Jamie Coutts, chief cryptocurrency analyst at investment research institution Real Vision, published an article yesterday (17th) saying that the revenue of the US-listed exchange Coinbase accounted for 11% of the total revenue of global trading platforms, surpassing Nasdaq, indicating the decline of traditional finance. Market share is being eroded by cryptocurrencies. (Preliminary summary: Trump rang the bell at the New York Stock Exchange and shouted: He will establish a strategic reserve of cryptocurrency like oil, and was selected as the (Time Magazine) Person of the Year) (Background supplement: Survey: Global awareness of cryptocurrency has increased to 93%, 42% have held or bought Crypto) Jamie Coutts, chief cryptocurrency analyst of investment research institution Real Vision, posted on the social platform X yesterday (17th) that from the perspective of exchange performance, the market share of traditional finance Being Occupied by Cryptocurrencies: It’s crazy, cryptocurrencies are eating the lunch of traditional finance. Jamie cited cryptocurrency exchange data and said: Coinbase accounts for 11% of the total global exchange revenue ($5.77 billion), ranking fifth, surpassing Nasdaq. Decentralized exchanges (DEX) accounted for 5%, surpassing the Hong Kong Exchange (HKEX) and CBOE. In 2024, the total revenue of centralized exchanges may be on par with traditional finance. CEX and DEX are growing 2.5 to 4 times faster than traditional finance. DEX is one of the most profitable applications in the world. If the CEX market were valued based on Coinbase’s market share, the total market capitalization of CEX would be $749 billion, while the total market capitalization of traditional financial exchanges would be $610 billion. This is wild.#Cryptois eating TradFi's lunch. 1. Coinbase: 11% of global exchange revenue, ranked 5th, ahead of Nasdaq. 2. DEXs: 5%, outranking HKEX & CBOE. 3. Total CEX revenue could hit parity with TradFi in 2024.4. CEX and DEXs are growing 2.5-4x faster than TradFi.5.… pic.twitter.com/JX59KnW5pi — Jamie Coutts CMT (@Jamie1Coutts) December 17, 2024 6 Top Predictions for 2025 Plus, Jamie also pointed out that he The six major trend predictions for 2025 include: Traditional financial trading platforms may accelerate the integration of cryptocurrencies; more centralized exchanges will be listed; more centralized exchanges will establish their own DEX platforms or integrate multiple chains; RWA will drive the valuation growth of the cryptocurrency industry; growth investors in traditional finance will begin to increase cryptocurrency allocations, and the DeFi field will be the first choice; the scale of the DeFi field will also grow 4 to 5 times, and some protocols will even outperform Ethereum public chains such as Fangfang, Solana and Bitcoin. Jamie concluded: While these comparisons may not be entirely equal, for example, revenue does not equal net profit, the point is that the cryptocurrency space has long suffered from regulatory strikes, and now the industry is entering an era of revaluation. Coinbase’s share price has risen 95.9% this year. As Jamie said, with the awakening and advancement of the bull market, not only cryptocurrencies such as Bitcoin have experienced significant increases, but also many cryptocurrency concept stocks in the stock market have performed well. Take Coinbase, a US-listed exchange, as an example. Its share price has risen 95.9% so far this year and is currently trading at $307, with a market value of $77 billion. Coinbase stock price. Source: Google Finance Related reports: Ukraine plans to legalize cryptocurrencies in Q1 next year, and the President of Argentina plans to open free trading of Bitcoin. Oops! South Korea's cryptocurrency profits tax is affected by the presidential impeachment case and may take effect on New Year's Day, 2025 as originally planned. Founder of Cyber ​​Capital: XRP is not a cryptocurrency, it is all highly centralized and controlled by the Ripple Foundation. "Coinbase's annual revenue surpasses Nasdaq!" Cryptocurrency is gradually eating up traditional finance. This article was first published in BlockTempo (Dong District Dongzhi - the most influential blockchain news media).