24/07/2025 | Crypto Trends & News Recap

24/07/2025 | Crypto Trends & News Recap

Thanh Tú7/24/2025

 - U.S. stocks rose, but crypto-related shares moved in mixed directions. BMNR dropped 2.06%, SBET fell 5.8%, Strategy declined 3.22%, while Circle rose 2.07%.

 

 - LetsBONK announced a plan to buy back top meme tokens in its ecosystem using 1% of total protocol revenue. Market caps: #USELESS at $320M, #ANI at $77M, #BONK hits $3.075B, nearly catching up with PUMP.

 

 - PUMP disappointed significantly: A private fund was found to have transferred $14.3M PUMP to an exchange. A 5x long trade by "Machi Big Brother" is down over $5M. PUMP's market cap dropped to $3.1B.

 

 - AI altcoin #SAHARA surged 86% in one day, possibly fueled by Korean investor inflow. Market cap hit a record $1.3B. The community insists SAHARA “owes no one anything.”

 

 - #SPK jumped 200% in three days, with market cap exceeding $1.2B. The project, in collaboration with MakerDAO, offers loan yields up to 30%, boosting mining revenue.

 

#PENGU overtook BONK, becoming the largest meme token in the Solana ecosystem with a market cap of $3.7B. The 4-year anniversary of the "Chubby Penguin" NFT collection helped fuel the rally.

 

 - Tron Inc will list on NASDAQ on July 24. Although #TRX has been flat this week, news that Justin Sun is “going to space” may provide a new catalyst.

 

 - Around 520,000 ETH in staking is about to unlock, and investors are lining up to withdraw. ETH may face selling pressure, and stETH on Lido is trading below peg due to high unstaking demand.

 

 - Trump’s fund – #WLFI – has acquired another $2M in ETH, bringing the weekly total to over 10,000 ETH. Speculation is rising about a major move being prepared.

 

 - #BNB market cap hits an all-time high of $109.1B, surpassing Starbucks. Capital is flowing into the BNB ecosystem, including DeFi and MEME tokens.

 

 - #ZORA surged over 110% in 24h, rising 5x in 10 days, with market cap reaching $157M. The spike is driven by BaseApp’s social features and a content monetization model, creating strong FOMO among creators and investors.

 

 - BTC maintains bullish momentum, while ETH faces pressure amid rumors Justin Sun is selling. #SOL plunged after touching $200. Altcoins are broadly correcting since last night.