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XRP Comment and Price Analysis - September 12, 2025
XRP/USDT Technical Analysis Triangle Formation Analyzing the XRP chart on a daily time frame, we see that the coin has been trading inside a narrowing triangle formation for a long time. From what we all know, such patterns generally end up with a breakout. XRP is currently trading near the upper border of the formation. A daily price closing above the level $3 would likely result in a breakout from the triangle formation.The compression increases as the formation draws near to its very end, and this makes the breakout direction more critical. XRP can be expected to target its short-term ATH around the level $3.60 if the price breaks above and is supported by high volume.The range between the levels $2.60 and $2.80, recently tested, has acted as a strong horizontal support and an area where buyers stepped in. This zone also serves as an important POI (point of interest) where support and resistance flips have been observed. The technical possibility of an upward breakout remains higher as long as the price holds above this support.The price of the coin could pull back to the levels at $2.50 and then to $2.05 in case the lower support of the pattern breaks downward. Yet, this bearish scenario is currently considered much less likely.We do not see a significant volume increase as the formation progresses; however, the volume to come in at the moment of a breakout near the resistance line will be crucial for the sustainability of the move. Therefore, both the price action and the volume confirmation of the breakout should be closely monitored.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during the transactions.
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11 Sep 2025
WLD Comment and Price Analysis - September 11, 2025
WLD Technical AnalysisWe have recently seen a crucial development which could have a great effect on the AI ecosystem. According to what WSJ wrote, Oracle and OpenAI signed a huge infrastructure deal amounting to $300 million. This massive deal is expected to bring huge demand for AI infrastructure and to increase the significance of ZK-ID based projects like Worldcoin. WLD Trend Breakdowns When we analyze WLD on a daily time frame, we see that it had been moving within a long-term descending channel and a symmetrical triangle. This pattern signaled an approaching decisive move. We had the upper border of the pattern around the level $1.17 while the lower border was around the level $0.90. With the help of great news, WLD saw a strong breakout of the pattern upwards. The price of the coin tested $1.82, and the formation played out well.The range between the levels worked as both support and resistance in the past but now it has turned into a support zone once again. We can state that the next major resistance levels to follow are $2.61 and $3.74 if the price can hold above $1.61–$1.82.To summarize, WLD had been trading inside a falling channel for a year and now it has broken above it. The mid-term general outlook is now positive as the upper border of the channel is behind us. Though we could see pullbacks down to the intermediate support levels, the general structure signals a bullish outlook.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during the transactions.
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11 Sep 2025
What is Linea (LINEA)?
Recently, an altcoin has been making headlines thanks to its listing on numerous exchanges and extensive airdrop process: Linea. Linea is a Layer-2 network designed to increase the scalability of the Ethereum blockchain. It uses zk-rollup (zero-knowledge-based) technology to process transactions in bulk outside the Ethereum main chain, prove their validity, and submit them to Ethereum. This allows for much faster and more cost-effective transfers compared to transactions on the Ethereum network. Because the Linea network was developed to be fully compatible with Ethereum (EVM-equivalent), smart contracts and applications on Ethereum can run on Linea without any modifications. ConsenSys, the developer of popular Ethereum tools such as MetaMask and Infura, is behind the project. Linea's native cryptocurrency, the LINEA token, was released to the community via an airdrop in 2025. Linea (LINEA) Definition and OriginsLinea can be simply described as a scaling solution for the Ethereum ecosystem. It emerged as a Layer-2 network to address Ethereum's high transaction fees and limited transaction capacity. This network maintains Ethereum's security and decentralization while processing transactions on its own and sending them to the Ethereum mainnet with a hash proof. This reduces congestion on the Ethereum main chain and improves the user experience. Linea's technical foundation is zkEVM technology, powered by zero-knowledge proofs (zkSNARKs). This technology cryptographically proves to Ethereum that transactions are valid and allows them to be validated without revealing transaction details.The emergence of the Linea project is part of a search for a solution to Ethereum's scaling problem. Initially known as ConsenSys zkEVM, the project was piloted by ConsenSys as a private testnet in late 2022. Then, in March 2023, ConsenSys launched a public testnet for its zkEVM solution and named the project "Linea." This test phase, announced with the "Linea" brand, generated significant interest in the Ethereum community. When announcing Linea, the ConsenSys team emphasized that it would integrate with the MetaMask wallet and Infura infrastructure, allowing developers to easily scale their applications without prior knowledge of the zk technology. The "Linea" in the project's name represents a line, a connection, between the Ethereum main chain and this second layer, representing a continuous data flow. ConsenSys, led by Ethereum co-founder Joseph Lubin, played a significant role in Linea's development, drawing on its experience and position within the ecosystem. Lubin founded ConsenSys in 2014 to support Ethereum's development and developed products like MetaMask, which have reached millions of users. Linea (LINEA) History: Major MilestonesThe Linea project has undergone several significant milestones throughout its development and launch. The key milestones in the history of the Linea network are listed below in chronological order:• December 2022: ConsenSys launched a private testnet for its zkEVM solution, which will run on Ethereum. At this early stage, the project was known as "ConsenSys zkEVM," and initial trials were conducted as a closed beta.