Pi Network price has staged a strong recovery this month, moving up by 50% from its lowest level this year, making it one of the best-performing cryptocurrencies in the industry.

Pi Coin (PI) token rose to a high of $0.1945, its highest level since January 20th. It has risen in the last four consecutive days, outperforming other cryptocurrencies like Bitcoin and Ethereum.

Pi Network token jumped as investors waited for key upgrades, which will start today, February 15. More upgrades will continue in the coming weeks or months as the developers work towards increasing its decentralization. The upgrades are part of its movement from version 19 to 22 of the Stellar network.

Pi Network price has also jumped as investors anticipate the upcoming first-year anniversary of its mainnet launch, which happened on February 20th last year.

Additionally, data shows that the coin’s demand has jumped in the past few days. Data compiled by CoinMarketCap shows that the 24-hour volume jumped to over $52 million, much higher than the recent daily average of below $10 million.

Most importantly, there are signs that the network will receive a big listing later this year. For example, Kraken, a top American exchange, has hinted that it will launch it soon. It has added it on its roadmap page, raising the possibility of a listing.

Kraken will become the first major exchange that has listed the token since its mainnet launch last year. It will make it available to other American investors as the company has millions of customers.

Pi Coin price is also doing well because of the ongoing crypto market rally, which started on Friday after the US released the latest consumer inflation report. The report revealed that the headline CPI fell to 2.4% in January and is slowly moving towards the 2% target.

Pi Network price technical analysis 

The daily timeframe chart shows that the Pi Network price bottomed at $0.1300 this month and has rebounded in the past few days. It has rebounded to a high of $0.1965, its highest level since January 19.

The token has jumped above the key resistance level at $0.1522, its lowest level on October 10 last year. It formed a double-bottom pattern at that level. It also rebounded after becoming oversold.

The coin has now formed a three white soldiers pattern, which is made up of three consecutive bullish candles. It has moved above the 50-day Exponential Moving Average, a sign that bulls are in control.

Therefore, the most likely scenario is where the token continues rising as bulls target the key resistance level at $0.2166, its highest swing in December last year. A move above that level will point to more gains, potentially to the psychological level at $0.2500.

The risk, however, that the ongoing rebound could be a dead-cat bounce, where an asset in a freefall rebounds and then resumes the downtrend.

TLDR:

• Buterin warns prediction markets prioritize short-term betting over meaningful information discovery value 
• Current platforms rely on naive traders with poor judgment, creating incentives for exploitative practices 
• Hedging applications allow users to reduce risk exposure without extracting value from uninformed participants 
• Personalized AI-driven prediction market baskets could replace traditional stablecoins and fiat currencies

Prediction markets face a critical juncture as Ethereum co-founder Vitalik Buterin expresses growing concerns about their current trajectory.

The platforms have achieved commercial success with substantial trading volumes. However, they increasingly focus on short-term cryptocurrency bets and sports wagering.

Buterin argues this shift toward immediate gratification undermines the technology’s potential for societal benefit. The current model prioritizes revenue over meaningful information discovery.

Buterin recently outlined an alternative vision centered on hedging applications that could reshape decentralized finance.

Current Market Dynamics and Sustainability Concerns

Prediction markets currently operate with two primary participant types. Smart traders provide market intelligence and generate profits through informed positions.

The counterparty must inevitably absorb losses to maintain market function. This structure creates fundamental questions about long-term viability.

Buterin identifies three categories of loss-absorbing participants in his analysis. Naive traders bet on incorrect outcomes based on flawed reasoning.

Information buyers fund automated market makers to extract valuable data. Hedgers accept negative expected value to reduce overall risk exposure.

The present ecosystem relies heavily on naive traders with poor judgment. Buterin acknowledges no inherent moral failing in this dynamic.

Nevertheless, he warns this dependency creates perverse incentives for platform operators. Companies feel pressure to attract and retain traders with weak analytical skills.

This approach pushes platforms toward what Buterin describes as activities with short-term appeal but lacking meaningful value. Teams justify these choices as survival tactics during challenging market conditions.

