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Pi Network Price Stages Cautious Rebound: Will the Gains Hold?
Pi Network price has staged a strong comeback in the past few days, paring back some of the losses it made earlier this week.
Summary
Pi Network price has rebounded by 23% from its lowest point this week.
The rebound coincided with that of Bitcoin and other cryptocurrencies.
Technical analysis suggests that the token has more downside.
Pi Coin (PI) token rose to $0.1870, up by 23% from its lowest level this week, bringing its market capitalization to over $1.5 billion. Its daily trading volume was $16 million, relatively higher than its recent averages.
Why Pi Coin price has rebounded
Pi’s rebound has mirrored the performance of other coins that have risen after falling earlier this week. Bitcoin (BTC) has moved back to $90,000, while the market capitalization of all coins moved back to $3 trillion.
The coin also rallied after Donald Trump delivered his speech at the World Economic Forum in Davos. In that speech, he ruled out using force in Greenland. In a separate statement, he said that the US had reached a deal on the semi-autonomous state.
Pi Network price also rose after the developers unveiled a new update that will help developers to integrate payments to their applications. It launched a new library that combines the Pi SDK and backend APIs that will enable developers to enable Pi payments in minutes.
You might also like: Coinbase forms quantum risk board to protect Bitcoin, blockchains
However, Pi Network’s recovery faces some major technical and fundamental risks. For example, Pi’s ecosystem is still not as active as that of other chains like Ethereum and Solana. Its token unlocks are continuing, with over 1.2 billion expected to come online in the next 12 months.
Additionally, Pi has not received any tier-1 exchange listing since its mainnet launch, making it unavailable to millions of potential customers. It is also one of the most centralized cryptocurrencies in the industry, with the Pi Foundation holding billions of coins in hundreds of wallets.
Pi Network price technical analysis
Pi Coin price chart | Source: crypto.news
The daily chart shows that the PI Network price crashed to a record low of $0.1520 earlier this week. It then formed a double-bottom pattern, a common bullish reversal sign. It also formed a hammer candlestick, which is made up of a long lower shadow and a small body.
However, the coin could be at risk of more downside as it is about to retest the key resistance level at $0.1933, its lowest level on December 16. A break-and-retest is a sign of bearish continuation.
Pi Coin price has remained below all moving averages and the Supertrend indicator. Therefore, the most likely scenario is where the token resumes the downtrend, potentially to the all-time low of $0.1520.
Read more: Can Solana hold $123–$129 support as Forward’s SOL stash nears 7m tokens?
Summary
Pi Network price has rebounded by 23% from its lowest point this week.
The rebound coincided with that of Bitcoin and other cryptocurrencies.
Technical analysis suggests that the token has more downside.
Pi Coin (PI) token rose to $0.1870, up by 23% from its lowest level this week, bringing its market capitalization to over $1.5 billion. Its daily trading volume was $16 million, relatively higher than its recent averages.
Why Pi Coin price has rebounded
Pi’s rebound has mirrored the performance of other coins that have risen after falling earlier this week. Bitcoin (BTC) has moved back to $90,000, while the market capitalization of all coins moved back to $3 trillion.
The coin also rallied after Donald Trump delivered his speech at the World Economic Forum in Davos. In that speech, he ruled out using force in Greenland. In a separate statement, he said that the US had reached a deal on the semi-autonomous state.
Pi Network price also rose after the developers unveiled a new update that will help developers to integrate payments to their applications. It launched a new library that combines the Pi SDK and backend APIs that will enable developers to enable Pi payments in minutes.
You might also like: Coinbase forms quantum risk board to protect Bitcoin, blockchains
However, Pi Network’s recovery faces some major technical and fundamental risks. For example, Pi’s ecosystem is still not as active as that of other chains like Ethereum and Solana. Its token unlocks are continuing, with over 1.2 billion expected to come online in the next 12 months.
Additionally, Pi has not received any tier-1 exchange listing since its mainnet launch, making it unavailable to millions of potential customers. It is also one of the most centralized cryptocurrencies in the industry, with the Pi Foundation holding billions of coins in hundreds of wallets.
Pi Network price technical analysis
Pi Coin price chart | Source: crypto.news
The daily chart shows that the PI Network price crashed to a record low of $0.1520 earlier this week. It then formed a double-bottom pattern, a common bullish reversal sign. It also formed a hammer candlestick, which is made up of a long lower shadow and a small body.
However, the coin could be at risk of more downside as it is about to retest the key resistance level at $0.1933, its lowest level on December 16. A break-and-retest is a sign of bearish continuation.
Pi Coin price has remained below all moving averages and the Supertrend indicator. Therefore, the most likely scenario is where the token resumes the downtrend, potentially to the all-time low of $0.1520.
Read more: Can Solana hold $123–$129 support as Forward’s SOL stash nears 7m tokens?
Crypto Bill Jilted As US Senate Turns to Housing: Report
It’s safe to say that housing — most Americans’ biggest monthly expense — is now crowding crypto off the legislative calendar.
Summary
Lawmakers push digital-asset legislation to late February/March to focus on housing costs tied to Trump’s affordability agenda.
Executive order targets large institutional investors buying single-family homes, though they own <1% of stock.
Cardano’s Hoskinson warns against “good enough” rules; Ripple’s Garlinghouse favors pragmatic, incremental regulation.
The Senate Banking Committee is expected to delay consideration of sweeping crypto market legislation until late February or March, according to Bloomberg.
Lawmakers are instead shifting their attention to housing affordability in an effort to rein in costs ahead of this year’s congressional elections.
The crypto delay comes after the committee already postponed action last week, raising fresh doubts about whether a comprehensive market-structure bill will clear Congress anytime soon.
Last month, President Donald Trump called the “affordability” issue a democratic hoax.
and senior officials have repeatedly touted crypto as a policy priority, inflation-sensitive voters appear far more concerned with mortgage payments than memecoins. Still, lawmakers began exploring legislation aligned with Trump’s recent executive order barring institutional investors from purchasing single-family homes.
Institutional investors, or Wall Street, own less than 1% of U.S. single-family homes, according to some estimates, leaving open questions about how much the policy would actually move prices. Still, housing costs are widely seen as a liability after Republicans lost several key elections late last year.
What about crypto?
Meanwhile, the crypto bill’s pause is giving industry tensions more room to boil. The legislation aims to clarify regulatory turf between the Securities and Exchange Commission and the Commodity Futures Trading Commission — an issue both agencies say only Congress can resolve. Progress stalled further last week after Coinbase Global Inc. withdrew its support, opening the door to renewed lobbying by financial and crypto players alike.
The Senate Agriculture Committee, which also has jurisdiction, is pressing ahead. It plans to release its version of digital-asset legislation later Wednesday and could vote Jan. 27, setting up an eventual merge with the Banking Committee’s bill before any full Senate vote.
Outside Congress, the delay has fueled a public spat inside crypto itself. Cardano founder Charles Hoskinson sharply criticized Ripple CEO Brad Garlinghouse for backing what Hoskinson called a flawed market-structure bill, warning that “good enough” regulation could become permanent — and permanently damaging.
Garlinghouse, by contrast, has argued that “clarity beats chaos,” praising lawmakers for advancing what he sees as workable frameworks that can be improved during markup.
Hoskinson rejected that logic outright, mocking the idea that a bad bill is better than none and warning that once rules are locked in, reversing them can take years.
The clash underscores a deeper divide: whether crypto should accept imperfect regulation now to gain certainty, or hold out to avoid rules that could favor banks and other incumbents over decentralized finance. For now, crypto is stuck waiting — while Congress worries about housing, and the industry debates whether compromise is progress or surrender.
Read more: Will XRP price rebound after Ripple’s partnership with NYSE-listed DXC?
Summary
Lawmakers push digital-asset legislation to late February/March to focus on housing costs tied to Trump’s affordability agenda.
Executive order targets large institutional investors buying single-family homes, though they own <1% of stock.
Cardano’s Hoskinson warns against “good enough” rules; Ripple’s Garlinghouse favors pragmatic, incremental regulation.
The Senate Banking Committee is expected to delay consideration of sweeping crypto market legislation until late February or March, according to Bloomberg.
Lawmakers are instead shifting their attention to housing affordability in an effort to rein in costs ahead of this year’s congressional elections.
The crypto delay comes after the committee already postponed action last week, raising fresh doubts about whether a comprehensive market-structure bill will clear Congress anytime soon.
Last month, President Donald Trump called the “affordability” issue a democratic hoax.
and senior officials have repeatedly touted crypto as a policy priority, inflation-sensitive voters appear far more concerned with mortgage payments than memecoins. Still, lawmakers began exploring legislation aligned with Trump’s recent executive order barring institutional investors from purchasing single-family homes.
Institutional investors, or Wall Street, own less than 1% of U.S. single-family homes, according to some estimates, leaving open questions about how much the policy would actually move prices. Still, housing costs are widely seen as a liability after Republicans lost several key elections late last year.
What about crypto?
Meanwhile, the crypto bill’s pause is giving industry tensions more room to boil. The legislation aims to clarify regulatory turf between the Securities and Exchange Commission and the Commodity Futures Trading Commission — an issue both agencies say only Congress can resolve. Progress stalled further last week after Coinbase Global Inc. withdrew its support, opening the door to renewed lobbying by financial and crypto players alike.
The Senate Agriculture Committee, which also has jurisdiction, is pressing ahead. It plans to release its version of digital-asset legislation later Wednesday and could vote Jan. 27, setting up an eventual merge with the Banking Committee’s bill before any full Senate vote.
Outside Congress, the delay has fueled a public spat inside crypto itself. Cardano founder Charles Hoskinson sharply criticized Ripple CEO Brad Garlinghouse for backing what Hoskinson called a flawed market-structure bill, warning that “good enough” regulation could become permanent — and permanently damaging.
Garlinghouse, by contrast, has argued that “clarity beats chaos,” praising lawmakers for advancing what he sees as workable frameworks that can be improved during markup.
Hoskinson rejected that logic outright, mocking the idea that a bad bill is better than none and warning that once rules are locked in, reversing them can take years.
The clash underscores a deeper divide: whether crypto should accept imperfect regulation now to gain certainty, or hold out to avoid rules that could favor banks and other incumbents over decentralized finance. For now, crypto is stuck waiting — while Congress worries about housing, and the industry debates whether compromise is progress or surrender.
Read more: Will XRP price rebound after Ripple’s partnership with NYSE-listed DXC?
Supreme Court Signals Stop to Trump, Fed Shake-up
The Supreme Court on Wednesday signaled it is unlikely to let President Trump immediately remove Federal Reserve Governor Lisa Cook, with justices across the ideological spectrum warning that such a move could shatter the central bank’s long-standing independence.
Summary
During roughly two hours of argument, key justices questioned whether Trump’s unproven allegation that Cook engaged in mortgage fraud before joining the Fed rose to the level of “cause” required by law to fire a Fed governor.
The case has become a flashpoint in a broader clash over presidential power and monetary policy.
The dispute comes as the administration has escalated attacks on the central bank, including a Justice Department investigation into Fed Chair Jerome Powell
According to The New York Times, the argument spanned roughly two hours. During the back-and-forth, key justices questioned whether Trump’s unproven allegation that Cook engaged in mortgage fraud before joining the Fed rose to the level of “cause” required by law to fire a Fed governor.
Several suggested the case was premature, citing unresolved factual disputes and concerns that Cook had not been given adequate notice or a chance to respond. A ruling allowing her to remain in place for now would effectively freeze Trump’s efforts to reshape the Fed.
You might also like: Fact check: Can Donald Trump legally fire Fed Governor Lisa Cook?
The case has become a flashpoint in a broader clash over presidential power and monetary policy. While the court’s conservative majority has recently allowed Trump to oust leaders of other independent agencies, justices appeared wary of extending that logic to the Fed, which Congress deliberately insulated from politics to protect interest-rate setting and financial stability.
Justices Brett Kavanaugh and Amy Coney Barrett warned that accepting Trump’s position could open the door to presidents firing Fed officials “at will,” undermining confidence in the U.S. economy.
The dispute comes as the administration has escalated attacks on the central bank, including a Justice Department investigation into Fed Chair Jerome Powell, whom Trump has repeatedly criticized over interest rates.
Lower courts have already sided with Cook, finding that alleged private conduct before her appointment cannot justify removal. The Supreme Court is expected to rule in the coming weeks or months, a decision that could define how far presidents can go in exerting control over the nation’s most powerful economic institution.
Read more: Solana price forms rare bullish pattern as key network metrics soar
Summary
During roughly two hours of argument, key justices questioned whether Trump’s unproven allegation that Cook engaged in mortgage fraud before joining the Fed rose to the level of “cause” required by law to fire a Fed governor.
The case has become a flashpoint in a broader clash over presidential power and monetary policy.
The dispute comes as the administration has escalated attacks on the central bank, including a Justice Department investigation into Fed Chair Jerome Powell
According to The New York Times, the argument spanned roughly two hours. During the back-and-forth, key justices questioned whether Trump’s unproven allegation that Cook engaged in mortgage fraud before joining the Fed rose to the level of “cause” required by law to fire a Fed governor.
Several suggested the case was premature, citing unresolved factual disputes and concerns that Cook had not been given adequate notice or a chance to respond. A ruling allowing her to remain in place for now would effectively freeze Trump’s efforts to reshape the Fed.
You might also like: Fact check: Can Donald Trump legally fire Fed Governor Lisa Cook?
The case has become a flashpoint in a broader clash over presidential power and monetary policy. While the court’s conservative majority has recently allowed Trump to oust leaders of other independent agencies, justices appeared wary of extending that logic to the Fed, which Congress deliberately insulated from politics to protect interest-rate setting and financial stability.
