Crypto World
SOL Open Interest Jumps 20% As Traders Eye Rally To $100
Key takeaways:
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Solana maintains its market dominance in DEX volume and TVL despite SOL’s underperformance versus its peers.
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Easing sell pressure from volatile geopolitics and a resurgence in memecoin activity could catalyze a SOL price rally to $100.
Solana’s native token SOL (SOL) gained 10% within five days, reaching a three-week high on Friday. This price movement followed a generalized excitement after the US and Iran announced a ceasefire extension, which led to an 8% decline in crude Brent oil prices. Demand for SOL futures surged as open interest jumped by 20% since Sunday, causing traders to question if the SOL price is bound for $100.

SOL futures aggregate open interest rose to $4.2 billion on Friday, up from $3.5 billion on Sunday. While an increased appetite for leveraged positions indicates institutional investor participation, longs (buyers) and shorts (sellers) remain matched at all times. However, any eventual imbalance in the demand for leveraged positions should be visible within the perpetual futures markets.
Under neutral conditions, the annualized funding rate should range between 5% and 10% to compensate for the cost of capital.

Data showing a 3% rate signals low confidence from bulls, although this remains distant from the extreme fear levels seen on April 7 when SOL prices plunged below $80. A negative funding rate indicates that shorts are paying to keep positions open, which is fairly unusual in cryptocurrency markets.

Despite the recent gains, SOL has underperformed the broader cryptocurrency market by 13% in 2026. A reduced appetite for decentralized applications (DApps) likely played a part, but the Solana network remains a strong contender due to its vice-leadership position in Total Value Locked and dominance in decentralized exchange (DEX) volumes.

Solana network DApp revenues have trended down over the past few months, currently totaling nearly $16 million per week. However, this trajectory is not exclusive to Solana; DApps on the Ethereum network accrued $10 million in revenue over the past week, while BNB Chain stood at $4 million. Fading interest in DEX activity remains the primary driver behind this declining revenue across the industry.
Memecoin rally, shorts covering could send SOL to $100
Multiple memecoins jumped 40% or higher between Wednesday and Friday, which likely contributed to the heightened demand for SOL futures.

During the previous memecoin rally in early 2025, Solana emerged as a leader in terms of users and activity, especially following the launch of the Official Trump (TRUMP) memecoin. Consequently, any sign of increased demand for memecoins is typically viewed as a positive indicator for SOL price.
Related: Bitcoin rises, oil falls after Iran says Strait of Hormuz is open
Solana has proved itself a serious contender for the next wave of DApp users, whether centered on AI agents or speculative trading. The robustness of its validators and the integrated user experience provided by Web3 wallets make a compelling case for a sustained SOL price rally.
Ultimately, weak demand for bullish leverage on futures places little constraint on SOL regaining momentum. Reduced pressure from the war in Iran may serve as the catalyst for SOL shorts to cover their positions, providing the necessary spark for a potential upside toward $100.
This article is produced in accordance with Cointelegraph’s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research before making any decisions. Cointelegraph makes no guarantees regarding the accuracy or completeness of the information presented, including forward-looking statements, and will not be liable for any loss or damage arising from reliance on this content.
Crypto World
Nasdaq Rally Extends to 13 Days as Call Options Volume Nears Record High Levels
TLDR:
- Nasdaq call options volume hits 3.9 million daily, nearing its highest level ever recorded
- Bullish options activity has surged sharply, with volumes rising more than fourfold since 2021
- The Nasdaq posts a 13-day winning streak, marking its longest run of gains since 2013
- The index climbs 17.7% during the streak, ranking among top short-term returns in 20 years
US technology stocks continue a strong upward run, supported by rising options activity and sustained market momentum. Recent data shows increasing bullish positioning, while the Nasdaq records one of its longest positive streaks in over a decade.
Rising Options Activity Signals Strong Market Positioning
Recent market data points to a sharp increase in bullish bets on US technology stocks. Nasdaq call options volume has reached 3.9 million contracts per day. This marks the second-highest level ever recorded.
A tweet from The Kobeissi Letter reports that this figure trails only the November 2025 level. During that period, volumes approached 4.3 million contracts per day. The post also notes that current activity reflects a broader rise in market participation.
The volume growth has been steady over recent years. Since 2021, Nasdaq call options volume has more than quadrupled. This rise shows a clear shift toward active trading in the tech sector.
At the same time, the increase in call options signals stronger interest in upward price movement. Traders often use these contracts to position for gains. However, the data reflects positioning rather than future direction.
Moreover, the rising volume aligns with broader trends in equity markets. It shows that participation has expanded as prices move higher. This pattern often appears during extended rallies.
Nasdaq Extends Winning Streak With Strong Returns
Alongside increased options activity, the Nasdaq has posted consistent gains. The index has now closed higher for 13 straight sessions. This marks the longest positive streak since 2013.
During this period, the Nasdaq has risen by 17.7%. This performance ranks among the strongest 13-day returns in the past two decades. The sustained climb has drawn attention across financial markets.
The rally reflects continued buying interest in technology stocks. It also aligns with the surge in call options activity reported earlier. Together, these trends show a period of strong market momentum.
