AXS price jumped more than 12% to above $2.50 on January 26, 2026.The gains saw Axie Infinity outpace the broader gaming sector.WEMIX and Ronin also rose, but top tokens like The Sandbox and Immutable were flat.Axie Infinity’s native token, AXS, has surged by double digits in the past 24 hours, extending its recent gains.The uptick also marked a notable rebound for the gaming token, after prices revisited support around $2.00 over the weekend. All this happens as investors weigh opportunities in a largely subdued cryptocurrency market.Gold rocketed to record highs above $5,000 and silver rallied above $100, moves that have stolen the shine from crypto, with Bitcoin labouring under $90,000.Axie Infinity price jumps 12%The overall crypto picture portends caution, and capital flight shows this as seen in recent weeks. However, even as whales pile into precious metals, some altcoins like Axie Infinity are defying immediate sentiment.On Monday, AXS climbed by more than 12% to hit highs of $2.54.This double-digit spike over the past 24 hours allowed buyers to attempt a retest of $3.00, which also acted as a hurdle when Axie Infinity exploded last week.However, while AXS delivered a strong double-digit performance, most gaming sector tokens exhibited minimal movement. Most remained flatlined or dipping slightly, including The Sandbox, Gala, Decentraland and Immutable.Exceptions to this include WEMIX, which saw gains of around 5% in the same period, and Ronin (RON), which was posting modest gains of about 6% amid low overall activity.The broader gaming category is still recovering from the last cycle’s challenges. Crypto analyst Zack shared reasons why the Axie Infinity price is surging in a post on X.$AXS ripping higher feels ironic — it’s the exact ecosystem most people had already written off.
So what actually flipped the noscript?
– SLP inflation finally shut down
– bAXS introduced as the new reward layer (non-transferable, reputation-based, anti-bot by design)
– Atia’s… pic.twitter.com/qUjUTrlQBC— Zack (@0xZackon) January 26, 2026Can AXS hold onto gains?Axie Infinity’s momentum stems from ongoing ecosystem updates and whale accumulation, positioning it ahead in the GameFi revival.Yet, sustained holding depends on macroeconomic factors and sector-wide adoption. Investors will eye upcoming developments for confirmation of this rally’s longevity.The technical outlook for AXS, therefore, remains cautiously optimistic in the short term, with resistance levels near the $2.90-$3.00 and at $5.10 levels.AXS bulls may target these levels next, provided price holds above $2.00.However, a downside flip looms if broader crypto sentiment sours further, potentially testing lower support zones. Key support levels lie at $1.86 and $1.20.The bearish outlook strengthens with indicators such as the negative MACD and RSI. Currently, the momentum indicators signal sell-off pressure. Profit-taking by recent buyers also poses a risk.AXS price reached highs of $10 in January 2025, before plummeting sharply. Meanwhile, the all-time high for the token is $165, which it reached in November 2021.The post AXS price pumps 12% as Axie Infinity outpaces gaming sector tokens appeared first on CoinJournal.
via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://coinjournal.net/news/axs-price-pumps-12-as-axie-infinity-outpaces-gaming-sector-tokens/
So what actually flipped the noscript?
– SLP inflation finally shut down
– bAXS introduced as the new reward layer (non-transferable, reputation-based, anti-bot by design)
– Atia’s… pic.twitter.com/qUjUTrlQBC— Zack (@0xZackon) January 26, 2026Can AXS hold onto gains?Axie Infinity’s momentum stems from ongoing ecosystem updates and whale accumulation, positioning it ahead in the GameFi revival.Yet, sustained holding depends on macroeconomic factors and sector-wide adoption. Investors will eye upcoming developments for confirmation of this rally’s longevity.The technical outlook for AXS, therefore, remains cautiously optimistic in the short term, with resistance levels near the $2.90-$3.00 and at $5.10 levels.AXS bulls may target these levels next, provided price holds above $2.00.However, a downside flip looms if broader crypto sentiment sours further, potentially testing lower support zones. Key support levels lie at $1.86 and $1.20.The bearish outlook strengthens with indicators such as the negative MACD and RSI. Currently, the momentum indicators signal sell-off pressure. Profit-taking by recent buyers also poses a risk.AXS price reached highs of $10 in January 2025, before plummeting sharply. Meanwhile, the all-time high for the token is $165, which it reached in November 2021.The post AXS price pumps 12% as Axie Infinity outpaces gaming sector tokens appeared first on CoinJournal.
via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://coinjournal.net/news/axs-price-pumps-12-as-axie-infinity-outpaces-gaming-sector-tokens/
CoinJournal
Axie Infinity surges past $2 as GameFi market revives, but caution looms
Axie Infinity (AXS) surges past $2 as GameFi rallies, but rising exchange balances and declining users signal caution for investors.
The initial strategy focuses on USDC stablecoin lending through overcollateralised pools on Morpho.Bitwise said the strategy currently targets returns of up to 6%, depending on market conditions.The launch signals a broader shift by asset managers toward building and managing on-chain infrastructure.Bitwise has taken a clear step beyond exchange-traded products by launching its first non-custodial on-chain yield strategy, signalling a deeper push into decentralised finance infrastructure.The firm confirmed the launch on Jan. 26, positioning the new product as an on-chain vault curated by Bitwise but executed entirely through smart contracts.Users retain control of their assets at all times, while Bitwise oversees how capital is allocated across decentralised lending markets.The move highlights how traditional crypto asset managers are increasingly experimenting with direct DeFi exposure rather than relying solely on regulated wrappers.Non-custodial vault structureThe new product is structured as a non-custodial vault, meaning users do not transfer control of their funds to Bitwise or to any centralised intermediary.Instead, assets remain in user-controlled wallets and are deployed on-chain according to predefined rules.Bitwise manages the strategy parameters, but all activity takes place transparently on public blockchains.This setup is designed to appeal to investors who want exposure to on-chain yield without sacrificing custody.All positions are visible on-chain, allowing users to track where funds are deployed in real time.The firm has framed this as a way to combine professional portfolio management with the core principles of decentralised finance.Stablecoin yield focusThe initial vault focuses on stablecoin lending, starting with USD Coin USDC.Deposited funds are allocated to overcollateralised lending pools, where borrowers must post excess collateral to secure loans.This structure is intended to limit counterparty risk compared with undercollateralised lending models.The strategy is built on Morpho, a decentralised lending protocol that allows asset managers to design customised lending strategies while relying on standardised smart contracts.According to Bitwise, the vault currently targets returns of up to 6% annually, depending on market conditions.The firm has emphasised that yields will fluctuate based on on-chain supply and demand rather than being fixed or guaranteed.Risk management on-chainBitwise said strategy design and ongoing risk oversight are led by Jonathan Man, CFA, who heads the firm’s multi-strategy solutions group.The vault draws on Bitwise’s existing research, trading, and risk infrastructure, which has been developed through years of managing crypto investment products.Smart contract execution ensures that positions are managed automatically according to predefined rules, while transparency allows users to independently verify activity.Bitwise has not disclosed performance data so far, noting that the vault is still in its early stages.Asset managers eye DeFi infrastructureThe Morpho vault represents Bitwise’s first direct move into non-custodial DeFi strategies.Until now, the firm has primarily been associated with exchange-traded products and research aimed at traditional investors.This launch marks a shift toward building and managing on-chain tools rather than offering exposure solely through off-chain products.Morpho has gained traction as a platform for professional-grade DeFi strategies, enabling managers to deploy capital programmatically while maintaining on-chain transparency.Bitwise has said it views on-chain vaults as a growing segment of the crypto market and plans to explore additional strategies over time.While the firm has not shared timelines for expansion, it has described the vault as an early step in a longer on-chain roadmap.As more capital flows into blockchain-based finance, Bitwise’s move suggests that asset managers are increasingly treating DeFi as core financial infrastructure rather than a peripheral experiment.The…
X (formerly Twitter)
Bitwise (@BitwiseInvest) on X
Finance is moving onchain. Vaults are a key part of that, offering investors a transparent way to earn digital yield on their assets.
