CoinsProbe

Key Highlights
Hyperliquid has announced that validators will vote on the potential delisting of four assets — $BLAST, $CHILLGUY, $FTT, and $TST — scheduled for May 25, 2026 at 09:00 UTC.If approved, all open perpetual positions will be automatically settled at the 1-hour weighted spot oracle price — open orders cancelled and no new orders accepted after settlement.Traders holding positions in any of these four assets are strongly urged to close before the vote window to avoid forced settlement at potentially unfavourable prices.The vote follows stakedquant's methodology and multiple community requests — continuing Hyperliquid's proactive validator-driven governance approach.
Hyperliquid has put four assets on notice. The protocol has officially announced that its validators will vote on whether to delist $BLAST, $CHILLGUY, $FTT, and $TST from its perpetuals markets — with the vote scheduled for May 25, 2026 at 09:00 UTC.
The official announcement from @HyperliquidNews confirmed:
“Validators will vote on whether to delist BLAST, CHILLGUY, FTT, and TST around 25 May 2026 at 09:00 UTC, based on stakedquant’s methodology and community request. If validators vote to delist an asset, the perps will settle to the 1 hour weighted spot oracle price before the scheduled delisting voting time, and open orders will be canceled. Close any positions beforehand to avoid automatic settlement. After settlement, no new orders will be accepted.”
For anyone holding open positions in these assets on Hyperliquid — the action required is clear and time-sensitive: close before May 25 at 09:00 UTC.
Source: @HyperliquidNews (X)
What Happens If Validators Approve the Delistings
The mechanics of a governance-approved delisting on Hyperliquid are specific and worth understanding clearly:
EventWhat HappensSettlement price1-hour weighted spot oracle price before the voteOpen ordersAutomatically cancelledOpen positionsAutomatically settled at the oracle priceNew orders post-settlementNot accepted
The key risk for traders who do not act in advance: forced settlement at the oracle price at the time of the vote — which may not reflect where an actively managed exit would have been placed. Hyperliquid’s explicit guidance is to close positions well before the voting window — not at the last minute.
Why These Four Assets
The delisting proposal follows stakedquant’s methodology — Hyperliquid’s framework for evaluating whether listed perpetual markets continue to meet the platform’s quality standards — alongside multiple community requests to clean up the listings.
Each of the four assets has characteristics that make them candidates for review:
$BLAST — The Blast L2 network token — has seen significantly declining trading activity as the broader Layer-2 narrative has consolidated around more established ecosystems. Declining volume and liquidity on Hyperliquid’s BLAST perp have made it a natural candidate for review.
$CHILLGUY — A Solana-based memecoin — is representative of the short-lifecycle speculative assets that generated peak trading interest during 2024–2025’s memecoin season but have since seen volume collapse to levels that no longer justify a maintained perp market.
$FTT — The FTX exchange token — remains one of the most symbolic remnants of the 2022 crypto collapse. Despite occasional speculative bursts, FTT’s fundamental case has never recovered and its long-term trading activity on Hyperliquid has been minimal.
$TST — Has reportedly failed to meet the platform’s internal performance thresholds for sustained trading volume and ecosystem relevance.
Assets are evaluated on trading volume, liquidity depth, community engagement, and overall ecosystem relevance. The four named assets have collectively failed to maintain the activity levels that justify continued listing on a platform processing billions in daily derivatives volume.
Hyperliquid’s Governance Model — Why This Matters
As we covered in our CME and NYSE lobbying analysis and our Coinbase and Circle USDC partnership article, Hyperliquid has been navigating a complex regulatory and competitive environment in 2026. One of its strongest differentiators has been its on-chain governance model — where validators and stakers directly shape platform decisions rather than relying on centralised executive decisions.
This delisting vote is a direct expression of that model. Rather than quietly removing assets, Hyperliquid:
Uses a transparent, published methodology (stakedquant)Takes community requests seriouslySchedules votes with advance noticeGives traders clear time windows to manage positions
The result is a governance process that protects the platform’s quality standards while giving market participants the information they need to act responsibly. Traders who follow official channels and close positions in advance are protected. Those who ignore the announcement face automatic settlement.
What Traders Should Do Right Now
If you hold open positions in $BLAST, $CHILLGUY, $FTT, or $TST on Hyperliquid:
Close your positions before May 25 at 09:00 UTC — Do not wait until the last hour. Oracle prices at settlement time may differ significantly from current prices.Cancel any open limit orders — Even if your position is closed, outstanding orders will be cancelled automatically at settlement. Clean up your order book in advance.Monitor official channels — Follow @HyperliquidX and @HyperliquidNews on X for any updates to the vote schedule, methodology, or outcome.Check the governance dashboard — Hyperliquid’s on-chain governance tracker will reflect the validator vote in real time as it progresses toward and through the May 25 deadline.
