After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 05:50 on July 11, 2025, according to sosovalue, the top five gainers are:
Top 1 gainer is Omni Network (OMNI). As of 05:50 today, its market cap is 167.00M USD, with a coin price of 4.4200 USD, witnessing a 24-hour increase of 187%.
The second is ZKFair (ZKF). As of 05:50 today, its coin price is 0.000081060 USD, with a 24-hour increase of 181%.
The third is Hyperlane (HYPER). As of 05:50 today, its coin price is 0.52212 USD, showing a 24-hour increase of 86.3%.
In fourth place is CROSS (CROSS). As of 05:50 today, its coin price is 0.23005 USD, with a 24-hour rise of 74.9%.
In fifth place is AltLayer (ALTLAYER). As of 05:50 today, its coin price is 0.047800 USD, increasing by 67.1% over the last 24 hours.


Moving on, let's take a look at the sector performance in crypto market.
Acccording to sosovalue, out of 16 sectors, all 16 are up and 0 are down. Notably, Layer2, AI, and Meme sectors are worth mentioning.
Layer2 sector has risen 12.7% relative to the UTC 0 time, led by gains in zkf (177%), SAGA (41.1%), and MAT (37%).
AI sector has increased 12.3% relative to UTC 0, with GRIFFAIN (27%), AI (26.4%), and DARK (26%) leading the rise.
Meme sector has risen 11.9%, with M (59.7%), NEIRO (49.6%), and UFD (43.3%) leading the rise.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:

According to SoSoValue data, Bitcoin spot ETF saw a total net inflow of 1.18B USD yesterday (Eastern Time, July 10th).

The Bitcoin Spot ETF with the highest net inflow yesterday was BlackRock's ETF IBIT, with a daily net inflow of 448.49M USD, and the total historical net inflow of IBIT currently stands at 53.45B USD.

The second highest was Fidelity's ETF FBTC, with a daily net inflow of 324.34M USD, and the total historical net inflow of FBTC currently stands at 12.61B USD.

The Bitcoin Spot ETF with the highest net outflow yesterday was Grayscale's ETF GBTC, with a daily net outflow of 40.17M USD, and the total historical net outflow of GBTC currently stands at 23.38B USD.

As of the time of publication, the total net asset value of Bitcoin Spot ETFs is 143.86B USD, with an ETF net asset ratio (market capitalization relative to the total Bitcoin market cap) of 6.37%. The historical cumulative net inflow has reached 51.34B USD.

Source: https://sosovalue.com/zh/assets/etf/us-btc-spot

Next news:pump.fun has announced the acquisition of wallet tracking tool Kolscan. Kolscan tracks the wallet activity of top on-chain traders in real time, providing transaction dynamics, token profit and loss data, and leaderboard functions. pump.fun stated that this integration will bring a better product experience to users of both parties and is expected to create a new on-chain trading experience, reshaping the relevant ecosystem. [Odaily Planet Daily]
Next news:The U.S. Senate voted to confirm former blockchain executive Jonathan Gould to lead the Office of the Comptroller of the Currency, sending the nomination to President Donald Trump for final approval.

The Senate voted 50 to 45 on Thursday.

Gould was previously the chief legal officer at Bitfury and, before that, served as senior deputy comptroller and chief counsel at the OCC, which regulates and supervises national banks and federal savings associations. Trump tapped Gould to lead that agency in February.

Earlier in the day, during a procedural vote for Gould's nomination, Sen. Cynthia Lummis, a staunch crypto advocate, voted against his nomination, according to reporting from Punchbowl News' Brendan Pedersen. A Lummis spokesperson said that the senator needed to have further discussions with Gould regarding stablecoin legislation and the "federal preemption of state banking laws," Pedersen reported.

During the afternoon vote, Lummis ultimately voted yes to confirm.

Lawmakers are quickly moving ahead with stablecoin legislation, with next week designated as "Crypto Week" to consider the GENIUS Act in the House. The bill requires stablecoins to be fully backed by U.S. dollars or similarly liquid assets, mandates annual audits for issuers with a market capitalization exceeding $50 billion, and establishes guidelines for foreign issuance.

