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  • Markets brace for September’s endgame as Bitcoin leads post-Fed crypto Rally

    Markets brace for September’s endgame as Bitcoin leads post-Fed crypto Rally

    Bitcoin reclaims $117K as the Fed’s long-awaited rate cut revives trader optimism and risk appetite.

    • Bitcoin reclaims $117K as the Fed’s long-awaited rate cut revives trader optimism and risk appetite.
    • Ethereum, Solana, XRP, and Dogecoin post strong price action, fueling hopes of further breakouts.
    • September’s $4.5B token unlocks cast volatility across altcoins, shifting capital flows in the sector.

    The crypto market put on an energetic display this Friday, shaking off recent bouts of uncertainty with a strong overnight rally powered by fresh optimism.

    Major tokens, led by Bitcoin surged after the US Federal Reserve delivered a long-awaited rate cut, sparking renewed risk appetite among traders.

    The mood was lively as Bitcoin reclaimed key levels and Ethereum, Solana, XRP, and Dogecoin each posted dynamic price swings.

    This rebound arrives amid swirling sentiment, as traders balance bullish momentum against lingering macroeconomic headwinds.

    Blue-chip movers: BTC, ETH, SOL, XRP, DOGE

    At the top of the board, Bitcoin (BTC) hovered above $117,000 in Friday trading, enjoying a lift after the Fed’s quarter-point rate cut put risk assets back in focus.

    Bitcoin’s performance set the tone, showing about a 1% daily gain and signaling renewed comfort for bulls who had watched levels slip to near $115,000 earlier in the week.

    Ethereum followed suit, trading at roughly $4,600 and holding above psychological support as technical analysts flagged signs of short-term resistance, but mostly positive undercurrents.

    Solana (SOL) charged ahead to around $247, buoyed by talk of a potential breakout if its historic $250 resistance falls as traders are watching that level closely for momentum.

    Meanwhile, XRP remained pressed just above $3.10; analysts noted a robust daily RSI and possible breakout if it clears this threshold, eyeing targets above $3.20 if upside volume persists.

    Dogecoin (DOGE) slipped slightly, last seen around $0.28 after an initial morning pop; the meme coin is consolidating with active speculation about another upswing if key technical support holds.

    Altogether, the major cryptos painted an optimistic but cautious technical picture as the day unfolded.

    Markets brace for September’s endgame

    Beyond the price action, several big stories have traders sitting up straight.

    The Fed’s long-discussed interest rate cut was far and away the top catalyst, delivering a tailwind to the entire risk-asset space and providing a confidence boost at a time when global markets are searching for stability.

    Industry insiders also watched closely as September’s scheduled token unlocks, totalling over $4.5B began to cast their shadow mid-month, stoking some sector-specific volatility and shifting flows among altcoins.

    Regulatory winds were swirling as the SEC and CFTC neared new clarity on digital assets, sparking hope among institutions for more definitive rules of the road, adding another undercurrent of optimism for long-term industry maturation.

    This blend of macro and sector developments means the stage is set for potentially explosive moves as Q4 approaches.

    The upshot for traders and industry-watchers is clear: September’s endgame is shaping up as a moment of high drama.

    With macro drivers, critical token dynamics, and regulatory headlines all hitting at once, the coming days could offer firm direction, whether that brings further upside or a new round of volatility remains the question hanging in the air.

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  • NEAR protocol price surges as AI Tokens jump on Nvidia’s $5 Billion intel bet

    NEAR protocol price surges as AI Tokens jump on Nvidia’s $5 Billion intel bet

    NEAR Surges Amid Nvidia Deal

    • NEAR jumps 11% to $2.98 as Nvidia’s $5B Intel stake sparks AI crypto rally.
    • AI tokens surge with NEAR, TAO, Render and The Graph gaining on chip deal optimism.
    • NEAR eyes $3.6–$4 breakout as AI adoption and bullish charts fuel momentum.

