CryptoQuant analyst Axel Adler Jr. has spotted a potential early sign of a new altcoin wave. In a recent post on X, he revealed that altcoin exchange inflows have dropped sharply – something that’s often followed by strong market rallies. Could this be the start of the next “altseason”?
As of June 27, the average monthly altcoin exchange flow stands at $1.6B, below the annual average of $2.5B. This moderate flow suggests asset consolidation and growing accumulation potential ahead of the next altseason wave.
Adler Jr. noted that the usual monthly inflow of altcoin exchanges has declined by 36%, falling from an annual average of $2.5 billion to only $1.6 billion as of June 27, 2025. This $900 million decline suggests reduced selling pressure, as investors are holding onto their assets rather than liquidating.
Historically, these small inflows have anticipated significant altcoin price rises, as seen during the jumps from August to September 2024 and throughout the second half of 2023.
Adler Jr. noted that in all instances, minimal trading activity preceded significant altcoin price increases, fostering optimism among traders.
Why Lower Inflows Can Be Bullish for Altcoins
So, why does this matter? When less capital is moving into crypto exchanges, it usually means there’s less selling happening. Instead, investors might be accumulating, waiting for the next move up.
CryptoQuant’s data shows that when inflows fall below $1.6 billion, it often sets the stage for a strong altcoin rally. It signals a shift – away from short-term speculation and toward long-term holding. Sometimes, capital temporarily moves into Bitcoin first, before flowing back into altcoins with more strength.
This pattern often builds up momentum. And when that momentum swings back to altcoins, prices can surge quickly.
A Shift Is Happening – Is Altseason Next?
Right now, the market seems to be in a transition phase. The drop in exchange inflows is a classic sign of quiet accumulation, which often comes before a rally. If this pattern holds, it could align with a broader market recovery and renewed risk appetite.
So the big question: is the next altcoin rally around the corner?
If history repeats, we might be witnessing the early signs of another breakout. Stay tuned – the market could be gearing up for a major shift.CryptoQuant Flags $900M Drop in Altcoin Inflows, Hints at Altseason
MEXC, in a big move to bolster the security of its platform, has joined forces with Hacken, a prominent blockchain security firm which has worked with major exchanges, DeFi projects, and blockchain firms, including Binance, CoinGecko, Avalanche, and now MEXC.
This comes after Crypto Exchange security has emerged as a critical point of safety for users’ digital assets following the $1.5 billion Bybit Heist that has shocked the industry.
As part of the collaboration, MEXC’S partnership with Hacken will work towards providing a safer trading environment for its users amid rising cybersecurity threats in the crypto industry.
After MEXC announced the partnership, its native token, MX, witnessed slight increase of 0.01% and is currently trading at $3.12. Though the immediate impact on MX token price is modest, strengthened security measures may lead to increased user confidence over time, potentially enhancing the token’s value and utility within the MEXC ecosystem.
How can this new partnership with Hacken strengthen Security
Hacken is a renowned name in the blockchain security sector, offering a suite of cybersecurity solutions tailored for Web3 businesses. With a strong track record in auditing smart contracts and identifying vulnerabilities in blockchain protocols, Hacken has established itself as a trusted security partner for numerous crypto projects.
Hacken conducts penetration testing (ethical hacking) for crypto exchanges, DeFi platforms, and Web3 applications. This process involves simulating cyberattacks to identify and fix potential security weaknesses.
It also provides in-depth risk assessments of blockchain networks and protocols. It evaluates consensus mechanisms, governance models, and transaction processing to ensure their resilience against threats.
WEB3 Firms availing Hacken’s Security Services
Implications for MEXC’s Security
The partnership with Hacken is designed to reinforce MEXC’s security infrastructure through cutting-edge blockchain security solutions, including smart contract audits, penetration testing, and continuous risk assessment.
Hacken will conduct a comprehensive security assessment to ensure that MEXC’s trading platform’s infrastructure remains protected from vulnerabilities and cyber threats.
The assessment will focus on various critical areas, by helping MEXC in identifying and addressing vulnerabilities across web applications, mobile apps, and APIs. Hacken will also assess encryption measures to prevent data leakage on MEXC’s trading platform, while safeguarding session management to prevent hijacking and fixation attacks. It will further work in verifying that user inputs are sanitized to prevent injection attacks.
Notably, in July 2021, KuCoin engaged Hacken for an in-depth security assessment to bolster its cybersecurity framework. Further, it has also worked with top-tier exchanges such as Binance, OKX, among others.
