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Solana transactions hit record 4.2B as SOL rallies 40%

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Solana transactions hit record 4.2B as SOL rallies 40%

Solana transactions hit record 4.2B as SOL rallies 40%

Tokenized real-world assets on Solana are nearing $4 billion as network activity accelerates alongside a broader recovery in crypto markets.

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Martin Shkreli’s newest memecoins are already down 94%

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Martin Shkreli’s newest memecoins are already down 94%

Less than 24 hours after joining Pump Fun, the two memecoins tied most closely to Martin Shkreli are down 94%.

On Monday, Shkreli drew over 700,000 views on his announcement that he would join the Solana memecoin launchpad and start livestreaming his trades. 

Elated, PumpFun’s official account welcomed him, claiming he already had a 6,263% gain and $1.6 million in his wallet within one day.

At time of writing, CITRINI, which he created, and MARTIN, a namesake coin that topped Shkreli’s trading history before his CITRINI transactions, have each crashed at least 94% since their highs yesterday.

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Traders have been paying particular attention to Shkreli recently after he made headlines talking about a short-sale of Moderna earlier this month.

Unfortunately, the pharmaceutical maker skyrocketed higher on positive FDA Phase 3 results shortly after he “was playing around shorting this thing at 80 bucks.”

Moderna currently trades precisely 100% higher than Shkreli’s $80 per share.

Chart of Moderna, August 2026. Source: TradingView

MARTIN, CITRINI, DJT, and MSI

A downward-sloping chart is a familiar shape for Shkreli.

Another Solana memecoin tied to him in 2024, DJT, also collapsed after a wallet dumped tokens on buyers.

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An Ethereum token linked to him in 2022, MSI, performed even worse. His pattern of losses exceeding 90% for his followers keeps repeating.

Shkreli launched CITRINI live on air. Several viewers described it as a joke, even though it lost people real money.

Yesterday and today, he has spent hours livestreaming trades to tens of thousands of cumulative viewers via X and his PumpFun profile.

The buyers on the other side of those trades were mostly anonymous wallets trying to ride the momentary pump on his endorsements.

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The MARTIN memecoin peaked at $0.0031 on Monday, the same day it launched. It then fell to $0.00016 by Tuesday morning. Its market capitalization has fallen to roughly $150,000.

CITRINI has followed the same path. It has traded from $0.0031 to $0.000087, a decline of 97%. 

Martin Shkreli’s followers keep losing money

In a reply thread under Shkreli’s join announcement, a user posted a screenshot showing a 95% loss, accusing Shkreli of endorsing a scam.

Shkreli’s responses to complaints on social media follow his typical, cagey communication style, often single words, symbols, quips, or questions that admit nothing. 

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A follower complained about losses in his replies. With no remorse, he simply asked a rhetorical question, “How are you down 97%?”

As countless followers lose money on Shkreli-themed memecoins, almost every response from Shkreli carries an element of plausible deniability.

Read more: No one surprised as DJT token has finally rugged

A pattern of losses

CITRINI was not the first collapsed token that Shkreli created. In July 2022, he launched Martin Shkreli Inu (MSI), which hit an all-time high near $0.0000343.

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On August 12 that year, a wallet linked to Shkreli dumped more than 160 billion MSI tokens in a session. The price crashed more than 90% in a day, according to Bloomberg

In his own defense, Shkreli told Futurism that he was a hack victim, not the seller. Regardless, MSI now trades more than 95% below that peak.

Two years later, in June 2024, Shkreli surfaced as the figure behind another memecoin, DJT. That Solana memecoin surged on rumors that Barron Trump was involved, even though the son of the president never publicly joined the project. 

On August 6, 2024, a wallet tied to the deployer dumped roughly $2 million in DJT. That erased the bulk of its $55 million market cap within minutes, a crash Protos covered at the time.

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DJT now trades below $0.000033, down more than 98% from its all-time high.

