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Polygon (MATIC): Led by Sandeep Nailwal, Polygon enhances Ethereum’s scalability with layer-2 solutions, reducing fees and speeding transactions for dApps.
Huddle01: Lokesh Rao and Ayush Ranjan’s decentralized video tools platform uses dynamic state sharding for low-cost, decentralized smart contracts, gaining global traction.
WazirX (WRX): Co-founded by Nischal Shetty, WazirX’s token powers India’s largest crypto exchange, offering seamless trading and DeFi integration
India is still figuring out its position in the crypto scene with its developing crypto regulations. However, Indian entrepreneurs and developers are already securing their position in the blockchain world. Many cryptocurrencies developed by Indians have gained global attention.
Let's take a look at some of these projects, which prove that India is consuming crypto tech and building it at a matching pace, displaying its ever-growing technological advancement.
Indian minds are not only enjoying crypto but also participating in its development. Here’s a list.
Polygon is considered the most successful Indian crypto project to date. It was developed by Sandip Nailwal, Jayanti Kanani, and Anurag Arjun in 2017.
As a layer 2 scaling solution for Ethereum, it helps the process of transactions become quicker and cheaper.
It was rebranded to Polygon from Matic in 2021.
As of 2025, it ranks in the top 20 international cryptocurrencies.
The market capitalisation is over $8 billion.
Brands like Disney, Starbucks, and Reddit use it.
Polygon is considered the go-to solution for scaling blockchain projects.
Instadapp is a decentralized finance (DeFi) platform built on Ethereum. Samyak Jain and Sowmay Jain are the Indian crypto founders of Instadapp.
Instadapp aims to simplify DeFi services. From a single dashboard, users can manage assets across platforms like MakerDAO, Aave, and Compound.
It is among the top 10 international DeFi apps.
Total value locked (TVL) is more than $2 billion in 2025.
Instadapp aims to simplify complex DeFi tools for frequent users.
WazirX is one of the top cryptocurrency exchanges developed by Indians. WRX, its native token, had a market launch in 2020 by Siddharth Menon, Nischal Shetty, and Sameer Mhatre.
Users find this token beneficial for giveaways, trading fee concessions, and other platform benefits.
It has more than 10 million registered users.
WRX token supports low-cost and quick transactions.
WazirX remains one of the top Indian cryptos, even with the regulatory obstacles.
EPNS is now rebranded as Push Protocol. Harsh Rajat and Richa Joshi co-founded it.
It offers decentralized communication between the apps and the users. Like phone apps that send notifications, EPNS allows apps to send notifications to wallet users.
It raised $10 billion in capital in 2023.
It is used for real-time insights by popular Ethereum apps.
Push Protocol is developing a notification layer for Web3 apps.
Huddle01 is developing decentralized video conferencing tools. It emphasizes changing platforms like Zoom in a decentralized way. Lokesh Rao and Ayush Ranjan founded this project. It is based on user token rewards and blockchain.
Over 100+ countries use it.
It offers a token-based incentive model for users and creators.
Though it is still in the early stages, Huddle01, as an Indian cryptocurrency, is already creating a buzz.
According to Statista, as of 2025, India had over 115 million crypto users, making it one of the major crypto markets in the world. With smart inventors and a huge user base, Indian-made cryptocurrencies will grow further. These projects are not solely about money. They are solving problems, building infrastructure, and making crypto available.
Indian developers are showing serious expertise in blockchain tech by building international projects like Polygon to DeFi tools like Instadapp.
These top India-made cryptocurrencies prove that the country is not just participating in crypto conservation—it’s ruling some of it. Users must monitor these blockchain projects, shaping the crypto future one block at a time.
