Binance Reaches Highest Market Share in 12 Months – Still the 'King' of BTC & ETH Trading
Despite the market being quiet, Binance has surprisingly surged its spot trading market share to the highest level in 12 months, according to the latest data from The Block. This shows that users still have extreme trust and loyalty to this platform, especially when everything around is still quite unstable.
Specifically:
Binance accounts for up to 45.6% of the BTC spot market share – the highest since July 2024.
With ETH, Binance's trading market share has maintained around 50% since March 2025 – very stable in a highly volatile market.
Why does Binance still maintain the upper hand?
In my opinion, there are 3 core points:
1️⃣ Extremely efficient closed ecosystem:
Binance Alpha – the new rewards points system – has activated users to trade more spot. Just on June 8, Binance Wallet reached $12.5B on-chain volume, accounting for 92.1% of the entire crypto wallet market.
The continuous flow of funds between wallets and exchanges creates a very strong CeDeFi loop.
2️⃣ Users choose safety:
After a major hack at a rival exchange earlier this year, capital tends to 'run to safety'.
Binance currently holds up to 59% of the total USDT & USDC on CEX, according to a CryptoQuant report on June 3 – a figure that clearly reflects the strong trust of users.
3️⃣ Superior liquidity and tools:
Not only does Binance have a large number of users, but it also provides extremely deep liquidity, powerful analytical tools, and low trading fees – which traders and long-term investors always need.
