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As the Crypto Week inches ever closer and traders brace for a flurry of pivotal industry legislation, Bitcoin has gone on a rally of its own. The largest cryptocurrency by market capitalization set a new all-time high (ATH) amid heightened Trump tariffs, impressive ETF figures, and heavy accumulation from Bitcoin treasury companies. Bitcoin Climbs To
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The post Top Layer 2 Tokens Set to Rise Once Ethereum (ETH) Price Reaches $3000 appeared first on Coinpedia Fintech News
Layer 2 tokens often derive their value from the Ethereum ecosystem, as they rely on Ethereum for security and settlements. Whenever the ETH price rises, confidence in the broader network increases, often boosting demand for Layer 2 solutions due to scalability needs. Conversely, falling ETH prices can reduce activity and investor interest across the ecosystem, impacting Layer 2 token valuations. Here are some of these tokens, which are waiting for the Ethereum price to secure levels above $3000 that could push the prices of these Layer 2 tokens beyond the bearish range.
Arbitrum is a leading Layer-2 scaling solution for Ethereum, designed to improve transaction speed and reduce fees using optimistic rollup technology. By offloading computation from the main Ethereum chain, it enables faster, cheaper decentralized applications while maintaining Ethereum’s security. Its native token, ARB, powers governance and ecosystem incentives, is trading within the lowermost price range and is waiting for the right time to trigger a breakout.
The historical price action of Arbitrum suggests the price has reached the end of the consolidation and hence a breakout should be imminent. The token is an inch close to the edge of the falling wedge, while the RSI is also about to reach the lower threshold. This suggests the ARB price, which is facing bearish pressure, is expected to drop close to $0.25, which may trigger a rebound and test the higher ranges.
ZKsync is a Layer 2 scaling solution for Ethereum that uses zero-knowledge rollups to offer fast, low-cost transactions without compromising security. By processing transactions off-chain and submitting concise proofs to Ethereum, zkSync enhances scalability. Its native token, ZK, supports governance and incentivizes participation. Meanwhile, the ZK price is expected to undergo more bearish action.
The recent price action of ZK suggests that some selling pressure has still made some ground, as the technicals suggest the token could break the support soon. The price is trading within a decisive symmetrical triangle and may lose the support as the RSI is yet to mark the lower threshold. Besides, the Ichimoku cloud suggests a drop in the buying volume, causing a pullback but after reaching the demand zone, a strong rebound to $0.1 is imminent.
StarkNet is a Layer 2 scaling solution for Ethereum that leverages STARK-based zero-knowledge rollups to drive high throughput and low transaction costs. Developed by StarkWare, it ensures security through cryptographic proofs. Its native token, STRK, is used for governance, staking, and covering transactions. The token is accumulating along the lower support and hence a rebound could be imminent.
As seen in the above chart, the STRK price is testing the lower support of the parallel channel. The price has dropped below the 50-day MA, which has circulated bearish clouds over the crypto. The RSI is about to reach the lower threshold, which may attract significant liquidity that may help the price to trigger a rebound and rise back above the 50-day MA and eventually reach $0.2.
Optimism is a Layer 2 scaling solution for Ethereum that uses optimistic rollups to enhance transaction speed and reduce gas fees. It inherits Ethereum’s security while enabling greater scalability. The native token, OP, powers governance, funds ecosystem development and supports protocol upgrades. Similar to the other Layer 2 tokens, the OP price is also testing the lower support, which hints towards a rebound.
As mentioned before, the OP price is testing the lowermost support level and hence is believed to trigger a rebound anytime from now. The DMI is showing signs of the bullish reversal as the ADX is heading towards the lower threshold that may trigger a rebound, which may further initiate a bullish crossover between the +Di & -Di. With this, the ichimoku cloud may also undergo a bullish crossover that may elevate the Optimism price back above $1.
