Market Signal Briefing

Buterin stated that the project has been doing “a lot of underrated and valuable work” in the Ethereum ecosystem.

Key Takeaways

ZKSync’s ZK token rallied over 50% after Vitalik Buterin supported a message underscoring Ethereum’s incorruptibility.
ZKsync recently launched the Atlas upgrade to boost speed, interoperability, and institutional-grade scalability for payments and tokenized assets.

ZKsync’s ZK token surged over 50% on Saturday, climbing from nearly $0.03 to $0.045 after Ethereum co-founder Vitalik Buterin endorsed a ZKsync post describing Ethereum as “incorruptible.”

Incorruptibility is Ethereum's most important property. https://t.co/NHArP3mdut

— vitalik.eth (@VitalikButerin) November 1, 2025

ZKsync recently introduced the Atlas upgrade to its ZK Stack, designed to enhance infrastructure for enterprises and institutions with the addition of a new high-performance sequencer supporting up to 30,000 transactions per second and full Ethereum compatibility.

The upgrade includes Airbender, a system for quick confirmations and fast cross-chain settlement.

Developed by Matter Labs, Atlas aims to facilitate systems combining private control with interoperability, making it suitable for handling payments, tokenized assets, and cross-border settlements.

In a separate tweet posted earlier, following the Atlas upgrade, Buterin praised ZKsync for its “underrated and valuable” contributions to the Ethereum ecosystem.

Ethereum is incorruptible home https://t.co/TbQVMxdRzc

— ZKsync (@zksync) November 1, 2025

Disclaimer

Charles Hoskinson addressed criticism of Cardano’s low DeFi activity, arguing that the problem lies in governance and coordination rather than technology.He dismissed claims that adding major stablecoins like USDT or USDC would automatically boost growth, noting Cardano already has strong native alternatives.Hoskinson outlined a roadmap linking Cardano with Bitcoin DeFi and real-world lending to attract new liquidity and foster accountability within the ecosystem.Cardano founder Charles Hoskinson has responded to renewed criticism about the network’s total value locked (TVL) and relatively sluggish decentralized finance (DeFi) growth.

On October 31, Hoskinson acknowledged the gap between Cardano’s DeFi activity and leading blockchains like Ethereum and Solana. However, he said the numbers fail to capture the network’s broader participation and governance strength.

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Cardano Bets on Bitcoin Interoperability to Unlock Billions in DeFi LiquidityHoskinson pushed back on the long-standing belief that introducing major stablecoins such as USDT or USDC would automatically transform Cardano’s DeFi ecosystem.

“No one’s ever made the argument and explained how the existence of one of these larger stablecoins is magically going to make Cardano’s entire DeFi problem go away, make the price go up, massively improve our MAUs, our TVL, and all these other things,” he said.

He argued that their arrival alone would not solve the network’s structural challenges or guarantee growth.

According to him, Cardano already has native, asset-backed stablecoins like USDM and USDA that can be minted at will and rarely lose their peg.

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Instead, Hoskinson pointed to user behavior as the main reason Cardano’s DeFi TVL remains small.

For context, he noted that the network has about 1.3 million users who stake or participate in governance, collectively holding more than $15 billion in ADA.

However, those figures don’t count toward TVL metrics, and most ADA holders remain passive participants rather than active liquidity providers.

“Cardano has a fertile ecosystem. There’s a lot of people floating around. There’s a lot of people who hold ADA, who have Cardano wallets, who have been in our ecosystem — in many cases more than five years. But not a lot of those people have crossed the chasm to use DeFi in Cardano,” he stated.

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He added that this distinction creates a “chicken-and-egg” loop for Cardano’s ecosystem. According to Hoskinson, the network’s low activity deters partnerships and liquidity, while the lack of external integrations further limits on-chain adoption.

To counter these limitations, Hoskinson outlined a multi-year roadmap that ties DeFi growth to real-world finance and Bitcoin interoperability.

He highlighted the Midnight network—a privacy-focused sidechain—and RealFi, a microfinance platform targeting African markets, as key initiatives.

Both will integrate with Bitcoin DeFi, allowing ADA and BTC to be lent, converted into stablecoins, and used in real-world lending products.

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Hoskinson expects this combination to drive “billions of dollars” in new liquidity while attracting Bitcoin’s vast capital base. He also cited ongoing projects such as Leios, as proof that Cardano continues to evolve at the protocol level.

Still, he conceded that Cardano’s core issue is coordination and accountability, not technology.

“It’s not a technology problem. It’s not a node problem. It’s not a problem of imagination and creativity. It’s not a problem of execution. We can pretty much do anything. It’s a problem of governance and coordination and ultimately accountability and responsibility,” Hoskinson said.

To fix this, he proposed delegating clear responsibility for ecosystem expansion. He also called for targeted marketing and event strategies to mobilize ADA holders toward DeFi participation.

“The problem isn’t the ability to do a marketing campaign. The problem isn’t our ability to ship great software. It’s that there’s no one accountable to actually conceive of it, execute it, and be held accountable to the outcome of it. That’s the problem in a nutshell. So that is the problem we have to solve next year as we look to 2026,” He stated.

