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  • Numeraire price drops 25% as traders take profits

    Numeraire price drops 25% as traders take profits

    • Numeraire token NMR is down 25% as profit taking increases.
    • The Numerai native token recently exploded amid a $500 million investment by JPMorgan.
    • NMR price could drop to $15 and face resistance around $18.

    As top coins struggle with sell-off pressure, the price of Numeraire (NMR) has pared recent gains as it dropped 25% in the past 24 hours.

    Like the rest of the cryptocurrency market that has witnessed meteoric gains in the past few days, NMR has dumped as traders lock in gains.

    Numeraire price hovered around $16.36 at the time of writing, down as Bitcoin struggled and Ethereum dipped under $4,400.

    The release of PCE inflation data on Friday, which showed prices rose in July compared to June and at highs seen in early 2025, pushed stocks down. Cryptocurrencies were slipping amid this overall outlook.

    Numeraire price falls 25% amid profit-taking

    Numeraire, the ERC-20 token powering Numerai’s AI-driven hedge fund platform, recently shot to highs above $22.80.

    The token’s meteoric rise, which included a 150% spike in a week, benefited largely from news of a $500 million investment from JPMorgan Asset Management.

    The institutional backing doubled Numerai’s assets under management to nearly $1 billion, boosting NMR’s profile and drawing significant trader interest. NMR price pushed from lows of $8.11  to a multi-month high of $22.87 across major exchanges.

    Daily trading volume also peaked as bullish sentiment dominated.

    However, traders keen to lock in profits have contributed to a 25% price drop, with sellers eyeing more below the $16 level. Notably, the reversal has coincided with a 64% decline in trading volume, now at $340 million.

    This is positive for the token as selling pressure isn’t elevated, but also signals reduced market participation from buy the dip players.

    What’s next for Numeraire price?

    With NMR now trading at $16.36, technical indicators suggest a bearish setup that could lead to further declines.

    The token has broken below the $18.60 upper Bollinger Band, and the Relative Strength Index (RSI) below the neutral line indicates  weakening momentum.

    On the daily chart, NMR faces immediate support at $15, a level where the recent breakout candle formed.

    If this support fails, the next key level is $14.57, with a deeper drop potentially testing $10.50, as forecasted by some analysts for September 2025.

    Resistance is now at $18, with a stronger barrier at $20, a psychological level that aligns with late 2024 highs.

    A break above $18 could signal a reversal, but the current bearish trend, coupled with declining volume, suggests caution.

    The broader market sentiment and Numerai’s ability to leverage JPMorgan’s investment for sustained growth will be critical.

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  • XRP price stalls under $3.00 as investor activity slows

    XRP price stalls under $3.00 as investor activity slows

    XRP price stalls under $3.00 as investor activity slows

    • The coin has failed to break past $3.00 for two consecutive weeks.
    • Capital outflows are outweighing inflows, weakening momentum.
    • A drop to $2.74 is likely if selling continues.

    XRP is struggling to break through the $3.00 mark, with repeated attempts over the past two weeks falling short. The altcoin has been unable to sustain momentum, weighed down by weak investor support and shrinking inflows.

    At the time of writing, XRP trades at $2.87, remaining below the $2.95 resistance zone. Market data shows reduced activity from both new and existing participants, leaving the cryptocurrency in a consolidation phase.
    XRP price
    Source: CoinMarketCap

    With capital outflows overwhelming inflows, XRP’s price trend continues to depend heavily on investor sentiment and whether demand can rebound in the short term.

    New addresses drop to two-month low

    Network metrics highlight a key reason behind XRP’s stagnation. The number of new addresses created, tracked by first-time transactions, has dropped near a two-month low.

    This decline indicates falling interest from fresh participants, limiting the inflow of new capital into the network.

    Without new investors joining, XRP faces reduced demand pressure, making it harder to generate the buying volume needed for a sustained rally.

    Existing holders have not provided enough momentum either, resulting in weaker overall support for the asset.

    Capital outflows weigh on XRP

    Broader capital trends underline the same weakness. The Chaikin Money Flow (CMF), which monitors inflows and outflows of capital, has fallen to a nine-month low.

