The cryptocurrency exchange Binance has once again cemented its position as the global leader among centralized exchanges. With a staggering 94% market share in airdrop rewards in 2024 — totaling $2.6 billion — Binance has significantly boosted user engagement and solidified its role in the digital asset ecosystem.


📦 Billions in Airdrops, No Token Delistings

According to CryptoQuant analysts, Binance was the only top exchange in 2023–2024 that did not delist a single newly listed token. This highlights its rigorous vetting process and stable operational strategy.

Initiatives like Launchpool and Megadrop attracted millions of users and significantly boosted platform loyalty and activity.


💧 Liquidity Dominance in Bitcoin and Ethereum

CoinGecko’s report also shows that Binance is not just leading in airdrops, but also dominates the liquidity of the largest cryptocurrencies:

🔹 Bitcoin: Binance controls about 32% of liquidity across all price bands, with over $8 million on both bid and ask sides within a +/- $100 range.

🔹 Ethereum: While Bitget leads in the narrowest bands, Binance maintains a strong lead in broader ranges, holding 25% of total liquidity.

🔹 XRP: Alongside Bitget and Coinbase, Binance controls 67% of liquidity within a +/- $0.02 range.

🔹 Solana & Dogecoin: Binance also holds strong positions, accounting for approximately 20% of SOL's liquidity.


🧾 Transparency and Trust: Binance Tops Proof-of-Reserves

Binance has also established itself as a leader in proof-of-reserves (PoR). With consistently 100%+ asset coverage and regular monthly reports, it maintains the highest level of transparency. OKX follows closely behind, while Coinbase significantly lags — still not publishing any PoR reports despite its size.

This development confirms that Binance is not only the world’s largest crypto exchange, but also a trusted leader in stability, transparency, and innovation in both user rewards and market liquidity.



#Binance , #CryptoMarket , #CryptoLiquidity , #CryptoExchange , #CryptoNews

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!

Notice:

,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“