Track market-moving stories before they get noisy

PANews reported on October 9th that Crypto Briefing reported that the DTCC has listed the Canary Trump Coin ETF (ticker: TRPC ) on its platform. The product tracks the Solana-based " Trump Coin " meme token, a politically-themed crypto asset. The DTCC listing brings the ETF one step closer to mainstream trading availability, though it still requires further regulatory and issuance processes.

Kepler Cheuvreux raises ASML’s European share price target from €1,460 to €1,830.

Kepler Cheuvreux has raised the target price for ASML’s European shares from €1,460 to €1,830.

8 minutes ago

Stifel: U.S. economy in "overheated expansion" as AI investment cycle outweighs consumer pressure

U.S. large diversified financial services holding company Stifel has raised its year-end S&P 500 target and rolled out a stock allocation framework for a "high-growth, high-inflation" environment. The firm lifted its year-end S&P 500 target to 7,800 points, noting the U.S. economy is entering a "running hot" state—where economic growth is strengthening alongside mounting inflationary pressure. Stifel’s models show U.S. growth momentum is picking up while inflation momentum is clearly overheating, a trend that will reshape the market’s leading sector structure in the second half of the year. Instead of traditional consumer sectors, Stifel’s top picks are investment-led cyclical industries, including banks, transportation, materials, energy, semiconductors, software and equipment. The firm adds that fixed-asset investment in AI remains on the rise: large tech firms including Amazon, Microsoft, Meta and Google are projected to combine for roughly $725 billion in total capital expenditures in 2026, some $100 billion higher than prior estimates. This means the AI investment chain is likely to continue outperforming the consumption chain squeezed by inflation. Stifel advises investors to reduce exposure to discretionary consumer, consumer staples, communication services and some financial services sectors, as these areas see weaker earnings revisions. Conversely, the firm favors cyclical value stocks and hedges with defensive value sectors such as insurance, autos, energy and banks.

8 minutes ago

Analyst: Micron's earnings boost overall market sentiment for the tech sector

Chris Strazzeri, Financial Trading Manager of Moomoo’s Australia and New Zealand branch, stated: “The targeted sell-off indicates that following a sustained, strong rally in AI-related and speculative growth stocks, investors are enforcing strict valuation discipline. This serves as a warning to the market that actual earnings levels must now rise to support the currently overvalued price-to-earnings ratio. Micron Technology’s post-market earnings results largely confirm this, and its robust performance has lifted overall market sentiment in the tech sector.”

8 minutes ago

2x Leveraged Long DRAM ETF (RAM) Records $383 Million in Trading Volume on Its First Day of Listing

According to Bitget market data, the Roundhill T-REX 2X Long DRAM Daily Target ETF (Nasdaq ticker: RAM) officially launched trading yesterday. On its first trading day, the fund recorded a total turnover of $383 million, and rose 29.47% in after-hours U.S. stock trading to hit $30.8. Note: RAM’s underlying exposure covers companies engaged in memory-related technologies, including DRAM, NAND and storage solutions, targeting active traders seeking leveraged exposure to the memory chip theme and artificial intelligence infrastructure development.

8 minutes ago

BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.

BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.

8 minutes ago

Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.

Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.

8 minutes ago

The highly anticipated Zebu Live, the UK’s largest Web3 conference, is returning 10th-11th October 2024.

Organized by Flight3, a renowned Web3 marketing agency owned by Dragons’ Den star Steven Bartlett, this year’s event promises to be an unparalleled experience, featuring industry giants like Coinbase, Solana, and Blockchain.com. Attendees can look forward to an inspiring lineup of speakers, including Steven Bartlett, Raoul Pal, Lord Holmes, and John Lilic.

Building on the phenomenal success of Zebu Live 2023, which attracted over 3,000 attendees and featured more than 200 speakers, the 2024 conference is set to raise the bar even higher. This year, Zebu Live will once again transform London into the epicenter of the global Web3 community, offering a unique platform to inspire, educate, and connect. 

As a key event of London Web3 Week, Zebu Live 2024 integrates seamlessly into a broader celebration of blockchain innovation and digital assets.

Zebu Live is the cornerstone event of London Web3 Week, the UK’s leading blockchain gathering that is expected to bring 5000+ Web3 professionals from across the globe for the week.

London Web3 Weeks comes as the UK is solidifying its position as a key digital asset hub, major players like Coinbase and a16z are spearheading initiatives such as Stand With Crypto to support progressive digital asset policies and accelerate innovation.

Zebu Live 2024 brings together pioneers within the Web3 ecosystem including:  Solana: Renowned for driving mass adoption through consumer apps, Solana continues to lead with its innovative solutions as seen in recent advancements such as Blinks (Blockchain Links)

Holochain: With its unique approach to decentralized computing, Holochain is redefining data integrity and peer-to-peer interactions.

Blockchain.com Pay: Is thrilled to announce the latest update, offering the fastest user onramp in crypto, with access to over 40 million KYC’d users. Sign up and make your first purchase in seconds, without needing a driver’s licence or passport. Trusted by industry leaders such as Metamask, TRON, and many more.

Telos: Leading layer 0 utilising zk technology, Telos is pushing the boundaries of privacy and security in the blockchain space.

Special Projects and CSR PartnershipsZebu Live 2024 will host its renowned pitch competition, which last year drew over 150 applications, featuring top-tier VCs and the CoinTelegraph Accelerator to spotlight the most promising up-and-coming projects. Additionally, the event will feature initiatives like Blockchain for Her and a partnership with Bitget for charitable causes, highlighting recent developments and impactful projects.

