Crypto trading volume is projected to surpass $108 trillion in 2024, with Europe leading in global transaction value and Binance being the most dominant exchange worldwide.
Global crypto trading is only just beginning to take off, as a study from CoinWire predicts that industry trading volume will exceed $108 trillion by the end of 2024.
The study revealed that the end-of-year estimate is 90% higher than in 2022. The United States leads with the highest projected crypto trading volume for the year, surpassing $2 trillion.
While the US may lead in crypto trading volume, Europe leads the market in global cryptocurrency transaction value, accounting for 37.32%.