Author: Monicah W

South Korean presidential candidates are making Bitcoin ETF approvals a central campaign promise as they compete for the support of the country’s substantial cryptocurrency voting bloc ahead of the June 3 election. Democratic Party leader Lee Jae-myung announced on May 6 his commitment to legalizing spot crypto ETFs, alongside promises to lower transaction fees and enhance consumer protections.

Candidates eye 16m crypto vote bank with Bitcoin ETF promises

The race to secure support from South Korea’s massive cryptocurrency voting bloc has intensified as presidential candidates recognize the electoral power of the country’s 16 million crypto investors. As per research published by Point Daily, these investors make up almost 36% of the 44.25 million eligible voters in South Korea.

Because of how widely used cryptocurrencies are in South Korea, crypto policy has become a key campaign issue. In Korea, the market value of bitcoin has surpassed 2,600 trillion won. It is currently on par with the total worth of all businesses included in the Korea Composite Stock Price Index (KOSPI).

The ruling People Power Party has shared seven major crypto-related initiatives on its platform. These include eliminating the one-exchange-one-bank arrangement, making it official for corporations to trade virtual assets, allowing spot trading of Bitcoin ETFs within the year, and making South Korea a global center for virtual assets.

Democratic Party leader Lee Jae-myung’s May 6 announcement marked his first mention of cryptocurrency policy during the campaign. Lee framed his crypto-friendly proposals as part of a plan to provide better investment opportunities for Korea’s youth. He stated, “I will create a safe investment environment so that young people can [build] assets and plan for the future,” according to The Korea Economic Daily.

Lee’s Democratic Party currently leads in the polls with 42% support, based on a survey conducted by Korea’s National Barometer Survey between April 24 and 30. The acting president, Han Duck-soo, trails with just 13% support. In addition, with both major parties now actively courting crypto voters, Bitcoin ETF approval has surfaced as a common promise in their respective platforms.

Candidates promise crypto reforms to get votes

South Korea’s existing regulatory environment for cryptocurrency includes a number of restrictions that both of the top contenders are now vowing to alter. Perhaps the most controversial policy is the “one-exchange-one-bank” policy. This policy restricts cryptocurrency exchanges from relying on a single bank for real-name verification services. The policy has been criticized for inhibiting market competition and restricting user choice.

The People Power Party has also pledged to eliminate this regulation as part of its seven flagship crypto initiatives. Institutionalizing corporate virtual asset trading is also on its agenda. This would allow corporations to deal more directly with the cryptocurrency market.

Lee Jae-myung’s proposals cover spot Bitcoin ETFs, lower transaction fees, and implement stronger consumer protections. His announcement contained limited information on when things will commence.

Commitments by both sides to the approval of spot Bitcoin ETFs would align South Korea with other major economies like the United States, which approved spot Bitcoin ETFs. In addition, this regulatory alignment would most likely trigger institutional investment in cryptocurrencies in South Korea. Crypto ETFs are becoming extremely popular in the United States. As per a recent rumor, Binance founder CZ was reportedly involved in the Binance Coin ETF filing.

In one of the recent filings, Bitwise also filed for a NEAR ETF with the US SEC. This has been a common pattern with the surge in altcoin ETF filings.

The post South Korean Presidential Candidates Eye 16M Crypto Votes with Bitcoin ETF Promises appeared first on CoinGape.

The crypto market is gaining today, May 7, ahead of the FOMC meeting in which Fed Chair Jerome Powell is expected to announce an interest rate decision. The market has already priced in zero rate cuts, and the focus is on Powell’s speech and whether he will signal cuts in June. If the Fed Chair makes a dovish speech, USA altcoins will be a good choice for crypto investors to buy, as they are poised to make notable gains.

Altcoins on Edge Ahead of Fed’s Powell Speech

Investors are in consensus that the Fed will leave rates unchanged between 4.25% to 4.50% at today’s meeting. However, attention is shifting to what Powell will say in his speech, with analyst Daan Crypto stating,

“The Fed is expected to keep rates the same. The market will be eager to watch for any dovish or hawkish changes in their tone, which has been pretty mixed recently.”

