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Coinshares Reports $32.4M Q2 Profit Amid Crypto Gains
Crypto Trends

CoinShares Reports $32.4M Q2 Profit Amid Crypto Gains

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CoinShares, a leading European digital asset manager, reported a net profit of $32.4 million in the second quarter, slightly up from $31.8 million in the last year.

CoinShares reported that its total assets under management (AUM) rose 26% to $3.46 billion, despite $126 million of outflows in XBT. Growth was supported by a 29% rise in Bitcoin and a 37% increase in Ethereum during the quarter. 

The Asset Management division generated $30 million in management fees, supported by $170 million in net inflows into CoinShares Physical products. This marked the second-strongest quarter ever for this product line. The BLOCK Index returned 53.7%, beating Bitcoin as well as traditional benchmarks such as S&P 500 & MSCI World.

CoinShares’ Capital Markets and Treasury

CoinShares’ Capital Markets unit earned $11.3 million during the quarter. Ethereum (ETH) staking was the largest contributor, bringing in $4.3 million. Meanwhile, Delta Neutral Trading Strategies earned $2.2 million, and Lending contributed $2.6 million.

The treasury management team had $7.8 million in unrealized gains, up from a $3 million loss in Q1. CoinShares continues to manage its treasury holdings strategically to get the most out of them.

Future Outlook

Bitcoin reached an all-time high of $124,128 on August 14, 2025, and Ethereum reached $4,948 on August 24, 2025. With these historic highs, CoinShares CEO Jean-Marie Mognetti indicated the company is expecting a good second half of the year.

Jean-Marie said, “We believe this move from Sweden to the US will unlock substantial value for our shareholders by entering a market with significant breadth and depth and where market leading companies in the digital asset sector are highly valued by investors.”

He further noted that heightened market activity post-quarter depicts favorable momentum. Mognetti further stated that CoinShares is undergoing a US listing, which may unlock a lot of value for the shareholders.

Also Read: Crypto Execs To Launch $200M Bitcoin Infrastructure SPAC Eyeing IPO



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TON Gains Robinhood spot, but recovery to $8 peak remains elusive
Crypto Trends

TON Gains Robinhood spot, but recovery to $8 peak remains elusive

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While Robinhood’s listing provided a predictable, though modest, price jolt, the sobering reality for TON bulls is a chart still painted deep red. The token remains a staggering 60% down from its historic peak, a chasm that seems too wide for a single listing to bridge.

Summary

  • Robinhood adds TON spot trading on August 28, briefly lifting its price from $3.12 to $3.25.
  • TON remains 61.6% below its all-time high of $8.24 set in June 2024.
  • The listing puts Robinhood ahead of Coinbase, which has not yet launched TON trading.

On August 28, Robinhood confirmed the addition of The Open Network’s Toncoin (TON) spot trading to its crypto lineup, widening its roster beyond recent listings like SUI, FLOKI, ONDO, and PENGU.

The debut triggered a brief price reaction, with TON climbing from $3.12 to $3.25 before retracing gains to trade at $3.16 by press time, according to crypto.news data. The move puts Robinhood ahead of Coinbase, which has yet to roll out support for the Telegram-linked token.

The uphill climb: contextualizing TON’s muted response

Despite the positive catalyst, TON’s weekly chart remains in negative territory, with the token down over 4% in the past seven days. More significantly, it continues to trade a formidable 61.6% below its all-time high of $8.24, a peak established during the market euphoria of June 2024.

This substantial drawdown underscores a persistent challenge: while listings provide visibility, they often lack the fundamental firepower needed to reverse deep-seated bearish trends on their own. The asset is not just battling for new buyers but working to convince a cohort of bagholders who bought near the top that a recovery is imminent.

This tepid performance stands in stark contrast to the explosive moves seen across the broader altcoin market on the same day. While TON remained relatively flat, other tokens leveraged specific, high-impact ecosystem news to generate monumental rallies.

Cronos (CRO) skyrocketed over 18% following the announcement that Trump Media Group would anchor a $6.4 billion treasury on the token. Solana (SOL) surged 3% after DeFi Development Corp disclosed a massive $77 million SOL acquisition for its corporate treasury. Chainlink (LINK) saw a steady 2% climb after Caliber publicized its strategy to accumulate LINK tokens.

