🔶 Binance's share in spot trading has reached a yearly high.
According to The Block, Binance's market share in spot trading has reached 41% — the highest in the year. Its share in Bitcoin trading has increased to 45.6%, the highest level since July 2024, while in the Ethereum market it has remained stable at 50% or higher since March 2025.
The growth occurs despite a decline in activity in the crypto market. Possible reasons include the outflow of clients from Bybit following a hack in February 2025, as well as the launch of Binance Alpha and the Alpha Points rewards system, which have increased user engagement.
Previously, Binance had accumulated $31 billion in USDT and USDC reserves, accounting for 59% of the stablecoin volume on the top 20 exchanges.
