A study called Crypto Asset Market Coverage Initiation: Trading & Custody reveals that cryptocurrency trading volume is about to grow further.
The research shows that digital currency trading volume will overtake the US Corporate Debt trading in 2018. It’s also on track to comprise about 10 percent of US Equity trading volume. The paper also indicates that the overall trading volume is going to grow by 50 percent in 2019, providing an overall Compound Annual Growth Rate (CAGR) of 9 percent through 2028.
It’s also worth noting that 75 percent of the cryptocurrency market trading volume takes place on the top 20 exchange accounts.
