Australia Surpasses Most Developed Nations In Terms Of Crypto Adoption

According to a16z’s State of Crypto 2025 report, Australia’s crypto adoption rate increased from 28% in 2024 to 31% in 2025, placing the country among the most crypto-engaged populations globally. Mobile wallet usage indicators indicate that activity in Australia is more focused on trading and speculation than in other developing nations.
The results coincide with the first time that the overall market value of cryptocurrencies has surpassed $4 trillion, and the number of active users worldwide has increased by about 10 million in the last 12 months to 40–70 million. While emerging markets like Argentina, Colombia, India, and Nigeria propel the rise of mobile wallets, established nations like Australia and South Korea lead in token-related web traffic. In the midst of a worsening currency crisis, Argentina has seen a 16-fold increase in mobile wallet usage over the past three years.