The crypto market saw renewed momentum today, with several altcoins posting strong 24-hour gains. Topping the list is Pump.fun (PUMP), which surged over 16%, followed by Sonic (S), Story Protocol (IP), Ethena (ENA), and Toncoin (TON), all showing promising price action across the board. Pump.fun stole the spotlight with a 16.07% daily rise, lifting its price to $0.003028 and pushing its market cap past $1 billion. Sonic followed closely with a 10.89% gain, despite a minor 7-day dip. Meanwhile, Story Protocol, a project focused on decentralized content rights, jumped 9.57% on the day. Ethena saw a 9.72% increase, continuing a strong week with a 29% gain. Toncoin rounded out the top five with an 8.09% daily boost, maintaining upward momentum. Market Highlights: Pump.fun (PUMP) Price: $0.003028 | 24h Gain: +16.07% Market Cap: $1.07B | Volume: $688.4M PUMP continues to attract short-term momentum traders and memecoin speculators, fueled by high-volume activity. Sonic (S) Price: $0.3328 | 24h Gain: +10.89% Market Cap: $958.5M | Volume: $290.9M Despite a slight 7-day decline, Sonic bounced back sharply today, supported by growing DeFi interest on Solana. Story Protocol (IP) Price: $6.45 | 24h Gain: +9.57% Market Cap: $1.9B | Volume: $113.6M Story is gaining traction with creators as blockchain-based IP rights begin to see stronger demand. Ethena (ENA) Price: $0.6204 | 24h Gain: +9.72% Market Cap: $3.94B | Volume: $1.58B ENA’s rise reflects investor optimism around decentralized stablecoin infrastructure and high TVL growth. Toncoin (TON) Price: $3.61 | 24h Gain: +8.09% Market Cap: $8.73B | Volume: $527.9M Riding the wave of Telegram’s ecosystem expansion, TON continues to show strong mid-term potential. With bullish sentiment building, these five altcoins are currently leading the charge, signaling a broader risk-on appetite among traders. If momentum holds, the altcoinmarket could see deeper rallies heading into August. #Toncoin
Ethereum Posts Best Month in Years as ETF Frenzy Fuels 56% Surge
Ethereum just delivered its strongest monthly rally in three years, jumping 56% in July and drawing comparisons to the early tech boom of the 1990s. The price soared from $2,468 at the start of the month to $3,862, with analysts pointing to a wave of inflows into spot Ethereum ETFs as the primary catalyst. Bloomberg’s Eric Balchunas likened Ethereum’s current trajectory to the rise of 90s tech stocks, driven by explosive adoption and investor excitement. Over a 19-day stretch in July, spot ETH ETFs pulled in $5.37 billion, including a single-day high of $727 million. BlackRock’s iShares Ethereum ETF reached $10 billion in assets in just 251 days—an achievement few ETFs have matched. While ETH is soaring on investor sentiment, activity on the Ethereum network tells a different story. According to 10x Research’s Markus Thielen, network revenue has barely budged and remains well below the highs seen in late 2021. In fact, much of the recent price action has come during Asian trading hours, suggesting a regionally concentrated surge. Despite the disconnect between protocol revenue and market cap—now $466 billion—interest from institutions is rising fast. And with ETF inflows outpacing even Bitcoin’s in recent weeks, Ethereum’s breakout may just be getting started. #Ethereum
XRP is now trading at $3.17, pushing past the crucial $3.03 mark that analysts have long identified as a major breakout level. With less than a day left before the monthly candle closes, all eyes are on whether XRP can hold this line and close above it—something it has never done before in its price history. According to popular market commentator EGRAG CRYPTO, this breakout represents what he calls “The Chasm,” a critical resistance zone.
He emphasized that surpassing it isn’t just symbolic—it could mark the beginning of XRP’s next major bull cycle. Historical patterns shown in his shared chart outline three distinct growth phases, with each prior breakout leading to significant upward momentum. This $3.03 level, he suggests, is not only a technical barrier but also a psychological turning point. #xrp
XRP vs. Pi Coin: Which Crypto Is the Better Buy in 2025?
As the crypto market heats up in 2025, investors are increasingly weighing the pros and cons of established giants versus fast-rising newcomers. Two tokens that stand out in this discussion are XRP and Pi Coin—each with its own appeal, but very different fundamentals.
