Indonesia's cryptocurrency market has demonstrated significant resilience and growth over the past six months. As of September 2024, the total transaction volume reached IDR 426.69 trillion, a substantial 351.97% increase compared to the same period in the previous year.

Despite global market fluctuations, the domestic crypto market has continued to attract a growing number of investors, with the investor base expanding to 21.27 million by September 2024. This upward trend underscores the increasing acceptance of cryptocurrencies as a mainstream investment option in Indonesia.

The most popular cryptocurrencies among Indonesian investors include Tether (USDT), Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), and Pepe (PEPE). The diverse range of preferred assets indicates a broadening interest in various crypto projects beyond the traditional market leaders.