By leveraging Hacken’s expertise, MEXC aims to proactively identify and mitigate potential vulnerabilities, ensuring that its platform remains resilient against cyber threats.
Exciting news! #MEXC is partnering with @hackenclub to boost platform security!
With #Hacken’s expertise, we’re enhancing asset protection, ensuring a safer trading experience for all.
MEXC implements multi-layered protection measures such as cold storage for assets, two-factor authentication (2FA), and real-time monitoring for suspicious activities. The integration of Hacken’s security services will further solidify these defenses, reducing the likelihood of breaches and unauthorized access.
By undergoing rigorous security audits and assessments, the exchange is aiming to provide traders and investors with confidence in the integrity of its platform.
The cryptocurrency industry has been facing an increasing number of cyberattacks, with hackers targeting exchanges, DeFi protocols, and wallets. High-profile breaches have resulted in the loss of millions of dollars, highlighting the urgent need for robust security measures.
As cyber threats become more sophisticated, partnerships like this one will be essential in fortifying the crypto industry against potential attacks.
Thus, the partnership between MEXC and Hacken comes as a testament to the growing emphasis on security in the cryptocurrency space. As the industry continues to evolve, security will remain a top priority for exchanges looking to maintain user trust and safeguard digital assets. With this collaboration, MEXC is setting a benchmark for security standards, ensuring that its users can trade with confidence in a secure environment.
Cardano founder Charles Hoskinson is preparing to take legal steps against individuals alleging that he manipulated the blockchain to take control of 318 million ADA tokens.
The accusations, which recently emerged on the social media platform X, suggest he used his Genesis keys in 2021 to seize funds belonging to early investors.
Cardano’s Hoskinson Accused of Secretly Altering Blockchain to Control ADA Funds
Last week, NFT artist Masato Alexander claimed that during the Cardano “Allegra” hard fork, the network overwrote certain unspent token allocations from the original token sale. It then rerouted those tokens to Cardano’s reserves.
“In 2021, the Cardano ‘Allegra’ Hard Fork (HF) wasn’t just a routine upgrade. It contained an extra payload. This HF effectively ERASED the original ICO UTxOs holding the ₳318M and swept the funds into the Cardano reserves,” Alexander wrote.
Alexander claimed that although they intended to reissue the funds to their rightful owners, they allegedly withheld a large portion.
He further claimed that only a small percentage of the tokens funded Intersect, a Cardano governance initiative. Most of the tokens, he alleged, were staked to generate an estimated 25 million ADA in additional rewards.
“Only a tiny fraction went to Intersect… Where did the VAST majority of that ₳318 MILLION actually go after being moved from reserves? Separately, the funds were staked, earning 25m additional,” Alexander alleged.
In addition, Alexander criticized the lack of clear documentation on the fund’s path, suggesting there is no verifiable audit trail.
Ironically, Charles recently emphasized needing community input for scaling solutions, citing the importance of governance.
Yet, when ₳318M was at stake, he acted unilaterally via genesis keys to alter the ledger and control these funds.
However, Hoskinson has strongly rejected the allegations. In a response posted to X, he described the claims as “lies” and clarified that the ADA vouchers became unspendable following the Allegra hard fork.
The Cardano founder explained that these assets were transferred to a custodial account managed by the Token Generation Event (TGE). This account continued processing redemptions for three years.
“The Ada vouchers became unspendable after the hard fork. They were rolled into a custodial account controlled by the TGE that then continued redemption for 3 more years to distribute the genesis funds to the original buyers,” he said.
Hoskinson stated that original buyers eventually claimed 99.8% of the ADA sold during the ICO. He added that the team allocated only 0.2% of the tokens to fund Intersect.
“After seven years, the remaining 0.2 percent were returned to the TGE and donated to Intersect through the same process that funded the Cardano Foundation,” he added.
While the Cardano team has not released a full public report, Hoskinson noted that the redemption process is still ongoing.
He warned that he will sue Alexander and others who repeat the claims if they keep alleging that Input Output Global stole funds.
“As we are now considering litigation against those slandering us, we will make no further statements until the closing report is published. We will then send letters to the relevant parties demanding retractions and apologies,” the Cardano founder concluded.
The crypto market has experienced a volatile start to Q2, with many tokens posting significant surges in recent days. Meme coins, in particular, have seen a resurgence, with older tokens gaining traction and newer ones attracting attention.
BeInCrypto has analyzed five meme coins for investors to watch in the coming month and their potential for further growth.
