Crypto Market Slips as Solana, Dogecoin, and HYPE Lead Major Losses

Crypto Market Slips as Solana, Dogecoin, and HYPE Lead Major Losses

N
News Editor 01
2026-07-22 20:05:14
Crypto prices moved lower over the past 24 hours, with Bitcoin down to $62,939.69 and Ethereum below $1,700. Solana, Dogecoin, and HYPE saw some of the steepest losses among major tokens, while TRX edged higher.
BitcoinEthereumSolanaDogecoinCrypto Market

Crypto prices declined across the board over the past 24 hours as selling pressure pushed most major assets lower. Bitcoin traded at $62,939.69, down 2.0% on the day, with more than $26.55 billion in trading volume and a market capitalization of about $1.26 trillion. Ethereum also weakened, falling 3.1% to $1,691.72 on volume above $12.47 billion. XRP slipped 1.9% to $1.12, with trading activity exceeding $1.46 billion.

Major tokens turn lower, with SOL posting one of the biggest drops

BNB moved in line with the broader market and fell 2.0% to $581.69. Among the largest-cap assets, Solana (SOL) dropped 5.1% to $70.39, Hyperliquid (HYPE) fell 4.2% to $64.35, and Dogecoin (DOGE) lost 3.9% to $0.08027, making them some of the weakest performers in the major-token group. TRON (TRX) stood out on the upside, rising 0.8% to $0.3318 and extending its recent strength.

The retreat in SOL, DOGE, and HYPE matched the wider pullback across digital assets. Prices moved lower, but trading remained active in these names, suggesting that market participants were still repositioning rather than stepping away completely.

Smaller tokens rally against the broader downturn

While large-cap cryptocurrencies finished mostly in the red, several smaller tokens posted sharp gains. CyberDEX (CYDX) led the market with a 2,539.2% jump over 24 hours, although its trading volume was relatively modest at $105,433. DeXe (DEXE) climbed 72.6% to $23.45 and recorded more than $105 million in volume, placing it among the most actively traded gainers.

Unicorn (UWU) rose 52.0% to $0.03085, while FOLKS (FOLKS) advanced 44.2% to $2.85. Provenance Blockchain (HASH) gained 26.0% to $0.01045, and TX (TX) added 21.9% to $0.006184 with trading volume above $565,000. Arcium (ARX) also ranked among the top performers, rising 19.3% to $0.4235. Its volume topped $242 million, the highest among the leading gainers listed in the session.

The session showed a split market. Major coins such as SOL, DOGE, and HYPE came under pressure, while CYDX, DEXE, and ARX drew strong trading interest even as the broader market moved lower.

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