Disclaimer

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Solana price hovers above $185 as its spot ETFs continue to see remarkable investor interest. Over the past four consecutive days, Solana’s spot ETFs have been on a steady upward trajectory. 

According to Sososvalue data, on Friday, they recorded an impressive $44.4 million in inflows, boosting the total to $199 million in assets under management (AUM), with over $502 million in total assets so far.

SOLANA ETFs KEEP WINNING🚨$SOL ETFs just logged 4 straight days of inflows, adding $44.4M on Friday and bringing totals to $199M, over $502M AUM so far.

Meanwhile, $BTC ETFs saw $191M and $ETH ETFs $98M in daily outflows.

👉 Are investors quietly choosing Solana over the… pic.twitter.com/603UuBmoKa

— Wise Advice (@wiseadvicesumit) November 1, 2025

SOL ETFs Records $44.4M in 4 Days
This is a wave during a major change in market dynamics, with Solana ETFs taking over the capital invested in Bitcoin (BTC) and Ethereum (ETH) ETFs. 

Bitcoin ETFs had on the same day, a staggering outflow of up to $191 million on the day, and this trend has continued throughout the last week. Ether funds also experienced a downturn as ETFs were outflowing at an annual rate of $98 million.

The Bitwise Solana ETF (BSOL) was at the forefront, leading most of the inflows with a concrete 4.99% daily gain. However, Solana ETF (GSOL) by Grayscale had no net inflows or outflows. This information indicates that investors are possibly moving their focus to Solana, which might mean that Solana is dominating over the biggest cryptocurrencies, or it might be a season of hype.

Analyst Eyes $300 for Solana Price
Crypt analyst Ali has pointed out that the Solana price is doing well above a key support zone, which is supported by the 200-day simple moving average (SMA). Recently, he stated that the asset is still above this critical support zone, which is an indication of the possible recovery. Nonetheless, Ali emphasized the need to involve buyers in order to induce the second leg up.

As Solana holds ground, analysts observed that a spurt to the $240 mark, and even $300, is a possibility should market participants intervene and drive the price up. The chart showed that Solana has been able to stand up to the volatility, and it has shown that the company is capable of following an upward trend.

Solana $SOL keeps holding above key support backed by the 200D SMA. Buyers must step in here to trigger a rebound toward $240 or even $300. https://t.co/oylgG0OgD0 pic.twitter.com/tQqplWgrCP

— Ali (@ali_charts) November 1, 2025

Is SOL Price Set for a Bearish Breakdown?
The SOL price traded at $185.83, experiencing a minor dip of 0.21% on November 1, 2025. The cryptocurrency is in the consolidation stage, moving between the $180 and $190 levels. Although the recent trend has shown an upward trend to reach a new high of $190.00, the price has not been able to cross the hurdle.

If the SOL price forecast breaks below the $185.00 support, the next target would be $180.00. On the other hand, a bounce back above $190.00 would target a push toward $200.00, signaling a potential reversal.

Source: SOL/USD 4-hour chart: Tradingview
The Relative Strength Index (RSI) is at 40, which is a neutral market trend with a weak bearish trend. The Moving Average Convergence Divergence (MACD) also indicates bearish momentum, and even the MACD line and the signal line suggest the existence of a downward trend.

Frequently Asked Questions (FAQs)

The recent interest in Solana ETFs is largely due to its increasing market momentum, as investors are shifting capital away from Bitcoin and Ethereum ETFs. This shift is driven by Solana's strong performance and potential for growth in the broader cryptocurrency market.

Over the past four days, Solana ETFs recorded $44.4 million in inflows, boosting the total assets under management (AUM) to $199 million. This surge reflects strong investor interest and a shift in market dynamics.

The key support levels for Solana are at $185.00 and $180.00. If the price falls below $185, the next support level is at $180, which could signal further declines if broken.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

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SOL ETFs Records $44.4M in 4 Days: What’s Next For Solana Price?

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On Oct. 31, 2025, Human Rights Foundation (HRF) Chief Strategy Officer Alex Gladstein shared a detailed report from HRF examining how the rise of cryptographically relevant quantum computers (CRQCs) could one day threaten Bitcoin's core security and the financial freedom it provides to dissidents worldwide.

Bitcoin ended October lower for the first time since 2018, breaking a seven-year run of gains in a month traders once treated like free profit season, according to data from CoinGecko. The OG crypto closed the month down about 5% as risk appetite weakened, leverage was wiped out, and uncertainty hit global markets.

A Chinese court has jailed five defendants for engaging in illegal USDT transactions, citing the need to protect national financial stability. The judgment shocked many within the crypto community as China continues its massive regulatory crackdown on the digital asset market. Meanwhile, Hong Kong remains committed to web3 innovation, attracting new investors, particularly those interested in stablecoins. 

Defendants Slapped With Heavy Fines
The Beijing court implemented what many within the crypto community described as harsh laws after an alleged illegal transaction. The five men were accused of transferring $166 million overseas, becoming one of the largest crypto-forex cases this year. Court filings show that the defendants deployed renminbi (RMB) to purchase the stablecoins through local channels, such as digital asset exchanges.

