Decentralized Physical Infrastructure Networks (DePIN) was one of the most talked-about sectors in crypto and experienced substantial growth in 2024. However, as crypto metas like meme coins, NFTs, and others regain traction, DePIN has struggled to maintain its momentum. This year, it has fallen behind in the race for investor attention. Nonetheless, Naman Kabra, CEO…
KAIA has emerged as one of the top-performing altcoins over the past 24 hours, surging more than 12% amid heightened market activity. Technical and on-chain indicators point to increasing buying pressure, suggesting the altcoin may be poised for further gains. KAIA Rally Builds Steam Readings from the KAIA/USD one-day chart show an uptick in the…
SKALE (SKL) has scaled over 100% in the past week, with the last 24 hours alone delivering a 44% gain. The token is currently trading near the $0.039 mark after briefly testing higher levels. While this explosive move has caught the eye of traders chasing momentum, few on-chain and technical indicators suggest the rally could…
Arbitrum’s decentralized finance (DeFi) total value locked (TVL) has reached a year-to-date high of $3.39 billion. The growth comes as increased activity on the Ethereum network—fueled by rising trading activity—spills over to Layer-2 solutions (L2s) like Arbitrum. Arbitrum Sees Record Liquidity Amid Ethereum Network Uptick According to DeFiLlama, Arbitrum’s TVL has reached a year-to-date high…
Hedera Hashgraph’s native token, HBAR, has displayed muted price performance since the beginning of August, mostly trading within a narrow range. However, with improving market momentum, HBAR has broken above the upper line of the channel, and on-chain data confirms the likelihood of staying above the price barrier in the short term. HBAR Eyes Breakout…
XLM has experienced a solid 23% rally this month, surging to $0.451. However, the altcoin now faces potential headwinds owing to the rising outflows from investors and the declining strength of the uptrend. This raises concerns about the sustainability of this price movement, suggesting a reversal could be on the horizon. Stellar Investors Are Bearish…
BtcTurk, Turkey’s longest-running cryptocurrency exchange, has confirmed a security incident involving its hot wallets. Blockchain security platform Cyvers flagged around $48 million in unusual outflows across Ethereum, Avalanche, Arbitrum, Base, Optimism, Mantle, and Polygon. Most funds were sent to two addresses before being swapped into other assets. The exchange said the suspicious activity was detected…
Solana has surged 21% over the past seven days, pushing its price back above the $200 mark. This marks a significant recovery for the token, as it signals renewed investor confidence. As bullish momentum builds across the market, technical indicators on the daily chart suggest that SOL is likely to maintain its position above this…
Bitcoin (BTC) reached a new all-time high of over $123,700 during early Asian trading hours today, sparking a wave of bullish momentum across the cryptocurrency sector. Additionally, many experts suggest that further gains may be imminent for BTC. They predict that the largest cryptocurrency could likely continue rising, citing its positive correlation with gold. What’s…
Curve Finance (CRV) has become the center of market attention as the token’s price recently crossed the $1 mark for the first time. CRV’s short-term breakout comes amid significant developments tied to the founder’s large token sales. A Short Recovery of CRV Data from BeInCrypto shows that Curve DAO’s CRV briefly broke above $1 before…