The merger could significantly boost U.S. Bitcoin mining capacity, impacting market dynamics and regulatory landscapes in the crypto industry.

The post Trump-backed American Bitcoin nears Nasdaq listing as Gryphon merger vote set for August 27 appeared first on Crypto Briefing.

Kugler's departure allows Trump to influence Fed policy direction amid ongoing tensions over interest rate strategies and leadership dynamics.

The post Fed Governor Kugler to step down on August 8, giving Trump chance to name replacement appeared first on Crypto Briefing.

TRON's robust growth and integration into global finance highlight its pivotal role in shaping the future of digital economies.

The post TRON recognized by CryptoRank, Messari, and Nansen: $916M revenue and $81B USDT supply in H1 2025 appeared first on Crypto Briefing.

Strategy's Bitcoin accumulation could influence market dynamics, promoting corporate adoption and reshaping digital asset investment strategies.

The post Saylor says Strategy could hold up to 7% of Bitcoin supply, but full control isn’t the goal appeared first on Crypto Briefing.

OpenAI's massive funding boost signals a transformative shift in AI industry dynamics, potentially accelerating innovation and market competition.

The post OpenAI raises over $8 billion in latest funding round, reaching $300 billion valuation appeared first on Crypto Briefing.

Geneva, Switzerland – August 1, 2025 – CryptoRank, Messari and Nansen, leading platforms in blockchain research and analytics, have released comprehensive reports highlighting the TRON network’s exceptional performance throughout the first half of 2025. These independent analyses demonstrate TRON’s continued dominance in the global stablecoin ecosystem, record-breaking revenue generation, and sustained growth across key network fundamentals, reinforcing its position as a premier blockchain infrastructure for digital finance.

CryptoRank

TRON H1 2025: Consistent Growth Across Key Fundamental Metrics provides an in-depth assessment of TRON’s performance, revealing the blockchain’s sustained momentum across critical operational metrics and its strong position in the competitive Layer 1 landscape.

Key Insights from CryptoRank:

• USDT Dominance Expands: USDT supply on TRON surged 41% to 81.2 billion, reinforcing the network’s position as the primary infrastructure and preferred settlement layer for stablecoin transactions. 

• Top-Tier User Activity: TRON ranked top 3 among all blockchains in average daily active addresses during H1 2025.
• Revenue Leadership: TRON achieved nearly $1 billion in quarterly revenue by Q2 2025, representing the network’s highest revenue to date. TRON led all blockchain platforms in revenue burn during H1 2025, with nearly $319 million — significantly surpassing Ethereum and Solana — highlighting its unmatched economic activity and deflationary token model.

Read the full report from CryptoRank here.

Messari

State of TRON Q2 2025 delivered a comprehensive quarterly analysis highlighting TRON’s performance, technical developments, and ecosystem expansion, confirming the network’s multi-faceted growth trajectory.

Key Insights from Messari:

• Ecosystem Activity: Ecosystem momentum was fueled by collaborations with Privy and Bridge (both Stripe companies), AEON Pay, and others, alongside expanded stablecoin offerings like USD1.

• Sustained Growth and Rising User Activity: Daily average transactions increased 12.6% QoQ from 7.7 million to 8.6 million, and daily active addresses grew 5.9% QoQ from 2.4 million to 2.5 million. Average daily new addresses increased in Q2, up 16.6% QoQ from 170,870 to 199,194.
• Stablecoin Activity Steadily Trending Up: The second-largest stablecoin on TRON, USDD, was up 71.2% QoQ from $252.8 million to $432.8 million. USDD reached a milestone of over 409,000 accounts (+269,000 holders in Q2) that hold the stablecoin.

Read the full report from Messari here. 

Nansen

TRON Quarterly Report – Q2 2025 highlights robust performance and continued ecosystem growth across DeFi, enterprise and global adoption on TRON. 

Key Insights from Nansen:

• During the first half of 2025, the TRON network saw a dominant share of its user activity and transaction throughput driven by centralized exchanges such as Bybit, Binance, OKX, and KuCoin, collectively contributing to a significant portion of network usage, underscoring TRON’s deep integration into global trading platforms.

• Canary Capital filed a proposal with U.S. regulators for a TRON ETF that includes native staking rewards, a first-of-its-kind structure in traditional finance. The fund would offer institutional exposure to TRX while enabling passive income via on-chain staking, bridging digital asset yields with regulated investment products.

• DeFi activity remained strong, led by platforms like SunSwap and JustLend, while new integrations with Chainlink oracles brought greater composability and risk management to TRON-based protocols.

Read the full report from Nansen here.

CryptoRank, Messari, and Nansen recognized TRON for its leading role in the blockchain space, particularly as a core infrastructure for stablecoins. Its dominance in USDT issuance, transaction volume, daily user activity, and growing institutional interest underscores its position as a key player in global digital finance. With steady ecosystem growth and expanding utility across DeFi and cross-border payments, TRON is well-positioned to sustain its momentum as a foundational force in the evolving digital economy.

About TRON DAO

TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

Founded in September 2017 by H.E. Justin Sun, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin, exceeding $82 billion. As of August 2025, the TRON blockchain has recorded over 323 million in total user accounts, more than 11 billion in total transactions, and over $26 billion in total value locked (TVL), based on TRONSCAN.

TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum

Media Contact
Yeweon Park
press@tron.network

The post TRON Recognized by CryptoRank, Messari, and Nansen: $916M Revenue and $81B USDT Supply in H1 2025 appeared first on CryptoSlate.

The number of tradable crypto tokens has gone parabolic since 2022, with CoinMarketCap now tracking roughly 18.9 million digital assets, compared to a little over 20,000 in 2022.

In January of that year, roughly 20,000 assets were listed across major trackers. By mid-2025, that universe swelled to an estimated 18.9 million, an astonishing 945x increase in just three and a half years. 

The surge isn’t evenly distributed, as three high-throughput networks are responsible for about 90% of the new supply: Solana, Base, and BNB, driven by low fees, turnkey launchpads, and a culture of rapid experimentation.

The three kings

Solana is the epicenter. Over the past year alone, the chain saw on the order of 18 million new tokens minted as memecoin factories and no-code issuers lowered the barrier to creation to pennies. 

Pump.fun has produced approximately 11.4 million SPL tokens by late July 2025, according to the Dune dashboard by user oladee, which tracks the app’s on-chain mints. That’s up from roughly 8.7 million in March 2025, adding almost 2.7 million in four months, up by 31%. 

The count exceeds the combined new token count on Base, BSC, Tron, Polygon, Optimism, Arbitrum, and Ethereum during the same period. 

The result is a torrent of micro-cap assets, most launched for fun, virality, or speculation, and many never progressing beyond a few wallets and a shallow liquidity pool.

Base has emerged as the fastest follower. In barely a year, developers and creators deployed more than 8.4 million fungible tokens on the network.

Creator coin tooling tied to Zora ignited a rapid mint cycle on Coinbase’s L2. A Dune dashboard by user Sealaunch reported over 1.5 million creator coins minted in 2025, as the model spread, with much of this activity centered on Base following its integration into the Base App. 

In late July, Base briefly outpaced Solana by daily token count as “content coins” turned social posts into micro-tokens at scale.

