🔵In July, trading volume on major centralized crypto exchanges reached $1.71 trillion — the highest since February and a 55% increase from June. Binance maintained its lead, posting its best result of the year at $683.41 billion. This surge in activity signals a renewed interest in the market after the summer lull.
🔵Decentralized platforms also saw record volumes — $435.3 billion — with PancakeSwap firmly taking first place in both transaction volume and fees. The spike in trading volume coincided with a rise in market capitalization of crypto companies, potentially indicating a strengthening industry outlook.
