The global cryptocurrency exchange platform market is poised for substantial growth, with projections indicating a rise from $45 billion in 2023 to $110.12 billion by 2028. This represents a Compound Annual Growth Rate (CAGR) of 16.08% over the period from 2022 to 2028, according to the “Cryptocurrency Exchange Platform Market – Global Outlook & Forecast 2023-2028” report by ResearchAndMarkets.com.
Crypto Gaming Fuels Exchange Demand
The online gaming realm has witnessed a notable uptick in 2023, with cryptocurrencies becoming integral to in-game economies. The emergence of PlayToEarn (P2E) games, which reward players with digital tokens based on in-game accomplishments, has further intensified the demand for cryptocurrency exchange platforms. Players are increasingly looking to convert or trade these digital assets.
Blockchain’s Broadening Influence
Blockchain technology, known for its robust security and transparency, is seeing…