Recent data indicates a surge in retail investor activity and cryptocurrency trading volumes. Retail investors accounted for 57% of total stock market trading volume, an all-time high, with off-exchange trading volume rising nearly 20 percentage points since 2020. In the cryptocurrency sector, Coinbase International reported a record trading volume of $119 billion for the week, representing a 124% increase from the previous week. This volume translates to an average of nearly $20 billion per day. The BTC-PERP market contributed significantly, making up 57% of Coinbase's volume. Additionally, leveraged ETFs on US single stocks reached an unprecedented $84 billion last week, doubling in just a few weeks. Investor sentiment appears optimistic, with 56% of US consumers expecting higher stock prices over the next year, the highest level since 1987. Institutional investors are also heavily invested, with their allocation to US stocks hitting a record 36%, while cash allocations are at their lowest since 2001.