Ethereum Spot Trading Volume Falls Back to October 2023 Levels
According to CryptoRank, Ethereum DEX spot trading volume fell to $29 billion in July, down 76% from the all-time high of $122 billion recorded in August 2025, returning to October 2023 levels. Trading volume has declined by an average of 12.5% per month and, if this trend continues, is expected to reach a five-year low of $21.2 billion in approximately three months. — link
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