Based on data from Blockchain.com, Peru, India, Indonesia and Nigeria are among the countries with the biggest increase in crypto wallet creation.
Nigeria has been the most trending country in recent months, with a 60% increase since April.
Despite the uncertain regulatory climate, India ranks second in a global survey of rise in crypto usage for July vs June.
Blockchain.com revealed the most trending countries based on its web wallet creation.
“In July we saw a number of countries increase their fraction of total Blockchain wallet transactions, most notably Peru, India, and Indonesia,” the company described. Other countries that made the top 10 list of increased transactions are Côte d’Ivoire, Nigeria, Japan, the Philippines, Venezuela, Bangladesh, and Bulgaria.