ZRO soars 22% as LayerZero proposes to acquire Stargate Finance

Key takeaways

  • LayerZero’s ZRO outperformed the market, adding over 20% to its value in 24 hours.
  • The rally comes after LayerZero submitted a proposal to acquire Stargate Finance.

ZRO rallies on Stargate acquisition proposal

ZRO, the native coin of the LayerZero ecosystem, is one of the best performers in the market over the last 24 hours. The coin added 22% to its value during that time, allowing it to hit the $2.5 mark for the first time since May.

The rally was fueled by LayerZero’s proposal to acquire Stargate Finance (SGT). LayerZero Foundation proposed a $110 million acquisition of the Stargate bridge to the Stargate DAO.

With the proposal now in place, STG token holders will soon vote on the proposal. If approved, the STG token would be discontinued, and holders could swap STG for ZRO. SGT also rallied by over 15% since the announcement, as the proposal already has a 70% approval threshold. The proposal stated that,

“This offer is designed to accelerate both Stargate and LayerZero, giving Stargate the resources to ship on an aggressive roadmap that expands its prerogative outside of bridging, while tying an incredible, revenue-generating protocol that touches the end-consumer deeper into the LayerZero ecosystem.”

ZRO targets $2.8 as bullish momentum remains

The recent rally has seen the ZRO/USDT pair become bullish, with technical indicators pointing to potential upward movement. However, the pair is inefficient, suggesting that ZRO could temporarily dip to grab liquidity before rallying higher.

The RSI of 79 shows that ZRO is heading into the overbought region if the rally continues. The MACD lines are within the positive territory, indicating that buyers are currently in control.

ZRO/USDT 4H Chart

If the rally persists, ZRO could target the next resistance level at $2.8 over the next few hours or days. An extended bullish trend could pave the way for ZRO to hit the $3 psychological mark.

However, if the market undergoes a correction or retracement, ZRO could drop to the first liquidity region at $2.0. Failure to defend this liquidity zone would see ZRO retest the TLQ at $1.89.

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Best presale crypto to buy now: why Bitcoin Penguins is grabbing eyeballs

  • This year, no presale has captured more attention than Bitcoin Penguins (BPENGU).
  • Part of BPENGU’s appeal is its fusion of meme coin culture with Bitcoin’s network credibility.
  • If BTC continues to range near all-time highs, altcoins like BPENGU could see outsized gains.

Crypto presales have long been a fertile ground for high-risk, high-reward plays, allowing early investors to get in before tokens hit the open market.

Prices often rise gradually during presales, and when executed well, these campaigns can produce life-changing returns.

This year, no presale has captured more attention than Bitcoin Penguins (BPENGU).

Launched just 2 weeks ago, BPENGU has already raised over $2 million, making it one of the fastest-growing presale tokens of 2025 so far.

And unlike many presales that drag on for months, Bitcoin Penguins is operating on a compressed timeline: the goal is to close funding within the next 20 days or the moment it reaches $10 million.

That urgency is creating a fear of missing out, rarely seen in this sector.

At its current stage price of $0.00134, early buyers are looking at a direct path to potential short-term profits, with the first opportunity to sell coming right after the confirmed September 2 exchange listing.

But the bigger draw is the longer-term target — the development team is aiming for a $2 price by the end of the year.

That’s a projected gain of over 100,000%, meaning a $1,000 investment now could, in theory, grow to around $1 million.

Why BPENGU stands out

Part of BPENGU’s appeal is its fusion of meme coin culture with Bitcoin’s network credibility.

Its closest thematic cousin, PENGU, soared to a $3.24 billion market cap in just six months — proof that penguin-themed assets have staying power.

But BPENGU’s roadmap suggests a more strategic approach: exchange listings in Q3, partnerships with toy manufacturers, the launch of a BTC/BPENGU pair, and multi-chain expansion.

The marketing narrative also leans into the broader altcoin season trend, where meme-themed tokens historically outperform during Bitcoin consolidation phases.

If BTC continues to range near all-time highs, altcoins like BPENGU could see outsized gains.

That mix of narrative and execution is attracting both retail speculators and seasoned crypto traders.

Macro tailwinds for risk assets

The presale boom is unfolding against a supportive macro backdrop.

Over the weekend, Federal Reserve Governor Michelle Bowman signalled she supports three interest-rate cuts this year, with the first potentially arriving in September.

Lower borrowing costs generally increase liquidity in the market, boosting investor appetite for riskier assets like altcoins and presales.

With crypto markets already showing renewed strength, and a unique presale model that rewards both speed and conviction, Bitcoin Penguins is positioning itself as more than just another viral token — it’s shaping up to be the standout presale of 2025.