Justices Brett Kavanaugh and Amy Coney Barrett warned that accepting Trump’s position could open the door to presidents firing Fed officials “at will,” undermining confidence in the U.S. economy.
The dispute comes as the administration has escalated attacks on the central bank, including a Justice Department investigation into Fed Chair Jerome Powell, whom Trump has repeatedly criticized over interest rates.
Lower courts have already sided with Cook, finding that alleged private conduct before her appointment cannot justify removal. The Supreme Court is expected to rule in the coming weeks or months, a decision that could define how far presidents can go in exerting control over the nation’s most powerful economic institution.
Read more: Solana price forms rare bullish pattern as key network metrics soar
Galaxy Digital to Launch $100M Hedge Fund With Upto 30% Crypto Exposure
Billionaire Mike Novogratz’s Galaxy Digital will launch a $100 million hedge fund that will invest in crypto tokens and financial services stocks.
Summary
The $100 million hedge fund is expected to launch in the first quarter of 2026.
Upto 30% will be allocated towards crypto tokens, while the remaining capitalwill be invested in financial services stocks.
The new hedge fund will launch sometime during the first quarter of 2026, a Jan. 21 Financial Times report noted, without specifying an exact date.
Galaxy remains bullish on crypto
According to the report, the hedge fund will invest up to 30% of its capital into various cryptocurrency tokens and the remainder across financial services stocks that it believes are likely to be impacted by shifts in digital asset technologies and regulation.
The hedge fund’s launch comes as Bitcoin has recently dropped over 28% from its all-time high hit in October 2025, but Galaxy Digital remains optimistic on Bitcoin and other major cryptocurrencies such as ETH and Solana, according to Joe Armao, head of the fund.
Armao did not specify which crypto tokens the hedge fund will make investments in, but said the hedge fund hopes to profit from identifying “winning and losing companies.”
You might also like: Crypto prices today (Jan. 21): BTC dips below $90K, BNB, XMR, PUMP slide amid U.S.-EU tariff tensions
Galaxy Digital will make a seed investment in the fund, but the exact nature or size of the allocation was not disclosed.
Sources familiar with the development told FT that the fund has secured investments from a mix of family offices, high-net-worth investors, and some larger institutions, with more commitments expected before launch.
Founded in 2018 by U.S. billionaire Mike Novogratz, Galaxy Digital is a financial services firm focused on the digital asset sector with over $17 billion worth of digital assets under management. Over the years, the company has backed several high-profile crypto startups such as Polygon and Fireblocks through its venture capital arm.
Last year, Galaxy Ventures Fund I LP announced it had raised close to $175 million and $180 million to invest in early-stage companies building infrastructure and financial tools for the crypto economy.
In October, Galaxy Digital expanded its U.S. offerings with the launch of GalaxyOne, a financial application that lets U.S. investors trade cryptocurrencies, access equities, and earn yields on digital and traditional assets.
Read more: Chainlink rolls out 24/5 on-chain data stream for U.S. stocks
Summary
The $100 million hedge fund is expected to launch in the first quarter of 2026.
Upto 30% will be allocated towards crypto tokens, while the remaining capitalwill be invested in financial services stocks.
The new hedge fund will launch sometime during the first quarter of 2026, a Jan. 21 Financial Times report noted, without specifying an exact date.
Galaxy remains bullish on crypto
According to the report, the hedge fund will invest up to 30% of its capital into various cryptocurrency tokens and the remainder across financial services stocks that it believes are likely to be impacted by shifts in digital asset technologies and regulation.
The hedge fund’s launch comes as Bitcoin has recently dropped over 28% from its all-time high hit in October 2025, but Galaxy Digital remains optimistic on Bitcoin and other major cryptocurrencies such as ETH and Solana, according to Joe Armao, head of the fund.
Armao did not specify which crypto tokens the hedge fund will make investments in, but said the hedge fund hopes to profit from identifying “winning and losing companies.”
You might also like: Crypto prices today (Jan. 21): BTC dips below $90K, BNB, XMR, PUMP slide amid U.S.-EU tariff tensions
Galaxy Digital will make a seed investment in the fund, but the exact nature or size of the allocation was not disclosed.
Sources familiar with the development told FT that the fund has secured investments from a mix of family offices, high-net-worth investors, and some larger institutions, with more commitments expected before launch.
Founded in 2018 by U.S. billionaire Mike Novogratz, Galaxy Digital is a financial services firm focused on the digital asset sector with over $17 billion worth of digital assets under management. Over the years, the company has backed several high-profile crypto startups such as Polygon and Fireblocks through its venture capital arm.
Last year, Galaxy Ventures Fund I LP announced it had raised close to $175 million and $180 million to invest in early-stage companies building infrastructure and financial tools for the crypto economy.
In October, Galaxy Digital expanded its U.S. offerings with the launch of GalaxyOne, a financial application that lets U.S. investors trade cryptocurrencies, access equities, and earn yields on digital and traditional assets.
Read more: Chainlink rolls out 24/5 on-chain data stream for U.S. stocks
Bitcoin Bulls Risk Further Pain As Peter Brandt Flags Bearish Channel
Veteran trader Peter Brandt warns Bitcoin’s bearish channel could trigger further downside unless strong buying breaks key resistance.
Summary
Veteran trader Peter Brandt flags a bearish, downward-sloping channel in Bitcoin near six-figure resistance.
He warns BTC could move into a lower price range if buying pressure stays weak, while stressing his forecasts can be wrong.
Bitcoin remains volatile amid macro and regulatory headwinds as analysts track key technical levels for its next major move.
Veteran trader Peter Brandt, who accurately predicted Bitcoin’s (BTC) 2018 decline, has issued a warning regarding potential downward price movement for the cryptocurrency, according to a chart shared on social media platform X.
58k to $62k is where I think it is going $BTCIf it does not go there I will NOT be ashamed, so I do not need to see you trolls screen shot this in the futureI am wrong 50% of the time. It does not bother me to be wrong pic.twitter.com/NDOuSrqLwa
— Peter Brandt (@PeterLBrandt) January 19, 2026
Brandt highlighted key resistance levels for Bitcoin near the six-figure price point in his analysis. The trader indicated that Bitcoin remains within a bearish, downward-sloping channel pattern, according to his post.
Peter Brandt says Bitcoin has lower to go
The analysis suggested that without strong buying pressure, Bitcoin could experience additional downward movement. Brandt stated that the price could move to a lower range, while acknowledging uncertainty in market predictions.
Brandt, who has decades of trading experience, noted in his post that his forecasts are not always accurate, stating he would not be ashamed if proven incorrect.
You might also like: Coinbase CEO Brian Armstrong to meet with banking executives regarding market structure bill
Bitcoin has faced increased volatility in recent months as the cryptocurrency market responds to various macroeconomic factors and regulatory developments. The digital asset previously reached all-time highs before experiencing significant price fluctuations.
Market analysts continue to monitor key technical levels and trading patterns as investors assess the cryptocurrency’s near-term trajectory.
Read more: Zero Knowledge Proof launches 450-day presale auction with time-based pricing structure
Summary
Veteran trader Peter Brandt flags a bearish, downward-sloping channel in Bitcoin near six-figure resistance.
He warns BTC could move into a lower price range if buying pressure stays weak, while stressing his forecasts can be wrong.
Bitcoin remains volatile amid macro and regulatory headwinds as analysts track key technical levels for its next major move.
Veteran trader Peter Brandt, who accurately predicted Bitcoin’s (BTC) 2018 decline, has issued a warning regarding potential downward price movement for the cryptocurrency, according to a chart shared on social media platform X.
58k to $62k is where I think it is going $BTCIf it does not go there I will NOT be ashamed, so I do not need to see you trolls screen shot this in the futureI am wrong 50% of the time. It does not bother me to be wrong pic.twitter.com/NDOuSrqLwa
— Peter Brandt (@PeterLBrandt) January 19, 2026
Brandt highlighted key resistance levels for Bitcoin near the six-figure price point in his analysis. The trader indicated that Bitcoin remains within a bearish, downward-sloping channel pattern, according to his post.
Peter Brandt says Bitcoin has lower to go
The analysis suggested that without strong buying pressure, Bitcoin could experience additional downward movement. Brandt stated that the price could move to a lower range, while acknowledging uncertainty in market predictions.
Brandt, who has decades of trading experience, noted in his post that his forecasts are not always accurate, stating he would not be ashamed if proven incorrect.
You might also like: Coinbase CEO Brian Armstrong to meet with banking executives regarding market structure bill
Bitcoin has faced increased volatility in recent months as the cryptocurrency market responds to various macroeconomic factors and regulatory developments. The digital asset previously reached all-time highs before experiencing significant price fluctuations.
Market analysts continue to monitor key technical levels and trading patterns as investors assess the cryptocurrency’s near-term trajectory.
Read more: Zero Knowledge Proof launches 450-day presale auction with time-based pricing structure
Is Pi Network Price Headed Towards a New All-time Low As Key Metrics Decline?
Pi Network price has lost a key support level after weeks of consolidation, opening the token to further downside and a potential drop to a new all-time low.
Summary
Pi Network price has lost the $0.20 multi-week support level on Monday.
Declining trading volume combined with consistent token unlocks continues to exert selling pressure on prices.
Multiple bearish patterns paint a negative outlook for PI token.
According to data from crypto.news, the Pi Network (PI) price fell below the $0.20 support level on Monday after consolidating within the $0.20 to $0.22 range for over five weeks. Trading at $0.19 at press time, the altcoin is currently down 93.5% from its all-time high, reached last February, and remains just 13% above its record low of $0.17, reached in October.
Losing this key technical support level puts the token at risk of further downside, especially as several key network metrics have dropped.
For instance, Pi Network’s daily trading volume has plummeted to $18.5 million, a figure that is significantly low when compared to when it was launched back in February last year. This goes to show that demand for the project has significantly dropped.
You might also like: Pendle price eyes breakout above $2.35 resistance as new staking model goes live
Meanwhile, as its trading volume has dropped, PI coin’s circulating supply has continued to increase, with over 4.6 million tokens entering the market each day. Further, data from PiScan shows that 55.8 million tokens are still scheduled to unlock by the end of this month, with over a billion tokens expected to hit the market in the next 12 months.
Such consistent token unlocks without sufficient demand to absorb could introduce significant inflationary pressure on the token, especially given the lack of bullish news or developments from the project team since the beginning of 2026.
At the same time, data from PiScan shows that the number of PI whales, defined as investors who hold more than 10 million PI tokens and often soak up market supply, has consistently dropped since the start of the year.
Whales exiting the market can also stir panic among smaller investors, which is likely what Pi coin is going through recently. Without a significant shift in market sentiment, the token remains vulnerable to a potential drop toward a new all-time low.
Pi Network analysis
On the daily chart, the PI token has formed a very bearish setup with multiple bearish patterns and technical signals highly suggesting the token could be up for major downside in the coming days.
It had a bearish breakdown from a rising wedge, a typical technical formation that has often been the precursor to a bearish reversal in trend. Furthermore, the Pi token price has also formed a double top pattern, another bearish pattern that has historically also been followed by sustained downside.
Pi Network price has formed multiple bearish patterns on the daily chart — Jan. 20 | Source: crypto.news
Additionally, PI has also lost the last layer of defense at the $0.192 to $0.196 range, which means there remains no support level for the price to lean on in its current trajectory. On top of this, the MACD lines were pointing downwards, while the RSI formed a bearish divergence.
As such, the Pi Network token is at a risk of dropping to its all-time low of $0.1534, which it fell to in October last year. If selling pressure continues to last with no major move by the project development team, a new all-time low could be in play.
Read more: MegaETH mainnet to launch January 22 with global stress test
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Summary
Pi Network price has lost the $0.20 multi-week support level on Monday.
Declining trading volume combined with consistent token unlocks continues to exert selling pressure on prices.
Multiple bearish patterns paint a negative outlook for PI token.
According to data from crypto.news, the Pi Network (PI) price fell below the $0.20 support level on Monday after consolidating within the $0.20 to $0.22 range for over five weeks. Trading at $0.19 at press time, the altcoin is currently down 93.5% from its all-time high, reached last February, and remains just 13% above its record low of $0.17, reached in October.
Losing this key technical support level puts the token at risk of further downside, especially as several key network metrics have dropped.
For instance, Pi Network’s daily trading volume has plummeted to $18.5 million, a figure that is significantly low when compared to when it was launched back in February last year. This goes to show that demand for the project has significantly dropped.
You might also like: Pendle price eyes breakout above $2.35 resistance as new staking model goes live
Meanwhile, as its trading volume has dropped, PI coin’s circulating supply has continued to increase, with over 4.6 million tokens entering the market each day. Further, data from PiScan shows that 55.8 million tokens are still scheduled to unlock by the end of this month, with over a billion tokens expected to hit the market in the next 12 months.
Such consistent token unlocks without sufficient demand to absorb could introduce significant inflationary pressure on the token, especially given the lack of bullish news or developments from the project team since the beginning of 2026.
At the same time, data from PiScan shows that the number of PI whales, defined as investors who hold more than 10 million PI tokens and often soak up market supply, has consistently dropped since the start of the year.
Whales exiting the market can also stir panic among smaller investors, which is likely what Pi coin is going through recently. Without a significant shift in market sentiment, the token remains vulnerable to a potential drop toward a new all-time low.
Pi Network analysis
On the daily chart, the PI token has formed a very bearish setup with multiple bearish patterns and technical signals highly suggesting the token could be up for major downside in the coming days.
It had a bearish breakdown from a rising wedge, a typical technical formation that has often been the precursor to a bearish reversal in trend. Furthermore, the Pi token price has also formed a double top pattern, another bearish pattern that has historically also been followed by sustained downside.
