• Securitize will become a public company in a merger deal with Cantor Equity Partners II.
• The tokenization platform is eyeing a $1.25 billion valuation via the SPAC deal.
• BlackRock is among top asset managers to use Securitize to bring assets onchain.

Securitize, a pioneering platform in asset tokenization, has announced its intention to go public through a merger with Cantor Equity Partners II, valuing the company at $1.25 billion.

The platform disclosed the strategic move on October 28, 2025, with this set to mark a major development for the tokenization industry.

Securitize is at the forefront of bringing global financial institutions onchain.

Securitize going public at $1.25 billion valuation

The move sees it join a growing number of crypto-focused companies going public across Wall Street and elsewhere.

In its case, the platform, renowned for its role in tokenizing assets for entities such as BlackRock and Apollo, will merge with Cantor Equity Partners II as it eyes the $1.25 billion listing.

Cantor Equity Partners is a special purpose acquisition company (SPAC) sponsored by Cantor Fitzgerald.

The transaction is anticipated to generate up to $469 million in gross proceeds, including a $225 million private investment in public equity (PIPE) financing round.

This capital infusion will enhance Securitize’s ability to scale its operations and advance its mission of making capital markets more accessible and efficient through tokenization.

8/ The deal is expected to deliver $469M of gross proceeds consisting of an upsized $225 million in committed common stock PIPE, anchored by new and existing blue-chip institutional investors, and $244 million of cash held in CEPT’s trust account, assuming no redemptions.

— Securitize (@Securitize) October 28, 2025

The merged entity, to be renamed Securitize Corp., will list on Nasdaq under the ticker symbol “SECZ.” 

Securitize cements industry leadership

Going public sees Securitize cement its position as a leader in the tokenization space.

The platform, which has facilitated over $4 billion in tokenized assets, could attract even more attention as a public entity.

The company’s platform offers a comprehensive ecosystem, integrating with major blockchains and financial institutions.

It stands out as the first vertically integrated, SEC-registered tokenization provider.

BlackRock and Apollo are among firms to tokenize funds with Securitize.

“This is a defining moment for Securitize and for the future of finance,” said Carlos Domingo, co-founder and chief executive officer of Securitize. “We founded this company with a mission to democratize capital markets by making them more accessible, transparent, and efficient through tokenization. This is the next chapter in making financial markets operate at the speed of the internet and is another step in our mission to bring the next generation of finance onchain and tokenize the world.”

The public listing of Securitize is expected to accelerate the adoption of tokenization across traditional financial markets. Cantor Fitzgerald CEO Brandon Lutnick noted:

“We believe that blockchain technology has massive potential to transform finance, and partnering with Securitize underscores our confidence in tokenization as a foundational force in the next era of capital markets.”

The real-world asset (RWA) tokenization market has expanded by 135% over the past year, reaching a total value of $35 billion, according to recent data.

Analysts at Citi project that the tokenized RWA sector could climb to nearly $4 trillion by 2030.

The post Securitize to go public via $1.25 billion SPAC deal appeared first on CoinJournal.

Wall Street was upbeat Tuesday, with Dow Jones Industrial Average rising more than 150 points and S&P 500 and Nasdaq jumping to record highs as Nvidia and a Microsoft-OpenAI deal boosted US stocks.  With the Federal Reserve interest rate decision…

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Institutional staking infrastructure platform Figment, which boasts over $18 billion in assets under stake, has partnered with Coinbase to expand its solution. Figment’s expansion is via a strategic integration with Coinbase Prime, a full-service prime brokerage service. The platform announced…

• Polygon has integrated with Manifold Trading.
• The partnership focuses on decentralized finance with key being institutional liquidity.
• POL token traded near $0.20 amid the news.

Polygon Labs has announced a strategic partnership with Manifold Trading as it looks to boost Polygon’s decentralized finance (DeFi) ecosystem.

The platform revealed the integration with the quantitative trading firm via a press release on October 28, 2025. 

The news came as POL, the native token of the Polygon network, gained amid broader market optimism.

At the time of writing, POL hovered above $0.20.

