Chennai secures 10th spot in India’s crypto investment rankings for Q2 2025, contributing 2.5% to national investments, as CoinSwitch highlights deepening crypto adoption across the country.
Chennai Makes Its Mark as India’s Crypto Adoption Accelerates
Chennai has emerged as the tenth largest contributor to India’s cryptocurrency investment activity, accounting for 2.5% of the national total in the second quarter of 2025. The data comes from CoinSwitch, India’s largest crypto trading platform, which released the Q2 2025 edition of its flagship report, India’s Crypto Portfolio, on Wednesday.
The report, compiled from insights drawn from over 20 million users, provides a granular analysis of India’s dynamic crypto ecosystem. It highlights regional investment patterns, user behaviour, and the digital assets that are currently leading the market.
Surge in Crypto Participation Driven by Global Trends
“Q2 2025 has been a breakout quarter for crypto globally, and India is no exception. Bitcoin’s rally past $123,000, policy shifts in the West, and growing investor confidence have together sparked a surge in participation,” said Balaji Srihari, vice president at CoinSwitch.
India, long regarded as a cautiously emerging market for digital currencies, is now witnessing significant momentum. Chennai’s entry into the top ten indicates a rising level of awareness and engagement among investors in southern India.
A Maturing Market and Profitable Portfolios
“Crypto is clearly mainstreaming in India, and the fact that a majority of investor wallets are in profit reflects just how far the ecosystem has come,” Srihari noted.
He pointed out that Indian investors are no longer limiting themselves to marquee cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). Instead, they are diversifying their holdings to include speculative assets such as meme coins and gaming tokens—an indication of growing sophistication and risk appetite in the retail segment.
“We’re seeing Indians build well-rounded portfolios, from blue-chip assets like BTC and ETH to bold bets on Meme and gaming tokens. The momentum is real, the adoption is deepening, and it’s making India one of the most dynamic crypto markets in the world,” he added.
India’s Crypto Landscape Enters a New Era
The report underscores a new era of mainstream adoption for digital assets in India, with regional cities like Chennai playing an increasingly prominent role. As global trends continue to influence domestic investment habits, the coming quarters are expected to reflect even greater regional participation and innovation in the crypto space.
With rising profits, growing trust, and diversified portfolios, India’s crypto market appears to be solidifying its position on the global stage—and Chennai is right at the heart of it.
