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4 reasons the crypto market Is booming past $4 trillion

by admin October 5, 2025

The crypto market is surging this week, with Bitcoin and Ethereum nearing their all-time highs and the total market capitalization climbing above $4.2 trillion. This article breaks down the top four drivers behind the rally, including growing expectations that the Federal Reserve will cut interest rates before the end of the year.

Summary

The crypto market rally is happening as odds of Fed interest rate cuts rise.
Bitcoin has emerged as a safe-haven asset as the U.S. government shuts down.
The crypto market normally does well in October and the fourth quarter.

Fed interest rate cuts odds rise

One key reason why the crypto market is going up is the rising possibility that the Federal Reserve will cut interest rates in the final two meetings of the year.

The odds of rate cuts jumped after ADP published a weaker-than-expected jobs report on Wednesday. The U.S. economy lost 36,000 jobs in September. Economists were expecting it to add over 50,000 jobs.

These numbers mean that the Fed may decide to cut rates again to support the economy. Cryptocurrencies and other risky assets do well when the Fed is cutting rates.

Crypto as a safe haven

The crypto market jumped as investors embraced the role of Bitcoin (BTC) as a safe-haven asset as the U.S. government shutdown continues. This also explains why gold price jumped to a record high this year.

In a recent white paper, BlackRock noted that investors believe that Bitcoin has strong fundamentals to thrive as a safe-haven asset when risks rose. The white paper pointed to its fundamentals, including the 21 million supply cap and the rising demand.

One evidence of cryptocurrencies as safe-haven assets is the ongoing ETF inflows. Ethereum (ETH) funds added over $1.3 billion in inflows, while Bitcoin ETFs added $3.2 billion in assets.

Bitcoin, altcoins jump due to the season

Seasonality also contributed to the crypto market rally this week. Crypto investors are talking about Uptober, which is the situation where the industry rallies in October.

Data compiled by CoinGlass shows that the Bitcoin price normally jumps in October. It has had positive returns in October of all years since 2020. The average return in October since 2013 is 20%, making it the best month after November.

Also, the fourth quarter is usually the best period for the crypto industry in a year. Bitcoin’s average return is 80%, second only to Q1’s 51%.

Bitcoin return by month | Source: CoinGlass

Altcoin ETF approvals ahead

The other main reason why the crypto market is going up is the hope that the Securities and Exchange Commission will start approving crypto ETFs soon.

The agency has set October as the deadline for most altcoin ETFs, including popular names like Solana and XRP. These approvals will likely boost prices as Wall Street investors start buying as they have done with Ethereum and Bitcoin.

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October 5, 2025 0 comments

GameFi Guides

Scaramucci Praises Solana, $500 Trillion Opportunity, DoubleZero Kicks off to Optimize SOL Validators: Solana News Recap

by admin October 3, 2025

Major Ethereum (ETH) rival Solana (SOL) is going to be dominating the digital economy in five years, a seasoned investor says. Meanwhile, the blockchain mocks competitors with its $500 trillion tokenization manifesto.

Solana (SOL) will have biggest market share in five years, top investor Scaramucci says

Solana (SOL), a $125 billion blockchain, will be leading the way in terms of market share amid all L1s in 2030. Such a forecast was shared by Anthony Scaramucci, the founder and managing partner of SkyBridge Capital.

Image via Twitter

The supremacy will be accomplished thanks to the role of Solana (SOL) as a technical architecture for real-world asset tokenization, stablecoins, bonds, stocks and so on. Commercial paper will also migrate to the Solana (SOL) blockchain, the investor says.

He added that numerous banks in the United States are exploring the opportunities of Solana (SOL) as a tech infrastructure layer for their products. The adoption would highlight Solana’s real utility as a technology.

As covered by U.Today previously, Anthony Scaramucci frequently says that Solana (SOL) has all the chances to flip Ethereum (ETH) by market capitalization in the near future.

$500 trillion manifesto released for Solana (SOL) community

In a semi-ironic manner, Solana (SOL) is asking all of its community enthusiasts not to sleep on the next big thing, i.e., tokenization of NASDAQ-listed shares on the blockchain.

