Global crypto trading volume in 2024 is estimated to exceed $108 trillion, nearly 90% higher than in 2022, according to a Coinwire report. The US holds the top spot for the highest estimated crypto trading volume in 2024, surpassing $2 trillion.

Crypto trading volume has increased by 42% since 2023, with the market expanding by 89% over the past three years. This growth reflects the increasing acceptance and adoption of digital assets worldwide, the report highlighted.

Europe leads in crypto trading, accounting for 37.32% of global transaction value, with Russia and the United Kingdom amounting to the largest volumes in the region. Turkey and India rank 2nd and 3rd globally, respectively, with both countries boasting trading volumes exceeding $1 trillion.

Asia ranks second in global crypto transaction value, contributing 36.17%. The region’s rapid uptake is attributed to high mobile penetration, rob

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Author: Gino Matos

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