Richard

2024

Binance’s latest Global User Survey revealed that almost half of its users joined the crypto market in 2024. Meanwhile, around 23.89% respondents believe AI tokens will lead the crypto market in 2025, followed closely be meme coins.
On Dec. 19, <a rel="noopener noreferrer nofollow" href="https://crypto.news/tag/binance/">Binance</a> released the results from its global survey involving more than 27,000 users from Asia, Australia, Europe, Africa, and Latin America. The <a rel="noopener noreferrer nofollow" href="https://crypto.news/tag/exchange/">crypto exchange</a> found that a large majority of its users are new to crypto. Around 24.52% of users entered the space in the past six months, while 20.60% just joined within the past year. New crypto adopters make up 45% of Binance’s survey respondents.
Approximately 43.97% of them have invested less than 10% of their funds into crypto, while 24.33% only store between 10% and 25% of their wealth in crypto assets.
The survey found that 23.89% of participants have confidence in the emergence of <a rel="noopener noreferrer nofollow" href="https://crypto.news/tag/ai/">AI</a> tokens to lead the crypto market in 2025, <a rel="noopener noreferrer nofollow" href="https://crypto.news/tag/meme-coin/">Meme coins</a> are also a strong contender as 19.09% of respondents are certain of a potential rise in the next year. <a rel="noopener noreferrer nofollow" href="https://crypto.news/tag/defi/">DeFi</a> tokens and layer 1 tokens make up the remaining 24%.
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When it comes to popularity, Binance found that meme coins are a favorite among traders, with 16.1% of respondents holding them. Bitcoin (<a rel="noopener noreferrer nofollow" href="https://crypto.news/price/bitcoin/">BTC</a>) is the second most favored <a rel="noopener noreferrer nofollow" href="https://crypto.news/tag/cryptocurrency/">cryptocurrency</a>, with 14.44% identifying as BTC holders. Surprisingly, Binance Coin (<a rel="noopener noreferrer nofollow" href="https://crypto.news/price/bnb/">BNB</a>) was able to beat Ethereum (<a rel="noopener noreferrer nofollow" href="https://crypto.news/price/ethereum/">ETH</a>) as the third most popular asset, with 14.23% of participants holding it.
The survey also revealed that overall confidence in wider crypto adoption is growing.
Nearly 20% of respondents expect more <a rel="noopener noreferrer nofollow" href="https://crypto.news/tag/crypto-bill/">crypto regulations</a> to arise in 2025, while 16.1% expect more traditional financial institutions and investors will enter the crypto space. Moreover, approximately 16.51% believe there will be more implementation of blockchain technology in real-world applications.
Most of the respondents admit that the rapidly growing potential of the cryptocurrency was what drew them into joining the space, around 22.4%. Meanwhile, the decentralized nature of crypto drove 18.78% to invest in crypto. Finally, 17.16% of participants c cited the speed and ease of crypto transactions as reasons for adopting crypto.
As previously <a rel="noopener noreferrer nofollow" href="https://crypto.news/binance-ceo-says-users-deposited-over-21b-to-the-exchange-in-2024/">reported</a> by crypto.news, Binance’s CEO Richard Teng stated that the crypto exchange saw a 40% increase in user fund deposits, amounting to $21.6 billion in value across 2024 indicating more crypto transactions were processed in the past year compared to the previous one.
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Binance survey: 45% new users joined in 2024, AI tokens heralded as most popular pick to lead 2025

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