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catalysts

Solmate launches with $300m to establish Solana treasury in UAE
NFT Gaming

Solana wipes out billions, key catalysts hint at rebound

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Solana crashed to a vital support level last week as sentiment in the crypto worsened and liquidations jumped.

Summary

  • Solana has wiped out billions in value this month, with over $400 million in bullish positions liquidated as investors pull back.
  • Still, inflows into the new REX-Osprey SOL + Staking ETF and the upcoming Alpenglow network upgrade offer potential catalysts for a rebound, setting the stage for a possible retest of $250 if the token can hold key support levels.

SOL crashes as liquidations jump

Solana (SOL) token plummeted to a low of $192, down by 20% from its highest level this month, erasing billions of dollars in value.

CoinGlass data shows that Solana bulls suffered substantial liquidations during this crash. Most of these liquidations occurred last Monday, when they jumped to over $250 million.

Solana positions worth $82 million were liquidated on Friday, bringing the cumulative weekly figure to over $400 million. Liquidations of bullish trades are a bearish catalyst because it means that exchanges are shutting down bullish positions.

The surge in liquidations coincided with the substantial decline in the futures open interest. Data shows that the open interest dropped to $13.4 billion on Sunday, down from the monthly high of $17.1 billion. Falling open interest is a sign that investors are staying in the sidelines during this crash.

Still, Solana has some bullish catalysts that may drive it higher in the coming weeks. The first one is the recently launched REX-Osprey SOL + Staking ETF (SSK), which continues to experience inflows, a sign of robust demand. It now holds about $301 million in assets, making it one of the biggest altcoin ETFs.

In line with this, Solana will benefit when the Securities and Exchange Commission approves the multiple spot SOL ETFs that companies like Canary and Grayscale have filed. SSK’s performance is a sign that investors are still interested in the coin.

Additionally, Solana’s Alpenglow upgrade is scheduled for release in the coming months, which may enhance its performance. This upgrade will introduce new features in the network, including faster speeds and a transition from the proof-of-authority architecture to proof-of-staking.

Solana price technical analysis 

SOL price chart | Source: crypto.news

The daily timeframe chart shows that the Solana price crashed and bottomed at $191 last week. This was a significant level as it coincided with the bottom of the trading range of the Murrey Math Lines and the 38.2% Fibonacci Retracement level. 

The decline also coincided with the 100-day Exponential Moving Average. Therefore, it is likely that the SOL price will bounce back and possibly retest the psychological level at $250. Such a move would imply a 26% upside from the current level.

A drop below the ascending trendline that links the lowest swings since June will invalidate the bullish Solana price forecast.



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MSP Miner launches new cloud mining contract for XRP holders
NFT Gaming

XRP price Elliot Wave pattern points to a surge as catalysts mount

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XRP price dropped to an important support level today, Sept. 26, as the recent cryptocurrency market crash continued.

Summary

  • An Elliot Wave analysis points to an eventual XRP price rebound in the fourth quarter.
  • The coin has formed other bullish patterns like a flag and cup-and-handle, pointing to more gains.
  • There are signs of more demand for XRP after the spot XRP ETF approvals.

Ripple (XRP) token dropped to $2.7, down by 26% from its highest level this month. Still, its technical and points to a strong rebound in the coming weeks.

XRP price Elliot Wave pattern points to a rebound 

The daily timeframe chart shows that the XRP price is in the impulse phase of the Elliott Wave pattern.

The first phase started in June and then ended on July 18. It is now in the second phase, which normally retraces between 50% and 61.8% of the first bullish wave.

The second phase is then followed by the third one, which is normally the most bullish and the longest.

XRP has also formed other highly bullish chart patterns. For example, the lower side of the second Elliott Wave coincided with the formation of a double-bottom pattern at $2.70. The neckline of this pattern is at $3.20.

Additionally, the coin has formed a descending channel, which is part of the bullish flag pattern, one of the most popular continuation chart patterns in technical analysis.

