Key Takeaways
- AI tokens were favored as the category of tokens with the highest potential in the market according to a survey by Binance involving 27,230 respondents.
- Nearly 45% of survey figures joined the cryptocurrency space in 2024.
- A sizeable number of respondents expect more regulation in 2025.
Binance the largest crypto exchange by market capitalization carried out a Global survey involving 27,230 respondents recently.
The Exchange published Data from the survey revealing that up to 24% of respondents engaged believe AI tokens have the best potential in the market going into 2025.
The exchange published its findings in a blog post providing insights insights on promising crypto categories, crypto regulations next year, and expectations for the crypto market in 2025.
AI Tokens voted most promising crypto category for 2025
The survey revealed that 23.89% of the 27,230 respondents selected AI tokens as the category of Tokens set to lead the market growth in 2025.
The respondents believe AI tokens have the most upward potential in the market going into 2025.
Memecoins was voted second by 19% of respondents as the next best thing in the crypto market behind AI tokens. DeFi tokens came in third at 12.37% and layer-1 tokens at 12.28%.
2025 Expectations for the Crypto Market
The survey further revealed expectations from the respondents for the crypto market.
A huge portion of the respondents expect the crypto industry to mature and gain more real-world relevance in 2025.
19.39% of the respondents expect increased regulations for the industry in 2025 while 16.1% anticipate more participation in crypto from traditional financial institutions.
Finally, 16.51% see more implementation of blockchain technology in real-world cases.
Massive Adoption by New Users in 2024
The survey revealed a heightened adoption of cryptocurrency in the year 2024. Nearly half (45%) of respondents said they joined the crypto market in 2024.
24.52% of the above figure joined the crypto space in the last 6 months while 20.60% within the past year.
43.97% of respondents have allocated less than 10% of their collective wealth to crypto, while 24.33% hold between 10% and 25% in crypto assets.
Binance Spot leads in Global Utility
The survey finally revealed that Binance Spot trading is the most widely used product among respondents.
25.89% of the respondents use Binance spot daily. Binance Earn follows suit with 25.34% of users actively using the feature to grow their portfolio.
Binance Convert claimed the third spot, with 17.33% of respondents choosing it as their preferred tool for seamless crypto conversions.
The above results speak to Binance’s diverse utility and real-world use case for its global user base.
Binance remains the largest crypto exchange by market capitalization and trading volume. The Global Crypto User Survey by Binance is a good example of the platform using its extensive reach to curate insights that help us all make sense of the crypto market.
