NEAR price surged to $1.66 amid a notable volume spike.AI tokens bounced sharply, including Injective, Theta Network, and Akash Network.The near-term outlook for NEAR suggests a retest of $2 if momentum holds.NEAR Protocol (NEAR) has traded higher in the past 24 hours as bulls eye near-term gains.The uptick for the artificial intelligence-related token aligned with a broader AI tokens surge on Tuesday, with NEAR seeing a notable rise in trading activity.NEAR price gains amid 32% spike in daily volumeNEAR is trading at $1.62, up about 7% over the past 24 hours and roughly 4% higher on the weekly chart despite Monday’s brief plunge beneath $1.50.The price appreciation coincides with a 32% surge in daily volume, with intraday action putting the metric at $295 million as of writing.NEAR Price Chart NEAR price chart by CoinMarketCapNotably, that spike in activity has allowed NEAR to outpace many peers as the broader market navigates renewed downside pressure.Likely, rotation into projects tied to on-chain compute and decentralized application ecosystems is driving the uptick.The bounce in AI-related tokens provided additional strength to Injective, Theta Network, and Akash, each of which delivered gains of more than 5% in the past 24 hours.Render also showed signs of eyeing a retest of a critical resistance level.Crypto AI is trading up ahead of Nvidia’s first-quarter earnings results.The industry heavyweight will report on May 20, and tokens across crypto are up amid broader anticipation.Nvidia’s CEO Jensen Huang recently traveled to China with President Trump, with the US president meeting Chinese President Xi Jinping in a key summit.NEAR price predictionTechnical indicators suggest a short-term bullish bias for NEAR.On the daily chart, price action is forming what appears to be a cup-and-handle pattern.This is a consolidation structure that often precedes continuation to the upside if the handle resolves on renewed volume.NEAR also currently trades above major moving averages, an arrangement that typically favors buyers. But that’s not all.Momentum metrics bolster the constructive outlook, with the average directional index (ADX) on the daily frame pointing to a strengthening trend.Elsewhere, the relative strength index (RSI) sits near 64, indicating momentum with room for further appreciation before reaching overbought territory.The Awesome Oscillator and MACD indicators both show bullish readings that align with a buying opportunity in the near term.Price targets and risk levelsIf bullish conditions persist, NEAR could extend above the $1.70 level.Near-term upside targets would be in the $2.00 to $2.50 range, should volume maintain its recent lift and the cup-and-handle pattern get validated.On the flipside, the initial support band lies around $1.50. The region marks a key consolidation zone, below which could be $1.20.The post NEAR price climbs amid 32% volume spike: what’s the near-term outlook? appeared first on CoinJournal.

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Algorand (ALGO) jumped 5% after Robinhood listed it for US users.Algorand’s price has stayed between $0.1092 and $0.1173 with no breakout.Weekly trend is still down 6.8% despite the short-term rally.Algorand has recorded a sharp burst of activity following its addition to Robinhood’s crypto trading platform, including availability for users in New York.At the time of writing, Algorand’s ALGO coin was trading near $0.1149, showing a 24-hour gain of about 5%.Robinhood listing triggers short-term momentumThe listing on Robinhood marks a notable distribution shift for Algorand.$ALGO is now available to trade on Robinhood Crypto, including NY. pic.twitter.com/HBqM2MZ9zA— Robinhood (@RobinhoodApp) May 19, 2026The listing on Robinhood gives access to a large base of retail users, and historically, new listings on major retail brokerages tend to attract immediate trading interest.In this case, the move was preceded by a wave of market commentary highlighting the possibility of Robinhood adding ALGO.During that period, Algorand recorded intraday gains in the range of 5% to over 7%, depending on the timeframe used across different market trackers.Once the listing was confirmed, trading activity increased further, with daily volume reaching approximately $58.9 million according to data from Coingecko.This spike in activity coincided with heightened attention from retail traders reacting to the expanded accessibility of the token.Price structure still shows resistance to a sustained breakoutEven with the Robinhood-driven rally, Algorand continues to trade well below its long-term highs.The token remains down roughly 96.8% from its all-time peak of $3.56, recorded in June 2019.This long-term drawdown highlights how far the asset has moved away from its earlier cycle valuations.Over the past seven days, ALGO is still down around 6.8%, indicating that the recent move has not fully reversed earlier weakness.On a monthly basis, however, the token is up approximately 12.1%, showing that the asset has been recovering in bursts rather than maintaining a steady trend.More recently, price behaviour has been shaped by a narrow trading band.The 24-hour range between $0.1092 and $0.1173 aligns closely with the observed rally, suggesting that most of the move occurred within established short-term volatility limits rather than breaking out of a broader range structure.A key technical observation is that while momentum improved after the listing, there has been no sustained push beyond recent resistance levels near the $0.117–$0.122 zone, where price has repeatedly stalled in prior short-term rallies.Algorand price analysisThis indicates that buyers have not yet gained full control of trend direction.Market reaction points to a liquidity-driven move rather than a trend shiftThe current market setup shows characteristics of a liquidity-driven reaction rather than a structural reversal.The combination of a confirmed Robinhood listing and rapid price expansion fits a pattern commonly seen when assets gain new retail access.Trading volume near $59 million in 24 hours reflects increased participation, but the lack of follow-through beyond the immediate price spike suggests that the move is still largely sentiment-driven.The fact that ALGO has remained negative over the past week reinforces the idea that recent gains are offsetting prior declines rather than establishing a new upward trend.Outlook: bounce or reversal still unresolvedThe expansion of availability on Robinhood, including access for New York users, increases the potential pool of participants.This type of distribution event typically has two phases: an initial reaction driven by attention and a second phase where sustained demand either develops or fades.With the token still trading far below historical highs and showing negative weekly performance, the recent move sits within a corrective recovery phase rather than a confirmed breakout structure.Whether this develops into a trend reversal will depend on whether trading activity continues beyond…

Key takeawaysPI has reclaimed the $0.1500 level after dropping below this critical area on Tuesday.The positive performance comes following the mainnet upgrade. Pi Network has reversed its downward trend on Wednesday, climbing above the $0.1500 level following a major infrastructure upgrade to its mainnet nodes. At press time, PI traded around $0.1518, extending recent losses while technical indicators hinted at the possibility of a short-term rebound.Pi Core team completes major mainnet upgradeThe Pi Core Team announced that major mainnet nodes have successfully upgraded to Stellar protocol version 23, reflecting the project’s reliance on the Stellar blockchain infrastructure.The update also included several backend improvements, such as migrating the operating system from Ubuntu 20 to Ubuntu 24 and upgrading the database engine from PostgreSQL 12 to PostgreSQL 16.The latest upgrade is aimed at improving network performance, security, and long-term scalability as the ecosystem continues to evolve.PI price outlook: Technical indicators suggest a possible recoveryThe PI/USD 4-hour chart is still bearish and efficient as PI has underperformed over the past few days.The bearish performance comes despite the infrastructure progress. The token is currently trading below both the 50-period Exponential Moving Average (EMA) near $0.1605 and the 200-period EMA around $0.1709, maintaining a broader bearish outlook.However, momentum indicators suggest selling pressure may be weakening. The Relative Strength Index (RSI) has dropped to near 29, signaling oversold conditions while also forming a positive divergence as price approaches Tuesday’s low of $0.1463.This type of divergence often points to a potential reversal or short-term bounce. If buying momentum increases, PI could attempt to retest a descending trendline resistance near $0.1519.Meanwhile, the Moving Average Convergence Divergence (MACD) indicator remains flat below the zero line, indicating fading bearish momentum but not yet confirming a bullish recovery.PI/USD 4H ChartA successful breakout above the $0.1519 resistance level could open the door for a stronger recovery toward the 50-EMA at $0.1605, followed by the 200-EMA near $0.1709.On the downside, the recent low at $0.1463 remains a critical support zone. A daily close below that level could invalidate rebound expectations and potentially trigger additional downside pressure for Pi Network.The post Pi Network tops $0.1500 following mainnet upgrade appeared first on CoinJournal.

