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rally

Immutable Token Leads Gains Amid Broader Altcoin Rally

by admin September 19, 2025

In brief

IMX climbed nearly 17% Thursday and is up 50% over the past week, CoinGecko data shows.
Ubisoft and NetMarble collaborations highlight Immutable’s push to bring crypto rewards into mainstream gaming.
SEC approval of broader ETF listing standards has added to the upbeat sentiment across altcoins.

Immutable (IMX) led gains among select altcoins on Thursday, buoyed by the Federal Reserve’s decision to slash its funds rate amid positive tailwinds for the gaming token.

The token tied to Australian crypto gaming and Web3 infrastructure firm of the same name is up nearly 17% on the day, CoinGecko data shows. It’s also up a further 50% over the past seven days.

It comes as a relief for the token, currently ranked 90th among top cryptocurrencies, after dipping below the 100th spot earlier this year.

The gains for IMX also arrive amid a challenging backdrop for crypto gaming, where numerous token-driven projects have shut down this year amid funding shortfalls and unsustainable economies.

Industry experts Decrypt previously spoke to pointed to the pressure of launching tokens too early as a key reason behind the failures.

Looking beyond the difficulties faced in the sector, Robbie Ferguson, Immutable co-founder, remained upbeat in a Thursday tweet on the company’s developments this year.

Some of these key milestones include the distribution of 2.9 million IMX tokens in weekly rewards to users. That number has nearly tripled from its May 13 reveal of almost 1 million tokens.

To facilitate accessibility for its users, Immutable disclosed a partnership with Seychelles-based MEXC exchange on August 18, allowing direct transfer of tokens to Immutable’s zkEVM chain without the use of bridges or other swapping platforms.

In the same month, Immutable’s April tie-up with $1.3 billion gaming giant Ubisoft came to fruition. “This will make Immutable the first platform in the world where web2 studios can offer crypto rewards to their players,” the gaming company wrote in an August 12 tweet.

A partnership with South Korean Web2 gaming giant NetMarble in June, as well as a merger between ImmutableX and Immutable’s zkEVM chain in April, are other notable developments observed in the first half of 2025.

Avalanche, Pumpfun, and NEAR Protocol are also up double digits this week. While some altcoins rallied after the Fed’s quarter-point rate cut on Wednesday, Hyperliquid, Avalanche, and others received a boost related to protocol-specific developments.

The U.S. Securities and Exchange Commission’s approval of generic listing standards for commodity-based trust shares that include crypto exchange-traded products has also helped drive sentiment.

“This step from the SEC will likely see some of the altcoins that are eligible for ETFs get capital inflows as people get excited about ETF launches,” Lai Yuen, investment analyst at Fischer8 Capital, told Decrypt.

While the regulator’s rule change “unlocks buying from equity investors,” the analyst tempered expectations, adding that ETFs will “not make it magically more valuable.”

Still, Yuen said a market correction is unlikely, referring to the recent pullback noted in the S&P 500 index and gold overnight, and that crypto is likely in a consolidation phase, with expectations for further gains this year.

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September 19, 2025 0 comments

Crypto Trends

XLM Technicals Signal Bullish Strength Amid 4% Rally

by admin September 18, 2025

Stellar’s XLM demonstrated notable resilience during the 24-hour session from Sept. 17, 17:00 to Sept. 18, 16:00 (UTC), trading within a $0.02 corridor between $0.38 and $0.40.

The asset showed a sharp recovery following early weakness, with strong volume-driven advances at $0.39 around 19:00 and again at $0.40 near 15:00.

Transaction volumes of 40.04 million and 33.80 million at these levels both exceeded the 24-hour average of 30.47 million, underscoring firm buying interest. Repeated testing of the $0.40 resistance zone highlighted the threshold as a key battleground, while support consolidated just below, pointing to steady accumulation.

The final hour of trading proved particularly strong, with XLM rising from $0.40 to a session high of $0.40 at 15:36, backed by a surge in volume to 7.50 million—roughly 24 times the typical hourly level. This outsized activity reinforced a breakout move, with buyers consistently defending the $0.40 level. Market behavior suggested sustained institutional participation, laying the foundation for an extension of the 24-hour uptrend.

