BitcoinWorld Solana TPS Unleashes Incredible 107K Transactions Per Second in Stress Test The cryptocurrency world recently buzzed with exciting news: Solana TPS soared to an astonishing 107,540 transactions per second during a recent weekend stress test. This remarkable figure highlights the network’s raw processing power and its potential to handle immense transactional volume. While this peak performance is a significant technical achievement, it is important to understand the nuances behind such a high number and what it means for Solana’s real-world capabilities. Solana TPS: What the Stress Test Revealed During the recent stress test, Solana demonstrated an incredible capacity, hitting over 107,000 transactions per second. This was a crucial benchmark, showcasing the network’s ability to scale under extreme load. However, a significant portion of this activity involved “noop” transactions. These are essentially placeholder transactions that consume network bandwidth but do not involve actual user interactions or smart contract executions. They are often used in stress tests to push the network’s limits. Understanding this distinction is key: Peak Performance: The 107,540 Solana TPS figure represents the theoretical maximum the network achieved under specific test conditions, primarily with “noop” transactions. Actual User Throughput: According to reports from CryptoPotato , the average actual user throughput on Solana hovers around 1,000 TPS. This figure reflects real-world activity, including transfers, DeFi interactions, and NFT transactions. Despite the difference, the ability to reach such high peak speeds even with “noop” transactions underscores Solana’s underlying architectural efficiency. It proves the network’s infrastructure can indeed process a massive volume of data quickly, setting it apart from many other blockchains. Understanding Solana TPS: Peak vs. Real-World Throughput Why is there such a large gap between the peak Solana TPS and its average user throughput? The answer lies in the nature of transactions. Real-world transactions are complex. They involve: Diverse smart contract executions. Varying data sizes. Interactions with multiple decentralized applications (dApps). These factors contribute to higher computational demands compared to simple “noop” operations. The current average of 1,000 TPS for user activity is still highly competitive when compared to many other leading blockchains, which often operate at much lower speeds. For example, Ethereum’s current throughput is significantly lower, highlighting Solana’s advantage in raw speed. This higher baseline for actual user transactions means a smoother experience for users and developers alike, even as the network continues to mature and optimize its real-world performance. Solana’s Ecosystem and the Future of Solana TPS The impressive Solana TPS numbers are not just technical bragging rights; they are fundamental to supporting a thriving and diverse ecosystem. A high-performance blockchain is essential for applications that demand speed and low latency, such as: Decentralized finance (DeFi) platforms, where rapid transaction finality is crucial. Gaming applications, which require seamless in-game transactions. NFT marketplaces, where quick minting and trading are beneficial. The network’s ability to handle high volumes makes it an attractive platform for developers building the next generation of decentralized applications. As more users and projects migrate to Solana, the demand for its transactional capacity will only increase, pushing the network to further optimize its actual throughput. The ongoing development efforts on Solana are continuously aimed at improving both peak performance and the efficiency of real-world transactions, ensuring that the network can support its growing user base effectively. Institutional Confidence and Solana TPS Growth Beyond the technical metrics, the broader market also reflects confidence in Solana’s capabilities. Despite the recent market fluctuations, where SOL trades near $183 (down 5% at the time of the original report), institutional interest remains strong. Institutional holders collectively own over 3.5 million SOL. This significant institutional backing signals a belief in Solana’s long-term viability and its potential to become a dominant force in the blockchain space. Institutional adoption often hinges on a network’s reliability, security, and scalability. Solana’s demonstrated ability to achieve high Solana TPS , even in stress tests, contributes positively to its appeal among large investors. Their continued investment provides a strong foundation for the network’s future development and expansion. As the ecosystem matures and more complex applications emerge, maintaining high transaction speeds will be paramount. Solana’s commitment to pushing its technical limits, as seen in the stress test, bodes well for its future in handling a global scale of operations. In conclusion, Solana’s remarkable achievement of 107,540 transactions per second in a stress test is a powerful testament to its underlying technology and scalability potential. While the distinction between peak and actual user throughput is important, Solana’s consistent ability to deliver competitive speeds for real-world transactions, coupled with strong institutional backing, positions it as a formidable player in the blockchain arena. The future looks bright for Solana as it continues to refine its performance and expand its vibrant ecosystem. Frequently Asked Questions (FAQs) Q1: What is Solana TPS? Solana TPS stands for Solana Transactions Per Second, which measures the number of transactions the Solana blockchain can process each second. Q2: What is the difference between peak and actual Solana TPS? Peak Solana TPS refers to the maximum transactions achieved under specific test conditions, often using simplified transactions like “noop” transactions. Actual Solana TPS reflects the average number