Jupiter crypto jumps 11% as Solana’s DeFi ecosystem grows

Jupiter token, powering the biggest dApp on Solana, rose more than 11% during this rally, benefiting from ecosystem growth. Jupiter (JUP) , the biggest DEX aggregator on Solana (SOL) , is taking advantage of the latest market rally. On Thursday, May 7, the token was up 11.83%, reaching $0.4622, driven by both market momentum and ecosystem growth. Altcoin momentum has started to pick up, as Bitcoin (BTC) broke above the $100,000 mark. The Altcoin Season Index reached its highest level since February, with 33 out of the top 100 altcoins in the green over the past 30 days. Altcoin season index by day | Source: CoinMarketCap Notably, Jupiter was not among the best performers during that period. In fact, it was one of the worst, losing 44% of its value over the past 90 days. Still, the strength of Solana’s ecosystem—where Jupiter continues to maintain dominance, is fueling renewed optimism. Jupiter rises on Solana DeFi Growth Part of the reason why Jupiter is recovering is thanks to the growth of Solana’s DeFi ecosystem. The surge coincided with Solana’s DEX volume breaking $800 billion so far in 2025. While more than half of this volume was in January, trading volumes remained consistent so far this year. You might also like: Solana price target: Expert predicts $180–$200 breakout This benefits Jupiter, which maintains a dominant position among Solana-based applications. So far in 2025, its DEX aggregator has accounted for 42%, or $334 billion, of all DEX volume on the chain. Raydium was a distant second, handling 23.48% of the total. Top DeFi applications on Solana by year | Source: Top Le dger Moreover, Jupiter controls 95% of the market share among DEX aggregators on Solana. As the most popular DeFi app in the ecosystem, Jupiter is well positioned to benefit from Solana’s continued recovery and expanding user base. If ecosystem growth persists, the JUP token is likely to follow. Read more: LIBRA’s collapse becomes Solana’s biggest scandal since FTX: How Jupiter and Meteora left retail rekt

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Trump calls Fed chair Jerome Powell ‘the fool I like very much’

President Trump went off on Federal Reserve Chair Jerome Powell yet again on Thursday from the White House and didn’t even try to hide how he felt. In a post on Truth Social, the president wrote, “’Too Late’ Jerome Powell is a FOOL, who doesn’t have a clue. Other than that, I like him very much!” The attack came less than 24 hours after Powell and the Fed announced they would keep interest rates where they are for the third straight month. Trump also once again lied that oil and energy prices had dropped, said grocery and egg prices were down, and bragged that there was “virtually NO INFLATION.” He added, “Tariff Money Pouring Into the US — THE EXACT OPPOSITE OF ‘TOO LATE!’ ENJOY!” The president launched this tirade after days of tension between the Fed’s rate policy and his push to show the American economy is recovering. Trump has been repeatedly pushing the narrative that his trade policies are bringing in revenue, cutting costs, and doing what Powell can’t. Trump announces 10% tariff floor, praises UK but slams other trade partners While the Powell jab got all the attention online, Trump used the same day to confirm a new round of tariff policy . Standing in the Oval Office, he told reporters that 10% will now be the lowest rate on imports from countries looking to secure trade deals with the United States. “Some will be much higher because they have massive trade surpluses and in many cases they didn’t treat us right,” he said. Trump made these remarks during a formal announcement of a new trade deal with the United Kingdom. He said the UK had earned the 10% baseline because it “always treated us with great respect.” He then told the room, “That’s a low number, they made a good deal.” He was clear that this rate wouldn’t apply across the board and shot down a question from a reporter asking if it was a template for future deals. “No, no,” he said flatly. The president said the final touches of the UK agreement were still being worked on, but claimed the outcome would include “billions of dollars of increased market access for American exports.” He also said that Britain had agreed to reduce or eliminate several non-tariff barriers that had blocked US products unfairly in the past. A post from Trump’s Truth Social account shared a chart during the event that showed US tariffs on the UK will remain at 10%. The same chart showed British tariffs on US goods dropping to between 5.1% and 1.8%, though there was no explanation on how those numbers were calculated. Starmer praises alliance, experts call deal limited UK Prime Minister Keir Starmer joined the Oval Office event remotely and said, “We’ve built an incredible platform for the future.” But the response in Washington wasn’t all clapping and nods. Josh Lipsky, who chairs international economics at the Atlantic Council, told CNBC that the deal “is a very small win, and it’s limited in scope.” He argued that deals like this can’t easily be repeated with countries that have larger trade imbalances with the US Meanwhile, Agriculture Secretary Brooke Rollins said she will travel to Britain next week to continue talks about expanding US beef exports under the new agreement. Back in London, 10 Downing Street issued its own statement following the announcement. A spokesperson for Starmer said, “Talks on a deal between our countries have been continuing at pace and the Prime Minister will update later today.” The statement stressed that Starmer “will always act in Britain’s national interest,” and called the US “an indispensable ally for both our economic and national security.” Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now

