Archive · 15 Dec 2025
India's Crypto Market Matures in 2025
In 2025, India's crypto market grew and became more mature despite a 30% tax on crypto profits.
More people from smaller cities and towns started investing in crypto, with Tier-2, Tier-3, and Tier-4 cities contributing a lot to the market.
Bitcoin became the most popular cryptocurrency again, and investors are becoming more careful, preferring stable and well-established tokens.
More women are also starting to invest in crypto, especially in Andhra Pradesh, where women make up more than half of the investors.
The crypto market in India is now part of everyday investing habits, with people of all ages and from all over the country participating.
India's crypto market matured in 2025, with increased participation and more disciplined investment choices.
Non-metro regions, including Tier-2, Tier-3, and Tier-4 cities, now account for over 75% of India's crypto activity.
Bitcoin regained its position as the most-held cryptocurrency in India, with an 8.1% allocation.
Investors are becoming more careful, with half of the top 10 most-held cryptocurrencies being blue-chip assets.
More women are entering the crypto market, with Andhra Pradesh having 59% female investors, and the national average at 12%.
- Who
- CoinSwitch
- What
- Released a report on India's crypto investment trends in 2025
- When
- December 15, 2025
- Where
- India
- Why
- To show the shift in crypto activity from metro to non-metro regions and the maturation of the crypto market
- Total crypto investors in India
- 2.5 crore
- Bitcoin's share of total holdings
- 8.1%
- Dogecoin's share of total holdings
- 6%
- Ethereum's share of total holdings
- 5.2%
- Shiba Inu's share of total holdings
- 4.5%
- Ripple's share of total holdings
- 3.9%
- Pepe's share of total holdings
- Entered top 10 for the first time
- Blue-chip assets' share of top 10 holdings
- 50%
- Layer 1 and Layer 2 blockchain ecosystems' share of holdings
- 32.5%
- Meme coins' share of holdings
- 17%
- DeFi's share of holdings
- 11.5%
- AI-linked tokens' share of holdings
- 8.1%
- BNB Chain ecosystem's share of holdings
- Retains a loyal investor base
- Karnataka's share of total invested value
- 7.9%
- Karnataka's blue-chip assets' share of portfolio
- 30.1%
- Karnataka's large caps' share of portfolio
- 31.2%
- Karnataka's mid caps' share of portfolio
- 17.6%
- Karnataka's small caps' share of portfolio
- 21.2%
- Karnataka's female crypto investors
- 29.0%
- Karnataka's male crypto investors
- 71.0%
- Most active trading month
- January
- Busiest trading day
- January 19
- Diwali trading increase
- 13%
- Age group 26–35's share of crypto investors
- 45%
- Age group 18–25's share of crypto investors
- 25.3%
- Age group 36–45's share of crypto investors
- 19.1%
- Age group above 46's share of crypto investors
- 10.6%
Sources
Non-metro cities drive over 75% of India’s crypto activity, CoinSwitch report shows
Indians still bet on crypto despite 30% tax: Here is how the market fared in 2025
Karnataka emerged as blue-chip heavy crypto market: CoinSwitch
Karnataka emerged as blue-chip heavy crypto market: CoinSwitch