Image via Twitter

Solana’s (SOL) official account echoes the statement by Max Resnick, former Ethereum (ETH) researcher and lead economist of Solana (SOL) software developer Anza.

At the moment, the statement says, there is no opportunity for any other chain to onboard tokenized stocks as Solana can.

Trillion dollars in securities are not asking to come on chain. They are coming to Solana whether we like it or not. We need to prepare.

The result of this synergy would be mutually beneficial for both Solana (SOL) and the stock trading process as such. Solana (SOL) has all the chances to accomplish the status of “world’s economy” provider in a “few quarters.”

As covered by U.Today previously, Solana (SOL) set a number of records in the RWA tokenization processes. In Q3, 2025, the protocol hit an all-time high in USD-denominated value of all tokenized products over $418 million.

DoubleZero (2Z) finally launches in mainnet beta, token collapses

Yesterday, Oct. 2, 2025, DoubleZero (2Z), a protocol designed to optimize collaboration in high-performance systems, announced the activation of its beta mainnet phase. Currently, the network’s main focus is the optimization of Solana (SOL) validator interaction with each other.

A new, faster internet is here.

DoubleZero’s high-performance global network is now live on mainnet-beta powered by 2Z.

Welcome to the world of high-performance networking. pic.twitter.com/RrlM95ZP7s

— DoubleZero IBRL/acc (@doublezero) October 2, 2025

Haseeb Qureshi, managing partner at Dragonfly, a crypto fund, and a DoubleZero investor, explained the groundbreaking importance of the protocol:

The only path to true speed-of-light transmission is dedicated fiber. That’s how YouTube moves data around the world—you can’t match it over the public Internet. 2Z is building that for blockchains. If it works, it will be bigger than just blockchains.

Despite being in a very nascent stage, the protocol has already accomplished 100 million SOL staked on DoubleZero.

The project has already released its token, dubbed 2Z. After hitting a peak price of $1.53, the token collapsed to $0.53 in just two hours. The community criticized the token for the imbalanced economic model, while some also suspect marketmakers on mass-selling their allocations.

The token was immediately listed by Binance, OKX, Upbit and other tier-1 exchanges. At the same time, it continued to drop. As of press time, 2Z is available at $0.51 in USDT pairs.

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October 3, 2025 0 comments

Crypto Trends

$4 Trillion Banking Giant JPMorgan Teases Bitcoin Price to $165,000

by admin October 2, 2025

Bitcoin (BTC) has gained over $3,000 in the last 24 hours as the flagship cryptocurrency experienced an upward rally. Amid this bullish movement, the asset has received an institutional endorsement that could trigger a further price uptick. According to a report, JPMorgan, the biggest bank in the U.S., has stated that the coin is undervalued, predicting a rise to $165,000.

JPMorgan says Bitcoin is undervalued compared to gold

The assessment of Bitcoin’s value by JPMorgan’s analysts comes as they benchmarked BTC against gold. The valuation could have been based on price-to-market size, investment inflows or volatility. The global financial giant insists that the current price of Bitcoin is too low relative to gold’s market value.

JUST IN: JPMorgan says Bitcoin is “undervalued” compared to gold

— Kalshi (@Kalshi) October 2, 2025

That is, if Bitcoin were valued like gold on the broader financial market, it would be higher than that of the precious metal. JPMorgan sees upside potential for BTC, and this kind of statement is capable of triggering bullish sentiment on the crypto market.

As per JPMorgan’s estimation, Bitcoin price could reach $165,000 per coin on a volatility-adjusted basis, relative to gold. It relies on the analysis of ongoing “debasement trade,” which is pushing investors toward assets like gold and Bitcoin as a store of value.

The $165,000 forecast assumes that Bitcoin will continue with its current upward momentum and inflows into BTC exchange-traded funds (ETFs). Regardless of the conditions, the prediction has sparked an uptick in the price of the asset.

