Key Takeaways
- Vietnam Leads in Global Crypto Adoption: Vietnam ranks second globally in cryptocurrency ownership, with 21.2% of the population owning crypto, showcasing the country’s rapid digital transformation.
- Thriving Blockchain Ecosystem: Vietnamese developers have created globally recognized blockchain projects like Axie Infinity and Kyber Network, reinforcing the nation’s reputation as an innovation hub.
- Expanding Market Potential: Vietnam’s cryptocurrency market is projected to reach $1 billion in revenue by 2024, with 15.96 million users expected by 2025, signaling strong growth and investor interest.
Vietnam has emerged as a global leader in blockchain and cryptocurrency adoption, becoming a key player in shaping the future of decentralized finance. As digital currencies and blockchain technology continue to gain momentum worldwide, Vietnam stands out for its impressive adoption rates, innovative projects, and significant contributions to the global crypto ecosystem. With its tech-savvy population, a robust developer community, and government interest in exploring blockchain applications, the country is poised for unprecedented growth in the blockchain and crypto sectors.
The rise of Vietnam in the cryptocurrency landscape is not by chance. Over the past few years, the nation has demonstrated a strong appetite for digital innovation, fostering a fertile ground for blockchain technology and cryptocurrency investments. Vietnamese developers have spearheaded globally recognized blockchain projects like Axie Infinity and Kyber Network, while millions of everyday investors have embraced cryptocurrencies as a means of financial empowerment. The result? Vietnam consistently ranks among the top countries for cryptocurrency adoption, attracting attention from investors, policymakers, and blockchain enthusiasts worldwide.
As we approach 2025, understanding the key statistics and trends shaping Vietnam’s blockchain and crypto industry becomes vital for businesses, investors, and tech enthusiasts. From market revenue projections and user penetration rates to demographic insights and innovative projects, these data points offer a clear picture of how Vietnam is evolving in this dynamic space. Notably, with cryptocurrency ownership exceeding 21% of the population and a blockchain market valued in the hundreds of millions, Vietnam is setting benchmarks for other nations to follow.
This blog delves deep into the top 20 statistics and trends defining Vietnam’s blockchain and crypto landscape for 2025. Whether you’re a potential investor, a blockchain developer, or simply curious about the future of cryptocurrencies in Vietnam, these insights provide valuable knowledge to understand the opportunities and challenges in this thriving market. Read on to discover why Vietnam remains at the forefront of blockchain and crypto innovation in Southeast Asia and beyond.
Top Vietnam Blockchain Crypto Statistics & Trends for 2025
- 17% of Vietnam’s population has engaged with cryptocurrencies
- The cryptocurrency market in Vietnam is projected to reach a revenue of US$1 billion in 2024
- The crypto market in Vietnam is projected to grow annually at 4.79% from 2024 to 2025
- Average revenue per user in the crypto market in Vietnam is estimated to be US$64.4 in 2024
- The number of crypto users in Vietnam is expected to reach 15.96 million by 2025
- User penetration rate of crypto in Vietnam is forecasted to be 15.98% in 2024
- Seven of the top 200 global blockchain organizations are Vietnamese startups
- Vietnam blockchain market was valued at USD 350 million
- Vietnam ranked 5th globally in cryptocurrency adoption
- Over US$1.2 trillion has been invested in digital asset exchange-traded funds in Vietnam
- 26 million people in Vietnam own cryptocurrencies
- Vietnamese investors netted $1.18 billion in crypto profits in 2023
- Vietnam ranks 2nd globally in the ratio of the population with cryptocurrency ownership
- 47% of Vietnamese cryptocurrency owners were in the 26-36 age group, and 38% in the 18-25 group
- Vietnamese traders traded $20 billion in cryptocurrencies, the fourth highest in the world in 2023
- 64% of Vietnamese cryptocurrency investors lost money
- Around 36% of Vietnamese crypto investors do not have a detailed investment plan
- 85.3% of Vietnamese crypto investors are male
- Most Vietnamese Crypto investors have an income of VND10-25 million a month
- Nearly 50% of Vietnamese Crypto Investors entered the cryptocurrency market in 2020-2022
1. 17% of Vietnam’s population has engaged with cryptocurrencies
(Binance)
Vietnam has firmly established itself as a global leader in cryptocurrency adoption, with an impressive 17% of the population actively engaging with digital currencies. This statistic highlights the country’s widespread embrace of cryptocurrencies, surpassing many developed economies in crypto penetration. The high adoption rate is driven by several factors, including Vietnam’s tech-savvy and youthful population, strong smartphone and internet penetration, and an increasing interest in decentralized finance (DeFi) and non-fungible tokens (NFTs). Peer-to-peer crypto transactions are particularly popular, reflecting a growing trust in digital assets as alternatives to traditional banking systems. Vietnam’s vibrant blockchain ecosystem, coupled with its growing number of startups and crypto investors, positions the nation as a significant player in the global cryptocurrency market. This robust engagement underscores the transformative role of blockchain technology in Vietnam’s economy and highlights its potential to shape the future of finance in Southeast Asia.
