TRM Labs: Monero activity has not decreased due to mainstream platform delisting

TRM Labs research shows that despite mainstream cryptocurrency exchanges taking down Monero due to compliance issues, Monero network activity remains stable. The data shows that the transaction usage in 2024 and 2025 is higher than the level before 2022. Trading platforms including Binance and Kraken have gradually phased out Monero, and Dubai financial regulators have also banned licensed platforms from launching privacy coins such as Monero and Zcash. The study also pointed out that Bitcoin remains the preferred currency for ransomware payments, but the proportion of support for Monero in the dark web market will reach 48% by 2025, a significant increase from earlier years.