Global crypto adoption is on the rise in 2025, and the United Kingdom is leading the charge, according to new data from crypto exchange Gemini’s Global State of Crypto report released Tuesday.
The UK saw a notable uptick in crypto ownership, climbing from 18% in 2024 to 24% this year. France followed with 21% (up from 18%), while the U.S. saw a modest increase to 21%. Singapore retained its frontrunner status with 28% ownership, up two percentage points from the year before.
One of the key confidence boosters for crypto markets came from politics. Former President Donald Trump’s unveiling of a Strategic Bitcoin Reserve appeared to sway public sentiment, with 23% of U.S. non-crypto holders saying it strengthened their trust in the sector. In the UK and Singapore, similar effects were noted by 21% and 19% of respondents, respectively.
Another striking trend: memecoins are becoming a popular gateway into the crypto world. In the U.S., 31% of investors who hold both memecoins and more established digital assets said their crypto journey began with memecoins. Comparable patterns were seen in Australia (30%) and the UK (28%). Globally, a whopping 94% of memecoin holders also own other cryptocurrencies.
Spot crypto ETFs are also gaining traction among investors. U.S. adoption climbed slightly to 39%, up from 37%. Italy led the way at 47%, followed closely by the UK (41%), Singapore (40%), Australia (38%), and France (32%).
The report’s findings are based on a survey of 7,205 consumers conducted in March and April 2025 across six countries: the U.S., UK, France, Italy, Australia, and Singapore.
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