Crypto awareness in Singapore has soared to an all-time high of 94%, according to Independent Reserve’s 2025 Crypto Market Survey. Despite this surge in familiarity, actual ownership has fallen to 29%—down from 40% in 2024. The study, based on responses from 1,500 Singaporeans, reveals a shifting yet resilient investor landscape.

Men continue to outpace women in crypto adoption, with 35% of men investing compared to 24% of women. Millennials and Gen Xers (ages 25 to 54) remain the core demographic, making up 71% of all holders and 76% of weekly traders. Yet, the crypto spirit is undeterred—53% of existing holders plan to expand their portfolios within the next year, while 17% of non-investors are looking to jump in.

Bitcoin reigns supreme as the most trusted asset, with 68% of investors holding it and 86% seeing it as a viable store of value, currency, or investment. A bold 77% believe Bitcoin will surpass $100,000 by 2030. Most investors (61%) prefer direct ownership over ETFs, showing a strong preference for hands-on engagement.

Meanwhile, 46% of respondents hold stablecoins, primarily USD-pegged, for trading and DeFi purposes. Arbitrage trading is becoming popular, with 67% cashing out to exploit price movements. Even memecoins like Dogecoin continue to attract attention, with 28% of respondents holding at least one.

Singapore’s influence extends beyond investor behavior. It leads the globe in blockchain patents (1,600), crypto-related jobs (2,433), and active exchanges (81), outpacing Hong Kong. Regulatory efforts are ramping up too, with 13 major crypto exchange licenses issued in 2024—double the previous year—cementing Singapore’s role as a top-tier crypto hub.