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Key takeawaysBTC remains around the $77k level after rejecting the 200-day moving average.The bearish performance comes as rising inflation and Treasury yields weigh on risk sentiment.Bitcoin slipped below $77,000 earlier on Wednesday after failing to break above the 200-day moving average near $82,000, as rising inflation and tighter macroeconomic conditions weighed heavily on risk assets.The decline comes after hotter-than-expected U.S. inflation data showed Consumer Price Index (CPI) growth accelerating to 3.8% year-over-year. At the same time, rising oil prices and a surge in the 10-year Treasury yield have reduced expectations for Federal Reserve rate cuts, with markets increasingly pricing in the possibility of a rate hike by December.Bears continue to dominate the marketAccording to a report from K33 Research, Bitcoin’s rejection at the 200-day moving average mirrors patterns seen during previous market cycles in 2014, 2018, and 2022, when rapid rebounds were followed by sharp deleveraging-driven sell-offs.K33 noted that those historical recoveries rebuilt trader confidence and leverage quickly, leaving markets vulnerable to aggressive corrections once momentum faded.“A core ingredient in the ensuing legs lower was the unwind of positions built up during the rally itself,” the report stated.However, analysts emphasized that the current cycle differs in several important ways. Bitcoin took significantly longer to revisit the 200-day moving average after breaking below it, spending 189 days before retesting the level in May. That compares with 96 days in 2014, 132 days in 2018, and 85 days in 2022.Derivatives data suggest traders remain cautious rather than excessively bullish. Funding rates have stayed negative for 81 consecutive days, while options market skews are hovering near yearly highs, indicating persistent defensive positioning.Institutional flows have presented a mixed picture. Global Bitcoin exchange-traded products (ETPs) recorded their largest weekly outflow of the year last week, totaling 24,303 BTC. The figure marked the ninth-largest five-day outflow since the launch of U.S. spot Bitcoin ETFs.K33 noted that selling pressure intensified as Bitcoin approached the average ETF cost basis, a level that has historically triggered elevated outflows.Bitcoin technical outlook: BTC consolidates around $77,000At the time of writing, Bitcoin is hovering near $77200, slightly above the 50-day EMA at $76,743 and the 100-day EMA at $76,867. However, the broader trend remains constrained by the 200-day EMA at $81,845, which continues to act as a strong overhead resistance level.This positioning suggests that while short-term buyers are attempting to stabilize price action, longer-term trend signals have yet to confirm a bullish reversal.Technical indicators point to declining bullish momentum. The Relative Strength Index (RSI) is drifting toward the mid-40s, indicating weakening buying pressure without yet reaching oversold conditions.Meanwhile, the Moving Average Convergence Divergence (MACD) remains firmly in negative territory, reinforcing the view that recent upward moves have lost strength following the prior rally attempt.If the rally resumes, immediate resistance is located at the 50% Fibonacci retracement level of the recent rally around $78,962. A breakout above this zone would be needed to challenge higher levels.BTC/USD 4H ChartHowever, if the selloff continues, initial support is anchored by the 50-day EMA at $76,743. A break below this level could expose Bitcoin to further losses toward the 38.2% Fibonacci retracement at $74,487.Deeper support lies near the reclaimed trendline around $70,785, with the 23.6% retracement level at $68,950 acting as a final key cushion for the current structure.The post Bitcoin stays around $77K after 200-day moving average rejection appeared first on CoinJournal.

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Jupiter price traded between $0.19 and $0.21, up 8% in the past 24 hours.TVL rose to $2.94 billion, and Jupiter launched Metis V8 to reduce execution drift.The technical picture included a daily RSI at 52 and an upsloping.Jupiter (JUP) rose more than 8% in the past 24 hours, with prices respecting a rising trendline support.The jump in the JUP token’s value has coincided with the protocol’s total value locked (TVL) climbing to $2.94 billion amid the launch of Metis V8, an update to a routing engine with over $2 trillion in lifetime volume.As the DEX aggregator’s native token rises, the key question is whether the technical picture gives the bulls an edge.Jupiter price surges as TVL jumps to $2.94 billionJUP was trading within an intraday range between $0.19 and $0.21, with prices up more than 8% and daily volume up roughly 37% to over $26 million. The Jupiter market capitalization expanded to $700 million.Elsewhere, the protocol’s TVL increased to $2.94 billion, marking a notable jump from $2.30 billion on May 1, 2026.The significant rise reflects renewed capital inflows and increasing usage.In crypto, total value locked acts as an important metric that measures assets committed to a protocol, indicating liquidity depth, user trust, and the ecosystem’s capacity to support large trades without severe slippage.Leading tokens contributing to Jupiter’s TVL are SOL, USDE, USDG, and WBTC, highlighting both native Solana liquidity and bridged/pegged assets that underpin cross-asset routing activity.Jupiter eyes further DeFi traction with Metis V8As a leading DEX aggregator on Solana, Jupiter has maintained prominence by optimizing routing and reducing execution friction for traders.The project witnessed negative sentiment that cooled interest earlier in May, aligning with broader market turmoil.However, the protocol has attracted fresh flows and could reinforce a bullish picture via its product enhancements.On Wednesday, Jupiter announced the launch of Metis V8, the latest iteration of its DeFi routing engine designed to tighten execution quality.Metis V8 focuses on reducing Quotation Execution drift using slippage penalties and implements just-in-time (JIT) on-chain finalization to improve execution certainty.Metis V8: Solving The QE DriftMetis, the top router in DeFi with more than $2T+ in lifetime volume, has always been focused on the hardest problems in routing. And these days, it is not just about finding the best quote, it is about making sure what lands is as close to the… pic.twitter.com/sTYi867DUx— Jupiter (@JupiterExchange) May 20, 2026The update also targets sub-2 slot latency and introduces a rapid quotation mode.Jupiter says the update aims at minimizing adverse price movement between quote and execution.These technical improvements should strengthen Jupiter’s value proposition for high-frequency routing and larger order flows, potentially translating to sustained TVL and fee generation.JUP price forecastThe JUP token has bounced strongly from the $0.19 area as bulls attempt to extend a recovery that followed a swift reversal from highs near $0.27 down to $0.18 between May 10 and May 17, 2026.Gains mean buyers could look to test a key supply zone once more, with this corresponding to local highs recorded in late December 2025 and again this May.Jupiter Price ChartJupiter price chart by TradingViewOn the technical front, momentum indicators show mixed signals.The daily RSI sits around 52 and is upsloping, suggesting mild bullish momentum and room for further gains.However, the Supertrend indicator currently issues a sell signal, reflecting potential downside risk following the surge from lows of $0.15 in April.Until price decisively breaks higher, the near-term resistance levels to monitor would be $0.23 and $0.27.A more significant barrier would be at $0.30 and $0.45. On the flipside, key support levels could be at $0.17 and the $0.14-$0.13 area.The post Jupiter (JUP) price forecast as TVL rises to $2.94B and Metis V8 launch appeared first on CoinJournal.

