Tag: Price

  • Bittensor price pops 18% to lead top gainers: what next for TAO?

    Bittensor price pops 18% to lead top gainers: what next for TAO?

    Bittensor Price Surges

    • Bittensor’s native token TAO has surged 18% to $490.
    • The altcoin has outpaced other top gainers amid a broader market uptick in AI-related projects.
    • Bulls have eyes on a breakout above $500.

    Bittensor’s TAO token has experienced a sharp rise, climbing double digits to hover just shy of the $500 psychological barrier.

    The TAO price had hit an intraday high of $490 at the time of writing.

    The move has driven TAO to the top of daily gainers lists, surpassing even privacy-focused coins like Zcash, which had jumped 15% in 24 hours.

    ETP hype and AI traction help Bittensor price

    The latest catalyst for TAO’s ascent traces directly to institutional advancements.

    In particular, as analysts continue to ponder whether the decentralized AI project has the potential to flourish into the Nvidia of crypto. More on this later.

    More of the latest gains for TAO come after the October 29 announcement of the world’s first staked Bittensor Exchange Traded Product (ETP).

    Deutsche Digital Assets and Safello launched the ETP, which went live as fresh digital asset investment product hype resurfaced.

    Bittensor’s growing network and the ETP rollout seem to have come just at the right time for the project- hence TAO’s price gains.

    Secured by BitGo Europe and domiciled in Liechtenstein, the product bridges traditional finance with decentralized AI, potentially unlocking billions in European institutional capital previously sidelined by regulatory hurdles.

    What’s next for TAO price?

    TAO’s price outlook is predominantly bullish. That’s despite it being tempered by inherent crypto volatility and macroeconomic headwinds in the short term.

    A sustained close above $500 could catalyse a breakout to $700.

    These are the highs seen in December 2024, and above that, bulls will be targeting a new all-time high.

    In March 2024, bulls reached the all-time peak of $767.

    Crypto analyst Dread Bongo shared this outlook about the token.

    Nvidia of crypto?

    Data from CoinGecko shows that the artificial intelligence token category is marginally lower, with a 1.2% dip in total market capitalisation.

    Top AI-linked cryptocurrencies such as NEAR Protocol, Internet Computer, Story, and Render have posted 24-hour gains of 2–4%.

    Bittensor (TAO), however, has outperformed the group, surging 18% in the past day to maintain its position as the largest AI token by market cap at $4.69 billion.

    The rally in Bittensor comes amid renewed investor enthusiasm for artificial intelligence, fueled by gains in AI-focused equities following recent developments from Nvidia and Microsoft.

    Yet as investment in Bittensor funds further validates traction, whale accumulation and halving sentiment may be huge catalysts to watch.

     



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  • Aerodrome price surges 10% after Animoca Brands announces strategic investment

    Aerodrome price surges 10% after Animoca Brands announces strategic investment

    Aerodrome Finance Price

    • Aerodrome Finance price eyes breakout above $1.
    • This comes after Animoca Brands announced it market-acquired and staked AERO tokens.
    • Market sentiment and the institutional confidence may propel Aerodrome Finance price to $1.34.

    Aerodrome Finance (AERO) price is up amid bullish momentum.

    The token gained as web3 and gaming investor Animoca Brands makes a strategic investment, a move that helped AERO price extend 24-hours to over 10% and briefly surpass the $1 mark.

    The Animoca Brands’ backing of Aerodrome Finance adds to the growing institutional interest in the decentralized exchange project on Base.

    Animoca Brands acquires, stakes AERO

    Animoca Brands announced its acquisition of AERO tokens on October 28, noting it made purchases on the open market. The company then staked all of these tokens for veAERO, demonstrating long-term commitment to Aerodrome Finance.

    Buying and staking AERO aligns with Animoca’s mission to generate value in open networks and support innovative protocols.

    As noted in the post above, the company sees Aerodrome as a dominant player on Base. With more than 50% of the DEX total value locked (TVL) on the blockchain, Aerodrome has become the central liquidity hub for the ecosystem.

