SoSo Daily Jun 13 | $SOSO Rallies 15% as SSI Protocol Revenue Climbs to #2 on Base
SoSo NewsletterJun 13, 2025
Crypto Market Update
Let'$s turn our attention to today'$s overall Crypto market situation.
As of 00:01 on June 13, 2025, according to sosovalue, the total market cap of the crypto market stands at 3.45 trillion US dollars, witnessing a decrease of 4.44% compared to yesterday; the total trading volume is 122.76 billion US dollars, marking a decline of 5.42% from the previous day.
Cryptocurrency Market Update - June 13, 2025
According to sosovalue, the price of $BTC is 105,480 USD, a decrease of 2.91% from yesterday. The market cap of $BTC is 2.10 trillion USD, accounting for 60.8% of the total market cap; $BTC'$s 24-hour trading volume is 35.85 billion USD, making up 29.2% of the total trading volume.
The price of $ETH is 2,637.8 USD, down 4.83% from yesterday; the market cap of $ETH is 318.44 billion USD, representing 9.24% of the total market cap; $ETH'$s 24-hour trading volume is 26.47 billion USD, comprising 21.6% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 70.04% of the total cryptocurrency market cap, and their combined trading volumes constitute 50.8% of the total trading volume.
After reviewing the overall crypto market situation, let'$s shift our focus to the top 5 token gainers of the day:
As of 12:00 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Shark Cat ($SC). As of 00:00 today, its market cap is 5.61M USD, with a coin price of 0.0056597 USD, witnessing a 24-hour increase of 73.9%.
The second is LETSTOP ($STOP). As of 00:00 today, its coin price is 0.082110 USD, with a 24-hour increase of 49.8%.
The third is Everdome ($DOME). As of 00:00 today, its coin price is 0.00024430 USD, showing a 24-hour increase of 42%.
In fourth place is $Kin ($KIN). As of 00:00 today, its coin price is 0.0000022054 USD, with a 24-hour rise of 40.9%.
In fifth place is Orbcity (ORB). As of 00:00 today, its coin price is 0.000041500 USD, increasing by 32.2% over the last 24 hours.
Moving on, let'$s take a look at the sector performance in crypto market.
According to sosovalue, out of 16 sectors, 0 are up and 16 are down. Notably, DePIN, Layer2, and AI sectors are worth mentioning.
DePIN sector has fallen 6.72% relative to the UTC 0 time, led by declines in ROAM (-18.7%), IO (-10.3%), and honey (-9.68%).
Layer2 sector has decreased 7.05% relative to UTC 0, with $SKATE (-27.3%), corn (-24.8%), and ata (-14.2%) leading the drop.
AI sector has fallen 7.59%, with MAI (-27.7%), GRIFT (-22.1%), and DARK (-20.5%) leading the decline.
Let'$s go through the Crypto news worth paying attention today according to sosovalue:
The first is:
While the broader crypto market saw a pullback today, $SOSO defied the trend with a 15% surge over the past 24 hours—one of the strongest performances among Base ecosystem tokens.
This price action coincides with a rise in SSI protocol revenue, which has now climbed to the second-highest among all DeFi protocols on Base.
The recent release of a teaser video has fueled active discussion across the community, adding to the growing momentum behind the project.
Next news:XRP Ledger (XRPL) mainnet has adopted the stablecoin $USDC one week after Circle, the issuer of $USDC, went public. Circle'$s platforms, Circle Mint and Circle API, now support $USDC on XRPL, enhancing liquidity on the network. XRPL, linked to Ripple, plans to launch an Ethereum Virtual Machine (EVM) sidechain in Q2 2025. $XRP, XRPL'$s native token, is the fourth-largest cryptocurrency by market capitalization. Circle completed its IPO on June 5, with its stock price surging nearly 200% shortly after. $USDC accounts for about 25% of the total stablecoin supply, second to Tether'$s USDT at 65%.
Next news:According to ChainCatcher, Sonic Labs has invested 400,000 $S tokens in Hey Anon, as per official announcements. Hey Anon is a pioneering on-chain AI protocol that is redefining how users interact with DeFi on Sonic. This investment is supported by the Sonic Innovators Fund.
Next news:DTCC, a key player in global financial infrastructure, is reportedly developing a stablecoin, signaling its growing interest in digital assets. Led by Nadine Chakar, the Global Head of Digital Assets, DTCC has not publicly commented on the report. The company provides post-trade clearance, settlement, custody, and information services, processing quadrillions of dollars annually. DTCC highlighted the increasing use cases for stablecoins, including corporate cross-border treasury management and payment systems, viewing stablecoins as an alternative settlement mechanism and a use case for blockchain technology. This move follows DTCC'$s earlier blockchain initiatives, such as the AppChain tokenized collateral management platform. Other financial institutions like Societe Generale and Bank of America are also exploring stablecoins, driven by regulatory progress like the GENIUS Act. U.S. Treasury Secretary Scott Bessent noted the stablecoin market could exceed $2 trillion in three years. SoSoValue is not mentioned in the original content.