The business model rewards cultivating communities that embrace poor decision-making. Market participants chase dopamine-driven activities rather than meaningful information discovery.

Hedging Applications and Decentralized Stability Solutions

Buterin proposes hedging as a sustainable alternative for prediction market growth. The concept extends beyond traditional insurance into personalized risk management.

A biotech shareholder could bet against favorable political outcomes to balance portfolio exposure. This strategy reduces volatility without requiring zero-sum extraction from uninformed traders.

The most ambitious application targets stablecoin architecture itself. Current stablecoins depend on fiat-backed reserves that compromise decentralization principles.

Users seek price stability to meet future financial obligations. Different individuals face varying expense profiles across goods and services.

Buterin envisions eliminating traditional currency through prediction markets on diverse spending categories. Users would hold personalized baskets of market shares representing their expected expenses.

Local artificial intelligence systems would analyze individual spending patterns. The technology would recommend appropriate hedging positions for each user’s circumstances.

This framework requires markets denominated in productive assets like interest-bearing instruments or wrapped equities. Non-yielding currencies carry excessive opportunity costs that negate hedging benefits.

Both market sides achieve satisfaction when participants pursue genuine risk management. In his message, Buterin urges the industry to “build the next generation of finance, not corposlop.” Sophisticated capital flows naturally toward sustainable economic structures rather than exploitative models.

Ethereum price remains under pressure after a recent decline that stalled recovery momentum. ETH trades at $2,087 and has reclaimed the $2,000 level, but is failing to build sustained upside. 

The challenge facing Ethereum is not just resistance levels, but indecision among key holder cohorts.

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Ethereum Whales Sell… Then Buy Again

Whales and long-term holders represent two of the most influential cohorts in any cryptocurrency market. In Ethereum’s case, both groups are sending mixed signals. This lack of alignment is contributing to prolonged sideways price action.

Addresses holding between 100,000 and 1 million ETH sold approximately 1.3 million ETH between February 9 and February 12. That selling equates to roughly $2.7 billion in value. However, the same cohort purchased 1.25 million ETH within the following 48 hours.

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The rapid reversal represented nearly $2.6 billion in buying during the same week. Such large-scale back-and-forth activity creates liquidity without directional bias. As a result, the Ethereum price remains range-bound rather than trending decisively upward or downward.

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Ethereum LTHs Accumulated… But They Are Now Selling

The HODLer net position change metric reinforces this indecision. This indicator tracks movements of long-term holder balances. Since late December 2025, long-term holders had been steadily accumulating ETH.

At the beginning of February, that trend shifted. Long-term holders reduced buying activity and began modest distribution. While the selling pressure has not been aggressive, it signals growing uncertainty among investors, typically associated with strong conviction.

Mixed whale activity, combined with cautious long-term holders, limits bullish momentum. Without sustained accumulation from these cohorts, the Ethereum price faces difficulty breaking above major resistance levels.

ETH Price Is Stuck Around $2,000

Ethereum trades at $2,087 and has successfully reclaimed the $2,000 threshold. The next major resistance sits at $2,241. A move toward that level requires a clear bullish bias from dominant holder groups.

Given the current absence of decisive accumulation, consolidation remains the most probable scenario. Ethereum may continue hovering near $2,000 while defending the $1,902 support level. Sideways momentum could persist until directional conviction emerges.

If whales and long-term holders shift back toward accumulation, Ethereum could break above $2,241. A sustained rally may extend toward $2,395 and potentially test $2,500. Clearing $2,500 would invalidate the bearish thesis and confirm a stronger recovery trend.

TLDR:

• UAE reportedly holds over $900 million in Bitcoin during recent market weakness.
• $736 million in Bitcoin shorts were liquidated in a single trading move.
• The event marked the largest short squeeze since September 2024.
• Crowded bearish positioning created rapid forced buying pressure.

Bitcoin markets shifted sharply as fresh capital and forced liquidations changed positioning across exchanges. The United Arab Emirates now holds over $900 million worth of Bitcoin, while roughly $736 million in short positions were liquidated in a single move.

