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The altcoin market is flashing a familiar signal that preceded its most explosive rallies in the past. After months of uncertainty and price consolidation, a new analysis suggests that altcoins have just reclaimed a critical trendline—the same one that marked the beginning of the 2017 and 2021 bull runs. With market patterns aligning and fractals emerging, analysts are now questioning whether the conditions are once again ripe for a massive altcoin breakout.  Altcoins Eye Vertical Move As Bear Trap Ends The altcoin market may be on the brink of a historic breakout, according to a recent chart analysis by crypto expert Merlijn The Trader. The analyst draws parallels between the current cycle and those of 2017 and 2021. The analyst’s chart, published on X social media, shows that the total altcoin market capitalization has reclaimed a long-term ascending trendline that had preceded previous vertical expansions during major bull runs. Related Reading: Altcoin Season Not Remotely Close, Bitcoin Dominance Still Too High: Market Expert Says In earlier cycles, altcoins briefly broke this trendline in what was identified as a “bear trap” before swiftly reversing and launching into explosive growth phases. Merlijin The Trader reveals that this pattern appears to be repeating in this cycle, as the current market structure mirrors previous setups that triggered rapid valuation increases across the altcoin sector.  The ascending trendline recovery is framed within a red box in the chart, consistent with the zones that marked the end of prior downtrends. In each instance, the reclaim was followed by aggressive upward movement, highlighted by green boxes that represented parabolic gains in the total market cap.  Merlijn The Trader suggests that the recent rebound indicates the completion of another bear trap, signaling renewed bullish momentum. Green arrows placed below the price curve, matching the timing of previous breakouts within the analyst’s chart, imply that the altcoin market could be preparing for another phase of expansion. If the historical fractal holds, the analyst forecasts a sharp vertical rally for altcoins, with valuations possibly reaching the $10-$16 trillion range.  Altcoin Market Mirror 2016-2018 Breakout Setup In another fresh analysis, Merlijn The Trader noted that the altcoin market cap is showing signs of repeating a historical pattern that previously led to a major bull rally. A comparison between the 2016-2018 market cycle and the current one reveals an almost identical structure playing out, albeit on a much larger scale.  Related Reading: Bitcoin Dominance Holds Altcoin Season At Bay, Analyst Says No Upside Until This Happens The market appears to have formed a Double Bottom, followed by a mid-cycle correction and consolidation within a descending broadening wedge pattern. This same fractal unfolded before the explosive altcoin rally in 2017. The analyst’s chart also illustrates that in the previous cycle, altcoins broke out of this same wedge pattern, resulting in a massive surge in market capitalization, which he referred to as “Pump 2.0”.  With the same breakout now confirmed for this cycle’s market structure, Merlijn The Trader predicts that the altcoin sector may be entering its next parabolic expansion phase. This development could mark the end of the altcoin market’s current bear phase and the beginning of a second macro pump similar to what occurred between 2017 and early 2018. Featured image from Unsplash, chart from Tradingview.com

Based on reports from the trading account Bitcoinensus on X, PEPE has formed a pattern that led to a 10x rally in the past. Now, some chart watchers believe a similar move could push prices even higher—possibly up to 20X the current level. Related Reading: XRP Could Hit $35 If It Captures A Quarter Of Remittance Market By 2029 Flag And Breakout Signals Drive Hope Traders spot a “flag” shape when price moves sideways after a drop and rise. Bitcoinensus pointed out that PEPE first formed one flag, then shot up from about $0.0000015 to $0.000015—a roughly 10x gain. The chart showed a second flag forming recently, and if PEPE breaks out again, it could mirror that earlier surge. Based on reports, a fresh breakout might send PEPE toward a 20X move from today’s prices. $PEPE Macro Outlook ???????? PEPE has been repeating the same explosive pattern: ???? Flag → ???? Breakout → ???? Flag → ???? Breakout So far: Accumulation 1 → 10x Accumulation 2 → Breakout in progress The next big move up will probably lead to the cycle top. History doesn’t… pic.twitter.com/Rqc6KBfWgn — Bitcoinsensus (@Bitcoinsensus) July 7, 2025 Price Targets And Support Levels Tested In a follow‑up post, Solberg Invest on X laid out a bullish short‑term view. Their target sits at $0.000015 if PEPE holds above the key support line at $0.0000102. That level has been tested multiple times in recent weeks, demonstrating some buying interest each time prices approached it. Traders warn that slipping below $0.0000102 could derail hopes for the next big leg up. Triangle Formation Signals Tension A recent chart indicates that PEPE is trading within a triangle pattern. Traders track triangles closely because they can lead to rapid moves following a breakout. Currently, PEPE is wedged at the top of this triangle. When trading volume picks up and the token closes over the old resistance line (indicated in red), it could ignite a new wave of buyers. Community Buzz Keeps Meme Coins Alive Meme tokens survive by social fervor, and PEPE has developed a devoted fan base on sites like X. Meme posts and community-led memes have powered previous rallies, prompting new investors to jump aboard. According to reports, continued buzz might be sufficient to initiate another run at least in the near term. Related Reading: Bitcoin Meets Heartbreak In Drake’s Latest Track—Details Risks And Rewards In Focus Even if history does rhyme, it doesn’t often repeat itself. Previous runs had PEPE tank just as severely, losing as much as 95% of profits in one session. Gambling on a 20X spike involves taking wild swings and sudden plunges. Anyone considering coming in at $0.0000102 should have in mind exit points and only risk capital that can be safely lost. Featured image from Meta, chart from TradingView

Meme coin TRUMP made waves when it launched on Solana on January 17, 2025, issuing 200 million tokens out of a planned supply of 1 billion. Related Reading: Bitcoin Meets Heartbreak In Drake’s Latest Track—Details According to trading data, its price shot from under $10 to a whopping $80 within hours, pushing its fully diluted valuation to nearly $75 billion. But by July 2025, TRUMP had tumbled back to $8.60, a 90% drop from its peak. Its circulating market cap now sits around $1.70 billion, with a fully diluted value of about $8.60 billion. Cross Chain Push Into Tron Based on reports from the project’s official X account, TRUMP plans its first expansion beyond Solana by launching on the Tron blockchain. This move is designed to tap Tron’s large user base and faster transaction speeds. Tron boasts over 100 million accounts and sub‑second confirmations, which the TRUMP team believes could fuel a fresh wave of buyers and traders. $TRUMP on #TRON is coming. Stay tuned! pic.twitter.com/S5WfV8APvU — TrumpMeme (@GetTrumpMemes) July 7, 2025 Volatile Price Swings Define TRUMP TRUMP’s rollercoaster debut underlines extreme volatility. After the initial frenzy in January, the coin’s price plummeted by 88% from $80 to $8.60. That slide erased roughly $65 billion in valuation. Today’s price reflects speculative trading rather than any long‑term adoption. Investors who rode the peak saw massive gains briefly, then steep losses just as quickly. Justin Sun’s Big Stake On May 20, 2025, Tron founder Justin Sun tweeted that he is TRUMP’s largest holder. He reportedly owns nearly $19 million worth of tokens after a $75 million investment in Trump’s World Liberty Financial platform. Sun’s position comes with perks. He won a “private dinner” alongside the top 220 token holders, securing a seat at US President Donald Trump’s Virginia golf club. Critics say that kind of setup blurs the line between crypto hype and pay‑to‑play politics. Related Reading: XRP Could Hit $35 If It Captures A Quarter Of Remittance Market By 2029 Central Control Raises Warnings Two Trump‑affiliated companies, CIC Digital LLC and Fight Fight Fight LLC, control 80% of TRUMP’s token supply. Those tokens are locked under a three‑year vesting schedule. Analysts warn that when insiders hold such large shares, they can sway prices at will. That level of centralization runs counter to crypto’s promise of open and fair systems. Senators Richard Blumenthal, Elizabeth Warren, and Jeff Merkley have called for new rules to curb how politicians and their allies can launch or endorse digital coins. They argue that projects like TRUMP could be used for personal gain or campaign boosts, creating a need for clearer boundaries. Traders And Regulators Brace For Tron Launch As TRUMP eyes a Tron debut, traders and regulators alike will watch closely. The move could spark a fresh surge in trading volume. Yet the same factors that drove its initial spike—viral hype, insider perks, and a heavy token concentration—could just as easily lead to another steep plunge. Featured image from Bankless Times, chart from TradingView

XRP slipped to around $2.22 on July 7, marking a quiet session for the token. That price sits well below what many crypto backers think it should be. Related Reading: Bitcoin Meets Heartbreak In Drake’s Latest Track—Details They point to XRP’s speed, its ability to handle thousands of transfers every second, and a growing list of real‑world partnerships as reasons it’s undervalued. XRP Eyes A Slice Of Remittance Market According to recent projections, the global remittance industry will swell from $783 billion in 2024 to $833 billion in 2025, growing at about 6.4% a year. That same pace is expected to push the total to roughly $1.06 trillion by 2029. Based on reports, if XRP captures 25% of that market and investors value its network at twice its annual volume—similar to big payments firms—the token’s market cap would hit $534 billion. With about 60 billion XRP in circulation, each coin would be worth $8.90. Source: The Business Research Ripple Expands Global Ties Ripple has been busy lining up deals in places that move lots of money overseas. Brazil, Mexico, the UAE, Saudi Arabia, Vietnam, and the Philippines are all on the list. In these markets, people sending cash home often face high fees and slow transfers. XRP’s consensus system lets banks and money‑transfer firms settle payments in seconds, not days. That speed could help push adoption even higher. Legal Clarity Boosts Confidence Based on court rulings, the US now treats XRP sales to retail buyers as not being securities. That change opens the door for more banks and payment companies to jump in without fear of a legal sting. It also gives some larger investors more confidence to hold XRP long term. Purely on network‑value math, XRP at $8.89 would already be a four‑fold jump from $2.22. But crypto markets often bid up tokens beyond those simple models. If growing adoption brings a 4× “demand premium,” XRP could climb all the way to $35.56 by 2029. That scenario assumes Ripple’s partnerships scale up, regulatory risks stay low, and investors see XRP as a must‑have tool for cross‑border payments. Related Reading: Brazil’s Central Bank Hacked—$40M In Crypto Washed In Aftermath Key Risks And Variables Nothing is guaranteed. Market sentiment can swing. Token emissions from escrow or new supply changes could hurt the price. And if banks take longer than expected to roll out XRP‑based services, demand could lag. On the flip side, more use cases—like tokenized assets or on‑demand liquidity—could boost real‑world volume and push the price even higher. Featured image from Meta, chart from TradingView

