The cryptocurrency market roared back to life in July, with total trading volume across exchanges soaring to $1.71 trillion, a 55% jump from June’s $1.1 trillion, according to data from The Block. This marks the highest volume since February, when trading peaked at $1.77 trillion, signaling a robust resurgence in market activity.
Binance maintained its dominance, leading the pack with a staggering $683.4 billion in volume, up from $436.2 billion the previous month.
This represents the platform’s strongest performance since January, underscoring its enduring appeal amid the market’s upward swing. Trailing behind are Bitget with $126 billion, Bybit with $122.3 billion, and Upbit with $110.2 billion, rounding out the top tier of centralized exchanges.
The surge in trading volume aligns with a notable rally in the crypto market during July. Bitcoin hit a new all-time high, gaining 7.5% over the month, while Ethereum saw an impressive nearly 50% increase, driving heightened investor interest. This bullish momentum has fueled activity across both centralized and decentralized platforms.
Also read:
- "Together" Emerges as a Body Horror Masterpiece, Earning 98% on Rotten Tomatoes
- AI and Children: The Market is Massive
- Roblox: A Metaverse Vision Built on Kid-Friendly Games
Decentralized exchanges (DEXs) also saw a significant uptick, with trading volume reaching $435.3 billion — the best since January. Leading the DEX charge was PancakeSwap, which recorded an impressive $188.6 billion, reflecting the growing popularity of decentralized trading ecosystems. As of August 2, 2025, this surge suggests the crypto market may be entering a sustained period of growth, with traders and investors capitalizing on the current bullish trends.
