Crypto Market Recap: July 2025

Crypto regulation in the U.S., Bitcoin’s new ATH, a DeFi boom, and record-breaking NFT volumes. July turned out to be a pivotal month for the crypto market. Explore it in a detailed recap of the month’s key events and trends.

@samaellabs

​​As Linea released its tokenomics, let's give it a closer look and consider possible LINEA airdrop scenarios 👇

LINEA details

Total supply: 72B LINEA
Circ. supply at TGE: 15.8B LINEA (~22%)

- 75% Ecosystem growth, public goods funding, R&D
- 15% Consensys treasury (5-year lock)
- 9% Early users
- 1% Builders

Other important details:
- 20% of net income gas fees will be burned
- 80% will be used to burn LINEA

Airdrop

At TGE, the circulating supply will be 22%. 12% of that will be used to support exchange liquidity and market makers, liquidity provisioning, time-sensitive builders' grants, and partnerships.

1% goes to strategic builders, so the remaining 9% (6.48B LINEA) are allocated for early users LXP holders. Interestingly, rewards for LXP-Ls are handled separately and included in the 75% ecosystem fund.

As Linea team mentioned that thresholds will be applied, so let's consider a minimum of 1,500 LXP in place.

This takes the number of eligible wallets to roughly 500K. So 6.48B / 500K = 12,960 LINEA allocation per user.

Note that it is conditional calculations, and the final allocation will depend on various factors.

Token price

First, there is no pre-market with high volume that can be relied on. So let's try to compare a possible LINEA valuation with 3 big L2 airdrops from the past: Arbitrum, Scroll, and ZKsync. Both the FDV at TGE and the current FDV will be considered.

If Linea launches at:

Arbitrum FDV at TGE ($12B) => 12,960 LINEA = $2,160
Arbitrum current FDV ($3.9B) => 12,960 LINEA = $702

Scroll FDV at TGE ($1.2B) => 12,960 LINEA = $216
Scroll current FDV ($0.28B) => 12,960 LINEA = $51

ZKsync FDV at TGE ($2.9B) => 12,960 LINEA = $522
ZKsync current FDV ($1.06B) => 12,960 LINEA = $191

Final note

Interestingly, there is no VC allocation in LINEA, so there should be low selling pressure on day 1.

These are all theoretical scenarios. The official checker will be announced by the Linea team later. The allocation and price will depend on numerous factors.

👉 @samaellabs

​​📉 Market Overview

The crypto market saw a slight decline over the last 24h. Ethereum grew against the market despite record ETF outflows ($465M), while most major altcoins dropped in price.

Bitcoin: $114,088 -0.56%
Ethereum: $3,617 +1.88%

MYX skyrockets nearly 300% ahead of its V2 launch.

Market Cap: $3.92T
24h Liquidations: $279M
Fear & Greed Index: 60 (Greed)
Altcoin Index: 51/100

👉 Latest News

- Ethereum ETF faced record $465M daily outflows
- Cardano secured a $71 million treasury allocation for network upgrades
- MicroStrategy added 21,000+ BTC to its portfolio over the last week

👉 Small Cap Gainers

MYX Finance +288%
Kleros +31%
Unstable coin +26%
Kernel DAO +25%
Rhea Finance +25%

👉 Recent Funding Rounds

- STAN $8.5M Series A Round backed by Bandai Namco Entertainment, Aptos, General Catalyst, and others.
- OpenMind $20M Funding Round led by Pantera Capital
- Rialo $20M Seed Round led by Pantera Capital

@samaellabs

U.S🇺🇸 stock market saw a $1.1 trillion rise in total value yesterday

@samaellabs

​​First Crypto ETF Outflow in 15 Weeks

Last week marked the first net outflow from crypto ETFs in 15 weeks. This week is also showing continued outflows, reinforcing the “buy the rumor, sell the news” pattern as the long-anticipated crypto legislation was finally signed into law.

👉 https://cryptorank.io/performance
@samaellabs

​​📉 Market Overview

The crypto market dropped slightly over the last 24h. BTC ETF saw net outflows for 4 consecutive days, while ETH ETF added $73M. Meanwhile, most major altcoins saw a 1-3% decrease.

Bitcoin: $114,056 -0.23%
Ethereum: $3,630 -0.95%

TROLL maintains its green streak, gaining 320%+ over the last week. MYX grows another 130%, now sitting at $316M market cap.

Market Cap: $3.92T
24h Liquidations: $348M
Fear & Greed Index: 54 (Neutral)
Altcoin Index: 40/100

👉 Latest News

- Trump is looking to step up pressure against banks discriminating crypto companies
- Indonesia's Vice President's office held discussions exploring Bitcoin as a national reserve asset
- SEC states some liquid staking activities are not securities

👉 Small Cap Gainers

Housecoin +57%
catwifmask +51%
Karrat +26%
KLEDAI +22%
Yooldo +18%

👉 Recent Funding Rounds

- AIxBlock $1.73M Grant Round backed by European Union
- Verb Technology (TON Strategy Co.) $558M PIPE Round led by Kingsway Capital
- Triv Strategic Round backed by MEXC Ventures

@samaellabs

​​Top 10 ETH Holders Among Companies and Foundations

The amount of ETH held by corporations has been steadily increasing since the GENIUS Act was signed on July 18, as Ethereum is seen as one of the primary beneficiaries of the newly approved legislation.
https://cryptorank.io/price/ethereum

@samaellabs

​​LetsBonk vs Pump fun: July stats

LetsBonk showed strong performance, beating PumpFun in almost every key metric last month.

