Market Signal Briefing

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Bitcoin is sending distress signals from within. Information tracked from on-chain analytics platform CryptoQuant shows mounting institutional discomfort, and two metrics are simultaneously displaying warning signs that could define Bitcoin’s trajectory for the rest of the month.

The Coinbase Premium Collapse One of the clearest windows into institutional Bitcoin behavior has now swung substantially negative. According to CryptoQuant data reviewed by crypto analyst Darkfost, the Coinbase Premium Index, which measures the price difference between Coinbase Advanced and Binance, has plunged to its most negative reading since the crypto crash in early February.

The indicator carries particular significance because of the type of trading that’s majorly going on in each exchange. Coinbase Advanced is the platform of choice for professional and institutional investors, while Binance serves a broader, predominantly retail base. Whenever Coinbase prices are trading at a discount to Binance, then that means institutional participants are selling more than the wider market.

Bitcoin Coinbase Premium. Source: @Darkfost_Coc On X

Institutional sentiment is being shaped by ongoing geopolitical and economic developments. The conflict in Iran, rising oil prices, and concerns around inflation and bond yields are feeding directly into how institutional investors are investing in Bitcoin.

These are precisely the kinds of macro variables that large funds and institutional desks are structurally sensitive to, and with conditions deteriorating in recent days, these institutions are reducing their Bitcoin exposure in response.

A Stubborn Ceiling At $72,500 Even if macro sentiment were to stabilize, Bitcoin is still facing a structural obstacle that on-chain data makes difficult to ignore. According to a second metric tracked using CryptoQuant data, Bitcoin’s price action is still unable to reclaim its realized price when inactive supply is excluded. 

BTCUSD now trading at $66,600. Chart: TradingView This adjusted realized price filters out Bitcoin that has not moved in more than seven years. Once it has been over seven years since it has been moved, the coins will be considered to be either permanently lost or held by long-term holders who do not participate in market activity. Stripping away that dormant supply produces a cost basis that more accurately shows the coins actually circulating in the market. 

At the time of writing, that adjusted realized price is sitting at approximately $72,500. Interestingly, the entire Bitcoin realized price is even below this level.

BTC Adjusted Realized Price. Source: @Darkfost_Coc On X

The significance of this level becomes clearer when placed in historical context. In previous bear market phases, Bitcoin has often spent between six and ten months below this cost basis before managing to break above it again. The current structure is beginning to resemble those earlier periods. Although the Bitcoin price managed to break to $76,000 in the middle of March, it has since returned to trading below the adjusted realized price.

If the current cycle follows suit, the implication is that Bitcoin may face several more difficult months trading below and around $72,500 before a sustained recovery becomes viable. 

Featured image from Unsplash, chart from TradingView

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Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

Key Takeaways Dogecoin currently hovers around $0.09106, residing in what historical cycles indicate as a prolonged consolidation period. Technical analysis from Bitcoinsensus reveals Cycle 3 displaying structural similarities to Cycles 1 and 2, which delivered returns of 5,800% and 21,000% respectively. Progressive higher lows characterize each DOGE cycle — Cycle 1 bottomed around $0.000020, Cycle 2 near $0.00070, and Cycle 3 maintaining support above $0.09. Trader sentiment on Binance leans bullish, with long-to-short ratios climbing across both account counts and trading volume. ETF activity shows no momentum, maintaining zero daily net inflow while total net assets hover near $9.12 million without institutional participation. Dogecoin (DOGE) currently changes hands at approximately $0.09106. The popular meme cryptocurrency has captured renewed interest following a technical analysis shared by crypto analyst Bitcoinsensus, which examines three distinct DOGE market cycles in parallel.

[[IMG_6]]Dogecoin (DOGE) Price The first cycle delivered explosive returns exceeding 5,800%. The second cycle surpassed expectations with staggering gains topping 21,000%. Both cycles exhibited identical structural characteristics: gradual accumulation, explosive upward momentum, followed by substantial retracement. The current Cycle 3 demonstrates striking similarities to this established framework.

DOGE achieved a cycle high approaching $0.70 before entering a correction phase. The asset has subsequently declined and currently finds equilibrium within the $0.09 to $0.10 trading corridor.

$DOGE Macro Cycles Overview 📈🔥#Dogecoin has historically followed repeating cycle patterns, often tracking alongside #Bitcoin

This current cycle seems a bit more prolonged compared to previous ones 🚀

While no outcome is guaranteed, this chart provides a possible roadmap… pic.twitter.com/7TOehiVyQq

— Bitcoinsensus (@Bitcoinsensus) March 27, 2026

A notable consistency spanning all three cycles involves progressively higher cyclical lows. The first cycle established its base near $0.000020. The second cycle formed support around $0.00070. The third cycle has successfully defended levels above $0.09 throughout its current retracement.

This ascending low structure indicates buyer conviction intensifying at progressively higher valuations with each successive cycle. The pattern demonstrates Dogecoin attracting an expanding participant base across time.

Binance Trading Activity Reveals Bullish Sentiment Recent Binance metrics reveal a notable shift in trader positioning. The long-to-short ratio among experienced traders has expanded, evident in both participant count and capital allocation. This development indicates increasing numbers of traders establishing long positions on DOGE appreciation, with many expanding position sizes rather than reducing exposure.

Binance Top Trader’s $XRP long positions are increasing.

Long and short positions were similar, but now long positions are shifting to the upper hand. pic.twitter.com/kr5bNlEyHC

— CW (@CW8900) March 25, 2026

Such positioning typically reflects strengthening market conviction, though it simultaneously creates conditions for crowded trades. When trader sentiment becomes excessively one-directional, brief corrections frequently emerge.

Nevertheless, current positioning data confirms active accumulation at prevailing price levels, representing deliberate strategy rather than reactive trading to existing price movement.

Technical Indicators Suggest Market Coiling for Breakout Examining technical metrics, the RSI registers near 42 — occupying neutral territory between overbought and oversold conditions. The MACD displays minimal momentum. The ADX reads approximately 15, validating the absence of directional trend strength currently.

Bollinger Bands have contracted significantly, establishing resistance around $0.10 and support near $0.09. Historical precedent shows compressed bands typically precede volatility expansion.

A decisive move above $0.10 could establish a trajectory toward $0.15. Conversely, if support at $0.09 fails, additional downside becomes probable.

Regarding ETF activity, daily net inflows register at zero. Total net assets remain around $9.12 million without expansion. Institutional capital flows through this vehicle have remained dormant.

$DOGE is sitting at generational buying zone (imho)!! There’s no reason why this thing can’t hit $10+ this cycle! #DOGE has done 100x before, it can do it again. pic.twitter.com/Kkox1VuG9i

— Vuori Trading (@VuoriTrading) March 26, 2026

Market analyst Vuori Trading shared on X that DOGE currently occupies what they characterized as a “generational buying zone,” asserting that “there is no reason why this thing can’t hit $10+ this cycle.”

ETF inflows continue showing zero activity on a daily basis, with total net assets stabilized around $9.12 million.

Key Highlights Solana has achieved the highest number of all-time unique developers at 10,864, overtaking Ethereum’s 9,017 total Current SOL price sits at approximately $82.70, representing a massive decline from the 2025 high-water mark, with technical analyst Wealthmanager forecasting a decline toward $60 Three consecutive rejections at the $250 resistance zone demonstrate persistent selling pressure at that critical threshold The number of active DEX traders on Solana has collapsed to levels not seen in three years, indicating diminished on-chain engagement Technical analyst Crypto Patel identifies the present price zone near the 0.618 Fibonacci level as a possible long-term buying opportunity spanning $75 to $45 Solana (SOL) currently hovers around the $82.70 price point, maintaining a market capitalization exceeding $47 billion. The digital asset has experienced a dramatic pullback of more than 77% from its 2025 record high. Widespread cryptocurrency market turbulence has significantly impacted the token’s valuation despite impressive underlying network statistics.

[[IMG_4]]Solana (SOL) Price Network performance metrics remain robust. Solana has overtaken Ethereum in cumulative unique developer participation, boasting 10,864 contributors versus Ethereum’s 9,017 count. Polkadot occupies third position with 8,995 developers. The blockchain consistently handles more than 3,000 transactions every second on an ongoing basis.

However, solid fundamental indicators have failed to drive upward price momentum. SOL has encountered rejection at the $250 resistance threshold on three separate occasions. This price level has established itself as a formidable barrier where selling pressure reliably materializes.

Futures trading volume has experienced a pronounced decline following the previous peak. Bubble map analytics reveal diminishing demand throughout the market, with the intense buying activity that previously fueled the surge now notably absent.

Bearish Outlook: $60 Target Emerges Technical analyst Wealthmanager identifies a well-defined macro bearish trend extending from the 2025 apex. SOL continues forming successive lower peaks and troughs. Resistance spanning $100 to $120 has consistently repelled every upward correction effort.

Wealthmanager holds a short position outlook and anticipates a decline reaching the $60 threshold within a fortnight. Unconvincing bounce formations indicate that buyers currently lack sufficient strength to counteract prevailing downward pressure.

Should this support level fail, the $60–$65 demand area represents the subsequent critical zone for observation. This price range previously provided foundation during the 2024 uptrend.

$SOL 2D
Rising wedge + weakening momentum
Looks like breakdown

Downside expansion likely
(Trend continuation) pic.twitter.com/bQwxdTrBSM

— Crypto Patel (@CryptoPatel) March 26, 2026

Examining the two-day timeframe, price movements are developing what analyst Crypto Patel characterizes as a rising wedge configuration. This technical structure has emerged beneath the 200-week moving average. The pattern generally functions as a bearish continuation indicator when appearing following a substantial downturn.

The chart displays a rejection area positioned near the wedge’s upper boundary. A breakdown through the lower trendline would potentially trigger another downward wave.

On-Chain Metrics Show Deterioration An additional chart published by analyst Sweep using Dune Analytics reveals DEX trader participation on Solana descending to approximately three-year lows. Wallet counts across Solana-based decentralized exchanges experienced substantial growth throughout 2024 but have subsequently undergone sharp reversal.

The metric monitors trader quantity rather than aggregate transaction value. Nevertheless, the retreat to multi-year minimums underscores a pronounced deceleration in speculative network activity.

