# 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.

Solana On-Chain Liquidity Leadership Widens As DEX Volume Stays Robust Across The Network

Despite a volatile market with sideways price movements, the Solana network continues to demonstrate robust on-chain activity and performance. It has solidified its leadership in on-chain liquidity, processing a dominant $6.7 billion in DEX volume, which surpasses all other layer 1 and layer 2 solutions. This reflects strong trading environment, deep liquidity pools, and sustained user engagement. Further signaling strength, Solana's derivatives market is expanding, with open interest reaching $3.35 billion, indicating significant new capital inflows and trader activity. The network closed 2025 with record on-chain performance, showing growth in real economic activity, applications, and users. Key developments fueling this growth include a massive $900 million+ spike in stablecoin supply within 24 hours, driven by Jupiter's new stablecoin launch, and Morgan Stanley's filing for a Spot Solana ETF, pointing to a resurgence in institutional crypto flows.

bitcoinist01/09 18:14

Solana On-Chain Liquidity Leadership Widens As DEX Volume Stays Robust Across The Network

bitcoinist01/09 18:14

Polygon jumps 18% – How POL erased all of December’s losses

Polygon (POL) surged 18% to $0.151, erasing all losses from December and reaching a two-month high. The rally was supported by a significant increase in trading volume and market cap, indicating strong capital inflows. Buyers demonstrated sustained conviction, with higher buy volume and positive accumulation metrics, despite active selling pressure. Amid the bullish momentum, Polygon’s CEO announced the "Open Money Stack" vision—a vertically integrated system designed to move global money on-chain with improved reliability and scalability. Technical indicators like the RSI (77) and DMI-SMI (61) suggest strong upward momentum, though the token is nearing overbought conditions. If buyer dominance continues, POL could break the $0.16 resistance and target $0.18. A reversal, however, might see a pullback to $0.12.

ambcrypto01/09 12:02

Polygon jumps 18% – How POL erased all of December’s losses

ambcrypto01/09 12:02

Polygon (POL) Catches a Bullish Breeze: How Far Can the 17% Rally Stretch?

Amidst a generally neutral crypto market, Polygon (POL) has emerged as a standout performer with a significant 17.14% surge in the past 24 hours. The token broke through key resistance levels, climbing from a low of $0.1264 to a high of $0.1506, and is currently trading around $0.1485. This rally was accompanied by a massive 127% increase in daily trading volume, reaching approximately $221 million. Technical indicators suggest the bullish momentum could continue. The MACD line has moved above the signal line, indicating a positive outlook, and the CMF value of 0.23 reflects strong buying pressure. However, the daily RSI reading of 74.33 points to an overbought market, signaling a potential risk of a short-term pullback or consolidation. Key resistance to watch is at the $0.15 level, while nearby support sits at $0.1470.

TheNewsCrypto01/09 11:36

Polygon (POL) Catches a Bullish Breeze: How Far Can the 17% Rally Stretch?

TheNewsCrypto01/09 11:36

HTX Releases 2025 Recap and 2026 Outlook Report: Trading Volume Steadily Grows and Longtermism Defines the Next Expansion Cycle

Amid global macroeconomic uncertainty and a maturing crypto cycle, 2025 marked a shift from sentiment-driven trading to structural rebalancing. HTX released its annual report, highlighting robust growth: registered users surpassed 55 million, trading volume reached $3.3 trillion (up 39% YoY), and net capital inflows totaled $608 million, all while maintaining a zero-security-incident record. Spot trading volume exceeded 1.9 trillion USDT, with smart trading tools like bots seeing a 97% volume increase. The exchange listed 166 new assets, capturing early value in narratives like memecoins and AI. Futures trading grew 50% YoY to $1.4 trillion, supported by product upgrades and improved liquidity. HTX expanded its multi-layer capital management services, including Earn, Margin, and Collateral Swap, serving over 600,000 users. Security remained a cornerstone with monthly Proof of Reserves showing ratios above 100% for all major assets. Compliance advanced with progress in multi-jurisdictional licensing. Looking to 2026, HTX will focus on enhancing core trading products, improving capital efficiency, and strengthening security and compliance to drive long-term ecosystem growth.

