Kategorie: Altcoin News

Altcoin news about alternative blockchains and its crypto ecosystems.

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XRP eyes bounce as regulated futures launch on CME

  • XRP Futures are live on CME, with the launch coming as cryptocurrencies target rebound
  • Ripple CEO Brad Garlinghouse says the launch is a “key institutional milestone for XRP”
  • The XRP price could explode amid the development.

Ripple is notching yet another milestone in the market as regulated futures tracking its cryptocurrency XRP go live on the Chicago Mercantile Exchange.

XRP price may ride the launch to post a notable rebound, a scenario analysts say is likely to mirror the traction that greeted Bitcoin (BTC) and Ethereum (ETH) futures going live on the CME.

Big news as XRP Futures launch on the CME

The CME Group announced on May 19,2025 that the XRP and Micro XRP futures were now live on the exchange. CME’s announcement came as XRP hovered near a key level.

That’s because the broader market was facing downside action following a volatile start to the week for risk-on assets. However, with market participants looking to bounce, XRP holders received the positive news from CME.

Notably, the company has rolled out futures contracts for XRP and Micro XRP, allowing traders to leverage regulated products of the fourth-ranked altcoin.

Ripple CEO Brad Garlinghouse commented on the launch:

“The launch of regulated XRP Futures on CME marks a key institutional milestone for XRP…and very excited to report that Hidden Road cleared the first block trade on CME at the opening!”

XRP price analysis

Currently, XRP is trading at $2.34. Despite a 3.7% dip in the last 24 hours, daily volume is up 71% to over $4 billion. CME’s launch of regulated futures might be a fresh catalyst for XRP price.

Analysts at Crypto Raven noted:

“$BTC pumped and dumped a significant amount right after launching on CME Future market, $XRP is launching today. We could see similar movements where the price could push high and immediately look for corrections. It might not be as steep as $BTC, but could be something significant.”

While XRP has shed about 9% of its value in the past week, the top 10 altcoin by market cap have traded 13% up in the past 30 days. Furthermore, the Ripple token has ridden positive news since July 23 to break higher.  Zooming out, in the past year, the XRP price has jumped by more than 360%.

Institutional interest, amid potential spot exchange-traded fund (ETF) approval, combines with a broader market outlook to give bulls reason to target future gains. The cryptocurrency’s latest milestone, together with key launches in other markets such as Brazil, has XRP nicely poised.

Ripple’s controversies

Even as XRP’s future launch, Ripple’s troubles are far from over. The Securities and Exchange Commission (SEC) is still pursuing penalties against the company.

This is even after the company won a partial legal victory in terms of XRP’s status in the secondary markets.

A US federal judge also had rejected Ripple’s and the SEC’s request to approve a $50 million settlement.

The post XRP eyes bounce as regulated futures launch on CME appeared first on CoinJournal.

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Mantra price forecast improves as Nansen joins as validator

  • MANTRA price is up this past week, with OM trading more than 13% up in this time frame.
  • Nansen has joined MANTRA as a validator.
  • OM token crashed to near zero earlier in the year.

MANTRA (OM) remains largely bearish despite a recent spike that sees the token trade above $0.43.

While optimism has reentered the MANTRA Chain ecosystem following the devastating crash earlier this year, price remains well below $1 and off its all-time highs.

As of writing, OM token traded at $0.43, slightly off the intraday highs of $0.46.

MANTRA Chain adds Nansen as validator

On May 14, MANTRA announced that Nansen, a leading blockchain analytics platform, has become one of its validators.

The strategic collaboration between MANTRA and Nansen allows the blockchain analytics firm to expand its presence in the crypto space with a new mission – help contribute to the Mantra ecosystem’s decentralization and security.

“We’re proud to support MANTRA as a validator and bring our analytics capabilities to a Layer-1 chain focused on real-world compliance. As institutional demand for blockchain infrastructure grows, platforms like MANTRA will play a pivotal role in bridging the gap between Web2 and Web3. We look forward to contributing to this evolution,” said Alex Svanevik, chief executive officer of Nansen.

The entry of Nansen as a validator aligns with recent developments and plans of the MANTRA team.

In April, MANTRA founder and CEO John Patrick Mullin provided an update that noted network resilience and growth despite OM price plummeting. Mullin added that the layer 1 blockchain network was looking to make governance improvements, mainly focused on decentralization.

“We’re accelerating our validator diversification efforts by winding down internal validators while adding more support partners. By the end of Q2 2025, we’ll have reduced internal validators by half and onboarded 50 total external partner validators,” he wrote.

