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EOS price on the rise as Vaulta rebrand nears

  • The EOS price is rallying ahead of the highly anticipated Vaulta rebrand.
  • EOS’s token swap from $EOS to $A will go live on May 14 via MSIG and the Vaulta Swap Portal.
  • As the EOS price surges, bullish charts and rising open interest point to a possible Bull Run post-rebrand.

The EOS price has surged over 20% today, reaching an intraday high of $0.8482 as traders prepare for next week’s major network update.

The sudden rally also coincided with a staggering 241% spike in 24-hour trading volume, according to CoinMarketCap data, pushing above $506 million of EOS across order books.

EOS’s Vaulta rebrand is slated for May 14

According to an official announcement, the EOS network will officially switch its native token from $EOS to $A as part of a full rebranding to Vaulta, starting on May 14.

That change will be executed via a block producer multi-signature (MSIG) transaction that deploys the new Vaulta token contract and opens the Vaulta Swap Portal on Unicove.

Token holders will be able to exchange their $EOS for $A on a one-to-one, fee-free basis using either the official portal or supported exchanges.

The transition is purely cosmetic and strategic, with all existing infrastructure, wallet addresses, and smart contracts remaining fully compatible under the new Vaulta mainnet identity.

Developers and users alike are urged to complete the swap early to ensure seamless access, though a bi-directional swap window will remain open for four months post-launch.

EOS price outlook

Technical indicators are flashing bullish signals after EOS broke out from the upper boundary of a multi-week ascending broadening wedge on the 4-hour chart.

The Chaikin Money Flow has climbed into positive territory at 0.16, while Aroon Up sits near 85% and Aroon Down falls to about 35%, underscoring persistent buying pressure.

Derivatives data further bolsters the bullish case, with open interest in EOS futures up over 41% to roughly $195 million and a long/short futures ratio above 1 across major exchanges.

Coupled with attractive staking yields of around 17% on the forthcoming Vaulta token, vastly higher than Ethereum’s 2.7% or Solana’s 5.4%, investors are eyeing EOS for both capital gains and passive income.

Market observers, like Crypto investor and Data analyst CW, believe a breach of the $1 psychological level could pave the way toward $1.45 in the near term.

More optimistic traders are targeting $2.10 as the next significant resistance following a daily chart triangle breakout.

With the Vaulta rebrand just days away, EOS appears poised to maintain its upward trajectory as both a speculative asset and a yield-generating network token.

The post EOS price on the rise as Vaulta rebrand nears appeared first on CoinJournal.

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Crypto news today: stablecoin bill hits political wall as democrats question Trump’s crypto ventures

  • A bipartisan stablecoin bill (GENIUS Act) faces Senate roadblocks due to Democratic concerns over Trump’s crypto ties.
  • Democrats cite Trump’s memecoin, stablecoin involvement, and potential Binance stake as raising conflict-of-interest issues.
  • Nine Senate Democrats (including previous supporters) now oppose the bill’s current form, demanding stronger safeguards.

What recently appeared as a rare opportunity for bipartisan agreement on cryptocurrency regulation has hit a significant roadblock, directly attributable to President Donald Trump’s expanding personal and business entanglements within the digital asset space.

Congressional Democrats, citing concerns over potential conflicts of interest and personal enrichment, are now expressing strong reservations about advancing landmark stablecoin legislation, jeopardizing its path forward.

The legislation in question, the Guiding and Establishing National Innovation for US Stablecoins of 2025 (GENIUS Act), successfully cleared the Senate Banking Committee in March with support from both parties, signaling a potential quick win for the crypto industry seeking regulatory clarity.

However, momentum has stalled as scrutiny intensifies over President Trump’s various crypto endeavors.

These activities include the pre-inauguration launch of his own $TRUMP meme coin, reported involvement with a new stablecoin (USD1) via the Trump family-backed World Liberty Financial, suggestions of a potential family stake in the major exchange Binance (linked to an Abu Dhabi investment deal using USD1), and a partnership between the Trump Media & Technology Group and Crypto.com.

Furthermore, an upcoming dinner exclusively for top holders of his meme coin has drawn criticism, reportedly even raising eyebrows among crypto-supportive Republicans like Senator Cynthia Lummis.

Democrats pump brakes on stablecoin bill

This backdrop prompted nine Senate Democrats, including notable figures who previously voted for the bill in committee, to issue a statement over the weekend declaring they would not support the GENIUS Act in its current form.

