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Rockets

Stellar (XLM) Rockets 288% in Yearly Surge, $1 Next?

by admin September 4, 2025

According to CoinGecko data, Stellar (XLM) is up 288% on a one-year basis. In terms of percentage gain, Stellar (XLM) surpasses that of lead cryptocurrencies Bitcoin and Ethereum, which posted yearly returns of 88% and 73%, respectively.

At the time of writing, Stellar was trading just 0.3% higher to $0.36 as price momentum stalled in late August.

On the upside, immediate resistance lies at the daily SMA 50 at $0.416 ahead of $0.433, $0.49 and $0.52. If these hurdles are cleared, Stellar might aim for $1, which would mark a 177% increase from the current price.

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Support is envisaged at the daily SMA 200 at $0.312. However, the chances of consolidation remain likely before the market makes a major move.

Stellar network fundamentals remain positive with a major upgrade, “Whisk,” in the pipeline.

Stellar Whisk upgrade

On Sept. 3 at 5 p.m. GMT, Stellar public network validators will vote to upgrade the network to Protocol 23, named Whisk.

Whisk (P23) goes live today, September 3

Biggest DX boost for Stellar since smart contracts
—Unified Events → one event format for ops + contracts
—Parallel Processing → faster txs, lower fees, smoother scaling

⏰ 17:00 UTC / 1PM ESThttps://t.co/dJpAiyJidk

— Build on Stellar (@BuildOnStellar) September 3, 2025

Whisk or Protocol 23 upgrade represents the biggest DX boost for Stellar since smart contracts launched on the platform and will introduce eight new Core Advancement Proposals (CAPs) on the Stellar mainnet.

Over the past decade, 22 versions of the Stellar protocol have been implemented in major Stellar Core releases, voted on (and accepted) by Stellar validators and applied to upgrade Stellar mainnet, with the Whisk upgrade being the 23rd.

In positive news, the Department of Commerce has begun putting economic data, the quarterly GDP data, on various blockchains, including the Stellar network, the first ever in crypto history.

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September 4, 2025 0 comments

NFT Gaming

Cardano (ADA) Rockets 73% in Volumes: September Price Scenarios Ahead

by admin September 1, 2025

Cardano is seeing increased trading activity on September’s first day. According to CoinMarketCap data, Cardano’s trading volume is up 73.34% in the last 24 hours to $1.27 billion as traders adjust positioning at September’s start.

The cryptocurrency reversed a three day drop in Monday’s session, climbing from $0.794 to $0.845, stirring expectations for September, a month typically considered weak for cryptocurrencies and the equities market.

ADA/USD Monthly Chart, Courtesy: TradingView

Potential reasons that September often appears weak include profit-taking in April and May, which can cause a market drop before a recovery in “Uptober” to “Santa rally” in December, culminating in a positive Q4 performance.

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At the time of writing, Cardano was trading down 0.07% as the broader crypto market reversed earlier gains.

Potential price scenario in September

September has been characterized as a weak month for cryptocurrencies, including Cardano (ADA).

This is seen as Cardano has marked three out of four Septembers in red since 2021. It saw as large as a 23% drop in September 2021, while in the following September in 2022 and 2023, respectively, it saw minor losses of 2.47% and 0.78%.

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With this in mind, the market anticipates where ADA goes next. There are three potential scenarios: ADA might reverse to the upside, or experience further drops. ADA’s price might also likely consolidate before the next major move.

Fed officials have hinted at a potential rate cut at the upcoming September meeting scheduled for 16th and 17th of this month, raising positive expectations in the markets. Lower borrowing costs are deemed beneficial for risk assets, including cryptocurrencies; if this is the case, a bit of volatility might be expected, pushing digital assets higher.

According to Ali, Cardano (ADA) must break $0.88 to confirm a rally toward $1.20.

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September 1, 2025 0 comments

GameFi Guides

XRP Rockets 1,181% in Hourly Liquidation Imbalance as Price Reclaims $3

by admin August 28, 2025

XRP is one of the most-watched altcoins on the crypto market, especially at a time when the industry is undergoing intense consolidation. In earlier trading sessions, the XRP price reclaimed the $3 price mark amid a mile rebound, triggering an unusual shift in the coin’s liquidation imbalance.

XRP price and liquidation divergence

It is worth noting that XRP has showcased different outlooks on a variety of timelines. While the coin has a marginal growth rate of 0.67% in the past 24 hours to $3.017, on lower time frames, it has dropped considerably.

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This has created a shift in the liquidation amount in the past four hours. CoinGlass data shows that long traders recorded only a minor loss of $16,570 as of press time. In contrast, short traders faced a loss of $212,290.

While these figures appear small, the imbalance of 1,181% within this time span paints a clearer picture of the market outlook. There are a lot of projections for the XRP price in both the short and long term.

The growing embrace of the RLUSD stablecoin has even created more liquidity for XRP on the XRPL. With the Ripple stablecoin entering the top 100 asset list by market capitalization, the broader ecosystem has continued to expand.

XRP to reclaim ATH?

The price of XRP has maintained a frantic push to reclaim the all-time high of $3.84 it achieved in 2018. Although the coin currently maintains a positive trading volume of $6.87 billion, buying momentum appears to have slowed down.

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Every form of legal uncertainty around the coin has been removed, paving the way for direct engagement with institutional investors. In light of this, the push for a spot XRP ETF product has continued to grow, with asset managers like Bitwise and Grayscale spearheading the push.

Should this product gain approval, chances are the institutional capital inflow can push XRP above its past ATH. Ultimately, the immediate target for the coin is pegged at $4.

