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XRP Surges 4.91% as Ripple SEC Case Developments and ETF Inflows Drive Market Momentum

XRPUSDT has experienced a 4.91% price increase over the past 24 hours, rising from a 24h open of 2.8602 to a current price of 3.0006 on Binance. This upward movement is primarily attributed to renewed optimism surrounding Ripple's ongoing case with the U.S. SEC, including anticipation of a closed-door SEC meeting on August 7 that may address the appeal in the Ripple case and the potential approval of XRP-spot ETFs. Additional positive sentiment has been driven by strong inflows into Teucrium's XRP ETF and the launch of the RLUSD stablecoin on the XRP Ledger and Ethereum. Technical analysis indicates XRP is testing key resistance near $3.00, with trading volume remaining significant and market capitalization estimated between $175 billion and $178 billion, reinforcing its position as the third-largest cryptocurrency by market cap.

DOGE Token Surges 2.72% Amid Golden Cross and ETF Speculation, Trading Volume Nears $1 Billion

Dogecoin (DOGEUSDT) experienced a 2.72% price increase over the last 24 hours, rising from 0.19652 to 0.20187, with trading volume peaking at 918.53 million and 502.81 million during periods of heightened market activity. This price movement is attributed to ongoing market volatility driven by recent Federal Reserve interest rate decisions and global trade developments, as well as technical factors such as DOGE retesting a key support zone around $0.19–$0.21. Despite a broader bearish sentiment and a notable decline in futures open interest earlier in the month, technical signals like a "Golden Cross" and speculation about a potential Dogecoin ETF have contributed to renewed buying interest and short-term price recovery.

Currently, Dogecoin trades at 0.20187 with a 24-hour open of 0.19652 and a market capitalization of approximately $30.41 billion, maintaining its position among the top 10 cryptocurrencies. The asset has shown a 1.64% to 3.11% increase in the past day, following a week of significant volatility and a 16.31% decline, with a circulating supply of around 150 billion DOGE and a 24-hour trading range between $0.1949 and $0.2029.

MAGIC Token Soars 27.5% After Treasure DAO Proposal, $25.7M Volume Signals Rising Momentum

MAGICUSDT experienced a significant price increase of 27.50% over the last 24 hours, with the current price at $0.2077 on Binance. This surge is primarily attributed to a recent Treasure DAO proposal that increased the circulating supply of MAGIC, which has sparked active community discussions regarding its impact. Additionally, bullish sentiment has been fueled by technical breakouts and narratives around AI gaming and new ecosystem features, as well as a recent history of strong upward price movements following major announcements. The 24-hour trading volume on Binance reached $25.7 million, reflecting heightened investor interest and substantial market activity, with the token trading between $0.1629 and $0.2077 during this period.

SPK Token Soars 35% After Mainnet Launch, $30M Volume Surge and Whale Activity on Binance

SPKUSDT has experienced a significant 35.24% price increase in the last 24 hours, with the current price at $0.122087 on Binance. The surge is attributed to the recent launch of the SPK Network mainnet, its integration with THENA DEX, and heightened community activity following a large token unlock and notable whale deposits. Additionally, a short liquidation event totaling $99,400 contributed to increased volatility and trading volume. The token has seen robust 24-hour trading activity, with volume exceeding $30 million on Binance and a market capitalization ranging from approximately $125.9 million to $131.2 million. Recent price action follows a period of correction after a 530% rally in mid-July, with SPK now trading near key support levels and maintaining high volatility.

CFX Surges 2.28% After Mainnet 3.0 Upgrade, AxCNH Stablecoin Launch, and Ecosystem Partnerships

Conflux (CFXUSDT) has experienced a 2.28% price increase over the past 24 hours, currently trading at $0.2110 according to Binance data. This recent upward movement is primarily attributed to the successful completion of the Conflux Network 3.0 mainnet upgrade, the launch of the AxCNH offshore yuan stablecoin pilot, and new ecosystem partnerships, all of which have generated renewed investor interest and optimism. Additionally, anticipation surrounding the upcoming token unlock scheduled for August 4 and ongoing discussions about future network upgrades have contributed to heightened trading activity and positive sentiment.

The market has seen increased trading volume, with 24-hour figures ranging from $265.55 million to $464.64 million, and the price fluctuating between $0.1826 and $0.2229. Technical indicators such as the RSI and MACD suggest continued bullish momentum, while the circulating supply stands at approximately 5.12 billion tokens and market capitalization is estimated between $1.03 billion and $1.10 billion.

