Delhi Leads In Crypto Adoption: CoinSwitch Unveils India’s Crypto Portfolio – Q2 2025

~Delhi-NCR tops investment charts
~Bitcoin, Layer-1 tokens and Meme coins dominate investor interest

Delhi :  CoinSwitch, India’s largest crypto trading platform, today unveiled the Q2 2025 edition of its flagship report ‘India’s Crypto Portfolio: How India Invests’. Drawing insights from over 2 crore users, the report offers a detailed look at India’s rapidly evolving crypto ecosystem, highlighting regional adoption trends, investor behaviour, and the most popular digital assets.

According to the report, Delhi-NCR continues to lead India’s crypto investment landscape, holding the top spot in the latest Q2 2025 report, followed by Bengaluru and Mumbai. Collectively, the top three metros account for over 26.6% of the country’s total crypto investments.

“Q2 2025 has been a breakout quarter for crypto globally, and India is no exception. Bitcoin’s rally past $123,000, policy shifts in the West, and growing investor confidence have together sparked a surge in participation,” said Balaji Srihari, Vice President, CoinSwitch. “Crypto is clearly mainstreaming in India, and the fact that a majority of investor wallets are in profit reflects just how far the ecosystem has come. We’re seeing Indians build well-rounded portfolios, from blue-chip assets like BTC and ETH to bold bets on Meme and gaming tokens. The momentum is real, the adoption is deepening, and it’s making India one of the most dynamic crypto markets in the world,” he added.

Delhi-NCR: Capital Leads with Caution and Confidence
The region accounted for 14.6% of the country’s total crypto investments, the highest among all cities. Notably, 62.44% of investor portfolios in Delhi are currently in profit, reaffirming the city’s reputation for strategic, steady investment choices.
Delhi’s crypto investors show a clear preference for stability, with nearly 63% of their portfolios allocated to blue-chip and large-cap assets. This includes 26.53% in blue-chip tokens and 36.35% in large-cap assets, suggesting a strong bias toward well-established, lower-volatility investments. Mid-cap tokens also form a significant share at 30.37%, while small-cap exposure remains limited at just 6.75% — reflecting a measured appetite for growth without embracing excessive risk.
In terms of token categories, Layer-1 tokens lead the charts in Delhi, capturing 35.05% of investor interest. Meme coins follow at 19.81%, with DeFi tokens at 14.73%. This distribution points to a portfolio strategy that blends reliable infrastructure coins with selective exposure to high-risk, high-reward assets, underscoring Delhi’s position as a smart and steady leader in India’s crypto journey.
Key National Trends: India’s Crypto Portfolio at a Glance
Demographics Driving Adoption:
• Age Groups: Investors under 35 age group dominate crypto adoption, making up nearly 71.7% of the total user base. The 26–35 age group leads with 44.4%, followed by the 18–25 segment at 27.3%.
• Female Investors: Women account for 12.02% of the investor base, underscoring an opportunity to enhance inclusivity in the sector.

Investor Preferences:
• Bitcoin (BTC) retained its position as the most preferred crypto asset, capturing a 6.5% share of investor interest, followed closely by Dogecoin (6.49%) and Ethereum (5.2%). These three also led investor preferences in Q1 (JFM).
• Meme coins made up 13.2% of total crypto investments, with Dogecoin leading the pack, followed by Shiba Inu (4.7%) and PEPE (2%).
• Bitcoin (BTC) was also the most traded asset at 7.2%, followed by Ripple (XRP) and Ethereum (ETH), each contributing 4.2% to the trading volume. In Q1, XRP, BTC, and DOGE collectively accounted for 28.1% of total trading activity.

Market Cap and Token Trends
• Investor Focus: Indian investors continue to prefer blue-chip and large-cap tokens for their stability.
• Layer-1 Dominance: Layer-1 tokens led with 35.52% of investor interest, while Meme coins at 19.50%.
• Diverse Interests: DeFi and gaming tokens also saw significant traction, reflecting evolving investor behaviours.

Trading Patterns
• Busiest Months: May emerged as the standout month for crypto enthusiasts, taking the spotlight in Q2 2025. May 9 and May 12 were peak trading days on CoinSwitch, driven by major global trade deals.
• Tariff reductions between the U.S., UK, and China boosted market sentiment and spurred increased BTC activity.