Chinese brokerage GF Securities has teamed up with HashKey to roll out tokenized securities denominated in US dollars, Hong Kong dollars, and offshore yuan, marking a fresh milestone in Hong Kong’s ambition to cement its status as a global crypto hub. Key Takeaways: GF Securities and HashKey have launched GF Token, offering daily-yielding tokenized securities. The tokens aim to strengthen Hong Kong’s push for real-world asset tokenization. Other Chinese brokers are racing to enter Hong Kong’s crypto market. HashKey announced Friday that the new daily-yielding, daily-redeemable securities, dubbed “GF Token,” are targeted at high-net-worth individuals and institutional investors. The USD version of the tokens will track the Secured Overnight Financing Rate (SOFR), a key benchmark reflecting overnight borrowing costs backed by U.S. Treasury securities. GF Token Set for Launch Soon on HashKey Chain Issued on HashKey Chain, the tokens are expected to be distributed soon. “This milestone signifies a major step forward in the city’s real-world asset tokenization journey and lays the groundwork for broader on-chain collaboration within Hong Kong’s securities industry,” HashKey said in its statement. Zeng Chao, CEO of GF Securities (Hong Kong), called the partnership with HashKey a strategic move to strengthen the firm’s lead in digital finance. “This step will further solidify GF Securities (Hong Kong)’s first-mover advantage in emerging digital finance,” he said. The launch comes a day after the Hong Kong government unveiled its latest policy statement, outlining plans to accelerate real-world asset tokenization and expand the city’s crypto licensing regime. HashKey Group × GF Securities (Hong Kong) A landmark partnership shaping the future of institutional-grade digital finance in . We're proud to support the launch of “GF Token” — Hong Kong's first fully on-chain tokenized security with multi-currency support and daily… pic.twitter.com/vbrsYQjkLq — HashKey Group (@HashKeyGroup) June 27, 2025 Paul Chan, Hong Kong’s financial secretary, said the updated framework, dubbed Policy Statement 2.0, aims to broaden the application of tokenization and diversify digital asset use cases. Meanwhile, other major Chinese brokers are also moving fast. Earlier this week, Guotai Junan International received approval to offer crypto trading in Hong Kong , while China Merchants Securities and Huatai International are reportedly seeking license upgrades to enter the digital asset market. Bergen County to Tokenize $240B in Property Deeds on Avalanche Blockchain Bergen County, New Jersey’s largest county by population, has struck a five-year deal with Balcony to tokenize 370,000 property deeds on the Avalanche blockchain, covering an estimated $240 billion in real estate. This marks the biggest deed tokenization effort in U.S. history and is backed by Avalanche-focused venture fund Blizzard. Home to nearly one million residents and generating $500 million yearly in property taxes, Bergen County aims to modernize land record management and speed up deed processing through blockchain integration. A report by the Global Financial Markets Association (GFMA) and Boston Consulting Group estimates the global value of tokenized illiquid assets will reach $16 trillion by 2030 . Even more conservative estimates from Citigroup suggest that $4 trillion to $5 trillion worth of tokenized digital securities could be minted by 2030. Recognizing this potential, major companies are making significant moves in the tokenization space. Goldman Sachs, for instance, plans to launch three new tokenization products later this year, driven by growing client interest. The post GF Securities, HashKey Debut Yield-Generating Tokenized Securities in Hong Kong appeared first on Cryptonews .