The Kobeissi Letter notes that such a streak is rare. Extended runs like this often stand out in historical data. However, they do not appear frequently in modern trading cycles.
As the Nasdaq continues its upward movement, traders remain focused on short-term price action. At the same time, the sharp rise in options activity signals market participation. This combination shapes current trading conditions.
The ongoing rally places US technology stocks in a notable position. Market data continues to track both price movement and trading behavior. These figures offer a clear snapshot of current market dynamics without projecting future direction.
Crypto World
Bitcoin STH SOPR Nears 1.0 as Short-Term Holders Face Critical Market Decision
TLDR:
- Bitcoin’s STH SOPR is nearing 1.0, placing short-term holders at a key decision point between selling or holding.
- Historical patterns show repeated SOPR tests near 1.0 often occur before a sustained market trend shift emerges.
- A successful reclaim above 1.0 may support continued upside, while rejection could extend consolidation.
- Recent price recovery has brought SOPR back to break-even, reflecting shifting sentiment among recent buyers.
Bitcoin’s short-term holder behavior is approaching a critical threshold as the STH SOPR nears the 1.0 level. After a 26% recovery from early February lows, market participants now face a decisive moment that could shape near-term price direction.
STH SOPR Approaches Break-Even as Market Tests Direction
Recent data shared by analyst Darkfost shows the STH SOPR hovering near 0.998, just below break-even. This level reflects whether short-term holders are selling at a profit or loss. A move above 1.0 signals profit-taking, while values below indicate losses.
The chart tracks Bitcoin’s price alongside the STH SOPR and its 30-day moving average from 2021 to early 2026. It shows how short-term holder behavior has aligned with major market phases. At present, the indicator sits at a level that often leads to strong reactions.
According to the analysis, short-term holders now face two clear choices. They can exit positions at break-even after months of pressure, or they can continue holding in anticipation of gains. This behavior tends to influence liquidity and short-term volatility.
Past cycles show that reclaiming the 1.0 level often supports upward continuation. However, repeated rejections at this level can extend consolidation or trigger further downside. The latest recovery has brought the indicator back to this pivot zone once again.
Historical Patterns Show Repeated Tests Before Trend Reversal
The broader trend from 2021 to 2022 reflects a distribution phase followed by a bear market. During that period, the STH SOPR dropped below 1.0 as prices declined, showing consistent loss realization among short-term holders.
As Bitcoin moved into 2022 and early 2023, the indicator struggled to reclaim 1.0. Multiple failed attempts marked a period where weaker participants exited positions. This phase aligned with price consolidation between $16,000 and $25,000.
The recovery phase in 2023 shifted this pattern. The STH SOPR moved above 1.0 and held that level consistently. At the same time, Bitcoin climbed toward $45,000, showing renewed strength and steady profit-taking without disrupting the trend.
During the expansion phase between 2024 and 2025, the indicator frequently moved above 1.03. Pullbacks found support near 1.0, while prices pushed toward $100,000. This structure reflected strong demand and continuous absorption of selling pressure.
The recent correction from late 2025 into early 2026 has changed this dynamic. The STH SOPR dropped below 1.0 again, reaching levels near 0.98. This shift shows that short-term holders have returned to selling at a loss during the pullback.
The current rebound toward 1.0 places the market at a familiar decision point. Historical patterns show that several attempts may occur before a clear direction forms. Previous cycles recorded multiple tests before a sustained reversal took hold.
If the indicator moves above 1.0 and holds, it may support a renewed upward trend. On the other hand, failure to reclaim this level could extend the current range or lead to further downside pressure.
For now, the STH SOPR continues to act as a key measure of short-term sentiment. Its position near break-even reflects a market that remains undecided, with price action likely to follow the behavior of recent buyers.
Crypto World
XRP Reclaims Fourth in Crypto Rankings After Flipping BNB: Is Ethereum Within Reach?
TLDR:
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- XRP reclaimed fourth place in global crypto rankings with a market cap of around $91 billion.
- The SEC and CFTC jointly classified XRP as a digital commodity on March 17, boosting trading volume 250%.
- Only 16% of XRP ETF assets come from institutions, leaving significant room for larger capital inflows.
- XRP would need to reach roughly $4.79 per token to match Ethereum’s current $295 billion market cap.
- XRP reclaimed fourth place in global crypto rankings with a market cap of around $91 billion.
XRP price has reclaimed fourth place in global crypto rankings, overtaking BNB with a market cap near $91 billion. The two assets have swapped positions multiple times since March 2026.
XRP trades around $1.50 as of writing, following a 10% rally. Ethereum holds a much larger market cap of roughly $295 billion. Three key developments, however, could close that gap considerably in the months ahead.
The Structural Shift Behind XRP’s Rise Over BNB
For much of the past three years, XRP and BNB have exchanged the fourth-place ranking repeatedly. XRP grabbed it in early 2025, lost it, then reclaimed it in July at a cycle high of $3.65. The token slid back as the broader market corrected through late 2025 and into early 2026.
The March 2026 flip carried more weight than previous ones. On March 17, the SEC and CFTC jointly classified XRP as a digital commodity. Banks and asset managers that had previously avoided XRP over securities concerns could now hold and trade it freely.
