UAE's crypto asset activity grows 32% year-on-year to $104.8 billion, ranking second in MENA

Odaily reports: According to Chainalysis's MENA crypto adoption report, from July 2025 to June 2026, the UAE's crypto asset activity grew 32% year-on-year to $104.8 billion, ranking second in the region, behind only Turkey's $144.5 billion. This figure measures the value of assets flowing into crypto service providers and peer-to-peer channels, not the market value of asset holdings.

During the same period, the MENA region's overall volume declined 1.4% to $443.3 billion; excluding the UAE, the decline across other markets was 8.6%. Inflows to UAE centralized exchanges grew 22% to $55 billion, while inflows to institutional platforms such as custodians and market makers grew 75% to $11.7 billion.