    “Aerodrome is a key component in the engine behind Base’s DeFi growth and Coinbase is making it seamless for its CEX users to trade tokens which have liquidity on DEXs such as Aerodrome thus driving more value to Aerodrome voters. With sustainable tokenomics for $AERO and the team’s ability to execute, Aerodrome has proven its standing as a key player in Base infrastructure,” Animoca Brands posted on X.

    The investment follows a pattern of institutional backing for Aerodrome, including previous acquisitions by entities like Coinbase Ventures and Wintermute Ventures.

    Alexander Cutler, CEO of Dromos Labs and a core contributor to Aerodrome, lauded Animoca’s move. He noted that AERO’s value is accessible only through open market participation and active involvement.

    Price outlook: AERO bulls eye breakout above $1

    At the time of writing, AERO is up nearly 2% on the day and has extended the uptick to 10% in the past 24 hours.

    Over the past week, AERO has climbed 26%. This sees it outperform the broader market gains and form an uptrend since touching lows of $0.70 on Oct. 17.

    Currently, price hovers in a key range near $0.99 as bulls aim for a decisive breakout above the $1 psychological level.

    AERO price chart by TradingView

    If AERO strengthens above $1, it would allow bulls to target the next hurdles around $1.2 and then $1.34.

    The RSI at 70 on the 4-hour chart nonetheless suggests gains will firmly push AERO into the overbought zone. However, the MACD points to strength for buyers as the signal line cuts above the zero line, suggesting bullish momentum.



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  • Gnosis price outlook as GnosisDAO GIP-140 proposal passes

    Gnosis price outlook as GnosisDAO GIP-140 proposal passes

    Gnosis price outlook as GnosisDAO GIP-140 proposal passes

    • GIP-140 revamps GnosisDAO voting with on-chain and beacon data.
    • GNO price dips amid profit-taking and technical resistance.
    • Liquidity limits and stablecoin rules may influence short-term sentiment.

    The Gnosis price has experienced modest volatility following the passing of the GnosisDAO GIP-140 proposal, a major governance update aimed at overhauling the platform’s voting mechanisms.

    The GIP-140 initiative replaces the current subgraph-based GNO strategy with a suite of strategies that read blockchain state directly from both the execution and beacon layers.

    The proposal’s approval marks a significant step toward enhancing the accuracy and reliability of Snapshot voting while adding support for StakeWise tokens and reducing dependency on external data providers.

    GIP-140: revamping voting for accuracy and inclusion

    GIP-140’s passage reflects a broad consensus among GnosisDAO participants, with 82 votes cast, overwhelmingly in favour of the measure.

    The core objective is to eliminate the subgraph dependency, which has historically caused delays and inaccuracies in voting power calculations.

    The new system attributes voting power to GNO balances across both the Gnosis Chain and Ethereum, locked GNO holdings, validator balances, and StakeWise’s sGNO and osGNO tokens.

    By pulling data directly from on-chain and beacon chain sources, the proposal seeks to create a more robust and transparent voting environment that can better reflect actual stakeholder influence.

    The technical implementation involves updating Snapshot’s configuration via a SafeSnap transaction, pointing to aggregator contracts deployed on both Gnosis Chain and Ethereum, as well as a new beacon-chain strategy for staked GNO.

    Delegation mechanisms have also been updated to integrate these new sources, ensuring a seamless transition for DAO members accustomed to existing workflows.

    The changes position GnosisDAO to handle complex governance requirements while reducing reliance on third-party indexers like The Graph, which previously introduced inconsistencies.

    Gnosis price enters consolidation amid profit-taking

    Surprisingly, following the approval of GIP-140, the Gnosis price has seen a slight pullback, falling 0.89% over the past 24 hours and underperforming the broader crypto market, which gained 0.06%.

    The price movement aligns with profit-taking behaviour after GNO achieved a 7.98% weekly gain and an 8.3% rise during October.

    Technical indicators suggest the market is testing resistance around the 30-day simple moving average of $137.93 and the 61.8% Fibonacci retracement level at $138.47.

