On June 17, 2025, Binance's market share in spot trading reached 41%, the highest level in the last 12 months, according to The Block. The exchange's share in Bitcoin trading was 45.6%, and in the market $ETH - consistently above 50% since March 2025. This growth occurred amid a general decline in activity in the crypto market, highlighting Binance's resilience.
The platform's success is attributed to its strong infrastructure, low fees, and high liquidity. Binance also holds $31 billion in stablecoins, which accounts for 59% of the total volume on the top 20 exchanges, reinforcing its position as a market leader. The increase in activity on the BNB Chain network has also contributed to the exchange's strengthened position.
Despite regulatory challenges, including lawsuits from the SEC and CFTC in the US, Binance remains the undisputed leader, significantly ahead of competitors like Coinbase and OKX. Analysts note that a 41% concentration of the spot market on a single exchange raises concerns about decentralization, but investors continue to trust the platform.
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