This upward trend is mirrored across other authoritative crypto data platforms. HTX's CoinGecko ranking soared from 13th to 7th.
May saw HTX, a leading cryptocurrency exchange, continue its rapid ascent in global rankings, rising to 7th on CoinGecko, 9th on CoinMarketCap (CMC), 6th on DefiLlama (North America-focused), and 3rd on CryptoRank (popular in the CIS region). This upward trend is mirrored across other authoritative crypto data platforms.
This consistent ascent in global rankings throughout 2024 underscores HTX's steadfast dedication to user asset security, innovative product development, strategic global expansion, and robust service infrastructure.
HTX's commitment to user security is evident in the successful recovery of all user assets following a recent incident. Moreover, HTX has been actively engaged with relevant authorities to conduct investigations and cooperate fully in recovering misused user assets.
May also saw HTX sharpen its edge in new asset listings, product innovation, and industry research.
HTX listed 23 new assets in May, covering stablecoins, meme coins, RWA/DeFi, and InfoFi/AI sectors. Among them, USD1, issued by WLFI and the first to be listed on a global crypto exchange, quickly gained traction as one of May's most discussed projects on social media. Meanwhile, SYRUP (Maple Finance), a key RWA/DeFi player, saw an impressive 117.7% surge after its May 8 listing. B2, the first meme coin to use the USD1 pool, posted a 40% gain. Other projects, like SOON and NXPC, maintained high social media discussion during their listings, leveraging strong community engagement and platform traffic.
HTX rolled out several key product enhancements in May to improve the user experience. These optimizations included launching SEO-optimized Token Detail pages, adding support for custodial sub-account functionality, and implementing multi-asset collateral for margin trading.
In May, HTX Ventures, the global investment arm of HTX, released "Industry Insights: Crypto Challenges and Opportunities Amid Macro Noise". This insightful report offers a detailed analysis of key trends and opportunities shaping the current crypto market cycle. Concurrently, HTX Research, the research arm of HTX, published "The New Macroeconomic Landscape and Bitcoin Outlook: An Analysis of Liquidity, Risk Appetite, Policy Dynamics, and Investment Strategy". This comprehensive publication dissects the global macroeconomic environment's influence on the Bitcoin market, assisting global investors in navigating the new market cycle's potential risks and opportunities.
Despite the complexities of the macroeconomic environment and the evolving regulatory landscape, which posed significant challenges for crypto exchanges in May, HTX remained focused on providing a secure and transparent trading environment for its users.
