Cryptocurrency: Africa south of Sahara demonstrates a record growth by 52% according to Chainalysis

Is Africa the future Eldorado cryptocurrency? As cryptocurrencies continue to grow around the world, the African continent is issued fertile ground for this digital revolution . According to the recent Chainalysis report, Africa south of Sahara is the third growing region in terms of cryptocurrency. It even recorded an impressive 52% increase in the value received on the network between July 2024 and June 2025. We sum up with A specialist in this type of data.

The key points of this article:

• The African continent observed a striking increase in the value received on the network by 52% from July 2024 to June 2025, which indicates a surge in the use of cryptocurrency.
• Nigeria became the driving force behind this implementation, receiving $ 92.1 billion, while the steiblcoins became a decisive alternative in inflation and difficulties with access to foreign currency.

Africa south of Sahara, leader in institutional introduction of cryptocurrencies In accordance with Chainalysis institutional introduction of cryptocurrency in Africa countries south of Sahara It has increased significantly, partly due to the streams of steiblcoins, which are multimillion -dollar transactions between Africa, the Middle East and Asia. Nigeria In particular, it became the driving force behind this implementation, having received $ 92.1 billion in 12 months. This trend is fueled by constant inflation and problems with access to a foreign currency that makes steiblcoins Particularly attractive.

In addition, the advanced regulatory base South Africa contributed to the formation strong institutional market . These players are currently moving from crypto assets research to storage and offering other products that reflects growing maturity cryptocurrency in the region.

Data shows an increase in subregion in recent months – a source: Chainalysis

Introduction in retail trade based on real use Except institutional implementation Africa countries south of Sahara are also marked by increased use of cryptocurrency in retail trade . More than 8% of all cryptocurrency transfers in the region are performed by less than $ 10,000 compared to 6% in the rest of the world. Such is the introduction in retail trade caused mainly by real cases of use such as protection against Devaluation of local currencies and security access to financial services for non -banking persons.

In conditions where inflation remains high and access to US dollar limited, steiblcoins have become a valuable alternative for Africans. According to Chainalysis, accepting these cryptocurrency in the region is directly related to devaluation of local currencies explains why they make up 43% of all cryptocurrency volumes.

With the increase in the value of blockchain, 52%, Africa south of the Sahara become leaders in the introduction of cryptocurrencies, both at the institutional and individual level. As the continent continues to face serious economic challenges, cryptocurrency offers specific solutions to protect wealth and facilitate cross -border transactions. According to Eli Ben-Sasson, the co-founder and CEO of Starkware, Africa is the “key to the mass introduction of cryptocurrencies.” And judging from the numbers, It seems right.

Source: Journalducoin.com