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The crypto market experienced significant growth from July 7 to July 13, 2025, with XRP surging 27.9% to overtake Tether in market cap, reaching $167 billion, driven by whale accumulation and investor confidence. Bitcoin hit a record high above $119K, fueled by anticipation for favorable U.S. regulations during Congress’s “Crypto Week.” Altcoins like MemeCore, Mog Coin, and Stellar saw substantial gains, while Ethereum’s appeal grew as BTC Digital adopted it as a treasury asset, boosting public ETH holdings to 1.34 million. Solana’s DeFi ecosystem reached $10 billion in TVL, and Polygon’s zkEVM upgrade enhanced Ethereum scalability, spurring a 12% rise in MATIC. Binance’s new Cardano staking program, Chainlink’s CCIP expansion, and Coinbase’s listing of Sei and Core further highlighted the vibrant growth across diverse blockchain ecosystems.
- XRP surges 27% in a week, overtaking Tether in market cap
- Altcoins surge while Bitcoin dominance remains steady
- Bitcoin hits a record high above $122,000
- Ethereum treasuries grow as BTC mining firm adopts ETH
- Ripple CEO’s leadership fuels XRP’s $125 billion acquisition buzz
- Solana’s DeFi ecosystem reaches a record $10 billion in TVL
- Binance launches new staking program for Cardano
- Polygon unveils zkEVM upgrade for faster transactions
- Chainlink’s CCIP expands to support cross-chain interoperability
- Coinbase lists two new altcoins, boosting market access
1. XRP Surges 27% in a Week, Overtakes Tether in Market Cap
XRP experienced a remarkable 27.9% price surge over the past week, reaching $2.84. Its market capitalization climbed to $167 billion, surpassing Tether to become the third-largest cryptocurrency. The rally is attributed to increased investor confidence and positive market sentiment. Large holders, or “whales,” have accumulated significant amounts, with wallets holding at least 1 million XRP reaching an all-time high. This momentum suggests strong retail and institutional interest in XRP’s potential.
2. Altcoins Surge as Bitcoin Dominance Holds Steady
Crypto analyst Matthew Hyland noted that altcoins are experiencing significant gains without impacting Bitcoin’s market dominance. MemeCore (M) led the top 100 crypto gainers with a 1,263% surge, followed by Mog Coin (MOG) at 75.01% and Stellar (XLM) at 67.43%. Ethereum also saw a 7% increase over the past 30 days. Hyland suggests altcoins could see further upside if Bitcoin dominance drops to 45%. This trend highlights growing interest in diverse cryptocurrency assets.
3. Bitcoin Hits Record High Above $119K
Bitcoin surged to a new all-time high above $119K, driven by investors’ appetite for risk assets. The price action aligns with anticipation for Congress’s “Crypto Week” starting July 14, which may introduce favorable regulations. The cryptocurrency’s market cap reached $2.1 trillion, reinforcing its position as the leading digital asset. The rally coincides with tech sector gains, such as Nvidia’s $4 trillion valuation. Bitcoin’s year-to-date performance shows a 21% increase, boosting investor optimism.
4. Ethereum Treasuries Grow as BTC Mining Firm Adopts ETH
BTC Digital, formerly a Bitcoin mining company, announced a strategic shift to include Ethereum in its treasury, hailing ETH as “digital gold.” Public ether treasuries now hold over 1.34 million ETH, reflecting growing institutional adoption. The firm’s stock rose 13% after the announcement, signaling market approval. BTC Digital aims to expand its ETH reserve as U.S. regulations solidify. This move underscores Ethereum’s increasing appeal as a corporate investment asset.
5. Ripple CEO’s Leadership Drives XRP’s $125 Billion Acquisition Buzz
Ripple CEO Brad Garlinghouse’s leadership has sparked industry excitement, with comparisons to Steve Jobs for his strategic vision. His appearance at a Washington event coincided with a 13% daily surge in XRP’s price. Ripple’s advancements in RippleNet and On-Demand Liquidity are reshaping cross-border payments. The company’s legal clarity enhances XRP’s long-term growth prospects. Garlinghouse’s influence is seen as pivotal in positioning Ripple as a fintech leader.
6. Solana’s DeFi Ecosystem Sees Record $10 Billion in TVL
Solana’s decentralized finance (DeFi) ecosystem reached a new milestone with $10 billion in total value locked (TVL). The growth is driven by popular protocols like Marinade Finance and Jito, attracting developers and users. Solana’s high transaction speed and low fees continue to fuel its adoption. The network’s native token, SOL, saw a 15% price increase this week. This achievement cements Solana’s position as a leading DeFi platform.
7. Binance Launches New Staking Program for Cardano
Binance introduced a new staking program for Cardano (ADA), offering users up to 7% annual yield. The program aims to attract more retail investors to Cardano’s ecosystem, known for its research-driven blockchain. Staking participation has surged, with over 500,000 users joining within 48 hours. Cardano’s price rose 8% following the announcement, reflecting strong market interest. Binance’s move highlights Cardano’s growing relevance in the crypto space.
8. Polygon Unveils zkEVM Upgrade for Faster Transactions
Polygon announced a major upgrade to its zkEVM, improving transaction speeds by 30%. The layer-2 solution enhances Ethereum’s scalability, making it more attractive for dApps and DeFi projects. The upgrade has spurred a 12% rise in Polygon’s MATIC token price. Developers are optimistic about zkEVM’s potential to drive mass adoption. Polygon’s focus on innovation strengthens its role in Ethereum’s ecosystem.
9. Chainlink’s CCIP Expands to Support Cross-Chain Interoperability
Chainlink’s Cross-Chain Interoperability Protocol (CCIP) expanded to support five new blockchains, including Avalanche and Polkadot. The upgrade enables seamless data and asset transfers across chains, boosting DeFi and NFT use cases. Chainlink’s LINK token gained 10% in value this week. The expansion has attracted partnerships with major protocols like Aave and Compound. Chainlink’s advancements solidify its position as a key infrastructure provider.
10. Coinbase Lists Two New Altcoins, Boosting Market Access
Coinbase announced the listing of two emerging altcoins, Sei (SEI) and Core (CORE), on its platform. The listings aim to provide users with access to promising projects in DeFi and layer-1 solutions. Both tokens saw price increases of 20% and 15%, respectively, post-announcement. Coinbase’s rigorous vetting process enhances investor confidence in these assets. The move reflects growing demand for diversified crypto offerings.
Sorces: The crypto news for July 7–13, 2025, was sourced from news.bitcoin.com, cointelegraph.com, finance.yahoo.com, coindesk.com, ainvest.com, binance.com, and coinbase.com, as well as official X handles for Binance, Chainlink, and Coinbase.
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AllePay-ALPY Team