    This signals that selling activity is exceeding buying interest, a bearish indication for XRP’s short-term performance.

    The shrinking capital pool highlights how outflows are amplifying the recent downtrend.

    With reduced liquidity entering the market, XRP has struggled to establish firm support levels, leaving it vulnerable to further price drops.

    Over the past fortnight, the coin has failed to hold gains above $2.95, signalling that sellers remain dominant. The weakness in volume reflects the lack of confidence that has plagued XRP’s attempts to stage a breakout since mid-August.

    Trading patterns show limited upside moves being sold off quickly, reinforcing the difficulty of sustaining momentum and deepening investor caution.

    Market watchers note that persistent selling pressure could delay any meaningful recovery attempts for weeks.

    XRP price trend remains under pressure

    Currently, XRP remains capped below the $2.95 resistance level. A continued lack of buying activity could push the price down toward $2.74, where consolidation is more likely.

    On the other hand, if sentiment shifts and XRP reclaims $2.95 as support, it could attempt to retest higher thresholds.

    Breaking past $3.07 and later $3.12 would provide confirmation of renewed bullish momentum, invalidating the present bearish thesis.

    The coming sessions will be critical in determining whether investor confidence returns to provide the inflows needed for XRP to move past $3.00, or if the coin continues to trade under pressure from weak demand.

    The data on addresses and capital flows suggests that until stronger participation emerges, XRP’s price will remain constrained within its current range.

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  • SOL price gains momentum as DeFi Dev Corp adds $77M in Solana to treasury

    SOL price gains momentum as DeFi Dev Corp adds $77M in Solana to treasury

    • The company has acquired 407,247 SOL tokens in its latest purchase.
    • DeFi Dev Corp. now holds Solana worth around $371M, 1.83 million coins.
    • On-chain indicators support SOL’s upside trajectory.

    The first Nasdaq-listed firm with a Solana-centric treasury strategy is once again in the spotlight.

    According to the latest press release, DeFi Development Corp. disclosed the purchase of 407,247 SOL assets valued at approximately $77 million.

    The recent accumulation increased the company’s total SOL holdings to 1,831,011 tokens, worth around $371 million.

    Notably, DeFi Dev Corp. utilized the latest fundraising to fund the purchase, and still holds more than $40 million for more Solana buys and supporting treasury operations.

    The bold bet signals the firm’s conviction in Solana’s growth trajectory.

    Solana price displays optimistic performance amid these developments, with on-chain metrics supporting DeFi Dec Corp’s accumulation strategy.

    Long-term holding and staking plans

    DeFi Development Corp. made it clear that it is not after short-term gains.

    The firm confirmed that it will hold the newly purchased Solana long-term and stake the assets across different validators.

    The announcement stated:

    The newly acquired SOL will be held long-term and staked to a variety of validators, including DeFi Dev Corp’s own Solana validators to generate native yield.

    The staking strategy enables the firm to generate native yield while ensuring the security and health of Solana’s blockchain.

    Further, the approach means additional earning opportunities for shareholders as it combines staking incentives and SOL price growth.

    What does it mean for Solana?

    Solana has dominated crypto trends over the past months, with increased adoption in payments, meme coins, DeFi, and NFTs.

    Its scalability and speed have made it a perfect alternative for institutions and developers.

    DeFi Dev Corp’s Solana holdings reflect how markets are increasingly viewing Solana as an asset with potential beyond speculation.

    Furthermore, endorsement by a Nasdaq-listed company legitimizes the altcoin, making it attractive for institutions seeking crypto exposure.

    Solana bullish outlook

    These developments come as the native token traded in the green region.

    SOL gained more than 15% the previous week to $211.

    Bullish sentiments fuel the chain, especially as the community votes for the Alpenglow proposal.

    The proposal seeks to reduce block finality to 150 milliseconds from 12.8 seconds.

    That will turbocharge the blockchain by supporting thousands of transactions per second while ensuring near-zero transaction charges.

    That makes the Ethereum twelve-minute finality glacial.

    Simply, the second-largest blockchain takes minutes to finalize transactions. In Solana, it is instant.

