Binance’s BNB is up 2.5% in the last 24 hours but could rally higher amid a strong market recovery.
Former executives from Coral Capital Holdings are planning to launch a BNB treasury firm, and this could see BNB’s price surge.
Build & Build Corporation to raise $100M to launch a BNB treasury
Former executives from Coral Capital Holdings have launched a firm called Build & Build Corporation and intend to invest in a BNB treasury. This is according to a recent report by Bloomberg.
According to the report, the firm is looking to raise $100 million to fund this plan. Build & Build Corporation will be led by former Coral Capital execs, including Patrick Horsman, Joshua Kruger, and Johnathan Pasch. The company also intends to go public through a reverse buyback of an unidentified Nasdaq-listed company.
The move could see BNB’s price soar in the medium to long term. Companies such as Strategy, Metaplanent, and GameStop have billions of dollars worth of Bitcoin treasury. A similar approach by Build & Build Corporation could see BNB’s price hit a new all-time high.
BNB eyes $700 amid improved fundamentals
BNB, the native coin of the Binance ecosystem, has performed positively over the last 24 hours following a bearish weekend. At press time, BNB is trading at $638, up 2.5% in the last 24 hours.
The positive performance comes amid the ceasefire between Israel and Iran. If the bullish momentum persists, BNB could surge to the $700 level soon. The technicals have also improved to reflect the current price action.
The BNB/USD 4-hour chart shows that the bulls are regaining control of the market. The RSI of 55 shows that BNB is moving into the positive zone after spending days in the negative territory.
The blue and red MACD lines are crossing into the positive region, indicating a strong bullish momentum for BNB. If the bullish trend persists, BNB will test the first major resistance level at $676 soon. In case of an extended rally, BNB could hit the $700 mark for the first time since February.
Token still near 2025 low despite short-term bounce.
Market activity remains muted across the Hedera network.
Recovery possible if price breaks above $0.15 zone.
Hedera’s native token HBAR is under mounting pressure as the network struggles with a sharp drop in stablecoin supply and declining market activity.
Despite gaining 5.61% in the past 24 hours to trade at $0.1372, HBAR remains close to its year-to-date low.
Over the past week, the token lost as much as 15% before staging a short-term bounce.
Meanwhile, Hedera’s stablecoin reserves have plummeted by more than 80% in just a month, highlighting severe liquidity issues that could weigh further on the token’s price.
Unless capital inflows pick up and on-chain activity rebounds, HBAR may breach critical support and extend its decline.
Stablecoin liquidity on Hedera drops to $41 million
According to data from DefiLlama, Hedera’s total stablecoin supply has declined to $41 million, marking its lowest level in the past 90 days.
This is a sharp reversal from the $216 million peak recorded last month.
The 80% drop reflects a broader decline in liquidity and user participation across the Hedera ecosystem.
Stablecoins are widely used as proxies for capital deployment in decentralised networks.
A significant contraction in their supply usually indicates reduced investor appetite for trading, lending, or yield farming.
This weakening demand reduces pressure on the native token to serve as gas or collateral, thereby putting more downside risk on HBAR.
If the stablecoin outflows continue, it may signal that users are migrating to alternative blockchains with more attractive yields or higher activity levels.
This could further strain Hedera’s token economy and its ability to retain value in a highly competitive decentralised finance (DeFi) landscape.
The sharp reduction in stablecoin reserves has created a liquidity crunch on the Hedera network.
This restricts user activity and narrows the avenues for deploying capital.
As a result, network participation has stagnated, and fewer tokens are circulating in DeFi protocols or decentralised applications.
Without a recovery in stablecoin activity or a major catalyst to draw new users, HBAR’s fundamentals may continue to deteriorate.
In such a scenario, the market could see sustained selling pressure as investors rotate out of underperforming assets.
A break below $0.13 could trigger further losses, with lower support zones yet to be tested.
However, the current outlook may shift if buyers begin to accumulate at discounted levels.
Reversal possible if bulls reclaim $0.15
Despite the prevailing downtrend, a bullish reversal is still possible.
If investor sentiment improves and stablecoin liquidity returns to the Hedera network, it could spark renewed interest in HBAR.
A decisive move above $0.15 would be the first technical signal of recovery.
Such a breakout would allow HBAR to challenge the $0.17 resistance next, potentially reversing the multi-week bearish structure.
Until then, the token remains vulnerable to further losses, especially if macro market conditions stay risk-averse or network fundamentals weaken further.
Open interest fell 36%, funding rates turned negative.
Death cross and descending triangle indicate more downside.
XRP is facing renewed downside pressure as a combination of geopolitical instability, regulatory uncertainty, and weakening network metrics push the token closer to a critical breakdown.
The cryptocurrency, once buoyed by optimism surrounding a possible XRP ETF and Ripple’s courtroom wins, is now testing major support near the $2 mark. However, XRP has rebounded slightly and is now up by 3.34%, trading at $2.02.
With bearish technical formations in place and key indicators flashing red, analysts suggest the next move could drag XRP down toward $1.47—or worse.
ETF delay and macro risks hurt sentiment
Investor confidence took a hit after the US Securities and Exchange Commission postponed its decision on the Franklin Templeton spot XRP ETF.
This marked the latest in a series of regulatory setbacks for crypto assets in the US, fuelling speculation that XRP’s institutional adoption may take longer than expected.
The delay, announced last week, coincided with rising geopolitical tensions in the Middle East. As fears of a broader conflict mounted, Bitcoin and other major altcoins were caught in a widespread risk-off move.
XRP was particularly affected, entering one of its longest losing streaks in over a month.
