A recent international survey conducted by Binance reveals a rising interest in AI altcoins, identified by 24% of respondents as a promising investment opportunity, with meme coins and DeFi altcoins also attracting significant attention.
Binance Survey Results
According to the survey, AI altcoins rank highest among promising investments, followed by meme coins with 19% interest. DeFi and Layer-1 altcoins follow in third and fourth place, respectively.
Binance Achievements in 2024
Binance has reported a significant user fund inflow of $21.6 billion, accounting for nearly 40% of the total volumes among the ten largest exchanges, as per DefiLlama. It became the first centralized exchange to exceed $100 trillion in transaction volume and introduced innovative features like Binance Launchpool.
Impact of Bitcoin ETFs on the Market
The introduction of spot Bitcoin ETFs has facilitated institutional investors' access to cryptocurrencies. Net inflows into spot Bitcoin ETFs surpassed those of gold ETFs, elevating Bitcoin prices. Average Bitcoin holdings on exchanges increased from 0.36 BTC in 2023 to 1.65 BTC in 2024.
Binance's innovations and achievements in 2024 significantly contribute to the broader acceptance of cryptocurrencies in mainstream finance.
