Rises – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Wed, 10 Sep 2025 08:27:36 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Rises – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Institutional Adoption Rises: 21X Brings Chainlink Into Europe’s Tokenized Securities Market https://earlybirdsinvest.com/institutional-adoption-rises-21x-brings-chainlink-into-europes-tokenized-securities-market/ https://earlybirdsinvest.com/institutional-adoption-rises-21x-brings-chainlink-into-europes-tokenized-securities-market/#respond Wed, 10 Sep 2025 08:27:34 +0000 https://earlybirdsinvest.com/institutional-adoption-rises-21x-brings-chainlink-into-europes-tokenized-securities-market/

Chainlink’s price is wrestling with key support near $21, a level that has drawn heavy attention from traders and institutions alike. Chainlink (LINK) was down 2% to $22.30 as selling pressure weighed on the token. The move comes at a time when derivatives activity in the asset has jumped sharply, raising both expectations of a rebound and the risk of further losses.

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Institutional Pathway Through 21X

The network’s importance was reinforced after the launch of 21X, Europe’s first regulated tokenized securities platform. Approved under European rules, 21X connects financial institutions to blockchain infrastructure using Chainlink’s technology.

CEO Max Heinzle described Chainlink as a vital backbone for tokenized markets, stressing that global institutions are lining up behind tokenization projects. By building on a regulated platform, Chainlink gains credibility in bridging traditional finance with decentralized networks.

This development has been seen as a step toward establishing Chainlink as a core platform for tokenized assets. Its data feeds and interoperability features make it a practical link between standard securities and blockchain applications, adding momentum to its institutional appeal.

Support And Resistance Levels In Focus

Market watchers say LINK is testing major support at $22.10, with deeper support zones at $20.55 and $19. In a worst-case scenario, the coin could even revisit $17. On the upside, clearing the volume-weighted average price of $22.10 may open a path back to $24, and possibly $26, which marked the highs reached in August.

LINKUSD now trading at $21.13. Chart: TradingView

At the time of writing, LINK was trading at $23.17, up 0.3% and 1.9% in the daily and weekly timeframes, data from Coingecko shows.

Derivatives Market Points To Heavy Speculation

According to CoinGlass, LINK futures volume jumped 51% to over $2 billion. The increase in futures volume is in sync with open interest, whose numbers likewise soared over 2% to $1.5 billion. These increases show a sharp rise in speculative bets at current levels. Traders seem to be sitting tight, indicating anticipation of a decisive action over a pullback.

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There are warnings that the levels of leverage are so high that they will encourage volatility. If support is maintained, the bulls could be in charge to drive LINK to $26. But if it fails to hold present levels, liquidations and deeper losses could follow.

The coming sessions will be crucial. Chainlink, viewed as both a token and a critical piece of market infrastructure, now faces a battle around $22. How the price reacts here could determine whether optimism around institutional adoption translates into a sustained recovery, or if traders brace for another correction.

Featured image from 21x.eu, chart from TradingView

]]> https://earlybirdsinvest.com/institutional-adoption-rises-21x-brings-chainlink-into-europes-tokenized-securities-market/feed/ 0 57690 Solana price rises to 6-month high on optimism over Alpenglow upgrade https://earlybirdsinvest.com/solana-price-rises-to-6-month-high-on-optimism-over-alpenglow-upgrade/ https://earlybirdsinvest.com/solana-price-rises-to-6-month-high-on-optimism-over-alpenglow-upgrade/#respond Thu, 28 Aug 2025 11:13:34 +0000 https://earlybirdsinvest.com/solana-price-rises-to-6-month-high-on-optimism-over-alpenglow-upgrade/

Solana’s token SOL has pushed to levels not seen since February, lifted by renewed community confidence in a major network proposal.

Data from CryptoSlate shows SOL briefly rose above $215 this week, gaining more than 6% in the last 24 hours before easing slightly to $214 as of press time. This rally placed the token back at its strongest point since early February, when it last traded near $216.

