Tag: surges

  • NEAR protocol price surges as AI Tokens jump on Nvidia’s $5 Billion intel bet

    NEAR protocol price surges as AI Tokens jump on Nvidia’s $5 Billion intel bet

    NEAR Surges Amid Nvidia Deal

    • NEAR jumps 11% to $2.98 as Nvidia’s $5B Intel stake sparks AI crypto rally.
    • AI tokens surge with NEAR, TAO, Render and The Graph gaining on chip deal optimism.
    • NEAR eyes $3.6–$4 breakout as AI adoption and bullish charts fuel momentum.

    NEAR Protocol price jumped more than 11% in 24 hours to hit $2.98 amid a broader rally in AI-linked cryptocurrencies.

    The AI token’s uptick aligned with momentum that stemmed from Nvidia’s strategic $5 billion investment in Intel, with Bittensor, Render and The Graph among the top crypto AI gainers.

    Tokens like Aster jumped 500% on Thursday.

    NEAR price retests $2.98 as Nvidia news boosts AI tokens

    NEAR Protocol’s token experienced a sharp uptick, retesting the $2.98 resistance level with an 11% pump.

    This came after the cryptocurrency traded to lows of $2.70 earlier in the week, and the surge aligns with the overall crypto bounce and Nvidia’s announcement of a $5 billion equity stake in Intel.

    This deal, which includes collaborative development of AI-optimized PC and data center chips.

    It’s a move that points to Nvidia’s push to fortify US semiconductor capabilities amid global supply chain tensions.

    The investment arrives at a pivotal moment for Intel, following a $9 billion US government stake via the CHIPS Act and a $2 billion infusion from SoftBank, bolstering Intel’s balance sheet and foundry ambitions without immediate reliance on Nvidia’s manufacturing needs.

    AI tokens surge

    For the AI crypto ecosystem, this move amplifies optimism as the partnership signals the AI chipmaker’s potential to “innovate for customers” as it grows its business.

    NEAR, designed as an AI-native blockchain with sharding technology enabling up to 100,000 transactions per second, stands to benefit if momentum catalyzes price gains.

    The protocol’s Nightshade consensus and tools like Near Tasks for AI agents resonate with Nvidia’s ecosystem, and key integrations may see the altcoin explode further.

    Today’s Nvidia-fueled pump has similarly lifted the AI token sector: TAO climbed 7.7%,RENDER 8%, and The Graph (GRT) 5.9%, per CoinMarketCap data.

    Broader market tailwinds, including Bitcoin’s recovery to above $117,600, have added an uplift to the upswing.

    NEAR’s market cap moved back above $3.7 billion to rank 34th among top cryptocurrencies.

    What’s next for NEAR price?

    NEAR’s trajectory hinges on sustained AI momentum and technical breakouts targeting $3.6.

    Both the RSI and MACD on the daily chart support upside continuation.

    A look at the chart also shows a potential triangle pattern breakout.

    NEAR price chart by TradingView

    While downturn risks include macroeconomic headwinds, such as potential US regulatory scrutiny on AI chips or broader crypto volatility, NEAR has the potential to see levels above $4 in coming weeks.

    The project’s protocol upgrades and global AI adoption trends could allow bulls to target highs of $8.

    On the flip side, primary support could be around $2.62.

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  • CAKE price surges as PancakeSwap adds BTC & ETH predictions

    CAKE price surges as PancakeSwap adds BTC & ETH predictions

    PancakeSwap Price

    • PancakeSwap price jumped 6% to above $2.66 before slightly paring gains.
    • CAKE price has surged following the launch of BTC and ETH predictions.
    • A technical breakout and broader market sentiment suggest CAKE is on course for fresh gains.

    Decentralised exchange protocol PancakeSwap has seen its token CAKE surge amid increased volume as the DEX benefits from integration of Bitcoin and Ethereum into its Predictions Markets platform.

    CAKE price reached highs of $2.75 as trading volume rose 185% to over $129 million.

    PancakeSwap price rises as BTC & ETH predictions go live

    PancakeSwap’s token CAKE rose after the DEX platform officially launched its highly anticipated BTC and ETH Predictions feature on BNB Chain.