Next news:The U.S. Securities and Exchange Commission (SEC) has postponed decisions on multiple spot altcoin exchange-traded funds (ETFs), including Bitwise'$s Dogecoin ETF, Grayscale'$s Hedera Trust, and VanEck'$s Avalanche ETF. This delay reflects the SEC'$s adjustment process under the new leadership. The SEC stated that the postponement does not imply a conclusion on the related issues but encourages public comments on the proposed rule changes. Previously, the SEC requested that the Solana spot ETF issuer update the S-1 filing, indicating that approval may be near. SEC'$s new Chair, Paul Atkins, has promised a more friendly approach toward digital assets. VanEck and 21Shares expressed concerns that the SEC'$s failure to adhere to the "first-come, first-served" principle affects market fairness and innovation. 21Shares plans to submit a revised S-1 filing as soon as possible.
Next news:ChainCatcher news: U.S. President Trump stated that he will not fire Federal Reserve Chairman Powell; he just needs to lower interest rates. He hopes the Federal Reserve will cut rates, as we hold a large amount of short-term debt. I prefer long-term low-interest debt. If we reduce rates by 1%, it means paying 1% less.
Next news:ChainCatcher reports that cross-border e-commerce company $DDC Enterprise announced the addition of 38 bitcoins to its corporate treasury, bringing its total holdings to 138 BTC. Since May of this year, its bitcoin investment has achieved a 22% return. The company stated it will continue to implement a strict bitcoin accumulation strategy to further strengthen its strategic goal of becoming a leading global corporate treasury.
Next news:ChainCatcher news: According to the official announcement, Binance has launched a new UI design for the ProMode homepage. Users can customize the homepage layout by dragging widgets, use AI to track market insights, and personalize their trading views. This update supports real-time market sentiment analysis, popular token tracking, and copy trading features, applicable to Android version 2.101.8 and iOS version 2.101.4.
Next news:According to ChainCatcher, community user @chaoge_btc disclosed that Huang Tianwei, the suspected founder of the crypto trading platform AEX (Anyin Exchange), was arrested at Don Mueang Airport in Thailand. He is suspected of defrauding two Chinese nationals of approximately 200 million Thai Baht (about 44 million RMB) in crypto assets. He has currently been handed over to the Chiang Rai police for further investigation.
Next news:According to ChainCatcher news and official reports, Binance stated that for users who have successfully claimed $SKATE, an additional airdrop of 409 $SKATE tokens has been distributed.
Okay that'$s all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.
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SoSo Daily Jun 13 | $SOSO Rallies 15% as SSI Protocol Revenue Climbs to #2 on Base
SoSo NewsletterJun 13, 2025
Crypto Market Update
Let's turn our attention to today's overall Crypto market situation.
As of 00:01 on June 13, 2025, according to sosovalue, the total market cap of the crypto market stands at 3.45 trillion US dollars, witnessing a decrease of 4.44% compared to yesterday; the total trading volume is 122.76 billion US dollars, marking a decline of 5.42% from the previous day.
Cryptocurrency Market Update - June 13, 2025
According to sosovalue, the price of BTC is 105,480 USD, a decrease of 2.91% from yesterday. The market cap of BTC is 2.10 trillion USD, accounting for 60.8% of the total market cap; BTC's 24-hour trading volume is 35.85 billion USD, making up 29.2% of the total trading volume.
The price of ETH is 2,637.8 USD, down 4.83% from yesterday; the market cap of ETH is 318.44 billion USD, representing 9.24% of the total market cap; ETH's 24-hour trading volume is 26.47 billion USD, comprising 21.6% of the total trading volume.
The combined market capitalization of BTC and ETH accounts for 70.04% of the total cryptocurrency market cap, and their combined trading volumes constitute 50.8% of the total trading volume.
After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 12:00 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Shark Cat (SC). As of 00:00 today, its market cap is 5.61M USD, with a coin price of 0.0056597 USD, witnessing a 24-hour increase of 73.9%.
The second is LETSTOP (STOP). As of 00:00 today, its coin price is 0.082110 USD, with a 24-hour increase of 49.8%.
The third is Everdome (DOME). As of 00:00 today, its coin price is 0.00024430 USD, showing a 24-hour increase of 42%.
In fourth place is Kin (KIN). As of 00:00 today, its coin price is 0.0000022054 USD, with a 24-hour rise of 40.9%.
In fifth place is Orbcity (ORB). As of 00:00 today, its coin price is 0.000041500 USD, increasing by 32.2% over the last 24 hours.
Moving on, let's take a look at the sector performance in crypto market.
According to sosovalue, out of 16 sectors, 0 are up and 16 are down. Notably, DePIN, Layer2, and AI sectors are worth mentioning.
DePIN sector has fallen 6.72% relative to the UTC 0 time, led by declines in ROAM (-18.7%), IO (-10.3%), and honey (-9.68%).
