Cryptocurrency Market Round-Up

Typically, cryptocurrencies are termed as digital currencies and use blockchain technology to record every transaction. The Sandbox (SAND) is a decentralized virtual gaming world built on the Ethereum blockchain that allows users to create, own, and monetize their gaming experiences. It is part of the broader category of play-to-earn (P2E) games and virtual worlds that incorporate blockchain technology, non-fungible tokens (NFTs), and cryptocurrency to offer players new ways to engage with games and virtual assets. SAND has a market capitalization of ~USD 696.25 million (as per TradingView as of July 10, 2025).

For the week ending July 4, 2025, the S&P Cryptocurrency Broad Digital Market (BDM) Index advanced 64.75 points, or approximately 1.15%, to close at 5,698.55. The index opened the week on a positive note and sustained its upward momentum throughout the period, reflecting broad-based strength across the digital asset space. As the new trading week began on July 7, the index has continued to show signs of resilience, supported by persistent bullish sentiment in the cryptocurrency market. Notable gains in major digital assets such as Bitcoin and Ethereum have further strengthened investor confidence and contributed to the improving market outlook.

Having understood the S&P Cryptocurrency BDM Index movement over the last week and the scenario for the upcoming week, one cryptocurrency that seems ‘Attractive’ at the current level appears to be The Sandbox (SAND) based on the below technical parameters: -