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Real signs partnership with iExec to develop private RWA blockchain infrastructure.Companies explore encrypted asset issuance, lending, and compliant financial operations.Confidential computing gains attention as the institutional tokenization market continues expanding.Real has entered into a memorandum of understanding with iExec to explore privacy-focused infrastructure for tokenized assets.The collaboration will evaluate how institutional RWA issuance, distribution, and on-chain financial activity can be conducted while preserving confidentiality and supporting compliance and audit requirements.Real provides infrastructure for the full lifecycle of tokenized assets, including onboarding, verification, risk assessment, settlement, and asset management.iExec contributes confidential computing capabilities through Trusted Execution Environments such as Intel TDX and its Nox Protocol, which enables encrypted data processing, confidential smart contract execution, selective disclosure, and verifiable computation.As part of the collaboration, the companies will assess how the Nox Protocol can integrate with Real’s Layer 1 blockchain to support confidential tokenized assets, encrypted transaction flows, and private financial operations.The collaboration will focus on confidential RWA issuance and distribution, including encrypted balances and private transaction flows, as well as financial activities such as subscriptions, redemptions, dividend payments, lending, and structured credit.“Institutions need more than tokenization. They need infrastructure that protects sensitive financial data while still allowing compliance, oversight, and auditability,” said Ivo Grigorov, CEO, Real.“Our Partnership with iExec is an important step toward exploring how confidential computing can support the next generation of real-world asset markets.”The companies will also explore selective disclosure tools for regulators and auditors, while assessing how confidential assets can remain interoperable with custody solutions, settlement systems, and potential secondary markets.The agreement establishes a framework for evaluating institutional use cases such as tokenized funds and private credit. Planned next steps include technical discussions, identifying pilot opportunities, and aligning infrastructure architecture.As real-world asset tokenization expands, institutional participation increasingly requires protection for sensitive data such as investor allocations and transaction information.Real and iExec said they will examine how confidential computing can enable private financial operations while preserving on-chain verification and controlled regulatory access.The post Real to partner with iExec on privacy-focused institutional RWA operations appeared first on CoinJournal.

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Coins.ph adds BTC and ETH payments to the Philippines QRPh system.Users can spend crypto at 700,000 QRPh-enabled merchants.Stablecoins remain key for remittances and daily crypto payments.Coins.ph has expanded its QRPh crypto payment functionality to support Bitcoin and Ethereum transactions, broadening the use of digital assets within the Philippines’ national QR payment infrastructure.The Manila-based crypto platform announced on May 19 that users can now pay merchants nationwide using Bitcoin (BTC) and Ethereum (ETH) through QRPh, the national QR code standard developed by the Bangko Sentral ng Pilipinas (BSP).The expansion builds on Coins.ph’s earlier rollout of QRPh-compatible stablecoin payments, which introduced support for USDT earlier this year.Under the system, crypto balances are automatically converted into Philippine pesos during checkout, allowing users to pay merchants directly without manually converting digital assets into local currency beforehand.Coins.ph estimates that the integration enables crypto payments across approximately 700,000 QRPh-enabled merchants throughout the country.Crypto payments expand within national QR infrastructureThe latest update broadens the range of cryptocurrencies supported within the Philippines’ existing QR payment ecosystem.QRPh serves as the national QR code standard designed to enable interoperable digital payments between financial institutions and merchants across the country.Earlier this year, Coins.ph became the first digital wallet provider in the Philippines to integrate direct crypto payments into the national QR infrastructure through stablecoin support.The company said the earlier USDT rollout generated substantial transaction volume and demonstrated growing consumer demand for crypto-based payments integrated into everyday financial activity.With the addition of Bitcoin and Ethereum, Coins.ph is now extending access to two of the world’s largest cryptocurrencies while maintaining the same checkout experience used for stablecoin payments.The company said the process allows users to scan QRPh codes at merchants while the system automatically converts crypto into Philippine pesos in real time.Stablecoins remain central to remittance use casesCoins.ph said stablecoins continue to play a key role within the broader payment infrastructure, particularly given the Philippines’ position as one of the world’s largest remittance markets.The country receives approximately $38 billion in annual remittance inflows, according to the company.Stablecoins have increasingly become part of cross-border payment flows, allowing recipients to receive and hold digital dollar-denominated assets before converting or spending them locally.Coins.ph said the QRPh integration enables users to move between fiat currency and digital assets within a single payment flow, removing additional conversion steps that are often required in crypto transactions.The addition of Bitcoin and Ethereum broadens supported payment assets while preserving what the company described as a unified payment experience focused on practical daily use.Coins.ph highlights broader crypto adoption growthCoins.ph operates as a licensed Virtual Asset Service Provider and Electronic Money Issuer under BSP regulation.The Philippines remains one of the fastest-growing crypto markets globally. According to estimates cited by the company, the country now has more than 15 million crypto users, representing roughly 13.4% of the population.Wei Zhou, CEO of Coins.ph, said:“The addition of new tokens to our QRPH crypto payments feature is a great achievement following the landmark introduction of USDT payments for the Philippine financial landscape. We aren’t just adding new tokens; we are redefining what a digital wallet can do. This is the future of finance in action and we’re making the world’s most popular cryptocurrencies a functional part of the Filipino daily life.”Coins.ph said its broader platform combines digital assets, payments infrastructure, remittances, foreign exchange…

Ethereum is testing the $2,140 level after an intraweek low near $2,070.A technical breakdown raises the risk of a sharp decline to $1,350, CryptoQuant notes.Bullish catalysts could include regulatory clarity and continued institutional demand.Ethereum (ETH) briefly traded back above the $2,100 level on Wednesday after gaining about 1% over the past 24 hours as Bitcoin reclaimed the $77,200 mark.While the rebound offered some relief for bulls, the altcoin remains under pressure following a sharp weekly decline.Technical indicators continue pointing to elevated downside risk, with some analysts warning that ETH could face a deeper correction toward the $1,350 level.Ethereum price todayMarket data during the US session on Wednesday showed Ethereum testing the $2,140 zone after rebounding from intraweek lows near $2,070.The rebound followed several sessions of heavy selling, although ETH remains well below recent swing highs.Ethereum is currently trading nearly 7% lower for the week and roughly 28% lower year to date.The Relative Strength Index (RSI) is hovering near oversold territory, which may suggest conditions for a short-term relief bounce.However, ETH continues trading below all major moving averages on the daily chart, signaling that bearish momentum remains dominant.Could ETH fall to $1,350 after a bearish breakdown?One of the primary concerns for bulls is Ethereum’s breakdown below the support trendline of a triangle pattern.The latest sell-off confirmed the structural breakdown on the daily chart, raising concerns that price action could mirror a similar technical failure earlier this year.At the time, Ethereum’s price declined sharply from the $2,800–$3,000 range, falling roughly 35% over several days in February. If similar market conditions develop again, analysts warn that selling pressure could intensify further.Analysts at CryptoQuant highlighted the downside risk in a recent market note.“If Ethereum fails to reclaim the broken triangle structure, selling pressure could accelerate further, and price may target the $1,350 support level,” CryptoQuant author and analyst Pelin Ay wrote.Macro conditions and weakening market flows have also added pressure to Ethereum’s price outlook.Ethereum Price Chart Ethereum price could crash to $1,350. Chart by CryptoQuantEthereum’s recent weakness has tracked Bitcoin’s broader lack of momentum, with BTC slipping toward the $76,000 area in recent sessions.Meanwhile, spot Ethereum ETFs have recorded seven consecutive days of net outflows.Persistent outflows have increased concerns that the recent technical breakdown could develop into a more prolonged downtrend.Contrasting views and potential support levelsNot all market participants remain bearish on Ethereum’s longer-term outlook.Bitmine’s Tom Lee said the recent pullback could represent a “buy low” opportunity, particularly as Bitmine’s treasury holdings now exceed 4.37% of Ethereum’s circulating supply.Some bullish investors continue pointing to longer-term catalysts, including stablecoin growth on Ethereum, increasing staking adoption, and expanding interest in tokenized real-world assets (RWA).Market participants are also monitoring regulatory developments that could influence broader institutional adoption trends over time.In the near term, traders will closely watch whether buyers can push ETH back above the $2,200–$2,400 resistance zone.Failure to reclaim that range could expose the token to another decline below $2,000, with some analysts identifying $1,350 as a possible downside target.The post Ethereum retests $2,100, but could ETH crash amid technical breakdown? appeared first on CoinJournal.

