11 Aug 2025, 14:00

Are Ethereum Treasury Companies A Threat To Bitcoin? Michael Saylor Reveals His Stance

Michael Saylor , the executive chairman and co-founder of Strategy (formerly MicroStrategy), says Ethereum (ETH) treasury adoption is no threat to the Bitcoin (BTC) dominance. Currently, institutional interest in cryptocurrency treasuries is expanding beyond Bitcoin, with some companies now adding Ethereum and other digital assets to their balance sheets. The trend has sparked debate over whether Bitcoin could face serious competition in the corporate treasury space. Bitcoin Dominance Tested By Rising Ethereum Treasuries In a recent interview with Bloomberg, Saylor made it clear that he does not view Ethereum treasury adoption as a genuine threat to Bitcoin’s dominance . The Strategy chairman acknowledged that Ethereum and other altcoins are attracting attention from corporate treasuries. However, he stressed that the overwhelming flow of institutional capital remains concentrated in Bitcoin. When asked if he thinks the recent shift into altcoin treasuries like Ethereum could overshadow Bitcoin, Saylor responded by citing statistical data. He reported that the number of companies with Bitcoin on their balance sheets has more than doubled in just six months, jumping from around 60 to 160. He described this acceleration as evidence that BTC is cementing its status as “digital capital”. In his view, companies adopting Ethereum for treasury purposes may be experimenting with blockchain technology, but they are not displacing Bitcoin’s role as the premier macro asset. The Strategy chairman also argued that Bitcoin offers the lowest risk profile in the entire digital asset space while delivering superior return potential compared to traditional benchmarks like the S&P 500. He predicted that over time, BTC would not only outperform the S&P 500 but also continue to attract the majority of institutional investment inflows. While Ethereum and other crypto assets may see innovation and niche adoption, Saylor sees this as complementary rather than competitive. He characterized the expansion of the broader crypto economy and treasury as beneficial for the entire sector. Still, he maintained that Bitcoin’s unique monetary qualities and liquidity keep it firmly in the lead. Strategy Marks Five Years Of BTC Adoption Strategy has recently marked the fifth anniversary of its landmark Bitcoin strategy , which began with its first BTC purchase in August 2020. At the time, the company had acquired a whopping 21,454 BTC for $250 million. Since then, Strategy has spent approximately $46 billion to accumulate 628,791 BTC, giving it the largest Bitcoin treasury among public companies. At current prices, this holding is worth about $76.7 billion, according to BitcoinTreasuries.Net. Notably, Saylor’s bold decision to adopt a Bitcoin strategy has paid off dramatically for both the company and its shareholders. Over the past five years, the MSTR stock price has surged over 3,000%, climbing from under $15 in 2020 to over $395 as of last Friday’s close. For a company that had previously endured decades of stagnant performance, its Bitcoin pivot has not only transformed its balance sheet but also redefined its position in the market as one of the leading institutional holders of the world’s largest cryptocurrency.

