Arbitrum (ARB) just posted a stunning 33% weekly gain—turning heads across the crypto space and reigniting the conversation around Layer-2 scalability. With Ethereum gas fees back in focus and on-chain activity picking up, the question now is: is Arbitrum leading a Layer-2 revival, or is this just another hype cycle? This article explores ARB’s recent breakout and what it could signal for other Layer-2 contenders. Arbitrum's Dynamic Dance: ARB Eyes Breakthrough Amid Recovery Signs Source: tradingview Arbitrum (ARB) is bouncing between $0.29 and $0.42, showing a slight upward trend. Recent weeks saw ARB hop up by just over a third, hinting at a positive shift. Hovering around $0.36, close to its 10-day average, ARB is gaining strength. The challenge is to push past $0.47, the nearest hurdle. If ARB clears this, it could aim for $0.59, a significant hike from its current range. Enthusiasts hoping for a rally consider this a promising sign. Both the Relative Strength Index and the MACD suggest growing momentum, but the road ahead requires careful navigation to maintain this upward swing. Conclusion Arbitrum’s 33% surge is more than just a blip—it’s a signal that Layer-2 networks are back in the spotlight. As technical indicators flash bullish and key resistance levels approach, ARB’s path forward could influence similar plays like Optimism, Loopring, and StarkNet. Whether this rally cements a true Layer-2 comeback or fades into short-term hype remains to be seen—but for now, momentum is on Arbitrum’s side. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Bitzo 2025-06-30 20:41
Bitcoin drifted sideways during Monday’s Asian session, showing little ambition to break free from its narrow trading range as the market treaded cautiously with a hint of optimism. Across the broader crypto landscape, the total market capitalisation shed around 2.5%, with most of the pain felt in the altcoin space. Market sentiment, however, hadn’t turned sour just yet. The Crypto Fear & Greed Index remained in “Greed” territory, though it dipped two points to 66, hinting at a touch of hesitation creeping in. Why is Bitcoin price stuck? Bitcoin traded within a tight range between $106,951 and $108,771 throughout the day as long-term holders continued to exert selling pressure, effectively capping upward momentum despite a surge of institutional interest. Capriole Investments founder Charles Edwards attributed the recent slowdown to long-term holders, who have been offloading their positions since the launch of spot Bitcoin ETFs in January 2024. “People are wondering why Bitcoin has been stuck at $100K so long, despite the institutional FOMO,” he said in a Sunday X post, explaining that recent buyer inflows are being absorbed by these early holders exiting the market. According to Edwards, Bitcoin’s holder profile is shifting, as six-month holders, mainly new entrants like corporate treasuries, are gaining ground. In just two months, this group has reportedly absorbed almost all the BTC that long-term holders have been unloading for the past 18 months. Rental traders were also booking profits ahead of the July 9 tariff deadline, wary of unresolved trade issues between the US and key trading partners that could rattle global markets. The looming deadline marks the potential implementation of reciprocal tariffs, adding pressure to risk assets across equities and crypto. Further caution stemmed from the anticipation of key macroeconomic updates out of the US this week. Simultaneously, market participants are closely watching progress on developments surrounding President Trump’s proposed budget bill, which includes controversial spending cuts and tax reforms. Investors remain on edge, as any unexpected shifts in fiscal or trade policy could trigger a broader risk-off move, prompting capital to flow out of riskier assets like cryptocurrencies and into safer havens. What’s next for Bitcoin? Despite the broader dip in risk appetite, some traders remain convinced that a breakout to fresh all-time highs is only a matter of time. Bitcoin’s price has remained stuck below $108,000 since falling under that threshold on June 11, and market watchers say the key battleground lies just above. Price activity over the past 24 hours shows repeated attempts to build a base around $106,000–$107,000, with strong buy interest absorbing downside pressure. Meanwhile, significant ask-side interest continues to stack up around $109,000 and stretches as high as $113,000, suggesting a potential squeeze scenario if upward momentum returns. “Bitcoin is pushing into the $109,000 liquidity this morning as mentioned last night. The question is, will it have enough to push on through and hold?” crypto analyst AlphaBTC said in a Monday X post. As of press time, Coinglass data shows Bitcoin grinding through high-risk zones near $108,000. Clearing the $109,000–$113,000 band could trigger a sharp move higher as leveraged short positions get wiped out. Binance – BTC/USDT 24 hr liquidation heatmap. Source: Coinglass. MN Capital founder Michael van de Poppe flagged $109,000 as the next major resistance. He noted that BTC was hovering near $107,450 and might face a brief pullback after soaking up some overhead liquidity. Still, he maintained that the path to new highs remains intact. Michaël van de Poppe @CryptoMichNL · Follow The inevitable breakout to an ATH on #Bitcoin might even happen during the upcoming week. Such a bullish setup. 12:48 PM · Jun 28, 2025 614 Reply Copy link Read 183 replies Meanwhile, pseudonymous analyst Mags based their expectations on an inverted head-and-shoulders pattern forming on the higher timeframes. Mags @thescalpingpro · Follow #Bitcoin breakout incoming.. 1:00 PM · Jun 29, 2025 1.5K Reply Copy link Read 93 replies With the neckline sitting at $112,000, a confirmed breakout above that level could set the stage for a run toward uncharted territory. Some bullish momentum may also come from the monthly and quarterly candle closes, both of which are now drawing attention. Bitcoin looks set to close June in the green, despite headline-driven volatility that kept traders on edge throughout the month. According to data from CoinGlass, BTC is on track for a 30% gain for Q2 2025, an impressive quarterly performance that many traders believe could act as a launchpad for renewed upside. A green June close, paired with a strong quarterly candle, is fuelling confidence that Bitcoin’s current consolidation is a pause rather than a local top. When writing, Bitcoin was hovering around $107,517, down 0.2% in the past day. Top altcoin gainers The altcoin market in the past 24 hours rose 2.3% to an intraday high of $1.32 trillion before ending the day 1.3% lower at $1.28 trillion. This came as the Altcoin Season Index reading fell to 19. Ethereum, the largest altcoin by market cap, dipped slightly over the day, trading at a little above $2.400 as of press time. Other large-cap altcoins like Solana (SOL), Tron (TRX), Dogecoin (DOGE), and Cardano (ADA) also recorded slight gains while XRP (XRP) remained relatively flat for the day. Arbitrum (ARB) led daily gains among the top 99 altcoins with 14.5% gains, while Aerodrome Finance (AERO) and Pyth Network (PYTH) followed with gains of 6.1% and 5% respectively. Source: CoinMarketCap ARB’s price shot up today as rumors of a potential partnership with popular retail trading platform Robinhood saw renewed momentum on news that a key official from Offchain Labs, the team behind Arbitrum, would join Robinhood’s crypto GM at a panel during an event hosted by Robinhood Europe in Cannes. Traders are likely expecting the project to confirm the partnership. Meanwhile, AERO rallied after the Aerodome developers teased a major announcement set to be unveiled later this week. As for PYTH, today’s gains were triggered after Keyring Network, in collaboration with Euler Finance, Multipli, and Pyth Network, announced the launch of zkVerified markets on Avalanche. Traders responded positively to the development, viewing it as a major step toward bridging institutional capital with DeFi in a privacy-preserving way. With Pyth supplying real-time price feeds for the new markets, demand for its oracle services is expected to rise. The post Bitcoin stalls below $108K as long term holders sell, ARB, AERO, PYTH led altcoins appeared first on Invezz
Invezz 2025-06-30 20:36
With Q3 on the horizon, crypto analysts are quietly positioning themselves for what could be a breakout quarter. While Bitcoin and Ethereum dominate headlines, smart money is turning to a handful of altcoins with strong technical setups and favorable sentiment. In this report, we spotlight three promising altcoins—Sonic, Algorand, and Ethena—that analysts believe could deliver major upside in the coming months. Sonic (S) Shows Volatile Moves but Holds Growth Promise Source: tradingview Sonic is currently trading between $0.28 and $0.37. The coin has seen a jump of almost 20% in the past week, which shows a positive short-term trend. However, it has dropped about 19% over the last month. There's potential for growth if it can break the $0.41 resistance level. If it rises to the second resistance