    These narratives echo analysts, who are predicting massive gains for SOL.

    For example, Ali Martinez mapped Solana’s path to $300 in the near-term.

    That would mean a rally of over 40% from the current market price.

    Moreover, prevailing institutional interest sets the stage for significant long-term rallies.

    Proponents believe Solana has what it takes to skyrocket to $1,000 in a full-blown bull market.

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  • Hyperliquid price forecast as HYPE sees pullback after hitting all-time high

    Hyperliquid price forecast as HYPE sees pullback after hitting all-time high

    Hyperliquid Price

    • Hyperliquid price jumped to a new all-time high above $51.
    • The token broke higher as HYPE bulls held above a major ascending trendline.
    • While price is down 4% from the ATH and hovers near 48, analysts predict further gains.

    Hyperliquid (HYPE) stood out among top cryptocurrency performers this week as the native token of the high-performance layer-1 blockchain rose to a new all-time high above $51.

    But can bulls hold prices above a key trendline and enter price discovery?

    Hyperliquid pares gains after bulls reach new ATH

    HYPE has been on a tear, climbing to an all-time high of $51.07 on August 27, 2025, fueled by a slight crypto market bounce that saw Bitcoin flip to above $113k from under $110k.

    The gains came as stocks edged higher ahead of Nvidia earnings, and then futures surged after the AI chip giant posted a revenue beat.

    With weekly gains exceeding 18%, Hyperliquid outpaced many top cryptocurrencies and stormed to its new ATH.

    Having captured the crypto market’s attention with spot volumes hitting daily peaks above $3.5 billion, HYPE token’s price jumped more than 17% in the past week.

    This saw the 16th-ranked altcoin hit highs of $51 across major exchanges.

    CoinGecko data shows the altcoin’s price managed a 1,174% rally from its all-time low of $3.81 reached in November 2024.

    Whales are aggressively buying HYPE.

    On-chain activity, with Hyperliquid’s decentralised exchange recording new highs in daily trading volume and fees, helped bulls.

    Institutional adoption, highlighted by spot exchange-traded fund anticipation and support by BitGo and Anchorage Digital Bank, has been a key catalyst.

    Hyperliquid price forecast: Is $100 next for HYPE?

    The broader crypto market bounce, with Cronos (CRO) jumping on Trump Media news, also helped HYPE drive higher.

    Analysts now say Hyperliquid price could extend gains in the coming months, with bulls likely to see triple-digit moves as they eye $100 and higher.

    However, HYPE has pulled back slightly, with profit-taking currently seeing the token hover above $48.

    Despite the pullback, market sentiment remains optimistic, supported by Hyperliquid’s dominance in the decentralised perpetuals market.

    HYPE chart by TradingView

    The daily chart above shows the technical outlook for HYPE is largely bullish as the token holds above a key ascending trendline.

    It signals sustained buyer demand, with the Relative Strength Index (RSI) above 57 to suggest that momentum favours the bulls.

    The daily MACD also shows a bullish crossover, with the histogram’s green bars strengthening.

    If HYPE regains upside traction, analysts believe it could enter price discovery mode, potentially targeting $100 in the coming months.

    As noted, a broader market downturn could push HYPE toward support levels, with demand reload zones around $42 and then $30.

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  • Synthetix price soars 20% amid volume spike: here’s why

    Synthetix price soars 20% amid volume spike: here’s why

    • Synthetix’s native token SNX spiked more than 20% in 24 hours to hit $0.79.
    • Daily volume rocketed 700% to over $147 million, with Synthetix benefiting from a broader crypto bounce.
    • The Synthetix network’s move to launch its perps DEX on the Ethereum mainnet has helped SNX price.

    Synthetix (SNX), a decentralized futures protocol with trading support on Ethereum, has seen its price surge by 20% within the last 24 hours as Bitcoin leads a minor bounce for the crypto market.

    The SNX token, which has climbed alongside notable gains for Ethereum, Solana and XRP, hit intraday highs of $0.79.

    Price gains for the altcoin happened alongside a significant jump in daily volume, with bulls attempting to break above a level that has previously constrained upside momentum around $0.80.

