Catenaa, Friday, June 20, 2025- Binance continues to cement its leadership in the cryptocurrency exchange landscape, handling the highest volume of altcoin and stablecoin deposits across Ethereum and TRON networks, according to new data from on-chain analytics firm CryptoQuant.
The report shows that Binance remains the dominant player for altcoin inflows, averaging around 13,000 transactions daily, more than double Coinbase’s 6,000.
During last year’s altcoin rally between November and December, Binance saw a single-day peak of 59,000 deposits—surpassing Coinbase’s 26,000 and all other exchanges combined.
CryptoQuant analysts say inflow surges often coincide with local market peaks, indicating that traders move assets to exchanges to capitalize on short-term price action.
Binance’s extensive altcoin listings and deep liquidity pools continue to attract both retail and institutional traders seeking fast execution during volatile periods.
In stablecoin activity, Binance also outpaces competitors on the Ethereum blockchain. It recorded 53,000 Ethereum-based stablecoin deposits in a recent period, compared to 42,000 at Coinbase, 28,000 at Bybit, and 11,000 at OKX.
These stablecoin movements suggest a build-up of capital for future trades, reinforcing Binance’s reputation as the primary gateway for crypto trading liquidity.
The dominance carries over to the TRON network, where Binance recently logged 384,000 USDT deposits in one week—outpacing Bybit’s 321,000 and HTX’s 163,000.
TRON’s low fees and high speed make it ideal for stablecoin transactions, and Binance’s position atop this traffic underscores its grip on the stablecoin trade.
