Memecoin news: Pump.fun flips Hyperliquid in revenue, DOGE ETF expected this week

  • fun’s $3.12M daily revenue eclipses $2.78M of Hyperliquid DEX.
  • Bloomberg’s analysts thinks a DOGE ETF could go live on Thursday.
  • Markets flash optimism as traders eye another potential meme coin season.

The crypto market held strong on Tuesday as Bitcoin rallied ahead of the much-awaited interest rate decision, poised to determine the industry’s direction in the upcoming times.

Analysts forecast significant breakouts after a potential 25bp reduction.

Solana-based Launchpad, Pump.fun, has performed well in the past few sessions, now outperforming Hyperliquid in daily trading volume.

Meanwhile, the original meme crypto, Dogecoin, stole the show as the community anticipates the first-ever DOGE ETF to launch in the US on Thursday.

Pump.fun outshines Hyperliquid

The meme token generation platform has seen remarkable recoveries as strategic buybacks start to pay off.

Data compiled by CryptoRank shows Pump.fun has outperformed Hyperliquid in daily revenue.

The decentralized exchange recorded $2.78 million in 24-hour profits on September 15, lower than PUMP’s $3.12 million.

The milestone makes Pump.fun a top-earning DeFi network, only behind Tether and Circle.

Notably, fees accrued from new coin launches, trader activity, and liquidity provision contribute to Pump.fun’s growth.

Furthermore, such developments reflect increased interest in meme tokens.

These indicators signal a potential bull run as participants seek high-risk, high-reward investment opportunities.

Pump.fun’s native token exhibited a bullish stance as the protocol gained traction.

PUMP has soared more than 75% in the past seven days to $0.008160.

Dogecoin ETF launch looms

At the same time, excitement fills the meme crypto ecosystem as enthusiasts brace for the first US DOGE exchange-traded fund.

Bloomberg’s analyst Eric Balchunas expects Dogecoin and XRP ETFs to drop this week, stating:

As of now, the Doge ETF (DOJE) is slated for Thursday launch.

The debates grabbed attention, especially as the SEC maintains a cautious approach in approving altcoin ETFs.

The regulator has delayed its decision on multiple exchange-traded funds lately.

However, Balchunas sees no issue with that.

Responding to an X user who asked why the watchdog rejected Bitwise’s Dogecoin spot ETF, he said:

All the 33 Act DOGE ETFs are sitting with the SEC, likely to see approval in next two months.

If authorized, REX-Osprey DOGE ETF (DOJE) would become the first US exchange-traded fund giving cryptocurrency investors exposure to a meme token.

Such a move would elevate Dogecoin’s appeal in the financial world, which is crucial as markets move from hype-driven assets to projects with real-world utility.

DOGE trades in the green as the community awaits this week’s key moment.

It has gained more than 10% in the past week to $0.2652.

Overcoming the resistance at $0.30 could trigger substantial rallies for the altcoin.

CleanCore Solutions demonstrates its confidence in Dogecoin, making three massive purchases this week.

The latest transaction saw the company accumulating 100 million DOGE, worth around $26.6 million.

CleanCore now holds over 600 million Dogecoin tokens, targeting 1 billion by October.

The market capitalization of all meme tokens is $86.14 billion, with a trading volume of $9.34 billion (Coingecko data).

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STRK price soars 7% as Starknet officially starts Bitcoin staking integration

  • The upgrade allows Bitcoiners to participate in Starknet’s consensus.
  • The L2 has reduced the unstaking period to 7 days to enhance flexibility for stakers.
  • STRK has gained more than 2% following the announcement.

Cryptocurrencies traded cautiously on Monday while bracing for this week’s interest rates decision, poised to shape the markets’ trajectory in the upcoming sessions.

Bitcoin hovers near $116,000 as Ethereum’s stability above $4,600 fuels altcoin season debates.

Meanwhile, L2 platform Starknet has finally launched Bitcoin staking.

The team has briefly paused the staking platform to finalise implementation before its official release in the coming hours.

The announcement read:

The BTC staking integration has started! The staking protocol is now paused for a few hours while we implement this massive update.

With this move, the Ethereum-based Layer2 enables Bitcoin holders to participate in Starknet’s consensus for the first time.

The L2 focuses on ZK rollups and scalability, and integrating BTC staking reflects its dedication to decentralisation and chain-to-chain partnerships.

Native STRK turned bullish after the announcement.

The digital token rallied from $0.1299 low to $0.139 intraday peak.

That translated to an over 7% increase, demonstrating renewed interest in Starket’s ecosystem.

Starknet integrates BTC staking

The announcement highlighted that BTC will account for 25% of Starkent’s consensus power, whereas STRK dominated at 75%.

That guarantees balances while attracting more stakers.

Meanwhile, the staking protocol will support several BTC wrappers, including WBTC, tBTC, SolvBTC, and LBTC.

