Kategorie: Altcoin News

• Hyperliquid price is at $37 after hitting an all-time high above $39.
• The HYPE token is up amid massive buying pressure.
• Key on-chain metrics suggests the decentralized perpetual trading platform could explode to target $100.

Hyperliquid (HYPE) price reached its all-time high above $39 on May 26, breezing to the peak amid massive buying pressure.

HYPE has outpaced Solana and Cardano in recent performance.

Per market data, the decentralized perpetual trading platform recorded daily trading volume exceeding $426 million as HYPE reached a new all-time high.

This marked a significant increase from the $292 million logged the previous day when the token was trading around $34.

The layer 1 blockchain also managed other milestones across its ecosystem, with the price surge helping the total value locked jump to a new high.

Open interest also rose as HYPE’s uptrend continued to attract attention, while other on-chain metrics such as stablecoin market cap pumped to a record high.

Hyperliquid and key network growth

As noted above, on-chain metrics for Hyperliquid are pointing to potential upward continuation amid broader market moves.

Per Coinglass data, the open interest in the HYPE token has jumped to $1.41 billion.

OI hovered around $900 million last week. This represents an all-time high for OI in the token that traded to lows of $3.20 in late November 2024 and is up an impressive $1,061% since then.

The rebound as the altcoin reached its ATH was even bigger.

This positions HYPE for a potential breakout, as fear of missing out on one of the cycle’s top-performing altcoins draws in new buyers.

Whales have recently shown confidence in the long-term price of HYPE, and DeFiLlama shows the Hyperliquid 1 TVL has topped $1.75 billion.

The platform has seen daily revenue hit $1.87 million, while DEX and perps 24-hour counts stand at $509 million and $6.9 billion, respectively.

Meanwhile, the stablecoin market cap across the platform has grown to over $3.62 billion.

Hyperliquid is absolutely killing it:

– TVL is up 110% in the past month
– it’s the 4th largest L1 by mindshare
– it just hit a new ATH in open interest

Imagine the smell if the team also confirms a 2nd $HYPE airdrop. pic.twitter.com/CTRvleiKbC

— The DeFi Investor 🔎 (@TheDeFinvestor) May 27, 2025

HYPE price prediction

While Hyperliquid’s token has traded to lows of $36.14, as the area around $38 looks to offer bears an advantage, analysts are bullish about HYPE.

The surge to a new ATH has moved HYPE off the lows seen amid negative sentiment earlier in the year.

If bulls break above $40, could another leg up bring the much-desired $100 mark into view?

A rally for HYPE amid price discovery could see bulls target the psychological mark, in this case, catalysts including altcoins breakout and fundamental interest in the DEX and perps platform.

On the downside, key support levels could be around $32 and $26.

The post Hyperliquid price prediction: is $100 next after HYPE hit new ATH? appeared first on CoinJournal.

• XRP price has jumped to $2.36.
• The gains have buyers retesting key levels amid volume and open interest spikes
• Can bulls target a new all-time high above in the coming days?

Ripple’s XRP cryptocurrency is trading higher as the market registers notable gains in the past 24 hours.

The XRP price rose to above $2.36 on Monday, with the uptick coming alongside gains for Bitcoin, Ethereum, and Solana.

BTC hovered near $110k, up 2% in 24 hours.

Likewise, Ripple’s token edged higher, with CoinMarketCap data showing that the fourth-ranked cryptocurrency was up 2.4% in the past 24 hours.

While modest, the price jump has still seen XRP extend gains above the crucial $2 mark.

This latest flip is accompanied by a spike in both daily volume and open interest, suggesting confidence in the token’s outlook.

Why is the XRP price up today?

As highlighted above, XRP price is up amid gains for Bitcoin and the broader crypto market.

While the upward flip for the Ripple token is thus in line with this upturn, action in the past 24 hours and recent days has a lot to do with XRP-related news.

Combining these with broader market dynamics has bulls eyeing a potential breakout to its all-time high above $3.84.

Notably, XRP rose to above $3.02 in January 2025 amid legal victories and the euphoria around President Donald Trump’s election.

XRP price outlook

While XRP boasts about 2.5% gains in the last 24 hours, some altcoins such as Jupiter, Virtuals Protocol, Uniswap, and Artificial Superintelligence Alliance are registering double-digit moves in 24 hours.

The XRP token may not see such performances yet, but with momentum there, it’s likely the surge in trading volume and open interest will catalyse further strengthening.

According to Coinglass, open interest in XRP is up 2.7% to above $4.7 billion.

Daily volume reached over $2 billion, while Coinglass data showed derivatives volume was +17% to $3 billion as bulls take advantage of the upside.

On Monday, veteran trader Peter Brandt ignited debate on which is a better buy today between XRP and SOL.

Let’s say I will buy $100,000 of either $XRP or $SOL this week — no other option but ONLY one of the two please
Which one? State your case
40 words max or I’ll ignore
Remember, XRP or SOL – only choices pic.twitter.com/cNikoRICfd

— Peter Brandt (@PeterLBrandt) May 25, 2025

A move towards $3 for XRP may see buyers target $3 and then $3.8.

On the flipside, primary support will be at $2.

Although XRP hovers below these milestones, additional catalysts such as Ripple and XRP Ledger news have helped bulls.

Institutional adoption for Ripple, which is one of the biggest players in the market, has gained momentum with the launch of XRP Futures and exchange-traded funds – albeit an XRP ETF for the US market is yet to get approval from the Securities and Exchange Commission.