Polygon partners with Manifold

Institutional-grade execution is the main take of Polygon Lab’s partnership with Manifold.

According to the announcement, the integration represents a deliberate effort to elevate the infrastructure of DeFi platforms within Polygon’s ecosystem.

At its core is Manifold’s proprietary quantitative models and high-frequency trading algorithms.

The integration brings the firm’s institutional infrastructure and experience to Polygon.

The alliance focuses on integrating Manifold’s execution engine directly into Polygon’s AggLayer, with Manifold deploying its sophisticated order routing and market-making tools tailored for DeFi environments to the Ethereum scaling solution’s network.

“Access to deep, stable liquidity is foundational to any mature financial system,” said Maria Adamjee, head of investor relations at Polygon Labs. “Manifold’s ability to actively manage spreads, size, and responsiveness across multiple venues makes them an ideal ecosystem partner as we continue scaling institutional-grade DeFi across the Polygon ecosystem.”

This integration is expected to roll out progressively.

Institutional liquidity comes to Polygon’s DeFi ecosystem

At the centre of this partnership is the infusion of institutional liquidity into the DeFi ecosystem, addressing longstanding challenges such as fragmented pools and volatile pricing.

Manifold’s quantitative models excel in providing deep liquidity through automated market-making and predictive analytics, which can dynamically adjust to market conditions.

“Polygon has become one of the most active venues for DeFi innovation,” said Noah Hanover, quantitative developer at Manifold. “We’re focused on supporting market stability and depth at scale, so that traders, protocols, and capital allocators can operate in a liquid, reliable environment.”

The integration aligns with broader market and regulatory trends.

Many top platforms are incorporating features such as on-chain proof-of-reserves and compliance hooks to appeal to enterprise adopters. 

Polygon, which recently activated its Rio upgrade to boost network transaction speed, efficiency, and cut fees, is one of the platforms eyeing greater traction.

Part of the growth has earned recognition. Ethereum co-founder Vitalik Buterin recently lauded Polygon’s role in pioneering zero-knowledge proofs.

Polygon price

POL is the native token that powers the Polygon ecosystem.

It functions as the platform’s native gas and staking token, which means it helps to secure the network as well as allow users access to the growing number of apps built on Polygon.

This marks POL as a token with real utility, a factor that has seen its price grow significantly amid both retail and institutional demand.

At the time of writing, POL traded above $0.20, a key level for bulls following recent declines

The post Polygon partners Manifold to boost DeFi ecosystem appeared first on CoinJournal.

Oracle has announced the upcoming launch of Digital Assets Data Nexus, an enterprise-grade platform aimed at helping banks and financial institutions to tap into crypto and asset tokenization. Digital Assets Data Nexus is designed to help banks and financial institutions…

Polygon is integrating Manifold Trading, an institutional-grade quant firm to tap into data-driven liquidity and institutional-grade execution features for its decentralized finance ecosystem. Polygon Labs announced its move to join forces with the quantitative investment firm Manifold via a press…

• KernelDAO price jumped to highs of $0.23 amid Upbit listing news.
• The KERNEL token reached an all-time high above $0.46 in April, and it could target this mark next.
• Gains across the crypto market will catalyse an uptick for the token.

KERNEL, the native token of restaking protocol KernelDAO, spiked more than 25% to hit highs of $0.23 early Tuesday.

While bulls are battling to hold onto the gains, the uptick saw the token rank among the top performers across the crypto market.

Given overall crypto sentiment, could Upbit listing help KERNEL price extend its upward momentum amid interest in restaking protocols?

Upbit listing propels KERNEL to $0.23 high

As noted, the catalyst for KERNEL’s vertical price ascent today is likely trader reaction to Upbit’s announcement.

On October 28, 2025, the leading South Korean crypto exchange confirmed the token’s listing on its KRW market, adding support for trading on the Ethereum network.

The listing ignited immediate buying pressure, with KernelDAO daily volume spiking as bulls propelled KERNEL from lows of $0.16 to an intraday peak of $0.23 as of writing.

Notably, daily volume stood at over $316 million, up a staggering 1,540% in the past 24 hours.

