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  • Monad (MON) soars 76% as mainnet launch sparks $1.2B trading surge

    Monad (MON) soars 76% as mainnet launch sparks $1.2B trading surge

    Monad price rose to above $0,045 to see MON ranked among top gainers with a 76% spike amid $1.2 billion volume

    • Monad pumped more than 76% in 24 hours to touch a high of $0.045.
    • The layer-1 blockchain’s mainnet went live this week and has an ambitious roadmap for DeFi.
    • MON is listed on top exchanges, including Coinbase and Upbit.

    Monad price has skyrocketed 76% in the past 24 hours, extending gains after the highly anticipated mainnet launch that occurred on November 24, 2025.

    The MON token’s gains saw the cryptocurrency rank among top gainers in the market, with its trading volume having exploded to $1.2 billion to reflect speculative enthusiasm.

    The Layer-1 blockchain platform’s launch brings momentum, such as lending protocols, yield products, and liquid staking products. The memecoin frenzy is another segment to watch.

    Monad pumps 76% amid $1.2 billion volume

    Monad flipped the switch on its public mainnet on Monday, unlocking a cascade of decentralized applications and liquidity pools.

    The token rose sharply, with intraday lows of $0.025 and highs of $0.045. MON price has jumped more than 106% since touching lows of $0.020.

    Per data on CoinMarketCap, a more than 600% spike in daily volume pushed the metric to over $1.2 billion.

    This sees the token rank as one of the biggest movers in terms of market activity on the day. In fact, the pump has seen Monad price outpace many top coins, including Kaspa, Sui, and Ethena.

    Why is Monad price up?

    As noted, what is likely fueling the momentum is Monad’s mainnet launch and DeFi potential.

    In a post on X, the L1 outlined what it sees as a roadmap towards seamless integrations for DeFi growth.

    Lending protocols like Curvance and TownSquare enable users to leverage MON, liquid staking tokens (LSTs), and stablecoins with high loan-to-value ratios and automated looping strategies.

    Yield products such as the MON Vault and the earnAUSD Vault from Upshift offer composable, hands-off returns on stablecoins.

    Meanwhile, liquid staking options further amplify utility, allowing stakers to earn rewards while deploying LSTs in DeFi.

    Monad is also up amid major exchange listings. Market observers attribute the volume spike to this, with speculative fervor and early ecosystem incentives key.

    Among the top centralized exchanges to list MON are Coinbase, Upbit, Bithumb, Kraken, KuCoin, and Bybit.

    MON price forecast

    Despite the potential for profit-taking, there’s a possibility for the token to climb further.

    As well as listings, other bullish catalysts will include ecosystem grants and partnerships. If Monad mirrors growth for projects such as Solana, Hyperliquid, and others, the token’s growth trajectory will tell in immediate gains.

    However, bearish risks are there. It includes the aforementioned profit-taking and regulatory scrutiny.

    If bulls take charge, a breakout above $0.1 could bring the coveted $1 into play. On the flipside, a retreat to lows of $0.25 will embolden sellers.

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  • TEL price soars after Telcoin received final charter approval in Nebraska

    TEL price soars after Telcoin received final charter approval in Nebraska

    • Telcoin has gained Nebraska approval for the first US digital asset bank.
    • Telcoin’s TEL token surged over 95% following the approval.
    • The bank aims to bridge traditional finance with blockchain and DeFi access.

    Telcoin (TEL) price has skyrocketed following a landmark regulatory breakthrough that positions the project at the forefront of the emerging US digital asset banking sector.

    The cryptocurrency, which had already been gaining attention for its remittance-focused infrastructure, experienced a surge of more than 95% after Nebraska regulators granted the company final approval to operate as the first Digital Asset Depository Institution in the United States.

    The approval has created a wave of optimism among investors, signalling a new era where compliant blockchain banking and traditional finance converge.

    Telcoin’s historic charter approval

    The regulatory approval allows Telcoin to operate as a fully chartered US digital asset bank.

    This gives the company the authority to issue eUSD, the first bank-issued, on-chain US dollar stablecoin backed by dollar deposits and short-term treasuries.

    CEO Paul Neuner described the charter as a historic moment, emphasising that it enables the creation of “Digital Cash” for everyday use and connects traditional banking to blockchain-based financial services.