According to analytics firm Santiment, retail sentiment has turned sharply positive, with investors making nearly six bullish comments for every bearish one. Notably, this is the highest ratio recorded in over two months.

Solana Price
Solana Market Sentiment. (Source: Santiment)

Meanwhile, this price momentum has come despite slowing activity on Solana’s decentralized exchanges.

A Dune Analytics dashboard shows that the network’s daily active traders have dropped by more than 80% from January’s memecoin-driven peak of 5 million. For four straight days, user numbers have remained below the one million mark.

This decline reflects a clear pivot among retail investors on the network towards other blockchains like Ethereum.

Alpenglow update

The latest price momentum coincides with early community support for SIMD-0326 Alpenglow, a proposal described as one of the most significant consensus upgrades in Solana’s history.

The proposal seeks to simplify the network’s architecture by removing legacy components such as Proof of History, Tower BFT, and gossip-based vote propagation.

If implemented, the upgrade would reduce block finalization times to about 150 milliseconds, placing Solana in line with other high-speed platforms designed for trading applications.

Notably, Solana co-founder Anatoly Yakovenko has publicly encouraged the community to support the proposal, describing it as a key step forward.

Unsurprisingly, early voting data indicate strong backing for the change, with 11.6% of Solana stakers endorsing Alpenglow, while only 0.1% have opposed it. Around 100 validators have already cast votes.

The community’s response suggests growing confidence that the network can deliver faster and more reliable performance at scale, even as retail trading activity undergoes a reset from its memecoin-driven highs.

Solana Market Data

At the time of press 11:16 am UTC on Aug. 28, 2025, Solana is ranked #6 by market cap and the price is up 3.93% over the past 24 hours. Solana has a market capitalization of $114.74 billion with a 24-hour trading volume of $13.57 billion. Learn more about Solana ›

Crypto Market Summary

At the time of press 11:16 am UTC on Aug. 28, 2025, the total crypto market is valued at at $3.91 trillion with a 24-hour volume of $174.05 billion. Bitcoin dominance is currently at 57.50%. Learn more about the crypto market ›

Mentioned in this article
]]> https://earlybirdsinvest.com/solana-price-rises-to-6-month-high-on-optimism-over-alpenglow-upgrade/feed/ 0 55528 Bitcoin price rises to $116,000 as Trump signs EO and signs Bitcoin and Cryptocurrency 401(k) https://earlybirdsinvest.com/bitcoin-price-rises-to-116000-as-trump-signs-eo-and-signs-bitcoin-and-cryptocurrency-401k/ https://earlybirdsinvest.com/bitcoin-price-rises-to-116000-as-trump-signs-eo-and-signs-bitcoin-and-cryptocurrency-401k/#respond Thu, 07 Aug 2025 13:21:32 +0000 https://earlybirdsinvest.com/bitcoin-price-rises-to-116000-as-trump-signs-eo-and-signs-bitcoin-and-cryptocurrency-401k/

Bitcoin prices surged to $116,850 on Thursday, showing an increase of more than 2% after reports revealed that President Donald Trump plans to sign an executive order allowing crypto and other alternative assets in 401(k) retirement accounts, potentially unlocking a large pool of Bitcoin facility capital.

The executive order, scheduled to be signed Thursday, directs the Labor Bureau to reevaluate existing guidance on alternative investments controlled by the Employee Retirement Income Security Act of 1974 (ERISA). The move will allow Americans to gain greater access to Bitcoin and crypto through retirement savings accounts, which currently hold about $12.5 trillion in assets.

This executive order represents a fork moment for Bitcoin adoption. Opening a 401(k) for Bitcoin investment could fundamentally reconstruct the institutional landscape of Bitcoin and drive critical new capital into space.

The development continues to accelerate as companies adoption of Bitcoin continues to accelerate, and we see notable moves from companies like Metaplanet, which purchased 463 BTC worth $53.7 million in recent weeks, as well as smart web companies that have launched a remanted convertible bond with $21 million in Bitcoin. The number of public companies holding Bitcoin has skyrocketed to over 200 in the past few months, highlighting the growing institutional trust in asset classes.

