Coinbase has reached a major milestone, with trading volume rising to a record $119 billion last week and reaching a daily average of nearly $20 billion.

Coinbase Hits New High with $119 Billion in Weekly Trading Volume

This represents a 124% increase over the previous week's total and a staggering 164% increase in daily averages.

For comparison, the platform’s daily trading volume averaged just $2.5 billion during November, with a sharp increase in December, with daily averages approaching $10 billion.

Dominance of $BTC

and ETH Trading Pairs