Top 10 Crypto Market Updates You Must Know

Top CryptoMarket Updates Today on CoinpediaMarkets

The cryptocurrency market is buzzing with activity, with several key assets making significant moves. Whether you’re an investor, trader, or just a crypto enthusiast, here are the top 10 updates that you should know about today.

1. Ethereum (ETH) Surges 4.71%
   Ethereum has seen a significant surge of 4.71%, bringing its price to $2,659. This rally comes as 21Shares made a notable move, depositing 6,208 ETH to Coinbase, while Blackrock experienced a $19.6 million inflow into its ETHA ETF. These developments suggest growing institutional interest in Ethereum, further solidifying its position as a leading cryptocurrency.
2. Curve (CRV) Rallies 12.6%
   Curve’s native token, CRV, has rallied 12.6% to $0.305. This spike is attributed to a decrease in Curve’s inflation rate, which dropped to 6.35%, equating to 375,000 CRV issued daily. The reduced inflation rate is a positive sign for investors, potentially leading to higher demand and price stability.
3. SATS (1000SATS) Skyrockets by 18%
   SATS, a token tied to Bitcoin, has skyrocketed by 18%, reaching $0.0003115. The surge in SATS comes as Bitcoin itself recovers in price, leading to a 158% increase in trading volume. This momentum highlights the continued strength and influence of Bitcoin in the broader crypto market.
4. Maga (MAGA) Pumps 9.1%
   MAGA, a politically-themed cryptocurrency, has pumped 9.1% to $0.00006007. The spike in price is likely due to the anticipation surrounding an upcoming interview between Elon Musk and former President Donald Trump on X (formerly Twitter). The interview is expected to draw significant attention, potentially driving further interest in MAGA.
5. Ethena (ENA) Surges 5.38%
   ENA has seen a surge of 5.38%, bringing its price to $0.3148. This increase follows a substantial deposit of 2.39 million ENA into Binance by a whale investor 13 hours ago. Such large transactions often signal confidence in the asset, leading to increased buying pressure.
6. Bone Shibaswap (BONE) Rises 5.7% Amid Binance Listing
   BONE, a token from the Shiba Inu ecosystem, has risen by 5.7% to $0.4255. The number of BONE holders has also increased to 95,453, fueled by the token’s recent listing on Binance’s Futures NEXT program. This development is expected to boost liquidity and trading activity for BONE.
7. TrumpCoin (DJT) Memecoin Surges 14.4%
   DJT, a Solana-based memecoin, has surged 14.4% to $0.00031. The rally is tied to former President Donald Trump leading in Polymarket predictions. Memecoins often experience price volatility based on news and social sentiment, and DJT is no exception.
8. Pendle (PENDLE) Surges 7.11%
   Pendle has surged by 7.11%, reaching $2.68. This increase follows a rally in Pendle’s Total Value Locked (TVL) to $7 billion, coupled with a significant rise in daily trade volume, which jumped from $200,000–$300,000 to $182 million. Pendle’s growing ecosystem and increased adoption are driving its price upward.
9. MetisDAO (METIS) Soars 6.21% Amid Chainlink Integration
   METIS has soared by 6.21% to $33.25. This price jump is linked to the recent launch of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) on the METIS network. Additionally, Binance’s support for METIS’s network upgrade and hard fork has further fueled investor confidence.
10. Maker (MKR) Surged 4.7%
    Maker (MKR) has surged by 4.7% to $1,991. Over the past five days, a single address purchased 3,291 MKR worth approximately $6.64 million. This large purchase indicates strong investor confidence in Maker, which is likely contributing to the price increase.