at $0.50, it could increase by over 35% from its current high. Support at $0.23 may cushion falls, suggesting stability. The current average prices suggest a steadier wind than past months, and the RSI signals more room for growth. Algorand's Price Hints at Possible Gains Source: tradingview Algorand is currently trading between 17 and 20 cents. The price has moved up over 12% in the past week, but it has also seen a drop of over 46% in the last six months. The coin is facing its nearest challenge at 21 cents, with stronger resistance at 24 cents. Algorand supporters could be bullish if the price rises past these levels, potentially gaining more than a quarter of its value. The coin's relative strength index is just shy of 45, suggesting it might be gaining energy for an upward movement. Despite recent drops, any push above current challenges could signal a new and positive trend. Ethena (ENA) Shows Steady Climb but Faces Key Hurdles Source: tradingview Ethena is showing some life, with its current price between twenty-four and thirty cents. In the past week, it climbed by about thirteen percent. Despite a tough month and half-year, there's potential for further growth. The current price is close to its ten-day average, suggesting some stability. If Ethena breaks the nearest resistance at thirty-two cents, it might aim for thirty-seven cents, marking a climb of over twenty-three percent from its lower range. Its relative strength index hints at a balanced market, while the Macd suggests slight bullish momentum. However, the journey upward will require overcoming a few key levels. Conclusion As market momentum builds ahead of Q3, these three altcoins are drawing serious attention from analysts looking for high-upside opportunities beyond the majors. Sonic’s price swings hint at a volatile but promising breakout, Algorand is regaining strength after months of consolidation, and Ethena is showing technical signs of a slow, steady climb. If broader market sentiment holds, these tokens could lead the next altcoin rally—making now a compelling moment to watch or accumulate. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Bitzo 2025-06-30 20:33
Aptos Labs CEO and co-founder Avery Ching has joined the U.S. Commodity Futures Trading Commission’s (CFTC) subcommittee focused on digital asset markets. In this role, Ching will serve on the Digital Asset Markets Subcommittee within the CFTC’s Global Markets Advisory Committee (GMAC). Ching will be on the committee alongside other well-known crypto industry figures, including Polygon Labs Head of Policy Rebecca Rettig, CoinFund President Christopher Perkins, Nasdaq Vice President Tony Sio, and Franklin Templeton Senior Vice President Sandy Kaul. Related News: BREAKING: Coinbase Just Announced It's Listing the Altcoin That's Been Trending Lately for Futures Trading The CFTC's recent increase in its supervision of digital assets and the institution's senior executives' resignation or plans to leave are interpreted as this change could pave the way for more cryptocurrency-friendly names to come into the sector. GMAC is an advisory body created to protect the global competitiveness of U.S. markets and consists of three subcommittees: global market structures, digital asset markets, and technical issues. According to the CFTC, the digital assets subcommittee aims to increase collaboration between the industry and regulators and improve digital asset regulation. Aptos Labs said in a statement on the X platform, “Avery will contribute to the shaping of digital asset regulations together with leaders from the web3 and finance worlds.” *This is not investment advice. Continue Reading: Co-founder and CEO of This Altcoin to Join US Government’s Crypto Committee
BitcoinSistemi 2025-06-30 20:26
The Pi Coin price has dropped by 4% in the past 24 hours, with its fall to $0.5104 coming as the crypto market as a whole declines by 1.5% today. PI is now flat in the past week but down by 15% in a fortnight and by 17% in the last 30 days, with the altcoin also suffering an 83% decline since peaking at $2.99 on February 26. Despite these losses, Pi Network has been steadily upgrading and improving itself over the past few months, with Pi2Day (June 28) seeing the platform roll out two interesting applications. Combined with other recent updates, these enhance Pi Network’s usability and fundamentals, and point towards a healthy long-term Pi price prediction . Pi Coin Price Prediction – Pi Network Quietly Just Got a Whole Lot More Powerful: Here’s Why It Matters Marking Pi2Day on X, Pi Network’s