Altcoins update: Polkadot launches institutional arm, Robinhood lists SUI

  • The Polkadot Capital Group aims to bridge Web3 and TradFi.
  • Robinhood has listed Sui, enriching its exposure to retailers.
  • On-chain activity supports LINK’s momentum.

Digital assets displayed stability on Tuesday as the crypto market cap soared 1% in the past day to $3.91 trillion.

With most tokens hovering at key price levels, let’s check altcoins dominating trends with optimistic developments.

Polkadot unveils institutional arm

Polkadot has taken another step toward institutional adoption, rolling out the Polkadot Capital Group.

According to today’s press release, the new initiative will bridge the gap between Web3 and traditional finance (TradFi).

The launch is part of an ongoing trend in the blockchain sector, where leading ecosystems pursue institutional capital.

The Polkadot Capital Group introduces a platform that enables institutions to participate in blockchain advancements, ranging from infrastructure development to staking.

The group will offer comprehensive educational resources and support engagements with crucial initiatives and participants in the Polkadot ecosystem.

The initiative will back asset management, OTC trading, VC communities, exchange, banking, and allocators.

Commenting on the latest initiative, Polkadot Capital Group Lead David Sedecca said:

Our goal is to lead through data-driven education, driving adoption through knowledge transfer, and adapting in real-time to the dynamic priorities of institutional market participants. We envision a future where institutions clearly understand the unique value of our network and can engage confidently.

The move will likely bolster Polkadot’s appeal, especially if the group succeeds in inking strategic partnerships with leading fintech companies.

DOT trades at $3.86 after losing 2% in the past 24 hours, mirroring prevailing broad market weakness.

Robinhood adds SUI

The trading platform has added Sui to its product suite.

The addition opens SUI to millions of Robinhood users, bolstering its visibility and driving liquidity into the SUI ecosystem.

Sui is an L1 designed to support blockchain adoption through a powerful, scalable, and secure development platform.

It boasts over $12.5 billion in market capitalisation.

Now, Robinhood’s listing increases SUI’s visibility.

That’s crucial for adoption and blockchain’s long-term stability.

Moreover, the listing reflects Robinhood’s dedication to enriching its digital asset offerings.

The commission-free exchange houses multiple cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin.

SUI displays stability amidst the listing news. It dropped 0.30% over the past 24 hours to $3.57.

Chainlink’s bullish momentum

LINK has defied broader trends today.

It rallied to multi-month highs above $26, fueled by elevated on-chain activity.

The Chainlink Reserve, which launched early this month, has contributed to LINK’s stability in the past few sessions.

Also, the steady demand for decentralised oracle services has kept the altcoin afloat.

Chainlink positions itself as the backbone of DeFi, offering off-chain data to smart contracts.

LINK has retraced from its 24-hour peak to $24, with a 20% decline in trading volume threatening today’s gains.

However, analysts believe it’s among the top cryptocurrencies to watch this cycle.

Michael van de Poppe expects massive rallies from LINK after overcoming its prolonged downward trend, citing the Chainlink Treasury.

Meanwhile, the cryptocurrencies exhibit significant volatility as markets brace for tomorrow’s FOMC minutes and Powell’s Jackson Hole commentary on Friday.

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Polygon price forecast: POL surges 6% as TVL reaches 2025 high

  • Polygon token (POL) soared as most altcoins dipped on Monday and early Tuesday.
  • While POL has given up some of the gains to $0.26, bulls appear to be in control.
  • Gains for the altcoin come as its network’s total value locked (TVL) jumped to a year-to-date high.

Polygon’s native token, POL (ex- MATIC) (POL), is one of the gainers in the past 24 hours as cryptocurrencies look to bounce off the latest dump.

Altcoins such as Chainlink and XRP are eyeing fresh gains.

While POL price has slipped from highs of $0.27, it’s currently holding above $0.25 as a potential rebound coincides with a spike in the network’s total value locked (TVL).

Polygon price today

The POL token’s price is up 3% in the past 24 hours at the time of writing, and nearly 12% in the past week.

However, intraday gains reached 6% as POL rose to $0.27, with this coming amid growth in Polygon’s ecosystem, fueled by decentralised finance activity and strategic integrations.

As the price of POL rose, Polygon’s TVL, which has jumped amid bullish momentum, topped a 43% increase year-to-date.

The TVL spiking not only reflects the price gain, but the growing adoption, user trust and capital flows.

Per Token Relations, Polygon saw its total value locked metric fall to $788 million in April.

However, the metric has since witnessed a steady climb to break above $1.23 billion as of August, highlighting the blockchain network’s appeal and attraction as a DeFi player.

Stablecoin growth

Additionally, Polygon has seen a notable spike in stablecoin use.

