Ethereum (ETH) price showed strength despite Bitcoin’s brief pullback on Monday. Is this faux strength, or will the ETH price continue to ascend? A closer look at technical analysis and on-chain data indicates clear signs of exhaustion and a potential crash to $2,000. Sell Signs Flash as Ethereum Price Rally Stalls Below $3,000 At press time, Ethereum trades at $2,638 and is up 3.10% today. Due to the recent uptick, the market cap of ETH hovers around $318 billion. Sell Signal 1: Bearish Divergence Hints $2,000 Retest Likely On the daily chart, Ethereum’s price has been trading between $2,323 and $2,738 with signs of bullish exhaustion. While ETH produced almost equal highs in the past two weeks, the momentum indicators like RSI and AO produced lower highs. This non-conformity is termed bearish divergence and hints ETH price is due for a short-term pullback. The Relative Strength Index (RSI) has recently… Read More at Coingape.com
Market Sentiment Turns Positive as Bitcoin Climbs and Fear & Greed Index Rises
Crypto market sentiment is showing clear signs of optimism as the Fear & Greed Index moves higher — a signal that investor confidence is growing. This index, widely used to gauge emotional sentiment in the crypto space, helps traders assess the overall mood of the market. An upward shift often correlates with stronger buying interest and a more bullish outlook.
At the same time, Bitcoin has broken past the $94,000 resistance level and is heading toward its all-time high. Historically, moments like this mark the beginning of altcoin season, as liquidity begins shifting from BTC into the broader altcoin market. During these cycles, memecoins have repeatedly delivered some of the biggest gains, often outperforming more established tokens.
As momentum builds, the stage may be set for another wave of explosive growth across the crypto space, especially among meme-driven and community-fueled projects.
A fresh contender for the next 1000x token of 2025 is quickly emerging as the altcoin market gains steam ahead of its next major surge.
SOLAXY aims to enhance Solana’s blockchain performance
Solaxy is entering the spotlight with a plan to solve some of Solana’s most critical issues, including congestion, low transaction speed, and scalability problems. Its roadmap is centered around delivering higher efficiency and long-term reliability for developers and users alike. While the technical foundation of Solaxy is attracting infrastructure-focused investors, another rising project is gaining traction thanks to its blend of story, community, and real utility, and that’s Pepeto.
PEPETO builds momentum as a utility-driven memecoin with early investor appeal
At a current presale price of just $0.000000126, Pepeto gives investors a chance to get in at the ground level. With the upcoming launch of PepetoSwap, a zero-fee trading platform, and the Pepeto Exchange, the project is positioning itself to deliver more than just meme value, it’s aiming to create a sustainable crypto ecosystem.
Part of what makes Pepeto stand out is its narrative. With a 420 trillion token supply identical to Pepe’s, rumors continue to circulate that someone connected to the original project may be involved. In Pepeto’s backstory, Pepe managed to grab four of the key documents needed to launch a memecoin, but left behind two critical elements: Technology and Optimization. Pepeto, symbolizing Power, Energy, Precision, and Efficiency, kept the full formula.
Pepe may have believed he took everything that mattered, but the most essential ingredients were left behind.
PEPETO presale closes soon with listings on the way
Investors can still purchase $PEPETO tokens at the presale price of $0.000000126 through the official website, pepeto.io. Supported payment methods include USDT, ETH, BNB, and card via MetaMask or Trust Wallet. As updates roll out on PepetoSwap and exchange listings, early backers will benefit from staking opportunities and platform advantages. Pepeto is quickly establishing itself as one of the most promising memecoin launches heading into 2025.
