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You are here: Home / Archives for Yahya

Yahya

TRON Breaks Records with $694B USDT Transfers: What’s Driving Its Crypto Dominance?

June 13, 2025 by Yahya

  • TRON sets new USDT transfer record with $694.54B in May, leading stablecoin adoption in the crypto world.
  • Whale transactions over $1M make up 59% of May’s volume, highlighting TRON’s appeal to large investors.
  • TRC-20 USDT surpasses $75.7B, leading stablecoin holdings across blockchains, ahead of Ethereum’s ERC-20 USDT.

TRON has reached an impressive milestone, breaking a huge record within the stablecoin market. The highest amount of USDT transfers ever recorded on the blockchain network was in May, at $694.54 billion. An analyst at CryptoQuant highlighted that this is a new record that indicates the rising dominance of TRON in the crypto world. With the USDT and other stablecoins remaining a significant force in pushing the adoption of cryptocurrencies, the success of TRON can be highlighted as one of the biggest factors influencing this phenomenon.

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Source: X

The high-value transactions contributed a large part of the volume. Almost 59% of all the transfers that occurred in May were above $1 million. That is equivalent to roughly $411.2 billion in whale transactions alone. These whale transfers are an indicator that large investors are still flooding into TRON, making it one of the preferred platforms when it comes to high-value transactions.

TRON Dominates Stablecoin Market

Currently, TRON has more than $75.7 billion of USDT (TRC-20), which exceeds the amounts held by other blockchain networks. ERC-20 USDT on Ethereum is $71.4 billion. The market share of TRON in stablecoins makes it a leader in crypto infrastructure and adoption.

In the first half of 2025, 17 million USDT on the platform exceeded the mark of $1 billion. This rate is considerable and indicates the tendency towards further inflow of liquidity into the platform. TRON is poised to strengthen its position as the leader in the stablecoin market even further, with additional mints likely to occur over the year.

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Expanding Market Presence

Moreover, the transaction volume of the platform has soared. More than 10.5 billion transactions have been carried out on the network to date, a sure sign of increased usage and adoption. The network has been able to support a growing demand as more users rely on TRON to transfer stablecoins. This increase in on-chain activity shows the capability of the platform to scale and its high performance during such times.

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As it continues to expand and dominate, the platform is establishing itself as a key player in the dynamic cryptocurrency ecosystem. With the growing involvement of stablecoins, such as USDT, in the overall cryptocurrency environment, the history-making success of the platform indicates that the project has a bright future. The network will grow faster, and larger transfers and mints will lead to further adoption.

Related Reading: Circle’s USDC Now Live on XRPL: Instant Stablecoin Access Without Bridging

Filed Under: News, Tron News Tagged With: Crypto, Crypto Adoption, Crypto news, Cryptocurrency, stablecoin, tron, USDT

Bitcoin’s Cycle Top: Will 2025 or 2026 Mark the Peak?

June 13, 2025 by Yahya

  • Bitcoin faces crucial support at $104,180 and $102,435; failure to hold may signal more downside.
  • A breakout above $100K could trigger a rally, with targets at $109,787, $113,071, and $115,966.
  • Potential Bitcoin cycle top may occur in September 2025 or March 2026, based on the 200-week SMA.

Bitcoin is in the process of going through a crucial stage in a falling wedge formation. The crypto has recently been rejected at the upper trendline and is currently approaching a major retracement area. Analyst Rose Premium Signals highlighted that traders must monitor Fibonacci support at $104,180 and $102,435 as these are possible areas where Bitcoin might stabilize. A failure to retain these levels could indicate more downside.

Bitcoin still has a solid support level at the 100,000 dollar mark. A breakout of this level would mean a potent rally in BTC in the future. Traders are eying possible breakout levels of $109,787, $113,071, and $115,966. A confirmed breakout above the wedge formation may result in a significant bullish rally. However, it will take a high trading volume to confirm such a move and ensure the continuation of the rally higher.