    Gnosis price analysis
    Source: CoinMarketCap

    While the RSI remains neutral at 53.42, a bearish divergence in the MACD hints at potential short-term consolidation.

    In addition, liquidity pressures stemming from CoinDCX’s June 2025 delisting continue to weigh on GNO trading activity.

    Despite being months old, the delisting reduced retail access to the token, and the 24-hour turnover ratio of 1.08% remains relatively low compared with broader DeFi sector averages.

    Regulatory uncertainties surrounding stablecoins, particularly the relaunch of USDS under the stricter US GENIUS Act, may also indirectly influence sentiment toward Gnosis Chain assets.

    Nevertheless, milestones like Gnosis Pay’s $100 million transaction volume suggest that ecosystem adoption could counterbalance some of these headwinds.

    Looking ahead

    The combination of technical consolidation, lingering liquidity constraints, and regulatory considerations creates a cautious but watchful environment for Gnosis price movements.

    Holding the $135–$137 zone could provide the stability needed for renewed momentum, particularly as GnosisDAO’s upgraded Snapshot strategies begin to reflect more accurate voting power across multiple token types.

    In the coming weeks, the Gnosis price may respond to both market dynamics and the tangible impact of GIP-140’s execution, particularly if the changes enhance voting accuracy and encourage broader participation in the DAO.

    For now, the community appears aligned, and the successful passage of GIP-140 represents a meaningful milestone that could shape GNO’s trajectory in both governance and market performance.

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  • KERNEL price goes vertical on Upbit listing, hits $0.23

    KERNEL price goes vertical on Upbit listing, hits $0.23

    upbit-lists-kernel

    • KernelDAO price jumped to highs of $0.23 amid Upbit listing news.
    • The KERNEL token reached an all-time high above $0.46 in April, and it could target this mark next.
    • Gains across the crypto market will catalyse an uptick for the token.

    KERNEL, the native token of restaking protocol KernelDAO, spiked more than 25% to hit highs of $0.23 early Tuesday.

    While bulls are battling to hold onto the gains, the uptick saw the token rank among the top performers across the crypto market.

    Given overall crypto sentiment, could Upbit listing help KERNEL price extend its upward momentum amid interest in restaking protocols?

    Upbit listing propels KERNEL to $0.23 high

    As noted, the catalyst for KERNEL’s vertical price ascent today is likely trader reaction to Upbit’s announcement.

    On October 28, 2025, the leading South Korean crypto exchange confirmed the token’s listing on its KRW market, adding support for trading on the Ethereum network.

    The listing ignited immediate buying pressure, with KernelDAO daily volume spiking as bulls propelled KERNEL from lows of $0.16 to an intraday peak of $0.23 as of writing.

    Notably, daily volume stood at over $316 million, up a staggering 1,540% in the past 24 hours.

    With gains of over 20%, KERNEL ranked among the few top altcoins with double digit price movements on the day.

    KernelDAO price hovered in the list of top gainers alongside Hedera’s HBAR, Pump.fun’s PUMP and Bittensor’s TAO tokens.

    Why such interest in KernelDAO?

    KernelDAO is a leading restaking protocol behind a $1.7 billion total value locked ecosystem.

    The YZi Labs-backed project is live across top blockchains, including Ethereum and BNB Chain.

    Notably, it boasts key products like Kernel, Kelp, Gain, and Kred, a recently introduced product focused on real-world assets.

    Upbit’s listing is the latest in bullish support for the KERNEL token, with the South Korean crypto exchange known for its active trading community.

    The listing not only boosts KERNEL’s visibility but also taps into fresh liquidity pools.

    KernelDAO is a restaking infrastructure platform that provides a range of staking-related services.

    It enables restaking on the BNB Chain, supports BNB Liquid Restaking Tokens (LRTs), and offers Bitcoin (BTC) restaking opportunities.

    In addition, the project operates an Ethereum-based restaking protocol that runs directly on the Ethereum network.

