Ukraine, Indonesia, and Russia Led Crypto Adoption in Q3: DappRadar

Must read

Crypto adoption is shooting through the roof despite the bear market and uncertainty surrounding asset prices, according to recent findings from the leading decentralized application (dApp) analytics platform DappRadar.

The analysis, dubbed the Blockchain Behavior Report, outlined major trends that affected the blockchain space in the last quarter, including regions where crypto adoption accelerated in both usage and regulatory efforts.

Countries That Led Crypto Adoption in Q3
The findings revealed that Ukraine, Indonesia, and Russia saw the biggest adoption growth, with their adoption rates increasing by 143.17%, 115.59%, and 88.28%, respectively.

The United States retained its position as the largest crypto market, with India overthrowing Russia from second place with an increase of 10.40%, while the latter ranked fourth. Indonesia moved from fifth to third place, with traffic surging by 115.59%.

Ukraine moved to fifth place with a 143.7% increase, while the United Kingdom dropped to sixth place with a 6.40% decline in September. Nigeria took seventh place after a 12.52% spike, while the Philippines decreased by 9.78% to the eighth position.


More articles


Please enter your comment!
Please enter your name here

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Latest article