This double blow—the ETF delay and broader crypto selloff—triggered a rapid loss of momentum, with XRP now trading just above its crucial $2 level. Today’s move above $2.00, however, signals a short-term bounce that traders are watching closely.
On-chain metrics flash weakness
Network data is showing signs of deterioration.
Total value locked (TVL) on the XRP Ledger has dropped approximately 12.5% to US$54.2 million, indicating reduced participation and weakening decentralized finance activity.
This decline has cast doubt on XRP’s use-case strength, especially as competing networks show more resilient metrics under similar market conditions.
Open interest in XRP derivatives has also plunged by nearly 36%, with funding rates turning negative. These data points suggest traders are shifting to a more bearish stance, expecting lower prices ahead.
XRP is displaying a descending triangle pattern on technical charts—often considered a bearish signal—alongside a “death cross” where the 50-day moving average dips below the 200-day average.
Support zones and possible downside targets
According to technical analyst EGRAG Crypto, the $2.10–$2.09 range had served as a major support level aligned with the 200-day moving average.
But repeated tests have weakened this zone, making a decisive break more likely.
If XRP fails to hold above $2, the next demand zone sits between $1.90 and $1.77.
A further breakdown could see XRP testing the $1.47 support level, and in the worst-case scenario, analysts warn of a sub-$1 drop if panic selling sets in.
But with today’s recovery to $2.02, the $2 mark may hold for now, at least temporarily delaying this downside path.
ETF hopes and bounce arguments remain
Despite the bearish setup, some market participants remain optimistic. XRP recently showed a quick V-shaped recovery from around $1.91 to reclaim the $2 level, backed by roughly US$4 billion in futures trading volume.
This bounce, while short-lived, demonstrated that there is still demand at lower levels.
CasiTrades, a well-followed trader, has suggested that a successful defence of the $2 level could open up a path toward $3, especially if volume holds and macro news improves.
Meanwhile, event-based prediction platform Polymarket shows more than 80% odds for a spot XRP ETF approval later this year, giving bulls a potential catalyst to look forward to.
With XRP now trading at $2.02, attention is back on whether this bounce has enough volume and momentum to push further upward—or whether sellers will return around this level.
Outlook hinges on technicals and regulation
XRP is now at a crucial inflection point. If the $2 support level fails to hold, downside risks could accelerate, potentially taking the price toward $1.47 or lower.
On the other hand, holding above $2 amid improving ETF sentiment and calming geopolitical tensions could set the stage for a reversal toward $2.30–$2.33 and beyond.
Market watchers are advised to monitor ETF news closely, particularly from the SEC, while keeping an eye on network metrics and price behaviour around key support levels.
Ethereum’s ETH is trading above $2,200 after dropping to the $2,100 range on Sunday.
Whales have opened $100 million worth of leveraged bets as they predict Ether to bounce back following the United States’ strike on Iran’s facilities.
Whales bet big on Ether’s recovery
Ether, the second-largest cryptocurrency by market cap, lost 14% of its value over the last seven days. The bearish performance saw it hit a low of $2,113 on Sunday. However, it has slightly recovered and now trades at $2,242 per coin.
Despite the uncertainty in the market, Ethereum whales are confident that Ether’s price could soar higher soon. Data obtained from Hypurrscan indicates that one whale opened an Ether long position of over $101 million with 25x leverage at the entry price of $2,247. His position stands to be liquidated if Ether’s price falls below $2,196.
While this whale is opening long positions, HyperDash revealed that 64% of the industry’s most successful cryptocurrency traders are currently shorting the world’s two largest cryptocurrencies, while only 36% remain long.
ETH could drop to $1,887 if bulls fail to defend the $2,100 support level
The ETH/USD pair is at a critical level, with bulls and bears battling for control. After holding the support level at $2,100 over the weekend, the bulls are confident that ETH could rally towards the transactional liquidity at $2,500 in the near term.
However, the technical indicators show that the pair remains bearish. The MACD is still within the negative territory, while the RSI of 33 shows that ETH is still facing selling pressure from investors.
If the bearish trend continues, ETH could test the support level around $2,100 once again. Failure to hold this support level could see ETH hit the $1,887 mark for the first time since May.
AVAX is trading above $17 per coin after hitting the $15.90 mark on Sunday.
Despite its recovery, AVAX could retest the $15 low before surging higher.
AVAX surges 2% as broader market recovers
The cryptocurrency market is having a positive start to the week following a bearish weekend. Bitcoin, ETH, AVAX, and other major cryptocurrencies have bounced back from yesterday’s lows and could rally higher soon.
AVAX, the native coin of the Avalanche blockchain, has added 2.5% to its value over the last 24 hours, making it one of the top performers among the top 20 cryptocurrencies by market cap.
At press time, the price of Avalanche stands at $17.11 and could rally towards $20 soon. However, the market could retest the $15 low as the bearish trend is still in play. Its performance could depend on the broader crypto market and the ongoing crisis between Israel and Iran.
AVAX could test $15 before rallying higher
The AVAX/USDT 4-hour chart shows that the pair is still bearish despite the recent recovery. The pair could test the $15 low soon before rallying higher.
The relative strength index (RSI) of 45 shows that the bears remain in control, but the pair could be heading into neutral territory. The MACD is also within the negative region thanks to the bearish sentiment.
If the bullish trend continues, AVAX could target the 4-hour internal liquidity level at $17.58 in the coming hours. An extended bullish run would enable AVAX to hit the $20 mark for the first time since June 16th.
However, the technical indicators remain bearish, suggesting that AVAX could still dip lower. AVAX could test the support level at $14.61 soon if the bearish momentum on the higher timeframe holds. Failure to defend the support level at $14.61 could see AVAX hit the $12 mark for the first time since November 2023.
