NEW YORK — Tether’s stablecoin and Bitcoin continue to command the largest share of daily trading activity across global cryptocurrency markets, according to the latest volume rankings from data provider CoinMarketCap, underscoring how dollar-pegged stablecoins have become the backbone of crypto trading even as speculative interest in the asset class remains concentrated in a small handful of major tokens.

Tether’s USDT token led all cryptocurrencies in trading volume over the trailing 30-day period, with roughly $3.76 trillion changing hands, according to CoinMarketCap data. That figure dwarfed every other asset tracked on the platform, reflecting USDT’s role as the primary medium traders use to move in and out of positions without converting back to traditional currency. Bitcoin ranked second, with approximately $1.66 trillion in trading volume over the same period, followed by rival stablecoin USDC at roughly $541.6 billion.

Ethereum, the second-largest cryptocurrency by market value, came in fourth with about $221.8 billion in 30-day trading volume, while Solana followed in fifth place with roughly $179.0 billion. XRP rounded out the top six, with approximately $158.9 billion traded over the period.

Rounding out the top ten were Zcash, a privacy-focused cryptocurrency that has seen renewed trading interest, with roughly $49.8 billion in volume; Dogecoin, the long-running meme cryptocurrency, at about $42.7 billion; KiiChain, a newer blockchain network that logged a notable $39.4 billion in trading activity; and BNB, the token associated with the Binance exchange ecosystem, at approximately $35.1 billion.

The dominance of stablecoins atop the rankings reflects a broader structural feature of cryptocurrency markets rather than a sign of speculative appetite for those specific assets. Because USDT and USDC are pegged to the U.S. dollar, traders use them as a parking spot for capital between trades, meaning their trading volume tends to reflect overall market turnover rather than directional bets on price appreciation. That dynamic has become more pronounced following the passage of stablecoin legislation in the United States in 2025, often referred to as the GENIUS Act, which established new standards for reserve transparency and regulatory oversight that have expanded institutional use of dollar-pegged tokens for settlement, cross-border payments and on-chain yield strategies.

Bitcoin’s position as the most actively traded non-stablecoin asset continues a pattern that has held for much of the cryptocurrency market’s history, with the original cryptocurrency maintaining its role as the primary entry point for both retail and institutional capital flowing into the sector. Ethereum’s position in fourth place reflects its continued dominance as the leading platform for decentralized finance applications, smart contracts and tokenized assets, even as newer, faster blockchain networks have chipped away at some of its market share in recent years.

Solana’s strong showing in fifth place highlights the network’s continued growth as a hub for high-speed trading activity, including a large volume of trading tied to meme coins and other speculative tokens launched on decentralized exchanges built on the Solana blockchain. XRP’s position in the top six comes as the token has benefited from greater regulatory clarity following the resolution of its long-running legal dispute with the U.S. Securities and Exchange Commission, along with growing institutional interest tied to cross-border payment use cases championed by Ripple, the company closely associated with the token.

The appearance of KiiChain in the rankings stands out as something of an outlier, given the network’s relatively limited public profile compared with the other assets in the top ten. Volume spikes of that magnitude for smaller or newer blockchain networks can sometimes reflect a surge of trading activity following an exchange listing, promotional trading incentives, or concentrated activity among a small number of large holders, rather than the kind of broad-based, sustained trading interest seen in more established assets like Bitcoin or Ethereum. Traders and analysts typically scrutinize such spikes closely, since volume figures for less liquid tokens can be more susceptible to distortion than those of larger, more widely held cryptocurrencies.

BNB’s continued presence near the top of the rankings reflects Binance’s position as the world’s largest cryptocurrency exchange by trading volume, a status the platform has maintained through multiple market cycles despite years of regulatory scrutiny in various jurisdictions. Dogecoin’s appearance in the top ten, meanwhile, illustrates the enduring trading interest in meme-based cryptocurrencies, which have continued to attract retail speculative activity even as the broader market has matured and drawn in more institutional participants.

Zcash’s climb into the top ten marks a notable shift, as the privacy-focused cryptocurrency has drawn renewed attention from traders in recent months, a reversal from the years of declining volume that had pushed many privacy coins toward the margins of the market amid tightening exchange listing standards and regulatory pressure on assets designed to obscure transaction details.

Taken together, the rankings illustrate a cryptocurrency market that remains heavily concentrated at the top, with a small number of assets, led by dollar-pegged stablecoins and Bitcoin, accounting for the overwhelming majority of trading activity, even as thousands of smaller tokens continue to launch and compete for attention further down the list. Market watchers note that such rankings can shift quickly given the volatility inherent in crypto trading volumes, with newer tokens capable of briefly cracking the top ten during periods of concentrated speculative interest before volume normalizes.

For now, the broad contours of the market, dollar-pegged stablecoins facilitating the bulk of trading turnover, Bitcoin and Ethereum anchoring investor interest in the underlying assets, and a rotating cast of altcoins and meme tokens filling out the remainder of the list, have remained largely consistent through 2026, even as individual token rankings continue to fluctuate from month to month.

SYDNEY — Shares in Charter Hall Group climbed 3.81% to $18.81 in Monday trading, adding 69 cents, as the Australian property and funds management giant rebounded alongside a broader market recovery following one of the worst weeks for local equities in six months.