The tokens were transferred to wallets before the cross-border exchange. Assets were converted to foreign currency before being utilized for international payments. In total, the defendants facilitated approximately 1.2 billion RMB, equivalent to about $166 million, across several transactions. A major prosecution point was that the transaction took place outside regulated banking channels.

As a result, the court ruled that it constituted disguised foreign exchange trading and violated China’s Anti-Money Laundering Law and Foreign Exchange Administration Regulations. The court sentenced the defendants to jail time and imposed fines based on their level of involvement. 

The lead defendant was sentenced to four years and six months in addition to a fine of 200,000 RMB, equivalent to approximately $28,000. Two other associates involved in the transfer received three-year and nine-month sentences, with fines of 150,000 RMB ($21,000). Meanwhile, the remaining defendants were sentenced to two years and eleven months in prison, as well as a 100,000 RMB ($14,000) fine. 

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This follows a surge in cases linked to China’s cryptocurrency crackdown, with authorities citing increased allegations of money laundering. Despite several crypto users backing regulations to reduce bad actors, many analysts viewed this sentence as harsh, stressing an impact on market sentiments. According to critics on social media, the crackdown was intended to limit stablecoin influence and enforce fiat controls. 

Stablecoin adoption reached new heights in the last six months, as traditional investors turned to the asset class to reduce transfer fees. Firms are now onboarding stablecoin options and exposing assets. These inflows are bullish for the wider market as investors gain key exposure. China’s crypto community has also called for yuan-based assets to rival dollar/backed options.

While Bitcoin’s price action points to a relative scarcity of spot activity, recent on-chain data reveals an increasingly dynamic atmosphere within its futures market, especially on the Binance network.

Binance Dominates Futures Market As Trader Sentiment Sees Structural Shift
In a recent post on the CryptoQuant platform, crypto education institution XWIN Research Japan shares insights into developments in the Bitcoin futures market, with their key focus being the Binance network. According to the research institution, the world’s leading crypto exchange is maintaining its reputation after reaching its record high of $1.88 trillion in trading volume.

Source: CryptoQuant
At the same time, the trader sentiment within Bitcoin’s futures market evidently appears to be undergoing a transition, with data from the Bitcoin: Futures Taker CVD (Cumulative Volume Delta, 90-Day) informing the supposition. For context, this metric tracks the net difference between taker buy volume and taker sell volume over 90 days, revealing if the traders in the futures market are predominantly adding to its buying pressure or contributing to its selling pressure.

XWIN Research points out that as of the middle of 2025, Bitcoin’s taker buy volume dominated the futures market, as most traders accumulated positions. This period of accumulation, notes the analyst, was seen as the flagship cryptocurrency climbed above $100,000. However, from late August to the present, there has been a re-emergence of taker sell pressure, signaling the predominance of profit takers in the market.

What This Means For Price
Contrary to what this structural shift might be interpreted as, the educational institution explains that the market seems instead to be becoming more mature. A typical mature market, as XWIN Research points out, is one where the market participants manage their exposure, rather than chase any or all price spikes. 

The reappearance of taker sell pressure therefore signifies a growing inclination among traders to protect their gains nested within the $110,000-$115,000 price range. Historically, this kind of “moderation” has often been a sign of long-term strength. Binance’s $1.88 trillion in trading volume also lends credence to this view, as it reveals the presence of solid institutional confidence in the cryptocurrency’s long-term growth.

Aside from institutional backing, this trading volume also puts into perspective the width of global participation in the Bitcoin derivatives market. In the long run, the Bitcoin market could be in the early phases of a sustained and long-lasting expansion. At press time, Bitcoin is worth approximately $110,110. The premier cryptocurrency shows a slight growth of 0.40% in 24 hours. Also reflecting the online asset’s sideways movement is its net loss of 1.36% over the past seven days.

BTC trading at $110,204 on the daily chart | Source: BTCUSDT chart on Tradingview.com
Featured image from iStock, chart from Tradingview

In October, the stablecoin market experienced significant activity, growing by 2.47% despite a late-month dip of $1.84 billion. Tether (USDT) emerged as the standout performer, boosting its market capitalization by approximately $7.78 billion during this period.

Strategy posted $2.8 billion Q3 net income and $8.42 EPS, fueled by massive gains in its Bitcoin holdings.

Strategy has reported a net income of $2.8 billion and diluted earnings per share of $8.42 in the third quarter of 2025.

The company also recorded an operating income of $3.9 billion, with most of its growth attributed to the performance of its Bitcoin holdings.

Strategy’s Q3 Performance
In a press release announcing the Q3 results, Strategy said that as of October 26, 2025, it held 640,808 BTC bought for $47.44 billion, with each unit costing an average of $74,032. Currently, the stash is valued at $70.9 billion based on a market price of $110,600, representing a $12.9 billion (unrealized) gain year-to-date as well as a 26% BTC yield.

“In the third quarter and into October, Strategy continued to strengthen its position as the world’s leading Bitcoin Treasury Company,” said President and Chief Executive Officer Phong Le. “We increased our bitcoin holdings to 640,808 bitcoin and have raised $20 billion year-to-date through our robust capital markets platform,” he added, highlighting the company’s momentum.

