PANews reported on March 12 that according to CoinDesk, Robinhood (HOOD)'s crypto trading volume fell 29% month-on-month to $14.4 billion in February, a drop far exceeding the 1% drop in stock and options trading during the same period. Despite this, the data is still 122% higher than the same period in 2023. The decline is in sync with the overall correction in the crypto market, with Bitcoin (BTC) falling by about 15% in February, the CoinDesk 20 Index (CD20) falling by about 23%, and overall spot trading volume falling by 19% to $2.3 trillion. In addition, Memecoin trading has declined, and Pump.fun's daily token issuance has dropped from 62,000 to 24,000.