Across the period, XLM appreciated nearly 4%, climbing from $0.38 to $0.40. Trading data pointed to steady institutional positioning, with high-volume moves suggesting longer-term accumulation strategies rather than short-term speculative flows. The ability to hold higher support levels while repeatedly probing resistance zones further confirmed bullish momentum.

XLM/USD (TradingView)

Technical Indicators Signal Continued Strength

Trading corridor of $0.02 constituting 5% differential between $0.38 floor and $0.40 ceiling during 24-hour session.
Volume-reinforced advances at $0.39 and $0.40 with 40.04M and 33.80M volumes surpassing 30.47M baseline.
Primary resistance within $0.40-$0.40 territory with repeated testing demonstrating institutional engagement.
Support establishment around $0.40-$0.40 indicating accumulation during market pullbacks.
Remarkable 60-minute volume acceleration of 7.50M constituting 24 times standard hourly benchmark.
Reliable support above $0.40 threshold following primary breakout configuration.

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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September 18, 2025 0 comments

NFT Gaming

PENGU price eyes 20% rally as Pudgy Penguins gain Wall Street spotlight

by admin September 18, 2025

PENGU price could potentially rally toward $0.045, on the back of a multi-year partnership with NYSE‑listed Bullish, and a surge in NFT sales.

Summary

PENGU price is up 11% in the past 24 hours.
The token has broken out of a falling edge that points to a potential rally to $0.045 in the short term.

According to data from crypto.news, Pudgy Penguins (PENGU) rose 11% over the past day to an intraday high of $0.037 while bringing its market cap to over $2.34 billion at press time. At this price, the token is up 37% from its monthly low and 870% above its lowest point this year.

Trading volume for PENGU stood 87% higher than the previous day. Additionally, open interest in PENGU futures rose by 21%, while the weighted funding rate has remained positive for the past 13 days, indicating that a growing number of traders are taking bullish positions on the token.

There are two main catalysts that have driven the PENGU price up today.

First, the Pudgy Penguins team revealed in a Sep. 18 X post that the project, along with its token, was featured in the Q2 earnings report and conference call of Bullish, a company that recently secured a U.S. stock exchange listing following a highly successful IPO that raised $1.1 billion and valued the firm at $5.4 billion.

One of the key highlights from the call was a 4‑year, multi‑product agreement with Igloo Inc., the parent company behind Pudgy Penguins.

PENGU likely benefited from the increased visibility and institutional credibility gained through this partnership with a publicly listed company, potentially attracting more investor interest and improving engagement across both its NFT and token ecosystems.

PENGU’s rally was also supported by a rebound in Pudgy Penguin NFT sales following a period of muted trading activity over the past week. In the past 24 hours, NFT sales surged by over 140%, while the number of buyers and sellers increased by 71% and 128%, respectively.

On the daily chart, PENGU has confirmed a breakout from a falling wedge in which it had been consolidating for multiple weeks. The bullish reversal pattern is formed when an asset’s price action creates converging downward slopes. A breakout from it typically leads to a sharp rally over the short term.

PNEGU price has confirmed a breakout from a falling wedge on the daily chart — Sep. 18 | Source: crypto.news

On a broader timeframe, the falling wedge acts as the handle of a larger cup-and-handle pattern that has been developing since the start of this year.

A cup-and-handle structure is typically characterized by a rounded bottom (the cup) followed by a short-term downward drift (the handle). A breakout from this pattern usually leads to much stronger gains over a longer period of time.

A look at momentum indicators such as the MACD shows a positive crossover, with growing green histograms, a sign of the bulls’ increasing dominance over bears.

On top of that, the Relative Strength Index, which measures the speed and magnitude of recent price changes, has moved above 62. When this metric stands above 60, it indicates that buyers are exceeding sellers. Since it is still below the overbought level of 70, PENGU still has room to run before facing potential sell-side risk.

Based on this setup, PENGU is now eyeing a move toward $0.045, which marks both its July peak and the measured target from the falling wedge breakout. The target lies around 20% above the current price level.

A decisive break above the cup-and-handle neckline at $0.047 would confirm the broader bullish structure and pave the way for stronger upside momentum.

On the downside, a decline beneath the $0.027 support would invalidate this setup and signal weakness in the trend.