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BingX recorded 565 new perpetual listings since 2025, averaging 35 new contracts monthly.The report identified BingX as having one of the strongest market share growth trajectories.BingX led in new listings of AI-related assets.BingX, a leading cryptocurrency exchange and Web3-AI company, today announced a partnership with CoinGecko for the release of the 2026 State of Crypto Perpetuals Report, an in-depth study examining the evolution of the perpetuals market across centralized and decentralized exchanges.The report identified accelerating growth in trading tied to tokenized real-world assets (RWAs), AI-linked markets, and multi-asset products, trends that closely align with BingX’s leadership in multi-asset trading.Moreover, the report indicated that trading related to RWAs accelerated sharply in 2026, with first-quarter volumes already surpassing total 2025 levels.It also highlighted growing traction for stock perpetuals and other traditional finance-linked products as traders increasingly seek continuous access to diversified markets through crypto-native infrastructure.According to CoinGecko’s 2026 State of Derivatives Report, BingX Experienced Strong Growth:#2 Perpetual Listings Globally: BingX recorded 565 new perpetual listings since 2025, averaging 35 new contracts monthly, and among the highest number of new listings of any exchange.Fastest Derivatives Growth Into 2026: The report identified BingX as having one of the strongest market share growth trajectories, increasing its derivatives market share by 58% entering 2026 and YoY growth exceeding 66%, bucking the overall trend and driven by large RWA asset growth.BingX TradFi Suite Expansion: BingX expanded its RWA perpetual offerings with tokenized equity products tied to global companies, including major stocks.AI-Related Perpetual Markets: BingX led in new listings of AI-related assets, which represented the largest category of new BingX perpetual listings, totaling 111 new markets.Reflecting the company’s Infinite Vision strategy of delivering early access to trending narratives and new market opportunities, BingX has also expanded into alternative investment exposure through the launch of SpaceX pre-IPO and OpenAI pre-IPO perpetual trading.BingX also introduced EventX to its Futures lineup, alongside Standard & Perpetual Futures, Copy Trading, and TradFi Markets.EventX is an innovative contracts product that enables users to trade on the outcomes of major global events and digital assets.Together, these developments reflect BingX’s broader vision of building a unified multi-market trading environment that bridges crypto and traditional finance while evolving alongside changing user and market demands.About BingX Founded in 2018, BingX is a leading crypto exchange and Web3-AI company, serving over 40 million users worldwide.Ranked among the top five global crypto derivatives exchanges and a pioneer of crypto copy trading, BingX addresses the evolving needs of users across all experience levels.Powered by a comprehensive suite of AI-driven products and services, including futures, spot, copy trading, and TradFi offerings, BingX empowers users with innovative tools designed to enhance performance, confidence, and efficiency.BingX has been the principal partner of Chelsea FC since 2024, and became the first official crypto exchange partner of Scuderia Ferrari HP in 2026.For media inquiries, please contact: media@bingx.comFor more information, please visit: https://bingx.com/The post BingX shows robust 66% growth YoY in CoinGecko perpetuals report appeared first on CoinJournal.

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Key takeawaysZEC is up 12% in the last 24 hours, making it the second-best performer in the top 10.The coin could rally past the $700 mark in the near term. ZEC rallies as broader crypto market underperformsZEC, the native coin of the Zcash ecosystem, is up 12% in the last 24 hours, making it the second-best performer among the top 20 cryptocurrencies by market cap.The rally allowed ZEC to hit the $692 mark earlier today, adding 26% to its market cap so far this week.ZEC’s rally over the past few days comes as regulatory clarity for ZCash has improved following the U.S. Securities and Exchange Commission’s announcement closing its investigation into the Zcash Foundation. The Zcash Foundation also reported holding approximately $36.7 million in liquid assets, mostly in ZEC, according to its Q1 update. Core technical development continues on the Zcash protocol despite organizational changes at the Electric Coin Company.Zcash technical outlook: ZEC targets higher resistance levels above $700The ZEC/USD 4-hour chart is extremely bullish as Zcash has only been outperformed by Hyperliquid over the last seven days. At press time, ZEC is trading at $655 after hitting the $692 level. The momentum indicators are extremely bullish, suggesting that the buyers are in full control. The RSI of 70 means that ZEC is now in the overbought region. The coin could undergo a correction, but the current momentum remains bullish. The MACD lines are also within the overbought territory.If the rally continues, ZEC could extend its gains past $700 and hit the $745 resistance level for the first time since November. An extended rally would allow ZEC to target the $800 psychological level.ZEC/USD 4H ChartHowever, if the market undergoes a correction, ZEC could retest the $580 low created on Wednesday. Failure to defend this support level could expose ZEC to lower demand zones around $485.The post Zcash approaches $700 as buying pressure builds appeared first on CoinJournal.

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Key takeawaysDOGE is up by nearly 1% and is now trading above $0.10.The rally comes as memecoins recorded gains amid the broader crypto market recovery.Memecoins surge higher as market reboundsDogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) are extending their recovery on Thursday following recent corrections.The positive performance comes as market sentiment helps lift major meme coins. Renewed optimism around a potential peace agreement between the United States and Iran has also contributed to the broader rebound across crypto markets.Dogecoin is showing a very strong technical structure after rebounding from a key support zone. The coin is now approaching a major moving average level that could determine its next directional move.Dogecoin price outlook: DOGE rebounds from key support zoneThe DOGE/USD 4-hour chart is bearish and efficient despite Dogecoin adding 1% to its value. The leading memecoin faced rejection at the weekly resistance level of $0.119 last week, triggering a decline of more than 11% through Tuesday.However, it has now bounced back above $0.10 after retesting a key support area around the previous trendline breakout zone, which aligns with the daily support at $0.102,At the moment, DOGE is approaching the 200-day Exponential Moving Average (EMA) at $0.106.If the memecoin closes the daily candle above the 200-day EMA, it could strengthen its bullish momentum and open the path toward a retest of the $0.119 weekly resistance.The momentum indicators suggest that the buyers are stepping in. The Relative Strength Index (RSI) is hovering near 43, indicating neutral conditions after the recent pullback. Meanwhile, the Moving Average Convergence Divergence (MACD) remains in negative territory, suggesting that upside momentum is still fragile and could face resistance from overhead moving averages.DOGE/USD 4H ChartHowever, if the sellers return and DOGE drops below the $0.102 support, the bearish trend could push the price below the psychological level of $0.100.Currently, DOGE remains in a short-term recovery phase, but traders are closely watching whether it can reclaim key technical levels to confirm a stronger bullish continuation.The post Dogecoin extends recovery as meme coins regain momentum appeared first on CoinJournal.

