AltSignals Blog

Solana’s solid bullish trend sees a continuation towards the $260 resistance, with the $162 mark serving as key support in the foreseeable future. Its weekly chart shows the asset posting consistent higher highs and higher lows. Experts predict that Solana could consolidate between the $162 support and high-value resistance before a decisive move upwards. Despite potential short-term pullbacks, Solana’s upright trend appears firmly in place.

1inch, the second largest decentralized exchange aggregator, expands its cross-chain swap feature to Solana, it aims to provide safer and smoother asset swaps across EVM chains and Solana. The move brings enhanced user safety and protection from MEV attacks while paving the way for increased liquidity in the DeFi landscape.

ETHZilla Corporation, previously known as 180 Life Sciences Corp., shifts from biotech to Ether accumulation, acquiring over 94k ETH, worth $411 million, alongside $187 million in cash equivalents. The firm also rebranded and commenced trading on Nasdaq under the new ticker, ETHZ. The company’s Ethereum treasury approach targets traditional finance firms seeking digital asset accumulation as part of their strategies. The rebrand follows a significant $565 million fundraising drive, with involvement from over 60 institutional and crypto-native investors, and several respected crypto founders.

Ether outperforms Bitcoin with strong spot exchange-traded fund inflows and rising corporate allocations, according to JPMorgan. Investor confidence grows with potential SEC approval for spot ether ETF staking and increased demand from publicly traded companies. The influence of the GENIUS Act and imminent crypto market structure bill further boost Ether’s strength.

This article explores the correlation between societies’ development and decentralization. From the feudal system to the Industrial Revolution, and now Bitcoin, the West has thrived when power was distributed rather than centralized. Reflecting this trend, Bitcoin offers a new frontier in decentralization, bypassing central banks, reducing the power of financial elites, and paving the way for a more equitable world. Discover how Bitcoin could be instrumental in ensuring the survival of Western civilization.

Crypto industry advocates are urging President Donald Trump for a swift approval of his nominee, Brian Quintenz, for the head of the Commodity Futures Trading Commission (CFTC). Quintenz, a former CFTC commissioner, brings significant expertise in digital asset regulation, making him aptly suited to lead the CFTC. This comes at a critical time when the Senate is considering elevating the CFTC as the leading regulator over crypto spot markets. The approval of Quintenz could potentially help avoid a leadership crisis at the CFTC. Despite opposition from the Gemini CEO, the Crypto Council for Innovation and other key crypto associations strongly endorse Quintenz’s nomination.

The article discusses the surge in on-chain inflows, particularly the record-breaking growth of WisdomTree’s real-world asset (RWA) fund, WTGXX. Primarily on Ethereum, the tokenized fund has grown by 722% since May, contributing to an expanding RWA market currently led by tokenized private credit loans. The article also highlights the growth of other ecosystems such as Solana and DeFi lending markets.

Despite recent pressure, XRP price anticipates a bullish breakout due to Ripple’s accelerating presence in the stablecoin industry and lucrative new partnerships. The cryptocurrency countenances promising growth patterns, including a cup-and-handle sequence that often forecasts further gains. Ripple’s RLUSD is among the fastest-growing stablecoins, with a staggering spike in supply and daily volume, contributing to a positive outlook for XRP and Ripple’s overall market presence.

Ethereum (ETH) gains over $150 billion in market capitalization within the first two weeks of August, with ETH whales rushing to unstake their holdings. ValidatorQueue reports a sudden increase in exit requests from the Ethereum validator queues with a 13-day wait time. Despite hefty unstaking figures, active Ethereum validators remain high. The surge in ETH’s price is fueled by Tom Lee’s BitMine pushing its total ETH treasury target up by another $20 billion.