Contrarian Long-Term Perspective Remains Crypto Patel interprets the current trading zone through an alternative lens focused on extended timeframes. He observes Solana is positioned near the 0.618 Fibonacci retracement boundary, spanning $75 to $45. This region corresponds with historical support zones and previous consolidation phases.

Where Are All The Solana Maxis Now? 🤔

They Told Their Followers To Buy $SOL Above $250. Screamed “To The Moon” At ATH.

Now Price Is Below $80… And They’re Silent. Not A Single Tweet Saying “Buy Now.”

Funny How That Works Right?
Bullish At $250. Silent At $80. That Tells You… pic.twitter.com/SRiCYSIr5N

— Crypto Patel (@CryptoPatel) March 28, 2026

He designates this as a prospective accumulation territory, projecting long-term price objectives between $500 and $1,000 across multiple market cycles. He maintains this technical framework remains valid provided price action avoids a definitive breach below $45.

Analyst Moonbag shares a comparable perspective, highlighting price consolidation between support around $80 and resistance approaching $200. He envisions a potential upside breakout targeting $400–$600 should broader market sentiment strengthen.

As of publication, SOL is valued at $82.70.

Current market conditions for Bitcoin [BTC] reflected tight consolidation and muted volatility, yet underlying pressure continues to build beneath the surface.

Bitcoin traded within a sideways to bearish consolidation at press time, as loss realization dominated. Short-term holder outflows remained deeply negative across sessions, implying recent buyers were selling at losses, creating heavy price resistance.

A major capitulation spike near -80,000 BTC in early February aligned with a sharp drop from around $90,000 toward $65,000, highlighting forced selling.

Although flows later eased, they still hovered near -28,200 BTC, which signaled persistent stress.

Source: CryptoQuant At the same time, only 4.9% of the STH supply remains in profit, while the STH-MVRV at 0.7 kept recent buyers underwater, sustaining sell pressure.

Source: Glassnode Meanwhile, aggregate NUPL remained positive, showing long-term holders retained strong unrealized profits. As the trend holds, structure stays intact, yet ongoing STH selling continues to cap recovery and delay a breakout.

Whale stability signals absorption as weak-hand selling intensifies As short-term holders continue to realize losses and exit positions, attention shifts toward who is absorbing this supply. Notably, large holders are not selling into this pressure, which signals restraint.

Meanwhile, balances in the 10,000 to 100,000 BTC cohort remain near 3.5 million BTC, showing little deviation. Similarly, the 100,000 to 1 million group holds around 920,000 BTC, maintaining steady exposure.

Source: Joao Wedson/X Despite price swings from below $1,000 to above $100,000, these balances barely move, which reflects deliberate holding rather than distribution.

Source: Joao Wedson As weaker hands capitulate, this lack of outflows suggests whales see current levels as unattractive for selling. Instead, they maintain their exposure, absorbing supply from stressed sellers without further destabilizing the price.

This behavior explains why downside follow-through remains limited. Selling exists, yet it fails to trigger broader liquidation cascades.

In effect, the market is rotating supply into stronger hands, which keeps structure intact and increases the probability of stabilization over breakdown.

Strong hands absorb as weak hands exit As short-term holders continue to exit under pressure, the market begins to reveal where this supply is actually going. This flow is absorbing rather than triggering broader weakness, shifting the narrative toward redistribution instead of breakdown.

As losses expanded, Long-Term Holder Supply remained firm around 14.8 million BTC, showing no signs of distribution. At the same time, the monthly net position change climbed to 353,000 BTC, marking the strongest accumulation since April 2025.

This suggests larger participants are actively stepping in as weaker hands sell.

Source: CoinGlass Meanwhile, illiquid supply rises by 86,000–90,000 BTC, indicating coins are moving into wallets with low spending intent. As this rotation unfolds, STH supply contracts while LTH holdings expand, which gradually reduces future sell pressure.

Demand explains why this matters. Spot Taker CVD remains neutral to positive, indicating that buyers are currently meeting sell pressure.

This interaction defines the outcome, as sustained absorption keeps the price stable, increasing the likelihood of base formation rather than further breakdown.

Final Summary STH capitulation drives Bitcoin’s selling, yet whale stability and positive NUPL signal absorption, limiting BTC’s downside. Bitcoin shows redistribution as LTH accumulation and rising illiquid supply stabilize price, increasing base formation probability.

Silent Signals Expose a Deepening Rift Over the Clarity ActA subtle social media signal has sparked a loud debate across the crypto industry, and it’s coming from the very top. 

Crypto pundit Nico Cabrera recently highlighted that Paolo Ardoino liked a post calling on Brian Armstrong to ease off his push for stablecoin yields and stop standing in the way of the Clarity Act. 

On the surface, it’s a small gesture, but in a tightly watched industry where major players typically move in sync, it signals a growing divide beneath the surface.

At the center of the debate is the upcoming draft of the CLARITY Act’s stablecoin yield provisions, expected as early as next week. Designed to set clearer rules for digital assets in the U.S., the bill has quickly become a flashpoint between innovation and regulation. 

The key question is should stablecoin issuers and platforms be permitted to offer yield, effectively interest, on user holdings, or does that cross a line regulators aren’t willing to allow?

Brian Armstrong and Coinbase have championed yield-generating stablecoins as a way to deliver more value to users and keep crypto competitive with traditional finance. 

But not everyone is convinced. Regulators and parts of the industry worry that once stablecoins start offering yield, they begin to look a lot like bank deposits, raising the risk of tighter oversight and heavier financial regulation.

Paolo Ardoino Signals Divide as CLARITY Act Battle IntensifiesArdoino’s stance carries weight. As Tether, the largest stablecoin issuer, has long favored caution under regulatory scrutiny, his subtle alignment with criticism of Coinbase hints at a push for clearer, less confrontational rules.

The timing is notable. David Sacks is stepping down from his Washington advisory role just as Clarity Act negotiations heat up, while Coinbase reportedly readies a counterproposal after expressing frustration with earlier talks among top crypto leaders.

On the other hand, former Commodity Futures Trading Commission (CFTC) chair recently argued that the CLARITY Act may favor banks more than the crypto sector itself, highlighting a key tension: regulators risk prioritizing institutional comfort over innovation.

What’s unfolding is more than a policy debate, it’s a strategic rift among crypto leaders. Once united in driving mainstream adoption, major players now differ on how aggressively to push forward. 

As the CLARITY Act nears, these divisions could influence not only the bill’s outcome but the broader trajectory of the crypto industry.

ConclusionWhat seems like a simple social media like is far from trivial. Paolo Ardoino’s subtle signal and Brian Armstrong’s firm stance highlight a deeper struggle over crypto’s future under regulation. 

As the CLARITY Act nears a decisive phase, the debate goes beyond stablecoin yields, it’s about who sets the rules for the next financial era. How the industry navigates this clash could determine whether crypto emerges stronger and united, or fragmented and reshaped by compromise.

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

The Fear and Greed Index is currently printing single-digit values, indicating that the cryptocurrency market is deep in extreme fear. That type of reading indicates widespread risk aversion, forced selling and a lack of confidence among participants rather than mild uncertainty. Seldom do markets remain in this region for very long without either giving up or making a quick countermove.

Major assets follow fearThe sentiment is supported by price action across major assets. While Ethereum is perilously close to the $2,000 mark, Bitcoin has fallen toward the mid-$60,000 range after failing to maintain higher levels. After several breakdowns, XRP is still trending lower and finding it difficult to sustain support. All three assets have the same structure: lower highs, pressure from declining moving averages and feeble, rapidly failing recovery attempts.

XRP/USDT Chart by TradingViewMarket positioning and liquidity are impacted by extreme fear. Traders cut back on exposure, institutions retreat, and retail participation sharply declines when sentiment collapses to this degree. Price movements become more aggressive in both directions as liquidity thins out. Leverage is eliminated at the same time, as evidenced by recent spikes in liquidations. Short-term bearish momentum is strengthened, and downside volatility is amplified by this process.

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Extreme fear, though, is not entirely pessimistic. In the past, these circumstances frequently arise close to local bottoms, because the majority of sellers have already taken action, rather than because fundamentals abruptly improve. The timing is the issue. Before any significant reversal starts, markets may grind lower or move sideways for longer than participants anticipate.

Market will not stabilizeWith regard to XRP in particular, the chart indicates ongoing compression close to local support without a significant bullish catalyst. Ethereum is attempting to defend $2,000, but it is being undermined by numerous tests.

Investors should anticipate ongoing volatility and erroneous signals. Reclaiming important moving averages and resistance levels will be necessary to validate the likelihood of short-term bounces. Without it, rallies are still corrective.

BNP Paribas is broadening access to digital assets for French investors by adding crypto ETNs to its stock exchange offering.

Summary

BNP Paribas adds six new crypto-asset ETNsIntegration into the existing BNP Paribas exchange platformHow the new ETNs provide crypto exposureIssuers, risk management and selection processClient segments and rollout schedulePositioning within the European crypto-asset landscapeBNP Paribas group profile and strategic frameworkGeographical footprint and sustainable finance focus BNP Paribas adds six new crypto-asset ETNs BNP Paribas Commercial Banking in France has decided to expand its exchange-traded product range to include crypto-asset ETNs, giving retail clients a new way to gain exposure to Bitcoin and Ether. However, these products remain fully integrated into the bank’s traditional brokerage and advisory framework.

The bank’s retail clients in France can now invest in 6 new crypto-asset ETNs, each indexed to the performance of Bitcoin or Ether. Moreover, this launch aligns the bank’s offer with rising client interest in digital assets, while keeping investors within a regulated environment.

Integration into the existing BNP Paribas exchange platform BNP Paribas’ exchange offering already provides broad access to listed investments, including stocks, bonds, ETFs, SCPIs, and structured products. To respond to specific demand for exposure to the crypto-asset market, the bank is now extending this platform with 6 additional ETNs available via a standard securities account.

These new instruments are designed for autonomous trading by clients, without requiring direct handling of wallets or private keys. That said, they are offered under the MIFID2 regulatory framework, which sets rules on investor protection, product governance, and client suitability.