    Synthetix (SNX) pops 20% in 24 hours – here’s why

    The crypto market, still reeling from recent losses, is showing early signs of recovery as buyers attempt to regain control.

    Bitcoin has reclaimed the $110,000 mark after a sharp dip, while Ethereum has climbed back above $4,560, holding steady despite broader risk asset pressure.

    Solana has broken past $204, and XRP is eyeing the $3.70 level, both reflecting improved sentiment.

    Within this backdrop, Synthetix has surged 20%, standing out as one of the stronger performers.

    The rally comes as decentralised finance tokens show renewed strength, aided by Synthetix’s recent launch of the first perpetual exchange on the Ethereum mainnet—a development seen as a key catalyst for the token’s momentum over the past week.

    In the period, SNX price has jumped by double digits, helped by the rollout of pre-deposits and a chance for traders to get on the Synthetix mainnet alpha whitelist.

    The launch of SLP vault, a liquidity pool offering access to liquidity across all perp markets and an opportunity to rank among the first to earn SNX points, has driven a lot of the market activity for Synthetix.

    Network support for gasless trading is also a huge move for the perps DEX.

    SNX price forecast

    While SNX price hovers at $0.79 and eyes gains towards $1, the altcoin remains well off its all-time peak of $28.53 reached in 2021.

    Synthetix has also struggled since rejecting the December 2024 peak of $3.40.

    Despite this largely negative trend, analysts are seeing a short-term bullish flip for Synthetix’s price.

    If SNX successfully takes out the resistance at $0.80 and $0.85, bulls could eye the $1 mark.

    Synthetix chart by TradingView

    Technical indicators on the daily chart support this outlook. The Relative Strength Index (RSI) is at 57, signalling potential for continuation.

    Meanwhile, the Moving Average Convergence Divergence (MACD) is signalling a strengthening of upward momentum after a bullish crossover.

    However, volatility remains a concern, and the $0.60 zone could offer support if bears pick up the advantage.

    Traders taking profit or whale activity taking hold will be a key watch in the coming days for Synthetix, particularly after its 20% surge.

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  • Litecoin price forecast: what next as LTC drops to key support?

    Litecoin price forecast: what next as LTC drops to key support?

    Litecoin Price Bulls Vs Bear

    • Litecoin trades near $112, just in the green on the day but at risk of fresh losses.
    • The LTC price hovers at key support level as bulls attempt to hold bears off.
    • Bullish crypto market and catalysts such as spot Litecoin exchange-traded funds could help LTC go higher.

    Litecoin (LTC) is trading at $112, about 2% up in the last 24 hours, but in the red over the past week and month time frames.

    Meanwhile, the 24-hour trading volume of $694 million is more than 22% down on the previous day as top altcoins look to bounce.

    As LTC price drops towards the $110 level, can bulls hold onto gains or is the altcoin poised for a revisit of the psychological $100 mark and lower?

    Litecoin price forecast: Is LTC set for a revisit of $90 next?

    Litecoin price has broken below the middle line of an ascending channel pattern. Price at $112 suggests a broader crypto pullback could accelerate LTC’s dip to support at $100 and possibly to $90.

    The technical indicators on the daily chart support a likely flip lower, with RSI and MACD giving sellers the upper hand.

    Litecoin Price
    Litecoin chart by TradingView

    Open Interest has also dropped slightly, down to $994 million from the record highs of $1.27 billion hit recently as LTC spiked.  OI in Litecoin futures does notably remain higher than the lows of $800 million seen in early August.

    A break above $120 could thus allow bulls to test the upper channel barrier near $140 and aim for the psychological $200 mark.

    While the Moving Average Convergence Divergence (MACD) indicator shows a bearish crossover from mid-August and prints red histogram bars, a mixed setup has other indicators signaling potential resilience.

    For instance, the Relative Strength Index (RSI) on the daily chart sits at 46, but is upsloping to suggest buyers could keep off a fresh dip towards the oversold territory.

    If RSI pops above the neutral point of 50 and market conditions align, LTC could see the above scenario play out.

    What could help Litecoin price higher?

