Coinbase statistics highlight not just growth but resilience in a shifting crypto landscape. In two real-world examples, major financial firms use Coinbase data to understand consumer trends, while regulators leverage its verified-user metrics to evaluate market exposure. These numbers cut through uncertainty with clarity, and now, readers are invited to dig deeper into the insights that follow.

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Coinbase reported approximately 120 million monthly platform visits in 2025, an increase of 20% over the 96 million figure for 2024.
8.7 million monthly transacting users (MTUs) in Q2 2025.
$6.71 billion trailing twelve‑month (TTM) revenue as of mid‑2025.
108 million verified users reported in 2024.
$404 billion in digital assets under management by the end of 2024.
Coinbase custodies over 12% of the circulating Bitcoin supply and approximately 11% of all staked Ether, making it one of the largest custodians globally.
As of March 2025, Coinbase operated 11.42% of all Ethereum validator nodes, making it the single largest staking provider by market share.

Recent Developments

In May 2025, Coinbase joined the S&P 500, marking a milestone in its public evolution.
That same month, the company acquired Dubai-based derivatives exchange Deribit in a ~$700 million cash plus ~$2.2 billion stock deal, total of ~$2.9 billion.
In March 2025, Coinbase claimed the largest node operator spot on Ethereum, controlling 11.42 % of staked Ether.
Also in May, a cyberattack may cost up to $400 million in remediation after affecting under 1% of transacting users. Coinbase refused to pay ransom, instead offering a $20 million reward.
The breach cost, spanning $180–$400 million, includes reimbursements and system hardening.
Coinbase’s handling of the hack reinforced its compliance stance and incident response model.
Its inclusion in the S&P 500 symbolized renewed investor confidence and market maturity.

Coinbase Stock Price Levels and Targets

Coinbase is currently trading at $229.15.
Analysts have set a 2025 target of $445, nearly double the present level.
A core resistance sits at $348.89, a key barrier before reaching the target.
The upper bond of immediate resistance is marked at $200.86, with another resistance at $192.14.
Important support levels are at $72.40 (immediate support) and $63.68 (lower bond of support).
The pivot price is $132.27, with a base at $109.11 and trend line at $105.97.
In a high-volatility scenario, resistance could extend as far as $542.65.
The RSI stands at 71.17, signaling overbought territory compared to the bearish threshold of 29.61.

Monthly Transacting Users

Q2 2025: 8.7 million.
Q1 2025: 9.7 million.
Q4 2024: 7.0 million, Q3 2024: 7.8 million, Q2 2024: 8.2 million, Q1 2024: 8.0 million.
Q1 2024: ~8.0 million transactions per month.
Historically, MTUs peaked at 11.4 million in Q4 2021, then fell to as low as 6.7 million in Q2–Q3 2023.

Total Verified Users

2024: 108 million verified users.
Q4 2022: 110 million, Q4 2021: 89 million.
Q1 2022: 98 million, Q2 2022: 103 million, Q3 2022: 108 million.
Verified users nearly doubled from 43 million (Q1 2021) to 89 million (Q4 2021).

Coinbase One Subscribers

About 1 million subscribers as of mid‑2025.
Offers benefits like zero trading fees and added account protections.

Assets on the Coinbase Platform

As of June 30, 2025, Coinbase held $425 billion in assets on its platform.
At the end of 2024, managed digital assets totaled $404 billion.
In Q1 2024, assets peaked at $334.7 billion, up from $197 billion in Q4 2023.
Coinbase remains the world’s largest Bitcoin custodian, holding over 12% of all Bitcoin.
It also holds 11% of staked Ether and other digital assets like Solana.
The platform serves more than 108 million verified users as of 2024.
Coinbase ranks as the largest U.S.-based crypto exchange, with a dominant share in regulated markets.

Coinbase Market Cap History

In 2021, Coinbase’s market cap moved between $40 billion and $80 billion, briefly peaking above $80 billion.
By late 2022, it fell sharply, dropping to below $20 billion.
Throughout 2023, the market cap stayed relatively low, fluctuating between $10 billion and $20 billion.
A recovery started in 2024, with values climbing back into the $40 billion–$60 billion range.
In 2025, Coinbase’s market cap surged, reaching $100.36 billion on July 15, 2025, its highest level in recent years.

