From Panic to Euphoria in 23 Days
On June 22, Bitcoin dipped below $100 k, sparking short-lived panic. What followed, however, was a broad-based relief rally that felt different: coins that had been comatose for months suddenly sprang to life.
To separate perception from reality, PANews pulled 403 USDT spot pairs on Binance, cross-referenced them with CoinGecko tags, and measured performance from June 22 open to July 15 close.

95 % Winners, 30 % Average Pop

• 382 of 403 tokens ended higher (94.8 %).

• Average gain: +30.38 %; median: +25.92 %.

• Seven tokens more than doubled, led by a 335 % moon-shot.

• 307 tokens beat Bitcoin’s +15.31 %, meaning three-quarters of the market finally outperformed BTC.
  Only 20 names bucked the tide and closed lower.

Top-20 Winners Share a Profile

• Market-cap sweet spot: sub-$100 m or mid-cap ($100 m–$1 B) dominated; only three large-caps cracked the list.

• Narrative mix: Meme, AI, and DeFi led, plus four infrastructure plays.

• Chains of choice: Ethereum, BSC, and Solana hosted most of the stars.

Meme Coins Lead, GameFi Surprises
Sector averages:

• Meme: +42.2 %

• Infra: +40.98 %

• GameFi: +35.15 % (the dark-horse revival)

• DEX, AI, Smart-Contract platforms all >30 %.
  Meanwhile, RWA could only manage +11.94 %, and wallet tokens slipped ‑3.09 %.

Chain-Level Scoreboard

• Solana: +39.41 %

• Base: +33.86 %

• Arbitrum: +31.42 %

• Ethereum: +31.14 %

• BSC: +28.41 %
  Avalanche again brought up the rear at +10.86 %.

Size Didn’t Matter This Time
Large-caps (> $1 B) rose 33.93 %, small-caps (< $100 m) 30.41 %, and mid-caps 29.45 %. With 348 of 403 tokens in the small- or mid-cap bracket, the rally was truly democratic—gains were not skewed toward mega-caps.

2024 Babies Shine, 2017 Veterans Fade
Tokens born in 2024 gained 42.76 %, trailed by 2023 vintage (+34.57 %). Coins from 2017 and the 2021–2022 cohort lagged again, reinforcing the idea that earlier projects are losing mind-share.

Still Miles From Former Glory
Only seven tokens printed a higher high than their 2024 peaks during this run.

• 38 tokens remain 90 % below their 2024 tops—requiring a 10× move to reclaim.

• 146 tokens are 80 % away.

• 302 tokens still sit 50 % below last year’s highs.

So while the rally is broad, the true alt-season—where fresh all-time highs become the norm—may have only just sounded its opening chord. Whether it’s a fleeting riff or the start of a symphony remains to be seen.

From Panic to Euphoria in 23 Days
On June 22, Bitcoin dipped below $100 k, sparking short-lived panic. What followed, however, was a broad-based relief rally that felt different: coins that had been comatose for months suddenly sprang to life.
To separate perception from reality, PANews pulled 403 USDT spot pairs on Binance, cross-referenced them with CoinGecko tags, and measured performance from June 22 open to July 15 close.

95 % Winners, 30 % Average Pop

• 382 of 403 tokens ended higher (94.8 %).

• Average gain: +30.38 %; median: +25.92 %.

• Seven tokens more than doubled, led by a 335 % moon-shot.

• 307 tokens beat Bitcoin’s +15.31 %, meaning three-quarters of the market finally outperformed BTC.
  Only 20 names bucked the tide and closed lower.

Top-20 Winners Share a Profile

• Market-cap sweet spot: sub-$100 m or mid-cap ($100 m–$1 B) dominated; only three large-caps cracked the list.

• Narrative mix: Meme, AI, and DeFi led, plus four infrastructure plays.

• Chains of choice: Ethereum, BSC, and Solana hosted most of the stars.

Meme Coins Lead, GameFi Surprises
Sector averages:

• Meme: +42.2 %

• Infra: +40.98 %

• GameFi: +35.15 % (the dark-horse revival)

• DEX, AI, Smart-Contract platforms all >30 %.
  Meanwhile, RWA could only manage +11.94 %, and wallet tokens slipped ‑3.09 %.

Chain-Level Scoreboard

• Solana: +39.41 %

• Base: +33.86 %

• Arbitrum: +31.42 %

• Ethereum: +31.14 %

• BSC: +28.41 %
  Avalanche again brought up the rear at +10.86 %.

Size Didn’t Matter This Time
Large-caps (> $1 B) rose 33.93 %, small-caps (< $100 m) 30.41 %, and mid-caps 29.45 %. With 348 of 403 tokens in the small- or mid-cap bracket, the rally was truly democratic—gains were not skewed toward mega-caps.

2024 Babies Shine, 2017 Veterans Fade
Tokens born in 2024 gained 42.76 %, trailed by 2023 vintage (+34.57 %). Coins from 2017 and the 2021–2022 cohort lagged again, reinforcing the idea that earlier projects are losing mind-share.

Still Miles From Former Glory
Only seven tokens printed a higher high than their 2024 peaks during this run.

• 38 tokens remain 90 % below their 2024 tops—requiring a 10× move to reclaim.

• 146 tokens are 80 % away.

• 302 tokens still sit 50 % below last year’s highs.

So while the rally is broad, the true alt-season—where fresh all-time highs become the norm—may have only just sounded its opening chord. Whether it’s a fleeting riff or the start of a symphony remains to be seen.