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  • TRON price forecast as USDT supply surpasses $80 billion

    TRON price forecast as USDT supply surpasses $80 billion

    USDT And TRON Symbols

    • USDT supply on TRON has surpassed $80 billion, accounting for over 50% of circulating USDT.
    • TRX price is currently at $0.27, but could rise to $0.44 in the short term amid bullish momentum. 
    • ETFs, partnerships, and network growth are likely catalysts for TRON price.

    TRON (TRX) price is down on the day, but the blockchain project is making headlines elsewhere as the supply of Tether’s USDT on its blockchain has surpassed $80 billion.

    The native Tron token TRX traded at $0.27 on Friday, June 27, with CoinMarketCap showing the price was down under 1%. Intraday highs for the altcoin range around $0.29, and TRON remains in the top 10 by market cap.

    However, the question might be, what does the USDT milestone mean for TRON’s price?

    USDT supply on TRON hits $80 billion

    As the crypto market eyes gains and stablecoin adoption grows, Glassnode has shared details that reveal a dramatic rise in Tether (USDT) supply on the TRON network.

    Notably, the Tether-issued US dollar-pegged token has surpassed the $80 billion supply mark as of mid-2025.

    This marks a significant leap from earlier years, with the supply growing steadily from negligible amounts in 2020 to over $60 billion by 2024, before accelerating sharply into 2025. As seen in the chart by Glassnode, there’s a steep upward trajectory, reflecting TRON’s increasing role in facilitating stablecoin transactions.

    USDT in circulation currently sits at around $157.4 billion. With more than half of the total circulating USDT at $80 billion is dominance that solidifies TRON’s position as a preferred blockchain for stablecoin settlements, outpacing competitors like Ethereum.

    The network’s efficiency and low transaction costs have likely driven this adoption, with institutional and remittance use cases further fueling demand.

    May 2025 saw a record $684 billion in transfer volume, while 283 million USDT transfers this year highlight explosive user adoption.

    TRON price prediction

    Currently priced at $0.27 with a 24-hour trading volume of $407 million, TRON has shown resilience.

    While price has recently dipped from highs of $0.29, bulls have held above the key support level of $0.20 since early January.

    The surge in USDT supply is a bullish signal, as it boosts network usage and attracts more users to TRON’s ecosystem, including DeFi and payment applications.

    Looking at the price outlook, several catalysts could drive TRX’s price higher.

    The potential launch of TRON-based exchange-traded funds (ETFs) could attract institutional investment, mirroring trends seen with Bitcoin and Ethereum.

    Additionally, strategic partnerships—such as collaborations with major financial institutions or further integration with Tether- might prove huge for TRX.

    Recently, it was announced that Tron is eyeing a public listing via a reverse merger. The deal, which reportedly eyes an IPO with Nasdaq-listed SRM Entertainment, will transform TRON into a treasury company.

    Short-term, TRX might test resistance around $0.30. A breakout above $0.30 will allow bulls to target December 2024 highs above $0.44, which formed TRX’s all-time high. Long term, TRON price will eye a rally to $1.
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  • Euler price soars 27%, eyes new ATH as EulerSwap volume surges

    Euler price soars 27%, eyes new ATH as EulerSwap volume surges

    Euler price jumped 27% on Friday

    • Euler Finance price up 27% in 24 hours as daily volume spikes 236%.
    • Bulls could eye a new all-time high, with EUL price currently hitting $11.
    • Gains have come amid a surge in EulerSwap volume.

    Euler (EUL), the native token of the Euler Finance ecosystem, has risen by 27% within the past 24 hours.

    This uptick coincides with an explosive increase in trading volume on EulerSwap, the platform’s decentralized exchange, which has recorded a cumulative volume of $230 million in just three weeks despite remaining in beta.

    Notably, EUL’s gains see it hover above $11 and bulls could have their sights on a new all-time high (ATH) as the token’s momentum continues to build.

