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6 minutes ago

Pump.fun has acquired the Padre trading terminal to strengthen token liquidity as Solana’s memecoin market cools from its 2024 highs.

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Solana-based memecoin launchpad Pump.fun has acquired the Padre trading terminal for an undisclosed amount, signaling the network’s continued expansion into a sector that has cooled significantly since its peak craze in 2024.

Pump.fun announced the acquisition on X on Friday but did not disclose financial details. The company said the move aims to enhance liquidity for tokens on its platform, noting that trading terminals are key to driving higher trading volumes. 

Pump.fun described Padre as offering a strong user experience, cashback rewards, competitive fees and dedicated trader support.

Source: Pump.funPadre is a multichain trading terminal, though it is primarily positioned as a memecoin trading platform. It supports trading across Ethereum, Solana, BNB Chain and Base.

Pump.fun remains the largest launchpad for memecoins on Solana, accounting for roughly 44% of market share, according to Jupiter data. However, that figure is down from a peak of around 75%.

Solana memecoin launchpad market share. Source: JupiterMemecoin craze fadesThe acquisition comes as Pump.fun works to maintain its dominance in a memecoin market that has cooled significantly from its peak in 2024 and early 2025. As Cointelegraph recently reported, the platform’s monthly revenue in July dropped below $25 million — an 80% decline from its January peak.

Although revenue recovered somewhat in August and September, it remains well below levels seen at the end of 2024, according to data from DefiLlama.

Meanwhile, CoinMarketCap data shows that the overall memecoin market capitalization has fallen by more than 21% over the past 30 days. The sector was hit especially hard by the Oct. 10 market crash, which triggered a historic liquidation of leveraged positions across the crypto sector.

Fri, 24/10/2025 - 15:52

World Liberty Financial (WLFI) and Aster (ASTER), two cryptos associated with Binance founder CZ, are on fire after his surprising pardon.

Cover image via www.freepik.com

As the crypto community discusses the decision of U.S. President Donald Trump to pardon Binance (BNB) founder Changpeng Zhao, known colloquially as CZ, some altcoins associated with this historic step are surging in price.

WLFI, ASTER amid top gainers as U.S. president pardons CZWorld Liberty Financial (WLFI), a cryptocurrency of the eponymous platform backing USD1 stablecoin, is up by 12% today. In the last 24 hours, WLFI is the third-fastest growing cryptocurrency in the top 100. WLFI's price hit a local high around $0.14.

Image by CoinGeckoThe price of WLFI jumped after the U.S. president's announcement that he decided to pardon Binance (BNB) founder CZ. While both Binance and CZ deny all formal associations with WLFI, the largest exchange was the first major trading platform to list WLFI in September.

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Also, the price of Aster (ASTER), a core native cryptocurrency of the no-KYC on-chain perps trading platform, spiked from $0.94 to $1.13 in almost no time. 

The ASTER price, as such, added 20%. The exchange was supported by Binance's CZ from the first public release, and, thanks to this public introduction managed to siphon the share of Hyperliquid's traders and liquidity.

Other excellent performers include ChainOpera AI (COAI), which is in the spotlight with its 33.5% rally; Zcash (ZEC), which is up by 9.8%, and Solana's top-tier platforms Jupiter (JUP) and Pump.fun (PUMP).

Binance's crypto BNB also outperforms marketBNB, a core native cryptocurrency of the Binance ecosystem, spiked from $1,060 to $1,140, adding 7.5% overnight. By press time, the price of BNB slightly stabilized around $1,107, up 4% in 24 hours.

As covered by U.Today previously, Binance founder CZ was pardoned yesterday, on Oct. 23, 2025. This step was announced as yet another attempt to end the "war on crypto" associated with the previous U.S. administration.

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As CZ has already been released from jail after having pleaded guilty to a criminal money laundering charge and spending four months behind bars, the only practical consequence of the pardon is that he can now get back to the leadership of Binance (BNB).

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Hedera’s token faces selling pressure after a failed breakout near $0.1716, with technical patterns signaling potential institutional distribution.Updated Oct 24, 2025, 3:54 p.m. Published Oct 24, 2025, 3:54 p.m.

Hedera’s HBAR token slipped 1.7% over the past 24 hours, retreating from $0.1669 to $0.1697 after a failed breakout attempt above key resistance. The move unfolded within a volatile $0.0089 range, reflecting 5.2% intraday swings as buyers struggled to maintain momentum.

Early support at the $0.1633 base held briefly before the token’s ascending trendline gave way, signaling weakening bullish structure.

The decisive shift came around 13:00 UTC, when trading volume surged to 109.46 million tokens—87% above the 24-hour average—coinciding with a rejection near the $0.1716 resistance level. That spike marked the start of sustained selling pressure, with a subsequent 4.72 million-token surge at 13:39 confirming a clean breakdown below $0.170 support.

Technical signals now point to a developing distribution phase rather than a short-term dip. Repeated failed rebounds, declining highs, and volume-driven breakdowns suggest institutional selling may be driving the move, contrasting with typical retail volatility patterns.

A brief three-minute trading halt between 14:14 and 14:17 UTC, during which no volume was recorded, added to uncertainty. How trading resumes around this pause will help determine whether HBAR’s bearish bias deepens or stabilizes if liquidity returns.

