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ENA Token Drops 6.5% Amid Protocol Updates and Volatile Trading, Key Support at $0.6915

Ethena (ENAUSDT) experienced a 6.50% price decrease over the past 24 hours, with the current price at $0.6937 and a 24-hour open of $0.7419. The decline follows recent protocol updates, including the approval of XRP and BNB as collateral for the USDe stablecoin, which initially drove increased trading activity and volatility. Despite strong on-chain activity, record interest revenue, and rising total value locked, the market reacted to mixed sentiment and technical signals indicating potential short-term consolidation after a previous bullish breakout. ENAUSDT continues to see robust trading volume and heightened volatility, with key support and resistance levels at $0.6915 and $0.7383, respectively.

ENA Token Sees 4.72% Price Drop Amid Fed Rate Cuts and Surging Trading Volume on Binance

Ethena (ENAUSDT) experienced a 4.72% price decrease over the last 24 hours, currently trading at $0.7022 on Binance. The recent price movement is attributed to market volatility following the US Federal Reserve's interest rate cuts, which initially fueled a surge in Ethena's Total Value Locked (TVL) and investor activity. Despite strong bullish technical indicators and increased open interest in ENA derivatives, profit-taking and short-term corrections have contributed to the recent decline. Ethena maintains a market capitalization of approximately $4.66 billion and saw a 24-hour trading volume of $776.16 million, with prices ranging from $0.64 to $0.77, reflecting ongoing volatility and active trading interest.

BTC Price Drops 2.07% Amid $1.2B ETF Outflows and $3B Short Wall Resistance

BTCUSDT experienced a 2.07% price decline over the past 24 hours, with the current price at 112,841.67 USDT on Binance. The price movement was influenced by remarks from Federal Reserve Chair Jerome Powell at the Jackson Hole Symposium, which led to notable liquidations of short positions and increased market volatility. Additional factors include $1.2 billion in outflows from BTC ETFs and the presence of a $3 billion short wall at $117,800, creating resistance and contributing to downward pressure. On-chain activity, such as a whale moving 3,500 BTC after years of inactivity and ongoing corporate accumulation, reflects continued institutional interest. Trading volume remains robust, with Bitcoin maintaining a market capitalization between $2.23 trillion and $2.29 trillion and a circulating supply of approximately 19.9 million BTC. The asset is consolidating near support levels, with recent price action fluctuating between $114,216 and $117,169 across exchanges.

DOGE Token Holds Strong Liquidity Amid 2.29% Price Dip and Grayscale Spot ETF Filing

Dogecoin (DOGEUSDT) is currently trading at $0.23202 on Binance, reflecting a 2.29% decline over the past 24 hours from an open of $0.23745. The price decrease can be attributed to mixed technical signals, including a recent slip below the $0.2320 level and consolidation after breaking a downward trendline, as well as ongoing market uncertainty despite positive developments such as large holder accumulation, Tesla’s continued acceptance of Dogecoin for merchandise, and Grayscale’s SEC filing for a Dogecoin Spot ETF. Trading volume remains robust, with daily activity exceeding $1.66 billion and market capitalization near $35–36 billion, indicating sustained interest and liquidity in the asset.

XRP Surges 2.97% After SEC Case Resolution, ETF Filings and RLUSD Expansion Boost Momentum

XRPUSDT has risen 2.97% in the past 24 hours, currently trading at 3.1173 on Binance, with a 24-hour open of 3.0274 and trading volume around $3.62 billion. The price increase is primarily attributed to the conclusion of the SEC case against XRP, which resulted in a $125 million penalty and clarified that secondary-market XRP is not classified as a security, reducing regulatory uncertainty. Additional positive sentiment stems from multiple spot-XRP ETF filings and Ripple’s RLUSD stablecoin expansion in Japan via SBI, supporting ecosystem growth. XRP’s market capitalization stands at approximately $180.67 billion, ranking it third among cryptocurrencies, and recent consolidation near the $3 mark suggests traders are watching for a breakout above resistance levels.

