In October, the total transaction volume of Bitcoin and Ethereum on the chain increased by 34.8%, and the spot transaction volume of compliant CEX increased by 55.2%.

The Block Pro data shows that the total transaction volume on the Bitcoin and Ethereum chains, adjusted for October, increased by 34.8% to $196 billion, with Bitcoin chain transactions increasing by 45.7% and Ethereum chain transactions increasing by 20.1%. Adjusted stablecoin chain transaction volume increased by 19.2% to $554.6 billion; the issued supply decreased by 0.2% to $115.8 billion, with USDT and USDC market shares of 73.2% and 19.6%, respectively. In October, Ethereum NFT platform transaction volume increased by 2% to $267 million. Blur platform transaction volume has surpassed OpenSea for 9 consecutive months. In addition, compliant CEX spot trading volume increased by 55.2% to $291.2 billion. Binance has a market share of 69.2%, Coinbase has a market share of 10.7%, BTSE has a market share of 5.8%, Kraken has a market share of 5.6%, and LMAX Digital has a market share of 2.9%.

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