Binance leads with 40% share of Bitcoin reserve amid growing market confidence and demand.
Bitcoin nears $100K, boosting institutional adoption and Binance’s market leadership.
Regulatory scrutiny fails to slow Binance’s growth as crypto adoption accelerates.
The cryptocurrency market has undergone a power shift, with Binance emerging as a dominant player in the global exchange network.
Despite challenges such as regulatory scrutiny and market volatility, Binance has solidified its position, capturing a growing share of the Bitcoin reserve market among Proof of Reserve (PoR) exchanges.
Binance’s Bitcoin Reserve Market Share Has Been Growing Since 2017
Data from CryptoQuant founder Ki Young Ju highlights Binance’s growth from mid-2017 to the end of 2024. Starting with a small stake in 2017, Binance has expanded rapidly, reaching around 10% of the market share by early 2018.