Binance Smart Chain (BSC), which pioneered the cheap-token boom in 2021, continues to significantly contribute to new token launches. 

BscScan’s token tracker lists nearly 4.7 million BEP-20 token contracts on BNB Chain, the ecosystem that BSC is part of. This highlights its role as a mass-mint venue for fungible assets.

While its share of new issuance has faded relative to Solana and Base, BSC remains a go-to venue for fast, low-cost launches.

Liquidity per token shrinks

The catch to this Cambrian explosion is liquidity. Capital simply hasn’t kept pace with supply. Average stablecoin liquidity per token has collapsed from around $1.8 million in 2021 to roughly $5,500 in early 2025. 

In practical terms, most of the 18.9 million tokens are illiquid, thinly traded, and highly susceptible to manipulation. Prices can rocket or crater on a few hundred dollars of flow, and rug-pulls remain a risk wherever low-effort issuance thrives.

That imbalance is reshaping market structure. Despite the proliferation of assets, value continues to concentrate in a few hundred names, with Bitcoin’s and Ethereum’s dominance climbing as capital consolidates into proven networks while the long tail languishes. 

For teams, the sheer existence of a token no longer confers value. Protocols must prove durable demand by showing users, fees, cash flows, or compelling utility to attract liquidity in a saturated field.

Networks face their own trade-offs. High throughput and low fees empower permissionless creativity but also invite spam and churn. 

The post Crypto tokens explode from 20k in 2022 to 18.9M following launchpad frenzy on Solana, Base, BSC appeared first on CryptoSlate.

Decentralized exchanges (DEX) reached $1 trillion in monthly trading volume for the first time in July.

According to DefiLlama data, spot trading volume grew 29.4% and reached nearly $514 billion last month, bested only by January’s all-time high of $568 billion.

At the same time, perpetual futures’ monthly volume increased 33.6% to register a new all-time high of $487 billion, with Hyperliquid registering a new record in monthly perpetual trading.

BNB dominance on spot

For the third consecutive month, BNB Chain dominated spot trading volumes. The chain’s volumes grew 15.3% and totaled $196.3 billion in July, representing 38.2% the monthly total.

PancakeSwap was the main driver behind growth, which amounted to $188.2 billion in spot trading volume. The BNB-native exchange volume is larger than the other four top DEXs combined, which is approximately $168 billion.

Uniswap registered the second-largest spot volume among DEXs in July, with $96.4 billion. Meanwhile, Solana-based decentralized exchanges wrapped up the top five.

Raydium, Meteora, and Orca registered $31.8 billion, $20 billion, and $19.5 billion, respectively. The five largest blockchains by volume remained the same between June and July, with just one slight change.

Runner-ups

Ethereum registered the second-largest monthly volume at nearly $86 billion, growing 49.3% from June, while Solana slid from second to third place in monthly spot trading volume despite growing 36.6% to reach $85.1 billion. 

Base and Arbitrum maintained their posts from June as the fourth- and fifth-largest blockchains by spot trading volume, respectively. 

Base’s volume increased by 46.8% and reached $41.6 billion, the first time the layer-2 blockchain surpassed $40 billion since January. At the same time, Arbitrum was the only chain in the top five with one-digit growth, reaching $19.2 billion in volume after jumping 7.4%.

Hyperliquid’s perpetuals reign

Hyperliquid became the first blockchain to surpass the $300 billion threshold in perpetual volume, reaching $323.4 billion in July after a 48.3% growth.

The volume surpasses Ethereum’s $48.7 billion by a large margin, which held the spot of the second-largest chain in perpetual trading volume last month. Despite the difference, Ethereum has grown by almost 56% since June.

The difference is even larger when decentralized exchanges for perpetual’s volumes are considered. Hyperliquid reached $313.4 billion, dominating 64.3% of the market and posting 16 times Jupiter’s volume of $19.4 billion.

Solana, BNB Chain, and Arbitrum wrap up the top five in perpetuals with $37.2 billion, $21.6 billion, and $19 billion in volumes, respectively.

The post DEX trading volume tops $1T for the first time in July, Hyperliquid leads record perp surge appeared first on CryptoSlate.

HIVE Digital co-founder Frank Holmes stated this week that several sanctioned nations are actively mining Bitcoin (BTC) in secret, turning to the crypto as an alternative revenue stream in the face of U.S. financial restrictions.

Holmes made the claims during a recent interview with the Roundtable. He tied a recent drop in global mining difficulty to military strikes targeting power infrastructure in Iran, suggesting the country’s military was using energy resources to mine Bitcoin and generate hard currency.

The comments reflect a broader trend in which governments cut off from traditional financial systems are leveraging crypto mining to fill economic gaps.

Holmes said this is not limited to Iran, implying that other countries facing US sanctions are also participating in similar operations, though much of it remains undisclosed.

He further claimed that Bitcoin has become a strategic asset, especially for nations struggling to access dollars. Mining provides a direct route to accumulate value outside the traditional financial ecosystem.

Holmes said that disruptions to mining facilities can now be observed in network-level data such as hash rate fluctuations.

HIVE ramping up production

While pointing to adversaries of the US using crypto mining as a financial lifeline, HIVE Digital is pursuing growth in U.S.-aligned nations.

The company recently expanded its footprint in Paraguay, acquiring infrastructure to scale operations more rapidly. The decision required divesting a portion of its Bitcoin holdings, but Holmes described it as a strategic trade-off to accelerate production.

Paraguay’s supportive regulatory stance and energy resources make it a key location for HIVE’s expansion, particularly compared to more politically volatile countries in the region.

The move comes amid growing sentiment that Bitcoin mining will continue to flourish in jurisdictions aligned with U.S. economic interests, particularly under the current administration.

HIVE has now surpassed 14 exahashes per second (EH/s) in mining capacity, with a goal of reaching 25 EH/s by the end of November. At current output, the company is generating approximately $315 million in annualized revenue, placing it among the top contenders in terms of efficiency and scale.

The remarks highlight a shifting landscape where mining activity is not just about profitability, but increasingly intertwined with global alliances, sanctions evasion, and power projection through digital infrastructure.

The post Sanctioned nations are secretly mining Bitcoin and the clues are in the hash rate appeared first on CryptoSlate.

The US Securities and Exchange Commission (SEC) will expand its series of crypto roundtables and take its crypto policy outreach on the road beginning Aug. 4 in Berkeley, California.

According to an Aug. 1 statement, the tour is meant to give founders and developers, especially teams with 10 or fewer employees and less than two years old, face time with the Commission outside Washington, D.C. 

Crypto Task Force lead Hester Peirce stated the agency wants to hear from stakeholders who could not attend prior sessions, adding:

“The Crypto Task Force is acutely aware that any regulatory framework will have far-reaching effects, and we want to ensure that our outreach is as comprehensive as possible.”

Teams can request a slot by emailing crypto@sec.gov with the subject line “Crypto on the Road,” naming the city of interest and including one or two attendee names along with a brief description of the project and team. 

To promote transparency, the Task Force plans to publish a list of participating projects.

