Author

Jimmy Aki

Author

Jimmy Aki

About Author

Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, and Blockonomi, covering news…

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Last updated: 

August 26, 2025

Quant ($QNT) has been quietly strengthening its position in the blockchain ecosystem. Trading at $104.91 with a 1.4% gain in the past 24 hours, the project carries a market cap of $1.5 billion.

Recent technical updates, upcoming industry engagements, and new interoperability frameworks are shaping investor interest and institutional adoption prospects.

Quant Advances Fusion Devnet, Targets Banks with Interoperability Push

Quant recently confirmed the successful testing of its open-source connector specification, which is a technical update for its Fusion Devnet.

These connectors were developed for major blockchain ecosystems like Ethereum Virtual Machine (EVM), Hedera, and Sui networks, allowing seamless integration with Quant’s unique Layer 2.5 architecture.

This architecture enables different blockchains to communicate and transact efficiently. The team is currently working on automating connector deployment within Fusion, which would streamline network expansion and user onboarding.

This advancement directly targets banks and large institutions, a core market for Quant.

Since $QNT tokens are required for both transaction fees and staking, institutional use could generate consistent buy pressure as organizations lock tokens to access the network. If adoption scales, this mechanism may gradually tighten supply while reinforcing $QNT’s long-term value.

Quant confirmed participation at Sibos 2025, where it will showcase its programmable settlement infrastructure to highlight how European banks can transition from legacy payment systems into tokenized markets.

Direct interaction with decision-makers as banks, payment providers, and regulators may significantly increase Quant’s chances of accelerating real-world adoption, especially for central bank digital currencies (CBDCs) and institutional digital assets.

On the product front, Quant has launched the Overledger Fusion, a framework designed to facilitate interoperable stablecoin issuance across blockchains.

CEO Gilbert Verdian emphasized that the rollout will be phased, starting with foundational infrastructure that ensures secure asset movement before expanding into advanced applications. This phased approach reflects Quant’s strategy of building trust with institutions, focusing first on reliability before scaling features.

Looking ahead, the launch of the Fusion Mainnet will be pivotal. It aims to support cross-chain transactions with real-world assets while introducing $QNT staking through the Trusted Node Program.

Staking rewards will incentivize users to secure the network, while a reduced circulating supply could positively impact token valuation. However, competition from interoperability leaders like Polkadot and Cosmos could present challenges.

$QNT Attempts Recovery, But Bears Still Lurk Near Key Resistance Levels

After hitting a local low around $100, $QNT is attempting a rebound, closing near $104.68 on the 4-hour chart.

The bounce comes amid modest signs of accumulation pressure, but the rally is not yet convincing—especially as price action approaches a band of moving average resistances and struggles to build sustainable momentum.

The 20, 50, and 100-period SMAs are closely stacked overhead at $105.34, $105.92, and $108.81, respectively.

This tight cluster of moving averages forms a technical ceiling that $QNT must decisively clear to signal a meaningful trend reversal. Their current downward slope indicates that $QNT remains in a broader bearish regime, and any break above these levels will require a strong impulse—likely through volume expansion and buyer dominance.

From a lower timeframe volume footprint (15-min), the recovery push was met with mixed absorption.

While several clusters saw aggressive buyers stepping in above 104.80, sellers consistently countered with sizable ask pressure, particularly at $105.00 and $105.20.

Most recent deltas showed little net advantage to either side, but total volume has been thinning, suggesting a wait-and-see mode among market participants.

This hesitation is echoed in the derivatives landscape.

According to Coinglass data, 24-hour volume dropped sharply by over 33%, and open interest dipped slightly (-1.57%) to $26.27M, indicating a lack of new capital commitment.

The long/short ratio remains close to neutral at 0.96, while the funding rate is just above zero, neither strongly favoring bulls nor bears. What’s notable, however, is that top trader positioning on Binance shows a tilt toward longs, perhaps anticipating continuation if price manages to clear the $106–$108 band.

For now, momentum indicators like RSI (47.99) and MACD (still below the zero line) reflect a market that’s trying to lift itself but hasn’t yet flipped the structure. A close above the 100-SMA would add conviction, but unless volume re-accelerates and the footprint shows persistent bid aggression, $QNT remains at risk of another rejection from the moving average cluster.

A widely followed crypto analyst is warning that Bitcoin (BTC) could hit new lows if it fails to hold one crucial level of support while updating his outlook on Ethereum (ETH).

In a new strategy session, crypto trader Michaël van de Poppe tells his 800,200 followers on the social media platform X that if the top crypto asset by market cap were to plunge below $115,000, it could see a significant dip in price.

