The post Solana Price Prediction: Will SOL Hit $185 Next? appeared first on Coinpedia Fintech News Solana (SOL) is flashing bullish signals again. In the last 24 hours, the token surged by 3.5% to trade around $163.76, marking an 11.74% gain since the start of July. Over the past week alone, SOL has climbed 7.4%, outperforming several top altcoins in this mini crypto rally. But is this just a short-term spike or the start of something bigger? Solana Market Outlook – 2025 Performance Recap The year 2025 has been volatile for Solana. While January saw strong growth of 22.3%, Q1 ended with a heavy loss of 34.1%, led by major dips of 36% in February and 15.7% in March. However, the second quarter brought a solid rebound. April and May delivered gains of 18.6% and 6.11%, respectively, slightly offset by a minor 1.08% drop in June. At the start of July, SOL was priced at $146.90. Since then, it has added nearly $17 to its value, now hovering near $163.76. Fibonacci Levels Hint at Pullback, But Rally to $185 Still in Play Veteran financial advisor Matthew Dixon believes a short-term pullback or sideways consolidation could occur soon. Sharing his Solana chart on X, Dixon said the current price structure resembles a classic Wave 4 formation, which might temporarily push SOL down to the $152–$158 range (based on Fibonacci retracement levels). But don’t panic. Dixon remains bullish in the medium term. He says if SOL stays above the $150 support zone, it could ignite Wave 5, targeting $175 or even $185, based on past resistance and Fibonacci extension levels. What’s Next For SOL Price? Dixon warns that if Solana falls below $145–$148 with strong volume, the bullish trend may be invalidated, triggering a complex correction instead of a rally. Solana is riding strong bullish momentum, with short-term consolidation likely before a potential surge to $185. But all eyes remain on the $150 support—a key level that could make or break the rally.
TL;DR BTC reached a new historic peak, with indicators signaling more upside potential. XRP confirmed a multi-year triangle breakout, while analysts predict a push to $3 or a fresh ATH. ETH climbed over 20% in a week, with some industry participants envisioning a pump to $4,000. First Time in History The primary cryptocurrency remains on the crest of the wave, with its price exploding to a new all-time high of over $118,000 just a few hours ago. Moreover, several indicators suggest that bitcoin (BTC) has more room for growth. During previous peaks in 2024, for instance, the asset’s Market Value to Realized Value (MVRV) ratio spiked beyond 2.7, while it currently stands at around 2.35. BTC MVRV, Source: CryptoQuant Furthermore, CryptoQuant revealed that the short-term holder spent output profit ratio (SOPR) does not show signs of “aggressive” profit-taking, resulting in minimal sell pressure from such investors. The diminishing amount of BTC stored on crypto exchanges also indicates a similar thing. Over the last several months, investors have gradually shifted assets from centralized platforms to self-custody methods, as shown in the chart below. BTC Exchange Netflow, Source: CryptoQuant Somewhat expected, the crypto community is full of members envisioning further gains for BTC. X user Captain Faibik claimed the bulls are “in complete control,” predicting a rise to $126,000. OxNobler, who previously forecasted that the “real bull run” would start on July 10, thinks the “super-cycle is here” and argued that the valuation could explode to $300,000. XRP Pumping, too Ripple’s cross-border token has followed the green wave in the crypto market, rising to a two-month high of $2.60. Furthermore, its price appears to have confirmed a breakout from a multi-year symmetrical triangle that formed between 2018 and 2024, which could be a precursor to additional solid gains. X user Cryptoinsightuk assumed that a rise above the resistance level of $2.60 could open the door to an ascent toward $3 and then a new all-time high. At the same time, though, investors should keep an eye on some important metrics that suggest a short-term correction is not out of the cards. An example is XRP’s Relative Strength Index (RSI), which has soared to 85, or extremely overbought territory. XRP RSI, Source: CryptoWaves How About ETH? The world’s largest altcoin has posted an impressive price increase of almost 20% over the past week, currently trading well above $3,000. ETH Price, Source: CoinGecko According to numerous analysts, the rally is far from being over. X user Cipher X does not expect any “major correction” until $3,300-$3,400, whereas Ted suggested that ETH’s next stop is $4,000. However, there are also some warning signals. As CryptoPotato reported , the Ethereum Foundation offloaded 1,210 ETH for 3.5 million USDC at an average price of approximately $2,890. The entity’s past sell-offs have become part of crypto’s folklore, with some noting that these actions have often preceded notable price pullbacks. There have been exceptions, of course. In November of last year, the Ethereum Foundation initiated another selling spree, but the asset’s price continued its uptrend and topped $4,000 in December. The post Bitcoin (BTC) Madness, Top Ripple (XRP) Price Predictions, and More: Bits Recap appeared first on CryptoPotato .
