08/29/2025 | Summary of notable crypto news in the past 24 hours!

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🚨 Crypto News Last Night — Quick, Easy Update! 👇

1⃣ Bitcoin and Ethereum are still “standing still” , while Solana ($ SOL) has surpassed the $200 mark, heading towards $300. Rumors of an investment fund from the US Treasury Department could be a catalyst, market sentiment is quite positive.

2⃣ Ethereum is slightly down around the 5-day EMA , but “crypto strategist” Tom Lee remains optimistic: ETH is predicted to reach $60,000 in the next 5 years, and could still double this year.

3⃣ WLFI Token is trading near $0.30 pre-market , up nearly 50% from its recent Dip . The ecosystem Token on BSC is $B hitting a new high of $0.70. WLFI will officially launch on Ethereum on September 1.

4⃣ $XPL makes the short sellers 'cry'! The price jumped to $1 on the Hyperliquid exchange, while on Binance it was trading around $0.78. Extremely volatile — The sharks are in control of the game.

5⃣ Chainlink ($LINK) and Pyth Network ($PYTH) surged after the US Department of Commerce announced it would put macro data like GDP on the blockchain, and these two projects are the main data providers.

6⃣ The Trump family also “farms” crypto! Truth Social integrates $ CRO Token , the Token price has doubled.
Note: It is too early to assess sustainability.

7⃣ An Ethereum staker "rage quit"? 1.075 million ETH are waiting to be withdrawn from the Staking system, while over 730K more ETH are waiting to join the Staking. Risk of short-term supply pressure.

8⃣ Is the US market open to international markets? The CFTC said foreign companies can apply to operate Derivative exchanges in the US through the “Foreign Board of Trade” model.

9⃣ Good news for Airdrop hunters! Sony's Layer 2 network - Soneium - launches an on-chain points system. Season 1 has begun. Anyone who scores over 80 points will receive an SBT badge. Worth a try!

🔟 AI Market Forecast Followin_E1zMf4:

  • $ BTC : The battle around the $111K support level is still intense, may accumulate more before breaking out.

  • $ETH : Capital is pouring in, but investor sentiment is Chia — be cautious of strong volatility.

  • $ SOL : Strong buy, solid short term momentum.
    👉 Overall: Cautious optimism returns, market awaits next catalyst.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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