of real-world user transactions processed on the network, which includes more complex operations. Q3: What are “noop” transactions? “Noop” (no operation) transactions are placeholder transactions used in stress tests to simulate network load without performing any actual user activity or smart contract execution. They help assess the network’s raw capacity. Q4: Why is high Solana TPS important for the network? High Solana TPS is crucial for supporting a wide range of decentralized applications that require speed and low latency, such as DeFi, gaming, and NFT marketplaces. It ensures a smooth and efficient user experience, making Solana an attractive platform for developers and users alike. Q5: What does institutional ownership of SOL signify? Significant institutional ownership of SOL indicates strong confidence from large investors in Solana’s long-term viability, scalability, and potential to be a leading blockchain. This backing provides a stable foundation for the network’s continued development and growth. Did you find this article insightful? Share it with your friends and colleagues on social media to spread the word about Solana’s incredible performance and its future potential! To learn more about the latest crypto market trends, explore our article on key developments shaping Solana price action. This post Solana TPS Unleashes Incredible 107K Transactions Per Second in Stress Test first appeared on BitcoinWorld and is written by Editorial Team
TL;DR The United States Securities and Exchange Commission has provided a new update on a few of the spot Ripple ETF filings. The underlying asset has struggled in the past few days but has managed to return above a crucial support level at $3. The first update published minutes ago by the securities regulator informs that it has once again delayed making a decision on whether to approve ot reject Nasdaq’s proposal to list and trade the Coinshares’ XRP ETF. The filing reads that the SEC has extended the review period beyond the initial August 24 deadline, pushing the final decision date to October 23, 2025. It explained that this extension allows additional time to evaluate the proposed rule change and the new public comments it has received. If approved, the Coinshares XRP ETF would be structured under Nasdaq’s Commodity-Based Trust Shares framework, giving investors regulated exposure to Ripple’s token through traditional markets. Reports emerged after this SEC announcement that the agency has also delayed making a decision regarding two more XRP ETF applications – those filed by Bitwise and Canary. Ripple’s token has followed the overall market-wide correction in the past few days, dropping below $3 earlier today, which is a key support level. Although it currently sits slightly above it, the danger still looms for another price crash to as low as $2.10, as a few analysts warned earlier today. The post Breaking Update on Several Spot Ripple (XRP) ETF Filings appeared first on CryptoPotato .
BitMine Immersion is getting attention in the financial world and in the crypto industry after growing its Ethereum (ETH) holdings to over $6.6 billion. This bold move pushed the company ahead of popular crypto miner MARA in crypto reserves. It also highlighted its ambitious plan to claim a larger share of the Ethereum market. A Rapidly Growing Ethereum Treasury Just a week ago, BitMine’s Ethereum stash was worth $4.9 billion. Today, that figure stands at $6.6 billion, reflecting how quickly the company is scaling up its exposure. The treasury now holds over 1.52 million ETH valued at $4,326 each, alongside a smaller reserve of 192 Bitcoin. The sharp rise shows that BitMine is not treating crypto as a side bet; it is making Ethereum the core of its long-term strategy. In a recent statement, BitMine’s chairman, Tom Lee, described Ethereum as one of the greatest trades of the decade. He says several factors are making Ethereum more valuable. These include more interest from big investors and financial institutions moving toward blockchain technology. He also notes the connection between artificial intelligence (AI) and decentralized networks. Lee believes that as traditional finance joins with blockchain, Ethereum will become an important part of the future financial system. Tom Lee’s view matches analysts at Bernstein, who see Ethereum as a leading symbol of blockchain innovation. BitMine Sets Sights on 5% of Ethereum, Sparks Investor Buzz BitMine is not just buying digital assets. The company also wants to be seen as a trusted player with strong market support. Its fast growth has already attracted investors like ARK Invest , Founders Fund, Pantera Capital, and Kraken. BitMine aims to own 5% of all Ethereum in the world. This goal has increased investor interest and built its reputation as a top supporter of ETH. Furthermore, BitMine’s stock, BMNR, is now one of the most traded in the U.S., with about $6.4 billion in daily trading. This level of liquidity places it ahead of giants like JPMorgan and Alphabet. Although BMNR slipped 4.37% in a single day, its long-term performance remains impressive. The share price has risen 775% over the past six months and more than 600% since the start of the year. This achievement ranks the BMNR among the best-performing stocks in the U.S. market. BitMine Rises as Top Institutional Supporter of Ethereum Bitcoin-focused company Strategy is still the largest corporate crypto treasury , holding over $74 billion in Bitcoin (BTC). BitMine has now taken second place with its Ethereum-focused holdings. This shows BitMine’s role as a major institutional supporter of Ethereum. BitMine’s rise comes amid a growing trend of institutions adding digital assets to their balance sheets . By focusing on Ethereum instead of just Bitcoin, BitMine is creating a unique place in the world of corporate crypto treasuries. The post BitMine Immersion Bets Big on Ethereum as Treasury Soars Past $6.6B appeared first on TheCoinrise.com .
