With the publication of its quarterly relationship, Kraken Exchange has seen a peak of user volume and activity: is the bull managed on us?

Bull Market Signs As Kraken Exchange Quarterly Report Shows 29% Spike In Volume

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The main exchange of cryptocurrencies Kraken recorded revenue for 472 million dollars for the first quarter of 2025. Surprisingly, it increased by 19% compared to the previous year despite a Q1 volatile that saw BTC descend below $ 65,000.

In a positive sign for the expected Bull market, Kraken’s trading volume on the platform increased by 29% on an annual basis and the financed accounts have grown by 26%. However, the activities on the platform decreased by 2% to $ 34.9 billion. Kraken has attributed the drop to the collapse of the market which saw many tokens fall by 70% and then some.

The growth of the trading volume for an important exchange is a promising sign for the bull

A revealing sign to look for when trying to speculate on the times of the Tori market in cryptocurrency is liquidity and volume. A leading platform such as Kraken Exchange that reports an increase in volume by almost 30% of year by year is extremely bullish.

Especially when taking into account the fact that Crypto had an most horrendous Q1, which saw the BTC tank about 30%, from $ 106,000 to go briefly below $ 78,700 on March 11.

All the previous bull races have started once “retail” enters the market. The retail sale is non -cryptic individuals who normally enter when Bitcoin has just hit a significant point of reference. Because this happens, BTC will probably have to climb over $ 110,000, scoring a new maximum of all time while analysts will begin to call $ 200,000 later.

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Corningecko data show that the 24 -hour trading volume for all the main centralized exchanges is $ 78 billion. Kraken himself represents $ 1 billion of that figure while Binance is head of $ 13.7 billion.

No other great exchange has yet published their quarterly relationships, but it will be interesting to see if artists of the caliber of Binance and Coinbase have experienced similar increases in activities and volume.

With the publication of its quarterly relationship, Kraken Exchange has seen a peak of user volume and activity: is the bull managed on us?

(Coingucko)

The biggest news for Kraken Exchange in the first quarter was the acquisition of Ninjatrader

The title of the quarter, however, was the acquisition of Ninjatrader by Kraken, a trading platform for futures and derivatives focused on retail.

“This transaction marks the greatest agreement ever that combines traditional finance (tradfi) and crypt. More than an expansion of our activity, this strategic acquisition strengthens our position in derivatives both for traditional services and for cryptocurrency”, wrote the exchange in a relationship.

The agreement positions the platform to serve the traders who try to access both classes of activities in one place. It will allow cryptocurrency traders to access traditional future contracts, while users of 800,000 reported ninjatraders will have access to the cryptocurrency market.

The move puts a closer step than Kraken to satisfy its ambition to become a multi-depth platform. The purchase of Ninjatrader came to the same quarter that Kraken launched a function that allows cross -border payments, Kraken Pay. It will be enhanced with the introduction of Crypto Debit Cards, in collaboration with Mastercard.

Kraken also completed a proof of the reserves certificates for the custodian of cryptocurrencies by the exchange on 31 March. The company, which allows users to verify their resources independently on Chain through a test of Merkle Tree, said he wanted to publish these quarterly tests.

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Kraken Exchange publishes his report on the profits of the first quarter, shows an increase in revenue and volume

  • The centralized acitivity and volume are a key sign that a stroke of bull is approaching

  • Generally, the bull races begin when Bitcoin affects a new price milestone, attracting widespread attention

  • BTC must increase over $ 110k for “retail” investors to pour into the markets

  • Kraken had a strong Q1, at the top of its acquisition of ninjatrader, a trading platform of derivatives focused in detail

The signs of the post Bull market while the quarterly report of Kraken Exchange shows a 29% volume volume appeared first out of 99 bitcoins.

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