Community Reaction
Early community responses on X have been broadly supportive of the cleanup — with two distinct camps visible:
The “cleanup” camp — Traders and community members who view the removal of low-volume, low-relevance assets as a positive signal for platform quality. Removing dead weight perp markets concentrates liquidity into active markets — improving price discovery and execution quality for all traders.
The positioning camp — Traders already moving to close positions or rotate capital from the flagged assets into stronger markets ahead of the May 25 deadline — treating the announcement as a clear directional signal.
As we noted in our HYPE price and ecosystem analysis, HYPE is currently trading near $45+ with a +77%+ year-to-date performance — and a governance model that actively maintains listing quality is part of what supports the protocol’s institutional credibility at this price level.
Bottom Line
Hyperliquid’s validator vote to potentially delist $BLAST, $CHILLGUY, $FTT, and $TST is a routine but important governance action — and the deadline is real. If you hold positions in any of these four assets, the action required is simple: close before May 25 at 09:00 UTC.
This is Hyperliquid’s governance working as designed — transparent, community-driven, and giving traders the advance notice they need to manage positions responsibly. Whether all four assets are ultimately delisted or some survive the validator vote, the platform’s commitment to maintaining a high-quality trading environment is the signal worth noting.
Frequently Asked Questions
Which assets are being considered for delisting on Hyperliquid?
$BLAST, $CHILLGUY, $FTT, and $TST — with validators voting on May 25, 2026 at 09:00 UTC based on stakedquant’s methodology and community requests.
What happens to open positions if the vote passes?
Open positions are automatically settled at the 1-hour weighted spot oracle price before the scheduled voting time. Open orders are cancelled and no new orders can be placed after settlement.
What should traders do before May 25?
Close all open positions in $BLAST, $CHILLGUY, $FTT, and $TST before May 25 at 09:00 UTC — and cancel any outstanding limit orders to avoid automatic settlement at the oracle price.
Why are these four assets being reviewed?
All four have reportedly seen declining trading volume, reduced liquidity, or failed to meet Hyperliquid’s internal performance thresholds. $FTT is a FTX collapse remnant, $CHILLGUY a short-lifecycle Solana memecoin, $BLAST a declining L2 token, and $TST has failed to maintain activity levels.
Is the delisting confirmed?
No — the vote is scheduled for May 25. Validators could vote to keep some or all assets listed. Traders should monitor @HyperliquidX and @HyperliquidNews for the official vote outcome and any updates to the timeline.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Key Highlights
The Pi Core Team confirmed on May 20, 2026 that most major Mainnet Node operators have successfully upgraded to v23 — with the full protocol transition to v23 expected in the coming days.This is described as one of the most challenging upgrades in Pi Network's history — involving simultaneous upgrades across three critical subsystems: Protocol 22→23, Ubuntu 20→24, and PostgreSQL 12→16.Protocol 23 is the gateway to native smart contract functionality via Soroban — enabling dApps, DeFi, NFTs, and real-world asset tokenization on Pi Mainnet.Testnet 1 and Testnet 2 completed the migration earlier — providing a validated testing ground before Mainnet nodes took on the upgrade.
Pi Network has reached one of the most significant technical milestones in its mainnet history. On May 20, 2026, the Pi Core Team confirmed via @PiCoreTeam:
“Big kudos to Mainnet Node operators for upgrading to v23. Most major Nodes have now been upgraded, and the protocol is expected to move to v23 soon. This was one of the most challenging upgrades to date, as it involved multiple subsystem upgrades and optimizations that required internal data reprocessing. Protocol 22 → 23, Ubuntu 20 → 24, PostgreSQL 12 → 16.”
This is not a routine software patch. What node operators have just completed is a coordinated overhaul of three separate critical systems — simultaneously — on a live Mainnet. The fact that most major nodes have successfully completed the migration is a significant demonstration of the infrastructure reliability and operator commitment that underpins Pi’s network.
As we covered in our Protocol 23 upgrade deadline guide and our deadline extension to May 19, this upgrade has been the most technically demanding step in Pi’s entire protocol upgrade sequence — and the rapid progress since the deadline shows how seriously the node operator community has treated it.
What the v23 Upgrade Actually Changed — Three Systems at Once
What makes this upgrade categorically different from every prior step in Pi’s upgrade sequence is that it required three separate major migrations to happen in coordination:
Protocol 22 → 23 — The Smart Contract Gateway
This is the headline change. Upgrading from Protocol 22 to Protocol 23 aligns Pi Mainnet with the latest Stellar Core advancements — and specifically enables native smart contract functionality via Soroban, Stellar’s smart contract platform. This is the technical foundation that unlocks:
Decentralised applications (dApps) — developers can now build and deploy on Pi MainnetDeFi protocols — lending, borrowing, liquidity pools, and automated market makersNFTs — verifiable digital ownership on Pi’s blockchainReal-world asset (RWA) tokenization — physical assets represented as digital tokens on-chain
