A proposal to cut the cost of energy, a resource used to process transactions, is gaining support and is nearing the number of votes needed to pass.

The voting ends on August 29, and if just one more approval is secured, the plan will move forward.

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The change would lower the energy price from 210 sun to 100 sun. In Tron’s system, 1 TRX equals 1,000,000 sun, so that this change would cut the energy cost by more than half.

This means that many users, especially those sending numerous transactions, such as stablecoin transfers, would require less TRX to cover fees.

However, with energy priced at 210 sun, about 76 million TRX is burned or removed from circulation. If the new rate of 100 sun is adopted, that burn rate would fall, which might lead to more TRX being created than destroyed, unless transaction activity increases to make up the difference.

As of August 27, 17 of the 27 Super Representatives, the entities that validate blocks and vote on upgrades, had approved the proposal. These include participants like Chain Cloud, CryptoChain, Nansen, HTX.com, P2P.org, and Tron Alliance.

Ten more have yet to vote, and only one more “yes” is needed to meet the required 18 approvals.

Meanwhile, Solana recently experienced a short-lived surge in network activity, with transactions per second (TPS) reaching six figures. How? Read the full story.

Michael Saylor, a vocal Bitcoin evangelist and executive chairman of the Strategy BTC giant, has taken to his official social media account to convey another important message to the global crypto community.

His tweet hints at his firm, ultra-bullish belief in the long-term potential of Bitcoin and could even hint at an upcoming price surge. It is obvious that Saylor is looking forward to a new all-time high of this digital commodity.

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Saylor’s “Beyond the Horizon” prediction

As usual, Michael Saylor has posted an AI-made image of himself. This time, he looks like a pioneer who came to America and is now driving his cart with horses to the horizon in search of a better life, land for farming, cattle, etc.

The caption states exactly this: “Beyond the Horizon”, where the B is depicted with four vertical strokes, symbolizing Bitcoin. Sort of like the $ sign for the US dollar.

A hint at a new ATH coming?

The world’s bellwether crypto, Bitcoin, has seen several all-time price highs this year already. The first one took place on January 20, the day of Donald Trump’s inauguration. Then was an ATH in March, June, etc. The most recent one was marked at $124,457 on August 14.

Currently, Bitcoin is changing hands at $112,247 – almost 10% from the recent historic price peak.

The ATHs were reached despite the Federal Reserve chairman, Jerome Powell, refusing to slash the interest rates for fear of inflation growing strong again. However, this month the CPI came out below expectations and many began to anticipate that in September, the Fed Reserve would finally do that interest rate cut many are looking forward to.

Still, Saylor’s Bitcoin treasury firm, Strategy, has been accumulating BTC regardless of the price – both on dips and highs. This week, on Monday, Saylor announced another acquisition as Strategy added 430 Bitcoins worth $51 million to its stash. Now, the company holds a total of 629,376 BTC valued at $70,625,239,027.

MetaMask, one of the most widely used Web3 wallets with over 100 million users, has officially integrated the Sei Network, a Layer-1 blockchain known for its speed and scalability.

This major update now allows users to access Sei’s decentralized applications (dApps), tokens, NFTs, and perform SEI transactions directly from MetaMask, without the need for third-party tools or bridges.

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With this integration, the total number of supported blockchains in MetaMask rises to 11, further strengthening its position as a leading multi-chain wallet. A dedicated Sei section within the MetaMask Portfolio now offers users a smooth entry point to the network’s gaming, DeFi, and NFT ecosystem.

Sei’s Ecosystem Growth Fuels Investor Optimism

The timing of this integration couldn’t be better for the token. The network has recently achieved significant growth milestones: over 4.2 million daily transactions, a TVL surpassing $600 million, and 11 million monthly active users, all since launching its EVM-compatible chain less than a year ago.

The tokenimproved accessibility through MetaMask is expected to attract more developers and users alike, expanding the reach of its high-performance blockchain infrastructure. According to Justin Barlow of the Sei Development Foundation, this marks a strategic leap toward making Sei the “best EVM ecosystem.”

Market interest in the SEI token has already responded positively, with a 2.5% uptick post-announcement, and more upside could be in play.

