Iran expected to submit revised peace proposal, compressing war premium in oil markets and lifting BTC and ETH—but crypto remains hostage to headline volatility.
Summary
CNN reports that Iran is expected to submit a revised peace proposal soon, extending a weeks‑long negotiation process over ceasefire terms, sanctions relief, and control of the Strait of Hormuz. For bitcoin and ether, the development nudges the macro regime toward lower war and oil risk premia, but keeps both assets hostage to headline volatility until a concrete deal is signed and implemented. Traders face a binary path: a credible framework could support a risk‑on squeeze in BTC and ETH, while another breakdown in talks would likely revive “flight to safety” flows and energy‑shock fears. According to CNN, sources say Iran is expected to submit a revised peace proposal soon, following earlier multi‑point frameworks exchanged with the United States and regional mediators. The draft is expected to tweak demands around sanctions relief, security guarantees, and rules for shipping through the Strait of Hormuz, after Western capitals pushed back on what they saw as over‑maximalist positions in Tehran’s prior 10‑point plan.
Iran peace talks enter critical revision phase That earlier proposal reportedly sought far‑reaching relief from U.S. and UN sanctions, guarantees against future strikes, and broad recognition of Iran’s security role in the Gulf.
Washington, by contrast, has emphasized verifiable limits on Iran’s nuclear program, clear rules for freedom of navigation, and a phased approach to any sanctions ive been seeing videos that are literally translated and iu dont even tied to compliance milestones.
Today’s indication that Tehran will return with a revised document signals that both sides see value in keeping the negotiation channel open. But it does not yet resolve the core tensions, and any leak that the new proposal remains far from U.S. red lines could quickly flip optimism back into risk aversion.
What it means for bitcoin and ethereum prices In the near term, the expectation of a new Iranian peace proposal tends to compress the “war premium” baked into oil and volatility markets, which is modestly supportive for risk assets, including Bitcoin (BTC) and Ethereum (ETH).
If traders interpret the move as genuine progress toward a durable ceasefire and a lower probability of disruptions in the Strait of Hormuz, the result is typically a softer dollar, narrower credit spreads, and a friendlier backdrop for high‑beta assets.
Bitcoin, which has increasingly traded as a macro‑sensitive asset rather than a pure “digital gold” hedge, stands to benefit from any de‑escalation that cools tail‑risk hedging demand and encourages allocators to add risk back on. Ethereum, with higher beta to liquidity and speculative flows, could see an even stronger percentage move if equities and tech rally on signs of easing geopolitical stress.
However, the entire setup remains headline‑driven. If the revised proposal leaks as largely cosmetic, or if U.S. officials dismiss it as unacceptable and revive threats of military action or tighter sanctions, markets are likely to swing back into risk‑off mode, with ETH typically underperforming BTC in a broader de‑risking.
For traders, the practical implication is clear: treat this peace‑proposal headline as a volatility catalyst rather than a settled narrative. Until there is a signed, enforceable framework that meaningfully lowers the odds of an oil shock or renewed conflict, bitcoin and ether will continue to trade in a regime where every update from Tehran or Washington can rapidly reprice macro risk and, with it, crypto valuations.
Jefferies: Samsung is likely to follow SK Hynix’s example to list in the US via ADRs.
Jeff Kim, Head of Research at Jefferies, said Samsung is likely to follow SK Hynix in listing on the U.S. market via American Depositary Receipts (ADRs), which will boost the share price of the South Korean chipmaker whose valuation lags behind Micron. "Chip stocks are at a turning point. ADRs will serve as an important catalyst to drive their valuations," he added.
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UBS and TD Cowen sharply raise Arm’s target price, betting on a revaluation of Arm’s AI data center CPU value.
Arm’s stock price pulled back this week alongside the high-valuation AI sector, though some Wall Street analysts say the correction does not alter the company’s long-term standing in AI data centers. UBS sharply raised Arm’s price target from $260 to $470, retaining its Buy rating; TD Cowen lifted its target from $265 to $475, also keeping a Buy recommendation. Both firms share the view that as agentic AI evolves, CPUs could gain greater importance in data center architectures, rather than GPUs continuing to monopolize the investment narrative. TD Cowen believes that over the long term, CPUs could hold a more strategic position in certain AI workloads. UBS, meanwhile, emphasizes that the real debate in the market centers on the revenue potential of Arm’s self-developed or independent CPU business. The bank projects Arm’s CPU-related revenue could reach around $14 billion by 2030, though the company itself has stated this business will not have a material impact on its finances until fiscal 2028. Arm’s strengths lie in low latency and energy efficiency—metrics that major cloud providers are increasingly prioritizing as they expand AI infrastructure. Even with its stock pulling back from recent highs in the short term, analysts still view Arm as one of the key beneficiaries of the server CPU upgrade cycle.
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Crypto whale who profited over $23.77 million from BAT ICO liquidates 27,586 ETH
According to monitoring by Yu Jing, a whale that earned $23.77 million from participating in the BAT ICO sold 15,000 ETH (valued at roughly $24.29 million) two hours ago. The whale has now fully liquidated all 27,586 ETH it received from selling 35 million BAT on-chain over the past day and a half, converting the proceeds into 44.836 million USDS at an average selling price of $1,625.
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Sources: Iraqi officials once considered withdrawing from OPEC, but current plans are to remain a member and pursue a higher quota.
A senior Iraqi oil ministry official said that if OPEC quotas are not significantly increased, Iraq will be forced to consider all available options. Sources said Iraqi officials had considered withdrawing from OPEC, but the current plan is to remain a member and push for higher quotas. (Jinshi)
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Kepler Cheuvreux raises ASML’s European share price target from €1,460 to €1,830.
Kepler Cheuvreux has raised the target price for ASML’s European shares from €1,460 to €1,830.
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Stifel: U.S. economy in "overheated expansion" as AI investment cycle outweighs consumer pressure
U.S. large diversified financial services holding company Stifel has raised its year-end S&P 500 target and rolled out a stock allocation framework for a "high-growth, high-inflation" environment. The firm lifted its year-end S&P 500 target to 7,800 points, noting the U.S. economy is entering a "running hot" state—where economic growth is strengthening alongside mounting inflationary pressure. Stifel’s models show U.S. growth momentum is picking up while inflation momentum is clearly overheating, a trend that will reshape the market’s leading sector structure in the second half of the year. Instead of traditional consumer sectors, Stifel’s top picks are investment-led cyclical industries, including banks, transportation, materials, energy, semiconductors, software and equipment. The firm adds that fixed-asset investment in AI remains on the rise: large tech firms including Amazon, Microsoft, Meta and Google are projected to combine for roughly $725 billion in total capital expenditures in 2026, some $100 billion higher than prior estimates. This means the AI investment chain is likely to continue outperforming the consumption chain squeezed by inflation. Stifel advises investors to reduce exposure to discretionary consumer, consumer staples, communication services and some financial services sectors, as these areas see weaker earnings revisions. Conversely, the firm favors cyclical value stocks and hedges with defensive value sectors such as insurance, autos, energy and banks.
Q2 has been broadly bullish across both quarterly and monthly performance.
However, when looking specifically at Ethereum [ETH], its 10.48% Q2 gain appears strong at first glance. On closer inspection, ETH’s April performance was only 7.3%, which is roughly 1.7x lower than Bitcoin’s [BTC] ROI. May has continued a similar trend, with ETH’s gains so far about 2x smaller than Bitcoin’s, raising questions about Ethereum’s ability to outperform Bitcoin in Q2.
Against this backdrop, Ethereum flows on Binance are becoming increasingly important. As shown in the chart below, early May has seen a rise in on-chain activity, particularly in exchange inflows, with Binance recording multiple hourly spikes in Ethereum deposits.
Source: CryptoQuant To put this into perspective, the largest inflow events since March include the 6th of May (216,152 ETH, $511 million), the 8th of May (98,552 ETH, $224 million), and the 9th of May (125,146 ETH, $288 million).
The key takeaway? Over the same period, ETH reserves on Binance have continued to trend higher, now reaching 3.62 million ETH, which is roughly 24.6% of total ETH held across exchanges. Taken together, rising ETH inflows and increasing reserves suggest sustained distribution pressure, which may be contributing to Ethereum’s ongoing consolidation phase. Notably, recent whale activity reinforces this trend.
According to Lookonchain, a whale recently deposited another 108,169 ETH into Binance, while Arkham data shows another whale transferring around $180 million worth of ETH to Binance. In essence, this reflects continued large-holder inflows to exchanges, adding to near-term supply pressure.
Naturally, this raises the question: Is Ethereum’s Q2 rally against Bitcoin now at risk?
Whale shorts align with Ethereum’s liquidity sweep setup A key risk management approach for traders is timing market actions effectively.
In this context, whale positioning on Bitfinex, with short exposure in Ethereum surging, is starting to carry more significance. More importantly, this positioning does not appear random. Instead, it suggests a more strategic setup, potentially aimed at trapping late longs and profiting from a downside move as key liquidity pockets are targeted and flushed.
Interestingly, Ethereum’s liquidation heatmap helps clarify this structure. As shown in the chart below, ETH currently has two notable liquidity clusters: on the upside, there is a liquidity zone around the $2,400-$2,500 range. On the downside, there is a liquidity zone around the $2,180-$2,260 range.
Source: CoinGlass Against this setup, Ethereum’s Binance inflows carry real weight.
The logic is simple: With distribution pressure rising and bid support relatively weak, ETH’s supply dynamics appear to be tilting in favor of the bears. In this context, increasing short positioning begins to make more sense, suggesting Ethereum’s current consolidation could be forming into a potential bull trap.
If this trend continues, Ethereum’s Q2 positioning against Bitcoin could weaken further, making Binance ETH flows a key metric to watch this cycle.
Final Summary Rising ETH inflows on Binance, higher reserves, and whale deposits suggest ongoing distribution pressure and weak bid support during consolidation. Increasing short positioning and clustered liquidity zones point to a potential downside sweep, putting Ethereum’s Q2 performance vs. Bitcoin under pressure.
THORChain, a decentralized cross-chain liquidity protocol, has paused trading after blockchain security researchers flagged an exploit worth over $10 million. The protocol has reportedly suffered an exploit across Bitcoin, Ethereum, BSC and Base. As a result, RUNE price crashed 12% in a few hours.
THORChain Hit By $10M Crypto Losses in Exploit On-chain investigator ZachXBT on May 15 flagged an exploit on THORChain, claiming losses exceeding $10 million. The funds are stolen across multiple major blockchains, including Bitcoin, Ethereum, BNB Smart Chain (BSC), and Base.
In response, THORChain has halted all trading and swaps via its emergency protocol to contain the damage. The exploit involved large unauthorized outflows from THORChain’s router contracts across the affected chains.
Many security researchers and analytics platforms such as PeckShieldAlert revealed the attacker’s wallets. Notably, the wallets hold 36.85 BTC, 3,443 ETH, and 96.6 BNB, along with other tokens like USDT, USDC, and WBTC, according to Arkham data.
THORChain Exploiter Wallet’s Crypto Assets. Source: Arkham The incident triggered THORChain’s built-in halt mechanism, where nodes pause operations upon detecting the exploit to protect liquidity providers (LPs). This is reportedly the second notable security event for THORChain this year, amplifying concerns about DeFi interoperability risks.
Recently, KelpDAO suffered a hack worth $290 million. The attacker drained rsETH through KelpDAO’s LayerZero-powered cross-chain bridge, risking contagion to other DeFi protocols such as Aave.
RUNE Price Crashes 12% amid Market Reaction RUNE price fell 12% in just a few hours, with the price currently trading at $0.520. The 24-hour low and high are $0.502 and $0.597, respectively. Furthermore, trading volume has increased by almost 140% over the last 24 hours as investors book profits amid a decline in prices.
In contrast, CoinGlass data showed massive buying in the derivatives market. At the time of writing, the total THORChain futures open interest jumped more than 6% to $24.80 million in just an hour. RUNE futures open interest spiked 19% in the past 4 hours, with an almost 17% and 19% jump on Binance and Bybit, respectively.
THORChain Futures Open Interest. Source: Coinglass If you’re looking for more cross-chain swap protocols, here are our reviews for the top 9 among the best cross-chain swap platforms in 2026.
TLDR: Binance Bitcoin futures Open Interest climbed from $6.4B in March to $8.96B, topping the 180-day moving average. The eight-month deleveraging phase mirrors conditions last seen in 2022, just before the FTX collapse hit markets. Speculative traders returned to Bitcoin derivatives despite a continued deterioration in the global macro environment. Analysts warn the recovery trend stays fragile, as leveraged traders could exit positions quickly if Bitcoin corrects further. Bitcoin traders are re-entering derivatives markets after an extended eight-month deleveraging cycle. Binance futures Open Interest climbed from $6.4 billion in March to approximately $8.96 billion, crossing back above its 180-day moving average.
The shift points to renewed speculative appetite, though analysts caution the trend remains fragile given persistent macroeconomic and geopolitical pressures still weighing on broader risk markets.
Bitcoin Open Interest Climbs Back Above Key Average Binance futures Open Interest has been a reliable gauge of trader activity in the Bitcoin derivatives market. When Open Interest falls below its 180-day moving average, it typically signals that futures activity is contracting. Liquidations mount, and traders pull back from leveraged positions as corrections deepen.
That is precisely what unfolded following the October 10 event. The downturn, compounded by a weakening global macroeconomic backdrop, pushed traders toward risk reduction. Over the months that followed, Binance Open Interest remained below its 180-day moving average.
Crypto analyst Darkfost noted that this deleveraging phase lasted roughly eight months. According to the analyst, a comparable situation last occurred in 2022, just ahead of the FTX collapse. That event triggered another sharp round of liquidations across the market.
🗞️ Bitcoin traders are returning after 8 months of Deleveraging
Since the October 10 event, Bitcoin has gone through a prolonged deleveraging phase across derivatives markets, represented here through Binance futures activity.
[ 💡These periods are identified on the chart when… pic.twitter.com/6Ky1umZaak — Darkfost (@Darkfost_Coc) May 22, 2026
The recent climb above the 180-day moving average, currently near $8.75 billion, marks a potential turning point. Open Interest now sits at approximately $8.96 billion, placing it above that threshold. This crossover is generally read as a signal that the deleveraging period has ended.
Speculative Traders Drive the Recovery, but Risks Remain The return of traders to Bitcoin derivatives has contributed to the ongoing price correction to the upside. Bitcoin’s sharp pullback from prior highs attracted speculative participants looking to position for a rebound. Their activity has added buying pressure through leveraged exposure.
Darkfost pointed out that despite ongoing macro deterioration, traders moved back into futures positions. The analyst wrote that the sharp correction drew more speculative traders looking to play a rebound. That dynamic has helped stabilize price action in recent weeks.
However, the recovery remains early-stage and should not yet be treated as a confirmed trend reversal. The macro environment has not meaningfully improved, and external shocks could quickly reverse the recent inflows. Leveraged traders tend to exit positions rapidly when conditions shift against them.
If Bitcoin resumes the correction that began in October, these returning traders could unwind just as fast as they entered.
The speed at which Open Interest rose above the moving average also means it could fall back below it. For now, the market is in a transitional phase rather than a clear recovery.
Bitcoin is facing renewed pressure after Binance recorded nearly 10 straight days of stronger BTC inflows, while spot Bitcoin ETFs saw heavy redemptions.
Summary
Binance BTC inflows jumped from 378 BTC to 1,190 BTC as reserves climbed 16,000 coins. Spot Bitcoin ETFs logged $1.26 billion in outflows, while Santiment viewed redemptions as contrarian signals. BTC trades near $77,200, with $75,000 support and $78,800 resistance guiding short-term traders. Analyst Darkfost said Binance’s weekly average inflows rose from 378 BTC on May 16 to 1,190 BTC, marking a more than threefold increase in less than 10 days.
