{"id":24746,"date":"2025-06-17T19:30:00","date_gmt":"2025-06-17T16:30:00","guid":{"rendered":"https:\/\/forklog.com\/en\/binances-spot-trading-market-share-reaches-annual-high\/"},"modified":"2025-06-17T19:30:00","modified_gmt":"2025-06-17T16:30:00","slug":"binances-spot-trading-market-share-reaches-annual-high","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/binances-spot-trading-market-share-reaches-annual-high\/","title":{"rendered":"Binance&#8217;s Spot Trading Market Share Reaches Annual High"},"content":{"rendered":"<p>The market share of Binance, the largest cryptocurrency exchange, in spot trading has reached its highest level (41%) in the past 12 months, according to <a class=\"tracking_link\" href=\"https:\/\/www.theblock.co\/data\/crypto-markets\/spot\" target=\"_blank\" rel=\"noopener\">data<\/a> from The Block.\u00a0<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXevETyLheJxXziHOho3Qymk2S8a9sTgYELbSyNHyfpyKEyI6aTnksm5QfYW_4HPtkiixmFNXh9jY-W9tVQDEgi-iwSBdfP6-IfVgYmnORp8JYZFhcWWeAZZTr4UJhl3DmDOrBW4?key=ZlNTV56TBhq3dPdElSSs6w\" alt=\"Binance's Spot Trading Market Share Reaches Annual High\"\/><figcaption class=\"wp-element-caption\">Data: The Block.<\/figcaption><\/figure>\n<p>The platform&#8217;s share in Bitcoin trading reached 45.6% \u2014 the highest level since July 2024. Since March 2025, its share in the Ethereum (ETH) market has remained at 50%, occasionally exceeding this mark.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXfMdpi5nHgWl2YIcyK_1xHEihsB__puhRUPhY32dUGQYMyKsh7cSXK4YcJ4RYhpvlHwu_TExhJA4Ofl9TEFJVWQzV2Vv98GjrzPU4OrsIPV5AT03MTfxuic4d1L_HeWMP8p0dCj6A?key=ZlNTV56TBhq3dPdElSSs6w\" alt=\"Binance's Spot Trading Market Share Reaches Annual High\"\/><figcaption class=\"wp-element-caption\">Data: The Block.<\/figcaption><\/figure>\n<p>Notably, this growth occurs amid a general decline in activity in the cryptocurrency market.<\/p>\n<p>One factor contributing to this growth could be the migration of Bybit clients following the <a href=\"https:\/\/forklog.com\/en\/news\/bybit-exchange-suffers-1-46-billion-loss-in-hack\">hack<\/a> of the exchange in February 2025. Additionally, user engagement was boosted by the <a href=\"https:\/\/forklog.com\/en\/news\/binance-unveils-alpha-platform-for-early-stage-crypto-projects\">launch<\/a> of the Binance Alpha platform and the gamified reward system Alpha Points.<\/p>\n<p>Earlier, Binance <a href=\"https:\/\/forklog.com\/en\/news\/binance-holds-31-billion-in-stablecoins-attracts-major-investors\">consolidated<\/a> $31 billion in reserves in Tether (USDT) and USDC, accounting for nearly 59% of the total stablecoin volume on the top 20 trading platforms.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The market share of Binance, the largest cryptocurrency exchange, in spot trading has reached its highest level (41%) in the past 12 months, according to data from The Block.\u00a0 Data: The Block. The platform&#8217;s share in Bitcoin trading reached 45.6% \u2014 the highest level since July 2024. Since March 2025, its share in the Ethereum [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24745,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,1166,958],"class_list":["post-24746","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-centralized-exchanges-cex","tag-trading-volume"],"aioseo_notices":[],"amp_enabled":true,"views":"43","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=24746"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24746\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/24745"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=24746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=24746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=24746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}