XRP spiked to $1.60 that day, with trading volume surging roughly 250%. The rally faded after the Fed held rates and raised its inflation forecast. BNB briefly reclaimed fourth on March 23 before XRP pulled ahead once again.
Three Catalysts That Could Drive XRP Higher
The CLARITY Act remains the most closely watched catalyst for XRP price. It cleared the House in July 2025 and is targeting a Senate Banking Committee markup in late April. Unlike March’s regulatory guidance, the CLARITY Act would permanently cement XRP’s commodity classification.
XRP ETFs represent another growing driver in the market. Currently, six XRP ETFs operate in the U.S., with retail investors holding about 84% of assets. Institutions account for only 16%, leaving substantial room for larger inflows as legal certainty grows.
Real-world adoption through Ripple’s On-Demand Liquidity service adds consistent organic buying pressure. ODL uses XRP to settle cross-border payments in seconds without pre-funded destination accounts.
Expanding ODL corridors throughout 2025 and 2026 have steadily built a foundation of transaction-driven demand.
What XRP Realistically Needs to Reach Ethereum’s Level
XRP at $1.50 carries a market cap of about $91 billion, compared to Ethereum’s $295 billion. Matching Ethereum’s current valuation would require XRP to reach approximately $4.79 per token. That translates to a 219% move from where it trades today.
A more achievable target for 2026 is a range between $3.00 and $4.00. That range would roughly double XRP’s market cap, placing it about halfway toward Ethereum’s current standing. Getting there still requires the CLARITY Act to pass and macro conditions to stabilize.
Flipping Ethereum this year would need nearly every catalyst aligning at once. A legislative win, a macro recovery, and accelerating ETF inflows would all have to converge simultaneously. That combination is not impossible, but remains a considerable stretch within a single calendar year.
Crypto World
SEC Charges Bitcoin Latinum Founder Donald Basile With $16 Million Investor Fraud
TLDR:
- The SEC charged Donald Basile and two companies over a fraudulent $16 million Bitcoin Latinum SAFT offering.
- Basile falsely claimed LTNM was the world’s first insured digital asset with up to $1 billion in coverage.
- Millions in investor funds were allegedly misused for real estate, credit card bills, and a $160,000 horse.
- The SEC is seeking disgorgement, civil penalties, permanent injunctions, and an officer-and-director bar against Basile.
Bitcoin Latinum founder Donald G. Basile now faces federal fraud charges from the U.S. Securities and Exchange Commission.
The SEC claims Basile and his two companies raised $16 million from hundreds of American investors through fraudulent crypto offerings.
Regulators filed the complaint on April 17, 2026, in the Eastern District of New York. The charges center on false claims about insurance, asset backing, and the intended use of investor funds.
Alleged Misrepresentations Behind the Bitcoin Latinum Offering
The case revolves around the sale of Simple Agreements for Future Tokens, or SAFTs. These instruments promised investors the right to receive a crypto asset known as Bitcoin Latinum, or LTNM.
Basile conducted the offering through GIBF GP, Inc. and Monsoon Blockchain Corporation. The campaign launched in 2020 and attracted hundreds of investors across the United States.
According to the SEC, Basile repeatedly told investors that LTNM “is the world’s first insured digital asset” with “up to $1 billion coverage.”
He made these claims both directly to investors and through his two companies. Regulators say no insurance company ever issued such a policy. No coverage was ever in place for LTNM or any part of the SAFT offering.
The complaint further alleges that Basile told investors LTNM “is an asset-backed cryptocurrency.” He also claimed that an “existing trust” secured the token’s value on behalf of investors.
However, regulators say no such trust or asset pool was ever created. These representations were made to give the project a false sense of legitimacy.
Beyond that, Basile allegedly promised that 80% or more of proceeds would be “used to support the underlying value” of LTNM or would go “into an underlying fund.”
Instead, he reportedly used millions for personal expenses, including real estate purchases and credit card payments. He also allegedly bought a $160,000 horse using investor funds. The token later became worthless, leaving investors across the country with major losses.
Charges Filed and Legal Remedies Sought Against Basile
The SEC charged Basile under Section 17(a) of the Securities Act of 1933 for anti-fraud violations. The complaint also cites Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5.
GIBF and Monsoon face charges under Section 17(a)(2) and related exchange act provisions. The SEC further charges Basile with aiding and abetting the violations of both companies.
As a result, the regulator is seeking permanent injunctive relief against all three defendants. Disgorgement of ill-gotten gains with prejudgment interest forms part of the requested remedies.
Civil penalties are also being sought to address the alleged misconduct by Basile and his entities. A conduct-based injunction would additionally bar defendants from future securities activities.
The SEC is pursuing an officer-and-director bar specifically targeting Basile. This bar would prevent him from serving in any leadership role at a public company.
Litigation is being led by Brockett, Flath, and Rodriguez from the SEC’s New York Regional Office. Supervision of the case falls under Jack Kaufman of the same office.
Crypto World
XRP Price Waits for Buyers as SuperTrend Flips Bullish and Liquidity Holds Steady
TLDR:
- XRP’s SuperTrend indicator flipped bullish on the daily chart for the first time since January 17, 2025.
- Transfers above 100K and 1M XRP show periodic spikes but lack consistency, signaling no clear whale direction.