Turbo (TURBO)
TURBO has shown impressive momentum, gaining more than 191% in the past two weeks, now priced at $0.004313. The altcoin is testing key resistance at $0.004842. As one of the best performing meme coins this month, it continues to attract attention from investors, signaling strong potential for future gains.
This surge has provided relief to investors impacted by the February Death Cross. With TURBO standing at a near three-month high, the outlook remains positive if the broader market trends support further growth. A breakout above the resistance could propel TURBO towards the target of $0.006857, offering additional upside.
Failure to breach $0.004842 could lead to a reversal in the trend. A drop below this resistance would likely see TURBO testing the support level at $0.003304. This would invalidate the bullish scenario and potentially erase much of the recent price increase.
Neiro Ethereum (NEIRO)
NEIRO has experienced a notable resurgence, surging by 256% this week alone. Currently trading at $0.0661, the meme coin is at a four-month high. As NEIRO looks to break the $0.0715 resistance, it could see continued upward momentum if broader market conditions remain favorable.
The potential for NEIRO to breach $0.0715 is strong, with the broader market showing bullish trends as Bitcoin approaches $100,000. This could provide the necessary momentum to push NEIRO towards the $0.0845 resistance. A successful test of this level would solidify recent gains and set the stage for a move to $0.1000.
A failure to break through $0.0715 would likely send NEIRO into a bearish correction. In this scenario, the price could fall through key support at $0.0568, possibly testing $0.0446. This would invalidate the current bullish outlook, highlighting the importance of breaking resistance for continued growth.
Brett (BRETT)
BRETT has shown remarkable growth, up 120% over the past two weeks, trading at $0.054. This surge marks a near-three-month high for the meme coin, driven by a shift in market conditions. The rally suggests strong investor sentiment, fueled by the growing interest in Base meme coins.
As the market shifts, BRETT has captured attention, making it one of the more promising altcoins in its category.
With continued momentum, BRETT could break through the $0.058 resistance level, opening the door to further gains. A move toward $0.072 is plausible, especially as hype surrounding Base meme coins intensifies.
This meme coin also reignites the Solana vs. Base meme coin discourse; however, Alvin Kan, COO at Bitget Wallet, told BeInCrypto that this may not be the case.
“Solana still leads. It’s fast, cheap, and has an army of degens ready to mint and trade anything viral. Base is growing, and Coinbase might help push it further, but it hasn’t built the same retail energy yet. As for AI meme coins—they’re interesting, but still feel like a niche inside a niche. For now, Solana memes dominate the meme meta.”
However, a correction could follow if BRETT fails to breach $0.058. The price might drop through the $0.052 support, potentially reaching as low as $0.042. This decline would invalidate the bullish outlook, signaling a shift in market sentiment. Without sustained support above $0.058, the upward momentum may be short-lived, and bearish conditions could prevail.
Official Trump (TRUMP)
TRUMP has captured investor attention, surging 60% this week to trade at $12.14. The meme coin has reignited interest, driven by market speculation. Its rise comes amid increasing excitement around politically fueled volatility, making it a popular pick for traders looking to capitalize on unpredictable market swings.
Although TRUMP failed to secure $12.57 as a support level, the possibility of achieving this level in the coming weeks remains strong. The US President’s influence on market movements, driven by unexpected announcements, could provide the catalyst needed for TRUMP to rise further, potentially reaching $14.53 as it follows broader financial trends.
Failure to hold $12.57 as support could signal a reversal. In this case, TRUMP may see its price drop to $11.44 or $10.29, undermining the current bullish outlook. This scenario would invalidate the positive momentum, with investors needing to monitor key levels for potential price shifts closely.
Pudgy Penguins (PENGU)
PENGU has experienced significant volatility since January, with massive drawdowns following early interest. However, the meme coin has rebounded sharply, gaining 118% over the past two weeks. This recovery has caught the attention of investors, reigniting hopes for further growth and renewed momentum in the altcoin’s price.
Currently trading at $0.00846, PENGU is nearing key resistance at $0.01007. If the meme coin can maintain its bullish momentum, it presents a promising opportunity for investors. A successful break above this level could attract additional buyers, further driving its price and expanding the interest in this resurgent meme coin.
Failing to breach $0.01007 would likely result in a price decline, with support potentially falling to $0.00718. This would erode recent gains and invalidate the bullish outlook, with a further drop to $0.00549.
Adler Jr (@AxelAdlerJr) June 27, 2025
Exciting news! 
