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Blockchain: Nigeria and Ethiopia in the world's Top 20 countries with the highest adoption of cryptocurrencies

04/09/2025
Source : ORISHAS FINANCE
Categories: Economy/Forex

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classement “ Bookman Old Style”, serif">A published on Tuesday September 2, 2025 by Chainalysis Mention that Nigeria and Ethiopia are in the Top 20 countries in the world where the adoption of cryptocurrencies is the strongest. chainalysis is a company specialized in the analysis of data relating to blockchain.

The 2025 Global Adoption Index World 2025 of Chainalysis is based on four indicators. It is:

- the value of exchanges between people between July 2024 and June 2025, the value of transactions carried out by institutional actors such as traditional financial institutions, - the value of cryptocurrencies received or sold on centralized platforms,

- and that of transactions made on decentralized platforms.

According to the ranking, Nigeria is the country African where this adoption is the most important. The most populous country in continent, where virtual currencies are often used as a “reserve of value” in a context of soaring inflation, ranks 6th in the world, behind India, the United States, Pakistan, Vietnam and Brazil. Ethiopia is in 12th position globally.

The same report reveals that the Asia-Pacific region (APAC) grew the most in business cryptographic. The total value of cryptocurrency transactions in this region reached 23.60 billion dollars between July 2024 and June 2025 compared to 1.4 trillion dollars during the previous twelve months, thanks in particular to the solid commitment of users in the main markets regional countries such as India, Vietnam and Pakistan.

Crypto adoption grew by 63% in America Latin. This reflects a growing craze both in the segment of individuals than in that of institutions.

For its part, America of North and Europe continue to dominate in absolute terms, with respectively more than 2200 billion and 2.6 trillion dollars received between July 2024 and June 2025.

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