- No strong correlation exists between XRP inflows and price, pointing to balanced liquidity absorbing supply.
- A daily close above $1.55 resistance could trigger a relief rally toward the primary target zone of $1.90.
XRP price is drawing attention as fresh technical and on-chain data point toward a potential trend reversal. At $1.43, the asset’s SuperTrend indicator has flipped bullish on the daily chart for the first time since January 17.
Meanwhile, on-chain transfer data shows balanced liquidity conditions across the market. Analysts are now watching key resistance levels closely.
The broader setup suggests that a sustained push from spot buyers could trigger a sharp upward move in price.
On-Chain Data Points to Balanced Liquidity Across XRP Market
Retail activity remains visible in the XRP network, particularly through transfers in the 10,000 to 100,000 XRP range.
Source: Cryptoquant
However, this type of inflow primarily generates trading volume rather than direct price movement. Transfers at this scale carry a neutral effect on price direction overall.
Larger transfers, those above 100,000 and one million XRP, have shown periodic spikes in activity. Yet the pattern remains inconsistent, meaning whale participants are not applying steady directional pressure. The market, as a result, lacks a clear dominant force at the upper transfer tiers.
Notably, there is no reliable correlation between inflow volume and price movement in either direction. When inflows rise, the price does not automatically fall. When inflows slow, the price does not automatically climb either.
This pattern suggests that incoming coins are not all being sold into the market at once. Sufficient liquidity appears to be absorbing available supply.
Based on this data, the main price drivers are likely derivatives market activity and the broader market trend rather than spot inflows.
SuperTrend Flip Puts XRP Resistance Level of $1.55 in Focus
Crypto analyst Ali Charts noted on social media that XRP’s SuperTrend indicator has turned bullish on the daily chart.
This is the first such signal since January 17, ending an extended period of sell pressure across the chart. The shift marks a notable change in short-term trend structure for the asset.
The real test, however, remains at the $1.55 resistance level. That price zone has repeatedly capped upward movement in recent weeks. A clean daily close above $1.55 would likely open the door to a broader relief rally.
With the SuperTrend now acting as a trailing support floor, the primary target for any sustained move sits at the $1.90 zone. Traders are watching that level as the next meaningful objective should buying pressure increase.
On-chain conditions currently show no strong selling pressure in the market. Liquidity remains stable, and inflows alone are not dominating price action. If spot buying strengthens from here, XRP could move sharply higher in the near term.
Crypto World
Kelp Restaking Protocol Exploited, $293M Drained
DeFi markets faced another high-profile setback this weekend as Kelp, a liquid restaking protocol, disclosed a cyber attack targeting its rsETH restaking token. The incident prompted an immediate pause of rsETH smart contracts across Kelp’s mainnet and multiple Layer-2 networks as the project investigates potentially hundreds of millions of dollars in losses. Blockchain security firm Cyvers later pegged the damage at about $293 million, signaling a significant hit to users and counterparties tied to the restaking ecosystem.
Kelp stated on X that it detected suspicious cross-chain activity involving rsETH and subsequently halted rsETH contracts on mainnet and several Layer-2s to prevent further damage while the investigation unfolds. Cyvers added that the attacker exploited the rsETH adapter bridge—the software component that manages the rsETH token—allowing the drain of funds from the platform. The firm also noted that the attacker has been actively moving funds, with a substantial portion converted into Ethereum (ETH).
In the wake of the breach, the attacker’s on-chain activity has increasingly relied on a Tornado Cash mixer-funded address. Cyvers reported that roughly $250 million of the stolen funds had already been swapped into ETH, underscoring the challenge of tracing and recovering assets in the DeFi space once they leave the original contract domains.
Key takeaways
- The Kelp rsETH attack reportedly drained about $293 million, triggering contract pauses across Kelp’s mainnet and several Layer-2 networks as investigators assess the damage.
- The attacker targeted the rsETH adapter bridge, leveraging cross-chain dynamics that underscore risks inherent to DeFi composability and restaking ecosystems.
- At least nine protocols with exposure to rsETH reportedly froze activity in response, while Aave moved to suspend rsETH markets on V3 and V4 to contain risk.
- Approximately $250 million of the stolen funds have been converted to ETH, with the attacker utilizing a Tornado Cash mixer-funded address, complicating on-chain tracing efforts.
Attack details and ecosystem response
According to Kelp, the breach traces to irregular cross-chain activity linked to rsETH, prompting an immediate safety pause to contain potential further loss. The company’s moderation was swift, spanning mainnet and several Layer-2 deployments, as the team works through the incident. While Kelp is conducting its investigation, the broader DeFi community has begun to map the ripple effects beyond a single protocol.
Blockchain security firm Cyvers provided a stark figure for the loss, estimating the total at about $293 million. The firm’s analysis highlights the risk that bridges and adapters—components that enable tokens like rsETH to move across chains—present when vulnerabilities exist in the bridging layer. The incident aligns with a pattern of high-severity exploits aimed at cross-chain and interoperable DeFi primitives, where a single compromised bridge can force widespread disruption across multiple protocols.
