People traded nearly $1.9 trillion worth of cryptocurrency on major platforms in August—the highest amount since January.
The Highlights:
- Biggest Exchange: Binance led the way with over $737 billion in trades.
- Ethereum’s Moment: The surge was fueled by growing interest in Ethereum, with new Ethereum investment funds seeing huge inflows while Bitcoin funds saw money leave.
- Decentralized Platforms: Trading on peer-to-peer platforms (DEXs) also hit a 2024 high, with Uniswap being the most popular.