    Euler price skyrockets as bulls eye new all-time high

    The Euler Finance token has experienced a significant 27% price increase over the last 24 hours, propelling its value to above $11.

    Indeed, market data shows the token jumped to an intraday high of $11.05 at the time of writing.

    Euler’s price surge has been accompanied by a staggering 236% rise in daily trading volume, which hit $2.65 million to signal fresh market interest and liquidity.

    Gains mean that at current levels, EUL is trading just 14% below its previous ATH of $12.97.

    The token reached this peak in 2022.

    If bulls sustain the upside momentum, Euler could explode past the $12.97 resistance level to behold price discovery mode.

    Euler price chart by CoinMarketCap

    Why is the price of Euler up today?

    Euler’s upward momentum is tied to heightened activity on EulerSwap, which has demonstrated impressive growth since its launch.

    The platform’s ability to handle substantial trading volumes while still in beta has bolstered confidence among investors, with many anticipating a potential breakout to new highs in the near term.

    On June 26, 2025, Euler Labs highlighted the success of EulerSwap, noting it had achieved over $230 million in cumulative trading volume in just three weeks.

    This came as Euler Labs detailed enhancements to the EulerSwap interface and upcoming features.

    Euler Labs introduced EulerSwap in late May, noting the smarter DEX unifies trading, lending and borrowing.

    “EulerSwap integrates Uniswap v4 directly with Euler lending vaults in order to tackle inefficiencies like idle capital, lack of collateral utility, and costly rebalancing,” it noted.

    Notably, Euler’s integration with Arbitrum is key to tapping into an ecosystem boasting rapid adoption in the DeFi market.

    As the Euler Super App lands on Arbitrum, users can lend, borrow, and loop multiple tokens, including ARB, USDC and USDT0. Also supported are the wrapped tokens of Ethereum and Bitcoin – WETH, wstETH, weETH and WBTC.

    The 27% surge in Euler’s price also aligns with overall bullish sentiment across altcoins, with several small caps rising as investors position amid broader accumulation.
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  • Aptos price surges as stablecoin supply nears all-time

    Aptos price surges as stablecoin supply nears all-time

    • Aptos price rose to highs of $5.07 as trading volume jumped 189% to over $643 million.
    • Data shows Aptos stablecoin supply nearing $1.2 billion.
    • Aptos Labs and Jump Crypto have introduced Shelby, a decentralized storage protocol, enhancing Aptos’ appeal for web3 applications.

    The Aptos blockchain, a leading Layer-1 platform, has seen its native token, APT, experience a significant price surge. As Bitcoin recovered to above $106k, APT price climbed nearly 17% in the past 24 hours to highs of $5.07. Trading volume increased 189% to $643 million.

    The uptick in APT price coincides with the platform’s stablecoin supply approaching an all-time high of approximately $1.2 billion, reflecting growing adoption and liquidity within the Aptos ecosystem.

    According to industry analysts, the surge in stablecoin supply highlights Apts’ increasing prominence in decentralized finance (DeFi).

    Aptos stablecoin supply nears $1.2 billion

    While overall market sentiment has played a part in Aptos token’s bounce, network related growth appears to a main catalyst.

    Per details shared by Token Terminal, Aptos’ stablecoin supply has grown from $430 million in December 2024 to near the all-time high of $1.2 billion.

    The metric last reached this milestone in May 2025, signaling robust network activity. Leading stablecoins Tether (USDT) and USDC (USDC) have driven this surge in liquidity.

    Notable gains for APT have also come after Wyoming picked Aptos’ blockchain for the state’s WYST stablecoin pilot.

    This momentum suggests potential for further price gains if adoption continues, which also ties in with the latest Aptos related news.

    Meanwhile, the average transaction fee on Aptos has fallen to around $.0.0005.

