Dogecoin (DOGE) is trading around $0.249, pressing against the upper end of a six-week range between $0.22 and $0.25. Technical indicators now hint at a potential rally, with the meme coin attracting renewed attention from investors.

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The 20-day EMA near $0.225, alongside the 50-day, 100-day, and 200-day averages clustered below $0.220, highlight a strong support zone. With the RSI at 60–61, DOGE shows steady buying momentum without being overbought.

Similarly, the MACD histogram has turned positive, signaling a resurgence in bullish sentiment following muted August trading.

Resistance at $0.25 Could Unlock Higher Targets

Dogecoin’s short-term trajectory hinges on whether it can close above $0.246–$0.250, a level where both resistance and Bollinger Bands converge. A confirmed breakout may clear the path toward $0.263, $0.273–$0.276, and the July high of $0.300.

Support sits at $0.238–$0.240, with deeper levels near $0.233–$0.231 and the 20-day EMA at $0.225. Any drop below the 100/200-day cluster around $0.214–$0.213 would weaken the bullish setup.

Market analysts also note Dogecoin’s parallel channel pattern, with resistance near $0.29. A breakout here could potentially extend gains beyond $0.3 to as far as $0.50, based on the measured width of the channel.

DOGE's price trends to the upside on the daily chart. Source: DOGEUSD on Tradingview

ETF Buzz and Whale Activity Add Fuel

Beyond technicals, fundamentals are helping fuel optimism. Grayscale recently filed for a U.S. Dogecoin ETF, while the REX-Osprey Dogecoin ETF officially launched on September 11. These developments underscore rising institutional interest in meme coins, a trend once considered unlikely.

Meanwhile, whale activity has picked up, with over 10 million DOGE withdrawn from exchanges. Such moves reduce market supply and are typically interpreted as long-term accumulation.

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With institutional products entering the market and on-chain metrics improving, the bullish narrative around Dogecoin is strengthening. A decisive move above $0.25 could set the stage for a rally toward $0.30, and possibly higher if momentum carries through.

Cover image from ChatGPT, DOGEUSD chart from Tradingview

SharpLink, a company with a growing focus on Ethereum, has continued with its aggressive ETH accumulation, according to an Aug. 26 statement.

The firm said it acquired 56,533 ETH at an average cost of $4,462, using $360.9 million raised through its at-the-market issuance program during the week ending Aug. 24.

These purchases lifted SharpLink’s total holdings to 797,704 ETH, which has a market value of nearly $3.7 billion. SharpLink is the second-largest corporate holder of Ethereum, behind only Thomas Lee’s BitMine.

Since launching its treasury initiative in June, SharpLink has earned 1,799 ETH in staking rewards and has roughly $200 million in cash for future acquisitions.

SharpLink’s co-CEO Joseph Chalom described the purchases as evidence of SharpLink’s discipline in executing its Ethereum-focused vision, emphasizing that the company remains committed to building shareholder value while supporting the growth of the wider network.

Following the news, SharpLink shares rose 3.31% to approximately $20 as of press time, according to Google Finance data.

Inducement plan

SharpLink has filed with the US Securities and Exchange Commission (SEC) to register 3 million additional shares tied to its inducement award plan.

The program, first authorized by the board on Aug. 19, allows the company to issue stock to new or rehired employees as part of their compensation package.

According to the filing, the inducement plan applies only to individuals beginning new roles or returning to the firm after a confirmed break in service.

The eligible awards may include restricted shares, stock units, or options, but each must be granted when hiring and serve as a meaningful factor in the decision to join SharpLink.

By linking employment offers to stock incentives, SharpLink aims to compete more effectively for skilled workers while reducing cash-based expenses. The move also reinforces its strategy of aligning employee rewards with long-term shareholder value.

Meanwhile, the plan’s administration will rest with the compensation committee or other independent board members.

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Cardano’s most loyal investors are bucking the usual profit-taking trend and are steadily adding to their ADA stacks even as prices and market heat indicators climb.

Data from Alpharactal showed that ADA long-term holders (LTH) have been steadily accumulating the digital asset since 2021 without showing signs of significant distribution.

This consistency signals confidence in Cardano’s long-term growth and a willingness to hold through potential volatility.

Meanwhile, part of this cohort’s resilience may stem from ADA’s price still sitting 74.76% below its all-time high of $3.09, reached in September 2021.

The incentive to sell may not be compelling for many investors who bought during that cycle until the asset returns to those record levels. On the other hand, ADA short-term holders (STH) are exhibiting a surprisingly more cautious behavior in the current bullish market conditions.