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Mantle price rose to near $0.70, supported by rising volume.Daily indicators (RSI, MACD) favor short-term upside, but the price remains below a key downtrend line.Key resistance looms at $0.71 and support at the $0.60-$0.57 zone.Mantle climbed nearly 10% on Thursday, reaching intraday highs above $0.69 as a broader altcoin rebound lifted market sentiment.The move mirrored gains across several mid-cap projects, including Hyperliquid, Zcash, and NEAR, and was accompanied by increased trading volume and renewed attention toward real-world asset (RWA) integrations within Mantle’s ecosystem.While the technical picture supports further short-term upside, bears remain active near the intraday peak, and a pullback cannot be ruled out.Mantle price retests barrier near $0.70The MNT token’s intraday highs marked a decisive retest of the key psychological and technical resistance level at $0.70.The move comes as bulls attempt to secure a second consecutive green daily candle following a recent dip to $0.61.Notably, trading volume expanded alongside the rally, rising 116% to $46 million and signaling stronger buying interest.Mantle is among the crypto tokens benefiting from growing market discussion around RWA projects, with institutional demand expected to rise if the SEC moves forward with allowing blockchain-based tokenized stock trading.Recent ecosystem developments have also supported bullish sentiment. These include xStocks integrating xChange (Atomic RFQ) on Mantle, the launch of $BILL, and KelpDAO enabling rsETH withdrawals, bridging, and claims.However, the key question remains whether MNT can break through the $0.70 supply zone.MNT price predictionThe recent rally places Mantle in a short-term bullish position.Daily technical indicators show a bullish Relative Strength Index (RSI), while the MACD is signaling a potential bullish crossover, both of which support continued upside momentum.MNT’s recovery above the $0.65 level also places the token back above short-term moving averages, typically encouraging additional buy-side activity from momentum traders.However, broader trend indicators still suggest a mixed outlook.Mantle Price ChartMantle price chart by TradingViewThe Average Directional Index (ADX) and Commodity Channel Index (CCI) remain largely neutral, indicating that while momentum has shifted in favor of bulls, conviction is still limited.Crucially, MNT remains below a prevailing downtrend line, which could cap further gains unless the token closes and holds above that resistance level.Sellers may also focus on key moving averages acting as supply zones, with the 100-day EMA near $0.71 and the 200-day EMA around $0.82.If momentum continues higher, the 100-day SMA near $0.84 could present another resistance level.On the downside, failure to hold above $0.65 and a decisive move below $0.60 could invalidate the near-term bullish outlook.In that scenario, downside pressure could intensify, with immediate support levels near $0.60 and then $0.57. The post Mantle (MNT) jumps 10% to extend gains but can bulls break $0.70 resistance? appeared first on CoinJournal.

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Aster price surged to $0.74 amid a 300% increase in 24-hour trading volume.Rally aligns with broader capital rotation into altcoins led by Hyperliquid.ASTER bulls need a close above $0.75 for continuation; a close below $0.65 would risk renewed selling.Aster (ASTER) recorded modest gains, rising to near $0.74 as traders piled into multiple altcoins seen as offering higher profit potential amid Bitcoin’s ongoing struggle.Although ASTER later pulled back from its peak, the move highlighted renewed speculative capital flowing into niche derivatives and decentralized perpetual markets.ASTER price jumps amid 24-hour volume spikeThe perpetual DEX protocol’s token may be benefiting from a broader rotation into altcoins and renewed interest in perpetuals-related listings, helping drive a triple-digit surge in daily trading volume.Market data shows the ASTER token tested intraday highs near $0.74 before pulling back slightly amid profit-taking.MediaAster price chart by CoinMarketCapBefore slipping to around $0.70, ASTER had climbed to levels last seen a week ago.Bullish sentiment pushed 24-hour trading volume to roughly $256 million, up 300% from the previous day.That surge in activity helped bulls lift the token higher before profit-taking trimmed gains. At the time of writing, ASTER was still up about 5% on the day.Can ASTER mirror Hyperliquid rally?Strength in high-beta altcoins may partly explain Aster’s rebound, with broader capital rotation into altcoins particularly visible among perpetuals-focused projects.The standout performer has been Hyperliquid, whose HYPE token has surged more than 19% over the past 24 hours and 46% over the past week.HYPE reached a new all-time high above $62 on Thursday amid growing institutional demand.Asset manager Grayscale Investments was among the notable buyers, reportedly purchasing more than 115,700 HYPE during the session.JUST NOW: $HYPE HITS NEW ATH ABOVE $62, MARKET CAP REACHES $15B— The Wolf Of All Streets (@scottmelker) May 21, 2026Liquidity and trader attention also appear to be flowing into Aster and related tokens.The addition of a SpaceX pre-IPO perpetual contract with up to 5x leverage on Aster’s platform may have further fueled speculative inflows, as traders sought leveraged exposure to a headline-grabbing underlying asset.Aster price forecastThe near-term outlook for ASTER depends on whether the recent volume-driven rally can sustain momentum or fade into a short-lived breakout.Bulls will need to maintain buying pressure and push the price decisively above the $0.75 resistance level.A strong, volume-backed close above that threshold could increase the likelihood of further gains as momentum traders and retail investors continue chasing upside.On the other hand, fading buyer interest could open the door to renewed downside pressure.A close below $0.65 may trigger additional selling as traders who entered during the spike begin rotating out, while short-term momentum traders turn bearish.Key support levels to watch remain in the $0.65-$0.60 range, where previous intraday buyers established positions. The post Aster price gains amid 300% volume spike – can it mirror HYPE rally? appeared first on CoinJournal.