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Experts Say This Emerging $0.07 Altcoin Will Hit $1 Before Dogecoin, Worldcoin and Hedera

The crypto market isn’t what it was back in bullruns past. Once a market flush with opportunities for anyone and everyone who had lunch money to grow, crypto is now dominated by big-caps with comparatively lower upside for massive gains. Dogecoin, Worldcoin and HBAR are among the big names, but their large-cap status makes them less palatable to investors looking for big gains in 2025. However, one newcomer is looking like good value to hit $1 before its big-cap cohorts do. Remittix (RTX) is a newly launched PayFi protocol enabling instant crypto-to-fiat payouts to any bank account anywhere in the world. With RTX tokens still available at just $0.0757, Remittix is tipped to hit $1 sooner than Dogecoin, Worldcoin and HBAR will. Here’s why. Remittix presale tapping into trillion-dollar cross-border payments industry With its presale approaching a sensational $15 million raise, Remittix has emerged as one of the top candidates to hit $1 from its current presale price of just $0.0757 and for good reason. Remittix disrupts the trillion-dollar cross-border payments industry by enabling instantaneous crypto-to-fiat transfers at low fees and zero delays without the recipient having to know their payment came from crypto. Source: Remittix Powered by its native token RTX, the Remittix platform also offers high-yield staking pools offering up to 18% APYs, while its smart contracts have been audited for security by BlockSAFU. Throw in just a 1% flat fee on all transactions and no foreign exchange charges and it’s easy to see why Remittix is positioned for parabolic growth this year. Dogecoin : From meme to mainstream momentums Since breaching the $0.43 mark earlier in February, Dogecoin has gone on a major correction, trading at the $0.16 level as of press time. Nevertheless, Dogecoin is still up by a modest 4.4% in the past month, even as DOGE prices have struggled to stay afloat on an upward ascent to trade sideways thus far. Source: Coingecko Based on on-chain data, Dogecoin buyers are slurping the dip, accumulating Dogecoin at its current levels. If this trend continues, DOGE could break past resistance at $0.187 and finally on the next level out of the consolidation range. If trade volumes falter, Dogecoin could slip below $0.16. Whatever the case, $1 doesn’t look likely anytime soon. Worldcoin pump loses steam Worldcoin went on a major run to close out April, surging from $0.58 last April 6th to peaking at $1.22 last April 27th. However, Worldcoin failed to sustain its momentum entering May, going on a precipitous 22% decline in the first week of May amid major controversy involving the Kenyan High Court’s decision to delete all biometric information the protocol collected in the nation, including iris and facial scans. Source: Coingecko Nevertheless, even at its current price of $0.877, WLD holders who stuck around at earlier price levels are solidly in the green. But with more turbulence due to regulatory issues, Worldcoin appears to be in for a major correction. HBAR to $1? Possible in 1-2 years HBAR was also on a decent run in the past month, with token prices on a solid 12% increase. Currently trading around the $0.17 range, HBAR, due to its DAG technology and ability to scale to 100k TPS not to mention being governed by a council including some of the world’s biggest names, is bullish over the long run. $1 isn’t a matter of if, but when. However, that run to $1 could materialize in the next 2-3 years. With a mainnet live since 2019 and a blockchain built specifically for enterprise adoption, HBAR looks like it has the goods to achieve that target if only in a longer time frame. Source: Coingecko Remittix offers clear shot at $1 in 2025 Dogecoin, Worldcoin and Hedera face different paths to $1. All have the potential to do so. However, in terms of immediate potential to hit $1, Remittix easily takes the cake. RTX is still available at presale prices and remains a low-cap, undervalued opportunity that could go parabolic as soon as it hits exchanges. $1 is about 13x from $0.0757 and with the proven ability of low-caps to pump, Remittix has the clearest path out of all 4. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix

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SEC’s Bitcoin Bull Member Hester Peirce Announces Positive New Development for Cryptocurrencies

U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce announced that the agency is exploring a potential exemption order that would allow companies to use distributed ledger technology (DLT) to issue, trade and settle tokenized securities. The announcement was made on the penultimate day of the SEC's 31st International Securities Market Growth and Development Institute. Commissioner Peirce said it was important to modernise regulatory frameworks to accommodate innovation without compromising investor protection. The proposed exemption would allow companies to operate in a controlled environment, similar to international “regulatory sandboxes”, to test new trading systems and technologies. Tokenization, which involves formatting traditional securities like stocks and bonds as cryptocurrency assets on a blockchain, is a key focus area for the SEC’s evolving crypto oversight. According to Peirce, limited trading venues and regulatory uncertainty have discouraged the wider adoption of tokenized securities. A conditional exemption could break this cycle and provide regulatory relief to firms while ensuring market integrity and risk disclosure. Related News: BREAKING: Coinbase Announces It Will List a New Altcoin - Both for Spot and Futures Such exemptions could still require firms to adhere to anti-fraud standards, maintain records, and undergo SEC oversight. Additional requirements could be placed on custody services and trading limits to mitigate risks. Successful implementation by firms could lead to increased flexibility over time, Peirce said. Calling for both local innovation and international collaboration, Peirce encouraged global regulators to collaborate on cross-border sandbox initiatives. “Regulatory balancing act is not a solitary exercise,” Peirce said, touting the benefits of coordinated innovation to strengthen global capital markets. The SEC has not yet formalized the exemption and is awaiting feedback from industry stakeholders as it considers next steps. *This is not investment advice. Continue Reading: SEC’s Bitcoin Bull Member Hester Peirce Announces Positive New Development for Cryptocurrencies

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Arbitrum Jumps 8% – Can $ARB Break the Crucial $0.35 Ceiling?