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Source: X

Analyst Egrag Crypto has recently revealed a new perspective on Bitcoin’s market cycles, drawing on the analysis of Benjamin Cowen from IntoCryptoverse. According to the theory presented by Cowen, there is a relation between the past all-time highs (ATH) of Bitcoin and the 200-week simple moving average (SMA). The peaks of the cycles have been very close to the crossing of these two metrics in the previous cycles, creating a pattern that allows predicting the price behavior of Bitcoins.

Bitcoin Cycle Patterns

In Cycle A, the highest point of the cycle was the all-time high of Bitcoin, reaching the 200-week SMA. The same trend was witnessed in Cycle B, which validates the validity of this theory. Cycle C was a little bit different, though, because the cycle top was late by approximately 42 days. It is a deviation that highlights the uncertainty of the market cycles of Bitcoin, which are prone to volatility and externalities.

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Source: X

Analyst identifies two possible dates when BTC can form the next significant cycle top in September of 2025 and March of 2026. These estimates are made using the action of the 200-week Simple Moving Average (SMA) and its relation to the past peak points of the token. These dates are speculative and only time will tell whether they will be true.

The levels to watch immediately are support at $104,180 and $102,435 for BTC traders. These Fibonacci levels will define whether BTC can consolidate within the same price range or a breakout is imminent. The market remains indecisive, and the next few weeks will play an important role in dictating the next major direction of BTC.

Related Reading: Is Solana Set to Surge? ETF Hype and $200 Resistance Point to Major Moves

Filed Under: News, Bitcoin News Tagged With: Bitcoin (BTC), BTC Price Analysis, BTC Price Forecast, Crypto, Crypto news, Cryptocurrency

Stripe Just Acquired Privy: Is This the Future of Digital Payments?

June 13, 2025 by Yahya

  • Stripe acquires Privy to expand crypto wallet infrastructure and strengthen Web3 payment tools.
  • Privy enables secure, scalable digital asset transactions for millions across the blockchain ecosystem.
  • A full-stack crypto payment system emerges after Stripe’s Privy and Bridge acquisitions.

Stripe has taken a significant step into the Web3 and digital asset world by acquiring Privy, a major provider of crypto wallet infrastructure. According to the analytical platform Santiment, social media activity surrounding this news has increased significantly, highlighting its growing relevance in the crypto community. The acquisition is part of Stripe’s cryptocurrency strategy to build out wallet infrastructure in conjunction with its payment and compliance products.

Privy is the crucial component of the blockchain ecosystem, which scales to millions of user accounts and ensures the safe and smooth transactions of digital assets. Through the acquisition, Stripe gets access to a widely developed wallet infrastructure that will supplement its aim of providing more powerful crypto payment services. Stripe is looking to help developers and businesses offer their users a frictionless way to enter Web3 environments by integrating compliance tools with easy-to-use wallet services.

The acquisition is one after Stripe previously acquired Bridge, a stablecoin infrastructure company. Collectively, these acquisitions demonstrate that Stripe is doubling down on providing a full-stack crypto payment stack that will match the expectations of modern financial technology. The company is establishing itself as a key player in the next chapter of digital commerce, in which stablecoins and crypto wallets will have a larger role.

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Source: X

Stripe Tracks Ethereum Momentum

Meanwhile, general discourses concerning Ethereum continue to dominate various platforms. Reddit users are discussing the staking model and ecosystem improvements in Ethereum, as well as its growing use in DeFi and NFTs. The hype around new token projects in Telegram groups, including the Ethereum-based $BABYZEUS, is driving excitement around Ethereum-related projects. The attention of analysts and traders has been drawn to the price action of Ethereum, the use of derivatives, and the rising institutional investment in ETH as a digital asset.

The recent U.S. Consumer Price Index (CPI) data is also gaining momentum as it has an impact on both conventional and crypto markets. As inflation came in at 2.4 percent, a little bit lower than expected, financial analysts are considering the future decisions of the Federal Reserve. The decreasing inflation rates have revived the crypto asset interest as inflation-hedged assets, particularly Bitcoin and Nano.

Nano still draws attention through its fee-less and instant transactions and environmentally sustainable blockchain. But they are not widely used yet because there are technical barriers and no marketing. Nevertheless, future adoption and visibility could be boosted by the creation of tools such as NanoGPT.