Details have finally emerged about the $23M hack that crippled US-based crypto exchange Lykke late last year. The culprit? North Korea’s Lazarus Group, once again. With hacks like these becoming more prevalent, the need for secure, non-custodial storage becomes increasingly necessary. This is where Best Wallet shines, a solution designed to safeguard your crypto from precisely these threats. UK Treasury Confirms Lazarus Behind ‘UK’s Biggest Crypto Heist’ The attack, known as the largest UK-based crypto theft, took place in June 2024. It involved stolen assets across both the Bitcoin and Ethereum networks. While the affected systems were immediately shut down to limit damage, the entire exchange was forced to discontinue its service on December 6, 2024. In fact, the entire situation was murky for months, with Lykke struggling to pinpoint the blame. But finally, UK authorities and blockchain analysts have pieced together what happened – not only for Lykke’s sanity, but also its former users. The UK Treasury’s Office of Financial Sanctions Implementation (OFSI) identified the notorious state-sponsored hacking group as responsible. Israeli research firm Whitestream also backed the UK watchdog’s findings after tracing the stolen funds through exchanges. Lykke’s Founder Declared Bankrupt, Crypto Exchange Liquidated Life after the hack has been anything but smooth for Lykke. In January, the crypto company’s founder, Richard Olsen – a descendant of the Swiss Julius Baer banking dynasty – was declared bankrupt and placed under criminal investigation by Swiss authorities. And that’s not all. In March, a UK judge ordered Lykke into liquidation after over 70 users filed claims over £5.7M in lost funds. The hack and its aftermath highlight the vulnerabilities that crypto companies face, alongside the growing threat of hacking groups. And it hits even harder when knowing that over $2.17B has been stolen from crypto services this year, surpassing all of 2024. ByBit’s $1.4B hack accounts for the majority of losses. And yes, Lazarus was responsible. On May 16, 2025, on-chain analyst ZachXBT also found that Lazarus stole around $3.2M worth of $SOL . Yet these are just a few examples – Lazarus is one of the largest cybercrime groups worldwide, after all. Lazarus often carries out such scams by funneling stolen funds through Tornado Cash, a crypto mixing service designed to make it tricky to trace funds. Owing to helping scammers obscure their transaction trails for unlawful financial gain, it was sanctioned by the US Treasury in 2022. However, a recent court ruling led the regulators to drop their appeal , so such sanctions are set to be lifted soon. With attacks like these growing in scale, and Tornado Cash’s sanctioning being lifted not helping matters, secure wallets like Best Wallet are more necessary now than ever. Gain Full Crypto Control With the Best Wallet App Best Wallet is a multi-chain, non-custodial wallet that puts you in full control of your crypto – without compromising privacy or security. Unlike custodial platforms, it ensures that only you hold the private keys to your assets, ensuring complete ownership. It leverages Fireblocks’ MPC technology , so instead of relying on traditional seed phrases , it splits your private keys and distributes them across locations. Private key exploits drained $2.1B worth of crypto lost to attacks in the first half of 2025, compared to $1.5B over the same period in 2024. And with such attacks accelerating, Best Wallet’s non-custodial protection is vital for peace of mind. Best Wallet also avoids KYC requirements , so you need not worry about handing over your personal data to use the mobile app (available on iOS and Android). But there’s more to the wallet than security. It supports over 1K digital assets, soon across 60 blockchain networks. So, it’s no wonder it’s a go-to hub for managing, trading, buying, and selling crypto assets. Better still, it has a ‘Cross-Chain Swap’ feature that connects you to 330+ decentralized exchanges and 30+ bridges. By doing so, it ensures you’re given the best rates and lowest fees when moving your crypto assets across networks. Plus, it has a lineup of developments in the pipeline, including Best Card (its own crypto debit card), an NFT gallery, and market intel analytics. Best Card alone should be a major boon: It’ll enable you to spend your assets directly while on the move, boosting crypto accessibility and daily use. By scooping up some $BEST , its native token, you can also enjoy lower gas fees, governance rights, and early access to top presales. Buy & Stake $BEST to Earn 90% APY Lykke’s