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Today — 28 October 2025Main stream

Gnosis price outlook as GnosisDAO GIP-140 proposal passes

  • GIP-140 revamps GnosisDAO voting with on-chain and beacon data.
  • GNO price dips amid profit-taking and technical resistance.
  • Liquidity limits and stablecoin rules may influence short-term sentiment.

The Gnosis price has experienced modest volatility following the passing of the GnosisDAO GIP-140 proposal, a major governance update aimed at overhauling the platform’s voting mechanisms.

The GIP-140 initiative replaces the current subgraph-based GNO strategy with a suite of strategies that read blockchain state directly from both the execution and beacon layers.

The proposal’s approval marks a significant step toward enhancing the accuracy and reliability of Snapshot voting while adding support for StakeWise tokens and reducing dependency on external data providers.

GIP-140: revamping voting for accuracy and inclusion

GIP-140’s passage reflects a broad consensus among GnosisDAO participants, with 82 votes cast, overwhelmingly in favour of the measure.

The core objective is to eliminate the subgraph dependency, which has historically caused delays and inaccuracies in voting power calculations.

The new system attributes voting power to GNO balances across both the Gnosis Chain and Ethereum, locked GNO holdings, validator balances, and StakeWise’s sGNO and osGNO tokens.

By pulling data directly from on-chain and beacon chain sources, the proposal seeks to create a more robust and transparent voting environment that can better reflect actual stakeholder influence.

The technical implementation involves updating Snapshot’s configuration via a SafeSnap transaction, pointing to aggregator contracts deployed on both Gnosis Chain and Ethereum, as well as a new beacon-chain strategy for staked GNO.

Delegation mechanisms have also been updated to integrate these new sources, ensuring a seamless transition for DAO members accustomed to existing workflows.

The changes position GnosisDAO to handle complex governance requirements while reducing reliance on third-party indexers like The Graph, which previously introduced inconsistencies.

Gnosis price enters consolidation amid profit-taking

Surprisingly, following the approval of GIP-140, the Gnosis price has seen a slight pullback, falling 0.89% over the past 24 hours and underperforming the broader crypto market, which gained 0.06%.

The price movement aligns with profit-taking behaviour after GNO achieved a 7.98% weekly gain and an 8.3% rise during October.

Technical indicators suggest the market is testing resistance around the 30-day simple moving average of $137.93 and the 61.8% Fibonacci retracement level at $138.47.

Gnosis price analysis
Source: CoinMarketCap

While the RSI remains neutral at 53.42, a bearish divergence in the MACD hints at potential short-term consolidation.

In addition, liquidity pressures stemming from CoinDCX’s June 2025 delisting continue to weigh on GNO trading activity.

Despite being months old, the delisting reduced retail access to the token, and the 24-hour turnover ratio of 1.08% remains relatively low compared with broader DeFi sector averages.

Regulatory uncertainties surrounding stablecoins, particularly the relaunch of USDS under the stricter US GENIUS Act, may also indirectly influence sentiment toward Gnosis Chain assets.

Nevertheless, milestones like Gnosis Pay’s $100 million transaction volume suggest that ecosystem adoption could counterbalance some of these headwinds.

Looking ahead

The combination of technical consolidation, lingering liquidity constraints, and regulatory considerations creates a cautious but watchful environment for Gnosis price movements.

Holding the $135–$137 zone could provide the stability needed for renewed momentum, particularly as GnosisDAO’s upgraded Snapshot strategies begin to reflect more accurate voting power across multiple token types.

In the coming weeks, the Gnosis price may respond to both market dynamics and the tangible impact of GIP-140’s execution, particularly if the changes enhance voting accuracy and encourage broader participation in the DAO.

For now, the community appears aligned, and the successful passage of GIP-140 represents a meaningful milestone that could shape GNO’s trajectory in both governance and market performance.

The post Gnosis price outlook as GnosisDAO GIP-140 proposal passes appeared first on CoinJournal.

GRASS price analysis as 181M tokens, 72.40% of supply, get unlocked

  • GRASS price drops as $80M tokens are unlocked.
  • 181M tokens unlocked, raising dilution and sell-off fears.
  • Technical analysis shows weak momentum but hints at a possible rebound.

The GRASS price is under heavy pressure as the market braces for a massive GRASS token unlock event.

With 181 million new tokens — worth more than $80 million — set to flood the market today at 1:30 PM UTC, investors are watching closely to see whether this move signals a deeper downturn or a short-lived shakeout before recovery.

Built on Solana, the Grass network powers a decentralised data infrastructure where users share idle bandwidth to support AI and web-scraping applications.

But despite its strong fundamentals, the latest unlock threatens to overshadow its long-term potential with short-term volatility.

GRASS price struggles under selling pressure

Over the past 24 hours, the GRASS price has fallen by 2.9% to trade near $0.41, underperforming the broader crypto market, which slipped only 0.56%.

The token is now down more than 50% in the past 30 days, reflecting rising investor anxiety ahead of the unlock.

Notably, the upcoming token release will increase the circulating supply by nearly 58%, from 243 million to roughly 424 million tokens.

This surge in available coins raises significant dilution concerns, particularly in a market already grappling with low liquidity.

Unfortunately, data shows that trading volume has dropped by more than 25% over the past week, suggesting thin demand to absorb the incoming supply.

Historically, token unlocks of this magnitude have triggered immediate price declines of 10–30% or more, as early investors and contributors take profits.

GRASS’s decline of nearly 50% over the last month fits that trend, reinforcing the perception that the market has been pricing in the unlock for weeks.

The token unlock has overshadowed Grass’s funding optimism

Earlier this month, Grass secured a $10 million funding round led by Polychain Capital and Tribe Capital to expand its decentralised AI data network.

The investment validated the project’s DePIN model and its 8.5 million active users, but market reaction was subdued.

Instead of fueling a rally, the news coincided with a 6% drop in GRASS’s value as investors focused on the looming unlock.

Part of the concern stems from the nature of the funding, which included token allocations that may add to near-term selling pressure.

As a result, even fundamentally positive developments are being viewed through a bearish lens, with traders preferring to stay on the sidelines until the post-unlock price action stabilises.

Technical outlook hints at fragile stability

Technically, GRASS remains in a pronounced downtrend.

The token trades below all major moving averages, with its 7-day SMA near $0.4266 and 30-day SMA at $0.6243.

Momentum indicators confirm weakness — RSI sits around 35, signalling oversold conditions, while MACD is attempting a modest bullish crossover.

Chart patterns point to a large descending triangle formation, with GRASS hovering close to its lower boundary.

The next major support lies at $0.3126, marking the 2024 low, while resistance is seen near $0.4694 and more prominently at $0.9 — the key point of control (POC) on the Volume Profile indicator.

A breakout above this zone could mark the beginning of a recovery phase, but until volume returns, upside potential remains limited.

Interestingly, Bitcoin’s strength over the weekend triggered a brief wave of optimism, sending GRASS higher on a large green volume candle.

However, follow-through buying has been muted, suggesting that traders are still cautious ahead of the unlock.

What to expect after the GRASS token unlock?

The immediate aftermath of the GRASS token unlock will determine whether this event deepens the sell-off or serves as a reset for future growth.

If selling pressure spikes, GRASS could test new lows below $0.31.

However, if buyers absorb the new supply and RSI begins to recover, a short-term rebound toward resistance near $0.47 may follow.