The firm’s fundraising activity also remained in play, receiving $5.1 billion in net proceeds during the three months ended September 30, and an additional $89.5 million between October 1 and October 26. Additionally, its cash and cash equivalents stood at $54.3 million, up from $38.1 million at the end of 2024.

Strategy also reaffirmed its 2025 Bitcoin KPI targets, citing strong execution and capital markets activity so far this year. The company expects a 30% BTC yield and a $20 billion BTC gain by year-end, assuming a Bitcoin price of $150,000.

The largest corporate holder of the number one cryptocurrency has been on a buying spree in 2025, with its latest initiative including a $43.4 million spend to acquire 390 BTC. However, the latest buy comes amid reports that the acquisitions had slowed in recent months.

Digital Credit Focus & 10-year Target
During the earnings call, Executive Chairman Michael Saylor said Strategy’s main priority is digital credit rather than acquiring other Bitcoin treasury companies. As a result, the firm wants to pursue actions that increase BTC yield for common shareholders while preserving return on capital (ROC) for preferred holders.

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The business intelligence platform advocated for 30% amplification, which it hopes to achieve through preferred shares, with no leverage from converts or other debt. Existing convertible notes are expected to be equitized by 2029, with the company also planning to issue new preferred shares internationally, including euro-denominated offerings, while maintaining tax-deferred return-of-capital dividends for at least 10 years.

Saylor outlined a four-year target to outperform Bitcoin but emphasized patience and long-term vision in the cryptocurrency’s investment, calling a 10-year horizon the most suitable plan.

Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In PetMed (PETS) To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in PetMed and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648.

Click here to participate in the action.

NEW YORK, Nov. 01, 2025 (GLOBE NEWSWIRE) --

What’s Happening:

Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against PetMed Express, Inc. (“PetMed” or the “Company”) (NASDAQ: PETS) on behalf of PetMed stockholders. Our investigation concerns whether PetMed has violated the federal securities laws and/or engaged in other unlawful business practices.
Investigation Details:

On June 10, 2025, PetMed issued a press release "announc[ing] it is delaying the release of the Company's fourth quarter and fiscal year 2025 earnings release and subsequent conference call, which had been scheduled for June 10, 2025, because the Company requires additional time to complete the year-end audit process." On this news, PetMed's stock price fell $0.47 per share, or 11.22%, to close at $3.72 per share on June 11, 2025.
Next Steps:

If you purchased or otherwise acquired PetMed shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at [email protected], by telephone at (212) 355-4648, or by filling out this contact form.  There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X.

Contact Information:

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
[email protected]
www.bespc.com

Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Telix (TLX) To Contact Him Directly To Discuss Their Options

If you purchased or acquired stock in Telix and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648.

Click here to participate in the action.

NEW YORK, Nov. 01, 2025 (GLOBE NEWSWIRE) --

What’s Happening:

Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Telix Pharmaceuticals Limited (“Telix” or the “Company”) (NASDAQ:TLX) on behalf of Telix stockholders. Our investigation concerns whether Telix has violated the federal securities laws and/or engaged in other unlawful business practices.
Investigation Details:

On July 22, 2025, Telix disclosed receipt of a subpoena from the U.S. Securities and Exchange Commission, "seeking various documents and information primarily relating to the Company's disclosures regarding the development of the Company's prostate cancer therapeutic candidates."
On this news, Telix's American Depositary Receipt ("ADR") price fell $1.70 per ADR, or 10.44%, to close at $14.58 per ADR on July 23, 2025.
Next Steps:

If you purchased or otherwise acquired Telix shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at [email protected], by telephone at (212) 355-4648, or by filling out this contact form.  There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X.

Contact Information:

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
[email protected]
www.bespc.com

Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Simulations Plus (SLP) To Contact Him Directly To Discuss Their Options

If you purchased or acquired stock in Simulations Plus and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648.

Click here to participate in the action.

NEW YORK, Nov. 01, 2025 (GLOBE NEWSWIRE) --

What’s Happening:

Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Simulations Plus, Inc. (“Simulations Plus” or the “Company”) (NASDAQ:SLP) on behalf of Simulations Plus stockholders. Our investigation concerns whether Simulations Plus has violated the federal securities laws and/or engaged in other unlawful business practices.
Investigation Details:

On July 14, 2025, Simulations Plus reported its financial results for its third fiscal quarter. Among other items, Simulations Plus reported sales of $20.4 million, missing the consensus estimate of $20.9 million. Simulations Plus also reported a net loss of $67.3 million and diluted loss per share of $3.35, reflecting a non-cash impairment charge of $77.2 million, compared to net income of $3.1 million and diluted earnings per share of $0.15 for the same period in 2024. The Company also revised its fiscal 2025 adjusted earnings guidance to $0.93 to $1.06, down from the previous guidance of $1.07 to $1.20. Simulations Plus advised investors that, in June, the Company had initiated a restructuring of its operations, including workforce reductions and cost-cutting measures, aimed at improving operational efficiency and reducing expenses.
On this news, Simulations Plus's stock price fell $4.50 per share, or 25.76%, to close at $12.97 per share on July 15, 2025.
Next Steps:

If you purchased or otherwise acquired Simulations Plus shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at [email protected], by telephone at (212) 355-4648, or by filling out this contact form.  There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X.

