In 2024, Binance achieved a significant milestone with a cumulative historical trading volume of $100 trillion. Additionally, the number of registered users soared to 250 million, marking a 47% increase year-over-year, reflecting the exchange’s rapid growth and extensive reach in the cryptocurrency market.

Binance reported user assets totaling $160 billion, surpassing Coinbase’s $137 billion. Inflows reached $30 billion annually, significantly surpassing competitors, showcasing Binance’s ability to attract substantial capital. The events of 2024, including institutional participation, emphasized Binance’s strengthening position in the crypto industry.