Condividi questo articolo
Coinbase Trading Volume Increases in January While Other Exchanges See Declines: JPMorgan
Coinbase’s reputation as one of the more trustworthy exchanges in the U.S. has helped it following the collapse of rival FTX.
Di Helene Braun
Trading volume on Coinbase picked up in the early weeks of 2023, while other exchanges saw continuing declines, analysts at JPMorgan found, a sign that Coinbase’s reputation as a trustworthy exchange is paying off after the collapse of rival exchange FTX.
The U.S.-based crypto exchange saw a small but noteworthy increase in average daily volume (ADV) of $1.6 billion so far in January, which is a 0.3% increase from the previous quarter. By comparison, other U.S. exchanges such as Kraken and Gemini saw declines of 13% and 46% respectively, according to JPM data.
STORY CONTINUES BELOW
Non perderti un'altra storia.Iscriviti alla Newsletter Crypto Daybook Americas oggi. Vedi tutte le newsletter
Coinbase’s slight uptick in trading volume also signals change in direction given that the exchange saw an ongoing decline in volume in 2022.
“We think Coinbase has been cultivating a reputation as a reputable, trusted intermediary for some time,” analysts at JPMorgan wrote. “We think that reputation is helping to drive greater market share as activity levels rebound.”
Competitors of Coinbase, including Binance and Gemini, are grappling with the ripple effects of FTX’s collapse, which has triggered increased scrutiny over unregulated exchanges in the industry, making Coinbase one of the few options for investors to trade crypto without significant risk of fraud.
“Unlike a number of Coinbase’s high-profile peers, Coinbase did not have direct exposure to FTX and was insulated from the direct legal and reputational fallout from its demise,” JPM wrote.
Read more: Coinbase Could Be One of Crypto's Long-Term Survivors
Di più per voi
Cosa sapere:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Di più per voi
From Wall Street to the World Cup: How Football Became Crypto’s Biggest Gateway Drug
As institutions are laying the groundwork for wider crypto adoption from the top down, it’s being met by rising interest from football fans from the ground up.
Top Stories