“Bitcoin didn’t break entirely through the resistance here. Small corrective day, however, on the lower timeframes, it’s clear that Bitcoin is trending upwards again. Crucial area to hold at $115,000. If that’s lost, likely new lows.”

Van de Poppe goes even further and says that if the crypto king can hold the support zone, it will lead to a new all-time high (ATH) price.

“Phenomenal break upwards on the altcoin and Bitcoin markets. It’s still facing the next resistance, but the trend seems to be kicking back upwards. What is crucial to hold? $114,800 Hold that and we’ll be seeing a new ATH. Right on edge with the rates falling downwards.”

Bitcoin is trading for $116,497 at time of writing.

Moving on to the largest smart contract platform by volume, Van de Poppe says that the top altcoin appears ready to make a move toward the $4,000 price tag in the coming days.

“ETH is back to $3,900 and is likely going to attack that $4,000 resistance in the coming days. The markets are strong, volume is picking up, more volatility is coming in and the joy will be back.”

The trader goes on to note that he believes there is an opportunity in altcoins as they are currently being overlooked and will see massive gains in the next 2-4 months.

“I think that the altcoin markets are extremely mispriced… Almost all altcoins haven’t gotten back to their previous levels, which means that there’s still a massive opportunity that people overlook as they are too busy screaming on social media how bad the markets are.

I remain all-in into altcoins as I think that there’s 200-500% to be made in the next 2-4 months. A lot of altcoins haven’t really gotten back to their levels from early ’25. Of course, some aren’t going to be showing momentum, but the recent move of ETH is the first step forwards to a more risk-on appetite.”

Ethereum is trading for $3,945 at time of writing.

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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: 

July 19, 2025

Ethereum has delivered one of the most impressive performances of 2025, surging over 20% in the past seven days, strengthening ETH bulls’ conviction as they target the $4,000 mark as the next key psychological resistance to overcome.

Currently trading at $3,505 after recently adding more than $120 billion to its market capitalization, the majority of these capital inflows originated from U.S. spot Ether ETFs, which attracted over $2.18 billion in weekly inflows, pushing total inflows to a record-breaking $7.49 billion.

Ethereum On-Chain Volume Surges 280% Signaling ETH Demand

Beyond ETF flows, retail investors and long-term Ethereum whales have continued to remain highly active.

Analytics reveal that Ethereum’s on-chain volume has skyrocketed by over 280% in the past 12 days, elevating the cryptocurrency’s daily usage to approximately $5 billion.

Likewise, the Ethereum DeFi TVL has exceeded $80 billion, representing ten times the size of its competitor, Solana, while the stablecoin market capitalization has reached a record $130 billion.

With the United States progressing the GENIUS stablecoin legislation, many analysts believe Ethereum stands to benefit significantly, given that most infrastructure supporting stablecoin operations is constructed on its network.

Ethereum’s market dominance has entered an upward-only trajectory.

For over three years, ETH experienced price suppression despite substantial network upgrades.

However, prices have now begun catching up, with popular crypto investor TedPillows forecasting a $4,000 target in the near term.

Technical Analysis: Ethereum 3+ Years Suppression Targets $4,000 Breakout

From a technical perspective, the Ethereum (ETH/USD) daily chart indicates a decisive bullish breakout, with the price advancing above a critical resistance level within the $3,250–$3,500 range.

The momentum appears aggressive, fueled by a decisive break of structure (BOS) and a clean bounce from the $2,500 support level, which previously served as a consolidation foundation.

The chart identifies $4,105 as the strong high objective, corresponding with a previous major resistance zone.

Nevertheless, the RSI reading of 84.38 indicates deep overbought conditions, suggesting a potential short-term pullback or consolidation before the trend continues.

Should Ethereum maintain levels above the current resistance-turned-support, the upward movement will likely extend toward the $4,100 objective.

Failure to sustain this breakout could prompt a retracement toward the $2,950–$3,250 area, where buy-side liquidity might reignite bullish momentum.

Best Wallet Raises $14M As 250K Users Ride ETH’s DeFi Wave

Ethereum’s success has historically served as a catalyst for rallies in DeFi tokens and altcoins generally.

Now that ETH is positioning for new highs, Ethereum-based crypto wallet Best Wallet has returned to investor attention.

Launched in late 2024, Best Wallet currently claims more than 250,000 active users and an expanding DeFi ecosystem supported by its native utility and governance token, $BEST.

With a presale that has already secured over $14 million and key platform features being deployed, numerous investors view it as one of the best-positioned projects ahead of broader mass adoption.

