Morgan Stanley raises Micron's price target to $1,200, maintains 'Overweight' rating.
Morgan Stanley released a report raising Micron Technology (MU.O)’s price target from $1,050 to $1,200, while maintaining an "Overweight" rating. The investment bank lifted its fiscal 2027 earnings per share (EPS) forecast for the chipmaker by roughly 40% to $168, and upgraded its free cash flow (FCF) projection from $104 billion to $140 billion. Aligning with Micron’s management, the bank holds that AI will push DRAM demand to consistently outpace supply significantly after 2027. Micron’s last fiscal quarter results matched this trend, with both its quarterly performance and outlook showing notable upside potential.
1 seconds ago
US officials: Israel has withdrawn troops from parts of the buffer zone in southern Lebanon.
A U.S. State Department official said Israel has withdrawn from parts of the buffer zone in southern Lebanon, describing the move as a "goodwill gesture" toward the Lebanese government.
1 seconds ago
CBRS trades below IPO price post-earnings: Erases all gains six weeks after listing, two smart money firms net $5.8 million from first-day IPO shorts.
According to Hyperinsight monitoring, Cerebras (CBRS), the AI chip firm previously dubbed "Nvidia’s strongest challenger", saw its stock price fall in stages after reporting its first quarterly results since going public, as negative guidance overshadowed better-than-expected performance. The stock has dropped roughly 22% since the earnings release and officially broke below its IPO price today. On-chain whales are overall bearish. CBRS trades at $184 on the Hyperliquid platform, down 7.7% in 24 hours. Large-scale short positions (million-dollar level) total around $11.62 million, 2.39 times the long positions ($4.87 million). Two major short positions were placed precisely at high levels as early as the IPO day or even before the IPO: - Whale 0xe0ff: Shorted at $284.51 on May 14 with a 3x leveraged position of $6.13 million, generating an unrealized profit of $3.24 million (+104%); - Whale 0x9996: Shorted at $275.92 on May 11 with a 5x leveraged position of $5.48 million, generating an unrealized profit of $2.64 million (+162%). It is learned that both addresses currently hold short positions in both CBRS and SPCX, and have recorded substantial unrealized profits, preferring to place short positions at high levels before or on the day of major stock listings. With the realization of negative earnings news in this round, the combined unrealized profit of the two positions is around $5.88 million. Currently, the average entry price of CBRS short whales is around $275, and the current price is over 30% lower than that. The nearest short liquidation line is at $200.13, about 7% away from the current price.
1 seconds ago
Multiple high-performing domestic public mutual fund products have tightened their purchase restrictions.
E Fund Management announced in its latest filing that the E Fund Information Industry Select Fund, managed by Zheng Xi, has cut its purchase limit to 10,000 yuan. The same purchase limit reduction to 10,000 yuan applies to another fund under his management, E Fund Information Industry Fund, while E Fund Global Growth Select Hybrid Fund (QDII) has lowered its purchase limit to 10 yuan. In addition, Guolianan Preferred Industry Fund, Harvest Tech Innovation Fund, and Principal Performance-Driven Fund have also announced purchase limits or adjustments to their limits recently. Jin Zicai, a fund manager closely watched by the market, imposed additional purchase limits on multiple public offering funds under his management, with the four funds involved cutting their purchase limits to 500 yuan starting June 23. Purchase limits on high-performing funds likely stem from multiple considerations: they can avoid return dilution caused by short-term concentrated subscriptions, and proactive limits during overheated market conditions also send risk warning signals to the market. As the first half of the year draws to a close, such moves have become increasingly frequent. Overall, Wind data shows that since June alone, 19 funds with year-to-date net asset value returns exceeding 90% have suspended large subscriptions or adjusted their purchase caps. (Source: Cailian Press)
1 seconds ago
The US stock market's optical communication sector rises across the board in pre-market trading, with Corning up 9.28%.
According to Bitget market data, the U.S. stock market's optical communication sector saw broad pre-market gains, with MRVL rising 4.99%, LITE up 3.24%, Nokia up 3.11%, Corning up 9.28%, and AXTI up 6.69%.
1 seconds ago
US-listed AI chip stocks saw mixed pre-market performance, with Qualcomm surging 13%.
According to Bitget market data, U.S. AI chip stocks posted mixed pre-market performance: Qualcomm (QCOM.O) surged 13%, Intel (INTC.O) rose nearly 6%, AMD (AMD.O) gained nearly 4%, and Google (GOOG.O) declined 1.4%.
Morgan Stanley raises Micron's price target to $1,200, maintains 'Overweight' rating.
Morgan Stanley released a report raising Micron Technology (MU.O)’s price target from $1,050 to $1,200, while maintaining an "Overweight" rating. The investment bank lifted its fiscal 2027 earnings per share (EPS) forecast for the chipmaker by roughly 40% to $168, and upgraded its free cash flow (FCF) projection from $104 billion to $140 billion. Aligning with Micron’s management, the bank holds that AI will push DRAM demand to consistently outpace supply significantly after 2027. Micron’s last fiscal quarter results matched this trend, with both its quarterly performance and outlook showing notable upside potential.
1 seconds ago
US officials: Israel has withdrawn troops from parts of the buffer zone in southern Lebanon.
A U.S. State Department official said Israel has withdrawn from parts of the buffer zone in southern Lebanon, describing the move as a "goodwill gesture" toward the Lebanese government.
1 seconds ago
CBRS trades below IPO price post-earnings: Erases all gains six weeks after listing, two smart money firms net $5.8 million from first-day IPO shorts.
According to Hyperinsight monitoring, Cerebras (CBRS), the AI chip firm previously dubbed "Nvidia’s strongest challenger", saw its stock price fall in stages after reporting its first quarterly results since going public, as negative guidance overshadowed better-than-expected performance. The stock has dropped roughly 22% since the earnings release and officially broke below its IPO price today. On-chain whales are overall bearish. CBRS trades at $184 on the Hyperliquid platform, down 7.7% in 24 hours. Large-scale short positions (million-dollar level) total around $11.62 million, 2.39 times the long positions ($4.87 million). Two major short positions were placed precisely at high levels as early as the IPO day or even before the IPO: - Whale 0xe0ff: Shorted at $284.51 on May 14 with a 3x leveraged position of $6.13 million, generating an unrealized profit of $3.24 million (+104%); - Whale 0x9996: Shorted at $275.92 on May 11 with a 5x leveraged position of $5.48 million, generating an unrealized profit of $2.64 million (+162%). It is learned that both addresses currently hold short positions in both CBRS and SPCX, and have recorded substantial unrealized profits, preferring to place short positions at high levels before or on the day of major stock listings. With the realization of negative earnings news in this round, the combined unrealized profit of the two positions is around $5.88 million. Currently, the average entry price of CBRS short whales is around $275, and the current price is over 30% lower than that. The nearest short liquidation line is at $200.13, about 7% away from the current price.
1 seconds ago
Multiple high-performing domestic public mutual fund products have tightened their purchase restrictions.
E Fund Management announced in its latest filing that the E Fund Information Industry Select Fund, managed by Zheng Xi, has cut its purchase limit to 10,000 yuan. The same purchase limit reduction to 10,000 yuan applies to another fund under his management, E Fund Information Industry Fund, while E Fund Global Growth Select Hybrid Fund (QDII) has lowered its purchase limit to 10 yuan. In addition, Guolianan Preferred Industry Fund, Harvest Tech Innovation Fund, and Principal Performance-Driven Fund have also announced purchase limits or adjustments to their limits recently. Jin Zicai, a fund manager closely watched by the market, imposed additional purchase limits on multiple public offering funds under his management, with the four funds involved cutting their purchase limits to 500 yuan starting June 23. Purchase limits on high-performing funds likely stem from multiple considerations: they can avoid return dilution caused by short-term concentrated subscriptions, and proactive limits during overheated market conditions also send risk warning signals to the market. As the first half of the year draws to a close, such moves have become increasingly frequent. Overall, Wind data shows that since June alone, 19 funds with year-to-date net asset value returns exceeding 90% have suspended large subscriptions or adjusted their purchase caps. (Source: Cailian Press)
1 seconds ago
The US stock market's optical communication sector rises across the board in pre-market trading, with Corning up 9.28%.
According to Bitget market data, the U.S. stock market's optical communication sector saw broad pre-market gains, with MRVL rising 4.99%, LITE up 3.24%, Nokia up 3.11%, Corning up 9.28%, and AXTI up 6.69%.
1 seconds ago
US-listed AI chip stocks saw mixed pre-market performance, with Qualcomm surging 13%.
According to Bitget market data, U.S. AI chip stocks posted mixed pre-market performance: Qualcomm (QCOM.O) surged 13%, Intel (INTC.O) rose nearly 6%, AMD (AMD.O) gained nearly 4%, and Google (GOOG.O) declined 1.4%.
PANews reported on February 21 that on-chain analyst Specter published an article on the X platform stating that IoTeX may have suffered a private key breach, with its token safe assets being completely transferred out by attackers, resulting in a total loss of approximately $4.3 million.
On-chain data shows that the attackers transferred multiple contract assets, including USDC, USDT, IOTX, PAYG, WBTC, and BUSD. The stolen assets were subsequently converted into ETH, with approximately 45 ETH transferred across the blockchain to the Bitcoin network. The incident is still under further investigation.
The attacker's addresses that have been disclosed so far are as follows:
Morgan Stanley raises Micron's price target to $1,200, maintains 'Overweight' rating.
Morgan Stanley released a report raising Micron Technology (MU.O)’s price target from $1,050 to $1,200, while maintaining an "Overweight" rating. The investment bank lifted its fiscal 2027 earnings per share (EPS) forecast for the chipmaker by roughly 40% to $168, and upgraded its free cash flow (FCF) projection from $104 billion to $140 billion. Aligning with Micron’s management, the bank holds that AI will push DRAM demand to consistently outpace supply significantly after 2027. Micron’s last fiscal quarter results matched this trend, with both its quarterly performance and outlook showing notable upside potential.
1 seconds ago
US officials: Israel has withdrawn troops from parts of the buffer zone in southern Lebanon.
A U.S. State Department official said Israel has withdrawn from parts of the buffer zone in southern Lebanon, describing the move as a "goodwill gesture" toward the Lebanese government.
1 seconds ago
CBRS trades below IPO price post-earnings: Erases all gains six weeks after listing, two smart money firms net $5.8 million from first-day IPO shorts.
According to Hyperinsight monitoring, Cerebras (CBRS), the AI chip firm previously dubbed "Nvidia’s strongest challenger", saw its stock price fall in stages after reporting its first quarterly results since going public, as negative guidance overshadowed better-than-expected performance. The stock has dropped roughly 22% since the earnings release and officially broke below its IPO price today. On-chain whales are overall bearish. CBRS trades at $184 on the Hyperliquid platform, down 7.7% in 24 hours. Large-scale short positions (million-dollar level) total around $11.62 million, 2.39 times the long positions ($4.87 million). Two major short positions were placed precisely at high levels as early as the IPO day or even before the IPO: - Whale 0xe0ff: Shorted at $284.51 on May 14 with a 3x leveraged position of $6.13 million, generating an unrealized profit of $3.24 million (+104%); - Whale 0x9996: Shorted at $275.92 on May 11 with a 5x leveraged position of $5.48 million, generating an unrealized profit of $2.64 million (+162%). It is learned that both addresses currently hold short positions in both CBRS and SPCX, and have recorded substantial unrealized profits, preferring to place short positions at high levels before or on the day of major stock listings. With the realization of negative earnings news in this round, the combined unrealized profit of the two positions is around $5.88 million. Currently, the average entry price of CBRS short whales is around $275, and the current price is over 30% lower than that. The nearest short liquidation line is at $200.13, about 7% away from the current price.
1 seconds ago
Multiple high-performing domestic public mutual fund products have tightened their purchase restrictions.
E Fund Management announced in its latest filing that the E Fund Information Industry Select Fund, managed by Zheng Xi, has cut its purchase limit to 10,000 yuan. The same purchase limit reduction to 10,000 yuan applies to another fund under his management, E Fund Information Industry Fund, while E Fund Global Growth Select Hybrid Fund (QDII) has lowered its purchase limit to 10 yuan. In addition, Guolianan Preferred Industry Fund, Harvest Tech Innovation Fund, and Principal Performance-Driven Fund have also announced purchase limits or adjustments to their limits recently. Jin Zicai, a fund manager closely watched by the market, imposed additional purchase limits on multiple public offering funds under his management, with the four funds involved cutting their purchase limits to 500 yuan starting June 23. Purchase limits on high-performing funds likely stem from multiple considerations: they can avoid return dilution caused by short-term concentrated subscriptions, and proactive limits during overheated market conditions also send risk warning signals to the market. As the first half of the year draws to a close, such moves have become increasingly frequent. Overall, Wind data shows that since June alone, 19 funds with year-to-date net asset value returns exceeding 90% have suspended large subscriptions or adjusted their purchase caps. (Source: Cailian Press)
1 seconds ago
The US stock market's optical communication sector rises across the board in pre-market trading, with Corning up 9.28%.
According to Bitget market data, the U.S. stock market's optical communication sector saw broad pre-market gains, with MRVL rising 4.99%, LITE up 3.24%, Nokia up 3.11%, Corning up 9.28%, and AXTI up 6.69%.
