hodler

19 May 2026, 06:22

$HTX Trading Volume Surges 393.5% on $HTX Frenzy Campaign

Panama City, May 18, 2026 – HTX successfully concluded its high-profile $HTX Frenzy campaign on May 15. The exchange allocated a 100,000 USDT prize pool toward the event, which spanned four primary tracks: asset holding, spot trading, grid trading, and HTX Earn subscriptions. According to official data, the campaign drew nearly 30,000 registered participants, with 93.6% of them maintaining active asset holdings. Average daily holdings among registered accounts rose by 318.1% compared to baseline figures before the campaign, while average daily spot trading volume jumped by 393.5%. The expansion in $HTX holdings and trading activity comes amid broader digital-asset market caution and constrained net capital inflows, reflecting the market’s growing recognition of $HTX’s long-term value and ecosystem potential. Eleven Consecutive Weeks of Gains: $HTX Charts Its Own Course Strong user confidence and surging participation metrics are clearly mirrored in $HTX’s secondary market performance. Market data shows that $HTX has recently staged an exceptionally strong rally, recording eleven consecutive weeks of gains while breaking above and standing firmly over the 60-week moving average (MA60). This is a strong indication of robust upward momentum. Source: HTX, as of May 18 Ecosystem Expansion Accelerates the $HTX Value Flywheel Behind this strong market performance is a rapid acceleration in $HTX ecosystem development initiatives led by HTX DAO and HTX. HTX DAO is moving ahead with the $HTX deflationary schedule. The platform previously completed the Q1 2026 $HTX token burn, permanently removing more than 10.83 trillion $HTX from circulation and further reinforcing market expectations around its long-term scarcity. Concurrently, HTX designated $HTX as its exclusive utility token for trading fee deductions. This strategically significant move directly ties HTX’s massive trading volume to the real-world utility of $HTX, generating sustained organic demand and providing strong underlying value support for the token. Meanwhile, initiatives such as the HTX Genesis Hackathon are continuing to gain momentum, attracting an increasing number of high-quality developers, innovative projects, and community contributors into the $HTX ecosystem, further strengthening the foundation for its long-term growth. The successful conclusion of HTX’s “$HTX Frenzy” event not only reflects the ecosystem’s recent phase of rapid expansion but also marks the beginning of a new chapter of value growth for $HTX. As HTX’s trading ecosystem continues to expand, HTX DAO further deepens ecosystem development, and more real-world use cases and developer resources converge around $HTX, the token is entering a healthy and self-reinforcing value flywheel. With additional ecosystem catalysts expected to kick off and materialize over time, $HTX is well positioned to demonstrate even stronger growth potential and long-term vitality across the broader crypto market. The post $HTX Trading Volume Surges 393.5% on $HTX Frenzy Campaign first appeared on HTX Square .

19 May 2026, 05:48

Ethereum Price Stabilizes After Selloff, But Bears Still Hold Advantage

Ethereum price started a fresh decline and traded below $2,120. ETH is now consolidating above $2,050 and might struggle to recover. Ethereum remained in a bearish zone after a sharp decline. The price is trading below $2,165 and the 100-hourly Simple Moving Average. There is a connecting trend line forming with support at $2,020 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,200 zone. Ethereum Price Consolidates Losses Ethereum price failed to remain stable above $2,200 and started a downside correction, like Bitcoin . ETH price dipped below the $2,165 and $2,150 levels. The price even traded below $2,020. A low was formed at $1,914 on Kraken, and the price is now attempting to recover most losses. There was a recovery wave above the 61.8% Fib retracement level of the downward move from the $2,198 swing high to the $1,914 low. Ethereum price is now trading below $2,165 and the 100-hourly Simple Moving Average . Besides, there is a connecting trend line forming with support at $2,020 on the hourly chart of ETH/USD. If the bulls remain in action above $2,020, the price could attempt another increase. Immediate resistance is seen near the $2,150 level or the 83.2% Fib retracement level of the downward move from the $2,198 swing high to the $1,914 low. The first key resistance is near the $2,175 level. The next major resistance is near the $2,200 level. A clear move above the $2,200 resistance might send the price toward the $2,250 resistance. An upside break above the $2,250 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,320 resistance zone or even $2,350 in the near term. Another Drop In ETH? If Ethereum fails to clear the $2,150 resistance, it could start a fresh decline. Initial support on the downside is near the $2,090 level. The first major support sits near the $2,050 zone. A clear move below the $2,050 support might push the price toward the $2,020 support. Any more losses might send the price toward the $1,940 region. The main support could be $1,920. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,020 Major Resistance Level – $2,190

19 May 2026, 04:30

Conflux’s [CFX] 11% drop – Here’s why you should be cautious despite Binance traders holding firm

Is it worth being cautious right now?

