Binance Alpha’s launch of the RDAC token airdrop marks a significant milestone in the Web3 ecosystem, positioning it for substantial growth. RDAC integrates innovative features like staking rewards and cross-chain
Crypto policy leaders say the industry’s legislative agenda could evaporate if the GENIUS Act isn’t rescued from death’s door by Friday.
BTC price stands at $104,507, ETH surpasses $2,700, exciting investors. Institutional demand rises, firms like Twenty One purchase significant Bitcoin amounts. Continue Reading: Exciting Surge As Major Companies Snap Up Bitcoin The post Exciting Surge As Major Companies Snap Up Bitcoin appeared first on COINTURK NEWS .
Coinbase, the largest cryptocurrency exchange in the United States, shared an interesting announcement about four major altcoins in its latest statement. The exchange announced the upcoming launch of cbADA, cbDOGE, cbLTC, and cbXRP, which are bridged versions of Cardano (ADA), Dogecoin (DOGE), Litecoin (LTC), and Ripple (XRP) coins to the Base network. The Base network is known as an Ethereum Layer-2 network powered by Coinbase. A similar Bitcoin equivalent was recently launched by Coinbase in the form of cbBTC. This token worked on the logic that Bitcoins were locked with a smart contract and minted in equal amounts on the Base network, thus representing Bitcoin on the Base network. Related News: BREAKING: A Company Has Announced That It Has Purchased a Large Amount of Bitcoin - It's Not MicroStrategy It is thought that the newly created cbADA, cbDOGE, cbLTC and cbXRP will be similarly locked with smart contracts and re-minted on the Base network, thus acting as the equivalent of the coins in question on this network. In addition, these tokens can be unlocked via smart contracts at any time and released back into their original networks. Coinbase officials warned that the tokens have not yet been released and asked followers to stay tuned for a launch date, but also warned about fake cryptocurrencies claiming to be the tokens. *This is not investment advice. Continue Reading: BREAKING: Coinbase Makes Unexpected Announcement About Cardano (ADA), Dogecoin (DOGE), Litecoin (LTC), and Ripple (XRP)
Ethereum (ETH) has witnessed a remarkable 43.5% rally over the past week, indicating shifting market dynamics, yet key indicators suggest a potential cooling in momentum. Despite its impressive surge, the
Newcomers and established names in the cryptocurrency world are capturing attention and stirring excitement. Kaspa , Jupiter , and Solana stand out as promising contenders, suggesting they might lead the next altcoin surge. Discover which digital assets are poised for significant growth and why investors are closely monitoring these cryptos. Dive into the details of their potential rise. Kaspa: Short-Term Surge Amid Long-Term Setback Kaspa recorded a strong one-month gain of 47.50% and a solid one-week jump of 19.36%. However, the six-month performance shows a modest decline of 10.95%. This coin has recently sparked investor interest with a quick rally, reflecting rapid price movements that contrast with an overall dip in the longer term. The volatility in its price indicates that while there are gains, the longer trend remains less favorable. Current trading sees Kaspa moving between a price range of $0.0585 and $0.1150, with near-term resistance around $0.1403 and support at $0.0274. Bulls appear to be in control in the short term, yet the broader picture remains mixed. Traders might find buying opportunities near the support level while waiting for a sustained break above the resistance to signal a clear upward move. Jupiter Altcoin Surge: Riding Bulls at Key Levels Jupiter recorded a one-month gain of 32.71% and a one-week spike of 26.06%, while the six-month performance dropped by 53.60%. Price shifts have been erratic with notable volatility reflecting rapid corrections and sharp reversals. This historical performance underscores a period of heightened activity and risk, marked by significant short-term rallies amid a broader downtrend. Current prices trade between $0.34 and $0.55, with bulls testing resistance around $0.63 and support at $0.22. The market lacks a clear trend, inviting buyers to exploit short-term bounces within these boundaries. Traders might consider options near the second resistance of $0.84 or near the deeper support at $0.011 as opportunities for entry or exit. Solana Price Dynamics: 1-Month Surge vs 6-Month Decline Solana experienced a gain of 28.74% in the past month, with a notable increase of 16.05% in just the last week. However, this follows a significant decline of 20.97% over the past six months. The price fluctuated between $109.63 and $171.27, indicating a brief recovery in the short term while still facing prevailing bearish pressure in the longer term. The recent movements have shown volatility and a quick shift in trader sentiment. Current trading levels show support at $71.65 and resistance at $194.93, with an additional resistance level at $256.57. Bulls have gained momentum with the recent price rises, but an RSI of 66.83 suggests caution. Traders should keep an eye on these levels for potential entry points near support and opportunities to take profits when reaching resistance. Conclusion Kaspa (KAS) , Jupiter (JUP) , and Solana (SOL) all show great promise. KAS offers innovative solutions. JUP focuses on security and privacy. SOL has fast transaction speeds. These factors could make them key players in the next altcoin rise. Each coin brings something unique to the table. Their combined strengths hint at strong growth potential. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Solana is experiencing a significant surge in Total Value Locked (TVL) and fee revenue, indicating strong potential for its native token, SOL, to rally to $200. The network’s TVL has