1 seconds ago
US-listed AI chip stocks saw mixed pre-market performance, with Qualcomm surging 13%.
According to Bitget market data, U.S. AI chip stocks posted mixed pre-market performance: Qualcomm (QCOM.O) surged 13%, Intel (INTC.O) rose nearly 6%, AMD (AMD.O) gained nearly 4%, and Google (GOOG.O) declined 1.4%.
Morgan Stanley raises Micron's price target to $1,200, maintains 'Overweight' rating.
Morgan Stanley released a report raising Micron Technology (MU.O)’s price target from $1,050 to $1,200, while maintaining an "Overweight" rating. The investment bank lifted its fiscal 2027 earnings per share (EPS) forecast for the chipmaker by roughly 40% to $168, and upgraded its free cash flow (FCF) projection from $104 billion to $140 billion. Aligning with Micron’s management, the bank holds that AI will push DRAM demand to consistently outpace supply significantly after 2027. Micron’s last fiscal quarter results matched this trend, with both its quarterly performance and outlook showing notable upside potential.
1 seconds ago
US officials: Israel has withdrawn troops from parts of the buffer zone in southern Lebanon.
A U.S. State Department official said Israel has withdrawn from parts of the buffer zone in southern Lebanon, describing the move as a "goodwill gesture" toward the Lebanese government.
1 seconds ago
CBRS trades below IPO price post-earnings: Erases all gains six weeks after listing, two smart money firms net $5.8 million from first-day IPO shorts.
According to Hyperinsight monitoring, Cerebras (CBRS), the AI chip firm previously dubbed "Nvidia’s strongest challenger", saw its stock price fall in stages after reporting its first quarterly results since going public, as negative guidance overshadowed better-than-expected performance. The stock has dropped roughly 22% since the earnings release and officially broke below its IPO price today. On-chain whales are overall bearish. CBRS trades at $184 on the Hyperliquid platform, down 7.7% in 24 hours. Large-scale short positions (million-dollar level) total around $11.62 million, 2.39 times the long positions ($4.87 million). Two major short positions were placed precisely at high levels as early as the IPO day or even before the IPO: - Whale 0xe0ff: Shorted at $284.51 on May 14 with a 3x leveraged position of $6.13 million, generating an unrealized profit of $3.24 million (+104%); - Whale 0x9996: Shorted at $275.92 on May 11 with a 5x leveraged position of $5.48 million, generating an unrealized profit of $2.64 million (+162%). It is learned that both addresses currently hold short positions in both CBRS and SPCX, and have recorded substantial unrealized profits, preferring to place short positions at high levels before or on the day of major stock listings. With the realization of negative earnings news in this round, the combined unrealized profit of the two positions is around $5.88 million. Currently, the average entry price of CBRS short whales is around $275, and the current price is over 30% lower than that. The nearest short liquidation line is at $200.13, about 7% away from the current price.
1 seconds ago
Multiple high-performing domestic public mutual fund products have tightened their purchase restrictions.
E Fund Management announced in its latest filing that the E Fund Information Industry Select Fund, managed by Zheng Xi, has cut its purchase limit to 10,000 yuan. The same purchase limit reduction to 10,000 yuan applies to another fund under his management, E Fund Information Industry Fund, while E Fund Global Growth Select Hybrid Fund (QDII) has lowered its purchase limit to 10 yuan. In addition, Guolianan Preferred Industry Fund, Harvest Tech Innovation Fund, and Principal Performance-Driven Fund have also announced purchase limits or adjustments to their limits recently. Jin Zicai, a fund manager closely watched by the market, imposed additional purchase limits on multiple public offering funds under his management, with the four funds involved cutting their purchase limits to 500 yuan starting June 23. Purchase limits on high-performing funds likely stem from multiple considerations: they can avoid return dilution caused by short-term concentrated subscriptions, and proactive limits during overheated market conditions also send risk warning signals to the market. As the first half of the year draws to a close, such moves have become increasingly frequent. Overall, Wind data shows that since June alone, 19 funds with year-to-date net asset value returns exceeding 90% have suspended large subscriptions or adjusted their purchase caps. (Source: Cailian Press)
1 seconds ago
The US stock market's optical communication sector rises across the board in pre-market trading, with Corning up 9.28%.
According to Bitget market data, the U.S. stock market's optical communication sector saw broad pre-market gains, with MRVL rising 4.99%, LITE up 3.24%, Nokia up 3.11%, Corning up 9.28%, and AXTI up 6.69%.
1 seconds ago
US-listed AI chip stocks saw mixed pre-market performance, with Qualcomm surging 13%.
According to Bitget market data, U.S. AI chip stocks posted mixed pre-market performance: Qualcomm (QCOM.O) surged 13%, Intel (INTC.O) rose nearly 6%, AMD (AMD.O) gained nearly 4%, and Google (GOOG.O) declined 1.4%.
Morgan Stanley raises Micron's price target to $1,200, maintains 'Overweight' rating.
Morgan Stanley released a report raising Micron Technology (MU.O)’s price target from $1,050 to $1,200, while maintaining an "Overweight" rating. The investment bank lifted its fiscal 2027 earnings per share (EPS) forecast for the chipmaker by roughly 40% to $168, and upgraded its free cash flow (FCF) projection from $104 billion to $140 billion. Aligning with Micron’s management, the bank holds that AI will push DRAM demand to consistently outpace supply significantly after 2027. Micron’s last fiscal quarter results matched this trend, with both its quarterly performance and outlook showing notable upside potential.
1 seconds ago
US officials: Israel has withdrawn troops from parts of the buffer zone in southern Lebanon.
A U.S. State Department official said Israel has withdrawn from parts of the buffer zone in southern Lebanon, describing the move as a "goodwill gesture" toward the Lebanese government.
1 seconds ago
CBRS trades below IPO price post-earnings: Erases all gains six weeks after listing, two smart money firms net $5.8 million from first-day IPO shorts.
According to Hyperinsight monitoring, Cerebras (CBRS), the AI chip firm previously dubbed "Nvidia’s strongest challenger", saw its stock price fall in stages after reporting its first quarterly results since going public, as negative guidance overshadowed better-than-expected performance. The stock has dropped roughly 22% since the earnings release and officially broke below its IPO price today. On-chain whales are overall bearish. CBRS trades at $184 on the Hyperliquid platform, down 7.7% in 24 hours. Large-scale short positions (million-dollar level) total around $11.62 million, 2.39 times the long positions ($4.87 million). Two major short positions were placed precisely at high levels as early as the IPO day or even before the IPO: - Whale 0xe0ff: Shorted at $284.51 on May 14 with a 3x leveraged position of $6.13 million, generating an unrealized profit of $3.24 million (+104%); - Whale 0x9996: Shorted at $275.92 on May 11 with a 5x leveraged position of $5.48 million, generating an unrealized profit of $2.64 million (+162%). It is learned that both addresses currently hold short positions in both CBRS and SPCX, and have recorded substantial unrealized profits, preferring to place short positions at high levels before or on the day of major stock listings. With the realization of negative earnings news in this round, the combined unrealized profit of the two positions is around $5.88 million. Currently, the average entry price of CBRS short whales is around $275, and the current price is over 30% lower than that. The nearest short liquidation line is at $200.13, about 7% away from the current price.
1 seconds ago
Multiple high-performing domestic public mutual fund products have tightened their purchase restrictions.
E Fund Management announced in its latest filing that the E Fund Information Industry Select Fund, managed by Zheng Xi, has cut its purchase limit to 10,000 yuan. The same purchase limit reduction to 10,000 yuan applies to another fund under his management, E Fund Information Industry Fund, while E Fund Global Growth Select Hybrid Fund (QDII) has lowered its purchase limit to 10 yuan. In addition, Guolianan Preferred Industry Fund, Harvest Tech Innovation Fund, and Principal Performance-Driven Fund have also announced purchase limits or adjustments to their limits recently. Jin Zicai, a fund manager closely watched by the market, imposed additional purchase limits on multiple public offering funds under his management, with the four funds involved cutting their purchase limits to 500 yuan starting June 23. Purchase limits on high-performing funds likely stem from multiple considerations: they can avoid return dilution caused by short-term concentrated subscriptions, and proactive limits during overheated market conditions also send risk warning signals to the market. As the first half of the year draws to a close, such moves have become increasingly frequent. Overall, Wind data shows that since June alone, 19 funds with year-to-date net asset value returns exceeding 90% have suspended large subscriptions or adjusted their purchase caps. (Source: Cailian Press)
1 seconds ago
The US stock market's optical communication sector rises across the board in pre-market trading, with Corning up 9.28%.
According to Bitget market data, the U.S. stock market's optical communication sector saw broad pre-market gains, with MRVL rising 4.99%, LITE up 3.24%, Nokia up 3.11%, Corning up 9.28%, and AXTI up 6.69%.
1 seconds ago
US-listed AI chip stocks saw mixed pre-market performance, with Qualcomm surging 13%.
According to Bitget market data, U.S. AI chip stocks posted mixed pre-market performance: Qualcomm (QCOM.O) surged 13%, Intel (INTC.O) rose nearly 6%, AMD (AMD.O) gained nearly 4%, and Google (GOOG.O) declined 1.4%.
Standard Chartered has suggested that Aave, one of the leading decentralized finance (DeFi) lending protocols, could regain momentum as tokenized assets see wider adoption within DeFi. According to the bank’s analysis, this trend may attract more deposits to the platform and strengthen Aave’s position in the on-chain lending market.
Recovery prospects for AaveGeoff Kendrick, Global Head of Digital Assets Research at Standard Chartered, noted in a research memo published Wednesday that a surge in active tokenized assets within DeFi could accelerate new inflows to Aave. The protocol is recognized as one of the largest DeFi platforms, enabling users to borrow and lend cryptocurrencies by posting crypto assets as collateral.
Despite recent disruptions, Standard Chartered maintains a positive outlook for Aave, the largest DeFi lending protocol, and emphasizes that the negative impacts witnessed recently may diminish with time.
The research points out that Aave’s recent performance has been weighed down by the general decline in digital asset prices and by a cyber theft linked to KelpDAO in April. Standard Chartered says the $292 million incident exerted additional pressure on Aave, triggering outflows and contributing to a drop in its share of the lending market.
However, the bank believes these negative factors are unlikely to be permanent. Kendrick expressed confidence that the remainder of the year could bring significant gains in digital asset prices and suggested Aave may have largely moved beyond the impact of the April event.
Tokenization theme expands to lendingAccording to Standard Chartered’s assessment, the tokenization trend is now extending beyond decentralized trading into lending markets. The bank sees Aave as one of the key platforms where users could eventually borrow against tokenized versions of real-world assets (RWAs). In this context, RWA refers to traditional assets such as bonds, funds, real estate, or receivables that are represented on blockchain as digital tokens.
Glossary: RWA stands for real-world assets tokenized on blockchain. This allows traditional financial assets to serve as collateral or a source of liquidity in DeFi applications.
Data from the research note highlights that, by October 2025, Aave’s deposit base could reach $75 billion—a level on par with the top 30 banks by deposits in the United States. Standard Chartered projects that as tokenized assets become more prevalent as collateral and liquidity within DeFi, Aave could recapture a portion of its previous scale.
Kendrick’s analysis states that with broader adoption of tokenized assets, Aave is expected to regain part of the scale it once achieved.
Broader outlook for DeFiIn a previously published research report, Standard Chartered estimated that the total value locked in DeFi could reach $2.7 trillion by 2030. This forecast is based on the assumption that both RWAs and other crypto-native assets will increasingly migrate onto on-chain protocols.
The bank also highlighted Uniswap on the transactional side of tokenized markets. The analysis noted that Uniswap’s size, recognition, and proven activity across different market cycles could make it a central venue for tokenized asset trading.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Bullish predictions continue to emerge for AAVE, which made headlines in 2026 due to a hacking attack.
At this point, following Grayscale, British banking giant Standard Chartered also announced a strong bullish forecast for AAVE.
In its latest report, Standard Chartered predicted that the price of the crypto lending protocol Aave (AAVE) could reach $3,500 by 2030.
The bank states that it expects Aave to be a significant gainer, given the approximately 37-fold growth of the decentralized finance (DeFi) market and the rapid on-chain adoption of tokenized finance.
Geoff Kendrick, Standard Chartered’s global head of digital asset research, said, “Despite recent setbacks, we remain optimistic about the future of Aave, the largest lending protocol.”
The bank stated that Aave’s recent performance has been affected by the general decline in cryptocurrency prices and the hack targeting KelpDAO in April.
“We believe both of these negative factors will disappear. We foresee a significant increase in digital asset token prices by the end of the year, and we think Aave has put the impact of the April incident behind it.”
Besides Standard Chartered, Grayscale also issued a bullish forecast for AAVE. According to Grayscale, AAVE is undervalued and could rise to $175 within a year.
AAVE, which has risen 5.8% in the last 24 hours, is still trading at $76.4 at the time of writing.
*This is not investment advice.
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Standard Chartered initiated coverage of Aave (AAVE) on Tuesday, forecasting the decentralized lending protocol's native token could rise 50x to $3,500 by the end of 2030 from roughly $74 today.
The initiation, authored by Geoffrey Kendrick, the bank's global head of digital assets research, extends a series of bullish decentralized finance calls Standard Chartered has published this year.
