[//]:content-type-MARKDOWN-DONOT-DELETE ![](https://gimg2.gateimg.com/image/ann_en202507301240212742574439.webp) * Market Overview: On July 30, the crypto market traded sideways with BTC ranging between 117,800 and 118,200 USDT amid low volume. MACD showed early signs of bullish momentum. ETH showed relative strength, reclaiming the 3,800 USDT level. Altcoins saw mixed performance as sector rotation continued. The Fear & Greed Index rose to 74, reflecting optimistic sentiment without signs of overheating. U.S. equities pulled back slightly, with all major indexes closing in the red, pointing to a broadly neutral macro outlook. * Trending Tokens: PUMP surged 16.42% as the platform continued its token buyback program using trading fee revenues, with cumulative buybacks exceeding $21.5 million, fueling short-term market enthusiasm. ZBCN rose 15.87% after Zebec announced its payment card product has integrated with its 15th blockchain, Octa.Space. The expansion of multi-chain use cases has driven the token's upward momentum. XDC climbed 11.37%, supported by a new exchange listing and a concurrent RWA-themed online campaign, advancing its enterprise adoption and attracting increased market attention. * Alpha Insights: The Bank of Korea has established a virtual asset task force to address legislative developments around KRW-backed stablecoins. Official involvement aims to accelerate the creation of a regulatory framework and streamline compliance efforts. eToro announced the launch of tokenized U.S. equities on Ethereum, with 24/5 trading access—marking another step forward in the real-world asset (RWA) adoption trend. Linea-based DEX project Etherex revealed it will launch its native token, REX, on August 6. With liquidity infrastructure accelerating, the ecosystem continues to expand. Discover more details today → Bank of Korea Establishes Virtual Asset Task Force | eToro Launches Tokenized U.S. Stocks on Ethereum Gate Research is a comprehensive blockchain and cryptocurrency research platform that provides deep content for readers, including technical analysis, market insights, industry research, trend forecasting, and macroeconomic policy analysis. **Disclaimer** Investing in cryptocurrency markets involves high risk. Users are advised to conduct their own research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages arising from such decisions. Gate Team July 30, 2025 **Gateway to Crypto** Trade over 3,500 cryptocurrencies safely, quickly, and easily on Gate **Take Action Now** Sign up and claim up to $10,000 in welcome rewards Invite friends and earn a 40% commission **Stay Connected** Visit Gate's official website Download the Gate App | Desktop Follow us on X (Twitter) to get more bonuses Join our Telegram community to discuss trending topics Engage with our global community for the latest insights **Transparency & Security** Check our 100% Proof of Reserves

Gate Research: Bank of Korea Establishes Virtual Asset Task Force | eToro Launches Tokenized U.S. Stocks on Ethereum