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 ETH/USD pair is trading within a long-term uptrend but has entered a correction phase since the Fed’s recent rate cut. The price is now testing the lower boundary of the short-term sideways range at 4687.50–4062.50 (Murray [7/8]–Murray [5/8], Fibonacci 23.6% retracement). A breakdown could push ETH towards 3540.00 (Fibonacci 38.2%) and 3125.00 (Murray [2/8], Fibonacci 50.0%). For the bulls, the key level remains 4687.50 (Murray [7/8]); a breakout above it may trigger renewed growth toward 5000.00 (Murray [8/8]), 5312.50 (Murray [+1/8]) and 5625.00 (Murray [+2/8]).
The broader crypto market is currently in a holding pattern, but Binance Coin (BNB) is breaking away from the pack. While Bitcoin, Ethereum, and most other assets are moving sideways, BNB has been setting fresh records. Earlier this week, the exchange token surged past $1,000 to hit a new all-time high—and the rally hasn’t slowed. At the time of writing, BNB is trading just below $1,100, marking an 8% gain in the past 24 hours.
The ETH/USD pair is holding around 4529.00: over the past week the asset has gained almost 10.0%, reflecting improved market sentiment and increased institutional interest in the crypto asset, confirmed by CryptoQuant statistics.
The Solana price has surged by about 20% within a week, fueled by billions in institutional inflows. A leading crypto analyst sees even greater potential for SOL.
During the Asian session, XRP/USD is trading around 3.0092: the token is advancing after reports that the RLUSD stablecoin will become available in Africa through partnerships with fintech companies Chipper Cash, VALR, and Yellow Card, enabling faster, cheaper, and more efficient cross-border payments. Institutional investors currently face hurdles in accessing stable local-currency liquidity. According to Jack McDonald, Vice President for stablecoins, interest in RLUSD has increased significantly since its late-2024 launch: this is also reflected in its market capitalization, which has already exceeded $700.0 million. The product is fully compliant with regulatory requirements and is issued via a specialized trust company supervised by the New York State Department of Financial Services (NYDFS).
The SOL/USD pair is holding near 220.89 following reports that hackers stole 92.6K SOL — equivalent to $41.5 million or about 2.0% of assets — from an external wallet used for the SOL Earn strategy on SwissBorg.