- Market Overview: On July 28, BTC fluctuated within the 117,000–120,000 USDT range. ETH is in a short-term upward consolidation channel, with its price approaching the resistance zone near 3,900 USDT.
- Trending Tokens: VINE surged after Elon Musk announced the reboot of a "Vine AI" project, sparking massive market interest. Whale accumulation further fueled a short-term price doubling. ZORA gained momentum from its integration with the Base App, boosting market enthusiasm. Social buzz and engagement rose significantly, driving a stepwise price increase. NAVX benefited from the booming SUI ecosystem and attractive yield strategies, attracting steady capital inflows and breaking out of its consolidation range for a steady upward move.
- Alpha Insights: Over the past 7 days, Ethereum-based NFT sales totaled nearly $160 million, with CryptoPunks leading the charts. The decentralized prover network Succinct launched the Succinct Foundation, potentially in preparation for a token TGE. The lending platform Divine Research leverages World ID to verify borrowers and issue uncollateralized crypto loans.
Explore Today's Highlights → Gate Research: Ethereum NFT 7-Day Sales Near $160M | Lending Platforms Leverage World ID to Offer Uncollateralized Crypto Loans
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Investing in the cryptocurrency market involves a high level of risk. Users are strongly advised to conduct independent research and fully understand the nature and risks of the assets and products they intend to purchase before making any investment decisions. Gate assumes no liability for any losses or damages arising from such decisions.
Gate Team
July 28, 2025
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