Crypto Market Updates, GameFi, DeFi, NFTs & Web3 – June 10, 2025

Stock market information for Bitcoin (BTC)

• Bitcoin is a crypto in the CRYPTO market.

• The price is 108615.0 USD currently with a change of -173.00 USD (-0.00%) from the previous close.

• The intraday high is 110277.0 USD and the intraday low is 108615.0 USD.

Stock market information for Ethereum (ETH)

• Ethereum is a crypto in the CRYPTO market.

• The price is 2810.28 USD currently with a change of 66.04 USD (0.02%) from the previous close.

• The intraday high is 2871.3 USD and the intraday low is 2741.03 USD.

Crypto Market Updates

• Bitcoin surges above $110K amid US inflation anticipation and US-China trade optimism, briefly hitting $110,500 on June 10, with several short positions liquidated and total market cap reaching ~$3.41 trillion (livemint.com).

• Altcoins rally strongly, with Ethereum gaining ~9%, Solana +4%, XRP +2%, UNI and AAVE boosted by positive SEC DeFi commentary (coindesk.com).

• Institutional inflows drive the rally, supported by easing regulatory concerns—98 of the top 100 coins were green, crypto market cap rose ~1.8% to $3.54 trillion on $126 billion of volume.

• Macro linkages remain pivotal: analysts warn that sustained gains depend on broader market drivers—they highlighted short-term risks without strong catalysts (barrons.com).

Play‑To‑Earn & GameFi

• Avalanche sees major GameFi activity, with MapleStory’s Web3 launch pushing daily transactions above 1 million, marking growing engagement.

• MEXC launches Alpha Trading Zone, offering GameFi users rewards (20 USDT airdrops, leaderboard incentives) from June 10 to July 10.

• Decentralized AI agents in GameFi are gaining attention in academia—research outlines embedding LLM-powered NPCs to bolster immersion and economy.

• Farcaster integrates Hyperliquid, enabling token swaps within its Web3 social-app ecosystem, improving GameFi mechanics integration.

DeFi

• XION launches USDC gas fee support, allowing Layer‑1 users to pay fees in USDC directly, eliminating native token complexity.

• Farcaster’s Hyperliquid integration also enhances DeFi user experience by facilitating effortless token swapping.

• SEC DeFi-positive messaging helped spur AAVE and UNI price surges, reinforcing investor confidence in decentralized finance.

• Mutuum Finance spotlighted as a top DeFi pick—a community-favored, permissionless lending protocol on Ethereum.

NFTs & Web3

• Unstoppable Domains expands Web3 identity, now ICANN-accredited for .com registrations and powering decentralized domain names and identity infrastructure.

• MapleStory’s Avalanche-based Web3 launch intersects NFT-driven gaming, marking increased digital asset utility in gaming ecosystems.

• Farcaster’s Hyperliquid upgrade ties into Web3 wallet/mini-app spaces with token swap support.

• Academic alert: NFT cybersquatting scams analyzed, revealing ~8,000 illicit collections and ~$59M exploited, marking rising security concerns (arxiv.org).

Web3 General Developments

• Coinbase survey shows 81% of crypto-aware SMBs and a growing share of Fortune 500s are exploring stablecoin integrations, signaling enterprise-level attention.

• HTX’s “Crypto Gem Hunt #6” launched to spotlight growing RWA, DeFi, AI, Meme, LSD & SocialFi assets in a volatile market.

• Bullish files confidentially for US IPO, backed by Peter Thiel—adding to the wave of crypto exchanges going public under pro-crypto administration.

• Brian Quintenz to chair CFTC, Senate gearing up for review—his background with a16z and crypto regulators suggests likely pro‑DeFi outlook.

Latest crypto projects launched or announced on June 10, 2025

• USD CoinVertible

A dollar-backed stablecoin from Societe Generale’s crypto arm SG‑FORGE, set to go live on Ethereum & Solana. Public trading begins in July, with BNY Mellon as custodian.

• VERSE (VerseWorld)

Launched June 10 on Solana via Pump.fun, VERSE hit a $1 billion market cap within minutes—fueling its metaverse ecosystem with staking, governance, in-game utility & creator rewards.

• Solaxy / SOLX (Solana Layer‑2)

While still in presale/testnet, Solaxy prepares for its mainnet launch later this month. The project promises modular L2 scaling, 10K TPS & zero‑knowledge rollups, having already raised ~$47 million.

• Bitcoin Hyper (HYPER)

Another presale-stage Layer‑2 on Bitcoin, combining ZK‑proofs, settlement bridges, and a native HYPER token with ~$1 million raised so far.

• The Last Dwarfs (TLD)

CoinCentral reports TLD as one of the top-performing presales on June 10, emerging as "best crypto presale in 2025".

• EarthMeta (EMT)

Highlighted on June 10 as a leading “hot pick,” EarthMeta adds AR-based metaverse land ownership with governance and NFTs—token currently live (disruptafrica.com).

Top Gainers (24 h ending June 10)

1. Axelar (AXL) surged by ~60–88%, leading all gainers thanks to a sharp spike in volume and strong trader interest.

2. Zeta (ZETA) rose roughly 38%, continuing its strong upward trend into June 10.

3. Myria (MYRIA) climbed about 35% in response to positive project updates.

4. Ethereum (ETH) outperformed most large‑caps with a ~7–9% gain, briefly touching $2,800.

5. Compound (COMP) also posted strong returns (+29%) among top-cap movers.

Top Losers (24 h ending June 10)

1. EOS declined by ~20.7%, facing technical weakness and profit-taking pressure.

2. Ultima dropped approximately 7.2%, likely a result of broader market rotations.

3. Zebec Network (ZBCN) slumped, among the largest decliners in its bracket.

4. Beldex & UNUS SED LEO also showed moderate losses, rounding out the day's notable underperformers.

Notable Growing Themes:

• Altcoin surge: Ethereum, Solana, XRP, and others contributed to a 4% gain in total market capitalization (~$3.4 trillion).

• Alt‑season intensifies: 47 of the 56 top altcoins surpassed Bitcoin’s performance threshold over the past day (coinpedia.org).

Summary

• Crypto markets: Strong bullish moves across the board, though reliant on macroeconomic events.

• GameFi/NFTs/Web3: Innovation and integration are accelerating, blending gaming, DeFi and identity.

• Regulation & enterprise: Pro-crypto policies and institutional adoption continue gaining ground.

Disclaimer: The blog on Crypto Market Updates information is for educational and informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.