Mutsamudu, Comoros, August 31st, 2026, Chainwire

MEXC, a pioneer in 0-fee digital asset trading, reports a sharp rise in Spot trading activity on the platform as BTC topped $80,000 and ETH and SOL reached near six-month highs. Between August 20 and 22, the average daily Spot trading volume of BTC, ETH, SOL, and XRP rose by approximately 299% compared with the daily average recorded from August 1 to 17. During that same window, the combined average daily trading volume of ETH, SOL, and XRP exceeded that of BTC. In contrast to the BTC-dominated trading structure observed from August 1 to 17, activity on the platform spread noticeably across a broader range of major assets. Broad-based volume expansion across several majors at once is often read by market observers as a sign of widening participation, since rallies driven by a single asset tend to concentrate turnover in that asset rather than distributing it across the board. It is worth noting that these figures reflect activity on a single exchange and may not be representative of the global market.

The shift in trading composition had already begun on August 19, when the combined trading share of ETH, SOL, and XRP climbed from 30.5% a day earlier to 46.7% — a gain of 16.2 percentage points and the largest single-day increase in August. Their combined daily share then stayed above the 34.9% baseline recorded from August 1 to 17, indicating that trading interest in these three major assets had started building before BTC broke above $80,000.

On August 25, the day BTC topped $80,000, BTC Spot trading volume rose by approximately 164% from the August 1–17 daily average. ETH volume increased by 220%, while SOL and XRP each gained roughly 500%. BTC remained an important market signal during this rally, but the surge in platform activity was not confined to BTC alone; multiple major assets became active at the same time.

The trend carried into August 27, when ETH and SOL climbed to near six-month highs. On MEXC, ETH Spot trading volume rose 36.3% from the previous day, while SOL volume jumped 109.7%. Together, the two assets accounted for 46.4% of combined trading volume across the four assets — a new August high — making them the primary drivers of that day's increase in trading activity.

As market sentiment strengthens, trading demand can rotate quickly across major assets, making trading costs and execution efficiency increasingly important for users responding to market movements. MEXC currently offers 0-fee trading on selected SOL Spot trading pairs and on all XRP Spot trading pairs (BTC, SOL, XRP/USDT). Combined with deep liquidity, the exchange says this enables users to navigate market rotations at lower cost and with greater efficiency while capturing more opportunities. Fee structures vary across exchanges, and fee-free promotions are typically limited to specific pairs, so the share figures reported here reflect trading on MEXC's particular fee model.

About MEXC

MEXC describes itself as the world's fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. Positioning itself as the "Gateway to Infinite Opportunities," MEXC provides a single platform where users can trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.

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Source: Chainwire