    By bridging crypto and traditional finance, Telcoin is now positioned to reduce regulatory risks while accelerating adoption of its remittance-focused network.

    The charter also opens the door for Telcoin to offer retail and commercial depository services, accept crypto deposits, and provide crypto-backed loans.

    The bank will leverage Federal Reserve payment rails, which enhances liquidity and trust for institutional and retail clients alike.

    Regulatory clarity has been a persistent barrier in the cryptocurrency space, and this approval sets Telcoin apart from other blockchain companies that operate without a depository trust charter.

    Nebraska’s decision demonstrates that compliant blockchain banking is achievable, offering a model that other states may follow.

    Telcoin (TEL) price reaction

    The market responded immediately with the Telcoin (TEL) price jumping from a low of $0.00284 to highs near $0.00689 within hours, before settling around $0.006 across major exchanges.

    Trading volumes also soared to approximately $1.74 million during this period, making Telcoin the top performer among the top 200 cryptocurrencies by market capitalisation.

    The cryptocurrency’s market value now stands at roughly $610 million, reflecting investor confidence in the project’s long-term prospects and its regulatory-backed utility.

    Technical indicators have reinforced the bullish sentiment, seeing that TEL has broken above the $0.0042 resistance level and has sustained momentum above the 200-day moving average, driven by short-covering and FOMO buying.

    Although the RSI has entered overbought territory, signalling strong upward pressure, the MACD confirms the breakout’s momentum.

    Telcoin price analysis
    Telcoin price chart | Source: CoinMarketCap

    Eyes are now on the $0.0067 level, which corresponds to a key Fibonacci extension, as a potential confirmation of a macro trend reversal.

    Telcoin’s growing influence in US banking

    Telcoin’s strategic vision now includes not only issuing the eUSD stablecoin but also enabling the remaining 95% of US banks to integrate blockchain-based financial services.

    The Nebraska Financial Innovation Act of 2021 laid the groundwork for this development, while the recent GENIUS Act approval provides federal guidance for stablecoins and digital assets.

    By creating a compliant bridge between fiat banking and decentralised finance, Telcoin aims to offer practical solutions for both consumers and financial institutions, further distinguishing the TEL cryptocurrency as a utility-driven asset rather than a speculative token.

    By securing regulatory approval, Telcoin strengthens its position as a leading player in this niche, attracting investors who value legal certainty and real-world application.

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  • UNI soars 12% as Uniswap v4’s $200B milestone fuels bullish momentum

    UNI soars 12% as Uniswap v4’s $200B milestone fuels bullish momentum

    UNI soars 12% as Uniswap v4’s $200B milestone fuels bullish momentum

    • Uniswap v4 has surpassed $200 billion in swap volume.
    • The breakthrough has renewed interest in Uniswap.
    • The update coincides with an over 10% increase in native UNI’s price.

    Cryptocurrencies recorded substantial gains on Monday after the United States Senate voted to end the ongoing government shutdown.

    Amidst the broad-based optimism, UNI extended its daily gains by over 12% as Uniswap Labs celebrated a remarkable breakthrough.

    The team protocol took it to X to confirm that Uniswap v4 has handled over $200 billion in swap volume, making it one of the most active networks in the DeFi industry.

    Notably, Uniswap released the version 4 upgrade in January this year to increase efficiency, reduce costs, and enhance developer activity through customized liquidity pools.

    The massive swap volume underscores demand and interest in the past months.

    The announcement coincided with UNI’s recovery.

    Moreover, it has sparked renewed interest in the DEX. The timing is also crucial.

    As the overall cryptocurrency market regains momentum, the $200 billion swap volume reflects Uniswap’s key role in decentralized trading.

    Enthusiasts react to rising activity

    The decentralized exchange sees renewed optimism from DeFi players and retail traders.

    UNI’s surge coincides with increased trading volumes across leading exchanges.

    Coinglass data shows Uniswap’s Open Interest has climbed to $344 million after a sharp rise today.

    Meanwhile, market watchers perceive the $200 billion milestone as a sign of a vibrant chain driven by demand, not only short-term stats.

    The robust swap volume reflects active participation, stable liquidity, and confidence in Uniswap’s future potential.

