The crypto market has been on a rollercoaster ride over the past week, with significant price fluctuations and trading volume increases across various digital assets. Despite the volatility, the market has shown remarkable resilience, driven by a combination of regulatory developments, market trends, and investor sentiment.

One of the key drivers of the market's growth has been the approval of spot Ethereum ETFs by the US Securities and Exchange Commission (SEC). This development has paved the way for the listing of ETH spot ETFs on the stock market, which is expected to increase liquidity and attract more institutional investors to the crypto market. The approval has also led to a surge in trading volume on Uniswap, with the platform's decentralised platform accounting for 48.9% of total DEX volume.

Another notable trend has been the strong performance of meme coins, with ConstitutionDAO and Pepe experiencing significant trading volume growth on Convert. These coins have been gaining popularity due to their unique use cases and the growing demand for alternative investment opportunities.

The market has also seen significant price movements in other digital assets, with Audius crypto's native token, $AUDIO, soaring 27.4% last week with a 21x volume increase on Convert. BounceBit, a leading project in the CeDeFi infrastructure space, has also seen a tremendous gain of 92.4% last week, with the trading volume jumping 381.0% on Convert.

The market's resilience has been further bolstered by the robust demand for Ethereum before the potential approval by the SEC on ETH ETFs. The demand has been driven by the growing recognition of Ethereum as a commodity rather than a security, which has led to increased investor confidence in the asset.

The options market has also seen significant activity, with the 25-delta skew of BTC and ETH options indicating a strong bullish sentiment. The market is expected to continue its upward trend, with the potential for further price increases driven by the growing demand for digital assets and the increasing recognition of their potential as a store of value.

In conclusion, the crypto market has shown remarkable resilience over the past week, driven by a combination of regulatory developments, market trends, and investor sentiment. The approval of spot Ethereum ETFs, the strong performance of meme coins, and the growing demand for digital assets have all contributed to the market's growth and volatility. As the market continues to evolve, it is expected to remain a key player in the global financial landscape.