Kategorie: Altcoin News

Altcoin news about alternative blockchains and its crypto ecosystems.

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LINEA price spikes 14% as SWIFT picks Linea for pilot

  • Linea token LINEA has jumped by over 14% to reach highs of $0.029 amid major SWIFT news.
  • Reports say SWIFT and bank partners including PNB Paribas and BNY are set to test blockchain messaging system.
  • SWIFT has selected Linea for the pilot.

LINEA, the native token of the Ethereum Layer 2 network Linea, has surged by 14% in the past 24 hours, with a sharp spike coming on the back of a major SWIFT announcement.

The token reached intraday highs of $0.029 as news emerged that the interbank messaging platform has selected Linea for testing its system on the blockchain. Gains saw LINEA outpace many altcoins that struggled amid broader crypto price turmoil.

SWIFT to test messaging system on Linea blockchain

SWIFT, the Society for Worldwide Interbank Financial Telecommunication, which facilitates secure messaging for over 11,000 financial institutions across more than 200 countries, is embarking on a transformative experiment.

According to exclusive insights from The Big Whale, SWIFT has partnered with Consensys-developed Linea, an Ethereum Layer 2 solution, to explore migrating its core messaging system onto the blockchain.

Gregory Raymond, co-founder of The Big Whale, shared the news on X.

The collaboration will also involve global banking giants, with over 10 banks including BNP Paribas and BNY.

SWIFT is also set to team up with over a dozen institutions on the project, said The Big Whale, with many of these already engaged in the initiative’s proof-of-concept phase.

According to a well-placed source, the project, though still in development, could herald a significant technological overhaul of the international interbank payments industry.

Why the layer 2 blockchain Linea?

Linea’s appeal lies in its emphasis on privacy, enabled by advanced cryptographic proofs.

The banks see this as aligning with the regulatory and security demands of the banking sector.

Linea offers an enterprise-grade infrastructure platform for global finance.

Per details on its website, the network already supports financial institutions like Mastercard, Visa and JP Morgan.

The Consensys-backed platform is designed for blockchain solutions, including tokenization, trading, payments, and onchain settlement.

It allows for integration with decentralized finance protocols, custodians, and real-world asset tokenization platforms.

LINEA price spikes amid news

SWIFT’s plans and The Big Whale’s report on the development triggered a notable market reaction from the LINEA community.

LINEA price chart on CoinMarketCap

As the token soared over 14%, the price increase was accompanied with a 6% increase in daily trading volume to $353 million.

The gains saw Linea join the likes of Subsquid, Solv Protocol and Lombard in outpacing the top coins.

Linea price reached its all-time high of $0.04657 on September 10, 2025.

The uptick could, therefore, see bulls attempt to retest this level.

Holders and stakeholders will closely monitor the progress of SWIFT’s pilot as it unfolds.

The post LINEA price spikes 14% as SWIFT picks Linea for pilot appeared first on CoinJournal.

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MIRA price explodes as Binance offers 6M trading campaign

  • MIRA price surged more than 18% as the Mira Network mainnet launched.
  • An airdrop registration is live for early network participants.
  • The Mira token’s price jumped after Binance listed the project with a 6 million MIRA trading campaign.

Mira Network (MIRA) launched its mainnet this week, positioning itself as a “trust layer” for the artificial intelligence ecosystem.

The move drew investor attention, with the token surging more than 18% within hours after Binance announced spot trading support.

Mira Network mainnet goes live

The Mira Network Foundation has marked a pivotal milestone for the project after unveiling its mainnet.

Mira announced the launch on X:

“Mira’s Mainnet launch marks the beginning of the age of verified intelligence. With claims now open, eligible community members must register and complete verification before claiming their tokens,” the foundation wrote.

As it embarks on the “age of verified intelligence,” Mira has outlined an airdrop claim for early backers and users, including Node Delegators, Kaito Yappers, and other contributors.

Users will be rewarded based on their engagement, with allocations ranging from 0.5 to 552 $MIRA tokens, depending on activity quality and tier.

The process emphasizes fairness, incorporating anti-sybil measures and requiring registration by October 2, 2025, and claims by November 24, 2025.

Mira based the airdrop on a network snapshot taken on September 22, 2025 at 00:00 UTC.

The deadline to register for claims is October 2, 2025, while eligible claimants will have up to October 26, 2025 to get their MIRA.

If not, these assets will go into a pool aimed at accelerating Mira Network growth.

“Unclaimed allocations will be reallocated toward future network growth, ecosystem incentives, and long-term sustainability,” the team noted.

Binance lists token with 6 million MIRA prize pool

As Mira Network announced its mainnet launch, crypto exchange Binance revealed it had added spot trading support for the token.

Binance provided further details about the listing on their trading competition page, outlining a 6 million MIRA trading campaign.