• March 28, 2023: The public testnet was launched. ConsenSys released a public test version of its zkEVM-based Layer 2 network and officially renamed the project "Linea." With the announcement of Linea's public testnet, Layer 2 competition intensified, as rival projects Polygon zkEVM and zkSync Era also emerged around the same time.• July 2023: Linea Mainnet Alpha launched. Following a roughly three-month testnet phase, ConsenSys announced the first mainnet version of the Linea network at the EthCC event in Paris in July 2023. Initially, only select partners were granted access, and the network was soon publicly available. With this mainnet alpha release, over 100 projects and 5.5 million unique wallets participated in the testing process on Linea, with a total of 47 million transactions reported.• August 2023 - March 2024: Linea Voyage campaign. To incentivize user participation during the testnet and mainnet alpha phases, the Linea team launched an experience points (LXP) program called "Voyage." Users earned points for their transactions on the testnet and in applications, earning them the opportunity to earn future rewards. During this period, the Linea ecosystem grew rapidly, and many DeFi protocols and NFT projects integrated into the Linea network.• May 2024: The Linea Surge liquidity program was announced. After the first months of the mainnet, a liquidity mining and incentive campaign called "The Surge" was launched to revitalize the DeFi ecosystem on the network. Under this program, users earned points called LXP-L by transferring assets to the Linea network and providing liquidity to the protocols. The launch of the Surge program saw a significant increase in the total value locked (TVL) and number of active users on Linea.November 2024: The end of the Surge program and the establishment of the Linea Association. The liquidity incentive program ended as planned in November. Although TVL and active user metrics decreased with the program's end, the Linea team took steps to prepare the network for more sustainable growth. Around the same time, ConsenSys announced the Switzerland-based Linea Association to ensure decentralized governance of the Linea network. This non-profit organization was created to oversee the network's development and future token distribution. The Linea Association was seen as a key step in the network's roadmap to full decentralization. • September 3, 2025: Airdrop eligibility announcement. The Linea team released a tool to check eligible addresses for the long-awaited LINEA token airdrop. With this tool, called the "Airdrop Eligibility Checker," users were able to determine whether they were eligible to claim tokens based on their past participation in the Linea Voyage and Surge campaigns.• September 10, 2025: LINEA Token Generation Event (TGE) and airdrop commenced. LINEA coin, the native token of the Linea network, officially entered circulation with the TGE held on September 10. 10% of the total maximum supply of 72 billion LINEA tokens (approximately 7.2 billion) began being distributed to early adopters and contributors via airdrop. As part of the airdrop, users who collected at least 2,000 points in the Linea Voyage campaign and 15,000 points in the Surge campaign were eligible to receive rewards. Approximately 750,000 addresses were identified as eligible to receive a share of this distribution. The airdrop claim period is set to run for 90 days, after which time any unclaimed tokens will be transferred back to the Linea ecosystem fund. Linea's initial price was: September 2025: Exchange listing and liquidity programs. With the launch of the LINEA token, major cryptocurrency exchanges began listing the token. On September 8, 2025, Binance announced LINEA as the 37th project of its "HODLer Airdrop" program, distributing LINEA tokens to users who staked BNB on specific dates. Binance then opened trading pairs for LINEA, including LINEA/USDT, LINEA/TRY, and LINEA/BNB. OKX launched LINEA's listing on September 10 and initially implemented measures such as a $10,000 purchase limit per user to limit volatility. Additionally, the Linea network allocated 1.6 billion tokens to liquidity mining through its "Linea Ignition" incentive program to increase liquidity on DeFi platforms.Why is Linea (LINEA) Valuable?Why is the Linea network important and valuable? To understand this, it's important to consider both the project's technical advantages and its contributions to the ecosystem:Fully compatible with Ethereum and easy to transitionOne of Linea's biggest advantages is its full compatibility with the EVM (Earth-to-Earth VM). This allows existing smart contracts and decentralized applications running on Ethereum to be easily deployed to the Linea network with virtually no code changes. For developers, this means they can scale their applications on Ethereum without needing to learn a new language or rewrite their projects. As a result, the Linea ecosystem has quickly reached hundreds of integrations, including DeFi, NFT, gaming, and infrastructure projects. The fact that the MetaMask wallet and Infura infrastructure natively support Linea also streamlines the user and developer experience.High scalability and low feesWith its zk-rollup technology, Linea can process significantly more transactions per second than Ethereum. This significantly increases the network's