While GRASS’ fundamentals, anchored in decentralised AI data infrastructure, remain solid, the market’s focus is squarely on supply dynamics and investor sentiment for now.

As the flood of tokens hits exchanges, GRASS will need a compelling proof of demand to convince traders that the worst is behind it.

The post GRASS price analysis as 181M tokens, 72.40% of supply, get unlocked appeared first on CoinJournal.

Router Protocol price breakout as migration airdrop and Router App launch goes live

  • Router Protocol completes migration with an airdrop on Ethereum.
  • ROUTE price gains momentum as the Router App launch boosts interest.
  • Analysts see breakout potential but warn of post-airdrop volatility.

Router Protocol is entering a decisive phase as two major developments converge: the token migration completes with an airdrop for unmigrated balances, and the Router App — powered by the project’s Open Graph Architecture — has gone live.

These events could reshape liquidity, user flows, and market sentiment for the ROUTE token.

Airdrop seals migration

Router Protocol confirmed that unmigrated ROUTE tokens on the legacy Router Chain will be distributed to eligible Ethereum wallets via an airdrop on October 28, 2025.

The team published the eligible-wallet list and framed the distribution as the final step in consolidating the token on Ethereum.

ROUTE Migration Update

As part of moving all ROUTE tokens from Router Chain → Ethereum, the below addresses have unmigrated tokens and hence will receive their tokens via airdrop on Ethereum chain.

Airdrop Date: Monday, October 28
Eligible Wallet List: https://t.co/V1WyUqAgEFhttps://t.co/3xN9SH6fSl

— Router Protocol (@routerprotocol) October 23, 2025

Market participants typically react to migration completions in two ways: some see it as a trust-building milestone that simplifies token management and encourages broader exchange support, while others treat airdrops as near-term sell pressure events when recipients liquidate allocations.

That tension — immediate selling versus longer-term confidence — is why observers expect heightened volatility around the airdrop date.

The migration also follows a larger strategic pivot by the project away from maintaining an independent L1 towards providing cross-chain infra via OGA.

The sunset of Router Chain and consolidation on Ethereum removes fragmentation and ends on-chain inflation tied to validator rewards, according to community commentary.

Router Protocol’s Router App goes live

On August 28, the team launched the Router App, a cross-chain swapping interface built on Open Graph Architecture.

The App aggregates bridges and DEX liquidity across EVM and non-EVM chains, promising smarter routing and the ability to split and reassemble trades in real time.

The announcement positions Router App as the consumer-facing layer of a broader routing standard.

Technically, the Router App’s value proposition is twofold: it offers immediate utility by improving swap efficiency across many chains, and it signals a productization of Router Protocol’s core infra, which may attract both retail users and protocol integrators.

Early adoption metrics, and whether users move meaningful TVL into the App, will matter for price and perception.

ROUTE price reaction: analysts eye a potential breakout

As Router Protocol completes its migration and launches the Router App, analysts and traders are closely watching the ROUTE price for confirmation of a possible breakout.

The token has already shown early signs of strength, maintaining steady gains in recent weeks as attention builds around these milestones.

At press time, ROUTE traded at $0.004541, up 11.7% in 24 hours after hitting a low of $0.003865.

Crypto analyst Chetan has been among the most vocal, noting that ROUTE remains up over 70% since his initial call and is now breaking above a key trend line that has held since November 2024.

Chetan suggests that if the breakout sustains, ROUTE could climb to a minimum target between $0.033 and $0.039, with a maximum upside around $0.10–$0.11.

Chetan frames the setup as a high-risk, high-reward scenario — roughly 50% downside risk versus 5x to 15x potential reward — but stresses the need for patience, saying he’s watching how the quarterly candle closes before adding more.

$ROUTE still up 70% since the buy…. and nearly 2x since its lows…

and now breaking out first time from its November 2024 trend-line….

if the breakout happens then its a possible sign for continuation to 0.033$ – 0.039$ minimum…

maximum it can go for 0.10$ – 0.11$…… https://t.co/7s3Rgy2YRk pic.twitter.com/Wsw9Ts46Hv

— Chetan (@chetangurjar642) September 28, 2025

At the same time, community member Jel has expressed renewed optimism, calling the potential “comeback of $ROUTE” “yuge”, reflecting growing bullish sentiment among long-term supporters.

Jel’s remarks echoed those of Ram from Router Protocol’s core team, who emphasised that the migration marks a fundamental reset for the ecosystem — validator rewards are ending, inflation is dropping to zero, and ROUTE is consolidating fully on Ethereum via Nitro.

Ram also noted that with consolidation complete, centralised exchanges are expected to fully support ROUTE on Ethereum, which could strengthen liquidity and accessibility.

The majority believe that completing the migration and delivering a live, functional cross-chain product could help the token rebuild credibility and attract more trading activity.

However, many warn that immediate volatility is likely after the airdrop as some recipients may take profits.

But if momentum continues alongside growing Router App adoption and Ethereum-based liquidity, the token could confirm its recovery narrative and extend its move higher.

The post Router Protocol price breakout as migration airdrop and Router App launch goes live appeared first on CoinJournal.

First Solana ETFs approved: bulls regain control with eyes on $230

  • Solana ETFs’ launch has boosted institutional interest and market optimism.
  • Bulls target $230 as SOL holds strong above the key $200 support zone.
  • Technical analysis shows rising momentum with resistance near $216–$227.

The long-awaited Solana ETFs have finally been approved, sparking renewed optimism across the crypto market.

The ETFs’ approval has reignited bullish momentum, with analysts believing that the Solana price could soon rally toward $230 and beyond.

Solana ETFs debut fuels optimism

Bitwise and Canary Capital have confirmed that their individual Solana ETFs officially begin trading on October 28 after weeks of regulatory uncertainty.

Bitwise’s product, launched under the ticker BSOL, serves as a gateway for institutional exposure to Solana, featuring staking powered by Helius Labs and a temporary management fee waiver.

Introducing $BSOL — the Bitwise Solana Staking ETF. Starts trading tomorrow.

– First U.S. ETP to have 100% direct exposure to spot SOL
– Maximizing Solana’s 7%+ average staking reward rate*
– Targeting 100% of assets staked
– Staking through Bitwise Onchain Solutions, powered by… pic.twitter.com/Vo8Ko0qOCn

— Bitwise (@BitwiseInvest) October 27, 2025

Grayscale has also moved swiftly, converting its Solana Trust (GSOL) into an ETF holding over $105 million worth of SOL.

Meanwhile, VanEck has also filed its sixth S-1/A amendment, with its Solana ETF status officially changed to “effective” and a 0.3% management fee established.

Adding to the growing momentum, Hong Kong’s first Solana ETF also began trading on Monday, marking Asia’s initial entry into the Solana ETF landscape.

Despite this wave of institutional activity, retail demand for Solana remains subdued.

Futures open interest sits near $9.75 billion — up slightly from the previous day but still below the $10 billion mark — indicating that traders are cautious amid market volatility.

Even so, analysts believe the ETF launches signal a critical turning point for Solana, reinforcing its legitimacy as an institutional-grade digital asset and providing the foundation for its steady hold above $200.

Bulls take charge as momentum builds

While retail demand for Solana remains unresponsive, the Solana price has been climbing steadily from $190 to $205, with short positions fading quickly.

Analysts note that bearish volume profiles are weakening while liquidity accumulates at higher price levels.