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REAL Finance signs first securities tokenization deal with Factori AD.Agreement activates institutional pipeline exceeding $100 million in assets.Pilot covers 5 million Alpha Bulgaria warrants valued near €2.75 each.REAL Technologies Inc., the parent company of REAL Finance, has signed its first securities tokenization agreement with Factori AD, a fully licensed and EU-regulated investment broker.The deal marks the first live deployment of REAL Finance’s infrastructure for regulated securities and activates an institutional pipeline of more than $100 million in client assets.The initial transaction will involve equity derivatives linked to Alpha Bulgaria AD, a Bulgarian Stock Exchange-listed investment company, and will be executed on an EVM-compatible blockchain before the planned launch of REAL Finance’s Layer 1 mainnet.REAL Finance moves from infrastructure build-out to live deploymentREAL Technologies said the agreement with Factori AD represents a major step in the commercial rollout of REAL Finance’s tokenization infrastructure.The company said the deal activates a committed institutional pipeline exceeding $100 million in client assets.It also marks the first live deployment of REAL Finance’s tokenization infrastructure for regulated securities.Under the structure, Factori AD will direct institutional and client assets through REAL’s infrastructure.The broker will continue to manage all regulated brokerage functions, including client onboarding, KYC, AML compliance, licensed OTC execution, and segregated custody arrangements.International securities custody will be maintained through Bank of New York. Bulgarian securities will be held at the Central Depository in Bulgaria.The model is designed to keep regulated brokerage and compliance functions with the licensed broker, while REAL Finance provides the infrastructure and settlement layer for tokenization.REAL Finance said its approach focuses exclusively on tokenizing real securities.These include publicly traded equities and derivatives, private market shares, and bonds. The company said it does not focus on synthetic exposure products.First tranche linked to Alpha Bulgaria warrantsThe first transaction under the agreement involves equity derivatives tied to Alpha Bulgaria AD, a publicly traded investment company listed on the Bulgarian Stock Exchange under the ticker ALFB.The pilot includes 5,000,000 warrants currently valued at approximately €2.75 each.These warrants have been designated for tokenization through REAL’s infrastructure under Factori AD’s licensed custody and transfer-agent framework.The transaction represents the first tranche of a broader institutional pipeline.Factori AD has committed more than $100 million in additional client assets for tokenization through REAL’s infrastructure.The transaction will be executed on an EVM-compatible blockchain before the planned launch of REAL Finance’s Layer 1 mainnet.REAL Technologies said the pilot is designed to validate the full workflow for tokenized securities.That workflow includes regulated sourcing, licensed OTC execution, regulated custody, and on-chain tokenization.Dimitar Tsvetanov, managing director at Factori AD, said institutional interest in regulated tokenization infrastructure is growing.We see growing institutional demand for regulated tokenization infrastructure that can bridge traditional securities markets with blockchain-based settlement systems. Through this agreement with REAL Finance, we are able to provide clients with a compliant framework for bringing real financial instruments on-chain while maintaining regulated execution, custody, and onboarding standards.Regulated custody remains central to the modelREAL Technologies positioned the agreement as evidence that its tokenization model is now operational and under contract with a regulated broker.“Signing this agreement demonstrates that REAL’s tokenization capabilities are operational and under contract with real securities and a regulated broker. The pilot allows us to validate the…

AI developments helped push NEAR Protocol trading volume over $1 billion.The price of NEAR coin broke above a multi-year bearish trendline.Eyes are now on the support at $2.20 and the resistance at $2.30 for the next move.NEAR Protocol surged nearly 29% in the last 24 hours, making it one of the strongest-performing large-cap cryptocurrencies in the market today.The rally pushed the token to around $2.26 after trading as low as $1.73 earlier in the day.Near Protocol priceNEAR’s trading activity also climbed sharply, with daily volume approaching $1 billion as momentum accelerated across major exchanges.The reason why the Near Protocol coin price is risingOne of the biggest drivers behind the latest Near Protocol price jump is the growing interest in AI-focused blockchain projects.NEAR Protocol has increasingly been associated with the AI sector due to its recent product developments, including AI integrations, intent-based transactions, and tools designed for autonomous agents.The project recently highlighted progress around its NEAR Legion project.The concept focuses on allowing AI agents to interact with blockchain networks, execute transactions, and coordinate activities without requiring constant human input.This narrative has gained traction as the broader technology sector shifts attention toward agentic AI systems.Notably, NVIDIA CEO Jensen Huang has repeatedly discussed the growing role of agentic AI in future software and computing systems.That trend has spilled over into the crypto market, where traders are now looking at blockchain networks that could support machine-to-machine transactions and decentralised AI infrastructure.NEAR Protocol has also expanded its Intents framework, which simplifies cross-chain interactions and transaction execution.The technology is designed to let users or AI agents specify desired outcomes rather than manually executing every transaction step.The market has responded positively to this development because it addresses one of crypto’s biggest problems: user experience.Another development that attracted attention this week was the launch of PII anonymisation tools by NEAR AI.The feature is designed to improve privacy for large language model applications by protecting sensitive information before it reaches AI systems.Privacy-focused AI infrastructure has become an important discussion point as companies and developers face growing concerns around data protection and compliance.The AI angle around NEAR carries additional weight because of the project’s leadership.NEAR co-founder Illia Polosukhin previously co-authored the “Attention Is All You Need” research paper, which introduced the Transformer architecture that powers modern AI models such as ChatGPT and Gemini.Analysts have increasingly pointed to this connection as evidence that NEAR’s AI strategy is more than just branding.Technical breakout and short liquidations accelerated the rallyBeyond the AI narrative, technical factors also played a major role in today’s rally.NEAR recently broke above a multi-year descending trendline that had capped its price since the 2022 bear market.Analysts had been watching the $1.90 resistance zone closely because it acted as a ceiling during several previous recovery attempts.Once the token moved above that level, buying momentum accelerated rapidly.The breakout was accompanied by a sharp rise in trading volume, which is often viewed as confirmation that a move has strong market participation behind it.NEAR also reclaimed several major moving averages during the rally, improving the token’s overall technical structure.Short liquidations added further fuel to the move. Data from derivatives markets showed that most crypto liquidations tied to NEAR over the past 24 hours came from short positions.As the price continued to rise, traders betting against the token were forced to buy back their positions, creating additional upward pressure.NEAR price forecastThe Near Protocol token has gained nearly 60% in the last 30 days and is now up more than…

XRP is holding a tight range near $1.35–$1.36 under pressure.Most moving averages and signals still show a dominant downtrend.RSI weakness suggests a pause, with $1.35 acting as key support.XRP is trading at $1.36, sitting almost directly on a key short-term support zone after a steady decline across multiple timeframes.The price has slipped 7.4% over the past seven days and 6.4% over the past month, extending a broader downtrend that has now reached a 44% drop over the past year.This puts the current market situation of the Ripple token at the centre of a critical decision point, where bulls and bears are actively testing whether the support at $1.35 can hold.XRP has entered a tight consolidation phaseXRP has been moving inside a very narrow range between $1.35 and $1.38 over the past 24 hours.XRP price analysisThis tight consolidation often reflects hesitation in the market, where neither bulls nor bears have enough momentum to force a clear breakout.The lower boundary of this range, $1.35, has now become the immediate level to watch.A clean breakdown below this point would place XRP into a weaker technical structure, with little short-term support visible beneath it.On the upside, the $1.38 level remains the first resistance barrier, and price has repeatedly failed to sustain moves above it in recent sessions.But despite this compression, momentum indicators suggest the market is still leaning cautiously.The 14-day RSI sits at 41.94, which is neutral but tilted toward weakness.On the weekly chart, RSI drops further to 38.67, which is commonly interpreted as oversold territory.This divergence between timeframes suggests that while short-term selling pressure is cooling, longer-term momentum remains under stress.XRP’s technical structure remains under bearish controlA broader look at the trend shows that XRP is still trading below all major exponential moving averages (EMAs) on the daily chart.These include the 10-day, 20-day, 50-day, 100-day, and 200-day EMAs, which are all positioned above the current price.This signals a clear bearish structure, where every major trend line is acting as resistance rather than support.In technical terms, this type of stacking usually reflects a market that has not yet completed a full reversal phase.In addition, out of 23 tracked technical indicators, 13 are currently pointing to sell signals, while only 3 suggest buying conditions, and 7 remain neutral.Moving averages alone account for 12 sell signals with zero buy signals, reinforcing the view that the long-term trend has not shifted back in favour of buyers.At the same time, oscillators like the MACD and the RSI present a slightly different picture. With 3 buy signals against 1 sell signal, short-term momentum indicators show early signs of stabilisation.However, this has not yet been strong enough to counter the dominant bearish trend formed by the moving averages.The next directional move will depend heavily on whether buyers can defend the $1.35 support zone or whether selling pressure forces a breakdown into lower price territory.Short-term estimates point to movement toward $1.39, while broader yearly forecasts place 2026 within a wide range between $0.82 and $2.12.The post XRP price outlook: will the $1.35 support hold or break? appeared first on CoinJournal.

