Kategorie: Crypto News

• YZi Labs has revealed it has invested in Avalon Labs, sparking a 30% surge.
• Avalon has minted $613M in BTC-backed USDa stablecoins.
• Avalon targets to offer institutional-grade Bitcoin DeFi services.

AVL token price is soaring after YZi Labs (formerly known as Binance Labs) revealed it has made a strategic investment in Avalon Labs, a rising star in the Bitcoin DeFi sector.

The investment announcement ignited a vertical rally in the AVL token, which surged by over 30% to reach a one-month high, pushing prices briefly past the $0.31 mark before stabilising near $0.27 at press time.

Notably, this marks YZi Labs’ first investment in nearly a month, reinforcing the exclusivity and high standards of its portfolio selection, which typically includes only a handful of projects each quarter.

Although the investment sum remains undisclosed, the market reaction reflects growing investor confidence in Avalon Labs’ ambitious roadmap and its pivotal role in Bitcoin-backed decentralised finance.

Avalon Labs’ institutional-grade DeFi protocol vision

Transitioning into its next phase, Avalon Labs aims to establish itself as the leading institutional-grade DeFi protocol by using Bitcoin as collateral for lending, stablecoin issuance, and other financial services.

In fact, the platform has already minted over $613 million in its USDa stablecoin, positioning it as the second-largest issuer of Bitcoin-backed stablecoins behind only Sky Protocol.

As part of its growing ecosystem, Avalon also offers BTC-collateralised loans, a yield-bearing savings account, and even a credit card, all designed to increase Bitcoin’s real-world financial utility.

Backed by 20,000 non-custodial BTC and servicing over 300,000 daily active users, Avalon is carving a space in the emerging Bitcoin DeFi landscape, which now holds a total value locked of $6.69 billion.

Although Avalon’s current TVL has dipped to $1.22 billion from earlier highs, the investment by Yzi Labs remains substantial, particularly considering the end of its airdrop program and the volatile state of the broader market.

Plan to enhance regulatory compliance

Avalon plans to use the new capital to enhance its regulatory standing across jurisdictions, which may open the door to traditional finance partnerships and large-scale institutional lending.

The renewed focus on compliance and institutional access aligns with YZi Labs’ investment thesis, which prioritises projects that combine strong fundamentals with global growth potential.

Moreover, the connection with YZi Labs could signal future inclusion in the Binance ecosystem, especially if AVL demonstrates sustainable growth and increased user adoption.

Despite being an Ethereum-based token, AVL’s rising prominence could earn it further exchange listings and increased liquidity, particularly as Bitcoin DeFi garners wider attention.

Avalon’s success story also includes being named the Season 8 winner of the Most Valuable Builder event, a key incubator program led by BNB Smart Chain, YZi Labs, and CoinMarketCap.

Given the increasing demand for BTC-backed products, Avalon appears well-positioned to benefit from the next wave of institutional and retail adoption in decentralised finance.

As momentum builds, AVL remains one of the most closely watched mid-cap tokens in the space, especially as investors await further token unlocks and platform updates.

Ultimately, the YZi Labs investment has not only boosted AVL’s price but also solidified Avalon’s role as a frontrunner in transforming Bitcoin into a capital-efficient asset class.

The post YZi Labs investment sends Avalon Labs AVL token through the roof appeared first on CoinJournal.

• Raydium (RAY) price is rising, driven by ongoing token buybacks.
• The bullish trend is supported by higher highs and a moving average crossover.
• Traders should watch for a breakout at $3.50, with $4.20 as the next major resistance.

Raydium (RAY) is currently experiencing a notable resurgence in price, gaining the attention of both traders and long-term investors across the crypto landscape.

After a strong rally from $2.40 to $3.86, the token has entered a phase of consolidation, now trading around $3.25, signalling the potential for another leg up.

This upward movement is being driven primarily by Raydium’s ongoing token buyback program, which has become a major catalyst in reinforcing bullish momentum within the market.

The RAY token buyback program

Since mid-March, Raydium has maintained steady buybacks, allocating 12% of trading fees toward purchasing RAY from the open market.

Although the intensity of the buybacks has slightly tapered off, their continued presence and periodic spikes have provided a solid base of demand for the token.

Raydium price analysis

The technical setup has also turned decisively positive, with RAY printing a consistent series of five higher highs and higher lows, which signals a strong uptrend.

At the same time, the price has remained above both the 20-day exponential moving average and the 50-day simple moving average, reinforcing the bullish sentiment among traders.

