Kategorie: Crypto Markets

Daily headlines and news about crypto markets.

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Hyperliquid price forecast as HYPE sees pullback after hitting all-time high

  • Hyperliquid price jumped to a new all-time high above $51.
  • The token broke higher as HYPE bulls held above a major ascending trendline.
  • While price is down 4% from the ATH and hovers near 48, analysts predict further gains.

Hyperliquid (HYPE) stood out among top cryptocurrency performers this week as the native token of the high-performance layer-1 blockchain rose to a new all-time high above $51.

But can bulls hold prices above a key trendline and enter price discovery?

Hyperliquid pares gains after bulls reach new ATH

HYPE has been on a tear, climbing to an all-time high of $51.07 on August 27, 2025, fueled by a slight crypto market bounce that saw Bitcoin flip to above $113k from under $110k.

The gains came as stocks edged higher ahead of Nvidia earnings, and then futures surged after the AI chip giant posted a revenue beat.

With weekly gains exceeding 18%, Hyperliquid outpaced many top cryptocurrencies and stormed to its new ATH.

Having captured the crypto market’s attention with spot volumes hitting daily peaks above $3.5 billion, HYPE token’s price jumped more than 17% in the past week.

This saw the 16th-ranked altcoin hit highs of $51 across major exchanges.

CoinGecko data shows the altcoin’s price managed a 1,174% rally from its all-time low of $3.81 reached in November 2024.

Whales are aggressively buying HYPE.

On-chain activity, with Hyperliquid’s decentralised exchange recording new highs in daily trading volume and fees, helped bulls.

Institutional adoption, highlighted by spot exchange-traded fund anticipation and support by BitGo and Anchorage Digital Bank, has been a key catalyst.

Hyperliquid price forecast: Is $100 next for HYPE?

The broader crypto market bounce, with Cronos (CRO) jumping on Trump Media news, also helped HYPE drive higher.

Analysts now say Hyperliquid price could extend gains in the coming months, with bulls likely to see triple-digit moves as they eye $100 and higher.

However, HYPE has pulled back slightly, with profit-taking currently seeing the token hover above $48.

Despite the pullback, market sentiment remains optimistic, supported by Hyperliquid’s dominance in the decentralised perpetuals market.

HYPE chart by TradingView

The daily chart above shows the technical outlook for HYPE is largely bullish as the token holds above a key ascending trendline.

It signals sustained buyer demand, with the Relative Strength Index (RSI) above 57 to suggest that momentum favours the bulls.

The daily MACD also shows a bullish crossover, with the histogram’s green bars strengthening.

If HYPE regains upside traction, analysts believe it could enter price discovery mode, potentially targeting $100 in the coming months.

As noted, a broader market downturn could push HYPE toward support levels, with demand reload zones around $42 and then $30.

The post Hyperliquid price forecast as HYPE sees pullback after hitting all-time high appeared first on CoinJournal.

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Solana price surge amid Alpenglow Upgrade and PSG1 Console debut

  • Solana surges past $214 amid strong retail and institutional demand.
  • Alpenglow upgrade aims to cut block finality to 150 milliseconds.
  • PSG1 console launch merges gaming, NFTs, and secure crypto storage.

Solana (SOL) has captured the attention of cryptocurrency investors this month, surging past $214 and outperforming major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH).

On August 28, SOL surged to $214.57, marking a near 6% increase over 24 hours and a 14.3% surge over the past week.

This price surge can be attributed to the growing confidence in Solana’s technical roadmap amid the ongoing voting on the Alpenglow upgrade proposal, coupled with the network’s recent achievement of 107,540 transactions per second during a stress test, demonstrating its capacity for high-throughput applications.

Alpenglow upgrade sparks optimism

At the heart of Solana’s recent momentum is the Alpenglow upgrade, a network overhaul aimed at drastically improving transaction speed and consensus efficiency.

The community has begun voting on the SIMD-0326 proposal, which seeks to replace the current Proof-of-History and TowerBFT mechanisms with a new architecture called Votor.

Votor’s direct-vote protocol is designed to reduce block finality from 12.8 seconds to an impressive 150 milliseconds, while Rotor, a simplified block propagation system, will streamline data dissemination across the network.