Notably, this cohort quickly sold during 2021’s market rally but now applies far less selling pressure despite ADA’s 150% year-on-year gain.

Instead, Alphractal noted that they have modestly increased their positions in the digital asset.

Overheated market

Outside of these traders’ behaviour, on-chain indicators suggest ADA market conditions are hot and could give the asset another significant price run.

The adjusted Sharpe Ratio, a gauge of risk-adjusted returns, stands at roughly 1, reflecting the strong market performance compared to previous cycles.

Historically, ADA has seen sharp, parabolic rallies when this ratio approaches 2, making the current reading potentially supportive of further gains.

Aside from this indicator, a major bullish catalyst may be forming on the regulatory front.

Data from the decentralized prediction marketplace Polymarket gives Cardano an 80% chance of seeing a US-approved ETF this year. This places it among a small circle of altcoins with such significant odds.

If confirmed, an ETF could draw significant new demand from institutional and retail investors alike,e which could increase ADA’s value.

Ripple CEO Brad Garlinghouse has officially confirmed that the company has bought Rail, a payment infrastructure provider that focuses on stablecoins, for $200 million. The idea is to make Ripple stronger in the enterprise digital payments space, and if everything goes according to plan, it should all be wrapped up by the end of 2025, pending any last-minute regulatory checks.

Garlinghouse called the move a big step in Ripple’s stablecoin strategy, saying that the integration of Rail will make Ripple the go-to infrastructure provider for institutions settling payments via stablecoins. 

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Rail brings capabilities such as virtual accounts, third-party payment support and treasury automation, which will all be rolled into Ripple’s existing payment network and API stack.

This news comes at a time when Ripple’s own stablecoin, RLUSD, is starting to gain popularity. RLUSD is now ranked 105th among all crypto assets by market cap, with a circulating supply of 612.74 million, a market cap of $612.71 million and 24-hour trading volume of $45.26 million. 

RLUSD is trading just below PayPal’s PYUSD and is quickly rising up the stablecoin leaderboard.

$3 billion out

Ripple runs one of the world’s largest digital asset payment platforms, with over 60 active licenses and a network that supports both XRP and other digital assets. The Rail acquisition adds infrastructure for stablecoin flows without requiring users to hold crypto directly.

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Ripple has already spent over $3 billion on strategic acquisitions, and this latest move clearly shows a push to control stablecoin settlement infrastructure on a large scale, now backed by a growing live token.

Coinbase has crossed a significant milestone, reaching a market capitalization of over $100 billion amid renewed momentum across the crypto sector.

According to Google Finance data, shares of Coinbase (COIN) reached a new all-time high of $398.50 during trading hours on July 14. However, the stock’s value ended the day at around $394, reflecting a 2% increase during the period.

Considering this performance, Kylie Reidhead, co-owner of the crypto media outlet Milk Road, suggested that Coinbase could grow into a trillion-dollar company.

He likened Coinbase’s trajectory to the rise of Amazon in retail and Netflix in entertainment, adding that the US-based crypto exchange is positioning itself as a pillar of “upgrading” the current financial system.

Reidhead noted that this positioning could help the Brian Armstrong-led firm overtake traditional banking giants like JPMorgan as crypto infrastructure becomes more integrated with mainstream finance.

Why Coinbase stock is rallying

The Coinbase surge is, in part, due to improving macro conditions for the crypto industry, rising digital asset prices, and the company’s expanding role in merging traditional finance with the emerging industry.

Its inclusion in the S&P 500 Index earlier this year signaled growing confidence in the exchange’s fundamentals and profitability. The move is also expected to increase institutional ownership as index funds adjust their portfolios.

The COIN stock rally also coincided with rising crypto prices, particularly Bitcoin, which surged to an all-time high of more than $120,000 on the same day.

Is Coinbase overvalued?

Despite the positive outlook, some analysts believe Coinbase’s valuation may be inflated.

Analysts at 10x Research have warned that Coinbase might be overvalued, particularly as institutional investors prefer large-cap Bitcoin miners as proxies for the top crypto asset.

According to the firm, Coinbase is still trading at a premium relative to Bitcoin, despite both assets experiencing gains.

The firm stated:

“Coinbase remains overvalued relative to Bitcoin, though both have gained. Only a few assets, including Circle and Robinhood, show stronger momentum than Bitcoin.”

Notably, HC Wainwright recently downgraded Coinbase from Buy to Sell, citing its 150% rally over the past quarter and a price-to-earnings ratio that may not reflect underlying fundamentals.

