Bitcoin News Today: Bitcoin Wanes as Altcoins Surge: SHIB Up 15%, BONK 140%, ADA Near $1

Generated by AI AgentCoin World
Thursday, Jul 24, 2025 2:47 pm ET1min read
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Aime RobotAime Summary

- Q3 2025 sees altcoin dominance as Bitcoin's influence wanes, with SHIB up 15%, BONK surging 140%, and ADA nearing $1.

- SHIB's ecosystem expansion via Shibarium and 600% whale growth contrasts with BONK's Solana integration and ADA's institutional upgrades like Hydra.

- Meme-driven speculation fuels SHIB/BONK while ADA gains traction through protocol advancements and stablecoin liquidity, signaling a maturing crypto market.

- Rising social engagement, on-chain activity, and hybrid utility models highlight this altcoin season's momentum, though volatility remains a key risk.

In Q3 2025, the cryptocurrency market has entered a renewed altcoin season as Bitcoin’s dominance wanes, shifting focus to high-performing alternatives.

Shiba Inu
(SHIB), Bonk (BONK), and
Cardano
(ADA) have emerged as key players, each reflecting distinct dynamics driving market sentiment.
SHIB
has surged 15% over the past month, trading at $0.00001367 with a $8 billion market cap and a 24-hour volume of $462 million. While often categorized as a meme coin, SHIB’s ecosystem has expanded through initiatives like the Shibarium Layer-2 network, which supports DeFi, NFTs, and dApps. Whale holdings have increased by over 600% in recent weeks, according to CryptoRank, while social engagement metrics on LunarCrush show 6,400+ mentions and 350,000 engagements in July [1]. These developments suggest SHIB is evolving into a hybrid token with growing functional utility alongside its meme-driven appeal.

Bonk (BONK) has seen even more dramatic gains, rising nearly 140% in 30 days. At $0.000034 with a $2.76 billion market cap and a 24-hour volume of $1.6 million, BONK’s integration into Solana-based dApps—including Jupiter and GameFi platforms—has boosted its utility. Burn campaigns and liquidity provisions have reinforced scarcity narratives, while whale activity indicates active speculation. Despite volatility, BONK’s alignment with Solana’s broader ecosystem rebound positions it as a strong contender in this altcoin cycle [2].

Cardano (ADA) has approached $1, trading at $0.81 with a $29 billion market cap and $2.4 billion daily volume. Institutional and retail flows are converging as Cardano implements critical upgrades, including the Hydra Layer-2 scaling protocol and Mithril fast-sync. These developments, coupled with advancing Voltaire governance milestones, have strengthened ADA’s foundational appeal. Stablecoin activity via Djed and USDA also contributes to on-chain liquidity, distinguishing

ADA
from speculative narratives [3].

The resurgence of altcoins is fueled by a blend of hype, community engagement, and tangible progress. SHIB’s infrastructure growth, BONK’s utility expansion, and ADA’s protocol upgrades highlight how tokens are adapting to a fast-rotating market. While meme-driven speculation dominates SHIB and BONK, ADA’s institutional narratives underscore a maturing ecosystem. Retail enthusiasm and deeper on-chain activity suggest this altcoin season is outpacing previous cycles, with attention serving as a proxy for momentum. However, volatility remains a key risk, and sustained performance will depend on continued development and market alignment.

Source: [1] [title: Altcoin Season Returns: SHIB Climbs 15%, BONK 140%, and ADA Nears $1] [url: https://cryptonews.com/news/altcoin-season-shib-bonk-ada-surge/]

[2] [title: Altcoin Season Returns: SHIB Climbs 15%, BONK 140%, and ADA Nears $1] [url: https://cryptonews.com/news/altcoin-season-shib-bonk-ada-surge/]

[3] [title: Altcoin Season Returns: SHIB Climbs 15%, BONK 140%, and ADA Nears $1] [url: https://cryptonews.com/news/altcoin-season-shib-bonk-ada-surge/]