Hey VIPs! Here’s a quick snapshot of key Web3 developments in July 2025, covering crypto, DeFi, and NFTs 📊

1️⃣ Crypto Market Highlights

In July, the crypto market cap rose 13.3%, led by BTC hitting a new high above $123,000 and $ETH surging 51%, driven by ETF inflows and corporate adoption. ETH dominance increased to 11.8%, while BTC dominance fell to 60%. Regulatory progress, including the GENIUS Act, boosted optimism. Top gainers: SUI (+34.6%), ADA (+33.8%), DOGE (+30%), and BNB (+22.1%). SOL and TRX also gained; XRP saw profit-taking. Caution grew late-month due to tariff moves and Fed signals.

2️⃣ DeFi Update

DeFi TVL grew 23.6%, fueled by higher risk appetite and clearer regulations. Ethereum strengthened its lead; BNB Chain, Solana, and Arbitrum declined slightly; Tron rebounded. Stablecoins grew 5.1%, with USDT maintaining dominance supported by recent legislation.

3️⃣ NFT Market

NFT sales jumped 49.9%, boosted by a whale buying 45 CryptoPunks. Ethereum led with a 58% sales increase, powered by CryptoPunks (+393%), Pudgy Penguins (+371%), and Moonbirds (+296%). Bitcoin NFT sales rose 28%; Polygon sales dropped 51.5%. Market cap nearly doubled since June, signaling NFT recovery driven by NFT-ETF talks and growing institutional interest.

Which July development excites you the most, and what are you watching for in August? Share your thoughts below ⬇️