Solana’s Canada-based ‘Strategy’ firm files with U.S. SEC to trade on Nasdaq

Canadian Solana Treasury firm, SOL Strategies, has submitted an application to the U.S. SEC in hopes of gaining permission to trade on the Nasdaq exchange under the ticker STKE. According to the recently filed official document , SOL ( SOL ) Strategies intends to trade Common Shares without par value under the the trading symbol “STKE” on the Nasdaq Capital Market. Initially, the company’s common stock was trading under the “HODL” symbol on the Canadian Securities Exchange and under “CYFRF” on the OTCQB. On June 19, the Ontario-based filed a Form 40-F application with the U.S. financial watchdog. A Form 40-F filing with the U.S. SEC is a necessary requirement for companies seeking to register securities for trading in the U.S. market. The form is still awaiting approval from the SEC . This is the first time the Solana Treasury firm plans to enter the U.S. market, which could potentially grant them more exposure into America’s increasingly pro-crypto movement. After news of the filing broke, SOL Strategies’ stock saw an increase in value by 4.3% as of June 19. According to data from Google Finance, HODL stock rose 10 points to 2.38 from 2.28. Price chart for Solana in the past few days of trading, June 19, 2025 | Source: crypto.news You might also like: Solana co-founder doxxed on hacked rap group Migos’ Instagram account In contrast, the news of SOL Strategies’ SEC filing barely affected the price of Solana. Shortly after the news went viral, SOL jumped slightly by 0.3% in the past hour. At press time, SOL has gone down 1.62%, continuing its descent from a few days prior. SOL is currently trading at $146.38. The token has declined nearly 9% in the past week and 13.6% in the past month. Its market cap stands at $77.2 billion. How much Solana are in SOL Strategies’ holdings? On May 29, SOL Strategies reported that it had purchased 26,478 SOL for $4.7 million. This recent purchase brings its total holdings to approximately 420,355 SOL, consisting of 269,258 SOL owned and 268,671 tokens actively staked to the company’s validators. Back in April, SOL Strategies announced that it had secured funds of up to $500 million via a convertible note agreement with ATW Partners. The firm plans to use the capital to accumulate more SOL tokens and support validator operations. Formerly operating under the name Cypherpunk Holdings Inc., SOL Strategies initially shifted from a Bitcoin (BTC)-focused treasury and began accumulating Solana in late October 2024. Just a month prior, the company rebranded and changed its name to SOL Strategies. However, the official announcement that they were discarding its Bitcoin treasury strategy in favor of Solana in their Q4 Shareholder Letter filed January 29, 2025. Read more: SOL Strategies secures $500m in funding for Solana purchases and staking

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UK Wants Banks to Have Less Exposure to Crypto by Next Year – Here’s Why

The Bank of England (BOE) is considering a proposal that would restrict UK banks’ exposure to crypto by 2026. Speaking at the Risk Live Europe event in London on Wednesday, the central bank executive director, David Bailey, noted that the UK’s upcoming rules would be more on the “restrictive end.” He specified that banks would be encouraged to keep a low crypto exposure. “There are also examples where it might be more appropriate to start more towards the restrictive end of the spectrum,” he said. “The prudential treatment of banks’ exposures to cryptoassets, and specifically those with features associated with heightened price volatility and where investors could lose the entirety of their investment, is an example in this space.” UK Rules to be ‘Informed’ by Basel Committee Standards Besides, the UK is working to enact the Basel Committee on Banking Supervision’s disclosure framework for crypto exposure . This includes “standardized set of public tables and templates covering banks’ crypto exposures.” The Basel Committee originally indicated crypto disclosures to arrive by January 2025; however, it extended the deadline by another year. Further, the Basel Committee recommended that banks allow only 1% of their investments in cryptocurrencies like Bitcoin . FCA Set to Implement New Crypto Regime The UK’s Financial Conduct Authority (FCA) has been pushing to establish a clear framework for cryptoasset firms in the country. The regulator’s “ gateway regime ” is earmarked for 2026, which will act as a new authorization for crypto companies. The regulator is also looking to finalize its regulatory framework for stablecoins and crypto custody. The FCA is currently seeking public input on its stablecoin regulation plan. The restrictions on banks’ crypto exposure come at a time when European banks are increasingly involved in crypto. Though the EU watchdog, ESMA, noted that 95% of EU banks do not engage in crypto activities, banks like BBVA have gone ahead in advising wealthy customers to invest in crypto. https://twitter.com/cryptonews/status/1935216936985755992 The post UK Wants Banks to Have Less Exposure to Crypto by Next Year – Here’s Why appeared first on Cryptonews .