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

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September 18, 2025 0 comments

Crypto Trends

Avalanche and Hyperliquid Lead Crypto Rally Post-Fed Rate Cut

by admin September 18, 2025

In brief

Crypto markets have posted broad gains following the Federal Reserve’s quarter-point rate cut.
Hyperliquid’s USDH stablecoin has been “attracting liquidity across the board from many institutions,” according to an analyst.
The momentum now hinges on project-specific catalysts, with altcoins more exposed to volatility than Bitcoin, experts told Decrypt.

Avalanche (AVAX) and Hyperliquid (HYPE) led the altcoin rally on Thursday as digital assets responded positively to the Federal Reserve’s latest rate cut and project-specific developments.

AVAX rocketed 10.1% to $32.59, while HYPE jumped 7.2% to $58.43 in the past 24 hours, according to CoinGecko data.

Other major altcoins followed suit, with Dogecoin (DOGE) advancing 5.4% to $0.27, Solana (SOL) climbing 4.5% to $244 and Cardano (ADA) rising 4.3% to $0.90. (ADA) rising 4.3% to $0.90.

Bitcoin (BTC) maintained its position above $117,000 with a modest 0.3% gain, while Ethereum (ETH) posted a 2.1% increase to $4,588.

The rally follows the Fed’s widely anticipated quarter-point rate cut, which lowered the federal funds rate to a range of between 4.25% to 4.50%.

Bitcoin and other major digital assets largely traded flat in the immediate aftermath, as investors had already priced in the highly anticipated Fed call.

“While the Fed’s rate cut buoyed broader risk sentiment, AVAX’s outperformance seems driven by Avalanche’s announcement of a $1 billion Digital Asset Treasury plan,” Min Jung, senior analyst at quantitative trading firm Presto, told Decrypt.

The Avalanche Foundation is in advanced talks to raise $1 billion via a Nasdaq-listed firm backed by Hivemind and a Dragonfly-sponsored SPAC, with proceeds earmarked for discounted AVAX buybacks, according to the Financial Times.

Bitwise also filed paperwork on Monday for an AVAX ETF, utilizing Coinbase to custody the digital assets, which adds to the token’s institutional adoption prospects.

Jung noted the rally could “sustain in the near term as the biggest macro risk event—the FOMC—has now been cleared,” though with the cut “largely digested,” moves will depend on “headlines and project-specific catalysts.”

Ganesh Mahidhar, Investment Professional at Further Ventures, told Decrypt that in the case of Hyperliquid, its stablecoin “USDH is attracting liquidity across the board from many institutions,” with perp trading built so that “custody is not with the exchange but the UX is just as smooth as a centralized exchange,” he said.

“In terms of macro, the rate cut news definitely has had an impact,” he added, though it may be “short-lived” since cuts had been “priced into the markets for many months now.”

Nic Puckrin, founder of The Coin Bureau, told Decrypt that “it’s the signal, not the size, that counts,” noting the 25bp cut shows the Fed is finally easing after months of inflation and weak labor data.

“Hope is high and there’s a big chance of a ‘sell the news’ pullback,” he added, with meme coins most vulnerable to “pump fast and collapse fast” volatility.

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September 18, 2025 0 comments

NFT Gaming

Crypto Market Prediction: Shiba Inu to Add Zero or Hit $0.00002? Is Bitcoin in Stealth Rally to $120,000? Ethereum Can Start $5,000 Rally Here

by admin September 18, 2025

The market might be ready for a long-awaited recovery, with numerous hidden signals on assets like Bitcoin, Shiba Inu and Ethereum. These assets are showing a good bullish dynamic that might turn into longer-term growth.

Shiba Inu has to choose

As Shiba Inu (SHIB) maintains its narrowing consolidation pattern, we are stuck with two scenarios here: either an anticipated push to $0.00002 or a painful return to the $0.00001 zone, which would essentially add another zero.