2. The cryptocurrency market in Vietnam is projected to reach a revenue of US$1 billion in 2024
(Statista)
Vietnam’s cryptocurrency market is set to experience remarkable growth, with revenue projected to surpass US$1 billion by 2024. This milestone reflects the nation’s expanding role in the global digital asset landscape, driven by high adoption rates and a burgeoning blockchain ecosystem. The rapid rise in cryptocurrency usage is fueled by a tech-savvy population eager to explore decentralized financial solutions, including peer-to-peer trading, decentralized finance (DeFi), and non-fungible tokens (NFTs). Additionally, Vietnam’s thriving blockchain startups and increasing venture capital investments are further propelling market growth. As digital currencies gain mainstream attention, businesses and investors are tapping into Vietnam’s dynamic market, underscoring its potential as a leading hub for crypto innovation in Southeast Asia. This impressive revenue forecast showcases Vietnam’s critical role in shaping the future of the cryptocurrency industry.
3. The crypto market in Vietnam is projected to grow annually at 4.79% from 2024 to 2025
(Statista)
Vietnam’s cryptocurrency market is projected to achieve an annual growth rate of approximately 4.79% from 2024 to 2025, signaling sustained expansion in the nation’s digital asset ecosystem. This steady growth underscores the increasing mainstream adoption of cryptocurrencies in Vietnam, driven by a tech-savvy population, rising interest in decentralized finance (DeFi), and the growing influence of blockchain-based solutions across various industries. The projection reflects not only user engagement but also the thriving ecosystem of blockchain startups and innovative platforms that cater to both local and global markets. Additionally, as regulatory frameworks become clearer, investor confidence and institutional participation are expected to further fuel market growth. Vietnam’s ability to maintain this upward trajectory highlights its role as a key player in the global cryptocurrency landscape and solidifies its reputation as a hub for blockchain innovation in Southeast Asia.
4. Average revenue per user in the crypto market in Vietnam is estimated to be US$64.4 in 2024
(Statista)
The average revenue per user (ARPU) in Vietnam’s cryptocurrency market is estimated to reach US$64.4 in 2024, highlighting the growing value and engagement of individual participants in the digital asset space. This figure reflects the increasing adoption of cryptocurrencies for various applications, including trading, decentralized finance (DeFi), and non-fungible tokens (NFTs). It also showcases the evolving consumer behavior in Vietnam, where users are investing more in digital assets and leveraging blockchain technology for financial and non-financial purposes. The steady growth in ARPU indicates a maturing market driven by a tech-savvy population and the rise of innovative blockchain platforms. With Vietnam consistently ranking high in global crypto adoption, this statistic underscores the country’s potential to attract more investments and strengthen its position as a leader in the Southeast Asian cryptocurrency landscape.
5. The number of crypto users in Vietnam is expected to reach 15.96 million by 2025
(Statista)
Vietnam’s cryptocurrency market is projected to reach an impressive 15.96 million users by 2025, solidifying its position as a global leader in crypto adoption. This rapid growth reflects the increasing interest among Vietnam’s tech-savvy population in digital currencies, driven by their accessibility, potential for financial growth, and integration into various applications such as peer-to-peer payments, decentralized finance (DeFi), and non-fungible tokens (NFTs). The anticipated user base expansion highlights Vietnam’s growing blockchain ecosystem, supported by innovative startups and increasing venture capital investments. As the market matures, this surge in users is likely to further boost transaction volumes, foster innovation, and attract global attention to Vietnam’s thriving digital asset industry. The statistic underscores the country’s potential to lead blockchain adoption in Southeast Asia and become a pivotal player in shaping the future of cryptocurrencies globally.
