The cryptocurrency market is still in a state of flux, with many investors considering whether to sell now to secure profits, or to hold on or even increase their holdings in order to take advantage of a potential price rebound in the short to medium term.

Although the cryptocurrency market has gradually recovered from the last bear market, every bear market will eliminate some projects. Therefore, it is particularly important to select high-quality crypto projects that are expected to survive the bear market and thrive in the future.

Especially for those friends who are short now, it is difficult to copy the real bottom, and when the real bottom appears, everyone dare not copy the bottom, like 312, 519, you dare not enter the market, just like I wrote in my previous article "If you can't copy the real bottom, the best way for retail investors is to enter the market in batches"

So, if the market is falling and you are short, it is a good opportunity to buy a first position. If there is a further drop in the future, you can add more positions. However, not everything you buy will rise in this bull market, so you have to choose carefully.

Toncoin

On July 19, Telegram will launch a built-in decentralized application store and Web3 browser, and emphasize the fight against scams targeting blockchain novices.

Toncoin is one of the fastest growing blockchain ecosystems in the world, with total value locked (TVL) now reaching $768 million, up from just $13 million at the beginning of the year. The main drivers of this significant growth include Telegram’s broad user base and its deep integration with the open network, as well as the various incentives launched by the team in recent months.

Additionally, the upcoming airdrop of Hamster Kombat, a globally popular game that has attracted more than 250 million users since March, is expected to further boost growth. This integration and the upcoming issuance of the native token are expected to drive TON prices further up.

Maker

MakerDAO recently announced the Spark Tokenization Grand Prix, an open competition to invest $1 billion in tokenized real-world assets (RWA) through the Maker platform. Multiple major asset managers have lined up to participate, demonstrating broad support and trust in the Maker platform.

Ethereum

Considering the market reaction when the first Bitcoin spot ETFs began trading in the United States earlier this year, the BTC price soared from about $45,000 to a record high of more than $73,600. Although it is difficult to predict the specific impact that Ethereum spot ETFs will have on ETH, the market is generally optimistic about the follow-up.

Solana

Asset management companies VanEck and 21Shares have applied to launch spot Solana ETFs in the United States, both seeking to be listed on the CBOE BZX exchange. 21Shares plans to use Coinbase as the SOL custodian of its fund, with funds stored in independent wallets on the Solana blockchain. It is worth noting that the fund will not pledge SOL due to regulatory requirements.

Outside the United States, 21Shares has launched an exchange-traded product (ETP) that is 100% physically backed by SOL, allowing holders to receive staking returns. The product is traded on the Swiss Stock Exchange, Stuttgart Stock Exchange and Amsterdam Stock Exchange.

Although there are now active Solana ETF applications, the path to a Solana ETF may be more complicated than the recently approved Ethereum ETF. It is important to note that the US securities regulator SEC has claimed in at least two lawsuits that SOL is an unregistered security, and unlike Bitcoin and Ethereum, there is currently no regulated Solana futures market in the United States.

XRP

Ripple recently announced that it will launch a stablecoin pegged to the US dollar on the XRP Ledger and Ethereum platforms. This stablecoin will adopt the traditional fully-backed model, backed by US dollar deposits, short-term US Treasury bonds and other cash equivalents. In order to improve transparency, Ripple plans to publish audit certificates from third-party accounting firms every month to verify the full backing of the stablecoin. This move is expected to greatly improve the liquidity of the XRP Ledger and may bring new growth momentum to XRP.

Uniswap

The UNI token has been an outstanding performer in the past week, with a 12% increase in price to a multi-week high. At the same time, most cryptocurrencies in the market are losing value. On-chain data shows that the growth of UNI open interest is consistent with the market trend, showing the growing interest of investors in UNI. In addition, Uniswap recently supported ZKsync, allowing its users to trade on the efficient Ethereum second-layer network, which will bring lower fees and faster transaction times to Uniswap, which may promote positive perceptions of UNI.

Later, I will bring you analysis of leading projects in other tracks. If you are interested, you can click to follow. I will also organize some cutting-edge consulting and project reviews from time to time. Welcome all like-minded people in the cryptocurrency circle to explore together.