Kategorie: Crypto Markets

Daily headlines and news about crypto markets.

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Polygon price forecast: POL surges 6% as TVL reaches 2025 high

  • Polygon token (POL) soared as most altcoins dipped on Monday and early Tuesday.
  • While POL has given up some of the gains to $0.26, bulls appear to be in control.
  • Gains for the altcoin come as its network’s total value locked (TVL) jumped to a year-to-date high.

Polygon’s native token, POL (ex- MATIC) (POL), is one of the gainers in the past 24 hours as cryptocurrencies look to bounce off the latest dump.

Altcoins such as Chainlink and XRP are eyeing fresh gains.

While POL price has slipped from highs of $0.27, it’s currently holding above $0.25 as a potential rebound coincides with a spike in the network’s total value locked (TVL).

Polygon price today

The POL token’s price is up 3% in the past 24 hours at the time of writing, and nearly 12% in the past week.

However, intraday gains reached 6% as POL rose to $0.27, with this coming amid growth in Polygon’s ecosystem, fueled by decentralised finance activity and strategic integrations.

As the price of POL rose, Polygon’s TVL, which has jumped amid bullish momentum, topped a 43% increase year-to-date.

The TVL spiking not only reflects the price gain, but the growing adoption, user trust and capital flows.

Per Token Relations, Polygon saw its total value locked metric fall to $788 million in April.

However, the metric has since witnessed a steady climb to break above $1.23 billion as of August, highlighting the blockchain network’s appeal and attraction as a DeFi player.

Stablecoin growth

Additionally, Polygon has seen a notable spike in stablecoin use.

The recent integration of Agora’s stablecoin, AUSD, on Polygon by Miomi Game is a key development.

Miomi is a web3 esports platform that boasts over 950,000 users.

Polygon also surged to a record $2.56 billion in stablecoin payments in July, with peer-to-peer transfers rising as USDC active addresses jumped to 3.16 million.

Meanwhile, USDT supply on Polygon rose to a new high of $1.29 billion during the month.

Polygon’s surge in dApps, combined with stablecoin adoption and regulatory moves, spotlights the network’s utility.

“Why are institutions building on Polygon? Trusted infrastructure, designed for greater efficiency and ready to scale for institutional demand,” Polygon Labs recently posted on X.

Polygon price prediction

Looking at Polygon’s price charts, the overall outlook is bullish.

The network’s strategic initiatives and cross-chain interactions, which are contributing to organic growth, are evidence that bulls can establish the upper hand.

Polygon’s price surge and TVL spike allude to this. Metrics such as active addresses and transactions are key to buyers breaching the supply wall around $26 and $30.

On the flip side, bears can target the psychological support level at $20.

The post Polygon price forecast: POL surges 6% as TVL reaches 2025 high appeared first on CoinJournal.

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Why is the price of WAVES token rising?

  • Waves launches AI tools and secures $10M funding for Units Network.
  • Price breaks $1.30 resistance with bullish RSI and MACD signals.
  • Community campaign boosts visibility as altcoin flows support gains.

WAVES is climbing again, and traders are asking why.

Over the past 24 hours, the token has risen by 4.86%, extending its 25% weekly rally.

At press time, WAVES traded near $1.40 after moving between $1.32 and $1.54 in the last day.

This surge reflects a mix of new product launches, technical breakouts, changing market conditions, and stronger community engagement.

New AI tools by Waves lit a spark

WAVES gained traction after the introduction of new artificial intelligence (AI) products designed to support decentralised finance.

In July 2025, the Waves team launched an AI Launchpad and a Liquidity Manager aimed at automating DeFi strategies and improving liquidity efficiency.

These additions gave developers easier access to infrastructure for building and optimising protocols on Waves.

Investor sentiment strengthened further when Units Network, Waves’ EVM-compatible layer-2, secured $10 million in funding from Nimbus Capital.

This institutional backing added credibility to the roadmap and attracted speculative capital.

Traders viewed AI-driven upgrades as solutions to real challenges in DeFi, especially in liquidity optimisation, and positioned accordingly.

