
Despite ongoing discussions about the cryptocurrency market's lack of excitement, recent data indicates a notable increase in decentralized exchange (DEX) volume. Over the past few months, DEX activity has risen, with last week recording the highest trading volume in years, aside from a brief dip in March and April. Observers have remarked that the current state of the crypto market feels particularly stagnant, with some likening it to previous dull periods, such as August 2020. Long-time participants in the market have expressed their frustration with the current lack of volatility and engagement.