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Dogecoin is the only top-20 crypto with rising trading volume amid broad market declines.

Market News
26 Jul 2026, 12:25 WIB
UToday
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Bullish
Dogecoin is the only top-20 crypto with rising trading volume amid broad market declines.

Dogecoin (DOGE) stands out as the only cryptocurrency among the top 20 by market cap to see a significant increase in 24-hour trading volume, rising by 92.7% to about $1.55 billion. While major cryptocurrencies like Bitcoin, Ethereum, Solana, XRP, and BNB experienced volume declines ranging from 35% to over 55%, Dogecoin's volume growth signals renewed trader interest and potential new capital entering the market. This volume surge accompanied a nearly 6% price increase, pushing DOGE back to its 50-day moving average despite a generally bearish market structure. Derivative data also shows bullish sentiment with more long positions than shorts and positive futures inflows, suggesting optimism among leveraged traders. However, Dogecoin still faces technical challenges ahead, but the volume spike is a positive early sign.

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