Cryptocurrency Exchange Trading Volume Doubles in Five Days! Will the Recovery Continue? Here Are the Details

cryptonews.ruPubblicato 2026-08-25Pubblicato ultima volta 2026-08-25

Introduzione

Trading volumes on centralized cryptocurrency exchanges (CEX) have surged, doubling over five days to surpass $37 billion daily, a recovery from annual lows. However, this level remains far below the 12-month peak of $105 billion. Overall August volume is also showing recovery signs. Analysts note that in the current market cycle, CEX spot volumes face new competition from spot crypto ETFs, which are diverting institutional capital for major assets like Bitcoin and Ethereum into traditional finance channels. The growth of ETFs and Digital Asset Trusts (DATs) may exert long-term pressure on CEX volumes. Meanwhile, demand for altcoins is expected to stay largely on CEX platforms due to their advantages in listing speed, wide range of trading pairs, and advanced tools for small-cap tokens. The recent market rally, with Bitcoin and Ethereum rising over 23% and 30% respectively last week, supported the volume increase. Altcoin market cap also grew approximately 13%. A third factor potentially diverting volume from CEXs is the rapid adoption of decentralized exchanges like Hyperliquid and Lighter. Nonetheless, all trading infrastructures could benefit if the market's upward trend continues.

With the resumption of trading activity in cryptocurrency markets, trading volumes on centralized exchanges have increased significantly over a short period. The daily trading volume, which doubled over five days last week, has recovered from its annual low and exceeded $37 billion. However, despite this growth, the volume remains significantly below the 12-month peak of $105 billion recorded after major liquidations on October 10th.

The total trading volume for August also reflects a recovery in market activity. According to data, approximately $490 billion in transactions were executed on centralized exchanges in the first half of the month. In July, this figure was $670 billion.

Analysts note that in the current cycle, spot trading volumes on centralized exchanges (CEX) are forced to compete with spot cryptocurrency ETFs, unlike in previous periods. While a significant portion of investor demand was previously met directly through centralized exchanges, with the proliferation of ETF products, some capital for major assets like Bitcoin and Ethereum is flowing into traditional financial channels.

It is noted that the proliferation of cryptocurrency ETFs and digital asset management (DAT) companies could exert long-term pressure on centralized exchange trading volumes. In turn, demand in the altcoin market is expected to remain largely concentrated on CEX platforms. Rapid listing, a wide range of trading pairs, and advanced trading tools for tokens with small market capitalization are advantages that ETF and DAT structures cannot easily offer.

The strong market rally has also supported trading volumes. Bitcoin rose by more than 23% last week, and Ethereum by more than 30%. The altcoin market, representing the total market capitalization of cryptocurrencies excluding BTC and ETH, also grew by approximately 13% over the same period.

On the other hand, the rapid adoption of decentralized exchanges, such as Hyperliquid and Lighter, stands out as a third important factor that could divert trading volume away from CEX platforms. Nevertheless, it is suggested that all various trading infrastructures could benefit from growing demand for tokens if the market continues to rise.

*This is not investment advice.

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Domande pertinenti

QHow much did the daily trading volume on centralized exchanges increase over the five days mentioned?

AThe daily trading volume on centralized cryptocurrency exchanges doubled over the five days of the previous week.

QWhat is one key competitor for spot trading volumes on centralized exchanges (CEX) in the current market cycle, according to analysts?

AAnalysts note that spot trading volumes on CEXs are now competing with spot cryptocurrency ETFs, unlike in previous cycles.

QWhich two major cryptocurrencies saw significant price increases last week, supporting the rise in trading volume?

ABitcoin rose by more than 23% and Ethereum rose by more than 30% last week.

QWhat is the third major factor mentioned that could divert trading volume away from CEX platforms?

AThe rapid adoption of decentralized exchanges (DEX), such as Hyperliquid and Lighter, is highlighted as a third important factor that could divert trading volume from CEX platforms.

QAccording to the article, where is the demand for altcoins expected to remain largely concentrated?

AThe article states that demand in the altcoin market is expected to remain largely concentrated on CEX platforms due to advantages like rapid listing, a wide range of trading pairs, and advanced trading tools for small-cap tokens.

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