According to SoSoValue data from Odaily Planet Daily, with tariff negotiations looming and macro market uncertainties increasing, crypto market sentiment has been depressed, with all sectors suffering losses, ranging from 2% to 6%. Only the SocialFi sector bucked the trend, rising 1.65%. Within the sector, Toncoin (TON) saw three consecutive days of gains, with a 24-hour increase of 2.39%. Furthermore, Bitcoin (BTC) fell 2.07%, falling below $116,000, and Ethereum (ETH) dropped 3.20%, falling to $3,700. In other sectors, the CeFi sector fell 0.60% in the past 24 hours. Within the sector, MX was relatively strong, rising 1.86%; the Layer 1 sector fell 2.50%, Solana (SOL) and Cardano (ADA) fell 4.59% and 4.74% respectively; the PayFi sector fell 3.51%, and Safe (SAFE) fell 7.03%; the DeFi sector fell 5.17%, and Saros (SAROS) rose 3.94% during the session; the Meme sector fell 5.19%, but MemeCore (M) rose sharply by 17.75%; the Layer 2 sector fell 5.57%. At the same time, the crypto sector index, which reflects the historical market trends of the sector, showed that ssiSocialFi rose 2.26% in 24 hours, while ssiCeFi and ssiLayer 1 indices fell 0.58% and 2.88% respectively.

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.

According to official news from Odaily Planet Daily, on the occasion of Ethereum's 10th anniversary, OKX CEO Star published a blog post titled "Ethereum's 10th Anniversary: My Personal Tribute," paying tribute to Ethereum and the revolution it has brought. He stated that since its founding in 2013, OKX Group has been fortunate to grow alongside the Ethereum community over the past 12 years, witnessing and participating in this vision-driven and technology-driven blockchain revolution. Going forward, OKX will continue to be committed to building and providing world-class products, serving over 100 million users worldwide. In a blog post, Star recounted his initial encounter with Vitalik, admitting that he underestimated Ethereum's vision and expressing his deep appreciation for its ability to reshape finance and trust. He emphasized that OKX has always upheld the spirit of openness and transparency championed by Ethereum, continuously empowering the ecosystem through the launch of ZK Proof of Reserves, support for EIP-7702, and the construction of X Layer, Ethereum's Layer 2 network. Star stated that Ethereum has become the infrastructure of the new internet, and over the next decade, OKX will remain committed to working with developers to build a truly decentralized and global on-chain future. OKX also reportedly launched a 50% discount on ETH purchases to celebrate Ethereum's tenth anniversary.

According to official news from Odaily Planet Daily, BTTC has launched a next-generation Layer 2 scaling solution. Through technological innovation, it significantly improves blockchain network performance and user experience while ensuring decentralization. This solution is fully compatible with the Ethereum ecosystem, supports seamless migration of existing applications, and provides users with a high-throughput, ultra-low-fee trading environment. Its core advantages include high-speed, low-cost transactions, free interoperability of Ethereum, TRON, and BSC assets, and a developer-friendly system based on PoS consensus and multi-node verification, enabling developers to efficiently build cross-chain applications.

According to SoSoValue data from Odaily, the crypto market continued its slight correction on July 30th, but the SocialFi sector bucked the trend with a 4.39% 24-hour gain, with Toncoin (TON) rising 5.30%. Furthermore, Ethereum (ETH) and Bitcoin (BTC) remained relatively resilient, rising 0.87% and 0.09%, respectively. ETH approached the $3,800 mark, while BTC remained in a narrow range around $117,000. In terms of other sectors, the PayFi sector rose 0.35% in 24 hours. Within the sector, (XLM) and Nano (XNO) rose 0.76% and 2.09% respectively; the Layer 1 sector fell 0.45%, but TRON (TRX) rose 4.58%; the DeFi sector fell 0.47%, and Four (FORM) rose 11.35% during the session; the Meme sector fell 0.90%, Bonk (BONK) fell 8.49%, but Pump.fun (PUMP) rose against the trend by 15.29%; the Layer 2 sector fell 1%. In addition, the NFT sector fell 1.23%, Pudgy Penguins (PENGU) fell 3.57%; but Zora (ZORA) was relatively strong, rising 17.71%; the CeFi sector fell 1.63%. The crypto sector index, which reflects the historical market trends of the sector, shows that the ssiSocialFi, ssiPayFi, and ssiLayer 1 indices rose by 4.78%, 0.35%, and 0.25% respectively in the 24 hours.

