Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Blockchain Press Releases

Air Quality Monitoring System Market worth $6.9 Billion | MarketsandMarkets

Published

on

air-quality-monitoring-system-market-worth-$6.9-billion-|-marketsandmarkets

CHICAGO, Aug. 1, 2023 /PRNewswire/ — In the near future, the air quality monitoring system industry is poised for remarkable growth and innovation as society continues to prioritize environmental sustainability and public health. Rapid advancements in technology, such as the integration of Internet of Things (IoT) and artificial intelligence, will revolutionize air quality monitoring, enabling real-time data collection, analysis, and dissemination on an unprecedented scale. These smart monitoring solutions will be deployed in urban areas, industrial sites, and residential spaces, offering comprehensive insights into pollutant levels and their sources. Government regulations mandating stringent air quality standards will fuel demand for cutting-edge monitoring systems, fostering a competitive landscape among industry players. Additionally, public awareness of air pollution’s adverse effects on human health will drive consumer adoption of personalized indoor air quality monitors. Overall, the air quality monitoring system industry is on the cusp of transformative growth, ushering in a cleaner and healthier future for all.


Air Quality Monitoring System Market
 in terms of revenue was estimated to be worth $4.9 Billion in 2023 and is poised to reach $6.9 Billion by 2028, growing at a CAGR of 7.0% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of this market is majorly driven by factors such as rise in the air pollution levels, development initiatives of environment-friendly industries, and supportive government regulations for effective air pollution monitoring and control. Adding to this, rising public-private funding for air pollution monitoring, and the increasing public awareness related to the environmental and healthcare implications of air pollution also helps the growth of this market during the forecast period.

Download an Illustrative overview: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=183784537

Browse in-depth TOC on “Air Quality Monitoring System Market”
120 – Tables
31 – Figures
180 – Pages

Air Quality Monitoring System Market Scope:

Advertisement

Report Coverage

Details

Market Revenue in 2023

$4.9 Billion

Estimated Value by 2028

Advertisement

$6.9 Billion

Growth Rate

Poised to grow at a CAGR of 7.0%

Market Size Available for

2021–2028

Advertisement

Forecast Period

2023–2028

Forecast Units

Value (USD Billion)

Report Coverage

Advertisement

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

Sampling Method, Pollutant, Product, End Users and Region

Geographies Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Advertisement

Report Highlights

Updated financial information / product portfolio of players

Key Market Opportunities

Continuous R&D and technological advancements

Key Market Drivers

Advertisement

Favorable public & private initiatives for environmental conservation and public awareness


The stack monitoring segment is expected to register the highest growth in the forecast period of 2023-2028

Based on the sampling method, the air quality monitoring system is segmented into active/continuous, intermittent, passive, manual, and stack monitoring. In 2022, the active/continuous monitoring segment accounted the largest share of the global air quality monitoring systems market, whereas during the forecast period, the stack monitoring segment is projected to grow at the highest CAGR. Stack monitoring helps assess the emissions of harmful pollutants from industrial sources. By measuring and tracking these emissions, regulatory authorities can ensure that industries are complying with environmental regulations and emission standards, thus reducing the negative impact of industrial activities on the environment. The rising government emphasis on regulatory compliance for industrial pollution monitoring, low operational cost of stack monitoring, and the increasing emphasis on pollution monitoring & control are factors expected to support the growth of this market.

The fixed indoor monitors subsegment of indoor monitors holds the largest market share in 2022

On the product, the air quality monitoring systems market is classified into Indoor monitors,outdoor monitors and wearables. The indoor monitors is further classified into Fixed indoor and Portables Indoor,..In 2022, the fixed indoor monitors accounted for the largest share of the indoor monitors, primarily due to the growing need of controlled indoor environment maintainence and atmospheric gases and air pollutants levels monitoring inside facilities like manufacturing units, laboratories, and storage area, among others, particularly in pharma industries, biotech and microbiology industries, F&B industries, cosmetic industries, etc. Furthermore, another major factor driving the growth of the fixed indoor monitors market is the rising trend of development of commercial sites as smart buildings which can connect and communicate with technologically advanced devices for better air quality monitoring.

