The cryptocurrency markets are experiencing active changes in July, with sudden price jumps and real-world partnerships driving new momentum.
Celestia Recovery Signals Upside
Celestia (TIA) spiked 16% within 24 hours after dropping 26% in the previous days. The quick rebound signals buyers stepping back in, despite over $2.9 million in spot sales. Analysts suggest the move was not fear-based selling but likely profit-taking.
Currently, about 78% of TIA holders remain optimistic about future gains. The token is trading close to its upper Bollinger Band at $1.89, a significant resistance level. Strong interest in derivatives also supports the price movement.
SOL Tests Stablecoin in Japan
Solana is making new strides with a stablecoin experiment supported by Minna Bank and Fireblocks. The project explores how Solana’s network can support digital money transfers and settlements within traditional banking systems.
This pilot is seen as an important step in proving blockchain’s role in real finance. By using Solana’s tech, Minna Bank aims to create a more efficient system for yen-based stablecoin activities. If results are positive, Solana could see broader use in Japan’s digital currency space.
BlockDAG Scores Big With Seattle Sports Deals
BlockDAG is attracting attention not only through its presale but by entering sports partnerships to bring blockchain to the mainstream. The platform has partnered with the Seattle Seawolves, champions in Major League Rugby, becoming their Official Blockchain Partner. This partnership includes co-branded media, exclusive fan coins, and behind-the-scenes content aimed at enhancing fan engagement.
BlockDAG has also teamed up with Seattle Orcas from Major League Cricket, expanding its reach to a global audience. This partnership provides cricket fans with player-focused digital content and blockchain-driven tools for closer engagement with the game.
In July, Celestia rebounds with a 16% surge, while Solana is testing stablecoins with Minna Bank, preparing for potential integration into the financial system. However, BlockDAG stands out with fresh interest due to its visibility in sports and new partnerships.
