XRP has flipped the script this week, emerging as one of the market’s strongest performers after weeks of lackluster performance. The crypto asset briefly tapped $1.76 before stabilizing near $1.50.

A sharp rise in network participation has now added fresh weight to the rally.

Higher Levels

Ali Martinez reported that active addresses climbed from 47,180 to 356,070, an astonishing 654.71% increase in days. A spike of this size usually reflects a sharp rise in participation and can come alongside increased volatility in the token’s price.

If this is really the start of a new XRP trend, analyst Casi Trades said that the $1.20 level could soon become a thing of the past. She expects the asset to first move toward $1.78, followed by a pullback to roughly $1.30 before another push to $2.57.

The full five-wave structure could eventually take XRP to around $2.90, according to the analysis, completing Wave 1 of a much larger macro Wave 3. A later correction may bring the asset back toward $1.65, which could turn the resistance seen today into support. In that scenario, the important point is not just how high XRP could go, but whether the token ever gets another chance to trade below $1.20.

As the Ripple token cleared seven months of resistance with a roughly 70% gain in one weekly candle from the accumulation zone, Crypto Patel said that the focus is now turning to $1.55. Holding above that level could set up another bullish move, while a break below may lead to retracement or re-accumulation. The $5-$10 range remains the long-term target.

Strong Week For ETFs

On the institutional front, US-based spot XRP ETFs began last week quietly, recording zero flows on Monday, but the numbers quickly changed. Flows reached $5.81 million on Tuesday before coming in at $2.35 million on Wednesday.

From there, activity picked up following the US Treasury Department’s announcement that it would double the maximum size of liquidity-support buybacks for longer-dated government debt. Thursday saw $13.24 million, while Friday reached $18.38 million, which was the strongest level since mid-May.

The buying trend has continued into this week. $13.82 million in inflows were recorded on August 25th. Bitwise’s fund led the chart with $8.25 million, followed by Franklin and Canary’s ETFs with $4 million and $1.57 million, respectively.

The post Ripple (XRP) Just Posted a Huge Network Jump: Here’s the Level That Matters Now appeared first on CryptoPotato.

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Every major token fell over 24 hours except HYPE, though bitcoin holds a 23% weekly gain and XRP almost 45%.

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Galaxy Research’s latest tally shows that more than half of 221 Coldcard hack victim reports involved individual losses exceeding 1 Bitcoin.

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TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), announced today that the number of total accounts on the TRON blockchain has exceeded 400 million. The milestone reflects sustained activity across the network and reinforces TRON’s position as one of the world’s most actively used blockchain networks, with usage powering real-world economic activity on-chain.

The pace of account growth accelerated significantly after TRON reached its first 100 million accounts, a milestone that took four years from the launch of its genesis block on June 25, 2018. The network reached 200 million accounts approximately 17 months later, on December 7, 2023. From there, TRON doubled its total number of accounts in less than three years, surpassing 300 million on April 12, 2025, before crossing 400 million on August 23, 2026. 

TRON’s expanding user base is reflected in the scale and volume of activity taking place on the network. With more than 15.2 billion transactions processed and total transfer volume surpassing $29 trillion, TRON has emerged as critical infrastructure for the movement of digital assets at global scale. Its combination of high throughput, low transaction costs, and deep liquidity has made the network a leading settlement layer for stablecoin payments, cross-border transfers, and an expanding range of on-chain financial activity.

“Reaching 400 million accounts is a meaningful milestone for the TRON ecosystem and a reflection of the growing demand for accessible blockchain infrastructure,” said Justin Sun, founder of TRON. “From payments and stablecoins to decentralized applications and tokenized assets, TRON continues to provide the infrastructure that enables users around the world to participate in the digital economy. As adoption grows, we remain focused on building a network that is efficient, accessible, and capable of supporting the next generation of blockchain use cases.”

The milestone comes as TRON continues to expand its presence across the digital asset ecosystem, with growing applications in institutional asset tokenization. Recent developments include the launch of the S&P Pantera Digital Asset Index, which recognized the TRON blockchain among the top protocols in the benchmark, based on protocol utility, onchain liquidity, and network activity. Collaborations with Anchorage Digital, Securitize, and Bitnomial have also expanded institutional access to the TRON ecosystem.

TRON remains focused on building reliable, efficient infrastructure that supports the continued growth of its user base and the expanding role of blockchain technology in the global digital economy.