These two indicators have maintained a bullish crossover since mid-April, and this trend has yet to show signs of weakening.

Currently, local resistance lies at $3.50, and a successful breakout above this level could trigger a swift move toward the next key resistance at $4.20.

That target level previously acted as a critical support zone before the February sell-off and now stands as the next bullish milestone.

Should Raydium manage to reach $4.20, it would represent a nearly 30% gain from its current trading level, drawing even more attention to the asset.

The Relative Strength Index (RSI) is currently near 57, indicating that the token is neither overbought nor oversold, and suggesting there is ample room for further gains.

If $4.20 is breached, the next notable resistance level sits near $5.70, where the token faced repeated rejections before and after the rally that peaked in January.

Despite the bullish setup, a decline below the key support level of $2.20 would invalidate the upward thesis and open the door to potential downside toward $1.50.

Nonetheless, the trend remains structurally strong, with momentum indicators supporting continued upside in the near term.

The platform also boasts a total value locked (TVL) of over $2.07 billion, highlighting its prominent role in the Solana-based DeFi ecosystem.

In the last 24 hours alone, the trading volume has exceeded $79.5 million, which reflects heightened interest in the token during this consolidation phase.

From a historical perspective, Raydium reached an all-time high of $16.83 in September 2021, while its lowest point came in December 2022 at $0.1344.

Since then, the cryptocurrency has shown a significant recovery, supported by both market participation and internal initiatives like token buybacks.

The post Raydium price bounces back as RAY token buyback fuels bullish momentum appeared first on CoinJournal.

• Uniswap (UNI) price has jumped above $6.5 as bulls retest a key resistance zone.
• The altcoin soared alongside Virtuals Protocol and Jupiter, which have jumped double digits.
• Whales have aggressively bought UNI tokens in recent days.

Uniswap (UNI) price surged alongside most other top coins as the crypto market recorded a decent bullish flip.

According to data from CoinMarketCap, the price of UNI had surged by 11% in the last 24 hours at the time of writing on May 26, 2025.

The native token of the decentralized exchange platform soared to a high of $6.63, up from lows of $5.91.

UNI’s gains during the early trading on Monday reflected the double-digit gains for multiple coins, including Jupiter (JUP) and Virtual Protocol (VIRTUAL).

XRP price also rose slightly as top altcoins looked to bounce.

Uniswap price jumps 11% as cryptocurrencies rise

Having traded to lows of $5.70 on May 20, 2025, UNI’s price flipped bullish to reach highs of $6.73 on May 23.

However, with Bitcoin retreating from highs of $111,970 amid profit taking, Uniswap pared gains to hover around $5.90.

Bulls have since mirrored BTC gains to break above $6 again, with a 24-hour trading volume of $310 million highlighting a surge in trading activity.

The bump in volume comes with a 60% spike, which is significant as UNI price rises in tandem with top gainers such as Jupiter and Virtual Protocol.

On-chain data from iCryptoAI shared on X highlights a spike in whale activity around Uniswap.

Per the insights platform, whales have scooped up over $300,000 worth of UNI in just six hours.

In comparison, whales have scooped over 159,000 for Virtuals Protocol.

Recently, an Ethereum whale bought $13 million worth of UNI, as crypto investor Ted shared in the X post below.

Ethereum whale bought $13,000,000 $UNI.

Uniswap = DeFi summer loading? ✌🏼 pic.twitter.com/FPHgYAXu3X

— Ted (@TedPillows) May 23, 2025

UNI price – are bulls set to reclaim $10?

In recent weeks, Uniswap has shown remarkable resilience in the market. For instance, the current uptick for UNI comes off a textbook double bottom for the altcoin.

After breaking through resistance in the $5.76 and $6.30 range, bulls are looking to strengthen after a technical retest of the previous hurdle as support.

With bullish momentum intact as the Relative Strength Index points upwards above 57, tailwinds helping the buyside pressure could be massive for an uptrend.

However, the Moving Average Convergence Divergence (MACD) indicator on the daily chart suggests weakness.

The MACD line crosses below the signal line. In the market, traders look at this indicator as signalling that bears are still within striking distance, which might be visible via a fresh decline.

If UNI price climbs further, it faces the first key hurdle around $7.5. Above it, there is the psychological $10 zone.

On the downside, $5.8 is a key support level, with $4.7 also crucial for bulls.

The post Uniswap price up 11% amid double-digit gains for JUP, VIRTUAL appeared first on CoinJournal.