throughput and shortens confirmation times for users, even during peak periods. Moreover, because transactions are transmitted in bulk to Ethereum and data is compressed, transaction fees ("gas" fees) are designed to be 15-20 times cheaper than on the Ethereum mainnet. These lower fees are particularly advantageous in use cases like DeFi, which require frequent transactions. Linea aims to further increase transaction throughput on its 2025 roadmap, reaching thousands of transactions per second (approximately 5,000 TPS). Strong security objectivesAs a Layer-2 solution, Linea's value lies in its inheritance of Ethereum's security model. The validity of transactions on Linea is proven on the Ethereum main chain using zero-knowledge proofs (zk-SNARKs). This cryptographically guarantees that off-chain computations are performed correctly, eliminating the need to run each transaction on Ethereum. When the Ethereum network verifies these proofs of validity from Linea, transactions on Linea achieve finality. Furthermore, this model eliminates the 7-day waiting period seen with optimistic rollups, allowing users to withdraw instantly and quickly transfer their assets back to the main network. In short, because the Linea network borrows Ethereum's security, the security of user funds is maintained according to Ethereum standards.Offers a fair and Ethereum-friendly token economyThe LINEA token, the native asset of the Linea network, has a different economic model than most competing Layer-2 projects. Firstly, unlike many networks, transaction fees on Linea are paid directly in ETH, not LINEA. This approach enhances financial compatibility with the Ethereum ecosystem and ties Ethereum's value to Linea activities. The LINEA token is not used for network governance and has no initial pre-distribution allocated to any specific investors or teams. Instead, 85% of the total supply is allocated for community and ecosystem development. 10% of this distribution will be immediately distributed to early adopters and contributors via airdrop, while the remaining portion will be distributed in a controlled manner by the Linea Consortium for long-term incentives, public benefit funds, and R&D. Not allocating any funds to investors or private sales makes Linea a more community-focused project.Furthermore, Linea's economic model includes a burn mechanism for revenue generated from network activities in both ETH and LINEA. For example, 20% of net transaction fees collected on Linea are allocated to burn ETH, and 80% are allocated to buy back and burn LINEA tokens from the market. This double-burn mechanism rewards increased network usage with a decrease in the supply of both Ethereum and the LINEA token, thus contributing to Ethereum's value and making the LINEA token a deflationary asset.ConsenSys SupportThe presence of a well-established organization like ConsenSys behind the Linea project provides significant technical and financial support. To date, ConsenSys has raised a total of $725 million from investors such as Microsoft, SoftBank, and Coinbase Ventures, providing indirect assurance for Linea's long-term development. Furthermore, ConsenSys's extensive user base in the Ethereum world (such as MetaMask's millions of users) has accelerated Linea's rapid adoption. Since its mainnet launch, the Linea ecosystem has been enriched by the participation of major protocols: Numerous projects are active on Linea, including decentralized exchanges Aave and PancakeSwap; NFT projects; bridge protocol Stargate; and derivatives platform Satori.The Future of LineaThe future of the Linea project offers both significant opportunities and points to be closely monitored. Looking at the roadmap, the Linea team has set ambitious goals for further network development between 2025 and 2026. One of the most important technical goals is to reach the Type-1 zkEVM level by early 2026. Type-1 zkEVM represents a second layer almost entirely equivalent to the Ethereum protocol, and achieving this level would mean Linea would have the same security and verification rules as Ethereum. There is also a plan to increase transaction processing capacity to a level where it can easily process thousands of transactions per second (0.5 gGas/sec, approximately 5,000 TPS) by mid-2026. If these performance targets are achieved, the user experience on the Linea network could become as fast and seamless as a centralized server.Who is the Founder of Linea (LINEA)?The founder and developer of the Linea project is ConsenSys, a leading blockchain software company in the Ethereum world. ConsenSys was founded in 2014 by Joseph Lubin, one of the co-founders of Ethereum. Therefore, it's safe to say that Joseph Lubin is the visionary behind Linea. Lubin contributed to Ethereum's early development and later developed critical infrastructure tools like the MetaMask wallet and Infura within ConsenSys. Linea was also implemented by this experienced ConsenSys team, and the project idea is based on the vision of pioneers in the Ethereum ecosystem like Lubin.To ensure the project doesn't remain entirely centralized, ConsenSys established a Swiss foundation called the Linea Association at the end of 2024. In other words, Linea's management and development follows a model that began under ConsenSys' leadership but aims to evolve into an independent community structure over time. The project's core team includes experienced product managers like Declan Fox and engineers from the Ethereum community.Linea's Technical OverviewLinea uses a zk-rollup approach, packaging numerous transactions off-chain and sending them to Ethereum all at once with a single proof of validity (zkSNARK). This allows for high scalability and low fees without compromising security. Unlike optimistic rollups, it operates on a "prove first, write later" principle, offering a near-instant finality experience; transactions are confirmed on Linea within seconds and become permanent on Ethereum shortly thereafter. In