Binance will lead in new Token trading volume in 2025 with a market share of up to 34%.
Data from CryptoQuant shows that Binance achieved an accumulated trading volume of 133 billion USD for new Tokens, surpassing other exchanges such as HTX, Bybit, and MEXC.
MAIN CONTENT
Binance is expected to account for 34% of new Token trading market share in 2025.
Binance's accumulated trading volume reached 133 billion USD, leading the market.
HTX, Bybit, and MEXC follow with volumes of 38 billion, 35 billion, and 34 billion USD respectively.
How will Binance achieve the highest trading volume for new Tokens in 2025?
Based on the report from CryptoQuant, Binance will lead in new Token trading with an expected total accumulated volume of 133 billion USD in 2025, accounting for 34% market share.
As of July 2024, the daily trading volume of new Tokens on Binance averages 1.1 billion USD, peaking on July 10 with a 54% market share. This demonstrates that Binance not only maintains its position but also significantly expands the new spot Token market.
How does Binance rank among other exchanges?
The three exchanges following Binance are HTX, Bybit, and MEXC with trading volumes of 38 billion USD, 35 billion USD, and 34 billion USD respectively for new Tokens. This data reflects the lively competition in the new Token trading market.
In 2024, these exchanges have listed between 19 to 31 new Tokens, including notable Tokens such as BIO, AIXBT, and CGPT. This demonstrates the diverse choices for investors and the rapid development in the new Token market.
Binance is consolidating its strength in the new Token market thanks to diversity and high liquidity, facilitating traders and investors.
Cryptocurrency Market Insights, 2024
Frequently Asked Questions
What market share will Binance lead in the new Token market?
Binance is expected to hold a 34% market share in new Token trading by 2025, leading the industry.
What is the current daily trading volume of new Tokens on Binance?
The average trading of new Tokens on Binance is about 1.1 billion USD daily in the recent month.
Which exchange follows Binance in the trading volume of new Tokens?
HTX, Bybit, and MEXC are ranked second to fourth with volumes of 38 billion, 35 billion, and 34 billion USD respectively.
Which notable Tokens are listed on these exchanges?
Notable Tokens including BIO, AIXBT, and CGPT are listed on multiple exchanges in 2024.
How are the statistics for new Token listings on exchanges in 2024?
Exchanges like Binance, HTX, Bybit, and MEXC have listed between 19 to 31 new Tokens in 2024.
Source: https://tintucbitcoin.com/binance-giao-dich-token-moi-11-ty-usd/
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