    According to details in a blog post, this move allows users to engage in price prediction markets for the two largest cryptocurrencies by market capitalisation.

    This is available directly from within the PancakeSwap platform’s ecosystem.

    The feature enables participants to forecast whether the prices of these assets will rise or fall over specified time frames.

    Participation typically ranges from minutes to hours, thus adding a layer of speculative excitement to the DeFi space.

    PancakeSwap’s predictions mechanism operates on a binary outcome model, where users stake CAKE tokens on their predictions.

    Successful forecasters earn rewards from the collective pool, while incorrect bets result in losses to the same pot, ensuring a balanced and engaging marketplace.

    This integration builds on PancakeSwap’s existing prediction tools, which previously focused on BNB Chain-native assets, but now extend to major cross-chain heavyweights like Bitcoin and Ethereum.

    As BTC and ETH “go live” on Predictions, PancakeSwap has reported a sharp uptick in platform activity.

    Trading volumes for prediction markets have seen a notable spike, while total value locked has increased to over $2.42 billion.

    CAKE is benefiting from the enhanced liquidity and interoperability, as well as broader market gains.

    CAKE price signals major rally

    In the three days following the BTC and ETH predictions launch, CAKE price saw a decent surge to $2.66.

    However, bulls failed to hold onto gains, and prices dropped to $2.43 before widespread gains across cryptocurrencies helped the PancakeSwap price rally.

    PancakeSwap price chart by TradingView

    The token’s utility in predictions, where CAKE is the primary staking asset, has contributed to the past 24 hours of price uptick.

    A look at the technical indicators, including the Relative Strength Index (RSI), give buyers an upper hand.

    The MACD is also hinting at a bullish and broader market sentiment is positive.

    In this case, bulls will target December 2024 highs of $4.20.

    However, if bears stand strong, they could aim for the key support area around $1.60.

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  • Ondo surges as RWA growth fuels price rally

    Ondo surges as RWA growth fuels price rally

    Ondo Finance Price

    • Ondo (ONDO) price hovered above $1.00 as bulls looked to break from a downtrend.
    • The real-world asset tokenization platform’s traction and milestones in total value locked have aligned with gains.
    • Ondo Finance is one of the leading RWA platforms in the market.

    With ONDO trading to an intraday high above $1.13 with a 5.8% gain over the past 24 hours, buying pressure may see bulls target a breakout above $1.2 and aim for $2.00.

    This outlook and surge coincides with Ondo Finance’s TVL soaring to over $1.5 billion as the RWA market rallies..

    Ondo TVL hits $1.5 billion amid RWA traction

    The Ondo token jumped to $1.13 on Friday, with gains taking it to its highest level in over a month.

    Ondo bulls have rallied 16% in the past week, cutting monthly losses and allowing for a potential technical breakout after breaking its downtrend.

    Per DeFiLlama, this has come as Ondo Finance’s TVL rose, and it crossed the $1.5 billion mark to reach highs of $1.57 billion.

    The protocol’s accelerating role in the RWA sector has helped this outlook, with Ondo’s tokenized products key to the growth.

    Surging demand for Ondo’s flagship products, such as OUSG, a tokenized short-term US Treasury fund, and USDY, a yield-bearing stablecoin, are the main drivers.

    Upside for RWA tokens has elevated the market cap for these assets to over $75 billion, while adoption of tokenized assets has pushed RWA onchain value to more than $29 billion.

    According to RWA.xyz, Ondo’s OUSG and USDY account for about $1.4 billion, with $729 million and $657 million in the two assets respectively.

    Ondo’s TVL achievement and RWA traction aligns with a surge in demand for tokenized asset investment opportunities across Wall Street.

    Ondo price targets $2 amid potential technical breakout

    The TVL surge has ignited bullish sentiment for ONDO, with analysts eyeing a price target of $2 in the short term.

    Having aggressively bounced from recent lows, the breakout to above $1 gives buyers the upper hand.

