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Cardano’s Comeback? Coinbase Launches Wrapped ADA on Base

by Ouess
written by Ouess

While ADA has struggled recently, dropping 24% monthly, new developments suggest a potential trend reversal may be brewing. Here’s what could power Cardano’s comeback.

1. Coinbase Brings ADA to Ethereum Ecosystem

  • cbADA launched on Coinbase’s Base network
  • 1:1 backed by real ADA in custody (proof-of-reserves)
  • Enables ADA use on Uniswap, PancakeSwap, Aerodrome
  • Bridges Cardano to Ethereum’s DeFi ecosystem

2. Midnight’s Glacier Drop Airdrop Coming

  • Cardano’s privacy-focused sidechain prepping NIGHT token
  • Airdrop requires Cardano network interaction
  • Could drive short-term activity surge
  • NIGHT trading may bring new liquidity to ecosystem

3. Technical Setup Shows Rebound Potential

  • RSI at 36 (nearing oversold, starting to rise)
  • Bollinger Bands narrowing (volatility squeeze)
  • Key resistance: $0.60-$0.62 (break could target $0.70)
  • Critical support: $0.55 (loss may lead to $0.52 test)

Current ADA Market Snapshot

  • Price: $0.571 (-2% daily)
  • Volume: $586M (-1.7%)
  • Open Interest: $724M (-2.15%)
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Altcoin

SEI Token Defies Market Slump with 66% Weekly Surge

by Ouess
written by Ouess

While most cryptocurrencies flounder amid geopolitical tensions, SEI token is staging an impressive rally – up 40% in 24 hours and 66% weekly. Here’s what’s driving this unexpected surge.

SEI’s Standout Performance

  • Price: $0.279 (up from $0.168 a week ago)
  • Market cap: $1.55 billion
  • Trading volume: $787.3 million (+257%)
  • Outperforming Bitcoin and Ethereum

SEI Price Source : TradingView

3 Key Reasons Behind the Rally

1️⃣ Technical Breakout

  • Bullish patterns on daily/weekly charts
  • Next target: $0.30 resistance, then potential run to $1

2️⃣ Ecosystem Growth

  • USDC supply on Sei exploded from $1.2M → $225M since March
  • DEX volume hit $263M/week
  • Derivatives OI surged 82% to $252.93M

3️⃣ Institutional Recognition

  • Chosen for Wyoming’s state stablecoin (WYST)
  • Upcoming Giga upgrade generating hype

What’s Next for SEI?

  • Bull case: Break above $0.30 could fuel run to $0.50+
  • Risk: Broader market slump may limit gains
  • Catalysts: Giga upgrade, stablecoin developments
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Altcoin

Chainlink Launches Build on Solana to Boost Web3 Startups

by Ouess
written by Ouess

Chainlink just unveiled Build on Solana, an ambitious accelerator program designed to help Web3 startups leverage both Chainlink’s oracle services and Solana’s high-performance blockchain.

What Build on Solana Offers

Selected projects gain access to:
✅ Chainlink’s full product suite (CCIP, Data Feeds, SmartData)
✅ Technical mentorship from Chainlink Labs & Solana Foundation
✅ Go-to-market support and ecosystem visibility
✅ Token distribution to Chainlink stakers

Applications remain open for two months, giving builders time to secure this unique opportunity.

Why This Matters for Solana

The program arrives alongside CCIP v1.6’s mainnet launch, enabling:
🔹 Secure cross-chain transfers between Solana, Ethereum, and other major networks
🔹 Institutional-grade DeFi with projects like Maple Finance ($19B in assets) migrating
🔹 New use cases in RWAs, gaming, and consumer apps

Who Should Apply?

The program targets:

  • DeFi protocols needing reliable oracle data
  • Infrastructure teams building bridges/aggregators
  • Consumer apps (wallets, marketplaces, gaming)
  • RWA tokenization projects

Early adopters include Interport, OpenOcean, and XSwap – all now offering faster cross-chain swaps via Solana.

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Altcoin

Sei Network Soars: 10% Price Jump as Gaming & AI Hype Grows

by Ouess
written by Ouess

Sei Network is having a breakout moment, with its SEI token up 10% today as the blockchain makes waves across gaming, stablecoins, and AI payments. Here’s what’s driving the excitement.

