🎉🚀 Big news in the crypto world! HTX, formerly known as Huobi, has surpassed Coinbase in spot trading volumes for the first time, handling a whopping $2.4 billion daily! 💰💪 This milestone was announced by none other than Justin Sun, the founder of TRON blockchain and a global advisor for HTX.

Sun is confident that this is just the beginning for HTX, emphasizing that the platform is still in its early stages of growth. 🌱📈 HTX now stands as one of the world's largest crypto exchanges, only trailing behind Binance, Bybit, OKX, and Gate.io.

Meanwhile, Coinbase, a leading U.S.-based exchange, oversees approximately $2 billion in daily spot trading volumes, placing it behind HTX and Bitrue. 📉🇺🇸

HTX has been making waves in the crypto community, not just for its trading volumes, but also for its philanthropic initiatives. Two months ago, HTX pledged to donate all Slerf trading revenue on HTX Global, aiming to support Slerf's trading fee mining on HTX. 🌍💖

On the flip side, Coinbase's decline in exchange volume rankings comes amid the company navigating various legal challenges in the United States. 🏛👀 The U.S. SEC filed a securities violation lawsuit against Coinbase, alleging that the firm operates as an unregistered exchange, broker, and clearing agency. These legal hurdles have likely impacted the exchange's trading volumes, providing HTX with an opportunity to rise in the rankings. 🚀🎯

Stay tuned for more exciting updates in the crypto world! 🌐🔥