India tops the ranks for grassroots crypto adoption, according to Chainalysis’ 2023 crypto adoption index.
India, Nigeria and Thailand are ranked as the top three countries in Chainalysis’ “2023 Global Crypto Adoption Index,” with lower middle-income nations leading the way in the grassroots adoption of cryptocurrencies.from the report showing that central and south Asia and the wider Oceania regions dominate the top of its index, with six of the top 10 countries in this part of the world.
“In fact, LMI is the only category of countries whose total grassroots adoption remains above where it was in Q3 2020, just prior to the most recent bull market.” “If LMI countries are the future, then the data indicates that crypto is going to be a big part of that future.”
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