Sub-Saharan Africa Sees $25 Billion Crypto Surge in March
- In March, Sub-Saharan Africa’s cryptocurrency activity reached nearly $25 billion in monthly on-chain volume.
- This surge marks the highest volume since the beginning of the year.
- Nigeria significantly contributed to this increase through centralized exchange usage.
Sub-Saharan Africa experienced a notable rise in crypto activity, driven largely by Nigeria’s engagement with centralized exchanges. This resulted in a substantial on-chain volume of nearly $25 billion for March.
The data highlights Nigeria’s pivotal role in boosting cryptocurrency transactions within the region, contributing to its highest recorded monthly volume this year. (Source)
