Binance 24-hour trading volume and news highlights
In the past 24 hours, Binance's trading volume has remained strong, highlighting its leading position in global crypto trading. According to CoinGecko data, the spot trading volume reached $12.8 billion, a decrease of 20.8% compared to the previous day, but the futures trading volume rebounded strongly to $57.4 billion, accounting for 82% of the total, with an overall daily trading amount exceeding $70 billion. The BTC/USDT trading pair leads in volume, reaching $1.64 billion, followed closely by ETH/USDT at $1.45 billion. The BNB price slightly increased by 1.42% to $843.5, with a market capitalization of approximately $126.7 billion, benefiting from ecosystem expansion. The platform's reserves exceed $171 billion, ensuring ample liquidity. Despite market volatility, Binance users remain highly active, with over 70 million sessions in 24 hours, and API quantitative trading accounting for 65%.
News highlights are frequent, as Binance announced on December 3 that Yi He was promoted to co-CEO, sharing leadership with Richard Teng. This move strengthens marketing and venture capital layout, boosting the BNB Chain ecosystem. The Binance Junior account for teenagers has launched, targeting users aged 5-17, providing crypto education and savings features under parental supervision, supporting assets like BTC/USDT for 'collecting money - transferring money - saving money.' Although there are currently no trades, it marks an acceleration in Web3 financial enlightenment. On the regulatory front, Brazil's central bank approved Binance's acquisition of a brokerage, granting the 21st global license, promoting expansion in Latin America.
At the same time, the Alpha project is booming: Binance Holder surged by 293%, the price of Irys perpetual contracts skyrocketed by 80% after launch, and the Kyuzo’s Friends airdrop fully refunded Alpha points due to technical issues. New listings like Lorenzo Protocol (BANK) and Meteora (MET) lead in DeFi and AI tokens, with AGLD/ATA/ADA increasing by 21%/13%/12%, respectively. CZ reiterated the vision of the 'will function' on X, emphasizing compliance in the inheritance of platform assets.
These dynamics suggest that Binance is transforming from a trading hub to an educational ecosystem, with BNB potentially surging to $1,000. Investors may focus on Junior and Alpha opportunities but should be wary of short-term pullbacks while embracing long-term growth.