ADA Surges 2.39% as Cardano Community Approves 96.8M Token Treasury Upgrade Funding

Cardano (ADAUSDT) has experienced a 2.39% price increase over the past 24 hours, with the current price at $0.7413 according to Binance data. This upward movement follows a recent market-wide liquidation event that impacted leveraged positions across the cryptocurrency sector, as well as a significant governance milestone where the Cardano community approved a treasury withdrawal of 96.8 million ADA to fund core protocol upgrades. The historic vote, which received strong community support, has contributed to renewed interest and positive sentiment around ADA, supporting its recovery from last week's decline. Trading volume over the past 24 hours was approximately $982.75 million, and the market capitalization stands near $26.72 billion, with ADA trading in a range between $0.7174 and $0.7434. The asset is currently approaching a key resistance level, with analysts monitoring for a potential trend reversal or further consolidation.

ENA Token Surges 13% as Trading Volume Tops $1.1B Amid Whale Moves and Token Unlock Anticipation

ENAUSDT experienced a 13.04% price increase over the past 24 hours, rising from 0.5498 to 0.6215, with trading volume exceeding $1.1 billion. The price surge is attributed to heightened market activity following Arthur Hayes' sale of 7.76 million ENA tokens, anticipation of the upcoming August 5 token unlock (171.88 million ENA), and strong growth in Ethena’s USDe stablecoin supply, which has positioned Ethena as a leading DeFi protocol. Despite some short-term bearish signals and whale exits ahead of the unlock, bullish sentiment has been supported by robust fundamentals, ecosystem partnerships, and technical indicators showing strong investor interest. ENA is currently trading near $0.62, with a market cap of approximately $3.82 billion and a circulating supply of 6.35 billion tokens.

XRP Surges 5% Amid $41M Liquidations, Major Accumulation, and Regulatory Momentum Boost

XRPUSDT experienced a 5.07% price increase over the last 24 hours, rising from 2.8676 to 3.0129, driven by heightened trading activity following the sale of over 719 million XRP and more than $41 million in long position liquidations. Additional factors contributing to the price movement include significant accumulation by large holders, Ripple’s transfer of 250 million XRP to an unknown wallet, and the locking of 700 million XRP in escrow, which may have influenced supply dynamics. Regulatory developments, such as ongoing SEC-related actions and a recent White House report signaling a favorable stance toward digital assets and DeFi, have also impacted sentiment. The integration of XRP into Lytus Fintech’s NexFi platform and strong trading volumes, particularly in the Korean market, further supported the bullish momentum. Currently, XRPUSDT is trading at 3.0129 with a 24-hour volume between $4.81 billion and $7.66 billion, a market cap near $177.5 billion, and remains the third-largest cryptocurrency by market capitalization.

MAGIC Token Surges 21.95% After New Listings and Treasure DAO Ecosystem Expansion Drive Momentum

MAGICUSDT experienced a significant price increase in the last 24 hours, rising 21.95% to $0.2017 on Binance, primarily driven by heightened investor interest following new exchange listings (notably Niza.io and Gate.io), a surge in trading volume, and positive sentiment around Treasure DAO’s AI-driven product launches and ecosystem expansion. The recent Treasure DAO governance proposal, which increased the circulating supply of MAGIC tokens, also sparked active community discussions on tokenomics and liquidations, further fueling market activity.

Currently, MAGICUSDT is trading at $0.2017 with robust 24-hour trading volume and a market capitalization estimated between $51.8 million and $56.89 million, reflecting strong momentum and volatility amid ongoing developments in the Treasure ecosystem.

DOGE Surges 3.54% as Whales Accumulate 310 Million Tokens, Testing Key $0.20 Resistance

Dogecoin (DOGEUSDT) experienced a 3.54% price increase over the past 24 hours, rising from 0.19628 to 0.20322 on Binance. This upward movement is primarily attributed to significant accumulation by large wallets, which added over 310 million DOGE, and heightened whale activity that drove a brief rally above the $0.20 resistance level. Despite the lack of recent protocol updates or major announcements, the surge in whale accumulation and technical signals such as a "Golden Cross" on the daily chart contributed to bullish sentiment. However, trading volume saw a notable decline of over 50% compared to the previous day, indicating reduced market activity following the initial price surge.

Currently, Dogecoin is trading at approximately $0.20322 with a 24-hour trading volume between $1.3 billion and $2.18 billion, a market capitalization near $30 billion, and a circulating supply of about 150.36 billion DOGE. The asset remains volatile, with traders closely monitoring the $0.20 level as a key support and resistance zone.