Perhaps the most telling comparison is with Pyth Network (PYTH), which erupted for a nearly 60% single-day gain. This monumental pump was not triggered by an exchange listing, but by a foundational development: a formal partnership with the U.S. Department of Commerce for onchain data verification.

This event provided a concrete utility and legitimacy boost that fundamentally altered the project’s value proposition, an outcome far more potent than the simple increased accessibility provided by a new trading venue.



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NFT Gaming

Buzzy Ethereum Game Football.fun Has Soccer Fans Scoring Crypto Gains

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In brief

  • Football.fun is a new on-chain soccer platform that blends crypto trading with fantasy sports gameplay.
  • The platform has grown by more than 10x in the last two weeks.
  • Users can buy shares in their favorite soccer players from the world’s top pro leagues and profit on their success.

The growing soccer talk among active crypto traders is not just due to the return of the English Premier League (EPL), but also thanks in large part to Football.fun—a growing on-chain ecosystem that has provided sizable returns to early participants and soccer fans alike. 

The newly established protocol built on Coinbase’s Ethereum layer-2 network, Base, allows users to buy shares in their favorite soccer players like Lamine Yamal and Kylian Mbappe across the world’s top professional leagues—like the EPL, La Liga, and Bundesliga—and be rewarded based on their actual performance. 

The game blends the experience of opening trading cards with elements of fantasy sports and crypto trading, and has grown more than 10x in just a few weeks—with the total market cap of player shares jumping from $6 million to more than $65 million since August 12. 

We’ve seen soccer fandom come to crypto in other ways before, such as through NFT fantasy game Sorare and via official fan tokens for a variety of top teams. But Football.fun is the latest effort that’s making waves—here’s how it works.

How Football.fun works

On Football.fun, users can trade shares of professional soccer players from the world’s top leagues. 

These shares not only act as a representative for the player in fantasy contests that reflect their on-the-pitch performance, but they also operate like crypto tokens, allowing users to speculate on their future value by buying and selling them like other popular crypto assets or meme coins. 

That speculation has led to massive gains for early users as the platform saw an influx of new users and rush of deposits, now up to $17 million in total, and a peak daily trading volume of greater than $15 million on August 24 according to a Dune dashboard. 

Shares can be acquired in two different ways: from the open market, where a user can use Gold (GOLD), the Football.fun market currency that is backed 1:1 with stablecoin USDC; or via packs, which can be acquired with tournament points (TP), earned via play in the platform’s biweekly fantasy contests. 

Packs, which offer shares in four random soccer players, come in three different tiers and prices, with the lowest offering 8-14 shares of players and the highest offering 285-535 shares for 2,000 TP. 



Because shares are only distributed via packs or the open market, the price of each player is wholly determined by the market supply and demand. Leading players like Yamal and Mbappe are priced at 1.61 GOLD and 1.22 GOLD, respectively–or $1.61 and $1.22 per share. 

Shares in less established or less skilled players can be acquired for as little as $0.02 per share. 

Playing Football.fun

The utility of a player’s shares reaches beyond speculation, as Football.fun users can use them to create “squads” playable in biweekly tournaments on the site. 

These squads or lineups act like those in typical fantasy sports leagues, traversing up and down leaderboards based on the actual performance of the players on the pitch. In addition to getting points for scoring goals and saving shots, players also can have points subtracted for blunders like own goals or missed chances. 

For each tournament, the soccer players that perform inside the top five at their position (or top three for goalkeepers) are rewarded—ultimately rewarding the Football.fun user who has them on their squad with Tournament Points (TP) and Skill Points, which allow them to promote players to their active squad.

Because TP is needed to open packs, a flywheel is created in which players are incentivized to create a squad to earn TP, and then use the TP to earn shares, which they can use to play the game or sell on the open market. 

But there’s a twist to playing shares on Football.fun: You can’t just own all the top players and use them for every single tournament. 

Instead each share comes with four “contracts,” or uses within a tournament on the platform. In other words, one share of Yamine Lamal will allow the user to put him on a roster and accrue points for his performance only four times. After that, a user must pay to “renew” his contract or purchase more shares of the player to use them in tournaments. 

Own the players you back every weekend.

Build your squad with Europe’s biggest stars.

Compete, win, and own the world of football.

