# Volume Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Volume", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

The supply of Sui's stablecoin remains around $500 million, while transaction volume exceeds $65 billion

The supply of stablecoins on the Sui blockchain has remained stable at around $500 million for several months, a significant drop from its peak of $1.6 billion in May 2025. This stability contrasts with surging transaction volume. Following a May protocol update by Mysten Labs that eliminated transfer fees for seven specific stablecoins (including USDC and USDsui), the network has processed over $65 billion in fee-free stablecoin transfers since June 10. Cumulative stablecoin transaction volume on Sui since 2024 has exceeded $2.27 trillion across 16 billion transactions. Analysts note that zero-fee systems incentivize rapid movement of value rather than long-term storage, explaining the divergence between high transaction throughput and static supply. Significant growth in Sui's stablecoin supply would likely require new issuance or institutional adoption rather than just transfer activity, with USDC remaining the dominant stablecoin on the network.

cryptonews.ru32m ago

The supply of Sui's stablecoin remains around $500 million, while transaction volume exceeds $65 billion

cryptonews.ru32m ago

Upbit Accelerates Token Listings: Total Trading Volume Halved, New Tokens Support Nearly 30% Share

In the second half of 2026, Upbit significantly accelerated its pace of listing new cryptocurrencies, even as the overall Korean won-denominated trading market cooled rapidly. Monthly trading volume on Upbit plunged 63%, from KRW 72.7 trillion in January to KRW 27.1 trillion in July, with Bitcoin prices also falling. Contrary to the conventional logic of listing more during bull markets, Upbit intensified new listings during this downturn. New listings have become a crucial lever for Upbit to sustain trading activity in a bear market. By August, 61 new tokens listed in 2026 were collectively contributing nearly 30% of Upbit's total won trading volume, up from just 5% in January. This means roughly a quarter of the platform's fee revenue now comes from these newly listed assets. Standout performers like CHIP, RE, SLX, and CAP achieved significant individual market share shortly after listing, while new stablecoin listings contributed negligible volume. This strategy highlights a shift: the "Upbit listing premium," once a sought-after event to attract new capital, is increasingly used as a defensive tool to stabilize fee income amid shrinking overall volume. While the premium effect persists, indicating remaining genuine demand, its frequent use risks diluting the long-term strategic value and scarcity of Korean won liquidity access. Upbit's approach reflects a broader challenge for Asian centralized exchanges: relying on short-term listing tools to maintain operations during macro weakness, potentially at the cost of eroding long-term competitive foundations.

marsbit4h ago

Upbit Accelerates Token Listings: Total Trading Volume Halved, New Tokens Support Nearly 30% Share

marsbit4h ago

Goldman Sachs Research Report Analysis: Cryptocurrency Trading Declines for Ten Consecutive Months, Turning Point May Be Approaching

Gold Sachs Research Note: Crypto Trading Declines for Ten Months, Inflection Point May Be Near Crypto trading volumes fell 30% in July and 21% in August, marking ten consecutive months of decline—a duration now exceeding the median of past five cycles. However, in a report dated August 24, Goldman Sachs expresses "cautious optimism" for the second half, suggesting a market recovery could provide significant upside potential. The current crypto trading volume downturn has seen a 75% drop from its peak over ten months. While a brief rebound in April-May failed to sustain, a recent 21% market cap increase, if maintained, could signal a volume inflection point. Goldman notes sector valuations are near the 30th percentile of the past five years, presenting a favorable risk-reward profile. Key catalysts include regulatory progress, such as the SEC's innovation exemption proposal and over 15 crypto firms receiving federal banking charters by 2026, which could bolster institutional adoption. Furthermore, crypto companies have cut costs by ~5% on average in 2026, improving operating margins and preserving cash flow. The report highlights four Buy-rated stocks: HOOD ($124 target), IBKR ($114 target, on Conviction List), FIGR ($43 target), and COIN ($196 target), each benefiting from distinct growth drivers like structural account growth, international expansion, or regulatory tailwinds. Overall, Goldman argues the sector has priced in significant pessimism, with a potential reversal supported by seasonal trends, election cycles, and a combination of market cap recovery, cost-cutting, and regulatory reforms.

marsbit7h ago

Goldman Sachs Research Report Analysis: Cryptocurrency Trading Declines for Ten Consecutive Months, Turning Point May Be Approaching

marsbit7h ago

NFT Sales Surge 170% to $95.48 Million Over the Past Week

NFT sales surged by 170% over the past week to reach $95.48 million, largely driven by a single major transaction involving the hybrid NFT project Pandora. Pandora dominated the collections ranking with $55.21 million generated from just nine transactions, accounting for approximately 58% of all NFT sales in the past seven days. The number of buyers increased by 49% to 172,739, while sellers rose by 50% to 159,275. However, the total number of transactions saw only a 7.5% increase to 962,992. This indicates the sharp rise in dollar volume was not matched by a similar increase in transaction count, with the average transaction value rising to about $99 from $39 the previous week. Ethereum led among blockchains with $70.81 million in NFT sales, a 546% increase from the week before. Polygon followed in second place with $10.91 million in sales, down 9.54%, while Base took third with $4.59 million, up 107%, alongside an 86.74% increase in buyer addresses to 2,168.