    In this case, further gains will allow them to target Ondo’s all-time high of $2.14 set in December 2024.

    Ondo price chart by TradingView

    However, bulls may first have to navigate initial robust resistance around $1.14.

    If this works, a potential rally to above $2  and the target of $2.4 could follow.

    Bulls will be helped by the broader market conditions, regulatory shifts and institutional endorsements.

    The collaboration with World Liberty Financial and integrations with BlackRock’s BUIDL Fund speak to this possibility.

    The ascent to $1.5 billion in TVL aligns with Ondo DeFi’s maturation, including in bridging yield-generating assets with blockchain efficiency. Global potential of RWAs is another likely catalyst for Ondo.

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  • Bitcoin price surges to $1,15,660 as ETF inflows and Fed policy shift align

    Bitcoin price surges to $1,15,660 as ETF inflows and Fed policy shift align

    Bitcoin price surges to $1,15,660 as ETF inflows and Fed policy shift align

    • Bitcoin has surged back above $115,660 amid a powerful rally.
    • The move is fueled by a massive $757 million net ETF inflow in one day.
    • Traders are now pricing in a 92 percent chance of a Fed rate cut next week.

    The slumbering giant has awakened. Bitcoin has roared back to life, surging past the critical $115,660 level in a powerful display of force, fueled by a perfect storm of renewed institutional hunger and a macroeconomic landscape that is increasingly tilting in its favor.

    The move marks a decisive break from the summer’s stagnation, with a torrent of capital now flooding into the asset as the market braces for a pivotal policy shift from the Federal Reserve.

    The institutional stampede

    The clearest and most powerful catalyst for the rally is the dramatic return of institutional buyers. On September 10, US spot Bitcoin ETFs recorded a staggering $757 million in net inflows, the single strongest daily intake in eight weeks.

    This brings the total for September to an impressive $1.39 billion, a clear sign that the voracious appetite that drove the market to all-time highs is back.

    This institutional stampede was broad-based, with all twelve US spot Bitcoin ETFs recording inflows.

    The charge was led by Fidelity’s FBTC, which absorbed over $156 million, and Ark’s ARKB, which took in $84 million. The renewed conviction was also visible in the futures market, where open interest rose a formidable 6.6 percent to $43.3 billion.

    The shifting sands of the macro landscape

    This flood of institutional capital is being met with an increasingly favorable macroeconomic tide. A volley of conflicting but ultimately dovish economic data has all but cemented the case for a Federal Reserve interest rate cut next week.

    While the Consumer Price Index (CPI) came in slightly hot, it was completely overshadowed by an unexpected drop in the Producer Price Index (PPI) and a spike in initial jobless claims to their highest level since October 2021.

    This combination of cooling wholesale inflation and rising labor market stress has traders now assigning a commanding 92 percent probability to a quarter-point Fed cut next week, according to the CME FedWatch tool.

    A glimpse of the supercycle?

    While the short-term picture is being driven by flows and Fed hopes, a far more dramatic story is being sketched out on the long-term charts.

    From a structural standpoint, Bitcoin’s weekly chart is displaying two powerful inverse head-and-shoulders patterns, formations that have technical analysts buzzing about the dawn of a new supercycle.

    The smaller pattern, confirmed after July’s breakout, projects a target near $170,000. A much broader formation, which dates back to 2021, remains active and points to an almost unbelievable long-term target of $360,000.

    While these are just technical projections, they are adding a powerful layer of long-term bullish conviction to the short-term speculative fervor.

    The great rotation

    The rally’s strength is further amplified by a clear and significant rotation of capital within the crypto ecosystem itself.

    While Bitcoin ETFs are flourishing, their Ethereum counterparts are bleeding. ETH-focused ETFs have seen $668 million in outflows in September, a stark divergence that underscores a clear market preference for Bitcoin in a macro-driven environment.

    While other large-cap tokens are mixed, the message from the institutional world is clear: in this new chapter of the bull market, the king is reclaiming his throne.