short, the core of Linea's "features" lies in ZK technology's excellent balance of speed and security. Kaynak: docs.linea.build Because the network is designed to be EVM-equivalent, smart contracts on Ethereum also run on the Linea network virtually without any changes. Developers don't have to rewrite existing Solidity code, and the user experience flows naturally with wallets like MetaMask. This compatibility is one of the most critical advantages accelerating adoption for Linea on Ethereum Layer 2.In the architecture, a sequencer collects transactions and organizes them into blocks, while a prover generates a single, small zk-proof from the execution traces of these blocks. When the proof is sent to Ethereum, the blocks become hard final. The bridge component securely manages asset and message transfers from Ethereum to Linea. The plan is to make these critical components and operations more decentralized over time.Linea's custom prover infrastructure focuses on rapidly generating zkSNARK proofs and is designed to scale to high transaction volumes. The goal is to both improve performance and strengthen resilience to future cryptographic threats. This ensures that technical capacity doesn't become congested as the Linea token and overall network economics grow.The technical vision isn't limited to a single L2: The Linea Stack allows other teams to build their own Layer-2s using Linea technology. This allows for an interoperable, mutually reinforcing Linea ecosystem and "network of rollups." This structure paves the way for future revenue to be based not only on the operations of a single network but also on the expansion of the infrastructure provider's role.On the security front, the codebase's progressive open-source approach, audits, and multi-client plans are prominent. The goal is to increase transparency, enable the community to identify potential vulnerabilities more quickly, and reduce dependency on a single client. In short: The short technical answer to the question of what Linea is is: it's a fast and low-cost second layer based on EVM-equivalent, zk-rollups, inheriting Ethereum security. This foundation also provides a clear answer to the question, "Will Linea coin/Linea token usage become congested if it increases?": The architecture is designed to increase performance as the scale grows. Frequently Asked Questions (FAQ)Below are some of the most frequently asked questions and answers about the new coin, Linea:What is Linea?: Linea is a Layer-2 network built on Ethereum. This ConsenSys-backed coin aims to maintain Ethereum's security while providing faster and cheaper transactions.Does Linea have a coin?: Yes, Linea has its own token. This token is used for transaction fees, staking, and various DeFi applications within the ecosystem.How does the Linea network work?: Linea uses zk-rollup technology to batch-transfer transactions to Ethereum. This increases scalability and reduces costs.Which exchanges is Linea listed on?: The Linea token is traded on most major cryptocurrency exchanges. Users can access it through spot, futures, and staking options.What does the future look like for Linea?: Thanks to its close integration with the Ethereum ecosystem, Linea is poised to host significant projects in the coming years. However, it's important to consider the risks before making an investment decision.
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11 Sep 2025
Critical US Inflation Data Released: Bitcoin and Altcoins Rise
The release of the US Consumer Price Index (CPI) data generated excitement in the crypto market. While the Fed is expected to cut interest rates by 50 basis points next week, Bitcoin (BTC) and leading altcoins saw significant gains.CPI data met expectationsThe US CPI came in at 2.9% year-over-year. This rate was fully in line with market expectations and exceeded the previous month's 2.7%. Monthly inflation increased by 0.4%, slightly above the expected 0.3%. The core CPI remained stable at 3.1% year-over-year, while the monthly data came in at 0.3%.The fact that the inflation data were generally in line with forecasts strengthened the possibility of a rate cut at the Fed's September meeting. Markets had been pricing in a 50 basis point cut for a long time. The released figures supported this expectation. Bitcoin nears $114,000Leading cryptocurrency Bitcoin reached $113,759 following the data release. While there was a limited pullback of 0.17% in the last 24 hours, it increased by over 3% on a weekly basis. Trading volume exceeding $51 billion demonstrates continued investor interest. Ethereum (ETH) rose to $4,402, registering a 1.22% daily and 1.13% weekly increase. Ethereum's market capitalization exceeds $538 billion, and expectations of strong institutional demand continue to support the price.Rapid movements in altcoinsXRP traded at $2.97, once again approaching the psychological $3 resistance level. With over 6% weekly gains, XRP attracted investor attention.Solana (SOL) reached $225, up 0.55% in the last 24 hours and 9.45% weekly. Solana's strong ecosystem data and growing developer interest are supporting its price performance.Dogecoin (DOGE) was one of the stars of the week. With a weekly gain exceeding 16%, DOGE rose to $0.24, solidifying its leadership in the memecoin market by surpassing $37 billion in market capitalization.TRON (TRX) also saw strong momentum, posting a daily gain of over 3% and reaching $0.34.Investors await the Fed's decisionAll eyes in the crypto market are now on the Fed's interest rate decision next week. A 50 basis point cut could increase capital inflows into risky assets. The recent recovery in Bitcoin and altcoins suggests this expectation is already factored in.If the Fed does not surprise the markets and lowers interest rates as expected, a new wave of upward movement in crypto assets is expected. However, the fact that inflation data exceeded expectations on a monthly basis also reminds us of the need for caution before any decision.