11 Aug 2025, 13:55

US Stock Market Open Higher: A Powerful Boost for Investor Confidence

BitcoinWorld US Stock Market Open Higher: A Powerful Boost for Investor Confidence The financial world is buzzing today as the US stock market open higher , setting a positive tone for investors. This upward movement across major indices suggests a prevailing sense of market optimism , a welcome sight for many. Understanding these shifts in traditional markets is crucial, even for those primarily focused on digital assets, as they often signal broader economic trends that can influence the cryptocurrency space. What’s Driving This Market Optimism? Today’s positive opening is not by chance; several factors contribute to this surge in investor sentiment . Market participants often react to a mix of recent economic data, corporate earnings reports, and expectations regarding central bank policies. Economic Indicators: Strong employment figures or better-than-expected inflation data can fuel confidence. When key economic indicators show resilience, investors tend to feel more secure about future corporate profits. Corporate Earnings: Positive earnings reports from major companies often act as a significant catalyst. They signal robust business health and potential for growth. Federal Reserve Outlook: Speculation around interest rate decisions by the Federal Reserve also plays a huge role. A perceived dovish stance or a pause in rate hikes can make equities more attractive. These elements collectively paint a picture of cautious optimism, encouraging more capital to flow into the stock market. The Immediate Impact of US Stock Market Open Higher The numbers speak for themselves, illustrating the immediate gains observed across the board. When the US stock market open higher , it typically means broad-based gains for various sectors. The S&P 500, a benchmark for large-cap US equities, registered a gain of +0.03% . This indicates a healthy, albeit modest, start for a wide array of companies. The tech-heavy NASDAQ composite climbed +0.01% . Technology stocks often lead the charge during periods of strong growth expectations. The Dow Jones Industrial Average, representing 30 significant US companies, also saw an increase of +0.02% . This signals stability and positive momentum in traditional industrial sectors. These early gains suggest that investors are reacting favorably to the current financial landscape, anticipating continued stability or growth. How Investor Sentiment Influences Crypto Market Impact While the cryptocurrency market operates independently in many ways, it is not entirely immune to the forces driving traditional finance. The ripple effects of investor sentiment in the stock market often extend to digital assets. When the US stock market open higher and shows sustained strength, it can have a twofold crypto market impact : Increased Risk Appetite: A strong stock market often means investors have a higher tolerance for risk. This can lead to capital flowing into more volatile assets like cryptocurrencies. Correlation vs. Decoupling: Historically, Bitcoin and other major cryptocurrencies have shown some correlation with tech stocks. A positive day for the NASDAQ might, therefore, translate into a positive sentiment for crypto. However, some argue for a growing decoupling, where crypto moves on its own unique drivers. Monitoring these traditional market movements provides valuable context for understanding potential shifts in the digital asset space. Navigating the Market: Actionable Insights for Investors For both stock and crypto investors, the current climate calls for informed decisions. While the US stock market open higher is a positive sign, it is important to remain strategic. Consider these actionable insights: Stay Informed: Keep an eye on key economic indicators and global news. These factors provide context for market movements. Diversify Your Portfolio: A well-diversified portfolio helps mitigate risks. Do not put all your eggs in one basket, whether it’s stocks or crypto. Long-Term Perspective: Short-term fluctuations are normal. Focus on your long-term investment goals rather than reacting to every daily market swing. Understand Your Risk Tolerance: Before making any investment decisions, assess your comfort level with risk, especially when considering more volatile assets like cryptocurrencies. These principles help you navigate the dynamic financial landscape effectively. Today’s US stock market open higher is a clear signal of prevailing market optimism . While modest, these gains across the S&P 500, NASDAQ, and Dow highlight robust investor sentiment driven by various economic indicators . This positive momentum in traditional finance often has a notable crypto market impact , influencing risk appetite and capital flows. As always, staying informed and adopting a strategic approach to your investments remains paramount. The financial world is interconnected, and understanding these relationships empowers better decision-making. Frequently Asked Questions (FAQs) Q1: What does “US stock market open higher” mean for the average investor? It generally means that major stock indices, like the S&P 500, NASDAQ, and Dow, started the trading day with positive gains. For the average investor, this can signal a healthy economic outlook and potentially higher returns on their stock investments. Q2: How quickly can the stock market change after a positive opening? Market conditions can change rapidly throughout the trading day. While a strong opening sets a positive tone, various news events, economic data releases, or shifts in investor sentiment can lead to reversals or further gains. Q3: Is a strong US stock market always good for the crypto market? Not always, but often there’s a correlation. When traditional markets perform well, investor risk appetite tends to increase, which can lead to more capital flowing into riskier assets like cryptocurrencies. However, crypto also has its own unique drivers and can sometimes decouple. Q4: What are “economic indicators” and why are they important? Economic indicators are statistics about economic activity, such as GDP, inflation rates, employment figures, and consumer confidence. They are important because they provide insights into the health and direction of the economy, influencing investor decisions and market movements. Q5: Where can I find reliable information on US stock market performance? You can find reliable information from reputable financial news outlets, official stock exchange websites, and financial data providers. Always cross-reference information to ensure accuracy. Did you find this analysis helpful? Share this article with your friends and on social media to help others understand the dynamics of the US stock market and its broader financial implications! To learn more about the latest crypto market trends , explore our article on key developments shaping Bitcoin investment strategies and its institutional adoption . This post US Stock Market Open Higher: A Powerful Boost for Investor Confidence first appeared on BitcoinWorld and is written by Editorial Team

