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SoSo Daily Jul 3 | SoDEX Testnet Officially Goes Live — Whitelisted Users Can Now Trade to Earn $SOSO Rewards

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SoSo Newsletter
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Jul 3, 2025

Crypto Market Update

Let's turn our attention to today's overall Crypto market situation.
As of 6:14 AM Hong Kong time on July 3, 2025, according to sosovalue, the total market cap of the crypto market stands at 3.47 trillion US dollars, witnessing a slight decrease of 0.0258% compared to yesterday; the total trading volume is 120.28 billion US dollars, marking a significant increase of 41.1% from the previous day.



Cryptocurrency Market Update - July 3, 2025

According to sosovalue, the price of $BTC is 109,280 USD, an increase of 2.36% from yesterday. The market cap of $BTC is 2.17 trillion USD, accounting for 62.7% of the total market cap; $BTC's 24-hour trading volume is 36.68 billion USD, making up 30.5% of the total trading volume.
The price of $ETH is 2,591.5 USD, up 6% from yesterday; the market cap of $ETH is 312.84 billion USD, representing 9.03% of the total market cap; $ETH's 24-hour trading volume is 24.25 billion USD, comprising 20.2% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 71.73% of the total cryptocurrency market cap, and their combined trading volumes constitute 50.7% of the total trading volume.



After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 06:10 on July 3, 2025, according to sosovalue, the top five gainers are:
Top 1 gainer is Altair (AIR). As of 06:10 today, its market cap is 4.73M USD, with a coin price of 0.011990 USD, witnessing a 24-hour increase of 113%.
The second is MOO DENG (MOODENG). As of 06:10 today, its coin price is 0.21582 USD, with a 24-hour increase of 55.1%.
The third is SkyAI (SKYAI). As of 06:10 today, its coin price is 0.051680 USD, showing a 24-hour increase of 44.6%.
In fourth place is swarms (SWARMS). As of 06:10 today, its coin price is 0.029000 USD, with a 24-hour rise of 39%.
In fifth place is Wombat Exchange (WOM). As of 06:10 today, its coin price is 0.021710 USD, increasing by 35.2% over the last 24 hours.


Moving on, let's take a look at the sector performance in crypto market.
Acccording to sosovalue, out of 16 sectors, all 16 are up and 0 are down. Notably, Meme, AI, and GameFi sectors are worth mentioning.
Meme sector has risen 8.15% relative to the UTC 0 time, led by gains in moodeng (45.5%), KAMA (30.7%), and NEIRO (30.4%).
AI sector has increased 7.59% relative to UTC 0, with SKYAI (46%), swarms (39.4%), and SEKOIA (24.1%) leading the rise.
GameFi sector has risen 7.38%, with hook (22.5%), CEC (14.6%), and myria (12.8%) leading the rise.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:The OpenAI Newsroom issued a statement saying that the so-called "OpenAI token" is not company equity. OpenAI has not partnered with Robinhood, nor has it participated in related projects, and has not endorsed any of them. The company emphasized that any transfer of OpenAI equity must be officially approved, and no such transactions have been approved at this time. It also reminded the public to be vigilant. Subsequently, Elon Musk replied in a comment, "Your 'equity' is fake." Previously, Robinhood EU announced the launch of the world's first pre-IPO stock token products, covering companies such as OpenAI and SpaceX. [Wu Shuo]
Next news:

Ripple has applied to the Office of the Comptroller of the Currency (OCC) for a national bank charter to bring its stablecoin RLUSD under federal regulation. Meanwhile, Ripple subsidiary Standard Custody & Trust has applied for a Federal Reserve master account, which, if approved, would allow it to directly issue and redeem stablecoins outside of banking hours.


Next news:

According to SoSoValue data, Bitcoin spot ETF saw a total net inflow of 407.78M USD yesterday (Eastern Time, July 2th).


The Bitcoin Spot ETF with the highest net inflow yesterday was Fidelity's ETF FBTC, with a daily net inflow of 183.96M USD, and the total historical net inflow of FBTC currently stands at 11.97B USD.

The second highest was Ark Invest and 21Shares's ETF ARKB, with a daily net inflow of 83.00M USD, and the total historical net inflow of ARKB currently stands at 2.59B USD.


As of the time of publication, the total net asset value of Bitcoin Spot ETFs is 136.68B USD, with an ETF net asset ratio (market capitalization relative to the total Bitcoin market cap) of 6.3%. The historical cumulative net inflow has reached 49.04B USD.



Source: https://sosovalue.com/zh/assets/etf/us-btc-spot


Next news:On July 2nd, Bloomberg analyst James Seyffart posted on X: "The first Solana staking ETF (REX-OSPREY SOLANA ETF) is officially launched. The new ETF had a good start, with a trading volume of approximately $8.000.000 in the first 20 minutes." [深潮 TechFlow]
Next news:Australian crypto billionaire Tim Heath disclosed details while testifying in court about an attempted kidnapping at his Estonian residence last year: he successfully escaped after biting off a perpetrator's finger during the attack. DNA from the severed finger at the scene has been submitted as evidence. The attackers, disguised as painters, used GPS, fake passports, and disposable mobile phones to track Heath's movements for weeks and rented a sauna as a place of confinement. Heath subsequently invested €2.70 million to strengthen security and filed a civil claim for a total of over €3.20 million. (Decrypt)
Next news:According to Bloomberg, cryptocurrency ventures have added at least $620.0 million to Donald Trump's wealth in a matter of months, according to the Bloomberg Billionaires Index. The index assessed for the first time his family's income from projects such as World Liberty Financial ($460.0 million) and Trump-themed meme coins ($150.0 million), accounting for 9% of Trump's asset landscape. [Foresight News]
Next news:According to Arkham monitoring, the Trump wife coin MELANIA team unlocked 25,000,000 MELANIA, worth approximately $5,230,000.00, from the Lockup contract at 10:31 UTC+8 today. Currently, the MELANIA team Treasury address holds 125,000,000 circulating MELANIA tokens, worth approximately $26,070,000.00. [Wu Shuo]
Next news:According to OnchainLens monitoring, a whale deposited 8,768,000 USDC into HyperLiquid and purchased 215,850 HYPE at an average price of $40.13, for a total value of $8,660,000. [ChainCatcher]
Next news:According to CoinDesk, the U.S. Securities and Exchange Commission (SEC) has suspended Grayscale's Digital Large Cap Fund's plan to convert into an exchange-traded fund (ETF) and placed it under further review. The fund was originally scheduled to be listed on the New York Stock Exchange Arca platform, becoming a spot ETF covering multiple assets, including Bitcoin ($BTC), Ethereum ($ETH), Solana (SOL), XRP (XRP), and Cardano (ADA). [ChainCatcher]
Next news:According to Lookonchain monitoring, a wallet possibly associated with Matrixport withdrew 30,734 $ETH, worth approximately $78.00 million, from Binance and OKX in the past 24 hours. [Foresight News]

Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.

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