cryptonews.ruYesterday 18:21

NFT Sales Surge 170% to $95.48 Million Over the Past Week

cryptonews.ruYesterday 18:21

The Speculator's Dream

A sharp rise in Bitcoin prices has revived speculator activity. Trading volumes for cryptocurrency futures on the SPB Exchange reached a record 70 billion rubles over two days, while Forex market participants also reported a doubling in the volume of Bitcoin CFD trades. However, cryptocurrency futures remain a niche instrument of interest to a limited circle of traders. On August 20, trading volumes for "neo-assets" (perpetual futures) on the SPB Exchange exceeded 50 billion rubles for the first time, with 80% of total volume attributed to these contracts. The surge is linked to investors capitalizing on Bitcoin's rapid price increase of over 12% in three days, surpassing $77,000 for the first time since May. Forex dealers also saw increased activity, with trading volumes for Bitcoin CFDs at "Alfa-Forex" jumping to 5.5–6.5 million rubles per day, compared to an August average of 2.5 million. Despite the volatility, crypto futures are still a minor market segment. For comparison, July's estimated crypto futures volume on the Moscow Exchange was under 40 billion rubles, while USD/RUB futures for September saw 164 billion rubles in volume on August 20 alone. Analysts attribute the niche status to a lack of demand from large investors for hedging, the unpredictability of crypto prices compared to traditional assets, and structural factors like overnight/weekend trading halts and associated carrying costs.

cryptonews.ru08/21 18:55

cryptonews.ru08/21 18:55

Trump Constantly Mentions HYPE in His Remarks, Driving HYPE's Price to Soar Toward Record Highs

Former US President Donald Trump, during a White House meeting with leaders from crypto, tech, and financial firms on August 19, specifically mentioned CFTC Chairman Michael Selig's work on the Hyperliquid project. Trump's remarks focused on efforts to bring Hyperliquid to the US market compliantly. Attendees included executives from Coinbase, Ripple, Robinhood, SEC, Kraken, Gemini, Cboe, and ICE. Following Trump's comments, Hyperliquid's native token, $HYPE, surged roughly 20-25% within 24 hours, trading between $70-$73, nearing its June 2026 all-time high of over $76. Its market cap approached $18 billion, with daily trading volume exceeding $1.3 billion, ranking it 9th among tokens. However, Trump's statement did not announce any regulatory approval, CFTC registration, or specific US launch timeline. Hyperliquid's main interface still blocks US users, meaning traders were betting on a potential regulatory breakthrough, not a finalized deal. Hyperliquid is a blockchain built for trading, specializing in perpetual futures. It matches orders directly on-chain, aiming for centralized exchange speed while maintaining DeFi transparency and self-custody. At times, it has handled 40-70% of decentralized perpetual futures trading volume. The $HYPE token, launched via an airdrop in November 2024, is central to the network's economics. A significant portion of protocol fees goes to a buyback fund, creating sustained demand for the token. Trump's endorsement is seen as a catalyst for potential US market access, which could open the platform to institutional traders. Shares of Nasdaq-listed Hyperliquid Strategies, centered around $HYPE holdings, also jumped 30-31%, while shares of traditional derivatives operators like Cboe and CME fell. The path to a US launch remains a regulatory "minefield," involving unresolved issues on asset custody, leverage, market oversight, and customer protection. Traders now await concrete proposals from the CFTC, making $HYPE's recent gains dependent on follow-through actions after Trump's supportive signal.

cryptonews.ru08/20 15:37

Trump Constantly Mentions HYPE in His Remarks, Driving HYPE's Price to Soar Toward Record Highs

cryptonews.ru08/20 15:37

Bitcoin 'Whale Investors' Increase Their Holdings by 43,000 BTC, Ending a Months-Long Selling Wave

Large Bitcoin holders, defined as non-exchange and non-mining pool wallets, have accumulated approximately 43,000 BTC (worth around $2.9 billion) over the past 60 days. This marks a significant reversal from a several-month period where this same group were net sellers, contributing to downward pressure on Bitcoin's price following its October 2025 all-time high. The accumulation began when Bitcoin fell to around $60,000, a level that seemingly attracted large holders who had stayed on the sidelines during the sharper phase of the decline. Bitcoin has since recovered to trade in a narrower range between $62,000 and $65,000. This renewed demand is not limited to the largest "whale" wallets. Balances of so-called "dolphin" holders also increased in the same period, indicating a broader accumulation trend beyond just a handful of mega-wallets. This activity occurs against a backdrop of declining overall market activity, with August spot trading volumes hitting their lowest monthly level since August 2021, meaning the whale purchases represent a disproportionately large share of total market activity. This buying shift contrasts with the dominant selling trend seen for much of 2026 from other major entities. Looking ahead, a key factor to watch is whether this large-investor activity persists as Bitcoin approaches the upper bound of its recent $62k-$65k trading range.