The community would vote for more options in the future through governance proposals.

That means the staking model can transform as Starknet’s BTC staking network grows.

The team has temporarily halted its staking protocol to onboard the upgrade.

Unstaking period reduced to 7 days

The upgrade comes with multiple good news.

One of the most striking adjustments is the substantial reduction of unstaking from 21 days to seven days for STRK and BTC stakers.

The improved exit time remains paramount for participants who value responsiveness in a fast-paced crypto market.

Users can react to price fluctuations quickly with a reduced lock period.

That will likely lead to new money-making opportunities, consequently boosting Starknet’s liquidity.

Flexible unstaking solves one of the main challenges for stakers.

Thus, Starkent can expect enriched TVL in the coming times.

What it means for Starknet and DeFi

The BTC staking launch could make Starkent a more attractive platform for cross-chain decentralised finance (DeFi) undertakings.

Notably, the L2 moves to tap into Bitcoin’s staggering liquidity base with plans to channel it into dApps built within the STRK ecosystem.

DeFi developers can leverage the BTC liquidity to build innovative lending platforms, yield strategies, and derivatives markets.

While most comments were positive, one X user criticised Starknet’s upgrade.

He believes that the BTC staking launch renders STRK worthless for holders.

“So STRK ends up as inflation fuel; printed to pay devs and now to reward wrapped BTC stakers? Where’s the actual value left for STRK holders?

Nevertheless, Starknet promises to democratise the DeFi landscape by tapping Bitcoin’s robust liquidity.

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Ondo surges as RWA growth fuels price rally

  • Ondo (ONDO) price hovered above $1.00 as bulls looked to break from a downtrend.
  • The real-world asset tokenization platform’s traction and milestones in total value locked have aligned with gains.
  • Ondo Finance is one of the leading RWA platforms in the market.

With ONDO trading to an intraday high above $1.13 with a 5.8% gain over the past 24 hours, buying pressure may see bulls target a breakout above $1.2 and aim for $2.00.

This outlook and surge coincides with Ondo Finance’s TVL soaring to over $1.5 billion as the RWA market rallies..

Ondo TVL hits $1.5 billion amid RWA traction

The Ondo token jumped to $1.13 on Friday, with gains taking it to its highest level in over a month.

Ondo bulls have rallied 16% in the past week, cutting monthly losses and allowing for a potential technical breakout after breaking its downtrend.

Per DeFiLlama, this has come as Ondo Finance’s TVL rose, and it crossed the $1.5 billion mark to reach highs of $1.57 billion.

The protocol’s accelerating role in the RWA sector has helped this outlook, with Ondo’s tokenized products key to the growth.

Surging demand for Ondo’s flagship products, such as OUSG, a tokenized short-term US Treasury fund, and USDY, a yield-bearing stablecoin, are the main drivers.

Upside for RWA tokens has elevated the market cap for these assets to over $75 billion, while adoption of tokenized assets has pushed RWA onchain value to more than $29 billion.

According to RWA.xyz, Ondo’s OUSG and USDY account for about $1.4 billion, with $729 million and $657 million in the two assets respectively.

Ondo’s TVL achievement and RWA traction aligns with a surge in demand for tokenized asset investment opportunities across Wall Street.

Ondo price targets $2 amid potential technical breakout

The TVL surge has ignited bullish sentiment for ONDO, with analysts eyeing a price target of $2 in the short term.

Having aggressively bounced from recent lows, the breakout to above $1 gives buyers the upper hand.

In this case, further gains will allow them to target Ondo’s all-time high of $2.14 set in December 2024.

Ondo price chart by TradingView

However, bulls may first have to navigate initial robust resistance around $1.14.

If this works, a potential rally to above $2  and the target of $2.4 could follow.

Bulls will be helped by the broader market conditions, regulatory shifts and institutional endorsements.

The collaboration with World Liberty Financial and integrations with BlackRock’s BUIDL Fund speak to this possibility.

The ascent to $1.5 billion in TVL aligns with Ondo DeFi’s maturation, including in bridging yield-generating assets with blockchain efficiency. Global potential of RWAs is another likely catalyst for Ondo.

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Ethena (ENA) eyes 50% rally as whale activity, transactions and users surge

  • Soaring transactions and active addresses signal growing demand.
  • Accumulation by Whales hints at massive price moves on the horizon.
  • ENA eyes significant rallies to the resistance at $1.20.

Cryptocurrencies trade in the green on Friday, fueled by optimism of rate cuts after the latest inflation statistics.

The market cap has reclaimed the $4 trillion mark as large-cap altcoins like Solana steal the show with steady gains.

Meanwhile, this article evaluates the Ethena ecosystem, which has remained on the community’s radar lately due to its thriving USDe synthetic stablecoin.

While Ethena’s native token lags amid broader rallies, fundamentals and technical indicators suggest a massive rally on the horizon.