The Block covered the bank's April note arguing DeFi was "bent, not broken" after the KelpDAO exploit, its May projection of $4 trillion in tokenized assets by end-2028, and its June initiation of Uniswap (UNI) with a $100 end-2030 target.
Aave is the third DeFi protocol to receive formal coverage under that framework, with a price target the bank frames as a bet on DeFi's structural recovery and a coming wave of real-world assets moving onchain.
The recovery case The April 18 exploit of KelpDAO — which saw roughly $292 million in rsETH drained from a LayerZero-powered bridge and deposited as collateral on Aave — looms over the initiation as context rather than obstacle, per Standard Chartered's read.
The Block reported the incident and its spread to Aave as the protocol froze rsETH-related markets and absorbed sharp deposit outflows.
At the time, the damage was substantial.
Deposits on Aave fell from $44 billion to $23 billion following the exploit, while active loans dropped from $18 billion to $9.5 billion, according to Kendrick’s note.
Aave's share of the broader lending market fell to 38% of deposits and 42% of active loans, down from 59% and 64%, respectively, in the 12 months before the theft.
Standard Chartered views those figures as a trough.
A slight uptick in both metrics from early June coincided with an announcement by Aave founder Stani Kulechov that the protocol was developing a new risk framework — still pending governance review— which the note cites as a sign of confidence.
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How the model works The thesis is built on a single structural observation: Aave's business model is linear.
Deposits drive loan volume, loan volume drives fee income, with 90% of Aave's fees derived from net interest margin in the last 12 months, and fee income drives market cap.
The protocol's loan-to-value ratio has held broadly steady at around 40% over the past two years, and roughly 15% of total fees accrue to the protocol as revenue, with the remaining 85% paid to liquidity providers.
The AAVE token buyback program, launched by the Aave DAO in April 2025 and paused the day after the KelpDAO exploit on April 19, is another lever that Kendrick flagged. The program had repurchased 205,000 AAVE tokens — approximately 1.3% of total supply — before it was halted. Standard Chartered supports the resumption of the buybacks.
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The DeFi growth engine The longer-term case rests on a projection that the value of assets deployed in DeFi will reach roughly $2.7 trillion by the end of 2030, a 37x increase from current levels.
Standard Chartered attributes that growth to expanding stablecoin supply, which is forecast to hit $2 trillion by the end of 2028 from roughly $310 billion today, rising tokenized non-stablecoin real-world assets and a rising share of tokenized assets actively deployed in DeFi, climbing to 30% from 3.5% today.
Notably, scaling Aave Horizon, the protocol's permissioned lending market for tokenized RWAs, launched in August 2025, is the critical longer-term driver in Kendrick’s view.
However, take-up has been slow. The platform held $163 million in active loans as of the end of May, against a total tokenized RWA market cap Standard Chartered puts at roughly $30 billion.
The note acknowledges that scaling Horizon to TradFi players will require navigating idiosyncratic compliance requirements across institutions, and that clearer U.S. regulatory frameworks, including potential passage of the Clarity Act, could accelerate the process.
V4 and GHO Aave V4, launched in March, is seen as a structural defense upgrade. Its hub-and-spoke architecture enables liquidity sharing across participating layer-2 protocols within the Ethereum Economic Zone, bypassing the need for bridges — the attack vector exploited in the KelpDAO incident.
As of the note's publication, 99.4% of Aave's deposits remain on V3, with only 0.4% migrated to V4. The EEZ is expected to go live on the mainnet this summer.
Aave's GHO stablecoin rounds out the medium-term upside case. Outstanding supply has grown to roughly $600 million since GHO's 2023 launch, a solid trajectory, the note allows, but still niche by stablecoin standards.
Unlike fee income from standard lending markets, all GHO-associated fees flow directly to the protocol, with no payout to external liquidity providers.
Expand Chart
The targets Kendrick's staged price targets place AAVE at $180 by end-2026, $600 by end-2027, $1,200 by end-2028, $2,200 by end-2029, and $3,500 by end-2030.
The note projects AAVE will outperform both ETH and BTC across that horizon, with Standard Chartered's reference forecasts putting ETH at $40,000 and BTC at $500,000 by end-2030.
Kulechov welcomed the note on X. Aave's smart contract model compresses traditional lending cost structures and "potentially the model could be applied to cater to the whole $400T finance industry," he wrote in a post.
Aave's deposits and active loans remain roughly half their pre-exploit peaks. The platform’s native token is down over 88% from its peak, The Block’s price page shows.
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TLDRAave Seen Regaining Ground as Market Pressures EaseTokenized Assets Drive Standard Chartered’s OutlookGet 3 Free Stock Ebooks Standard Chartered identified Aave as a potential beneficiary of growing tokenized asset activity in DeFi. The bank said tokenized assets could drive higher deposits and lending activity on Aave. Geoff Kendrick stated that recent pressures from lower crypto prices and the KelpDAO incident are fading. Aave’s deposit base reached about $75 billion in October 2025, according to the research note. Standard Chartered expects tokenized real-world assets to become a larger source of DeFi collateral. Standard Chartered has identified Aave as a potential beneficiary of growing tokenized asset activity within decentralized finance. The bank said rising adoption of tokenized assets could increase deposits on the lending protocol and support a recovery in its market position. The assessment appeared in a research note published Wednesday by Geoff Kendrick, the bank’s global head of digital assets research.
Aave Seen Regaining Ground as Market Pressures Ease Kendrick said Aave remains the largest decentralized lending protocol despite recent challenges. He stated that weaker digital asset prices and the April KelpDAO cybertheft affected the platform’s recent performance. He also said those factors reduced Aave’s lending market share as assets moved away from the protocol.
The research note linked part of the decline to the $292 million KelpDAO incident. According to Standard Chartered, the event contributed to lower activity on Aave during the period. However, Kendrick said the protocol has moved past the disruption and now faces improving conditions.
“We think both of those negatives are poised to fade,” Kendrick wrote. He added that the bank expects digital asset prices to rise into year-end.
As a result, Standard Chartered believes conditions could support renewed growth on the platform.
The bank also compared Aave’s deposit scale with traditional banking institutions. Kendrick said Aave’s deposit base reached about $75 billion in October 2025. He added that this figure would have placed the protocol near the 30th-largest U.S. bank by deposits.
Standard Chartered expects Aave to recover part of that scale over time. The bank pointed to increasing use of tokenized assets as collateral within decentralized finance. It also said those assets could become new liquidity sources for lending markets.
Tokenized Assets Drive Standard Chartered’s Outlook The research note extends Standard Chartered’s existing tokenization framework into decentralized lending. The bank said tokenized real-world assets could create new borrowing activity across onchain platforms. Under that view, Aave could serve as a venue for loans backed by tokenized assets.
Kendrick linked the forecast to broader growth in tokenized markets. He said tokenized assets could bring more deposits into decentralized finance protocols. In turn, those assets could increase activity on lending platforms that already hold large liquidity pools.
Standard Chartered previously projected that assets locked in decentralized finance could reach $2.7 trillion by 2030. The bank attributed that forecast to growth in tokenized real-world assets and crypto-native products. Those assets would move through blockchain-based financial protocols.
The report also referenced decentralized exchange activity tied to tokenized markets. Kendrick identified Uniswap as a potential trading venue for tokenized assets. He cited the platform’s scale, brand recognition, and operating history across several crypto market cycles.
Standard Chartered’s latest note places Aave at the center of its decentralized lending outlook. The bank said expanding tokenized asset usage could support higher protocol deposits. The report also maintained that tokenized assets may become an increasing source of collateral within DeFi markets.
Aave generated $907 million in revenue across its lending markets during 2025 and another $333 million so far in 2026 as Standard Chartered initiated research coverage of the decentralized finance protocol.
The bank’s digital assets research head Geoff Kendrick set a $3,500 price target for AAVE by the end of 2030.
The forecast implies an increase of roughly 50 times from the token’s current price near $76 and would see AAVE outperform Bitcoin and Ethereum over the period.
The $907 million figure reflects a broad measure of revenue and interest generated across Aave’s products and lending markets. It should not be confused with revenue directly retained by the Aave DAO.
Aave governance materials previously said the protocol earned more than $100 million in 2025, mostly through reserve factor fees, and entered 2026 at an annualized revenue rate of about $120 million.
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Aave has moved to capture a greater share of the revenue generated by products carrying its name.
The Aave Will Win framework directs all revenue from Aave branded products developed by Aave Labs to the DAO treasury. This includes revenue from the main interface, Aave App, Aave Card, Aave Pro and enterprise product Aave Kit.
Standard Chartered said Aave has largely recovered from the disruption caused by the April KelpDAO exploit.
Attackers used around $290 million in stolen assets as collateral on Aave to borrow other tokens, creating potential losses and prompting depositors to withdraw funds.
Kendrick said assets have started returning to the platform and that Aave remains positioned to maintain its lead in decentralized lending.
The bank expects the value of tokenized assets actively used in decentralized finance to increase 37 times by 2030.
Aave could benefit directly from that expansion because its revenue is closely tied to the amount of assets deposited and borrowed through its markets.
The protocol is also expanding through Horizon, an institutional lending market that allows qualified users to borrow stablecoins against tokenized real world assets.
Standard Chartered identified a possible restart of Aave’s token buyback program as another potential catalyst for the token.
At its peak in October 2025, Aave held roughly $75 billion in deposits. Kendrick said that level would have placed the protocol among the 30 largest banks in the United States by deposits.
AAVE was last trading near $76, up about 5% on the day.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Aave’s fourth-generation lending protocol just crossed a milestone that took its predecessor months longer to hit. Deposits on Aave v4’s Ethereum deployment have climbed to roughly $200 million, effectively doubling from around $100 million just one month earlier.
Active loans sit at approximately $60 million. For a protocol that only went live on March 30, 2026, that’s a trajectory worth paying attention to.
From $25M to $200M in under three months By early May 2026, deposits had already jumped from roughly $25 million to over $50 million. Then came another doubling to $100 million. And now, $200 million.
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The governance side has kept pace with the capital inflows. On May 4, 2026, the Aave DAO approved v4 activation with near-unanimous support.
Aave v4 introduced what the team calls a “hub-and-spoke” design. Instead of one monolithic lending pool where all assets mingle and share risk, v4 segments liquidity into distinct hubs, each with its own risk parameters. The initial launch included three Liquidity Hubs labeled Core, Prime, and Plus.
The utilization gap tells its own story Aave v4’s utilization rates currently hover between 30% and 48%. That’s notably lower than Aave v3, which has historically operated at higher utilization levels across its mature markets.
Aave Labs has taken a deliberately conservative approach to v4’s rollout, favoring security over speed. It’s also worth noting that v4 runs alongside v3 rather than replacing it. Users can choose which version to interact with, and many borrowers with existing v3 positions have little incentive to migrate until v4 offers materially better rates or capabilities.
Real-world assets enter the frame Aave v4 has signaled intentions to support tokenized real-world assets, though without rushing to scale aggressively in that direction. The modular hub structure makes this feasible, as a dedicated hub for RWAs could operate with parameters suited to the risk profile of those assets, separate from the more volatile crypto-native markets, without requiring a protocol-level overhaul.
What this means for investors The current 30% to 48% utilization range is the number to watch. If borrowing demand catches up to deposit growth over the coming months, it would drive fee revenue higher. If utilization stays flat while deposits keep climbing, the protocol is accumulating idle capital, which is not favorable for token holders looking for fundamental value accrual.
New smart contract architectures carry inherent technical risk regardless of audit coverage. The phased rollout and conservative parameters mitigate this, but they don’t eliminate it. V4 is still a young protocol operating in parallel with its battle-tested predecessor, and the borrowing side of the equation hasn’t yet caught up to the lending side.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Standard Chartered has identified the growing trend of tokenization in decentralized finance as a major opportunity for Aave. According to a newly published research note from the bank, broader adoption of tokenized assets could help boost deposits on the protocol and stimulate lending activity within its ecosystem.
Expectations for easing market pressuresGeoff Kendrick, global head of digital asset research at Standard Chartered, highlighted that despite recent pressures, Aave remains the largest protocol in decentralized lending. The research note pointed to both the recent weakness in cryptocurrency prices and the KelpDAO-related event in April as factors affecting the protocol’s recent performance.
The bank stated that the $292 million KelpDAO incident contributed to lower activity on Aave during the relevant period. These developments, according to Standard Chartered, also weighed on the protocol’s lending market share.
Mini glossary: Tokenization refers to the representation of traditional assets, such as stocks, bonds, fund shares, or real estate, as digital tokens on a blockchain. The term “real-world assets” is often used to describe these types of financial instruments that originate outside blockchain networks.
Geoff Kendrick explained that the impact of low asset prices and the negative consequences of the KelpDAO incident appear to be fading. He further indicated that the bank expects digital asset prices to rise towards the end of the year.
In line with this assessment, Standard Chartered expects operating conditions for Aave to improve once again. The research note emphasized that following recent disruptions, the platform is entering a more favorable environment.
Aave’s $75 billion deposit base stands outStandard Chartered also compared Aave’s deposit scale to that of traditional banks. Kendrick noted that as of October 2025, the protocol’s deposit base had reached approximately $75 billion. Judged solely on deposit volume, this would place Aave among the top 30 largest banks in the United States.
