logo
HTX Ascends in Global Rankings: Solidifying Web3 Leadership Grounded in User Trust

HTX Ascends in Global Rankings: Solidifying Web3 Leadership Grounded in User Trust

SINGAPORE, June 10, 2025 (GLOBE NEWSWIRE) -- HTX, a leading global cryptocurrency exchange, is proud to announce its significant climb in comprehensive rankings across multiple authoritative crypto data platforms. This remarkable upward trajectory underscores HTX's burgeoning recognition and reinforces its position as a trusted leader among users worldwide.
HTX continues to earn global user trust through its unwavering commitment to excellence in security, trading depth, user experience, and robust ecosystem development, firmly establishing itself as a pivotal force in the Web3 space.
HTX's Global Influence Soars as It Climbs Authoritative Rankings
CoinGecko: HTX's ranking on CoinGecko, a globally authoritative crypto data platform, has dramatically risen from 13th to 7th place. This achievement not only reflects a notable improvement in the exchange's overall strength but also underscores its outstanding performance in global user activity, security, and transparency. As a benchmark for crypto asset security ratings, CoinGecko's ranking further affirms HTX's continued efforts to optimize its security systems and drive technological innovation.
Source: CoinGecko
CoinMarketCap (CMC): HTX has secured the 9th spot on CMC, jumping from 15th on the world's most visited Web3 platform. This significant milestone strengthens HTX's status as a top-tier exchange in the minds of global Web3 users, reflecting its rising influence, growing user trust, and expanding international presence in the crypto space.
Source: CoinMarketCap
DefiLlama: HTX maintains its 6th position on DefiLlama, a key platform for North America. This consistent ranking showcases HTX's active presence and solid market share in the region, supported by its dedication to global regulatory compliance and its commitment to delivering a secure, transparent trading environment to users.
Source: DefiLlama
Kaiko: HTX has advanced from 10th to 8th position on Kaiko, a respected platform among North American high-end crypto users, and received an 'AA' rating. Kaiko evaluates the comprehensive performance of over 100 mainstream trading platforms worldwide across six key dimensions: governance, liquidity, technology, business capabilities, security, and data quality. This accolade highlights HTX's excellence in business and technological capabilities, as well as its strong security measures, emphasizing its competitive edge in the high-end market.
Source: Kaiko
CryptoRank: HTX proudly holds the 3rd position on CryptoRank, a popular platform in the CIS region. This ranking showcases HTX's deep market penetration and growing brand strength, reinforcing its status as a trusted international trading platform for CIS users.
Source: CryptoRank
HTX Builds Global Trust with a User-First Approach
HTX's consistent ascent in global rankings underscores its steadfast dedication to user asset security, innovative product development, strategic global expansion, and robust service infrastructure. Guided by its core philosophy of 'Putting Users First and Ensuring the Security of User Assets,' HTX continually refines its security, enhances the trading experience, and delivers diverse, innovative products worldwide. This unwavering commitment has earned HTX widespread global recognition, solidifying its position as a leader in the crypto market.
According to official data, HTX has published its asset reserve records for 32 consecutive months, reaffirming its position as one of the most transparent platforms in the industry. Over the past three months, it has seen a remarkable increase in total asset balances. Notably, USDT holdings have surged from approximately 665 million to 1.15 billion, marking a month-over-month growth of over 30% in May. This reflects HTX's commitment to strengthening asset reserves and enhancing user asset protection.
Moving forward, HTX will continue to prioritize user needs, driving continuous improvements in platform security, trading depth, and service quality. Our vision is clear: to establish HTX as the world's foremost comprehensive Web3 trading platform.
About HTX
Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.
As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of 'Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,' HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.
For further inquiries, please contact Ruder Finn Asia, [email protected]
Disclaimer: This is a paid post and is provided by HTX. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.
Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/71a4ab6f-87c8-4abf-9397-bd1c96dd2c38
https://www.globenewswire.com/NewsRoom/AttachmentNg/3de1e080-041d-47b8-988c-6a2f7de5e6ff
https://www.globenewswire.com/NewsRoom/AttachmentNg/02121c54-4403-4427-929e-97859c679178
https://www.globenewswire.com/NewsRoom/AttachmentNg/8e4d98d6-08d1-43ec-9e9b-6d8ca2a116a1
https://www.globenewswire.com/NewsRoom/AttachmentNg/4bd5342d-4579-47d8-94dc-e30436a46ff0
https://www.globenewswire.com/NewsRoom/AttachmentNg/61261585-ac35-4b5f-bb7e-13ca1232154c

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump wants to sell America to China – but will they buy?
Trump wants to sell America to China – but will they buy?

Yahoo

time27 minutes ago

  • Yahoo

Trump wants to sell America to China – but will they buy?

