Tag: explodes

  • CYBER price explodes 80% to YTD high above $4.5: here’s why

    CYBER price explodes 80% to YTD high above $4.5: here’s why

    • Cyber price rose 80% in 24 hours to hit $4.5.
    • Broader market sentiment and Upbit listing catalysed the gains.
    • If the broader crypto market continues its upward trend, CYBER price could target a new all-time high.

    Cyber (CYBER), the native token of the CyberConnect ecosystem, has witnessed an impressive 80% surge in 24 hours to hit highs of $4.5, its highest level since January 2025.

    This explosive price gain has captured the market’s attention, with daily volume spiking more than 825% to over $410 million.

    Meanwhile, the market cap has jumped to over $154 million. Per data from CoinMarketCap, CYBER ranks as the best performing altcoin in the top 500 by market cap, outpacing peers.

    Why is Cyber price skyrocketing?

    Cryptocurrencies bounced as Bitcoin broke to $122k before retreating, and Cyber price picked up momentum amid this move.

    However, the likely trigger for CYBER’s sharp gains in the past 24 hours looks to be the official listing of the token on Upbit, the largest crypto exchange in South Korea.

    On August 12, 2025, Upbit announced trading support for CYBER with Korean won and Tether (USDT).

    The CYBER/KRW and CYBER/USDT pairs going live on the exchange have injected fresh liquidity and visibility for the token, attracting further buy-side pressure.

    Upbit’s decision to support CYBER adds to the excitement around the decentralised social platform, with CYBER seeing its biggest jump in nearly eight months.

    Cyber treasury strategy

    As well as the Upbit listing, bullish market sentiment around altcoins is key to CYBER price gains.

    Cyber Foundation also recently announced the major milestone that saw NYSE-listed company Enlightify Inc become the first publicly-traded company to initiate a treasury strategy for CYBER.

    Enlightify plans to accumulate up to $20 million worth of CYBER tokens for the next 12 months.

    This trend has driven the Ethereum price to above $4,300 and helped Solana, XRP and other top alts to retest key supply wall areas.

    CYBER price could benefit from such a trend.

    “Institutional engagement with digital assets has long centered on passive BTC or ETH holdings. Enlightify’s plan to build a treasury position in CYBER—the native token that powers Cyber’s decentralized AI and social infrastructure—signals a broader shift toward recognizing the long-term value of specialized blockchain networks,” the Cyber team noted.

    CYBER price forecast: is a new all-time high next?

    Elsewhere, the technical outlook for CYBER suggests room for further growth.

    Cyber price chart by TradingView

    Breaking through key resistance levels near $4.0 amid a surge in trading volume suggests upside strength.

    Indicators such as the Relative Strength Index (RSI) on the weekly chart align with the bullish momentum.

    The chart shows CYBER is not overly extended in the overbought territory.

    Bulls could aim for $6 and then $10, with the all-time high above $15 possible in 2025.

    However, the profit taking seen across the market has helped bears revisit lows of $3.15. CYBER currently trades around $3.41 and bulls need to reclaim $4.00 to have the upper hand.



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  • CFX price explodes 100% amid news from a major Conflux conference

    CFX price explodes 100% amid news from a major Conflux conference

    Conflux Price Up

    • Conflux price jumps more than 100% to lead top 100 coins by market cap as Ethereum eyes $4,000.
    • An altcoin rally has buoyed top coins like XRP, Solana and BNB.
    • News from a network conference in Shanghai, mainly that Conflux 3.0 is coming, has buoyed CFX bulls.

    Conflux (CFX) is trending as the top gainer in the 100 largest coins by market cap in the past 24 hours, with its price up an impressive 116%.

    CFX traded to highs of $0.24, a multi-month peak that has bulls eyeing a major breakout.

    This rally for the 81st-ranked altcoin comes amid a broader bullish flip for top cryptocurrencies, with Ethereum leading the charge as Bitcoin takes a breather.

    Part of CFX’s uptick is down to a major news announcement around Conflux 3.0, an upgrade expected to go live this August.

    Conflux 3.0 announcement triggers triple-digit uptick for CFX

    As noted, CFX ticked up by more than 100% as the Conflux price reacted to a major news announcement.

    This announcement came at the Conflux Technology & Ecosystem Conference 2025 in Shanghai, held between July 18 and 20.

    Among the key highlights of the summit was an announcement by Dr. Guang Yang, the chief technology officer of Conflux.

    Yang noted that the upgrade that rolls in the Conflux 3.0 Architecture will activate in August.

    Positive market reaction saw the altcoin post gains as mega cap cryptocurrencies edged up alongside Ethereum’s pump and XRP’s push for a new all-time high.

    Solana was also looking to break towards $200.

    The historic passage and signing into law of the GENIUS Act have contributed to this rally in cryptocurrencies.

    It’s likely the same reason Conflux, a layer-1 blockchain designed to transform stablecoin and payment infrastructure for consumer payments, has skyrocketed in the past two days.

    For Conflux, this overall bullish picture for altcoins has combined with network-specific news to catalyse the bulls’ march to highs last seen in mid-December 2024.

    Daily volume rose by more than 1050% to over $1.74 billion, while the CFX market cap climbed to over $1.13 billion.

    Conflux price outlook

    The price of Conflux has indeed jumped by 116% in the past 7 days, extending gains to 204% in the past month.

    Bulls have given up some of the gains seen when Conflux price jumped to intraday highs of $0.24.

    Conflux price chart by CoinMarketCap

    The bullish uptick has put CFX above the key supply zone around $0.18.

    It means a break above $0.30 could bring the $0.55 peak reached in March 2024 into play.

    A run to $1 or higher in the short term is likely if altcoin season is on.

    However, profit-taking may result in a revisit of key previous support levels, including $0.14 and $0.10.

    At the current price of $0.22, CFX is more than 900% up on its value of $0.021 that bears reached in January 2023.

    The Conflux token hit its all-time high above $1.70 in March 2021.



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