    NEAR Protocol price jumped more than 11% in 24 hours to hit $2.98 amid a broader rally in AI-linked cryptocurrencies.

    The AI token’s uptick aligned with momentum that stemmed from Nvidia’s strategic $5 billion investment in Intel, with Bittensor, Render and The Graph among the top crypto AI gainers.

    Tokens like Aster jumped 500% on Thursday.

    NEAR price retests $2.98 as Nvidia news boosts AI tokens

    NEAR Protocol’s token experienced a sharp uptick, retesting the $2.98 resistance level with an 11% pump.

    This came after the cryptocurrency traded to lows of $2.70 earlier in the week, and the surge aligns with the overall crypto bounce and Nvidia’s announcement of a $5 billion equity stake in Intel.

    This deal, which includes collaborative development of AI-optimized PC and data center chips.

    It’s a move that points to Nvidia’s push to fortify US semiconductor capabilities amid global supply chain tensions.

    The investment arrives at a pivotal moment for Intel, following a $9 billion US government stake via the CHIPS Act and a $2 billion infusion from SoftBank, bolstering Intel’s balance sheet and foundry ambitions without immediate reliance on Nvidia’s manufacturing needs.

    AI tokens surge

    For the AI crypto ecosystem, this move amplifies optimism as the partnership signals the AI chipmaker’s potential to “innovate for customers” as it grows its business.

    NEAR, designed as an AI-native blockchain with sharding technology enabling up to 100,000 transactions per second, stands to benefit if momentum catalyzes price gains.

    The protocol’s Nightshade consensus and tools like Near Tasks for AI agents resonate with Nvidia’s ecosystem, and key integrations may see the altcoin explode further.

    Today’s Nvidia-fueled pump has similarly lifted the AI token sector: TAO climbed 7.7%,RENDER 8%, and The Graph (GRT) 5.9%, per CoinMarketCap data.

    Broader market tailwinds, including Bitcoin’s recovery to above $117,600, have added an uplift to the upswing.

    NEAR’s market cap moved back above $3.7 billion to rank 34th among top cryptocurrencies.

    What’s next for NEAR price?

    NEAR’s trajectory hinges on sustained AI momentum and technical breakouts targeting $3.6.

    Both the RSI and MACD on the daily chart support upside continuation.

    A look at the chart also shows a potential triangle pattern breakout.

    NEAR price chart by TradingView

    While downturn risks include macroeconomic headwinds, such as potential US regulatory scrutiny on AI chips or broader crypto volatility, NEAR has the potential to see levels above $4 in coming weeks.

    The project’s protocol upgrades and global AI adoption trends could allow bulls to target highs of $8.

    On the flip side, primary support could be around $2.62.

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  • Aster token pumps more than 500% post-TGE launch

    Aster token pumps more than 500% post-TGE launch

    Aster

    • ASTER token soars 550% to $0.52 post-TGE.
    • Total value locked catapulted to $1 billion, doubling pre-launch figures.
    • Aster’s debut bolsters BNB Chain’s ecosystem, boosting the BNB price.

    The Aster ($ASTER) token’s debut saw it hit $0.58, rocketing by more than 500% within hours.

    Aster then slightly pared the gains as traders looked for profits post-TGE and airdrop distribution for the YZi Labs-backed protocol.

    Altcoins such as Lagrange, EigenLayer and BNB have outshone the broader market.

    Launching at an initial price of approximately $0.08, the token swiftly ascended to a peak of $0.52.

    It is a move that encompassed a staggering 550% gain in its first trading session and saw ASTER’s market capitalization rally past the $800 million threshold.

    On debut, Aster rose to rank among the top 150 cryptocurrencies by market cap.

    As the token’s price pumped, daily volume rose to over $420 million in the initial 24 hours, up 1800%.

    While the 500% climb validates Aster’s utility in perpetual trading, bulls have to be aware of a potential sharp pullback if price overextends into the overbought territory.