Related Reading: PayPal Upgrades PYUSD with Stellar for Global Payment Expansion

Filed Under: News Tagged With: Crypto, Crypto Adoption, Crypto news, Cryptocurrency, Ethereum (ETH), NanoGPT, Privy, stripe, Web3 Payments

Crypto Momentum Builds: 23% of Altcoins Now Outperforming Bitcoin

June 13, 2025 by Yahya

  • Crypto market gains momentum as 23% of altcoins outperform Bitcoin, signaling a shift ahead of June 2025.
  • June has triggered altcoin rallies annually since 2022, and similar trends suggest 2025 could follow suit.
  • Rising on-chain activity and shifting funding patterns point to a possible breakout in altcoins this cycle.

The crypto market is once again gaining traction as there are indications of a possible altcoin season in June of 2025. Following several months of weak performances and declining momentum, a breakout could be due in many altcoins. Analyst Alphractal highlighted the significance of past patterns and market signals which are pointing to the possibility of something big happening in crypto.

The analysis of Alphractal focuses on the Altcoin Season Index, which is an instrument keeping record of how many altcoins perform better than Bitcoin in a three-month timeframe. There are two market configurations that often lead to altcoin rallies, one during periods where Bitcoin is weak following a sustained rally, and the other during periods where the price of Bitcoin is declining. The two circumstances enable altcoins to accrue some gains, changing the dominance in the crypto sphere.

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Source: X

Altcoins Gain Momentum

Bitcoin is showing some signs of easing off currently. The altcoin season index has left the green Bitcoin season area, which is traditionally a strong relative performance area of Bitcoin. Statistics currently indicate that number has risen to 23% of altcoins that are outperforming Bitcoin. It is not a fully fledged altcoin season yet, but this trend is a sign of strengthening of other sectors of the crypto market.

The month of June seems to be of particular importance. Each year since 2022, an altcoin rally has started in June. Now that this month has started, analysts and traders will be observing whether the same case will happen in 2025. Alphractal thinks that this repeating trend may provide a useful advantage to investors in the present crypto environment.

In addition to price charts, on-chain signals also favor the outlook. Addresses are getting active, altcoins are strengthening against Bitcoin trading pairs, and decentralized exchange volumes are growing. This kind of shift indicates an increased level of interest within the crypto space, and not merely a short-term hype.

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Source: X

Crypto Funding Trends Shift

Funding activity introduces a dimension in the analysis. Web3 startups brought in $ 3.8 billion in the first quarter of 2025, the largest sum since 2022. But the second-quarter fell to the lowest since 2019. This drop resembles the investment cycle leading up to the 2021 altcoin boom, and it may indicate that there is indeed a relationship between the flow of money and crypto momentum.

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Source: X

Despite this uncertainty prevailing in the market there are signs of a possible turn based on the readings of some indicators. The capital movement, on-chain activity, and historical trends are converging. Provided these trends are maintained, June may be the start of a long-anticipated altcoin season. Crypto investors and traders might prefer to remain vigilant.

Related Reading: Stripe Acquires Privy to Power Seamless Crypto Wallet Integration for Developers

Filed Under: News, Altcoin News Tagged With: Altcoin Market Momentum, Altcoins News, Bitcoin (BTC), Crypto, Crypto Market 2025, Crypto Market Trends, Crypto news, Cryptocurrency

Solana’s Slowdown: Is This Cooling Period the Calm Before a Big Storm?

June 12, 2025 by Yahya

  • Solana’s trading volume decrease hints at a cooling phase, raising questions about a potential market surge.
  • The market slowdown could be part of a natural cycle, possibly setting up for a bigger movement.
  • The potential approval of Solana’s Spot ETF may trigger a significant price surge in the near future.

Solana On-chain Indicators Indicate a Cooling Period, and it has generated curiosity in the Cryptocurrency Market. An analyst at CryptoQuant highlighted some insights regarding this trend and stated that there has been a visible decrease in trading volume on both the Solana spot and futures markets. This decline in volumes has led to speculation as to whether this is just a downturn prior to a possible market explosion.

