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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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  • XRP price targets breakout above $3 as BTC hits fresh ATH

    XRP price targets breakout above $3 as BTC hits fresh ATH

    XRP price

    • XRP price has gained 5% to hit $2.50, its highest level in nearly two months.
    • Ripple’s token appears poised to challenge its 2025 high of $3.40.
    • A breakout could potentially bring the all-time high of $3.84 into view, though support lies around $2.29 and $2.10.

    Ripple’s XRP posted a strong uptick as the cryptocurrency market witnessed a fresh dose of optimism amid Bitcoin’s surge to a new all-time high above $113,718.

    Bitcoin’s rally, which saw the benchmark digital asset trade more than 4% in the past 24 hours, saw Ethereum (ETH), Solana (SOL), and BNB (BNB) hit key price levels. Amid this bullish wave, XRP broke to $2.5, reaching its highest level since May 2023.

    This uptick, bolstered by fundamental developments and Ripple CEO Brad Garlinghouse’s recent Senate testimony, has sparked speculation about a potential breakout above $3, with analysts eyeing a new all-time high for XRP.

    XRP price: bulls reach $2.5

    XRP has surged to $2.50, marking a 5% increase in the last 24 hours and a nearly 11% gain in the past week. The altcoin’s upward momentum saw it reach its highest price since May 2023, when it traded above $2.58.

    Gains on the day come as the broader cryptocurrency market rides a fresh wave of bullish sentiment. As noted, Bitcoin’s new peak above $113k has seemingly set the tone for altcoin rallies.

    ETH and SOL have posted gains of 5% to 6%, while BNB is looking to follow suit with a 2% uptick in the last 24 hours.

    XRP chart on CoinMarketCap

    Ripple’s strategic advancements, including its application for a US banking license and a partnership with BNY Mellon to custody Ripple’s USD-backed stablecoin, RLUSD, have buoyed XRP price.

    Additionally, Garlinghouse’s testimony before the US Senate Banking Committee on July 9, 2025, where he emphasized regulatory clarity for digital assets, has reinforced XRP’s position as a major crypto market player.

    Ripple price prediction: Is XRP set for new all-time high?

    As altcoins stack gains, analysts are increasingly optimistic about an altseason.

    XRP’s trajectory, with derivatives markets signaling strong bullish momentum and key fundamental milestones, could rally hard.

    According to Coinglass, XRP’s futures open interest has surged to $5.89 billion, up 6%. Growing investor confidence and speculative bets on further price increases have also seen the derivatives volume surge over 27% to $9.84 billion.

    On the technical front, XRP’s chart shows promising signals.

    XRP Price
    XRP chart by TradingView

    The daily chart shows the Relative Strength Index (RSI) at 69, indicating strong buying pressure.

    While it is upsloping, the RSI has not pierced into the overbought territory. Meanwhile, the Moving Average Convergence Divergence (MACD) displays a bullish crossover, suggesting upward momentum.

    If upside strength holds, a break to resistance at $2.70 will bring $3.00 into play. The all-time high of $3.84 will be the next target. On the flipside, the critical support area is at $2.29 and $2.10.
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  • SYRUP, MOVE, DEXE among top gainers as cryptocurrencies eye fresh gains

    SYRUP, MOVE, DEXE among top gainers as cryptocurrencies eye fresh gains

    Bitcoin And Cryptocurrencies

    • Cryptocurrencies are up as Maple Finance (SYRUP) price spikes 19% amid institutional DeFi adoption.
    • The Movement (MOVE) token gained 17% as price hits $0.19 on rising volume.
    • DeXe’s DEXE token jumped 10% in 24 hours to hit highs above $9 after a sharp rebound off $5.30.

    Maple Finance (SYRUP), Movement (MOVE), and DeXe (DEXE) have posted remarkable price moves in the past 24 hours, all up by double-digits as cryptocurrencies bid for further gains.

    The upside action for these altcoins come as Bitcoin holds above $106k, and stock futures suggest investors are pricing in a thawing in the Israel-Iran hostilities.

    At the time of writing, SYRUP traded around $0.62, up nearly 19% in 24 hours. Meanwhile, MOVE hovered near $0.18 and DEXE changed hands at highs of $9.10, up 17% and over 10% respectively.

    Analysts at QCP Group summed up the market sentiment in a post on X:

    “Israel resumed strikes shortly after a fragile ceasefire, but markets barely reacted. Traders seem to have priced in peace or stopped waiting. Risk appetite surged as the Nasdaq 100 hit record highs and the S&P 500 neared its 2020 peak. Oil also returned to pre-conflict levels.”

    Maple Finance (SYRUP) price

    Maple Finance’s SYRUP token has soared 19% in the last 24 hours, trading to highs of $0.62 with a market capitalization of $684 million. A 24-hour trading volume of $188 million, up 24% in this period,  reflects strong market confidence.

    The price rally aligns with broader crypto gains,with top altcoins also rallying.

    However, Maple’s transition to a leading on-chain asset manager, and blending traditional finance expertise with decentralized finance (DeFi) innovation, is seeing industry take notice.

    Maple’s lending and structured products are appealing to institutional investors, which is likely to buoy the $SYRUP token further.

    Currently, Coinglass data shows open interest in SYRUP is up 56% to nearly $69 million, while derivatives volume has jumped to over $308 million.

    Movement (MOVE) surges to $0.19

    Movement’s MOVE token has climbed 17% over the past day, reaching $0.19.

    A look at the charts also shows that MOVE is up more than 42% in the past week, with gains coming amid fresh interest in the token. Move Foundation’s buyback initiative is part of the upside catalysts, with 10 million and 8 million repurchased on June 20 and June 22 respectively.