The crypto world is no stranger to volatility, but a recent event has sent ripples through the Ethereum Layer-2 ecosystem: the Kinto hack . This isn’t just another statistic; it’s a stark reminder of the ever-present challenges in decentralized finance. Kinto, a promising Ethereum Layer-2 project, found itself in the crosshairs of a sophisticated exploit, leading to significant financial losses and a temporary halt in operations. But amidst the chaos, Kinto is demonstrating remarkable resilience, outlining a clear path to recovery and aiming for a swift return to normalcy. Understanding the Devastating Kinto Hack On Date of exploit, the Kinto community was rocked by news of a significant security breach. CEO Ramon Recuero took to X (formerly Twitter) to shed light on the incident, revealing that a hacker had exploited a critical vulnerability within the Arbitrum network. This wasn’t a simple phishing attack; it was a targeted exploit that allowed the perpetrator to mint an unlimited supply of ‘K’ tokens, Kinto’s native cryptocurrency. The consequences were immediate and severe. The hacker didn’t stop there. With their newly minted tokens, they proceeded to drain valuable assets, specifically Ethereum (ETH) and USD Coin (USDC), from liquidity pools on prominent DeFi platforms like Morpho and Uniswap. The total estimated loss from this sophisticated Kinto hack stands at a staggering $1.55 million. Beyond the direct asset drain, the integrity of the K token’s market was compromised, leading to a sharp and painful drop in its price, inflicting further losses on loyal holders. Kinto: An Ethereum Layer-2 Project Under Fire For those new to the space, it’s important to understand Kinto’s role. As an Ethereum Layer-2 (L2) project, Kinto aims to enhance the scalability and efficiency of the Ethereum blockchain. L2 solutions are designed to process transactions off the main Ethereum chain, thereby reducing gas fees and increasing transaction throughput, before settling them securely on the Layer-1 (Ethereum). Kinto specifically focuses on bringing institutional-grade liquidity and compliant financial services to DeFi, bridging the gap between traditional finance and decentralized applications. The fact that an L2 project, built on the premise of security and scalability, can be targeted highlights a persistent challenge within the broader crypto ecosystem. While L2s like Kinto offer immense benefits in terms of performance, they also introduce new layers of complexity and potential attack vectors that developers must rigorously address. This incident serves as a stark reminder that even innovative solutions are not immune to the relentless pursuit of vulnerabilities by malicious actors. The Road to Resuming K Token Trading: A Glimmer of Hope? Amidst the fallout, Kinto’s leadership has moved swiftly to formulate a comprehensive recovery plan, instilling a sense of urgency and commitment within the community. A primary goal is to resume K token trading on centralized exchanges. The target date for this crucial step is July 31, with an ambitious aim to restore the token’s price to its pre-hack level of $7.48. This is a significant undertaking, requiring meticulous planning and execution. Kinto’s strategy involves several key pillars: Law Enforcement Collaboration: Actively working with authorities to trace the stolen funds and identify the perpetrator. This is a common, yet often challenging, first step in recovering digital assets. Capital Raising: The project is actively engaged in raising additional capital to cover the losses and restore user balances to their pre-hack levels. This demonstrates a commitment to making users whole, a critical factor in rebuilding trust. Vulnerability Patching: While not explicitly stated in the initial report, it’s implied that the exploited vulnerability has been identified and patched to prevent future occurrences. The success of these efforts will be pivotal