BNB Chain has activated the Maxwell HardFork on its testnet at block height 5,255,2978. This upgrade introduces shorter block times, improved scalability, and more efficient network operations. The upgrade is expected to support ongoing ecosystem expansion and attract developer testing across the network. BNB Chain Maxwell HardFork Advancements According to an X post, the Maxwell upgrade brings faster block production and aims to boost the efficiency of the BNB Chain network. The network now produces a new block every 0.75 seconds. In addition, it supports 16 consecutive block productions, helping to streamline transaction processing. These updates are focused on increasing throughput and reducing network congestion. With improved scalability, BNB Chain is positioning itself for broader adoption across different sectors, including DeFi, GameFi, and enterprise blockchain services. Developers and validators have been encouraged to begin testing the new features and tools introduced with the hard fork. Binance Chain stated in an… Read More at Coingape.com
CAKE, the native token of decentralized exchange (DEX) PancakeSwap, is today’s top gainer, defying broader market trends.
The token has recorded a modest 3% gain over the past 24 hours, outperforming leading assets like Bitcoin (BTC) and Ethereum (ETH), which are both down by roughly 1% each during the same period. Technical indicators suggest that the rally could continue as it is backed by significant demand from market participants.
CAKE Climbs as Trading Volume Soars 88%
Amid the lull of the broader market over the past week, CAKE has managed to record gains. Currently trading at $2.48, the token has climbed by 9% since May 31.
This bullish trend continues today, evidenced by the trading volume surge accompanying CAKE’s price growth. The token’s trading volume is up 88% over the past day, pointing to heightened investor interest and growing demand for the DeFi asset.
When an asset’s trading volume rises alongside its price, it signals strong buying interest and confirms the strength of the upward price move. This combination suggests growing investor confidence in CAKE and hints that the upward trend may continue in the near term.
Moreover, readings from the altcoin’s BBTrend indicator support this bullish outlook. Observed on a one-day chart, the indicator is currently at 12.76, posting only green histogram bars since May 9.
The BBTrend measures the strength and direction of a trend based on the expansion and contraction of Bollinger Bands. When it returns red bars (negative values), the asset’s price consistently closes near the lower Bollinger Band, reflecting sustained selling pressure and hinting at the potential for further downside.
Conversely, as with CAKE, when BBTrend values are positive, it typically signals a strong uptrend. At 12.76, the momentum indicator confirms increasing bullish pressure among CAKE holders, suggesting that the current rally may have further room to run.
Bullish Indicators Emerge for CAKE, But Will $2.81 Hold?
CAKE’s rising Relative Strength Index (RSI) lends credence to this bullish outlook. As of this writing, the indicator is at 54.75 and in an upward trend.
The RSI indicator measures an asset’s overbought and oversold market conditions. It ranges between 0 and 100. Values above 70 suggest that the asset is overbought and due for a price decline, while values under 30 indicate that the asset is oversold and may witness a rebound.
CAKE’s current RSI setup shows a steady rise in token accumulation, a pattern that could drive further price growth.
If current sentiment and volume levels persist, CAKE could extend its gains to $2.81 in the near term.
Cardano has drifted in the green zone as it trades at $0.7093, up 11% in the past day and over 17% in the past week. The trading volume is also up over 65%, which shows growing investor interest.
Whale Accumulations On the Rise
Onchain data from Santiment also showed whale accumulations. Whales holding between 100,000 to 100 million ADA have increased their holdings since April 14, further adding to the bullish sentiment.
Expert Dan Gambardello thinks that Cardano will face strong resistance around $3, where many investors regret not selling before. He expects some price volatility in that area, before it eventually rises to $5, like a quick stop before the next big jump.
Biggest Cardano resistance is really at $3.
It’s where a lot of people have regret for not selling last cycle.
The $ADA pump will probably pause in that general area with a lot of volatility, and then continue to $5.
Cardano held strong at the $0.50 support level on April 7 and has since rallied 21% in two weeks. If Cardano keeps rising and breaks above the 200-day EMA (Exponential Moving Average) at $0.71, the next resistance could be at $0.74, possibly reaching $0.80. This could be a major psychological level for traders. The RSI (Relative Strength Index) is also currently at 57 and trending upwards.
Analyst Javon Marks foresees a 354% surge for Cardano to as high as $2.91. His outlook is based on ADA’s current chart pattern. ADA may follow Bitcoin’s lead in a broader market rally through April.Additionally, Martinez shared that Cardano is breaking out and predicts the next target could be $0.77.
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Cardano has drifted in the green zone as it trades at $0.7093, up 11% in the past day and over 17% in the past week. The trading volume is also up over 65%, which shows growing investor interest. Whale Accumulations On the Rise Onchain data from Santiment also showed whale accumulations. Whales holding between 100,000 …
Bitcoin price consolidated around the $85,000 support level on Friday, April 18, despite escalating sell-offs in the broader US stock market. On-chain divergence data highlights a sharp investor pivot toward Bitcoin since Trump’s “Liberation Day” tariff announcement on April 2.
After a volatile start to the month, Bitcoin (BTC) has shown resilience this week. Despite sharp swings in global financial markets, as the US-China trade war escalates, BTC has managed to hold firmly above the $80,000 level.
Bitcoin price performance, April 18 2025 | Source: Coingecko
According to CoinGecko data at press time, Bitcoin trades at $84,500, indicating a return to calm and stability. The recent price action suggests that weaker holders have exited the market, allowing long-term investors to retake control and solidify BTC’s floor
Bitcoin has outperformed the S&P 500 Since Liberation Day Tariffs
Beyond retail market reactions, broader macro trends show Bitcoin has decisively outperformed traditional equities in the two weeks since Trump’s latest trade war initiative. Following Nvidia’s $
Bitcoin price vs. S&P 500 data | Source: Santiment
5.5 billion tariff-linked charge, US tech stocks took a steep hit, while BTC remained largely unmoved.
Santiment data reveals that the BTC vs. S&P 500 divergence coefficient dropped from 0.16% on April 2 to 0.083% by April 18—marking a 48.1% outperformance by Bitcoin in just two weeks. This metric reflects increasing capital rotation into BTC as investors seek shelter from tariff-induced equity market turbulence.
With strong US Jobless Claims data and rising political pressure for rate cuts, BTC’s bullish positioning may extend further, especially if macro conditions remain favorable for alternative assets like Bitcoin.
Bitcoin Price Analysis: BTC Poised for Breakout Toward $87,000?
Bitcoin is trading around $84,540, consolidating just below the midline of the Bollinger Bands on the daily chart.
After recovering from early April’s drop to $77,900, currently the lower Bollinger Band support, BTC price has gradually climbed with diminishing volatility. The upper Bollinger Band now caps resistance at $87,424, while the middle band, at $82,680, serves as a key pivot zone.
Bitcoin Price Analysis
Volume Delta remains neutral at 193, suggesting neither bulls nor bears hold dominance, but the narrowing bands signal an incoming volatility expansion.
Bitcoin price forecast today indicates a potential upward breakout as price action stabilizes above the Bollinger midline and consolidates in tight daily ranges. Despite a red candle today, recent green-bodied candles suggest bulls are regaining control. A break above $85,500 would open room toward $87,400 and potentially $88,000.
Conversely, failure to hold above $82,680 risks a retrace to $80,000 and $77,900. However, barring unexpected sell pressure, the path of least resistance remains upward. The low-volume pullback hints at profit-taking rather than trend reversal.