This shift has tilted momentum firmly in favour of buyers, with several technical indicators confirming the strength of the ongoing rally.

On the 4-hour chart, Solana trades above both its 50-day and 200-day moving averages, reinforcing the bullish setup.

The Ichimoku Cloud analysis shows a clear breakout, with price holding above key support between $197 and $201 — a signal that often precedes extended upward moves.

The Relative Strength Index (RSI) also hovers near 62, leaving room for additional gains before overbought conditions emerge.

Solana price analysis
Source: CoinMarketCap

Analysts now eye resistance zones between $204 and $208, followed by key hurdles at $216, $227, and $230.

Notably, a confirmed close above $205 could trigger a sustained rally toward these upper levels.

If momentum continues, higher targets around $237 and $253 come into view, aligning with Fibonacci retracement levels that mark previous swing highs.

Technical patterns hint at a repeat of 2023

Market observers have compared the current structure of Solana’s price chart to its 2023 breakout phase.

Analysts such as GalaxyBTC point to an ascending triangle pattern forming on the weekly chart, defined by a series of higher lows that indicate strong accumulation.

$SOL

Same pattern as October 2023.

This Q4 we should break-out from the consolidation into new all-time-highs. pic.twitter.com/pIURlH1YUu

— Galaxy (@galaxyBTC) October 25, 2025

The critical support at $188 remains intact, representing the network’s largest volume cluster where many long-term holders entered the market.

A successful breakout above $200 would confirm the pattern and potentially lead to a test of $215 and $225, echoing the bullish behaviour seen two years ago.

The broader macro picture also appears supportive.

Some traders suggest that if the US Federal Reserve signals an end to quantitative tightening, it could inject much-needed liquidity into the market — providing another tailwind for Solana’s next leg higher.

Long-term outlook stays bullish

Even as short-term traders monitor resistance near $230, long-term analysts remain optimistic about Solana’s broader trajectory.

The asset has maintained a pattern of higher lows since early 2023, and its market structure mirrors the accumulation phase that preceded its previous bull run.

Projections place potential mid- to long-term targets around $300, $390, and even $520 if momentum and institutional demand persist.

In the near term, maintaining support between $198 and $200 is crucial.

If buyers continue to defend this zone, the Solana price could strengthen further, confirming its leadership among major altcoins.

As the first wave of Solana ETFs begins trading, the market’s sentiment has clearly shifted — bears are losing ground, and bulls now have their eyes fixed firmly on the $230 milestone.

The post First Solana ETFs approved: bulls regain control with eyes on $230 appeared first on CoinJournal.

First Hedera and Litecoin ETFs approved: HBAR and LTC prices take off

  • Canary Capital’s HBAR and LTC ETFs approved for launch on Nasdaq.
  • The ETF approvals have sparked bullish momentum for Hedera and Litecoin prices.
  • Institutional interest in Hedera has also grown significantly with new global partnerships.

The long-awaited approval of the Hedera ETF and Litecoin ETF has arrived, marking a pivotal moment for both assets.

With trading set to begin on the Nasdaq, investor enthusiasm has driven renewed interest in HBAR and LTC, sending prices higher as markets react to the historic development.

A breakthrough amid a US government shutdown

In a surprising turn of events, Canary Capital confirmed that its spot ETFs tracking Hedera and Litecoin will launch tomorrow on the Nasdaq.

The approval comes despite the ongoing US government shutdown, which many assumed would halt all Securities and Exchange Commission (SEC) operations.

However, a recent procedural shift allowed issuers to bypass direct SEC intervention by letting their filings automatically go effective after 20 days.

According to Canary Capital CEO Steven McClurg, both ETFs have met all legal requirements and are ready to trade.

Bloomberg ETF analysts Eleanor Terrett and Eric Balchunas confirmed that the NYSE and Nasdaq have certified the required 8-A filings, the final step before shares can begin trading.

This development follows the model used for previous spot crypto ETFs, including those for Bitcoin and Ethereum, but with an even more dramatic twist, given the timing during a government shutdown.

🚨NEW: @CanaryFunds spot $HBAR and $LTC ETFs are now effective and will begin trading on the NASDAQ tomorrow, according to CEO @stevenmcclurg.

“Litecoin and Hedera are the next two token ETFs to go effective after Ethereum,” McClurg told me in a statement. “We look forward to… https://t.co/tPjsjLEE3R

— Eleanor Terrett (@EleanorTerrett) October 27, 2025

Hedera and Litecoin ETFs ignite market excitement

The approval of the Hedera and Litecoin ETFs has energised the crypto market, sparking fresh optimism among investors who view it as another major step toward mainstream adoption.

Hedera’s native token, HBAR, has rebounded strongly, climbing to around $0.21 at press time and reclaiming critical technical levels.

Notably, HBAR’s rise above its 20, 50, 100, and 200 exponential moving averages signals a decisive bullish shift.

At the same time, the Litecoin price is attempting to break through its stubborn $100 resistance level.

LTC price briefly spiked above the $100 mark following the ETF announcement, reflecting heightened investor interest, though it has yet to confirm a full breakout.

Technical indicators, including the Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD), suggest that a sustained move above $100 could mark the start of a broader bullish reversal for Litecoin.

Market data also shows a shift in trading behaviour.

Hedera’s open interest has declined from over $500 million earlier this year to roughly $163 million, indicating reduced speculative leverage.

This suggests that HBAR’s latest rally is being driven more by genuine spot demand than by leveraged futures trading — often a sign of healthier market growth.

Institutional momentum grows for Hedera

Beyond the ETF launch, Hedera’s recent institutional partnerships have strengthened its long-term outlook.

The network has been selected to participate in the Reserve Bank of Australia’s Project Acacia, exploring the use of distributed ledger technology (DLT) in tokenised financial markets.

It has also been chosen by the Bank of England for its DLT Challenge, further cementing Hedera’s position among credible blockchain platforms with real-world use cases.

Meanwhile, asset management giant T. Rowe Price has filed for an actively managed crypto ETF that may include both HBAR and LTC, signalling rising institutional confidence in these networks.

These developments are viewed as reinforcing the credibility of both assets at a time when regulated exposure through ETFs is gaining traction.

What traders should expect

If current momentum holds, Hedera price could test higher resistance zones near $0.25 and even $0.28 in the coming weeks, while Litecoin price may finally break through the $100 ceiling that has capped its rallies for months.

However, analysts maintain that Hedera (HBAR) must stay above $0.21, which has been established as the immediate support, for the bullish momentum to build.

At the same time, Litecoin (LTC) must stay above $99.67 for the $100 to come to effect.

The post First Hedera and Litecoin ETFs approved: HBAR and LTC prices take off appeared first on CoinJournal.

Yesterday — 27 October 2025Main stream

Hyperliquid price forecast after rejection at the 38.2% Fibonacci retracement level

  • Hyperliquid price dips 1.2% amid profit-taking and Aster DEX competition.
  • Upcoming HYPE token unlocks worth $11.9B spark short-term supply concerns.
  • Rising open interest and whale buying signal bullish momentum.

The Hyperliquid price has seen a brief pullback after a significant surge today, shedding 1.2% to trade around $46.57.

Despite this short-term dip, the HYPE token remains up 19.5% over the past week, highlighting continued investor interest and optimism about the project’s long-term prospects.

The retracement follows a strong rally and reflects a blend of profit-taking, technical rejection, and growing competition in the decentralised derivatives space.

