Ethereum News Today: Ethereum Surges 23% on HTX as Institutional Accumulation and Layer 2 Growth Drive Market Rally

HTX reported a surge in its newly listed and featured assets during the week of July 15–21, with Ethereum ($ETH) leading the market rally. The cryptocurrency gained 23% over the period, reinforcing its position as a core asset amid broader bullish trends [1]. The performance was attributed to sustained institutional accumulation, Ethereum 2.0 staking yields, and a flourishing Layer 2 ecosystem. The rally triggered a wealth effect, amplifying demand for digital assets across major exchanges, particularly on HTX, where Ethereum led in both trading volume and open interest [1].

Emerging tokens across categories such as Meme, DeFi, and NFTs also saw significant gains. Ani Grok Companion ($ANI) emerged as the week’s top performer, surging 137% on its AI+Meme narrative and community-driven engagement. Elixir ($ELX), a DeFi project with a $300 million total value locked (TVL), rose 115%, while Decentralized Information Asset ($DIA) gained 115% on increased demand for on-chain data solutions. Pudgy Penguins ($PENGU), an NFT-linked token, rose 111%, reflecting renewed interest in the NFT sector [1].

Layer 1 infrastructure and public chain sectors experienced active rotation, with Conflux ($CFX) leading at 104%, driven by on-chain activity in Asia and ecosystem support programs. Tezos ($XTZ) gained 62% as governance upgrades and institutional adoption advanced its adoption. Litecoin ($LTC) rose 22%, bolstered by its growing integration with traditional finance and inclusion in a U.S.-based crypto stock fund [1].

The market trends underscored HTX’s strategy of curating high-potential tokens, which saw several projects doubling in value within a week. Ethereum’s dominance as a market anchor was highlighted, with its technical indicators showing sustained on-chain activity and whale accumulation [1]. Analysts noted that the rally aligned with macroeconomic tailwinds and regulatory developments in key markets, though caution was advised due to mixed signals from global data and ongoing regulatory uncertainty [1].

HTX’s performance reflected a broader shift in capital from established assets to emerging tokens, with the exchange emphasizing its role in connecting investors to evolving blockchain ecosystems. The platform’s focus on infrastructure, security, and compliance has positioned it as a global gateway to Web3, supporting both institutional and retail participation [1].

Source:

[1] [HTX Hot Listings Weekly Recap (July 15–21): Ethereum Leads the Rally as Market Trends Ignite Wealth Effect] [https://www.globenewswire.com/news-release/2025/07/25/3121691/0/en/HTX-Hot-Listings-Weekly-Recap-July-15-21-Ethereum-Leads-the-Rally-as-Market-Trends-Ignite-Wealth-Effect.html]

[1] [HTX Hot Listings Weekly Recap (July 15–21): Ethereum Leads the Rally as Market Trends Ignite Wealth Effect] [https://coinmarketcap.com/community/articles/68835b0187****3433dceec4/]