đ MENA is making waves in the crypto world! đ According to Chainalysis, the region ranked as the 7th largest crypto market globally in 2024, with $338.7 billion in on-chain value. Turkey and Morocco are leading the charge, ranking 11th and 27th worldwide in crypto adoption.
Centralized exchanges still dominate, but DeFi is gaining momentum, especially in Saudi Arabia and the UAE. Saudi Arabia and Qatar are the fastest-growing crypto economies, thanks to blockchain innovation and new regulatory frameworks.
Stablecoins and altcoins are becoming the go-to choice for investors, marking a shift from traditional assets like Bitcoin and Ethereum. #Crypto #Blockchain #MENA