The same update said Binance recorded one daily inflow of more than 3,600 BTC on May 18. Darkfost added that Binance reserves rose from 616,000 BTC on April 24 to 632,000 BTC, an increase of 16,000 BTC in one month.
Exchange inflows often draw attention because holders usually move coins to trading venues when they want to sell, take profit, or reduce exposure.
Binance BTC inflows raise sell pressure fears Darkfost said Bitcoin inflows into Binance have not stopped for nearly 10 days. The analyst linked the move to a wider market correction driven by tense geopolitical conditions and weaker appetite for risk assets.
🔴 Bitcoin inflows on Binance haven't stopped in 10 Days
The market remains in a correction driven by tense geopolitical conditions affecting economies worldwide, making it particularly difficult for risk assets to navigate in this environment.
💥 In this context, for nearly 10… pic.twitter.com/VztQF96fMQ
— Darkfost (@Darkfost_Coc) May 25, 2026 He said dominant exchange inflows are often read as a possible sell signal. The analyst added that holders usually send BTC to exchanges when they plan to sell, reduce exposure, or take a more defensive position.
This does not confirm that all incoming BTC will be sold. However, it shows that more supply has reached one of the world’s largest crypto exchanges during a weak market phase.
The timing also matters because Bitcoin printed a performance as low as minus 6.2% during the same period. That makes Binance reserve growth a key on-chain signal to watch.
Bitcoin ETF outflows add to demand concerns Spot Bitcoin ETFs added another weak signal. Crypto.news reported that U.S.-listed spot Bitcoin ETFs recorded net outflows in six straight sessions from May 15 through May 22, totaling $1.26 billion across 11 funds.
The report also cited Santiment, which noted that weak ETF flows do not always signal deeper market stress. The analytics firm said past outflow streaks have sometimes appeared near periods when long-term buyers started rebuilding positions instead of exiting the market.
Still, ETF redemptions reduce visible spot demand at a time when Binance inflows are rising. The combined picture shows weaker buyer support from ETF channels while more BTC is moving back to exchanges.
Bitcoin price holds near $77K but momentum stays weak Bitcoin (BTC) was trading around $77,185 at the time of reporting, up 0.54% in 24 hours, according to crypto.news price data. The same page showed 24-hour volume near $24.98 billion, a market cap of about $1.54 trillion, and a 24-hour range between $76,053 and $77,407.
The price remains below the 20-day Bollinger Band midline near $78,877. That shows Bitcoin has not yet reclaimed short-term average resistance.
The lower Bollinger Band near $75,004 remains the key support area. The upper band near $82,751 is the next resistance zone if buyers regain control.
The RSI sits near 48.00, slightly below its moving average at 49.13. That keeps momentum in neutral territory, with a mild bearish bias because RSI remains below 50.
Bitcoin (BTC) price chart, source: TradingView Volume is also low at about 2.58K BTC on the chart. That suggests the latest rebound lacks strong participation. A close above $78,800 would improve the short-term setup, while a break below $75,000 would renew downside pressure.
Analysts split as macro events keep traders cautious CryptoQuant analyst CryptoOnchain reported that Binance BTC netflows surged 425%, while older coins have moved back onto exchanges. XWIN Japan said the Coinbase Premium has turned deeply negative, a reading often used to track U.S. institutional spot demand.
The same market update said funding rates returned to positive territory as retail traders stayed aggressively long. That setup can become risky when leveraged positions rise without strong spot demand behind them.
However, Titan of Crypto said Bitcoin’s monthly logarithmic MACD histogram remains worth watching. He wrote that past Bitcoin bottoms formed after two consecutive lighter red bars on the monthly MACD histogram.
He added that May has not closed yet. In his view, “If history rhymes, the worst of the downside may already be behind us.” The signal remains unconfirmed until the monthly candle closes.
Macro events may keep Bitcoin volatile this week. Crypto.news reported that traders are watching U.S.-Iran agreement details, April PCE inflation data, first-quarter U.S. GDP, and consumer confidence data.
For now, Bitcoin remains between two signals. Rising Binance inflows and ETF outflows point to weaker demand and possible sell pressure. But the monthly MACD setup gives bulls one technical reason to watch for a potential bottom confirmation.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
TLDR: Binance Bitcoin reserves grew 5.1%, rising from 617,000 BTC to 648,600 BTC between April 25 and June 1, 2026. Ethereum holdings on Binance climbed 10.4%, adding 350,000 ETH during the same five-week observation period. Combined USDT and USDC reserves on Binance dropped $3.87 billion, reducing available spot market buying power significantly. Bitcoin fell below $71,000 amid rising crypto supply and shrinking stablecoin liquidity, reflecting a structural shift inside Binance. Binance Bitcoin reserves recorded a notable increase between late April and early June 2026, rising by 31,600 BTC. At the same time, combined stablecoin reserves on the exchange fell by $3.87 billion.
This shift in reserve composition came as Bitcoin dropped below $71,000 for the first time since April. The data points to a broader liquidity change inside the world’s largest cryptocurrency exchange.
Rising Crypto Reserves Paint a Complex Market Picture Binance’s Bitcoin reserve climbed from 617,000 BTC to 648,600 BTC between April 25 and June 1. That represents a 5.1% increase over roughly five weeks.
Meanwhile, Ethereum reserves also moved higher during the same window. Holdings grew from 3.35 million ETH to approximately 3.7 million ETH, an increase of about 350,000 ETH, or 10.4%.
Source: Cryptoquant
Higher exchange reserves can suggest that more crypto supply is available for trading on the platform. When coins accumulate on exchanges, it often indicates that holders have moved assets closer to potential selling points. However, reserve movements alone do not confirm that selling is occurring or imminent.
The simultaneous rise in both Bitcoin and Ethereum holdings is worth noting. It suggests the trend was not isolated to a single asset. Instead, it reflected a broader movement of crypto into Binance’s custodial reserves across the period.
What makes this development more pointed is that it occurred alongside a drop in Bitcoin’s price. The timing of rising supply and declining stablecoin buffers raises questions about the balance of buying and selling pressure on the exchange.
Falling Stablecoin Reserves Reduce Immediate Buying Power While crypto reserves increased, stablecoin balances moved in the opposite direction. Binance’s USDC holdings declined from $7.67 billion to $6 billion, a drop of $1.67 billion. USDT reserves also fell, moving from $40.3 billion to $38.1 billion, a reduction of $2.2 billion.
Together, the two stablecoin declines total approximately $3.87 billion. Stablecoins on exchanges generally represent available capital ready to purchase crypto in spot markets. When those balances shrink, the pool of immediate buying power contracts accordingly.
This matters because the spot market relies on stablecoin liquidity to absorb available supply. Fewer stablecoins on a platform means less firepower for buyers to bid up prices or defend key support levels. That dynamic can contribute to downside price pressure when supply is simultaneously increasing.
The combined effect, more crypto supply alongside reduced stablecoin liquidity, created a less supportive environment for Bitcoin’s price.
Bitcoin’s move below $71,000 occurred within this framework, suggesting the decline reflected structural conditions inside the exchange, not just broader market sentiment.
Crypto’s lackluster price action is not being driven by any internal crisis, but rather by a straightforward rotation of capital into US stocks. That is the conclusion of the original report from Binance Research, the institutional research arm of the Binance ecosystem. According to the analysis, traditional equity markets are siphoning liquidity from crypto at a time when the S&P 500 is experiencing historically high dispersion.
The Equity Concentration Problem The Cboe Dispersion Index has climbed to 42, the third-highest reading on record. High dispersion signals that money is flowing into a narrow set of themes rather than spreading across the broader market. Right now, those themes are artificial intelligence, semiconductors, defense, energy, and commodities. The effect is that Bitcoin and the wider digital asset space are being sidelined, starved of fresh capital that might otherwise have gone into crypto-native proxies for the same secular trends.
Binance Research noted that during previous periods of extreme US equity concentration, Bitcoin typically found a floor within 0 to 20 weeks, with a median of about two weeks. Without a crypto-native crisis—such as a major exchange collapse or protocol failure—such capital diversions have historically proven temporary. That framework matters now because many market participants had been searching for a sector-specific explanation for crypto’s weakness, from fading ETF inflows to regulatory overhang. The data suggests the primary headwind may be simpler: institutional money is playing the themes that are working in equities, and crypto is not one of them right now.
Crypto’s AI Narrative Can’t Compete With Mega-Caps The AI theme in equities has been particularly dominant, and that has implications for how crypto projects position themselves. Even as a growing wave of decentralized AI networks and storage solutions aimed at artificial intelligence emerge, the sheer scale of capital flowing into traditional AI names like Nvidia or defense contractors is overwhelming. Projects tied to AI in the crypto space—such as those tackling AI storage demand—have seen some attention, but the liquidity gap is stark.
Yet, on-chain metrics do not paint a picture of crisis. Developer activity across major chains remains robust, with weekly rankings showing Ethereum, BNB Chain and Polygon still leading. That suggests that even if speculative capital has moved elsewhere, the infrastructure build-out continues. The Bitcoin network’s hash rate and daily active addresses have held relatively steady, reinforcing the view that this is a liquidity problem rather than a structural one.
How Long Can the Rotation Last? The research note does not guarantee a quick reversal. The current macro environment—with the Federal Reserve navigating sticky inflation and a strong dollar—could extend the window of equity concentration longer than in past cycles. If the Cboe Dispersion
AUTHOR
Jide Idowu is a skilled freelance writer with expertise in blockchain technology, cryptocurrency, and digital finance. Known for his ability to break down complex topics into clear, engaging content, Jide crafts articles, blog posts, and analyses that resonate with both beginners and seasoned professionals. His work spans a wide range of subjects, from emerging crypto trends to in-depth explorations of blockchain innovations. With a keen eye for detail and a passion for educating readers, Jide is a reliable voice in the rapidly evolving world of digital assets.
Bitcoin has fallen below $70,000 as capital continues to flow toward a narrow group of high-performing U.S. equity sectors, according to a new analysis from Binance Research.
Summary
Binance Research linked Bitcoin’s recent weakness to record levels of capital concentration in U.S. equities, with AI, defense, and energy sectors attracting investor flows. Bitcoin has remained under pressure as ETF outflows exceeded $3.4 billion over 11 trading days, while Mt. Gox wallet transfers and macro uncertainty weighed on sentiment. Binance Research said past periods of extreme stock market concentration were often followed by Bitcoin recoveries within weeks when no crypto specific crisis was present. According to Binance Research, the CBOE Dispersion Index recently reached 42, its third-highest reading on record, a level the firm said points to extreme concentration within the S&P 500. The research unit argued that when a small number of investment themes attract most market inflows, Bitcoin often struggles to compete for liquidity.
Binance Research said the current environment is being driven by strong demand for artificial intelligence infrastructure, semiconductor stocks, defense companies, energy firms, and commodities.
As money moves into those areas, the firm said Bitcoin has been left competing for capital on several fronts at once.
Bitcoin performance against equities. Source: Binance Research. Binance points to historical trends In its analysis, Binance Research described a pattern in which strong returns from a handful of stock market themes draw capital away from alternative assets. The firm said the process typically begins when outsized gains in specific equity sectors attract investor attention, concentrating capital into a limited group of winners.
According to Binance Research, that concentration can create what it described as a “capital black hole,” reducing liquidity available for Bitcoin and other risk assets.
Several historical examples were cited in the analysis. For instance, Bitcoin fell about 20% during the 2015 rotation into FAANG stocks and biotechnology companies. During a defensive sector rotation in 2016, BTC declined about 18%, according to the report.
The research also highlighted Bitcoin’s 68% decline during the 2018 period that combined late-cycle FAANG leadership with the collapse of the initial coin offering market. In 2022, Binance Research said a rally in energy stocks coincided with a roughly 50% drop in Bitcoin.
More recently, the firm linked Bitcoin’s decline from approximately $115,000 to $71,000 during late 2025 to heavy investor interest in artificial intelligence and semiconductor companies. Binance Research added that the current quarter has seen another rotation into AI, defense, and energy sectors while Bitcoin has fallen about 11% so far.
Recovery could come faster without a crypto-native crisis The report arrives as Bitcoin remains under pressure from a combination of crypto-specific and macroeconomic factors.
BTC dropped below $70,000 during Asian hours on June 2 after U.S. spot Bitcoin ETFs recorded $483 million in daily net outflows, extending an 11-session withdrawal streak that has seen more than $3.4 billion leave the funds.
Adding to market uncertainty, Mt. Gox-linked wallets transferred 10,306 BTC worth about $739 million, reviving concerns that creditor distributions could eventually increase supply. Simultaneously, Strategy’s disclosure that it sold 32 BTC, its first Bitcoin sale in roughly four years, also introduced some panic.
Despite the weakness, Binance Research argued that historical precedent offers a more constructive outlook when Bitcoin’s decline is tied primarily to capital rotation rather than problems within the crypto industry itself.
The firm said previous peaks in the dispersion index were often followed by Bitcoin bottoms within 0 to 20 weeks, with a median recovery period of roughly two weeks, and noted that the current market lacks a major crypto-native crisis comparable to previous industry-specific shocks.
Outside equity market dynamics, Bitcoin continues to face pressure from macroeconomic uncertainty. Oil markets have remained volatile as traders assess developments surrounding U.S.-Iran negotiations and potential disruptions around the Strait of Hormuz.
At the same time, demand for traditional safe-haven assets has increased, with gold and silver attracting inflows as investors react to geopolitical risks and inflation concerns.
Derivative markets have also amplified recent losses. As per earlier coverage from crypto.news, more than 152,000 traders were liquidated over a 24-hour period, with total liquidations exceeding $744 million after Bitcoin lost key technical support levels. On the chart, BTC has broken below a rising channel that had supported its recovery from February lows, which puts $68,700 and $65,000 as the next downside targets.
The Bitcoin price faced overwhelming bearish pressure this past week, but it appears that this bearish story has been building up for much longer than was apparent in BTC’s previous price action. According to a recent on-chain analysis, the Bitcoin price has been under sell pressure on the largest cryptocurrency exchange for more than a week.
Binance Bitcoin Inflows Signal Sell Pressure For 48 Consecutive Days In a recent QuickTake post on CryptoQuant, a pseudonymous on-chain analyst, Crazzyblockk, revealed an ongoing streak of Bitcoin selling on Binance, the world’s leading crypto exchange by trading volume. The relevant indicator referenced in the post was the “BTC Exchange Net Flow Indicator (IE-Adjusted, 7D MA)” metric.
The on-chain metric tracks the 7-day average net amount of Bitcoin entering or leaving Binance, excluding internal wallet transfers. It, thus, indicates whether users are predominantly depositing BTC (sell pressure) or withdrawing BTC (accumulation).
According to Crazzyblockk, the stream of bearish pressure that has lasted the past 48 days on Binance began as mild selling on April 19. On May 28, however, readings from the metric escalated into territory that connotes strong sell pressure for Bitcoin, and has remained the case since.
Source: CryptoQuant Crazzyblock highlighted that during this 48-day period, Binance reserves have risen from 619,529 to 659,488 BTC, representing approximately 39,958 BTC in growth. Notably, the crypto analyst pointed out that June 2 saw the highest level of sell pressure, as reflected in the daily adjusted net inflow’s peak of +8,791 BTC and the 7-day moving average’s rise to +0.844.