The analyst notes that the cooling down can be observed in bubble charts that track the volume of trading on the exchanges. The spot volume chart, identified with a green color, is showing a reduction in the trading activity, whereas the futures volume map, presented in gray color, is showing a neutral stance with minor change. These indicators suggest a cooling market, but the analyst proposes that it may not be a cause for concern.

The reduced trading volumes have been viewed as an indication of the slowing momentum, although the experts opine that it may be a normal market cycle. The analyst describes that during times of low activity, it may be the accumulation of a bigger movement. 

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Source: X

Solana Spot ETF Approval

The possibility of a Solana Spot ETF approval is one of the reasons behind the growing optimism. Analysts at Bloomberg James Seyffart recently suggested this approval is within sight. In that case, the acceptance may result in a spike in trading volumes of Solana, boosting its price and market activity. This possible catalyst is one of the reasons why there is such a bullish sentiment in Solana, despite the cooling trend.

However, even with this decrease in trading volume, Solana is still of interest to investors. Analysts think that this slowdown in activity may be the calm before the storm. The prospective ETF authorization is likely to become a catalyst for major market shifts, as new opportunities to invest will appear.

The price of SOL may be the start of bigger price actions. Investors and traders are advised to closely monitor any news regarding the Solana Spot ETF, as it may become the beginning of the next significant movement in the market.

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Source: X

Although the conditions of the market within Solana point to the cooling-down period, it may also be a sign of a significantly larger shift that is yet to happen. With the Spot ETF approval becoming more likely, Solana might be setting up for a major breakout. The following few weeks would decide whether this cooling-off period would just be the calm before the storm.

Related Reading: Nasdaq Files First 21Shares SUI ETF, SEC Review Process Begins

Filed Under: News, Altcoin News Tagged With: Crypto, Crypto news, Cryptocurrency, Solana (SOL), Solana ETFs, Solana Storm

WIF Shows Strong Recovery – Will the Next Target Hit $4.043?

June 11, 2025 by Yahya

  • WIF surged by 15.3% this week, with traders eyeing key price targets of $1.646, $2.853, and $4.043.
  • A breakout above $1.646 could lead to rapid gains, signalling a real recovery for WIF’s price.
  • Monitoring trading volume is crucial to confirm the breakout’s strength and sustained rally potential.

WIF bounced back from its bottom point and currently appears to be moving higher inside the descending channel. Analyst Rose Premium Signals highlighted that the cryptocurrency increased by 15.3% in the past week. The strong growth in the stock market has made traders feel positive, as they expect a breakout that could result in a huge rally. While WIF is moving ahead, investors are keeping an eye on the market and setting specific price targets for near-term results.

The strategy mainly targets WIF’s potential to emerge from its current form. If the cryptocurrency manages to break out of the descending channel, it may result in a rapid price increase. This change would be significant and create a good opportunity for impressive progress. The first price target for WIF is $1.646, then $2.853, and the highest target possible is $4.043. The focus on these targets has made traders wonder if the trend will keep going and result in a breakout.

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Source: X

WIF Shows Signs of Recovery

The $1.646 level stands out as a major point of attention. If WIF is able to trade above the current price, it could lead to rapid gains in the future. This suggests that buyers are in control and are prompting additional purchases. A price above $1 would demonstrate that the bounce has turned into a real recovery. A solid uptick in trading activity could make this breakout stronger and push WIF up to its next price targets.

If the volume increases, it supports the idea that the price is breaking out. Market participants should observe the trading volume to confirm that buying demand is present while the market is moving upward. Higher trading volume can confirm that the rally will probably last longer. Yet, if the trading volume doesn’t support the breakout, there is a possibility that WIF will fall back into its old downtrend.

At the time of writing, WIF is valued at $1.00, and its 24-hour trading volume comes to $759.7 million. The price has gone up by 8.74% in the last 24 hours and 0.94% over the previous 7 days.

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With this solid momentum and crucial technical signs, cryptocurrency is getting closer to a major breakout. It is important for traders to monitor $1.646 as a resistance point and wait for volume signs as the cryptocurrency attempts to move up. If the market appears favourable, cryptocurrency might experience a strong rise in the coming weeks.