Today, we’re excited to announce that Bitwise is launching non-custodial vault strategies as a curator on @Morpho.
The…
Today, we’re excited to announce that Bitwise is launching non-custodial vault strategies as a curator on @Morpho.
The…
Misleading claims about Qoin approval, liquidity, and merchant acceptance were upheld.The court imposed financial penalties, public notices, and a long-term operating ban.ASIC is easing some crypto licensing requirements while maintaining enforcement pressure.Australia’s long-running court battle against BPS Financial has ended with a decisive ruling that sharpens the spotlight on regulatory gaps in the country’s crypto and digital payments sector.The Federal Court has ordered BPS Financial Pty Ltd to pay 14 million Australian dollars in penalties for operating its Qoin Wallet without the required licence and for making misleading claims about the product.The case, brought by the Australian Securities and Investments Commission, centred on whether BPS crossed the line from technology provider to financial services operator.The court found that it did.By promoting and issuing the Qoin Wallet as a non-cash payment facility tied to its Qoin digital token, BPS was found to have engaged in regulated conduct without holding an Australian Financial Services Licence, breaching the Corporations Act.How Qoin crossed into regulationBetween January 2020 and mid-2023, BPS promoted the Qoin Wallet as a way for users to transact using Qoin tokens across a network of merchants.The court determined that this activity went beyond a simple software product. It involved issuing a payment facility and providing financial services and advice, both of which require licensing in Australia.ASIC argued that the structure and promotion of the Qoin Wallet meant consumers were encouraged to treat it as a functional alternative to traditional payment methods.The court agreed, finding that the absence of a licence during this period placed the product outside Australia’s legal framework for consumer protection.Misleading claims under scrutinyThe court also upheld findings that BPS engaged in misleading and deceptive conduct.Earlier judgments in 2024, upheld on appeal in 2025, found that the company made false statements about the status and functionality of Qoin.These included claims that the product was officially approved or registered, that Qoin tokens could be readily exchanged for fiat currency or other crypto-assets, and that the token was widely accepted by merchants.The court found these representations created an inaccurate impression of liquidity, acceptance, and regulatory standing.ASIC launched civil penalty proceedings in 2022 after concluding that such claims were likely to influence consumer decisions.The Federal Court imposed penalties totalling 14 million Australian dollars, including 1.3 million dollars for unlicensed conduct and 8 million dollars for misleading representations.The court also barred BPS from operating a financial services business without a licence for 10 years, ordered corrective notices to be published on the Qoin Wallet app and website, and required the company to pay most of ASIC’s legal costs.Judge Downes described the conduct as serious and unlawful, noting the involvement of senior management and weak internal compliance systems.A widening compliance gapThe BPS decision lands at a time when ASIC is adjusting parts of its crypto regulatory approach.In December, the regulator finalised exemptions designed to simplify the distribution of stablecoins and wrapped tokens.These measures allow the use of omnibus accounts with appropriate record-keeping and remove the need for some intermediaries to hold separate Australian Financial Services licences.The changes aim to reduce compliance costs for firms operating in digital assets and payments.In a report released on Tuesday noscriptd Key issues outlook 2026, ASIC chair Joe Longo identified digital assets and fintech as areas where regulatory gaps persist.The report also flagged risks linked to opaque private credit, superannuation operational failures, high-risk investment sales, and AI-related consumer harm.Together, these developments show a regulator trying to balance flexibility with consumer protection.The BPS ruling…
PUMP surged 25% in 24 hours, outperforming top altcoins despite legal pressure on Pump.fun and Solana Foundation.Pump.fun buybacks cut over 20% of supply, supporting PUMP as Solana’s price weakens on lawsuit concerns.Strong revenue and expansion plans lift PUMP, even as broader crypto markets remain under pressure.PUMP, the native token of Pump.fun, surged 25% over the past 24 hours, outperforming most top-100 cryptocurrencies by market capitalization, even as its associated platform and the Solana Foundation face mounting legal and reputational challenges.The rally comes amid broader weakness across the cryptocurrency market and renewed scrutiny of memecoin launch practices on Solana.Legal pressure weighs on Pump.fun and SolanaPump.fun and the Solana Foundation are facing a class action lawsuit alleging insider trading and questionable token launch practices, according to market data.The lawsuit has introduced legal uncertainty for both entities and intensified scrutiny of Pump.fun, Solana’s leading memecoin launchpad.Solana’s native token has experienced notable volatility in recent weeks, with price declines coinciding with the negative news flow surrounding Pump.fun.Since launching in January 2024, Pump.fun has facilitated millions of token creations and generated substantial fee revenue, according to on-chain data.However, market observers note that token launches on the platform have declined as legal challenges and unfavorable media coverage have escalated.Pump.fun’s reputation shifted following a February 2025 report from analytics firm Solidus Labs noscriptd “The 2025 Rug Pull Report: Rug Pulls and Pump-and-Dumps on Solana.”The report found that the majority of tokens launched on Pump.fun, along with liquidity pools on Raydium, exhibited characteristics consistent with pump-and-dump schemes or rug pulls.According to the report, the platform and related protocols extracted billions of dollars from investors during 2025, driven by a high rate of fraudulent token launches.Solana’s price has pulled back from recent highs before stabilizing near key support levels.Technical analysts report elevated volatility, with upside moves encountering resistance.Despite the price weakness, on-chain indicators for Solana remain relatively strong, with developer activity, transaction volumes, and wallet engagement holding up compared with other Layer-1 blockchains.Analysts suggest Solana’s recent price action has been driven more by narrative concerns than underlying fundamentals.PUMP outperforms as buybacks support priceIn contrast to Solana’s recent decline, the PUMP token has continued to rally.The token’s 25% overnight gain extends a broader uptrend that has lifted prices roughly 60% over the past month and about 160% from lows near $0.0011 reached in October 2025.Market participants have attributed some of the recent strength in PUMP, as well as other high-beta tokens such as HYPE, to capital rotation into riskier assets.For Pump.fun, however, analysts point to project-specific factors as key drivers.The platform has repurchased more than 20% of its total token supply over the past three months, tightening circulating supply without immediate dilution.No token unlocks are scheduled until July, reinforcing the scarcity narrative.Revenue generation has also remained robust.Daily revenue continues to exceed $1 million and reached $2.16 million on Monday, highlighting the platform’s operational strength despite ongoing legal concerns.Pump price predictionInvestor sentiment has been further supported by Pump.fun’s recent announcement of a dedicated investment arm aimed at funding ecosystem growth, alongside the launch of a $3 million hackathon designed to attract developers and enhance long-term utility. Pump.fun Price ChartPUMP price chart by TradingViewWhile the broader cryptocurrency market remains under pressure, with Bitcoin struggling to hold above $90,000, Pump.fun’s token has shown relative outperformance.Recent gains have reversed a prior downtrend, with a confirmed break above…
