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Solana surges 21%, reclaiming $200. With rising demand, SOL could target $219, but a drop below $195.55 risks a reversal.
Curve Finance’s CRV holds above $1 despite heavy founder sales, supported by record user growth, high trading volumes, and bullish technical signals that could push it toward $1.30 in the short term.
Over 98% of the circulating Ethereum supply is now in a profitable state, reaching a two-year high and signaling a heightened risk of a price correction as investors may look to cash in on their gains. Not-Seen Profit Level in Two Years According to on-chain data platform Glassnode, its “Percent Supply in Profit” metric for … <a href="https://beincrypto.com/98-of-ethereum-supply-hits-profit-warning-signal-flashes/">Continued</a>
Bitcoin Dominance has decreased, while Ethereum Dominance is on the rise
Chinese financial giants Fosun and CMBI are accelerating blockchain adoption with stablecoin and tokenized asset innovations, signaling the rapid growth of the $30 trillion tokenization market in Asia-Pacific.
Avalanche faces potential price drop due to a $42 million token unlock; price may dip to $20 if supply overwhelms demand.
- 14:48The SEC Cryptocurrency Special Task Force will organize a series of public meetings.Jinse Finance reported that the U.S. Securities and Exchange Commission (SEC) has officially announced that the Cryptocurrency Special Task Force is actively preparing to arrange opportunities for stakeholders to meet with crypto-friendly Commissioner Hester Peirce and her team. To promote open dialogue and transparency, the SEC will release the agenda and list of representatives participating in each meeting.
- 14:47Data: The probability of the Federal Reserve cutting rates by 25 basis points in September has risen to 91%, while the probability of a 50 basis point cut is 7%.According to Jinse Finance, Polymarket data shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in September has risen to 91%, while the probability of a 50 basis point cut is 7%. The current trading volume is $196 million.
- 14:40Layer-1 network Mavryk Network completes $10 million funding round, led by MultiBank GroupChainCatcher reported that Layer-1 network Mavryk Network has announced the completion of a $10 million funding round, led by MultiBank Group, to expand its real-world asset (RWA) tokenization initiative. It is reported that Mavryk Network and MultiBank have established a partnership to tokenize real estate assets in the United Arab Emirates valued at over $10 billion through MultiBank's RWA platform.