As Western darknet markets struggled, Russian platforms took the lead in Bitcoin and TRON drug sales, according to analysts.
In 2024, darknet marketplaces experienced a modest increase in revenue, surpassing $1.7 billion, with Russian-language platforms remaining at the forefront of cryptocurrency-based drug transactions, analysts report from a blockchain forensic firm.
In their recent 2025 Crypto Crime Report, the analysts noted that Russian-language platforms have been the key contributors to illicit drug sales, representing over 97% of the total revenue in Bitcoin (BTC) and TRON (TRX).
“Despite the numerous challenges that darknet marketplaces faced throughout 2024, these platforms still saw a slight increase in revenue compared to 2023, generating over $1.7 billion.”
The relative immunity from law enforcement in Russia has facilitated the growth of these marketplaces, the analysts explained, adding that some platforms still utilize dead drop delivery systems and source low-cost precursor chemicals from China.
“The emphasis on synthetic drugs and the widespread availability and affordability of precursor chemicals, often imported from China, have contributed to the success of Russian-language darknet marketplaces.”
Conversely, Western darknet markets faced significant difficulties in 2024. Numerous exit scams and heightened law enforcement pressure diminished trust in these platforms, particularly following the Incognito Market exit scam in March.
In contrast, Russian-language markets remained stable, with only four platforms shutting down. Analysts observed that these platforms tend to avoid exit scams, opting to close voluntarily and allowing users to withdraw their funds.