As we detailed in our Consensus 2026 coverage, this is the capability that both Pi co-founders presented to 20,000+ institutional attendees in Miami — and it is now being activated at the infrastructure level.
Ubuntu 20 → 24 — Operating System Overhaul
A full major version OS upgrade across distributed node infrastructure — bringing modern security patches, improved performance, extended long-term support, and better compatibility with current hardware. This is not glamorous work — but running production blockchain infrastructure on an outdated operating system creates security and stability risks that grow over time. The Ubuntu 24 upgrade eliminates those risks and positions node hardware for years of reliable operation.
PostgreSQL 12 → 16 — Database Migration
The database layer migration is perhaps the most technically demanding component of the three. PostgreSQL 16 delivers significant improvements in data storage efficiency, query speed, and horizontal scalability — capabilities that become increasingly critical as Pi’s transaction volume grows toward institutional-grade usage. This migration involved live internal data reprocessing across distributed systems — the element the Pi Core Team specifically highlighted as what made this upgrade the most challenging to date.
Why Testnet First — The Right Engineering Approach
Before a single Mainnet node began the v23 migration, Testnet 1 and Testnet 2 had already completed the full upgrade sequence — providing a real-world validation environment where any issues could be identified and resolved without risk to the live network.
This sequencing — Testnet validation first, Mainnet migration second — is the correct engineering approach for an upgrade of this complexity. It explains why the Pi Core Team was willing to extend the original May 15 deadline to May 19: not because the upgrade was failing, but because ensuring every operator had access to an improved release and sufficient time to migrate safely was more important than hitting an arbitrary date.
The rapid completion by most major nodes since the deadline demonstrates that the Testnet validation work paid off — the migration pathway was well-defined and operators could execute it with confidence.
What Comes Next — Full Protocol Migration to v23
The node software upgrade is complete for most major operators — but the full protocol migration to v23 on Mainnet is the next step and is expected in the coming days.
Once the protocol transition completes, Pi Mainnet will be operating on the full v23 foundation — with smart contract capability active, the upgraded database layer supporting higher transaction volumes, and the modern OS providing long-term infrastructure stability.
From there, the development roadmap accelerates:
dApp development — builders can deploy applications on a production-ready smart contract platformDEX experiments — already being tested on Testnet — move closer to Mainnet activationEcosystem expansion — the Pi Launchpad and app ecosystem gain the programmable foundation they need to operate at scaleProtocol 24.1 preparation — the next upgrade step in the roadmap, with a deadline of May 25, 2026
For Pi’s 60 million+ engaged users and the 18.1 million+ KYC-verified Pioneers confirmed in the April 2026 network update, the v23 completion marks the moment the network they have been building shifts from a mobile mining project into a production-ready programmable blockchain.
A Note on Node Operators
The Pi Core Team’s statement specifically called out node operators — and the recognition is deserved. What these operators completed was not a simple restart-and-update process. It was a coordinated, multi-system migration on live infrastructure involving real-time data reprocessing across a distributed network.
Maintaining network uptime and stability while simultaneously upgrading the OS, migrating a major database version, and transitioning the core protocol is the kind of engineering work that rarely gets public recognition — but represents exactly the infrastructure reliability that separates serious blockchain projects from those that collapse under technical complexity.
As one community member noted in reply to the official announcement: “The backbone of this ecosystem is rock solid.”
Bottom Line
Pi Network’s v23 upgrade is not a marketing milestone — it is the infrastructure foundation that everything else depends on. Protocol 23 brings smart contracts. Ubuntu 24 brings security and stability. PostgreSQL 16 brings the database performance needed for real scale. All three together, completed simultaneously on a live Mainnet, represent one of the most complex technical achievements in Pi’s history.
The protocol transition to v23 is expected in the coming days. When it completes — Pi Mainnet enters its smart contract era.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Key Highlights
Bitwise confirms it is already staking over 6 million HYPE through its Bitwise Onchain Solutions validator.CEO Hunter Horsley says future HYPE bought from BHYP ETF fees will “probably” also be staked.Bitwise recently announced it will allocate 10% of BHYP ETF management fees toward buying HYPE on its corporate balance sheet.The strategy creates a powerful flywheel: ETF growth → more fees → more HYPE purchases → more HYPE staking.Hyperliquid continues attracting institutional attention as HYPE trades near $49.41, up over 94% YTD.
Bitwise Asset Management has reinforced its rapidly growing commitment to the Hyperliquid ecosystem with a major operational update that is drawing strong attention across crypto markets.
