INDODAX Transaction Volume Surges 16% to Rp8.7 Trillion Amid Crypto Market Recovery

The number of digital financial asset consumers in Indonesia has reached 22.93 million accounts in July 2026, according to recent data.

In the same period, the value of national crypto asset transactions was recorded at Rp. 20.52 trillion, down 28.2 percent compared to June which reached Rp. 28.58 trillion.

However, INDODAX's transaction volume in August increased by around 16 percent to Rp8.7 trillion compared to the previous month, indicating a strengthening market activity.

Aloysia Dian, Chief Marketing Officer of INDODAX, attributed the increase in transaction volume to the improvement in global market sentiment and the strengthening of cross-asset prices.

BTC strengthened by around 24.36 percent in one month, followed by ETH 32.01 percent, XRP 28.22 percent, SOL 41.33 percent, and HYPE 61.53 percent.