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Meme coins that will explode: Bitcoin Penguins targets 1000× gains with September debut

  • BPENGU raises $2.26M in presale, targets $1B FDV by October and $2 price by November 2025.
  • 30-day BPENGU presale ends Aug 27 or at $10M cap, rewarding early buyers with 75% gains.
  • Bitcoin Penguins fuses BTC’s credibility with meme appeal, listing confirmed for Sept 2.

Bitcoin Penguins (BPENGU), a new entrant in the meme-coin space, aims to combine the memetic momentum of penguin-themed tokens with the market credibility of Bitcoin’s “digital gold” narrative.

The project is positioning itself as the next evolution of the penguin token trend that saw Pudgy Penguins (PENGU) rise over 174% in the past 90 days.

Unlike many presales that remain open-ended, BPENGU’s sale runs for a maximum of 30 days—from 28 July to 27 August—or until its $10 million hard cap is reached.

The token’s claim and listing date have been set for 2 September, giving investors a fixed timeline from launch to market entry.

The presale follows a staged pricing structure across 15 phases, with a 5% price increase per stage.

Early buyers in Stage 1 at $0.00100 will see a 75% gain by Stage 15’s $0.00198 price, even before trading begins.

The memecoin has made investors pay attention with the presale raising $2.26 million so far,

The project’s roadmap targets a $50 million fully diluted valuation (FDV) by September, and an ambitious $1 billion FDV in October, with a $2 target price in November 2025.

Combining Bitcoin’s thesis with meme-coin virality

Bitcoin Penguins aims to capitalise on two major forces in cryptocurrency: Bitcoin’s long-term investment thesis and the viral appeal of penguin-themed digital assets.

While Pudgy Penguins operates on Ethereum, BPENGU’s narrative is grounded in Bitcoin’s perceived stability and scarcity, combined with the community-driven, high-engagement model of meme tokens.

The project’s backers are positioning BPENGU as the “next PENGU,” suggesting that capital could shift from existing penguin tokens toward this Bitcoin-backed variant.

The presale’s design encourages early participation, with its incremental price increases rewarding first-stage buyers.

BPENGU’s marketing narrative also draws on the wider altcoin season trend, where meme-themed tokens have outperformed during periods when Bitcoin consolidates.

In this context, the confirmed listing date and capped presale duration are intended to create scarcity and investor urgency.

Roadmap targets and Increasing institutional support for BTC

The roadmap for late 2025 is ambitious.

Following the September listing, the project aims to reach a $50 million FDV in its first month, scaling to $1 billion in October.

It is targeting a price of $2—representing a potential 1000× return for early buyers—by November, and one million token holders by year-end.

Longer-term plans include multi-chain expansion, partnerships with toy manufacturers, and even a novelty “Buy Antarctica” conservation campaign under a DAO governance framework.

The project’s positioning coincides with broader developments in the Bitcoin ecosystem, including institutional adoption.

Recently disclosed SEC filings revealed Harvard University invested $116.6 million into BlackRock’s Bitcoin ETF, IBIT, making it the university’s fifth-largest portfolio holding.

While unrelated to BPENGU directly, such institutional moves are part of the macro backdrop the project cites as supportive of Bitcoin-aligned tokens.

With a defined presale end date, a confirmed listing, and a marketing strategy built on both scarcity and meme appeal, Bitcoin Penguins is entering the market with a focused proposition.

As the coin continues its journey towards listing, it is gearing up to replicate and surpass the success of its penguin predecessors.

 

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YALA token explodes on Binance leverage listing and cross-chain expansion

  • YALA jumped 50% after the Binance 50x leverage listing.
  • Cross-chain launch on Base and Solana boosts adoption.
  • The RSI is near 90, signalling overbought conditions and risk of pullback.

The price of the YALA token has today jumped by over 50%, hitting a high of $0.4451. Within the past 24 hours alone, YALA has gained more than half its value, far outpacing the broader crypto market’s performance.

The main reason for the sudden YALA price explosion is Binance’s new 50x leverage listing, which has amplified speculative interest in the cryptocurrency.

Binance leverage trading launch fuels massive rally

Binance’s introduction of YALAUSDT perpetual contracts with up to 50x leverage on August 8 has been a major catalyst.

Such listings often trigger heightened volatility, as traders rush to take advantage of amplified gains.

This time has been no exception. On the first day of trading, YALA’s derivatives volume soared to $276 million, even after a late-session dip in activity.

The influx of speculative positions has significantly boosted market liquidity, while also increasing the risk of sharp pullbacks if momentum fades.

Market analysts are closely watching open interest and funding rate trends on Binance’s derivatives platform to gauge whether the rally can maintain its pace.