The $BEST token is currently priced at $0.025355, with only 4.5% of the token supply available in this round, ensuring scarcity.

Interested parties can visit the presale website to purchase portions of the available supply before it is depleted.

$BEST holders also benefit from enhanced staking APYs and voting rights on future upgrades and protocol modifications within the wallet ecosystem.

Ethereum (ETH) registered significant improvements in the second quarter, including increased inflows of exchange-traded funds (ETFs), layer-2 activity, and liquidity, which enhance the prospects for the third quarter.

According to the “Charting Crypto Q3 2025” report by Coinbase and Glassnode, US-traded spot Ethereum ETFs captured $1.7 billion in net inflows last quarter, overturning the prior period’s outflows.

Institutional flows flip positive

Furthermore, layer‑2 throughput climbed 7%, while average user fees dropped 39%. This was followed by an 8% increase in liquid supply, while long‑dormant balances shrank 6%.

As a result of the improvements seen last quarter, the share of ETH held at a profit increased from under 40% to nearly 90%. Additionally, the total value locked on Ethereum reached $ 63.2 billion.

The improvements are also registered in the derivatives market, where daily perpetual futures turnover averaged $51.4 billion, up 56% quarter‑over‑quarter.

Aggregate inflows erased a first‑quarter $200 million leak and restored momentum for managers positioning ETH as the market’s second large‑cap crypto. 

Futures open interest totaled $14.5 billion on June 30 despite a 6.9% quarterly pullback, highlighting deeper liquidity across regulated venues. 

Meanwhile, options open interest stood at $ 5.3 billion, with derivatives desks also logging an 11% uptick in term‑futures volume, signaling growing hedging appetite.

Network activity and economics

Developers and users benefited from a 39% decline in base layer fees as rollups absorbed more transactions, sharpening the economics of on‑chain application deployment. 

At the same time, Ethereum’s inflation rate remained modest, at approximately 0.75% annualized. This cushioned long-term supply pressure. 

Staked ETH continued to climb, and the report plotted both total staked value and the associated annual yield among its core fundamentals tables.

On-chain analytics show that holders used the second-quarter price recovery to reposition. Liquid coins, defined as those moved within 90 days, rose 8%, whereas coins untouched for more than a year fell 6%.

This indicated controlled profit‑taking rather than wholesale distribution. ETH’s Net Unrealized Profit/Loss flipped from capitulation to optimism between the first and second quarters, aligning with market‑cycle models that track investor sentiment shifts. 

The pool of coins sitting below cost plummeted from more than 40 million to fewer than 10 million over the same period.

DeFi collateral base and market share

Ethereum’s $63 billion total value locked (TVL) in the DeFi ecosystem is spread across lending, decentralized exchanges, and yield farming protocols. 

Ether also expanded its slice of total crypto market capitalization alongside Bitcoin and Solana as investors rotated toward perceived blue‑chip assets.

Perpetual swap funding rates, tracked alongside Bitcoin and Solana, remained neutral to positive through late June, suggesting balanced speculative positioning rather than froth.

However, the report cautioned that sustained ETF inflows and favorable fee conditions must persist to maintain the second-quarter constructive backdrop. 

Nevertheless, it noted that Ethereum now enters the third quarter with stronger institutional sponsorship, lower transaction costs, and a healthier on-chain profit profile.

Mentioned in this article

Crypto analytics platform Bitcoin Vector is bullish on Bitcoin (BTC) as the flagship digital asset hovers just below the all-time high.

The analytics platform says on the social media platform X that Bitcoin is in the early stage of a full bull market after confirming a breakout.

According to the analytics platform, Bitcoin is in the “ignition phase” of a bull market, where the price typically gains momentum before the price explodes.

“The longer BTC stays in Full Bull [phase], the greater the gains.

We’re there again:

– Structure is firm,

– Momentum is rising,

– BTC just broke and stays stable, with a fresh ignition signal.

Full Bull Momentum awaits.”

In November of 2024, when Bitcoin witnessed a similar setup, BTC went up from around $70,000 recorded during the ignition phase to a then all-time high of $106,000 at the peak of the full bull phase, the analytics platform says.

According to Bitcoin Vector, the full bull market for the crypto king occurs when the Bitcoin Fundamentals Index (BFI) rises above 60. The BFI is an oscillator indicator calibrated from zero to 100 – the higher the number, the more bullish it is.

“- Price just hit a new all-time high at $123,000.

– BFI (Bitcoin Fundamentals Index) surged to 59 (above 60 turns full bull [market]).

– Our Optimal Strategy flipped fully bullish again

This breakout isn’t just hype = structure + fundamentals are aligned.”