Pi Network price has formed multiple bearish patterns on the daily chart — Jan. 20 | Source: crypto.news
Additionally, PI has also lost the last layer of defense at the $0.192 to $0.196 range, which means there remains no support level for the price to lean on in its current trajectory. On top of this, the MACD lines were pointing downwards, while the RSI formed a bearish divergence.
As such, the Pi Network token is at a risk of dropping to its all-time low of $0.1534, which it fell to in October last year. If selling pressure continues to last with no major move by the project development team, a new all-time low could be in play.
Read more: MegaETH mainnet to launch January 22 with global stress test
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
NYSE Wants to Go 24/7: Big Board Plans Blockchain Venue for Tokenized Stocks
The New York Stock Exchange (NYSE) is building a blockchain-based trading venue that would allow investors to buy and sell tokenized stocks and exchange-traded funds around the clock, marking the latest push by Wall Street’s biggest exchange into digital markets.
Summary
NYSE plans a blockchain-based venue to trade tokenized stocks and ETFs 24/7, using its existing matching technology combined with private blockchain networks, pending SEC approval.
The platform would enable real-time funding and settlement, eliminating the one-day delay in traditional equity markets and catering to growing retail demand for always-on trading.
The move intensifies competition with Nasdaq and advances tokenization, potentially reshaping how U.S. securities are issued, traded and settled if regulators sign off.
NYSE, owned by Intercontinental Exchange Inc., plans to combine its existing order-matching technology with private blockchain networks to enable real-time trading, funding and settlement of tokenized securities, according to executives. The exchange is aiming to launch the new digital platform later this year, pending approval from the U.S. Securities and Exchange Commission.
Michael Blaugrund, vice president of strategic initiatives at ICE, told Bloomberg that the move allows for new types of investor accessibility and creates “new opportunities for retail to participate in the stablecoin-funded markets that have attracted their attention.”
Unlike traditional equity markets, where trades typically settle the following day, the proposed venue would allow transactions to be funded and settled in real time. That infrastructure, Blaugrund said, is designed to meet growing investor demand for markets that never close.
Tokenized securities are digital representations of stocks or funds recorded on a blockchain rather than held in conventional brokerage accounts. Proponents argue that tokenization could deepen liquidity, enable fractional ownership and broaden access to U.S. markets by allowing trading at any hour of the day.
NYSE’s initiative goes beyond extended trading hours and touches on more foundational questions about how securities are defined, issued and settled—issues that could determine whether tokenization becomes embedded in the plumbing of Wall Street. NYSE is the largest equities exchange operator in the U.S. by trading volume.
SEC green light still needed
The exchange is in active discussions with the SEC as it seeks permission to operate the new platform, Blaugrund said. Regulators’ response will be closely watched across the industry as traditional exchanges and digital-asset firms alike push for clearer rules around tokenized assets.
The move also puts NYSE in closer competition with Nasdaq, which in September asked regulators to allow tokenized versions of stocks to trade on its public exchange. Nasdaq proposed that tokenized securities follow the same execution and disclosure rules as their underlying shares and be clearly labeled as tokenized assets.
NYSE has already taken steps toward longer trading days. Its Arca equities venue has outlined plans to offer trading for 22 hours on weekdays, a proposal that received initial SEC approval in February, subject to upgrades to market data feeds.
The new digital venue could represent another step toward non-stop trading, while helping bridge traditional financial markets and blockchain-based infrastructure. ICE is also exploring new clearing systems to support 24/7 trading and working with banks on tokenized deposits that could allow money to move outside traditional banking hours.
Skeptics caution that while the technology may change, the underlying risks tied to lending, leverage and market volatility remain the same—and that widespread adoption will depend on winning over regulators, institutional investors and market participants wary of operational and systemic risks.
Still, if approved, NYSE’s blockchain venue would mark one of the most significant moves yet by a major U.S. exchange to bring tokenization into the heart of Wall Street—and closer to a future where markets never sleep.
Read more: Solana price forms rare bullish pattern as key network metrics soar
Summary
NYSE plans a blockchain-based venue to trade tokenized stocks and ETFs 24/7, using its existing matching technology combined with private blockchain networks, pending SEC approval.
The platform would enable real-time funding and settlement, eliminating the one-day delay in traditional equity markets and catering to growing retail demand for always-on trading.
The move intensifies competition with Nasdaq and advances tokenization, potentially reshaping how U.S. securities are issued, traded and settled if regulators sign off.
NYSE, owned by Intercontinental Exchange Inc., plans to combine its existing order-matching technology with private blockchain networks to enable real-time trading, funding and settlement of tokenized securities, according to executives. The exchange is aiming to launch the new digital platform later this year, pending approval from the U.S. Securities and Exchange Commission.
Michael Blaugrund, vice president of strategic initiatives at ICE, told Bloomberg that the move allows for new types of investor accessibility and creates “new opportunities for retail to participate in the stablecoin-funded markets that have attracted their attention.”
Unlike traditional equity markets, where trades typically settle the following day, the proposed venue would allow transactions to be funded and settled in real time. That infrastructure, Blaugrund said, is designed to meet growing investor demand for markets that never close.
Tokenized securities are digital representations of stocks or funds recorded on a blockchain rather than held in conventional brokerage accounts. Proponents argue that tokenization could deepen liquidity, enable fractional ownership and broaden access to U.S. markets by allowing trading at any hour of the day.
NYSE’s initiative goes beyond extended trading hours and touches on more foundational questions about how securities are defined, issued and settled—issues that could determine whether tokenization becomes embedded in the plumbing of Wall Street. NYSE is the largest equities exchange operator in the U.S. by trading volume.
SEC green light still needed
The exchange is in active discussions with the SEC as it seeks permission to operate the new platform, Blaugrund said. Regulators’ response will be closely watched across the industry as traditional exchanges and digital-asset firms alike push for clearer rules around tokenized assets.
The move also puts NYSE in closer competition with Nasdaq, which in September asked regulators to allow tokenized versions of stocks to trade on its public exchange. Nasdaq proposed that tokenized securities follow the same execution and disclosure rules as their underlying shares and be clearly labeled as tokenized assets.
NYSE has already taken steps toward longer trading days. Its Arca equities venue has outlined plans to offer trading for 22 hours on weekdays, a proposal that received initial SEC approval in February, subject to upgrades to market data feeds.
The new digital venue could represent another step toward non-stop trading, while helping bridge traditional financial markets and blockchain-based infrastructure. ICE is also exploring new clearing systems to support 24/7 trading and working with banks on tokenized deposits that could allow money to move outside traditional banking hours.
Skeptics caution that while the technology may change, the underlying risks tied to lending, leverage and market volatility remain the same—and that widespread adoption will depend on winning over regulators, institutional investors and market participants wary of operational and systemic risks.
Still, if approved, NYSE’s blockchain venue would mark one of the most significant moves yet by a major U.S. exchange to bring tokenization into the heart of Wall Street—and closer to a future where markets never sleep.
Read more: Solana price forms rare bullish pattern as key network metrics soar
Pi Network Bulls Tested As Token Sinks on Volatility and 4.6M Daily Unlocks
Pi Network’s PI slumps toward its October low as US-EU trade tensions spike and over 4.6M daily unlocks fuel mounting selling pressure.
Summary
Pi Network’s PI dropped sharply in 12 hours, trading near its October all-time low after a long period of stagnation.
The slide followed new US tariffs that escalated trade tensions with the EU and rattled global markets when Asia opened.
Heavy daily token unlocks above 4.6M PI continue to add selling pressure and raise concerns about further downside.
Pi (PI) Network’s native token declined sharply over a 12-hour period, approaching its October all-time low after weeks of price stagnation, according to market data.
PI is trading around 0.189 USD, down roughly 7–8% over the last 24 hours.
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The cryptocurrency’s decline coincided with broader market volatility triggered by escalating trade tensions between the United States and the European Union. The U.S. President announced a new set of tariffs against eight countries as part of efforts to purchase Greenland from Denmark, according to official statements.
The European Union responded by convening an emergency meeting. French President Emmanuel Macron called for the union to deploy a “trade bazooka” that would substantially restrict U.S. access to European markets, according to reports.
Cryptocurrency markets initially remained stable as these geopolitical developments unfolded, but declined when Asian stock markets and futures opened, market data showed. The Pi token, which had avoided volatility during previous market fluctuations, experienced significant losses during this episode.
The token did not participate in the early January rally when Bitcoin surged and numerous altcoins posted double-digit percentage gains, according to price data.
Token unlock schedules may contribute to price instability, according to industry analysts. Data from PiScanUnlock indicates that the average number of daily token unlocks exceeds 4.6 million, which could create selling pressure as investors gain access to previously locked coins.
The Pi Network token reached its previous all-time low in October, according to historical price records.
Read more: Solana Labs CEO questions Vitalik Buterin’s long-term blockchain thesis
Summary
Pi Network’s PI dropped sharply in 12 hours, trading near its October all-time low after a long period of stagnation.
The slide followed new US tariffs that escalated trade tensions with the EU and rattled global markets when Asia opened.
Heavy daily token unlocks above 4.6M PI continue to add selling pressure and raise concerns about further downside.
Pi (PI) Network’s native token declined sharply over a 12-hour period, approaching its October all-time low after weeks of price stagnation, according to market data.
PI is trading around 0.189 USD, down roughly 7–8% over the last 24 hours.
You might also like: Crypto prices today (Jan. 19): BTC, LINK, SUI, HBAR dip amid EU tariff concerns
The cryptocurrency’s decline coincided with broader market volatility triggered by escalating trade tensions between the United States and the European Union. The U.S. President announced a new set of tariffs against eight countries as part of efforts to purchase Greenland from Denmark, according to official statements.
The European Union responded by convening an emergency meeting. French President Emmanuel Macron called for the union to deploy a “trade bazooka” that would substantially restrict U.S. access to European markets, according to reports.
Cryptocurrency markets initially remained stable as these geopolitical developments unfolded, but declined when Asian stock markets and futures opened, market data showed. The Pi token, which had avoided volatility during previous market fluctuations, experienced significant losses during this episode.
The token did not participate in the early January rally when Bitcoin surged and numerous altcoins posted double-digit percentage gains, according to price data.
Token unlock schedules may contribute to price instability, according to industry analysts. Data from PiScanUnlock indicates that the average number of daily token unlocks exceeds 4.6 million, which could create selling pressure as investors gain access to previously locked coins.
The Pi Network token reached its previous all-time low in October, according to historical price records.
Read more: Solana Labs CEO questions Vitalik Buterin’s long-term blockchain thesis
Pi Network Price Remains Calm: Will It Rebound or Crash?
Pi Network price has gone horizontal in the past four weeks as demand has remained weak and supply has continued rising.
Summary
Pi Network price is stuck in a narrow range this year.
Demand for the token has waned, with the 24-hour volume falling to $7 million.
The token has formed a rising wedge pattern, pointing to a bearish breakdown.
Pi Coin (PI) value has been stuck at $0.2050, a key level that coincides with the lowest point in November. It has dropped by over 90% from its highest point in 2025.
The ongoing weakness has coincided with low volume, with the 24-hour figure falling to $7 million. Its volume was much lower, considering that the entire crypto market had a $60 billion volume in the same period. It is also a tiny amount for a cryptocurrency with a market capitalization of over $1.7 billion m
At the same time, the coin’s supply has continued rising because of its daily token unlocks. It is unlocking over 100 million tokens this month and 1.2 billion in the next 12 months.
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More data shows that the number of whales in the network has dropped to 20 from 23 earlier this year. A Pi Network whale is defined as a user who holds tokens worth over $10 million. The biggest whale, however, has continued to accumulate the token and now holds over 393 million tokens worth over $80 million.
Pi Network price has also wavered as the news drought continues. The team has not made any significant market-moving announcement this year. The only news came out on January 10 when they launched a new developer library that enables Pi payments to be integrated into Pi apps easily.
Pi Network price technical analysis
Pi Coin price chart | Source: crypto.news
The daily timeframe chart shows that the Pi Coin price has moved sideways in the past few weeks. As a result, the Average True Range indicator has dropped, a sign that it has low volatility
The token has remained below the 50-day Exponential Moving Average and the Supertrend indicator. Most importantly, it has formed a rising wedge pattern, which is made up of two ascending and converging trendlines.
The token has also formed a bearish pennant pattern. Therefore, the most likely scenario is where it suffers a big bearish breakdown in the next few days as sellers target the all-time low of $0.1534, which it fell to in October last year.
On the other hand, a move above the resistance level at $0.2250 will invalidate the bearish outlook.
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Summary
Pi Network price is stuck in a narrow range this year.
Demand for the token has waned, with the 24-hour volume falling to $7 million.
The token has formed a rising wedge pattern, pointing to a bearish breakdown.
Pi Coin (PI) value has been stuck at $0.2050, a key level that coincides with the lowest point in November. It has dropped by over 90% from its highest point in 2025.
The ongoing weakness has coincided with low volume, with the 24-hour figure falling to $7 million. Its volume was much lower, considering that the entire crypto market had a $60 billion volume in the same period. It is also a tiny amount for a cryptocurrency with a market capitalization of over $1.7 billion m
At the same time, the coin’s supply has continued rising because of its daily token unlocks. It is unlocking over 100 million tokens this month and 1.2 billion in the next 12 months.
You might also like: Crypto VC Funding: Alpaca and LMAX Group each raise $150 million
More data shows that the number of whales in the network has dropped to 20 from 23 earlier this year. A Pi Network whale is defined as a user who holds tokens worth over $10 million. The biggest whale, however, has continued to accumulate the token and now holds over 393 million tokens worth over $80 million.
Pi Network price has also wavered as the news drought continues. The team has not made any significant market-moving announcement this year. The only news came out on January 10 when they launched a new developer library that enables Pi payments to be integrated into Pi apps easily.