The new “Crypto on the Road” schedule runs through December. The Task Force plans to visit Berkeley on Aug. 4, Boston on Aug. 19, Dallas on Sept. 4, Chicago on Sept. 15, New York City on Sept. 25, Irvine on Oct. 3, Cleveland on Oct. 24, Scottsdale on Oct. 29, New York City again on Nov. 12, and Ann Arbor on Dec. 5. 

Dates are tentative and may shift as logistics are finalized.

Expanding efforts

The roadshow builds on the SEC’s spring engagement with industry players. The Commission held its first Crypto Task Force roundtable on March 21 in Washington.

Panelists ranging from advocates to skeptics concurred that there is a pressing need for regulatory clarity for digital assets, despite the diverging opinions on how to establish it.

Much of the debate centered on token classification and whether existing securities laws adequately address decentralized systems. 

Advocates pointed to decentralization as a key gauge for determining when a token should fall outside securities laws. At the same time, skeptics argued the Howey test remains workable, noting the SEC’s track record in recent motions. 

Following the first roundtable, the SEC decided to host four additional events, ranging from regulation clarity to decentralized finance’s role in US innovation.

By moving conversations into local hubs, the Commission is seeking a wider sample of real-world experience, from smart contract developers and tokenization teams to early-stage consumer apps, before it advances proposals that could define how crypto fits under federal securities law.

The post SEC takes crypto roundtables nationwide, opens with Aug. 4 stop in Berkeley appeared first on CryptoSlate.

Crypto Market Overview: Red Dominates

The total crypto market cap has plunged by over 3.2% in the past 24 hours, currently standing at $3.65 trillion. The drop marks a sharp continuation of the downtrend that began in late July. Almost every major altcoin is flashing red, with Bitcoin ($BTC) and Ethereum ($ETH) dragging the market lower, and several altcoins following suit with deeper losses.

Total Crypto Market Cap Chart Analysis

• The market cap failed to hold the $3.72T support, now turned resistance.
• The 21 EMA is sloping down, showing continued bearish pressure.
• The RSI is deep in oversold territory at 27.18, suggesting a potential relief bounce but confirming the current weakness.
• Volume spikes and aggressive sell-offs hint at institutional unloading.

Outlook: If $3.65T breaks further, the next major support lies near $3.54T. Upside recovery will only start once $3.72T is reclaimed and held.

Bitcoin Chart Analysis: $113K and Dropping?

Bitcoin’s 4H chart paints a similarly bearish picture:

• Price rejected at $118.6K, a major resistance zone highlighted by a horizontal orange line.
• It broke down from the short-term support at $116K, now acting as resistance.
• The 9 and 21 MA cross is bearish, with the 9MA sharply sloping below the 21MA.
• RSI at 29.20 confirms oversold conditions, yet no reversal signals are visible.

Outlook: If BTC doesn’t reclaim $116K soon, the next support rests around $111K–$112K. Only a strong close above $118.6K can reestablish bullish control.

Top 10 Crypto Performance (Excluding Stablecoins)

From the latest data snapshot, here’s how the top 10 non-stablecoin cryptos are performing:

Key Observations:

• Bitcoin held relatively better than altcoins but remains in a technical downtrend.
• Ethereum continues underperforming BTC, showing a sharper daily decline.
• XRP, ADA, and DOGE are among the worst weekly performers, each dropping over 10%.
• Solana is breaking down after ETF hype cooled, now at -6.64% weekly.
• TRON (TRX) stands out as the only green token over the past 7 days (+4.00%), possibly due to recent ecosystem or regulatory news.

What’s Next?

The market is clearly risk-off. Bitcoin must reclaim $116K–$118K to reverse sentiment. RSI on major assets is deeply oversold, so a technical bounce could occur — but the trend remains down. Altcoins are more vulnerable, especially those with high volatility like ADA and DOGE.

$BTC, $ETH, $XRP, $BNB, $SOL, $DOGE, $TRX, $ADA

The decentralized finance (DeFi) market just shed over $4 billion in Total Value Locked (TVL) within a single day. That kind of drop usually spooks people. But zoom out, and something more strategic comes into focus. The data from DeFiLlama reveals not a collapse, but a recalibration across protocols, categories, and capital flows. Let’s unpack what’s really happening, what matters in these charts, and where things may be heading next in the crypto market.

Total Value Locked Takes a Hit, but Momentum Remains Intact

According to  DefiLlama, TVL across all DeFi protocols now stands at $135.81 billion, down 3.14 percent over the past 24 hours. This marks a noticeable dip in an otherwise upward trend that’s been building since late 2023. The historical TVL chart shows a clear recovery from the brutal drawdowns of 2022 and the stagnation through much of 2023. While we’re not at the highs of the 2021-2022 DeFi summer, we are seeing a much healthier and more distributed recovery.

A one-day decline doesn’t change the larger structure. TVL is still up significantly year-to-date, and the composition of where the value is moving tells a more useful story than the headline number.

AAVE, Lido, and EigenLayer Dominate TVL, but Not the Growth

AAVE leads with $33.64 billion in TVL across 17 chains. That’s nearly one-fourth of the entire DeFi TVL in one protocol. Over the past 24 hours, AAVE saw a 2.6 percent drop in locked value, though it posted a modest 1.05 percent gain over the week and nearly 36 percent growth over the month.

Lido, the liquid staking heavyweight, follows closely with $32.73 billion. Its 7-day change is negative 2.27 percent, but like AAVE, it gained over 47 percent in the past month. These are big protocols with huge liquidity. They often act as liquidity sources or sinks during macro DeFi movements.

Then there’s EigenLayer, sitting at $17.51 billion. Despite a 5 percent daily TVL drop, it’s up almost 54 percent this month. That level of volatility on the upside and downside suggests hot capital flow, likely tied to yield-chasing restaking dynamics.

ether.fi and Ethena: The Outliers Everyone Should Be Watching

Where things get interesting is outside the traditional top three.

ether.fi, with just under $10 billion in TVL, is down nearly 4 percent on the day. Still, it has grown over 58 percent this past month. That is massive relative expansion. Even more impressive is its daily fee generation. It clocked in over $5.25 million in fees in the last 24 hours, which dwarfs even AAVE and Lido. However, its revenue remains low, just $72,353, implying high operational cost or aggressive reward emission strategies.

Ethena is the wild card. It’s the only protocol in the top six with positive daily and weekly TVL changes, up 0.7 percent and 21.15 percent respectively. Over the month, it has grown 59.66 percent. Even more impressive is its 24-hour fee haul: $13.92 million. That puts it at the top of the revenue leaderboard, well ahead of Lido and AAVE. Its revenue for the day, $2.43 million, reflects strong actual economic activity and suggests that it's not just emitting tokens to attract liquidity. Ethena appears to be monetizing real usage.

In short, the data shows that while traditional protocols are stabilizing or declining slightly, newer or more agile players like ether.fi and Ethena are gaining attention and traction quickly.

Fee Generation and Real Yield: A New Set of Winners

Across DeFi, total fees paid in the last 24 hours came in at $113.93 million. That number should not be underestimated. It reflects that usage is active, even when TVL dips. In fact, comparing this figure to DEX volumes ($19.38 billion in 24h) and perp volumes ($18.46 billion in 24h) highlights a healthy rotation across DeFi’s verticals.