The Labor Bureau is tasked with clarifying the fiduciary responsibility of retirement plan providers that provide funding, including alternative assets, and may remove important barriers that historically limit the exposure of Bitcoin and crypto in retirement accounts. Industry experts suggest that this can pave the way for a more refined Bitcoin investment product tailored to retirement savings.

Clarifying fiduciary duties could be a game-changer for retirement planning providers. It could remove one of the main regulatory uncertainties that keeps many institutional players on the bystanders.

Market observers note that the timing of the executive order coincides with the increasing institutional interest in Bitcoin as an asset and investment vehicle of the Treasury. Recent launches of innovative financial products such as Bitcoin denominated bonds and specialized preferred stocks suggest that the market is already evolving and is responding to increased institutional participation.

The executive order is expected to benefit not only Bitcoin and crypto, but also other alternative assets, including private equity and real estate. However, Bitcoin’s position as a major crypto has become a major focus for institutional investors looking to gain exposure to the crypto market.

The volume of trading across major cryptocurrency exchanges has skyrocketed following the news, with over $30 billion of Bitcoin changing hands in the last 24 hours. Market responses suggest pricing of the potential long-term impact of investor accessing retirement accounts to Bitcoin.

]]> https://earlybirdsinvest.com/bitcoin-price-rises-to-116000-as-trump-signs-eo-and-signs-bitcoin-and-cryptocurrency-401k/feed/ 0 51968 Will “Rally I hate” be coming? Pump.Fun rises from the lowest 30% in token buybacks https://earlybirdsinvest.com/will-rally-i-hate-be-coming-pump-fun-rises-from-the-lowest-30-in-token-buybacks/ https://earlybirdsinvest.com/will-rally-i-hate-be-coming-pump-fun-rises-from-the-lowest-30-in-token-buybacks/#respond Fri, 01 Aug 2025 04:01:36 +0000 https://earlybirdsinvest.com/will-rally-i-hate-be-coming-pump-fun-rises-from-the-lowest-30-in-token-buybacks/

After hitting a new low two days ago, the Pump.Fun jumped nearly 30% to the key resistance level. When the token attempts to regain this area, analysts suggest that there may be a bottom in place, and a recovery rally is ongoing.

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Pumps watch roller coaster price action

On Thursday, Pump.Fun retested key levels after a recent struggle. The token has made headlines for its constant bleeding and has hit a new all-time low (ATL) over the past week.

In particular, the pump was launched on July 14th, with the price of the first coin product (ICO) surged by 70% from $0.0040, reaching an all-time high (ATH) of $0.0068 after two days. However, the disappointing update about the highly anticipated token airdrop, selling pressure from large investors, has stopped the fun.

Just a week after its release, Pump.Fun’s tokens fell below the ICO price and remained below the $0.0030 mark the next day. The cryptocurrency hit a $0.0028 ATL last Thursday after Aron Cohen, the platform co-founder, said pump airdrops would not be happening soon.

Since then, tokens have fallen even further, reaching a new low of $0.0022 on July 29th, down almost 70% from the ATH. Nevertheless, the pump attempted to surpass this range three times last week, also in the area range of $0.0024-$0.0029.

Over the past two days, Pump.Fun has surged nearly 30% from its low, surpassing its $0.0030 resistance for the first time in a week. The token surged 12% on Thursday to a high of $0.0032 each week before retreating from $0.0027 to an area of $0.0029.

Crypto analyst Altcoin Sherpa highlighted recent price action, suggesting that the pump has “some big, powerful moves these days,” and that breakouts and “favourite rallies” could soon be coming.

He previously predicted that the bottom would occur “relatively soon,” and could be followed by “some kind of Giga Crime Pump.”

Pump.Fun buyback to fuel recovery?

