Kategorie: Crypto Markets

• Solana posts 17% weekly gain, eyeing $300 as institutional demand grows.
• Galaxy Digital buys $326M SOL for Multicoin, with $1B more cash to deploy.
• $250 remains Solana’s key pivot; a breakout could retest $295 ATH soon.

Solana (SOL) is closing one of its strongest weeks of 2025, recording a 17% gain over the past seven days.

Among the top 20 crypto assets, only Dogecoin and Hyperliquid have outperformed it.

The rally positions SOL for its highest weekly candle close since January, fueling speculation of a potential move toward the $300 level.

Currently trading about 15% below its all-time high of $295, Solana has drawn attention for its technical resilience and rising institutional support.

Futures and spot data show healthy market structure

According to CoinGlass, Solana futures open interest (OI) hit a record $16.6 billion on Friday.

Despite this surge, perpetual funding rates have remained stable, indicating that positions are not excessively leveraged.

This balance suggests the market still has room for further upside if momentum continues.

Market structure data adds to the bullish case.

Net taker volume has leaned buy-heavy, signaling more aggressive buyers entering positions.

At the same time, aggregated futures cumulative volume delta (CVD) has stayed flat, suggesting long and short positions are well-balanced despite record OI levels.

Importantly, spot CVD is climbing higher, pointing to a rally driven by spot markets rather than futures—a dynamic often viewed as healthier for sustained growth.

From a momentum standpoint, relative strength index (RSI) data is also notable.

In previous rallies near $295, Solana’s RSI entered overbought territory, raising the risk of sharp pullbacks.

This time, RSI has not reached those extremes, leaving room for the rally to extend further before encountering significant technical resistance.

Institutional interest and key technical levels

Institutional activity has been another major driver of Solana’s recent strength.

Arkham Intelligence reported that Galaxy Digital has begun executing a large-scale SOL purchase program for Multicoin Capital’s Solana Designated Allocation Trust (DAT).

On September 12, Galaxy acquired $326 million worth of SOL on behalf of the trust.

The vehicle still holds $354 million in stablecoins and up to $1 billion in cash, which could be deployed for additional purchases.

This development follows Forward Industries’ announcement of a $1.65 billion SOL-native treasury, supported by Galaxy Digital, Jump Crypto, and Multicoin Capital.

As the first Nasdaq-listed company to raise institutional capital for direct deployment on Solana, Forward’s move underscores the growing trend of corporate adoption.

From a technical perspective, $250 remains a crucial pivot point for SOL.

The level has served as a multi-year resistance zone, capping rallies in 2021, November 2024, and January 2025.

In each instance, Solana traded between $275 and $295 before retreating to close near $250, highlighting the significance of this level for profit-taking.

Analysts note that if SOL can close the week strongly above $250 and follow with consecutive closes above that threshold, sentiment could shift toward retesting the $295 all-time high and potentially entering price discovery beyond $300 in the fourth quarter.

The presence of the Solana Strategic Reserve, often compared to Ethereum’s institutional support, may also provide a buffer against sharp reversals.

By offering institutional-grade liquidity, the reserve could change the way the market reacts to traditional resistance levels.

The post Solana gains momentum with institutional backing appeared first on CoinJournal.

• Sui price is poised above $3.60 as bulls target key level.
• The SUI all-time high price is around $5.35 and achievable as Sui total value locked hits $2 billion.
• Bulls eye $4.12 resistance, while bears target $3.20 if momentum weakens.

Sui price has a modest increase over the last 24 hours, but has reached highs of $3.70 as the broader crypto market signals an upward rally.

Coins such as Ethena, Pendle and Ondo have gained significantly amid Bitcoin’s retest of $115k and Solana’s breakout to $240.

As the 24-hour trading volume holds around $949 million, the SUI price looks poised for an uptick towards its all-time high above $5.35.

Decentralized finance and web3 adoption growth see Sui’s position as a frontrunner, potentialy setting the stage for the native token’s surge.

Sui price surge- what’s fueling bulls’ momentum?

Sui overcame a network setback in early 2025 when an ecosystem project got hacked.

The token has since bounced off lows of $1.91 to retest highs of $4.32.