The bank believes this scale could be regained—and even surpassed—in the future. The report added that growing use of tokenized assets as collateral in decentralized finance could unlock new sources of liquidity.
Tokenized assets could drive new flows to AaveThe research builds on Standard Chartered’s earlier tokenization frameworks, now applied to decentralized lending. The bank sees tokenized real-world assets fueling new lending demand on on-chain platforms. In this context, Aave emerges as a leading protocol for loans backed by such assets.
Kendrick further stated that overall growth in the tokenized asset market may help decentralized finance protocols attract more deposits. Lending platforms with large liquidity pools, he noted, are especially well-positioned to benefit from this trend.
Standard Chartered previously forecast that total value locked in decentralized finance could reach $2.7 trillion by 2030, based on anticipated growth in tokenized real-world assets and crypto-native products.
The same report also discussed the implications for decentralized exchanges linked to tokenized asset markets. Kendrick cited Uniswap as a standout platform in this space, thanks to its scale, market recognition, and track record across various market cycles.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
With over four years of experience in covering and tracking the financial markets, Sneha Agrawal is a dedicated Crypto Journalist and Editor with passion for researching and writing the crypto pieces. She is currently leading the Block of Fame, here at CoinGape. She likes to keep track of political, legal and financial happenings all around the world - without which she deems her day incomplete. Apart from her Journalistic endeavours, she is a solo traveler, museum goer, and a keen reader of books.
TL;DR Standard Chartered coverage has reportedly put Aave back in the institutional DeFi conversation. The key theme is whether real-world assets and stablecoin liquidity can drive a new phase of lending protocol growth. The article frames the call cautiously because the full analyst note is not fully public. Aave Gets A TradFi Research Spotlight Aave is receiving fresh attention after Standard Chartered reportedly initiated coverage around the DeFi lending protocol, adding another traditional finance voice to a sector that spent the past cycle trying to prove it can move beyond speculative yield. The call matters because bank research coverage does not automatically change on-chain fundamentals, but it can influence how wealth desks, institutional investors and corporate strategy teams talk about DeFi.
The broad argument is straightforward: if stablecoins and tokenized real-world assets continue to grow, lending markets need deep, liquid venues where collateral can be priced, borrowed against and managed. Aave already sits near the center of that market structure. It has survived multiple market cycles, built a large liquidity base and remained one of the better-known names in decentralized lending.
Why RWAs Change The Conversation The institutional DeFi thesis is no longer only about traders borrowing against volatile crypto collateral. Increasingly, the market is watching whether tokenized treasuries, fund shares, private credit and stablecoin settlement can feed into lending markets. That is where the Aave discussion becomes more interesting. If real-world assets become larger on-chain collateral pools, lending protocols could start to look less like niche crypto apps and more like programmable credit infrastructure.
That does not mean the transition is simple. RWAs bring legal, custody, pricing and liquidation questions that are very different from ETH or wrapped Bitcoin collateral. Lending protocols must also satisfy institutional risk teams that care about governance, oracle design, smart-contract risk, regulatory treatment and counterparty exposure.
Aave’s Advantage And Its Risk Aave’s advantage is familiarity. Many crypto-native institutions already understand how the protocol works, and its governance process gives the market a visible way to track changes. But that same openness also introduces complexity. If institutional capital begins using DeFi rails in size, governance votes and risk parameter changes become more important, not less.
The strongest version of the Aave bull case is that the protocol becomes a neutral liquidity layer for a wider on-chain finance stack. The weaker version is that institutional adoption remains more narrative than volume, with most regulated capital preferring permissioned venues and private settlement systems.
A Measured Signal For DeFi The main takeaway is not that a single bank research note guarantees a DeFi boom. It is that major financial institutions are still studying lending protocols as potential infrastructure rather than treating them only as speculative crypto products. That alone is a useful signal after a difficult period for DeFi valuations.
For traders, the Aave story now sits at the intersection of tokenized assets, stablecoin liquidity and the broader market’s appetite for risk. If those flows recover, lending protocols could become one of the first places where stronger activity shows up on-chain.
This coverage is based on information from Standard Chartered.
This article was written by the News Desk and edited by Samuel Rae.
Ether falls harder than Bitcoin in a market-wide risk-off move, while Aave bucks the selloff on V4 and Grayscale tailwinds; total DeFi value drops to about $69 billion
Bitcoin slid below $60,000 and Ether fell harder still on Wednesday, as a selloff in AI and semiconductor stocks and rising bets on a Federal Reserve rate hike pushed investors out of risk assets across the board.
Bitcoin dropped about 4% over the prior 24 hours, slipping under the $60,000 level for the first time in roughly two weeks, while Ether fell about 5%, according to data from CoinGecko. The broad crypto market followed equities lower: total value locked in DeFi protocols fell to about $69.3 billion from roughly $73.2 billion a day earlier, a one-day drop of about 5%, DefiLlama data show.
A Macro-Led SelloffThe immediate trigger sat in equity markets. The Nasdaq Composite closed the prior session down about 2.2%, dragged lower by a sharp drop in semiconductor and AI-linked shares, with a closely watched chip index falling roughly 8%.
Compounding the equity weakness, traders sharply raised the odds of a Federal Reserve rate hike this year after the central bank held its target range at 3.50% to 3.75% but dropped its easing bias. Higher rates lift the dollar and raise the opportunity cost of holding non-yielding assets, a headwind for Bitcoin and Ether alike. The U.S. Dollar Index climbed to its highest level in more than a year.
Institutional flows have reinforced the pressure. U.S. spot Bitcoin ETFs have logged their largest 30-day outflow on record, with redemptions running for five straight weeks, according to figures circulated by The Kobeissi Letter. ETF redemptions force authorized participants to sell spot Bitcoin into the market, adding mechanical selling pressure on top of the macro move.
Aave Bucks the TrendAgainst a sea of red, Aave was the standout gainer among large-cap tokens, with its AAVE governance token rising about 4% over 24 hours even as the rest of the market fell, CoinGecko data show. Aave, one of the largest decentralized lending protocols with roughly $12 billion in deposits, has drawn a cluster of bullish catalysts this month.
Standard Chartered initiated coverage of Aave on Tuesday with a price target of $3,500 by end-2030, up 50x from roughly $70 today. The same week, Aave published a security audit tied to its V4 upgrade and founder Stani Kulechov outlined a proposal to bring traditional securities-finance markets onchain.
The LaggardsThe sell-off hit higher-beta large caps the hardest. Cardano's ADA token slid about 6% over 24 hours, the worst performer among major tokens, while Dogecoin's DOGE fell about 6% and Chainlink's LINK dropped roughly 5%, all underperforming Bitcoin's 4% decline, per CoinGecko. Solana's SOL and XRP each fell about 4%, roughly in line with Bitcoin, while BNB slipped about 4%.
Tron's TRX held up best among majors, falling less than 1%, and Hyperliquid's HYPE fell about 3%. None of the laggards showed a token-specific catalyst on the day; the moves tracked the broad risk-off flush rather than any protocol-level development.
LiquidationsThe decline looks orderly rather than disorderly. Liquidations across the market totaled more than $700 million over 24 hours, with the large majority hitting long positions — a sign that leverage is being flushed rather than fresh capital fleeing in panic. That leverage reset can reduce the risk of a sudden cascade lower.
The next catalysts are macro, not onchain. Traders are watching upcoming U.S. inflation data, which could reset rate-hike expectations, and any stabilization in ETF flows that would signal institutional demand returning.
In brief Standard Chartered forecasts AAVE will rise ~50x from ~$70 earlier Wednesday to $3,500 by the end of 2030. The bank believes Aave has moved past an April liquidity crunch that halved deposits, and expects the token to track a projected 37x growth in DeFi assets by 2030. The bullish case depends on unproven steps, such as Aave Horizon through new partnerships with traditional finance firms. Analysts at Standard Chartered are betting big on Aave, one of the largest lending platforms in decentralized finance (DeFi), projecting that its native token could surge nearly 50 times from current levels by the end of the decade—a forecast that arrives just months after the protocol was rattled by a major ecosystem exploit.
In a research note released Wednesday, Geoff Kendrick, the bank's global head of digital assets research, initiated coverage of Aave's token (AAVE) with a price target of $3,500 by the end of 2030—up from roughly $70 when the report was released Wednesday morning.
The bank expects the token to climb in stages, reaching $180 by the end of this year before accelerating to $600, $1,200 and $2,200 over the following three years before hitting the aforementioned projection.
AAVE hit an all-time high price above $661 back in 2021, but hasn’t come close to that mark since, despite rallying to nearly $400 in late 2024 following President Donald Trump’s reelection.
The optimism follows a rough stretch for Aave, which automates lending and borrowing without human middlemen. An April theft of $291 million from a smaller DeFi platform, KelpDAO, spilled over into Aave, impacting liquidity while spooking many DeFi users into withdrawing their assets altogether.
Deposits on the platform have roughly halved since, falling from $44 billion to $23 billion, while active loans have similarly fallen from $18 million to $9.5 billion in the same span. Aave's share of the broader lending market has slipped to 38% of deposits, Standard Chartered said, down from an average of 59% in the year before the incident.
Standard Chartered argues that the damage has largely run its course, pointing to a new risk framework proposed by Aave founder Stani Kulechov and a recent uptick in deposits from a June low. The bank's bigger bet is on the broader trajectory of decentralized finance: It forecasts that the value of tokenized assets deployed in DeFi will grow 37-fold, to $2.7 trillion, by 2030, fueled by the expansion of stablecoins, tokenized real-world assets from TradFi giants, and rising crypto prices.
Because Aave collects fees primarily through the spread between what it pays depositors and charges borrowers, the bank argues its revenue—and by extension its token price—should track that growth closely.
Still, the forecast carries substantial uncertainty. Standard Chartered itself cautions that scaling Aave's institutional lending arm, known as Aave Horizon, is "achievable but not yet proven," and hinges on partnerships with traditional finance firms that have yet to materialize at scale.
Digital asset prices also remain notoriously volatile, with Bitcoin falling to a 21-month low on Wednesday and most other major assets dipping alongside. AAVE rose above $77 earlier in the day, following the report’s release, but then gave up most of the gains as the market sputtered—but it has since topped $79, up nearly 9% on the day as Bitcoin starts to recover.
Alongside its projection of AAVE hitting $3,500 by the end of 2030, Standard Chartered’s report stated price targets of $40,000 for Ethereum (up from $1,614 as of this writing) and $500,000 for Bitcoin (currently $60,831).
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In brief Standard Chartered forecasts AAVE will rise ~50x from ~$70 earlier Wednesday to $3,500 by the end of 2030. The bank believes Aave has moved past an April liquidity crunch that halved deposits, and expects the token to track a projected 37x growth in DeFi assets by 2030. The bullish case depends on unproven steps, such as Aave Horizon through new partnerships with traditional finance firms. Analysts at Standard Chartered are betting big on Aave, one of the largest lending platforms in decentralized finance (DeFi), projecting that its native token could surge nearly 50 times from current levels by the end of the decade—a forecast that arrives just months after the protocol was rattled by a major ecosystem exploit.
In a research note released Wednesday, Geoff Kendrick, the bank's global head of digital assets research, initiated coverage of Aave's token (AAVE) with a price target of $3,500 by the end of 2030—up from roughly $70 when the report was released Wednesday morning.
The bank expects the token to climb in stages, reaching $180 by the end of this year before accelerating to $600, $1,200 and $2,200 over the following three years before hitting the aforementioned projection.
AAVE hit an all-time high price above $661 back in 2021, but hasn’t come close to that mark since, despite rallying to nearly $400 in late 2024 following President Donald Trump’s reelection.
The optimism follows a rough stretch for Aave, which automates lending and borrowing without human middlemen. An April theft of $291 million from a smaller DeFi platform, KelpDAO, spilled over into Aave, impacting liquidity while spooking many DeFi users into withdrawing their assets altogether.
Deposits on the platform have roughly halved since, falling from $44 billion to $23 billion, while active loans have similarly fallen from $18 million to $9.5 billion in the same span. Aave's share of the broader lending market has slipped to 38% of deposits, Standard Chartered said, down from an average of 59% in the year before the incident.
Standard Chartered argues that the damage has largely run its course, pointing to a new risk framework proposed by Aave founder Stani Kulechov and a recent uptick in deposits from a June low. The bank's bigger bet is on the broader trajectory of decentralized finance: It forecasts that the value of tokenized assets deployed in DeFi will grow 37-fold, to $2.7 trillion, by 2030, fueled by the expansion of stablecoins, tokenized real-world assets from TradFi giants, and rising crypto prices.
Because Aave collects fees primarily through the spread between what it pays depositors and charges borrowers, the bank argues its revenue—and by extension its token price—should track that growth closely.
Still, the forecast carries substantial uncertainty. Standard Chartered itself cautions that scaling Aave's institutional lending arm, known as Aave Horizon, is "achievable but not yet proven," and hinges on partnerships with traditional finance firms that have yet to materialize at scale.
Digital asset prices also remain notoriously volatile, with Bitcoin falling to a 21-month low on Wednesday and most other major assets dipping alongside. AAVE rose above $77 earlier in the day, following the report’s release, but then gave up most of the gains as the market sputtered—but it has since topped $79, up nearly 9% on the day as Bitcoin starts to recover.