With gains of over 20%, KERNEL ranked among the few top altcoins with double digit price movements on the day.

KernelDAO price hovered in the list of top gainers alongside Hedera’s HBAR, Pump.fun’s PUMP and Bittensor’s TAO tokens.

Why such interest in KernelDAO?

KernelDAO is a leading restaking protocol behind a $1.7 billion total value locked ecosystem.

The YZi Labs-backed project is live across top blockchains, including Ethereum and BNB Chain.

Notably, it boasts key products like Kernel, Kelp, Gain, and Kred, a recently introduced product focused on real-world assets.

Upbit’s listing is the latest in bullish support for the KERNEL token, with the South Korean crypto exchange known for its active trading community.

The listing not only boosts KERNEL’s visibility but also taps into fresh liquidity pools.

KernelDAO is a restaking infrastructure platform that provides a range of staking-related services.

It enables restaking on the BNB Chain, supports BNB Liquid Restaking Tokens (LRTs), and offers Bitcoin (BTC) restaking opportunities.

In addition, the project operates an Ethereum-based restaking protocol that runs directly on the Ethereum network.

This system includes a vault-style smart contract designed to manage staked ETH, rsETH, and liquid staking token (LST) assets.

The platform’s native KERNEL token serves multiple purposes, including governance, restaking, and slashing insurance within the ecosystem.

KernelDAO bulls target $0.50 next

KERNEL price reached an all-time high of $0.46 in April 2025, and while it dropped to lows of $0.09 in June, it has recovered by more than 115% since.

Current prices around $0.19 means bulls are about 57% off the all-time peak.

As the broader cryptocurrency market rebounds amid various catalysts, including renewed institutional interest, regulatory clarity in key regions, and macroeconomic shifts favoring risk assets, KernelDAO looks set to benefit.

DeFiLlama shows the protocol’s total value locked (TVL) has pumped to over $1.7 billion.

As such, gains across the restaking sector could add further fuel to KernelDAO’s ecosystem.

Targets on the upside include the ATH and a breakout above $0.50.

On the downside, buyers need robust activity around $0.18 and $0.16.

The post KERNEL price goes vertical on Upbit listing, hits $0.23 appeared first on CoinJournal.

• Avalanche price is looking to hold the $20 level.
• Nasdaq-listed AgriFORCE has shareholder approval to roll out an Avalanche treasury strategy.
• The company says it’s eyeing a $700m AVAX treasury strategy.

Avalanche price holds above the $20 mark amid news that Nasdaq-listed company AgriFORCE Growing Systems has secured shareholder support for a bold pivot into the Avalanche ecosystem.

The AVAX token, which has bounced off lows of $18 in the past week, shows notable resilience amid broader market optimism around a potential altcoin explosion.

AgriFORCE eyes $700 million AVAX treasury bet

Nasdaq-listed AgriFORCE, a company traditionally rooted in sustainable agriculture technologies, is eyeing an aggressive pivot into the crypto treasury strategy ecosystem.

Specifically, the company wants to become the first publicly traded entity on Nasdaq dedicated exclusively to the Avalanche blockchain network.  AVAX One is the new company.

On October 27, AgriFORCE revealed it had secured special shareholder approval for the initiative .

A $300 million capital infusion and a further $250 million offering are set to fund an aggressive AVAX treasury strategy.

In the process of acquiring and holding AVAX tokens, AgriFORCE is poised to commit up to $700 million in exposure through direct purchases, staking, and ecosystem participation.

Matt Zhang, founder of Hivemind and nominated chairman of the AgriFORCE board, commented:

“With this mandate from shareholders, we can now proceed to close the transaction and begin the focused work of accumulating AVAX strategically and creating the Berkshire Hathaway of the on-chain financial economy.”

AVAX price holds above $20: Is $40 next?

Amid the corporate enthusiasm, the Avalanche native token shows resilience.

While the price of AVAX fell from highs of $21 this week, bulls managed to recover from lows of $18. Maintaining stability above the critical $20 psychological level signals a potential bullish momentum that will align with the broader cryptocurrency market.