Most Held Currencies on Coinbase

Bitcoin continues to lead holdings, representing a third of total trading volume in Q2 2025 (34%).
Ethereum follows, though its share dipped to around 12% in Q2 2025.
XRP saw rising interest, contributing 18% in Q1 2025, then down to 13% in Q2.
Solana contributed 10–11% of volume in mid-2024 quarters, but later became negligible.
Stablecoins form a significant holding category, reflected in fee and subscription revenue trends.
Coinbase supports over 270 cryptocurrencies, offering a diverse asset base.

Retail Trading Volume

Q1 2024 saw retail trading volume rebound to $56 billion, up from $29 billion in Q4 2023.
Quarterly trading volume as of early 2025 was $312 billion.
Backlinko reports $312 billion of trading volume per quarter, aligning with other data.
Coinbase commanded around 60–65% of U.S. crypto exchange trading volume as of early 2025, making it the dominant regulated platform in the country.
Coinbase held approximately 6.9% of global crypto exchange volume, ranking 6th by market share.
Retail transaction revenue in Q2 2025 was $650 million, down from $781 million in Q1.
Q2 2025 retail transaction revenue, at $650 million, missed analyst expectations (~$710 million).

Institutional Trading Volume

Q2 2025 institutional trading volume dropped to $194 billion, down 38% quarter-over-quarter.
Institutional transaction revenue in Q2 was $61 million, also down 38% Q/Q.
Coinbase Institutional reports $194 billion quarterly institutional volume on its site.
It also holds $245 billion in assets under custody for institutional clients.
Institutional subscriptions and stablecoin services helped subscription revenue growth.
The acquisition of Deribit broadened its institutional and derivatives reach, with $12.7 billion in Q1 derivatives volume in Europe.
US institutional ETH ETF inflows reached $3.87 billion in August, reflecting institutional interest.

Coinbase Exchange Statistics (Volume by Market Pair)

XRP/USD leads with 25.16% of total trading volume.
BTC/USD follows closely, capturing 19.74% of market activity.
ETH/USD accounts for 6.88%, showing steady demand from traders.
HBAR/USD represents 6.18%, highlighting strong interest in Hedera.
USDT/USD contributes 5.46%, reflecting stablecoin usage on Coinbase.
SOL/USD holds 4.64%, maintaining a notable share.
DOGE/USD has 2.97%, showing persistent meme-coin trading interest.

Most Traded Currencies

Bitcoin accounted for 34% of total trading volume in Q2 2025.
Ethereum’s share held steady around 12% in Q2.
XRP and Solana contributed roughly 13% and up to 11% respectively, during parts of 2024 and early 2025.
Derivatives volume surged post-Deribit acquisition, $12.7 billion in Q1 for Europe.

Supported Cryptocurrency Assets

Coinbase supports over 270 cryptocurrencies.
On Coinbase Exchange, there are 315 coins and 460 trading pairs.
Institutional platform supports 260+ assets for trading and 420+ for custody.

Total Revenue

In 2024, total revenue reached $6.565 billion, a significant climb.
Business of Apps notes $6.2 billion in 2024 revenue, a 113% rise over the previous year.
Q2 2025 revenue was $1.5 billion, shy of the $1.59 billion forecast.

Transaction Revenue

Q2 2025 transaction revenue clocked in at $764 million, down 39% quarter-over-quarter.
Consumer trading generated $650 million, a 41% Q/Q decline.
Institutional transaction revenue dropped to $61 million, also down 38% Q/Q.

Overall trading volume in Q2 reached $237 billion, a 40% decrease Q/Q.
Spot volumes fell significantly, globally by 31%, and 32% in the U.S..
Stablecoin pair trading volume declined due to an intentional pricing shift in March.
Experts noted that total trading underperformance largely reflected broader market softness, though advanced traders were hit harder.

