🚀 Stablecoin Market Reaches Record High with Increased Trading Activity
#Stablecoin #MarketCapitalization #TradingActivity #DailyTradingVolume #TransactionCount #InstitutionalActivity #TransactionFees #UserEngagement
According to Odaily, the total market capitalization of stablecoins has reached a historic high of $258.5 billion, marking a 2.7% increase from the previous month. The average daily trading volume of stablecoins has rebounded by 13.2% to $143.1 billion, reversing last week's decline, although it remains 6.3% lower compared to the previous month. However, the number of transactions has decreased by 10% week-on-week, totaling 35.3 million. This divergence between trading volume and transaction count may indicate an increase in average transaction size or heightened institutional activity.
The average daily transaction fees for stablecoins have risen by 8.9% week-on-week, reaching $23 million, demonstrating strong demand for stablecoin applications. Smaller protocols have shown impressive performance, with Sky's fees surging by 362.0% to $1.5 million, Ethena's increasing by 367.8% to $613,700, and Usual's fees skyrocketing by 8142.4% to $64,700. The growth in fees suggests a significant increase in user engagement across both major and emerging stablecoin platforms.#Stablecoin #MarketCapitalization #TradingActivity #DailyTradingVolume #TransactionCount #InstitutionalActivity #TransactionFees #UserEngagement
🚀 Bitcoin Treasury Firm Strategy Surpasses JPMorgan in Daily Trading Volume
#Bitcoin #TreasuryFirm #Strategy #MSTR #JPMorgan #DailyTradingVolume #Cryptocurrency #BTC
According to Odaily, Bitcoin Treasury company Strategy (MSTR) has reported a daily trading volume that now exceeds that of banking giant JPMorgan.#Bitcoin #TreasuryFirm #Strategy #MSTR #JPMorgan #DailyTradingVolume #Cryptocurrency #BTC
🚀 Kalshi's January Trading Volume Projected to Reach $9.1 Billion
#Kalshi #JanuaryTradingVolume #TradingVolume #NominalTradingVolume #Odaily #XPlatform #DailyTradingVolume #Finance #MarketAnalysis
KalshiData has reported on the X platform that as of January 23, the monthly nominal trading volume for Kalshi is approximately $6.7 billion. According to Odaily, the average daily trading volume stands at around $293 million. If the current pace continues, Kalshi's nominal trading volume for January is expected to reach approximately $9.1 billion.#Kalshi #JanuaryTradingVolume #TradingVolume #NominalTradingVolume #Odaily #XPlatform #DailyTradingVolume #Finance #MarketAnalysis