collapse underscores just how vulnerable crypto services and assets are when it comes down to sophisticated, state-backed hackers like Lazarus. With billions worth of crypto already stolen this year alone, there’s no better time to prioritize your control and security of digital assets. Best Wallet is a great way to protect your assets. It gives you full ownership over them, plus protection against private key breaches – its future-focused roadmap that makes crypto more usable daily is just a cherry on top. To boost the wallet’s value, consider purchasing $BEST on presale for just $0.025495. After doing so, it can also be staked at a hefty 90% APY for passive income. This isn’t investment advice. Always do your own research and never invest more than you’d be sad to lose
BitcoinWorld XRP ETFs Face Crucial Delay: SEC Pushes Back Decision The cryptocurrency world recently turned its attention to a significant development: the U.S. Securities and Exchange Commission (SEC) has once again postponed its decision on proposed spot XRP ETFs . This move impacts the aspirations of firms like 21Shares and CoinShares, who are eager to bring these investment vehicles to market. For many, this delay underscores the cautious approach regulators are taking with digital asset products, especially those linked to XRP. What Exactly Happened with XRP ETFs? The news, initially reported by U.Today, confirms that the SEC extended the review period for the 21Shares and CoinShares applications for spot XRP ETFs . This is not an outright rejection, but rather a deferral. It allows the regulatory body more time to evaluate the proposals thoroughly. The crypto community often views these delays as part of a pattern, as the SEC frequently uses its full allotted time for complex financial products. The applications from 21Shares and CoinShares represent efforts to offer investors direct exposure to XRP’s price movements. This means investors would not need to hold the digital asset themselves. Such products are common in traditional finance. They could potentially attract a wider range of institutional and retail investors to the XRP ecosystem. However, the SEC’s meticulous review process highlights the unique challenges and considerations tied to cryptocurrencies. Why Does the SEC Delay Decisions on Crypto ETFs? The SEC’s decision to delay approval for XRP ETFs stems from several factors. Primarily, the commission operates under a mandate to protect investors and maintain fair, orderly, and efficient markets. With novel financial products like crypto ETFs, the SEC scrutinizes aspects such as: Market Manipulation Concerns: Regulators worry about the potential for manipulation in underlying crypto markets. These markets are often less regulated than traditional exchanges. Investor Protection: Ensuring that investors understand the risks associated with volatile digital assets is a key priority. Custody and Valuation: Questions surrounding the secure custody of digital assets and accurate real-time valuation also play a role. Furthermore, the ongoing legal battle between the SEC and Ripple (the company associated with XRP) likely adds another layer of complexity. While some aspects of XRP have been deemed not to be a security in specific contexts, the broader regulatory status of XRP remains a point of discussion for the SEC. This legal uncertainty often leads to a more cautious stance on related financial products like spot XRP ETFs . What are the Broader Implications for XRP ETFs and the Market? This latest delay in the approval of XRP ETFs sends a clear message about the regulatory landscape for cryptocurrencies in the U.S. While the market has seen approvals for Bitcoin futures ETFs and more recently spot Bitcoin ETFs, the path for other digital assets, especially those with ongoing legal scrutiny, appears to be longer and more challenging. For XRP holders and potential investors, the delay means continued uncertainty regarding the asset’s mainstream financial integration. A spot ETF could provide significant legitimacy and open doors for broader adoption. This could potentially influence XRP’s price and liquidity positively. The market will now watch closely for the SEC’s next move. We anticipate whether these XRP ETFs will eventually gain approval or face further hurdles. This situation also influences how other altcoin ETF applications might be treated, setting a precedent for similar products. How Do Investors Respond to XRP ETF Delays? When the SEC delays a decision on products like XRP ETFs , it often creates a ripple effect in the market. Investors might react with caution, leading