Justin Sun says WLFI froze 2.94 billion tokens and removed voting rights.Lawsuit filed after failed attempts to resolve the dispute privately.WLFI has introduced a Governance proposal that may lock tokens for non-consenting holders.Justin Sun has filed a lawsuit in a California federal court against World Liberty Financial (WLFI), alleging that the project froze his holdings of 2.94 billion WLFI tokens and stripped him of key investor rights without justification.The move escalates a growing dispute between one of crypto’s most recognisable entrepreneurs and a project that has positioned itself around decentralised governance and early-stage token distribution.In his public statement, Sun confirmed that he is seeking legal protection of his rights as a WLFI token holder.Sun also emphasised that the lawsuit does not change his political stance or his support for the Trump administration’s pro-crypto direction. According to him, the dispute is strictly about investor treatment and token governance, not politics.Frozen tokens and removed voting rightsAt the centre of the case is Sun’s claim that WLFI froze all 2.94 billion of his tokens (540 million of unlocked tokens and 2.4 billion locked tokens). He argues that this action made it impossible for him to transfer, sell, or otherwise use his holdings.The value of the holdings has dropped from over $107 million at the September 2025, when they were frozen, to around $43–$60 million by April 2026.Sun also alleges that WLFI removed his governance voting rights tied to those tokens. This means he was unable to participate in key decisions affecting the protocol, including recent governance changes introduced by the project team.Sun further claims that WLFI went beyond freezing his position and threatened to permanently destroy part of his holdings through token “burning.”According to his statement, these actions were taken without clear justification and without providing him a fair opportunity to respond.He also says he attempted to resolve the issue privately with WLFI before taking legal action. However, he claims the project team refused to restore access to his tokens or reinstate his governance rights, leaving him with no option but to proceed to court.Sun has described his position as straightforward: he wants to be treated the same as other early investors who received WLFI tokens, without special privileges and without restrictions that are not applied equally.Justin Sun also disagrees with WLFI’s Governance proposalThe legal conflict comes alongside disagreement over a WLFI governance proposal released on April 15.Sun has openly opposed the proposal, arguing that it introduces conditions that could lock users’ tokens indefinitely if they do not actively accept new terms.The proposal reportedly includes a requirement for 10% of advisor tokens to be permanently burned. It also introduces a structure for early purchaser tokens involving a two-year cliff followed by a two-year vesting schedule.Under the same framework, users who do not explicitly accept the new terms could have their tokens locked indefinitely.Sun has raised concerns that this creates an uneven system where investor rights depend on active consent after the fact. He also pointed out a structural conflict in his own situation.Because his tokens are currently frozen, he says he cannot vote either in favour of or against the proposal, despite being directly affected by it.This has added another layer to the dispute, as governance participation is typically considered a core function in token-based systems.World Liberty Financial (WLFI) positionWLFI has pushed back against Sun’s claims, arguing that token restrictions were applied due to internal concerns related to security and compliance.The project maintains that its governance mechanisms include administrative controls that can be used to protect the platform and its participants.The disagreement highlights a broader tension in crypto governance systems, particularly in projects that market themselves as decentralised…

SEI gained 10% to $0.062, fueled by Bitcoin’s $78k retest and positive risk sentiment.Rising TVL, stablecoin growth, and Giga upgrade are bullish metrics.A breakout from the long downtrend could allow for a retest of $0.10.The SEI token has surged to the pivotal $0.062 level, with gains in the past 24 hours hitting double digits amid overall optimism among traders and analysts.With Bitcoin topping $78,000 and risk appetite up, the potential for a reversal could accelerate ahead of a key network upgrade.Sei price touches $0.062 as Bitcoin, crypto record gainsSEI token climbed to $0.062 on April 22, 2026, marking a sharp 10.5% gain over the past 24 hours amid a widespread crypto rally. Bitcoin led the charge, retesting $78,000 after consolidating near key support levels, while Ethereum and other majors posted similar advances.The fresh uptick stems from improved global risk sentiment, as investors monitored the Iran ceasefire and its potential implications for the global economy.Eased geopolitical tensions look to have boosted equities worldwide, with the S&P 500 and digital assets following suit.In fact, the crypto markets’ mirroring of the positivity has pushed the total capitalization up 3% to $2.63 trillion.The crypto fear & greed index hovers around 63, signalling overall greed.For SEI, the uptick underscores both sensitivity to risk-on sentiment and network fundamentals.Why are analysts bullish on SEI?SEI bulls are largely upbeat due to robust on-chain metrics and strategic network developments.Network activity has shown steady gains, bolstering the token’s recent price recovery. Total Value Locked (TVL) in DeFi now stands at over $146 million as fresh capital flows into DeFi protocols on the chain.Stablecoin market cap hovers near $181 million, reflecting a 2% daily rise and solid liquidity. Meanwhile, USDY dominance at 59.43% points to efficient, concentrated capital deployment, reducing volatility risks.A standout catalyst could emerge, as Token Relations noted recently, via Sei’s impending sunset of its Cosmos layer ahead of the Giga upgrade.This is after Sei Labs rolled out system version 6.4, initiating a migration to Ethereum Virtual Machine (EVM) compatibility.Developers eye the eventual decoupling of the network from Cosmos dependencies, streamlining architecture for broader interoperability.The Giga upgrade, the next major milestone, promises transformative scalability by elevating throughput, slashing block times, and accelerating finality.These improvements will empower high-frequency apps like decentralized exchanges, gaming platforms, and consumer dApps, potentially driving explosive demand for SEI tokens through increased usage and staking rewards.Sei price analysisSEI’s chart reveals a breakout to above $0.060 for the first time since late March. Although the downtrend remains, trading to highs of $0.062 could buoy bulls.The token’s rebound from lows of $0.055 also means bulls need to clear primary resistance around $0.063-$0.065 to confirm shifting momentum.From a technical view, gains have pushed the token above the 20-day and 50-day Exponential Moving Averages (EMAs), affirming short-term buyer control.Volume spikes during the rally suggest conviction, with RSI climbing out of oversold territory to 60 and MACD flipping bullish.Sei PriceSEI price chart by TradingViewIf upside momentum holds, buyers will eye $0.078 resistance and year-to-date highs above $0.107 next.However, a drop below $0.055 could invalidate the bullish setup and allow bears to target $0.049.The post SEI price surges to $0.062: can bulls sustain upward momentum? appeared first on CoinJournal.