Contact Information:

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
[email protected]
www.bespc.com

Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Insperity (NSP) To Contact Him Directly To Discuss Their Options

If you purchased or acquired stock in Insperity and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648.

Click here to participate in the action.

NEW YORK, Nov. 01, 2025 (GLOBE NEWSWIRE) --

What’s Happening:

Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Insperity, Inc. (“Insperity” or the “Company”) (NYSE:NSP) on behalf of Insperity stockholders. Our investigation concerns whether Insperity has violated the federal securities laws and/or engaged in other unlawful business practices.
Investigation Details:

On August 1, 2025, Insperity issued a press release announcing its financial results for the second quarter of 2025. Among other items, Insperity reported adjusted earnings per share of only $0.26, missing analyst estimates and representing a 70% year-over-year decline. Insperity attributed its results to higher-than-expected benefits costs, specifically pointing to rising pharmacy expenses and an increased frequency of large insurance claims. Insperity also lowered its full-year earnings forecast.On this news, Insperity's stock price fell $14.51 per share, or 24.35%, to close at $45.07 per share on August 1, 2025. Next Steps:

If you purchased or otherwise acquired Insperity shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at [email protected], by telephone at (212) 355-4648, or by filling out this contact form.  There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X.

Contact Information:

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
[email protected]
www.bespc.com

Stellantis, the Euro-American parent of Jeep, RAM, Dodge and Chrysler, is forking over $13 billion to fix its money-losing U.S. business, which is responsible for more than half of Stellantis's total profits. Formed in 2021, the company was a star--every year made more money than the one previous.

After a year of meteoric gains, shares of Super Micro Computer NASDAQ: SMCI are caught in a tug-of-war between a jarring short-term financial update and a series of powerful long-term strategic announcements. The company's upcoming Nov. 4 earnings call has become a critical inflection point, where management must prove its hyper-growth artificial intelligence (AI) story is not just intact but accelerating.

RADNOR, Pa., Nov. 01, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against DexCom, Inc. (“DexCom”) (NASDAQ: DXCM) on behalf of those who purchased or otherwise acquired DexCom securities between July 26, 2024, and September 17, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is December 26, 2025.

CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:
If you suffered DexCom losses, you may CLICK HERE or copy and paste the following link into your browser: https://www.ktmc.com/new-cases/new-cases/dexcom-inc-1?utm_source=Globe&mktm=PR

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected].

DEFENDANTS’ ALLEGED MISCONDUCT:
The complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) DexCom had made material design changes to its G6 and G7 continuous glucose monitoring systems that were unauthorized by the FDA; (2) the foregoing design changes rendered the G6 and G7 less reliable than their prior iterations, presenting a material health risk to users relying on those devices for accurate glucose readings; (3) DexCom’s purported enhancements to the G7, as well as the device’s reliability, accuracy, and functionality, were overstated; (4) DexCom downplayed the true scope and severity of the issues and health risks posed by adulterated G7 devices; (5) all the foregoing subjected DexCom to an increased risk of heightened regulatory scrutiny and enforcement action, as well as significant legal, reputational, and financial harm; and (6) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

THE LEAD PLAINTIFF PROCESS:
DexCom investors may, no later than December 26, 2025, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages DexCom investors who have suffered significant losses to contact the firm directly to acquire more information.

CLICK HERE TO SIGN UP FOR THE CASE OR GO TO:
https://www.ktmc.com/new-cases/new-cases/dexcom-inc-1?utm_source=Globe&mktm=PR
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:     

Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.

, /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Firefly Aerospace Inc. (NASDAQ: FLY) ("Firefly Aerospace").

On September 22, 2025, Firefly Aerospace reported its financial results for the second quarter of fiscal year 2025 – Firefly Aerospace's initial quarterly results as a public company since its initial public offering the prior month.  Specifically, Firefly Aerospace reported revenue of $15.5 million, a year-over-year decline of more than 27%, while reporting total operating expenses of $58.3 million, a year-over-year increase of more than 12%. 

On this news, the price of Firefly Aerospace's stock declined by $7.58 per share, or approximately 15.31%, from a close of $49.52 per share on September 22, 2025, to close at $41.94 on September 23, 2025.

If you are a Firefly Aerospace investor and would like to learn more about our investigation, please CLICK HERE to fill out our online form or contact Kessler Topaz Meltzer & Check, LLP:  Jonathan Naji, Esq. (484) 270-1453 or E-mail at [email protected]. You can also click on the following link or paste it in your browser:   https://www.ktmc.com/firefly-aerospace-inc-investigation?utm_source=PR_Newswire&mktm=PR

Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world.  The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars).  For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com.  

CONTACT:

Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
[email protected]

May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes.

SOURCE Kessler Topaz Meltzer & Check, LLP

, /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of CarMax, Inc. (NYSE: KMX) ("CarMax").