Following the firm’s May 18 announcement that it would allocate 10% of management fees from its Bitwise Hyperliquid ETF (NYSE: BHYP) toward purchasing HYPE on its corporate balance sheet, Bitwise CEO Hunter Horsley shared an important new detail today.
Responding publicly on X, Horsley stated:
“It’s true. We’ll probably stake it via our Bitwise Onchain Solutions validator as well (currently staking >6M HYPE).”
That single line revealed something highly significant: Bitwise is already staking more than 6 million HYPE through its own validator infrastructure — making it one of the largest institutional validators actively supporting the Hyperliquid network today.
Bitwise CEO On HYPE Staking/Source: @HHorsley (X)
Bitwise Already Has Over 6 Million HYPE Staked
The biggest takeaway from Horsley’s confirmation is not just the future ETF fee allocation — but the scale of Bitwise’s existing exposure.
Bitwise Onchain Solutions is already staking more than 6 million HYPE, showing the firm has quietly built substantial in-house validator infrastructure around Hyperliquid well before today’s announcement.
This means Bitwise is not merely offering passive investment exposure through an ETF product. Instead, the firm is already actively participating in securing the network while earning staking rewards directly through its validator operations.
For many market participants, that level of operational involvement signals a far deeper conviction than traditional ETF sponsorship alone.
New BHYP Fee Purchases Will Likely Be Added to Staking
The May 18 announcement confirmed that 10% of BHYP ETF management fees would be used to purchase HYPE on Bitwise’s corporate treasury balance sheet.
Today’s update suggests those newly acquired HYPE tokens will likely also be delegated through Bitwise Onchain Solutions.
That creates a powerful alignment structure across multiple layers of the ecosystem:
Investor alignment: BHYP ETF holders benefit from in-house staking infrastructureCorporate alignment: Bitwise uses part of its own revenue to accumulate HYPENetwork alignment: Both ETF assets and treasury holdings contribute to network security through staking
Rather than sitting idle on the balance sheet, Bitwise’s treasury-acquired HYPE appears set to become an actively staked position that further strengthens validator participation on Hyperliquid.
Source: @Bitwise (X)
BHYP ETF Expands Institutional Access to HYPE
The Bitwise Hyperliquid ETF (BHYP) officially launched on May 15, 2026, becoming one of the first U.S.-based investment products to provide direct HYPE exposure alongside integrated staking.
The ETF carries a 0.34% sponsor fee, which is currently waived during the first month for the first $500 million in assets.
Unlike many crypto investment products that rely heavily on external infrastructure providers, Bitwise chose to manage staking internally through Bitwise Onchain Solutions — a move that now appears increasingly strategic given the firm’s rapidly expanding validator position.
Why Traders See This as a Major Signal
Hyperliquid has already emerged as one of crypto’s strongest-performing ecosystems in 2026, driven by explosive growth in perpetual trading, tokenized real-world assets, and institutional participation.
At the time of writing, $HYPE is trading near $49.41, up 25.06% over the past 7 days and more than 94% year-to-date, pushing its market capitalization above $12.5 billion.
Hyperliquid (HYPE) Price/Source: Coinmarketcap
What makes Bitwise’s strategy especially notable is the self-reinforcing dynamic it creates:
ETF growth → Higher management fees → More HYPE purchases → More HYPE staked through Bitwise validator
That structure effectively ties ETF adoption directly to ongoing HYPE accumulation and validator participation.
Institutional Conviction Around Hyperliquid Keeps Growing
Bitwise’s expanding role within Hyperliquid comes as institutional interest around the ecosystem accelerates rapidly.
Recent developments — including growing HIP-3 real-world asset activity and expanding pre-IPO perpetual markets — have helped position Hyperliquid as one of the most closely watched on-chain trading ecosystems in crypto.
Bottom Line
Bitwise’s confirmation that it is already staking more than 6 million HYPE — while likely preparing to stake future ETF fee-derived purchases as well — represents one of the clearest institutional endorsements Hyperliquid has received so far.
The firm is no longer acting solely as a passive ETF issuer. It is now actively accumulating, staking, and helping secure the network through its own validator infrastructure.
For traders and investors watching Hyperliquid’s institutional adoption story unfold, the message from Bitwise appears increasingly clear: this is a long-term ecosystem commitment, not just a product launch.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Wichtige Highlights
Der Ethereum-Mitgründer Vitalik Buterin hat öffentlich konkrete kurzfristige technische Verbesserungen skizziert, um native Privatsphäre in Ethereums L1 zu bringen – und adressiert damit das, was viele als das kritischste fehlende Feature des Netzwerks ansehen.
Drei spezifische Upgrades sind in Arbeit: AA + FOCIL für zensurresistente private Transaktionen, Keyed Nonces (EIP-8250), die für den Hegota-Fork angestrebt werden, und Arbeiten an der Zugangsschicht auf Kohaku, um Seitenauslauf-Lecks zu schließen.
Die Entwicklung signalisiert einen Wandel in den Kernprioritäten von Ethereum – von Skalierbarkeit und Staking hin zu praktischer, modularer Privatsphäre, die direkt in die L1-Infrastruktur integriert ist.

