In 2025, Coinbase struggles to maintain its market share amid increasing competition and support for crypto initiatives.
Decline of Coinbase's Dominance
The situation in the U.S. cryptocurrency market is evolving, posing challenges for Coinbase while benefiting DeFi protocols and new exchanges. Political support for crypto initiatives from Donald Trump is attracting new participants, creating a competitive environment.
Market Share Drop
Coinbase's market share has decreased to between 4.5% and 5.8% globally. This decline is accompanied by reduced trading volumes, indicating intensified competition and availability of market alternatives.
Surge in DeFi Usage
In 2025, the use of DeFi protocols has significantly increased, redirecting volumes away from centralized exchanges. Historical data suggests that these changes could have long-lasting implications for the financial sector.
By analyzing current trends and political changes, it can be inferred that the cryptocurrency market is undergoing transformative shifts that could impact its future.