Coinbase loses its grip: market share is falling despite enormous volume of

The presence of Coinbase gradually fell in 2025. The stock market established in the US started the year with a 7% share in the global crypto-trading market, but by July the dominance had fallen to only 5.8%.

Coin shares were employed when Coinbase could not benefit from a positive American regulatory sentiment.

Large volume, shrinking power

According to the latest report from Coetecko, this rejection of coinbase positions as the ninth biggest exchange worldwide. The trade volumes in July climbed to $ 101.7 billion, which reflects a June, but not enough to compensate for the shrinking market share.

Despite the power of the early year and the broader acceptance of digital assets, the crypto exchange has difficulty maintaining its leading position in the midst of growing competition from both domestic and international fairs, and challenges in maintaining users and trading activities.

Co -ringecko unveiled That trading activity on seven of the top 10 crypto exchanges fell in Q2 2025. Six of them turned out to have registered losses with double digits. Crypto.com led the fall by more than a volume of 61% of $ 560.2 billion in Q1 to $ 216.4 billion. Combined trading volumes over the top 10 fairs fell by 27.7%, a decrease of $ 1.5 trillion, causing the total volumes for the quarter to leave $ 3.9 trillion.

Binance surpasses Rivals

Binance continued to dominate centralized exchanges in July 2025, because it conquered nearly 40% of the total spot trade volume. The trade volume rose by 61.4% month by month to $ 698.3 billion, stimulated by a strong crypto-market momentum and Bitcoin that reached record heights.

For Q2, Binance had a market share of 38% in the top 10 fairs and generated $ 1.47 trillion in trade volume. However, the activity of the stock market remained with 21.6% compared to Q1, which registered $ 2.0 trillion.

Meanwhile, MEXC secured the second place between centralized exchanges for the month, because it registered $ 150.4 billion in mockery volume and a market share of 8.6%. The volume rose by 61.8% compared to the $ 93.0 billion of June-de on second best monthly performance after the $ 163.1 billion of May.

In the second quarter, Mexc processed $ 346.2 billion volume, an increase of $ 334.0 billion in the previous quarter. The exchange climbed from eighth place in Q1 to second in July.