This chart highlights the countries leading in grassroots cryptocurrency adoption based on the Global Crypto Adoption Index:
1. India: Tops the chart with a perfect score of 1.00, reflecting its massive retail crypto activity and integration across DeFi platforms.
2. Nigeria: Comes in second with a score of 0.64, driven by high peer-to-peer (P2P) trading and a growing crypto-savvy population.
3. Vietnam: Secures third place with 0.57, showcasing its vibrant crypto adoption across retail and institutional sectors.
4. United States: At 0.37, the U.S. ranks fourth, indicating significant activity in centralized and decentralized services.
5. Ukraine: Scores 0.22, reflecting its consistent efforts in leveraging blockchain technology despite economic challenges.
Lower on the list, China and Russia are tied at 0.14, showcasing limited but still notable adoption, while the United Kingdom stands at 0.12.
This index reveals the varying levels of adoption influenced by economic needs, regulatory environments, and cultural attitudes toward cryptocurrencies.
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