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11 Sep 2025
Avalanche's $1 Billion AVAX Target: Two Crypto Treasury Companies Coming to the US
The Avalanche Foundation is preparing to take a significant step in the crypto markets. According to the Financial Times (FT), the foundation plans to raise a total of $1 billion to establish two crypto treasury companies in the US. The initiative aims to both attract institutional investors and directly add liquidity to the AVAX ecosystem.Two separate deals, one major goalAccording to the FT, citing sources familiar with the matter, the Avalanche Foundation is currently in advanced discussions with investors. The planned structure consists of two deals: The first is a $500 million private investment in a Nasdaq-listed company. This investment is led by Hivemind Capital, with SkyBridge Capital founder Anthony Scaramucci advising on the process. The deal is expected to close by the end of September.The second deal will proceed through a special purpose acquisition company (SPAC) backed by Dragonfly Capital. The target is also $500 million and is expected to close in October. If both deals are completed, a massive $1 billion fund will emerge.To be used for AVAX acquisitionsThe primary use of the capital to be raised is noteworthy: two treasury companies will purchase millions of AVAX from the Avalanche Foundation at discounted prices. This will both provide a significant capital infusion into the Avalanche ecosystem and strengthen AVAX's market position.Recent price movements confirm this interest. AVAX gained over 10 percent in the last 24 hours, reaching $29. This increase demonstrates the market's confidence and expectations in the project.Companies' new strategy: The crypto treasury trendAvalanche's move is actually part of an increasingly popular trend in the crypto world. Especially during 2025, many publicly traded companies began restructuring with the "digital asset treasury" (DAT) model. In this model, companies hold significant amounts of crypto assets on their balance sheets, providing both diversification and offering investors a narrative that promises higher returns. For example, this week, Nasdaq-listed Asset Entities (ASST) agreed to merge with Vivek Ramaswamy's Strive Enterprises, with the approval of its shareholders. Following this merger, ASST will become a fully Bitcoin-focused treasury firm. The Avalanche Foundation's plan similarly aims to integrate AVAX into institutional treasuries. Tokenization Experiments and Major PlayersMeanwhile, the Avalanche network is already being used by major fund managers such as BlackRock, Apollo, and Wellington Asset Management. These institutions are testing fund tokenization on the Avalanche infrastructure. Therefore, new treasury firms will not only create buying pressure for AVAX but also pave the way for Avalanche's wider acceptance in the corporate finance world.
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11 Sep 2025
LINEA is Now on the Market: How Was the First Trading Day?
Ethereum's Layer-2 network, Linea, has finally completed its token generation event (TGE) after over two years of its mainnet launch. However, the LINEA token, which launched with high expectations, has been experiencing volatility in its early days.The Initial Price and Drop with the TGEFollowing the TGE, which took place on the night of September 11th (Turkish time), LINEA opened with a market capitalization of approximately $550 million. However, due to selling pressure from airdrop recipients, LINEA's price plummeted. Its market capitalization fell to $382 million, and its fully diluted valuation (FV) fell to $1.7 billion.This situation is familiar to crypto investors. Popular Layer-2 tokens like ARB and OP, which launched in 2024, similarly opened higher and lost 80% of their value. Other Layer-2 projects like ZkSync and Blast also experienced significant declines after the TGE. Technical glitches and airdrop difficulties occurredAnother development that cast a shadow over Linea's TGE was a 46-minute block production outage at midnight. Many users reported difficulties claiming airdrop rights. Linea product manager Declan Fox explained that this outage was caused by a large volume of transaction packets, overloading the network's sequencer.Massive airdrop and distribution detailsAccording to the data, a total of 9.36 billion LINEA tokens were distributed to more than 749,000 addresses. The most striking detail was that a single address received 137 million tokens. In addition, 208 addresses acquired over 1 million LINEA tokens. The initial circulating supply was approximately 22%, or 15.8 billion tokens. The total supply was set at 72 billion, 85% of which was allocated to the ecosystem fund. The token's intended use is not directly for gas payments; it will be used for ecosystem incentives, rewards for those providing liquidity to DeFi protocols, community activities, and developer contributions. Linea also stands out with its two-way burn mechanism: 20% of Ethereum revenues will be burned directly, while the remaining 80% will be repurchased and burned.Listing Process and Trading Volume on ExchangesWith the token's listing, major exchanges such as Binance and OKX saw strong interest. On Binance, LINEA's opening price reached $0.04353, but quickly fell to $0.033. On OKX, it reached $0.055 before settling at $0.045. These fluctuations suggest that the price quickly became volatile due to selling pressure from early investors.Meanwhile, Bitget opened trading for LINEA perpetual contracts with 1 to 50x leverage. Binance and Hyperliquid also converted their pre-market trades to standard perpetual contracts.In parallel with the market opening, Linea launched new campaigns to incentivize liquidity providers and users. According to recent announcements, an additional 12 million LINEA rewards have been added to the liquidity incentive program this week. OKX Wallet also announced a trading competition with a total of 18 million LINEA rewards.Lubin's long-term tipJoseph Lubin, founder of Consensys and co-founder of Ethereum, who supports Linea, stated on social media that LINEA holders could earn additional token rewards in the future. Lubin said that MetaMask and Linea are working to develop these mechanisms.