The Move programming language project has gained attention due to its scalability and interoperability, putting it among the top coins attracting buyer attention.

While Ethereum and Solana dominate altcoin sentiment, the technical outlook for SUI is setting up bulls for a retest of its ATH.

Developer activity, daily active wallets and DeFi TVL surge all point to Sui’s strength.

There are also ecosystem expansions, including the integration of zkLogin for seamless user onboarding.

As well, Sui has boasted initiatives like the Strategies yield aggregator that amassed millions of dollars in deposits within weeks.

Sui’s focus on gaming, NFTs, and DePIN projects has diversified revenue streams, with a stablecoin market cap jumping above $793 million.

Network revenue has increased too, while platforms such as Suilend, NAVI and Bluefin are helping to push the total value locked in Sui protocols across DeFi to over $2 billion.

The crypto market’s attraction for Wall Street amid a scramble for digital asset treasuries is another catalyst for the Sui price.

SEC’s impending approval of new crypto exchange-traded funds, including filings for Sui, has also buoyed bulls.

What’s the price outlook for SUI?

With multiple signals converging to suggest a breakout above key resistance levels in the near term, trading above $3 is crucial for SUI.

It may be the step buyers need to maintain a bullish long-term trend.

Relative Strength Index hovers at 55, and reflects a neutral momentum that gives room for further growth before bulls hit the overbought territory.

The Moving Average Convergence Divergence also supports an upward run with a bullish crossover.

A look at the chart suggests $3.70 is a key level, and breaking the immediate $4.12 resistance could trigger a measured move to $5.

The all-time high is within range above this level.

Conversely, a bearish flip will bring Sui price to support around $3.20. Bears may also target buyers’ safety net around $2.61, should any pullback activity strengthen.

The post Sui price rises as broader crypto market bounces appeared first on CoinJournal.

• Dogecoin price has held above a key support with bullish breakout patterns in play.
• DOJE ETF launch delayed to mid-next week, but market optimism remains high.
• Analysts see the ETF inflows fueling a rally that could push DOGE toward $3.

Dogecoin (DOGE) has found itself at the centre of market attention once again, this time not because of a social media frenzy but due to institutional interest.

The long-anticipated launch of the first US-listed Dogecoin exchange-traded fund (ETF) has been delayed to next week, but excitement surrounding the event has already fueled bullish momentum in the meme coin’s price.

Traders and analysts are closely watching the charts, and many believe the current setup could propel DOGE toward a multi-dollar future.

Rex-Osprey DOJE ETF delay fails to cool the hype

The Rex-Osprey DOJE ETF, which will invest most of its assets directly in Dogecoin, represents a milestone for both the memecoin community and the broader crypto industry.

For the first time, a US ETF is being tied to a digital asset that has openly embraced its lack of traditional utility.

According to earlier sources, the Dogecoin ETF was to be launched on Thursday, but Bloomberg’s Eric Balchunas has said that the fund will officially begin trading next week, instead of today, as he had alluded to in his earlier postponement projection.

Update Part 3: Another delay. Launching next week. Mid week. Prob Thur. https://t.co/Lzk2pCVo0E

— Eric Balchunas (@EricBalchunas) September 11, 2025

Despite the setback, investors appear unfazed. Dogecoin’s price has steadily climbed in recent days, overcoming the turbulence caused by US inflation data and holding firm above key support levels.

Open interest in Dogecoin futures, according to Coinglass, has also surged to more than $4.67 billion, up from $3.3 billion earlier in the week.

This shows retail traders and institutions alike are positioning themselves ahead of the ETF debut.

Dogecoin price breakout signals a strong bullish trend

From a technical perspective, Dogecoin is flashing strong bullish signals.

As highlighted by CryptoJoe on CoinMarketcap, the Dogecoin price has broken above a descending trend line, a move analysts interpret as part of an impulsive wave-three rally.

This wave structure suggests further upside is likely, with no immediate signs of a top.

Support for the next corrective wave is expected between $0.2425 and $0.2295, giving the market room for healthy pullbacks before resuming its climb.

Key moving averages continue to support the bullish case, with DOGE currently trading well above its 50-day exponential moving average, as well as its 100-day and 200-day averages.

