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Turkey’s $200B crypto boom is built on speculation, not adoption: Chainalysis

October 23, 2025 by DIGIT
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Turkey’s $200B crypto boom is built on speculation, not adoption: Chainalysis

Turkey’s $200 billion crypto market leads the MENA region, but has been fueled more by speculative activity than by sustainable adoption, according to Chainalysis.

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  • ethereumEthereum(ETH)$2,919.97-2.48%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$871.54-2.32%
  • rippleXRP(XRP)$1.90-0.06%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$127.390.23%
  • tronTRON(TRX)$0.2977270.21%
  • staked-etherLido Staked Ether(STETH)$2,918.65-2.41%
  • dogecoinDogecoin(DOGE)$0.123359-0.49%
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  • bitcoinBitcoin(BTC)$88,293.00-1.39%
  • ethereumEthereum(ETH)$2,919.97-2.48%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$871.54-2.32%
  • rippleXRP(XRP)$1.90-0.06%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$127.390.23%
  • tronTRON(TRX)$0.2977270.21%
  • staked-etherLido Staked Ether(STETH)$2,918.65-2.41%
  • dogecoinDogecoin(DOGE)$0.123359-0.49%