Pi Network price technical analysis
Pi Coin price chart | Source: crypto.news
The daily timeframe chart shows that the Pi Coin price has moved sideways in the past few weeks. As a result, the Average True Range indicator has dropped, a sign that it has low volatility
The token has remained below the 50-day Exponential Moving Average and the Supertrend indicator. Most importantly, it has formed a rising wedge pattern, which is made up of two ascending and converging trendlines.
The token has also formed a bearish pennant pattern. Therefore, the most likely scenario is where it suffers a big bearish breakdown in the next few days as sellers target the all-time low of $0.1534, which it fell to in October last year.
On the other hand, a move above the resistance level at $0.2250 will invalidate the bearish outlook.
You might also like: XRP charts signal bullish divergence can; Ripple aims to reignite market confidence and lead a new altcoin cycle
Monero Price Eyes $930 As Fibonacci Extension Breakout Continues
Monero price remains in a blue-sky breakout after clearing the $670 Fibonacci extension, with strong momentum keeping the next upside target near $930 in focus.
Summary
$670: reclaimed extension level now acting as support
$930–$939: next Fibonacci extension target zone (2.618 extension)
Volume: should remain elevated to confirm continuation strength
Monero (XMR) price continues to trade in a powerful breakout structure, with price action holding firm in what can be described as a blue-sky breakout environment. In this type of market condition, upside resistance becomes limited because the asset is trading into areas where it has not recently formed major consolidation zones.
As a result, Fibonacci extension targets often become the most reliable technical reference points for tracking upside continuation.
Monero price key technical points
XMR remains in blue-sky breakout conditions, limiting overhead resistance
Price reclaimed and closed above the $670 (0.618 extension) level
Next upside Fibonacci target sits near $930–$939 (2.618 extension)
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XMRUSDT (2D) Chart, Source: TradingView
Blue-sky breakouts are typically defined by two key characteristics: strong upward momentum and limited historical resistance overhead. When an asset breaks above key levels and begins trading into fresh territory, price can accelerate quickly because there are fewer sellers positioned at those levels, and liquidity becomes thinner.
For Monero, this breakout structure remains healthy as long as price holds above major extension levels on a closing basis. In bullish continuation phases, the market often pauses briefly at key Fibonacci extensions, consolidates, and then continues higher once the level is accepted. This sequence is currently evident in XMR’s recent behavior.
The ability to push beyond the initial extension and maintain higher price acceptance indicates that buyers are still in control and that demand has not been exhausted.
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$670 reclaim confirms acceptance above the 0.618 extension
The first major Fibonacci extension target near $670 acted as a key checkpoint for the breakout. After reaching this level, the price briefly consolidated, which is a normal and healthy behavior during trend continuation. Rather than rejecting sharply, Monero stabilized and then pushed higher, confirming that the market accepted the level as support.
The most important detail is that XMR has now closed above $670 on multiple daily candles. Daily closes are a strong confirmation signal because they reflect sustained participation over longer time frames. This reduces the likelihood that the breakout was simply an intraday liquidity spike or a temporary overextension.
By closing above the extension level, Monero effectively flipped $670 into a structural support zone, increasing the probability that price continues trending higher rather than rotating back into the prior range.
Next fibonacci target: $930 to $939 comes into focus
With the $670 extension level now reclaimed, Monero’s next major upside target is the $930 region, with the broader objective aligning near $939, which corresponds to the 2.618 Fibonacci extension.
This target becomes relevant because Fibonacci extensions often act as upside magnets in breakout conditions. When price is in discovery mode, extension levels provide structured targets where traders expect either continuation pauses or profit-taking zones.
The move from $670 to $930 is a significant leg, but in blue-sky breakout conditions, price can travel quickly between targets if momentum remains strong and volume supports continuation.
Importantly, until price reaches the $930–$939 area, there is limited overhead structure to act as major resistance, which supports the idea of continued breakout expansion.
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Volume influx supports breakout continuation
Volume remains one of the most important indicators for validating whether a breakout is sustainable. In strong bullish breakouts, volume typically expands during impulsive legs and remains stable during consolidation phases. This signals that demand is still present and that buyers are willing to transact at higher prices.
Monero’s breakout continues to look constructive because the move higher has been supported by strong volume inflows, signaling ongoing market participation. Healthy volume during expansion helps reduce the risk of a failed breakout and increases the probability that price continues to chase higher extension targets.
If volume remains elevated as price approaches the next Fibonacci objective, it would reinforce the bullish trend and support the probability of continuation beyond the $930 region.
What to expect in the coming price action
Monero remains in a technically strong breakout environment, with price holding above the $670 extension level and momentum still pointing higher. As long as daily closes remain above reclaimed support and volume stays constructive, the probability favors continuation toward the next Fibonacci extension target near $930 to $939.
In the near term, traders should monitor whether XMR continues to maintain breakout structure without heavy rejection. Any brief consolidation below $930 would be normal, but sustained acceptance and strong follow-through would confirm that the breakout remains active.
Read more: Stablecoin rails give Interactive Brokers 24/7 funding edge with USDC, RLUSD, PYUSD
Summary
$670: reclaimed extension level now acting as support
$930–$939: next Fibonacci extension target zone (2.618 extension)
Volume: should remain elevated to confirm continuation strength
Monero (XMR) price continues to trade in a powerful breakout structure, with price action holding firm in what can be described as a blue-sky breakout environment. In this type of market condition, upside resistance becomes limited because the asset is trading into areas where it has not recently formed major consolidation zones.
As a result, Fibonacci extension targets often become the most reliable technical reference points for tracking upside continuation.
Monero price key technical points
XMR remains in blue-sky breakout conditions, limiting overhead resistance
Price reclaimed and closed above the $670 (0.618 extension) level
Next upside Fibonacci target sits near $930–$939 (2.618 extension)
You might also like: CME bets on altcoins as Cardano, Chainlink and Stellar futures go live Feb. 9
XMRUSDT (2D) Chart, Source: TradingView
Blue-sky breakouts are typically defined by two key characteristics: strong upward momentum and limited historical resistance overhead. When an asset breaks above key levels and begins trading into fresh territory, price can accelerate quickly because there are fewer sellers positioned at those levels, and liquidity becomes thinner.
For Monero, this breakout structure remains healthy as long as price holds above major extension levels on a closing basis. In bullish continuation phases, the market often pauses briefly at key Fibonacci extensions, consolidates, and then continues higher once the level is accepted. This sequence is currently evident in XMR’s recent behavior.
The ability to push beyond the initial extension and maintain higher price acceptance indicates that buyers are still in control and that demand has not been exhausted.
You might also like: Foreign exchanges face Google Play lockout under South Korea’s VASP rules
$670 reclaim confirms acceptance above the 0.618 extension
The first major Fibonacci extension target near $670 acted as a key checkpoint for the breakout. After reaching this level, the price briefly consolidated, which is a normal and healthy behavior during trend continuation. Rather than rejecting sharply, Monero stabilized and then pushed higher, confirming that the market accepted the level as support.
The most important detail is that XMR has now closed above $670 on multiple daily candles. Daily closes are a strong confirmation signal because they reflect sustained participation over longer time frames. This reduces the likelihood that the breakout was simply an intraday liquidity spike or a temporary overextension.
By closing above the extension level, Monero effectively flipped $670 into a structural support zone, increasing the probability that price continues trending higher rather than rotating back into the prior range.
Next fibonacci target: $930 to $939 comes into focus
With the $670 extension level now reclaimed, Monero’s next major upside target is the $930 region, with the broader objective aligning near $939, which corresponds to the 2.618 Fibonacci extension.
This target becomes relevant because Fibonacci extensions often act as upside magnets in breakout conditions. When price is in discovery mode, extension levels provide structured targets where traders expect either continuation pauses or profit-taking zones.
The move from $670 to $930 is a significant leg, but in blue-sky breakout conditions, price can travel quickly between targets if momentum remains strong and volume supports continuation.
Importantly, until price reaches the $930–$939 area, there is limited overhead structure to act as major resistance, which supports the idea of continued breakout expansion.
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Volume influx supports breakout continuation
Volume remains one of the most important indicators for validating whether a breakout is sustainable. In strong bullish breakouts, volume typically expands during impulsive legs and remains stable during consolidation phases. This signals that demand is still present and that buyers are willing to transact at higher prices.
Monero’s breakout continues to look constructive because the move higher has been supported by strong volume inflows, signaling ongoing market participation. Healthy volume during expansion helps reduce the risk of a failed breakout and increases the probability that price continues to chase higher extension targets.
If volume remains elevated as price approaches the next Fibonacci objective, it would reinforce the bullish trend and support the probability of continuation beyond the $930 region.
What to expect in the coming price action
Monero remains in a technically strong breakout environment, with price holding above the $670 extension level and momentum still pointing higher. As long as daily closes remain above reclaimed support and volume stays constructive, the probability favors continuation toward the next Fibonacci extension target near $930 to $939.
In the near term, traders should monitor whether XMR continues to maintain breakout structure without heavy rejection. Any brief consolidation below $930 would be normal, but sustained acceptance and strong follow-through would confirm that the breakout remains active.
Read more: Stablecoin rails give Interactive Brokers 24/7 funding edge with USDC, RLUSD, PYUSD
Sui Blames Consensus Bug for Jan. 14 Six-hour Network Outage
Sui has published a post-mortem explaining the six-hour network outage on Jan. 14, confirming a consensus bug halted activity but user funds were safe.
Summary
Sui confirmed a consensus divergence among validators caused its Jan. 14 mainnet outage.
The network halted for about six hours while safety mechanisms prevented inconsistent state.
Validators deployed a fix and fully restored normal operations later the same day.
Sui has published a post-mortem detailing the cause of the network outage that disrupted mainnet activity on Jan. 14, 2026, temporarily stopping transactions and checkpoint certification across the blockchain.
In a blog post published on Jan. 16, the team said the issue was caused by a divergence in internal consensus among validators. It stressed that the interruption was not linked to heavy network usage, external attacks, or security breaches, and that user funds remained safe throughout the incident.
What went wrong
According to Sui (SUI), an edge-case bug in the way consensus commits were processed caused validators to reach different conclusions when handling certain conflicting transactions. As a result, validators began producing different checkpoint candidates, making it impossible to reach the stake-weighted agreement required to certify a new checkpoint.
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When validators detected that a significant portion of the stake was signing conflicting checkpoint data, the network halted by design. This pause prevented an inconsistent state from being finalized, even though it meant block production and transaction execution stopped.
Transaction submissions timed out during the outage, but read-only queries kept serving the final certified state.
On-chain activity was halted and an estimated $1 billion in value remained temporarily inactive during the roughly six-hour disruption. No certified transactions were reversed, nor did forks take place despite the halt.
Recovery and improvements
Recovery began once the root cause was identified. Validators removed the incorrect consensus data, applied a fix to the commit logic, and replayed the chain from the point of divergence.
After a successful canary deployment by Mysten Labs validators, the wider validator set upgraded and resumed checkpoint signing, allowing the network to return to normal operation later that day.
Sui said the incident confirmed that its safety-first design worked as intended by prioritizing consistency over uptime. At the same time, the team acknowledged the need to shorten recovery times.
Improved automation for validator operations, increased testing to identify similar consensus edge cases before they reach the mainnet, and early detection of checkpoint inconsistencies are among the planned changes.
Following a brief incident in late 2024, the Jan. 14 outage was the second major disruption on Sui since its launch in 2023. SUI’s price saw limited volatility, suggesting the market largely viewed the issue as operational rather than structural.
Read more: Rotating capital eyes altcoins from Solana to Sui in early cycle shift
Summary
Sui confirmed a consensus divergence among validators caused its Jan. 14 mainnet outage.
The network halted for about six hours while safety mechanisms prevented inconsistent state.
Validators deployed a fix and fully restored normal operations later the same day.
Sui has published a post-mortem detailing the cause of the network outage that disrupted mainnet activity on Jan. 14, 2026, temporarily stopping transactions and checkpoint certification across the blockchain.
In a blog post published on Jan. 16, the team said the issue was caused by a divergence in internal consensus among validators. It stressed that the interruption was not linked to heavy network usage, external attacks, or security breaches, and that user funds remained safe throughout the incident.
What went wrong
According to Sui (SUI), an edge-case bug in the way consensus commits were processed caused validators to reach different conclusions when handling certain conflicting transactions. As a result, validators began producing different checkpoint candidates, making it impossible to reach the stake-weighted agreement required to certify a new checkpoint.
You might also like: 21Shares launches first leveraged SUI ETF on Nasdaq following SEC approval
When validators detected that a significant portion of the stake was signing conflicting checkpoint data, the network halted by design. This pause prevented an inconsistent state from being finalized, even though it meant block production and transaction execution stopped.
Transaction submissions timed out during the outage, but read-only queries kept serving the final certified state.
On-chain activity was halted and an estimated $1 billion in value remained temporarily inactive during the roughly six-hour disruption. No certified transactions were reversed, nor did forks take place despite the halt.
Recovery and improvements
Recovery began once the root cause was identified. Validators removed the incorrect consensus data, applied a fix to the commit logic, and replayed the chain from the point of divergence.
After a successful canary deployment by Mysten Labs validators, the wider validator set upgraded and resumed checkpoint signing, allowing the network to return to normal operation later that day.
Sui said the incident confirmed that its safety-first design worked as intended by prioritizing consistency over uptime. At the same time, the team acknowledged the need to shorten recovery times.
Improved automation for validator operations, increased testing to identify similar consensus edge cases before they reach the mainnet, and early detection of checkpoint inconsistencies are among the planned changes.
Following a brief incident in late 2024, the Jan. 14 outage was the second major disruption on Sui since its launch in 2023. SUI’s price saw limited volatility, suggesting the market largely viewed the issue as operational rather than structural.
