Daily trading volume on Coinbase International has surged this month, and only five days in March have seen daily trading volume fall below the $1 billion mark on the platform.

The average daily trading volume for March has been significantly higher than previous months, with trading volume hitting an all-time high of $6.23 billion last Wednesday.

Coinbase International Exchange is only available to non-U.S. customers in select jurisdictions and offers institutional clients access to over 30 perpetual futures and spot markets.

Coinbase share price rallies

The news comes as Coinbase's share price increased by over 10% in the past 24 hours, now trading above $280 per share, according to TradingView data.

The crypto exchange's prospects have advanced in sync with the broader …