In response to the breach, several DeFi platforms publicly paused or limited exposure to rsETH. Notably, Aave—one of the largest DeFi lenders—announced that rsETH markets had been frozen on its V3 and V4 deployments. Cyvers notes that at least nine protocols reportedly had exposure to rsETH and executed precautionary freezes or withdrawal restrictions as a precautionary measure to prevent cascading losses.
Analysts and observers have highlighted a core risk exposed by the incident: the compounding nature of DeFi’s composability. When multiple protocols rely on a shared token or bridge, a vulnerability in one hinge can reverberate across the entire network, forcing sudden risk management actions across an otherwise diversified ecosystem. Cyvers senior leadership emphasized to Cointelegraph that this is precisely the kind of incident that underscores the fragility and complexity of modern DeFi infrastructure when bridges and adapters are compromised.
Contextual backdrop: a string of cybersecurity incidents
The Kelp attack sits within a broader panorama of DeFi hacks observed over the past several months. In late April, Drift Protocol—a decentralized derivatives exchange—suffered a major exploit that drained roughly $280 million from the platform. Drift’s post-mortem described a months-long intrusion, noting the attackers’ alleged infiltration of developer machines and the eventual deployment of malware. The incident traced to a sophisticated operation that reportedly included access gained at a large crypto conference, followed by collaboration with the attackers before the breach unfolded.
Taken together, these events illuminate a persistent security challenge for the nascent DeFi stack: attackers are increasingly targeting the risk-prone layers of cross-chain interoperability and restaking mechanisms, where a single vulnerability can cascade into sizable losses across multiple protocols. Industry participants continue to debate the best path forward—ranging from more stringent bridge audit standards to enhanced multi-party computation (MPC) and formal verification for cross-chain components.
What this means for investors, users, and builders
For users and liquidity providers, the Kelp incident underscores the importance of understanding the specific risk profiles of restaking and cross-chain primitives. Restaking naturally introduces an expanded attack surface: while it offers potential yield enhancements, it also increases reliance on the security of adapter contracts and bridges that connect across layers of the ecosystem. Investors should monitor how protocols respond to such incidents, particularly regarding fund recovery efforts, contingency plans, and the timelines for resuming normal operations.
From a builder’s perspective, the episode highlights several priorities: rigorous security testing of bridge and adapter code, heightened monitoring for cross-chain anomalies, and clearer disclosure frameworks around incident response. The drift toward rapid, publicized pauses—while essential for risk containment—also presses for standardized playbooks so that platforms can coordinate responses without sacrificing user trust.
Regulators and policymakers may also take note of the evolving security landscape, especially as DeFi protocols broaden their engagement with restaking mechanisms and more intricate cross-chain flows. The balance between innovation and resilience will likely shape ongoing discussions around security best practices and capital-adequacy considerations for DeFi incumbents as they scale.
Closing perspective
As the Kelp investigation unfolds, observers will be watching for a clearer accounting of the breach’s root causes, the effectiveness of the emergency pauses, and any progress toward asset recovery. The incident, along with Drift’s earlier breach, reinforces a central theme for the crypto markets: cross-chain and restaking infrastructures demand heightened scrutiny, robust security postures, and coordinated risk management across the ecosystem. Readers should stay tuned for updates on Kelp’s findings, the status of rsETH across major platforms, and any new measures aimed at hardening DeFi’s interconnected layers.
Crypto World
Kelp Hacked, Losses Climb to $293M As Other Protocols Impacted
Kelp, a liquid restaking protocol, was the victim of a cyber attack on Saturday, causing the platform to pause smart contracts for its restaking token (rsETH), as it “investigates” the attack amid reports of hundreds of millions of dollars in losses.
“Earlier today, we identified suspicious cross-chain activity involving rsETH. We have paused rsETH contracts across mainnet and several Layer-2s,” the Kelp platform said in an X post.
The attacker exploited the rsETH adapter bridge contract, the software code that manages Kelp’s rsETH token, and drained the platform of about $293 million in funds, according to blockchain security firm Cyvers.

The attacker used a Tornado Cash crypto mixer-funded address and has already converted about $250 million of the stolen funds to Ether (ETH), the native cryptocurrency of the Ethereum layer-1 blockchain network, Cyvers told Cointelegraph.
In response to the attack, decentralized finance (DeFi) platform Aave announced it had frozen rsETH markets on Aave V3 and V4. At least nine crypto protocols had exposure to the token and have frozen activity on their platforms in response, Cyvers said.

“This is exactly the kind of incident that highlights the risks of composability in DeFi,” Deddy Lavid, CEO of Cyvers, told Cointelegraph. Cointelegraph reached out to Kelp but did not obtain a response by the time of publication.
The incident is the latest in a string of cybersecurity hacks and exploits of crypto platforms over the last several months, as crypto losses from hacks and scams totaled about $482 million in Q1 2026.
Related: Fake Ledger Live app on Apple App Store drained $9.5M from victims: ZachXBT
Drift Protocol hacked for $280 million
Decentralized cryptocurrency exchange Drift Protocol also suffered an exploit in April, which drained the platform of about $280 million.
The Drift Protocol team said the attack took “months of deliberate preparation,” in which the team was infiltrated by suspected North Korean state-affiliated hackers.
