Ethena (ENA)

A single chart to grasp the major Web3 events of July 2026

The United States will release non‑farm payrolls, CPI data, and Fed meeting minutes；
EU MiCA transition period ends；
ENA, PUMP and other token unlocks；
Robinhood teases new crypto product, Securitize plans an IPO；
Botanix and other projects cease services；
Shanghai Embodied Intelligence Expo, WebX 2026, World Cup final and other events intensify；
SpaceX added to Nasdaq‑100 index, ASML and TSMC release Q2 earnings.

Altcoins took a heavy hit, and several projects were hit especially hard 📉

The biggest drop was recorded by MemeCore $M, which according to the data lost over 75% in a week. The main issues are low liquidity, high supply concentration and aggressive liquidation of long positions.

Ethena $ENA was also heavily affected, with the market still fearing pressure from token unlocks and questioning whether protocol development will translate into real demand for the token.

Mantle $MNT and Cosmos $ATOM are falling mainly due to weak sentiment towards altcoins, capital outflows towards Bitcoin and a lack of strong short‑term catalysts.

Worldcoin $WLD looks a bit different — its decline resembles profit‑taking after previous gains rather than a typical panic sell.

The entire altcoin market is now under pressure: Bitcoin dominance is rising, the Altcoin Season Index is low, and investors are clearly avoiding higher risk.

The question is: are these already buying opportunities, or can altcoins still face another wave of declines?

#KryptoEkipa #kryptowaluty #Bitcoin

🚨UPDATE: @ethena and @BlackRock have deepened their collaboration by bringing USDe to the Aladdin platform while expanding the role of BlackRock's tokenized Treasury fund, BUIDL, within Ethena's ecosystem. https://t.co/bX2gpgLukg