“Last year was about surviving the bear market, but as we return for our 4th year, we’re thrilled to shine a spotlight on London and everything this incredible city has to offer. We’re excited to bring the community together and celebrate our shared passion for Web3.” – Harry Horsfall, CEO of Zebu Live

Zebu Live 2024 is an unmissable event for anyone passionate about the future of digital assets and blockchain technology. Don’t miss your chance to be part of this transformative experience in London.

For more information and to register for Zebu Live 2024, please visit website.

About Zebu LiveZebu Live is London’s premier Web3 event, bringing together over 3,000 Crypto, DeFi, and NFT professionals to discuss the future of the decentralised world. Leading sponsors include zkSync, Coinbase, Binance, Animoca Brands, Ledger, Solana, Telos, Warner Records, and more. 

Known for predicting Bitcoin‘s (BTC) bottom during the 2018 bear market, cryptocurrency analyst Bluntz is expecting a significant upward explosion for Solana (SOL), which is seen as a competitor to Ethereum (ETH). The analyst also mentioned that he expects Moonriver (MOVR) to rise as well.

Bluntz Points to Solana Surpassing $150The anonymous cryptocurrency analyst Bluntz told his followers on social media platform X that Solana‘s SOL appears to have completed an ABC correction wave. Bluntz now expects Solana to initiate a new five-wave rally that could yield about a 50% gain from current prices, stating:

SOL has moved beyond the range it had previously fallen to, and a rise above $150 is now fundamentally confirmed. Bears are about to learn the true meaning of pain.

It appears that the analyst is applying the Elliott Wave theory, a technical analysis approach that tries to predict future price movements by following the crowd psychology that tends to emerge in waves. According to the theory, an asset on the rise typically goes through an ABC correction before a five-wave upward movement.

SOL, at the time of writing this article, has risen 6.03% in the last 24 hours to $103.38. With current data, SOL has seen an extremely high increase of 21.89% over the last 7 days.

Keeping a Close Watch on Moonriver’s MOVRBluntz is also closely monitoring the native asset MOVR of Moonriver, an Ethereum-compatible parachain built on Kusama (KSM). According to the analyst, MOVR seems to have risen after completing its ABC correction:

MOVR looks great. It’s under my radar and just one of the altcoins that look significantly promising.

Previously, the analyst had predicted that MOVR could rise up to $50. With current data, the altcoin‘s price has seen an increase of 0.86% in the last 24 hours to $23.62, which is approximately 100% below the target level indicated by the analyst.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Solana, a high-performance blockchain platform, has garnered significant attention in recent years due to its fast and scalable nature. As the ecosystem continues to grow, it is crucial to have a reliable naming service for human-readable domain names. Bonfida, a well-known Solana-based project, introduced the Solana Naming Service (SNS) to fill this need. This service allows users to create and manage customized .sol domains, simplifying the interaction with blockchain addresses. In this article, we will walk you through the process of creating your own Solana domain using Bonfida's SNS.

Step 1: Set up a Solana Wallet

Before creating a custom domain, you need to have a Solana wallet to hold and manage your SOL tokens. There are several wallet options available, such as Phantom, Sollet, and Solflare. Choose one that best suits your needs, create an account, and ensure you have some SOL tokens to cover the transaction fees and domain registration costs.

Step 2: Access Bonfida's Solana Naming Service

Navigate to Bonfida's Solana Naming Service website. You will be prompted to connect your Solana wallet. Click on the "Connect Wallet" button in the upper right corner and authorize the connection with your chosen wallet.

Step 3: Search for Your Desired Domain Name

Once your wallet is connected, you can search for available domain names by entering your desired name in the search bar. Keep in mind that domain names must be unique and follow the ".sol" format (e.g., yourname.sol).

Step 4: Register Your Domain

If your desired domain name is available, click the "Register" button. A new window will appear, showing the registration cost and transaction fees. Review the information, and if everything looks good, click "Confirm" to proceed. Your Solana wallet will prompt you to approve the transaction, and the domain will be registered under your wallet address upon successful confirmation.

Step 5: Manage Your Domain

After registering your domain, you can manage it through the Bonfida SNS platform. Some of the available options include:

Set a custom address: You can set a custom address for your domain, allowing users to send tokens directly to your wallet using the domain name instead of the complex wallet address.Transfer ownership: If needed, you can transfer the ownership of your domain to another wallet address.Renew or cancel domain: Domains are registered for a fixed period, and you can renew them before expiration. You can also cancel your domain if you no longer need it.Conclusion

Creating a custom Solana domain using Bonfida's Solana Naming Service is a straightforward process that adds an extra layer of convenience and personalization to your blockchain experience. Not only does it make it easier for others to interact with your wallet address, but it also helps in promoting adoption and usability within the Solana ecosystem. Register your .sol domain today and enjoy the benefits of a more user-friendly blockchain experience.

In a significant development for the Solana ecosystem, Bonfida, the renowned Solana name service, has announced an exciting airdrop for Saga Genesis token holders. This initiative marks a milestone in the Solana saga, introducing unique `.thesagadao` subdomains exclusively for those who minted tokens via the Solana Saga phone.

These subdomains are not just digital identities but are registered in chronological order, aligned with the minting time of the Genesis Tokens. This feature enables unprecedented transparency, allowing users to see the exact number of their Saga phones. The practicality extends to the usual functionalities of sending and receiving SOL assets, with users simply needing to input something like `1234.thesagadao.sol` into wallets like Phantom or other supported protocols.