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Why OKB Price Prediction 2025 Signals a Bullish Year and Qubetics $18M Presale Hints at 4349% ROI

Cryptocurrency market participants closely follow key assets like OKB to gauge future trends. The OKB token, native to one of the largest global exchanges, has shown considerable resilience and steady growth potential. This article provides an in-depth look at the OKB price prediction 2025, dissecting monthly forecasts alongside an exploration of Qubetics , a promising new blockchain project that focuses on solving the critical issue of interoperability. As blockchain becomes increasingly interconnected, projects like Qubetics that enable seamless cross-chain functionality are poised to redefine the market dynamics. Alongside the technical analysis of OKB’s price trajectory, a thorough breakdown of Qubetics’ latest crypto presale data and its growth potential highlights a dual narrative of stability and innovation in crypto. What the Numbers Say: OKB Price Prediction 2025 OKB’s price outlook for 2025 shows promising stability with an optimistic growth trend. Based on extensive technical analysis, the minimum expected price for OKB in 2025 is around $46.09, while its peak could reach $51.58. The average trading price across the year is projected near $57.06, suggesting a modest yet meaningful potential return on investment. Breaking this down further, June 2025 forecasts an average price of $57.06, with a price floor of $51.11 and potential to surge slightly higher. This phase shows a potential return on investment (ROI) of approximately 20.4%. July follows closely with a similar average forecast near $54.14, a floor of $51.43, and a peak just under $57, maintaining consistent momentum. August appears to mark a subtle cooling, with analysts expecting an average OKB price around $52.09 and a tighter price range between $51.37 and $52.81. The ROI here moderates to about 11.5%, reflecting typical seasonal market fluctuations. September’s forecast continues this trend with a slightly lower floor price near $50.03 and a peak of $52.38, averaging $51.21 for the month. October expects OKB trading in the range of $49.14 to $53.57, settling at an average of $51.36. November offers a stronger outlook, with a floor price near $50.90 and peaks around $55.18, which raises the average forecast to $53.04 and an ROI climbing back to 16.5%. December closes the year with a broader price range from $46.09 to $53.60 and an average around $49.85, reflecting the typical year-end volatility and a final estimated ROI of 13.1%. Throughout 2025, OKB’s price stability, combined with moderate upward potential, indicates a crypto asset that is solidifying its market presence while offering growth aligned with broader industry trends. Why Qubetics’ Interoperability Might Change Blockchain Among emerging cryptocurrencies, Qubetics stands out for one major technical innovation: interoperability. Unlike many blockchains that operate in silos, Qubetics is architected as a Web3 aggregated chain designed to unify multiple networks, including the Bitcoin blockchain, into a single cohesive ecosystem. This interoperability means that Qubetics facilitates effortless interaction and integration between decentralized applications (DApps), tokens, and data across different chains. In practical terms, users and developers can execute cross-chain transactions, transfer assets, and share data seamlessly. This level of integration addresses a key limitation in blockchain technology today, where fragmentation impedes scalability and broad adoption. As blockchain use cases expand from finance to supply chains and beyond, interoperability will be a major driver for adoption. Qubetics’ approach represents a critical step forward in creating a unified blockchain