    One crypto enthusiast and X user:

    “While others talk decentralization, Uniswap quietly becomes the backbone of DeFi. $200B speaks louder than any narrative.

    Why is Uniswap v4 unique?

    Released in January 2025, Uniswap’s v4 upgrade introduced key changes in decentralized trading systems.

    For instance, the version introduces hooks, a mechanism that allows developers to create liquidity pools with custom features.

    That welcomed innovations like automated strategies, dynamic fees, and streamlined user experience.

    V4 has gradually gained traction among liquidity providers and developers since launching.

    Meanwhile, crossing $200 billion in swap volume confirms that the upgrade introduced practical improvements.

    At a time when the decentralized trading space sees intense competition from perpetual DEXs like Hyperliquid and Aster, Uniswap’s growth remains remarkable.

    The $200 billion swap volume signals the protocol’s relevance amid shifting preferences.

    UNI price outlook

    Uniswap’s native token traded in green as the community cheered the $200 billion swap volume.

    UNI climbed from $6.40 to $0.78 in the past 24 hours, a roughly 12% uptick.

    It is trading at $6.90 after correcting from intraday highs, with soaring trading volumes signaling renewed enthusiasm.

    While the swap volume milestone signals a brighter future for UNI, broader sentiments will shape its short-term performance.

    Continued overall market recoveries would extend the alt’s rally, whereas sudden selling pressure might erase the gains.

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  • Starknet (STRK) price soars 30%, but why is the altcoin rising?

    Starknet (STRK) price soars 30%, but why is the altcoin rising?

    Starknet (STRK) price soars 30%

    • Starknet (STRK) price technical breakout signals bullish momentum with new resistance near $0.214.
    • Bitcoin staking and BTCFi incentives drive STRK adoption and network growth.
    • S-Two prover deployment has also boosted throughput, privacy, and decentralisation on Starknet.

    Starknet (STRK) price has surged dramatically in recent days, catching the attention of traders and crypto enthusiasts alike.

    The altcoin has gained more than 30% in just 24 hours, fueled by a combination of technological upgrades, strategic integration with Bitcoin, and renewed market optimism.

    This sudden upswing has sparked questions about what is driving STRK’s momentum and whether the altcoin can sustain its gains in the near term.

    Bitcoin staking boosts STRK utility

    One of the primary drivers behind the rally is Starknet’s BTCFi initiative, which allows Bitcoin (BTC) holders to stake their BTC and earn STRK rewards while maintaining custody.

    The program has already attracted significant capital, with over $200 million staked on the network, including 880 million STRK and 835 BTC, according to the latest reports.

    By tapping into Bitcoin’s massive $2.1 trillion market capitalisation, Starknet positions STRK as a key rewards token and a practical asset for paying network fees.

    The BTCFi ecosystem expansion not only strengthens Starknet’s liquidity but also enhances its cross-chain utility.

    Investors are closely monitoring total value locked (TVL) in Bitcoin staking, which currently sits at around $1.5 billion, to gauge continued adoption and the altcoin’s potential growth.

    The influx of BTC and STRK into the network has bolstered confidence in the protocol’s future, creating a clear catalyst for the recent price surge.

    S-Two Prover accelerates adoption and decentralisation

    Another major factor propelling STRK is the deployment of StarkWare’s next-generation S-two Prover.

    Released on the mainnet a few days ago, this open-source zero-knowledge proof system is designed to increase throughput, reduce verification costs, and strengthen decentralisation.

    By producing validity proofs for every block up to ten times faster than its predecessor, the S-two prover allows real-time verification of off-chain transactions and supports new types of applications, from private DeFi protocols to zk-secured games and verifiable AI.

    S-two is designed to operate efficiently even on consumer hardware, meaning that anyone can participate in the network without relying on centralised data centres.

    This advancement not only improves network security and censorship resistance but also significantly enhances user experience.

    The combination of speed, privacy, and accessibility makes Starknet a more compelling platform for developers and investors alike, contributing directly to bullish sentiment surrounding STRK.

    Market analysts also note that the recent surge is supported by optimism surrounding Starknet’s v0.14.0 upgrade.

    The update introduces distributed sequencers, 6-second blocks, and EIP-1559-style fee burns, all of which improve decentralisation and network efficiency.