Related Reading: XRP Ledger Powers Revolutionary $280M Digital Commercial Paper Launches

Filed Under: News Tagged With: Crypto, Crypto news, Cryptocurrency, Dogwifhat (WIF), WIF Price Analysis, WIF Price Prediction

Bitcoin Price on the Rise: Will It Break $175K and Start a Super Cycle?

June 11, 2025 by Yahya

  • Bitcoin could surge by 60% to hit $175,000 if it breaks key resistance, though a short-term rise is unlikely.
  • ETF inflows indicate increasing institutional interest, potentially fueling Bitcoin’s continued upward momentum.
  • A brief correction might occur if inflows slow, as large inflows with stagnant prices often signal a market top.

Bitcoin’s price might soon experience a significant increase. Analyst Egrag Crypto highlighted that there is a strong possibility for BTC to increase by up to 60% and hit a price of $175,000. He explained that if Bitcoin rises above a strong resistance point, the blue arc, it could be the start of a Super Cycle. Still, he noted that this shift is not expected to happen in the near future.

The analyst is optimistic about Bitcoin in the long run but remains doubtful about its near-term progress. He says that seeing Bitcoin close over $ 175,000 with validation would mark a major shift, though he thinks that might not occur in the near future. This shows that the cryptocurrency market is driven by both hope and doubt.

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Source: X

Bitcoin ETF Inflows Surge

Analyst Daan Crypto Trades revealed the trending patterns in the markets. He mentioned that, though the spot premium for Bitcoin has dropped, it is still healthier than it was last month. Moreover, ETF investment is picking up again, which could encourage a further increase in prices. When ETF money starts flowing back in, it is considered a sign that institutions are showing more interest in Bitcoin, pointing towards the market keeping its upward trend.

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Source: X

Bitcoin’s price movement is largely affected by ongoing contributions to ETFs. As long as both inflows and prices are on the rise, the market may keep gaining momentum. Still, analysts are pointing out that a brief and temporary drop might occur if inflows decrease, as substantial inflows with prices remaining steady tend to signal a market top.

It was noted a few weeks earlier that strong ETF flows and little movement in prices tend to mark a local peak, and this was seen when BTC corrected slightly after surging. Nevertheless, the market continues to hope for the best, provided that the inflows continue and the BTC price remains stable or increases.

As of press time, BTC is currently valued at $109,869 and has recorded a 24-hour trading volume of $34.04 billion. There has been a 0.08% rise in the past 24 hours and a 4.27% increase over the past week.

BTC price could increase and reach $175,000 in the future. Analysts disagree on the direction for BTC, but only the market’s behaviour moving forward will show if it can conquer key resistance and start a historic Super Cycle.

Related Reading: Bitcoin Breaks $100K as Strategy Buys Another 1,045 BTC

Filed Under: News, Bitcoin News Tagged With: Bitcoin (BTC), BTC Price Analysis, BTC Price Forecast, Crypto, Crypto news, Cryptocurrency

SEC Set to Decide on Solana ETF: Will It Open the Door for Institutional Investment?

June 11, 2025 by Yahya

  • Solana ETF approval could come by July, with a final decision expected by October, pending SEC review of updated filings.
  • Issuers are required to submit revised filings, addressing in-kind redemptions and staking integration.
  • Firms like Grayscale, VanEck, and Fidelity are preparing Solana ETFs, signaling increased institutional interest in digital assets.

Solana is moving closer to gaining approval for an exchange-traded fund (ETF) in the near future. Blockworks reports that the SEC is likely to make its ruling by July, although it may take until October to finalize the decision. Currently, the SEC is examining updated filings from companies that have launched Solana ETFs.

The SEC is requiring Solana ETF issuers to submit revised S-1 registration statements within the following week. The SEC will assess how the fund should handle in-kind redemptions and whether including staking in the fund is allowed. According to reports, SEC members are considering support for staking projects, which may encourage more institutions to get involved.

