Cryptocurrency exchanges saw a surge in trading activity in August, with spot trading volumes reaching $1.86 trillion, marking the highest level since January. This represents a 5% increase from July's $1.77 trillion. Binance led the market with $737.1 billion in trading volume, up nearly $31 billion from the previous month. Bybit and Bitget followed with $12.65 billion and $12.61 billion, respectively. Decentralized exchanges also experienced significant growth, with trading volumes climbing to $368.8 billion, the highest since January. Uniswap dominated the DEX market with $143 billion, while PancakeSwap recorded $58.7 billion. Additionally, investor interest in Ethereum has risen, with US spot Ethereum ETFs seeing inflows of $3.87 billion in August, contrasting with Bitcoin ETFs, which experienced outflows of $751 million.