11 Aug 2025, 13:41

SharpLink expects ETH holdings to top $3B following $400M offering

More on SharpLink Gaming SharpLink Gaming: Another Overpriced Ethereum Wrapper Ethereum Exposure Drives My Buy Rating On SharpLink Gaming SharpLink Gaming: Ethereum Strategy Brings Upside, But Dilution Clouds The Path SharpLink Gaming raises $200M in direct stock sale to buy more ether SharpLink Gaming adds 77K ETH, raises $279M amid treasury expansion

11 Aug 2025, 13:40

Bitfinex Alpha | Macro Determining BTC Price

Review full report Subscribe to Bitfinex Alpha Subscribe to Bitfinex Alpha! Want to receive Alpha from Bitfinex every week? Subscribe if (document.cookie.indexOf('sticky-note-subscribe=1') === -1) { document.querySelector('#sticky-note-subscribe').style.display = 'block'}document.querySelector('#sticky-note-subscribe-cta').addEventListener('click', (e) => { e.preventDefault(); document.querySelector('#sticky-note-subscribe').style.display = 'none' document.cookie = 'sticky-note-subscribe=1; max-age=7776000';}); .wp-block-buttons > .wp-block-button { flex: 1;}.wp-block-buttons .wp-block-button .wp-block-button__link { display: block; text-align: center;}.wp-block-buttons .wp-block-button:last-child .wp-block-button__link { background-color: #1ABC91; border-color: #1abc9c; color: #fff;} Bitcoin rebounded from the $112,000 lows, reclaiming the $115,800 range floor, after ETF outflows early in August reversed sharply into $769 million of net inflows over three sessions. This recovery, alongside steady accumulation by crypto treasury firms now holding nearly $90 billion in digital assets, has restored short-term confidence, price has broken past range highs near $119,500, but it remains to be seen if this breakout over resistance sustains. The price is oscillating around the short-term holder cost basis of $106,709, keeping conditions “warm but not overheated” and consistent with mid-cycle bull phases. With 70 percent of short-term holder supply still in profit and profit-taking activity cooling to 45 percent, the market is balanced but highly sensitive to macro catalysts, meaning key US inflation data this week could decide whether BTC pushes for new all-time highs or slips back toward $110,000. After months of calm in financial markets, a confluence of shifting trade policies, evolving bond market dynamics, and softening economic data is setting the stage for a more volatile close to the year. Pending US tariffs threaten to raise costs, disrupt supply chains, and pressure employment, while the bond market’s rising term premium — now at 0.65 percent — signals heightened uncertainty over future Fed policy, especially if inflation accelerates post-tariffs. Manufacturing orders fell 4.8 percent in June , underscoring uneven demand and the challenges businesses face in securing goods ahead of holiday season disruptions. The labour market is also cooling , with job growth slowing, significant downward revisions to prior employment data, and services sector activity stagnating just above contraction levels. Rising service-sector input costs add inflationary pressure, yet improving worker productivity — up 2.4 percent in Q2 — offers a crucial buffer, suggesting that technology-driven efficiency gains may help sustain growth in a softer hiring environment. In the crypto space, BitMine Immersion Technologies has rapidly built the world’s largest Ethereum treasury , amassing over 833,000 ETH worth $2.9 billion in just five weeks, positioning itself as a major institutional player alongside backers such as ARK, Pantera, and Galaxy Digital. Policy shifts under President Trump are also reshaping the industry’s landscape. A recent executive order opens the door for 401(k) and other retirement plans to include alternative assets , including digital assets, potentially driving mainstream adoption. Another order prohibits politicised debanking , explicitly protecting crypto firms’ access to banking services and dismantling barriers erected under previous regulatory regimes. The post Bitfinex Alpha | Macro Determining BTC Price appeared first on Bitfinex blog .

