Binance survey: 45% new users joined in 2024, AI tokens heralded as most popular pick to lead 2025

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As a seasoned researcher with a keen interest in the ever-evolving world of cryptocurrencies, I find these findings from Binance‘s Global User Survey both intriguing and enlightening. With over two decades of experience in finance and technology, it’s fascinating to witness the rapid adoption of digital assets, particularly in 2024 as suggested by the survey results.

According to Binance’s recent global user poll, it was found that nearly half of its users entered the cryptocurrency market during the year 2024. Additionally, approximately a quarter (23.89%) of respondents anticipate that AI-based tokens will dominate the crypto market in 2025, with meme coins coming in at a close second.

On December 19th, Binance shared findings from a global survey it conducted with over 27,000 participants from regions like Asia, Australia, Europe, Africa, and Latin America. The findings revealed that the vast majority of Binance’s users are relatively new to the world of cryptocurrencies. In fact, about one-quarter (24.52%) of users entered the crypto space within the past six months, while another 20.60% joined recently within the last year. Taken together, approximately 45% of Binance’s survey respondents are newly minted cryptocurrency adopters.

About 43.97% of these individuals have put less than ten percent of their investments into cryptocurrencies, while roughly a quarter (24.33%) keep between 10% and 25% of their total wealth stored as crypto assets.

The survey revealed that approximately one quarter (23.89%) of participants believe AI-based cryptocurrencies will dominate the market by 2025, while meme coins are seen as a promising option by around 19.09% of respondents who anticipate an increase in value within the next year. The remaining 24% of participants expressed faith in DeFi and layer 1 tokens.

According to Binance’s findings on preference, meme coins are highly sought after by traders, accounting for approximately 16.1% of the respondents who own them. Bitcoin (BTC) follows closely behind as the second most preferred cryptocurrency, with around 14.44% of the participants identifying as BTC holders. Interestingly, Binance Coin (BNB) managed to surpass Ethereum (ETH) in popularity, with about 14.23% of the respondents holding it.

The survey also revealed that overall confidence in wider crypto adoption is growing.

Approximately 20% of those surveyed anticipate increased cryptocurrency regulations in 2025, while around 16.1% foresee a higher number of traditional financial institutions and investors joining the cryptocurrency market. Furthermore, roughly 16.51% are optimistic about greater adoption of blockchain technology in practical, real-world scenarios.

Approximately a fifth (22.4%) of the respondents mentioned that the rapid growth potential of cryptocurrency attracted them into this field. Similarly, around 18.78% were motivated by the decentralized aspect of cryptos to make their investments. Lastly, roughly one in six participants (17.16%) pointed out the swiftness and simplicity of crypto transactions as key factors that led them to embrace cryptocurrencies.

Speaking as a cryptocurrency investor, I’ve noticed some intriguing developments recently. As crypto.news previously reported, Binance’s CEO, Richard Teng, disclosed a significant surge in user deposits – a whopping 40% increase! This translates to an impressive $21.6 billion worth of funds deposited across 2024. What this means is that the platform processed more crypto transactions last year compared to the one before it. Quite a remarkable growth indeed!

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2024-12-19 16:08