Coinpedia Fintech News

The post LUNC Price Reclaims $0.0001 After Sell-Off—Can a Short Squeeze Push It to $0.00012? appeared first on Coinpedia Fintech News

Terra Classic has gained immense attention in the past few days as the price triggered a sudden rise of close to 190%. Although the volume behind the surge was below the average levels, it hinted towards a rise in the traders’ participation. Currently, the LUNC price has staged a strong recovery after a brief pullback, reclaiming the crucial $0.0001 level and reviving a strong bullish momentum. 

On the other hand, the current upswing seems to be backed by a strong spot accumulation, which may further lead to a short squeeze. With this, the question arises whether the LUNC price will rise above the pivotal resistance at $0.00014.

LUNC Price Gearing for a Sharp Recovery

As seen in the daily chart, LUNC is attempting to break above a long-standing ascending resistance trendline near the $0.00012 region. The latest rally has been supported by consecutive bullish candles and rising volume, indicating growing market participation. Meanwhile, the RSI continues to hover near the overbought zone, suggesting strong bullish momentum despite a minor cooldown.

The price currently trades above the key support at $0.0001, which now acts as an important psychological and technical level. If the price breaks the ascending trend line, a rise to $0.00141 could be imminent, which may further attract a significant buying volume. On the other hand, a failure could push the price back to the local lows below $0.00009. However, the technicals and the derivatives suggest a continued ascending trend. 

Terra Classic Open Interest Drops as Price Rises

Despite the bullish price action, Terra Classic’s Open Interest witnessed a notable decline after recently surging above $30 million. The drop in OI suggests that leveraged traders are gradually closing positions following the recent rally. Typically, falling OI during a price increase indicates that the market is reducing excess leverage rather than aggressively opening fresh long positions.

A rise in price alongside declining Open Interest often points toward short-covering or spot-driven buying activity instead of leverage-fueled speculation. This means bears may be exiting positions as the price moves higher, creating additional buying pressure. At the same time, the absence of aggressive leverage reduces the risk of an immediate long squeeze, making the rally structurally healthier in the short term.

However, if Open Interest continues to decline sharply, the bullish momentum could weaken over time due to the lack of fresh participation from derivatives traders.

Will LUNC Experience a Short Squeeze Toward Higher Targets?

LUNC continues to display bullish strength after reclaiming the key $0.0001 level, while the decline in Open Interest suggests the rally is currently being driven by short-covering and spot demand rather than excessive leverage. This setup keeps the possibility of a short squeeze active, especially if the price breaks above the immediate resistance near $0.00012. 

Such a move could force remaining bearish positions to exit, potentially accelerating the rally toward $0.00014 and higher levels. However, failure to sustain above $0.0001 may weaken the bullish structure and trigger a pullback toward the $0.000073 support zone.

The post Ripple News: Can CLARITY Act May 14 Vote Trigger XRP Bull Run? appeared first on Coinpedia Fintech News

Crypto analyst Zach Rector says the next XRP bull run is not a question of if but when, and the early signals are already visible.

The stock market just added $10 trillion in market cap over 39 days. The NASDAQ hit 29,000 for the first time in history. The S&P 500 reached a record 7,400. According to Rector, this kind of liquidity expansion historically rotates into crypto next, and that rotation has already begun.

“Let them juice up the stock market so they can rotate it into digital assets and let that money flow in,” he said.

Two Coins Already Proving the Point

Rector pointed to two recent pumps as proof the rotation is starting:

Constellation DAG surged 200% after announcing an acquisition by AI Holdings and a NASDAQ listing on May 14 under the ticker AIS

Ondo jumped over 137% from its February lows following the landmark Ripple, JPMorgan and Mastercard cross-border tokenized Treasury settlement on the XRP Ledger

XRP itself did not move on the Ondo news despite being the underlying infrastructure. Rector called it “incredible suppression” but said not to be fooled. XRP outperformed Ondo last cycle and he expects it to do the same again.

The CLARITY Act Is the Catalyst

The Senate Banking Committee has officially scheduled the CLARITY Act markup for May 14 at 10:30 AM EST. Rector said this is the last real window to get the bill passed before midterm campaigning takes over the political calendar.

If it clears committee, advances through the full Senate, gets reconciled with the House version, and reaches Trump’s desk by July 4, it removes the single biggest regulatory overhang hanging over XRP and the broader crypto market.

Retail Is Already Gone

Rector flagged that Coinbase XRP trading volume fell 18% year over year, a sign retail has largely exited. In his view that is exactly when the move happens.

“You scare retail out, chop it sideways so they get bored, and then you send it,” he said.

His portfolio is 90% XRP. He is already positioned and the bull run, in his view, does not wait for everyone to feel comfortable.

The post Uniswap Price Prediction: Can UNI Price Rally Toward $5 Next? appeared first on Coinpedia Fintech News

Over the past week, the Uniswap price has gained strong bullish momentum, breaking out of a prolonged consolidation phase below $3.5. The latest upswing has pushed UNI toward the neckline of a parabolic recovery structure, helping the token recover most of the losses recorded in recent weeks. UNI has climbed over 8% to trade near $3.94, while its market capitalization surged to $2.5 billion. Trading volume also jumped by more than 25%, adding over $412 million in activity.

One of the key catalysts behind the rally appears to be the growing market buzz around Uniswap’s ‘V4 hooks,’ which are increasingly being viewed as a strong fundamental driver. Technically, UNI has reclaimed a crucial resistance zone, signaling a notable shift in market structure in favor of the bulls. However, volume remains near average levels despite a slight increase, suggesting the rally is being driven more by weakening selling pressure than aggressive buying demand. 

This raises a critical question: can UNI sustain this bullish momentum through the month, or is the current move merely a short-term breakout?