team announced that it’s adding “two exciting features to the ecosystem,” while also delivering several minor tech and product updates. Happy Pi2Day 2025! Today, Pi has introduced two exciting features to the ecosystem and provided various tech and product updates. First, Pi App Studio is an AI-powered platform that enables anyone to create Pi apps without coding—created to solve problems the world faces as AI… pic.twitter.com/6ZiVefdYsZ — Pi Network (@PiCoreTeam) June 28, 2025 The first, and arguably the most exciting, is an AI-powered app development studio that, according to Pi Network, enables “anyone to create Pi apps without coding.” The second is Ecosystem Directory Staking, a feature that allows users and developers to boost a given app’s ranking in Pi’s Ecosystem Interface by staking PI. However, the wider crypto ecosystem doesn’t seem too fussed about these upgrades, with PI having a disappointing day so far. If we look at its chart, we see that it continues to show quite acute weakness, having occupied a steadily descending band since a peak in the middle of May. Its RSI (purple) has gone from 70 a week ago to just under 40 today, and it looks as though it may continue descending for a few days yet. Source: TradingView Something similar is happening with its moving average convergence divergence (orange, blue), which has also recently begun declining. The technicals therefore don’t look great for the Pi Coin price, which could slip below $0.50 in the next week or so, and maybe even reach $0.45 or $0.40 before bottoming out. However, the aforementioned upgrades highlight how Pi Network is taking steps to improve its utility and attract developers, apps and users to its network, something which does have positive medium- and long-term implications. It could therefore begin recovering more steadily in concert with the wider market, which continues to react badly to tension in the Middle East and ongoing tariff issues . But if such issues continue to ease, the Pi Coin price could reach $1 again within a few weeks and even higher by the end of the year. Best Wallet Raises $13.6 Million in Native Token Presale: The Strongest New Coin of 2025? On the other hand, there’s always a chance that, without major exchange listings, Pi Network will continue to decline. If so, traders may prefer to turn to alternatives already, and fortunately there is a wide variety of new interesting tokens on the market. Some of these are presale coins, which can raise large sums of money and then go on to rally strongly after listing for the first time. One coin with a good chance of doing this is Best Wallet Token (BEST), an ERC-20 coin that has now raised $13.6 million in its sale. Over $13M Raised and Counting! Best Wallet is becoming the go-to for traders who want speed, simplicity, and early access to what matters: Buy new tokens early, directly in-app Buy and bridge across chains in one place Full portfolio control, no clutter Download… pic.twitter.com/0SDNVPov6v — Best Wallet (@BestWalletHQ) June 4, 2025 Best Wallet Token is arguably the best presale coin to invest in right now, given that it’s the native token for the pre-established and popular Best Wallet app. Since launching in 2023, Best Wallet has become one of the most widely used software wallets in crypto, with the app currently serving 250,000 monthly users. This gives BEST a large pool of potential users, with the coin providing its holders with a number of perks when they use the Best Wallet app. This includes reduced transaction fees, higher staking payouts, governance rights, and early access to new projects and tokens. Holders will also be able to stake the token for a passive income, making it potentially one of the most profitable coins to hold this years. What is a multi-chain wallet? In crypto, different tokens live on different blockchains. Bitcoin runs on its own chain. Ethereum, BNB Smart Chain, and Base each have their own networks, too. A multi-chain wallet lets you manage assets across multiple blockchains from a… pic.twitter.com/7gMmdNEaRp — Best Wallet (@BestWalletHQ) June 28, 2025 Investors can join its presale by going to the Best Wallet website , where BEST currently costs $0.025255. This price will rise again later today, so newcomers should act quickly. The post Pi Coin Price Prediction – Pi Network Quietly Just Got a Whole Lot More Powerful: Here’s Why It Matters appeared first on Cryptonews .
cryptonews 2025-06-30 19:33
AAVE rallies over 7%, fueled by strong buyer interest and bullish momentum toward the $300 milestone psychological level.