On September 25, 2025, CarMax released its second quarter fiscal year 2026 financial results, disclosing significant revenue and profit declines year over year, including a revenue decline of 6.0%, total retail used vehicle revenues decline of 7.2%, and a total gross profit decline of 5.6%. On this news, CarMax's stock price fell $11.45 per share, or approximately 20%, from a close of $57.05 per share on September 24, 2025, to close at $45.60 per share on September 25, 2025.

If you are a CarMax investor and would like to learn more about our investigation, please CLICK HERE to fill out our online form or contact Kessler Topaz Meltzer & Check, LLP:  Jonathan Naji, Esq. (484) 270-1453 or E-mail at [email protected]. You can also click on the following link or paste it in your browser:   https://www.ktmc.com/carmax-inc-investigation?utm_source=PR_Newswire&mktm=PR   

Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world.  The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars).  For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com.  

CONTACT:

Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
[email protected]

May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes.

SOURCE Kessler Topaz Meltzer & Check, LLP

RADNOR, Pa., Nov. 01, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against James Hardie Industries plc (“James Hardie”) (NYSE: JHX) on behalf of those who purchased or otherwise acquired James Hardie common stock between May 20, 2025, and August 18, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is December 23, 2025.

CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:
If you suffered James Hardie losses, you may CLICK HERE or copy and paste the following link into your browser: https://www.ktmc.com/new-cases/james-hardie-industries-plc?utm_source=Globe&mktm=PR

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected].

DEFENDANTS’ ALLEGED MISCONDUCT:
The complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) despite knowing by April and early May 2025 that its North America Fiber Cement distributors were destocking inventory, James Hardie falsely claimed demand remained strong and that stock levels were “normal”; (2) as a result, Defendants’ positive statements about the company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

THE LEAD PLAINTIFF PROCESS:
James Hardie investors may, no later than December 23, 2025, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages James Hardie investors who have suffered significant losses to contact the firm directly to acquire more information.

CLICK HERE TO SIGN UP FOR THE CASE OR GO TO: https://www.ktmc.com/new-cases/james-hardie-industries-plc?utm_source=Globe&mktm=PR

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:     

Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

DENVER--(BUSINESS WIRE)--To kickoff the holiday season, today Ibotta (NYSE: IBTA), which operates the largest digital promotions network in North America, launched its annual Thanksgiving program providing Savers cash back on the holiday's grocery essentials. According to Ibotta's 2025 Holiday Outlook, 61 percent of shoppers reported concerns about inflation and its impact on their holiday budget. ‘Thanksgiving on Us' marks the sixth year of Ibotta's campaign, helping to put food on the table w.

Nov 01, 2025 at 13:31 // Price

Bitcoin Cash (BCH) price has risen above the moving average lines but is stalling at the 50-day SMA.

Bitcoin Cash price long-term analysis: bullish

On October 26, buyers pushed the price above the moving average lines, but the positive momentum could not break through the 50-day SMA barrier or the $553 high. Bulls and bears are currently contending at the 50-day SMA level. BCH is trading above the 21-day SMA support but below the 50-day SMA resistance. If buyers break the 50-day SMA, BCH could rise to $615 and $650. Conversely, if the altcoin loses its 21-day SMA, it may fall to $461. BCH is currently at $514.

Technical Indicators

Key Resistance Zones: $600, $650, $700

Key Support Zones: $500, $450, $400

BCH price indicators analysis

The crypto price is trading between two downward-sloping moving average lines. The resistance line for the price bars is the 50-day simple moving average. Additionally, long candlestick wicks above the 50-day SMA support but below the $580 high indicate strong selling pressure at the recent high. On the 4-hour chart, the price bars are positioned between the upward-sloping moving average lines, indicating a bullish trend.

BCH/USD daily chart - October 31, 2025

What is the next direction for BCH/USD?

Bitcoin Cash surged to a high of $576 before retreating on October 26, as Coinidol.com reported. The cryptocurrency is currently trading above the $520 support but below the $580 high. The 4-hour chart shows BCH trading above the 50-day SMA support but below the 21-day SMA resistance. Meanwhile, the cryptocurrency signal is favourable, having broken above the 21-day SMA.

BCH/USD 4-hour chart - October 31, 2025

Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds. 

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Quick Facts:

1️⃣ Bitcoin enters November on the back of a red October, following a sell-off triggered by the latest rate cut and Powell’s hawkish stance.

2️⃣ Historically, November has been Bitcoin’s strongest month, with average gains of over 46% since 2013.

3️⃣ For those eyeing the best cryptos to buy now, consider watching low-cap gems like $HYPER, $BEST, and $M.

Some 30 days ago, all crypto investors could talk about was the promise of a glorious ‘Uptober,’ given that Bitcoin had historically averaged over 20% gains during the month.

And while the start was indeed positive, thanks to the Federal Reserve’s first rate cut of the year in late September, the token slowly but surely faded, giving away all of its gains after hitting a new all-time high of $126K.

Ultimately, it closed the month in the red, down 3.35%, causing many to speculate whether this serious shift in historical trend – remember, $BTC had seen six consecutive positive Octobers before this one – could mark the beginning of a deeper downtrend.