Alongside its projection of AAVE hitting $3,500 by the end of 2030, Standard Chartered’s report stated price targets of $40,000 for Ethereum (up from $1,614 as of this writing) and $500,000 for Bitcoin (currently $60,831).
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The broader cryptocurrency market remains under intense selling pressure, with Bitcoin (BTC) back at $60,000 for the third time this year. On-chain data shows selling pressure from large-wallet investors, commonly referred to as whales, while total liquidations hit nearly $1 billion in 24 hours. Although sellers remain dominant, DeFi tokens such as Aave (AAVE) and Jupiter (JUP) show resilience and emerge as top performers in the same time period.
Crushing pressure on the crypto marketThe total crypto market cap has fallen by 54% from its October 2025 peak, erasing roughly $2.2 trillion in value over that period, as previously reported by FXStreet. Amid the declining period, total liquidations of $984 million over the last 24 hours, driven by $799 million in long liquidations, indicate firm sell-side dominance among investors.
Adding to the selling pressure, Santiment data shows the whales holding 10 to 10,000 BTC have offloaded 45,074 BTC over the past 8 days. Typically, outflows from such large wallets weigh on crypto, leading to an extended decline.
Crypto liquidation data. Source: CoinGlass
Bitcoin whales holding data. Source: SantimentBitcoin defends a key psychological supportBitcoin hovers above $60,000 at press time on Thursday, holding just above the key horizontal floor. The King Crypto maintains a bearish near-term bias while remaining capped well below the 50-day Exponential Moving Average (EMA) at $68,229 and the 200-day EMA at $78,198.
That said, the Moving Average Convergence Divergence (MACD) risks crossing below its signal line, hinting at a renewal of bearish momentum. At the same time, the Relative Strength Index (RSI) near 33 still reflects weak demand after the recent slide.
On the downside, immediate support is located at the $60,000 area, where a clear break would expose deeper losses and signal a continuation of the broader correction.
BTC/USDT daily price chart.On the topside, initial resistance appears at the 50-day EMA around $68,229, followed by the former rising trendline break near $73,636 and then the 200-day EMA at $78,198; only a sustained recovery above this layered resistance zone would ease the current downside pressure.
DeFi tokens emerge as resilient cryptoAAVE hovers above its 50-day EMA at $79.45 at press time on Thursday, following its 10% rise the previous day. From a technical perspective, the DeFi token extends a positive rebound in a falling channel pattern, maintaining its near‑term constructive bias. That said, the overhead resistance trendline near the $100 mark, followed by the 200-day EMA at $118, caps the short-term recovery phase. This configuration suggests price is building a short-term base above dynamic support but remains embedded in a broader corrective phase.
Momentum supports the recovery tone, with the RSI near 61 and MACD holding above its signal line, both hinting that buyers retain the upper hand as long as the 50-day EMA holds.
On the topside, initial resistance aligns with the long-standing downward trendline near $100, and above that, the 200-day EMA at $118 acts as a more strategic barrier, limiting any medium-term bullish extension.
AAVE/USDT daily price chart.On the downside, the 50-day EMA at $79.45 is the first meaningful support; a daily close back below this level would undermine the nascent bullish structure and expose the pair to a deeper pullback, while holding above it would keep the recovery path open toward the $100 area.
Jupiter hovers above its 200-day EMA at $0.2198, with the 50-day EMA at $0.1910 underpinning support. The DeFi token maintains a neutral-to-slightly constructive bias as price tests the longer-term average. A rising RSI near 63, a positive MACD line above zero, and a constructive histogram suggest buyers retain the initiative while this squeeze between key EMAs persists.
On the topside, immediate resistance is at the 200-day EMA around $0.2198, with a subsequent hurdle near the downtrend resistance line projected from prior highs at around $0.2498, where a decisive break would signal a more convincing bullish reversal.
JUP/USDT daily price chart.On the downside, initial support is seen at the 50-day EMA at $0.1910, and a daily close back below this level would weaken the current recovery structure and expose the recent range lows.
(The technical analysis of this story was written with the help of an AI tool.)
Aave (AAVE) extends its rally, trading above $81 on Thursday after closing above its key resistance and surging more than 10% the previous day. The bullish move is supported by improving on-chain metrics, with USDT deposits flowing back into the protocol and strengthening its lending ecosystem. In addition, rising Open Interest (OI) and positive funding rates in the derivatives market suggest traders are increasingly positioning for further upside.
Strengthening the lending ecosystemStani Kulechov, Aave's founder, posted on X on Wednesday that USDT deposits are flowing back to the protocol, with the Ethereum V3 Core market approaching $3 billion in deposits, a sharp rise since mid-June. This increase in USDT liquidity signals a bullish outlook for the Aave ecosystem and its native token, AAVE, as it strengthens the lending ecosystem, increases the protocol's borrowing capacity, and offers yield opportunities.
USDT deposits Aave V3 chart.Derivatives metrics show bullish biasOn the derivatives side, metrics support a positive outlook. Aave’s futures OI rises to $283.33 million on Thursday from $193 million on June 11 and has been continuously rising since mid-June. Increasing OI indicates new or additional money entering the market and new buying, suggesting a bullish trend.
AAVE open interest chart. Source: CoinglassIn addition, the funding rate turns positive on Tuesday, reading 0.0014% on Thursday, indicating that longs are paying shorts and suggesting bullish sentiment.
Aave funding rate chart. Source: CoinglassAave Price Forecast: AAVE could extend gains if the 50-day EMA holdsAAVE trades at $81.70 on Thursday, extending a constructive near-term bias as price holds above the 50-day Exponential Moving Average (EMA) at $79.44 and has reclaimed the former downtrend resistance line, which now offers support near $72.23.
Momentum remains favorable, with the Relative Strength Index (RSI) hovering in bullish territory around 61 and the Moving Average Convergence Divergence (MACD) line holding above its signal and zero, which suggests buyers still retain control despite significant overhead levels.
On the topside, initial resistance is at the horizontal cap near $88.73, followed by the 100-day EMA near $91.36 and then the more important 200-day EMA near $117.78, where the broader bearish structure would be challenged.
On the downside, immediate support is seen at the 50-day EMA at $79.44, ahead of the reclaimed downtrend line around $72.23 and the prior horizontal floor near $60.96, a loss of which would seriously weaken the current bullish recovery phase.
(The technical analysis of this story was written with the help of an AI tool.)
Aave climbed more than 15% in 24 hours to trade around $82.77, bucking a broad crypto selloff that dragged Bitcoin (BTC) below $60,000 for the third time in June.
While most major tokens fell in lockstep with a broader crypto leverage selloff, AAVE pushed higher on improving protocol fundamentals and fresh institutional attention.
USDT Deposits Signal Returning CapitalOn-chain data is driving some of the renewed interest. USDT deposits are flowing back into the protocol, with Aave’s Ethereum V3 Core market approaching $3 billion in stablecoin deposits.
The returning liquidity strengthens Aave’s lending capacity and improves yield opportunities for depositors, two factors that tend to attract additional capital to the Aave DeFi protocol.
Standard Chartered’s 50x Call Now in FocusThe rally comes a day after Standard Chartered initiated coverage on AAVE with a $3,500 price target by the end of 2030. The bank’s global head of digital assets research, Geoff Kendrick, described Aave as an on-chain bank. He flagged a 37-times increase in assets active in Decentralized Finance (DeFi) as the core driver.
Aave has continued to rally after the news from Standard Chartered. Image Source: BeInCrypto The Standard Chartered Aave price forecast ties most of its upside to tokenized real-world assets flowing into the protocol via Aave Horizon.
Meanwhile, Bitcoin’s brief drop below $60,000 on June 24 reflected broader risk-off pressure from AI stock and sustained ETF outflows.
AAVE’s rally through that backdrop suggests capital is selectively rotating into DeFi. This is a trend the longer-term AAVE outlook will need to sustain to validate Standard Chartered’s ambitious target.
KyberSwap today announced today its collaboration with Torus to offer an intuitive one-click wallet creation and management process using social media logins.
User-Friendly Wallet Management Comes to Kyber KyberSwap, a fast and secure non-custodial crypto exchange powered by Kyber Network, has integrated with Torus to allow users to seamlessly create a wallet directly through KyberSwap’s web interface with their Gmail or social media account.
The move comes as the DeFi segment of cryptocurrency continues to expand.
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Kyber is the 13th most significant protocol in the open finance market, with almost $4 million in total value locked at press time, according to DeFi Pulse.
Backed by Binance Labs, Coinbase Ventures, and Multicoin Capital, Torus is a simple and non-custodial gateway to the decentralized ecosystem of Web 3.0. It provides one-click social media login options such as Google, Facebook, Twitch, Discord, Reddit, and various fiat to crypto on-ramp services (including Wyre, MoonPay, and Ramp Network) in a single interface.
Using Torus does not require any browser extensions, installations or downloads.
KyberSwap Wanted to Remove Complexities Previously, KyberSwap’s services were only accessible to users who already owned an Ethereum wallet.
Integrating with Torus gives new users a better understanding of how Ethereum works. Sunny Jain, Head of Product at Kyber Network, said:
“We wanted a seamless wallet creation solution that most people will be instantly familiar with and one that abstracts all of the complexities and blockchain jargon typically associated with DApps. With these considerations, Torus was a natural choice for us.”
The tie-up could help bring new users into DeFi through a more intuitive interface on Kyber as it gears up for its Katalyst protocol upgrade. A Torus spokesperson said they were, “looking forward to mainstream and new users of DeFi to experience it for themselves.”
KyberSwap is accessible via its website and Android mobile app.
Disclosure: This article was edited by Paul de Havilland. For more information on how we create and review content, see our Editorial Policy.
Vitalik Buterin is one of the most influential people in crypto. He has amassed substantial wealth thanks to his role in creating Ethereum. We calculated his net worth.
Buterin wasn’t rich prior to creating Ethereum. His first major windfall was in 2014. That year he dropped out, at 20 years old, after receiving $100,000 through a Thiel Fellowship. From there his wealth only grew.
The crowdsale for Ethereum began in July of 2014 and raised Bitcoin worth, at the time, $18.3 million. From there, he was able to secure a six-figure salary from the Ethereum Foundation, the non-profit born out of the raise.
However, his main source of wealth is the hundreds of thousands of Ethereum tokens he was able to hold on to from the cryptocurrency’s pre-mine. This gave the foundation and its founders a little under 12 million ETH, which now represents about 11% of the circulating supply.
Though Buterin hasn’t publicly revealed his financial position, his wallet addresses and public statements are enough to get a decent estimate.
Vitalik Buterin’s Cryptocurrency Holdings Looking at his primary wallet addresses, Buterin owns about 352,000 ETH at a current value of $46 million. Between his three main wallets, he also holds ERC-20 tokens worth over $900,000.
These ERC-20s include Augur (REP), Maker (MKR), Kyber Network (KNC), and OmiseGO (OMG).
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However, he also said in February of last year that he held Bitcoin, Bitcoin Cash, Zcash, and Dogecoin worth over “10% the value of my ETH.”
Crypto Briefing calculated his Ethereum holdings on the day of his statement. Though he did not specify the precise investment in each of these coins, we gave each coin an equal allocation of 15% of the value of his ETH, adjusted by historic prices, for simplicity.
Adjusting his Ethereum holdings back to February 2019 levels, his holdings would amount to roughly 2,000 BTC, 58,000 BCH, 140,000 ZEC, and 3.6 million DOGE.
Assuming he held everything, these coins would make up 37% of his portfolio at current prices, or about $35 million.
Since then, the prices for these coins have fluctuated substantially, in line with the massive amounts of volatility in the market. At its peak in early 2018, Vitalik Buterin’s cryptocurrency portfolio was worth well over half a billion dollars.
Today, Vitalik Buterin’s cryptocurrency portfolio amounts to roughly $82 million, composed mostly of Ethereum, Bitcoin, Bitcoin Cash, Doge, and Zcash.
What is Vitalik Buterin’s Salary? Outside of his cryptocurrency holdings, Vitalik Buterin has also disclosed that he earns a six-figure salary from the Ethereum Foundation. The last time he commented about his salary he revealed he was making roughly $144,000 per year.
Though this may seem high to some, Buterin claims he was offered an even higher salary and didn’t take it. “Others in the foundation (ie. the ones who actually decided these salary numbers) offered me $185k at one point; I declined,” he said. For the executive of a multi-billion dollar enterprise this salary seems relatively modest.
Vitalik Buterin’s current salary is estimated at somewhere between $140,000 and $250,000.
Cash and Equity Holdings There’s more to the picture. Buterin also has a substantial portion of his wealth in cash. In March of 2019, in a now-deleted tweet, Buterin said that his “fiat holdings are well under $30m,” attributed to $8 million in charitable contributions he disclosed.
Looking at the rest of his finances, Crypto Briefing estimated his fiat holdings at $12 million, bringing his net worth up to $94 million.
But that isn’t all, Buterin also owns “significant corporate shareholdings” in two companies: Clearmatics and Starkware. Clearmatics is a London-based company designing protocols for DeFi while StarkWare is building privacy software using zero-knowledge proofs.
Buterin did not disclose the exact amount invested nor his equity holdings in each of the startups. To date, Clearmatics has raised $13 million and StarkWare has raised $36 million, according to Crunchbase.