1. Wyoming Chooses Sei for WYST Stablecoin

  • Selected as one of two finalists for Wyoming’s official stablecoin
  • Will use LayerZero’s OFT standard for cross-chain functionality
  • Beat out competitors like Solana and Ethereum
  • Pilot launch set for July 2024

2. Targeting the $200B AI Payment Market

  • Building “VISA for AI agents” with ultra-low fee microtransactions
  • Sei Giga enables instant settlements (fractions of a cent per tx)
  • Compatible with Coinbase’s x402 for autonomous AI payments

Sei Price Source : TradingView

3. Dominating Web3 Gaming

  • 7.38M active wallets in 30 days (33.5% market share)
  • Surpassed opBNB as top gaming blockchain
  • SKALE, WAX, Immutable trail behind

Source: Dapp Radar

4. Network Activity Exploding

  • Active addresses tripled recently (Nansen data)
  • 1.4M daily transactions (double previous volume)
  • Futures open interest up 24% as traders pile in
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Altcoin

Solana Price Plunge: Memecoin Crash Threatens $140 Support

by Ouess
written by Ouess

Solana (SOL) has taken a brutal hit, plunging 25% since May to $140—its lowest level since April. The collapse reflects deeper ecosystem troubles, from fading memecoin hype to shrinking DeFi activity.

The Perfect Storm Dragging SOL Down

Solana Dex’s Volume Source : DeFiLlama

  1. Memecoin Meltdown
    • Solana memecoins lost $20B+ since January
    • Top tokens like Fartcoin (-25%), Popcat (-20%) bleeding out
    • Total memecoin market cap now just $9.29B (vs. $30B peak)
  2. DeFi Activity Crumbles
    • DEX volumes halved in June ($46B vs. $97B in May)
    • Stablecoin transactions down 68% monthly
  3. Technical Breakdown
    • Death cross (50D/100D MA) signals bearish momentum
    • RSI & MACD point to further downside risk

    Solana Price & MACD Source : TradingView

    A Glimmer of Hope? Bullish Flag Forms

    Despite the bloodbath, SOL shows one potential lifeline:
    ✅ Bullish flag pattern on daily charts
    ✅ Break above $156 (100D MA) could confirm reversal
    ✅ Fibonacci levels suggest $120 next if support fails

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    Altcoin

    XRP Whale Dumps $58M as Price Tests Key Support – What’s Next?

    by Ouess
    written by Ouess

    XRP faces mounting selling pressure after failing to break $2.30, with whales moving $58 million worth of tokens to Coinbase. As long-term holders cash in profits, the key question is whether $2.00 support will hold—or if an ETF catalyst could reverse the trend.

    Whale Activity Heats Up

    • 26.6M XRP ($58M) transferred to Coinbase
    • Profit-taking intensifies: $68.8M daily realized gains (7-day avg)
    • Price holds at $2.16—still 3× higher than pre-November 2024 levels

    Bullish vs. Bearish Signals

    Bear Case:

    • Distribution phase underway
    • Long-term holders selling
    • Rejection at $2.30 resistance

    Bull Case:

    • 90% odds of XRP ETF approval by 2025 (Polymarket)
    • Analyst Dark Defender spots “Cup Surface” breakout pattern
    • Key targets: $2.22 (short-term), $3.61 (mid-term)

    Critical Levels to Watch

    • Support: $2.07 (Fibonacci level) → Break risks drop to $2.00
    • Resistance: $2.30 → Clearing this could fuel rally

    With Ripple’s lawsuit nearing conclusion, XRP’s next move hinges on ETF news and whale behavior.

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    Altcoin

    FUNToken Surges 25% – Is $0.008 the Next Target?

    by Ouess
    written by Ouess

    While most cryptocurrencies flatlined this week, FUNToken (FUN) defied the trend with a 25% price surge in just 24 hours. Now trading above $0.0041, analysts eye a potential breakout to $0.008 if bullish momentum holds.

    Why FUNToken Is Gaining Momentum

    • Market cap jumps to $45.2M
    • Weighted sentiment turns positive (bullish outlook growing)
    • Social engagement remains steady
    • Upcoming development teased (could fuel further gains)

    Technical Indicators Flash Green

    https://twitter.com/FUNtoken_io/status/1935371212122698240?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1935371212122698240%7Ctwgr%5E95696a95e2dbb6d13e528e8c695d51cdb7124908%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcoingape.com%2Fmarkets%2Ffuntoken-fun-price-explodes-25-in-24-hours-is-a-breakout-to-0-008-imminent%2F

    The 4-hour chart shows strong upside potential:
    ✅ MACD bullish crossover
    ✅ Chaikin Money Flow (CMF) at 0.27 (high buying pressure)
    ✅ Key resistance at $0.005 – Breakout could trigger run to $0.008

    FUNTOKEN Price Source : Tradingview

    A brief rejection at $0.0043 doesn’t worry traders—the overall trend remains strong.

    What’s Next for FUNToken?

    • Short-term: Watch for a $0.005 breakout
    • Mid-term: $0.008 target if buying pressure continues
    • Catalyst: Upcoming announcement could boost sentiment

    With the crypto market in a lull, FUN’s sudden surge makes it one to watch.