The recent recovery appears to be driven in part by the platform’s buyback program and whales’ renewed interest in tokens. Notably, a large investor who previously lost $125,000 on the pump bought $3.16 million worth of tokens on Thursday. Lookonchain shared that the whales will be using 17,542 SOL to purchase a $10.6 billion pump for $0.00297.

Meanwhile, a community member said, “Pumpfun has pivoted on what appears to be a 100% token buyback.. 98% of PumpFun/Pumpswap revenue yesterday ended up buying pumps today. ”

Similarly, on-chain thruce embercnb details that Pump.fun forwarded 12,000 Sol, about $2.16 million, to a buyback address on July 30.

Related readings

According to the report, Pump.Fun originally transferred 187,770 Sol, about $30.53 million, from its fee wallet to its repurchase address. Since then, the platform has repurchased 3.828 billion pump tokens for $21.5 million at 129,100 SOL.

Nevertheless, X users expressed concern about the initiative, asserting that “it is unstable.” For community members, inconsistent buybacks are “not good looking (…) first day (not exceeding revenue), 1m after a halt, then 100%, they just look at what gets attention and stop buying backs entirely.”

At the time of this writing, the pump is trading at $0.0027, with a 7% decrease in weekly time frames.

pump.fun, pumpusdt
Pump performance on a weekly chart. Source: TradingView’s PumpUSDT

Unsplash.com featured images, tradingView.com charts

]]> https://earlybirdsinvest.com/will-rally-i-hate-be-coming-pump-fun-rises-from-the-lowest-30-in-token-buybacks/feed/ 0 50800 Bitcoin New Investor Dominance Rises – No Signs of Mass Profit-Taking Yet https://earlybirdsinvest.com/bitcoin-new-investor-dominance-rises-no-signs-of-mass-profit-taking-yet/ https://earlybirdsinvest.com/bitcoin-new-investor-dominance-rises-no-signs-of-mass-profit-taking-yet/#respond Thu, 31 Jul 2025 17:25:27 +0000 https://earlybirdsinvest.com/bitcoin-new-investor-dominance-rises-no-signs-of-mass-profit-taking-yet/

Bitcoin’s new investor dominance is gaining momentum just as the asset consolidates in a tight range, setting the stage for a major breakout. After more than two weeks of sideways movement between $115,000 and $120,000, BTC continues to trade within this well-defined range—building pressure that typically precedes a sharp move.

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Data from CryptoQuant highlights a crucial dynamic: the comparison between demand and supply from new versus old investors. The current new investor dominance sits at 30%, only half of the “overheated” range of 60–70% seen during euphoric phases, but the trend is clearly climbing. This means new liquidity is entering the market steadily, while old holders are still distributing at a manageable pace. The supply of long-term holders is absorbing this growing young demand without disrupting the price structure.

This healthy balance suggests that the market is still in a stable late bull phase, with no signs of mass profit-taking or capitulation from seasoned investors. With Bitcoin maintaining a bullish structure and demand from fresh entrants rising, the coming days will be critical.

Bitcoin Enters Healthy Late Bull Phase as New Investor Activity Grows

Top analyst Axel Adler recently shared detailed insights into Bitcoin’s market structure, focusing on the balance between new and old investor behavior. According to Adler, previous peaks in new investor dominance—64% in March 2024 and 72% in December 2024—aligned precisely with local BTC price tops. At those points, new liquidity began to wane, and experienced holders ramped up profit-taking.

Bitcoin Comparison of Demand and Supply Between New and Old Investors | Source: CryptoQuant
Bitcoin Comparison of Demand and Supply Between New and Old Investors | Source: CryptoQuant

Currently, new investor dominance stands at 30%, which is still far from those overheated extremes. However, the trend is upward. The purple fill on the chart, which reflects cumulative activity from younger coins, has been climbing steadily since July 2024. This indicates that a fresh wave of buyers continues to enter the market, while selling pressure from old hands remains limited.

