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The US GENIUS Act helped drive the overall transaction volume of stablecoins in July, according to a report by Sentora Research.
The surge in onchain activity pushed stablecoin transactions to $1.5T, which marked a new all-time high for the sector. The total transaction volume went up 19% compared to the previous month.
The new legislation provides greater clarity on stablecoins and other digital assets, thus easing institutional and retail fears about the sector and boosting adoption.
We can also expect some of the new retail attention to expand to other altcoins on Ethereum.
Read on for the full context and the best crypto to buy amid the stablecoin and altcoin boom.
Sentora Research revealed in its latest report that the transaction volume of stablecoins broke the $1.5T mark in July.
This surpasses the previous ATH of $1.4T set in August last year, and marks a considerable rebound from the $1.26T recorded in June, 2025.
Circle’s $USDC stablecoin led the market in July with over $748B, which accounts for nearly 50% of the total volume during the period.
Meanwhile, Tether’s $USDT came in second with $420B, or 28% of the volume.
The surge in stablecoin activity can be attributed to the signing of the GENIUS Act into law on July 18. This provided the regulatory framework for stablecoins, which boosted their stability and trust among consumers.
In fact, some emerging altcoins are already booming in pre-market, having raised millions from early adopters. Here are some of the freshest examples.
Snorter Token ($SNORT) is currently beta-testing a Telegram trading bot that helps users sniff, snipe, and lock in profits with automated commands.
Think about it: the crypto market is vast and confusing. Finding new opportunities is notoriously difficult. You also need to do ample research just to avoid getting scammed by the hundreds of rigged tokens coming out every day.
The user-friendly Snorter Bot, which will be compatible with the Ethereum, Solana, and Base networks, could take care of it all.
It automatically detects and grabs the top new performers, helping you get ahead of other bots and whales. For peace of mind, Snorter Bot also detects and blocks scams like honeypots and rug-pulls.
When the project goes live, its native $SNORT token will ensure exclusive holder access and voting rights within the ecosystem.
$SNORT is currently on presale for only $0.1003. It also offers dynamic staking rewards, currently at 155% APY, for those who want to multiply their tokens passively.
Visit the official Snorter Token website for more information.
Best Wallet Token ($BEST) is the native token of an emerging digital crypto wallet. Currently on presale, the token is a fundraising project for the development of Best Wallet.
Whether you want to hold Bitcoin, altcoins, stablecoins, or meme coins, you need a secure place to store them. This is where Best Wallet comes in.
It’s a crypto wallet for your iOS and Android device that makes it convenient to store, sell, swap, and trade cryptocurrencies, even as a complete beginner.
It also comes with a ‘Token Launchpad,’ where you can find other crypto presales before they hit exchanges.
When out and tradable, the $BEST token will give holders exclusive benefits within the wallet ecosystem:
To learn more about $BEST’s growth potential, we suggest reading our Best Wallet Token price prediction.
Or visit the Best Wallet Token presale page for more details.
Bitcoin Penguins ($BPENGU) brings something different. It’s not a flashy tech project like $SNORT or $BEST – just a purely meme-based project, inspired by the famous Pudgy Penguins NFT collection.
Its main goal is community building, with a target of 10M holders and over $10B in fully diluted market volume by Q4, 2025.
The ICO runs from July 28 to August 27, with the first listing scheduled 72 hours after the presale ends.
There are also 15 price milestones, with the token’s price increasing by 5% on each stage. $BPENGU is currently priced at $0.00128.
Taking a page from Pudgy Penguin’s success, Bitcoin Penguins also has a roadmap that includes toy manufacturer partnerships.
This is planned in Q4 2025, after $BPENGU hopefully reaches its price target of $2 and announces its BTC/BPENGU trading pair.
With the stablecoin market volume hitting a new ATH in July, it’s safe to say that things will only go up from here.
Thanks to the GENIUS Act, investors and consumers now have more confidence to hold and trade stablecoins.
This can also have a positive impact on the altcoin market as a whole, including some of the emerging utility projects on Ethereum, such as Best Wallet Token ($BEST) and Snorter Token ($SNORT).