ENA trades at $0.7722 after a 0.67% dip in the past day, but rising active addresses, whale activity, and transaction volume position the token for impressive rebounds.

Bulls will target the crucial resistance at $1.20, which would mean an approximately 54% surge from ENA’s market price.

Let’s analyze supporting factors.

On-chain data paints a bullish picture for ENA

Crypto analyst and trader Ali Martinez has highlighted Ethena’s flourishing ecosystem, with active addresses, transaction volume, and whale activity on uptrends.

The chart reflects significant network engagement over the past month.

Such developments reflect increased activity from users moving digital assets, transacting, and interacting with decentralized applications (dApps).

That confirms a healthy and growing ecosystem.

Most importantly, whales have also re-entered.

Ethena has seen wallet growth and significant inflows, indicating institutional repositioning ahead of potential ENA rallies.

Ethena’s stablecoin initiative has contributed to the enhanced interest from institutions.

For instance, Mega Matrix filed $2 billion shelf registration for a USDe strategy last week.

The synthetic stablecoin has gained traction due to its yield-bearing model, which distinguishes it from the established USDT and USDC.

USDe ranks 3rd in stablecoin rankings, behind USTD and Circle’s USDC, with its $13.2 billion market cap confirming impressive growth since its February 2024 launch.

ENA price outlook

Ethena’s native token trades at $0.7720 after slight declines over the past day.

Analysts attribute the downside, which coincides with broader rallies, to the project exiting the Hyperliquid stablecoin USDH race.

While the faded trading volumes signal weakness, Ethena exhibits a healthy ecosystem that can support significant rebounds and rallies.

A bullish resurgence would see ENA targeting the foothold at $0.90. That could support stability above the psychological mark at $1.

Ethena will extend toward the key resistance between $1.20 and $1.30 amid continued gains.

That would mean an over 50% uptick from ENA’s current market price.

However, the Fed decision next week will set the market tone and influence Ethena’s short-term performance.

Crypto trader and investor Smith predicts a massive rally for ENA, citing the weekly chart.

He believes a decisive breakout amid an altseason would take the token’s price to $7.

Also, BitMEX co-founder Arthur Hayes has remained confident in Ethena, testifying to that with consistent purchases and bold predictions.

Hayes anticipates a 51x growth for ENA by 2028.

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POL price outlook as Polygon implements key bug fix

  • Polygon’s token rose slightly amid a key network bug fix.
  • The POL price chart showed bears remain in control but upside momentum is likely.
  • Cryptocurrencies’ price currently mirrors the broader risk asset market.

Polygon’s token POL is up 1.6% as bulls try to break higher following a recent drop amid the proof-of-stake network’s node software bug that introduced a 10-15 minute delay in transaction finality.

But with the platform implementing an important fix, could the retest of the $0.275 area allow bulls to once again dominate?

The POL token’s jump to above $0.27 means the Polygon price is hovering near a key level above which buyers have previously rallied to $0.71.

Polygon rolls out key bug fix

On September 10, 2025, Polygon’s network announced its team had successfully implemented a fix to a bug that saw a node software malfunction cause a transaction finality delay.

While this briefly disrupted the decentralized applications (dApps) and remote procedure call (RPC) services, developers swiftly deployed a hard fork and software updates that have resolved the issue.

Specifically, the disruption stemmed from a bug in the Bor and Erigon node configurations, which impeded validator synchronization and milestone processing.

“We identified the cause of the finality issue and have rolled out v2.2.11-beta2 for Bor and v0.3.1 for Heimdall, the latter a hardfork to be implemented at 3PM UTC,” Polygon wrote.

Node restarts resolved issues for most validators and RPC providers, with the network achieving full consensus restoration shortly thereafter.

An update later provided more details:

“The hard fork has been successfully completed, and milestones are now processing normally along with state sync. Checkpoints are going through and consensus finalization has been fully restored on Polygon PoS.”

Polygon co-founder Sandeep Nailwal commented on the incident, emphasizing that this setback is part of the “growing pains” for the network.

The price of POL reacted negatively to the initial announcement, but looks set for a steady rebound alongside other top coins. On the bug fix and upgrade issues, Nailwal noted:

“The team is still monitoring the network closely and is investigating how this scenario occurred in the first place. I’m extremely grateful to our team of engineers for quickly identifying and resolving this issue, and for the patience and understanding of our community.”

POL price outlook

Sentiment across crypto presents a bullish outlook for tokens, but as seen in recent weeks, POL’s structure remains largely bearish.

After a breakout to the upper limit of an ascending channel on the daily chart, the token has dipped to leave buyers battling pressure below the $0.30 area.

POL price chart by TradingView

Technical indicators such as the RSI at 55 suggests room for bulls to grow. However, the MACD presents a mixed signal with a hint of a bearish crossover.

If upside momentum holds, POL price could target $0.54. Conversely, a dip below the $0.25 level could escalate the downturn to $0.20 and lower.

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