Today's cryptocurrency ups and downs: Analysis of the biggest market volatility

The main reason behind today's rise and fall of cryptocurrencies

Today's list of cryptocurrencies 'rise and fall shows that the market trend is divided. Some small currencies soared rapidly, while others fell sharply. DEXE led the way with a stunning 24-hour gain. On the other hand, BitMart Token fell sharply after a difficult week.

This crypto news review will analyze the currencies that have increased the most, why they have fluctuated, and what needs to be focused on next. All price and volume data below are from CoinGecko, with a data deadline of July 25, 2026.

Key Points

DEXE is the most watched cryptocurrency today, but this increase is not due to new demand, but is related to a rebound after an 80% plunge triggered by team wallet transfers. Zama's reason for the rise is the clearest: its agreement was officially launched on July 23. Most other currencies that have risen today lack a clear catalyst. Although Worldcoin reduced token unlocking to ease supply pressure, its price fell, indicating that concentrated holding by large households and weak market sentiment were enough to offset the good news.

Today's Overview of the Cryptocurrency Market

Before analyzing individual tokens, let's take a look at the overall market situation as of July 25, 2026 (based on CoinMarketCap data): the global market value of cryptocurrencies is approximately US$2.28 trillion, down approximately 1.1% in the past 24 hours, and the 24-hour transaction volume is approximately US$63 billion. The Cryptocurrency Fear and Greed Index read 27, still in the fear range, but has improved from last month's extreme fears. Bitcoin is trading at about US$64,000 today, down about 1.3% in the past day, and Bitcoin's market dominance remains above 56%. The supply of stablecoins is approximately US$303 billion, indicating that despite cautious overall market sentiment, demand for on-chain settlement remains stable. In this context, the following is a summary of today's cryptocurrency ups and downs.

Today's cryptocurrency rise and fall list: Top 5

The following is today's cryptocurrency rise and fall list, starting with the winners. These are the cryptocurrencies with the largest increases today, ranked by 24-hour price increase.

Data recorded from CoinGecko, July 25, 2026.

DeXe (DEXE): Price $5.24, 24-hour gain +159.7%, market cap $505.153M, 24-hour trading volume $792.625M

ETHGAS (GWEI): Price $0.03093, 24-hour increase +52.2%, market value $64.961M, 24-hour trading volume $31.579M

Lorenzo Protocol (BANK): Price $0.311, 24-hour increase +24.0%, market value $132.289M, 24-hour trading volume $130.648M

Zama (ZAMA): Price $0.05937, 24-hour increase +18.3%, market value $130.631M, 24-hour trading volume $86.507M

Cash Cat (CASHCAT)： Price is $0.05635, 24-hour increase of +10.0%, market value is $55.866M, 24-hour trading volume is $12.763M

DeXe (DEXE): Up 159.7%, today's biggest increase

DEXE ranked first today with a price of US$5.24, becoming one of the biggest increases in cryptocurrencies today. But this rally looks more like a rebound than a new buying boost. Just a few days ago, on July 21, wallets associated with the DeXe team transferred approximately 625,000 DEXEs (worth nearly US$6.2 million) directly to Binance. This triggered a lot of selling, with prices plunging more than 80% from a record high of about $48.91 set just a week ago. The price fell to $1.85 at one point, and buyers entered. Today's gains reflect this oversold rebound, with traders buying oversold currencies at significant discounts. Trading volume of nearly $792.6 million suggests that Dexe has received a lot of attention, far exceeding its market value. This imbalance is a warning sign, not an advantage. For detailed analysis, please refer to the DEXE price forecast.

Risk warning: After such a large-scale wallet shipment, more tokens may still flow into the exchange, adding new selling pressure at any time.

ETHGAS (GWEI): up 52.2%

ETHGAS rose to US$0.03093 today, fluctuating sharply from a 24-hour low of US$0.01969. GWEI is related to Ethereum's Gas Market and provides a way for traders to speculate on network fees and block space needs. Past gains in the token have generally been related to overall Ethereum activity, altcoin rounds and short squeeze, rather than a single announcement. This looks like another rapid emotion-driven swing. Trading volume jumped to $31.6 million, indicating that there was real interest behind the surge, rather than just a thin orderbook price shift. Even so, ETHGAS has many times in its history quickly retracted gains after momentum has subsided. Its fully diluted value is much higher than the current market value, which means that future token unlocking may increase supply pressure over time.

