Binance pulling in $2.2 trillion in spot trading volume in Q1 2025 is absolutely insane. That’s a huge chunk of capital flowing through a single exchange. And with their market share climbing from 38% to 40.7%, it’s clear they’re still dominating the CEX game—despite all the regulatory pressure and growing competition.
It really makes you think: traders are still betting on Binance, even after everything. Either Binance is nailing the execution, or the rest of the field still hasn’t stepped up enough to challenge them.