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- Binance adds 25 million users in just five months, crossing the 275 million mark.
- CEO Richard Teng celebrates the milestone with a message of gratitude on X.
- Growth signals strong global interest in crypto despite a slightly slower pace than late 2024.
Binance has amazed the global crypto industry by confirming that its user base has reached over 275 million. The news has increased interest in how quickly and effectively the platform is growing in the digital asset sector.
The CEO of Binance, Richard Teng, recently wrote on X that this milestone demonstrates worldwide interest in cryptocurrencies. It means a lot that you are here for our incredible journey. Teng wrote, “Onward!” to mark the community’s new milestone.
The increase in user numbers also suggests that Binance remains a top choice for individuals entering the crypto market. It took Binance only 12 months to add another 50 million users, going from 200 million in June 2024 to 250 million by the year’s end. During the last five months, another 25 million people have joined the platform, pointing to a steady and important rise.
The rate at which users were added to Edge slowed down compared to the boom of six months ago, when it welcomed 50 million new users. Regardless, Binance’s consistent growth and attractiveness as a platform are clearly proven by the addition of 25 million users in a short time.
User Growth Underscores Binance’s Expanding Market Influence
with the cryptocurrency industry as a whole, Binance’s fast growth is being driven by stronger interest from retail investors as well as from institutions. Thanks to greater awareness, more access to blockchain tools and increased interest in digital finance, more people are being onboarded.
The jump in user numbers also suggests that Binance remains a top choice for individuals entering the crypto market. Since more than one out of every four of its new users have been signed up, the platform seems ready to achieve its long-term aims.
The latest increase has made Binance more visible to financial professionals everywhere. It ensures that growth on the platform is being matched by the same shift across the digital sector.
Crypto observers have reacted strongly to the milestone, pointing to the platform’s consistent ability to attract users even amid changing regulatory and market environments. Binance’s success clearly points to rising interest in digital assets around the world.
Passing 275 million registered users amazed many people in the crypto space. The number of people using the platform demonstrates how it is becoming central to the world’s use of cryptocurrencies.
Also Read: Binance CEO Warns Crypto Users After $2B Stolen in New Scam Attacks
