Daily Degen
July 24, 2025

AXL and SYRUP Surge While PUMP Tanks

As the crypto market meanders sideways, pockets of strong movement reveal a deeper shift underway. Today saw AXL and SYRUP leading the rally while speculative meme coins suffered devastating losses. What exactly is going on under the hood—and what are the smart money moves ahead?

AXL and SYRUP soared over 11%, showing strength in utility-driven DeFi tokens. Meanwhile, PUMP collapsed 26%, marking a turning tide for meme coins. Traders are rotating into projects with real yield and long-term sustainability. Twitter sentiment supports this DeFi revival.

Movers and Shakers

Today's Top Gainers:
Top 7-Day Gainers:
AXL (12.23%), SYRUP (11.88%), CVX (11.56%), USELESS (9.173%), QUBIC (9.100%)
Today's Top Losers:
Top 7-Day Losers:
PUMP (-26.8%), MOVE (-16.0%), SAROS (-8.90%), VIRTUAL (-8.35%), FARTCOIN (-8.25%)

Market Recap: A Tale of Two Tokens

If today's crypto spread were a buffet, AXL and SYRUP would be the sweet desserts everyone’s piling onto their plates, while PUMP and FARTCOIN would be the suspicious leftovers folks avoid. As of this morning, AXL surged an impressive 12.23%, followed closely by SYRUP at 11.88% and CVX at 11.56%. On the flip side, PUMP deflated by a whopping -26.8% and MOVE stumbled -16%.

The top gainers are part of a broader trend toward utility-rich tokens, while the top losers largely reflect a rapidly cooling memecoin season. It's telling that despite macro market sideways action, there's been no shortage of volatility among the outliers, particularly in newer DeFi and liquidity-focused tokens.

Twitter Chatter: Meme Fatigue & DeFi Rotation

The noise on Crypto Twitter today is all about fatigue. Memecoin momentum has officially hit a wall, and sentiment is shifting from 'number go up' narrative-driven buys to tangible project performance. Traders are buzzing about how tokens like AXL and CVX are gaining traction because of renewed emphasis on liquid restaking protocols and yield strategies—areas where the projects have clear technical advantages.

One user quipped: “I put $10,000 into PUMP and now I’ve got enough left to buy a FARTCOIN sticker.” Jokes aside, that tweet echoes the broader sense of disillusionment with reflexive pump-and-dumps and the resurgence of appetite for platforms building sustainable yield layers, like CVX.

AXL, SYRUP, and the Rotation to ‘Real Yield’

AXL’s 12.23% rally appears to be powered by its expanding cross-chain infra narrative. New chatter suggests the team behind AXL may be close to announcing a multichain partnership to solve bridging bottlenecks—an evergreen pain point in crypto. As cross-chain capital flow increases, so does attention for infrastructure coins.

SYRUP’s 11.88% gain is no less intriguing. Originally dismissed as another sweetly named DeFi play, SYRUP has quietly become a favorite among LPs chasing higher APRs in lesser-known farming pairs. Social sentiment is up, particularly in emerging DeFi Telegram channels, with mentions of the token’s yield compounding mechanics skyrocketing over the last 48 hours.

Meme Meltdown: Why PUMP and FARTCOIN Are Dumping

PUMP’s -26.8% crash today is the biggest red flag across the market. Losing a quarter of its value as volume evaporates tells us one thing: the gold rush is over. The memecoin sector, once driven by viral fervor and community memes, is now rapidly losing ground as liquidity shifts elsewhere.

Similarly, FARTCOIN’s -8.25% fall underscores a market segment dehydrated of fresh hype. Despite humorous branding and occasional mini rallies, traders seem to prefer projects with tokens that work, earn, or at least roadmap to something more than giggles and gifs.

CVX and the Quiet Return of DeFi Whales

CVX, which popped 11.56%, is basking in renewed attention as DeFi whales rotate back into yield aggregation. Boosted TVL growth and better-than-expected emissions from Curve have likely helped CVX claw out of its months-long drawdown. This could also be the beginning of a sustained trend back into large-cap DeFi blue chips, particularly as stablecoin yields reset higher and real-world assets find new on-chain homes.

What’s Driving the Winners?

It’s all about narratives with something to back them. Not in the 'narrative over numbers' way of memecoins, but actual utility gossip. AXL is onboarding layer-zero interoperability drama, SYRUP is sweetening DeFi again, and CVX is quietly building up its vault ecosystem. Meanwhile, QUBIC and USELESS—up 9.1% and 9.17% respectively—are benefiting from clever tokenomics and, crucially, not having recently rugged.

Looking Forward: Signals in the Noise

With memecoins falling out of favor and DeFi projects regaining alpha-seeking capital, we could be at the early stages of a quality rotation. Add to that the chatter about upcoming ETH L2 integrations with cross-chain bridging tokens, and we might soon see growth resume in some of the most undervalued DeFi corners.