This dynamic creates room for further bullish continuation before the typical euphoria zone—above 60–70% dominance—takes hold. Old holders are still distributing coins, but only moderately. A coefficient of 0.3 means that three-year-old coins are absorbing demand without triggering major volatility. This balance suggests that the market remains structurally sound.

Related Reading

Bitcoin Forms A Tight Consolidation Range

Bitcoin is currently trading at $118,413, consolidating in a narrow range between $115,724 and $122,077, as seen in the 8-hour chart. This sideways movement has persisted for over two weeks, indicating indecision in the market. The key support sits at $115,724, which has been tested multiple times but held firmly, while the $122,077 level acts as immediate resistance after a strong rejection earlier in July.

BTC consolidation continues | Source: BTCUSDT chart on TradingView
BTC consolidation continues | Source: BTCUSDT chart on TradingView

The price remains above the 50, 100, and 200-period moving averages, which now align in bullish order—another sign that the underlying trend is still intact despite short-term consolidation. Volume remains relatively low, suggesting that neither bulls nor bears are aggressively positioning at the moment. However, such tight ranges often precede large directional moves.

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If bulls manage to break above the $122K resistance with strong volume, it could trigger a continuation toward new highs. On the other hand, a breakdown below the $115.7K support would expose downside risk. Potentially leading to a retest of the 100-period moving average around $114,490 or even the 200-period average near $110,188.

Featured image from Dall-E, chart from TradingView

]]> https://earlybirdsinvest.com/bitcoin-new-investor-dominance-rises-no-signs-of-mass-profit-taking-yet/feed/ 0 50725 PulseChain Adoption Rises as Ethereum Projects Migrate to its Faster, Cheaper Blockchain https://earlybirdsinvest.com/pulsechain-adoption-rises-as-ethereum-projects-migrate-to-its-faster-cheaper-blockchain/ https://earlybirdsinvest.com/pulsechain-adoption-rises-as-ethereum-projects-migrate-to-its-faster-cheaper-blockchain/#respond Thu, 31 Jul 2025 08:37:30 +0000 https://earlybirdsinvest.com/pulsechain-adoption-rises-as-ethereum-projects-migrate-to-its-faster-cheaper-blockchain/

July 31st, 2025 – London, UK

class=”ql-align-justify”>PulseChain, the high-performance Ethereum-compatible Layer 1 blockchain, is successfully addressing Ethereum’s scalability issues by providing a proven, low-cost alternative.

With its established track record of fast transaction finality and minimal gas fees, PulseChain has become an attractive destination for Ethereum projects seeking scalability without compromise.

The seamless migration path, enabled by PulseChain’s full Ethereum compatibility, has allowed numerous projects to transition without code changes. Developers actively leverage PulseChain’s efficiency while maintaining interaction with the broader Ethereum network.

“PulseChain has provided Ethereum projects with the scalable, low-cost environment they needed. We’re seeing tangible results as projects migrate and users benefit from significantly improved performance,” commented PulseChain’s director John Roberts.

As Ethereum’s challenges persist, PulseChain’s expanding ecosystem and increasing developer adoption solidify its position as a viable and high-performing alternative. The platform delivers greater scalability, lower costs, and improved efficiency for DeFi, NFTs, and beyond.

Now, PulseChain users can instantly bridge assets to PulseChain from multiple blockchains via LibertySwap, offering seamless cross-chain interoperability and making it easier than ever to join the PulseChain ecosystem.

About PulseChain:

PulseChain is an Ethereum-compatible Layer 1 blockchain designed to solve Ethereum’s scalability issues. With faster transaction speeds and low fees, PulseChain offers a more efficient alternative for Ethereum developers and users. The platform supports DeFi, NFTs, and smart contracts, providing an ecosystem for decentralized applications to grow and thrive.

Contact

Director
John Roberts
PulseChain
john@abelpay.io

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.