Currently SHIB is located precisely inside an EMA cluster made up of the 50-100 and 200-day moving averages hovering around $0.0000129. For bulls and bears, this range has evolved into the ultimate battlefield. All attempts to break higher have been capped close to $0.0000140, while $0.0000124 has served as support for the downside.
SHIB/USDT Chart by TradingView
A volatility breakout is anticipated, according to the tightening triangle structure, but it is unclear which way it will go. With $0.00002 in sight, the situation is bullish. Should SHIB successfully break above the resistance level of $0.000014 and clear the EMA cluster, the technical path would open toward $0.0000160 and possibly $0.0000200.
This size of a breakout would reestablish bullish sentiment, perhaps due to whale accumulation or resurgent retail demand. This scenario is unavoidable given SHIB’s history of sharp increases once momentum picks up. Including a zero is the bearish scenario. Conversely, if the $0.0000124-$0.0000120 support zone is not held, momentum would be sharply bearish.

If SHIB experiences a breakdown, it could plunge back to $0.0000100, wiping out months of attempts at recovery and adding another zero to its valuation. In addition to undermining investor confidence, this action runs the risk of locking SHIB into a protracted consolidation phase.

Bitcoin’s hidden growth

The world’s largest cryptocurrency, Bitcoin, may be getting ready for a surprise rally that could push it toward the $120,000 mark sooner than most people think. The price action of late has been surprisingly quiet. As of press time, Bitcoin is trading at about $116,300, with few notable breakouts. On the other hand, the market’s structure is gradually becoming better.

With strong long-term support at the 200-day EMA ($105,500), the price is consolidating above the 50-day EMA ($114,300) and 100-day EMA ($113,800). There is less chance of severe downside shocks thanks to this layered support zone, which indicates that a strong foundation is developing.

BTC/USDT Chart by TradingView

Most significantly, the Relative Strength Index (RSI) remains neutral at 59, allowing for a prolonged rally without entering overbought territory. In the past, these configurations frequently come before significant upward movements, as buyers gradually accumulate, raising prices without drawing much attention until a breakout has already occurred.

The area between $118,000 and $120,000 is the main resistance to keep an eye on. A clear close above $118,000 would probably validate Bitcoin’s covert increase and possibly start a surge of inflows driven by momentum. Following the clearance of $120,000, the next targets might move toward $125,000-$130,000, which are levels consistent with earlier bullish extensions.

Is Ethereum ready?

After a robust summer rally, Ethereum (ETH) has been consolidating, and despite slight setbacks, the framework for a further leg higher is getting stronger. ETH is showing resilience in the face of wider market volatility, as it is currently trading close to $4,490, comfortably above its critical moving averages.

The ability of Ethereum to maintain above the 50-day EMA ($4,285) and 100-day EMA ($4,218) is the most crucial technical consideration in this case. Throughout the recent uptrend, these levels have served as dynamic support, mitigating each correction. This cluster will continue to support the bullish bias as long as ETH stays above it.

There is also potential for more upside, according to momentum indicators. Currently, the Relative Strength Index (RSI) is firmly in neutral territory at 53. This indicates that Ethereum is not overbought and could easily withstand a further surge in buying pressure before going through its limit. The slight tapering of trading volume in recent sessions is consistent with the usual consolidation stages preceding a breakout move.

The psychological $5,000 mark is ETH’s immediate upward target. If ETH continues to rise through the current resistance level between $4,600 and $4,700, momentum-driven buying is likely to occur, propelling the cryptocurrency closer to that mark. The current rally may continue toward $5,200-$5,400, which corresponds to Fibonacci extensions from the prior surge, if the larger cryptocurrency market stays stable and liquidity inflows continue to be supportive.

On the downside, a retest of the 200-day EMA close to $3,760 might occur if the $4,200 support zone is not held. Nonetheless, the current market structure encourages continuation rather than collapse.

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September 18, 2025 0 comments

GameFi Guides

Bitcoin, Ethereum Price Rally ‘Halfway’ as Options Traders Look to Year-End Push

by admin September 15, 2025

In brief

Bitcoin and Ethereum have risen 6% and 4% this month, defying the usual September slump.
Options data show bullish bets outweighing bearish ones, with weighting geared for higher year-end prices.
Expectations of multiple Fed rate cuts in 2025 are helping underpin appetite for risk assets.

September’s slump may not be the last, but an expert says the crypto market still has room to rally into year-end.