Data from CME FedWatch Tool further shows that 30% of investors expect the Fed to trim rates in June, and this figure will likely change based on what Powell says today. If the speech builds optimism, crypto prices, especially USA altcoins, are poised to rally as investors rush to buy.

Moreover, President Trump will likely react to Powell’s speech today and the Fed’s failure to lower rates. This reaction may also spike the market’s volatility, as was the case last month when crypto prices dropped after Trump openly criticized Powell.

If Powell’s speech is hawkish, traders should anticipate a price crash for Bitcoin and altcoins, as this will mean a stronger dollar that will affect demand for risk assets. In a note to investors, the Commonwealth Bank of Australia acknowledged this, saying,

“Another possible source of support for the dollar is today’s (Fed) meeting… if Chair Powell strikes a hawkish tone to assert his independence from political influence.”

As speculation about the impact of this event on crypto prices grows, investors may consider to buy USA altcoins as these will likely perform well if Powell is dovish and if his speech also supports recovery for the greenback.

USA Altcoins to Buy Today For Notable Gains

Some of the best USA altcoins to buy today for notable gains include Ripple (XRP), Solana (SOL), and Chainlink (LINK). These crypto tokens have a bullish outlook and strong fundamentals that could aid a notable price recovery based on the direction that the Fed takes after the FOMC meeting.

XRP Price Targets $2.94

If the Fed’s speech is bullish for crypto tokens, XRP is one of the top USA altcoins to buy for notable gains as it tests resistance at the 50-day SMA level of $2.17, and if it can successfully move above this price to aim for $2.40, it will create the next bullish leg to $2.94. However, this uptrend will occur if the AO bars shift to green and rise to indicate that the momentum is bullish.

Solana Price Defends Support, Aims for $180

The price of Solana is defending a key support level at $139, as the volume histogram bars indicate that buyers have been dominant in the last three days. Meanwhile, the RSI above 50 confirms a bullish Solana price prediction as the Bollinger bands tighten to suggest a looming breakout. If the breakout occurs, traders should anticipate a move past $180, making SOL among the best made-in-USA altcoins to watch.

Chainlink Price Eyes Gains As Long Positions Surge

The Chainlink price forecast is also bullish after the long/short ratio on the Binance exchange showed that 65% of traders have opened long positions on the token. The build-up in long positions suggests that most futures traders are bullish on this USA altcoin and anticipate notable gains. This outlook could see more investors flock to buy LINK, and this will be even more possible with a dovish speech by the Fed Chair.

Summary of Top USA Altcoins to Buy

The crypto market will likely extend gains if the Fed Chair signals interest rate cuts in June while giving his speech today. If this happens, some of the top USA altcoins to buy for notable gains include XRP, SOL, and LINK, which eye notable gains as the technical outlook and futures data show a bullish outlook.

The post 3 USA Altcoins to Buy if Fed Signals Rate Cuts in June appeared first on CoinGape.

US Treasury Secretary Scott Bessent has provided a timeline for when talks will begin to settle the ongoing US China trade war, following yesterday’s reports of a restart of trade talks between the two largest economies. The BTC price is eyeing a breakout to $100,000 due to the optimism of a potential agreement between the two countries.

US China Trade War: Talks To Begin On Saturday

In a hearing before the House Financial Services Committee, US Treasury Secretary Scott Bessent revealed that negotiations with China will begin on May 10 in Switzerland. Contrary to earlier reports, Bessent noted that this is just the beginning of trade talks between both countries and not ‘advanced’ discussions.

As CoinGape reported, the Bitcoin price surged past $96,000 and even touched $97,000 following reports of a restart of trade talks between both countries. However, the BTC price quickly dropped below $97,000 following Bessent’s statement that the US-China trade talks haven’t advanced.

The US China trade war has been one of the highlights of Donald Trump’s tariffs and has continued to negatively impact the market. Both countries have raised tariffs to 145% and 125%, respectively.

Meanwhile, it is worth mentioning that the US Treasury Secretary revealed yesterday that they are close to reaching an agreement with 17 out of 18 key trading partners, with China being the exception.

