Total market capitalization of cryptocurrency exceeded $ 4 billions of dollars, led by solid price movements Bitcoin BTC / USD,, Ethereum ETH / USDAnd Xrp ETH / USDAccording to the Coingecko report in 2025 Q2.
What happened: Bitcoin represents 59.9% of the market and Ethereum 10.8%, according to the report.
XRP also emerged as the first artist.
The assets exceeded $ 3.60, raising its market capitalization of more than $ 210 billion and positioning it as the third largest cryptocurrency.
On the main exchange of South Korea BitThe XRP / KRW negotiation volume reached $ 2.2 billion in the last 24 hours, which represents 33% of the total volume of the platform.
This point reflects the wider scheme of an intense retail negotiation activity in Korea, where XRP has historically benefited from a high interest in investors because of its low unit price, its high volatility and its familiarity between local merchants.
Korean markets often have a concentrated volume around the selected tokens, and XRP has always been one of the most negotiated assets in the region.
The recent price wave has probably triggered purchase on momentum, still amplified by the KRW pairs of Upbit, which offer direct fiduciary access, a key factor in the retail structure of Korea.
“This quarter shows a market that recovers in value but changes structure,” said the Coingecko report. “Punctors volumes on centralized exchanges are decreasing, while Dex activity continues to climb.”
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Why is it important: The report highlights a 24% increase in total market value for the second quarter, with $ 663.6 billion in recovered capital with the market to 3.5 billions of dollars by the end of June.
The continuous assessment of prices at the beginning of the third quarter has now propelled the total to more than 4 dollars.
“The capital has sank massively into the BTC”, noted the report, “pushing its domination of the market in front of 62%, while Altcoins had trouble resuming momentum.”
Despite the weakness of Altcoin, Ethereum was the only non-BTC top-7 to display a gain in domination.
Meanwhile, decentralized exchanges have displayed their strongest quarter to date.
The volume of trading DEX Spot increased by 25.3% in a quarter to 876.3 billion dollars, pushing the volume ratio ofx / CEX to a summit of 0.23.
Pancakeswap Cake / USD appeared as the largest DEX, capturing 45% of the T2 trading volume after Binance Alpha began to drive the transactions via its liquidity pools.
Perpetual trade on decentralized platforms has also reached record heights.
Hyperliquidal Media / USD threshing Had 72.7% of the volume DEX PERP, recording $ 653.2 billion in the second quarter.
The total for all perprestralized platforms amounted to $ 898 billion.
The addition to the momentum of the market was Circle‘s CRCL IPO, which has been overwritten 25 times.
The action made its debut at $ 31 and culminated at $ 298.99 in a few weeks.
“The action of the Post-Opo CRCL prices has been extremely volatile,” noted the report, but it ended the quarter as Bellwether for Crypto-Equity multisgments.
What is the next step: Despite the broader market rebound, the centralized exchange activity has delayed.
The cash trading volume between the main Cexes dropped from 27.7% to 3.9 billions of dollars in the second quarter, the binance remaining the highest platform despite decreased volumes.
“Data report more than recovery,” wrote Coingecko. “It reflects a change of deepening towards decentralization in infrastructure and commercial behavior.”
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