    This system includes a vault-style smart contract designed to manage staked ETH, rsETH, and liquid staking token (LST) assets.

    The platform’s native KERNEL token serves multiple purposes, including governance, restaking, and slashing insurance within the ecosystem.

    KernelDAO bulls target $0.50 next

    KERNEL price reached an all-time high of $0.46 in April 2025, and while it dropped to lows of $0.09 in June, it has recovered by more than 115% since.

    Current prices around $0.19 means bulls are about 57% off the all-time peak.

    KERNEL chart by CoinMarketCap

    As the broader cryptocurrency market rebounds amid various catalysts, including renewed institutional interest, regulatory clarity in key regions, and macroeconomic shifts favoring risk assets, KernelDAO looks set to benefit.

    DeFiLlama shows the protocol’s total value locked (TVL) has pumped to over $1.7 billion.

    As such, gains across the restaking sector could add further fuel to KernelDAO’s ecosystem.

    Targets on the upside include the ATH and a breakout above $0.50.

    On the downside, buyers need robust activity around $0.18 and $0.16.

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  • Nasdaq-listed AgriFORCE eyes $700M Avalanche treasury bet; AVAX price outlook

    Nasdaq-listed AgriFORCE eyes $700M Avalanche treasury bet; AVAX price outlook

    AVAX price at crossroads

    • Avalanche price is looking to hold the $20 level.
    • Nasdaq-listed AgriFORCE has shareholder approval to roll out an Avalanche treasury strategy.
    • The company says it’s eyeing a $700m AVAX treasury strategy.

    Avalanche price holds above the $20 mark amid news that Nasdaq-listed company AgriFORCE Growing Systems has secured shareholder support for a bold pivot into the Avalanche ecosystem.

    The AVAX token, which has bounced off lows of $18 in the past week, shows notable resilience amid broader market optimism around a potential altcoin explosion.

    AgriFORCE eyes $700 million AVAX treasury bet

    Nasdaq-listed AgriFORCE, a company traditionally rooted in sustainable agriculture technologies, is eyeing an aggressive pivot into the crypto treasury strategy ecosystem.

    Specifically, the company wants to become the first publicly traded entity on Nasdaq dedicated exclusively to the Avalanche blockchain network.  AVAX One is the new company.

    On October 27, AgriFORCE revealed it had secured special shareholder approval for the initiative .

    A $300 million capital infusion and a further $250 million offering are set to fund an aggressive AVAX treasury strategy.

    In the process of acquiring and holding AVAX tokens, AgriFORCE is poised to commit up to $700 million in exposure through direct purchases, staking, and ecosystem participation.

    Matt Zhang, founder of Hivemind and nominated chairman of the AgriFORCE board, commented:

    “With this mandate from shareholders, we can now proceed to close the transaction and begin the focused work of accumulating AVAX strategically and creating the Berkshire Hathaway of the on-chain financial economy.”

    AVAX price holds above $20: Is $40 next?

    Amid the corporate enthusiasm, the Avalanche native token shows resilience.

    While the price of AVAX fell from highs of $21 this week, bulls managed to recover from lows of $18. Maintaining stability above the critical $20 psychological level signals a potential bullish momentum that will align with the broader cryptocurrency market.

    If bulls break above $30, the altcoin could target prices above $40. As well as tokenization, catalysts such as institutional inflows and narrative shifts around spot exchange-traded funds are critical.

    AgriFORCE’s corporate strategy and market performance also point to what investors may want to look out for in the coming weeks. In its announcement, the company said it will put its plans into action in the coming days.

    “The completion of this transaction will position the Company as the first Nasdaq-listed entity with a primary mission centered on the Avalanche ecosystem. The transaction is expected to close on or about October 30, 2025,” it wrote.

    AVAX price reached its all-time high of $146 in November 2021.

    The current price is well off this peak.

    However, bulls have managed to bounce by an impressive 630% since the Avalanche price fell to its all-time low of $2.79 in 2020.

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  • What next for Avantis price after the 73% recovery?

