Plume price forecast: SEC transfer agent nod boosts bulls

  • Plume price gained by 15% as bulls reemerged amid overall market bounce.
  • The news that Plume has registered a transfer agent adds to bulls’ positivity.
  • Bulls could target its all-time high of $0.24.

Plume Network’s native token, PLUME, has surged double digits to hit highs of $0.13 amid regulatory tailwinds related to the US Securities and Exchange Commission (SEC).

The platform’s registration as a transfer agent with the SEC puts Plume in position as a compliant gateway for tokenized real-world assets, a move that could trigger fresh interest in its token.

Plume secures SEC nod as transfer agent

At the heart of PLUME’s ascent is Plume Network’s recent registration with the SEC as a qualified transfer agent for tokenized securities, announced on October 6.

This designation marks a critical evolution for the modular Layer-2 blockchain, which specializes in real-world asset finance (RWAfi).

As a registered entity, Plume can now legally oversee the issuance, transfer, and record-keeping of digital securities directly on-chain. It opens the door to seamless integration with established U.S. financial infrastructure.

Traditionally, transfer agents serve as custodians for shareholder registries. Key features include handling ownership transfers, dividend distributions, and corporate actions in off-chain environments.

However, legacy institutions dominate this space.

Plume’s innovation lies in automating these processes via distributed ledger technology, ensuring immutable transparency while linking capitalization tables to SEC reporting systems and the Depository Trust & Clearing Corporation (DTCC).

As adoption grows, Plume’s status could catalyze trillions in on-chain migration. It’s role in fostering interoperability between TradFi and blockchain ecosystems has the potential to drive gains.

Plume Network price gains 15% to signal potential rebound

As the cryptocurrency markets show renewed bullish sentiment, PLUME has surged to multi-week highs with 15% gains putting it among the top performers in the market.

Trading data indicates the push to intraday highs of $0.13 followed a bounce from lows of $0.10.

Notably, PLUME went vertical on Monday as news of its SEC milestone hit the market, helping bulls navigate a key resistance level that has marked a prolonged period of consolidation.

That supply zone between $0.09 and $0.105, for much of the prior week, constrained bulls.

Broader market uncertainty amid macroeconomic pressures are two crucial factors.

However, as Bitcoin bounced to highs of $126,198 and a new peak, investor confidence in Plume’s ecosystem helped the altcoin higher.

Overall upward momentum for tokenized real-world assets (RWAs) added to the optimism.

What next for PLUME price?

While price has retreated to lows of $0.11, a retest of the $0.10 area and potentially $0.09 may offer a new opportunity for bulls to decisively bounce.

The surge in daily trading volume, which is up 786% to more than $235 million, signals to the robust liquidity and market activity.

PLUME chart by TradingView

Bulls could eye $0.24, the Plume token’s all-time high reached in March 2025.

The price action has also rippled through correlated assets, with other RWA-focused tokens like Ondo Finance.

As Plume revealed its SEC nod, Ondo Finance also benefitted from upside momentum. For this token, gains came amid news that the platform had officially finalized its acquisition of Oasis Pro.

The milestone sees Ondo secure its approval for SEC-registered broker-dealer, ATS, and transfer agent.

 

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The Paraguayan power play: How a shocking production boost sent HIVE’s stock soaring 25%

  • HIVE Digital stock surged over 25% after a strong September production report.
  • The company mined 267 BTC, an 8% increase from the previous month.
  • Year-over-year production has grown a massive 138 percent.

In a stunning display of operational excellence and rapid expansion, the Canadian Bitcoin miner HIVE Digital Technologies has delivered a jolt of power to the market, announcing a substantial and surprising increase in its Bitcoin production that sent its stock soaring over 25 percent.

The news is a powerful testament to the success of the company’s aggressive growth strategy, particularly its massive new facility in the heart of South America.

The market reaction was swift and decisive. Following the announcement, HIVE’s stock jumped more than 25 percent, closing at $5.57 on October 6.

This surge was a direct response to a stellar September production report, in which the company mined 267 BTC—an 8 percent increase from August and a staggering 138 percent jump in year-over-year growth.

The Paraguayan power play

The engine behind this explosive growth is the company’s new 100 MW Phase 3 Valenzuela plant in Paraguay.

HIVE confirmed that the facility, which is powered exclusively by renewable hydroelectric energy, is coming online “ahead of schedule.”