experience that could boost future growth. Qubetics Presale: A Snapshot of Momentum Currently, Qubetics is in its final public sale phase, with fewer than 10 million $TICS tokens remaining at the fixed presale price of $0.3370. This stage marks the last opportunity to acquire tokens before an anticipated listing price increase to approximately $0.40, representing an expected 20% gain at launch. The project has already raised over $18 million through the crypto presale , with more than 28,000 token holders participating. Approximately 516 million $TICS tokens have been sold, indicating strong community and market interest. Notably, the tokenomics were recently adjusted to slash the total supply from over 4 billion to just 1.36 billion tokens. This reduction creates immediate scarcity and sets a foundation for potential long-term value appreciation. Qubetics Price Prediction: What Happens if $20,000 Enters Qubetics Assuming a purchase of $20,000 worth of $TICS at the current presale price of $0.3370 per token, the buyer would receive approximately 59,340 $TICS tokens. If the price reaches the expected listing value of $0.40, the portfolio value would increase to about $23,736. Should the price escalate to $1 post-presale, the same holding would be worth $59,340, yielding a 196% return on the original amount. At a $5 valuation, the portfolio’s value would climb to $296,700, translating to a remarkable 1,383% gain. Further along, at a $10 price point after the mainnet launch, the holdings would be worth nearly $593,400, marking an extraordinary 2,866% increase. Finally, if the token’s value hits $15, the portfolio value would surge to $890,100, representing an exceptional 4,349% ROI. As always, market conditions and external factors will influence real outcomes, and caution remains necessary. Conclusion: A Dual Perspective on Crypto Potential in 2025 The OKB price prediction 2025 presents a stable, promising outlook with gradual appreciation and moderate volatility. Conversely, Qubetics ’ core interoperability feature addresses one of the most critical challenges in the industry—enabling seamless cross-chain interactions. The ongoing presale and adjusted tokenomics create a unique entry with tangible scarcity and potential for rapid value appreciation. Understanding both provides a comprehensive view of what the future may hold for cryptocurrency markets. For More Information: Qubetics: https://qubetics.com Presale: https://buy.qubetics.com/ Telegram: https://t.me/qubetics Twitter: https://x.com/qubetics FAQs 1. What is the expected OKB price prediction in 2025? OKB is forecasted to trade between approximately $46.09 and $51.58, with average monthly prices varying slightly but trending around $50 to $57. 2. Why is Qubetics’ interoperability important for blockchain? Interoperability allows different blockchains and applications to communicate and transact seamlessly, solving the problem of isolated networks and expanding use cases. 3. How much has Qubetics raised during its crypto presale? The presale has raised over $18 million, with more than 28,000 token holders and over 516 million $TICS tokens sold. 4. What are the potential returns for Qubetics from presale to mainnet? At current projections, returns could range from 20% at listing price ($0.40) up to over 4,000% if the token reaches $15 post-mainnet launch. 5. Are there risks associated with investing in these cryptocurrencies? Yes, price volatility, regulatory changes, and technological risks affect all crypto assets. Proper due diligence and risk management are essential. The post Why OKB Price Prediction 2025 Signals a Bullish Year and Qubetics $18M Presale Hints at 4349% ROI appeared first on TheCoinrise.com .

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Digg Reboot Reveals AI-Powered News Aggregator