UAE Expands Bitcoin Holdings as Market Reprices Risk

A post by Vivek Sen stated that the UAE now owns over $900 million worth of Bitcoin. The post framed the purchase as oil capital moving into digital assets during market weakness.

The timing of the reported accumulation aligns with broader volatility in crypto markets. Bitcoin had faced sustained pressure as derivatives traders leaned bearish. However, sovereign-level exposure signals continued institutional interest despite short-term uncertainty.

The UAE’s reported holdings reflect a growing trend among capital-rich regions seeking digital asset exposure. While price action remained constrained, accumulation during dips often indicates long-term positioning rather than short-term speculation.

Moreover, this development comes as global liquidity conditions fluctuate. Therefore, sovereign participation adds a structural layer to market demand. It also reinforces Bitcoin’s position as a macro-sensitive asset.

Although the tweet did not provide acquisition timelines, the reported figure places the UAE among notable state-level holders. As a result, market participants are watching closely for further confirmation or expansion of such holdings.

$736M Short Liquidation Triggers Forced Buying

CryptosRus reported that $736 million in Bitcoin shorts were liquidated in one move. The post described it as the largest short liquidation event since September 20, 2024, when liquidations reached about $773 million.

Notably, the price move that triggered the liquidations was not extreme. This suggests bearish positioning had become crowded across derivatives markets. Funding rates had skewed toward shorts, indicating traders were leaning heavily against price recovery.

When short positions are liquidated, exchanges automatically buy back Bitcoin to close those trades. This creates forced demand, often pushing prices higher in a reflexive cycle. As more shorts close, upward pressure can accelerate quickly.

According to the post, derivatives traders had weighed on price while spot demand remained muted. However, once liquidity shifts, crowded positions tend to unwind rapidly. That dynamic can change short-term momentum within hours.

The latest liquidation wave highlights the sensitivity of Bitcoin to positioning imbalances. Even moderate spot demand can amplify price moves when derivatives exposure becomes stretched.

Together, sovereign accumulation and forced short covering have altered the near-term market structure. While volatility persists, positioning data now reflects a market recalibrating after heavy bearish exposure.

TLDR:

• Smart Cashtags will allow users to tap $BTC or $AAPL for live charts and trading access.
• The feature connects with Elon Musk’s broader plan for X Money integration.
• X Money is in internal beta, with external testing expected soon.
• X reports 600 million monthly users and targets one billion daily active users.

X is preparing to integrate crypto and stock trading directly into user timelines through a feature called Smart Cashtags.

The update will allow users to tap ticker symbols like $BTC or $AAPL to view live charts and execute trades within the platform.

Smart Cashtags Bring Markets Into the Social Feed

X’s Head of Product, Nikita Bier, introduced Smart Cashtags as a tool designed to turn ticker symbols into interactive gateways.

When users tap a cashtag such as $BTC or $AAPL, they will see real-time price charts. The feature will also offer an option to trade directly from the timeline.

This integration aligns social interaction with market activity inside a single interface. Instead of switching between trading apps and social feeds, users will access market data in place. As a result, discussions around crypto and equities may connect more closely with live pricing information.

The feature is part of a broader financial expansion under the X Money initiative. X Money is currently in internal beta testing. External testing is expected to begin soon. The company aims to create a unified system for payments and trading within the app.

Crypto users view the move as a potential onboarding channel. With reported monthly users near 600 million, exposure to in-feed trading tools could expand market participation.

At the same time, some users have raised concerns about account suspensions and the reliability of payouts on the platform.

Musk Sets Vision for Daily Financial Engagement

In a recent post shared by Mario Nawfal, Elon Musk outlined a broader ambition for the platform. Musk stated that while monthly users average around 600 million, more than one billion people have the X app installed. He said many users only open the app during major global events.

Musk explained that expanding services such as communications, Grok, and X Money will encourage daily use. He described a goal where users could manage much of their digital life within the app. He added that he expects daily active users to exceed one billion over time.

The addition of Smart Cashtags supports this strategy by embedding financial tools directly into conversations. Market tracking and trading would become part of everyday interactions. As more services roll out, X is positioning itself as a combined social and financial platform.

