In a notable development in July 2025, Dogecoin (DOGE) returned to the forefront of the market strongly, experiencing a 6% increase to $0.2485, supported by several stimulating factors that piqued the interest of both investors and institutions.
✅ What caused this rise?
🔹 Approval of the GENIUS law in the United States
The new law provides a clear and supportive legal framework for cryptocurrencies, enhancing trust among traders and investors, especially in meme coins like DOGE.
🔹 Dogecoin's integration with the Solana network
Development teams announced the successful technical integration linking Dogecoin with the Solana network, which contributes to improving transaction speed and reducing costs, enhancing the use of DOGE in decentralized applications (dApps).
🔹 Whale activity boosts momentum
Collective purchases of over one billion DOGE coins were observed by large wallets (whales), which is considered an indicator of market confidence in the upcoming price surge.
🔹 $17 billion inflow into meme coins
The meme coin market saw a significant financial inflow during July, with new inflows exceeding $17 billion, contributing to DOGE's strength in this rapidly growing sector.
🎯 Upcoming price predictions:
As the #BinanceTurns8 celebration approaches, expectations are rising that Dogecoin will break the $0.27 level, with extended targets between:
$0.36 (in the near term)
up to $0.50 (if the positive momentum continues during the third quarter of the year)
💡 Is Dogecoin ready to lead the meme coin market again?
With the combination of positive regulatory factors, institutional support, and technical integrations, Dogecoin seems well-positioned to continue rising and achieve new numbers in 2025.
📌 Advice for investors:
As with all cryptocurrencies, especially "meme" ones, it is always advised to do your own research and not invest amounts you cannot afford to lose.