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Tag: Token

  • Aster token pumps more than 500% post-TGE launch

    Aster token pumps more than 500% post-TGE launch

    Aster

    • ASTER token soars 550% to $0.52 post-TGE.
    • Total value locked catapulted to $1 billion, doubling pre-launch figures.
    • Aster’s debut bolsters BNB Chain’s ecosystem, boosting the BNB price.

    The Aster ($ASTER) token’s debut saw it hit $0.58, rocketing by more than 500% within hours.

    Aster then slightly pared the gains as traders looked for profits post-TGE and airdrop distribution for the YZi Labs-backed protocol.

    Altcoins such as Lagrange, EigenLayer and BNB have outshone the broader market.

    Launching at an initial price of approximately $0.08, the token swiftly ascended to a peak of $0.52.

    It is a move that encompassed a staggering 550% gain in its first trading session and saw ASTER’s market capitalization rally past the $800 million threshold.

    On debut, Aster rose to rank among the top 150 cryptocurrencies by market cap.

    As the token’s price pumped, daily volume rose to over $420 million in the initial 24 hours, up 1800%.

    While the 500% climb validates Aster’s utility in perpetual trading, bulls have to be aware of a potential sharp pullback if price overextends into the overbought territory.

    Aster TVL jumps to $1 billion

    Aster’s total value locked has exceeded expectations, surging to over $1 billion within days of the TGE in a milestone that represents a more than twofold increase from pre-launch figures of around $400 million, attracting over 330,000 new wallets and solidifying Aster’s position as the second-largest perpetual DEX globally.

    The influx highlights the platform’s multi-chain prowess, spanning BNB Chain, Ethereum, Solana, and Arbitrum, where users leverage unique collateral options like liquid-staking as BNB and yield-bearing USDF stablecoins.

    Privacy-focused innovations, such as zk-proofs have drawn sophisticated traders seeking capital efficiency without custodial risks whereas Aster’s integration with PancakeSwap has boosted ecosystem liquidity, contributing to a 15% uptick in BNB’s price over the past week.

    Market observers note that this $1 billion TVL not only enhances on-chain stability but also positions Aster to capture a slice of the $16 billion Hyperliquid pie, potentially driving annual revenues toward $500 million through fee structures that reward $ASTER holders.

    A significant first step for $ASTER on BNB Chain

    For $ASTER, this TGE marks a transformative debut on BNB Chain, laying the groundwork for broader DeFi adoption.

    As a high-performance Layer-1 with privacy at its core, Aster Chain empowers seamless perpetuals and spot trading, democratizing access for both novice and pro users via intuitive Simple and Pro modes.

    The platform’s non-custodial ethos, coupled with governance via $ASTER enables fee discounts and protocol upgrades.

    Implementation of this feature aligns with the community-first principles that propelled BNB Chain’s growth to over $16 billion in TVL.

    This milestone extends beyond numbers as it validates BNB Chain’s edge in low-fee, high-throughput environments, especially as altcoin rotations favor derivatives amid Bitcoin’s stabilization above $117k.

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  • Bitcoin tests $116K resistance ahead of Fed decision; new token launches stir market

    Bitcoin tests $116K resistance ahead of Fed decision; new token launches stir market

    • Bitcoin stalls near $116K as Fed’s policy decision draws focus.
    • Major altcoins trade sideways amid low volumes and uncertainty.
    • Velora (VLR) and Project Merlin (MRLN) set to redefine DeFi ecosystems.

    Bitcoin is once again testing the nerves of crypto market participants as its price hovers near $1,16,000, battling a stubborn resistance just as the global spotlight turns to the US Federal Reserve’s mid-September policy meeting.

    In the early hours of September 16, Bitcoin traded at $1,15,200, trimming modest overnight gains amid lower trading volumes and a cautious risk mood.

    The benchmark cryptocurrency’s market cap stands at a robust $2.29 trillion, with 24-hour volumes just over $52 billion, evidence that, while enthusiasm has tempered, the appetite for digital gold remains very much alive.

    The shadow of the Fed’s upcoming decision has left broader markets listless, and crypto is no exception. Investors remain on high alert for clues around possible rate adjustments after a string of resilient US inflation data.

    Any shift in policy or surprise rhetoric could produce short, sharp moves across all risk assets, with Bitcoin particularly sensitive given its recent struggle to clear the $1,16,000 threshold.

    Bullish momentum still elusive

    Ethereum, the second-largest digital asset by market cap, followed suit, changing hands at $4,522.