    DeXe (DEXE) price jumps to $9

    DeXe’s DEXE token rose sharply after tapping support near $5.30 on Wednesday.

    With gains of over 10% in 24 hours, the token’s price jumped to a high of $9.10, rising amid a 560% spike in daily volume. Per CoinMarketCap, the daily volume for DEXE stood at $104 million at the time of writing.

    Gains for DeXe come as its governance model, which allows DEXE holders to influence protocol decisions, strengthens community trust.
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  • XRP eyes fresh gains as Bitcoin correlation hits 0.91, RSI turns bullish

    XRP eyes fresh gains as Bitcoin correlation hits 0.91, RSI turns bullish

    • RSI remains above 50, indicating bullish momentum.
    • Resistance targets include $2.38 and $2.50.
    • A drop below $2.20 could invalidate the current rally.

    XRP appears to be aligning itself closely with Bitcoin’s performance, as fresh data shows a 0.91 correlation between the two cryptocurrencies.

    With Bitcoin hovering near $110,000, this unusually tight relationship is strengthening the case for a potential price surge in XRP.

    Technical indicators like the Relative Strength Index (RSI) also suggest a build-up of buying pressure.

    As broader market momentum improves, XRP’s price action is increasingly seen as part of a larger bullish wave across the crypto space, raising the possibility of a breakout beyond its current range.

    Strong Bitcoin correlation boosts XRP

    XRP’s 0.91 correlation with Bitcoin highlights a clear pattern: the altcoin tends to rally when Bitcoin moves upward.

    This current high correlation is particularly significant, given Bitcoin’s attempt to breach its previous all-time highs.

    Historically, XRP has often mirrored Bitcoin’s trends, especially during strong bull cycles.

    When the correlation weakens, XRP usually underperforms, but with the metric climbing again, traders are taking this as a potential bullish signal.

    Bitcoin’s recent stability near the $110,000 mark is reinforcing this sentiment.

    Market watchers note that when BTC remains strong at key levels, altcoins like XRP typically gain in both price and volume.

    This is setting the stage for XRP to maintain upward momentum in the near term, especially if Bitcoin continues to test resistance levels above $110,000.

    RSI supports a bullish trend for XRP

    One of the key indicators showing positive momentum for XRP is the Relative Strength Index (RSI), which currently remains above the neutral 50 mark.

    This signals an increase in buying activity, with bulls maintaining control over the asset.

    If the RSI continues in this direction, XRP could build up the strength needed to challenge higher resistance zones.

    Momentum-based traders are likely to keep a close eye on this trend.

    With the RSI staying above the halfway line, it reflects sustained interest in the token from both retail and institutional players.

    The technical structure now favours buyers, as the RSI has consistently held in the bullish range for several days.

    This upward pressure could catalyse a fresh move in the altcoin’s price.

    XRP stabilises above support, targets new resistance

    XRP is currently trading at $2.33. The altcoin has managed to hold above the $2.27 support level, a crucial zone for maintaining its bullish setup.

    XRP price
    Source: CoinMarketCap

    Should XRP continue to hold this level, the next target would be the $2.38 resistance, which has previously acted as a strong ceiling.

    A break above $2.38 and a successful retest as support could propel XRP towards $2.50, a level that would reinforce its bullish momentum.

    However, a failure to defend $2.27 could open the door to short-term weakness.

    Key downside targets include $2.20 and $2.13, with a move below these levels risking a complete invalidation of the recent uptrend.
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  • can Bedrock upgrade trigger fresh optimism?

    can Bedrock upgrade trigger fresh optimism?

    • The Bedrock upgrade could be a major positive for Optimism, boosting the price of OP.
    • Increased adoption of Optimism could see further demand for OP, helping its price.
    • OP price was down 3% in the past 24 hours and 23% in the past two weeks as the token traded near $1.63 at the time of writing.

    Optimism (OP), a Layer 2 scaling solution for Ethereum, has seen the price of its native token fall by 23% so far in May (as of 16 May, 2023).

    The decline comes amid a broader sell-off in the cryptocurrency market, with Bitcoin (BTC) struggling for a foothold above $27,000 and Ethereum (ETH) retesting support areas near $1,800.

    Sentiment across the broader crypto market continues to lean bearish after last week’s downturn. Optimism price could therefore fluctuate with overall market outlook, particularly as cryptocurrencies are likely to react to macroeconomic news.

    But one thing that could aid an uptick in positivity for the altcoin’s price is the upcoming Bedrock upgrade.

    Optimism price outlook- when is the Bedrock upgrade?

    On Monday, the L2 platform announced the expected release date for the launch as 6 June 2023.

    Bedrock is a major upgrade to the Optimism network that will make it faster, cheaper, and more secure.

    Among the things to come with the Bedrock upgrade are network improvements to the effect of full EVM compatibility, higher scalability and reduced transaction fees.

    Optimism (OP) price prediction

    Looking at OP price, it’s down nearly 3% in the past 24 hours, 23% in the past two weeks and nearly 39% in the past 30 days. 

    As CoinJournal recently highlighted in a price prediction for Optimism, Tron and Stacks, it appears the bears have the upper hand. This outlook remains with the current price at $1.63 being -49% from the all-time high of $3.22 reached on 24 February 2023.

    OP price chart. Source: TradingView

    While price reaction to the confirmation wasn’t great, a flip in sentiment over the next two weeks could see OP/USD take a new leg to the upside.

    Again, a successful upgrade could help boost the price of OP, with Optimism becoming a more attractive option for developers and users and increasing demand for the OP token. OP is currently oversold, but faces key resistances around $1.82 and $2.16.

    On the downside, especially if the bearish technical picture holds, the token’s price could fall to $1.15 and $0.87.

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