Stellar Lumens hit a critical support level this week at $0.20, putting the token in a precarious spot. At that price, XLM sits 30% below its peak in May and 60% under its 2024 high. Related Reading: Bitcoin Meets Heartbreak In Drake’s Latest Track—Details Based on reports, bears have been piling on, pushing the funding rate into negative territory since early June. If that support gives way, traders warn XLM could slide toward $0.15, a drop of about 35%. Network Activity Up According to Artemis, operations on the Stellar network surged to 197 million in June. Stablecoin supply also reached a record $667 million. Over the past five months, the total value locked in real‑world asset tokenization grew to $487 million, helped by new offerings such as the Franklin OnChain US Government Money Market Fund. Those figures suggest healthy demand for on‑chain services and asset tokenization inside Stellar’s ecosystem. Funding Rates Down Funding rates in perpetual futures have been negative most days since May. That means more short positions than long ones, with short traders paying long traders to keep their bets in place. XLM’s funding rate hit its lowest point since June 30, pointing to rising bearish sentiment. When funding rates stay deep in the red, it often adds selling pressure as traders brace for steeper losses. The image above shows that XLM funding rates are down on most major exchanges, particularly for stablecoin-margined pairs, data from Coinalyze shows. On‑Chain Growth Clashes With Market Mood Nansen data shows the number of transactions rose by 11% over the last seven days to 182 million. Active addresses climbed 10% to 146,700 in the same span. Even so, price action has ignored these gains. XLM fell beneath its 50‑day and 100‑day Exponential Moving Averages, and momentum appears to favor sellers. Some market watchers suggest that deep negative funding could trigger a short squeeze, turning sentiment around if shorts rush to cover. Chart Patterns Warn Of Drop The daily chart reveals a descending triangle pattern, with $0.21 forming the lower trendline. That level also marked April’s lows when altcoins broadly sold off. XLM has slipped below the 60% Fibonacci Retracement zone, where many traders expect a bounce. A clean break under the triangle could unleash algorithm‑driven orders, sending price toward $0.15. Related Reading: Brazil’s Central Bank Hacked—$40M In Crypto Washed In Aftermath Meanwhile, Stellar’s fundamentals look solid, but technical signals remain bearish. Traders and holders should watch that $0.21 line. A strong rebound there could restore confidence in on‑chain strength. On the flip side, a slide through support may spark faster losses. Either way, XLM’s near‑term path hinges on that key level. Featured image from Meta, chart from TradingView

Despite its choppy price action in the past seven days, the mood in the XRP camp is increasingly bullish. Particularly, XRP is witnessing a wave of bold predictions from several top crypto analysts. This comes just as a major real-world asset tokenization project promises to increase demand and utility for XRP on a global scale by tokenizing $200 million worth of assets on the XRP Ledger. Related Reading: Bitcoin’s True Value Is Higher Than $110,000, Expert Warns Not Bullish Enough On XRP? Crypto analyst CrediBULL is pushing a bold message to the XRP community: the market is still underestimating the altcoin’s bullish setup. In a post on social media platform X, he noted that XRP is currently going on its eighth month of consolidation above its previous all-time high monthly close, which is a feat that few assets in the market can match.  He pointed to this extended sideways movement, especially after a strong impulse off the $0.50 level in late 2024, as evidence that XRP is preparing for a continuation of the breakout. Notably, its monthly candlestick chart shows a tight cluster of monthly candles hovering above the $2.00 range. According to CrediBULL, this structure is one of the cleanest in the crypto space, second only to Bitcoin.  Image From X: CrediBULL Another major contributor to the current bullish narrative is an analyst known as Ripple Pundit, who projected a 35,000% price surge for XRP the moment Ripple announces a banking license. In his post on the social media platform, he predicted that a regulatory greenlight and the final resolution of XRP’s regulatory overhang with the SEC could trigger a significant increase in price. Similarly, market commentator SMQKE drew attention to the explosive XRP price surge in late 2017 and early 2018, during which Ripple cofounder Chris Larsen briefly became one of the wealthiest individuals in the world due to XRP’s quick rally from $0.00065 to $2.5. SMQKE noted that the last cycle was merely a glimpse of what’s coming. The next wave of adoption will be global, fully regulated, and built for scale. In his words, “2018 was just a warm-up.” Technical analyst Ali Martinez added further credibility to the bullish case by pointing out the $2.38 level as the next major resistance. This is based on on-chain data from Glassnode’s UTXO Realized Price Distribution (URPD), which shows a significant XRP volume concentrated at this price level. If XRP manages to clear this area with strong volume, it would not only overcome heavy resistance but also trigger a cascade of buying interest and a major rally. Image From X: @ali_charts Mercado Bitcoin Tokenization Deal On XRPL XRP’s underlying utility is also gaining traction beyond price charts and predictions. Mercado Bitcoin, one of Latin America’s largest digital asset platforms, recently announced plans to tokenize over $200 million worth of real-world assets (including fixed income and equity instruments) directly on the XRP Ledger.  Related Reading: Dogecoin Social Surge: Rising Buzz And Network Use Spark New Interest This initiative supports the bullish thesis for XRP’s price action. At the time of writing, XRP is trading at $2.25, up by 2% in the past 24 hours. Featured image from Pixabay, chart from TradingView

Ethereum’s price action is gearing up for a surge of epic proportions, according to crypto technical analyst MasterAnanda on the TradingView platform.  Ethereum has spent a majority of the past two months consolidating above the $2,425 support zone, in what might be an accumulation phase before a major breakout. Nonetheless, MasterAnanda’s analysis suggests that Ethereum is on the verge of entering its strongest bullish wave in years, with a breakout target that starts at $5,791.  Related Reading: The Silent Bitcoin Accumulation: Public Companies’ Surprising H1 2025 Lead Ethereum To Break Out To At Least $5,791 MasterAnanda’s weekly candlestick chart shows a large ETH wedge pattern with consistently rising lows from June 2022 to April 2025. On the other hand, price highs have been relatively flat, specifically around the March and December 2024 peaks. Ethereum’s behavior since April has been marked by low volatility and sideways movement, which often precedes large market moves. The most interesting move was when its price dropped to as low as $1,470 on April 9 before quickly rebounding and establishing a rounded bottom formation.  Nonetheless, the analyst noted that Ethereum is due a major, major bullish wave. The question is not whether it will happen, but when it will. Now that the current consolidation is sitting right above trendline support, MasterAnanda argues that this formation will soon give way to a powerful bullish wave. The target is a minimum of $5,791, which is based on the 1.618 Fibonacci extension.  Interestingly, the analyst noted that it is possible for the Ethereum price to reach $8,500 or higher in the longer term if it breaks above the resistance trendline, which is currently at $4,000. This prediction is backed by improving fundamentals and current on-chain data showing accumulation through Spot Ethereum ETFs. Wyckoff Accumulation Says It’s Ethereum’s Turn Crypto analyst Ted Pillows shared a separate but related analysis on the social platform X that’s based on a Wyckoff accumulation pattern playing out on ETH’s weekly chart. Pillows called the selloff to the $1,470  low in April as the “Spring” phase of Wyckoff accumulation, followed by a successful “Test” of a September 2024 support around $2,145, and the gradual move back to resistance now.  According to his projection, Ethereum’s breakout will unfold in stages. The first stage is a push to $3,000, then a correction, followed by a rise to $4,000 in Q3. Only after these steps will the parabolic leg truly begin. The parabolic leg, in this case, should take Ethereum above $5,700, if the price action plays out as predicted. Related Reading: XRP’s Time Is Now, Says Pundit—Don’t Snooze On The ‘Biggest Transfer Of Wealth’ His analysis closely aligns with MasterAnanda’s call for a minimum $5,791 target. Just as the Wyckoff accumulation pattern pumped Bitcoin to its most recent all-time high, Ethereum may be on the verge of its own spotlight moment in this ongoing 2025 bull cycle. At the time of writing, Ethereum is trading at $2,516. Featured image from Unsplash, chart from TradingView