If bulls break above $30, the altcoin could target prices above $40. As well as tokenization, catalysts such as institutional inflows and narrative shifts around spot exchange-traded funds are critical.

AgriFORCE’s corporate strategy and market performance also point to what investors may want to look out for in the coming weeks. In its announcement, the company said it will put its plans into action in the coming days.

“The completion of this transaction will position the Company as the first Nasdaq-listed entity with a primary mission centered on the Avalanche ecosystem. The transaction is expected to close on or about October 30, 2025,” it wrote.

AVAX price reached its all-time high of $146 in November 2021.

The current price is well off this peak.

However, bulls have managed to bounce by an impressive 630% since the Avalanche price fell to its all-time low of $2.79 in 2020.

The post Nasdaq-listed AgriFORCE eyes $700M Avalanche treasury bet; AVAX price outlook appeared first on CoinJournal.

• Chainlink (LINK) price hovers at $18.50 as cryptocurrencies eye gains.
• Big news as Chainlink and Balcony team up to power over $240 billion on the on-chain property assets market.
• Price catalysts could include tokenization and spot exchange-traded funds.

Chainlink’s traction in the crypto and blockchain ecosystem sees the oracle network rank as a global standard for decentralized finance and capital markets on-chain.

Part of the growth now has the platform teaming up with Balcony, a leading real estate tokenization firm, to bring more than $240 billion in government-sourced property assets on-chain.

As the market eyes an overall bounce amid other tailwinds, could Chainlink’s native token, LINK, gain further amid the rising institutional adoption?

Chainlink and Balcony team up, eye $240 billion market

Among crypto news today is the announcement that Balcony, recognized as the premier platform for government-sourced real estate tokenization, has forged a pivotal alliance with Chainlink.

The latter is the gold-standard oracle network in the blockchain ecosystem, and the partnership points to growing adoption of Chainlink solutions.

In this case, the two platforms are collaborating via Chainlink’s Runtime Environment (CRE), which is now integrated into Balcony’s Keystone platform.

Chainlink and Balcony will tap into CRE to secure and digitize over $240 billion in on-chain property assets.

With Chainlink, Balcony has the blockchain solution to consolidate fragmented government-sourced property data into a unified, verifiable system.

The move lays the groundwork for compliant and programmable tokenized real estate, the firms said in an announcement.

What does Chainlink’s CRE offer?

At its core, CRE facilitates the seamless on-chain deployment of authenticated parcel data, fostering unparalleled transparency in an asset class that has long been hampered by opaque records and manual processes.

By embedding CRE within Keystone, Balcony unlocks new avenues for liquidity and accessibility, enabling fractional ownership, automated compliance checks, and real-time data verification.

The goal is to address longstanding challenges in real estate, such as fraud risks and inefficient transfers. It also elevates trust in tokenized markets, currently an asset category witnessing staggering growth.

Balcony’s integration of CRE is a clear example of how Chainlink’s industry-standard oracle platform is unlocking the next generation of real-world assets. By bringing government-sourced property data on-chain, Balcony is setting a new standard for transparency and efficiency in real estate. This partnership reflects an accelerating movement to redefine how institutions and market participants interact with tokenized assets in a compliant and verifiable way,” said Colin Cunningham, head of tokenized asset sales at Chainlink Labs.

LINK price outlook

Chainlink’s native token has surged in recent months amid broader market gains.

However, ecosystem developments have buoyed investor sentiment, helping bulls to hold prices above key support levels during profit taking events.

At the time of writing, LINK traded around $18.50, just in the red on the day but up nearly 4% as bulls continue to hold above $18.

Chainlink token’s resilience in the market and platform appeal in a maturing crypto landscape are two factors likely to help bulls eye new highs.

If LINK retests the $20 resistance level, a successful breakout could allow buyers to push for $30 and multi-year highs of $40.

RWA sector traction, DeFi resilience, and spot exchange-traded funds hype may prove key catalysts.

The post Chainlink expands into $240B property tokenization with Balcony; check price forecast appeared first on CoinJournal.

