SharpLink Gaming is forging ahead with its Ethereum Reserve treasury plans, having closed its private placement deal. The company intends to use the proceeds to buy ETH, while it has also revealed plans to raise up to $1 billion in the future as it looks to become the public company with the largest Ethereum holdings. SharpLink Gaming Closes $425 Million Private Placement Deal In a press release, SharpLink Gaming announced that it has closed the $425 million private placement led by Consensys Software and other investors to help the company implement the largest Ethereum treasury strategy in the public markets. According to a Reuters report, CoinGape had earlier reported the company’s plans to raise $425 million to fund its ETH accumulation strategy. The company effectively sold some of its common stock to raise this sum. Following the close of the deal, Joseph Lubin, the founder and CEO of Consensys, has… Read More at Coingape.com
The significant cash inflows to the TON network from institutional investors will bolster bullish sentiment.
The TON/USD pair has not yet broken out of crucial resistance levels to kickstart a fresh bull rally.
The Open Network (TON) has emerged as a top contender in the highly anticipated 2025 crypto altseason. Toncoin (TON), a large-cap altcoin with a fully diluted valuation of about $16 billion and a 24-hour average trading volume of around $114 million, has experienced low bearish sentiment in the recent past, signaling a potential momentum shift.
The vast integration of the TON ecosystem with the Telegram messaging platform has helped attract new customers. Furthermore, TON price has depicted extremely small price correlation with Bitcoin (BTC) price action, thus acting as a reliable alternative altcoin.
Most importantly, only 20 percent of TON coin holders are currently in profit signaling a high chance of bullish sentiment ahead.
Midterm Expectations for TON
YTD, TON price has been trapped in a falling logarithmic trend, but the bottom has likely happened. In the daily timeframe, TON price has been forming a potential reversal pattern, characterized by double bottom coupled by a rising divergence of the Relative Strength Index (RSI).
Additionally, the daily MACD indicator has signaled bullish sentiment, especially after crossing above the zero line again.
In case of further bullish sentiment, TON price is well positioned to rally towards the next liquidity range between $4.6 and $7.2. However, TON price must consistently close above the daily logarithmic trend to invalidate further market correction.
Fundamental Outlook
The Open Network has grown to a robust blockchain ecosystem with more than 400 node validators who have over 700k staked assets. As of this writing the TON network had a total value locked of about $138 million and a stablecoins market cap of about $1 billion.
The TON network is expected to grow exponentially in the coming months, backed by top-tier web3 venture capitals and global liquidity expansion.
The post TON Price Analysis Today: Key Short-Term Targets for April 2025 appeared first on Coinpedia Fintech News
The significant cash inflows to the TON network from institutional investors will bolster bullish sentiment. The TON/USD pair has not yet broken out of crucial resistance levels to kickstart a fresh bull rally. The Open Network (TON) has emerged as a top contender in the highly anticipated 2025 crypto altseason. Toncoin (TON), a large-cap altcoin …
Five top PumpFun tokens to watch this week are FARTCOIN, Alchemist AI (ALCH), HOUSE, GORK, and AVA. FARTCOIN leads with a $1.1 billion market cap and a 343% gain since March 1.
ALCH and AVA are gaining traction with strong narratives, while GORK and HOUSE show high volume and volatility. All five tokens are approaching key price levels that could trigger major moves in the days ahead.
FARTCOIN
FARTCOIN has firmly established itself as the leading token on PumpFun, reaching a massive $1.1 billion market cap after climbing 144% in the last 30 days.
While much of the crypto market faced corrections, FARTCOIN continued its upward march, now up 343% since March 1.
Few meme coins have matched this level of sustained performance, placing FARTCOIN in its own category in terms of strength and consistency.
Technically, the chart still leans bullish, though the gap between short- and long-term moving averages is narrowing, signaling that momentum may be cooling slightly.
On the downside, $1.06 acts as first support, and if that level breaks, the next major area to watch is $0.94.
Alchemist AI (ALCH)
Alchemist AI (ALCH), a no-code platform that lets users build applications using artificial intelligence and natural language, has rapidly gained attention as one of the top-performing PumpFun tokens.
