Ethena’s USDe stablecoin makes US debut with Kraken listing

  • The stablecoin gains its first US exchange listing as adoption soars.
  • USDe gains traction since it’s different from established USDT and USDC.
  • The listing could enhance liquidity and trader trust in Ethena’s ecosystem.

Ethena Labs’ synthetic dollar stablecoin USDe is gaining notable traction in the cryptocurrency market.

Less than a day after Binance launched a rewards program for the asset, USDe has officially entered the United States through Kraken.

The move is crucial in pushing Ethena’s stablecoin into international markets.

Kraken has confirmed it will open trading soon, allowing traders in America to access an innovative stablecoin that’s different from traditional fiat-pegged alternatives like Circle’s USDC and USDT.

How Ethena’s USDe works

While USDT and USDC use bank-held fiat reserves, USDe leverages delta-neutral hedging with BTC and ETH derivatives to maintain a dollar peg.

The approach aims to build a censorship-resistant, on-chain stable token while avoiding dependence on third-party and centralized custodians.

Proponents suggest that USDe’s design heralds the next wave of stablecoin revolution, which promises the reliability and efficiency that matches blockchain’s decentralization code.

Also, the asset has gained popularity due to its yield-bearing offerings, allowing individuals to earn passive returns from idle stablecoin balances.

Participants can stake USDe and receive sUSDe, which compounds yield with time.

The regulatory significance

Besides bolstering USDe’s adoption, Kraken’s listing sets the stablecoin ahead in compliance.

Authorization to join a licensed US exchange generally involves significant regulatory and legal checks, which Ethena has likely passed.

The move adds a layer of credibility to the synthetic dollar protocol.

One X user commented on its US debut, stating:

USDe hitting a US exchange signals more than growth. It’s validation. The synthetic dollar is no longer a niche.

Compliance is vital since it may reassure investors and traders of the asset’s safety.

Stablecoin competition intensifies

While USDT and USDC dominate the current stablecoin industry, USDe rises as a serious contender.

Ethena’s stablecoin sees remarkable growth as it attracts participants seeking more decentralized options.

USDe ranks 3rd with its $14.43 billion market cap, far below USDT ($172.83 billion) and USDC ($74.03 billion).

The stablecoin rivalry would likely surge in the coming times.

Established projects should adjust and adopt accommodating models.

ENA price outlook

Ethena’s native coin traded in the green amidst the Kraken news.

ENA has gained more than 4% on its daily price chart to $0.6156.

The altcoin braces for impressive growth as USDe strengthens the Ethena ecosystem.

Meanwhile, bulls should hold the support barrier at $0.60 to keep the upside steam in the near-term.

Breaching the support zone at $0.50 to the downside will invalidate ENA’s bullish trajectory with notable price dips or sideways.

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Altcoins update: Aster flips Hyperliquid in futures volume, DOGE targets $0.5

  • Aster’s $11.8B in daily futures volume eclipses Hyperliquid’s $9.9B.
  • Market sentiments flip bullish as activity soars across multiple networks.
  • Dogecoin eyes breakout amid ETF optimism.

Digital tokens flashed recovery signs today after Monday’s dips.

The global crypto market capitalisation steadies at $3.9 trillion after a brief 0.15% uptick in the past day.

Aster threatens Hyperliquid’s market share

The perpetual futures sector has been in the spotlight lately as market players seek massive leverage.

While Hyperliquid stole the show in the past weeks, Aster sees magnified attention after Changpeng Zhao’s endorsement.

The decentralised exchange celebrated a key milestone today, netting over $11 billion in perpetual volume over the past 24 hours.

That saw it outshining Hyperliquid, which recorded $9.9 billion in that timeframe.

It is the first time Aster has flipped Hyperliquid in daily volume, signalling soaring trader interest in the relatively new decentralised exchange.

Aster’s massive volume signals a liquidity shift that might transform rivalry among top DEXs.

Besides endorsement by Binance’s founder, adoption from renowned traders and heightened liquidity rewards fuel Aster’s rise.

Trading incentives and cross-chain features seem to have boosted activity on the DEX.

Meanwhile, futures platforms are witnessing engagement resurgence.

Lighter recorded $6.89 billion in daily volume, whereas edgeX reported $5.06 billion.

That reflects the shifting trend of amplified derivatives participation.

Native ASTER exhibits an upside trajectory after gaining more than 40% in the past day to $2.05 ATHs.

It has gained over 2,000% on its monthly chart.

On the other side, Hyperliquid experiences a faded momentum as it loses key figures.

The prevailing weakness comes after BitMEX co-founder dumped his HYPE tokens over the weekend, citing impending unlock-driven selling pressure.

Hayes’ move grabbed attention as the sell-off came less than a month after he predicted up to 126x growth for Hyperliquid’s token.

Dogecoin set for a rebound

The original meme coin remained on the traders’ radar amid optimistic developments.

Dogecoin buzzes amid progressive developments linked to its exchange-traded fund.

21Shares’ DOGE ETF (TDOG) is now available on the DTCC (Depository Trust & Clearing Corporation) site.