The market now awaits adoption figures. Metrics from Q3 2025 on Units Network and AI tool usage will determine whether the bullish momentum can convert into lasting demand for the WAVES token.

WAVES price breakout clears a key barrier

On August 18, WAVES broke through $1.30, a zone that aligned with both the 200-day moving average and a major Fibonacci resistance.

That level now acts as psychological support.

Momentum indicators have confirmed the breakout.

The 14-day RSI printed 68.95, showing strong trend conditions though edging toward overbought territory.

At the same time, MACD recorded a bullish crossover with a rising histogram, confirming that upward momentum had accelerated.

$1.56, the 127.2% Fibonacci extension, is now viewed as the next upside target if price holds above $1.30.

The altcoin shift and community push

Broader market flows also work in Waves’ favour.

Although Bitcoin dominance remains elevated at 58.92%, the Altcoin Season Index has risen 26.47% in one week, signalling capital rotation into smaller-cap projects.

That rotation has given altcoins, like WAVES, a performance boost.

Still, derivatives suggested caution. WAVES Open interest has dropped 4.12% over 24 hours, showing that traders have reduced leverage exposure.

This decline indicates that the rally is being led by spot demand rather than aggressive futures positions.

For a token with a $139 million market cap and an uncapped supply model, shifts in demand can move the price sharply.

Long-term sustainability will depend on whether new tools drive real utility to offset the inflationary design.

At the same time, Waves is currently engaged in an active community campaign.

The project has announced the next “Waves Up in Space” mission, running from August 19 to September 5.

Participants of the “Waves Up in Space” mission are invited to post Waves-related content on Twitter and submit entries through Zealy for rewards.

Community challenges like this often amplify visibility, energise the base, and bring new traders into the ecosystem.

WAVES price outlook

The immediate focus is whether WAVES can hold above the $1.30 support zone with rising volume.

A strong defence of this level could open the way toward $1.56, while a breakdown risks stalling momentum and sending the token back into consolidation.

Beyond technical levels, traders should closely track adoption figures from Units Network, activity on the AI Launchpad, and usage of the Liquidity Manager.

Broader sentiment tied to Bitcoin dominance and altcoin flows will also play a decisive role.

For now, WAVES is rising because product upgrades, strong technical signals, market rotation, and a fresh marketing push all converged at once.

If adoption and demand follow through, this rally could mark more than just a short-lived bounce.

The post Why is the price of WAVES token rising? appeared first on CoinJournal.

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Bio Protocol hits 6-month high as harmonic pattern signals further upside

  • Bio Protocol funds $80K brain health trial, earning CLAW royalty tokens.
  • Staked BIO tokens rise to 125M, tightening supply and boosting demand.
  • Harmonic chart pattern signals a possible BIO price rally toward $0.1787.

The Bio Protocol (BIO) token has regained strong momentum after a sharp pullback earlier this month, climbing to a six-month high of $0.1514 before settling near $0.138.

The recovery follows a string of bullish catalysts, ranging from real-world biotech partnerships to a surge in staking activity, while traders are now watching technical signals that hint at further upside.

BIO price recovery sparks fresh momentum

After dropping to $0.0962 during the recent correction, BIO has staged an impressive rebound of more than 50% in a matter of days.

The strong recovery comes at a time when the broader crypto market has been under selling pressure, yet Bio Protocol has managed to move against the trend.

At press time, the token was trading nearly 100% higher on the month, underscoring its growing resilience.

Trading activity has also intensified. Daily volumes have spiked by more than 700% last week, crossing $440 million as new investors piled in.

This sharp increase in liquidity has strengthened confidence that BIO’s market depth is improving, making it more attractive for both retail and institutional traders.

Clinical trial funding lifts sentiment

One of the strongest drivers of BIO’s price rally has been the announcement of its first major biotech initiative.

Through its partner Cerebrum DAO, the Bio Protocol community approved $80,000 in funding for a Phase 2 human clinical trial of Percepta, a supplement targeting memory loss and neurodegeneration.

The deal not only gives Bio Protocol direct exposure to real-world biotech outcomes but also provides it with CLAW tokens.