19 May 2026, 04:25

Pump.fun May Be Selling SOL Again After 9-Month Hiatus, On-Chain Data Shows

BitcoinWorld Pump.fun May Be Selling SOL Again After 9-Month Hiatus, On-Chain Data Shows On-chain data suggests that Pump.fun, the Solana-based platform known for issuing memecoins, may have resumed selling its SOL holdings after a roughly nine-month pause. According to blockchain analyst Lookonchain, a wallet linked to the platform deposited 174,408 SOL — worth approximately $14.76 million — to the Kraken exchange about 13 hours ago. Details of the On-Chain Activity Lookonchain reported that following the deposit, a new anonymous address withdrew 117,877 SOL (around $9.96 million) and quickly swapped it for 9.96 million USDC at an average price of $84.52 per SOL. That USDC was then also sent to Kraken. The analyst noted that this pattern of activity aligns with Pump.fun’s previous behavior of selling SOL through exchange deposits. This is not the first such signal. Lookonchain previously flagged a deposit of 82,700 SOL ($7.02 million) to Kraken from a Pump.fun-associated address, which the analyst described as a resumption of sales for the first time since August 12 of the previous year. The nine-month gap in selling activity had led to speculation that the platform was holding its SOL, possibly awaiting more favorable market conditions. What This Means for the Market Large-scale SOL sales by a prominent platform like Pump.fun can influence market sentiment and short-term price action. The platform accumulated significant SOL through fees generated from memecoin launches on Solana. A resumption of selling could signal that the platform is taking profits or rebalancing its treasury, which may put downward pressure on SOL’s price if the trend continues. Broader Context Pump.fun rose to prominence in 2024 as a low-barrier platform for creating and trading memecoins on Solana, generating substantial transaction volume and fee revenue. The platform’s SOL holdings have been a topic of interest among traders and analysts, as any large-scale liquidation could impact the broader Solana ecosystem. The current activity, while not confirmed by Pump.fun directly, aligns with a pattern of periodic profit-taking. It is important to note that the wallet attribution is based on on-chain analysis and has not been officially confirmed by Pump.fun or its team. Such analyses, while useful, carry inherent uncertainty, and readers should treat the information as indicative rather than definitive. Conclusion The on-chain evidence pointing to a resumption of SOL sales by Pump.fun adds a new layer of complexity to the current market dynamics. While the platform has not made any public statement, the data suggests a shift in its treasury management strategy. Traders and investors should monitor further deposits and official announcements for clearer signals. FAQs Q1: What is Pump.fun? Pump.fun is a platform on the Solana blockchain that allows users to easily create and trade memecoins. It gained popularity for its simple interface and low fees. Q2: Why does Pump.fun selling SOL matter? Pump.fun holds a significant amount of SOL from transaction fees. Large sales can affect SOL’s market price and signal the platform’s outlook on the token. Q3: Is the wallet address confirmed to belong to Pump.fun? No. The attribution is based on on-chain analysis by Lookonchain and has not been officially confirmed by Pump.fun. It remains an educated inference. This post Pump.fun May Be Selling SOL Again After 9-Month Hiatus, On-Chain Data Shows first appeared on BitcoinWorld .

