Backpack EU, Eigentümer der ehemaligen Börse FTX EU, lanciert nach einer Einigung mit der zyprischen Aufsichtsbehörde und dem Erhalt einer MiFID-II-Lizenz eine regulierte Plattform für unbefristete Futures in Europa.
PENGU price targets new all-time high amid 300% volume spike
- PENGU price surges to $0.033 amid 300% volume spike.
- The memecoin could rally to $0.036 and $0.043 before bulls target the all-time high of $0.057 reached in December 2024.
- Overall crypto market conditions and Pudgy Penguins-specific catalysts could aid this bullish quest.
Pudgy Penguins’ native token, PENGU, has experienced a notable uptick in the past 24 hours, rising double digits to $0.032.
The memecoin’s surge, driven by a staggering 300% increase in trading volume, puts buyers on the verge of a potential breakout to highs last seen in mid August.
PENGU price surges as volume jumps 300%
MYX Finance and Worldcoin are the top two gainers among the 100 largest coins by market cap in the past 24 hours.
But while MYX and WLD lead with 179% and 23% respectively, PENGU has seen a double-digit price increase of its own as it hovers 16% up.
The altcoin climbed to highs of $0.033 for the first time since August 25, with market data showing the gains tracked a 300% spike in daily trading volume.
As exchanges like Binance, OKX and Bybit reported huge trading activity for the coin, cumulative spot trading jumped to over $564 million.
Data from Coinglass showed open interest jumping from $270 million to over $310 million, while the double digit gain pushed more shorts into rekt positions.
As of writing, data showed over $1 million in bearish bets wiped out in 24 hours, compared to about $360k in long positions.
Pudgy Penguins price forecast
PENGU’s impressive performance aligns with a decent bounce for several altcoins.
Notably, factors such as the U.S. Securities and Exchange Commission (SEC) acknowledging proposed PENGU/NFT exchange-traded fund and overall resurgence in macro sentiment gives bulls a boost so needed heading into Q4.
Support for Pudgy Penguins as a collateral asset on Coinbase for perpetual futures trading and other integration news add to the bullish outlook.
Ecosystem growth is another factor and the project was recently noted amid a key partnership:
“Pudgy Party is a fast-paced mobile game featuring 6 game modes and 35 maps to enjoy solo or with friends. Collect resources and unlock rare costumes featuring collaborations with some of the world’s biggest brands and internet-native IPs.”
From a technical indicators point of view, the Relative Strength Index (RSI) stands at 53 and is upsloping. This suggests upward momentum is likely.
PENGU’s daily chart also shows the Moving Average Convergence Divergence (MACD) hinting at a bullish crossover.
Crypto analyst Ali Martinez has also pointed out that Pudgy Penguins is currently a buy given the TD Sequential indicator.
If the MACD line decisively rises above the signal line, it will affirm the upward momentum and combine with the breakout of a downtrend line to allow bulls to target $0.036 and $0.043.
PENGU price reached an all-time high of $0.057 in December 2024.
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How high can the Worldcoin (WLD) price go after today’s 22% jump?
- Whale wallets added 310,000 WLD, boosting bullish momentum.
- Worldcoin adoption surges with 456,000 new World App users in a week.
- Key resistance at $1.40 could open the path toward $1.50–$2.00.
Worldcoin (WLD) has leapt 22% in the past 24 hours, lifting the token above $1.20 and putting traders on alert for more upside.
The price surge marks one of its sharpest rallies since April and has sparked speculation over whether WLD could finally break through key resistance levels.
The trading volumes also surged past $1 billion, more than tripling from earlier in the week, a sign of renewed interest from both speculative traders and long-term holders.
Whales step back in
Big investors appear to be leading the charge.
Data from Santiment shows whale wallets added around 310,000 WLD in the past 24 hours, boosting large holder balances by 4.5%.
That kind of accumulation often fuels follow-up retail demand, creating momentum that can sustain rallies beyond the short term.
Notably, the renewed whale interest came just days after Worldcoin introduced its Anonymised Multi-Party Computation initiative, aimed at strengthening its biometric verification system with stronger privacy and quantum resistance.
