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NFT Market Cap Drops $1.2B as Ether Declines; Penguins Overtake Apes
NFT Gaming

NFT Market Cap Drops $1.2B as Ether Declines; Penguins Overtake Apes

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The non-fungible token (NFT) market lost more than $1.2 billion in value in less than a week as Ether’s rally slowed, according to sector data.

On Monday, NFT Price Floor data showed that the total valuation of NFT collections had dropped to $8.1 billion, a 12% decline from Wednesday’s NFT market cap of $9.3 billion, which had surged 40% since July. 

NFTs losing $1.2 billion in valuation in less than a week coincided with a 9% drop in Ether (ETH) prices. At the time of writing, Cointelegraph data showed ETH traded at $4,260, down from a high of about $4,700 on Wednesday. 

Many NFTs are minted on the Ethereum network. With valuations and sales denominated in ETH, bullish or bearish momentum in the crypto asset often translates into increased or decreased value in the NFT sector. As ETH went down 4% in the last 24 hours, a majority of the top 10 collections also showed declines in value. 

Top 10 NFTs by market capitalization. Source: NFT Price Floor

NFT market cap drops by over 12% as ETH declines

While it continued to be the top collection by market capitalization, CryptoPunks saw about $300 million wiped from the collection’s value.

At the time of writing, data showed it was worth $2.1 billion, down 12% from its 2.4 billion market cap on Wednesday. 

CryptoSlam data showed that the collection’s sales volume reached $12.7 million, a 34% drop in the last seven days. Total sales only reached 51, down 28% in the last week. 

The Bored Ape Yacht Club (BAYC), which was ranked second in overall NFT market capitalization on Wednesday, dropped to third place on Monday, as the collection declined to $482.3 million.

This represented an almost 20% drop from Wednesday’s $602 million. 

Related: NFT sales surge to $574 million in July, second-highest in 2025

Penguins overtake Apes in market capitalization

Meanwhile, Pudgy Penguins climbed to the second-highest valuation despite erasing about $100 million in overall value.

On Monday, the collection’s market cap was $491 million, down 17% from Wednesday’s $591 million. 

Last week, publicly traded blockchain company BTCS Inc. announced that it added three Pudgy Penguins NFTs to its corporate digital asset treasury.

This showed that companies are beginning to recognize blue-chip NFT collections as legitimate assets for treasury diversification. 

Magazine: Jack Butcher’s no fan of NFT royalties: ‘You’re getting paid on churn’



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Adam Back’s $2.1B BTC Treasury Play Plans to Overtake MARA in BTC Holdings
NFT Gaming

Adam Back’s $2.1B BTC Treasury Play Plans to Overtake MARA in BTC Holdings

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Bitcoin Standard Treasury Co. (BSTR), a bitcoin

treasury vehicle led by cryptography pioneer Adam Back, sees itself as a company with a mission to accelerate real-world bitcoin adoption.

But it might be setting out on another milestone: becoming one of the biggest corporate bitcoin holders.

The company, which is preparing to go public on Nasdaq by merging with Cantor Equity Partners (CEPO), already has 30,021 BTC on its balance sheet, with plans to grow its stack beyond 50,000 coins.

This will set it on the path of potentially overtaking MARA Holdings (MARA) as the second-largest corporate holder of BTC behind Strategy. MARA has more than 50,600 BTC, according to bitcointreasuries.net. Strategy has just under 629,000.

Currently, MSTR, MARA, and BSTR collectively hold roughly 710,000 bitcoin, which represents about 3.38% of bitcoin’s fixed supply of 21 million.

‘Liquidity, security, and scale’

Unlike some corporate treasuries that sit on bitcoin passively, BSTR intends to use techniques that include selling puts to accumulate BTC at lower prices, using bitcoin-backed revolvers and placing collateral with regulated tri-party custodians.

“We’re not interested in chasing DeFi yield or taking on counterparty risk we can’t manage. This is about liquidity, security, and scale,” Back said exclusively with CoinDesk. “Bitcoin was created as sound money and BSTR is being created to bring that same integrity to modern capital markets.”

The SPAC deal with Cantor combines, for the first time, traditional Wall Street financing with a bitcoin-denominated private placement of equity (PIPE).

In addition to 25,000 BTC contributed by the company’s founders, another 5,021 BTC will be raised from the bitcoin community.