    Network growth, including a significant hashrate spike, suggests confidence in the proof-of-work coin.

    This and market sentiment point to a scenario where bulls ride the overall crypto uptick in the coming months to drive higher.

    The upcoming approval of spot ETFs, with Litecoin among those with notable high odds of a nod, add to this outlook.

    In this case, the SEC’s October 2025 decisions on spot Litecoin ETFs from Grayscale, Bitwise, and CoinShares, which carry a 90% approval probability, per Bloomberg analysts, could be huge catalysts.

    Experts say a SEC approval for LTC spot ETFs could drive institutional inflows of up to $500 million in Litecoin at launch, printing the trajectory that saw Bitcoin’s price rally to new highs in early 2024.

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  • Numeraire price jumps 40% as JPMorgan commits $500m to Numerai

    Numeraire price jumps 40% as JPMorgan commits $500m to Numerai

    • Numeraire price is up 40% to near $12.40 after JPMorgan secured $500 million capacity in Numerai.
    • The NMR token jumped to highs last seen in February.
    • JPMorgan’s move sees Numerai more than double its size.

    Numeraire (NMR), the native token of the San Francisco-based crypto hedge fund Numerai, has surged more than 40% in the past 24 hours after JPMorgan announced investment in the hedge fund.

    On Aug. 26, the Numerai team announced that JPMorgan has secured $500 million in capacity in Numerai, triggering the sharp price surge. Gains outpaced Cronos (CRO), which spiked after Trump Media announced a partnership with Crypto.com.

    As NMR price broke to near $12.40, Numeraire’s daily volume jumped more than 800% to over $115 million. The token’s price reached its highest price since February.

    NMR price chart by CoinMarketCap

    JPMorgan secures $500 million capacity in Numerai hedge fund

    As the intersection between artificial intelligence and decentralised finance grows, the crypto sector has become a magnet for top collaborations.

    Numerai, the San Francisco-based hedge fund built by data scientists, is one of those in the ascendancy.

    On Tuesday, the platform revealed that it had secured a $500 million commitment from JPMorgan Asset Management, with this coming after Numerai saw its assets grow from $60 million to $450 million.

    The $500 million allocation follows Numerai’s exceptional performance in 2024, delivering a 25.45% net return with a Sharpe ratio of 2.75.

    As highlighted in Numerai’s blog, investment from JPMorgan, one of the largest allocators to quantitative strategies globally, signals Wall Street’s growing confidence in AI-powered financial models.

    The Paul Tudor Jones-backed hedge fund is set to see its assets under management more than double after this move.

    A rebound that caught Wall Street’s attention

    Numerai’s path has not been without setbacks. The firm lost 17% in 2023, echoing the struggles of other experimental quant platforms such as Quantopian, which shut down in 2020 after failing to deliver sustainable returns.

    However, Numerai rebounded with a 25% gain in 2024 and has strung together 15 consecutive months of positive performance.

    That turnaround drew the attention of institutional investors. “People don’t really want to invest until there’s a track record,” founder Richard Craib said in a Bloomberg report. “And when you’re doing something super unusual and different, like we are, they might wait even longer before they get excited.”

    So far in 2025, Numerai’s flagship fund, Numerai One, is estimated to be up about 6% net of fees, compared to a 7% return for an index of quant equity market-neutral funds tracked by Aurum.

    The fund has delivered gains in all but one year since inception, including a 20% rally in 2022 when broader markets slumped.

    Big news for NMR?

    Numerai, founded in 2019, operates a unique crowdsourced hedge fund model that leverages AI and data science.

    On the platform, global data scientists can submit stock market predictions through an API and stake NMR tokens to back their models. Successful predictions earn rewards, while incorrect ones result in token burns, creating a dynamic incentive structure.

    Additionally, Numerai has recently announced a repurchase of $1 million in NMR, a move that has the data science community excited.

    The JPMorgan partnership not only validates Numerai’s vision but also highlights the potential for Numeraire in the crypto-AI sector.

    With the hedge fund looking to scale its team and operations, the investor attention on NMR will likely be huge, particularly following this move by JPMorgan.

    NMR price reached highs above $93 in May 2021 and  $25.80 in December 2024.

