Category: Volume
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LTC Volume Doubled Over Past Year
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On-chain data shows that Litecoin transaction volume has more than doubled in the past year, a potentially positive sign for the network. Litecoin transaction volume has shown steady growth recently. In new mail Speaking on X, Jay Mella, director of the Litecoin Foundation, discussed the growth in on-chain activity that…
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Solana forms bullish patterns as DEX volume, open interest slip
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Solana price remains stuck in a deep bear market with low volume on decentralized exchanges and open futures. Solana (SOL) shares have been on a two-week winning streak, rising more than 33% from their August lows. However, they remain in a bear market after falling more than 30% from their…
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Solana forms bullish patterns as DEX volume, open interest slip
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Solana price remains stuck in a deep bear market with low volume on decentralized exchanges and open futures. Solana (SOL) shares have been on a two-week winning streak, rising more than 33% from their August lows. However, they remain in a bear market after falling more than 30% from their…
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Ethereum ETFs Debut With Blockbuster $1 Billion Trading Volume
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Source: bitcoin.com Highly anticipated launch The number of Ethereum-based exchange-traded funds (ETFs) in the United States has set a new benchmark for the cryptocurrency ecosystem. In their market debut, these Ethereum-based ETFs collectively raised over $1 billion in trading volume, highlighting the massive demand from investors to gain exposure to…
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Boosted By Trump Election Bets, Polymarket Hits Record $116M Trading Volume In July
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Copyright: thedefiant In the rapidly evolving world of decentralized finance (DeFi), one platform has emerged as a pioneer, capturing the attention of traders, investors, and political enthusiasts alike – PolymarketAs the US presidential election approaches, the innovative blockchain-based prediction market has seen a significant increase in trading activity, cementing its…
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Boosted By Trump Election Bets, Polymarket Hits Record $116M Trading Volume In July
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Copyright: thedefiant In the rapidly evolving world of decentralized finance (DeFi), one platform has emerged as a pioneer, capturing the attention of traders, investors, and political enthusiasts alike – PolymarketAs the US presidential election approaches, the innovative blockchain-based prediction market has seen a significant increase in trading activity, cementing its…
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Crypto CEX volume declined 17% in June: report
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The decline in Bitcoin prices and the overall market cap of cryptocurrencies has coincided with a decline in trading activity on centralized exchanges like Binance. Data from the WuBlockchain team revealed that spot cryptocurrency trading volumes on centralized exchanges (CEXs) fell 17% month-on-month (MoM) in June. Bitcoin (BTC) fell by…
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Crypto CEX volume declined 17% in June: report
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The decline in Bitcoin prices and the overall market cap of cryptocurrencies has coincided with a decline in trading activity on centralized exchanges like Binance. Data from the WuBlockchain team revealed that spot cryptocurrency trading volumes on centralized exchanges (CEXs) fell 17% month-on-month (MoM) in June. Bitcoin (BTC) fell by…
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Global Crypto Trading Volume to Surpass $108 Trillion in 2024, Europe Leads With 37.32%
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Global cryptocurrency trading volume is expected to exceed $108 trillion this year, reflecting an increase of about 90% compared to 2022, according to CoinWire. Europe has taken the lead in this growing market, accounting for 37.32% of the total cryptocurrency transaction value, and is expected to see a 2.7-fold increase…
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Global Crypto Trading Volume to Surpass $108 Trillion in 2024, Europe Leads With 37.32%
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Global cryptocurrency trading volume is expected to exceed $108 trillion this year, reflecting an increase of about 90% compared to 2022, according to CoinWire. Europe has taken the lead in this growing market, accounting for 37.32% of the total cryptocurrency transaction value, and is expected to see a 2.7-fold increase…
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Volume Up 90% — Good For ETH Price?
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Ethereum (ETH) has become a beacon in the sea of blockchains, seeing a staggering 92% increase in decentralized application volumes over the past week. However, this news comes with a layer of complexity, revealing a landscape of potential opportunities and setbacks for the leading blockchain. Related reading Cheap gas fuels…
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Volume Up 90% — Good For ETH Price?
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Ethereum (ETH) has become a beacon in the sea of blockchains, seeing a staggering 92% increase in decentralized application volumes over the past week. However, this news comes with a layer of complexity, revealing a landscape of potential opportunities and setbacks for the leading blockchain. Related reading Cheap gas fuels…
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Burn Rate Surges 16,854%, Trading Volume Rises 170%
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Shiba Inu (SHIB) July started on a positive note, with many Scales on the chain Drawing a bullish signal for the second largest meme coin by market cap. These bullish developments could provide a much-needed turnaround for the meme coin, which has been June to forget. SHIB burn rate increased…
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Burn Rate Surges 16,854%, Trading Volume Rises 170%
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Shiba Inu (SHIB) July started on a positive note, with many Scales on the chain Drawing a bullish signal for the second largest meme coin by market cap. These bullish developments could provide a much-needed turnaround for the meme coin, which has been June to forget. SHIB burn rate increased…
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Solana’s Stablecoin Volume Plummets To $7 B From $100 Billion
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Solana, The blockchain platform heralded as a rising star in the decentralized finance (DeFi) space has found itself at the center of a stunning revelation. According to recent reports, the platform’s daily stablecoin trading volume, which was once estimated at $75-100 billion, has dropped by a staggering 93% to just…
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Solana’s Stablecoin Volume Plummets To $7 B From $100 Billion
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Solana, The blockchain platform heralded as a rising star in the decentralized finance (DeFi) space has found itself at the center of a stunning revelation. According to recent reports, the platform’s daily stablecoin trading volume, which was once estimated at $75-100 billion, has dropped by a staggering 93% to just…
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Ripple (XRP) Trading Volume Soars Amid Ongoing Market Turbulence
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Ripple’s XRP has been one of the cryptocurrencies that has managed to maintain relative stability during the ongoing market turmoil. In fact, it has added 0.62% to its price over the past 24 hours and remains confined to a relatively narrow range at around $0.48. XRP trading volume increases Data…
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Here’s How Much Stablecoin Transfer Volume Has Increased Over the Past 4 Years
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According to Token Terminal data, monthly stablecoin transfer volume rose to over $1.68 trillion in April, representing a significant increase from the $100 billion recorded in October 2020. This 16-fold increase highlights the potential of stablecoins in enhancing financial operations and facilitating cross-border transfers. Record-breaking stablecoin volumes In a recent…
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Tron Network’s USDT Surpasses Visa’s Daily Transaction Volume
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The world of finance is undergoing a profound transformation, as the emergence of decentralized technologies challenges the dominance of traditional payment transactions and credit cards. In a notable development, the Tron network has achieved a milestone, with daily USDT transaction volume exceeding the average daily trading volume of global payment…
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Tron Network’s USDT Surpasses Visa’s Daily Transaction Volume
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The world of finance is undergoing a profound transformation, as the emergence of decentralized technologies challenges the dominance of traditional payment transactions and credit cards. In a notable development, the Tron network has achieved a milestone, with daily USDT transaction volume exceeding the average daily trading volume of global payment…