11 Aug 2025, 13:26

BitMine's ETH Holdings Near $5B After Latest Purchase; BMNR Tops Big Names in Trading Volume

BitMine Immersion Technology (BMNR), the bitcoin miner turned ether (ETH) treasury under Fundstrat's Tom Lee's leadership, said it added roughly $2 billion of tokens over the past week, bringing total holdings to near $5 billion. Bitmine's ETH stash exceeded 1.15 million tokens as of Sunday evening, up from 833,137 the week before. BMNR shares were up over 10% pre-market at $57, extending Friday's almost 25% advance. The firm added that its stock has become one of the most traded in the U.S. market averaging $2.2 billion in daily trading volume last week. That ranks BMNR 25th among U.S.-listed firms, topping bank giant JPMorgan (JPM) and chipmaker Micron Technology (MU). "We are leading crypto treasury peers by both the velocity of raising crypto NAV [net asset value] per share and by the high trading liquidity of our stock," Chairman Tom Lee said. Bitmine pursues a strategy to accumulate ETH and stake tokens for a yield, competing with rivals such as SharpLink Gaming (SBET) and others. The firm ultimately aims to acquire 5% of the total ETH supply, valued at over $25 billion at current market prices. The buying frenzy by digital asset treasury companies helped ETH rally to new cycle highs, topping $4,300 over the weekend.

11 Aug 2025, 13:24

Crypto Price Analysis 8-11: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, TONCOIN: TON, INJECTIVE: INJ