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]]> https://earlybirdsinvest.com/pulsechain-adoption-rises-as-ethereum-projects-migrate-to-its-faster-cheaper-blockchain/feed/ 0 50651 Bitcoin Re-Enters Profit Zone As Greed Rises, But Rally To $200,000 Still Possible https://earlybirdsinvest.com/bitcoin-re-enters-profit-zone-as-greed-rises-but-rally-to-200000-still-possible/ https://earlybirdsinvest.com/bitcoin-re-enters-profit-zone-as-greed-rises-but-rally-to-200000-still-possible/#respond Sun, 20 Jul 2025 13:58:12 +0000 https://earlybirdsinvest.com/bitcoin-re-enters-profit-zone-as-greed-rises-but-rally-to-200000-still-possible/

Bitcoin reached a new all-time high of $122,838 on July 14, but has since slipped into a phase of consolidation around the $118,000 level. The recent pause in upward momentum hasn’t dampened market sentiment, which remains firmly bullish. According to Coinmarketcap’s Fear & Greed Index, Bitcoin is still currently sitting at a greed level of 68. This sentiment, combined with technical analysis of the Logarithmic Growth Curve (LGC), shows that Bitcoin is still on track for powerful upward moves.

Related Reading

Greed Returns To The Market, But Not Yet Overheated

Bitcoin’s price action has spent the majority of the past 48 hours holding above $118,000 after a wave of profit-taking took place just after it peaked at $122,838. However, on-chain data shows an interesting overview of Bitcoin investors. 

Particularly, crypto analyst Axel Adler Jr. shared data from CryptoQuant showing that the 30-day moving average of the Fear and Greed Index has climbed back into the optimism zone, now sitting at 66.2%. Although sentiment surrounding the leading cryptocurrency is currently in greedy territory, this level is well below the 75% to 80% range, which coincided with new price highs in March 2024 and December 2025

The current 66% reading, while in the green level, suggests there’s still room for bullish sentiment to grow before the market enters a euphoric blow-off phase. In essence, this metric shows that if Bitcoin continues to consolidate and push higher without the sentiment entering into extreme greed levels between 75% and 80%, it will continue on a sustainable push to new heights.

Image From X: @AxelAdlerJr

Bitcoin Re-Enters Resistance Zone On Growth Curve

As mentioned earlier, Bitcoin’s break above the $120,000 price level and its subsequent peak were followed by a wave of profit-taking. The trend saw Bitcoin’s price correct to $116,000 very briefly before stabilizing around $118,000. Interestingly, technical analysis of the weekly candlestick timeframe shows that Bitcoin re-entered the first band of the Logarithmic Growth Curve (LGC) resistance zone as it reached this price peak. 

BTCUSD now trading at $118,152. Chart: TradingView

This band, which is identified as the light pink region in the chart below, has always served as the profit-taking area in each of Bitcoin’s past bull markets. Interestingly, Bitcoin briefly tapped this area in December 2024 and January 2025 before being rejected, in a pattern similar to that of January 2021’s first top in the previous bull cycle.

Image From TradingView: TradingShot

Basically, this indicator implies that Bitcoin is now at the start of a final build-up phase. According to crypto analyst TradingShot, who posted the analysis on the TradingView platform, the ultimate top for this cycle is going to be between October and November 2025. Depending on the timing and strength of factors like anticipated US rate cuts in September, Bitcoin’s peak could land anywhere between $140,000 and $200,000.

Related Reading

At the time of writing, Bitcoin is trading at $118,152.

Featured image from Pexels, chart from TradingView

]]> https://earlybirdsinvest.com/bitcoin-re-enters-profit-zone-as-greed-rises-but-rally-to-200000-still-possible/feed/ 0 48702 Ethereum open interest hits all-time high as price rises to 4-month high https://earlybirdsinvest.com/ethereum-open-interest-hits-all-time-high-as-price-rises-to-4-month-high/ https://earlybirdsinvest.com/ethereum-open-interest-hits-all-time-high-as-price-rises-to-4-month-high/#respond Wed, 11 Jun 2025 17:21:17 +0000 https://earlybirdsinvest.com/ethereum-open-interest-hits-all-time-high-as-price-rises-to-4-month-high/

Ethereum has surged more than 5% in the past 24 hours, climbing above $2,860 to reach its highest price since February.