Built on Base. pic.twitter.com/l0RcqOXcEV

— Football.Fun (@footballdotfun) August 11, 2025

Though the platform is in its infancy, it has already amassed more than 12,000 unique depositors for its pro product, and more than 3 million GOLD sits in balances on the platform waiting to purchase shares of new players on the open market. In the future, it intends to add a scouting system to help widen the pool of available soccer players.

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Investors flock to this viral coin poised to surge from under $0.003 to massive gains
GameFi Guides

Investors flock to this viral coin poised to surge from under $0.003 to massive gains

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

XRP and SHIB show weakness, while Little Pepe under $0.003 draws attention.

Summary

  • XRP and SHIB struggle as traders rotate into Little Pepe under $0.003.
  • LILPEPE’s Layer-2 utility, launchpad, and zero-tax trading set it apart in 2025.
  • Analysts project it could surge from $0.003 to $3 in the next memecoin cycle.

The crypto market has entered a decisive phase of rotation. Despite its recent legal win, Ripple (XRP) lost a major support. 

Meanwhile, Shiba Inu (SHIB) continues its downtrend toward $0.000011. While both tokens flashing worrying signals of weakness, investors are turning their attention to a viral memecoin built on Ethereum with unique fundamentals: Little Pepe (LILPEPE). 

Currently selling below $0.003, analysts tipped LILPEPE to rally toward $3 in this cycle.

XRP loses steam, traders seek alternatives

XRP has struggled to hold ground after failing to reclaim a major support level. The price effect is negligible despite recent encouraging developments like the SEC lawsuit dismissal and growing spot ETF approval enthusiasm.  

XRP Price Chart | Source: CoinGecko

Technicals point to a bearish descending triangle, with analysts warning of a possible slide toward $2.40. On-chain data shows falling active addresses and reduced XRP Ledger demand, indicating weaker network activity. 

This suggests XRP may remain under pressure, leading traders to switch to high-upside trades. The timing has made LILPEPE an attractive alternative for those seeking higher growth potential.

Shiba Inu faces bearish pressure

Shiba Inu is also flashing red flags. A recent “death cross” between its short- and mid-term moving averages has spooked traders, signaling the possibility of deeper downside. SHIB has slipped under its $0.00001270 support, with burn activity plummeting by over 98% in 24 hours, a worrying sign for a token reliant on deflationary hype.

Shiba Inu Price Chart | Source: CoinGecko

Despite heavy trading volume, SHIB’s technical outlook suggests more pain ahead. Investors burned by recent dips are exploring fresh memecoin opportunities, and Little Pepe’s presale success has caught their eye.

Little Pepe: The memecoin breaking out

While XRP and SHIB are struggling, Little Pepe  is moving in the opposite direction. The Ethereum-based meme token has raised over $22.3 million across 11 sold-out presale stages, with more than 4.25 billion tokens already sold. 

Its next stage is live at just $0.0021, with a confirmed exchange listing at $0.003. Unlike traditional memecoins, LILPEPE has a utility-stacked sniper-bot-resistant Layer 2 ecosystem.

It offers zero buy/sell tax, making it trader-friendly and highly liquid. Its standout feature, the PEPE Launchpad, is designed to incubate and secure future meme projects, giving LILPEPE real-world utility in a sector often dismissed as hype-driven. Security-wise, Little Pepe is proactive.

The project recently completed its Certik audit, ensuring a safe transaction experience. Meanwhile, its community is actively participating in the ongoing $777k giveaway.  With meme season heating up, analysts project that LILPEPE could achieve gains that few coins can match, moving from below $0.003 to potentially $3 in the next cycle.

$0.003 to $3? Why traders are rotating into LILPEPE

Little Pepe’s presale has progressed rapidly across several stages since launch in June, thanks to significant capital rotation from blue-chip cryptos. Several analysts believe the project can 1000x from its listing price to $3, here is why: 

  1. Microcap Advantage: Little Pepe is entering a fresh play with enough space to rally.
  2. Utility Beyond Memes: The PEPE Launchpad adds a genuine use case.
  3. CEX Listing Plans: This will enhance liquidity and increase its price for an explosive surge. 
  4. Timing: Ethereum breaking multi-year resistances often fuels meme surges.

These factors combine to make LILPEPE the natural landing spot for capital flowing out of XRP and SHIB.

