INDODAX Sees Surge in Transaction Volume as Indonesian Crypto Market Gains Momentum

The number of digital financial asset consumers in Indonesia continues to rise, reaching 22.93 million accounts in July 2026.

The value of national crypto asset transactions was recorded at Rp. 20.52 trillion, down 28.2 percent compared to June's Rp. 28.58 trillion.

INDODAX's transaction volume in July reached around Rp7.5 trillion, equivalent to around 36.5 percent of the value of national crypto transactions in that period.

In August, INDODAX's transaction volume increased by around 16 percent to Rp8.7 trillion compared to the previous month.

Chief Marketing Officer Aloysia Dian attributed the increase in volume to a strengthening market and investor interest, particularly with Bitcoin's price rising by around 24.36 percent in one month.