According to BlockBeats, on December 17, Jamie Coutts, chief crypto analyst at investment firm Real Vision, released data on platform X indicating that Coinbase's trading platform revenue over the past 12 months approached $6 billion. Coinbase's stock has doubled in the past three months, making it one of the few assets to outperform Bitcoin returns.
The transformation of the crypto market in the fourth quarter has positioned this sector to compete with Wall Street in 2024. Notably, Coinbase has performed exceptionally well, with its trading bubble revenue currently ranking fifth globally. Over the past 12 months, revenue reached $5.75 billion, surpassing that of Nasdaq and CBOE.
Coutts stated, 'The growth rate of centralized exchange platforms (CEX) and decentralized exchange platforms (DEX) is 2.5 to 4 times that of traditional finance.' Looking ahead, the traditional financial industry will face fierce competition in 2025, while DeFi protocols may outperform major cryptocurrencies like Bitcoin and Ethereum in terms of returns.