SEI's price trends to the upside on the daily chart. Source: SEIUSDT on Tradingview 

Bullish Indicators Suggest This Crypto Could Hit $0.50 Soon

Several technical indicators are flashing green for the token. The Supertrend indicator has flipped bullish on the weekly chart, a signal previously followed by substantial price increases. Supporting metrics include:

• RSI (14): 51.3 — Neutral, room to climb
• Stochastic (9,6): 63.4 — Buy signal
• ADX (14): 28.9 — Strengthening trend
• Williams %R: -43.5 — Momentum building

Crypto analyst @ali_charts predicts SEI could soon reach $0.54, citing strong chart structure and renewed investor confidence. With growing on-chain activity, seamless MetaMask access, and technical support, the SEI token appears poised for a breakout.

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The MetaMask’s Sei integration is not just a win for convenience, it signals a bullish bet on the future of decentralized interoperability as Web3 shifts toward a multi-chain reality.

Cover image from ChatGPT, SUIUSD chart from Tradingview

The latest market movement has raised questions about short-term price stability, particularly amid growing concerns over weak structural support in the current trading zone.

Recent data from on-chain analytics platform CryptoQuant suggests that while long-term holders remain largely profitable, short-term sentiment has shifted.

Bitcoin UTXO Data Points to Changing Investor Behavior

Activity among Bitcoin Unspent Transaction Outputs (UTXOs), a metric that tracks coins being spent either in profit or at a loss, indicates that many investors are beginning to react to smaller price drops, potentially signaling increased market uncertainty.

In a recent analysis on CryptoQuant’s QuickTake platform, contributor Darkfost shared insights on how UTXO activity can reflect broader market sentiment.

“This chart, based on UTXOs from block data, highlights the number of UTXOs spent either in profit or in loss,” the analyst wrote, noting that this approach focuses on transaction count rather than value, helping filter out price-based noise.

Historically, Bitcoin has seen a dominance of UTXOs spent in profit, with patient holders benefiting from long-term appreciation. Between July 11 and 13, the ratio of profitable UTXOs compared to those spent at a loss surged above 10,000, meaning for every loss-making spend, there were over ten thousand profitable ones.

However, this ratio has since declined to around 500, suggesting that some investors are now closing positions at a loss even with minor price retracements. This change, according to Darkfost, may indicate short-term selling pressure despite the overall profitable status of most holders.

Weak Support Structure Adds to Downside Risk

Another CryptoQuant analyst, Maartunn, highlighted structural weaknesses in Bitcoin’s recent price surge. On July 10, BTC rapidly climbed from $112,000 to $115,800, but this upward move left little on-chain support in the price range.

Bitcoin Teleported from $112 to $115.8K – But There’s Thin Air Below

“From a technical point of view, there’s no past resistance or consolidation that could now act as support. If this final support area breaks, price could move down quickly.” – By @JA_Maartun pic.twitter.com/a3hQoANfDc

— CryptoQuant.com (@cryptoquant_com) August 1, 2025

“The move happened so quickly that no support levels were formed,” the analyst explained. “If momentum drops or sellers step in, the price could fall just as fast as it rose.”

With Bitcoin now hovering just above its last known on-chain support zone, analysts caution that a failure to hold this level could accelerate the decline.

Featured image created with DALL-E, Chart from TradingView

I’ve been thinking recently about post-apocalyptic wastelands. Specifically, about this scene from Mad Max: Fury Road, when the main characters have just escaped the first wave of pursuit, and are staying ahead of their would-be captors. They need to keep moving, but still need to do maintenance on the centerpiece of the movie: a gigantic “war rig” truck driving them to safety. So Charlize Theron climbs out under the cab to make some repairs en-route:

The idea of conducting repairs on a big complicated truck while it’s still moving is just so appropriate for the film’s high-octane drama. It occurred to me while I was watching that this situation is an apt metaphor for the EIP process and the work of the core devs.