As of press time, Bitcoin exchanged hands at $119,288.53, which marked a 2.36% increase in the last 24 hours. It previously hit a peak of $119,453.67, signaling potential for more upside. The trading volume has also climbed by 6.68% to $67.76 billion.

It is likely that if Bitcoin bulls support the current momentum, the asset will flip $120,000 and begin its journey toward its all-time high (ATH). It is worth mentioning that the current ATH of $124,457, which was set on Aug. 13, is less than 5% away.

Beyond JPMorgan, Bitcoin validation is viral

Interestingly, JPMorgan is not the only one bullish about Bitcoin’s price. In a recent analysis, CryptoQuant suggested that the asset could break out to $150,000.

The analytics platform based its projection on the increased minting of fresh stablecoins in the last 60 days. According to available data, 10 billion USDT have been added to the market, signaling increased liquidity.

Similarly, Pavel Durov, Telegram CEO, has predicted that Bitcoin could hit seven figures based on scarcity. He maintained that the rate at which governments are printing fiat currency means inflation is inevitable, and this will increase the value of BTC to $1,000,000.

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October 2, 2025 0 comments

NFT Gaming

Bloomberg Explains $11 Trillion Behemoth Vanguard’s Possible Crypto Pivot

by admin October 2, 2025

During a recent appearance on Bloomberg TV, reporter Isabelle Lee explained Vanguard’s possible pro-crypto pivot, clarifying that it is still unclear whether the $11 trillion financial behemoth will end up offering cryptocurrency products on its platform.

“It’s not a ‘yes’ yet, but it’s not a ‘no’ anymore,” she said while commenting on her recent reporting.

Lee recalled how former Vanguard CEO Tim Buckley claimed that the company would never add Bitcoin funds.

John Bogle, the late founder of the financial titan, previously stated that Bitcoin should be avoided “like the plague,” arguing that the cryptocurrency’s value depends entirely on the level of speculative demand.

Influence of new CEO

As reported by U.Today, Salim Ramji, Vanguard’s recently appointed CEO, helped to launch BlackRock’s highly successful iShares Bitcoin ETF (IBIT).

The astounding success of this product might now be too hard for BlackRock to ignore, which has prompted the recent move.

Lee believes that Ramji might have played a role in this since he has expressed openness to blockchain and Bitcoin. “He’s the first outsider ever to become the CEO of Vanguard…” she noted.

That said, the new Vanguard CEO previously rejected the idea of launching a Bitcoin ETF shortly after his appointment.

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October 2, 2025 0 comments

NFT Gaming

Solana ETF Set for $1 Trillion? Bitwise CEO Shares Optimistic Outlook

by admin September 28, 2025

Bitwise CEO Hunter Horsley has revealed his expectations concerning the firm’s U.S. Solana ETF.

Horsley had stated in a recent X post that Europe’s Bitwise Solana staking ETP saw $60 million in inflows this week. “Solana on people’s minds,” Horsley said.

Reacting to this post, an X user asked the Bitwise CEO about his projection of inflows for the company’s U.S. Solana ETFs post approval. Horsley responded, “$1 trillion first day,” adding “second day is anyone’s guess,” highlighting growing institutional demand for Solana exposure.

$1 trillion first day

second day is anyone’s guess

— Hunter Horsley (@HHorsley) September 26, 2025

Several applications for Solana exchange-traded funds (ETFs) with staking could receive U.S. approval by mid-October, Nate Geraci, the president of NovaDius Wealth Management, predicts following new filings.

Geraci noted that asset managers, including Bitwise, have filed amended S-1 documents for spot Solana ETFs to the U.S. Securities and Exchange Commission (SEC) on Friday. The S-1 document is a comprehensive disclosure outlining the company’s financials, risk profile and the securities they intend to offer.

“Another flurry of S-1 amendments filed today on spot sol ETFs… Franklin, Fidelity, CoinShares, Bitwise, Grayscale, VanEck, & Canary includes staking (yes, bodes well for spot eth ETF staking). Guessing these are approved [within the] next two weeks,” Geraci said.

