Market Signal Briefing

According to market snapshots, Zcash rose about 30% in a 24-hour span, moving from roughly $272 to a peak near $355. The coin has been up more than 40% in the last week.

The token’s gain outpaced all other top 50 coins by market cap during the same window. Volume spiked at the same time, showing traders piled in quickly after a single social post touched off the move.

Influencer Posts Spark Buying
Based on reports on social media, the rally was partly driven by traders reacting to a bullish post from Arthur Hayes on X.

Contributors on platforms like Binance Square flagged the post, and one user known as AB Kuai Dong said an endorsement by what he called a “legendary Silicon Valley investor” pushed people into the market.

Vibe check $ZEC to $10k pic.twitter.com/tBc0WaxzZ1

— Arthur Hayes (@CryptoHayes) October 26, 2025

Another poster, Clemente, who is listed as a board member at treasury firm K9Strategy, said they joined the trade because they felt “so much FOMO I couldn’t keep myself sidelined.” These bursts of hype pushed more orders onto the books and helped lift the price in a short time.

Past Calls Have Moved Markets
Hayes has prompted market moves before. At a Tokyo conference in August 2025, he predicted Hyperliquid’s HYPE token could climb 126 times over three years.

That call produced a modest market response then — roughly a 5% uptick for HYPE — but it showed how a single forecast from a well-known figure can sway trader behavior.

Market participants say such calls sometimes lead to brief spikes and sometimes to longer trends. Follow-through, depth of liquidity, and general demand all matter.

ZECUSD trading at $351 on the 24-hour chart: TradingView
Privacy Tokens See Renewed Interest
Reports have disclosed that Zcash rallied close to 500% over the last 30 days and crossed a $5 billion market cap on Sunday, according to CoinMarketCap data.

At the same time, Monero, the largest privacy coin by market cap, ticked up about 3.2% to trade near $345 and remains restricted on many big exchanges, highlighting differences in access and regulatory pressure.

Source: CoinCodex
Technical Indicators Show Choppy Momentum
According to a recent Zcash price outlook, ZEC is forecast to rise about 52% and reach $558 by November 26, 2025. Current technical indicators are flagged Bullish, while the Fear & Greed Index sat at 51, a neutral reading.

Over the past 30 days Zcash posted 19/30 green days, which is 63%, and showed 37% price volatility. Those numbers point to strong recent momentum but also to a bumpy ride. Some gains may hold if new buyers arrive and liquidity tightens; other gains could fade quickly if selling pressure appears.

Based on reports and the data above, the Zcash move highlights how social signals can trigger rapid trading flows. The numbers are eye-catching. Still, traders and observers will be watching whether demand deepens or the rally is a short-lived reaction to hype.

Featured image from Gemini, chart from TradingView

Bitcoin (BTC) is showing signs of recovery on Monday, October 27, as the Crypto Fear & Greed Index climbed to 51 and turned neutral for the first time since President Trump initiated new tariff wars with China a couple of weeks ago.

As of the time of writing, the cryptocurrency is trading at $115,420, having advanced 2.60% in the past 24 hours, almost mirroring the 2.50% gain in the broader crypto market. 

BTC 24-hour price. Source: Finbold
A result of promising technical signals, macroeconomic relief, and renewed institutional inflows, the rally has allowed BTC to reclaim its 50-day exponential moving average (EMA) at $114,176.

The $114,000 range also served as support, according to market analyst Ted Pillows, who now sees $118,000 as the next important target to keep an eye on.

Should “digital gold” surge past that mark, Pillows predicts, we might see a new Bitcoin all-time high (ATH) as soon as next week.

“Now, Bitcoin needs to reclaim the $118,000 zone, and a new ATH could happen in 1-2 weeks,” wrote Pillows on X.

Bitcoin volume will be crucial
Elaborating further in the comments, Pillows stressed that volume confirmation will be the key to success, and that the $118,000 support zone must hold.

At press time, the daily trading volume sat at $59.45 billion, surging more than 140% and lending a lot of support to the bullish outlook.

The analyst added that the price action “looks clean” and that the momentum is “still there,” but nonetheless admitted that an unfavorable macroeconomic twist could negatively impact the upward trajectory.

Last Friday’s Consumer Price Index (CPI) print of +0.3% for the past month (vs. +0.4% expected) greatly boosted expectations of a Fed rate cut on October 29. Traders now give it a 98% chance of happening, according to the cryptocurrency-based prediction platform Polymarket. 

During the weekend, a new U.S.-China trade deal was also struck, temporarily halting new tariffs and easing some restrictions on rare earth exports.

Traders are therefore watching whether BTC can hold above $114,000 in the days leading to the next Fed meeting this Wednesday and the November 1 Washington-Beijing summit, which could set the tone for Pillows’s $118,000 range and thus a potential new all-time high.

Featured image via Shutterstock

In a major ruling that could reshape how India views digital assets, the Madras High Court has temporarily stopped WazirX from reallocating a user’s frozen XRP holdings, marking a crucial win for Indian crypto users affected by the exchange’s 2024 hack. The decision recognizes cryptocurrency as a form of property that can be held in trust, a stance that could set a powerful legal precedent for future crypto disputes in India.

Crypto as Property, Not Exchange AssetJustice N. Anand Venkatesh issued the order on October 25, directing Zanmai Labs, WazirX’s Indian operator, to provide a bank guarantee worth ₹9.56 lakh (around $11,500), the value of the petitioner’s 3,532 XRP, until arbitration proceedings conclude. The judge stated that “cryptocurrency is property capable of being enjoyed, possessed, and held in trust,” establishing a clear distinction between the exchange’s control and the user’s ownership rights.

This recognition effectively challenges the notion that exchanges have absolute authority over users’ digital assets, strengthening the argument that crypto belongs to the user, not the exchange.

Clash Between Indian Users and Singapore RestructuringThe case stems from WazirX’s controversial restructuring plan, managed through its Singapore-based parent company, Zettai Pte Ltd. After the $230 million hack in July 2024, WazirX froze withdrawals and proposed a “socialized loss” scheme. Under the plan, affected users would receive “recovery tokens” and partial repayments once the exchange resumed operations, an approach recently approved by the Singapore High Court.

However, the petitioner, Rhutikumari, argued that the exchange’s move to redistribute her XRP without consent violated her ownership rights under Indian law. The Madras High Court sided with her, halting WazirX’s reallocation and affirming that her crypto holdings must remain protected until the dispute is resolved.

Implications for India’s Crypto Legal FrameworkThis decision could have far-reaching consequences for how Indian courts handle crypto disputes involving foreign-registered exchanges. By acknowledging that crypto assets can be held in trust, the ruling gives Indian users a stronger footing to challenge overseas corporate actions affecting their holdings.

For thousands of WazirX users still awaiting restitution from the 2024 hack, the judgment offers a glimmer of hope, a sign that India’s judiciary may prioritize user ownership and local legal protection over foreign corporate restructuring.

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Ethereum MVRV extreme deviation pricing bands. Source: Glassnode
Historically, ETH rallies have accelerated after reclaiming the +1σ line, with the next statistically stretched zone around +2σ aligning with the $5,000–$5,200 range.

The model’s structure supports this outlook: the realized price continues to trend higher, showing fresh inflows, while the lower deviation bands are curling upward, both signs of a strengthening, not exhausted, bull phase.

ETH Bull Flag Pattern Targets $5,400 Breakout
Ethereum’s recent consolidation takes the shape of a bull flag, a continuation pattern that typically appears after strong uptrends. The structure, defined by two downward-sloping parallel trendlines, reflects a period of profit-taking that often precedes renewed buying pressure.

The crypto market today is buzzing as Ethena (ENA) continues to steal the spotlight with a stunning 50% rally this month. Traders are turning bullish as confidence grows around Ethena’s fast-rising ecosystem and the growing use of its synthetic stablecoin, USDe. After weeks of steady gains, ENA is now approaching the key $0.60 mark, and the big question is, can the bulls keep up the momentum and deliver a strong finish before October ends?

The broader crypto market is flashing renewed optimism, with Bitcoin consolidating above the $115,000 mark and Ethereum eyeing a return toward $4,300. Amid this upbeat sentiment, altcoins are seeing a resurgence, and Ethena stands out as one of the strongest performers in the mid-cap segment. Its steady climb over the past few weeks signals growing investor appetite for innovative DeFi projects, especially those offering sustainable yield mechanisms.