Now, as we head into November on the back of yet another Federal Reserve rate cut – albeit one that triggered a sell-off due to Powell’s more hawkish-than-expected comments, hinting that a December rate cut is not very likely – the big question is: what could November bring for Bitcoin and crypto?

Well, if history is anything to go by, November has been Bitcoin’s strongest month, with average returns of over 46% since its inception in 2013.

Most recently, in 2024, Bitcoin gained 37%, largely because of Donald Trump’s victory in the U.S. presidential elections.

And if you’re someone who follows price action more than hype, the fact that Bitcoin is now finding strong support at the 200-day exponential moving average (EMA), as well as at a resistance-turned-support zone that previously triggered a 16% rally in September, should have you resting easy.

These indicators suggest that Bitcoin’s latest sideways movement is, in all likelihood, an attempt to gather momentum before triggering a new rally, potentially toward fresh ATHs.

Now, if you want to position yourself in the best possible manner before the larger bullish trend resumes, consider loading up on under-the-radar altcoins that could go berserk once altcoin season hits.

To help you out, here are our top three suggestions for the best crypto to buy now.

1. Bitcoin Hyper ($HYPER) – Layer-2 Bringing Solana’s Performance to Bitcoin
Bitcoin Hyper ($HYPER) is easily one of the best crypto presales of 2025, with both retail investors and whales pouring in a total of $25.5M so far in its ongoing presale, including a chunky $92K whale transaction just a few hours ago.

One look at Bitcoin Hyper’s bottom line is enough to explain its gobsmacking popularity.

It’s building a new Layer 2 solution for Bitcoin – one that aims to solve the network’s age-old issues of sluggish throughput, high costs, and lack of Web3 support.

$HYPER will achieve this through Solana Virtual Machine (SVM) integration, enabling the execution of thousands of transactions in parallel instead of Bitcoin’s current one-by-one processing system.

📚 Take a look at our step-by-step guide on how to buy Bitcoin Hyper.

On top of that, the SVM will also empower developers to build smart contracts and decentralized apps (dApps) on Bitcoin.

This will open up a never-before-seen world of high-speed DeFi, trading apps, lending platforms, staking, DAOs, gaming, and more.

Furthermore, a non-custodial canonical bridge will facilitate seamless interaction between Bitcoin’s Layer 1 and Hyper’s Layer 2 networks.

It’ll convert your original Bitcoin into wrapped Layer 2-compatible tokens, granting easy access to Hyper’s Web3 ecosystem.

According to our $HYPER price prediction, the token could go bonkers after listing, potentially reaching $0.20 by the end of 2026 – a massive 1,400% ROI from current levels.

2. Best Wallet Token ($BEST) – Firepower Behind a Secure & Easy-to-Use Crypto Wallet
Best Wallet Token ($BEST) is the native cryptocurrency of Best Wallet – a new free-to-use crypto wallet that’s making waves in the industry thanks to its never-before-seen usability features.

Chief among them is its ‘Upcoming Tokens’ section, which lets you spot the best new cryptocurrency projects before they hit the mainstream. Plus, it also reduces the process of buying those tokens to just a few simple steps.

Compare this to traditional crypto wallets, which require you to visit external presale websites, connect your wallet there, and then head back to authorize the transaction.

The problem with this approach is that it’s not only time-consuming, but it also leaves you wondering whether the presale website is legitimate or not.

With Best Wallet, however, their internal team verifies each token before listing it in the Upcoming Tokens section.

On top of that, Best Wallet is a non-custodial crypto wallet, meaning only you have access to your private keys.

There’s also excellent two-factor authentication, including biometric login, along with strong safeguards against hackers, scams, and phishing websites.

Currently in presale, Best Wallet Token ($BEST) has already attracted over $16.76M from early investors, with each token available for just $0.025875.

According to our $BEST price prediction, a $100 investment today could turn into $2,400 by the end of 2026. Buying $BEST also unlocks a handful of exclusive features, like:

Reduced transaction and gas fees
Governance rights
Early access to presale projects
Staking rewards currently yielding 78%

3. MemeCore ($M) – Meme Coin Giant Transforming the Industry
MemeCore ($M) has been one of the biggest success stories in meme coin history.

What started out as a groundbreaking mission to transform meme coins from purely speculative, illogical, and fun-loving assets into an ecosystem of growth, community engagement, and real value has now made it the fourth biggest meme coin in the world, with a mind-boggling $2.55B market cap.

At the heart of this exciting cryptocurrency project is a novel Proof of Meme consensus layer, purposefully built to reward every form of participation in a meme’s life cycle – whether it’s from creators, amplifiers, or contributors.

On the charts, $M looks better than ever.

After breaking out of a descending triangle pattern on October 22, it successfully completed a retest of the breakout resistance line and is now neatly climbing toward its target, which, in this case, happens to be its current all-time highs around $2.5.

That said, given that the last time the token broke out of a similar pattern it surged over 600%, MemeCore has the potential to go absolutely bonkers here and possibly reach the $15 mark in the coming weeks.

Fancy some memetic madness? Grab your $M tokens on CoinFutures today.

Disclaimer: The crypto market is highly volatile and unpredictable. Kindly do your own research before jumping in. This article is not financial advice.

