Kategorie: Altcoin News

Altcoin news about alternative blockchains and its crypto ecosystems.

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XRP outlook bullish as tokenized RWAs on XRPL skyrocket 2,260%

  • The XRP price is near its all-time high as altcoins see gains.
  • XRP Ledger’s tokenized RWA grew 2,260% in six months, from $5 million to over $118 million.
  • Other metrics and broader market developments add to the bullish outlook for XRP.

Ripple’s XRP trades around $3.50 as it continues to hover near its all-time high, with price up 21% in the past week and over 66% in the past month.

While the overall cryptocurrency bullish sentiment has helped, key network and ecosystem catalysts are emerging, including the XRP Ledger witnessing staggering growth in tokenized real-world assets (RWAs) over the past six months.

XRPL tokenized RWA grows 2,260% in six months

According to the latest report, the XRP Ledger (XRPL) is gaining traction in the tokenized real-world assets market.

In just the past six months, XRPL saw its on-chain RWA value share jump from $5 million in January 2025 to over $118 million by July 2025. This accounts for a notable 2,260% increase, growth that coincides with an explosion in the overall tokenization trend.

Token Relations shared the XRPL data on RWA growth in a recent article on X, noting the sharp increase aligns with the Ripple network’s rising appeal as a tokenized assets platform. High transaction volumes that include a peak of 2.48 billion XRP in daily payments adds to this outlook.

XRPL has attracted RWA integrations from Archax and Abrdn, Guggenheim Treasury Services, and Ondo Finance.  Mercado Bitcoin also plans to tokenize over $200 million in assets on the XRP Ledger, further expanding the platform’s traction.

Assets on-chain on XRPL include U.S. Treasury bills, commercial paper, and money market funds among other traditional financial instruments.

XRP price forecast: Ripple network activity could be key

Tokenized RWAs is not the only metric highlighting XRP’s potential. Other key catalysts have come into play, including network milestones such as the launch of the EVM sidechain and integration of Ripple USD (RLUSD), a stablecoin that’s getting huge adoption calls.

“Since going live, the XRPL EVM Sidechain has seen organic developer adoption, with over 1,300 smart contracts deployed, participation from more than 17,000 unique addresses, and the creation of more than 120 tokens,” Token Relations noted.

The spot exchange-traded fund (ETF) anticipation is also crucial, as is regulatory clarity and Ripple’s settlement of its SEC legal woes.

XRP price has gained amid these developments, with Ripple’s market cap surpassing the $200 billion as XRP hit highs of $3.64. Notably, the cryptocurrency reached its all-time high of $3.84 in 2018 and analysts say this is a milestone bulls are poised to exceed in the short-term.

From a technical outlook angle, XRP shows strong bullish momentum. As institutional interest grows amid a confluence of regulatory clarity and network partnerships, it is clear XRP could target parabolic gains.

The post XRP outlook bullish as tokenized RWAs on XRPL skyrocket 2,260% appeared first on CoinJournal.

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Solana price prediction: SOL targets breakout above $200

  • Solana price is above $190, with intraday highs of $192 as bulls target the psychological $200 level.
  • Analysts say SOL could explode above the $190 level amid current altcoin gains.
  • Institutional interest in Solana continues amid investment product inflows.

Solana (SOL) is trading above $190 on Monday, breaking higher to hit its highest level since February.

This comes as SOL gained over 14% this past week and by more than 34% in the past month, buoyed by a rally for altcoins after the GENIUS Act became law.

With on-chain activity and technical indicators bullish, analysts say a breakout above $190 could see Solana rally hard. Other altcoins, including Ethereum, XRP, and Cardano, are also bullish.

Solana price breaches key resistance level

Solana has recently ticked higher amid an upward trend that excites bulls, with analysts noting it’s poised for a potential parabolic move if it breaks above a critical resistance level.

According to an analysis by Glassnode, the next major resistance for SOL is around $190, where investors have accumulated over 8 million Solana tokens.

Although this accumulation zone represents a significant hurdle, bulls are currently retesting it.

Buyers have in the past 24 hours gained nearly 7% to breach the supply barrier and reach intraday highs of $191.79.

Furthermore, Glassnode suggests breaking above this level could be key as the supply becomes less dense.

As a thinning supply zone sits above $190, the $200 price level could be on the cards.

SOL price forecast

As noted, market forecasts for Solana are increasingly optimistic, with a confluence of technical and on-chain factors in favour.

Liquidations have jumped as shorts feel the heat, accounting for over $12 million of the $16 million wiped out in the past 24 hours.

Notably, market observers say that high market activity has often seen SOL liquidations explode on Solana-based perpetual trading platforms.

This surge in on-chain liquidations underscores the intense trading volume and speculative interest in SOL, particularly on decentralized platforms leveraging Solana’s high-speed blockchain.