Bonfida's initiative is more than a mere airdrop; it is a testament to their commitment to empowering the Solana community. Users can view their unique domain under their profile on the official website, further enhancing the Solana experience. The first drop of these subdomains was executed on October 1st, with a second wave following soon after, ensuring comprehensive coverage among users.

While late adopters of the Genesis Tokens missed the initial airdrops, Bonfida reassures the community with plans for a final wave, ensuring no one is left behind. They are also brewing something even more exciting, promising a retroactive benefit that could be a game-changer for both the Saga and the broader Solana ecosystem.

In a parallel development, $LFG(Less Fees and Gas for Ethereum users), a meme coin initially aimed at bringing Ethereum users to Solana, has joined the bandwagon in supporting Solana Saga phone users. $LFG, which gained traction with a market cap of $100M, is now rewarding 1M tokens to each Saga user, adding another incentive layer for the Solana community.

The success of these initiatives by Bonfida and $LFG is not just a win for Solana Mobile but a powerful marketing strategy that other protocols and companies are likely to emulate. The continuous perks and benefits for Solana Saga users are setting a new standard in the crypto world, showcasing the potential of strategic airdrops and token distributions in fostering a vibrant and engaged community.

FIDA rallies 35% following launch of Solana Name Service in China

5 min read

Mar 18, 2026

--

--

A full feature walkthrough of the tool purpose-built to move liquidity provision from guesswork to measured capital allocation.

Press enter or click to view image in full size

At a GlanceThe Problem with Managing Liquidity TodayWhat is the Liquidity Terminal?Features, why they matter, and how to use themConclusionThe Problem with Managing Liquidity TodayConcentrated liquidity is the most capital-efficient way to provide liquidity onchain. It is also the most operationally demanding. Unlike full-range liquidity, a concentrated position earns fees only while the market price stays within a defined range. Go outside that range and the position stops earning. Impermanent loss (IL) continues to rack up against the position’s value relative to holding.

The challenge for LPs has never been understanding this in theory, but managing this across multiple positions, in real time from one platform. Without having to stitch together data from external dashboards, price feeds, and spreadsheets to understand what is actually happening to their position.

Most LPs have felt the operational cost of this directly. A position goes out of range over the weekend. By the time it gets rebalanced, fees that could have been earned are gone and the portfolio composition has shifted in ways that were not anticipated. The gap between LP strategy and outcome is, in large part, an information and tooling gap.

The Liquidity Terminal is Orca’s answer to narrowing that gap.

What is the Liquidity TerminalThe Liquidity Terminal is Orca’s dedicated interface for concentrated liquidity management on Solana. It is built on top of Orca’s Whirlpools, Solana’s most widely integrated CLMM infrastructure, and consolidates the key workflows an LP needs into a single product surface:

Historic priceLiquidity distributionPosition simulationRange presetsReal-time position monitoringOut-of-range notificationsPosition HistoryLive PnLThink of the Liquidity Terminal as a painter’s palette. Each feature being a color to paint with. If you only have 4 colors to paint with, the level of detail your painting has will pale in comparison to someone with 8 colors. More colors mean more shades, and more features mean you can paint a clearer picture with your positions. Let’s breakdown each one outlining what each feature does, why it matters, and how to use it. Equipping you with the palatte to paint a clear picture for LPing.

Historic PriceHistoric price displays a price chart for the selected token pair directly within the Terminal.

Why it matters: Range selection without price history is guesswork. An LP needs to see past and present volatility to make an informed decision on a position’s range.

How to use it: Open the Terminal, select your pool, and the historic price chart loads automatically as your context layer.

Liquidity DistributionLiquidity distribution shows where existing capital is concentrated across the price curve of a pool.

Why it matters: Depositing into an already saturated tick range can mean competing for a smaller share of fees. Depositing into an empty or thin tick range can mean minimal fees from lower/non-existent volume.

Get Orca’s stories in your inbox

Join Medium for free to get updates from this writer.

Remember me for faster sign in

How to use it: Review the distribution chart before setting your range to identify depth of liquidity across price ranges.

Position SimulatorPosition Simulator models expected P&L outcomes across price scenarios, time in-range, and LP vs Hold comparison, before any capital is committed.

Why it matters: It replaces manual spreadsheets and visualize scenarios on different strategies, before you ever deposit capital.

How to use it: This tool is accessible without connecting your wallet.

Select any poolIn your Positions table, select the “Simulator” tabSet your range, adjust time in-range slider, and review projected outcomes across price movement scenariosSee expected return comparison for LP vs holding tokensRange PresetsRange presets are predefined range widths that map to common LP strategies. Based on fixed price, single-sided, or historic price.

Why it matters: Reduce friction from strategy to execution within a couple clicks.

How to use it: Found in the “Create a Position” section, select a preset as your starting point, adjust from there using the price chart.

Real-Time Position MonitoringReal-time position monitoring displays a live price chart overlaid with an active position’s range bounds.

Why it matters: A position that goes out of range and is not caught quickly stops earning fees while impermanent loss continues to accrue.

How to use it: Open any pool, connect your wallet of choice, and view under “My Positions” tab after connecting your wallet to see every active position’s current status at a glance.

Out-of-Range NotificationsOut-of-range notifications alert an LP when the market price exits an active position’s range bounds.

Why it matters: It relieves you of needing constant monitoring across multiple positions, which is not a viable workflow at scale.

