The cryptocurrency market has witnessed a significant decline in trading volumes for major altcoins in December 2025, with XRP, BNB, SOL, and ADA recording their lowest trading volumes of the year. This decline in trading activity can be attributed to the increasing outflows of stablecoins from exchanges and the cautious approach of traders amidst uncertain market conditions.
Decline in Trading Volumes
According to data from on-chain analysts, the real-time spot trading volumes for major altcoins have fallen to their weakest levels in 2025. XRP, for instance, recorded a trading volume of around $32 billion on major exchanges, with $12.3 billion of this activity coming from Binance. Similarly, BNB reported a volume of around $13.7 billion, with $12.6 billion coming from Binance alone. Solana and Cardano also witnessed a decline in trading volumes, with Solana recording the lowest real-time trading activity on major exchanges since 2024.
Liquidity Shifts and Market Sentiment
The decline in trading volumes can be attributed to the increasing outflows of stablecoins from exchanges. According to CryptoOnChain, over $2.68 billion in USDC left Binance on the Ethereum network between November 24th and December 22nd. This outflow of stablecoins suggests that larger players are moving funds into cold wallets or DeFi platforms, or taking a more cautious approach. The on-chain signals for Bitcoin are also contradictory, with the MVRV Z-Score indicating possible stabilization, while the binary CDD data shows recurring distribution patterns of long-term holders that preceded multi-month corrections in previous cycles.
Impact on Altcoins
The decline in trading volumes and the cautious approach of traders have put pressure on altcoins. The data suggests that altcoins are still under pressure out of caution rather than panic. Trading volumes for XRP, BNB, SOL, and ADA may remain low until Bitcoin charts a clearer path. The market is waiting for clearer signals from Bitcoin before increasing exposure to altcoins. According to CryptoQuant analyst GugaOnChain, BTC is close to historical undervaluation zones, indicating possible stabilization.
Conclusion
In conclusion, the decline in trading volumes for major altcoins in December 2025 can be attributed to the increasing outflows of stablecoins from exchanges and the cautious approach of traders amidst uncertain market conditions. The market is waiting for clearer signals from Bitcoin before increasing exposure to altcoins. For more information on the cryptocurrency market and trading volumes, please visit https://crypto.news/xrp-bnb-sol-ada-december-trading-volume-2025/.
