Uttar Pradesh remains India’s largest crypto market in Q2 2026: Report
Crypto adoption expanded across India in Q2 2026, led by Uttar Pradesh, Maharashtra and Karnataka. Regional investment patterns varied, with Andhra Pradesh recording the highest female participation and distinctive cryptocurrency preferences, highlighting the diverse and growing nature of India’s crypto investor base.
In Q2 2026, Uttar Pradesh emerged as India's leading crypto market, capturing 12.9% of total investments, according to a report by CoinSwitch. Maharashtra and Karnataka followed, with shares of 12.39% and 8.1% respectively. Delhi accounted for 7.38%, while Haryana contributed 5.89%. Rajasthan topped the list with the highest male participation at 83.6%, while Andhra Pradesh recorded the highest female participation, with women accounting for 59.3% of the total investment.
Notably, Andhra Pradesh was the sole state where women's investment surpassed men's. Dogecoin was the most preferred cryptocurrency in the state, indicating diverse local preferences even within widely recognized digital assets. Tamil Nadu and Bihar contributed 4.95% and 4.29% to the total investments, respectively. The remaining states accounted for approximately 28.03% of the total investments in Q2 2026.
Written by urgent.news from The Economic Times - Top News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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