Thailand's SEC: crypto trading volume rose 24.26% in September
- —Market value of Thai crypto exchanges rose 12.45% to 83.4 billion baht
- —Average daily trading volume climbed 24.26% to 2.07 billion baht
- —USDT took 61% of turnover, BTC 14%, ETH 5%, XRP 4%, NEAR 3%
- —Active accounts rose just 0.7% to 1.31 million
Why it matters: Rising turnover with a nearly flat active-user base suggests existing traders are scaling up rather than new investors entering the market.
Source: Siam Blockchain