Notably, many users are not simply holding liquidity in vaults or LPs. They are actively trading, bridging, restaking, and using leverage. This explains why protocols with lower TVLs (like Ethena) can outperform high-TVL incumbents in revenue. Capital is becoming more efficient.

ETF Outflows Reveal Institutional Hesitation or Strategic Rotation

One detail that should not be ignored: ETF inflows were negative $97.8 million over 24 hours. That is not just noise. It shows traditional finance pulling back slightly from crypto wrappers. Whether this capital is moving into stablecoins, DeFi protocols, or sitting idle is unclear, but the juxtaposition with the increase in DeFi protocol fees suggests that some of it may be rotating into on-chain opportunities.

In other words, while institutional products are bleeding capital, native DeFi protocols may be catching the upside from those flows.

Stablecoin Liquidity Continues Quiet Expansion

Stablecoins represent dry powder. Their market cap has now reached $266.92 billion, up 0.65 percent over the past week. That’s a key metric. While TVL in DeFi protocols has dropped, stablecoin supply is growing. That suggests capital is not leaving the ecosystem but sitting on the sidelines, likely waiting for reentry.

This further supports the idea that the 3 percent TVL drop is less about exit and more about reallocation.

RWA TVL Declines, but Still Significant

Real World Assets (RWA) represent $12.2 billion of TVL and have declined 3.15 percent over the week. This is in line with broader TVL decline but signals something worth watching. If stablecoin capital starts rotating into yield-generating RWAs, we could see protocols like Centrifuge or Maple Finance start outperforming again.

So far, most of the growth this month has been in staking, restaking, and synthetic dollar protocols.

Over $624 million in token unlocks are expected in the next 14 days. While that doesn’t always correlate to selling pressure, it often creates volatility. Projects undergoing large unlocks may see temporary price weakness, potentially creating entry points for long-term accumulation.

What This All Means for the Crypto Market?

• The short-term TVL drop is not a sign of collapse. It’s a reaction to market rotations, unlocks, and strategic reshuffling across protocols.
• Protocols like Ethena and ether.fi are gaining real traction. Their growth in both usage and revenue suggests sustainable momentum rather than fleeting hype.
• Legacy leaders like AAVE and Lido are still strong, but slowing. These giants may become stability anchors while newer protocols chase growth.
• Stablecoin growth and ETF outflows hint at capital movement. Liquidity isn’t vanishing. It’s waiting for the next wave or entering more agile strategies.
• The broader trend is still intact. Zoom out on the TVL chart and you’ll see a recovery trend from early 2023 lows. The current dip fits within that structure.

The market is not breaking. It’s breathing. The next few weeks will likely determine which protocols can convert short-term momentum into long-term dominance. For now, DeFi looks alive, active, and preparing for its next move.

$Crypto, $CryptoMarket, $BTC, $AAVE, $LDO, $ENA, $DeFi, $ETHFI

Retirement Reform: 401(k) Crypto Investments on the Horizon

A major retirement reform is underway as a new executive order is expected to encourage 401(k) plans to include nontraditional assets—most notably, cryptocurrencies. This shift reflects the growing mainstream acceptance of digital assets and aligns with the administration’s broader financial innovation goals. A comprehensive digital-asset strategy report is also expected to accompany the order, offering guidance on how retirement plans can safely and strategically integrate crypto investments.

Crypto Holdings to Reshape Mortgage Standards

The Trump administration’s Federal Housing Finance Agency (FHFA) has instructed mortgage giants Fannie Mae and Freddie Mac to begin considering cryptocurrency holdings as part of borrowers’ mortgage collateral. This unprecedented move aims to modernize home lending criteria and accommodate the growing influence of digital assets. However, critics like Senator Elizabeth Warren caution that such a change could inject instability into the housing market, given the inherent volatility of crypto.

Democratic Lawmakers Oppose Crypto-Fueled Financial Reforms

Political resistance to crypto integration is mounting, with Democratic lawmakers sending a formal letter to FHFA Director William Pulte. They argue that incorporating volatile digital assets into core financial systems—like retirement and housing—could jeopardize economic stability. Despite the criticism, the Trump administration remains firm in its stance, touting crypto adoption as a “concrete achievement” that advances the U.S. as a global leader in digital finance.

Why It Matters

If enacted, these changes would normalize crypto as collateral and investment in mainstream finance, potentially increasing demand and liquidity. However, the debate highlights the tension between innovation and prudential regulation. Investors should monitor policy announcements and legislative responses closely.

Want to stay informed? Learn what blockchain is and compare trading platforms via our exchange comparison before entering the market.

$crypto, $bitcoin, $btc

Solana is back in the spotlight as heavyweight asset managers like Franklin Templeton, Fidelity, Grayscale, and VanEck adjust their SOL ETF filings with the SEC. The race to launch a Solana-based exchange-traded fund is heating up, but the price action on the daily chart just flashed a warning. So what does August really look like for SOL price? Let's break it down.

Solana Price Prediction: What’s Fueling the Solana ETF Speculation?

On July 31, multiple major financial institutions filed amendments to their S-1 registration statements for Solana spot ETFs. This includes top players like Bitwise, Canary Capital, CoinShares, and Grayscale, among others. Grayscale's filing even included a 2.5 percent fee structure payable in SOL, suggesting the firm is already treating this like a serious product offering.

The fact that these amendments are being made now shows that dialogue with the SEC has moved beyond the idea stage. These filings are being refined, and while there’s no green light yet, the regulator is actively reviewing and discussing crypto ETF structures for SOL, XRP, DOGE, and others. This is significant, especially for a Layer 1 like Solana that has fought off both technical challenges and competition from newer chains.

How Did Solana’s Price React to the ETF Developments?

Surprisingly, the Solana price didn’t rally. On the contrary, SOL price fell 3.29 percent on the day the filings went public. That’s not the reaction many expected. After all, Bitcoin surged when its ETF was confirmed. Ethereum followed a similar pattern. But Solana just printed a long red Heikin Ashi candle, closing at 170.24.

This signals either one of two things. First, the Solana ETF news is already priced in. Traders who bought the July rally are taking profits. Second, the market doesn’t fully believe an approval is imminent, especially with the SEC still reviewing language in the filings. Either way, the short-term sentiment cooled off fast. Another thing could be the absence of Bitcoin reserve in Trump's Crypto Report. 

Key Technical Indicators from the Chart

The daily chart reveals some clear technical developments:

• Heikin Ashi Candles: Red for five consecutive sessions, showing a consistent loss of bullish momentum.
• Bollinger Bands: Price has dropped to the middle band (currently at 179), which often acts as a pivot. The lower band sits around 158 and may act as support if selling pressure continues.
• 200 SMA Resistance: The red upper Bollinger Band is flattening out near 200, which served as resistance last week. That level is now confirmed as a strong rejection zone.

The shift from green to red candles and the rejection at 200 suggest a local top may have been formed. Unless Solana price rebounds strongly above 180, we’re likely in for a correction phase.

What Are the Critical Price Levels for August?

Here’s where things get interesting. August is setting up to be a volatile month, with two key outcomes on the table.

