Dogecoin (DOGE) has recorded a slight 0.3% gain today, June 30, to trade at 0.164 at press time. The leading meme coin has been recording choppy moves in the last seven days, with the price fluctuating between a weekly high of $0.169 and a weekly low of $0.51. Amid the uncertainty, short-term holders seem to
Bitcoin whales have moved just $3.27 billion of BTC to Binance over the past 30 days. This figure marks the lowest whale inflow since November 2024, according to CryptoQuant.
Consequently, this drop signals declining sell-pressure from major holders. Fewer coins entering exchange order books often underpin stronger price support.
Bitcoin Whales Continue Holding
CryptoQuant analyst JA Maartunn explains that during March and November 2024 rallies, whale inflows surged above $6.17 billion and $8.44 billion. Those peaks coincided with sharp pullbacks, as whales locked in gains at higher prices.
Furthermore, subdued whale deposits suggest holders now prefer to retain or relocate coins off-exchange. Many may move BTC into cold storage or over-the-counter venues, reducing visible supply.
Binance Whale Flow Chart. Source: CryptoQuant
As a result, the market faces tighter liquidity. Lower sell-walls on Binance create room for price advances. Traders often view this as a bullish backdrop.
On the price front, Bitcoin recently climbed to about $104,000. That rally found support partly because large-scale sell orders failed to materialize. Last week, CryptoQuant data showed that ‘new Bitcoin whales’ hold most of the capital.
These whales bought at an average price of $91,922, so they likely aim for a much higher selling price.
However, macro factors still influence market direction. Fed policy decisions, regulatory shifts and geopolitical events can trigger sudden supply surges.
In addition, on-chain metrics show long-term holders increasing their positions. Such accumulation often precedes sustained up-moves, as coins effectively vanish from the circulating supply.
Nonetheless, subdued whale activity does not guarantee uninterrupted gains. Retail sentiment, derivatives positioning, and institutional flows can reignite volatility.
Diverging BTC inflows on Binance: Whales vs Retail
“Overall, total inflows across all investor categories remain much lower than what we’ve seen in peak market phases.” – By @Darkfost_Coc
Ultimately, the six-month low in Binance whale inflows reflects tentative confidence among large holders.
If whales maintain this restraint, Bitcoin may find firmer footing above $100,000. Yet market watchers will track any shift in whale behavior for early warning of changing sentiment.
Dogecoin price surged 2.3% over the last 24 hours to breach the $0.17 resistance amid renewed optimism around Bitcoin ETF-driven inflows.
With Bitcoin ETFs pulling in over $40 billion in assets under management since approval, speculation is mounting about what a potential Dogecoin ETF could mean if DOGE captures just 30% to 50% of BTC ETF inflows.
Dogecoin (DOGE) Signals Bullish Week Ahead With $0.17 Rebound
Dogecoin (DOGE) surged 2.3% in the last 24 hours to trade at $0.173, as speculation around a possible Dogecoin ETF intensified following Nasdaq’s official filing to list the 21Shares Dogecoin ETF.
Dogecoin (DOGE) price action, May 4, 2025 | CoingeckoD
According to CoinGecko, DOGE has climbed 5.0% over the past week, outperforming Bitcoin’s 1.1% gain and Ethereum’s 2.1% rise during the same period.
Trading volume remains elevated as traders anticipate a bullish breakout above the $0.18 resistance level. DOGE’s 14-day performance of 11.9% ranks among the highest across the top 20 cryptocurrencies, reflecting positive momentum after lagging during the broader April rally.
21Shares DOGE ETF Filing Could Spark Billions in Inflows
On April 30, Nasdaq submitted a 19b-4 filing to the U.S. Securities and Exchange Commission (SEC) seeking approval to list and trade shares of the 21Shares Dogecoin ETF.
This followed an S-1 registration filed by asset manager 21Shares on April 10, in partnership with House of Doge, the Dogecoin Foundation’s corporate arm.
The fund will track the CF DOGE-Dollar US Settlement Price Index, and hold DOGE directly — without using leverage, derivatives, or synthetic products. Coinbase Custody Trust has been named as the official custodian.
This filing arrives just days after the SEC delayed its decision on altcoin ETF applications to June 15. While no DOGE ETF has yet been approved, market watchers are already speculating on the potential impact.
Dogecoin price prediction if it gets 30% – 50% of Bitcoin ETF Inflows
Since their January launch, U.S. spot Bitcoin ETFs have absorbed over $40 billion in net inflows, according to latest data culled from Farside.