Layer2 sector has decreased 7.05% relative to UTC 0, with SKATE (-27.3%), corn (-24.8%), and ata (-14.2%) leading the drop.
AI sector has fallen 7.59%, with MAI (-27.7%), GRIFT (-22.1%), and DARK (-20.5%) leading the decline.
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:
While the broader crypto market saw a pullback today, $SOSO defied the trend with a 15% surge over the past 24 hours—one of the strongest performances among Base ecosystem tokens.
This price action coincides with a rise in SSI protocol revenue, which has now climbed to the second-highest among all DeFi protocols on Base.
The recent release of a teaser video has fueled active discussion across the community, adding to the growing momentum behind the project.
Next news:XRP Ledger (XRPL) mainnet has adopted the stablecoin USDC one week after Circle, the issuer of USDC, went public. Circle's platforms, Circle Mint and Circle API, now support USDC on XRPL, enhancing liquidity on the network. XRPL, linked to Ripple, plans to launch an Ethereum Virtual Machine (EVM) sidechain in Q2 2025. XRP, XRPL's native token, is the fourth-largest cryptocurrency by market capitalization. Circle completed its IPO on June 5, with its stock price surging nearly 200% shortly after. USDC accounts for about 25% of the total stablecoin supply, second to Tether's USDT at 65%.
Next news:According to ChainCatcher, Sonic Labs has invested 400,000 S tokens in Hey Anon, as per official announcements. Hey Anon is a pioneering on-chain AI protocol that is redefining how users interact with DeFi on Sonic. This investment is supported by the Sonic Innovators Fund.
Next news:DTCC, a key player in global financial infrastructure, is reportedly developing a stablecoin, signaling its growing interest in digital assets. Led by Nadine Chakar, the Global Head of Digital Assets, DTCC has not publicly commented on the report. The company provides post-trade clearance, settlement, custody, and information services, processing quadrillions of dollars annually. DTCC highlighted the increasing use cases for stablecoins, including corporate cross-border treasury management and payment systems, viewing stablecoins as an alternative settlement mechanism and a use case for blockchain technology. This move follows DTCC's earlier blockchain initiatives, such as the AppChain tokenized collateral management platform. Other financial institutions like Societe Generale and Bank of America are also exploring stablecoins, driven by regulatory progress like the GENIUS Act. U.S. Treasury Secretary Scott Bessent noted the stablecoin market could exceed $2 trillion in three years. SoSoValue is not mentioned in the original content.
Next news:The U.S. Securities and Exchange Commission (SEC) has postponed decisions on multiple spot altcoin exchange-traded funds (ETFs), including Bitwise's Dogecoin ETF, Grayscale's Hedera Trust, and VanEck's Avalanche ETF. This delay reflects the SEC's adjustment process under the new leadership. The SEC stated that the postponement does not imply a conclusion on the related issues but encourages public comments on the proposed rule changes. Previously, the SEC requested that the Solana spot ETF issuer update the S-1 filing, indicating that approval may be near. SEC's new Chair, Paul Atkins, has promised a more friendly approach toward digital assets. VanEck and 21Shares expressed concerns that the SEC's failure to adhere to the "first-come, first-served" principle affects market fairness and innovation. 21Shares plans to submit a revised S-1 filing as soon as possible.
Next news:ChainCatcher news: U.S. President Trump stated that he will not fire Federal Reserve Chairman Powell; he just needs to lower interest rates. He hopes the Federal Reserve will cut rates, as we hold a large amount of short-term debt. I prefer long-term low-interest debt. If we reduce rates by 1%, it means paying 1% less.
Next news:ChainCatcher reports that cross-border e-commerce company DDC Enterprise announced the addition of 38 bitcoins to its corporate treasury, bringing its total holdings to 138 BTC. Since May of this year, its bitcoin investment has achieved a 22% return. The company stated it will continue to implement a strict bitcoin accumulation strategy to further strengthen its strategic goal of becoming a leading global corporate treasury.
Next news:ChainCatcher news: According to the official announcement, Binance has launched a new UI design for the ProMode homepage. Users can customize the homepage layout by dragging widgets, use AI to track market insights, and personalize their trading views. This update supports real-time market sentiment analysis, popular token tracking, and copy trading features, applicable to Android version 2.101.8 and iOS version 2.101.4.
Next news:According to ChainCatcher, community user @chaoge_btc disclosed that Huang Tianwei, the suspected founder of the crypto trading platform AEX (Anyin Exchange), was arrested at Don Mueang Airport in Thailand. He is suspected of defrauding two Chinese nationals of approximately 200 million Thai Baht (about 44 million RMB) in crypto assets. He has currently been handed over to the Chiang Rai police for further investigation.
Next news:According to ChainCatcher news and official reports, Binance stated that for users who have successfully claimed SKATE, an additional airdrop of 409 SKATE tokens has been distributed.
Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.
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