
Web3 Weekly: Top Developments & Market Trends
The cryptocurrency and blockchain sector continues to experience remarkable momentum. This week’s Web3 Weekly: Top Developments & Market Trends takes a deep dive into Bitcoin’s surge, Ethereum’s bullish run, significant regulatory shifts for XRP, the rapid rise of NFTs, and the booming institutional interest reshaping the industry. With both investor enthusiasm and mainstream adoption accelerating, the current landscape suggests that Web3 is entering one of its most influential phases yet.
Bitcoin Nears All-Time High
Bitcoin (BTC) delivered a standout performance this week, pushing past $122,000 and closing in on its all-time high of $123,091 set in July. The market’s positive sentiment is evident, with investor confidence buoyed by macroeconomic stability, increasing institutional inflows, and growing recognition of Bitcoin as a long-term store of value.
Analysts suggest that if the momentum continues, a new record high could be achieved in the coming days. The asset’s resilience in the face of market corrections has reinforced its role as the flagship cryptocurrency. Furthermore, the sustained rally points to Bitcoin’s increasing integration into traditional financial portfolios, particularly as inflationary pressures linger globally.
Web3 Weekly: Ethereum Climbs to Multi-Year Peak
Ethereum (ETH) has also enjoyed an impressive surge, climbing above $4,300—its highest level in years. This rally has been driven largely by strong inflows into Ethereum-based exchange-traded funds (ETFs) and the positive sentiment generated by institutional participation.
With the platform continuing to dominate decentralised finance (DeFi) and smart contract applications, Ethereum’s recent performance underscores its dual appeal: a leading blockchain for decentralised applications (dApps) and a robust investment vehicle. The GENIUS Act’s stablecoin provisions have further bolstered Ethereum’s position, encouraging wider adoption among institutions seeking a reliable, regulated blockchain infrastructure.
XRP Rallies on Regulatory Breakthrough
One of the most significant developments this week was the resolution of the SEC’s lawsuit against Ripple. The U.S. Securities and Exchange Commission officially dropped its long-standing legal action, confirming a $125 million fine and removing a major regulatory cloud over XRP.
In response, XRP surged over 11%, breaking through critical resistance at $3.25. This breakthrough has reinvigorated investor interest, as the end of legal uncertainty opens the door for expanded use cases, including cross-border payments and central bank digital currency (CBDC) initiatives. The decision also represents a broader trend toward clearer regulatory frameworks for digital assets—something the market has been eagerly awaiting.
Web3 Weekly: NFT Market Surpasses DeFi in Daily Activity
July 2025 marked a milestone for the non-fungible token (NFT) sector. For the first time, daily active wallets in NFT platforms outpaced those in DeFi—3.85 million versus 3.84 million. This shift highlights the evolving nature of Web3 adoption, with digital collectibles and tokenised assets now driving more engagement than decentralised finance protocols.
Sales volumes have remained strong, with blue-chip NFT collections such as CryptoPunks, Bored Ape Yacht Club, and Pudgy Penguins leading the resurgence. Multi-million-dollar sales and renewed interest from artists, brands, and collectors have fuelled growth. Experts suggest that NFTs are moving beyond speculative trading, finding lasting roles in gaming, entertainment, and intellectual property management.
Institutional Confidence Strengthens
Institutional engagement has surged over recent months, and this week further confirmed the trend. Notably, Ethereum’s monthly performance has far outpaced Bitcoin, with gains of around 54% compared to Bitcoin’s 10%. This outperformance has been linked to a combination of ETF inflows from giants such as BlackRock, Fidelity, and Grayscale and policy developments like the GENIUS Act.
These factors have instilled greater trust among institutional investors, who now see blockchain as an essential component of diversified asset strategies. The scale of these inflows—totalling billions—suggests that institutional adoption is no longer experimental but a firmly embedded market reality.
Web3 Weekly: Strategic U.S. Crypto Reserve Expands
In a move that could have long-term implications for global crypto policy, the Strategic U.S. Crypto Reserve continues to expand. Established through a March executive order by President Trump, the reserve has amassed fingerprinted holdings exceeding 200,000 BTC.
This development is being closely watched by global policymakers, as it signals a willingness from the U.S. government to treat Bitcoin and other digital assets as strategic resources. The initiative also aims to secure the country’s position in an increasingly digitised global economy, potentially influencing how other nations approach crypto reserves.
Crypto IPO Boom Signals “Crypto Summer”
Public markets are also embracing the blockchain sector, with a wave of initial public offerings (IPOs) signalling what analysts are calling a “Crypto Summer.” High-profile companies such as Bullish, Galaxy, and eToro have recently gone public, further bridging the gap between decentralised innovation and traditional finance.
These IPOs are seen as more than just fundraising events—they represent a broader institutional and retail acceptance of blockchain businesses as viable, profitable ventures. For investors, this opens up new avenues to gain exposure to the sector without directly holding cryptocurrencies.
Web3 Weekly: NFT Sales Continue to Drive Growth
While the NFT sector’s user base has overtaken DeFi, its economic influence is equally noteworthy. July’s resurgence has brought a wave of record-breaking sales, celebrity endorsements, and brand collaborations. This renewed activity suggests that NFTs are entering a more mature phase, characterised by higher-quality projects, robust communities, and enhanced utility.
From gaming assets to metaverse real estate, NFTs are reshaping how value is created and transferred online. The diversification of use cases—beyond mere digital art—indicates a strong foundation for sustainable growth.
Market Outlook
Looking ahead, the Web3 sector appears poised for continued expansion. Bitcoin’s proximity to its all-time high creates the potential for a breakout rally, while Ethereum’s institutional appeal is at an all-time peak. XRP’s regulatory clarity could lead to faster adoption in payment systems worldwide. Meanwhile, NFTs are proving they are more than a passing trend, with market activity and innovation accelerating.
The ongoing convergence of institutional capital, government policy, and consumer adoption is setting the stage for the next phase of blockchain’s global impact. Investors, developers, and policymakers alike will be watching closely to see how these trends evolve.
Web3 Weekly: Final Thoughts
This week’s Web3 Weekly: Top Developments & Market Trends underscores the rapid evolution of the crypto and blockchain ecosystem. With price surges in major assets, groundbreaking regulatory developments, record NFT engagement, and rising institutional confidence, the industry’s trajectory appears more robust than ever.
Whether you are an investor seeking the next opportunity, a developer building the future of decentralised systems, or simply a curious observer, the Web3 revolution is unfolding at a pace few could have predicted.