Key Highlights
Ethereum is trading at $2,125 — down -6.60% over 30 days and -28.37% year-to-date — with a market cap of approximately $256.49 billion.Analyst flagged a TD Sequential buy signal on ETH on May 19 — calling for a potential rebound from current levels.A Bullish Bat harmonic pattern has completed at point D near $2,078 on the daily chart — a high-probability reversal zone that ETH is already showing early signs of bouncing from.Bullish targets on a confirmed pattern hold: $2,320 (0.618 Fibonacci) and $2,470 (1.0 Fibonacci). Invalidation below $2,078.
Ethereum has been under sustained pressure in 2026 — but two technical signals are now converging at the same price zone that analysts are flagging as a potential short-term reversal point. At $2,125, ETH is sitting just above a critical harmonic completion level — and with a TD Sequential buy signal firing simultaneously, the technical case for a rebound is building.
Ethereum (ETH) Price/Source: Coinmarketcap
As we covered in our Ethereum ETH/BTC fractal analysis, ETH has been building a historically significant setup on the ETH/BTC pair — testing one of the most important descending resistance trendlines since the 2017–2018 cycle. The current USD price weakness does not change the structural picture — and the two signals arriving today give bulls a specific and actionable framework to trade from.
Signal 1 — TD Sequential Buy Signal
On May 19, 2026, prominent analyst @alicharts posted a direct and clear call on ETH:
“Ethereum $ETH just got a TD Sequential buy signal. I believe a rebound could be next.”
The TD Sequential is a widely respected counter-trend timing indicator developed by Tom DeMark — designed to identify exhaustion points in a trend where selling momentum is depleting and a reversal becomes statistically more likely. A buy signal does not guarantee a rally — but it marks the point where the seller’s statistical advantage starts to erode and early buyers can begin positioning with a defined risk level.
Ethereum $ETH Flashed TD Buy Signal/Source: @alicharts (X)
The signal firing at current levels — after a -28.37% year-to-date decline — is consistent with the kind of exhaustion phase where TD Sequential buy signals have historically preceded meaningful recoveries in prior ETH cycles.
Signal 2 — Bullish Bat Harmonic Pattern Completes at $2,078
The second and structurally more detailed signal is the completion of a Bullish Bat harmonic pattern on ETH’s daily futures chart — one of the most respected high-probability reversal structures in technical analysis.
According to the pattern structure:
The pattern started at point X near $2,132.Price rallied impulsively to point A.It then retraced to point B, rebounded to point C, and completed at point D near $2,078.
The D zone at $2,078 is the Potential Reversal Zone (PRZ) — the specific price area where the Bullish Bat pattern completes and where buyers are statistically most likely to step in against the prior corrective move. This is not a random support level — it is a Fibonacci-derived zone that aligns multiple ratio relationships from the prior swing points simultaneously.
Ethereum ($ETH) Daily Chart/Coinsprobe (Source: Tradingview)
Critically, ETH has already shown an initial bounce from the $2,078 completion zone — recovering to the $2,125 current level. This early stabilisation is the first confirmation that the PRZ is attracting buyers — and it is the behaviour the pattern calls for before the larger recovery move develops.
What’s Next for ETH — Two Scenarios
Bullish Scenario
The immediate outlook depends on how price interacts with the $2,078 support zone. A sustained hold above this level, followed by a decisive break higher, would validate the harmonic pattern. In that case, the next upside targets align with key Fibonacci extensions at $2,320 (0.618 level) and $2,470 (1.0 level).
Bearish Scenario
A decisive daily close below $2,078 invalidates the Bullish Bat pattern entirely — signalling that the PRZ has failed to hold and sellers remain in control. In this scenario the harmonic setup is negated and lower support levels would need to be identified. The broader context — a -28.37% year-to-date decline and continued macro headwinds — means a pattern failure here could accelerate the downside rather than simply delay the recovery.
Bottom Line
Ethereum’s technical picture is offering two simultaneous signals that bulls will be watching closely — a TD Sequential buy signal from @alicharts and a Bullish Bat harmonic pattern completion at $2,078. The early bounce from the PRZ zone is encouraging. But confirmation requires a sustained hold above $2,078 on a daily closing basis — anything less and the pattern remains at risk.
Watch $2,078 as the floor. A hold opens the path to $2,320 and $2,470. A break below puts the harmonic setup off the table.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Key Highlights
Zcash is trading near $553 after surging +66% over the past 30 days, pushing its market cap above $9.2 billion.A Hyperliquid whale opened a massive $20M 10x leveraged long on ZEC, signaling strong bullish conviction from smart money.ZEC is currently forming a bullish ABCD harmonic pattern, with the projected upside target sitting near the $800–$810 zone.A successful reclaim of the key $648 resistance level could confirm continuation of the rally and open the path toward further upside.
Privacy-focused cryptocurrency Zcash is back in the spotlight after delivering one of the strongest performances in the market over the past month as Grayscale has filed to convert its Zcash Trust (ZCSH) into the world’s first spot ETF.
At the time of writing, ZEC is trading near $553.68, up 5.25% in the last 24 hours and an impressive 66.58% over the past 30 days. The rally has pushed Zcash’s market capitalization to approximately $9.24 billion, placing the veteran privacy coin among the top-performing large-cap cryptocurrencies in recent weeks.
Zcash (ZEC) Price/Source: Coinmarketcap
The latest move comes as traders increasingly rotate into high-volatility altcoins while broader crypto market sentiment continues improving.
Massive Whale Long Position Sparks Attention
The rally gained even more attention after on-chain tracker Lookonchain revealed a major leveraged bet placed on $ZEC through Hyperliquid.
According to the report, whale wallet “0x8652” opened a massive 10x isolated long position on 36,875 ZEC worth roughly $19.68 million.
The position instantly became one of the largest on-chain bullish bets currently active on ZEC.
Source: hypurrscan
The liquidation price for the trade sits near $494.55, giving the whale roughly a 10% downside buffer from the original entry zone around $540.
Recent updates show the position has already moved significantly into profit, with unrealized gains approaching $469,000 as ZEC climbed above $553. The wallet also reportedly maintains a leveraged long position on HYPE, signaling continued aggressive positioning toward high-momentum crypto assets.
Technical Structure Suggests More Upside
From a technical perspective, ZEC’s daily chart is showing a developing ABCD harmonic pattern — a setup often associated with strong continuation momentum before a potential exhaustion phase emerges.
The structure began forming from Point A near $318 before rallying aggressively toward Point B around $642.40. Price later corrected toward Point C near $486.58, where buyers stepped in and defended the structure successfully.
Since rebounding from the Point C zone, ZEC has resumed its upward trajectory and is now pushing through the mid-$550 range, suggesting the final CD leg of the harmonic pattern may still be unfolding.
Zcash (ZEC) Daily Chart/Coinsprobe (Source: Tradingview)
Could ZEC Reach $800?
If the ABCD harmonic setup continues developing as projected, the next major upside target sits near the 2.07 Fibonacci extension level.
This places the Potential Reversal Zone around $800–$810, representing roughly 45% upside from current price levels. However, before bulls can target that zone confidently, ZEC must first achieve a successful reclaim of the key resistance level near $642.40 — the previous major swing high from Point B. A decisive breakout and sustained daily close above $642.40 would confirm continuation of the CD leg and significantly strengthen the probability of further upside toward the $800 region.
While harmonic patterns can eventually signal trend exhaustion, the CD leg itself is typically driven by strong bullish momentum. That means traders are now closely watching whether ZEC can continue accelerating higher before any major correction appears.
For bulls, the key support area remains around $486.58. Holding above this level keeps the harmonic structure intact and preserves the bullish outlook.
A breakdown below that support zone would weaken the setup and increase the probability of deeper downside pressure returning.
Bottom Line
Zcash has quickly re-emerged as one of the market’s strongest-performing altcoins after rallying more than 66% in the last month.
The combination of a massive $20 million whale long position, improving market sentiment, and a bullish harmonic setup targeting the $800 region has significantly increased trader attention around ZEC.
Whether the rally continues toward the projected $800–$810 zone now depends on whether bulls can maintain momentum above the critical $486 support area in the coming sessions.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Wichtige Highlights
HYPE wird bei 48,10 $ gehandelt — +6,59 % innerhalb von 24 Stunden und +89,17 % seit Jahresbeginn — mit einer Marktkapitalisierung von 12,24 Milliarden $.
Die SEC bereitet eine "Innovationsausnahme" vor, die offiziell den Handel mit tokenisierten traditionellen Wertpapieren rund um die Uhr auf dezentralen Krypto-Plattformen ermöglichen würde — einer der bedeutendsten regulatorischen Veränderungen in den USA hin zu On-Chain-Infrastruktur, die jemals angekündigt wurde.
Bitwise hat sich verpflichtet, 10 % der Verwaltungsgebühren seines Hyperliquid ETFs ($BHYP) für den Kauf und das Halten von HYPE auf seiner Bilanz zu verwenden — mit einer Mindesthaltedauer von 12 Monaten.

