated that the crypto served as an attractive alternative for the preservation of wealth and cross-border transactions, in particular in countries dealing with inflation, conflicts or banking restrictions.
Bitcoin has remained the dominant entry point on the cryptography market, with more than 4.6 billions of dollars in fiat entries in the past year. Tokens layer 1, excluding bitcoin and EthereumRepresented approximately 4 billions of dollars, while the stablecoins represented nearly 1 dollars billion. Samecoins and low liquidity tokens have collectively received around $ 250 billion in Fiat entries. The United States has continued to lead the ramp volume, South Korea and the United Kingdom also showing an important activity. These data strengthen the idea that Bitcoin remains the most reliable and mostly adopted cryptocurrency for retail and institutional users.
The report also underlined the growing institutional participation in the cryptographic space, in particular in the United States and in other developed markets. With the approval of several Bitcoin ETFs of several points and improved regulatory executives, traditional financial institutions have increasingly entered the cryptography market – not only as investors but also as infrastructure providers and sources of liquidity. This trend has been reflected in the introduction of a new sub-index of institutional activity in the chain report 2025, capturing the value transferred by large-scale entities and intelligent contractual addresses.
Overall, the global index for the adoption of 2025 cryptography paints a painting of a ripening and diversifying cryptographic ecosystem, with the adoption drawn both by the usefulness of the basis and institutional legitimacy. The United States and India, as well as other emerging and developed markets, reshape the global financial landscape, demonstrating how cryptocurrency continues to gain ground as a viable financial tool.
Source: (1) The global adoption index of 2025 ((2) The United States reached the second in the global adoption of cryptography ((3) India and the US global adoption of cryptocurrency in 2025 ((4) States increases