Crypto analyst Ali Martinez says a break above $189 for SOL leaves nearly no major hurdle for bulls.

Solana’s total value locked (TVL) amid a massive spike in decentralized finance (DeFi) adoption adds to the bullish sentiment for SOL.

Solana-based digital asset products exchange-traded products have also been on an upward trend in terms of inflows.

The ETPs, including exchange-traded funds (ETFs), managed over $39.1 million in inflows for the past week.

While it lagged Bitcoin’s $2.19 billion in weekly inflows, the number is a reflection of growing adoption for SOL.

DeFi TVL on Solana has in fact jumped to $10.2 billion, hitting the milestone for the first time in nearly two years.

The SOL price appreciation has helped push the TVL up, with Jito Sol up to $3.09 billion, Jupiter Exchange to $2.9 billion and Kamino Finance to $2.89 billion.

The post Solana price prediction: SOL targets breakout above $200 appeared first on CoinJournal.

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Early PUMP investors dump 25.5 billion tokens, pocketing nearly $40 million in profit

  • Two wallets offloaded PUMP worth $141M the previous week.
  • The sales yielded around $39.65 million in profit.
  • The transactions (made to FalconX and CEXs) have raised concerns over Pump.fun’s token distribution.

As the GENIUS Act fuels the altcoin season narrative, a bold move involving the recently launched PUMP coin has raised eyebrows within the cryptocurrency community.

According to EmberCN’s July 21 X post, two wallets that participated in Pump.fun’s private placement have offloaded 25.5 billion PUMP tokens, worth approximately $141 million.

The transaction saw the investors netting combined $39.65 million profits within a week.

The speed and magnitude of these transfers have stirred widespread debates among crypto enthusiasts, with many questioning Pump.fun’s token distribution structure and the altcoin’s long-term price stability.

Key investors exit PUMP

The first wallet D6ar…Lazd secured 25 billion PUMP coins after joining the institutional round with $100 million USDC.

Notably, this private placement mirrored a public sale as it lacked a lock-up period with the same buying price.

That’s unusual for institutional investors.

While the market rallied over the last week, driven by regulatory changes in the United States, this wallet sent 13 billion tokens, worth approximately $71.46 million, to a trading and liquidity platform FalconX.

Meanwhile, the assets later moved into multiple central exchanges (CEXs).

The investor dumped at around $0.0055 average price, accumulating $19.5 million returns in less than a week.

The second wallet walked away with around $20.15 million with a similar approach.

It received 12.5 billion tokens after committing $50 million USDC to the private sale.

Meanwhile, the whale moved all the tokens to CEXs, locking in returns at $0.0056 average price per PUMP coin.

Maximum liquidity without lock-up

The most noticeable thing is that these private round participants didn’t have lock-up terms.

Generally, institutional crypto purchases include vesting periods to ensure stability and discourage sudden dumps.

In Pump.fun’s saga, large-scale investors were free to offload immediately, giving them an edge over retail players who joined later.

Further, the community criticized for creating an irregular playing ground with equal pricing between private and public offerings.

PUMP momentum threatened

The altcoin has remained on investor radar since its July 12 public sale, which sold off within twelve minutes.

While it demonstrates strength despite early backlash, the substantial dump from early participants darkens PUMP’s short-term outlook.

The substantial sell-offs will likely impact liquidity, investor confidence, and price actions in the upcoming sessions.

The derivatives markets data signal a weakening strength according to Coinglass.

PUMP’s trading volume has plunged 10% to $1.11 billion, whereas a 7% dip in Open Interest indicates fading trader optimism.

Moreover, the Pump.fun team hasn’t commented on the significant transactions or the project’s private placement structure.

The lack of transparency could dent PUMP’s sentiments further.

Enthusiasts will watch how the altcoin reacts to the latest on-chain developments.

Nonetheless, broad market sentiments remain vital in shaping the altcoin’s trajectory.

Bulls dominate the digital assets, and with Bitcoin’s declining dominance hinting at an impending altcoins season, massive rallies could absorb PUMP’s anticipated selling pressure.

The post Early PUMP investors dump 25.5 billion tokens, pocketing nearly $40 million in profit appeared first on CoinJournal.

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Kaspa price climbs 10% on Layer 2 rollout, forms double-bottom pattern

  • KAS price is up 10% in 24 hours as Kaspa mirrors other altcoins’ gains.
  • The cryptocurrency is also surging after seeing a double-bottom bounce with support near $0.05.
  • Bulls could breach resistance around $0.12 and target the $0.18-$0.20 supply zone.

The Kaspa price has surged by 10% in the past 24 hours, reaching an intraday high of $0.105.

Notably, this has added to weekly gains of over 18% as Kaspa rides the bullish momentum, with top cryptocurrencies Ethereum, XRP, and Solana seeing notable gains.