During today’s hearing, Bessent declined to mention the exact countries, stating that doing so would be detrimental to US interests. However, he remarked that some trade negotiations are quite advanced towards agreements in principle.

Will BTC Price Break Above $100k Amid This Development

Crypto analyst Crypto Zeinab has predicted that the Bitcoin price could break above $100,000 amid the upcoming US China trade war talks. In an X post, the analyst noted that Bitcoin is now establishing the next leg of upside after a clean and clear retest of the support range.

Zeinab added that the Bitcoin price is aiming for $118,000, a new all-time high (ATH), followed by a rally to $130,000, which are the 1.272% and 1.618% Fibonacci levels.

With the BTC price holding above $93,500, crypto analyst Rekt Capital predicted that the flagship crypto could break above the $97,000 to $99,000 range and possibly touch $100,000. The analyst also remarked that Bitcoin’s downside deviation may be over.

The post Will BTC Price Break $100k As US China to Begin Trade Talks On May 10? appeared first on CoinGape.

The crypto market’s uncertainty before the FOMC meeting results has favored the Kaito token price and others. In the last 24 hours, this trending altcoin has surged nearly 50% and is attempting to go higher amid optimistic investors. Others like Bitcoin, Ethereum, etc, are also up, but KAITO is the biggest gainer of the day. Why? Let’s discuss the key details around its uptrend and what’s coming next.

Kaito Token Price Explodes Today Amid Key Developments

Although the FOMC meeting result hype is pumping the entire crypto market, the Kaito token price is up amid its key developments. KAITO’s integration with Huma Finance’s Yapper leaderboard and others allows Yapper (users) to earn rewards, boosting investors’ sentiments.

Another factor catering to community engagement is the launch of KAITO’s ‘Earn and Drop’ campaign with the PayFi Network BOOP.

Not to mention, the Kaito team rewarded the community with more than $71M in rewards, aside from the airdrop. These catalysts together resulted in the 50% rally today and more than 70% from its previous month’s dip.

At present, it trades at $1.27 after hitting a month high at $1.41 per CoinMarketCap. With a 70% surge in its trading volume to $651.86M, the Kaito token is booming with investor activity and a rally.

Kaito Token Price Prediction: Will KAITO Rally or Crash Next?

Despite the new launch amid the neutral to bearish market conditions, KAITO received significant attention, hitting an ATH at $2.92 days after launch. Following that, a long downtrend began before trends changed today.

Crypto expert ALTF4 and others’ Kaito price predictions reveal that the token has broken out of a descending trendline, resulting in a bullish uptrend.

The key technical indicators reveal that the holders bear strong buying pressure.

As a result, experts foresee a $1.50-$1.75 price target based on a rounded bottom pattern and signs of bullish reversal. However, the dominance in sellers’ activity and other factors could hinder the rally, signaling the uncertainty.

The post Why Kaito Token Price Exploded 50% Today & What’s Next? appeared first on CoinGape.

XRP price could soar to $20 if Ripple’s leadership aligns with Binance’s CZ, who predicts $1M Bitcoin surge soon.

Ripple price set for parabolic rally as Changpeng Zhao says Bitcoin will hit $500,000 – $1 million

Ripple (XRP) bulls gained momentum Tuesday after Binance founder Changpeng Zhao predicted Bitcoin will eventually hit $500,000 to $1 million. Speaking during a recent interview, CZ cited growing institutional interest and US state-level crypto reserve bills as major catalysts.

XRP consolidates above $2.10, shedding 0.2% in 24 hours, while trading volumes spiked to $4.8 billion. Market analysts believe CZ’s bullish BTC projection may push altcoins like XRP toward new peaks.

Notably, Ripple price is up 292% on the 1-year timeframe, outpacing Bitcoin’s 56% uptick over the same period. With altcoin ETFs under SEC review and the XRP Futures ETF already live on Nasdaq, corporate investors could view XRP as a more profitable asset than BTC.

Market participants now speculate whether Ripple’s founder, Brad Garlinghouse, will respond to CZ’s statement. His endorsement could validate a long-term bullish trajectory for XRP price, especially ahead of SEC’s ETF verdict expected June 17.

