Will Kraken be the 3rd largest crypto exchange market at the end of 2025?
4
130Ṁ13
Jan 1
51%
chance

Measured by Spot Trading Volume
https://coinmarketcap.com/rankings/exchanges/

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Hard to say whether Kraken will reach #3 by the end of this year. Binance, MEXC, and Gate are still ahead in trading volume, but Kraken’s EU license and NinjaTrader acquisition show serious growth potential. Even if it doesn’t hit third, it’s definitely strengthening its global position.

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