Research Methodology – Cryptocurrency Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Cryptocurrency Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Cryptocurrency Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Number of cryptocurrencies and their respective market caps
- Volume of transactions in each cryptocurrency
- Number of active wallets or users
- Number of exchanges and their trading volumes
- The number of coins/blocks mined
- Rate of adoption among consumers and businesses
- Regulatory environment in different countries
- Availability and ease of applications for buying/selling cryptocurrencies
- Partnerships or integrations with financial institutions or other companies
- Average transaction value
Key Market Indicators
- Total market capitalization
- Cryptocurrency price indexes
- Daily, monthly, and annual trade volumes
- Number of transactions per day
- Average transaction value
- Number of new cryptocurrencies launched
- Number of active users or wallets
- Regulatory news or changes impacting the market
- Adoption rate by businesses and consumers
- Technological advancements in blockchain
- Size and growth of Initial Coin Offerings (ICOs)
Growth Trends
- Increasing adoption of blockchain technology
- Rise in the number of digital transactions
- Expansion of cryptocurrency wallets
- Increasing acceptance of cryptocurrencies by merchants
- Rapidly growing popularity and capitalization of DeFi (Decentralized Finance)
- Rising trend of Initial Coin Offering (ICOs)
- Increased efforts at forming regulatory frameworks for crypto
- Growing investments in blockchain technology
- Inclination towards cashless transactions
- Increasing usage of cryptocurrencies in remittance
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Cryptocurrency Market. Key inputs include:
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Cryptocurrency Market
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights
Available for purchase with detailed segment data, forecasts, and regional insights.
Get This ReportOur Clients:
