Binance, the world’s largest cryptocurrency exchange, has started the new year with a landmark achievement. The exchange has reached 250 million users, reflecting its growing influence and widespread adoption in the cryptocurrency ecosystem.
This milestone highlights Binance’s continued efforts to expand its user base and drive mass adoption of digital assets. Celebrating the year in a tweet, Binance CEO Richard Teng wrote,
“What a year! Thank you all for your support; we now serve over a quarter billion users, which is amazing.” We owe a debt of gratitude to all the members of our community for making this possible. Combined, we are closer to realizing the NexaTBS vision of onboarding the first billion users of the new site and, specifically, the new administration. Let’s embrace the peak in a mumble scheme, saying cheers for a much bigger 2025.”
Also Read: Shibarium Gains Traction as Daily Transactions Reach New Heights in 2025
Binance’s Road to 1 Billion Users
The announcement comes on the heels of a successful 2024 for Binance and the broader cryptocurrency market. Some of the cryptographic currencies hit their all-time high during the year, underscoring the success of the industry.
Binance’s official X handle further emphasized the significance of this milestone, remarking, “1 billion users are the benchmark for mass adoption, and today we’ve reached an incredible milestone: 250 million users—one-quarter of the way there.”
This makes Binance one of the leading players in the expansion of the industry around the world. The exchange has had a continuous practice of offering new features in trading and trading opportunities, hence carving its niche in the industry.
New Announcements Mark Binance’s Start to 2025
Binance has also revealed several significant developments to mark the start of 2025. On January 2, the exchange released new future contracts with up to 75x leverage. These include the GRIFFAINUSDT Perpetual Contract at 1: The AI16ZUSDT Perpetual Contract will take place at 30 p.m. UTC, the Perpetual Contract for 1:45 p.m. UTC, and the ZEREBROUSDT Perpetual Contract at 2:00 p.m. UTC.
This expansion of trading options underscores Binance’s commitment to offering diverse and advanced tools for its users. Additionally, Binance announced updates to its token management strategy, adding StormX (STMX) and TROY (TROY) to its Monitoring tag list based on recent reviews.
Tokens with this tag are closely monitored for volatility and may face delisting if necessary. Meanwhile, Convex Finance (CVX) and Sun (SUN) will be removed from the Monitoring tag list, and Arkham (ARKM), Blur (BLUR), Jito (JTO), and Celestia (TIA) will no longer carry the Seed tag.
Conclusion
Binance’s milestone of 250 million users highlights its leading role in the crypto industry as the exchange continues to adapt and innovate with new futures listings and updates to token management. As Binance works toward its vision of onboarding 1 billion users, it remains a key player in advancing cryptocurrency adoption worldwide.
Also Read: Crypto Market Anticipates Bull Run with Trump Administration’s Pro-Crypto Agenda