ETH Surges 2.77% as Spot ETF Inflows, $7.26B Liquidations, and NFT Leadership Drive Momentum

Ethereum (ETHUSDT) has risen by 2.77% over the past 24 hours, with the current price at 3552.66 USDT on Binance. The recent price increase is attributed to several factors: strong investor confidence reflected in record-breaking net inflows into spot Ethereum ETFs in July, heightened trading activity following significant market liquidations totaling $7.26 billion USDT, and renewed bullish sentiment after ETH rebounded from a recent low of 3,372 USDT. Additional support comes from Ethereum's leadership in NFT sales and ongoing network development proposals aimed at enhancing security. The 24-hour trading volume remains robust, ranging from $19.65 billion to $22.49 billion, and market capitalization is approximately $427.5 billion, underscoring Ethereum’s continued prominence and active investor engagement.

SPK Token Soars 32% After Mainnet Launch, Whale Activity, and $99K Short Liquidation on Binance

SPKUSDT has experienced a significant 32.47% price increase in the last 24 hours, rising from 0.091376 to 0.121044 USDT on Binance. This sharp upward movement is attributed to several key developments: the launch of the SPK Network mainnet, successful integration with THENA DEX, and heightened market activity following a notable whale deposit to Binance. Additionally, a short liquidation event totaling $99,400 contributed to upward price pressure by forcing short positions to close. Community discussions around an upcoming token unlock have also increased attention and trading volume.

Currently, SPKUSDT is trading at 0.121044 USDT with a substantial surge in 24-hour trading volume, reflecting increased investor interest and market participation. The token’s market capitalization stands at approximately $125.89 million, with trading activity concentrated on major exchanges. The recent bullish breakout and strong fundamentals of the Spark DeFi platform are supporting the positive momentum.

ENA Token Surges 13.79% After $260M Buyback, Major Withdrawals, and Anchorage Digital Partnership

Ethena (ENAUSDT) experienced a notable price increase of 13.79% over the last 24 hours, rising from 0.5418 to 0.6165 on Binance. This upward movement is primarily attributed to positive market sentiment following Ethena’s $260 million token buyback announcement, a new partnership with Anchorage Digital, and a significant withdrawal of over 1.07 billion ENA tokens from exchanges, which reduced selling pressure and signaled increased long-term confidence. Additional bullish momentum was supported by technical indicators such as a "Golden Cross" and a surge in trading volume, while investor attention was heightened by the reported sale of 7.7 million ENA tokens by Arthur Hayes.

Currently, ENAUSDT is trading at 0.6165 with a 24-hour trading volume of approximately $945 million and a market capitalization estimated between $3.33 billion and $3.75 billion. The asset has shown strong volatility, with recent price action breaking through key resistance levels and maintaining high trading activity, reflecting ongoing institutional interest and robust protocol growth.

ETH Surges 2.62% as Spot ETFs Attract $5.4B Inflows, Defying Market Volatility

Ethereum (ETHUSDT) experienced a 2.62% price increase over the past 24 hours, with the current price at $3,529.78 on Binance. The price movement is primarily attributed to a market rebound following recent weakness driven by concerns over new U.S. tariffs and disappointing jobs data, which led to significant liquidations of long positions across BTC and ETH. Despite these bearish pressures, including a large $171 million short position and negative funding rates, Ethereum saw renewed investor confidence as spot Ethereum ETFs recorded a record $5.4 billion in net inflows in July. This influx of capital, combined with retail investors buying the dip around $3,600, contributed to the recent price recovery.

Trading activity remains high, with 24-hour volumes reported between $18 billion and $34.5 billion and a market capitalization near $430 billion. Ethereum's price has fluctuated within a broad range, reflecting ongoing volatility amid mixed bullish and bearish signals in the market.

XRP Surges 5% as Ripple Moves 250M Tokens and SEC Meeting Fuels Investor Optimism

XRPUSDT experienced a 5.09% price increase over the last 24 hours, rising from 2.8283 to 2.9723, primarily driven by heightened institutional activity, including a 250 million XRP transfer by Ripple and increased holdings among large wallets. This surge in trading volume and price was further supported by renewed investor interest following positive media coverage and anticipation of regulatory developments, particularly the upcoming SEC meeting regarding Ripple. Currently, XRPUSDT trades at 2.9723 with robust 24-hour trading volume and a circulating supply of approximately 59.31 billion, maintaining its position as the third-largest cryptocurrency by market capitalization.