6. User penetration rate of crypto in Vietnam is forecasted to be 15.98% in 2024
(Statista)
Vietnam’s cryptocurrency market is experiencing significant user penetration, with the user penetration rate forecasted to reach 15.98% in 2024 and expected to remain relatively stable at 15.95% by 2025. This stable penetration rate reflects a high level of engagement with cryptocurrencies, positioning Vietnam as a key player in the global digital asset landscape. The steady forecast suggests that while the market matures, crypto adoption continues to grow across a diverse demographic, particularly among the younger, tech-savvy population. As digital currencies and blockchain applications gain traction in sectors such as decentralized finance (DeFi), gaming, and e-commerce, Vietnam’s growing penetration rate highlights a broader trend of financial inclusion and innovation. Despite the anticipated slight dip in growth, the country’s strong crypto infrastructure and supportive entrepreneurial ecosystem will likely continue to foster widespread adoption, solidifying Vietnam’s reputation as a leader in Southeast Asia’s digital transformation.
7. Seven of the top 200 global blockchain organizations are Vietnamese startups
(Binance)
Vietnam has firmly established itself as a global blockchain innovation hub, with seven of the top 200 global blockchain organizations founded by Vietnamese entrepreneurs. Notable examples include Axie Infinity, Coin98, and Kyber Network, all of which have made significant impacts on the global crypto landscape. Axie Infinity, for instance, has revolutionized the play-to-earn gaming model, while Coin98 provides a multi-chain DeFi platform, and Kyber Network offers decentralized liquidity solutions. This impressive presence highlights Vietnam’s growing role in the blockchain and cryptocurrency sectors, driven by a robust startup ecosystem and a highly skilled, tech-savvy workforce. The success of these organizations showcases the nation’s ability to foster innovation and entrepreneurship, positioning Vietnam as a key player in shaping the future of blockchain technology worldwide. This statistic not only underscores the country’s prominence in the crypto space but also reflects the potential for further growth and global influence in the coming years.
8. Vietnam blockchain market was valued at USD 350 million
(TechSci Research)
The Vietnam blockchain market was valued at USD 350 million in recent years, underscoring the country’s rapid growth as a leader in blockchain technology and innovation. This substantial market value reflects the increasing adoption of blockchain across various industries, including finance, supply chain management, and decentralized finance (DeFi). The rise of blockchain-based startups, government initiatives, and strategic investments has further propelled the market’s growth. As Vietnam continues to embrace digital transformation, this market value is expected to increase, driven by a strong local demand for blockchain solutions and the global attention the country is receiving for its blockchain advancements. With its youthful, tech-savvy population and growing entrepreneurial ecosystem, Vietnam is well-positioned to capitalize on the vast potential of blockchain, making it a key player in the Southeast Asian digital economy.
9. Vietnam ranked 5th globally in cryptocurrency adoption
(Chainalysis)
Vietnam has achieved a remarkable milestone by ranking 5th globally in cryptocurrency adoption, highlighting the nation’s strong embrace of digital currencies. This high ranking reflects a widespread enthusiasm for cryptocurrencies, driven by a tech-savvy, young population eager to explore new financial technologies. The country’s rapid adoption is fueled by increasing access to decentralized finance (DeFi) platforms, peer-to-peer crypto trading, and blockchain innovations. Additionally, the Vietnamese government’s openness to exploring blockchain for economic growth and digital transformation has played a pivotal role in fostering a supportive environment for crypto activities. With one of the highest cryptocurrency ownership rates in Southeast Asia, Vietnam’s position as a global leader in crypto adoption underscores the nation’s pivotal role in shaping the future of digital finance and blockchain technology in the region.
