Altcoin trading volumes hit multi-month lows across major exchanges amid waning interest
Altcoin spot volumes collapse. Binance falls to $7.7B, near 40% share.
Altcoin trading keeps shrinking. Activity sits at multi‑month lows across the market.
CryptoQuant data shows a sharp drop in spot volumes versus February and October 2025 peaks on CryptoQuant. Binance now handles $7.7B in altcoin spot volume. Other major exchanges combine for $18.8B source.
That puts Binance near 40% market share, per the same dataset CryptoQuant.
- MEXC 7.62% data
- Bybit 6.07% data
- OKX 6.00% data
- Bitget 5.61% data
- HTX, Coinbase, Upbit 4.57–5.38% each data
Volumes sit far below 2025 highs. In October 2025, Binance printed $40–50B. Others hit about $63B CryptoQuant.
February 2025 was stronger. Competing platforms processed roughly $91B in altcoin flows source.
The Jan 2025–Mar 2026 chart shows the slide clearly. Spikes above $40B faded into near‑baseline readings from early 2026 chart.
Macro backdrop stays risk‑off. Geopolitics and a bear setup keep investors defensive Bitcoinist, NewsBTC.
Flows prioritize Bitcoin. It draws attention first, leaving altcoins lagging Bitcoinist.
Analyst Darkfost notes a pattern. Volume spikes in October and February aligned with local tops and FOMO, often used as exit liquidity CryptoQuant.
Extremely low‑interest phases often coincide with depressed sentiment and low expectations. Some see these as the times when opportunities appear NewsBTC.
