On-chain Weekly Digest: Moonshot unveils memecoin creation
Hyperliquid Surges Past $1.5T in Perp Volume, Polymarket hit $1B+ volume in June...
On-Chain Overview
The crypto market is entering a speculative risk-on phase, driven by renewed interest in meme coins and crypto-linked stocks. Both the S&P 500 and Nasdaq 100 have reached new all-time highs.
Despite a 1.52% rise in total crypto market cap, DEX activity declined sharply with a 12.22% volume drop, while PancakeSwap maintained top revenue performance.
（Data accurate as of: June 30, 2025, 6:00 am, UTC）
Altcoin, Meme Coin & NFT
Altcoin market cap rose 6.23%, driven by an 11.8% surge in memecoins, while NFT volume dropped 9.94% despite a modest market cap rebound.
（Data accurate as of: June 30, 2025, 6:00 am, UTC）
Macro, Stocks & Commodities
Equity markets rallied as the S&P 500 and Nasdaq rose over 3%, while falling yields of US Bond 10Y, lower volatility (VIX -5.61%), and a dip in gold and oil prices signaled easing macro stress.
（Data accurate as of: June 30, 2025, 6:00 am, UTC）
Key Events of the Week
NFT | Gondi launched a new one-stop-shop NFT marketplace (25 June)
This market place connects the collecting, trading and lending aspects of NFTs all in one place.
Launchpad | Moonshot unveils memecoin creation with just a photo and Apple Pay (27 June)
Moonshot enhances user experience by integrating Apple Pay, making memecoin minting as simple as a photo upload and one tap.
Memecoin | Pump Fun announced its 2.0 launch and new app (28 June)
Prediction Market | @Polymarket is reportedly raising $200M at a $1B valuation led by Founders Fund (29 June)
Polymarket hit $1B+ volume in June, fueled by US elections and now it’s teaming up with X & Grok to deliver real-time InfoFi insights.
DEX | Hyperliquid Surges Past $1.5T in Perp Volume （29 June）
Hyperliquid also generated $309M in total revenue and reached $3.5B in bridge TVL.
Macro | Robinhood unveils Arbitrum-powered Layer 2 and tokenized stocks（30 June）
Robinhood launched over 200 tokenized U.S. stock and ETF tokens for EU users during its “To Catch a Token” event on Monday, offering 24/5 trading, dividend support, and zero commission.
Looking Ahead
NFT | Twelve CryptoPunks will be featured in the exhibition 'Infinite Images: The Art of Algorithms' at the Toledo Museum of Art (12 July)
Wrapping Up
From a market data perspective: The crypto market showed signs of risk-on rotation as memecoins rebounded sharply, though DEX volumes declined and NFT activity softened; major U.S. equity indices hit new all-time highs amid easing macro stress.
From a market events perspective: Key developments included Robinhood’s launch of tokenized U.S. stocks, Polymarket’s $1B valuation milestone, Moonshot’s simplified memecoin creation, and Hyperliquid’s record-setting $1.5T in perp volume.