How to use it: At the top right of the page window, click on the ✉️ icon. Enable notifications that can be sent in-app, email, and via Telegram.

Position HistoryPosition history is a time-stamped log of every deposit, withdrawal, and range adjustment made to a position since it was opened.

Why it matters: Strategy improvement requires data. A capital allocator that LPs who cannot review what they did and when, cannot identify what is working.

How to use it: After selecting a pool, click on the “History” tab next to “Positions”. View a past position’s time, liquidity action, token change, position address, and transaction link.

Live PnLLive PnL shows the current unrealized profit and loss of an active position, updated in real time.

Why it matters: Gain visibility on any position’s health from one terminal.

How to use it: Live PnL is visible on both the “Positions” tab from the Liquidity Terminal and the Portfolio page.

ConclusionThe Liquidity Terminal is the product suite Orca built for Solana’s capital allocators that make serious LP management accessible and seamless at scale. The simulation features remove the guesswork from range selection. Real-time range visualization closes the information latency that causes positions to stay out of range longer than necessary. Best-in-class portfolio tracking makes it possible to manage multiple positions without the operational overhead of doing it manually.

Taken together, these tools represent a shift in how capital allocation can be practiced through providing liquidity on Solana: less reactive, more deliberate, and with the data infrastructure to support iteration and improvement over time.

The Liquidity Terminal is the most robust toolkit for capital allocators that LP on Solana.

Access the best tool for liquidity provision on Solana at orca.so/pools

Kepler Cheuvreux raises ASML’s European share price target from €1,460 to €1,830.

Kepler Cheuvreux has raised the target price for ASML’s European shares from €1,460 to €1,830.

5 minutes ago

Stifel: U.S. economy in "overheated expansion" as AI investment cycle outweighs consumer pressure

U.S. large diversified financial services holding company Stifel has raised its year-end S&P 500 target and rolled out a stock allocation framework for a "high-growth, high-inflation" environment. The firm lifted its year-end S&P 500 target to 7,800 points, noting the U.S. economy is entering a "running hot" state—where economic growth is strengthening alongside mounting inflationary pressure. Stifel’s models show U.S. growth momentum is picking up while inflation momentum is clearly overheating, a trend that will reshape the market’s leading sector structure in the second half of the year. Instead of traditional consumer sectors, Stifel’s top picks are investment-led cyclical industries, including banks, transportation, materials, energy, semiconductors, software and equipment. The firm adds that fixed-asset investment in AI remains on the rise: large tech firms including Amazon, Microsoft, Meta and Google are projected to combine for roughly $725 billion in total capital expenditures in 2026, some $100 billion higher than prior estimates. This means the AI investment chain is likely to continue outperforming the consumption chain squeezed by inflation. Stifel advises investors to reduce exposure to discretionary consumer, consumer staples, communication services and some financial services sectors, as these areas see weaker earnings revisions. Conversely, the firm favors cyclical value stocks and hedges with defensive value sectors such as insurance, autos, energy and banks.

5 minutes ago

Analyst: Micron's earnings boost overall market sentiment for the tech sector

Chris Strazzeri, Financial Trading Manager of Moomoo’s Australia and New Zealand branch, stated: “The targeted sell-off indicates that following a sustained, strong rally in AI-related and speculative growth stocks, investors are enforcing strict valuation discipline. This serves as a warning to the market that actual earnings levels must now rise to support the currently overvalued price-to-earnings ratio. Micron Technology’s post-market earnings results largely confirm this, and its robust performance has lifted overall market sentiment in the tech sector.”

5 minutes ago

2x Leveraged Long DRAM ETF (RAM) Records $383 Million in Trading Volume on Its First Day of Listing

According to Bitget market data, the Roundhill T-REX 2X Long DRAM Daily Target ETF (Nasdaq ticker: RAM) officially launched trading yesterday. On its first trading day, the fund recorded a total turnover of $383 million, and rose 29.47% in after-hours U.S. stock trading to hit $30.8. Note: RAM’s underlying exposure covers companies engaged in memory-related technologies, including DRAM, NAND and storage solutions, targeting active traders seeking leveraged exposure to the memory chip theme and artificial intelligence infrastructure development.

5 minutes ago

BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.

BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.

5 minutes ago

Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.

Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.

5 minutes ago

Kepler Cheuvreux raises ASML’s European share price target from €1,460 to €1,830.

Kepler Cheuvreux has raised the target price for ASML’s European shares from €1,460 to €1,830.

4 minutes ago

Stifel: U.S. economy in "overheated expansion" as AI investment cycle outweighs consumer pressure

U.S. large diversified financial services holding company Stifel has raised its year-end S&P 500 target and rolled out a stock allocation framework for a "high-growth, high-inflation" environment. The firm lifted its year-end S&P 500 target to 7,800 points, noting the U.S. economy is entering a "running hot" state—where economic growth is strengthening alongside mounting inflationary pressure. Stifel’s models show U.S. growth momentum is picking up while inflation momentum is clearly overheating, a trend that will reshape the market’s leading sector structure in the second half of the year. Instead of traditional consumer sectors, Stifel’s top picks are investment-led cyclical industries, including banks, transportation, materials, energy, semiconductors, software and equipment. The firm adds that fixed-asset investment in AI remains on the rise: large tech firms including Amazon, Microsoft, Meta and Google are projected to combine for roughly $725 billion in total capital expenditures in 2026, some $100 billion higher than prior estimates. This means the AI investment chain is likely to continue outperforming the consumption chain squeezed by inflation. Stifel advises investors to reduce exposure to discretionary consumer, consumer staples, communication services and some financial services sectors, as these areas see weaker earnings revisions. Conversely, the firm favors cyclical value stocks and hedges with defensive value sectors such as insurance, autos, energy and banks.

