Top Crypto Gainers Today, July 16 – Ondo Finance, Ether.fi, Pyth Network

Highlights:

• ONDO rallied after the launch of tokenized stock products linked to traditional securities infrastructure.
• ETHFI is benefiting from easing supply pressure, stronger trading activity, and ongoing protocol developments.
• PYTH is gaining interest after adding major fixed-income data providers to its institutional network.

The crypto market experienced a minor pullback on Thursday, as prices shed their recent gains. Bitcoin has dropped toward the $64K region after the recent rally, which saw the asset reach levels last seen in mid-June. Moreover, most of the leading altcoins have recorded significant losses. As a result, the global market cap and trading volume have declined to $2.1 trillion and $72 billion, respectively.

Amid the broader setback, total liquidations reached $350 million over the past 24 hours, according to CoinGlass data. The fear and greed index has also remained at 34, indicating fear sentiment in the market. Meanwhile, several assets have shown resilience and displayed positive trends despite the overall pullback. In the section below, we will discuss the top crypto gainers today, such as Ondo, Ether.fi, and Pyth Network.

Top Crypto Gainers Today

1. ONDO

ONDO has emerged as the top crypto gainer today, with a surge of 16% over the last 24 hours. This latest bullish momentum has pushed the price to $0.3728, despite the monthly decline of 3%. In addition, its trading volume has exploded by nearly 300% to $260 million.

ONDO’s rally follows the launch of tokenized stock representations using DTC Tokenized Entitlements by Ondo Finance. The update lifted trading activity and renewed interest in real-world assets. Ondo said the products link blockchain markets with securities held inside DTC’s custody system. Unlike synthetic tokens, they represent assets connected to existing financial infrastructure.

We’re excited to announce that Ondo has launched the first tokenized stock representations based on DTC tokenized entitlements to DTC-held securities generated through the DTCC Tokenization Service.

The Depository Trust & Clearing Corporation (DTCC) is the premier post-trade… pic.twitter.com/r7KcGmDqa9

— Ondo Finance (@OndoFinance) July 15, 2026

The launch includes SPYon, tied to the SPDR S&P 500 ETF, and CRCLon, linked to Circle shares. Ondo uses DTCC’s Tokenization Service to support transfers between traditional and blockchain markets. The underlying securities stay within established settlement systems throughout the process.

2. Ether.fi (ETHFI)

ETHFI has extended its upward journey with a surge of 7% today. The altcoin is up by 4% and 25% on the weekly and monthly charts, respectively. The price is currently hovering around $0.4298, with a market cap of 400 million. 

Ether.fi is trading near a key level after rebounding 62% from June’s $0.2671 low. ETHFI now holds $0.40 support, while $0.47 marks resistance. Trading volume rose 142% to $63 million. Meanwhile, Ether.fi has $3.16 billion in TVL and 132,000 holders.

🧵 $ETHFI at a CRITICAL inflection point.

The largest liquid restaking protocol on Ethereum is down 95% from ATH — but the worst dilution is OVER, a $50M buyback is live, and one governance vote could transform it from a governance token into a yield-bearing asset.

Here's the… pic.twitter.com/zZnvW6rxLy

— cexscan (@cexscan) July 16, 2026

Supply pressure has eased after 92.7% of tokens entered circulation and investor vesting ended. Annual inflation may fall below 5%, compared with 85% previously. The DAO also operates a $50 million buyback below $3. A revenue-sharing vote, the ETHGas agreement, and Cash Visa card usage remain key protocol developments.

3. Pyth Network (PYTH)

The coin has joined the list of the top crypto gainers on Thursday after rebounding over 5%. PYTH is up by 17% and 24% on the weekly and monthly charts, respectively. Its market cap and trading volume stand at $390 million and $27 million, respectively.

Pyth Network recently added Tradeweb Markets, Fenics Market Data, and OpenYield to its fixed-income data network. The firms will supply institutional pricing through Pyth Pro and the Pyth Data Marketplace. Fenics contributes data linked to more than $1 trillion in daily over-the-counter trading. OpenYield adds executable quotes for U.S. Treasuries, corporate bonds, and municipal securities.

Fixed income data is live on Pyth 🌐

Three of the leading institutional sources of bond pricing. Fenics Market Data, OpenYield, and Tradeweb.

All on Pyth 🧵 pic.twitter.com/CyLSAor2GP

— Pyth Network 🔮 (@PythNetwork) July 15, 2026

Meanwhile, Tradeweb will provide benchmark closing prices for U.K. Gilts, U.S. Treasuries, and European government bonds. FTSE Russell administers the benchmarks for valuation, trade-at-close execution, and derivative references. This latest expansion broadens Pyth’s institutional fixed-income data coverage.