A sustained build-up in long positions could keep prices elevated, but a sudden wave of liquidations might reverse gains just as quickly.

Cross-chain expansion drives long-term optimism

Beyond speculative trading, YALA’s cross-chain growth is adding substance to the rally.

The token has officially launched on Base, Coinbase’s Ethereum Layer-2 network, while also deepening its integration with Solana.

The move allows Bitcoin-backed liquidity to flow seamlessly across multiple chains, opening up new DeFi yield opportunities for BTC holders without requiring them to sell their assets.

According to Yala’s latest updates, the protocol’s total value locked reached $220 million in July, a sign of growing adoption.

Base’s compliance-focused infrastructure also gives US-based users direct access to Yala’s marketplace and RealYield programs.

Combined with Solana’s high-speed capabilities, this positions YALA to tap into both regulated and high-performance DeFi ecosystems.

Recent product announcements have also strengthened investor confidence.

On August 7, Yala relaunched its Transparency Hub, giving the community real-time access to metrics such as TVL, collateralization ratios, USDC reserves, and token circulation.

The same day, Yala kicked off a month-long trading competition on PancakeSwap, offering $50,000 in YALA-specific rewards to eligible traders.

This initiative is expected to boost retail participation and increase liquidity on the decentralised exchange.

Overheated technicals signal caution

While the fundamentals are improving, technical indicators suggest that the rally may be overheating.

YALA’s seven-day relative strength index recently hit 89.52, well into overbought territory.

In the past week alone, the token has surged 151%, lifting it well above its short-term moving averages.

If the price falls below the $0.40 level, profit-taking could accelerate and trigger a short-term correction.

However, holding above $0.42 would signal that bullish momentum remains intact and could extend the rally.

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XRP gains legal clarity in US after Ripple settles SEC case

  • Settlement confirms XRP is not a security in the US.
  • Analysts see potential for a BlackRock XRP ETF.
  • Bitcoin maximalists renew criticism of XRP.

Ripple’s multi-year legal battle with the US Securities and Exchange Commission reached a decisive conclusion this week, triggering a sharp rally in XRP’s price and trading volume.

The settlement confirmed that Ripple’s past programmatic and institutional sales of XRP were lawful, removing a major source of uncertainty that had weighed on the token since the lawsuit began.

Within hours of the news, XRP surged 5.21% to $3.22, while trading volume climbed 164.43%, signalling renewed confidence from both retail and institutional traders.

XRP price
Source: CoinMarketCap

Analysts say the ruling could reshape market perceptions of XRP and potentially pave the way for future institutional products tied to the asset.

Ripple settles XRP sales dispute with SEC

Pro-XRP lawyer Bill Morgan announced that the legal dispute over Ripple’s previous programmatic and institutional XRP sales has been resolved with the SEC.

The clarification confirms that these sales were compliant under US law, establishing that XRP itself is not a security.

This development follows years of litigation that placed XRP under intense regulatory scrutiny, with Ripple and its community consistently challenging the SEC’s stance.

The resolution has been widely interpreted as a significant turning point for the asset, particularly in the United States market.

Analysts note that the combination of legal clarity and increased liquidity could drive more institutional participation in the months ahead.

Market impact and institutional prospects

The latest ruling has bolstered expectations that large financial institutions may reconsider their stance on XRP.

Some market commentators have even suggested that asset management giant BlackRock could explore an XRP exchange-traded fund, a move that would broaden access to the token for mainstream investors.

While no official ETF filing has been made, industry experts believe XRP’s regulatory clarity gives it a competitive advantage over other digital assets still facing classification uncertainty.

This could help position XRP as a viable option for both cross-border payment solutions and investment products.

Ongoing friction with Bitcoin advocates

The settlement has reignited debates between the XRP and Bitcoin communities. Bitcoin-only advocates have continued to brand altcoins as securities, with MicroStrategy chairman Michael Saylor repeatedly asserting that only Bitcoin qualifies as a commodity.

Morgan pushed back against these claims, highlighting XRP’s performance since its launch, which he calculated as exceeding 50,000% growth.

He also responded to recent criticism from Bitcoin maximalists such as Adam Livingston, who alleged that Ripple could use banks to offload XRP onto retail investors.

XRP price and adoption potential

Traders are now monitoring whether XRP can sustain its upward momentum. The recent surge, combined with the removal of legal uncertainty, has given the asset a stronger market position.

However, the cryptocurrency landscape remains highly competitive, and community sentiment continues to influence market moves.

If institutional interest materialises, analysts expect XRP could see further demand growth, especially if new investment products are introduced.

The ruling may also spark fresh regulatory conversations around the status of other digital assets, potentially influencing the broader crypto market.

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