Wichtige Highlights
Goldman Sachs hat seine Positionen in Solana und XRP ETF/Trust im ersten Quartal 2026 vollständig aufgegeben.
Die Bank hat eine neue Position in der PURR-Strategie, die mit Hyperliquid verknüpft ist, eröffnet.
Das offene Interesse an Hyperliquid RWA hat kürzlich einen Rekord von 2,6 Milliarden Dollar erreicht.
Trader sehen diesen Schritt als wachsendes institutionelles Interesse an DeFi-Infrastruktur.
Der Wall Street-Riese Goldman Sachs hat im ersten Quartal 2026 einen großen Schritt in seiner Krypto-Positionierung gemacht, laut seinem neuesten 13F-Bericht.
Der Bericht zeigt, dass Goldman alle gemeldeten Positionen in Solana und XRP ETF/Trust vollständig aufgegeben hat, während gleichzeitig eine neue Position im schnell wachsenden Hyperliquid-Ökosystem über das PURR-Hyperliquid-Strategieprodukt eröffnet wurde.

Wichtigste Highlights
HYPE handelt bei 45,84 $ — ein Plus von +7,42% in 24 Stunden und +80,26% seit Jahresbeginn — mit einer Marktkapitalisierung von 11,66 Milliarden $.
trade.xyz hat den $SPCX Perpetual aktiviert — ein SpaceX Pre-IPO Vertrag, der zu einem Referenzpreis von 150 $ startet und damit eine Marktkapitalisierung von 1,78 Billionen $ impliziert — die neueste und auffälligste HIP-3 Pre-IPO Listung bislang.
Zwei Wale haben in den letzten 24 Stunden insgesamt über 15 Millionen $ in HYPE investiert — einer hat 10,2 Millionen $ von Gold rotieren lassen und eine 5x Hebel-Long-Position eröffnet, der andere hat 102.055 HYPE zu 47,75 $ gekauft.