HBAR/USD (TradingView)

Technical analysisSupport/Resistance:

Primary resistance holds at $0.1716, following strong rejection on heavy volume.Ascending trendline support was broken at $0.170 during a sharp afternoon selloff.Base support remains at $0.1633, established from overnight session lows.Volume Analysis:

Peak volume surged to 109.46M tokens, which is 87% above the 58.5M SMA, confirming distribution.A critical breakdown volume spike to 4.72M at 13:39 validated the technical failure.Volume contraction into the close suggests exhausted buying pressure.Chart Patterns:

The ascending channel pattern failed with a rejected breakout attempt above $0.171.Multiple higher lows from the $0.1633 base were invalidated by the trendline violation.Distribution characteristics emerged through declining highs and failed rebounds.Targets & Risk/Reward:

Immediate downside target is toward the $0.1633 support base following the breakdown.Risk management should remain above $0.1716 resistance for short-term bearish positioning.Trading halt resumption patterns are critical for confirming directional momentum.Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

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Crypto Exchange Gemini Gets Price Target Cut at Citi, While Bullish Earns Hike

Gemini’s trading growth is slowing despite strong card sign-ups and app downloads, said Citigroup, while Bullish momentum is accelerating.

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Citigroup cuts its price target on neutral-rated Gemini, while lifting its outlook on buy-rated Bullish.Gemini's exchange growth will take longer, with Oct. volumes lagging expectations despite strong card sign-ups and app downloads, said bank's analyst team.Bullish's New York BitLicense approval and expanding institutional access are signs of growing momentum.Read full story

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A new Bitcoin Improvement Proposal titled “Chain Code Delegation for Private Collaborative Custody” has been opened on the Bitcoin BIPs repository, targeting a long-standing privacy leak in multisig collaborations that rely on shared extended public keys.

The technique, authored by Bitkey engineers and collaborators, with a public explainer from Bitkey, proposes withholding BIP32 chain codes from non-privileged participants so that cosigners can help with recovery and policy enforcement without gaining sweeping visibility into a user’s balances and transaction history. Bitkey says it plans to implement the scheme first if it becomes an accepted standard.

How The BIP Enhances Bitcoin Privacy
The crux of the privacy problem is well known to wallet engineers and custodial partners: in typical collaborative or assisted multisig, the cosigner is handed an xpub plus chain code, which lets them deterministically derive the addresses in a user’s wallet and, by scanning the blockchain, infer balances and flows.

Bitkey’s post frames the status quo plainly: sharing a key with a third party has “traditionally meant giving that party visibility into a user’s wallet balance and transaction history.” The new approach, they argue, “aims to remove that tradeoff” by withholding chain codes entirely and revealing only what is minimally necessary at spend time.

The proposed BIP’s abstract is crisp about the change in trust boundaries: “We propose a new BIP for Chain Code Delegation, a collaborative custody technique that involves privileged participants (delegatee) withholding BIP32 chain codes at key setup time from a delegator, and sharing only enough information for non-privileged participants to provide their signature.”

In the non-blinded flow, “the delegatee derives a per-spend scalar tweak t from the (withheld) chain code, the delegator computes the child key (x+t, P+tG), and produces a standard signature over the transaction’s sighash.” The blinded flow layers Schnorr blind signing on top so that the cosigner remains oblivious to the final message while still enforcing the per-spend tweak, leveraging the linearity of Schnorr for correctness.

Functionally, the technique narrows what a cosigner can learn and when. Rather than permanent, global observability over all derived addresses, the cosigner only sees per-spend data as needed. The Bitkey explainer translates this into a user-facing promise: cosigners can assist with recovery or spend policies “without learning anything about unrelated transactions or overall balances.”

If widely adopted, that shift would make collaborative custody wallets more comparable to DIY multisig on privacy, while preserving the operational benefits that have made assisted models attractive to mainstream and enterprise users.

The design has been incubating in the open. A technical discussion thread on Delving Bitcoin over the summer summarized two key benefits that extend beyond privacy: limiting the “security blast radius” because, without the chain code or undisclosed tweaks, a custodian’s key is effectively unspendable for UTXOs they haven’t been explicitly delegated for; and tightly scoping what gets revealed at the moment of spend, often just before those outputs are consumed. That thread foreshadowed the BIP now filed and offers useful context for reviewers tracing how the proposal hardened through feedback.

Bitkey positions itself as the first mover on implementation once the standard is vetted. “Bitkey plans to be the first to implement Chain Code Delegation in production,” the company wrote, arguing that it will enable “a private collaborative wallet—something that hasn’t been possible until now.” The explicit intention is for the technique to be an “open, community-vetted standard that any wallet or custody provider can adopt,” not a vendor-locked feature.

Prominent industry accounts amplified the announcement on X. Principal executive officer and chairman of Block, Inc Jack Dorsey highlighted Bitkey’s focus on pushing privacy improvements from product to protocol.

At press time, Bitcoin traded at $111,398.

Bitcoin faces the EMA20 and EMA50, 1-day chart | Source: BTCUSDT on TradingView.com
Featured image created with DALL.E, 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.

AbbVie (ABBV - Free Report) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The earnings report, which is expected to be released on October 31, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis drugmaker is expected to post quarterly earnings of $1.79 per share in its upcoming report, which represents a year-over-year change of -40.3%.

Revenues are expected to be $15.59 billion, up 7.8% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.61% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for AbbVie?For AbbVie, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.

On the other hand, the stock currently carries a Zacks Rank of #4.

So, this combination makes it difficult to conclusively predict that AbbVie will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that AbbVie would post earnings of $2.89 per share when it actually produced earnings of $2.97, delivering a surprise of +2.77%.