Key takeawaysHYPE is up 23% in the last 24 hours and is now trading above $27.The rally follows a surge in commodities trading amid rising interest in safe-haven assets like Gold and Silver.Commodity trading on Hyperliquid pushes HYPE above $27HYPE, the native coin of the Hyperliquid decentralized exchange, is the best performer among the top 20 cryptocurrencies by market cap.The coin is up 23% in the last 24 hours and is now trading above $27 per coin. The rally comes as Hyperliquid’s HIP-3 decentralized exchanges recorded a new milestone, with their open interest rising to a new high of $790 million.This figure represents over 200% growth in the past month but remains below Hyperliquid’s $8 billion open interest across all markets.HIP-3 has been around since October 3 and allows qualified developers to deploy their own perpetual futures markets on Hyperliquid’s HyperCore infrastructure.Thanks to this framework, trading for a wide range of assets beyond traditional cryptocurrencies, including commodities, stocks, and other real-world assets are now live on Hyperliquid. Hyperliquid CEO Jeff Yan stated on X that,“Hyperliquid has quietly achieved an important milestone of becoming the most liquid venue for crypto price discovery in the world. With HIP-3 teams leading the way, Hyperliquid has also grown to become the most liquid venue for perps on tradfi assets.”The surge in trading volume can be attributed to rising interest in Gold and Interest. Investors have been pushing their money into Gold and Silver as safe havens due to heightened global economic uncertaintyGold and Silver perpetual contracts have seen particularly strong volume as investors seek hedges against inflation and geopolitical risks.Data obtained from Flowscan shows that HIP-3 recorded a daily trading volume of $1.29 billion over the past 24 hours, with open interest at $693.8 million at the time of publication.HYPE faces critical resistance at $28.4The HYPE/USD 4H chart is bullish and efficient as Hyperliquid has rallied in the last 24 hours. The coin is up 23% since Monday and is now trading above the 20-day Exponential Moving Average (EMA).HYPE/USD 4H ChartHYPE is currently trading at $27.4 and could rally towards the $28.4 resistance level in the near term. An extended rally would allow HYPE to hit the $30 psychological mark. The Relative Strength Index (RSI) and MACD are above their neutral levels, indicating a dominant bullish momentum.However, if the $28 resistance holds, HYPE could retest the Monday low of $21.6 in the near term.The post HYPE soars 23% as commodities trading on Hyperliquid increases appeared first on CoinJournal.
via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://coinjournal.net/news/hype-soars-23-as-commodities-trading-on-hyperliquid-increases/
via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://coinjournal.net/news/hype-soars-23-as-commodities-trading-on-hyperliquid-increases/
X (formerly Twitter)
jeff.hl (@chameleon_jeff) on X
Hyperliquid has quietly achieved an important milestone of becoming the most liquid venue for crypto price discovery in the world. See below for side by side comparison of BTC perps on Binance (left) and Hyperliquid (right).
With HIP-3 teams leading the…
With HIP-3 teams leading the…
Akash Network price rose sharply to hit highs of $0.53 on Tuesday.The token rallies as the decentralized AI sector attracts attention.Buyers may target $1 next, although bearish pressure persists.Akash Network’s AKT token climbed sharply on Tuesday, rising about 15% over the past 24 hours as renewed investor interest in decentralized artificial intelligence infrastructure lifted prices across the sector.While the advance lagged gains seen in tokens such as Hyperliquid, Pump.fun and Axie Infinity, AKT outperformed many of its peers, reflecting growing confidence in decentralized cloud platforms as alternatives to centralized providers.AKT leads gains among decentralized AI tokensThe broader crypto market posted modest gains on January 27, but a handful of AI-linked tokens recorded outsized moves.AKT rose to around $0.53, up from intraday lows near $0.41, placing it among the strongest performers in its segment.Trading activity also accelerated sharply, with 24-hour volume jumping more than 600% to above $45 million.The surge lifted AKT above many decentralized AI peers, including established projects such as Bittensor and Render, which posted more muted intraday advances.Market participants attribute the rally to increased attention on Akash Network’s role in distributed AI inference, as demand for decentralized GPU compute continues to grow.Analysts also point to signs of larger-holder activity and broader sector momentum as contributing factors.Adoption narrative supports near-term outlookInterest in AI-related crypto assets has increasingly shifted toward practical adoption rather than speculative themes.Projects such as Render, Bittensor, NEAR, and Virtuals Protocol have all seen recent price strength tied to real-world usage of AI infrastructure.Akash Network, which operates a decentralized cloud and GPU marketplace for AI training and inference, has benefited from that shift in focus.Analysts say investor interest has been supported by the platform’s positioning within the expanding AI compute market.From a technical standpoint, AKT is showing broadly constructive signals, although near-term indicators remain mixed.Prices are consolidating around the $0.48 to $0.50 area, a zone that represents near-term supply.A sustained break above this level would be needed to extend the rally.If momentum continues and broader market conditions remain supportive, analysts see potential upside toward $0.74, a level backed by improving MACD signals and a recovering relative strength index.Further out, $1 and $2 are viewed as longer-term reference points, having marked key peaks in the previous market cycle.However, analysts caution that volatility remains elevated. Profit-taking could trigger pullbacks, with initial support seen in the $0.43 to $0.35 range. The post Akash Network rallies 15% as demand grows for decentralized AI infrastructure appeared first on CoinJournal.
