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Top Movers July 2025
July 2025 saw Bitcoin surge past $122K, while ENA rallied on stablecoin inflows and the GENIUS Act’s regulatory clarity. PENGU soared on ETF speculation while BONK pumped from the success of LetsBonk.fun. Discover the top movers and key market trends with Blockchain.com.
July 2025 saw another Bitcoin all-time high, surpassing $122,000. Most of the market followed this bullish trend, partly attributed to ETF hype, and perhaps more significantly, the passing of the GENIUS Act, providing a regulatory framework for stablecoins in the U.S..
Let’s review July’s biggest market stories and token performances.
🔥 Bitcoin Hits New All-Time High
Bitcoin (BTC) reached a new all-time high, surpassing $122,000. This further reinforces bullish sentiment across the crypto market.
Ethereum (ETH) followed with a +46.9% gain, reaching nearly $4000, driven by institutional adoption, general on-chain activity, and significant ETF investment - with combined Bitcoin and Ethereum ETFs reportedly seeing a record $11 billion in total inflows in July.
🩵 ENA’s Exposure to Stablecoin Summer
Ethena’s ENA token surged +123.6% following massive inflows into its stablecoin USDe, sparking strong market interest.
Adding to this momentum, the recent GENIUS Act signed by President Trump provides a regulatory framework for stablecoins, signaling their continued shift toward mainstream adoption and greater regulatory clarity.
🐧 PENGU Soars on Unique ETF Filing
Continued speculation around a new ETF proposal pushed Pudgy Penguins (PENGU) up a further +124% in July. The ETF is designed to hold 80–95% PENGU tokens and the remainder in Pudgy Penguins NFTs, fueling excitement among investors and collectors.
🚀 LetsBONK.fun, the New Solana Memecoin Launchpad
Launched in April 2025, the no-code launchpad gained significant traction. In fact, the platform’s market share grew from just 13% to over 78% in July, hugely outperforming Pump.fun. As a result, Bonk (BONK) grew by a massive 81.3% in July.
📊 Market Dynamics
Mainstream adoption has helped the entire crypto market, with the sector surpassing $4 trillion in market capitalization.
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Past performance is not a guarantee of future performance
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It’s not too late to be early
Simply verify your ID, add a payment method, and buy crypto.
It’s not too late to be early
Simply verify your ID, add a payment method, and buy crypto.