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CoinDCX Report Shows India’s Crypto Market Diversifying and Spreading Beyond Metros

Portfolios are shifting toward fundamentals-focused bets, reflecting growing institutional participation.

Overview

  • Layer-1 tokens account for 43.3% of portfolio volumes, compared with 26.5% for Bitcoin and 11.8% for memecoins, per CoinDCX’s 2025 report.
  • The average user now holds about five tokens versus two to three in 2022, signaling broader, theme-based allocation.
  • Tier-2 and Tier-3 cities make up roughly 40% of users, with Lucknow logging strong Ethereum and SUI activity and Pune posting the sharpest overall growth.
  • Female participation doubled year over year, led by Kolkata among metros, while the average investor age rose to 32.
  • CoinDCX cites 55% of global hedge funds holding crypto and reports India exceeding 51,000 crore rupees in trading volume this fiscal year.