Binance Altcoin Volume Hits Record 82.3% Amid Speculative Boom

What caused Binance's altcoin trading volume to hit record highs?

How does the speculative boom impact the crypto market?

Is it the right time to invest in altcoins during this new season?


Binance Altcoin Volume Hits Record 82.3% Amid Speculative Boom
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  • Binance’s altcoin trading volume reaches an all-time high of 82.3%.
  • Speculative tokens like ASTR and MYX drive explosive market gains.

On September 30, 2025 (UTC), Cryptopolitan reported that Binance’s altcoin trading volume reached a historic 82.3% of its total trading activity. This figure surpasses the previous peak of 76% recorded during the 2021 altcoin season. The surge highlights a growing shift toward speculative tokens and meme coins as traders move away from Bitcoin’s dominance in search of higher returns.

A considerable portion of this trading activity was fueled by specific altcoins and meme tokens. Astar (ASTR) emerged among the leaders, recording a 250% increase in value within just one week of its launch. Additionally, MYX became a speculative favorite, achieving an extraordinary 13,226.97% growth over a 90-day period. Other high-performing tokens like MemeCore reinforced the speculative environment by posting a 3,158.69% gain during the same timeframe.

Data from CryptoQuant further illustrated the scale of this shift, with rising altcoin trading aligning with CoinMarketCap’s Altcoin Season Index. This index shows an intensified preference among traders for high-risk, high-reward assets, such as XPL, ASTR, and meme tokens like PUMP. The current altcoin rally underscores the speculative nature of the market and signals a diminishing focus on established cryptocurrencies like Bitcoin.

The exceptional trading activity coincides with notable macroeconomic developments. On September 29, 2025, Cointelegraph reported that institutional inflows into Ether ETFs reached nearly $4 billion for August, with an additional $547 million added in a single day the following month, according to FXStreet. Similar investment patterns were noted for Solana and XRP ETFs, illustrating institutional interest beyond Ethereum.

Regulatory advancements have also played a pivotal role in supporting this momentum. Reports from FinanceFeeds and Bitcoin.com News indicate that the U.S. Securities and Exchange Commission (SEC) approved new generic listing standards in September. These changes simplify the approval process for crypto ETFs, facilitating a wider range of altcoins to attain ETF status. Such regulatory progress is bolstering institutional confidence and contributing to the influx of capital into altcoin markets.

As of September 30, 2025, 15:12 UTC, Astar (ASTR) is trading at $1.60, with a -16.36% change in 24-hour trading volume, according to CoinMarketCap data. Solana (SOL) is trading at $207.56, reflecting a -2.45% change, while Pump.fun (PUMP) is priced at $0.006, showing a -4.68% change. Plasma (XPL) is trading at $0.98, with a -25.08% 24-hour volume change. All figures represent the most recent updates available at publication time.

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Article Info
Category
Market
Published
2025-09-30 15:15
NFT ID
PENDING
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