    While early migration caused temporary outages, the upgrade underscores Starknet’s commitment to building a secure, scalable Layer 2 ecosystem that can interact with both Ethereum and Bitcoin.

    Technical breakout fuels the STRK price rally

    From a technical perspective, STRK has confirmed a major bullish breakout.

    The altcoin surpassed the 38.2% Fibonacci retracement level at $0.1343 and remains above the 30-day simple moving average of $0.1216.

    Starknet price chart
    Starknet price chart | Source: CoinMarketCap

    Momentum indicators such as the RSI and MACD show strong upward trends, signalling that the altcoin has invalidated much of its previous yearly downtrend.

    With resistance set near $0.214, traders should closely watch whether the current momentum can push STRK to new highs.

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  • Official Trump ($TRUMP) soars 13% as meme issuer eyes Republic acquisition

    Official Trump ($TRUMP) soars 13% as meme issuer eyes Republic acquisition

    Official Trump ($TRUMP) soars 13% as meme issuer eyes Republic acquisition

    • Fight Fight Fight LLC is reportedly planning to purchase Republic’s US operations.
    • The deal might enrich the meme’s utility in payment apps and startup fundraising.
    • $TRUMP traders are enjoying profits amidst the rebound.

    Bearish sentiments gripped the cryptocurrency market today as Bitcoin plunged below $110,000.

    While the 2% decline in global market capitalisation confirms broader weakness, the Official Trump meme token maintained a bullish 24-hour chart.

    The meme crypto extended its weekly gains to over 40% after rallying 13% the previous day.

    $TRUMP continued its rally after news emerged that the company behind the project, Fight Fight Fight LLC, plans to acquire the US operations of a leading crowdfunding and investment platform, Republic.

    The news stirred the digital assets community, propelling the politically charged altcoin over the last 24 hours.

    What started as a satirical token tied to the US president could be evolving into a financial product that experiments with the combination of real-world finance, blockchain fundraising, and politics.

    Notably, Republic offers retail and institutional investors streamlined access to startup fundraising, RWAs, and tokenised investments.

    Integrating Official Trump into Republic’s ecosystem could merge meme crypto enthusiasm and real-world blockchain use cases.

    Imagine investing in a themed token that funds startups, backs innovative ventures, or even supports online payments.

    $TRUMP eyes real-world utility with the Republic deal

    If successful, the strategic acquisition would enable Fight Fight Fight LLC to control Republic’s robust crowdfunding ecosystem.

    The meme coin will possibly leverage Republic’s reputation to gain legitimacy and credibility.

    Such perks can attract more investors and partnerships.

    Republic’s role in fueling blockchain adoption

    Republic has been vital in supporting cryptocurrency’s mainstream acceptance.

    It focuses on inclusive investment models and tokenisation, allowing individuals to own fractions of real-world assets previously restricted to wealthy investors and venture capitalists.

    Now, Fight Fight Fight LLC wants to gain control of Republic’s operations in the United States.

    Besides boosted exposure, the deal could mean access to a regulatory ecosystem, a significant user base, and a bridge between fast-moving meme culture and traditional finance.

    $TRUMP price outlook

    The digital asset is trading at $8.20 after a brief correction from daily peaks.

    Its daily trading volume has increased by more than 35% to $2.6 billion.

    Rising volumes amid bullish price actions signal trader optimism and possibilities of continued rallies.

    $TRUMP has gained over 41% the previous week, and bulls seem ready to push for more.

    Moreover, prevailing whale activity suggests confidence in $TRUMP’s performance.

    For instance, one trader is dominating Hyperliquid and Solana platforms with substantial bets on the meme token.

    According to Lookonchain, this participant spent 5,346 Solana tokens, worth around $1.07 million, to buy 165,401 TRUMP coins on the SOL blockchain.

    He entered at roughly $6.45, and is now cheering approximately $335,000 unrealized profit.

    The same investor deposited $485,669 in USDC into the perp DEX Hyperliquid.

    Here, the player used maximum leverage for a $9.5 million long position.

    As of this writing, the trader sat on roughly $1.18 million in unrealized gains, bringing his total returns to $1.5 million.

    The latest whale activity paints an optimistic picture for Official Trump in the near term.

    Corporate expansion developments and the excitement around the alt as Donald Trump discusses a trade deal with China’s Xi Jinping has formed a mix of momentum and hype.