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  • FLOCK token surges amid Coinbase and Upbit listings

    FLOCK token surges amid Coinbase and Upbit listings

    • Flock, native to decentralized AI platform FLock.io, is one of the tokens to experience a notable price surge in the past 24 hours.
    • The FLOCK token is up double digits but rose over 150% amid listing on major exchanges Coinbase and Upbit.

    Flock token’s price rose from lows of $0.25 in early trading to hit highs near $0.69, gaining by over 150% as Coinbase and Upbit listed FLOCK on Base.

    The gains left bulls targeting highs last seen in January when FLOCK reached its all-time high of $0.89.

    However, profit taking has derailed this milestone as prices drop to lows of $0.47. Flock.io nonetheless still sports more 24-hour gains than LAUNCHCOIN and other top daily performers on the day.

    Coinbase and Upbit listings help FLOCK price soar

    FLOCK’s price rose as Coinbase added the decentralized AI platform’s native token to Coinbase DEX. The move ignited a price surge for FLock.io, with this happening within hours to see bulls propel from $0.25 to $0.69.

    “Big news for DeFi traders! $FLOCK is officially listed on Coinbase DEX and Coinbase Markets. You can now transfer $FLOCK from Base and trade it on Coinbase. Another step forward for decentralized AI,” FLock.io posted on X.

    Meanwhile, Coinbase also announced support for FLOCK on Base as it added trading support for SPX6900 (SPX) on the Ethereum network.

    The exchange said transfers for the two assets will be available on Coinbase  and Coinbase Exchange in the regions where it offers trading support, with trading set to go live on or after 9AM PT on September 9, 2025 subject to liquidity conditions being met.

    SPX-USD and FLOCK-USD trading pairs are set to launch in phases, the exchange said.

    Trading support for FLOCK on Coinbase saw the token’s trading volume spike amid heightened demand. Per CoinMarketCap, the daily volume for Flock jumped by more than 2,600% in 24 hours to over $339 million.

    It’s a scenario that unfolded as South Korea’s leading exchange Upbit also announced the listing of FLOCK on Base.

    This triggered further gains for the token, which rose  more than 150%. Upbit’s support for FLOCK trading pairs in the Korean Won (KRW) market could add to a fresh surge in volume.

    What does this mean for FLOCK price?

    The dual listings have amplified FLOCK’s visibility and liquidity, likely positioning the project for fresh adoption. Focus on privacy-preserving federated learning and blockchain-based data sovereignty resonates with industries like healthcare and finance, where secure AI model training is key.

    Flock’s gains come amid a robust initiative that has seen the FLock Foundation lock millions of FLOCK, helping the project’s long-term vision and growth.

    “By locking for the max period, we’re showing our commitment to building lasting value alongside the FLock community,” Flock Foundation said.

    Staking support and the latest rapid price spikes suggests FLOCK’s sustained growth could continue. Key price levels to watch include $0.40 and $0.70.



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  • Polygon price forecast: POL surges 6% as TVL reaches 2025 high

    Polygon price forecast: POL surges 6% as TVL reaches 2025 high

    Polygon POL Surges

    • Polygon token (POL) soared as most altcoins dipped on Monday and early Tuesday.
    • While POL has given up some of the gains to $0.26, bulls appear to be in control.
    • Gains for the altcoin come as its network’s total value locked (TVL) jumped to a year-to-date high.

    Polygon’s native token, POL (ex- MATIC) (POL), is one of the gainers in the past 24 hours as cryptocurrencies look to bounce off the latest dump.

    Altcoins such as Chainlink and XRP are eyeing fresh gains.

    While POL price has slipped from highs of $0.27, it’s currently holding above $0.25 as a potential rebound coincides with a spike in the network’s total value locked (TVL).

    Polygon price today

    The POL token’s price is up 3% in the past 24 hours at the time of writing, and nearly 12% in the past week.

    However, intraday gains reached 6% as POL rose to $0.27, with this coming amid growth in Polygon’s ecosystem, fueled by decentralised finance activity and strategic integrations.

    As the price of POL rose, Polygon’s TVL, which has jumped amid bullish momentum, topped a 43% increase year-to-date.

    The TVL spiking not only reflects the price gain, but the growing adoption, user trust and capital flows.

