According to a recent report by Statista, India’s cryptocurrency community could surge to over 156 million people by the end of this year, with more than 11% of the population invested in the field. The country’s cryptocurrency adoption rate is expected to surpass that of the United States, the United Kingdom, Japan, and Russia.
Statista determined that most Indians dealing with digital assets are well-educated and between the ages of 18-40. Previous research has shown that young people are also most likely to interact with the industry in other countries. India's cryptocurrency market could provide profits worth about $3.3 billion this year, while revenue could surge to nearly $6 billion by 2027. (CryptoPotato)