19 May 2026, 04:00

Hyperliquid Faces Fresh Solana Threat As Toly Backs New Perp DEX

Hyperliquid’s lead in onchain perpetuals drew a fresh challenge from the Solana ecosystem after Solana co-founder Anatoly Yakovenko, known as Toly, argued that Solana needs its own atomically composable perp DEX inside the SVM. The debate comes as Hyperliquid is already trying to define its regulatory path in Washington during the advancement of the CLARITY Act. The exchange began with Hyperliquid co-founder Jeffrey Yan saying he had spent several days in Washington with the Hyperliquid Policy Center, meeting policymakers as the CLARITY Act advanced. According to him, the discussions focused on Hyperliquid, its potential benefits for American consumers, and the regulatory path for bringing onchain derivatives markets into the US framework. That policy push quickly collided with a separate market-structure debate on X, where Toly publicly encouraged users who enjoy Hyperliquid to try a new Solana-based perp DEX. The comment drew pushback from users, who questioned whether the industry needs another perpetuals venue rather than further innovation. Related Reading: HYPE Falls 6% As CME, ICE Target Hyperliquid Over Oil Risks Rune framed the issue directly: “I admire the Solana guys for pushing their apps publicly, genuine respect for the hustle, but maybe the energy should go towards innovation instead of replication.” He added that the central question was what a Solana-native perp DEX could do better than Hyperliquid, beyond competing on fees or copying the same product category. Hyperliquid Vs. Solana Toly’s answer was composability. He argued that the comparison is not fundamentally different from asking why Hyperliquid was needed when Binance, Coinbase or CME already existed. “It’s like asking what can Hyperliquid do that Binance or Coinbase or CME can’t?” Toly wrote. “Solana’s SVM needs an atomically composable perp DEX in its runtime so innovation can flourish. Apps built inside the SVM can’t use HL because you have to bridge there.” The disagreement cuts to the core of how different ecosystems view derivatives infrastructure. Hyperliquid has built its case around a vertically integrated, onchain exchange experience that appeals to traders seeking self-custody, speed, and a non-CEX interface. Rune acknowledged that Hyperliquid had answered its own “why exist” question through “self-custody, no KYC, community-owned,” but pressed whether composability alone is enough for a Solana-native rival to win. Toly did not argue that success is guaranteed. Instead, he framed the market as large enough to justify aggressive experimentation from Solana teams, especially if the base layer can support products that compete with centralized venues. Related Reading: Hyperliquid (HYPE) To $100? Expert Forecasts Major Rise Before Summer 2027 “The 10B OI is the opportunity,” he wrote, referring to open interest. “It’s a small fraction of what Binance, CME, Coinbase, NYSE have. Why wouldn’t I want Solana to compete for the chunk of the global market?” He added that Binance and other incumbents are unlikely to leave that market uncontested, and that Hyperliquid’s own growth has already validated demand for a DEX-style trading interface. “HL proved that people will trade with a DEX interface instead of a Binance/CME style one,” Toly said, while pointing to Solana ecosystem teams and hackathon winners as examples of broader experimentation. The debate also drew attention from market participants outside the Solana-Hyperliquid rivalry. Moonrock Capital founder Simon Dedic said he was “neither a Hyperliquid nor a Solana maxi” and did not care much about trading, but argued that Toly’s interest itself was notable. “When Toly, one of the most brilliant, successful and relentless founders in the industry, gets excited about a new product like this, you better pay attention I guess,” he wrote. At press time, HYPE traded at $45.968. Featured image created with DALL.E, chart from TradingView.com

19 May 2026, 04:00

Bitcoin Retail Activity Hits Record Low As Binance Inflows Plunge

On-chain data shows the retail-sized Bitcoin inflows to Binance have declined to historically low levels, a sign that small traders have left the market. Bitcoin Binance Retail Inflows Have Dropped To Just 314 BTC As pointed out by CryptoQuant author Darkfrost in an X post , the Bitcoin inflows going from retail investors to Binance have hit historic lows. “ Retail investors ” here refer to the smallest of hands on the network who tend to move small amounts with their transactions. As such, their exchange deposit activity can be filtered for by considering the data of only moves smaller than 1 BTC in size. Below is the chart shared by Darkfrost that shows the trend in the retail Bitcoin deposits specifically heading to Binance, the largest cryptocurrency exchange based on trading volume. As is visible in the graph, the amount of Bitcoin that retail-sized entities have been sending to Binance spiked during the 2017 and 2021 bull runs. Generally, investors interact with centralized exchanges when they want to actively participate in trading, so these inflow spikes indicate increased interest in the market from small hands. During the lows of the 2022 bear market, there was another spike in inflows from retail traders, corresponding to panic distribution. Following this spike, however, the indicator started following a downward trajectory that is yet to be broken. From the chart, it’s visible that the decline in the metric maintained even as Bitcoin hit new all-time highs (ATH) during this cycle’s bull run. Today, the monthly average retail Binance inflow has dropped to a value of just 314 BTC. For comparison, 2017 and 2021 saw peaks of 5,400 and 2,600 tokens, respectively. The analyst noted: Retail participation has continuously declined over time, almost as if this category of investors is gradually disappearing from observable on-chain activity. A notable factor for this trend could be the introduction of the United States spot exchange-traded funds (ETFs) back in January 2024. These investment vehicles allow investors to gain indirect exposure to Bitcoin; whenever a trader invests into a spot ETF, the fund buys and custodies the tokens on their behalf, so they never directly end up interacting on-chain. The spot ETFs quickly gained traction among the more traditional investors and today, these funds hold a non-negligible part of the cryptocurrency’s total supply. It’s possible that some of the retail investors have simply switched to these vehicles. “Retail investors are less active than ever,” said Darkfrost. “This is a clear sign of the transformation of the Bitcoin market, whose evolution has progressively reshaped the profile and behavior of investors.” BTC Price At the time of writing, Bitcoin is floating around $77,400, down 4.7% in the last seven days.