About TRON DAO

TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

Founded in September 2017, the TRON blockchain has experienced significant growth since its Mainnet launch in May 2018. TRON currently hosts the largest circulating supply of USD Tether (USDT) stablecoin, which currently exceeds $94 billion. As of August 2026, the TRON blockchain has recorded over 400 million in total user accounts, more than 15 billion in total transactions, and over $28 billion in total value locked (TVL), according to TRONSCAN. Recognized as the global settlement layer for stablecoin transactions and everyday purchases with proven success, TRON is “Moving Trillions, Empowering Billions.”

TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum

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Bitcoin’s price initiated another leg up in the past several hours, blasting past $80,000 and $81,000 for the first time since the middle of May.

BTC even outperformed many larger-cap altcoins, which resulted in an uptick in its dominance over the market.

Bitcoin Exceeded $81K

It was just a week ago when we were wondering what would be the new (old) thing that we could write about the crypto market, as bitcoin had stalled below $65,000 for a long, long time. However, Wednesday afternoon changed the trend. Whether it was the US Treasury Department’s announcement, the White House Crypto Summit, or something else, BTC exploded out of the gate with force.

It went to $70,000 within a few hours, dipped back to $68,000, and then skyrocketed once again to $75,000 by Thursday. The bulls took it a step further on Friday, helping BTC climb to almost $80,000 for the first time since mid-May.

After gaining $15,000 in days, the asset was due for a correction, which took place during the weekend with a price slip to $75,500. Nevertheless, the bull returned in full force at the start of the new business week, pushing bitcoin to over $81,000 earlier today to mark a 15-week peak.

It was stopped there and now sits inches below $80,000, but its market cap has risen to $1.6 trillion. Its dominance over the alts has rocketed to 58% on CG and to almost 60% on CMC after its latest run.

SOL Touches $100

Solana’s native token is the top performer among the larger-cap alts today, surging by 7% to over $100 for the first time in months. HYPE has neared its all-time high of $83, marked a few days ago, once again, as it now sits close to $82. ZEC has surpassed DOGE as the 10th-largest cryptocurrency by market cap.

XMR and RAIN are the other top performers from this cohort of assets, while MORPHO, AAVE, and LTC have dropped the most. Meanwhile, ETH remains inches below $2,500, XRP is stuck at $1.50, and BNB is back above $700.

The total crypto market cap has added nearly $100 billion since yesterday and is up to $2.770 trillion on CG.

The post Bitcoin Dominance on the Rise Again as BTC Tapped 15-Week Peak Above $81K: Market Watch appeared first on CryptoPotato.

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Bitcoin completed a remarkable turnaround in the past week, surging from under $65,000 on Wednesday to a three-month high above $81,000 earlier this morning.

The move began abruptly on August 19, accelerated in the following days, and, unlike the previous breakout attempts, was not halted painfully in its tracks. Obviously, something changed in the market, but the question is what precisely.

Who Lit the Fuse

The most talked-about reason behind the initial leg up was the US Treasury Department’s announcement last Wednesday that the government would at least double buybacks of longer-dated Treasury securities. This meant an increase in 10- to 30-year debt from $2 billion to at least $4 billion per operation.

At its core, the move was aimed at improving liquidity and easing pressure in the long end of the bond market, where borrowing costs had skyrocketed. Risk-on assets like BTC, alongside gold, reacted immediately with a surge from $64,000 to $70,000, while Treasury yields declined initially.

Here’s where this narrative breaks down. Long-term yields rebounded almost immediately, while BTC’s price rocketed by another $10,000-$11,000. According to analysts from the Kobeissi Letter, this suggested that investors were interpreting the Treasury intervention not merely as lower-yield support but as evidence of growing pressure surrounding the US’s fiscal policy.

As previously reported, US federal debt recently surpassed $40 trillion, while persistent deficits and massive refinancing requirements intensified uncertainty about how the government will manage the situation.

Debasement Trade Returns

The US dollar is the second macro piece in this equation. Treasury intervention pressured the greenback and revived Wall Street calls for the debasement trade: capital moving toward scarce assets, like BTC and gold, when investors fear that fiscal and monetary policies could gradually erode fiat purchasing power.

The precious metal exceeded $4,600 per ounce during bitcoin’s rally past $81,000. This synchronized move strengthened the argument that investors are treating both assets as alternatives to government-issued money.

Ray Dalio added fuel to that fire a few days ago, warning of a potential US debt crisis and recommending investors own gold and a ‘bit of bitcoin,’ while the dollar fell to a multi-month low.

Changes in Liquidity Expectations

The Treasury Department’s move led to another important change as markets are increasingly debating whether the government could use its enormous Treasury General Account more aggressively to support the bond market. The account recently stood at around $950 billion, and speculation that some of this liquidity could effectively be deployed through expanded Treasury operations has gained significant attention.

