💰 Binance — the King of 2024!

The exchange has crushed the competition again: users deposited a staggering $21.68 billion on Binance this year! In comparison, the top 10 other crypto exchanges combined attracted only $15.9 billion.

According to DefiLlama, Binance is clearly leading the pack. CryptoQuant adds another layer of intrigue: the average size of stablecoin (ERC20) deposits has noticeably increased, signaling that institutional players are actively entering Binance.

How long do you think Binance can hold the crown? Or is someone ready to challenge them? 👀