Ranking (1 = highest, 151 = lowest); Weighted by purchasing power parity (PPP) per capita
Supplementary notes
All figures have been collected by ÀÖ²¥´«Ã½app×îа汾.
The source explains that its index is calculated using five different sub-indices, which are estimated using an individual country's cryptocurrency transaction volume in different situations. These estimates are based off web traffic patterns from individual websites that are used for such transactions and/or protocols.
Several changes were made to the source's methodology over the years. In 2022, the main change involved the inclusion of Decentralized Finance (DeFi) transaction volume. Centralized and Decentralized sub-indices both count equally to the overall index. In 2025, the main change involved the removing of the retail DeFi sub-index and adding an institutional activity sub-index.Â
Citation formats
Annual crypto adoption development in Spain 2020-2025, by metric
Spain ranked inside the top ** in a global ranking that investigated crypto adoption based on transaction volume in 2023 and 2024. In 2025, it fell six spots in the ranking, ranking **. This is according to estimates based on web traffic toward individual websites that are used to perform cryptocurrency transactions. Spain's ranking changed notably in 2022 when the source added its findings on decentralized services together with centralized services. Not only did Spain seem to prefer Decentralized Finance (DeFi) applications over-regulated alternatives, but the centralized services also increased substantially. The source does explain why this occurred.
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Chainalysis, & ÀÖ²¥´«Ã½app×îа汾. (September 2, 2025). Crypto Adoption Index ranking of Spain from 2020 to 2025, by metric [Graph]. In ÀÖ²¥´«Ã½app×îа汾. Retrieved August 13, 2026, from /statistics/1362857/cryptocurrency-adoption-index-spain/
Chainalysis, und ÀÖ²¥´«Ã½app×îа汾. "Crypto Adoption Index ranking of Spain from 2020 to 2025, by metric." Chart. September 2, 2025. ÀÖ²¥´«Ã½app×îа汾. Accessed August 13, 2026. /statistics/1362857/cryptocurrency-adoption-index-spain/
Chainalysis, ÀÖ²¥´«Ã½app×îа汾. (2025). Crypto Adoption Index ranking of Spain from 2020 to 2025, by metric. ÀÖ²¥´«Ã½app×îа汾. ÀÖ²¥´«Ã½app×îа汾 Inc.. Accessed: August 13, 2026. /statistics/1362857/cryptocurrency-adoption-index-spain/
Chainalysis, and ÀÖ²¥´«Ã½app×îа汾. "Crypto Adoption Index Ranking of Spain from 2020 to 2025, by Metric." ÀÖ²¥´«Ã½app×îа汾, ÀÖ²¥´«Ã½app×îа汾 Inc., 2 Sep 2025, /statistics/1362857/cryptocurrency-adoption-index-spain/
Chainalysis & ÀÖ²¥´«Ã½app×îа汾, Crypto Adoption Index ranking of Spain from 2020 to 2025, by metric ÀÖ²¥´«Ã½app×îа汾, /statistics/1362857/cryptocurrency-adoption-index-spain/ (last visited August 13, 2026)
Crypto Adoption Index ranking of Spain from 2020 to 2025, by metric [Graph], Chainalysis, & ÀÖ²¥´«Ã½app×îа汾, September 2, 2025. [Online]. Available: /statistics/1362857/cryptocurrency-adoption-index-spain/