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Key takeawaysCelestia (TIA) climbed above $0.4400 on Friday, marking its third consecutive day of gains this week.The coin could extend its rally towards the $0.50 psychological level.Celestia (TIA) climbed above $0.4400 on Friday, marking its third consecutive day of gains this week. The rally appears to be driven largely by growing retail interest and rising social media attention rather than a major fundamental catalyst.With momentum indicators strengthening and price approaching a key resistance zone, traders are now watching whether TIA can sustain its rebound and push toward the $0.50 level.Retail demand and social buzz boost TIATIA is up10% in the last 24 hours and is now trading above $0.4400 per coin. Retail participation in Celestia has surged as the token emerges as one of the stronger performers in the broader crypto market.According to CoinGlass data, TIA’s Open Interest (OI) climbed to $68.17 million, rising more than 10% in the past 24 hours. The increase suggests growing leveraged trading activity and heightened speculative interest.At the same time, TIA’s funding rate stands at 0.0042%, indicating traders are paying a premium to maintain long positions — a sign of bullish market sentiment.Santiment data also highlights a sharp increase in social engagement surrounding Celestia.The token’s social dominance rose to 0.024% of all crypto-related discussions, signaling growing attention from retail traders and online communities.The combination of rising Open Interest and increased social buzz suggests speculative momentum is currently driving the rally.Celestia technical outlook: Bulls regain controlThe TIA/USD 4-hour chart has flipped bullish as Celestia has surged by more than 15% in the last seven days.The rally began with a strong 6% rebound on Wednesday and has since pushed TIA above several important technical levels, including the 100-day EMA at $0.4015 and the 50% Fibonacci retracement level at $0.4104These levels are measured from the January 13 high of $0.6257 to the February 6 low of $0.2693.If the rally persists, the next major resistance lies between $0.4596 and $0.4722, a supply zone that previously rejected bullish attempts earlier this month.A daily candle break above these levels could pave the way for TIA to extend its rally towards the $0.5224 resistance zone.Technical indicators continue to favor bullish momentum. The Relative Strength Index (RSI) sits at 67, suggesting buying pressure remains healthy without entering overbought territory.The MACD indicator is moving toward a bullish crossover as negative histogram bars continue to shrink, signaling weakening bearish momentum.Together, these signals suggest the current recovery still has room to extend higher if buyers maintain control.TIA/USD 4H ChartHowever, if TIA loses momentum near resistance, traders will likely focus on several key support zones. The first major support zone is the $0.4104 level, which served as a previous demand region.Failure to defend this support could expose lower demand zones like the 100-day EMA at $0.4015 and the 50-day EMA at $0.3844. Holding above these levels would help preserve the token’s short-term bullish structure.The post Celestia (TIA) extends recovery above $0.44 as retail traders fuel rally appeared first on CoinJournal.

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Key takeawaysPI is up by 2% in the last 24 hours and maintains its value above $0.1500.The momentum indicators suggest a potential recovery in the near term. Pi Network trades steadily above $0.1500 on Friday as recent exchange data points to mild accumulation activity. While the token continues to face resistance near $0.1550, declining selling pressure and growing CEX outflows are supporting a cautiously bullish short-term outlook.CEX outflows signal growing demand for PIA decline in token balances on Centralized Exchanges (CEXs) is often viewed as a positive sign, as it suggests investors are moving assets into private wallets rather than preparing to sell.According to PiScan data, roughly 400,000 PI tokens were withdrawn from exchanges over the past 24 hours. The steady reduction in exchange reserves may indicate renewed short-term demand and could help fuel Pi Network’s next recovery attempt if the trend continues.PI technical analysis: PI faces key resistance near $0.1550The PI/USD 4-hour chart remains bearish despite the positive performance today. At the time of writing, PI trades around $0.1536, remaining below both the 50-period Exponential Moving Average (EMA) at $0.1573 and the 200-period EMA at $0.1680.For bullish momentum to strengthen, PI must break above the $0.1550 resistance zone and reclaim the 50-period EMA. A successful breakout could pave the way for a move toward the 200-period EMA near $0.1680.Technical indicators suggest sellers may be losing control in the short term. The Moving Average Convergence Divergence (MACD) indicator and its signal line continue trending upward, although both remain below the zero line. This points to a potential recovery phase within a broader bearish structure.Meanwhile, the Relative Strength Index (RSI) hovers near the neutral 50 level, signaling balanced momentum as downside pressure gradually fades.PI/USD 4H ChartIf the bearish trend returns, immediate support emerges at Tuesday’s low of $0.1463. A break below this level could expose PI to further weakness and potentially retest its all-time low near $0.1310.As long as support holds and exchange reserves continue falling, traders may keep watching for signs of a bullish breakout above the $0.1550 resistance zone.The post Pi Network holds above $0.1500 as exchange outflows hint at recovery appeared first on CoinJournal.