Read more: Rotating capital eyes altcoins from Solana to Sui in early cycle shift
Pi Network Price Compresses Into Triangle Apex As Breakout Nears
Pi Network price is compressing into a triangle apex above $0.20 support, with key confluence levels holding and breakout conditions developing as volatility tightens.
Summary
Pi is tightening into a triangle apex, signaling a decisive move ahead
$0.20 support aligns with VAL + POC, strengthening the base
Breakout targets value area high and $0.25 resistance with volume confirmation
Pi Network’s (PI) current price action is constructive behavior as the market continues to compress into the apex of a triangle formation. This structure reflects a period of tightening volatility where price becomes increasingly constrained between converging support and resistance.
As price trades deeper into the apex, the probability of a directional breakout rises, making the current region a key decision point for the next move.
Pi Network price key technical points
Pi is compressing into a triangle apex above major support at $0.20
$0.20 aligns with the value area low and the Point of Control, strengthening the base
Holding support keeps breakout potential active toward $0.25 resistance and the value area high
PIUSDT (4H) Chart, Source: TradingView
Triangle structures typically form when a market enters balance and volatility begins to contract. As price swings become smaller and tighter, the market builds pressure that eventually resolves through expansion. The closer price gets to the apex of the triangle, the less room there is for sideways trading, and the more likely a breakout becomes.
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In Pi Network’s case, price is compressing near an equilibrium zone where buyers and sellers are competing for control, but the declining volatility suggests that a decision is approaching. This does not guarantee direction on its own, but it increases the probability of a move that is both impulsive and sustained once the apex resolves.
Breakouts that occur late in triangle formations often lead to stronger follow-through, as the market has spent more time compressing and building liquidity for expansion.
Accumulation characteristics and structural base formation
Another important factor is that the $0.20 zone aligns with a broader accumulation region. Pi has traded within this area for an extended period over the past several months, indicating that significant volume has transacted here and value has been established.
Markets that spend extended time consolidating at support often build strong bases. These bases create conditions where price can transition from balance into expansion once demand begins to outweigh supply. In Pi’s current case, the triangle formation appears to be acting as the final compression phase of that broader accumulation process.
If the market is indeed transitioning from accumulation into expansion, a bullish breakout from the triangle would represent a structural turning point and signal that Pi is shifting into a higher-value price regime.
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Volume will decide the quality of the breakout
While the structure is constructive, volume remains the key factor determining whether a breakout is genuine. A true breakout should be supported by strong bullish volume expansion, showing that buyers are participating aggressively rather than the price simply drifting higher.
Without volume confirmation, breakouts are more likely to fail, leading to false moves and a return into the triangle range. A volume-backed breakout, on the other hand, increases the likelihood of continuation and strengthens the probability of a sustained move toward resistance targets.
What to expect in the coming price action
In the near term, Pi Network is likely to continue compressing into the triangle apex as volatility tightens further. The key level to monitor remains the $0.20 support level. As long as price holds above this region, breakout conditions remain active, with upside targets toward the value-area high and the $0.25 resistance level.
A bullish breakout should ideally be accompanied by strong volume, confirming momentum and improving the probability of follow-through. From a technical, price-action, and market-structure perspective, Pi is at a critical inflection point where a directional move is approaching, and the coming sessions may determine whether the market transitions into a broader reversal and expansion phase.
Read more: Over 20,000 investors bet big on this ‘next-gen XRP’ after missing out early on Ethereum and XRP
Summary
Pi is tightening into a triangle apex, signaling a decisive move ahead
$0.20 support aligns with VAL + POC, strengthening the base
Breakout targets value area high and $0.25 resistance with volume confirmation
Pi Network’s (PI) current price action is constructive behavior as the market continues to compress into the apex of a triangle formation. This structure reflects a period of tightening volatility where price becomes increasingly constrained between converging support and resistance.
As price trades deeper into the apex, the probability of a directional breakout rises, making the current region a key decision point for the next move.
Pi Network price key technical points
Pi is compressing into a triangle apex above major support at $0.20
$0.20 aligns with the value area low and the Point of Control, strengthening the base
Holding support keeps breakout potential active toward $0.25 resistance and the value area high
PIUSDT (4H) Chart, Source: TradingView
Triangle structures typically form when a market enters balance and volatility begins to contract. As price swings become smaller and tighter, the market builds pressure that eventually resolves through expansion. The closer price gets to the apex of the triangle, the less room there is for sideways trading, and the more likely a breakout becomes.
You might also like: Pakistan signs Trump-linked World Liberty deal on USD1 stablecoin
In Pi Network’s case, price is compressing near an equilibrium zone where buyers and sellers are competing for control, but the declining volatility suggests that a decision is approaching. This does not guarantee direction on its own, but it increases the probability of a move that is both impulsive and sustained once the apex resolves.
Breakouts that occur late in triangle formations often lead to stronger follow-through, as the market has spent more time compressing and building liquidity for expansion.
Accumulation characteristics and structural base formation
Another important factor is that the $0.20 zone aligns with a broader accumulation region. Pi has traded within this area for an extended period over the past several months, indicating that significant volume has transacted here and value has been established.
Markets that spend extended time consolidating at support often build strong bases. These bases create conditions where price can transition from balance into expansion once demand begins to outweigh supply. In Pi’s current case, the triangle formation appears to be acting as the final compression phase of that broader accumulation process.
If the market is indeed transitioning from accumulation into expansion, a bullish breakout from the triangle would represent a structural turning point and signal that Pi is shifting into a higher-value price regime.
You might also like: XRP bulls face make-or-break test at key resistance zone
Volume will decide the quality of the breakout
While the structure is constructive, volume remains the key factor determining whether a breakout is genuine. A true breakout should be supported by strong bullish volume expansion, showing that buyers are participating aggressively rather than the price simply drifting higher.
Without volume confirmation, breakouts are more likely to fail, leading to false moves and a return into the triangle range. A volume-backed breakout, on the other hand, increases the likelihood of continuation and strengthens the probability of a sustained move toward resistance targets.
What to expect in the coming price action
In the near term, Pi Network is likely to continue compressing into the triangle apex as volatility tightens further. The key level to monitor remains the $0.20 support level. As long as price holds above this region, breakout conditions remain active, with upside targets toward the value-area high and the $0.25 resistance level.
A bullish breakout should ideally be accompanied by strong volume, confirming momentum and improving the probability of follow-through. From a technical, price-action, and market-structure perspective, Pi is at a critical inflection point where a directional move is approaching, and the coming sessions may determine whether the market transitions into a broader reversal and expansion phase.
Read more: Over 20,000 investors bet big on this ‘next-gen XRP’ after missing out early on Ethereum and XRP
Monero Price Prediction: Will XMR Break Records After $722 ATH?
Monero price is on our crypto radar after hitting a new all-time high of $721.99 just a few hours ago. Will the rally continue or slow down?
Table of Contents
Why so high?
Potential moves: Bull or bear?
Monero price prediction based on current levels
Check out our Monero price prediction to see what might come next.
Summary
Monero hit a new all-time high of $721.99 on January 14, raising questions about whether the rally will continue.
The surge is driven by growing demand for privacy-focused crypto and tighter KYC/AML regulations worldwide.
On-chain data shows steady transfers, active miners, and real trading activity, indicating genuine, sustained demand.
Key support is around $700, while potential upside could push XMR toward $754.5, though short-term pullbacks are possible.
Overall, fundamentals remain strong, and the long-term outlook for Monero and price prediction remains bullish.
Why so high?
Monero (XMR) has pulled back slightly but remains above $700, trading near $717 from today’s earlier peak. The rally has been insane — 62% in the past week and more than 74% month-to-date.
XMR 1-day chart, January 2026 | Source: crypto.news
Its rise comes as governments tighten the screws on financial oversight. With more rules and monitoring tools popping up, people are looking for ways to keep their money private — and Monero fits the bill perfectly.
The rally is being fueled by stronger KYC and AML regulations worldwide, according to experts. And even with the EU planning to ban privacy coins and anonymous crypto accounts from 2027, investors aren’t worried — in fact, it’s got many racing to grab privacy coins ahead of the ban.
On-chain numbers back this up. Transfers are steady, miners are active, and the network isn’t skipping a beat. In short, this is looking more like real, sustained demand than a flash-in-the-pan hype — exactly what a strong Monero forecast would suggest.
Potential moves: Bull or bear?
If Monero can hold above $700, the path to new highs looks clear. CoinCodex expects it could hit $754.5 in the next month. That said, some indicators suggest it’s overbought, so a pullback is possible, with $600 as a key support zone. Overall, the Monero outlook still looks bullish.
You might also like: Monero price holds bullish market structure — can it survive leverage-driven volatility?
Monero price prediction based on current levels
All things considered, Monero looks solid at current levels. The fundamentals are doing the heavy lifting, and the demand for privacy isn’t going away anytime soon. Sure, after such a fast run, some cooling off wouldn’t be surprising — but as long as XMR keeps its footing above key support zones, the bigger picture stays bullish. If buyers stay in control and the $700 area holds, Monero may not be done setting new records just yet.
Read more: Dash leads privacy coin rally as Monero and Zcash reclaim key levels
Table of Contents
Why so high?
Potential moves: Bull or bear?
Monero price prediction based on current levels
Check out our Monero price prediction to see what might come next.
Summary
Monero hit a new all-time high of $721.99 on January 14, raising questions about whether the rally will continue.
The surge is driven by growing demand for privacy-focused crypto and tighter KYC/AML regulations worldwide.
On-chain data shows steady transfers, active miners, and real trading activity, indicating genuine, sustained demand.
Key support is around $700, while potential upside could push XMR toward $754.5, though short-term pullbacks are possible.
Overall, fundamentals remain strong, and the long-term outlook for Monero and price prediction remains bullish.
Why so high?
Monero (XMR) has pulled back slightly but remains above $700, trading near $717 from today’s earlier peak. The rally has been insane — 62% in the past week and more than 74% month-to-date.
XMR 1-day chart, January 2026 | Source: crypto.news
Its rise comes as governments tighten the screws on financial oversight. With more rules and monitoring tools popping up, people are looking for ways to keep their money private — and Monero fits the bill perfectly.
The rally is being fueled by stronger KYC and AML regulations worldwide, according to experts. And even with the EU planning to ban privacy coins and anonymous crypto accounts from 2027, investors aren’t worried — in fact, it’s got many racing to grab privacy coins ahead of the ban.
On-chain numbers back this up. Transfers are steady, miners are active, and the network isn’t skipping a beat. In short, this is looking more like real, sustained demand than a flash-in-the-pan hype — exactly what a strong Monero forecast would suggest.
Potential moves: Bull or bear?
If Monero can hold above $700, the path to new highs looks clear. CoinCodex expects it could hit $754.5 in the next month. That said, some indicators suggest it’s overbought, so a pullback is possible, with $600 as a key support zone. Overall, the Monero outlook still looks bullish.
You might also like: Monero price holds bullish market structure — can it survive leverage-driven volatility?
Monero price prediction based on current levels
All things considered, Monero looks solid at current levels. The fundamentals are doing the heavy lifting, and the demand for privacy isn’t going away anytime soon. Sure, after such a fast run, some cooling off wouldn’t be surprising — but as long as XMR keeps its footing above key support zones, the bigger picture stays bullish. If buyers stay in control and the $700 area holds, Monero may not be done setting new records just yet.
Read more: Dash leads privacy coin rally as Monero and Zcash reclaim key levels
Polkadot Price Breaks Out of Falling Wedge on Robinhood Listing, Can It Rally to $4 Next?
Polkadot’s price shot up 10% after Robinhood spotlighted its listing. It subsequently broke out of a multi-month falling wedge pattern that suggests strong upside over the coming months.
Summary
Polakadot price was up 10% on Wednesday.
Robinhood listing and whale buying have supported the rally.
A falling wedge pattern was confirmed on the daily chart.
According to data from crypto.news, Polkadot (DOT) rallied to an intraday high of $2.32 on Wednesday, Jan. 14, before settling at $2.29. At this price, the altcoin remains 38% higher than its December low.
Polkadot’s price rebound today can primarily be attributed to the U.S. based crypto trading platform Robinhood spotlighting its listing on the platform. Being listed on such a popular platform means the token will now be exposed to millions of retail traders, which could draw in fresh liquidity and boost its price in the long run.
Another factor supporting Polkadot’s rally was renewed accumulation from whales, as data compiled by Nansen shows. Typically, when whales begin accumulating an asset, these large-scale entries often inspire retail confidence and draw fresh capital into the token’s ecosystem.
You might also like: Why is the crypto market rallying today? (Jan. 14)
Besides whale activity, derivatives traders also appear to be increasing leverage to bet on further gains. Per CoinGlass data, Polkadot futures open interest has increased nearly 15% over the past 24 hours to $231 million, while the weighted funding rate has flipped positive.
Overall, these metrics suggest that market participants are growing increasingly optimistic about the asset’s short-term performance.
Polkadot price analysis
On the daily chart, Polkadot has confirmed a breakout from a falling wedge pattern that had been forming since early October last year. Consisting of two descending and converging trendlines, this pattern is considered a bullish trend reversal signal within trading circles.
Polkadot price has broken out of a falling wedge pattern on the daily chart — Jan. 14 | Source: crypto.news
Hence, Polkadot price could rally to $4 next, a target calculated by measuring the height of the falling wedge and projecting it from the breakout point.
Further supporting the upside narrative, Polkadot price has moved above a multi-year descending trend line that had been acting as a key resistance.
Historically, whenever bulls attempted to drive DOT toward this level, they were met with sharp reversals that reinforced the token’s persistent downtrend. A breakout from this structure means that the long-standing downward pressure is finally easing, potentially marking a pivotal shift in market sentiment.