The company is also raising up to $1.5 billion in fiat financing, the largest PIPE ever announced alongside a bitcoin treasury SPAC merger.

  • $400 million in common equity at $10 per share.
  • Up to $750 million in convertible senior notes (30% conversion premium, $13 per share).
  • Up to $350 million in convertible preferred stock with a 7% dividend and a $13 per share equivalent conversion price.

CEPO could add up to $200 million from its trust, subject to redemptions.

“By securing both fiat and bitcoin funding on day one, we are putting unprecedented firepower behind a single mission: maximizing bitcoin ownership per share while accelerating real-world bitcoin adoption,” Back said.

A first for bitcoin treasuries

The in-kind PIPE allows investors to deliver BTC at closing and potentially capture upside before settlement. Back said the approach was designed to appeal to both crypto-native players and traditional managers seeking exposure without waiting for post-close market buys.

The firm’s CIO Sean Bill, who previously helped a U.S. pension fund make one of the first institutional allocations to BTC, said the strategy resonated with traditional investors. “We’re building the Berkshire Hathaway (BRK) of Bitcoin, an actively managed Treasury that will pursue yield and alpha strategies, and strategic acquisitions within the Bitcoin ecosystem”.

“We’re flipping the script on Wall Street as we seek to fuse Bitcoin into Finance and Capital Markets, unlike other Treasury companies we’re not coming to Wall Street seeking fiat currency to buy Bitcoin, we’re showing up with a 25,000 Bitcoin commitment and more importantly we issued the first ever Bitcoin in kind Equity PIPE in the United States, raising another 5,021 Bitcoins from OG Bitcoiners. We’re brining the Bitcoin to Wall Street. We believe that the future of finance runs on Bitcoin”,” Bill told CoinDesk exclusively.

Bridging bitcoin and Wall Street

The leadership team sees BSTR as a bridge between the bitcoin ecosystem and institutional capital markets.

“We’re bringing the traders, we’re bringing the bitcoiners to Wall Street,” Back said, noting the potential for the U.S. market’s liquidity to amplify the success of bitcoin-denominated convertibles that have already gained traction in Europe.

The deal is expected to close in the fourth quarter, with the company trading under the reserved ticker BSTR. If the raise is fully subscribed, the launch could set a new scale record for corporate bitcoin treasuries and offer a template for others looking to merge sound money with modern market instruments.



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NewGenIvf to invest $30m in Solana staking strategy
Crypto Trends

This token below $1 could overtake Solana, and it’s not Cardano

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Little Pepe presale gains traction as a meme-powered Layer-2 contender eyeing top-10 status.

In a crypto market where Dogecoin and Cardano are household names and Solana has dominated Layer-1 conversations, a new contender is quietly amassing strength — and it’s priced at just a fraction of a cent. 

Meet Little Pepe (LILPEPE), a meme-powered Layer-2 coin currently in presale, positioning itself as another crypto project and the next top-10 token by 2026. And no, this isn’t hype without substance. With Solana facing significant headwinds and memecoin fatigue setting in across major chains, LILPEPE is riding a new wave of market momentum, fueled by utility, speed, and community-driven meme culture.

Why Solana’s slide sets the stage for LILPEPE

Once hailed as an “Ethereum killer,” Solana (SOL) has seen a sharp downturn. Over the past six months, SOL has declined by 34%, currently trading at $141.40 at the time of this press release. Key technical indicators signal further bearish pressure: an RSI of 28.89, a negative MACD, and a 10-day moving average trailing far below the 100-day SMA. But the more telling story is what’s happening behind the scenes. 

The collapse of Solana’s memecoin meta, once a $25 billion behemoth in late 2024, has now cratered to $9.64 billion. Most of these tokens are down 80–90%, and over $500 million in liquidity has been bridged away from Solana, with Ethereum, Arbitrum, and soon, Layer-2 solutions like Little Pepe, gaining momentum.

Enter Little Pepe: The meme king of layer 2

In the saturated world of memecoins, LILPEPE is rewriting the playbook. More than just a token with a funny frog face, it’s the native utility token of an upcoming Layer-2 blockchain built for ultra-low fees, rapid transaction speeds, and mass scalability.

What sets LILPEPE apart?