Altcoins have spent the past few years under the shadow of Bitcoin’s dominance, struggling to reclaim relevance as capital and attention largely concentrated on BTC. But the tide may be turning. Since April, the Total 2 — a metric representing the market capitalization of all cryptocurrencies excluding Bitcoin — has climbed 35%, signaling a potential shift in momentum toward altcoins. This recovery marks one of the strongest altcoin performances in recent years and has reignited hopes of a broader market expansion beyond Bitcoin. Related Reading: No Room For Bears: Bitcoin Bullish MACD, Monthly Close Fuel Bullish Outlook Top analyst Daan has weighed in on this development, highlighting a key technical formation: a higher low on the Total 2 chart during the recent market bounce. This structure is often seen as a bullish signal, suggesting that investors are stepping in to accumulate altcoins at increasingly higher price levels. If confirmed with a higher high in the coming days or weeks, this could mark the start of a sustainable altseason. As macroeconomic conditions stabilize and risk appetite returns, altcoins could see renewed interest from traders and investors. The next key test will be whether bulls can reclaim higher levels and flip the broader altcoin market structure definitively back to bullish. Altcoins Prepare For A Breakout Altcoins remain about 50% below their all-time highs, but bulls are setting the stage for what could be an expansive move in the coming weeks. After months of underperformance, the broader altcoin market is beginning to show early signs of structural recovery. Ethereum — the market’s leader among altcoins — has been consolidating between $2,400 and $2,700 since early May, and many analysts believe that a breakout in ETH could serve as the catalyst for a broader altcoin rally. Daan recently highlighted a key technical development: the Total 2 Altcoin Market Cap has made a higher low during the latest bounce, a structure that often precedes bullish continuation. This higher low suggests growing demand and reduced downside pressure, both of which are critical to establishing a sustainable uptrend. The key area to watch is the 2024 high setback in May. If bulls can push Total 2 above that level, it would confirm a higher high — the final piece needed to flip the high timeframe structure decisively back to bullish. That breakout would likely usher in renewed momentum across mid- and small-cap tokens, fueling what many hope will be the long-awaited altseason. For now, the market remains in a holding pattern, but signs of accumulation are growing stronger. If Ethereum can break out of its multi-month range, the altcoin market could rapidly reprice, erasing months of losses and opening the door to a new wave of capital rotation out of Bitcoin dominance. As long as key levels hold and risk appetite improves, the foundation is in place for altcoins to make a significant move higher. Related Reading: Solana Tests Rising Channel Support – Breakdown Could Send Price To $128.50 Level ETH/BTC Chart Signals Turning Point The ETH/BTC chart reveals a critical moment for the altcoin market. After a prolonged downtrend that began in late 2022, Ethereum has stabilized near the 0.023 BTC level, forming a potential bottom. While the pair remains well below the 50-week, 100-week, and 200-week moving averages—indicating continued bearish pressure—momentum appears to be shifting. Since bottoming out in mid-June, ETH/BTC has held its ground and is attempting to build a base, with early signs of accumulation. However, without a clear breakout above resistance zones, particularly around the 0.025–0.027 BTC range, bulls will struggle to confirm a trend reversal. A decisive move above these levels would be the first major confirmation of strength for Ethereum relative to Bitcoin. Related Reading: Ethereum Forms Rising Wedge Pattern – $2,200 Support Back In Focus? This breakout is essential for altseason. Historically, altcoin rallies are triggered when ETH outperforms BTC, drawing capital into mid- and small-cap tokens. Without ETH leading, altcoins tend to lag as Bitcoin dominance remains high. Featured image from Dall-E, chart from TradingView

Crypto analyst Ripple Pundit has boldly predicted that the XRP price can surge 35,000%. He alluded to two things that need to happen for the altcoin to reach this ambitious target.  Factors That Will Make XRP Price Surge 35,000% In an X post, Ripple Pundit stated that the XRP price will jump by over 35,000% on the day that Ripple makes their banking license public. He added that the SEC announcement of dropping its appeal will also boost the altcoin further. Ripple has applied for a national banking license with the Office of the Comptroller of the Currency (OCC).  Related Reading: Can The XRP Price Rally 1,538x To Reach $3,380? Shocking Prediction This move is expected to expand the crypto firm’s services, which is bullish for the XRP price, considering the altcoin’s role in Ripple’s payment solutions. As such, XRP is likely to record more adoption, especially from institutional investors, as the crypto firm onboard more clients through this banking license.  Crypto pundit Vincent Van Code also agrees that a Ripple banking license could have a massive impact on the XRP price. He recently predicted that the altcoin could rally to between $30 and $50. It is also worth noting that Brad Garlinghouse declared his 1,000% commitment to XRP, which indicates that the altcoin remains a huge part of the company’s plans. Meanwhile, as Ripple Pundit predicts, an SEC announcement of its decision to drop its appeal in the lawsuit against Ripple would also boost the XRP price. Ripple has already announced its decision to drop its cross-appeal. All that is remaining for the long-running legal battle to end is for the Commission to also drop its appeal. A conclusion of the lawsuit would finally remove the legal uncertainty that had plagued the altcoin for a long while.  The Next Wave For XRP Starts Here In an X post, crypto analyst CasiTrades declared that the next wave for the XRP price starts from the $2.23 level. She claimed that the altcoin has continued to show strength during this consolidation. The analyst added that the Ripple bank charter application added serious momentum at just the right time. The news helped push XRP above the $2.25 resistance.  Related Reading: Analyst Says XRP Is Moving According To Plan, Here’s Why $1.90 Is Important Commenting on the current price action, CasiTrades stated that the XRP price is now seeing rejection at $2.268, which is the .382 retracement of the local wave. She remarked that this suggests that XRP needs another low before launching higher. The analyst said that based on the technical indicators, the next best entry is lining up at $2.235. She explained that this level is the .236 retracement and that multiple internal subwave targets are clustering there.  At the time of writing, the XRP price is trading at around $2.22, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

Dogecoin’s price action caught traders’ attention this week. After dipping toward the $0.13–$0.15 demand zone, the meme‑coin shot higher, and a surge in derivatives data suggests many expect more gains. Related Reading: Ethereum Network Awakens—Massive On-Chain Moves Signal What’s Coming Trader Interest Climbs Around $0.19 Resistance According to market data, Open Interest jumped by 16% to reach over $2 billion. Options volume exploded by 400%. That kind of rise often points to big bets on upward swings. Right now, many eyes are on the $0.20 resistance level. If DOGE can close a daily candle above that line, it may clear the way toward $0.27. Dogecoin’s technical setup is drawing fresh looks from chart watchers. The Stochastic RSI crossed above 80, which can mark an overbought zone. Yet coins have stayed above overbought readings before when buyers kept pushing. Traders will want to see real volume behind any move above that descending trendline near $0.19. Without it, the rally may stall or give back gains. Whales Return With Spot Inflows Based on reports, Dogecoin saw a net inflow of $8.20 million into spot wallets. That marks a big shift after weeks of outflows. Large holders have been moving coins onto exchanges in the past, but now they’re pulling more in. In other cycles, fresh whale buys have lined up with mid‑term rallies. On‑chain metrics add another layer. Dogecoin’s MVRV Z‑score climbed back to 0.355 after hitting near‑historical lows late in June. That figure measures how much profit holders stand to make on average. A rising score hints that fewer holders are underwater, and that might draw in new buyers. Still, MVRV is backward‑looking. It can’t predict if price will break through key resistance. Network Activity Shows Mixed Signals Network stats tell a mixed story. Daily active addresses slid to 34 K, and transaction counts dropped to 15K as of July 3. That’s a sharp fall from the more than 500K addresses and transactions seen in the last week of June. Lower usage could sap the rally’s legs if retail traders don’t reengage soon. Related Reading: The Silent Bitcoin Accumulation: Public Companies’ Surprising H1 2025 Lead Even with these mixed signals, the mood toward Dogecoin is brighter than it was a week ago. Traders piling into options and hikes in Open Interest show speculative appetite is up. Large spot inflows show that whales have stepped back in. But network usage is lagging. If daily addresses and transactions don’t bounce back, bulls may find it harder to sustain the push. Featured image from Meta, chart from TradingView

Chainlink (LINK) is trading at $13.36, following a 3% drop in the past 24 hours, which places the altcoin approximately 74% below its all-time high of $52.70, recorded in May. Despite this short-term dip, LINK has held onto weekly gains of around 2.4%, suggesting broader market participants may still be weighing its long-term potential. While price remains rangebound, recent on-chain data indicates that LINK’s price action could be the result of diverging behavior between retail and institutional investors. Related Reading: Chainlink (LINK) On Standby: Bitcoin’s Next Move Holds The Key Chainlink Institutional Accumulation and Supply Pressure CryptoQuant contributor “Banker” highlighted a growing structural dynamic in the LINK ecosystem in a recent QuickTake analysis titled “LINK’s Accumulation Standoff: Whales Build, Retail Waits.” The report outlines how LINK is currently in a consolidation phase between $12 and $15, where institutional actors have been steadily accumulating tokens, while retail users remain largely passive. This discrepancy may be playing a key role in capping upward momentum despite persistent LINK outflows from centralized exchanges. According to Banker, exchange netflows for LINK have remained negative at roughly -100,000 LINK per week, signaling that more tokens are being withdrawn from trading platforms than deposited. This behavior is typically associated with accumulation activity, particularly from larger holders or “whales” who may be positioning for longer-term appreciation. Historical spikes in retail deposits, such as the +5 million LINK deposited in March 2025, have proven to be exceptions rather than the norm, as retail activity has since remained subdued. Supporting this view, active LINK addresses have hovered consistently between 28,000 and 32,000 per day, while transaction counts average around 9,000 daily. These figures have not rebounded from previous activity peaks seen in late 2024, even as Chainlink’s oracle usage has expanded. Meanwhile, elevated levels of exchange withdrawals, peaking at over 3,000 per day in Q4 2024, remain a dominant force. With leverage metrics staying neutral, whales have been able to withdraw LINK without introducing significant price volatility, resulting in a 40% year-to-date drop in exchange reserves. Market Outlook Hinges on Retail Reentry or Whale Fatigue As LINK’s consolidation persists, the path forward may depend on a shift in market dynamics. Banker points out that a meaningful breakout will likely require renewed participation from retail traders, as evidenced by a spike in active wallet addresses and transaction volume. Related Reading: Chainlink Holders Set Record As 1-Yr MVRV Signals ‘Opportunity’ If these metrics rise and price breaks above the $15 price mark, momentum could build for a stronger upward trend. On the other hand, a decline in whale-driven withdrawals or an increase in exchange inflows could weaken accumulation, potentially pushing LINK back down toward the $10 level. Banker added: Until catalysts emerge, whales silently build positions, echoing Bitcoin’s 2023 consolidation before its 2024 surge. Featured image created with DALL-E, Chart from TradingView