Changes to the Ethereum protocol happen LIVE, and a lot of careful, complex engineering goes into crafting upgrades so that everything, and everyone (if possible) keeps rolling along. There are still bumps on the road out in the blockchain badlands, but by and large Ethereum remains well ahead of any other marauding vehicles (technical debt) — so long as the rig keeps pace and doesn’t stop moving toward the horizon. New proposals have the potential to be a little disruptive in the short term to the status quo, but are usually valuable improvements overall to the protocol.

The upgrade I want to discuss today fits into the category of “Ethereum 1.x”, but it’s not part of the Stateless Ethereum effort: A new gas fee market / block size mechanism. The proposal has become a really interesting case study in community and developer feedback for Ethereum improvement. By looking at how this EIP has changed over time with more developer discussion, I think we can learn a lot about constructive discussion in Ethereum development, and hopefully have some clear insights (or at the very least, vague aphorisms) to help guide the discussion on significant changes further out from the Stateless Ethereum initiative.

Ordinarily in this series I try to be very methodical and ‘into the weeds’, but in this instance I want to put more emphasis on the content and character of the discussion surrounding the proposals, rather than the technical minutia contained within. But we have to have some idea of what we’re talking about here, so let’s look very briefly at what EIP-1559 and ‘Escalator’ propose before going “meta” and considering how the discussion has progressed and where it’s at today.

EIP 1559

The motivations for the original EIP 1559 are a good place to start, and they’re fairly straightforward:

The current “first price auction” fee model in Ethereum is inefficient and needlessly costly to users. This EIP proposes a way to replace this with a mechanism that adjusts a base network fee based on network demand, creating better fee price efficiency and reducing the complexity of client software needed to avoid paying unnecessarily high fees.

In the current system, newly submitted transactions must wait to be included in the next block by a miner, but they can incentivize miners to include their transaction by increasing the gasPrice parameter higher than the network average. Miners, if they are being rational, will always be looking to fill new blocks with transactions that maximize their payout, and thus the transactions included first in the next block can be always expected to be the ones with the highest gas price.

The trouble with this first price auction model is that things can get out of hand quickly in times of high demand. When blocks are close to full, the cost of getting a transaction included in the next block can spike dramatically as users try to out-bid each other for inclusion. Even though currently miners have some ability to increase the number of transactions included in a single block, that limit can’t change very quickly and realistically miners are happy to capitalize on small full blocks rather than push the block gas limit up higher (larger blocks are, because of Uncle rates, a more risky proposition for a miner). Especially if your wallet is using pricing algorithms to target inclusion within a specified time frame (read: provide a good ordinary user experience), you might end up paying pretty ridiculous fees to get your transaction into a (nearly) full next block.

EIP 1559 introduces the concept of a ‘base fee’ in gas that is set to dynamically adjust so that the overall gas usage in a block moves toward the current limit of 10 million gas. Rather than going into the pockets of miners, the base fee is burned. To provide incentive for inclusion, users specify a ‘tip’ parameter, together with the maximum amount they are willing to pay for the transaction to be included in a block, and miners keep the tip.

Because the base fee does not fluctuate wildly at the whim of instantaneous network demand, users are somewhat insulated from the inefficiencies of a first price auction model (the ‘tip’ remains first-price), and because the base fee is burned rather than given to the miners, there is no incentive for miners to try and manipulate the fee. Importantly, the mechanism also attempts to solve a big problem for wallet developers automatically trying to estimate network fees by making them much more predictable.

There are several places to read more about EIP 1559; I would recommend Vitalik’s EIP1559 FAQ and Barnabe’s Jupyter notebook if you want to go deeper.

A new challenger approaches: Escalator

Inefficiency of the current first price auction system for Ethereum fees is not controversial, and it’s important to point this out explicitly: No one disputes that the current fee mechanism could be better, and finding an alternative to the first price auction would be indisputably good for Ethereum as a whole — at the end of the day it’ll make things better for both developers and end users alike. We all can and should agree on this.

The new mechanism proposed in EIP 1559 is, however, just different from the way it’s done right now, and changing it will cause some problems, in particular with any software that builds and submits Ethereum transactions for users. Wallets in particular will need to make significant changes to accommodate the new mechanism. Even if things eventually become better for everyone in the long run, in the short term it puts a big burden on the developers working to adjust to the change and prevent their software from breaking.