Competition and profit-taking weigh on sentiment

After a robust run last week, Hyperliquid encountered selling pressure near the 38.2% Fibonacci retracement level at $49.36.

The failed breakout prompted traders to lock in gains, leading to a brief correction.

The MACD histogram is flipping negative on the 4-hour chart, signalling weakening short-term momentum, while the RSI eased from overbought territory at 69.89, suggesting that the market needed a cooldown after a 19% weekly surge.

Hyperliquid price analysis
Source: CoinMarketCap

Part of the sell-off also reflects the growing rivalry between Hyperliquid and the newly launched Binance-backed Aster DEX.

Since its debut on September 17, Aster has attracted massive trading volumes, processing $20.8 billion on its first day compared to Hyperliquid’s $9.7 billion.

Aster’s rapid adoption and $2 billion in total value locked within a week have shifted liquidity across the decentralised perpetuals landscape, briefly denting Hyperliquid’s dominance.

Still, Hyperliquid maintains a commanding presence in the market.

With a $12.74 billion market cap and a total value locked (TVL) of $4.85 billion, it remains one of the largest decentralised derivatives platforms.

However, traders are watching closely as the project faces near-term headwinds from both external competition and internal supply pressures.

HYPE token unlock fears

The most immediate challenge facing HYPE is a looming token unlock event beginning on November 29.

Around 237.8 million tokens — roughly 24% of the total supply — will begin to unlock over 24 months.

At the current price, this adds nearly $500 million per month in potential sell pressure, partially offset by $65 million in monthly buybacks from the project’s treasury.

This could lead to a monthly imbalance of around $410 million, which could lead to near-term volatility as the market adjusts to the increased supply.

Despite these concerns, the project’s $1 billion treasury filing, connected to the Sonnet Bio and Rorschach merger, could help counterbalance some of the dilution fears.

The treasury’s size and strategic reserves give the team room to manage liquidity and maintain market confidence through buybacks or ecosystem growth initiatives.

On-chain data shows bullish undercurrents

While short-term traders may focus on resistance levels, derivatives, and on-chain data tell a more optimistic story.

Futures open interest (OI) on HYPE has surged from $1.27 billion last Wednesday to $1.97 billion on Monday, the highest level since early October.

Hyperliquid futures open interest
Source: Coinglass

Rising open interest signals new capital entering the market, typically an indicator of growing bullish conviction.

Data from CryptoQuant also shows that whales — large investors — are increasing their positions, with buy orders dominating both spot and futures markets.

This accumulation trend suggests that institutional and high-net-worth participants expect further gains ahead.

Network data reinforces this bullish sentiment.

According to Artemis Terminal, Hyperliquid’s 24-hour chain fee revenue reached $2 million, surpassing edgeX and BNB Chain.

High network fees often correlate with elevated trading activity and liquidity, signalling robust user engagement even amid short-term market uncertainty.

Key technical levels to watch for the Hyperliquid price

Technically, HYPE has shown resilience after breaking above its descending trendline and the 50-day exponential moving average (EMA) at $43.54.

Over the weekend, it held that level as support before climbing back above $48.57.

If the token closes above the next resistance at $51.15, analysts expect the rally to extend toward the record high of $59.46, last seen on September 18.

However, a failure to hold above the $43.54 EMA could open the door for a deeper correction toward the $41.6 support zone.

The post Hyperliquid price forecast after rejection at the 38.2% Fibonacci retracement level appeared first on CoinJournal.

Pi Network price rebounds: 2.7M migrate as bulls target $0.30 breakout

  • 7M users have migrated to Pi mainnet, boosting market confidence.
  • PI Network price is nearing a $0.30 breakout amid tight exchange supply and strong demand.
  • ISO 20022 integration could link Pi to SWIFT and global banking systems.

The Pi Network price has staged a strong rebound, with the PI coin surging above key resistance levels amid renewed market optimism.

This rally comes on the heels of a major mainnet migration involving 2.7 million users and growing anticipation ahead of the network’s ISO 20022 financial integration scheduled for November 22, 2025.

Bulls regain control as Pi Network adoption surges

Pi Network’s market momentum has accelerated in recent days, with the token’s price climbing more than 25% in 24 hours and over 30% over the week.

The price currently hovers near the $0.28 mark, just shy of the psychological $0.30 breakout target eyed by bullish traders.

The price surge follows the completion of mass Know Your Customer (KYC) verification that enabled 2.69 million “Pioneers” to migrate their tokens to the mainnet.

🚨Welcome to the Mainnet! A massive 2.69 million Pioneers have migrated their Pi in the last week alone after a huge KYC verification wave. The ecosystem is expanding rapidly as we approach the Nov 22 ISO 20022 integration. The future of finance is being built now🚀#PiNetwork pic.twitter.com/zU1Myw7oGJ

— PiNetwork DEX⚡️阿龙 (@fen_leng) October 27, 2025

The migration marks one of the largest transitions in Pi’s history and signals growing confidence in the network’s long-term viability.

This migration has triggered a surge in market demand, particularly as millions of tokens were moved into circulation while exchange supplies tightened.

According to PiScan data, centralised exchanges (CEXs) recorded an inflow of more than 2.422 million PI tokens in the past 24 hours, but this was offset by strong accumulation activity.

Pi Coin balances on CEXs
Source: PiScan

In October alone, over eight million tokens exited exchanges, reducing available supply by roughly 2.4%.

This supply squeeze has been a key catalyst in Pi’s latest rally, easing sell pressure and fueling upward momentum.

Technical setup supports Pi Network price recovery

Technically, the Pi Network price is displaying a clear attempt to break out of a bullish pattern.

The token recently exceeded the 50-day Exponential Moving Average (EMA) at $0.2627, a level that previously acted as a strong resistance zone.

A sustained movement above $0.28 could be a confirmation of a breakout that could target $0.36 in the short term.

Momentum indicators, however, paint a mixed picture, with the Relative Strength Index (RSI) currently sitting above 58, suggesting the asset is approaching overbought territory.

At the same time, the Money Flow Index (MFI) hints at slowing inflows, creating the possibility of short-term consolidation before another push higher.

A failure to reclaim $0.28 could trigger a pullback toward $0.20, where strong support has held since mid-October.

Pi Network price analysis
Source: CoinMarketCap

Despite potential volatility, market sentiment remains upbeat.

The network’s strong fundamentals and reduced exchange supply continue to draw traders and long-term holders.

Pi’s recovery from its October low of $0.172 to recent highs around $0.29 underscores the renewed optimism surrounding the project.

ISO 20022 integration boosts real-world confidence

Beyond market charts, Pi Network’s ecosystem continues to mature rapidly.

The project’s upcoming ISO 20022 integration, aligned with the global financial messaging standard, is seen as a gateway to real-world adoption.

The move will allow Pi to connect more efficiently with banking systems, potentially enabling SWIFT compatibility for faster and cheaper cross-border transactions.

Built on the Stellar Consensus Protocol (SCP), Pi Network’s blockchain prioritises scalability, security, and energy efficiency.

This technical framework supports regulatory compliance while minimising environmental impact, positioning Pi alongside ISO 20022-compliant assets like XRP and XLM.

Community confidence has also strengthened as Pi’s automated KYC system verified over 3.36 million users, resolving one of the project’s major bottlenecks.

The growing mainnet base now stands at 2.69 million active users, reflecting sustained ecosystem expansion ahead of the November 22 milestone.