Proponents of XRP are stepping up their pitch this week, calling the token “one of the greatest wealth transfers in history.” They argue it’s more than just another crypto. You’ll hear claims that XRP is already reshaping global finance and leaving old systems in the dust. According to influencer Coach JV, Ripple is building a whole new rails for money. He says XRP isn’t here to compete with banks. It’s here to replace them. Related Reading: Ethereum Network Awakens—Massive On-Chain Moves Signal What’s Coming He points out that transactions on the XRP Ledger settle in 3–5 seconds and cost fractions of a penny. That beats SWIFT transfers, which can take days and cost up to $50 per payment. XRP still trades around $2,25 but that figure, he argues, won’t stay low for long if the token keeps winning regulatory approvals and new partners. XRP is the most disruptive financial technology of our lifetime. Ripple isn’t just competing with the banking system, it’s replacing it. The old system is dead. The new financial rails are being laid right before your eyes. Stay asleep and you’ll miss the greatest wealth transfer… — Coach, JV (@Coachjv_) July 2, 2025 Ripple’s Technology Versus Legacy Rails Based on reports, RippleNet now counts more than 300 financial institutions in its network. Yet daily on‑chain volumes for XRP hover around $1 billion—small next to global cross‑border flows of roughly $150 billion per day. Banks are testing the tech, but most haven’t shifted large sums yet. That gap between tests and real‑world use is one reason XRP’s price has stayed below its all‑time high for seven years. Push For Regulatory Clarity XRP backers are watching the US carefully. They see growing buzz around spot XRP ETFs. Analysts like Eric Balchunas have given those filings up to 95% odds of approval by year‑end. If an ETF hits a US exchange, they say, more money will pour in. Ripple has also been chasing money‑transmitter licenses in Europe and Asia. Every new license, they believe, brings Ripple a step closer to mainstream use. Community Calls For Patience Coach JV keeps telling followers not to panic over a stagnant price. He uses phrases like “greatest wealth transfer in history” to drive home his point. In an earlier tweet, he promised “unimaginable wealth” for anyone who holds on. Other voices, such as commentator Edoardo Farina, point out that only about 1 to 2 million people hold XRP today. That number, they say, leaves room for 100 million or more newcomers—and more buyers often means higher prices. Related Reading: The Silent Bitcoin Accumulation: Public Companies’ Surprising H1 2025 Lead Analysts Caution Over Hype Even so, some experts urge caution. They note that bold forecasts don’t guarantee buy‑in from big banks or regulators. An ETF approval won’t force funds to rush in overnight. And test programs don’t always turn into full rollouts. For now, XRP remains a high‑risk play. Investors should track on‑chain metrics and regulatory milestones before getting swept up in the hype. Featured image from Meta, chart from TradingView

Crypto analyst CasiTrades has predicted that the XRP price could record a 30% rally to $2.8. She further revealed what the altcoin needs to do first to gain momentum to reach this level, which could pave the way to new highs.  XRP Price Eyes Rally To $2.8 With This Classic Confirmation In an X post, CasiTrades shared an accompanying chart that showed that the XRP price could soon rally to as high as $2.8. The analyst indicated that the $2.25 support zone will decide the altcoin’s next move. She said that she is looking for that classic confirmation, whereby XRP breaks $2.25 and then comes back to test it as support.  Related Reading: XRP Price: Here’s What Has Been Driving The Calls For 1,000% CasiTrades remarked that the flip of $2.25 as support could be fast, signaling that the market is ready for continuation. She predicts that the flip of $2.25 could open the door to $2.69. The analyst added that it is possible that the XRP price trends closer towards $2.69. This could be near $2.45, with a final exhausted high at the resistance fib. Based on her accompanying chart, a rally to $2.8 could also be in play.  Commenting on the current XRP price action, the analyst stated that the XRP price continues to respect the 0.382 retracement, which she claimed is the exact apex of the consolidation. She further remarked that every reaction at this current level reinforces how significant the range is. CasiTrades added that the test and bounce off the top of the upper trendline indicates that the market is gearing up for another run at the $2.25 resistance.  She also said that the Relative Strength Index (RSI) will be crucial at each of these resistance prices to monitor exhaustion or strength. However, the analyst is confident that the bullish structure is still valid for the XRP price. The altcoin simply needs to hold the 0.382 retracement level, flip $2.25, and then it can rally to the upside. Short-Term Targets For The Altcoin In an X post, crypto analyst Egrag Crypto outlined the short-term targets for the XRP price. He stated that a close above $2.35 would be bullish for the altcoin. Meanwhile, a close above $2.42 would be super bullish for XRP. A close above these targets would also be significant as it would mean that the altcoin has flipped the $2.25 resistance, which CasiTrades highlighted.  Related Reading: Analyst Reveals Rational Behind XRP Price Reaching $9.5 And $37.5 In the long term, the crypto analyst is confident that the XRP price can reach double digits. He recently predicted that the altcoin could reach between $9.5 and $37.5 in this market cycle. He alluded to historical cycles as the reason XRP could reach these targets.  At the time of writing, the XRP price is trading at around $2.24, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

The wait for altcoin season continues as the crypto market is still showing signs of bearish movement. Expectations are high that the altcoin market will begin to rally soon, but not everyone is optimistic that the altcoin season is coming. One of those is market analyst and expert Stockmoney Lizards, who has said that it is not happening soon. Altcoin Season Is Not Happening Soon In an X (formerly Twitter) post, Stockmoney Lizards informed their over 160,000 followers that the altcoin season could not be happening anytime soon. The analyst said that it is “not even remotely close”, pointing to the rising Bitcoin dominance as the reason why the altcoin season is still far off. Related Reading: Analyst Says Cycle Is Not Finished Amid 2 Years Of Bitcoin Sideways Movement Analyzing the chart, the market expert explains that despite the Bitcoin dominance having fallen by around 2%, it still doesn’t mean much. This is because the dominance is still very strong and continues to trade inside the channel. This channel also charts a possible increase in the Bitcoin dominance from here, which would be detrimental for altcoins. So far, the Bitcoin dominance has also managed to hold above 65%. While this is not the highest it has ever been, it is still incredibly high, with previous altcoin seasons not happening until the dominance had fallen toward 40%. The analyst doesn’t entirely rule out the possibility of an altcoin season, saying it will still come. However, for now, Bitcoin continues to dominate, as he explains that “BTC is the measure of all things.” Altcoin Dominance Reaches 2021 Levels As the Bitcoin dominance has risen and the altcoin dominance has fallen, they have gone toward levels not seen in years. For example, the last time the Bitcoin dominance was above 65% was back in 2021 before it crashed to usher in the altcoin season, according to data from CoinMarketCap. Related Reading: AI Founder Puts XRP Price As High As $20-$30 Even worse is the Ethereum dominance, which has dropped to 5-year lows. Sitting at only 8%, it is now at levels recorded back in 2020 before the market rebounded from the COVID-19 crash. This has greatly diminished Ethereum’s ability to pull the altcoin market up with it. In the same vein, the altcoin dominance, excluding Ethereum, has now dropped to 26%. The last time that the OTHERS dominance was this low was in 2021. However, this was right around when the altcoin season was starting, suggesting that the current market could be at the cusp of another altcoin run. Nevertheless, for there to be any sustainable altcoin season, the Bitcoin dominance must first crash. Going by what happened back in 2017 and 2021, at least a 40% crash in the Bitcoin dominance is required to usher in the altcoin season. Featured image from Getty Images, chart from TradingView.com

Ethereum continues to exhibit limited upward price movement despite earlier gains last week. Over the past seven days, the asset has gained only 0.3%, while it declined 0.2% in the past 24 hours. At the time of writing, Ethereum is trading at $2,436. Notably, the ongoing lack of momentum reflects broader hesitation in the crypto market, even as institutional activity and whale behaviors provide structural support for price levels. Related Reading: Ethereum Indecision Masks A Bullish Setup – Here’s Why BTC Holds The Key Ethereum Whales Accumulate, Retail Traders Remain Inactive In a recent market insight shared on CryptoQuant’s QuickTake platform, on-chain analyst Banker described Ethereum’s current phase as a “deadlock.” According to him, the market is witnessing steady accumulation from large holders, particularly visible through consistent ~60,000 ETH in weekly staking inflows and significant negative exchange netflows, which point to withdrawal activity exceeding deposits. However, these developments are being met with little to no increased activity from retail investors, creating a state of stagnation rather than bullish momentum. Banker noted that exchange data shows over 200,000 ETH being withdrawn in recent spikes, likely absorbed by institutional players. On the other hand, retail-driven deposits, which have reached around 100,000 ETH since 2023, are not enough to create breakout pressure. Daily active addresses remain flat at 300,000–400,000 levels, far below what has historically coincided with strong upward moves in Ethereum’s price. The neutral funding rate of 0.004% further reflects a lack of directional conviction among leveraged traders. According to Banker, the continued withdrawal activity by whales, combined with stable leverage usage, is creating a kind of supply squeeze that prevents significant downside pressure. However, without renewed participation from retail investors or a rise in daily address activity above 400,000, Ethereum is likely to remain within a narrow range. The report concludes that while downside is being contained by large holders, a meaningful breakout would require broader market engagement or a clear external catalyst. Exchange Activity, Divergences, and Macro Factors Add Headwinds Meanwhile, in a separate post, CryptoQuant analyst Amr Taha examined Ethereum’s exchange inflows and derivatives data, suggesting the market may be on the verge of short-term volatility. Taha reported that on July 1, over 100,000 ETH, worth around $250 million, were sent to Binance in two separate transactions. Such large inflows typically indicate selling intentions or a preparation for trades, especially when they coincide with other bearish signals. Related Reading: Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure Taha also highlighted a divergence between Ethereum’s spot price and Binance Open Interest. While ETH recently printed three local highs above $2,500, Open Interest has continued to decline, forming three lower highs. This lack of confirmation by derivatives traders suggests hesitation to commit to long positions. At the same time, US Federal Reserve net liquidity has dropped from roughly $6.2 trillion to $5.84 trillion, tightening financial conditions and reducing capital flows into risk assets like crypto. According to Taha, unless macro conditions improve or Ethereum-specific demand surges, the asset could face downward pressure in the short term. Featured image created with DALL-E, Chart from TradingView