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Grayscale’s Solana ETF Plans

James Seyffart, an analyst from Bloomberg Intelligence, expects approval to come sooner than expected. Even though the SEC’s standard review can take 240 days and ends in October, Seyffart stated the agency wouldn’t delay considering these filings. Hopefully, the SEC will move quickly and reach a decision sometime in July.

Delays on spot crypto ETFs are expected. A bunch of XRP ETPs have dates in next few days.

If we're gonna see early approvals from the SEC on any of these assets — i wouldn't expect to see them until late June or early July at absolute earliest. More likely to be in early 4Q.

— James Seyffart (@JSeyff) May 20, 2025

Several major asset management firms, including VanEck, Bitwise, Fidelity, Grayscale, Franklin Templeton, Canary Capital, and 21Shares, are planning to issue a Solana ETF. Grayscale is aiming to bring its current Solana Trust under an ETF, with the method the company used making ETFs for Bitcoin and Ethereum. This turn demonstrates more institutional investment in Solana as its ecosystem becomes more diverse.

Solana Follows Bitcoin’s Path

In February, the SEC stated that it has agreed to consider Grayscale’s proposal for an SOL ETF. Previously, the SEC was reluctant to approve these disclosures. Although the decision on the SOL ETF was delayed in May, the agency still did not reject it. Many regard this delay positively, since it signals that the SEC is carefully exploring the issue.

The approval of an SOL ETF would happen after Bitcoin and Ethereum spot ETFs were approved. In January 2024, authorities approved a spot ETF for Bitcoin, and Ethereum’s was approved in May 2025. In February, CME introduced SOL futures, favoring those who believe a spot ETF is on its way, since futures are often introduced before ETFs.

When the SOL ETF gets approved, it could lead to more investment from institutions and open the door for digital assets in the conventional financial system.

Related Reading: Crypto Use Booms as 32,000 Merchants Now Embrace Digital Payment Systems

Filed Under: News, Altcoin News Tagged With: Bitcoin (BTC), Crypto, Crypto news, Cryptocurrency, Ethereum (ETH), SEC, Solana ETFs

Cardano Launches Cardinal Protocol: Secure and Decentralized DeFi for Bitcoin Users

June 11, 2025 by Yahya

  • Cardano’s Cardinal is a DeFi protocol for Bitcoin users, providing access to lending, borrowing, and staking without centralization.
  • Unlike traditional wrapped Bitcoin, Cardinal uses MuSig2 to sign transactions with no reliance on custodians securely.
  • BitVMX enables safe BTC-to-Cardano transfers, allowing users to interact with both Bitcoin and Cardano networks seamlessly.

Cardano has introduced Cardinal, the first decentralized finance protocol for users of Bitcoin. Charles Hoskinson, founder of Cardano, announced Cardinal on June 9, giving Bitcoin users access to tools in DeFi, including lending, borrowing, and staking, without using centralized solutions. The team behind Cardano, Input Output, has introduced this new protocol, providing more options for Defi users of Bitcoin.

Welcome to the first Bitcoin DeFi protocol developed for Cardano https://t.co/CoYvrYnIfI

— Charles Hoskinson (@IOHK_Charles) June 9, 2025

Cardinal takes Bitcoin’s unused outputs, also called UTXOs, and converts them into wrapped tokens. These UTXOs represent unused parts of previous Bitcoin transactions that show ownership. These wrapped Bitcoins are subject to a protocol that maintains a 1:1 ratio with the original Bitcoin. They can receive their wrapped Bitcoin back at any point, and this is a reliable and safe process that allows them to keep moving their assets.

Cardinal vs Regular Wrapped Bitcoin

The main difference between Cardinal and regular wrapped Bitcoin is its trust-minimized setup. While other systems have custodians or federated methods, Cardinal utilizes MuSig2 to allow different people to sign transactions at the same time. As a result, the original Bitcoin remains safe and secure on the original blockchain. If any user behaves dishonestly, the system is still safe.

Cardinal’s innovative take on rehypothecation stands out among the standard practices in the financial world. In several systems, custodians can reuse user assets without revealing all the details to them. Furthermore, Cardinal ensures this by placing complete asset control in users’ hands. It ensures that the original Bitcoin is kept secure, but users can still make use of DeFi services.