via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://coinjournal.net/news/akash-network-rallies-15-as-demand-grows-for-decentralized-ai-infrastructure/
via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://coinjournal.net/news/akash-network-rallies-15-as-demand-grows-for-decentralized-ai-infrastructure/
CoinJournal
Akash Network rallies 15% as demand grows for decentralized AI infrastructure
Akash Network price rose to above $0.50 as AKT attracted buying interest amid fresh investor confidence
Key takeawaysAVAX is up by less than 1% and is trading below $12.VanEck launched the first Avalanche ETF in the United States.VanEck’s AVAX ETF goes liveThe first exchange-traded fund to track the Avalanche’s native token, AVAX, and include staking rewards, launched on the NASDAQ stock exchange. VanEck’s Avalanche ETF debuted on Monday and is trading under the ticker symbol VAVX. According to the investment management firm, VAVX is the first and currently the only U.S.-listed ETP focused on providing investors with exposure to the price return and potential staking rewards of Avalanche’s native token, AVAX.Avalanche is one of the leading blockchains in the crypto space. It is an EVM-compatible blockchain launched by Ava Labs in 2020 with the primary goal of improving existing crypto scalability, interoperability, and usability. As a smart contract blockchain, Avalanche can execute contracts automatically when certain conditions are met. VanEck Director of Digital Assets Kyle DaCruz pointed out that Avalanche is a unique blockchain because it can link traditional finance and blockchain.“Avalanche’s architecture is uniquely positioned to bridge the gap between traditional finance and the on-chain economy, focusing on verifiable, real-world utility,” DaCruz added.AVAX fails to rallyThe AVAX/USD 4H chart remains bearish as AVAX fails to rally despite the launch of the VAVX ETF. At press time, AVAX is trading at $11.75.The momentum indicators remain bearish, suggesting that the bears remain in control. The RSI of 40 is below the neutral 50, while the MACD lines below the neutral region add further bearish confluence to the pair. AVAX/USD 4H ChartIf the bearish trend continues, AVAX could retest Sunday’s low of $11.24 over the next few hours or days. An extended bearish performance could see AVAX drop below the $10 psychological level.However, if the market recovers, AVAX could hit the first major resistance level at $12.5 in the near term.The post AVAX fails to rally after VanEck launches the first AVAX ETF in the U.S. appeared first on CoinJournal.
via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://coinjournal.net/news/avax-fails-to-rally-after-vaneck-launches-the-first-avax-etf-in-the-u-s/
via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://coinjournal.net/news/avax-fails-to-rally-after-vaneck-launches-the-first-avax-etf-in-the-u-s/
American Bitcoin’s BTC reserve has grown to 5,843 BTC since its Nasdaq debut.The company has achieved 116% BTC yield from Sept 2025 to Jan 2026.Trump family backs ABTC’s mining and crypto expansion strategy.American Bitcoin (ABTC), the publicly traded Bitcoin treasury and mining company backed by Eric Trump and Donald Trump Jr., has reached a major milestone in its cryptocurrency holdings.The company recently announced that its total Bitcoin reserve has increased to approximately 5,843 BTC.This accumulation represents a significant achievement since its Nasdaq debut on September 3, 2025.ABTC also reported a Bitcoin yield of around 116% over the period from its listing through January 25, 2026.American Bitcoin has increased its total Bitcoin reserve to ~5,843 BTC and achieved a BTC Yield of ~116% from its Nasdaq debut on September 3, 2025 through January 25, 2026. pic.twitter.com/xt095jZUNC— American Bitcoin (@ABTC) January 27, 2026Strategic accumulation and miningAmerican Bitcoin’s strategy combines direct market purchases with large-scale mining operations.The company operates Bitcoin mining facilities in North America, including a notable data centre in Vega, Texas.This dual approach allows ABTC to grow its reserves steadily while continuing mining operations.Early January saw the company adding 329 BTC, reflecting a consistent accumulation trend.The Trump-backed firm positions itself as a major participant in industrial Bitcoin mining, aiming to strengthen US leadership in the sector.Its public messaging emphasises the strategic importance of domestic Bitcoin production and energy use.By focusing on mining and treasury accumulation, ABTC mirrors the strategy of other top corporate holders like MicroStrategy.These companies treat Bitcoin as a long-term strategic asset rather than a short-term speculative holding.Trump family’s role in American BitcoinAmerican Bitcoin is part of a broader Trump family push into the cryptocurrency space.Eric Trump and Donald Trump Jr. have positioned the venture as a key component of the family’s crypto ecosystem.This includes investments in crypto apps, NFTs, and other digital assets.According to reports, the Trump family’s crypto ventures collectively generated over $1 billion in pretax earnings within roughly a year.The family also ties its crypto activities to a larger narrative of US innovation and market leadership.While the firm’s stock has experienced volatility since its Nasdaq debut, insiders remain bullish, viewing price swings as opportunities for growth.According to recent reports, American Bitcoin now ranks among the top 20 public companies in terms of Bitcoin reserves worldwide.Its holdings are valued at more than $500 million at current Bitcoin prices, underscoring the scale of its treasury.The company’s 116% BTC yield reflects strong performance relative to its initial listing price.American Bitcoin continues to expand its footprint in the crypto industry while maintaining public transparency regarding its holdings. Its growth demonstrates how family-backed ventures can combine mining operations with strategic treasury management.The company’s success may influence other institutional and corporate players considering Bitcoin accumulation.As American Bitcoin continues its trajectory, the Trump family’s influence in the cryptocurrency sector is likely to grow further.With strong reserves, consistent yield, and ambitious plans, American Bitcoin exemplifies the intersection of corporate strategy, crypto investment, and high-profile leadership.The post Trump family-backed American Bitcoin achieves 116% BTC yield appeared first on CoinJournal.
via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://coinjournal.net/news/trump-family-backed-american-bitcoin-achieves-116-btc-yield/
via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://coinjournal.net/news/trump-family-backed-american-bitcoin-achieves-116-btc-yield/
X (formerly Twitter)
American Bitcoin (@ABTC) on X
American Bitcoin has increased its total Bitcoin reserve to ~5,843 BTC and achieved a BTC Yield of ~116% from its Nasdaq debut on September 3, 2025 through January 25, 2026.
Pyth Network (PYTH) is now tradable on Robinhood, including in New York.PYTH’s price currently holds above key support at $0.0533.The next key resistance levels to watch are $0.0813, $0.1291, and $0.1720.Pyth Network (PYTH) is making waves after news of its official listing on Robinhood Crypto.The announcement came through Robinhood’s official X account on January 27, 2026, confirming that $PYTH is now available to trade, including in New York.$PYTH is now available to trade on Robinhood Crypto, including NY. pic.twitter.com/3SJsQZ2zbS— Robinhood (@RobinhoodApp) January 27, 2026This move adds significant retail exposure to the token and marks a notable milestone for Pyth’s adoption.Robinhood listing boosts PYTH’s accessibilityThe listing on Robinhood is especially important because it opens the doors to millions of retail investors.Robinhood has been actively expanding its crypto offerings, including staking and self-custody features, as well as derivative products in Europe.Adding PYTH aligns with Robinhood’s broader strategy of providing a diverse and accessible cryptocurrency suite.By making PYTH available on a mainstream platform, Robinhood increases the token’s visibility and liquidity.This could attract traders who were previously hesitant to explore altcoins outside major exchanges.The inclusion of PYTH also highlights the growing interest in blockchain oracle networks.Pyth operates as a real-time data oracle, supplying price feeds for cryptocurrencies, equities, and commodities.Its role in decentralised finance and data provisioning could make it a valuable tool in the broader blockchain ecosystem.Market reactionPYTH is currently trading around $0.05978, with a 24-hour gain of approximately 1.1%.The token’s market capitalisation stands at roughly $343 million, while its fully diluted valuation is around $597 million.Daily trading volume is healthy at nearly $18 million, indicating consistent market activity.The circulating supply is about 5.75 billion PYTH out of a total of 10 billion tokens.Despite the recent bounce, PYTH remains significantly below its all-time high of $1.20, reached in March 2024.The token’s all-time low occurred recently at $0.05333, reinforcing the importance of this level as a critical support.Historically, PYTH has shown resilience in trading, with modest volatility over one-day, seven-day, and one-month periods.This activity demonstrates a solid base from which the token could potentially stage a recovery.PYTH price outlookPYTH’s Robinhood listing has renewed interest in the token and strengthened its market presence.Notably, retail accessibility, growing liquidity, and its role as a blockchain oracle combine to create positive sentiment.Moving forward, traders should keep an eye on the support at $0.0533.Maintaining above this price is crucial for any sustained upward momentum.If the altcoin maintains the bullish momentum, the first major resistance lies at $0.0813.According to market analysis, a breakout above $0.0813 could open the path to the second resistance at $0.1291 and even the third resistance level at $0.1720.The post PYTH price holds above support after Robinhood listing, key resistance levels ahead appeared first on CoinJournal.