The falling channel is part of the formation of the handle section of the cup-and-handle pattern.

Therefore, the combination of the Elliott Wave, double-bottom, bullish flag, and cup-and-handle points to an eventual rebound, potentially to the year-to-date high of $3.65, followed by the psychological level at $5.00

XRP price chart | Source: crypto.news

ETF growth to boost the Ripple token 

XRP price has some notable catalysts that will help drive it higher in the coming weeks.

The most notable one is the rising odds that the Securities and Exchange Commission will approve the spot XRP ETFs as early as in October when the deadline for most of them comes. 

XRP ETFs will likely have strong demand, as the recently launched XRPR fund has demonstrated, with its assets jumping to nearly $100 million in just a week.

The other futures-based XRP ETFs, like those launched by Teucrium and ProShares, have had substantial inflows in the past few months.

XRP Ledger has become a top-ten chain in the real-world asset (RWA) tokenization industry with over $350 million in assets. The developers hope to continue growing this market share by launching a new upgrade later this year.

Ripple Labs also hopes to become a major player in the payments industry, where it is partnering with banks and other companies to help simplify cross-border payments. Its stablecoin, RLUSD, which has accumulated $741 million in assets, will play a major role in this.



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Top three catalysts that could fuel the next BNB price rally
NFT Gaming

Top three catalysts that could fuel the next BNB price rally

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The Binance Coin price is once again in the four-digit territory. With momentum building, several strong catalysts could drive the next rally for the coin.

Summary

  • BNB price could soar to new heights based on three factors: lower gas fees, institutional accumulation, and bullish technical indicators.
  • BNB Chain validators have proposed a 50% gas fee reduction and faster block times, measures expected to boost network activity.
  • Firms like B Strategy, Nano Labs, and CEA Industries are accumulating BNB, with rising ETF interest signaling broader adoption.
  • BNB is up over 15% in 30 days. While RSI and MACD remain bullish, a breakout above $1,026 could open the door to $1,050–$1,080.

The Binance Coin price is trading above the $1,000 mark once again, showing renewed strength after dipping to $975 earlier this week. The recovery reflects growing investor confidence and a resurgence in buying pressure. Looking ahead, three major catalysts could drive the next BNB rally.

50% gas fee reduction proposal

The BNB (BNB) Chain community recently proposed a major network upgrade: cutting minimum gas fees by 50% from 0.1 Gwei to 0.05 Gwei and reducing block intervals from 750ms to 450ms. These changes would make the Binance Smart Chain faster and cheaper, attracting more traders, developers, and protocols. 

With fees potentially dropping by 90% to just $0.001 per transaction in the future, BSC could become one of the most cost-efficient networks in crypto. Historically, lower fees have led to spikes in user activity and transaction volume, which, in turn, could increase BNB’s demand and subsequently, its price.

Rising institutional fuel BNB price boost

Institutional adoption is playing a growing role in BNB’s market trajectory. Major players like B Strategy, CEA Industries, and Nano Labs have recently disclosed substantial BNB holdings. Their long-term positions suggest confidence in the asset’s future, beyond retail speculation. 

Furthermore, demand for a BNB-based ETF is heating up. REX-Osprey filed to launch the first BNB staking ETF last month, and if approved, it could open the door for broader institutional inflows, adding sustained upward pressure on BNB’s price.

BNB technical outlook

BNB price chart | crypto.news

According to market data from crypto.news, BNB is trading at $1,012 at press time, with weekly and monthly gains of 5.8% and 15.4% respectively. Technical indicators remain positive, with its Relative Strength Index (RSI) at 65.77, still below overbought levels, while the MACD shows a bullish trend. 

If bulls manage to break the $1,026 resistance, BNB price could target $1,050–$1,080. However, holding above $1,000 remains crucial to avoid slipping toward $991 or even $944. For now, the structure leans bullish, pending confirmation in the coming sessions.