After EIP 1559 had been floating out in the primordial soup for a while, the community started to weigh in, including wallet developers who would be most affected by the changes proposed. Rather than resist the EIP, wallet developers took an interesting route of discussion. They reconsidered the core motivations for the EIP (improving the UX of Ethereum transactions), and put the EIP into that context, essentially saying “If we’re going to be doing all this work anyways we should from the very beginning have an idea of what it’s going to look like to a user, and we should use that to help guide what’s being proposed”.

This is the over-simplified story behind Dan Finlay’s counter-proposal to EIP 1559: The Escalator Algorithm. It’s similar in a lot of ways to the mechanism of 1559, and has nearly identical motivations and goals. Escalator is presented to stand in as an alternative improvement proposal which allows for a much more nuanced discussion of either mechanism presented in isolation.

To facilitate a more productive and concrete discussion about the gas fee market, I felt it was important to present an alternative that is clearly superior to the status quo, so that any claimed properties of EIP-1559 can be compared to a plausible alternative improvement.

The Escalator mechanism is similar to the current single price auction model, with a few important changes:

• Rather than submitting a transaction with a fixed bid, users submit aptly-named ‘escalating’ bids and specify a maximum amount they are willing to pay to get the transaction included. All bids are put into a queue of ‘escalators’ that gradually and predictably increase all bids in queue at the same rate. This provides a good mechanism for price discovery that still allows users to tweak their settings based on how urgently they want a transaction included, and how much they are willing to pay for it.

The main advantage for escalator is that it enables highly efficient price discovery, while at the same time protecting users from over-paying by charging the second price in queue. It has some of the same strengths as 1559 as well, making it easier for users to choose the right fee, even in times of network congestion. Notably, the escalator by itself would not make any changes to the mechanisms that determine block size.

The “Escalator Algorithm” proposal is interesting in its own right, and I highly recommend reading the ‘user strategy’ section to get a good high-level comparison of the 3 different models of transaction processing. If you like this kind of thing, the paper that introduces the escalator algorithm is also well worth digging into, but I digress…

On an EIP1559 implementer’s call, Dan presented mock-ups showing how the various parameters in an wallet would look to a user, highlighting how they can be hidden or exposed depending on the desired level of user intervention.

The designs were intended to be a reference for community discussion, and help us imagine both 1559 and the escalator algorithm from the perspective of a user.

By introducing a reasonable alternative proposal and re-framing developer criticism to prioritize the challenges of users, the EIP 1559 / Escalator discussion has very deftly created new space of exploration toward the end goal of improving the fee market. It’s far from teed up for the next hardfork, but like the big rig in Mad Max, it’s still moving forward.

The future of Ethereum: All shiny and chrome

I believe EIP1559 / Escalator is an important issue for the Ethereum community to watch and learn from, particularly because it has many of the same characteristics as another more distant (and more dramatic) improvement on the Stateless Ethereum horizon: Oil/Karma EVM semantic changes. Just as in the fee market, some of the proposed modifications are going to have significant second-order effects on developers and users. Also as in the case of 1559, there is a clear user experience aspect to rally behind, and thus an opportunity for coordination with developers who understand that experience to help proposals keep momentum toward an eventual successful upgrade.

Improving Ethereum (1.x) and any other public blockchain is an arduous journey. The right route of discussion should be one that keeps meaningful improvements still on the horizon, and moreover ensures that the developers and users most impacted are heard and their concerns incorporated. Because at the end of the day, we’re all riding the same big rig toward the gates of Valhalla… er, Serenity. Staying ahead of the state bloat problem means continuously and constructively proposing, criticizing, and amending changes without losing momentum— our survival depends on it!

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Sujha Sundararajan

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Sujha Sundararajan

About Author

Sujha has been recognised as Women In Crypto 2024 by BeInCrypto for her leadership in crypto journalism.

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June 12, 2025

Video game retailer GameStop has proposed a new $1.75 billion bond deal, hinting at its next big Bitcoin buy. The widely regarded meme stock announced the proposed private offering of convertible senior notes on Wednesday.

