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Crypto Recap for August 2025: Exchange Tokens Lead Other Sectors
- The Exchange sector emerged as the top performer in August with a 16.8% gain.
- The smart contract platforms space also recorded notable gains of 16.2% in August.
- The memecoin space continued to underperform other sectors in August but a change could be ahead.
The crypto market recorded a heightened capital rotation from Bitcoin (BTC) to the altcoin space in August. Ethereum (ETH) price reached a new all-time high (ATH), thus leading the wider altcoin market in bullish sentiment.
The best-performing crypto assets in August built their momentum from a bullish outlook in July. According to an analysis from Franklin Templeton Digital Assets, Exchange-based crypto assets and smart contract platform tokens led in the highest gains in August with 16.8% and 16.2% respectively.
Source: X3 Reasons Contributing to Exchange Sector’s Growth
Renewed Demand from Institutional Investors
According to Franklin Templeton, the exchange-based crypto tokens, led by Binance Coin (BNB) and Cronos (CRO), were the best performing in the sector due to renewed interest from institutional investors.
For instance, BNB recorded an elevated futures market, which surged to…
The post Crypto Recap for August 2025: Exchange Tokens Lead Other Sectors appeared first on Coin Edition.
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09.10.25 08:08
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09.10.25 08:12
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09.10.25 08:23
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09.10.25 08:34
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