The price of Bitcoin rebounded to over $107,000 this week after dropping below $100,000 from late last week to early this week. This increase is attributed to long-term holders purchasing a significant amount of BTC.
At the same time, altcoins are reacting differently; some are losing value, while others show signs of breaking out as news about ETFs, integrations, and changes in the ecosystem appear.
With momentum building and buyers becoming increasingly confident, this week may be a pivotal turning point for the markets.
Take a closer look at the biggest market moves this week, the changes happening, and what they could mean for your crypto strategy.
BONK Faces Bearish Pressure as Volume Fades and Resistance Holds
BONK is slipping, down 36% this month and nearly 60% over the past six months. Analysts warn of bearish MACD and fading volume, with key resistance at $0.0000218 repeatedly rejecting the price. If no breakout above $0.0000145 occurs soon, the BONK price could drop to $0.0000092 or lower. Still, long-term holders remain far in profit from the 2022 lows.
Sol Strategies Backs Jito With New Solana Ecosystem Reserve
Sol Strategies has launched a Strategic Ecosystem Reserve (SER) to support key Solana projects, beginning with the acquisition of 52,181 JTO tokens. Funded by validator revenue, the reserve marks a shift from passive holdings to active investment in the ecosystem. As Solana’s DeFi activity climbs past $8.1B TVL, the move reinforces Sol Strategies’ role in shaping its future.
VeChain Price Eyes Breakout Ahead of Major July Upgrade
VeChain (VET) is gaining attention ahead of its July 1 Stargate upgrade, which introduces NFT-backed staking and full VeThor (VTHO) fee burns. Analysts highlight a bullish double-bottom chart setup, with VET targeting $0.03–$0.05. While DeFi activity remains low, growing utility and supply reductions could spark a breakout if technical momentum holds.
Can Dogecoin Price Really Hit $20? Analysts Say Don’t Count on It
Dogecoin is trading near $0.16, and while one analyst predicts a target of $20 based on past cycles, this would require a market capitalization of $3 trillion, which is larger than the current market capitalization of Bitcoin. Technicals remain bearish, and with ETF delays and rising competition from other meme coins, more realistic targets around $0.66–$1.32 seem far more achievable this cycle.
Ripple and Wormhole Partner to Bring XRPL to 35+ Blockchains
Ripple has partnered with Wormhole to integrate the XRP Ledger with over 35 major blockchains, including Ethereum and Solana. The move unlocks multichain interoperability for over 6 million XRPL users, enabling cross-chain DeFi, stablecoin access, and real-world asset tokenization, all without leaving XRPL. It marks a major leap for XRPL’s developer ecosystem and global reach.
Invesco and Galaxy File for Staked Solana ETF (QSOL)
Invesco and Galaxy Digital have filed with the SEC to launch a spot Solana ETF, ticker “QSOL,” which would directly hold SOL and offer staking rewards. If approved, it would provide U.S. investors with secure, regulated exposure to Solana, offering additional yield potential and joining a growing list of major firms racing to bring crypto ETFs to market.
Cardano Price Faces More Downside as Whale Dumping and Weak Metrics Mount
Cardano (ADA) is under pressure as whale wallets dump billions in tokens, daily active users plummet, and DeFi activity stalls. With technical patterns flashing bearish and on-chain statistics weakening, ADA risks breaking below the $0.52 support level. If momentum continues, analysts warn of a potential drop toward $0.40 amid fading hopes of Bitcoin integration and investor exit.
Nano Labs Commits $500M to BNB in Bold Treasury Move
Nano Labs is set to purchase up to $1 billion worth of Binance Coin (BNB), starting with a $500 million convertible note deal. The firm aims to hold 5–10% of BNB’s circulating supply, positioning itself as one of the largest non-Binance holders. The move reflects growing institutional confidence in BNB as a treasury asset.
Top Altcoins to Watch as Crypto Bull Run Looms
With Bitcoin recovering from a $100K dip and geopolitical fears easing, traders are eyeing a possible crypto bull run. Altcoins like Sei (SEI), Sky Protocol (SKY), and Bitcoin Pepe (BPEP) are drawing attention. Each shows strong momentum: Sei leads in gaming activity, Sky rebounds in DeFi, and BPEP gears up for major listings and bonuses.
Shiba Inu Faces Further Downside as Bears Tighten Grip
Shiba Inu (SHIB) has dropped over 40% this month, trading near year lows as negative funding rates signal heavy bearish sentiment. Open interest, trading volume, and whale holdings have all declined sharply, while technical indicators point to ongoing downward pressure. Unless the Bulls defend key support at $0.0000090, more losses may lie ahead.