ETH Surges 3.73% as Spot ETF Inflows and Major Acquisitions Drive $597B Market Cap

Ethereum (ETHUSDT) has risen 3.73% over the past 24 hours, currently trading at 4,930.20 USDT on Binance. The price increase is primarily attributed to bullish market sentiment following Ethereum’s recent breakout above key resistance levels, positive signals from institutional activity such as significant inflows into U.S. spot Ethereum ETFs, and large acquisitions like Bitmine Immersion’s purchase of 9,613 ETH. Additional momentum was driven by expectations of potential interest rate cuts and ongoing network upgrades, with technical indicators supporting a strong buy outlook. Trading volume remains robust, with over 2 billion USDT exchanged on Binance in the last 24 hours, and Ethereum’s market capitalization stands near $597 billion, reflecting sustained investor interest and active market participation.

DOGE Price Dips 2.09% Amid Whale Accumulation and ETF Proposal, Trading Volume Surges

Dogecoin (DOGEUSDT) experienced a 2.09% price decline over the past 24 hours, with the current price at 0.23101 USDT on Binance. The decrease is primarily attributed to recent market consolidation following a sharp decline below the key support level of $0.2150, as well as reports of a market stall similar to other meme coins. Despite strong buying pressure and whale accumulation of over 680 million DOGE in August, technical indicators such as a bullish RSI divergence suggest potential for a short-term rebound. Additional factors influencing sentiment include Grayscale’s proposal to convert its Dogecoin Trust into an ETF, increased holder numbers nearing an all-time high, and notable acquisitions in the Dogecoin ecosystem. Trading volume remains robust, with over 747 million DOGE exchanged in the last 24 hours and market capitalization around $35.16 billion, reflecting continued active participation and volatility in the market.

BNB Token Dips 2.34% After All-Time High, UAE Bank Integration Fuels Adoption and Volatility

BNBUSDT experienced a 2.34% price decrease over the past 24 hours, primarily attributed to recent volatility following its surge to a new all-time high above $900. This rally was driven by strong institutional demand, increased network activity, and notable events such as UAE’s RAKBANK integrating BNB into its mobile banking platform, which boosted utility and adoption. The subsequent price correction reflects profit-taking and market consolidation after the rapid ascent, with technical indicators showing fading momentum but maintaining a generally bullish outlook.

Currently, BNBUSDT is trading at 868.03 USDT with a 24-hour trading volume of approximately $2.33 billion and a market capitalization near $120.39 billion. The coin saw a high of $895.85 and a low of $868.22 in the last day, highlighting ongoing volatility amid active trading and continued token burns reducing circulating supply.

ADA Token Faces 2.77% Drop as Sellers Pressure $0.85 Support Amid Record Futures Volume

Cardano (ADAUSDT) experienced a 2.77% price decrease over the past 24 hours, with the current price at 0.8943 USDT on Binance. The decline is primarily attributed to increased sell-side pressure following a bearish engulfing pattern and a breakdown from the $0.88–$0.89 resistance zone, confirmed by technical indicators such as an overbought RSI and a bearish MACD crossover. Despite significant accumulation by large holders and a five-month high in futures trading volume, short-term sentiment remains bearish as sellers dominate order books and buyers defend the critical $0.85 support level. Cardano's 24-hour trading volume reached approximately 107.99 million ADA (98.12 million USDT) on Binance, with a market capitalization of about $31.56 billion and a circulating supply of over 35.69 billion ADA.

DOGE Price Dips 2.52% Amid $1.5B Trading Surge and Whale Accumulation Signals

Dogecoin (DOGEUSDT) experienced a 2.52% price decline over the past 24 hours, with the current price at $0.23055 and a 24-hour open of $0.23650. The price change is primarily attributed to a combination of market stall reports affecting meme coins, including Dogecoin, and profit-taking following recent rebounds near key resistance levels. Despite the slight pullback, trading activity remains robust, with 24-hour volumes exceeding $1.5 billion and whale wallets accumulating over 680 million DOGE in August, indicating sustained institutional interest. Dogecoin continues to trade actively near resistance, supported by ongoing protocol development discussions and a recent acquisition in the ecosystem, while its market capitalization stands around $34.6 billion with a circulating supply of approximately 150.65 billion coins.

