According to @AltcoinDaily, Iran’s crypto ecosystem activity has spiked to 7.8 billion dollars amid mass protests, citing Chainalysis as the data source, source: Altcoin Daily on X citing Chainalysis. For trading impact, Chainalysis’ Geography of Cryptocurrency Reports show that periods of unrest and capital controls in sanctioned or high-inflation markets tend to drive stablecoin and peer-to-peer volumes higher, which can lift USDT liquidity demand and affect regional price spreads, source: Chainalysis Geography of Cryptocurrency Report 2023 and Chainalysis Geography of Cryptocurrency Report 2024. Traders should monitor USDT, BTC, and ETH flows and premiums in regional hubs such as Turkey and the UAE that Chainalysis identifies as major MENA corridors to gauge liquidity conditions and cross-border routing, source: Chainalysis Geography of Cryptocurrency Report 2024.