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Arbitrum rallied 9% on Wednesday following Robinhood’s announcement of US stock trading on the Layer-2 network. The move expands Arbitrum’s use case beyond DeFi while Trump’s ceasefire news further boosted crypto market sentiment.
Dogecoin declined toward $0.16 amid capital rotation to smaller meme tokens, with derivatives data showing $60M in short positions creating resistance at $0.18.
Solana memecoin USELESS exploded 2,000% following crypto influencer Bonk Guy’s viral prediction, rising from $10M to over $200M market cap in less than a month.
Solana’s 16% rally approaches $160 amid speculation that the SEC may approve the first-ever Solana Staking ETF, potentially driving institutional adoption and supply squeeze.
XRP price remains around $2.20 despite the major launch of XRPL’s Ethereum-compatible sidechain on mainnet. Trading volume surged to $2.4 billion as the network gains full smart contract capabilities for the first time.
Bitcoin Cash bucked the market downtrend with a 2% rally to $500, becoming the week’s top performer among top 20 altcoins. However, technical analysis reveals warning signs of potential trend reversal.
Solana gained 3.2% to cross $144 following Sol Strategies’ latest ecosystem investment announcement. Despite the rally, technical analysis reveals bearish signals with a Death Cross at $160 limiting upside potential.
Coinbase will introduce perpetual-style crypto futures trading in the US on July 21, marking the first major exchange to offer such derivatives under full CFTC oversight with initial support for nano Bitcoin and Ether contracts.
Ripple (XRP) tumbled 5% on Thursday after a US District Judge denied a joint request to modify terms of the ongoing SEC legal settlement, citing concerns about continued securities law violations.
Dogecoin surged 16% this week to $0.16 following Trump’s ceasefire announcement and Fed Chair Powell’s positive crypto remarks. DOGE now trails Tron by just $1 billion in market cap rankings.