TheNewsCrypto01/09 07:23

HTX Releases 2025 Recap and 2026 Outlook Report: Trading Volume Steadily Grows and Longtermism Defines the Next Expansion Cycle

TheNewsCrypto01/09 07:23

Bitcoin Activity Decline Continues: Volume Downtrend Extends To 3 Years

Bitcoin's total transfer volume, a key indicator of on-chain network activity, has been in a sustained downtrend for three years, declining even as the asset's price has appreciated significantly. This trend, observed in both 30-day and 365-day simple moving averages, suggests a decrease in investor transfer activity. A potential reason for this cooldown is the rise of US spot Bitcoin ETFs, which allow for off-chain investment, meaning on-chain metrics no longer capture the full scope of market activity. In a separate development, a positive Coinbase Premium Gap during a recent price surge indicated strong buying pressure from US institutional investors. At the time of writing, Bitcoin's price was around $90,700.

bitcoinist01/08 14:31

Bitcoin Activity Decline Continues: Volume Downtrend Extends To 3 Years

bitcoinist01/08 14:31

DeFi Gold Rush: 6 Metrics to Filter Out 90% of Shitcoins

Title: DeFi Gold Rush: 6 Key Metrics to Filter Out 90% of Low-Quality Projects This article explains how to evaluate crypto projects using on-chain fundamental metrics, a revolutionary advantage DeFi has over traditional finance. Unlike quarterly corporate reports, DeFi data is transparent, real-time, and publicly available on the blockchain. The author, drawing on four years of experience, including work with DefiLlama, outlines six core metrics: 1. **TVL (Total Value Locked):** The total value of assets deposited in a protocol. It's a measure of trust but should be analyzed alongside activity metrics as it's highly correlated with token prices. 2. **Fees, Revenue & Holders' Revenue:** *Fees* are the total amount users pay (gross revenue). *Revenue* is the portion of fees kept by the protocol (gross income). *Holders' Revenue* is the share distributed to token holders via buybacks or dividends. 3. **Volume:** Tracks trading activity on DEXs and perpetual exchanges. Market share trends within a category are often more insightful than absolute numbers. 4. **Open Interest:** The total value of unsettled derivative contracts, indicating liquidity on a platform. It can collapse quickly during market volatility. 5. **Stablecoin Market Cap:** The total value of stablecoins on a blockchain, representing real capital inflows into an ecosystem, unaffected by token price volatility. 6. **App Revenue & Fees:** The total fees and revenue generated by all applications on a blockchain, excluding stablecoins and gas. It acts as a "GDP" for a chain's economic activity. The article provides a three-step framework for analysis: 1. **Focus on sustained, stable growth** over time rather than short-term spikes. 2. **Track both stock metrics** (e.g., TVL, OI) and **flow metrics** (e.g., Fees, Volume) to get a complete picture of capital deposits and actual activity. 3. **Consider token unlocks and incentives**, as they create sell pressure. High revenue is less impressive if it's outweighed by token emissions. The key takeaway is that these on-chain fundamentals provide a powerful filter to identify valuable projects with real traction long before market narratives catch up.

marsbit01/08 13:08

DeFi Gold Rush: 6 Metrics to Filter Out 90% of Shitcoins

marsbit01/08 13:08

Dogecoin jumps 23% as whales stay quiet — Why that matters for DOGE

Dogecoin surged 23% this week, breaking out of its recent trading range and approaching the $0.15 level. The rally was supported by a significant increase in trading volume, indicating genuine buying interest rather than speculative air. Key technical indicators turned bullish: the RSI showed strength without immediate exhaustion, and the MACD flipped positive, confirming a short-term trend reversal. Notably, large holders (whales) did not sell into the rally. Wallets holding between 100 million and 1 billion DOGE remained stable, with no signs of major profit-taking. Meanwhile, the Mean Dollar Invested Age continued to rise, suggesting reduced selling pressure from older coins. This combination created a favorable environment for price appreciation. Social volume and mentions of Dogecoin increased significantly, driven by a broader memecoin revival that also boosted tokens like PEPE, POPCAT, and MOG. While social dominance hasn’t peaked yet, growing attention could provide further momentum. In summary, DOGE’s rally appears sustainable—supported by technical strength, quiet whales, low selling pressure, and increasing social buzz.