Get ready for October?

Geraci indicated that October could be significant for the crypto market, pointing to recent developments in the market, such as the first Hyperliquid ETF filing, and the SEC’s approval of generic listing standards for crypto ETFs.

“Get ready for October,” Geraci said. Expectations remain up for October, considered bullish for cryptocurrencies.

At the time of writing, Solana was down 2.81% in the last 24 hours to $196 and 19% weekly as the crypto market saw a sell-off this week in reaction to macroeconomic concerns.

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September 28, 2025 0 comments

NFT Gaming

ARK Invest Forecast Highlights $25 Trillion Crypto Market Cap, Here’s How Much Ethereum And XRP Will Be

by admin September 26, 2025

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

Ark Invest, an American investment management firm, has recently shared a long-term forecast that envisions the Ethereum (ETH) price reaching the six-digit territory if the total crypto market capitalization surges to $25 trillion. Ark Invest also notes that Ethereum stands to be one of the biggest winners in this scenario, with XRP also set to capture significant value.

Ethereum’s Share Of The Projected $25 Trillion Market

Lorenzo Valente, Director of Research at Ark Invest, explained in a video post on X social media that Ethereum currently accounts for approximately 13.5% of the total cryptocurrency market capitalization. He predicts that if the global crypto market cap climbs to $25 trillion within the next five years, Ethereum could command a market valuation of approximately $3.37 trillion. This translates into a price of about $28,000 per token—a level that would mark a historic moment for ETH.

The Ark Invest Director pointed to key drivers underpinning the cryptocurrency’s strength to reach such a valuation. These include the tokenization of Real-World Assets (RWA) on the Ethereum blockchain, the network’s rapid growth in DeFi, the growing presence of stablecoins, and ongoing innovations across Layer 2 solutions.

Valente further notes that more than $120 billion in total value is already locked within Ethereum and its scaling networks, highlighting its liquidity dominance. For stablecoins, the blockchain accounts for over $100 billion of the sector’s $200 billion capitalisation, a commanding position that underscores its role as the backbone of the DeFi landscape.

Notably, Valente emphasized ETH’s yield-bearing nature, with staking making the cryptocurrency one of the few revenue-generating digital assets. Beyond its ability to generate yield, the Ark Invest Director notes that Ethereum is also the number one collateral used on Layer 2s, a medium of exchange within NFT marketplaces, and the currency for paying network fees.

He also believes that scaling improvements on Layer 1 and Layer 2 over the next five years could attract millions more users, reinforcing ETH’s dominance and positioning it as a unique asset unlike any other in the crypto market.

XRP’s Growth Potential In A $25 Trillion Crypto Market

While Ethereum is positioned at the forefront of Ark Invest’s projection, XRP remains one of the most closely watched altcoins in the market. Currently valued at approximately $2.8 billion after a recent decline, the cryptocurrency has a total market capitalization of $170.6 billion. For reference, the entire crypto market also has a market cap of $3.93 trillion, as of the time of this report.

Based on these figures, XRP’s current market share is about 4.3% of the entire industry. If this ratio is maintained during the broader market’s projected rise to a $25 trillion valuation, XRP could achieve a market cap of roughly $1.05 trillion. With its current circulating supply, this would imply a price of approximately $17 per token, representing a more than sixfold increase from current levels.

ETH trading at $4,028 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com

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September 26, 2025 0 comments

NFT Gaming

Shiba Inu Exchange Reserves Shrink to 84.7 Trillion

by admin September 25, 2025

Shiba Inu has continued to raise doubts among traders following consistent rejection of expected breakouts. While its price has remained on the downside, crucial on-chain data provided by CryptoQuant suggests there’s still hope for a breakout soon.

The data shows that a massive 84,734,500,000,000 SHIB are currently held across all crypto exchanges as of September 25, a decent decline from the reserve recorded the previous day.

What does this mean for SHIB?

The massive 84.7345 trillion SHIB that is currently held in exchange reserves is flashing a positive sign, despite the 5% decline being witnessed in the price of the asset.