to short-term price volatility for the associated asset. However, experienced crypto investors understand that regulatory processes are often lengthy and complex. They tend to view these delays as temporary setbacks rather than outright rejections. For those considering investing in XRP, this period of uncertainty highlights the importance of due diligence. It is crucial to stay informed about regulatory developments and the ongoing Ripple case. While the promise of an ETF is significant, the market can still experience movements based on other factors, including technological advancements and global adoption. Conclusion: Patience is Key for XRP ETFs The SEC’s extended review period for spot XRP ETFs reminds us of the careful and often slow pace of regulatory oversight in the fast-moving crypto space. While the delay might test patience, it also underscores the rigorous process required to bring new financial products to a regulated market. The crypto community remains hopeful, yet realistic, about the future of these investment vehicles. Ultimately, the path to mainstream adoption for XRP, via ETFs, continues to be a journey of regulatory navigation. Frequently Asked Questions (FAQs) Q1: What is a spot XRP ETF? A spot XRP ETF (Exchange-Traded Fund) is an investment vehicle that would directly hold XRP, allowing investors to gain exposure to its price movements without owning the cryptocurrency itself. It trades on traditional stock exchanges. Q2: Why is the SEC delaying decisions on XRP ETFs? The SEC often delays decisions on novel financial products like crypto ETFs due to concerns over market manipulation, investor protection, and the complexities of custody and valuation for digital assets. The ongoing legal case involving Ripple and XRP also contributes to this cautious approach. Q3: How does the Ripple lawsuit affect XRP ETFs? The legal battle between the SEC and Ripple over XRP’s classification as a security creates regulatory uncertainty. While there have been favorable rulings for Ripple, the broader legal status remains a factor the SEC considers when reviewing related financial products like spot XRP ETFs. Q4: What is the potential impact of an XRP ETF approval? An approval could bring significant legitimacy to XRP, potentially increasing its liquidity and attracting a wider range of institutional and retail investors. This could positively influence XRP’s market price and foster broader adoption. Q5: When might the SEC make a final decision on XRP ETFs? The SEC operates on extended review periods for such applications. While a specific date is not always clear after a delay, they must eventually make a decision, either approving, rejecting, or initiating further delays within their mandated timelines. The crypto community continues to monitor for updates. If you found this article insightful, please consider sharing it with your network! Help us spread awareness about crucial developments in the crypto space. To learn more about the latest crypto market trends, explore our article on key developments shaping XRP institutional adoption . This post XRP ETFs Face Crucial Delay: SEC Pushes Back Decision first appeared on BitcoinWorld and is written by Editorial Team
Ethereum treasury firm BTCS, one of the largest Ethereum (ETH) treasury companies to date, has announced that it will pay a one-time special blockchain dividend or “Bividend” to its shareholders. All shareholders will be eligible to receive $0.05 ETH per share, paid on-chain. Became the First Company! BTCS, also referred to as Ethereum's MicroStrategy, announced today that it will pay its shareholders a one-time blockchain dividend of $0.05 per share in Ethereum. BTCS thus became the first public company in the world to distribute dividends in ETH. BTCS also announced that it will offer a one-time Ethereum loyalty payment of $0.35 per share to shareholders who transfer their shares to the company's transfer agent and hold them there for at least 120 days. BTCS CEO Charles Allen said in a statement: BTCS announced today that it will pay its shareholders a one-time blockchain dividend, or “Bividend,” of $0.05 per share in Ethereum (ETH). These payments are designed to reward our long-term shareholders and enable them to take control of their investments by reducing the likelihood that their shares will be loaned out to predatory short sellers. BTCS also made history as the first public company in the world to distribute dividends in ETH. *This is not investment advice. Continue Reading: Another First for Ethereum! The Giant Company Announced a New ETH Today! "We've Made History!"