How the new ETNs provide crypto exposure The 6 listed notes are regulated ETNs that provide exposure to the performance of underlying crypto-assets through indirect investment. Investors track the price evolution of Bitcoin or Ether via the security, instead of buying or holding the coins directly on a crypto exchange.

Moreover, this structure allows clients to keep all their positions, from traditional equities to digital asset-linked securities, within the same banking ecosystem. The aim is to combine easier access to digital markets with the safeguards and reporting standards of a major European bank.

Issuers, risk management and selection process The new ETNs are issued by recognized asset managers chosen by BNP Paribas for their financial solidity and robust risk management frameworks. However, the bank continues to perform its own due diligence when selecting partners and instruments for its platform.

This selection process reflects the group’s focus on counterparty quality and operational resilience, especially for products linked to volatile assets such as Bitcoin and Ether. In addition, the bank positions these ETNs as tools for portfolio diversification rather than speculative trading.

Client segments and rollout schedule The 6 crypto-asset ETNs will be available through a securities account starting from 30 March 2026. From that date, they will be accessible to the bank’s individual and entrepreneurial clients, private banking clients, and Hello bank! clients in France.

Moreover, BNP Paribas plans a progressive rollout for BNP Paribas Wealth Management clients outside France. The bank intends to open access to these instruments in other jurisdictions where regulatory conditions and client demand justify such an extension.

Positioning within the European crypto-asset landscape With this move, BNP Paribas reinforces its role as a gateway between traditional markets and crypto assets, while keeping a strong focus on regulation and compliance. The introduction of crypto etns follows growing institutional interest in digital asset-linked securities across Europe.

However, the bank maintains a cautious, step-by-step approach, emphasizing investor education, product transparency, and alignment with existing European rules such as MIFID2. This strategy is designed to balance innovation with risk control for both retail and wealth clients.

BNP Paribas group profile and strategic framework BNP Paribas is a leading European banking and financial services group, operating in 64 countries with nearly 178,000 employees, including more than 144,000 in Europe. The group organizes its activities around three main business lines, covering commercial banking, savings, and institutional services.

Within Commercial, Personal Banking & Services, the bank serves individuals and businesses through retail networks and specialized entities such as BNP Paribas Personal Finance and Arval. In addition, its Investment & Protection Services division structures savings, investment, and protection solutions for a wide range of clients.

The Corporate & Institutional Banking arm focuses on corporates and institutional investors, offering financing, capital markets, and advisory services. Moreover, the group relies on a diversified and integrated model that supports clients from project financing to asset management and insurance solutions.

Geographical footprint and sustainable finance focus In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The group is also rolling out its integrated commercial and personal banking model across Mediterranean countries, Türkiye, and several markets in Eastern Europe.

Beyond Europe, the bank has leading platforms in the Americas and a solid, fast-growing presence in the Asia-Pacific region. Furthermore, BNP Paribas embeds a Corporate Social Responsibility approach across all activities, aiming to support a sustainable future while maintaining the group’s financial performance and long-term stability.

In summary, the addition of six crypto-asset ETNs from 30 March 2026 extends BNP Paribas’ regulated market access to digital assets, aligning growing investor interest in Bitcoin and Ether with the bank’s established standards for protection, transparency, and global reach.

Lorenzo Marcek

Lorenzo Marcek is a financial journalist and senior crypto markets analyst known for his clear, data-driven approach to digital asset reporting. With a background in economics and more than a decade covering global markets, he specializes in on-chain metrics, institutional adoption trends, and macro-driven crypto movements. His work blends investigative journalism with technical market insight, making him a trusted voice for traders seeking grounded, actionable analysis.

Solana (SOL) is struggling to shake off a bearish price trend even as its underlying network metrics remain comparatively strong, underscoring the widening gap between 'fundamentals' and risk appetite across the crypto market.

As of Sunday, March 29 (UTC), SOL was trading in a tight band around the low-$80s, hovering roughly between $82 and $84. The token has been among the weakest performers in the large-cap crypto cohort over the past week, pressured by reported ETF-related outflows, a broader derivatives-driven reset tied to Bitcoin (BTC) options expiry, and a rise in geopolitical uncertainty that has weighed on high-beta assets.

Market data showed SOL near $82.34 with roughly $2.30 billion in 24-hour trading volume, down modestly on the day but still posting a steep weekly decline of about 5.7%. Solana’s market capitalization stood near $47.1 billion, keeping it around seventh place among cryptocurrencies by market value. Trading venues reported similar pricing dynamics, with intraday ranges roughly spanning $81.7 to $86.

Technicals continued to reflect fragile sentiment. The relative strength index (RSI) sat around 43—below the neutral midpoint and approaching oversold territory—while SOL traded near or under its short-term moving averages, reinforcing the view that rallies are being met with selling pressure. Some analysts have warned that if broader market weakness persists, SOL could revisit lower support levels, with $50 frequently cited as a potential stress-test zone after prior supply rejection at much higher levels.

At the same time, near-term signals were mixed rather than decisively negative. Prediction markets were essentially split on immediate direction, and several model-driven gauges placed SOL in a 'neutral' regime, with the $90 level widely viewed as a key inflection point for determining whether the market can transition into a more sustained recovery.

The price softness has coincided with cooling on-chain activity. Over the past month, transaction counts were reported down about 3.2% and active addresses down roughly 11%, while 24-hour spot volume fell sharply—evidence that participation has thinned as traders de-risk. That said, Solana’s longer-run ecosystem indicators remain a focal point for bulls. Data cited in Korean-language coverage indicated Solana has surpassed Ethereum (ETH) in cumulative unique developers, reaching about 10,864 versus Ethereum’s roughly 9,017, while also sustaining throughput metrics above 3,000 transactions per second (TPS), highlighting its performance positioning among major Layer 1s.

Some market watchers argue that infrastructure activity across the Solana ecosystem is beginning to re-accelerate, and that ongoing Layer 1 upgrades could provide a catalyst once macro conditions stabilize. Others counter that rising Bitcoin dominance and elevated 'fear' in the market are likely to cap upside attempts, particularly if liquidity continues to gravitate toward BTC during periods of uncertainty.

Despite the broader drawdown—SOL remains about 72% below its all-time high—longer-horizon forecasts in the market remain upbeat. Some analysts expect Solana to reclaim $100 by late April, with more aggressive projections pointing to $300 or higher by year-end, though SOL’s recent performance metrics reflect an ongoing multi-month adjustment phase, including sharp declines over the last 60 to 90 days.

For now, traders appear focused on whether SOL can reclaim and hold above $90, how Bitcoin’s derivatives and spot flows evolve, and whether measurable improvements in Solana’s ecosystem activity translate into renewed 'liquidity inflow'—a combination likely to determine whether strong fundamentals can once again command a premium in price.

Article Summary by TokenPost.ai

🔎 Market Interpretation

Price action remains weak despite solid fundamentals: SOL trades in the low-$80s (~$82–$84), with bearish technicals and a ~5.7% weekly decline, highlighting a gap between network strength and market risk appetite.

Macro/flows are the main headwinds: Reported ETF-related outflows, a derivatives-driven reset around BTC options expiry, and heightened geopolitical uncertainty are pressuring high-beta assets like SOL.

Key technical posture: RSI ~43 (below neutral, nearing oversold) and price near/under short-term moving averages suggest rallies are being sold; downside risk includes a frequently cited stress-test zone near $50 if broader weakness persists.

Near-term ambiguity persists: Prediction markets are split and some quant signals read “neutral,” with $90 broadly viewed as the inflection point separating renewed recovery from continued distribution.

Participation has thinned: On-chain activity cooled (transactions -3.2% over a month; active addresses -11%), and 24h spot volume fell, consistent with de-risking and reduced liquidity.

Structural competition narrative remains supportive: Solana is cited as surpassing Ethereum in cumulative unique developers (SOL ~10,864 vs ETH ~9,017) and sustaining >3,000 TPS, reinforcing the “high-throughput L1” value proposition.

Dominance risk: Rising Bitcoin dominance and elevated market fear could cap SOL upside if capital concentrates in BTC during uncertainty.

💡 Strategic Points

Primary trigger level: Market focus is on whether SOL can reclaim and hold above $90; sustained acceptance above this zone would improve the odds of a trend transition.

Support/risk planning: If macro weakness intensifies, traders cite lower supports, with $50 often referenced as a major stress-test level; risk management should reflect SOL’s high beta.

Confirmations to watch beyond price:

Stabilization/improvement in active addresses and transaction counts (signs participation is returning).

Recovery in spot volume alongside positive price action (healthier, liquidity-backed rallies).

Bitcoin derivatives and spot flows after options expiry effects fade (often sets the tone for alt risk appetite).

Fundamentals as a delayed catalyst: Ecosystem upgrades and developer momentum may matter most once macro conditions stabilize; until then, fundamentals may not be immediately “monetized” in price.

Expectation management: While forecasts range from $100 by late April to $300+ by year-end, SOL is still ~72% below ATH and is in a multi-month adjustment phase—suggesting outcomes are path-dependent on liquidity and macro.

📘 Glossary

RSI (Relative Strength Index): A momentum indicator (0–100). Below 50 suggests weakening momentum; near/under 30 is often considered oversold.

Moving Averages (MAs): Smoothed price measures used to gauge trend direction; price below short-term MAs can imply bearish bias.

Options Expiry / Derivatives Reset: When large options positions expire, hedging flows and repositioning can spill into spot and futures, impacting broader market direction.

ETF Outflows: Net withdrawals from exchange-traded products tied to an asset/sector, often signaling reduced institutional demand or risk appetite.

High-beta asset: An asset that tends to move more than the broader market (higher volatility and sensitivity to sentiment).

Bitcoin Dominance: BTC’s share of total crypto market capitalization; rising dominance can indicate capital rotating from alts into BTC.

Active addresses: The number of unique addresses participating in transactions over a period; a proxy for user activity.

TPS (Transactions Per Second): A throughput metric indicating how many transactions a network can process per second.

Layer 1 (L1): A base blockchain network (e.g., Solana, Ethereum) on which applications are built.

Liquidity inflow: New capital entering an asset/market, often visible through rising volumes, tighter spreads, and sustained buying pressure.