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11 Sep 2025
SEC Postpones Decision on Ethereum and 2 Altcoin ETFs Again
The U.S. Securities and Exchange Commission (SEC) has once again extended the decision process for new ETF applications, which the crypto market has been eagerly awaiting. The regulator announced that it needed additional time to review applications for staking-enabled ETFs, particularly those planned for Ethereum. Applications from major financial institutions such as BlackRock, Fidelity, and Franklin Templeton were affected by the decision. The XRP and Solana ETFs were also put on hold.Staking Uncertainty in Ethereum ETFsIn documents published by the SEC on Wednesday, it was stated that its review of several Ethereum ETF applications, including BlackRock's iShares Ethereum Trust, is ongoing. The key difference of these ETFs is that they will offer investors the opportunity to generate additional income through staking. As you may recall, an opinion letter published by the SEC in May stated that certain blockchain staking activities do not fall within the scope of securities. This statement created expectations in the markets that staking could be approved for ETFs. However, the SEC recently postponed Grayscale's request to add staking to its Ethereum ETF. Recent decisions indicate that the regulator has still not taken a clear stance on this issue.XRP and Solana ETFs also on holdFranklin Templeton's proposed XRP and Solana-focused spot ETFs suffered the same fate. The company submitted its application in March, but the SEC extended the process for these products as well. This has once again delayed the launch of products that would provide institutional investors with access to assets other than Bitcoin and Ethereum in the crypto market.Still, market participants are hopeful. Bitwise CIO Matt Hougan stated that they expect a strong performance for Solana, particularly towards the end of the year, and that ETF approvals could accelerate this process. In addition to Franklin Templeton, institutions such as Grayscale, VanEck, Fidelity, Invesco/Galaxy, and Canary Capital have also submitted applications for the Solana ETF. More than 90 ETF applications are on the tableAccording to data compiled by Bloomberg Intelligence analyst James Seyffart, more than 90 crypto ETF applications are currently before the SEC. McKayResearch founder James McKay stated in a post on the social media platform X, "At this rate, we will see an ETF application for each of the top 30-40 cryptocurrencies within 12 months." The increase in ETF applications demonstrates the continued appetite of traditional financial institutions for cryptocurrencies. Staking, in particular, is attracting significant interest because it offers investors an additional source of income. However, the SEC's delaying policy continues to create uncertainty in the markets in the short term.The SEC's decision to delay the application once again demonstrates the challenging nature of the crypto ETF process. Staking on Ethereum could make investment products more attractive than ordinary funds. However, this very innovative feature is causing the regulator to take its decisions slowly.
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11 Sep 2025
The Highly Anticipated LINEA Launches Today: Here Are the Project Details and Listing Timetable
Linea, a Layer-2 network aiming to strengthen the Ethereum ecosystem, will launch its long-awaited token generation event (TGE) on September 10th. With this event, billions of LINEA tokens will be distributed, officially marking the start of one of the most anticipated developments in the altcoin market.What is LINEA?Linea is a Layer-2 network that aims to address Ethereum's scalability challenges while maintaining its security and decentralization. Developed by Consensys, the network offers full integration with the Ethereum Virtual Machine (EVM) through zkEVM compatibility. This allows developers to run their existing smart contracts and tools on Linea with virtually no modifications. Project supporters describe Linea as "the closest Layer-2 to Ethereum." Because transaction fees are paid in ETH on the network, the LINEA token does not serve as a gas fee. Instead, the token is used to incentivize and support ecosystem growth. Additionally, a portion of the ETH generated from transaction fees is planned to be used to balance the supply of LINEA through a buyback and burn mechanism.The airdrop and token distribution have become a hot topicOnly a small portion of the total supply of 72 billion LINEA tokens will enter circulation. As part of the airdrop, 9.3 billion LINEA will be distributed to early adopters and addresses that contribute to the ecosystem.The distribution is divided into three main categories:10% Early adopters: Users who accumulate enough points in the Linea Voyage and Surge campaigns will receive their rewards. Approximately 750,000 wallets are eligible for this distribution.75% Ecosystem participants: The collective body called the Linea Consortium will distribute this substantial share to developers, liquidity providers, and those involved in ecosystem construction.15% Consensys treasury: This share, allocated to Consensys, the network developer, will be locked for five years.Airdrop beneficiaries will have 90 days, starting September 10th, to claim their tokens. Tokens not claimed by the end of the period will be transferred to the ecosystem fund. Important note: The snapshot process has been completed on Binance, but distribution has not yet been made. LINEA tokens will be credited to accounts at least one hour before the spot listing begins.LINEA Listed on ExchangesLINEA will only be available for deposits/withdrawals on its own network. Many major exchanges, including Binance, OKX, Bybit, MEXC, and Upbit, are preparing listings for the token as of September 10th. This will allow users to quickly process the LINEA they received from the airdrop.Binance: LINEA deposits will open on September 9th at 14:00 UTC (17:00 Turkey time). Spot listings will begin on September 10th at 16:00 UTC (19:00 Turkey time).OKX, Bybit, and MEXC: Listings will open on the same day as USDT pairs.Upbit: Will be trading with KRW, BTC and USDT pairs.