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Key takeaways XLM is down 2% on Thursday after the 100-day EMA capped its short-term recovery run.XLM futures Open Interest stabilizes, but the declining long-to-short ratio signals a bearish bias.XLM flips bearish as the leverage market loses confidenceStellar (XLM) extended its losses on Thursday, with the token struggling to regain momentum as the 100-day Exponential Moving Average (EMA) near $0.1798 continues to cap upside attempts, reinforcing a bearish short-term outlook.Sentiment in the derivatives market also points to growing downside expectations. Data from Coinglass shows that XLM futures Open Interest (OI) remains elevated at $114.70 million after climbing sharply from $99.45 million earlier this week, signaling sustained trader activity despite weak price action.However, bearish positioning continues to dominate. The long-to-short ratio currently sits at 0.7632 — a level that has remained below 1 since mid-January — indicating that traders are increasingly favoring short positions and anticipating further downside for XLM.Technical forecast: XLM could drop below $0.1700The XLM/USD 4-hour chart remains bearish and efficient, indicating that the bears have regained control in the near term. XLM is trading below the key 100-day EMA while still holding above the 50-day EMA at $0.1669. Momentum indicators still show some signs of resilience. The Relative Strength Index (RSI) is hovering around 62 on the 4-hour timeframe, remaining above the neutral midpoint, while the Moving Average Convergence Divergence (MACD) indicator continues to trade above its signal line, suggesting buyers have not fully lost control.Still, downside risks remain elevated. If XLM falls below the 50-day EMA support at $0.1669, the token could slide toward the key consolidation support zone at $0.1471 — a level that has held since early February.XLM/USD 4H ChartOn the upside, bulls would need to push XLM above the 100-day EMA at $0.1798 to uphold a bullish sentiment. A daily candle close above that resistance could pave the way for a move toward the 200-day EMA near $0.2101.The post Stellar faces bearish pressure as sellers target breakdown below $0.1500 appeared first on CoinJournal.

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Key takeawaysHyperliquid holds steady around $40 on Thursday, up 1.1% in the last 24 hours.The negative funding rate gives HYPE a mixed signal in the market.Hyperliquid (HYPE) is trading around $40.95 at press time on Thursday, stabilizing after a 3%+ gain in the previous session. While the decentralized exchange (DEX) token has managed to hold recent levels, weakening retail demand in the leverage market and a developing rising wedge pattern on the chart are keeping the broader outlook neutral-to-bearish.HYPE’s futures market suggests a cooling demandHYPE initially attracted strong retail interest during heightened geopolitical tensions around the US–Iran situation and the Strait of Hormuz, as its platform enabled 24/7 trading of commodities such as oil and precious metals. However, as geopolitical pressure eased following signals of extended diplomatic timelines, speculative interest in the token has started to fade.Data from CoinGlass shows HYPE futures open interest at about $1.63 billion, moving mostly sideways—an indication that trader participation has plateaued. Meanwhile, the funding rate sits at -0.0061%, suggesting a growing tilt toward short positioning as traders increasingly bet on downside risk.Technical outlook: Bears could push the price lowerThe HYPE/USD 4-hour chart is bearish and efficient as HYPE remains supported above both the 50-day Exponential Moving Average (EMA) near $38.46 and the 200-day EMA around $34.51. The 4-hour structure is forming a rising wedge pattern, typically considered a bearish setup when momentum weakens. The momentum indicators also paint a bearish picture. The MACD remains in negative territory, signaling fading bullish strength, while the RSI at 47 reflects a growing bearish condition. HYPE/USD 4H ChartIf the sellers remain in control, they would encounter immediate support at the trendline near $40.33. A break below this level could open a path toward the 50-day EMA at $38.46, followed by stronger support near the 200-day EMA at $34.51.However, if the bulls push higher, resistance is first seen at $43.71, with further upside capped near $45.77 at the upper trendline boundary.The post Hyperliquid (HYPE) holds above $40 as futures activity stalls appeared first on CoinJournal.

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Chainlink price retested $9.50 as bears keep sentiment in check.Bridgetower has adopted Chainlink’s solutions to tokenize $11 billion in securities.LINK price faces short-term resistance around $9.50-$10.50.Chainlink’s LINK token trades at $9.31 after shedding gains from intraday highs of $9.50 earlier in the day.The altcoin continues to hover below the $10 mark amid broader market dynamics.Macro and geopolitical headwinds remain notable factors keeping bears in control, but could Bridgetower’s adoption of Chainlink to tokenize over $11 billion in securities provide fresh momentum for LINK?Here’s a brief outlook for Chainlink’s price following this latest milestone in institutional asset tokenization.Bridgetower’s Chainlink integrationAccording to an announcement, Bridgetower is set to leverage Chainlink’s institutional platform to tokenize assets across natural resources, energy, and metals.The move will initially bring the DOM X Arizona Copper-Gold Project, a US-based natural resource initiative valued at $11 billion, on-chain.NOW: Bridgetower adopts Chainlink to tokenize $11B+ in securities from the DOM X Arizona Copper-Gold Project.By integrating the full Chainlink stack into its tokenization platform, BridgeTower is unlocking the issuance and distribution of tokenized securities at scale. pic.twitter.com/wnucctQ3IP— Chainlink (@chainlink) April 23, 2026Bridgetower will enable the issuance and management of the tokenized asset via Chainlink’s Cross-Chain Interoperability Protocol (CCIP), Proof of Reserve, and NAVLink solutions.The integration embeds KYC, KYB, and AML controls at the protocol level within Bridgetower’s Tokenization Platform, supported by fiat and stablecoin rails from Iron, a MoonPay company.“We’re excited to see Bridgetower move from a CRE early adopter to live institutional tokenized asset deployment around an $11 billion asset in just a few months. All the world’s largest financial institutions are watching tokenization right now, and they are looking for production evidence for powering assets at an institutional scale,” said Johann Eid, chief business officer of Chainlink Labs.This development strengthens Chainlink’s momentum in the tokenization sector.Recent months have seen major financial institutions and governments tap into the oracle network for real-world asset tokenization. Chainlink has helped secure over $100 billion in total assets, and analysts say this traction could reflect in LINK’s long-term price.Chainlink price – short-term technical outlookWith LINK hovering around $9.30, key support lies in the $8.70–$9.00 range, while immediate resistance is between $9.50 and $10.50.If buyers push higher, a potential rebound toward $14–$15 could follow. However, a breakdown on high volume could send prices lower toward support at $7.80.Technical indicators support this mixed outlook. The RSI on the daily chart is around 48, placing it in neutral territory and suggesting room for gains.However, the MACD shows waning momentum with a flat histogram, hinting at a possible inflection point.Chainlink LINK PriceChainlink price chart by TradingViewA broader bullish breakout in cryptocurrencies—particularly if Bitcoin moves above $80,000—would be supportive for LINK. Conversely, geopolitical uncertainty or escalation that dampens risk appetite could trigger selling pressure across major altcoins, including Chainlink.The post Chainlink price forecast amid Bridgetower’s $11B tokenization boost appeared first on CoinJournal.

