Bitcoin (BTC) has surged from around $108,000 on September 1 to above $115,000 at the time of writing – recording a gain of roughly 4% over the past two weeks. However, fresh on-chain data suggests that Bitcoin may be on the cusp of a fresh rally that could propel it to new all-time highs (ATH).

Bitcoin Rises Above Mid-Term Holders’ Realized Price

According to a CryptoQuant Quicktake post by contributor ShayanMarkets, Bitcoin’s recent rebound from $107,000 to just above $114,000 has lifted the digital asset over the Realized Price of mid-term (3-6 months) holders.

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For the uninitiated, the mid-term holders’ Realized Price is the average acquisition cost of Bitcoin held by wallets that last moved their coins within the past 3–6 months. It serves as a key pivot level, often acting as support or resistance that reflects sentiment and potential sell pressure from this cohort.

Per analysis by ShayanMarkets, the mid-term holders’ Realized Price currently stands at around $114,000. Now that BTC has surged above this level, the likelihood of an immediate sell-off has reduced significantly. The analyst added:

A firm breakout and hold above this level would confirm renewed confidence from mid-term holders, potentially serving as the launchpad for another bullish leg that could propel Bitcoin to new all-time highs. Conversely, failure to hold above $114K risks shifting sentiment back toward caution and opens the path to deeper corrective moves.

A Bump On The Road For BTC

Fellow CryptoQuant contributor Gaah brought attention to short-term holders’ (STH) Spent Output Profit Ratio (SOPR), normalized with a 30-day moving average. The contributor noted that after four months of consistently operating above the break-even line, the indicator is now showing that STH are selling their holdings at a loss.

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The STH selling their BTC at a loss indicates a “momentary loss of confidence” on the part of speculators, who are typically more sensitive to changes in price. Although BTC has jumped from $60,000 to as high as $125,000 over the past year, the SOPR STH has recorded descending peaks.

In past cycles, a sharp surge in price was usually accompanied by peaks in the Extreme Greed region, suggesting strong retail participation. However, the current market cycle did not see any such dynamic at play, hinting that the rise in price was likely sustained by institutional investors.

Gaah added that historically, market tops have only been confirmed when SOPR STH levels reached levels of extreme greed, a development that has not yet occurred in the current rally. As a result, the long-term trend remains firm, and the current realization of losses may just be a temporary healthy pullback.

That said, some analysts caution that Bitcoin may already be very close to hitting its peak for this market cycle. Others predict that BTC may slump in September, before it resumes its bullish trajectory in Q4 2025. 

Still, some analysts forecast Bitcoin reaching as high as $150,000 by Christmas. At press time, BTC trades at $115,050, up 0.7% in the past 24 hours.

Featured image from Unsplash, charts from CryptoQuant and TradingView.com

Crypto Journalist

Anas Hassan

Crypto Journalist

Anas Hassan

About Author

Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.

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Last updated: 

September 3, 2025

SOL price prediction scenarios have intensified as Solana broke through $209 resistance levels while Galaxy Digital made blockchain history by launching SEC-registered GLXY tokens directly on the Solana network.

This marks the first time a publicly listed U.S. equity has been issued natively on a major public blockchain.

Technical analysis reveals SOL maintaining its position above key ascending support around $190-200, with multiple projections targeting $225-291 in the coming months.

Galaxy Digital Develops Blockchain Equity Integration

Galaxy Digital launched tokenized GLXY shares, allowing holders of SEC-registered Class A common stock to convert shares into native tokens on Solana.

Each on-chain GLXY represents an actual share with identical legal and economic rights as traditionally held stock, not wrapped derivatives.

The tokenization process requires KYC verification through Superstate, Galaxy’s digital transfer agent.

Only allowlisted addresses can hold or receive tokens, which is implemented to preserve shareholder records and meet AML obligations while allowing corporate actions.

Galaxy selected Solana for its speed, throughput, and growing role as a high-volume spot trading Layer-1 blockchain.

