Web3 Weekly: Top Developments & Market Trends
From surging NFT sales to Ethereum flirting with the $4,000 mark, the Web3 ecosystem is bubbling with momentum. Whether you’re deep into DeFi, eyeing Bitcoin’s next breakout, or riding the NFT wave, this week’s market movements and regulatory developments are shaping the crypto conversation across the globe. Let’s break down the most important updates in this week’s edition of Web3 Weekly: Top Developments & Market Trends—and what they mean for you.
Bitcoin Price Action: A Calm Before the Breakout?
Bitcoin (BTC) is currently trading just shy of $120,000, hovering around $119,464. While it’s not punching through the key resistance just yet, don’t be fooled—this consolidation could be the setup for something big.
After briefly dipping into the $110K–$115K range, BTC has rebounded, with analysts suggesting this is classic accumulation. Strong ETF demand from institutional players is providing the support, keeping the range tight and sentiment bullish.
All eyes are now on a potential breakout towards the next resistance at $123,600. If momentum falters, we could see a pullback to the $111,900 support zone—but so far, buyers seem ready to defend that level.
TL;DR:
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Current range: $110K–$120K
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Institutional ETF demand remains strong
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Breakout or breakdown? The next few days could be decisive
Web3 Weekly: Ethereum Nears $4,000 as ETF Momentum Builds
Ethereum (ETH) is stealing the show this week, surging to around $3,913.76. With $4,000 in its sights, ETH is outpacing both Bitcoin and XRP, buoyed by increasing institutional interest.
The real power play here? ETH’s growing dominance in DeFi and its rising utility across staking and smart contracts. With major firms adopting ETH as a treasury and staking asset—mirroring the early BTC trend—we’re seeing confidence from institutional players skyrocket.
ETF inflows into ETH-based products are building further tailwinds, suggesting this rally may just be getting started.
Quick highlights:
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ETH outperformed BTC and XRP this week
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Corporate treasury and staking adoption rising
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Strong ETF inflows support bullish momentum
XRP Rallies as Sentiment Turns Bullish
After falling to a low of ~$3.15, XRP has bounced back to around $3.29. It’s now testing resistance near $3.23—yes, you read that right, current price levels are catching up to key zones fast.
The bullish case is building. Analysts are eyeing potential targets up to $3.50 in the short term. If Bitcoin pushes higher, some suggest XRP could surge to the $9–$15 range—though that’s highly speculative and would likely depend on broader market euphoria and ETF-driven spikes.
However, without clear legal or regulatory clarity, XRP remains in a high-risk zone. Upcoming court decisions or ETF filings could flip the script—up or down.
Key takeaways:
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Strong rebound from recent lows
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Price testing immediate resistance
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Big upside potential in bull run scenario—if regulation plays nice
Web3 Weekly: NFT Market Sees 41% Surge
Hold onto your JPEGs—the NFT space is back on the upswing. Weekly NFT sales rocketed by approximately 41%, reaching a solid $221.5 million. The headline stealer? CryptoPunks, leading the charge with a jaw-dropping 590% increase in sales volume.
It doesn’t stop there. July witnessed a massive 94% increase in overall NFT market cap, hitting around $6.6 billion. That’s no fluke—trading activity is up, especially in blue-chip collections like CryptoPunks and Pudgy Penguins, which are once again becoming darlings of the digital art world.
While the NFT narrative cooled earlier this year, this rebound suggests renewed appetite from collectors, traders, and speculators alike.
NFT pulse check:
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Weekly sales: $221.5M (↑41%)
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Market cap: ~$6.6B (↑94%)
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CryptoPunks back on top
Regulation, Institutions, and Infrastructure
This week wasn’t just about price movements and JPEGs—there were massive updates on the legal, institutional, and infrastructure front.
U.S. Regulatory Progress: The Genius Act & Crypto Week
In a landmark moment, President Trump signed the Genius Act into law on the 18th of July. This game-changing bill brings long-awaited clarity to the use of stablecoins and reaffirms the government’s commitment to broader crypto adoption.
Additional bills under the umbrella of Crypto Week, including the Clarity Act and Anti-CBDC Act, are set to roll out over the next 18 months. While we’ll need to wait for full implementation, this is a clear signal: the U.S. is taking Web3 seriously.
JPMorgan Eyes Crypto Lending
One of the world’s largest banks is taking the plunge. JPMorgan is exploring crypto-backed lending services, where clients can borrow against BTC and ETH holdings.
While they’re not offering custody services (yet), this marks a significant shift toward merging traditional finance with decentralised assets.
Ethereum’s Corporate Endorsement Grows
ETH isn’t just a developer’s playground—it’s becoming a boardroom asset. Major institutions are now holding ETH in treasury and using it for staking purposes.
This mirrors Bitcoin’s early trajectory as a store of value for companies—and could mark a new chapter in Ethereum’s institutional story.
Security Risks Still Loom
Despite positive momentum, not everything is sunshine and token rainbows. Crypto crime continues to be a major issue, with over $2.17 billion stolen in 2025 so far. That’s a 17% increase from 2022.
Worryingly, hackers are increasingly targeting platform users directly, rather than exploiting code vulnerabilities.
Bottom line: security remains a crucial area for user education and infrastructure improvement.
Web3 Infrastructure Matures
Innovation is thriving under the hood. Platforms like The Graph are improving how blockchains communicate, index, and integrate.
With advancements like:
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Cross-chain bridges
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Token API beta
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GRC‑20 token standard
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CCIP integration
These updates are helping DeFi, NFTs, and decentralised apps (dApps) operate smoother, faster, and more securely. It’s less visible—but absolutely vital.
Web3 Weekly Final Thoughts: A Market in Motion
From regulatory clarity to explosive NFT growth and Ethereum’s quiet dominance, this week’s Web3 developments reflect a maturing ecosystem that’s no longer just speculative—it’s strategic.
Whether you’re trading tokens, building dApps, or watching from the sidelines, one thing’s clear: Web3 isn’t slowing down. Institutional interest is rising. Infrastructure is evolving. And the markets are full of potential—if you know where to look.
Stay sharp, stay decentralised, and check back next week for another deep dive into the latest Web3 waves.