World Liberty Financial (WLFI) and Re7 Labs have joined forces to enhance the USD1 stablecoin’s presence on BNB Chain, targeting institutional-grade DeFi integration. This partnership leverages Re7’s $600 million risk-reviewed
BitcoinWorld Altcoins: Unleashing Explosive Rallies as Low Exchange Flow Signals Accumulation Are you ready for the next big wave in the cryptocurrency world? For many enthusiasts and investors, the allure of altcoins lies in their potential for rapid growth and significant returns. While Bitcoin often captures the headlines, it’s the broader market of alternative cryptocurrencies that frequently delivers the most electrifying surges. Recent insights from a prominent crypto analyst suggest that the stage might be set for just such an event, hinting at substantial altcoin rallies on the horizon. If you’ve been watching the crypto market analysis closely, this news could be the signal you’ve been waiting for. Decoding Altcoin Exchange Flow: What Does It Mean for Your Portfolio? Understanding the flow of assets on exchanges is a crucial component of savvy crypto market analysis . When we talk about altcoin exchange flow , we’re referring to the total volume of altcoins moving onto or off of cryptocurrency exchanges. This metric provides a powerful indicator of market sentiment and potential future price movements. Think of it as a barometer for investor behavior. Inflows: High inflows often suggest that investors are moving their assets onto exchanges, typically with the intent to sell. This can put downward pressure on prices. Outflows: Conversely, significant outflows indicate that investors are withdrawing their assets from exchanges, usually for long-term holding or staking. This signals accumulation and can precede price increases. According to crypto analyst Axel Adler Jr., the average monthly altcoin exchange flow currently stands at a modest $1.6 billion. This figure is notably lower than the annual average of $2.5 billion. Why is this distinction so important? A lower-than-average flow, particularly a ‘moderate flow’ as Adler describes it, points towards a period of asset consolidation . It means fewer altcoins are being moved to exchanges for immediate sale, suggesting that those holding altcoins are either comfortable with their current positions or are actively accumulating more, rather than liquidating. Crypto Market Analysis: Axel Adler Jr.’s Insightful Observation Axel Adler Jr.’s recent update on X (formerly Twitter) has sent ripples through the crypto community, providing a compelling piece of crypto market analysis that could shape investment strategies in the coming months. His core thesis is simple yet profound: periods of subdued altcoin exchange flow have historically been strong precursors to significant price surges for altcoins . The analyst specifically highlighted that the average monthly exchange flow of altcoins has dipped below the $1.6 billion baseline on several occasions in recent history. These instances are not random; they appear to follow a consistent pattern: Early 2023: A period where exchange flows dropped, paving the way for notable altcoin appreciation. Second Half of 2023: Similar low flow conditions were observed, preceding further upward momentum in altcoin prices. August–September 2023: (Corrected from 2024, as it refers to past events that ‘preceded’ rallies) Another instance where reduced exchange activity set the stage for subsequent rallies. In each of these scenarios, the underlying theme was the same: a period of reduced selling pressure and increased accumulation interest. This dynamic often builds up latent demand, which then explodes into sharp altcoin rallies once a catalyst or broader market sentiment shifts positively. A Look Back: How Low Altcoin Exchange Flow Preceded Past Rallies History, especially in the volatile crypto markets, often rhymes. The correlation between low altcoin exchange flow and subsequent price pumps is a pattern worth examining. Let’s delve deeper into the historical precedents cited by Axel Adler Jr. to truly grasp the significance of his current observation. Consider the market conditions in early 2023 . Following a challenging 2022, the crypto market began to show signs of life. As investors cautiously re-entered, the exchange flow of altcoins remained relatively low. This indicated that new money was entering the ecosystem, but existing holders were not rushing to sell their assets. This consolidation phase laid the groundwork for many altcoins to post impressive gains throughout the first half of the year. Similarly, the second half of 2023 saw renewed interest, especially as anticipation for Bitcoin ETFs grew. Despite the increasing attention, the average altcoin exchange flow stayed below the annual average for significant periods. This sustained ‘moderate flow’ suggested that smart money was accumulating, preparing for the next leg up. True to form, several altcoins experienced significant upward trends, rewarding patient investors. The pattern observed in August–September 2023 further reinforces this theory. A dip in exchange flows during these months was followed by yet another wave of altcoin rallies towards the end of the year and into early 2024. This consistent