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  • Ontology price skyrockets 55% to hit six-month high

    Ontology price skyrockets 55% to hit six-month high

    • Ontology price rose more than 50% to lead the top gainers across crypto.
    • The altcoin gained as Bitcoin and Ethereum dropped, with the ONT price hitting a six-month high.
    • ONT could retreat amid profit-taking.

    Ontology has defied broader crypto dumping to skyrocket more than 55% to highs near $0.22, hitting its highest level in six months.

    The uptick for Ontology (ONT) comes as the cryptocurrency market witnesses a significant uptick in sell-off pressure, with Bitcoin dropping to under $112k and Ethereum giving up gains after a new all-time high.

    But as these top headline makers struggle, ONT is grabbing most attention amid its 55% price surge.

    Ontology price spikes 55% to 6-month high

    Ontology (ONT) has seen a remarkable 55% price surge, reaching an intraday peak of near $0.22, its highest level in six months.

    The altcoin traded at lows of $0.13 in the morning session, but marched higher to reach levels seen at the start of February 2025.

    With trading volume soaring by over 4,600% to more than $337 million, Ontology price stands out as one of the outperformers on the day.

    As BTC and ETH pare gains, Ontology’s 24-hour gains come amid heightened activity around the decentralised identity protocol’s native token.

    Mainstream adoption of artificial intelligence and blockchain has Ontology’s infrastructure for decentralised identity and data privacy, drawing significant interest.

    The project’s focus on regulatory compliance for digital identity solutions and blockchain interoperability is a key cog in its adoption curve.

    Analysts predict ONT could benefit from this outlook to target more gains.

    Ontology price forecast: What’s the technical picture?

    The price of Ontology breaking out as the rest of the market fights to hold onto recent gains suggests holders may have to deal with incoming downside pressure.

    ONT going vertical will welcome a pullback, likely to a demand reload zone.

    However, open interest in ONT has increased by over 617% to nearly $60 million.

    This indicates trader confidence and speculative interest amid the token’s upward trajectory.

    Ontology’s price outlook as open interest rises, combined with high trading volumes, suggests a potential bullish continuation.

    Ontology Price Chart
    ONT price chart by TradingView

    From a technical perspective, ONT is trading Relative Strength Index (RSI) on the daily chart at 81.

    RSI at these levels shows the asset firmly in the overbought territory and thus leaning toward a reversal.

    The Moving Average Convergence Divergence (MACD), however, shows a bullish crossover, indicating bulls have the upper hand and that a sustained rally may yet unfold if a retest allows buyers to establish a footing at key support levels.

    On the daily chart, these areas lie around $0.20 and $0.17.

    On the flipside, a break above $0.27 will allow buyers to aim for $0.40.

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  • INJ price eyes $20 as Republic expands RWA with Injective

    INJ price eyes $20 as Republic expands RWA with Injective

    Injective Bulls Take On Bears

    • Injective (INJ) price outlook as Republic expands RWA integration with Injective.
    • The INJ token trades around $13.38 after dipping from highs of $16 amid crypto sell-off.
    • ETF anticipation, tokenization growth and other catalysts may help INJ bulls.

    Injective price hovers around $13.38 on Thursday evening, about 3% down in the past 24 hours and over 12% down in the past week, but could Injective’s integration with Republic help INJ price bounce to $20?

    Over the past week, Injective has dipped from highs of $16, with sell-off pressure across the market adding to the declines.

    This is despite the finance-focused layer 1 blockchain’s notable milestones across the ecosystem.

    Now with Republic, a leading tokenized investments platform, bulls may fancy higher marks if markets flip bullish.

    Injective integrates with Republic

    While the crypto market bleeds, platforms are taking time to build.

    Integrations are among the critical elements, and Injective has added to this with its official integration with Republic.

    The platforms announced the collaboration on Aug. 21 and aim to bring Injective’s Layer 1 ecosystem into Republic’s on-chain investment infrastructure.

    Specifically, the goal is to enable Injective-based projects to fundraise via Republic’s Launchpad, utilize Republic Wallet for asset management, and benefit from Republic’s validator support.

