India has emerged as one of the fastest-growing markets for cryptocurrency adoption, driven largely by its young, tech-savvy population. With over 20% of crypto investments concentrated in major cities like Delhi, Bangalore, and Mumbai, digital assets are reshaping the financial landscape across the country. According to CoinSwitch’s Year End Crypto Portfolio Report, investors under the age of 35 dominate the market and show strong preferences for assets like Dogecoin (DOGE), Bitcoin (BTC), and Ethereum (ETH).
This article explores the top 10 cryptocurrencies in India, providing up-to-date pricing and insights into each asset’s role in the evolving blockchain ecosystem. Whether you're a beginner or an experienced investor, this guide delivers valuable context to help inform your investment decisions.
Top 10 Cryptocurrencies Popular in India
The Indian crypto market mirrors global trends while maintaining unique regional characteristics—especially in terms of investor behavior and asset popularity. Below is a curated list of the most widely held and traded digital currencies in India as of April 2024.
Note: All prices referenced are accurate as of April 24–25, 2024.
1. Bitcoin (BTC)
Current Price: $65,039 | ₹5,352,773
As the original cryptocurrency, Bitcoin remains the gold standard of digital assets. Holding over 53.5% market cap dominance, BTC continues to outperform traditional investments like gold in terms of long-term returns. Despite its high price point, Indian investors can purchase fractional shares starting from as little as ₹100 on major exchanges.
Bitcoin's decentralized nature, scarcity (capped at 21 million coins), and growing institutional adoption make it a cornerstone of most crypto portfolios.
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2. Tether (USDT)
Current Price: $0.99 | ₹83.29
Tether (USDT) is the world’s largest stablecoin, pegged 1:1 to the US dollar. Its stability makes it ideal for traders seeking to avoid the volatility common in other cryptocurrencies. In India, USDT is widely used for trading pairs, remittances, and preserving capital during market downturns.
With consistent ranking among the top three cryptocurrencies by market cap, USDT plays a crucial role in both centralized and decentralized finance ecosystems.
3. Cardano (ADA)
Current Price: $0.48 | ₹39.42
Once dubbed the “Ethereum Killer,” Cardano offers a proof-of-stake (PoS) blockchain platform focused on scalability, sustainability, and peer-reviewed development. While Ethereum has since transitioned to PoS, Cardano maintains a loyal following due to its methodical approach and energy-efficient infrastructure.
ADA ranks among the top 10 cryptos globally and is popular among environmentally conscious investors.
4. Shiba Inu (SHIB)
Current Price: $0.00002633 | ₹0.002114
Born as a community-driven meme coin, Shiba Inu (SHIB) has evolved into a serious player in the crypto space. Inspired by Dogecoin, SHIB gained traction through grassroots marketing and a strong decentralized community led by its anonymous founder, Ryoshi.
Despite its low price per token, SHIB holds significant market value and ranks within the top 11 cryptocurrencies by market cap—a testament to its enduring appeal.
5. Dogecoin (DOGE)
Current Price: $0.15 | ₹12.53
Launched in 2013 as a satirical take on Bitcoin, Dogecoin quickly became a cultural phenomenon. Backed enthusiastically by Elon Musk—who famously calls himself the “Dogefather”—DOGE enjoys widespread recognition and usage.
It ranks among the top 8 cryptocurrencies globally and has inspired countless meme-based tokens, including SHIB and FLOKI.
6. Ethereum (ETH)
Current Price: $3,190 | ₹262,214
Ethereum is more than just a cryptocurrency—it's a foundational platform for decentralized applications (dApps), smart contracts, and DeFi protocols. Over the past five years, ETH has delivered nearly 1,700% returns, cementing its status as a must-have asset.
With a 16.1% market dominance, Ethereum powers thousands of projects and remains central to innovation in Web3 and blockchain technology.
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7. Uniswap (UNI)
Current Price: $7.79 | ₹640.89
Uniswap is the leading decentralized exchange (DEX), enabling users to trade tokens without intermediaries. Its native token, UNI, serves as a governance token, allowing holders to vote on protocol upgrades and future developments.
Launched in 2020, Uniswap quickly rose to become the largest DEX by volume—an indicator of trust and utility in the DeFi space.
8. Tron (TRX)
Current Price: $0.11 | ₹9.51
Tron (TRX) powers a blockchain platform focused on decentralized entertainment and content sharing. Founded by Justin Sun, TRON raised $70 million during its ICO in 2018 and has since built a robust ecosystem for dApps and stablecoin transactions.
Despite controversies surrounding its founder, TRX maintains a solid position—ranked 15th by market cap—and enjoys active use in peer-to-peer transactions.
9. Polygon (MATIC)
Current Price: $0.72 | ₹58.92
Originally designed as a scaling solution for Ethereum, Polygon (MATIC) has grown into a full-fledged multi-chain system supporting numerous dApps and Layer-2 networks. Notably, Polygon was co-founded by Indian entrepreneurs Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun—making it a source of national pride and strong adoption within India.
Its integration with major platforms like Meta and Reddit boosts its real-world utility.
10. Solana (SOL)
Current Price: $153 | ₹12,155.05
Solana (SOL) has surged in popularity thanks to its high-speed transactions and low fees. From $20 in May 2023 to over $150 in April 2024—an increase of 600%—SOL’s growth has been fueled by booming NFT activity on Solanart, expanding DeFi protocols, and rising interest in meme coins built on its network.
Now ranked fifth by market cap, Solana is a favorite among developers and retail investors alike.
Frequently Asked Questions (FAQs)
Q: What are the most popular cryptocurrencies in India?
A: The most popular include Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Tether (USDT), and Polygon (MATIC)—especially among younger investors under 35.
Q: Can I buy fractions of Bitcoin in India?
A: Yes! Most Indian crypto platforms allow you to buy Bitcoin starting from ₹100, making it accessible even at high price points.
Q: Is investing in cheap cryptocurrencies risky?
A: Low price doesn’t mean low risk. Tokens like SHIB or VET may be inexpensive per unit but carry higher volatility and speculative value compared to established assets like BTC or ETH.
Q: Why is Polygon popular in India?
A: Beyond its technical strengths as an Ethereum scaling solution, Polygon was co-founded by Indians, fostering strong domestic support and integration with local tech initiatives.
Q: Are stablecoins like USDT safe for Indian investors?
A: USDT is widely used for trading and value preservation due to its dollar peg. However, always assess issuer transparency and regulatory developments before holding any stablecoin long-term.
Q: How do I check cryptocurrency prices in INR?
A: Reputable exchanges display real-time prices converted from USD to INR. Always verify rates across multiple platforms to avoid discrepancies.
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Investing in digital assets requires careful research and risk assessment. While this list highlights the top 10 cryptocurrencies favored by Indian users—from established leaders like Bitcoin and Ethereum to emerging stars like Solana and Uniswap—it's essential to understand each project’s fundamentals before investing.
Whether you're drawn to meme culture with DOGE and SHIB or prefer foundational technologies like ETH and MATIC, there’s a diverse range of opportunities in today’s crypto market.
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