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August 28, 2025 0 comments

NFT Gaming

Dogecoin Rockets 11% in Fed-Driven Market Rally, What’s Next?

by admin August 24, 2025

Dogecoin saw a sharp surge toward the weekend as markets rose on optimism surrounding a potential rate cut in September.

The markets, including cryptocurrencies, rose in the aftermath of Fed Chair Jerome Powell’s much awaited speech at the annual Jackson Hole, Wyoming, symposium as traders increased their bets on the likelihood of a September rate cut after Powell said the “shifting balance of risks may warrant an adjustment of policy stance.”

Dogecoin surged from $0.208 to $0.242 on Friday, aligning with the broader market rise, which saw Ethereum hit a fresh all-time high in nearly four years.

At press time, Dogecoin was still sustaining its daily gains, up 11.17% in the last 24 hours to $0.235 and up 3% weekly. Dogecoin’s trading volume has increased 165% in the last 24 hours to $5.42 billion, as traders flock in to profit from the recent market volatility.

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Dogecoin has reclaimed the eighth spot in crypto rankings, with a current market capitalization of $35.52 billion, flipping Tron (TRX) to the ninth spot.

What’s next?

Analysts are eyeing the potential of an explosive move for Dogecoin in the days ahead. In a recent tweet, Kaleo, a crypto trader, wrote, “Still believe it’s only a matter of time before Dogecoin prints a god candle. Long overdue for an explosive move. The king of memes isn’t dead.”

Ali, a crypto analyst, highlights Dogecoin consolidating in a triangle with the potential for a 40% price move.

Dogecoin has now well surpassed the daily SMA 50 at $0.218 following Friday’s major move. Going forward, the dog coin would seek to flip this level into support to aim for $0.26 and $0.29 next.

If Dogecoin exits its current range between $0.14 and $0.26, a move to $0.4 and $0.48 might be on the table.

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August 24, 2025 0 comments

GameFi Guides

XRP Rockets 7457.83% in Liquidation Imbalance Amid Sudden Price Reversal

by admin August 23, 2025

XRP liquidation flips against bears
XRP rebounds above $3

The crypto market has seen a shocking shift in investors’ sentiments, and XRP has shown a crazy price surge in the last hour.

Amid this sudden price surge, XRP has experienced a mild liquidation event during the period, according to data provided by Coinglass.

Following the event, XRP has seen its short traders suffer a massive liquidation bloodbath worth millions of dollars against traders who have placed their bets on the token’s upsurge.

XRP liquidation flips against bears

According to the data, the total amount of XRP liquidated over the last hour crossed a massive $5 million. While long traders had only been liquidated with just $595,000 worth of XRP, the sudden price reversal saw short traders suffer the most losses, with over $4.44 million of their XRP bets wiped off. This marked a massive liquidation imbalance of 7,457.83% in just an hour.

The one-sided liquidation, which favored the XRP bulls, happened when the third-largest cryptocurrency by market capitalization experienced a sudden reversal in market sentiment. This saw the price of XRP surge massively above the long-resisted $3 on August 22.

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The massive price surge came as a surprise, as the token had started the day on the bear’s side, falling as low as $2.8099 on the same day.

While the hourly liquidation trend had caught XRP bear traders off guard, it has bolstered the confidence of investors, restoring hopes for the anticipated $5 target.

XRP rebounds above $3

Following the rapid surge in the price of XRP, the asset now reflects a daily price increase of over 5% despite showing significant price declines during the early hours of the day. On Friday, August 22, XRP traded between an intraday low of $2.798 and an intraday high of $3.05.

Although the market appears to be faced with high price volatilities, the unexpected liquidation event suggests that the market might still be looking for some upside, causing traders to switch positions in efforts to avoid further losses.

While the rally had just started today with leading cryptocurrencies BTC and ETH also flipping positive after multiple days of trading downwards, it appears that the rally might be far from over. The rapid surge has returned the XRP bulls to the winning scene and poised them for more potential gains.

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August 23, 2025 0 comments

Crypto Trends

Shiba Inu Rockets 699,000% in Hourly Liquidation Imbalance

by admin August 19, 2025

Dog-themed cryptocurrency Shiba Inu has faced a sudden liquidation on the market, leading to a flushing out of leveraged long positions.

The market reversed an earlier rebound in the early Tuesday session as investors awaited the Federal Reserve’s July meeting minutes and its annual Jackson Hole symposium, scheduled to be held from Thursday to Saturday. The Fed will release minutes from its July 29-30 policy meeting, which left rates unchanged on Wednesday, and Fed Chair Jerome Powell is slated to give a speech on Friday.

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Bitcoin reversed to trade near $113,000 after previously surpassing $116,000. Major cryptocurrencies, including Shiba Inu, mirrored this trend, which led to an unwinding of long positions on the derivatives market.

Shiba Inu sees 699,000% liquidation imbalance

Shiba Inu dropped to $0.0000122 after previously reaching $0.0000128, catching traders who were betting on price increases unaware.

According to CoinGlass data, in the last hour, the total liquidation for SHIB came to $111,860; long liquidations accounted for $111,840 while short liquidations came to a surprising $16.50, with the disparity accounting for a 699,000% imbalance.

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The surprising $16.50 figure recorded in short liquidation suggests that most Shiba Inu traders were anticipating a price increase, but the markets took an unexpected turn.

Around press time, SHIB was trading 1.92% in recent hours to $0.0000123, contributing to 3% and 7% daily and weekly losses, respectively.

In a positive update for Shiba Inu ecosystem, Shiba Inu developer Kaal Dhairya highlighted that development work for LEASH v2 has begun. The Shiba Inu team is also consulting with advisors on features and architecture to future-proof LEASH v2 (potentially Zama).

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August 19, 2025 0 comments