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

Binance’s latest Global User Survey revealed that almost half of its users will join the crypto market in 2024. Meanwhile, around 23.89% of respondents believe that AI tokens will lead the crypto market in 2025, followed closely by meme coins.

Binance announced the results of a global survey of more than 27,000 users from Asia, Australia, Europe, Africa and Latin America on December 19. The crypto exchange found that the vast majority of its users are new to crypto. Approximately 24.52% of users have joined this space in the last six months, while 20.60% have joined in the past year. New crypto adopters make up 45% of respondents to Binance’s survey.

Approximately 43.97% invest less than 10% of their funds in crypto, while 24.33% keep only 10% to 25% of their wealth in crypto assets.

The survey revealed that 23.89% of respondents are confident that AI tokens will emerge to lead the crypto market in 2025. Meme coins are also a strong contender, as 19.09% of respondents are confident of a potential increase next year. DeFi tokens and tier 1 tokens make up the remaining 24%.

When it comes to popularity, Binance found that 16.1% of survey respondents say meme coins are an investor favorite. Bitcoin (BTC) is the second most preferred cryptocurrency, with 14.44% identifying as BTC holders. Surprisingly, Binance Coin (BNB) managed to overtake Ethereum (ETH) as the third most popular asset, with 14.23% of participants holding it.

The survey also found that overall confidence in wider adoption of cryptocurrency is increasing.

Nearly 20% of survey respondents expect more crypto regulations to emerge in 2025, while 16.1% expect more traditional financial institutions and investors to enter the crypto space. Moreover, around 16.51% believe there will be greater application of blockchain technology in real-world applications.

Most survey respondents admit that the rapidly growing potential of cryptocurrency is what drives them to join the space, around 22.4%. Meanwhile, the decentralized nature of crypto led to 18.78% investing in crypto. Finally, 17.16% of respondents cited the speed and ease of crypto transactions as reasons for adopting crypto.

As previously reported by crypto.news, Binance CEO Richard Teng said that the crypto exchange has seen a 40% increase in user fund deposits, reaching $21.6 billion by 2024, which is more than last year compared to the previous year. He stated that it showed that the crypto transaction was processed. .