“There’s been growing speculation that we’ve reached the top of this cycle, but I don’t think that’s the case,” Sean Dawson, head of research at on-chain options platform Derive, told Decrypt.

He believes the second half of September might see increased volatility and some short-term pain due to the month’s historical seasonality, driven largely by the U.S. financial year-end.

Bitcoin dropped, roughly 1.29% from Saturday’s high of $116,245 to $114,770, CoinGecko data shows.

For Ethereum, the pain could stem from treasuries, whose market-to-net asset value —comparing a company’s stock value to that of its assets — has dropped below one, which may prompt them to sell the underlying asset and repurchase shares instead, Dawson explained.

Dawson said the market may be only “halfway” through a fourth-quarter upswing, citing supportive macro trends and options data.

The market’s expectation of multiple rate cuts in 2025 aligns with investors’ bullish positioning as seen in options data that shows call open interest for Bitcoin outnumbering puts by nearly 2.5 to 1.

“Macro is turning extremely favourable. The latest Polymarket data shows the odds of three rate cuts before year-end have jumped from 22% to 49% in just two weeks, Dawson said.

The odds of four rate cuts, or a full percentage point, have climbed above 10%—a sharp change in expectations that typically favors risk assets, such as crypto.

The market’s consensus probability of price outcomes shows “a 40% chance Ethereum closes above $5,000 by year-end, and 20% chance it settles above $6,000.

For Bitcoin, the market gives a 37% probability of $125,000 or higher by the same time.”

Both Bitcoin and Ethereum are up nearly 6% and 4%, respectively, this month, going against a historically bearish month for digital assets.

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September 15, 2025 0 comments

GameFi Guides

Crypto Market Prediction: Bitcoin Risks Losing $100,000? Shiba Inu (SHIB): Massive Fakeout Ends $0.00002 Rally, Ethereum’s (ETH) Dangerous Pattern at $4,800

by admin September 15, 2025

The market keeps pursuing local highs on Sept. 15, just as we have covered in our previous crypto market prediction, but unfortunately bears are still fighting and not letting Bitcoin break toward $120,000, which is causing a struggle for smaller markets like Shiba Inu. Ethereum, on the other side, is not seeing enough institutional inflows to make it further.

Bitcoin not breaking it

Despite numerous unsuccessful attempts to break higher, Bitcoin continues to encounter strong resistance around $115,000. Because the market is unable to break through this critical level, there are worries that momentum may be waning and that Bitcoin may be at risk of a more severe retracement that would ultimately put the psychological $100,000 support to the test.

BTC/USDT Chart by TradingView

The absence of clear buying pressure suggests that institutions, which are typically the catalysts for significant breakouts, are not yet bringing in sizable inflows into the market, even though the price has held comparatively well above $110,000 in recent sessions. Although the spot ETF data indicates a positive dynamic with steady but modest inflows, the amount of capital is far from sufficient to drive Bitcoin into a long-term run toward $120,000 and beyond. Price action runs the risk of stagnation in the absence of greater commitments from funds and institutions.

There are indications of fatigue in the technical picture as well. Even though the 50-day moving average continues to support Bitcoin, and it is still on the rise, generally trading volume has decreased in comparison to earlier rallies, indicating that buyers are hesitant at these levels. Bitcoin is not overbought, but it also lacks the momentum usually needed for a breakout, as indicated by the Relative Strength Index (RSI), which stays neutral.

If Bitcoin keeps losing ground at $115,000, a pullback is more likely. If sellers regain control, it would make sense to target a decline toward $112,000 and $106,000. However, current data indicates that there is little demand at the top end, even though a strong institutional bid or macro-driven catalyst could still turn the tide and push Bitcoin toward $120,000.

For the time being, Bitcoin investors should brace themselves for possible volatility. Until it is broken with conviction, the risk of losing the $100,000 mark is still very much in play. The $115,000 ceiling has turned into a defining battleground.

Shiba Inu can’t hold it

The price action of Shiba Inu swiftly reversed after failing to establish a hold above the crucial resistance of $0.000015, resulting in what many investors now refer to as a fakeout breakout. The asset gave the appearance of a persistent bullish trend at first by displaying strong momentum and rising out of a consolidation triangle with high volume.