Advertisement

By Pollutant, Chemical Pollutant is witnessed to account for the largest segment of air quality monitoring systems in 2022.

Based on pollutant type, the global air quality monitoring systems market is segmented into chemical pollutants, physical pollutants, and biological pollutants.The chemical pollutants account for the highest growth in the Air quality monitoring systems market in 2022. In 2028, this segment is projected to reach USD 5.09 billion. Market growth is mainly attributed to the global rise in the levels of chemical air pollutants. In addition, the development and commercialization of innovative sensors, growing public awareness, and the implementation of stringent pollution monitoring and control regulations are supporting the growth of this market segment.

Government agencies and academic institutes accounted for the largest share of the global air quality monitoring systems market in 2022.

Based on end users, government agencies and academic institutes accounted for the largest segment in the air quality monitoring systems market due to the following attributes-. Accurate and up-to-date air quality data is crucial for evidence-based policymaking. Government agencies use monitoring data to develop and implement effective air quality management strategies and policies. These policies may include emission reduction programs, industrial regulations, transportation planning, and other initiatives to improve air quality. Monitoring air quality is crucial for protecting public health. Poor air quality can lead to a range of health problems, including respiratory and cardiovascular diseases. Government agencies track air pollution levels to assess potential health risks for the population and implement measures to reduce exposure to harmful pollutants.

By Region, Asia Pacific is expected to see the highest growth in the air quality monitoring systems market in 2022.

Advertisement

The global air quality monitoring systems market is segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. North America accounts for the major share while asia pacific is witnessed to have the highest growth.

North America has well-established environmental regulations that govern air quality standards and emissions from industrial facilities. Compliance with these regulations requires the use of air quality monitoring systems, which has driven demand in the region. North America is home to several leading air quality monitoring system manufacturers and technology developers. The region’s focus on research and development has resulted in innovative monitoring solutions that attract buyers from both domestic and international markets.

On a global scale, APAC is among the major contributors to air pollution and also due to growing pollution levels has a large patient population. The APAC region is experiencing increasing demand for air quality sensors and monitors that are mainly driven by large-scale industrialization, continuous government support for the development and commercialization of advanced products and implementation of stringent air pollution regulations across major Asian countries.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=183784537

Air Quality Monitoring System Market Dynamics:

Advertisement

Drivers:

  1. Active government initiatives for air pollution monitoring and control
  2. Growing concerns over rising air pollution
  3. Favorable public and private initiatives for environmental conservation and public awareness

Restraints:

  1. High product costs
  2. Technical limitations associated with a majority of AQM products

Opportunities:

  1. Continuous R&D and technological advancements
  2. Expected post-COVID-19 expansion of the petrochemical and power generation industries

Challenges:

  1. Slow implementation of air pollution control reforms
  2. Availability of alternate monitoring solutions

Key Market Players:

As of 2022, the air quality monitoring systems market was dominated by Thermo Fisher Scientific (US), 3M (US), Siemens (Germany), Teledyne Technologies (US), GE Healthcare (US), Emerson Electric Company (US), Honeywell International Inc (US), HORIBA, Ltd. (Japan), Merck KGaA (Germany), and TSI Incorporated (US), among others.