As seen in the chart, UNI has printed consecutive bullish candles over the past few sessions, reclaiming the crucial $4 level with strong momentum. The RSI has surged into the overbought zone without showing any bearish divergence, indicating sustained bullish strength. Meanwhile, the CMF has climbed sharply to 0.40 after moving sideways near neutral levels for months, signaling a notable rise in capital inflows and buying pressure. This strengthens the possibility of a move toward the 1.0 Fibonacci level at $4.26. 

However, steadily rising exchange reserves remain a concern, as increasing token inflows to exchanges could trigger short-term selling pressure.

The above chart shows UNI exchange reserves steadily rising toward 89.6 million tokens, indicating more supply is moving onto exchanges. Typically, increasing reserves hint at potential selling pressure, especially after a sharp rally. However, despite the rising reserves, UNI continues to hold above the key $4 level, suggesting buyers are absorbing the incoming supply. 

If bullish momentum sustains, the price could advance toward the immediate resistance at $4.26, followed by $4.64 to $5. Conversely, a failure to hold above $4 may trigger a short-term pullback toward the $3.56 support zone before the next directional move.

The post SUI Breakout Gains Momentum—Can the Price Surge Another 20% in May? appeared first on Coinpedia Fintech News

The SUI price is showing renewed bullish momentum after breaking out of a prolonged consolidation range that capped the crypto for nearly three months. As the broader crypto market recovers alongside Bitcoin’s rise above key levels, SUI has started outperforming several altcoins with a strong breakout above the psychological $1 mark.

The recent rally has pushed the SUI price above $1.10 while traders now speculate whether the bullish momentum could trigger another 20% upside move in the coming weeks.

SUI Price Breaks Above Multi-Month Consolidation Range

The daily chart suggests SUI has finally escaped a prolonged accumulation phase after trading within a broad range between roughly $0.85 and $1.03 since February. The latest breakout above the upper boundary of the consolidation zone signals that bulls may now be attempting to initiate a fresh upward trend.

The price has also reclaimed the key resistance zone near $1.05, which previously acted as a major support level before the broader correction phase. SUI is now attempting to flip the next crucial resistance near $1.15, which could determine the next phase of the rally. Meanwhile, the Chaikin Money Flow (CMF) indicator has moved back into positive territory, suggesting improving capital inflows and stronger buyer participation during the breakout.

Key Levels to Watch

Immediate resistance: $1.15

Major bullish target: $1.32

Extended upside target: $1.40

Immediate support: $1.05

Strong support zone: $0.90

SUI Open Interest Surges Above $620 Million

The bullish momentum is also being supported by rising derivatives activity. Data from CoinGlass shows SUI open interest surged sharply from roughly $450 million to more than $620 million over the past few weeks. The increase in open interest alongside rising price action suggests traders are aggressively opening fresh positions as bullish sentiment strengthens around the token.

The latest spike in open interest closely aligned with SUI’s breakout above the consolidation range and its push toward the $1.15 resistance zone. This indicates growing speculative participation may be supporting the ongoing rally.

How High Can SUI Price Go This Month?

SUI’s breakout above its multi-month consolidation range suggests bullish momentum may continue building in the coming weeks. Rising capital inflows and surging open interest further support the possibility of a larger expansion move.

If bulls successfully flip the $1.15 resistance zone into support, the SUI price could rally another 20% toward the $1.32 region this month. However, failure to sustain above the reclaimed breakout zone near $1.05 may weaken momentum and trigger renewed consolidation.

The post Banking Lobby Tries to Kill CLARITY Act Four Days Before Senate Vote appeared first on Coinpedia Fintech News

Four days before the Senate Banking Committee votes on the CLARITY Act, major banking trade groups have submitted a joint letter demanding changes to a stablecoin yield compromise they had already accepted.

The American Bankers Association, Bank Policy Institute, and three other major banking lobbies sent the letter to Senate Banking Committee leadership after the markup vote was officially scheduled for May 14. The timing is deliberate. The Memorial Day recess begins May 21. If the bill does not clear committee before then, it gets pushed off the Senate calendar entirely and a full year of negotiations resets to zero.

What the Compromise Actually Said

The bipartisan compromise reached on May 1 by Senators Thom Tillis and Angela Alsobrooks was straightforward. Crypto companies cannot pay passive yield on stablecoins the way a bank pays interest on deposits. However, rewards tied to actual usage, transactions, and platform activity remain permitted.

Banks agreed to this framework. Then the Senate Banking Committee scheduled the May 14 markup. Within days, the same banking groups submitted a letter demanding the entire rewards framework be scrapped.

What Banks Are Really Worried About

The banking lobby’s stated concern is consumer protection. Their actual concern is competition. Banking groups have explicitly said in their own communications that yield-bearing stablecoins could reduce consumer, small business, and farm loans by 20% or more. 

If consumers move money from bank accounts into crypto platforms offering activity-based rewards, banks have less capital to lend and less profit to generate. That is a competitive threat, not a consumer protection argument.

Trump Pushes Back

President Trump has publicly stated he will not allow bankers to derail the bill. A Senate aide who reviewed the banking lobby letter described it as “pretty milquetoast,” adding that committee members have already moved past the yield debate and are focused on wrapping up remaining issues around ethics provisions.

What Happens Next

The May 14 markup vote is still on. The July 4 deadline for the President’s signature remains the White House target. But the banking lobby’s last minute intervention is a deliberate attempt to introduce enough friction to blow past the Memorial Day deadline.

If the committee holds firm and advances the bill on Thursday, the path to July 4 stays open. If the lobbying effort succeeds in reopening the yield debate, the entire legislative effort risks collapsing before it reaches the Senate floor.