The ENA price is up by more than 12% today against USD, 9.12% against BTC and 5.5% against ETH. However, the bulls are struggling to secure the price above a crucial range that may help them to initiate a fresh ascending trend.

Ethena (ENA) is forming a rising wedge pattern after rebounding from its recent lows, indicating short-term bullish momentum but possible resistance near $0.52–$0.55. The price is consolidating just below this zone, suggesting a potential breakout if volume increases. RSI around 52 reflects neutral momentum, leaving room for further upside. However, failure to breach resistance could trigger a pullback toward $0.47, making the upcoming sessions crucial for trend confirmation. 

As the bulls have failed to secure the $0.52 resistance, which coincides with the lower band of the Gaussian channel, the rally seems to remain under bearish influence. Even if the bulls manage to push the token within the channel, the price may continue to maintain an ascending consolidation within the channel until it breaks above. Now that the monthly close is on the horizon, another 30% upswing appears to be a tedious job and hence, the Ethena (ENA) price is expected to consolidate around $0.52 to $0.53 during the monthly close. 

Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

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Additional XRP exchange-traded funds (ETFs) will have to wait some more to be approved in the United States as the government shutdown affected their time line. However, the only spot ETF listed has already surpassed $100 million in assets, favoring a bullish XRP price prediction.The U.S.

Forbes Digital Assets

ByBilly Bambrough,

Senior Contributor.

Forbes contributors publish independent expert analyses and insights.

I write about how bitcoin, crypto and blockchain can change the world.

Oct 27, 2025, 07:51am EDT

In brief
Defunct crypto exchange Mt. Gox has pushed its repayment deadline back to October 31, 2026, per a court notice.
Around 19,500 creditors have been repaid so far, while many remain pending.
Early repayment news sparked selloffs, but later delays drew little reaction, showing greater market resilience.
Mt. Gox’s court-appointed rehabilitation trustee has postponed the defunct exchange’s creditor repayments, moving the deadline to October 31, 2026.

Rehabilitation trustee Nobuaki Kobayashi wrote that many creditors still haven’t received their repayments because they “have not completed the necessary procedures,” while others faced issues during the process.

The change was formally approved by a Tokyo court and announced in a notice published Monday.

Kobayashi said most base and early repayments were already completed for verified creditors, but many others remain unpaid in what has so far been one of the most drawn-out efforts at restitution in crypto history.

Around 19,500 creditors have received funds so far, while pending cases prompted the year-long extension. Arkham data shows Mt. Gox still holds about 34,689 BTC, worth nearly $4 billion at current prices.

Decrypt has reached out to Kobayashi and representatives for Mt. Gox for comment and will update this article should they respond.

Year after yearThe latest delay extends a repayment process already years behind schedule.

Mt. Gox, once the largest Bitcoin exchange, has pushed back repayment deadlines several times since its collapse in 2014 and the rehabilitation proceedings that followed. Despite partial distributions through registered exchanges, most creditors are still waiting to recover funds lost in the theft of roughly 850,000 BTC.

Efforts to recover the lost amount were set in motion back in 2021, when the Tokyo District Court approved Mt. Gox’s civil rehabilitation plan allowing creditors to recover a portion of the exchange’s remaining assets. That decision cleared the way for the return of roughly $9 billion in Bitcoin and Bitcoin Cash to an estimated 24,000 creditors, formally ending seven years of bankruptcy proceedings.

In September 2023, the rehabilitation trustee extended the repayment deadline by a year, moving it from October 2023 to October 2024 as it cited delays in verifying creditor information and coordinating with exchanges. That announcement marked the first major deferral since the court-approved rehabilitation plan was set in 2021.

Between late June and early July 2024, Mt. Gox trustees published a notice that repayments would start in early July. This triggered a sharp selloff, with Bitcoin sliding toward $61,000, ETF flows turning negative, and liquidations spiking.

By October 2024, the trustee extended the deadline again. Bitcoin received a brief boost following the announcement, as the delay was seen easing near-term sell pressure by keeping potential supply off the market.

Late last year, a $2.8 billion transfer from a wallet linked to Mt. Gox barely moved markets, with traders largely dismissing it as an internal transaction. The muted reaction reflected how much deeper and more liquid Bitcoin markets have become over the years.

Now, that deadline is being pushed back yet again, for another full year, prolonging a process that has already tested creditors’ patience for over a decade.

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Bitcoin Price Analysis: Technical Setup Turns BullishBitcoin ($BTC) has reclaimed the $115,000 level, signaling renewed bullish momentum after weeks of choppy consolidation. On the 2-hour chart, BTC shows a clear breakout structure supported by strong momentum indicators.

BTC/USD 2-hour chart - TradingView

RSI (Relative Strength Index) currently sits at 73.5, showing mild overbought conditions — a common signal in strong uptrends. The RSI remains above its moving average, confirming upward strength.MACD displays a positive crossover with widening histogram bars, suggesting the rally is gaining momentum.The next resistance zone lies near $116,500, while support is at $113,000 and major support at $106,000 — the latter serving as a strong accumulation level during previous pullbacks.

If $Bitcoin holds above $115K through the week, the bullish structure could extend toward $118K–$120K, confirming the return of market confidence.

Mt. Gox Repayments Delayed — Less Selling Pressure AheadIn a major relief for the crypto market, Mt. Gox has announced a delay in Bitcoin repayments until next year. This development significantly reduces the immediate selling pressure many feared would hit the market in late 2025.

The Mt. Gox wallet holds more than 140,000 BTC. With repayments postponed, billions of dollars’ worth of potential sell-side liquidity are now off the table, allowing Bitcoin to continue its rally unimpeded.
This is undeniably bullish for market sentiment, as it eases short-term supply concerns and supports continued upward momentum.

Trump Family-Backed Miner Buys $163 Million in BitcoinAdding to the bullish momentum, American Bitcoin, a mining company backed by the Trump family, has just purchased 1,414 BTC worth $163 million.

The move signals renewed institutional confidence in Bitcoin amid improving U.S. economic conditions and favorable policy direction from President Trump’s administration. Market observers suggest that this purchase reflects insider confidence — “they know something” — particularly as energy policy and crypto mining regulations in the U.S. turn more supportive.

Such large-scale strategic buys often precede major rallies, as they tighten supply and reinforce long-term holder conviction.

U.S.–China Deal Optimism Boosts Risk AssetsIn another macro tailwind, President Trump confirmed ongoing progress toward a trade deal with China, stating that both nations “will come away with a deal.”

Markets reacted positively, with risk assets — including Bitcoin — benefiting from renewed optimism in global trade stability. Historically, easing trade tensions have led to stronger capital flows into alternative assets such as crypto and gold. This reinforces the narrative of Bitcoin as a geopolitical hedge and a preferred asset in uncertain macro environments.

Bitcoin Price Prediction — Bulls in Control for Now?With favorable macro developments, delayed Mt. Gox repayments, and strategic institutional accumulation, Bitcoin’s technical and fundamental picture has aligned bullishly.

Key Support: $113K and $106KImmediate Resistance: $116.5K and $120KTrend Bias: Bullish while above $113KMomentum Indicators: RSI and MACD both confirm strengthIf Bitcoin maintains its position above $115K through the week, the next major breakout could push BTC toward $118K–$120K, potentially setting the stage for another all-time high retest before year-end.

Journalist

Posted: October 27, 2025

Key Takeaways
Is Ethereum’s recovery sustainable beyond the post-crash rebound?
On-chain fundamentals and institutional flows suggest it is, with Ethereum showing signs of leading the next leg of the market cycle.

What’s driving renewed investor confidence in ETH?
Tightening liquid supply, rising staking activity, and capital rotation are aligning with Tom Lee’s “supercycle” thesis.

The market is on track to recover its post-crash losses, and Ethereum [ETH] is no exception. A 4% move to $4,400 would see ETH fully recover its drawdown, putting previously underwater holders back “In the Money.”

That said, sustaining this run is a whole different game.

With the market flipping risk-on, shifting capital from “market-led” to “ETH-led” momentum will be key to keeping the $5k target in play. From the looks of it, investors already seem to be front-running that divergence.

Tom Lee doubles down on Ethereum’s super-cycle call
Fundstrat’s Tom Lee said,

“Ethereum remains in a supercycle.”

Highlighting robust on-chain activity across the L1 and L2 layers, Lee pointed out that fundamentals often front-run price action, and in ETH’s case, that trend continued to validate its long-term structural uptrend. 

On-chain data supported the narrative.

