neutral
Recently
Coinbase sustains US crypto trading leadership despite multiple competitor listings reshaping exchange market structure

Coinbase remains the leading US crypto exchange by volume and retail adoption despite rising competition, supported by liquidity scale and regulatory trust advantages.
Coinbase continues to hold its dominant position in the United States crypto exchange landscape even as rival firms go public and broaden product offerings. Analysts attribute Coinbase’s share stability to deep institutional liquidity pools, unified product ecosystem scale, and superior retail adoption driven by brand familiarity. The exchange also benefits from compliance alignment credibility, enabling smoother institutional participation during volatile crypto phases. Industry trackers said Coinbase’s sustained lead highlights the increasing divergence between US-based regulated exchanges and offshore venues misaligned with upcoming policy, custody and consumer protection frameworks.