Retail Investors Lead Israel’s Crypto Boom During Periods of National Uncertainty

Israel’s cryptocurrency economy has experienced significant growth, particularly following the national crisis triggered by the October 7, 2023, attacks, according to a recent Chainalysis report.

From 2024 to 2025, the country saw crypto inflows surpassing $713 billion in a steady expansion in line with prior trends. Before the attacks, transaction volumes in Israel closely matched expected activity, with deviations averaging just -0.3%. Following the attacks, however, volumes consistently exceeded forecasts and averaged $0.66 billion more per month than predicted.