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>

French multinational universal bank BNP Paribas is expanding its investment offering to include six crypto-linked exchange-traded notes (ETNs), giving retail clients in France access to Bitcoin and Ether exposure through regulated products.

The new ETNs, indexed to the price of Bitcoin (BTC) and Ether (ETH), will be available from Monday via standard securities accounts, according to the company. The products are open to individual investors, entrepreneurs, private banking clients and users of the bank’s digital platform, Hello bank!. The rollout may later extend to wealth management clients outside France.

Unlike direct crypto purchases, ETNs allow investors to track the performance of digital assets without holding them. ETNs have credit risk (if the bank fails, you lose money), no tracking error and tax advantages.

The move builds on the French bank’s broader digital asset efforts. In 2024, BNP Paribas arranged and placed Slovenia’s first digital sovereign bond, marking the European Union’s debut issuance of a blockchain-based government bond.

BNP Paribas join Canton NetworkIn September last year, BNP Paribas and HSBC joined the Canton Foundation, which governs the Canton Network, a blockchain focused on institutional finance and real-world asset tokenization.

Prior to this, BNP Paribas joined Goldman Sachs, Citadel and other major financial players in backing Digital Asset’s $135 million funding round. Digital Asset is the firm behind Canton.

Last month, BNP Paribas Asset Management also launched a tokenized share class of a money market fund on the Ethereum blockchain, expanding its push into fund tokenization using public infrastructure. The move builds on an earlier private blockchain issuance in Luxembourg.

Crypto ETN adoption grows in EuropeAdoption of crypto-linked ETNs is expanding across Europe, with ING Germany adding new products from Bitwise and VanEck to its investment offering.

Crypto ETNs also returned to the UK retail market in October 2025 after the Financial Conduct Authority (FCA) reversed a ban imposed in 2021.

Magazine: Bitcoin may take 7 years to upgrade to post-quantum — BIP-360 co-author

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy

Key Takeaways On March 26, XRP’s Sharpe Ratio shifted into positive territory, indicating that current returns are outpacing associated risks Large holder inflows have maintained an average of $9 million daily over 30 days, marking the most sustained accumulation period since the April–July 2025 window Futures open interest jumped 14.8% within 24 hours on March 26, though recurring long position liquidations reveal derivatives market instability Following a breakdown from an ascending triangle formation, XRP has declined 13.63% across 10 days, with critical support zones at $1.27 and $1.11 under watch Price projections from various analysts and forecasting models span from $5.35 by 2030 to optimistic multi-year targets between $17 and $27 Ripple’s native token is currently changing hands between $1.33 and $1.40, hovering near recent lows following a challenging period of downward momentum. The digital asset has shed 13.63% of its value over the last 10 days after failing to hold support within a bullish ascending triangle formation.

XRP Price Despite this bearish price movement, certain blockchain metrics are beginning to reveal encouraging trends developing under the hood.

The risk-adjusted return metric for XRP crossed into positive territory on March 26. With the 30-day average return registering at 0.00063 and a Sharpe Ratio of 0.0267, crypto analyst Arab Chain noted that this reading implies “current returns still exceed risk” and indicates a “gradual positive rebalancing” for the digital asset. The analyst cautioned that if this indicator reverses back into negative values, it could foreshadow renewed volatility.

Large wallet activity has also intensified. The 30-day moving average for XRP whale-sized inflows now stands at $9 million daily. This accumulation trend has persisted since February 27 — representing the longest uninterrupted streak since the April through July 2025 timeframe. That previous accumulation cycle culminated with XRP reaching its all-time peak of $3.65 on July 18, 2025.

Source: CryptoQuant Derivatives Market Under Pressure Crypto analyst Amr Taha highlighted that the 24-hour change in open interest reached 14.8% on March 26, representing the highest reading since March 4. This indicates fresh trader engagement in the market. However, the underlying data also reveals a pattern of heavy long positioning being systematically eliminated.

Liquidation events exceeding $2.5 million occurred on March 18, followed by $2.45 million on March 21 and another $2.15 million on March 26. These consecutive liquidation waves suggest a vulnerable futures environment, where speculative positions continue to be forced out during brief volatility spikes.

Should present market dynamics persist, market observers anticipate possible retests of the $1.27 support level and the yearly low around $1.11.

Extended Price Forecasts Show Wide Range Analyst Egrag Crypto has identified a macro-scale ascending triangle pattern for XRP with Fibonacci-based targets at $8, $17, and $27, describing the ongoing pullback as a “retest phase” that represents “normal and necessary” price behavior. Fellow analyst Dark Defender projects XRP could potentially climb into the $5 territory.

#XRP – Macro Ascending Triangle 📐($8 → $17 → $27):

💡This is not random price action….. this is structure playing out over years.

🟡Macro View:
▫️ #XRP is holding a multi-year ascending trend (MYATL)
▫️ Formed a macro ascending triangle
▫️ Brokeout already happened → now… pic.twitter.com/LqmVgYmoGF

— EGRAG CRYPTO (@egragcrypto) March 22, 2026

CoinCodex algorithmic forecasts estimate XRP reaching $1.64 by the close of 2026, advancing to $5.35 by 2030, $8.06 by 2040, and ultimately $13.42 by 2050.

The potential passage of cryptocurrency regulatory clarity legislation is also mentioned as a possible price catalyst, considering XRP’s documented sensitivity to regulatory developments.

XRP whale-tier inflows have maintained positive territory for more than 30 days, with the rolling 30-day average positioned at $9 million per day as of late March 2026.

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21Shares will distribute staking proceeds to holders of its Ethereum ETF (TETH) and Solana ETF (TSOL) on March 31, 2026, marking at least the third monthly cycle of on-chain yield pass-throughs from a crypto exchange-traded fund issuer to its investors.

TETH holders will receive $0.012530 per share, while TSOL holders will receive $0.016962 per share. Both funds carry an ex-dividend and record date of March 30, 2026, with payment scheduled the following day.

The distributions represent proceeds from the sale of staking rewards earned by each fund, not a return of principal. 21Shares, which describes itself as one of the world’s largest issuers of cryptocurrency exchange-traded products, confirmed the payout schedule alongside risk disclosures noting that neither fund is registered under the Investment Company Act of 1940.

21Shares Sets March 31 Staking Distribution Date for ETH and SOL ETF Holders The March 31 distribution continues a pattern of recurring monthly staking payouts from 21Shares. A prior TETH staking distribution paid $0.010378 per share on January 9, 2026, while TSOL distributed $0.316871 per share on February 17, 2026.

The latest TETH payout of $0.012530 per share represents a roughly 21% increase over the January distribution. The TSOL figure, however, dropped sharply from the February level, falling from $0.316871 to $0.016962 per share.

According to unconfirmed reports, the significant decline in the TSOL distribution amount may reflect differences in staking period lengths or changes in accounting methodology between the two payout cycles. 21Shares has not publicly explained the variance.

Shareholders are advised to consult tax advisors, as the tax treatment of staking proceeds distributions may vary by jurisdiction.

How Staking Yield Flows From the Blockchain to ETF Investors Staking is the process by which holders of proof-of-stake cryptocurrencies lock tokens to help validate transactions on the network, earning rewards in return. Ethereum currently offers an annualized staking yield of approximately 3-4%, while Solana staking yields run higher, in the range of 6-8%.

21Shares stakes the underlying ETH and SOL held by TETH and TSOL, accumulates the on-chain rewards, sells them, and passes the cash proceeds to investors as distributions. This mechanism differentiates staking ETFs from standard crypto ETFs that simply hold the underlying asset without generating yield.

For crypto-native investors accustomed to staking directly through wallets or protocols, the ETF structure offers a trade-off: simplified access and custody in a regulated wrapper, offset by management fees that reduce the net yield compared to self-custody staking. The ETF route eliminates the technical complexity and smart contract risk associated with direct staking or liquid staking protocols.

Ethereum is currently trading at approximately $2,000 with a market cap of roughly $241.28 billion. That price level has drawn attention across the market, with Ethereum recently falling below the $2,000 threshold as broader market conditions remain under pressure.

Solana trades at approximately $82.56 with a market cap of around $47.26 billion. Both assets have seen subdued price action amid a market environment where the Fear and Greed Index sits at 9, deep in “Extreme Fear” territory.

Why Staking Yield Distribution Matters for ETF Investors The ability to pass staking rewards through to fund holders gives 21Shares a structural advantage over non-staking crypto ETFs. A standard spot ETH ETF simply tracks the price of Ethereum; a staking ETF adds incremental yield on top of price exposure, effectively giving holders a return that non-staking products cannot match.

This distinction matters most in sideways or declining markets. When price appreciation stalls, staking yield becomes the primary source of positive return for ETF holders. In the current environment of extreme fear and depressed crypto prices, that yield, however modest, represents tangible income.

Solana ETFs as a category have demonstrated strong investor appetite despite difficult conditions. Bloomberg Intelligence analyst Eric Balchunas noted that Solana ETFs as a group have attracted $2 billion in inflows since launch, with net inflows occurring nearly every day.

21Shares is debuting their spot Solana ETF today $TSOL.. which will have fee of 21bps and is opening with $100m in aum.. the Solana ETFs have now taken in $2b as a group- with inflows basically every day, not bad considering the ‘extreme fear’ rn pic.twitter.com/K7rs14VTEB

— Eric Balchunas (@EricBalchunas) November 19, 2025

Source: @EricBalchunas on X

TSOL launched with $100 million in assets under management and a fee of 21 basis points, positioning it competitively within the growing Solana ETF landscape. The combination of low fees and staking yield pass-through creates a product profile that appeals to institutional investors seeking regulated crypto exposure with built-in income.

21Shares’ Position in the Crypto ETP Market 21Shares operates one of the largest crypto exchange-traded product lineups globally, spanning multiple assets and staking-enabled funds. The issuer’s recurring monthly distributions on TETH and TSOL establish a track record that few competitors can match in terms of consistency.

The company also maintains a relationship with Ark Invest through the ARK 21Shares product suite in the United States. That connection is significant for investors tracking the US ETF landscape, where macroeconomic pressures including oil-driven inflation concerns continue to shape expectations around Federal Reserve policy and risk asset allocations.

