An exchange: Indian investors are turning their attention beyond Bitcoin, with Layer-1 tokens being the most popular.

According to ChainCatcher, citing a report from Cointelegraph, a local Indian cryptocurrency exchange stated in a survey released on Thursday that Indian crypto investors now hold an average of 5 tokens per portfolio, up from around 2-3 in 2022.

Among them, Layer-1 tokens are the most popular category, chosen by 43.3% of respondents. The exchange described this as “a clear indicator of research-driven diversification rather than single-asset speculation.” Bitcoin follows closely, accounting for 26.5%, while meme coins represent 11.8% of investor preferences.