Categories: Ranks & Reports

India ranked 21st in Chainalysis 2021 Cryptocurrency Gains by Country

According to the data released by crypto analytics firm Chainalysis, investors around the world realized total Crypto gains of $162.7 billion in 2021, compared to $32.5 billion in 2020. This is 2nd consecutive data by Chainalysis. Ethereum is the most noteworthy gainer among the crypto assets. The report highlights that Ethereum edged out Bitcoin in total realized gains globally at $76.3 billion to $74.7 billion.

Cryptocurrencies in India

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However, India ranked lowly at 21st with realized gains of around $1.85 billion while it is topped by the United States with an estimated realized Crypto gain of $49.95 billion.
The US is followed by the United Kingdom at 2nd with estimated realized Crypto gains of $8.16 billion, Germany ($5.82 billion), Japan ($5.51 billion), and China ($5.06 billion).

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Sumit Arora

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.