The post Binance Wallet’s Average Daily Volume Hits Record $574 Million, Up 538% From March appeared on BitcoinEthereumNews.com.

The crypto market continues to experience new advancements, with fresh metrics from Satoshi Club showing interesting shifts in the crypto wallet transaction. As per the data, Binance Wallet has recorded a tremendous surge in trading activity, dominating market share. Binance wallet leads in market share The data showed that Binance Wallet’s daily trading volume rose to an AHT of $574 million today, May 8, 2025. This remarkable figure accounts for 82.1% of the entire trading volume in the crypto wallet sector during that day. In other words, more than 82% of all crypto wallet trading activity takes place on the Binance wallet. This is a significant growth, considering that on March 18, 2025, Binance Wallet had a $90.55 million trading volume and a 54.1% market share. The data shows that Binance Wallet is the dominant force controlling both massive trading volume and a huge client base. Also, other protocols that are dominant in the crypto wallet sector include BullX, OKX router API, Phantom, OKX wallet, GMGN, TokenPocket, Bitget wallet, Coinbase, Rabby, and MoonShoot. Rising demand for multi-asset wallets This data highlights that Binance wallet has intrinsic benefits that makes it a preferred choice for crypto users. Numerous factors contributing to this remarkable growth include the following. First, its integration with the Binance ecosystem makes the wallet as an attractive choice, enabling users to transfer wide range of assets for DeFi and trading activities. Secondly, Binance is recognized for its simple, convenient, and accessible platforms, and the wallet carries this philosophy. Also, Binance is associated with robust security and supports a broad variety of crypto assets. Lastly, modern crypto wallets function as avenues to decentralized Web. Binance potentially offers a seamless approach that enables users to access Web3 and DeFi applications. The increasing dominance of the above-mentioned cryptocurrency wallets highlights the…

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Filed under: News - @ May 9, 2025 8:20 am