4 minutes ago

Analyst: Micron's earnings boost overall market sentiment for the tech sector

Chris Strazzeri, Financial Trading Manager of Moomoo’s Australia and New Zealand branch, stated: “The targeted sell-off indicates that following a sustained, strong rally in AI-related and speculative growth stocks, investors are enforcing strict valuation discipline. This serves as a warning to the market that actual earnings levels must now rise to support the currently overvalued price-to-earnings ratio. Micron Technology’s post-market earnings results largely confirm this, and its robust performance has lifted overall market sentiment in the tech sector.”

4 minutes ago

2x Leveraged Long DRAM ETF (RAM) Records $383 Million in Trading Volume on Its First Day of Listing

According to Bitget market data, the Roundhill T-REX 2X Long DRAM Daily Target ETF (Nasdaq ticker: RAM) officially launched trading yesterday. On its first trading day, the fund recorded a total turnover of $383 million, and rose 29.47% in after-hours U.S. stock trading to hit $30.8. Note: RAM’s underlying exposure covers companies engaged in memory-related technologies, including DRAM, NAND and storage solutions, targeting active traders seeking leveraged exposure to the memory chip theme and artificial intelligence infrastructure development.

4 minutes ago

BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.

BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.

4 minutes ago

Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.

Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.

4 minutes ago

PANews reported on May 27th that, according to CoinDesk, Solana decentralized exchange Orca has launched "permissioned pools" infrastructure for tokenized trading of real-world assets with high compliance requirements. The first to integrate is commodity tokenization company Streamex, whose gold-linked security GLDY will be the first compliant token traded on the system. Orca stated that this mechanism is primarily aimed at the US market, allowing only KYC-verified investors to buy, sell, and hold the relevant tokens. Issuers can customize access rules, which will be automatically executed by the on-chain system. The permissioned pools run on top of Orca's existing liquidity infrastructure, and the interface will indicate whether the asset is restricted and whether the user is eligible to trade.

Orca has launched permissioned pools on Solana to support compliant secondary trading for RWA assets onchain.

RWA Infrastructure Expands on Orca

Today, issuers can toggle permissions on permissionless infrastructure that permit eligible participants to transact regulated assets on @solana

That means:
– Asset issuers now have a new distribution channel to eligible participants onchain
-… pic.twitter.com/Z3q1oFw3Fd

— Orca 🌊 (@orca_so) May 27, 2026

The new pools allow asset issuers to set eligibility requirements for who can hold or trade their tokens, creating a permissioned trading environment on permissionless infrastructure. The setup is designed for accredited and KYC verified investors, with compliance checks enforced at the token level rather than handled only through offchain processes.

Advertisement

Streamex, a Nasdaq listed company focused on tokenized commodity real world assets, is the first issuer to use the infrastructure. Its GLDY token, a gold backed, yield bearing tokenized security, will trade through the GLDY Pool on Orca.

The launch expands Orca’s role beyond standard decentralized exchange activity and into onchain capital markets infrastructure. Orca said its AMM infrastructure has processed more than $500 billion in cumulative trading volume since launching on Solana five years ago, with no reported smart contract exploits.

The system uses Solana’s Default Account State extension to initialize token accounts in a frozen state. Wallet holders must complete the issuer’s verification process before they can hold or transact the regulated asset. An onchain access control layer then syncs KYC and accreditation status from the issuer’s platform in real time, allowing eligibility to be continuously enforced.

The model addresses one of the main bottlenecks for tokenized securities: secondary market liquidity. Streamex said GLDY is offered under Rule 506(c) of Regulation D and is available only to verified accredited investors, while Orca’s permissioned pools provide a venue where eligible holders can seek 24/7 liquidity onchain.

The infrastructure could also extend beyond GLDY to other tokenized securities, including stocks, bonds, commodities, real estate, and royalties. For Orca, the launch positions its Solana based liquidity stack as a bridge between regulated asset issuance and decentralized market infrastructure.

Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.

dYdX Labs Announces August Product Roadmap Update and Rebrand

A pointed critique from inside Ethereum’s developer ranks argues that ether’s 65% slide against Bitcoin (BTC) since the Merge stems from specific execution failures at the Ethereum Foundation, not from broad market cycles or coordination problems.

Reid, an ICO-era participant who still builds on Ethereum (ETH), published the indictment, framing the underperformance as accumulated execution debt with names, dates, and missed product calls.

A 65% Drop With Names AttachedReid’s central data point lines up with public market data. The ETH/BTC ratio peaked near 0.085 around the Merge in September 2022.

It has fallen to roughly 0.028 by late May, capturing ether’s underperformance against Bitcoin. Ether currently trades below $2,000, down 21% over the past year.

Ethereum to Bitcoin Ratio. Source: Longterm TrendsReid rejects Bankless co-founder David Hoffman’s framing of ether’s “deserved cap” as a noble ceiling. He argues the cap sits lower than bulls expected, for reasons with names and dates rather than coordination theory.

Reid covers credit and real-world assets at firms including Figure and Securitize, and discloses he is still long ether.

ESG Marketing and a Missing Staking InterfaceReid argues the Merge’s 99.95% energy-reduction message answered questions capital allocators never asked.

