According to CoinMeta, based on the special September report “volume comeback” published by CryptoQuant, Gate saw strong performance in spot trading in August. On August 21st, the daily spot trading volume reached approximately 5.1 billion US dollars, ranking third among the world's major exchanges. As of August 25th, the 30-day spot trading volume increased by a staggering 667%, placing it first among all major trading platforms and significantly leading other top exchanges. Looking at the industry as a whole, the daily spot trading volume for the entire network rose to about 75 billion US dollars on August 21st, marking the second highest level since February this year. CryptoQuant pointed out that this rebound in trading volume coincided with rising prices, reflecting an overall recovery in market participation and buying demand.