He also confirmed a150 million OM token burn.

Mullin added in the latest announcement,

As we work to wind down MANTRA Chain Association validators and further decentralize the network, we are thrilled to have Nansen join MANTRA as an external one. It’s a welcome addition and change that reflects the significant governance improvements we are currently making on MANTRA Chain and our improved focus upon decentralization and transparency.

OM price outlook

MANTRA will leverage Nansen’s integration to unlock on-chain insights, with ecosystem participants benefiting from various key metrics.

MANTRA’s price was up about 5% in the past 24 hours and more than 13% up in the past month.

While an update in April, including a sizable burn, sent some assurance to OM holders, the price has not broken higher as anticipated.

But is MANTRA Chain’s token about to rally higher as the platform welcomes a new validator?

The post Mantra price forecast improves as Nansen joins as validator appeared first on CoinJournal.

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VeChain price prediction: Is VET poised for a 300% surge?

  • VeChain’s price rose as Bitcoin broke past $105k.
  • As the crypto market rallies in response to tariffs-related news, VET is poised.
  • Technical indicators suggest VET price could pump to $0.090 or higher.

The cryptocurrency market pumped on Monday, with Bitcoin breaking to highs above $105k as risk assets gained on news of a US-China trade deal.

Amidst this optimism, VeChain (VET) price gained by about 7% as the altcoin reached highs of $0.034 for the first time since mid-February.

VET mirrored the pumping that had most altcoins in green, and the Dow Jones Industrial Average was up more than 1,000 points on open.

VeChain price surges amid upward market trend

As the broader market’s upbeat mood helped top coins higher, VeChain demonstrated its resilience as VET extended gains to a multi-month peak.

Bulls defying recent downward pressure could indeed see the cryptocurrency explode.

According to CoinMarketCap, VET is currently trading at $0.033, with the price up 32% in the past week and 44% in the past month.

The gains mirror robust underlying upside momentum for BTC and alts.

VeChain indeed suggests an extended gain, given bulls have broken out of a key technical pattern on the weekly time frame.

The technical outlook for VeChain and broader market expectations suggest buyers may be just getting started.

Earlier, analysts at Santiment said the US-China deal could be huge for the markets. VeChain will ride any upward momentum.

“If this deal indeed does immediately reduce the impacts on exporters & importers for both countries, we should see an instant bullish impact on all markets,” the analysts stated.

VET price: Is a 300% pump next?

The price of VET on the weekly chart suggests bulls have broken out of the falling wedge pattern formed since the dip from $0.069.

A closer look at the weekly chart reveals a potentially bullish continuation.

Other than the falling wedge breakout, VET price shows the Relative Strength Index (RSI) is pointing up as it hovers near 53.

This indicates the coin is neither overbought nor oversold.

Room for bulls to attack resistance levels is there.

VeChain chart by TradingView

Meanwhile, the Moving Average Convergence Divergence (MACD) is also signalling a potential bullish crossover.

Currently, the MACD line is just about to cross above the signal line.

If this happens, the VeChain price could extend its upward momentum.

Previously, VET surged from lows of $0.020 to reach highs of $0.08.

The vertical performance also came after a falling wedge pattern breakout in October 2024.

If VeChain repeats this, gaining by over 300%, bulls could hit $0.094 or higher.

A break to the psychological $1 is possible in this scenario.

On the flipside, $0.024 and $0.020 will be key support zones.

The post VeChain price prediction: Is VET poised for a 300% surge? appeared first on CoinJournal.

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Injective price jumps as bulls extend gains amid Bitcoin spike

  • Injective price is extending gains above the $10 mark.
  • Bitcoin’s rally above $105k and real-world assets tokenization catalysts could drive the INJ price higher.
  • INJ technical outlook is largely bullish.

Injective (INJ) is among the top-performing altcoins on Monday as bullish sentiment sweeps through the cryptocurrency market.

The token is trading above $13.60, lifted by renewed investor confidence following Bitcoin’s surge past $105,000.

With macroeconomic optimism and progress on regulatory fronts driving broader market momentum, analysts suggest Bitcoin could challenge new all-time highs in the near term.

This backdrop is fuelling capital rotation into altcoins, with projects like Injective benefiting from increased speculative interest.

A layer-1 blockchain focused on decentralised finance and real-world asset tokenization, Injective has continued to attract attention as narratives around scalability and use-case-driven growth gain ground.