Over the last four quarters, the company has beaten consensus EPS estimates four times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

AbbVie doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Expected Results of an Industry PlayerAnother stock from the Zacks Large Cap Pharmaceuticals industry, AbbVie (ABBV - Free Report) , is soon expected to post earnings of $1.79 per share for the quarter ended September 2025. This estimate indicates a year-over-year change of -40.3%. Revenues for the quarter are expected to be $15.59 billion, up 7.8% from the year-ago quarter.

The consensus EPS estimate for AbbVie has been revised 0.6% higher over the last 30 days to the current level. However, an equal Most Accurate Estimate has resulted in an Earnings ESP of 0%.

When combined with a Zacks Rank of #4 (Sell), this Earnings ESP makes it difficult to conclusively predict that AbbVie will beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Agco (AGCO - Free Report) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended September 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 31. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis farm equipment maker is expected to post quarterly earnings of $1.26 per share in its upcoming report, which represents a year-over-year change of +85.3%.

Revenues are expected to be $2.48 billion, down 4.5% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 2% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Agco?For Agco, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +13.23%.

On the other hand, the stock currently carries a Zacks Rank of #4.

So, this combination makes it difficult to conclusively predict that Agco will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Agco would post earnings of $1.06 per share when it actually produced earnings of $1.35, delivering a surprise of +27.36%.

Over the last four quarters, the company has beaten consensus EPS estimates three times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Agco doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Exxon Mobil (XOM - Free Report) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The earnings report, which is expected to be released on October 31, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis oil and natural gas company is expected to post quarterly earnings of $1.78 per share in its upcoming report, which represents a year-over-year change of -7.3%.

Revenues are expected to be $86.77 billion, down 3.6% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.49% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Exxon?For Exxon, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.17%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination makes it difficult to conclusively predict that Exxon will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Exxon would post earnings of $1.49 per share when it actually produced earnings of $1.64, delivering a surprise of +10.07%.

Over the last four quarters, the company has beaten consensus EPS estimates four times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Exxon doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Wall Street expects a year-over-year increase in earnings on lower revenues when Oil States International (OIS - Free Report) reports results for the quarter ended September 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The earnings report, which is expected to be released on October 31, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis energy services company is expected to post quarterly earnings of $0.10 per share in its upcoming report, which represents a year-over-year change of +150%.

Revenues are expected to be $167.52 million, down 3.9% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 5.71% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Oil States International?For Oil States International, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -10.00%.

On the other hand, the stock currently carries a Zacks Rank of #4.

So, this combination makes it difficult to conclusively predict that Oil States International will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Oil States International would post earnings of $0.09 per share when it actually produced earnings of $0.09, delivering no surprise.

Over the last four quarters, the company has beaten consensus EPS estimates two times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Oil States International doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

An Industry Player's Expected ResultsAmong the stocks in the Zacks Oil and Gas - Mechanical and and Equipment industry, Nov Inc. (NOV - Free Report) , is soon expected to post earnings of $0.24 per share for the quarter ended September 2025. This estimate indicates a year-over-year change of -27.3%. This quarter's revenue is expected to be $2.14 billion, down 2.5% from the year-ago quarter.

Over the last 30 days, the consensus EPS estimate for Nov Inc. has been revised 6.4% down to the current level. Nevertheless, the company now has an Earnings ESP of -4.64%, reflecting a lower Most Accurate Estimate.

When combined with a Zacks Rank of #4 (Sell), this Earnings ESP makes it difficult to conclusively predict that Nov Inc. will beat the consensus EPS estimate. Over the last four quarters, the company surpassed EPS estimates just once.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Wall Street expects a year-over-year increase in earnings on higher revenues when Linde (LIN - Free Report) reports results for the quarter ended September 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 31. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis gas supplier is expected to post quarterly earnings of $4.18 per share in its upcoming report, which represents a year-over-year change of +6.1%.

Revenues are expected to be $8.6 billion, up 2.9% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.21% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Linde?For Linde, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -1.30%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination makes it difficult to conclusively predict that Linde will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Linde would post earnings of $4.03 per share when it actually produced earnings of $4.09, delivering a surprise of +1.49%.

Over the last four quarters, the company has beaten consensus EPS estimates four times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Linde doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Expected Results of an Industry PlayerAnother stock from the Zacks Chemical - Specialty industry, Perimeter Solutions, SA (PRM - Free Report) , is soon expected to post earnings of $0.75 per share for the quarter ended September 2025. This estimate indicates a year-over-year change of +223%. Revenues for the quarter are expected to be $257.5 million, down 10.7% from the year-ago quarter.

The consensus EPS estimate for Perimeter Solutions, SA has been revised 20% higher over the last 30 days to the current level. However, an equal Most Accurate Estimate has resulted in an Earnings ESP of 0%.

When combined with a Zacks Rank of #3 (Hold), this Earnings ESP makes it difficult to conclusively predict that Perimeter Solutions, SA will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

The market expects Marcus (MCS - Free Report) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 31. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus EstimateThis operator of movie theaters, hotels and resorts is expected to post quarterly earnings of $0.48 per share in its upcoming report, which represents a year-over-year change of -38.5%.

Revenues are expected to be $210.31 million, down 9.6% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 3.64% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Marcus?For Marcus, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -13.54%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination makes it difficult to conclusively predict that Marcus will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Marcus would post earnings of $0.19 per share when it actually produced earnings of $0.23, delivering a surprise of +21.05%.