ENA Token Sees 6% Drop Amid Whale Withdrawals and $260M Buyback, Trading Volume Surges

Ethena (ENAUSDT) is currently trading at $0.7007 on Binance, reflecting a 6.02% decrease over the past 24 hours from an open of $0.7456. The recent price decline can be attributed to ongoing profit-taking following a substantial rally earlier in August, as well as high volatility and mixed sentiment after large-scale withdrawals of 140 million ENA from exchanges, which indicate increased long-term holding by whale wallets. Additional factors influencing price include Ethena’s $260 million buyback, which reduced circulating supply, and the protocol’s strong fundamentals, such as surpassing $500 million in cumulative revenue and expanding USDe stablecoin supply to $11.7 billion. Despite the short-term correction, trading volume remains robust, with recent figures exceeding $500 million, and market capitalization is reported between $4.62 billion and $4.94 billion, underscoring continued investor interest in the asset.

BNB Token Holds Strong After 3.33% Dip as $100M Investment Fuels Record Network Activity

BNBUSDT experienced a 3.33% price decrease over the past 24 hours, opening at 891.68 and currently trading at 862.03. The recent price movement is attributed to profit-taking following BNB’s surge to new all-time highs near $900, driven by strong bullish momentum, increased network activity, and positive investor sentiment after China Renaissance’s $100 million investment announcement. Despite the pullback, BNB maintains robust market metrics with a 24-hour trading volume of approximately $174.45 million USDT on Binance and a circulating supply of about 139.29 million tokens, reflecting continued high activity and investor interest.

DOGE Price Drops 3% as Large Holders Acquire 680 Million Tokens, Market Signals Mixed

Dogecoin (DOGEUSDT) experienced a 3.08% price decline over the past 24 hours, with the current price at $0.23008 according to Binance. The drop is attributed to a combination of market-wide meme coin stagnation, technical weakness after closing below the key $0.2150 support level, and reduced trading conviction following an initial surge in volume. Large holders recently acquired over 680 million DOGE, now controlling nearly half of the circulating supply, which may have contributed to short-term volatility. Despite the decline, Dogecoin remains actively traded, with 24-hour volume exceeding $183 million on Binance and a market cap near $32.62 billion, while technical indicators show mixed signals amid ongoing protocol discussions and rising holder numbers.

ADA Price Drops 2.41% as Large Holders Accumulate 170 Million Tokens Amid Bearish Momentum

Cardano (ADAUSDT) experienced a price decrease of 2.41% over the past 24 hours, currently trading at $0.8947 on Binance. The recent price decline is attributed to ongoing bearish sentiment following a breakdown from the $0.88–$0.89 resistance zone, technical indicators signaling downward momentum, and a notable drop in daily trading volume. Despite large holders accumulating over 170 million ADA after the Jackson Hole speech and wallets holding 10–100 million ADA increasing their balances by 110 million ADA in the past day, selling pressure and uncertainty have outweighed accumulation activity, contributing to the recent price weakness.

Cardano’s market capitalization stands at approximately $32.61 billion with a 24-hour trading volume of $1.72 billion, reflecting active trading but a short-term underperformance compared to the broader market.

BNB Drops 3.3% After All-Time High: Profit-Taking Follows Surge in Ecosystem Activity and Trading Volume

BNBUSDT experienced a 3.30% price decrease over the past 24 hours, dropping from 890.45 to 861.05 USDT. This decline follows a period of heightened volatility after BNB reached a new all-time high of 900.71 USDT on August 22, 2025, driven by increased ecosystem activity, major acquisition plans by Huaxing Capital, and integration developments such as Ethena accepting BNB as collateral. The recent price adjustment appears to be a market reaction to profit-taking after the record highs and elevated trading volumes. Currently, BNB is trading at 861.05 USDT with a 24-hour volume of approximately $2.33 billion and a market capitalization near $121.52 billion, maintaining its position as the fifth-largest cryptocurrency by market cap.

