Recent trading volume trends across major cryptocurrency exchanges show varied shifts as of March 24, 2025. Binance, maintaining its lead, saw a modest 2.3% increase in December 2024, reaching $1 trillion in spot trading volume. Crypto.com surged by 12.7%, hitting $322.3 billion, securing its position as the second-largest exchange. Upbit followed with a notable 22% rise to $282.7 billion. Meanwhile, exchanges like Bybit and OKX continue to compete, though specific monthly changes remain less detailed. Overall, 2024 volumes grew significantly, especially pre-U.S. elections, yet haven’t hit 2021 peaks. Regulatory pressures and market dynamics, including Bitcoin’s dominance, influence these trends, with Crypto.com’s rise tied to institutional trading and global reach, while Binance’s growth remains steady despite legal challenges.