I was reading a recent ranking that listed
Singapore and UAE as the most “crypto-obsessed” countries. What stood out to me was not just the hype, but the actual percentage of people who hold crypto:
UAE → ~25.3% of the population
Singapore → ~24.4%
U.S. → ~15%
Turkey → ~14%
Canada → ~13%
When you look at it this way, it’s not about which country has the biggest market in raw numbers, but which one has the highest adoption relative to their population.
To make it clearer, I even made a simple graph for illustration:

Curious to hear your thoughts: is percentage adoption in small countries more significant, or does sheer volume of holders in big countries carry more weight?