The crypto interest index, created by Coinformant, combines annual data on crypto enthusiasm around the world.
The education firm Coinformant collated data from around the world to determine which country had the most interest in cryptocurrency. According to their annual reports, Indonesia is the most pro-crypto country, followed by Chile and Argentina.
The volume of Google searches, the number of crypto articles published, general involvement, and the number of people holding crypto assets were all considered when evaluating countries. Then, on a scale of one to ten, each country was assigned a score.
Because of a 1772 percent increase in total involvement, Indonesia takes the lead with an overall score of 5.73. With a score of 5.26, Chile is in second place, with an annual search increase of 707.1 percent. Argentina, with a score of 4.79, is in the third position.
Bulgaria and Finland round out the top five countries, with Finland claiming the lead in the category of an annual increase in the number of articles (725.7 percent ).
With over 100 million crypto owners, India (ranked seventh) has the biggest number of holders. The country with the highest percentage of people holding crypto assets is Ukraine (ranked 17th), with 12.73 percent.