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Top catalysts for the crypto market this week
Crypto Trends

Top catalysts for the crypto market this week

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The crypto market had a strong performance last week, with the combined market capitalization of all coins jumping back to over $4 trillion. 

Summary

  • The crypto market will react to the upcoming Federal Reserve rate decision.
  • The Altcoin Season Index has been in a strong uptrend lately.
  • Some notable coins will have major token unlocks this week.

Renewed hopes that the Federal Reserve would make interest rate cuts a reality field the rally, along with the Gemini IPO.

Here are the top catalysts that will drive the crypto market this week.

Crypto market to react to Federal Reserve decision

Economists polled by Reuters expect the U.S. central bank to cut the interest rate after the upcoming meeting begins this Tuesday, Sept. 16, and wraps on Wednesday, Sept. 17

Odds of a cut have intensified after the U.S. released weak jobs numbers earlier this month. A report showed that the economy added just 22,000 jobs in August, while the unemployment rate rose to 4.3%. 

Historically, stocks and the crypto markets do well when the Federal Reserve is cutting interest rates as it normally incentivizes a risk-on sentiment among investors. For example, Bitcoin (BTC) and most altcoins jumped to a record high during the pandemic as it slashed rates to zero and implemented quantitative easing.

The risk, however, is that the upcoming interest rate cuts have been priced in, which may lead to a pullback. 

Altcoin Season Index rising

The other primary catalyst for the crypto market will be the rising Altcoin Season Index, which has moved to over 80. Top altcoins like MYX Finance, MemeCore, OKB, Pudgy Penguins, Cronos, Story, and Mantle drove this increase. 

The rising Altcoin Season Index may drive more investors to these coins this week, leading to a strong performance. 

However, in some instances in the past, the entry into the altcoin season has led to a pullback as investors book profits. For example, most altcoins pulled back in late July after the index jumped to 55. 

Dogecoin and XRP ETFs launch

The other primary catalyst for the crypto market will be the launch of the first Dogecoin (DOGE) and Ripple (XRP) ETFs, potentially on Thursday. 

These ETFs will be from Rex-Osprey, whose ETFs were approved a few months ago. The funds will be different from the standard ETFs in that they are based on the Investment Company act and, possibly, more expensive. 

These ETFs will come as market participants wait for the main crypto ETFs, which will likely be approved in October.

Major token unlocks

The crypto market will also react to the upcoming token unlocks. Arbitrum, the second-biggest layer-2 network, will unlock token worth over $49.9 million on Monday. 

ApeCoin will release coins worth over $9.69 million, while Zetachain will unlock coins worth $8.6 million. The other top unlocks this week will be Melania, LayerZero, Velo Finance, and Kaito.



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Traders Caution of 12% Drop as Lack of Catalysts Marr Sentiment
GameFi Guides

Traders Caution of 12% Drop as Lack of Catalysts Marr Sentiment

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Bitcoin’s (BTC) slide into September comes with an uncomfortable reminder for traders that history is not on their side.

The largest token by market capitalization has declined in nine of the last 14 September months, with an average monthly loss of around 12%.

This seasonality looms large again in 2025. Bitcoin opened the week near $110,000, its weakest level in nearly two months, and total crypto market capitalization has slipped to $3.74 trillion, reaching a three-week low.

BTC prices have been flat over the past 24 hours, with Solana’s SOL (SOL) leading gains at 4%, XRP XRP$2.8149 posting 1% and Cardano’s ADA (ADA) rising 1.5%.

Traders say the combination of macro uncertainty, fragile sentiment, and thinning volumes leaves little room for error heading into what has historically been the toughest month on the calendar.

The technicals don’t inspire much confidence either. Alex Kuptsikevich, chief market analyst at FxPro, noted that the broader capitalization chart “continues to record a series of lower lows, signaling a downward trend.”

He pointed to Bitcoin’s failure to hold $112,000 and warned of “further decline toward the $105,000 area,” a level that has long acted as support before the psychological $100,000 barrier.

