Ethena (ENA) led altcoin gains with a 12.1% price jump to $0.0886, driven by growing interest in its upcoming protocol upgrade. Other notable gainers included MemeCore (11.4%), Algorand (9.5%), Cardano (8%), and Avalanche (5.5%), reflecting varied investor enthusiasm across different blockchain projects. Meanwhile, Audiera fell sharply by 19.2%, highlighting the mixed performance in the crypto market. Traders remain cautious, watching Bitcoin's stability and upcoming macroeconomic and regulatory developments that could impact market sentiment and volatility.
Bitcoin dropped 1.3% to around $63,870 and Ethereum fell 1.4% to about $1,890 as crypto markets faced pressure at July's end. This decline contrasts with gains in traditional markets like South Korea's Kospi and U.S. stock futures. Bearish signals fr...
A large investor staked 60 million ENA tokens worth about $4.73 million shortly after buying them, removing a significant portion from liquid circulation and signaling long-term confidence. Despite this, ENA’s price weakened, breaking below its ascen...
Large investors (whales) continued accumulating Ethena (ENA) tokens, withdrawing over 102 million ENA worth about $8.49 million from exchanges and moving many into staking. This reduced the liquid supply available for trading even as ENA's price slip...
SUI, the native token of Sui Network, is releasing about $15.4 million in new tokens daily this week as part of a continuous vesting schedule, unlike BEAT's single large unlock of $81.66 million on August 1. This gradual release spreads new supply ac...
