PANews reported on March 21 that CryptoQuant analyst Darkfost posted on social media that altcoin trading volume in the current crypto market is showing a continuous downward trend, and investor interest in altcoins has also weakened significantly. Under the dual impact of the overall bear market environment and global geopolitical uncertainty, altcoins have consistently underperformed Bitcoin, resulting in a significant contraction in overall market risk appetite and a further concentration of funds in core mainstream assets such as Bitcoin. This has led to persistently low trading activity in altcoins.

Looking at specific trading data, the current daily trading volume of altcoins on the Binance platform is approximately $7.7 billion, while the combined daily trading volume of altcoins on other major cryptocurrency exchanges is approximately $18.8 billion. This figure represents a significant decrease compared to the peak trading volumes in October and February 2025.

Darkfost further points out that, based on historical patterns in the crypto market, peak trading volumes often correspond to market cyclical tops and are also periods when investors' FOMO (fear of missing out) sentiment is concentrated. The current environment of sluggish trading in altcoins precisely means that potential investment opportunities usually appear during the period when market attention is lowest and sentiment is most indifferent.