Recently, Ripple CEO Brad Garlinghouse highlighted the company’s growth potential in the  “Crypto In One Minute” podcast.

That and the RippleX news involving traction across tokenization in Dubai has traders bullish.

The post XRP price retests key level as volume jumps to $2b appeared first on CoinJournal.

• pSTAKE Finance price spiked 117% in 24 hours as Bitcoin hit $107k.
• The Bitcoin finance liquid staking token looks poised for a potential pullback.
• If bulls hold onto gains, a breakout above $0.08 could bring major levels into play.

pSTAKE Finance price soared by more than 117% as Bitcoin surged to above $107,000 and on the cusp of a new all-time high.

The liquid staking protocol’s native token skyrocketed by 117% to hit highs of $0.072. It’s a peak last seen in December 2024.

As the altcoin captured the attention of traders, profit-taking deals ate into the upside action.

PSTAKE traded around $0.060, up more than 64% in the past 24 hours.

Why is pSTAKE Finance price up?

pSTAKE Finance’s 117% surge coincided with Bitcoin’s climb to $107k, a rebound that came after bears pulled prices to near $102k amid a volatile start to the week.

This uptick for BTC meant several coins linked to the crypto king rose.

As a leading Bitcoin yield and liquid staking protocol, pSTAKE mirrored Bitcoin’s momentum.

Heightened interest in investment products underpinned by BTC could be the reason the Bitcoin-focused DeFi (BTCfi) platform pSTAKE Finance rallied.

The protocol’s ability to allow users to stake Bitcoin while maintaining liquidity aligns perfectly with the current BTCfi narrative, amplified by Bitcoin’s bullish momentum.

Additionally, pSTAKE’s integration with top blockchain networks has helped drive growth.

Most recently, the protocol has rolled out PSTAKE staking Season 13, which went live on Base on May 20, 2025.

“S13 has 0.0075 $cbBTC rewards with 8.5/12.5M max cap tokens staked,” pSTAKE posted on X.“Stake and participate in protocol community activities to get $cbBTC rewards.”

pSTAKE Finance price prediction

Sentiment is mostly bullish for PSTAKE. However, technical indicators and market dynamics may dictate overall direction.

The Relative Strength Index (RSI) stands at 91, indicating overbought conditions. It means a potential short-term price correction.

Also, the Moving Average Convergence Divergence (MACD) indicator supports this.

But while the MACD line remains above the signal line, bears breaking lower amid selling will be worth attention.

 

Given the overall market outlook, particularly with BTC rising, pSTAKE could test resistance at $0.10 and likely $0.2.

If it breaks this level, the next target will be $0.8 and the all-time peak of $1.25. DeFi adoption amid Bitcoin demand will be a key catalyst.

However, as the overbought RSI levels suggest, profit taking could accelerate a pullback.

Key support levels will be around $0.035 and $0.020.

The post pSTAKE Finance explodes 117% as Bitcoin rebounds to $107k appeared first on CoinJournal.

• Lido DAO (LDO) price fell nearly 10% as altcoins dumped.
• Bitcoin’s bounce sees Lido DAO price recover to a key level.
• Bears are, however, likely to pull LDO lower.

Lido DAO (LDO), a leading liquid staking protocol in the market, saw its native token’s price dip by nearly double digits as volatility hit cryptocurrencies early Monday.

Lido DAO (LDO) has rebounded to a key technical level alongside a broader recovery in risk assets.

However, the outlook remains fragile, with the possibility of a fresh drop if bears regain control, particularly if the price revisits the $0.86 mark.

On-chain data adds to the cautionary tone, as whale activity around LDO has spiked.

A notable large holder recently moved a significant amount of tokens to major crypto exchanges, a move that could signal intent to sell and potentially exert downward pressure on the price.

Lido DAO price slips to key support level

Lido DAO’s price hovered above $1.16 last week. However, with altcoins still unable to master an altseason, the token’s price has ridden downside action to slip more than 16% in the past week.

In the past 24 hours, the LDO token’s value dipped to $0.86. This decline in early trading hours on May 19, 2025, largely aligned with Bitcoin’s dip from above $106k.

A broader market trend that also saw Ethereum shed gains to below $2,300 also shaped Lido DAO’s price action.

“The broader crypto space is seeing similar momentum. Coinbase is set to join the S&P 500 tonight — a landmark moment for institutional credibility, coming on the heels of its acquisition of Deribit. Mainstream adoption is no longer a question of “if. Volatility markets agree. Despite sideways spot action, crypto vols remain firm, and $BTC call skew is holding across tenors — a sign of structurally bullish positioning,” QCP analysts posted.

LDO price analysis

Some of the bearish pressure on Lido DAO price is from whales selling.

Profit taking and other market dynamics have seen large holders dump LDO tokens.

On-chain data and analytics tracker Lookonchain highlighted one such incident on Monday.

Per the data, a large whale dumped 21.3 million LDO tokens (worth about $21.6 million) over the past week.

The selling added to the overall profit taking deals, pushing the Lido DAO price down more than 25% over the week.

Speculation of likely insider selling also contributed to today’s price decline.

Technical indicators provide a bearish outlook. The Relative Strength Index (RSI) indicates LDO is near the oversold territory.

Meanwhile, the Moving Average Convergence Divergence (MACD) suggests weakness with a bearish crossover.

If LDO holds above $0.86, it could target resistance near $1.00. However, downside action could see it slide toward $0.80.

The post Lido DAO price revisits key support level: what next for LDO? appeared first on CoinJournal.