The rollout remains in development, and further details are expected as testing progresses.

TLDR:

• Solana has corrected 77% from its $295 peak, mirroring past cycle retracement patterns.
• The $31–$48 zone aligns with 0.5 and 0.618 Fibonacci levels and FVG demand.
• A breakdown below $31 may expose deeper retracement toward the $17 region.
• Fractal comparison projects long-term targets between $500 and $1,000 if the cycle repeats.

Solana’s weekly chart shows a deep retracement from its all-time high, with price now trading near critical Fibonacci levels.

Market observers are watching the $30–$50 range as a possible accumulation zone ahead of the next cycle.

Fractal Structure and Historical Price Cycles

The weekly SOL/USDT perpetual chart on Binance tracks two major bull cycles followed by sharp corrections. The first cycle saw Solana rally from $1.07 to about $260 between 2020 and 2021. That move represented a gain of more than 24,000%.

After that surge, the price corrected nearly 97% to around $7.78. The second cycle followed a similar pattern. Solana climbed from $7.78 to roughly $295, recording a gain near 3,700%. It then entered another prolonged correction phase.

Crypto market analyst Crypto Patel shared a fractal comparison on X, noting the current 77% decline from the all-time high. The post compared the present structure to the previous cycle’s deep retracement.

The tweet stressed that past fractals do not guarantee future results and urged traders to manage risk.

At the time of analysis, SOL trades near $83. The chart shows that previous parabolic advances followed extended consolidation phases. This repeating structure forms the basis of the current long-term outlook.

Fibonacci Levels and Accumulation Zone in Focus

The chart shows key Fibonacci retracement levels based on the recent high of $295. The 0.382 level stands at $73.66, while the 0.5 level is near $47.96. The 0.618 level sits around $31.22, aligning with a strong area of demand.

A Fair Value Gap zone is identified between $31 and $48. This range overlaps with the 0.5 and 0.618 retracement levels. Traders often view such a confluence as a potential accumulation region during corrective phases.

If price holds above the 0.618 level, consolidation within this band may continue. However, a break below $31 could open the path toward the 0.786 retracement near $16.95. That level represents a deeper correction scenario.

The projected path on the chart outlines a possible rebound toward $100 and $150 in the medium term. Over a longer horizon, the fractal comparison points to potential targets between $500 and $1,000. These projections rely on historical cycle behavior rather than guarantees.

For now, market participants are tracking whether Solana stabilizes within the $30–$50 range. The coming weekly closes may determine whether the current structure transitions into a base for the next upward cycle.

US-based ETF issuer Roundhill Investments has filed with the US securities regulator to launch six exchange-traded funds (ETFs) tied to event contracts on the outcome of the 2028 US presidential election.

ETF analyst Eric Balchunas said in an X post on Saturday that, if approved, the ETF products would be “potentially groundbreaking.”

“Opens up huge door to all kinds of stuff,” Balchunas said, adding that prediction market applications are easy to sign up to, but ETFs are “just that much easier.”

Roundhill Investments filed with the US Securities and Exchange Commission on Friday to launch six ETF products that allow investors to speculate on the outcome of the 2028 US presidential election.

“In seeking to achieve its investment objective, the Fund invests in, or seeks exposure to, a unique type of derivative instrument known as an event contract,“ the filing said.

The ETFs include the Roundhill Democratic President ETF, the Roundhill Republican President ETF, the Roundhill Democratic Senate ETF, the Roundhill Republican Senate ETF, the Roundhill Democratic House ETF, and the Roundhill Republican House ETF.

Roundhill Investments warns investors of the risks

The filing said the objective of the ETF tied to the winning election outcome is to deliver “capital appreciation,” but warned the other five ETFs could lose almost all their value.

“This convergence will result in a sudden and substantial increase or decrease in the value of the Fund’s NAV, which is highly unique among other investment products,” the filing said.

The filing also warned investors that US regulations on event contracts are “evolving,” and any change in how event contracts are classified or “restricted” may affect the fund.