Although this is not quantitative easing, in fact, it’s very far away from it, if Treasury actions reduce pressure on long-term borrowing costs, weaken the dollar, or inject additional liquidity into financial markets, the broader environment becomes considerably more favorable for scarce and risk-sensitive assets such as BTC.

Who Amplified the Move

Appetite for BTC through the spot Bitcoin ETFs returned with vengeance last week as the figures showed a massive resurgence: almost $2 billion entered the funds in just five days, hitting a ten-month record. Expectedly, the demand accelerated after Wednesday.

Separately, the rapid move from under $65,000 to $70,000 first and $75,000 a day later forced heavily leveraged bearish trades to close positions. More than $4 billion in shorts were liquidated in less than two days, which helps explain the extreme nature of the reaction.

The Treasury announcement was the initial spark, followed by falling confidence in the dollar, which, alongside America’s fiscal trajectory, strengthened demand for scarce assets. ETF inflows added genuine spot demand, while short liquidations accelerated an already powerful surge.

The post Why Did Bitcoin Explode Past $81K? 4 Macro Factors Behind the Rally appeared first on CryptoPotato.

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Anthropic will tell IPO investors it is chasing a market above $30 trillion, the Wall Street Journal reported Tuesday. That tops SpaceX’s $28.5 trillion pitch, the largest market claim in IPO history.

The Claude maker could file its prospectus before the end of August. Bankers have floated a raise above $100 billion at a valuation near $2 trillion. Both would be records.

A $30 Trillion Dream Sold on Future AI Work

A total addressable market (TAM) is the revenue a company could earn if it won every possible customer. Anthropic’s version counts the value of work AI models could one day perform, according to the WSJ report.

In plain terms, the pitch prices the automation of much of human labor. The dream carries the weight, because today’s sales sit nowhere near that scale.

The goalposts have moved fast as Saudi Aramco’s $25.6 billion raise in 2019 stood as the IPO record until June. Then SpaceX raised $85.7 billion while claiming a $28.5 trillion market, most of it tied to AI.

Now compare Anthropic’s claim with reality. The 191 technology companies in the S&P 1500 earned about $2.4 trillion last year. The pitched market is 12 times what the entire listed US tech sector brings in.

NYU professor Aswath Damodaran, widely known as the dean of valuation, said SpaceX’s AI math already pushed past the plausible.

Anthropic’s own forecast of up to $200 billion in revenue by 2028 would capture under 1% of the claimed market.

Anthropic IPO Rests on Record Revenue and Thin Profits

The growth is real, after Anthropic’s annualized $65 billion run rate at the end of July compared with roughly $9 billion in late 2025. That is a sevenfold jump in seven months.

Preliminary second-quarter revenue topped $11.5 billion, a 14-fold rise from a year earlier, according to figures first reported by Bloomberg. The quarter also produced positive adjusted operating income, reportedly a first among frontier AI labs.

However, the fine print matters. The numbers are unaudited and could be revised before the filing lands, per Bloomberg. Adjusted profit also typically strips out costs such as stock pay.

Heavy compute bills could push later quarters back into losses. Meanwhile, the private market’s $965 billion price from May would need to roughly double within months, on one adjusted-profit quarter.

That gap defines the offering. Investors would fund years of infrastructure spending long before sustained profits arrive, hoping the raise can top SpaceX’s record haul.

Political Backlash and Rising Yields Test the Timing

Venture investor Chamath Palihapitiya sees three threats to the AI buildout:

• A spreading anti-AI mood
• Political pushback against data centers, and
• Treasury yields at multi-year highs.

The pushback is no longer talk. Texas froze new data center projects in August pending state audits. Pennsylvania Governor Josh Shapiro signed an order ending their fast-track permits, and New York imposed a one-year moratorium.

Meanwhile, borrowing costs keep climbing. The Treasury boosted bond buybacks to hold down long-term yields, partly because heavy AI-linked debt issuance weighs on the market.

Anthropic knows the risk, which explains their reported plans to list negative sentiment toward AI as a risk factor in its own prospectus. The firm also leans on Amazon and Google for compute and holds no investment-grade credit rating.

The filing, which is likely due within days, will show how much of the $30 trillion story survives full disclosure. With OpenAI’s 2027 listing timeline trailing behind, Anthropic’s reception could shape every AI debut that follows.

The post $30 Trillion Dream: Can Anthropic Sell the Biggest IPO Ever? appeared first on BeInCrypto.

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