India’s Crypto Revolution Takes Root in Tier-2 Cities

Beyond bustling metros, India’s cryptocurrency boom is unfolding in unexpected hotspots. While cities like Mumbai, Bengaluru, and Delhi fueled initial interest, a new wave of growth is emerging from smaller towns across the nation. CoinDCX CEO Sumit Gupta revealed that nearly 40% of their users now hail from tier-2 and tier-3 cities, showcasing a dynamic shift in adoption trends. Indore, for instance, has emerged as one of the most active cryptocurrency hubs in India, boasting an impressive user base of close to 3.4 lakh people, surpassing even Mumbai’s crypto penetration.