Main topics of the post:
From stablecoins to Web3 gaming to BTC’s all-time high in 2024, this was the year that saw the global adoption of blockchain technology — driven by users like you.
Celebrate a record-breaking year with Binance, including $100 trillion in trading volume and over 240 million users worldwide, as we build the future of crypto.
View your personalized 2024 Retrospective — via our website or app — to learn how your trades, milestones, and activities shaped the Binance community.
As 2024 comes to an end, we take some time to look back and celebrate an extraordinary year. From important milestones to innovative products, this blog highlights the moments that defined 2024 for Binance and the crypto community.
Starting December 3, you’ll also be able to access your personalized 2024 Retrospective via the Binance website or app. Celebrate your journey, revisit your achievements, and see how you contributed to a year to remember.
A sincere thank you to our community
Together, we’ve witnessed tremendous growth in the crypto space this year. Most importantly, 2024 has been about you — your trades, achievements, and engagement have shaped the community and driven our mission to make crypto accessible to everyone.
We appreciate your trust and loyalty over the past 12 months. Whether you’re a long-time Binance user or a new user, your contributions have played a vital role in shaping Binance and the broader crypto ecosystem. This year, the crypto industry has reached incredible new heights, and we couldn’t have done it without you.
Let's celebrate your #2024withBinance
Reflect on your journey with Binance through our#2024withBinanceReview, available on our website and mobile app. Think of it as your personal recap of the year in crypto — like your favorite holiday songs, but tailored to your time on Binance.
Revisit your milestones, top trades, and favorite features, and discover a personalized poster celebrating your unique achievements, with a title that reflects your year 2024. Plus, join our Binance Square campaign for a chance to win rewards.
As we move towards 2025, we will continue to build on this year’s progress by driving innovation, fostering global connections, and creating opportunities to grow together in the cryptocurrency space.
Important numbers and statistics for 2024
This year wasn’t just important for Binance — it was monumental for the entire crypto industry. From the adoption of stablecoins in emerging markets to advancements in Web3 gaming and tokenized real-world assets, 2024 presents limitless possibilities for blockchain technology. Bitcoin also hit an all-time high in Q4, further solidifying its position as the cornerstone of the crypto market.
Cryptocurrencies in 2024: Industry Highlights*
Stablecoin adoption: Addresses holding stablecoins pegged to dollars and cryptocurrencies grew 15% to 93.6 million. Stablecoins have gained traction globally, with major companies like Stripe reintroducing crypto payments and Tether reporting record Q3 profits. Emerging markets including Nigeria, India and Brazil have shown a preference for stablecoins, driven by economic stability and efficiency.
RWA Tokenization: The market value of tokenized real-world assets (RWAs) reached a record $3.45 billion, with a total value locked of $8 billion — a 700% increase year-over-year. This shift reflects the growing utility of blockchain for real-world applications, with major brands like Louis Vuitton tokenizing items.
Meme Coins: The meme coin sector has surged, capturing 11% of the crypto market cap (excluding BTC, ETH, and stablecoins). Despite the volatility, community-driven tokens continue to be a unique differentiator for market engagement.
Web3 Gaming: Investment in Web3 gaming reached $1.1 billion in Q2 2024, with major companies embracing decentralized gaming experiences. This trend underscores the transformative potential of blockchain in entertainment.
*All statistics provided by the Binance Research team.
Binance’s Big Wins in 2024
User Growth: We’ve welcomed millions of new users, surpassing over 240 million globally. Our community continues to grow as we head towards 300 million!
Trading Volume: In September, Binance reached a major milestone with $100 trillion in cumulative trading volume. In March 2024 alone, it handled over $4 trillion in trading volume with a daily peak of $300 billion.
Top cryptocurrencies traded: BTC, ETH, SOL, DOGE, and BNB were our users' top picks in 2024, reflecting evolving market trends.
Regulatory Approvals: Obtaining registrations and approvals in 20 countries underscored our commitment to compliance and global expansion.
Enhanced protection: This year we deployed advanced AI to detect risks in real time, preventing over $2.4 billion in potential losses from scams/fraud.
Global collaboration: We partner with law enforcement agencies around the world, responding to more than 55,000 requests from 13,800 officers.
Proof of Reserves: We have enhanced our Proof of Reserves, protecting $130 billion in assets while providing verifiable proof of funds.
Final considerations: community engagement
Community is at the heart of Binance, and Binance Blockchain Week (BBW) Dubai 2024 demonstrated this. As our flagship event, BBW brought together 4,600 attendees from 126 countries, including 204 speakers, 307 KOLs (influencers), and 86 Binance Angels — our largest Angel gathering to date. In addition to BBW, Binance hosted meetups, webinars, and workshops around the world, creating opportunities for users to connect, learn, and grow.
But our community isn’t just a collection of events or numbers — it’s a network of people like you. Every trade, suggestion, and interaction has shaped Binance and the ecosystem at large. That’s why we created the 2024 Retrospective — to celebrate your journey and the role you played in this transformative year. We appreciate you being a part of our story — here’s to another year of growth, collaboration, and success!
Further reading
Disclaimer: Prices of digital assets can be volatile. The value of your investment may go down as well as up and you may not get back the amount you invested. You are solely responsible for your investment decisions and Binance is not responsible for any losses you may incur. This is not financial advice. For more information, please see our Terms of Use, Binance Pay Terms of Use and Risk Warning.