A cryptocurrency analyst has pointed out how Pudgy Penguins (PENGU) is starting to look similar to Pepe (PEPE) did before its explosion. Pudgy Penguins May Be Following A Similar Path As PEPE In a new post on X, analyst Ali Martinez has talked about how PENGU is showing to the memecoin PEPE in its price chart. Below are the graphs shared by Martinez comparing the trends of the two side-by-side. In both charts, the analyst has marked the Fibonacci Retracement levels for the assets, lines that are based on ratios from the famous Fibonacci series. The analyst has set the 1.0 level to a price top for both assets. For PEPE, it’s the high from 2023, and for PENGU, it’s the peak from the start of 2025. Similarly, the zero mark is taken at the bottom point. More specifically, the low that followed the aforementioned top in the coins. Martinez then drew the Fibonacci Retracement levels between the two end points, with each line corresponding to some percentage retracement from top to bottom. Related Reading: Ethereum In Demand: ETF Inflow Streak Extends To 7 Weeks It would appear that in PEPE’s case, the price bottom was followed by a recovery surge that topped above 0.5, the midway point of the Fibonacci scale. This high led into a retrace, but bullish momentum returned for the coin in 2024, resulting in a sharp explosion where its price far surpassed the 2023 top. From Pudgy Penguins’ chart, it’s apparent that something similar has been developing for it, as its price, too, has seen the pattern of a top above the 0.5 Fibonacci Retracement line, followed by a dip and now a rebound. The rebound in question corresponds to the altcoin’s impressive 50% rally over the past week. Even with this surge, however, the asset has only managed to return to the May high. While there has been some similarity between the two price charts, it should be noted that it’s not an exact mirror. For instance, the dip extended to 0.236 for PEPE, but the rebound came for PENGU before such a retracement could occur. With the rebound also not being as strong as PEPE’s so far, it only remains to be seen whether Pudgy Penguins’ surge would end up evolving into anything like the memecoin’s takeoff. As the analyst notes, “a daily close above $0.015–$0.017, and this train could be unstoppable.” Related Reading: Ethereum At Risk? If $2,200 Cracks, $1,160 May Be Coming Something that could also point toward a potential breakout for PENGU is this chart shared by Martinez earlier, showcasing that the altcoin has been traveling inside an Ascending Triangle over the last few months. Pudgy Penguins has recently climbed to the upper line of the pattern, situated around $0.015. Generally, breaks above the resistance line of an Ascending Triangle are considered to be bullish signals. So far, the coin hasn’t been able to surge past the line. PENGU Price At the time of writing, Pudgy Penguins is trading around $0.0148, up over 4% in the last 24 hours. Featured image from Dall-E, charts from TradingView.com

The Bitcoin dominance remaining on the high side has been one of the major hindrances for the altcoin season. Going by past performances, the Bitcoin dominance would have to crash for altcoins to have a chance to rally, but with the dominance still climbing, the chances of an altcoin season remain slim. As this trend continues, a crypto analyst has predicted a possible turn in the tide for the Bitcoin dominance, predicting a crash that could give altcoins a chance. Bitcoin Dominance Rejection From Trendline Is Key Over the years, the Bitcoin dominance has been following a trendline that has often marked the point of resistance. This trendline rises from 2017 and has sloped down past 2021 and now into the year 2025. The significance behind this is the breakdown from the trendline and the Bitcoin dominance receding sharply from here. Related Reading: Pundit Warns Bitcoin Is Setting Up Liquidity Traps As It Campaigns For New ATHs Presently, the Bitcoin dominance is still sitting high above 65% at the time of this writing, but this recent rise has seen it touch the resistance trendline. According to crypto analyst CoreCrypto, this is a critical inflection point, especially on the weekly chart. More importantly, this is usually the point where dominance recedes, giving rise to altcoin dominance. Some major developments that the analyst tells investors to watch on the dominance chart include a rejection from the resistance trendline, where the dominance currently lies above 65%. There is also support for the dominance, as shown by the yellow line in the chart below. A break below this support is critical for the fall in the dominance. Another development to watch out for is for rising Ethereum strength. In the past, the Ethereum price starting to outperform the Bitcoin price has often signaled the start of the altcoin season. So, as the ETHBTC chart begins to strengthen and Bitcoin succumbs to sideways movement, it opens the door for altcoins to rally into the next altcoin season. Related Reading: Bitcoin Price At $145,000 In September? Bullish Dojis Suggest Upward Move In the event of a break from the resistance trendline, the analyst sees the possibility of a sharp decline. CoreCrypto predicts a 36.91% drop to the 42%-45% levels. This is lower compared to previous altcoin seasons, but follows the declining trend of a 50.79% drop in 2017 compared to a 45.10% drop in 2021. “If BTC.D gets rejected from this resistance again, it could mark the start of the long-awaited Altseason 2025,” the crypto analyst explained. “A breakdown from this wedge would likely result in capital rotation from BTC into altcoins — just like in previous cycles.” Featured image from Dall.E, chart from TradingView.com

While the broader crypto market experienced a downturn with a 2.7% decline in total market cap over the past 24 hours, TRON (TRX) managed to move in the opposite direction. TRX recorded a 0.6% gain during the same timeframe, bringing its current trading price to $0.2788. Zooming out to a weekly view, TRON has posted a 2.4% increase, standing out among major assets amid an otherwise lukewarm market. This movement has caught the attention of on-chain analysts tracking deeper signals in the TRON ecosystem. According to CryptoQuant analyst Darkfost, TRON’s long-term price behavior reveals increasing resilience and a diminishing susceptibility to extreme volatility. Related Reading: Tron’s 374% Profit-Taking Spree Uncovered—Here’s Who Was Behind It Reduced Drawdowns Point to Market Maturity In a recent post titled “TRX Drawdowns Highlight Growing Resilience,” Darkfost shared drawdown analysis as evidence that TRON has become structurally more stable over time. He explained that drawdown metrics, which measure the peak-to-trough decline in an asset’s price, can serve as a reliable tool for identifying strategic market entry points. Darkfost highlighted four major TRX drawdown periods since 2020: a 61% drop in March 2020, a 70% fall in June 2021, a 55% decline in January 2022, and a 40% decrease in January 2025. Each of these correction phases was followed by significant recoveries. However, the drawdown depth has consistently decreased with each cycle, a development the analyst interprets as a sign of increasing investor confidence and capital retention in the TRON network. “With TRX now trading around $0.27, each of these drawdowns has proven to be profitable in hindsight,” Darkfost noted. He added that the trend suggests that TRON is evolving into a more stable asset class with stronger market positioning. Contributing to this stability is the ongoing flow of capital and growing ecosystem usage, particularly for stablecoin transactions. TRON has become a dominant layer for Tether (USDT) transfers, and data from CryptoQuant analyst Maartunn supports this view. TRON Surpasses Ethereum in Stablecoin Settlement In a separate post, Maartunn reported that TRON processed a record $23.4 billion in daily USDT transfers on June 25, 2025, an all-time high for the network. This figure significantly surpasses the $9.9 billion handled by Ethereum on the same day, highlighting the divergence between the two blockchains. Maartunn pointed out that TRON has outperformed Ethereum in USDT transfer volume since mid-2022, noting that the gap between the two networks continues to widen. “The chart doesn’t just show a record; it highlights the growing gap between TRON and Ethereum,” he wrote. While Ethereum’s USDT activity has declined roughly 39% since its November 2024 peak, TRON remains in an upward trend. This transition signals a growing role for TRON as the main settlement layer for Tether transactions, while Ethereum appears to be shifting toward other use cases. Featured image created with DALL-E, Chart from TradingView

Ethereum has stayed under the radar as Bitcoin grabs headlines. But new data shows long‑term holders have quietly built up a huge stash of ETH. This might set the stage for a big move when markets heat up. Related Reading: Insane Or Insightful? VC Firm Says XRP Could Reach Nearly $9,000 In Just 5 Years According to on‑chain trackers, close to 30 million ETH is now sitting in wallets that have never spent a single coin. These so‑called accumulation addresses only take in Ethereum and don’t send any out. That’s an all‑time high for this group of holders. They’ve piled in even though Ether is trading far below its peak. Many of these investors seem to believe a rally is coming. $ETH on-chain activity is spiking. The sleeping giant is about to wake up! pic.twitter.com/1Pq6L0g5hH — Crypto Rover (@rovercrc) June 28, 2025 Rising Hoards Signal Confidence The pace of ETH going into cold wallets has shot up sharply over the past few months. It’s a bigger build‑up than in past cycles. If history is any guide, that sort of move usually precedes a price surge. Long‑term holders often buy early and hold tight before a big run. This kind of confidence from big players can spark wider interest. Network Traffic Hits Peak Based on reports, daily transactions on Ethereum just topped 1,500,000. That’s the most since early 2023. A rise in on‑chain transfers often points to more users, more apps and more trading. When people send coins or use smart contracts, they fuel network fees and show real demand. High activity can pull in more traders looking to catch the next wave. Technical Barriers Remain ETH is trading near $2,460 and it hasn’t cleared two key hurdles yet. The 50‑day moving average sits just above price, as does the 200‑day line. Those are tough barriers for any asset. Momentum tools aren’t screaming “buy” yet, either. The RSI sits around 49 and the MACD has flattened out after a stretch of weak readings. On‑balance volume is low, which means big buyers are still cautious. Related Reading: Crypto Bombshell: Developer Claims XRP Could Hit $20,000 What Comes Next For ETH? Even with strong on‑chain signs, price needs to break past $2,600 before bulls can charge ahead. If Ethereum can push through that level, the road to $3,000 would look clear. Traders will watch for volume spikes and a steady move above those moving averages. If it fails, the big holders could be stuck on the sidelines, holding bags that lose value. Featured image from Unsplash, chart from TradingView