SHIB experienced a sharp rejection and reversal, though, as selling pressure increased as soon as it touched resistance levels. Given the strong rally before the move, this reversal was surprising. When buyers tried to push the price higher, sellers overloaded the order books around $0.000015, causing a sharp pullback, according to the candlestick structure’s notable upward wick.

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Given the numerous failures at this zone in the past, technical indicators suggest that this level serves as a psychological ceiling for traders. Two key problems are reflected in the inability to break above $0.000015. SHIB does not have the steady institutional demand that usually drives long-term breakouts in larger-cap cryptocurrencies despite the excitement in retail circles.

Furthermore, it appears that whales utilized the rally to lock in gains rather than build up more wealth, as evidenced by exchange inflows and profit-taking moves. The reversal was exacerbated by this profit-taking pressure, which eliminated a large portion of the short-term bullish momentum.

In order to prevent further decline into a bearish retracement, SHIB needs to protect support at $0.000013. If selling pressure persists, the asset may return to levels close to $0.000012, where technical support is provided by the 50-day moving average. Conversely, a consolidation followed by fresh volume inflows might offer SHIB another opportunity to break $0.000015.

Ethereum forms key pattern

Ethereum is forming what looks to be a cup pattern on the daily chart as it tests the $4,800 resistance level once more. The larger context presents a more cautious picture, even though such formations frequently imply a possible bullish continuation.

Slow and hesitant, ETH has been unable to gather the momentum necessary for a clear breakout during the attempted recovery toward $5,000. Ethereum has fluctuated between $4,200 and $4,800 for weeks, displaying strength but lacking the institutional inflows conviction to support the next significant leg higher.

The absence of capital flows driven by ETFs is a major worry. While ETF narratives and institutional adoption continue to help Bitcoin, Ethereum has not seen nearly as much activity. ETH’s capacity to maintain its upward momentum is in doubt if new liquidity does not enter the market.

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According to technical analysis, the $5,000 mark has turned into a psychological barrier. Strong selling pressure is indicated by multiple rejections at this price, and whales and short-term traders are probably profiting every time ETH comes close to it.

With its 50-day moving average currently offering support, ETH could easily revert to $4,400 and $4,200 in the event of another rejection. Additionally, compared to previous 2025 surges, on-chain activity shows a slowdown in transactional demand.

The price of ETH may enter a period of sluggish performance, consolidating rather than rising to new highs, even though its fundamentals are still sound. Investors should keep a careful eye on $4,800 for the time being. Strong volume and a clear breakout above could rekindle hope and raise the prospect of a $5,000 run.

However, Ethereum runs the risk of becoming trapped in a stale cycle below $5,000 in the absence of fresh inflows or market-wide bullish triggers, which would irritate bulls who were hoping for faster gains.

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September 15, 2025 0 comments

NFT Gaming

Solana Enters Top 5 Cryptos With $126B Market Cap, Galaxy Digital Fuels Rally

by admin September 13, 2025

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

Solana (SOL) has solidified its position among the world’s largest cryptocurrencies, surpassing Binance Coin (BNB) to secure the fifth spot by market capitalization.

As of September 12, 2025, SOL trades at $ 237.90, giving it a market capitalization of $126.4 billion. The rally marks a 6.8% gain in the past 24 hours and over 15% weekly growth, driven by surging institutional interest and strong on-chain activity.

SOL’s price trends to the upside on the daily chart. Source: SOLUSD on Tradingview

Analysts stress three key catalysts behind Solana’s momentum: Nasdaq’s approval of a Solana-focused listing, growing speculation over spot ETFs, and continuous network upgrades that strengthen its position as Ethereum’s closest competitor.

Galaxy Digital’s $536M Solana Bet

A major driver of the rally was Galaxy Digital’s reported purchase of 2.31 million SOL tokens worth nearly $536 million within 24 hours. Blockchain data confirms transfers from Binance, Coinbase, and Bybit to Galaxy-controlled wallets, fueling speculation that the firm is aggressively backing Solana’s growth.

This move follows Galaxy’s leadership in a $1.65 billion private placement for Forward Industries (NASDAQ: FORD), which is transitioning into a Solana-focused digital asset treasury. Forward’s stock soared 135% in five days, proving investor excitement.