If Bitcoin price follows CZ’s projected path, XRP price may repeat previous patterns where it closely-tracked BTC rallies to all time highs in 2021 and 2024 respectively.

XRP’s unique positioning as a bridge currency across cross-border payment platforms may amplify that effect.

What does CZ’s Prediction Mean for XRP Strategic Reserve Prospects?

CZ’s optimistic forecast highlighted two macro drivers: Bitcoin ETFs and state-level legislation for crypto reserves. These tailwinds may also lift XRP.

Ripple’s ecosystem is already gaining exposure via the XRP Futures ETF listed on Nasdaq. With a spot XRP ETF decision expected June 17, institutional investors are now watching closely. If approved, XRP would gain direct access to the same capital pipelines that boosted BTC after spot ETF approvals in January.

The second catalyst—crypto reserve adoption by U.S. states—also puts XRP in the spotlight. Though current laws prioritize BTC, CZ’s earlier March 2 executive order listed XRP among the five key digital assets for reserves.

That early inclusion positions XRP as a possible secondary reserve asset, despite BTC currently dominating the conversation.

The dual bullish catalyst from XRP ETFs approvals and US treasury investments could makes XRP a candidate for synchronized gains if BTC price surges towards $1 million as CZ predicts.

Here’s Ripple Price Prediction if Bitcoin Hits $1 Million According to Changpeng Zhao’s Prediction

Ripple (XRP) is currently trading around $2.10 per coin, with a market capitalization of $124 billion as of May 7. At this level, XRP is up 22.5% month-to-date and riding a wave of institutional optimism.

If Bitcoin reaches $1 million, as CZ projects, XRP could plausibly rally 8x from current levels. This would place XRP near the $20 mark, assuming it maintains relative correlation to BTC’s market momentum.

In 2017 and 2021, XRP tracked Bitcoin’s parabolic surges with a lag. But with ETFs, clearer U.S. regulation, and payment network expansion, this cycle could see a more closely synchronized move.

A $20 XRP would give it a market cap above $1.2 trillion, putting it in competition with Ethereum for second place.

Howver, such a move would depend on ETF approval, continued legislative alignment, and active endorsement from Ripple executives. As the June 17 SEC decision approaches, market attention will shift toward regulatory signals.

XRP Price Forecast Today: Bulls Eye Recovery to $2.33 as Trendline Support Holds

XRP price is trading at $2.12, marginally down 1.49% on the day, but remains structurally bullish despite the recent retracement.

As seen in the XRPUSD daily chart below, XRP price consolidating just above its ascending trendline support, a critical level that has sustained the broader uptrend since late March.

A retest of the $2.08 support level on Wednesday, coinciding with the trendline and 100-day SMA, suggests that bulls are defending this zone with conviction, preventing a deeper breakdown toward $1.90.

The daily chart shows XRP remains wedged between the 50-day SMA at $2.17 and the lower support band, setting the stage for a technical pivot.

While the recent pullback pierced below both the 10-day and 21-day EMAs, the price has not formed a lower low, suggesting the uptrend remains intact.

XRP price forecast today remains bullish if support at $2.08 holds and price breaks above the $2.17 level again, which would likely trigger a short-covering rally toward the $2.33 resistance, the next key supply zone marked by the 200-day moving average.

Conversely, failure to reclaim $2.17 in the coming sessions would shift the near-term risk back to $2.00 and possibly $1.90.

The post Will XRP Price Hit $20 If XRP Strategic Reserve is Approved appeared first on CoinGape.

The post Bitcoin (BTC) Hits $94,000, But Ruvi AI (RUVI) Could Be The Crypto To Turn $500 into $70,000 appeared first on Coinpedia Fintech News

Bitcoin (BTC), the original cryptocurrency, has recently made a powerful return to prominence, holding steady at an impressive $94,197. Institutional inflows and Bitcoin’s dominance surging to 70% highlight its strong market position.

