Binance Will Lead in New Token Spot Trading Volume in 2025 with Market Share Up to 34%.
Data from CryptoQuant shows Binance achieved a cumulative trading volume of 133 billion USD for new Tokens, significantly outperforming other exchanges like HTX, Bybit, and MEXC.
- Binance is expected to capture 34% market share of new Token trading in 2025.
- Binance's cumulative trading volume reached 133 billion USD, leading the market.
- HTX, Bybit, and MEXC follow with volumes of 38 billion, 35 billion, and 34 billion USD respectively.
How Will Binance Achieve the Highest New Token Trading Volume in 2025?
Based on the CryptoQuant report, Binance will lead new Token trading with a projected cumulative volume of 133 billion USD in 2025, capturing 34% market share.
Since July 2024, daily new Token trading volume on Binance has averaged 1.1 billion USD, peaking on July 10th with 54% market share. This demonstrates Binance's not only maintaining its position but also significantly expanding the new Token spot market.
How Does Binance Position Itself Among Other Exchanges?
The three exchanges following Binance are HTX, Bybit, and MEXC with trading volumes of 38 billion USD, 35 billion USD, and 34 billion USD for new Tokens respectively. These figures reflect intense competition in the new Token trading market.
In 2024, these exchanges listed between 19 and 31 new Tokens, including prominent Tokens like BIO, AIXBT, and CGPT. This indicates diverse investment options and rapid development in the new Token market.
Binance is consolidating its strength in the new Token market through diversity and high liquidation, facilitating conditions for traders and investors.
Cryptocurrency Market Insights, 2024
Frequently Asked Questions
What Market Share Will Binance Lead in New Token Trading?
Binance is expected to maintain 34% market share of new Token trading in 2025, leading the entire industry.
What is Binance's Current Daily New Token Trading Volume?
The average new Token trading on Binance is approximately 1.1 billion USD daily in recent months.
Which Exchanges Follow Binance in New Token Trading Volume?
HTX, Bybit, and MEXC are the second to fourth exchanges with volumes of 38 billion, 35 billion, and 34 billion USD respectively.
What Prominent Tokens Were Listed on These Exchanges?
Prominent Tokens including BIO, AIXBT, and CGPT were listed on multiple exchanges in 2024.
How Many New Tokens Were Listed by Exchanges in 2024?
Exchanges like Binance, HTX, Bybit, and MEXC listed between 19 and 31 new Tokens in 2024.