Momentum indicators such as the MACD also remain positive, and the Relative Strength Index (RSI) has held near 65, showing strong buying pressure without entering extreme overbought conditions.

Path toward higher targets

Chart patterns also align with the optimistic outlook.

As highlighted by Mycatdorito on TradingView, there is a symmetrical triangle breakout that points toward a $0.29 short-term target, while an Adam and Eve double-bottom pattern on the 12-hour chart suggests potential for a move closer to $0.30.

Fibonacci extensions indicate resistance levels could stretch as high as $0.37 if momentum accelerates.

Yet the ETF launch adds a new layer of significance.

The DOJE ETF is expected to attract institutional inflows similar to those seen with Bitcoin and Ethereum products, even if at a smaller scale.

Market strategists argue that mainstream financial exposure could create a demand shock for Dogecoin, helping it sustain long-term rallies.

Could $3 be on the horizon?

The question for many investors is not whether Dogecoin (DOGE) can reach its immediate targets, but whether it can eventually break into new territory.

With the coin up more than 150% over the past year, a sustained push beyond the current resistance zone could pave the way for a broader rally.

If ETF-driven inflows materialise and market confidence holds, analysts suggest Dogecoin could embark on a multi-stage climb with $3 as a realistic medium-term goal.

For now, the $0.25 resistance level remains the immediate barrier to watch. A decisive break above it could validate the bullish structure and clear the path to higher levels.

Traders should also monitor $0.22 and $0.20 as critical support zones in case of a pullback.

The post Dogecoin price forecast after the DOJE ETF launch delay: analysis points to $3 appeared first on CoinJournal.

• Spot Bitcoin exchange-traded funds (ETFs) in the United States recorded net inflows of $552.78 million on Thursday.
• Bitcoin traded above $115,000 on Friday, gaining nearly 4% so far this week.
• Market participants are also watching the upcoming Federal Open Market Committee meeting on September 16-17.

Spot Bitcoin exchange-traded funds (ETFs) in the United States recorded net inflows of $552.78 million on Thursday, according to Farside Investors, extending a four-day streak of positive flows as institutional demand returned.

BlackRock’s iShares Bitcoin Trust (IBIT) attracted $366.2 million in inflows, while Fidelity’s Wise Origin Bitcoin Fund (FBTC) drew $134.7 million.

Bitwise’s BITB added $40.43 million, while funds managed by VanEck, Invesco and Franklin Templeton also posted inflows.

The streak has brought cumulative inflows of $1.7 billion over four consecutive trading days.

This comes after the funds saw $751 million in outflows in August, their third-worst month since launching in January 2024.

August also saw strong activity in Ethereum-focused products, with spot ether ETFs posting $3.87 billion of inflows, their second-best month since debut.

The trend fueled a “capital rotation” narrative, contributing to Bitcoin’s decline to around $107,500 by the end of the month.

Ether ETFs began September with several days of outflows but returned to positive territory on Tuesday. On Thursday, the ETFs recorded $113.12 million in inflows.

Bitcoin and Ether prices rebound

Bitcoin traded above $115,000 on Friday, gaining nearly 4% so far this week after closing above key resistance levels.

Ethereum and Ripple also rebounded, rising about 5% and 6% respectively.

Bitcoin began the week facing resistance at its 50-day Exponential Moving Average (EMA) of $113,129, but rallied more than 2% on Wednesday to close above that threshold and extended gains through Thursday.

At the time of writing, BTC was approaching daily resistance at $116,000. A close above that level could pave the way for further gains toward the psychological threshold of $120,000.

Ethereum has been consolidating between $4,232 and $4,488 since August 29.

On Friday, it was nearing the upper boundary of that range at $4,488. A break above could set the stage for a rally toward its all-time high of $4,956.

Market participants are also watching the upcoming Federal Open Market Committee meeting on September 16-17.

According to CME Group’s FedWatch Tool, futures pricing implies a 92.5% probability of a 25 basis point rate cut and a 7.5% chance of a 50 basis point reduction.

The post US spot Bitcoin ETFs record $552.8M inflows as prices rebound appeared first on CoinJournal.