From rotation to opportunity

As the market shifts, XRP’s descending setup and SHIB’s death cross push traders to rethink their positions. The narrative is apparent: capital flows into new viral opportunities with higher upside. And in 2025, that opportunity is Little Pepe. With presale entry under $0.003 and a confirmed listing at $0.003, early adopters can ride one of the cycle’s most dramatic meme coin rallies, with projections pointing toward $3. 

Don’t wait until LILPEPE hits the exchanges. Join the presale today.

To learn more about Little Pepe, visit the website, Telegram, and X.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.



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Bitcoin Price Gains Can Hit 44% Between Now and Christmas
Crypto Trends

Bitcoin Price Gains Can Hit 44% Between Now and Christmas

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Key points:

  • Bitcoin can reverse its latest slump to hit new all-time highs in the next four months, based on historical performance.

  • Research says that the outlook for Bitcoin between now and Christmas is “positive yet less volatile.”

  • The current dip may be “frontrunning” traditional September BTC price downside.

Bitcoin (BTC) faces average gains of 44% by Christmas as analysts play down the impact of a deeper BTC price correction.

Research from network economist Timothy Peterson, released on X this week, predicts “positive” performance for BTC/USD in Q4.

Bitcoin analysis plays with $160,000 target

Bitcoin traditionally sees its weakest gains in September, a month that BTC/USD has never finished more than 8% higher.

BTC/USD monthly returns (screenshot). Source: CoinGlass

Despite that, Peterson, who regularly compares performance over multiple bull markets, remains optimistic.

“Exactly Four Months Until Christmas. How does Bitcoin fare during this time? Up 70% of the time. Average gain +44%,” he summarized.

That average upside would put Bitcoin at $160,000 by the last week of 2025, data from Cointelegraph Markets Pro and TradingView confirms.

Peterson acknowledges that such expectations are more a guideline than a rule, with various nonconformant years over Bitcoin’s lifetime.

“However, I think some years do not have market/economic conditions comparable to 2025. I would exclude 2018, 2022, 2020, and 2017 as uncharacteristic years,” he concluded.

“This skews the outcome to favoring positive yet less volatile performance.”Bitcoin Q4 performance comparison. Source: Timothy Peterson/X

Bitcoin “frontrunning” standard September blues

Elsewhere, others are unfazed by the current BTC price weakness, which has seen the lowest levels since early July return this week.

Related: Bitcoin Q2 dip similarities ‘uncanny’ as Coinbase Premium flips green

Popular trader Donny told X followers that BTC/USD is “frontrunning” traditional September downside.

“The scale is different — but the outcome is the same. Much higher,” he forecast while comparing price action to the 2017 bull market. 

BTC/USDT bull market comparison. Source: Donny/X

Donny added that he saw BTC/USD copying gold after a period of lag — a classic relationship that has continued to play out in recent years.

BTC/USD vs. XAU/USD one-day chart. Source: Cointelegraph/TradingView

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.



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Polymarket Gains Ground As Kalshi Faces Backlash In Crypto Debate
Crypto Trends

Polymarket Gains Ground as Kalshi Faces Backlash in Crypto Debate

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Prediction markets are grabbing attention as Kalshi and Polymarket emerge at the center of heated debates. These platforms let traders speculate on real-world outcomes, from elections and economic releases to cultural events and sports. 

A contract on a potential Russia-Ukraine ceasefire in 2025, for instance, can be bought for $0.37 and pays out $1 on Polymarket if the prediction comes true.

Kalshi’s Push, Polymarket’s Momentum

Kalshi, a CFTC-regulated exchange in the United States, has been making noise with high-profile hires and a visible marketing drive. But on X, sentiment has leaned toward Polymarket. 

One user posted, “Sorry, but Kalshi lost all respect after their coordinated polymarket propaganda tour during the election cycle. They tried destroying something that was built by one of our own. Don’t really care who they hire to help save face, I’m team polymarket because I’m team crypto.”

polymarket: onchain, uses immutable contracts, everything is transparent (including the uma whale stuff llamao)
kalshi: trust me bro, same as a CEX

one seems much more compelling than the other imo https://t.co/F1v0abUTqM

— 0xngmi (@0xngmi) August 25, 2025

Another compared the two platforms directly, “polymarket: onchain, uses immutable contracts, everything is transparent (including the uma whale stuff llamao) kalshi: trust me bro, same as a CEX, one seems much more compelling than the other imo.”