    Jump Crypto and Aptos Labs to launch Shelby

    Adding to the bullish sentiment, Aptos Labs, in collaboration with Jump Crypto, have announced the upcoming launch of Shelby, a decentralized hot-storage protocol designed for high-frequency web3 workloads.

    Announced on June 24, 2025, Shelby leverages Aptos’ 600ms finality and ultra-low gas fees to offer cloud-speed storage for applications like streaming video, AI pipelines, and DePIN feeds.

    The protocol is chain-agnostic, with planned support for Ethereum and Solana, and has attracted early interest from brands like Metaplex and Story Protocol.

    According to Aptos Labs’ X account, Shelby aims to deliver web2 performance with web3 transparency, positioning Aptos as a leader in scalable infrastructure.

    “Web3 wasn’t meant to run on Web2 infrastructure. Its potential to create value through data has been throttled. That ends now. ShelbyServes is a decentralized hot storage protocol, designed to serve real-time data, and reward it,” Aptos Labs wrote.

    Shelby’s potential to drive cross-chain adoption could be crucial to Aptos, with a developer-focused devnet slated for Q4 2025.
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  • SUI price sees 15% gain, but are bulls out of the woods yet?

    SUI price sees 15% gain, but are bulls out of the woods yet?

    Sui Price

    • SUI price surged 15% to $2.91, rebounding from a weekly low of $2.29.
    • Gains align with a broader crypto market recovery driven by improved investor sentiment and easing geopolitical tensions.
    • SUI could break above $3 and potentially eye a new peak, or dip to support near $2.

    The SUI token, native to the Sui layer-1 blockchain, has soared by more than 15% in the past 24 hours, with gains to highs of $2.91 coming amid a lift in crypto market sentiment.

    Notably, Sui’s uptick halts a month-long decline that pushed the token from highs of $3.80 to its lowest levels since April. But as the broader market sentiment improves, SUI’s rebound has investors in an optimistic mood as bulls target further gains.

    However, with key resistance levels looming, the question remains whether this surge signals a lasting bullish trend or a bull trap.

    Sui price jumps 15% amid crypto bounce

    After enduring weeks of downward pressure, SUI has rebounded sharply, trading to an intraday high of $2.91 on Tuesday. At the time of writing, the altcoin’s price was at $2.79.

    The double-digit gains align with the uptick in prices for the broader cryptocurrency market, with easing geopolitical tensions and Fed chair Jerome Powell’s remarks adding to investor confidence.

    Sui price also gained as OKX Wallet teamed up with Navi Protocol and Momentum to “bring BTCfi to life” on Sui. The community can take part for a chance to grab a share of $2.5 million in rewards.

    The SUI token thus gained as major assets like Bitcoin (BTC) and leading altcoins posted upward moves.

    However, SUI’s double-digit surge stands out as it reflects a bullish impulse amid what appears as a bearish set still. The token remains 20% down over the past month and is well off its all-time peak of $5.35.

    Sui price prediction: Are bulls ready to run?

    The technical picture shows SUI’s price action in a descending channel on the daily chart. Sui also signals a broader descending triangle pattern. This suggests sellers may yet have a say despite the spike from weekly lows of $2.29.

    A look at the charts shows the RSI bouncing off the oversold level, which means room for growth. The MACD indicator also signals a potential bullish crossover, highlighting gains as critical for bulls if they want to take the upper hand.

    In this case, the key hurdles will be around $3.50 and $4.13. Take these out, and bulls could run to the ATH and higher.

    Sui price chart by TradingView

    Conversely, failure to maintain momentum could see SUI retreat to the $2.43 support, where a recent local low formed. If bears breach this level, it might be a bloodbath to the psychological $2 or lower.

    SUI’s 15% surge reflects a broader market recovery and renewed interest in the SUI ecosystem.

