Crypto Volume Drops To 2-Year Low—Is A Relief Rally Next?
Crypto trading volume has fallen to its lowest level in two years, signaling weaker investor interest and lower participation on exchanges. Santiment says combined sector volume peaked in mid-2025 and has trended down since, with traders staying cautious amid macro uncertainty, geopolitical tensions, and recent liquidations. Despite the bearish-looking drop in activity, low-volume periods have historically preceded some of crypto’s strongest recoveries. In contrast, network adoption is still rising: the number of non-empty addresses, or total holders, has increased across major assets. Ethereum stands out with the highest holder count at about 195 million, even as its price performance has lagged broader attention. Bitcoin was trading near $62,700, up 1.8% over 24 hours.