Ethereum’s TVL rose 5% to $90 billion in the past 24 hours. Stablecoin Supply climbed above $162 billion for the first time, and the Total Value Staked (TVS) hovered near its all-time high of 36.19 million ETH.

Source: CryptoQuant

Together, these metrics signal renewed network utilization.

In simple terms, liquidity is rotating into yield-bearing protocols, which in turn reduces circulating supply. For reference, since the October crash, roughly 160k ETH have been staked, suggesting long-term investor conviction.

Supported by this on-chain strength, Tom Lee maintained a bullish stance on Ethereum, reaffirming that the asset remains in a broader supercycle phase.

Notably, investor positioning appeared to be aligning with this view.

ETH dominance climbs as Bitcoin retreats
Ethereum’s undervaluation thesis is starting to play out.

From a technical standpoint, Ethereum dominance (ETH.D) has begun to diverge inversely from Bitcoin dominance (BTC.D), climbing 3% in under 48 hours to 13.2%, while BTC.D has logged four consecutive red sessions.

Meanwhile, SharpLink (SBET), following a month of inactivity, accumulated 19.72k ETH worth $78.3 million, establishing a cost basis near $4,062. The move hinted at institutional confidence in Ethereum’s upside potential.

Source: TradingView (ETH.D)

In short, ETH’s market share rose while its liquid supply tightened, a setup that typically favors sustained price appreciation.

Altogether, the convergence of rising on-chain metrics and institutional flows suggested strategic accumulation by investors anticipating further upside.

In this context, Tom Lee’s “supercycle” narrative is finding fresh validation. On-chain strength, liquidity rotation, and improving macro sentiment are increasingly aligning behind Ethereum’s long-term structural uptrend.

Ritika Gupta is a Financial Journalist and Geopolitical Analyst at AMBCrypto, specializing in the critical intersection of world politics, economic policy, and the cryptocurrency markets. Her analysis is informed by her distinguished background, which includes professional experience at major news network.
She holds a Bachelor's degree in Political Science and Psychology from Gargi College, University of Delhi. This academic training provides her with a sophisticated framework for dissecting complex issues such as international regulations, government fiscal policies, and the geopolitical forces that directly influence asset valuations.
At AMBCrypto, Ritika applies this expert lens to synthesize macroeconomic data and political developments, offering readers a deeper context for market movements. She excels at explaining not just what is happening in the market, but why it is happening. Her work is dedicated to providing strategic insights that empower readers to understand the complex relationship between global events and their digital assets.

Driven by hopes that regulatory clarity will finally unlock mass banking adoption, XRP (XRP 0.80%) has exploded this year, surging more than 370% since last October. But despite this incredible performance, a decade from now, I think XRP will be worth far less than investors hope.

Today's Change

(

-0.80

%) $

-0.02

Current Price

$

2.62

Banks can use RippleNet without XRP
The bull thesis has always hinged on the premise that as banks adopt the technology and products of Ripple (the company behind XRP), demand will soar and XRP's price will follow. The problem is that banks don't really need XRP to use Ripple's services.

RippleNet, Ripple's flagship product, delivers speed and cost savings without requiring banks to touch XRP at all. They can stick with traditional currencies and still reap the benefits. While Ripple's ODL product does use XRP as a bridge asset for cross-border transactions, it remains comparatively niche -- adopted mainly by smaller institutions where liquidity really matters, not the major banks that would move the needle.

Image source: Getty Images.

Ripple's stablecoin could hurt XRP's price
Even if ODL adoption accelerates, Ripple's stablecoin ambitions  could very well undermine ODL's demand effects. Its stablecoin, RLUSD, could be used as the "bridge asset" in ODL transactions instead of XRP. The company's push for a banking charter and its $200 million acquisition of a stablecoin payment company make me believe this is the direction Ripple is headed.

In 10 years, I expect XRP to be a cautionary tale about mistaking a company's success for its token's value. While XRP's price could gain in the short term, I think its returns will seriously lag the market over time.

Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and XRP. The Motley Fool has a disclosure policy.

PI and ZEC are today's top gainers.

Bitcoin skyrocketed past $116,000 earlier today to set a multi-week high before it was stopped and pushed south by around a grand.

Numerous altcoins have posted massive gains over the past day, led by ZEC and PI. Some of the larger caps are also well in the green.

BTC Stopped at $116K
Bitcoin surged at the beginning of the previous business week as well, when it added over six grand in hours and soared to $114,000. However, this rally was short-lived, and the asset slumped by eight grand almost immediately to almost $106,000.

The following days were calmer, as BTC prepared for the Friday release of the CPI numbers for September. Before the announcement went live, the cryptocurrency had calmed at $111,000 but jumped to $112,000 once it became known that the inflation is not as high as experts believed.

The following hours were less positive as BTC slipped to $110,000, but went on the offensive once again during the weekend and challenged $112,000 on Sunday. At first, this resistance held but gave in after the US Secretary hinted at a major trade deal between the US and China.

Bitcoin broke past $113,000 on Sunday and kept climbing on Monday, surpassing $116,000 for the first time since the October 10 massacre. Although it has been pushed south by $1,000 since then, it’s still 2.4% up on the day. Its market cap has risen to almost $2.3 trillion, while its dominance over the alts is close to 58%.

BTCUSD. Source: TradingView
PI, ZEC on the Rise
Pi Network’s native token became the top performer in the past 24 hours, skyrocketing by over 25% at one point to well over $0.28. ZEC follows suit as the privacy coin is up by 15% and tapped $350 for the first time this decade.

The other notable gainers from the larger-cap alts include BCH (6.4%), ETH (4.2%), BNB (2.6%), and UNI (5%). SOL, DOGE, ADA, LINK, and HYPe are also in the green, albeit in a more modest manner.

The total crypto market cap has added over $100 billion since yesterday and briefly tapped $4 trillion earlier today.

Cryptocurrency Market Overview. Source: QuantifyCrypto

Pi coin price looks poised to break out of a falling channel after it formed a bullish MACD crossover on the daily chart. Is the token set to soar this week?

VIRTUAL price has broken sharply from a months-long downtrend, fueled by a surge in agent-to-agent transactions following adoption of Coinbase's x402 protocol.

Bitcoin price has regained momentum as supply in profit rises and trend strength improves. As of this writing, Bitcoin is up 4% over the last day, trading at about $116,030.

The crypto market today is witnessing renewed bullish momentum, with Pi Network (PI) emerging as a top gainer amid altcoin recovery. In the past few hours, the PI price surged over 20%, rebounding sharply from the $0.21 support zone to trade around $0.26. This sudden rally comes as nearly 2.7 million users successfully migrated to the mainnet, marking a major milestone for the project and fueling optimism across the Pi community.

What’s Driving Pi Network’s Price Surge?The recent rally in Pi Network’s price appears to be more than just a speculative bounce—it reflects improving market confidence and subtle on-chain shifts. Analysts point to increased user activity within the ecosystem, growing mainnet interactions, and renewed discussions around Pi’s future exchange listings. According to recent market data, Pi Network’s latest uptrend is backed by a combination of technical and fundamental factors:

Mainnet Migration Momentum — Over 2.69 million users completed KYC and migrated to the mainnet this week, signaling strong network participation.Reduced Selling Pressure—A notable volume of PI tokens was moved off exchanges, tightening available supply and supporting prices.Market Sentiment Shift—The broader altcoin market recovery and renewed investor interest in utility-driven projects have strengthened demand for Pi.Speculative Trading Activity—As Pi remains unlisted on major centralized exchanges, limited liquidity has amplified short-term price volatility.Can PI Price Sustain the Momentum?Pi Network has been in a continuous downtrend since early 2025, printing lower highs and lower lows. However, today’s breakout above the long-term resistance line near $0.22 marks the first meaningful bullish signal in several months. The move is accompanied by strong buying volume, indicating that buyers are regaining control.

Key Technical IndicatorsSupertrend (10, 3): The Supertrend indicator has flipped bullish for the first time in weeks, turning green near $0.20. Sustaining above this level could confirm a trend reversal.Volume Surge: Trading volume soared to 193.7 million, the highest since May 2025, validating the breakout and showing fresh accumulation pressure.RSI (Relative Strength Index): The RSI has climbed to 61.23, signaling increasing bullish momentum but still leaving room for further upside before reaching overbought territory.Support and Resistance LevelsZoneTypeRangeImmediate SupportPost-breakout base$0.21–$0.22Short-Term ResistanceSupply zone$0.28–$0.30Next Major ResistanceApril swing highs$0.35–$0.38Critical SupportBreakdown level$0.18The zone between $0.28 and $0.30 represents a key test area. A decisive daily close above it could open the door for a push toward $0.34–$0.38. Failure to break through may lead to sideways consolidation between $0.21 and $0.28. The structure resembles a falling wedge pattern, a bullish reversal setup often seen after extended declines. Confirmation has been strengthened by the breakout above the wedge’s resistance line, rising RSI readings and a noticeable spike in trading volume.