The recent integration of Agora’s stablecoin, AUSD, on Polygon by Miomi Game is a key development.

Miomi is a web3 esports platform that boasts over 950,000 users.

Polygon also surged to a record $2.56 billion in stablecoin payments in July, with peer-to-peer transfers rising as USDC active addresses jumped to 3.16 million.

Meanwhile, USDT supply on Polygon rose to a new high of $1.29 billion during the month.

Polygon’s surge in dApps, combined with stablecoin adoption and regulatory moves, spotlights the network’s utility.

“Why are institutions building on Polygon? Trusted infrastructure, designed for greater efficiency and ready to scale for institutional demand,” Polygon Labs recently posted on X.

Polygon price prediction

Looking at Polygon’s price charts, the overall outlook is bullish.

The network’s strategic initiatives and cross-chain interactions, which are contributing to organic growth, are evidence that bulls can establish the upper hand.

Polygon’s price surge and TVL spike allude to this. Metrics such as active addresses and transactions are key to buyers breaching the supply wall around $26 and $30.

On the flip side, bears can target the psychological support level at $20.

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Why is the price of WAVES token rising?

  • Waves launches AI tools and secures $10M funding for Units Network.
  • Price breaks $1.30 resistance with bullish RSI and MACD signals.
  • Community campaign boosts visibility as altcoin flows support gains.

WAVES is climbing again, and traders are asking why.

Over the past 24 hours, the token has risen by 4.86%, extending its 25% weekly rally.

At press time, WAVES traded near $1.40 after moving between $1.32 and $1.54 in the last day.

This surge reflects a mix of new product launches, technical breakouts, changing market conditions, and stronger community engagement.

New AI tools by Waves lit a spark

WAVES gained traction after the introduction of new artificial intelligence (AI) products designed to support decentralised finance.

In July 2025, the Waves team launched an AI Launchpad and a Liquidity Manager aimed at automating DeFi strategies and improving liquidity efficiency.

These additions gave developers easier access to infrastructure for building and optimising protocols on Waves.

Investor sentiment strengthened further when Units Network, Waves’ EVM-compatible layer-2, secured $10 million in funding from Nimbus Capital.

This institutional backing added credibility to the roadmap and attracted speculative capital.

Traders viewed AI-driven upgrades as solutions to real challenges in DeFi, especially in liquidity optimisation, and positioned accordingly.

The market now awaits adoption figures. Metrics from Q3 2025 on Units Network and AI tool usage will determine whether the bullish momentum can convert into lasting demand for the WAVES token.

WAVES price breakout clears a key barrier

On August 18, WAVES broke through $1.30, a zone that aligned with both the 200-day moving average and a major Fibonacci resistance.

That level now acts as psychological support.

Momentum indicators have confirmed the breakout.

The 14-day RSI printed 68.95, showing strong trend conditions though edging toward overbought territory.

At the same time, MACD recorded a bullish crossover with a rising histogram, confirming that upward momentum had accelerated.

$1.56, the 127.2% Fibonacci extension, is now viewed as the next upside target if price holds above $1.30.

The altcoin shift and community push

Broader market flows also work in Waves’ favour.

Although Bitcoin dominance remains elevated at 58.92%, the Altcoin Season Index has risen 26.47% in one week, signalling capital rotation into smaller-cap projects.

That rotation has given altcoins, like WAVES, a performance boost.

Still, derivatives suggested caution. WAVES Open interest has dropped 4.12% over 24 hours, showing that traders have reduced leverage exposure.

This decline indicates that the rally is being led by spot demand rather than aggressive futures positions.

For a token with a $139 million market cap and an uncapped supply model, shifts in demand can move the price sharply.

Long-term sustainability will depend on whether new tools drive real utility to offset the inflationary design.

At the same time, Waves is currently engaged in an active community campaign.

The project has announced the next “Waves Up in Space” mission, running from August 19 to September 5.

Participants of the “Waves Up in Space” mission are invited to post Waves-related content on Twitter and submit entries through Zealy for rewards.

Community challenges like this often amplify visibility, energise the base, and bring new traders into the ecosystem.

WAVES price outlook

The immediate focus is whether WAVES can hold above the $1.30 support zone with rising volume.

A strong defence of this level could open the way toward $1.56, while a breakdown risks stalling momentum and sending the token back into consolidation.

Beyond technical levels, traders should closely track adoption figures from Units Network, activity on the AI Launchpad, and usage of the Liquidity Manager.

Broader sentiment tied to Bitcoin dominance and altcoin flows will also play a decisive role.

For now, WAVES is rising because product upgrades, strong technical signals, market rotation, and a fresh marketing push all converged at once.

If adoption and demand follow through, this rally could mark more than just a short-lived bounce.

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