If a DOGE ETF captures even 30% to 50% of that figure, the potential inflow could range from $12 billion to $20 billion.
Bitcoin ETF Holdings hit $40 billion, May 3, 2025 | Source: Farside
At current market conditions, Dogecoin has a market cap of $24 billion. An injection of $12 billion to $20 billion could more than double the total market capitalization, assuming similar trading dynamics and demand pressure as BTC.
That implies a theoretical DOGE price target between:
$0.34 at $12 billion inflow.
$0.50 at $20 billion inflow
Such an increase would reflect 95% to 190% upside from current DOGE prices.
What’s Next: SEC Decision Timeline and Market Implications
With the SEC’s June 15 deadline for Bitwise’s DOGE ETF and Nasdaq’s 21Shares DOGE ETF application now pending, traders and institutions will be watching closely.
If either ETF gains approval, DOGE could quickly transition from a meme asset to a regulated financial instrument, opening access to institutional capital, retirement accounts, and RIA-managed portfolios.
ETF flow data from April shows that Bitcoin ETFs recently set new records for single-day inflows $936.5 million on April 22 alone, followed by $917 million on April 23.
Dogecoin ETF flows, if approved, would likely follow a similar trajectory with Bitcoin. Enthusiasts suggest Dogecoin ETF inflows could surpass expectations due to DOGE’s pop culture status, high retail engagement, and wide exchange availability.
If Dogecoin ETF inflows reach even a fraction of Bitcoin ETF levels, DOGE could trade between $0.34 and $0.50 in the medium term.
An approval verdict from the SEC would not just be a short-term bullish catalyst for DOGE price action, but it could also solidify memecoin adoption in traditional finance.
The crypto market, since the beginning of the second fortnight of the month, has been experiencing a pivotal trend reversal, altering the prevailing direction and amplifying liquidity-driven opportunities. Meanwhile, Solana exhibited a strong bullish breakout this week, surging above $150 and showing robust ecosystem metrics supported by both technical and on-chain performance. SOL’s market activity offers a clear window into current sentiment, underpinned by strong fundamentals and amplified by emerging ecosystem narratives.
At the start of the week, SOL traded around $134, experiencing moderate fluctuations and rebounded, closing near $140. With this, the token quickly entered an upward channel, which strengthened mid-week after a breakout through previous resistance zones. The most significant breakout occurred in the past couple of days when the price closed above $150 for the first time in Q2, registering a gain of over 10%.
Solana On-Chain Analysis
Solana’s TVL continues to hold strong at $8.54 billion, reflecting sustained capital commitment to Defi applications on the platform. Social media highlights active development with new partnerships and an increase in staking. Interestingly, Solana surpassed Ethereum in staked market cap, hinting towards a rise in adoption. Despite the bullish indicators, why is the SOL price stuck within a narrow range?
Along with the sluggish movement of Bitcoin, the transfers of the SOL token to CEX could have raised some concerns. Pumpfun, a popular Solana-based marketplace, has transferred more than 117K SOL tokens to Kraken in the past few hours. With this, it has deposited a total of over 3 million SOL tokens at $186 and sold nearly 264,373 at $158. These whale-sized SOL deposits usually spell short-term turbulence, as major exchange transfers often foreshadow sell pressure or active hedging.
What’s Next? Will SOL Price Reach $200 in Q2, 2025?
Solana has displayed a massive rebound after reaching the lows below $100, which witnessed a huge rise in the buying pressure. This validated the presence of bulls who further pushed the price back above $150. With this, the token has reached the threshold of a bullish pattern, and hence, a breakout from this range could initiate a fresh upswing of over 30%.
Although the price is facing some bearish pressure, the token remains prone to maintaining a healthy ascending trend. After a bullish crossover, the Ichimoku cloud has turned bullish, which suggests a change in the trend of the rally. On the other hand, the OBV, the volume-based indicator, is constantly rising, which suggests a confirmation of a bullish trend.
Therefore, the Solana price, which is facing a minor upward pressure, is expected to hold above the resistance at $150 and withstand bearish activity. Once the selling pressure fades, a fresh upswing could push the price above $180, which may validate a rise to $200 later this year.
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The crypto market, since the beginning of the second fortnight of the month, has been experiencing a pivotal trend reversal, altering the prevailing direction and amplifying liquidity-driven opportunities. Meanwhile, Solana exhibited a strong bullish breakout this week, surging above $150 and showing robust ecosystem metrics supported by both technical and on-chain performance. SOL’s market activity …