    Yet, with critical resistance levels ahead and the threat of bearish pressure lingering, the token’s trajectory remains uncertain.
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  • Chainlink price jumps 11% amid major Mastercard partnership

    Chainlink price jumps 11% amid major Mastercard partnership

    Chainlink Partners With Chainlink

    • Chainlink and Mastercard are collaborating to enable over 3 billion cardholders to buy crypto onchain
    • LINK rose 11% amid the Mastercard partnership and broader crypto optimism
    • Chainlink’s growth in the tokenised assets market continues.

    Chainlink’s native token, LINK, soared 11% today, buoyed by a groundbreaking partnership with Mastercard.

    While gains mirrored broader crypto market upside, the news that Chainlink and Mastercard are looking to bring direct crypto purchases to over 3 billion cardholders added to the upbeat sentiment around LINK.

    Chainlink and Mastercard partner

    As with many other similar collaborations, this one between Chainlink and Mastercard marks a significant step toward mainstream adoption of decentralised finance (DeFi).

    The two companies said in a press release that their integration looks to bridge traditional finance with blockchain technology. Chainlink’s infrastructure will play a pivotal role in this transformative integration.

    Other than leveraging Chainlink’s interoperability protocol and data standards, the partnership will also tap into key platforms and protocols, including zerohash, Shift4 Payments, and XSwap.

    “There’s no doubt about it – people want to be able to easily connect to the digital assets ecosystem, and vice versa. That’s why we continue to leverage our proven expertise and global payments network to bridge the gap between onchain commerce and offchain transactions,” said Raj Dhamodharan, executive vice president, Blockchain & Digital Assets at Mastercard. “In coming together with Chainlink, we’re unlocking a secure and innovative way to revolutionise onchain commerce and drive the broader adoption of crypto assets.”

    LINK price gains

    As noted, Chainlink’s price experienced a robust 11% surge in 24 hours, climbing from a low of $11.48. This aligned with crypto’s bounce on Israel-Iran ceasefire news and also reflected strong market enthusiasm for the Mastercard partnership.

    As of writing, LINK was trading at $13.07, with bulls looking to break towards $20.

    The partnership’s announcement and broader market tailwinds, including the recently passed GENIUS Act, could catalyse gains.

    Indeed, Chainlink co-founder Sergey Nazarov recently noted that the US stablecoin law could boost LINK adoption by supporting stablecoin innovation.

    “This is the type of traditional finance and decentralised finance convergence that Chainlink was built to make possible,” Nazarov noted. “I’m excited about Chainlink’s ability to enable this critical connection between the traditional payments world and the over three billion cardholders in the Mastercard user base, directly into the next generation trading environments of onchain decentralised exchanges.”

    Solutions like Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and proof-of-reserve technology are seen as critical for tokenised assets, and could potentially drive LINK price higher.
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  • XRP price outlook: $2 remains key amid increased volume

    XRP price outlook: $2 remains key amid increased volume

    XRP Price Outlook

    • XRP trades above $2.00 and could eye a decisive break above $2.30.
    • An uptick to $2.50 could confirm bullish continuation.
    • However, a drop below $2.00 may signal deeper corrections.

    The price of XRP is holding near $2 as top cryptocurrencies trade at key support levels.

    Most altcoins mirror Bitcoin’s trajectory, which saw a sharp decline over the weekend, largely attributed to heightened geopolitical tensions stemming from US military strikes on Iran.

    Despite its downturn to lows of $1.94, XRP demonstrates resilience.

    Bitcoin has also bounced above $100k, with bullish sentiment among investors signalling strength despite the volatile broader market.

    XRP price above $2 as volume spikes

    XRP has shown notable strength, rebounding from a weekly low near $1.94 as trading volume surged by over $3 billion in the past 24 hours.

    This spike in volume, coupled with the price holding above the critical $2.00 psychological support level, indicates robust buying interest.

    According to market analysts, increased trading volume during a price recovery often reflects renewed investor confidence and potential for sustained upward momentum.

    The broader cryptocurrency market has faced downward pressure due to US strikes on Iran, which intensified fears of a wider conflict.