historical performance provides a strong basis for Adler’s current prediction, making the present low exchange flow a potentially bullish signal for the broader altcoin market. Navigating the Altseason Potential: What Investors Should Know? If the analyst’s predictions hold true, we could be on the cusp of another exhilarating altseason potential . For investors, understanding how to navigate this period is key to maximizing opportunities while managing risk. An altseason is typically characterized by a period where altcoins significantly outperform Bitcoin, often leading to substantial gains across various smaller cap and mid-cap projects. Identifying Accumulation Phases: The current low altcoin exchange flow suggests we are in an accumulation phase. This is often the best time for long-term investors to build or add to their positions. Look for projects with strong fundamentals, active development, and clear use cases. Don’t chase pumps; instead, focus on projects that show resilience during market dips. Diversification Strategies: While the prospect of massive altcoin rallies is exciting, diversification remains crucial. Spreading your investment across different sectors (DeFi, NFTs, Layer 1s, Gaming, AI tokens) can mitigate risk. Remember, not all altcoins will perform equally well, and some may not rally at all. Risk Management: The crypto market is inherently volatile. Even during an altseason, sharp corrections can occur. It’s vital to have a clear investment strategy, including entry and exit points. Only invest what you can afford to lose, and consider taking profits incrementally as prices rise to secure gains. Beyond the Flow: Other Factors Influencing Altcoin Rallies While altcoin exchange flow provides a compelling indicator, it’s part of a larger tapestry of factors that influence altcoin rallies and the broader crypto market analysis . A holistic view is always recommended for making informed decisions. Bitcoin’s Dominance: Bitcoin’s performance often sets the tone for the entire market. A strong, stable Bitcoin can provide a solid foundation for altcoins to thrive, especially if its dominance starts to wane as capital flows into altcoins. Macroeconomic Conditions: Global economic factors, interest rates, inflation, and geopolitical events can all impact investor sentiment and liquidity, affecting the crypto market as a whole. Technological Advancements and Narratives: New breakthroughs (e.g., Layer 2 scaling solutions, ZK-rollups, AI integration) or emerging narratives (e.g., GameFi, Real World Assets) can drive significant interest and capital into specific altcoin sectors. Staying updated on these trends is crucial. Regulatory Developments: Clarity or uncertainty in regulations can significantly influence institutional and retail participation in the crypto space, directly impacting altcoin exchange flow and prices. The Road Ahead: Is the Next Altseason on the Horizon? The convergence of low altcoin exchange flow , historical precedent, and a general sense of anticipation within the market paints a promising picture. The current environment, characterized by asset consolidation and growing accumulation potential, strongly suggests that the conditions are ripening for the next wave of altcoin rallies . While no one can predict the future with absolute certainty, the signals from analysts like Axel Adler Jr. provide valuable insights for those looking to position themselves ahead of potential market shifts. The question isn’t if altcoins will rally again, but when and how explosively. The underlying fundamentals of many projects continue to strengthen, and global adoption of blockchain technology is steadily increasing. When combined with a supply-side squeeze indicated by low exchange flows, the stage is set for a powerful upward movement. Conclusion: Seizing the Opportunity in the Crypto Market The current state of altcoin exchange flow , as highlighted by crypto analyst Axel Adler Jr., offers a compelling signal for investors. The historical pattern is clear: periods of moderate flow, indicative of asset consolidation and accumulation, have consistently preceded significant altcoin rallies . This suggests that the market might be quietly preparing for its next explosive move. For those navigating the dynamic crypto market analysis , this insight provides a valuable lens through which to view current conditions. While caution and due diligence are always advised, the confluence of these factors points towards a potentially exciting period ahead for altcoins and the broader crypto ecosystem. As the market continues to evolve, staying informed and understanding these key indicators will be paramount for capitalizing on the immense altseason potential . To learn more about the latest crypto market trends, explore our article on key developments shaping altcoin price action. This post Altcoins: Unleashing Explosive Rallies as Low Exchange Flow Signals Accumulation first appeared on BitcoinWorld and is written by Editorial Team