Recent Developments:

  • In March 2023, Siemens AG launched Connect Box, an open and easy-to-use IoT solution designed to manage small to medium-sized buildings.
  • In January 2023, Thermo Fisher Scientific acquired the Binding Site Group, this would help in expanding the company’s existing specialty diagnostics portfolio.
  • In January 2023, Teledyne Technologies Incorporated acquired ChartWorld, thus expanding the portfolios of Teledyne Marine segment. Teledyne now provides the electronic navigation charts and other value-added software information services directly to vessel pilots, owners and operators.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=183784537

Air Quality Monitoring System Market Advantages:

  • Public Health Protection: Air quality monitoring systems play a critical role in safeguarding public health by providing real-time data on pollutant levels. This information allows authorities and individuals to take preventive measures, reducing exposure to harmful substances and minimizing the risk of respiratory and cardiovascular diseases.
  • Environmental Conservation: Monitoring air quality is essential for understanding the impact of human activities on the environment. By identifying pollution sources and trends, policymakers can implement targeted strategies to mitigate emissions, conserve ecosystems, and protect biodiversity.
  • Compliance with Regulations: Governments worldwide are introducing stringent air quality standards to control emissions and curb pollution. Industries and businesses rely on air quality monitoring systems to ensure compliance with these regulations, avoiding costly fines and reputational damage.
  • Early Warning Systems: Advanced air quality monitoring technologies offer early warning capabilities, alerting communities to potential pollution events or industrial accidents. This early warning system enables prompt evacuation or precautionary measures, enhancing overall safety.
  • Data-Driven Decision Making: Accurate and comprehensive air quality data empowers decision-makers in various sectors, including urban planning, transportation, and industrial operations. It enables evidence-based policy formulation and targeted interventions to improve air quality effectively.
  • Technological Advancements: The industry’s ongoing technological advancements, such as IoT integration, miniaturization, and data analytics, enhance the capabilities of air quality monitoring systems. These innovations lead to more cost-effective solutions, greater efficiency, and wider accessibility.
  • Global Awareness and Collaboration: The rising global awareness of environmental issues has fostered international collaboration in addressing air quality concerns. Standardized monitoring systems and data sharing across borders facilitate collective efforts to combat air pollution on a global scale.
  • Personalized Health Insights: Indoor air quality monitors offer individuals valuable insights into the air they breathe within their homes and workplaces. This empowers them to make informed lifestyle choices and take preventive measures to create healthier living environments.
  • Research and Data Analysis: The wealth of data collected by air quality monitoring systems supports ongoing research and analysis, facilitating a deeper understanding of air pollution’s complex dynamics. Such research contributes to the development of effective long-term strategies and solutions.
  • Corporate Social Responsibility: Companies and organizations investing in air quality monitoring systems showcase their commitment to environmental stewardship and social responsibility. Implementing these systems demonstrates a proactive approach to reducing their environmental impact and promoting sustainable practices.
  • In conclusion, the air quality monitoring system market brings numerous advantages that encompass public health, environmental protection, regulatory compliance, data-driven decision-making, and societal responsibility, contributing to a cleaner and healthier future for communities around the world.

Related Reports:

Particle Counters Market – Global Forecasts to 2027

Advertisement

Radiation Detection Monitoring Safety Market – Global Forecasts to 2027

Particle Size Analysis Market – Global Forecasts to 2026

Environmental Monitoring Market – Global Forecasts to 2026

Radiation Dose Management Market – Global Forecasts to 2025

About MarketsandMarkets™:

Advertisement

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/air-quality-monitoring-equipment-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/air-quality-monitoring-equipment.asp

Advertisement

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg 

 

Cision View original content:https://www.prnewswire.co.uk/news-releases/air-quality-monitoring-system-market-worth-6-9-billion–marketsandmarkets-301890080.html

Continue Reading
Advertisement

Blockchain

Blocks & Headlines: Today in Blockchain – April 22, 2025 (Activity‑Weighted Consensus, Pectra Upgrade, Yoki Legacy, Verae–Evercycle, Earth Day)

Published

on

blocks-&-headlines:-today-in-blockchain-–-april-22,-2025-(activity‑weighted-consensus,-pectra-upgrade,-yoki-legacy,-verae–evercycle,-earth-day)

 

As blockchain technologies mature and diversify, today’s highlights underscore a burgeoning shift: from consensus innovation and protocol upgrades to strategic partnerships and sustainability imperatives. In this edition, we unpack five pivotal developments shaping Web3, DeFi, NFTs, and enterprise-grade blockchain adoption:

