Ranking (1 = highest, 151 = lowest); Weighted by purchasing power parity (PPP) per capita
Supplementary notes
All figures have been collected by ÌÇÐÄÆÆ½â°æ.
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 Italy 2020-2025, by metric
A country ranking that estimates crypto adoption based on transaction volume put Italy in the * of the world for the first time in 2023. Until then, Italy's crypto adoption was considered to be relatively stable. The figure for 2022, especially, stands out as it broke a declining trend in 2021 and was likely caused by the change of the methodology to now include Decentralized Finance (DeFi) in the index. For example, Italy reached a significantly higher index score in 2022 than in 2021.
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Chainalysis, & ÌÇÐÄÆÆ½â°æ. (September 2, 2025). Crypto Adoption Index ranking of Italy from 2020 to 2025, by metric [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 20, 2026, from /statistics/1340692/cryptocurrency-adoption-index-italy/
Chainalysis, und ÌÇÐÄÆÆ½â°æ. "Crypto Adoption Index ranking of Italy from 2020 to 2025, by metric." Chart. September 2, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 20, 2026. /statistics/1340692/cryptocurrency-adoption-index-italy/
Chainalysis, ÌÇÐÄÆÆ½â°æ. (2025). Crypto Adoption Index ranking of Italy from 2020 to 2025, by metric. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 20, 2026. /statistics/1340692/cryptocurrency-adoption-index-italy/
Chainalysis, and ÌÇÐÄÆÆ½â°æ. "Crypto Adoption Index Ranking of Italy from 2020 to 2025, by Metric." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 2 Sep 2025, /statistics/1340692/cryptocurrency-adoption-index-italy/
Chainalysis & ÌÇÐÄÆÆ½â°æ, Crypto Adoption Index ranking of Italy from 2020 to 2025, by metric ÌÇÐÄÆÆ½â°æ, /statistics/1340692/cryptocurrency-adoption-index-italy/ (last visited July 20, 2026)
Crypto Adoption Index ranking of Italy from 2020 to 2025, by metric [Graph], Chainalysis, & ÌÇÐÄÆÆ½â°æ, September 2, 2025. [Online]. Available: /statistics/1340692/cryptocurrency-adoption-index-italy/