New users who deposit at least $100 into their accounts will have the opportunity to earn random rewards of between 12 and 50 MIRA.

Binance plans to reward up to 12,000 users with 300,000 MIRA up for grabs.

The rest of the prize pool will be open to participants who trade upwards of $500, with the 4,700,000 MIRA up for grabs to random traders.

MIRA’s price rose from lows of $1.20 to highs of $1.77 at the time of writing, with bulls seeing up to 18% in intraday gains.

The post MIRA price explodes as Binance offers 6M trading campaign appeared first on CoinJournal.

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Story (IP) price dumps 25% as profit taking intensifies

  • Story (IP) price fell sharply to hit lows of $7.13 on Friday, extending losses amid profit taking.
  • IP drops as selling pressure wipes out millions in positions across the market.
  • Analysts say Story’s strong traction as a real-world assets platform could help IP price bounce.

Story (IP), the token of the Story Protocol, has experienced a sharp correction in the past 24 hours.

Amid a more than 25% dip, the IP token has erased most of the gains seen as bulls pushed to a new all-time high early this week.

The losses have come amid heightened selling pressure as profit taking across the market hits major coins.

IP price nosedives amid profit taking

Story is the intellectual property blockchain targeted for a AI-native infrastructure for the $80 trillion IP asset class.

The protocol’s IP token, which powers the blockchain designed to tokenize and manage intellectual property assets ranging from AI models to creative works, plummeted 25% in the last 24 hours.

Losses saw price plummet to lows of $7.13, extending the dramatic drop that has followed IP’s surge to the all-time high of $14.89.

This means Story’s price has dropped more than 51% since its peak on Sept. 22.

Enthusiasm over the Story Protocol’s innovative approach to programmable IP licensing and its integration with decentralized applications drove bulls to dominance.

But with Bitcoin selling off and major altcoins following suit, IP has pared most of the upside.

IP price chart by TradingView

Per data from CoinMarket, trading volume has increased 41% to over $361 million in the past day to suggest a rush of sell orders.

The nosedive has intensified the profit taking the IP-focused blockchain solutions platform could yet witness fresh downside pain.

Currently, Story trades near $7.20, with bears shaving off about 30% of IP value in the past week.

Story Protocol, while innovative in its RWA approach, faces many of the headwinds that impact most cryptocurrencies, including a broader downturn of risk assets.

Why are analysts bullish on Story (IP)?

Despite the turmoil, some observers point to underlying strengths. Story Protocol’s recent tokenization of high-profile IP demonstrates real-world utility.

Key partnerships and integrations signal this strong traction and in institutional interest amid AI and blockchain adoption growth, add to this bullish perspective.

This is so as RWA takes shape, and the platform’s focus on the multi-trillion-dollar IP market gives it an edge.

“At its core, Story is the only blockchain purpose-built to make IP programmable, traceable, and monetizable in real-time, at global scale.

Conventional blockchains can represent static ownership but cannot embed dynamic, programmable license terms,” the Story team noted following mainnet launch.

Crypto analysts have also pointed to Grayscale’s launch of the Story Trust as a potential catalyst for IP. Hype are ETFs and institutional demand could be key.

Holding above $6.00 and successful bounce to $10 will buoy IP bulls. However, a dip below this key demand reload zone could allow sellers to target the $3.20 area.

The post Story (IP) price dumps 25% as profit taking intensifies appeared first on CoinJournal.

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YouTube star Mr Beast scoops $900K worth of ASTER in a 3-day buying spree

  • Mr Beast bought 538,384 ASTER tokens in the past three days.
  • He accumulated the dip, purchasing at $1.87 average price.
  • Aster DEX resolved a technical trading issue today and compensated affected users in USDT.

Experienced market players are taking the current market downturn as a chance to buy at lower prices.

On-chain data shows popular YouTuber Mr Beast purchased 538,384 ASTER coins in the past three days.

The star had deposited $1 million in USDT using two wallets, withdrawing tokens worth approximately $990,000.

Details show Mr Beast executed his transaction when ASTER traded at around $1.87 per coin, indicating what many consider a smart “dip buying strategy.

Aster has gained traction lately as perpetual decentralized exchanges dominate trends that Hyperliquid began weeks ago.

Native ASTER has been on steroids this week, soaring continuously from $0.10 on September 17 to all-time highs above $2.4 as of September 24.

However, it has lost the upward steam due to broader market bearishness and profit booking.

ASTER is trading at $1.88 after losing more than 10% of its value within the last 24 hours.

Despite the downside, massive whale actions signal confidence in solid rebounds.

Mr Beast’s bet on Aster has triggered optimism among enthusiasts who anticipate significant growth as the altcoin gains visibility.

