Solana (SOL) has finally surged above $190 for the first time in five months after its price increased by 5.63% today, July 21. Solana price is now close to moving above the highly anticipated level of $200, and a golden cross might support a rally to this target. The current gains have also drawn a
Solana tokens like HOTMOM, DOOD, and IKUN are gaining serious traction as some of the most active and talked-about new launches on the network. HOTMOM is leading the meme coin charge with a $54 million market cap and strong backing from public figures.
DOOD, the official token of the Doodles NFT collection, has quickly attracted nearly 160,000 holders, riding the wave of NFT projects launching native tokens. Meanwhile, IKUN is drawing massive transaction volume and continued whale accumulation, signaling strong momentum despite shifts in smart money behavior.
Hot Mom (HOTMOM)
HOTMOM has quickly become one of the most talked-about Pump tokens, gaining major traction just three days after launch.
With over 6,500 holders and a market cap of $54 million, it’s showing signs of strong early adoption in the meme coin space. If good momentum continues, HOTMOM could rise to test the $100 million market cap.
The token has surged more than 37% in the last 24 hours, backed by impressive activity—logging over 52,000 daily transactions and $8.7 million in trading volume.
According to Nansen, HOTMOM is held by some well-known figures like threadguy, Crypto Ninja, and gake—a Solana smart trader with an on-chain net worth of $1.73 million.
The token has attracted nearly 160,000 holders in just three days and reached a market cap of approximately $53 million, showing strong initial demand across the crypto and NFT communities.
The launch follows a growing trend of major NFT projects rolling out their tokens, similar to what Pudgy Penguins did with PENGU a few months ago and Bored Ape did with APE a few years ago.
Between May 9 and May 12, whale holdings of DOOD jumped dramatically from 69,202 to 250 million, signaling significant early accumulation.
In the last 24 hours, the token recorded 5,509 transactions and $734,000 in trading volume.
Ikun (IKUN)
IKUN has emerged as one of the more active tokens on Solana, with nearly 6,000 holders and a market cap exceeding $12 million.
In the last 24 hours alone, it saw an impressive 112,265 transactions and $37 million in trading volume.
Smart money holdings in IKUN have dipped slightly in recent hours. Public wallets still hold around $320,000 worth of the token. Meanwhile, whales continue to accumulate.
According to Nansen, Unipcs is the largest whale, holding 12.45 million IKUN worth roughly $150,000. Despite shifting dynamics among retail and smart wallets, this ongoing whale activity shows confidence in IKUN’s short-term potential.
After much wait, Paul Atkins has finally been sworn in as the new US SEC Chairman and is believed to bring better regulatory and supportive decisions related to the cryptocurrency ecosystem. Although his responsibilities are not limited to this industry, the focus is definitely on it, aligning with Donald Trump’s vision to make America the crypto capital. Before that takes shape, let’s discuss the top five facts to know about the new SEC Chair.
5 Not-to-Miss Facts About Paul Atkins
Paul Atkins, a 67-year-old American businessman and father of two, is the 34th SEC Chairman after having sworn on April 22, 2025. The current U.S. President, Donald Trump, nominated him for the SEC Chairman role. And after the Senate’s approval, he is replacing the acting chairman, Mark Udeya, since Gary Gensler resigned.
Interestingly, he has worked with the SEC before, as the commissioner of the U.S. Securities and Exchange Commission from July 9, 2002, to August 2008, where he served with Christopher Cox, William H. Donaldson, and Chairman Harvey Pitt.
He is a pro-crypto supporter and has a history of working with various Fintech companies. His support for the industry was also made clear during the ceremony, as Atkins proclaimed Bitcoin and crypto as top priorities.
Interestingly, he began his career as a Lawyer after studying at Vanderbilt University School of Law in 1983. Here, he worked on a vast array of corporate transactions, public and private offerings, mergers, and much more.
His experience in government and the fintech industries is seen as a positive catalyst for introducing and maintaining regulations.
Paul Atkins News: What to Expect From The New SEC Chairman?
Even before joining the SEC, Paul Atkins has been quite vocal about his focus once he gains the position. Atkins has pledged to maintain a fair, orderly, and efficient market while ensuring investor protection.
As I return to the SEC, I am pleased to join with my fellow Commissioners and the agency’s dedicated professionals to advance its mission to facilitate capital formation; maintain fair, orderly, and efficient markets; and protect investors.
He is expected to strengthen and simulate the regulatory developments of the industry, beginning with joining the upcoming crypto roundtable meetings. More importantly, better conclusions on the Ripple vs SEC could come out due to his influence.
Additionally, more than 17 crypto ETFs are awaiting the SEC’s attention and potential approval that Atkins needs to address immediately. Overall, there are many legal battles and regulatory developments in process, which will be under his care now.
The wider altcoin market, led by memecoins, has signaled a bullish breakout soon amid ongoing trade war negotiations.
ETH/USD has been following a similar fractal pattern in the ongoing macro bull run to the 2020/2021 cycle.
Ethereum (ETH) price has stabilized around $1,583 in the past three days. The large-cap altcoin, with a fully diluted valuation of about $192 billion and a 24-hour average trading volume of about $8.52 billion, has hinted at a potential bullish rebound after slowing down capitulation in the past seven days.
Moreover, the gold price retrace in the past 24 hours has accelerated cash rotation to the highly oversold crypto market, which has established itself as a reliable alternative investment to the highly volatile stock market that is engulfed by short-term uncertainties.
Ethereum Whales on a Shopping Spree
On-chain data shows a sharp uptick of whale activities seeking to accumulate Ether from centralized exchanges in the last few days. For instance, a whale wallet linked to Metalpha has withdrawn 29k Ether, worth nearly $49 million, from the Binance exchange since April 1.
Another whale investor has withdrawn 46,577 Ether, worth about $97.26 million, from Gate.io Since February 15. Another whale investor has withdrawn 10,091 ETH, worth about $18.8 million, from Bybit since March 12.
However, the overall demand for Ether by institutional investors, led by U.S. spot ETH ETFs, has remained low. Already, Galaxy Digital has deposited 62,181 ETH, worth about $100 million, to different exchanges in the past six days.
ETH Price Analysis
In the weekly timeframe, Ether’s price, against the U.S. dollar, has been bleeding since mid-December 2024. Most importantly, Ether has been bleeding to Bitcoin since August 2022. With both ETH/USD and ETH/BTC heavily oversold, a rebound may happen in the near future catalyzed by robust fundamentals.
In the daily timeframe, ETH/USD has been forming a potential reversal pattern, characterized by a symmetrical triangle. As a result, a consistent close above the established falling logarithmic trend will trigger a rally toward $2.1k ahead.
However, a strong correction below $1,500 in the coming days will result in further capitulation potentially towards $1,290.
The post Ethereum Breakout Looms: Whales Piles Up in Anticipation of Big ETH Price Surge appeared first on Coinpedia Fintech News
The wider altcoin market, led by memecoins, has signaled a bullish breakout soon amid ongoing trade war negotiations. ETH/USD has been following a similar fractal pattern in the ongoing macro bull run to the 2020/2021 cycle. Ethereum (ETH) price has stabilized around $1,583 in the past three days. The large-cap altcoin, with a fully diluted …