Binance Roars Back: 45% Market Share Revival Ignites Crypto Bull Run
Binance just pulled off the comeback story of 2025—reclaiming a staggering 45% of global crypto trading volume. The exchange’s resurgence has traders dusting off their moon memes and analysts scrambling to upgrade price targets.
How the Phoenix Rose
Regulatory battles? Fee structures? Doesn’t matter. Retail and institutional money is flooding back into Binance like it’s 2021 all over again. The platform’s liquidity depth is swallowing smaller rivals whole—sorry, 'decentralized' purists.
Wall Street’s Late (As Always)
Traditional finance desks are reportedly 're-evaluating exposure' (translation: begging compliance for permission to chase the rally). Meanwhile, Binance’s BNB token is quietly outperforming half the S&P 500 this quarter—not that your financial advisor would notice.
The bottom line: When the crypto casino’s biggest table starts printing again, even the skeptics check their FOMO at the door.

- Binance climbs to 45% market share, nearing a flip over all rival exchanges and signaling bullish potential.
- Positive net flow returns to Binance after months of outflows, hinting at renewed trader confidence.
- Institutional interest and improved compliance drive Binance’s rebound, but market-wide caution remains.
Binance has rebounded strongly in the Bitcoin spot market, increasing its market share to close to 45% in July compared to 40% in April. This influx has quickly placed Binance in a position to flip the aggregated volume of the rest of the exchanges. According to market analysts, this move is a possible precursor of a new bullish cycle of Bitcoin.
Crypto analyst Joao Wedson highlighted that Binance will regain the foothold that it had at the end of 2023. bitcoin had another start to a multi-week rally at that time. This historical connection has attracted the interest of traders and currently, they are closely observing whether the current boom will have the same breakout.
Source: X
Binance’s Net Flow Reversal Signals Growing Confidence
Spot Volume Delta information of the past few days confirms this tendency. Binance experienced months of negative net flow, i.e., outflows where the volume off the platform exceeded the volume of money on the platform.
Source: X
The platform is currently giving some positive inflows sporadically, though, which is a good sign that traders are starting to come back. This change is not only temporary, but it is believed that there may be a reversal of market treatment in favor of Binance.
Binance Spot Dominance Hits Peak
The distribution charts based on percentages prove the increasing power of Binance. The platform currently has the strongest position on the spot market in almost a year. Such growth of market share often implies higher liquidity and a narrower trading spread. The institutional investment community, in particular, finds these conditions conducive, often needing some level of back-up and large order books to facilitate large trades.
Source: X
Meanwhile, the absolute volume chart shows that despite the market share being gained by exchange, the overall spot market volume is yet to reach the levels seen at the end of 2024 and at the beginning of 2025.
Source: X
Analysts believe that institutional interest could be the driving force behind exchange recovery. The enhanced compliance processes of exchange and changes to the platform could have been successful in restoring user confidence. To the extent that retail traders are following this trend and Bitcoin is showing signs of strength at current prices, a prolonged trend upwards may be on the cards.
Binance has been leading the recovery, which is attracting the attention of the whole crypto space. The broader trends can be affected by its ongoing increase in market share. It is yet unclear whether this will be the start of a bigger bull market, but things are getting too hard to dismiss.