BitcoinWorld Digg Reboot Reveals AI-Powered News Aggregator The internet is changing rapidly, and with the rise of AI and increasing concerns about authenticity, the return of a familiar name like Digg is turning heads. Originally a titan of the Web 2.0 era, Digg is back, aiming to challenge platforms like Reddit by building a news aggregator designed for the AI age. For those interested in technology and digital communities, the launch of the alpha version of the Digg reboot offers a first look at what this ambitious project has in store. The Return of Digg: A Look at the Reboot Digg, a name once synonymous with internet news discovery, is attempting a significant comeback. After reaching a valuation of $175 million in its prime around 2008, the platform eventually faded, being sold off piece by piece a decade later. Now, original founder Kevin Rose has teamed up with Reddit co-founder Alexis Ohanian to resurrect the brand. Their vision for this social media reboot is clear: create a space for genuine human interaction in an online world increasingly populated by bots and AI. They’ve even hinted at exploring technologies like zero-knowledge proofs and other tools to verify users are human before they can post, a concept that resonates with the identity challenges faced in the digital age. The first glimpse of this new era is here, with an iOS app entering alpha testing for early adopters in the Groundbreakers community. AI News Aggregator Features in Testing The alpha version of the Digg iOS app provides a solid first look at the platform’s direction. The interface is clean and intuitive, featuring a simple navigation bar at the bottom for accessing core sections like the Home feed, Search, Leaderboards, and user profile. Like its competitor Reddit, Digg offers various feeds allowing users to sort content, including “Most Digg” (popular), “Newest,” “Trending,” and “Heating Up.” These filters can be applied across the entire platform or just within a user’s personalized feed based on the communities they follow. A notable feature in this early build is the integration of AI news aggregator summaries displayed beneath articles. This trend has been seen in other news apps, but its effectiveness can vary. While Digg currently only offers basic summaries, future iterations might explore more advanced AI features seen elsewhere, such as explaining stories from multiple viewpoints or simplifying complex topics. How Digg Aims to be a Reddit Competitor At its core, the new Digg functions similarly to established social media platforms and news aggregators. Users can share content, engage with posts through upvotes (or “Diggs”) and downvotes, save items, and leave comments. While the alpha currently features a limited set of predefined communities covering broad topics like technology, finance, and entertainment, the ability for users to create their own communities is planned for later testing phases. Digg is attempting to differentiate itself in subtle ways. The voting icons, designed to look like hands, are one such attempt, though feedback suggests they need refinement for clarity. The platform also incorporates gamification elements, like earning “Gems” for discovering trending posts early and featuring leaderboards. Learning from its history, the rebooted Digg has made its leaderboards time-bound, refreshing daily to prevent the concentration of influence that plagued the previous version, where power users could manipulate the front page. Community Focus and Social Media Experience Beyond just aggregating news, Digg is building a social media experience centered around community. User profiles include standard features like bios and stats, alongside achievements. The “Gems” system rewards users for being early discoverers of content that gains traction, a form of gamification intended to encourage exploration. Daily leaderboards highlight top content and users, although Digg is already adjusting the prominence of these features based on early user feedback, particularly on the desktop version. Looking ahead, the founders envision leveraging AI even further, potentially using large language models (LLMs) to help users design and customize their communities, tailoring the structure and layout through conversational prompts. This focus on community building and human connection is central to their strategy for competing with platforms like Reddit and addressing the challenge of an increasingly automated online landscape. Challenges and the Path Forward for the News Aggregator While the alpha app shows promise in terms of design and core functionality, the biggest hurdle for the Digg reboot remains: providing a truly compelling reason for users to leave their existing social media habits, particularly their use of Reddit. The current feature set, while functional, doesn’t yet offer a significant differentiator. The real test will come as Digg rolls out features like user-created communities and potentially implements more advanced AI capabilities or identity verification methods like zero-knowledge proofs, which could appeal to users seeking more authentic online spaces. The founders’ long-term vision, including using AI to empower community leaders in designing their spaces, points towards potential future innovations. Ultimately, the success of this ambitious news aggregator reboot will depend on its ability to evolve beyond a basic Reddit competitor and deliver on its promise of a human-centric platform built for the challenges of the AI era. Conclusion The return of Digg is a fascinating development in the online news and social media landscape. With a focus on building an AI news aggregator that prioritizes human connection in an age of automation, and hints at exploring technologies like zero-knowledge proofs, the reboot has set an ambitious goal. While the initial alpha testing phase reveals a clean, functional platform with basic AI features and gamification elements, the challenge of attracting users away from established giants like Reddit is significant. The path forward involves rolling out key features like user-created communities and potentially deeper AI integration. Digg’s success will hinge on whether it can effectively differentiate itself and build a vibrant, authentic community that lives up to the founders’ vision for a news aggregator truly built for the future. To learn more about the latest AI news trends, explore our article on key developments shaping AI features. This post Digg Reboot Reveals AI-Powered News Aggregator first appeared on BitcoinWorld and is written by Editorial Team

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Shiba Inu – A 6,306% hike in inflows? It could be a breakout or a bull trap IF…

SHIB’s price action has built momentum amid whale inflows, burn spikes, and a falling wedge setup.