    Ether has struggled to regain bullish momentum since its recent spike to $4,609 and is now trading in a narrow band with tepid demand from larger holders.

    Despite a record high in stablecoin activity on its chain last week, ETH appears tethered to macro narratives, quietly mirroring Bitcoin’s cautious trajectory.

    XRP, meanwhile, steadied at $2.99 after pulling back from recent local highs.

    Recent treasury movements from notable digital asset management firms have steadied sentiment but haven’t sparked breakout momentum, as regulatory debates around the token continue to play out in key jurisdictions.

    Solana is also in the spotlight, with its price down slightly to $233.67 following last week’s rally.

    The token, known for its fast and low-cost transaction capabilities, has seen volatility creep back in, as short-term traders wade in to capture swings on the back of the broader market’s uncertainty.

    Technical analysts note the next major support levels sit close to $220, underscoring the need for positive catalysts to maintain current valuations.

    Dogecoin, always the wildcard, is trading at $0.2677 after a 24-hour spell that saw the meme coin flirt with both $0.26 support and $0.28 resistance.

    While DOGE’s narrative is often ruled by social media and celebrity hype, the current environment has left even seasoned “shibes” trading cautiously, awaiting clearer signals from both the Fed and broader risk markets.

    With key resistance levels drawing closer across major coins, market eyes will remain glued to the outcome of the Fed meeting.

    Until then, expect crypto prices to oscillate around their current bands, with Bitcoin eyeing that crucial $1,16,000 break as the catalyst for renewed bullish conviction or yet another test of market resolve.

    New launches fuel crypto buzz

    Several major crypto launches and ecosystem upgrades are about to shake up the market, promising to unleash a new spark of trading action.

    On Tuesday, all eyes are on Velora (VLR) and Project Merlin (MRLN) as they make their much-anticipated debuts.

    Velora’s launch signals a push into the next generation of DeFi, with its $VLR token powering intent-based cross-chain trading and unlocking gasless staking and community rewards.

    Meanwhile, Project Merlin steps onto the scene offering an all-in-one Web3 ecosystem that connects blockchain entrepreneurs, communities, and investors, complete with a robust launchpad, crowdfunding, and freelance ecosystem, all tied together by the $MRLN token and launching with airdrops across major exchanges.

    These releases are more than just hype; they reflect how the industry is charging ahead with technical innovation and shifting toward tailored, ecosystem-first infrastructure.

    But it’s not just token launches grabbing investor attention. On the regulatory front, Hong Kong just locked in fresh banking capital guidelines for digital assets, set to take effect in January 2026.

    The big shift? Banks are facing a 1:1 capital provision for any exposure to “permissionless” blockchains.

    The move is expected to bolster confidence for institutional players looking for a safer entry into crypto markets.

    Added to that, Ripple is making headlines via a new partnership in Japan that brings its RLUSD stablecoin further into the nation’s payments rails, underscoring digital assets’ climb toward mainstream financial integration.

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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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  • Sui price prediction after SUI Group Holdings’ $332m token grab

    Sui price prediction after SUI Group Holdings’ $332m token grab

    Sui is trading up as bulls continue the uptick seen since SUI Group Holdings’ recent acquisition of 20 million SUI tokens.

    As the company boosted its treasury to over $332 million, Sui prices jumped amid optimism about the future of SUI.

    The altcoin is up from lows of $3.12 this week and could explode as the crypto market eyes a Q4 rebound.

    Sui price surge – key bet by SUI Group Holdings

    Although gains in the past 24 hours and week are below 3%, analysts are bullish about SUI following recent activity.

    The token, which  currently stands at $3.41, with a 24-hour trading volume of $806 million according to CoinMarketCap, also has open interest at $12.19 billion to indicate trader confidence.

    As this happens, the recent purchase of 20 million SUI tokens by SUI Group has added to short term optimism.

    The company’s holdings of 101.8 million tokens are a move that hints at strong confidence in the project’s future.

    “Since the initiation of our SUI treasury strategy in late July, we have expeditiously accumulated over 100 million SUI, underscoring our conviction in the transformative potential of the SUI blockchain and its critical role in the future of decentralized finance,” said Stephen Mackintosh, Chief Investment Officer of SUI Group.

    Accumulation executed through a discounted deal with the Sui Foundation has sparked discussions about a potential price surge, building on the bullish momentum.

    The recent treasury boost is seen as a catalyst, potentially pushing the price toward $4.00 within the next quarter if market conditions remain favorable, which further strengthens SUI’s fundamentals, attracting long-term investors.

