Kategorie: Crypto Markets

• Flare price rose to above $0.028 before paring gains.
• The crypto project’s DeFi ecosystem, enhanced by FXRP, has driven a significant rise in active users, boosting network activity.
• As Flare’s oracle services gain traction, could this boost the bulls’ price target above $0.030 and allow for further upside momentum?

Flare (FLR), the native token of the Flare Network, has surged over 10% in the past week to test $0.028, largely outpacing the broader cryptocurrency market amid widespread declines.

While it traded near $0.025 at the time of writing, FLR has broken through critical resistance levels after bouncing off lows of $0.023.

With bullish momentum driving the price, Flare could target $0.038 or higher.

Fueled by strong technical indicators and growing adoption of Flare’s decentralised finance ecosystem, this rally has attracted significant attention from both retail and institutional investors.

FXRP token and XRP DeFi integration

Flare’s recent surge is due to its integration with XRP through the FXRP token, enabling XRP to become DeFi-ready.

The Flare Network’s FAssets mainnet facilitates the conversion of XRP into FXRP, unlocking deeper liquidity and new use cases such as lending and borrowing.

The platform’s total value locked has soared to $217 million in an integration that has positioned Flare as a leader in bridging XRP’s non-smart contract capabilities with decentralised finance.

“For over a decade, XRP has powered fast and efficient settlement at scale. FXRP on Flare extends that strength with composability, opening new growth opportunities: XRP as collateral, liquidity, and yield in DeFi,” the Flare team posted on X.

Additionally, the token`s institutional backing and partnerships focused on interoperability have further solidified investor confidence, driving FLR’s price momentum.

Flare price: $0.038 target and technical outlook

Flare is trading around $0.0256 at the time of writing.

The token moved within a daily range of $0.0245 to $0.0284, marking a 3.4% gain in the last 24 hours.

On the chart, FLR broke above the 23.6% Fibonacci retracement level at $0.0217.

This puts FLR price well above its 7-day SMA at $0.0246, showing strong short-term bullish control.

Meanwhile, the Moving Average Convergence Divergence indicator remains positive.

Notably, the MACD line crosses above the signal line, confirming upward momentum.

Although the Relative Strength Index is downsloping and near 55, staying above the neutral mark indicates bulls remain in control.

Gains could ensue before prices reach overbought territory.

If FLR maintains support above $0.0264, it can rise up to $0.0389, aligning with the 61.8% Fibonacci retracement level.

This could allow buyers to aim for $0.040 and higher, which are levels last seen in January 2025 and April 2024.

However, a failure to hold current levels could see a pullback to $0.024, with deeper support at $0.022.

The post Flare price surges amid 290% volume spike: next target for FLR? appeared first on CoinJournal.

• Chainlink brings oracles and CCIP to Canton’s institutional blockchain.
• Canton processes $280B daily repos and secures $6T in tokenised assets.
• BNP Paribas, HSBC, and P2P.org recently joined the Canton Foundation.

Chainlink has joined the Canton Network as a super validator, deepening the blockchain’s institutional focus and bringing a suite of oracle services to its privacy-driven architecture.

The move aligns Canton’s ambitions for large-scale tokenisation and regulated financial activity with Chainlink’s proven infrastructure in securing real-world data and cross-chain communication.

The Chainlink integration into the Canton Network

As part of the agreement, Chainlink Labs will operate as a super validator on Canton.

In this role, it will run a combined node that functions as both a domain validator and a synchronizer, giving it a hand in ordering and finalising cross-domain transactions.

This integration places Chainlink at the core of Canton’s consensus process, ensuring transaction finality while also bolstering the network’s interoperability across different domains.

Canton has also joined the Chainlink Scale program, which helps manage the costs of running oracles on-chain.

The collaboration also extends Chainlink’s data services to the Canton Network, including its real-time data streams, proof of reserve, and NAVLink, along with the cross-chain interoperability protocol (CCIP).

These tools are designed to allow institutions in Canton to connect securely with external data sources, tokenised assets, and even other blockchains.

The arrangement underscores Canton’s strategy of creating a controlled but flexible environment where traditional financial institutions can operate with confidence.

Canton Network’s ability to handle sensitive financial data

Since launching in May 2023, the Canton Network has positioned itself as a blockchain purpose-built for institutional finance.

The Canton Network describes itself as a privacy-focused blockchain that allows institutions to issue and transact tokenised securities, stablecoins, and digital identity tools without compromising compliance standards.

Backed by major global players such as Microsoft, Goldman Sachs, BNP Paribas, Cboe Global Markets, Digital Asset, and Paxos, the network emphasises privacy and regulatory compliance while supporting large-scale financial applications.

Its governing body, which recently rebranded from the Global Synchronizer Foundation to the Canton Foundation, counts Chainlink among its leading validators.

The network now oversees more than $6 trillion in tokenised real-world assets, processes $280 billion in daily repo transactions, and is secured by 500 validators, including over 30 super validators.

BNP Paribas and HSBC recently joined the foundation, while P2P.org has come aboard as a validator.

By weaving in Chainlink’s infrastructure, Canton is reinforcing its ability to handle sensitive financial data while still connecting to broader blockchain ecosystems.

Analysts view this as a powerful combination since Chainlink already secures more than $100 billion in decentralised finance (DeFi) and has facilitated over $25 trillion in transaction value, and now it is being tasked with underpinning Canton’s institutional-grade environment.

Notably, the integration arrives at a time when global banks and financial firms are accelerating blockchain initiatives, from stablecoin pilots to tokenised fund experiments, underscoring the demand for secure, compliant systems.

The post Chainlink integrated into Canton Network as a super validator appeared first on CoinJournal.