The latest offering comes with 0% interest, with the convertible senior notes maturing in June 2032. Eligible only to qualified institutional buyers, it includes an option for purchasers to buy an additional $250 million in notes, within 13 days of the initial issuance.

Buyers can convert the debt, which carries no regular interest, into cash or common stock under specific conditions, or a combination of both at GameStop’s election, the release noted.

Funds to Fuel BTC Purchases

The Texas-based company said that the proceeds from the offering would be used for general purposes. This includes “making investments in a manner consistent with GameStop’s Investment Policy and potential acquisitions.”

GameStop mentioned in a March release that its board has approved “to add Bitcoin as a treasury reserve asset.”

The firm already disclosed purchasing 4,710 Bitcoin between May 3, 2025 and June 10, 2025, signalling that Bitcoin will be a part of its Q2 balance sheet.

GameStop completed its initial convertible senior notes offering in April. With the $1.5 billion offering, the company had plans to use the proceeds in part to purchase BTC.

GameStop’s opaque investment strategy has sparked contemplation among observers that it might evolve as a multi-faceted holding corporation.

Tetron Invest wrote on X that the company is “transitioning” to be a holding company. “They’re going to hold more than just Bitcoin.”

While acquisitions remain the company’s priority, the lack of detailed capital allocation plans fuels theories about bitcoin diversification.

Following the announcement to raise more debt, GameStop (GME) shares plummeted over 11% in the extended session Wednesday.

GME shares have declined 18% since May 28, after the company confirmed its first Bitcoin buy. The trend contrasts with other firms that have shown a significant increase in their shares after announcing BTC acquisitions.

Crypto Writer

Arslan Butt

Crypto Writer

Arslan Butt

About Author

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis…

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May 31, 2025

Solana is trading at $154.00, down 1.29% in the last 24 hours, with a volume of $2.2 billion. This drop comes after a $161 million whale transfer and $323 million in net realized losses, indicating pressure from large holders. Whale Alert reported a transfer of nearly 1 million SOL tokens, indicating cautious sentiment amid ongoing macro volatility.

On-chain data confirms the trend: SOL broke below critical support, including the 34-day EMA at $163.20. Volume has spiked, and selling is intense. However, SOL is still in a key support zone between $150 and $156, supported by the 50-day and 100-day moving averages.

• Whale transfer: $161 million SOL moved
• Realized losses: $323 million at the $156 level
• Critical support: $150-$156, major moving averages

Chainlink CCIP and Solana App Kit Bring Optimism

Despite the sell-off, Solana’s fundamentals are strong. The chain has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP), the first time Chainlink has deployed outside of the Ethereum Virtual Machine (EVM). This is a significant development for Solana’s cross-chain DeFi capabilities, as DeFi activity surges.

And the Solana App Kit—a React Native toolkit—makes mobile dApp development a breeze. With support for over 18 protocols, this kit enables developers to build mobile apps on Solana’s fast blockchain in minutes, thereby boosting adoption in wallets, NFT platforms, and DeFi markets.

• Chainlink CCIP: Cross-chain DeFi potential
• Solana App Kit: Mobile dApp development for 18+ protocols
• Ecosystem growth: Solana is ready for wider adoption

Technical Outlook: Solana at $154 in a Key Zone

The Solana price prediction remains bearish, given the downward channel that limits SOL’s upward movement. On the 2-hour chart, Solana’s price is stuck in a descending channel, characterized by lower highs and lows, indicating clear selling pressure.

The 50-period EMA at $160.79, once support, is now resistance. The MACD is bearish, MACD line below signal line and red histogram bars.

Price is approaching the $150.66 support zone, the lower boundary of the channel. If a bullish reversal candle, such as a Hammer or Bullish Engulfing, forms here with MACD convergence, we could see a move to $158.33 or $160.79. But a clean break below $150.66 could take SOL to $142.14 or $134.01.

Key Technical Levels:

• Support: $150.66, $142.14, $134.01
• Resistance: $158.33, $160.79, $165.59

For traders, wait for confirmation—rising volume and a bullish candle—before going long. Without that, SOL is bearish, but a textbook rebound at $150 could be a good entry.