• Reliance Global Group adds Solana to diversify its financial holdings.
• The company’s crypto portfolio includes exposure to Bitcoin, Ethereum, XRP and Cardano.
• Investing in Solana allows Reliance to proactively embrace blockchain innovation.

Reliance Global Group Inc. (NASDAQ: RELI) has expanded its cryptocurrency portfolio with the addition of Solana (SOL), marking another step in its ongoing digital asset treasury strategy.

The move positions the company among a growing list of publicly traded firms integrating blockchain-based assets into their corporate balance sheets.

The announcement, made on October 27, 2025, confirms that Reliance now holds five of the top ten cryptocurrencies by market capitalization — Bitcoin, Ethereum, Cardano, XRP, and Solana.

The addition underscores the company’s belief in the long-term potential of blockchain technology and its applications in both finance and enterprise innovation.

Reliance expands its Blockchain exposure

Reliance’s decision to purchase Solana represents a milestone in its broader digital asset diversification strategy.

The company described the acquisition as part of its disciplined approach to building exposure across major blockchain ecosystems.

“By adding Solana alongside Bitcoin, Ethereum, Cardano, and XRP, we continue to execute our disciplined strategy of diversifying across leading blockchain ecosystems,” said Moshe Fishman, a member of the Reliance Global Group Crypto Advisory Board and Director of Insurtech at Reliance. “Solana represents the next generation of blockchain performance — built for real-world adoption and institutional-scale applications.”

Solana, currently the sixth-largest cryptocurrency by market capitalization at over $110 billion, has become increasingly attractive to corporate treasuries and institutional investors.

Known for its hybrid Proof-of-Stake and Proof-of-History consensus mechanisms, Solana can process over 65,000 transactions per second, with blocks confirming in about 400 milliseconds.

The blockchain’s scalability and efficiency have made it a favored platform for decentralized finance (DeFi), non-fungible tokens (NFTs), and Web3 applications.

Fishman noted that expanding into Solana aligns with Reliance’s commitment to innovation while maintaining a balanced approach to governance, security, and compliance.

Institutional interest in Solana grows

Solana’s inclusion in Reliance’s treasury comes amid growing institutional and corporate interest in the blockchain.

Its expanding ecosystem — spanning DeFi protocols, tokenized real-world assets, and NFT platforms — continues to drive adoption.

Market analysts point to the increasing appeal of Solana as a potential treasury asset, bolstered by the anticipation of regulatory approval for spot Solana exchange-traded funds (ETFs).

The token traded near $200 on October 27, reflecting broader optimism surrounding blockchain utility and scalability.

Reliance’s move follows similar announcements by other public companies in recent months, as corporate treasuries diversify away from traditional assets to hedge against inflation and capture long-term value in digital markets.

Solana treasury companies

The addition of Solana to Reliance Global Group’s treasury is a strategic effort that many other public companies have tapped into across the market.

SOL’s price has largely benefited from the sentiment around these efforts.

While DeFi, NFTs and RWA traction stands out, Solana’s native token has received notable upside momentum from the growing treasury asset plays.

Forward Industries, Solana Company, Upexi, DeFi Development Corp, Sol Strategies and Sharps Technology are among the top SOL treasury companies.

Data from CoinGecko shows the 10 leading public companies cumulatively hold over 15.7 million SOL, currently worth over $3.18 billion.

The post Solana boost as Reliance adds SOL to treasury holdings appeared first on CoinJournal.

Yellow Network, a blockchain network backed by Ripple co-founder Chris Larsen, has integrated with XRPL EVM Sidechain to advance its real-world assets trading system. Yellow Network’s proprietary layer-3 clearing network will leverage the XRPL EVM Sidechain to ramp up its…

Reliance Global Group has added Solana to its digital asset portfolio, a move that sees the Nasdaq-listed company now boast treasury holdings with five of the top ten cryptocurrencies today. Reliance is the latest public company to tap into the…

• BNB price retested highs above $1,160 as the altcoin looks for third green daily candle.
• Changpeng Zhao’s pardon helped buoy bulls and has driven part of the BNB gains.
• A macro lift has Bitcoin above $115,000 and BNB eyeing a potential rebound to $1,300.