The post Privacy Protocol Users Are Looking for Safer, More Reliable Alternatives appeared first on Coinpedia Fintech News

Recent attention around Houdini Swap has pushed the conversation around privacy protocols back into focus across the cryptocurrency market.

The discussion gained momentum after the acquisition announcement of the privacy-focused cross-chain swap aggregator. This was followed by a debate around Houdini’s reliability, transparency, token-holder alignment, operational trust, and the broader direction of privacy infrastructure, including questions about whether platforms claiming to be non-custodial actually route transactions through centralized exchanges.

The crypto community discussed not only the technical capabilities of privacy tools but also questioned whether existing privacy platforms are even aligned with the expectations of everyday users.

This shift in attention towards trust and usability is why platforms like SilentSwap are starting to gain more visibility in the dialogue surrounding privacy in crypto.

As users reevaluate what they actually want from today’s privacy tools, the focus is now moving towards those that are more convenient and practical. This marks a shift away from complicated infrastructure narratives, which used to dominate the crypto space, towards platforms that focus on offering users simplicity, accessibility, and a cleaner experience.

And this is where SilentSwap’s appeal comes from; it actually delivers non-custodial privacy without relying on hidden centralized infrastructure.

The platform is designed to be non-custodial, with users maintaining full ownership of their assets and no hidden routing through centralized exchanges. At no point during the transaction process do they give up custody or hand it to an intermediary.

At the same time, the platform offers an onboarding experience that has been kept intentionally light and simple to avoid the friction that prevents privacy-focused tools from gaining widespread adoption. There are no lengthy registration flows, mandatory identity checks, or unnecessarily complicated routing processes sitting on top of the core transaction experience.

So, by having a straightforward transaction flow and giving users full control over their funds, SilentSwap allows more users, especially mainstream consumers, to enjoy privacy while being true to the foundational ethos of crypto.

In the current environment, this practical privacy matters a lot. Because historically, privacy protocols mainly, if not only, appealed to highly technical crypto users who were willing to deal with the complex and buggy interfaces in exchange for anonymity or control. 

But crypto isn’t that niche anymore, the adoption dynamics are changing as stablecoins get integrated into traditional finance. Users now increasingly want privacy tools that they can actually understand, feel stable, and make part of their financial routine easily. So, the transaction flows need to be predictable, and the interface needs to be intuitive.

In practice, privacy infrastructure is not judged by how decentralised it is, nor is it evaluated based only on security. It is actually adopted based on just how dependable the experience  is for everyday activity.

SilentSwap fits into this emerging category perfectly by offering privacy without excessive friction. 

The broader privacy protocol sector is now actually entering a period where user expectations only become more demanding and not less.

As crypto adoption goes mainstream, aided by regulatory clarity and institutional acceptance, user trust becomes the differentiator. Platforms must combine non-custodial design with operational consistency, smooth onboarding, and trustworthiness that goes beyond just marketing. 

And those that are able to offer these features are most likely to succeed over the next phase of adoption.

As the conversation around privacy protocols evolves, the attention surrounding Houdini Swap may help the sector build privacy infrastructure that is practical, reliable, and sustainable for everyday use. Already, users have been pushed to think about these elements more critically. In that environment, platforms like SilentSwap are benefiting from growing demand for privacy tools that prioritize simplicity, accessibility, and non-custodial control without overwhelming users in the process.

The post DOGE Whale Accumulation Builds as Dogecoin News Traders Watch AlphaPepe Near $1.2M Raised appeared first on Coinpedia Fintech News

DOGE whales spent April quietly stacking. Now the chart is starting to show what they were already buying. The latest DOGE whale accumulation data shows the largest wallets now hold a record level of DOGE, with single-day large transactions hitting their highest level in six months. DOGE has rallied off the base, broken above its main moving averages, and spot DOGE ETFs just snapped a two-week dry spell with fresh inflows.

The setup is the strongest it has shown in months, with analysts pointing toward roughly 4x potential over the rest of 2026. The catch is the math from here. Even hitting that upper target is a respectable trade for buyers already in DOGE, just not the kind of move that changes a small bag into something life-changing. Buyers chasing wealth-changing returns are looking earlier in the curve, where AlphaPepe is approaching $1.2 million raised at stage 16, with thousands of users already active on its AI exchange before the token even lists.

What The DOGE Whale Accumulation Actually Tells You

Whale wallets do not stack 108 billion tokens by accident. The pattern through February to April was a textbook accumulation base: large holders quietly absorbing DOGE through the chop while retail attention was elsewhere. The May breakout was not random. It was the trigger whales had already been positioned for over the prior two months.

For long-term DOGE holders, this is genuinely good news. Whale concentration historically reduces available supply and supports price discovery on the way up. ETF inflows returning, the SEC commodity classification, and ongoing speculation around X payments integration and the SpaceX IPO all build a real demand picture for the coin. None of that is bearish for DOGE.

The math is just less explosive than it looks at first glance. DOGE at current levels reaching the upper analyst targets would be a 4x trade across the rest of the year. That’s solid for a top-ten asset, but not the kind of multiple retail buyers are scanning for when they ask which presale to back next.

Why AlphaPepe Approaching $1.2M Raised Is The Quieter Story

While DOGE traders watch the breakout play out, AlphaPepe’s presale has quietly been doing the work that actually moves a project forward. AlphaPepe’s stage 16 round has pulled over 8,400 holders inside as the raise approaches $1.2 million. The project is currently adding more than 100 new wallets every day, with growth continuing through volatile weeks where most presale flows dried up across the sector.

The product underneath the meme is what’s making the difference. AlphaSwap, the project’s AI-powered exchange, is already running with 3,000+ active users on it before the token has even listed. The platform addresses three problems that hurt retail traders the most: getting rugged on copy-paste contracts, missing whale moves until the chart has already run, and chasing trends after they’ve peaked. Take the rug example.