Investors and developers alike are closely monitoring the vote, which spans three epochs and requires a two-thirds majority of validators to pass.

Although only 11.3% of validators have cast votes so far, the proposal is being widely viewed as a transformative step for the Solana ecosystem.

voting on the SIMD-0326 proposal

The upgrade promises not only to accelerate transaction confirmation but also to enhance the performance of decentralised applications, making the network more competitive in the high-speed blockchain arena.

Play Solana Gen 1 (PSG1) handheld console

Adding to Solana’s bullish narrative is the upcoming release of the Play Solana Gen 1 (PSG1) handheld console.

Scheduled to begin shipping on October 6, the device represents Solana’s continued push into consumer hardware and Web3 gaming.

The PSG1 combines gaming capabilities with a secure crypto wallet, allowing users to store digital assets via fingerprint authentication while enjoying a touchscreen experience powered by an octa-core ARM processor and 8GB of RAM.

The console also features a limited NFT collection of 2,000 tokens, offering holders early access and exclusive perks.

This marks a logical extension of Solana’s hardware strategy, which began with the Saga smartphone in 2022 and continued with the Seeker device in 2024.

These devices highlighted the demand for blockchain-integrated consumer products, with Seeker alone securing over 150,000 pre-orders and generating an estimated $67.5 million in revenue.

The PSG1 launch not only expands Solana’s physical product portfolio but also reinforces the ecosystem’s focus on blending crypto, NFTs, and gaming, attracting both developers and retail users.

This integration of entertainment and blockchain functionality is expected to drive engagement and position Solana as a pioneer in consumer-facing Web3 products.

Retail and institutional interest surge

Alongside technical upgrades and hardware launches, Solana’s market sentiment has been increasingly bullish.

Retail investors are displaying unprecedented optimism, with bullish-to-bearish sentiment ratios reaching 5.8:1 — the highest in eleven weeks.

Institutional interest has also intensified, with firms such as Pantera, Galaxy Digital, and Jump Crypto taking substantial positions in SOL.

Speculation surrounding a potential Solana ETF approval, anticipated by October, has added further fuel to the market rally.

But despite these positive signals, challenges remain.

Retail participation on Solana-based decentralised exchanges has declined from 4.8 million daily traders earlier this year to just 900,000 in August, influenced by meme coin scams, social media hacks, and the growing dominance of Ethereum’s DeFi ecosystem.

While SOL’s DEX volume share has rebounded to 27%, analysts caution that reliance on meme coin activity may limit long-term growth unless the network diversifies its offerings.

Nevertheless, the combination of network upgrades, innovative hardware releases, institutional backing, and bullish retail sentiment paints a positive outlook for Solana.

With the Alpenglow upgrade and PSG1 console debut on the horizon, the blockchain is positioning itself at the forefront of both high-performance DeFi applications and consumer-facing Web3 products, signalling a period of heightened activity and investor confidence.

The post Solana price surge amid Alpenglow Upgrade and PSG1 Console debut appeared first on CoinJournal.

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PUMP circulating supply shrinks as Pump.fun’s total buybacks surpass $58M

  • The Launchpad bought PUMP worth $10.6M last week.
  • fun has spent more than $58M to repurchase the native token.
  • The program has reduced the PUMP circulating supply by 4.26%.

The Solana-based meme trading and creation platform is once again in the spotlight, this time with its significant buyback program.

Pump.fun has announced that it used $10,657,503 to buy PUMP between August 20 and 26.

The number made headlines as it represents 99.32% of the total revenue the network yielded in that timeframe.

The move reflects Pump.fun’s dedication to strengthening PUMP’s tokenomics through steady investment.

That’s vital, especially since the platform lost its key investors after massive exits.

Last week’s over $10 million buyback reinforces investor confidence in the team’s long-term vision while injecting new demand into the altcoin.

Pump.fun buybacks top $58 million

The meme generator launched its buyback program in mid-July with plans to reinvest all platform revenue into native PUMP.

Pump.fun has accumulated tokens worth over $58 million since introducing the initiative.

The team said:

To date, Pump.fun has purchased a total of $58,134,191 million PUMP tokens, offsetting 4.261% of the circulating supply.