The crypto market’s weekend rally extended into Monday as Bitcoin (BTC) and other cryptocurrencies traded in bullish territory. The flagship cryptocurrency’s price action turned bullish on Sunday, surging past a crucial resistance level and breaking past $120,000 early on Monday. The rally can be attributed to the convergence of several bullish catalysts, including surging ETF inflows, expectations of a rate cut by the Federal Reserve, and a bullish flag pattern. BTC is up nearly 3% over the past 24 hours, trading around $121,655 after reaching an intraday high of $121,981. Meanwhile, Ethereum (ETH) broke the $4,000 barrier over the weekend, with analysts expecting a new all-time high. The world’s second-largest cryptocurrency has rallied, rising nearly 23% last week, and is up almost 2% in the past 24 hours, trading around $4,300. Ripple (XRP) is marginally up while Solana (SOL) reclaimed $180 over the weekend and is trading around $185, with buyers in control. Cardano (ADA) is marginally up, while Chainlink (LINK) is up almost 4%, trading around $22. Hedera (HBAR) , Litecoin (LTC) , and Polkadot (DOT) also registered notable increases. However, Toncoin (TON) and Stellar (XLM) defined market trends and traded in the red. White House Crypto Advisor Bo Hines Resigns Bo Hines, head of President Donald Trump’s Council of Advisors on Digital Assets, has resigned from his role to return to the private sector. Hines played a crucial role in American crypto regulation, with the sudden and unexpected departure fueling speculations about the reasons behind his resignation. Hines confirmed his resignation through a post on X, and called his experience of working with President Trump and Crypto Czar David Sacks “the honor of a lifetime.” Hines praised their efforts in making the US the “crypto capital of the world” and pledged to support the industry from the private sector. “Serving in President Trump’s administration and working alongside our brilliant AI & Crypto Czar David Sacks as Executive Director of the White House Crypto Council has been the honor of a lifetime. Together, we have positioned America as the crypto capital of the world. I’m deeply grateful to the industry for its unwavering support.” Hines did not give any specific reasons for stepping down, while reactions from the community ranged from admiration to surprise. Some sources speculated that a lucrative private sector opportunity could have prompted Hines to resign. Crypto Debanking Is Still Happening Several crypto firms are still facing account closures and denial of banking services under the pretext of de-risking. The crypto community believes the ongoing debanking policy, called “Operation Choke Point 2.0,” is a policy-driven effort to undermine and suppress the growth of digital assets. The crypto industry believed debanking would become a thing of the past following President Trump’s election victory. Trump campaigned on the promise of a crypto-friendly administration, and several early policy moves indicated a friendly attitude towards crypto compared to the previous administration. This led many to believe restrictions on crypto would gradually ease. However, recent incidents suggest crypto debanking is still occurring. Andreessen Horowitz partner Alex Rampell warned that banks were squeezing crypto and fintech apps, calling it “Operation Chokepoint 3.0.” According to Rampell, banks are hiking fees to access account data or transfer funds to crypto platforms like Robinhood and Coinbase. Alex Konanykhin, CEO of Unicoin, echoed these concerns, adding that US banks were closing accounts for crypto firms without explanation. Konanykhin stated, “We know about it first-hand, as Unicoin and its subsidiaries have been de-banked, without explanations, by several banks.” Vitalik Buterin Reclaims On-Chain Billionaire Status Ethereum co-founder Vitalik Buterin has reclaimed his on-chain billionaire status after ETH surged past the $4,000 mark over the weekend. The world’s second-largest cryptocurrency last reached this level over eight months ago. Blockchain intelligence firm Arkham stated, “BREAKING: VITALIK BUTERIN IS NOW AN ON-CHAIN BILLIONAIRE AGAIN.” Buterin’s portfolio is valued at $1.04 billion and holds 240,042 ETH, along with stakes in several other digital assets, including Aave Ethereum (AETHWETH), WhiteRock (WHITE), Moo Deng (MOODENG), and Wrapped Ethereum (WETH). World Liberty Financial Exploring Public Company To Hold WLFI World Liberty Financial is exploring the creation of a publicly-traded company to hold its WLFI tokens. The company is looking to raise roughly $1.5 billion for the venture. According to reports, the deal's structure is yet to be finalized. However, World Liberty Financial has already reached out to major investors in technology and crypto. The move puts World Liberty Financial among a growing list of publicly-listed crypto treasury companies. Treasury companies have raised around $79 billion in 2025 for Bitcoin (BTC) purchases alone. According to reports, the new treasury vehicle will be a shell company listed on the Nasdaq. World Liberty Financial’s approach mirrors Michael Saylor’s Strategy, which reinvented itself as a Bitcoin (BTC) holding company. Strategy has amassed over $72 billion in BTC and has reached a market cap of $113 billion. Bitcoin (BTC) Price Analysis Bitcoin (BTC) has started the week on a bullish note as the flagship cryptocurrency surged past