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Crypto Week: Impact of the GENIUS Act on Altcoins like Cardano and Solana

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by Giorgi Kostiuk

9 hours ago


Crypto Week is officially here, with the passage of the GENIUS Act on stablecoins signaling a market revival. Altcoins like Cardano and Solana are gaining investor attention, while MAGACOIN FINANCE demonstrates impressive early performance.

Cardano (ADA): Technical Revival

Cardano has re-emerged as a popular cryptocurrency in July 2025, rising from $0.73 to $0.85. Optimism surged following news of new partnerships and integration upgrades. Key highlights include interoperability with the XRP Ledger through Tokeo Wallet and the rollout of a 'Cardano Card' by EMURGO for real-world spending. The ecosystem also expanded to 2,005 active decentralized applications, indicating ongoing developer and user interest. Despite slow transaction growth and falling fee revenues, regulatory support and potential ETF clarification could lead to another ADA breakout.

Solana (SOL): Outpacing the Competition

Solana continues to show strength, recently bouncing back to around $141 and sharply rebounding about 35% to trade near $177. Fundamental factors favor SOL as it leads in memecoin and NFT transaction volumes, accounting for nearly 60% of blockchain activity in this area. Institutional interest is rising with more companies building SOL Treasury, and the launch of the first Solana-focused ETF in the US has granted wider access to SOL while the market awaits the debut of the first spot SOL ETFs.

Why MAGACOIN FINANCE Is Grabbing Attention

MAGACOIN FINANCE is rapidly emerging as a notable player amid the renewed market frenzy. With a presale-to-exchange gain of over 175%, it demonstrates that its narrative holds substance beyond just hype. The project has already attracted a serious user base and engaged community, laying the groundwork for explosive liquidity once it hits listings on both centralized and decentralized exchanges.

ADA and SOL are surging on technicals and institutional tailwinds, while MAGACOIN FINANCE's presale-to-exchange momentum signals a new contender in the market. Observers are encouraged to monitor upcoming trends in the crypto space.

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