Almost half of the facility’s total hashrate capacity is now operational, a major milestone that has immediately translated into a surge in daily production, which now averages over 9 BTC per day.

This rapid deployment has had a dramatic effect on the company’s overall operational power.

HIVE’s average hashrate—the computational power it uses to mine Bitcoin—surged by 19 percent from August to September alone, a clear sign of the new facility’s immediate impact.

Beating the network: a story of surging efficiency

But this is not just a story of brute force; it is a story of remarkable efficiency.

During the same period that HIVE’s own hashrate grew by 19 percent, the entire Bitcoin network’s mining difficulty—a measure of how hard it is to mine a new block—rose by 16 percent.

HIVE’s ability to outpace the network’s own growth is a critical signal that it is operating with increasing efficiency, a key factor in a miner’s long-term profitability.

A glimpse into a high-powered future

The company’s leadership has made it clear that this is just the beginning.

Executive Chairman Frank Holmes praised the Paraguay team for advancing Phase 3 “ahead of schedule,” a sentiment echoed by the company’s ambitious forward guidance.

President and CEO Aydin Kilic has confirmed HIVE’s expectation of reaching a total hashrate of 25 EH/s by US Thanksgiving, a significant jump from its current peak of 21.7 EH/s.

He also noted a projected fleet efficiency of 17.5 joules/terahash, a key metric in a competitive market.

With all of the necessary ASIC mining machines for the Paraguay expansion already shipped, the path to this next phase of growth appears clear.

For HIVE, the Paraguayan gambit is paying off, and the market has taken notice.

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PancakeSwap price jumps 14% as DEX platform launches CAKEPAD

  • PancakeSwap (CAKE) price jumped 14% to highs of $3.90.
  • CAKEPAD replaces IFOs with direct wallet commitments and full fee burns for deflation.
  • PancakeSwap’s price could eye $10 amid overall market bounce.

PancakeSwap’s native token, CAKE, has seen a 14% price increase over the past 24 hours.

The gains come after the decentralized exchange platform introduced CAKEPAD, an innovative token launch mechanism poised to enhance user engagement and token utility.

PancakeSwap price jumps 14%

CAKE extended its rally on Monday, climbing 14% in the past 24 hours to reach $3.90 — its highest level since December 2024.

The latest move pushed the token’s monthly gains to more than 55%.

The price breakout follows a prolonged consolidation phase during which CAKE traded below $3.00, forming an ascending triangle pattern that set the stage for bullish momentum.

Renewed buying interest and improving fundamentals have since driven the altcoin to multi-month highs.

Trading activity on PancakeSwap surged sharply, with daily volumes jumping 169% to over $663 million — a milestone that helped fuel the rally.

The platform has also been outperforming peers such as Uniswap in spot decentralized exchange activity, reinforcing its dominance among retail traders.

PancakeSwap’s ongoing token burn program has further supported prices by reducing supply.

With an increasing number of CAKE tokens permanently removed from circulation, bullish sentiment around the asset has strengthened.

PancakeSwap price chart by CoinMarketCap

PancakeSwap launches CAKEPAD

PancakeSwap’s price gains come amid the platform’s launch of CAKEPAD.

The DEX protocol announced the unveiling of the new platform on Monday, October 6, 2025.

CAKEPAD is a multi-chain platform that grants users exclusive early access to vetted tokens prior to their exchange listings.

The launch, which sees CAKEPAD replace the previous IFO platform, eliminates traditional barriers like staking requirements and lock-up periods, democratizing participation for retail and institutional users alike.

“We’re excited to introduce CAKE.PAD, the new and improved early token access experience on PancakeSwap, giving you exclusive early access to new tokens before they hit exchanges,” the platform wrote in a blog post.

A key feature of the platform is the permanent burning of CAKE fees generated from related events.

Like other initiatives, this has the potential to further reinforce the token’s deflationary economics and utility.

CAKE price outlook

From a technical point of view, PancakeSwap’s price is largely bullish.

The Relative Strength Index for CAKE stands at 69 amid sustained buying pressure.

However, since it’s not overextended into the overbought territory, bulls could yet see another leg up.

CAKE price chart by TradingView

Combining this outlook and overall market optimism, including BNB’s rise to all-time highs above $1,200, suggests the DEX token is trending into bullish territory.

But while bulls could target $5 and even the $10 mark, a drop below $3.50 could trigger a short-term correction.

In this case, the $3.00 area is a major support level.

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