On Wednesday, a jubilant Donald Trump declared that his trade deal with Beijing would 'open up China to American Trade', delivering 'a great WIN for both countries!!!' Yet even as the US president trumpets victory, a chorus of Western companies has been warning that the spoils may be underwhelming. Cosmetics company Estee Lauder is grappling with 'retail softness, reflecting subdued consumer sentiment' in China. Drinks giant Diageo, which makes Guinness and Johnnie Walker, said 'consumers remain cautious and the macroeconomic recovery is taking longer than expected'. Unilever, the consumer goods giant behind Dove soap and Ben & Jerry's ice cream, told its shareholders that 'market growth in China remained subdued'. Burberry reported waning sales there, while KFC and Pizza Hut-owner Yum China said sales in the first quarter were flat. When Starbucks this week slashed the price of its tea lattes and Frappuccinos in China by almost one fifth, it was only the latest sign that trouble was brewing in China for big Western businesses. Trump wants Chinese consumers to buy more American goods, rebalancing what he sees as the lopsided trading relationship between the two countries. But the middle kingdom's economy is in a prolonged funk, reeling from a property crisis and a long hangover from harsh Covid restrictions. With lingering US tariffs of up to 55pc taking a chunk out of China's exports, recovery in the world's second-largest economy depends on the willingness of Chinese consumers to open their wallets and start spending. But unless companies cut prices, or the government steps in to boost demand, cautious Chinese consumers are at best spending selectively. Unlike China's gleaming motorways, the road to an economic rebound looks slow and uncertain – meaning Trump may well be disappointed. Ending the US president's anti-China crusade depends on the Chinese consumer taking out their wallets. It's the 'excess savings' of China's households, coupled with the excess spending of the American government and consumers, that lie at the heart of the pair's unbalanced economic relationship. In layman's terms, Chinese families save, while Americans buy – meaning China exports to the US far more than it imports. 'China has a singular opportunity to stabilise its economy by shifting away from excess production towards greater consumption,' Scott Bessent, the US treasury secretary, said on Wednesday. So far, there is little sign of the balance shifting. In a recent survey by McKinsey, Chinese households said they were not planning to increase how much they spend as a share of their income. (McKinsey saw this as progress; in the 2024 version of the survey, households had actually been planning to reduce consumption.) The survey found that rural dwellers were slightly more enthusiastic about shopping than their urban counterparts. That's unsurprising: it's in the cities where the scars of the property crisis, which began with the collapse of the developer Evergrande in 2021, are most acute. 'Property prices have fallen by around 20pc since the onset of the property crisis,' says Leah Fahy, a China analyst at Capital Economics. 'That has been a massive hit to household wealth and really dampened propensity to spend, and confidence as well.' 'And then more recently, you add all this tension around the trade war, what's going to happen with US tariffs. Even if the actual hit from that hasn't been massive yet.' Justin Koh, a Shanghai-based director at consultancy AlixPartners, says: 'When I first came to China about 15 years ago, there used to be an idea that everything would only go in one direction – up. People just thought sales would double every year. 'Now, the consumer companies we're working with are more pragmatic about growth. They're also very pragmatic about opening and closing stores, about what works and what doesn't work in the market.' Officially, China's economy is holding up, growing at 5.4pc in the first quarter from a year earlier. But the threat of a trade war looms over a country that still relies heavily on manufacturing. Exports to the US slumped by almost 35pc in April from a year earlier and China is struggling with deflation. Consumer prices dipped 0.1pc, the fourth consecutive month of decline, led by food and fuel. A survey by the EU Chamber of Commerce in China found that 83pc of food and beverage companies felt their business environment in the country was deteriorating. Many consumers seem to be looking for bargains, waiting for price decreases, or keeping their yuan in the bank or under the bed. Beijing has been encouraging people to spend, pushing them to buy more white goods by backing a trade-in scheme. It seems to have worked: according to the Xinhua news agency, it spurred 175bn renminbi (£18bn) of transactions this year, and 39pc year–on-year sales growth in April. But that would only be a drop in the ocean of what is required. It might stack a percentage point or two on to GDP growth, but Capital Economics reckons consumption might need to expand by 4pc to offset the hit from falling exports. Fahy says the government seems reluctant to wheel out the fiscal artillery needed to deliver this. 'You get a lot of lip service to the importance of supporting consumption, supporting demand, but they're really hesitant to expand things like social security measures, pension payments, welfare benefits – the things that are most needed to boost households' willingness to spend really and lower the savings rate,' she says. Worryingly for Trump, even if there is an upturn in consumer spending, Chinese may not choose to buy American products. 'There was probably more bargain hunting back in 2022, 2023 – confidence was lower, there was a very clear dip,' says Koh. 'I think this bargain-hunting helped consumers understand other [non-Western] brands a little bit better – they realised that, 'Hey, there might not be that much of a difference there.'' Chinese business news site Caixin says there has been an increase in promotions for 'repatriated foreign trade products' – items originally made to sell overseas that are now being sold at home. This includes marketing campaigns and exhibitions at supermarkets, department stores and shopping malls. Local brands are also gaining ground. Koh's 10-year-old daughter is wild for the Labubu dolls made by Chinese start-up Pop Mart, for example. 'They're the latest craze. If consumer confidence was at an all-time low, we'd likely be seeing less people buying them – less of that type of consumer behaviour,' he says. 'It's a sign of a more discerning consumer, and a consumer that's expressing his or her consumer confidence in different ways.' The ball is now in Beijing's court: the government needs to do more if it wants a consumer-led kickstart for the economy, and a fix for the US-China trade imbalances. Without action, Trump's 'great WIN' may turn into a disappointing loss. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more.

Sumitomo Realty Seeks $700 Million Office Sale Amid Elliott Push
Sumitomo Realty Seeks $700 Million Office Sale Amid Elliott Push

Bloomberg

time31 minutes ago

  • Bloomberg

Sumitomo Realty Seeks $700 Million Office Sale Amid Elliott Push

Sumitomo Realty & Development Co., the Japanese developer facing pressure from Elliott Investment Management to boost its value, is seeking to sell a group of office properties in Tokyo for at least ¥100 billion ($700 million), according to people with knowledge of the matter. The developer has earmarked 19 midsized office buildings for the divestment, according to documents seen by Bloomberg. It has asked real estate investment firms and agencies to estimate the value of the offices, which it is considering selling separately, the people said, asking not to be identified because the matter is private. It is also weighing the sale of eight rental apartment buildings in the city, they said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store