While exchange reserves basically measure an asset’s liquidity and accessibility, they also play crucial roles in predicting an asset’s potential price action.

According to the data, the total number of SHIB held in all supported crypto exchanges has reduced to 84.7345 trillion, suggesting that traders have become more interested in withdrawing their tokens off exchanges during the period.

Notably, a decline in the value of a crypto asset in reserve indicates lesser selling pressure, which implies growing confidence in the potential price action of the concerned asset. While SHIB has continued to plunge hard, the decreasing reserve shows that traders are increasingly buying off the tokens from the exchanges into cold storage amid surging interest to hold the assets on a long-term basis.

While the declining metric also spans across all derivative exchanges offering SHIB-related options, the decline in the reserve of the derivative exchanges may not directly predict SHIB’s price potential, as traders might be opening both long and short positions. Meanwhile, a rise in reserves across derivatives exchanges would have predicted high price volatility for the token.

Nonetheless, the Shiba Inu momentum has continued to fade, despite the hype surrounding its community engagement. Its recent price action, which saw its price fall as low as $0.00001156, has wiped out gains for short-term traders, while long-term holders appear to be struggling to retain resilience.

With SHIB’s recent on-chain metrics suggesting that bears are taking over its ecosystem, investors are gradually losing optimism, and the possibility of the asset removing another zero is currently threatened.

Nonetheless, a potential breakout in the price of the asset is expected to restore momentum. While a SHIB exec has recently explained that the asset is ready for an ETF review, investors are still confident that SHIB might return to the spotlight soon.

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September 25, 2025 0 comments

A trader in front of screens. (sergeitokmakov/Pixabay/Modified by CoinDesk)

GameFi Guides

Stablecoin Market Could Reach $4 Trillion by 2030, Citi Says in Revised Forecast

by admin September 25, 2025

The stablecoin market is expanding faster than expected, with issuance volumes rising from about $200 billion at the start of 2025 to $280 billion as of Thursday, according to a report by Citi.

The bank has lifted its 2030 forecast for stablecoin issuance to $1.9 trillion in its base case and $4 trillion in a bull case, up from $1.6 trillion and $3.7 trillion respectively.

If stablecoins circulate at a velocity comparable to fiat currencies, they could support up to $100 trillion in annual transactions by 2030 under the base scenario and double that in the bull case. Citi argued this growth reflects blockchain’s “ChatGPT moment” as digitally native companies lead adoption in real-world commerce.

Yet the report suggests stablecoins may not dominate all on-chain finance. Bank tokens — such as tokenized deposits — could ultimately see higher transaction volumes, driven by corporate demand for regulatory safeguards, real-time settlement and embedded compliance. A small migration of traditional banking rails on-chain, Citi estimated, could push bank token turnover beyond $100 trillion by the end of the decade.

The forecast also underscored the continued role of the U.S. dollar. Most on-chain money remains dollar-denominated, fueling demand for Treasuries, though hubs like Hong Kong and the UAE are emerging as centers of experimentation.

Citi framed the rise of stablecoins not as a battle to replace banks but as part of a broader reimagining of financial infrastructure. Different forms of digital money — stablecoins, bank tokens and CBDCs — are likely to coexist, each finding its niche.

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September 25, 2025 0 comments

Crypto Trends

Thanks to Bitcoin 40% More People are Millionaires as Crypto Market Hits $3.3 Trillion

by admin September 24, 2025

The global population of crypto millionaires has reached 241,700, up 40% in the past year, according to the Crypto Wealth Report 2025 by Henley & Partners.

The surge coincides with a broader rally that lifted total digital asset market capitalization to $3.3 trillion in June, a 45% increase year-on-year, the report, featuring data from global wealth intelligence firm New World Wealth, said.

Bitcoin remains the main driver of wealth creation in the sector.

Holders with portfolios above $1 million in BTC climbed 70% to 145,100 year-over-year. At the upper end, 450 individuals now hold at least $100 million in crypto, while 36 billionaires control even larger stakes.

