According to Artemis data shared by on-chain analyst Peter Schroeder on X, cryptocurrency activity has picked up over the past week, with:
DeFi trading volume hit a record high since March 2023 on August 5, which was also the fourth active day in the DeFi sector in the past three years.
Bridging transactions also reached their highest daily record since March 2023; Circle's CCTP dominated, accounting for 35% of bridging activity.
3. Perpetual contract trading volume reached its highest level since March 2023, and was also its third-highest trading volume in the past year.
4. The number of stablecoin transfers hit a record high on August 5.
5. Stablecoin supply reached its highest level since January 2022, currently at $165.333 billion, with USDT accounting for 69.82%.
The supply of stablecoins has reached its highest level since January 2022
2024-08-12 15:22:47
According to on-chain analyst peter schroeder share artemis datadesk3cryptocurrencydesktopCrypto News
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