    Aster TVL jumps to $1 billion

    Aster’s total value locked has exceeded expectations, surging to over $1 billion within days of the TGE in a milestone that represents a more than twofold increase from pre-launch figures of around $400 million, attracting over 330,000 new wallets and solidifying Aster’s position as the second-largest perpetual DEX globally.

    The influx highlights the platform’s multi-chain prowess, spanning BNB Chain, Ethereum, Solana, and Arbitrum, where users leverage unique collateral options like liquid-staking as BNB and yield-bearing USDF stablecoins.

    Privacy-focused innovations, such as zk-proofs have drawn sophisticated traders seeking capital efficiency without custodial risks whereas Aster’s integration with PancakeSwap has boosted ecosystem liquidity, contributing to a 15% uptick in BNB’s price over the past week.

    Market observers note that this $1 billion TVL not only enhances on-chain stability but also positions Aster to capture a slice of the $16 billion Hyperliquid pie, potentially driving annual revenues toward $500 million through fee structures that reward $ASTER holders.

    A significant first step for $ASTER on BNB Chain

    For $ASTER, this TGE marks a transformative debut on BNB Chain, laying the groundwork for broader DeFi adoption.

    As a high-performance Layer-1 with privacy at its core, Aster Chain empowers seamless perpetuals and spot trading, democratizing access for both novice and pro users via intuitive Simple and Pro modes.

    The platform’s non-custodial ethos, coupled with governance via $ASTER enables fee discounts and protocol upgrades.

    Implementation of this feature aligns with the community-first principles that propelled BNB Chain’s growth to over $16 billion in TVL.

    This milestone extends beyond numbers as it validates BNB Chain’s edge in low-fee, high-throughput environments, especially as altcoin rotations favor derivatives amid Bitcoin’s stabilization above $117k.

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  • Lagrange price rockets 80% amid listing on South Korea’s largest crypto exchange

    Lagrange price rockets 80% amid listing on South Korea’s largest crypto exchange

    Bitcoin Soared Amid Wall Street Gains

    • Lagrange price skyrocketed by over 80% after South Korea’s largest crypto exchange, Upbit, announced trading support.
    • Upbit also listed Lombard, a Bitcoin DeFi protocol.
    • Both BARD and LA tokens pared gains amid rising profit-taking.

    Lagrange (LA), a zero-knowledge (ZK) infrastructure project, saw its price skyrocket by more than 80% following a listing announcement by Upbit, South Korea’s leading cryptocurrency exchange.

    As Upbit’s move sparked widespread interest, LA price reached intraday highs of $0.64 and ranked among the top gainers as it outpaced the likes of Wormhole, EigenLayer and Pudgy Penguins.

    Lombard, another token landing on Upbit, witnessed a sharp spike before swiftly paring gains amid profit-taking.

    Lagrange price soars 80% after Upbit listing announcement

    As noted, upward momentum for Lagrange gained traction with the announcement of its listing on Upbit.

    In an update, Upbit said it would list LA for spot trading against the Korean won, with the BARD/KRW pair available at 19:30 pm local time on Sept. 18.

    Following the news, LA’s price spiked by more than 80%, pushing the token’s value to highs of $0.64.

    LA price had hovered at lows of $0.35 prior to Upbit’s announcement.

    The price surge aligns with historical trends that have seen newly listed tokens, particularly on major exchanges like Upbit, go parabolic amid significant volatility.

    Lagrange price chart by CoinMarketCap

    Upbit also lists the Bitcoin DeFi platform Lombard

    South Korea’s Upbit has also expanded its list of supported cryptocurrencies with the listing of  Lombard (BARD).

    The exchange announced trading support for the native token of the Bitcoin DeFi platform on Thursday, adding trading pairs for BTC and Korean won.

    Upbit’s listing of BARD adds to the growing number of tokens that have found traction on the leading crypto exchange in South Korea.

