THE 2024 crypto hype, driven by increased regulatory clarity, technological advancements, and broader market adoption, has been quite strong, helping global crypto exchange revenues to almost double compared to last year. In 2024, crypto exchanges are expected to gross $56.7 billion, or 90 percent more than in 2023. However, the market projections for the next year are not that optimistic.

According to data presented by Stocklytics.com, global crypto exchange revenues are expected to plunge by more than $11 billion or 20 percent in 2025.