Institutions wanted yield, developers wanted finality, and users wanted cheaper transactions. Solana sold raw speed during the same window.

Proof-of-stake sat on the roadmap from 2015 and took seven years to ship. Solana launched mainnet beta in March 2020 and shipped wallets, decentralized exchanges, and money markets while Ethereum debated specs.

Vitalik Buterin’s writing through 2024 and 2025 shifted from Casper specs toward pluralism and network states.

Reid reads that tone as an established Ethereum cultural posture rather than an active competitive one.

The smoking gun, in Reid’s read, is the absence of a first-party staking app three years after the Merge.

The official path still requires running a validator with at least 32 ETH. Most users route through Lido, which holds about 24% of staked ETH despite repeated centralization warnings from developers.

“‘We don’t pick winners’ is what an organization says when it does not want to compete,” Reid remarked.

Follow us on X to get the latest news as it happens

Rollups as Managed DeclineThe rollup-centric roadmap drained the base layer. EIP-4844 went live in March 2024 and pushed blob fees near 1 wei through most of 2024 and 2025.

Ethereum’s quarterly transaction fee revenue has fallen roughly 95% from a Q4 2021 peak of $4.3 billion.

Ethereum Transaction Fee Since 2021. Source: Token Terminal Arbitrum has marketed 90% to 98% operating margins on its L2s. Base captured close to 70% of rollup profits by mid-2025.

Every major L2 issued its own token, fragmenting capital flows inside the ecosystem.

Reid contrasts this with Solana’s integrated L1, which has shown fee capture accruing directly to its native token.

The remaining question is whether Foundation product cadence shifts. The ETH/BTC ratio’s path through the rest of the cycle will reflect the answer.

Raydium has pledged to fully reimburse losses after an exploit drained approximately $1.3 million from five legacy liquidity pools built on Solana.

Summary

Raydium said it will fully reimburse losses after an exploit drained about $1.3 million from five legacy Solana liquidity pools. On-chain investigator Specter said the attacker used a fake mint address to exploit retired AMM code and steal RAY, SOL, and USDC. PeckShield traced part of the stolen funds to Tornado Cash, while Raydium said active pools and current users were unaffected. According to blockchain security firm PeckShield and on-chain investigator Specter, the attack targeted retired automated market maker infrastructure that is no longer used by active Raydium pools. The protocol said current users and active liquidity pools were not affected by the incident.

Details shared by Specter indicate that the attacker exploited a validation weakness in dormant pools tied to Raydium’s early AMM design. By using a fake mint address, the attacker was able to bypass checks and withdraw liquidity from the affected pools.

The stolen assets included roughly 150,177 RAY tokens, 5,603 SOL, and 893,700 USDC. Specter reported that the attacker initially received funding through KuCoin before moving the stolen assets across chains to Ethereum.

Exploit was limited to retired Raydium infrastructure Following the attack, Raydium stated that the affected pools belonged to a deprecated program with no active user participation. The team added that all impacted assets would be covered by the project treasury, preventing losses from falling on users who still had exposure to the legacy pools.

Raydium is aware of an exploit involving unauthorized removal of liquidity from its legacy AMM V3 program which was previously phased out in 2021.

No current users of Raydium are affected by this exploit or would have been able to interact with these pools through the UI since…

— Infra | Raydium (@0xINFRA) June 10, 2026 Tracking data from PeckShield showed that part of the stolen funds was routed through privacy tools after the exploit. The security firm reported that approximately 810 ETH was deposited into Tornado Cash, while another seven ETH was transferred to FixedFloat.

The movement of funds through Tornado Cash may complicate efforts to trace assets. PeckShield noted the transfers after the Ethereum-based funds were bridged from Solana. The mixer was removed from the U.S. Treasury Department’s sanctions list in March 2025.

Security incidents involving inactive code have become a recurring concern across decentralized finance. As previously reported by crypto.news, Token of Power suffered a separate exploit earlier this week that drained more than $1.5 million from a liquidity pool after an attacker manipulated token balances and withdrew WETH reserves. The two incidents involved different protocols and attack methods.

Raydium has moved quickly to cover user losses Compensation commitments are not new for Raydium. The protocol faced another major security incident in December 2022 when an admin key compromise led to losses from active liquidity pools.

At the time, a governance proposal approved the use of buyback fees and vested team tokens to reimburse affected liquidity providers. The latest response follows a similar approach, with the project confirming that treasury funds will be used to make users whole.

Market reaction has remained relatively muted. Data at the time of writing showed Raydium (RAY) trading near $0.57, down less than 1% over the previous 24 hours. Solana (SOL) also moved lower during the same period, slipping nearly 2% to around $63.88.

While investigators continue tracing the stolen assets, information from PeckShield and Specter suggests the exploit was confined to outdated infrastructure rather than Raydium’s current trading systems.

Another day, another exploit.

On the 10th of June, Solana-based decentralized exchange [DEX] Raydium discovered a coding flaw in its legacy AMM V3 program. The vulnerability allowed an attacker to drain funds from several deprecated liquidity pools.

For background, the AMM V3 was a program that Raydium ceased to use in 2021 and was no longer available via the SDK, user interface, or current dApp. By taking advantage of a flaw, an attacker took out roughly $1.34 million in cryptocurrency from five pools.

Pools and tokens compromised   According to preliminary estimates, the attacker drained approximately 150,177 Raydium [RAY], 5,603 Solana [SOL], and nearly 893,700 USDC from the impacted pools.

