Crypto Market Cap Surged in July—Binance Report Reveals Bullish Momentum
Crypto bulls got their horns back last month.
Binance's latest market report confirms what traders already felt—July delivered a solid rebound in total crypto market capitalization. No fluff, just facts: digital assets clawed back territory after a brutal first half of 2025.
Key drivers? Institutional inflows (surprise, surprise) and that age-old crypto narrative: 'This time it's different.'
While traditional markets obsessed over Fed rate cuts, crypto did what it does best—ignored macro and mooned anyway. Just don't ask retail investors who sold the bottom.
One cynical note: Wall Street still can't decide if crypto's a 'risk asset' or 'inflation hedge'—so they'll keep flipping the narrative every quarter to justify their positions.
Regulatory Advances Boost Crypto Market
July showed positive signs from expected Federal Reserve rate cuts and new crypto legislation. Binance noted that these developments boosted institutional demand for altcoin futures and increased corporate digital asset holdings.
Specifically, ether (ETH) saw a significant jump in corporate holdings, rising by about 127.7% to over 2.7 million ETH. This surge aligned with a 50% increase in the asset’s price, making it one of the best-performing cryptocurrencies last month.
A key regulatory milestone was the passage of the GENIUS Act, which established a federal framework for stablecoins fully backed by cash or short-term Treasuries and compliant with anti-money laundering rules. This law encouraged major banks like JPMorgan and Citi to expand pilot programs for tokenized deposits and cross-border payments.
Fintech firm Visa also acknowledged the growing importance of stablecoins in payments and plans to increase its support. On-chain stablecoin transfers remained NEAR record levels, consistently exceeding Visa’s transaction volumes since late 2024, underscoring their expanding role in global payments.
Tokenized Stocks Gain Traction
Tokenized stocks saw growing activity in July, reaching a market value of about $370 million. Popular tokenized assets like Tesla shares and the S&P 500 ETF accounted for $53.6 million, while active on-chain addresses surged from 1,600 to 90,000, highlighting rising user participation.
Despite this growth, centralized exchanges still handle the majority of tokenized stock trading, with volumes more than 70 times higher than those on on-chain platforms. Binance suggests that if even a small portion of the global stock market is tokenized, it could create a $1.3 trillion market, paving the way for broader adoption of on-chain assets and decentralized finance.