    What next for Avantis price after the 73% recovery?

    What next for Avantis price after the 73% recovery?

    • Avantis whale activity remains weak despite strong short-term price gains.
    • Technical breakout hints at reversal, but confirmation needs $1.00 break.
    • TVL surge and new listings boost adoption amid rising volatility.

    After a steep correction that erased much of its September gains, the Avantis price has staged an impressive rebound, rising 73% over the past week and 31.9% in the last 24 hours.

    The AVNT token is now trading around $0.86, still nearly 59% below its September peak of $2.66.

    While the recovery has rekindled investor optimism, the question remains — can this rally hold, or is it merely a temporary reprieve in a larger downtrend?

    Whales are still on the sidelines

    Despite the sharp recovery, large investors appear hesitant to jump back in.

    On the daily chart, the Chaikin Money Flow (CMF), a key indicator of whale participation, remains below zero, showing that major wallets are not yet accumulating AVNT.

    Avantis price chart
    Source: TradingView

    Historically, the Avantis price has moved in tandem with whale inflows; its September surge to an all-time high coincided with CMF turning positive.

    Since the indicator slipped below zero on September 26, the market has seen sustained selling pressure.

    While CMF has slightly improved in recent sessions, the momentum is weak.

    The lack of significant whale support casts doubt on the rally’s durability.

    For a genuine reversal to take hold, CMF needs to cross decisively into positive territory, confirming renewed institutional confidence.

    Technical patterns hint at a possible shift

    From a technical standpoint, Avantis appears to be trying to flip its bearish script.

    The token recently broke out of a falling wedge pattern on the 12-hour chart, a formation often associated with a trend reversal.

    The Relative Strength Index (RSI) sits at 52.1, and the MACD histogram has turned slightly positive at +0.0088 — both signs of growing bullish momentum.

    However, beneath these signals lies a warning.

    Between October 10 and 21, the Avantis chart formed a hidden bearish divergence, where prices made lower highs while RSI posted higher highs.

    This pattern can foreshadow weakening upside pressure.

    A close above $1.00 would invalidate this bearish setup, confirming stronger buying interest.

    Until then, traders remain cautious, especially with key support anchored around $0.57.

    Rising TVL and platform growth fuel optimism

    Fundamentally, Avantis’ ecosystem continues to show progress.

    The project’s Total Value Locked (TVL) recently surpassed $111 million, up more than 430% in a month.

    Much of this growth stems from its synthetic asset trading platform on Base Chain, which has attracted new liquidity and users.

    The development of composable yield products is also boosting engagement, as AVNT’s staking and governance features tie directly to network revenue.

    This rise in TVL not only reflects increasing adoption but also suggests stronger underlying demand for the AVNT token.

    The platform’s expansion reinforces its long-term utility case, even as short-term market sentiment fluctuates.

    Exchange listings have added liquidity — but also volatility

    AVNT’s recent listings on Binance, Upbit, and Coinbase have dramatically increased liquidity, with daily trading volume now exceeding $307 million — roughly 2.4 times its market capitalisation.

    Such high turnover indicates speculative enthusiasm, but it also underscores the market’s instability.

    Following the listings in September, AVNT soared by nearly 400% before correcting by 60% in the weeks that followed.

    The current rebound, though encouraging, remains fragile unless sustained by organic demand rather than short-term trading.

    Avantis price outlook

    In the short term, all eyes are on whether the Avantis price can maintain momentum above the $1.00 resistance.

    Breaking this level would signal the start of a broader trend reversal and could open the path toward $1.32 and potentially $2.66 — the previous all-time high.

    Failure to hold above $0.57, however, could invite renewed selling and a retest of lower levels near $0.46.

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  • Aster price risks dip below $1 despite major buyback plan

    Aster price risks dip below $1 despite major buyback plan

    Aster Bearish Price Outlook

    • The ASTER token is teetering near a critical support level of $1.03-$1.00.
    • A potential drop below $1 risks triggering further declines to $0.90.
    • The outlook is despite a buyback plan the Aster team announced on Friday.