Bullish Scenario

If SOL price can hold the 168 to 170 zone and regain momentum above 180, we could see a retest of 190 followed by a move toward 210. A daily close above 200 would invalidate the current pullback and open up the path to fresh 2025 highs. This would likely require ETF-related optimism to pick up again, either through a positive SEC comment or leaks about upcoming approvals.

Bearish Scenario

Failure to hold the 170 support range sends Solana price toward the 158 level. If that breaks, the next strong support sits near 145, a level last seen during the July consolidation. That would confirm a deeper retracement phase and delay any upside until later in the quarter.

Why the SOL ETF News Matters Long-Term but Not Immediately

It’s important to understand that SOL ETF approval processes take time. The SEC still needs to provide feedback, request changes, and eventually make a decision. The filings signal progress, but not an outcome. For August, the SOL ETF hype is more of a background narrative. Traders and institutions may accumulate during dips, but they are unlikely to front-run approval unless more concrete signs emerge.

So while the long-term implications are very bullish for Solana, don’t expect fireworks in the next few days unless we get an unexpected announcement. Solana ETF talk brings credibility, but price action remains king in the short term.

Solana Price Prediction: What’s the Final Outlook for Solana Price in August?

The Solana ETF developments are a solid bullish catalyst for the months ahead, but they are clashing with short-term technical weakness. Solana rallied strongly in July, and the market is now taking a breather. August will likely be defined by whether SOL can hold above 158 and reclaim the 180 level. If it does, we’re back in bullish territory. If it breaks down, the correction could extend toward 145 or even 130 before finding real support.

For now, traders should stay cautious and watch how price behaves around 168 to 170. If buyers show up, the SOL ETF narrative could fuel another leg higher. If not, expect a slower grind down while the market waits for clarity from Washington.

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$Solana, $SOL

XRP Price Prediction – Support or Breakdown?

$XRP is trading around $3.09, hovering just above the key psychological and technical support at $3.00. The chart clearly shows weakness, with XRP failing to reclaim its 9-day or 21-day moving averages (currently around $3.11–$3.13). The recent candles are small and indecisive, and momentum seems to be fading.

XRP/USD 4-hours chart - TradingView

What’s even more concerning is the Relative Strength Index (RSI), which is stuck in the low 40s, indicating weak buyer momentum and no clear reversal yet. If XRP breaks below the blue line at $3, the next major support lies at $2.80, and further below that, at $2.50 could be a realistic medium-term target.

Bitcoin Price Consolidation: A Risk for Altcoins

Zooming out to the broader market, $Bitcoin is currently trading around $117,944, showing clear signs of consolidation and low volatility. But this is not the kind of consolidation bulls would want to see. Instead of pushing higher, $BTC has been ranging tightly between $116,017 and $118,000, failing to break out.

BTC/USD 4-hours chart - TradingView

The 4-hour chart shows multiple rejections around the $118,000 level, and recent candles are leaning bearish. With the RSI under 50, Bitcoin lacks the momentum needed to lead a new altcoin rally. Historically, when Bitcoin drifts lower during a consolidation phase, it tends to drag altcoins down, especially those already under pressure — like XRP.

XRP vs BTC: A Side-by-Side Breakdown

Looking at both XRP and BTC charts together, a few key patterns emerge:

• Both are below their moving averages, showing short-term bearish pressure.
• RSI for both is below 50, indicating no bullish momentum in sight.
• XRP is sitting right on top of a major support line, while BTC is just slightly above a key floor.

If Bitcoin loses its $116,000 support, the entire market — XRP included — is at risk of another leg down. In that case, XRP breaking $3 would likely accelerate its decline toward $2.80, and potentially $2.50 if market sentiment worsens.

What Happens If XRP Crashes?

In case of a breakdown, the next cycle for XRP could resemble previous bear phases:

• Retesting the $2.50–$2.80 zones with high selling volume.
• Bearish momentum dragging RSI below 30, signaling oversold territory.
• Possible accumulation phase between $2.30 and $2.80, where long-term buyers might step back in.

However, this cycle also depends on whether Bitcoin holds its range or dips deeper. If BTC stabilizes and recovers above $118,000, XRP may avoid a full-blown breakdown and reattempt to reclaim the $3.13 resistance.

Amid a confluence of bearish political and economic developments, Bitcoin and other assets are down while liquidations only keep rising.

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Bonk Coin, which is among the Solana tokens, trades at $0.00002792, down by 0.48%, with a market cap of $2.25 billion and a volume of $678.89 million. While Bonk is a top recommendation among Solana tokens this June, another promising project, Remittix, is hot on its heels with plans to disrupt crypto-to-fiat transactions and bring real-world usage.

Bonk Coin, Solana and Growing Competition

Bonk Coin is now a household name in the Solana ecosystem, and it is well-loved for cheap gas fees and a vibrant community. The Solana universe is nevertheless transforming rapidly, with new altcoins and crypto startups concentrating on real-world applications. The spotlight is now falling on crypto with real utility and fast-rising DeFi startups that address inefficiencies in cross-border transactions.

The draw of Bonk Coin is that it’s integrated into Solana’s Layer 1 blockchain, which boasts high throughput and low latency. That being said, Solana’s increasingly long list of tokens means competition is strong, and investors are on the lookout for new altcoins to watch with actual real-world use compared to tokenomics.

Enter Remittix: A New Altcoin With Real-World Use

Remittix is trading at $0.0876 per token and has raised over $17.8 million in its presale, selling 576 million tokens. Unlike most low cap crypto gems that rely on hype, Remittix is a cross-chain DeFi solution solving a $19 trillion issue of international payments. It enables direct crypto-to-bank transfers in 30+ countries supporting 40+ cryptocurrencies and 30+ fiat currencies.

The project’s strength lies in its usability and security-oriented approach with practical applications in the real world. With certification by CertiK, Remittix is intended to be implemented, not speculated on. This move positions Remittix among the best DeFi projects of 2025, gaining ground in the over-saturated market of new crypto token listings.

The recent release of the Remittix beta wallet has been well-received. Launching in Q3 2025, the wallet will offer a mobile-first experience with real-time foreign exchange conversion. The product is targeting cryptocurrency natives and newcomers alike, inviting crypto staking along with the possibility of passive income via token utility.

There is a 50% token bonus available from the presale campaign right now that is rapidly approaching its $18 million soft cap limit. Early stage crypto investment opportunities like Remittix bring early mover benefits, including a deflationary token economics that supports long-term holder value.

Why Remittix Is Set to Expand

• Global Scope: Allows for crypto-to-bank transfers in a number of nations.
• Actual Utility: Bridges crypto and mainstream finance with open FX rates.
• Security: Audited smart contracts by top firms like CertiK.
• Future Wallet: Q3 2025 beta launch with easy-to-use features.
• Strong Presale: Over $17.8 million raised, with 50% bonus tokens on offer.

Remittix is carving out a niche in over-saturated altcoin territory by focusing on viable solutions to real problems. While Bonk Coin remains popular in Solana ecosystem tokens, Remittix’s cross-chain DeFi project and cryptocurrency-to-fiat payment capability presents a seductive alternative for 2025’s next big altcoin.

Don’t miss the present $250,000 Remittix Giveaway, which provides extra incentives to early supporters. As the presale picks up more momentum, the Remittix beta wallet release could be a turning point towards increased adoption.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

The post BONK May Dominate Solana Tokens This June, But This New Crypto Is Gunning For A 5800% Rally appeared first on Blockonomi.