BTC Bull Token Presale Approaches $7.67M Mark as 62% APY Staking Draws Interest

With SOL/USD dipping below $160, attention is shifting to altcoins like BTC Bull Token ($BTCBULL). So far, $6.38 million has been raised, with the next price jump approaching quickly.

Bitcoin Rewards and Supply Reductions

BTC Bull Token operates with a built-in system: the higher BTC’s price, the more BTC airdrops are distributed to token holders. Notably, presale participants receive priority. The system also features:

• Token burns every $ 50,000 BTC increase, reducing the supply.
• The current token price is at $0.00254 before the next bump.

This approach aligns token value with BTC/USD’s price moves while maintaining scarcity through programmed burns.

Staking Terms for Passive Returns – BTCBULL’s staking pool holds 1.62 billion tokens offering 65% APY, with:

• No lockup periods or fees.
• Full access to funds at any time.

This structure appeals to investors seeking yield without complex requirements or the risk of illiquidity.

Momentum Before the Cap Fills

With just over $1 million remaining in the presale, buyers are positioning early. The token’s mechanics of BTC-tied rewards, supply adjustments, and staking options are driving participation.

Key figures:

• USDT raised: $6,632,712/ $7,676,876
• Token price: $0.00254

BTCBULL offers a whopping ~62% APY on its Ethereum-based staking pool (currently holding 1.61B BTCBULL), with no lockups or withdrawal fees. That means passive yield, with full liquidity.

XRP Price Still On Track For Mega Candle

Crypto analyst Egrag Crypto has been very vocal on X (formerly Twitter) about the bullishness of XRP. The analyst has become known for calling the XRP price increase for months before the impressive 2024 rally. Even as that rally has cooled off and the altcoin is now struggling at support, the crypto analyst has not deviated. Rather, he continues to call out that the cryptocurrency is still quite bullish, which he expects to hit double-digits at some point.

In a recent post, the crypto analyst explained that the XRP price is still on track to move upward. In what he calls the ‘blue ocean’, Egrag Crypto points out that investors are now “swimming with sharks”. In this case, XRP is being gobbled up at a rapid pace, which could set it on a path to see rapid recoveries.

With the positive sentiment rising, the crypto analyst sees the XRP price exploding soon. He explains that a mega green candle is on the way, and this could drive the price finally above double-digits. In this blue ocean, Egrag Crypto sets three price targets. The first is $9.5, and then moving further into $17. Last but not least is the $27 target, something that the crypto analyst has continuously predicted for over a year now.

Currently, the XRP price is still trading just above the $2 support, so this means that it has a long way to go before it hits the analyst’s targets. The expectation of XRP ETFs being launched has also been put forward by many in the community as a potential factor that could trigger a rise in the XRP price.

Previously, there had been rumors that the ProShares XRP ETFs would launch on April 30. However, Bloomberg’s ETF expert James Seyffart has said that there are no plans to launch on this date, and there is no specified date yet. Nevertheless, the fund is expected to launch its XRP ETFs in the short to medium term, and this is expected to be a catalyst for an XRP price increase.

Ethereum is currently trading above the $1,800 mark, holding strong after weeks of volatility but struggling to reclaim the critical $2,000 resistance level. Bulls have managed to push prices higher, yet momentum must continue building for a full breakout. Analysts are closely watching Ethereum’s movements, noting that the market is preparing for a decisive move that could shape the coming weeks. Global macroeconomic tensions remain a challenge, but optimism is growing across crypto markets.

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Top analyst Daan shared insights revealing that ETH is still consolidating within its current range against Bitcoin (BTC). According to his analysis, he’s watching the local range high around the 0.02 BTC level closely. A successful break above this key range could signal a major shift in market dynamics, potentially sparking a multi-week decline in Bitcoin dominance led by Ethereum.

This would likely trigger an increased risk appetite toward altcoins, as investors rotate capital away from Bitcoin and into higher-risk assets. For now, Ethereum continues to move within its range, and bulls must act fast to reclaim momentum. If ETH can push through these resistance levels, the stage would be set for a major rally across the altcoin sector, with Ethereum leading the charge.