    Aster DEX, a decentralized exchange backed by YZi Labs and linked to Binance co-founder Changpeng Zhao, has unveiled a significant buyback initiative to bolster its native token, ASTER.

    Announced earlier today, the plan proposes allocating 70-80% of Season 3 fees toward ASTER buybacks, contingent on market conditions.

    However, despite this bold move, market data and technical outlook suggest that ASTER faces substantial risks of dipping below the critical $1 psychological support level.

    Aster team plans major token buyback

    The ASTER token is currently trading at $1.06, just in the red.

    However, the DEX token faces notable selling pressure as has been seen in the past week and month.

    On Friday, the cryptocurrency failed to climb despite earlier gains.

    Intraday upticks saw the altcoin’s price reject in the $1.12 and $1.15 region, with gains and the subsequent selling pressure coming amid a major ASTER buyback announcement.

    Why is ASTER price down today?

    Aster fell amid negative news on Thursday. Today, the token’s price action reflects a fragile market, with technical indicators pointing to potential downside risks.

    Notably, Aster has lost over 55% of its value since the peak of $2.42 reached in September.

    The rally that saw the exchange platform challenge and even surpass Hyperliquid in volume has dissipated, and the altcoin’s 24-hour trading volume, while robust, has dropped below $800 million.

    Market sentiment is further strained amid overall crypto action.

    On Friday, following high anticipation, the Bureau of Labor Statistics released the Consumer Price Index inflation for September.

    After an initial uptick alongside stocks, Bitcoin and Ethereum as well as most cryptocurrencies showed subdued action.

    The US CPI report, which indicated cooling inflation, failed to inspire sustained bullish momentum across the crypto sector.

    While the Dow Jones Industrial Average had spiked by over 530 points as of writing, Bitcoin failed to rally above $111,000, and ETH pared gains from near $4,000.

    Aster price signalled a similar outlook despite the team’s buyback announcement.

    Is ASTER set to dump below $1?

    Technical indicators highlight that the current price is at a critical support zone.

    A downturn below $1.03 means bears could strengthen in the $0.93-$0.97 region. ASTER could drop to lows of $0.90.

    Meanwhile, robust resistance lies in the $1.12-$1.15 zone, with a break to above $1.24 potentially triggering an upward momentum toward $1.52 and then $1.60.

    Aster price chart by TraddingView

    In any case, ASTER’s ability to hold above $1 is crucial for this bullish outlook.

    The buyback plan’s execution and broader market stabilization will be key for buyers.

    The token’s institutional backing and multi-chain architecture may also offer a foundation for recovery.

    However, the overall crypto market outlook suggests uncertainty could deter short-term holders.



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  • Succinct (PROVE) price eyes $1.74 peak amid volume spike

    Succinct (PROVE) price eyes $1.74 peak amid volume spike

    Succinct Token PROVE

    • Succinct price jumped 20% amid a 228% spike in daily volume.
    • PROVE outpaced most altcoins in the top 100 by market cap as bulls looked to break above $1.
    • The altcoin traded higher amid a zero-knowledge proofs milestone on Arbitrum.

    Succinct (PROVE) trends among cryptocurrency outperformers in the past 24 hours, with double-digit gains pushing the verifiable computation protocol’s native token to above $1.00.

    As Ethereum’s Layer 2 ecosystems push boundaries in scalability and security, PROVE’s latest momentum aligns with fresh investor confidence.

    Particularly, Succinct’s zero-knowledge proofs milestone on Arbitrum has coincided with the price surge.

    The PROVE token mirrors gains for SynFutures, Aster and World Liberty Financial. Ethereum is also up amid CPI anticipation.

    Succinct price tests $1 amid a 200% volume spike

    The Succinct token (PROVE) rose sharply on Friday to test the psychologically significant $1.00 threshold.

    Gains came as trading activity exploded, with PROVE climbing more than 20% from recent lows of $0.79 to highs of $1.02.