The post Top Layer 2 Tokens Set to Rise Once Ethereum (ETH) Price Reaches $3000 appeared first on Coinpedia Fintech News
Layer 2 tokens often derive their value from the Ethereum ecosystem, as they rely on Ethereum for security and settlements. Whenever the ETH price rises, confidence in the broader network increases, often boosting demand for Layer 2 solutions due to scalability needs. Conversely, falling ETH prices can reduce activity and investor interest across the ecosystem, …
The post Solana Price Prediction: Potential Rally to $180 as SOL Finds Strength in Whale Buys appeared first on Coinpedia Fintech News
In the category of United States-made crypto assets, Solana (SOL) remains one of the most sought-after digital assets by both retail and institutional investors. The large-cap altcoin, with a fully diluted valuation of about $72 billion, recorded a 24 percent growth in its 24-hour average traded volume to about $5 billion on Saturday during the early European trading session.
As the dust for the U.S. reciprocal tariffs gradually settles, it is clear that Bitcoin (BTC) and the wider altcoin market are a better hedge against macroeconomic uncertainties. Moreover, Wall Street experts – led by J.P Morgan research that lowered U.S. growth estimate in 2025 by 1.6 percent – forecast a possible global recession.
The Solana network has experienced explosive growth in the tokenization of real-world assets (RWA) led by stablecoins in the recent past. With a total value locked of about $6.6 billion at the time of this writing, the Solana network has added over $8 billion in stablecoins minted since the re-election of U.S. President Donald Trump, late last year.
PayPal
Solana
SOL is coming to Venmo and PayPal — bringing Solana to users around the world with just a few taps. https://t.co/0hk9OoZ0la
— Solana (@solana) April 4, 2025
Among the recent notable integrations of the Solana network is with Venmo and PayPal. On Friday, payment giant PayPal announced the expansion of its U.S. cryptocurrency services to include Solana and Chainlink (LINK).
After being trapped in a correction mode since the second inauguration of U.S. President Donald Trump, SOL price has signaled a potential reversal towards a parabolic rally soon.
From a technical analysis standpoint, the SOL price has established a robust support level of around $113. Notably, SOL price has formed a double bottom around $113, in the daily timeframe, coupled with a rising divergence of the Relative Strength Index (RSI).
If Bitcoin price regains bullish momentum and rallies above $85k soon, SOL price will rebound above $177 in the near future. However, a consistent close below $113 will trigger a rejuvenated capitulation below $100k in the subsequent weeks.
The post Solana Price Prediction: Potential Rally to $180 as SOL Finds Strength in Whale Buys appeared first on Coinpedia Fintech News
In the category of United States-made crypto assets, Solana (SOL) remains one of the most sought-after digital assets by both retail and institutional investors. The large-cap altcoin, with a fully diluted valuation of about $72 billion, recorded a 24 percent growth in its 24-hour average traded volume to about $5 billion on Saturday during the …
The post Latvia Approves New Crypto Tax Bill, Sets 2026 Deadline for DAC8 Compliance appeared first on Coinpedia Fintech News
On June 3, the Latvian Cabinet approved Bill No. 24-TA-3148, a major step toward aligning the country’s tax laws with the Crypto Asset Reporting Framework (CARF) and the EU’s DAC8 directive. The new legislation introduces stricter reporting and due diligence rules for crypto asset service providers and will come into effect on January 1, 2026.
The new crypto bill aims to increase transparency and cooperation across the EU by ensuring all crypto transactions, including indirect investments, fall under international reporting standards.
CARF also expands CRS coverage to include digital wallets and stablecoins, aligning with the OECD’s global push for crypto regulation.
Latvia is rapidly emerging as a hub for crypto and blockchain innovation. According to the Ministry of Economics:
With a clear regulatory roadmap, Latvia is positioning itself to lead in Web 3.0 development, attracting global talent and investment in blockchain technology.
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The post Latvia Approves New Crypto Tax Bill, Sets 2026 Deadline for DAC8 Compliance appeared first on Coinpedia Fintech News
On June 3, the Latvian Cabinet approved Bill No. 24-TA-3148, a major step toward aligning the country’s tax laws with the Crypto Asset Reporting Framework (CARF) and the EU’s DAC8 directive. The new legislation introduces stricter reporting and due diligence rules for crypto asset service providers and will come into effect on January 1, 2026. …