Ethereum (ETH) Experiences Greatest Surge Since 2021, Rising 20%
Ethereum has seen an almost 20% increase in the past 24 hours, hitting a two-month high of $2,200. This surge, the biggest since 2021, is due to the successful Pectra upgrade that went live on May 7.
More than $280 million in short ETH positions were liquidated over the past 24 hours, and the asset has gained 26% over the past two weeks and over 50% in the past month. The daily ETH burn has doubled since the upgrade, leading to a drop in ETH annual inflation from 0.7% to -0.5%.
Ethereum continues to lead the industry in tokenizing real-world assets, holding a 58% market share for tokenized assets, excluding stablecoins.
$BANANA /USDT ON A ROCKET RIDE – BULLS FIRMLY IN CONTROL
What a spectacular breakout! #BANANA just soared from $16.74 to hit a new high of $25.00—an explosive +49.3% rally, right in line with our previous prediction. Big congratulations to everyone who followed the call and secured massive profits!
With strong momentum, surging volume, and no signs of weakness, bulls are clearly in command—and this move might just be getting started.
Next Bullish Targets: • Target 1: $27.00
• Target 2: $30.00
As long as BANANA holds above the $23.20 support zone, this uptrend remains intact. Watch for another surge above $25.40 to confirm the continuation.
Stay sharp, manage your trades, and let profits run ..
Buy and Trade here on $BANANA
{future}(BANANAUSDT)
#TradeOfTheWeek
🔥 ETHEREUM SURGES AMID STRONG WEEKLY GAINS AND INSTITUTIONAL INFLOWS
Ethereum (ETH) has experienced a significant surge this week, climbing over 14% to trade above $2,050 as of May 8, 2025 . This rally is attributed to renewed investor confidence following global trade developments and increased institutional interest.
A key driver of this momentum is the substantial inflow into Ethereum-focused Exchange-Traded Funds (ETFs), with over $1.29 billion invested since November 2024 . Notably, BlackRock's Ethereum ETF has amassed $3.5 billion in assets, positioning the firm as one of the largest ETH holders .
Additionally, Ethereum's recent Pectra upgrade has enhanced the network's scalability and efficiency, further bolstering investor sentiment . Analysts are optimistic, with some predicting ETH could reach $15,937 by May 2025 if current trends continue .
These developments underscore Ethereum's robust position in the cryptocurrency market, driven by technological advancements and growing institutional adoption.
#TradeStories
#TradeStories
🔥 XRP News Today: XRP Gains Momentum as XRPL Welcomes U.S. Treasury Fund Amid Ripple-SEC Legal Showdown:
The XRP Ledger (XRPL) is making waves in the world of decentralized finance with a major institutional milestone.
Ondo Finance has announced the upcoming launch of its tokenized U.S. Treasury fund, Ondo Short-Term U.S. Government Treasuries (OUSG), on the XRP Ledger. The move marks a significant leap in the integration of traditional finance within blockchain networks.
According to Ondo Finance, the fund is set to go live within the next six months, offering institutional investors access to a secure and compliant yield-bearing asset backed by U.S. Treasuries. The fund will be made available 24/7, with minting and redemption facilitated via Ripple’s RLUSD stablecoin. This structure provides seamless liquidity and bypasses the limitations of traditional market hours.
Ripple Provides Strategic Backing
In a crucial partnership, Ripple has committed to providing initial liquidity for the OUSG fund. This encourages a smooth launch and encourages early institutional adoption. Ripple’s support also underscores its broader plan to bring real-world assets (RWAs) onto the XRP Ledger to enhance its usage in enterprise-class financial operations.
#CryptoComeback $BTC
🔥 $PNUT Riding the Uptrend with Strong Momentum! 🔥
On the 15M timeframe, $PNUT is currently trading at 0.2626 USDT, gaining a significant +19.26%! The 24h high is 0.2647 USDT and the 24h low is 0.1650 USDT, with a massive 24h volume of 517.38M PNUT and 110.52M USDT. The price is showing strong upward momentum along an established uptrend line, with some minor corrections along the way. It's currently approaching the 24h high.
Potential Entry Zone for Long (on Trendline Support): Consider entries near the rising trendline, currently around 0.2580 - 0.2600 USDT (look for confirmation of bounce).
Potential Long Targets:
🎯 First Target: 0.2647 USDT (24h High)
🎯 Second Target: 0.2700 USDT
🎯 Ultimate Target: 0.2800 USDT+
Potential Stop Loss (below Trendline):
🛡️ 0.2550 USDT (Consider as a stop loss level below the uptrend line)
Trade and buy here on $PNUT
{future}(PNUTUSDT)