However, while Bitcoin sits atop the crypto mountain, savvy investors are turning their heads to Ruvi. A rising star in the blockchain world, Ruvi combines AI technology with deflationary tokenomics, making it a compelling investment opportunity for those eager to capture outsized returns.

Here’s everything you need to know about Bitcoin’s latest market trends and why Ruvi could be your moment to seize the future of cryptocurrency investing.

Bitcoin’s Performance and Resilience

This week, Bitcoin weathered a correction, dipping slightly before finding support at the $93,500-$94,000 level. Market analysts expect BTC to approach new all-time highs this year, with the cryptocurrency already boasting robust institutional support and staggering inflows of $4.5 billion into spot Bitcoin ETFs. Bitcoin remains the gold standard for digital assets, but even it lacks the innovative edge that emerging projects like Ruvi bring to the table.

Could Ruvi be the next investment unicorn? Its AI-driven blockchain applications and unique presale structure are setting it apart from the pack.

What Is Ruvi and Why Is It Special?

Ruvi is more than just another cryptocurrency. It’s a technological revolution that seamlessly integrates artificial intelligence into blockchain frameworks to solve real-world problems. Whether it’s fraud detection, predictive analytics, or operational efficiency, Ruvi is applying its cutting-edge tools across multiple industries.

Why Investors Love Ruvi:

1. AI Meets Blockchain: By combining the analytical power of AI with the transparency of blockchain, Ruvi creates use cases far beyond simple payments or speculative trading.
2. Scarcity-Driven Value: Ruvi has a capped token supply of 1.5 billion tokens, ensuring value appreciation as demand grows.
3. Presale Rewards: Ruvi’s tiered bonus structure is one of the most generous in the market, giving early investors massive upside potential.

The Ruvi Presale Opportunity

Ruvi’s presale isn’t just a chance to buy tokens; it’s an opportunity to lock in life-changing profits. Here’s how Ruvi’s bonus structure ensures you get more bang for your buck.

$750 Investment

Put in $750, and you get 75,000 tokens. A 40% bonus adds another 30,000 tokens, bringing your total to 105,000 tokens. At a future valuation of $2.50, your investment could soar to $262,500.

$4,000 Investment

With $4,000, you secure 400,000 tokens, plus an 80% bonus, giving you 720,000 tokens. At $3.90 per token, that’s a jaw-dropping $2.81 million!

$12,000 Investment

If you’re ready to go big, $12,000 buys you 1.2 million tokens, which doubles to 2.4 million tokens with Ruvi’s 100% bonus. Should Ruvi hit a future valuation of $4.00, your investment would skyrocket to $9.6 million.

Timing Is Everything

While Bitcoin’s early adopters reaped massive gains, its best growth phases may already be behind it. On the other hand, Ruvi is still in its infancy, offering smarter tools and bigger rewards for early believers. Every phase of the Ruvi presale brings higher token prices and lower bonus rates, making NOW the prime time to invest.

Why Ruvi Outshines Bitcoin

Bitcoin changed the financial world. Ruvi is set to evolve it further by blending AI innovation with blockchain infrastructure. While Bitcoin will always enjoy “blue-chip” status, its lack of utility in sectors beyond finance makes it less versatile than projects like Ruvi. Investors seeking exponential returns are looking for what’s new, exciting, and packed with intrinsic value.

Take Action Before It’s Too Late

Ruvi is destined to disrupt industries and redefine what’s possible in blockchain technology. Don’t miss the chance to be part of this revolution from the ground floor. Head to the official Ruvi presale site today, secure your token allocation, and lock in exclusive bonuses before they’re gone.