Moving on to technical indicators, the MACD lines have crossed the zero line and are pointing upwards. It means that bullish momentum is accelerating, and the buyers are beginning to take control of the price action.
At the same time, the RSI has formed a bullish divergence, a setup that has historically preceded significant price recoveries.
When writing, DOT was trading at $2.29, which puts the $4 target roughly 74% higher.
Read more: Crypto market forecast ahead of Supreme Court tariffs ruling on Jan. 14, 2026
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Summary
Polakadot price was up 10% on Wednesday.
Robinhood listing and whale buying have supported the rally.
A falling wedge pattern was confirmed on the daily chart.
According to data from crypto.news, Polkadot (DOT) rallied to an intraday high of $2.32 on Wednesday, Jan. 14, before settling at $2.29. At this price, the altcoin remains 38% higher than its December low.
Polkadot’s price rebound today can primarily be attributed to the U.S. based crypto trading platform Robinhood spotlighting its listing on the platform. Being listed on such a popular platform means the token will now be exposed to millions of retail traders, which could draw in fresh liquidity and boost its price in the long run.
Another factor supporting Polkadot’s rally was renewed accumulation from whales, as data compiled by Nansen shows. Typically, when whales begin accumulating an asset, these large-scale entries often inspire retail confidence and draw fresh capital into the token’s ecosystem.
You might also like: Why is the crypto market rallying today? (Jan. 14)
Besides whale activity, derivatives traders also appear to be increasing leverage to bet on further gains. Per CoinGlass data, Polkadot futures open interest has increased nearly 15% over the past 24 hours to $231 million, while the weighted funding rate has flipped positive.
Overall, these metrics suggest that market participants are growing increasingly optimistic about the asset’s short-term performance.
Polkadot price analysis
On the daily chart, Polkadot has confirmed a breakout from a falling wedge pattern that had been forming since early October last year. Consisting of two descending and converging trendlines, this pattern is considered a bullish trend reversal signal within trading circles.
Polkadot price has broken out of a falling wedge pattern on the daily chart — Jan. 14 | Source: crypto.news
Hence, Polkadot price could rally to $4 next, a target calculated by measuring the height of the falling wedge and projecting it from the breakout point.
Further supporting the upside narrative, Polkadot price has moved above a multi-year descending trend line that had been acting as a key resistance.
Historically, whenever bulls attempted to drive DOT toward this level, they were met with sharp reversals that reinforced the token’s persistent downtrend. A breakout from this structure means that the long-standing downward pressure is finally easing, potentially marking a pivotal shift in market sentiment.
Moving on to technical indicators, the MACD lines have crossed the zero line and are pointing upwards. It means that bullish momentum is accelerating, and the buyers are beginning to take control of the price action.
At the same time, the RSI has formed a bullish divergence, a setup that has historically preceded significant price recoveries.
When writing, DOT was trading at $2.29, which puts the $4 target roughly 74% higher.
Read more: Crypto market forecast ahead of Supreme Court tariffs ruling on Jan. 14, 2026
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Is More Downside Coming As XRP Price Rests Multi-month Support?
XRP price is edging closer to losing a key trendline support that has historically served as a strong floor, from which previous rebounds have often begun.
Summary
XRP price has fallen nearly 14% over the past week.
Traders are watching a key trendline support level at $2.
Stablecoin supply and cumulative spot XRP ETF inflows have surged in recent weeks.
According to data from crypto.news, XRP (XRP) price was off to a strong start for this year, rallying nearly 30% from Jan. 1 to $2.39 on Jan. 6 amid a market rebound across all cryptocurrencies, especially owing to the January effect that played a key role.
However, as is common with most other cryptocurrencies that experienced similar double-digit surges, it lost part of these gains as investors began profit-taking. The cooling sentiment intensified as expectations of a hawkish Fed policy sent the market back into fear mode. At press time, XRP price was trading at $2.06, down 13.6% from last week’s high.
With traders now scaling back bets on interest rate cuts for the first half of 2026, the fifth-largest cryptocurrency is testing critical demand zones near $2.00 to see if bulls can maintain their grip on the short-term trend.
You might also like: Ethereum price forms symmetrical triangle as whales sell, will it crash?
The daily chart shows that a drop below $2 would risk losing a key multi-month descending trendline that it recently turned from resistance to support. Additionally, $2 has served as a horizontal trendline support multiple times since December 2024, making it a very crucial psychological and technical floor for the asset.
XRP price is testing the $2 support level — Jan. 13 | Source: crypto.news
At press time, momentum indicators showed signs that bears were at an advantage. Notably, the MACD line was at the brink of forming a bearish crossover with the signal line, while the RSI had formed a bearish divergence as it dropped from overbought levels to touch the neutral threshold.
As such, a sharp drop below $2 could trigger further downside to meet the December low at $1.77, which is down nearly 14% from the current price. However, if bulls manage to push XRP price past the $2.2 psychological resistance level, the bearish setup would likely be invalidated.
Bullish fundamentals still at play
Despite the bearish prediction, it must be noted that XRP price still has multiple catalysts building in the background.
For one, data from DeFiLlama shows that the stablecoin supply on the XRP Ledger network has increased by over 10% in the past seven days, largely driven by the growth of Ripple USD (RLUSD), which recently crossed a $1.3 billion market cap.
A stronger stablecoin supply means more liquidity for decentralized finance protocols on the chain, which in turn could boost the utility of XRP as a bridge asset for these transactions.
Also, demand for spot XRP ETFs, while having one weaker period of late, has persisted since their launch. These investment vehicles now hold $1.23 billion in net inflows since their debut.
As institutional demand for regulated crypto exposure continues to build, it could also drive follow-through demand from retail investors who view these inflows as a sign of long term stability, potentially boosting the token’s price over the longer run.
Read more: Lighter price drops 20% as breakdown below $2.30 confirms trend reversal
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Summary
XRP price has fallen nearly 14% over the past week.
Traders are watching a key trendline support level at $2.
Stablecoin supply and cumulative spot XRP ETF inflows have surged in recent weeks.
According to data from crypto.news, XRP (XRP) price was off to a strong start for this year, rallying nearly 30% from Jan. 1 to $2.39 on Jan. 6 amid a market rebound across all cryptocurrencies, especially owing to the January effect that played a key role.
However, as is common with most other cryptocurrencies that experienced similar double-digit surges, it lost part of these gains as investors began profit-taking. The cooling sentiment intensified as expectations of a hawkish Fed policy sent the market back into fear mode. At press time, XRP price was trading at $2.06, down 13.6% from last week’s high.
With traders now scaling back bets on interest rate cuts for the first half of 2026, the fifth-largest cryptocurrency is testing critical demand zones near $2.00 to see if bulls can maintain their grip on the short-term trend.
You might also like: Ethereum price forms symmetrical triangle as whales sell, will it crash?
The daily chart shows that a drop below $2 would risk losing a key multi-month descending trendline that it recently turned from resistance to support. Additionally, $2 has served as a horizontal trendline support multiple times since December 2024, making it a very crucial psychological and technical floor for the asset.
XRP price is testing the $2 support level — Jan. 13 | Source: crypto.news
At press time, momentum indicators showed signs that bears were at an advantage. Notably, the MACD line was at the brink of forming a bearish crossover with the signal line, while the RSI had formed a bearish divergence as it dropped from overbought levels to touch the neutral threshold.
As such, a sharp drop below $2 could trigger further downside to meet the December low at $1.77, which is down nearly 14% from the current price. However, if bulls manage to push XRP price past the $2.2 psychological resistance level, the bearish setup would likely be invalidated.
Bullish fundamentals still at play
Despite the bearish prediction, it must be noted that XRP price still has multiple catalysts building in the background.
For one, data from DeFiLlama shows that the stablecoin supply on the XRP Ledger network has increased by over 10% in the past seven days, largely driven by the growth of Ripple USD (RLUSD), which recently crossed a $1.3 billion market cap.
A stronger stablecoin supply means more liquidity for decentralized finance protocols on the chain, which in turn could boost the utility of XRP as a bridge asset for these transactions.
Also, demand for spot XRP ETFs, while having one weaker period of late, has persisted since their launch. These investment vehicles now hold $1.23 billion in net inflows since their debut.
As institutional demand for regulated crypto exposure continues to build, it could also drive follow-through demand from retail investors who view these inflows as a sign of long term stability, potentially boosting the token’s price over the longer run.
Read more: Lighter price drops 20% as breakdown below $2.30 confirms trend reversal
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Why Can’t Companies Stop Social Engineering Attacks? | Opinion
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial.
Over the past year, most of the biggest exploits in crypto have had the same root cause: people. In the past several months alone, Ledger urged users to pause on-chain activity after npm maintainers were duped and malicious packages propagated; Workday disclosed a social-engineering campaign that accessed data in a third-party CRM; and North Korea–linked operators continued fake-job lures against crypto teams to deliver malware.
Summary
Crypto isn’t being hacked — it’s being talked into giving itself away. Most breaches now come from phishing, fake updates, and impersonation, not broken code, making “people” the primary attack surface.
Programmable money turns small mistakes into catastrophic losses. A single leaked key or approved request can drain funds instantly and irreversibly, making social engineering a systemic risk, not a user error.
Until operational security is treated like core infrastructure, exploits will keep scaling. Audits and code reviews can’t stop human deception — only enforced device, access, and training standards can.
Despite billions spent on cybersecurity, companies keep getting beaten by simple social engineering. Teams pour money into technical safeguards, audits, and code reviews while neglecting operational security, device hygiene, and basic human factors. As more financial activity moves on-chain, that blind spot becomes a systemic risk to digital infrastructure.
The only way to slow the surge of social-engineering attacks is a broad, sustained investment in operational security that reduces the payoff of these tactics.
You might also like: DeFi’s promised to replace TradFi, not sit on top of them | Opinion
Social engineering is the Achilles’ heel of cybersecurity
Verizon’s 2025 Data Breach Investigations Report ties the “human element” of cybersecurity (phishing, stolen credentials, and everyday mistakes) to roughly 60% of data breaches.
Social engineering works because it targets people, not code, exploiting trust, urgency, familiarity, and routine. These types of exploits can’t be eliminated through a coding audit and are difficult to defend with automated cybersecurity tools. Code review and other common cybersecurity practices can’t stop an employee from approving a fraudulent request that looks like it came from a manager, or downloading a fake Zoom update that seems legitimate.
Even highly technical teams get caught; human weakness is universal and stubborn. And as a result, social engineering continues to drive real-world incidents.
Crypto raises the stakes
Programmable money concentrates risk. In web3, compromising a seed phrase or an API token can be equivalent to breaching a bank vault. The irreversible nature of crypto transactions amplifies mistakes: once funds move, there is often no way to reverse the transaction. A single lapse in device security or key handling can wipe out assets. Web3’s decentralized design means there is often no help desk to reach out to, leaving users to fend for themselves.
Hackers, including state-backed mercenaries, have noted the effectiveness of social engineering attacks and adapted accordingly. Operations attributed to North Korea’s Lazarus Group lean heavily on social engineering: fake job offers, poisoned PDFs, malicious packages, and tailored phishing that prey on human vulnerabilities.
These exploits are startlingly effective and simple to execute, and tech companies seem unable to defend against them. Unlike zero-day exploits, which are quickly patched (forcing hackers to find new exploit strategies), hackers are able to leverage the same social engineering tactics over and over, autonomously, spending more time hacking and less time on R&D.
Companies need to invest in operations security
Too many organizations still treat security as a compliance exercise — an attitude reinforced by permissive regulatory standards. Companies routinely pass audits and publish spotless reports even while harboring glaring operational risks: administrator keys stored on personal laptops, credentials shared over chat and email, stale access privileges that never rotate, and travel laptops repurposed as development machines.
Fixing this failure of discipline requires explicit, enforced operational security. Teams should use managed devices, strong endpoint protection, and full-disk encryption; company logins should leverage password managers and phishing-resistant MFA; and system managers should carefully manage privileges and access. These controls are not a catch-all, but they add to making social engineering attacks more difficult and help mitigate the impact of potential exploits.
Most importantly, teams need to invest in operational security training; employees (not cybersecurity teams) are the first line of defense against social engineering attacks. Companies should spend time training their teams to spot likely phishing attacks, practice safe data hygiene, and understand operational security practices.
Critically, we can’t expect organizations to adopt hardened cybersecurity postures voluntarily; regulators must step in and set enforceable operational baselines that make real security non-optional. Compliance frameworks should move beyond documentation and require demonstrable proof of secure practices: verified key management, periodic access reviews, endpoint hardening, and simulated phishing readiness. Without regulatory teeth, the incentive will always favor optics over outcomes.
Social engineering is only getting worse
It’s critical to invest in operational security now because the rate of attacks is growing exponentially.
Generative AI has changed the economics of deception. Attackers can now personalize, localize, and automate phishing at an industrial scale. Campaigns that once focused on a single user or enterprise can now be used to target thousands of businesses with little extra cost. Phishing attacks can be personalized with just a few clicks, incorporating intimate details to make a spoofed email feel legitimate.
AI also accelerates reconnaissance. Public footprints, leaked credentials, and open-source intelligence can be mined and assembled into “briefs” on each victim, helping hackers develop deeply convincing attacks.
Slowing the rate of attacks
Social engineering thrives where implicit trust and convenience override verification and prudence. Organizations need to adapt a more defensive posture and (correctly) assume that they are under the constant threat of a social engineering attack.
Teams should adopt zero-trust principles in daily operations and incorporate operational security principles throughout the company. They should train employees on operational security to stop attacks early and keep their team up to date on the latest social engineering tactics.