BitVMX is also part of the protocol, as it lets users run complex Bitcoin tasks and still keep the system decentralized. Due to this integration, asset transfers between Bitcoin and Cardano are secure and efficient. As a result, users can use Cardano’s smart contracts and Bitcoin’s scripting features to connect the two networks smoothly.

Cardano Ecosystem Growth

During the Bitcoin 2025 conference, a demonstration of transferring BTC to Cardano without a bridge was performed by BitVMX. The event showed that Cardinal could become a major part of Bitcoin applications, boosting ADA role in the growing world of DeFi.

Source: DefiLlama

Cardinal’s launch has brought many people into the ADA ecosystem, but Cardano’s TVL has gone down from $415 million in May to $334 million by June 10, as per DefiLlama data. Yet, the ADA team is confident that ADA will introduce new liquidity, enabling those holding Bitcoin to utilise DeFi services while remaining within the Bitcoin ecosystem.

Related Reading: Ethereum Price Prediction: Breakout Above $2,750 Could Push ETH to $3K

Filed Under: News Tagged With: Bitcoin (BTC), Bitcoin users, BitVMX, cardano news, Cardinal protocol, Crypto, Crypto news, Cryptocurrency, DeFi

Bitcoin Cash Forms Bullish Pattern: Will BCH Surge to $1,058?

June 10, 2025 by Yahya

  • Bitcoin Cash’s cup & handle pattern signals a potential breakout, with targets at $703.40, $878.20, and $1,058.40.
  • RSI at 59.56 shows rising optimism, indicating BCH could continue its upward trend if it stays above 60.
  • MACD divergence suggests strong bullish momentum, with BCH poised for a breakout if the trend persists.

Bitcoin Cash (BCH) is looking strong, as there are signs of a bullish breakout. Analyst Rose Premium Signals highlighted that the cryptocurrency’s current pattern indicates it might be getting ready for a major breakout. If the current trend for BCH continues, analysts expect significant growth shortly. The trend suggests that BCH may experience a rally, potentially approaching higher prices.

Being a bullish indicator, the cup and handle pattern can provide guidance on when prices will increase. The BCH price hasn’t fallen below the critical level of $350. This area is vital since continued support establishes an intact bullish structure. As long as BCH remains above this level, it can overcome resistance and go higher. If the breakout occurs, analysts expect targets at $ 703.40, $ 878.20, and $ 1,058.40.

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Source: X

RSI Indicates Bullish Momentum

The Relative Strength Index (RSI) of Bitcoin Cash is currently 59.56, which means the market is bullish. The RSI being over 50 suggests that BCH is on an upward trend. At this level, buyers become active, which could lead to an increase in cryptocurrency. As the RSI comes close to 60, some traders check for additional signals that prices are rising quickly. If the price remains stable above 60, it would signal that BCH is continuing in an upward trend.

A rising RSI for BCH indicates higher demand, and if this trend holds, BCH could easily overcome the resistance and increase in value. When the RSI is higher, BCH is showing strength, so there is potential for more significant price rises.

Bitcoin Cash Poised for Breakout

The MACD for Bitcoin Cash is showing signs indicating a possible rise in price. The value of the MACD line is 4.5, and the signal line is 4.1, so the MACD line surpasses the signal line. The strong divergence marks an increase in bullish momentum, indicating that BCH is being traded more favorably by buyers. The histogram is also positive, confirming that the trend remains bullish. If the MACD remains positive, BCH is expected to keep going up and could soon experience a breakout.

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Having a strong RSI with MACD divergence indicates BCH could break through the resistance and lead to an increase in price. Investors and traders are interested in a potential breakout, hoping to achieve prices above $700 and $1,000. The current reading from the chart indicates that Bitcoin Cash may trend strongly upwards soon.

Related Reading: Solana Price Prediction: Strong Breakout Signals $164 Upside Target Soon

Filed Under: News Tagged With: BCH Price analysis, BCH Price Prediction, Bitcoin Cash News, Crypto, Crypto news, Cryptocurrency

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