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XRP price held support near $1.40 and could eye a retest of $1.50.Bitcoin and Ethereum continued to dictate sentiment.Cryptocurrencies are showing upside potential despite geopolitical headwinds.XRP is positioning for a crucial retest of the $1.50 resistance level, buoyed by broader upside signals across the cryptocurrency market.As Bitcoin stabilizes above $78,000 and Ethereum holds near $2,300, XRP’s price around $1.40 reflects relative stability in today’s trading.BTC and ETH holding current levels could help reinvigorate capital flows, with top altcoins likely to follow despite ongoing geopolitical uncertainties.XRP price holds supportAs noted, XRP held above key support at $1.40 on Thursday, with a slight uptick to intraday highs signaling a potential move back toward $1.50.While prices were down about 1.8% at the time of writing, trading volume had also declined by 11%, suggesting bulls are absorbing selling pressure rather than capitulating.XRP climbed to highs of $1.45, showing resilience as Bitcoin reclaimed $78,600 and Ethereum touched $2,350.Cryptocurrencies have broadly held key levels despite geopolitical headwinds, including tensions in the Middle East.“This month’s sustained rebound reflects capital inflows. If macroeconomic pressures bottom out by mid-year, Bitcoin’s bottom will also be confirmed,” analysts at Greekslive wrote on X.On-chain data points to reduced selling pressure, with whale accumulation increasing in recent weeks. This stability suggests buyers are regrouping and could challenge overhead resistance if momentum continues.XRP price outlookXRP’s broader outlook remains tied to movements across risk assets, including recent outflows from crypto ETFs.Macro factors—such as Federal Reserve hawkishness and equity market pullbacks—could amplify downside risks. If Bitcoin weakens, XRP is likely to follow.Lingering geopolitical uncertainty, including limited progress from the US-Iran ceasefire, could further weigh on sentiment.That said, institutional and retail interest remains supportive. Ripple’s ongoing partnerships and expansion in payments adoption continue to underpin fundamentals.Despite delays in a spot XRP ETF launch, analysts believe Ripple could still attract sustained capital inflows.Technical setup signals breakout potentialFrom a technical perspective, a potential cup-and-handle pattern is forming on the daily chart.The “cup” base developed between $1.10 and $1.65 over the past month, with the handle consolidating in the $1.40–$1.50 range.A decisive breakout above $1.50 could open the path toward $1.80. However, XRP has struggled to regain momentum after falling below the $2.00 level.Failure to break resistance may see the token revisit lower support levels around $1.30 or even $1.20, last seen in early April.Going forward, investors are likely to watch macroeconomic data and geopolitical developments closely for direction. The post XRP eyes retest of $1.50 as BTC, ETH show upside potential appeared first on CoinJournal.

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Key takeawaysADA is trading below key resistance zones, signaling a bearish near-term bias and limiting recovery attempts.Whales are reducing their exposure to ADA, which could lead to further price decline. Cardano (ADA) continues to trade under pressure, hovering below $0.250 on Friday as price action remains subdued beneath key resistance zones. On-chain data from Santiment indicates that certain whale wallets have begun reducing their holdings, adding to selling pressure.Whales reduce exposure amid shifting accumulation trendsSantiment’s Supply Distribution data points to a weakening outlook for Cardano as large-wallet investors adjust their positions. Whales holding between 100,000 and 1 million ADA and 1 million–10 million ADA have collectively offloaded around 80 million tokens since April 19.Furthermore, wallets in the 10 million–100 million ADA range have accumulated approximately 60 million ADA over the same period. This divergence suggests a rotation in holdings: mid-sized whales are selling, while larger entities are absorbing supply. Such behavior often reflects distribution at elevated levels, increasing short-term downside risk.Cardano’s derivatives data present a mixed outlook with a slight bearish tilt. CoinGlass data shows open interest falling to $444 million on Friday, down from $490 million on April 18. This indicates declining trader participation and weakening speculative demand.Additionally, ADA’s long-to-short ratio stands at 0.80, its lowest level in over a month. A ratio below 1 indicates bearish positioning, with more traders expecting price declines.Despite that, the funding rate paints a bullish narrative. The OI-weighted funding rate turned positive on Thursday and currently sits at 0.0076%, suggesting that long positions are paying shorts—often interpreted as a mild bullish signal.Cardano price outlook: bears continue to halt recoveryThe ADA/USD 4-hour chart is bearish and efficient as Cardano remains technically weak, trading below $0.250. The coin is facing immediate resistance at the 50-day EMA of $0.258, followed by $0.269 (23.6% Fibonacci retracement) and the 100-day EMA at $0.294.Momentum indicators remain neutral. The Relative Strength Index (RSI) sits at 51, while the MACD is flat just above zero, indicating a lack of strong directional conviction.If the bearish trend persists, immediate support is found at $0.245. A breakdown below this level could expose ADA to further losses toward $0.220, a key prior-cycle support zone.ADA/USD 4H ChartHowever, if the bulls regain control and close above the $0.258 resistance, it would be the first sign of recovery strength, potentially opening the path toward $0.269 and higher resistance levels near $0.294 and $0.299. An extended bullish reversal would require a move above $0.323 and eventually toward the 200-day EMA near $0.383. The post Cardano (ADA) faces bearish pressure as whales reduce exposure appeared first on CoinJournal.

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Key takeawaysXMR is trading above $380 on Friday, after over 3% rebound from the 200-day EMA on the previous day.The positive derivatives data could push XMR’s price above $400. Monero (XMR) is trading around $380 on Friday, showing a mild retracement after a 3% gain the previous day. The privacy coin is steadily regaining demand in the derivatives market, as traders anticipate further upside amid a broader market risk-on phaseMonero derivatives signal strong retail sentimentMonero has continued its recovery since the early February sell-off, with growing retail demand for its derivatives. According to CoinGlass data, the XMR futures Open Interest (OI) has risen to $139.39 million, up from $109.94 million on February 7, reflecting renewed investor confidence. Furthermore, the OI-weighted funding rate remains positive at 0.0093%, indicating a persistent preference for holding long positions at a premium.The positive derivatives data indicate that buyers are starting to enter the Monero market. This could push XMR’s price higher in the near to medium term. Technical outlook: Can Monero surge to $400?The XMR/USD 4-hour chart is bearish and efficient, but the structure could flip bullish if Monero continues with its rally. Currently, XMR is holding above the 50-day Exponential Moving Average (EMA) at $351 and the 200-day EMA at $364.The 4-hour chart reveals a rising channel pattern, signaling a constructive market structure.  The Relative Strength Index (RSI) at 61 and a positive Moving Average Convergence Divergence (MACD) above its signal line support sustained upside momentum.On the upside, immediate resistance is at $400, aligning with the Inducement Liquidity (ILQ) created on February 4. A breakout above this level could push Monero towards the 50% retracement level at $470, above the 4-hour TLQ level. XMR/USD 4H ChartHowever, if the bears regain control, support is found at the 200-day EMA at $364, followed by the 50-day EMA at $351. A deeper pullback below the rising support trendline at $330 would signal a more significant shift in the current constructive outlook.The post Monero (XMR) eyes $400 amid positive derivatives data appeared first on CoinJournal.