The gain places Charter Hall among the better-performing stocks on the S&P/ASX 200 for the session, though the move comes after a sustained stretch of underperformance for the company’s shares. Charter Hall has traded well below its 52-week high in recent months, and heading into Monday’s session the stock sat roughly 11% below its 200-day moving average, having underperformed the broader ASX All Ordinaries Index by more than 10% over the prior six months.

The rebound comes as real estate investment trusts, which tend to be especially sensitive to interest rate movements, have faced renewed pressure in recent weeks amid concerns the Reserve Bank of Australia may raise rates further before year-end. Higher borrowing costs and elevated bond yields typically weigh on REIT valuations by increasing financing costs and pressuring the capitalization rates used to value property assets. Australia’s 10-year bond yield has climbed above 5.3% in recent sessions, its highest level since 2011, adding to the headwinds facing rate-sensitive sectors of the market, including property trusts like Charter Hall.

That sell-off in the sector had drawn attention from analysts even before Monday’s bounce. Citi has maintained a positive view on the stock, upgrading Charter Hall Group to Buy from Neutral with a price target of $18.50, citing the recent sell-off in Australian REITs driven by rising rate expectations as having created an attractive entry point. That target sits just below Monday’s closing level, underscoring how sharply the stock had fallen in recent weeks relative to where analysts see fair value. More broadly, the consensus among analysts covering the stock remains a “Strong Buy,” with price targets averaging in the mid-$20s, implying significant potential upside from current levels if the company’s underlying earnings trajectory holds.

Charter Hall is Australia’s leading fully integrated diversified property investment and funds management group, overseeing more than 40 retail and institutional unlisted property funds alongside three listed real estate investment trusts: Charter Hall Long WALE REIT, Charter Hall Retail REIT and Charter Hall Social Infrastructure REIT. The group’s commercial property portfolio is valued at more than $70 billion, spanning office, industrial and logistics, retail and social infrastructure assets, and it maintains a development pipeline of roughly $15 billion. Charter Hall also holds a 50% ownership stake in funds manager Paradice Investment Management.

The company’s underlying operating performance has remained strong even as its share price has struggled. Charter Hall reported fiscal 2026 full-year results in August, posting a 26.8% rise in operating earnings per security alongside a 6% lift in its annual distribution. That followed a first-half result in February that showed operating earnings climbing 21.6% to $239 million, with the company citing record equity inflows and issuing upgraded full-year guidance for 23% earnings-per-share growth at the time. Funds under management reached $92.2 billion as of the interim result, with the company describing strong investor demand across all of its property segments alongside continued low gearing and disciplined cost control.

Despite that operating momentum, Charter Hall’s share price has diverged sharply from its earnings trajectory over the course of the year, a pattern common across the broader Australian REIT sector as rate expectations have shifted. The sector-wide weakness has left several property trusts trading well below analyst price targets even as individual companies continue to report growing funds under management and rising distributions.

Charter Hall’s earnings model relies heavily on the performance of its investment vehicles, with management and performance fees from its unlisted and listed funds forming the bulk of group revenue, supplemented by co-investment income from rent and fund distributions where Charter Hall holds direct stakes alongside its investor clients. The company’s portfolio is roughly evenly split between office and logistics exposure, with the remainder spread across retail, social infrastructure and listed equity holdings, giving it a broader diversification profile than many single-sector REIT peers.

That diversification has been cited by some analysts as a relative strength during the current period of rate uncertainty, since exposure across multiple property types can help offset weakness in any single segment, such as the ongoing softness in parts of the office market. At the same time, the group’s exposure to funds management fees tied to asset valuations means a prolonged period of elevated interest rates could continue to pressure both the underlying value of its managed portfolios and the fee income generated from them.

Monday’s gain adds to a session in which several previously beaten-down Australian stocks caught a bid as investors rotated back into names that had fallen hardest during the prior week’s broader market decline. Whether the move in Charter Hall shares marks the start of a more durable recovery or simply a short-term bounce within a longer downtrend is likely to depend heavily on the path of Australian interest rates in the months ahead, along with any further commentary from the Reserve Bank on its policy intentions following recent hawkish signals from senior officials.

For now, Charter Hall’s combination of strong reported earnings growth, a substantial gap between its share price and analyst price targets, and a diversified property platform has kept the stock on the radar of value-focused investors, even as the broader REIT sector continues to navigate one of its more challenging stretches in recent years.

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The hub is a partnership between Barking and Dagenham Council, The Kindness Offensive, Food for All, Felix, City Harvest and Kingsley Hall.

Felix, a food redistribution charity, collects surplus food from shops and other providers so that it is not thrown away or incinerated.

It is given to local organisations, food banks, soup kitchens and schools, said David Goodfellow, one of the managers at Big Heart and a founder of The Kindness Offensive.

“They are the ones who are on the front line and they don’t have the resources to be able to feed all the people that are coming to their doors,” he said.

“We are a stepping stone, a middle ground between some of the big suppliers and some of the community-facing groups, to give them the supplies that they need.

“There’s a lot of people who are hungry.”