In a post-mortem update, the Drift team said they met the attackers at a “major” crypto conference and collaborated with them for several months before the attackers deployed malware on developer machines and compromised the platform.
Magazine: DeFi’s billion-dollar secret: The insiders responsible for hacks
Crypto World
Pepe Coin Price Prediction 2026: PEPE Rips 10% on ETF News, DOGE Whales Pile In, but Is Pepeto the Next 100x Meme Before the Binance Listing?
The Pepe Coin price prediction fires back to life after PEPE rallied 10% on April 17 as $39.78M in fresh derivatives capital and ETF speculation pulled the token off the lows, per CoinMarketCap.
The move tracked Canary Capital’s S-1 filing for the first U.S. listed spot PEPE ETF earlier this month. Dogecoin (DOGE) rode the same tape higher as large holders bought 330 million DOGE and pushed price toward $0.10.
Every Pepe Coin price prediction is now getting repriced around the ETF news, and projects with real tools and confirmed listings are the ones big money keeps chasing. Pepeto crossed $9.16M because the wallets inside know $1,000 at this price becomes $100,000 after the Binance listing.
Santiment data shows $39.78M in fresh capital entered PEPE derivatives on April 17, pushing the token up 10% with a positive funding rate of 0.0043% and controlled bullish leverage, per CoinMarketCap. Canary Capital filed an S-1 for the first spot PEPE ETF on April 8. Dogecoin whales bought 330 million DOGE the same week, driving DOGE back above $0.10 with $3.99M in short liquidations.
The daily chart now flashes a confirmed breakout within a rising channel, targeting $0.0000055 on a clean close. The ETF news favors projects with real demand over tokens running on sentiment alone.
Pepe Coin Price Prediction Compared: PEPE, Dogecoin, and the Presale Opportunity Pepeto
Pepeto Builds the Tools Pepe Never Did So the ETF Rotation Flows Here
Pepe proved meme energy alone can mint $11 billion in value and turn $500 entries into millions. It also proved that without tools, every dollar eventually comes back down. Pepeto is building what Pepe never had, which is why $9.16M is already in and the Binance listing moves closer every day.
The contract scanner scores every position for risk before capital moves, catching traps and abnormal large holder activity so traders sidestep the damage that hits everyone else. The zero fee swap engine lets holders move tokens across networks at no cost, breaking the wall that shuts smaller traders out. Both tools carry a completed SolidProof audit and run live today.
The same creator who proved one token and one community can produce $11 billion cofounded Pepeto, with a Binance exchange veteran leading development. The last stage closed early, this stage fills while the market watches, the same pattern that preceded every presale to listing move that made early buyers rich.
Pepe (PEPE) Price at $0.0000039 After 10% Rally on ETF Speculation
Pepe (PEPE) trades at $0.0000039 on April 17 per CoinMarketCap, sitting 87% below the $0.000028 all time high with a $1.5 billion cap.
The 10% rally arrived on $39.78M in derivatives inflows and Canary Capital’s S-1 for the first spot PEPE ETF. Support holds at $0.0000036 with resistance at $0.00000408 and $0.0000055 above.
DigitalCoinPrice projects PEPE between $0.0000057 and $0.0000072 for 2026, roughly 55% to 95% from here. That math still takes months, while presale to listing entries need one event to deliver multiples no meme coin recovery can match.
Dogecoin (DOGE) Price at $0.98 as Large Holders Buy 330M DOGE in a Week
Dogecoin (DOGE) trades at $0.98 on April 17 per CoinMarketCap, sitting 86% below its $0.7376 record. Large holders bought 330 million DOGE this week, pushing price above the key $0.10 resistance. Spot and derivatives volumes surged 62% and 56%.
Without a supply cap, every rally faces inflation pressure, and DOGE needs a supercycle to deliver the multiples presale entries with confirmed listings ahead produce from a single event.
Conclusion
Pepe already proved meme coins mint millionaires, and the ETF rally ripping 10% out of the chart today just confirmed smart money still bets on this lane, but the biggest returns in crypto history never came from chasing a recovery already in motion. They came from catching presale pricing the candle before a confirmed listing printed, every single time.
PEPE has the ETF news and DOGE has the brand, but neither holds what Pepeto holds right now, and fresh capital keeps landing on the Pepeto site every hour as this round fills toward the listing window.
Buying Pepeto now at $0.0000001865 is how the wallets reading this setup correctly step into the 100x position every trader who waits one more day ends up paying listing price for.
Click To Visit Pepeto Website To Enter The Presale
FAQs
What is the Pepe Coin price prediction for 2026 after the ETF speculation rally?
Pepe (PEPE) trades at $0.0000039 with analysts projecting $0.0000057 to $0.0000072 for 2026, roughly 55% to 95% upside. PEPE rallied 10% on April 17 as $39.78M in derivatives inflows and Canary Capital’s spot PEPE ETF S-1 filing fueled the move.
How does Pepeto compare to holding Dogecoin (DOGE) for a recovery?
