With Solana’s staking market booming, centralized exchanges like Binance and Coinbase are reaping the rewards, leveraging their position to maximize staking and trading revenues.
With Solana’s staking market booming, centralized exchanges like Binance and Coinbase are reaping the rewards, leveraging their position to maximize staking and trading revenues.
The share of DEX (Decentralized Exchange) trading volume has been growing over the last months, reaching an all-time high of 23% in October. Community projects escape from CEX (Centralized Exchange) listing complications, while users find DEXs much easier to use.
Binance saw a sharp decline in spot and derivatives trading, marking its lowest market share in four years. Is this the inevitable readjustment as it falls into regulatory line? Or has the company seen too much upheaval?
Venezuela's Binance users are experiencing difficulty accessing the exchange website. It is unclear whether it was blocked intentionally or not, and what impact it will have on the country's monetary system.