Arbitrum ($ARB) is currently trading at $0.3328, reflecting an 8.6% gain over the past 24 hours. The Ethereum Layer-2 scaling solution saw a 72% surge in trading volume, with more than $183 million worth of ARB exchanged within the day. This momentum propelled $ARB to become the 54th-largest cryptocurrency by market capitalization, now valued at $1.58 billion, according to CoinMarketCap. Arbitrum Outpaces Rivals in Total Value Locked As USDC Adoption Grows While $ARB remains well below its January 2024 peak of $2.40, recent on-chain data suggests the protocol is regaining its footing in the DeFi and broader Layer-2 ecosystem. Arbitrum boasts over $2.3 billion in total value locked (TVL) across its DeFi protocols, surpassing rivals like Sui, Avalanche, and Aptos, despite their higher market capitalizations. Arbitrum Leads Competitor in on-chain Metrics/ Source: DefilLama Arbitrum also outperforms other prominent Layer-2 networks , including Polygon, Mantle, Optimism, and Starknet, across most on-chain metrics. This week, it topped the leaderboard for net inflows among all chains. Top chains by net inflows this week: Arbitrum Base Ethereum pic.twitter.com/OLhAHpHSya — DefiLlama.com (@DefiLlama) May 7, 2025 One major contributor to Arbitrum’s DEX growth is Camelot, a decentralized exchange under the Orbital Liquidity Network, which has facilitated over $57 billion in total trading volume and generated $52 million in fees. The stablecoin ecosystem on Arbitrum is also expanding rapidly. For example, the network now holds over $2.8 billion in stablecoin supply, bolstered by support from Circle, the issuer of $USDC. USDC crosschain transfers to Arbitrum just got faster with Circle’s CCTP V2! Anyone can now swap, trade, and pay with @USDC seamlessly from anywhere directly on Arbitrum https://t.co/BVwPCNoaS9 — Arbitrum (@arbitrum) May 2, 2025 Recently, Circle introduced cross-chain $USDC transfers to Arbitrum through its Cross-Chain Transfer Protocol (CCTP), allowing global users to send, trade, and pay with $USDC natively on the chain. Gaming Ecosystem on Arbitrum Booms with $200M Funding Initiative Arbitrum’s ecosystem is flourishing, with over 900 active DApps ranging from DeFi tools to gaming. According to DappRadar, more than 25 Web3 games have gained traction on the network, with at least 10 of them seeing rising user activity and revenue. Top Web3 Games on Arbitrum/ Source: DappRadar Further strengthening its commitment to gaming, Arbitrum Gaming Ventures (formerly The Gaming Catalyst) recently announced the first wave of investments and grants under its $200 million initiative to boost gaming and entertainment on the network. The inaugural cohort will receive $10 million in capital to fund new studios, game distribution models, and high-quality content development. Studios like Proof of Play, Hyve Labs, and Wildcard are among the first to benefit. $ARB Technical Outlook: Bullish Breakout Targets $0.3815 The 4-hour $ARB/$USDT chart shows a bullish breakout from a descending wedge pattern. After consolidating near the key support level of $0.2923, a strong bullish engulfing candle breached the upper boundary of the wedge. $ARB eyes $0.35 Mid-target/Source: TradingVie w This move was followed by two green candles with minimal lower wicks, indicating sustained buying momentum and limited selling pressure. The most recent candlestick closed near its session high, reinforcing bullish dominance. Meanwhile, the Relative Strength Index (RSI) has surged to 67.78, approaching overbought territory but not yet indicating a reversal. #Arb Arbitrum is consolidating within a strong range on a 2h chart If confirmed, we might see $ARB surge towards targets at $0.51, $0.54, $0.56, $0.58 and potentially $0.61 Crypto Traders-join Telegram https://t.co/4ApYM0VIA5 . pic.twitter.com/n75fkFlP00 — Whales_Crypto_Trading (@WHALES_CRYPTOzz) May 8, 2025 If $ARB sustains this bullish move and closes above that level with continued volume, the second target at $0.3815 becomes the next logical area of interest. This level coincides with a previous resistance from late April and may act as a profit-taking zone. The post Arbitrum Jumps 8% – Can $ARB Break the Crucial $0.35 Ceiling? appeared first on Cryptonews .

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Bank of England slashes rates to 4.25% as tariffs threaten growth