This pattern implies a potential target near $0.34, derived from the measured wedge height added to the breakout point. Pi Network’s breakout above the descending trendline, supported by rising volume and positive RSI momentum, signals the first technical confirmation of a potential trend reversal. If the price manages to close above the $0.28–$0.30resistance area, PI could extend its rally toward $0.35–$0.38 in the near term.

However, traders should monitor volatility and avoid premature entries until volume confirms sustained buying pressure.

Caution Still AdvisedDespite the surge, experts warn that Pi Network remains speculative. The project has yet to achieve a fully open mainnet or secure major exchange listings. Until these milestones are reached, price rallies may remain sentiment-driven rather than fundamentally supported.

Investors are advised to monitor:

Progress toward mainnet integration and ISO 20022 readinessExchange listing announcementsPartnerships or ecosystem expansions that enhance utilityIf Pi Network continues its current pace of user migration and ecosystem development, analysts believe PI price could retest the $0.30–$0.35 range in the near term. However, without a confirmed listing or broader adoption, consolidation around current levels remains the most likely scenario.

Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

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After several days of a downward trend in the price of Solana, the altcoin flipped into bullish territory, as it targets the pivotal $200 threshold. During this period of negative price action, investors’ interest in the leading altcoin seems to have increased sharply, leading to their massive BTC buys.

Whales Are Quietly Accumulating SOL
Even with the recent decline in price, a bullish sentiment and action have been observed among key Solana investors. From the report from Solana Sensei, a market expert and OG Investor, it can be seen that large investors, also known as whales, are making bold moves in the midst of market volatility.

In the report shared on the social media platform X, the expert highlighted that whales are heavily loading up on SOL, which has triggered questions of an impending rally in SOL’s price. This renewed strong wave of accumulation from large investors is being carried out at a discount.

Such a development signals a resurgence of the confidence and interest of investors in the altcoin’s ongoing price action and its long-term potential. As the network continues to show resilience, scalability, and expanding domination across decentralized applications and DeFi activities, deep-pocketed investors’ renewed confidence highlights their growing belief in Solana’s long-term potential.

Source: Chart from Solana Sensei on X
Given the rising accumulation by large investors, the expert is confident that SOL’s path to the $1,000 price mark could begin in the foreseeable future. Meanwhile, Ali Martinez, a crypto analyst and trader, has outlined a potential bounce in SOL’s price to a new all-time high in November.

The chart shared by Solana Sensai indicates that Solana exhibits a rising channel pattern, with its price remaining above the $180 mark. According to the seasoned analyst, this positioning could be the setup for a rebound to $230 and pos $290.

SOL Treasuries Decline Still Ongoing
While whale accumulation has grown sharply, Solana treasuries have exhibited lesser accumulation in the last few days. Solana-focused treasury companies appear to be facing a period of sustained decline due to a drop in reserves and activity. When institutional treasuries associated with the ecosystem are reducing their holdings, it signals a cautious stance amid ongoing market uncertainty.

According to Ted Pillows, the steady drop in treasury reserves is not the right outlook for SOL in the short term. This is a result of fading buying pressure from these big entities. The reduction implies that capital allocators are resetting their exposure, possibly paving the way for a strategic reset before the next growth phase.

As the market progresses, Pillows has noted a potential (Federal Reserve) announcement of the Quantitative Tightening (QT). When this occurs, Pillows has predicted that SOL will bottom out soon, which, in the end, will be bullish for SOL.

At the time of writing, Solana was trading at $204, demonstrating a nearly 6% increase in the last 24 hours. Its trading volume has risen sharply by over 103% in the past day, indicating growing optimism among investors and traders.

SOL trading at $201 on the 1D chart | Source: SOLUSDT on Tradingview.com
Featured image from Pixel Plex, chart from Tradingview.com

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.

Story HighlightsThe live price of Ondo Price is  $ 0.74803163Ondo price could reach a high of $0.80 to $2.05.With a potential surge, Ondo crypto price may hit $9.30 by 2030.ONDO Finance in the RWA sector is a hot topic, investors are closely eyeing its future potential. Especially as its native token ONDO continues to build credibility and momentum through high-profile developments.

Moreover, Ondo Finance is known to be a leading RWA provider on the Solana chain and it is witnessing growing institutional interest, ONDO has solidified itself as a major player in the Real World Asset (RWA) space.

With such attraction, ONDO price prediction 2025 is what analysts and retail investors are intrigued about. But how far can it go from here? Let’s dive into the detailed ONDO price forecast from 2025 to 2030.

Ondo Price TodayCryptocurrencyOndoTokenONDOPrice$0.7480 0.70% Market Cap$ 2,363,112,359.6324h Volume$ 112,660,520.7446Circulating Supply3,159,107,529.00Total Supply10,000,000,000.00All-Time High$ 2.1413 on 16 December 2024All-Time Low$ 0.0835 on 18 January 2024ONDO Price Analysis 2025The biggest rise in the ONDO price was when Donald Trump won the election last year, hitting $2.148 by mid-December on Coinbase. Since then, it has continuously declined, and by April 2024, it fell to a low of $0.70.

In the entire Q2, it has seen its price action trapped in a range, despite being a leading performer in tokenized RWA’s based on Coingecko’s report that came in June 2025.

In Q2, many were anticipating that this altcoin could at least gain like last year’s first half movement, but met with a strong supply level by mid-May and declined. 

By the third week of June, it fell 35% from the mid-May high, hitting $0.61, due to geopolitical uncertainty. The H1 closed negatively, but ceasefire news between the US, Israel, and Iran gave relief to investors, and they turned their hopes to H2.

ONDO Price Targets November 2025The price action for ONDO throughout 2025 has been defined by a deep consolidation box, firmly capped by the $1.10 resistance. Quarters two and three proved to be no different, maintaining the tight range, yet a pattern of deliberate liquidity hunting has been the dominant theme.

The token has consistently targeted the $0.70 support area, using it as a repeated point of leverage to trigger retail stop-losses. This ‘shakeout’ maneuver was seen clearly in April and June, but it intensified in October, culminating in the largest liquidation event of the year. This aggressive dip drove ONDO down to $0.60.

Crucially, the subsequent immediate recovery by the bulls that pushed ONDO straight back above the $0.70 support strongly reinforces the thesis. It seems this was not a genuine breakdown, but a strategic move to clean out weak hands before a major rally. This pattern frequently precedes when a significant upward expansion is about to come.

The decisive moment seems like it is now here, as October is about to end with an important key event which is a fed rate cut of 0.25% basis point. This could be a catalyst where it could retest the $1.10 range’s upper border.

For ONDO to enter its next phase of price discovery, the $1.10 resistance must be flipped and held with conviction. If bulls can sustain a close above $1.10 in November, establishing it as new support, the path could open rapidly to targets at $1.50 and potentially as high as $2.10 before the year is complete. 

However, the failure to break the $1.10 ceiling will prolong the accumulation phase and risks another deep retest of the lower support levels.

MonthPotential LowPotential AveragePotential HighONDO Price November 2025$0.80$1.00$1.29Looking at the broader, long-term chart for ONDO, there’s a significant observation on the weekly chart that firmly indicates that the longer a price consolidates, the more powerful the eventual breakout tends to be. This was clearly demonstrated by ONDO’s price action in 2024, and the weekly chart also confirms the strength of its key support levels.

Similarly, this technical setup, combined with growing fundamentals, clearly paints an optimistic picture for ONDO crypto. The increase in institutional collaborations and retail adoption, along with favorable external market factors, is bolstering the current momentum.

Bullish Scenario: If this positive pressure continues, and ONDO can achieve a daily close above the $1.16 resistance level in Q4, it could pave the way for a retest of $2.10 by year-end.

Bearish Scenario: However, if the multi-month support at $0.80 is breached, ONDO could find its next supports at $0.66 and $0.45, where new buying interest could emerge.