     

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  • Magic Eden’s ME token soars 35%, reclaims $0.60 amid ‘big week ahead’ hype

    Magic Eden’s ME token soars 35%, reclaims $0.60 amid ‘big week ahead’ hype

    Magic Eden Token

    • Magic Eden price soared more than 35% amid a breakout above the key resistance of $0.50.
    • Trading volume jumped 1,280% to over $129 million to signal buying pressure.
    • “A big week” ahead and other potential catalysts could boost ME bulls.

    Magic Eden’s native token, ME, has experienced a significant price surge in the past 24 hours.

    Prices rose to intraday highs above $0.60 for the first time since the October 11 crash, with bulls’ gains coming amid a retest of a key technical barrier.

    As the altcoins rank among the top gainers in the 500 largest cryptocurrencies by market cap, buyers are likely to hold the crucial level and target a new leg up.

    But what could help ME price in the short term?

    Magic Eden among top gainers as price pumps 35%

    Per CoinMarketCap data, Magic Eden’s ME token is one of the standout performers in the cryptocurrency arena today.

    The token’s 35% uptick in the past 24 hours has come amid a robust trading volume of $129 million – the metric is up 1,280% in the past 24 hours.

    This performance has not only outpaced the broader market but also dwarfed top performers such as Pi Network, Virtuals Protocol and Zcash.

    ZEC hovered around $270 on October 24, but was near $350 at the time of writing.

    On the technical front, ME broke above the critical hurdle at $0.50, reaching intraday highs of $0.60.

    While the altcoin is well off its all-time peak above $13.24, bulls have bounced off the all-time low of $0.23.

    ME could retest $0.55 or $0.50 before seizing on an uptick across the market to target the psychological $1 mark.

    RSI at 60 suggests bulls have more room to aim for gains.

    Magic Eden price chart by TradingView

    What could help Magic Eden price higher?

    Several factors appear to have converged to ignite this pump.

    Notably, the official Magic Eden X account issued a cryptic yet bullish proclamation early this morning: “Big week ahead.”

    This post, which garnered over 300 likes and widespread speculation within the community, hinted at impending announcements or developments that could further bolster the platform’s growth.

    Such communications from project leads often serve as potent catalysts, drawing in retail traders and amplifying social sentiment.

    ME gains also follow the community cheering of the recent acquisition of Dynamic by Fireblocks, which the platforms announced on October 23.

    As a key user of Dynamic’s developer platform, Magic Eden could benefit significantly from this integration.

    Dynamic powers over 50 million on-chain accounts for industry leaders, including Kraken, Ondo Finance, Magic Eden and zerohash.

    Magic Eden’s seamless user onboarding and embedded wallet functionalities for NFT trading across chains.

    The deal merges Fireblocks’ institutional-grade custody with Dynamic’s agile tools, creating what executives describe as the “first complete custody-to-consumer stack” for on-chain finance.

    Overlaying these platform-specific tailwinds is a broader crypto market rebound.

    While gains in October 2025 remain muted as the macroeconomic environment hit risk-on sentiment, Bitcoin’s climb to $116,000 and Ethereum’s break to $4,200 has bulls excited.

    The big week for crypto includes a potential rally ahead of a Federal Reserve rate cut, the impact of the US-China trade deal and SEC approval for exchange-traded funds.

    The macroeconomic lift could spill over to altcoins like Magic Eden.

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  • Dash price soars 35% to $38 as privacy coins rally; analysts eye breakout toward $60

    Dash price soars 35% to $38 as privacy coins rally; analysts eye breakout toward $60

    Dash Price Soars

    • Dash price jumped 35% to above $38, trending near the key resistance zone at $40.
    • Analysts say breakout is possible but key support remains $26 area.
    • DASH gained as privacy coins Zcash and Monero rose to lead the market gainers.

    Dash (DASH) price has surged 35% in the past 24 hours as top privacy coins rally.

    The Dash token’s value topped $38 as of early Thursday, riding overall gains that have seen Zcash lead privacy coins amid a spike to above $150.

    Dash joins the crypto party at a time when bulls are targeting the October uptick that could catapult alts to new highs.

    Dash price jumps 35% to near key level

    As noted, Dash which is currently trading at $36.69,rose as privacy coins showed gains.

