Newton Protocol (NEWT) Soars Amidst Altcoin Season Momentum And BNB’s Run To ATH
The price of Newton Protocol’s NEWT token is currently skyrocketing, closing in on $0.70, after registering an 86.7% rise over the past 24 hours. NEWT has also seen a 1,070% increase in its 24-hour trading volume, which currently stands at $1.68 billion.
The token’s surge aligns with the broader altcoin momentum, with Bitcoin (BTC) being outperformed by major altcoins, and widely driven by capital rotation from major cryptocurrencies into ones with smaller trading volumes and market capitalizations, as investor risk appetite makes a roaring return to the market.
The Newton Protocol, developed by Magic Labs, is an Ethereum and Binance Smart Chain-based automation layer for on-chain finance operations that utilizes advanced technologies like trusted execution environments (TEEs) and zero-knowledge proofs (ZKPs) to prove the accuracy of every off-chain decision. The goal of the platform is to turn transaction automation into a trust-minimized proof and unlock agentic finance across multiple blockchains.
NEWT Price Soars as BNB Hits All-Time High, Surpassing $800
NEWT’s rally can be attributed to BNB soaring to an all-time high on July 23, after it surged past $800. Binance founder Changpeng “CZ” Zhao thanked developers and users who helped build the ecosystem in an X post. He also teased that the altcoin season had officially begun, with BNB joining the likes of ETH, SOL, and XRP, in a strong market rally.
CoinMarketCap has an Alt Season Index feature. Not sure how accurate it is, but it is ticking up.
— CZ 🔶 BNB (@cz_binance) July 23, 2025
FOMO season soon…https://t.co/pWyzuhuexv
The total market capitalization of BNB Chain soared to $111 billion earlier in the day, allowing BNB to reclaim the 5th spot among top cryptocurrencies. Meanwhile, open interest (OI) for BNB futures contracts also surged by 23% to hit $1.27 billion, reflecting strong bullish sentiment among traders betting on prices to increase.
In a separate X post, CZ shared the Altcoin Season Index, writing: “FOMO season soon”. The index determining the odds of an altcoin season arrival jumped 6 points to 56 on Wednesday.
The surge is strongly supported by increased daily transactions on the Binance Smart Chain, which climbed from 4 million to over 14 million, with decentralized exchange (DEX) volumes hitting an impressive $190 billion monthly. The network has also seen more than $11 billion in stablecoin inflows, indicating growing investor confidence in BNB.
Newton Protocol Surges 90% Since Binance Debut In June
The NEWT token was launched on June 25 amid widespread concerns about insider trading and unequal token distributions. The project has best-in-class disclosure standards and transparent documentation, with its total supply capped at 1 billion, with 215 million NEWT currently in circulation.
A key strength of NEWT is the elimination of insider trading, blocking traders on decentralized exchanges (DEXs) from dumping the token before official listing announcements. As a protocol that enables secure AI automation to give users complete control over their crypto assets, Newton also addresses technical trust issues through verifiable AI agents, and the NEWT token embodies its economic trust through transparent token distribution mechanisms.
Binance announced the listing of NEWT on its platform through the HODLer Airdrop campaign on June 24, with trading beginning on the same day. The exchange was allocated 12.5 million tokens by Newton for distribution through an airdrop, specifically aimed at users who hold BNB in Simple Earn or On-Chain programs, which incentivize holders to keep their assets during a predetermined snapshot period.
NEWT was listed on the exchange in multiple trading pairs, including USDT, USDC, BNB, and ETH, immediately after the airdrop. The availability of the token on both BNB Chain and Ethereum was crucial in stimulating early trading volumes and subsequent demand.
Following the Binance Exchange debut, NEWT witnessed a 40% surge in value, showcasing strong investor confidence and community engagement. The ongoing positive momentum is also prompted by the fact that the Newton Protocol is backed by venture capital heavyweights like PayPal Ventures and Polygon Ventures.
Also Read: Bitcoin Layer-2 Merlin Chain (MERL) Surges 16% In 24 Hours Fueled By Major Infrastructure Upgrade
NEWT Price Targets $0.82, as Trading Volume and Active Address Peaks
NEWT broke past its seven-day resistance at $0.45 on July 23, triggering algorithmic and retail buying. 7-day RSI for the token stands at an overbought position of 85.28, signalling intense speculative interest as shown by trading volumes surging to $1.6 billion and the number of active addresses on the Newton Protocol hitting an all-time high of 12,000. The MACD shows a bullish crossover, and the Bollinger Band has expanded on the four-hour chart, which suggests further price increases.
This pattern aligns with a symmetrical triangle breakout, which historically precedes strong rallies. According to technical analysis, the short-term price target for NEWT lies at $0.82 if it can hold the ongoing bullish momentum.
At the time of writing, Newton Protocol (NEWT) is trading at $0.6439, up 54.82% in the last 24 hours.
Crypto & Blockchain Expert