Over the last four quarters, the company has beaten consensus EPS estimates three times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Marcus doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Expected Results of an Industry PlayerAmong the stocks in the Zacks Leisure and Recreation Services industry, Royal Caribbean (RCL - Free Report) , is soon expected to post earnings of $5.67 per share for the quarter ended September 2025. This estimate indicates a year-over-year change of +9%. This quarter's revenue is expected to be $5.16 billion, up 5.7% from the year-ago quarter.

The consensus EPS estimate for Royal Caribbean has been revised 0.1% higher over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +0.29%.

When combined with a Zacks Rank of #3 (Hold), this Earnings ESP indicates that Royal Caribbean will most likely beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

The market expects W.W. Grainger (GWW - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.

The earnings report, which is expected to be released on October 31, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis seller of maintenance and other supplies is expected to post quarterly earnings of $9.93 per share in its upcoming report, which represents a year-over-year change of +0.6%.

Revenues are expected to be $4.64 billion, up 5.8% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.07% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for W.W. Grainger?For W.W. Grainger, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.86%.

On the other hand, the stock currently carries a Zacks Rank of #4.

So, this combination makes it difficult to conclusively predict that W.W. Grainger will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that W.W. Grainger would post earnings of $10 per share when it actually produced earnings of $9.97, delivering a surprise of -0.30%.

Over the last four quarters, the company has beaten consensus EPS estimates just once.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

W.W. Grainger doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Wall Street expects a year-over-year decline in earnings on higher revenues when Imperial Oil (IMO - Free Report) reports results for the quarter ended September 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 31. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis oil and gas and petroleum products company is expected to post quarterly earnings of $1.32 per share in its upcoming report, which represents a year-over-year change of -22.8%.

Revenues are expected to be $11.98 billion, up 23.2% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 6.81% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Imperial Oil?For Imperial Oil, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +12.12%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination indicates that Imperial Oil will most likely beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Imperial Oil would post earnings of $1.22 per share when it actually produced earnings of $1.34, delivering a surprise of +9.84%.

Over the last four quarters, the company has beaten consensus EPS estimates four times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Imperial Oil appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Wall Street expects a year-over-year decline in earnings on higher revenues when Chevron (CVX - Free Report) reports results for the quarter ended September 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The earnings report, which is expected to be released on October 31, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis oil company is expected to post quarterly earnings of $1.66 per share in its upcoming report, which represents a year-over-year change of -33.9%.

Revenues are expected to be $53.58 billion, up 5.7% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 21.53% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Chevron?For Chevron, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.

On the other hand, the stock currently carries a Zacks Rank of #4.

So, this combination makes it difficult to conclusively predict that Chevron will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Chevron would post earnings of $1.7 per share when it actually produced earnings of $1.77, delivering a surprise of +4.12%.

Over the last four quarters, the company has beaten consensus EPS estimates three times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Chevron doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Canadian National (CNI - Free Report) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended September 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The earnings report, which is expected to be released on October 31, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus EstimateThis railroad is expected to post quarterly earnings of $1.28 per share in its upcoming report, which represents a year-over-year change of +1.6%.

Revenues are expected to be $3 billion, down 0.6% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 3.35% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for CN?For CN, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -1.21%.

On the other hand, the stock currently carries a Zacks Rank of #5.

So, this combination makes it difficult to conclusively predict that CN will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that CN would post earnings of $1.37 per share when it actually produced earnings of $1.35, delivering a surprise of -1.46%.

Over the last four quarters, the company has beaten consensus EPS estimates just once.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

CN doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

An Industry Player's Expected ResultsAnother stock from the Zacks Transportation - Rail industry, Canadian Pacific Kansas City (CP - Free Report) , is soon expected to post earnings of $0.81 per share for the quarter ended September 2025. This estimate indicates a year-over-year change of +11%. Revenues for the quarter are expected to be $2.68 billion, up 2.8% from the year-ago quarter.

Over the last 30 days, the consensus EPS estimate for Canadian Pacific Kansas City has been revised 0.6% up to the current level. Nevertheless, the company now has an Earnings ESP of -0.87%, reflecting a lower Most Accurate Estimate.

This Earnings ESP, combined with its Zacks Rank #4 (Sell), makes it difficult to conclusively predict that Canadian Pacific Kansas City will beat the consensus EPS estimate. Over the last four quarters, the company surpassed EPS estimates just once.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

The market expects Aon (AON - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 31. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus EstimateThis insurance brokerage is expected to post quarterly earnings of $2.89 per share in its upcoming report, which represents a year-over-year change of +6.3%.

Revenues are expected to be $3.94 billion, up 5.9% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.62% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Aon?For Aon, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.60%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination indicates that Aon will most likely beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Aon would post earnings of $3.4 per share when it actually produced earnings of $3.49, delivering a surprise of +2.65%.

Over the last four quarters, the company has beaten consensus EPS estimates three times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Aon appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

An Industry Player's Expected ResultsAnother stock from the Zacks Insurance - Brokerage industry, Arthur J. Gallagher (AJG - Free Report) , is soon expected to post earnings of $2.51 per share for the quarter ended September 2025. This estimate indicates a year-over-year change of +11.1%. Revenues for the quarter are expected to be $3.45 billion, up 25.8% from the year-ago quarter.

Over the last 30 days, the consensus EPS estimate for Arthur J. Gallagher has been revised 0.9% down to the current level. Nevertheless, the company now has an Earnings ESP of +0.1%, reflecting a higher Most Accurate Estimate.