    The uptick for ZEC and Monero aided Dash’s impressive 35% leap today. A lot of the upside outlook is down a confluence of this, plus technical and broader macroeconomic catalysts.

    In particular, the reaction on Wall Street as the US government officially shut down and capital rotation into top cryptocurrencies looks to fuel DASH bulls.

    Privacy coin momentum: Dash mirrors ZEC, XMR gains

    The cryptocurrency landscape is currently trending bullish, and one sector witnessing a robust revival is that of privacy coins.

    While top coins see notable traction amid ETF and treasury asset moves, small caps like Dash are taking in inflows as concerns over data privacy and regulatory overreach continue.

    Monero (XMR) and Zcash (ZEC) are top coins in the privacy coins market. Support for ZEC by Grayscale with a Zcash Trust saw the token’s price skyrocket to highs last seen in April 2022.

    Monero, also notching privacy-related momentum, gained over 10%. Dash price is mirroring this as its adoption gains further traction.

    Market data reveals a 15-20% average uptick across the sector in the last month, with transaction volumes of privacy-focused tokens rising significantly year-over-year.

    Dash price chart by CoinMarketCap

    DASH price forecast: Is $60 next target?

    For Dash, the last 24 hours have seen trading volumes across exchanges jump over 385% to over $400 million.  This increase in volume signals potential upside continuation.

    Crypto traders and analysts at Alpha Crypto Signal shared the update below on the DASH price.

    “$DASH has exploded out of its long-standing horizontal channel after months of sideways consolidation,” they posted on X.”DASH had been trapped between 18–26 for almost half the year, building a strong base. The recent surge finally broke through the channel resistance with heavy volume, confirming a bullish breakout.”

    The analysts noted that the key level to watch is the $35-$40 zone, with a breakout above this threshold critical to bulls’ ambitions. Gains to $60 or higher could be next amid broader market movements.

    However, if profit-taking takes hold, the Dash price could dip to support around $26.

    “As long as price holds above the former resistance at 26, the breakout remains valid and buyers stay in control. Another strong showing from the privacy coin sector,” the analysts added.

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  • STRK price soars 7% as Starknet officially starts Bitcoin staking integration

    STRK price soars 7% as Starknet officially starts Bitcoin staking integration

    STRK price soars 7% as Starknet officially starts Bitcoin staking integration

    • The upgrade allows Bitcoiners to participate in Starknet’s consensus.
    • The L2 has reduced the unstaking period to 7 days to enhance flexibility for stakers.
    • STRK has gained more than 2% following the announcement.

    Cryptocurrencies traded cautiously on Monday while bracing for this week’s interest rates decision, poised to shape the markets’ trajectory in the upcoming sessions.

    Bitcoin hovers near $116,000 as Ethereum’s stability above $4,600 fuels altcoin season debates.

    Meanwhile, L2 platform Starknet has finally launched Bitcoin staking.

    The team has briefly paused the staking platform to finalise implementation before its official release in the coming hours.

    The announcement read:

    The BTC staking integration has started! The staking protocol is now paused for a few hours while we implement this massive update.

    With this move, the Ethereum-based Layer2 enables Bitcoin holders to participate in Starknet’s consensus for the first time.

    The L2 focuses on ZK rollups and scalability, and integrating BTC staking reflects its dedication to decentralisation and chain-to-chain partnerships.

    Native STRK turned bullish after the announcement.

    The digital token rallied from $0.1299 low to $0.139 intraday peak.

    That translated to an over 7% increase, demonstrating renewed interest in Starket’s ecosystem.

    Starknet integrates BTC staking

    The announcement highlighted that BTC will account for 25% of Starkent’s consensus power, whereas STRK dominated at 75%.

    That guarantees balances while attracting more stakers.

    Meanwhile, the staking protocol will support several BTC wrappers, including WBTC, tBTC, SolvBTC, and LBTC.

    The community would vote for more options in the future through governance proposals.

    That means the staking model can transform as Starknet’s BTC staking network grows.

    The team has temporarily halted its staking protocol to onboard the upgrade.

    Unstaking period reduced to 7 days

    The upgrade comes with multiple good news.

    One of the most striking adjustments is the substantial reduction of unstaking from 21 days to seven days for STRK and BTC stakers.