The announcement has been welcomed as a step toward addressing the project’s biggest controversies and may be drawing big money back to the token.
Worldcoin adoption numbers are promising
Worldcoin’s rally is not just about whales. Adoption metrics show steady growth, reinforcing the bullish case.
More than 238,000 new people verified their identities on the network in the past week, while the World App added 456,000 users, bringing the total close to 34 million.
Activity on the chain is also holding up. The project processed 15.7 million transactions in just seven days, averaging around 2 million a day.
🚨Worldcoin $WLD Adoption Update
• +238K new verified humans in 7 days ✅ steady onboarding pace holding strong
• World App users +456K fastest compounding metric now closing in on 34M
• +15.7M total transactions added in just 1 week, network activity accelerating
• Daily… pic.twitter.com/jETVBNu5FX
— SamAlτcoin.eth 🇺🇸 (@SamAltcoin_eth) September 6, 2025
That kind of usage helps counter arguments that the token’s moves are purely speculative.
Recent partnerships with Razer and Match Group have also raised visibility, even as regulators continue to keep the project under scrutiny.
WLD price prediction
The WLD price recently broke out of a falling wedge on the daily chart, while a larger cup-and-handle pattern has been developing since May.
These patterns are typically seen as bullish continuation signals.
The token has already cleared the 38.2% Fibonacci retracement at $1.106, and if it closes above that level, the next target sits near $1.21.
That zone lines up with the 50% retracement and could act as a springboard toward the bigger test at $1.40 to $1.50.
Momentum indicators back the move. The MACD shows a fresh crossover to the upside, and the RSI has climbed to 57, showing strong buying without yet tipping into extreme overbought territory.
A decisive breakout above $1.40 could unlock room for a run toward $2.04 in the weeks ahead.
Risks haven’t gone away
While the technical analysis shows the altcoin is poised for more gains, there are some risks.
The circulating supply has grown by almost 20% since May, adding steady sell pressure that could cap gains.
Spot trading volumes have also been volatile, down sharply over the past month even as derivatives open interest increased, a combination that can fuel sudden reversals.
Regulation also looms large. Authorities in China issued warnings in August over biometric data concerns, while European regulators continue to investigate privacy risks.
Fresh pressure from watchdogs could dampen adoption and weigh on investor sentiment, even if the charts remain constructive.
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XVS price turns bullish as Venus Protocol recovers funds stolen from phishing scam
- The platform has recovered the assets and returned them to the victim.
- The attack happened on September 2, and the swift action has restored user confidence.
- XVS gained 2% amidst the community’s optimism.
A leading DeFi lending platform, Venus Protocol, has demonstrated its capability after the team recovered funds lost to a phishing scheme that shook its community in the past few days.
Notably, the lending network suffered a sophisticated phishing incident on September 2, which had Venus’ renowned user Kuan Sun incurring significant losses.
Venus Protocol’s team has worked with investigative platforms like PeckShield to pursue a retrieval, and they have succeeded. The X post read:
We are happy to share that… we have officially returned KuanSun’s position worth $11.4M at today’s token prices.
After conducting diligence checks, we are happy to share that as of Sep-06-2025 01:33:10 PM UTC, we have officially returned @KuanSun1990’s positions worth $11.4M at today’s token prices.
Transaction tx linked below.
— Venus Protocol (@VenusProtocol) September 8, 2025
Venus Protocol’s team acted swiftly to manage the situation and secure the ecosystem’s reputation.
After guaranteeing that the protocol was safe as the perpetrator targeted a specific user, Venus suspended its operations for 20 minutes after the attack to kick-start the investigation.
It detailed:
This was done to ensure that the protocol and all users were safe, and to secure the funds of the compromised user.
The post-incident analysis shows the Venus team completed security checks, verified the systems’ integrity, and recovered the stolen assets in less than 12 hours.
The transparency throughout the recovery process, and swift actions guaranteed the community the protocol’s safety and a reliable governance that can handle crises smoothly.
The network’s native token reflects prevailing optimism with a bullish performance.
XVS price outlook
Venus Protocol’s token has recovered from its post-hack slump.
