Altcoin trading volume slides from above $100B to $26.5B as activity contracts

Altcoin trading volume has fallen to about $26.5 billion from peaks above $100 billion, signaling a sharp pullback in market activity. Binance accounted for roughly $7.7 billion while other exchanges handled about $18.8 billion, leaving Binance near a 40% share as overall participation shrinks. With more assets trading near all-time lows and derivatives activity outpacing spot demand, markets look fragile while waiting to see if liquidity and demand return.