Pepeto at $0.0000001865 targets 100x from a confirmed Binance listing, SolidProof audit, and live exchange. The presale raised $9.16M with 182% APY, while DOGE at $0.98 needs a full supercycle to retake its $0.7376 record.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Crypto World
Analysts Forecast $10 XRP Price Prediction Amid Trump-Iran Geopolitical Breakthrough as AlphaPepe AlphaSwap Tech Outpaces Legacy Asset Returns
Trump confirmed the US is “very close” to a nuclear deal with Iran on April 16 as a 10-day ceasefire between Israel and Lebanon took effect and Pakistan mediated direct talks in Islamabad. Oil prices dropped on the de-escalation and risk assets surged across equities and crypto simultaneously. The XRP price prediction expanded immediately as analysts recalculated what a resolved Middle East conflict means for institutional flows. European Business Magazine projects $5 to $10 for XRP if the CLARITY Act passes into law, while 24/7 Wall Street notes $10 would place XRP’s market cap at $610 billion, roughly where Ethereum peaked in 2025. The geopolitical breakthrough reshapes the macro backdrop for every digital asset. But AlphaPepe does not need a peace deal to deliver. AlphaSwap is already live and outpacing legacy return profiles from Stage 13 at $0.01494 with over $890,000 raised across 7,700 wallets.
The $10 XRP Price Prediction and What the Iran Breakthrough Unlocks
The conflict has been the single largest macro headwind suppressing crypto since February 2026. Oil above $100 kept the Fed locked at 3.5%. XRP fell from $2.40 to $1.35 during the war months. A resolution changes the calculus at every level. Lower oil frees the Fed to signal cuts. Rate signals drive institutional capital back into risk assets. ETF inflows resume at scale.
Standard Chartered’s Kendrick projects $8 if the CLARITY Act passes and ETF inflows reach $10 billion. Zipmex places the 2030 range at $5 to $15 with $10 achievable if Ripple captures meaningful SWIFT settlement volume. A Coinbase and EY-Parthenon survey found 18% of institutional investors already hold XRP and 25% plan to add exposure in 2026. From $1.35 to $10 is a 640% return that requires peace, legislation, and institutional adoption scaling over 12 to 18 months. Legacy asset returns across BTC, ETH, and XRP all measure in single-digit multiples from current prices. That is meaningful wealth preservation. It is not the compressed asymmetry presale positioning offers.
AlphaSwap Tech Outpaces Legacy Returns Before Any of Those Catalysts Arrive
AlphaSwap does not need an Iran deal, a CLARITY Act vote, or ETF inflows to function. It is already live. A cross-chain AI DEX screening every contract for exploit patterns before execution, tracking whale flows across chains in real time, and generating trading fee revenue today. The technology operates in a category where AI now catches 92% of exploited vulnerabilities before human auditors flag them. AlphaPepe puts that capability directly at the retail level through an interface that works now, not after a diplomatic milestone.
The developer behind AlphaSwap delivered 500 million transactions across Shibarium mainnet. A 10/10 BlockSAFU audit verified the contract with zero flags. Supply capped at 1 billion tokens. Instant delivery. Zero vesting. Stakers earning 85% APR while Q2 approaches. Tier 1 CEX debut follows.
Over $890,000 raised from 7,700 wallets. Stage 13 at $0.01494 with 100 new addresses arriving daily. A $2,500 entry secures 167,336 tokens. Analysts targeting $1.50 value that at $250,904. At $3.50 it crosses $585,676. Buyers at $2,000 or above can apply code ALPHA50 for a 50% bonus. XRP needs peace, legislation, and institutional scaling for 640%. AlphaPepe needs Q2 for a return that outpaces every legacy asset on the board.
Geopolitics Reshape Timelines. AlphaSwap Already Shipped.
The Trump-Iran breakthrough may accelerate the $10 XRP thesis or it may stall at the negotiation table. The presale at $0.01494 with $890,000 raised and a live AI DEX does not fluctuate with diplomatic headlines. Stage 13 is filling and the $1 million milestone approaches.
Click To Visit AlphaPepe Official Website To Enter The Presale
FAQs
Can XRP reach $10 after a Trump-Iran deal?
Analysts project $5 to $10 if CLARITY passes and macro conditions improve. A peace deal would lower oil, free the Fed, and accelerate institutional ETF inflows toward the $10 billion threshold XRP needs.
How does AlphaSwap outpace legacy asset returns?
A live AI DEX at Stage 13 pricing of $0.01494 with analyst targets of $1.50 to $3.50 offers 100x to 234x versus single-digit multiples from BTC, ETH, and XRP at current levels.
How close is AlphaPepe to raising $1M?
Over $890,000 across 7,700 wallets at $0.01494. The $1 million mark is approaching with 100 new addresses entering daily.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Crypto World
Solana futures open interest up 20% this week; price upside hinted
Solana’s SOL token has rallied about 10% over the past five days, trading at a three‑week high as broader risk appetite improves following news of a ceasefire extension between the United States and Iran. Despite the price strength, SOL remains a relative laggard in 2026, with the token underperforming the wider crypto market year-to-date.
Derivative markets point to renewed interest in SOL. Aggregate SOL futures open interest rose to about $4.2 billion on Friday, up from roughly $3.5 billion at the start of the week. While higher open interest signals growing participation, the perpetual funding rate has hovered around 3% annually, suggesting that buyers are not yet fully convinced and that leverage demand remains moderate. In a neutral setting, funding rates typically sit higher—roughly 5% to 10% annually—so the current reading implies cautious optimism rather than robust bullish conviction.
