#BinanceLeadsQ1 Binance continues to dominate the centralized exchange (CEX) market in 2025, with a staggering $2.2 trillion in spot trading volume in Q1 alone ¹. Its market share has also increased from 38% in January to 40.7% by March, solidifying its position as the leading cryptocurrency exchange ¹.
According to TokenInsight's Q1 2025 report, Binance's total trading volume reached $8.39 trillion, accounting for 36.5% of the global CEX market share ² ³ ⁴. This is a slight decrease from its previous quarter's volume of $9.95 trillion, but still a significant lead over its competitors ².
Other notable highlights from the report include:
- *Binance's Spot Market Share*: Increased to 45% by the end of Q1, up from 43.5% at the beginning of the year ⁵.
- *MEXC's Growth*: Saw the largest increase in spot market share, growing from 6.1% in Q4 2024 to 7.8% in Q1 2025 ⁶ ⁵.
- *Market Trends*: The cryptocurrency market experienced heightened volatility in Q1 2025, with a decline in overall market capitalization and trading volumes ⁵.#BinanceAlphaAlert $SOL $ETH $BTC