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Crypto Observers on Monday speculated that World Liberty Financial (WLFI), a distributed financial (DEFI) platform supported by President Donald Trump and his family, could be testing the much-anticipated stable rock of dollars before rolling out for the wider public.

Earlier today, blockchain detectives noted a surge in activity using tokens labeled World Liberty Financial USD (USD1) on blockchain surveillance websites Etherscan and BSCSCAN. USD1 was deployed earlier this month in a series of transactions with Ethereum and BNB chain networks, with tokens occurring over the past few weeks, according to blockchain data.

Some transfers included addresses linked to WinterMute, a large digital asset trading company and market maker, Crypto Custodian Bitgo, according to data from Arkham Intelligence. Token supply was now around 3.5 million to 3.5 million on Ethereum and BNB chains, per Etherscan and BSCSCAN.

Changpeng CZ Zhao, founder of Crypto Exchange Giant Binance, has taken extensive attention to the tokens by “welcoming” the BNB chain’s projects with a screenshot of the USD1 BSCSCAN profile shared with 10 million followers. The post, which I said later, sparked a wave of copycats aimed at attracting new attention.

The WLFI responding with the X post states that USD1 is currently unavailable for transactions, and crypto users should be aware of fraud.

Stablecoin topic

The WLFI, a project led by Zachary Folkman and Chase Herro, created Splash last year as one of the first crypto projects to enjoy backing Trump. The protocol aims to provide a blockchain-based market where users can borrow and lend cryptocurrencies, create liquidity pools and trade with Stablecoins.

It is widely known that the project is working on creating its own Stablecoin, but there was no official communication about the exact plan and timing of launching the token publicly. Coindesk contacted the team but did not reply.

Stablecoins is one of the fastest growing corners in the crypto industry and is widely regarded as a killer use case for blockchain. It is widely used as crypto trading pairs and transactions on blockchain rails, mainly towards the US dollar, as prices are fixed to external assets. It is also increasingly used for daily payments, remittances and savings, attracting the attention of many venture capital investors.

Over the past few months, talk around asset classes have rejuvenated as the Trump administration has raised stubcoin regulations to the top of its crypto agenda. Treasury Secretary Scott Bessent said Stablecoins play a key role in maintaining their global role as a reserve currency for the US dollar.

• XRP supporters hope Paul Atkins’ eventual SEC leadership will bring a favorable resolution for the Ripple case, given his pro-crypto stance in the past.

• One legal expert predicts a settlement before April 16, while ongoing uncertainty continues to weigh on XRP’s price, currently down 33% from its local high.

The New Chairman Might Soon Take the Helm

Contrary to the closed or paused cases between the US Securities and Exchange Commission (SEC) and numerous crypto entities, the legal battle against Ripple remains unresolved. The topic is among the most discussed in the space, and as such, it has become the subject of multiple speculations.

Most recently, some X users have raised hopes that the eventual appointment of Paul Atkins as the regulator’s new Chairman could contribute to a favorable resolution for Ripple.

The American, nominated by US President Donald Trump, is reportedly scheduled for a committee hearing on March 27. The Senate will then vote on his appointment, and if confirmed, he will become the next leader of the SEC.

Atkins is known for his pro-crypto stance, which might explain why XRP proponents are awaiting his arrival at the scene. He has also previously criticized the SEC for its approach toward the digital asset industry. Speaking on a podcast in 2023, Atkins claimed that the FTX crisis became an “international debacle” because the agency didn’t enforce a clear regulatory framework for the sector. 

An Outcome in Less Than a Month?

Not long ago, American attorney Fred Rispoli also put his name on the list of people expecting a resolution in the short term. He claimed that Ripple and the SEC might reach a mutual agreement before April 16 (a date that marks the firm’s scheduled filing of their appellate brief).

For her part, Fox Business journalist Eleanor Terrett revealed that she has inside information that the lawsuit “is in the process of wrapping up and could be over soon.”

According to her sources, the SEC had been thoroughly examining the tussle and is now “seemingly unsure” whether Ripple violated any rules. Recall that Judge Torres found that the company’s institutional sales of XRP tokens breached federal securities laws and ordered a fine of $125 million.

The Delay Isn’t Helping XRP

Some market observers believe the ongoing case is among the obstacles preventing Ripple’s native token from launching a new bull run.

The US lawyer Bill Morgan shared a similar thesis, warning the community that the continued uncertainty about the case’s outcome may “exert a negative pressure” on XRP.

Currently, the asset’s price is hovering around $2.25 (per CoinGecko’s data), a 33% decline from the local top of almost $3.40 registered in mid-January. 

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