    Investors interested in leveraging Bitcoin’s stability for DeFi applications will fancy Lombard, which aims to bring Bitcoin-based capital markets on-chain, and rallied amid a confluence of other factors too.

    BARD and LA price outlook

    Lagrange’s zero-knowledge proof generation platform has attracted support from global giants such as Nvidia, ZKSync developer Matter Labs and Polygon.

    Meanwhile, Lombard is a project looking to tap into Bitcoin’s growing DeFi ecosystem. Analysts note that both tokens are riding exchange momentum.

    Nonetheless, volatility may engulf both before a steadier growth trajectory emerges.

    As of writing, LA traded around $0.48, sharply paring gains amid a staggering 1,120% spike in daily trading volume.

    BARD meanwhile hovered around $1.08, again having sharply retreated from its intraday peak of $1.61.

    Analysts expect the buzz around these tokens will cool off and likely add to downward pressure.

    However, the overall broader market sentiment is bullish.

    As such, holding key levels at $0.40 and $1 could be key to LA and BARD’s short term price outlook.

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  • Eigen price spikes 33% as EigenLayer leads fresh altcoin rally

    Eigen price spikes 33% as EigenLayer leads fresh altcoin rally

    Eigen Price Jumps To Lead Altcoins

    • EigenLayer price hovered around $2.03, up by 33% after breaking to highs of $2.09.
    • The US Securities and Exchange Commission’s move to approve a rules-based listing standard buoyed altcoins.
    • EIGEN price also gained as the Fed cut interest rates,

    EigenLayer (EIGEN) is surging. Its price hovers near $2.03, currently up by 33% in 24 hours as a broader rally boosts altcoins.

    The cryptocurrency market is witnessing a notable resurgence amid the Federal Reserve’s monetary policy decision and a key regulatory win for altcoins.

    EigenLayer price jumps 33% to retest key level

    As most altcoins posted minor gains in early trading on Thursday, EigenLayer’s EIGEN token experienced a dramatic 33% price increase.

    The EIGEN token climbed from lows of $1.50 to hit highs of $2.09, with the sharp uptick marking a significant continuation following a breakout of a descending triangle pattern.

    Some catalysts of the uptick include partnerships and integrations, regulatory developments and macroeconomic indicators.

    For instance, on September 17, 2025, the US Securities and Exchange Commission approved generic listing standards for commodity-based trust shares.

    It means the regulator is adopting a rules-based approach that will streamline the approval process for exchange-traded products on platforms like the NYSE, Nasdaq, and Cboe Global Markets.

    EIGEN gained ground as the Federal Reserve’s rate cut supported broader risk sentiment, while optimism has also been fueled by EigenLayer’s recent partnership with Google.

    In the past 24 hours, trading in the protocol’s native token surged, with volumes topping \$427 million — a 260% jump alongside a sharp pickup in activity.

    Crypto rally: EIGEN leads altcoin surge

    EIGEN’s impressive performance is not occurring in isolation; it is leading a fresh wave of enthusiasm across altcoins, particularly those within the Ethereum ecosystem.

    Tokens associated with layer-2 solutions, DeFi protocols, and restaking mechanisms have seen gains ranging from 10% to 25% in the past 24 hours.

    Ethereum-linked projects are regaining prominence after months of Bitcoin-led momentum, with EigenLayer at the forefront through a string of new partnerships.

    The protocol has recently expanded ties with Moonbeam and Aethir, while also joining forces with Google.

    As part of that collaboration, EigenCloud is serving as a launch partner for Google Cloud’s new Agent Payments Protocol (AP2), underscoring the project’s growing role in Ethereum’s broader ecosystem.

    “AP2 helps create a global verifiable economy where agents can coordinate, transact, and prove their actions to humans and to each other. EigenCloud makes sure they are held accountable by any counterparty,” said EigenLayer founder Sreeram Kannan.