The rally comes amid rising activity in the derivatives market, signaling strong market conviction behind the move.

On-chain data suggests that rising futures interest is driving much of the market’s current enthusiasm. Open interest, which tracks the total number of active futures contracts, now sits at an all-time high. A growing open interest often signals rising confidence in future price moves.

Data from CryptoQuant shows that most of the current trading activity is concentrated on futures platforms.

According to the firm, open interest, measured in ETH, has reached an all-time high of 7.17 million ETH, equivalent to around $22 billion on derivative exchanges.

Ethereum Open Interest
Ethereum Open Interest (Source: CryptoQuant)

CoinGlass data further supports this trend, showing that open interest has surpassed $41 billion, marking an 8% increase over the past 24 hours.

Ethereum Open Interest
Ethereum’s Open Interest (Source: CoinGlass)

Additionally, institutional players are becoming a larger force in Ethereum’s derivatives market. Open interest in Ethereum’s futures on the Chicago Mercantile Exchange (CME) has nearly doubled over the past month.

Ethereum CME Open Interest
Ethereum CME Open Interest (Source: Velo)

Furthermore, crypto analyst Chantal Lang observed that CME now commands 71% of the institutional futures market for ETH.

According to Lang, this dominance highlights how professional investors increasingly use structured strategies such as cash-and-carry to gain exposure to the asset.

Ethereum CME Open Interest
Ethereum CME Open Interest (Source: Chantal Lang/X)

These numbers reinforce the strong investor demand for ETH exposure amid the digital asset’s improving market fortunes.

]]> https://earlybirdsinvest.com/ethereum-open-interest-hits-all-time-high-as-price-rises-to-4-month-high/feed/ 0 41447 Decoupling Trend Emerges in Tron Network: TRX Rises, Smart Contract Creation Flattens https://earlybirdsinvest.com/decoupling-trend-emerges-in-tron-network-trx-rises-smart-contract-creation-flattens/ https://earlybirdsinvest.com/decoupling-trend-emerges-in-tron-network-trx-rises-smart-contract-creation-flattens/#respond Sat, 07 Jun 2025 00:26:45 +0000 https://earlybirdsinvest.com/decoupling-trend-emerges-in-tron-network-trx-rises-smart-contract-creation-flattens/

The Tron network is seeing a disconnect between smart contract activity and TRX’s rising market value. The underlying asset, for its part, has climbed by more than 12% in the past month amidst a broader market recovery, and is currently trading at $0.275.

As token prices surge, questions are surfacing about whether on-chain fundamentals still matter – or if market sentiment has taken the driver’s seat.

Smart Contract Growth Stalls

From 2017 to 2025, Tron’s ecosystem has undergone significant transformation, as reflected in the trajectory of its smart contract activity and the market price of its native token. In its early years (2017-2019), Tron experienced rapid growth. Both smart contract creation and TRX price surged, driven by strong investor interest and network excitement.

However, this early phase was followed by a period of stabilization, where contract deployment and price action flattened. A second wave of growth began in 2019, as the rise of DeFi sparked increased use of smart contracts across the ecosystem. TRX price responded positively, which, according to CryptoQuant, suggested a healthy relationship between on-chain activity and market valuation.

From 2022 onward, this alignment began to break down. While smart contract deployment showed signs of stagnation, as it became “sporadic and less sustained,” TRX’s price continued to rise, particularly through 2023 and 2024.

Such a divergence indicates that off-chain factors, including speculative sentiment or macro market conditions, have become stronger drivers of TRX’s value. Sharp but brief spikes in contract activity during this period are likely tied to isolated technical events or short-lived projects, rather than sustained ecosystem growth.

