The cryptocurrency $PEPE has experienced rapid growth and increasing market interest in July 2025, reaching a market capitalization above $5 billion and breaking through price levels of 1300 and 1400 units. It has risen to the 24th position on CoinMarketCap, surpassing established cryptocurrencies such as Monero, Polkadot, and Litecoin. Daily new holders have consistently increased, with hundreds joining each day, and the $PEPE subreddit community has grown to 50,000 members. This surge coincides with a broader bullish environment in the crypto market, particularly with Ethereum ($ETH) reaching all-time highs and BlackRock filing to add staking to its ETH ETF. Legislative developments, including the signing of the crypto GENIUS Act by former President Donald Trump, are also noted as contributing factors to increased investment flows into $PEPE. The token is recognized as a leading memecoin in the current cycle, with expectations of further price appreciation potentially reaching market caps between $20 billion and $69 billion in the coming months. Binance plans to remove the "seed" tag for $PEPE, and it ranks second for top swaps on Uniswap. Analysts and market observers highlight that $PEPE's growth is linked to Ethereum's performance and anticipate a sustained bull run lasting over six months.