    Other altcoins to rally amid the latest surge include EtherFi and Lido DAO, both boasting double-digit gains in the past 24 hours.

    Polkadot, Bitcoin Cash, Sui and NEAR Protocol are some of the altcoins to outpace the broader market and peers as altcoins signal new momentum.

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  • Bitcoin calm, altcoins surge: Fed cut ushers in new chapter for crypto markets

    Bitcoin calm, altcoins surge: Fed cut ushers in new chapter for crypto markets

    • Bitcoin steady at $116K as Ethereum, Dogecoin, Solana, and XRP rally strong.
    • XRP and Dogecoin ETFs debut in US, unlocking fresh mainstream investor demand.
    • Fed rate cut sparks hope for a new crypto rally not seen since the 2021 bull run.

    The crypto market woke up to a new monetary landscape after the US Federal Reserve delivered its long-awaited rate cut, lowering borrowing costs by 25 basis points.

    Unlike past years when central bank decisions would send digital assets lurching in one direction, Wednesday’s policy pivot sparked a measured response from market heavyweights, even as traders searched for the next big catalyst.

    Bitcoin steady, altcoins lead gains

    Bitcoin proved its maturity by brushing off early choppiness. The world’s leading crypto hovered just above $116,000 for most of the day, slipping a modest 0.35% in a session marked by tight range-trading and lower-than-average spot volumes.

    For seasoned market watchers, the calm felt telling: Wall Street’s risk radar may be shifting, but Bitcoin continues to march to its own beat.

    Ethereum took the baton and ran with it. The second-largest cryptocurrency jumped 2.5%, breaking through the $4,600 mark in early trade.

    Bulls pointed to optimism that cheaper money will revive DeFi and NFT activity, while a pickup in staking metrics added further tailwind.

    Meme coin faithfuls celebrated a minor breakout as Dogecoin surged 5.5%. Blame it on lighter liquidity, or credit it to the social media machine, either way, DOGE’s run was the day’s standout among retail traders.

    Solana, meanwhile, snapped back 3.9% to trade near $245, with bullish developer news propelling fresh capital into the ecosystem.

    Not to be left out, XRP managed a 1.8% pop, riding a string of solid inflows and a brewing rumor mill over new ETF products.

    Investors will be watching closely: if the Fed signals more cuts ahead, the tide for high-beta risk assets could turn decisively, something crypto bulls haven’t had in their favor since 2021.

    New XRP, DOGE ETFs shine; LayerZero makes waves

    While prices grabbed headlines, the day was just as busy beyond the charts.

    For starters, US investors got their first taste of XRP and Dogecoin ETFs, thanks to listings from REX Shares and Osprey Funds.

    It’s a landmark moment for altcoin access on mainstream platforms, and early volume figures suggest significant pent-up demand among both retail and institutional players.

    Elsewhere, LayerZero, an up-and-comer in the cross-chain arena sealed its $110 million acquisition of Stargate, with overwhelming backing from the Stargate DAO.

    The move was widely interpreted as a signal that decentralized finance is firmly in “consolidate and build” mode as competition heats up just below the major protocols.

    With macro currents swirling and new products landing on the scene, digital assets are poised for a lively finish to September, one in which both the cautious and the bold can find opportunity.

    All eyes are now on the next signals from Washington and Wall Street to see if crypto’s comeback rally truly has legs.

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  • Mantle targets new ATH after hitting $1.77 amid ZK rollup upgrade

    Mantle targets new ATH after hitting $1.77 amid ZK rollup upgrade

    Mantle Price New Peak

    • Mantle surged by 15% to reach a record high of $1.77.
    • The total value locked exceeded $2 billion, making Mantle the largest ZK rollup by TVL.
    • Mantle’s transaction volumes also soared, with hundreds of thousands of daily transactions.

    Mantle Network’s native token, MNT, surged to a record all-time high of $1.77 on September 17, 2025, driven by the successful completion of its mainnet upgrade to a zero-knowledge (ZK) rollup architecture in a landmark development for Ethereum’s Layer 2 ecosystem.

