Author: AltCoinDrops.com
Mantle price has hit a new all-time high, driven by recent developments that have expanded its market presence. Will the ongoing rally continue, or is the momentum fading? Summary MNT price hit a new all-time high of $1.68 on Friday, Sep. 12. Bybit’s promotional campaign surrounding MNT led the token’s gains this week. A double bottom formed on the weekly chart hints at 40% potential upside at play. According to data from crypto.news, Mantle (MNT) shot up to an all-time high of $1.68 on Sep. 12, morning Asian time, before settling a little lower at $1.61 at press time. At…
Ethena Labs has stepped back from Hyperliquid’s USDH stablecoin issuance competition after acknowledging community concerns about its position as a non-native team. Summary Ethena pulled its USDH stablecoin proposal after validators raised concerns about its non-native status and broader ambitions. The rival Native Markets team is now favored to lead stablecoin issuance on Hyperliquid. Ethena will pivot to building hUSDe and other native products, backed by its $13B USDe balance sheet. According to a Sept. 11 post on X by Ethena (ENA) founder Guy Young, the decision follows direct conversations with validators and delegates who raised doubts over Ethena’s focus…
TLDR: Bitlayer migrated its core infrastructure to Chainlink CCIP, securing cross-chain transfers for multiple assets. CCIP adoption now supports Bitlayer’s native token BTR along with USDC, USDT, ETH, and wstETH. YBTC, Bitcoin’s wrapped asset on Bitlayer, is set for cross-chain integration via CCIP soon. Chainlink CCIP enables secure BTC DeFi applications across Ethereum, BSC, Avalanche, and Plume Network. Bitlayer, a leading Bitcoin layer 2 infrastructure project, has integrated Chainlink’s Cross-Chain Interoperability Protocol. The migration establishes CCIP as the canonical cross-chain framework for its ecosystem. This move allows seamless transfers of BTR, USDC, USDT, ETH, and wstETH between Bitlayer and Ethereum. …
BlackRock is preparing its next big step in digital finance with plans to tokenize exchange-traded products. Summary BlackRock is weighing tokenized ETFs after the success of its spot Bitcoin ETF and tokenized money market fund, BUIDL. Tokenized ETFs could enable 24/7 trading, fractional ownership, and new collateral use cases in crypto markets. Regulatory and infrastructure hurdles remain, but the move signals traditional finance’s deeper embrace of blockchain. BlackRock is weighing plans to tokenize ETFs, expanding its push into blockchain-based investment products after the success of its spot Bitcoin (BTC) ETF and tokenized money market fund. The news was reported by…
Dogwifhat price has rebounded strongly from critical support at $0.75, a zone reinforced by Fibonacci and volume confluence. With short interest heavily stacked around this level, the probability of a squeeze-driven rally toward $1.40 and possibly $1.80 is increasing. Summary Strong rebound at $0.75 support, backed by value area low and 0.618 Fibonacci confluence. Bullish market structure intact, with upside targets at $1.40 and potentially $1.80. Short squeeze risk increasing, as stacked shorts could accelerate price higher on breakout. Dogwifhat’s (Wif) price action has remained one of the most technically driven in the current market. The bounce from $0.75 was…
TLDR: South Korea removes a 7-year ban on crypto firms gaining venture certification from September 16, 2025. Ministry of SMEs confirms policy change follows Cabinet approval and revised Enforcement Decree. Crypto startups can now access financing, tax incentives, and state-backed support programs. Decision aligns Korea with global blockchain trends and strengthens domestic digital asset ecosystem. South Korea is set to allow cryptocurrency companies to access venture capital for the first time since 2018. The government announced a partial revision to the Enforcement Decree of the Special Act on Fostering Venture Businesses. The change removes crypto trading and brokerage from the…
Coins worth less than $5 can still be helpful and have long-term potential. The four names emerge as particularly suited to play different roles in the cryptocurrency economy: TRON for cheap and high-volumes settlement; ADA for research-driven security and governance; SUI for high-throughput consumer apps; and XRP for cross-border payments. Each has measurable on-chain activity that can grow over time, active developer bases, and clear paths to adoption. According to recent charts, XRP price is currently trading around $2.82, SUI is $3.20, ADA is $0.82 and TRON $0.33. This makes the structure attractive for the construction of a real utility…
TLDR: Multicoin and partners raised $680M on-chain to acquire Solana, signaling strong institutional interest. Solana price hits $234.66, rising 15% over the past week amid high trading activity. Technical indicators show SOL near resistance with a rising wedge pattern forming on 1D chart. Daily close above $234 with volume could push Solana toward $261 in short-term trading. Solana (SOL) has drawn fresh interest from institutional investors as market activity accelerates. Forward Industries and Multicoin coordinated a major on-chain fund movement totaling $680 million. The funds were transferred to Galaxy Digital to support Solana acquisition strategies. This move follows Forward Industries’…
A quiet rebellion is brewing in corporate finance. The old playbook, written by companies like MicroStrategy, said to buy Bitcoin and treat it like digital gold bars – Heavy, valuable, and sitting in a vault. Now, a new crop of public companies is looking at that strategy and seeing a dead asset. They’re skipping Bitcoin entirely, putting their corporate funds into Solana (SOL) instead. This isn’t just about trying something new. Instead, it’s a complete philosophical change, from hoarding a static hedge to deploying an active financial tool that earns its keep. When corporations first dipped their toes into crypto,…
Upexi now oversees a $447 million Solana position, a hoard of over 2 million tokens whose staking yield and strategic acquisition have directly driven a 129% gain in the amount of SOL value attributable to each share since the strategy’s inception. Summary Upexi’s Solana treasury has reached $447 million, with holdings of over 2 million SOL tokens. Adjusted SOL per share rose 129% since April, fueled by staking and discounted locked SOL. More than half the treasury is locked SOL, signaling long-term conviction in the asset. According to a press release dated September 11, the Nasdaq-listed consumer goods company reported…