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Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Pi Coin Faces Pump-and-Dump After Network Upgrade

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Pi coin plunged 10% to below $0.35 after a failed rally to $0.40 following last week’s Pi Network Linux Node upgrade. The surge triggered a classic pump-and-dump, prompting heavy sell-offs. Pi coin reserves on centralized exchanges hit a record 420 million PI, up from 409 million in mid-August. Over 11 million PI moved to exchanges in two weeks. Rising exchange deposits and token unlocks create fresh selling pressure. More than 164 million PI tokens will unlock in September. Low trading volume, under $100 million daily, adds liquidity risk. These factors threaten further declines for Pi coin. On the upside, Pi Network expanded fiat on-ramp with Onramp Money. Users in over 60 countries can now buy PI directly in local currencies. Further protocol updates and KYC upgrades may support recovery. Traders should watch exchange reserves, token unlock schedules and market liquidity. Pi coin faces a make-or-break moment as token supply rises amid low demand.
Bearish
Pi CoinPump-and-DumpToken UnlockExchange ReservesMarket Liquidity

Schiff Slams Bitcoin as Whales Move Funds to Ethereum

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Gold advocate Peter Schiff criticized Bitcoin’s recent price drop, stressing its underperformance against rising gold and silver. Bitcoin (BTC) slipped below $110,000 from its $123,000 all-time high, trading around $109,000 with a $2.17 trillion market cap and $59.6 billion 24-hour volume. Schiff warned BTC could fall to $75,000 and urged investors to sell. At the same time, a major whale sold 2,000 BTC (≈$215 million) to acquire 48,942 ETH, raising its holdings to 886,371 ETH (≈$4.07 billion). This shift highlights growing institutional adoption of Ethereum and signals bearish sentiment for Bitcoin in the near term.
Bearish
Bitcoin VolatilityPeter SchiffEthereum ShiftWhale ActivityMarket Reaction

Whale Shifts $4B from BTC to ETH Amid ETF Inflows

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An Ethereum whale dormant for seven years has reemerged since August, selling Bitcoin to accumulate roughly 886,371 ETH (about $4 billion). On September 1, Lookonchain data show it swapped 2,000 BTC for 48,942 ETH in four hours, following a prior sale of 4,000 BTC for 96,859 ETH—bringing its one-day ETH haul to nearly 145,800 ETH. Arkham Intelligence notes the whale’s initial BTC holdings exceeded $5 billion and that it spent $2.5 billion on ETH in one week. ETF flow data from SoSoValue reveal $751 million net outflow from Bitcoin spot ETFs in August versus $3.87 billion net inflow into Ethereum spot ETFs. Analysts point to growing regulatory clarity under the GENIUS Act and a diversification trend into smart-contract chains like Solana (SOL) as drivers of rotation. Traders should monitor ETH price action under mounting whale and institutional demand, which could fuel further ETH upside and exert selling pressure on BTC.
Bullish
Ethereum whaleBTC to ETH rotationETF flowsMarket rotationWhale transactions

XDC Network Invests in Kasu Finance, Eyes 76% DeFi Breakout

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XDC Network has deepened its DeFi strategy with a strategic investment in Kasu Finance, a platform developing blockchain tools for real-world trade finance. This move positions XDC as a leader in trade-related digital assets while strengthening its role in decentralized finance. Alongside this deal, XDC is co-hosting the Finternet Accelerator Investor Day in Singapore on September 30, 2025, showcasing startups from its accelerator program backed by Microsoft, Bitrue and Klink Finance. On the technical front, XDC/USD formed a bullish falling wedge on the 4-hour chart, suggesting a potential 76% rally toward $0.1389 from the current $0.0788, supported by accumulation volume. The RSI at 42.96 and a converging MACD profile indicate consolidation with room for upside momentum. A confirmed breakout above the 50-period EMA at $0.0799, coupled with volume, could trigger a significant rally, reinforcing bullish sentiment for XDC traders.
Bullish
XDCDeFiTrade FinanceTechnical AnalysisFinternet Accelerator

