Tag: Price

Cardano Founder Says Chainlink Quoted Them An ‘Absurd Price’, Here’s Why

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Cardano’s founder, Charles Hoskinson, has clarified why the blockchain platform was excluded from a prominent US government initiative meant to publish official economic data on public blockchains. Blockchain networks like Ethereum, Solana, Avalanche, and Optimism made the cut; Cardano didn’t. Hoskinson revealed during a YouTube AMA that the reason wasn’t technical or regulatory, but it was grounded in economics. Specifically, he said the integration fee quoted by Oracle specialist Chainlink was absurd, which made Cardano’s participation really unfeasible. Chainlink’s Absurd Fee As one of the biggest blockchain ecosystems, Cardano’s inability…

Hyperliquid Hits $400B Trading Volume and $100M Revenue as HYPE Price Eyes $55 Breakout

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Hyperliquid is slowly building a name within the decentralized finance (DeFi) sector. In August, the platform recorded nearly $400 billion in perpetual trading volume and more than $106 million in revenue, according to DefiLlama. Related Reading This milestone not only cements Hyperliquid’s dominance in the decentralized perpetuals market, where it now controls around 70% of market share, but also signals growing adoption by both retail and institutional investors. A key driver of this success is its proprietary HyperEVM blockchain, designed for speed, scalability, and zero gas fees. These features replicate…

Crypto Exchange Reveals When XRP Price Will Cross $2,000

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The XRP price remains a major focus in the crypto market, with analysts and traders often debating its long-term trajectory. A fresh report from crypto exchange Changelly has provided a new perspective, offering detailed projections for XRP’s future performance. The report reveals when the cryptocurrency could finally surpass the $2,000 milestone, alongside expectations for short- and long-term price action.  XRP Price Forecasted To Surpass $2,200 By 2040 According to Changelly’s latest price analysis released on September 2, XRP is projected to surpass $2,000 in November 2040. Analysts at the exchange…

Solana Open Interest Hits $13B All-time High: Will SOL Price Follow?

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Key takeaways: Bullish technicals suggest that SOL price can reach $1,000 if the resistance between $210-$250 is broken. Solana’s open interest has rallied to a record high of $13 billion, signaling high speculative interest.  After dropping to $155 on Aug. 3, Solana’s (SOL) price has recovered over 36% to an intraday high of $210 on Wednesday. Aligning with this rebound, Solana’s technicals now suggest that $1,000 SOL price is still in the cards.  SOL price technicals target $1,000 Solana’s price action has painted a bullish megaphone pattern on the weekly…

XRP Price Eyes 77% Rise to $5 Next: Here’s Why

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Key takeaways: XRP (XRP) price printed a bull flag pattern on the daily chart, a technical pattern associated with strong bullish momentum following an upward breakout. Is this the start of XRP’s rally to $5? XRP price bull flag targets $5 The daily chart shows XRP trading within a bull flag, with the price facing resistance from the pattern’s upper trendline at $3. A bull flag is a bullish continuation pattern in technical analysis, forming a small falling rectangle after a sharp price rise, signaling consolidation. It typically resolves with…

World Liberty Financial Burns 47M WLFI Tokens to Boost Price

Key Notes World Liberty Financial has burned 47 million WLFI tokens. Burn represents 0.19% of circulating tokens, cutting supply to 99.95 billion. WLFI still slipped 9% despite the move. The Trump family-backed World Liberty Financial has begun burning its native token WLFI to stabilize its price after a rocky launch. The platform burned 47 million WLFI tokens in the late hours of Tuesday, permanently removing them from circulation. According to CoinMarketCap, around 24.66 billion WLFI, just over a quarter of its 100 billion total supply, has been unlocked. The recent…

DOGE Price Eyes $1 Rally After $175 Million Dogecoin Treasury Announcement

Key Notes Expectations of the Fed rate Cuts in September could drive the DOGE price higher, with analysts predicting a rally to $1. Dogecoin whales controlling roughly 24.19 billion tokens have shown minimal trading activity, waiting for clearer market signals. CleanCore Solutions stock price has tanked more than 50%, despite $175 million Dogecoin treasury plan. Despite the current selling pressure, DOGE DOGE $0.22 24h volatility: 0.9% Market cap: $32.51 B Vol. 24h: $1.98 B price has bounced back from the support at $0.205 earlier today. This comes as CleanCore Solutions…

World Liberty Burns 47M Tokens as WLFI Price Slides

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The Trump family’s crypto project, World Liberty Financial, has begun burning its namesake token in a bid to boost its price, which has been in decline since launching to the public on Monday. Onchain data first reported by Lookonchain showed the platform burned 47 million World Liberty Financial (WLFI) tokens on Wednesday, permanently removing them from the supply. The token began trading on secondary markets for the first time on Monday, with its early investors allowed to sell their holdings to the public. The token briefly hit a peak of…

XRP Price at Tipping Point – Will It Explode or Collapse?

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…