A trader sees a token pumping on Twitter, apes in, and only afterward learns the contract has a hidden function blocking sells. AlphaSwap scans the contract before the swap and flags exactly those traps, which for someone who can’t read Solidity is the difference between losing the bag and walking away clean. The same engine watches large wallets in real time and flags trending tokens with sentiment scoring before they hit any major outlet. That’s the kind of utility most presales talk about but rarely ship.

Why The Math Still Favours AlphaPepe From Here

The team is the other piece. The lead dev came from the ShibaSwap team and helped scale Shibarium, the same group behind one of the biggest meme ecosystems in crypto. The contract is fully audited and cleared. The Q2 listing window will close the $0.01666 entry once it opens.

DOGE holders watching whales stack are betting on a meme coin with real utility narratives building behind it, but at a $16 billion market cap the move from here is measured in percentages rather than multiples. AlphaPepe holders are betting on a presale that’s still in the price discovery zone, with shipped product, a credentialed team, and a demand curve that has continued running uphill while the rest of the sector stalled. The trade in front of buyers right now is whether to wait for established names to play out cycles or take a presale entry where the math has serious room left in it.

VISIT ALPHAPEPE OFFICIAL WEBSITE

FAQs

Why are DOGE whales accumulating right now? Whale wallets hold a record 108.52 billion DOGE as ETF inflows return and analysts target $0.20 to $0.47 for the rest of 2026.

What is the AlphaPepe presale price right now? AlphaPepe stage 16 is open at $0.01666, with the round approaching $1.2 million raised and over 8,400 holders inside.

What is AlphaSwap? A live AI exchange that scans contracts and tracks whale wallets, with 3,000+ users active before the AlphaPepe token even lists.

Crypto Press Release Distribution by CoinFunnel.

The post GTAO Gains Ground: Grayscale Reopens Private Placements as Bittensor Hits Solana appeared first on Coinpedia Fintech News

Wall Street’s appetite for AI-linked crypto products clearly isn’t cooling off yet. Grayscale just announced that its Grayscale Bittensor Trust, trading under the GTAO ticker, is now open for private placement to eligible accredited investors. And honestly, the timing isn’t random. The Bittensor ecosystem suddenly got a lot louder this week.

Bittensor Expansion Pushes GTAO Back Higher

Canonical TAO officially went live on Solana through Wormhole’s Sunrise integration, opening native trading support on Jupiter Exchange and Meteora while also landing wallet support from Phantom and Solflare.

That’s a pretty massive surface-area expansion for a token that spent months quietly grinding upward since February.

Meanwhile, GTAO’s numbers are starting to reflect that shift. The trust’s market price now sits at $9.06 while NAV per share stands at $5.97. Back when TAO’s recovery rally first started accelerating earlier this year, GTAO market price hovered near $6.08 and NAV per share sat around $4.39.

Grayscale GTAO Assets Continue Growing Steadily

The Grayscale Bittensor Trust launched publicly on December 12, 2025, and now manages roughly $13.06 million in assets under management with 2.1 million shares outstanding. Of course, investors are still paying Grayscale-style fees, with the trust carrying a 2.50% total expense ratio.

But let’s be real, institutional investors rarely chase convenience for free. The bigger story here is access.

Institutional Demand For TAO Keeps Building

GTAO remains one of the few investment vehicles offering exposure to Bittensor’s TAO token through a traditional security structure without requiring direct custody or storage of crypto assets.

Now, with Solana integrations expanding liquidity and Grayscale reopening private placement access, the market is starting to treat TAO less like an obscure AI token and more like a serious institutional crypto narrative. For now, Grayscale GTAO appears to be riding that wave.

The post Solana Price Nears Key Resistance—Can SOL Rally to $100 This Weekend? appeared first on Coinpedia Fintech News

As the Bitcoin price stabilizes around the $80,000 range, bullish momentum appears to be gradually returning to the crypto markets. Among the top-performing altcoins, Solana is showing notable strength after the SOL price surged above $90 and climbed as high as $93 over the past few hours.

The rally has pushed SOL close to a crucial resistance zone, while technical indicators continue to flash bullish signals. Analysts now believe a breakout above the local resistance near $95 could open the doors for a fresh rally toward the long-awaited $100 milestone this weekend.

Solana Price Analysis: Can Bulls Sustain the Momentum?

The Solana price is approaching a crucial resistance zone after reclaiming the $90 range with rising bullish momentum. As market sentiment improves, traders are now watching whether SOL can break above the local resistance near $95 and trigger a fresh rally toward the psychological $100 milestone this weekend.

The daily chart shows SOL rebounding strongly from the key support zone near $76 while forming higher lows, indicating growing bullish strength. The price is now testing the upper resistance range near $95, which has capped previous recovery attempts.

An ascending trendline continues to support the rally, while the Supertrend indicator has flipped bullish. Meanwhile, the CMF indicator has moved back into positive territory, suggesting improving buying pressure and fresh capital inflows. A breakout above $95 could open the doors for a rally toward $100 and potentially higher levels. However, failure to clear the resistance may trigger a pullback toward the $89 support zone.

Key Levels to Watch

Immediate resistance: $95

Major bullish target: $100

Immediate support: $89

Strong support zone: $76

Will Solana Price Reach $100? 

Solana continues to maintain a bullish structure as the price approaches the crucial resistance zone near $95. The formation of higher lows and improving buying pressure suggest the bulls are attempting to build momentum for a breakout toward $100.

However, SOL still needs to secure a strong daily close above the resistance zone before confirming the next leg higher. If the breakout occurs over the weekend, the Solana price could quickly rally toward the $100 milestone this week. Otherwise, continued consolidation below resistance may delay the move until next week.