That’s a substantial milestone that places the project among the top networks known for direct asset purchases.

Meanwhile, the impact of the Pump.fun’s buyback is notable.

The project has trimmed the PUMP circulating supply by 4.261%.

Sustained supply reduction could have bullish effects as it translates to scarcity and increased demand.

What does it mean for holders?

Buybacks often indicate confidence and trust from the project’s team.

For Pump.fun, the strategy has two key impacts.

Firstly, weekly purchases will bolster demand for the native coin.

Also, removing a massive supply will trim supply, which could ensure price stability and growth in the coming times.

Such mechanisms attract experienced investors since they position the alt as an asset with stable demand, not hype.

Sentiment and market response

Cryptocurrency enthusiasts are always quick to discover massive buybacks, and it was the same for Pump.fun.

While the latest $58 million milestone confirms the launchpad’s strength, the comment sector appeared dissatisfied.

Most people focused on the upcoming airdrop, which the PUMP team confirmed will not happen soon.

Also, skeptics caution that the platform might not sustain such buybacks as they rely on consistent revenue generation.

Pump.fun should ensure continued growth for steady fund flows for the repurchase strategy.

Meanwhile, one X user remained optimistic, stating:

Consistent offsets like this tighten supply and make every new demand spike more impactful.

PUMP price outlook

The native token has failed to recover from its initial sell-off.

PUMP changes hands at $0.01557 after losing 28% and 40% in the past month and week.

Technical indicators demonstrate PUMP’s near-term weakness, exacerbated by the ongoing broader market bloodbath.

The meme cryptocurrency hovers well below the 50 and 100-EMAs on the 3H timeframe.

Also, the MACD signals dominant selling pressure with a bold crossover and red histograms.

The RSI at 10 confirmed faded momentum, but the oversold signals hint at possible reversals.

The team should elevate the project’s appeal among investors and traders to enhance sentiment.

While buybacks are bullish, steady demand from the community is essential for a full impact.

The post PUMP circulating supply shrinks as Pump.fun’s total buybacks surpass $58M appeared first on CoinJournal.

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Aave’s new Horizon allows institutions to borrow stablecoins using real-world assets

  • The platform facilitates stablecoin loans backed by institutional funds and tokenized Treasurys.
  • Horizon bridges TradFi and DeFi with 24/7 institutional-level borrowing.
  • AAVE gained 12% the previous week.

Aave Labs has launched an advanced platform that enables institutions to borrow stablecoins using real-world assets (RWAs) like collateralized loan debts and US Treasury.

The Horizon borrowing tool marks a key step toward integrating decentralized finance (DeFi) and traditional finance (TradFi).

Meanwhile, it reflects Aave’s thriving lending market with institutional-grade products that combine DeFi’s efficiency and transparency with the compliance that top financial players seek.

Commenting on the development, Aave founder Stani Kulechov said:

Horizon is built for the growth of tokenized real-world collateral, enabling lending and borrowing at an institutional scale. Horizon delivers the infrastructure and deep liquidity that institutions require to operate on-chain, unlocking 24/7 access, transparency, and more efficient markets.

Businesses and large-scale investors can use Horizon to borrow stablecoins like Ripple’s RLUSD, Aave’s GHO, and USDC using real-world assets like real estate and tokenized US Treasurys as collateral.

How Horizon works

The new platform leverages Aave V3’s permissioned version.

Aave Labs launched the upgraded Aave version three network to serve as its leading lending protocol.

Meanwhile, Horizon enables institutions to interact with the blockchain industry without regulatory obstacles.

All borrowers need to do is deposit tokenized securities, including funds, as collateral and borrow USDC, GHO, and RLUSD.

Notably, stablecoin issuers will handle compliance, determining qualified participants and which assets they can interact with.

Furthermore, Horizon ensures a permissionless stablecoin market, allowing the DeFi landscape to remain composable and connected 24/7.

The timing matters

Horizon’s launch comes as tokenized RWA gains traction as the next phase of blockchain innovation.

Leading businesses, government bonds, and private equity are navigating tokenization to make illiquid assets tradable and more accessible.

Aave will gain increased utility and liquidity as individuals use traditional assets to secure stablecoin loans.