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TL;DRBTC briefly touched the $79k level during the late hours of Sunday.US-listed spot BTC ETFs recorded inflows of over $820 million last week, marking the fourth straight week of positive flows.Bitcoin (BTC) edges slightly lower on Monday, trading around $77,873 after securing its fourth consecutive weekly gain since late March. Despite the mild pullback, the broader bullish structure remains intact, underpinned by steady institutional demand. However, as BTC approaches the critical $80,000 resistance zone, rising geopolitical uncertainty tied to US-Iran tensions and the Strait of Hormuz is tempering near-term risk appetite.Institutional demand remains a key factorInstitutional flows continue to provide strong support for Bitcoin’s upward trajectory. According to SoSoValue data, spot Bitcoin ETFs recorded $823.7 million in net inflows last week, following $996.38 million the week prior. This marks four straight weeks of positive inflows, reinforcing sustained institutional interest. If the trend persists or accelerates, it could fuel another leg higher for BTC in the near term.
While fundamentals remain supportive, macro uncertainty is capping momentum. Reports suggest Iran has submitted a proposal to reopen the Strait of Hormuz and extend the current ceasefire, aiming to move toward a longer-term resolution. However, the outcome remains uncertain. US President Donald Trump reportedly dismissed the proposal as insufficient, while Iranian President Masoud Pezeshkian rejected negotiations under pressure. This backdrop has dampened risk sentiment, prompting a pause in Bitcoin’s recent rally.Bitcoin price outlook: Bullish bias intact despite resistanceThe BTC/USD 4-hour chart remains bearish and efficient. Technically, Bitcoin maintains a constructive outlook despite facing rejection near $80,000. Last week’s 6% gain pushed BTC above the 61.8% Fibonacci retracement level at $78,490, a key resistance zone. A sustained move higher could see BTC retest $80,000, with further upside targeting the 200-week EMA at $82,488.Momentum indicators support the bullish case. On the 4-hour chart, the RSI sits at 54, above the neutral territory, signaling weakening bearish pressure. Meanwhile, the MACD shows a bullish crossover from mid-April, with a rising histogram reinforcing upside potential.On the upside, immediate resistance lies at $78,962 (50% retracement), followed by the psychological $80,000 level. A breakout above this zone could open the door toward $83,437 (61.8% retracement) and $84,410.BTC/USD 4H ChartHowever, if the bears regain control, initial support sits near $75,680, followed closely by the 100-day EMA at $75,619 and the 38.2% retracement at $74,487. A deeper pullback could test the 50-day EMA at $73,363, with further support at $68,950 and the lower channel boundary near $63,033, ahead of the major structural floor at $60,000.The post Bitcoin’s rally stalls below $80k: Check forecast appeared first on CoinJournal.

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TL;DRHyperliquid (HYPE) holds near $42 with a bullish structure above $40.The bullish structure is supported by rising futures Open Interest and positive funding rates. Hyperliquid (HYPE) trades above $42 on Monday, sustaining its upward trajectory from an ascending trendline. While the broader trend remains constructive, signs of cooling retail interest contrast with a steady buildup in leveraged positions, creating a mixed near-term outlook for the decentralized exchange token.Retail momentum fades as social dominance dropsRetail-driven momentum appears to be weakening. Data from Santiment shows Hyperliquid’s social dominance has declined sharply to 0.137%, down from 0.688% at the height of the US-Iran conflict in late March. The drop suggests reduced retail attention as geopolitical tensions ease, removing a key narrative driver that previously fueled speculative interest in the DEX.In contrast, derivatives activity is heating up. According to CoinGlass, HYPE futures Open Interest (OI) has climbed roughly 3% over the past 24 hours to $1.65 billion, signaling an increase in outstanding leveraged positions.Funding rates remain positive at 0.0077%, indicating that long positions continue to dominate. This persistent positive funding over the past month reflects growing bullish conviction among leveraged traders, even as spot-driven retail enthusiasm cools.HYPE price outlook: Rising wedge puts $40 support in focusThe HYPE/USD 4-hour chart is bullish and efficient as HYPE is consolidating within a rising wedge.The token remains supported above both its 50-day EMA at $38.98 and 200-day EMA at $34.90, reinforcing the underlying bullish structure.Momentum indicators suggest steady but controlled upside. The Relative Strength Index (RSI) sits at 56, pointing to positive but not overbought conditions, while the MACD is trending higher toward a bullish crossover, hinting at fading downside pressure.If the bulls push higher, they would encounter immediate resistance at the $43.71 level, which caps the current recovery and aligns with the upper wedge boundary near $46.80. A decisive break above this zone could trigger a stronger bullish continuation.However, if the market undergoes a correction, the ascending trendline support near $41.21 remains critical. HYPE/USD 4H ChartA breakdown below this level would likely expose the 50-day EMA at $38.98, with the 200-day EMA at $34.90 acting as a deeper demand zone if selling pressure intensifies.While Hyperliquid’s structure remains bullish above $40, the divergence between fading retail interest and rising leverage suggests the next move could be determined by whether momentum expands or reduces. The post Hyperliquid price forecast: HYPE holds above $40 as leverage builds appeared first on CoinJournal.

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The USDPT stablecoin will run on Solana and be issued via Anchorage Digital.Launch is planned for May 2026 after final rollout preparations.Western Union links crypto wallets to its global cash network.The Western Union CEO, during the Western Union’s first-quarter earnings discussion, announced that the company is moving closer to launching its dollar-backed stablecoin USDPT on the Solana blockchain, with a rollout targeted for May 2026.The update comes after months of internal development around Western Union’s broader digital asset strategy, which aims to combine blockchain settlement with its long-established global cash transfer network.USDPT moves from concept to near launchUSDPT, short for US Dollar Payment Token, is a fully dollar-backed stablecoin designed to operate on the Solana network.The token will be issued through Anchorage Digital Bank, a federally regulated crypto institution in the United States.This structure places regulatory oversight at the centre of the project, while still allowing blockchain-based settlement.According to details shared by Western Union, the stablecoin will be integrated into a newly developed system known as the Digital Asset Network.This network will connect crypto wallets, exchanges, and digital platforms directly to Western Union’s physical cash-out infrastructure, which spans more than 200 countries and hundreds of thousands of agent locations worldwide.The system is designed to allow users to move between digital dollars and physical cash without relying on traditional banking intermediaries.Users will be able to send USDPT on-chain and withdraw local currency at Western Union locations.Solana chosen for speed and scaleSolana has been selected as the underlying blockchain for USDPT due to its high throughput and low transaction costs.The network can process thousands of transactions per second, with settlement times measured in seconds.This aligns with Western Union’s requirement for high-volume remittance flows.Notably, Western Union processes millions of cross-border transactions annually, many of which involve small-value transfers.The company has highlighted that traditional settlement systems often take several days and rely on multiple intermediary banks, while, in contrast, USDPT on Solana is expected to reduce settlement time to near-instant execution while lowering operational costs.Anchorage Digital Bank will handle issuance and custody, ensuring that each USDPT token remains fully backed by US dollar reserves under regulated standards.Launch timeline set for May 2026While earlier guidance placed the rollout within the first half of 2026, the latest update narrows the timeline to May 2026.The project is described as being in its final preparation phase, with technical integration and network testing underway.The post Western Union CEO hints at Solana-based stablecoin USDPT launch in May appeared first on CoinJournal.