Odaily Planet Daily News: Ethereum Layer 2 network Linea announced several plans before the official launch of its LINEA token, including introducing native returns for bridged Ethereum, launching an Ethereum destruction mechanism at the protocol level, and designing a deflationary token centered on Ethereum. The Linea team stated that approximately 20% of all Linea net transaction fees paid in ETH will also be destroyed to reduce the ETH supply and support the accumulation of value on the first layer of Ethereum - Linea will become the first Layer 2 network to commit to destroy ETH at the protocol level. The remaining 80% of net transaction fees will be used to destroy LINEA tokens to reduce the fixed supply and make the token deflationary with network activity. In addition, 85% of the token supply will be allocated to the ecosystem, of which 10% is reserved for early users and 75% is gradually distributed through the ecosystem fund. The remaining 15% of LINEA tokens will be locked for five years and owned by the Consensys treasury. (The Block)

According to SoSoValue data, the crypto market, after a brief rebound, has experienced another broad correction, with declines ranging from 2% to 6%. The AI sector led the decline, with a 24-hour drop of 6.75%. Within the sector, Virtuals Protocol (VIRTUAL) fell 15.01%, Worldcoin (WLD) dropped 7.99%, and AI 16 Z (AI 16 Z) dropped 9.89%, respectively. Furthermore, Ethereum (ETH) fell 2.17%, falling below $3,800. Bitcoin (BTC) dropped 0.99%, retreating to $117,000. In other sectors, the CeFi sector fell 1.87% in 24 hours, of which Binance Coin (BNB) fell 2.52%; the Layer 1 sector fell 3.20%, and within the sector, Cardano (ADA) and Sui (SUI) fell 5.30% and 8.88% respectively; the PayFi sector fell 3.88%, Stellar (XLM) and Telcoin (TEL) fell 6.57% and 8.74% respectively; the DeFi sector fell 5.20%, PancakeSwap (CAKE) and Jupiter (JUP) fell 10.34% and 12.06% respectively; the Layer 2 sector fell 5.41%, Celestia (TIA) and Stacks (STX) fell 8.85% and 9.45% respectively. In addition, the RWA sector fell 5.80%, but Keeta (KTA) rose 8.45% against the trend; the Meme sector fell 5.98%, Pump.fun (PUMP) and Mog Coin (MOG) fell 12.13% and 13.09% respectively, and Fartcoin (FARTCOIN) fell 16.87%. The crypto sector index, which reflects the historical market trends of the sector, shows that the ssiAI, ssiGameFi, and ssiDePIN indices fell 7.22%, 6.15%, and 5.89% respectively in the past 24 hours.

According to SoSoValue data, all sectors of the crypto market have generally rebounded after a slight correction. The CeFi sector rose 4.33% in 24 hours. Within the sector, Binance Coin (BNB) rose 5.63%, breaking through $847 during the session, setting a record high. At the same time, OKB and Bitget token (BGB) rose 2.01% and 3.05% respectively. In addition, Ethereum (ETH) rose 2.13%, once approaching $3,900, setting a new high for the year. Bitcoin (BTC) rose 0.76% and is now reported at $119,000. It is worth noting that MAG 7.ssi rose 2.70%, MEME.ssi rose 1.83%, and DEFI.ssi rose 2.91%. Other sectors with outstanding performance include: Layer 1 sector rose 2.29%, Avalanche (AVAX) and Sui (SUI) rose 3.20% and 4.05% respectively; Layer 2 sector rose 2.06%, Mantle (MNT), Stacks (STX), Celestia (TIA) rose 3.18%, 4.19%, 4.42% respectively; DeFi sector rose 1.32%, Ethena (ENA), Jupiter (JUP), PancakeSwap (CAKE) rose 3.81%, 7.63%, 11.66% respectively. In other sectors, the RWA sector rose 1.25% in 24 hours, and within the sector, Keeta (KTA) rose 18.98%; the PayFi sector rose 1.13%, and within the sector, Bitcoin Cash (BCH) rose 4.45%; the Meme sector rose 0.03%, and Vine Coin (VINE) rose 101.95% in 24 hours due to factors such as Musk's hint that the Vine Coin application will soon return. The crypto sector index, which reflects the historical trends of the sector, shows that the ssiCeFi, ssiLayer 1, and ssiLayer 2 indices rose by 4.54%, 2.34%, and 2.22% respectively in the 24 hours.

Odaily News Crypto asset trading platform CoinW has launched Eclipse (ES) at 18:00 (UTC+8) on July 16, 2025, and now offers ES/USDT trading pairs. CoinW has also launched the "ES Bounty Program" with a total prize pool of $13,000. New users who trade 20 USDT or more can get 3 USDT equivalent ES airdrops, and those who top up 100 USDT or more can get an additional 3 USDT reward. The event also includes trading dividends, invitation rewards, and grid trading bonuses. Eclipse is a high-performance Ethereum Layer 2 network built on the Solana Virtual Machine (SVM), combining the security of Ethereum with the speed of Solana, and supported by modular technologies such as Celestia and RISC Zero. Since its launch in 2024, it has processed more than 22 billion transactions and completed $65 million in financing, with an ecosystem covering more than 60 projects including DeFi, games, and payments.

Odaily News Coinbase released Base App, replacing the original Coinbase Wallet, integrating social networks, mini-apps, instant USDC payments and trading functions, relying on the Ethereum Layer 2 network Base ecosystem. The app launched a waiting list user test on July 16, supporting Farcaster protocol social feeds, Zora content tagging and rewards, real-time transaction viewing and on-chain token exchange. Base App has built-in multiple mini-apps and encrypted messages, and launched the smart wallet Base Account and the new checkout service Base Pay. Coinbase plans to gradually promote it publicly in the future. (The Block)