    This price gain comes as other cryptocurrencies like PancakeSwap and Filecoin also edge higher.

    Mantle completes ZK rollup upgrade

    Mantle’s transition from an optimistic rollup to a full ZK rollup represents a pivotal evolution in its infrastructure with the upgrade, enabling the network to generate validity proofs for state transitions without disclosing underlying data, thereby bolstering security and reducing reliance on fraud-proof challenges.

    This shift addresses longstanding limitations of optimistic models, where transactions assume validity until contested, potentially delaying finality.

    “With today’s mainnet upgrade, the journey is complete: Mantle is now the world’s largest ZK rollup by TVL, with over $2 billion secured by Succinct’s technology,” said Edward Li, growth and business development lead at Succinct.

    Mantle’s total value locked (TVL) stood at approximately $218 million prior to the upgrade as  post-implementation having ballooned to over $2 billion, cementing its status as the world’s largest ZK rollup by this metric.

    By incorporating EigenLayer’s , Mantle ensures robust decentralization without overburdening the base chain, a hybrid approach that has drawn praise from developers seeking EVM-compatible environments.

    Mantle price outlook and token performance

    The announcement catalyzed an immediate price rally for Mantle, with MNT climbing over 15% to breach its previous peak of $1.68 set last month.

    According to trading data from major exchanges like Binance and Coinbase, MNT’s market capitalization surpassed $5.4 billion, ranking it among the top 30 cryptocurrencies.

    Analysts have also related the price surge to a number of factors, like renewed institutional interest in ZK technologies amid Ethereum’s Dencun upgrade.

    Mantle’s ecosystem incentives, including yield-bearing stablecoins like mETH and upcoming products such as crypto index funds, also boosted price.

    Mantle price chart by TradingView

    Looking at Mantle’s price chart, the cryptocurrency trades around $1.64, slightly lower than the $1.77 all-time high.

    Selling pressure contributed to the decline in MNT price.

    However, bulls are targeting a new ATH amid a bull flag pattern as Mantle’s ZK framework unlocks cross-rollup interoperability.

    With over 5.86 million active accounts already, predictions suggest total value locked could double by year-end, driven by partnerships with EigenLayer and Succinct.

    Nonetheless broader market challenges might persist, including competition from established ZK players like Polygon zkEVM and potential regulatory scrutiny on restaking mechanisms.

    In this case, the price levels to watch could include $1.40 and $1.09.

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  • CAKE price surges as PancakeSwap adds BTC & ETH predictions

    CAKE price surges as PancakeSwap adds BTC & ETH predictions

    PancakeSwap Price

    • PancakeSwap price jumped 6% to above $2.66 before slightly paring gains.
    • CAKE price has surged following the launch of BTC and ETH predictions.
    • A technical breakout and broader market sentiment suggest CAKE is on course for fresh gains.

    Decentralised exchange protocol PancakeSwap has seen its token CAKE surge amid increased volume as the DEX benefits from integration of Bitcoin and Ethereum into its Predictions Markets platform.

    CAKE price reached highs of $2.75 as trading volume rose 185% to over $129 million.

    PancakeSwap price rises as BTC & ETH predictions go live

    PancakeSwap’s token CAKE rose after the DEX platform officially launched its highly anticipated BTC and ETH Predictions feature on BNB Chain.

    According to details in a blog post, this move allows users to engage in price prediction markets for the two largest cryptocurrencies by market capitalisation.

    This is available directly from within the PancakeSwap platform’s ecosystem.

    The feature enables participants to forecast whether the prices of these assets will rise or fall over specified time frames.

    Participation typically ranges from minutes to hours, thus adding a layer of speculative excitement to the DeFi space.

    PancakeSwap’s predictions mechanism operates on a binary outcome model, where users stake CAKE tokens on their predictions.