Binance Bear Pressure Not Whale-Driven In an interesting turn of events, Crazzyblockk highlighted that both the Bitcoin sell pressure on Binance and the 7-day Moving Average have declined from their recent summits. “By June 5, the daily adjusted inflow had pulled back to +1,679 BTC and the 7D MA had compressed to +0.691,” the analyst noted
Also worth noting is the average participation of Bitcoin’s whales during this 48-day bear period. As Crazzyblockk stated, whales accounted for an average of 46.76% of Binance inflows, with a range of 34.96% to 65.95%. This, explained the on-chain analyst, is not typical of institutional distribution events. As such, the crypto pundit concluded that Binance inflows are unlikely to be primarily driven by BTC’s large players.
Crazzyblockk pointed out that there was recently an accumulation signal (seen on March 14), which preceded the 48-day sell streak that played out. Given that both the 7D MA and daily flows have begun to decline, the market is in an uncertain phase.
It remains to be seen whether this concurrent decline in selling pressure is a genuine reversal or merely a temporary break in the broader distribution. Crazzyblockk concluded that the answer, and perhaps BTC’s next direction, lies in the next several sessions on Binance. As of this writing, the Bitcoin price stands at around $61,073, down 0.9% over the past day.
The price of BTC on the daily timeframe | Source: BTCUSDT chart on TradingView Featured image from iStock, chart from TradingView
Binance founder Changpeng “CZ” Zhao believes that even with the market’s recent plunge, crypto is alive and well. He is still bullish on the beginning of a long-awaited “super cycle.”
Binance Founder CZ Opens Up On His ‘Super Cycle’ Prediction During a recent interview, Binance’s CZ was questioned about the comments he made four months ago that stated 2026 could be a crypto super cycle. Bitcoin is having trouble finding any rhythm, and is still in the $60,000-$64,000 range, the interviewer said. She added that “things are not looking good from where we sit today.”
The Binance founder demurred by stepping away from any specific market predictions. “I think even when I said it, I probably said I could not predict the future,” he said. When pressed further, he added, “I try to avoid prediction questions regardless.”
Might be late…
I can't predict anything. 😂 https://t.co/Q6EjgR3VzL
— CZ 🔶 BNB (@cz_binance) June 13, 2026
While the BTC price had surged toward $80,000 recently, the interviewer said it has been brought back down to roughly $60,000, joking that “we’ll call this a winter.” CZ admitted the current weakness but counterattacked the general concerns about industry.
“But will crypto die? Absolutely not,” CZ said. The Binance founder added, “Crypto will continue to grow. So I think the super cycle will come. I’m not sure when it will come.”
The interview clip was then posted on the social media platform X, where it seemed CZ took the shot at the earlier prediction. He sarcastically wrote, “Might be late… I can’t predict anything.”
Crypto Market Remains Volatile The Binance founder’s remarks coincide with the overall volatile nature of the crypto market. Bitcoin has been struggling to hold above $64,000 in the last few trading sessions amid the macroeconomic concerns.
Bitcoin is entering a critical technical level, said crypto analyst Ted Pillows. He wrote in a post on X today that “BTC is right at its short-term resistance zone.”
BTC price analysis chart. Source: Ted Pillows | X Pillows also connected the dots between Bitcoin’s next potential move and developments involving US president Donald Trump and Iran. “Trump is saying that a peace deal will be signed tomorrow,” the analyst wrote. Pillows added, “If that actually happens, Bitcoin will finally see a pump after weeks of downtrend.”
Earlier in the day, the BTC price rallied back up from the $63,500 area and remained close to $64,000.
PANews reported on June 16th that CryptoQuant analyst Darkfost stated in an article on the X platform that the recent pullback in Bitcoin, from approximately $82,000 to below $60,000, has significantly increased speculative activity in the derivatives market. Since the beginning of June, Binance futures daily trading volume has reached peaks of $39.5 billion and $35.5 billion. In early February, when Bitcoin fell below $60,000, it exceeded $42 billion in a single day. In comparison, Binance spot daily trading volume has increased from approximately $1.5 billion to $4-5 billion, but remains far below the peak of over $10 billion in early February.
Darkfost points out that Binance Bitcoin futures' cumulative trading volume has approached $800 trillion, exceeding the valuation of global annual GDP and the global real estate market. While the recent surge in trading activity may have contributed to the formation of a local bottom, market structures primarily driven by leverage are generally more fragile than those supported by strong spot demand.
Binance has released its 43rd proof of reserves report, using a June 1 snapshot of user asset balances.
Summary
Binance users added 25,838 BTC in May, lifting reported holdings to about 630,000 BTC total. ETH balances rose faster than BTC, climbing 10.17% to about 4.14 million ETH by June. USDT holdings fell by roughly 460 million, pointing to lower stablecoin balances among Binance users. The latest update on the Binance PoR page shows a clear rise in reported Bitcoin and Ethereum user holdings from the prior month.
User BTC holdings rose 4.26% from May 1 to about 630,000 BTC. That marked an increase of 25,838 BTC. User ETH holdings rose faster, climbing 10.17% to about 4.14 million ETH, up 382,619 ETH over the same period.
The increase in BTC and ETH balances comes as exchange reserve reports remain closely watched by traders. Larger user balances can reflect deposits, purchases, internal transfers, or other account activity. The snapshot does not separate those drivers.
USDT balance moves lower The stablecoin side moved in the other direction. Binance reported user USDT holdings of about 34.3 billion USDT, down 1.33% from May 1. The decrease was equal to roughly 460 million USDT.
Binance Releases 43rd Proof of Reserves Report
Binance, the world’s largest crypto exchange by user count and trading volume, released its 43rd Proof of Reserves report with a June 1 snapshot. User BTC holdings rose 4.26% from May 1 to about 630,000 BTC, an increase of 25,838… pic.twitter.com/P6GQBFhj3s
— Wu Blockchain (@WuBlockchain) June 18, 2026 The mixed data shows users held more BTC and ETH on Binance, while reported USDT balances fell. The report does not show why balances changed. It does not prove whether users bought crypto, withdrew stablecoins, moved funds between products, or changed trading plans.
A lower USDT balance can matter because stablecoins often act as dry powder for trading. However, the figure alone does not show whether liquidity left Binance or moved into other assets on the platform.
Proof of reserves remains under focus Binance uses proof of reserves to show that user assets are backed on-chain. The exchange says the process is meant to prove customer funds are held “1:1” and include extra reserves. The report is based on snapshots, so it does not operate as a live balance sheet.
As crypto.news reported earlier, Binance led proof-of-reserve rankings with $155.6 billion in assets in January 2026, based on CoinMarketCap data. According to an earlier crypto.news report, Binance’s open-source PoR system uses zero-knowledge proofs to improve verification and privacy for users.
Balance changes point to rotation The June snapshot differs from some earlier reserve moves. In a previous crypto.news report, Binance’s September balances showed declines in BTC, ETH and USDT during a weaker market period. The latest snapshot shows the opposite for BTC and ETH, even as USDT balances fell.
crypto.news previously reported that Binance backed major tokens at more than 100% in a May 2025 reserves update, including Bitcoin, Ethereum and USDT. That earlier report said proof of reserves became more closely watched after FTX collapsed and users demanded clearer exchange backing data.
The latest figures suggest Binance users held more core crypto assets and less USDT at the start of June. BTC and ETH remain the two largest non-stablecoin assets in most exchange reserve reports, making their balance changes a key market signal.
Still, proof of reserves has limits. It shows reported asset backing at a point in time, but it does not fully explain liabilities, off-chain obligations, or user behavior. For that reason, the latest Binance report shows a balance shift, not a full picture of exchange health.
The debate around the network’s historic funds comes back to the forefront after a statement from Changpeng Zhao. The founder of Binance mentioned the possibility of blocking some of Satoshi Nakamoto’s bitcoins due to risks related to quantum computing. CZ, however, presented this idea as a question intended for the community, not as a personal initiative.
In brief CZ reignites the debate on a possible freeze of bitcoins associated with Satoshi Nakamoto due to risks related to quantum computing. The founder of Binance does not propose a seizure, but questions the community about possible protection of vulnerable addresses. Quantum computers could pose a future threat to certain wallets whose public keys are already exposed. Satoshi’s bitcoins remain at the heart of discussions, as their freezing could create a precedent contrary to the network’s decentralization principles. The challenge for Bitcoin will be to find a balance between security against new technologies and respect for the protocol’s fundamental rules. CZ opens the debate on a possible freeze of Satoshi’s bitcoins CZ mentioned this possibility during a conversation with Alex Thorn, director of Galaxy Research, on the Galaxy Brains podcast. The founder of Binance did not present this idea as a decision taken but as an open question intended for ecosystem members.
After this statement, CZ denied rumors claiming he “could personally block the address linked to Satoshi Nakamoto for a given period.” He explained that this interpretation did not correspond to his statements.
The former Binance executive did not call for a seizure of funds. He rather mentioned the idea of a delay after which cryptocurrencies present on addresses deemed vulnerable could be blocked by a protocol modification.
CZ notably posed a question to the community:
Why not provide for a period of about a year before applying a possible measure against exposed addresses?
Changpeng Zhao. Founder of Binance. Source: X/@TCryptochicks. According to this approach, the funds concerned could be protected through a network evolution. However, this proposal raises a major difficulty. CZ acknowledged that it remains complex to precisely identify wallets belonging to Satoshi Nakamoto among those used by Bitcoin’s earliest miners.
This reflection aligns with some technical proposals already discussed within the ecosystem. The BIP-361 proposal notably includes mechanisms to gradually limit risks related to vulnerable addresses and exposed signatures.
Furthermore, he had also called for caution regarding the quantum threat. His approach relies on the idea that the network must anticipate future risks without overlooking the consequences of a significant modification of its rules.
The quantum risk reignites the question of dormant funds The discussion launched by CZ is based on a specific technical concern: the possible evolution of quantum computers. These technologies could eventually make it possible to recover private keys from already exposed public keys.
The danger mainly concerns wallets whose public keys appear on the blockchain. An attacker equipped with sufficiently advanced technology could then attempt to retrieve the funds associated with these addresses.
In March, a study conducted by Google Quantum AI reinforced concerns around this possibility. Researchers estimated that an attack could require fewer than 500,000 qubits and occur within minutes, a level lower than previous projections.
Faced with this threat, the Bitcoin network must consider evolving towards cryptography resistant to quantum computing. However, such a transition requires significant coordination and several years of preparation.
Data available in March indicated that more than one-third of bitcoins had already revealed their public key on the blockchain. These addresses could therefore be exposed in case of a rapid quantum technology evolution.
The question becomes even more sensitive with funds attributed to Satoshi Nakamoto. According to estimates based on the Patoshi model, the Bitcoin creator mined about 1.1 million BTC between 2009 and 2010. These holdings today represent a considerable value and have been unused since their creation.
Bitcoin: The dilemma between network security and respect for founding principles The debate about vulnerable addresses goes far beyond the technical question. It directly touches one of Bitcoin’s essential principles: fund ownership must not depend on any authority capable of imposing a decision.
In this logic, bitcoins associated with Satoshi Nakamoto should not be frozen or altered. These holdings hold a special place in the network’s history, as they represent the first mined blocks and the very origin of the protocol.
An intervention on these funds would create a major precedent. Bitcoin was designed to operate without central control, with identical rules for all participants. Allowing the blocking of specific addresses, even for a security-related reason, would question this fundamental logic and would even betray the network’s original spirit.
The risk would not concern only Satoshi’s bitcoins. If a decision allowed changing the status of certain old addresses, the question could arise again for other wallets considered vulnerable or inactive.
It is important, however, to maintain a nuanced interpretation: the quantum threat remains a real challenge for Bitcoin’s future. Complete lack of response could expose some users to attacks capable of recovering funds protected by current cryptographic systems.
The difficulty thus consists in protecting the network without turning its operation into a system where one entity or a majority could decide the fate of existing holdings. The solutions considered aim precisely to address this threat while limiting changes to the protocol rules.
CZ acknowledged that “there is no perfect solution to this problem.” The choice will therefore oppose two priorities: anticipating a future technological threat and preserving the historical principles that have allowed Bitcoin to function since its creation.
In the future, the debate will likely not focus solely on freezing Satoshi Nakamoto‘s bitcoins but on a broader question: can the network evolve in response to a new technological threat without abandoning the principles that built its value? The answer will depend on the community’s ability to find a balance between protecting funds, resisting new attacks, and respecting Bitcoin’s fundamental rules.
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Journaliste et rédacteur web passionné par l’univers des cryptomonnaies et des technologies Web3. J’y traite les dernières tendances et actualités afin de proposer un contenu de haute qualité à un large public du secteur.
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Bitcoin (BTC) continues to exhibit a strong technical setup after holding a weekly close above $63,000 for three consecutive weeks since tagging a new 2026 low near $59,000. This pattern closely resembles a bottom-building phase seen in previous trend reversals in bearish periods.
At the same time, Bitcoin futures open interest has fallen 19.5% from its June peak, funding rates have cooled to 0.02% from 0.1%, and spot Bitcoin exchange-traded fund (ETF) outflows have slowed sharply to $540 million over the past two weeks from $5.5 billion the prior month.
Together, the data points to a market that is shedding excess selling pressure while holding near a key support zone for BTC.
Bitcoin's weekly chart echoes prior market bottomsBitcoin's recent weekly price action resembles a pattern seen several times since 2023. Once a local bottom is established, the price often trades close to that range for weeks before a sustained uptrend develops. One exception came in November 2025, when the price spent roughly 10 weeks moving sideways above $88,000 before breaking lower to the $60,000 level.
The current setup also resembles the price from late 2022 and early 2023. During that period, the weekly relative strength index (RSI) entered oversold territory, recovered, and later formed a higher low, while the BTC price printed a lower low, creating a bullish divergence. That bullish divergence marked a key turning point, preceding the broader uptrend that developed during 2023.
The focus is now on the $63,000 area, where the price has formed a positive RSI divergence. The repeated weekly closes above $63,000, keeps Bitcoin trading above its recent low at $59,000 rather than extending towards it. The behavior fits a range-building phase that has appeared near previous turning points, as identified in the chart.
BTC futures turn less crowded as ETF sell-pressure eases Bitcoin derivatives markets have become notably less crowded over the past three weeks. Bitcoin funding rates cooled to 0.02% from 0.1% at the start of June, reducing signs of aggressive long positioning.
Bitcoin funding rate on all exchanges. Source: CryptoQuant
Crypto analyst Woominkyuu noted that total Bitcoin open interest across exchanges peaked at $25.96 billion on June 1, then fell to $20.89 billion by June 21. The 19.5% decline exceeded Bitcoin's 11.4% price drop during the same period.
The simultaneous decline in the price and open interest typically signals that existing positions are being closed or liquidated rather than new leveraged bets entering the market. This indicates a significant reduction in excess leverage. It also points to limited evidence of aggressive new short positioning at current levels.
Spot Bitcoin ETF flows show a similar shift with $5.5 billion leaving the spot ETFs between May 15 and June 11. The outflows over the past two weeks total about $540 million, marking a sharp slowdown in selling activity.
Weekly spot BTC ETF netflows. Source: SoSoValue
Onchain data paints a mixed but constructive picture. Bitcoin researcher Axel Adler Jr. highlighted that long-term holders' realized supply recently reached 12.42 million BTC, a level associated with supply maturation and coins moving into stronger hands.
At the same time, Bitcoin's sales pressure metric has stayed inactive for 1,256 consecutive days, the longest stretch on record. The data points to continued supply maturation alongside other signs that Bitcoin may be stabilizing near a potential cycle low.
Bitcoin LTH realized supply. Source: Axel Adler Jr.
This article is produced in accordance with Cointelegraph's Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.
