Wu says that a16z crypto reported that, as of the week ending June 15, the forecasted market weekly trading volume reached approximately $10.8 billion, setting a record high. It pointed out that events such as the SpaceX IPO, the U.S.-Iran peace agreement, the NBA Finals, the Stanley Cup, and the start of the World Cup occurred in the same period, driving up trading activity. By contrast, a year earlier, the market’s weekly trading volume was usually around $500 million, and even during active periods it was below $1 billion. Since then, the scale has gradually increased: it broke above $1 billion last autumn, surpassed $4 billion in winter, and entered the range of approximately $6 billion to $7 billion this spring.