Learn More

• Whitepaper:  https://docs.ruvi.io
• Telegram: https://t.me/ruviofficial
• Twitter/X: https://x.com/RuviAI
• Try RUVI AI: https://web.ruvi.io/register 

The post Bitcoin (BTC) Hits $94,000, But Ruvi AI (RUVI) Could Be The Crypto To Turn $500 into $70,000 appeared first on Coinpedia Fintech News
Bitcoin (BTC), the original cryptocurrency, has recently made a powerful return to prominence, holding steady at an impressive $94,197. Institutional inflows and Bitcoin’s dominance surging to 70% highlight its strong market position. However, while Bitcoin sits atop the crypto mountain, savvy investors are turning their heads to Ruvi. A rising star in the blockchain world, …

The post What Crypto to Buy Now Before Q3? Traders Say This Undervalued Asset Could Be the Next Big Gainer appeared first on Coinpedia Fintech News

As Q2 winds down and investors prepare their portfolios for the next quarter, one question is being asked across trading forums and crypto groups alike: What crypto to buy now before Q3 hits? While plenty of familiar names are being tossed around, a growing number of traders are shifting their attention to a project still in presale — one that’s being labeled by some as the most undervalued asset in the DeFi space right now.

That project is Mutuum Finance (MUTM) — a decentralized lending protocol that offers actual utility, sustainable rewards, and a clear long-term plan. With the token currently priced at $0.025, and its fourth presale phase already over 65% sold, buyers are moving quickly to secure a position before the next price jump. The current price is still one of the lowest it will ever be — and that’s exactly why FOMO is starting to take hold.

Mutuum Finance (MUTM)

Mutuum is more than just another crypto coin. The project is building a non-custodial platform where users can lend and borrow digital assets, access liquidity without selling their holdings, and earn yield from real protocol activity. It introduces mtTokens, which users receive when they deposit supported cryptocurrencies. These mtTokens accrue interest over time and can also be staked to earn MUTM rewards — giving users multiple ways to benefit from participation.

Borrowers on the platform can lock up overcollateralized assets and choose between stable or variable interest rates. There are no fixed repayment dates, and as long as the collateral value stays above the required threshold, positions remain open. This level of control and flexibility is part of what makes Mutuum appealing — especially for traders looking to maximize their crypto investment without exiting their long-term positions.

Mutuum is also preparing to introduce its own overcollateralized stablecoin, designed to provide decentralized access to stable liquidity backed entirely by on-chain assets. Unlike centralized stablecoins or algorithmic versions with weak backing, Mutuum’s stablecoin will be created only when users deposit sufficient collateral into the platform.

This opens up new opportunities for borrowing and yield generation while helping the protocol strengthen its treasury. Interest from stablecoin-based loans flows directly into the system — benefiting users and reinforcing the broader token economy. It’s another layer of utility that positions MUTM not only for short-term growth but also long-term relevance.

MUTM comes with a total supply of 4 billion tokens, allocated across development, incentives, liquidity, and community growth in a way that supports both scalability and sustainability. A significant portion is reserved for presale buyers, with additional tokens designated for platform rewards, ecosystem contributors, and strategic partnerships.

This structure encourages early adoption while ensuring that tokens are distributed across real users and contributors — not just insiders. It also supports consistent growth, especially as Mutuum’s buyback-and-distribute model uses platform revenue to purchase MUTM on the open market and reward active participants. This creates built-in demand that scales with usage, helping support long-term token value.

With more than 446 million tokens already sold and over 9,500 holders, the window to buy at $0.025 is closing fast. Once the current presale phase ends, the price will increase to $0.03, followed by a $0.06 launch price. But it’s what comes after that has early buyers excited.

Market projections suggest that the token could surge well beyond launch value, with realistic short-term targets of $0.30 to $0.95. At those levels, anyone buying in now would be sitting on substantial gains — even before considering the passive earning potential built into the platform. That’s why many traders are treating this presale phase as the last low-entry opportunity before the momentum really kicks in.

If you’re scanning the market trying to figure out which cryptocurrency to invest in before Q3, Mutuum Finance checks every box. It’s functional, forward-looking, and priced well below its projected value. With real lending and borrowing infrastructure, a stablecoin on the way, and tokenomics that tie value to actual usage, MUTM is shaping up to be more than just a trending asset — it’s becoming a real contender for long-term portfolios.

The presale is moving quickly, and as demand builds, this may be the final phase where everyday investors can get in before the surge. For those watching the top cryptocurrencies to buy now, this might be one of the most overlooked yet high-potential assets heading into Q3.

