According to data from The Block, the spot trading volume of major centralized exchanges (CEXs) worldwide reached $2.94 trillion in December last year, the highest since May 2021. Binance's spot trading volume reached $1 trillion, with a market share of 34%. This surge in trading activity is likely due to a combination of factors, including the rising popularity of digital assets, the increasing adoption of CEXs, and the launch of new trading products and services. The high trading volume also indicates that investors remain bullish on the long-term prospects of the cryptocurrency market. Overall, the strong spot trading volume in December is a positive sign for the cryptocurrency industry. It suggests that institutional investors are becoming more comfortable with digital assets and that the market is maturing.