Galaxy CEO Mike Novogratz declared the start of a “Solana Season,” citing regulatory progress, ETF optimism, and Solana’s unmatched scalability as reasons for the aggressive accumulation.

ETF Hopes and Network Growth Accelerate Adoption

ETF speculation continues to boost Solana’s appeal. Reports suggest a 90% chance of a Solana ETF approval by late 2025, with applications from VanEck and Fidelity already in review. With staking yields around 7%, analysts believe Solana is well-positioned to attract yield-focused ETF structures.

Meanwhile, Solana’s network fundamentals remain robust. August data shows 58 million monthly active users and $15.3 billion in total value locked (TVL), fueled by activity across DeFi, NFTs, and memecoins.

Recent upgrades, including the Alpenglow upgrade and the upcoming Firedancer client, promise greater scalability and reduced congestion.

With institutional capital flooding in, ETF approvals on the horizon, and technical upgrades boosting performance, Solana’s momentum shows no signs of slowing. Analysts now eye potential price targets between $300 and $400 in the coming months if bullish conditions persist.

Cover image from ChatGPT, SOLUSD

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September 13, 2025 0 comments

fight, fencing, duel (CoinDesk Archives)

GameFi Guides

DOGE ETF Spurs 6% Rally Ahead of Launch, What Next for Dogecoin?

by admin September 12, 2025

Dogecoin surged nearly 6% to $0.261 in the past 24 hours as traders positioned for the scheduled debut of the first U.S. Dogecoin ETF on September 12. Anticipation of the “DOJE” product, coupled with whale accumulation exceeding 280 million DOGE, fueled heavy late-session flows with volume topping 1.1 billion. Analysts now focus on whether the token can sustain closes above $0.26 and build toward the $0.29–$0.30 resistance zone.

News Background

• The first U.S. Dogecoin ETF (ticker: DOJE) is scheduled to begin trading on September 12, representing the first exchange-traded product linked to a memecoin.
• Large holders accumulated more than 280 million DOGE in the days leading up to the listing, signaling growing institutional participation.
• Market technicians highlight a bullish pennant breakout on hourly charts, with upside targets extending to $0.28–$0.50 if momentum continues.

Price Action Summary

• DOGE gained 5.8% during the 24-hour period from September 11 at 03:00 to September 12 at 02:00, advancing from $0.246 to $0.261.
• The session traded within a $0.019 band (7.6%), hitting a low of $0.245 and a high of $0.264.
• Breakout momentum developed between 22:00–00:00, when DOGE cleared $0.253 resistance on volume exceeding 1.1 billion.
• The final 60 minutes showed volatility, with a pullback from $0.264 to $0.261 (-0.76%), but support held near $0.260 after repeated tests.

Technical Analysis

• Support Levels: Firm base at $0.245–$0.246; renewed support observed at $0.260 during late-session retracements.
• Resistance Zones: First rejection at $0.264 intraday, with broader targets identified at $0.29 and $0.50.
• Volume Profile: Breakout volume surpassed 1.1 billion, nearly triple average levels, indicating institutional flows ahead of ETF debut.
• Momentum Signals: Pennant breakout confirmed by higher lows and expanding volume; late dip reads as corrective rather than trend reversal.

What Traders Are Watching

• Can DOGE sustain closes above $0.26 and build toward the $0.29 resistance zone?
• ETF launch on September 12 and whether secondary flows from brokers/institutional desks accelerate volatility.
• Whale positioning after 280 million DOGE accumulated in the past week.
• Options activity around $0.30 strikes that could drive gamma volatility into expiries.

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September 12, 2025 0 comments

GameFi Guides

Crypto Market Prediction: XRP’s Massive $3 Test in 24 Hours, Shiba Inu (SHIB) Destroyed Bears at $0.000013, Bitcoin’s (BTC) Key $150,000 Rally Chances

by admin September 12, 2025

While the market had a decent chance for a solid recovery, which we highlighted in our previous crypto market prediction, we are seeing signs that hint at the problematic state of the current rally. However, in the case where Bitcoin breaks through around $115,000, the acceleration would be imminent even on Sept. 12.

