Sumit Gupta: Indore outpaces Mumbai in crypto adoption

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Yaroslav Dmytrenko

06.11.2025

Sumit Gupta: Indore outpaces Mumbai in crypto adoption — @smtgpt: Indore leads crypto adoption

Crypto adoption in India is expanding beyond major metropolitan areas, according to Sumit Gupta. Nearly 40 percent of new users on CoinDCX are coming from tier-2 and tier-3 cities.

Gupta highlighted that cities like Indore are leading in this trend, with around 10 percent of its population engaging in cryptocurrency activities, surpassing even Mumbai in adoption rates.

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Such momentum in cities like Indore reflects the broader strategy that saw CoinDCX expand its presence with a new Indore office, cementing its commitment to regional growth. These developments also underscore how the industry’s milestones, such as the 15th anniversary of the Bitcoin whitepaper, continue to shape adoption patterns and drive engagement across diverse Indian markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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