Global cryptocurrency trading is just beginning to gain momentum, with the industry projected to exceed $108 trillion in trade volume by the end of 2024, according to a CoinWire study. 🚀

The US leads in projected cryptocurrency trading volume, exceeding $2 trillion. But Europe is ahead in total cryptocurrency transaction volume, accounting for 37.32%.

The European Union has begun implementing the first set of MiCA rules focused on stablecoins. Cryptocurrency trading volume in Europe is expected to reach $40.5 trillion in 2024.

Asia ranks second with 36.17% of the global cryptocurrency transaction volume.

Binance dominates the crypto exchange market in over 100 countries with a trading volume of $2.77 trillion. Binance is followed by OKX and CEX.IO, with dominance in 93 and 92 countries respectively.