The post Is CC Price Starting A Bigger Breakout If Jumps $0.16? appeared first on Coinpedia Fintech News

CC price just woke up from months of sideways boredom, and traders finally have something besides chop to stare at. After a fresh batch of Canton Network updates hit the market, the token posted a 10% intraday surge and broke out from a tightening symmetrical triangle pattern that had been squeezing price action for weeks. 

Canton Network Updates Spark Fresh Momentum

The move started after Canton Network stated that the gap between institutional blockchain strategy and real production deployment is still an implementation problem, adding that Kresus is building on Canton to help close it.

Then came another catalyst. Canton later announced that Featured App rewards now reflect actual network activity through CIP-0104, tying the ecosystem’s economic model directly to the value applications generate for the network. In plain English? Projects actually have to contribute instead of just existing for token emissions.

CC Price Breakout Faces Major Resistance Test

But the truth moving forward is that this rally still has work to do. The key resistance now sits around the $0.16000 zone. If bulls manage to break and hold above that level, the next upside targets stand near $0.17000 and eventually $0.20000.

Fail there, though, and things could get ugly fast. A rejection from $0.16000 may drag CC price back toward $0.14000 support, while a deeper retrace could revisit the $0.11000 region.

Technical Indicators Still Favor Higher Prices

Most interestingly, despite the intraday rally today, the Chaikin Money Flow indicator still remains negative, suggesting inflows haven’t fully turned positive yet. That leaves room for additional upside if momentum continues building.

Meanwhile, RSI sits near 65, signaling strong momentum without entering extreme overheated territory. Add in a fresh MACD bullish crossover, and the setup increasingly looks like a market preparing for another leg higher.

For now, Canton Network has traders watching whether CC price can finally force a clean breakout above $0.16000.

The post Can ICP Price Rally Continue Toward $7, as Whales Have Turned On? appeared first on Coinpedia Fintech News

The Internet Computer crowd finally has something to celebrate besides survival. ICP price just ripped nearly 35% higher to touch $4.0 before cooling near $3.70, and for once, this wasn’t some random candle fueled by some kind of meme-level delusion. The breakout actually came with a proper narrative to which traders could sink their teeth into.

More importantly, ICP/USD today has managed to break above the 200-day EMA band, flipping a long-standing resistance zone into dynamic support. In crypto terms, that’s basically the chart screaming, “maybe the pain trade is over.”

WordPress Move Ignites Internet Computer Demand

Well, the rally in ICP token price really started on May 5 after Dfinity announced on X that WordPress now runs entirely on the Internet Computer through the Wasp Technology team.

And no, not partially. The deployment reportedly includes the frontend, WP-admin, database, and caching system running fully on-chain without external databases, off-chain caches, proxy layers, or TEE VPS infrastructure, per their x post. That development helped ICP price bounce from the $2.30 support region and climb roughly 70% in total over the ongoing rally.

Whale Wallets Quietly Accumulate ICP Tokens

That said, the run in ICP/USD was real, and more to that the reality is that retail traders alone don’t usually sustain moves like this. On-chain supply distribution data paints a more interesting picture here.

As metric chart shows that the Wallets holding between 10 and 10,000 ICP tokens have reportedly been reducing exposure in early May. Meanwhile, holders controlling 10,000 to 100,000 ICP  and even wallets holding 100,000 to 1 million ICP  have started accumulating. This makes it clear that buying demand is back.

ICP Price Eyes Bigger Resistance Breakout Ahead

So, moving forward what’s next? The immediate hurdle now sits around the $4.50 resistance area. If ICP price breaks above that level and converts it into support, the probability of a move toward $7.00 before H1 2026 closes starts looking a lot less ridiculous.

For now, the Internet Computer rally finally has both technical momentum and a narrative powerful enough to keep traders watching.

The post IREN Surges After $3.4B NVIDIA AI Cloud Deal appeared first on Coinpedia Fintech News

IREN announced a massive $3.4 billion AI cloud infrastructure agreement with NVIDIA, including an option for NVIDIA to invest up to $2.1 billion in equity. The partnership triggered explosive trading activity, with IREN’s NASDAQ trading volume surpassing AUD $10 billion in a single session. Bernstein also initiated coverage on the company with a $100 price target following the announcement. The deal positions IREN as a growing player in AI cloud infrastructure amid surging institutional demand for high-performance computing capacity.

The post Ethereum Dominance in DeFi Falls to 54%, Is ETH Losing Control of Biggest Market?  appeared first on Coinpedia Fintech News

Ethereum, the second-largest cryptocurrency by market cap, has seen its dominance in the DeFi market fall to around 54%, down from 63.5% earlier this year, as competing blockchains continue capturing a larger share of the crypto ecosystem. 

Now the big question is Ethereum losing its grip on DeFi dominance? While ETH price has recovered to nearly $2,314.

Ethereum Dominance in DeFi Falls to 54%

According to DeFiLlama data, Ethereum’s share of total DeFi TVL dropped from 63.5% at the start of 2025 to roughly 54% this month, marking one of the network’s weakest dominance levels in years. DeFiLlama currently values Ethereum’s total value locked at approximately $45.4 billion, far ahead of most competing blockchains.

However, other networks are rapidly absorbing market share by focusing on specialized use cases across the crypto ecosystem. Current DeFi TVL market share now stands at:

Solana: 6.66%

BNB: 6.60%

Bitcoin ecosystem: 6.35%

TRON: 6.17%

Base: 5.44%

Hyperliquid ecosystem: 1.81%

This shift suggests DeFi is evolving from a single Ethereum-centered ecosystem into a multi-chain market where each blockchain focuses on specific sectors like stablecoins, perpetual trading, Bitcoin collateral, or consumer applications.

