According to Odaily, on-chain analyst Peter Schroeder shared Artemis data on X, revealing a notable increase in cryptocurrency activity over the past week. Key highlights include a surge in DeFi trading volume, which reached its highest point since March 2023 on August 5, marking the fourth most active day in the DeFi sector over the past three years. Additionally, bridge transaction volume hit its highest single-day record since March 2023, with Circle's CCTP dominating 35% of the bridging activity.
Perpetual contract trading volume also saw a significant rise, achieving its highest level since March 2023 and ranking as the third highest trading day in the past year. Stablecoin transfer numbers reached an all-time high on August 5, while the stablecoin supply climbed to its highest level since January 2022, currently standing at $165.33 billion, with USDT accounting for 69.82% of the total.