Polymarket’s position has been further strengthened by fresh backing. Donald Trump Jr.’s venture capital firm, 1789 Capital, has invested a double-digit million-dollar sum into the platform, with Trump Jr. also joining its advisory board. 

The move follows a valuation above $1 billion by Founders Fund and Polymarket’s $112 million purchase of derivatives exchange QCEX, which secured a CFTC license and marked its U.S. entry.

Prediction Markets on the Rise

The rivalry between Kalshi and Polymarket highlights a bigger trend. Prediction markets are fast emerging as one of crypto’s most promising primitives, combining speculation, transparency, and regulation in a way that could reshape how global events are forecast and traded.

Also Read: Coinbase UK Ad Ban Sparks Crypto Debate, Says CEO Brian Armstrong





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Hut 8 (HUT) Gains on Power Capacity Expansion Plan
NFT Gaming

Hut 8 (HUT) Gains on Power Capacity Expansion Plan

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Hut 8 (HUT), a public bitcoin BTC$111,274.18 mining and energy infrastructure firm, surged Tuesday after revealing plans to more than double the company’s power capacity.

The plans include the development of four new sites across the United States with more than 1.5 gigawatts (GW), expanding total power capacity to over $2.5 GW across 19 locations, according to a press release.

The stock rose more than 10%, hitting a seven-month high just shy of $26 per share even as bitcoin prices remain stuck in the doldrums below $110,000.

Data center firms are enjoying renewed investor interest as demand for computing power soars to fuel artificial intelligence innovation. Recently, tech giant Google took a minority stake in bitcoin miner TeraWulf as part of a $3.2 billion AI infrastructure deal.

“This expansion marks a defining step in Hut 8’s evolution into one of the largest energy and digital infrastructure platforms in the world,” Hut 8 CEO Asher Genoot said in the press release.

The company said it has reclassified the projects from “exclusivity” to “development,” meaning it has secured land and power deals and is working on design and commercialization.

To finance the projects, the firm plans to draw in up to $$2.4 billion in liquidity from various sources. That includes borrowing against its 10,000 BTC stash worth roughly $1.1 billion, a $200 million revolving credit line, an expanded $130 million facility from Coinbase and a recently launched $1 billion at-the-market equity offering.

Investment bank Roth Capital viewed the expansion plans as a “notable step-up,” with potential to “materially re-rate the stock” as the sites come online and get contracted for AI and high-performance computing.

Read more: Bitcoin Mining Faces ‘Incredibly Difficult’ Market as Power Becomes the Real Currency



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Jamie Crawley
NFT Gaming

Meme Coin Gains Momentum as Safety Shot Commits $25M in Token Financing

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BONK, the Solana-based meme token, endured sharp price swings during the last 24 hours, reflecting both selling pressure and large accumulation. The token moved within an 8% range between $0.0000197 and $0.0000212, ultimately consolidating near $0.0000205.

The heaviest selling occurred during the Aug. 25 evening, when BONK fell about 5% from $0.0000208 to $0.0000197 on trading volume exceeding 1.8 trillion tokens, substantially above daily averages, according to CoinDesk Research’s technical analysis data model.

Buyers reentered at these levels, building technical support around $0.0000197 and driving prices back into a narrow consolidation band between $0.0000203 and $0.0000205.

Corporate participation helped reinforce market confidence. Safety Shot Inc., a Nasdaq-listed company, confirmed a $30 million financing arrangement on Aug. 25, with $25 million denominated in BONK tokens. The deal reflects rising interest in meme coins as part of broader corporate finance strategies, underscoring BONK’s role as a key Solana-based alternative to established meme assets.

BONK showed signs of resilience on Tuesday, edging from $0.0000203 to $0.0000204 (a modest 0.3% gain). Notably, between 11:49 and 11:56 UTC, trading activity accelerated, with more than 17.5 billion tokens exchanged, suggesting liquidity remains robust even during periods of consolidation.

This balance between institutional adoption and heightened volatility positions BONK as a closely watched meme token within the Solana ecosystem.

Technical Analysis

  • Range: $0.0000197–$0.0000212 (8% volatility).
  • Correction: 5% decline during the evening of Aug. 25.
  • Volume Spike: 1.81 trillion tokens exchanged during selloff.
  • Support Zone: Established near $0.0000197.
  • Consolidation: Prices held between $0.0000203–$0.0000205.
  • Momentum: 1% gain during rally supported by 17.5B tokens.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.