10. Over US$1.2 trillion has been invested in digital asset exchange-traded funds in Vietnam
(Vietnam News)
Vietnam has emerged as a significant player in the global digital finance landscape, with over US$1.2 trillion invested in digital asset exchange-traded funds (ETFs). This substantial investment highlights the growing confidence in digital assets and blockchain-based financial products within the country. The surge in ETF investments reflects a broader trend of institutional and individual investors recognizing the potential of cryptocurrencies and blockchain technology to drive financial growth. As Vietnam continues to attract both domestic and international capital, this influx of funds into digital asset ETFs demonstrates the nation’s expanding role in the global digital economy. With its strong adoption of blockchain and cryptocurrency, Vietnam is positioning itself as a leading hub for innovation and investment in the digital asset space. This statistic emphasizes Vietnam’s commitment to embracing digital financial solutions and its growing influence in the global market for exchange-traded funds focused on digital assets.
11. 26 million people in Vietnam own cryptocurrencies
(Vietnam News)
Vietnam has secured a prominent position in the global cryptocurrency landscape, ranking third globally in the number of cryptocurrency holders. According to data from the Crypto Crunch App, 26 million people in Vietnam own cryptocurrencies, a figure that surpasses the number of individuals holding stock trading accounts by five times. This statistic highlights the country’s rapid adoption of digital assets, driven by a young, tech-savvy population and growing interest in decentralized finance (DeFi) and blockchain innovations. With cryptocurrencies offering an alternative to traditional financial systems, many Vietnamese citizens have embraced digital assets as a way to diversify their investments and gain access to global financial opportunities. This impressive adoption rate positions Vietnam as a key player in the global crypto ecosystem, emphasizing its significant role in shaping the future of digital finance in Southeast Asia and beyond.
12. Vietnamese investors netted $1.18 billion in crypto profits in 2023
(Vietnam News)
In 2023, Vietnamese investors netted $1.18 billion in cryptocurrency profits, showcasing the country’s growing presence in the global crypto market. This impressive figure highlights Vietnam’s thriving crypto ecosystem, where investors have capitalized on the volatility and growth of digital assets. With a high level of cryptocurrency adoption and a tech-savvy population, Vietnamese traders and investors have become increasingly sophisticated, leveraging market opportunities in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), and blockchain-based projects. The substantial profits earned in 2023 demonstrate not only the financial potential of cryptocurrencies but also the strength of Vietnam’s crypto market, which continues to attract both local and international participants. As the country embraces blockchain technology and digital asset investments, this statistic underscores Vietnam’s role as a leading hub for crypto innovation and investment in Southeast Asia.
13. Vietnam ranks 2nd globally in the ratio of the population with cryptocurrency ownership
(VNExpress)
Vietnam has emerged as a global leader in cryptocurrency ownership, ranking second globally in the ratio of the population with crypto ownership, according to a report by payment platform Triple-A. Approximately 21.2% of the Vietnamese population owns cryptocurrencies, positioning the country just behind the United Arab Emirates (UAE), which leads with 34.4%. This high ownership rate underscores Vietnam’s rapid adoption of digital assets, fueled by a young, tech-savvy population eager to explore the benefits of decentralized finance (DeFi) and blockchain technologies. The U.S. ranks third, followed by other nations like Iran, the Philippines, and Brazil, highlighting Vietnam’s prominent role in the global cryptocurrency ecosystem. As digital currencies continue to gain traction, Vietnam’s significant crypto ownership ratio demonstrates the country’s forward-thinking approach to embracing blockchain innovations, establishing itself as a key player in the Southeast Asian digital economy.
14. 47% of Vietnamese cryptocurrency owners were in the 26-36 age group, and 38% in the 18-25 group
(VNExpress)
Vietnam’s cryptocurrency market is largely driven by a young and dynamic demographic, with 47% of Vietnamese cryptocurrency owners falling within the 26-36 age group, and 38% in the 18-25 group. This statistic highlights the country’s widespread appeal of digital assets among its tech-savvy, entrepreneurial youth, who are increasingly turning to cryptocurrencies as a means of investment, financial inclusion, and participation in decentralized finance (DeFi). With a strong digital infrastructure and a growing interest in blockchain technology, these age groups represent a key segment of Vietnam’s thriving crypto ecosystem. Their high engagement in the market also signals the potential for continued growth, as younger generations continue to drive digital innovation and reshape traditional financial systems. As cryptocurrency adoption expands, Vietnam’s youth will likely play an even more influential role in shaping the future of the global digital economy.
