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  Posted by u/ 12 months ago

Binance Faces Erosion in Market Dominance with 10% Decline in Trading Volume Amidst Rising Competition: Report

According to the November 6 report by blockchain analytics firm 0xScope, Binance's dominance has weakened over the past year, with a continuous decrease in trading volume, particularly in the last three months, experiencing a roughly 10% decrease overall in market share.

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