in restoring confidence and ensuring a smooth resumption of K token trading , which is essential for the project’s long-term viability. Navigating the Aftermath: A Closer Look at Crypto Exploit Impacts The Kinto incident is a sobering reminder of the pervasive threat of crypto exploit events in the decentralized finance (DeFi) landscape. These exploits can manifest in various forms, from flash loan attacks and re-entrancy bugs to oracle manipulation and, as seen here, protocol-level vulnerabilities. The impact extends far beyond the immediate financial loss for the project and its users. The ripple effects of such an exploit include: Erosion of Trust: Repeated incidents can diminish public and institutional confidence in the security and reliability of DeFi protocols. Regulatory Scrutiny: Hacks often lead to increased calls for stricter regulations, which could stifle innovation in the space. Market Volatility: News of major exploits can trigger broader market downturns as investors become risk-averse. Reputational Damage: Projects face an uphill battle to regain their standing and attract new users and investors after a security breach. Kinto’s transparent approach to disclosing the details and outlining a recovery plan is crucial in mitigating some of these long-term impacts, setting a precedent for how projects can handle such crises. Fortifying the Future: Enhancing Blockchain Security Post-Incident This incident underscores the paramount importance of robust blockchain security . For Kinto, and indeed for every project operating in the DeFi space, continuous auditing, rigorous testing, and proactive threat intelligence are non-negotiable. While no system can be entirely impenetrable, a multi-layered security approach can significantly reduce the attack surface. Key takeaways for projects and users alike regarding blockchain security : Regular Audits: Independent security audits by reputable firms are essential before and after major code deployments. Bug Bounty Programs: Incentivizing white-hat hackers to find and report vulnerabilities before malicious actors do. Decentralized Governance: Implementing robust governance models that allow for swift, secure upgrades and emergency responses. User Vigilance: Educating users about potential risks, phishing attempts, and the importance of secure wallet practices. Incident Response Plans: Having a clear, pre-defined plan for how to respond to a security breach, including communication strategies and recovery steps. Kinto’s commitment to restoring balances and resuming operations quickly speaks volumes about their dedication to their community and the future of their platform, emphasizing the critical role of proactive security measures and a resilient recovery strategy. A Resilient Path Forward The Kinto hack serves as a stark reminder of the inherent risks in the fast-evolving world of decentralized finance. However, it also highlights the resilience and determination of projects committed to their vision. Kinto’s transparent disclosure, collaboration with authorities, and clear recovery roadmap—targeting a July 31 restart for K token trading at its previous price of $7.48—demonstrate a proactive approach to an unfortunate event. While the journey to full recovery may have its challenges, Kinto’s commitment to restoring user balances and fortifying its blockchain security offers a beacon of hope. This incident, though regrettable, will undoubtedly contribute to the broader learning curve of the Ethereum Layer-2 ecosystem, pushing the boundaries of security and innovation even further. The crypto community will be watching closely as Kinto navigates this critical period, aiming not just for recovery, but for a stronger, more secure future. To learn more about the latest crypto market trends and blockchain security developments, explore our article on key developments shaping Ethereum Layer-2 solutions and their future price action.