Authored by Krishi Chowdhary, Bitcoinist – https://bitcoinist.com/best-crypto-to-buy-in-november-bitcoin-enters-historically-strongest-month

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Ripple price remained on edge and formed at least two risky patterns pointing to a crash despite renewed hopes that spot XRP ETFs will launch soon. 

Summary

Ripple price has formed a death cross pattern on the daily chart. 
It also formed a break-and-retest pattern by touching the lower side of the descending triangle.
These patterns point to a crash when the XRP ETF approval happens.

XRP ETFs are nearing their launch
Ripple (XRP) token was trading at an important support at $2.50, down by over 30% from its highest point this year. Its crash has coincided with the ongoing weakness in the crypto market.

The ongoing XRP price action is happening as the exchange-traded funds approval date nears. 

One sign that these funds will be approved soon is that Bitwise updated their filing on Friday to include the listing on the NYSE and its fees, which will be 0.34%. According to Bloomberg’s Eric Balchunas, this is usually the last stage before an ETF starts trading.

Bitwise just updated their XRP ETF filing to include exchange (NYSE) and fee of 0.34%, which are typically the last boxes to check. Amendment #4. pic.twitter.com/BUnkasSQY5

— Eric Balchunas (@EricBalchunas) October 31, 2025

Another sign that the SEC will give its go-ahead for spot XRP ETFs is that it has already allowed other spot altcoin funds. The recently launched Litecoin ETF has had over $700k in inflows, while the HBAR fund had $44.39 million. 

Solana ETFs are nearing $200 million in inflows, making them the most successful launches. They hold over $502 million in assets, equivalent to 0.49% of the market cap. 

XRP ETFs will likely have higher inflows than Solana. One sign for this is that the recently-launched REX-Osprey XRP ETF, which has an expense ratio of 0.75% has gained over $110 million in assets in its first month. Also, JPMorgan analysts estimate that XRP ETFs will have over $8 billion in inflows in the first year. 

In theory, the Ripple ETFs approval should boost the token’s price as it will bring new money to XRP. However, in the near term, the token may drop as investors sell the news, as we saw with Solana and Hedera.

Ripple price technical analysis 
XRP price chart | Source: crypto.news
The daily chart shows that the XRP price has dropped in the past few months. This crash started after it jumped to a record high of $3.66 in August and intensified in October.

The token formed a death cross pattern on Oct. 18 as the 200-day and 50-day Weighted Moving Averages crossed each other. It also moved below the key support at $2.70 on Oct. 11. This was a notable level as it was the lower side of the descending triangle pattern.

Most notably, the coin rebounded and retested this price last week, concluding a break-and-retest pattern. Therefore, a combination of a death cross, descending triangle, and a break-and-retest pattern points to more downside, potentially to $2.

Investors now see BTC as the benchmark trade, rotating their capital to alts for just a few weeks before returning to the leading coin.

Since the end of 2024, market experts have predicted the coming of a massive altcoin season. 2025 is almost at its end, but their predictions are yet to come true. In fact, it appears there won’t be any altseason at all as most altcoins have performed poorly in this bull cycle.

According to a tweet from crypto investor and trader Daan, only 29% of the top 50 altcoins have performed better than BTC this year. Traders are holding out hope, but since the bull cycle is in its later stages (according to the four-year cycle pattern), the chances of an altseason have decreased drastically.

Are Altcoins Doomed?
In past cycles, altcoins have performed better when BTC faltered in its dominance, as liquidity rotated from the asset to other projects. This led to the theory that Bitcoin’s dominance needs to weaken and the asset be in consolidation before altcoins can move. However, the opposite has mostly been the case in this cycle.

With the exception of a few tokens, the altcoin sector has largely followed bitcoin’s dynamic – rising and falling alongside the king cryptocurrency. In some cases, they have even performed worse than BTC during corrections, plummeting twice as hard as the asset.

Investors now see BTC as the benchmark trade, rotating their capital to alts for just a few weeks before returning to the leading coin. Over the last six months, the percentage of the top 50 altcoins that have outperformed BTC has been capped at 39%. Altcoins now experience short rallies that do not exceed two to three months. More recently, these price spikes have lasted for just two to three weeks at best.

A Different Bull Run
In contrast to this cycle’s data, altcoins had a massive rally during the last bull run. Daan noted that the COVID era in 2020-2021 was the last time the altcoin sector outperformed BTC for a sustainable period. Now, analysts have tagged most alts as “bounce-to-sell.” The tokens that have seen sustained rallies are mostly projects with good structure and community backing.

Interestingly, some analysts predicted this pattern early this year. One of them is Ki Young Ju, founder of the market research firm, CryptoQuant. Ju revealed during the market rally in December that the altseason for this cycle will not play out as expected. He insisted that most altcoins will no longer be driven by BTC, but will need to build independent ecosystems to grow.

You may also like:

History Says Caution: BTC Price Eyes Drop to $70K After a Red October

Bitcoin’s Risk-Off Signal Weakens: Is the Market Finally Learning to Handle Volatility?

Bitcoin Dumps to Weekly Lows as Liquidations Skyrocket to Over $1.1 Billion