Blockchain transaction data tied to cryptocurrency payments may provide an early signal of emerging drug crises, according to a new report from blockchain analytics firm Chainalysis.
The study, which examined illicit market activity across darknet drug and fraud ecosystems, found that crypto flows connected to darknet markets reached nearly $2.6 billion in 2025, showing that online drug markets continue to operate at scale despite repeated law-enforcement takedowns. Vendors typically receive payments from personal wallets and centralized exchanges.

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