Tag: High

Crypto Exchange Volume Hits YTD High of $1.8 Trillion, Here Are Key Drivers

Key Notes For August, crypto exchanges’ spot trading volume climbed to $1.8 trillion. This coincides with an increase in Ethereum institutional interest and adoption. In recent months, Ethereum led market enthusiasm and even outperformed Bitcoin. For the first time since January this year, crypto exchange volume topped $1.8 trillion in August. Also, there was a notable rise in Decentralized Exchange (DEX) volume in August. Binance Leads Crypto Exchange Volume Rally According to The Block’s data dashboard, crypto exchanges saw their spot trading volume rise 5% in August from July’s $1.77 trillion. …

Ethereum Staking Queue Hits Two-Year High, Exit Queue Drops

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The amount of Ether in the queue to be staked has surged to its highest level since 2023 as institutional traders and crypto treasury firms aim to scoop rewards for their holdings. On Tuesday, the Ethereum staking entry queue reached its highest level since September 2023, with onchain data showing 860,369 ETH, worth around $3.7 billion, waiting to be staked. “Honestly, this is pretty striking, because we haven’t seen queues of this size since 2023 when the Shanghai upgrade enabled withdrawals,” staking protocol Everstake said. The firm added that the…

Dogecoin Price Eyes Rebound, How High Can It Soar?

Key Notes Dogecoin price has found a critical support level at $0.205 amid price drawdowns. It is now trading at $0.2127, after a failed attempt to test upper levels last week. For now, the market is finding it difficult to sustain momentum amid shifts in market trends. Canine-themed meme coin Dogecoin DOGE $0.21 24h volatility: 4.1% Market cap: $31.24 B Vol. 24h: $2.10 B is currently at a point where it either bounces to around $0.242 or goes below $0.205, which is its critical support level now. The coin had…

Solana Real World Assets Hit $500M All-Time High: Will SOL Price Hit $300 in September?

Key Notes RWA project valuations on Solana surged to $500.10 million ATH with 10% monthly net inflows and growing adoption. SOL futures volume jumped 29.99% to $25.86 billion while open interest declined 4.60% indicating trader repositioning. Technical analysis shows potential for $300 target if SOL rebounds above $200 resistance with Fed rate cuts ahead. Solana SOL $199.6 24h volatility: 2.5% Market cap: $108.04 B Vol. 24h: $6.99 B price kicked off September under modest selling pressure, retracing 3% intraday to $198 on September 1, even after closing August above $200…

Ethereum Demand Climbs As Monthly Transactions Hit New All-Time High

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Ethereum has faced selling pressure and heightened volatility in recent days, testing the resolve of investors after setting fresh all-time highs last Sunday. Since then, ETH has retraced more than 11%, slipping back to key demand levels that could determine its short-term trajectory. The sharp pullback has introduced renewed uncertainty into the market, with traders debating whether this correction signals a pause before another rally or the beginning of deeper downside. Related Reading Despite the recent weakness in price action, Ethereum’s fundamentals remain strong. On-chain activity continues to expand, highlighting…

Report: Stablecoin Exchange Reserves at All-Time High as Capital Inflow Slows 

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A new divide in crypto liquidity is taking shape as stablecoin exchange reserves climb to unprecedented levels even while market capitalization growth cools, according to a new report from Cryptoquant’s analysts. Stablecoin Exchange Reserves Climb to $68B Onchain analytics firm, Cryptoquant, and data from cryptoquant.com, highlight that stablecoin exchange reserves have hit a record $68 […] Source

Solana Social Media Hype Hits 11-Week High As Price Jumps 16%

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Data shows social media sentiment around Solana has hit a 11-week high following the latest recovery surge in the cryptocurrency’s price. Solana Is Now Observing 5.8 Bullish Comments For Every Bearish Post In a new post on X, analytics firm Santiment has discussed about the latest trend in the Positive/Negative Sentiment for Solana. This indicator tells us about how the bullish and bearish comments related to SOL currently compare on the major social media platforms. The metric uses a machine-learning model to judge whether a given post/thread/message is positive or…

Bitcoin OG Who Told People To Buy BTC At $1 Reveals How High XRP Price Will Go

The crypto market is paying close attention after one of the most famous early Bitcoin voices shared a bold view on XRP. Davinci Jeremie, who gained notoriety for advising people to buy Bitcoin at just $1 back in 2013, has now issued a strong forecast for XRP, noting that the token’s chart displays a healthy structure and a bullish pattern.  Davinci Jeremie Maps XRP Price Path To $4.93 With Fibonacci Levels In his detailed breakdown, Jeremie focused on XRP’s recent movements and the structure forming on its chart. He pointed…

Ethereum’s All-Time High Sparks Short Squeeze Season—What Comes Next?

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Ethereum has achieved a new milestone by surpassing its previous all-time high set in 2021, climbing above $4,900 before a slight correction. At the time of writing, ETH trades around $4,655, representing an 8.2% gain over the past week. This rally comes after three years of consolidation below its former peak, marking a significant moment for the second-largest cryptocurrency by market capitalization. Unsurprisingly, Ethereum’s upward momentum has also shifted market sentiment, placing most ETH holders back in profit. The latest movement has been tied not only to retail activity but…