Outlook: Can Pi coin sustain its momentum?

The Pi Network price rebound reflects both technical recovery and growing ecosystem confidence.

While short-term traders eye the $0.30 resistance for signs of continuation, long-term observers point to Pi’s steady progress toward financial standardisation and global interoperability.

As the project approaches its ISO 20022 rollout, Pi Network is steadily bridging the gap between blockchain and traditional finance.

But whether the current bullish run holds or pauses for consolidation, the network’s growing user base, tighter token supply, and upcoming integrations suggest that the Pi Network price may be entering a defining phase in its evolution toward real-world adoption.

The post Pi Network price rebounds: 2.7M migrate as bulls target $0.30 breakout appeared first on CoinJournal.

Cryptocurrency is as ‘property’ under Indian law, rules Madras High Court

  • Madras High Court confirms crypto can be owned and held in trust.
  • WazirX has been barred from redistributing investors’ unaffected XRP holdings.
  • Ruling strengthens investor rights and Web3 governance in India.

In a landmark ruling that could reshape cryptocurrency in India, the Madras High Court has declared that cryptocurrencies qualify as property under Indian law.

The Court’s decision, delivered by Justice N. Anand Venkatesh, affirms that cryptocurrencies can be owned, held in trust, and protected as legal property — a major step in clarifying the legal status of digital assets in the country.

Cryptocurrency in India now recognised as property

The case arose from a petition by an investor whose 3,532.30 XRP coins were frozen after a cyberattack on WazirX, one of India’s largest cryptocurrency exchanges.

In July 2024, the platform suffered a $234 million hack involving Ethereum and ERC-20 tokens.

While the investor’s XRP holdings were not part of the stolen assets, WazirX sought to redistribute all users’ funds under its so-called “socialisation of losses” plan.

Justice Venkatesh firmly rejected the proposal, ruling that each investor’s digital holdings are individual property and cannot be diluted or redistributed to cover exchange losses.

He emphasised that cryptocurrencies, though intangible, possess all the essential attributes of property — they are identifiable, transferable, and exclusively controlled through private keys.

“It is not a tangible property nor is it a currency,” the judge observed. “However, it is a property, which is capable of being enjoyed and possessed in a beneficial form.”

This interpretation grants digital asset holders stronger legal standing, ensuring that their cryptocurrencies are recognised as assets protected under Indian law.

Jurisdiction and investor protection

The Court also settled questions over jurisdiction, dismissing WazirX’s argument that Singaporean arbitration rules applied because its parent company, Zettai Pte Ltd, is based in Singapore.

Justice Venkatesh cited the Supreme Court’s earlier decision in PASL Wind Solutions Pvt Ltd v. GE Power Conversion India Pvt Ltd (2021), noting that Indian courts have authority over assets located within India.

Because the investor’s transactions originated from Chennai and involved an Indian bank account, the Court confirmed that the case fell squarely under Indian jurisdiction.

The court further highlighted that Zanmai Labs Pvt Ltd, which operates WazirX in India, is registered with the Financial Intelligence Unit (FIU) — unlike its foreign parent company or Binance.

This distinction reinforced that Indian exchanges operating domestically are subject to Indian oversight and accountability, particularly in protecting user assets and maintaining transparent custodial practices.

Strengthening Web3 governance

Justice Venkatesh’s decision went beyond individual relief to call for higher standards of corporate governance in the Web3 and crypto sectors.

He urged exchanges to maintain separate client funds, conduct independent audits, and uphold robust KYC and anti-money laundering controls.

These measures, the Court noted, are vital for building trust in the digital economy and protecting consumers from future mishandling of assets.

Legal experts hailed the judgment as a milestone in developing “crypto-jurisprudence” in India.

Vikram Subburaj, CEO of Indian exchange Giottus, described it as a foundational moment that signals to all market participants — exchanges, users, and regulators — that the digital asset space will be held to strong standards of governance and protection.

A foundation for India’s crypto future

The Court’s ruling not only protects the rights of individual investors but also strengthens the broader regulatory framework around digital assets.

By recognising cryptocurrency as property, the judgment fills a crucial legal gap in a country where tax enforcement on crypto remains strict, but investor protections have lagged.

As Justice Venkatesh wrote, courts now serve as the “central stage where the future of digital value is debated.”

Through this ruling, the Madras High Court has given India a clearer picture of ownership, responsibility, and trust in the age of decentralisation.

With cryptocurrency in India now firmly recognised as property under Indian law, the decision marks a turning point for the country’s digital asset ecosystem — affirming that in India, crypto holdings are not just speculative instruments but protected assets under the law.

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Bitplanet becomes South Korea’s first listed firm to buy Bitcoin (BTC)

  • Bitplanet bought 93 BTC in Korea’s first regulated corporate purchase.
  • The firm plans daily Bitcoin buys to reach a 10,000 BTC treasury.
  • Backed by major investors, Bitplanet leads Korea’s Bitcoin adoption.

Bitplanet has made history in South Korea’s financial landscape by becoming the nation’s first publicly traded company to purchase Bitcoin (BTC) through a regulated domestic exchange.

The KOSDAQ-listed technology firm recently acquired 92.67 BTC — worth approximately $10.9 million — marking a new chapter in the country’s corporate embrace of digital assets.

Korea’s first regulated corporate Bitcoin buy

The BTC acquisition positions Bitplanet as a pioneer in compliant Bitcoin adoption within Asia’s evolving financial ecosystem.

For the past month, @Bitplanet_KR has been quietly building the most reliable and compliant Bitcoin treasury infrastructure in Korea — culminating in becoming the first public company to purchase Bitcoin directly through a licensed domestic crypto exchange. As of October 26,… pic.twitter.com/hEmpvh9fUL

— Bitplanet Inc. (@Bitplanet_KR) October 26, 2025

It is the first time a listed company has acquired Bitcoin through a licensed exchange within the country’s regulated financial infrastructure.

Executed entirely under the supervision of South Korea’s Financial Intelligence Unit (FIU), the transaction signals growing confidence among institutional investors that Bitcoin can serve as a legitimate, strategic treasury asset.

The Seoul-based company described the move as a deliberate, rules-based initiative rather than a speculative trade.

Co-CEO Paul Lee explained that the purchase marks the start of a disciplined, long-term accumulation plan designed to reduce timing risks while positioning Bitcoin as a strategic treasury reserve.

The transaction was executed fully in compliance with domestic financial laws, a milestone that could encourage other listed companies to follow suit.

Notably, the timing of Bitplanet’s move coincided with a strong rally in Bitcoin prices, which recently climbed above $115,000 amid optimism about US Federal Reserve rate cuts and increasing exchange-traded fund (ETF) inflows.

By choosing this moment to make its first acquisition, Bitplanet demonstrated not only market awareness but also confidence in Bitcoin’s long-term role as a corporate asset.

From its IT roots to a Bitcoin treasury company

Founded in 1997 as SGA Co., Ltd., Bitplanet has deep roots in IT, cybersecurity, and education technology services.

The company rebranded in September 2025 to reflect a broader shift toward blockchain and Bitcoin-focused ventures.

Its pivot follows the full $50 million acquisition of SGA earlier in the year and the completion of a $40 million fundraising round to support its new treasury strategy.

This strategic transformation underscores Bitplanet’s vision of becoming South Korea’s first institutional-grade Bitcoin treasury company.