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Pudgy Penguins (PENGU) price touched $0.010 amid double-digit gains.The token surged as the Pudgy Penguins floor price pumped.Other non-fungible tokens also soared, including the Bored Ape Yacht Club.Pudgy Penguins’ native PENGU token is up double digits in the past 24 hours, riding high on skyrocketing floor prices to touch three-month highs.This surge comes amid notable price increases in the Pudgy Penguins NFT, with other tokens related to the sector also experiencing significant gains.However, an uptick for Bitcoin and Ethereum fizzled on Monday, a scenario that puts the tokens’ prices in danger of retreating amid profit-taking.Pudgy Penguins soars 14% amid NFT price gainsData shows top non-fungible token collections are experiencing a remarkable resurgence, with floor prices extending their upside momentum.Pudgy Penguins currently leads the charge as its floor price climbs above 5 ETH, with over 20% in weekly gains.Market data highlights this momentum, with over 20 sales and nearly 1,000 ETH in trading volume over the past seven days.The Bored Ape Yacht Club (BAYC) NFT boosts similar metrics and shows an 81% spike in floor price over the last 30 days.Yet, this optimism contrasts with contracting overall NFT market participation.Global sales, transactions, and active users have nearly halved since February, even as average sale prices have more than doubled.This divergence suggests a concentration of capital among high-value collections like Pudgy Penguins, potentially signaling selective bullishness rather than broad recovery.Notably, PENGU price is up 40% over the past week, and the 14% gain in the last 24 hours has pushed it to above $0.010 for the first time since late January.Pudgy Penguins is in double digits up year-to-date.​Pudgy Penguins price analysisAnalysts attribute the NFT rally primarily to surging cryptocurrency prices, with Bitcoin (BTC) recently touching $80,000 and Ethereum (ETH) reaching $2,400.The broader market sentiment looks to have amplified demand for top-tier NFTs, where Pudgy Penguins has stood out with elevated transaction counts accompanying its price climb.In the market, surging floor prices typically reflect strong conviction, and the opposite shows amid declining floor prices.PENGU gains mirror Pudgy Penguins’ NFT momentum, and the upmove lifts bulls above the $0.008 supply zone.The surge to above $0.010 makes the 100-day and 50-day moving averages key support levels at $0.0082 and $0.007.Pudgy Penguins PENGU ChartPudgy Penguins price chart by TradingViewAmong technical indicators to note is the Relative Strength Index (RSI) that currently hovers above 70, signalling overbought conditions.Traders may need to watch out for NFT market fatigue or a significant BTC pullback.If this happens, PENGU price could test lower support levels, including Feb 6 low of $0.0052.On the flipside, the moving averages hint at a potential golden cross, with price likely to extend towards the YTD peak around $0.014.The post PENGU token jumps 14% amid Pudgy Penguins floor price pump appeared first on CoinJournal.

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Protocol 22 has boosted the scalability of Pi Network ahead of smart contracts in May.Pi must break $0.190 to target $0.2045 and $0.220.Key support at $0.1832 remains crucial for bullish momentum.Pi Network (PI) token traded near $0.1893 on April 28 after gaining roughly 5.8% in 24 hours and more than 10% over the past week, reflecting stronger market interest as the network moves through a critical development phase.The recent recovery is notable considering the asset’s all-time low of $0.1312 in February 2026, while still sitting far below its February 2025 peak of $2.99.Protocol 22 mainnet upgradeNotably, the price surge comes as Pi Network completed its Protocol 22 mainnet upgrade on April 27, a major infrastructure update designed to improve scalability, transaction throughput, and overall network readiness for decentralised applications.Protocol 22 is widely seen as a foundational step before the expected Protocol 23 rollout in May, which is projected to introduce smart contracts and expand Pi Network’s ecosystem with broader decentralised finance (DeFi) and cross-chain functionality.More than 10 billion PI tokens have already migrated to Mainnet, with approximately 6 billion remaining locked.This large locked supply continues to limit immediate sell pressure while also supporting market attention around future utility expansion.For many traders, the upcoming Protocol 23 release is even more important since smart contract functionality could significantly expand PI’s practical use cases beyond peer-to-peer transfers by allowing developers to build decentralised applications directly on the network.Technical indicators show improving momentumCurrent technical analysis suggests Pi is attempting to form a double-bottom breakout pattern, with the neckline sitting near $0.190.A confirmed move above this level could push the price toward $0.2045, while a stronger continuation may open the path toward $0.220.According to aggregated market indicators, a majority of technical indicators signal that the short-term momentum is leaning positive.Moving averages are especially supportive, with PI currently above its 10-day, 20-day, 50-day, and 100-day exponential moving averages, reinforcing short-term strength.However, the token still trades below its 200-day EMA, which suggests broader macro resistance remains in place.The 14-day Relative Strength Index stands at 63.96, placing PI coin in neutral territory without signalling immediate overbought conditions.On the weekly timeframe, RSI is closer to 36.01, which indicates that PI may still be recovering from previously oversold conditions.Pi Network price analysisPi Network price forecastLooking at the price targets that traders should consider moving forward, the immediate support sits at $0.1832.A drop below this level may weaken short-term bullish momentum and expose Pi Network (PI) to downside pressure toward $0.1670, with deeper losses potentially reaching $0.1322.On the upside, the first major resistance is $0.1884. A breakout above this level would strengthen breakout potential and could send PI coin toward $0.1926.If bulls successfully clear the broader $0.190 neckline, the next major target becomes $0.2045. A sustained breakout above that level may extend gains toward $0.220.Looking further ahead, broader 2026 projections place PI’s possible trading range between $0.1121 and $0.5246, depending largely on successful ecosystem expansion, smart contract adoption, and broader crypto market conditions.The post Pi Network price outlook amid Protocol 22 upgrade, ahead of the May Protocol 23 upgrade appeared first on CoinJournal.

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AAVE price consolidates as market awaits recovery clarity.rsETH recovery plan addresses $246M bad debt from the Kelp DAO exploit.The immediate resistance sits at $100 as governance execution drives the outlook.AAVE token is currently priced at $97.13, down 0.3% over the past 24 hours, while the broader market has remained slightly positive.That difference has kept AAVE in focus, not because of broad weakness, but because traders are waiting to see whether the proposed recovery plan designed to restore rsETH collateral after the Kelp DAO exploit can be executed cleanly.The key question is whether the recovery effort can remove uncertainty fast enough to allow the token to reclaim the $100 mark and hold above it.rsETH collateral recovery plan takes centre stageThe main driver behind AAVE’s current setup is the technical plan proposed to rebuild rsETH collateral after the exploit linked to Kelp DAO.The exploit left about $246 million in bad debt across Aave and Compound, creating pressure for a coordinated solution rather than a simple market fix.The proposed plan is designed to restore backing for rsETH and reduce the fallout without spreading the losses across users.https://t.co/9eUfrt0ESE— Aave (@aave) April 28, 2026At the centre of the proposal is a governance-led process across Ethereum and Arbitrum.The plan calls for temporary oracle adjustments and the liquidation of the attacker’s positions in a controlled way. That makes the recovery effort more structured, but also more dependent on execution.Traders are now watching the proposal as a practical test of whether Aave Protocol can repair collateral damage without introducing more risk.In the short term, that uncertainty has kept sentiment measured, even though the plan itself is aimed at stabilising the system.AAVE price outlookAAVE’s near-term outlook now depends heavily on how the recovery plan unfolds.On a technical standpoint, the immediate support is near $96. The token has already spent time close to that area, and a failure to hold it could shift the market tone back toward caution.A drop below $94 would be more concerning because it would suggest the market is no longer treating the recovery effort as a near-term stabilising force.AAVE price analysisAAVE price chartThe broader technical picture also shows that AAVE is consolidating rather than trending aggressively. Its current level is close to the 30-day simple moving average of $96.95, which supports the idea that the market is waiting for confirmation before committing to a stronger directional move.What matters nextMarket participants will be looking for approval of the temporary changes needed to support the recovery, as well as signs that collateral restoration is progressing without delays.If those milestones are reached, AAVE could gain enough confidence to challenge the $100 level again.Trading volume also shows that the market is engaged but not yet convinced.The latest 24-hour volume of $254.39 million reflects active participation, but not a broad rush into the token. That usually means the market is waiting for a clearer signal before taking stronger positions.The post AAVE could reclaim $100 as focus shifts to rebuilding rsETH collateral appeared first on CoinJournal.