Got a tip? Send us an email securely via Protos Leaks. For more informed news and investigations, follow us on XBluesky, and Google News, or subscribe to our YouTube channel.

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Solana (SOL) Climbs to a 6-Month High: The Start of a Mega Rally or a Bull Trap?

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The cryptocurrency market continues its impressive performance, with Solana (SOL) being among the biggest gainers today (August 25).

The asset finally reclaimed the $100 psychological level, and now many analysts believe the path is clear for a much more substantial surge. At the same time, certain indicators suggest that a short-term pullback may also be on the way.

Major Uptrend Incoming?

SOL has rocketed by roughly 32% over the past week and hovers around $100: something last observed in February this year. Its market capitalization has increased to nearly $60 billion, solidifying the token’s position as the seventh-largest in the crypto sector.

The most obvious catalyst for the ascent is the broader market boom following the US monetary policy changes announced by the Treasury Department. As a result, Bitcoin (BTC) briefly surpassed $81,000, while Ethereum (ETH) exceeded $2,500.

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For Solana, there seems to be another factor: rising institutional interest. Spot SOL ETFs have recently attracted significant capital, signaling that conservative investors have renewed their appetite for the asset. Inflows into such products over the past 24 hours have soared past $33 million, marking the strongest day since mid-December 2025.

Spot SOL ETFs
Spot SOL ETFs, Source: SoSoValue

As expected, the green wave has sparked huge enthusiasm among traders and analysts, with optimistic forecasts flooding X. Ivan on Tech claimed that SOL has flipped bullish for the first time since Q4 and expects a rise to $300 and above. For his part, David Gokhshtein said he wouldn’t be surprised if the asset’s valuation rises to as high as $800.

Einstein is also generally positive on SOL, anticipating a short-term pump to $150 if $88 holds as support. The analyst is extremely bullish for the long run, predicting an eventual explosion to $1,000.

The Worrying Signals

Despite the positive sentiment, traders and investors should closely monitor two key factors that suggest a correction might be on the horizon.

The first is SOL’s Relative Strength Index (RSI), which has risen to 70. This means the asset has entered overbought territory, which could be a precursor to a move south. The ratio ranges from 0 to 100, where anything below 30 is considered a buying opportunity.

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SOL RSI
SOL RSI, Source: RSI Hunter

Next on the list is Solana’s recent exchange netflow. According to CoinGlass, inflows have far outpaced outflows over the past several days, suggesting that many investors have shifted from self-custody to centralized platforms. This, in turn, increased immediate selling pressure.

SOL Exchange Netflow
SOL Exchange Netflow, Source: CoinGlass

The post Solana (SOL) Climbs to a 6-Month High: The Start of a Mega Rally or a Bull Trap? appeared first on CryptoPotato.

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Ripple Price Analysis: Has XRP Run Out of Steam After the $1.70 Rejection?

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XRP has staged a sharp recovery from the $1.00 area, breaking above its long-standing descending structures on both the USD and BTC charts. However, the rally has now reached major resistance, making the current levels critical for the next directional move.

Ripple Price Analysis: The USDT Pair

The asset broke above its broad descending channel after finding support around $1.00. It has since reclaimed the 100-day and 200-day moving averages, located around $1.2 and $1.3, respectively. The move above $1.3 has turned both of these former resistance elements into near-term support.

The rally is now testing the critical $1.50 resistance zone, where the price has started to consolidate. A daily breakout above $1.50 could open the door toward the $1.80-$1.90 area. Conversely, a rejection followed by a move below $1.30 would weaken the breakout structure and raise the risk of a deeper correction, and even potentially back toward the $1 area.

The RSI has also surged above 70 and still remains extremely elevated in the overbought region. This highlights strong momentum but also leaves room for a short-term cooldown, which could lead to a retest of the 200-day moving average.

