🌌 Ethereums Rising Demand and Market Shifts You Need to Know
⚡ CryptoTrendz - 📌 Hottest Topics in the Last Few Hours!:
Shiba Inu roars back with 10T tokens traded in 24h. Dogecoin eyes $0.50 as whales grab $2B. Solana could hit $280 on rising demand. Saylor hints at more BTC buys. Bitcoin steadies, but $150K rally looms.ETF inflows hit $2.85B weekly record. ✨Let’s dive a little:
🔖 Market Trends and Capital Flows:
🔹Ethereum’s demand surges as ETFs see a record $2.85 billion weekly inflow, indicating strong institutional interest in Web3 assets (Source).
🔹Bitcoin’s $HYPER presale raises $10 million amid Bitcoin’s ongoing consolidation, showcasing investor confidence (Source).
🔹A massive spike in XRP volume, with over 1.5 billion tokens traded in 24 hours, highlights growing trader activity (Source).
🔹Meanwhile, Shiba Inu’s 24-hour market rebound saw over 10 trillion tokens traded, surprising many analysts (Source).
🔹Institutions continue driving tokenized real-world assets, crossing $1 billion in Total Value Locked (TVL), which reflects a shift towards DeFi adoption (Source).
🔖 Technical Analysis & Price Predictions:
🔹AAVE faces resistance at $335, with technical indicators pointing to a potential 31% correction, suggesting caution for traders (Source).
🔹Solana’s price trading range hints at a possible fall to $160, but institutional demand may push prices higher to $260-$280 based on Elliott wave analysis (Source).
🔹Bitcoin might rally to $150,000 before experiencing a downturn, as per industry leaders’ forecasts (Source).
🔹Dogecoin whales have scooped $2 billion, but it’s holding steady around $0.23, with speculation about rising towards $0.50 in August (Source).
🔹XRP’s Elliott wave pattern suggests a potential new high in 2025, reflecting bullish long-term prospects (Source).
🔖 Regulatory & Institutional Developments:
🔹Japan plans to endorse its first yen-backed stablecoins this fall, marking a significant step for digital currency regulation (Source).
🔹Kraken has halted Monero deposits after a 51% attack incident, emphasizing the importance of security in privacy coins (Source).
🔹Ripple’s CTO hints at exciting new network possibilities for the XRP Ledger, aiming to enhance scalability and utilities (Source).
🔹With over 94% of XRP holders in profit, the token’s future hinges on market momentum and potential trend reversals (Source).
🔖 Market Sentiment & Future Outlook:
🔹Crypto markets are often driven by hype rather than fundamentals, risking missed long-term opportunities (Source).
🔹Top altcoins are under scrutiny as investors seek stability amid volatile conditions (Source).
🔹Predictions for Bitcoin reaching $2.2 million by 2025 are gaining attention, with analyst Max Keiser advocating for maximum bullishness (Source).
🔹Meanwhile, Dogecoin’s RadioDoge project hints at new developments, keeping community excitement alive (Source).
🔹As Web3’s evolution continues, market participants are advised to focus equally on foundational growth opportunities (Source).