YearPotential LowPotential AveragePotential High2025$0.80$1.20$2.10ONDO Price Analysis: Onchain OutlookThe on-chain data indicates that although the price is currently capped and has been consolidating for several months, the on-chain metrics have strengthened significantly despite the weak ONDO price action. 

Since January 2024, the number of confirmed transactions sent to a project’s contracts has increased. By October 2025, the project had surpassed 1.2 million transactions, making it the second-largest project for real-world asset (RWA) issuance after BitGo.

Additionally, the Ondo TVL (Total Value Locked) metric indicates that the total USD value of outstanding tokens across Ondo’s tokenized yield product has reached an all-time high of $1.4 billion. This suggests that adoption is increasing, as well as the influx of funds into ONDO at a favorable rate.

ONDO Cryptocurrency Price Target 2026 – 2030YearPotential Low ($)Potential Average ($)Potential High ($)20261.652.754.1520272.203.655.2520282.954.306.9020294.755.608.4520305.357.459.30Ondo Coin Future Forecast 2026The price projection of ONDO crypto for 2026 could range between $1.65 to $4.15, with an average trading price of roughly $2.75.

Ondo Token Price Prediction 2027This altcoin could hit a potential high of $5.25 in 2027, with a potential low of $2.20, and an average price of $3.65.

ONDO Price Prediction Next Bullrun 2028By 2028, forecasts indicate a potential low of $2.95 and a high of $6.90. This could bring the average price to $4.30.

Ondo Price Forecast Long-term 2029During 2029, the price of the Ondo token is anticipated to reach a minimum of $4.75, with a maximum of $8.45, and an average price of $5.60.

ONDO Coin Price Growth Potential 2030ONDO coin price may reach a high of $9.30 in 2030. With a potential low of $5.35. With this, the average price could settle at around $7.45.

Market AnalysisFirm Name202520262030Changelly$1.32$1.87$8.26priceprediction.net$1.34$2.03$8.43DigitalCoinPrice$2.01$2.29$5.01CoinPedia’s Ondo Price TargetsCoinPedia’s price prediction for Ondo is extremely volatile. This is due to this altcoin’s highly fidgety nature. If the crypto market successfully regains momentum, this ETH-based token may surge toward a new high.

With this, the Ondo Price Prediction for this year could range between $3.05 as its high and $1.19 as its potential low.

We expect the Ondo Price to reach $3.05 in 2025.

YearPotential LowPotential AveragePotential High2025$1.19$2.12$3.05Also read, Arbitrum Price Prediction 2025, 2026 – 2030!

Never Miss a Beat in the Crypto World!Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

FAQsHow much is Ondo crypto worth today?

At the time of writing, the price of the Ondo token was  $ 0.74803163.

What is ondo in crypto?

Ondo project is a Decentralized Financial (DeFi) platform. It is known to offer risk-isolated, fixed-yield loans backed by yield-generating cryptocurrency assets.

Where is the Ondo coin listed?

The token is available for buying and selling on all the major centralized exchange platforms.

Can Ondo reach $100?

For the Ondo token to reach $100, it will require a surge of 9800.99% from its current valuation.

How to buy Ondo crypto?

One can buy, hold, or sell Ondo crypto tokens by creating a wallet on a centralized cryptocurrency exchange.

When was Ondo Crypto launched?

The project made its presence in 2021. However, its native token “ONDO” made its first appearance in 2024.

Will the ONDO price increase?

With a potential surge, this altcoin may record a high of $11.75 during 2030 with an average trading price of $9.30.

Disclaimer and Risk WarningThe price predictions in this article are based on the author's personal analysis and opinions. CoinPedia does not endorse or guarantee these views. Investors should conduct independent research before making any financial decisions.

Dogecoin has seen gains of 6% over the last 24 hours, surpassing those of major cryptocurrencies, including Bitcoin and XRP. The meme coin was trading at $0.2067, with a total daily volume exceeding 1.87 billion, more than twice its usual trading volume.

The performance marks a significant improvement compared to larger-cap digital assets. Bitcoin rose 3.15% over the same period, while XRP increased by 1.52%. The surge indicates the increasing speculative interest in the dog-themed cryptocurrency.

Futures Market Signals Growing OptimismDogecoin futures open interest surged by 9% in 24 hours, indicating a high level of trader activity. According to Binance data, approximately 70% of traders with open positions are betting on price growth. This asymmetrical placement indicates that there are many bullish sentiments among the active market players.

The derivatives market action is in line with larger movements in cryptocurrency markets. Digital assets rose after diplomatic developments between China and the United States over trade. Both countries are reported to have made initial deals in advance of an intended meeting between President Donald Trump and Chinese President Xi Jinping.

Cryptocurrency analyst Ali Martinez found critical support of Dogecoin at levels below 0.18. Such a level might lead to the push of prices to $0.25 and $0.33. These targets are 21-60% gains at present trading levels.

Technical indicators offer a conflicting message. According to TradingView data, the Moving Average Convergence Divergence (MACD) indicator generated a buy signal. This indicates favorable momentum, as evidenced by comparisons of the exponential moving average. However, the Bull Bear Power indicator remains neutral, reflecting balanced pressure between buyers and sellers.

Market Context and Trading VolumeThe spike in volume to $1.87 billion is a significant boost to the market. Increased volumes of trade are typically a positive sign of increased conviction among market players and may indicate long-term price trends.

Dogecoin remains the largest meme cryptocurrency by market capitalization. Since its inception, the token has withstood the market's test through numerous market cycles, establishing a loyal fan base of followers and traders.

The ongoing bull run is not confined to Dogecoin, but it applies to the wider cryptocurrency and equity markets. Risk assets also improved due to optimism about the easing of trade tensions between the two largest economies in the world. Trade friction is regarded by market participants as favorable to economic growth and risk tolerance globally.

Source: X

The technical chart and market positioning in the derivative markets suggest that traders anticipate the trend to continue upward. The fact that the long positions are concentrated on Binance suggests that leveraged traders are confident, but the position can increase gains and losses equally.

Analysts continue to monitor the support at $0.18 as a key area to maintain a bullish market structure. Breach of this would result in profit and position liquidations. On the other hand, any above-support hold can confirm the positive technical perspective and attract more purchasing attention.

Mon, 27/10/2025 - 10:53

XRP is reclaiming one of the biggest resistances of 2025, with the possibility of a rally acceleration.

Cover image via U.Today

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.

Momentum may finally be turning in favor of the bulls, as XRP recently achieved one of its most technically significant milestones of the year: a confirmed breakout above the 200-day exponential moving average (EMA). The rise of XRP above this long-term resistance level raises the possibility of a trend reversal, and possibly a wider rally into November, following weeks of sideways consolidation and unsuccessful recovery attempts.

XRP above itAfter making a significant push from the $2.45 support zone, which had served as a crucial defensive line during the October correction, XRP is currently trading at about $2.61. An obvious change in market sentiment is indicated by the move above the black 200 EMA; historically, this technical crossover signals the end of midterm bearish phases and frequently precedes times of faster price growth.

XRP/USDT Chart by TradingViewAfter a few days of consolidation, the breakout occurred just below the resistance, suggesting that buyers were progressively absorbing selling pressure. There is still a lot of opportunity for growth before the asset reaches overbought territory because the RSI is currently close to the neutral 50 zone. A prerequisite for maintaining this upward momentum is a gradual increase in market participation, which is indicated by volume patterns that are beginning to show indications of expansion.

HOT Stories

Why 200 EMA was important The next significant targets are close to $2.77 and $3.00, the latter of which is a psychological and structural resistance level that may dictate the overall trend for the remainder of Q4, if XRP is able to maintain above $2.55-$2.60. After a protracted period of uncertainty, a successful weekly close above the 200 EMA could serve as a springboard toward these higher ranges, indicating a return of investor confidence.

That being said, traders should anticipate a retest of lower supports around $2.40 if the breakout fails and XRP drops back below $2.55. As of right now, however, the overall situation is in favor of the bulls. XRP has successfully broken through its most significant 2025 resistance, paving the way for the subsequent leg of its eagerly anticipated recovery rally.

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October 27, 2025 05:54 ET

 | Source:

BNP Paribas Primary New Issues

27/10/2025

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

GRUPPO SAN DONATO

Post-stabilisation Period Announcement

NO STABILISATION CARRIED OUT

[Further to the pre-stabilisation period announcement dated 16/10/25 BNP Paribas (contact: Stanford Hartman telephone: 0207 595 8222) hereby gives notice that no stabilisation (within the meaning of Article 3.2(d) of the Market Abuse Regulation (EU/596/2014)) was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.