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XRP is currently trading at $1.38, down over 3% in the past week.The XRP Ledger has attracted over $3 billion in tokenized real-world assets.XRP could retest $1.25 or lower if bearish pressure persists.Ripple cryptocurrency XRP is trading largely flat over the past 24 hours, as buyers struggle to decisively breach the $1.40 level following an intraday uptick from lows of $1.36.The price performance—showing XRP down on the weekly timeframe and up just 5% over the past month—contrasts with a sharp spike in the value of tokenized real-world assets (RWAs) on the XRP Ledger.XRP Ledger hits $3 billion RWA valueWhile XRP continues to struggle for upside momentum, bullish sentiment appears to be building around the XRP Ledger (XRPL).The network has reached a milestone of $3 billion in total tokenized real-world asset value, marking a notable 55% increase over the past 30 days.According to data from rwa.xyz, XRPL’s growing RWA ecosystem now includes more than 290 active projects.On-chain activity is also reflected in 3,819 unique RWA holders, while the stablecoin market capitalization on XRPL exceeds $508 million.Among specific projects, the largest RWA on XRPL is Justtoken’s JMWH token, a tokenized commodities asset valued at over $1.76 billion.Meanwhile, Ripple’s native RLUSD stablecoin accounts for more than $400 million in tokenized value, while Ondo Finance’s short-term US Treasury products and VERT Capital’s asset-backed credit contribute approximately $323 million and $139 million, respectively.Market experts view XRPL’s RWA growth as a sign of increasing institutional adoption and confidence, with the potential to drive further network utility.XRP price analysisDespite the surge in RWA activity, XRP’s price remains capped below $1.50, as bulls face persistent pressure from macroeconomic headwinds and profit-taking.The token has been in a broader downtrend since peaking at $3.67 in July 2025, with declines accelerating during major market sell-offs on October 10, 2025, and February 5, 2026, when prices dropped to lows of $1.58 and $1.13, respectively.Recent weakness—including a pullback to $1.36—highlights the importance of the 50-day simple moving average as a key technical level.From a chart perspective, XRP is trading within a descending triangle pattern on the daily timeframe.The relative strength index (RSI) is hovering around 48 and trending lower, while a bearish MACD crossover reinforces near-term caution.XRP Price ChartXRP price chart by TradingViewDespite the cautious technical outlook, potential inflows from a future XRP ETF and improving macro or geopolitical conditions could lift broader crypto sentiment.If RWA growth continues, strengthening on-chain metrics—such as rising holder counts and stablecoin total value locked—may provide additional support.In the short term, XRP risks a move toward $1.25 if downside pressure persists.However, a sustained break above $1.45 could open the door to $1.70. In a more bullish, RWA-driven scenario, $2.00 and the key $3.00 level emerge as major resistance zones. The post XRP price forecast as tokenized RWA on XRP Ledger explodes to $3B appeared first on CoinJournal.

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The ApeCoin token has shed 12% of its price value in the past 24 hours.Pudgy Penguins and Blur have also dipped as NFT sector tokens suffer profit-taking.APE faces potential deeper losses to $0.081 unless fresh catalysts emerge.ApeCoin (APE), the governance token powering the ApeCoin ecosystem tied to the Bored Ape Yacht Club (BAYC) NFTs, has seen a sharp reversal.After riding a brief NFT sector rally, APE plunged 12% over the past 24 hours and was trading around $0.14 at the time of writing.The decline erased much of its intraday gains, during which the token briefly surged above $0.18. The losses highlight the volatile nature of meme and NFT-linked tokens amid broader market profit-taking.APE pares gains after sector rally fadesApeCoin’s downturn follows a broader NFT sector rally that lifted several related tokens before momentum faded. The token surged over the past week alongside peers such as Pudgy Penguins’ PENGU and Blur’s BLUR, driven by renewed hype around non-fungible tokens.PENGU, for instance, climbed as the Pudgy Penguins NFT collection’s floor price spiked, drawing speculative inflows into the ecosystem. BAYC floor prices also rose during the rally.However, the momentum proved short-lived. Both PENGU and APE have since given up a significant portion of their gains, with PENGU’s daily trading volume dropping 50% to $132 million.The pullback reflects profit-taking after NFT-linked assets briefly outperformed the broader market.APE’s retreat mirrors this trend, as traders exited positions amid fading enthusiasm.Data from CoinMarketCap shows APE’s 24-hour trading volume surged to nearly $300 million at the peak before normalizing as selling pressure increased.The token’s failure to hold above the key $0.18 resistance level points to weakening buyer conviction, further accelerating the decline.What next for APE token?Like most meme and NFT-related tokens, ApeCoin faces an uncertain near-term outlook, largely tied to cooling sentiment in the NFT market.While spikes in NFT activity often support tokens like APE, the broader market’s lack of sustained momentum has limited upside.ApeCoin ChartApeCoin price chart by TradingViewAnalysts point to ongoing weakness in NFT fundamentals, with sales volumes and transaction activity failing to match the hype-driven price surges seen in recent weeks.Data from platforms such as OpenSea and Blur indicate a decline in overall NFT sales over the past seven days, putting additional pressure on ecosystem tokens.From a technical perspective, indicators suggest the possibility of further downside. The Relative Strength Index (RSI) has pulled back from overbought levels and is trending around 68. While not yet bearish, a move toward 50 or lower could open the door for a retest of the all-time low near $0.081.On the upside, a recovery in sentiment could push APE toward the $0.20 and $0.30 levels, though that would likely require renewed strength in the broader NFT market. The post ApeCoin price falls sharply as NFT sector momentum fades appeared first on CoinJournal.