The ongoing decoupling between developer activity and price raises important questions about the network’s long-term health. While TRX maintains market momentum, the flat trend in smart contract creation could reflect declining developer interest or a maturing ecosystem with fewer novel deployments. The report further stated,

“Sustainable growth in both metrics likely depends on real-world utility and ongoing developer innovation. If the downward trend in contract deployment persists, it may be necessary to investigate what’s driving TRX’s price separation from core on-chain activity.”

While smart contract creation has shown signs of stagnation since 2022, user-level activity on the Tron network continues to rise.

User Activity Surges on Tron

The network now averages over 8 million daily transactions. This figure was up more than 30% in the past four months and was largely driven by increased participation in existing services and decentralized applications. This divergence further indicates that while innovation may have slowed, demand for current offerings remains strong.

Additionally, TRX’s monthly transfer volume surged to an all-time high in May this year, reaching a whopping $132.4 billion.

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]]> https://earlybirdsinvest.com/decoupling-trend-emerges-in-tron-network-trx-rises-smart-contract-creation-flattens/feed/ 0 40565 XRP Ledger transaction volume dips in May as institutional interest rises https://earlybirdsinvest.com/xrp-ledger-transaction-volume-dips-in-may-as-institutional-interest-rises/ https://earlybirdsinvest.com/xrp-ledger-transaction-volume-dips-in-may-as-institutional-interest-rises/#respond Tue, 03 Jun 2025 13:16:42 +0000 https://earlybirdsinvest.com/xrp-ledger-transaction-volume-dips-in-may-as-institutional-interest-rises/

The XRP Ledger (XRPL) recorded a drop in transaction volume in May 2025, even as institutional adoption of the blockchain network continues to rise.

According to data from XPMarket, XRPL processed over 50.1 million transactions last month, down from 54.8 million in April. Despite the decline, active wallets rose to 278,362, up from 252,000 in the previous month.

XRP Ledger
XRP Ledger (XRPL) Network Activity (Source: XPMarket)

However, this growth did not translate into deeper engagement. Analysts suggest the rise may include automated wallets, as the average activity per user remained relatively low.

dApps usage

Further breakdowns from XPMarket data reveal a concerning trend in decentralized application (dApp) engagement.

XPMarket reported that only about 10% of active wallets, roughly 28,000, interacted with dApps during the month, and most of these users engaged with just one application.

A smaller group of 3,782 wallets interacted with two dApps, while only 968 engaged with three. The number of ultra-users, defined as wallets interacting with more than three dApps, increased slightly to 293.

XRPL
XRPL dApps Engagement (Source: XPMarket)

The imbalance between wallet growth and dApp engagement hints at automation playing a bigger role in XRPL activity. It also illustrates XRPL’s challenge in fostering long-term, human-centric user adoption.

This pattern reflects a maturing yet challenged ecosystem, where user acquisition is rising, but sustained interaction lags behind. The trend indicates that while the XRPL is gaining visibility, meaningful utility beyond basic transactions remains limited for many users.

NFT and AMM activity gains momentum

However, non-fungible token (NFT) and automated market maker (AMM) activity tell a more optimistic story.

According to XPMarket, NFT minting soared from 1.76 million in April to 2.56 million in May, showing growing interest in digital asset creation.

This uptick came alongside increased cancellations and burns, a common trend in fast-paced NFT ecosystems.

At the same time, AMM activity also grew, with more users adding and withdrawing liquidity during the period.

XPMarket remains the dominant platform for the ledger’s NFT and AMM activity, reflecting its role as a key enabler of user participation in these areas.

Institutional adoption

These numbers come as institutional adoption of the blockchain network is gaining traction.

In May, at least three stablecoin products, including EURØP, USDB, and XSGD, were introduced into the XRPL ecosystem.

In addition, the Dubai Land Department (DLD) also selected XRPL to power its real estate tokenization platform, highlighting rising confidence in the network’s infrastructure.

Market observers say XRPL’s low transaction fees, fast settlement times, and regulatory alignment make it a strong option for both traditional institutions exploring blockchain-based settlement solutions.

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