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The BTC Pair

On the XRP/BTC daily chart, it is evident that the price has attempted to break out of its broad descending channel after bottoming near 1,500 sats. However, unlike the USDT pair, the breakout has so far failed. The pair briefly pushed above the channel’s upper boundary before printing a large rejection wick, signaling that sellers remain active around this resistance.

XRP/BTC is now retracing toward the previously broken 200-day moving average, which is being tested as potential support. The reaction around this moving average could be important for the next move. If XRP/BTC manages to hold above it and establishes the former breakout area as support, another attempt at the 2,000 sats resistance zone could follow.

A successful break above 2,000 sats would strengthen the relative-strength outlook, while a decisive loss of the 200-day moving average would suggest that the recent breakout attempt was a false move and could expose the pair to further downside. The RSI has also pulled back after briefly moving above 70, reflecting the loss of momentum following the failed breakout, and indicating that a further consolidation or correction could materialize in the coming weeks.

The post Ripple Price Analysis: Has XRP Run Out of Steam After the $1.70 Rejection? appeared first on CryptoPotato.

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Fastest Bitcoin Bull Flip in a Year Has One $83,000 Problem, Analyst Says

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Bitcoin (BTC) Price Performance

Bitcoin (BTC) has flipped into a new bull market regime, according to CryptoQuant, after its Bull Score surged from 30 to 80 in a single week. The firm calls it the fastest reversal in a year.

One hurdle remains before the shift becomes official. Bitcoin must close above its 365-day moving average, which sits near $83,000 today.

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A 24% Rally Rebuilds the Bitcoin Bull Market Case

Bitcoin has climbed 24% since Monday, August 17, touching an intraday peak of $81,272 on Binance. That marks its highest level since May 15, 2026. At press time, BTC traded near $79,224, up 1.9% over 24 hours, according to BeInCrypto market data.

Bitcoin (BTC) Price Performance
Bitcoin (BTC) Price Performance. Source: TradingView

Two macro catalysts drove the move. The US Treasury said it will double long-term bond buybacks to at least $4 billion per operation from September 9. Markets also rallied after Trump’s Bitcoin purchase hint suggested Washington may buy BTC directly.

CryptoQuant’s Bull Score, a composite of 10 on-chain and market metrics, now reads its most bullish since October 6, 2025, when Bitcoin traded at $124,000. Eight of the 10 inputs currently flash green.

Bitcoin bull market Bull Score index
CryptoQuant Bull Score Index chart. Source: CryptoQuant

Demand data supports the shift. Apparent spot demand is growing at its fastest monthly pace since late December. Spot and futures demand are also expanding together for the first time since early October 2025. BeInCrypto recently examined similar crypto demand signals that had yet to confirm

“Market regime has switched to Bull for Bitcoin. Basically all metrics are pointing to the initial phase of a new bull market… Bitcoin’s price still has to cross above its 365-day MA ($83K today) for the bull market to be ‘officially’ confirmed,” Julio Moreno, head of research at CryptoQuant, added, suggesting that the data looks constructive but incomplete.

Overheating Signals Cloud the $83,000 Confirmation Test

The same report warns that the market looks stretched in the short term. Trader unrealized profit margins spiked to 20.5%, the highest since June 2025.

Meanwhile, whales realized a record $614 million in profits on August 20. Exchange inflows for BTC, Ethereum (ETH), and XRP have also jumped, a pattern that often precedes selling pressure.

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Bitcoin Bull Score Signals Including Inter-Exchange Flow Pulse. Source: CryptoQuant
Bitcoin Bull Score Signals Including Inter-Exchange Flow Pulse. Source: CryptoQuant

Broader risk appetite also leans bullish, with asset managers holding nearly $375 billion in long S&P 500 futures, close to record highs. Their emerging and developed market exposure also sits at or near records.

The rally follows Bitcoin’s strongest weekly close since 2024. Confirmation now depends on a decisive close above $83,000. The other question is whether rising exchange inflows deliver the correction Moreno flagged.