For more information about Mutuum Finance (MUTM) visit the links below:

Website: https://www.mutuum.finance/

Linktree: https://linktr.ee/mutuumfinance

The post What Crypto to Buy Now Before Q3? Traders Say This Undervalued Asset Could Be the Next Big Gainer appeared first on Coinpedia Fintech News
As Q2 winds down and investors prepare their portfolios for the next quarter, one question is being asked across trading forums and crypto groups alike: What crypto to buy now before Q3 hits? While plenty of familiar names are being tossed around, a growing number of traders are shifting their attention to a project still …

The post Solana Faces On-Chain Weakness After $150 Rejection: Is a Price Pullback Ahead? appeared first on Coinpedia Fintech News

The crypto market has become more unpredictable as investors wait for the Federal Reserve’s decision on interest rates. Recently, the price of SOL went up and got close to $150, but it couldn’t break through and was pushed back down. This caused a drop in some key on-chain metrics, as investors started diverting their investment. Experts believe that if the Fed lowers interest rates, it could help the market recover and reduce the current selling pressure for SOL.

Solana’s Network Activity Plunges Hard

Solana has been going through a period of high price swings in the last several hours. After failing to stay above the $150 mark, a large wave of liquidations took place, according to data from Coinglass. In the past 24 hours, over $7 million in Solana positions were wiped out. Of that, about $1.61 million came from buyers who were betting on prices going up (long positions), while sellers closed around $5.42 million worth of positions.

One reason Solana’s price is struggling to rise is the decline in network activity. Data from The Block shows that the number of active addresses on Solana has fallen sharply in recent weeks: from a high of 4.12 million to a low of 3.31 million. The number of new addresses has also taken a hit, dropping from 4.11 million to 3.2 million. This overall decline in usage is making it harder for Solana to break through its current price resistance.

Also read: Solana Price Prediction 2025, 2026 – 2030: SOL Price Targets $500 Next?

The market is now closely watching today’s U.S. Federal Reserve meeting, which could bring new volatility. While Donald Trump’s recent comments have sparked positive hope, the CME FedWatch Tool shows only a 2.3% chance of a rate cut happening today. Most experts expect the Fed to keep interest rates steady at 4.25% to 4.50%.

If the Fed cuts rates, Solana could jump above $150. If rates stay the same, SOL will likely keep moving sideways within its current trend.

What’s Next for SOL Price?  

Solana is currently getting support around the 20-day EMA, showing that buyers are stepping in during price dips. However, bears are strongly defending a push above the resistance of $150-$160. As of writing, SOL price trades at $145.8, surging over 1.4% in the last 24 hours.

Buyers are likely to try pushing the price above the $150 resistance again. If they succeed, SOL could climb to $180. This will create a broad trading range within $110 and $215.

On the other hand, if sellers manage to push the price below the 20-day EMA, SOL might drop toward the $133 level. In that case, the price could stay stuck between $105 and $150 for some time.

The long/short chart for Solana shows a noticeable drop in the ratio, now sitting at 0.5122. This means about 66% of traders are betting that SOL’s price will continue to fall.

The post Solana Faces On-Chain Weakness After $150 Rejection: Is a Price Pullback Ahead? appeared first on Coinpedia Fintech News
The crypto market has become more unpredictable as investors wait for the Federal Reserve’s decision on interest rates. Recently, the price of SOL went up and got close to $150, but it couldn’t break through and was pushed back down. This caused a drop in some key on-chain metrics, as investors started diverting their investment. …

The post Solana Struggles to Reach $150 Despite Growing Fundamentals! Here’s Why. appeared first on Coinpedia Fintech News

The Solana price is juggling around a narrow range after triggering a rebound from the dynamic support close to $142. The price is jammed around the narrow range, but the volume has been rising, which has recently surged above $3 billion. This could lead towards a potential upswing, but considering the SOL price rally, the bears seem to remain dominant. On the other hand, the fundamentals are strengthening, due to which Solana marked an eventful week. 