The decentralized exchange BakerySwap has achieved an unprecedented milestone in the world of meme coins. The presale of the new token Big Pump (PUMP) raised over $280 million, becoming the largest presale ever conducted for a meme coin.
According to BakerySwap’s announcement, this astronomical figure (at least for this type of token) exceeded all expectations and highlighted investors’ voracious appetite for such digital assets, considered highly risky but with potential for exponential gains.
The resounding success of the presale was supported by massive participation from holders of some of the most popular cryptocurrencies on the BNB Chain. Presale participants committed 363,000 BNB, 9 million CAKE, 24 million BAKE, 1.5 trillion 1CAT, and 73 trillion IQ50, reflecting confidence or greedy interest in the PUMP project and its ability to challenge the laws of physics in an increasingly volatile market.
🎉 $PUMP Presale Complete Successfully! 🎉
We’ve smashed records with over $280M participation, marking the biggest #memecoin presale ever! 🚀
⛽️ Let's $PUMP it up and make… pic.twitter.com/utzC1uiWy8
— BakerySwap (@bakery_swap) March 22, 2024
What Is PUMP, and What Sparks Its Immense Interest in the Crypto Community? According to BakerySwap’s official presale statement, PUMP is a meme coin launched on the BNB chain “that represents what everyone in crypto is dreaming of: a Big Pump of their coins”.
Furthermore, as its name suggests, $PUMP is nothing more than a meme cryptocurrency, with no real utility and designed purely for fun and speculation. It doesn’t even have a development team behind the project.
“$PUMP is absolutely a meme coin, and it’s all about having fun. It doesn’t have any utility, there are no teams to back it up,” the statement cites.
But don’t be discouraged by that. Many of the largest meme coins in the market started the same way. For example, the original meme coin or at least the first one with a dog theme, Dogecoin, started as a joke towards Bitcoin, and look how far it has come. Currently, it has an astonishing market capitalization of nothing more and nothing less than $21.3 billion, occupying the 9th position among the top 10 leading cryptocurrencies in the market.
Therefore, PUMP is essentially a social phenomenon driven solely by investors’ expectations. This speculative nature has become the traders’ biggest bet in recent months, investing large sums of money in hopes of finding the gem of their dreams that will make them millionaires overnight.
Will PUMP become the next viral sensation in the crypto world, or will it go unnoticed like many others? This is another enigmatic question that only time will answer.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
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Marco is a passionate journalist with a deep addiction to cryptocurrencies and a keen interest in photography. He is fascinated by trading and market analysis. He has 5+ years of experience working with cryptocurrency projects.
Telcoin (TEL) is an ERC-20 token powering a platform that connects mobile telecommunications with decentralized finance. In mid-November 2025, the token surged 95% after Telcoin received approval to operate the first regulated digital asset bank in the United States under Nebraska's Financial Innovation Act.
The approval was more than a price catalyst. It represents years of infrastructure work aimed at delivering low-cost financial services through mobile networks. Few crypto projects hold banking licenses, telecom partnerships, and DeFi infrastructure simultaneously. Telcoin now has all three.
This analysis covers TEL's tokenomics, utility, market performance, and the regulatory progress positioning it where traditional finance meets blockchain.
What Is the Telcoin Project?Founded in 2017 by CEO Paul Neuner, Telcoin set out to build what it calls the "Internet of Money." The platform integrates telecommunications, digital banking, and decentralized finance to bring accessible financial services to mobile users worldwide. It achieves this through partnerships with mobile network operators (MNOs) under the GSMA framework.
The ecosystem has several moving parts. The Telcoin Wallet app lets users hold stablecoins, swap tokens on Polygon, and send cross-border payments. The wallet already supports 11 digital cash currencies on Polygon, including eAUD, eGBP, eJPY, eSGD, and eZAR. Governance sits with the Telcoin Association, a Swiss non-profit overseeing protocol decisions.
Regulatory licensing has been central to Telcoin's approach. The project holds licenses in Singapore, Lithuania, the United States, Canada, and Australia. The November 2025 Nebraska approval stands as its most significant milestone. The charter is the first in the US to explicitly authorize connecting customers to DeFi protocols under a regulated framework. Bank-issued stablecoin eUSD is expected to launch soon, with eEUR announced for EU markets under MiCA compliance but not yet live.
What Is Telcoin Network?Telcoin Network is the project's own blockchain, currently in development. It's an EVM-compatible, public chain secured by GSMA Operator Member mobile network operators using Proof-of-Stake consensus.
The network design puts telecoms at the center. Only GSMA Full Member MNOs can run transaction nodes and earn network fees. This creates a validator set tied to established telecom infrastructure rather than anonymous node operators. Validators receive TEL issuance as rewards for securing the network and maintaining efficient operations.
Development has progressed through several phases. Once fully live, telecoms and their mobile money subsidiaries can launch customized financial applications tailored to local markets. The network also bridges with existing mobile financial services ecosystems and other blockchains.
Why Does a Telecom-Secured Chain Matter?Most blockchains rely on anonymous validators or mining pools. Telcoin Network takes a different route by anchoring validation to licensed telecoms with existing compliance infrastructure, global reach, and billions of existing customer relationships. This design aims to solve two problems at once: regulatory acceptance and distribution scale.
How Does TEL Accrue Value on the New Chain?For TEL holders, the network transition changes the token's economic role. On Ethereum, TEL is one of thousands of ERC-20 tokens. On Telcoin Network, it becomes the native asset powering all transactions.
Gas demand: Every transaction requires TEL for fees, creating persistent buy pressure as network activity grows.Staking locks: Validators and delegators must stake TEL to participate, reducing circulating supply.Validator rewards: TEL issuance flows to MNOs securing the network, aligning telecom incentives with token value.Whether fee burns or MEV capture mechanisms are planned has not been confirmed. Monitor official channels for updates on deflationary features.
How Do TEL Tokenomics Work?$TEL launched via an initial coin offering in 2017 as an ERC-20 token on Ethereum. It has since expanded to Polygon, Arbitrum, and Base. The token serves as the native asset of the Telcoin Platform, with the Telcoin Association handling governance.
Key Token MetricsTotal supply: 100 billion TEL (hard cap, no additional minting planned)Max supply: 100 billion TEL (matches total supply)Circulating supply: 91-95 billion TEL (91-95% of total)Holder count: Approximately 97,700 wallet addressesInflation rate: Zero (no new tokens minted)Burn mechanisms: None confirmed for 2025Supply DistributionThe 4% gap in circulating supply figures between CoinMarketCap and CoinGecko likely stems from differences in how real-time updates are handled or in how vesting schedules are counted.
High circulation means strong liquidity, but it also raises questions about dilution from remaining unlocked tokens. The original ICO included team vesting provisions, though recent focus has shifted toward decentralized governance. No explicit burn schedules have been announced.
Inflation and Deflation DynamicsWith no new tokens being minted, TEL has zero inflation. All scarcity comes from the fixed 100 billion cap. Deflationary pressure could emerge through transaction fee burns or staking locks once Telcoin Network launches, but those mechanisms depend on future protocol decisions.
The fully diluted valuation currently ranges from $487.4 million to $501.2 million, based on the price multiplied by the maximum supply.
What Are TEL's Utility and Use Cases?TEL does more than trade on exchanges. The token plays several active roles across the Telcoin ecosystem.
Network Operations: TEL will serve as the gas token for the upcoming Telcoin Network. It also functions as a reserve asset and powers staking, liquidity provision, and validator rewards.DeFi Integration: Users stake TEL to earn yields and provide liquidity to pools. The token connects to the platform's eXYZ Digital Cash stablecoins for settlements and lending, with bank-issued eUSD set to launch as a regulated dollar stablecoin.Mobile Finance: TEL enables borderless payments to mobile money platforms. Partnerships with Powerhive for energy financing in Kenya and The Game Company for gaming transactions show its real-world reach.Governance: Token holders influence protocol decisions through the Telcoin Association framework.This mix of network utility, DeFi functionality, and practical applications sets TEL apart from purely speculative tokens.
How Has TEL Performed in the Market?TEL's price action reflects both broader crypto trends and project-specific news. As of late November 2025, the token trades between $0.00487 and $0.00501. Market cap ranges from $444.7 million to $463.4 million.
Recent Price MovementsDaily trading volume runs between $3.22 million and $4.22 million, about 0.72% of the market cap. That ratio suggests moderate liquidity for a token this size.
At the time of writing, recent volatility looks typical for mid-cap crypto: movements ranging from -7.4% to +7.08% over 24 hours, -24.5% over seven days, +27.5% over 30 days, and +34.5% year-over-year. These figures change daily, so check the current data for the latest figures.
The big move came around November 12, 2025. TEL jumped roughly 100% following news of the US banking approval, peaking a few days later before consolidating.
Price of TEL token surged after banking charter approval (CoinMarketCap)Historical Extremes and ContextTEL hit its all-time high of $0.06448 on May 11, 2021, during that year's bull run. Current prices sit about 92.4% below that peak. On the other end, the all-time low of $0.00006474 came on March 13, 2020, amid the COVID-driven market downturn. From that bottom, the token has climbed over 7,425%.
Trading happens on exchanges such as MEXC, Kucoin, and Bitget. Unconfirmed community speculation suggests potential Tier-1 listings like Coinbase could follow, though nothing official has been announced. Community sentiment remains bullish, and CoinGecko gives the project a security score of 85.81%, with 43% of the codebase reportedly covered by audits.
What Happened with Telcoin in 2025?This year brought several developments affecting TEL's value proposition and adoption trajectory.
Digital Asset Bank Approval (November 12): Telcoin became the first crypto project to secure a US banking charter. The Nebraska charter explicitly authorizes DeFi connections under a regulated framework, a first for US banking. This clears the path for eUSD, the company's bank-issued dollar stablecoin, and triggered the November price surge.Funding Raise (October 14): The project raised $25 million as part of an ongoing pre-series A round to capitalize Telcoin Digital Asset Bank. Investors include Tom Kaiman of Otter & Co. Capital Holdings. The funding meets capital requirements and positions Telcoin to bridge what the company calls the "$4 trillion blockchain economy" with traditional banking.Network Development: Alpha Testnet went live after May 2025. Beta Testnet is targeted for year-end, with mainnet to follow. Blockchain rollouts often face delays, so monitor official channels for the latest timeline.Industry Events: Telcoin appeared at MWC Kigali in October and the Africa Stablecoin Summit in November, highlighting telecom integrations for African financial inclusion.Wallet Updates: Version 4.0 launched in Q1 with UX improvements. November 18 maintenance prepared the platform for further upgrades.How Does Telcoin Compare to Competitors?The remittance and mobile payment space is crowded. Wise and Remitly dominate cross-border transfers with established user bases and fiat rails. Traditional banks remain entrenched despite higher fees. Other blockchain projects like Stellar and Ripple target similar use cases.
Telcoin differentiates on three fronts:
Telecom distribution: Rather than building user acquisition from scratch, Telcoin partners with MNOs who already serve billions of mobile subscribers. This gives potential access to distribution channels that fintech startups typically spend years and millions trying to replicate.Regulatory-first approach: Most crypto remittance projects operate in legal gray areas or offshore jurisdictions. Telcoin pursued banking licenses and helped author the Nebraska Financial Innovation Act in 2021. The result is a framework that competitors would need years to match.Integrated stablecoin suite: While others rely on third-party stablecoins like USDT or USDC, Telcoin issues its own eXYZ Digital Cash currencies directly through its wallet. Bank-issued eUSD adds another layer of regulatory credibility once live.Whether this translates to market share remains unproven. The infrastructure exists, but adoption at scale is the next test.
What Risks and Challenges Does TEL Face?Regulatory wins aside, TEL faces hurdles common to crypto projects plus some unique to its niche.
Key Risk FactorsRegulatory Uncertainty: Nebraska approval is progress, but rules differ across jurisdictions. International growth depends on securing and keeping licenses in countries with varying frameworks.Market Competition: Established players like Wise and Remitly have a years-long head start and brand recognition. Traditional banks continue to invest in faster payment rails. Blockchain competitors are also well-funded.Adoption Challenges: Success hinges on telecom partnerships and user uptake in regions where legacy finance may be preferred, or crypto awareness is low.Technical Execution: Mainnet rollout and stablecoin launches carry implementation risk. Delays or bugs could shake confidence.Current InfrastructureThe banking charter gives Telcoin infrastructure that few crypto projects have. The eUSD framework connects regulated finance with DeFi. Mainnet development will establish TEL's role as a native gas token. The focus on underbanked populations in Africa and developing regions targets a massive potential user base. Exchange presence includes MEXC, with talk of Tier-1 additions circulating as unconfirmed speculation.
ConclusionTEL powers a platform that has cleared regulatory barriers that only a few crypto projects even pursue. The Nebraska banking charter enables stablecoin issuance while keeping DeFi doors open. A capped 100 billion supply and utility across gas, staking, governance, and payments give the token a defined role where telecom, banking, and blockchain overlap.
Telcoin now combines US banking approval, telecom partnerships across multiple countries, and a working wallet app. For anyone watching projects that bridge regulated finance and decentralized tech, this is one of the few with both the paperwork and the product.
The next 12-18 months, covering mainnet launch, stablecoin rollout, and telecom integrations, will determine whether Telcoin can convert infrastructure into adoption.
Visit the official Telcoin website for more information and follow @telcoin on X to stay updated on the latest developments.
SourcesTelcoin Official Website - Project overview and documentationCoinMarketCap - Market data, supply metrics, and holder statisticsCoinGecko - Price history, all-time highs/lows, and security metricsTelcoin Magazine (Substack) - Project updates, roadmap, and regulatory newsBusinessWire - $25 million funding announcement (October 2025)MEXC Exchange - Trading data and tokenomics breakdown
Telcoin is up 13.3% in the past 24 hours, with a 177% surge in trading volume. The rally came from a retest of a key short-term support level at $0.00475.
The altcoin has been in a longer-term uptrend after news earlier in November drove a strong price surge.
On the 12th of November, Telcoin announced its final charter approval from the Nebraska Department of Banking and Finance to launch Telcoin Digital Asset Bank.
The charter would position Telcoin to be the first blockchain bank.
The bank’s flagship product, eUSD, would be the first bank-issued, onchain U.S. Dollar stablecoin.
This proves that a bank can issue onchain digital cash responsibly and in alignment with U.S. regulators, said Paul Neuner, Telcoin’s Founder and CEO.
The move drove overwhelming demand for TEL, the blockchain’s native token. It has been nearly three weeks since the announcement, and TEL has rallied by 83% since then.
Technical analysis showed a bullish trend in progress, but a consolidation phase has been underway over the past ten days.
Untangling the bull trend for Telcoin Source: TEL/USDT on TradingView The 1-day timeframe showed how the previously bearish structure was breached on the 12th of November. The $0.003 former lower high (orange) was overwhelmed, and new swing points of the uptrend were established.
The $0.00446 level was the key higher low that is keeping the uptrend alive. The imbalance (white box) from $0.0056-$0.0061 was a supply zone that has not been overcome yet.
Source: TEL/USDT on TradingView The 1-hour chart showed a nine-day range formation (purple) from $0.0047 to $0.0057. The mid-point at $0.0052 has served as both support and resistance in recent days.
The OBV was rising higher over the past 24 hours, and the MACD formed a bullish crossover. Both indicated high buying volume and upward price momentum. However, traders shouldn’t be eager to bet on a breakout.
Instead, they should rein in the FOMO and use the range extremes to sell and buy TEL, even though the short-term price action and indicators were firmly bullish.
Therefore, TEL was not a buy, but a token on which lower timeframe traders should be booking profits.
