Matrixport reports that retail participation in the crypto market remains weak, with no strong catalysts to spark renewed momentum. Trading volume across major platforms has significantly declined, highlighting waning investor interest.

Key Takeaways:

Retail activity is subdued: South Korea's spot daily trading volume has dropped to $775 million, while Binance’s average daily volume has fallen to just $5 billion — the lowest since September 2024.

TRUMP token unlock looms: A $782 million token unlock next week could trigger fresh selling pressure as holders look to exit positions.

Lack of new drivers: Since the hype surrounding the TRUMP coin in January, market momentum has steadily faded, and most retail traders appear to be in “summer break mode.”

Matrixport warns that without renewed buying interest or a fresh catalyst, short-term volatility could spike, especially around token unlock events.