Blockchain investigator ZachXBT has linked a major exploit affecting several NFT projects connected to Pepe creator Matt Furie to a group of suspected North Korean IT workers. According to his analysis, the attacks led to the loss of over $1 million across multiple platforms, including ChainSaw-related projects Replicandy and Peplicator, with around $310,000 stolen from those alone. North Korean Network Suspected in $680K Crypto Heist, NFT Exploit, and Developer Infiltration In a post shared on X, ZachXBT explained that the attackers gained control of smart contract ownership, used the minting function to generate new NFTs, and sold them into bids. This action caused the floor prices of the affected collections to crash to zero. The exploit began on June 18, 2025, when ownership of Replicandy was transferred to an externally owned address (EOA), identified as 0x9Fca. Later that same day, funds were withdrawn from the contract. 1/ Multiple projects tied to Pepe creator Matt Furie & ChainSaw as well as another project Favrr were exploited in the past week which resulted in ~$1M stolen My analysis links both attacks to the same cluster of DPRK IT workers who were likely accidentally hired as developers. pic.twitter.com/85JRm5kLQO — ZachXBT (@zachxbt) June 27, 2025 The attacker resumed the minting process the following morning, minting and dumping NFTs on the market. A few days later, on June 23, the same address assumed control over Peplicator, Hedz, and Zogz contracts, projects also tied to Matt Furie and ChainSaw. Funds stolen from the ChainSaw-related projects were traced through three wallets. Some of the ETH was later converted and transferred to MEXC, a centralized exchange. ZachXBT noted that one deposit address at MEXC had received repeated stablecoin transfers over several months, ranging between $2,000 and $10,000, suggesting broader use of the same IT worker network across multiple crypto projects. Further investigation uncovered GitHub accounts linked to the suspected attackers. According to ZachXBT, one developer who claimed to be based in the U.S. had Korean language settings, used Astral VPN, and operated in Asia/Russia time zones, red flags pointing to North Korean links. Internal logs and payroll connections added more weight to the claims. Another affected project, Favrr, reportedly lost more than $680,000 on June 25. One of its developers, identified as Alex Hong, is suspected of being a North Korean IT worker. His LinkedIn profile was recently deleted, and efforts to verify his past work experience failed. ZachXBT said, “The Favrr CTO appears suspicious and is likely one of the two DPRK ITWs hired.” “The situation is depressing,” ZachXBT added, “because many teams hire DPRK IT workers when basic due diligence could’ve prevented it.” He also criticized the lack of transparency from Matt Furie and ChainSaw since the incident. According to him, their only public warning to the community was deleted without explanation. Most of the stolen funds from the ChainSaw exploit remain unmoved. Meanwhile, the Favrr funds were funneled through Gate.io and other channels. ZachXBT said he plans to release broader statistics soon, highlighting how widespread payments to suspected North Korean workers have become in the crypto space. North Korean IT Worker Scheme Tied to Ongoing Crypto Exploits as U.S. Seizes $7.7M in Laundered Funds On June 6, the U.S. Department of Justice filed a civil forfeiture complaint to seize $7.7 million in crypto allegedly earned by North Korean IT operatives posing as remote freelancers. The US is moving to seize $7.7M in crypto linked to North Korean IT workers who allegedly laundered funds via fake freelance gigs. #DOJ #CryptoEnforcement https://t.co/7iKHNodaBL — Cryptonews.com (@cryptonews) June 6, 2025 These workers secured positions at blockchain firms and funneled earnings, often paid in stablecoins like USDC and USDT, back to the North Korean regime, bypassing U.S. sanctions. Authorities said the operation supports North Korea’s weapons program and was orchestrated through fake identities, sophisticated laundering tactics, and shell companies. One named figure is Sim Hyon Sop, previously indicted in 2023, with ties to the Foreign Trade Bank of North Korea. These insider threats are increasingly being linked to external hacks. The notorious Lazarus Group, responsible for the $1.4 billion Bybit theft in February , continues to evolve its methods. In 2024 alone, North Korean-linked actors stole $1.3 billion across 47 incidents, per Chainalysis. North Korean hackers deploy "PylangGhost" trojan posing as Coinbase recruiters to steal crypto credentials through fake job interviews, part of $1.3 billion cyber campaign targeting industry professionals. #NorthKorean #Coinbase https://t.co/CGeDVs7s3J — Cryptonews.com (@cryptonews) June 20, 2025 A newer front in this cyberwar is targeted malware attacks. On June 20, Cisco Talos researchers exposed PylangGhost , a Python-based malware deployed by the Lazarus-affiliated Famous Chollima group. It disguises itself through fake job interviews and installs credential-stealing malware on victims’ systems, primarily targeting crypto professionals in India. As North Korea shifts from brute-force hacking to social engineering and insider access, the risks for crypto startups, especially meme coin and NFT communities, continue to grow. The post Pepe Creator Projects Hit by $1M Exploit Linked to North Korea IT Workers: ZachXBT appeared first on Cryptonews .
