Study: Bitcoin Dominates Crypto Purchases in Nigeria, South Africa
September 16, 2025
Sub-Saharan Africa saw a major spike in crypto activity in March, reaching $25 billion in monthly on-chain volume—driven largely by Nigeria’s centralized exchange usage.
Nigeria Fuels Sub-Saharan Africa’s Crypto Growth
In March, Sub-Saharan Africa (SSA) saw a sharp surge in cryptocurrency usage, with monthly on-chain volume reaching nearly $25 billion, its highest since the beginning of the…