The firm emphasized primary issuance on L1 networks to preserve unilateral exits and minimize centralized control points, though Ethereum support is planned for future phases.

Trading restrictions currently limit tokenized GLXY to bilateral transfers between KYC-approved addresses.

AMM and DEX trading remains unavailable pending regulatory clarity, though Galaxy argues automated market makers should function as autonomous escrow mechanisms rather than regulated exchanges.

Ascending Support Structure Maintains Bullish Framework

As the market is gearing up, SOL’s 4-hour chart maintains its position above the key ascending trendline support that has provided a foundation throughout the rally from $120 to the current $209 levels.

The blue ascending support line confluences with the 200-period EMA around $190, which creates a strong technical foundation for continued momentum.

Similarly, the RSI reading of 14 suggests SOL approaches oversold conditions on this timeframe, potentially supporting bounce scenarios if ascending support holds.

The MACD indicator shows values around 12.26, maintaining positive momentum despite recent consolidation.

Stochastic readings of 14.1 also indicate potential for short-term upside if SOL sustains above ascending support levels.

However, momentum indicators are already at elevated levels, suggesting limited room for expansion before potential divergences develop.

This technical setup requires careful monitoring of support integrity around $190-200 zones.

Channel Projections Target $291 Following Support Retest

Daily chart analysis reveals SOL’s movement within a well-defined ascending channel structure, with September projections indicating an initial support test, followed by a resumption toward channel resistance.

SOL is currently around $208, and occupies middle channel territory with projected decline toward $190-200 support before rallying toward $240 upper boundary.

Multi-target analysis reveals SOL positioned within converging trendlines, with horizontal resistance levels marked at $174.36, $211.99, $ 224.10, and $291.04.

The current projection suggests a specific sequence involving a decline toward the $170 support level, followed by recovery, ultimately targeting $291, representing an approximately 40% gain from current levels.

Moreover, a weekly comparison to autumn 2023 price action, around $24, suggests a similar consolidation pattern may be developing at higher absolute levels.

As it stands now, SOL may be building energy for another major leg higher, potentially targeting the $400-500 range based on measured moves from the current consolidation.

The immediate focus centers on SOL’s ability to maintain above the ascending support while building momentum for an assault on the $225-240 resistance zone.

A successful break above these levels would validate more optimistic projections toward $291 and beyond.

Is Snorter the Next 100x Telegram Bot Everyone’s Using?

While SOL prepares for a potential breakout toward new highs, this new trading bot is already showing strong presale performance.

Smart traders know that finding the right utility token early can lead to massive returns during bull markets.

Snorter is getting attention because it makes Solana trading faster and safer. The bot works inside Telegram and can buy tokens in under one second using private RPC connections.

The presale has raised over $3.6 million so far. Early buyers can earn around 127% staking rewards for holding their coins.

Above all that, here’s what matters: the best trading tools get adopted quickly once they prove they work.

Snorter launches fully in Q3 2025 with features like copy trading and rug pull protection. This means you should buy soon if you want presale prices.

You can buy SNORT tokens on their website using SOL, ETH, USDT, or credit cards.

Visit the Official Website Here

Shiba Inu (SHIB) continues to battle bearish pressures in the cryptocurrency market as the meme coin faces volatility. Amid these developments, Lucie, the marketing lead of the SHIB ecosystem, has dropped insights into the asset’s appeal factors.

Exchanges and wallet distribution boosting SHIB’s credibility

In a post shared with the community on X, Lucie highlighted that the distribution of Shiba Inu is not centralized in a few individuals. Rather, it is spread across several major exchanges and people.

According to Lucie, major wallets on Binance, Robinhood, Crypto.com, among others, have trillions of SHIB in their custody.

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These SHIB tokens are held on behalf of the millions of users invested in the Shiba Inu project. The volume of SHIB held in the wallets of these exchanges represents the top 10 holders’ count.