The uptick across the crypto market has seen the BNB price retest a critical price level around $1,160. Gains signal the potential for significant upward movement, particularly as analysts point to a big week ahead for risk assets. 

With price hovering at $1,153 as of the time of writing, bulls’ flirtation with the pivotal supply zone remains critical.  

BNB price retests key supply zone

BNB’s price action over the past week has seen the token approach and briefly test the area above the $1,160 level.

This retest, occurring amid a broader market rebound, demonstrates robust buyer conviction. Binance coin has recorded two consecutive green daily closes and eyes a third.

Indeed, the 3% uptick in the past 24 hours has the exchange token holding onto a nearly 20% tick up over the past month.

The last time it traded above $1,160 was in mid-October, which is when prices crashed from all-time highs above $1,370. BNB has broken higher amid an ascending channel pattern.

The Relative Strength Index has climbed from oversold territory below 40 to a neutral 54 on the daily chart. The RSI is around 65 on the 4-hour chart.

A divergence suggests diminishing selling pressure. This could give bulls more room to wiggle upwards before overbought conditions come into view.

In this case, a decisive close above $1,160 could validate a breakout.

Bulls will target the next resistance at $1,185 and $1,215, and success will bring the ATH above $1,300 into play. However, failure to hold off bears at $1,150 might see a pullback to $1,100 and then $1,080.

What next for BNB amid CZ pardon

The horizon for BNB is considerably brighter with a recent development in mind.

In particular, President Donald Trump’s pardon of Binance founder Changpeng “CZ” Zhao not only invigorated BNB but the broader crypto market.  

Zhao served a four-month sentence in 2024, having stepped down as Binance CEO and convicted of violations of anti-money-laundering guidelines as tied to Binance’s operations. 

BNB surged immediately after Trump’s pardon. But the bigger question is whether Zhao’s pardon means he could return to the exchange behemoth.

Speculation is rife, but CZ is said to be more focused on YZi Labs and other initiatives.

The native token of the high-throughput BNB Chain has also benefited from fresh listings on platforms like Coinbase and Robinhood.

The retest of $1,160 could thus mark a key zone for both bulls and bears.

The post BNB price retests $1,160 as bulls eye $1,300 rebound amid CZ pardon boost; check forecast appeared first on CoinJournal.

US stocks edged higher on Monday, with the Dow Jones Industrial Average gaining 250 points in early trading as Wall Street cheered a potential US-China trade deal. As risk-on sentiment creeped back into the markets, the Dow Jones Industrial Average…

• Magic Eden price soared more than 35% amid a breakout above the key resistance of $0.50.
• Trading volume jumped 1,280% to over $129 million to signal buying pressure.
• “A big week” ahead and other potential catalysts could boost ME bulls.

Magic Eden’s native token, ME, has experienced a significant price surge in the past 24 hours.

Prices rose to intraday highs above $0.60 for the first time since the October 11 crash, with bulls’ gains coming amid a retest of a key technical barrier.

As the altcoins rank among the top gainers in the 500 largest cryptocurrencies by market cap, buyers are likely to hold the crucial level and target a new leg up.

But what could help ME price in the short term?

Magic Eden among top gainers as price pumps 35%

Per CoinMarketCap data, Magic Eden’s ME token is one of the standout performers in the cryptocurrency arena today.

The token’s 35% uptick in the past 24 hours has come amid a robust trading volume of $129 million – the metric is up 1,280% in the past 24 hours.

This performance has not only outpaced the broader market but also dwarfed top performers such as Pi Network, Virtuals Protocol and Zcash.

ZEC hovered around $270 on October 24, but was near $350 at the time of writing.

On the technical front, ME broke above the critical hurdle at $0.50, reaching intraday highs of $0.60.

While the altcoin is well off its all-time peak above $13.24, bulls have bounced off the all-time low of $0.23.

ME could retest $0.55 or $0.50 before seizing on an uptick across the market to target the psychological $1 mark.

RSI at 60 suggests bulls have more room to aim for gains.

What could help Magic Eden price higher?

Several factors appear to have converged to ignite this pump.

