Binance's Dwindling Market Share And The Explosive Growth Of Friend.tech | Full Video

Institutional•October 11, 2023, 9:46AM EDT
Binance's Dwindling Market Share And The Explosive Growth Of Friend.tech | Full Video
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Each month, The Block Research hosts a Market Update reviewing the most important topics from the month prior. You can register for future market updates here.

During this call, The Block Pro Research Analyst and author of the Data & Insights newsletter, Rebecca Stevens, unpacks what the data reveals about market trends for September. This includes looking at declining spot volumes across the market and Binance's dwindling market share. Rebecca also dives into how the highly anticipated ether futures ETFs are faring post-launch. Then, Brad Kay, The Block's NFTs and GameFi Analyst, dives deep into the explosive growth of Friend.tech both in revenue and user base, along with its sizable contribution to Base's network fees. He also highlights ethical dilemmas stemming from bot exploitation and the platform's pricing strategy.

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