    The improved exit time remains paramount for participants who value responsiveness in a fast-paced crypto market.

    Users can react to price fluctuations quickly with a reduced lock period.

    That will likely lead to new money-making opportunities, consequently boosting Starknet’s liquidity.

    Flexible unstaking solves one of the main challenges for stakers.

    Thus, Starkent can expect enriched TVL in the coming times.

    What it means for Starknet and DeFi

    The BTC staking launch could make Starkent a more attractive platform for cross-chain decentralised finance (DeFi) undertakings.

    Notably, the L2 moves to tap into Bitcoin’s staggering liquidity base with plans to channel it into dApps built within the STRK ecosystem.

    DeFi developers can leverage the BTC liquidity to build innovative lending platforms, yield strategies, and derivatives markets.

    While most comments were positive, one X user criticised Starknet’s upgrade.

    He believes that the BTC staking launch renders STRK worthless for holders.

    “So STRK ends up as inflation fuel; printed to pay devs and now to reward wrapped BTC stakers? Where’s the actual value left for STRK holders?

    Nevertheless, Starknet promises to democratise the DeFi landscape by tapping Bitcoin’s robust liquidity.

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  • Somnia (SOMI) price soars post mainnet launch amid numerous partnerships

    Somnia (SOMI) price soars post mainnet launch amid numerous partnerships

    Mantle Price Bullish

    • Somnia is a SoftBank-backed Improbable’s Layer 1 blockchain network.
    • Somnia’s token price is rallying after 10 billion testnet transactions and the mainnet launch.
    • Somnia has partnered with ZNS Connect for .somnia domains and decentralised identity tools.

    Somnia (SOMI) token has seen a dramatic upswing in value, climbing more than 40% in the past 24 hours and marking a significant step for one of the newest entrants in the blockchain space.

    With strong trading volume and multiple partnerships fueling momentum, SoftBank-backed Improbable’s Layer 1 is emerging as a serious contender in the Web3 arena.

    Why is the price of Somnia cryptocurrency rising?

    Somnia (SOMI) is currently trading around $1.60, with a market cap of more than $260 million.

    At its peak, Somnia touched an all-time high of $1.84, only days after hitting an all-time low of $0.38.

    This sharp swing highlights the intense market activity surrounding the project, amplified by trading volumes that surpassed $898 million within 24 hours.

    Somnia’s surge can be traced back to the successful launch of its mainnet six days ago.

    The mainnet launch came after the network processed more than 10 billion testnet transactions, a figure that signalled both the robustness and scalability of its underlying technology.

    The mainnet launch generated strong market confidence, which quickly translated into a rally in SOMI’s value as investors rushed to secure early positions.

    Beyond the technical milestones, Somnia’s partnerships are also proving to be a strong catalyst for price growth.

    The network recently announced its collaboration with ZNS Connect to create decentralised identity solutions.

    Through this partnership, users can mint .somnia domains, deploy smart contracts, and interact directly on-chain.

    Notably, the integration of identity with utility has added a layer of uniqueness that makes the ecosystem more attractive to both developers and users.

    Another crucial boost came from Somnia’s partnership with TheResidncy, a platform that connects sports fans with their favourite athletes through interactive live events.

    In just six sessions, the collaboration attracted over 121,000 unique fans, peaking at 22,000 concurrent participants and recording 245,000 messages and reactions — all processed fully on-chain via Somnia.

    This not only demonstrated the network’s ability to scale under heavy demand but also introduced a compelling real-world use case that resonates with global audiences.

    Somnia price outlook

    With the token’s price climbing more than 300% from its lows and trading activity showing no signs of slowing, the short-term outlook appears bullish.

    The project has successfully combined market excitement with clear utility, which is often a critical factor in sustaining long-term growth.

    However, as with most emerging cryptocurrencies, volatility remains a key consideration.

    The price is just under its record high, and profit-taking could cause sharp swings in the days ahead.

    Nevertheless, the fundamentals — particularly the network’s capacity to handle large-scale activity and its focus on identity-driven Web3 experiences — provide a strong foundation for continued expansion.

    The back-to-back partnerships are also setting it apart in a crowded market.

    If the platform can maintain its momentum and deliver on its roadmap, the SOMI token may continue to attract investor interest well beyond its post-launch rally.

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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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