Wichtige Highlights
Bitcoin handelt bei 78.134 $ — ein Rückgang von -1,07 % in 24 Stunden und -3,20 % über 7 Tage — mit einer Marktkapitalisierung von 1,565 Billionen $, während der wöchentliche Verkaufsdruck zunimmt.
BTC konnte den 200-Tage-MA nahe 82K nicht zurückerobern — das hat die Erholungsrally gestoppt und zieht den Preis jetzt zurück in die 78K-Zone.
Laut Ecoinometrics wurden in den letzten 8 Tagen etwa 17.000 BTC an Netto-ETF-Abflüssen verzeichnet.
Das bärische Fraktal von 2022 — eine nahezu identische Korrektur von -52,62 % vom ATH von 126.208 $, das die -52,52 % Korrektur von 2022 widerspiegelt — bleibt das wichtigste strukturelle Risiko im täglichen Candlestick-Chart, wenn der 200 MA nicht zurückerobert wird.

Wichtige Highlights
Das Pi Core Team hat die Frist für das Upgrade auf das Protokoll 23.0 von 15. Mai auf 19. Mai 2026 verlängert — das gibt den Node-Betreibern vier zusätzliche Tage, um die Migration abzuschließen.
Die Verlängerung hat einen positiven Grund: ein verbessertes Release, das die Datenbankleistung der Nodes nach der Migration steigert — nicht wegen eines technischen Fehlers oder eines Ökosystemproblems.
Node-Betreiber sollten auf das verbesserte v23.0 Release aktualisieren, anstatt mit der vorherigen Version fortzufahren — das neue Release bietet eine bessere langfristige Node-Leistung.

Wichtige Highlights
Bittensor (TAO) wird bei $271,10 gehandelt — ein Rückgang von -10,54% in 24 Stunden und -13,28% über 7 Tage — mit einer Marktkapitalisierung von $2,96 Milliarden.
Der Wochenend-Verkauf hat die jüngsten wöchentlichen Gewinne komplett ausgelöscht — dies geschah im Kontext eines breiteren Marktrückgangs, wobei BTC um -2,93% und ETH um -2,97% im gleichen Zeitraum gefallen sind.
Trotz des scharfen Rückgangs bildet sich ein klassisches Inverse Kopf-Schulter-Muster auf dem Tageschart — die rechte Schulter hält sich knapp über der 200-Tage-MA bei $266 als kritische Unterstützung.

Wichtige Highlights
Die CME Group und die NYSE lobbyieren aktiv bei den U.S. Regulierungsbehörden, um strengere Auflagen für Hyperliquid zu erwirken – dabei zitieren sie Risiken von Marktmanipulation und Umgehung von Sanktionen.
ZachXBT hat sofort den Widerspruch aufgezeigt: Die Muttergesellschaft der NYSE, ICE, hat im März 2026 eine Investition von 600 Millionen Dollar in Polymarket abgeschlossen – was ihren Gesamtanteil auf etwa 1,64 Milliarden Dollar erhöht – während sie gleichzeitig eine Regulierung von Hyperliquid fordert.
HYPE ist in einer Stunde um -5,32% gefallen aufgrund der Nachrichten – derzeit wird es für $42,98 gehandelt mit einer Marktkapitalisierung von $10,94 Milliarden.

Wichtigste Highlights
Das Pi Netzwerk hat das Pi App Studio aktualisiert, um Vibe-Coding zu unterstützen – wodurch Creator in der Lage sind, Apps mit externen KI-Tools wie Codex, Claude Code, Replit, Cursor und Lovable zu erstellen und sie direkt in das Pi-Ökosystem zu bringen.
Das Update bietet maßgeschneiderte Copy-and-Paste-Aufforderungen, die den Creatorn helfen, das Pi SDK zu integrieren, die Einrichtung zu überprüfen und Pi-Zahlungen hinzuzufügen – ohne Integrationen von Grund auf neu aufbauen zu müssen.
Sowohl technische Entwickler als auch nicht-technische Produktleute können jetzt ihre KI-erstellten Apps über das echte Vertriebsnetz von Pi an über 60 Millionen engagierte Pioniere verteilen.