• A single “gm” post on X from an account linked to SBF drove a 60% FTT price surge, highlighting the market’s volatility.
• FTX’s $1.6 billion creditor payout looms, potentially impacting FTT’s value as liquidation risks grow.
• Despite no utility, FTT’s rally reflects lingering investor fascination with FTX’s legacy.

FTX Token (FTT), the native token of the now-defunct FTX exchange, experienced a dramatic 60% price increase within hours early Wednesday.

The token surged after Sam Bankman-Fried’s (SBF) X account put a post.

SBF is the former CEO of FTX currently in jail.

The surge to an intraday peak of $1.21 also came as FTX Recovery Trust sued Genesis Digital for $1.15 billion.

FTX token soars amid SBF tweet

FTT price hovered over $1 on Monday and Tuesday, mirroring crypto turbulence this week.

However, it exploded well above the psychological level on Wednesday.

The catalyst for the sharp price movement appears to be a two-letter post “gm,” shorthand for “good morning”, that Sam Bankman-Fried posted on September 24, 2025.

SBF, jailed for his role in the collapse of FTX, looks to be a massive shadow looming large across the market as his post quickly garnered nearly 4 million views.

The FTT price jumped as a frenzied speculative trend picked up momentum.

Some market participants interpreted it as a signal of potential developments in FTX’s bankruptcy process, while others viewed it as a nostalgic nod to SBF’s influence in the crypto space.

A 60% spike to $1.21 separated FTT from the overall picture of a broader market downturn.

Prices pared gains after the X account posted again a few hours later.

[No, SBF is not posting himself from prison. I’m a friend posting on his behalf.]

— SBF (@SBF_FTX) September 24, 2025

Despite this, FTT price remained near $1 and was up 19% in the past 24 hours at the time of writing.

Notably, the price surge also came as FTX Trust sued Bitcoin mining firm Genesis Digital over a $1.15  billion asset investment that SBF made.

In a filing submitted Monday to the US Bankruptcy Court for the District of Delaware, the FTX Recovery Trust launched a complaint against crypto mining firm Genesis Digital Assets (GDA), its affiliates, and two of its co-founders.

The action is part of efforts to reclaim $1.15 billion in what it described as “commingled and misappropriated funds.”

The filing alleges that the funds are directly connected to former FTX chief Sam Bankman-Fried’s “fraud on customers and other creditors” during 2021 and 2022.

What’s the FTT price outlook?

FTT’s price currently stands at $0.9704, with a 24-hour trading volume of approximately $17.64 million.

The token’s market capitalization is reported at $272.9 million, reflecting a circulating supply of 328.89 million FTT.

The token’s long-term viability remains questionable, as it no longer serves a functional role and may face liquidation to settle creditor claims in FTX’s ongoing bankruptcy proceedings, set to distribute $1.6 billion.

FTT could breach $1.21 again and target $2 amid overall volatile trajectory for altcoins.

But the token’s historical high of $85.02 contrasts starkly with its current levels.

The FTX Token is down 98.8% since its all-time peak, with the bearish outlook tied to its turbulent past.

The post FTX Token soars after jailed former CEO Bankman-Fried’s post on X appeared first on CoinJournal.

• Pi Network price hit an all-time low of $0.22 as cryptocurrencies struggled with profit-taking.
• However, bulls are looking at a potential buy-the-dip opportunity and could push for a rebound to $0.50.
• Technical indicators offer mixed signals, highlighting the indecisive market.

Pi Network extended its declines on Tuesday as the price crashed to a new all-time low of $0.22.

However, with bulls notching a small bounce on the day, it’s likely the profit-taking could allow for a notable buy-the-dip opportunity for bulls.

A turbulent few days for crypto nonetheless means market mood has flipped slightly bearish, but could PI price bounce amid potential broader market tailwinds in the coming months?

Pi price plunges to record low

PI is trading at around $0.28, up by nearly 4% in the past 24 hours.

While this marks a slight bounce from an all-time low of $0.22, the altcoin remains 20% down in the past week.

The sharp drop witnessed on September 23, 2025, when PI nosedived from highs of $0.36, also adds to the bearish picture that has the token down 90% from its all-time peak of $2.98 reached in February 2025.

Currently, PI price sits below the critical support zone at $0.30.

However, with the price slightly up amid a 16% decrease in daily trading volume, a flip in sentiment may materialise.

Notably, Pi Network has faced downward pressure amid a recent token unlock that saw 160 million PI tokens enter circulation.

The flooding of the market with additional supply contributed strongly to the price decline.

Macroeconomic pressures also added further pain, with panic selling as risk assets swung, emboldening bears.

But analysts say September doldrums could give way to “Uptober”.

“The tone has shifted from panic to recalibration,” QCP Group noted. “The Fed’s 25 bp insurance cut reopened the easing path, but dots signaled only measured dovishness. Long rates climbed while equities hit fresh highs and gold briefly topped $3.7k.”

Is PI price set for breakout recovery?

The grim short-term outlook also includes PI’s relative strength index near oversold territory.

At 31, the RSI reading suggests a possible short-term recovery is inbound.

RSI on the daily chart, as shown below, is upsloping from the oversold territory, and if buying pressure emerges across the market, a flip in this indicator may signal potential gains to $0.50.

The moving average convergence divergence indicator, however, gives a bearish crossover outlook.

This suggests a decisive upside direction will only materialise if bulls reclaim the key level around $0.30 and see another leg up.

A break above the $0.35 resistance could pave the way for a recovery toward $0.50, though failure to hold current levels may see PI revisit $0.22, potentially opening up a path for more pain for bulls.

Profit-taking and market volatility are the two immediate factors to consider, while whale accumulation and network growth amid broader market gains constitute pointers to the long-term outlook.

The post Pi Network price forecast after PI hits $0.22 all-time low appeared first on CoinJournal.