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Solana (SOL) Shows Accumulation Amid Weak Market, Potential Support at $144 Could Influence Recovery

Solana (SOL) faces weak market conditions but continues to see accumulation, indicating strong investor confidence and potential for recovery. The Network Value to Transactions (NVT) ratio declines, signaling balanced network

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What could $1,000 in Hyperliquid, XYZVerse, and Ondo Finance be worth by 2035?

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A $1,000 investment spread across Hyperliquid, XYZVerse, and Ondo Finance today could unlock major gains by 2035, driven by market momentum and community strength. Table of Contents XYZ prepares for exchange listings as presale surges past $14m Hyperliquid surges forward Ondo slides in downward move Conclusion Imagine turning a modest investment today into considerable wealth by 2035. Hyperliquid, XYZVerse, and Ondo Finance are three innovative platforms that could offer significant returns over the next decade. This article delves into how a $1,000 investment spread across these assets might grow, exploring potential future values and the factors that could influence them. XYZ prepares for exchange listings as presale surges past $14m XYZVerse (XYZ), one of the most talked-about memecoins of 2025, is turning heads with its bold presale trajectory, aiming to leap from just $0.0001 to a projected $0.10. With over $14 million already raised and the token price now sitting at $0.003333, XYZVerse is halfway to its ambitious goal. As the presale enters Stage 13, the next price jump to $0.005 gives early investors another chance to lock in discounted access before the token hits the open market. The team has hinted at major centralized and decentralized exchange listings post-presale, building anticipation for what could be one of the summer’s biggest launches. XYZVerse is more than just another memecoin; it’s a call to arms for those with a champion’s mindset. With branding rooted in sports culture, competitive drive, and relentless ambition, XYZ speaks directly to thrill-seekers and profit chasers. At the heart of XYZVerse is XYZepe, the project’s meme mascot and symbolic fighter in the crypto ring. As it battles for top rankings on CoinMarketCap, many are wondering: could XYZ become the next Dogecoin or Shiba Inu? What sets XYZVerse apart is its deep commitment to community. The team has allocated a staggering 10% of the total supply, 10 billion XYZ tokens, to community airdrops. That makes it one of the largest memecoin airdrop campaigns ever, rewarding those who engage early and stay active. Combined with deflationary tokenomics, ongoing token burns, and a clear exchange roadmap, XYZ is positioning itself for a strong debut and sustained momentum. The strategy is simple: reward the loyal, hype the moment, and push for long-term gains. You might also like: TRUMP vs. FART vs. XYZVerse: Which memecoin currently holds the momentum in 2025? Hyperliquid surges forward Source: TradingView Hyperliquid ( HYPE ) has seen significant movement recently. Over six months, the coin’s price surged 62.14%. In the last month, HYPE jumped 49.47%. However, the past week saw a slight dip of -3.958%, suggesting a minor correction. Currently, HYPE trades between $35.87 and $45.27, near its 10-day and 100-day moving averages of $40.34 and $41.44. The RSI is 48.88, close to neutral, indicating neither overbought nor oversold conditions. The stochastic oscillator is at 66.65, suggesting moderate momentum. Looking ahead, the nearest resistance is at $49.37. If HYPE breaks through, it could target the second resistance at $58.77, a potential increase of around 30%. On the downside, the nearest support is at $30.57, and a drop to the second support at $21.17 would mean a decrease of about 40%. Given the strong recent growth and moderate indicators, there’s potential for HYPE to continue upward if it can overcome resistance. Ondo slides in downward move Source: TradingView Ondo ( ONDO ) has faced a tough market recently. In the past week, its price dropped by 16.60%. Over the last month, it declined by 21.91%, and in the past six months, it fell by 57.05%. Currently, ONDO is trading between $0.72 and $0.89, reflecting a significant decrease from previous levels. The technical indicators show a mixed outlook. The Relative Strength Index (RSI) sits at 42.94, suggesting that the coin isn’t oversold yet but is approaching that territory. The 10-day Simple Moving Average (SMA) is $0.75, slightly below the 100-day SMA of $0.79. This indicates a short-term bearish trend. The MACD level is negative at -0.006124, which might point to continued downward momentum. Looking ahead, the nearest support level is at $0.65. If the price dips below this, it could slide to the second support at $0.48, a significant drop from current levels. On the upside, the nearest resistance is at $0.99. Breaking through this could see ONDO aiming for the second resistance at $1.16, which would be a substantial increase of over 30%. Traders will be watching these levels to see if ONDO can reverse its downward trend. Conclusion While HYPE and ONDO show promise, XYZVerse stands out, blending sports and meme culture to aim for 20,000% growth and community-driven success by 2035. To learn more about XYZVerse, visit its website , Telegram , and X. Read more: TRUMP vs. FART vs. XYZVerse: Which memecoin currently holds the momentum in 2025? Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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Sol Strategies Files for Nasdaq Listing as SOL Holdings Exceed 420,000