Corporate crypto firms such as Coinbase, Circle, and Robinhood are currently outperforming altcoins and even Bitcoin, signaling a shift in market dynamics. Institutional investors are increasingly favoring Bitcoin and related
Charles Guillemet, the Chief Technology Officer at Ledger, announced in a post on X that the Ledger Nano S hardware wallet will no longer receive software updates. Although it was officially retired in 2022, the Nano S has received some limited updates since then. However, Ledger has now decided to stop all software support for this model due to major hardware limitations. Users to Upgrade to Nano S Plus Guillemet explained that the Nano S does not have enough memory to support new security features and multiple applications. He pointed out that apps like Bitcoin (BTC), Ethereum (ETH), LedgerOS, and exchange apps already fill almost all the memory on the device. This limits the ability to add new features, which is crucial in today’s changing digital asset ecosystem. Although support for the Nano S has ended, users can still use their devices for basic functions such as sending, receiving, and swapping funds. However, users will not receive any future security updates or new application support. Meanwhile, Ledger has encouraged users to upgrade to the Ledger Nano S Plus, which launched in 2022. It is worth noting that Ledger’s decision aligns with its aim of focusing on newer devices. This change helps the company focus on secure, innovative, and scalable hardware solutions. Ledger Teases Collaboration With Pudgy Penguins Recall that Ledger has hinted at a collaboration with the popular Non-Fungible Token (NFT) collection, Pudgy Penguins. Interestingly, the announcement sparked excitement within the crypto community. This upcoming initiative is part of Ledger’s broader effort to expand its operations in the crypto industry. Ledger posted a cryptic message including geographical coordinates, suggesting the event will be launched in Dubai. As reported by TheCoinRise, the details of the partnership remain unknown. Ledger Faces Discord Breach Meanwhile, the hardware wallet provider is under the cybersecurity microscope after confirming that its Discord server was briefly compromised. A malicious actor exploited the account of a contracted moderator to post a fraudulent message urging users to verify their recovery phrases via a phishing link. While Ledger has insisted the incident was isolated and internal security measures have been tightened, the breach highlights a recurring vulnerability in community-driven platforms . As of now, Ledger has not confirmed whether any wallets were compromised and has yet to issue a public statement beyond the Discord update. The post Ledger Phasing Out Nano S Software Support, Here’s Why appeared first on TheCoinrise.com .