Final Thoughts Telcoin rallied 83% after news of its charter approval to launch a Digital Asset Bank hit the markets, spurring demand for. The nine-day range high at $0.0057 needs to be flipped to support before traders look to buy. Till then, expect the range to persist. Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion
Altcoins, including Zcash (ZEC), Telcoin (TEL), and Curve DAO (CRV), lead the cryptocurrency market recovery in the last 24 hours, fueled by improving investors' sentiment on Vanguard Group’s lifting the ban on crypto Exchange Traded Funds (ETFs) and Charles Schwab group's announcement to offer Bitcoin (BTC) and Ethereum (ETH) trading features in 2026.
Zcash holds above $300, flashing rebound potentialZcash edges higher by 3% at press time on Thursday, advancing the 8% gains from the previous day. The privacy coin remains buoyant above the $300 psychological support and aims to reclaim the $350 mark.
A steady recovery in ZEC could aim for the 50-day Exponential Moving Average (EMA) at $421. In the event of a moving-average breakout, Zcash could extend the rebound to the $550-$527 supply zone.
The Relative Strength Index (RSI) at 38 on the daily chart shows a lateral shift before reaching the oversold zone, suggesting a decline in selling pressure. If RSI transitions into an upward slope, it would signal a fresh buying pressure above the midline.
Still, the Moving Average Convergence Divergence (MACD) suggests intense prevailing bearish pressure, as the average lines cross below the zero line.
ZEC/USDT daily price chart.On the downside, the key support levels for the privacy coin are the $300 psychological mark and the 200-day EMA at $216.
Telcoin extends uptrend amid a Golden Cross patternTelcoin maintains a steady recovery of over 7% so far this week, extending the bounce back from its 200-day EMA. At the time of writing, TEL takes a breather of over 1% on Thursday following the 13% gains from the previous day.
The overhead resistances for Telcoin are the August 14 and July 18 highs at $0.006653 and $0.007500, respectively.
Furthermore, the rebound in TEL aims to extend the breakout rally of a falling wedge pattern on the daily chart recorded on November 12. Roughly 70% gains from November fueled the 50-day EMA crossover above the 200-day EMA, resulting in a Golden Cross pattern. Typically, this signals a long-term bullish shift in an asset as the uptrend gains strength.
Along the same lines, the MACD indicator signals a bullish crossover between the average lines, indicating a rise in buying pressure. At the same time, the RSI at 60 hovers above the midline, suggesting a bullish bias.
TEL/USDT daily price chart.On the flip side, the key support for Telcoin remains the 50-day EMA at $0.004872.
Curve DAO’s recovery targets the 50-day EMACurve DAO token is up 1% at press time on Thursday, building on the 8% rise from the previous day. The rebound in CRV aims for the 50-day EMA at $0.4781, which is close to the resistance trendline connecting the October 15 and 27 highs on the daily logarithmic chart.
The momentum indicators on the same chart indicate bullish potential, as the RSI is at 48 and is poised to cross above the midline. At the same time, the MACD and signal line continue to trend higher.
CRV/USDT daily logarithmic chart.On the flip side, the crucial support for the CRV token remains at the November 21 low at $0.3651.
PANews reported on December 17th that, according to SoSoValue data, the cryptocurrency market generally rebounded, with Bitcoin (BTC) rising 2.01% to break through $87,000, while Ethereum (ETH) rose 0.12%, still fluctuating narrowly around $2,900. Other notable sectors included: SocialFi, up 3.53% in the last 24 hours (Toncoin (TON) up 4.08%); PayFi, up 2.62% (Telcoin (TEL) up 5.11%); RWA, up 2.58% (MANTRA (OM) up 12.90%).
In other sectors, Layer 1 rose 1.53%, with Sui (SUI) up 3.70%; CeFi rose 1.52%, with OKB up 3.20%; Layer 2 rose 1.14%, with Zora (ZORA) up 9.83%; DeFi rose 0.57%, with Uniswap (UNI) up 3.88%; and Meme rose 0.41%, with SPX6900 (SPX) up 5.86%. Meanwhile, AI fell 1.37%, but Fartcoin (FARTCOIN) bucked the trend, rising 10.30%; NFT fell 1.68%, with ApenFT (NFT) falling 10.83%.
Telcoin has formally begun banking operations with the launch of its eUSD stablecoin on Ethereum and Polygon, marking the first time a U.S.-chartered bank has issued a dollar-backed stablecoin directly onto public blockchains.
Announced on December 26, 2025, the rollout follows regulatory approval for Telcoin Digital Asset Bank in November and includes an initial mint of $10 million in eUSD. The move places Telcoin at the intersection of regulated banking and blockchain-based payments, with implications for stablecoins, remittances, and digital asset oversight in the United States.
Telcoin and the Launch of eUSDTelcoin was founded in 2017 with the aim of using blockchain infrastructure and telecommunications networks to deliver low-cost financial services to mobile users. Its platform focuses on payments and cross-border remittances, distributed primarily through partnerships with mobile network operators (MNOs). According to the company, Telcoin works with more than 200 MNOs globally and supports over 2 million wallet users, with much of its activity concentrated on Polygon due to lower transaction costs.
The launch of eUSD represents a structural expansion of Telcoin’s role in financial services. eUSD is a U.S. dollar–pegged stablecoin backed 1:1 by cash reserves held at Telcoin Digital Asset Bank. Unlike many existing stablecoins, eUSD is issued directly by a regulated depository institution rather than a non-bank fintech or offshore entity.
The initial issuance of $10 million is modest by stablecoin market standards, but its importance lies less in scale than in structure. The issuance formally activates the bank’s operating authority and demonstrates a regulatory model that blends blockchain settlement with U.S. banking supervision.
What Makes eUSD Structurally Different?Most widely used stablecoins today, including Circle’s USDC and Tether’s USDT, are issued by private companies that hold reserves outside the traditional banking system. While these issuers publish attestations and, in some cases, audits, they are not themselves chartered banks.
eUSD differs in three key ways:
First, it is issued by a U.S.-chartered bank, subject to ongoing supervision by state banking regulators. This includes capital requirements, reserve rules, and compliance with anti-money laundering and consumer protection laws.
Second, reserves backing eUSD are held directly on the bank’s balance sheet in cash or cash-equivalent assets, rather than through a network of custodians. This structure reduces reliance on third parties and narrows counterparty risk.
Third, eUSD operates within a legal framework designed specifically for payment stablecoins, rather than relying on interpretations of existing money transmission or trust laws.
While eUSD is not explicitly FDIC-insured at launch, its regulatory treatment more closely resembles that of a narrow bank deposit than that of a typical crypto-issued stablecoin.
Deployment on Ethereum and PolygoneUSD is live on both Ethereum and Polygon. Ethereum provides broad compatibility with existing wallets, exchanges, and decentralized finance (DeFi) applications. Polygon offers significantly lower transaction fees and faster settlement, making it more suitable for retail payments and remittances.
This dual-chain deployment reflects Telcoin’s stated focus on practical payment flows rather than speculative trading. The company has indicated that additional chains may be supported over time, particularly where they offer advantages for cross-border transfers or mobile-first applications.
Nebraska’s Regulatory FrameworkTelcoin Digital Asset Bank is the first institution chartered under the Nebraska Financial Innovation Act (NFIA) of 2021. The law created a new category of regulated entity: a digital asset depository institution. These banks are permitted to custody digital assets, issue stablecoins, and process payments, but they are restricted from engaging in traditional lending.
Under the NFIA, institutions must maintain full reserves, meet stringent capital standards, and comply with state and federal anti-money laundering requirements. The framework was designed to provide legal clarity for digital asset businesses while limiting systemic risk.
Telcoin received provisional approval for its charter in February 2025, raised approximately $25 million to meet capitalization requirements, and obtained final authorization in November following Jim Pillen's sign-off.
Nebraska’s approach mirrors, but is distinct from, Wyoming’s SPDI regime. While Wyoming has emphasized digital asset custody, Nebraska’s statute places greater emphasis on payment stablecoins and on-chain settlement.
Alignment With Federal Stablecoin LawThe launch of eUSD also aligns with the federal GENIUS Act, passed in mid-2025, which establishes national standards for payment stablecoins in the United States. The law requires issuers to maintain 100 percent reserves in high-quality liquid assets, prohibits stablecoin issuers from paying yield directly to holders, and mandates regular disclosures and audits.
By operating within both the NFIA and the GENIUS Act, Telcoin avoids many of the regulatory uncertainties that have affected earlier stablecoin projects. This alignment may also ease future integration with existing payment infrastructure, including potential access to Federal Reserve settlement systems.
The federal framework was designed in part to address failures in the digital asset sector, including collapses linked to inadequate reserves or opaque governance. eUSD’s structure reflects those lessons by prioritizing transparency and legal enforceability over rapid expansion.
What Does This Mean for Payments and Remittances?Telcoin’s core business has long focused on international remittances, a market estimated at roughly $800 billion annually. Traditional remittance services often charge fees of 6-7%, particularly for transfers to developing markets.
By issuing eUSD directly through a regulated bank and distributing it via mobile wallets, Telcoin aims to reduce settlement times and transaction costs. Transfers using eUSD on Polygon can settle in seconds, with network fees measured in fractions of a cent under normal conditions.
The company’s existing relationships with mobile network operators are central to this strategy. In regions where access to traditional banking is limited but mobile penetration is high, stablecoin-based transfers may offer a more efficient alternative to cash-based systems.
Importantly, while the bank itself cannot pay interest on eUSD balances under federal law, users may still deploy eUSD in third-party DeFi protocols at their own discretion. This separation preserves regulatory compliance while allowing optional on-chain financial activity.
Broader Industry SignificanceThe issuance of eUSD by a U.S.-chartered bank sets a precedent that may influence how other states and institutions approach digital asset regulation. It demonstrates that stablecoins can be integrated into the banking system without relying on offshore structures or regulatory exemptions.
For policymakers, the launch provides a live test case for the GENIUS Act and state-level digital asset banking statutes. For financial institutions, it offers a reference model for combining on-chain settlement with regulated custody and payments.
The development also positions the United States more competitively against other jurisdictions that have moved quickly to regulate stablecoins, including the European Union under its Markets in Crypto-Assets framework.
ConclusionTelcoin’s launch of eUSD on Ethereum and Polygon marks the operational start of a new category of U.S.-regulated digital banking. By issuing a fully reserved stablecoin directly from a chartered bank, Telcoin has established a structure that prioritizes legal clarity, reserve transparency, and integration with existing payment systems.
While the initial issuance is limited in size, the framework behind it carries broader implications for stablecoins, remittances, and the role of banks in blockchain-based finance. The success of eUSD will ultimately depend on execution, adoption, and regulatory continuity, but its launch represents a concrete step toward aligning digital assets with established financial oversight.
Sources:BullDog Law: Nebraska’s Telcoin ApprovalBusiness Wire: Telcoin Begins Digital Asset Banking OperationsWebsite: Digital Asset Bank
TLDR: Telcoin Digital Asset Bank becomes first US-chartered bank to issue stablecoin directly on public chains. The bank minted $10 million eUSD on December 26, 2025, following November regulatory approval from Nebraska. Nebraska Financial Innovation Act enables unified charter for deposits, stablecoin issuance, and payments. Customer onboarding for personal and business accounts expected to begin in early 2026 through Telcoin Wallet. Telcoin has launched its eUSD stablecoin on Ethereum and Polygon blockchains, marking a historic development in regulated digital banking.
The Nebraska-chartered Telcoin Digital Asset Bank minted $10 million in eUSD on December 26, 2025. This represents the first instance of a U.S.-chartered bank issuing a dollar-backed stablecoin directly onto public blockchains.
The launch follows regulatory approval from the Nebraska Department of Banking and Finance received in November 2024.
Regulatory Framework Enables Blockchain Banking Operations Telcoin Digital Asset Bank operates as the first Digital Asset Depository Institution in the United States.
The institution received its charter under the Nebraska Financial Innovation Act. This regulatory framework allows the bank to issue stablecoins, accept customer deposits, and process digital payments under unified oversight.
Speaking about the launch, Telcoin CEO Paul Neuner expressed enthusiasm for the initial phase of operations. “We’re thrilled to issue eUSD on Ethereum and Polygon as phase one of our banking operations,” Neuner said.
He added that this represents a crucial first step toward offering blockchain-native bank accounts through the Nebraska charter.
The bank maintains compliance with federal GENIUS Act guidelines alongside state-level regulations. This dual compliance structure provides a pathway for traditional banking services delivered through blockchain infrastructure.
The initial $10 million mint establishes operational capacity for the stablecoin before broader market distribution.
Customer Onboarding and Market Expansion Plans Telcoin expects to begin customer onboarding in early 2026 for both personal and business accounts.
Personal account access will be provided through the upcoming V5 release of the Telcoin Wallet. The phased rollout allows the bank to establish operational systems before scaling to retail markets.
Patrick Gerhart, President of Banking Operations at Telcoin, provided additional context on the rollout timeline. “Today eUSD transitions from development to live issuance as a foundational step,” Gerhart noted.
He emphasized that the company’s focus remains on preparing to responsibly bring Digital Cash to customers through regulated blockchain banking infrastructure.
The eUSD stablecoin targets the growing stablecoin market with a regulated banking approach. Unlike existing stablecoins issued by non-bank entities, eUSD operates under direct banking supervision.
The launch positions the bank at the convergence of traditional banking and decentralized finance. Deployment on both Ethereum and Polygon provides access to diverse blockchain ecosystems. Customer deposits will back the stablecoin issuance on a one-to-one basis with U.S. dollars.
After Nebraska’s charter approval, Telcoin Digital Asset Bank begins operations. It launched its eUSD stablecoin on Ethereum and Polygon. With the minting of $10 million in eUSD, Telcoin’s flagship Digital Cash is now live and ready to reach retail markets.
Bringing Blockchain Banking to Life Telcoin CEO Paul Neuner called the launch “phase one” of the bank’s operations, emphasizing that the issuance of eUSD marks a crucial milestone toward offering blockchain-native personal and business accounts. The company plans to begin onboarding customers in early 2026, with personal accounts accessible through the upcoming V5 of the Telcoin Wallet.
Patrick Gerhart, President of Banking Operations, added that this live issuance of eUSD represents the foundation for a regulated, secure rollout of digital cash to the public.
A first for U.S. banking: a dollar-backed stablecoin issued directly on a public blockchain.
Under the Nebraska Financial Innovation Act and in line with federal GENIUS Act guidelines, Telcoin Digital Asset Bank has launched the eUSD stablecoin on Polygon.
A meaningful step… https://t.co/Lvx2PfCP0M
— Polygon | POL (@0xPolygon) December 29, 2025
This move positions Telcoin as the first Digital Asset Depository Institution in the United States. This will allow it to operate under the Nebraska Financial Innovation Act and federal GENIUS Act guidelines. By combining stablecoin issuance, deposit acceptance, and payment processing under a single charter,
Telcoin can offer a banking-first approach that remains fully compliant while leveraging blockchain technology. The launch reflects a growing trend among fintechs and digital banks integrating blockchain to improve payment efficiency and global accessibility.
Happy holidays!
eUSD from Telcoin Digital Asset Bank is now live on Ethereum and Polygon.https://t.co/R72gAGm4xX
— Telcoin (@telcoin) December 26, 2025
Telcoin operates in 171 countries, merging blockchain, telecommunications, and banking to offer self-custodial payments and financial services. The eUSD stablecoin is designed for real-world use, allowing users to transact globally with secure, blockchain-based money.
