Ndax Weekly TL;DR July 28

Every Monday, we cover the latest developments and trends in the dynamic and ever-evolving world of cryptocurrency. From price movements, industry news and our favorite resources, we strive to provide our readers with a comprehensive overview of the crypto landscape. 

Happy Monday, Ndaxers— Here’s what happened last week:

Top Stories

  • Solana Boosts Block Capacity by 20% to Enhance Network Performance
  • Dogecoin Eyes Major Upgrade with Zero-Knowledge Proof Integration
  • Ethereum Celebrates 10-Year Anniversary with Symbolic 'Torch' NFT, Prepares Fusaka Upgrade

Solana developers have raised the network's block limit from 50 million to 60 million compute units (CUs), a 20% increase aimed at supporting higher transaction volumes and improving overall performance. This upgrade is part of a strategic plan to address execution bottlenecks experienced during peak activity periods. Further expansions to 100 million and eventually 120 million CUs are planned, enhancing the network's ability to handle more complex applications and reduce fees. CryptoSlate

DogeOS has proposed integrating zero-knowledge proofs (ZKP) into Dogecoin, aiming to unlock advanced smart contract functionality and Ethereum interoperability. The proposed upgrade would expand Dogecoin beyond simple payments, enabling confidential transactions, decentralized apps, NFTs, and scalable solutions like zk-rollups. Dogecoin Foundation leaders support the move, highlighting its potential to significantly enhance the blockchain’s utility and scalability while maintaining its simplicity and community ethos. CryptoSlate

Ethereum marked its 10th anniversary by launching a symbolic "Torch" NFT, traveling among influential community members worldwide, concluding on July 30 with a commemorative token release. Meanwhile, Ethereum developers are preparing the Fusaka upgrade for November 2025, aiming to enhance network scalability and robustness through several Ethereum Improvement Proposals (EIPs). A comprehensive testing phase, including two testnets and a stress test, is currently underway ahead of the mainnet launch. CryptoSlate

Latest News

Latest News

Ndax's news feature provides the latest news, stories, and trends to help you keep your hand on the pulse of crypto and blockchain.

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News Nuggets

  • Trump says Canada trade talks stalled, hints tariffs may be inevitable ahead of Aug. 1 deadline Yahoo Finance
  • 21Shares Files for First Spot Ondo ETF with SEC Cointelegraph
  • Strategy Expands Preferred Stock Sale to $2B to Boost Bitcoin Holdings CryptoSlate
  • Social Media Influencer Gets 8.5 Years for Helping North Korea Evade IT Sanctions Cryptonews
  • Senator Lummis Says US 'Waking Up' on Crypto After Key Legislative Wins Cointelegraph
  • TON Foundation Seeks $400M to Launch Public Treasury for Toncoin Accumulation CryptoSlate
  • Vietnam Launches National Blockchain Platform to Boost Digital Economy crypto news
  • JPMorgan Chase to launch crypto-backed loans after GENIUS Act approval CryptoSlate
  • FTX to initiate $1.9B creditor repayments in September as disputed claims resolved Cointelegraph

Weekly Moves

As of 07-28-2025 at 9:00 AM EDT
 

Market Summary

  • Over the past seven days, the global cryptocurrency market capitalization has increased from CA$5.39 trillion to CA$5.41 trillion.
  • Bitcoin's market dominance stands at 60.0%, while Ethereum's share is 11.9%. 

Performance

  • Over the past 24 hours, the price of BTC has fluctuated between CA$162K and CA$164K registering a 0.26% change over the past week and a market cap of CA$3.2 trillion. At Ndax, the weekly movers are ENA, which saw a 35% increase in the last seven days reaching a market cap of CA$5.9 billion, and QNT, which experienced a 5.96% rise with a market cap of CA$2.6 billion. (At time of writing)

Visit our new markets page offering real-time data for almost 17,000 cryptocurrencies. Track trends, monitor your favorite cryptocurrencies, and stay ahead of the market. 
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Upcoming Events

  • July 30 – US Interest Rate Announcement
  • July 31 – US Core PCE Index
  • July 31 – Canada Interest Rate Announcement 

From Ndax Lighthouse

This week in our educational blog, we explore support and resistance levels, foundational concepts in crypto trading and technical analysis. By reading this article, you'll gain a clearer understanding of what support and resistance levels are, why traders pay attention to them, and how to identify these key points using tools like horizontal lines, trendlines, moving averages, and Fibonacci retracements.To learn more, click here.

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Happy trading, 
The team at Ndax


Don't forget to follow us on social media for more updates and join the conversation on our forums.

Disclaimer: This article is not intended to provide investment, legal, accounting, tax or any other advice and should not be relied on in that or any other regard. The information contained herein is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of cryptocurrencies or otherwise.