According to Foresight News, Coindesk cited IntoTheBlock data showing that Dogecoin (DOGE) network transaction volume exceeded 1.93 million in the past week, a new high since early July, surpassing other popular tokens such as Shiba Inu Coin (SHIB), Floki (FLOKI) and Pepe (PEPE). However, CoinGlass data shows that since late July, DOGE futures open interest has remained at around $500 million, indicating that new funds have not yet entered the market in large quantities. It is worth noting that despite the surge in trading volume, the current weekly trading volume is still lower than the peak level of 10 million in February 2024.