  1. Activity‑Weighted Consensus Steals the Show at Paris Blockchain Week

  2. Ethereum’s Pectra Upgrade: The Next Evolution in Scalability

  3. Astar’s Yoki Legacy Launches on Sony’s Soneium Blockchain

  4. Verae and Evercycle Forge Blockchain‑Enabled ITAM Partnership

  5. Earth Day 2025: Why an Efficient Blockchain Is a Smart Energy Choice

Together, these stories reveal key trends—innovative consensus models, cross‑chain interoperability, tokenized asset management, and an urgent focus on energy efficiency—driving blockchain’s trajectory in 2025.


1. Activity‑Weighted Consensus Steals the Show at Paris Blockchain Week

At the recent Paris Blockchain Week Conference, the concept of Activity‑Weighted Consensus (AWC) emerged as a potential game‑changer for network security and governance. Unlike Proof‑of‑Work (PoW) or Proof‑of‑Stake (PoS), AWC allocates block‑production rights based on a node’s continuous on‑chain engagement metrics—transaction relaying, smart‑contract interactions, and decentralized application hosting. Advocates argue that this model:

Advertisement
  • Aligns Incentives with Ecosystem Health: Nodes that actively support dApps, relays, and DeFi protocols earn governance weight, dissuading passive stake‑hoarding and promoting network utility.

  • Enhances Security: By requiring sustained activity rather than one‑time stake deposits, AWC makes long‑term collusion and stake concentration more costly and detectable.

  • Fosters Decentralized Governance: Community participants demonstrating developer contributions or sustainable validator uptime can gain voting power, democratizing protocol upgrades and treasury decisions.

During the Paris sessions, leading research teams unveiled prototypes on testnets demonstrating up to 60% reduction in attack surface compared to vanilla PoS chains, without compromising block‑finality times. Critics, however, caution that accurately measuring “useful activity” demands robust oracles and could introduce new attack vectors if measurement data is manipulated.

Opinion: Activity‑Weighted Consensus represents a vital next step in consensus algorithm innovation—bridging the gap between security, decentralization, and real‑world utility. While the implementation complexity is nontrivial, protocols prioritizing ecosystem engagement could see higher network effects and healthier token economies. If designed with transparency and anti‑gaming safeguards, AWC could become a mainstream alternative by 2026.

Source: Cointelegraph


2. Ethereum’s Pectra Upgrade: The Next Evolution in Scalability

Ethereum’s core developers have officially detailed the ambitious Pectra Upgrade, slated for Q4 2025. Building upon the success of past hard forks, Pectra aims to tackle two pillars: throughput and data availability. Key components include:

  • Rollup‑Centric Sharding: Rather than full‑state sharding, Pectra introduces “data shards” optimized for rollups, increasing per‑shard throughput to 10 MB per block—3× current levels—while aggregating rollup proofs on‑chain.

  • On‑Chain Data Availability Sampling (DAS): Incorporates KZG commitments to enable light clients to verify data availability without downloading entire blocks, bolstering security against data‑withholding attacks.

  • EIP‑4990: Prover Optimization: Introduces optimized precompile contracts to accelerate zk‑SNARK and zk‑STARK proof verification by up to 40%, reducing gas costs for privacy and scaling solutions.

  • Native Token Recycling: Pectra reallocates a portion of burnt ETH (post‑EIP‑1559) to a “Scaling Fund” administered via on‑chain governance, seeding grants for L2 rollups and data‑availability networks.

Analysis: Pectra’s rollup‑centric vision reaffirms Ethereum’s commitment to being the settlement layer for a multi‑chain ecosystem. By offloading execution to specialized rollups while securing data integrity on L1, Ethereum anticipates 50,000 TPS across aggregated rollups, vastly improving DeFi composability and reducing gas fee volatility. Critics note the increased client complexity and potential centralization risks if DAS providers consolidate.

