India’s cryptocurrency market, valued at $2.6 billion in 2024, is poised for rapid expansion, with forecasts projecting growth to $15 billion by 2035, according to recent industry reports. This soaring market reflects India’s enthusiastic adoption of digital assets and its emergence as one of the world’s largest crypto hubs.
The 2025 Global Crypto Adoption Index
Image Source: Chainalysis
Factors Driving Growth
Several key factors contribute to this optimistic outlook. India boasts a vast user base of over 100 million crypto traders and investors as of 2025, with significant activity not only in major metros like Delhi, Mumbai, and Bengaluru but also in emerging cities such as Jaipur and Lucknow. The millennial and Gen Z populations lead the charge, viewing cryptocurrencies as viable alternative investment avenues.
Innovation hubs in South India, including Bengaluru, Hyderabad, and Chennai, are fostering robust blockchain development, which is further fueling crypto adoption and market dynamism. This ecosystem, combined with growing digital literacy and expanding trading infrastructure, is creating fertile ground for sustained market growth.
Expert Perspectives
Industry experts emphasize that increasing regulatory clarity and government-backed initiatives are enhancing investor confidence. Prominent voices in the space point to the importance of a balanced regulatory framework that supports innovation while safeguarding users. This balanced approach is critical for long-term market stability and investor protection.
Platforms like ZebPay play a pivotal role by offering secure, user-friendly trading options such as Quick Trade, Cryptopacks, and Futures Trading.
Conclusion
India’s cryptocurrency market is on a strong growth trajectory, driven by a tech-savvy population, expanding investor base, and evolving ecosystem supported by both startups and established exchanges like ZebPay. With projections signaling a sixfold increase by 2035, India is set to remain a key player in the global digital asset landscape.
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FAQs
1. What is the current size of India’s crypto market?
India’s crypto market was valued at $2.6 billion in 2024.
2. How many crypto users are there in India?
There are approximately 119 million crypto traders and investors in India as of 2025.
3. Which Indian cities are leading in crypto adoption?
Metropolitan cities such as Delhi, Mumbai, and Bengaluru lead, alongside growing adoption in Jaipur, Lucknow, and other smaller cities.
4. Who are the primary adopters of crypto in India?
Millennials and Gen Z constitute the majority of crypto investors, driving widespread adoption.
5. How is ZebPay contributing to the Indian crypto market?
ZebPay provides diverse trading options and educational initiatives, making crypto investment accessible and secure for Indian users.