That said, don’t count out future pumps. Crypto is cyclical. But there’s enough data today to suggest that if you're hunting for sustainable alpha, the tools of 2021 (LPs, yield strategies, governance leanings) are back in style—just updated for this more cynical, bear-season-savvy generation.

Market Recap: A Tale of Two Tokens

If today's crypto spread were a buffet, AXL and SYRUP would be the sweet desserts everyone’s piling onto their plates, while PUMP and FARTCOIN would be the suspicious leftovers folks avoid. As of this morning, AXL surged an impressive 12.23%, followed closely by SYRUP at 11.88% and CVX at 11.56%. On the flip side, PUMP deflated by a whopping -26.8% and MOVE stumbled -16%.

The top gainers are part of a broader trend toward utility-rich tokens, while the top losers largely reflect a rapidly cooling memecoin season. It's telling that despite macro market sideways action, there's been no shortage of volatility among the outliers, particularly in newer DeFi and liquidity-focused tokens.

Twitter Chatter: Meme Fatigue & DeFi Rotation

The noise on Crypto Twitter today is all about fatigue. Memecoin momentum has officially hit a wall, and sentiment is shifting from 'number go up' narrative-driven buys to tangible project performance. Traders are buzzing about how tokens like AXL and CVX are gaining traction because of renewed emphasis on liquid restaking protocols and yield strategies—areas where the projects have clear technical advantages.

One user quipped: “I put $10,000 into PUMP and now I’ve got enough left to buy a FARTCOIN sticker.” Jokes aside, that tweet echoes the broader sense of disillusionment with reflexive pump-and-dumps and the resurgence of appetite for platforms building sustainable yield layers, like CVX.

AXL, SYRUP, and the Rotation to ‘Real Yield’

AXL’s 12.23% rally appears to be powered by its expanding cross-chain infra narrative. New chatter suggests the team behind AXL may be close to announcing a multichain partnership to solve bridging bottlenecks—an evergreen pain point in crypto. As cross-chain capital flow increases, so does attention for infrastructure coins.

SYRUP’s 11.88% gain is no less intriguing. Originally dismissed as another sweetly named DeFi play, SYRUP has quietly become a favorite among LPs chasing higher APRs in lesser-known farming pairs. Social sentiment is up, particularly in emerging DeFi Telegram channels, with mentions of the token’s yield compounding mechanics skyrocketing over the last 48 hours.

Meme Meltdown: Why PUMP and FARTCOIN Are Dumping

PUMP’s -26.8% crash today is the biggest red flag across the market. Losing a quarter of its value as volume evaporates tells us one thing: the gold rush is over. The memecoin sector, once driven by viral fervor and community memes, is now rapidly losing ground as liquidity shifts elsewhere.

Similarly, FARTCOIN’s -8.25% fall underscores a market segment dehydrated of fresh hype. Despite humorous branding and occasional mini rallies, traders seem to prefer projects with tokens that work, earn, or at least roadmap to something more than giggles and gifs.

CVX and the Quiet Return of DeFi Whales

CVX, which popped 11.56%, is basking in renewed attention as DeFi whales rotate back into yield aggregation. Boosted TVL growth and better-than-expected emissions from Curve have likely helped CVX claw out of its months-long drawdown. This could also be the beginning of a sustained trend back into large-cap DeFi blue chips, particularly as stablecoin yields reset higher and real-world assets find new on-chain homes.

What’s Driving the Winners?

It’s all about narratives with something to back them. Not in the 'narrative over numbers' way of memecoins, but actual utility gossip. AXL is onboarding layer-zero interoperability drama, SYRUP is sweetening DeFi again, and CVX is quietly building up its vault ecosystem. Meanwhile, QUBIC and USELESS—up 9.1% and 9.17% respectively—are benefiting from clever tokenomics and, crucially, not having recently rugged.

Looking Forward: Signals in the Noise

With memecoins falling out of favor and DeFi projects regaining alpha-seeking capital, we could be at the early stages of a quality rotation. Add to that the chatter about upcoming ETH L2 integrations with cross-chain bridging tokens, and we might soon see growth resume in some of the most undervalued DeFi corners.

That said, don’t count out future pumps. Crypto is cyclical. But there’s enough data today to suggest that if you're hunting for sustainable alpha, the tools of 2021 (LPs, yield strategies, governance leanings) are back in style—just updated for this more cynical, bear-season-savvy generation.

Newsworthy

Multiple unconfirmed sources are hinting that AXL is entering a cross-chain partnership aimed at solving major bridge friction—if true, expect a narrative climb. CVX appears to be catching institutional attention again, seen in volume clusters aligning with whale wallets re-entering positions.

Pro-Tip:

Watch DeFi tokens showing positive TVL growth and high-yield vaults—these are increasingly becoming the safe haven for rotational plays while memecoin momentum dies off. Follow whale flows into blue-chip protocols and avoid buying into the last meme wave.

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Disclaimer: The content of this article is for general market education and commentary and is not intended to serve as financial, investment, or any other type of advice.

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