A brand new survey has revealed that regardless that cryptocurrency consciousness in Singapore continues to rise, the variety of precise crypto holders has comparatively declined.
Crypto Developments in Singapore: 94% Know A minimum of One Cryptocurrency
In line with the 2025 Singapore Crypto Market Survey launched by licensed alternate Impartial Reserve, 94% of Singaporeans are actually acquainted with not less than one cryptocurrency. Nevertheless, precise possession has fallen from 40% in 2024 to 29% this yr.
The survey, performed in February with 1,500 members, marks the fifth consecutive yr that Impartial Reserve has assessed tendencies in crypto consciousness, adoption, and investor sentiment within the city-state. The report highlights a transparent generational pattern i.e., millennials and Gen X traders (aged 25–54) make up 71% of present holders, up from 61% final yr. Notably, this age group additionally accounts for 76% of these buying and selling weekly.
Even with the drop in possession, over half of present crypto holders (53%) plan to extend their holdings within the coming 12 months. On the subject of non-investors, 17% of the folks expressed curiosity in getting into the market. Bitcoin continues to dominate investor belief, with 68% of holders proudly owning it, and 86% relating to it as a viable forex, retailer of worth, or long-term funding. Moreover, 77% imagine Bitcoin’s worth will surpass $100,000 by 2030.
President of Impartial Reserve Singapore, Lasanka Perera, reaffirmed Bitcoin’s position as the muse of the digital asset ecosystem. “Its decentralization, shortage, and transparency make it a long-term favourite amongst traders,” he famous. Perera additionally noticed that traders present a transparent choice for direct possession of crypto property, relatively than utilizing monetary intermediaries similar to ETFs, a way nonetheless utilized by solely 39% of respondents.
Funding methods are additionally evolving. A rising variety of traders (67%) reported taking income by arbitrage over the previous yr. 46% of crypto traders maintain stablecoins, predominately USD-pegged ones.
Memecoins have additionally more and more turned widespread, with 28% of traders holding not less than one, and Dogecoin stays the most well-liked memecoin amongst Singaporeans.
The survey additionally make clear the continuing regulatory setting. Whereas the Financial Authority of Singapore (MAS) has launched a stablecoin framework and raised licensing norms for crypto service suppliers, 58% of respondents nonetheless need clearer regulatory steerage. Moreover, 47% imagine market members must act extra responsibly to enhance the trade’s credibility.
On the subject of adoption in different international locations, cryptocurrency has more and more grow to be a mainstream retirement various for a lot of People, with 48% of People including crypto of their retirement financial savings.
Additionally Learn: Cryptocurrency Buying and selling for Learners: An Important Information