Ethereum has seen a significant surge in exchange inflows, surpassing 2.6 million ETH in mid-August 2025. This increase indicates a shift in trader sentiment, potentially leading to greater market volatility
Pump.fun’s native token $PUMP has tumbled to $0.003138 as meme coins took a beating on August 18, but smart money isn’t panicking. While charts are painted red right now, $PUMP’s market dominance and aggressive token strategies suggest this bloodbath may be temporary. When meme coin mania reignites, this could be the first rocket to launch—if buyers step in before support cracks completely. Source: CoinGecko Pump.fun ($PUMP): Volatility, Strategic Buybacks, Upgrades, and a Resilient Comeback The recent price volatility of $PUMP is a reflection of several market dynamics at play. A key event contributing to this was the major transfer of 2.5 billion $PUMP tokens, worth over $9 million, to the OKX exchange. JUST IN Pumpdotfun has transferred 2.5B $PUMP (~$9.19M) to OKX just 2 hours ago Exchange deposits of this scale often hint at potential sell pressure or upcoming liquidity moves Stay sharp as big players are on the move pic.twitter.com/oY26GbrdKb — Carl Hawley (@CarlHawle) August 18, 2025 This marked one of the largest single-day exchange deposits since its July ICO. Typically, such large transfers hint at potential selling pressure, as tokens moved to centralized exchanges are often liquidated. In contrast, Pump.fun has been working to counterbalance selling sentiment with an aggressive buyback program. The project has already purchased around $8 million worth of $PUMP tokens, contributing to a broader $33 million buyback initiative designed to stabilize price action and reinforce investor confidence. over the past week, pump fun purchased ~$8,424,541 in $PUMP tokens, which equates to 97.29% of total revenue for that period (Aug 5-Aug 11) to date, pump fun has purchased a total of $33,137,224 of $PUMP tokens, offsetting 0.729% of the total supply pic.twitter.com/zMl7Szxq1Z — pump.fun (@pumpdotfun) August 12, 2025 Beyond token movements, Pump.fun’s recent SDK updates hint at a forthcoming token rewards system. This enhancement further solidifies Pump.fun’s dominant market share, currently about 91.8%, far outpacing competitors like LetsbonkFun. Yoooo @pumpdotfun is sooo back!!1 Flipped @bonk_fun again, and this time $BONK is feeling it deffo $PUMP market share is 91.8% winners keep winning. iykyk pic.twitter.com/UUIgz4UXoU — Vlad (@vladsvitanko) August 18, 2025 DefiLlama shows an increase in the network’s liquidity base, as total value locked (TVL) now stands at $229.38 million. In May 2024, a major breach occurred when former developer Jarett Dunn exploited internal vulnerabilities , stealing $2 million in $SOL and forcing Pump.fun offline for nine hours. Dunn has since pleaded guilty, and while the legal resolution removes lingering uncertainty, the event showed systemic risks in meme coin platforms. Former Pumpfun employee Jarett Dunn pleads guilty to stealing $2M in $SOL from his ex employer. He sent the funds to random people online, making them impossible to recover. pic.twitter.com/HoN3QNODGu — The Solana Post (@thesolanapost) August 14, 2025 Despite this, Pump.fun has displayed strong resilience. The platform has generated over $791 million in revenue since the attack, a testament to its ability to recover and adapt. This rebound has reassured both traders and investors, solidifying Pump.fun’s status as a resilient player in the meme token sector. Adding to its growth momentum, Pump.fun released version 2.0 of its mobile app . The upgrade prioritizes speed and user experience, offering features such as real-time price alerts, a “Movers Feed” for trending tokens, and streamlined one-click trade execution. These updates are designed to reduce friction for meme coin traders and enhance accessibility. The question remains: Is the dip a strategic buying opportunity? $PUMP Faces Breakdown After Textbook Head and Shoulders Pattern $PUMP’s movement in the crypto market over the past week has followed a head and shoulders chart formation, leading to a clean neckline break that has now triggered its projected target to the downside. After forming the left shoulder near $0.0034, the Pump.fun token rose to a high just above $0.0040 (the head) before it lost its momentum and established a right shoulder at $0.0038. $PUMP/USDT price chart, August 18 (Source: TradingView) This symmetry, combined with declining relative strength and weakening volume on the subsequent push, foreshadowed the breakdown that followed. The neckline, clearly drawn at $0.00340, eventually gave way during the August 18 session with a sharp red impulse that pushed the price toward $0.0025, the marked technical target from the breakdown height. This cascade can also be seen in the volume footprint data (attached here). Earlier sessions showed mixed commitment from both sides, but the aggressive sell-off began with a large red bar revealing a negative delta of -105.37M on volume of 948.02M, followed by a more intense drop during the next cluster, where over 1.8 billion contracts were exchanged and the delta hit -164.85M. These back-to-back high-volume sell candles show clear dominance of market sellers, overwhelming any passive buying interest. Surprisingly, the rebound attempts post-breakout have lacked conviction. Even during the short-lived uptick after the breakdown, the volume was lopsided: nearly 1.91 billion contracts were exchanged. Nonetheless, the delta remained positive at only +192.43M, suggesting that despite high activity, buyers were not in full control. Subsequent candles also showed falling volume and smaller deltas, confirming fatigue. In addition, the RSI remains below 40, not yet reaching oversold extremes but trending downward still. Unless $PUMP finds strong demand around its current consolidation zone, the technical structure warns of a potential continuation to the downside. The post $PUMP Plunges 8%: Will V2 Upgrade & Buyback Stop the Slide? appeared first on Cryptonews .