    Sui price volatility

    Despite the optimism, the crypto market’s volatility encounters challenges as analysts caution that whale activity, like SUI Group’s, might lead to short-term price swings, with a possible dip to $3.00 if selling pressure mounts.

    Buyers appear willing to step in repeatedly, reinforcing the base if the price finally cracks, with the structure favouring a swift climb as liquidity thins above.

    In this case, the Sui price could explode above $4.00, with targets above $5.00 in the short term.

    Sui chart by TradingView

    However, the SUI Group’s cash reserves  for further acquisitions signal a commitment to growth, potentially stabilizing the token.

    As the crypto community reacts with enthusiasm, with users heaping praise on the treasury strategy move, the main target will be on what this means for the long term price outlook.

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  • Ethena price forecast amid a 94 million ENA token unlock

    Ethena price forecast amid a 94 million ENA token unlock

    Ethena Price Amid Token Unlock

    • Ethena’s token ENA is up nearly double digits in 24 hours as bulls eye a breakout above $0.80.
    • The token expects a major unlock event of 94 million ENA.
    • Analysts say price could break out amid key fundamental strengths for Ethena.

    Ethena (ENA) price is up nearly 10% in the past 24 hours, despite the USDe stablecoin platform facing a huge token unlock.

    The price of Ethena at $0.69 signals a potential breakout if buyers drive sentiment post the over 94 million ENA token unlock event.

    Meanwhile, trading volume has surged 53% to over $574 million and market cap to $4.6 billion, putting Ethena among the top gainers on the day.

    Bitcoin Cash, Tornado Cash and Sky are among the outperformers in the past 24 hours.

    Ethena price ticks up ahead of token unlock

    As noted, Ethena is preparing for a significant token unlock, with 94.2 million ENA tokens set to be unlocked on Sept. 2.

    Per current price, the total value of the tokens coming into circulation stands at around $63.1 million, scheduled for 15:00 UTC+8.

    According to on-chain details shared by SoSoValue in a post on X, the huge ENA unlock will account for 0.63% of the total supply.

    Notably, the coins will be distributed between the ecosystem fund and foundation, with 53.55 million ENA going to the fund and 40.64 million ENA to the foundation.

    In the crypto market, token unlocks are critical events and often affect market liquidity and price stability.

    Ethena’s price will likely swing amid the token release, with trader sentiment key to short-term price movement.

    However, this unlock comes amid substantial milestones for the Ethena network, including the success of its synthetic dollar USDe.

    The past month has seen USDe cross the $12 billion market cap, and Ethena surpassed $500 million in cumulative gross interest revenue. Ethena also saw over $30 million USDe of rewards distributed.

    Strong fundamentals and broader market sentiment may thus help ENA price even as 94 million tokens come into circulation.

    Ethena price forecast

    The ENA token reached highs of $0.85 in August after a significant uptick from lows of $0.51 earlier in the month.

    However, profit taking tanked prices to around $0.62 before a bullish bounce faded around $0.75.

    Ethena price chart by TradingView

    Ethena price is back near the $0.70 mark after its latest uptick, with ENA’s current daily chart displaying a potential cup and handle pattern.

    The pattern often signals a bullish trend continuation, and a price breakout above $0.80 is likely to confirm this for Ethena.

    The daily RSI above 54 and upsloping add to this bullish outlook. Buyers could target $1.26 in the short term.

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  • Sky Protocol buyback program starts paying off as SKY token jumps 12%

    Sky Protocol buyback program starts paying off as SKY token jumps 12%

    SKY token price surge

    • Sky Protocol has spent nearly $75M on buybacks since February 2025.
    • SKY token has risen by 12.6% in a week, nearing previous highs.
    • Buybacks reduced supply and boosted investor confidence.

    The price of the SKY token has jumped 12.6% over the past seven days as the Sky Network buyback program starts to bear fruits.

    The steady rise comes after months of token repurchases, with Sky Protocol investing tens of millions of dollars to reduce supply and stabilise market confidence.

    Sky Protocol’s buyback strategy

    Sky, formerly known as Maker before rebranding in August 2024, has made headlines with its aggressive buyback plan.

    Since February this year, the protocol has used nearly 75 million USD to purchase SKY tokens directly from the market.

    The most recent update revealed that in August alone, Sky spent 5.5 million USD to acquire 73 million tokens.

    Notably, this consistent activity has helped to gradually lift the token’s price.

    In late February, SKY was trading just above six cents.