The post Fastest Bitcoin Bull Flip in a Year Has One $83,000 Problem, Analyst Says appeared first on BeInCrypto.

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South Korea trade giant POSCO brings trade receivables to Avalanche in latest tokenization move

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South Korea trade giant POSCO brings trade receivables to Avalanche in latest tokenization move


The $22 billion trading company worked with Olea and Intain on the transaction, following an Injective pilot with LG CNS last month.

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Bitcoin extends 7-day advance to roughly 25%

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Bitcoin extends 7-day advance to roughly 25%


Bitcoin crossed $80,000 for the first time since May, extending its seven-day advance to roughly 25%.

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Two People Have Died of Measles in Pennsylvania, Marking First U.S. Deaths This Year

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Two People Have Died of Measles in Pennsylvania, Marking First U.S. Deaths This Year

“Together, there could be a possibility they’re quite lethal,” Trump said of the combined shot, which has been in use for more than 50 years and has a strong safety and efficacy record.   

Doctors and vaccine scientists said Trump’s executive order and comments were unscientific and misleading. “As measles cases reach a 35-year high in the U.S. and with cold and flu season quickly approaching, [the] executive order on vaccines is not only disheartening but dangerous,” Dr. Andrew Racine, president of the American Academy of Pediatrics (AAP), said in a statement at the time. 

An additional early dose of the vaccine can also be given to children aged 6 to 11 months under some circumstances, says Dr. Elizabeth Murray, a pediatric emergency medicine physician in Rochester, N.Y. “With the ongoing measles outbreak, make sure your children are immunized. If your child is under age 1, talk to your doctor. Depending on how much measles is circulating where you live, your doctor may recommend an earlier dose,” she says. 

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Bitcoin’s Massive Breakout: Here’s Why Analysts Say This Rally Is Different

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Bitcoin (BTC) broke higher last week, ending a multi-month range and closing near $77,700. The move followed a $62,750 weekly low, marking a nearly 24% rise as the leading cryptocurrency topped $71,000 on August 20.

The rally came despite August’s historically weak performance for Bitcoin, according to the Bitfinex Alpha report. The report noted that August has typically delivered negative median returns, making last week’s move a notable shift from the month’s historical pattern.

Liquidity and ETF Demand Strengthen Bitcoin’s Breakout

A key catalyst was the U.S. Treasury’s expansion of its bond buyback program. The announcement triggered a liquidity response, while $3 billion in Bitcoin short positions were liquidated over two days, marking the largest short-side wipeout on record.

Long liquidations remained limited, while futures open interest rose to $51 billion. That combination suggests fresh positions entered the market rather than the rally coming only from traders closing leverage.

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Beyond the derivatives market, spot demand provided another source of support. U.S. Bitcoin exchange-traded funds (ETFs) posted about $1.92 billion in weekly net inflows, their strongest weekly total since October 2025. That lifted assets under management above $96 billion.

Corporate activity, however, remained subdued. Strategy, the largest publicly traded corporate Bitcoin holder, reported no BTC purchases or sales in its filing. The pause came after a period of activity and left its average acquisition price at around $75,385, below the market price.  With BTC now above that level, the company has moved from a $9.5 billion paper loss to a $4.7 billion paper profit.

Mixed Signals Emerge Beneath the Breakout

Bitfinex analysts said Strategy could influence whether Bitcoin maintains the breakout because the company stopped selling shortly before BTC moved beyond its summer range. The shift removes one source of supply pressure that had been present during the consolidation.

Meanwhile, on-chain activity presents a more cautious picture. Bitcoin transfer volumes remain close to eight-year lows, suggesting network activity has not matched the price move. At the same time, short-term holders with cost bases near $64,500 and $73,500 have moved into profit.

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Those holders could help turn previous resistance into support if the breakout holds. Bitfinex identified thin supply between current prices and a heavier concentration around $84,000 to $85,000, creating a potential next hurdle.

