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Solana (SOL) has climbed 10% in the past week, buoyed by bullish technical signals. Trading within an ascending parallel channel and supported by a positive Elder-Ray Index, SOL sits just below a key resistance level at $186.52, with the potential to push past $190 if buying momentum persists.
It is expected that the overall ecosystem will continue to mature, and ultimately, using proxies will become the mainstream way of financial participation.
Ethereum’s recent rally past the $4,000 mark has crushed short sellers and attracted renewed institutional interest, driving futures open interest higher. Holding strong support near $3,909, ETH could push toward $4,430 resistance and possibly retest its all-time high, provided buying momentum continues.
After a quiet week, crypto whales have seized the moment to build positions in key altcoins. Ethereum leads the pack with strong accumulation pushing it above $4,000. Meanwhile, meme coin PEPE and Mantle have also attracted large investor interest, signaling bullish prospects ahead.
- 00:00Santander Bank's digital bank Openbank has now launched POL token trading services in Germany.Jinse Finance reported that Polygon announced on its social media platform that Openbank, a 100% digital bank under Grupo Santander, has launched trading services for Polygon's native token (POL) in Germany. Customers can now directly buy, sell, or hold Polygon's native token POL on the platform without the need to transfer funds to any other platform.
- 2025/09/16 23:55An address containing 1,000 BTC has been activated after 11.7 years of dormancyChainCatcher news, according to Whale Alert monitoring, about 3 hours ago, an address dormant for 11.7 years was activated, containing 1,000 BTC (approximately $117 millions).
- 2025/09/16 23:02Grayscale: US dollar credibility challenged by debt and inflation pressures, crypto assets may become alternative stores of valueJinse Finance reported that Grayscale's latest macro research report points out that the US government's commitment to maintaining low inflation is facing a credibility crisis due to high debt levels, rising interest rates, and continued deficit spending. If investors begin to doubt the stability of the US dollar as a store of value, they may turn to alternative assets such as cryptocurrencies. The report states that bitcoin and ethereum, as the core currency assets of the crypto market, have limited and transparent supply mechanisms, giving them the potential to hedge against fiat currency depreciation in the macro environment. Similar to gold, their value comes from "not being passively expanded due to government debt needs." Grayscale emphasizes that the current unsustainable growth of public debt is driving global demand for crypto assets, but if governments around the world strengthen fiscal discipline and reaffirm central bank independence in the future, it may weaken the demand for cryptocurrencies.