Between his cryptocurrency holdings, cash, and equity, it’s possible to calculate the Ethereum co-founder’s wealth. Vitalik Buterin’s net worth is $100 million.
Disclosure: This article was edited by Mitchell Moos. For more information on how we create and review content, see our Editorial Policy.
Top five browser, Opera, has today announced a partnership with Unstoppable Domains, a blockchain-based domain startup. The integration will offer 80 million users access to the decentralized internet via the latest web 3.0 browser.
Opera Becomes the Latest Web 3.0 Browser The latest integration with the Opera browser will allow users to access blockchain-based domains. By typing “.crypto” as one would type “.com,” Opera users will now be able to access decentralized websites.
Decentralized websites are those not hosted on centralized servers like Amazon Web Services. Using services like Amazon’s, news outlets, and businesses hand off control to a third-party. The third-party then has the power to cut off access and effectively end a website.
Unstoppable Domains are, instead, supported by decentralized tools like blockchain technologies. Brad Kam, a co-founder of Unstoppable Domains, said,
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“We believe that tools like Ethereum and IPFS will create a better internet than what exists with DNS and ICANN. It’s just beginning, but this system could replace the old internet entirely.”
The latest partnership with the Opera browser may help accelerate the company’s ambitions. In integrating Unstoppable Domains with a top-five browser, over 80 million users will be exposed to decentralized websites. Kam said, “Our partnership with Opera means that users can now view a .crypto website just as easily as a .com website.”
These websites also behave as cryptocurrency wallets and allow users to make crypto payments.
As a web 3.0 browser, users can now use Opera to connect with MyEtherWallet, Coinomi, Kyber’s Dex, and even Anthony “Pomp” Pompliano’s podcast by adding a “.crypto” in place of a “.com.”
🆕️Thanks to @unstoppableweb , the KyberWidget is now hosted on IPFS, meaning it can be used by anyone, anywhere in the world! Surf the decentralized web by installing the chrome extension https://t.co/Y7PilmeEKS and easily swap between 70+ ERC20 tokens 🔄 at kyber.crypto! #DeFi https://t.co/7lT8yDtpaf
— Kyber Network (@KyberNetwork) March 26, 2020
Unstoppable Domains has been lining up various other partnerships in 2020.
On Mar. 4, the company released a Google Chrome extension to bridge users to Web 3.0. The Tim Draper-backed startup has also made it easier for users to build and host a web domain on either the Ethereum or Zillqa blockchains.
For its part, Opera has long been a crypto proponent. The browser announced an Apple Pay integration earlier this month that lets users buy cryptocurrencies like Bitcoin and Ether directly through the browser.
Disclosure: This article was edited by Liam Kelly. For more information on how we create and review content, see our Editorial Policy.
The combined trading volumes from Ethereum-based decentralized exchanges (DEXes) rose 53% to an all-time high of $668 million in March 2020. This is according to analytics from Dune.
Interest in DEXes on the rise At the time of writing, the total trading volumes from DEXs stood at slightly over $9 million, pushing weekly volumes to $70.7 million.
Combined, this is down 54% if measured as a trailing 7-days growth.
The three most active DEXes are OX, Kyber Network, and Uniswap, drawing over $6 million in USD terms.
This finding is consistent with a parallel finding from DappRadar that confirmed that Ox, Uniswap, and Kyber Network were the most active.
To be specific, OX had over $3.1 million worth of digital assets traded in the last 24 hours. This represents a market share of 33 percent, almost twice that of Kyber Network which stood at 17.7 percent.
DEX Market Share Ox, Uniswap, and Kyber Network are dominant However, the most interesting observation was the consistency of DEX trading. Over the last year, its growth has been linear and positive sloping.
For example, over the last nine months, volumes have almost doubled from $289 million of July 2019 to $668 million by the end of March.
“DEX volumes landed at an all-time high of $668 million for March! Up 53% from last ATH in February. Interestingly, it’s the first time DEX volumes are soaring on a falling ETH price.”
During this time, ETH prices fluctuated widely. After peaking in June 2019, bears took charge and forced a sell-off towards $130.
However, prices recovered in Dec 2019, rallying to around $290 before falling back to lows of $110 in March.
The growth, therefore, is amid a steep decline in ETH prices, a positive development.
Coincidentally, the drop was at the backdrop of drying liquidity in centralized exchanges.
DEX challenges and benefits Although dominant and scalable unlike DEXes, most of which are based in Ethereum and its scalability dependent on the network’s throughput, traders seem to have refrained from placing orders as asset prices took a beating from Mar 12-13.
Nonetheless, DEXes are secure than centralized versions as Binance or Coinbase. Traders have full control of their assets.
The prices of many altcoins dropped significantly post the market crash on 12 March. However, many are still optimistic that the coins will put up a good show through the course of 2020. Cardano’s Charles Hoskinson, for instance, is of the opinion that Cardano will outperform Bitcoin, Ethereum, XRP and every other blockchain in the industry by the end of 2020.
Cardano
There might be a lot of positive sentiment around Cardano, but one look at the coin’s price chart might suggest otherwise.
Cardano has been trending downwards since 13 February. The coin saw another major drop on 7 March [65% drop], a movement that continued following the market crash on 12 March. However, the coin rose up within 3 days by 64% and it has since, been maintaining the support at $0.02.
There is a symmetrical triangle pattern being formed in the above chart, a development that indicated that the price might break out in either an upward or downward direction. However, the Awesome Oscillator indicator resting above the zero line with green bars confirmed an upward breakout.
The 46th ranked coin on CoinMarketCap had a good start at the beginning of 2020. As seen in the chart above, there was an upward trend seen; however, following 12 March, the price has been on a downward run as it fell by 39% over a period of seven days. Furthermore, the Bollinger Bands appeared to be contracting, a sign that there might be lower volatility levels over the coming days.
Kyber Network’s[KNC] price has been on the rise since the end of December 2019. The network also experienced significant growth in transaction volume, and this might be the pre-effect of the major protocol upgrade scheduled for Q2 of 2020. Looking at the above price v/s volatility chart, it can be seen that the price has been rising upwards since Jan 1, although it experienced a slight glitch post the crash. The volatility levels are also low. Investors seem to be believing in the long-term potential of KNC.
Press time price:$0.434452
Market Cap: $78,163,694
24-hour Trading Volume: $28,299,657
As the price of Bitcoin rose, many of the market’s altcoins followed suit. However, what was interesting about the market’s movement was that most alts were actually outperforming the world’s largest cryptocurrency, at press time, like Kyber Network, a token that recorded 151% in YTD returns.
Zcash [ZEC]
The 27th ranked coin on CoinMarketCap was performing better than most coins on 3 April as it reported 3.39% growth in its value over the past 24 hours. The coin was being traded at $32.56, at press time, and had a market cap of $312.99 million. The 24-hour trading volume of the coin was $420.75 million.
The coin, while it has established an identity of its own as a privacy-centric cryptocurrency, has failed to impress many with its price movements as its value keeps falling on the charts.
However, according to the Chaikin Money Flow Indicator, the coin had entered the buying zone on the charts, a sign of what could be rising prices in the near future.
Bitcoin Gold [BTG]
Bitcoin Gold, with a market cap of around $131.12 million, was ranked 38th on CoinMarketCap’s charts. However, as the price of Bitcoin reacted to the buyers, the price of most altcoins shot up, including BTG’s. The coin was reporting 2.25% gains in a day, with a 24-hour trading volume of $21.55 million, at press time.
According to the Bollinger Bands, the volatility in the market had fallen as the bands converged and bullishness was back in the market, with the moving average sliding under the candlesticks.
Just recently, BTG saw its adoption scale a new level after Cryptwerk enabled users to identify merchants, shops, and services that accept BTG.
Kyber Network [KNC]
Kyber Network had been a popular alt among many investors, especially when the coin was reporting 151.18% in YTD returns. The coin had been marching upwards until it, alongside the rest of the market, collapsed on 12 March. However, the fall wasn’t enough to wipe out its gains. KNC was being traded at $0.4492 with a market cap of $79.61 million, at the time of writing. Its 24-hour trading volume was noted to be $32.96 million.
According to the Relative Strength Index, the coin was slumping towards the overbought zone. However, interest from investors is expected to remain strong as Kyber Network moves towards a protocol upgrade in Q2 of 2020
Trading close to its yearly lows, 2020 has been a conflicting year for the second-largest cryptocurrency by market cap – Ethereum. Over the years, Ethereum has emerged as a leader in the DeFi space.
In the latest development, when compared to other “high-profile” ERC-20 based projects such as Kyber Network [KNC], ZRX, Reputation [REP] and Maker [MKR], Ethereum was observed to have stood out in terms of network growth over the past three months.
According to the crypto analytics platform, Santiment, the network growth which essentially shows the number of new addresses being created on the project’s respective network each day, is a key indicator of Ethereum’s long-term potential that looks promising.
Santiment further noted,
“Essentially, this chart illustrates user adoption over time, and can be used to identify when the project is gaining – or losing – traction.”
Despite the bearish price action of the crypto after the flash crash, its network growth has remained consistent throughout the past three months. The figures for the number of new addresses even climbed close to 95k in the third week of March, which happens to be a yearly high. This could be due to the intense spot trading by retail investors buying during the drop.
According to the data charted by Etherscan, Ethereum’s daily transaction chart has also been in an overall positive territory. Undeterred by the plummet in the second week of March, figures surged to 864k a few days later, a level unseen since November 2019.
In another development for the Ethereum ecosystem, the total amount of coins held on exchange addresses also soared. According to Glassnode’s latest chart, exchange balances for Ethereum has been on a rise since late 2019.
These figures have risen by over 21% to more than 18,187,000. This value represented approximately 16% of total Ethereum’s circulating supply. Additionally, the last time the figures for the total amount of ETH on exchange surged to this level was in December 2016.
On its price side, the cryptocurrency has been trading at $144.5, at press time, after a surge of 1.17% over the last 24-hours, as it held a market cap of $15.9 billion and a 24-hour trading volume of $15 million.
A wrath of class-action lawsuits hit a number of major cryptocurrency firms on Friday with the likes of Binance CEO Changpeng ‘CZ’ Zhao and Civic’s Vinny Lingham being accused of selling unregistered securities to US investors.
As reported by OffShoreAlert, a total of 11 complaints were filed against of 42 parties across the entire cryptocurrency industry.
Other firms included in the lawsuit aside from Binance include: BitMEX operator HDR Global Trading, Tron, Civic and Kyber Network.
The complaint against Binance states: “Binance and the Issuers wrongfully engaged in millions of transactions—including the solicitation, offer, and sale of securities—without registering the Tokens as securities, and without Binance registering with the SEC as an exchange or broker-dealer.
Just recorded this. Will be released tomorrow morning. CZ articulated a lot of what is happening at Binance, including a glimpse into potential plans for a DAO…make sure to listen tomorrow! https://t.co/4DtOXW7SBt
— Pomp 🌪 (@APompliano) April 4, 2020
“As a result, investors were not informed of the significant risks inherent in these investments, as federal and state securities laws require.”
The Securities and Exchange Commission has been clamping down on cryptocurrency firms over the past two years, slapping EOS with a $24 million fine over its $4 billion Initial Coin Offering (ICO) in 2018.
It also issued fines to two other ICO’s, Airfox and Paragon, with both companies having to refund investors more than $10 million in late 2018.
For more news, guides and cryptocurrency analysis, read here.
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.
Several juggernauts of the crypto-industry were named in a class action lawsuit for the alleged sale of unregistered securities. Those mentioned include Binance, BitMEX, Tron, Block.one, Kyber Network, and KuCoin, among dozens of others.
Crypto’s Biggest Companies Face Class-Action Lawsuits According to OffShoreAlert, 11 class action lawsuits were filed against 42 defendants in the Southern District of New York Court on April 3 for the sale of unregistered securities. The lawsuits have separately named industry giants such as Binance, BitMEX operator HDR Global Trading, Tron, Civic, Block.one, Kyber Network, Status, Bibox, Quantstamp, and KuCoin.
Apart from companies, the lawsuit also named several of their executives. Changpeng Zhao of Binance, Brendan Blumer and Larimer of Block.one (EOS), Vinny Lingham of Civic, and Arthur Hayes of BitMEX, to name a few.
All of the lawsuits were brought by Roche Freedman LLP, a law firm based in New York and Miami. The law firm is famous in the crypto industry for representing the estate of Dave Kleiman in its lawsuit against Craig Wright.
Judgement Day for ICO Issuers? Since 2017, ICO investors have collectively lost hundreds of millions of dollars after their investments lost 80% or more of their value. Under law, U.S. investors are entitled to a certain degree of transparency through financial disclosures mandated by the Securities Exchange Commission.
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During the mania, the crypto entrepreneurs who raised these millions often overlooked the legal implications. Cryptocurrency was an entirely new asset. Many played it fast and loose, and made off with huge sums of money with little accountability. A large number of these companies failed.
But, the handful that succeeded were wildly successful, and these are likely the ones worth suing. For these companies, their success might be catching up with them.
Legality of ICOs in Question The lawsuits were filed on behalf of several individuals, including Chase Williams, Alexander Clifford, Eric Lee, and William Zhang, but also include “all others similarly situated.” That is, other people who invested in these projects.