    The uptick positioned Succinct as a standout performer in the altcoin space, outpacing Ethereum and other top altcoins.

    Significantly, the upward pressure for the altcoin comes on the heels of a dramatic 228% spike in trading volume.

    Market data from CoinMarketCap indicated Succinct’s volume exceeded $146 million as PROVE hovered above $0.98 amid a slight retreat. 

    However, PROVE price has jumped by more than 137% since touching lows of $0.41 on October 11, 2025.

    Bulls could eye strengthening above $1 in the coming weeks, with the target on a new all-time high. 

    As PROVE hovers near $1, the combination of price appreciation and elevated volume suggests a breakout is likely.

    The token reached its all-time peak of $1.73 in August 2025. Downside action could rely on critical support around $0.75.

    Succinct Chart
    Succinct prove chart by CoinMarketCap

    Succinct hits key milestone

    The crypto market has shown lacklustre action these past few days. However, Succinct has jumped by more than 32% in the past week. 

    Amid this market outlook, Succinct has achieved a landmark advancement in its mission to democratize ZK proofs.

    The protocol recently announced the implementation of zero-knowledge proofs tailored for Arbitrum, Ethereum’s leading optimistic rollup.

    Through its SP1 zero-knowledge virtual machine, Succinct has verified real Arbitrum blocks while maintaining seamless compatibility with the Ethereum Virtual Machine and Stylus smart contracts.

    By enabling ZK proofs across all Arbitrum chains, including those built on the Orbit stack, Succinct unlocks new possibilities for modular DeFi, cross-chain bridges, and privacy-enhanced applications.

    For the Succinct ecosystem, it solidifies PROVE’s utility as the economic backbone for proof generation, staking, and governance. 

    In August, while disclosing a strategic partnership with Tandem, the Succinct team said the integration with Arbitrum could be key to PROVE revenue. 

    “Since Arbitrum chains account for ~50% of L2 TVS, our rollup market just doubled. If the SPN can monetize a fraction of that value, it will unlock hundreds of millions in revenue for our ecosystem,” they posted on X.

    While volatility remains inherent in crypto markets, the milestone and other developments affirm the Succinct’s edge against industry peers.

    Traders will watch the market closely for signals of upward momentum.

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  • Bio Protocol price surges 56% amid major network moves

    Bio Protocol price surges 56% amid major network moves

    • Bio Protocol’s native token (BIO) surged 56% to $0.1238 within 24 hours of its listing on Upbit, South Korea’s leading crypto exchange.
    • A network update has introduced advanced AI-driven BioAgents, multichain support and other developments critical to the Bio Protocol ecosystem.
    •  BIO’s market cap climbed to $196 million.

    Bio Protocol’s native token has experienced a dramatic surge, rising 56% in the past 24 hours to reach $0.1238, with trading volume exceeding $164 million.

    This rally comes after the token’s listing on South Korea’s premier cryptocurrency exchange, Upbit.

    Bio Protocol price skyrockets amid Upbit listing

    After a month-long decline, Bio Protocol (BIO) is showing signs of recovery.

    Since October 1, the cryptocurrency had been in a steady downtrend, falling from $0.15 to a low of around $0.078.

    The announcement of BIO’s listing on Upbit has acted as the immediate catalyst for the token’s explosive growth.

    Upbit commands over 80% of South Korea’s crypto trading volume and has a storied history of propelling altcoins to new heights.

    At the time of writing, BIO’s trading volume surged 820% in the last 24 hours to $311.55 million.

    This listing builds on BIO’s exchange momentum, following debuts on Binance and Kraken. 

    BIO’s price is currently trading at $0.11, having shattered resistance at $0.09, and its market capitalization now stands at nearly $196 million according to CoinMarketCap’s data.

    Bio Protocol price chart by CoinMarketCap

    However, traders warn of potential pullbacks if broader market corrections materialize, emphasizing the need for sustained adoption beyond hype.

    BIO surges amid major network update

    Adding to the momentum from the Upbit listing is the ongoing cheer of Bio Protocol’s recent news of a major network update.

