Ethereum's staking exit queue increased more than fivefold in just three days, reaching a peak of around 851,000 ETH after MetaMask began proactively withdrawing thousands of validators following a security incident.
The altcoin market is once again approaching its 2021 levels: is it ready for a breakout? Altcoin capitalization has come close to the historic marks last seen in 2021, fueling expectations across the crypto community. The market is currently valued at $1.66 trillion, just below the $1.71 trillion record, a level many analysts view as the starting point for a new growth phase.
The SOL/USD pair continues to move within a long-term uptrend, forming a corresponding ascending channel. Last week, the price corrected to five-week lows around 190.95, after which it resumed growth and is currently testing the middle Bollinger Band line at 224.70. A breakout above this level could pave the way toward 250.00 (Murray level [8/8]) and 265.62 (Murray level [+1/8], the upper boundary of the ascending channel). However, consolidation below 203.12 (Murray level [5/8], 61.8% Fibonacci retracement) may lead to a decline toward 183.80 (50.0% Fibonacci retracement) and 171.88 (Murray level [3/8]), potentially signaling an exit from the channel.
The XRP/USD pair has been trading within a sideways range of 3.1250–2.7344 (Murray levels [4/8]–[2/8]) for the second month. Last week, it tested the lower boundary of this corridor, and after breaking below 2.7344 (Murray level [0/8]), it is now preparing to extend its decline toward 2.5391 (Murray level [–2/8]) and 2.3438 (Murray level [6/8], W1). Otherwise, if the price remains within the horizontal channel, a breakout above the middle Bollinger Band at 2.9297 (Murray level [2/8]) could trigger a return to the upper limit at 3.1250 (Murray level [4/8]).
Hedera’s native token, HBAR, is experiencing another wave of bearish pressure, approaching a key support zone. At the time of writing, it is trading at $0.2127, down nearly 2% over the past 24 hours and about 5% on the week.
Bit Digital (Nasdaq: BTBT) has priced an upsized $135 million public offering of convertible senior unsecured notes due 2030, with closing set for October 2, 2025, pending customary conditions. Underwriters — Barclays, Cantor Fitzgerald, and B. Riley Securities — also have a 30-day option to purchase an additional $15 million to cover over-allotments.
Last week, the ETH/USD pair corrected sharply downward, updating a two-month low at 3824.90 under pressure from rising expectations that the U.S. Federal Reserve will hold off on monetary easing in the near term.
The U.S. Securities and Exchange Commission has moved to accelerate the approval of spot crypto ETFs, asking issuers to withdraw their 19b-4 filings after adopting new generic listing standards for commodity-based ETPs.
The team behind the independent validator client Firedancer from Jump Crypto has proposed SIMD-0370, which calls for fully removing the fixed compute unit (CU) limit per block on the Solana network.
The SOL/USD pair continues to trade within a long-term uptrend channel. Last week, the price tested its upper boundary after the Fed’s interest rate cut and the launch of a Ripple ETF, climbing toward 250.00 (Murray level [8/8]). However, the bulls failed to hold the level, and a downward correction followed. At present, the pair is approaching 203.12 (Murray level [5/8], 61.8% Fibonacci retracement). A breakout below this level could extend the decline toward 183.80 (50.0% Fibonacci retracement) and 171.88 (Murray level [3/8]). For buyers, the key threshold lies at the middle Bollinger Band around 227.50; a move above it would reopen the path toward 250.00 and 265.62 (Murray level [+1/8]).
Native Markets has officially launched the USDH stablecoin on Hyperliquid, opening trading in the USDH/USDC pair. The debut generated around $2.1 million in initial volume, according to Hyperliquid
The XRP/USD pair has been trading within the 3.1250–2.7344 range (Murray levels [4/8]–[2/8]) for the second consecutive month and has yet to break out. Last week, the instrument once again tested the upper boundary of this corridor following the launch of the first U.S. spot ETF based on XRP from REX Shares.