These tokens are tied to royalties from Percepta sales, creating a potential revenue-sharing model that sets BIO apart from other speculative altcoins.

Investors see this as a sign that the project is delivering on its promise to link decentralised finance with biotech innovation.

BIO token staking reduces supply pressure

Another factor supporting BIO’s price is the steady growth in token staking.

The amount of staked BIO tokens has climbed to 125 million, representing about 3.5% of the circulating supply.

This is a significant jump from 25 million staked tokens earlier in August.

By staking, holders earn BioXP, which provides access to new ecosystem assets such as CLAW. More importantly, staking reduces the liquid supply on exchanges.

As a result, when demand rises, the price impact is magnified. Traders are already drawing comparisons to earlier DeFi tokens where similar dynamics sparked explosive rallies.

Technical setup points to higher targets

From a technical perspective, BIO has cleared several key resistance levels. It moved above the 7-day simple moving average at $0.116 and broke through the 23.6% Fibonacci retracement at $0.128.

The next resistance sits near $0.145, with momentum indicators suggesting strong buying pressure despite a relative strength index that hovers near overbought territory.

Adding to this outlook, analysts have identified a harmonic ABCD pattern unfolding on the 4-hour chart.

Bio Protocol price analysis

The harmonic ABCD pattern began with a rally from $0.0559 to $0.0956 before retracing and launching into a bullish CD-leg.

The extension of this structure projects an upside target near $0.1800, which traders are closely monitoring as the next profit-taking zone.

Bio Protocol price outlook remains cautiously bullish

While the harmonic setup points to further upside, traders remain alert to the possibility of consolidation.

A failure to hold above the 50-period moving average, currently near $0.1159, could open the door to short-term corrections.

Still, the combination of real-world utility, staking-driven scarcity, and a favourable technical structure has left sentiment firmly bullish.

Bio Protocol’s six-month high marks an important milestone for a token launched less than a year ago.

But whether it can sustain this rally will depend on both the outcome of the Percepta trial and the broader adoption of decentralised science models.

The post Bio Protocol hits 6-month high as harmonic pattern signals further upside appeared first on CoinJournal.

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BTC slips 1.1% to $116K as traders brace for August weakness

  • Crypto markets show a split between institutional bulls and retail bears.
  • Prediction markets signal a bearish end to August for Bitcoin.
  • Derivatives data shows caution, with funding rates turning negative.

A profound and unsettling divide is splitting the cryptocurrency market in two as the trading day begins in East Asia.

While the world’s largest institutions are quietly building their positions for a long-term rally, a wave of short-term fear is gripping the retail and derivatives markets, creating a tense tug-of-war that is pulling prices lower.

As the morning session unfolds, Bitcoin is trading at $116,263, down 1.1% and 2% lower on the week, while ETH sits at $4,322, seeing a sharper 3.8% drop in the last 24 hours.

The broader market is feeling the pressure, with the CoinDesk 20 (CD20) index down 2.4%. This nervous price action is a direct reflection of a market caught between two powerful, opposing narratives.

A tale of two markets

On one side, the conviction of institutional players remains unshakable. The Singapore-based market maker Enflux described the dynamic perfectly in a note to CoinDesk. 

“The market remains caught between strong underlying institutional conviction, highlighted by Strategy Inc.’s additional 430 BTC purchase and structural financing shift, and a lack of immediate retail follow-through,” the firm wrote.

Enflux points to asset manager VanEck’s reiterated $180,000 year-end bitcoin target as clear evidence that the market’s giants are positioning for a significant move higher.

On the other side, however, the retail-driven narratives that often fuel explosive rallies have fizzled, with potential ETFs for assets like XRP and DOGE stalled by SEC delays.

One notable exception to this trend is Solana, which Enflux noted continues to show “quiet strength,” driven by its dominance in USDC transfers and its growing share of new token issuance via platforms like PumpFun.

Whispers of warning from the derivatives market

This lack of broad participation is creating a vacuum that is being filled with caution. Prediction markets are now flashing bearish signals for the remainder of August.

