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Cardano

Jito hits $1.75B revenue milestone, but what does this mean for its price rally?

Market activity across the Jito network has accelerated significantly of late.  The protocol has generated $1.75 billion in gross revenue, making it one of the strongest-performing projects in the Solana ecosystem. Most of that…
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Examining if STABLE’s uptrend is sustainable after its latest 5% price hike

While the broader crypto market has shown significant weakness, STABLE has consistently held up. As the market crashed on 24th June, STABLE defended the $0.33-support and climbed to a local high of $0.365.  At the time of writing, STABLE…
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Sahara AI surges: Can its price recovery survive a 1.03B token unlock?

Sahara AI was up around 21% at press time, as the AI token attempted to recover following its early sharp price crash. The daily trading volume has increased by 342%, surpassing $124 million. Here’s what caused this price surge after…
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SecondFI’s $2M exploit: A wallet flaw leaves Cardano users exposed

SecondFi uncovered a major wallet generation vulnerability on the 23rd of June. Notably, a flaw in SecondFi’s wallet-generation process compromised the private keys used to create Cardano wallets, resulting in an entry point for the…
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Strategy now holds 847,363 BTC, but Bitcoin bulls still need proof!

Strategy is raising funds through equity sales and using that to add more Bitcoin to its arsenal! As it stands, sentiment is weak, so investors are not fully back in profit-taking mode. Hence, the timing here is very peculiar. Strategy…
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Why Polygon’s 7.95M transactions surge could fuel POL’s next rally

Polygon gained 5% in the past 24 hours before slightly retracing as of writing. The daily trading volume is around $50 million, with liquidity increasing from a volume-to-market-cap ratio of 5.44%. The main driver of this resurgence in…
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‘Cheapest Spot SOL ETF ever!’ – Will Morgan Stanley’s debut spur the altcoin?

Morgan Stanley’s Spot Solana could soon hit the market with the lowest fee globally. According to Bloomberg analyst James Seyffart, the wirehouse updated its U.S Spot SOL ETF filing on Thursday, including a 0.14% annual management fee.…
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QCP warns Strategy’s overhang could cap Bitcoin’s upside despite U.S-Iran deal

Singapore-based crypto trading desk QCP Capital has warned that Bitcoin may fail to benefit from the U.S-Iran deal. According to QCP’s analysts, Strategy had limited coverage for dividend payouts. As such, it could be forced to sell more…
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Can the 198% step up in ASTER buybacks, burns reverse its bearish fortunes?

Aster hiked by 1.34% in the last 24 hours, with the daily trading volume spiking by 366%. However, ASTER’s rally had pushed the crypto from $0.661 to $0.803 on Wednesday, 17 June. This 21% move came because of an official announcement…
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XRP’s price hits bullish target, but here’s why the next sell-off might not be far

XRP has had a relatively quiet 24 hours of trading. It was above the $1.18-local resistance level, but has only moved by 0.21% since. This, despite its daily trading volume shrinking by 44%. Spot XRP ETF flows have been positive for the…
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