Bitcoin and Ethereum both posted modest gains in the past week, with BTC rising 6.2% and ETH up by 9.6%. However, momentum appears to have paused at the start of the new week. As of Monday, Bitcoin trades just above $107,000 after a slight 0.6% daily dip, while Ethereum has remained flat over the past 24 hours. Analysts have turned to blockchain data and macro signals for cues on where the market may head next. Related Reading: Bitcoin Freezes Over $100,000 As OG Whales ‘Dump On Wall Street’: Expert Bitcoin and Ethereum Onchain Trend Recent insights from CryptoQuant Quicktake platform contributor Amr Taha provide some context behind the price action. In a detailed post, Taha noted that Ethereum inflows to Binance have continued for five consecutive days, a trend that could suggest either rising sell pressure or repositioning by major players. At the same time, data from Bitcoin’s short-term holder (STH) Net Position Realized Cap shows a notable reversal, increasing from negative $49 billion to over $5 billion. This pattern is typically associated with increased activity from retail investors, especially during periods of upward price movement. Taha noted: Historically, spikes in (STH) occur near potential market tops, as retail investors tend to FOMO into Bitcoin rallies. While this doesn’t necessarily signal a reversal, it has often preceded short-term corrections or periods of sideways consolidation. Bitcoin’s steady climb in June, despite occasional pullbacks, appears to have encouraged smaller investors to re-enter the market. In the case of Ethereum, another CryptoQuant analyst, “crypto sunmoon,” pointed to continued accumulation by long-term holders during last month’s price consolidation. This suggests a different dynamic is at play on the Ethereum side, with more patient capital building positions amid ongoing price suppression. Long-term holder accumulation often indicates growing confidence in an asset’s future, even if current market conditions appear lackluster. US Policy and Macro Risk Add Layers to Market Outlook Beyond market behavior, external factors may also shape crypto price action. Amr Taha highlighted recent political developments in the United States, particularly former President Donald Trump’s announcement of a proposed Senate bill promising wide-reaching tax cuts. The bill, which excludes taxes on tips, overtime, and Social Security income, could lead to an increase in consumer liquidity. If passed, this could impact investor appetite across both traditional and digital markets by temporarily boosting household spending power. Related Reading: Bitcoin Bears Are Taking Fresh Market Positions, But Are They Safe? However, not everybody is convinced of the bill’s long-term implications. Tesla CEO Elon Musk warned that the measure, if not accompanied by spending cuts, could expand the federal deficit and lead to economic instability over time. Large fiscal imbalances often have ripple effects on monetary policy, potentially affecting interest rates, inflation expectations, and risk sentiment, all of which can influence investor behavior in crypto markets. Taha concluded: Geopolitical disturbances can significantly impact investor sentiment. In response, investors might reconsider their positions in asset markets, possibly moving away from riskier assets and equities toward more stable options like bonds or safe-haven currencies. Featured image created with DALL-E, Chart from TradingView

US regulators and market watchers are eyeing a fresh valuation study that puts XRP on track for a dramatic price surge by 2030. Related Reading: The $100K Mirage: Bitcoin’s Rally Not Backed By On-Chain Strength According to Valhil Capital’s deep‑dive report, XRP could climb from its current price into a range between $4,813 and $9,000 in just five years. That forecast hinges on a model that treats XRP not only as a quick way to move money but also as a store of value. Model Weighs Store Of Value According to the Athey & Mitchnick Model used by Valhil Capital, XRP’s role goes way beyond sending payments. The study gives much more weight to people holding XRP like they would gold. In their view, as more folks start treating XRP as a place to park money, fewer coins stay in circulation. That tight supply pushes the price higher. The model blends economic ideas, real‑world trends, and crypto market moves to arrive at its numbers. Key Figures Drive Forecast Based on reports, the model assumes daily transactions on XRP Ledger will hit $700 billion by 2030. It uses a one‑second transaction speed and the current 56.5 billion XRP supply. With a 10% discount rate and a five‑year adoption window, the study pegs a mid‑case price of $4,813 if about 10% of global payments run on XRPL. In a more bullish view, the researchers push store‑of‑value demand to $1 quadrillion, which shoots the price beyond $9,000. Even a $100 trillion demand level would land XRP at $908 per token. Virtuous Cycle Could Fuel Growth Based on reports from Valhil Capital, the so‑called Virtuous Cycle Flywheel could spark a feedback loop. First, higher use of XRP for cross‑border payments and FX trades drives up demand. Then, price gains lure more holders to lock away their coins, shrinking the free float. That scarcity pushes prices even higher. As value climbs, new use cases could pop up, drawing in more users and adding another spin to the cycle. Regulation And Competition Loom Large XRP’s path to mass use isn’t smooth. Legal questions still swirl around its status in the US and elsewhere. That uncertainty may scare off big financial players. Plus, central bank digital currencies, stablecoins, and rival blockchains are all chasing the same slice of the cross‑border market. Related Reading: Crypto Bombshell: Developer Claims XRP Could Hit $20,000 Valhil Capital calls its forecast “conservative” because it skips markets like derivatives and real estate. Yet it also admits it can’t guess future rules or fresh ways people might use XRP. Featured image from Unsplash, chart from TradingView

Crypto analyst Egrag Crypto has provided a detailed breakdown of how the XRP price could reach between $9.5 and $37.5. He alluded to previous cycles as the rationale behind why the altcoin could reach such ambitious targets in this market cycle.  Rationale Behind XRP Price Rally To $9.5 And $37.5 In an X post, Egrag Crypto stated that historical cycles show that the XRP price always rises above the Exponential Moving Average (EMA) and then retests it. He added that the final move from that retest point to the cycle’s top creates the blowoff peak. In Cycle 1, XRP recorded around a 2,000% gain while the altcoin surged 455% from the retest point in Cycle 2.  Related Reading: Analyst Puts XRP Cycle High At $20-$30, Here’s Why Egrag Crypto then applied these percentages to the current cycle to show why the XRP price could reach $9.5 and $37.5. He noted that after the initial surge and retest in April 2025, the EMA will likely rise with the price, setting the stage for the next big move. Based on these historical blowoff phases, the analyst said that XRP could record another 2,000% increase and reach $37.5. On the other hand, the XRP price could mirror the second cycle and record a more conservative 455% rise, which puts the altcoin at $9.5. Egrag Crypto’s accompanying chart showed that XRP could reach either of these targets by September 1 later this year. Meanwhile, the analyst advised market participants to choose their targets wisely. He also told them to set their exit plans, avoid getting caught up in hype, stick to their strategy, and get prepared.  Breakout In Progress For XRP In an X post, crypto analyst CasiTrades stated that the $2.25 level is loading for the XRP price following its reclaim of the $2.07 level. Based on this price action, she remarked that a breakout was in progress. This $2.25 also represents the macro .382, a key level which the analyst has been alluding to for months.  Related Reading: XRP Price Completes Bearish Retest As Macro Signals Point To $2.65 CasiTrades declared that momentum is building for the XRP price and that Ripple’s decision to drop its cross-appeal against the SEC is further fueling this momentum. From the current level, she stated that she is watching two key scenarios in the short term. First, the altcoin could move into $2.30, then pull back to test $2.25 as support. The analyst remarked that this would be “ideal and healthy.” For the second scenario, CasiTrades predicts that the XRP price could push harder through to $2.45, which is closer to the $2.69 resistance. Then, the altcoin would witness a slight pullback before touching the $2.69 level with resistance. For this scenario, she believes that a retest of $2.25 later would be expected.  At the time of writing, the XRP price is trading at around $2.19, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

Cardano is making moves to become a hub for Bitcoin DeFi. According to Cardano founder Charles Hoskinson, the network has rolled out a string of upgrades, yet it still needs a strong message to win over users and investors. He argues that without a clear voice steering the story, those technical gains risk getting lost in the noise. Related Reading: The $100K Mirage: Bitcoin’s Rally Not Backed By On-Chain Strength Network Champions New Features Cardano’s team has added Leios, a new smart contract framework, and Hydra, a layer‑2 scaling solution that promises faster transactions. They’ve also launched the Midnight Glacier Drop, which aims to boost data privacy for on‑chain applications. Based on reports, Minswap—the largest decentralized exchange on Cardano—is preparing to support Bitcoin, with plans to tap into a $2 trillion liquidity pool. At the same time, Lace Wallet is gaining traction among everyday users, and USDM, a stablecoin backed by dollar reserves, is picking up steam. We got Leios, Hydra, Midnight, and Bitcoin DeFi alongside governance, security and decentralization. Bitcoin DeFi is indeed the largest opportunity, but the single biggest issue is that we are missing a competent Foundation and executive authority to push these narratives into… https://t.co/t3j4ULTTe8 — Charles Hoskinson (@IOHK_Charles) June 29, 2025 Hoskinson Points To Executive Gap Despite those wins, Hoskinson says Cardano is missing a “competent Foundation and executive authority” to shape market views. He’s taken to X to share his concerns, but some in the community have pushed back hard. A few podcasters and thought leaders have labeled Cardano a “dying chain.” Hoskinson admits that stepping into the narrative has drawn plenty of criticism—yet he feels it’s needed if Cardano is to claim its place in Bitcoin‑based finance. Input Output Global’s Role Input Output Global (IOG), Hoskinson’s company, will keep guiding Cardano as its core coordinator. He warns this work comes at a cost: “It’s been brutal and expensive this year,” he said, referring to waves of negative comments and legal threats. He adds that it’s “dehumanizing” to be blamed for every hiccup on the network while not getting credit for the wins. Related Reading: Crypto Bombshell: Developer Claims XRP Could Hit $20,000 Rare Evo Conference In Focus Looking ahead, Hoskinson is counting on Rare Evo, a crypto conference, to reset the conversation. He believes the community will use that event to settle governance questions and update Cardano’s constitution with delegated executive powers. There’s even talk of a sovereign wealth fund to back Bitcoin DeFi on the chain. Built on top of Bitcoin, Bitcoin DeFi (BTCFi) is a network of decentralized financial applications. Last year, Hoskinson pushed a plan to convert $100 million worth of ADA into stablecoin liquidity. That idea sparked fierce debate. Now, he hopes Rare Evo will help turn bold ideas into solid support. Cardano’s path forward may hinge on blending strong tech work with a clear, unified story. As Bitcoin DeFi edges closer, the project that can tell the best story might win the most attention—and the most funds. Featured image from Unsplash, chart from TradingView

