TechFlow news, July 7 — Matrixport released a chart analysis today indicating that retail trading activity in the crypto market has remained weak throughout the year. Spot daily trading volume has dropped to $775 million, while Binance's average daily turnover has shrunk to $5 billion, hitting its lowest level since September 2024. The clear decline in trading volume reflects a broad retreat in retail investor enthusiasm.
Market activity has gradually cooled since the launch of the TRUMP meme coin in January. With $782 million worth of TRUMP tokens set to unlock next week, the increased supply could further intensify selling pressure, prompting some holders to exit and cash out. If there is insufficient buying demand, short-term volatility may increase.
The market currently lacks new catalysts, and most retail investors appear to have already entered "summer break mode."