After weeks of tight range trading, Solana is finally showing signs of strength again. The price has climbed past $179, despite a 3.5% decline over the last 7 days.

With $200 back on the radar, attention is shifting to altcoins that could follow Solana’s lead. Two tokens stand out on the momentum radar: Dogecoin, which is bubbling with meme-fueled chatter again and Remittix (RTX), the Ethereum-based PayFi project quietly drawing in early adopters and whales.

Solana (SOL): Targeting $200 As Whale Activity Increases

The Solana price is currently $179.23 and momentum has flipped bullish. Multiple analysts see $200 as the next resistance to break. On-chain data shows whale wallets accumulating again, with addresses holding over 100,000 SOL increasing steadily this month.

Traders are pointing to two key catalysts:

• Strong NFT volume and trading on Solana-native platforms
• Growing adoption of Solana-based memecoins like WIF and POPCAT

Chart watchers have pointed out a clean cup-and-handle formation, suggesting Solana may be primed for a leg up if BTC holds above $120K.

Dogecoin (DOGE): Ready for Another Meme Cycle?

Dogecoin has quietly climbed back above $0.163, up 4% in the last 24 hours. While it’s still far from its 2021 peak, DOGE has managed to hold key levels better than most memecoins in this cycle.

Source: TradingView

Analysts say the next Dogecoin breakout hinges on whether social sentiment can match the quiet whale buying seen on-chain. Several dormant DOGE wallets have recently become active, moving millions of tokens into exchanges, a possible signal of preparation for a rally.

Still, traders remain cautious. While Elon Musk-related hype can resurface quickly, the current DOGE rally is more technical than narrative-driven.

Remittix (RTX): The Payment Token Building Real-World Demand

While Solana and Dogecoin ride technicalities and sentiment, Remittix (RTX) is attracting attention for a more fundamental reason: real-world crypto-to-FIAT use.

Remittix is built on Ethereum but optimized for fast, cheap payments across borders. It recently surged past $0.0843, marking a 450% increase from earlier this year, and its growth hasn’t slowed.

What’s driving interest:

• Remittix supports over 30 FIAT currencies and 50 crypto pairs
• Remittix doesn’t need centralized exchanges or complex swaps
• Low gas fees and instant conversion
• $250,000 Remittix Giveaway now running

Traders are beginning to treat RTX as a more useful version of XRP, without the legal baggage or exchange limitations.

Experts Tip Remittix as Top Altcoin for the Bull Run

Solana might be leading the charge back to bullish territory, but the next wave of altcoin breakouts will come from projects with either high attention or high utility. Dogecoin has the attention, but Remittix has the utility. With the market heating up fast, these two tokens may not stay under the radar much longer.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

The post With Solana Targeting $200, Traders Now Watch Dogecoin and Remittix For The Next Big Move appeared first on Blockonomi.

The crypto market is heating up as investors begin positioning ahead of what could be the biggest ETF wave yet. With Bitcoin and Ethereum already receiving spot ETF approvals and seeing massive institutional inflows, speculation is now swirling around which altcoin might be next. For many analysts, that frontrunner could beSolana – thanks to its lightning-fast transactions, growing developer base, and strong network effect.

Solana’s current price hovers just under $186, and while some short-term pullbacks have occurred, the broader trend still points upward. If it secures an ETF in the coming months, history suggests we could see a rapid price breakout—similar to Bitcoin’s run past $70K or Ethereum’s rally after its own approval. Amid this growing institutional interest, investors are also exploring early-stage altcoins like MAGACOIN FINANCE, which some believe could offer even greater upside due to its current presale status.

Solana’s Setup for a Breakout

Technically, Solana is forming a solid base after cooling off from its June highs. Its all-time high remains at $293, and momentum indicators show the coin could be gearing up for a retest if a positive ETF headline hits. The recent RSI dip into oversold territory may be the kind of reset needed before a renewed push. In many ways, Solana is now where Ethereum was just weeks before its own ETF triggered a wave of new capital.

Traders are watching the $190–$200 zone closely. A breakout above that could open the path to $220 and then $293. Beyond price action, ETF approval would bring legitimacy and long-term capital, potentially reshaping Solana’s role in the broader crypto landscape.

A Rare Opportunity for Crypto Investors

While Solana garners attention from institutions, MAGACOIN FINANCE is emerging as a high-conviction pick for retail investors looking to strike early. The project is currently in presale, and slots are disappearing fast. What’s driving this surge? Analysts point to MAGACOIN’s aggressive development pace and viral community growth. With projections as high as 31x ROI, a $1,000 investment today could skyrocket to $31,000 by the next major cycle, according to early forecasts. The project has already hit several key milestones, including rapid user onboarding and ecosystem rollout.

Could Solana Reach $293 Again?

That depends largely on one thing: the ETF. If Solana receives regulatory approval in the U.S., institutional demand could skyrocket—just as it did for BTC and ETH. With fundamentals aligned and sentiment shifting, the next few weeks could be critical.

And while Solana chases ETF-driven momentum, projects like MAGACOIN FINANCE are quietly giving early investors a shot at major gains, even before they hit centralized exchanges.

To learn more about MAGACOIN FINANCE, visit:
Website: https://magacoinfinance.com
Twitter/X: https://x.com/magacoinfinance
Telegram: https://t.me/magacoinfinance

The post Solana’s ETF Dreams: Could They Push Prices Beyond $150 – and Help Fantom Rise? appeared first on Blockonomi.

If you’re wondering about the best crypto to buy now, Hedera (HBAR) is trading at $0.2605 with a market cap of $11.04 billion and strong trading volume of $691.19 million. Meanwhile, Pi Network (PI) sits at $0.4160 with a market cap of $3.22 billion. Among these popular names, Remittix sits quietly high with a token value of $0.0876 as of today, over $17.8 million raised, and 576 million tokens sold, making it a fascinating upcoming crypto project in 2025.

Best Crypto To Buy Now: Why Analysts Like These Three

Hedera Hashgraph (HBAR) has been promoted for its cutting-edge distributed ledger technology, offering fast transactions with low gas fees. It’s regarded by some as a Layer 2 Ethereum alternative and is also praised for enterprise applications as well as decentralized exchange integration.

Pi Network, on the other hand, has created buzz with its community-driven approach and blockchain-based digital currency development proposals.

But more attention is now on new altcoins that have real-world practical applications, and Remittix does fit the bill. As a cross-chain DeFi project, it’s designed to solve the $19 trillion global payments problem by making fast crypto-to-fiat conversions across 30+ countries.

What Makes Remittix Stand Out in 2025

Remittix offers a practical solution for transferring cryptos directly to bank accounts with over 40 cryptos and 30 fiat currencies supported. Its smart contracts have been verified by CertiK, indicating a security-first approach that is requisite for DeFi platforms. The platform’s mobile-first beta wallet is scheduled for release in Q3 2025, with the assurance of simplifying crypto staking, passive income and live foreign exchange conversions.

The current presale is offering a 50% token incentive, a time-bound offer as the project is reaching its $18 million soft cap. This initial crypto investment entails deflationary tokenomics designed to benefit long-term owners.