Securities

Issuer:GRUPPO SAN DONATO S.P.A.Guarantor(s) (if any):N/AAggregate nominal amount:800.000.000 EURDescription:6.5% SENIOR SECURED NOTES DUE 2031Offer price:100 Stabilisation Manager(s)

Name(s):BNP PARIBAS, INTESA, UNICREDIT, BANCA AKROS, BPER CIB This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:

American Eagle Outfitters (AEO - Free Report) : This company, which is a specialty retailer of casual apparel, accessories and footwear for men and women, has seen the Zacks Consensus Estimate for its current year earnings increasing 42.3% over the last 60 day.

Capital One Financial (COF - Free Report) : This company, which offers a wide range of financial products and services to consumers, small businesses, and commercial clients across the United States through its banking and non-banking subsidiaries, has seen the Zacks Consensus Estimate for its current year earnings increasing 13.4% over the last 60 days.

General Motors (GM - Free Report) : This company, which is one of the world’s largest automakers, has seen the Zacks Consensus Estimate for its current year earnings increasing 7% over the last 60 days.

Crescent Energy Company (CRGY - Free Report) : This independent oil and natural gas company which acquires, explores, develops, exploits and produces crude oil and natural gas properties, has seen the Zacks Consensus Estimate for its current year earnings increasing 5.7% over the last 60 days.

Pebblebrook Hotel Trust (PEB - Free Report) : This internally managed hotel investment company which acquires and invests in hotel properties located primarily in large United States cities with an emphasis on the major coastal markets, has seen the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Combined Company Will Serve 4.7 Million Water and Wastewater Connections Across 17 States; Combined Water and Wastewater Rate Base of Approximately $29.3 Billion

Increases Scale, Geographic Diversity and Customer-Centric Capabilities to Deliver Best-in-Class Service to Existing and Future Customers

Merger Expected to be Accretive to American Water’s EPS in the First Year Following the Close of Transaction

American Water Expects to Maintain 7-9% Long-term EPS and DPS Growth Targets

Combined Operations to Provide Greater Long-Term Growth Opportunities for Employees

Companies to Host Joint Conference Call Today at 8:30 a.m. ET

CAMDEN, N.J. & BRYN MAWR, Pa.--(BUSINESS WIRE)--American Water Works Company, Inc. (NYSE: AWK) (“American Water”) and Essential Utilities, Inc. (NYSE: WTRG) (“Essential”) today announced that each company’s board of directors has unanimously approved a definitive agreement to combine in an all-stock, tax-free merger as a leading regulated U.S. water and wastewater public utility with a pro forma market capitalization of approximately $40 billion and a combined enterprise value of approximately $63 billion, based on closing stock prices as of October 24, 2025.

American Water President and Chief Executive Officer, John C. Griffith said, “This combination brings together two industry leaders united by our shared mission to provide safe, clean, reliable and affordable water and wastewater services to our customers. By joining forces with Essential, the combined company’s enhanced scale and operational efficiency will support continued investment in our critical infrastructure, enabling us to continue providing superior customer service at affordable rates. We look forward to bringing together the talented teams of both companies to help solve the many water and wastewater challenges across the country and expand our customer base.”

Essential Chairman and Chief Executive Officer, Christopher H. Franklin said, “Throughout Essential’s nearly 140-year history, we have consistently led with purpose to shape a future rooted in sustainability, innovation, resilience and best-in-class service for our customers. We are confident that the combined company will build upon our longstanding track record of delivering safe and reliable services and be better positioned to solve today’s challenges while creating a sustainable future. Together, we will have expertise, financial strength and regulatory credibility to continuously improve our infrastructure and meet the evolving needs of our customers. American Water and Essential will continue to enable our communities to thrive.”

Under the terms of the agreement, Essential shareholders will receive 0.305 shares of American Water for each share of Essential they own at the closing of the transaction. This exchange ratio implies a premium of approximately 10% to Essential shareholders based on the average of the daily volume weighted average price of each company’s common stock over the 60-trading-day period ending October 24, 2025. Upon completion of the merger, American Water shareholders will own approximately 69% and Essential shareholders will own approximately 31% of the combined company on a fully diluted basis.

Combination Provides Expansive Benefits to Key Stakeholders

Advances shared mission of delivering essential utility services. Providing safe, clean, reliable and affordable water and wastewater services will be of the utmost importance to the combined company. Management will continue to work closely with the EPA and federal, state and local officials to deliver the quality of water that customers have come to expect from American Water and Essential, while also adhering to safety and sustainability best practices.

Delivers attractive, long-term capital investment profile with ability to provide increased solutions to water and wastewater challenges across an expanded footprint. American Water expects to maintain its long-term rate base growth target of 8-9% upon the closing of the merger, positioning the company to continue to provide high quality service to customers. The combined company will continue to allocate capital to infrastructure renewal, resiliency, water quality, technology and growth projects.

Upholds commitments to employees and provides greater long-term opportunities. The combined company unites two highly skilled and experienced teams in the regulated utility space, with a greater ability to attract, develop and retain employees and create long-term opportunities for career growth. The combined company does not anticipate material changes to employee compensation or benefits as a result of the transaction. Both companies value their union partnerships, and all union contracts will continue to be honored in accordance with their current terms.

Strengthens commitment to communities, including water affordability. The combined company will remain an active member in the communities it serves, supporting customers and stakeholders with a dedicated workforce and passionate employee base. American Water and Essential each have a strong history of charitable giving, which will remain central to the combined organization. There will be no change in customer rates as a result of the merger, and American Water and Essential will be better able to maintain an average customer water bill that is affordable, supporting the economic prosperity of the more than 2,000 communities in which the combined company will operate.

Transformative Merger Driven by Compelling Strategic, Customer and Financial Rationale

Bolsters significant regulated water and wastewater utility providers. The combined company would have a water and wastewater rate base of approximately $29.3 billion1 as of the end of 2024, with approximately 4.7 million water/wastewater connections across 17 states and on 18 military installations. With a larger footprint and customer base as well as increased geographic diversity, the combined company will be well positioned to deliver operational leverage, better customer service and broader customer reach.

Supports long-term EPS and DPS growth of 7-9% for combined company. The transaction is expected to be accretive to American Water’s earnings per share in the first year following close, and the combined company expects to maintain American Water’s 7-9% earnings per share and dividend growth targets post close. Subject to market conditions and board approval, the parties expect the combined company to adopt American Water’s current dividend policy and payout target range. Both companies expect to maintain their existing dividend policies until the transaction is completed.

Creates a more resilient utility with improved credit quality and a strong balance sheet. The credit profile and metrics of the combined company are expected to remain strong, benefiting from diversified service territories and regulatory exposure, and a broader customer and revenue base. As a large-cap, regulated utility, the combined company will continue to have ready access to the equity capital markets. There is no debt issuance related to the transaction.

Includes an industry leading natural gas (LDC) utility that provides optionality to the combined company. Peoples Natural Gas is growing its rate base at a rate that exceeds 10% annually. In the five years since Essential has owned the company, it has doubled its rate base and substantially improved its risk profile. The Peoples regulated subsidiaries provided natural gas services to approximately 705,000 customers in western Pennsylvania and an additional approximately 41,000 in Kentucky as of the end of 2024.

Leadership, Board of Directors, Headquarters, Combined Company Name

Upon closing of the transaction, Mr. Griffith will serve as President and Chief Executive Officer of the combined company, and Mr. Franklin will serve as Executive Vice Chair of the board of directors of the combined company. Mr. Franklin will also serve as executive sponsor of the integration task force. David Bowler, American Water Executive Vice President and CFO, will serve as Executive Vice President and Chief Financial Officer, and all existing executive team members of American Water who report to the CEO will continue to do so post-close. Additionally, Daniel Schuller, Essential Executive Vice President and CFO, will serve as Executive Vice President and Chief Strategy Officer; Colleen Arnold, President of Essential Aqua Water, will serve as President, Regulated Operations; and Michael Huwar, President of Peoples Natural Gas, will remain President and continue to lead the natural gas business.

The combined company’s 15-member board of directors will include the 10 directors serving on American Water’s board of directors prior to the closing of the transaction, including Mr. Griffith, and five directors designated by Essential, including Mr. Franklin. Karl Kurz, independent Chair of the American Water board of directors, will continue to serve in such role after the closing of the transaction.

The combined company will be headquartered in Camden, New Jersey and Essential’s Bryn Mawr and Pittsburgh offices will each continue to maintain a strong operational presence long term. The combined company will continue to use the name “American Water.”