The Series A funding round, led by Dragonfly, will enable Agora to accelerate the development of its stablecoin infrastructure, which is designed to support upcoming decentralized finance applications for issuing and managing stablecoins seamlessly. Agora Secures $50 Million in Series A Round to Develop Stablecoin Solutions Stablecoins are rising in popularity as part of the
Input Output Global (IOG), the research-engineering company behind Cardano, has signed a strategic partnership with Buenos Aires-based software house TxPipe to “attract, train, and support the next generation of blockchain developers” in Argentina and across Latin America, according to a 10 July press release . The agreement places TxPipe in charge of recurring hackathons, workshops, and meet-ups at IOG’s recently opened Buenos Aires office, using the company’s TX3 developer toolkit to onboard engineers to the Cardano ecosystem. IOG will provide the venue, logistical backing, and promotional reach, while both firms commit to co-hosting community events that also spotlight Midnight, IOG’s privacy-focused protocol. Cardano Makes Its Move In Latin America Charles Hoskinson, IOG’s chief executive, framed the collaboration as an investment in local talent: “We are thrilled to partner with TxPipe. Their team represents the best of what Argentina’s developer community has to offer, and together we are building a foundation for long-term ecosystem growth. Our collaboration also fulfills the broader vision of making IO Buenos Aires a crypto hub.” Santiago Carmuega, TxPipe’s co-founder, echoed the sentiment: “This partnership shows what’s possible when mission-aligned teams come together. We’re excited to help shape the future of crypto in Latin America.” The cadence of activity is set at one event every four to six weeks, with TxPipe supplying instructors and curriculum while IOG supplies space and operational support. Both companies argue that Argentina’s combination of skilled developers, culture of digital experimentation, and high cryptocurrency adoption—fueled in part by persistent inflation—makes the country a natural hub for Cardano-centred innovation. “Argentina stands out as a strategic choice for long-term Web3 investment and ecosystem growth. With a highly skilled developer base, a strong culture of digital experimentation, and ongoing economic challenges, the country presents ideal conditions for the advancement of IO’s decentralized technologies. It also ranks among the world’s leaders in cryptocurrency adoption, as citizens and residents increasingly turn to digital assets for everyday transactions and to navigate inflation,” the press release states. The partnership follows IOG’s formal inauguration of its Buenos Aires office on 21 May 2025. Notably, IOG has been nurturing technical talent in the country for some time. In September 2024 the company’s education team delivered a two-week Cardano developer course at the National Technological University (UTN) in Buenos Aires, describing it as a “momentous” hands-on programme that deepened ties with the local community. The project has also gained visibility at the highest political levels. Last September Hoskinson met with President Javier Milei during Tech Forum Argentina to discuss blockchain’s role in economic reform. With the TxPipe partnership now operational, IOG is amplifying a strategy that combines bricks-and-mortar presence, formal education, and community-driven events to entrench Cardano’s developer base in Latin America , beginning with Argentina. At press time, ADA traded at $0.69.
Summary Bitcoin just blew through its old high yesterday. It rose more than 4% to around $113,700, before easing back. A key long-term factor behind this is the Trump Administration’s friendlier regulatory approach to Bitcoin and other cryptos. That’s driving an increasing amount of institutional, corporate, and “mainstream money” into the asset class. The result is a flood of money heading into alternative stores of value of all types. That includes gold, silver, and cryptocurrencies. By Mike Larson Stocks? They recently hit all-time highs. Gold? It recently hit all-time highs (so did copper). Now, it’s Bitcoin’s turn! The benchmark cryptocurrency just blew through its old high yesterday. It rose more than 4% to around $113,700, before easing back, as you can see in the MoneyShow Chart of the Day. Bitcoin (YTD Chart) What “caused” the breakout? Nothing specific to the day itself. But a key long-term factor is the Trump Administration’s friendlier regulatory approach to Bitcoin and other cryptos. That’s driving an increasing amount of institutional, corporate, and “mainstream money” into the asset class. Other drivers include: The falling US dollar. It just suffered its worst first-half decline since 1973. Trump’s trade and tariff policies. They’re upending decades-long economic and financial market relationships. US moves to seize foreign assets, particularly Russian assets after the Ukraine invasion, are leading unfriendly and other wary nations to steer money away from US markets. Increasing bets on Federal Reserve interest rate cuts. As of yesterday, rate futures markets were pricing in a 67% chance the Fed cuts rates by a quarter point at its September policy meeting. Four more cuts could follow over the next year. The result is a flood of money heading into alternative stores of value of all types. That includes gold, silver, and cryptocurrencies. My advice? Don’t fight the powerful flood of money into alternatives. Embrace it. Original Post Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.
Cybersecurity researchers have uncovered malicious code embedded in a recent update to ETHcode, a widely used open source toolset for Ethereum developers. The hidden code was inserted via a GitHub
The GMX decentralized exchange (DEX) has initiated the recovery of $40 million stolen in a recent exploit, as the attacker begins returning funds after accepting a $5 million white hat
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