The firm has developed a comprehensive infrastructure for compliant digital asset management, including regulated custody solutions, secure storage, and real-time audit systems that meet government and financial oversight standards.

Bitplanet’s management says it intends to accumulate Bitcoin daily through licensed domestic exchanges, aiming to build a reserve of up to 10,000 BTC over time.

This steady, methodical approach minimises exposure to market volatility and mirrors similar strategies employed by firms such as Japan’s Metaplanet, one of Bitplanet’s key backers.

Backed by global Bitcoin advocates

Bitplanet’s Bitcoin strategy is supported by a global network of digital asset investors.

The firm’s backers include Simon Gerovich of Metaplanet, AsiaStrategy, Sora Ventures, UTXO Management, KCGI, Kingsway Capital, and ParaFi Capital — groups known for advancing institutional Bitcoin adoption worldwide.

Their involvement signals strong confidence in Bitplanet’s compliance-focused model and its potential to establish a new standard for Bitcoin treasury management in Asia.

Industry observers believe the company’s regulated approach could pave the way for broader corporate participation in South Korea’s growing digital asset market.

The BTC purchase also aligns with the country’s forthcoming Digital Asset Basic Act, scheduled to take effect by 2027, which will formalise the rules for cryptocurrency custody and corporate holdings.

By moving early, Bitplanet positions itself to benefit from the regulatory clarity that this law is expected to bring.

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Western Union is piloting a stablecoin-based settlement system for global remittances

  • Western Union is testing stablecoin settlements for faster remittances.
  • The GENIUS Act in the United States has boosted confidence in blockchain-based payment systems.
  • The company plans on/off-ramp partnerships to link crypto and fiat.

Global payments leader Western Union is preparing to launch a pilot project that will test a stablecoin-based settlement system aimed at transforming the speed, transparency, and cost efficiency of cross-border remittances.

The initiative marks one of the company’s boldest moves yet into blockchain technology and comes at a time when traditional financial institutions are increasingly exploring digital asset solutions.

Western Union eyes blockchain for faster settlements

During the company’s third-quarter earnings call, CEO Devin McGranahan revealed that Western Union is “actively testing stablecoin-enabled solutions” designed to reduce the firm’s dependence on traditional correspondent banking systems.

The pilot will focus on using on-chain settlement rails to move funds more efficiently across the globe while maintaining compliance and customer trust.

McGranahan emphasised that on-chain settlements could allow Western Union to move money faster, cut operational costs, and increase transparency across its vast international network.

With more than 150 million customers in over 200 countries, the company processes roughly 70 million money transfers each quarter.

The shift to blockchain-powered settlements could mark a major leap in how it manages global liquidity and treasury operations.

Stablecoins — digital assets pegged to stable currencies like the US dollar — are increasingly viewed as a key tool for improving international payment systems.

They offer near-instant transfers and lower transaction fees, making them particularly appealing for firms that operate in regions with high remittance flows or limited banking access.

GENIUS Act sparks institutional confidence

Western Union’s decision to move forward follows the passage of the GENIUS Act, a landmark US law signed in July that provides a regulatory framework for stablecoin issuers.

The law has given traditional financial institutions greater confidence to explore digital assets, reducing uncertainty around compliance and consumer protection.

McGranahan noted that the GENIUS Act has opened new doors for the company to experiment with digital assets safely and responsibly.

McGranahan said, “Historically, Western Union has taken a cautious stance toward crypto. However, with clearer rules now in place, we are seeing real opportunities to integrate digital assets into our business.”

The law’s passage has also accelerated stablecoin adoption among Western Union’s competitors and partners.

Mastercard, MoneyGram, and PayPal have each launched or announced their own stablecoin initiatives in recent months, signalling growing institutional momentum behind blockchain-based payments.

Building a bridge between traditional finance and crypto

Beyond its treasury operations, Western Union is exploring partnerships that would position its global network as an on-ramp and off-ramp for digital assets.

McGranahan said the company is in discussions with potential partners interested in using its infrastructure to connect the traditional banking world with the digital asset ecosystem.

Such integration could allow customers to move seamlessly between fiat currencies and stablecoins — especially in regions with underdeveloped banking systems.

Western Union also plans to expand partnerships that enable customers to hold, send, and receive stablecoins, offering them more flexibility in managing funds and preserving value in inflation-prone economies.

The US Treasury Department estimates that the stablecoin market has already surpassed $300 billion and could reach $2 trillion by 2028.

Notably, Western Union’s initiative places it among a growing group of financial institutions seeking to capture a share of that rapidly expanding market.

Western Union’s digital transformation

While this pilot represents a major step forward, it is not Western Union’s first foray into blockchain.

The company previously tested Ripple’s XRP network for cross-border payments in 2015 and again in 2021.

It also filed multiple trademarks in 2022 for crypto-related services, signalling long-term interest in the digital asset space.

McGranahan has repeatedly stressed that the company’s goal is not just to follow industry trends but to modernise how money moves globally.

By leveraging stablecoins, Western Union aims to make international remittances faster, cheaper, and more inclusive — without compromising on trust or compliance.

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JPYC Inc. launches first yen-backed stablecoin alongside issuance and redemption platform

  • JPYC launches Japan’s first yen-backed, FSA-approved stablecoin.
  • Japan’s megabanks plan joint yen-stablecoin via MUFG’s Progmat.
  • JPYC targets 10 trillion yen issuance within three years.

JPYC Inc., a Tokyo-based fintech company, has officially launched Japan’s first yen-backed stablecoin, signalling a major shift in the nation’s approach to regulated digital assets.

The stablecoin, named JPYC, went live on October 27, 2025, following approval from Japan’s Financial Services Agency (FSA).

The stablecoin is fully backed by domestic bank deposits and Japanese government bonds, ensuring one-to-one convertibility with the yen.

Japan’s bold step into regulated stablecoins

The launch of JPYC marks a historic moment for Japan, making it the first country to circulate a stablecoin fully pegged to its national currency with full regulatory backing.

Alongside the stablecoin, JPYC introduced JPYC EX, a platform that enables users to issue and redeem the token.

The system follows strict identity verification and anti-money-laundering standards under Japan’s Act on Prevention of Transfer of Criminal Proceeds.

JPYC’s President, Noriyoshi Okabe, described the launch as a “major milestone in the history of Japanese currency.”

He said the initiative has already attracted interest from seven companies preparing to incorporate the coin into their services.

The company aims to issue up to 10 trillion yen worth of JPYC within three years while promoting it for both domestic and international use.

To encourage adoption, JPYC will not charge transaction fees initially. Instead, it will earn revenue from interest accrued on Japanese government bond (JGB) holdings.

Okabe explained that the goal is to reduce settlement costs and support innovation by offering businesses a low-fee digital transaction system.

Megabanks prepare to enter the stablecoin arena

According to a credible source, Japan’s three largest banks — Mitsubishi UFJ Financial Group, Sumitomo Mitsui Banking Corporation, and Mizuho Bank — are also preparing to launch their own yen-backed stablecoins on October 31.

Their joint initiative will use MUFG’s Progmat platform to facilitate corporate settlements, connecting hundreds of thousands of payment terminals across Japan.

Experts say these institutional moves could accelerate stablecoin adoption.

Tomoyuki Shimoda, a former Bank of Japan executive and current academic at Rikkyo University, believes that while yen-based stablecoins may take two to three years to achieve widespread use, megabank participation could quicken the pace.

But despite optimism, regulators and policymakers are treading carefully.