Why Remittix Could be One of the Best DeFi Projects in 2025

• Global Reach: Sends crypto to bank accounts in over 30 countries.
• Real Utility: Supports 40+ cryptocurrencies and 30+ fiat currencies.
• Safety: Audited by top blockchain auditing firm CertiK.
• Wallet Beta: Frictionless user experience launch in Q3 2025.
• Excellent Presale: Over $17.8 million raised with 50% bonus tokens.

Unlike so many crypto presales that are currently live, Remittix presents real-world solutions, filling the gap between crypto and traditional finance. It’s a new crypto project generating community and momentum.

Looking Ahead: Crypto Trends and Opportunities

When looking for the best cryptocurrency to invest in today, investors need to identify projects that solve real-world problems with scalable design. Remittix’s cross-chain DeFi project is set to be that connection, especially as decentralized exchanges and centralized exchanges both adapt to new market demands.

This places Remittix as a world-class next big altcoin 2025, with passive income and crypto staking potential embedded within its ecosystem. The $250,000 Remittix Giveaway also gives an incentive to early backers to invest prior to token launch.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

The post Best Cryptos To Buy In 2025: Hedera (HBAR), Remittix (RTX) and Pi Network (PI) Are Top Analyst Picks appeared first on Blockonomi.

TLDR:

• HBAR price retests its ascending trendline with $0.245–$0.250 support, defining the short-term battle zone.
• HBAR’s 24-hour volume jumps 13.50%, signaling heavy activity at critical support levels.
• Robinhood listing boosts Hedera’s visibility, drawing new retail interest into the market.
• A confirmed bounce could push $HBAR toward $0.31, with long-term targets near $0.50 and even $1.

Hedera’s price is testing one of its strongest technical supports. Traders are watching the ascending trendline that has held for months. 

A bounce from this zone could set the stage for a move toward $0.31 and higher. The market is showing heavy activity, and interest in Hedera keeps growing. Investors now want to know if this level will hold or finally break.

HBAR Price Holds Near Long-Term Support

Crypto analyst Kamran Asghar pointed out that HBAR is retesting a major trendline on the daily chart. The price trades around $0.2437, sitting just above that key level. He noted that a successful hold could push Hedera toward a new rally.

Recent trading data shows that Hedera’s price fell 5.25% in 24 hours and 4.02% over the past week. However, its 24-hour trading volume jumped 13.50% to $698 million, signaling growing activity around the support zone.

Asghar explained that a bounce from this area could trigger a run toward $0.31 or more. If the trendline fails, price targets shift down toward $0.23 and even $0.21. These levels could act as new support if sellers take control.

The $0.245–$0.250 range now defines the key battleground for bulls and bears. A clear reaction here may determine Hedera’s short-term direction.

$HBAR is retesting a key long-term ascending trendline on the Daily timeframe!

The current price is approximately $0.2489. This is a crucial moment for Hedera, as a successful bounce from this trendline could confirm a strong bullish continuation, targeting $0.31+.

Keep… pic.twitter.com/Eyfg3ulxlI

— 𝐊𝐚𝐦𝐫𝐚𝐧 𝐀𝐬𝐠𝐡𝐚𝐫 (@Karman_1s) August 1, 2025

Hedera Market Sentiment

Meanwhile, X user Casey Morgan highlighted Hedera’s sharp rebound from $0.20 since early July. She noted that the Robinhood listing sparked a 13% surge, opening the door to millions of new traders.

Morgan pointed out Hedera’s strong fundamentals, including its 10,000 transactions per second capacity and its enterprise partnerships with firms like Google and IBM. She also mentioned a growing interest in DeFi and real-world asset integration through Thrive Protocol.

If you’re ignoring $HBAR right now, you’re missing one of the cleanest setups in the market.

Price dipped to the $0.20 zone, historically the bounce level for HBAR and surprise, it’s already rebounded over 60% since early July.

And then came the Robinhood listing?

Boom,… pic.twitter.com/mRqIlnSuDZ

— Casey Morgan (@CaseyOnChain) August 1, 2025

With Hedera’s market cap near $10.7 billion, traders see this as a crucial moment. The next move depends on whether HBAR holds the trendline or breaks down. If it holds, targets between $0.39 and $0.50 could come into play, with $1 viewed as a long-term milestone.

For now, the price is consolidating, and every test of this support is drawing attention. Hedera remains one of the most closely watched charts in the market as traders wait for confirmation of the next major move.

The post Hedera Holds Key Trendline as HBAR Price Eyes $0.31 Breakout appeared first on Blockonomi.

Visa continues its journey into the ever-evolving world of cryptocurrency and blockchain, adding support for more coins and chains to boost its versatility.

Meanwhile, stablecoins remain one of the leading trends in adoption during this year.

A Bit of Everything

In a press release shared with investors, Visa, the world’s second-largest card payment organization, announced that it’s adding support for two additional USD-backed stablecoins, two blockchains, and the euro-backed EURC.

The company has partnered with Paxos, which will bring two additional stablecoins to its roster – the Global Dollar (USDG) and PayPal USD (PYUSD).

In addition to already supporting the Ethereum and Solana blockchains, the new additions include Stellar and Avalanche. Moreover, the variety of stablecoins increases with the inclusion of Circle’s stablecoin, EURC.

“Visa is building a multi-coin and multi-chain foundation to help meet the needs of our partners worldwide,” said Rubail Birwadker, Global Head of Growth Products and Strategic Partnerships. “We believe that when stablecoins are trusted, scalable, and interoperable, they can fundamentally transform how money moves around the world.”

The firm’s network has now integrated a total of four stablecoins and four blockchains, following years of real-world pilots and partnerships.

One notable example is their union with Bridge earlier this year, part of Stripe, which enables stablecoin-linked Visa cards to be used at any merchant location in Latin America that accepts them. Bridge deducts the needed funds and converts them to local fiat, essentially mimicking regular transactions.

A Driving Force

There’s no denying that stablecoins have become a staple in institutions adopting cryptocurrency, as their market cap has doubled since the start of last year, according to current data from DefiLlama, now standing at over $265 billion.

According to the Ivy Analytics platform, 90% of businesses in 2025 have tested or used stablecoins, primarily for reducing cross-border payment costs and liquidity management.

The GENIUS Act, which was signed into law last month, introduced regulatory frameworks and provided assurance for corporations, governments, and everyday investors.

Major U.S. banks, including JPMorgan, Goldman Sachs, and Citi, among others, have publicly shared their ideas for exploring or incorporating stablecoins into their everyday operations.

The post Visa Adds More Stablecoin Support, Taps Stellar and Avalanche Chains appeared first on CryptoPotato.

The bears are having a field day, pushing the total cryptocurrency market capitalization down by more than $130 billion.

This comes on the back of considerable losses from Bitcoin, which dropped by 3% in the past 24 hours. However, the majority of altcoins are having it way worse.

Ethereum is down by 6%, BNB by 4.5%, SOL – by 5%, while many of the large caps are trading at discounts greater than 4%.

That said, there are only two tokens in the top 50 that are in the green, charting nominal gains – TONCOIN and ENA.