For more information about PEPETO, users can visit:
The post Altcoin season soon: Pepe, Solaxy, and Pepeto could be the next 1000x meme coins appeared first on Coinpedia Fintech News
Market Sentiment Turns Positive as Bitcoin Climbs and Fear & Greed Index Rises Crypto market sentiment is showing clear signs of optimism as the Fear & Greed Index moves higher — a signal that investor confidence is growing. This index, widely used to gauge emotional sentiment in the crypto space, helps traders assess the overall mood of …
Ripple’s XRP has been making headlines repeatedly for its efforts to encourage mainstream adoption. Despite a setback last week on the SEC lawsuit, positive news has kept coming. Today, CME Group is launching the XRP futures ETF, which is yet another milestone for the community. This strategic move is expected to bolster the Ripple Coin’s institutional demand and adoption. CME Group Launches XRP Futures ETF Today: Know Details Today (May 19), the world’s leading derivatives marketplace, Chicago Mercantile Exchange (CME) Group, is launching XRP futures and Micro XRP futures. The platform will debut the futures in two contract sizes: a micro contract covering 2,500 tokens and a larger contract covering 50,000, both based on the CME CF XRP-Dollar Reference Rate. In response to the development, lawyer Bill Morgan stated, these “cash-settled futures contracts” could drive the token’s institutional demand in multiple ways. Bill highlighted the significance of XRP futures for… Read More at Coingape.com
A promising Layer 2 protocol called Solaxy ($SOLX) has captured attention by raising an impressive $26.8 million during its ongoing token sale.
In the same way that L2s such as Base have improved Ethereum’s throughput, Solaxy now promises to do the same for Solana, speeding up transactions and stopping network congestion.
Solaxy’s stunning presale, which is still ongoing, shows strong investor confidence in the project’s vision to help Solana maintain its position in the cryptocurrency world.
Technical Innovation Behind Solaxy Excitement
Blockchain networks face an ongoing challenge of balancing security, decentralization, and transaction throughput.
Despite Solana’s impressive processing capabilities compared to many competitors, periods of intense network activity (such as when $TRUMP launched) still create bottlenecks, resulting in delayed confirmations and occasional transaction failures.
Solaxy approaches this challenge through an architecture that processes transactions outside the main chain before bundling them together.
These streamlined validation mechanisms maintain security while improving speed, and reduce transaction costs across Solana.
This means Solaxy can help unlock Solana’s full potential, potentially creating billions in new economic value across the ecosystem.
Market Position And Investment Opportunity
With Solana currently valued around $65 billion, and Solaxy in its pre-launch phase, astute investors may recognize the potential value disconnect. Early participants can secure tokens at $0.001666, though this entry price increases in the next 24 hours as the offering advances.
Beyond potential price appreciation, the project offers a staking program currently yielding 152% annually, providing immediate benefits to participants. This rate will naturally decrease as more tokens enter the staking pool.
Cryptocurrency platform 99Bitcoins, with its 700,000+ YouTube subscriber base, recently featured Solaxy in its coverage. Analyst Umar Khan expressed particularly bullish sentiment, describing it as a “Solana gem” with the potential to multiply investment 100 times following its market debut.
This coverage from a respected industry voice provides the project with credibility and visibility, demonstrating its ability to resonate with serious cryptocurrency analysts.
Solaxy Arrives as Excitement Grows Around Solana
After months of turbulent price action, cryptocurrency markets appear to be stabilizing. Solana specifically has posted a modest 1.4% gain over the past week, holding firmly at the psychologically important $125 level.
This price zone carries special significance as it marked the exact support level before Solana’s previous surge to its all-time high of $294.33 in January. Technical analyst Crypto Patel has identified this as “strong support” that could potentially launch Solana toward $500 as market conditions improve.
This stabilization is already benefiting Solana ecosystem projects, with Render and Bonk up 8% this week while Helium has grown 22%.
Given Solaxy’s targeted approach addressing a core infrastructure need and its relatively smaller market capitalization, the project appears uniquely positioned to outperform even these impressive gains during the next market cycle.
For those interested in the token offering, Solaxy provides multiple ways to get involved. Participants can use Solana-compatible wallets, Ethereum-compatible wallets, or direct credit card purchases.
The process begins at the official Solaxy website, where you select your investment amount and preferred payment method. After the presale concludes, tokens are available for claiming.
Regarding security concerns, the project has completed a comprehensive audit through Coinsult, which found no vulnerabilities or issues in the codebase, providing additional confidence for potential participants.
As Solana’s ecosystem continues expanding, Solaxy represents an infrastructure improvement that could dramatically enhance the network’s capabilities.
The post Solaxy is Solana’s Rising Star as L2 Protocol Raises $26M: Best Crypto Presale? appeared first on Coinpedia Fintech News
A promising Layer 2 protocol called Solaxy ($SOLX) has captured attention by raising an impressive $26.8 million during its ongoing token sale. In the same way that L2s such as Base have improved Ethereum’s throughput, Solaxy now promises to do the same for Solana, speeding up transactions and stopping network congestion. Solaxy’s stunning presale, which …