Advertisement

Implications: For DeFi protocols, NFT marketplaces, and application developers, Pectra could slash transaction costs, enabling new use cases—from micro‑transactions to real‑time gaming—while maintaining the security assurances of Ethereum’s vast validator set. The Scaling Fund’s token recycling mechanism also sets a precedent for sustainable ecosystem funding.

Source: Gadgets360


3. Astar’s Yoki Legacy Launches on Sony’s Soneium Blockchain

In a landmark partnership bridging gaming and blockchain, Astar Network announced that Yoki Legacy, its flagship play‑to‑earn RPG, will deploy on Sony’s Soneium Blockchain starting May 2025. This collaboration offers:

  • Cross‑Chain Interoperability: Utilizing Astar’s XCM (Cross‑Consensus Message) protocol, Yoki Legacy assets—NFTs, in‑game tokens, and governance rights—can transfer seamlessly between Astar (Polkadot) and Soneium, enabling multiverse gameplay.

  • Eco‑Friendly Consensus: Soneium employs a hybrid PoS‑PoA model with carbon offsets verified on‑chain, aligning with Sony’s commitment to sustainability.

  • Developer Toolkits: Joint SDKs allow game studios to tap both networks’ developer ecosystems, sharing middleware for asset minting, royalty management, and composable NFT design.

Opinion & Impact: This alliance signals Web3 gaming’s maturation, as major entertainment brands partner with public blockchains to reach broader audiences. Soneium’s consumer electronics pedigree and global distribution channels could propel Yoki Legacy into mainstream consoles—validating blockchain gaming beyond niche communities. Furthermore, asset interoperability across Astar and Soneium paves the way for unified gaming economies, where items retain value across genres and platforms, potentially reshaping in‑game monetization models.

Source: VentureBeat

Advertisement

4. Verae and Evercycle Forge Blockchain‑Enabled IT Asset Management

Industrial IoT specialist Verae and sustainability platform Evercycle have launched a blockchain‑powered IT Asset Management (ITAM) solution targeting circular‑economy compliance. By merging Verae’s device telemetry with Evercycle’s digital product passports on a Hyperledger Fabric network, the partnership offers:

  • Provenance Tracking: Each hardware component—servers, routers, laptops—receives a tamper‑proof record of manufacture, warranty, maintenance, and end‑of‑life recycling status.

  • Regulatory Compliance: Automated reporting modules help enterprises meet EU’s Waste Electrical and Electronic Equipment (WEEE) directives and emerging Right to Repair regulations.

  • Tokenized Incentives: “Green Credits” are issued when devices are refurbished or recycled according to verified processes, tradable within corporate sustainability marketplaces.

Analysis: As enterprises grapple with e‑waste—projected to reach 74 million metric tons by 2030—blockchain‑backed ITAM offers both auditability and circular‑economy incentives. By tokenizing responsible disposal, companies can transparently showcase ESG compliance to investors and regulators. Critics warn of integration challenges with legacy procurement systems and potential data privacy concerns if supply‑chain partners refuse on‑chain transparency.

Strategic Takeaway: This partnership exemplifies how permissioned blockchains can underpin enterprise sustainability efforts, harmonizing environmental goals with operational efficiency. For IT procurement and finance teams, on‑chain asset management reduces manual audits, accelerates warranty claims, and unlocks new value streams through tokenized recycling incentives.

Source: PR Newswire


5. Earth Day 2025: An Efficient Blockchain Is a Smart Energy Choice

In honor of Earth Day 2025, CoinGeek highlights how next‑gen blockchains—from Proof‑of‑History in Solana to Nakamoto PoA hybrids—are slashing energy consumption compared to legacy PoW networks. Key metrics include:

Advertisement
  • Energy Efficiency: Modern PoS chains consume 99.9% less energy per transaction than Bitcoin, with some layer‑2 rollups achieving sub‑gram carbon footprints per transfer.

  • Carbon‑Offset Innovations: Protocols like Algorand and Cardano integrate on‑chain carbon oracles that automatically retire carbon credits proportional to network activity.