Ethereum Whales Are Selling

Crypto analyst Ali Martinez also pointed to a major shift happening among Ethereum whales.

According to Martinez, wallets holding between 1,000 and 10,000 ETH have significantly reduced their holdings since October 2025.

This whale cohort previously accumulated aggressively during 2025, growing holdings from approximately 12.95 million ETH in April 2025 to 15.95 million ETH by October 2025

However, whale behavior later reversed sharply. Their combined holdings have now dropped to roughly 12.52 million ETH, representing a decline of approximately 21.5%.

This large supply reduction suggests Ethereum may need stronger institutional and retail demand to fully sustain another major rally toward the important $3,000 level.

Ethereum Price Climbs While Ethereum Dominance Is Falling

Even as dominance falls, Ethereum price has started recovering again. Ethereum’s falling market dominance does not mean the network is getting weaker. 

Instead, the crypto market is becoming more competitive as newer blockchains attract users with faster transactions, lower fees, better DeFi apps, and strong reward programs.

As of now, ETH is trading around $2314, jumping 1.5% today. Ethereum has broken out of a descending triangle pattern on the daily chart, supported by rising trading volume and strong buying momentum. 

If the current momentum continues, Ethereum could push toward the $2,500 level in the near term, while a stronger bullish rally may drive the price closer to $3,000.

The post Why Traders Think Chainlink Price Could Rally Much Higher From Here appeared first on Coinpedia Fintech News

Chainlink price is rapidly emerging as one of the strongest infrastructure-driven recovery plays in the crypto market as whale accumulation, ETF inflows and shrinking exchange supply simultaneously reinforce the bullish case for LINK. The token surged more than 7% today after breaking out of its recent consolidation range and reclaiming the key $10 resistance zone, signaling a potential shift in broader market momentum after months of sideways trading.

Behind the breakout, on-chain data revealed aggressive accumulation from large LINK holders while more than 13.5 million tokens moved off exchanges in just five weeks, tightening immediately available supply across the market. At the same time, renewed institutional inflows and treasury reserve expansion are adding further strength to the recovery narrative surrounding Chainlink.

As market attention rotates back toward tokenization, real-world assets and cross-chain infrastructure, traders are now trying to understand why Chainlink price is suddenly exploding and are increasingly betting that LINK could be preparing for a much larger expansion move in the weeks ahead.

Whale Accumulation Is Driving the LINK Price Rally

One of the strongest bullish signals currently supporting Chainlink price is the aggressive accumulation trend visible across large-holder wallets. According to latest data, wallets holding between 100,000 and 10 million LINK accumulated 32.93 million tokens over the past month alone, representing a 7.7% increase in holdings. 

The cohort now collectively controls more than 461 million LINK, marking a new all-time high. The timing of the accumulation is particularly important. Much of the buying occurred while LINK traded sideways near multi-month lows between the $8 and $9 region, suggesting whales were steadily absorbing supply before the latest breakout emerged. Historically, this type of accumulation behavior has often preceded stronger upside expansion phases for Chainlink, especially when broader market sentiment begins improving simultaneously.

ETF Inflows and Treasury Expansion Strengthen LINK Narrative

Institutional sentiment around Chainlink has also started improving again. Recent reports showed LINK-related ETF products recorded more than $1.4 million in weekly inflows, including nearly $878,000 added during a single trading session. While still relatively small compared to Bitcoin-focused products, the inflows signal renewed institutional interest returning to the Chainlink ecosystem.

CHAINLINK ADDS $1.1M WORTH OF $LINK TO OFFICIAL RESERVE Right on schedule, @Chainlink has announced its latest treasury purchase, to the tune of 119,241 $LINK tokens, worth roughly $1.1 million. This brings the reserve's total to some 3.55 million $LINK, worth around $35.2… pic.twitter.com/ouTxOJqSrS

— BSCN (@BSCNews) May 9, 2026

Chainlink also expanded its official reserve holdings after announcing a treasury purchase of 119,241 LINK worth approximately $1.1 million. The reserve now reportedly holds around 3.55 million LINK valued near $35 million. The combination of ETF inflows, treasury expansion and tightening exchange supply is helping reinforce the broader bullish narrative surrounding LINK’s recovery structure.

LINK Price Outlook: Breakout Opens Path Toward $14 and $17

LINK price has now confirmed a breakout from its recent consolidation structure after spending nearly three months building a strong base between $8 and $10.

The breakout pushed Chainlink above key short-term moving averages while momentum indicators also started strengthening sharply. Daily RSI recently moved back into bullish territory, supporting the view that the latest rally may still be in its early stages.

The immediate resistance now sits near the $12 region. If bulls reclaim that level decisively, analysts are increasingly watching the broader $14 to $17 supply zone as the next major upside target visible on the higher timeframe chart. However, maintaining support above the reclaimed $10 breakout zone remains critical for sustaining bullish continuation momentum through May.

What’s Next for Chainlink (LINK)

Chainlink’s recovery is increasingly being driven by structural accumulation rather than short-term speculative momentum alone. Whale wallets are accumulating aggressively, exchange supply is tightening and institutional flows are beginning to return as technical structure improves simultaneously. If LINK continues holding above its recent breakout zone while broader crypto sentiment remains supportive, traders believe Chainlink price could rally much higher from here over the coming weeks.

The post Cardano Price Could Repeat Previous 243% Rally if Key Support Holds appeared first on Coinpedia Fintech News

Cardano (ADA) rose nearly 6% today, trading around $0.27 after holding a key long-term support level near $0.25. The recovery comes as Bitcoin stabilizes above important market levels, while crypto analyst Ali Martinez points to Cardano’s historical breakout pattern around the $0.25 zone.

With ADA still trading 92% below its 2021 all-time high, traders are now watching whether another major recovery rally is starting.

