In 2025, Binance firmly holds the top position among cryptocurrency exchanges by spot trading volume, continuing to lead the market.
Binance Spot Trading Volume Growth
Analyzing data from the start of the year, CryptoQuant found that the platform has a commanding lead with $1.9 trillion in spot trading volume. Binance controls over 43% of the total spot volume, surpassing the combined total of the next five exchanges, including major players like Coinbase and Bybit.
Binance and SEC Court Delay Request
Earlier in February this year, the SEC, Binance, and its former CEO Changpeng Zhao jointly requested a 60-day stay in their ongoing case with a US court. The request aims to resolve the case early and save resources. The case involves allegations of securities law violations.
Changes in Crypto Regulation
In January, a new Crypto Task Force led by SEC Acting Chairman Mark Uyeda was established to create a clearer regulatory framework for the crypto industry. After Gary Gensler's departure as SEC chair, several enforcement actions have been reconsidered.
Binance strengthens its leading position in the spot trading market while adapting to regulatory and legal challenges.