The plaintiffs have alleged that all of the 11 companies included in the lawsuit violated federal securities laws. These companies unlawfully created and issued securities, circumventing regulations through the use of tokens. Exchanges were also implicated for their role in selling these assets to investors in the United States.
What’s surprising is that it’s not just companies. The executives and directors of these industry juggernauts were also named. However, it’s expected that most of the companies included in the lawsuit will outright dismiss the assertions.
But, dismissing all the claims might be difficult. This case is not without precedent.
A judge in the Southern District of New York recently ruled that the tokens issued by Telegram were securities and should have been registered with the U.S. Securities and Exchange Commission. The Commission itself has said many times in the past that most ICOs are assumed to be securities, until proven otherwise. The burden of proof rests on the issuers.
Nevertheless, this lawsuit will put U.S. courts to the test. The 42 defendants named in the case reside in 16 different countries, many of which are lightly regulated. To further complicate matters, some of these companies do not even have bank accounts or established offices, making enforcement a herculean task.
Decentralization is a tenet in the world of Bitcoin. As such, the courts in New York may find it difficult to pin these companies down if they are found culpable.
Disclosure: This article was edited by Priyeshu Garg. For more information on how we create and review content, see our Editorial Policy.
The world’s leading cryptocurrency exchange, Binance has been on a development spree since the beginning of this year and has continued to push for global dominance. More recently, Binance announced the launch of Bitcoin Options trading further strengthening its hold in the derivatives market. Further, the crypto platform’s Indian expansion also catapulted its dominance in Asia.
Spot volume figures surpassed that of derivatives in March. And the winner among the top-tier exchanges was Binance trading $63.6 billion a surge of 19.2% in March.
However, it was the CoinMarketCap acquisition that shook the crypto world. US-based CMC is one of the oldest and popular crypto data site and it’s not surprising that the acquisition news left the community speculating the consequence of the deal. This not only led to massive discussions and debate but also resulted in Binance receiving the most web traffic amongst all exchanges in Q1 this year.
According to CoinGecko Q1 Report, Binance obtained a total of 66.6 million pageviews, over 4 times larger than Bithumb, Coinbase, or Upbit. Additionally, the platform accounted for over a quarter, i.e.,25%, of the top 20 exchanges web traffic, which happens to be by far the largest percentage. This was followed by the popular derivatives platform, BitMEX with roughly 15.8% of all crypto web traffic of the top 20 exchanges in Q1 2020.
The developments, however, have so far failed to charm the exchange token, BNB. Among the top-7 exchange token listed by CoinGecko, Binance Coin was the only token that flipped towards the negative side. Other exchange tokens such as OKB, Leo, Huobi Token [HT], FTT, all posted double-digit returns in Q1 with the best-performer being the Kyber Network [KNC] which surged all the way to 136%.
The positive price action and the massive returns posted by OKEx’s OKB could be attributed to the token burn earlier this year. The original supply of OKB was 1 billion tokens. However, 700 million of unissued OKB were burned by the OKEx Foundation in February this year following the launch of the OKChain TestNet.
Similar was the case with Huobi’s exchange token HT which generated around $100 million in revenue from its token burn in January 2020.
US officials: Israel has withdrawn troops from parts of the buffer zone in southern Lebanon.
A U.S. State Department official said Israel has withdrawn from parts of the buffer zone in southern Lebanon, describing the move as a "goodwill gesture" toward the Lebanese government.
6 minutes ago
CBRS trades below IPO price post-earnings: Erases all gains six weeks after listing, two smart money firms net $5.8 million from first-day IPO shorts.
According to Hyperinsight monitoring, Cerebras (CBRS), the AI chip firm previously dubbed "Nvidia’s strongest challenger", saw its stock price fall in stages after reporting its first quarterly results since going public, as negative guidance overshadowed better-than-expected performance. The stock has dropped roughly 22% since the earnings release and officially broke below its IPO price today. On-chain whales are overall bearish. CBRS trades at $184 on the Hyperliquid platform, down 7.7% in 24 hours. Large-scale short positions (million-dollar level) total around $11.62 million, 2.39 times the long positions ($4.87 million). Two major short positions were placed precisely at high levels as early as the IPO day or even before the IPO: - Whale 0xe0ff: Shorted at $284.51 on May 14 with a 3x leveraged position of $6.13 million, generating an unrealized profit of $3.24 million (+104%); - Whale 0x9996: Shorted at $275.92 on May 11 with a 5x leveraged position of $5.48 million, generating an unrealized profit of $2.64 million (+162%). It is learned that both addresses currently hold short positions in both CBRS and SPCX, and have recorded substantial unrealized profits, preferring to place short positions at high levels before or on the day of major stock listings. With the realization of negative earnings news in this round, the combined unrealized profit of the two positions is around $5.88 million. Currently, the average entry price of CBRS short whales is around $275, and the current price is over 30% lower than that. The nearest short liquidation line is at $200.13, about 7% away from the current price.
6 minutes ago
Multiple high-performing domestic public mutual fund products have tightened their purchase restrictions.
E Fund Management announced in its latest filing that the E Fund Information Industry Select Fund, managed by Zheng Xi, has cut its purchase limit to 10,000 yuan. The same purchase limit reduction to 10,000 yuan applies to another fund under his management, E Fund Information Industry Fund, while E Fund Global Growth Select Hybrid Fund (QDII) has lowered its purchase limit to 10 yuan. In addition, Guolianan Preferred Industry Fund, Harvest Tech Innovation Fund, and Principal Performance-Driven Fund have also announced purchase limits or adjustments to their limits recently. Jin Zicai, a fund manager closely watched by the market, imposed additional purchase limits on multiple public offering funds under his management, with the four funds involved cutting their purchase limits to 500 yuan starting June 23. Purchase limits on high-performing funds likely stem from multiple considerations: they can avoid return dilution caused by short-term concentrated subscriptions, and proactive limits during overheated market conditions also send risk warning signals to the market. As the first half of the year draws to a close, such moves have become increasingly frequent. Overall, Wind data shows that since June alone, 19 funds with year-to-date net asset value returns exceeding 90% have suspended large subscriptions or adjusted their purchase caps. (Source: Cailian Press)
6 minutes ago
The US stock market's optical communication sector rises across the board in pre-market trading, with Corning up 9.28%.
According to Bitget market data, the U.S. stock market's optical communication sector saw broad pre-market gains, with MRVL rising 4.99%, LITE up 3.24%, Nokia up 3.11%, Corning up 9.28%, and AXTI up 6.69%.
6 minutes ago
US-listed AI chip stocks saw mixed pre-market performance, with Qualcomm surging 13%.
According to Bitget market data, U.S. AI chip stocks posted mixed pre-market performance: Qualcomm (QCOM.O) surged 13%, Intel (INTC.O) rose nearly 6%, AMD (AMD.O) gained nearly 4%, and Google (GOOG.O) declined 1.4%.
6 minutes ago
Micron Technology surges 18% in pre-market trading on US stocks
According to Bitget market data, the US stock storage sector is seeing broad pre-market gains. Micron Technology (MU.O) jumps 18% in pre-market trading, as its strong earnings significantly exceeded expectations, with multiple major banks raising the stock’s target price. SanDisk (SNDK) rises 12.25%, Western Digital (WDC) gains 12.05%, and Seagate Technology (STX) climbs 8.63%.
SNX token climbs to $2.45 amid renewed investor interest in the decentralized derivatives platform, supported by technical indicators. Is there further upside potential.
Over the past week, Synthetix (SNX) has regained bullish momentum with its native token climbing 15% to 0.45. SNX has successfully breached its 50-day moving average. The token is now trading above both its 50-day and 100-day moving averages, a pattern that historically precedes extended rallies.
The price surge comes as technical indicators align to suggest continued upward movement, with SNX breaking above key resistance levels that had capped gains since late 2025.
SNX PUMPING AFTER ROBINHOOD LISTING
Synthetix: RWA Based Project
Big ETFs & institutions could be quietly accumulating. Do insiders know something big about the RWA(Real world assets) trend?
NFA || DYOR pic.twitter.com/FAd5EQTpc9
— Money Ape (@TheMoneyApe) February 19, 2026
DISCOVER: Top 20 Crypto to Buy in 2026
Robinhood Listing Is More Than Just A Convenience For Synthetix The Robinhood Listing is more than just a convenience; it is a liquidity gateway. Synthetix relies heavily on liquidity to function efficiently, as the SNX token is used as collateral to back the synthetic assets on its network.
According to the official announcement, Robinhood customers can now buy, sell, and trade SNX 24/7. This integration puts the token in front of a massive user base that typically engages in high-frequency Crypto Trading on mobile.
We’re excited to announce that customers can now trade Synthetix (SNX) on Robinhood.
This listing also clears up a common point of confusion. For years, eager investors sometimes confused the crypto ticker SNX with the stock ticker for TD SYNNEX, which also trades on Robinhood. This move clarifies that the DeFi asset is now officially part of the roster.
Historically, assets listed on major fintech apps see a surge in volume because the “friction” of buying is removed. You no longer need to understand gas fees or slippage to get exposure to the Synthetix protocol.
DISCOVER: 16+ New and Upcoming Binance Listings in 2026
Could Robinhood Listing Boost SNX Price? Or Is This Already Priced In? The big question on every trader’s mind is simple: Does this send the price up?
In the past, the “Robinhood Effect” has sent tokens rallying as retail money pours in. However, current market conditions are different than the speculative frenzy of 2021. While the price of SNX has seen a recent bump—trading up over 12% following the news—sustainable growth usually depends on the protocol’s usage, not just exchange availability.
While volume spikes are guaranteed, long-term price action will likely depend on the success of the upcoming Synthetix V3 upgrade.
DISCOVER: Top Solana Meme Coins to Buy in 2026
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Akriti Seth
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Akriti Seth is a Zurich-based Business Journalist and Crypto Editor. Her passion for journalism has taken her across the globe – from thriving as an on-television correspondent to writing engaging articles, she has worked for companies like Informa UK, Bloomberg... Read More
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Synthetix [SNX] price action is back on its bullish trajectory. At press time, the altcoin has recorded a strong 27% surge in the last 24 hours.
The token trading volume has also recorded significant gains, almost doubling to $140 millions over the same period.
With SNX’s price action reacting strongly to recent developments, the question is whether momentum can extend far enough to clear the liquidity clusters positioned above the current trading level.
OI confirms fresh institutional demand Consequently, Synthetix network’s Open Interest (OI) increased by $5 million. At press time, the total OI stood at at $21 million.
Usually, rising OI alongside price growth often signals a fresh influx of positions into the market. This suggests growing speculative and institutional demand.
The rally is not driven by spot traders alone. Derivatives activity is also expanding.
Source: CoinGlass Synthetix’s technical structure turns bullish On the daily chart, SNX has gained 58% since retesting a key descending triangle support, a move that marked a structural shift from compression to expansion.
The latest 27% daily surge confirms continuation strength, with buyers firmly in control. Still, sharp rallies often lead to brief pauses, making short‑term consolidation possible before the next move.
Source: TradingView $0.4254 resist stands out as the next target AMBCrypto analysis of the token’s liquidity data indicates a $68K cluster near the $0.4254 price level.
From past observations, liquidity clusters often attract price during strong trends. This makes $0.4254 the next key short-term target.
For the rally to extend, volume must stay elevated, and Synthetix’s OI must continue rising. If participation cools, price may consolidate before another push higher.
Source: CoinGlass Final Summary SNX prices have surged by 27% as trading volume doubles to $140M and open interest climbs to $21 million. A liquidity cluster at $0.4254 presented the price level as the next key target if bullish momentum is sustained.
As we march forward into 2026, we would like to take a moment to reflect on where Synthetix stands today and lay out clearly what lies ahead.
Late 2024, Synthetix was at a crossroads - stuck in a multi-year stall, pursuing outdated strategies and operating with a culture that had lost its edge. Over the last 12 months, we went far beyond making a few tweaks. We tore everything down and rebuilt from the ground up.
It was grueling. Late nights, tough decisions, and more than a few moments of doubt. But looking back, we are immensely proud of what this team achieved and confident we’re on the right path.
2025 was the execution year. 2026 is where we synthesize our DeFi roots with real scale: driving volume, unlocking composability, and enshrining Synthetix as the go-to perps venue on Ethereum Mainnet.
CEX performance with DeFi security.
TL;DRBuybacks & sUSD Peg Restoration: All trading revenue directed to SNX and sUSD buybacks. sUSD peg stability targeted by the end of Q2.Multi-Collateral Trading (April): Deposit ETH, cbBTC, and other assets as margin natively on Synthetix Perps - unlocking billions in idle Ethereum Mainnet capital.Basis Trade Vaults (Q2): Democratized access to delta-neutral basis trading strategies, with stablecoin asset representations backed by basis trades.Synthetix Liquidity Pool (SLP) Public Launch (Q2): Community-owned market-making vault - no management fees, no performance fees, currently ~45% annualized yields in private beta.Market Expansion: Crypto markets expanding through Q1, commodities from April, forex by June, and pre-launch perpetuals for high-attention pre-token protocols.Digital Dollars Vision: Transitioning sUSD into a fully decentralized, basis-trade-collateralized stablecoin - powered by the only Perp DEX with a native stablecoin.Synthetix 2026 RoadmapReshaping Synthetix2025 was the year we pivoted hard, overhauling EVERYTHING. We consolidated governance, we vertically integrated our product, we transitioned to delegated staking, and we deprecated all L2 AMMs in favor of a single Ethereum Mainnet CLOB Perp DEX.
