The global map of cryptocurrency engagement is shifting, and two regions are standing out above the rest.
A new report from ApeX Protocol highlights Singapore and the United Arab Emirates as the most crypto-focused nations, with ownership rates and search activity far beyond most peers.
In Singapore, enthusiasm has grown at breakneck speed. Just a few years ago, only a small portion of the population had exposure to digital assets. Today, nearly a quarter of citizens hold crypto, and online search activity around tokens and exchanges is the highest in the world. The city-state’s rapid climb places it firmly at the top of the rankings.
The UAE, meanwhile, has emerged as a parallel powerhouse. More than 25% of its population now owns crypto, an adoption rate that has tripled since 2019. The country also recorded one of the most dramatic surges in 2022, when more than a third of citizens were active holders. That momentum has kept the Gulf nation right on Singapore’s heels in the global leaderboard.
While Singapore and the UAE dominate through adoption rates and search trends, the United States earned its position through infrastructure. With over 30,000 crypto ATMs scattered across the country – more than ten times the number in any other nation – the U.S. offers unparalleled accessibility. Its usage has more than doubled since 2019, reflecting how deeply crypto has embedded itself into the financial system.
Canada and Turkey completed the top five. Canada recorded the fastest growth rate of any country in the study, while Turkey ranked third globally in ownership, with nearly one in five citizens involved. Both nations also displayed strong search activity, underscoring the balance between curiosity and active participation.
Rounding out the top ten were Germany, Switzerland, Australia, Argentina, and Indonesia, each showing unique strengths. Some led in adoption speed, while others excelled in infrastructure or community engagement.
ApeX Protocol described the findings as evidence that crypto is no longer confined to the margins. Instead, it is shaping how nations define financial innovation and digital trust. The report combined four indicators – ownership, growth, search volumes, and ATM availability – to measure engagement.
Other studies are reinforcing the trend. Chainalysis’ 2025 Global Adoption Index placed India in first place, followed by the U.S., pointing to a surge in transaction volumes and ETF-driven inflows. Countries like Pakistan, Vietnam, and Brazil also appeared high on the list, while Nigeria slipped despite regulatory progress.
Taken together, the data shows a financial landscape in transition. Whether through regulation, infrastructure, or sheer demand, more countries are embedding crypto into their economic frameworks. And with Singapore and the UAE leading the charge, the competition to define the future of digital money is only heating up.
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Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/new-report-highlights-the-top-2-crypto-hotspots-in-the-world/