While their official statement highlighted necessary improvements – citing the need for “stronger provisions on anti-money laundering, foreign issuers, national security, preserving the safety and soundness of our financial system, and accountability” – other prominent Democrats linked their opposition more directly to the President’s actions.

“Since the committee vote, president Trump’s aggressive efforts to profit from stablecoins and the obvious opportunities for bribery and other influence peddling have demonstrated why it is vital that we make meaningful, substantive reforms to the bill,” stated Senator Elizabeth Warren, a leading voice on the Banking Committee, in a Monday speech.

Pushback extends beyond stablecoin specifics

The resistance reflects a growing unease among Democrats about potentially legitimizing or facilitating activities they perceive as problematic.

The concern isn’t necessarily directed at stablecoin regulation itself – the senators’ statement acknowledged that “the absence of regulation leaves consumers unprotected.”

Rather, the opposition targets the current legislative vehicle in the specific context of the President’s apparent conflicts.

Democrats appear unwilling to lower regulatory guardrails or advance crypto legislation that could be seen as enabling potential corruption at the highest level.

Further underscoring this sentiment, Democratic Senator Jeff Merkley introduced the “End Crypto Corruption Act” on Tuesday.

This proposed legislation aims specifically to prohibit the president and other high-ranking federal officials from issuing, sponsoring, or endorsing digital assets.

“Currently, people who wish to cultivate influence with the president can enrich him personally by buying cryptocurrency he owns or controls,” Merkley asserted in a statement accompanying the bill’s introduction.

Implications for broader crypto regulation

The impasse over the stablecoin bill casts a shadow over prospects for more comprehensive crypto market structure legislation, something the industry has sought for years.

The political friction generated by the President’s crypto ties makes navigating any crypto-related bill more challenging.

Representative Maxine Waters, the leading Democrat on the House Financial Services Committee, also signaled resistance this week, objecting to a joint hearing intended to address these broader market structure issues.

Financial policy analyst Jaret Seiberg of TD Cowen viewed the situation primarily through a political lens, noting that Trump’s personal stake complicates Democratic support for a bill potentially regulating his family’s business interests.

However, he still predicted the stablecoin bill could eventually pass, potentially after Democrats extract significant concessions, given the crypto lobby’s considerable political influence and resources.

Industry lobbyists, meanwhile, appear concerned by the stalling momentum, issuing statements urging lawmakers to move the GENIUS Act forward to provide necessary regulatory clarity, support stablecoin adoption, and maintain US leadership in the digital economy.

The immediate future of the stablecoin bill, however, now appears hostage to the political fallout from the President’s controversial foray into the crypto world.

The post Crypto news today: stablecoin bill hits political wall as democrats question Trump’s crypto ventures appeared first on CoinJournal.

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Stellar gains ground in RWA market, but 80% XLM supply held by few stirs concern

  • Stellar ranks third in RWA tokenisation market by value.
  • Exchange balances on Binance grow to 1 billion XLM.
  • Active wallets reach 9.5 million, growing by 5,000 daily.

Stellar (XLM) is navigating a complex landscape in 2025.

While the blockchain network continues to gain traction as a real-world asset (RWA) hub, concerns around centralisation and potential market manipulation are also intensifying.

Stellar has recorded an 84% rise in RWA-linked value this year, surpassing $500 million.

However, with nearly 80% of XLM supply controlled by just ten wallets, analysts warn of volatility risks if large holders move to sell.

Meanwhile, daily wallet growth and rising exchange balances suggest expanding adoption but also potential sell pressure.

As institutional products integrate with Stellar and retail participation climbs, investors remain split on whether the current distribution model can support long-term price stability without triggering major corrections.

XLM supply is controlled by top wallets

The top 10 wallets hold around 25 billion XLM out of a total of 30.9 billion in circulation, equating to roughly 80% of the available token supply.

Source: CoinMarketCap

This significant imbalance raises questions about decentralisation and network resilience.

In contrast, 90% of holders reportedly own fewer than 100 XLM, giving them little influence over market trends.

Such concentration could have serious implications for XLM’s price stability.

If a small number of holders were to liquidate significant volumes, the market could face sharp corrections.

The risk is further amplified by rising exchange balances, with XLM held on Binance growing from 180 million in late 2023 to 1 billion by May 2025, according to stellar expert.

This increase points to higher trading interest, but also the possibility of mounting sell pressure.

RWA tokenisation pushes XLM adoption

Despite supply concerns, Stellar has made clear inroads into the tokenisation of real-world assets — a sector drawing institutional capital and crypto-native investment in 2025.