AMB Crypto 2025-06-30 19:00
LINK exchange outflows signal strong accumulation despite slight price retracement Derivatives market activity surges, but Open Interest hints at cautious positioning Technicals show neutral RSI and bearish MACD, suggesting a possible consolidation phase Chainlink (LINK) has recently demonstrated a notable trend, a consistent outflow from exchanges, paired with a rising price. According to Sentora (previously IntoTheBlock) data, since June 20, approximately 3.86 million LINK tokens, worth around $51.26 million, have left centralized exchanges. This pattern often indicates a shift in investor behavior from short-term trading to long-term holding. Typically, such withdrawals reduce sell pressure and hint at accumulating positions by retail and institutional holders alike. Interestingly, even with a small pullback in LINK’s price as of press time, dropping 1.72% to $13.22, the asset has shown resilience, rising 11.91% over the past week. Exchanges have seen uninterrupted net outflows of $LINK since 20 June, with about 3.86 million tokens ($51.26 million) leaving exchanges since then. pic.twitter.com/0n4EnIYZfC — Sentora (previously IntoTheBlock) (@SentoraH… The post Chainlink Investors Pull $51M from Exchanges as Sentiment Turns Bullish appeared first on Coin Edition .
Coin Edition 2025-06-30 19:00
The XRP Ledger has officially launched its new EVM-compatible sidechain on the mainnet The sidechain allows developers to build and deploy Ethereum-style smart contracts on XRPL It connects to the broader multichain ecosystem via the Axelar bridge, using XRP as gas The XRP Ledger (XRPL) has officially launched its highly anticipated EVM-compatible sidechain on the mainnet, a major development that brings Ethereum-style smart contracts to XRPL’s fast and scalable infrastructure. Thi.s move opens the door for XRP to become a serious new contender in the multichain world of decentralized finance. How Does the New EVM Sidechain Work? For years, the XRP Ledger has been known as a reliable platform for payments. The launch of the XRPL EVM Sidechain now expands its capabilities into the broader world of smart contracts. The sidechain is fully compatible with the Ethereum Virtual Machine, which means developers can now build new applications or bring existing ones from Ethereum directly into the XRP ecosystem using the popular Solidity programming language. The new sidechain connects to the main XRPL through the Axelar bridge, and it uses XRP as the native t… The post All Eyes on XRP Ledger as It Finally Gets Ethereum Compatibility appeared first on Coin Edition .
Coin Edition 2025-06-30 18:45
BNB Chain DEX volume reached $166.6 billion in June 2025, its highest monthly total ever. The Maxwell upgrade reduced block time to 0.75 seconds, improving speed and validator coordination. PancakeSwap alone contributed $139 billion to the BNB Chain DEX volume, outperforming other major exchanges. BNB Chain deployed the Maxwell upgrade on June 30, 2025, cutting block time from 1.5 seconds to 0.75 seconds, according to BscScan. The upgrade immediately delivered a massive boost to the network’s performance, which in turn helped fuel a record-breaking month for its decentralized exchange (DEX) ecosystem. The Maxwell upgrade followed a similar speed-boosting hardfork in April, which had reduced block time from 3 seconds to 1.5 seconds. It included three proposals: BEP-524, BEP-563, and BEP-564. These proposals addressed transaction speed, validator messaging, and node synchronization. BEP-524 and BEP-563 Improve Network Performance BEP-524 introduced a shorter block interval, enabling quicker transaction confirmation. This adjustment lowered the time needed for DeFi and GameFi transactions to be finalized. BEP-563 improved validator communication by upgr… The post BNB Chain DEX Volume Hits $166B After Maxwell Upgrade Cuts Block Time appeared first on Coin Edition .