Notably, the official Magic Eden X account issued a cryptic yet bullish proclamation early this morning: “Big week ahead.”

This post, which garnered over 300 likes and widespread speculation within the community, hinted at impending announcements or developments that could further bolster the platform’s growth.

Such communications from project leads often serve as potent catalysts, drawing in retail traders and amplifying social sentiment.

ME gains also follow the community cheering of the recent acquisition of Dynamic by Fireblocks, which the platforms announced on October 23.

As a key user of Dynamic’s developer platform, Magic Eden could benefit significantly from this integration.

Dynamic powers over 50 million on-chain accounts for industry leaders, including Kraken, Ondo Finance, Magic Eden and zerohash.

Magic Eden’s seamless user onboarding and embedded wallet functionalities for NFT trading across chains.

The deal merges Fireblocks’ institutional-grade custody with Dynamic’s agile tools, creating what executives describe as the “first complete custody-to-consumer stack” for on-chain finance.

Overlaying these platform-specific tailwinds is a broader crypto market rebound.

While gains in October 2025 remain muted as the macroeconomic environment hit risk-on sentiment, Bitcoin’s climb to $116,000 and Ethereum’s break to $4,200 has bulls excited.

The big week for crypto includes a potential rally ahead of a Federal Reserve rate cut, the impact of the US-China trade deal and SEC approval for exchange-traded funds.

The macroeconomic lift could spill over to altcoins like Magic Eden.

The post Magic Eden’s ME token soars 35%, reclaims $0.60 amid ‘big week ahead’ hype appeared first on CoinJournal.

The Padre token slumped more than 76% as its price fell from above $0.076 to $0.011, with this coming after memecoin launchpad Pump.fun announced it had acquired the multichain trading terminal. The sharp decline came amid the acquisition, and related…

• Cryptocurrencies including Bitcoin, Ethereum, BNB, Solana, and XRP traded higher and then pared gains.
• Sentiment improved with the release of the US Consumer Price Index (CPI) report, but prices failed to rally.
• Analysts say the CPI data makes a Federal Reserve rate cut on October 29 “highly probable”.

Major cryptocurrencies including Bitcoin, Ethereum, BNB, Solana, and XRP have maintained steady prices despite Wall Street’s robust reaction to a key economic data release. 

As such, the cryptocurrency market was largely muted on Friday October 24, 2025, with an initial price spike following the release of the US Consumer Price Index (CPI) report failing to flip into notable gains. 

While several coins traded in the green, the subdued action meant the global crypto market capitalization, per CoinGecko, remained at $3.81 trillion.

Sentiment was still largely negative as the Fear & Greed index hovered at 32 and was in fear territory.

Meanwhile, global daily trading volume slipped to $153 billion.

Bitcoin, Ethereum prices as investors react to CPI data

The Bureau of Labor Statistics released the US CPI inflation report for September on Friday.

Data showed inflation was cooler than expected, with headline CPI at 0.3% and core inflation at 0.2%.

Meanwhile, both year-over-year measures for headline and core came in at 3%.

Economist Mohamed El-Erian commented on what the data says:

“This report makes a Federal Reserve rate cut next week highly probable. What happens beyond that, however, will depend on subsequent data, primarily confirmation of a softening labor market and continued disinflation.”

Stocks however, soared amid the report and a host of other bullish factors.

Bitcoin traded to highs of $111,842 before quickly retreating to $110,500.

Ethereum on the other hand, rose slightly to near $4,000 before revisiting $3,870 and settling just above $3,900.

Despite the cooling inflation data, analysts see a 99% likelihood of a Federal Reserve rate cut on October 29.

This will feed into risk asset appeal and both BTC and ETH could rally past key supply walls around $115k and $4,250.

BNB steady after Changpeng Zhao pardon

BNB, the native token of Binance, has maintained its price at $1,106, with negligible movement post-CPI.

The token is benefiting from Binance’s dominance in spot trading, and the news of President Donald Trump’s pardon of founder Changpeng Zhao buoyed the broader market.

