Binance market share declines for 2nd year as BNB remains best-performing exchange token

Binance, the biggest centralized exchange (CEX) by volume, continues to lose ground in market share for the second year in a row. Right now, the exchange holds 39.54% of the total spot trading market, down from 52.5% last year — a 13% drop in just 12 months. But Binance’s native token, BNB, is standing firm

Source: Cryptopolitan