Ripple’s XRP is holding very strong relative to the rest of the market and it is seemingly holding its ground, dropping by only 1.2% in the interim. As CryptoPotato reported earlier today, XRP recorded a notable surge in interest in the US during the second quarter, as evidenced by the Q2 report by Coinbase. According to the release, the altcoin surpassed ETH by means of trading revenue, highlighting its surge in popularity and valuation.

Today’s worst performer is HYPE, which dropped by a whopping 11%, followed by Curve DAO (CRV) and SPX6900 (SPX), both of which lost about 7.5%.

The post Ripple (XRP) Price Holds Strong Relative to Broader Altcoin Meltdown appeared first on CryptoPotato.

One of the many companies to convert to a BTC treasury has made adjustments to its already ambitious plans for accumulating the asset.

The former hotel business has posted some impressive numbers since its transition, and it is maintaining this pace.

The Issuance Strategy

The publicly traded company, Metaplanet Inc., listed on the Tokyo Stock Exchange, has released a notice stating that it plans to increase the total number of authorized shares (the maximum legal amount possible) that it can issue.

The Extraordinary General Meeting (EGM), led by the Board of Directors, has decided to amend the Articles of Incorporation, specifically related to the increase of these shares from 1.61 billion to 2.723 billion, allowing for more flexible financing.

Additionally, a shelf registration (the process of registering securities for future sale, usually with a governing body) was issued for Class A and B Perpetual Preferred Shares, up to ¥277.5 billion ($1.8 billion), making a total of ¥555 billion ($3.7 billion) in potential raise.

Perpetual Preferred Shares are a type of stock that pays a fixed dividend to investors for as long as the company remains in business. It does not have a maturity date or a specific buyback date, and there are notable differences between the two classes.

The former can be deemed “safer,” but are less flexible. Considered a higher priority, upon the firm making a profit, shareholders of this class receive payment first; however, selling them back to the issuing company is not possible.

The latter can be described as “riskier” but more flexible. As they are of lower priority, in the event of financial struggles for the organization, sales of Class B shares occur after those of Class A, with the key difference being that this class can be converted to regular shares and sold at a later stage, provided certain criteria are met.

The Acquisition Strategy

At the beginning of June, the company announced its plan to acquire 210,000 BTC by 2027, representing a significant upgrade from its initial goals at the start of 2025, which were to accrue 10,000 BTC by the end of 2025, followed by 21,000 BTC by the end of 2026.

This is all part of the broader “555 million plan,” cleverly in line with the current goal of raising ¥555 billion in preferred stock. By mid-July, the corporation had achieved a 430.2% BTC yield, a key performance indicator (KPI) that reflects the percentage change in the ratio of its Bitcoin holdings to fully diluted common shares.

Naturally, as a result, the company’s market capitalization has also increased, and is currently up over 190% year-to-date (YTD) at the time of printing, according to data from Google Finance.

On BitcoinTreasuries, the enterprise is currently ranked 7th with 17,132 bitcoins in its coffers, nearing the 18,430 stash of Trump Media, and with a noticeable lead over the 12,830 BTC held by Galaxy Digital Ltd.

These amounts correspond to $197 billion, $212 billion, and $148 billion, respectively.

The post Metaplanet to Raise Another $3.7 Billion for Further Bitcoin Purchases appeared first on CryptoPotato.

The cryptocurrency markets continue bleeding out today. Bitcoin’s price dropped to a low of slightly above $113,000 while the majority of altcoins are having it much worse, as it’s almost always the case.

As seen in the chart below, the price has been in a freefall since wicking to $118,000 on July 31st and has shed more than $5,000 since.

Data from Coinglass shows that the total liquidations for the past 24 hours have surpassed $900 million, up more than 300% since yesterday, highlighting the severity of the move.

Naturally, long traders took the bigger hit, accounting for more or less $800 million of the total. Interestingly, ETH is leading the pack in liquidations with around $300 million, at the time of this writing.

As CryptoPotato reported earlier, the downturn comes amid severe turbulence in international geopolitics and macroeconomics as Donald Trump continues with his tariffs policy. He imposed an additional 10% tariffs on Canadian goods and slammed 10% on goods imported from every country, aside from the countries that are subjected to higher tariffs.

The drop is not isolated to crypto markets. The S&P 500 is down 1.5% today, the NASDAQ Composite lost 2.16%, while the Dow Jones Industrial Average also lost 1.2%.

The post Bitcoin Price Plummets Toward $113K as Total Liquidations Approach $1 Billion appeared first on CryptoPotato.

TL;DR

• Cardano trades 76% below its all-time high, forming a gradual cycle pattern with potential for a multi-month breakout.
• Analysts watch $0.62 support and $0.85 resistance as ADA shows signs of an accumulation phase.
• Volume spikes, RSI divergence, and ecosystem growth fuel bullish sentiment despite the recent 8% decline.

Cardano Mirrors Previous Market Cycle

Cardano (ADA) is showing a price pattern similar to its last market cycle, according to analyst Ali Martinez. The token is positioning itself close to the Fib level 0.382 at approximately $0.623 and is at resistance on the way up towards $0.85. Martinez notes that ADA appears to be in the same phase as the 2019–2020 cycle, which later led to a strong rally.

Cardano $ADA is showing the same price structure as the last cycle, only this time, it’s unfolding more gradually. And it feels like we’re right at the beginning of an explosive move. pic.twitter.com/xbg3phaz6x

— Ali (@ali_charts) August 1, 2025

If ADA stays above $0.62 and clears the $0.85–$0.90 range, the price may begin a multi-month climb toward $1.15 and $1.74. This cycle is unfolding more slowly than the last, pointing to a period of accumulation before a larger move.

Price Performance and Market Position

Cardano was trading at $0.72 at press time, with a 24-hour trading volume of about $1.59 billion. The token fell 8% in the past 24 hours and 9% over the past week. Its 24-hour range was $0.7154 to $0.7875, and the 7-day range was $0.7216 to $0.8536.

ADA remains well below its all-time high of $3.09, reached on September 2, 2021, representing a 76.6% drawdown. Glassnode data shows that Cardano has experienced multiple long drawdowns before recovering, following a pattern of extended consolidation periods preceding rallies.

Analysts and Market Sentiment

Market views are mixed. Market Prophit reports that crowd sentiment is bullish, while its model reads bearish. Hailey LUNC notes that ADA is breaking out of a multi-month downtrend, with bullish RSI divergence and volume spikes pointing to accumulation.

$ADA is quietly coiling and smart money is watching

Breaking out of a multi-month downtrend
Bullish divergence on RSI
Volume spike = accumulation
Cardano ecosystem heating up (Midnight, Hydra, CIP-68)

Future price predictions
Short term- $1.20
Long term-… pic.twitter.com/Cji2dLtJ4t

— Hailey LUNC (@TheMoonHailey) July 31, 2025

Hailey LUNC projects short-term goals around $1.20 and long-term possibilities up to $3.25 due to the expansion of the Cardano ecosystem amid Midnight, Hydra, and building CIP-68. ADA continues to trade in a discount phase, and breaking key resistance could align with the early stage of its prior rally cycle.

The post Cardano (ADA) Gears Up for Big Move as Analyst Sees Cycle Repeat appeared first on CryptoPotato.