the $120,000 mark. Price action stalled on Friday when BTC fell 0.83% and slipped below $116,000 on Saturday, settling at $115,957. However, with positive macroeconomic developments, surging ETF inflows, and growing optimism about a rate cut, the price recovered on Sunday, rising nearly 3% to cross $119,000. Bullish sentiment has persisted during the ongoing session, with the price up over 2%, trading around $122,000. Analysts believe BTC could set a new all-time high if buyers maintain positive momentum. Analysts believe a move past $120,000 was only a matter of time, and prices could reach a new all-time high if positive momentum persists. BTC’s latest rally is attributed to a bullish executive order in Washington and rising inflows into spot Bitcoin ETFs. Henrik Andersson, Chief Investment Officer at Apollo Crypto, believes a rally was long overdue following a period of consolidation. “In our view, it was just a matter of time before it would break up. In this time, we have seen positive ETF flows, more treasury companies buying Bitcoin, and a number of positive developments coming out of the White House. Bitcoin has been stuck in a low-volatility band between $115,000 and $120,000 despite all the good news.” Andersson credited President Trump’s executive order allowing crypto in 401(k) retirement accounts as the key driver of the rally. The executive order could see around $9 trillion in capital flow into BTC and the broader crypto industry. Michael Saylor’s announcement about an impending BTC buy has also boosted investor sentiment. Saylor hinted that Strategy is preparing to add to its BTC stash this week, stating, “If you don’t stop buying Bitcoin, you won’t stop making Money.” Bitcoin ETFs continued to see inflows, purchasing $773 million worth of BTC to close the previous week. Despite the flagship cryptocurrency’s impressive rally, on-chain data shows that sentiment isn’t overheated, indicating there is room for further price increases. The Fear & Greed Index is still in the “Greed” zone, at 70 out of 100. Analysts believe BTC could reach a new all-time high this week as a bullish flag pattern activates. A bullish flag pattern often precedes a major breakout. The pattern began on July 22, bottoming out below $100,000 and peaking at an all-time high of $123,091. Investors are also bullish about a possible rate cut by the Federal Reserve in September. Odds of a rate cut soared after the US released weak nonfarm payroll data earlier this month. BTC registered a sharp decline on Friday (August 1), dropping over 2% and settling at $113,365. Sellers retained control on Saturday as the price fell 0.67% and settled at $112,601. Despite the overwhelming selling pressure, BTC recovered on Sunday, rising 1.52% to cross $114,000 and settle at $114,307. The price continued pushing higher on Monday, registering a 0.69% increase and settling at $115,097. BTC plunged to an intraday low of $112,707 on Tuesday as selling pressure returned. It rebounded from this level to reclaim $114,000 and settled at $114,139, ultimately dropping 0.83%. The price recovered on Wednesday, rising 0.80% to reclaim $115,000 and settle at $115,047. Source: TradingView Bullish sentiment intensified on Thursday as BTC rallied, rising over 2% to cross $117,000 and settle at $117,483. Despite the positive sentiment, the price lost momentum on Friday, dropping nearly 1% to $116,513. Sellers retained control on Saturday as BTC fell 0.48% and settled at $115,957. Bullish sentiment returned on Sunday as BTC rallied, rising nearly 3% to reclaim $119,000 and settle at $119,046. The current session sees BTC up almost 2%, trading around $121,100 after reaching an intraday high of $122,190. Ethereum (ETH) Price Analysis Ethereum (ETH) raced past the $4,000 level, retaking it after eight months as bullish sentiment around the world’s second-largest cryptocurrency intensified. ETH has been on an upward trajectory since last weekend, rebounding from an intraday low of $3,372. ETH’s stellar recovery prompted BitMEX co-founder Arthur Hayes to buy back into the asset only a week after selling 2,373 ETH for $8.32 million. Hayes moved $10.5 million in USDC across several transactions, redirecting it towards purchasing ETH. Hayes had warned of a possible drop in BTC and ETH prices last week, thanks to mounting macroeconomic pressures. The BitMEX founder cited renewed tariff fears following weak nonfarm payrolls numbers, adding that sluggish growth could push BTC and ETH towards $100,000 and $3,000, respectively. ETH has surged nearly 24% this week, reaching an intraday high of $4,347 earlier today. According to one analyst, the price could surge to $4,000 as it breaks out of its current pattern. The analyst stated that ETH had been accumulating for months and steadily absorbing selling pressure. According to the Wyckoff theory, such a phase generally ends with a decisive breakout. Meanwhile, analysts Crypto Rover and Titan of Crypto believe ETH is breaking above the upper trendline of a multi-year symmetrical triangle and suggested it could climb to $8,000 in the coming months. Institutional interest in ETH has also surged since July, with institutions and whales scooping up over 1,032 million ETH worth $4.7 billion through exchanges and institutional trading platforms. “In the month since July 10, more than 1.035 million ETH ($4.167 billion) have been hoarded by multiple unknown whales/institutions through