Stellar currently ranks as the third-largest protocol by RWA market capitalisation, trailing only Ethereum and ZKsync Era.

Institutional-grade products like the Franklin Templeton OnChain US Government Money Fund, valued at $497 million, and Circle’s USDC stablecoin with $345 million on the Stellar chain, have helped push the total RWA value on Stellar to over $500 million.

This is up from $275 million in January, marking an 84% increase within five months.

Such growth signals that more traditional financial institutions are considering Stellar as an alternative to Ethereum for tokenized assets.

Faster transactions and lower costs remain key attractions.

On-chain growth supports the adoption trend

The XLM network has also shown strong user base expansion. Stellar’s active accounts grew from 7.2 million in 2023 to 9.5 million by May 2025.

This represents an average addition of about 5,000 wallet addresses daily. The growth helps counterbalance the impact of concentrated holdings, as demand rises across a broadening user base.

This daily activity reflects more than speculative trading.

It suggests growing confidence in Stellar’s long-term utility, particularly in the RWA sector.

While increased circulating supply often raises concerns about dilution or dumping, in Stellar’s case, it appears aligned with deliberate expansion strategies aimed at onboarding more institutional and retail users.

Market remains divided on centralisation risks

While Stellar’s RWA integrations and active user growth highlight ongoing demand, the risk associated with token concentration cannot be overlooked.

If the top holders — or “whales” — choose to exit positions, price shocks are likely.

However, if network development continues alongside strategic RWA partnerships, the Stellar blockchain could retain and grow its niche within the broader crypto asset ecosystem.

Although Stellar’s fundamentals appear strong, investors are likely to remain cautious until the network addresses its centralisation risks.

Efforts to increase token distribution, improve governance, or introduce staking mechanisms may help mitigate future volatility.

The post Stellar gains ground in RWA market, but 80% XLM supply held by few stirs concern appeared first on CoinJournal.

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Meme coins swing wildly as Zerebro, Fartcoin, and Lofi diverge

  • Developer-linked wallet sold $1.27M worth of ZEREBRO tokens.
  • Fartcoin struggles to hold key support after recent rally.
  • Technical charts suggest further swings are likely across tokens.

The meme coin market is experiencing heightened volatility, with projects like Zerebro, Fartcoin, and Lofi all moving sharply in opposite directions.

Zerebro (ZEREBRO) has plunged over 22% this week following a series of developments involving its developer, Jeffy Yu, including a staged death hoax and a large-scale token dump.

Meanwhile, Fartcoin is undergoing a correction after briefly touching a $1 billion market cap.

In contrast, Lofi has emerged as a breakout performer in the SUI ecosystem, soaring over 321% in the past 30 days and gaining significant investor traction.

The divergence reflects growing speculation and risk across meme coin trading desks.

Zerebro developer hoax triggers $1.27M token dump

Zerebro (ZEREBRO), which launched in November 2024 with a maximum supply of 1 billion tokens, has seen its value tumble after a controversial episode involving its creator.

A token named $LLJEFFY was introduced on May 4, accompanied by a blog post from developer Jeffy Yu.

Days later, a fake obituary was posted on Legacy.com, and both Jeffy’s and Zerebro’s official X accounts were deleted, fuelling rumours of his death.

The situation escalated when crypto figure Daniele Sesta publicly claimed that Yu was alive, later presenting proof. Jeffy then confirmed he had faked his death in an attempt to escape mounting online harassment.

Notably, on-chain data from Lookonchain revealed that a wallet connected to Yu sold 35.55 million ZEREBRO tokens, worth approximately $1.27 million, just 11 hours before the hoax was exposed.

ZEREBRO’s price has since declined to around $0.035 as it approaches a potential death cross on technical charts.

A further drop below the $0.025 support could send it down to $0.0189.

Source: CoinMarketCap

However, if sentiment improves, the token may retest resistance at $0.041 and potentially reach $0.054 or $0.066.

Fartcoin loses steam after hitting $1 billion valuation

Fartcoin, once a trending meme coin, is currently under pressure.

After reaching a peak valuation of $1 billion, the token has entered a correction phase.

While it still retains a significant market cap, the price has dropped back toward key technical levels.

If current losses continue, Fartcoin could fall to support at $0.944.

A breach of this level may lead to further declines toward $0.797 or $0.717.

On the upside, a recovery could target resistance at $1.06, and surpassing that may open the door to $1.20 or even $1.28.

Source: CoinMarketCap

The decline coincides with lower social media mentions and a decrease in meme trading volume, suggesting waning enthusiasm compared to its peak.

