Indonesia Crypto Market Surges 200% Year-on-Year, Can It Fuel an Altcoin Bull Run?

Description

Indonesia is setting benchmarks as a global leader in Web3 adoption. Currently ranked third in the Chainalysis Global Crypto Adoption Index, the nation recorded an impressive crypto inflow of $157B between 2023 and 2024. Thanks to its progressive policies and tech-savvy youth, Indonesia has emerged as a fertile ground for Web3 innovations. Interestingly, transactions on decentralized exchanges account for 43.6% of crypto transfers in Indonesia, which significantly exceeds the global average of 2...