Risk warning: Such rapid, sharp gains could quickly reverse after early buyers take profits.

Lorenzo Protocol (BANK): up 24.0%

BANK rose to $0.311 today, extending a rally that shocked traders this month. BANK broke through its eight-month decline channel in mid-July. There were reports that wallets related to World Liberty Financial purchased 636,683 BANK, adding endorsements from well-known institutions to the rally. The agreement converts idle bitcoins into income tokens, conforms to the growing BTCFi narrative and attracts new funds into bitcoin-based DeFi projects. BANK is currently in the price discovery range, which means it has exceeded all historical price levels. This eliminates the normal resistance level that traders typically use to judge tops. But the problem is supply concentration: About 75% of BANK is concentrated in just five wallets, so big players can quickly push prices in either direction.

Risk warning: A currency that has increased so much in a week may quickly pull back once a major player decides to sell.

Zama (ZAMA): up 18.3%

Zama's ZAMA token rose to $0.05937 today, with clear and traceable reasons for the rise. On July 23, Zama launched its Confidential RFC exchange protocol on the Ethereum main network. The tool allows traders to exchange assets on the chain while hiding the size and direction of transactions, and is designed to reduce common front-end operational issues in public blockchains. The technology Zama builds is called fully homomorphic encryption, which allows smart contracts to run on encrypted data without exposing the data to anyone, including node operators. This launch provides ZAMA with a true product story rather than pure hype, which is why the rise in tokens matches the real catalyst. Zama also runs a confidential USDC vault of more than $23 million on Morpho, another sign of growing usage.

Risk warning: Product launches may trigger short-term buying, but early demand does not always translate into long-term price support, and once the news cycle passes, the rally may fade.

Cash Cat (CASHCAT): Up 10.0%

CASHCAT rose to $0.05635 today, a small rebound in a larger story. CASHCAT is a Meme coin built on Robinhood Chain. After Robinhood CEO publicly stated that the new chain was also suitable for Meme coins, it quickly entered the public eye. Coupled with the popularity of the chain's launch, CASHCAT reached an all-time high of approximately $0.2252 in mid-July. Since then, the token has fallen by more than three-quarters as early buyers take profits and hype has subsided. Today's gains look like part of a stabilization period, while the launch of new exchanges has increased liquidity. Cash Cat is designed to have no practical utility and builds its identity entirely around its cat mascot and community culture.

Risk warning: Meme-style tokens like this rely almost entirely on attention and social popularity, so gains could fade as quickly as they appeared.

Today's cryptocurrency decline list: Top 5

Now let's look at the cryptocurrencies that have dropped the most today, that is, the five coins that have dropped the most in 24 hours.

Data recorded from CoinGecko, July 25, 2026.

BitMart Token (BMX): Price $0.2041, 24-hour decline of-33.0%, market value of $69.151M, 24-hour trading volume of $8.93M

Useless Coin (USELESS): Price $0.05179, 24-hour trading volume $22.053M

Billions Network (BILL): Price $0.02718, 24-hour trading volume $7.743M

Billions Network (BILL): Price $0.02718, 24-hour trading volume $22.053M

Berachain (BERA)： Price $0.1724, 24-hour trading volume of-10.2%, market cap $51.819M, 24-hour trading volume of $15.233M

Worldcoin (WLD): Price $0.345, 24-hour trading volume of-9.6%, market cap $1.294B, 24-hour trading volume of $165.102M

BitMart Token (BMX): Falling 33.0%

BMX fell to US$0.2041 today, making it the largest decline in this decline list. BMX is BitMart's exchange token, and its price usually changes with the platform's own fee destruction, repurchase and trading activities, rather than a single external story. The token has experienced similar fluctuations before, and after a strong rebound, profit-taking often leads to a sharp correction. The circulating supply of BMX accounts for only a small portion of the total supply, as most of the tokens are pledged or locked through the exchange's destruction program. This weak liquidity can make price fluctuations seem more variable than actual demand. There was no major news from BitMart associated with today's decline, which tended to be more a technical correction or large sell orders than a fundamental shift in the project itself.

Risk warning: Such a sharp decline is usually accompanied by a large number of sell orders, and weak liquidity may make the next move equally sharp.