Solana Needs $210 Close to Trigger $400 Breakout

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Analyst DusXBT identifies a Solana (SOL) ascending-triangle formation on daily and weekly charts. Solana must record a decisive close above $210 with above-average volume to confirm the breakout. On confirmation, immediate targets are $250 and $260–$280, with a midterm extension toward $400. A failure to clear $210 or a drop below the rising trendline risks a decline to the $180–$170 support zone. On-chain metrics remain strong: TVL at $11.4 billion, stablecoin supply of $12.8 billion, 24-hour DEX volume of $2.6 billion, over 2 million active addresses, and 408 million SOL staked. Derivatives data show rising open interest and balanced funding rates. SOL outperforms BTC but lags ETH, while the RSI sits in neutral territory.
Bullish
SolanaTechnical AnalysisCryptocurrency TradingAscending TriangleOn-Chain Metrics

How to Buy Toshi Coin in India: 5 Easy Steps

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Toshi (TOSHI) is a meme-inspired token launched on Coinbase’s Base blockchain. Domestic platforms like Mudrex and CoinSwitch support direct INR deposits via UPI and net banking, making it simple to buy Toshi Coin in India. Global exchanges such as KuCoin, Gate.io and Coinbase require traders to acquire USDT through P2P trading before converting to TOSHI. This guide covers five steps: choosing an exchange, completing KYC, depositing INR or acquiring USDT, placing a TOSHI order, and securing your tokens in an exchange or private wallet. Remember that crypto profits attract a 30% tax and 1% TDS. Due to high price volatility of meme tokens, always check the latest TOSHI/INR rate. Beginners benefit from INR-friendly apps, while experienced users may prefer global exchanges for deeper liquidity. For added security, transfer Toshi to a private wallet and safeguard your recovery phrase.
Neutral
Toshi CoinIndian Crypto ExchangesMeme Token GuideUSDT P2P TradingCrypto Taxes

Crypto Heist Kingpin Remy St Felix Gets Additional Four Years for Jailhouse Assault

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US authorities extended the sentence of Remy St Felix, a crypto heist leader, by four years after he assaulted a shackled witness at a North Carolina detention center. St Felix, already serving 47 years for orchestrating violent home invasions that stole $3.5 million in digital assets, admitted punching the restrained man on October 8, 2024, calling him a “rat.” Of the additional seven-year term, three years run concurrently, effectively adding four years. A federal court also ordered $524,000 in restitution. This crypto heist case highlights rising federal actions against crypto crime. It reinforces legal risks for offenders and increases law enforcement focus on protecting witnesses and deterring digital asset theft. Traders should note the impact on security protocols and the broader crackdown on violent tactics like “wrench attacks” used to extort private crypto keys.
Neutral
crypto heistprison sentencewitness assaultdigital asset theftlaw enforcement

Lubin: Ethereum Set to Surpass Bitcoin as Financial Backbone

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Consensys founder Joseph Lubin predicts that Ethereum could outperform Bitcoin as the primary financial infrastructure, driving a potential 100-fold increase in ETH value. In an August 30 post on X, Lubin argued that Wall Street firms will shift core operations—staking, validation, smart contracts and DeFi—onto Ethereum’s decentralized infrastructure. He highlighted the high costs and fragmentation of legacy systems and said Ethereum can streamline processes, from balance-sheet holdings to on-chain settlement. Lubin echoed Fundstrat’s Tom Lee, believing Ethereum may surpass Bitcoin in network value and monetary base, and even outperform traditional commodities. As institutional adoption accelerates, demand for ETH staking and layer-2 solutions is set to rise, positioning Ethereum as a key financial commodity beyond just a store of value.
Bullish
EthereumBitcoinDecentralized FinanceStakingWall Street

Uniswap Volume Hits Record as Whales Buy, UNI Set to Rebound

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Uniswap’s UNI price plunged to a one-month low of $9.37 amid a 23% drop from August highs, reducing its market capitalization to $5.9 billion. Despite the sell-off, whales boosted their holdings from 8.26 million UNI in August to 8.77 million, while smart money wallets now hold 41.6 million tokens and exchange reserves fell to 645 million. Uniswap’s DEX volume hit an all-time high of $143 billion in August, up from $99 billion, pushing total 2025 volume past $724 billion. Protocol fees climbed to $273.7 million this quarter versus $263.8 million last quarter and $115 million in Q3 2024. On Unichain, Uniswap’s layer-2 network, dApps processed $12.54 billion in August, contributing to $53 billion since launch. Technically, UNI price remains above the 100-day EMA and key Murrey Math Lines support, pointing to a potential rebound toward $12.26 (about 30% upside). A drop below the 100-day EMA would invalidate this bullish outlook.
Bullish
UniswapUNIWhalesDEX VolumeUnichain