The report points to a shift in how digital assets are used, with Bitcoin increasingly treated as collateral rather than a speculative play. This evolution, observers say, is transforming the token into the base layer of a parallel financial system.

“Bitcoin is becoming the foundation of a parallel financial system, where [it] is not merely an investment for speculation on fiat price appreciation, but the base currency for accumulating wealth.” Philipp A. Baumann, founder of Z22 Technologies, said in the report.

Bordeless wealth

Crypto’s decentralized nature is also redrawing patterns of global wealth. Analysts note that investors are pursuing citizenship and residency programs to navigate regulatory uncertainty while securing access to banking and tax-efficient jurisdictions.

Henley’s annual Crypto Adoption Index ranks Singapore, Hong Kong, the U.S., Switzerland, and the UAE as the top five destinations for digital asset investors.

With over $14 trillion in wealth moving across borders last year, the report argues that crypto’s portability—secured by little more than a seed phrase—marks a fundamental break from centuries of place-based financial systems.

“Today, cryptocurrency has made geography optional — with nothing more than 12 memorized words, an individual can secure a billion dollars in Bitcoin, instantly accessible from Zurich or Zhengzhou alike,” said Dominic Volek, Group Head of Private Clients at Henley & Partners.

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September 24, 2025 0 comments

NFT Gaming

$1.3 Trillion Morgan Stanley to Launch Bitcoin Trading in Months

by admin September 23, 2025

The cryptocurrency industry is gaining increasing adoption with traditional finance. The latest signal of this adoption comes from Morgan Stanley’s E*Trade, the online brokerage firm, which plans to launch digital asset trading by 2026.

Morgan Stanley partners with ZeroHash for crypto expansion

In a post on X, Matthew Sigel, VanEck’s Head of Digital Assets Research, shared that E*Trade will commence in the first half of 2026. In order to get off to a smooth start, Morgan Stanley is partnering with ZeroHash.

Morgan Stanley first dropped the hint in May 2025, as reported by U.Today. The banking giant expressed its desire to explore crypto more deeply, given the favorable regulatory environment. Worth mentioning is that the bank backed Bitcoin in 2021 with some institutional funds.

ZeroHash is a renowned crypto infrastructure provider that offers trading and settlement services. To ensure a seamless launch, Morgan Stanley will invest $100 million directly into ZeroHash. The capital will be raised through a fundraising round.

🚨 Morgan Stanley’s E*Trade to List Digital Assets in 1H26 in Partnership with ZeroHash.$MS Will Also Invest in ZeroHash’s $100M Raise Led by $IBKR, at a Reported $1B Valuation. Additional participants include SoFi, Jump, and some Apollo funds. pic.twitter.com/KcytikydvM

— matthew sigel, recovering CFA (@matthew_sigel) September 23, 2025

There are other notable names in the deal, and this includes Interactive Brokers, which will lead the funding round. Other investors are SoFi, Jump Trading and Apollo Global Management Funds. The total valuation of this has been pegged at $1 billion.

The move signals that mainstream Wall Street players are increasingly deepening their commitment to crypto assets. The institutional adoption might be closely linked to a shift in crypto regulation in the U.S. following this new administration.

Notably, major banks are beginning to consider crypto services for their customers as demand soars. If this trend continues, cryptocurrency will move from being just a fringe asset, and it could see rapid integration into the broader financial market, given its growing potential and user base.

Crypto adoption increasing in traditional finance space

There has been an increased effort by traditional institutions to adopt crypto. JPMorgan Chase and Coinbase recently sealed a partnership deal to make crypto access easier for users. The collaboration would allow customers to use Chase credit cards to make purchases on Coinbase.

Other benefits of the collaboration are that, from 2026, users will be able to redeem rewards and also link their Chase accounts directly to Coinbase. These are part of a broader integration between traditional finance and crypto.

Amid these collaborations, Stuart Alderoty, Ripple’s CLO, has identified some key barriers to faster adoption of crypto. These include a lack of awareness about the workings of the asset class and wrong ideas about crypto.

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September 23, 2025 0 comments