This included RAY-SOL, USDC-RAY, and SRM-RAY, Sollet USDT-RAY, and Sollet ETH-RAY pairs. PeckShield also tracked down seven Ethereum [ETH] that were deposited to FixedFloat and 810 ETH to Tornado Cash. 

Source: PeckShieldAlert/X Still, assuring the community, Raydium took to X and noted, 

No current users of Raydium are affected by this exploit or would have been able to interact with these pools through the UI since their deprecation.

What was the main cause behind this attack?  Raydium claims that the flaw was caused by the legacy program’s inadequate validation of LP (liquidity provider) token mints.

That said, the attacker was able to produce a phony LP token because the contract did not sufficiently validate LP token mints. As a result, the exploiter withdrew money from the impacted pools and got around proportional ownership checks.

The problem, Raydium stressed, was limited to the deprecated AMM V3 codebase and was not caused by a compromised admin authority, private key, or protocol-wide security breach.

The current mainnet programs for the protocol now use a different architecture that protects them from this kind of attack by using virtual supply mechanisms and verifying LP mints.

Therefore, neither current liquidity pools nor active Raydium users were affected. The protocol also said that all losses resulting from the exploit will be fully reimbursed through Raydium’s treasury.

Along with that, a more thorough security review of all mainnet programs is also being conducted. 

Impact on price and more Interestingly, despite the exploit, RAY’s price action was at $0.5815 following a 2.08% increase over the previous day. The 8% weekly drop and the 30% monthly drop, however, continue to raise concerns. 

This coincided with another exploit in which the attacker gained control of administrative bridge permissions, depleting 141 million H tokens on Ethereum.

Additionally, security researchers discovered that another exploiter withdrew approximately $1.5 million in WETH from an Ethereum balancer liquidity pool through a governance takeover attack.

Altogether, the total amount of money stolen in 2026 has risen to $795.3 million, with April seeing the most breaches.

Source: DeFiLlama Final Summary  The wrongdoer drained approximately 150,177 RAY, 5,603 SOL, and nearly 893,700 USDC from the impacted pools. RAY’s price still remained unaffected, spiking by over 2% in the past 24 hours. 

Attacker Drains $2.1 Million From Aztec Connect 3 Years After Its Shutdown

Analyst Names Top Altcoins to Buy After Recent Market Dip

Several altcoins are gaining attention today, driven by growing interest in political and celebrity-themed cryptocurrencies. Among the standout performers is TRUMP, Donald Trump’s official coin, which skyrocketed to a $15 billion market cap within just 24 hours of its debut.

MELANIA, a coin referencing Trump’s wife, followed with strong momentum, reaching hundreds of thousands of holders but entering a sharp correction. Meanwhile, Dogelon Mars (ELON), a meme coin related to the image of Elon Musk, saw its price double after weeks of sideways trading, highlighting the growing trend of meme coins tied to influential figures.

Official Trump (TRUMP)TRUMP, Donald Trump’s official coin on Solana, became one of the fastest-growing altcoins ever, reaching a $15 billion market cap and $2 billion in trading volume within 24 hours of its launch. Its explosive debut reflects significant interest as it coincided with Trump’s inauguration.

TRUMP Price Analysis. Source: DexscreenerThe coin now has over 850,000 holders and records more than 60,000 daily transactions. However, TRUMP has been down 34% in the last 24 hours, with key resistance levels at $64.5 and $71.8 if momentum returns.

If the euphoria continues to fade, TRUMP could fall further, testing support at $30.33 and possibly dropping to $15.43.

Melania Meme (MELANIA)MELANIA, a coin referencing Donald Trump’s wife, was launched on Solana just hours after TRUMP, quickly reaching billions in market cap. Its rapid rise shows how political-themed coins could be among the hottest narratives for this week.

MELANIA Price Analysis. Source: DexscreenerThe coin now has over 420,000 holders and a market cap of $868 million, but it has been down 43% in the last six hours. If the correction persists, MELANIA could test support at $3.95, signaling further downside pressure.

On the other hand, renewed hype could push MELANIA to test resistance at $9.36. A breakout above that level might drive the price toward $13.5, reigniting bullish momentum.

Dogelon Mars (ELON)Dogelon Mars (ELON), a meme coin referencing Elon Musk, is trending amidst the buzz surrounding Donald Trump’s inauguration. Musk’s perceived support for Trump has brought renewed attention to Musk-related altcoins, boosting its popularity.

ELON Price Analysis. Source: TradingViewELON, which had been trading sideways for weeks, began surging on January 19, doubling its price in hours and reaching its highest levels since 2022. This shows that this kind of celebrity/political meme coin is on the rise.

If a correction occurs, ELON could test support at $0.00000017, with a risk of further declines below $0.00000010. However, if the hype persists, the coin may rise again to $0.00000068, potentially testing $0.00000090 with a strong uptrend.

Anthropic’s Tokenized Shares on Jupiter Imply $850 Billion Valuation

Nervos Network (CKB) Skyrockets by 100%, Price Correction Ahead?

While Ethereum (ETH) and XRP Exchange-Traded Funds (ETFs) ended March in negative territory, Bitcoin (BTC) funds recorded their best monthly performance of the year despite weak market sentiment and geopolitical tensions.

Bitcoin ETFs End Negative Spell Bitcoin ended the first quarter of 2026 by breaking out of a five-month negative streak, closing with a positive performance for the first time since September 2025. The flagship crypto has been in a downtrend over the past six months, retracing over 50% from its October all-time high of $126,000.