    Per Token Relations, Polygon saw its total value locked metric fall to $788 million in April.

    However, the metric has since witnessed a steady climb to break above $1.23 billion as of August, highlighting the blockchain network’s appeal and attraction as a DeFi player.

    Stablecoin growth

    Additionally, Polygon has seen a notable spike in stablecoin use.

    The recent integration of Agora’s stablecoin, AUSD, on Polygon by Miomi Game is a key development.

    Miomi is a web3 esports platform that boasts over 950,000 users.

    Polygon also surged to a record $2.56 billion in stablecoin payments in July, with peer-to-peer transfers rising as USDC active addresses jumped to 3.16 million.

    Meanwhile, USDT supply on Polygon rose to a new high of $1.29 billion during the month.

    Polygon’s surge in dApps, combined with stablecoin adoption and regulatory moves, spotlights the network’s utility.

    “Why are institutions building on Polygon? Trusted infrastructure, designed for greater efficiency and ready to scale for institutional demand,” Polygon Labs recently posted on X.

    Polygon price prediction

    Looking at Polygon’s price charts, the overall outlook is bullish.

    The network’s strategic initiatives and cross-chain interactions, which are contributing to organic growth, are evidence that bulls can establish the upper hand.

    Polygon’s price surge and TVL spike allude to this. Metrics such as active addresses and transactions are key to buyers breaching the supply wall around $26 and $30.

    On the flip side, bears can target the psychological support level at $20.



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  • Ethereum price surges 6% to $2,800 as shorts suffer amid $500M crypto liquidation

    Ethereum price surges 6% to $2,800 as shorts suffer amid $500M crypto liquidation

    Ethereum Price

    • Ethereum’s price rose 6% to above $2,800, driven by Bitcoin’s rally to $112,000 and optimism around ETH whale activity.
    • The gains came as over $500 million in leveraged positions, including $139 million in ETH, were liquidated.
    • Institutional interest and increased buying could drive Ethereum’s price higher.

    Ethereum (ETH) rose a decent 6% in 24 hours to reach highs above $2,800, with the top altcoin buoyed by a broader market rally.

    This is after Bitcoin (BTC) soared to a new all-time high above $112,000.

    However, the sharp price movements triggered widespread liquidations, with over $500 million in leveraged positions wiped out across major exchanges.

    Most of these were shorts, with cryptocurrencies rising alongside stocks on Wednesday.

    Ethereum hits $2,800 as crypto sees market momentum

    Ethereum’s climb to $2,821 in early trading on Thursday came as Bitcoin’s breakout above $112k lifted the broader digital assets space.

    It’s this bullish sentiment that has ETH price up more than 6% and on the cusp of a breakout above $3,000.

    According to data from CoinGecko, Ethereum’s trading volume spiked by 69% to over $29.8 billion, reflecting heightened market activity.

    Apart from a broader market upswing, ETH is benefiting from regulatory developments and the anticipation of what is next for the top altcoin.

    Whales and institutions are aggressively buying ETH, with Abraxas Capital withdrawing 29,741 ETH worth $81 million from crypto exchanges Binance and Kraken.

    Lookonchain shows the transactions occurred within the last 12 hours.

    Another wallet withdrew over 25k ETH tokens worth over $70 million from Kraken.

    Notably, SharpLink Gaming, a company that holds over 205,634 ETH worth over $575 million, added to its haul with another 5,072 ETH worth over $13.5 million.

    Over $500 million in liquidation signals market volatility

    As Bitcoin and Ethereum rallied, the broader crypto market experienced over $500 million in liquidations, largely impacting leveraged traders who were caught off guard by the sharp price moves.

    Data from Coinglass shows that total liquidations surged 285% in the past 24 hours, reaching over $538 million.

    The bulk of the losses came from short positions, as traders betting against the market’s upward momentum faced significant losses.

    Ethereum alone accounted for $156 million in liquidations, with $139 million of that tied to short positions, according to Coinglass.