Over the past month, ALCH has surged nearly 170%, driving its market cap to $153 million.
Technically, ALCH is approaching a critical resistance around $0.184. A confirmed breakout above this level could lead to new all-time highs, with $0.239 as the next major target.
On the downside, $0.155 is key support—if lost, the token may retrace to $0.132, with a deeper pullback possibly extending to $0.076.
The token surged over 23% in the past seven days, but is currently undergoing a sharp 24-hour correction of more than 22%, showing high volatility common to meme-driven assets.
Looking ahead, HOUSE is nearing a key support level at $0.0569. If it holds that zone, a rebound could take it to $0.0835, and with strong momentum, even up to $0.13.
However, losing that support may signal deeper short-term weakness, and traders will be closely watching how HOUSE reacts in the coming sessions.
New XAI Gork (GORK)
GORK, launched only a few days ago, has already become one of the hottest tokens on PumpFun, with a market cap exceeding $51 million. Its rapid rise has drawn significant trader attention, driven by strong early interest and hype.
In the last 24 hours alone, GORK’s trading volume jumped nearly 82%, reaching $223.55 million, signaling intense speculative activity around the token.
The price is up 7% over the past day, and if momentum continues, GORK could soon test resistance at $0.076, with a possible move to $0.095 in a strong rally.
However, volatility remains high, and if sentiment shifts, the token could correct and test support at $0.0355. How GORK behaves around these levels will likely determine whether it can sustain its breakout or fade with the next market cycle.
Ava AI (AVA)
AVA has gained strong traction over the past week, jumping over 72% and pushing its market cap to $83 million, despite a 6% pullback in the last 24 hours.
The token was developed by the Holoworld team—an AI engine for storytelling designed to serve next-gen creators and brands through immersive, intelligent character-driven experiences.
Stellar (XLM) enters May 2025 in a fragile position, underperforming Bitcoin and other altcoins both in price action and trading volume. Despite following BTC’s general trajectory, XLM has failed to capture the same upside, while still participating fully in market corrections.
Volume has also collapsed from early-year highs, highlighting a drop in market interest and liquidity. With price sitting just above a key support and a potential death cross on the horizon, Stellar faces a critical month that could define its near-term trend.
XLM Lags Behind Bitcoin With Asymmetric Volatility
While Bitcoin has climbed over 14%, XLM has managed only a 2.8% gain, falling behind BTC and other altcoins like Hedera, which have shown stronger bullish reactions.
This muted upside signals a lack of conviction among traders and raises questions about Stellar’s momentum in the current market cycle.
Normally, altcoins are expected to amplify Bitcoin’s movements both ways: outperforming during rallies and underperforming in downturns. Stellar, however, only shows downside volatility without the upside benefit.
This imbalance makes the token vulnerable, signaling weaker market confidence and potentially limiting its appeal in a risk-on environment.
Stellar Trading Volume Collapses From Early 2025 Highs
This is well below previous highs—$480 million on April 7 and $930 million on March 3—showing a clear downtrend in market participation.
Declining volume often signals weakening interest from traders and can limit price momentum, especially in a token that already underperforms on the upside.
Daily volume frequently surpassed $1 billion in January and February, even reaching above $2 billion. That level of liquidity helped fuel stronger price action and volatility.
With current figures sitting at a fraction of those peaks, Stellar faces a market backdrop that lacks energy and conviction—potentially capping any meaningful rallies in the near term.
Stellar at Make-or-Break Support as Death Cross Looms
Stellar is hovering just above a key support level at $0.26, a zone that could determine its next major move. The EMA lines are tightening, and a potential death cross may be forming where short-term EMAs cross below long-term ones.
If the $0.26 support is lost and the death cross confirms, XLM could slide further toward $0.239 and even $0.20, signaling a deeper bearish shift.
Conversely, bullish momentum could return if Stellar price manages to bounce and break through the $0.297 resistance.
Moving past that level could open the door to $0.349 and $0.375, with further upside potential toward $0.44 and even $0.495 if volume and sentiment improve.