Canadian digital asset firm Sol Strategies has filed for listing on the Nasdaq Capital Market amid its US market expansion strategy. Key Takeaways: Sol Strategies has filed to list on Nasdaq under the ticker “STKE” as part of its U.S. expansion. The firm holds over 420,000 SOL tokens and is positioning itself as a blockchain-focused investment vehicle. Sol Strategies will follow Canadian governance standards and remain exempt from certain US rules. The company, which currently trades on the Canadian Securities Exchange (CSE), aims to have its common shares listed under the ticker “STKE” on Nasdaq, according to a Form 40-F registration statement filed with the U.S. Securities and Exchange Commission. The listing comes as Sol Strategies reveals it holds over 420,000 SOL tokens, which makes the firm one of the more prominent institutional holders of Solana’s native asset. Source: SEC Sol Strategies Eyes Growth as Digital Asset Investment Vehicle Sol Strategies is positioning itself as a digital asset investment vehicle with a focus on emerging blockchain technologies. In its filing, the company cited expectations of further growth driven by Solana’s growing market share in asset tokenization and the digital asset infrastructure landscape. The company also revealed it has 172.2 million common shares outstanding, along with a range of convertible securities—including over 12 million warrants and 5.3 million stock options. These figures point to a potentially active capitalization table, should investor interest pick up following a successful U.S. listing. Sol Strategies qualifies as a “foreign private issuer” under SEC rules, which exempts it from certain U.S. regulatory requirements, including proxy solicitation rules and Section 16 filings. It intends to continue following Canadian governance practices under the CSE framework, which differ in several ways from U.S. standards. For instance, its board does not require a majority of independent directors, and it does not maintain separate nominating or compensation committees as mandated by Nasdaq for domestic issuers. Despite the listing ambitions, the firm acknowledged a range of risks, including the evolving nature of crypto regulation, potential volatility in digital asset prices, and the uncertainty surrounding classification of certain tokens under securities laws. SOL Strategies Files $1B Shelf Prospectus for Future Growth In May, SOL Strategies filed a preliminary shelf prospectus in Canada on May 27, aiming to raise up to $1 billion . While the company has no immediate fundraising plans, the filing is a strategic move to create financing flexibility as it targets expansion within the Solana ecosystem. Once approved, the shelf will allow SOL Strategies to offer a mix of securities, ranging from common shares to debt instruments, over time without re-filing for each issuance. In April, the company also secured a $500 million convertible note facility from ATW Partners in April. Proceeds will be used to acquire and stake SOL tokens on SOL Strategies’ own validators. The notes are interest-bearing in SOL and performance-linked, aligning the firm’s capital strategy with Solana’s staking economy. In another development, SOL Strategies has signed an MOU with Superstate to explore issuing tokenized company shares on the Solana blockchain. The initiative, still subject to regulatory review, would mark one of the first attempts to move public equity on-chain. The post Sol Strategies Files for Nasdaq Listing as SOL Holdings Exceed 420,000 appeared first on Cryptonews .