ENA Token Sees 6.24% Price Drop as 140 Million Withdrawn Amid Market Volatility and High Volume

Ethena (ENAUSDT) experienced a 6.24% price decrease over the past 24 hours, with the current price at 0.6971 USDT on Binance. The decline is primarily attributed to recent market volatility, including significant token withdrawals from exchanges—over 140 million ENA moved to private wallets—suggesting reduced immediate selling pressure but also reflecting ongoing price consolidation. Broader macroeconomic factors, such as higher-than-expected U.S. inflation data and geopolitical developments, have contributed to negative sentiment, while technical patterns indicate mixed signals with both bullish and bearish potential. Trading volume remains high, ranging from $515 million to $1.67 billion, and Ethena’s market capitalization is approximately $4.6 billion to $4.9 billion, with a circulating supply of 6.62 billion tokens.

DOGE Price Dips 2.34% Amid $161M Whale Accumulation and Market Shifts; Key Levels in Focus

Dogecoin (DOGEUSDT) experienced a 2.34% price decline over the past 24 hours, with the current price at $0.23038 on Binance. The recent price movement is primarily attributed to a combination of significant whale accumulation, including purchases totaling over $161 million and notable acquisitions by institutional entities, as well as broader market developments such as the Federal Reserve's supportive stance on cryptocurrency and Wyoming's introduction of a state-backed stablecoin. Despite bullish signals and a brief surge driven by large-volume buying and positive technical patterns, the market has seen a retracement amid signs of speculative fatigue in the memecoin sector and a decrease in trading volume. Dogecoin remains actively traded, with a 24-hour volume ranging from $1.6 billion to $3.31 billion and a market capitalization near $35 billion, while investors closely monitor key resistance levels for potential further movement.

ADA Token Faces 2.24% Price Drop as Technical Breakdown Spurs $1.25B Trading Volume Shift

Cardano (ADAUSDT) experienced a 2.24% price decline over the past 24 hours, with the current Binance price at $0.8923. The recent price drop is primarily attributed to technical factors, including a breakdown below the $0.88–$0.89 resistance zone and confirmation of a bearish engulfing pattern on August 21, which triggered increased selling pressure. Additional contributing factors include on-chain data showing holders realizing losses and a decrease in trading volume, reflecting cautious market sentiment. Despite large holders accumulating over 150 million ADA and increased staking participation following Binance's introduction of Soft Staking, ADA continues to face resistance below the $1 mark.

Cardano is trading between $0.90 and $0.93 with a 24-hour trading volume of approximately $1.25 billion to $1.72 billion and a market capitalization near $32.14 billion to $33.11 billion, maintaining its position among the top cryptocurrencies by market cap.

BNB Token Surges to All-Time High Near $900 After $100M Investment and Major Acquisition

BNBUSDT experienced notable price volatility over the past 24 hours, primarily driven by significant institutional investment news, including China Renaissance Holdings Limited’s $100 million commitment and BNB Network Company’s acquisition of 200,000 BNB tokens. These developments fueled a rally to a new all-time high near $900, but the price subsequently retraced as profit-taking and market adjustments followed the surge. Additional momentum was provided by the announcement of the BNB Incubation Alliance event in Bangkok for 2025, with high-profile sponsors such as Google Cloud and The Sandbox, further supporting investor sentiment.

Currently, BNBUSDT is trading at 869.10, down 2.30% from the 24-hour open of 889.55, with a 24-hour trading volume ranging from $2.38 billion to $3.67 billion and a market capitalization around $121–123 billion, ranking BNB as the fifth largest cryptocurrency by market cap.

DOGE Token Slides 2.64% Despite ETF News and $153.8M Acquisition, Large Holders Control 50%

Dogecoin (DOGEUSDT) experienced a 2.64% price decrease over the past 24 hours, currently trading at $0.23235 on Binance. The recent price movement is attributed to technical factors, including DOGEUSDT closing below the key support level of $0.2150 and ongoing consolidation within a narrow range, as well as mixed signals from technical indicators such as a bullish RSI divergence. Fundamental developments, such as Grayscale's updated SEC filing for a Dogecoin ETF and Thumzup Media Corporation's $153.8 million acquisition of Dogehash Technologies, have contributed to increased market attention and trading activity, but have not offset the short-term bearish sentiment. Dogecoin maintains a high trading volume between $1.71 billion and $2.15 billion, a market capitalization of approximately $35.63 billion, and ranks as the #8 largest cryptocurrency, with large holders now controlling nearly 50% of the supply.