Injective price extends gains above $10

Injective (INJ) price is up 7% in the past 24 hours, gaining as top alts such as Ethereum, BNB, and Solana break to key levels.

The price of INJ has surged after recently breaking past the $10 mark.

Currently, it changes hands for around $13.62. However, it hovered at highs of $14.29 on May 12, 2025, to hit its highest level since late February.

Amid the price gains, Injective’s market cap rose to $1.37 billion, although the 24-hour trading volume remained modest at $172 million.

Having surged 46% in seven days and 67% in the last 30 days, the overall market interest might see bulls take control.

Bitcoin rally and RWA tokenization drive INJ price

While Bitcoin’s rally is fueling further optimism across the market, catalysts for INJ price also include strong institutional demand across its RWA ecosystem.

Tokenization is a key tailwind for Injective, with a recent Four Pillars report highlighting how this sector is shaping up INJ for traction.

Recent bull cycles have had DeFi, play-to-earn games, memecoins, and AI tokens explode.

Now, analysts say while these areas see growth, the RWA market’s growth has blockchains like Injective in the spotlight.

Injective’s network, optimized for the tokenization of traditional assets like stocks, stablecoins, and commodities, stands as a likely beneficiary.

Investors eyeing an on-chain opportunity are increasingly seeing it as the go-to platform.

RWA adoption may further boost INJ’s price momentum.

Injective price technical outlook

From a technical perspective, INJ’s daily chart paints a bullish picture.

INJ chart by TradingView

The daily Relative Strength Index (RSI) currently hovers in overbought territory.

However, it’s not overly extended to suggest more room for bulls.

If it sees a pullback, INJ will likely bounce off support around $11.05 and $10.22.

This scenario may align with the Moving Average Convergence Divergence (MACD), which shows a bullish crossover.

The histogram indicates an upward momentum. If this happens, bulls will target $16 and then $20.

The post Injective price jumps as bulls extend gains amid Bitcoin spike appeared first on CoinJournal.

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SUI price breakout? Technical pattern signals move toward $4.25

  • SUI price gains as token continues upside with monthly gains of over 85%
  • The altcoin is rising as the overall crypto market bounces amid gains for Bitcoin.
  • Crypto analyst Captain Faibik shared a SUI price prediction suggesting a surge to $4.25.

Sui price is up 12% in the past week, with the altcoin rising as Bitcoin spikes to near $100k.

With equities also on the up after US President Donald Trump announced a trade deal with the United Kingdom, BTC looks poised for further gains.

A leg up for the altcoin market amid this scenario could tie into Sui’s latest pump.

One crypto analyst forecasts Sui price could rally to above $4 with a key technical pattern breakout.

Gains see Sui ecosystem tokens rise

The Sui ecosystem tokens have seen their total market capitalization jump by more than 6% in the past 24 hours to above $29 billion.

While most of this is in the SUI network’s native token at $12 billion, a lot of the top ecosystem tokens are registering notable gains.

Bonk (BONK), Walrus (WAL), and DeepBook Protocol (DEEP) prices have increased 10%, 9%, and 12%, respectively, in the last 24 hours.

The three tokens’ market cap values stood at over $1.4 billion, $800 million, and $596 million, respectively.

Is Sui price set for a rally above $4?

The gains for Sui and the ecosystem tokens mirror broader market performance this week, with bulls looking to take control amid macroeconomic and regulatory catalysts.

In this respect, crypto analyst Captain Faibik has shared a bullish price prediction for SUI.

According to the analyst, who shared the outlook via X, the layer blockchain network’s native token could spike to $4.25.

He based his forecast on the technical chart for Sui, which shows a breakout from a channel pattern.

The analyst’s 4-hour chart shows the SUI/USD pair breaking above the upper trendline.

Currently, SUI price hovers near at $3.79, up nearly 12%, and with a 24-hour volume of $2.18 billion.

The altcoin changed hands at $3.24 during the Asian session on Thursday, and a surge to above $4 will see buyers flip focus to the all-time high of $5.35 reached on January 6, 2025.

From the current level, this will be a 29% increase.

Notably, SUI is up more than 85% in the past month, having jumped from lows of $2.03 on April 16, 2025.

While the broader risk asset market may yet hit macroeconomic headwinds, the current outlook suggests bulls may have an upper hand.

Sui’s traction as the blockchain network for digital asset ownership helps this outlook.

Headwinds will, however, stall upside momentum, likely exacerbated by profit-taking deals.

The post SUI price breakout? Technical pattern signals move toward $4.25 appeared first on CoinJournal.