    Bitcoin and Ethereum have also corrected, with Bitcoin trading just above $101k.

    Despite this, stock futures indicate investors are shrugging off the weekend’s sell-off, and oil prices have stabilized after a brief spike, suggesting markets are adapting to the geopolitical unrest.

    A crypto market bounce is possible if risk-on sentiment returns, but an escalation in the Middle East could trigger further declines.

    Ripple price prediction

    A bounce for cryptocurrencies comes as data from asset manager CoinShares shows digital asset investment products saw a 10th consecutive week of inflows for the week ending June 20.

    As per details shared on June 23, the crypto sector attracted $1.24 billion in exchange-traded funds last week, with Bitcoin leading with $1.1 billion for a second straight week of inflows.

    Meanwhile, Ethereum hit a 9th consecutive week of inflows with $124 million. Solana attracted $2.78 million and XRP $2.69 million.

    Analysts are cautiously optimistic about XRP’s future. Short-term forecasts suggest a potential breakout above $2.50 could push prices toward $3.00.

    XRP chart by TradingView

    The bounce to $2.00 suggests that bulls are defending this key level, positioning XRP for a possible short-term rally.

    Despite the RSI and MACD on the weekly chart, long-term projections are more ambitious.

    A break above the 20-week exponential moving average (EMA) will reinforce this outlook.

    Notable predictions for XRP include a potential rocket past $10, driven by increased institutional adoption and regulatory clarity.

    However, failure to hold above $2.00 could see prices retest April’s low of $1.60.
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  • Bitcoin Pepe price to jump soon as another firm plans major BTC purchases

    Bitcoin Pepe price to jump soon as another firm plans major BTC purchases

    Best crypto to buy as altcoin rotation favors low-caps: BRETT, BPEP, and TRX

    • With institutional adoption increasing, major cryptos are becoming less attractive to investors seeking outsized returns.

    • These investors are increasingly looking toward early-stage tokens such as Bitcoin Pepe.

    • The project’s presale has raised over $15.3 million.

    Bitcoin (BTC) dropped to a six-week low late Sunday, briefly falling below $98,500 after a US airstrike on Iranian nuclear facilities over the weekend heightened geopolitical tensions.

    Risk assets came under pressure as markets responded to the escalation.

    However, the dip below the $100,000 mark proved short-lived. BTC rebounded during early Monday trading, recovering to around $101,841 at the time of writing.

    Bitcoin now trades near the key psychological threshold of $100,000. A decisive close below that level could signal further downside, with the next support near Sunday’s intraday low of $98,200.

    In this volatile environment, institutional adoption remains a bright spot, with more firms looking to expand their exposure to digital assets.

    As institutional participation increases, top-tier cryptocurrencies are becoming less attractive to investors seeking outsized, asymmetric returns.

    This shift is drawing renewed interest toward early-stage tokens such as Bitcoin Pepe, which are capturing risk-on capital.

    With traders pivoting to more speculative corners of the market, assets like Bitcoin Pepe are emerging as key beneficiaries of the current momentum.

    Grant Cardone’s firm buys Bitcoin

    Real estate mogul Grant Cardone has announced Cardone Capital’s first Bitcoin purchase, marking the firm’s entry into a digital asset treasury strategy.

    Cardone Capital has added 1,000 Bitcoin (BTC), valued at approximately $101 million at current market prices, to its balance sheet.

    “First ever real estate/Bitcoin company integrated with full BTC strategy,” Cardone said in a post on X, describing the move as a combination of “the two best-in-class assets,” real estate and Bitcoin.

    He also indicated plans to add another 3,000 BTC to the firm’s holdings later this year.

    With this initial purchase, Cardone Capital surpasses mining firms Core Scientific and Cipher Mining in terms of Bitcoin holdings, according to data from BiTBO.