15. Vietnamese traders traded $20 billion in cryptocurrencies, the fourth highest in the world in 2023
(VNExpress)
In May 2023, Vietnamese traders conducted $20 billion in cryptocurrency transactions on the Binance platform, ranking the country fourth globally in trading volume. This remarkable statistic highlights Vietnam’s prominent role in the global crypto market, with a high level of participation from local investors in major trading platforms. The significant trading volume reflects a growing appetite for digital assets, driven by increasing adoption of cryptocurrencies, decentralized finance (DeFi), and blockchain-based innovations. Binance, being one of the world’s largest cryptocurrency exchanges, serves as a key hub for Vietnamese traders seeking liquidity, diversified trading options, and advanced crypto tools. Vietnam’s position as a top crypto-trading nation underscores the country’s expanding influence in the digital economy and its vibrant, rapidly evolving cryptocurrency market.
16. 64% of Vietnamese cryptocurrency investors lost money
(VNExpress)
In Vietnam, 64% of cryptocurrency investors experienced losses, reflecting the volatile and speculative nature of the digital asset market. Despite the growing interest in cryptocurrencies, the high percentage of investors facing financial setbacks highlights the risks associated with trading and investing in digital currencies. The volatility in crypto prices, regulatory uncertainties, and the fast-paced evolution of blockchain technology contribute to the challenges that investors face. However, this statistic also underscores the need for financial education and more informed decision-making in the cryptocurrency space. As Vietnam’s crypto market continues to mature, a greater focus on risk management strategies and investment knowledge will be essential for fostering sustainable growth and minimizing losses.
17. Around 36% of Vietnamese crypto investors do not have a detailed investment plan
(VNExpress)
Approximately 36% of Vietnamese cryptocurrency investors lack a detailed investment plan, highlighting a significant gap in financial strategy within the country’s crypto market. This statistic emphasizes the need for better investor education and planning, as many individuals dive into the volatile world of cryptocurrencies without a clear roadmap or risk management strategy. The absence of structured investment plans can lead to poor decision-making, increased exposure to market fluctuations, and potentially significant financial losses. As Vietnam’s cryptocurrency market continues to grow, fostering a culture of informed and strategic investing will be essential for ensuring sustainable growth and protecting investors from the inherent risks of the digital asset space. Encouraging the development of personalized investment plans could help reduce the impact of market volatility and enhance long-term investment success for Vietnamese crypto enthusiasts.
18. 85.3% of Vietnamese crypto investors are male
(VNExpress)
In Vietnam, 85.3% of cryptocurrency investors are male, indicating a significant gender disparity in the country’s digital asset market. This statistic reflects broader global trends, where men are more likely to engage with and invest in cryptocurrencies compared to women. The dominance of male investors in Vietnam’s crypto space can be attributed to various factors, including societal norms, access to financial resources, and a higher level of confidence in speculative investments like cryptocurrencies. However, this gender gap presents an opportunity for the industry to foster greater inclusivity and encourage more women to participate in the growing blockchain and cryptocurrency ecosystem. As the market matures, initiatives aimed at increasing awareness, providing education, and reducing barriers to entry for women could help create a more balanced and diverse investor base in the future.
19. Most Vietnamese Crypto investors have an income of VND10-25 million a month
(VNExpress)
A significant portion of Vietnamese cryptocurrency investors earn an income between VND 10-25 million per month, highlighting that middle-income individuals are actively participating in the digital asset market. This income range suggests that many investors view cryptocurrency as a promising avenue for financial growth and investment diversification, seeking higher returns than traditional savings or investment options. The growing interest in digital assets among this demographic may be driven by the desire for financial inclusion and the accessibility of cryptocurrency markets, which allow lower-income groups to access global financial systems. With the increasing popularity of cryptocurrencies in Vietnam, it’s clear that digital assets are becoming a key tool for financial empowerment among the nation’s emerging middle class. As the market continues to evolve, this group of investors may play a pivotal role in shaping the future of the country’s crypto landscape.
