Binance has overcome legal pressure from the US, losing significant market share in the spot crypto market by mid-2023. However, since the end of 2023, Binance has begun to regain market share, benefiting from the upward trend in 2024. Currently, Binance accounts for over 31% of total trading volume, reaffirming its leading position.

What does this mean for the crypto market? Binance's return strengthens the current price momentum, playing a crucial role in maintaining and potentially enhancing this trend. Binance's recovery not only demonstrates the strength of the exchange but also contributes significantly to the current and future momentum of the crypto market.