We also completely transformed Synthetix culture, replacing a large part of the team, bringing in new talent with the specific skills required to build and scale a world-class derivatives venue. The apathy, complacency, and low accountability that had crept in during the 2022–2024 phase have been replaced with a culture of ownership, urgency, and product expertise.
Our list of 2025 accomplishments includes:
Launched Synthetix Perps natively on Ethereum Mainnet, running two trading competitions and launching in private beta in Q4.Designed, built, and launched a centralized limit orderbook (CLOB) perps exchange that operates with CEX-like speed/latency (<100ms) and an industry-leading UI and trading experience.Acquired Kwenta and TLX to own the frontend and trader UX, ensuring seamless, self-custodial trading owned and operated by Synthetix.Implemented delegated staking via SIP-420, boosting capital efficiency and improving the underlying mechanisms behind SNX and sUSD.Redesigned community-owned liquidity around the Synthetix Liquidity Pool (SLP), currently ~45% annualized yields during the private beta, and proving our model's viability.Grew staked collateral to over 50% of total circulating SNX, positioning us with deep liquidity reserves.Shifted focus to Ethereum Mainnet for its neutrality, composability, and trust, ditching the multi-chain fragmentation that held us back.These moves weren't easy, but they transformed Synthetix from a stalled protocol into a focused, CLOB-style perps engine rivaling CeFi in speed while maintaining DeFi’s security.
The Trading Competitions: Battle-Testing Our ProductThrough Q4 2025, Synthetix hosted two significant trading competitions to dial in our product before public launch.
Season 1 invited 100 elite traders and crypto personalities to compete for a $1,000,000+ prize pool, while Season 2 scaled to hundreds more. These proved invaluable opportunities for us to:
Stress-test our infrastructure under intense real-world conditions, uncover edge cases, and rapidly iterate on the product.Gather direct feedback from top traders, leading to rapid iterations on execution speed, slippage, UX, and overall trading performance.gmoney and Mando took home the crown for Season 1 and 2, respectively, while traders like Farokh, Larry Cermak, Cosmic, and Evgeny Gaeovy clutched top 10 positions across the seasons.
2026 Quarterly RoadmapQ1 (January – March)Buybacks commence: trading revenue → SNX and sUSD (50/50)sUSD peg restoration in progressContinued crypto market launchesQ2 (April – June)Incentive Program Launch (April)Multi-Collateral on Ethereum Mainnet (April)Commodity markets go live (April)Basis Trade Vaults launchSLP Vault public launchForex markets go live (June)sUSD peg achieves ongoing consistent stabilitySynthetix Teams launch with first competitionH2 (July – December)Digital Dollars: sUSD transitions to delta-hedged crypto collateral backingPre-launch perpetuals marketplace expansionAdvanced order types and risk management toolingContinued integrator partnerships and liquidity growthGrowth CatalystsMulti-Collateral on Ethereum Mainnet (April)Synthetix users will be able to deposit ETH, cbBTC, and other assets as margin natively on Synthetix Perps. This opens up the potential for billions worth of idle Ethereum Mainnet assets to become productive. This is unique to Synthetix being on Ethereum Mainnet, where we also have unparalleled access to the deepest on-chain spot liquidity, allowing us to launch multi-collateral when many competitors simply can't.
Multi-collateral enhances capital efficiency by allowing traders to use a diverse range of assets as margin without needing to convert them into a single base currency, reducing transaction costs and fees. It also provides greater flexibility and risk management, enabling users to maintain their preferred holdings while opening leveraged positions and mitigating volatility through portfolio diversification.
The infrastructure groundwork is already laid - our liquidation architecture, including SLP vault takeovers, is built to handle multi-collateral from day one.
Basis Trade Vaults (Q2)Synthetix Basis Trade Vaults will democratize access to basis trading strategies on Synthetix Perps by introducing a streamlined way for users to participate, focusing on capturing funding rates without the complexity of manual trading. By depositing supported native assets into the vault, users can automatically earn yields from funding rates and spot staking, all managed through smart contracts for optimal efficiency and minimal risk exposure.
Depositing into a basis trade vault will provide users with a stablecoin asset representation of their position, backed by a delta-neutral basis trade.
Sustainable Incentive Program (Q2)Points programs are most lucrative at the start of a new meta, with each additional points program becoming increasingly farmed and resulting in worse outcomes for real users.
Rather than designing yet another points scheme, we've created an entirely new incentive program that will meaningfully reward traders and incentivize organic trading activity.
We’re keeping this under wraps for now, but we'll be revealing our daring new incentive program in the coming weeks.
Market ExpansionWe will aggressively expand our asset offerings by rolling out additional markets and introducing select traditional finance (TradFi) assets, including equities, commodities, and forex.
Q1 2026: Continued crypto market launchesApril 2026: Commodity markets commenceJune 30, 2026: Forex markets go liveIn addition, we recognise traders' interest in the host of exciting and high-attention pre-token protocols. We hope to provide the most vibrant and exciting pre-launch perpetuals marketplace, featuring a wide range of these assets for traders to speculate on.
Digital DollarsSynthetix is the only Perp DEX with a stablecoin, and the only stablecoin issuer with a Perp DEX. This uniquely positions Synthetix to be the issuer of a fully decentralized, basis-trade collateralized and capital-efficient stablecoin.
DeFi has always strived to create a parallel financial system. The most utilized financial instrument in this system is a stablecoin. However, the majority of stablecoins issued are completely tethered to and reliant upon traditional banking or centralized exchange infrastructure.
Synthetix’s synthetic dollar, sUSD, will transition from a SNX-backed stablecoin to a DeFi-powered, censorship-resistant solution for money backed by delta-hedging crypto collaterals (e.g. ETH, BTC).
We see this as a multi-quarter initiative beginning in H2 2026, with sUSD's transition driven by the maturity and volume of our Basis Trade Vaults.
TokenomicsBuybacksInitially, all trading revenues from Synthetix Perps will go into buybacks of sUSD and SNX (50/50). Once the sUSD peg is restored comfortably, buybacks will be solely directed towards SNX.
Having been around since 2018 (formally as HAV), SNX has a huge distribution, with over 125,000 token holders and only 2 known individuals with over 1% of the circulating supply. There are no more VCs holding, no ecosystem funds dribbling into the market, and no more team unlocks - no more supply overhang left in the chart. Once buybacks ramp up, we believe these supply mechanics will result in a highly reflexive environment, as we got a tease of in October 2025.
Restoring the sUSD PegsUSD has felt the brunt of the protocol's transition through 2025, losing purpose as we transitioned away from discretionary debt management. Despite the appearance of sUSD, we strongly believe that with ~$5m in purchases (buybacks and SLP demand), the protocol will end up in a position where sUSD's price is controlled by 420 pool issuance/redemptions (i.e. issue when trading >$1 and redeem when trading <$1 with funds from issuance). This is the end state for sUSD. Through a combination of buybacks and SLP demand, we believe sUSD will regain its peg during Q1 and will achieve consistent stability before the end of Q2 2026.
The mechanism scales with volume - as trading revenue grows, so does the buying pressure that supports the peg.
Public Launch of The Synthetix Liquidity Provider (SLP) Vault (Q2)SLP is the community liquidity vault that executes market-making strategies on Synthetix. Currently in private testing to ensure liquidity parameters are refined and fit for public consumption. As the enshrined community vault, SLP will remain active on Synthetix orderbooks, will be the exchange's liquidator, and will be responsible for multi-collateral exchanges.
Unlike traditional models reserved for exclusive counterparties, SLP will allow anyone to deposit sUSD, earn a share of trading profits, and access top-tier fee discounts - all with no management or performance fees.
SLP will help ensure deep liquidity and tight spreads across all listed assets. By opening up one of the most lucrative sources of alpha in crypto, SLP makes market-making accessible, transparent, and community-driven.
With attractive yield opportunities available and lucrative incentive programs we aim to run, we’re targeting at least $15m of sUSD in SLP by the end of June 2026.
For more information on SLP, please refer to this blog post.
Synthetix TeamsBuilding on the Synthetix Teams program from Season 2 of our trading competition, we're already reworking this feature to be launched as an esports-style trading competition, complete with exclusive perks, rewards, and prizes.
Teams of traders will compete against other teams and the broader Synthetix community for total leaderboard domination, similar to our pre-launch trading competitions.
Integrator PartnershipsIntegrations with leading aggregators, wallets, and trading interfaces to funnel volume onto the exchange. We are actively working with multiple partners, including Infinex and several other major crypto infra and wallet providers, to ensure seamless routing and superior UX.
Synthetix's developer-facing APIs - including REST, WebSocket, and delegation/session key infrastructure - are built to make integration straightforward.
Synthetix x InfinexFeature DevelopmentThroughout 2026, we will continue to ship a full suite of advanced order types (limits, stops, trailing stops, and more), enhanced trading tools, risk management features, and UI/UX polish to rival centralized exchanges.
Closing Thoughts2026 is Synthetix's comeback year. We have rebuilt from the ground up with a clear vision: to deliver the best perpetual trading experience in DeFi, powered by the security, composability, and neutrality of Ethereum Mainnet.
What you see today is the foundation. What's coming will transform it. Yields are real, feedback is positive, and momentum is building.
We know what needs to be done, and we are doing it - one deliberate step at a time. We are beyond confident that we have the team and the foundations to bring Synthetix back as a DeFi powerhouse.
See you on the other side.
Join us as we unleash the power of perps on mainnet.
For personalized assistance: support.synthetix.io
Join the conversation: discord.gg/synthetix
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Synthetix price moved slightly higher as the project published its roadmap for 2026, which includes token buybacks and new trading products.
Summary
Synthetix price rose slightly after the protocol published its roadmap for 2026. The plan includes SNX buybacks, multi-collateral trading, and new markets on Ethereum. On the chart, Synthetix price is forming a compression pattern near the $0.32 level. At press time, Synthetix (SNX) token traded at $0.3251, up about 2.9% in the last 24 hours. The token has stayed inside a narrow weekly range between $0.3008 and $0.3262.
Price movement has been slow but steady in recent weeks. SNX is up around 2% over the past seven days and roughly 20% over the past month as the market attempts to recover from earlier losses.
Trading activity has also increased slightly. 24-hour volume reached about $13.4 million, which is 11% higher than the previous day. Derivatives data from CoinGlass shows futures volume rising 10% to $41 million, while open interest climbed 6% to $16.39 million.
2026 roadmap included SNX buybacks The move comes after the Synthetix team published a long update outlining how the protocol plans to grow during 2026.
According to the roadmap, trading revenue from Synthetix Perps will initially be used to buy back both SNX and the protocol’s stablecoin sUSD. Once the sUSD peg is fully restored, buybacks are expected to focus entirely on SNX.
The plan also includes a major expansion of trading features. In April, users will be able to deposit assets like ETH and cbBTC directly as margin on Synthetix Perps, rather than converting everything into a single collateral asset.
The change could bring more liquidity into the platform by allowing traders to use idle assets already held on Ethereum.
Other updates are scheduled later in the year. The protocol plans to introduce basis trade vaults, launch a public liquidity pool vault, and expand markets beyond crypto to include commodities and forex trading.
Developers also outlined a longer-term plan to transform sUSD into a fully decentralized stablecoin backed by delta-hedged crypto collateral.
The roadmap marks another step in the protocol’s restructuring. Over the past year, the project moved away from multiple Layer-2 deployments and shifted its focus back to Ethereum mainnet, where it now runs a centralized limit order book-style perpetual futures exchange.
Technical analysis: SNX forms tight compression On the chart, SNX is moving inside a tight consolidation zone near $0.32–$0.33 after months of decline.
Volatility has dropped during the past several weeks. The Bollinger Bands have started to narrow, which often appears before a stronger price move once the range breaks.
SNX daily chart. Credit: crypto.news Resistance is now seen around $0.39–$0.40, a level where price was rejected during earlier rallies. Support remains lower, around $0.27–$0.30, where buyers stepped in during the February decline.
Momentum indicators show that selling pressure has eased. The relative strength index has climbed back toward the 50 level, moving away from the oversold zone that appeared earlier in the downtrend.
If SNX pushes above $0.39, the move could open the door toward the $0.45–$0.50 range. That would confirm a breakout from the compression pattern.
On the downside, a drop below $0.30 could weaken the structure and expose the $0.27 area again, which has acted as a key support level in recent months.
Synthetix has extended its sUSD deposit rewards campaign on Infinex for 8 weeks, supporting peg stability as the protocol enters its mainnet public launch phase.
Synthetix has extended the sUSD deposit rewards campaign on Infinex for an additional 8 weeks, the protocol announced Monday. The extension comes as Synthetix perps enters public launch on mainnet and core contributors fine-tune the SLP vault. The incentive program rewards users for holding sUSD on Infinex while supporting peg stability.
Previous extensions of the sUSD rewards campaign have offered yields up to 18% APY and distributed thousands of OP tokens weekly to depositors. The program provides users a productive way to deploy their sUSD holdings while contributing to the stability of the stablecoin during critical infrastructure upgrades.
Sources: Synthetix Blog
This article was generated automatically by The Defiant’s AI news system from publicly available sources.