  • Green Data Centers: Validators increasingly deploy in solar‑ and wind‑powered facilities, with projects like EcoChain offering renewable‑energy staking pools.

Opinion: As mainstream scrutiny intensifies around crypto’s environmental impact, energy‑efficient protocols are not just eco‑friendly—they’re competitive differentiators. Enterprises and institutional investors demand sustainability assurances; blockchains failing to address carbon footprints risk regulatory backlash and reputational damage. By spotlighting energy‑optimized consensus and renewable‑powered infrastructure, the industry can redefine itself as a driver of green innovation.

Source: CoinGeek


Conclusion: Mapping the Blockchain Horizon

Today’s briefing underscores three overarching themes propelling blockchain forward:

  1. Consensus Reinvention: From activity‑weighted protocols to energy‑efficient hybrids, networks are refining consensus to boost security, scalability, and sustainability.

  2. Cross‑Chain & Enterprise Integration: Interoperability—whether via rollup‑centric upgrades, cross‑chain gaming partnerships, or permissioned frameworks for ITAM—enables seamless value flows across disparate ecosystems.

  3. Environmental & Regulatory Alignment: As global frameworks converge around ESG and circular‑economy mandates, blockchain applications that embed sustainability and compliance at their core will capture both market share and stakeholder trust.

For developers, enterprises, and investors alike, staying ahead means embracing not only technical breakthroughs but also governance models and partnerships that align blockchain with real‑world needs. Tune in tomorrow as we continue tracking the decentralized revolution—one block at a time.

The post Blocks & Headlines: Today in Blockchain – April 22, 2025 (Activity‑Weighted Consensus, Pectra Upgrade, Yoki Legacy, Verae–Evercycle, Earth Day) appeared first on News, Events, Advertising Options.

Advertisement
Continue Reading

Blockchain Press Releases

BingX Marks 7 Years with Grand Celebrations at TOKEN2049 Dubai

Published

on

bingx-marks-7-years-with-grand-celebrations-at-token2049-dubai

PANAMA CITY, April 22, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, kicks off its 7th anniversary as a Platinum Sponsor at TOKEN2049 Dubai. This premier Web3 gathering marks the beginning of a global series of festivities commemorating BingX’s milestone. As the anniversary unfolds, BingX will continue its celebration with a lineup of offline events around the world, uniting users, partners, and communities in a shared journey of growth and gratitude.

Attendees at the TOKEN2049 conference will be able to enjoy the vibrant anniversary spirit that infuses the event experience. The celebratory atmosphere, from immersive booth interactions to BingX-branded boats adorning the waterfront, highlights the connections BingX has built with its global user base. Attendees will also have the opportunity to meet BingX’s core team, provide feedback, and discover the strategy and innovation behind the platform’s latest product developments. In addition, BingX will host a private side event, bringing together key partners, traders, and community members for a meaningful evening of connection and reflection.

“We are proud to mark our 7th anniversary with meaningful moments alongside our global community,” said Vivien Lin, Chief Product Officer of BingX. “Dubai is one of the many ideal places to celebrate how far we’ve come — not just as a platform, but as a user-first brand. From our early days to now being a top 5 derivative platform, our journey has been shaped by every user, every conversation, and the stories they tell. By showing up at TOKEN2049 as a major sponsor, we are reinforcing our belief that innovation starts with us listening.”

BingX’s celebration is already well underway. The “Your Voice, Our Story” Campaign invited users to share their personal journeys with BingX, shining a light on the very community that helped shape the platform. Chelsea FC and BingX also teamed up to launch the Bitcoin Fantasy 7 campaign, giving fans the chance to build their dream team and win exclusive prizes. Coming up next is a global trading campaign featuring various competitions, community rewards, and special giveaways as well. Together, activities reflect BingX’s commitment to creating fun, rewarding experiences that strengthen its connection with users worldwide

About BingX 

Advertisement

Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.