    Successful forecasters earn rewards from the collective pool, while incorrect bets result in losses to the same pot, ensuring a balanced and engaging marketplace.

    This integration builds on PancakeSwap’s existing prediction tools, which previously focused on BNB Chain-native assets, but now extend to major cross-chain heavyweights like Bitcoin and Ethereum.

    As BTC and ETH “go live” on Predictions, PancakeSwap has reported a sharp uptick in platform activity.

    Trading volumes for prediction markets have seen a notable spike, while total value locked has increased to over $2.42 billion.

    CAKE is benefiting from the enhanced liquidity and interoperability, as well as broader market gains.

    CAKE price signals major rally

    In the three days following the BTC and ETH predictions launch, CAKE price saw a decent surge to $2.66.

    However, bulls failed to hold onto gains, and prices dropped to $2.43 before widespread gains across cryptocurrencies helped the PancakeSwap price rally.

    PancakeSwap price chart by TradingView

    The token’s utility in predictions, where CAKE is the primary staking asset, has contributed to the past 24 hours of price uptick.

    A look at the technical indicators, including the Relative Strength Index (RSI), give buyers an upper hand.

    The MACD is also hinting at a bullish and broader market sentiment is positive.

    In this case, bulls will target December 2024 highs of $4.20.

    However, if bears stand strong, they could aim for the key support area around $1.60.

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  • Bitcoin leads rally amid Fed rate cut hopes, major ETFs boost crypto outlook

    Bitcoin leads rally amid Fed rate cut hopes, major ETFs boost crypto outlook

    Crypto Wrap: Bitcoin rallies over 4%, fueled by hopes of a Fed rate cut.

    • Bitcoin rallies over 4%, fueled by hopes of a Fed rate cut.
    • Solana, Dogecoin, and XRP gain momentum on upgrades and ETF excitement.
    • Token unlocks and Fed easing are set to reshape crypto markets this quarter.

    Crypto markets woke up on Wednesday with a spring in their step, charging higher as investors braced for a major central bank event.

    Bitcoin set the pace, rallying over 4% to clear the $116,000 mark, fueled in large part by growing bets that the US Federal Reserve is finally ready to deliver an interest rate cut on Wednesday.

    As rate-cut speculation took center stage, Bitcoin’s market cap soared to well over $2 trillion, cementing the number-one crypto’s dominance after weeks of volatile swings.

    Markets eye Fed-driven breakout

    Ethereum, the world’s top smart-contract platform, held strong above the $4,500 threshold. Investors have been piling into ETH on prospects for a supply squeeze, as well as ongoing accumulation by institutional players positioning ahead of the Fed’s meeting.

    Traders argued that a successful breakout above the stubborn $4,800 technical resistance could spark a new phase of risk-on flows across crypto, especially if macro conditions cooperate in the coming weeks.

    Solana added even more energy to the rally, gliding near $240, as a string of protocol upgrades and surging developer momentum fueled optimism about the network’s long-term prospects.

    Major exchanges reported large spot inflows, and Solana’s rapid-fire transaction speeds kept it in the conversation as a serious contender among the leading altcoins.

    Meme-friendly Dogecoin, ever the wild card, hovered around $0.27, down slightly on the day, but still up more than 100% from a year ago.

    Increased social activity and new integrations have helped Dogecoin keep its playful reputation, as trade volumes remain lively whenever the broader market shifts.

    Meanwhile, XRP is holding just under $3, stuck in a tight range as markets anxiously anticipate the launch of the first US spot XRP ETF on September 18.

    Speculation around the ETF’s potential inflows and its possible effect on price has helped XRP stay in focus despite the broader sector’s roller-coaster action.

    Technical watchers say a rally through $3.18 could unleash a new round of bullish momentum for Ripple’s token.

    Crypto industry poised for Q4 shakeup

    It isn’t just price charts and volatility levels dictating sentiment this week: all eyes remain locked on Washington as the US Federal Reserve kicks off its most consequential policy meeting in recent memory.

