Crypto Market Sees Peak Activity in June 2025 with $25 Billion Daily DEX Volume

Jakarta, Indonesia – The cryptocurrency market experienced a significant surge in activity between March and August 2025, with daily active users and decentralized exchange (DEX) trading volumes reaching unprecedented levels. Data compiled by Token Terminal, a leading on-chain analytics platform, highlights a peak in June 2025, where daily active users surpassed 12 million wallets and total daily trading volume on DEXs exceeded $25 billion (approximately IDR 405 trillion).

According to Token Terminal's analysis, Tron and Solana consistently dominated daily active users, with Tron maintaining a steady 2.5-3 million users and Solana contributing significantly to overall activity growth. While Ethereum and Bitcoin remained major players, newer networks like Base and Arbitrum One also enriched the blockchain ecosystem, indicating a diversifying user base.

The surge in activity during June 2025 coincided with heightened market enthusiasm and positive sentiment within the decentralized finance (DeFi) sector. Although activity saw a decline in July and August, it remained above the year's average, underscoring the sustained adoption of crypto despite market volatility.

Decentralized exchanges, particularly PancakeSwap and Uniswap, witnessed immense growth in trading volumes since May 2025. PancakeSwap emerged as a dominant force, recording daily transaction volumes in the tens of billions of US dollars, while Uniswap continued to serve as a benchmark DEX with its extensive ecosystem. The increasing adoption of Layer-2 blockchains such as Arbitrum One and OP Mainnet also contributed to this trend by offering more cost-efficient solutions for traders.

This data from Token Terminal underscores the growing interest from both retail and institutional investors in the crypto space. While the market remains susceptible to global sentiment shifts, the sustained user activity and trading volumes on DEX platforms reflect the ongoing mainstream integration of blockchain technology. Investors are advised to consider these trends while maintaining disciplined risk management strategies to navigate market uncertainties.