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The Philippines is the ninth most bullish country in cryptocurrency last 2025. This is the first time the Philippines has made it into the top 10 list, according to a new market study from CryptoNinjas.
PH Among Top 10 Most Bullish Countries in Crypto

According to 2025 Global Crypto Market Sentiment Study, the Philippines has entered the list because of strong user activity and growing interest in digital finance.
Alongside the country, India, Brazil, Indonesia, Vietnam, Turkey, and Thailand also made it to the top 10, which are considered emerging markets.
Positive Crypto Sentiment
For the researchers, crypto sentiments in emerging markets are positive because cryptocurrencies are used in practical use cases, not just in trading. CryptoNinjas explained that because of access to traditional banking and other finance options in these countries are challenging, crypto use is an option.
“In many of these emerging markets, people use crypto for real needs, not just investment. Well, the most common reasons include sending money across borders, saving against weak local currencies, and using digital payments.”
CryptoNinjas, Author, 2025 Global Crypto Market Sentiment Study
Looking Forward
Using the 2025 study, CryptoNinjas highlighted that the crypto sentiment in 2026 will likely be positive again in emerging markets.
Including the Philippines, these markets have strong interest in blockchain-based assets because of real-world use cases like payments, savings, and digital adoption, according to the researchers. Moreover, the high mobile usage and young populations in these countries helped spread crypto faster.
“This trend indicates that economic maturity and national wealth no longer guarantee strong crypto optimism, particularly in markets where financial systems are already stable and innovation incentives are weaker.
There is a major shift in global crypto adoption, where growth is powered by real user needs and everyday use, not just by established financial markets.”
CryptoNinjas, Author, 2025 Global Crypto Market Sentiment Study
Meanwhile, for countries with mature economies, such as the U.K. and Japan, CryptoNinjas said that while crypto sentiment may not be as bullish as those from emerging markets, these countries will likely support the global crypto system.
“Overall, the data suggests that crypto growth in 2026 will be more balanced across different regions, rather than controlled by only rich Western countries.
Economic maturity and national wealth no longer guarantee strong crypto optimism, particularly in markets where financial systems are already stable and innovation incentives are weaker.”
CryptoNinjas, Author, 2025 Global Crypto Market Sentiment Study
This article is published on BitPinas: PH Among 10 Most Bullish Countries in Crypto
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