Besides these wallets on exchanges, individuals also have a sizable number of SHIB in their custody. The SHIB marketing executive noted that over 1.5 million individual wallets are hosted on Ethereum alone. This suggests the massive spread of ownership distribution.

In terms of geographic spread, Shiba Inu is highly concentrated in the United States of America, India, Turkey and East Asia. Other regions include Europe, Latin America, Africa and Southeast Asia.

She noted that this decentralized nature of SHIB holders could serve to enhance security and prevent price volatility from a few controlling owners.

Market performance and “Sparktember” outlook

As of this writing, the Shiba Inu price was changing hands at $0.00001243, representing a 1.18% increase in the last 24 hours.

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However, investors remain cautious of the bearish outlook of the meme coin, resulting in a 17.5% decline in trading volume to $180.3 million within the same time frame.

Despite this outlook, there is growing optimism among some community members that September will be bullish. They expect the month to trigger utility and new launches for SHIB and have dubbed it “Sparktember.”

How the dog-themed meme coin performs will be revealed with the passing of time.

Ethereum (ETH) recorded a blistering rally of over 15% in the past 24 hours and surpassed its 2021 all-time high of $4,869.47 on Aug. 22.

As of press time, the second-largest crypto was trading at a high of $4,888 and was continuing to move upward.

Federal Reserve Chair Jerome Powell prompted the price increase after signaling potential interest rate cuts at the Jackson Hole symposium. After Powell’s dovish remarks in Wyoming, the crypto market rallied more than 4% within the hour to reclaim the $4 trillion mark. 

The Fed Chair stated that “the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance,” sparking widespread speculation about September rate cuts.

Odds on Polymarket of a potential 25 basis point cut in Sept. 17 jumped from 57% to 79% in a few hours after Powell’s speech.

UBS analysts noted that Powell’s dovish remarks represent “the framing and justification of an inflection in policy bias,” with the Fed Chair shifting mandate emphasis from inflation to employment concerns.

Market-Wide Rally

Bitcoin jumped more than 4% over the past 24 hours, climbing to roughly $117,000 as of press time.

Major cap altcoins followed Bitcoin and Ethereum. BNB recorded a new all-time high of $900 and is priced after climbing over 7% over the period, while XRP, Solana, and Dogecoin posted double-digit percentage gains.

Traditional markets mirrored crypto’s performance, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average each rising approximately 2%. 

The US dollar weakened against gold and other major assets as investors anticipated easier monetary conditions.

Recovering from multi-year lows

Ethereum’s breakthrough marks a significant reversal from its multi-year low of $1,385.41 reached in April 2025, the token’s lowest price level since March 2023. 

The rally damaged leveraged traders, with Coinglass data revealing over $553 million in liquidated positions during the past 24 hours.

Short sellers bore the brunt of losses, accounting for $308 million in liquidations, while long positions shed about $325 million. Ethereum dominated liquidation volumes with $251 million erased, followed by Bitcoin at $102 million.

The Fed’s potential September rate cut could expand liquidity further, potentially extending crypto’s current momentum as markets remain closely tied to US monetary policy decisions.

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If you work in a nine-to-five for diminishing wages and dwindling self-respect, the author of The Bitcoin Age (Amazon affiliate link), Adam Livingston, says Bitcoin can help you break the chains of ‘wage slavery’. Let’s take a closer look.

Wage slavery: you are not employed, you are monetized

In today’s economy, most people like to think of themselves as “employed.” Working hard, building a career, and moving up the ladder. Well, it’s time to wake up and smell the coffee, as Livingston bluntly warns:

“You sell your time for melting tokens that depreciate while you sit in traffic and rehearse what you’re going to say to HR after another Pizza Party raise.”

This cycle is what he calls wage slavery. You exchange hours of your life for currency that loses value by the day. The “grind” isn’t just a figure of speech; it’s real.

