Crypto Across the States: Where America’s Digital Currency Adoption Really Shines?

HKAN | June 2025 .The U.S. may be a crypto powerhouse, but adoption isn’t uniform. From boardrooms in Silicon Valley to mining rigs in Texas, each state has its own crypto story. Here’s a warm, in-depth look at which states are leading and why in the crypto and trader landscape.

Nationwide Snapshot: Crypto in America

• A staggering 28% of U.S. adults (around 65 million people) now own cryptocurrency.

• Traditional investors are in: 40% of U.S. crypto owners also hold ETFs like GBTC or ETHE

• Global rankings place the U.S. 4th in overall crypto adoption, with $1.3 trillion of on-chain value transacted last year .

 

Top States by Crypto Engagement

🌉 California

• Home to ~2,670 blockchain startups and 3,600+ crypto ATMs.

• Listed among Coinbase’s top five states for crypto ownership.

• The Bay Area’s innovation ecosystem makes it a natural hub for traders and developers.

🗽 New York

• Also in Coinbase’s top five .

• Boasts the long-running BitLicense regulatory framework.

• Hosts major exchanges in NYC and sees crypto-salaried public officials—like Mayor Adams.

🇳🇻 Nevada

• Leads in per-capita crypto search interest at ~2,000 searches/100k people.

• Crypto-friendly stance and pro-mining policies make it a popular haven.

🌴 Florida

• Around 1,750 crypto searches per 100k residents, with ~2,000 ATMs statewide.

• Its government is pushing for a state Bitcoin reserve—an idea others are watching closely.

🤠 Texas

• Second-highest ATM count (~2,396) and a booming mining scene .

• Pro-coining with a strategic BTC reserve bill (SB 21) under review.

🌲 Colorado

• Hosts 33% of U.S. crypto MSBs, thanks to favorable laws like the Digital Token Act.

• A strong contender among entrepreneur-minded crypto hubs.

🧀 New Jersey

• Another top-five state per Coinbase .

• Ethereum-friendly policy and business momentum.

🌵 Wyoming & Utah

• Wyoming leads with DAO-friendly laws, crypto bank charters, and stablecoin pilots .

• Utah’s citizens and officials openly advocate minimal regulation.

Additional states making waves:

• New Hampshire — First to pass a Bitcoin reserve law.

• North Carolina, Minnesota, North Dakota, Pennsylvania, Oklahoma, Michigan  All have active BTC reserve or investment bills.

Visual Snapshot

*Athena™ Score is a composite index of adoption, regulation, infrastructure, and innovation.