cryptonews.ru08/19 13:36

Bitcoin 'Whale Investors' Increase Their Holdings by 43,000 BTC, Ending a Months-Long Selling Wave

cryptonews.ru08/19 13:36

Trade.xyz Captures Over Half of Hyperliquid's Trading Volume with AI Chip Stocks and Crude Oil Perpetual Contracts

**Title:** Trade.xyz Captures Over Half of Hyperliquid's Trading Volume with AI Chip Stocks and Oil Perpetuals **Summary:** Driven by the launch of AI chip stock and oil perpetual contracts, Trade.xyz has become the dominant builder on Hyperliquid following its HIP-3 upgrade, now accounting for over 55% of the platform's trading volume. The HIP-3 proposal shifted market creation from validator votes to a staking and auction model, allowing builders like Trade.xyz to deploy their own perpetual futures markets. Trade.xyz's focus on traditional assets like AI/Compute equities, crude oil, and major indices has attracted significant on-chain trading activity. In the past month alone, it generated approximately $5 million in fees, which are split 50/50 with Hyperliquid. A significant portion of this revenue is used for open-market buybacks of the HYPE token, reducing its circulating supply and creating a direct link between platform activity and token value capture. This growth highlights both the potential for ecosystem concentration around a single major builder and the evolving mechanisms for HYPE's value accrual.

marsbit08/19 09:41

Trade.xyz Captures Over Half of Hyperliquid's Trading Volume with AI Chip Stocks and Crude Oil Perpetual Contracts

marsbit08/19 09:41

Explosive Growth in Trading Volume for 15 Altcoins Observed on South Korea's Largest Cryptocurrency Exchanges!

Trading volumes for altcoins have surged on South Korea's two largest crypto exchanges, Upbit and Bithumb. Data from the past 24 hours highlights Cysic ($CYS), Cap ($CAP), Ontology Gas (ONG), and CoW Protocol ($COW) as the most actively traded altcoins by South Korean investors. Combined trading volume in Korean Won across both exchanges shows Cysic ($CYS) leading with $36.4 million, nearly all from Bithumb, accounting for about 17.9% of the exchange's total spot trading volume. On Upbit, Cap ($CAP) was notable with $22.1 million in volume, and an additional $2.1 million on Bithumb brought its total to $24.2 million. The top 15 altcoins by combined 24-hour trading volume on Upbit and Bithumb are: 1. Cysic ($CYS) – $36.4M 2. Cap ($CAP) – $24.2M 3. Ontology Gas (ONG) – $19.7M 4. CoW Protocol ($COW) – $19.4M 5. Perle (PRL) – $14.3M 6. Derive (DRV) – $13.2M 7. $XRP – $13.2M 8. Hemi (HEMI) – $13M 9. USD.AI (CHIP) – $12.6M 10. Fusionist (ACE) – $9.7M 11. Geodnet (GEOD) – $7.6M 12. Enso (ENSO) – $7.4M 13. Worldcoin (WLD) – $7.1M 14. DAPPOS (DOS) – $7.1M 15. DOM (DOM) – $6.7M *This is not an investment recommendation.

cryptonews.ru08/16 20:05

Explosive Growth in Trading Volume for 15 Altcoins Observed on South Korea's Largest Cryptocurrency Exchanges!

cryptonews.ru08/16 20:05

Kraken's Parent Company Reports 17% Revenue Growth Despite Trading Volume Decline in Q2

Kraken's parent company Payward reported a 17% year-over-year increase in adjusted revenue to $508 million in Q2, despite a decline in trading volumes. Total transaction volume fell 13% to $310 billion, while the number of funded accounts grew 42% to 6.6 million. Adjusted EBITDA remained positive at $23 million. Notably, 60% of total revenue came from assets and other sources, up from 55% a year earlier, indicating a strategic shift toward non-transaction income. The company offset weaker spot crypto activity with growth in traditional futures, equities, and tokenized stock segments. Payward has expanded beyond spot crypto trading, entering new markets like equities and pre-IPO investments over the past year. Key acquisitions, including futures platform NinjaTrader and regulated derivatives exchange Bitnomial, supported its financial infrastructure growth.

cryptonews.ru08/14 19:26

Kraken's Parent Company Reports 17% Revenue Growth Despite Trading Volume Decline in Q2