While that doesn’t mean the SEC’s approval, it is a crucial step toward a potential launch.

Analysts have shifted to DOGE’s price chart amidst the ETF chatter.

The meme token is trading at $0.2400 after a slight decline in the past 24 hours.

Popular analyst @Ali_Chart highlights $0.50 as the key target for Dogecoin amid stable recoveries.

That would translate to an over 100% surge from DOGE’s market price.

Nevertheless, bulls should overcome the nearest resistance at $0.28 to support stable uptrends.

An ETF launch and broader market surges will accelerate Dogecoin’s potential rally.

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Aster price holds $1.7 as whales buy, perps volume hits $11B

  • ASTER price is consolidating near $1.7 and is supported by a daily trading volume of $2.1 billion.
  • With resistance at an all-time high near $2 and support at $1.48, ASTER’s price is largely bullish.
  • Upcoming token unlock could introduce volatility.

While several top coins are struggling with downside pressure, Aster’s native token is posting slight gains near $1.7.

The token’s price was up 13% in the past 24 hours, and a staggering 1,980% in the past week at the time of writing, driven by robust trading activity that had daily perps DEX volume hitting $11 billion.

ASTER’s growth as a platform in the decentralised finance (DeFi) space is key to bulls’ momentum.

Perps volume hits $11 billion as ASTER holds $1.7

ASTER’s price has held around $1.7 after retreating from its highs of $1.97 across major exchanges.

The current price reflects a 13% surge in the last 24 hours, outpacing top coins after Monday’s bloodbath.

The token remains well over 1,870% up since its all-time low of $0.084 on September 17, 2025.

Price consolidation sees ASTER rank among the best performers on the day.

Most notably, the decentralised exchange platform has recorded a staggering $11 billion in perps trading volume.

Spot trading volume also spiked, increasing by over 8% to $2.1 billion.

Multi-chain support and Aster’s Genesis Stage 2 rewards program, which allocates over 50% of tokens to community airdrops, has driven significant user engagement.

Bybit’s $100k reward pool campaign also boosted participation, with deposits and spot trading rising.

Meanwhile, Aster has benefitted from the endorsements of influential figures in the space, including Binance’s Changpeng Zhao.

ASTER price and its potential for parabolic gains have seen a whale double down on the token with 7.14 million ASTER tokens worth over $10.5 million.

The whale scooped the tokens via two wallets, Lookonchain noted.

The whale deposited 4.5 million Tether (USDT) into the Aster exchange and withdrew 7.14 million.

On-chain data showed the bull sat on an unrealised profit of $6 million.

What’s next for the ASTER price?

ASTER is testing resistance at $1.75, with upside potential toward $1.90 and the key $2.00 psychological mark.

A breakout above this range could open the door to fresh highs, particularly if sentiment across the broader crypto market turns supportive.

Near term, however, risks are building as profit taking coincides with an upcoming token unlock.

With millions of ASTER tokens set to enter circulation, selling pressure—particularly from airdrop claimants—could weigh on price momentum.

On the downside, $1.58 is emerging as the critical support level. A sustained break lower could see prices slip toward $1.48, where bulls may attempt to regroup.

Despite these risks, consolidation around current levels remains possible.

Should the market absorb selling and broader adoption of ASTER’s zero-knowledge proof–powered DEX infrastructure continue, a decisive break above $2 could mark the beginning of a stronger bullish leg.

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Is 0G price set for breakout to $10 amid $3.3 billion volume surge?

  • 0G price holds above $5.8 with over 60% in 24-hour gains after its mainnet launch.
  • The listing on Binance helped the price pump to $7.31 and the daily volume 2,800% to over $3.3 billion.
  • 0G price is largely bullish despite potential profit-taking.

0G, the decentralised AI-focused blockchain created by 0G Labs, surged on Monday following the launch of its mainnet and the rollout of its native token airdrop.

The token’s debut on Binance fueled strong trading momentum, sending prices to intraday highs of $7.31.

The sharp rally underscored the heightened investor appetite for projects at the intersection of artificial intelligence and blockchain technology, a theme that has been gaining traction across the digital asset market.

Market watchers noted that the combination of a high-profile exchange listing and the ongoing wave of enthusiasm for AI-linked platforms helped propel 0G’s early performance.

0G price holds above $5.8 amid $3.3 billion volume

The 0G token saw heightened activity after its September 22, 2025 mainnet launch and simultaneous listing on Binance, with the price briefly spiking before settling near $5.8.

Despite the pullback, buyers have shown signs of resilience, attempting to absorb airdrop-related selling pressure and laying the groundwork for a potential retest of the recent highs.

A key driver behind the action has been the surge in trading volume. With Binance rolling out multiple pairs—0G/USDT, 0G/USDC, and 0G/BNB—investors have quickly moved across spot, margin, and futures markets to capture short-term momentum.

The token’s integration into leveraged products expanded market participation, amplifying volatility but also providing deeper liquidity.

Binance’s announcement of a $50 million rewards pool, shared widely on X, further spurred trading activity, attracting both retail and institutional interest.

The incentive campaign added to the strong inflows, with 0G registering one of the sharpest volume spikes among newly listed tokens in recent months.