XRP, a veteran in the crypto space, continues to attract institutional attention, especially as optimism grows around a possible ETF approval. Its current price sits at $3.25, with a massive market cap of nearly $193 billion. Meanwhile, Pi Coin, priced at $0.4483 with a market cap just over $3.47 billion, is gaining traction thanks to its mobile-first mining approach and growing retail interest. So which one is the smarter play right now? XRP: Backed by Real Utility and Legal Clarity Originally launched by Ripple Labs, XRP has carved out a role in cross-border payments and banking infrastructure. The token has seen steady use in transactions among financial institutions, and its core value lies in speed, low fees, and a clear regulatory path. After years of legal battles, Ripple achieved a partial victory against the SEC, boosting investor confidence. Now, with rising speculation that XRP could be among the next tokens to get an ETF, interest has surged. The past 24 hours alone saw a 2.2% gain, and its trading volume remains strong—over $6.6 billion in the last day. Pi Coin: Viral Growth, But Uncertain Fundamentals Pi Coin offers a completely different narrative. Launched as a mobile-mined currency, Pi attracted millions of users by allowing them to earn tokens from their phones without costly hardware. This grassroots approach helped Pi Coin build a massive community quickly. However, questions remain. While Pi has impressive engagement and strong short-term momentum (up nearly 1% in 24 hours), it still lacks clarity around token utility, full decentralization, and listing support from major exchanges. XRP vs. Pi Coin: Stability vs. Speculation XRP is a strong candidate for those looking for reliability and proven use cases. With regulatory headwinds mostly behind it and possible ETF exposure ahead, it’s positioned as a long-term hold with real institutional interest. Pi Coin, by contrast, remains more of a speculative bet. Its price is low, its community is large, but its ecosystem still feels under construction. It could deliver impressive returns if it matures—but it carries significantly more risk. In short: XRP is the safer, more established option. Pi Coin offers higher risk, but potentially higher short-term reward for those willing to bet on its development. #pi
Pi Coin News: Direct Fiat Access Launches in 70+ Countries With TransFi
Pi Network has partnered with payment provider TransFi to allow users to buy $PI directly using local currencies—eliminating the need for complex crypto conversions. The integration, announced on July 31, supports over 40 fiat currencies and 250+ payment methods, including credit cards and regional e-wallets, across more than 70 countries. Before going live, TransFi passed key compliance checks, including KYB verification and international certifications like ISO 27001 and AICPA SOC, ensuring secure and regulated access to Pi’s decentralized ecosystem. This upgrade is particularly significant for users in developing regions, where access to crypto has often been limited by infrastructure and financial barriers. With TransFi, new users can now enter the Pi economy through familiar payment methods, without needing to rely on stablecoins or multiple exchanges. The update also aligns with Pi Network’s broader mission to make digital assets more inclusive and user-friendly. With over 7.75 billion PI in circulation and growing institutional interest, the project continues to push toward becoming a mainstream blockchain platform. Currently trading at $0.41 with $91 million in daily volume, $PI holds a fully diluted valuation of $41.8 billion—solidifying its place among the top 40 cryptocurrencies. #pi #PiCoreTeam
Bitcoin Price Holds Above $118K as Japan and U.S. Central Banks Pause Rate Hikes
Bitcoin continues to trade above $118,600, maintaining its strength despite cautious moves from central banks in both Japan and the U.S. The leading cryptocurrency held steady as the Bank of Japan (BOJ) voted unanimously to keep interest rates at 0.5%, revising its 2025 inflation forecast upward to 2.7%. The move comes just a day after the U.S. Federal Reserve also decided to hold rates steady, with Chair Jerome Powell warning that tariff-driven inflation linked to President Trump’s trade measures is still in its early stages. While the BOJ didn’t adjust rates this time, analysts say its tone was notably hawkish. The central bank now expects inflation to ease to 1.8% in 2026 and tick up to 2% in 2027—both slightly higher than its earlier projections. This shift in outlook is leading many to believe a rate hike could arrive as early as October. Mizuho Securities’ Shoki Omori anticipated today’s inflation revision and said the BOJ’s strategy reflects a wait-and-see stance, while Invesco’s David Chao argued the forecast boost increases the likelihood of a near-term hike. SMBC’s Hirofumi Suzuki went further, suggesting a hike is already justified given the upward shift in inflation. One development that may reduce headwinds is the recent easing of trade tensions between Japan and the United States. Khoon Goh of ANZ noted that the trade deal removes a layer of uncertainty, potentially giving the BOJ more flexibility to tighten policy. Meanwhile, some strategists—including Masato Koike of Sompo Institute Plus—who had previously seen 0.5% as the terminal rate, are now open to a potential policy shift later this year. Despite the hawkish signals from Tokyo, Bitcoin’s resilience above $118,000 signals robust market confidence. The crypto asset appears to be unfazed by central bank caution, possibly benefiting from investor skepticism toward fiat stability amid rising inflation projections worldwide. As both the BOJ and Fed brace for potential inflation shocks tied to shifting global trade dynamics, traders continue to monitor how these macroeconomic currents may steer Bitcoin’s next big move. #BTC
