According to SoSoValue data, various sectors of the crypto market saw gains. Ethereum (ETH) rose 1.43%, returning above $3,800. The SocialFi sector saw two consecutive days of gains, with a 24-hour increase of 1.11%. Toncoin (TON) also saw a further 2.17% increase. Furthermore, Bitcoin (BTC) rose 0.28% to $118,000. Other sectors with outstanding performance include: DeFi sector rose 0.30% in 24 hours. Within the sector, Curve DAO (CRV) and Ethena (ENA) rose 4.85% and 8.16% respectively; PayFi sector rose 0.04%, Litecoin (LTC) and Bitcoin Cash (BCH) rose 1.40% and 2.74% respectively. In addition, the CeFi sector fell 1.17%, Hyperliquid (HYPE) fell 2.25%; the Meme sector fell 1.17%, Pump.fun (PUMP) was relatively strong, rising 1.81%; the Layer 2 sector fell 1.22%, Zora (ZORA) fell 13.28%; the Layer 1 sector fell 1.27%, TRON (TRX) fell 3.68%; the NFT sector fell 3.35%, Pudgy Penguins (PENGU) fell again 5.30%. The crypto sector index, which reflects the historical market trends of the sector, shows that the ssiSocialFi, ssiDeFi, and ssiRWA indices rose by 1.23%, 0.84%, and 0.35% respectively in the 24 hours.

Odaily Planet Daily reported that BlackRock's official data showed that the Ethereum holdings of its Ethereum exchange-traded fund ETHA have exceeded 3 million, reaching 3,018,770.6834 ETH as of July 29, worth approximately US$11,358,336,010.07.

Odaily Planet Daily News: Ethereum L2 network Linea announced the token economics of its token LINEA on July 29. LINEA is not a gas token. Transactions on Linea use ETH to pay for handling fees. Both ETH and LINEA are double-destroyed through the L2 charging mechanism. The total supply of tokens is 72 billion, of which 85% is allocated to the ecosystem and 15% is allocated to the ConsenSys Treasury, which has a five-year lockup period. There is no reserve for investors or employees. The core purpose of the token is to reward real usage, incentivize builders, and support Ethereum public goods. Approximately 15.8 billion tokens (approximately 22%) will be in circulation at the Time General Evolution (TGE), covering airdrops for early adopters, ecosystem incentives, and liquidity guidance. The specific allocation is as follows: Ecosystem Fund (75%): Managed by the Linea Federation, it includes ENS Labs, Eigen Labs, Status, etc. It operates as a non-profit entity and supports liquidity, developer incentives, R&D and public infrastructure in phases; Early Contributors (10%): 9% will be used for user airdrops and 1% will be used for key ecological projects, both of which will be unlocked at TGE; Consensys Treasury (15%): locked for five years for subsequent ecological deployment and protocol health support. Linea DAO will be responsible for disbursing ecosystem funds and designing incentive mechanisms, with no token-based on-chain governance. Regarding the fee mechanism, 20% of the ETH transaction fees on L2 will be destroyed, and 80% will be used to repurchase and destroy LINEA, establishing a long-term value linkage between ETH and LINEA.

According to Odaily Planet Daily, monitoring by Ember, Pump.fun transferred 12,000 SOL (approximately $2.16 million) to the PUMP buyback address three hours ago, likely for future buybacks. On July 16th, Pump.fun transferred 187,770 SOL (approximately $30.53 million) from its fee wallet for PUMP buybacks. Currently, 129,100 SOL (approximately $21.5 million) has been used to purchase 3.828 billion PUMPs at an average buyback price of $0.0056. The higher average buyback price is attributed to the majority of purchases occurring on July 16th, when the PUMP price was above $0.006. Earlier, there was market news that pump.fun will increase the repurchase ratio of PUMP tokens and use 100% of daily income for repurchase. Furthermore, Dumpster DAO, following this incident, cautioned the community to carefully monitor on-chain data, as pump.fun has only used 100% of its revenue for one day to repurchase tokens. While pump.fun allocated 100% of its revenue for token repurchases in the past few days, not all of it was executed, raising concerns that they are misleading on-chain observers. Furthermore, these tokens have never been destroyed or transferred anywhere, and without any official communication or reliable repurchase system, there is no reason to believe this situation will continue.

Odaily Planet Daily reported that Coinglass data showed that in the past hour, the entire network had a liquidation of US$61.2519 million, of which long positions had a liquidation of US$59.4736 million and short positions had a liquidation of US$1.7782 million.

According to market news from Odaily Planet Daily: users reported that there was a problem with the Hyperliquid order system and positions could not be closed.

Odaily Planet Daily reports that market rumors suggest pump.fun will increase its PUMP token repurchase ratio, using 100% of daily revenue for repurchases. Dumpster DAO, following this, cautions the community to carefully monitor on-chain data, as pump.fun has only used 100% of its revenue for token repurchases on one day. While pump.fun allocated 100% of its revenue for token repurchases a few days ago, not all of it has been executed, raising concerns that they are playing tricks on on-chain observers. Furthermore, these tokens have never been destroyed or transferred anywhere, and without any official communication or reliable repurchase system, there is no reason to believe this situation will persist.

According to official news from Odaily Planet Daily, MGBX will list PLUME (Plume), CRV (Curve DAO), LDO (Lido DAO), CAKE (PancakeSwap), and TREE (Treehouse) on July 29, 2025. Deposit opening time: July 29, 2025 19:00 (SGT) Trading opening time: July 29, 2025, 19:30 (SGT) TREE trading opening time: July 29, 2025, 20:15 (SGT)

According to the latest official data from Odaily Planet Daily, the total locked value (TVL) of JustLendDAO, the leading decentralized financial protocol in the TRON ecosystem, is as high as 7.77 billion US dollars. The current deposit scale is 4.81 billion US dollars. The market value of the TRON ecosystem token $JST is close to 373 million US dollars, and the 24-hour on-chain transaction volume soared 303% to 80.99 million US dollars.

Odaily Planet Daily News: This Wednesday marks the 10th anniversary of Ethereum's launch. For many supporters and developers, the emergence of Ethereum and its changes over the years have reshaped the global blockchain landscape step by step. To celebrate the 10-year history of Ethereum's milestone decentralized technology application, the cryptocurrency exchange Bybit recently launched a limited-time ETH trading competition. This event will last until August 5th, with a total prize pool of up to 100,000 USDT. Participating users can trade ETH in the Bybit spot or derivatives market to compete for rankings: - Low participation threshold: only 100 USDT trading volume is required to qualify for ranking - High chance of winning: The first 20,000 users can receive 1 to 200 USDT airdrop rewards Ethereum was officially launched on July 30, 2015. With its innovative smart contract technology, it has become the core infrastructure for Web 3 applications such as DeFi, NFT and DAO. After ten years of development, Ethereum has become an important component of the blockchain ecosystem second only to Bitcoin.