The Infinite Node Foundation (NODE), a nonprofit focused on conserving digital art, has acquired full intellectual property rights to the iconic Cryptopunks collection from Yuga Labs, securing long-term stewardship for the pioneering non-fungible tokens (NFTs). New Era for Cryptopunks as Infinite Node Foundation Secures Full IP Rights Founded in 2017 by Larva Labs, Cryptopunks revolutionized
As the crypto market heats up, analysts are pointing to four standout tokens that could lead the week’s biggest breakouts: Solana (SOL) , SEI , MAGACOIN FINANCE , and Avalanche (AVAX) . With bullish technical setups, strong market sentiment, and expanding communities, these coins are now on every serious trader’s radar. Solana (SOL): Technical Strength Driving Momentum Solana has been on an impressive run, recently reclaiming the $169.43 level after rebounding from April’s lows near $115 . The technical indicators are flashing bullish signals: an RSI of 73.70 indicates strong buying pressure, and a bullish MACD crossover suggests the rally still has legs. Analysts are watching for a break above $180 , which could open the path toward $200–$220 this week. SEI: Surprise Performer With Fresh Catalysts SEI has very much outshone expectations since its May token unlock, jumping over 100% last week, and currently at $3.95. Having exited a bullish pennant formation, SEI has digested post-unlock selling pressure and transformed it into a bearish balance. Near term forecasts suggest a shift to $4.47 and longer term targets to $13.66 year end if momentum is maintained. Avalanche (AVAX): Testing Key Levels AVAX is holding firm in the $19–$19.85 range, with analysts eyeing a potential rebound toward $23 if support holds. A break above key resistance could set the stage for a larger move into the $30–$35 range, fueled by DeFi expansion and renewed ecosystem activity. MAGACOIN FINANCE: Early-Stage Star With Explosive Upside MAGACOIN FINANCE is garnering serious interest among pre stage plays. With more than $8 million raised in presale, a price below $ 0.001 and target listing value falling below $0.007, analysts are describing it as one of the breakout contenders of the year. Early buyers redeeming the MAGA50X bonus code are entitled to a 50% token bonus boosting returns. What sets MAGACOIN apart is its scarcity-driven tokenomics, independent HASHEX audit, and viral political narrative that’s capturing trader interest. Importantly, the project’s ability to maintain momentum across multiple presale stages suggests it’s built for long-term impact — not just short-term hype. With Solana, SEI,MAGACOIN FINANCE and AVAX poised in line for breakouts, this week looks as a key moment for altcoin traders. Whether you’re after blue-chip momentum or early stage duds, these four tokens should be on your watchlist. To learn more about MAGACOIN FINANCE, please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance
Key takeaways: Solana's $10.9 billion TVL surpassed the entire Ethereum layer-2 ecosystem. Solana’s 30-day fee revenue ($43.4 million) rose 109% compared to the previous month. SOL’s 8% funding rate shows healthy leverage demand from bulls. Solana’s native token SOL ( SOL ) surged 24.8% between May 6 and May 10, following the broader altcoin market rally after Bitcoin broke above $100,000. Since then, SOL has struggled to stay above $180, but derivatives and onchain data still suggest further gains are in store. SOL/USD (blue) vs. altcoin market cap. Source: TradingView / Cointelegraph While Solana ranks the fifth largest cryptocurrency by market capitalization, Solana Network is the vice-leader in key onchain metrics including the total value locked (TVL). Blockchain ranked by TVL, USD. Source: DefiLlama Solana’s $10.9 billion total value locked (TVL) surpasses the entire Ethereum layer-2 ecosystem , which includes Base, Arbitrum, and Avalanche. Even BNB Chain, which integrates seamlessly with Binance and Trust Wallet, cannot match Solana’s numbers. Notable 30-day TVL increases for Solana include Raydium DEX, up 78%, Jito liquid staking solution, up 41%, and Marinade, which gained 56%. Rising fee revenue boosts SOL demand and momentum Gaining traction in decentralized finance (DeFi) does not always translate into demand for the native token, since some networks have extremely low fees. For example, over a recent 30-day period, the Ethereum network generated just $24.9 million in base layer fees, while Tron captured $51.9 million and Solana totaled $43.3 million, according to DefiLlama. Solana network DApps revenue (left) vs. chain fees (right). Source: DefiLlama Solana’s DApps revenues and chain fees have shown consistent growth over the past four weeks. The latest figures are approaching their highest levels in three months, which is highly positive for SOL, as it drives demand. With 65% of the SOL supply involved in staking, this dynamic also supports upward price momentum. Related: Solana co-founder proposes meta chain to fix blockchain fragmentation To gauge whether traders are becoming more optimistic about SOL’s price outlook, it is helpful to look at leverage demand. A positive funding rate means that long positions (buyers) are paying to keep their trades open. SOL perpetual futures annualized funding rate. Source: Laevitas.ch Currently, the SOL perpetual futures funding rate is at 8%, which falls within the neutral range of 5% to 10% based on the cost of capital. However, with SOL still trading 40% below its all-time high of $295 from Jan. 19, there is little reason for excessive optimism just yet. Still, the increasing activity on the Solana network suggests that SOL could reach $200 soon, potentially outperforming its competitors. The exact catalyst that could propel SOL’s price higher remains uncertain, but possibilities include the potential approval of a spot Solana exchange-traded fund (ETF) in the US, as well as Solana’s eventual inclusion in a state-level digital asset strategic reserve . Additionally, some analysts are optimistic about traditional asset tokenization on Solana, which could unlock further value for SOL. This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.