Altcoins today: BNB tops $1,300 all-time high, CAKE extends rally, SOL eyes $250

  • Binance Coin has crossed $1,300 for the first time.
  • CAKE maintains its bullish strength after an over 70% weekly surge.
  • Solana eyes short-term surges to the key $250.

Cryptocurrencies displayed stability on Tuesday, with most tokens on the edge of potential breakouts.

Bitcoin trades above $124,500 as the crypto market cap increased by 0.6% the past 24 hours to $4.28 trillion.

Amidst the optimism, this article explores altcoins stealing the show with impressive price actions.

Binance Coin continues to lead the altseason with fresh all-time highs above $1,300 today, while CAKE soared 8% over the past day, extending weekly gains by roughly 70%.

Meanwhile, SOL targets near-term rallies to $250.

Let’s discover more!

Binance Coin sets new ATH above $1,300

Binance’s token hit fresh all-time highs today as it touched $1,325, marking one of the robust performances among top altcoins this month.

The milestone follows weeks of steady momentum fueled by revived investor confidence in the exchange and massive trading volumes.

BNB has surpassed XRP and USDT to rank as the third-largest digital token by value, with $179.93 billion market cap.

Confidence in Binance’s long-term goals has propelled the native token.

Founder Changpeng Zhao has always emphasized focus on building and holding, and the price milestone likely validates that policy.

Binance’s consistent ecosystem growth, massive community engagement, and strategic token burns have helped BNB outperform markets.

Traders are now targeting $1,500 as exchange volumes and on-chain activity indicate momentum for more price gains.

CAKE continues upward streak

PancakeSwap’s CAKE has displayed remarkable performance since turning bullish last week.

It hit the $4.20 target today after gaining more than 15% on its 24-hour timeframe.

The alt is changing hands at $4.21, with a 50% increase in daily trading volume confirming improving trader activity.

The current momentum comes after the DEX revealed CAKE-PAD on October 6, a feature designed for asset burns and utility.

The official announcement indicated:

CAKE.PAD is built with simplicity, inclusivity, and CAKE utility in mind. It’s designed to bring in more users and drive more CAKE usage and burning.

Meanwhile, the price performance has attracted attention as it reflects a resurgence in the broader DeFi space.

Moreover, some interpret it as traders rotating capital from large-cap tokens to undervalued decentralized finance projects.

DeFi assets are regaining traction after months of sideways movement, as investors seek lucrative yield opportunities ahead of possible Q4 rallies.

The momentum comes after PancakeSwap launched innovative user-friendly features and new liquidity incentives to enhance yield farming experiences.

CAKE buyers are targeting $6 to clear the path towards $10 before heading to $19 amid broad-based bull runs.

SOL eyes short-term surge

Solana has been among the hottest ecosystems of this cycle.

Memecoin activity, speed, low fees, and scalability have helped the blockchain maintain its status as a top project.

SOL has soared from around $150 in early August to cross $250 on September 18.

However, broader market weakness and profit-taking triggered reversals to late September lows of $190.

Solana recovered to press time’s $230.

It gained 10% the previous week and a little seems on its way to $250 again.

Meanwhile, institutional interest sets the stage for immense growth as experts forecast massive gains in the fourth quarter.

With analysts perceiving dips as opportunities to add more, the market remains poised for more uptrends.

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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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Sui price consolidates above $3.50 as inflows tick up

  • Sui recorded approximately $3.5 million in net inflows last week.
  • Investors have injected over $138 million into Sui-related digital asset products.
  • Bulls could ride institutional demand and overall market tailwinds to target a new all-time high.

Sui (SUI) price is showing signs of a potential breakout as bulls stabilise above the $3.50 threshold.

Increased capital inflows, signalling renewed institutional interest, add to the overall bullish picture for SUI.

Sui holds a key level amid $3.5 million in capital inflows

The crypto market’s sharp bounce in the past week has Sui price poised above $3.50 and eyeing an upward continuation.