As per CoinMarketCap, daily trading activity for the crypto project shot up by over 2,800% to $3.3 billion.

XRP tops the leaderboard in terms of 24-hour volume for top gainers among the 100 largest coins by market cap, with over $6.9 billion.

However, 0G’s figure that exceeds $3.3 billion is the second highest.

Avalanche and Aster, the other outperformers in the leading 100 coins by market, also have significant volumes amid buy pressure with $2.6 billion and $2.1 billion, respectively.

0G price outlook? Is $10 next?

Looking ahead, analysts project a largely bullish trajectory for 0G.

Short-term forecasts suggest a potential consolidation between $5.10 and $7.5 before another leg up beyond the $10.00 mark.

Bullish scenarios, including AI-blockchain adoption, will be key in both the short term and the longer term.

Investors may want to check out advancements across Decentralized Physical Infrastructure Networks (DePIN) and overall crypto sentiment.

Integrations with major AI frameworks or partnerships that include global giants like Alibaba, Nvidia and OpenAI are worth a serious focus.

The same applies to collaborations with Mira, Pyth Network and oracle and DeFi platform RedStone.

Regulatory clarity in the broader crypto market and price recovery for Bitcoin, other altcoins, could spark upside momentum for 0G.

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NEAR price surges 9% as AI developments boost ecosystem

  • NEAR surged more than 9% as bulls rode the latest artificial intelligence-related sentiment.
  • The Nvidia and OpenAI partnership and $100 billion investment are a huge boost to ecosystem confidence.
  • Short term, NEAR price could target a 200% rally to above $8.20

NEAR Protocol price has jumped 9% in the past 24 hours as artificial intelligence-related developments buoy investor sentiment.

As tokens such as AI Companions exploded, NEAR’s price climbed by more than 9% to highs of $3.15.

The surge reflected a sharp bounce from its intraday lows, with heightened enthusiasm amid AI-centric optimism. Gains see NEAR price buck the trend that had the crypto market reeling from a $1.7 billion wipe out amid sharp losses.

Near Protocol price bounces amid major AI news

The NEAR Protocol token experienced a robust 9% surge on September 23, 2025, rebounding from recent volatility and trading at $3.15 by midday, according to data from major exchanges.

NEAR’s price uptick follows a period of consolidation, with the token dipping below $2.90 earlier in the week amid broader crypto market pressure.

Also notable is the spike in trading volume, which was up by more than 25% to $370 million as investor confidence in NEAR rose.

At the heart of this momentum is NEAR’s strategic positioning as “the blockchain for AI,” a narrative reinforced by recent ecosystem advancements.

Just days prior, on September 16, NEAR announced a pivotal integration with the Allora Network, enhancing its Shade Agent infrastructure with predictive AI capabilities.

This collaboration introduces four AI engineering competitions focused on price prediction challenges across major blockchains, including NEAR, Solana, Bitcoin, and Ethereum.

By enabling autonomous bots to interact seamlessly with multiple chains while preserving data privacy, Shade Agents exemplify NEAR’s vision of serving as the “execution layer for the AI economy.”

These developments have propelled the combined market capitalization of AI-related tokens to over $34 billion.

Developers and capital are reflowing into top AI-related projects and NEAR’s scalable, sharded architecture gives it an upper hand.

Nvidia’s $100 billion bet on OpenAI

Compounding this excitement is the seismic announcement from industry giants OpenAI and Nvidia on September 22, 2025, which has sent ripples through the AI and crypto sectors.

Nvidia revealed plans to invest up to $100 billion in OpenAI to deploy at least 10 gigawatts of AI data centers powered by millions of its GPUs, marking what executives described as the “biggest AI infrastructure deployment in history.”

The first gigawatt is slated for rollout in late 2026 using Nvidia’s Vera Rubin platform, with the partnership aiming to accelerate OpenAI’s pursuit of superintelligent systems.

OpenAI CEO Sam Altman highlighted its role in scaling compute for agentic AI and multimodal applications.

Notably, OpenAI and NVIDIA’s landmark collaboration not only boosted Nvidia’s stock by nearly 4%, adding $170 billion to its market cap, but also amplified the AI supercycle.

NEAR, riding the sentiment, is up 9% in the past 24 hours and now stands over 16% in the past week.

Near price forecast

With AI momentum ticking even higher, analysts project a bullish trajectory for crypto tokens within the ecosystem. Projects like Worldcoin, Bittensor and Render are recording significant network growth, and among these stands NEAR Protocol.

NEAR price chart by TradingView

Past bullish flips have seen most tokens at the intersection of AI and blockchain technology bursting into life.

In 2025 and beyond, Near Protocol claims to be one of the top platforms. Fueled by its AI integrations, developer adoption, and macroeconomic tailwinds like the Federal Reserve’s recent rate cut, price has hovered at key levels.

Short-term, network growth metrics and technical strength are key. The daily chart above suggests NEAR could successfully retest resistance at $3.50 and target highs of $4.00 and then $8.20 for a 200% rally.

On the downside, support is likely around $2.30 and $1.89.

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