ambcrypto01/08 11:03

Dogecoin jumps 23% as whales stay quiet — Why that matters for DOGE

ambcrypto01/08 11:03

Digging into 290,000 Market Data Points: Revealing 6 Truths About Polymarket's Liquidity

Based on an analysis of 295,000 markets on Polymarket, this report uncovers six key truths about its liquidity. A significant portion (22.9%) of markets are ultra-short-term (under 1 day), with 63% of these currently having zero trading volume, resembling the illiquidity of meme coins. While short-term crypto and sports markets exist, sports dominates short-term volume ($1.32M average) compared to crypto ($44k). Conversely, long-term markets (over 30 days), though fewer in number, are liquidity powerhouses, attracting large capital with an average liquidity of $450k. U.S. politics is the top category here, with an average trading volume of $28.17M. The analysis reveals a clear market dichotomy: short-term "casino-like" markets (crypto, sports) for small, high-frequency players, and long-term "macro" markets (politics, geopolitics) for large, patient capital. Most markets are concentrated in a few high-volume events, with 47% of all trading volume occurring in just 505 markets. New, complex markets like U.S. real estate face a "cold start" problem due to high expertise requirements and low volatility. Finally, the "Geopolitics" category is the fastest-growing, with the highest ratio of active-to-total markets (29.7%), indicating rising user interest. The core finding is that liquidity is not evenly distributed but clusters around events that offer either instant feedback or deep macro narratives.

marsbit01/08 07:34

Digging into 290,000 Market Data Points: Revealing 6 Truths About Polymarket's Liquidity

marsbit01/08 07:34

Solana ETF Volume Explodes: Anomaly Or New Normal?

Solana spot ETFs experienced a significant surge in trading volume, reaching $220 million on January 6, 2026, surpassing the previous record of $122 million set during their October 2025 launch. This spike coincides with a price rally and a filing by Morgan Stanley for its first Solana and Bitcoin ETFs. While Bitcoin ETF data shows volume surges can indicate either sustained support or local reversals, it's unclear if Solana's recent activity is an anomaly or the beginning of a new trend due to its relatively short history. At the time of writing, Solana's price was around $138, up over 9% in the past week.

bitcoinist01/08 07:01

Solana ETF Volume Explodes: Anomaly Or New Normal?

bitcoinist01/08 07:01

TVL, Trading Volume, Open Interest: How to Use DeFi Data to Find the Next Breakout Project?

Analyzing DeFi projects requires moving beyond hype and narratives to focus on on-chain fundamentals—a revolutionary advantage over traditional finance due to its real-time, transparent data. Key metrics include: - **TVL (Total Value Locked)**: Reflects assets deposited in a protocol, similar to AUM in TradFi, but should be combined with USD net inflows to distinguish actual deposits from price changes. - **Fees, Revenue, and Holder Revenue**: Fees are total user payments (gross revenue), revenue is the protocol’s share (gross income), and holder revenue is what token holders earn via dividends or buybacks. - **Volume**: Tracks trading activity on DEXs and perpetual exchanges, with market share trends often more meaningful than absolute numbers. - **Open Interest**: Measures active derivative positions, indicating liquidity and platform resilience during volatility. - **Stablecoin Market Cap**: Represents real USD capital flowing into a blockchain, a key indicator of ecosystem growth. - **App Revenue & Fees**: The "GDP" of a chain, showing economic activity excluding stablecoins and gas fees. Effective analysis prioritizes sustained growth over time, combines stock metrics (e.g., TVL) with flow metrics (e.g., fees), and accounts for token unlocks and incentives that may cause sell pressure. Platforms like DefiLlama provide real-time data to identify trends early, as seen with Polymarket and Hyperliquid’s growth before they peaked. Mastering these metrics helps cut through noise and spot genuinely valuable projects.

marsbit01/08 05:02

TVL, Trading Volume, Open Interest: How to Use DeFi Data to Find the Next Breakout Project?