Ethereum Battles Resistance As Bulls Aim For Breakout Against BTC

Ethereum is trading at a critical level, and all eyes are on whether bulls can reclaim higher supply zones to confirm a bullish reversal. After recovering strongly from local lows, ETH has begun forming a bullish structure in low time frames. However, persistent selling pressure still threatens to invalidate this structure unless buyers step in with strength.

Momentum has shifted, and many analysts expect a decisive move soon—but there’s also caution, with some warning that a failed breakout could drag Ethereum back to the $1,500–$1,600 demand zone.

Daan shared a key perspective on Ethereum’s performance relative to Bitcoin. He noted that ETH/BTC is still consolidating within a defined range, with the local range high near 0.02 BTC acting as the most important resistance. A successful breakout above this level would likely trigger renewed interest in altcoins and could mark the start of a Bitcoin dominance downtrend led by ETH. According to Daan, such a move would increase risk appetite across the board.

However, he also warns that if ETH loses the 0.0185 BTC level, it could confirm a continuation of the current downtrend. For now, Daan is closely watching how the range develops. A confirmed breakout followed by a structure flip would offer a much clearer bullish signal.

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Ethereum Consolidates As Bulls Eye Critical Breakout

Ethereum is trading at $1,830 after spending several days consolidating within a tight range between $1,850 and $1,750. This narrow trading channel has kept price action muted, but it also signals that a decisive move could be approaching. Analysts agree that whichever side breaks out first will likely set the tone for Ethereum’s price action over the coming weeks.

Bulls have managed to defend the $1,750 support multiple times, but their real challenge lies ahead: reclaiming the $2,100–$2,000 zone. This range is seen as critical for reversing the broader downtrend and establishing a more sustainable recovery rally. A strong breakout and daily close above $1,850 would be an encouraging signal, but failure to follow through could quickly lead to another leg down.

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On the bearish side, if Ethereum fails to hold the $1,800–$1,750 range and experiences a false breakout above $1,850, it could trigger a deeper correction toward the $1,600 or even $1,500 level. Traders and investors are watching closely, as the coming days could mark a major turning point for Ethereum’s medium-term structure.

Featured image from Dall-E, chart from TradingView

Crypto market analyst Ali Martinez revealed that major investors have purchased 200 million Dogecoin tokens in just two weeks, sending ripples through the cryptocurrency market. This unexpected move has sparked intense discussion among traders and market watchers.

Massive Coin Accumulation Signals Market Shift

Investors are watching closely as large Dogecoin holders make substantial moves. The token has seen a remarkable price jump from $0.148 to $0.185 between March 11 and 25, representing a nearly 26% increase.

Whales have accumulated over 200 million #Dogecoin $DOGE in the past two weeks, showing strong confidence despite recent volatility. pic.twitter.com/hWtzq7BtYP

— Ali (@ali_charts) March 25, 2025

Market experts point to this substantial growth as a potential turning point for the meme crypto. Some traders believe the whale activity could be a harbinger of more significant price movements.

Analysts Predict Potential Price Surge

Market watchers have picked up on encouraging signals that suggest Dogecoin might be heading for a substantial rally. Analyst Trader Tardigrade provided additional excitement by suggesting the cryptocurrency is completing its third market cycle.

This analysis hints at a potential significant price increase that could catch the attention of both seasoned and novice investors. The weekly chart supports this optimism, displaying a 22% gain in recent days.

Derivatives Market Shows Growing Interest

Trading data tells us more about why so many people are excited about Dogecoin. Futures open interest went up 6%, reaching nearly $2 billion, showing more people and big companies believe in it. The amount traded jumped by 15%, hitting over $4 billion, based on Coinglass data. These numbers show more people are getting involved and the market could keep going up.

Big Buyers Keep Pushing The Market Up

Big investors have been buying up Dogecoin in large volumes, and it’s a pretty strong sign of confidence in the market. Even with all the ups and downs in price, they clearly see something in the meme coin.

Snapping up 200 million coins in just two weeks isn’t a small move—it shows they believe in where this thing is headed. Right now, Dogecoin is sitting at $0.1910, up 5% on the day, which just adds to the growing optimism.

Featured image from Gemini Imagen, chart from TradingView