The Bank of Japan’s Deputy Governor, Ryozo Himino, has acknowledged that stablecoins could become “a key player in the global payment system,” potentially altering the role of traditional bank deposits.

However, officials remain cautious about the risks of funds flowing outside regulated financial systems.

JPYC’s debut signals Japan’s digital finance ambitions

The global stablecoin market, valued at over $286 billion, is currently dominated by dollar-pegged assets like Tether’s USDT and Circle’s USDC, which make up around 99% of total supply.

The introduction of a fully yen-backed digital currency represents Japan’s first significant step toward diversifying that landscape.

JPYC’s launch also reflects Japan’s broader ambitions to modernise its financial infrastructure.

By leveraging blockchain technology and government-backed reserves, the firm hopes to build trust in digital payments and enhance cross-border interoperability.

As other Asian economies such as South Korea and China explore similar initiatives, Japan’s early move could position it as a regional leader in stablecoin innovation.

JPYC’s no-fee model, backed by government bonds and regulatory approval, sets a unique precedent for how digital currencies can coexist with traditional financial systems.

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Before yesterdayMain stream

Payment processor Zelle taps stablecoins for cross-border payments

  • Zelle will use stablecoins for faster cross-border money transfers.
  • The recently passed GENIUS Act in the US gives clear rules, fueling Zelle’s global innovation push.
  • Major US banks are backing Zelle’s blockchain-based cross-border network.

Zelle, the payments processor that is widely used by millions of Americans for instant peer-to-peer (P2P) transfers, will now use stablecoins to power international transactions.

Notably, the move, announced by Zelle’s parent company Early Warning Services, underscores how digital tokens backed by fiat currencies are rapidly reshaping global finance.

Zelle goes global with the stablecoins integration

For years, Zelle has been a staple of domestic banking apps, allowing users to send and receive money in seconds.

Now, Early Warning Services says it will expand that speed and reliability to cross-border transfers using stablecoins.

The initiative aims to make international payments as seamless as Zelle’s domestic ones — faster, cheaper, and more dependable than traditional methods.

“Zelle transformed how Americans send money at home,” said Early Warning CEO Cameron Fowler.

“Now, we’re beginning the work to bring that same level of speed and reliability to Zelle consumers sending money to and from the United States.”

Fowler added that the company is investing where “consumer need, bank capability, and global opportunity intersect.”

Early Warning Services, jointly owned by Bank of America, JPMorgan Chase, Wells Fargo, Capital One, PNC, Truist, and US Bank, said the initiative will be available to all financial institutions in the Zelle Network.

The company, which partners with more than 2,500 banks and credit unions, described the new program as a foundation for “faster and more reliable cross-border money movement.”

Zelle’s move is fueled by regulatory clarity in the US

Zelle’s international expansion comes amid a friendlier regulatory climate for digital assets in the United States.

The US GENIUS Act, signed into law earlier this year, created a federal framework for issuing and overseeing stablecoins.

Early Warning CEO said that with clearer rules, Zelle can innovate “more quickly” and focus on safely scaling its network across borders.

Under the Trump administration, regulators have taken a more accommodating stance toward blockchain-based assets.

That clarity has encouraged not only Zelle’s parent company but also major corporations like Amazon, Meta, and PayPal to explore their own stablecoin projects.

And the timing is right. According to market data from Myriad, the total capitalisation of stablecoins stands at $312 billion and is projected to exceed $360 billion by January 2026.

Standard Chartered recently estimated that stablecoins could shift as much as $1 trillion in deposits away from banks in emerging markets within three years.

In addition, Zelle’s decision also reflects intensifying competition in global payments.

Fintech players such as PayPal, Revolut, and MoneyGram have already built cross-border offerings that appeal to younger, digital-first users.

Traditional remittance providers like Western Union face growing pressure as new technology makes international transfers faster and less expensive.

Despite entering the peer-to-peer space later than Venmo or Cash App, Zelle quickly became a dominant force in domestic payments.

It now processes roughly twice as many daily transactions as Venmo and five times as many as Block’s Cash App.

That scale gives Early Warning Services confidence that its stablecoin-powered model can compete globally, backed by the trust and regulatory credibility of the US banking system.

The post Payment processor Zelle taps stablecoins for cross-border payments appeared first on CoinJournal.

What next for Avantis price after the 73% recovery?

  • Avantis whale activity remains weak despite strong short-term price gains.
  • Technical breakout hints at reversal, but confirmation needs $1.00 break.
  • TVL surge and new listings boost adoption amid rising volatility.

After a steep correction that erased much of its September gains, the Avantis price has staged an impressive rebound, rising 73% over the past week and 31.9% in the last 24 hours.

The AVNT token is now trading around $0.86, still nearly 59% below its September peak of $2.66.

While the recovery has rekindled investor optimism, the question remains — can this rally hold, or is it merely a temporary reprieve in a larger downtrend?

Whales are still on the sidelines

Despite the sharp recovery, large investors appear hesitant to jump back in.

On the daily chart, the Chaikin Money Flow (CMF), a key indicator of whale participation, remains below zero, showing that major wallets are not yet accumulating AVNT.

Avantis price chart
Source: TradingView

Historically, the Avantis price has moved in tandem with whale inflows; its September surge to an all-time high coincided with CMF turning positive.

Since the indicator slipped below zero on September 26, the market has seen sustained selling pressure.

While CMF has slightly improved in recent sessions, the momentum is weak.

The lack of significant whale support casts doubt on the rally’s durability.

For a genuine reversal to take hold, CMF needs to cross decisively into positive territory, confirming renewed institutional confidence.

Technical patterns hint at a possible shift

From a technical standpoint, Avantis appears to be trying to flip its bearish script.

The token recently broke out of a falling wedge pattern on the 12-hour chart, a formation often associated with a trend reversal.

The Relative Strength Index (RSI) sits at 52.1, and the MACD histogram has turned slightly positive at +0.0088 — both signs of growing bullish momentum.

However, beneath these signals lies a warning.

Between October 10 and 21, the Avantis chart formed a hidden bearish divergence, where prices made lower highs while RSI posted higher highs.

This pattern can foreshadow weakening upside pressure.

A close above $1.00 would invalidate this bearish setup, confirming stronger buying interest.

Until then, traders remain cautious, especially with key support anchored around $0.57.

Rising TVL and platform growth fuel optimism

Fundamentally, Avantis’ ecosystem continues to show progress.

The project’s Total Value Locked (TVL) recently surpassed $111 million, up more than 430% in a month.

Much of this growth stems from its synthetic asset trading platform on Base Chain, which has attracted new liquidity and users.

The development of composable yield products is also boosting engagement, as AVNT’s staking and governance features tie directly to network revenue.

This rise in TVL not only reflects increasing adoption but also suggests stronger underlying demand for the AVNT token.

The platform’s expansion reinforces its long-term utility case, even as short-term market sentiment fluctuates.

Exchange listings have added liquidity — but also volatility

AVNT’s recent listings on Binance, Upbit, and Coinbase have dramatically increased liquidity, with daily trading volume now exceeding $307 million — roughly 2.4 times its market capitalisation.

Such high turnover indicates speculative enthusiasm, but it also underscores the market’s instability.

Following the listings in September, AVNT soared by nearly 400% before correcting by 60% in the weeks that followed.

The current rebound, though encouraging, remains fragile unless sustained by organic demand rather than short-term trading.