Most importantly, companies need to find where trust still lives in their operations (wherever an attacker can impersonate an employee, a piece of software, or a customer) and add extra safeguards.
Social engineering will not disappear, but we can make it far less effective and far less catastrophic when attacks occur. As the industry hardens itself against these attacks, social engineering will become less lucrative for hackers, and the rate of attacks will drop, finally bringing a real end to this breathless cycle of exploits.
Read more: Corporate treasuries are getting Bitcoin wrong | Opinion
Author: Jan Philipp Fritsche
Dr. Jan Philipp Fritsche is the managing director of Oak Security, a cybersecurity firm specializing in web3 audits. Prior to his role at Oak Security, Dr. Fritsche amassed extensive experience in econometric and risk modeling, holding positions at institutions such as the European Central Bank and DIW Berlin. He holds a Ph.D. in Economics from Humboldt University of Berlin.
Over the past year, most of the biggest exploits in crypto have had the same root cause: people. In the past several months alone, Ledger urged users to pause on-chain activity after npm maintainers were duped and malicious packages propagated; Workday disclosed a social-engineering campaign that accessed data in a third-party CRM; and North Korea–linked operators continued fake-job lures against crypto teams to deliver malware.
Summary
Crypto isn’t being hacked — it’s being talked into giving itself away. Most breaches now come from phishing, fake updates, and impersonation, not broken code, making “people” the primary attack surface.
Programmable money turns small mistakes into catastrophic losses. A single leaked key or approved request can drain funds instantly and irreversibly, making social engineering a systemic risk, not a user error.
Until operational security is treated like core infrastructure, exploits will keep scaling. Audits and code reviews can’t stop human deception — only enforced device, access, and training standards can.
Despite billions spent on cybersecurity, companies keep getting beaten by simple social engineering. Teams pour money into technical safeguards, audits, and code reviews while neglecting operational security, device hygiene, and basic human factors. As more financial activity moves on-chain, that blind spot becomes a systemic risk to digital infrastructure.
The only way to slow the surge of social-engineering attacks is a broad, sustained investment in operational security that reduces the payoff of these tactics.
You might also like: DeFi’s promised to replace TradFi, not sit on top of them | Opinion
Social engineering is the Achilles’ heel of cybersecurity
Verizon’s 2025 Data Breach Investigations Report ties the “human element” of cybersecurity (phishing, stolen credentials, and everyday mistakes) to roughly 60% of data breaches.
Social engineering works because it targets people, not code, exploiting trust, urgency, familiarity, and routine. These types of exploits can’t be eliminated through a coding audit and are difficult to defend with automated cybersecurity tools. Code review and other common cybersecurity practices can’t stop an employee from approving a fraudulent request that looks like it came from a manager, or downloading a fake Zoom update that seems legitimate.
Even highly technical teams get caught; human weakness is universal and stubborn. And as a result, social engineering continues to drive real-world incidents.
Crypto raises the stakes
Programmable money concentrates risk. In web3, compromising a seed phrase or an API token can be equivalent to breaching a bank vault. The irreversible nature of crypto transactions amplifies mistakes: once funds move, there is often no way to reverse the transaction. A single lapse in device security or key handling can wipe out assets. Web3’s decentralized design means there is often no help desk to reach out to, leaving users to fend for themselves.
Hackers, including state-backed mercenaries, have noted the effectiveness of social engineering attacks and adapted accordingly. Operations attributed to North Korea’s Lazarus Group lean heavily on social engineering: fake job offers, poisoned PDFs, malicious packages, and tailored phishing that prey on human vulnerabilities.
These exploits are startlingly effective and simple to execute, and tech companies seem unable to defend against them. Unlike zero-day exploits, which are quickly patched (forcing hackers to find new exploit strategies), hackers are able to leverage the same social engineering tactics over and over, autonomously, spending more time hacking and less time on R&D.
Companies need to invest in operations security
Too many organizations still treat security as a compliance exercise — an attitude reinforced by permissive regulatory standards. Companies routinely pass audits and publish spotless reports even while harboring glaring operational risks: administrator keys stored on personal laptops, credentials shared over chat and email, stale access privileges that never rotate, and travel laptops repurposed as development machines.
Fixing this failure of discipline requires explicit, enforced operational security. Teams should use managed devices, strong endpoint protection, and full-disk encryption; company logins should leverage password managers and phishing-resistant MFA; and system managers should carefully manage privileges and access. These controls are not a catch-all, but they add to making social engineering attacks more difficult and help mitigate the impact of potential exploits.
Most importantly, teams need to invest in operational security training; employees (not cybersecurity teams) are the first line of defense against social engineering attacks. Companies should spend time training their teams to spot likely phishing attacks, practice safe data hygiene, and understand operational security practices.
Critically, we can’t expect organizations to adopt hardened cybersecurity postures voluntarily; regulators must step in and set enforceable operational baselines that make real security non-optional. Compliance frameworks should move beyond documentation and require demonstrable proof of secure practices: verified key management, periodic access reviews, endpoint hardening, and simulated phishing readiness. Without regulatory teeth, the incentive will always favor optics over outcomes.
Social engineering is only getting worse
It’s critical to invest in operational security now because the rate of attacks is growing exponentially.
Generative AI has changed the economics of deception. Attackers can now personalize, localize, and automate phishing at an industrial scale. Campaigns that once focused on a single user or enterprise can now be used to target thousands of businesses with little extra cost. Phishing attacks can be personalized with just a few clicks, incorporating intimate details to make a spoofed email feel legitimate.
AI also accelerates reconnaissance. Public footprints, leaked credentials, and open-source intelligence can be mined and assembled into “briefs” on each victim, helping hackers develop deeply convincing attacks.
Slowing the rate of attacks
Social engineering thrives where implicit trust and convenience override verification and prudence. Organizations need to adapt a more defensive posture and (correctly) assume that they are under the constant threat of a social engineering attack.
Teams should adopt zero-trust principles in daily operations and incorporate operational security principles throughout the company. They should train employees on operational security to stop attacks early and keep their team up to date on the latest social engineering tactics.
Most importantly, companies need to find where trust still lives in their operations (wherever an attacker can impersonate an employee, a piece of software, or a customer) and add extra safeguards.
Social engineering will not disappear, but we can make it far less effective and far less catastrophic when attacks occur. As the industry hardens itself against these attacks, social engineering will become less lucrative for hackers, and the rate of attacks will drop, finally bringing a real end to this breathless cycle of exploits.
Read more: Corporate treasuries are getting Bitcoin wrong | Opinion
Author: Jan Philipp Fritsche
Dr. Jan Philipp Fritsche is the managing director of Oak Security, a cybersecurity firm specializing in web3 audits. Prior to his role at Oak Security, Dr. Fritsche amassed extensive experience in econometric and risk modeling, holding positions at institutions such as the European Central Bank and DIW Berlin. He holds a Ph.D. in Economics from Humboldt University of Berlin.
Pi Network Price Forms an Alarming Pattern As Daily Volume Tumbles
Pi Network price remained in a tight range today, January 12, continuing a trend that has been going on since the second week of December.
Summary
Pi Network price remained in a tight range on Monday.
The daily volume dropped to just $6 million.
It has formed a rising wedge pattern, pointing to more downside.
Pi Coin (PI) token was trading at $0.2075, much lower than the all-time high of ~$3, which it reached shortly after the mainnet launch.
The ongoing consolidation is largely because of the waning demand among investors. Data compiled by CoinMarketCap shows that its volume in the last 24 hours was just $6 million, a tiny amount for a cryptocurrency with a market capitalization of over $1.7 billion. Its volume was much lower than other smaller cryptocurrencies like Render, Cosmos, and Official Trump.
Pi Network’s volume waned even after the developers launched new tools to make it faster for its developers to incorporate payments to their applications. The new tools include the Pi SDK and backend APIs to ensure that they can integrate these payments within minutes.
You might also like: Dubai bans Monero, Zcash as DIFC slams door on privacy tokens and tightens stablecoins
Pi’s team is also working on the decentralized exchange, automated market, and token creation tools, which will be launched later this year. They hope that these tools will help to boost Pi’s utility over time.
There are a few reasons why Pi Network’s volume has dropped in the past few months. First, unlike most tokens, Pi is not listed in most mainstream exchanges like Coinbase and Binance.
Second, there are concerns about the daily token unlocks, which are increasing its supply. The network will unlock over 1.2 billion tokens this year.
Further, Pi is a highly centralized network in the crypto industry, with the obscure Pi Foundation holding billions of tokens.
Pi Network price is at risk of a deeper dive
Pi Coin price chart | Source: crypto.news
The daily chart shows that the Pi Coin has formed highly bearish chart patterns, pointing to more downside. It is in the process of forming a rising wedge pattern, which is made up of two ascending and converging trendlines. These two lines are nearing their convergence, which will lead to a bearish breakout.
The coin has also formed a bearish pennant pattern, a common continuation sign. It remains below the 50-day Exponential Moving Average and the Supertrend indicator.
Therefore, the most likely Pi forecast is bearish, with the next key target being at $0.1918, its lowest level in December. A drop below that target will raise odds of it reaching its all-time low.
Read more: Bitcoin price forms bullish reversal pattern while weekly ETF outflows hit $681M
Summary
Pi Network price remained in a tight range on Monday.
The daily volume dropped to just $6 million.
It has formed a rising wedge pattern, pointing to more downside.
Pi Coin (PI) token was trading at $0.2075, much lower than the all-time high of ~$3, which it reached shortly after the mainnet launch.
The ongoing consolidation is largely because of the waning demand among investors. Data compiled by CoinMarketCap shows that its volume in the last 24 hours was just $6 million, a tiny amount for a cryptocurrency with a market capitalization of over $1.7 billion. Its volume was much lower than other smaller cryptocurrencies like Render, Cosmos, and Official Trump.
Pi Network’s volume waned even after the developers launched new tools to make it faster for its developers to incorporate payments to their applications. The new tools include the Pi SDK and backend APIs to ensure that they can integrate these payments within minutes.
You might also like: Dubai bans Monero, Zcash as DIFC slams door on privacy tokens and tightens stablecoins
Pi’s team is also working on the decentralized exchange, automated market, and token creation tools, which will be launched later this year. They hope that these tools will help to boost Pi’s utility over time.
There are a few reasons why Pi Network’s volume has dropped in the past few months. First, unlike most tokens, Pi is not listed in most mainstream exchanges like Coinbase and Binance.
Second, there are concerns about the daily token unlocks, which are increasing its supply. The network will unlock over 1.2 billion tokens this year.
Further, Pi is a highly centralized network in the crypto industry, with the obscure Pi Foundation holding billions of tokens.
Pi Network price is at risk of a deeper dive
Pi Coin price chart | Source: crypto.news
The daily chart shows that the Pi Coin has formed highly bearish chart patterns, pointing to more downside. It is in the process of forming a rising wedge pattern, which is made up of two ascending and converging trendlines. These two lines are nearing their convergence, which will lead to a bearish breakout.
The coin has also formed a bearish pennant pattern, a common continuation sign. It remains below the 50-day Exponential Moving Average and the Supertrend indicator.
Therefore, the most likely Pi forecast is bearish, with the next key target being at $0.1918, its lowest level in December. A drop below that target will raise odds of it reaching its all-time low.
Read more: Bitcoin price forms bullish reversal pattern while weekly ETF outflows hit $681M
Tether Freezes $182M in USDT Across Tron Wallets Likely Linked to Illegal Activity
Tether has carried out one of its largest single-day enforcement actions, freezing a significant amount of USDT on the Tron network.
Summary
Tether froze about $182 million in USDT across five Tron wallets on January 11, 2026.
The action, linked to U.S. law enforcement, highlights issuer control over stablecoin freezes.
Critics say centralized freeze power demonstrates fundamental differences between stablecoins and decentralized assets like Bitcoin.
In an action that appears to be linked to law enforcement, Tether has blocked a significant amount of USDT on the Tron blockchain.
On Jan. 11, Tether froze roughly $182 million in USDT across five Tron (TRX) based wallets in a single day, according to data from on-chain tracker Whale Alert. The holdings in each wallet that were targeted by the freezes ranged from roughly $12 million to $50 million.
Massive freeze executed with law enforcement cooperation
The actions appear to have been carried out in coordination with U.S. authorities, including the Department of Justice and the Federal Bureau of Investigation. However, Tether has not publicly detailed the precise reasons for the freezes.
Such moves typically follow investigations into scams, hacks, sanctions evasion, or other illegal uses of crypto.
❄ ❄ An address with a balance of 50,000,003 #USDT (49,967,047 USD) has just been frozen!https://t.co/J0645eyxA2
— Whale Alert (@whale_alert) January 10, 2026
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Tether retains special administrative keys in the USDT smart contracts it issues, which let the company freeze tokens at the issuer level. This capability is part of how fiat-backed stablecoin issuers comply with legal requests and anti-money-laundering rules.
The latest freezing event is one of the largest seen for USDT in a single day. For context, analytics firm AMLBot reports that Tether has frozen over $3 billion in assets from over 7,000 addresses between 2023 and 2025, a scale far beyond what other stablecoin issuers have done.
Centralization sparks debate amid market dominance
The freeze comes as discussions around the centralized control of stablecoins grow. USDT is widely used across crypto markets, with more than $80 billion circulating on the Tron blockchain.
Unlike decentralized assets such as Bitcoin (BTC), stablecoins like USDT can be halted or blocked by their issuers when legal pressure arises.
Chainalysis data shows stablecoins accounted for around 84 % of illicit crypto activity by the end of 2025, reflecting how dollar-pegged tokens have become the medium of choice in many on-chain frauds and sanctions-linked movements.
Critics point out that this “kill switch” model makes stablecoins fundamentally different from decentralized cryptocurrencies and could push some governments or institutions to favor assets that cannot be frozen, such as Bitcoin or gold.
