A high-volatility day unfolded across both traditional and crypto markets, fueled by the U.S. court’s decision to block sweeping tariffs and crypto-specific tailwinds like Solana-based airdrops and altcoin momentum. SPX6900 surged as investors responded to the tech upgrade and broader equity optimism post-ruling, while Tellor (TRB) and Status (SNT) saw explosive gains amid speculative flows.
Bubblemaps (BMT) capitalized on the growing demand for on-chain transparency with its V2 launch, and WalletConnect Token (WCT) rode anticipation around its Solana expansion and upcoming token claims. Together, these assets reveal how narratives in both macroeconomics and multichain crypto are shaping trading behavior today.
Tellor (TRB)
Price Change (24H): +33.09% Current Price: $63.65
What happened today
Tellor surged over 33% on speculative momentum, breaking above the critical 127.2% Fibonacci level ($64.30). Despite the absence of fundamental news, traders chased a technical breakout backed by bullish MACD and RSI signals. Whale dominance (77% of supply) and high turnover (2.69x) further amplified the move, making TRB one of the most volatile assets of the day. The rally also stands out in contrast to broader “Bitcoin Season” trends, showing isolated altcoin strength.
Market Cap: $169.7M 24-Hour Trading Volume: $460.33M Circulating Supply: 2.66M TRB
Status (SNT)
Price Change (24H): +29.56% Current Price: $0.05041
What happened today
Status saw a sharp 29.5% increase, largely driven by technical momentum. The RSI-7 hitting 84.5 and a MACD crossover suggest aggressive short-term buying. Despite no new announcements, volume rose 159%, indicating heightened speculative interest. SNT’s liquidity profile (24H turnover ratio: 0.95) makes it responsive to such sentiment swings. Whale control remains high, with 83% of the supply held by the top 10 wallets.
Market Cap: $201.72M 24-Hour Trading Volume: $191.33M Circulating Supply: 4B SNT
WalletConnect Token (WCT)
Price Change (24H): +25.28% Current Price: $1.15
What happened today
WCT jumped over 25% after the WalletConnect Foundation confirmed airdrop eligibility for Jupiter stakers, tying into WCT’s expansion to Solana. The move adds to the bullish momentum following a 276% rally since mid-April. Anticipation around multichain support and the upcoming 5 million token claim via Solana wallets like Phantom and Backpack drove demand.
Market Cap: $215.98M 24-Hour Trading Volume: $689.78M Circulating Supply: 186.2M WCT
Bubblemaps (BMT)
Price Change (24H): +19.07% Current Price: $0.1118
What happened today
Bubblemaps launched its V2 platform, extending InfoFi capabilities across Ethereum, Solana, Base, and BNB Chain. The upgrade introduces Magic Nodes and Time Travel features enabling forensic-grade visual analysis of wallet behavior. With Solana integration and rising institutional interest in InfoFi, Bubblemaps’ role as an on-chain analytics layer is expanding, driving today’s price rally.
Market Cap: $36.41M 24-Hour Trading Volume: $70.2M Circulating Supply: 325.56M BMT
SPX6900 (SPX)
Price Change (24H): +15.41% Current Price: $1.10
What happened today
SPX6900 rallied on news of a tech protocol upgrade and a whale purchase, reigniting interest in the cryptography-focused token. With technicals flashing strong signals (MACD crossover, RSI at 70.84) and momentum building, traders rushed in. The Fear & Greed Index at 74 also points to elevated risk appetite. This price move has outpaced typical S&P volatility, signaling both potential and danger, especially on leveraged platforms.
Market Cap: $1.03B 24-Hour Trading Volume: $91.79M Circulating Supply: 930.99M SPX
Global Market Snapshot
Markets opened with cautious optimism following legal and political developments in the U.S. crypto regulation space. Representative Bryan Steil warned lawmakers against attaching unrelated provisions to upcoming crypto bills, pushing for faster passage of the GENIUS Act and the FIT21 follow-up. With bipartisan alignment improving, the path for clearer U.S. crypto frameworks is becoming more realistic.
Meanwhile, DeepSeek released an upgraded AI model without fanfare yet the implications were loud. The stealth release of R1’s improved version sparked fears of accelerated Chinese AI advancement, with global tech markets reacting sharply. U.S. chipmakers and AI developers like Nvidia saw volatility return after a brief period of stability.
On the trade front, a federal court ruling blocked Trump’s sweeping tariffs, challenging the administration’s legal strategy under IEEPA. Though the White House is expected to find legal workarounds, the ruling has already boosted global equities, with the Dow and S&P 500 futures in the green.
Closing Thoughts
The intersection of macro legal shifts and crypto infrastructure upgrades defined market activity today. The U.S. court’s halt on Trump-era tariffs injected optimism into global equities, pushing the dollar and equity futures upward, while in crypto, that momentum carried over to altcoins with strong technical setups or upcoming ecosystem milestones. SPX6900's sharp reaction to its protocol upgrade shows how macro-friendly sentiment can amplify localized catalysts, especially when paired with speculative leverage platforms.
In crypto, participation concentrated in low- to mid-cap tokens offering event-based upside, from TRB’s technical breakout to WCT’s eligibility expansion. Activity in InfoFi platforms like Bubblemaps indicates growing user preference for real-time, transparent analytics across chains, aligning with a broader trend toward structured data in DeFi. While volatility remains high, today’s flows reflect a market hungry for momentum, fueled by both legislative clarity and multichain innovation.