    Despite the liquidations, market sentiment remains cautiously optimistic, with institutional inflows into crypto exchange-traded funds (ETFs) and stablecoin reserves signaling sustained demand.

    As Bitcoin continues to set new benchmarks, Ethereum’s role as a foundational blockchain for decentralized applications ensures its relevance in the evolving crypto landscape.

    Currently, the Ethereum price has a key support zone near $2,500.

    Meanwhile, a symmetrical triangle pattern suggests upward potential and is eyeing the $2,850 resistance.

    If price breaks above $3k, it could target the $4k and all-time high levels.



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

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

    Euler price jumped 27% on Friday

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

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

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

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

    Euler price skyrockets as bulls eye new all-time high

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

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

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

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

    The token reached this peak in 2022.

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

    Euler price chart by CoinMarketCap

    Why is the price of Euler up today?

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

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

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

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

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

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

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

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

    The 27% surge in Euler’s price also aligns with overall bullish sentiment across altcoins, with several small caps rising as investors position amid broader accumulation.



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  • Aptos price surges as stablecoin supply nears all-time

    Aptos price surges as stablecoin supply nears all-time

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

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

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

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

    Aptos stablecoin supply nears $1.2 billion

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

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

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

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

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

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

    Jump Crypto and Aptos Labs to launch Shelby

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

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

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

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

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

    Shelby’s potential to drive cross-chain adoption could be crucial to Aptos, with a developer-focused devnet slated for Q4 2025.



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  • Story (IP) surges after whales buy 16M tokens

    Story (IP) surges after whales buy 16M tokens

    • Story (IP) token price surged 15% to above $3, driven by Bitcoin’s recovery and whale accumulation.
    • Two major whales acquired 16 million IP tokens worth $47.52 million, indicating strong investor interest.
    • Analysts predict IP could retest the $4-$5 supply wall.

    Story (IP) is trading above $3 after surging 15% in 24 hours amid notable market turmoil.

    This IP price surge comes in the wake of Bitcoin’s recovery from its recent lows of $98,500, which happened amid rising geopolitical tensions.

    But with BTC back above $101k, market sentiment sees Story protocol token IP up.

    Commenting on the current market outlook, crypto analyst IncomeSharks said:

    Want to know why so many are bearish? It’s in the charts. We saw institutions, hedgefunds, and retail all start selling or shorting the local bottom. Then we had a violent V shape recovery which has squeezed or sidelined most. The FUD has started with moodys, tariffs, war, etc.

    Whales buy Story (IP) dip

    Recent data from blockchain analytics firm Lookonchain highlights a substantial accumulation of Story (IP) tokens by two major whale addresses.

    Whale 0x9921 has amassed 6 million IP tokens, valued at approximately $17.82 million, while whale 0x9057 has acquired 10 million tokens, totaling $29.7 million.

    Together, these transactions represent a collective purchase of 16 million IP tokens, worth $47.52 million, executed in recent days.

    The blockchain records reveal multiple successful coin transfers to these addresses, with values ranging from 2.5 million to 3 million IP per transaction, accompanied by negligible fees.

    This is not the first instance of significant whale interest in IP. Earlier this year, exchanges reported an outflow of $4.67 million worth of IP tokens.

    As then, this suggested prior accumulation by large investors.

    Those purchases preceded a 40% price surge, mirroring the today’s bounce despite broader market’s fading bullish momentum.

    The recent whale activity, coupled with a 12.8% daily price increase, underscores a pattern of strategic buying during dips, potentially positioning IP for further gains.

    Story price forecast

    Market analysts attribute trader optimism to IP’s ranking as a top 100 cryptocurrency by market cap, with a value of $896 million.

    The project’s focus on intellectual property asset management is fueling interest.

    Based on current whale activity and a bullish market outlook, IP price could target resistance in the $4.00-$5.00 region.

    However, if prices flip negative, the altcoin could revisit support levels at $2.75 and $2.50.

    Analysts at Sentiment point to what traders may pay attention to in the short term.

    IP price hovered around $3.09 at the time of writing. Daily trading volume was up more than 100% to over $46 million. Meanwhile, open interest stood at over $71 million.

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