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Asia is becoming the new center of the global crypto wave.
🇻🇳Vietnam continues to lead the region with 31% of its population owning crypto, surpassing Singapore (24.4%), the Philippines (23%), and South Korea (13.2%).
Not only has the number of users increased significantly, but on-chain capital flows into the #APAC region have also boomed, from $930 billion (2022–23) to $1.4 trillion (2023–24) and are expected to reach $2.36 trillion in 2024–25 (+69% YoY).
This shows that the growth momentum of crypto is shifting strongly towards Asia, where there is a young population, a high level of digitalization, and a growing demand for digital asset applications.
The next growth cycle of crypto is likely to be led by Asia.