    Why is this integration notable?

    Republic and Injective are building on an earlier collaboration that saw Republic become an INJ validator.

    However, and notably, the integration is a step forward in expanding private markets on-chain.

    “With 3 million+ community members across 150+ countries and a portfolio that includes 27 unicorns such as SpaceX, Robinhood, Carta, and Dapper Labs, Republic’s integration with Injective represents a pivotal moment in bridging traditional finance with onchain innovation,” Injective wrote.

    INJ price outlook: Can bulls reclaim $30?

    The technical outlook for INJ is leaning bearish in the short term, with RSI and MACD both handing bears the upper hand.

    Currently trading near $13 means the Injective price is closer to the lows of $6.90 seen in April 2025 than the recent peak of $34 hit in December 2024.

    The sell-off that has hit Bitcoin and altcoins does not help bulls.

    Injective price chart from CoinMarketCap

    However, if sentiment flips, a breakout to $20 could allow bulls to target the $30 level.

    Other than the Republic integration, other significant upward drivers will be overall institutional interest and demand amid tokenization and real-world assets.

    Injective’s quest to dominate with new financial primitives designed to expand its DeFi capabilities, and the Nvidia GPU derivatives market add to the positives.

    Also bullish for Injective price is anticipation around ETF filings and expected approvals and whale accumulation will be key.

    Bulls nonetheless need to hold above $13 and potentially $10 so as not to hand greater initiative to bears.

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  • Morpho price jumps 12% to lead market gainers

    Morpho price jumps 12% to lead market gainers

    • Morpho price rose 12% to hit a six-month high of $2.38.
    • Ecosystem developments and market sentiment has helped MORPHO up.
    • Bulls could target the peak of $4.17 reached in January.

    Morpho (MORPHO), native to the decentralized lending protocol, has climbed more than 12% in the past 24 hours to emerge as one of the top gainers in the crypto market.

    The uptick has pushed MORPHO to price levels seen in early March, with daily volume rising as key network developments catalyze bullish movement. MORPHO traded to highs of $2.38 and its market cap reached over $773 million..

    Morpho surges to 6-month high

    The MORPHO token has reached its highest value in six months, with bulls strengthening since hitting lows of $0.85 in April. Morpho price hovered around $2.38 and the zone in early March.

    With buyers pushing higher after a period of consolidation, MORPHO has struck upward momentum amid heightened market interest.

    Largely, traders see the token’s strong fundamentals and the protocol’s innovative approach to lending as a bullish factor.

    Morpho price chart by CoinMarketCap

    After hitting lows of $0.7 in November, MORPHO has jumped over 230% to its current levels. Gains also put the altcoin about 44% of its all-time peak of $4.17 reached in January 2025.

    The token’s performance, which comes amid a 47% spike in daily volume, has MORPHO outpacing most top gainers on the day.

    Key ecosystem developments buoy MORPHO price

    Several recent developments within the Morpho ecosystem are believed to be the catalysts behind this price jump.

    Centrifuge, a platform specializing in real-world asset (RWA) tokenization, has announced key integrations with Coinbase, Aerodrome Finance and Bitget among others. This integration, announced on Aug. 20, 2025, will also offer collateral support for Morpho.

    According to Morpho Labs, the move allows the protocol to expand its offerings by incorporating decentralized RWA tokens, enhancing its lending capabilities and attracting new users.

    MORPHO also surged after industry players launched Ascend.

    Why is this important?

    Centrifuge’s announcement emphasized the potential for Morpho to unlock liquidity for tokenized assets, a move that has sparked optimism among investors.

    Additionally, Gauntlet, a risk management firm, shared insights about Morpho’s updated risk parameters, which were refined to optimize lending efficiency.

    The confluence of these technical enhancements, partnerships and integrations are creating a positive narrative for MORPHO.

    Price is likely to jump higher as retail and institutional holders bid to increase their stakes.

    As the DeFi sector continues to evolve, Morpho’s ability to leverage RWA integration and robust risk management could solidify its position as a key player.

    For now, the 12% price jump serves as a testament to the project’s resilience and potential, drawing significant attention in today’s market.

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