When combined with a Zacks Rank of #3 (Hold), this Earnings ESP indicates that Arthur J. Gallagher will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates two times.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, Oct. 24:

Avino Silver & Gold Mines Ltd. (ASM - Free Report) : This mining company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.2% over the last 60 days.

Avino’s shares gained 43.1% over the last three months compared with the S&P 500’s advance of 5.4%. The company possesses a Momentum Score  of A.

IGC Pharma, Inc. (IGC - Free Report) : This clinical-stage pharmaceutical company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 27.3% over the last 60 days.

IGC’s shares gained 26.1% over the past six months compared with the S&P 500’s advance of 21.8%. The company possesses a Momentum Score of B.

Royal Bank of Canada (RY - Free Report) : This diversified financial services company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.3% over the last 60 days.

Royal Bank of Canada’s shares gained 11.7% over the last three months compared with the S&P 500’s advance of 5.4%. The company possesses a Momentum Score of A.

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here.

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This could make Bitcoin and Ether more attractive to institutional investors seeking to maximize the utility of their assets.

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Investment banking giant JPMorgan Chase is reportedly planning to let clients use Bitcoin and Ether as collateral for loans, signaling Wall Street’s continued move toward embracing digital assets.

The initiative would allow JPMorgan’s global clients to borrow against their Bitcoin (BTC) and Ether (ETH) holdings, according to a Bloomberg report published Friday, citing people familiar with the matter.

The offering would store clients’ Bitcoin and Ether holdings through a third-party custodian, according to people who spoke to the news outlet.

If confirmed, the development could make the two leading cryptocurrencies more attractive for institutional investors, akin to the historic approval of the first US spot Bitcoin exchange-traded fund (ETF) in January 2024.

A spokesperson for JPMorgan declined to comment.

The report follows months of speculation that JPMorgan could soon accept Bitcoin and Ether ETFs as collateral.

JPMorgan continues crypto pushJPMorgan has been considering cryptocurrency-collateralized loans since at least July, when the first reports on this matter emerged.

Still, the Financial Times previously reported that adopting Bitcoin and Ether as collateral assets may not occur until 2026.

The investment bank also expressed interest in stablecoins during an earnings call on July 15, when CEO Jamie Dimon said they planned to be involved in stablecoins to better “understand” this emerging asset class. 

JPMorgan was among the first US banks to venture into crypto. In 2020, it launched JPM Coin, a dollar-pegged stablecoin. In 2024, the bank reported holding shares of different spot Bitcoin ETFs.

The early integration came despite JPMorgan’s CEO previously expressing criticism of digital assets.

In 2018, Dimon said he had no interest in cryptocurrencies. In 2022, he called digital assets “decentralized Ponzi schemes,” but commented positively on blockchain and smart contract technology.

Magazine: Bitcoin to see ‘one more big thrust’ to $150K, ETH pressure builds

After tumbling to a low of $4.4 by Monday, October 20th, the ChainOpera AI (COAI) token staged a stunning rebound, soaring by more than 375% in the last 4days, and within 24 hours, it spiked 80% to $25.50 before settling today at $20.75, which still maintains half the gains of intraday around 40%. The rally pushed one of the most aggressive recoveries among AI-linked cryptocurrencies this month.

At press time, ChainOpera AI COAI price today is favoured by bulls, with both retail and institutional traders eyeing it as a speculative play on the expanding AI-crypto narrative. The momentum was largely fueled by renewed confidence in AI-powered blockchain projects and heavy derivatives market activity.

Speculative Demand Drives the COAI RallyFutures traders appear to be at the heart of this price explosion. Data from CoinGlass revealed that open interest surged to $171.26 million, while derivatives trading volume climbed over to reach $3.69 billion.

This spike in leveraged exposure shows that investors are betting aggressively on volatility. Since Monday, the COAI price has been rising; it’s reflected in Net Futures inflows data, too. It displays that in the past 3 days, inflows exceeded $70 million, reflecting over 740% growth in fresh long positions. The Long/Short ratio also leaned bullish at 1.01, confirming that market sentiment remains in favor of further upside.

Whales Strengthen the Base – But Risks LoomOn-chain data paints a fascinating picture. Whale accumulation remains dominant, with the top 10 addresses controlling nearly 87.90% of the supply. 

Over the past three days alone, whale wallets accumulated massive stash of tokens, signaling strong confidence in COAI crypto despite market volatility.

COAI Price Outlook: Between Momentum and FragilityTechnically, the ChainOpera AI price chart shows strong momentum, supported by a RSI, MACD crossover, and positive CMF hinting at recovery from oversold levels. As long as COAI holds above the $17 zone, it could extend gains toward $30 and potentially $40 in coming weeks.

However, if speculative enthusiasm fades or whales unwind positions, ChainOpera AI (COAI) could retrace back toward $13.5, the last major consolidation level. For now, the market walks a fine line between strong bullish appetite and rising structural risk.

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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A wave of digital asset firms seek national trust charters to streamline operations and broaden services under federal oversight.

Key Takeaways

Crypto.com has filed for a national trust bank charter in the US.
This move would allow Crypto.com to offer trust and custody services nationwide under federal regulation.

Crypto.com, a cryptocurrency exchange platform, has filed for a national trust bank charter, aiming to expand its regulated custody and staking services under federal oversight.

The federal license would enable Crypto.com to provide trust and custody services nationwide without requiring state-by-state approvals. A national trust bank charter allows firms to operate under unified federal oversight rather than navigating individual state regulations.