Non-Water and Non-Wastewater Businesses

Upon closing of the transaction, American Water plans to conduct a review of strategic alternatives for its non-water and non-wastewater businesses. No assurance can be given that any transaction or other strategic outcomes would result from the review.

Timing to Close and Approvals

The transaction is expected to close by the end of the first quarter of 2027, subject to customary closing conditions, including, among others, approval from each company’s shareholders, clearance under the Hart-Scott-Rodino Act, and regulatory approvals, including approval from the applicable public utility commissions.

Advisors

BofA Securities is serving as exclusive financial advisor to American Water, and Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal advisor.

Moelis & Company LLC is serving as exclusive financial advisor to Essential, and Gibson, Dunn & Crutcher LLP is serving as legal advisor.

Joele Frank, Wilkinson Brimmer Katcher is serving as strategic communications advisor for both companies.

Conference Call Information

American Water and Essential will hold a joint conference call and audio webcast today at 8:30 a.m. ET to discuss the transaction.

To access the listen-only webcast and view presentation slides, please register at https://event.choruscall.com/mediaframe/webcast.html?webcastid=1LoK8iWf. At the conclusion of the call, a replay of the broadcast will be available at this link and at American Water’s and Essential’s investor relations websites for up to one year.

The live broadcast and associated presentation materials will also be available on the investor relations section of each company’s website at ir.amwater.com and essential.co/investor-relations, as well as at www.AmericanWaterEssentialUtilitiesMerger.com, a new joint website dedicated to the merger.

American Water and Essential Third Quarter 2025 Earnings Results

American Water expects to release its financial results for the third quarter of 2025 after the market closes on October 29, 2025. Presentation slides and accompanying remarks reviewing third quarter results, 2026 earnings guidance, and long-term financial targets will be posted to American Water’s investor relations website after-market on October 29, 2025.

Essential expects to release its financial results for the third quarter of 2025 following the market close on November 4, 2025. Essential will post webcast remarks and associated materials on November 5, 2025 at 9 a.m. ET.

In light of the transaction announcement, both companies will not host earnings calls or associated question and answer sessions this quarter. Both companies expect to resume their typical earnings conference calls in 2026.

About American Water

American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water's 6,700 talented professionals leverage their significant expertise and the company’s national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.

About Essential

Essential Utilities, Inc. (NYSE: WTRG) delivers safe, clean, reliable services that improve quality of life for individuals, families, and entire communities. With a focus on water, wastewater and natural gas, Essential is committed to sustainable growth, operational excellence, a superior customer experience, and premier employer status. We are advocates for the communities we serve and are dedicated stewards of natural lands, protecting thousands of acres of forests and other habitats throughout our footprint.

Operating as the Aqua and Peoples brands, Essential serves approximately 5.5 million people across nine states. Essential is one of the most significant publicly traded water, wastewater service and natural gas providers in the U.S. Learn more at www.essential.co.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements included in this communication are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In some cases, these forward-looking statements can be identified by words with prospective meanings such as “intend,” “plan,” “estimate,” “believe,” “anticipate,” “expect,” “predict,” “project,” “propose,” “assume,” “forecast,” “outlook,” “future,” “pending,” “goal,” “objective,” “potential,” “continue,” “seek to,” “may,” “can,” “will,” “should” and “could,” or the negative of such terms or other variations or similar expressions. Forward-looking statements may relate to, among other things: statements about the benefits of the proposed merger, including future financial and operating results; the parties’ respective plans, objectives, expectations and intentions; the expected timing and likelihood of completion of the merger and related transactions; the results of any strategic review; expected synergies of the proposed merger; the timing and result of various regulatory proceedings related to the proposed merger, and other general rate cases, filings for infrastructure surcharges and other governmental agency authorizations and proceedings, and filings to address regulatory lag; the combined company’s ability to execute its current and long-term business, operational, capital expenditures and growth plans and strategies; the amount, allocation and timing of projected capital expenditures and related funding requirements; the future impacts of increased or increasing transaction and financing costs associated with the proposed merger or otherwise, as well as inflation and interest rates; each party’s ability to finance current and projected operations, capital expenditure needs and growth initiatives by accessing the debt and equity capital markets and sources of short-term liquidity; impacts of the proposed merger on the future settlement or settlements of a party’s forward sale agreements, including potential adjustments to the forward sale price or other economic terms thereunder, and the amount of and the intended use of net proceeds from any such future settlement or settlements; the outcome and impact on other governmental and regulatory investigations; the filing of class action lawsuits and other litigation and legal proceedings related to the proposed merger; the ability to complete, and the timing and efficacy of, the design, development, implementation and improvement of technology and other strategic initiatives; each party’s ability to comply with new and changing environmental regulations; regulatory, legislative, tax policy or legal developments; and impacts that future significant tax legislation may have on each such party and on its business, results of operations, cash flows and liquidity.

These forward-looking statements are predictions based on currently available information, the parties’ current respective expectations and assumptions regarding future events that American Water Works Company, Inc. (“American Water”) and Essential Utilities, Inc. (“Essential Utilities”) believe to be reasonable. They are not, however, guarantees or assurances of any outcomes, performance or achievements, and readers are cautioned not to place undue reliance upon them. You should not regard any forward-looking statement as a representation or warranty by American Water, Essential Utilities or any other person that the expectation, plan or objective expressed in such forward-looking statement will be successfully achieved in any specified time frame, or at all. The forward-looking statements are subject to a number of estimates and assumptions, and known and unknown risks, uncertainties and other factors. Actual results may differ materially from those discussed in the forward-looking statements included in this communication as a result of the factors discussed in American Water’s Annual Report on Form 10-K for the year ended December 31, 2024, as filed with the Securities and Exchange Commission (the “SEC”) on February 19, 2025 (available at: ir.amwater.com), Essential Utilities’ Annual Report on Form 10-K for the year ended December 31, 2024, as filed with the SEC on February 27, 2025 (available at: essential.co), and each party’s other filings with the SEC, and additional risks and uncertainties, including with respect to (1) the parties’ ability to consummate the proposed merger pursuant to the terms of the definitive merger agreement or at all; (2) the ability to timely or at all obtain the requisite shareholder approvals with respect to each party; (3) each party’s requirement to obtain required governmental and regulatory approvals required for the proposed merger (and/or that such approvals may result in the imposition of burdensome or commercially undesirable conditions, including required dispositions, that could adversely affect the combined company or the expected benefits of the proposed merger); (4) an event, change or other circumstance that could give rise to the termination of the merger agreement; (5) the failure to satisfy or waive a condition to closing of the proposed merger on a timely basis or at all; (6) a delay in the timing to consummate the proposed merger; (7) the failure to integrate the parties’ businesses successfully; (8) the failure to fully realize cost savings and any other synergies from the proposed merger or that such benefits may take longer to realize than expected; (9) negative or adverse impacts of the announcement of the proposed merger on the market price of American Water’s or Essential Utilities’ common stock; (10) the risk of litigation related to the proposed merger; (11) disruption from the proposed merger making it more difficult to maintain relationships with customers, employees, contractors, suppliers, regulators, vendors, elected officials, governmental agencies, or other stakeholders; (12) the diversion of each party’s management’s time and attention from operations of such party; (13) the challenging macroeconomic environment, including disruptions in the water and wastewater utility industries; (14) the ability of each party to manage its respective existing operations and financing arrangements on favorable terms or at all, including with respect to future capital expenditures and investments, operation and maintenance costs; (15) changes in environmental laws and regulations regarding each party’s respective operations that may adversely impact such party’s businesses or increase the cost of operations; (16) changes in each party’s key management and personnel; (17) changes in tax laws that could adversely affect beneficial tax treatment of the proposed merger; (18) regulatory, legislative, local or municipal actions affecting the water and wastewater industries, which could adversely affect the parties’ respective utility subsidiaries; and (19) other economic, business and other factors, including inflation and interest rate fluctuations. The foregoing factors should not be construed as exhaustive.

These forward-looking statements are qualified by, and should be read together with, the risks and uncertainties set forth above and the risk factors included in American Water’s and Essential Utilities’ respective annual and quarterly reports as filed with the SEC, and readers should refer to such risks, uncertainties and risk factors in evaluating such forward-looking statements. Any forward-looking statements speak only as of the date this communication is first used or given. Neither American Water nor Essential Utilities has any obligation or intention to update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances or otherwise, except as otherwise required by the federal securities laws. New factors emerge from time to time, and it is not possible for American Water or Essential Utilities to predict all such factors. Furthermore, it may not be possible to assess the impact of any such factor on American Water’s or Essential Utilities’ businesses, viewed independently or together, or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement.