    Founded in 2017, Cardone Capital is a private equity real estate firm that pools investor capital to acquire multifamily residential properties.

    The firm currently manages more than 14,000 units and has an estimated $5.1 billion in assets under management.

    Bitcoin Pepe price outlook

    While Bitcoin grapples with short-term volatility, its growing institutional adoption continues to underpin overall market sentiment.

    At the same time, investors are rotating back into high-beta segments of the crypto market, with meme coins witnessing a renewed wave of inflows.

    Among the most prominent is Bitcoin Pepe, which has set itself apart by blending meme-driven appeal with a Layer 2 infrastructure narrative.

    Unlike conventional meme tokens that rely solely on viral traction, Bitcoin Pepe positions itself as the first meme-centric Layer 2 built on the Bitcoin network, seeking to deliver scalability and speed similar to Solana while anchored to Bitcoin’s base-layer security.

    The project has also secured strategic partnerships with Super Meme, Catamoto, and Plena Finance, aimed at supporting the broader utility and adoption of its ecosystem.

    Bitcoin Pepe’s presale has so far raised over $15.3 million, with its BPEP token priced at $0.0416.

    A price increase is imminent, with the next tier triggered once the presale hits $15.54 million in total funding.

    The token is slated for listing on MEXC and BitMart, with expectations that these will provide improved liquidity and visibility.

    An additional listing announcement is expected to be announced on June 30, further fueling investor interest as the presale nears completion.

    With risk appetite returning and meme coins back in focus, Bitcoin Pepe appears well-positioned to benefit from both speculative momentum and a more structurally grounded product narrative.
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  • AERO price jumps 20% as it defies crypto downturn

    AERO price jumps 20% as it defies crypto downturn

    • Aerodrome Finance token AERO is skyrocketing.
    • The AERO price has jumped 20% in 24 hours as it defies broader crypto downturn.
    • Recent Coinbase integration looks to be the key driver.

    Aerodrome Finance’s native token, $AERO, has surged by 20%, reaching $0.96.

    The token is surging despite a broader cryptocurrency market downturn, with AERO price up 74% in the past week.

    As Bitcoin and major altcoins face selling pressure, with BTC struggling below $105,000, $AERO’s resilience stands out.

    Escalating tensions in the Middle East have heightened market uncertainty, contributing to a cautious outlook for cryptocurrencies.

    However, as investors show caution amid geopolitical risks impacting global markets, $AERO is riding recent Coinbase news to eye a breakout above $1.

    There’s growing confidence in Aerodrome Finance’s decentralized exchange (DEX) ecosystem on the Base chain.

    Aerodrome Finance price: AERO pumps 20%

    While Bitcoin grapples with weekly decline and many altcoins bleed, $AERO has defied the trend, climbing 20% in a single day and 74% over the past week.

    The token has broken above its 200-day exponential moving average, hitting its highest price in over four months.

    It is now on the cusp of reclaiming the $1 mark, a level not seen since early 2024.

    This performance positions $AERO to potentially outpace most altcoins in the short term.

    AERO’s price surge is primarily driven by Coinbase’s integration of Aerodrome Finance, the second-largest DEX on Base with over $1 billion in total value locked (TVL).

    The integration, announced recently, exposes $AERO to Coinbase’s 10 million-plus users, boosting liquidity and adoption.

    Additionally, a 1.3× boosted airdrop for Coinbase One users and new token launch fees for stakers have fueled investor enthusiasm.

    AERO’s 74% weekly gain and Coinbase’s role in its rally reflect strong community sentiment.

    The Aerodrome Finance team notes the platform is getting greater attention.

    “At Aerodrome, we believe in leveling the playing field not just in the DEX space, but beyond it: Fair and transparent access to capital is as vital as fair and transparent access to information,” they posted on X.

    “[That’s] why we’re proud to announce that Aerodrome holds the 2nd highest score in @Blockworks_ new Token Transparency Framework, helping pioneer a new standard of trust in crypto.”