More About Stablecoins Ethereum remains the dominant platform for stablecoins, hosting over 53 percent of the total supply. This concentration highlights Ethereum’s role as the go-to blockchain for digital assets that maintain a stable value, such as USDC, USDT, and DAI.
📊 MARKET: Over 53% of all Stablecoins are on $ETH. pic.twitter.com/KvkV9Yuuo2
— Cointelegraph (@Cointelegraph) December 28, 2025
Developers favor Ethereum due to its robust smart contract ecosystem, high liquidity, and broad adoption among wallets, exchanges, and DeFi platforms.
Disclaimer The information provided by Altcoin Buzz is not financial advice. It is intended solely for educational, entertainment, and informational purposes. Any opinions or strategies shared are those of the writer/reviewers, and their risk tolerance may differ from yours. We are not liable for any losses you may incur from investments related to the information given. Bitcoin and other cryptocurrencies are high-risk assets; therefore, conduct thorough due diligence. Copyright Altcoin Buzz Pte Ltd.
Telcoin's native token $TEL will begin trading on Kraken on January 22, 2026, at 14:00 UTC, expanding access to the token that powers the Telcoin Network's telecommunications blockchain infrastructure. The listing follows Telcoin's recent regulatory approval as the first U.S.-chartered digital asset bank and the December 2025 launch of its eUSD stablecoin.
What Does The Kraken Listing Mean For Telcoin?Kraken announced the listing in a statement emphasizing Telcoin's alignment of mobile networks around a shared blockchain standard. According to Telcoin, the listing represents "expanding US access to the token powering the telecommunications blockchain standard."
Kraken's regulated infrastructure matches Telcoin Association's stated mission of uniting mobile operators around shared blockchain infrastructure to connect billions of users on Telcoin Network. The exchange has built a reputation for listing projects with regulatory clarity, making it a logical fit for Telcoin following its November 2025 Nebraska banking charter approval.
Who Is Telcoin And What Makes It Different?Founded in 2017, Telcoin operates at the intersection of blockchain infrastructure and telecommunications networks. The company focuses on delivering low-cost financial services, particularly payments and cross-border remittances, through partnerships with mobile network operators.
The platform currently works with more than 200 mobile network operators globally and supports over 2 million wallet users. Most activity occurs on Polygon due to lower transaction costs compared to Ethereum mainnet.
The Telecommunications Blockchain StandardTelcoin's approach centers on partnering directly with mobile carriers rather than competing with them. These mobile network operators, often called MNOs in the telecom industry, provide the distribution channels for Telcoin's financial services. This model aims to reach users in markets where traditional banking infrastructure remains limited or expensive.
Recent Regulatory MilestonesOn December 26, 2025, Telcoin formally began banking operations with the launch of eUSD, a U.S. dollar-pegged stablecoin backed 1:1 by cash reserves. The stablecoin launched on both Ethereum and Polygon with an initial mint of $10 million.
This marked the first time a U.S.-chartered bank issued a dollar-backed stablecoin directly onto public blockchains. The launch followed regulatory approval from the Nebraska Department of Banking and Finance in November 2025.
Key structural differences set eUSD apart from existing stablecoins:
Bank-issued structure: eUSD comes from a U.S.-chartered bank subject to state banking supervision, unlike USDC or USDT which are issued by private companies outside the traditional banking systemOn-balance-sheet reserves: Backing reserves sit directly on the bank's balance sheet rather than with third-party custodians, reducing counterparty riskRegulatory framework: The stablecoin operates under laws designed specifically for payment stablecoins, not adapted money transmission regulationsNebraska's Digital Asset FrameworkTelcoin Digital Asset Bank received its charter under the Nebraska Financial Innovation Act of 2021. This law created a new category called digital asset depository institutions, which can custody digital assets, issue stablecoins, and process payments but cannot engage in traditional lending.
The framework requires institutions to maintain full reserves and meet strict capital standards. Telcoin raised approximately $25 million in October 2025 to meet these capitalization requirements.
How Does This Expand US Market Access?The Kraken listing provides a regulated on-ramp for U.S. users seeking exposure to $TEL. Before this listing, U.S. access to the token was more limited compared to international markets.
Trading begins at 14:00 UTC on January 22, with Kraken supporting standard trading pairs. The exchange serves millions of verified users in the United States and maintains registrations with federal agencies including FinCEN.
For Telcoin, the listing aligns with its broader push into regulated U.S. markets following the eUSD launch and Nebraska charter approval. The company operates under both state and federal oversight, including the federal GENIUS Act passed in mid-2025, which established national standards for payment stablecoins.
ConclusionTelcoin operates as the first U.S.-chartered digital asset bank with active stablecoin issuance capabilities on public blockchains. The platform maintains partnerships with over 200 mobile network operators across 171 countries and supports more than 2 million wallet users. Through its Nebraska charter, the company issues eUSD stablecoins on Ethereum and Polygon under full regulatory supervision, with $10 million currently in circulation. The Kraken listing provides regulated U.S. market access to $TEL, the native token that powers cross-border remittances and payments through Telcoin's telecommunications-based blockchain infrastructure.
ResourcesTelcoin on X: Posts (January, 2026)
Press release by Telcoin 1: Telcoin Begins Digital Asset Banking Operations with Launch of eUSD Stablecoin
Press release by Telcoin 2: Telcoin Makes U.S. Banking History with Approval to Launch the First Regulated Digital Asset Bank
Report by Fintech Global: Telcoin raises $25m to launch regulated digital asset bank
The launch of a blockchain mainnet represents the transition from controlled testing to permanent production use. For Telcoin, that transition carries additional weight because the network is designed to operate inside regulated telecommunications environments while supporting public blockchain functionality. As such, investors, developers, mobile network operators, and regulators have all asked the same question. When will the Telcoin Network mainnet go live?
Based on public documentation from its roadmap, this article explains the Telcoin Network's current testnet status, security posture, regulatory design history, and the realistic timeline for mainnet launch.
Telcoin Network Roadmap OverviewThe Telcoin Network roadmap outlines a milestone-based path to a decentralized Layer-1 blockchain integrated with global telecom infrastructure. The roadmap avoids fixed calendar dates. Progress depends on completing security audits, performance validation, compliance reviews, and validator onboarding.
The roadmap currently spans two active stages:
The Adiri public testnet phase is ongoing. The mainnet release occurs only after all testnet milestones, security tracks, and audits are complete. Based on current progress, the earliest expected mainnet launch window remains no earlier than Q1 2026.
Two architectural principles guide the roadmap. First telecom-grade reliability aligned with GSMA standards. Second compatibility with the Ethereum Virtual Machine to support smart contracts, tooling, and interoperability.
What is the Purpose and Scope of The Adiri Public Testnet?Adiri serves as the public testnet for the Telcoin Network. It allows developers, mobile network operators, ecosystem partners, validators plus community participants to interact with the network in a live environment without production risk.
Adiri exists for instability by design. Continuous upgrades, audits, refactors plus stress testing occur throughout the phase. This environment allows protocol components, governance logic, validator operations plus security assumptions to be tested under realistic conditions.
Adiri is the first point at which external validators, including mobile network operators, can provision nodes, observe network behavior, participate in governance, and prepare for future production roles upon the mainnet launch.
Adiri Phase Structure and Present StatusThe active Adiri testnet phase is divided into three sequential stabilization phases. Each phase builds toward operational readiness required for mainnet launch.
Adiri Release Phase snapshot showing all phases with status showing completed, In Progress, and in QueuePhase One Core Setup Plus Security BaselinePhase One, already completed, focuses on establishing a functional, secure foundation.
Key milestones, as shown in the snapshot, include:
Finalizing components for an open Cantina security competitionDeploying Telcoin Autonomous Organization-controlled validator nodesReleasing a public block explorerDemonstrating a proof-of-concept application.After achieving these milestones, a four-week security assessment was conducted. This includes penetration testing, vulnerability analysis plus remediation planning.
Phase Two Hardening Plus Performance ValidationPhase Two addresses issues identified during the initial audits and strengthens production readiness. Some milestones have already been completed, some are in progress, and a few are in the queue.
Completed milestones include patching security findings, enhancing test coverage, production-hardening the database read/write strategy, improving documentation, publishing the MiCA whitepaper, and improving async logging across all network nodes.
Phase Three Decentralization PreparationPhase Three focuses on final stabilization plus decentralization.
Here, Adiri integrates with the selected bridge solution, and Mobile network operators serve as validators. This step increases geographic distribution, regulatory alignment plus operational diversity across the validator set.
Completion of Phase Three signals readiness to transition toward mainnet security tracks.
Current Security StatusAs of the latest update, no outstanding security patches remain. No critical, high, medium, low, or informational issues exist across public-facing interfaces or internal validator peer categories.
This status reflects continuous remediation throughout Adiri rather than a single audit snapshot. Security posture remains subject to change as new audits commence.
Road to Mainnet TimelineThe road to mainnet includes completing all Adiri phases and all mainnet security tracks. Each independent audit cycle typically spans two to three months. Scheduling review, remediation, plus retesting contribute to duration.
The first major audit cycle is nearing completion, while reparations for the second cycle continue. However, launch timing depends on audit outcomes rather than predetermined dates. The guiding principle remains consistent, and launch occurs when security meets the required standards.
The Telcoin Network targets enterprise deployment across telecom, fintech, and adjacent sectors. By combining GSMA-aligned standards with EVM compatibility, the network supports scalable financial services delivered through mobile infrastructure.
Mobile network operators plus subsidiaries can deploy programmable financial services tailored to regional markets. Legacy telecom billing identity compliance systems integrate with blockchain execution layers. This approach supports payments, remittances, stablecoin issuance plus mobile financial products.
When Will Telcoin Mainnet Launch
Based on current progress, the Telcoin Network mainnet launch is expected no earlier than Q1 2026. This estimate reflects remaining audit cycles, security assessments, and infrastructure readiness, rather than marketing schedules.
The roadmap emphasizes security over speed. Many historical blockchain exploits resulted from rushed launches. Telcoin has adopted a milestone-based approach, with progress publicly visible in its development repositories.
ConclusionThe Telcoin Network roadmap reflects a methodical security-first approach to launching a telecom-integrated Layer 1 blockchain. Through the Adiri public testnet, the network validates validator operations, governance, security, and enterprise readiness under real-world conditions. Mainnet launch depends on a completed audit, hardened infrastructure, and onboarding of decentralized validators, rather than arbitrary deadlines.
As of early 2026, the network has resolved known security issues, completed major cryptographic components plus advanced infrastructure preparation. With remaining audit cycles underway, mainnet remains targeted for no earlier than Q1 2026. This timeline prioritizes reliability, compliance, and trust over speed.
TEL has struggled to recover this year, trading below major averages as overall crypto market weakness continues to weigh on price.
Telcoin (TEL) has moved in near lockstep with Bitcoin’s latest market slump, extending its own multi-week downtrend as risk appetite fades across the crypto market. Since the start of the year, TEL has struggled to sustain any meaningful recovery, with price action reflecting the broader weakness seen in large-cap assets. The result is a chart structure that remains technically fragile, though not without potential turning points.
From early January to date, TEL has continued trading inside a descending channel that has defined price behavior since December. Each bounce has produced a lower high, while successive selloffs have carved out lower lows; a classic bearish structure. Attempts to push above short-term moving averages have repeatedly failed, signaling that sellers remain active on strength rather than capitulating.
TEL/USDT Price Chart (TradingView)The token is currently trading below its 20-day, 50-day, 100-day, and 200-day moving averages, a strong indication that both short- and long-term momentum favor the downside. Notably, the 200-day moving average sits well above current price levels, underscoring how far TEL has drifted from its broader trend baseline. The clustering of shorter EMAs above price also acts as dynamic resistance, meaning any recovery faces layered technical hurdles.
Volume patterns reinforce this cautious outlook. Rallies through January have lacked strong follow-through, while selloffs have shown sharper, more decisive candles. This asymmetry suggests that market participants are quicker to exit positions than to initiate new long exposure — typical behavior during corrective phases.
Bearish scenarioIf current conditions persist, TEL risks extending its slide toward the lower boundary of the descending channel, which has been guiding price lower for weeks. A decisive breakdown below recent swing lows near the psychological $0.003 region would likely accelerate downside momentum. Such a move could open the door toward the mid-to-high $0.002 range, an area that previously acted as a volatility pivot during late 2025.
Failure to reclaim at least the 20-day and 50-day EMAs on a closing basis would keep the trend firmly bearish. In this scenario, any short-term bounce may be viewed as a relief rally within a broader downtrend rather than the start of a sustained reversal. Continued Bitcoin weakness would add further pressure, given TEL’s recent correlation with the broader market.
Bullish scenarioDespite the negative structure, the chart is approaching zones where mean-reversion bounces become more probable. Price is testing the lower channel boundary and a historical support area that has previously attracted buyers. If TEL can hold this region and form higher lows on shorter timeframes, it could signal that selling pressure is beginning to exhaust.
A bullish shift would first require a clean break above the 20-day EMA, followed by a push through the 50-day EMA. That would mark the first meaningful improvement in short-term structure since the year began. From there, the next key test would be the cluster around the $0.0043–$0.0046 region, where the 100-day and 200-day moving averages converge with prior support-turned-resistance.
A move above that zone, especially on rising volume, would invalidate the descending channel and suggest that TEL is transitioning from a downtrend into a consolidation or early recovery phase.
For now, however, the technical picture leans bearish. Traders will be watching whether current support can stabilize price, or whether TEL continues to mirror Bitcoin’s weakness with another leg lower.
Author
Miracle Nwokwu
Miracle holds undergraduate degrees in French and Marketing Analytics and has been researching cryptocurrency and blockchain technology since 2016. He specializes in technical analysis and on-chain analytics, and has taught formal technical analysis courses. His written work has been featured across multiple crypto publications including The Capital, CryptoTVPlus, and Bitville, in addition to BSCN.
PANews reported on March 16th that, according to SoSoValue data, the cryptocurrency market has continued to rise recently. Bitcoin (BTC) rose 2.39% in the last 24 hours, breaking through $72,000; Ethereum (ETH) rose 4.40%, approaching $2,200. Meanwhile, the PayFi sector rose 2.67%, with Telcoin (TEL) rising 3.92% and Dash (DASH) rising 3.62% within the sector.
In other sectors, Layer 1 rose 2.59% in the last 24 hours, with Zcash (ZEC) up 7.99%; AI rose 2.47%, with Bittensor (TAO) up 6.57%; CeFi rose 2.45%, with Binance Coin (BNB) up 2.86%; DeFi rose 1.97%, with PancakeSwap (CAKE) up 7.75%; Meme rose 1.73%, with Pepe (PEPE) up 5.07%; and Layer 2 rose 1.58%, with ImmutableX (IMX) up 4.67%.
15 May 2026 | 15:13 CoinMarketCap's weekly top gainers list for the week ending May 15 shows two separate stories running simultaneously inside the same table.
Key Takeaways
Telcoin +76.21%: leads table by 33.71 points over second-ranked Sahara AI. Sahara AI +42.50%, BUILDon +32.66%, Kite +29.83%: three AI names in top six. Injective +29.00%: weekly gain confirms sustained run not a single session spike. Sui +20.02%: only asset above $1B market cap, largest absolute dollar move. What Telcoin’s lead over the table reveals Telcoin leads the weekly top gainers at +76.2%, with the second-ranked Sahara AI at +42.5%. The gap between them is 33.7 percentage points, larger than Sahara AI’s entire weekly gain, and the table offers no catalyst explanation for the move.