Subscription and Services Revenue

In Q2 2025, subscription and services revenue reached $656 million, slightly below expectations.
Q1 revs had been higher at $698 million, representing a 9% sequential climb.
Subscription and services grew resiliently, fueled in part by stablecoin (USDC) and staking services.
For Q3, Coinbase forecasts this revenue to land between $665 million and $745 million.
July 2025 subscription revenue is expected within that same bracket, reflecting price and volume dynamics.
Stablecoin revenue in Q2 came in at $332.5 million, still below analyst forecasts of $363 million.
The services segment remains a key diversification point beyond trading fees.

Number of Coinbase Employees

As of June 30, 2025, Coinbase employed over 4,200 people.
The institutional platform lists 4,279 employees.
Recent hiring data shows net growth of nearly 300 employees, with 598 hires and 305 departures.
Coinbase plans to hire around 1,000 new employees in 2025, especially for Charlotte’s new “Center of Excellence”.
The company is expanding its physical footprint in Charlotte, San Francisco, and New York, even as it maintains a remote-first model.
As of 2024, Wikipedia reports 3,772 employees.
The Charlotte office spans 58,600 square feet, marking its largest single lease to date and targeting compliance and support ops.

Global Website Traffic

In Q2 2025, total platform trading volume hit $237 billion, suggesting high user engagement.
Coinbase remains the largest crypto exchange in the U.S., implying robust domestic traffic.
Global volume share stands at 6.9%, placing Coinbase 6th worldwide, indicative of broad interest.
Their S&P 500 membership since May 2025 boosts visibility and web interest among general investors.
Partnerships with JPMorgan and PNC Bank, and policies like the GENIUS and CLARITY Acts, likely enhance institutional and retail attention.
While exact visitor numbers weren’t public, all these factors suggest elevated traffic across U.S. and global markets.

Audience Demographics

Coinbase serves over 108 million verified users as of 2024.
Monthly transacting users numbered 8.7 million in Q2 2025.
Coinbase platforms received a combined 120 million monthly visits in 2025, representing all traffic, not necessarily unique, verified, or transacting users.
Verified users doubled from 43 million in Q1 2021 to 108 million in Q4 2022.
Coinbase experienced an SEC probe over verification metrics, which may influence future reporting and trust.
Demographic breakdown (by age, gender, etc.) isn’t publicly available, but the service spans both retail and institutional use.

Top Traffic Countries

Coinbase operates in over 100 countries.
As the largest U.S.-based exchange, the U.S. remains its strongest market.
Global trading positions Coinbase in 6th place worldwide, showing presence across diverse regions.
Regulatory advancements and legislative clarity in the U.S. boost domestic reach.
The acquisition of Deribit (based in Dubai) signals steps toward expanding into international derivatives markets.
No specific country-by-country stats are public, but platform activity is clearly global in reach.

Compliance and Security Statistics

A cyberattack in May 2025 exposed customer data across under 1% of MTUs, with an estimated impact cost between $180 million and $400 million.
Stolen data included names, contact info, SSN fragments, ID images, but passwords and private keys remained secure.
Coinbase refused ransom demands and instead offered a $20 million reward for information leading to arrests.
To strengthen defenses, the company is implementing enhanced fraud monitoring and building a U.S.-based support center.
In 2023, Coinbase faced a $50 million fine from New York’s DFS for AML lapses, requiring additional compliance investment.
The Dutch central bank fined Coinbase €3.3 million for registration issues, and the UK’s FCA fined £3.5 million for onboarding high-risk users, albeit only 0.34% of total onboardings.

Conclusion

Coinbase remains a cornerstone in the crypto landscape. Its $764 million transaction revenue and $656 million in services revenue underscore its core business, even as broader market conditions weighed on volume. The company’s strength in custody, handling $404 billion in assets, combined with 4,200+ employees, expansion into Charlotte, and institutional focus, reflects strategic depth.

Still, security challenges, including a costly cyberattack and past regulatory fines, underscore the importance of robust safeguards. Through acquisitions such as Deribit and partnerships with JPMorgan and PNC Bank, Coinbase continues evolving into a full-service crypto hub.

From 120 million total users to institutional growth and compliance milestones, Coinbase draws a clear path toward resilience. Explore the full article to unpack how each metric shapes the future of digital asset platforms.