Cardano Standing At Most Important Level: $0.25

According to Martinez’s monthly chart analysis, the $0.25 zone has repeatedly acted as a major reversal point for ADA during previous market cycles.

The ali martinez highlighted two major recovery points that started from this exact level. The first major rebound came in January 2023, when Cardano rallied nearly 88.27% after bouncing from the $0.25 support zone. 

Later, in September 2023, ADA delivered another strong move from the same level, surging almost 243% after successfully defending that support area once again.

Now, Cardano is testing this floor once more while showing early signs of renewed momentum.

$0.25 is a critical support level for Cardano! In my analysis of the monthly chart, this floor has acted as a launchpad for significant rebounds on two major occasions: • January 2023: $ADA bounced off $0.25, resulting in a 88.27% rally over the following weeks. • September… pic.twitter.com/COknFMkG3H

— Ali Charts (@alicharts) May 9, 2026

Martinez, if ADA continues holding above the $0.25 level, it could create the foundation for another major structural rally in the coming months.

Key ADA Price Targets at $0.53

According to the analysis, the first major upside target now sits near the $0.36 resistance level.

If broader crypto market momentum strengthens further, Martinez sees a secondary macro target near $0.53.

However, the analyst also warned that losing the $0.25 support level would invalidate the bullish structure and potentially trigger a deeper correction phase.

Despite today’s rebound, Cardano still remains heavily below its previous cycle peak.

ADA currently trades nearly 92% below its all-time high of $3.10, reached during the 2021 bull market.

Cardano Ecosystem Developments Add Momentum

Beyond technical analysis, several recent ecosystem developments are also helping improve sentiment around Cardano.

This week, the Van Rossem hard fork officially reached the preview testnet stage, marking another important step in Cardano’s network upgrade roadmap.

At the same time, the Cardano Foundation announced the launch of a new blockchain research lab in Latin America as the ecosystem continues expanding globally.

These developments are strengthening expectations that Cardano could attempt a broader recovery move above the important $0.30 resistance zone in coming weeks.

However, the network still maintains a large user base with more than 4.5 million wallets currently holding ADA.

The post ONDO Price Prediction: Active Addresses Jump 300% Amid Strong Bullish Momentum appeared first on Coinpedia Fintech News

The ONDO price has gained massive attention after recent developments triggered a strong bullish breakout. The token surged over 22% to hit $0.44, while trading volume jumped more than 158% to cross $688 million. However, the rally is not being driven by headlines alone.

The growing Real World Asset (RWA) narrative is fueling fresh momentum across the sector, with ONDO emerging as one of the biggest beneficiaries. At the same time, rising network activity and increasing trader participation suggest the rally is backed by strengthening market demand.

With bullish momentum continuing to build, the key question now is whether the ONDO price can sustain this breakout and rally toward the $1 milestone.

Why Is the Ondo Price Rising Today?

The ONDO price is rising primarily as the market reacts aggressively to the growing institutional adoption of tokenised real-world assets (RWAs). The latest catalyst came after Ondo Finance participated in a tokenized U.S. Treasury settlement pilot alongside JPMorgan, Mastercard, and Ripple.

The development significantly boosted investor confidence because it connected blockchain infrastructure with traditional banking and payment systems. Markets now view ONDO as one of the strongest direct plays on the rapidly growing tokenized Treasury sector.

At the same time, network activity rose sharply, accompanied by a technical breakout that hints at consistent upward action. 

ONDO Active Addresses Surge Over 300% During Price Breakout

ONDO’s on-chain activity witnessed a massive expansion alongside the recent rally, further strengthening the bullish narrative behind the breakout. Data from Santiment shows ONDO’s daily active addresses surged from below 700 earlier this month to nearly 2,900 at the recent peak. That marks an increase of more than 300% within a short period, highlighting a sharp rise in network participation as the ONDO price accelerated higher.

The spike in active addresses intensified immediately after the institutional Treasury settlement pilot involving JPMorgan, Mastercard, Ripple, and Ondo Finance gained market attention. This suggests the rally was not driven solely by leveraged speculation but also by growing user activity and fresh wallet participation across the network.

ONDO Technical Chart Signals Potential Trend Reversal

From a technical perspective, ONDO’s market structure has shifted significantly after months of prolonged consolidation. The token spent an extended period trading within a compressed range near $0.24 to $0.28 before witnessing an explosive breakout toward the $0.44 region. A major bullish signal emerged after ONDO reclaimed the Gaussian Channel, which had acted as resistance throughout the broader correction phase. The indicator now appears to be flipping bullish, signaling a potential trend reversal.

At the same time, the On-Balance Volume (OBV) indicator broke above a long-term descending trendline, suggesting rising spot accumulation behind the rally. The breakout structure now indicates strengthening bullish momentum, but ONDO needs to hold above the reclaimed $0.42 region to sustain the uptrend.

Wrapping it Up

ONDO’s breakout above the Gaussian Channel and the bullish OBV divergence suggest the token may be entering a broader expansion phase after months of accumulation. Rising active addresses and strong volume further support the bullish structure. If the ONDO price sustains above the $0.42 to $0.44 support zone, bulls could target the next resistance levels around $0.52 and potentially $0.60 in the near term.

However, failure to hold the breakout range may weaken momentum and trigger a pullback toward the $0.36 support area, with a deeper correction potentially revisiting the $0.30 zone.

The post Ethereum’s Share of DeFi TVL Drops to 54% appeared first on Coinpedia Fintech News

Ethereum has seen its dominance in DeFi Total Value Locked decline from 63.5% at the start of 2025 to around 54%, according to DeFiLlama data cited by CryptoSlate. Despite losing market share to competing blockchain ecosystems, Ethereum remains the largest DeFi network with approximately $45.4 billion in TVL. The shift highlights growing competition from alternative Layer 1 and Layer 2 platforms as users increasingly diversify liquidity and on-chain activity across multiple blockchain ecosystems.