According to CMC data, Telcoin’s +76.2% lead over the second-ranked asset is 33.7 percentage points, a gap larger than Sahara AI’s entire weekly gain, and a move of that magnitude in a $347M market cap asset does not happen on market momentum alone: it requires a specific catalyst, liquidity event, or exchange listing that the weekly table does not identify. Telcoin is a payments-focused cryptocurrency, and a move of this scale in one week places it in a category the rest of the table does not share. Every other asset in the top 20 gained between 14% and 42.5%. Telcoin gained 76.2%. The outlier status is the analytical signal, not the confirmation of a trend.
What the AI cluster in the top six means Ranks two through six contain three assets with explicit AI branding or AI-focused infrastructure positioning: Sahara AI at +42.5%, BUILDon at +32.6%, and Kite at +29.8%. Together they represent three of the five assets ranked between second and sixth, a concentration that is not random in a 200-asset universe.
Three of the top six weekly gainers carry explicit AI branding – Sahara AI, BUILDon, and Kite – yet none has a market cap above $500M, which means the AI narrative is currently expressing itself through small-cap rotation rather than through the established infrastructure protocols that would carry more structural weight. Sahara AI at $126.95M, BUILDon at $479.3M, and Kite at $371.63M are all sub-$500M assets. The AI narrative is active in the market this week, but it is finding expression in smaller, less liquid names rather than in the large-cap AI infrastructure plays that institutional capital typically reaches for first.
What Injective’s continued presence confirms Injective appears at rank eight with a +29% weekly gain. Injective posted a single-day gain of over 22% earlier this week, a move that is now confirmed as part of a sustained weekly run rather than an isolated session spike. The asset’s $503.3M market cap places it among the larger names in the table, making its near-29% weekly gain more structurally significant than equivalent percentage moves from sub-$200M assets where liquidity is thinner.
What Sui’s position in the table says about risk appetite Sui is the only asset in the top 20 with a market cap above $1 billion, sitting at $4.64B with a +20% weekly gain, which makes it the table’s most significant move by absolute dollar value even though it ranks 14th by percentage, and a large-cap gaining 20% in a week while small-caps gain 30–76% describes a market where risk appetite is running from the largest names down toward the smallest rather than the reverse. In a risk-on environment where institutional capital leads, large-caps gain more than small-caps in percentage terms. The current table inverts that structure, with Sui’s 20% trailing Telcoin’s 76% by 56 percentage points, which is the characteristic pattern of speculative retail rotation rather than broad institutional participation.
A continuation of this pattern in next week’s CMC top 20, with AI-branded small-caps maintaining top-six positions and no large-cap asset appearing above rank ten, would confirm the current rotation is retail-driven and narrative-dependent rather than structurally led.
A shift in which large-cap assets such as Sui, Flare, or XDC Network move into the top five by percentage while sub-$200M assets drop out of the top ten, would indicate the rotation is broadening into assets with deeper liquidity and the speculative small-cap phase is transitioning into something more durable.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
Telcoin rallied more than 21% over the last 24 hours as traders returned aggressively across the broader market. Trading volume also exploded by 151.99%, reaching nearly $5.67 million during the latest expansion phase.
The sharp increase reflected rising speculative participation instead of isolated short-term accumulation from smaller wallets.
Market capitalization climbed above $329 million as buyers increased exposure during the rally. The sudden rise in volume also aligned with stronger participation across high-volatility assets this week.
However, explosive volume spikes often reflected aggressive short-term positioning during rapid price expansions. Traders appeared increasingly attracted to TEL after activity accelerated sharply within a compressed timeframe.
If speculative demand remains elevated, TEL could continue attracting stronger participation across both spot and derivatives markets.
Leveraged traders rapidly increased exposure Open Interest climbed 80.89% to $60.54K, showing that derivatives traders aggressively increased positioning during TEL’s breakout rally.
This sharp expansion suggested fresh capital entered the market instead of older positions merely rotating between participants.
Rising Open Interest alongside accelerating price action usually reflected growing speculative conviction rather than defensive positioning.
In addition, the derivatives expansion aligned closely with TEL’s breakout above the $0.0030 resistance zone, reinforcing the strength behind the recent move.
However, heavily leveraged rallies often introduced elevated volatility once traders crowded into directional positions. Even so, current derivatives behavior still reflected bullish participation dominating broader market sentiment.
Source: CoinGlass TEL reclaimed a critical resistance zone TEL reclaimed the $0.0030 resistance after rebounding sharply from the long-term demand zone near $0.0019. The breakout followed months of sideways movement across the lower range of the daily structure.
Buyers gradually regained control after price repeatedly respected support throughout April and early May. The recovery then accelerated once TEL pushed above the previous consolidation ceiling around $0.0030.
Price later approached the next resistance near $0.0040 as bullish pressure strengthened further. However, the broader structure still showed heavy resistance between $0.0040 and $0.0050 on the chart.
If bulls clear that upper resistance cluster successfully, TEL could extend its recovery toward higher levels. Otherwise, traders could revisit the reclaimed $0.0030 support before another breakout attempt emerges.
RSI climbed above 85 on the daily chart as bullish acceleration intensified rapidly during the breakout. That reading placed TEL deep inside overbought territory after the recent price expansion.
The indicator had previously remained below neutral levels throughout most of the prolonged consolidation period.
Source: TradingView Can TEL sustain the breakout rally? TEL’s breakout structure remained bullish after price reclaimed the $0.0030 resistance with expanding volume and rising derivatives participation.
Open Interest growth, overheated RSI readings, and strengthening price structure all reflected aggressive speculative demand returning to the market.
However, the rally also approached critical resistance near $0.0040 where sellers could attempt another rejection.
If buyers maintained current support levels and volume stayed elevated, TEL could continue advancing toward the broader $0.0050 target zone in the coming sessions.
Final Summary TEL reclaimed major resistance as speculative demand and leverage rapidly accelerated again. RSI entered overheated territory while bulls continued targeting the broader $0.005 resistance zone.
@telcoin has switched on eUSD bank accounts in version 5 of its wallet, opening them to US residents. It is the consumer rollout the company has been building toward since securing the first US digital asset bank charter in Nebraska.
The First US Bank Accounts Tied to On-Chain Dollars The accounts link directly to Telcoin's bank-issued, on-chain dollar stablecoin at base:0xcfa3ef56d303ae4faaba0592388f19d7c3399fb4. eUSD is backed by US dollar deposits and short-term Treasuries held in reserve. Telcoin positions these as the first US bank accounts tied directly to on-chain dollars, with Telcoin Digital Asset Bank accounts linking directly to on-chain eUSD balances, enabling seamless movement of value between traditional and blockchain infrastructure.
Telcoin received final charter approval from the Nebraska Department of Banking and Finance to launch Telcoin Digital Asset Bank, the first Digital Asset Depository Institution in the United States. Under the Nebraska Financial Innovation Act and in line with federal GENIUS Act guidelines, Telcoin is uniquely positioned to issue stablecoins, accept customer deposits, and process eUSD payments, all under the same charter.
Personal accounts are made available through Wallet V5 of the Telcoin Wallet. Unlike non-bank stablecoin issuers, Telcoin's model integrates stablecoin issuance with depository banking, allowing direct customer deposits to back on-chain tokens.
Market Reacts as $TEL Surges Markets responded quickly. The $TEL token jumped roughly 17% on the news and daily trading volume spiked more than 500%, reflecting investor appetite for projects with tangible regulatory footing.
The launch has been a long time coming. The foundation for the charter was laid by Republican now-US Rep. Mike Flood, who introduced the Nebraska Financial Innovation Act in 2021 while serving in the Nebraska Legislature, and it passed later that year. While many peers in the blockchain industry are pursuing non-depository trust charters, Telcoin is addressing the systemic risk concerns around stablecoins highlighted by federal regulators by operating within a full banking framework.
The broader stablecoin market has grown sharply in parallel. Bloomberg reported a 70 percent increase in stablecoin usage since July, driven in part by the passage of the GENIUS Act, which provides a federal regulatory framework for stablecoins. Telcoin's regulated, bank-issued approach puts it in a distinct category from dominant players such as Tether and Circle, which operate outside the traditional depository banking system.
Sources
Telcoin Begins Digital Asset Banking Operations with Launch of eUSD Stablecoin (Business Wire)
Telcoin Digital Asset Bank Nabs Final Charter Approval (Banking Dive)
Gov. Pillen Signs First-In-Nation Digital Asset Bank Charter (Office of the Nebraska Governor)
Telcoin Digital Asset Bank has launched personal bank accounts for US residents that are directly tied to its eUSD stablecoin, connecting traditional bank deposits with onchain dollars through the Telcoin Wallet.
Users can open an account inside the wallet, transfer dollars from a US bank and receive eUSD directly into their balance. The stablecoin can then be held, transferred or used across supported blockchain applications.
Telcoin said the launch makes it the first US bank to connect customer accounts directly to a bank issued onchain dollar.
The initial release focuses on the infrastructure connecting traditional banking rails with eUSD. Additional wallet updates planned for later this year will introduce debit cards and compliant yield on eUSD balances, subject to regulatory requirements.
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Telcoin Digital Asset Bank received its charter from the Nebraska Department of Banking and Finance in November 2025 under the Nebraska Financial Innovation Act.
The charter established Telcoin as the first Digital Asset Depository Institution in the US and authorizes it to issue stablecoins and accept customer deposits.
Telcoin began its banking operations in December by issuing $10 million in eUSD on Ethereum and Polygon. The stablecoin has since expanded to additional networks, including Base and Solana.
The company says eUSD is fully backed by dollar deposits held at FDIC insured banks and short term US Treasuries. However, eUSD and the bank accounts connected to it are not themselves FDIC insured.
The wallet combines the account with assisted self custody, giving users access to both traditional bank transfers and digital asset applications through one interface.
Telcoin plans to expand the platform with merchant and institutional accounts, as well as APIs that allow other financial companies to integrate eUSD.
The company is also developing Telcoin Network, a layer one blockchain designed to be validated by telecommunications companies and support its wider multicurrency Digital Cash system.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
First US Bank Accounts Tied Directly to On-Chain DollarsTelcoin Digital Asset Bank has announced that US users can now open a bank account natively connected to its bank-issued eUSD stablecoin, a move the company says makes it the first to link US bank accounts directly to on-chain dollars.
According to a press release dated June 23, 2026, the accounts are accessible through the Telcoin Wallet and give users a single regulated account for holding dollars, making payments, and interacting with digital assets. The structure also permits faster payments, lower transfer costs, and round-the-clock access to financial services on blockchain rails.
Unlike most crypto-linked banking products that rely on third-party ramps or fragmented balances spread across multiple apps, Telcoin's model connects banking rails directly to eUSD at the base layer. The bank is the only blockchain bank explicitly authorised to connect US consumers to decentralised finance (DeFi) under a regulated framework.
A Charter Years in the MakingThe foundation for the launch was laid in November 2025, when Telcoin received final charter approval from the Nebraska Department of Banking and Finance, becoming the first Digital Asset Depository Institution (DADI) in the United States. The charter was enabled by the Nebraska Financial Innovation Act, which Telcoin helped develop in 2021.
The eUSD stablecoin underpinning the accounts is fully backed by US dollar deposits and short-term Treasuries held in regulated reserves, setting it apart from offshore or non-bank stablecoin issuers. The bank's launch also aligns with the passage of the federal GENIUS Act, which provides formal guidance for stablecoin issuers operating in the US.
Paul Neuner, Founder and CEO of Telcoin, said: "Today brings the first true crypto bank to the US market." He added that the goal is to prove payments, finance, and banking can happen natively on-chain rather than simply offering another place to hold digital assets.
Looking ahead, Telcoin Digital Asset Bank plans to expand into merchant and institutional accounts, add compliant yield on eUSD balances, and launch debit card functionality. The company is also preparing the Telcoin Network, a layer-1 blockchain validated by telecommunications networks, which it says will further extend the reach of eUSD globally.
Sources:
Telcoin official press release, PR Newswire, June 23, 2026
Telcoin DADI charter announcement, Business Wire, November 12, 2025
Telcoin secures first regulated digital asset bank in the US, The Digital Banker
Alpaca Finance token experienced a significant surge this week, reaching a high of $0.227, the highest level since April 8.
ALPACA (ALPACA) rose by over 252% from its lowest point this year, making it one of the top-performing coins of the week. Its market cap climbed to over $37 million, while its 24-hour trading volume spiked to $142 million.
The token’s surge followed the listing of its perpetual futures on Binance, the largest centralized exchange in the industry. This listing potentially exposed the token to over 216 million users on the platform.
In addition to Binance, WhiteBit, a partner of FC Barcelona, also listed Alpaca Finance’s perpetual futures. According to WhiteBit’s website, it recorded a 24-hour trading volume of over $6.5 million.
Alpaca Finance is one of the top Decentralized Finance dApps in the BNB Smart Chain ecosystem with over $55 million in funds deployed across its V1 and V2 networks. It is an alternative to AAVE (AAVE) that lets people borrow and earn rewards.
It is common for altcoins to see substantial gains following their listing on major exchanges like Binance and Coinbase.
Alpaca token gets overbought Alpaca token price | Source: TradingView Alpaca’s price surge coincided with the convergence of two lines forming a falling wedge pattern, a technical setup that typically signals further upside potential.
The token broke above the key resistance level at $0.1940, the highest point on June 5, and surpassed both the 200-day and 50-day moving averages. This move indicates that bullish momentum is currently strong.
Alpaca reached a high of $0.2778, aligning with the weak, stop & reverse level of the Murrey Math Lines tool.
However, there are signs that it has gotten highly overbought. The Relative Strength Index rose to the extremely overbought point at 86 while the Money Flow Index indicator moved to 97.
While these overbought conditions reflect strong bullish momentum, they also suggest that a sharp reversal could occur as the initial excitement from the exchange listings fades. If a pullback happens, the key reference level to monitor would be $0.1940, which aligns with the major support/resistance pivot point of the Murrey Math Lines.
Alpaca Finance’s ALPACA price is up 422% in less than eight hours today, jumping from $0.181 to $0.950. To everybody’s surprise, this altcoin suddenly dropped 92% on Tuesday, leading to speculation that another crypto ‘cabal’ or holders were offloading their tokens simultaneously.
Why is ALPACA Price Up 422%? Alpaca Finance’s website claims it is the “largest lending protocol allowing leveraged yield farming on BNB Chain and Fantom.” However, the token dropped more than 92% in a single four-hour candlestick on April 29. In an interesting turn of events, the ALPACA price is up 422% in just seven hours, climbing from $0.181 to $0.950. This sudden rally has caught investors off guard.
ALPACA/USDT Chart Due to the sudden collapse, many compared Alpaca’s altcoin condition to that of OM, another cryptocurrency that suddenly dropped more than 90% a few weeks ago. Even before this announcement, Binance announced plans to delist ALPACA.
Many crypto KOLs and investors speculate that the 422% rally is mainly due to the Binance delisting, which will take place on May 2.
ALPACA/USDT 1-hour chart Alpaca’s 90% Crash and 422% Rally Timeline Here’s the exact timeline of events surrounding Alpaca Finance’s ALPACA token’s 90% crash and 422% rally.
April 24 – Binance Announces Delisting Plans.
Binance announces on April 30 plans to delist 4 tokens, including Alpaca. This caused a short-term, volatile movement that crashed ALPACA price by 52% on the same day. The same day, this altcoin soared 171% and set a high of $0.105. April 25 – Accelerated Settlement Induces Long-Short Competition
Due to the delisting announcement, competition between bulls and bears erupted, pushing the ALPACA token to clock in 245% gain on April 25. April 26 – ALPACA Price Doubles Anticipating Delisting
The April 25th rally continues, pushing Alpaca Finance’s token to double in value from $0.155 to $0.347. April 27 – 29 – Sustained Downtrend
For the next three days, the ALPACA token continued its downtrend despite attempts from buyers to sustain the uptrend. On April 29, Binance announced adjustment to funding rate due to the massive rally and crashes. i.e., Binance raised the funding rate cap to ±4%. April 30 – Today
Today ALPACA price shot up 422% from a low of $0.181 to $0.950. Investment disclaimer: The content reflects the author's personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Check out what could have propelled the staggering upswing.