Bitcoin is trading at $120,246 at time of writing.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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A widely followed crypto analyst says that one Solana (SOL)-based altcoin that has already seen massive gains looks poised to skyrocket further while updating his outlook on two other popular memecoins.

In a new strategy session, pseudonymous crypto trader Bluntz tells his 325,100 followers on the social media platform X that the native asset of the Pudgy Penguins (PENGU) non-fungible token (NFT) collection appears ready to spark a rally despite already gaining 300% this month.

“Nice 18% dip here on PENGU, that should be more than enough in a strong uptrend like this. Should start pushing into fresh highs again from around here [in my opinion].”

The trader’s chart indicates that PENGU could rise to $0.038 during the next few days. The digital asset is trading for $0.0309 at time of writing, a 7.7% decrease on the day. On July 16th, PENGU reached its weekly high of $0.034, a 68% gain from its seven-day low of $0.0184.

According to the trader, PENGU feels like a “silent underperformer” as it has been the strongest meme asset during the last two weeks.

“Seeing PENGU up 143% in two weeks, has also been the best performing large cap meme (over 1 $billion market cap), I’d think more people would be talking about it. Maybe it’s my own echo bubble but feels like a silent outperformer.”

Moving on to the dog-themed meme asset Floki (FLOKI), Bluntz says that it has more room to grow before breaking its resistance level around $0.000123.

“Nice moves on Floki so far but still plenty of juice left in the tank. Breaking that $0.000123 resistance is inevitable [in my opinion].”

It appears that Bluntz’s prediction came true as FLOKI is trading for $0.000142 at time of writing, a 29% increase on the day.

Concluding his analysis with Bonk (BONK), another SOL-based memecoin, Bluntz says it appears as if it has much more room to grow despite rising 96% since the beginning of July.

“Well that was quick. BONK already +96%, and still looking like it has much higher to go.”

BONK is trading for $0.000036 at time of writing, a 4.9% increase on the day.

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A widely followed crypto analyst believes Bitcoin’s (BTC) bull market is just weeks away from coming to an end.

The analyst pseudonymously known as Rekt Capital tells his 550,400 subscribers on the social media platform X that the Bitcoin bull market could end in two or three months if history repeats itself.

According to the pseudonymous analyst, the Bitcoin bull market typically hits the peak around 518 to 546 days after the halving, suggesting it could occur between mid-September and mid-October. The fourth Bitcoin halving took place in April 2024.

On what is in store for Bitcoin’s price over the coming weeks and months, the widely followed analyst says,

“If Bitcoin really does have two to three months left in its Bull Market…

Then this current period truly is the calm before the storm.”

Bitcoin is trading at $109,386 at time of writing.

Rekt Capital further says that even if the bull market extends beyond October, trying to capture the potential gains would be a high-risk and low-reward endeavor.

“The risk versus reward of that upside will likely not be worth heavy participation.

Is it worth capturing an additional +20 – 30% uptrend while risking a -60 to -70% Bear Market?”

On altcoins, the widely followed analyst says they could enjoy a rally once Bitcoin rises above the current all-time high of just under $112,000.

“When Bitcoin broke out into Price Discovery Uptrend 1 in November 2024…

Altcoins rallied exponentially during that time.

Altcoins would likely run once Bitcoin breaks out into Price Discovery Uptrend 2.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Widely followed trader Michaël van de Poppe believes that new record highs are bound to happen for the crypto market.

The analyst tells his 794,400 followers on the social media platform X that he’s keeping an eye on the TOTAL chart, which tracks the market cap of all digital assets excluding stablecoins.

According to Van de Poppe, TOTAL is gearing up for a massive breakout after printing a series of higher lows since the start of 2024.

“A constant move upwards for the entire crypto market capitalization.

Matter of time until we’re breaking upwards to a new all-time high.”

At time of writing, TOTAL is trading at $3.323 trillion, down about 11% from its all-time high of $3.738 trillion, which it hit in December of 2024.

Turning to Bitcoin, Van de Poppe thinks that new all-time highs are in sight for BTC.

“This can still be classified as the build-up phase for Bitcoin.

I assume we’ll be starting to run up significantly in the coming weeks.” 

At time of writing, Bitcoin is trading at $109,100.

As for Ethereum, Van de Poppe believes that ETH could spark a huge upside burst if it takes out resistance at $2,800.

“The moment it breaks out (whichever side), it’s going to be providing a big move.

Given that we’ve hit the low at $1,700 and sentiment is on the bottom, I assume we’ll break upwards, resulting in the start of the bull market.” 

At time of writing, ETH is worth $2,570.