21Shares is among the first issuers to pass staking rewards directly to US ETF shareholders, a model that larger issuers like BlackRock and Grayscale have sought SEC approval to adopt. If those applications succeed, the staking ETF category could expand significantly, but 21Shares will have established a first-mover advantage with months of distribution history.

Staking Yields and the Evolving Crypto ETF Landscape The SEC acknowledged 21Shares’ proposal in early 2025 to permit staking on its Ethereum ETF. The March 31 distribution represents the realized activation of that staking yield pass-through, turning a regulatory approval into tangible investor income.

The broader question is whether US regulators will extend similar permissions to other issuers. Multiple spot ETH ETF applicants, including Fidelity and Franklin Templeton, have signaled interest in incorporating staking into their fund structures. Each approval would validate the model 21Shares pioneered and expand the addressable market for staking-enabled crypto ETFs.

Network-level developments could also affect future yields. The Ethereum Pectra upgrade, among other planned protocol changes, has the potential to alter staking economics on Ethereum. For ETF issuers, shifts in base staking yields flow directly through to distribution amounts, making protocol-level governance a factor in product competitiveness.

Meanwhile, broader enforcement actions in the crypto space continue to shape the regulatory environment in which products like TETH and TSOL operate, reinforcing the importance of compliance-first product design.

FAQ Who qualifies for the March 31 distribution? Investors who hold shares of TETH or TSOL as of the record date, March 30, 2026, are eligible for the distribution. The ex-dividend date is also March 30, meaning shares purchased on or after that date will not qualify for this payout cycle. The distribution will be credited automatically through the investor’s brokerage account.

Are these ETFs available to US-based investors? TETH and TSOL are accessible to US investors. However, neither fund is registered as an investment company under the Investment Company Act of 1940, which means they operate under a different regulatory framework than traditional registered investment funds. Investors should review the fund prospectus and consult a financial advisor before investing.

How are staking proceeds from an ETF taxed compared to direct staking rewards? Tax treatment of staking distributions from an ETF structure may differ from direct staking rewards earned in a personal wallet. The classification of distributions, whether as ordinary income, capital gains, or return of capital, can vary by jurisdiction and individual tax circumstances. 21Shares advises shareholders to consult a tax advisor for guidance specific to their situation.

Will 21Shares continue distributing staking proceeds after March 31? The pattern of monthly distributions, with payouts recorded in January, February, and now March 2026, suggests an ongoing schedule. However, 21Shares has not publicly committed to a fixed distribution calendar. Future distributions depend on staking rewards earned by each fund, which fluctuate with network conditions, validator performance, and protocol-level changes to staking economics.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.

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Public Bitcoin miners who have either partially or wholly ditched the sector and pivoted to AI could be an incredible boost to those remaining behind. While this lowers the hashrate and perceived network security, the shift is not that bad for Bitcoin, according to analysts. 

This week, MARA offloaded 15,133 BTC, worth over $1 billion, reducing its outstanding debt by 30%. The firm recently partnered with Starwood to develop AI data centers.  

Other public miners, such as Bitdeer, dumped their entire BTC, and Riot also offloaded part of their holdings to fund AI data ventures. For analyst Billy Boone, the AI bet is currently paying better than BTC mining. 

But the exits also allow solo miners and those who remain to get higher margins. Boone clarified, 

When they (large miners) redirect capital and infrastructure toward AI, that hashrate comes offline. Unless equivalent hashrate fills the gap, difficulty drops. Lower difficulty = higher margins for every miner who stays.

Is the West Asia crisis a catalyst for Bitcoin miners? For the uninitiated, hashrate refers to the computing power needed to mine BTC by solving mathematical problems. 

On the other hand, network difficulty is a self-adjusting parameter that is adjusted every two weeks to determine how easy or challenging it is to mine BTC. Both help enhance Bitcoin network security. 

Interestingly, the current market cycle has seen the lowest network difficulty growth at only 75% as key players shift to AI. 

Source: X/Billy Boone  In other words, it is relatively easier to find new blocks (BTC) for solo and medium miners. But another opportunity may present itself if the West Asia crisis extends into April, added Boone. 

If the Strait of Hormuz stays closed into April, energy prices climb. Oil-dependent miners get hit hardest. This might be the best setup small/medium miners with stable PPA’s have seen since the 2021 China mining ban.

Barefoot Mining CEO Bob Burnett echoed Boone’s analysis of the segment and added, 

Public miners pushed out smaller miners. The ecosystem will be much better balanced with much less hash rate in their control.

Status of Bitcoin miner distress That said, the miner distress seen from late November eased earlier this month, as shown by Hash Ribbon (shaded areas). Consequently, this reduced miner sell-off and boosted the March BTC price recovery. 

Source: Glassnode However, if BTC drops below $65K, there is likely to be another distress that could subdue BTC if miners begin offloading again. 

Final Summary  Analysts viewed the trend of public Bitcoin miners, such as MARA, partially or wholly pivoting to AI as bringing “better balance” for solo and medium miners.   Miner distress eased in early March, but any further price drop could prompt miners to offload their BTC. 

Bitcoin price remains in a technical bear market this week after falling by double digits from the all-time high. BTC was trading at $66,800 on Sunday, and its fundamentals and technicals suggest that it has more downside to go in the foreseeable future.

Bitcoin price technical analysis points to a steep crash The three-day timeframe chart shows that the BTC price has slumped in the past few months, falling from a high of $126,300 in October last year to the current $66,800.

A closer look shows that the coin is at a significant risk of further downside as it has formed a bearish flag pattern. This pattern started forming in January when it was trading at $90,000. It then plunged to a low of $60,393 in February, forming a flagpole. 

Bitcoin has now formed a rising channel, which was part of the flag section. This pattern is notable as the coin formed a similar one between October last year and January this year.

Bitcoin has also formed a death cross pattern, which happens when the 50-day and 200-day Exponential Moving Averages (EMA) cross each other. It has also remained below the Supertrend and the Supertrend indicators.

Therefore, the coin will likely continue falling, potentially to the next key target being at $60,400, its lowest level in February this year. A move below that level will point to more downside, potentially to the psychological level at $50,000.

BTC price chart | Source: TradingView 

Bitcoin at risk as Houthis join the war BTC and other cryptocurrencies may be at risk as the Iran war escalates, with the Houthis joining the war and US military officials arriving in the Middle East.

President Donald Trump likely wants to occupy the crucial Kharg Island and then take control of the Strait of Hormuz, a route where 20% of crude oil passes through.

The implications of all this is that crude oil prices will continue rising in the coming weeks, leading to higher inflation in the United States. As a result, the Federal Reserve will likely maintain a hawkish tone, possibly by hiking interest rates.

Meanwhile, there are signs that American investors are capitulating and selling their coins. Data compiled by SoSoValue shows that spot Bitcoin ETFs shed over $296 million in assets last week, ending a four-week streak of inflows when these funds added over $2.2 billion.

Bitcoin’s futures open interest has continued growing in the past few weeks, a sign that demand is waning. The open interest has remained at $48 billion, where it has remained in the past few months. It has remained much lower than last year's high of over $95 billion.

There are signs that Michael Saylor’s Strategy is the only major Digital Asset Treasury (DAT) company that is accumulating Bitcoin. The company bought 1,030 coins in the previous week, bringing the total holdings to 762,099.

Some Bitcoin treasury companies have started selling their holdings. For example, MARA Holdings sold over 15,000 coins last week and used the funds to reduce its debt to fund its pivot to the artificial intelligence industry.

Stablecoin flows have long served as a key signal of a bull or bear market.

In other words, tracking how liquidity moves during any given cycle can tell you a lot about investor sentiment, whether people are feeling risk-on and buying in or risk-off and pulling back.

Now, add in the fact that macro volatility is hitting new highs almost every day, and these flows become even more critical.

This month alone, the stablecoin market cap has added nearly $7 billion, with mid-March seeing the market inch closer to its all-time high of $120 billion.

But here’s the interesting part: Not all stablecoins are participating equally. Compared to others, Tether [USDT] has been contributing less to these flows.

Source: TradingView (USDT/USD) According to DeFiLlama, USDT’s one-month change sits at just 0.2%, while USDC has jumped 3.05%, and even SkyDollar has posted a massive 17.6% gain.

Basically, while the overall stablecoin market is heating up, USDT’s liquidity is staying flat, hinting that traders are being more cautious with it.

In fact, this caution is also showing up on the charts. USDC’s market cap hit an all-time high of $78 billion in March, but USDT is still $3 billion below its end-of-December level of $187 billion.

In short, Tether is lagging, highlighting weaker participation and a softer technical setup compared to its peers.

That said, if you dig a little deeper, the USDT outflow lines up closely with Bitcoin’s [BTC] market top around $97k back in early January. This suggests that some of Tether’s liquidity likely pulled back as traders locked in profits at the BTC peak.

That makes USDT flows a key metric for BTC movements and a crucial signal to watch for broader market trends.

Market eyes turn to Tether ahead of key announcements Despite the recent underperformance, Tether still holds the crown as the most dominant stablecoin.

Clearly, this dynamic was on full display during the recent pullback in BTC, where USDT outflows highlighted how even a modest $3 billion shift can have outsized effects.

When traders pulled USDT off the market, it reflected profit-taking around the BTC peak, alongside signaling broader risk-off sentiment. 

Naturally, that makes Tether’s upcoming product launches even more interesting. In a recent post on X, CEO Paolo Ardoino teased three new products launching over the next three weeks, signaling that Tether is doubling down on innovation and market positioning. 

Source: X According to AMBCrypto, the timing couldn’t have been better.

USDT has been stuck around the $184 billion mark for over a month, which lines up pretty closely with Bitcoin’s sideways consolidation between $65k and $73k. This shows just how closely Tether and BTC moves are connected.

In that sense, a bottom in USDT could act as an early hint of market stabilization.

And clearly, Tether’s recent strategic moves only reinforce this possibility. For traders, USDT flows therefore become a key signal to gauge risk appetite across the crypto market and a clue for where Bitcoin’s next bullish leg could come from.

Final Summary Stablecoin liquidity, especially USDT, closely tracks Bitcoin’s moves, making it a key metric for gauging risk-on or risk-off sentiment. Tether’s upcoming product launches and strategic initiatives may revive USDT flows, potentially stabilizing the market and signaling Bitcoin’s next bullish leg.

