Singapore Leads Global Crypto Adoption Rankings

Singapore has emerged as the world's most crypto-obsessed nation, according to a recent study by ApeX Protocol. The city-state boasts a composite score of 100, driven by an impressive 24.4% population ownership and exceptional search activity of 2,000 crypto queries per 100,000 people.

Its neighbor, the United Arab Emirates, secured second place with a score of 99.7 points. The Gulf nation experienced significant growth in crypto adoption, with over 34% of its population holding digital assets by 2022, up from just 11% in 2019.

The study measured engagement across four key indicators: ownership rate, adoption growth, search activity, and ATM availability. Singapore's leadership in search activity reflects high public engagement with digital assets.