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Bitcoin dropped to lows of $74,958 before stabilizing above $75,000.The decline also coincided with tighter liquidity in traditional equity markets.Crypto stocks fell sharply as short‑term volatility hit risk assets.Bitcoin price briefly slipped to below $75,000 on Wednesday as the Federal Reserve held interest rates steady, dimming hopes for near‑term rate cuts and triggering a broad‑based sell-off in risk assets.The move weighed heavily on crypto‑linked equities, with Coinbase, Riot Platforms, and MicroStrategy among the hardest hit.Bitcoin dips to $75k as Fed holds ratesBitcoin fell to roughly the $75,000 level, trimming earlier gains after the US central bank opted to keep borrowing costs unchanged, signaling a more cautious stance on monetary easing.The decision reinforced expectations of a higher‑for‑longer rate environment, prompting investors to pare back exposure to volatile assets tied to speculative growth narratives.Market data as of writing showed that over the past 24 hours, Bitcoin had logged a modest decline of about 1.4% as it hovered around $75,156.The combination of elevated yields and geopolitical uncertainty has continued to dampen risk appetite, capping BTC below $80,000.MediaBitcoin price chart by CoinMarketCapCrypto stocks tumble amid weak trading signalsThe Fed’s in‑line‑but‑hawkish‑leaning decision spilled into crypto‑related stocks, which had already been under pressure from disappointing revenue trends.Robinhood (HOOD) led the slide, plunging 14% after reporting an almost 47% year‑over‑year drop in crypto‑related revenues for the first quarter.The steep contraction was widely interpreted as a sign of weaker trading volumes and fading retail enthusiasm for digital assets.The pessimism spread across the sector.US crypto exchange Coinbase (COIN) fell 7%, while Bullish (BLSH), the institutional platform owned by CoinDesk’s parent company, likewise dropped 7%. Gemini (GEMI) declined 5%.Bitcoin miners also sold off, with Riot Platforms (RIOT) and Marathon Digital Holdings (MARA) both slipping 4%–6% as the softer Bitcoin price and elevated energy costs squeezed margins.MicroStrategy (MSTR), the largest corporate holder of Bitcoin, retreated 4%.Oil surge adds to risk‑off moodThe deterioration in sentiment extended beyond crypto, as US equities broadly declined and energy prices spiked.The Dow Jones Industrial Average shed more than 300 points, pressured in part by a surge in oil that followed President Trump’s comments on Iran.In a Wednesday interview with Axios, Trump stated he would maintain a US blockade at the Strait of Hormuz until a nuclear‑related deal with Iran is reached, heightening concerns over supply disruptions in one of the world’s most critical oil chokepoints.Brent crude climbed more than 4% above $111 per barrel, while US West Texas Intermediate (WTI) crude topped $106 per barrel, further fueling inflation‑sensitive market jitters and reinforcing the risk‑off tone that weighed on Bitcoin and crypto stocks.The post Bitcoin slips to $75k as Fed holds rates, crypto stocks tumble appeared first on CoinJournal.

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Real Finance, Wiener Privatbank partner for regulated blockchain access.EU-compliant framework enables institutional entry into on-chain markets.MVP targets $50 million, scaling to over $500 million tokenized assets in year one.In a move that underscores the growing convergence between traditional finance and digital assets, Real Finance has announced a strategic partnership with Vienna-based Wiener Privatbank.The partnership is to develop regulated infrastructure for institutional participation in blockchain-based financial markets.The collaboration aims to create a framework that aligns blockchain innovation with established European regulatory standards, potentially opening new pathways for institutional capital to enter on-chain ecosystems.Building a regulated gateway to on-chain marketsAt the core of the partnership is the integration of traditional banking services with the REAL blockchain.Wiener Privatbank will provide essential financial infrastructure, including custody of client funds, reserve safeguarding, and support for asset origination.Client funds will be held in EU-regulated accounts, with compliance structured around frameworks such as MiCA, alongside standard know-your-customer (KYC) and anti-money laundering (AML) procedures.The framework is designed to address key institutional concerns around legal clarity, operational transparency, and risk management.By embedding these controls within the system, the partnership seeks to make blockchain-based financial products more accessible to regulated financial institutions that require robust compliance and governance standards.Scaling tokenized assets within a controlled frameworkThe collaboration will begin with a minimum viable product (MVP) phase expected to support approximately $50 million in on-chain assets.Following the launch of the REAL blockchain mainnet, the partners aim to scale significantly, targeting more than $500 million in tokenized assets within the first year.Wiener Privatbank will also play a role in originating and structuring euro-denominated assets, contributing to liquidity development within what the companies describe as a regulated digital asset environment.This focus on euro-based instruments reflects an effort to align blockchain offerings with the needs of European institutional investors.Looking ahead, the companies plan to explore the issuance of a euro-denominated stablecoin native to the REAL blockchain.However, this initiative remains subject to further regulatory assessment and structuring, indicating a cautious approach to compliance and oversight.Aligning innovation with institutional standardsExecutives from both organizations emphasized the importance of combining innovation with regulatory integrity.Ivo Grigorov, CEO of Real Finance, said the partnership reflects a commitment to building infrastructure that meets institutional expectations.This partnership reflects our commitment to building institutional-grade infrastructure that meets the expectations of regulated financial institutions. By working with Wiener Privatbank, we are ensuring that access to on-chain markets is underpinned by robust compliance standards, clear governance, and trusted banking relationships.Michael Munterl, a member of the Executive Board at Wiener Privatbank, highlighted the shared focus on regulatory integrity and innovation.Our collaboration with Real Finance is grounded in a shared focus on regulatory integrity and innovation. We see this partnership as an opportunity to extend established banking standards into emerging digital asset infrastructures, while maintaining the compliance, transparency, and client protection principles that define our institution.The REAL blockchain itself is designed to support the tokenization and distribution of real-world assets within a controlled environment.Through partnerships with regulated financial institutions, Real Finance aims to create infrastructure where traditional finance and blockchain systems can operate within clearly defined regulatory…

Nexo adds SOL, XRP to its 0% APR crypto-backed credit product.ZiC lets users borrow at 0% interest with no liquidation risk.Over 30% of Nexo loans now use non-BTC, ETH collateral.Nexo has expanded its Zero-interest Credit (ZiC) offering to include Solana (SOL) and Ripple (XRP) as eligible collateral, marking what it says is an industry first for zero-interest, no-liquidation lending backed by these assets.The move broadens access to interest-free borrowing beyond Bitcoin (BTC) and Ethereum (ETH), which previously dominated the platform’s collateral base.The announcement comes as crypto-backed lending continues to evolve, with platforms seeking to attract a wider investor base by offering more flexible borrowing structures tied to digital assets.Expansion beyond Bitcoin and EthereumNexo said the addition of SOL and XRP reflects shifting collateral trends on its platform.While Bitcoin and Ethereum still account for around 70% of total collateral volume—closely mirroring their broader market dominance—more than 30% of loans are now backed by alternative crypto assets.SOL and XRP lead this segment, prompting the platform to extend its flagship ZiC product to these tokens.The company said the move allows a broader group of users to access liquidity without selling their holdings.“Nexo has always believed in being where the market is going, not where it already is. Zero-interest Credit set a new standard for Bitcoin and Ethereum holders, and expanding it to Solana and Ripple is the logical next step, one we are taking before anyone else,” said Elitsa Taskova, Chief Product Officer at Nexo.How the zero-interest credit product worksZiC enables users to borrow stablecoins at 0% APR over a fixed term, with no risk of forced liquidation during the loan period.The structure includes predefined repayment terms visible at the outset, offering greater predictability compared to traditional crypto lending products.For SOL and XRP-backed loans, ZiC operates at a 30% loan-to-value (LTV) ratio, with minimum collateral requirements set at 100 SOL or 5,000 XRP.The core proposition remains unchanged: users can unlock liquidity while maintaining exposure to their crypto holdings.The product has already seen notable traction. Nexo reported more than $170 million in total loan volume through ZiC, alongside a 66% borrower renewal rate and an average of four renewals per user.More than half of the borrowed funds remain on the platform, indicating that users are leveraging liquidity while staying invested.Growing relevance of crypto-backed lendingThe expansion comes amid increasing recognition of crypto-collateralized financing in traditional financial systems.In March 2026, US mortgage agency Fannie Mae began accepting crypto-backed mortgages, allowing borrowers to pledge Bitcoin without liquidating their assets.Nexo positioned its ZiC offering within this broader trend, emphasizing demand for liquidity solutions that do not require asset sales.The company said extending the product to SOL and XRP aligns with growing diversification in crypto portfolios and evolving borrower preferences.The post Nexo expands 0% credit to SOL, XRP, becoming first mover in crypto appeared first on CoinJournal.