MAGIC Token Soars 22.7% After Governance Proposal, AI GameFi Launch, and Major Exchange Listings

MAGICUSDT experienced a significant price increase of 22.70% over the past 24 hours, with the current price on Binance at $0.2016, up from a 24-hour open of $0.1643. This surge is primarily attributed to heightened interest following Treasure DAO’s recent governance proposal to increase the circulating supply, the launch of new AI GameFi features, expansion to the Ronin network, and new exchange listings on Niza.io and Gate.io. Additional factors include substantial trading activity by large holders and growing attention to the project’s AI gaming narrative.

The market has seen robust participation, with a 24-hour trading volume of $239,044,612 and MAGICUSDT ranking among the most actively traded pairs on Binance. The circulating supply is reported at approximately 310–337 million tokens, with a market capitalization ranging from $51.8 million to $57 million depending on the source. The asset remains volatile, drawing close attention from traders as it continues to respond to recent developments and increased market activity.

DOGE Token Surges 2.39% as Social Buzz, $2.3B Volume, and Bullish Patterns Drive Market

Dogecoin (DOGEUSDT) has seen a 2.39% price increase over the past 24 hours, rising from an open of $0.19527 to $0.19993. This upward movement is primarily attributed to strong social media momentum, increased community engagement, and bullish technical patterns such as the "cup-and-handle" formation highlighted by analysts. Additionally, a notable rise in trading volume, which reached $2.3 billion, and increased transfers of Dogecoin to exchanges have contributed to heightened market activity. Despite some recent volatility and a decrease in futures open interest from $5.35 billion in July to $3.42 billion, Dogecoin maintains robust support from its community and continues to be favored for microtransactions due to its low fees and fast block times.

Currently, Dogecoin is trading near $0.20 with a 24-hour trading volume of $2.3 billion and a market capitalization exceeding $30 billion, reflecting sustained interest and active participation in the market.

INIT Token Surges 13% After Mainnet Launch, Binance Event, and $2M Rewards Pool Announcement

INITUSDT has experienced a notable 13.30% price increase over the past 24 hours, rising from a 24h open of $0.3713 to $0.4207 on Binance. This bullish momentum is attributed to several recent developments, including INITUSDT’s participation in a Binance event featuring a $2,000,000 rewards pool and a quest with up to $888,888 in BNB rewards, as well as the recent mainnet launch and integrations with XRPL and COTI. Additionally, the 2.5 million INIT team token unlock on August 3 and heightened trading activity have contributed to increased market interest and volatility.

Currently, INITUSDT is trading at $0.4207 with a 24-hour trading volume exceeding $73 million and a market capitalization around $64.58 million. The circulating supply stands at over 161 million INIT coins out of a maximum supply of 1 billion, placing INIT among the top 500 cryptocurrencies by market cap.

SPK Token Surges 18% After Mainnet Launch, THENA DEX Integration, and Ignition Airdrop Buzz

SPKUSDT has experienced notable price volatility in the past 24 hours, with the price on Binance rising 18.39% to 0.112542 USDT from a 24-hour open of 0.095063 USDT. This price surge is primarily attributed to increased market attention following the recent mainnet launch of SPK Network, its integration with THENA DEX, and heightened community interest surrounding the upcoming Ignition Airdrop and potential token unlock. The listing of the SPKUSDT perpetual contract on major exchanges, including Binance Futures, has further boosted visibility and trading activity.

Currently, SPKUSDT is trading at 0.112542 USDT on Binance with significant 24-hour trading volume and a market capitalization estimated at approximately $125 million. The asset has shown strong upward momentum, supported by its growing presence in the DeFi sector and substantial total value locked, but remains subject to high volatility and fluctuations across different exchanges.

ADA Surges 2.46% as $70M Upgrade, Rare Evo Hype, and Airdrops Drive Cardano Momentum

Cardano (ADAUSDT) has seen a 2.46% price increase over the past 24 hours, currently trading at 0.7323 on Binance. This upward movement is primarily attributed to positive sentiment following the Cardano community's approval of a $70 million treasury allocation for core protocol upgrades focused on scalability and developer experience, as well as anticipation surrounding the upcoming Rare Evo event and the expected Glacier airdrop announcement. Additional attention has been drawn by the launch of the Midnight airdrop, the introduction of the USDM stablecoin, and ongoing discussions about a potential Cardano ETF decision by the SEC. Trading volume remains robust, though slightly lower than the previous day, with market capitalization near $26.8 billion and a circulating supply of approximately 35.4 billion ADA.