TechFlow reported on January 12 that CryptoQuant analyst Burakkesmeci stated the altcoin trading volume share (excluding BTC and ETH) on Binance has reached 77.83%. This figure has been steadily rising since May 2024, increasing from 50.8% to 66.77% by August 2024, and further climbing to 73.87% in November.
The analyst believes that increased retail participation has driven the sustained growth in altcoin trading volume share, a trend likely to continue into 2025, potentially fueling a new bull market for altcoins.