Shiba Inu’s bullish approach

Shiba Inu is stabilizing around $0.000013, and it is starting to exhibit technical dominance. SHIB is now taking back key moving averages after months of sideways consolidation and unsuccessful breakout attempts, setting itself up for possible growth in the near future.

SHIB has successfully broken through its 50-day Exponential Moving Average (EMA) on the daily chart, a technical milestone that frequently denotes a change in momentum from bearish to bullish. Throughout SHIB’s downward trend, the 50 EMA has continuously served as resistance, making this move noteworthy. Traders are starting to see this as a structural shift in market sentiment, now that the token is trading above it.

SHIB/USDT Chart by TradingView

With rising volume and a strengthening Relative Strength Index (RSI), which is currently hovering just below overbought levels, the current price action indicates that SHIB is beginning to form a gradual uptrend. This shows that, although there are no immediate signs of exhaustion, buying interest is growing.

The next resistance levels to keep an eye on, if momentum keeps up, are the 200-day EMA at about $0.000014, and the $0.000015 zone, which has historically been a region with a lot of liquidity.

Looking at it more broadly, SHIB’s dominance is psychological as well as technical. Retaining price stability above the $0.000013 threshold boosts holders’ confidence, which lowers panic-selling and promotes accumulation. Given its ability to withstand market volatility, the token is becoming more and more significant in the meme-coin ecosystem, where it is still vying for market share with Dogecoin.

But caution is still required. Even though the 50 EMA breakthrough is a positive sign, SHIB still has to contend with longer-term resistance lines that might halt its upward trend if market sentiment declines. Investors ought to keep an eye on SHIB’s ability to maintain its position above the 50 EMA and progressively test higher moving averages.

XRP approaches key level

A critical test that could determine XRP’s short-term course is approaching at $3.00. As momentum builds toward a potential breakout attempt within the next day, the asset has been consolidating below a descending trendline. Just below the crucial psychological and technical barrier at $3.00, XRP is currently trading at about $2.99 on the daily chart.

Bullish sentiment has been strengthened by the recent rally, which has been bolstered by robust buying volume and a recovery above the 50-day and 100-day EMAs. The 200-day EMA and the descending resistance trendline, however, are convergent around the $3 area, making it a difficult obstacle to overcome.

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In the short term, if XRP is able to break through $3 with convincing volume, it may lead to a surge of buying momentum that pushes the asset toward $3.30 to $3.50. This would confirm the bullish outlook for the upcoming weeks by clearly reversing the trend from its most recent corrective phase.

But if $3 is not broken, there may be rejection and a decline toward $2.80 or even $2.70, where the 100-day EMA offers support. This situation would prolong the consolidation phase by indicating that bulls are not yet powerful enough to overcome resistance.

The next day is important for investors. Rejection could result in another period of range-bound trading, while a confirmed breakout above $3 would suggest the possible beginning of a larger rally. Increased volume and momentum shifts around the $3 mark are indicators that traders should keep an eye out for, because they will shed light on XRP’s immediate trajectory.

Bitcoin’s steady rise

Bitcoin is stabilizing close to the $114,000 mark, laying the groundwork for what may be a rally toward the much-awaited $150,000 mark.

Bitcoin has successfully surpassed its 50-day Exponential Moving Average (EMA), which is frequently regarded as a turning point for momentum, following weeks of consolidation and testing lower supports. During corrective phases of recent market cycles, the 50 EMA has proven to be a dependable resistance barrier. Bitcoin’s recovery of this level suggests that there may be a change from short-term pessimism to fresh bullish sentiment. Because the 50 EMA breakout has historically preceded robust price recoveries, traders frequently see this as the first confirmation of a structural rebound.

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Buying activity is steadily rising, and volume patterns are supporting the breakout. Although it is still below overbought levels, the Relative Strength Index (RSI) is rising at the same time, suggesting that there is still potential for more upside without any immediate signs of exhaustion. If momentum continues, the next crucial resistance levels are located between $118,000 and $120,000, which is where liquidity has traditionally gathered.

Generally, the market is looking positive, but numerous reversal signals are there, so becoming euphoric too early is certainly not the call here. Staying put at around local resistance and awaiting breakthroughs on altcoins would be the only sign of a continuation at around this level.

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September 12, 2025 0 comments