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An OG Shiba Inu whale sold 800 billion SHIB for $4.9 million.SHIB held $0.0000060 support, trading near $0.0000063.If buyers absorb selling pressure further, SHIB could revisit $0.0000075 resistance.Shiba Inu (SHIB) price is showing resilience around $0.0000063, with bulls holding near a critical support level despite a major sell-off by a whale.The memecoin’s slight dip and intraday rebound come as cryptocurrencies navigate broader market headwinds. SHIB’s daily performance also saw a 17% spike in trading volume, which stood at $170 million as of Thursday.OG Whale sells 800 billion SHIB for $4.9 millionDogecoin dominated memecoin headlines this week as a double-digit bounce pushed the DOGE token above $0.10. The gains were also reflected in peers like Shiba Inu, with SHIB rising to highs of $0.0000065.On April 29, Bitcoin fell below $75,000 following the Fed’s interest rate decision.DOGE slipped below the psychological level, while SHIB declined to $0.0000060.The dip coincided with a pivotal transaction from one of Shiba Inu’s original whales, who initially acquired 103.33 trillion SHIB tokens in 2020 for just $13,760.The purchase represented 16.84% of the token’s total supply at launch.On April 30, 2026, the wallet offloaded 800 billion SHIB, netting roughly $4.9 million.This sale forms part of a broader divestment strategy: in recent years, the whale has liquidated 4.06 trillion SHIB, generating $37.6 million in proceeds.Notably, the address still holds 99.27 trillion SHIB, currently valued at about $625.41 million. An OG whale, who once spent $13,760 to buy 103.33T $SHIB (worth $8.9B at peak), sold another 800B $SHIB($4.9M) today. This OG spent only $13,760 to buy 103.33T $SHIB, sold 4.06T $SHIB for $37.6M over the past few years, and still holds 99.27T $SHIB($625.41M) — 16.84% of the… pic.twitter.com/F0bB0VP5t0— Lookonchain (@lookonchain) April 30, 2026Such moves by early holders often signal profit-taking after prolonged appreciation, typically putting pressure on prices. However, SHIB’s resilience above $0.0000060 suggests buyers are stepping in on dips.Shiba Inu price forecastSHIB’s price trajectory reflects mixed signals amid recent market swings.Over the past week, the token posted modest gains as rival memecoin Dogecoin surged past $0.10, supported by renewed retail enthusiasm.However, the past 24 hours have brought renewed pressure, with SHIB dipping slightly after Bitcoin retreated following the Federal Reserve’s April 29, 2026, policy announcement.The Fed’s decision to hold rates steady added to uncertainty, triggering a broader crypto sell-off, with rising oil prices adding to the pressure.SHIB has held firm at its key support in the $0.0000060–$0.0000063 range, as accumulation absorbs much of the selling pressure.If buyers maintain momentum, bulls could target resistance at $0.0000075.A breakout above this level could open the door to $0.000008, particularly if Bitcoin rebounds.Shiba Inu PriceShiba Inu price chart by TradingViewCurrently, the RSI and MACD on the daily chart suggest potential upside momentum.On the downside, failure to hold support could see SHIB test $0.0000058.With overall market sentiment still fragile, SHIB’s direction will depend on sustained buying interest and broader macroeconomic cues. The post Shiba Inu price holds key support despite whale selling 800B SHIB appeared first on CoinJournal.

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Ondo price hovers around $0.26 after bouncing off crucial support.Ondo leads tokenized stocks, ETFs with over $825M TVL peak.Failure to hold support could see ONDO dip to $0.20.Ondo (ONDO) is trading near a critical psychological support zone, with intraday action including a retest of resistance above $0.26.The token is poised at these levels as on‑chain activity around tokenized stocks and exchange-traded funds (ETFs) attracts institutional and retail capital.However, with prices pegged in a narrow range below $0.30 since early February, could the broader real‑world asset (RWA) sector growth buoy ONDO?Ondo Finance powers access to tokenized stocks and ETFsOndo Finance has emerged as one of the largest platforms for tokenized stocks and ETFs.Currently, it accounts for over half of the sector’s total market by value, with RWA‑focused analytics trackers showing the protocol hitting over $825 million in total value locked (TVL) at peak.The traction cuts across more than 250 tokenized US stocks and ETFs, including blue‑chip names such as NVDA, AAPL, and major ETFs like SPY and QQQ.These assets are now available across Solana, Ethereum, and BNB Chain, giving holders cross‑chain exposure and liquidity via major wallets, exchanges, custodians, and protocols such as Binance, Bitget, MetaMask, Ledger, and Blockchain.com.In a bid to deepen maturity, Ondo recently announced a collaboration with Broadridge.The aim is to enable holders of over 250 tokenized stocks and ETFs to participate in proxy voting and receive regulatory filings and issuer communications related to these securities.Separately, more than 260 Ondo‑backed tokenized products are now listed on the KuCoin Web3 Wallet, signaling growing integration into mainstream crypto infrastructure.Despite this momentum, ONDO’s price has remained subdued, raising questions about the lag between protocol‑level growth and token‑price performance.ONDO price technical analysis: can bulls reclaim $0.30?From a technical standpoint, ONDO is currently navigating a short‑term bearish backdrop as the price consolidates near $0.26.Ondo Price ChartOndo price chart by TradingViewThe daily chart shows the relative strength index (RSI) in a neutral zone, suggesting neither extreme overbought nor oversold conditions, while the MACD signal line remains negative, underscoring underlying bearish momentum.Key support clusters lie around $0.24-$0.26, a decisive zone for both bulls and bears.If price breaks lower, it could open the path toward $0.20, whereas a sustained hold above $0.26 may invite a retest of the recent range high near $0.27–$0.28.The key target for bulls will be a fresh run to $0.30, a level last seen in mid-February.On the weekly timeframe, RSI is drifting toward oversold territory, and price is trading below key exponential moving averages (EMAs).This hints at exhaustion but also suggests bulls need a clear breakout above resistance to shift the overall bias.The post Ondo price forecast: bulls target multi-month resistance at $0.30 appeared first on CoinJournal.

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