The last altcoin on the trader’s radar is the artificial intelligence (AI)-focused crypto project Bittensor (TAO). Van de Poppe thinks TAO needs to breach its resistance at around $350 to trigger a surge to his price target.

“TAO is on the edge of breaking back in the range, which would then fuel a move towards the other side of the range ($470).”

At time of writing, TAO is worth $328.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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A closely followed crypto analyst is revealing bullish targets for Bitcoin (BTC) while updating his outlook on a handful of prominent altcoins.

In a new strategy session, crypto trader Ali Martinez tells his 139,200 followers on the social media platform X that the top crypto asset by market cap looks poised to push to the $118,000 price level – a new all-time high – if it can finish with a daily close above $109,000.

“Despite the broader quarterly outlook shared in this video, the daily chart for Bitcoin. BTC looks promising. A daily close above $109,000 could open the door to a rally toward $118,000!”

BTC is trading for $109,644 at time of writing, a fractional increase on the day.

Moving on to smart contract platform Ethereum (ETH), Martinez says he expects more choppiness until the top altcoin closes outside the $2,227-$3,385 range.

“Heard a company added an inflationary asset like ETH to its balance sheet, and suddenly everyone’s bullish again. But let’s be real: I expect more chop until we get a sustained close outside the $2,227-$3,385 range.”

ETH is valued at $2,579 at time of writing, a marginal increase on the day.

Turning his attention toward the meme asset Dogecoin (DOGE), Martinez notes that the popular dog-themed token appears ready to ascend to $0.19, potentially up to $0.26, after bouncing off a low.

“Dogecoin bounced from the lower boundary of this channel. Now targeting $0.19, with potential upside to the upper boundary near $0.26.”

DOGE is trading for $0.17 at time of writing.

Concluding his analysis with ETH competitor Solana (SOL), the trader says the smart contract platform looks poised to benefit if the crypto markets break out.

SOL is trading for $151 at time of writing, a marginal decrease during the last 24 hours.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Crypto Reporter

Shalini Nagarajan

Crypto Reporter

Shalini Nagarajan

About Author

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

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Last updated: 

July 3, 2025

JPMorgan has cast doubt on the bullish projections surrounding stablecoins, predicting the market will only grow to $500b by 2028 and cautioning that trillion-dollar forecasts are “far too optimistic.”

The bank pointed to weak mainstream adoption and limited use beyond crypto trading as key hurdles to growth.

Reuters reported Friday that the brokerage said stablecoins remain largely confined to their original role as tools for trading and collateral within crypto markets.

Despite increased attention from lawmakers and financial institutions, JPMorgan estimated that just 6% of stablecoin demand, or roughly $15b, comes from actual payments activity.

“The idea that stablecoins will replace traditional money for everyday use is still far from reality,” the bank said.

Stablecoin Market Grows, but JPMorgan Questions Broader Utility

Stablecoins, typically pegged to the US dollar, have gained momentum in recent years as fintechs and traditional banks explored blockchain-based payments and settlement options.

The market has grown 23% so far this year, reaching $254b in total value. Yet, JPMorgan warned that this expansion does not equate to mass-market utility.

Optimism surged last month when the US Senate passed the GENIUS Act, the most comprehensive crypto legislation to date, aiming to provide regulatory clarity around stablecoin issuance. Ahead of the vote, Standard Chartered predicted the stablecoin market could reach $2t by 2028, while Bernstein set its long-term forecast closer to $4t.

Still, JPMorgan pushed back on those views, pointing out that adoption outside of crypto trading remains minimal and fragmented.

Private Stablecoins Still Face Headwinds: JPMorgan

While countries like China are advancing state-backed digital currencies, most have focused on national initiatives rather than embracing privately issued stablecoins. In June, China’s central bank pledged to expand the cross-border use of the digital yuan.

Even in the private sector, signals remain mixed. Ant Group, which operates Alipay through its international arm, said it plans to apply for a stablecoin license in Hong Kong.

But JPMorgan dismissed comparisons to China’s e-CNY or the dominance of platforms like Alipay and WeChat Pay, saying they do not offer a roadmap for global stablecoin success.

US-based companies appear equally cautious. PayPal CEO Alex Chriss recently acknowledged that stablecoins are not yet ready for mass adoption in the US, citing a lack of strong consumer incentives.

He noted that PayPal has begun offering rewards to encourage usage but added, “There isn’t a real incentive to drive adoption.”

For now, JPMorgan’s forecast suggests the stablecoin story may grow slower than many had hoped, as regulatory hurdles, infrastructure gaps and limited demand continue to weigh on the sector’s broader ambitions.