More than half of all crypto-related web traffic in Central, Southern Asia, and Oceania over the past 12 months has come from NFT websites.
![Southeast Asian Crypto Users Most Interested in NFTs](https://coinspaidmedia.com/wp-content/uploads/2022/09/ARTICLE_Криптопользователи-Юго-Восточной-Азии-активнее-всего-интересуются-NFT.jpg)
Analyst firm Chainalysis has published an excerpt from its upcoming 2022 Geography of Cryptocurrency Report. According to the researchers, in the CSAO (Central, Southern Asia, and Oceania) region, over 58% of all web traffic in the crypto segment in Q2 2022 was driven by NFT-related sites.
The analysts believe that non-fungible tokens are the main driver of crypto adoption in the region. Recall that a recent study by Statista found that Thailand has the largest number of NFT users — about 33% of the total population.
P2E projects come second in popularity among users. They account for about 21% of the traffic associated with the cryptocurrency market. At that, the analysts emphasize that P2E games are closely connected with the NFT market. Non-fungible tokens are a major factor in the active adoption of cryptocurrencies in the CSAO region.
There are two countries in the region leading in the rate of crypto adoption, according to Chainalysis: Vietnam and the Philippines. Experts state that they have similar growth drivers, with P2E gaming and remittances being the main ones. DappRadar reports that Play-to-Earn activity growth exceeded 2,000% during the year.