Pi Network has officially announced that its Mainnet is upgrading to Protocol 21, with a hard deadline of April 6 for all node operators to complete the update. Any node that fails to upgrade in time will be disconnected from the network.

The Pi Core Team posted the announcement on X, directing node operators to follow the steps outlined in the official upgrade guide. The message was clear: this is not optional, and missing the deadline means losing your connection to the Mainnet entirely.

What the Upgrade Means

Protocol 21 is part of Pi Network’s ongoing series of node upgrades leading toward the much-anticipated v23.0 release scheduled for May 18. The sequential upgrade process is designed to ensure stability across the network, with each version building on the last before a more significant update rolls out.

Node operators play a central role in the Pi ecosystem. They validate transactions, maintain consensus, and keep the network running reliably. Missing a mandatory upgrade is not a minor inconvenience. It means falling out of sync with the rest of the network entirely.

The Community Is Frustrated

While the technical announcement was straightforward, the community reaction underneath it told a different story. Hundreds of Pioneers took the opportunity to voice long-running frustrations, many of them centred on a single issue: KYC.

User Baqeer wrote simply: “Since the launch of Pi, I am mining. Up to now they did not give me a KYC slot.” His comment resonated widely, with many others sharing similar experiences of waiting years for verification that never arrived.

Another user named shared that his KYC had been stuck for three years despite completing every item on his Mainnet checklist except one step that he says is not within his control.

“PCT, please kindly attend to these issues for us,” he wrote.

A Bigger Concern

Beyond the KYC frustration, some users raised a more existential question about the network’s direction. One commenter warned that if node participation continues to decline, the network could eventually consolidate into a small number of nodes, undermining the decentralisation Pi Network was built to achieve.

Pi Network has not publicly responded to the KYC complaints in the replies to the Protocol 21 announcement. For now, node operators have until April 6 to upgrade, while millions of ordinary Pioneers continue waiting for the verification that would allow them to access what they have spent years mining.

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Ripple (XRP) is locked in a high-stakes tug-of-war near the $1.30 level, a zone traders are treating as a ‘make-or-break’ support after a steady slide from recent highs. While several leading AI models broadly agree the token is in a ‘bottom-finding’ phase, their assessments lean slightly toward further downside rather than an imminent trend reversal.

As of Sunday ET (Mar. 29), XRP was changing hands around $1.33, roughly 14% below its recent peak near $1.54. The broader technical backdrop remains heavy: XRP is trading more than 35% below its 200-day moving average (around $2.05), a widely watched gauge of longer-term trend health. That gap suggests any bounce could be ‘technical’ rather than the start of a sustained recovery unless the market can reclaim key moving averages and restore upside momentum.

Momentum indicators, however, are starting to complicate the bearish picture. XRP’s relative strength index (RSI) sits near 39—still weak, but no longer accelerating lower—hinting that sell pressure may be easing. Some model-driven readings also flag the possibility of a developing ‘momentum divergence,’ which can precede short-lived rebounds. Even so, analysts note that RSI has not fallen into a clear oversold regime below 30, meaning the market lacks a definitive capitulation-style signal that often accompanies more durable bottoms.

Among the AI assessments cited, GPT-5.2 frames the current tape as a ‘sideways base within a downtrend.’ It identifies $1.30–$1.32 as the critical support band and argues that holding this zone could allow a tactical rebound. But it also points to a sequence of lower highs and fading volume as signs that bearish control remains intact. GPT-5.2 estimates the probability of a rebound at roughly 42%, adding that a meaningful recovery scenario likely requires a break above $1.38—opening the door to $1.42–$1.45.

Claude Sonnet 4.6 takes a more cautious stance, describing XRP as sitting near the lower end of a Fibonacci retracement range—a typical area where markets ‘test the floor’ before choosing direction. It highlights an unusually sharp drop in trading activity—volume down more than 98% day-over-day in the referenced session—as a potential ‘liquidity vacuum’ that can precede abrupt moves. In Claude’s scenario analysis, the odds tilt above 50% toward additional near-term downside, with a warning that a loss of roughly $1.326 could expose the low-$1.20s and, in an extended selloff, levels near $1.117.

xAI’s Grok (4.1) is comparatively more constructive on the immediate outlook, emphasizing the approach toward oversold conditions and signs of improving volume in some windows. It assigns around a 55% chance of a rebound, with a similar upside trigger: a push through $1.385 could fuel a move toward $1.43–$1.45. Still, it also cautions that a breakdown below $1.326 could accelerate weakness—potentially dragging price swiftly back toward $1.30.

Taken together, the models converge on a two-layered message: XRP may be capable of short-term bounces, but the prevailing structure remains ‘bearish’ unless proven otherwise. In practice, that leaves the $1.30–$1.39 range as a decisive ‘box’ for near-term direction, with traders watching for either a breakout to validate a relief rally or a breakdown to confirm continuation lower.

Over the next 24 hours, the scenarios most frequently cited revolve around three paths. First, if $1.30 holds, XRP could attempt a move through $1.38 and rebound toward the low-$1.40s. Second, if $1.30 fails, downside could extend toward $1.26 and potentially into the low-$1.20s. Third, if volume remains suppressed, price may continue to drift between roughly $1.31 and $1.36 without establishing a clear trend.

Volume is emerging as the key swing factor. A sustained contraction in turnover can signal waning participation and heightened sensitivity to large orders—conditions that often precede sharper, less predictable price swings when liquidity returns. For now, XRP appears to have some ingredients for a ‘technical rebound,’ but the combination of a weakened long-term trend and thin participation leaves the market vulnerable to renewed sell pressure.

Ultimately, the immediate battleground is $1.30, while the larger dividing line remains the 200-day moving average near $2.05. Until XRP can reclaim long-term trend markers, market observers are likely to treat rallies as corrective moves within a broader downtrend rather than confirmation of a lasting reversal.

Article Summary by TokenPost.ai

🔎 Market Interpretation

Key battleground: XRP is hovering near $1.30–$1.32, viewed as “make-or-break” support after a slide from ~$1.54 to ~$1.33 (about -14%).

Macro technical bias remains bearish: Price is still ~35% below the 200-day moving average (~$2.05), implying any bounce may be corrective unless long-term levels are reclaimed.

Momentum is stabilizing, not reversing: RSI ~39 suggests weakness is easing, but the lack of an RSI dip below 30 means no clear “capitulation” signal for a durable bottom.

Volume is the swing variable: A sharp contraction in activity (including an AI-cited session with volume down ~98% day-over-day) can create a liquidity vacuum—often leading to abrupt, volatile moves when orders return.

Near-term “decision box”: Models converge on $1.30–$1.39 as the range that will likely determine whether XRP gets a relief rally or resumes the downtrend.

💡 Strategic Points

Support-first scenario (relief rally): If $1.30 holds and price reclaims $1.38–$1.385, upside targets cluster around $1.42–$1.45 (a tactical rebound rather than confirmed trend reversal).

Breakdown scenario (continuation lower): A sustained loss of ~$1.326 risks acceleration toward $1.26, then the low-$1.20s, with an extended downside reference near $1.117.

Range/low-liquidity drift: If volume stays muted, price may chop between roughly $1.31–$1.36 without a clean directional signal—raising the odds of sudden spikes once liquidity returns.

Model stance snapshot:

GPT-5.2: “Sideways base within a downtrend”; rebound probability ~42%; needs $1.38 break to open $1.42–$1.45.

Claude Sonnet 4.6: Slightly bearish tilt (>50% odds of further downside); highlights liquidity vacuum risk; warns sub-$1.326 can expose low-$1.20s and $1.117.

Grok 4.1: More constructive near-term (~55% rebound odds); similar trigger at $1.385; still flags fast weakness if $1.326 breaks.

Trend confirmation filter: Even if a bounce occurs, the article frames true structural improvement as unlikely until XRP starts reclaiming major moving averages—especially the 200-day MA (~$2.05).

📘 Glossary

Support (e.g., $1.30–$1.32): A price zone where buying demand is expected to absorb selling; a break can trigger accelerated declines.

Resistance (e.g., $1.38–$1.39): A zone where selling pressure may cap rallies; a breakout can trigger momentum-based buying.

200-day moving average (200D MA): A long-term trend indicator; trading well below it typically signals bearish longer-term structure.

RSI (Relative Strength Index): Momentum oscillator (0–100). Below 50 implies weak momentum; <30 is often labeled “oversold,” though not a guarantee of reversal.

Momentum divergence: When price makes new lows but momentum indicators weaken less (or rise), sometimes preceding a short-term rebound.

Fibonacci retracement: A tool to identify potential support/resistance zones based on prior moves; “testing the floor” refers to price probing these levels.

Liquidity vacuum: Extremely thin trading/low volume conditions where small order imbalances can cause outsized price swings.

Relief rally / technical rebound: A short-lived bounce within a broader downtrend, often driven by oversold conditions or short-covering rather than a true trend change.

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>

When you think of GLP-1s and investing, the two large pharmaceutical companies benefiting most from this trend may first come to mind. First, there's Novo Nordisk, the first to bring GLP-1 weight loss drugs to market, with Ozempic and Wegovy. Second, there's Eli Lilly, beating Novo Nordisk at its own game, with its Zepbound GLP-1 treatment.

Several other big pharma companies, like Pfizer, have their own injectable and oral-based GLP-1 candidates. The market incumbents are also working on orally administered candidates. But what if a lesser-known candidate, from a smaller biotech company, ultimately gives both Novo Nordisk and Lilly a run for their money?

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Let's take a closer look at Viking Therapeutics (VKTX 5.05%), a dark horse contender among GLP-1 stocks, and why this factor could be the stock's key to a threefold surge.

Image source: Getty Images.

Viking, VK2735, and the $100 billion opportunity It's not just hype that has led pharmaceutical stocks like Novo Nordisk and Eli Lilly to add hundreds of billions to their market caps due to the rise of GLP-1s. Estimates call for the GLP-1 weight loss market to reach annual sales of $100 billion by the start of the next decade, especially if orally administered GLP-1s come to market.  

