According to Sumit Gupta (CoinDCX) on Twitter, the possibility of an IPL team purchasing Bitcoin could mark a significant milestone for mainstream crypto adoption in India. Such a move would likely increase institutional interest and could drive higher trading volumes on Indian crypto exchanges, especially for Bitcoin and related altcoins. Sports sponsorships and partnerships with crypto firms may also see a surge, as IPL teams evaluate digital asset investments to diversify their portfolios and boost fan engagement. Traders should monitor these developments for potential price volatility and increased liquidity in the Indian crypto market (source: Sumit Gupta, Twitter, May 30, 2025).