XVS hovers at $6.31 after gaining more than 2% in the past 24 hours.
The 40% upsurge in 24-hour trading volume signals renewed confidence in the $100M DeFi lending network.
The altcoin might extend its upside in the near term as its recovery coincides with the broader market upswings.
The global cryptocurrency market cap has increased by 0.68% in the past day as Bitcoin reclaims $112,000.
Technical indicators back XVS’s bullish trajectory.
The Chaikin Money Flow climbed from the negative territory over the weekend to press time’s 0.36.
That signals funds entering the Venus Protocol ecosystem amid restored investor confidence.
The altcoin trades well above the 50- and 100-day Exponential Moving Averages on the 3H charts, signalling buyer dominance.
Moreover, the MACD’s crossover and green histogram confirm a bullish outlook.
Also, the daily Relative Strength Index at 51 suggests a potential trend shift to the upside.
Continued uptrends will clear the path to the psychological mark at $7 before targeting February highs near $9.
Nevertheless, markets remain choppy as attention remains on the Fed decision during the September 17 meeting.
Meanwhile, Venus Protocol’s recovery underscores increased security in the DeFi space, with experts now able to recover stolen assets.
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Somnia (SOMI) price soars post mainnet launch amid numerous partnerships
- Somnia is a SoftBank-backed Improbable’s Layer 1 blockchain network.
- Somnia’s token price is rallying after 10 billion testnet transactions and the mainnet launch.
- Somnia has partnered with ZNS Connect for .somnia domains and decentralised identity tools.
Somnia (SOMI) token has seen a dramatic upswing in value, climbing more than 40% in the past 24 hours and marking a significant step for one of the newest entrants in the blockchain space.
With strong trading volume and multiple partnerships fueling momentum, SoftBank-backed Improbable’s Layer 1 is emerging as a serious contender in the Web3 arena.
Why is the price of Somnia cryptocurrency rising?
Somnia (SOMI) is currently trading around $1.60, with a market cap of more than $260 million.
At its peak, Somnia touched an all-time high of $1.84, only days after hitting an all-time low of $0.38.
This sharp swing highlights the intense market activity surrounding the project, amplified by trading volumes that surpassed $898 million within 24 hours.
Somnia’s surge can be traced back to the successful launch of its mainnet six days ago.
The mainnet launch came after the network processed more than 10 billion testnet transactions, a figure that signalled both the robustness and scalability of its underlying technology.
The mainnet launch generated strong market confidence, which quickly translated into a rally in SOMI’s value as investors rushed to secure early positions.
Beyond the technical milestones, Somnia’s partnerships are also proving to be a strong catalyst for price growth.
The network recently announced its collaboration with ZNS Connect to create decentralised identity solutions.
Through this partnership, users can mint .somnia domains, deploy smart contracts, and interact directly on-chain.
Notably, the integration of identity with utility has added a layer of uniqueness that makes the ecosystem more attractive to both developers and users.
Another crucial boost came from Somnia’s partnership with TheResidncy, a platform that connects sports fans with their favourite athletes through interactive live events.
In just six sessions, the collaboration attracted over 121,000 unique fans, peaking at 22,000 concurrent participants and recording 245,000 messages and reactions — all processed fully on-chain via Somnia.
This not only demonstrated the network’s ability to scale under heavy demand but also introduced a compelling real-world use case that resonates with global audiences.
Somnia price outlook
With the token’s price climbing more than 300% from its lows and trading activity showing no signs of slowing, the short-term outlook appears bullish.
The project has successfully combined market excitement with clear utility, which is often a critical factor in sustaining long-term growth.
However, as with most emerging cryptocurrencies, volatility remains a key consideration.
The price is just under its record high, and profit-taking could cause sharp swings in the days ahead.
Nevertheless, the fundamentals — particularly the network’s capacity to handle large-scale activity and its focus on identity-driven Web3 experiences — provide a strong foundation for continued expansion.
The back-to-back partnerships are also setting it apart in a crowded market.
If the platform can maintain its momentum and deliver on its roadmap, the SOMI token may continue to attract investor interest well beyond its post-launch rally.
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