July Monthly Recap: Tokens Get Shuffled, Voices Get Muffled

July 2024 was truly a month that exemplified the importance of choosing your portfolio strategically and meticulously. Although Bitcoin (+2%) was a slight gainer, most altcoins fell. However, vocal bulls for Solana (+9%) and XRP (+22%) have been in celebration mode as they have separated their lead over other top cap assets like Toncoin, Dogecoin, and Cardano.

Bitcoin and Ethereum also saw an increased level of discussion rate, which was sparked by the July 4th bottom (initially out of fear) and July 29th top (led by a huge level of FOMO). And of course, the launch of Ethereum's 9 new Spot ETF's led to a major uptick in ETH talk during the third week of July:

While some metrics, like Bitcoin's network activity, remained strong, the overall sentiment was one of waiting and watching—waiting for the next catalyst that could