Meanwhile, the Sui ecosystem has recorded a modest yet encouraging uptick in investment activity.

According to CoinShares, approximately $3.5 million in net inflows poured into SUI-linked funds and products over the past seven days.

This comes as demand for institutional-grade exchange-traded products (ETPs) and venture-backed staking pools surges sharply.

Investors looking to position with Sui have injected over $138 million into related digital asset products and funds, with assets under management rising to $348 million.

While Bitcoin and Ethereum dominate with billions of dollars in weekly inflows, the overall bullish sentiment is helping smaller coins.

A lot of this is down to treasury strategy moves and exchange-traded funds anticipation, while macro tailwinds strengthen the push for more gains in the fourth quarter.

The $3.5 million inflows point to Sui’s appeal among institutional investors.

SUI price: is a new all-time high next?

SUI’s price action has entered a textbook consolidation phase.

Over the past weeks, the token has traded between $3.52 and $3.65, with a market capitalisation hovering around $13.1 billion and daily volume near the $1 billion mark.

As per CoinMarketCap data, this metric stood at around $997 million at the time of writing on Monday.

The altcoin’s stability comes after a 13% rally in the past week that has bulls retesting a key resistance zone.

Notably, technical indicators paint a bullish picture, with the relative strength index (RSI) sitting at 56, neutral yet trending upward.

Bids are also concentrated near the middle line of the Bollinger Bands, having seen a significant bounce off the support line.

Sui Price
Sui price chart by TradingView

Bullish catalysts for Sui include accelerating network growth and a supportive broader crypto market outlook.

Analysts expect substantial upside for Bitcoin, with some projecting a move toward $126,000.

Such an advance could trigger a broader sector rally, fueled by capital rotation and renewed risk appetite.

“Traders short October calls are rolling higher toward 126k–128k as $BTC keeps grinding up,” said analysts at QCP Group.

“The move shows conviction in sustained upside into month-end, with the market leaning on supportive macro stories and seasonal strength.”

A confluence of factors, including sustained inflows and strong technical momentum, could position SUI to retest its all-time high above $5.35, last seen in January.

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Could Trump’s $2,000 tariff rebates for Americans stimulate an altcoin surge?

  • Trump considers $1,000–$2,000 tariff rebates for American households.
  • Rebates aim to reduce the $37T national debt but face legal hurdles.
  • Analysts see potential for a targeted altcoin surge, not a full-blown rally.

US President Donald Trump is reportedly thinking about giving American households a tariff rebate somewhere between $1,000 and $2,000.

He is pitching it as a kind of “dividend for the people,” and naturally, it could shake up both consumer spending and the markets.

The main aim? To chip away at the $37 trillion national debt.

But here’s the interesting part, people are already speculating this move could spark another altcoin rally, kind of like what we saw back in 2020–2021 when pandemic stimulus checks sent retail investors rushing into crypto.

Trump’s tariff dividend: Policy and legal challenges

The rebates Trump is talking about would come from the revenue generated by his aggressive tariff policies.

So far in 2025, those tariffs have brought in about $215 billion, and some projections suggest it could hit $300 billion by the end of the year.

Trump has been clear that reducing the national debt is still the main goal, but he’s also hinted at sending cash directly to Americans, saying something like, “We’re thinking maybe $1,000 to $2,000 – it would be great.”

The administration even claims that tariffs could eventually pull in over $1 trillion a year, though that’s still very much up in the air.

But here’s the catch: the legality of these tariffs is under serious judicial review.

The Supreme Court is set to hear a case in November 2025 to decide whether the president actually has the constitutional authority to impose broad tariffs.

Past rulings from the US Court of Appeals for the Federal Circuit have already raised questions.

Treasury Secretary Scott Bessent has even warned that if the courts rule against them, the government might have to refund anywhere from $750 billion to $1 trillion in collected and projected revenue.

So, while the rebate idea sounds exciting, this legal uncertainty makes it far from guaranteed.

Altcoin markets: a potential surge?