The Bank of England (BoE) has reduced its benchmark interest rate by 0.25 percentage points to 4.25% . This is the central bank’s first rate cut of the year and comes amid growing concerns about global trade tensions triggered by new US tariffs. The move from the Bank’s Monetary Policy Committee (MPC) marks the fourth rate cut since August 2024. It also warned that the UK economy would slow by a further 0.3% over the next three years in addition to dramatic cuts to its forecasts made earlier this year. In a setback for Chancellor Rachel Reeves, the MPC warned that a combination of uncertainty surrounding the impact of US trade policy and clouds hanging over the UK economy meant economic growth would be almost stagnant for the rest of the year. Governor Andrew Bailey said the global outlook had become more uncertain. He noted that the past couple of weeks had shown how volatile the global economy could be, which was why the Bank of England took a cautious and phased approach. The MPC was at loggerheads. Five of the nine officials voted in favor of the 0.25-point cut. Two preferred a more aggressive 0.5% reduction. The two others voted to keep the rate unchanged. This three-way division is unusual and reflects the extent of disagreement within the Bank. Economists Swati Dhingra and external member Alan Taylor lobbied to cut rates more deeply because demand is slackening. Chief Economists Huw Pill and Catherine Mann also expressed worry that inflation remains too high and favored keeping rates on hold. The final vote, 5 to 4 in favor of a smaller cut, demonstrates how closely the decision was divided. Tariffs trigger global shock, forcing BoE to act The Bank of England cut came after President Donald Trump announced sweeping new import tariffs from major trade partners, including many of the country’s allies like the UK and the EU. The move spurred a sell-off in global markets and revived trade war fears. The Bank warned that the new tariffs would contract the UK economy. While the immediate effect on British exports is expected to be modest, officials are more concerned about the broader disruption to global trade that could weigh heavily on growth. Two-thirds of the projected growth drag comes from the global shock, not direct UK-US trade. The IMF has already cut its estimate for global growth. The BoE piled in behind it, slashing its 2026 UK growth forecast from 1.5% to 1.25%. In the short term, it sees GDP growing 1% this year, a tad above its previous forecast, but warns that recent growth seems “erratic.” BoE signals cooling inflation but warns of lingering risks The rate cut also signals that inflationary pressures may be easing. The Bank of England now expects inflation to peak at 3.5% this year, slightly below earlier forecasts, and projects that its 2% target could be reached by spring 2027, nine months ahead of schedule. This change of perspective indicates declining energy prices and slowing pay growth. Wage growth, now in the vicinity of 6%, should slow to 3.75% by year-end. However, risks to the economy persist. The Bank has also designed two new alternative economic scenarios . In the first, prolonged policy uncertainty prompts consumers and businesses to hold back on spending and investment, further weakening growth. In the second, stagnant labor productivity combined with persistent wages could trigger a wage-price spiral, pushing inflation higher and making additional rate cuts far more precarious. The markets cheered the move, but only so much. Before the decision, markets priced in a cut of almost 3.5% by year-end. That is lower than an earlier range of 3.75% to 4%, given before the full outline of the US tariff plans was released. The British pound rose modestly against the dollar, and yields on British government bonds dipped as investors started to anticipate deeper cuts. Still, the Bank of England made its stance clear: there is no predetermined path for interest rates. Future moves will be made “gradually and cautiously,” guided by how inflation evolves and global risks unfold. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage

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Mog Coin Soars 35% as Elon Musk, Gary Tan Embrace Mog/Acc Philosophy

The MOG memecoin is up 35% on the day and nearly 200% in the past month after the mog/acc movement it celebrates was embraced by the likes of Elon Musk and Y Combinator founder Garry Tan. Mog is short for mogging, meaning winning, competing and doing better, and acc stands for accelerationism, a philosophy that embraces capitalist growth and rapid technological change to create social revolution. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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Solana Treasury Reserve Strategy company (UPXI) files with SEC to buy 201500 more SOL.

Solana Treasury Reserve Strategy company (UPXI) files with SEC to buy 201500 more SOL. $SOL #Solana

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Cryptocurrency Climbs as Bitcoin and Ethereum Gain Ground

The leading cryptocurrency is trading at $101,200, with a quiet rise. Bitcoin is predicted to rise to $124,000 by 2025. Continue Reading: Cryptocurrency Climbs as Bitcoin and Ethereum Gain Ground The post Cryptocurrency Climbs as Bitcoin and Ethereum Gain Ground appeared first on COINTURK NEWS .