Central Europe Web3 Ecosystem in Poland, Czechia & Hungary

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Poland, Czechia and Hungary are steadily building a Central Europe Web3 ecosystem. Growing developer communities, increased venture funding and clearer regulations are driving blockchain and crypto startups. In 2025, Poland expects €160 billion in tech investment, which could extend to Web3 projects. Czechia considered adding bitcoin to central bank reserves, signaling mainstream interest. Hungary’s government is exploring blockchain pilots. The EU’s Markets in Crypto-Assets (MiCA) regulation sets shared rules for stablecoins and crypto service providers across member states. Between mid-2023 and mid-2024, the region recorded nearly $500 billion in on-chain inflows, with DeFi accounting for one-third. Hackathons and university courses are strengthening talent pipelines in Warsaw, Prague and Budapest. Despite political and banking hurdles, local exchanges and payment firms are testing stablecoins to ease payments. Central Europe Web3 ecosystem is emerging from cautious policy toward lasting growth.
Bullish
Central EuropeWeb3 EcosystemBlockchain StartupsEU MiCA RegulationOn-chain Inflows

HAIA AI-Driven Assistant Bridges Web2 and Web3 Money Management

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HAIA, developed by Haust Network, is the first AI-driven financial assistant that unifies traditional finance and web3 money management. Users can simply instruct HAIA—via natural language prompts—to perform tasks such as sending USDC cross-border with minimal fees, optimizing yield for idle stablecoins, or executing complex trading strategies without managing private keys. Built on the Haust wallet, which links to over 6,000 banks worldwide, HAIA automates protocol selection, fee calculations, and transaction execution, reducing errors and user stress. Key features include temporary, granular permissions for transfers and trades, multi-chain bridging, and AI-powered recommendations to maximize returns. While HAIA aims to transform finance by making crypto and fiat transactions seamless, its real-world performance and adoption by digital nomads, DeFi users, and mainstream customers will determine its long-term impact on money management.
Neutral
AI FinanceMoney ManagementDeFiWeb3Financial Automation

Bitunix Lists Trump Family’s WLFI Token on Spot Market

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Bitunix has added World Liberty Financial (WLFI), the new governance token backed by the Trump family, to its spot trading platform. WLFI began public trading on September 1, 2025, at 13:00 UTC as a WLFI/USDT pair. Launched by Donald Trump Jr., Ivanka Trump and Barron Trump, the DeFi project raised $300 million in its 2024 token sale, distributing 100 billion tokens: 63% to public investors, 20% for team compensation and 17% for user rewards. A portion of team and advisor tokens remains locked, with early backers unlocking 20% of holdings around August 25. Bitunix, which serves over 2 million users and handles $5 billion in daily volume, listed WLFI amid record derivative volume surges—up 400% pre-unlock—highlighting strong market interest. Traders can buy WLFI via market or limit orders after funding their accounts with USDT. This high-profile listing is likely to fuel short-term trading activity and could influence broader DeFi governance token dynamics.
Bullish
WLFIBitunix ExchangeTrump FamilyDeFi GovernanceToken Listing

Shiba Inu Hits Triangle Apex: Watch $0.000013 and $0.00001

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Shiba Inu price is consolidating within a symmetrical triangle around $0.0000123, with a breakout above $0.000013 or a breakdown below $0.00001 set to dictate its short-term trend. A decisive move above resistance could target the 200-day EMA and $0.000015, while a fall below support may drive SHIB toward $0.0000095. Traders should watch Shiba Inu’s daily volume against the 20-day average and confirm moves using on-chain metrics, TradingView patterns and exchange order-book data. Key levels are $0.00001 support and $0.000013 resistance, with secondary targets at $0.0000095 and $0.000015. A volume surge on resolution will signal conviction.
Neutral
Shiba InuSymmetrical TriangleBreakoutBreakdownVolume Analysis

XRP Slips Toward $2 as LBRETT Presale Momentum Soars

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XRP price has come under pressure, repeatedly failing to clear key resistance levels and raising the risk of a drop toward the $2 zone. Analysts point to thinning volume and the absence of fresh catalysts—legal updates or major adoption news—as drivers of the current weakness. Long-term holders remain confident in XRP’s institutional backing and liquidity but short-term traders are scanning for faster-moving alternatives. One popular destination is presales, where early entry prices and high staking APY can deliver outsized returns. Layer Brett (LBRETT), an Ethereum Layer 2 project, has seen its presale gain rapid traction. Its fast, low-fee transactions, capped 10 billion token supply and advertised thousands-percent staking rewards have attracted both retail and institutional buyers. A roadmap featuring NFT integrations, gamified staking and cross-chain compatibility further fuels interest. Overall, XRP offers stability but limited near-term upside, while LBRETT’s presale momentum underscores a shift toward high-risk, high-reward Layer 2 bets.
Bearish
XRP PriceLBRETTPresaleEthereum Layer 2Staking Rewards