The crypto fear index has slipped back toward 40, its lowest since April, suggesting nerves are rising before they’ve fully broken.

In 2017, bitcoin dropped nearly 8% in September despite the euphoric rally that carried it to $20,000 later that year. In 2019, the token lost almost 14% in September, foreshadowing months of sideways action.

Even in the latest cycle, September 2021 and 2022 both saw steep drawdowns, reminding traders that liquidity drains and macro jitters often coincide with the end of summer.

This year, those headwinds are visible in ETF flows. After steady accumulation through much of August, spot bitcoin ETFs in the U.S. recorded net outflows of $440 million last week.

Ether ETFs, which launched just last year, posted more than $1 billion in inflows, marking a rare bright spot but also a sign that capital may be rotating rather than growing overall.

Meanwhile, CryptoQuant data shows spot ETFs have now absorbed more than 1.3 million BTC, nearly 6% of total supply, putting them on par with the largest exchanges for market share.

The risk is that support levels break before macro relief arrives. Non-farm payrolls due Friday are expected to show just 45,000 new jobs, confirming a slowing U.S. labor market.

A soft print would strengthen the case for a September rate cut from the Fed, a catalyst that could flip sentiment back to risk-on. Until then, traders are paying up for downside hedges.

Options data shows the strongest demand for puts in weeks, with skew leaning firmly bearish, FxPro’s Kuptsikevich noted, calling for caution among intra-day traders.



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 Is Pi Network price ready for a bullish reversal?
GameFi Guides

Pi Network price eyes $1 breakout as key catalysts align

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After plummeting from a $20 billion market cap to just $2.7 billion following its February mainnet launch, Pi Coin’s price could surge to $1 in September, driven by several key catalysts—including a crucial network upgrade and growing institutional interest.

Summary

  • Pi Network price could surge to $1 in September, helped by top catalysts.
  • It has formed a bullish double bottom and falling wedge patterns.
  • The upcoming Pi upgrade and potential exchange listings may push it higher.

Pi Network price catalysts for September

Pi Coin (PI) is on the cusp of a significant price move, trading at $0.366 on Saturday, Aug. 30, slightly above its recent low of $0.3167. Its market value has plunged from nearly $20 billion after its mainnet launch in February to $2.7 billion. 

The Pi coin value could jump to $1 in September, driven by several key catalysts. First, Pi Network will launch a crucial network upgrade as part of Stellar’s movement to Protocol 23. Pi, which utilizes the Stellar Consensus, will upgrade from version 19 to 23, enabling additional functionality for the network. 

One of the top functionalities is that the upgrade will allow the KYC authority to be assigned in the future. In other words, it will provide a more distributed and community-driven KYC process. The upgrade will also make it easy for developers to build and launch apps on the Pi Network.

The other potential catalyst is the potential institutional interest in Pi. For example, Valour, a company with over $1 billion in assets, became the first one to launch a PI ETP in Sweden. 

This institutional adoption may also prompt at least one major crypto exchange, such as Coinbase and Binance. An exchange listing would lead to a parabolic move as some tokens like Story and Ethena. 

Pi Network price will also benefit from macro factors, such as the potential interest rate cuts by the Federal Reserve. Historically, these cuts have led to greater gains among riskier assets, such as cryptocurrencies and stocks. 

Pi Coin price has strong technicals

Pi coin chart | Source: crypto.news

The other main catalyst for the Pi Network price in September is that its technicals are highly supportive. Its daily chart shows that it has formed a double-bottom pattern at $0.3167, its lowest level on Aug. 1 and 25, and a neckline at $0.4646. A double-bottom is a common bullish reversal sign. 

Pi Network price has also formed a falling wedge pattern and is in the accumulation phase of the Wyckoff Theory. A wedge is formed by two descending and converging trendlines, potentially resulting in a breakout to the psychological point at $1, which is over 180% above the current level. 



