When assessing the ranking of countries in which cryptocurrency ownership is most common, we use data from the American company Chainalysis. It analyzes the extent of cryptocurrency adoption in different countries and publishes regular reports based on the following criteria:
The total volume of cryptocurrency activity on centralized exchanges (CEX). The ratio of the total value of cryptocurrency to purchasing power parity (PPP) per capita is estimated.
Individual user activity on CEX. The total number of cryptocurrency transactions amounting to less than $10,000 is estimated.
Peer-to-Peer (P2P) trading volume . When ranking, countries with lower PPP per capita rank higher. This identifies countries whose residents invest a larger share of their funds in peer-to-peer cryptocurrency transactions.
The total value of the cryptocurrency involved in DeFi protocols.
Individual user activity in DeFi.