via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://coinjournal.net/news/pyth-price-holds-above-support-after-robinhood-listing-key-resistance-levels-ahead/
via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://coinjournal.net/news/pyth-price-holds-above-support-after-robinhood-listing-key-resistance-levels-ahead/
X (formerly Twitter)
$PYTH - Search / X
The latest posts on $PYTH. Read what people are saying and join the conversation.
For the average user, DEX security isn’t just an audit or a badge on the website.Even if a DEX offers excellent liquidity and security, users won’t stick around if every trade feels like a lottery.A DEX is more than just code; it’s an entire trading system. And the most important thing is how well this system works.As decentralized exchanges (DEXs) continue to capture market share from centralized giants, the conversation is shifting from basic smart contract functionality to complex data orchestration.Most platforms fail not because of flawed code, but because they cannot solve the ‘trilemma’ of high-load trading: ensuring deep liquidity, minimizing sub-second latency, and protecting users from sophisticated MEV (Maximal Extractable Value) attacks.In this deep-dive, we explore how production-grade DEX system architecture is engineered to survive extreme market volatility.Liquidity is the foundationFor the user, this means there won’t be large losses during exchange, trades will be executed at predictable prices, and there won’t be any sharp price spikes when trading medium volumes.Many projects try to buy money at the start with high interest rates, which attract those looking for quick profits, but these interest rates disappear as soon as income declines.A good fundraising strategy starts with planning pairs and exchange routes. A DEX shouldn’t rely solely on a single pool.It’s important to be able to automatically split orders across different pools and, if necessary, connect to liquidity aggregators.This can reduce exchange losses and ensure stable trades even if one funding source is temporarily unavailable.From day one you need to determine:● anchor pairs (base liquidity) with the most stable demand;● liquidity concentration ranges and rebalancing policy;● Long-term incentives for LPs, tied not to the token price, but to the volume and timing of liquidity provision.SafetyFor the average user, DEX security isn’t just an audit or a badge on the website.The key is to be confident that funds won’t disappear due to coding errors, price manipulation, or hacking.So, in a decentralized exchange, security isn’t a one-time measure, but an ongoing commitment.It’s important to protect against all aspects. Testing smart contracts is essential, but not enough.You need to consider economic attacks, how they behave during arbitrage, and in a bad market, not just check the code.It’s also important to protect against MEV threats: when someone preempts your trades, replaces them, or changes their order.All of this can negatively impact user experience and trust in the exchange.Indexer layers, off-chain settlements, API endpoints, and transaction signing interfaces also remain vulnerable. Therefore, the following are necessary:● monitoring the state of pools and liquidity anomalies;● alerting systems for devops and risk teams;● Automatic risk controls that limit extreme trading parameters.If a DEX operates reliably, even when the market fluctuates wildly, and can withstand various crises without issue, then its reputation will be better than any high interest rate.Why do users compare DEX with CEX?Even if a DEX offers excellent liquidity and security, users won’t stick around if every trade feels like a lottery.Traders are now comparing decentralized exchanges not to Web3 ideals, but to what they’re accustomed to on centralized platforms: speed, clarity, and convenience.DEX speed isn’t just about how quickly a block is confirmed; it’s about everything: how much you pay for gas, how fast the RPC nodes are, how responsive the interface is, and how clear it is about what’s happening with a transaction.By setting up smart contracts well, using batching, and thinking through a node/endpoint strategy, you can reduce costs and speed up response times so quickly that the user simply won’t have to think about the technical aspects.A common UX mistake is failing to explain what to do if something goes wrong. Users should clearly understand what happens if a transaction is…
Merehead
Decentralized Exchange Development Company
We specialize in decentralized exchange development focused on non-custodial trading and smart contract execution. Our DEX solutions are built for on-chain liquidity, security, and protocol scalability.
Chainlink joins GAKS to support KRW stablecoin standards and adoption.LINK price sees modest rebound on partnership and whale accumulation.Technical oversold conditions may trigger a short-term price recovery for LINK.Chainlink Labs has officially joined the Global Alliance for KRW Stablecoin (GAKS), a key initiative led by South Korean blockchain and gaming company WEMADE.Chainlink Labs has joined the Global Alliance for KRW Stablecoins (GAKS) led by WEMADE, a 600M+ user platform.https://t.co/PdTxmFvSbjThe alliance is advancing stablecoin standards in Korea by leveraging Chainlink's data, interoperability, compliance, & privacy standards. pic.twitter.com/QPTuTH4mEo— Chainlink (@chainlink) January 27, 2026The alliance was launched in November 2025 to promote the adoption and standardisation of Korean-won-backed stablecoins.Its goal is to ensure that KRW stablecoins meet both local regulatory requirements and global technical standards.GAKS brings together a diverse group of members, including security firms, fintech companies, and blockchain infrastructure developers.The inclusion of Chainlink Labs adds a major oracle network to the alliance’s roster, enhancing its technical capabilities.Chainlink’s role in developing the KRW stablecoins standardsChainlink’s participation in GAKS positions the company as a central player in establishing global technical standards for KRW stablecoins.By leveraging its oracle technology, Chainlink bridges blockchain networks with real-world data, ensuring that KRW-backed digital assets are transparent, reliable, and compliant.The alliance benefits from Chainlink’s expertise in data integrity and verifiable real-time information, which is crucial for institutional adoption.With this technology, KRW stablecoins can be confidently used in tokenised asset projects and other digital finance applications, both locally and internationally.Furthermore, Chainlink’s inclusion adds institutional credibility to GAKS. Its Oracle solutions are already trusted by major global institutions such as UBS, Mastercard, and Fidelity International, signalling that KRW stablecoins under this framework are built to meet high regulatory and security standards.GAKS, supported by Chainlink, is now well-positioned to drive real-world adoption of KRW stablecoins while maintaining transparency, trust, and technical robustness, a model that could influence other regulated stablecoin ecosystems worldwide.LINK price outlook as Chainlink joins GAKSThe announcement of Chainlink’s partnership with GAKS has provided a modest boost to LINK’s price, up over 1% in the past 24 hours, slightly outperforming the broader crypto market.This uptick reflects a combination of fundamental, technical, and market dynamics.The strategic partnership directly connects LINK’s utility to South Korea’s regulated stablecoin sector, reinforcing its role as critical infrastructure for institutional finance and real-world asset tokenisation.By participating in GAKS, Chainlink signals to investors that its technology is central to a compliant and high-growth market, which may support long-term demand for LINK.On-chain data also points to significant accumulation by large holders, who have withdrawn LINK from exchanges, reducing immediate sell-side pressure.This trend suggests that informed investors see current levels as a value opportunity, adding a foundation for price stability and potential rebounds.From a technical perspective, LINK was approaching oversold conditions, with RSI briefly dropping to 38.95 and the price testing the $11.38–$11.92 support zone.Chainlink (LINK) price analysisChainlink price chart | Source: TradingViewWhile the overbought conditions often precede short-term rebounds, as is currently the case, the broader market indicators remain cautious, with LINK trading below major moving averages, including the 200-day SMA around $16.056.A more meaningful reversal would likely require a break above $13.40 (7-day SMA).Overall, while LINK may see short-term gains from the GAKS partnership…
Wemade
Chainlink Labs Joins WEMADE-Led KRW Stablecoin Alliance 'GAKS' to Advance Korean Digital Asset Standards
위메이드는 상상을 실현하는 게임과 기술로 새로운 가치를 창조해 나갑니다.