The latest investigations show multiple meme token projects may be compromised by connections to North Korean hackers. Multiple profiles have been intercepted by ZachXBT and other investigators and linked to known exploits. Meme tokens may not be safe from DPRK hackers, as recently several projects were compromised, leading to losses of up to $1M. For now, the effect seems limited, only affecting relatively new tokens. However, evidence shows that DPRK hackers are active in meme space, potentially infiltrating Ethereum and Solana projects. Some of the attacked projects were linked to the cartoonist Matt Furie, creator of the iconic Pepe image. ZachXBT traced one set of attacks that affected NFT collections. Chain/saw and Favvr were also among the exploited projects. 1/ Multiple projects tied to Pepe creator Matt Furie & ChainSaw as well as another project Favrr were exploited in the past week which resulted in ~$1M stolen My analysis links both attacks to the same cluster of DPRK IT workers who were likely accidentally hired as developers. pic.twitter.com/85JRm5kLQO — ZachXBT (@zachxbt) June 27, 2025 In a series of attacks, new NFTs were minted on several projects, leaving the floor price to fall to zero. ZachXBT traced some of the wallets used to the profiles and repositories of blockchain developers with suspected connections to the North Korean regime. One of the identified hackers was hired by the Favvr project, which ended up losing over $680K. Alex Hong, the Favvr project CTO, was also suspected. He left social media in May and deleted the affiliated LinkedIn account. Previously, DPRK hackers were involved in Web 3.0 projects , mostly leading to compromised smart contracts. DPRK hackers present as Solana teams Token creation on Pump.fun is generally democratic. However, DPRK hackers are also offering code to automate token creation or trading. Recent investigators discovered a series of social media accounts and GitHub profiles, claiming to be linked to North Korean hackers. Some of the profiles already offer code for multiple chains, including Ethereum, BNB Smart Chain, Base, Arbitrum, and others. One of the identified hacker accounts also shared a Solana copy-trading tool. The accounts were also busy touting their services, advertising direct hiring from their profiles while disparaging other software developer agencies. Some of the hackers have formed teams with old social media accounts. The end goal is to be hired as blockchain developers, potentially compromising meme tokens and other projects. Can't let @browsercookies have all the fun. Gang, meet the DPRK-made dev shop team that loves Solana, uses aged accounts, is active on Twitter and managed to get at least one facilitator in Canada. We'll go one by one. 0xTan1319 got only recently kicked out (not enough gigs?… https://t.co/9udGpP3tkx pic.twitter.com/TTF6YnEUU0 — bbsz (@blackbigswan) June 26, 2025 The hacker cluster is also connected to previously discovered accounts, posing as Polish or US nationals. Again, the main goal was to obtain remote software engineering jobs, including full-stack blockchain roles. Some of the attempts to get hired moved through the freelance hub Inspiration with Digital Living (IWDL), trying to trick legitimate projects into hiring possibly DPRK-affiliated IT workers. Part of the attempts also involve the creation of fake freelancer sites, which present the connected profiles. The Pump.fun token cycle reportedly involved multiple meme projects linked to DPRK hackers. Previously, threat actors have also deliberately launched a meme token to launder funds from a previous Web3 heist. The list of hacker handles and profiles is constantly growing, and not all are active. The potential heist is the reverse of the fake job offers, which attempt to install malware on user computers. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
Avalanche (AVAX) is showing signs of potential recovery despite recent downward pressure. With the crypto market stabilizing, traders are closely watching AVAX’s price action as it tests key resistance levels. This analysis breaks down the core indicators shaping Avalanche’s near-term outlook—and whether a move past the critical $50 mark is still on the table in 2025. Avalanche (AVAX) Faces Resistance But Shows Growth Potential Source: tradingview Avalanche is currently priced between almost 15 and just over 19 dollars. It faces a challenge in breaking through its nearest resistance at almost 22 dollars. Still, it could rise to around 26 dollars if momentum builds. Over the past week, its price dropped slightly by over 3 percent, and it's down by 25 percent this month. In the last six months, it has seen a drop of over 50 percent. The 10-day and 100-day averages hover just below 18 dollars. With the RSI close to a balanced 52, it signals neither overbought nor oversold conditions. If buying interest kicks in, AVAX might witness a noteworthy uptrend beyond present resistance levels. Conclusion Although Avalanche has struggled to maintain upward momentum, its technical indicators suggest a possible shift if bullish sentiment returns. Key resistance at $22 remains the next hurdle, and a successful breakout could pave the way toward the $26 zone or higher. For investors keeping an eye on Layer-1 ecosystems, AVAX remains a candidate worth watching as the broader market evolves. 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.