Important Additional Information about the Proposed Merger and Where to Find It

In connection with the proposed merger, American Water will file a registration statement on Form S-4, which will include a document that serves as a prospectus of American Water with respect to the shares of American Water’s common stock to be issued in the proposed merger and a joint proxy statement of American Water and Essential Utilities for their respective shareholders (the “joint proxy statement/prospectus”), and each party will file other documents regarding the proposed merger with the SEC. This communication is not a substitute for the registration statement, the joint proxy statement/prospectus or any other document that American Water or Essential Utilities may file with the SEC or mail to their respective shareholders in connection with the proposed merger. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS AND SECURITY HOLDERS OF EACH PARTY ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THE REGISTRATION STATEMENT, THE JOINT PROXY STATEMENT/PROSPECTUS, ANY AMENDMENTS OR SUPPLEMENTS THERETO AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC OR INCORPORATED BY REFERENCE INTO THE REGISTRATION STATEMENT AND JOINT PROXY STATEMENT/PROSPECTUS WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. A definitive joint proxy statement/prospectus will be sent to American Water’s and Essential Utilities’ shareholders. Investors and security holders will be able to obtain the registration statement, the joint proxy statement/prospectus and the other documents filed regarding the proposed merger free of charge from the SEC’s website or from American Water or Essential Utilities. The documents filed by American Water with the SEC may be obtained free of charge at American Water’s investor relations website at ir.amwater.com or at the SEC’s website at www.sec.gov. The documents filed by Essential Utilities with the SEC may be obtained free of charge at Essential Utilities website at essential.co or at the SEC’s website at www.sec.gov. The information included on, or accessible through, American Water’s or Essential Utilities’ respective websites is not incorporated by reference into, and does not form a part of, this communication.

Participants in the Solicitation

American Water, Essential Utilities and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from American Water’s and Essential Utilities’ respective shareholders in connection with the proposed merger. Information about the directors and executive officers of American Water, including a description of their direct or indirect interests, by security holdings or otherwise, is set forth in American Water’s definitive proxy statement for its 2025 Annual Meeting of Shareholders, which was filed with the SEC on March 27, 2025, including under the headings “Compensation Discussion and Analysis,” “Director Compensation,” “Equity Compensation Plan Information,” and “Certain Beneficial Ownership Matters.” To the extent holdings of American Water’s common stock by the directors and executive officers of American Water have changed or do change from the amounts of American Water’s common stock held by such persons as reflected therein, such changes have been or will be reflected on Initial Statements of Beneficial Ownership of Securities on Form 3 (“Form 3”), Statements of Changes in Beneficial Ownership on Form 4 (“Form 4”) or Annual Statements of Changes in Beneficial Ownership of Securities on Form 5 (“Form 5”), in each case filed with the SEC. Information about the directors and executive officers of Essential Utilities, including a description of their direct or indirect interests, by security holdings or otherwise, is set forth in Essential Utilities’ definitive proxy statement for its 2025 Annual Meeting of Shareholders, which was filed with the SEC on March 25, 2025, including under the headings “Director Compensation” and “Compensation Discussion and Analysis.” To the extent holdings of Essential Utilities’ common stock by the directors and executive officers of Essential Utilities have changed or do change from the amounts of Essential Utilities’ common stock held by such persons as reflected therein, such changes have been or will be reflected on Forms 3, Forms 4 or Forms 5, in each case filed with the SEC. Additionally, information regarding the respective directors and executive officers of American Water and Essential Utilities and other participants in each respective proxy solicitation and a description of their direct and indirect interests in the proposed merger, by security holdings or otherwise, will be contained in the registration statement and joint proxy statement/prospectus and other relevant materials to be filed with the SEC regarding the proposed merger when such materials become available. Investors and security holders should read the registration statement and joint proxy statement/prospectus carefully when it becomes available before making any voting or investment decisions. Investors may obtain free copies of these documents from American Water and Essential Utilities as indicated above.

No Offer or Solicitation

This communication is for informational purposes and is not intended to, and shall not, constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote for approval, nor shall there be any offer or sale of securities or solicitation of any vote or approval in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

GOUVERNEUR, N.Y., Oct. 27, 2025 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX: TI; OTCQB: TIMCF) (“Titan” or the “Company”), an existing zinc concentrate producer in upstate New York and an emerging natural flake graphite producer, a key component in the broader rare earths and critical minerals ecosystem, today announced that it is advancing rapidly toward listing on the NYSE American, with required administrative steps now well underway.

In connection with the listing, Titan’s Board has approved a consolidation on the basis of one new Common Share for every 1.5 existing Common Shares (the “Consolidation”), subject to approval of the Toronto Stock Exchange (the “TSX”).

The Consolidation is being undertaken solely to align Titan with typical U.S. market standards. It will not affect any shareholder’s proportionate ownership of Titan. Following the Consolidation, final approval of the NYSE American, and the filing effectiveness of the Company’s Form 40-F registration statement with the United States Securities and Exchange Commission, Titan expects its Common Shares to begin trading on the NYSE American under the symbol “TII”. Trading on the OTCQB under the symbol “TIMCF” will continue until the commencement of trading on the NYSE American. Trading on the TSX will continue under the symbol “TI”.

Further details regarding the Consolidation will be made available in the coming days.

Rita Adiani, President and Chief Executive Officer, commented:

“Securing NYSE American pre-clearance is a key milestone in Titan’s growth trajectory. We look forward to expanding our U.S. investor base as we advance development of a leading U.S.-focused critical-materials platform anchored in New York State.”

About Titan Mining Corporation

Titan is an Augusta Group company which produces zinc concentrate at its 100%-owned Empire State Mine located in New York state. Titan is also an emerging natural flake graphite producer and targeting to be the USA’s first end to end producer of natural flake graphite in 70 years. Titan’s goal is to deliver shareholder value through operational excellence, development and exploration. We have a strong commitment towards developing critical minerals assets which enhance the security of the domestic supply chain. For more information on the Company, please visit our website at www.titanminingcorp.com

Media & Investor Contact

Irina Kuznetsova
Director, Investor Relations
Phone: (778) 870-7735
Email: [email protected]

Cautionary Note Regarding Forward-Looking Information

Certain statements and information contained in this new release constitute "forward-looking statements", and "forward-looking information" within the meaning of applicable securities laws (collectively, "forward-looking statements"). These statements appear in a number of places in this news release and include statements regarding our intent, or the beliefs or current expectations of our officers and directors, including completing the Consolidation and the terms thereof; details of the Consolidation being made available in the coming days; listing and trading on the NYSE American; future trading symbols; expanding our U.S. investor base; and future advancement of a leading U.S.-focused critical-materials platform anchored in New York State. When used in this news release words such as “to be”, "will", "planned", "expected", "potential", and similar expressions are intended to identify these forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since the Company can give no assurance that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to vary materially from those anticipated in such forward-looking statements, including risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of zinc and graphite; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in New York State; risks due to legal proceedings; risks that the Company will not qualify for NYSE American listing; financing approval risks; and risks related to operation of mining projects generally and the risks, uncertainties and other factors identified in the Company's periodic filings with Canadian securities regulators. Such forward-looking statements are based on various assumptions, including assumptions made with regard to our forecasts and expected cash flows; our projected capital and operating costs; our expectations regarding mining and metallurgical recoveries; mine life and production rates; that laws or regulations impacting mining activities will remain consistent; our approved business plans; our mineral resource estimates and results of our technical studies; our experience with regulators; political and social support of the mining industry in New York State; our experience and knowledge of the New York State mining industry and our expectations of economic conditions and the price of zinc and graphite; demand for graphite; exploration results; the ability to secure adequate financing (as needed); the Company maintaining its current strategy and objectives; assumptions that the Company will qualify for NYSE American listing; assumptions that the Company and EXIM will agree to financing terms; and the Company’s ability to achieve its growth objectives. While the Company considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Except as required by applicable law, we assume no obligation to update or to publicly announce the results of any change to any forward-looking statement contained herein to reflect actual results, future events or developments, changes in assumptions or changes in other factors affecting the forward-looking statements. If we update any one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. You should not place undue importance on forward-looking statements and should not rely upon these statements as of any other date. All forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.