Altcoins, stablecoins, tokenized stocks drive July’s crypto gains, Binance says

In July, the cryptocurrency market experienced a significant 13% growth, largely due to movement from Bitcoin (BTC) towards altcoins. Ether (ETH) notably increased by 48% as 24 companies incorporated it into their holdings, totaling 2.7 million ETH.

Stablecoin transaction volumes exceeded 2.1 trillion USD, surpassing Visa’s. Additionally, tokenized stocks like Tesla (TSLA) saw a remarkable 220% boost in market capitalization, hinting at a robust future for digital assets.

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