The post Binance Futures Sees Record Volume as Traders Flock to ETH, SOL, XRP appeared first on Coinpedia Fintech News
Binance Futures trading volume skyrocketed to $2.55 trillion in July 2025, its highest since January, according to CryptoQuant. The surge came as volatility returned to the market, triggering aggressive moves from both institutional and retail traders. Sharp price swings in Bitcoin and altcoins helped spark a rush into derivatives, pushing Binance far ahead of its competitors.
Altcoins Take the Wheel
One of the biggest drivers was the shift toward altcoins. Ethereum and altcoin futures volumes hit $223.6 billion in July, the highest in five months. Altcoins now make up a massive 83% of Binance Futures activity, while Bitcoin’s share has dropped to just 17%. This rotation reflects traders seeking higher‑beta plays in the likes of Solana, BNB, and XRP, all of which delivered double‑digit gains last month.
Institutional Ethereum Buying Adds Fuel
The rally was further supported by institutional accumulation of Ethereum. SharpLink Gaming boosted its ETH holdings to 438,190 ETH (~$1.6B) in mid‑July, while BitMine Immersion Technologies holds over 833,000 ETH. Together, institutions now control more than 2.3 million ETH, nearly 2% of the total supply. This large-scale buying has strengthened ETH’s momentum, driving more speculative activity in ETH-linked futures.
Binance’s Market Dominance Remains Unmatched
While rivals also enjoyed a busy July, OKX hit $1.09 trillion in futures volume, and Bybit reached $929 billion, Binance still controls more than half of the global derivatives market. On the spot side, global volumes hit $1.77 trillion, with Binance handling $706 billion, cementing its position as the undisputed leader in both spot and derivatives.
Is This the Start of Altseason?
Multiple indicators suggest we could be entering an altseason. Bitcoin dominance has dropped below 61%, altcoins dominate futures trading, and retail participation is climbing, with transactions under $10K up nearly 10% month‑over‑month. Importantly, only 23 out of 424 Binance futures pairs have posted losses since Bitcoin’s latest all‑time high, showing strength across the board.
Outlook for the Rest of 2025
The July spike in Binance Futures activity was driven by a perfect storm of volatility, institutional ETH buying, and a clear rotation into altcoins. If these trends hold, both retail and institutional traders could keep fueling the rally into the second half of the year, with altcoins likely to remain at the heart of the action while Bitcoin takes a back seat.
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FAQs
Binance dominates with $2.55T July volume, more than double OKX ($1.09T) and Bybit ($929B), controlling over 50% of global derivatives market.
Binance Futures is a platform for trading cryptocurrency derivatives. Its July 2025 volume surged to $2.55 trillion due to increased market volatility and a rotation into altcoin futures.
A major factor is a rotation by traders seeking higher gains from altcoins like Solana, BNB, and XRP, all of which had significant price increases last month.