El Salvador Redistributes Bitcoin to Mitigate Quantum Risk

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El Salvador’s National Bitcoin Office has redistributed its entire 6,286 BTC reserve across multiple new addresses, each capped at 500 BTC, to reduce exposure to quantum-computing threats. By using unused addresses with hashed public keys, the move mitigates risks from potential Shor’s algorithm attacks that could reveal private keys. The reallocation, valued at about $686 million, aligns with institutional custody standards and maintains transparency through a public dashboard. Despite official claims of buying one Bitcoin daily, IMF loan conditions bar new accumulations. This suggests on-chain shifts reflect internal reallocations rather than fresh purchases. Traders should monitor on-chain activity, official updates and IMF statements for future policy signals that may affect market sentiment and liquidity.
Neutral
BitcoinEl SalvadorQuantum ComputingCustodyIMF

Arctic Pablo Coin Presale Stage 39 Woos Whales, Raises 3.7M

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Arctic Pablo Coin’s presale has entered Stage 39, offering a 300% bonus on token allocations and referral incentives that reward community advocates. Arctic Pablo Coin has raised 3.7M through early investments, with crypto whales driving significant APC buys that highlight growing market confidence. Mog Coin trades at $0.0000008272 with a 24-hour volume of $12.5M, demonstrating steady demand among speculators. Dogwifhat maintains mid-cap stability at $0.763136 and a 24-hour volume of $112.85M, appealing to both new and seasoned traders. The combination of Stage 39’s quadruple token bonus, whale participation, and robust trading metrics positions Arctic Pablo Coin as a rare early-entry opportunity in September 2025. Traders should consider APC’s time-sensitive presale alongside Mog Coin and Dogwifhat to diversify strategies and capitalize on meme coin momentum.
Bullish
Arctic Pablo CoinPresaleCrypto WhalesMeme CoinsTrading Volume

XRP Eyes Crucial $2.70 Support Before $3.70 Rally

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XRP has fallen 6.4% in the last 30 days, sliding from its July 18 high of $3.65 to around $2.77. While Federal Reserve Chair Jerome Powell’s dovish shift and the prospect of a September rate cut support risk assets, XRP faces a critical test at the $2.70 support level. Crypto analyst Ali Martinez identifies a descending triangle pattern on the daily chart, with a flat support at $2.70 and a descending resistance line. A break below could trigger further declines, but a rebound would open a path above $2.90, aligning with the 50-day moving average and the 61.8% Fibonacci retracement. Such a move may propel XRP toward the triangle’s apex near $3.70, setting the stage for a potential Q4 upswing.
Bullish
XRPTechnical AnalysisFed Rate CutDescending TriangleCrypto Trading

Ripple Releases 1B XRP from Escrow, Re-locks 700M, Net 300M

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Ripple moved 2.2 billion XRP, releasing 1 billion tokens from its monthly escrow and re-locking 700 million to manage supply. Whale Alert reported three unlock tranches of 500 M, 300 M and 200 M XRP, followed by re-locks of 400 M and 300 M. Two whale transfers of 300 M and 200 M XRP into Ripple wallets sparked speculation on strategic deployments or price support. The net release of 300 M XRP underlines the XRP escrow mechanism’s predictability and liquidity management. Despite this supply change, XRP held below $2.8, indicating muted market reaction. Traders should monitor exchange flows and escrow releases for potential short-term volatility, while the structured XRP escrow system supports long-term market stability.
Neutral
XRPRippleEscrow ReleaseToken SupplyWhale Alert

Polygon POL Soars 16% on U.S. Blockchain Plan, Tether Tie-Up

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Polygon POL surge led gains over the weekend, with the token jumping 16% to $0.29—the highest since March. This Polygon POL surge occurred while the broader crypto market remained steady, as Bitcoin and Ether showed only modest gains. Key catalysts included the U.S. government’s blockchain data plan, which named Polygon as a pilot network, and a new Tether integration via a USDT cross-chain protocol. Technical indicators flagged strong bullish momentum, with support emerging around $0.277–$0.278. Traders should watch these levels for sustained buying pressure and potential further upside.
Bullish
PolygonCrypto MarketCoinDesk 20 IndexBlockchain InitiativeTether Integration

