Binance Dominates Crypto Inflows in Rally
Binance saw 59K daily altcoin deposits in Nov–Dec rally. This week, TRON’s USDT volume reached 384K txs—outpacing Bybit & HTX combined.
- Binance averaged 59K altcoin deposits per day during Nov–Dec.
- Coinbase lagged with just 26K deposits daily over same period.
- TRON recorded 384K USDT transactions this week—more than Bybit and HTX combined.
Binance Leads Crypto Inflows
In the recent Nov–Dec market rally, Binance crypto inflows clearly outpaced its competitors. Investors moved toward altcoins, depositing an average of 59,000 altcoin transactions per day on Binance. In contrast, Coinbase saw only about 26,000 altcoin deposit transactions per day during the same period. This significant discrepancy highlights Binance’s dominant position when it comes to attracting altcoin capital.
TRON’s USDT Surge Versus Competitors
This week, TRON recorded a massive 384,000 USDT (Tether) transactions—a clear indicator of robust trading volume and network activity. To put that into perspective, this figure outstripped the combined total USDT transactions on Bybit and HTX. The surge underlines TRON’s growing role as a preferred rails for Tether transfers, especially for traders and DeFi participants who rely on fast, low-cost stablecoin transactions.
What This Means for Crypto Flows
- Investor preference matters: Binance’s higher altcoin deposit count shows traders favor its liquidity, lower fees, and range of tokens.
- Stablecoin highways shift: TRON’s record USDT txs suggest stablecoin traffic is moving off Ethereum and centralized banks onto cheaper, faster blockchains.
- Competitive implications: Coinbase needs to respond to Binance’s dominance, while TRON’s rise challenges Bybit and HTX in stablecoin use cases.
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