Furthermore, they can free up funds without offloading their long-term holdings, while enjoying blockchain’s 24/7 settlement perks.

Also, Aave DAO can generate additional revenue through Horizon’s undertakings.

Such moves cement Aave’s position as a top player in DeFi lending.

Stablecoins have seen increased traction since the US regulated the sector, and Aave looks ready to pioneer the closely-watched financial revolution.

AAVE price outlook

The alt trades at $327 after gaining more than 12% within the past week.

AAVE has dipped from the August 23 peak of $376 amidst the broader market decline.

Its short-term structure reflects bear dominance, with a 1% price decline in the past 24 hours.

AAVE’s 24-hour trading volume is down 25%.

That reflects faded trader enthusiasm in the digital token.

The 3H MACD highlights dwindling momentum with red histograms.

Also, the Relative Strength Index signals seller control.

Broad market downturn contributes to AAVE’s short-term bearishness.

Crypto analyst and trader Alex Clay highlights a monthly pattern that can propel the altcoin to $1,000 if confirmed.

That would mean an approximately 200% gain from AAVE’s current market price.

However, continued ecosystem development and broader market bull run remain essential for such a rally.

The post Aave’s new Horizon allows institutions to borrow stablecoins using real-world assets appeared first on CoinJournal.

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Decoding Google’s Layer-1 blockchain: what it means and what we know

  • GCUL enters private testnet, aiming for 2026 commercial rollout.
  • Python-based smart contracts enhance developer accessibility.
  • Google-CME partnership tests 24/7 settlement for payments and collateral.

Google Cloud has officially stepped into the blockchain infrastructure space with its Layer-1 platform, Google Cloud Universal Ledger (GCUL), which entered a private testnet phase in late August 2025.

The move positions Google as an emerging competitor in the institutional blockchain market, offering neutral, high-performance distributed ledger technology designed for financial institutions and payment providers.

GCUL supports Python-based smart contracts, making it more accessible for developers and enabling sophisticated on-chain programmable logic.

What it means for financial services and blockchain adoption

Google’s GCUL is designed to serve as a neutral infrastructure layer, tackling a key challenge in existing blockchain ecosystems, where financial firms often hesitate to build on networks controlled by competitors.

For instance, stablecoin issuers like Tether typically avoid blockchains developed by rivals such as Circle, while payment providers like Adyen have been cautious about adopting Stripe’s blockchain solutions.

By maintaining neutrality, GCUL could drive broader institutional adoption, allowing any financial institution to develop blockchain applications without competitive conflicts.

The Google-CME Group partnership, announced publicly in March 2025, underpins GCUL’s early development and testing.

CME Group has completed initial integration and testing, focusing on using the blockchain to enable 24/7 settlement of collateral, margins, and fees, with the potential to reduce costs and improve liquidity.

Full testing with market participants and the commercial rollout of services are expected in 2026.

Google’s blockchain addresses the surging demand for stablecoin transactions and faster payment solutions.

According to a study cited by Google, stablecoin volumes tripled in 2024, reaching $5 trillion in organic transactions, while total volumes climbed to $30 trillion globally.

The report highlighted that fragmented payment systems continue to drive high costs and inefficiencies in cross-border trade, with potential global GDP losses projected at $2.8 trillion by 2030.

GCUL aims to tackle these challenges by providing a transparent, low-latency transaction infrastructure.

What we know about GCUL’s technology and market position

Technically, GCUL features Python-based smart contracts, supporting flexible and widely adopted programming standards.

The platform is built not only to streamline payments but also to function as an infrastructure hub for capital markets, enabling native commercial bank money on-chain and supporting agentic payment capabilities.

Google plans to expand GCUL across its broader cloud ecosystem, granting access to a wide network of institutional partners and developers.

Compared with other emerging Layer-1 blockchain projects, such as Stripe’s Tempo and Circle’s Arc, Google emphasizes GCUL’s role as a neutral player in financial infrastructure.

While Stripe’s blockchain prioritizes payment app performance and Ethereum compatibility, and Circle’s platform focuses on stablecoin transactions, foreign exchange, and capital markets applications, GCUL is designed as a more open, less vertically integrated Layer-1 solution, enabling interoperability across competing institutions.

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