Analysts are saying that if these rebates actually happen, we could see a surge in altcoin investing.

A 2023 study by Harvard’s Marco Di Maggio found that when households get extra cash, it often leads to more people buying crypto, especially retail investors looking for yield or a hedge against inflation.

That’s exactly what happened during the 2020–2021 altcoin boom, when Bitcoin’s dominance fell from 73% to 39%, thanks largely to pandemic stimulus checks flowing into digital assets.

Things are a bit different now, interest rates are over 4%, and the total crypto market cap has grown to $4 trillion.

But experts like Wintermute strategists say any new “alt season” would likely be more selective, focusing on coins with real utility instead of pure speculation.

Still, the psychological boost from direct payments, along with expected Federal Reserve rate cuts, could get retail investors excited again.

Platforms like XRP and Solana might be among the big winners if attention shifts toward innovation-driven blockchains.

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FLOKI eyes 70% rally as first ETP goes live in Europe

  • Floki price is up 2% after giving up some gains following a surge to above $0.000089.
  • This came as Valour Floki ETP goes live in Europe
  • FLOKI’s current price of $0.000086 but bulls could eye $0.00015 or higher amid a bullish Q4.

Floki (FLOKI) rose slightly on Friday, hitting intraday highs of $0.000088.

The gains came as the broader crypto market cheered its latest uptick, with Floki up as the cryptocurrency project hit a major milestone with the trading launch of its first exchange-traded product (ETP) in Europe.

With the move likely to bolster FLOKI’s adoption as crypto builds momentum into a historically bullish Q4 cycle, bulls could ride overall sentiment to eye gains to $0.00015 – levels last seen in July.

Valour launches first Floki ETP in Europe

Valour, a subsidiary of DeFi Technologies, introduced the Valour Floki (FLOKI) SEK ETP in September.

The ETP is now live on Sweden’s Spotlight Stock Market, a platform with multiple digital asset ETPs listed.

Floki’s ETP begins trading in Europe just days after Valour announced the listing of several crypto ETPs on the Spotlight exchange.

These included exchange-traded products for Pepe, Flare, Virtuals Protocol, Optimism, Story (IP), Immutable and Quant.

Apart from Floki, the firm also launched a crypto-product on The Graph, Theta, IOTA, and Hyperliquid.

According to details the launch of Valour’s Floki ETP marks a milestone for the BNB Chain-based project.

In particular, Floki is now the first BNB Chain project, aside from BNB, to secure such an ETP listing in Europe.

Valour’s crypto product on the memecoin goes live a couple of months after Floki became the first Markets in Crypto Asset compliant token in Europe.

It followed the project’s launch of a MiCA-compliant white paper with the European Securities and Markets Authority (ESMA) in July.

That, and this ETP, together point to Floki’s growing adoption.

A similar trend is anticipated after the flagship metaverse game Valhalla went live.

Floki price outlook: bulls eye a 70% bounce

As Bitcoin pumped to above $120,000 and top altcoins tracked the uptick, Floki jumped to highs of $0.000089.

While not a major breakout as happened with tokens like Zcash, PancakeSwap and Ether.fi, the gains signaled a potential upward flip for the memecoin.

FLOKI’s current price of $0.000086 is near this level, with 24-hour uptick of 2% and 9% in the past week.

However, bulls are down 5% over the past month after the downside action that hit cryptocurrencies in September.

The technical outlook nonetheless suggests a potential accumulation zone near current levels.

Floki price chart by TradingView

Although the Relative Strength Index (RSI) at 45 suggests indecisiveness, the Moving Average Convergence Divergence (MACD) is signaling a potential bullish crossover.

If this strengthens, a flip in the daily RSI could align with a possible reversal.

Price targets on the upside include the key levels of $0.00011 and $0.00015.

This could mean an initial 70% rally in coming months, mainly buoyed by overall market conditions.

Notably, a successful break above $0.00015 could confirm a sustained upward trend and bring $0.00025 into play.

The key short-term support level will be around $0.000063.

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