Binance’s Dominance of Altcoin Market Reaches 78%

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The altcoin trading volume dominance on Binance has reached 78%, a level that a crypto analyst believes signals a potential altcoin bull market in 2025.

CryptoQuant contributor Burakkesmeci noted in a January 11 market report that “With retail interest gaining traction, the altcoin market could continue to build strong momentum in the coming months.”

Burakkesmeci highlighted that Binance’s altcoin trading volume by pairs reached 77.83% in January 2025, an increase of approximately 11% over the past five months.

He emphasized that “The consistent growth in altcoin trading volume on Binance reinforces confidence in the potential for an altcoin bull market in 2025.”