The post Coinbase Expands Bitcoin Holdings to 16,492 BTC appeared first on Coinpedia Fintech News

Coinbase revealed during its Q1 2026 earnings call that it purchased $88 million worth of Bitcoin in the first quarter, increasing its corporate reserves to 16,492 BTC. The exchange added 1,103 BTC since its previous disclosure, bringing the total value of its holdings to roughly $1.3 billion at current market prices. The move highlights continued institutional confidence in Bitcoin as major crypto firms increasingly strengthen treasury exposure despite broader market volatility.

The post Aave Recovers Exploited rsETH Funds as $71M ETH Return Moves Forward appeared first on Coinpedia Fintech News

Aave says its rsETH recovery process has entered Phase II after major progress in resolving the exploit tied to Aave V3 on Ethereum and Arbitrum.

According to the protocol, the attacker’s eight identified Aave V3 positions were successfully liquidated on May 6, with the recovered rsETH collateral transferred to the Recovery Guardian under an Aave DAO-approved proposal.

At the same time, governance proposals backed by both Mantle DAO and Arbitrum DAO were passed to support the broader DeFi United recovery effort.

Aave noted that normal users and Umbrella stakers were not impacted during the liquidation process.

$71 Million Recovery Plan Faces Legal Complications

A major part of the recovery effort involves the $71 million worth of ETH recovered by Arbitrum’s Security Council.

The Arbitrum DAO voted to return the recovered funds to Aave users, but the process was temporarily disrupted after plaintiffs holding judgments against North Korea issued a restraining notice targeting the frozen ETH.

In response, Aave LLC filed an emergency motion asking the court to vacate the notice. Following a May 6 hearing, the judge approved a proposal allowing the immobilized ETH to be transferred to Aave LLC, with the restraining order shifting alongside the funds.

As the legal process continues, Aave said separate borrowed funds will temporarily cover the shortfall until the restricted ETH is officially returned to users.

Aave Plans to Burn rsETH and Restore Market Operations

The next phase of the recovery focuses on restoring rsETH backing and reopening normal bridge activity.

On Arbitrum, the liquidated rsETH will be burned to remove the inflated supply created during the exploit. Kelp will also retire the related LayerZero packet on Ethereum to prevent additional rsETH from being minted on the receiving side.

Meanwhile, the seized rsETH on Ethereum will be transferred into the bridge lockbox alongside ETH committed by DeFi United coalition members. Once the lockbox regains full backing, bridge operations and rsETH withdrawals will gradually resume.

Aave also confirmed that temporary emergency configurations introduced during the incident, including setting WETH loan-to-value ratios to zero on Aave V3 Ethereum Core, will soon return to normal as recovery efforts continue progressing.

The post Grayscale Cardano ETF Could Arrive Before October 2026 appeared first on Coinpedia Fintech News

The latest excitement in the Cardano ecosystem comes from crypto analyst Eilert, who revealed that Grayscale could potentially launch a dedicated Cardano ETF, referred to as “GADA,” before October 23, 2026.

According to the analyst, the SEC’s approval of new generic listing standards for spot crypto ETFs has created a much smoother path for future launches. Under the updated framework, a crypto asset must first complete six months of CME futures trading before becoming eligible for a spot ETF review process.

Cardano ETF 2026 Launch Timeline

August 9, 2026 — ADA becomes eligible for the streamlined ETF approval process after completing six months of CME futures trading. CME ADA Futures officially launched on February 9, 2026.

SEC’s 75-Day Review Window: Under the SEC’s Generic Listing Standards (Rule 19b-4), approved in September 2025, the review process for standard commodity-based ETFs is limited to a maximum of 75 days.

Possible ETF Launch Deadline — October 23, 2026: If Grayscale or NYSE Arca activates the filing on August 9, the SEC would have until October 23, 2026, to issue a final decision on the Cardano ETF.

The possibility of a Cardano ETF has quickly become one of the strongest bullish narratives surrounding ADA, especially as institutional demand for regulated crypto products continues to expand.

Grayscale Increases ADA Exposure

Adding more fuel to the bullish outlook, Grayscale Investments has once again increased its Cardano holdings inside its Smart Contract Fund.

Crypto analytics platform Atrium Lab highlighted the latest portfolio adjustment, while Cardano community member Dave tracked the exact changes. According to the update, Grayscale raised ADA allocation from 17.96% to 18.33%.

At the same time, Ethereum exposure inside the fund was reduced by 1.06%, while Cardano gained an additional 0.37% share. The move signals growing institutional confidence in Cardano compared to competing smart contract platforms.

Key Technical Details

Not a brand-new ETF: GADA would convert Grayscale’s existing Cardano Trust, which already holds ADA. That could help the ETF launch with better liquidity.

SEC approval still matters: Even with the faster process, the SEC still needs to check market safety and anti-manipulation measures before giving the green light.

More ADA ETFs may be coming: Firms like Bitwise and Canary Capital are also pushing for Cardano ETFs, so late 2026 could see multiple ADA ETF launches.

Why This Matters for ADA

The combination of rising Grayscale exposure and a possible Cardano ETF launch is strengthening bullish sentiment around ADA heading into 2026. While the market remains volatile, investors are closely watching whether institutional momentum can eventually push Cardano into a stronger long-term breakout phase.

On the price front, Cardano is seeing improving market sentiment today after ADA rebounded from recent lows and broke above a multi-month descending trendline. The levels to watch are the $0.28 to $0.30 zone, where CoinGlass liquidation data shows heavy clusters that could trigger stronger volatility if bullish momentum continues.