Binance Facilitates AltLayer’s 400M $ALT Token Swap to Ethereum Chain to Boost Liquidity
AltLayer, a decentralized rollup protocol known for its focus on speed and interoperability, has successfully completed a cross-chain transfer of 400 million $ALT tokens from BNB Chain (BEP20) to Ethereum (ERC20). This strategic move was executed at Binance's request to address critically low ERC20 liquidity on the exchange, which had been strained due to surging trading demand. The token swap was carefully designed to maintain the total supply integrity of $ALT without increasing the circulating token count, ensuring market stability. This development highlights Binance's proactive approach to managing liquidity challenges and supporting the seamless operation of high-demand digital assets. The transfer underscores the growing importance of cross-chain interoperability in the cryptocurrency ecosystem, as projects like AltLayer continue to bridge gaps between blockchain networks to enhance user experience and market efficiency. As of July 2025, this move is expected to bolster confidence in $ALT's market presence and reinforce Binance's reputation as a liquidity hub for innovative crypto projects.
AltLayer Completes 400M $ALT Token Swap from BNB to Ethereum Chain to Stabilize Binance Liquidity
AltLayer, a decentralized rollup protocol focused on speed and interoperability, has executed a cross-chain transfer of 400 million $ALT tokens from BNB Chain (BEP20) to ethereum (ERC20) at Binance's request. The move addresses critically low ERC20 liquidity on the exchange following surging trading demand.
The token swap maintains total supply integrity without increasing circulating tokens. Binance initiated the request after observing severe ERC20 $ALT liquidity depletion—a testament to growing institutional demand for Ethereum-based assets. AltLayer's swift execution highlights the protocol's role in maintaining ecosystem equilibrium during volatile market conditions.
Hyperliquid Hits $1.57T as Stablecoins, RWAs Surge in Q2 2025
CoinMarketCap’s Q2 2025 report highlights a seismic shift in crypto market dynamics, with investors pivoting from speculative assets to foundational infrastructure. Stablecoins and real-world assets (RWAs) are now driving growth, while meme coins and AI tokens fade into the background.
Stablecoins collectively reached a $247.9 billion market cap, led by USD1's meteoric rise from $57 million to $2.2 billion following its Binance listing and a $2 billion MGX investment. USDT consolidated its dominance with a $14.1 billion expansion, while USDC gained $1.3 billion amid renewed interest after Circle's IPO. PYUSD maintained steady growth at 28.5% quarter-over-quarter.
The RWA sector shows remarkable concentration, with 88% of tokenized assets split between private credit (58%) and U.S. Treasury debt (30%). Figure's activity on Provenance blockchain dominates the $10 billion private credit segment, while tokenized Treasuries hit $7.38 billion - becoming a cornerstone of on-chain liquidity.
BlockDAG's Vesting Offer Spurs Demand as VeChain and Litecoin Show Strength
VeChain (VET) is emerging from a prolonged slump with a 7.25% rally, signaling potential for further gains. Technical indicators suggest a breakout above $0.0225, with traders eyeing $0.032 as the next target. Binance data shows a long-to-short ratio of 1.92, reflecting bullish sentiment.
Litecoin (LTC) is regaining traction as its $100 price target comes back into focus. Increased transaction volume and positive on-chain metrics are driving Optimism among investors.
BlockDAG (BDAG) is capturing attention with its limited-time BEAT VESTING PASS, offering early buyers access to 80% of tokens at launch. The current price of $0.0016 is fueling strong demand for this five-day offer.
FARTCOIN Whales Drive Market Sentiment as Price Eyes $1.60 Breakout
FARTCOIN's recent 12% surge to $1.36 stems from strategic whale accumulation, with a single investor withdrawing $2 million USDT from Binance to acquire 1.56 million tokens at $1.28. This bullish MOVE coincided with a technical breakout from a descending channel, reinforcing positive market structure.
The memecoin now exhibits a textbook cup-and-handle pattern, with critical resistance at $1.4298 serving as the next test for bulls. Derivatives data shows mounting long pressure, with funding rates turning positive at +0.0097% amid spot market dominance.
Traders should monitor the $1.2675 support level - a breach here WOULD invalidate the bullish setup. The current alignment of whale activity, technical patterns, and derivatives positioning suggests potential for extended gains toward the $1.60 target if momentum sustains.