    With inflation trending lower and unemployment ticking up, markets broadly expect Fed Chair Jerome Powell to announce a 25 basis point rate cut, the first since 2020.

    For crypto, where high-growth bets are directly tied to easier money, the Fed’s pivot could drive a decisive shift in market psychology.

    “Fed easing typically gives permission for the crypto rally to keep going,” said one strategist.

    Many in the industry expect fresh liquidity to spark increased inflows, particularly into blue-chip tokens like Bitcoin and Ethereum, and may even encourage more institutional adoption as risk appetite returns.

    Away from the Fed drama, September is seeing a tidal wave of token unlocks, as over $4.5 billion in coins come into circulation across high-profile projects like Sui, Aptos, Ethena, and Arbitrum.

    While some worry about the impact of new supply, others view it as a crucial stress test for market depth and investor demand.

    Finally, excitement around the pending debut of the first US-based spot XRP ETF may mark a turning point for altcoins.

    If the ETF attracts robust inflows, along the lines of Bitcoin and Ethereum ETFs launched earlier this year, it could shift the narrative and trigger sustained price rallies in the sector.

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  • Avalanche price: AVAX holds $30 level as bulls target channel breakout

    Avalanche price: AVAX holds $30 level as bulls target channel breakout

    • Avalanche (AVAX) price is in the green on Tuesday morning, with bulls hovering above the critical level of $30.
    • Most cryptocurrencies trade at key levels amid the broader market’s anticipation around the Federal Reserve’s meeting and interest rate decision.
    • Institutional interest also continues to grow, with Bitwise filing for an Avalanche spot exchange-traded fund with the US Securities and Exchange Commission.

    Avalanche price eyes breakout above $30

    While small-cap tokens like Avantis skyrocket to lead top gainers on the day, the Avalanche (AVAX) price hovers green. It currently trades as one of the top gainers among the top 20 cryptocurrencies.

    The altcoin traded around $30.50 as of writing on September 16, up 7% in the past 24 hours and an impressive +18% over the last seven days.

    It’s a performance that outpaces the global cryptocurrency market’s 1% gain and sees bulls close to the resistance line of a channel breakout.

    Trading volume has spiked to $1.18 billion, up by more than 27% in the last day to signal buying pressure.

    Avalanche price chart by TradingView

    From a technical point of view, chart patterns suggest that AVAX is on the cusp of a significant channel breakout.

    While the token has largely consolidated within a descending parallel channel, a recent uptick has bulls looking at a potential corrective pattern that could allow for a retest of $44.

    Avalanche has notably breached the critical $27 horizontal resistance level. Holding above this level and piercing the $30 barrier may allow bulls to break above the channel’s upper boundary.

    The Relative Strength Index (RSI) at 64 indicates room for gains before overbought conditions hit. A bullish outlook is also supported by the Moving Average Convergence/Divergence (MACD) on the daily chart.

    Overall, the chart structure positions AVAX favorably for a move above $30, potentially fueled by ecosystem expansions and DeFi growth.

    Bitwise AVAX ETF filing and Fed decision

    Compounding the technical optimism are recent regulatory and macroeconomic trends.

    One of these is the development that saw Bitwise Asset Management file an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for a spot Avalanche ETF.

    This filing, following the establishment of a statutory trust in Delaware, proposes direct exposure to AVAX through custody-held tokens, allowing investors to gain regulated access without managing wallets or private keys.

    VanEck and Grayscale are among the top issuers seeking approval for ETFs tracking the AVAX cryptocurrency. Sentiment is high amid anticipation of an SEC nod in the coming months.

    Also buoying AVAX price is expectation around the Federal Reserve’s upcoming decision on interest rates.

    The Fed meets this week and a 25 basis point cut could inject fresh liquidity into risk assets like cryptocurrencies. Avalanche’s price will rally alongside other altcoins.

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