Binance’s Dominance Weakened by Gate.io Surge in CEX Market Share

CoinGecko’s latest report reveals a dynamic landscape within the centralized exchange (CEX) sector. While Binance maintains its leading position, a significant shift has occurred in market share rankings, spotlighting Gate.io’s impressive rise. Gate.io secured second place with a remarkable 9% market share and a trading volume exceeding $113 billion, signaling its dramatic turnaround after a prolonged decline earlier this year. 2025 began with an overall downturn across major exchanges, but the CEX battleground remains fiercely contested.