    Today, it is changing hands at a little over seven cents, and while the number may look modest, it marks a meaningful recovery for a token that had faced periods of volatility.

    The buybacks are designed to reduce circulating supply, creating upward pressure on value while signalling financial confidence from the project’s side.

    SKY token price recovery gains momentum

    Market data from Coingecko shows that SKY has gained more than 12% in the past week, outperforming several other decentralised finance tokens.

    The token’s performance since the start of the buyback has been steady, rising over 8% across six months despite broader market swings.

    In late July, SKY even touched 9.6 cents, getting close to its all-time peak of just over ten cents recorded in December, before taking a surprising dip to just above six cents in August.

    By comparison, Uniswap’s UNI token has risen about 6% in the same timeframe, while Aave’s AAVE has gained over 25%.

    These comparisons highlight that although SKY has not delivered the strongest returns, its growth is tied directly to a deliberate financial mechanism rather than just speculative market sentiment. This distinction makes Sky’s approach stand out within the altcoin space.

    Why the buybacks matter

    Token buybacks are not new in crypto, but Sky’s scale and consistency are drawing attention.

    By removing tokens from circulation, the project is reducing potential selling pressure and rewarding holders with gradual value appreciation.

    The fact that Sky has committed $75 million to this strategy suggests a strong treasury position and confidence in its ecosystem.

    Other projects, such as World Liberty Financial and Pump.fun, have also launched similar programs, indicating that the model may become more common across the industry.

    For Sky, the coming months will be crucial in determining whether the current momentum can be sustained, especially if market conditions turn volatile again.

    Investor sentiment already appears to be shifting in line with these efforts. A token that fell to a low of 3.5 cents earlier this year has nearly doubled from that point, reflecting renewed faith in its long-term role.

    With a market capitalisation of around $1.64 billion and more than $6.2 billion in total value locked on the platform, Sky is positioning itself as one of the more stable players in DeFi.

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  • IP token jumps 12% as Grayscale launches Story Trust

    IP token jumps 12% as Grayscale launches Story Trust

    Story IP Bullish

    • Grayscale Investments has launched the Grayscale Story Trust to offer accredited investors exposure to IP token.
    • Grayscale’s announcement saw IP price jump 12% to hit highs of $6.41.
    • Bulls could target a new all-time high.

    Grayscale Investments, the world’s leading digital asset management firm, has launched a new crypto investment product, the Grayscale Story Trust.

    The product, announced on July 31, 2025, is designed to offer accredited investors access to a digital asset product allowing for exposure to Story Network’s native token IP.

    Grayscale launches Story Trust

    On July 31, 2025, Grayscale announced the launch of its Grayscale Story Trust, a product the asset manager says will expose investors to a project set to play a key role in the global intellectual property economy. Currently, the IP economy stands at over $80 trillion.

    The Story network’s programmable IP focus aims to revolutionize the management, licensing, and monetization of intellectual property. Artificial intelligence (AI) and digital rights management are a major part of this growing market.

    “Grayscale Story Trust gives investors exposure to a protocol shaping the foundational intellectual property layer for the information and AI era,” said Rayhaneh Sharif-Askary, head of product & research at Grayscale. “That includes not just creative content, but real-world data — the force powering one of today’s most advanced intelligent systems.”

    IP price jumps 12% amid Grayscale news

    Grayscale Investments has launched over 30 crypto investment products. Story Trust is the latest offering. It expands the firm’s diverse crypto offerings. However, there’s more.

    The product also signals a pivotal moment for the integration of blockchain technology into the global IP market.

    Story (IP) could be poised to lead this transformation, a scenario that could augur well for the native token’s price.

    “The launch of Grayscale Story Trust reflects growing recognition that intellectual property, in all forms, has the potential to become one of the most important assets of the AI era. With $IP now available via a Grayscale Trust, investors can gain exposure to the infrastructure layer that enables programmable licensing and attribution across AI and creative applications,” said SY Lee, chief executive officer and co-founder of PIP Labs, a core contributor to Story.

    As the Grayscale news broke, IP price jumped 8% to hit highs of $6.35 at the time of writing.

    With sentiment bullish and altcoins looking to extend upside momentum, Story’s native token could edge towards February 2025 highs of $7.12. Currently, the token is looking at a five-month high and could allow bulls to target the all-time high of $7.33 reached on February 26.

