Coinbase’s market presence has gradually declined throughout 2025. The US-based exchange began the year holding a 7% share of the global crypto trading market, but by July, its dominance had fallen to just 5.8%.
COIN shares slumped as Coinbase failed to capitalize on positive US regulatory sentiment.
Big Volume, Shrinking Power
According to the latest report by CoinGecko, this decline positions Coinbase as the ninth-largest exchange globally. Trading volumes in July climbed to $101.7 billion, reflecting an increase from June but not enough to offset its shrinking market share.
Despite its early-year strength and the broader adoption of digital assets, the crypto exchange has struggled to maintain its leading position amid growing competition from both domestic and international exchanges, as challenges in retaining users and trading activity grow.
CoinGecko revealed that trading activity on seven of the top 10…
