Tag: Token

Hyperliquid Token Soars to $59 ATH as DeFi Demand Explodes

Key Notes HYPE token surged to a new peak, recording a 50% surge in 24-hour trading volume. Technicals show strong bullish momentum with caution for short-term pullbacks. Analysts see potential for a 5x–10x surge, if momentum continues. Decentralized crypto derivatives exchange Hyperliquid’s native token, HYPE, surged to a fresh all-time high of $59.29 in early trading on Sept. 18. At the time of writing, the 11th largest cryptocurrency has settled around $58.68, gaining $1.25 billion in market cap in the past day. HYPE ranks among this week’s top crypto coins,…

NGP Token Crashes 88% After $2M Oracle Hack

Key Notes The attacker stole ~$2 million worth of ETH from the New Gold Protocol on Sept.18. The exploit involved a flash loan that successfully manipulated the price oracle enabling the attacker to bypass security checks in the smart contract. The NGP token is down 88% as the attacker obfuscates their funds through Tornado Cash. New Gold Protocol, a DeFi staking project, lost around 443.8 Ethereum ETH $4 597 24h volatility: 2.0% Market cap: $554.66 B Vol. 24h: $42.65 B , valued at $2 million, in an exploit on Sept…

Hyperliquid HYPE Hits ATH As Binance Backs Rival ASTER Token

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The native token for the decentralized crypto derivatives exchange Hyperliquid hit a new peak price level on Thursday as altcoins outperformed on Fed rate cuts. Hyperliquid (HYPE) hit an all-time high of $59.29 during early trading on Thursday following a daily gain of around 8%.  The asset, which has a market capitalization of just under $16 billion, has surged almost 40% over the past month, massively outperforming the top three cryptocurrencies by market capitalization: Bitcoin (BTC), Ether (ETH) and XRP (XRP).  Hyperliquid is a decentralized exchange for perpetual futures, derivative…

Tether Plans to Launch US Stablecoin, Market Rallies to Best Wallet Token

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Tether, the company behind the widely used stablecoin $USDT, is taking its next major step in the U.S. market. And despite its expansion plans, the company has made one thing clear: it will remain a private enterprise. Navigating New Regulations The GENIUS Act clarified the US stablecoin landscape, and Tether is wasting no time in taking advantage. The law requires stablecoins issued domestically to be: backed by high-quality, liquid, U.S. dollar-denominated assets to provide monthly transparency into reserve holdings to undergo regular audits $USAT is being structured precisely to meet…

Base explores native token, unveils Solana bridge at BaseCamp 2025

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Coinbase’s layer-2 network Base may soon launch a native token, creator Jesse Pollak said at the BaseCamp event. According to Base, the new token could support decentralization and expand opportunities for builders and creators. “We’re in the early phases of our exploration, and don’t have any specifics to share around timing, design, or governance,” the network said Monday. Base is a layer-2 blockchain built on Ethereum and incubated by Coinbase. It processes transactions offchain before settling them on Ethereum. Launched in 2023, the network has become the most widely used…

Joseph Lubin Hints at Linea Holder Rewards After Token Launch

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Joseph Lubin, the founder of Consensys and a key figure behind the Linea blockchain, teased potential future rewards for users who hold on to their tokens.  In an X post on Thursday, Lubin said long-term holders could become eligible for future distributions, including tokens from Consensys and other aligned ecosystem projects. He said that holding tokens signals that the user is a Linea community member and is likely engaged in productive Linea economy activities.  “If we notice, at some date in the future, that you’ve held n LINEA tokens for…

$SOL Begins Rally as Snorter Token Follows

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SOL Strategies, a leading Canadian firm with a Solana treasury and validator operations, has become the first Solana-centric enterprise to debut on the Nasdaq. The stock will be listed under the ticker ‘STKE’ as of September 9, 2025. Leah Wald and other crypto analysts posted sentiments on X, claiming that this move ‘validates the Solana ecosystem.’This is an exciting milestone for crypto investors, as it accomplishes two goals simultaneously. It not only bridges traditional finance with the decentralized Solana ecosystem but also offers institutional validation for Solana’s infrastructure. The Nasdaq…

Hyperliquid (HYPE) Hits New High As Nasdaq Firm Shifts Millions Into the Token

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Lion Group Holding Ltd. (NASDAQ: LGHL), a Singapore-based trading platform operator, has announced a bold shift in its crypto treasury strategy. The company is phasing out its holdings of 6,629 Solana (SOL) and roughly 1 million Sui (SUI) in favor of Hyperliquid (HYPE). Related Reading Rather than executing a single large trade, LGHL is adopting a phased accumulation plan designed to manage volatility and secure a better average entry price. The decision comes shortly after LGHL revealed plans to anchor its $600 million treasury in Hyperliquid, positioning HYPE as its…

Lion Group Shifts to HYPE as Token Hits New All-Time High

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Nasdaq-listed trading platform Lion Group Holding has announced plans to shift its entire stash of Sui and Solana into HYPE, the native token of the Hyperliquid blockchain. The Singapore-based trading platform said in a statement on Monday that it plans to exchange its Solana (SOL) and SUI (SUI) gradually over time to lower the average acquisition cost by “taking advantage of market volatility and accumulating HYPE at optimal prices.”  Lion Group CEO Wilson Wang said the company’s shift to hold all Hyperliquid (HYPE) “through a disciplined accumulation process,” would “enhance…

Retail Watches Best Wallet Token

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Fidelity introduced the Fidelity Digital Interest Token (FDIT), an Ethereum-based tokenized share of the U.S. Treasury securities and cash equivalents, on August 4, 2025. This marks Fidelity’s official entry into the landscape of tokenized real-world assets (RWAs). Earlier this month, the funds have spiraled to over $200M in assets. However, there has been minimal investor participation so far. Records show that only two holders have been identified so far — one holds almost $1M in tokens, and the other manages the rest. While Fidelity hasn’t made any official announcement yet,…