HTX has demonstrated significant growth in the cryptocurrency market, as detailed in its July performance report, which reveals the exchange's ascent to the second position globally in 24-hour trading volume. This marks the third time this year HTX has achieved such a high ranking, with a reported trading volume of $2.8 billion on July 24, according to data from CoinGecko. The 11.3% increase in trading volume compared to the previous month underscores HTX's resilience and expanding user base amidst market volatility.
The exchange's strategic expansion was evident with the listing of 15 new cryptocurrencies, including PIXFI, A8, LRDS, and AVAIL, synchronized with other major platforms like Coinbase. Notably, AVAIL and FIGHT experienced significant price surges post-listing, highlighting the impact of HTX's platform on asset performance. HTX Ventures also played a pivotal role in fostering innovation, with investments in Lombard and Redstone, and participation in EthCC in Brussels, where insights on restaking development and Web3 ecosystem launches were shared.
Celebrating its 11th anniversary, HTX launched user-centric initiatives such as the Battle of Glory for KOLs event and an Appreciation Plan for existing users, reflecting its commitment to user engagement. Security measures were rigorously enforced, with the exchange sending out hundreds of thousands of security alerts and recovering significant amounts of lost funds, showcasing its proactive stance on protecting user assets.
HTX DAO's completion of the Liquidity Pledge for Q2 2024, with $30.5 million pledged and burned, and a cumulative ecosystem liquidity pledge of $42.5 million, demonstrates strong community support. The exchange's dedication to user satisfaction is further evidenced by its customer service performance, addressing over 61,000 inquiries with a high satisfaction rate. HTX's monthly performance reports and its user-first principle underscore its commitment to transparency and innovation in the blockchain space.