The Aptos ( APT ) layer-1 blockchain has successfully penetrated the crucial $5 psychological resistance level for the second time this June, reigniting bullish sentiment as exchange-traded fund (ETF) developments gain momentum. Following its dramatic decline from $8 in February, APT has remained constrained within a $4.19 – $6.08 trading range, forming double bottoms in April and again on June 22, technical patterns that often signal an impending breakout. Source: Cryptonews At the time of writing, APT trades at $4.99, marking a 7% daily increase after briefly touching a session high of $5.297 from an intraday low of $4.68. This surge has propelled the expanding layer-1 blockchain back above the $3 billion market capitalization threshold, accompanied by a substantial 75.59% increase in trading volume, which has generated over $447 million in APT transactions within the past 24 hours. Bitwise Files for First-Ever Aptos ETF—Wall Street Coming? The positive momentum follows a significant regulatory development on June 26, when the U.S. Securities and Exchange Commission (SEC) provided updates suggesting the potential debut of an Aptos ETF , stemming from Bitwise Investment’s S-1 amendment filing to list such a product. Bloomberg analyst Eric Balchunas highlighted that the key advancement in the amendment involves the inclusion of “in-kind” creation and redemption mechanisms, a feature absent from the initial March filing . One HUGE update to the filing is 'in-kind' creations and redemptions. That was nonexistent in initial filing in Jan. Near-lock at this point that in kind will be allowed in spot ETFs across board. pic.twitter.com/Zzv3ve8l41 — Eric Balchunas (@EricBalchunas) June 26, 2025 Beyond ETF prospects, the Aptos ecosystem has experienced notable expansion with the recent launch of Shelby, a decentralized storage protocol that has contributed to the network’s growing adoption. Shelby has enhanced the Real World Asset (RWA) capabilities of the Aptos blockchain , positioning it as a cloud-grade, Web3-native storage solution that competes with established platforms like Arweave and Filecoin. The network has now surpassed $540 million in on-chain RWAs, securing its position among the top three blockchains for real-world asset tokenization. BREAKING: → Aptos breaks +540M in RWAs on-chain → Aptos enters the Top 3 chains in RWAs Shelby, Aave, Bitwise, WYST—nonstop momentum. We told you… Real World Aptos. pic.twitter.com/onBcgkBItC — Aptos (@Aptos) June 27, 2025 According to DefiLlama data , Aptos has also crossed the $1 billion milestone in total value locked (TVL) for on-chain assets, placing it in direct competition with established networks, including Avalanche, Sui, and Hyperliquid, all of which are members of the exclusive $1 billion TVL club. Source: DefilLama $1 Billion Milestone: Aptos Layer-1 Blockchain Crushes TON, Cardano in Stablecoin Race Aptos has distinguished itself as the highest-rated blockchain for stablecoin integration , evidenced by robust growth in stablecoin issuance across the network. Stablecoin circulation on Aptos has exceeded the $1 billion threshold , at least $500 million more than comparable networks, including TON, Cardano, and Sei blockchain. Source: DefilLama Veteran cryptocurrency traders anticipate significant price appreciation for APT given the confluence of growth catalysts and bullish technical developments. First1Bitcoin, a Bitcoin investor since 2015, observed that Aptos exhibits strong reversal signals following an extended downtrend. $APT is showing signs of a strong reversal after a prolonged downtrend. Price bounced perfectly from the key demand zone near $5 and is now aiming for higher resistance levels at $8 and $10. If momentum holds, $APT could surprise. What’s your next move? pic.twitter.com/kYdUTcUtuy — First1Bitcoin (@First1Bitcoin) June 27, 2025 After the recent price recovery from the critical demand zone near $5, he projects $8 and $10 as the next logical price targets. Another market analyst noted that Aptos has rebounded from long-term support levels while successfully flipping above the 50-day exponential moving average, anticipating a potential 100-200% increase from current price levels. Falling Wedge Breakout Targets 65% Surge to $8 Level The APT/USDT daily chart displays a bullish breakout from a prolonged falling wedge pattern, a classic reversal formation. After months of declining highs and lows, price action has decisively