Crypto Market Rises on Bitcoin ETF Inflows; TON Surges 24% Leads Top Gainers

Crypto Market Rises on Bitcoin ETF Inflows; TON Surges 24% Leads Top Gainers

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News Editor 01
2026-07-23 08:40:15
Bitcoin ETF inflows push the crypto market cap near $2.67T. Toncoin jumps 24.56% on Telegram news, while LUNC, MORPHO, MemeCore and LayerZero post gains between 5-11%.
Bitcoin ETFcrypto gainersTONLUNCLayerZero

The crypto market is up today, with total market cap near $2.67T (+0.94%). Strong Bitcoin ETF inflows drove BTC higher, keeping sentiment cautiously optimistic (Fear & Greed: 49). A short squeeze added upward pressure as traders closed bearish positions. Altcoins lagged behind BTC, with capital concentrated on Bitcoin.

TON: +24.56% on Telegram Validator News

TON trades at $1.73 with a market cap of $4.67B (rank #20). Telegram's expanded role as a key validator boosted confidence in long-term adoption. Faster speeds and lower fees improved usability, while leveraged traders exiting positions added extra buying pressure.

LUNC: +11.45% on Volume Surge and Binance Burns

LUNC price stands at $0.00009903 with a $547M market cap. Trading volume spiked sharply, indicating strong speculative buying. Binance burning millions of tokens lifted sentiment despite limited supply impact. Price broke above key levels, attracting trend traders.

MORPHO: +8.45% on Lending Integration

MORPHO price is $2.13, market cap near $1B. Trading activity rose sharply, confirming organic buying. Integration with new capital facilities strengthened its position in on-chain lending. The move occurred without major market support, showing token-specific demand.

M (MemeCore): +10.84% on Meme Hype Despite Supply Worries

M trades at $3.34 with a $4.34B market cap. Meme coin rotation drove fresh buying, with rising volume indicating speculative participation. Despite insider supply concerns, short-term traders pushed price higher.

ZRO: +5.85% on Cross-Chain Interest

LayerZero (ZRO) price is $1.46, market cap $469M. Growing interest in cross-chain infrastructure boosted the long-term adoption narrative. Increased visibility around interoperability projects drove new buying. Price held above key levels, sustaining the uptrend.

Overall, the market remains stable with selective gains driven by ETF demand and Bitcoin strength. Today's top gainers reflect strong narratives and short-term capital flows, with M showing relative weakness due to supply concerns. Crypto investments carry high risk and volatility — always do your own research.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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