As its price closes the month in green, US spot BTC-based ETFs have also ended a multi-month negative spell on Tuesday. According to SoSoValue data, the funds pulled in $1.32 billion in March, registering their first monthly gain in 2026.

Bitcoin ETFs end five-month outflows streak. Source: SoSoValue The category has been registering outflows since November, with cumulative outflows of around $6.3 billion until February. Nate Geraci, co-founder of the ETF Institute, previously highlighted that spot Bitcoin ETF investors have “largely displayed diamond hands” despite the ongoing market correction and negative sentiment.

As reported by NewsBTC, Geraci argued that the funds’ cumulative outflows since the October 10 crash were insignificant compared to the $56 billion in cumulative total net inflows the category has experienced since its January 2024 debut.

Despite the positive monthly close, BTC ETFs ended a four-week inflow streak after investors pulled out $296.18 million from the investment products. Additionally, the funds ended Q1 on a negative note, as March inflows couldn’t offset the $1.81 billion redemptions from January and February.

Therefore, spot Bitcoin ETFs closed the first quarter of 2026 with $496 million in outflows, their second-worst quarterly performance after Q4 2025’s $1.15 billion cumulative outflows.

Solana Leads Altcoin ETFs Performance Similar to Bitcoin, Solana (SOL) ETFs closed March on a positive note and led altcoin-based funds, with inflows worth $45.44 million. This performance brought SOL investment products’ quarterly inflows to $213.1 million.

Notably, the category has not seen monthly outflows since its launch in October 2025, printing six consecutive months of inflows. Following this performance, Solana ETFs are near the $1 billion milestone, currently having cumulative net inflows of $979.3 million.

Nonetheless, Ethereum funds tell a different story, closing the month with $46 million in outflows. Unlike Bitcoin, the second-largest cryptocurrency extended its negative streak to five months, recording total outflows worth $3.21 billion since November.

In addition, ETH investment products saw $769 million outflows in Q1. CoinShares recent report noted that Ethereum led all assets in outflows last week, shedding over $200 million for the second straight week, which may signal that institutional demand for the second-largest cryptocurrency has been slowing.

Meanwhile, XRP funds recorded their first monthly outflows after investors pulled $31.3 million from the ETFs. The category has recorded a remarkable performance since launching in November, with over $1.24 billion in inflows in the first four months.

It’s worth noting that despite the March setback, XRP ETFs saw positive net flows worth $42.52 million during the first quarter of 2026, only behind Solana funds.

Bitcoin trades at $68,523 on the one-week chart. Source: BTCCUSDT on TradingView Featured Image from Unsplash.com, Chart from TradingView.com

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

To further diversify its crypto investment portfolio, asset manager and ETF issuer Grayscale has unveiled the launch of the Grayscale MakerDAO Trust. This latest addition to Grayscale’s product suite allows investors to gain exposure to MKR, the utility and governance token underpinning the Ethereum-based MakerDAO ecosystem.

Grayscale Expands Crypto Portfolio MakerDAO is an autonomous organization operating a decentralized finance (DeFi) protocol, providing users access to a permissionless, open stablecoin system and various other on-chain financial services. 

According to Tuesday’s announcement by the firm, through the Grayscale MakerDAO Trust, investors can now participate in the growth and development of the protocol’s MKR ecosystem.

“As demand for crypto exposure continues to grow, Grayscale is committed to expanding our suite of products and providing innovative investment opportunities,” said Rayhaneh Sharif-Askary, Grayscale’s Head of Product & Research.

“The launch of the Grayscale MakerDAO Trust allows investors to experience the growth of the entire MakerDAO ecosystem, aiming to remove DeFi’s dependency on traditional finance infrastructure by providing a permissionless, decentralized, and open stablecoin system,” Sharif-Askary also stated.

The new trust functions similarly to Grayscale’s other single-asset investment vehicles, with the fund solely invested in MKR tokens. The trust is now open for daily subscription by eligible individual and institutional accredited investors, providing them a convenient way to gain exposure to the MakerDAO protocol.

This announcement comes on the heels of Grayscale’s recent launches of the Grayscale Bittensor Trust, dedicated to the TAO token supporting the Bittensor Protocol, and the Grayscale Sui Trust, focused on the SUI token underpinning the Sui Layer 1 blockchain.

MKR Price Action Grayscale’s news sparked a spike in the MKR token, which hit an 8-month low of $1.7 on August 5 amid the broader market crash and global economic uncertainties that led to an increased sell-off. 

MKR is trading at $2.10, up nearly 6% in the last few hours, coupled with a 16% increase in trading volume in the 24-hour time frame, amounting to $124 million, indicating investor interest in the token’s prospects. 

MKR must consolidate above the $2.06 level to further capitalize on this latest surge, as it has acted as a resistance wall for the token over the past few days before Tuesday’s bullish news on the MKR/USDT daily chart. This would be key for MKR’s future advances and the potential to surpass its next resistance barrier at $2.16. 

However, if there is a resurgence of demand and buying pressure for the token and the broader market, which can also contribute to MKR’s 10% surge last week, it would position MakerDAO’s native token to tackle its next resistance at $2.31, $2.42 and $2.73 on its way to reclaiming the $3 mark. 

The daily chart shows MKR’s price surge on Tuesday. Source: MKRUSDT on TradingView.com Featured image from DALL-E, chart from TradingView.com 

XYO Network tops 10M DePIN nodes — Co-founder

Can Sui’s Price Rally Dent Solana’s Dominance? Analysts Say Not Anytime Soon