  • Built Different: This speedy Layer-2 chain sits on Ethereum’s network, runs EVM code, and scales transactions without flooding gas prices. Unlike Dogecoin-no-smart-contract or slow-to-adopt Cardano, Little Pepe comes with a fun, meme-driven crowd that moves parts of Ethereum’s business while cracking jokes.
  • Zero Taxes: True to its DeFi roots, there are no buy/sell taxes, giving investors unfiltered upside potential.
  • Meme Magic + Tech Power: LILPEPE doesn’t just ride meme waves, it powers them with battle-tested Solidity code and a strategic roadmap that turns viral moments into chain adoption.

With Stage 2 of the presale almost complete, momentum is rapidly building. At just $0.0011 per token, investors are getting in near the ground floor. Over $1.23 million has already been raised, with 1.17 billion tokens sold, and the hard cap is within striking distance.

Why LILPEPE could leapfrog DOGE, ADA, and even SOL by 2026

Market cap advantage

Dogecoin and Cardano already have massive market caps, making returns of 10x or 50x increasingly difficult. Meanwhile, LILPEPE is still in its presale infancy, offering asymmetric upside with significantly less capital required to move its price.

Layer-2 advantage

While DOGE lacks advanced blockchain utility and ADA continues to under-deliver on developer traction, LILPEPE launches as a native Layer-2 chain — a trend that’s capturing serious capital as investors rotate away from legacy chains toward high-throughput, Ethereum-compatible networks.

Community-fueled growth

The rise of memecoins is never just about tech — it’s about community. LILPEPE leans hard into this with no taxes, a humorous yet strategic roadmap (from cryptowomb to blockchain king), and a marketing war chest ready for virality.

Presale and giveaway: The ticket to the meme throne

The Stage 2 presale is now live, but it’s nearly sold out. Each token is priced at $0.0011, and the minimum entry is just $100. But that’s not all: Little Pepe is running a $777,000 giveaway to fuel adoption.

Here’s how to participate:

  • Buy into the presale at the official website.
  • Complete giveaway tasks (follow, retweet, tag friends, etc.).
  • Earn bonus entries by engaging more.

Ten winners will receive $77,000 in LILPEPE tokens each, making this one of the largest memecoin giveaways in crypto history.

Final thoughts: A frog set to leap

From coins like DOGE riding Elon’s tweets, ADA stalling for years, to rug-pulls on Solana-based memecoins. Now, a new meme prince is ready to take the throne, but this time, he comes armed with a real blockchain and a long-term vision. LILPEPE isn’t just another coin. It’s a movement. From the crypto womb to the top of CoinMarketCap, this frog’s path looks promising; it may just leap over the competition and into the top 10. Don’t just watch from the sidelines. Jump in before the next green candle.

To learn more about Little Pepe, visit the website, Telegram, and Twitter (X).

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



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Solana to Overtake Ethereum, Scaramucci Predicts
GameFi Guides

Solana to Overtake Ethereum, Scaramucci Predicts

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  • Solana’s underwhelming year 
  • More Solana bulls 

During a recent appearance at the DigiAssets 2025 conference, prominent American investor Anthony Scaramucci predicted that Solana (SOL) would end up flipping Ethereum (ETH) by market cap. 

However, Scaramucci is not certain when exactly the flippening could take place. 

The two cryptocurrencies are currently valued at $304 billion and $76.5 billion, respectively. 

During a February CNBC appearance, Scaramucci said SkyBridge Capital preferred Solana over Ethereum because the former offers faster transactions and lower fees. He previously predicted that Solana could play a major role in tokenization.  

Last May, he tweeted that there would be a Solana ETF. This came before VanEck filed with the SEC to launch such a product the following month. 

Solana’s underwhelming year 

Solana was up by as much as 64% against Ethereum in January while the latter was experiencing severe underperformance against Bitcoin and other major cryptocurrencies. However, Ethereum then managed to regain a lot of ground, with the SOL/ETH pair collapsing by a whopping 25% in May. The widely tracked pair is down another 6% this month. In fact, Solana, which is also known as the main “Ethereum killer,” is actually down against the chief altcoin on a year-to-date basis. 

More Solana bulls 

Scaramucci is not alone. As reported by U.Today, Qiao Wang of Alliance DAO also predicted that Solana could end up flipping Ethereum due to the fact that the former is on track to become the largest chain for new founders. 

Last year, Santiago R Santos, founder of Inversion Capital, also opined that he could not see a compelling reason why Solana should not be worth as much as Ethereum. 



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