BNB price has jumped to near its all-time high and could eye $1,000.

As these top altcoins eye key technical levels, Kaspa’s upward momentum is drawing significant attention. Both market dynamics and upcoming network developments suggest bulls may not be done yet.

Why is Kaspa price up today?

Kaspa’s price increase aligns with a robust altcoin market.

ETH, XRP, SOL, and BNB are all climbing toward critical resistance zones or all-time highs, adding to buying pressure for small-cap cryptocurrencies.

However, Kaspa’s rally is not solely tied to market-wide optimism.

A key driver is the growing anticipation surrounding the Kasplex mainnet, a significant step forward for the Kaspa Network, which is renowned for its high-speed, proof-of-work blockDAG architecture.

The Kasplex Layer 2 public testnet, dubbed Kasplex zkEVM, has officially launched, marking a pivotal milestone in Kaspa’s roadmap.

This fully Ethereum Virtual Machine (EVM)-compatible rollup leverages Kaspa’s Layer 1 (L1) for decentralized sequencing and data availability.

Kasplex zkEVM introduces several groundbreaking features. A full EVM equivalence allows developers to deploy Ethereum-native smart contracts with minimal adjustments.

With bridged KAS as the native testnet token, the protocol also allows for integration with standard EVM wallets like MetaMask.

Additionally, the testnet includes a live faucet, explorer, and expanding developer tooling, fostering an environment for building decentralized applications (dApps) and smart contracts on Kaspa.

This development positions Kaspa as a unique proof-of-work blockchain with Layer 2 smart contract functionality.

Its growth potential has sparked increased interest in the KAS token, contributing to its price surge.

KAS price: technical outlook

From a technical perspective, Kaspa’s price action is showing bullish signals. The KAS token has formed a double-bottom pattern, a classic reversal signal.

It indicates strong support in the $0.05-$0.06 range.

 

Kaspa price chart by TradingView 

This bounce has propelled the price toward a key resistance level near $0.12.

According to the price outlook on the weekly chart, a decisive breakout above this level could open the door for buyers to target the $0.18-$0.20.

The area might prove a crucial supply zone, with the level aligning with previous highs from July and December 2024.

The post Kaspa price climbs 10% on Layer 2 rollout, forms double-bottom pattern appeared first on CoinJournal.

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BNB price prediction: BNB on cusp all-time high as bulls eye $1,000

  • BNB price trades above $760, having touched intraday highs of $766.
  • Having come just shy of a new all-time high, it’s possible bulls could target $1,000 next.
  • Overall, altcoin market optimism will catalyse more gains.

BNB, the native coin of the Binance ecosystem and BNB Chain, is on the cusp of a new all-time high as price hovers near $763 on Monday morning.

This comes amid a robust uptick for altcoins, with Ethereum exploding to $3,800 and XRP eyeing $4.00.

While BNB has only managed a modest 2%, price is retesting last week’s resistance level amid an increase of nearly 9% in seven days.

Despite these small gains compared to other coins, BNB is showing strong technical indicators, alongside a yearly high in Open Interest.

BNB price nears new all-time high

The BNB price has continued to trade higher since breaking above $640 in June.

On Monday, July 21, the altcoin reached an intraday high of $766, a move that saw it come close to hitting its all-time high of $793 reached in December 2024.

As noted, this rally for Binance Coin aligns with an uptick for altcoins across the broader market.

With Bitcoin consolidating after hitting new ATH above $123k, it’s altcoins that are in the limelight this past week.

“With Ethereum leading the way, there has been a huge jump in social media mentions of many altcoins and higher price targets,” analysts at Santiment recently posted.

Ethereum has climbed above $3,800, and XRP is on the verge of a new all-time high.

Bulls have pushed Solana towards $200. Elsewhere, altcoins such as Conflux (CFX) have surged significantly to lead top gainers in leading 100 coins by market cap.

BNB’s market capitalisation has also increased amid the overall upward momentum, hitting above $106 billion as the fifth-largest cryptocurrency targets a new peak.

BNB price prediction: is a breakout to $1,000 next?

A look at the charts shows BNB’s bullish outlook has the support of key technical indicators.

Combining this with prevailing market conditions could offer buyers the chance to break higher.

Currently, hovering above $760 puts BNB just shy of the $793 peak.

Profit taking may ensue near the ATH, but Open Interest in BNB futures has soared to a yearly high of $1.04 billion.

Derivatives volume has also jumped to over $1.38 billion, signalling increased trader bets on the cryptocurrency.

BNB price chart by TradingView

The Moving Average Convergence Divergence (MACD) also shows a bullish crossover, confirming sustained upward pressure.

If BNB bulls weather the likely corrections, the next target above the all-time high will be the psychological $1,000 level.

The post BNB price prediction: BNB on cusp all-time high as bulls eye $1,000 appeared first on CoinJournal.