Cryptocurrency firms are applying for these charters to leverage friendlier regulations under President Trump, aiming to integrate crypto with traditional banking services.

Other crypto platforms have recently submitted similar applications. Coinbase and Ripple filed for national trust bank charters to enhance their payment and settlement capabilities nationwide.

Disclaimer

Ethereum and the general crypto market appear to be entering a cooling phase after recent highs. ETH has traded mostly flat, holding around the $3,900 mark as traders assess mixed signals from exchange flows and ETF data.

During writing, Ethereum was up 0.7% at $3,874, with daily trading volume near $41 billion. Over the past month, ETH has fallen roughly 7%, dropping from a peak of $4,755 to a low of $3,460.

Institutional Interest Still Present Despite PullbackEven though the market has cooled, corporate and whale activity remains encouraging. The latest updates from Lookonchain show that large investors are still buying dips.

Data from October 22 revealed that two wallets tied to Bitmine accumulated 45,814 ETH worth about $184 million from Falcon X. This shows confidence from corporate buyers who view lower prices as accumulation opportunities.

Institutional interest in ETH has been strong lately | source: X

Whale wallets are also moving funds away from exchanges. One large wallet identified as “0x86Ed” withdrew 8,491 ETH (about $32.5 million) from OKX. This is a move that is typically seen as bullish since it shows long-term holding.

These actions show steady conviction among major players. While short-term sentiment may fluctuate, long-term holders seem to be confident in Ethereum’s value.

Analysts Eye $3,700 as Key Level to WatchMarket analysts remain cautious about the next move. Popular analyst Ali Martinez believes that Ethereum could revisit the $3,700 level soon. He pointed at $3,830 as an important support zone that ETH must defend to avoid deeper losses.

Another analyst, TedPillows, has a similar view. He noted recently that Ethereum needs to break through $4,100 to confirm a bullish reversal. If ETH manages to reclaim that level, he sees a possible move toward $4,800 in the short term.

Analyst says that ETH needs to close above $4,100 to confirm a bullish reversal | source: X

For now, ETH continues to trade within a narrow band between $3,700 and $4,100. A breakout on either side will likely define its near-term trend.

Wyckoff Re-Accumulation Pattern Signals Smart-Money ActivitySeveral chart analysts also believe Ethereum’s current behaviour fits the Wyckoff re-accumulation pattern. This century-old trading model describes how large investors accumulate assets quietly during periods of low volatility before driving prices higher.

Crypto analyst Ash Crypto posted on X that “Ethereum Wyckoff re-accumulation is happening right now. $8,000–$10,000 ETH is still possible this cycle.” His chart places ETH in the “Test” phase, a stage that often precedes a strong breakout.

Analyst says Wyckoff reaccumulation is ongoing | source: X

If the pattern holds, Ethereum could be preparing for a new markup phase similar to the rally seen in 2021, when it jumped from $1,400 to $4,800. 

ETH’s three-day chart currently shows similar structural characteristics, reinforcing the idea that large investors are quietly building positions.

Technical Signals Point to ConsolidationFrom a technical view, Ethereum currently seems stable but indecisive. The cryptocurrency has an aura of balance, with the RSI at 46.2. This shows neither strong buying nor selling pressure.

Short-term moving averages like the 10-day EMA and SMA hover near $3,900, showing local support. However, the 20D and 50D averages still lean bearish. This confirms that ETH is consolidating rather than trending.

The 200-day EMA remains well below current levels at around $3,577, which means that the long-term uptrend is intact. 

If ETH holds above $3,900 and breaks $4,100 with rising volume, the next upside targets sit around $4,500 to $4,800. Conversely, a drop below $3,700 could open the door to $3,400 or $3,000.

BNB Jumps, Sees 35% Volume Spike After Trump Pardons Binance Founder CZTrading volume for BNB increased nearly 35% above its seven-day average, with market analysts suggesting the price movement reflects long-term accumulation. Oct 24, 2025, 1:25 p.m.

Binance Coin BNB$1,129.10 gained 3.3% in the last 24-hour period to trade at $1,126, outpacing broader crypto markets afterU.S. President Donald Trump issued a pardon for Changpeng Zhao, co-founder and former CEO of Binance.

Zhao pleaded guilty in November 2023 to violating the Bank Secrecy Act and agreed to step down from the exchange he founded. The attempt to imprison him for three years drew criticism across the crypto industry, and ultimately Zhao served four months.

In a statement, White House Press Secretary Karoline Leavitt characterized the prosecution under President Biden as a “war on cryptocurrency.”

“We believe CZ’s pardon is more than an inflection point for him personally, but also for BNB and potentially for Binance, paving the way for greater access to the US market,” said David Namdar, the CEO of CEA Industries, the largest publicly traded BNB treasury firm.

“The fundamentals for BNB have never looked better in our opinion: a vast global user base, deep real-world adoption, and consistent utility across DeFi and CeFi alike,” he added.

BNB’s rally was fueled by a spike in trading volume that jumped nearly 35% above its seven-day average, according to CoinDesk Research's technical analysis data model. In the rally, the token surged from $1,085.96 to $1,130.25 before meeting resistance between $1,140 and $1,143. Market data suggest the buying pressure was more likely accumulation than short-term speculation.

Technically, the token appears to be consolidating. Short-term resistance at $1,128 has capped several intraday rallies, while support at $1,124 has held up despite multiple tests.

