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Solana slips below $160 after DeFi Development Corp halts $1 billion fundraising plan for Solana purchase, but ETF optimism fuels a bullish long-term outlook.
Dogecoin price slipped over 7%, falling below $0.19, as broader crypto markets reacted to fresh selling pressure following the US CPI data release on June 11.
Pi Network’s price has defended the $0.60 support level despite strong selling pressure, with the MACD indicator signaling an approaching bullish crossover.
NEAR Protocol surged in user activity, surpassing Ethereum and Binance Chain in growth. With 46 million monthly active users in May 2025, it ranks as the second Layer 1 platform. Coinglass reported a 14.14% volume rise to $495.52M, showing strong investor confidence.
Mechanism Capital’s Andrew Kang warns that ETH treasury strategy firms may underperform like ETH ETFs, which failed to meet high demand expectations He predicts many will trade at significant net asset value (NAV) discounts by 2026 due to low adoption Despite a recent $281 million ETF inflow, Kang believes most ETH investment products won’t perform
Bitcoin is consolidating near $107K after facing resistance at the $110K level. Long-term models like PlanB’s S2F continue to predict a major bull run ahead. Analysts see the $106K level as critical short-term support for the uptrend.
Fartcoin dominates Pump.fun with $62.42M in 24-hour volume and more than 49K transactions. RICO ranks second with $10.76M in volume and over 57K transactions, showing strong growth. Meme coins like LABUBU and VOID rise due to strong community support and increasing interest.
Stablecoin market cap has hit an all-time high of $228 billion, marking a 17% rise in 2025 alone. Major institutions like Societe Generale and US Bancorp are entering or reviving stablecoin operations. Interest in stablecoins among Fortune 500 and SMBs has more than tripled, as per a Coinbase report.
EGRAG CRYPTO has predicted that XRP price may soar up to $27 amid broader market volatility.
- 19:32Ethereum L2 TVL Rises to $45.19 BillionAccording to a report by Jinse Finance, data from L2BEAT shows that the current total value locked (TVL) on Ethereum Layer 2 has risen to $45.19 billion, marking a 7-day increase of 4.04%. The top five by TVL are: Arbitrum One at $19.92 billion, up 2.75% over 7 days; Base at $16 billion, up 0.42% over 7 days; OP Mainnet at $3.75 billion, down 3.64% over 7 days; ZKsync Era at $1.25 billion, up 3.54% over 7 days; and Unichain at $1.08 billion, down 11.8% over 7 days.
- 18:08Data: If ETH falls below $4,300, the cumulative long liquidation volume on major CEXs will reach $2.491 billionAccording to ChainCatcher, citing data from Coinglass, if ETH falls below $4,300, the total long liquidation volume across major CEXs will reach $2.491 billion. Conversely, if ETH breaks above $4,745, the total short liquidation volume across major CEXs will reach $1.467 billion.
- 17:47$132 Million in Liquidations Across the Network in the Past 24 Hours, Mainly Short PositionsAccording to a report by Jinse Finance, Coinglass data shows that in the past 24 hours, the total amount of liquidations in the cryptocurrency market reached $132 million, with long positions accounting for $32.1 million and short positions for $100 million.