    The update and its momentum have further energized its community. 

    The update introduces enhancements to Bio Protocol’s staking mechanisms.

    There’s also the integration of BioAgents, or AI-driven research assistants, with these aimed at automating hypothesis generation and experiment tracking. 

    “From AI co-scientists to biotech IP, over 8,000 participants joined the first wave of the new Bio Launchpad projects. These launches tokenized AI co-scientists and biotech IP, enabling communities to fund and own breakthroughs in stem-cell research, men’s health, and brain health. Each project bootstrapped onchain treasuries and liquidity, setting the foundation for incentive-aligned communities around real-world science.”

    While aspects such as network slowdown affect immediate community outlook, Bio Protocol’s ability to bridge biotechnology innovation with decentralized governance is huge for BIO.

    It redefines industry standards, offering investors a unique opportunity to participate in a transformative ecosystem. 

    Stakeholders are advised to monitor upcoming milestones, including the launch of new BioXP rewards and cross-chain developments. 

    The prevailing market conditions may count as potential hindrances to bullish advances.

    But with listings and other initiatives in place, buyers may target highs of $0.43, above which there’s the all-time peak of $0.92 reached in January 2025.

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  • Zcash price drops to $190 amid broader crypto pullback

    Zcash price drops to $190 amid broader crypto pullback

    Zcash Price On Market Chart

    • Zcash price dropped to the $190 support level.
    • Macro headwinds also had Bitcoin falling to below $105,000 to trigger further bleeding across crypto.
    • Analysts remain bullish despite the dip.

    Zcash (ZEC) tumbled to lows of $190, with its double-digit declines reflecting widespread market unease.

    Triggered by macroeconomic pressures, most coins plummeted to key levels, including Bitcoin, which retested the $105,500 area.

    Crypto pullback and Zcash price today

    Zcash, the privacy-focused cryptocurrency launched in 2016, experienced a sharp decline on Friday.

    The token dipped to support around the $190 mark as a broader crypto market retracement ensued to see total market liquidations surpass $1 billion.

    ZEC, one of the outperformers in recent weeks, fell below the key support level of $200.

    Moreover, the price declines are accompanied by rising trading volume to reinforce the profit taking.

    Per CoinMarketCap, the daily trading volume for the privacy-focused coin has jumped 26% to over $742 million.

    Meanwhile, the price has fallen nearly 20% in the same time frame.

    Zcash price chart by CoinMarketCap

    Zcash has climbed 260% over the past month, outperforming nearly all of the top 100 cryptocurrencies by market capitalisation.

    The market-wide pullback reflects broader macroeconomic factors, including renewed tensions in the US-China trade dispute and the ongoing US government shutdown.

    Investors who had recently entered Zcash appear to be taking profits after a strong rally fueled by optimism surrounding its zero-knowledge proof technology.

    Zcash has seen a notable surge in institutional interest in recent weeks.

    Grayscale’s Zcash Trust has been a key driver, with assets under management exceeding $92 million — a signal of rising adoption.

    The trust allows traditional investors to gain exposure to ZEC, one of the leading privacy coins, without the operational complexities of holding the asset directly.

    ZEC price forecast

    Major declines across the market came as investors, spooked by the latest news from US regional banks, exited positions.

    Specifically, reports on Friday indicated that two US regional banks have hit the rocks with bad loans.

    Jitters around banking sector risks saw a sharp dump for bank stocks cascade into futures trading on Wall Street.

    A slip for the S&P 500 and the Nasdaq also sent crypto nosediving.

    But Bitcoin’s drop could allow some capital rotation to revive ZEC price, one analyst pointed out on X.

    Correlation among shielded transactions adoption gives this strength.

    Market analysts point to overbought conditions in the short term.

    A look at the Relative Strength Index (RSI) shows a dip into oversold territory, which means a potential reversal.

    Overall, while the $190 mark signals a key demand zone, the $240 mark represents a crucial hurdle.

    ZEC price reached highs of $295 earlier in the month.



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