closed above the upper trendline, indicating a potential trend reversal. Source: TradingView The breakout pattern suggests an upside target of approximately 65.19%, projecting the $8 level based on the height of the wedge formation. This technical structure suggests that sustained trading above the former wedge resistance (now support) could drive prices higher in the short-to-medium term. The APT/USDT weekly timeframe shows a robust multi-touch support zone within the $4.00-$4.20 range, which has served as a launching pad for multiple bullish reversals since late 2022. Price is currently rebounding from this key zone after forming a potential double bottom pattern, suggesting renewed bullish interest if the level is maintained. Source: TradingView The structure indicates that a sustained close above this support could initiate a new upward cycle, initially targeting the $10.52 level, followed by intermediate resistance levels at $15.26 and $19.43. The bullish projection remains valid as long as APT maintains trading above the critical demand zone; a breakdown below this level would invalidate the setup and shift sentiment bearish. The post Aptos Explodes 7% as Bitwise Engages SEC on APT ETF – $7.5 Next Target? appeared first on Cryptonews .
Cryptocurrencies are stirring as key regulatory and development milestones approach. Ripple's XRP could soar to new heights, while Cardano's ADA shows promising signs after recent updates. The looming clarity from U.S. regulators and on-chain strength point to potential growth, drawing attention to these digital assets. Read on to discover which coins are positioned for a surge. XRP Price Analysis: Past Trends and Key Levels for Future Moves Over the last month, XRP has shown a nearly 10% decline, with a one-week drop of about 3.5% highlighting short-term weakness. Its six-month performance reflects a modest downturn of roughly 4%, suggesting the coin has faced pressure for some time. The price range has fluctuated between $1.95 and $2.53, with volume patterns indicating a struggle to regain upward momentum. Price corrections over this period reveal a market that is consolidating rather than surging, with selling pressure weighing on performance. The extended downturn hints at a sentiment that may rebound if bulls step in aggressively. Current price action finds XRP trading between $1.95 and $2.53 while observing key levels. The nearest resistance is at $2.88, with stronger resistance marked at $3.45. Immediate support is around $1.73, followed by a deeper level at $1.15. Indicators show an overall bearish trend, with moving averages and summaries in negative territory and the relative strength index around 40. Bulls have yet to assert dominance, lacking a clear upward trend. Trading within these levels should focus on testing resistance or finding safe entries near support, emphasizing risk management. A breakout above resistance could indicate renewed optimism, while a dip below support may intensify bearish sentiment. Cardano Trading Outlook Amid Bearish Trends Recent performance indicates a significant decline in Cardano's price, dropping by 27% over the last month and 38% across six months. This steady downward trend reveals a bearish market sentiment, with the coin struggling to maintain momentum despite reaching previous highs. During these periods, volatility has been evident, as small recoveries have been consistently overshadowed by larger declines, highlighting weak market support. The current price situation shows a tight range between $0.60 and $0.82. Immediate resistance is around $0.95, with stronger resistance near $1.17. Key support levels are at $0.51, with a deeper base at $0.29. Negative momentum indicators suggest bears are in control. The absence of a clear upward trend, combined with declining momentum, suggests ongoing selling pressure. Trading strategies should focus on potential rebounds from the $0.51 support level and short entries if prices near $0.29, with profit-taking considered at $0.95 during any temporary recoveries. Conclusion XRP may reach $5 as U.S. regulations become clearer. This could enhance its potential for growth and adoption. ADA also shows promise with its target set at $2.05 due to recent updates like the Plomin Fork. Strong on-chain activity further supports ADA’s positive outlook. These changes signal a bright future for both XRP and ADA in the market. 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.