This is what gives Viking Therapeutics and its VK2735 candidate so much potential. The injectable version of this drug is currently in phase 3 clinical trials. A phase 2 clinical trial of an orally administered version completed last year. Initial trial results have been highly promising. However, it is phase 3 trials, including a phase 3 trial for the oral version VK2735 scheduled to begin later this year, that could make or break the stock.

If subsequent clinical trial results disappoint, the commercial prospects of VK2735, and in turn Viking stock, could plummet. On the flip side, if subsequent trials yield promising results, Viking Therapeutics' share price may skyrocket. If VK2735 is commercially viable, Viking could become an instant takeover target among biotech stocks. Given the market opportunity relative to Viking's small $4 billion market cap, acquisition offers of as much as 3 times Viking's current valuation are not out of the question. In the past, Viking, trading for around $32 per share today, at one point traded at prices nearing $100 per share.

A binary bet, so size your position accordingly Make no mistake. The situation with Viking Pharmaceuticals is binary. Either VK2735 moves ahead, or it doesn't. The downside risk is considerably high with this stock. Prior to the emergence of this GLP-1 catalyst, shares traded in the low single digits.

Yet while downside potential is massive, so is upside potential. Not only that, the time horizon for Viking's "moment of truth" could be as little as a matter of months. Compare that to other biotech stocks, which are years away from finding out whether they have struck oil or merely drilled a dry well.

By no means should you bet the ranch on this stock if you decide to buy. Position-size accordingly. However, if you've done your homework and also see an opportunity here, consider Viking Therapeutics worthy of a speculative buy.

Taking a look at what stocks Wall Street analysts believe could be great buys is a great way to source investment ideas. With the market turning bearish on the artificial intelligence (AI) outlook (for really no good reason), now is an excellent time to go bargain hunting.

One that I follow that looks like a no-brainer buy based on Wall Street projections is SoundHound AI (SOUN 2.64%). The current one-year average price target, according to Yahoo! Finance, is $14.62, or a 141% increase from the price at the time of this writing. If the stock can deliver more than a double in a one-year time frame, then it's a genius buy right now.

So, is SoundHound AI worth an investment? Let's take a look.

Image source: Getty Images.

SoundHound AI is sitting on a huge growth opportunity SoundHound AI does exactly what you'd expect it to do: combine audio recognition technology with generative AI. The applications for this product are practically limitless, as theoretically any human-to-human business transaction can be handled by a well-trained generative AI model. While there is some debate about whether all these interactions should be automated, that's the direction we're heading.

The biggest industry SoundHound AI has revolutionized is restaurants. SoundHound AI's software is being deployed around countless fast-food restaurants to automate the drive-thru experience. This potentially eliminates one role in an industry that already has slim margins, making it a no-brainer upgrade if the software functions properly. However, this is just the beginning of deployment.

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The biggest industries SoundHound AI is working to tackle are financial services, insurance, and healthcare. All of these industries have countless customer service agents that a well-trained generative AI model could replace. If SoundHound AI can deliver that, then its stock is primed to shoot through the roof.

SoundHound AI is already signing new customers and expanding contracts with some massive players in these industries. This has led to SoundHound's revenue rising an impressive 59% year over year. While that's not the end game for SoundHound AI's stock, it shows it is moving in the right direction.

Because SoundHound AI isn't profitable, valuing the stock using the price-to-sales ratio is the best tool investors have. At 15 times sales, SoundHound AI's stock is well worth an investment at these prices, as it could be a bargain if the company delivers on its expectations to expand into these industries.

SOUN PS Ratio data by YCharts. PS Ratio = price-to-sales ratio.

While I'm not certain that SoundHound AI will be a long-term success story, it has the right product at the right time, trades for a fair price, and is already seeing success. This gives me confidence that SoundHound AI is worth an investment, as the payoff could be massive if their technology pans out.

Takeda Pharmaceutical Company Limited (TAK) Discusses Zasocitinib Phase III Psoriasis Data and Commercial Strategy March 28, 2026 8:30 PM EDT

Company Participants

Elizabeth Borgeson - Executive of Investor Relations
Julie Kim - Interim Head of Global Portfolio Division
Chinwe Ukomadu
Rhonda Pacheco - President of U.S. Business Unit & U.S. Country Head

Conference Call Participants

Shinichiro Muraoka - Morgan Stanley, Research Division
Hidemaru Yamaguchi - Citigroup Inc., Research Division
Matsubara - Nomura Securities Co. Ltd., Research Division
Seiji Wakao - JPMorgan Chase & Co, Research Division
Tony Ren - Macquarie Research
Hiroshi Wada - SMBC Nikko Securities Inc., Research Division

Presentation

Elizabeth Borgeson
Executive of Investor Relations

Thank you for joining us for the presentation of our zasocitinib Phase III data and commercial overview. My name is Elizabeth Borgeson. I'm part of the Takeda Investor Relations team. [Operator Instructions] Before starting, I'd like to remind everyone that we'll be discussing forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those discussed today. The factors that could cause our actual results to differ from are discussed in our most recent Form 20-F and our other SEC filings. Please also refer to the important notice on Page 2 of the presentation regarding forward-looking statements and non-IFRS financial measures, which will also be discussed during the call. Definitions of our non-IFRS measures and reconciliation with comparable IFRS measures are included in the appendix to the presentation. With that, I'll hand it over to Julie Kim, CEO Elect, to start the presentation.

Julie Kim
Interim Head of Global Portfolio Division

Thanks, Elizabeth, and thanks to everyone joining us as we share Takeda's perspectives on the phenomenal results of the Phase III studies of zasocitinib in psoriasis. I'd like to start by introducing the 2 colleagues who will be presenting today. First, we have Chinwe Ukomadu, Head

Bitcoin's drop from its October 2025 all-time high of $127,000 to a $60,000 floor may look alarming, but seasoned crypto investors recognize this pattern — it's the market doing exactly what it needs to do before the next major move upward.

Crypto markets have always been sensitive to macroeconomic conditions, and 2026 is no exception. A combination of Federal Reserve balance sheet reduction, seasonal tax-driven liquidity drains, a surge in tech IPOs absorbing capital, and a strengthening U.S. dollar has created a perfect storm of selling pressure. When global liquidity contracts, digital assets are typically among the first and hardest hit. But historically, these contractions have also preceded some of the strongest recoveries in Bitcoin's history.

The current cycle appears to be following a familiar multi-stage reset pattern. Early 2026 is characterized by deleveraging and bearish sentiment as speculative positions unwind. Mid-year could bring stabilization and early accumulation opportunities. A final flush of volatility later in the year would not be unusual before a more sustained rally takes shape heading into the fourth quarter.

Despite the short-term turbulence, the long-term Bitcoin outlook remains constructive. Institutional adoption is broader and deeper than in any previous cycle. Regulated investment vehicles have expanded market access significantly. Should inflation continue cooling, the Federal Reserve may pivot toward rate cuts — historically a powerful catalyst for risk assets, including crypto.

For investors, the strategy is straightforward in principle but demanding in execution: stay defensive while liquidity remains tight, then increase exposure progressively as conditions improve. The biggest gains typically go to those who position before the recovery becomes obvious, not after it has already priced in.

Bitcoin could realistically reclaim the $100,000 range and push higher by late 2026. The reset happening today is not the end of the cycle. It's the foundation for the next one.

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Ethereum continues to struggle below the critical $2,000 level, with price losing momentum as volume fades and selling pressure builds. The lack of strong buyer interest leaves the market vulnerable, allowing bears to maintain control while key support levels come into focus.

$2,000 Breakdown Signals A Shift In Market Structure Ethereum has just broken below the $2,000 level, a key zone that has been on watch for weeks. According to CyrilXBT, the price is currently trading around $1,985. This level has acted as a strong pivot for sentiment, and slipping beneath it signals a clear shift in control.

Each time Ethereum tested the $2,000 level, it managed to bounce and maintain strength. However, this time is different, as price has now closed below it, turning former support into potential resistance. That kind of transition often marks a bigger change in market behavior, especially when followed by continued weakness.

Volume has also declined noticeably, suggesting a lack of strong buying interest at this level. Without conviction, the price struggles to find the momentum needed for a meaningful recovery. This type of low-volume environment often leads to slower moves, but it can also precede larger impulsive drops if sellers step in aggressively.

Source: Chart from CyrilXBT on X Looking ahead, the $1,750 macro trendline stands out as the last major support on the chart, and price is gradually approaching it. A break of that level would open the door to a deeper retracement, while a strong defense could spark a temporary relief bounce. On the upside, the EMA 200 at $2,758 remains far above current levels, emphasizing how much Ethereum has deviated from its broader trend.

A reclaim of $2,100, followed by a strong hold above it, would be necessary to shift the current outlook and signal that buyers are regaining control. Until then, Ethereum remains under pressure, with momentum favoring the downside, making it one of the weakest setups on the watchlist.

Ethereum Breakout Potential: No Certainty In a recent analysis by Bitcoinsensus, Ethereum is seen pressing against a well-defined trendline that has already been tested multiple times. The repeated rejection from this line highlights its strength as a key resistance zone, where sellers continue to step in and defend control.

Each retest adds more pressure beneath the surface, gradually weakening the level over time. While the structure continues to hold for now, the more price interacts with this resistance, the more fragile it becomes, increasing the probability of a decisive move.

Another attempt could be enough to trigger a breakout if buying momentum steps in with enough strength. However, no outcome is guaranteed at this stage, and the price could easily face another rejection from this zone.

ETH trading at $1,997 on the 1D chart | Source: ETHUSDT on Tradingview.com Featured image from Unsplash, chart from Tradingview.com

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DeFi’s decentralization narrative is now being tested, as governance data reveals power is not widely distributed. The ECB’s March 2026 paper shows the top 100 holders control over 80% of tokens across major protocols, forming a clear concentration.

As this structure persists, decision-making shifts toward a small group, often including treasuries, founders, and centralized exchanges. Delegation intensifies this effect, as just 10–20 voters control up to 96% of delegated power.

Source: X Participation remains low at 5–12%, which means most holders do not influence outcomes, leaving control in fewer hands. This imbalance matters because regulators can now identify who shapes protocol decisions.

As frameworks like MiCA tighten, these visible control points increase regulatory exposure. This shift suggests DeFi may face oversight similar to traditional finance structures.