The broader liquidity backdrop also supports this interpretation. Mortgage rates fell for a second week while housing activity remained weak. Builders kept cutting prices as housing starts fell, suggesting easier financial conditions may reach asset markets before the wider economy.

The post Bitcoin’s Massive Breakout: Here’s Why Analysts Say This Rally Is Different appeared first on CryptoPotato.

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Pendle Oracle Move Liquidates $36 Million

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Pendle Oracle Move Liquidates $36 Million


Trades in a thinly traded Pendle yield market triggered $36.1 million of liquidations on Morpho early Tuesday, closing out leveraged positions in about 14 minutes while leaving lenders whole. Pendle and vault curator Steakhouse Financial both said the price feed did what it was built to do. The… Read the full story at The Defiant

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XRP Price Prediction: ETF Moves From Zero to Hero in 3 Months

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XRP price trades at the $1.50 area right now, but today's action masks a stretch from $1.00 to nearly $1.70 that defies bearish prediction.

XRP price trades at the $1.50 area right now, but that flat 24-hour print masks a wild three-week stretch from $1.00 to nearly $1.70 that defies bearish prediction. There’s a bigger story sitting underneath this chart, and it involves an ETF category that went from irrelevant to indispensable almost overnight.

Spot XRP ETFs posted $39.78 million in net inflows last week, the strongest weekly haul since mid-May. It has pushed cumulative net inflows to roughly $1.55 billion. It’s a sharp reversal from the week ending Aug. 8, when inflows had collapsed to just $1.01 million. Zero to hero, indeed.

XRP price trades at the $1.50 area right now, but today's action masks a stretch from $1.00 to nearly $1.70 that defies bearish prediction.
XRP ETF Flows, Coinglass

The shift coincides almost exactly with XRP’s breakout above $1.20. This is confirmation that institutional appetite for XRP exposure isn’t dead, it’s just impatient.

Discover: The Best Token Presales

XRP Price Prediction: Hit $1.60 This Week?

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XRP sits at the $1.50 area, with an intraday range between $1.46 and $1.54, reflecting a market still digesting last week’s 50% surge. Volume has cooled from the breakout spike but remains elevated relative to early August.

The immediate technical fight is at $1.51 resistance, with $1.60 and the recent high of $1.7 as the next upside checkpoints. On the downside, $1.45 is the level bulls need to defend; a break below opens the door to $1.36 and, worst case, a retest of the $1.00 floor.

Xrp (XRP)
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RSI is sitting in overbought territory on the daily chart, with price sandwiched between the EMA20 and EMA50 in a setup that often precedes consolidation rather than continuation.

If XRP can sustain its ETF inflows, it could push XRP through $1.51 and $1.60 toward new highs. But consolidation could also happen between $1.36 and $1.51 while momentum resets.

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However, if inflows stall and RSI unwinds hard, $1.00 could come back into play.

Trade XRP on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop

Bitcoin Hyper Targets Early Mover Upside as XRP Tests Key Levels

XRP holders riding the move from $1.00 have already banked real gains, but a token with a market cap north of $85 billion doesn’t double from here without a genuine catalyst.

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Overbought RSI and stacked resistance near $1.60 suggest the easy money on this leg may already be made. That’s pushing capital toward earlier-stage infrastructure plays with more room to run.

Bitcoin Hyper ($HYPER) is building the first Bitcoin Layer 2 with full SVM integration. It boasts a smart contract execution faster than Solana itself, layered on top of Bitcoin’s security.

The presale has raised $33 million at a current token price of $0.0136852, with a high 35% APY staking already live for early buyers. The pitch: low-latency L2 processing, a decentralized canonical bridge for BTC transfers, and programmability Bitcoin was never built for.

Research Bitcoin Hyper directly for the full breakdown.

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Discover: The Best Crypto to Diversify Your Portfolio

The post XRP Price Prediction: ETF Moves From Zero to Hero in 3 Months appeared first on Cryptonews.

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