CoinGecko Reports Crypto Market Cap Peaks to Record Highs in Q3 Since 2021
Global Crypto Valuation Soars 16.4% to $4 Trillion, Marking a Historic High Since Last Year
Key Points
- The crypto market recorded a significant growth in Q3 2025, reaching a total market capitalization of $4 trillion.
- Increased liquidity, institutional inflows, and a rebound in trading activity were key factors driving the market’s recovery.
In 2025’s third quarter, the cryptocurrency market continued its upward trajectory for the third consecutive period. The total market capitalization witnessed a 16.4% surge, adding $563.6 billion to reach a record high of $4 trillion. This is the highest valuation since the late 2021 bull run.
CoinGecko’s Q3 2025 Crypto Industry Report characterized the quarter as the market’s “second leg of recovery”. This recovery was propelled by a surge in liquidity, renewed institutional inflows, and a significant rebound in trading activity.
Trading Volume and Market Performance
The average daily trading volume experienced a 43.8% increase, jumping to $155 billion. This reversed the declines seen in Q1 and Q2, as revealed by the CoinGecko report. Major cryptocurrencies like Ethereum and Binance Coin (BNB) hit new all-time highs, indicating the market’s continued momentum.
Stablecoins saw an 18.3% increase in market capitalization, reaching a record $287.6 billion. Ethena’s USDe was the biggest percentage gainer, expanding 177.8% in market cap to $9.4 billion. At the same time, Tether’s USDT added $17 billion but lost market share to emerging rivals.
DeFi and Major Cryptocurrencies
Decentralized Finance (DeFi) also made a strong comeback, with the total value locked (TVL) soaring 40.2% to $161 billion by the end of September. CoinGecko added that the DeFi market cap climbed to $133 billion along with Ethereum’s price surge, peaking at $181 billion in late September.
Ethereum was one of the standout performers, rising 68.5% to close Q3 at $4,215 after touching an all-time high of $4,946 in August. The trading volume nearly doubled, from a $19.5 billion daily average in Q2 to $33.4 billion in Q3.
BNB also hit a new all-time high of $1,048 during the quarter, ending at $1,030, a 57.3% increase. The altcoin went on to break $1,300 in October, supported by the launch of perpetual DEX Aster and PancakeSwap’s integration into Binance’s Alpha program.
Exchange Volumes Increase
Centralized exchanges (CEXs) saw quarterly spot volumes rise 31.6% to $5.1 trillion, led by leading platforms Binance, Bybit, and Upbit. Binance increased its quarterly trading volume by 40.2%, maintaining a 40% market share.
Meanwhile, perpetual decentralized exchanges (Perp DEXes) reached new heights, with trading volumes up 87% to $1.8 trillion. Aster reported daily volumes as high as $84.8 billion in September amid a boom in the BNB ecosystem with the debut of Four.Meme.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Leveraged Position Liquidations and Market Fluctuations: Urging Proactive Risk Control Strategies
- 2025 crypto market saw $21B in leveraged liquidations as Bitcoin's volatility triggered systemic collapses in October and November. - Over-leveraged long positions, social media hype, and automated deleveraging mechanisms fueled cascading losses across exchanges. - Traders shifted to 1-3x leverage and AI-driven risk tools post-liquidations, with 65% reducing exposure in Q4 2025. - Experts emphasize dynamic position sizing, diversification, and 5-15% stablecoin allocations to mitigate volatility risks in
Urban Industrial Properties in Markets Following Corporate Divestitures: Approaches to Strategic Investment and Insights from the Xerox Webster Campus Example
- Xerox Webster campus in NY secures $14. 3M in public grants to transform 300-acre brownfield into advanced manufacturing hub. - Infrastructure upgrades reduced industrial vacancy to 2% by 2024, attracting $650M fairlife® dairy plant creating 250 jobs. - Public-private partnerships and policy alignment through Brownfield Opportunity Area designation ensure sustained investment and regulatory stability. - The model demonstrates how strategic infrastructure and policy frameworks can catalyze $1B+ developmen
Bitcoin’s Sharp Decline: Should Investors See This as a Chance to Buy or a Signal to Be Cautious?
- Bitcoin's November 2025 price drop below $86,000 reflects Fed policy uncertainty, geopolitical tensions, and leveraged retail trading. - Market fear indices hit "extreme" levels as ETF outflows and weak correlations with equities highlight structural crypto shifts. - While on-chain demand and seasonal buying optimism persist, critical support at $89,183 determines near-term bearish/bullish trajectories. - Long-term outcomes hinge on regulatory clarity, mining economics, and whether central bank liquidity
The PENGU USDT Sell Signal: A Significant Change in Stablecoin Approach?
- The 2025 PENGU/USDT sell signal triggered a 30% collapse, exposing algorithmic stablecoin fragility and a $128M liquidity shortfall on Balancer. - Technical indicators and $66.6M in team wallet withdrawals validated bearish trends, highlighting systemic risks in non-collateralized models. - Market shifts toward fiat-backed stablecoins like USDC accelerate as regulators push hybrid models combining AI governance with CBDCs. - PENGU's technical outlook remains bearish with RSI at 40.8 and projected 5-day r
Trending news
MoreCrypto prices
More