The OCC has already made a few more crypto-friendly moves this year, including clarifying that U.S banks can buy and sell crypto assets on their behalf. The agency also said it was removing references to reputation risk from its handbooks and guidance, though it noted that it would not change its expectation on how banks handle risks.
Next news:

According to data from SoSoValue, U.S. Ethereum spot ETFs recorded a total net inflow of $383 million on July 10 (ET), marking the second-largest single-day inflow in history.

The Ethereum spot ETF with the highest single-day net inflow was BlackRock’s ETF ETHA, with $301 million, bringing its historical total net inflow to $6.154 billion.
Fidelity’s ETF FETH followed, with a net inflow of $37.2762 million, bringing its total net inflow to $1.814 billion.

As of press time, the total net asset value (NAV) of all Ethereum spot ETFs stands at $12.504 billion, with an ETF market share (NAV as a percentage of Ethereum’s total market cap) of 3.67%. The historical cumulative net inflow has reached $5.101 billion.

Source: https://sosovalue.com/assets/etf/us-eth-spot

Next news:Convicted cryptocurrency scammer Nicholas Truglia has been sentenced to 12 years in prison for failing to pay restitution related to a $20 million crypto scam, reports Bloomberg.

Truglia was sentenced to 18 months in prison in December 2022. According to a Department of Justice report, Truglia participated in a scheme to gain illicit access to a victim's cryptocurrency wallet containing $20 million in assets by swapping the SIM card containing the victim's phone number. Truglia helped drain the victim's funds and convert the assets into Bitcoin.

He had pled guilty to conspiracy to commit wire fraud and had served 12 months at the time of his 18-month sentencing. Truglia agreed pay the victim over $20 million in restitution, as the hearing revealed he held over $53 million in combined cryptocurrency, art, and jewelry, The Block previously reported.

However, subsequent court documents claim Truglia failed to pay anything toward the restitution he owed his victim. A court filing from April 25 asserted Truglia bought $92,000 worth of luxury goods such as designer hoodies, watches, and sneakers. "Of course, these assets don't amount to $20 million, but Mr. Truglia’s failure to give account to what he had and favoring his own indulgences over his obligation to pay is indicative of his intent never to pay his debt, his willfulness," the court document states.

United States District Judge Alvin Hellerstein, who sentenced Truglia in 2022, claimed in a July 2 court document that Truglia "failed to pay restitution and actively evaded law enforcement and judicial efforts to enforce his restitution obligation,” and so “resentencing is appropriate.”

On July 9, Truglia's attorneys argued that Truglia did contribute toward his restitution by surrendering "every valuable asset he has access to," which included all of the money in a Wells Fargo bank account. His lawyers added that a re-sentencing violates Truglia's constitutional rights to due process and protection against double jeopardy.
Next news:According to the official announcement, OKX will launch PUMP (Pump.fun) pre-market trading on July 11, 2025, at 12:00 p.m. (UTC+8). It is reported that Pump.Fun is a platform where tokens can be created and traded, and PUMP is its official token. [Odaily Planet Daily]
Next news:On July 11, according to Jinshi Data, Trump announced a 35% tariff increase on Canada. [Deep Tide TechFlow]
Next news:Coinbase International Exchange and Coinbase Advanced have officially opened PUMP-PERP perpetual contract trading. [Odaily Planet Daily]
Next news:Crypto asset management company Grayscale has announced its product update list as of July 10, 2025: current products cover a variety of digital assets including Bitcoin, Ethereum, Solana, Uniswap, Dogecoin, and Chainlink; the list of assets under consideration includes Toncoin, Arbitrum, BNB, Pendle, Jupiter, and LayerZero. Grayscale stated that it will update the list up to 15 days after each quarter, but whether it will be launched ultimately is still subject to internal review and regulatory compliance. The assets are classified into sectors such as "Currency," "Smart Contract Platform," "Finance," "AI," "Consumer and Culture," and "Tools and Services," reflecting its crypto asset deployment strategy. [Odaily Planet Daily]
Next news:On July 11, Hsiao-Wei Wang, Executive Director of the Ethereum Foundation (EF), posted on X that the address that sold 1,210 ETH this morning does not belong to the EF, but to Argot Collective, a non-profit development organization previously spun off from the EF. [Shenchao TechFlow]

Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.