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Crypto Trends

LINK Is Up 18% Today; Here Are the Catalysts and What Analysts Are Saying

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Chainlink’s LINK token jumped 18% to $26.05 on Sunday, according to CoinDesk Data, pacing the top 50 cryptocurrencies by percentage gain as analysts and traders cited momentum and recent fundamental catalysts.

What Analysts Are Saying

Altcoin Sherpa described LINK as “one of the best coins right now,” pointing to chart strength that could carry toward $30. He explained that round-number levels like $30 often act as psychological barriers where sellers take profits, so traders should be cautious about chasing the move too late.

Zach Humphries, another analyst, argued that LINK remains “very undervalued” at current prices. He emphasized that Chainlink underpins much of decentralized finance by delivering the price feeds and cross-chain services many protocols rely on. From his perspective, the token should be treated as a bet on critical infrastructure rather than just another speculative asset.

Milk Road highlighted the strong trading backdrop. The publication noted a 66% surge in 24-hour trading volume and said LINK’s clean breakout above $24.50 added conviction for momentum traders. They tied the bullish tone back to two key August developments: the launch of Chainlink’s new onchain reserve and its data partnership with Intercontinental Exchange (ICE).

Chainlink Reserve

On Aug. 7, Chainlink introduced the Chainlink Reserve, a smart contract treasury designed to steadily accumulate LINK over time. The mechanism works by converting the project’s revenue — paid in stablecoins, gas tokens, or fiat — into LINK and then locking those tokens onchain for multiple years.

The conversion process, called Payment Abstraction, automates this workflow. It uses Chainlink’s own services — price feeds for fair conversion rates, automation to trigger transactions, and CCIP to consolidate fees from different chains — before swapping into LINK via decentralized exchanges.

Chainlink says the Reserve has already accumulated more than $1 million worth of LINK, with no withdrawals planned for several years. It also earmarks 50% of fees from staking-secured services such as Smart Value Recapture to feed the Reserve, creating a recurring stream of inflows.

The initiative serves two strategic purposes.

First, it strengthens the link between adoption and token demand by ensuring usage revenues convert directly into LINK.

Second, it provides transparency: anyone can view inflows, balances, and the timelock at reserve.chain.link.

Chainlink has framed the Reserve as one piece of a broader economic design that includes user-fee growth and cost reductions via the Chainlink Runtime Environment. For investors, the practical takeaway is that network growth can now translate into steady, programmatic accumulation of LINK on the open market.

Chainlink’s dashboard shows the reserve now holds about 109,663 LINK tokens, with a market value of roughly $2.8 million. The data also highlights that the average cost basis of these holdings is $19.65 per token, underscoring the program’s early accumulation strategy.

ICE Partnership

On Aug. 11, Chainlink announced a partnership with Intercontinental Exchange (ICE), the operator of the New York Stock Exchange. The collaboration integrates ICE’s Consolidated Feed, which provides foreign-exchange and precious-metals rates from more than 300 venues, into Chainlink Data Streams.

ICE is one of several blue-chip contributors to these datasets, which are aggregated by Chainlink to create fast, tamper-resistant data feeds for use onchain. By incorporating ICE’s market coverage, Chainlink aims to make its feeds more attractive for banks, asset managers, and developers building tokenized assets or automated settlement systems.

Chainlink Labs described the integration as a watershed moment for institutional adoption. The thinking is that traditional finance players need proven, high-quality data to interact with blockchain applications, and bringing ICE’s feeds onchain helps meet that standard.

The partnership marked one of the clearest examples yet of a major Wall Street market data provider engaging with blockchain infrastructure. By giving decentralized applications direct access to ICE’s financial data, it positioned Chainlink as a bridge between traditional markets and decentralized finance.

Looking Ahead

Analysts highlight LINK’s strong trend, undervaluation and accelerating momentum, suggesting the token is in a position of strength as investors digest Chainlink’s recent strategic moves.



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