In Q2 2025, the crypto market showed a strong recovery, increasing total market capitalization by 24% to $3.5 trillion.
General Market Dynamics
The crypto market reached a total capitalization growth of 24%, helping to recover from an 18.6% decline observed in the previous quarter. This was made possible by positive changes in trader sentiment and increased interest in decentralized exchanges (DEX).
Performance of Major Cryptocurrencies
Bitcoin became the leader of growth, increasing its market share to 62.1%. Ethereum also showed a 36.4% increase, rising from $1,805 to $2,488, yet it remained below early 2025 levels.
Changes in Trading Activity
Despite the positive market developments, average monthly trading volumes fell by 26.2%. Traditional centralized exchanges (CEXs) faced the most significant losses, while DEX volumes rose substantially, gaining a larger market share.
Thus, despite the significant recovery of crypto market capitalization in Q2 2025, the trading activity results raise questions regarding the sustainability of the growth.
