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The post Gen Z Overtakes Millennials as India’s Top Crypto Investors appeared com. Gen Z investors now form 37. 6% of India’s crypto user base, surpassing Millennials. Bitcoin, Dogecoin, and Ethereum dominate holdings, while Ethereum leads in trading. Tier-2 cities such as Jaipur and Patna are seeing rapid adoption and portfolio growth. Gen Z is now India’s largest group of cryptocurrency investors, according to CoinSwitch’s “India’s Crypto Portfolio Q3 2025” report. Gen Z Leads Adoption In CoinSwitch Q3 2025 Report The study, based on 25 million users, shows investors aged 18 to 25 now make up 37. 6% of the user base. This figure slightly surpasses Millennials, who account for 37. 3%. The data points to a clear generational shift and highlights the market’s continued evolution, with younger investors treating crypto as a legitimate long-term investment. Related: India and the U. S. Lead Global Crypto Adoption in 2025 as Stablecoin Volume Hit $4 Trillion Where Is Crypto Adoption Growing in India? While metro cities remain strongholds of crypto activity, the report shows an accelerating trend in Tier-2 adoption. Delhi leads with 19. 3% of users, followed by Bengaluru at 8. 9% and Mumbai at 7%. However, cities such as Jaipur, Lucknow, and Patna are gaining traction, suggesting that crypto’s reach extends beyond major urban centers. Investment preferences also vary by region. Mumbai leads in blue-chip investments, Hyderabad in large-cap assets, Patna in mid-cap portfolios, and Jaipur in small-cap exposure. Kolkata investors recorded the highest profitability, with 77% of portfolios in profit, or “in the green.” Bitcoin and Dogecoin Remain Investor Favorites The report shows Bitcoin remains India’s most held cryptocurrency, accounting for 7. 2% of total holdings. Dogecoin follows closely, with a 6. 1% share, showing its continued popularity among younger traders. Ethereum ranks third at 4. 9%. Trading patterns differ slightly. Ethereum was the most traded token during the quarter, representing 8. 9% of all transactions. XRP and Bitcoin followed, each capturing.