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Ondo Finance token is down 4% after Nathan Allman’s death announcement.Ian De Bode officially takes over as Ondo Finance CEO.Ondo TVL holds above $2.67 billion amid market uncertainty.ONDO token fell nearly 4% over the past 24 hours after news emerged that Ondo Finance founder Nathan Allman had passed away unexpectedly.The token traded around $0.421 at the time of writing, down from an intraday high of $0.444.Trading activity also increased sharply, with daily volume climbing to more than $229 million as investors reacted to the development.The decline interrupted what had been a strong recovery period for ONDO.The token had gained close to 62% over the past 30 days, supported by growing interest in real-world asset (RWA) tokenisation and expanding institutional involvement in blockchain-based financial products.What caused Nathan Allman’s death?Ondo Finance confirmed that Nathan Allman died unexpectedly on May 26, 2026. However, the company did not disclose the cause of death.The lack of details led to widespread speculation across the crypto community, though Ondo leadership requested privacy for Allman’s family and close associates.Several major figures in the digital asset industry publicly shared tributes following the announcement.Former Binance CEO Changpeng Zhao was among those who reacted publicly, alongside Mantle and Compound founder Robert Leshner.Messages from industry participants described Allman as one of the key figures driving institutional adoption of tokenised assets.Allman became widely associated with the idea that blockchain technology could modernise capital markets through around-the-clock settlement and easier global access to financial products.Under his leadership, Ondo Finance established relationships with institutions including JPMorgan Chase, Franklin Templeton, Broadridge Financial Solutions, and BlackRock.Ondo Finance has become one of the biggest names in the tokenised treasury market over the past two years.The platform currently holds more than $2.67 billion in total value locked, placing it among the leading projects focused on bringing traditional financial products onto blockchain networks.Allman played a central role in that growth. Before launching Ondo Finance in 2021, he worked on Goldman Sachs’ digital assets team and previously had experience in private credit investing. He later built Ondo into one of the most recognised real-world asset platforms in the crypto sector.The company’s products include OUSG, which offers tokenised exposure to short-term US Treasuries, and USDY, a yield-bearing digital dollar product backed by treasury assets.Ondo also expanded into tokenised equities infrastructure through Ondo Global Markets.Ian De Bode named Ondo Finance CEOOndo Finance moved quickly to address leadership concerns by naming Ian De Bode as the company’s new CEO.It is with profound sadness that we announce the unexpected passing of Nathan Allman, Ondo's founder. Our hearts are with his family and loved ones.Nate’s brilliance, humility, and drive shaped every part of what Ondo is today. His belief in the power of technology to create a…— Ondo Finance (@OndoFinance) May 25, 2026De Bode previously served as Ondo’s president and had already been overseeing strategy, product development, and operations for more than two years before the transition.His background includes work at McKinsey’s digital assets division, giving him direct experience in institutional blockchain adoption and financial infrastructure.The company stated that its long-term roadmap would continue without changes despite the leadership shift.That message appeared aimed at calming investors and institutional partners following the sudden news.What to expect in the coming daysDespite the sharp emotional reaction from the community, ONDO’s price movement remained relatively controlled compared to previous major crypto leadership events.The coming days will likely focus on whether ONDO can maintain support above the $0.40 range as markets digest the leadership transition.Short…

RENDER surged 18% to $2.35 on strong volume and activity.Wallet growth, open interest, and EMA breakout drive momentum.Break below $2.18 support or above $2.50 resistance will define the next price direction.Render (RENDER) has recorded a sharp upward move, rising about 18.1% in 24 hours to around $2.35 and outperforming the broader crypto market.The rally is supported by a combination of stronger on-chain activity, rising derivatives demand, and a clear technical breakout that has shifted market momentum in its favour.Trading activity over the past 24 hours has increased significantly, with volume reaching nearly $295 million, showing that the move is backed by real participation rather than thin liquidity conditions.On-chain growth and derivatives activity fuel RENDER demandOne of the strongest drivers behind the recent move has been a noticeable increase in network usage.Daily active addresses have climbed to 394, marking a 12-week high, while new wallet creation has reached 118, also the highest level in the same period.📈 Render’s on-chain activity has seen a major breakout in late May, jumping back above $2.25 for the first time in over 4 months. Daily active addresses climbed to 394 in a single day with 118 new wallets created, both hitting their highest marks in 12 weeks. These two metrics… pic.twitter.com/gFJAl2ipJj— Santiment Intelligence (@SantimentData) May 26, 2026This increase in activity suggests that more users are interacting with the Render network during the price surge rather than after it.At the same time, derivatives markets have shown a sharp rise in speculative interest.Open interest has increased by 47%, while derivatives trading volume has surged by 126%, indicating a rapid buildup of leveraged positions.This combination of higher user activity and rising futures participation has strengthened the momentum behind the rally.The increase in both on-chain activity and derivatives positioning shows that the move is being driven by both real network engagement and speculative trading demand at the same time, a combination that often leads to faster price expansion phases in crypto markets.Descending triangle breakout strengthens bullish momentumThe RENDER token price has broken above a descending triangle pattern, a formation that typically signals a shift from downward pressure to upward momentum once resistance is cleared.RENDER priceIn addition, Render’s price is currently positioned above all major daily exponential moving averages, including the 10-day, 20-day, 50-day, 100-day, and 200-day EMAs.This full alignment of moving averages below the price indicates a strong bullish structure, where each previous resistance zone is now acting as potential support.Momentum indicators, however, show that the move is already stretched.The 14-day RSI is reading around 74, placing it in overbought territory.This RSI level has historically been associated with periods where profit-taking begins to build, especially after sharp short-term rallies.Market sentimentAlongside technical and on-chain signals, Render has also gained traction within broader market narratives.The token is among the top 10 most discussed AI-focused crypto projects, as attention around artificial intelligence (AI) and decentralised compute infrastructure continues to grow.The AI compute and DePIN (decentralised physical infrastructure networks) narratives have been key themes driving interest in Render, especially as traders rotate capital into projects linked to GPU rendering and distributed computing demand.This increased attention has contributed to faster inflows during breakout phases, reinforcing the upward price movement.RENDER price forecastLooking at the charts, short-term resistance is forming around the $2.37 to $2.38 region, which also represents a near-term pivot zone.If buying pressure continues and price holds above the breakout support area between $2.17 and $2.18, the next key upside level remains $2.50, which is viewed as the immediate technical target based on recent momentum…

RAIN coin price has surged 63% to $0.01318, setting a new ATH.$100M liquidity plan ahead of V2 and World Cup is fueling demand.Key support sits at $0.011, with $0.010 as the downside risk level.RAIN coin has recorded a sharp move in the past 24 hours, climbing 63.2% to $0.01324 and setting a new all-time high in the process.The token’s trading activity also picked up meaningfully, with 24-hour volume rising more than 50% to over $39 million, signalling active participation rather than a thin-liquidity spike.$100M liquidity plan is the main catalystThe biggest driver behind RAIN’s move is a $100 million liquidity commitment tied to the upcoming Rain V2 protocol upgrade and expansion into event-driven markets ahead of the FIFA World Cup cycle.According to details released by Rain Foundation, the liquidity package is split evenly into $50 million in USDT and $50 million in RAIN tokens.This structure is designed to deepen trading pools and improve execution quality for users interacting with prediction markets on the platform.The funding is also positioned to support market-making activity ahead of expected demand spikes tied to global sporting events.The announcement also framed Rain as moving into a stronger competitive position within the sector, claiming it would rank among the top three prediction markets globally by total value locked (TVL), alongside established platforms such as Polymarket and Kalshi.That positioning has added weight to the current rally, as traders increasingly price in a larger role for Rain in the prediction market sector heading into the V2 rollout.Technical breakout confirms strong buying pressureBeyond the fundamental catalyst, RAIN’s price action shows a clear technical breakout pattern.The token moved from below the $0.008 region to above $0.013 within a short window, breaking through its previous all-time high near $0.01195 set on May 26, 2026.The rally suggests aggressive buying rather than gradual accumulation.Price acceleration occurred in stages, with early resistance levels failing to hold once liquidity expanded into the market following the announcement.RAIN coin price forecastRAIN coin is now trading in a stretched but strongly trending structure after breaking into new all-time highs.The key technical level to watch on the downside is $0.011, which is the immediate support zone following the breakout.If price continues to hold above that level with sustained volume, the next short-term resistance area sits around $0.0125, which aligns with recent intraday congestion during the breakout phase.A stronger continuation move would require the market to maintain momentum above the current high region near $0.013, particularly if liquidity deployment updates from Rain Foundation are confirmed in the coming sessions.On the downside, a clean break below $0.011 would weaken the current structure and open the door for a pullback toward $0.010, where earlier consolidation took place before the breakout accelerated.The post Why did RAIN coin jump 60% to a new record high today? appeared first on CoinJournal.

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