Binance Records $8.73 Billion in Asset Inflows in 2024

Binance$BNB recorded $8.73 billion in asset inflows in November 2024, bringing its total assets to $154.9 billion. Amid economic uncertainty, users are turning to platforms that offer reliable solutions, and Binance is reportedly attracting users with services such as staking, crypto loans, and institutional asset management.

The company attributes its growth to a diverse product lineup tailored to the needs of crypto investors. Despite intense regulatory scrutiny, Binance remains a leading choice for digital asset management.

Meanwhile, analysts remain bullish on Bitcoin$BTC , believing that Bitcoin could reach $500,000. This bullish forecast has gained momentum thanks to growing institutional adoption and Bitcoin’s reputation as a scarce asset in high demand.

At press time, BTC was trading at $97,808.07 with a trading volume of $58.52 billion. While its price has fallen 0.47% in the last 24 hours, it has gained 7.93% in the last week, reflecting continued investor interest.$SOL