A growing number of Singaporese left the cryptomarket in 2024, with the ownership of 11% and 50% of the holders who sell their assets.
Many crypto investors in Singapore lock profits and bring their portfolios again instead of jumping into the recent Marktrally, according to the 2025 Independent Reserve Cryptocurrency Index.
The questionnaire Discovered that 49% of Singaporean Crypto investors had sold part or all their participations in the past year, and 67% had made a profit. Lasanka Perera, CEO of Independent Reserve Singapore, said that the data from this year’s IRCI did not state a retreat of crypto “but a re -libration”.
The crypto ownership fell to 29% of 40% in 2024, despite the rising consciousness and prices. Nevertheless, Bitcoin (BTC) and Ethereum (ETH) remain the most held assets, respectively at 68% and 48%. Investors seem more selective, with 65% with only two to five cryptocurrencies.
“Singaporese now have a more thoughtful, disciplined approach to invest in crypto. They have made smart plays and know that they are in the right activa class.
Lasanka Perera
One in five Singaporese invests in Crypto, compared to almost half in shares or fixed deposits, the data shows. The shift comes in the midst of global uncertainty and an increasing preference for safer options. Many put more money on savings, by 49% who favor money or fixed deposits, an increase of 42% last year.
Trust among existing crypto holders still remains strong. More than half – about 53% – said they will probably buy more within the next 12 months. At the same time, public consciousness reached 94%, although trust still depends on stronger rules and business behavior, according to the survey.
At the beginning of April, a study discovered by crypto payment company Triple-A that more than half of the holders of Singapore use digital assets for payments. Among these holders, around 52% said they used crypto to pay for goods and services, while 67% said they are planning to use it more often in the future.