Useless Coin (USELESS): down 13.6%

USELESS fell to $0.05179 today. USELESS is a Solana Meme coin that is marketed as having no practical effect and is completely joking rather than pretending to solve problems. This positioning makes it purely an emotional transaction, with prices rising and falling based on social popularity, KOL mentions and large-scale wallet activity. Reports indicate that in the past few weeks, exchange wallets associated with major trading companies have transferred USELESS to exchanges, which is often a sign that large players have reduced their positions. The token fluctuated violently throughout the year, falling from an all-time high of about $0.4342 to below 1 cent, and then rising many times. Today's decline is in line with this rapid, emotion-driven pattern of fluctuations and is not the result of specific negative news. Please read the full USELESS price forecast for more information.

Risk warning: Tokens built mainly based on online jokes may quickly depreciate in value once attention shifts elsewhere.

Billions Network (BILL): down 12.1%

BILL fell to $0.02718 today. BILL powers a network that uses privacy protection technologies to verify that users are real, unique people or legitimate AI agents and does not expose any personal data. The project's partnerships with major platforms provide it with a more solid narrative than many of the tokens on the list. Even so, BILL's price is still more than 88% below its all-time high. Its price has fluctuated sharply in recent weeks, with a single-day increase of more than 30%, and a decline of more than 25% at other times. This volatility is common among tokens that are still looking for trading ranges after listing. Today's decline looks like a continuation of this unstable pattern rather than a reaction to negative news.

Risk warning: Tokens that are still looking for a stable base after listing may experience two-way violent fluctuations with little warning.

Berachain (BERA): down 10.2%

BERA fell to $0.1724 today, trading close to the all-time low set just on July 20. BERA has been in a long and painful downward trend, with prices now more than 98% below their all-time high set last year. The network recently completed a major reform called "PoL Next," halting the issuance of old governance tokens and moving pledge rewards to a new system. Such structural changes often create short-term uncertainty as holders need to adapt to the new mechanism before deciding whether to continue holding or exit. Berachain also dealt with a security breach late last year that resulted in a network suspension, and its total lockdown value has since dropped significantly. Today's trend is in line with a common pattern of continued selling pressure in the coin's history.

Risk warning: Tokens at historical lows require strong buying interest to avoid further declines.

Worldcoin (WLD): down 9.6%

WLD fell to $0.345 today despite having a market cap of more than $1.29 billion. On July 24, Worldcoin's daily token unlock rate dropped 43 percent, a change designed to ease long-term selling pressure by slowing new supply. Despite the improvement on the supply side, prices are still falling, suggesting that other factors are strongly offsetting this positive. About 100 wallets hold about 90% of the WLD in circulation, and this concentration raises real concerns about token allocation. Worldcoin also filed a spot ETF application through Grayscale on July 20, which brought a brief rebound but then subsided. The project verifies human identity through iris scans and expands partnerships related to AI proxy verification. Even strong news headlines are not enough to offset the downtrend of a coin that is still 97% below its 2024 high, and today's weak sentiment among top altcoins will not help.

Risk warning: Even large, well-known tokens can fall quickly when supply concerns and profit-taking outweigh good news.

What does this mean for the cryptocurrency market

Large movements in small currencies often signal weak liquidity rather than a true trend shift. A few large transactions can change prices significantly. Large tokens like Worldcoin are also falling, indicating a general caution in the market, rather than just a negative story about a given token.

Risk background: This is a snapshot of short-term price behavior and does not predict future performance.

CoinGabbar analysis

Today's mixed situation of cryptocurrency ups and downs is consistent with the current cautious cryptocurrency market news. The large fluctuations in currencies such as Dexe and BMX suggest that traders are chasing momentum in both directions. Long-term holders may need to focus more on fundamentals than just looking at daily charts. Short-term traders should carefully control their positions and avoid blindly chasing gains.

Conclusion

Today's cryptocurrency rise and fall list highlights the speed at which small-cap tokens fluctuate. DEXE and ETHGAS led the gains, while BitMart Token and Worldcoin led the decline. These fluctuations are normal phenomena in daily cryptocurrency transactions. Be sure to check real-time prices before taking action, as this data can change in minutes.

Disclaimer: This document is for reference only and does not constitute financial advice. Cryptocurrency prices fluctuate greatly and can change rapidly. Please be sure to research your own before investing.