Report: Binance ranked first with an average market share of 43.9% in the first quarter, reaching 45% at the end of March

According to a cryptocurrency exchange report released by TokenInsight, the average market share of Binance in the first quarter of 2025 was 43.9%, ranking first in the global spot market. The market share of Binance has steadily increased from 43.5% at the beginning of the year and reached 45% by the end of March.