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Bitcoin
GameFi Guides

Bitcoin Forever? Michael Saylor Predicts 2 Decades Of 30% Gains

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

According to remarks made on CNBC, Michael Saylor, co-founder and executive chairman of Strategy, repeated a bold forecast: Bitcoin may grow 30% annually over the next 20 years.

He framed the view around Bitcoin’s fixed supply of 21 million coins and its global availability. Short statement. Big claim.

Saylor’s Long-Term Case

Saylor has pushed Strategy into heavy Bitcoin custody since 2020, and that strategy is on public display. Based on reports, the firm now holds over 226,000 BTC.

On X, Saylor posted “Bitcoin is on Sale” alongside Strategy’s acquisition chart, a move that many investors read as a hint at another purchase.

His point is simple: scarcity plus wider adoption could keep upward pressure on price. Some people call that convincing. Others call it risky.

MICHAEL SAYLOR SAYS LIVE ON CNBC THAT #BITCOIN WILL GO UP 30% A YEAR FOR THE NEXT 20 YEARS

JUST THE BEGINNING 🚀 pic.twitter.com/Cr847NVPU6

— The Bitcoin Historian (@pete_rizzo_) August 24, 2025

Mixed Reactions From Analysts

Not everyone agrees on the size of the upside. According to one public analyst named Bitcoin Hopium, gains could be far higher — a claim of 100% a year was floated.

That forecast sits well outside mainstream estimates and would produce astronomical returns if it came true.

Skeptics point to volatility, regulatory questions, and the challenge of predicting markets two decades out. Supporters say large corporate treasuries and wider institutional use would help stabilize demand.

BTCUSD trading at $111,053 on the 24-hour chart: TradingView

Possible Strategy Move

The X post and the chart were quickly picked over by investors. Historically, Strategy has bought more Bitcoin after similar signals. If the company follows through, the purchase would add to a corporate holding already described as the world’s largest.

Some buying has been done quietly in the past. Other buys were announced after the fact. Either way, Strategy’s moves are closely watched and can influence market mood.

Metaplanet’s Big Buy

Reports have disclosed a separate development in Japan. Tokyo-listed Metaplanet bought 103 BTC for about $11.7 million, at an average of roughly $113,491 per coin.

The company now holds 18,991 BTC, bought at an average price of $102,712. That level of accumulation has pushed Metaplanet into public lists and helped it gain attention on indices. It’s a noteworthy move from a firm that began piling up Bitcoin in April 2024.

Bottomline

In short: a high-profile executive made a long-term, highly bullish prediction. A market signal was posted on social media. A separate public company added more Bitcoin.

The takeaway for readers is clear — these are moves that will shape investor talk. How prices respond will depend on actual buys, broader demand, and events that are still to come.

Featured image from Garloon, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.





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Arthur Hayes predicts $20000 Ethereum as best ERC-20 tokens gain
GameFi Guides

Best Altcoins Make Gains as Arthur Hayes Predicts Ethereum to $20,000

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Arthur Hayes believes that Ethereum will push to $10,000 or even $20,000 this cycle, fueled by Donald Trump’s pro-crypto policies.

Hayes’ prediction came during an interview with Crypto Banter where he said that Ethereum breaking through its previous ATH could push it to $20,000 before the end of the cycle.

As Hayes explained, two major factors will fuel Ethereum’s next bull cycle: Trump’s pro-crypto legislation and the increase in institutional adoption.

The first signs of a bull move should become obvious this fall, as the GENIUS Act takes effect, which could push the best altcoins in frenzy mode.

Ethereum’s Marathon Fueled By Institutional Adoption Craze and Favorable Legislation

Trump’s GENIUS Act is the main catalyst behind Ethereum’s 2025 ATH of $4,880 reached yesterday, which may signal the beginning of the alt season.

The GENIUS Act seeks to bring clarity, security, and transparency into the cryptosphere by forcing stablecoin issuers to back their tokens with liquid assets like dollars and governmental bonds.

The Act also protects crypto enthusiasts against illicit activities and scams.

This is what drove the Department of Treasury to issue a Request for Comment on August 18, asking for the public’s opinion on how to tackle illicit activity in the crypto sphere.

This endeavor is part of the implementation process of the GENIUS Act and the comment section will remain open until October 17.

Institutional adoption is another strong case for Ethereum’s next bull cycle, given the accelerated rate at which public companies buy $ETH.

