The crypto market welcomes a general rise, with over 90% of tokens pumping.

Recently, the crypto market has experienced a significant pump. After Bitcoin fell below 100,000 on June 22, triggering panic in the market, the trend quickly reversed, ushering in a new round of substantial rise. Unlike before, this time the surge is not limited to mainstream Tokens; many long-term stagnant Tokens have also performed remarkably.

In order to deeply analyze market trends, we conducted a comprehensive study of 403 spot trading pairs over a period from June 22, 2025, to July 15, 2025. The study results show that 94.8% of Tokens exhibited a rising trend, with an average increase of 30.38% and a median of 25.92%. This data is significantly better than the rebound market in April.

Among the rising Tokens, 7 have increased by over 100%, with the highest reaching 335%. 34 Tokens have risen between 50% and 100%, accounting for 8.4%. Most Tokens have risen by less than 50%, accounting for 84.6%. It is worth noting that 307 Tokens have increased more than Bitcoin's rise of 15.31%, indicating the activity in the altcoin market.

The top 20 Tokens by rise are mainly concentrated in the small-cap (less than $100 million) and mid-cap ($100 million to $1 billion) ranges. In terms of categories, MEME, AI, and DeFi related Tokens dominate, while infrastructure Tokens also perform well. In terms of ecosystems, they are mainly concentrated on the three major public chains: Ethereum, BSC, and Solana.

From the performance of the tracks, MEME Token leads with an average rise of 42.2%. Following closely are infrastructure-related projects, with a rise of 40.98%. Surprisingly, GameFi-related Tokens performed exceptionally well, with an average rise of 35.15%. DEX, AI, and smart contract platforms follow closely behind. RWA Tokens have a relatively flat rise, only 11.94%.

In terms of ecology, Solana leads with a rise of 39.41%, followed closely by the Base ecosystem with a rise of 33.86%. Arbitrum, Ethereum, and BSC rank in the top five with rises of 31.42%, 31.14%, and 28.41% respectively. The Avalanche ecosystem performed moderately, with an average rise of only 10.86%.

In terms of market capitalization classification, the rise in the value of large and small market cap tokens is not significantly different. Tokens with a market capitalization of over 1 billion USD have an average rise of 33.93%, small market cap tokens have a rise of 30.41%, and medium market cap tokens have a rise of 29.45%. Small and medium market cap tokens remain the market's main force, totaling 348.

From the perspective of token launch time, tokens launched in 2024 performed the best, with an average rise of 42.76%. 2023 came in second, with a rise of 34.57%. Tokens launched in 2019, 2025, and 2018 also performed well. In contrast, tokens launched in 2017 and from 2021 to 2022 had smaller rises, which may reflect that early projects are gradually losing market attention.

Despite the overall rise in the market, the real "altcoin season" seems yet to arrive. Only 7 tokens have reached new highs in this round of increases that surpass the highest price of 2024. 341 tokens failed to exceed their previous highs, and 38 tokens need to rise another 10 times just to return to the 2024 peak. 302 tokens are more than 50% away from the 2024 high, indicating that most tokens need to at least double in value to set new records.

Does this round of pump signify the arrival of altcoin season, or is it just a flash in the pan? It remains to be seen. However, current data shows that the overall market presents a positive trend, with most Tokens still having significant room for rise.