20. Nearly 50% of Vietnamese Crypto Investors entered the cryptocurrency market in 2020-2022
(VNExpress)
Nearly 50% of Vietnamese cryptocurrency investors entered the market between 2020 and 2022, reflecting a surge in interest during a period of heightened global awareness and digital transformation. This statistic underscores the rapid adoption of cryptocurrencies in Vietnam, coinciding with the global boom in digital asset investments. Factors such as increased accessibility to crypto platforms, greater awareness through social media and online communities, and the global shift toward decentralized finance (DeFi) have likely contributed to this significant influx of new investors. The period between 2020 and 2022 also saw an expansion of blockchain-based innovations and projects, attracting both novice and experienced investors looking to capitalize on new opportunities. As the cryptocurrency market continues to mature in Vietnam, this trend suggests that more individuals are seeing digital assets as a legitimate and valuable part of their investment portfolios.
Conclusion
As we delve into the top 20 Vietnam blockchain crypto statistics and trends for 2025, one thing becomes abundantly clear: Vietnam is firmly establishing itself as a global powerhouse in the cryptocurrency and blockchain ecosystem. With groundbreaking adoption rates, significant trading volumes, and a thriving blockchain development community, the country has become a hub of innovation and opportunity in Southeast Asia.
Vietnam’s position as a leader in cryptocurrency adoption, ranking second globally in the ratio of crypto ownership, demonstrates the growing trust and enthusiasm for digital assets among its tech-savvy population. The fact that 26 million Vietnamese own cryptocurrencies, surpassing stock trading accounts fivefold, highlights a cultural shift towards decentralized finance (DeFi) and blockchain-based solutions. This trend reflects a broader embrace of financial independence and technological empowerment, particularly among younger demographics, with 85% of crypto investors being male and nearly half entering the market between 2020 and 2022.
The statistics also reveal the challenges that come with rapid growth. For instance, the lack of detailed investment planning by 36% of Vietnamese investors and the 64% who reported financial losses underline the need for increased education and resources to support informed decision-making in this volatile market. Despite these hurdles, Vietnam’s investors and developers continue to thrive. The country’s blockchain startups, such as Axie Infinity, Coin98, and Kyber Network, have garnered global acclaim, showcasing Vietnam’s capability to innovate on the world stage.
Economic indicators, like the projected $1 billion cryptocurrency market revenue in 2024 and the $20 billion trading volume on Binance in May 2023, reflect a flourishing digital economy. These figures underscore the massive potential for growth, not only for investors but also for businesses, entrepreneurs, and government initiatives aiming to harness blockchain technology for economic and social progress. The country’s blockchain market, valued at $350 million, is on a trajectory to grow exponentially, driven by strong developer talent, increasing venture capital interest, and government support for blockchain use cases.
Looking ahead, trends point toward greater mainstream acceptance of digital assets, fueled by advancements in blockchain applications across industries such as finance, healthcare, and supply chain. Vietnam’s 15.96 million expected crypto users by 2025 signal a growing digital-savvy population ready to leverage blockchain’s transformative power. However, the road ahead is not without challenges. Market volatility, regulatory uncertainties, and the need for more inclusive participation—such as addressing the 85.3% male-dominated investor base—will require ongoing efforts from all stakeholders.
In conclusion, Vietnam’s blockchain and cryptocurrency landscape in 2025 is a blend of unparalleled opportunity and measured challenges. The country’s vibrant ecosystem of investors, developers, and entrepreneurs is setting a precedent for how emerging markets can lead in the global digital economy. By addressing gaps in education, fostering inclusivity, and developing sound regulatory frameworks, Vietnam is poised to solidify its reputation as a global blockchain leader. For businesses, investors, and enthusiasts, Vietnam offers a dynamic and promising landscape—one that is reshaping the future of blockchain and cryptocurrency, both regionally and globally.
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People Also Ask
What is the current status of cryptocurrency adoption in Vietnam?
Vietnam ranks second globally in cryptocurrency ownership, with 21.2% of the population engaging in crypto investments.
How many people in Vietnam own cryptocurrencies?