Congratulations to my friend @cz_binance. Trump has corrected a grave injustice. The weaponization of the justice department against our industry and its entrepreneurs should have never happened. It was and still is a deep wound that will take a long time to heal https://t.co/OirXN3fSZC

— Charles Hoskinson (@IOHK_Charles) October 23, 2025

BNB price moved from lows of $1,048 to near $1,150 on October 24 before settling near the psychological $1,000 mark.

Solana and XRP steady but below key levels

Both Solana and XRP held steady at $190 and $2.49, respectively.

Network activity, partnerships and acquisitions have complemented sentiment built around spot ETF anticipation and treasury strategy moves.

However, SOL and XRP are below the key buy zones of $200 and $3.00, respectively.

Confidence could skyrocket if bulls take out bears at these levels.

News that Ripple is one of the crypto titans bankrolling donations for Trump’s White House ballroom project see XRP get further limelight.

The post Crypto wrap: Bitcoin, Ethereum, BNB, Solana, and XRP muted after CPI report appeared first on CoinJournal.

• The ASTER token is teetering near a critical support level of $1.03-$1.00.
• A potential drop below $1 risks triggering further declines to $0.90.
• The outlook is despite a buyback plan the Aster team announced on Friday.

Aster DEX, a decentralized exchange backed by YZi Labs and linked to Binance co-founder Changpeng Zhao, has unveiled a significant buyback initiative to bolster its native token, ASTER.

Announced earlier today, the plan proposes allocating 70-80% of Season 3 fees toward ASTER buybacks, contingent on market conditions.

However, despite this bold move, market data and technical outlook suggest that ASTER faces substantial risks of dipping below the critical $1 psychological support level.

Aster team plans major token buyback

The ASTER token is currently trading at $1.06, just in the red.

However, the DEX token faces notable selling pressure as has been seen in the past week and month.

On Friday, the cryptocurrency failed to climb despite earlier gains.

Intraday upticks saw the altcoin’s price reject in the $1.12 and $1.15 region, with gains and the subsequent selling pressure coming amid a major ASTER buyback announcement.

Buyback Announcement:

ASTER is currently targeting 70-80% of S3 fees for $ASTER buybacks, exact allocation will depend on market conditions and final results will be released following conclusion of S3.

As a growing project, and in these uncertain market conditions, it’s…

— Aster (@Aster_DEX) October 24, 2025

Why is ASTER price down today?

Aster fell amid negative news on Thursday. Today, the token’s price action reflects a fragile market, with technical indicators pointing to potential downside risks.

Notably, Aster has lost over 55% of its value since the peak of $2.42 reached in September.

The rally that saw the exchange platform challenge and even surpass Hyperliquid in volume has dissipated, and the altcoin’s 24-hour trading volume, while robust, has dropped below $800 million.

Market sentiment is further strained amid overall crypto action.

On Friday, following high anticipation, the Bureau of Labor Statistics released the Consumer Price Index inflation for September.

After an initial uptick alongside stocks, Bitcoin and Ethereum as well as most cryptocurrencies showed subdued action.

The US CPI report, which indicated cooling inflation, failed to inspire sustained bullish momentum across the crypto sector.

While the Dow Jones Industrial Average had spiked by over 530 points as of writing, Bitcoin failed to rally above $111,000, and ETH pared gains from near $4,000.

Aster price signalled a similar outlook despite the team’s buyback announcement.

Is ASTER set to dump below $1?

Technical indicators highlight that the current price is at a critical support zone.

A downturn below $1.03 means bears could strengthen in the $0.93-$0.97 region. ASTER could drop to lows of $0.90.

Meanwhile, robust resistance lies in the $1.12-$1.15 zone, with a break to above $1.24 potentially triggering an upward momentum toward $1.52 and then $1.60.

In any case, ASTER’s ability to hold above $1 is crucial for this bullish outlook.

The buyback plan’s execution and broader market stabilization will be key for buyers.

The token’s institutional backing and multi-chain architecture may also offer a foundation for recovery.

However, the overall crypto market outlook suggests uncertainty could deter short-term holders.

The post Aster price risks dip below $1 despite major buyback plan appeared first on CoinJournal.

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