Coin Edition 2025-06-30 18:30
Aptos (APT) led altcoin recoveries last week, fueled by an optimistic ecosystem upgrade. Meanwhile, today’s announcement underscores the blockchain’s rise as a key player in the crypto market’s technical and regulatory developments. Aptos Labs CEO and co-founder Avery Ching has joined the Commodity Futures Trading Commission’s Global Markets Advisory Committee to help American regulators explore
Invezz 2025-06-30 18:27
SUI enthusiasts are keen on the upcoming market movements as the third quarter unfolds. The pressing question is whether SUI will see a significant market cap surge, potentially outpacing Hyperliquid . This forecast holds the interest of many investors and traders eager to discover which coins might skyrocket in value in the coming month. Sui Market Snapshot: Past Volatility and Key Price Levels SUI experienced a notable weekly surge of 16.71%, contrasting with a monthly decline of 10.49% and a six-month drop of 30.58%. This price movement shows short-term optimism amid longer-term challenges, characterized by brief upward spikes in buyer activity. Recent performance has been volatile, indicating a mix of rapid gains and sustained declines. The coin's journey over these periods reveals active market participation, with intermittent bursts of buying interest met by underlying bearish pressure during extended sell-offs. Current trading sees SUI fluctuating between $2.77 and $4.01, bordered by support at $2.29 and resistance at $4.77. A deeper support tests near $1.05, while an additional resistance sits at $6.01. Bears appear to hold ground as moving averages lean slightly negative, despite oscillators hinting at minor bullish signals. The RSI at 46.82 reflects moderate conditions, while traders may look to confirm a breakout above $4.77 or consider entry near $2.29 if prices pull back. Caution in this range may be prudent until clearer trends emerge. Hyperliquid Market Movement: Price Trends and Critical Levels Hyperliquid experienced noticeable gains over the last month and six months. Price appreciation stood at 22.64% for one month and soared to 67.22% over a half-year period. Weekly price change reached 12.35%, indicating robust trader interest. The coin demonstrated a dynamic trading environment with clear upward movement in its value. Price fluctuations and growing momentum have attracted attention, reflecting a market that has rewarded active participation and strategic buying over sustained periods without falling into prolonged retracement phases. Growth metrics illustrate the coin’s potential in rallying against market pressures and volatility, as evidenced by consistent increases and active trading sessions. Currently, Hyperliquid trades between $21.20 and $42.08 with immediate resistance at $51.47 and strong support identified at $9.73. The technical setup shows noticeable bullish energy, supported by a moving average recommendation of 0.933. At the same time, the overall summary recommendation and oscillator readings suggest traders are assessing momentum carefully. A break above the $51.47 resistance might steer the coin toward the next target of $72.35, while a move toward support levels could present buying opportunities. RSI near 59 and momentum at 6.84 imply steady buying pressure, although caution remains as traders look for clear directional trends. Conclusion July could bring significant changes in market positions. SUI has the potential to outpace HYPE in market cap. Analysts will watch trading volumes and investor interest closely. SUI's performance in the coming weeks will be critical. HYPE’s stability will also influence its ranking. The next quarter may witness a shift in these rankings. Both coins show promise, but market trends will ultimately decide their fates. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Bitzo 2025-06-30 18:00
HYPE token is positioning for a potential $50 all-time high as Hyperliquid dominates the perpetual futures market with a massive $1.571 trillion in annual trading volume. The token has already established a new peak at $44.86, surpassing its previous December high of $35.51, while the platform generated $56 million in monthly revenue and $310 million in cumulative revenue. Source: CoinGecko Hyperliquid’s market dominance becomes clearer with its $214 billion June trading volume, which exceeds the combined $140 billion from all other on-chain perpetual platforms, according to data from Dune . Source: SeeLaunch on Dune The decentralized exchange now processes over 70% of DEX perpetual volume while capturing 