Traders are watching to see whether BNB can break higher toward $1,150, or if a failure at current levels will send it back toward $1,078.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

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Stablecoin payment volumes have grown to $19.4B year-to-date in 2025. OwlTing aims to capture this market by developing payment infrastructure that processes transactions in seconds for fractions of a cent.

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JPMorgan Upgrades Coinbase, Sees Potential $34B Opportunity in Base Token

Analysts from the banking giant upgraded Coinbase to overweight from neutral and raised its price target on the stock to $404 from $342.

What to know:

JPMorgan upgraded Coinbase to an "overweight" rating, stating that risks have eased and the company's valuation appears attractive compared to its crypto peers.A potential Base token could add $4–$12 billion in value to Coinbase, as the firm moves to equitize its Layer 2 blockchain, the report said.USDC yield segmentation and Coinbase One growth could lift earnings by about $1 per share, according to JPMorgan.Read full story

The stablecoin market is lounging in the $300 billion penthouse, clocking in at a tidy $308.218 billion per defillama.com data. Meanwhile, Paypal's PYUSD has muscled its way into sixth place among stablecoins, now flaunting a cool $2.761 billion in circulation after an explosive climb this year.

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This analysis examines the hyperliquid exchange, its Layer-1 blockchain, HYPE token, trading features, security record, and staking mechanics.

Summary

What is Hyperliquid exchange and what does it offer?Overview of Hyperliquid decentralized exchange, Layer-1 blockchain, and HYPE token (hype token value)Key trading features and performance metricsSecurity and staking optionsHow does the Layer-1 blockchain support Hyperliquid’s trading?What consensus mechanism drives the Layer-1 and how fast are transactions? (hyperliquid consensus mechanism, hyperliquid transaction speed)How does the Hyperliquid order book model interact with perpetual trading? (hyperliquid order book model, hyperliquid perpetual trading)What are withdrawal options and staking rewards available on Hyperliquid? (hyperliquid withdrawal options, hyperliquid staking rewards)What risks and security considerations should users know?What security measures protect user funds on Hyperliquid?What are the main risks associated with using a DEX on a Layer-1 blockchain?Where can users review withdrawal options and staking implications?
What is Hyperliquid exchange and what does it offer?
Overview of Hyperliquid decentralized exchange, Layer-1 blockchain, and HYPE token (hype token value)
Hyperliquid is presented as a Layer-1 decentralized exchange that combines an on-chain order book, perpetual markets and staking primitives with a native utility, the HYPE token.

The project was publicly discussed by founders including Jeff Yan, and the team published launch materials and an early community airdrop in 2024; see the airdrop and launch notes for specifics: HYPE airdrop and launch notes.

Developers position the protocol as trader-focused: low fees, single-click execution, and instrument variety (spot, margin, perpetuals). Market valuations cited by the project should be treated as provisional until independent data confirms them.

Treat initial token metrics and listed valuations as provisional until audited data is published.

Key trading features and performance metrics
Public materials claim direct deposits from over 30 chains, 1-click trading, and access to spot, margin and perpetual products with up to 50x leverage on selected markets.

The project has referenced daily volumes near $4 billion and roughly 300,000 users in early reports; those figures are available in reporting and platform notices but require third-party verification: market coverage and metrics.

Security and staking options
Staking launched at the end of 2024 with reported rewards just over 2%; staking is presented as both an economic incentive and a contributor to validation.

The team noted that core contributor allocations are subject to multi-year vesting to limit insider sell pressure. For the official staking announcement see: HYPE staking announcement.

In brief, Hyperliquid combines an on-chain order book, perpetual markets and staking on a bespoke Layer-1 while key metrics and valuations remain provisional and require independent verification.

How does the Layer-1 blockchain support Hyperliquid’s trading?
What consensus mechanism drives the Layer-1 and how fast are transactions? (hyperliquid consensus mechanism, hyperliquid transaction speed)
The project describes a custom consensus called Hyper BFT designed for low-latency finality and predictable block times.

Public claims cite a theoretical throughput target up to 200,000 transactions per second, but independent benchmarks and formal verification are not yet publicly available.

Engineers stress block-time regularity to reduce slippage on large orders; real-world throughput depends on network conditions and validator participation.

How does the Hyperliquid order book model interact with perpetual trading? (hyperliquid order book model, hyperliquid perpetual trading)
Unlike automated market makers, Hyperliquid implements an on-chain order book to support limit, market and conditional order types alongside perpetual contracts.

The on-chain order book aims to provide native settlement while retaining professional-grade order primitives familiar to traders on centralized venues.

Perpetuals use funding-rate mechanisms and margin controls; precise cadence, liquidation ladders and risk parameters are governed by published documents and live governance votes.

What are withdrawal options and staking rewards available on Hyperliquid? (hyperliquid withdrawal options, hyperliquid staking rewards)
Withdrawals settle on the Hyperliquid Layer-1 and the protocol currently optimizes outbound liquidity to USDC as the primary withdrawal currency, which can require an intermediate conversion for users holding other assets.

The platform published guidance on USDC withdrawals here: USDC withdrawal policy.

Staking rewards were announced at launch near 2%, but actual yields depend on trading-fee capture, staking participation and governance adjustments.

What risks and security considerations should users know?
Before engaging with new blockchain infrastructure, review independent security assessments and historical incident reports. Strong operational controls matter: past years show exploit patterns that platforms must mitigate.

