CryptoMediaClub
Friday, July 18, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Analysis

SOL, MATIC, ADA gain over 20% on Bitcoin as SEC targeted tokens see mixed performance

14.07.2023
A A
0
136
VIEWS
ShareShare

Following the landmark decision for Ripple, asserting that some sales of XRP did not constitute securities sales, tokens included in the U.S. Securities and Exchange Commission (SEC) lawsuits against major cryptocurrency exchanges Binance and Coinbase experienced noticeable price movements.

Some of these tokens managed to recover, while others displayed a more stagnant performance when denominated in Bitcoin (BTC).

Ticker Price 1W Change YTD Perf Traded Volume
SOLBTC 0.0009142 29.33% 51.63% 79.052K
ADABTC 0.00001143 21.21% -23.08% 46.064K
MATICBTC 0.00002746 20.33% -40.12% 33.96K
COTIBTC 0.00000183 12.96% -43.34% 604
SANDBTC 0.00001519 11.12% -34.38% 5.481K
MANABTC 0.00001394 10.63% -22.38% 3.789K
AXSBTC 0.0002112 10.06% -41.98% 4.474K
NEARBTC 0.00004788 8.84% -36.94% 3.537K
CHZBTC 0.00000268 7.20% -55.78% 1.532K
ICPBTC 0.0001417 6.14% -40.41% 1.032K
ALGOBTC 0.00000384 4.63% -63.22% 5.142K
DASHBTC 0.001144 3.44% -54.87% 2.339K
ATOMBTC 0.0003225 3.17% -42.99% 5.399K
FILBTC 0.0001481 3.13% -18.67% 7.026K
FLOWBTC 0.00002046 1.19% -48.07% 2.323K
NEXOBTC 0.00002057 0.93% -48.26% 159

Many tokens fell over 20% in June following the SEC lawsuits against Coinbase and Binance. However, as of press time, Solana (SOL) has now shown a solid weekly performance with a 29.33% increase against BTC, despite a year-to-date performance of 51.63%. This figure puts SOL ahead of many other tokens after the lawsuits.

Cardano (ADA) has also demonstrated resilience. Despite a year-to-date performance of -23.08%, the token managed an impressive 21.21% increase over the past week. Similarly, Polygon (MATIC) showed a solid weekly performance with a 20.33% increase, even though it has seen a -40.12% performance since the beginning of the year.

In contrast, other tokens have struggled. For example, Flow (FLOW) has only recovered by 1.19%, reflecting a -48.07% performance year-to-date. The Nexo token (NEXO) has also seen minimal change, with a meager 0.93% increase over the week and a -48.26% performance since the start of the year.

Furthermore, NEXO experienced shallow BTC trade volumes over the past 24 hours along with COTI, according to data compiled from TradingView.

Bitcoin itself is up just 3.3% against the dollar for the week.

As previously reported, gaming-related tokens such as CHZ, SAND, MANA, FLOW, and AXS were hit hardest in June and experienced double-digit drawdowns, with only MANA and SAND showing signs of recovery as of press time. However, tokens like SOL, ADA, and MATIC have shown commendable recovery, gaining over 20% on Bitcoin.

However, the long-term implications of these lawsuits remain uncertain, as do the consequences of potential regulatory measures on varying tokens and exchanges.

Ultimately, the outcome of the SEC lawsuits against Binance and Coinbase will now be the next battleground in the search for regulatory clarity around digital asset sales.

The post SOL, MATIC, ADA gain over 20% on Bitcoin as SEC targeted tokens see mixed performance appeared first on CryptoSlate.

Share10Tweet7ShareSharePin2

Related Posts

XRP hits new ATH of $3.55 after 7 years amid altcoin surge
Analysis

XRP hits new ATH of $3.55 after 7 years amid altcoin surge

18.07.2025
0

Ripple’s XRP surged to a new all-time high of $3.55 on July 17, climbing more than 36% over the past...

Read moreDetails
Memecoins and DeFi beat Bitcoin as BONK, CRV, FRAX post over 20% gains in 24 hours

Memecoins and DeFi beat Bitcoin as BONK, CRV, FRAX post over 20% gains in 24 hours

17.07.2025
Ethereum soars past $3,400 sparking altcoin season buzz as alts fly

Ethereum soars past $3,400 sparking altcoin season buzz as alts fly

17.07.2025
Bitcoin rally shows room to run toward $130,000 before demand cools off

Bitcoin rally shows room to run toward $130,000 before demand cools off

16.07.2025
Exchange-run launchpads average 10x gains but face scrutiny over steep valuations, opaque models

Exchange-run launchpads average 10x gains but face scrutiny over steep valuations, opaque models

16.07.2025
Load More
Next Post
Australian Crypto Firm Revives Application for Spot Bitcoin ETF

Australian Crypto Firm Revives Application for Spot Bitcoin ETF

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Ondo Finance Unveils Actual-World Asset Layer 1 – 10x Incoming?

Ondo Finance Unveils Actual-World Asset Layer 1 – 10x Incoming?

5 months ago
International Battle and Tighter Legal guidelines Might Derail Crypto in 2025: Specialists

International Battle and Tighter Legal guidelines Might Derail Crypto in 2025: Specialists

6 months ago
Coinbase Hints to Launch Wrapped Staked BTC ‘cbBTC’ on Base Chain

Coinbase Hints to Launch Wrapped Staked BTC ‘cbBTC’ on Base Chain

11 months ago
Cardano Price Prediction: Hoskinson Threatens to Retire If $1 Billion Treasury Overhaul Fails

Cardano Price Prediction: Hoskinson Threatens to Retire If $1 Billion Treasury Overhaul Fails

4 weeks ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

SPX6900 Hits $1.89 New ATH – TOKEN6900 Is Where the Next 1000x Cult Begins, ICO Hits $630K

Ethereum ETFs Surge Past $5.5B in Record Inflows – Can ETH Break $4,000 Next?

$FARTCOIN Nears $1.80 Breakout: Will Whale Activity Trigger the Next Rally?

Memecoins and DeFi beat Bitcoin as BONK, CRV, FRAX post over 20% gains in 24 hours

Bitcoin Could Become Quantum-Resistant by 2030

Westpac and Australia’s RBA Launch Chainlink-Based Tokenized Asset Settlement Project

Trending

XRP hits new ATH of $3.55 after 7 years amid altcoin surge
Analysis

XRP hits new ATH of $3.55 after 7 years amid altcoin surge

18.07.2025
0

Ripple’s XRP surged to a new all-time high of $3.55 on July 17, climbing more than 36%...

Ondo Finance Unleashes Revolutionary Tokenized US Treasuries on Sei

Ondo Finance Unleashes Revolutionary Tokenized US Treasuries on Sei

18.07.2025
South Korea’s Shinhan Launches Crypto Services on Its Banking App

South Korea’s Shinhan Launches Crypto Services on Its Banking App

18.07.2025
SPX6900 Hits $1.89 New ATH – TOKEN6900 Is Where the Next 1000x Cult Begins, ICO Hits $630K

SPX6900 Hits $1.89 New ATH – TOKEN6900 Is Where the Next 1000x Cult Begins, ICO Hits $630K

18.07.2025
Ethereum ETFs Surge Past $5.5B in Record Inflows – Can ETH Break $4,000 Next?

Ethereum ETFs Surge Past $5.5B in Record Inflows – Can ETH Break $4,000 Next?

17.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz