Kraken Wallet Analysis: Australians Favor Ethereum and Niche Tokens

CN
13 hours ago

The report finds bitcoin held by 36.70% of Australian users (average AU BTC balance $17,409 vs $29,830 globally) and ethereum comprising 33.17% of the average Australian wallet versus 19.08% globally.

The analysis highlights stronger Australian adoption of solana (13.79% AU) and memecoins such as PEPE and BONK, alongside lower local holdings of older altcoins like XRP and cardano, and notes high BTC/USD and SOL/AUD trade volumes in Australia; Kraken says it launched SOL/AUD in June 2024 in response to local demand. “Australia continues to be one of our most dynamic markets,” said Jonathon Miller, Managing Director of Kraken Australia and Rest of World.

Where was the analysis produced? — Sydney, Australia.
What period does the data cover? — August 2024 to October 2025 in Kraken’s global dataset.
Which tokens are unusually popular in Australia? — ETH, SOL, PEPE, BONK, and several niche tokens locally.
Are individual clients identified? — No; the report is anonymized and aggregate for the Australia jurisdiction.

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