BitMine and SharpLink, the two largest corporate holders of ETH, have been racing to accumulate more Ether as ecosystem interest heats up.
TL;DR Whales are buying Ethereum aggressively while retail holders continue to offload during the current dip. Ethereum’s exchange reserves hit 3-year lows, signaling reduced sell pressure and rising long-term confidence. The price hovers near the $4,070 CME gap, a zone that traders are watching for a breakout or reversal. Price Pulls Back Near Technical Gap Ethereum (ETH) is now trading close to $4,350, after falling from recent highs near $4,800. The focus is on a CME futures gap between $4,050 and $4,100. These gaps occur when futures markets reopen after weekends and can often act as magnet levels for the price. Notably, the last time Ethereum filled a large gap like this, it went on to gain over 40% within weeks. Traders are now watching to see if the same pattern repeats. #Ethereum Rushing To Close the CME Gap Sitting at 4,070$. Last time we closed a large gap, we saw a +40% move up in just weeks pic.twitter.com/WRrvePsDbt — Bitcoinsensus (@Bitcoinsensus) August 18, 2025 Analyst Michaël van de Poppe noted that Ethereum has entered the first support zone and may bounce here. “I think we’ll bounce from here, not the bottom,” he said, pointing to the area between $4,100 and $4,250. He labeled sub-$4,000 levels as a strong entry opportunity. A second level near $3,941 is marked on his chart, with a lower chance of being tested unless global tensions increase. Volume is rising into this correction, suggesting buyers may step in at support. The RSI is falling but has not reached oversold conditions, giving room for further movement. Source: X Retail Sells While Large Holders Accumulate Data from CryptoQuant shows retail wallets have reduced their ETH exposure since March. Holdings have fallen from 10.5 million ETH to 8.7 million. At the same time, large investors have increased their positions. “Retail is selling $ETH. Whales are stacking,” posted CryptoJack, suggesting larger players are using the drop to buy. This shift may point to longer-term confidence from institutions and experienced traders. Retail is selling $ETH . Whales are stacking $ETH . FOLLOW THE SMART MONEY! pic.twitter.com/ZOtJhlOPQK — CryptoJack (@cryptojack) August 18, 2025 Exchange Supply Falls to 3-Year Low ETH on exchanges has dropped to 18.5 million—its lowest level in over three years. Mister Crypto called attention to the trend, writing , “$ETH is being taken off exchanges at record pace. SUPPLY CRUNCH INCOMING!” A falling exchange balance often signals less selling pressure. The recent drop is sharp, shown in the chart’s final section, where supply drops steeply in just a few days. Market Events to Watch This Week Key macro events may influence short-term price movements. These include: Monday: Trump-Zelensky meeting in Washington Wednesday: July FOMC minutes Thursday: U.S. jobless claims Friday: Powell’s Jackson Hole speech Recent inflation data (PPI) paused Ethereum’s all-time-high push. Traders are now watching for potential volatility around these upcoming developments. The post ETH Price Targets $4,070 CME Gap After Hitting Key Zone appeared first on CryptoPotato .