Analyst Warns XRP May Plunge Below $1 Amid Selling Pressure

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XRP has failed to reclaim levels above $3 over the past week, triggering a 4.4% weekly drop and intraday swings between $2.71 and $2.85. Selling pressure built after XRP lost its $3 handle on August 28. A three-day candlestick analysis on TradingView signals extended bearish momentum, projecting a potential crash toward $1, with scarce technical supports until then. If current supports break, XRP could even test the $0.70–$0.50 range, revisiting imbalance zones from its late-2024 rally. At press time, XRP trades at $2.82, down 0.5% in 24 hours amid a broader crypto pullback linked to recent PCE data. Trading volume and volatility remain high, with a 4% rebound from an intraday low of $2.71. The critical threshold to watch is $2.70. A sustained break below this level could trigger the bearish scenario forecasted by analysts.
Bearish
XRPTechnical AnalysisPrice CrashCrypto MarketTrading Outlook

Tirole Warns of Stablecoin Systemic Risk and Crisis

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Nobel laureate Jean Tirole warns that stablecoins—often perceived as risk-free—face hidden dangers that could trigger liquidity squeezes and mass redemptions. He highlights issuers backing reserves with higher-yield but riskier assets, undermining stability. Without strict, transparent reserve requirements, real-time audits and global regulatory oversight, a major stablecoin collapse could spark systemic risk across crypto exchanges, DeFi platforms and traditional finance. Traders should watch stablecoin reserve disclosures, regulatory updates and market sentiment to assess impacts on liquidity and price stability.
Bearish
StablecoinsSystemic RiskLiquidityRegulationRedemption

ADA Price Could Jump 40% After $0.88 Break, ETF Odds at 87%

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Cardano’s ADA price has pulled back over 10% in two weeks but could surge 40% if it breaks resistance at $0.88. Analysts like Ali Martinez expect ADA price to hit $1.20 on a breakout, while LSTRADER sees a target above $1 if support holds at $0.82-$0.83. Criticism of the Cardano Foundation by Dan Gambardello did not dampen bullish sentiment. A key catalyst is Grayscale’s updated S-1 filing for a spot ADA ETF, boosting the odds of approval to 87% before year-end. Increased ETF approval probability and technical breakout potential suggest traders may position for a strong ADA price rally in the short term.
Bullish
CardanoADA priceADA ETFGrayscaleTechnical Analysis

XRP Dips to $2.75 as Risk-Off Sentiment Grips Crypto Market

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XRP extended losses on Monday, sliding 1.94% to $2.75 amid a broader risk-off sentiment in the crypto market. The Crypto Fear & Greed Index has fallen into the fear zone, reflecting growing investor caution. On-chain metrics reveal active addresses on the XRP Ledger plunged from around 50,000 in mid-July to about 19,250, indicating reduced network participation. Open interest in XRP derivatives contracted to $7.7 billion from $10.94 billion. Technically, XRP is testing key support at $2.70 within a descending triangle. A hold above this support level could spark a rebound toward $3.09 and $3.70, while a break below may drive XRP down toward $2.08. Traders should monitor these critical levels for short-term signals.
Bearish
XRPRisk-Off SentimentCrypto MarketOn-Chain ActivityTechnical Analysis

Crypto Outreach: Avoid Failures with Clear 50-Word Pitches

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Strong crypto outreach must be deliberate, specific, and concise. In under 50 words, a pitch should include context (who you are), relevance (why this matters to the recipient), intent (exact ask), and a clear call to action. Avoid vague synergies, unstructured calls, and generic fundraising messages. Personalize messages by referencing the recipient’s work, front-loading value, and proposing a concrete next step. For fundraising, specify round size, valuation range, commitment percentage, timeline, and alignment with investor thesis. Structure messages with 60–100 words: open with purpose, outline context/relevance, state intent, offer proof/credibility, and finish with a low-friction CTA. Clarity and specificity increase response rates for crypto outreach and streamline fundraising communications.
Neutral
Crypto OutreachInvestor PitchFundraising StrategyMessage StructurePersonalization