channels such as exchanges or institutional business platforms. The price of ETH also rose from $2,600 to $4,000 in this month, a 45% increase.” ETH started the previous weekend in the red, dropping nearly 6% and settling at $3,488. Selling pressure persisted on Saturday as the price fell almost 3%, slipping below $3,400 to $3,393. ETH recovered on Sunday, rising over 3% to reclaim $3,500. Bullish sentiment intensified on Monday as the price rallied, rising over 6% to cross $3,700 and settle at $3,721. ETH was back in the red on Tuesday, dropping nearly 3% to $3,612. It rebounded on Wednesday, rising over 2% and settling at $3,685. Source: TradingView Bullish sentiment intensified on Thursday as ETH rose over 6% to reclaim $3,900 and settle at $3,911. The world’s second-largest cryptocurrency crossed the $4,000 mark on Friday, rising 2.52% and settling at $4,010. ETH rallied on Saturday, rising over 6% to cross $4,200 and settle at $4,262. Despite the overwhelming positive sentiment, ETH lost momentum on Sunday, registering a marginal drop and settling at $4,251. The current session sees ETH up nearly 1%, trading around $4,280. Solana (SOL) Price Analysis Solana (SOL) continued pushing higher over the weekend, crossing $180 as buyers maintained control. The altcoin has been steadily rising since last week as institutional interest around the asset grows. SOL is up over 12% in the past week, breaking out of key technical structures. Analysts predict a push towards $200 this week if buyers maintain control. Crypto analyst Ali Martinez identified a textbook “cup and handle” pattern and predicted a 600% increase from current levels. However, more conservative estimates predict SOL will test its all-time high of $260. Whether buyers have the strength to take the price beyond this level remains to be seen. Institutional interest in SOL has also ramped up, with Upexi, DeFi Developments Corp, SOL Strategies, and Torrent Capital acquiring over 3.5 million SOL, marking one of the strongest accumulation waves in SOL’s history. SOL started the previous weekend with a sharp drop, falling nearly 6% on Friday and settling at $162. Selling pressure persisted on Saturday as the price fell 2.57%, slipping below $160 and settling at $158. It recovered on Sunday, rising over 2% to reclaim $160 and settle at $162. Bullish sentiment intensified on Monday as SOL rallied, rising nearly 5% to settle at $169. The price was back in bearish territory on Tuesday, falling 3% to $164. Buyers returned to the market on Wednesday as SOL rose 2.50% and settled at $168. Source: TradingView Bullish sentiment intensified on Thursday as SOL rallied, rising over 4% to cross $170 and settle at $175. Buyers retained control on Friday as the price rose 0.79% and settled at $176. Price action remained bullish over the weekend as SOL rose nearly 2% on Saturday and 2.72% on Sunday to reclaim $180 and settle at $182. The current session sees SOL marginally up, trading around $183 after reaching an intraday high of $186. Toncoin (TON) Price Analysis Toncoin (TON) faced substantial volatility last weekend as buyers and sellers struggled to exert influence. As a result, it fell to an intraday low of $3.35 on Friday (August 1), reached an intraday high of $3.71, before settling at $3.57, ultimately rising 0.79%. The price reached an intraday high of $3.72 on Saturday before losing momentum, falling 0.94% to $3.53. Buyers and sellers struggled to establish control on Sunday as volatility persisted. Buyers ultimately gained the upper hand as the price rose 0.75% to $3.56. TON was back in the red on Monday, dropping over 4% to $3.41. Bearish sentiment intensified on Tuesday as the price fell nearly 7% to $3.19. Source: TradingView Despite the overwhelming selling pressure, TON recovered on Wednesday, rising almost 4% and settling at $3.31. The price fell to an intraday low of $3.22 on Thursday. However, it rebounded from this level to settle at $3.36, ultimately rising 0.86%. TON registered a marginal drop on Friday but was back in positive territory on Saturday, reaching an intraday high of $3.47 before settling at $3.39, a 1.66% increase. Selling pressure returned on Sunday as the price fell 1.24% to $3.34. The current session sees TON up nearly 1%, trading around $3.37. Injective (INJ) Price Analysis Injective (INJ) registered a sharp drop on Friday (August 1), falling over 5% to $12.57. Sellers retained control on Saturday as the price fell 2.99% to $12.19. Despite the selling pressure, INJ recovered on Sunday, rising 6.55% to end the weekend at $12.99. Bullish sentiment persisted on Monday as INJ rose over 5% to cross $13 and settle at $13.65. The price was back in bearish territory on Tuesday, falling 5.42% to $12.91. INJ faced volatility on Wednesday as buyers and sellers struggled to establish control. Buyers ultimately gained the upper hand as the price registered a marginal increase. Source: TradingView Bullish sentiment intensified on Thursday as INJ rallied, rising 8.50% to cross $14 and settle at $14.04. The price registered a marginal increase on Friday and rose over 3% on Saturday to settle at $14.54. INJ was back in the red on Sunday, dropping to an intraday low of $13.87 before settling at $14.39, ultimately dropping 0.97%. The current session sees INJ down almost 1%, trading around $14.25, but not before reaching an intraday high of $14.99. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.