The developers fixed a crucial bug and patched a zero-day vulnerability that could have allowed hackers to mint unlimited tokens. This swift response prevented potential damage to the network. Coming to the on-chain figures, the SOL TVL took a dip by close to 2.8% and maintains second position after Ethereum. The DEX volume also drops by 10% below $20 billion, while the daily active addresses remain steady at 3.8 million. 

The main development in the ecosystem includes DeFi Development Corp. acquiring a Solana validator for $3.5 million to self-stake SOL & earn rewards. While the impact on the SOL price remains negligible. Does this suggest the investors do not see the token with the potential of going long, or have they lost confidence in the token’s growth trajectory? Here’s what you need to know!

The long-term price actions display no major deviation, but the short-term price action has been flashing bearish signals. After failing to sustain above $150, the SOL price seems to have been following a trend. As StochRSI rises to the overbought zone, the price marks the local highs, followed by a rejection. This has occurred a couple of times, and the current trade setup suggests yet another similar pattern is in the making. On the other hand, the Gaussian channel remains bearish in the short term. 

Considering the chart pattern, it appears to be feasible that the Solana (SOL) price could incur more losses in the next few hours. It may drop below the dynamic support at $141.19 and test the levels close to $140 or range slightly below around $138. However, a rebound could follow, but until Solana remains stuck within this pattern, no major price action can be expected. On the other hand, the bearish scenario could be squashed if the SOL price transforms the resistance at $155 into a strong support. 

The post Solana Struggles to Reach $150 Despite Growing Fundamentals! Here’s Why. appeared first on Coinpedia Fintech News
The Solana price is juggling around a narrow range after triggering a rebound from the dynamic support close to $142. The price is jammed around the narrow range, but the volume has been rising, which has recently surged above $3 billion. This could lead towards a potential upswing, but considering the SOL price rally, the …

The post Sui Price at the Foothill of a Major Explosion: Is a 100% Rise on the Horizon? appeared first on Coinpedia Fintech News

The sentiments around the SUI price are growing and becoming more bullish day by day. After the massive rise from the bearish captivity, the investor’s attention has been over the tokens that are closely monitoring the token’s price movements. The bulls defending the dynamic support at $3.03 indicate their strong pressures as they appear to be poised to elevate the levels towards new highs. The SUI price is trying to secure the levels above $3.5, but the bears are working hard to restrict the rally below $3.4. Despite this, the token is flashing a major bullish signal, suggesting a new ATH could be on the horizon. 

The volume of SUI has been on the rise since the September 2024 rebound, which surged and marked highs above $3.5 billion. This was when the price marked a new ATH. After a notable volume squeeze, the volume has begun to rise again as it surges above $1.5 billion. On the other hand, the SOL transaction count has also soared and marked levels above 10 billion for the first time in history. 

The consistent rise in the transaction count suggests the network’s traffic is constantly on the rise, as the investors have been extremely vigilant over the SOL price action. Moreover, they continue to remain bullish on the token as the volume has again begun to rise, with a massive increase in the transaction count. This makes SUI one of the most monitored tokens and hence hints towards a potential upswing in the coming days. 

SUI price is closely following the Elliott wave theory and has accomplished the bullish and bearish waves. Moreover, the rise from the local bottoms and the consolidation that followed raises the possibility of yet another Elliott wave in the making. Meanwhile, the Gaussian Channel has turned bullish, which suggests the beginning of a bullish trend. However, RSI displays a bearish divergence, so should this be a matter of concern?

Well, during the previous upswing, when the price marked a bullish wave, the RSI surged to the overbought levels, followed by a pullback. However, after a small consolidation, the levels triggered a rebound and entered the overbought range. It has to be noted that the RSI has sustained above the average range, within the upper bands during the bullish Elliot wave, and hence, until this pattern is maintained, the SUI price will remain under bullish influence. 

Therefore, considering the Sui price will continue with the fresh Elliot wave, it could form a new ATH somewhere around $9 to $9.2 in the second half of 2025. 

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The sentiments around the SUI price are growing and becoming more bullish day by day. After the massive rise from the bearish captivity, the investor’s attention has been over the tokens that are closely monitoring the token’s price movements. The bulls defending the dynamic support at $3.03 indicate their strong pressures as they appear to …