2026-01-09 11:27:12

Iran Network Outage: Why Cryptocurrency Trading Continues

Recently, domestic protests in Iran have escalated, causing the rial to plummet to a historic low against the US dollar. The government promptly implemented a comprehensive internet shutdown. This decision affected the normal trading activities of approximately 7 million cryptocurrency users.

Interestingly, even with the nationwide internet outage, cryptocurrency trading has not completely halted. According to on-chain data analysis firms' tracking, from early 2025 to July, the volume of crypto asset flows within Iran reached $3.7 billion. This reflects that users are seeking alternative network solutions to bypass the internet shutdown—whether through VPNs, local nodes, or other decentralized network tools.

This phenomenon highlights a deeper issue: when traditional financial systems and network infrastructure are unstable, cryptocurrencies serve as an increasingly important means of censorship-resistant, borderless asset transfer. From a market perspective, this also explains why regions with higher geopolitical risks tend to have higher adoption rates of crypto assets.

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Token_Sherpa

· 01-11 11:08

nah this is exactly why the "adoption in emerging markets" narrative actually holds weight... not the hype version, the real structural one. when your currency's in freefall and the govt cuts the internet, suddenly crypto isn't some libertarian fantasy—it's basic financial infrastructure. 7m users finding workarounds while riyal gets decimated? that's velocity problem solving in real time tbh

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OnChain_Detective

· 01-10 14:29

wait hold up... 37 billion flagged across iran despite full blackout? pattern analysis suggests either major wallet clustering activity or... suspicious transit volumes ngl. need to pull the data on those node configurations fr fr

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DegenApeSurfer