Gen Z Leads India Crypto Revolution With 37.6% Investor’s Share

• Young adults between the ages of 18 and 25 now make up 37.6% of India’s total crypto investors.
• Currently in India, crypto participation has expanded beyond the major cities, as Tier-2 hubs like Jaipur, Lucknow, and Patna are showing interest.

Lately, we have seen how the world has opened its arms to blockchain and cryptocurrency. Many nations of the world have started to add different forms of digital assets to their portfolios, from safe ones like ETFs to more exposed ones like memecoins; we have seen massive crypto adoption in recent times. 

In this light, we would dive into a report regarding the adoption of cryptocurrency in India. As of the time of writing, India has not formally regulated or adopted crypto as a form of legal tender, but there is a huge market there. And this market is majorly dominated by young adults (Gen Z). Based on the reports shared, adults between the ages of 18 and 25 are the most active crypto investors in India, overtaking the 26–35 age range.

CoinSwitch Report on Gen Z’s Growing Dominance in India’s Crypto Market

CoinSwitch shared a report and titled it India’s Crypto Portfolio Q3 2025: How India Invests. The report managed to draw insights from over 2.5 crore users, and with that information, CoinSwitch managed to carefully examine how Indians invest, trade, and engage with cryptocurrencies. 

Based on that data, Generation Z, which includes people between the ages of 18 and 25, makes up about 37.6% of the country’s total crypto investors. Millennials, who fall between ages 26 and 35, follow closely with 37.3% of investors, while the 36–45 age group represents only 17.8%.

Source: Coinswitch

Also Read: Crypto Adoption in 2025: Business Industries at the Forefront of the Blockchain World

The data also showed that the interest in crypto is no longer limited to major metropolitan areas in India but also extends to the small cities. While cities like Delhi, Bengaluru, and Mumbai continue to lead with about 19.3%, 8.9%, and 7.0% of total investors, respectively, smaller Tier-2 cities like Jaipur, Lucknow, and Patna are also seeing a rapid increase in participation.

This rise in adoption outside the big cities just explains that people across different regions and backgrounds are embracing digital assets as a way to grow their wealth and be part of the global financial shift that has started. The overall picture shows that India’s crypto market is expanding, and investors are becoming more intentional with their portfolio choices as they seem to be focusing on assets with long-term potential.

What Young Adults in India Are Investing In  

Bitcoin remains the most held cryptocurrency, with about 7.2% of the total holdings. After Bitcoin, Dogecoin comes next with 6.1% and Ethereum at 4.9%. Interestingly, seven out of the top ten India investors are stacking large-cap coins, indicating that many investors prefer to hold established cryptocurrencies that have proven utility and reliability over time.

Source: Coinswitch

When it comes to trading, the trend looks slightly different, as Ethereum leads with 8.9% of total trades, followed by Ripple and Bitcoin, each accounting for 7.6%.

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