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  • SUI price outlook: bulls on edge as $173M token unlock looms

    SUI price outlook: bulls on edge as $173M token unlock looms

    SUI price outlook: bulls on edge as $173M token unlock looms

    • Sui gained 7% in the past day to $3.94 intraday high.
    • A massive unlock on August 1 sparks fears of potential bearish pressure.
    • Holdings above $0.275 could support imminent breakouts.

    Digital currencies saw mild gains on Friday as the global crypto market cap increased by 0.55% the previous 24 hours to $3.9 trillion.

    While most alts signal recoveries, SUI led today’s gainers with an over 7% surge to $3.94.

    The uptrend has excited enthusiasts who are watching for new breakouts.

    Nevertheless, the upcoming $173 million SUI unlock on August 1 has dented investor confidence due to potential selling pressure after the massive token release.

    Can the altcoin withstand the bearish storm?

    SUI’s August 1 unlock

    Token unlocks are usual in the cryptocurrency market, but they often trigger anxiety as they can influence short-term price actions.

    Sui’s upcoming unlock isn’t an exception.

    According to Tokenomist, Sui will release 44 million tokens, worth around $173 million at current prices, on August 1.

    That’s a massive figure, especially considering the prevailing broad market uncertainty and SUI’s market dynamics.

    Significant token unlocks flood the markets, possibly introducing substantial selling pressure when recipients offload part of their balances.

    In Sui’s case, the $173 million unlock could test its current momentum.

    The altcoin trades at $3.95, and participants would now closely watch the ‘reliable’ support barrier at $3.75.

    The foothold has previously held strong amid pullbacks.

    If SUI holds $3.75 throughout unlock-driven volatility, it would be an optimistic signal.

    Healthy performance after token release will indicate impressive demand despite the surge in supply.

    Such an outlook would position Sui as a maturing blockchain unbothered by short-term events.

    Bulls could hold the line after July’s robust performance

    The primary question remains whether buyers can maintain control amidst the supply shock.

    The latest uptick to $3.94 has renewed optimism about another breakout.

    However, SUI should hold above the support at $3.75 to absorb the upcoming token supply without panic selling.

    Meanwhile, SUI heads into August after an impressive monthly performance, which will likely add upside steam.

    Sui’s total value locked closed July with a fresh all-time high above $2 billion after stable uptrends since late June.

    A surging TVL is crucial since it confirms the chain’s overall financial health, highlighting increased adoption and growth.

    It is a key liquidity indicator.

    More total value locked makes it easier for individuals to execute trades without substantial price slippages.

    Also, SUI’s decentralised exchange (DEX) volume hit record highs of $14.3 billion in July.

    SUI’s current price outlook

    The altcoin displayed impressive recoveries after hitting a low of $3.69 yesterday.

    SUI trades at $3.94 with a 15% uptick in trading volume, demonstrating a possible momentum shift to the upside.

    Short-term technical indicators suggest a buyer comeback.

    The MACD has just made a bullish crossover with the signal line on the 3H timeframe.

    Moreover, the RSI at 52 suggests neutral sentiments as bulls look to flip the script.

    Holding $3.75 amid the looming unlock might support uptrends to the Monday high near $4.35, opening the path to $5.

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  • PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility

    PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility

    • The coin has expanded its presence beyond Ethereum.
    • Users can now enjoy streamlined cross-chain swaps through Stargate Finance.
    • Pendle boasts the highest positive sentiment in all DeFi coins in the past seven days.

    Digital tokens painted price charts red on Wednesday as markets brace for the Fed’s rate policy.

    Pendle extended its weekly losses to over 6% after losing 2% in the past 24 hours.

    Intensified profit-booking after the recent growth contributes to PENDLE’s weakness.

    However, the altcoin appears poised for a significant rebound as bullish catalysts emerge.

    The team has confirmed that PENDLE is officially live on HyperEVM and BeraChain.

    It represents a key step in Pendle’s multi-chain ambitions as it aims to push boundaries in decentralized finance (DeFi) yield trading.

    Meanwhile, the expansion comes as the altcoin experiences bullish sentiments.

    Data show PENDLE had the highest positive sentiments across all DeFi currencies over the past week.

    With more individuals exploring Pendle, is a significant breakout on the horizon?

    Pendle smoothens cross-chain access

    The best thing about this development is the Stargate Finance integration.

    It allows users to bridge between Ethereum, HyperEVM, and BeraChain smoothly.

    That means users can access Pendle’s flourishing ecosystem regardless of their chain.

    Moreover, the integration promises less friction, faster access, and fewer fees.

    This is a game-changer for investors and DeFi enthusiasts.

