Solana Soars 7%, Ethereum Slips Slightly – July 22, 2025 Morning Crypto Update
Solana rallies to $199.50 with big volume, Ethereum and Bitcoin pull back as XRP holds firm. Get July 22, 2025’s key crypto market trends.
Solana Soars Nearly 7% While Ethereum and Bitcoin Pull Back — July 22, 2025 Morning Crypto Update
Kicking off Monday, July 22, 2025, at 9:20 AM IST, Solana (SOL) is the standout performer, soaring 6.99% to $199.50 on a massive 121% surge in trading volume. This robust rally is drawing attention, as funding rates hit 1%, confirming aggressive long positions and strong DeFi engagement on the Solana network.
In contrast, both Ethereum (ETH) and Bitcoin (BTC) tick lower: ETH slips 0.65% to $3,700 despite a 73% rise in volume and a notably high funding rate (1.42%), while BTC dips 1% to $117K, but trading activity more than doubles (+105%).
XRP holds its ground, inching up 0.54% to $3.50 with volumes also up 51%. The story this morning is clear: altcoin momentum is alive, with Solana leading the pack as traders rotate into higher-beta names after a weekend of strong volume and accumulation.
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