A new wave of debate is sweeping through crypto circles as some analysts suggest XRP could someday trade at $20,000 per coin. The price today sits near $2. That means a 10,000× jump from current levels. Related Reading: Stablecoin Skepticism Grows As IMF Official Challenges Their Money Role According to reports, the idea first took shape in 2022, when game developer and XRP backer Chad Steingraber laid out a plan that leaned on big banks and tokenized assets. Now, that bold forecast has resurfaced on social platform X, sparking fresh talk about where this digital token might head next. “The Chad Steingraber Theory” – The Road to a $20K #XRP A Thread????from The Future… I’m going to tell you a story and I’ll spin it so that all you need is an interest to learn what’s in store for all of us. Grab a drink, grab a snack and let’s take a ride, shall we? — Chad Steingraber (@ChadSteingraber) August 18, 2022 Rise Of Tokenized Assets According to Steingraber, the first step involves issuing stablecoins and central bank digital currencies on the XRP Ledger. Every time a new token launches there, it would need XRP to settle transactions. That could push up daily demand. Today, only a handful of tokens sit on the XRP chain, but he sees that growing into the hundreds. If even 100 new coins adopt XRP settlements, demand could climb by billions of dollars each year. It consists of three components: 1 – Assets built on the XRP Ledger (Stablecoins are the “utility”) 2 – XRP becomes a reserve asset to power the utility 3 – XRP is removed from public supply by institutions This is how IT WILL. ???? https://t.co/d7ysY5euXc — Chad Steingraber (@ChadSteingraber) June 28, 2025 Banks Holding XRP As Gold Based on reports, the second driver is banks treating XRP like a reserve asset. Instead of just trading it on public exchanges, financial firms would stash XRP in private ledgers to back their own digital currencies. He points to “many institutions” that have already floated plans to include XRP in their reserve piles. If each of those firms holds hundreds of millions of dollars in XRP, it could remove a large chunk of supply from open markets. Institutional Absorption Of Supply Here’s where the math gets eye‑popping. XRP’s total supply is capped at 100 billion. But Steingraber says roughly 20 billion tokens remain in public hands after accounting for locks, burns, and lost keys. If big institutions lock away most of that, circulation could shrink to under 100 million. That would set the stage for a classic supply shock. He even predicts prices could surge from cents to thousands of dollars within hours once companies dive in. Regulatory And Competition Hurdles Despite the excitement, there are clear roadblocks. XRP is still fighting the US Securities and Exchange Commission in court. A final loss could stall deals or scare off banks. At the same time, rival chains like Ethereum and Solana also host tokenized assets. Those networks already see billions in daily volume. XRP would need to prove it offers something stronger or faster to win over big players. Related Reading: The $100K Mirage: Bitcoin’s Rally Not Backed By On-Chain Strength A Long Shot With Big Ifs This forecast hinges on three big “ifs”: strong tokenization growth, banks stacking XRP as reserves, and a real supply squeeze on public markets. If any one of those doesn’t materialize, the $20,000 mark drifts further away. Still, it makes for a gripping story. For now, XRP traders will watch legal filings and ledger activity with fresh eyes, wondering if this bold theory has any chance of coming true. Featured image from Pixabay, chart from TradingView

Dogecoin has spent the majority of the past five days trading within a tight range between $0.156 and $0.165. Notably, the meme coin is now showing early signs of stabilization after its steep correction earlier this month, with bulls beginning to reclaim ground after a drop below the $0.17 price barrier. Related Reading: The $100K Mirage: Bitcoin’s Rally Not Backed By On-Chain Strength Reclaiming the $0.17 level is important, according to technical analysis of Dogecoin’s price. This technical backdrop sets the stage for a projected price move to $0.21. TD Sequential Flashes Buy Signal For Dogecoin Dogecoin’s 3-day candlestick timeframe chart shows that the meme coin is currently trading just above an ascending trendline that dates back to late 2023, which has acted as a key support level across multiple correction cycles. Despite the recent volatility, the price structure appears to be ready for a possible bounce move from here due to the formation of less volatile candlesticks and higher lows just above the 0.5 Fibonacci retracement level around $0.165. Taking to the social media platform X, crypto analyst Ali Martinez revealed an interesting bullish signal taking place on the same 3-day candlestick timeframe. According to Martinez, Dogecoin has just triggered a buy signal on the 3-day TD Sequential indicator. This tool, which identifies trend exhaustion and possible reversals, has been quite useful in predicting buy and sell zones this cycle.  However, the bullish outlook depends on Dogecoin reclaiming the $0.17 price level, which is now working as some sort of resistance. Martinez noted that a breakout above this price level could allow Dogecoin to rebound to $0.21. Notably, this $0.21 price target coincides with the 0.618 Fibonacci extension from Dogecoin’s October 2023 low. Image From X: @ali_charts Path To $0.21 Needs Enough Volume For Dogecoin to confirm a return to $0.21, market participation must return in a meaningful way. This is because Dogecoin’s trading volume has been notably low over the past few days. According to data from CoinMarketCap, Dogecoin’s 24-hour trading volume is currently at just $400 million, which is a 36.7% decrease from the previous day. This level of activity is significantly below Dogecoin’s usual trading volume during periods of upward momentum. Related Reading: Stablecoin Skepticism Grows As IMF Official Challenges Their Money Role Such a slowdown in volume suggests that, despite the bullish technical signal from the TD Sequential indicator, the necessary follow-through from buyers is yet to be confirmed.  At the time of writing, Dogecoin is trading at $0.1637, up by 1.7% in the past 24 hours. Until volume picks up, Dogecoin may continue to consolidate or even drift sideways, regardless of the bullish indicators. Unless there’s strong interest and stronger inflows, the breakout setup could fizzle out or result in another rejection at $0.17. Featured image from Unsplash, chart from TradingView

Crypto analyst XForce has predicted that Ethereum could reach a new all-time high (ATH) of $10,000 in this market cycle. He acknowledged that there is yet to be a macro fundamental that supports this bullish outlook, but remarked that it remains “ideal.” Ethereum Eyeing Rally To As High As $10,000 In an X post, XForce stated that Ethereum is still looking to shoot for a new ATH this cycle and could end around $9,000 to $10,000. This followed his remarks that ETH’s move up on the shorter timeframes was objectively impulsive. In other words, these rallies were bullish with real-time technical indicators.  Related Reading: Is Ethereum Staging A Repeat Of 2021? Here’s Why A 200% Surge Could Follow As to what could drive this Ethereum rally to $10,000, XForce noted that there is no macro scenario providing a good look. However, he remarked that this rally to this ambitious target remains only ideal in nature, given the context. The analyst added that this idea remains his primary prediction for now.  Crypto analyst Venturefounder also recently predicted that Ethereum could reach this $10,000 price target in this market cycle. However, the analyst declared that ETH’s run to this ambitious target depends on whether the altcoin is able to flip $4,000 into support by the fourth quarter of this year.  Crypto analyst Titan of Crypto also recently suggested that Ethereum was ready for a lift-off. In an X post, he stated that after a failed breakout, ETH deviated below and found support right on the cloud. Now, the altcoin is back within the range. For a bullish momentum to resume, Titan of Crypto claimed that ETH must clear the cloud and reclaim the Kijun around $2,500. The analyst had previously predicted that Ethereum could rally to $8,500 in this market cycle.  An Ultra Bullish Scenario For ETH In response to his initial X post, XForce provided an alternative scenario for Ethereum, in which it could rally to as high as $150,000. The analyst remarked that it would be wild to see this play out, but that it remains an option based on an idealized 5-wave structure. ETH is expected to reach the $150,000 target on Wave 5.  Related Reading: Ethereum Price Crash To $2,100 Triggers Fear, But Why Are Analysts Predicting A Rally To $6,000? XForce’s accompanying chart showed that Ethereum could reach this $150,000 target by July 2028. The analyst remarked that the uber bullish scenario remains his alternative because there seems to be no logical approach for ETH to reach such levels. He again warned that neither scenario provides the proper context on the macro, but only remains ideal. As such, based on logic, XForce remarked that it is best to choose the best of the worst.  At the time of writing, the Ethereum price is trading at around $2,400, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

ONDO is under pressure after a sharp 33% decline from its May highs, reflecting growing uncertainty and bearish momentum across the market. Once a standout performer, the token has lost steam as sentiment shifts and price action turns decisively negative. While some traders are still watching for potential rebounds, many analysts are now calling for a breakdown, warning that the current structure could give way to deeper losses if key support levels fail to hold. Related Reading: Bitcoin Forms 4-Year Inverse H&S Pattern – Neckline Break Could Send It Parabolic The mood around ONDO remains divided. Some investors view the dip as a healthy retrace in a broader uptrend, while others see it as the start of a more extended correction. Top analyst Ali Martinez has added to the cautious outlook, noting that ONDO is breaking out of an ascending channel to the downside—an often bearish signal. This pattern suggests that momentum is weakening and that the token could soon test lower demand zones. With ONDO hovering near key technical levels and volume thinning, the coming days will be critical. If the breakdown continues, the price could revisit earlier consolidation areas. For now, bearish pressure dominates, and bulls must defend support convincingly to prevent further downside. Bulls Struggle To Hold Structure As Risks Grow As the broader altcoin market braces for a decisive move, ONDO remains trapped in a bearish structure, unable to establish clear demand. Bulls have struggled to reclaim momentum or push price above critical supply zones needed to maintain the long-term uptrend. With sellers dominating and key support levels under pressure, ONDO’s technical structure appears fragile. Despite recent weakness, some market participants remain cautiously optimistic about ONDO’s longer-term potential. Macro narratives around real-world asset tokenization continue to support fundamental interest, but short-term price action remains a challenge. The inability to hold above prior consolidation ranges suggests that buyers are not yet stepping in with enough conviction to flip the trend. Ali Martinez has raised alarms by highlighting a concerning technical development: ONDO is breaking out of an ascending channel—this time to the downside. Historically, this pattern signals a shift in market structure and sets the stage for more aggressive downside moves. Martinez’s outlook points to a potential slide toward the $0.29 level, which would mark a significant breakdown from current prices. For now, ONDO trades in a vulnerable position. If bulls fail to reclaim higher levels and restore momentum, the altcoin risks accelerating its decline. However, if sentiment shifts and broader market strength returns, ONDO could still recover in the coming months. Related Reading: Ethereum Staking Hits Record High: 29.02% Of Supply Locked Signals Long-Term Conviction ONDO Breaks Below Moving Averages As Bearish Momentum Builds ONDO is trading at $0.747 after failing to hold above key moving averages, with both the 50-day ($0.93) and 200-day ($1.00) simple moving averages now acting as overhead resistance. The current price structure on the 3-day chart shows a consistent downtrend, with lower highs and lower lows forming since the March peak. Price has now broken below the prior consolidation zone, signaling growing bearish momentum. The rejection from the $1.00 psychological level earlier this quarter added to downward pressure, and the break of the $0.80 level confirms that bulls are losing control of short-term structure. If ONDO continues to trade below both moving averages, it may struggle to find solid demand in the near term. Related Reading: Chainlink Reclaims Key Structure – Quiet Accumulation Could Fuel $25–$30 Surge Key historical resistance remains at $1.51, but with ONDO currently 50% below that level and forming a bearish structure, downside risk continues to dominate. A breakdown below $0.70 could accelerate the fall, potentially targeting the $0.60–$0.50 range where previous demand clusters formed in late 2023. For bulls to regain momentum, ONDO must reclaim the 50-day SMA and close above $0.85. Until then, the chart favors the bears, and the trend suggests caution for long positions. Featured image from Dall-E, chart from TradingView

