PANews, citing a Chainalysis report, stated that South Africa leads the Sub-Saharan African crypto market, with the regional market reaching 101000000000 USD. South Africa’s market is more geared toward commercial payments, while Nigeria is characterized by P2P trading and small Bitcoin transfers.
The Chainalysis report shows that from 2025 to July the size of Sub-Saharan Africa’s crypto market reached 2026, with an annualized growth rate of June. South Africa and Nigeria together account for more than three-quarters of the region’s transaction volume. 101000000000 USD, with an annualized growth rate of 13.4%South Africa and Nigeria together account for more than three-quarters of the region's transaction volume.