    Aerodrome Finance price prediction

    Analysts are optimistic about $AERO’s trajectory, given its technical breakout and fundamental catalysts.

    The token recently surpassed the 50% Fibonacci retracement level from its all-time high of $2.33 to its year-to-date low of $0.282.

    The next resistance lies at $1.04, which, if breached, could propel $AERO toward $1.50 in the near term.

    However, a pullback to $0.70 or $0.60 remains possible if market volatility intensifies.

    Long-term, $AERO’s close ties to Coinbase and its dominance on Base position it as a leader in the DEX space.

    With over 1 million tokens locked for governance and public goods, the protocol’s fundamentals remain robust.

    While Middle East tensions may cap broader market gains, $AERO’s unique catalysts suggest it could continue to outperform, potentially reaching $2 by year-end if bullish momentum persists.

     
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  • Hyperliquid price outlook amid Eyenovia’s $50M HYPE treasury strategy

    Hyperliquid price outlook amid Eyenovia’s $50M HYPE treasury strategy

    Eyenovia Plans To Buy HYPE Tokens

    • Hyperliquid (HYPE) price fell below $40 amid profit-taking and crypto sell-off.
    • Despite positive news with Eyenovia announcing plans to add HYPE to treasury strategy, the price dipped 5%.
    • Bears may target deeper price dips if bulls give up territory.

    Hyperliquid (HYPE) dropped more than 5% on June 18, 2025, falling below the $40 mark even as Eyenovia, Inc.—a Nasdaq-listed ophthalmic technology firm—announced a $50 million investment in the token as part of its crypto treasury strategy.

    The move marks a significant milestone for both firms.

    Eyenovia’s announcement aligns with a broader trend of publicly traded companies increasing exposure to digital assets, adding crypto to their balance sheets amid growing institutional interest.

    Despite the bullish headline, HYPE extended losses following a recent all-time high, with the decline largely attributed to profit-taking.

    The price action leaves the Hyperliquid token vulnerable to further downside if selling pressure persists.

    Big news as Eyenovia plans HYPE treasury strategy

    On June 17, 2025, Eyenovia announced its plans for a private placement as it looks to establish a cryptocurrency treasury reserve.

    Specifically, the company wants its balance sheet to include Hyperliquid’s native token, HYPE.

    This strategic pivot, which includes rebranding to Hyperion DeFi, aims to position Eyenovia as a leading validator on the Hyperliquid blockchain..

    Notably, Eyenovia’s $50 million investment targets the acquisition of 1 million HYPE tokens.

    Once executed, the company will become one of the top global validators on Hyperliquid’s layer-1 blockchain.

    The $50 million financing, secured through a private placement in public equity (PIPE) with institutional investors, involves issuing convertible preferred stock at $3.25 per share, potentially raising up to $150 million if warrants are fully exercised.

    Eyenovia has appointed Hyunsu Jung as Chief Investment Officer to lead this initiative, with plans to stake HYPE tokens via Anchorage Digital’s platform.

    Eyenovia’s chief executive officer, Michael Rowe, emphasized the strategy’s focus on long-term capital appreciation and shareholder value, citing Hyperliquid’s rapid growth and $8.4 million daily revenue.

    This move aligns with a growing trend among publicly traded companies diversifying into cryptocurrency treasuries.

    Strategy, formerly MicroStrategy, is the biggest player with its over $60 billion Bitcoin (BTC) haul.

    Other companies have announced strategies for Ethereum, XRP, and Solana.

    Eyenovia stands out as the first US public company to adopt HYPE, potentially setting a precedent for decentralized finance (DeFi) tokens.

    “We are pleased to join the growing number of companies who have adopted similar strategies for the diversification, liquidity and long-term capital appreciation potential that cryptocurrency represents,” stated Michael Rowe, chief executive officer of Eyenovia.