On Polymarket, the odds now favor a month-end close for BTC below $111,000, with a 34% probability.

The derivatives market is telling a similar story of defensive posturing.

The analytics firm QCP reported in a recent market update that perpetual funding rates—a key indicator of trader sentiment—turned negative over the weekend, a setup that has preceded pullbacks in the past.

Furthermore, options skews now clearly favor puts (bets on a price decline) across all timeframes.

The calm before the storm: all eyes on jackson hole

The result is a market that feels structurally sound at its core but is tactically fragile and defensive on the surface.

This nervous energy is building ahead of the week’s main event: the Jackson Hole symposium, where Fed Chair Jerome Powell is expected to deliver a pivotal speech.

Traders are anxiously awaiting guidance on how the central bank will navigate higher-than-expected inflation, especially under the glare of a White House that continues to challenge its neutrality.

While the long-term foundation for a broader rally—fueled by four-year highs in crypto search interest and the promising GENIUS Act making its way through Washington—is still being laid, the immediate future appears uncertain.

For now, the conviction is concentrated among the giants, while the rest of the market holds its breath, waiting for a spark.

The post BTC slips 1.1% to $116K as traders brace for August weakness appeared first on CoinJournal.

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Bio Protocol defies crypto downturn with a 720% surge in volume

  • Bio Protocol price rose more than 50% as bulls defied broader market selling to hit $1.46
  • Despite overall sell-off pressure, BIO price is up double-digits in 24 hours as volume spikes 720%.
  • BIO has benefited from key network developments, including staking and partnerships.

The price of Bio Protocol (BIO) shrugged off a broader crypto downturn to lead 24-hour gainers on Monday.

With the project that’s targeting the decentralized science (DeSci) ecosystem hitting key milestones recently, buyers have upped the ante by pushing BIO higher.

BIO price surges nearly 50% to lead top gainers

The Bio Protocol (BIO) price saw a significant surge as top altcoins struggled amid profit taking.

With Bitcoin shedding gains to below $116k and Ethereum dipping to $4,200, the BIO token climbed nearly 50% to lead the top gainers.

Per CoinMarketCap, this put the decentralized science project among the 500 largest cryptocurrencies by market capitalization.

Notably, Bio Protocol traded up from lows of $0.10 and topped $0.15.

The uptick meant BIO defied overall declines across the market, with gains coming as its 24-hour volume spiked 720% to over $393 million.

Although BIO remains double-digits up with over 21% upside in the past 24 hours, it has dropped from the $0.15 high. This shows the overall market weakness as sellers drive it to around $0.12.

Bio Protocol price chart by CoinMarketCap

Bio Protocol has hit key network milestones

Bio Protocol has gained amid significant network milestones in the past week.

As the DeSci economy picks up, the Bio Protocol team has positioned the project for greater traction with the launch of Bio Markets.

The goal is a platform that brings real-time insights into projects within the Bio Protocol ecosystem.

Markets bring growth trends and in-app trading for BioDAOs, and Bio plans to expand trading capabilities to IP-Tokens and new BioAgents.

Staking activity has also soared, with over 125 million BIO tokens staked, up to 3.5% of the circulating supply.

As the Bio team recently noted, staking generates BioXP, a key component for participating in upcoming Ignition Sales.

Unveiling of Yapping BioXP, also set to go live in the app this week, includes a boost campaign for BioAgents, further incentivizing community engagement.

What does it mean for BIO price?

Bio Protocol also hit a major milestone with CLAW, Percepta’s IP-Token.

Meanwhile, Molecule’s development of its v2 protocol targets the bridging of traditional corporate structures with DeSci.

Listing on Coinbase, the top U.S.-based crypto exchange, allows for further institutional adoption.

“From Bio V2’s launch and 100M+ BIO staked, to Coinbase listing $BIO and VitaDAO advancing longevity trials, the past month marked key steps in AI-driven science and DeSci adoption,” Bio Protocol recently posted.

Achievement of these milestones could help bolster the price of BIO.

The post Bio Protocol defies crypto downturn with a 720% surge in volume appeared first on CoinJournal.