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Cryptocurrency industry
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- 1Singapore crypto activity up 55.4%, Chainalysis says●BREAKING NEWS: Chainalysis reports Singapore's #Crypto activity rose by a whopping 55.4%, gaining exposure to $BTC , $ET
Chainalysis reports Singapore's cryptocurrency activity rose 55.4%, with exposure concentrated in Bitcoin, Ethereum, Solana and XRP, generating an estimated $284 billion. This reportedly makes Singapore the largest crypto economy in Central and Southeast Asia. Commentary highlights the sharp year-on-year jump and what it says about institutional and retail adoption in the city-state.