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Kraken's market share on dollar-backed exchanges rises to 29%

According to data from The Block, Kraken has gained strong momentum over the past month, with its market share in dollar-backed exchanges climbing from 19% to 29% since the beginning of the year. Recently, Kraken's growth momentum has further accelerated. In the past five months, Kraken's share of trading volume has continued to increase, while monthly trading volume has remained above US$20 billion.

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