July 2025 Exchange Volume Surges to $1.77 Trillion

The cryptocurrency market is regaining steam as July 2025 closed with $1.77 trillion in total exchange volume, making it the highest monthly volume since February. After months of moderate trading activity, the latest numbers suggest a resurgence in investor confidence and market momentum.

According to the chart data, Binance continues to dominate as the top exchange by volume, followed by Coinbase, Bitget, and Upbit. Interestingly, the collective category of “34 Others” contributed $587 billion, highlighting growing activity among smaller and emerging platforms.

Binance Remains the Powerhouse

Even amid regulatory challenges globally, Binance has maintained its leadership, showing a consistent volume trend month after month. In July, Binance’s volume remained a significant portion of the total $1.77 trillion, reinforcing its position as the go-to platform for global crypto traders.

Exchanges See Recovery After Market Lull

The data also reveals a noticeable recovery from the market downturn earlier this year. From April to June, volumes remained below the $2 trillion mark, but July’s strong performance signals renewed interest in the crypto space.

Compared to earlier months like March and May 2025, which hovered around the $1.3–$1.5 trillion range, July’s surge shows signs of a possible bullish continuation as traders return with higher conviction.

Altcoins and ETFs Fuel the Momentum

Analysts attribute the rising volumes not just to Bitcoin and Ethereum, but also to increased altcoin trading, growing interest in spot ETFs, and renewed institutional activity. As regulatory clarity improves across regions, more liquidity is flowing back into both centralized and decentralized platforms.

What’s Next for August?

With growing speculation around upcoming ETF approvals, macroeconomic announcements, and continued bullish sentiment, August could potentially break past the $2 trillion mark if momentum holds steady.

The market is watching closely. And if July is any indication, crypto is gearing up for a powerful second half of 2025.