As Solana’s price action unfolds, on-chain activity presents a mixed picture. Solana continues to lead in decentralized exchange (DEX) volume and total value locked (TVL), underscoring its ongoing utility and network robustness. Yet Solana’s DApp revenue has softened in recent months, currently averaging around $16 million per week. By comparison, Ethereum’s DApp revenue has hovered around $10 million weekly, with BNB Chain at roughly $4 million, suggesting broader cooling in on-chain monetization across major ecosystems even as the Solana ecosystem remains an outsize DEX and TVL actor.
Key takeaways
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Solana remains dominant in DEX volume and TVL, even as SOL underperforms the broader crypto market in 2026.
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SOL futures open interest rose to about $4.2 billion, indicating expanding participation, while the 3% annualized funding rate signals cautious conviction from bulls.
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On-chain revenue trends show Solana’s DApp ecosystem still active but trending lower, with weekly DApp revenue near $16 million, versus higher activity on other chains.
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A wave of memecoin activity contributed to demand for SOL futures, echoing a pattern seen in prior bullish cycles and potentially foreshadowing a renewed price push.
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Analysts note that if memecoin enthusiasm persists and hedging pressure eases, SOL could revisit upside targets toward the $100 level, though macro catalysts and funding dynamics will shape the path there.
Solana’s market position amid price discord
Despite SOL’s 2026 price gap relative to some peers, Solana’s core strengths remain intact. The network continues to attract substantial DEX activity and holds a commanding share of TVL, reinforcing its role as a leading layer-1 for on-chain trading and liquidity provisioning. This structural advantage matters for traders and builders who rely on Solana’s low-latency design and ambitious wallet integration to power a broad spectrum of DeFi and Web3 apps.
Nevertheless, the broader price action tells a different story. SOL has lagged the wider market this year, suggesting that speculative drivers have cooled and that upside risk hinges on fresh catalysts beyond the continuation of positive on-chain fundamentals. For investors, the divergence between network dominance and price performance underscores a nuanced risk-reward dynamic: the chain’s intrinsic activity remains robust, but market enthusiasm requires new leverage‑driving momentum.
Derivatives backdrop: liquidity, leverage, and what to watch
The jump in open interest to $4.2 billion indicates growing participation from both institutional and retail traders interested in SOL’s volatility and spread efficiency. However, the persistent 3% annualized funding rate points to a market that is not fully pricing in a strong directional move. In calmer funding environments, sustained positive funding rates reflect ongoing demand for long positions; a reversion toward higher rates could accompany a renewed push higher in SOL, while a drop or negative rate would signal mounting short interest and potential downside pressure.
Traders will want to monitor whether the funding dynamic shifts as macro headlines evolve. A shift toward higher funding rates could accompany a more confident bull case, whereas persistent lower rates might imply a tighter range or consolidation phase. In this sense, perpetual futures markets offer a live read on market sentiment, even as they do not guarantee a specific price path.
Memecoin momentum and the DApp revenue narrative
Beyond the technical and macro layers, meme-driven demand has a notable footprint on SOL sentiment. A cluster of memecoins surged 40% or more over a short window, contributing to higher futures activity and capturing speculative interest around Solana. This pattern echoes earlier cycles where Solana benefited from surging user activity and social hype linked to memecoins, including iterations tied to high-profile tokens. While memecoins can catalyze short-term gains, they also introduce volatility that traders must manage carefully.
At the same time, Solana’s ongoing commitments—robust validator security, a smooth user experience through Web3 wallets, and continued DEX leadership—provide a foundational tailwind for sustained activity. The ecosystem’s ability to translate on-chain traffic into real-use cases will be critical if momentum from memecoins wanes and investors seek more durable value drivers.
Where next for SOL? Risks, rewards, and the watchpoints
The potential for a renewed move toward the $100 level exists in a confluence of favorable conditions: easing geopolitical risk reducing macro risk aversion, a continued uptick in memecoin-driven demand, and a pickup in leveraged exposure if funding signals shift higher. Yet several caveats remain. The broader crypto market’s appetite for DApps and on-chain revenue remains a key variable; if user activity cools further or if competing ecosystems regain traction, SOL’s upside could be constrained despite favorable derivatives signals.
What to watch next includes the trajectory of SOL’s funding rate and open interest, any shifts in DApp monetization trends, and how memecoin liquidity evolves in the near term. Macro headlines—ranging from commodity price shifts to regulatory developments—could also tilt momentum in surprising ways, given Solana’s sensitivity to risk sentiment and liquidity conditions.
As investors weigh the signals, the path to a meaningful upside will likely hinge on a combination of renewed DEX and TVL strength, a sustained pickup in on-chain activity, and a favorable macro backdrop that encourages broader leverage in SOL futures. Until then, volatility remains a defining feature of SOL’s trading narrative.
Readers should monitor how open interest evolves and whether the funding rate firms up or ebbs with changing sentiment, as these reads often precede more tangible price moves. The next few weeks will be telling for whether Solana can reconcile its network momentum with a fresh cycle of price appreciation.
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