According to Odaily Planet Daily, according to Artemis data shared by on-chain analyst Peter Schroeder on X, cryptocurrency activity has picked up in the past week. DeFi transaction volume hit a high since March 2023 on August 5, which was also the fourth most active day in the DeFi field in the past three years.
Bridge trading volume also hit its highest single-day record since March 2023; Circle’s CCTP dominated, accounting for 35% of bridge activity.
Perpetual contract trading volume reached its highest level since March 2023, and was also its third highest trading day in the past year.
The number of stablecoin transfers hit an all-time high on August 5; the stablecoin supply reached its highest level since January 2022, currently at US$165.333 billion, with USDT accounting for 69.82%.