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Jito (JTO) and Raydium (RAY) Prices Surge: What’s Driving the Solana DeFi Rally?

The post Jito (JTO) and Raydium (RAY) Prices Surge: What’s Driving the Solana DeFi Rally? appeared first on Coinpedia Fintech News The Solana ecosystem is on fire today, with two of its leading blockchains—Jito (JTO) and Raydium (RAY)—experiencing significant price surges. Currently, the JTO prices are up by over 10%, while Raydium has gained nearly 15% in the past 24 hours. The rally is drawing strong interest from both institutional and retail investors, particularly as optimism around the Solana Network, ETF speculation, and DeFi growth reaches new highs. Why is Jito (JTO) Price Rising Today? Jito, a liquid staking protocol on Solana, has seen a dramatic uptick in price, and the reasons include the rise in optimism within the Solana ecosystem and recent SEC filings sparking ETF speculation. Moreover, Jito’s futures open interest has surged, with the traders opening long positions, which indicates bullish sentiments. Besides, Jito Labs has reportedly held a positive dialogue with the SEC, focusing on compliance and token transparency, improving investor confidence. As seen in the above chart, the JTO price has breached above the descending trend and surged above the 0.236 FIB levels. The RSI is incremental and appears to be poised to rise above the upper threshold, despite multiple failed attempts. Therefore, the JTO price is expected to maintain a healthy consolidation and reach the next target at 0.382 FIB at $2.5 in a short while. However, the bulls may regain control only after the Jito prices secure 0.5 FIB at $2.88 and clinch $3. What’s Fueling Raydium (RAY)’s Price Surge? Raydium, a leading automated market maker (AMM) and DeFi protocol on Solana, is also seeing massive gains. RAY’s listing on Upbit (South Korea’s top crypto exchange) has led to a surge in demand, especially from Korean investors. The ongoing buy back program has also gined grounds where protocol’s design allocates 12% of fees to buy back RAY tokens which reduces circulating supply. With this, the RAY price broke through a critical resistance level, triggering momentum traders and algorithms. The RAY chart shows a huge possibility of a bullish breakout, as the token has held the rising support for a while. The volume spiked massively, suggesting a significant rise in the trading activity. Meanwhile, the Bollinger bands hav squeezed which suggests a massive breakout is on the horizon. Considering the chart patterns, a breakout towards the north is more viable, which could lift the levels into the resistance zone between $3.55 and $3.8. If the price secures and rises above these levels, the bulls may regain control and elevate the levels to new highs. What Does This Mean for the Solana DeFi The simultaneous surge in Jito and Raydium prices is a strong indicator of renewed interest in Solana DeFi projects. Both tokens are backed by solid fundamentals and benefit from Solana’s low fees, fast transaction speeds, and growing institutional interest. Moreover, the potential Solana ETF approval could act as a massive catalyst for the entire ecosystem. Jito (JTO) & Raydium (RAY) prices are surging due to a perfect storm of bullish catalysts and as the investors’ interest grows, these tokens could lead the next phase of Solana’s DeFi expansion.

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Ether’s Potential Strength May Influence Onset of Altcoin Season, Analysts Suggest

Crypto markets are gradually shifting focus from Bitcoin to Ethereum, signaling a potential altcoin season driven by Ether’s performance. Despite this shift, many investors remain cautious due to lingering bearish

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