TL;DR
Alpaca Finance (ALPACA) saw an unexpected 2,300% price surge despite Binance announcing its delisting. Despite the major rally, traders should tread carefully since the RSI has entered overbought territory at a ratio of 93. The Gigantic Surge The cryptocurrency market is an unusual place, and it is not rare for certain tokens to experience triple or even quadruple price increases in a short period of time.
Such is the case with Alpaca Finance (ALPACA), whose valuation exploded by roughly 2,300% in the last week. As of this writing, it trades at around $1.08 (per CoinGecko’s data), the highest level since the end of 2021.
ALPACA, Source: CoinGecko Its explosive growth could be viewed as a surprise, considering that Binance decided to terminate all trading services with ALPACA several days ago. The actual delisting is scheduled for May 2, and initially, the news triggered a double-digit price decline for the asset. After all, such action reduces the liquidity and visibility of the affected token and damages its reputation. So, nothing out of the blue, right?
What followed, though, was rather unexpected and, according to several posts on X, could be attributed to a “short squeeze.” After the delisting announcement, many traders supposedly opened short positions, anticipating a substantial price decline for ALPACA. As mentioned, such a drop indeed transpired, but only briefly, and the subsequent rally might have caused major damage.
This, in turn, led to a short squeeze, where traders who had opened short positions, expecting the price to go south, were forced to buy back tokens to avoid further losses and liquidations, which pushed the asset further upwards.
It’s important to note that a substantial price decline often follows a short squeeze as the forced buying eventually ends, and there’s little demand left to sustain the inflated valuation. This, combined with profit-taking by traders, typically intensifies the subsequent downward.
You may also like: Binance Makes a New Push to Secure EU Approval Pushing Back at Reuters: Inside Binance’s Fight for Its European Future Analyst Identifies 3 Altcoin Sectors Positioned to Survive Market Shakeout Another factor potentially contributing to the rally is the burning program Alpaca Finance has adopted. The project has completed 214 weekly buyback and burn events, cumulatively removing almost 35 million ALPACA tokens from circulation, representing approximately 18.6% of the maximum supply.
Fundamental principles of economics dictate that reduced supply, combined with steady or increasing demand, pushes prices higher.
Traders Should be Careful One important element suggesting that ALPACA’s pump might be abruptly suspended in the short term is the Relative Strength Index (RSI). The momentum oscillator, which measures the speed and magnitude of recent price changes, varies from 0 to 100.
Readings above 70 indicate the cryptocurrency has entered overbought territory and could be headed for a pullback. Data shows that ALPACA’s RSI has soared to 93, signaling a bearish scenario.
Despite the news that Binance will delist the token on May 2, Alpaca Finance shocked the cryptocurrency market with a 1,100% price increase in the last week.
Binance announced on Apr. 24 that it would remove ALPACA and three other tokens from its platform following a routine evaluation. The exchange cited factors such as low trading volume and developer inactivity. ALPACA spot trading pairs will be disabled on May 2, while deposits and withdrawals were phased out in the days after the announcement.
Normally, tokens drop in value after delisting news, but ALPACA did the opposite. After briefly declining in response to the news, ALPACA surged by as much as 2,300% in just a few days, jumping from $0.029 to a peak of $1.47, a 60x increase on some trading pairs. ALPACA is now trading at $0.53, down 40% in 24 hours but still up 1,100% over the past week, as per CoinGecko data.
The rally appears to have been driven by a short squeeze. After the delisting news, many traders opened short positions expecting the price to collapse. However, they were forced to buy back the token to cover losses when ALPACA unexpectedly surged, which caused the price to rise even further.
The squeeze was further tightened when Binance modified its funding rates. The funding cap was increased from ±2% to ±4%, and settlement intervals were reduced from four hours to one hour, which resulted in higher costs for short sellers. This made holding bearish positions expensive and risky.
Meanwhile, ALPACA’s supply tightened. A supply shock was caused by the team’s suspension of new token issuance and the burning of about 35 million tokens, or 18.6% of the maximum supply.
Some on-chain observers suspect market manipulation. Positions totaling more than $50 million, including $43 million from short sellers, were liquidated. It’s possible that coordinated whale activity contributed to price increases which caught leveraged traders off guard.
The situation was likened to the Gamestop short squeeze of 2021, in which institutional short sellers were outbid by retail traders. However, there are still concerns about how long the ALPACA pump can last and what will happen after Binance’s final delisting.
Bitcoin nears $97,000, while altcoins like KAITO and Alpaca Finance lead gains.
The cryptocurrency market remained relatively flat on Wednesday as investors digested the Federal Reserve’s decision to leave interest rates unchanged.
At the time of writing, Bitcoin (BTC) is up 2.5% to nearly $97,000 over the past 24 hours, while Ethereum (ETH) has gained 3% to reach approximately $1,815. XRP also recorded an increase, albeit more modest, rising 1% to $2.13. Meanwhile, Solana (SOL) climbed 2% to $145.
BTC PriceTwo standouts among altcoins include KAITO, which surged 47% to $1.29, and Alpaca Finance, which rose 38% to $0.28.
The total cryptocurrency market capitalization remains flat on the day at around $3.03 trillion. Meanwhile, leveraged liquidations totaled approximately $249 million, according to CoinGlass. BTC accounted for around $93 million of these liquidations, with ETH following at approximately $45 million.
Meanwhile, spot BTC exchange-traded funds (ETFs) recorded $86 million in outflows on Wednesday. Spot ETH ETFs experienced around $18 million in outflows, according to SoSoValue data.
Fed Holds Rates SteadyThe slowed market activity comes as the Federal Reserve held interest rates steady on Wednesday, maintaining its benchmark federal-funds rate at 4.25% to 4.50%. This decision came at the conclusion of a two-day meeting of the Federal Open Market Committee (FOMC).
The move was widely anticipated by markets, and Fed officials emphasized they are closely monitoring the implications of existing policies before considering any future adjustments. "Uncertainty about the economic outlook has increased further," the FOMC said.
The Fed’s decision comes amid growing pressure from President Donald Trump to lower interest rates. Over the past few weeks, Trump has been increasingly vocal in criticizing Federal Reserve Chair Jerome Powell and his handling of monetary policy.
In a social media post on April 18, Trump wrote: “The ECB is expected to cut interest rates for the 7th time, and yet, ‘Too Late’ Jerome Powell of the Fed, who is always TOO LATE AND WRONG, yesterday issued a report which was another, and typical, complete mess!”
Once a top protocol on BNB Chain, Alpaca Finance will discontinue leveraged yield farming, stablecoin services, and its perpetual exchange by December.
Alpaca Finance, a decentralized finance project known for leveraged yield farming on BNB Chain, is shutting down after four years — and while the team says it’s the “most responsible” move for the community, the market didn’t take it well, with ALPACA (ALPACA) falling nearly 30% to $0.1126.
In a blog post late Monday, the Alpaca Finance team said it had made “the incredibly difficult decision to begin sunsetting Alpaca Finance and all of its products,” citing shrinking revenue, failed acquisition talks, and the recent delisting of ALPACA from Binance as reasons behind the move.
“This choice wasn’t made lightly, but we believe it is the most responsible course of action to safeguard our community and ensure a graceful and secure wind-down.”
The Alpaca Finance team
Alpaca Finance launched in early 2021 with a leveraged yield farming platform that gained traction on BNB Chain. Over time, the team introduced other products such as automated vaults, an AUSD stablecoin, and a perpetual trading platform dubbed “Alperp.”
However, the launch of concentrated liquidity AMMs “fundamentally shifted the landscape,” the team said, adding that “traditional leveraged yield farming became significantly less compelling and much more difficult to do profitably.”
The team also admitted it had “been operating at a loss for over two years,” even after downsizing, adding that continuing under these conditions “is simply not sustainable.” The Alpaca Finance team says it explored mergers and acquisitions but added that “these deals fell through” as the market weakened in early 2025.
The recent delisting of ALPACA from Binance “was another major blow,” as it “not only limits token accessibility but also restricts our ability to deploy our remaining warchest effectively toward any new initiatives,” the team wrote in the blog post. The shutdown will proceed gradually, with key deadlines set between June and December.
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.
Yield farming platform lost its mojo.Alpaca was a popular DeFi project.If DeFi is a Darwinian race with no finish line, then this week, another runner just dropped out.
On Monday, Alpaca Finance, once a major DeFi yield farm, announced that it was shutting down in a post on Medium.
The four-year-old protocol, which has suffered a 94% plunge in investor funds, to $55 million, in the last four years, isn’t making its exit because of a hack or malicious exploit.
Rather, it was something simpler, slower, and far more lethal that spelled its end: the cold arithmetic of obsolescence.
Revenue problemsAlpaca’s team said declining revenues and waning user interest, coupled with mounting operational costs, were insurmountable.
Despite making cost-cutting measures and introducing new product ideas, revenue stayed moribund, and the team said it had been operating at a loss for over two years.
“There’s no more business,” said an Alpaca admin who goes by Bibendus on the project’s Discord server.
Alpaca’s demise is not without a sense of irony. Most DeFi experiments fail because they are unable to find product-market fit.
But not Alpaca.
It found its audience early and amassed investor funds. Alpaca’s popularity in 2021 coincided with the degen craving for yield amplification through borrowing and farming.
It was simple and effective in a risk-averse market hungry for outsized returns.
But DeFi isn’t static. The rules change.
Concentrated liquidityIn Alpaca’s case, the change came in the form of concentrated liquidity automated market makers, or AMMs. Think Uniswap’s third iteration, called v3, and its many copycats.
These new, buzzier protocols rewarded users for precision liquidity provision, supplying capital at tight price bands, thereby reducing risk exposure.
They also delivered built-in leverage in their design, which made Alpaca’s external leverage model redundant.
As part of the shutdown process, Alpaca will disable the option to create new positions in June. The team also asked users to exit their active positions or be automatically closed by the end of next month
Users will still be able to withdraw their funds until the end of the year, after which the front-end website will go offline.
Crypto market moversBitcoin has traded flat over the past 24 hours and is at $109,697.Ethereum is 2.9% over the same period and is at $2,638.What we’re readingHow Trump’s memecoin dinner just reshaped Satoshi Nakamoto’s breakthrough ― DL NewsSolana is the app revenue king — Milk RoadJudge Overturns Fraud Convictions of Mango Markets Exploiter ― UnchainedIs Solana DeFi undervalued? — Milk RoadMost XRP investors bought the top. Here’s how long they’ll need to wait until the next surge ― DL NewsOsato Avan-Nomayo is our Nigeria-based DeFi correspondent. He covers DeFi and tech. Got a tip? Please contact him at [email protected].
Coin PricesCrypto rally stalls, BTC Vegas today, Circle files for IPO
Crypto rally stalls, BTC Vegas today, CIRCLE files for IPO FOMO HOUR EP365 BTC rally stalls under $110k on profit taking. BTC options OI hits new record. Hyperliquid whale loses $67m in 5 days. SOL co-founder sees KYC details doxxed. Trump Media denies plan to buy $3bn of crypto. Bitcoin Vegas begins today. Strategy acquires $427m BTC. Blockchain Group issues EUR63m bond to buy BTC. Onchain proof-of-reserves a bad idea: Saylor. Florida could end cap gains tax on crypto, stocks. SUI to allocate $10m for security. Circle files for IPO, denies sale talks. SBF’s sentence to be reduced by 4+ years. Tom Brady invests in Catena Labs. Alpaca Finance to wind down. Meteora now top fee-generating dApp on SOL. Bitlayer collabs with major mining pools on BitVM. Thailand to integrate crypto payments for services. FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at present with some of the biggest names in the ecosystem. Streaming live 5 days per week, Monday to Friday 10:00 AM EST to 11:00 AM EST on YouTube and X. JOIN YEET = https://yeet.com/register?aff=fomohour PLAYLIST = https://www.youtube.com/playlist?list=PLGSgoImPFTiVpkHhLXF78cE_Z3uG7VNGL PODCAST = https://x.com/i/spaces/1kvKpydgqMQGE LIVE SPACE = https://x.com/i/spaces/1yoKMoMzdznJQ Links: https://linktr.ee/fomohour https://twitter.com/fomohour https://www.rug.fm/ https://x.com/rugradio Hosts: https://twitter.com/farokh https://twitter.com/rektmando https://twitter.com/tyler_did_it Myriad: https://myriad.markets https://x.com/MyriadMarkets #bitcoin #crypto #podcast
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Kyber and Alpaca lead crypto gains with weekly surges of 139.2% and 194.4%, respectively. XRP hits $2.77 with $16.3B volume, maintaining strong market cap and trading activity. BAKE posts the only loss this week, falling 3.9% amid broad altcoin uptrend. Kyber Network (KNC) and Alpaca Finance (ALPACA) led the weekly gainers list as of July 12, 2025, according to updated data tracked by Phoenix Group via CoinMarketCap. Both assets saw large percentage increases over the past seven days, outpacing other trending cryptocurrencies by a wide margin. XRP also held its place among top-trending tokens, maintaining high market activity and capitalization levels as the broader crypto market continued to register concentrated movements in selected altcoins.
Kyber Network recorded a 139.2% gain this week, closing at a price of $0.67. The token posted a trading volume of $974.6 million over the seven days, placing it among the most actively traded altcoins currently trending on CoinMarketCap. Alpaca Finance, which saw the largest percentage gain on the list, rose 194.4% to trade at $0.036. Its 24-hour trading volume reached $18.3 million, signaling a notable uptick in short-term market interest.
Other gainers included Ark (ARK), which gained 31.7% over the week to reach a trading price of $0.75. Measurable Data Token (MDT) also showed a strong performance, rising 33.1%. IDEX posted a 22.5% increase, with $497 million in weekly trading volume, despite having a relatively minor market capitalization of $21.5 million.
XRP Maintains Uptrend with High Market Participation XRP has further attracted the attention of the institutions and retail markets, which further increased by 37.6% this week to trade at $2.77. It remained one of the valuable digital assets on the list, with a cumulative market cap of $163.6 billion. One of the greatest trade volumes of the day was exposed by XRP, standing at $16.3 billion, which guaranteed continued demand and high liquidity in the latest trades.
Meanwhile, lower-cap tokens such as Proton (XPR) followed suit and recorded a corresponding percentage rise of 37.6% over the same period, indicating replicating investor activity. Fusionist (ACE) increased by 15.5% to $0.35, and WEMIX went up by 25.2% to $0.51, with an equivalent trading volume of 15.5 million and a market capitalization of 233.7 million.
BakerySwap (BAKE) was the sole asset on the list to close the week in the red. It dropped 3.9% across the same period, differing from the broader upward trend among other trending cryptocurrencies. Most of the tokens listed were traded predominantly on Binance, followed by other major platforms, including Coinbase and KuCoin.
AUTHOR
Peter Mwangi is an accomplished crypto news writer with over three years of experience. He is recognized for producing insightful, well-researched content across major crypto publications. As an expert in blockchain technology, digital assets, and decentralized finance, he can uniquely simplify complex topics into engaging, accessible narratives. His strong storytelling and analytical skills, combined with a passion for continuous learning and collaboration, make him a valuable asset to the BlockchainReporter team.
