Sub-Saharan Africa: The third quickest growing region for cryptocurrency adoption

Sub-Saharan Africa has emerged as the third-fastest growing region for cryptocurrency adoption, achieving 205 billion USD in on-chain value from July 2024 to June 2025, a 52% increase. Institutional adoption, especially in Nigeria, is significantly impacting the market.

Over 8% of crypto transfers in Sub-Saharan Africa were under 10,000 USD, surpassing the global average. The region’s unique challenges, including high inflation and limited access to traditional banking, are driving the shift toward crypto solutions.

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