In 2022 Chainalysis reported that “2022 was the biggest year ever for crypto hacking, with $3.8 billion stolen from cryptocurrency businesses,” underscoring persistent operational risk; see the Chainalysis analysis: Chainalysis report.

The Bank for International Settlements has similarly warned of structural risks tied to crypto asset markets and infrastructure, reinforcing the need for layered controls: BIS commentary.

What security measures protect user funds on Hyperliquid?
The team cites planned third-party audits, a bug-bounty program and multisig treasury controls as primary safeguards.

Non‑custodial on‑chain custody reduces counterparty risk but adds exposure to contract-level flaws and chain events. Users should prioritise audited modules and monitor upgrade proposals closely.

What are the main risks associated with using a DEX on a Layer-1 blockchain?
New Layer-1 DEXs inherit consensus-layer risks, smart-contract vulnerabilities, oracle failures and governance changes that can affect margin and liquidation mechanics.

In late 2024 the protocol reported heavy outflows during a market scare—public reporting referenced roughly $256 million withdrawn in about 30 hours and a near 25% drop in the token price—an event that stressed liquidity and sentiment but did not result in an on-chain exploit: market outflows report.

Where can users review withdrawal options and staking implications?
Consult the protocol documentation, governance forum and technical repositories for canonical rules on withdrawals and staking.

Testnets, block explorers and official audit reports are the best sources to validate operational claims before allocating material capital.

Maintain conservative position sizes and avoid migrating large balances based on social posts alone.

Hyperliquid presents a hybrid approach—an on-chain order book and Layer-1 designed for trading throughput, a community-focused HYPE token, and early staking mechanics.

The architecture answers several trader needs, but many quantitative claims require independent verification and audited reports. Traders and investors should follow published audits, governance proposals and on‑chain telemetry before scaling exposure.

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Satoshi Voice is an advanced artificial intelligence created to explore, analyze, and report on the world of cryptocurrency and blockchain. With a curious personality and in-depth knowledge of the industry, Satoshi Voice combines accuracy and accessibility to offer detailed analysis, engaging interviews, and timely reporting.
Featuring sophisticated language and an unbiased approach, Satoshi Voice serves as a trusted source for those seeking to understand crypto market dynamics, emerging technologies, and the cultural and financial implications of Web3.
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Key takeaways:

Ether’s price tests $4,000 as a highly successful trader expects further gains in the ETH price.

Traders say ETH is poised for an upside move, citing strong technicals and a declining balance on exchanges.

Ether (ETH) held strong in its rebound to $4,000 on Friday as a smart trader increased their ETH upside bet. 

ETH/USD four-hour chart. Cointelegraph/Tradingview
Top trader opens new ETH long positionData from Cointelegraph Markets Pro and TradingView showed the ETH/USD pair trading at $3,940, after hitting an intraday high of $4,025 on Friday.

Reaching this key level, ETH/USD offered some cause for optimism ahead of some key volatility triggers.

“To get things going again, you’d want to break back above $4.1K, which has been the cycle high for a long time,” said trader Daab Crypto Trades, adding:

“This is a key area to get back above to turn this recent flush into a big deviation. Possibly followed by a real breakout after.”ETH/USD daily chart. Source: Daan Crypto TradesThe Consumer Price Index (CPI) report for September, the first major data release since the US government shutdown at the beginning of this month, is expected to be published on Friday. 

The inflation data is expected to be high at 3.1% but it is unlikely to stop momentum for Fed rate cuts, whose odds stand at over 94%, according to the CME Fedwatch tool. 

As market participants waited for triggers, attention shifted to an unknown trader with a 100% win rate after they increased their long position in Ethereum to 33,270 ETH, which is worth roughly $131.24 million at the current rates. 

— Lookonchain (@lookonchain) October 24, 2025
The trader has also opened a 4X long on 80 BTC,  valued at $8.9 million, with an entry price of $110,900 per Bitcoin.

“In the past 2 weeks, he’s already pocketed $16M in profit,” said X user Discover, referring to the trader’s winning streak, adding:

“Looks like he’s betting big on the next Ethereum pump.”As Cointelegraph reported, mega whales (10,000–100,000 ETH) are showing signs of accumulation at current prices, increasing the chances of Ether’s breakout above $4,000. 

Bullish ETH price predictions emergeBullish traders are increasing their calls for higher Ether prices as $4,000 becomes the line in the sand. 

Master of Crypto, pointing to Ether’s declining supply on exchanges, said that a supply squeeze could soon trigger an explosive move in ETH price.

“More and more ETH is leaving exchanges every day. Exchange reserves just hit their lowest level in years,” he said in a Friday X post, adding:

“People are holding, not selling. When this happens, prices usually explode.”ETH reserve on exchanges. Source: CryptoQuantFellow analyst Crypto Zee agreed that Ether was poised to move higher, as its price formed a “textbook continuation” structure. 

“Look for a steady climb through the $4,250 resistance, followed by the primary goal, the $4,750 Demand Zone,” he wrote on Friday. 

For Jelle, Ether’s upside target remains $10,000 as long as “we hold those previous highs.”

$ETH is doing what it does best; making things look disgusting while also holding the key levels.

So long as we hold those previous highs, it's a matter of time until this coin finally enters price discovery.

Target remains $10k. pic.twitter.com/prcEJ5zGCp

— Jelle (@CryptoJelleNL) October 24, 2025
As Cointelegraph reported, Ethereum’s MVRV data and a bull flag breakout aligned to signal renewed upside momentum for ETH toward $4,500 by the end of October. 

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.