Wichtige Highlights
Cardano (ADA) tradet derzeit bei etwa 0,265 $ — ein Anstieg von +8% über die letzten 30 Tage — wodurch die year-to-date Verluste auf etwa -20% gesenkt werden, mit einer Marktkapitalisierung von etwa 9,8 Milliarden $.
Wallets, die 1 Million+ ADA halten, kontrollieren jetzt 25,09 Milliarden ADA — 67,47% des bestehenden Angebots — mit konstanten Nettozuflüssen, die seit Dezember 2023 verzeichnet wurden, trotz eines Drawdowns von -71% von den vorherigen Höchstständen.
Analyst @alicharts berichtet, dass der SuperTrend-Indikator auf ein frisches Kaufsignal auf dem Tageschart von ADA umgeschaltet hat — derselbe Indikator, der den -73% Rückgang ab September 2025 zeitlich erfasst hat — zunächst mit einem Ziel von 0,33 $ und 0,42 $ bei anhaltendem Momentum.

Wichtige Highlights
Ethereum wird bei $2.255,66 gehandelt – ein Rückgang von -2,16% in 24 Stunden und -4,55% über 30 Tage – mit einer Marktkapitalisierung von etwa $272,23 Milliarden.
Trotz des Preisrückgangs haben die realisierten Gewinne im Ethereum-Netzwerk einen 3-Wochen-Hoch von $74,58 Millionen erreicht – angetrieben von langfristigen Akkumulatoren unter $2.000, die in der Schwäche Gewinne mitnehmen.
Der Analyst hat festgestellt, dass ETH/BTC Bullenmuster hält und eine der wichtigsten absteigenden Widerstandstrendlinien in seiner gesamten Geschichte testet.
Ein bestätigter Ausbruch über diese ETH/BTC-Trendlinie könnte eine der stärksten Altcoin-Saisons seit 2017 auslösen – laut der Einschätzung des Analysts.

Wichtige Highlights
Kupfer ist auf ein neues Allzeithoch nahe $6,70/lb gestiegen — aktuell bei $6,65 gehandelt — ein Plus von +2,40% in 24 Stunden und +12,52% über 30 Tage.
Ein nebeneinanderstehendes Fraktal-Diagramm vom Analysten @cantonmeow zeigt Kupfer und Silber, die einem nahezu identischen mehrjährigen technischen Muster folgen — wobei Kupfer jetzt am gleichen strukturellen Punkt ausbricht, an dem Silber seinen parabolischen Anstieg gestartet hat.
Silber hat bereits seinen Move abgeschlossen — es ist von etwa $40 auf einen Höchststand von $121 aus einem ähnlichen Konsolidierungssetup gestiegen. Kupfer folgt nun dem gleichen Skript.

Wichtige Highlights
Bitcoin tradet bei $80,602 — ein Plus von +0,13% in 24 Stunden und +13,75% über 30 Tage — mit einer Marktkapitalisierung von etwa $1,614 Billionen.
Trotz heißer als erwarteter US-CPI-Daten — die Inflation im April lag bei 3,8% im Vergleich zu einer Prognose von 3,7% — hielt sich BTC stabil in der Nähe der $80K-Zone, wobei der Ausverkauf durch das Abwickeln von $1,25 Milliarden in gehebelten Derivaten und nicht durch Spot-Verkäufe getrieben wurde.
Ein auffälliges bärisches Fraktal von 2022 vs. 2026 zeigt, dass Bitcoin das gleiche Muster spiegelt — eine -52,52% Korrektur im Jahr 2022 von $69,198 ATH und eine -52,62% Korrektur im Jahr 2026 von $126,208 ATH — beide testen jetzt den 200-Tage-SMA als kritisches Entscheidungsniveau.

Wichtige Highlights
Ethereum hält sich nahe $2.300, trotz heißer als erwarteter US-CPI-Daten – was bemerkenswerte Resilienz zeigt, während Risikoanlagen mit makroökonomischen Gegenwinden konfrontiert sind.
On-Chain-Daten zeigen, dass über 3 Millionen ETH von Binance abgehoben wurden – mit einem Tageshoch von über 500.000 ETH – eine der größten Abhebungswellen in den letzten Monaten.
Großangelegte Abflüsse von Börsen während einer Phase seitwärts gerichteter Preisdynamik werden allgemein als gezielte Akkumulation von erfahrenen und langfristigen Haltern interpretiert, die Tokens in die Selbstverwahrung bewegen.

Wichtige Highlights
Das Pi Core Team hat ein detailliertes Update veröffentlicht, das sich mit dem vorläufigen KYC befasst — dem Zwischenverifizierungsstatus, der Millionen von Pionieren betrifft, die noch auf die vollständige KYC-Genehmigung und die Mainnet-Migration warten.
Vorläufiges KYC ist keine Ablehnung — es signalisiert, dass eine Bewerbung zusätzliche Verifizierung benötigt, bevor die endgültige Genehmigung erteilt wird, um das Grundprinzip des Netzwerks 'Eine Person, ein Konto' zu schützen.
Neueste KI-Updates haben bereits die Warteschlange für menschliche Überprüfungen um 50 % reduziert — Millionen von vorläufigen Fällen wurden in vollständiges KYC umgewandelt — mit weiteren Verbesserungen in Arbeit.