Bitcoin recently touched around $117,484, boosted by optimism that the U.S. Federal Reserve may cut interest rates. Such monetary easing tends to benefit risk assets like cryptocurrencies.
On-chain data shows that more than 72% of Bitcoin’s supply is now illiquid—meaning these coins are being held in wallets rather than available for sale. This reduces selling pressure and supports a stronger long-term price outlook.
Solana (SOL)
- European sports group Brera Holdings has rebranded to “Solmate” and announced a new strategy to accumulate Solana (SOL) tokens in its treasury. The company secured $300 million in private funding from UAE investors, including Cathie Wood’s ARK Invest and Pulsar Group, to support this move
From a market perspective, SOL has shown strength despite short-term resistance levels. Analysts note that if it maintains key support zones, the token could attempt another move toward the $250–$255 range.
XRP
- XRP is currently trading in the $3.01–$3.12 range. Analysts believe it has potential to move higher due to strong support and investor sentiment. (tipranks.com)
- A trader recently argued that spreading fear, uncertainty, and doubt (FUD) about XRP is shortsighted. He pointed to the possibility of XRP reaching $10, especially if October brings positive developments such as XRP-ETF approval or progress on Ripple’s banking license applications.