The trend continues in August, with LetsBonk capturing around 80% of the trading volume market share.

👉 @samaellabs

​​With $620M, Tether leads 30d fee generation, outpacing Circle by over 200%

The entire top 10:

Tether $620M
Circle $199M
PancakeSwap $141M
Uniswap $117M
Meteora $106M
Jupiter $99M
Hyperliquid $97M
Lido Finance $76M
Aave $69M
Raydium $62M

👉 @samaellabs

​​📈 Market Overview

Total market cap added 1.4%, with most major tokens posting gains, sentiment flipping back to Greed after a brief dip to Neutral, and institutions back to buying BTC and ETH ETFs.

Bitcoin: $114,771 +0.54%
Ethereum: $3,699 +1.70%

The Altcoin Index sinks back below 40, its lowest level since mid-July, as investor sentiment turns cautious once again.

Market Cap: $3.98T
24h Liquidations: $148M
Fear & Greed Index: 62 (Greed)
Altcoin Index: 37/100

👉 Small Cap Gainers

MemeFi +183.4%
PlaysOut +95.4%
Velvet Capital +74.3%
Donkey +43.8%
olaxbt +37.5%

👉 Latest News

- VanEck files to enable staking for its Ethereum ETF
- China plans to allow the launch of its first stablecoin to compete against USD
- MetaMask plans to launch its own stablecoin in partnership with Stripe

👉 Recent Funding Rounds

- SuperGaming $15M Series B led by Steadview Capital and Skycatcher
- Satsuma Technology $217.6M Post-IPO Debt led by ParaFi Capital
- Tectonic Funding Round backed by Black Flag

@samaellabs

​​Top 10 Large Cap Projects by 24h Price Gain

Explore the projects leading the way in the current market rebound:

Pudgy Penguins +12.8%
Ethena +12.0%
Conflux +10.5%
Algorand +9.91%
Mantle +9.68%
Sui +9.61%
POL (ex-MATIC) +8.70%
World +8.54%
Bonk +8.11%
Sky +7.88%

👉 @samaellabs

Ethereum reached the $4,000 mark.

This was the first time it had reached that price since December 2024.

@samaellabs

​​📈 Market Overview

Crypto market grew 3% in the last 24h, driven by regulatory wins like Trump’s 401(k) order and SEC/Ripple settlement. BTC & ETH ETFs saw $280M and $222M in inflows, respectively.

Bitcoin: $116,859 +1.78%
Ethereum: $3,917 +5.77%

PENDLE added 27% in a day amid whale accumulation and increased protocol activity.

Market Cap: $4.09T
24h Liquidations: $408M
Fear & Greed Index: 74 (Greed)
Altcoin Index: 36/100

👉 Latest News

- Trump opens door for crypto in retirement accounts, making it easier for Americans to use retirement savings to invest in crypto and other assets.
- SEC and Ripple drop appeals, ending a lawsuit. $XRP jumps 11%.
- Ripple to buy stablecoin payments firm Rail for $200M.

👉 Small Cap Gainers

Labubu +84%
AS Roma Fan Token +71%
Donkey +68%
BOSS +66%
Flayer +62%

👉 Recent Funding Rounds

- Doppler Finance $3M Seed Round led by Reforge VC
- BOB $9.5M Strategic Round backed by CMS Holdings, IOSG Ventures, Amber Group, and others
- Lightnet $5M Strategic Round backed by Easou Technology

@samaellabs

​​Trump Opens $27.7T Pension Market to Crypto

Yesterday, President Trump signed an executive order allowing 401(k) investors to access alternative assets, including digital assets. With $27.7 trillion in public and private pension funds, even a small allocation to crypto could significantly boost the market's capitalization.

👉 @samaellabs

​​Over the last month, the stablecoin sector set several notable records.

The total stablecoin market cap reached an ATH of $269B. USDT remains the dominating asset, capturing 61% market share with $164.7B market cap. it's followed by USDC with ~24% share and USDe (3.6%). With $136B, Ethereum is the leading chain by stables, accounting for 52% of the market.

In July, stablecoins reached an ATH of 44.8M in active addresses. USDT (30.2M), USDC (12M), and USD1 (0.87M) had the highest number of interacting addresses.

BNB Chain led with 14.7M active stablecoin addresses, followed by Tron (9.9M), and Polygon (5M). Over the past 30 days, stablecoin transactions totaled 1.3B.

Total stablecoin volume hit an ATH of $1.5T in July, up 18% month-over-month and nearly 50% compared to July 2024. USDC accounted for almost half of the volume (48.76%), followed by USDT (27.4%) and DAI (17.6%).

At the current pace, the total stablecoin market cap could reach $300B by year-end.

👉 @samaellabs

🦄 In July, DeFi sector liquidity reached a record $270 billion — Ethereum continues to dominate this segment with a TVL of $166 billion.
@samaellabs

🇬🇧 British oil and gas company Union Jack Oil is starting to mine Bitcoin.

Biggest shit? 👀
@samaellabs

JUST IN: Over $50,000,000 of Bitcoin shorts has been liquidated in the past two hour.

@samaellabs