Avantis price outlook

In the short term, all eyes are on whether the Avantis price can maintain momentum above the $1.00 resistance.

Breaking this level would signal the start of a broader trend reversal and could open the path toward $1.32 and potentially $2.66 — the previous all-time high.

Failure to hold above $0.57, however, could invite renewed selling and a retest of lower levels near $0.46.

The post What next for Avantis price after the 73% recovery? appeared first on CoinJournal.

ApeCoin price forecast: weak bullish momentum signals risk ahead

  • The current ApeCoin price rally is driven by a technical breakout and legal clarity.
  • The bullish momentum, however, remains weak below key moving averages.
  • Upcoming token unlock and low adoption pose downside risks.

ApeCoin price has showed a sharp intraday today, but the gains mask fragile market dynamics.

While traders cheer the 16.2% 24-hour jump and burst in volume, multiple indicators point to follow-through risk.

Technical signals waver

ApeCoin has posted a notable breakout above short-term moving averages, briefly crossing the 7-day SMA and the 30-day EMA.

The MACD histogram has flipped positive, and the RSI-7 has moved out of the oversold territory, giving traders a short-term bullish signal.

The trading volume has also spiked dramatically to roughly $147 million, an increase that accompanied the price surge and amplified market attention.

However, deeper trend metrics tell a different story.

On higher timeframes, APE still trades below its MA-20, MA-50, and the MA-200, which keeps the longer bias tilted toward sellers.

Several momentum indicators remain inconsistent: some show bullish crossovers, while MACD on daily charts and ADX readings suggest persistent bearish momentum.

That mix creates whipsaw risk for momentum traders.

Legal relief boosts sentiment but isn’t a cure

ApeCoin’s market sentiment improved after a US court ruling in early October that reduced regulatory overhang by finding APE and related NFTs did not meet the Howey Test criteria.

Following the ruling, crypto exchanges publicly reaffirmed support, and institutional concern eased.

There is no doubt that the court ruling removed a headline risk that had weighed on price discovery for months.

However, legal clarity alone does not guarantee sustained demand.

Institutional adoption requires clear use cases and measurable on-chain activity.

Cross-chain growth looks promising but shallow

The expansion of Rapid ApeCoin Integration Deployment (R.A.I.D.) to networks such as Solana and Hyperliquid created new pathways for DeFi usage and gasless experiences.

These integrations broaden APE’s utility narrative and paved the way for new product experiments.

However, reported TVL across those integrations was modest, implying speculative trading drove much of the volume surge.

The market reaction underscores a familiar pattern: headline integration announcements can trigger big short-term price moves, while real adoption takes time.

Until developers and users materially increase activity, price appreciation will remain vulnerable to profit-taking and broader crypto market moves.

What to watch: ApeCoin price levels to watch

Key technical thresholds are straightforward and actionable. Analysts point to $0.459 as a critical support level to sustain bullish momentum.

According to CoinLore, a confirmed move above $0.4841 would open room toward higher resistance at $0.6660 and then $0.8718.

Conversely, downside scenarios grow if APE fails to hold above $0.459, or if it drops toward the $0.3402–$0.3953 five-day expected range.

An additional event to monitor is the scheduled 200 million token unlock at the end of October.

That token unlock could increase selling pressure and test the market’s ability to absorb newly liquid supply.

Traders should treat the unlock as a near-term macro event that could constrain rallies.

The post ApeCoin price forecast: weak bullish momentum signals risk ahead appeared first on CoinJournal.

XRP on the edge: from 15% slump to supply shock — is a $12 breakout next?

  • Recently, XRP dropped 15% as Bitcoin slipped just 1%, showing amplified volatility.
  • XRP ETF delays and $8.13M in liquidations deepened XRP’s monthly decline.
  • Analysts see XRP rebounding toward $5–$12 if ETF-driven supply shock hits.

XRP price has become the focal point of heated debate after the token slid roughly 15% over the past month while the Bitcoin price barely moved.

Market commentators and analysts are asking why XRP would suffer such a steep pullback when the broader market appeared comparatively steady.

The answer, they say, lies in correlation dynamics, liquidations, regulatory lag and nascent institutional activity.

The sharp divergence with Bitcoin

In October, both Bitcoin and XRP rallied, with Bitcoin staying above the six-figure levels and XRP flirting with the $3 mark.

Profit-taking followed quickly, and altcoins absorbed most of the pain.

Traders who had piled into XRP were hit especially hard; one stretch of trading erased about $8.13 million of leveraged positions within four hours.

That sequence amplified losses and sent XRP below the $2.50 support level it had failed to hold after the upswing.

Charles Gasparino, a senior correspondent known for market coverage, spotlighted the paradox: Bitcoin fell only about 1% over the month, yet XRP plunged around 15%.

Why is BTC down 1 percent over the past month but XRP is down 15 percent?

— Charles Gasparino (@CGasparino) October 24, 2025

The contrast underscores a structural reality where XRP has historically tracked Bitcoin’s moves but with greater intensity.

When BTC stumbles or consolidates, that sensitivity can turn into outsized downside for XRP.

XRP price and the ETF supply shock

Beyond short-term mechanics, a longer-term narrative is reshaping investor expectations.

Analyst Zach Rector has argued that the launch of multiple spot XRP exchange-traded funds and similar institutional vehicles could effectively remove a substantial portion of circulating supply from the market.

According to Rector, that “supply shock,” Rector says, would create the conditions for a dramatic price re-rating, with conservative models pointing to targets ranging from $5 up to double-digit territory — even as high as $12 by December 2025.

🧵Final 2025 XRP Timeline 🧵
XRP November Pump Coming ✅
$5-$12 XRP by first part of December 🚨

— Zach Rector (@ZachRector7) October 22, 2025

The regulatory backdrop also matters. Bitcoin and Ethereum have benefited from cleared paths to ETF adoption that flooded both markets with fresh capital.

XRP, by contrast, still faces an unresolved approval picture for spot ETFs in many jurisdictions.

That delay has likely depressed demand from risk-averse institutional buyers and made the token more sensitive to retail flows and sentiment shifts.

At the same time, data points show growing institutional interest via derivatives: CME-listed XRP and Micro XRP futures have recorded substantial contract volumes over recent months, a sign that professional desks are increasingly engaging the token.

XRP price analysis

From a technical analysis standpoint, the $2.30 area acted as a concrete support during mid-month liquidations, and the bounce to around $2.50 suggests buyers remain interested at those prices.

XRP price analysis
Source: CoinMarketCap

A sustained break above $3.40 would, in many analysts’ views, open a path toward $5.5, and if ETF-driven supply lockups occur, upside to substantially higher levels becomes plausible.

On-chain signals constructively complicate the picture.

The XRP Ledger is approaching a major transaction milestone, nearing 100 million recorded transfers.

That activity signals ongoing utility and adoption within payments and DeFi niches where XRP has carved a role.

Such resilience in on-chain throughput can buttress confidence even when price action looks shaky.

Assessing the path forward means weighing an array of forces: correlation-driven volatility, liquidation dynamics, regulatory clarity, and institutional adoption through derivatives and potential ETFs.

Short-term traders must manage the heightened risk that comes with XRP’s amplified moves.

Long-term investors, on the other hand, should watch ETF developments and on-chain adoption as the main levers that could catalyse the next leg of momentum.

The post XRP on the edge: from 15% slump to supply shock — is a $12 breakout next? appeared first on CoinJournal.

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