Shiba Inu price trades near the resistance line of a falling wedge.If SHIB breaks out on robust volume, price targets include highs of $0.00001.Token holders are pulling assets off exchanges to signal bullish confidence.Shiba Inu (SHIB) is gaining fresh attention from traders as its price appears poised for a breakout, supported by a tightening wedge pattern on the daily chart.The token traded around $0.00000779, slightly up on the day as buyers ramp up pressure amid growing on‑chain accumulation.Data shows Shiba Inu price boasts a bullish technical structure, with analysts noting a potential move higher is on the horizon.Dogecoin, Pepe and Floki are also poised for an uptick.Shiba Inu: current price and market dynamicsAs of late January 2026, Shiba Inu hovers around the 0.0000078 level, trading in a tight range after a recent bounce from near 0.0000075.Recent declines and upticks see the cryptocurrency tracking a long-term falling wedge pattern.The pattern prints each successive low higher than the last and the upper trendline slopes downward.This indicates diminishing selling pressure, signalling the consolidation phase could pave the way for a major breakout, especially if volume begins to pick up on the upside.While SHIB’s price remains well below its 2025 highs, buyers are upbeat and are actively pulling tokens off exchanges.In one instance, token holders pulled more than 29 million SHIB from crypto exchanges in the past 24 hours. The data suggests active accumulation as a factor, and that means likely reduction in selling pressure.Historically, large outflows from major exchanges have pointed to smart money accumulation, a phase that often proceeds price explosion.This happens when rising demand follows a downtrend, which is what analysts are predicting will be the case as memecoins wake up.Shiba Inu price prediction: why SHIB tracks a potential breakoutAs noted, Shiba Inu’s technical outlook includes a falling wedge pattern on the daily chart.Shiba Inu Price ChartShiba Inu price chart by TradingViewThe token continues to trend lower, but is notably near the upper trend line amid signs of renewed buying interest.For bulls to confirm an upward breakout, the price would need to decisively clear resistance in the $0.0000085-$0.0000098 zone.Analysts say this should be on strong volume, with a surge above $0.00001 critical to near term continuation.Shiba Inu will benefit from positive vibes across the broader altcoin market, particularly if meme and utility tokens begin to gain traction.Bitcoin performance and investor appetite for high‑beta tokens like SHIB will also be critical.Developments across the Shiba ecosystem, Shibarium, and merchant adoption could all provide additional tailwinds.The post Shiba Inu price eyes breakout amid tightening wedge pattern appeared first on CoinJournal.
via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://coinjournal.net/news/shiba-inu-price-eyes-breakout-amid-tightening-wedge-pattern/
via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://coinjournal.net/news/shiba-inu-price-eyes-breakout-amid-tightening-wedge-pattern/
Ethereum (ETH) holds near $3,000 as institutions accumulate despite mixed short-term sentiment.Strong staking, wallet growth, and ETF inflows support Ethereum’s price floor.ERC-8004 could unlock AI-driven on-chain demand and long-term ETH value.Ethereum is entering a pivotal phase as price action, institutional flows, and protocol-level innovation begin to converge.After a volatile start to the year, ETH has reclaimed the $3,000 level, signalling renewed confidence among both traders and long-term holders.At the time of writing, Ethereum is trading near $3,010, with a market capitalisation of roughly $364 billion and a 24-hour trading range between $2,899 and $3,028.This recovery comes despite ETH still trading nearly 40% below its August 2025 all-time high near $4,946.The broader context suggests that Ethereum’s current consolidation may be less about weakness and more about preparation.Market structure shows resilience despite mixed sentimentEthereum’s recent dip below $3,000 was short-lived, as buyers stepped in aggressively to defend the psychological support level.On-chain data indicates that ETH is trading within a dense cost-basis cluster, which often reflects accumulation rather than distribution.The number of non-empty Ethereum wallets has reached a record high, highlighting continued network adoption even during periods of price uncertainty.Staking demand remains robust, with validator entry queues expanding while withdrawal activity stays relatively muted.This imbalance suggests that more participants are committing ETH to secure the network than looking to exit positions.Institutional behaviour further reinforces this trend, as reports indicate that companies and funds have added over one million ETH to their balance sheets in recent months.Spot Ethereum ETFs have also returned to net inflows after several days of outflows, led primarily by strong demand for Fidelity’s ETH product.However, selling pressure from US investors remains visible, as the Coinbase Premium Index continues to signal cautious domestic sentiment.Ethereum Coinbase Premium IndexEthereum Coinbase Premium Index | Source: CryptoQuantThis divergence between institutional inflows and retail hesitation has kept ETH locked in a tight range rather than triggering an immediate breakout.From a technical perspective, Ethereum faces near-term resistance around the $3,050–$3,100 zone, aligned with the 20-day exponential moving average.A decisive close above this region could open the door to a move toward $3,260, while a loss of $2,880 support would shift focus to lower demand zones near $2,775.Ethereum price analysisEthereum price chart | Source: TradingViewBullish long-term narratives remain intactDespite short-term consolidation, many traders argue that Ethereum’s broader market structure still supports significantly higher valuations.Several analysts point to historical cycle patterns and Wyckoff-style accumulation models that continue to project upside scenarios.In these frameworks, ETH’s current range is viewed as a re-accumulation phase rather than a topping formation.Some traders, like Annie and Bitcoinsensus, maintain that a sustained breakout could eventually place $10,000 ETH back on the table later in the cycle.This outlook is reinforced by steady growth in daily transactions, active addresses, and smart contract deployments across the network.Notably, Ethereum has achieved this activity growth while transaction fees have declined to multi-year lows, improving usability without sacrificing demand.Lower fees are often interpreted as a catalyst for long-term adoption, particularly for applications that rely on high transaction throughput.These structural improvements strengthen the long-term Ethereum price forecast as 2026 unfolds.ERC-8004 rollout adds a new fundamental catalystAgainst this backdrop, Ethereum is preparing for the mainnet rollout of ERC-8004, a new standard designed to support decentralised AI agents.ERC-8004 is going live on mainnet soon.By enabling discovery and portable reputation…
CoinJournal
10 Best Ethereum Wallets in 2026 | CoinJournal
Wondering what's the best Ethereum Wallets? Check out our comprehensive guide to find out which is the most suitable for you.
Bittensor (TAO) price gained 5% to intraday highs of $241.TAO rose as AI tokens rallied, with Render and Virtuals Protocol also up.Bulls target a breakout, with $240 as support amid potential macroeconomic tailwinds.Bittensor’s TAO token was showing strong bullish momentum as the artificial intelligence-linked cryptocurrency segment recorded notable gains.TAO ranked among the top performers over the past 24 hours, with traders eyeing a potential breakout above the $240 level.Beyond the broader AI narrative, improving market sentiment ahead of key macroeconomic events and earnings releases has helped drive renewed interest in the decentralised AI token.Bittensor price touches $240Bitcoin’s move to above $90,000 on Wednesday, and Ethereum’s uptick to $3,000 headlined crypto stories in early trading sessions on January 28.An anticipated Federal Reserve decision and Big Tech earnings, which highlight this week’s events, helped put risk assets back into an upward trajectory.As the top coins heave at resistance levels, Bittensor and other AI tokens rallied.TAO price jumped 5% as derivatives signalled retail interest, with trading volumes spiking alongside heightened open interest in futures markets.Having retested the $240 level and briefly touched $241, bulls are likely to regroup and power to new intraday highs.Macroeconomic tailwinds could catapult TAO higher.TAO gains as AI tokens rallyBittensor was not the only AI-linked token to post gains on the day.Rallies in Render, Virtuals Protocol and the Artificial Superintelligence Alliance placed all three among the top gainers within the top 100 cryptocurrencies by market capitalisation.RENDER, VIRTUAL, and FET rose between 5% and 9% over the past 24 hours, while smaller tokens such as Oasis, AI Companion and Kite recorded sharper advances.The broad-based move higher points to a renewed upswing in the AI crypto segment, underscoring the strength of the sector’s narrative, with Bittensor continuing to stand out through its subnet-based ecosystem.Improving sentiment across the category suggests potential accumulation, with large holders showing interest as asset managers roll out investment products that provide exposure to AI-focused digital assets.Bittensor price forecastBittensor’s architecture incentivises AI model contributions via competitive subnets, which is driving adoption and value accrual.Technical patterns signal a potential bullish breakout, with support targets above $240 likely if bulls dominate on strong volume.Bittensor TAO Price ChartTAO price chart by TradingViewOn the 4-hour chart, Bittensor sports positive momentum indicators, including RSI recovery and MACD.The latter paints a bullish crossover pattern, suggesting taking out bears above $240 might be pivotal for buyers.On the flip side, support lies around the $235-$230 area. Bulls will be eyeing the artificial intelligence narrative and the Fed.The post TAO price gains 5% as AI crypto segment posts broad rally appeared first on CoinJournal.
via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://coinjournal.net/news/tao-price-gains-5-as-ai-crypto-segment-posts-broad-rally/
via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://coinjournal.net/news/tao-price-gains-5-as-ai-crypto-segment-posts-broad-rally/
WisdomTree’s tokenised funds strengthen Solana’s institutional adoption narrative.SOL faces key resistance at $130 after forming support near $117.Rising on-chain activity boosts usage despite ongoing meme coin risks.SOL is currently trading around the mid-$120 range, having recently struggled to reclaim the psychologically important $130 level.Despite short-term weakness, broader developments within the Solana ecosystem suggest growing structural support beneath the price.At the centre of this renewed narrative is WisdomTree’s decision to expand its tokenised fund offerings onto the Solana blockchain.BREAKING: WisdomTree expands tokenized fund access to SolanaEnabling retail and institutional users to transfer, and hold @WisdomTreePrime’s full suite of regulated tokenized funds on Solana pic.twitter.com/HXxtSbKjns— Solana (@solana) January 28, 2026This move places Solana firmly within the accelerating real-world asset tokenisation trend led by traditional financial institutions.WisdomTree’s expansion of its tokenised funds to SolanaWisdomTree manages more than $150 billion in assets, making its presence on Solana a significant validation signal.By enabling tokenised money market, equity, fixed income, and allocation funds on Solana, WisdomTree is deepening institutional use cases for the network.The integration allows both institutional and retail participants to mint, trade, and hold regulated tokenised funds natively on-chain.Solana’s fast settlement speeds and low transaction costs appear to be key reasons behind WisdomTree’s expansion choice.This development strengthens Solana’s positioning as a blockchain capable of supporting regulated financial products at scale.Institutional adoption often acts as a slow-burning catalyst rather than an immediate price trigger.However, it can materially alter long-term demand dynamics for SOL as the network utility expands.Technical structure and speculative activity shape short-term outlookAt the same time, market participants are watching SOL’s technical structure closely.Recent price action has shown signs of a potential double-bottom formation around the $117 area.This pattern is often interpreted as a stabilisation phase following extended downside pressure.If SOL can maintain support above this region, technical traders see room for a move toward higher resistance zones.The $130 level represents a critical short-term barrier that has capped upside momentum.A clean break above $130 could shift market sentiment decisively toward a bullish continuation.Beyond technicals, on-chain activity across Solana continues to show mixed but notable signals.Meme token activity on Solana has experienced a surprising revival after months of reduced engagement.Platforms like Pump.fun have driven a surge in new token creation, approaching an eleven-month high.Hundreds of thousands of addresses have re-engaged with Solana’s meme economy in recent weeks.This activity has translated into rising decentralised exchange volumes and fee generation.While much of this participation is short-term and speculative, it still contributes to network usage.Higher transaction counts and fee flows indirectly reinforce SOL’s role as the network’s economic backbone.However, the meme token sector has also highlighted ongoing risks within Solana’s ecosystem.The rapid collapse of the LICK memecoin underscored persistent issues around insider concentration and token launch practices.Events like this can weigh on sentiment, particularly among more risk-averse investors.Nevertheless, speculative excess has historically coexisted with meaningful innovation during growth phases.The post Can SOL break past $130 as WisdomTree expands tokenised funds to Solana? appeared first on CoinJournal.
via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://coinjournal.net/news/can-sol-break-past-130-as-wisdomtree-expands-tokenised-funds-to-solana/
via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://coinjournal.net/news/can-sol-break-past-130-as-wisdomtree-expands-tokenised-funds-to-solana/
X (formerly Twitter)
WisdomTree Prime® (@WisdomTreePrime) on X
Save, Spend, & Invest digital assets like Bitcoin, Ether, Digital Gold & more!
Important Disclosure: https://t.co/bSWUks175x
Download the App Now! 👇
Important Disclosure: https://t.co/bSWUks175x
Download the App Now! 👇
Jupiter price jumped to above $0.23 as several altcoins pumped.Social chatter around airdrop activity and exchange integrations.JUP is also up for robust product adoption on Solana.Jupiter (JUP), the cryptocurrency token of Solana’s leading decentralized exchange, rose to highs of $0.23 on Wednesday, tracking intraday momentum across the broader market.The double-digit gains, which extend Jupiter’s uptick amid multiple key catalysts, mean another surge could bring the $0.30 level into view.Why is JUP price rallying this week?JUP is climbing alongside broader altcoin gains, with the token extending its rally to 13% over the past week.Bulls edged nearly 10% up in the past 24 hours, before a slowdown cut these to around 8% at the time of writing.After touching highs near $0.23, JUP traded around $0.21, but its latest rally reflects trader interest in Solana’s leading DEX aggregator.One key tailwind is the final Jupuary snapshot scheduled for January 30.Demand is spiking as users position for the potential 200 million JUP rewards. This event has amplified trading activity and liquidity provision ahead of the deadline.Meanwhile, Coinbase’s recent Solana integration further bolsters momentum. By enabling users to trade via Jupiter directly within the exchange, Coinbase puts the DEX on track for expansion to millions of retail traders.Elsewhere, Jupiter has established its footprint with product developments like JupUSD stablecoin and Jupiter Lend, with DeFiLlama metrics showing a sharp increase in revenue generated.Notably, Meteora, Jupiter and Uniswap saw huge revenues in 2025. Per data, the three platforms dominated other DeFi protocols’ fee revenue, with each generating well over $1 billion over the year.DEX volume has also increased significantly over the past week.Jupiter price prediction: Is $0.30 next?JUP’s price outlook is bullish amid the latest gain.While the long-term trend highlights the plunge from above $1 in 2025, resilience in the past weeks has technical indicators pointing to a possible momentum shift.The Moving Average Convergence Divergence (MACD) boasts a bullish crossover, while histogram bars have turned positive.Also alluding to renewed buying strength is the Relative Strength Index (RSI), which hovers near 58 on the daily chart.Except for a looming unlock of about 53 million JUP tokens, the overall picture is primarily positive.If transaction flows and user engagement hold firm, a breakout to $0.30 will highlight $0.60 as the next target.However, this confluence of catalysts could be overridden by broader market headwinds. JUP support lies in the $0.20-$0.18 area.Jupiter price reached its all-time high of $2.04 in January last year.The post Jupiter price prediction: JUP extends gains as bulls eye $0.30 next appeared first on CoinJournal.
via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://coinjournal.net/news/jupiter-price-prediction-jup-extends-gains-as-bulls-eye-0-30-next/
via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://coinjournal.net/news/jupiter-price-prediction-jup-extends-gains-as-bulls-eye-0-30-next/
CoinJournal
Jupiter price prediction: JUP extends gains as bulls eye $0.30 next
Jupiter price has retested the $0.23 resistance level amid key catalysts, and JUP bulls could eye $0.30 next
Grayscale has filed for an Sui ETF, boosting institutional interest in SUI.SUI currently trades at $1.41, facing key resistance at $1.55.Analysts warn of a possible short-term dip before a stable base forms.SUI, the native token of the Sui blockchain, is experiencing renewed optimism following Grayscale’s update to its S-1 form for a Sui-focused ETF.The proposed ETF would trade under the ticker GSUI on the NYSE Arca, and it is designed to include staking features, allowing investors to earn yield while holding the token.Coinbase will serve as the prime broker for the ETF, while the Bank of New York Mellon will provide administrative support.Other firms, including Bitwise and Canary Capital, have also filed for SUI-related products.These signals are growing institutional interest in the Sui ecosystem.The filings suggest that SUI may gain traction not only among retail investors but also professional investors seeking regulated exposure.Sui price analysisSUI is currently trading at $1.41, down 3.6% over the past seven days.Its 24-hour trading range has been narrow, between $1.40 and $1.45.Technical analysts point to $1.55 as the next key resistance level that traders should watch.A break above this point could pave the way for further gains toward $1.60 and $1.68.However, short-term support is currently around $1.40, and a decisive break below this could push SUI toward the $1.20–$1.30 range.The Relative Strength Index (RSI) suggests SUI may be oversold in the short term, providing potential for a rebound.Sui price analysisSui price chart | Source: TradingViewDespite this, some analysts caution that the recent bounce may be weak compared to larger cryptocurrencies like Bitcoin and Ethereum.They suggest that SUI could retest lower support levels near $1 or slightly above, before forming a more stable base.The 7-day range of $1.38 to $1.54 indicates volatility but also shows that buyers are still defending critical price zones.SUI price outlookInstitutional interest is growing as the broader crypto market navigates volatility.ETF filings from multiple firms demonstrate confidence in the long-term prospects of SUI.At the same time, historical performance shows that the altcoin has faced large swings, with an all-time high of $5.35 and a low of $0.3648.Even with these fluctuations, the token has gained more than 285% from its recent low, reflecting strong recovery potential.Trading volume remains healthy, with over $635 million exchanged in the last 24 hours.This liquidity can support price movements as the market reacts to ETF developments and technical patterns.If bullish momentum persists, the cryptocurrency may challenge the $1.55 resistance in the near term.Conversely, failure to break above key levels could result in a consolidation phase or minor pullback.The combination of institutional interest, ETF filings, and technical setups makes this a critical moment for SUI.Investors and traders will likely monitor both price action and regulatory updates closely.As the token navigates resistance and support levels, the next few weeks could determine its trajectory.With proper momentum, SUI could be poised for a renewed bullish phase, edging closer to $1.55.The post SUI price outlook: Grayscale Sui ETF filing lifts sentiment as token eyes $1.55 resistance appeared first on CoinJournal.
via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://coinjournal.net/news/sui-price-outlook-grayscale-sui-etf-filing-lifts-sentiment-as-token-eyes-1-55-resistance/
via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://coinjournal.net/news/sui-price-outlook-grayscale-sui-etf-filing-lifts-sentiment-as-token-eyes-1-55-resistance/
CoinJournal
Bitwise files for spot SUI ETF as competition intensifies in crypto fund market
Bitwise files for a spot SUI ETF in the US, adding pressure to the crypto ETF race and signalling rising momentum for altcoin-based funds.