A16z crypto: Predicts market trading volume to hit new highs for three consecutive weeks, reaching $14.4 billion last week

According to a16z crypto data, the predicted market trading volume has reached a historic high for three consecutive weeks. Last week, the market trading volume reached 14.4 billion US dollars, and at the beginning of the year, the trading volume was 5.5 billion to 6 billion US dollars. A week ago, the trading volume was 10 billion US dollars. Open interest contracts rose to $1.6 billion, hitting a historic high for three consecutive weeks. The non sports market has seen significant growth, with a total transaction volume of $3.6 billion between Kalshi and Polymarket last week, exceeding the predicted total market size for all categories in 2023.