Crypto Market Soars: READY & REACT Surge 30% Today

What Happened in the Crypto Market Today: TRON Expands with PayPal and NEAR Integration

The global cryptocurrency market continues to shift and evolve, with today’s developments centered on TRON’s deepening partnerships and broader market momentum. As the total crypto market cap hovers around $4.32 trillion, up about 1.1% in the past 24 hours, activity across leading assets is reinforcing bullish sentiment.

Bitcoin now commands approximately 57.2% of the market share, with Ethereum at 12.7%. Meanwhile, ecosystems tied to Polkadot, XRP, and TRON are gaining attention. Amid this, two major collaborations are thrusting TRON into the spotlight: TRON’s integration with PayPal USD (PYUSD) through LayerZero, and its cross-chain stablecoin interoperability with NEAR Protocol.

Market Snapshot: Lead Movers and Sentiment Indicators

Bitcoin (BTC) is trading near $124,005, up about 1.3% over 24 hours, with daily trading volume exceeding $76 billion, reflecting sustained institutional and retail interest. Among trending altcoins, Manyu (MANYU) rose 5.2%, Plasma (XPL) surged 7.4%, while Aster (ASTER) retreated 3.8%. Leading gainers include 4 (4), which jumped 34.8%, Ready (READY) up 30.1%, and Reactive Network (REACT) up 28.2%. Meanwhile, JELLYJELLY, DeAgentAI (AIA), and MYX Finance (MYX) faced sharp declines between 18% and 20%.

Source: Forex Factory

The decentralized finance (DeFi) market holds a combined market cap near $170 billion, while stablecoins collectively stand at $308 billion, reflecting stability in liquidity and usage.

Investor sentiment leans optimistic, with the Fear and Greed Index reading 71 (Greed) — slightly down from yesterday’s 74 but still stronger compared to past weeks. This shows that confidence among investors remains high as risk appetite continues to grow.

Macro and Regulatory Watch

Global macroeconomic factors remain crucial to market direction. This week’s calendar includes U.S. inflation expectations on Tuesday, Federal Reserve minutes on Wednesday, and Fed Chair Jerome Powell’s speech on Thursday. Friday is expected to bring reports on consumer sentiment and job data, depending on whether the U.S. government shutdown situation resolves.

On the regulatory front, Ripple Labs continues to make headlines as it seeks a national trust bank charter from the Office of the Comptroller of the Currency (OCC) for its entity, Ripple National Trust Bank. The filing, dated July 3, 2025, aims to oversee RLUSD stablecoin reserves and fiduciary services. The OCC review process typically lasts 120 days.

However, the Independent Community Bankers of America (ICBA) has voiced opposition to Ripple’s application, warning that such a charter could introduce systemic risks if regulatory frameworks for digital asset banks are not strengthened. This highlights growing tension between innovation and compliance in the evolving crypto-banking landscape.

TRON’s Bold Moves: PayPal USD Integration and NEAR Cross-Chain Bridge

TRON’s recent strategic alliances could redefine its position as a global payments infrastructure.

PayPal USD (PYUSD) has officially been integrated into the TRON network as PYUSD0, using LayerZero’s Stargate Hydra technology and the Omnichain Fungible Token (OFT) standard. This move allows for seamless cross-chain transactions without user intervention.

The integration means that PYUSD, PayPal’s U.S. dollar-pegged stablecoin, can now circulate on TRON’s blockchain, offering users a faster and cheaper method for transferring stable value globally. TRON founder Justin Sun highlighted that this development aligns with the network’s mission to expand global access to efficient digital finance.

This marks a broader expansion strategy for PYUSD, which is gradually being deployed across multiple blockchain ecosystems including Ethereum, Solana, Arbitrum, Stellar, Avalanche, and now TRON and Aptos. Analysts believe this move could position PYUSD as one of the most versatile and widely adopted stablecoins across multiple networks.

Meanwhile, TRON has also announced a partnership with NEAR Protocol, leveraging NEAR Intents — a system designed to simplify cross-chain operations by allowing users to issue transaction “intents” that can be automatically fulfilled by infrastructure providers.

This collaboration enables frictionless cross-chain stablecoin transfers between TRON and NEAR, eliminating the need for traditional bridging mechanisms. For users, this means lower fees, faster settlements, and a more secure experience when moving digital assets across chains.

Industry observers say this integration underscores a growing trend: interoperability. As blockchain ecosystems increasingly interact, the focus is shifting from individual chain performance to the overall connectivity and user experience across the Web3 landscape.

Why These Moves Matter

1. Boost in Stablecoin Utility
   By enabling PayPal’s stablecoin to operate on TRON and facilitating transfers via NEAR, these developments strengthen the case for stablecoins as a mainstream tool for payments and settlements.

2. Advancing Interoperability
   The TRON–NEAR partnership demonstrates that blockchain collaboration can overcome technical silos. It signals a future where users no longer need to think about which network they are using to move digital money.

3. Strengthening Institutional Confidence
   TRON’s integration with PayPal’s stablecoin brings significant credibility to its ecosystem. The association with a globally recognized payment brand could attract more institutional interest and partnerships.

4. Enhancing User Experience
   The ability to conduct cross-chain transfers without complex steps reduces friction for users and developers. This could accelerate adoption among everyday users and fintech applications.

5. Catalyzing DeFi Growth
   With more liquidity and stablecoin access, TRON’s decentralized finance ecosystem could see greater trading volumes, more lending activity, and expanded use cases in decentralized exchanges and yield protocols.

Risks and Challenges

Despite the optimism, several factors could influence how these integrations perform in practice.

• Regulatory Oversight: As stablecoin regulation becomes more prominent globally, PayPal and TRON must ensure full transparency and compliance with reserve audits and consumer protection measures.

• Network Performance: With higher transaction volumes expected, TRON will need to maintain its speed and cost-efficiency without network congestion.

• Market Adoption: Technical readiness doesn’t guarantee usage. Actual adoption by users, merchants, and DeFi protocols will determine the long-term impact of these collaborations.

• Geopolitical Factors: As stablecoins gain traction in cross-border finance, government scrutiny around capital controls and AML (anti-money laundering) measures could tighten.

Market Outlook and Future Developments

Looking ahead, analysts are watching how TRON’s partnership with PayPal and NEAR will influence broader stablecoin trends. If adoption accelerates, TRON could emerge as one of the leading settlement layers for digital payments, especially in emerging markets.

Investors are also keeping an eye on Ripple’s OCC application, as its approval could set a major precedent for how blockchain firms operate as federally chartered financial institutions. Additionally, upcoming data from the Federal Reserve this week could impact Bitcoin’s short-term momentum, particularly if inflation data diverges from expectations.

Source: Alternative Me

With Bitcoin holding firm above $124,000 and Ethereum maintaining its share of the market, optimism continues to drive sentiment across the sector. Institutional adoption — once a speculative dream — is now becoming a reality, as traditional finance giants like BlackRock, Fidelity, and Morgan Stanley continue expanding their digital asset exposure.

TRON’s latest achievements reinforce the notion that the future of crypto will not belong to isolated blockchains but to interconnected ecosystems capable of supporting seamless, borderless finance.

Writer @Ellena

Erlin is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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