Ethereum Sees Record Accumulation as Institutional Confidence Rises
Ethereum continues to gain traction among institutional investors, with The Ether Machine making a bold move by acquiring 15,000 ETH—worth roughly $57 million—as part of its aggressive accumulation strategy. This latest purchase boosts the firm’s total holdings to over 334,000 ETH, placing it ahead of the Ethereum Foundation and solidifying its position as the third-largest institutional holder. Co-founder Andrew Keys said the purchase reflects a long-term belief in Ethereum as the foundation of a new digital economy. The move also coincides with the company’s anticipated public listing under the ticker ETHM, expected later this year. The buying spree isn’t limited to established players. On-chain analysts have flagged several new wallets accumulating ETH in bulk. One wallet reportedly received over 39,000 ETH from Galaxy Digital, raising speculation about a potential new institutional buyer. Additionally, three other wallets amassed nearly 74,000 ETH within hours, while recent data shows over $2.7 billion in ETH has been scooped up by just 11 new wallets since early July. The surge in large-scale ETH purchases suggests a growing institutional belief in Ethereum’s long-term utility and value—well beyond its current price performance. #ETH
With XRP now trading near $3.16—just below its all-time high of $3.84—market excitement is reaching a fever pitch following reports that the long-awaited XRP ETF could soon receive regulatory approval. Analysts at Gemini believe that if the green light is granted, XRP could quickly shatter its historical ceiling and enter price discovery territory The potential for an XRP exchange-traded fund has become one of the most discussed topics across financial circles in recent weeks. According to Gemini’s latest outlook, the approval of such a product could act as a major catalyst—not only legitimizing XRP further in the eyes of institutional investors, but also unlocking billions in fresh capital inflows. Gemini analysts argue that XRP’s unique legal clarity and its growing usage in cross-border settlements put it in a rare position. “Unlike most digital assets, XRP has already cleared major regulatory hurdles,” they noted. “An ETF approval will validate this advantage and spark a renewed cycle of demand.” ETF Momentum Driving Price Speculation Historically, the listing of ETFs has triggered powerful market rallies for underlying assets. With XRP already trading within 20% of its all-time high, the psychological barrier of $3.84 may not hold for long. Gemini predicts a rapid breakout toward $4.70 in the short term, followed by a potential run toward $5.60 if bullish sentiment persists and broader market conditions remain favorable. They also pointed to on-chain data, which shows rising wallet activity and increasing whale accumulation—signs that major players are positioning early in anticipation of an ETF-driven price spike. Final Thoughts While ETF approval is never guaranteed, the combination of legal clarity, market enthusiasm, and strategic backing puts XRP in a strong position. If Gemini’s forecast plays out, XRP could be on the cusp of setting a new all-time high, rewriting its market narrative in the process.
When Will the XRP ETF Finally Get the Green Light?
The long wait for an XRP exchange-traded fund (ETF) might be nearing an end. According to Bloomberg’s Eric Balchunas, the U.S. Securities and Exchange Commission (SEC) could give the green light to several altcoin ETFs, including XRP, as early as September or October.
This optimism follows a recent SEC filing introducing a streamlined listing framework for crypto exchange-traded products. Under the new standard, digital assets with at least six months of active futures trading—on platforms like Coinbase’s derivatives exchange—are eligible for ETF consideration. Balchunas pointed out that this change benefits cryptocurrencies like XRP, Solana, and Dogecoin, all of which meet that criterion. The updated listing rules come after the SEC approved in-kind creation and redemption mechanisms for crypto ETPs, which allow ETF shares to be backed and redeemed using the underlying assets instead of cash. This shift aligns crypto ETFs more closely with traditional commodity-backed funds like those tied to gold.
According to legal experts such as Bill Morgan, these developments significantly streamline the approval path and reduce operational costs, improving the odds of SEC approval. Multiple XRP ETF applications, including those from Bitwise and Franklin Templeton, are currently pending. Though the SEC had delayed its decision on Franklin’s proposal until late 2025, the regulatory tide appears to be turning. Balchunas estimates the approval probability at 85%, a sentiment echoed by prediction markets like Polymarket, where the odds remain around 86%. Legal uncertainties still linger. The ongoing Ripple vs. SEC case has slowed the process, but some speculate that both parties could drop their appeals before the August 15 court update—potentially removing a major obstacle. If this timeline holds, the XRP ETF could receive final approval in October, adding momentum to the broader wave of altcoin-based ETFs expected to follow.