Coinbase Market Share Slide Go Down To 5.8% Amid July Volume Surge
Coinbase market share for global crypto trading drop from 7% for January go down to 5.8% for July, put di US-based exchange for ninth place, na CoinGecko report tok. Even though trading volume jump 61% from month to month reach $101.7 billion for July, Coinbase market share waka strong as competition dey increase. Overall trading activity for seven of top 10 exchanges drop for Q2 2025, five platforms get volume decline wey reach double digits. Binance run spot trading for July with 40% share and $698.3 billion volume, MEXC come hold second place with $150.4 billion and 8.6% market share. Di data show say competition dey press hard and Coinbase dey face wahala to keep users plus trading activity, e show how global crypto exchange landscape dey change.
Neutral
Even though di volume surge dey show say crypto trading activity strong, Coinbase market share drop dey show say competition pressure dey from lower-fee or region-focused exchanges. Historically, when big exchanges lose share—like how Bitfinex decline for 2018—trading volumes dey redistribute instead of contract, which dey keep overall market momentum intact. For short term, Coinbase fit face bearish sentiment about im fee revenue and COIN performance, but di broader crypto market still stable. For long term, intensified competition fit benefit traders through lower fees and innovation, supporting a neutral impact on market stability as users dey adapt to alternative platforms.