NEXO monthly transactions rose from 1,000–2,000 in 2023 to 5,000–9,000 since late 2025, CryptoQuant data shows.
NEXO transaction activity has moved above 2023 levels, showing stronger use across the Nexo ecosystem.
Monthly transfers rose from about 1,000 to 2,000 in 2023 to between 5,000 and 9,000 since late 2025.
The increase places NEXO among CeFi tokens drawing closer attention as users seek trading, borrowing, cashback, and staking benefits through centralized crypto platforms.
The data also points to wider user engagement and token movement.
NEXO Monthly Transactions Rise From 2023 Levels
Nexo has seen a clear rise in token exchange activity over recent years. The data shows that monthly NEXO transactions have moved far above 2023 levels.
In 2023, NEXO recorded about 1,000 to 2,000 transactions each month. Since late 2025, monthly activity has ranged between 5,000 and 9,000 transactions.
That marks a rise of about three to four times compared with 2023. The change shows wider movement of NEXO across the platform.
A market note stated, “Since late 2025, this figure has risen to between 5,000 and 9,000 monthly transactions.” The note also linked the trend to wider ecosystem activity.
The rise may reflect more trading activity around NEXO. It may also show greater platform use by holders seeking service benefits.
Larger NEXO Transfers Add To Activity Data
According to CryptoQuant, most NEXO transactions involved 100 to 10,000 tokens. This range includes retail users and larger market participants.
The activity was not limited to small transactions. Larger NEXO transfers also formed a major part of the monthly token movement.
In March 2026, there were 2,300 transactions involving more than 1,000 NEXO. The same month also recorded 1,700 transactions above 10,000 NEXO.
These figures show that larger holders remained active during the month. They also show that NEXO was used across several transaction bands.
The increase in larger transfers may be linked to trading, staking, or platform use. It may also reflect portfolio changes by token holders.
Transaction activity remains one way to assess market interest in a token. It can also show how users interact with the related platform.
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CeFi Growth Supports Demand For Platform Tokens
NEXO is linked to the CeFi sector, which uses centralized firms to offer crypto services. These services often include lending, trading, payments, and yield products.
The CeFi market has expanded since its early stage. Its estimated market value has grown nearly tenfold to about $60 billion.
This growth can support tokens connected to active platforms. Such tokens often carry utility beyond trading on exchanges.
NEXO holders can access lower fees, better borrowing rates, and cashback rewards. These benefits may encourage users to hold the token.
Users can also stake NEXO and receive yields. Reported staking yields range from 3% to 11%, depending on platform terms.
Staking allows users to earn rewards while keeping exposure to the token. However, token prices can still move in either direction.
The recent rise in NEXO transaction activity shows stronger token movement than in 2023.
It also shows that platform-linked tokens remain tied to user activity, incentives, and broader CeFi demand.
Source: https://www.livebitcoinnews.com/nexo-transaction-activity-jumps-4x-signaling-strong-ecosystem-growth/