DeFi governance narrows, but who is in control? DeFi governance is shifting from broad ownership to concentrated control, as delegation hands decision power to a small group. The ECB’s March 2026 paper shows the trend clearly, with the top 20 voters in Ampleforth controlling 96.04% of delegated votes.

Source: ECB.Europa.eu As this structure develops, the results rely more on a small number of active delegates than on the larger holder base. Influence clusters quickly, as seen by the fact that Uniswap’s top 18 hold 52% and MakerDAO’s top 10 control 66%.

Nevertheless, since one-third to almost 50% of the top voters cannot be identified, this focus does not translate into obvious accountability. Delegation separates traceable ownership from influence, which is why this occurs.

This creates a market where control is concentrated but partially hidden. As a result, DeFi’s decentralization weakens, while regulatory pressure rises without fully resolving enforceability.

DAO tokens reprice as decentralization weakens Final Summary DeFi governance shows concentrated control, weakening decentralization and increasing regulatory exposure. DeFi governance concentration pressures DAO token valuations, as markets favor stronger transparency and broader participation.

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Ethereum jumped hard Tuesday. The second-largest cryptocurrency by market cap shot up to $2,100, smashing through months of sideways action that kept traders pretty much bored since late 2023.

The move caught plenty of folks off guard. Ethereum had been stuck around $1,800 for what felt like forever, with most days bringing the same old choppy price action that didn’t really go anywhere. But Tuesday’s spike changed all that, with trading volumes spiking across major exchanges as buyers stepped in. Several big exchanges rolled out new Ethereum trading pairs this week, and that probably helped fuel some of the momentum. Binance reported a 15% jump in Ethereum trading volume compared to last week, while Coinbase saw similar action from both retail and institutional players.

Market dynamics shifted fast.

Network Upgrades Drive Interest The Ethereum Foundation keeps pushing forward with major network improvements that could change everything. Plans to boost transaction processing speed got announced recently, and the market seems to like what it’s hearing. These upgrades focus on making the network faster and more efficient, which is pretty crucial if Ethereum wants to stay ahead of competing blockchain platforms.

Energy consumption cuts are part of the plan too. The foundation wants to optimize consensus algorithms, which should make the whole network more sustainable. That’s a big deal right now since everyone’s talking about crypto’s environmental impact. Vitalik Buterin, Ethereum’s co-founder, talked up Layer 2 solutions at a conference on March 25. He said these scaling solutions are key for handling high-volume apps without slowing things down.

The upcoming EIP-4844 implementation has developers excited. It’s supposed to improve transaction throughput later this year, and that’s got both developers and investors feeling bullish about Ethereum’s long-term scalability goals.

Institutional Money Flows In Big money players are backing Ethereum more than before. Grayscale Investments bumped up its Ethereum holdings by 10% in Q1 2026, which is a pretty strong signal from one of the largest digital asset managers out there. When institutional players make moves like that, it usually means they see something good coming.

The regulatory picture remains murky though. Authorities in multiple jurisdictions are still figuring out how to handle crypto operations, and that uncertainty hangs over the market. Ethereum’s team knows this is a problem and they’re working with regulators to stay compliant with whatever rules come down the pipeline. But there’s no clear resolution yet, so some investors stay nervous about potential crackdowns. Industry observers have noted parallels with Bitcoin Crashes Below ,500 as Traders in recent weeks.

NFT activity picked up too. OpenSea saw a 20% rise in Ethereum transactions over the past week, which adds to the overall demand for the network. More NFT trading means more people using Ethereum, and that creates upward pressure on prices.

Bitcoin’s rise to $45,000 on March 27 probably helped Ethereum’s rally. When Bitcoin moves up, other major cryptos often follow, and that’s exactly what happened here. Traders are talking about a potential broader rally in the coming weeks, though nobody knows for sure if it’ll actually happen.

The Ethereum Foundation announced a partnership with StarkWare on March 28. StarkWare specializes in zero-knowledge proof technology, which could make Ethereum transactions more private. These kinds of partnerships show that Ethereum’s team isn’t sitting still – they’re actively working to improve the platform.

Trading activity exploded across the board. Major exchanges reported significant volume increases, with both retail and institutional investors jumping in. The sudden surge in interest suggests that many people were waiting on the sidelines for Ethereum to break out of its sideways pattern.

What’s Next for ETH The Devconnect event in Istanbul this April could provide more clues about Ethereum’s direction. Developers and industry leaders will gather to discuss the network’s roadmap and future upgrades. These kinds of events sometimes move markets, especially if major announcements come out. Industry observers have noted parallels with NEKOKICHI Coin Jumps 20% as Traders in recent weeks.

Some analysts think the recent price action signals a shift in market sentiment. After months of boring sideways movement, Ethereum finally showed it can still make big moves when conditions align. Whether this momentum continues depends on several factors, including regulatory developments and how well the network upgrades actually work.

Market participants are watching closely to see if Ethereum can hold above $2,000. That level has been resistance before, so staying above it would be a positive sign for bulls. Trading volumes remain elevated, which suggests continued interest from both retail and institutional players.

The network’s transaction fees have stayed relatively stable despite the price surge, which is good news for users who were worried about another spike in gas costs.

Frequently Asked QuestionsWhat drove Ethereum’s price surge to $2,100?The surge resulted from renewed investor interest, institutional buying from firms like Grayscale, network upgrade announcements, and increased NFT trading activity on platforms like OpenSea.

How significant is the partnership with StarkWare?The March 28 partnership with StarkWare brings zero-knowledge proof technology to Ethereum, potentially enhancing transaction privacy and network capabilities for future applications.

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Ondo [ONDO] saw some bullish developments lately. AMBCrypto reported its partnership with Franklin Templeton, but also how the news development had no impact on the price trends.

Source: ONDO/USD on TradingView It is possible that the rapidly growing RWA sector, combined with more encouraging market conditions, could take ONDO prices and the demand for the platform’s services much higher.

As things stand, the token’s trend was bearish in the long-term. The weekly chart showed that the intense sell-off from October had slowed down in February.

In the past six weeks, the price has been consolidating within a tight range. An extended consolidation of this type would be good news for long-term ONDO investors. This kind of bear-market consolidation is necessary preparation for the next bull run.

Until then, traders need to watch out for short-term price swings and capitalize on the opportunities when they arrive.

Where are the opportunities for ONDO traders now? Source: Coinalyze Coinalyze data showed that an upward push could continue, despite the losses faced on Friday, the 27th of March. The Open Interest has been trending higher over the past week, as has the spot CVD.

This showed speculative and spot demand for ONDO, and the funding rate remained positive. The demand could see another move toward the $0.295 local highs.

Source: ONDO/USD on TradingView The range formation reached from $0.237 to $0.295, and ONDO was trading near the mid-point at $0.266. The OBV was trending higher in recent days, but the CMF remained stubbornly below the 0 mark.

Meanwhile, the RSI remained above neutral 50 at press time. The volume indicator conflict was slightly in favor of the bulls, but the CMF warned that the buying pressure came in bursts and was not sustained.

In other words, a move toward the range highs resulted in intense profit-taking. Therefore, Ondo buyers at current market prices should be careful. A move toward $0.295 can be used to sell, and a retest of the $0.23-$0.24 would be a buy signal.

Final Summary Bullish news has not been enough to sustain an Ondo token price movement toward and beyond $0.30. A rally toward the range highs saw profit-taking pressure halt the move, entrenching the established range formation.

Solana (SOL) extended its recent slide this week, with the token changing hands around $83.10 as of March 28 (UTC) and posting a 7.62% weekly decline—one of the steepest drawdowns among major large-cap cryptocurrencies. The move comes as broader crypto markets digest a cluster of risk-off catalysts, including Bitcoin options expiry dynamics, ETF-related outflows, and rising geopolitical uncertainty that has weighed on sentiment across digital assets.

The decline leaves Solana down roughly 72% from its cycle peak, outperforming neither Bitcoin (BTC) nor Ethereum (ETH) in the latest leg lower and undercutting relative strength versus other large names such as XRP. Traders are now watching a key technical area near $84.36, widely cited as an important support zone. Market technicians point to a developing 'bearish flag' structure and repeated rejection near a prior supply region, signals that typically reflect weak follow-through from buyers after sharp sell-offs.

Momentum indicators have also softened. Solana’s relative strength index (RSI) has slipped below 50, a threshold often associated with a shift from neutral to negative momentum. Some bullish traders argue that holding the $90 region and reclaiming $95 could improve the near-term setup and reopen a path toward a broader recovery, with longer-dated optimism anchored to prior highs near $293. For now, however, weakening futures demand and a broader market RSI near 39—commonly interpreted as 'oversold' territory—suggest that positioning remains cautious and downside volatility risk persists.

On-chain data is adding to the mixed picture. Over the past 30 days, Solana network transactions declined 3.2% to about 2.6 billion, while active addresses fell 11% to roughly 101 million. Network fee generation dropped 31%, and although stablecoin supply held near $16.5 billion, adjusted transaction volume reportedly slid from around $800 billion to $608 billion. Together, the metrics point to cooling activity and lower fee pressure, a combination that can reinforce bearish narratives during market-wide pullbacks.

Still, Solana’s longer-term fundamentals continue to attract attention. The network remains one of the most active ecosystems for developers, with about 10,864 developers involved—figures cited as higher than those for Ethereum and Polkadot. Solana has also maintained throughput above 3,000 transactions per second, supporting deep liquidity across 'DEX' venues and a relatively mature NFT marketplace—factors that proponents view as supportive of medium- to long-term resilience once risk appetite returns.

Solana’s market capitalization stands at approximately $47.8 billion, representing about 2.07% of the total crypto market and placing the asset seventh by size. Despite modest gains over shorter windows—up about 0.21% over the past hour and 0.46% over 24 hours—the token remains down 2.03% over 30 days and has posted steeper declines over 60 days (33.44%) and 90 days (32.89%).

In the near term, market participants are focused on whether SOL can hold the $84 area and whether a break above $95 can shift momentum. Any meaningful upside catalyst is likely to depend on broader market conditions as well as signs of renewed network growth, including upgrade timelines and ecosystem expansion that could help restore confidence after the latest correction.

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