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The 1inch team investment fund has recently expanded its holdings by transferring an additional 2 million USDC to Binance, signaling a strategic move within the crypto asset management space. This
The post Crypto Market Update: ETH, SOL, AVAX Prices and Predictions for 2025 appeared first on Coinpedia Fintech News The crypto market is showing serious signs of life again, and this time it’s not just Bitcoin making headlines. Ethereum (ETH) recently surged past the $3,000 mark, a key psychological level that many traders have been eyeing for months. And with that move, talk of a possible altcoin season has quickly returned. So, what’s driving this sudden surge? According to analyst Evan Aldo , it’s a mix of factors. The market has been expecting U.S. interest rate cuts later this year, and with inflation numbers cooling down, risk assets like crypto are bouncing back. On top of that, rare bullish patterns on Ethereum’s monthly chart has reignited hope, giving many reasons to believe this breakout could stick around longer than previous ones. But it’s not just Ethereum in the spotlight. Solana (SOL) has also been on a tear, recently surpassing Ethereum and Tron in Q2 blockchain revenue. Its price has steadily climbed, with the analyst predicting it could test $188 in the coming weeks, and possibly stretch to $250–$260 by mid-August if momentum continues. The analyst said that it could reach $400 by the end of the year if market conditions remain favorable. On the other hand, Avalanche (AVAX) has been a bit slower to catch up but is showing early signs of recovery. New developments in its ecosystem, including the launch of BlackHole DEX, have helped boost user activity. If AVAX holds key support levels, it could aim for $32 in the short term and possibly between $60 to $100 by the end of the year. When asked where they’d invest if starting fresh today, the expert advised putting 70% into Ethereum, with 15% each in Solana and Avalanche. Their reasoning? Ethereum looks set to outperform for the next few months, while Solana and Avalanche might take the lead in the final quarter of 2025.
Ethereum is emerging as a dominant force in the crypto market, with its price and open interest surging amid growing ETF inflows, signaling a potential altcoin season on the horizon.
XRP’s recent surge was predominantly fueled by South Korean traders, highlighting the region’s significant influence on the cryptocurrency’s market dynamics. Data reveals that Upbit, South Korea’s leading exchange, accounted for
Is the market about to flip bullish or is a supply crunch closer than we think?
Solana (SOL) has registered a 0.58% loss in the past day, representing a slight price retracement from its strong weekly performance. Notably, the altcoin gained by nearly 10% in the last seven days as general crypto prices surged, pushing its unit price into the $160 price region. Amidst the present market cool-off, Ali Martinez has tipped Solana to embark on a parabolic rally subject to a particular market condition. Related Reading: Why The Solana Price Could Crash To $95 Before Reaching $200 Solana Bulls Eye Breakout As $170 Emerges As Critical Resistance In an X post on July 12, Martinez outlines a bullish technical analysis on the Solana market, stating the altcoin is at a key price juncture. Using the weekly chart, the analyst has been able to identify a mega cup-and-handle pattern, which usually precedes a major price rally. However, the altcoin faces a critical price resistance at the $170 region. For context, the cup-and-handle pattern is a popular bullish chart formation that indicates potential for significant price upswings. As seen in the chart below, it resembles the shape of a teacup, commencing with a bearish market, followed by a price recovery of equal magnitude as seen between the start of 2022 and the start of 2025. During this period, investors saw Solana prices crash from around $250 to a cycle low of $9.88 before experiencing a gradual return to a similar peak, thereby forming the cup pattern. Thereafter, SOL has experienced significant price corrections and rebounds, eventually creating a descending price pattern that represents the handle of this formation. Notably, the cup-and-handle pattern only translates into a price surge following a decisive price breakout above the formation’s neckline. Following recent gains, Solana finds itself within touching distance of this neckline at the $170 price mark. Martinez explains that a successful weekly close above this major resistance will validate the bullish intentions on Solana, inducing a heavy market demand and paving the path for higher price territories. Based on the Fibonacci retracement and extension levels on the chart, the initial price target in the event of this breakout is set at $295, instantly matching the current all-time high. However, the historical magnitude of breakouts from cup-and-handle pattern points to lofty price targets, such as $ $787, $1,314, and a max target of $2,744. However, a rejection at $170 may force Solana to visit lower support levels near $135 or even $100, which has served as a major demand zone in the past. Related Reading: Cardano Price Explodes 30% In Past Week — Analyst Calls $5 Next Market Top Solana Price Overview At the time of writing, Solana is trading at $162.58 with a decline of around 0.58% as earlier stated. Meanwhile, the asset’s daily trading volume is down by 38.77% and valued at $3.72 billion. Featured image from Byte Tree, chart from Tradingview.com
Institutional interest in cryptocurrencies is reaching unprecedented levels in the current bull market. Bitcoin ETFs saw massive inflows, largely driven by BlackRock, indicating rising demand. Continue Reading: Crypto Market Surges as Institutional Dollar Inflows Defy Expectations The post Crypto Market Surges as Institutional Dollar Inflows Defy Expectations appeared first on COINTURK NEWS .
The post Can XRP Price Hit $3 Next Week? appeared first on Coinpedia Fintech News The price of XRP has been climbing steadily this week, with a strong bullish trend visible on the daily charts. Over the past few days, XRP has posted several green candles in a row, showing the rising buying pressure in the market. XRP often makes sharp moves once momentum kicks in: either upward or downward. Right now, XRP is clearly in an upward trend, and it recently broke through a key resistance area between $2.55 and $2.62. After this breakout, the next big target for XRP is sitting between $2.80 and $3.00. However, one concern is that XRP is currently in overbought territory on the daily timeframe. This means that while the price is strong, it could face some pullback or slowdown before attempting another big jump. What’s Next for XRP Price? If XRP can successfully break and hold above $3 in the coming days, it could quickly surge toward its all-time high range between $3.30 and $3.40. Historically, XRP has shown a tendency to move fast when it gains momentum and this time might not be different. If the price struggles around $2.90 to $3.00, support is expected to come back in between $2.55 and $2.62, which was previously a strong resistance zone. As long as the price stays above these levels, the overall outlook for XRP remains bullish. An expert explained that XRP formed a strong support zone around $1.90, creating a triple bottom pattern. This was followed by an inverse head and shoulders pattern, which helped push the price up. After breaking important resistance levels at $2.33 and $2.32, XRP surged close to $3.00. Right now, the price is pulling back near $2.77, but if this support level holds, the upward trend could continue.
Binance founder Changpeng Zhao (CZ) has reignited controversy by sharing allegations that Coinbase was the anonymous source behind Bloomberg’s critical report on Trump’s crypto project and Binance. The accusation centers