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MENA crypto volume triples to an estimated $350 billion

MENA crypto volume triples to an estimated $350 billion

The Middle East and North Africa’s annual on-chain crypto transaction volume increased from approximately $100 billion in 2022 to an estimated $350 billion during 2025–2026, according to a Bitcoin Policy Institute report published on Sept. 4.

Summary

  • MENA annual on-chain transaction volume rose from about $100 billion in 2022 to estimated $350 billion.
  • Turkey remains the region’s largest crypto market, with annual transaction volume approaching $200 billion, researchers estimate.
  • Saudi Arabia recorded 154% year-over-year growth, while Qatar followed with a 120% increase, according to Chainalysis.
  • The UAE processed approximately $150 billion in crypto transactions…

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