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10 Sep 2025
PayPal Partnership Offer Received for Hyperliquid's USDH Stablecoin
Crypto infrastructure company Paxos has submitted an updated proposal for Hyperliquid's planned USDH stablecoin launch. The new plan isn't limited to technical details; a partnership with PayPal has also attracted attention.PayPal partnership proposal for USDH has been submittedPaxos's plan, dubbed the "V2 proposal," aims to expand USDH globally. A critical step in this process will be integration with PayPal. If accepted, USDH will be listed on PayPal's payment channels and Venmo. This will allow users to buy and sell the stablecoin directly through PayPal and use it for their daily payments.PayPal also plans to list Hyperliquid's native token, HYPE, on their platform. To support this integration, PayPal has also committed to allocating $20 million in incentives to the ecosystem.Paxos' proposal isn't limited to integrations alone. The company proposes to reinvest all USDH revenues into Hyperliquid's Assistance Fund (AF), which will grow until the stablecoin's total locked value (TVL) reaches $1 billion.In addition, it is stated that Paxos' revenue share will be limited to 5% even if TVL exceeds $5 billion. Paxos emphasized the proposal's long-term partnership model, stating, "Thanks to this framework, Paxos will only win when Hyperliquid wins."GENIUS Act ReminderPaxos also emphasized legal compliance in its proposal. The company emphasized that it is the only company compliant with the GENIUS Act, adopted in the US, and the only company legally authorized to issue tokens in Europe. It also announced that PayPal's existing stablecoin, PYUSD, will be added as a reserve asset to ensure stability.The updated plan highlights Hyperliquid's targeting not only individual investors but also institutional players. Paxos aims to integrate "builder code" into Hyperliquid by working with fintech companies and brokerage firms.The company also plans to strengthen its DeFi integration on HyperEVM, develop a USDH-based "Earn" product, and integrate it into consumer applications. Paxos added that it will leverage its existing infrastructure, where it works with giants such as Stripe, Mastercard, Robinhood, Nubank, Mercado Libre, and Interactive Brokers, to implement this plan.Competition is heating up: Numerous bids for USDHWhile Paxos's bid is strong, the race to become Hyperliquid's USDH issuer is fierce. Frax Finance submitted a similar bid with BlackRock-backed frxUSD. A consortium of Agora, Rain, and LayerZero also attracted attention with its emphasis on 100% net revenue sharing and neutrality. Ethena Labs and Sky have also submitted their own bids.Hyperliquid's search for an issuer, which began on September 6, has a deadline of September 10. Validator voting to select the winner will begin on September 14th, and the Hyperliquid Foundation will remain neutral during this process.At the time of writing, Hyperliquid's own coin, HYPE, is trading at an all-time high of $55.20.
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10 Sep 2025
Grayscale Files New Application with SEC for Three Altcoins
Grayscale, one of the world's largest crypto fund management companies, continues its spot crypto ETF push without slowing down. This time, the company has filed with the U.S. Securities and Exchange Commission (SEC) for Bitcoin Cash (BCH), Hedera (HBAR), and Litecoin (LTC).New ETF filings on the SEC's deskGrayscale's filings include S-1, S-3, and related regulatory forms. The company aims to convert its existing closed-end funds (trusts) into exchange-traded funds (ETFs). This conversion process is identical to the process Grayscale used to convert its Bitcoin and Ethereum funds into ETFs in 2024.The filings indicate that the new ETFs are planned to be listed on the NYSE Arca or Nasdaq. For example, the S-3 filing for Litecoin included the following statements:“This prospectus has been prepared assuming the SEC has approved Form 19b-4 or similar listing standards.”In other words, the company has prepared the documents assuming a positive outcome to the process. Altcoin ETF race heats upGrayscale's move once again demonstrates that it does not intend to limit itself to Bitcoin and Ethereum. ETF applications for numerous altcoins, from Dogecoin to XRP, are currently on the agenda. Indeed, on the same day, the SEC announced that it had postponed its decision on Grayscale's spot Hedera ETF and Bitwise's Dogecoin ETF application.This development indicates that altcoin ETF competition in the crypto market will intensify. Considering the SEC's busy schedule, the crypto community is in for a busy time in the coming months. Current Status of FundsAccording to data included in the filings, Grayscale's Bitcoin Cash trust had a net asset value of $202 million as of June 30th. The value per share is $4.31. While closed-end funds typically trade at a premium or discount to their net asset value, ETFs can keep the price close to their net asset value by buying and selling assets based on investor demand.Therefore, the ETF structure stands out as a more transparent and attractive investment vehicle for both institutional and individual investors.To date, the SEC has only approved Bitcoin and Ethereum spot ETFs. Grayscale's lawsuit against the institution, which it won, played a significant role in these approvals. After the court case, the SEC was forced to approve the Bitcoin and Ethereum ETFs.Spot Bitcoin ETFs, which began trading in 2024, quickly reached a trading volume exceeding $1.2 trillion. This demonstrates the strong market appetite for crypto ETFs. Grayscale's new applications for Bitcoin Cash, Hedera, and Litecoin indicate that altcoin ETFs are on the horizon. While the SEC's stance remains to be seen, market anticipation is growing. If these products are approved, it could usher in a new era in the crypto market, with institutional capital flocking to altcoins.
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10 Sep 2025
TAO Commentary and Price Analysis - September 10, 2025
TAO/USDT Technical Analysis Falling Wedge Structure with Wide Trend According to the TAO chart on a daily time frame, there seems to be a clear falling wedge formation which is taking shape properly though the trend lines are spread across a wider range. We presume that TAO could go up toward the upper border of the formation, bouncing from the wedge’s lower border.The range between the levels $292–$303 stands as a strong resistance. This area also overlaps with the lower band of the wedge; therefore, it is highly probable that TAO will reverse from here. On the other hand, daily price closings below $263 will possibly signal a bearish breakdown of the formation.According to a bullish scenario, TAO will see the first resistance at the level $333. Above this resistance, we have other key decision areas at $366–$379. If the price manages to reach this key decision zone, we can consider that the price has touched the upper trend line above. If we see a breakout above the level at $400, this move could speed up the bullish momentum.According to this scenario, the other target levels to follow are $421 → $461 → $500 → $580.Key levels to follow:Support levels: $303 → $292 → $263 (breakdown risk)Resistance levels: $333 → $366–$379 → $400 → $421 → $461 → $500 → $580These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during the transactions.