According to CoinGecko, almost 2.8M $ETH are already in public treasuries, making up for 2.31% of the total Ethereum supply. BitMine is the primary investor, with over 1.5M Ethereum, worth over $7.2B.

These factors potentially lay the foundation for a $20,000 Ethereum this cycle, which would kickstart the next alt season. If that happens, the best altcoins of 2025 might see massive gains.

Here are three that you should keep on your radar.

1. Bitcoin Hyper ($HYPER) – Bitcoin’s Layer 2 Promising Faster and Cheaper Transactions

Bitcoin Hyper ($HYPER) is the Layer 2 upgrade that promises to change Bitcoin’s network performance.

Hyper’s Canonical Bridge is the link between Layer 2 and Bitcoin’s Layer 1 and is responsible for minting the users’ Bitcoins into the Hyper layer. The Bitcoins are then accessible for use on Layer 2 or can be withdrawn back to Layer 1 whenever necessary.

The Canonical Bridge’s role is to decongest Bitcoin’s native network, circumvent the 7-TPS native cap, and deliver near-instant finality.

Together with the Solana Virtual Machine (SVM), which enables the ultra-fast execution of smart contracts, the Canonical Bridge brings Bitcoin’s performance to modern standards, with high throughput and Solana-level scalability.

If you want to invest in the $HYPER presale, now’s the perfect time. The presale has raised almost $11.8M so far and it promises to push $HYPER into wealth-building territory.

Based on the project’s utility, our analysts’s price prediction for $HYPER considers a price point of $1.50 by 2030 which translates to a growth of 11,623% based on today’s price of $0.012795.

Check how to buy $HYPER right now and buy your tokens while Bitcoin Hyper is still in the presale phase.

2. Snorter Token ($SNORT) – The Telegram Bot That Turns Coin Hunting Profitable

Snorter Token ($SNORT) fuels the Snorter Bot, the ravenous Aardvark whose sole mission is to detect and snipe hot tokens on the blockchain.

The Bot finally turns coin hunting profitable thanks to its accuracy and timing, being able to snipe the target tokens in milliseconds after liquidity becomes available. This makes Snorter Bot more effective and reliable even than standard pro UIs like Raydium and Jupiter.

You also no longer need to juggle multiple wallets and browser extensions, because Snorter Bot does it all from its Telegram chat.

And no more watching over your shoulder for scams like honeypots or rug pulls, as the Aardvark’s native scam detectors highlight any suspicious project.

Snorter Token is the $3.3M presale that’s pushing $SNORT into mainstream adoption. Given Snorter Token’s utility, our analysts price prediction for $SNORT is $0.94 by the end of 2025. This is an 818% return rate based on the token’s current presale price of $0.1023.

If you want to invest, read our ‘How to buy $SNORT’ guide and secure your place at the table before the project goes public.

3. Altura ($ALU) – The Perfect Toolset for Game Devs

Altura ($ALU) is one of the most comprehensive toolsets for game developers, offering a multitude of end-to-end solutions designed to streamline the development process.

Aside from tools like Java, Typescript, and Unity SDK, Altura also offers Altura API, which allows you to ‘manage all user, item, token, and collection data, including the developer wallet, and even Smart NFTs’.

The platform also offers you the opportunity to launch your own marketplace on any chain in minutes via Altura’s native dashboard.

$ALU went public in 2021 and went through two peaks so far, with the first one pumping the token by up to 4,839%.

$ALU is now trading at $0.06669 and it’s pumping again, currently up 87% over the last 24 hours and a 24-hour trading volume 160% into the green. Given the 93% positive community sentiment, this may be your buy signal.

Go to your favorite exchange and buy your $ALU while it’s hot. However, don’t forget to visit the official website first to learn more about the project before investing.

Will Ethereum Reach $20,000?

Based on the current legislative support and the growing institutional interest, it’s not impossible that Ethereum could reach $20,000 by the end of the cycle?

Will it? Nobody can tell for sure.

What we can tell for sure is that the next alt season is upon us, at which point we’ll see Ethereum enter a sustained bull phase, once it pushes through its past ATH.

When that happens, projects like Bitcoin Hyper ($HYPER) and Snorter Token ($SNORT) will see a massive influx of investors as well.

Don’t take this as financial advice. Do your own research (DYOR) and invest wisely.

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