Livingston points to the rigged system we’re living in as prices rise, wages stagnate, and the retirement dream fades further into the background. Rents are up by more than 40%, eggs have become a luxury item, and salaries are frozen in time.

“The money printer goes brrr. Your paycheck goes missing. The system isn’t broken. It’s just not for you.”

The purchasing power of the U.S. dollar has fallen by about 95% since the 1970s. Imagine leaving your hard-earned wages in a bank for fifty years.

That’s not all: In 1970, the average UK house cost less than three times the average annual wage; by 2025, it’s more than seven times the average wage. Buying a home has become dramatically less affordable for the average worker over the past 55 years.

On the ‘fiat farm’, you get milked for your labor, sheared by taxes and inflation, and harvested for “productivity metrics” and Slack messages.

“They call it ‘the grind’ because you’re getting ground into paste.”

It’s a rigged, extractive machine, and opting out isn’t about protest or riot. It’s about quietly walking away from dependence on the system.

All is not lost: Bitcoin as a time machine

If you’re ready to get off the sinking ship, Bitcoin is your liferaft. Livingston describes Bitcoin not as a speculative gamble, but as a time machine for poor people:

“It doesn’t inflate. It doesn’t lie. It doesn’t ask permission. You’re not buying magic internet money. You’re buying back your future. One sat at a time.”

Where fiat is designed to decay, Bitcoin offers a fixed supply, enforced by code rather than political whim. Compounding the problem of wage slavery is the fact that you’ve been given poor investment advice all your life, according to Livingston. Traditional financial advice sounds safe on the surface:

“Buy bonds.”

“Diversify.”

“Mutual funds are safe.”

But diversification is just managed poverty, he argues. The point isn’t to mindlessly spray money across asset classes that all sink with inflation; it’s to escape the system driving that decline.

“But I’m broke!” you argue, I can’t even save for my vacation, let alone put money aside for my financial future. That’s a good thing, Livingston argues, flipping the usual fear on its head:

“That means you’re paying attention.”

Stacking Bitcoin isn’t about being rich. “It’s about not disappearing.” Even $5 a day matters. So, cut Netflix. Cancel the aimless brunches, and start reclaiming your sovereignty one sat at a time.

Ethereum breaks new ATH in Japan and Korea, reaching 639,455 yen and surpassing the previous record of 632,954 yen, dating from December 17, 2024.

A similar event took place in South Korea, where $ETH reached 5,971,000 won, beating the previous record of 5.9M won from December 2021.

The sudden surge is unlikely to be the effect of the changing exchange rate, which is known to influence the crypto market, because both the yen and the won appreciated against the US dollar.

Normally, this would suggest that crypto prices should go down, except the Japanese and the South Korean markets experienced the opposite. The only other explanation is an increase in local demand.

But what’s the driving force behind the surge in investor interest?

Growing Institutional Adoption Driving Ethereum Up

The likeliest explanation for $ETH’s record performance on the Asian markets is the growing institutional adoption at the global level, with companies like Bitmine leading the pack with an iron hand.

Bitmine has the largest Ethereum treasury, worth over $2.9B, with Chairman Thomas Lee stating that:

So, not only is Bitmine the largest $ETH player, but it plans to keep staking Ethereum for the foreseeable future, taking a page out of Strategy’s playbook, the largest Bitcoin holder in the world, with 628,946 $BTC, worth over 75$.

Trump’s recent executive order, which allows crypto into the 401(k) plans, also played a critical role in pushing $ETH up the food chain.

If and when that happens, keep your eye on the following three projects, which show the highest growth potential in 2025.

1. Snorter Token ($SNORT) – Multi-Chain Token Sniper That Rewards Opportunistic Traders

Snorter Token ($SNORT) is a Solana/Ethereum-based project that introduces the Snorter Bot, the opportunistic trader’s best friend.

The Snorter Bot tracks down and snipes hot tokens milliseconds after liquidity becomes available, making it more reactive and effective even than UIs like Pump Fun, Raydium, and Jupiter.

