Bitcoin
Nearly 25% of Internet Users in Asia Own Crypto, Report Reveals
A groundbreaking report released in late 2025 has spotlighted the explosive growth of cryptocurrency adoption across the Asia-Pacific (APAC) region, estimating that nearly a quarter of adults with internet access—potentially close to 25%—may already own digital assets. The findings, detailed in the “APAC Digital Asset Adoption 2025” report jointly produced by CoinDesk and Protocol Theory, are based on a comprehensive survey of approximately 4,000 respondents aged 18–64 across 10 key markets: India, Thailand, the Philippines, South Korea, Hong Kong, Singapore, China, Australia, Japan, and the United Arab Emirates (included for comparison).
This remarkable figure underscores Asia’s emergence as a global leader in grassroots crypto participation, far outpacing many developed regions where adoption remains more institutionally driven. The report attributes the surge primarily to strong consumer demand in emerging and middle-income markets, where cryptocurrencies serve as practical alternatives to traditional financial systems plagued by limited access, high fees, or economic instability. Remittances, cross-border payments, hedging against inflation, and everyday utility continue to fuel organic growth, shifting the narrative from speculation to real-world integration.
Despite this momentum, the study highlights persistent barriers. Ease of use, accessibility, and integration with daily financial tools remain significant hurdles. While half of surveyed adults aware of crypto expressed intent to engage with it in the coming year, actual year-over-year adoption growth has been more modest. Many respondents noted that traditional digital banking services often feel simpler and more seamless than managing wallets, exchanges, or token transfers. Regulatory fragmentation across APAC—ranging from supportive frameworks in Singapore and Hong Kong to cautious or restrictive approaches elsewhere—also plays a role in shaping adoption patterns.
Leading the charge in sheer numbers are populous markets like India and China, which together account for tens of millions of crypto holders despite varying degrees of regulatory oversight. India continues to top global grassroots adoption rankings in reports from Chainalysis and others, driven by a massive young, tech-savvy population and widespread use of mobile platforms for DeFi, remittances, and trading. Vietnam, Indonesia, the Philippines, and Pakistan also feature prominently in on-chain activity metrics, reflecting Southeast and South Asia’s rapid rise as crypto hotspots.
The report’s timing aligns with broader 2025–2026 trends showing APAC as the fastest-growing region for on-chain value received, with Chainalysis documenting a 69% year-over-year increase through mid-2025. Stablecoins, particularly USDT and USDC, dominate transaction volumes, enabling low-cost, instant transfers that traditional rails struggle to match. As usability improves—through better wallets, fiat on-ramps, and embedded finance—the potential for even higher penetration appears substantial.
Experts view these developments as a signal that Asia could profoundly influence global crypto trends in 2026 and beyond. With hundreds of millions of internet users still untapped and growing regulatory clarity in key jurisdictions, the region is well-positioned to drive mainstream integration of digital assets. Continued focus on user-friendly solutions, inclusive education, and balanced policy will be critical to sustaining this trajectory and realizing Asia’s full potential as a crypto powerhouse.
Disclaimer
The content on CoinReporter.io is for informational purposes only and is not financial or investment advice. Cryptocurrency investments are highly volatile and risky. Always conduct your own research and consult a qualified financial advisor before making investment decisions. CoinReporter.io and its authors are not liable for any losses resulting from actions based on this website’s content.
The content on CoinReporter.io is for informational purposes only and is not financial or investment advice. Cryptocurrency investments are highly volatile and risky. Always conduct your own research and consult a qualified financial advisor before making any investment decisions. CoinReporter.io and its authors are not liable for any losses resulting from actions based on this website’s content.
Bitcoin
Terra LUNA Classic

Terra Classic Achieves Major Milestone with Successful Cosmos SDK 0.53 Upgrade – Full Recovery and Modern Integration After Four Years
The Terra Classic community is celebrating a significant victory. On April 17–18, 2026, the network successfully completed its long-awaited upgrade to Cosmos SDK 0.53, marking one of the most important technical achievements in the project’s history.
Validators across the globe confirmed the smooth activation of terrad v4.0.0 and the dedicated v14_1 upgrade handler. The upgrade has now brought Terra Classic fully in line with the latest standards of the broader Cosmos ecosystem.
In a heartfelt message shared on X, prominent community voice Mr. Diamondhandz1 (@MrDiamondhandz1) congratulated all validators:
“Good morning $LUNC community and congratulations to all the validators on the successful SDK 53 upgrade yesterday. Next up the market module 2.0. Keep building for Terra Luna Classic! “LUNC”
The post captured the optimistic mood perfectly — relief, pride, and excitement for what lies ahead.
A Long Journey of Resilience
It has been nearly four years since the dramatic events of May 2022 that shook the original Terra ecosystem. Many outside observers had written off LUNC and USTC as relics of the past. Yet the dedicated community refused to let the chain fade away.
Through persistent burns, governance proposals, validator commitment, and steady development work, Terra Classic has not only survived — it is now actively modernizing and reintegrating with the wider Cosmos family of blockchains. The successful SDK 0.53 upgrade is powerful proof that the recovery is real and accelerating.
This update delivers:
- Improved performance and network efficiency
- Enhanced security and stability
- Better compatibility with modern Cosmos tools and infrastructure
- A stronger foundation for future features and developer activity
In simple terms, Terra Classic just gave its blockchain a major “software refresh” that brings it up to current industry standards. The chain is now more robust, future-proof, and attractive to builders who want to create new applications on LUNC and USTC.
Community and Validator Strength on Full Display
The upgrade process showcased the maturity the community has built over the past four years. Validators coordinated flawlessly, with many reporting stable block production shortly after the planned chain halt. Multiple teams, including BiNodes, publicly confirmed they are now running on the new version and have even released updated developer tools (such as a new Python SDK) to make building on Terra Classic easier than ever.
Community sentiment across X has been overwhelmingly positive. Posts describe the moment as “the rebirth has officially begun,” “exciting times ahead,” and “a true era of independence.” Developers and data analysts are now being actively invited back to the chain, with new tools like open APIs making on-chain data more accessible.
Looking Forward: Momentum Is Building
The successful SDK 0.53 upgrade is not the finish line — it is the starting point for the next phase of growth. The community has already set its sights on Market Module 2.0, the next major improvement on the roadmap.
With the technical foundation now modernized and fully aligned with the Cosmos ecosystem, Terra Classic is better positioned than ever to:
- Attract new developers and dApps
- Improve utility for LUNC and USTC holders
- Explore meaningful partnerships and integrations
- Continue the important work of burns and ecosystem rebuilding
After four long years of resilience, the LUNC community has shown what dedication and patience can achieve. The chain is no longer just surviving — it is evolving, modernizing, and preparing for a stronger future.
A New Chapter for Terra Classic
This upgrade is more than a technical success. It is a powerful symbol of recovery and renewal. The Terra Classic that exists today is more stable, more secure, and more connected to the broader blockchain world than it has been in years.
The community’s unwavering belief has turned a challenging chapter into one of the most inspiring comeback stories in crypto. As one validator put it recently: “Many have left, but the stupid tax has remained… It really is time to address the TAX Elephant and bring back some on-chain volume.”
With the SDK 0.53 upgrade complete and the next steps already in motion, the future for LUNC and USTC looks brighter than it has in a very long time.
Keep building, keep holding, and stay positive — Terra Classic is back on track and moving forward with real momentum.
The best days for LUNC are still ahead.
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