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Europe emerges as the dominant force in the global cryptocurrency market, holding 37.32% of the total transactional value, as detailed by Coinwire. This achievement is largely fueled by Europe’s advanced regulatory environment and a technologically adept population. Following Europe closely, Asia contributes 36.17%, driven by high mobile usage and strong tech infrastructure. Notably, Europe’s trading volume in 2024 reached a staggering $40.51 trillion, with Russia leading at over $633 billion.
Slovenia distinguishes itself within Europe, boasting the highest cryptocurrency spending per internet user. Slovenians, on average, invest $2,609 monthly in crypto, showcasing a robust belief in digital assets and favorable local regulations. Additionally, despite ongoing conflicts, Ukraine maintains significant activity, with a trading volume around $442 billion, indicating strong market engagement relative to economic conditions.
Binance holds its position as the top global crypto exchange with a volume of $2.77 trillion. Its extensive reach and operational base in over 100 countries underline its pivotal role in the crypto trading landscape, further establishing the growing influence and acceptance of cryptocurrencies worldwide.
