HTX Exchange has published its report for Q1 2025, stating that it has collected a +210% increase in net crypto deposits compared to the previous quarter. Despite the general bear market since the beginning of the year, the platform has recorded a 116% increase in new users.
HTX Exchange and the Q1 2025 performance: +210% in net crypto deposits
HTX Exchange has published its Q1 2025 report with several highlights reflecting its performance. Firstly, the crypto-exchange has collected +210% net crypto deposits compared to the previous quarter.
Source
“The HTX Q1 2025 report has arrived: – Net collection growing by 210% QoQ – Massive growth in user activity and platform utility – Milestones reached, even in a volatile market. The next step? We continue to build: Smarter asset discovery, Greater compliance, DAO-first Governance”
In practice, despite the general bear market since the beginning of the year for the crypto sector, HTX Exchange also recorded a +116% of new users.
Not only that, the platform states that in the month of March 2025, natural traffic increased by 127% compared to February, with search volume and backlinks at all-time highs.
HTX Exchange and the performance of Q1 2025: the momentum of the crypto platform
HTX Exchange describes that, despite the general bear market of these times, the motivation for its momentum is primarily due to Justin Sun, the Global Advisor of HTX.
The founder of Tron (TRX) appeared in March on the cover of Forbes, receiving significant recognition as a figure redefining the global crypto landscape. For HTX, Sun is the fourth leader of crypto-exchange after CZ, SBF, and Brian Armstrong.
Beyond Sun, the platform owes its countertrend performance compared to the bear market crypto, also thanks to new integrated tokens. These are tokens from the AI category, such as VIRTUAL, AVAAI, LUNA, but also the memecoin TRUMP.
Not only that, HTX would have been able to capture other tokens such as those from the DeFi, with GRIFFAIN and GRIFT which have almost doubled. Also other tokens from Layer 2 ecosystems like LAYER (+153%), XION (+116%), KAITO (+99%), TST and MUBARAK.
Other sectors in which HTX feels it is performing well are Launchpool, the program that has attracted the participation of 178,000 users, and the campaigns and promotions.
Justin Sun and his strategies
The involvement of Sun in HTX at a public level began in February 2024, when the founder of Tron had shared his account of the crypto-exchange on X.
In fact, Sun had shown with a simple screenshot that he possessed the modest sum of 1.6 billion dollars in Bitcoin (BTC) in the HTX wallet. A general demonstration that Sun, in addition to being a consultant for the crypto-exchange, is also a user of it.
Before this demonstration, in September 2023, Sun had used another of his posts on X to talk instead about the crypto-hack suffered by HTX, which had lost 5000 ETH, the equivalent of 8 million dollars at that time.
In reality, Sun reassured the platform’s users by stating that they had managed to cover the losses and get the crypto-exchange back up and running. Not only that, Sun used X to share the ETH addresses associated with the hacker and his proposal of a white hat reward of $400,000 for the hacker if they wanted to return the stolen money.
