Emerging markets, especially in Asia, dominate the global crypto adoption index, with Vietnam taking first place, while the United States jumped to fifth, according to The Chainalysis ‘ 2022 ‘Global Cryptographic Accreditation Index“.
Analysis was performed using data from 154 countries Quarterly index results, which range from the second quarter of 2019 to the present day, and re-index these numbers to illustrate the growth rate of cryptocurrency adoption worldwide.
Besides Vietnam and the United States, the Philippines, Ukraine, India, Pakistan, Brazil, Thailand, Russia and China made the list of the top 10 countries in the world. Global Cryptographic Accreditation Index.
“A look at the sub-rankings shows that Vietnam shows very high purchasing power and population-adjusted adoption across centralized crypto-tools, DeFi, and P2P. Other sources also point to Vietnam’s love for cryptocurrencies.
Meanwhile, a recent survey was conducted by discoverer India ranked first in terms of global adoption of Play to Earn (P2E) and Non-Foldable Token (NFT) games.
It was also revealed that African blockchain companies raised nearly three times as much as they did in the first and second quarters of 2022 ($304 million), as they had raised overall in 2021, at $127 million.
The 2022 Chainalysis report found that although growth has become choppy with the onset of the latest bear market, global adoption is still well above levels preceding the 2020 bull market, confirming that overall adoption has slowed worldwide due to the bear market, But he remained. Above market levels before going up.
“Our data shows that global adoption has leveled off in the past year after sustained growth since mid-2019,” decomposition He said.