Analyzing Iran’s crypto volumes in the face of recent geopolitical tensions
From Iran to Venezuela, Bitcoin and crypto have become a refuge and hedge against geopolitical tensions and massive devaluation of local currencies.
Amid the ongoing protest and reported internet shutdown in Iran, crypto activity has surged to a record $7.78 billion in 2025, according to blockchain analytics firm Chainalysis.
According to the firm, most of the spikes in Iran’s crypto activity corresponded to local and geopolitical tensions, including last year’s 12-day war with Israel.
Source: Chainalysis
And the current protest against the government and external pressure has gained momentum after the Iranian Rial, the local currency, collapsed against the U.S. dollar.
Source: Google
In other words, any…