Approximately 26 million Vietnamese own cryptocurrencies, surpassing stock trading account holders by five times.
What is the projected cryptocurrency market revenue in Vietnam for 2024?
Vietnam’s cryptocurrency market revenue is expected to reach $1 billion in 2024.
How fast is Vietnam’s cryptocurrency market growing?
The market is projected to grow at an annual rate of 4.79% between 2024 and 2025.
What is the average revenue per user in Vietnam’s cryptocurrency market?
The average revenue per user in the cryptocurrency market in Vietnam is estimated at $64.4 in 2024.
How many cryptocurrency users are expected in Vietnam by 2025?
The number of cryptocurrency users in Vietnam is projected to reach 15.96 million by 2025.
What is Vietnam’s user penetration rate for cryptocurrencies?
The user penetration rate for cryptocurrencies in Vietnam is forecasted to be 15.98% in 2024 and 15.95% in 2025.
What are some notable blockchain projects in Vietnam?
Vietnamese-founded blockchain projects include Axie Infinity, Coin98, and Kyber Network, known globally for their innovation.
What is the current valuation of Vietnam’s blockchain market?
Vietnam’s blockchain market is valued at approximately $350 million.
Where does Vietnam rank globally in cryptocurrency adoption?
Vietnam ranks fifth globally in cryptocurrency adoption according to recent studies.
How much has been invested in digital asset ETFs in Vietnam?
Over $1.2 trillion has been invested in digital asset exchange-traded funds in Vietnam.
What is the demographic profile of crypto owners in Vietnam?
47% of Vietnamese crypto owners are aged 26-36, while 38% are in the 18-25 age group.
What was Vietnam’s cryptocurrency trading volume on Binance in May 2023?
Vietnam traded $20 billion in cryptocurrencies on Binance in May 2023, ranking fourth globally.
What percentage of Vietnamese crypto investors report losses?
64% of Vietnamese cryptocurrency investors have reported financial losses.
How many Vietnamese crypto investors lack a detailed investment plan?
Around 36% of crypto investors in Vietnam do not have a clear investment strategy.
What percentage of cryptocurrency investors in Vietnam are male?
85.3% of cryptocurrency investors in Vietnam are male, indicating a gender gap in the market.
When did most Vietnamese crypto investors enter the market?
Nearly 50% of Vietnamese crypto investors entered the market between 2020 and 2022.
How does Vietnam rank in global cryptocurrency ownership ratios?
Vietnam ranks second globally, with 21.2% of its population owning cryptocurrencies.
What are the challenges faced by Vietnamese crypto investors?
Challenges include market volatility, financial losses, and a lack of clear investment plans among many investors.
What drives cryptocurrency adoption in Vietnam?
Key drivers include financial inclusion, tech-savvy younger generations, and trust in decentralized finance systems.
What industries in Vietnam are leveraging blockchain technology?
Blockchain is being adopted in finance, supply chain management, healthcare, and gaming industries in Vietnam.
How has the blockchain developer community grown in Vietnam?
Vietnam is home to seven of the top 200 global blockchain companies, showcasing its robust developer community.
What are the opportunities for blockchain startups in Vietnam?
With increasing market revenue and global recognition, Vietnam offers opportunities for startups in DeFi, gaming, and enterprise solutions.
How is the Vietnamese government supporting blockchain development?
The Vietnamese government is exploring regulatory frameworks and promoting blockchain applications in various sectors.
What role does Vietnam play in the global cryptocurrency landscape?
Vietnam is a leader in adoption, innovation, and trading volume, making it a key player in the global crypto ecosystem.
What are the projections for Vietnam’s blockchain market growth?
The blockchain market in Vietnam is expected to expand significantly, driven by innovation and increasing global interest.
How is blockchain technology impacting Vietnam’s economy?
Blockchain technology is fostering economic innovation, creating new opportunities in digital finance, and attracting foreign investment.
What sets Vietnam apart in the global crypto market?
Vietnam’s high adoption rates, innovative blockchain projects, and active trading volumes position it as a leader in the global market.
What is the future of cryptocurrencies in Vietnam?
Cryptocurrencies in Vietnam are set to grow in adoption and innovation, with expanding user bases and increasing market revenue.
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