10.54% of Binance’s market share, up from 9.76% in April. The platform’s impressive metrics include 97% of protocol fee revenue reinvested into HYPE buybacks, aligning token incentives with platform growth. With $3.5 billion in bridge TVL and 500,000 users, Hyperliquid ranks eighth among all blockchains by total value locked at $1.75 billion according to DefiLlama . Institutional adoption accelerates as Nasdaq-listed Lion Group announced plans to hold $600 million in reserves with HYPE as its primary treasury asset. Trading Volume Explosion Drives Platform Dominance Hyperliquid’s extraordinary growth trajectory stems from its unique positioning as the only platform delivering centralized exchange performance while maintaining full decentralization. The $1.571 trillion annual trading volume represents an 843% increase from $26.3 billion recorded just 12 months ago. The monthly performance further demonstrates consistent acceleration, with May recording $248 billion in trading volume, representing a 51.5% increase from April’s $187.5 billion. June’s $214 billion volume, based on partial month data, suggests continued momentum despite broader market volatility. The platform’s technical superiority becomes evident through sub-second finality capabilities and support for over 100,000 orders per second. This performance enables fully on-chain order book operations that match the speed of centralized exchanges while maintaining the benefits of transparency. Market share expansion against established competitors proves particularly impressive. Hyperliquid now owns 10.54% share of Binance’s perpetual volume. Revenue generation reached $56 million in the current month alone, bringing cumulative revenue to $310 million. The strategic decision to reinvest 97% of platform fees into HYPE buybacks through the Assistance Fund has resulted in $910 million in buybacks over the past six months. The decentralized exchange ranks sixth among all DEXs by daily volume at over $420 million, while capturing 6.84% of global perpetual flows in May. Technical Charts Signal Parabolic Breakout Continuation HYPE’s daily chart reveals an extraordinary bullish setup, with the token successfully establishing new all-time highs at $44.86 while trading in blue-sky territory . The Elliott Wave structure indicates the completion of waves A through D, with potential development of final wave E, suggesting continued upward momentum. The transformation of major resistance at $27.81 into robust support represents classic “resistance turned support” behavior characteristic of strong trending markets. Moreover, the RSI readings at 58.14 indicate healthy bullish territory without overbought extremes, which provides room for further appreciation. The volume analysis also shows sustained institutional interest with 123.15K volume supporting recent breakouts. The parabolic advance from the $10-12 accumulation zones to current levels has already proven the explosive momentum that could target the $60-80 zones if sustained. Similarly, doing a comparative valuation analysis positions HYPE below regression lines when plotting market capitalization versus open interest against peer protocols. Hyperliquid is still undervalued from a pure perp dex perspective and compared to all these other protocols below, it's the only one with a growing L1 ecosystem think $HYPE can re-rate much higher from here pic.twitter.com/3KArkAv5gs — Monet Capital (@CapitalMonet) June 30, 2025 The model suggests significant undervaluation relative to operational metrics, with an R-squared value of 0.867 indicating strong correlation credibility. In fact, BNB historical comparison charts show the potential for generational opportunities. BNB has already demonstrated how exchange tokens can appreciate from $30 – 35 levels to peaks above $700. As for HYPE, the current consolidation around $36.19 exhibits healthy pullback behavior, with successful support tests at the $32.08 levels. White arrow projections indicate significant upside potential, targeting levels well above recent highs of $42-45. Moving forward, with strong fundamentals, technical breakout confirmation, and comparative undervaluation, HYPE is well set to appreciate further. The token can initially target $50-55, with extension targets around $60-65 if the projected momentum can be sustained for an extended period. The post HYPE Token Eyes $50 New ATH as Perps Trading Hits $1.571 Trillion Volume – Is This the Breakout? appeared first on Cryptonews .
cryptonews 2025-06-30 17:58
Top 3 Altcoins Analysts Are Accumulating Before the Q3 Surge