The Bot solves most problems associated with manual coin hunting, which include the risk of scams like honeypots and rug pulls, as well as the high entry-level tech knowledge requirement.

As a novice trader, you only need to learn how to customize the Bot to your liking, enabling its real-time alerts to protect against suspicious projects and setting up the specifics. The Bot will do the rest.

Snorter Bot is the ideal trading partner for beginners and professional traders, helping you target hot assets before they lose steam.

$SNORT powers the ecosystem with the help of a $2.9M presale and a price of $0.1009.

Given the project’s long-term potential, this may be the perfect time to invest. Our analysts predict a $1.02 $SNORT by the end of 2025, for a 910% growth.

2030 could see $SNORT pushing up to $1.50 or higher, depending on the mainstream appeal and implementation.

You can buy your $SNORT today by going to the presale page and following the steps.

2. Dogecoin ($DOGE) – The Friendly Shiba Dog Leading the Meme Market

Dogecoin ($DOGE) is the world’s most popular and beloved Shiba-dog-turned-meme, sitting at the forefront of the meme market.

While it started as a purebred meme coin, Dogecoin soon gained blockchain utility as peer-to-peer currency.

Today, you can spend $DOGE in online shops with third-party providers like Bitpay and Coinbase. The Dogecoin Foundation plans to expand on that and turn

$DOGE into people’s coin, pushing it into the mainstream even more, if that’s even possible.

$DOGE is backpedalling now, trading at $0.2291, witnessing a small contraction over the past 24 hours. However, this comes after a 12.75% push over the past week, which could paint this minor seatback as a buy signal.

Especially since analysts like Ali Martinez predict another bull run, similar to 2021’s ATH, when $DOGE experienced a 13,000% pump.

If you want to join the $DOGE run, go to your favorite exchange and refill your portfolio today.

3. Bitcoin Hyper ($HYPER) – Bitcoin’s Layer 2 Upgrade Promising Solana-Level Network Performance

Bitcoin Hyper ($HYPER) is Bitcoin’s official Layer 2 upgrade that promises a Solana level performance boost with the help of tools like the Canonical Bridge and Solana Virtual Machine (SVM.)

The Canonical Bridge connects the Bitcoin ecosystem to Hyper, minting wrapped Bitcoin into the Layer 2 in numbers equivalent to what the users deposit into the Bitcoin network. The Bitcoin Relay Program is the main transaction validator, ensuring fast throughput.

The Canonical Bridge decongests the Bitcoin network and enables near-instant finality, aside from supporting complex DeFi operations like DEXs and staking.

The Solana Virtual Machine (SVM) enables lightning-fast execution for DeFi apps and smart contracts for Solana-level throughput and scalability.

These tools aim to lift Bitcoin’s traffic cap, currently at 7 transactions per second (TPS), and bring it more in line with modern standards. By comparison, Solana works with 2,909 TPS.

$HYPER is in presale now and has already accumulated over $8.3M, making it one of the most successful presales of 2025. Based on the project’s long-term goals, our analysts predict a 2025 price point of $0.02595 by the end of 2025.

A five-year prediction could place $HYPER at $0.253 if Hyper sees successful implementation and growing adoption.

If you want to support Hyper or simply aim to diversify your portfolio, go to the presale page and buy your $HYPER today.

$ETH Bull Incoming?

$ETH is stable now, but the asset’s performance in the Asian markets can soon reach the Western shores. Especially in the pro-crypto context created by Trump’s 401(k) order and the GENIUS Act as the modern foundation of the new crypto financial system.

More importantly, Bitcoin is still bullish, and if it rallies to another ATH, we could expect the entire market to rally, with projects like Snorter Token ($SNORT) and Bitcoin Hyper ($HYPER) seeing increased interest.

This isn’t financial advice. Do your own research (DYOR) and invest wisely.