CoinDCX Report Reveals Growing Diversity in Indian Crypto Portfolios for 2025

The landscape of cryptocurrency investing in India is evolving, with users beginning to embrace a broader range of digital assets. A recent report by CoinDCX reveals that Indian investors are moving towards a more diversified portfolio strategy for 2025.

Key Takeaways

CoinDCX's latest report shows a shift among Indian crypto investors from primarily Bitcoin to a diversified portfolio approach.
Average investors now hold around five different tokens, compared to two or three in 2022.
Layer-1 assets make up 43.3% of portfolios, with Bitcoin at 26.5% and memecoins at 11.8%.
The average age of traders has risen to 32, with millennials now dominating the platform.
Female participation in crypto trading has doubled, with women investing in a wider array of tokens beyond Bitcoin and Ethereum.

CoinDCX report shows Indian users moving to broader crypto portfolios in 2025

A Shift Towards Diversified Crypto Portfolios

According to the annual report released by CoinDCX, Indian crypto users are beginning to adopt a more balanced approach to investing in digital currencies. There are early signs indicating that investors are moving away from the idea that "crypto means Bitcoin" to embrace a range of cryptocurrencies. Presently, the average user is holding about five tokens, which is a significant increase from the two to three tokens held per investor in 2022.

Notably, the report states that layer-1 assets constitute 43.3% of the total portfolio volumes, while Bitcoin, despite its popularity, holds a sizable share at 26.5%. Memecoins, often subject to market speculation, make up 11.8% of users' portfolio allocations.

In a statement shared with Cointelegraph, CoinDCX co-founder Sumit Gupta remarked that traders in India are becoming increasingly familiar with financial assets, suggesting that cryptocurrency is a “natural next frontier” for many.

Growing Millennial Engagement in Crypto Investing

The report also highlights an interesting demographic trend, revealing that the average age of traders has now climbed to 32, with millennials leading in adoption rates over Gen Z. However, young participants aged 18 to 24 continue to be very active in the market. According to the findings, this younger group tends to focus on emerging trends, including layer-2 solutions and speculative investments such as NFTs and memecoins.

Chart on crypto investor age in the Indian exchange CoinDCX. Source: CoinDCX

Moreover, while male traders still represent the majority of the user base on CoinDCX, the number of female investors has doubled compared to the previous year. Women are increasingly diversifying their investments, moving beyond Bitcoin and Ethereum to include assets like Solana and Sui.

CoinDCX stands as one of the largest cryptocurrency exchanges in India, having been established in 2018. It has attracted investment from notable backers like Coinbase and boasts over 20 million registered users, serving as a significant gateway to cryptocurrency markets in India.

Indian Crypto Adoption: Wide but Lacking Depth

In October, the a16z Crypto firm released a report indicating that on-chain activity is growing rapidly in developing nations. India stands out in several metrics, including mobile wallet usage—a critical indicator of cryptocurrency adoption.

Crypto adoption in developing countries. Source: a16z Crypto

However, the same data suggests that India experiences relatively low levels of token-related web traffic, another vital measure of crypto adoption. Gupta interprets this discrepancy as a sign that while India’s adoption is broad, it might lack depth. He expressed on LinkedIn, “While India’s adoption is wide, it may currently lack depth. [...] We are still very early. There’s plenty of room for education, innovation, and growth.”