Read more: Will the CLARITY Act trigger a crypto market rally?
Summary
Tether froze about $182 million in USDT across five Tron wallets on January 11, 2026.
The action, linked to U.S. law enforcement, highlights issuer control over stablecoin freezes.
Critics say centralized freeze power demonstrates fundamental differences between stablecoins and decentralized assets like Bitcoin.
In an action that appears to be linked to law enforcement, Tether has blocked a significant amount of USDT on the Tron blockchain.
On Jan. 11, Tether froze roughly $182 million in USDT across five Tron (TRX) based wallets in a single day, according to data from on-chain tracker Whale Alert. The holdings in each wallet that were targeted by the freezes ranged from roughly $12 million to $50 million.
Massive freeze executed with law enforcement cooperation
The actions appear to have been carried out in coordination with U.S. authorities, including the Department of Justice and the Federal Bureau of Investigation. However, Tether has not publicly detailed the precise reasons for the freezes.
Such moves typically follow investigations into scams, hacks, sanctions evasion, or other illegal uses of crypto.
❄ ❄ An address with a balance of 50,000,003 #USDT (49,967,047 USD) has just been frozen!https://t.co/J0645eyxA2
— Whale Alert (@whale_alert) January 10, 2026
You might also like: Crypto scammer caught up in record-breaking drug seizure
Tether retains special administrative keys in the USDT smart contracts it issues, which let the company freeze tokens at the issuer level. This capability is part of how fiat-backed stablecoin issuers comply with legal requests and anti-money-laundering rules.
The latest freezing event is one of the largest seen for USDT in a single day. For context, analytics firm AMLBot reports that Tether has frozen over $3 billion in assets from over 7,000 addresses between 2023 and 2025, a scale far beyond what other stablecoin issuers have done.
Centralization sparks debate amid market dominance
The freeze comes as discussions around the centralized control of stablecoins grow. USDT is widely used across crypto markets, with more than $80 billion circulating on the Tron blockchain.
Unlike decentralized assets such as Bitcoin (BTC), stablecoins like USDT can be halted or blocked by their issuers when legal pressure arises.
Chainalysis data shows stablecoins accounted for around 84 % of illicit crypto activity by the end of 2025, reflecting how dollar-pegged tokens have become the medium of choice in many on-chain frauds and sanctions-linked movements.
Critics point out that this “kill switch” model makes stablecoins fundamentally different from decentralized cryptocurrencies and could push some governments or institutions to favor assets that cannot be frozen, such as Bitcoin or gold.
Read more: Will the CLARITY Act trigger a crypto market rally?
Optimism Submits Proposal to Use 50% of Superchain Revenue for OP Buybacks
Optimism is proposing a structural change that ties its token directly to network activity and Superchain revenue.
Summary
Optimism proposes using 50% of Superchain revenue for OP buybacks.
The program would launch in February pending a Jan. 22 governance vote.
OP tokens bought would return to the treasury for future governance use.
Optimism is moving towards a model that would see OP transition from a purely governance token.
In a Jan. 8 blog post, the Optimism Foundation outlined a governance proposal that would direct half of all incoming Superchain revenue toward buying Optimism (OP) tokens on a recurring basis, with the program set to begin in February if approved.
Turning Superchain revenue into OP demand
The proposal centers on revenue generated by the Superchain, a growing network of layer-2 chains built using the OP Stack. These include Base, OP Mainnet, Unichain, World Chain, Ink, Soneium, and others. Each chain contributes a share of sequencer revenue back to Optimism under existing agreements.
A proposal for the next chapter of Optimism 🔴The Optimism Foundation is putting forward a proposal to align the OP token with growing Superchain demand by directing 50% of incoming Superchain revenue to regular OP buybacks https://t.co/VSDazlbRdX pic.twitter.com/jBQoJyxDCF
— Optimism (@Optimism) January 8, 2026
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Over the past 12 months, that revenue totaled 5,868 ETH, all of which has flowed into a governance-controlled treasury. As Superchain usage has expanded, that pool has grown alongside it. The Foundation now wants to formalize a link between that activity and the OP token.
Under the plan, 50% of new monthly revenue would be used to buy OP tokens over a 12-month pilot period. The remaining half would continue to fund Foundation operations and ecosystem growth.
Purchases are expected to be executed in a way that limits market disruption, with tokens returned to the Collective’s treasury rather than distributed immediately.
Governance would retain control over what happens next. Options include burning the tokens, allocating them to future staking programs, or using them for other ecosystem incentives as the Superchain matures.
A shift in OP’s role
Until now, OP has largely functioned as a governance token, with value tied loosely to adoption of the OP Stack. The Foundation argues that this structure no longer fits the scale Optimism has reached.
The Superchain currently accounts for more than 60% of layer 2 fee market share and processes about 13% of total on-chain transactions. The proposal frames buybacks as a way to let that usage feed directly back into OP, rather than stopping at treasury accumulation.
The Foundation described the move as an early step, not a final design. Future changes could expand OP’s role into areas such as shared infrastructure coordination or sequencer-related functions, with the buyback mechanism positioned as a starting point rather than a complete overhaul.
Discussion around the proposal is ongoing in Optimism’s governance forum. A community call with Optimism leadership is scheduled for Jan. 12, ahead of a formal vote on Jan. 22. If approved, the buyback program would begin shortly after.
OP is down 87% year-over-year and more than 90% from its 2024 all-time high. The new proposal could help boost the token’s price.
Read more: Ex-Zcash devs to launch CashZ wallet after mass resignation
Summary
Optimism proposes using 50% of Superchain revenue for OP buybacks.
The program would launch in February pending a Jan. 22 governance vote.
OP tokens bought would return to the treasury for future governance use.
Optimism is moving towards a model that would see OP transition from a purely governance token.
In a Jan. 8 blog post, the Optimism Foundation outlined a governance proposal that would direct half of all incoming Superchain revenue toward buying Optimism (OP) tokens on a recurring basis, with the program set to begin in February if approved.
Turning Superchain revenue into OP demand
The proposal centers on revenue generated by the Superchain, a growing network of layer-2 chains built using the OP Stack. These include Base, OP Mainnet, Unichain, World Chain, Ink, Soneium, and others. Each chain contributes a share of sequencer revenue back to Optimism under existing agreements.
A proposal for the next chapter of Optimism 🔴The Optimism Foundation is putting forward a proposal to align the OP token with growing Superchain demand by directing 50% of incoming Superchain revenue to regular OP buybacks https://t.co/VSDazlbRdX pic.twitter.com/jBQoJyxDCF
— Optimism (@Optimism) January 8, 2026
You might also like: Bitcoin holds $90k as jobless claims signal cooling as top Fed official pushes for rate cuts
Over the past 12 months, that revenue totaled 5,868 ETH, all of which has flowed into a governance-controlled treasury. As Superchain usage has expanded, that pool has grown alongside it. The Foundation now wants to formalize a link between that activity and the OP token.
Under the plan, 50% of new monthly revenue would be used to buy OP tokens over a 12-month pilot period. The remaining half would continue to fund Foundation operations and ecosystem growth.
Purchases are expected to be executed in a way that limits market disruption, with tokens returned to the Collective’s treasury rather than distributed immediately.
Governance would retain control over what happens next. Options include burning the tokens, allocating them to future staking programs, or using them for other ecosystem incentives as the Superchain matures.
A shift in OP’s role
Until now, OP has largely functioned as a governance token, with value tied loosely to adoption of the OP Stack. The Foundation argues that this structure no longer fits the scale Optimism has reached.
The Superchain currently accounts for more than 60% of layer 2 fee market share and processes about 13% of total on-chain transactions. The proposal frames buybacks as a way to let that usage feed directly back into OP, rather than stopping at treasury accumulation.
The Foundation described the move as an early step, not a final design. Future changes could expand OP’s role into areas such as shared infrastructure coordination or sequencer-related functions, with the buyback mechanism positioned as a starting point rather than a complete overhaul.
Discussion around the proposal is ongoing in Optimism’s governance forum. A community call with Optimism leadership is scheduled for Jan. 12, ahead of a formal vote on Jan. 22. If approved, the buyback program would begin shortly after.
OP is down 87% year-over-year and more than 90% from its 2024 all-time high. The new proposal could help boost the token’s price.
Read more: Ex-Zcash devs to launch CashZ wallet after mass resignation
Ex-Zcash Devs to Launch CashZ Wallet After Mass Resignation
The former Zcash development team is moving forward under a new company after a full resignation from Electric Coin Company, the entity that oversees the privacy project.
Summary
Former Electric Coin Company staff resigned and formed a new for-profit startup called CashZ.
The team plans to launch a new Zcash wallet built from the existing Zashi codebase.
Developers say the move allows faster development while staying focused on Zcash.
The core development team behind Zcash’s flagship wallet is preparing to relaunch its work under a new company after resigning en masse from Electric Coin Company.
On Jan. 8, former ECC chief executive officer Josh Swihart announced the creation of a new for-profit startup, CashZ, formed by the same team that built the Zashi wallet and contributed to recent Zcash (ZEC) protocol development. The company plans to release a new Zcash wallet, code-named cashZ, using the existing Zashi codebase.
Why the team walked away from ECC
The move follows what Swihart described as a “constructive discharge” stemming from disputes with Bootstrap, the nonprofit that oversees ECC. According to Swihart, changes imposed by a majority of Bootstrap’s board made it impossible for the team to continue operating effectively within the nonprofit structure.
Despite the split, Swihart emphasized that the team remains fully committed to Zcash. No new token is being launched, and the group says its sole focus is scaling Zcash adoption rather than building a separate ecosystem.
We are all in on Zcash.We need to scale Zcash to billions of users.Startups can scale, but nonprofits can't.That's why we created a new Zcash startup.https://t.co/ZurjfTxnPi pic.twitter.com/ksnwLewpPp
— Josh Swihart 🛡 (@jswihart) January 8, 2026
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In a lengthy public statement, Swihart argued that nonprofit governance has become a limiting factor for fast-moving crypto development teams. He said startups are better suited to execute, raise capital, and remain aligned around clear incentives, particularly as regulatory pressure on non-profit entities increases.
He framed the transition as a structural change rather than an ideological break, noting that the Zcash protocol itself is open source and unaffected by the team’s departure. Development, he said, will continue under the new company with the same technical goals.
The cashZ wallet will be a direct continuation of Zashi. Existing Zashi users will be able to migrate with minimal friction once the new wallet goes live, according to the company. A public waitlist is already open.
Market reaction and broader context
ZEC prices responded swiftly to the news of the resignation. The market fell for a short while as confusion and rumors circulated on social media, with some users even claiming the project had been abandoned.
Later, the team stepped in to clarify the situation, re-assuring investors that Zcash’s development is still moving forward under a different structure.
This episode reflects a common struggle in crypto. Foundations tend to move slowly, while startups move fast. Zcash has seen real technical progress in recent months. Still, the CashZ launch shows that how a project is organized can matter more than the protocol itself when it comes to scaling.
Read more: Morgan Stanley plans digital wallet, crypto trading push in 2026
Summary
Former Electric Coin Company staff resigned and formed a new for-profit startup called CashZ.
The team plans to launch a new Zcash wallet built from the existing Zashi codebase.
Developers say the move allows faster development while staying focused on Zcash.
The core development team behind Zcash’s flagship wallet is preparing to relaunch its work under a new company after resigning en masse from Electric Coin Company.
On Jan. 8, former ECC chief executive officer Josh Swihart announced the creation of a new for-profit startup, CashZ, formed by the same team that built the Zashi wallet and contributed to recent Zcash (ZEC) protocol development. The company plans to release a new Zcash wallet, code-named cashZ, using the existing Zashi codebase.
Why the team walked away from ECC
The move follows what Swihart described as a “constructive discharge” stemming from disputes with Bootstrap, the nonprofit that oversees ECC. According to Swihart, changes imposed by a majority of Bootstrap’s board made it impossible for the team to continue operating effectively within the nonprofit structure.
Despite the split, Swihart emphasized that the team remains fully committed to Zcash. No new token is being launched, and the group says its sole focus is scaling Zcash adoption rather than building a separate ecosystem.
We are all in on Zcash.We need to scale Zcash to billions of users.Startups can scale, but nonprofits can't.That's why we created a new Zcash startup.https://t.co/ZurjfTxnPi pic.twitter.com/ksnwLewpPp
— Josh Swihart 🛡 (@jswihart) January 8, 2026
You might also like: Former BitMEX CEO Hayes predicts Zcash could reach $1,000 on privacy demand
In a lengthy public statement, Swihart argued that nonprofit governance has become a limiting factor for fast-moving crypto development teams. He said startups are better suited to execute, raise capital, and remain aligned around clear incentives, particularly as regulatory pressure on non-profit entities increases.
He framed the transition as a structural change rather than an ideological break, noting that the Zcash protocol itself is open source and unaffected by the team’s departure. Development, he said, will continue under the new company with the same technical goals.
The cashZ wallet will be a direct continuation of Zashi. Existing Zashi users will be able to migrate with minimal friction once the new wallet goes live, according to the company. A public waitlist is already open.
Market reaction and broader context
ZEC prices responded swiftly to the news of the resignation. The market fell for a short while as confusion and rumors circulated on social media, with some users even claiming the project had been abandoned.
Later, the team stepped in to clarify the situation, re-assuring investors that Zcash’s development is still moving forward under a different structure.
This episode reflects a common struggle in crypto. Foundations tend to move slowly, while startups move fast. Zcash has seen real technical progress in recent months. Still, the CashZ launch shows that how a project is organized can matter more than the protocol itself when it comes to scaling.
Read more: Morgan Stanley plans digital wallet, crypto trading push in 2026
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