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10 Sep 2025
LDO Comment and Price Analysis - September 10, 2025
LDO/USDT Technical AnalysisWhen we analyze the LDO chart on a daily time frame, we can see a descending channel pattern is still active. LDO has recently attempted to test the upper band of the channel yet it failed to break out, thus leading to a pullback confirming that the channel structure is working properly. Falling Channel Structure LDO is currently trading around the level $1.21 and we should be following the support and resistance levels closely as long as the channel pattern works properly. We have the first support zone between the levels $1.13–$1.07 which can be considered a critical defense line as it intersects with the horizontal support and the middle band of the channel. Below this area stand other support levels $0.91 and $0.79.According to a bullish scenario, the price is likely to test the upper band of the channel – $1.31. The price needs to break above $1.53 and $1.61 for the confirmation of actual breakout. In the event that this breakout occurs, then the price can surge to the level at $1.90. The ultimate target of this breakout will be the level at $4.0.In brief, LDO is still under pressure from its descending channel and support levels should be followed closely in the short term. Daily price closings above the level $1.53 would signal a trend shift and will pave the way for stronger bullish momentum upward.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
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10 Sep 2025
ARB Comment and Price Analysis - September 10, 2025
ARB Technical OutlookAnalyzing ARB on a weekly time frame, we see that there is a quite wide falling wedge formation. The beginning of this wedge formation is too far to be seen even on a daily time frame, which suggests that the formation is a long-term pattern.ARB is currently trading around the level $0.4950. The price of the coin has tried to climb above $0.4515 but it failed to hold there, leading to a pullback to the horizontal support levels. This zone is critical in terms of direction decision.The area between the levels $0.4515 and $0.5046 works as a short-term resistance. A daily breakout above the level $0.5046, in particular, would confirm the breakout of the falling wedge formation. In such case, the technical target of the formation, $2.4250, can be mentioned in the middle to long term.According to a bearish scenario, we should be following the levels at $0.3558, $0.3453 and the lower band of the formation $0.2849. The Falling Wedge in the Weekly Chart Summary:Formation: Long-term falling wedgeUpward breakout target: $2.4250Short-term resistance levels: $0.4515 → $0.5046 → $0.5475Support levels: $0.3558 → $0.3453 → $0.2849These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during the transactions.
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9 Sep 2025
ALT Comment and Price Analysis - September 9, 2025
ALT/USDT Technical Analysis Narrowing Triangle Structure Analyzing the ALT daily chart, we see that there is a narrowing triangle pattern standing. The price of the coin has approached the support zone between the levels $0.0311–$0.0299, which is considered very critical in the short term. The upper band of the triangle formation intersects with the resistance level $0.0345 and the horizontal resistance at $0.0383–$0.0398, which is the upper trendline of the formation.If we see a closing below the level $0.0299, then the formation becomes invalid and the price may pull back to the level $0.0266. However, the price is likely to attempt to go upward if the current pattern is maintained. The levels $0.0447 and then $0.0539 will become technical targets if the price manages to hold above the zone $0.0383–$0.0398 in particular.Below are the levels to follow:Support levels: $0.0311 → $0.0299 → $0.0266Resistance levels: $0.0345 → $0.0383–$0.0398 → $0.0447 → $0.0539Triangle formation keeps contracting, which signals that a breakout is on the way.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during the transactions.
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9 Sep 2025
TIA Comment and Price Analysis - September 9, 2025
TIA/USDT Technical AnalysisAnalyzing TIA on a daily time frame, we see that downtrend pressure still persists. The price has recently bounced a little with the help of the support from the level at $1.60, yet it still remains within the downtrend. TIA is currently trading around the level $1.61.We have the critical resistance zone between the levels $1.81–$1.88 in the short term. Unfortunately, each attempt to break above this resistance zone has faced selling pressure so far. $2.11, in particular, will be the key level to determine the direction of the trend in the middle term. In the event that the price manages to hold above this key level, the possible targets could go as far as $2.36 → $2.45 → $2.78 → $3.40.According to a bearish scenario, the price could test the first support level $1.60. Below it, other possible support levels to follow are $1.43 and $1.31, which is the most critical level, as losing it could break the medium-term structure.To summarize, we can say that a break and hold above $2.11 would signal a stronger uptrend, while losing $1.31 could increase downside risk. Falling Trend Structure Levels to followResistance levels: $1.81–$1.88 → $2.11 → $2.36 → $2.45 → $2.78 → $3.40Support levels: $1.60 → $1.43 → $1.31These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during the transactions.
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9 Sep 2025