For more information please visit: https://bingx.com/

Photo – https://mma.prnewswire.com/media/2670144/BingX.jpg

Logo – https://mma.prnewswire.com/media/2310183/BingX_logo_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/bingx-marks-7-years-with-grand-celebrations-at-token2049-dubai-302434627.html

Continue Reading

Blockchain Press Releases

MEXC Exchange Report Shows Airdrops Resulting in Up to 35% New User Registrations

Published

on

mexc-exchange-report-shows-airdrops-resulting-in-up-to-35%-new-user-registrations

VICTORIA, Seychelles, April 22, 2025 /PRNewswire/ — A report released by MEXC, a leading global crypto exchange, indicates that airdrop campaigns account for approximately one-third of new user registrations during peak months. The numbers showcase the effectiveness of airdrops as a marketing instrument that crypto projects can leverage to attract new audiences and bootstrap engagement. The report also highlights the importance of ongoing structural shifts taking place in the industry across regions, as well as user motivation swings.

Key Takeaways:

  • Peak user acquisition rates driven by airdrops reach up to 35% in certain months.
  • User behavior is influencing airdrop campaign participation through deeper mobile penetration and the involvement of gamification mechanisms.
  • 76% of users who sign up via airdrop campaigns remain on the platform, with 18% becoming active traders and 58% trading occasionally.
  • The CIS region leads in terms of involvement at 67%, followed by Southeast Asia at 51%, and South Asia at 32%.
  • Airdrops are evolving into a means of financial inclusion, in addition to acting as an effective marketing instrument.

MEXC analyzed user behavior during airdrop campaigns and identified a significant shift in the audience. While regions with low levels of access to banking services previously served as the main source of airdrop participants, the latest report indicates that new channels of user onboarding are ousting the trend. Gamification and Tap-to-Earn games in mobile-based Telegram channels are taking center stage as key registration sources for users with no previous experience in crypto. For instance, games like Hamster Kombat attracted over 70 million users, other notable examples of similar grade being Notcoin and Yescoin.

According to the data compiled as a result of the research, users who received their first airdrop tokens demonstrated varying degrees of continued involvement in the crypto industry. As many as 18% maintained active trading patterns and delved deeper into crypto services, 58% traded occasionally, while 24% were one-off users, withdrawing their funds without further engagement in trading. The users who evolve into active traders showcase an average daily trading volume above $58,000, with select ones achieving $31 million.

Regional segmentation of the users attracted via airdrops shows that the CIS is in a leading position, with 67% of the total, followed by Southeast Asia at 51%, and South Asia with 32%. The results of the analysis correlate with low levels of access to banking services in the given regions. They also align with data provided by Chainalysis, which positioned India, Vietnam, and the Philippines as the countries in Asia with the highest rates of crypto adoption, driven by low levels of banking services access and rapid spread of internet coverage in rural areas.

The limited financial inclusion of the countries in the indicated regions into the international banking system paves the way for cryptocurrencies to act as alternative means of payment both abroad and within domestic economies. Users participating in airdrops either withdraw them to fiat or use them for their needs. Pakistan and the Philippines are leading in this regard.

Advertisement

The report released by MEXC highlights the prominent role airdrops are occupying in the evolving crypto landscape, transforming from a marketing action into a separate instrument for user engagement. The ability to attract 35% new user registrations via airdrops in select regions like the CIS and Asia is a powerful factor acting in favor of using the given approach to expanding the crypto industry and advancing its maturity.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

For more information, visit: MEXC Official Website | X Telegram | How to Sign Up on MEXC

Photo – https://mma.prnewswire.com/media/2669801/1920×1080.jpg
Logo – https://mma.prnewswire.com/media/2668118/MEXC_new_Logo.jpg 

Cision View original content:https://www.prnewswire.co.uk/news-releases/mexc-exchange-report-shows-airdrops-resulting-in-up-to-35-new-user-registrations-302434393.html

Advertisement
Continue Reading
Advertisement
 title=
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE