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Bitcoin is seeing a surge in corporate interest. In just five days from June 16 to 20, 18 companies added a combined 12,010 BTC to their treasuries. That equals over $1.22 billion at its current price. Purchases and Planned Acquisitions Signal Institutional Momentum According to the update shared by @btcNLNico on X, two new firms,
The post $1.24 Billion in Bitcoin Added to Corporate Treasuries This Week appeared first on CoinGape.
Solana (SOL) is up 20% over the past seven days, supported by strong technical indicators and rising on-chain activity. Its Ichimoku Cloud and BBTrend charts both point to bullish momentum, with trend strength and volatility on the rise.
At the same time, Solana is reclaiming the top spot in DEX volume and dominating protocol fee rankings across major DeFi apps. With a recent golden cross on the EMA lines, SOL now looks set to test key resistance levels if momentum holds.
Solana Ichimoku Cloud chart shows a clear bullish structure, with price trading above both the Tenkan-sen and Kijun-sen. This alignment indicates strong short- and medium-term momentum, with buyers maintaining control.
The Kumo ahead is green and steadily expanding, which supports the continuation of the current uptrend. The distance between the price and the cloud also gives the trend some room before any potential weakness sets in.
The Chikou Span is positioned above the cloud and candles, confirming bullish confirmation from past price action. As long as Solana stays above the Kijun-sen and the cloud remains supportive, the trend bias remains upward.
Solana’s BBTrend is currently at 16.89, showing a strong increase from 1.88 two days ago, though slightly down from 17.54 yesterday. This sharp rise indicates that volatility and trend strength have recently expanded significantly.
The BBTrend, or Bollinger Band Trend indicator, measures the strength of a trend based on how far price moves away from its average range. Readings above 10 generally signal a strong trend in motion, while lower values reflect a range-bound or weak market.
With SOL’s BBTrend holding near elevated levels, it suggests the asset is still in a strong trending phase. If it remains high or rises again, it could support further upward movement—but a steady decline might hint at a slowing trend or consolidation ahead.
Solana is firmly reestablishing its dominance in the decentralized exchange (DEX) space, pulling ahead of Ethereum and BNB in daily volume.
Over the past 24 hours, Solana recorded $2.5 billion in DEX activity, marking a 14% increase over the last seven days. That growth outpaces Base’s 10% and contrasts sharply with the declines seen on Ethereum (-3%) and BNB (-9%).
More impressively, Solana’s seven-day DEX volume has surpassed the combined volume of Base, BNB, and Arbitrum.
Beyond trading volume, Solana is also leading in protocol revenue generation. Among the top eight non-stablecoin protocols ranked by fees, five are directly built on Solana: Pump, Axiom, Jupiter, Jito, and Meteora.
Pump stands out in particular, generating $2.73 million in fees in just the past 24 hours and $15 million across the past week.
Solana’s EMA lines recently formed a golden cross, a bullish signal that often marks the start of a new uptrend.
This crossover suggests momentum is shifting in favor of buyers, with the potential for Solana price to soon test key resistance levels.
If the current trend holds, Solana could challenge resistance around the $136 zone. A breakout there may open the path toward higher levels such as $147, $160, and even $180 if bullish pressure intensifies.
However, if momentum fades, Solana may face a pullback toward the $124 support zone. A break below that could trigger deeper downside moves, potentially revisiting $112 or even $95 if selling pressure accelerates.
The post Solana (SOL) Jumps 20% In a Week With DEX Volume and Protocol Fees Soaring appeared first on BeInCrypto.
Token unlocks continue to shape the crypto market, influencing wider sentiment and liquidity. This week, three projects—StarkNet (STRK), TRUMP, and Polyhedra Network (ZKJ)—are scheduled for major unlocks.
Both TRUMP and Polyhedra are about to unlock tokens worth more than 20% of their market cap. Here’s what to know.
Unlock Date: April 18
Number of Tokens to be Unlocked: 40 million TRUMP (4.00% of Max Supply)
Current Circulating Supply: 199 million TRUMP
US President Donald Trump’s OFFICIAL TRUMP meme coin is about to unlock new tokens worth 20% of its market cap. On April 18, 40 million TRUMP tokens will be released, with a combined market value of $338.57 million.
Of this, 36 million tokens (10%) are assigned to Creators & CIC Digital 1, while 4 million tokens (10%) go to Creators & CIC Digital 4.
Overall, with such a massive amount unlocked, this release is likely to impact volatility. TRUMP is currently down more than 30% this month.
Unlock Date: April 15
Number of Tokens to be Unlocked: 127.60 million STRK (1.28% of Max Supply)
Current Circulating Supply: 2.9 billion STRK
StarkNet is an Ethereum Layer 2 scaling solution built with STARK-based zero-knowledge rollups. Its role is to enhance throughput and reduce gas costs. STRK is the network’s native utility and governance token.
On April 15, 127.60 million STRK tokens will be unlocked, representing $16.71 million in value—roughly 4.40% of the current market cap. Of this, 66.92 million tokens (3.34%) are allocated to early contributors, and 60.68 million tokens (3.34%) to investors.
Also, STRK has declined over 26% in the past month and is currently down nearly 100% from its February 2024 all-time high.
Unlock Date: April 19
Number of Tokens to be Unlocked: 15.50 million ZKJ (1.55% of Max Supply)
Current Circulating Supply: 60 million ZKJ
Polyhedra Network delivers blockchain interoperability through its zkBridge technology. It enables cross-chain messaging, asset transfers, and storage with zero-knowledge proofs.
The April 19 unlock includes 15.50 million ZKJ tokens, valued at $35.16 million—25.7% of ZKJ’s market cap.
The release consists of 8.47 million tokens (2.65%) for ecosystem and network incentives and 2.61 million tokens (1.74%) for community, airdrop, and marketing.
Meanwhile, 3.61 million tokens will be allocated for foundation reserves, and 800,000 tokens for pre-TGE token purchasers.
Also, ZKJ is currently up 10% over the past month.
Overall, this week’s unlocks collectively introduces over $400 million worth of new tokens into the market. While some projects face downward pressure, others like ZKJ show positive momentum.
As always, traders should monitor token distribution closely to assess potential shifts in market sentiment and liquidity.
The post 3 Token Unlocks for the Third Week of April 2025 appeared first on BeInCrypto.
As leading coin Bitcoin weathers one of its most bearish weeks since the start of the year, on-chain data suggests that miners have contributed significantly to the growing sell-side pressure.
On-chain data reveals that miners on the Bitcoin network have ramped up their coin-selling activity, a trend that could exacerbate the downward pressure on the coin’s price.
According to CryptoQuant’s data, the BTC miner reserve has steadily decreased this week. As of this writing, it stands at 1.80 million BTC, down 1% from the previous week.
The BTC’s miner reserve tracks the number of coins held in miners’ wallets. It represents the coin reserves miners have yet to sell.
When the metric climbs, miners are holding onto more of their mined coins, often signaling confidence in future price increases. Conversely, when the reserve declines like this, miners are moving coins out of their wallets, usually to sell, confirming growing bearish sentiment against BTC.
The coin’s negative miner netflow further confirms this trend. As of April 10, this was -590.40. BTC’s miner netflow tracks the difference between the amount of coins sent to exchanges versus what is withdrawn.
When its value is negative like this, more coins are being moved from miner wallets to exchanges, typically a precursor to selling.
With added downward pressure from this segment of BTC holders, the coin’s price could see deeper corrections in the short term if buying interest fails to counterbalance the ongoing liquidation.
On the daily chart, BTC remains significantly below its Super Trend indicator, which forms dynamic resistance above its price at $90,911.
This indicator tracks the direction and strength of an asset’s price trend. It is displayed as a line on the price chart, changing color to signify the trend: green for an uptrend and red for a downtrend.
When an asset’s price trades below its Super Trend indicator, selling pressure dominates the market. This bearish trend could further prompt BTC holders to sell, worsening its price dip. If this happens, the coin’s price could fall below the key support at $80,776 to trade at $74,389.
However, if market sentiment improves and coin holders reduce their selling activity, BTC could reverse its downtrend and rally to $86,172.
The post Bitcoin Faces More Downside as Miners Join the BTC Selloff appeared first on BeInCrypto.