TRX Buy/Sell Delta Hits Critical Low, Poised to Break Out

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On-chain data shows that the TRX buy/sell pressure delta has fallen to –0.0015, a level interpreted as a strong buy signal by on-chain analyst Darkfost. Such negative delta readings often mark moments when sellers lose momentum before price rallies. At the same time, daily active addresses on the Tron network have risen to over 2.6 million, reflecting robust network demand. CryptoOnchain notes that TRX is testing its historical resistance. A successful breakout could send the price toward $0.48–0.52. However, if TRX fails to hold above its all-time high and active addresses decline, a pullback may follow. With altseason on the horizon, sustained network growth could push TRX toward the $0.50 mark, offering traders an asymmetric upside opportunity.
Bullish
TRXTronBuy/Sell Pressure DeltaOn-Chain AnalysisPrice Breakout

Sun Unlocks $178M WLFI, Total Holdings Hit 30B

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Tron founder Justin Sun has unlocked his 20% tranche of WLFI tokens, moving 6 billion tokens worth $178 million to his wallet, according to Arkham Monitor on-chain data. A 10 WLFI test transfer confirms the first unlock. This raise brings his total WLFI holdings to 30 billion tokens (roughly $891 million). In a tweet, Sun reaffirmed his confidence in WLFI, calling it a key project in the crypto space and declaring he has no plans to sell these tokens. Traders should watch the WLFI unlock schedule, Sun’s concentrated stake and his bullish outlook. These factors could enhance WLFI liquidity and influence price volatility.
Bullish
WLFIJustin SunToken UnlockTronCrypto Trading

Holešky Testnet to Shut Down, Migrate to Hoodi & Sepolia

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The Ethereum Foundation will decommission the Holešky Testnet two weeks after the Fusaka upgrade concludes. This testnet shutdown ends all client, testing, and infrastructure support on Holešky. Staking operators and infrastructure providers must migrate to the new Hoodi Testnet, which integrates Pectra features and supports the upcoming Fusaka fork. Developers building smart contracts and dapps should transition to Sepolia for application and tooling testing. After Holešky’s end-of-life, Ethereum’s testnet ecosystem will comprise Sepolia for application testing, Hoodi for full-scale validator operations, and the ephemeral Ephemery Testnet (28-day reset) for lightweight validator lifecycle trials. This migration path and testnet shutdown streamline Ethereum’s testnet roadmap, apply lessons from Holešky’s large-scale validator stress tests, and bolster network resilience ahead of future mainnet upgrades.
Neutral
EthereumHolešky TestnetTestnet ShutdownHoodi TestnetSepolia

Ethereum-Led Crypto Investment Products Draw $2.5B Inflows

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Crypto investment products attracted $2.5B in net weekly inflows, doubling August’s total to $4.37B and raising year-to-date inflows to $35.5B. These crypto investment products saw strong fund flows as Ethereum-based funds led with $1.4B while Bitcoin products took in $748M. Altcoins Solana and XRP added $177M and $134M respectively. Optimism over potential US spot crypto ETFs supported the rally. Assets under management dipped 10% from recent highs to $219B after hotter-than-expected US PCE data on Friday. In August alone, Ethereum funds gathered $3.95B as Bitcoin funds faced $301M in outflows. Over the past 24 hours, BTC traded near $108,400 (-1.1%) and ETH near $4,410 (-1.1%), underscoring mixed market sentiment.
Bullish
crypto investment productsEthereumBitcoincrypto ETFsAUM

Sonic Token Issuance: $150M Approved to Fuel US-Regulated ETF

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Sonic token issuance won 99.99% community backing for 150 million new S tokens aimed at funding a $50 million US-regulated ETF initiative and a $100 million investment program. The Sonic token issuance plan resets supply control to match competitors and establishes Sonic USA in Delaware with custody by BitGo under a three-year PIPE structure. On-chain fee revisions will introduce additional token burns to add deflationary pressure. The governance vote saw over 860 million S tokens in favor, exceeding the 55% quorum requirement. Trading at $0.31, S is consolidating in a symmetrical triangle pattern with resistance at $0.34–$0.35 and support near $0.29. Technical indicators—RSI at 47, MACD near the signal line, and CMF at –0.01—point to muted momentum ahead of a volatility spike. A successful ETF launch could trigger a breakout toward $0.42 and $0.50, while failure to hold support risks a drop to $0.26 or $0.22. Traders should watch the ETF progress closely as a key catalyst for Sonic’s next move.
Bullish
SonicToken IssuanceUS ETFInstitutional AdoptionTokenomics