A well-known crypto voice has stirred the pot by saying XRP could one day challenge Bitcoin’s top spot. His name is Charles Shrem, the guy behind the Blockchain Backer channel on YouTube. He’s been bullish on XRP for years. Now he’s saying outright that the altcoin is a threat to Bitcoin. That claim comes at a time when the altcoin is still trailing behind Bitcoin’s recent rally. Related Reading: TRUMP Token In Trouble? Over $4 Million Liquidity Exit Sparks Crash Fears XRP’s Rise And Fall Against Bitcoin According to charts, XRP jumped over 200% against Bitcoin from November 2024 to January 2025. That was an eye-popping move. Then things went south. Since February 2025, XRP lost about 30% against Bitcoin. Bitcoin, on the other hand, set new all-time highs after February. The crypto mostly hovered around $2. That big swing shows how fast fortunes can change in crypto markets. If it isn’t clear yet, XRP actually is a threat to Bitcoin. — Blockchain Backer (@BCBacker) June 26, 2025 Analyst Calls XRP A Serious Challenger Based on reports, Shrem has hinted at this view in the past. But he never put it so bluntly until now. He says Bitcoin fans feel threatened by XRP’s potential. He even pointed to online fights where Bitcoin maximalists blasted XRP and its backers. Shrem argues that those attacks prove it has real muscle behind it, at least in the minds of some big players. Trump’s Digital Asset Stockpile Debate In January 2025, US President Donald Trump signed an executive order asking a team to study a “digital asset stockpile.” It didn’t name Bitcoin or XRP. But the move sent shockwaves through crypto circles. The funny thing is… XRP was never mentioned in the executive order. But, the Bitcoiners have always known it’s the threat for the crown. That’s why the attack is on. They know. — Blockchain Backer (@BCBacker) January 24, 2025 Some Bitcoin supporters blamed XRP and Ripple’s boss, Brad Garlinghouse, for pushing to include the altcoin. That blew up into a heated online conflict. Shrem sees that clash as more proof of XRP’s rising profile. Bitcoiners are openly advertising that XRP may be a threat to overthrow Bitcoin. — Blockchain Backer (@BCBacker) January 24, 2025 Market Cap Gap Remains Wide XRP still has a long way to go. It trades at about $2.19 and boasts a market cap of $129.4 billion. Ethereum sits second with $295 billion. The crypto would need a 135% rise to hit $5. To match Bitcoin’s $2.125 trillion, the altcoin’s price must surge about $1,620% to $36. Back in October, analyst Dark Defender said XRP could reach $36. That call sounds bold today. Related Reading: Stablecoin Skepticism Grows As IMF Official Challenges Their Money Role Overcoming A Big Lead In Adoption XRP’s fast moves get people talking. Its ties to banks and quick payments give it a story that’s very different from Bitcoin’s. But displacing Bitcoin means overcoming a huge lead in adoption and mind share. For now, Shrem’s claim makes good headlines. Whether XRP can turn that talk into market gains is another question. For crypto fans, it’s one of the storylines to watch in the months ahead. Featured image from Enjoy Niigata, chart from TradingView

Ethereum is currently trading in a period of subdued price movement, reflecting broader consolidation across the crypto asset market. At the time of writing, ETH is trading around $2,423, marking a slight 0.9% daily decrease and standing more than 50% below its all-time high of $4,878. This stagnation has coincided with a broader lack of catalysts to drive a sustained rally, leaving traders cautious about Ethereum’s near-term trajectory. Despite this lack of price momentum, network activity on Ethereum tells a different story. Related Reading: Ethereum Reclaims $2,444 Level – Bullish Continuation In Focus Ethereum On-Chain Metrics Point to Increased Network Engagement According to CryptoQuant analyst Carmelo Alemán, the number of confirmed transactions on the Ethereum network recently spiked to 1,750,940, making it the third-highest daily transaction count in its history. Alemán notes this trend may signal underlying usage strength, even as market participants wait for a more significant price response. Alemán’s analysis focuses on Ethereum’s “Transaction Count (Total)” metric, which captures all forms of activity, including ETH transfers, smart contract executions, and interactions with decentralized applications and DeFi protocols. The recent surge reverses a months-long downtrend and represents the highest transaction count since January 14, when Ethereum recorded 1.96 million transactions. According to Alemán, this spike may be driven by increased arbitrage, trading activity, and interactions with Layer 2 networks, which continue to absorb substantial transaction volume. Platforms like Arbitrum and Optimism remain key contributors to Ethereum’s broader usage. He further points out that, despite ETH price volatility within the $2,100–$2,880 range in recent weeks, the uptick in network traffic may hint at early-stage accumulation or renewed DeFi interest. This dynamic, while not immediately reflected in the asset’s valuation, suggests that Ethereum’s core infrastructure continues to see meaningful use. Speculative Behavior and Exchange Flows Raise Short-Term Concerns Separately, another CryptoQuant analyst, Amr Taha, has examined Ethereum’s recent technical setup from a derivatives market perspective. Taha highlights that ETH funding rates on Binance have shifted from negative to positive territory, a sign that leveraged long positions are building, which may reflect expectations of continued price upside. However, this shift also raises the potential for overextension, particularly if longs begin to dominate positioning. Related Reading: Ethereum Fakes Out Bears – Altcoin Rally Depends On Key Level Breakout Taha also references a recent retest of a key short-squeeze zone, during which market participants who had shorted ETH were forced to close positions, triggering rapid buy orders. Such moves can generate short-term surges, but they’re often followed by correction phases once speculative energy fades. Meanwhile, exchange data showed more than 177,000 ETH deposited on Binance over three days, indicating potential sell pressure or repositioning by large holders. Featured image created with DALL-E, Chart from TradingView

Ethereum (ETH) has recorded strong gains over the past two weeks, rising from $2,111 on June 12 to $2,515 on June 25, reigniting hopes for a sustained bullish rally that could push the digital asset beyond the crucial $3,000 level. Ethereum Rally Marked By Shift In Dynamics According to a recent CryptoQuant Quicktake post by contributor Amr Taha, Ethereum’s latest rally has been accompanied by a notable shift in market dynamics – including a flip to positive funding rates, a potential short squeeze, and a rise in ETH inflows to Binance crypto exchange. Related Reading: Ethereum Breakout Imminent? Broadening Wedge Hints At $4,200 Surge Recent data from Binance reveals a significant shift in ETH funding rates from negative to positive. Positive funding rates typically indicate that traders are opening or holding leveraged long positions, reflecting expectations of further upside. However, rising funding rates may also raise the risk of a short-term price pullback if long positions become overextended. Data from CoinGlass shows that 68.15% of liquidations over the past 24 hours were long positions – highlighting this risk. Taha also emphasized the role of a short squeeze in Ethereum’s recent price surge and the increase in funding rates. As ETH’s price climbed, it retested the previous short-squeeze zone around $2,500. He explained: In that earlier event, short positions were forcibly closed by initiating aggressive market buy orders to cover their exposure, triggering a cascading effect known as a short squeeze. This dynamic occurs when traders who had bet against ETH (shorts) are forced to close their positions by aggressively buying back the asset to limit losses. Meanwhile, ETH inflows to Binance have also spiked. On-chain exchange data suggests that 177,000 ETH was deposited into Binance over a three-day period – an unusually high volume. Such a surge typically signals increased selling pressure or large-scale repositioning by major holders. Large transfers of ETH to exchanges often precede either potential sell-offs or liquidity provisioning. In conclusion, Taha noted that while a short-term correction may be likely, ETH’s breakout above $2,500 underscores the aggressive speculative activity driving its recent price action. Traders are advised to closely monitor funding rates and exchange flows for signs of an impending retracement. ETH Bulls Take The Charge Recent technical analysis suggests ETH may be gearing up for a breakout above the $2,800 resistance level. The asset also recently formed a golden cross on the daily chart, fuelling speculation that a new all-time high (ATH) could be within reach. Related Reading: Ethereum Bulls Wake Up: $4,000 Target Back on the Radar After Reclaiming Key Level That said, ETH is not entirely in the clear. Technical analyst Crypto Wave recently predicted that the cryptocurrency may revisit lower levels in the $1,700 to $1,950 range. At press time, ETH trades at $2,429, down 0.4% over the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com