One X user commented:

Celebrity entries like this tend to draw mainstream attention, interesting to see how retail sentiment reacts around ASTER after Mr Beast’s move.

Aster DEX sparks debates with swift issue resolution

Mr Beast’s purchase news emerged as the decentralized exchange faced a technical challenge early today.

The team reported abnormal price actions on the XPL trading pair, which liquidated some users.

Meanwhile, the DEX reacted swiftly, solving the issue and reimbursing affected users.

Individuals received compensation in USDT, covering all losses, including liquidation and trading fees.

The official announcement declared:

Compensation for the XPL perp incident has now been fully distributed. All affected users have received reimbursement directly in USDT to their accounts.

The DEX emphasized transparency during the recovery process and urged users with concerns to reach out to the support through Discord.

The prompt action won traders as it reinforced trust in Aster’s ability to safeguard users and ensure transparency during downtimes.

ASTER Price action

The native token trades at $1.88 after dropping over 10% in the previous 24 hours.

ASTER mirror prevailing broader declines, which escalated after the latest USD GDP data revision.

Nevertheless, experts believe the current bearish performance won’t last, forecasting swift rebounds as October approaches.

Investor and analyst @Eljaboom says ASTER is about to explode to $3 as it completes its correction phase.

That would translate to an approximately 60% gain from the market price.

Besides endorsement from Binance’s CZ, Aster gains traction as it taps a unique niche, which looks to dominate the upcoming bull run.

Perpetual DEXs are attracting attention as they blend DeFi’s transparency and self-custody with CEX-like speed, liquidity, and performance.

The post YouTube star Mr Beast scoops $900K worth of ASTER in a 3-day buying spree appeared first on CoinJournal.

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Bitwise seeks SEC approval for first-ever Hyperliquid (HYPE) ETF

  • Bitwise has submitted S1 for an ETF tracking HYPE.
  • It would be the first ETF tied to a perp DEX token.
  • Approval could see Hyperliquid exploding to new highs.

$15B asset manager Bitwise seems prepared for the next chapter of digital finance.

The company has filed with the US Securities & Exchange Commission for an exchange-traded fund (ETF) tracking Hyperliquid’s native coin, HYPE.

The S-1 application gained traction as a HYPE ETF would be the first of its kind, offering market players regulated access to a perpetual decentralized exchange token.

That signals the growing influence of DeFi and increasing pressure on Wall Street to expand cryptocurrency offerings beyond the top Bitcoin and Ethereum.

Understanding Hyperliquid

Hyperliquid is a decentralized platform designed specifically for DeFi undertakings.

While traditional blockchains often incorporate multiple use cases, Hyperliquid zeroes in on perpetual futures (perps) trading – a derivatives product that’s gaining remarkable attention in the cryptocurrency markets.

Notably, perps allow traders to speculate on future prices of assets without expiry dates.

That has made them attractive to institutions and experienced traders seeking heightened liquidity and flexibility.

Most importantly, Hyperliquid boasts a high-frequency infrastructure that handles the market with speed and efficiency.

This has seen the DEX create a sought-after niche in the blockchain industry.

Bitwise’s HYPE ETF application reflects confidence in the broader cryptography technology and Hyperliquid’s role in the future of decentralized finance (DeFi).

A exchange-traded fund approval would be a game-changer for US investors and the DEX.

Hyperliquid might boom to levels that the BitMEX co-founder predicted as institutional players join.

Pension funds, retail broker accounts, and hedge funds will have a regulated exposure to HYPE via a familiar product: the ETF.

Americans will gain frictionless access to a high-frequency decentralized asset, something that has been somewhat intimidating for non-crypto-native investors.

Everyday investors can use brokerage apps to buy into the altcoin’s exposure without the hurdles of creating wallets and exploring DEXs.

Challenges ahead

While the application stirred optimism, approval remains far from guaranteed.

The US SEC has taken a cautious approach to cryptocurrency ETFs, often citing concerns like investor protection, liquidity, and market manipulation.

Furthermore, Bitwise’s filing comes as the regulator delays its decision on multiple altcoin exchange-traded funds, including Pengu, Avalanche, and Sei.

Moreover, questions linger whether the SEC can endorse an ETF of an asset with a primary utility linked to high-risk perpetual trading.

The regulator will likely prioritize balancing investor safety and innovation when reviewing the application.

HYPE price action

The alt lost 0.2% in the past day to hover at $42.43.

HYPE has declined from its mid-September all-time highs of $58.

Meanwhile, its current outlook mirrors ongoing broader market declines.

Cryptocurrencies extended their downside yesterday after the US revised GDP data.

Bitcoin trades below $110,000 as cryptocurrencies follow September’s history of bearish performance.

The post Bitwise seeks SEC approval for first-ever Hyperliquid (HYPE) ETF appeared first on CoinJournal.