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Others volume on Binance hits 77%: Is an altcoin bull run coming?
Analyzing the trading volumes of Binance trading pairs, it is evident that interest in altcoins has been steadily increasing since May 2024. Retail Interest and Altcoin Dominance With growing retail participation, the dominance of altcoins (others, excluding Bitcoin (BTC) and Ethereum (ETH)) in Binance trading volume has consistently risen, reaching 77.83% as of January 2025. This trend highlights the growing shift of investor focus towards altcoins on the largest exchange by trading volume. Historical Data May 2024: 50.8% August 2024: 66.77% November 2024: 73.87% January 2025: 77.83% Conclusion The consistent growth in altcoin trading volume on Binance reinforces confidence in the potential for an altcoin bull market in 2025. With retail interest gaining traction, the altcoin market could continue to build strong momentum in the coming months.