    “Following a thorough review of all available alternatives, the Board and I have concluded that this transaction is in the best interests of our shareholders.”

    What is the outlook for the HYPE price?

    HYPE’s price has struggled to maintain momentum above $40, dropping to $39.89 after failing to sustain a recent peak of $45.50.

    On the daily chart, technical indicators paint a bearish picture, with the Relative Strength Index (RSI) sitting at 45.6, indicating neutral momentum with a slight bearish tilt, while the Moving Average Convergence Divergence (MACD) shows weakening bullish momentum.

    HYPE price chart by TradingView

    Open Interest (OI) on Hyperliquid futures has also declined, signaling reduced trader confidence, according to Coinglass data.

    Despite the current price dip, analysts forecast that such institutional endorsements could drive HYPE’s value higher.

    Moreover, Hyperliquid remains a strong project with massive perpetuals volume and revenue.
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  • Bitcoin Cash price forecast: BCH steady despite profit taking

    Bitcoin Cash price forecast: BCH steady despite profit taking

    Bitcoin Cash Token Steady Despite Profit Taking

    • Bitcoin Cash price hovered above $470 on June 18, 2025, despite broader profit taking.
    • BCH could break to December 2024 highs around $640.
    • However, a lack of decisive moves above $500 could allow for further declines if bearish momentum accelerates.

    Bitcoin Cash (BCH) is trading just below $470, marginally in the red for the day, while most major altcoins have seen sharper declines over the past 24 hours.

    The token, which is a fork of Bitcoin (BTC), is down 0.3% at the time of writing, faring better than most of the top 10 cryptocurrencies by market cap, which are down between 1.5% and 3%.

    The total market capitalization of all cryptocurrencies has declined 1.5% to $3.26 trillion, reflecting a broader pullback in risk assets across global markets.

    Bitcoin Cash price dips amid crypto market weakness

    Despite the profit-taking that has intensified as uncertainty looms with the geopolitical conflict in the Middle East, Bitcoin Cash shows notable resilience.

    Macroeconomic pressures have also not helped investor sentiment, providing a potential downturn outlook for BCH and most altcoins.

    The Bitcoin Cash price stood among the top gainers last week, rising to hit highs near $480.

    It outpaced peers and Bitcoin’s more modest gains as it extended above $400.

    However, the past 24 hours have seen BCH retreat from its multi-week highs, largely due to broader profit-taking across the market.

    Similar trends have seen Bitcoin price pullback from highs above $108k to under $105k, driven by geopolitical tensions.

    The recent military escalations between Israel and Iran have dampened investor confidence, contributing to market volatility.

    While there are positive developments, such as the US Senate’s passage of the GENIUS Act, broader uncertainty persists.

    Investors are thus largely cautious, a reflection seen in Bitcoin’s performance.

    Indecision runs high, and BCH’s delicate poise above $400 may be retested again.

    On the other hand, a flip could be huge for bulls.

    BCH price prediction

    Despite recent losses, Bitcoin Cash exhibits resilience, with bulls defending the $400 support level within an ascending triangle pattern.

    Often, such a pattern precedes bullish breakouts.

    Also steady is the Open Interest (OI) in BCH futures. Per Coinglass, OI has risen 2.8% to $487 million to signal continued trader confidence.

    Buyers may use the dip to position for a potential move.

    BCH chart by TradingView

    Technical indicators bolster this optimism, with the Relative Strength Index (RSI) at 65 to suggest sustained bullish momentum.

    Bitcoin Cash’s daily chart also has the Moving Average Convergence Divergence (MACD) showing a bullish crossover, suggesting buyers retain the upper hand.

    Should BCH break above the key $500 resistance, the next target lies at the December 2024 highs of $640, potentially signaling a broader rally.

    On the downside, strong support exists at $400, with $375 acting as a critical floor.

    A breach below these levels could accelerate bearish pressure, particularly if Bitcoin falls below the psychological $100k level.
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