Africa’s crypto market is entering a new phase after years of growth driven largely by speculative trading, with exchanges and users increasingly turning to payments and value transfer as transaction volumes surge past $205 billion.
Sub-Saharan Africa recorded more than $205 billion in on-chain cryptocurrency transactions between July 2024 and June 2025, making it the third-fastest-growing crypto region globally after Asia-Pacific and Latin America.
While early adoption was dominated by retail trading and asset speculation, exchanges say