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    Altcoin

    Cardano Plans XRP & RLUSD Integration to Boost DeFi Ecosystem

    by Ouess
    written by Ouess

    Cardano founder Charles Hoskinson has teased exciting developments for the network, revealing plans to integrate XRP and Ripple’s stablecoin RLUSD. This move could significantly expand Cardano’s DeFi ecosystem and interoperability.

    What’s Included in the XRP Integration Package?

    Hoskinson confirmed that Cardano is working on a comprehensive XRP integration, which includes:
    ✅ XRP DeFi features – Bringing XRP liquidity to Cardano’s smart contracts
    ✅ Lace wallet support – Native XRP and RLUSD compatibility
    ✅ Potential airdrops (“glacier drops”) – Gradual token distribution
    ✅ RLUSD stablecoin adoption – Enhancing Cardano’s stablecoin options

    While no timeline was given, this signals serious discussions between Cardano and Ripple-linked projects.

    Why This Integration Matters

    🔹 DeFi Growth: XRP has limited DeFi presence—this could unlock lending, borrowing, and yield opportunities.
    🔹 Stablecoin Expansion: RLUSD would join Cardano’s growing stablecoin ecosystem.
    🔹 User Experience: Lace wallet integration simplifies XRP and RLUSD transactions.

    Hoskinson’s announcement suggests this is part of a broader Ripple-Cardano collaboration, not just a one-off addition.

    Potential Impact on Cardano’s Ecosystem

    • More users & developers attracted by cross-chain functionality
    • Increased DeFi activity with XRP liquidity
    • Stronger competition against Ethereum and Solana

    If successful, this could be a game-changer for Cardano’s position in the blockchain space.

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    Altcoin

    Cardano Hits 2,000 dApps as Development Activity Soars

    by Ouess
    written by Ouess

    The Cardano blockchain just hit an impressive benchmark – over 2,000 active projects are now building on its network. This growth comes alongside surging developer activity and infrastructure upgrades.

    Cardano’s dApp Explosion

    According to Input Output’s latest report:
    ✅ 2,004 active projects now live on Cardano
    ✅ 138,000+ Plutus scripts (Cardano’s smart contracts) in use
    ✅ 0.22% weekly growth in smart contract deployment

    This makes Cardano one of the most actively developed blockchains in crypto.

    Network Security Strengthens

    Cardano’s validation system is seeing healthy growth:
    🔒 1,352 DReps (decentralized validators) onboarded
    🔋 967 currently active (+0.44% weekly)
    💰 1.3M delegating wallets supporting the network

    Cardano TVL Source : DeFiLlama

    Developer Activity Skyrockets

    The technical backbone is getting major upgrades:
    💻 278 GitHub commits last week (+33% from previous)
    🛠️ New node tracing system in development
    ⚙️ Plutus upgrade (smart contract platform) underway

    Record-Breaking Token Ecosystem

    Cardano’s unique architecture supports:
    🪙 10.8M native tokens issued (all Layer-1 record)
    📊 110M+ on-chain transactions completed

    Despite these achievements, ADA trades at $0.63 (down 4.63% weekly) with $300M TVL in DeFi.

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    Altcoin

    XRP Price Alert: Bear Flag Signals Potential Drop to $1.60

    by Ouess
    written by Ouess

    XRP is flashing warning signs after breaking down from a bearish chart pattern. With trading volumes dropping and whales selling, could we see a plunge to $1.60?

    Bear Flag Breakdown: What It Means

    XRP’s daily chart shows a concerning development:

    • Broken support from bear flag’s lower trendline
    • 26% downside risk to $1.63 (measured from flagpole height)
    • Sell volumes spiked to $172M (highest since May 30)

    XRP price Source : TradingView

    The Directional Movement Index (-DI above +DI) confirms bearish momentum is strengthening.

    Why Traders Are Nervous

    Three red flags suggest further downside:

    1. 90-day MVRV at 31% – indicates extreme profit-taking potential
    2. Whales selling – on-chain data shows large holders exiting
    3. 34% volume drop – suggests weakening buyer interest

    Historically, when XRP’s MVRV exceeds 15%, corrections follow.

    Potential Silver Linings

    Not all indicators point down:

    • MFI rising to 56 – could signal bear trap
    • RLUSD growth – possible catalyst if GENIUS Act passes

    But with geopolitical tensions weighing on crypto markets, the path of least resistance appears downward.

    Key Levels to Watch

    • Immediate support: $2.00 (psychological level)
    • Target: $1.60-$1.63 (bear flag measurement)
    • Reversal signal: Reclaiming $2.18 resistance
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