    Stargate’s bridge promises smoother capital flow across chains to solve one of the primary bottlenecks in DeFi – interoperability.

    Furthermore, the move unlocks more utility for the PENDLE token in new liquidity hubs as HyperEVM and BeraChain protocols navigate Pendle’s yield markets.

    Positive sentiments dominate the Pendle ecosystem

    Multiple tracking platforms show PENDLE was the most positively discussed DeFi project over the past week.

    It is beyond price actions.

    The trend reflects the depth and tone of conversations about Pendle on crypto forums and social platforms like X and Telegram groups.

    Such sentiments often indicate market direction.

    It shows smart money watching the assets and possibly repositioning before bullish catalysts surface.

    Rising bullish chatter and listing on new platforms shows Pendle is attracting attention and confidence as it solidifies its presence in the DeFi industry.

    PENDLE price outlook

    The altcoin traded in red, losing over 2% in the past 24 hours.

    PENDLE hovers at $4.37, with a weakening trading volume reflecting dominant bearish tendencies in the broad market.

    Also, it experienced considerable profit-taking after the latest rally from $3.2633 on 4 June to last week’s $4.8747.

    Nonetheless, PENDLE hasn’t ruined its bullish structure. It trades well above the key support barriers of $3.60 and $2.80.

    Continued declines to these levels could catalyze massive buying interest, if history repeats itself.

    Bullish bounce-backs may clear the path for stable rallies toward $5.20 before extending to the psychological barrier at $7.

    That would be an approximately 60% increase from PENDLE’s market price.

    However, the $6.0 – $6.5 region will be a vital breakout area.

    A decisive weekly closing above this zone could trigger intensified buying and propel PENDLE to the target at $12.0 – $14.

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  • Omni Network price jumps 90% as Upbit lists OMNI token

    Omni Network price jumps 90% as Upbit lists OMNI token

    Omni Network Listing On Upbit

    • Omni Network (OMNI) price recorded a near triple-digit gain to break from intraday lows of $2.5 to highs of $7.13.
    • The token traded around $5.37 at the time of writing, 90% up in the past 24 hours.
    • Gains came amid OMNI listing on South Korea’s largest crypto exchange Upbit.

    Omni Network (OMNI) trended as the top gaining token among the 500 largest coins by market cap on Tuesday, recording a double-digit gain to break from intraday lows of $2.5 to highs of $7.13.

    While the price has retreated from the intraday peak to currently sit around $5.37, it still sports an impressive 90% gain in the past 24 hours.

    The daily volume was up 455% to over $584 million, with the dramatic price gain aligning with a speculative rally largely attributed to the token’s latest milestone.

    Why is OMNI price exploding?

    OMNI hovered flat and under $3.2 since dropping from highs of $5.50 on July 11, 2025. Before then, Omni Network price had struggled with bearish pressure below $1.7.

    So why did OMNI explode today?

    Many small cap tokens have seen a notable flip amid overall gains for mega cap tokens such as Ethereum, XRP and Solana.

    However, some small caps are seeing huge moves, and for Omni, the primary catalyst appears to be the official listing of OMNI on Upbit, the largest crypto exchange in South Korea.

    As detailed in an announcement on X, Upbit, known for its substantial user base and high trading volumes, has added support for OMNI.

    The exchange’s listing news has often triggered meteoric rises in both price and activity for newly listed assets, and it looks to be no different for Omni Network.

    Upbit is listing the OMNI/KRW trading pair with the market commencing at 18:30 local time on July 29, 2025.

    OMNI’s price experienced a volatile swing following the news, with the token reaching a high of approximately $7.13.

    The near triple-digit gain saw OMNI extend gains over the past month to over 250%. Bulls were also up 285% since the all-time lows of $1.37 reached on July 6, 2025.

    The overall upward trajectory could see buyers target more gains.

    Omni Network price prediction

    Looking at the Omni Network price charts, technical indicators are largely bullish.

    However, the Relative Strength Index (RSI) currently hovers around 80 and is in the overbought territory.

    This signals potential correction in the near term amid profit taking. Bulls may nonetheless attempt to put bears off around key support at $3.45.

    OMNI price chart by TradingView

    This outlook will be helped by the Moving Average Convergence Divergence (MACD), which continues to signal bullish momentum with the MACD line above the signal line.

    If bulls hold above $4.50, which serves as a critical support level, they could target a breakout to $10.5 and probably December 2024 highs of $15. Downside pressure could see OMNI’s price slip to $3.45 and $2.

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