\u201cThis decrease in **crypto adoption** comes as Singaporeans take a more defensive financial posture against the backdrop of global macroeconomic uncertainty,\u201d a detailed report<\/a> noted.<\/p>\n The exchange surveyed **1,500 residents** across Singapore in February **2025**.<\/p>\n Independent Reserve claims that many Singaporeans are reallocating toward **traditional investments**. For instance, the share of respondents keeping cash in savings or fixed deposits has risen to **49%** in 2025, up from **42%** in 2024.<\/p>\n \u201c**Investors** are selectively managing risk and diversifying across **asset classes** in response to broader economic conditions,\u201d the survey read.<\/p>\n Mark Wong, Head of Trading at Independent Reserve, explains that the **BTC\/SGD** pair dropped **19.3%** from **S$143,000** (US$110,832) in January to mid-April. \u201cThis decline reflects a broader pullback from risk assets,\u201d he noted.<\/p>\n Further, Wong said that Singapore\u2019s crypto investors have shifted towards \u201chigh-quality assets\u201d that maintain resilience in **volatile conditions**.<\/p>\n \u201c**Painful lessons** from speculative tokens have taught investors to prioritise robustness over hype,\u201d he said. \u201cSurvey data reveals that investors holding two to five cryptocurrencies are most likely to report gains or break even, whilst those with eleven or more cryptocurrencies fare worse.\u201d<\/p>\n Besides, the trend is among the **younger crypto users** in Singapore, as per a report published last month by the **Straits Times**. Though the ownership rate has decreased, younger generations, particularly **Gen Z** and millennials, are leading cryptocurrency adoption, with around **40%** holding crypto.<\/p>\nSurvey Reveals Shifting Sentiments in 2025<\/span><\/h2>\n
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Crypto adoption is rising in Singapore, and younger users are leading it. Businesses are adapting, though challenges like usability, security, and limited merchant support continue to hinder widespread use.#Blockchain<\/a> #CryptoAdoption<\/a>https:\/\/t.co\/9xPjW6dG76<\/a><\/p>\n