Lofi outperforms with a 321% rise in 30 days

LOFI, which launched in December 2024, has emerged as a top performer within the SUI meme coin ecosystem.

With a circulating and maximum supply of 1 billion tokens, LOFI currently holds a market cap of $31.95 million.

It posted a 13% gain in the past 24 hours and is up 321% over the last month.

Source: CoinMarketCap

The token’s price is currently approaching resistance at $0.042. If the uptrend holds, LOFI could rally to $0.0546.

On the downside, support lies at $0.025, and a break below this level may trigger a correction to $0.0228.

Lofi’s rapid rise positions it as a major contender within the SUI ecosystem, where dominance is still up for grabs.

The momentum suggests that traders are rotating capital into newer meme coins with perceived growth potential.

Market sentiment remains mixed amid rising volatility

The divergent performances of ZEREBRO, Fartcoin, and LOFI reflect a broader theme of unpredictability in the meme coin space.

While developer drama can erode investor trust, as seen with ZEREBRO, strong technical momentum and ecosystem hype, like in the case of LOFI, can still draw in substantial capital.

As retail traders and speculators continue to chase high-risk, high-reward tokens, meme coins remain one of the most volatile segments of the crypto market.

Short-term sentiment, community engagement, and social media narratives continue to exert disproportionate influence on prices.

The post Meme coins swing wildly as Zerebro, Fartcoin, and Lofi diverge appeared first on CoinJournal.

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Cardano price forecast 2025–2030: Is ADA set to surpass $10 by the end of the decade?

  • Technicals suggest a possible May breakout to $0.80.
  • 2025 forecast shows ADA could reach $1.4045.
  • Analysts offer varied 2025 targets, up to $2.62.

Cardano (ADA) is gaining renewed market traction, with its price rising 3.87% in 24 hours to $0.66.

This uptick comes amid broader market consolidation, positioning ADA among the top-performing altcoins of the day.

Source: CoinMarketCap

Backed by sustained developer activity, new integrations, and a robust roadmap, Cardano is once again drawing investor attention.

With key upgrades in the pipeline and Fiat Utility expanding, ADA’s long-term price projections suggest consistent growth through to 2030.

Analysts remain divided on short-term resistance levels, but overall sentiment leans optimistic as the altcoin season approaches and network improvements continue to roll out.

Strong on-chain activity and higher developer engagement levels further contribute to the case for Cardano’s price recovery.

ADA gains real-world utility

Cardano’s recent integration with Mastercard and crypto exchange Kraken now allows ADA to convert directly to fiat at millions of retail outlets.

This gives the token real-world spendability, which enhances its practical use case compared to many altcoins.

The network continues to focus on compliance and institutional readiness, aided by the long-awaited Leios upgrade, which is expected to significantly improve scalability.

The upgrade, in development for over six years, addresses throughput limitations and strengthens Cardano’s position in the broader blockchain ecosystem.

May 2025 price setup

On the technical side, ADA is trading above its 9-day simple moving average.

The RSI sits near 58, suggesting modest bullish momentum without nearing overbought conditions. A small ascending triangle pattern is forming on the charts, hinting at a possible breakout.

Resistance sits at $0.78. If that barrier is breached, ADA could retest the $0.80 mark in May. On the downside, $0.67 provides short-term support.

A drop below this could push the price back to $0.62. Current analysis suggests an average trading range between $0.70 and $0.75 for the month.

Long-term targets to 2030

Cardano’s projected growth through 2025 and beyond is underpinned by its roadmap and rising adoption.

For 2025, ADA could climb as high as $1.4045, with an average price of $0.8778.

A more conservative view puts the lower bound around $0.3511.

In 2026, the token may trade between $2.76 and $3.30, with the average pegged at $3.03.

By 2027, ADA could reach a high of $5.03. In 2028 and 2029, average prices are forecast to hit $5.51 and $7.235, respectively.

Looking ahead to 2030, Cardano is expected to reach between $9.12 and $10.32.

These forecasts assume successful implementation of the Leios upgrade, increasing adoption, and favourable market conditions.

Continued ecosystem development, such as DeFi growth and new partnerships, may also serve as catalysts.

Analyst estimates vary

Forecasts from leading platforms present a wide range of targets.

Changelly predicts ADA could hit $1.12 in 2025, while Coincodex sees a higher upside at $2.23.

Binance’s estimate is more modest at $0.93.

Each platform uses different assumptions, from technical indicators to adoption timelines, explaining the variation.

However, most forecasts suggest a steady upward trajectory.

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