Predicted weekly trading volume in the market to reach 10.8 billion US dollars, setting a new historical high
According to a16z crypto data, driven by multiple global events such as SpaceX's IPO, the US Iran peace agreement, the NBA Finals, and the World Cup, it is predicted that the market's weekly trading volume will reach $10.8 billion, setting a new historical high. The predicted market size has grown rapidly in the past year, with a weekly trading volume of approximately $500 million a year ago, and even during periods of market activity, the weekly trading volume remains below $1 billion; Since last autumn, trading volume has increased, and this spring it has stabilized in the range of $6 billion to $7 billion, with the current market size exceeding the peak level of a year ago.