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Unstaked, HBDR, and XLM Price Predictions: Utility, Growth, and Future Forecasts

$1M Raised in 24Hrs, Analysts Predict $5 for Unstaked, While Hedera TVL Surges to $169M and Stellar Reclaims $0.27 Zone In the crypto space, trends often come and go, leaving many projects with short-lived hype and little lasting impact. Among the various tokens trying to make their mark, Unstaked stands apart by offering tangible value beyond speculation. While projects like Hedera and Stellar continue to evolve through strategic partnerships and technical growth, Unstaked is focused on building real utility by integrating AI-powered community engagement. As the Unstaked presale attracts growing support and analysts forecast a promising future, it is quickly becoming a project to watch, especially when considering the long-term potential of tokens with practical, real-world applications. With this in mind, the Unstaked model presents a promising alternative for investors seeking more than just speculative gains. Unstaked: Ending the Meme Token Burnout with Real Utility Most meme and altcoins thrive on short-lived hype before fading into obscurity. However, Unstaked is shifting this pattern by offering more than just a speculative token. By tying the value of the $UNSD token to real, on-chain AI engagement, Unstaked ensures that its community-building efforts are both organic and sustainable. With AI agents that grow communities through actual interaction and contribution, $UNSD offers lasting utility that extends well beyond typical meme coin trends. Furthermore, analysts are now predicting a $5 target for $UNSD, fueled by its unique model and strong early performance. In just 24 hours, the presale raised $1 million, attracting early supporters eager to capitalize on the token’s long-term potential. As of now, the presale is in stage 4, with $2 million raised in only a few weeks. The current price stands at $0.007102, but the token will launch at $0.1819, giving presale participants a significant upside. For investors looking for the best crypto to invest in now, Unstaked stands out by aligning value creation with real utility, positioning itself as a token that delivers more than just speculation. With these attributes, Unstaked is setting the foundation for a meaningful, enduring crypto project that could shape the future of meme tokens and decentralized communities alike. Hedera (HBDR) Forecast: Ecosystem Growth Fuel Optimism Hedera’s recent surge in the stablecoin sector has garnered attention, with analysts projecting a potential rise to $1.00. This optimism is bolstered by strategic partnerships with major corporations such as Tata, Boeing, and Mondelez, which have joined Hedera’s governing council. These alliances enhance Hedera’s credibility and facilitate broader adoption of its blockchain solutions. Moreover, the network’s ecosystem is also experiencing significant growth. The Total Value Locked (TVL) in Hedera has surged to over $169 million, driven by platforms like SaucerSwap and Stader. SaucerSwap V2, in particular, has seen increased transaction volumes, indicating a growing DeFi presence on the network. Technological advancements further support the positive outlook. Hedera’s upcoming Verifiable Compute initiative aims to ensure the integrity of AI-driven systems, while a blockchain-based grant management platform is set to launch in Q2 2025, promoting transparency and community-driven funding. Stellar (XLM) Price Rise: A Technical Perspective Stellar (XLM) has recently demonstrated a bullish breakout from a falling wedge pattern, a technical formation often indicative of a potential upward price movement. Following this breakout, the price has retested the $0.2500–$0.2700 accumulation zone, forming higher lows, a signal that buyers may be regaining control. Technical analysts have set price targets at $0.4594, $0.5601, and $0.6719, aligning with historical resistance levels and Fibonacci extensions. In addition, Stellar’s market activity has seen a 10% increase, accompanied by four consecutive price rises, suggesting the formation of a golden cross, a long-term bullish indicator. This uptick in trading volume and price momentum reflects growing investor optimism. However, it’s important to note that while these technical indicators point towards a potential price rise, market conditions can be volatile. Therefore, investors should exercise caution and conduct thorough research before making investment decisions. Unstaked: A New Path for Meme Tokens As many projects rely on hype and short-term trends, Unstaked offers a fresh approach by tying its value to real, on-chain AI engagement. Unlike other tokens like Hedera and Stellar that focus primarily on partnerships and technical growth, Unstaked is focused on building lasting utility. With a strong presale performance and analysts projecting significant growth, it’s clear that the project’s focus on community-driven development and sustainability sets it apart. For investors looking beyond mere speculation, Unstaked offers a promising and practical path forward, making it a project with potential for long-term value. Join Unstaked Now: Presale: https://presale.unstaked.com/ Website: https://unstaked.com/ Telegram: https://t.me/UnstakedTokenOfficial X: https://t.me/UnstakedTokenOfficial Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .

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