Binance has bounced back, boasting the highest spot and derivative trading volumes in three years.
BNB remains strong, with prices hovering around $592 and market capitalization exceeding $87 billion.
Binance, the renowned cryptocurrency exchange, has exhibited a remarkable resurgence in recent months, according to recent reports from CCData. The data indicates a significant surge in both spot and derivative trading volumes, propelling Binance to the forefront of the cryptocurrency market once again. 
In March alone, combined spot and derivatives trading volume on centralized exchanges soared by an impressive 92.9%, reaching a new all-time high of $9.12 trillion. This surge signifies a substantial recovery for Binance, with its spot trading volume witnessing a staggering 121% increase to $1.12 trillion, marking the highest levels since May 2021. Derivatives trading volumes also experienced a notable uptick, rising by 89.7% to $2.91 trillion, reaching levels not seen since May 2021.
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