Russia Tops Europe in Crypto Adoption With $376.3B in Transfers – What’s Driving the Surge?
Russia has overtaken all European markets in cryptocurrency adoption, recording $376.3 billion in received transactions between July 2024 and June 2025, according to a new report from blockchain analytics firm Chainalysis.
The figure places Russia well ahead of the United Kingdom’s $273.2 billion, and shows a dramatic shift in regional crypto dynamics as the country deepens its participation in decentralized finance and large-scale institutional transfers.
Source: Chainalysis
The findings, published in the Chainalysis 2025 Geography of Crypto Report, show that while Europe as a whole remains one of the world’s most mature crypto markets, Russia has experienced an exceptional surge in activity.
The report attributes…
