The recent $750 million transfer of Ethereum (ETH) from Binance to Aave marks a pivotal moment in the evolution of decentralized finance (DeFi). This move, executed by two newly created wallets withdrawing 34,000 ETH ($151 million) from the exchange and depositing it into Aave’s lending protocol, underscores a broader trend of institutional-grade capital reallocation toward DeFi infrastructure [1]. As Ethereum whales and sharks have added 5.54 million ETH (a 14% increase) to their holdings over the past five months [2], the shift reflects growing confidence in Ethereum’s ecosystem and the robustness of protocols like Aave.

Aave: The Institutional-Grade DeFi Lending Platform

Aave (AAVE) has emerged as a cornerstone of Ethereum’s DeFi infrastructure, with a total value locked (TVL) of $30 billion and a $18 billion treasury buffer [3]. The platform’s institutional partnerships, including Kraken’s licensing deal and the Plasma collaboration, have expanded its utility and revenue streams [3]. Despite a recent price correction—trading at $310.33 as of September 5, 2025, down 3.47% in 24 hours—Aave’s fundamentals remain strong. Analysts project a bullish trajectory through 2025, with a potential 106.78% return on investment by December [2].

The $750 million whale transfer to Aave is particularly significant given the platform’s role in facilitating yield generation. Over 50% of USDe-related assets are now deposited on Aave, creating a flywheel effect that boosts liquidity and protocol fees [3]. This aligns with Ethereum’s broader narrative of on-chain innovation, where institutional actors are increasingly prioritizing decentralized alternatives to traditional finance.

Ethereum’s Ecosystem Growth and Whale Behavior as a Barometer

Ethereum’s ecosystem has seen exponential growth, driven by whale activity and institutional demand. Binance’s ETH reserves have dropped to 4.2 million ETH due to major outflows [1], signaling a strategic shift from centralized exchanges to DeFi protocols. This trend is amplified by Ethereum ETF inflows and institutional purchases, which have contributed to a 200% price rally since April 2025 [2].

Whale behavior, in particular, serves as a critical barometer for market sentiment. The rapid redeployment of $151 million ETH into Aave within hours of withdrawal from Binance suggests strategic positioning for leveraged plays or yield generation [1]. Such activity is often a precursor to broader market trends, as large holders act as “institutional proxies” in the absence of traditional gatekeepers.

Layer Brett: The L2 Narrative and Scalability

The institutional shift to DeFi is further supported by advancements in Ethereum Layer 2 (L2) infrastructure. Layer Brett (LBRETT), a fast-emerging L2 project, has raised over $700,000 in its presale and offers 7,000% APY staking rewards on a capped 10 billion token supply [3]. Unlike traditional meme coins like Shiba Inu (SHIB) or Dogecoin (DOGE), Layer Brett combines scalability, low fees, and deflationary tokenomics to attract institutional capital [3].

This L2 narrative is critical for Ethereum’s long-term viability. By reducing transaction costs and increasing throughput, projects like Layer Brett enable DeFi protocols to handle larger volumes of institutional-grade transactions. The synergy between Aave’s lending infrastructure and L2 solutions like Layer Brett creates a flywheel effect, where Ethereum’s ecosystem becomes increasingly attractive to both retail and institutional participants.

Conclusion: DeFi as the New Institutional Paradigm

The $750 million whale transfer to Aave is not an isolated event but a symptom of a larger structural shift. Institutional capital is increasingly reallocating to DeFi protocols that offer transparency, composability, and yield generation. Aave’s role as a trusted lending platform, combined with Ethereum’s ecosystem growth and L2 innovations like Layer Brett, positions the network as a prime beneficiary of this trend.

For investors, the message is clear: DeFi is no longer a niche experiment but a legitimate alternative to traditional finance. As whales continue to deploy capital into decentralized infrastructure, the next phase of Ethereum’s bull run will likely be driven by protocols that can scale to meet institutional demand.

Source:
[1] Ether Sees Record Accumulation, New ATH Ahead? [https://finance.yahoo.com/news/ether-sees-record-accumulation-ath-075357595.html]
[2] Ethereum Whales Fuel a 200% Rally as Institutions … [https://cryptorank.io/news/feed/9b3f7-ethereum-whales-fuel-a-200-rally-as-institutions-deepen-their-bets]
[3] Layer Brett Poised To Challenge Shiba Inu And Eclipse Dogecoins For Gains [https://www.mexc.co/hi-IN/news/layer-brett-poised-to-challenge-shiba-inu-and-eclipse-dogecoins-for-gains/68188]

DeFi Development Corp. (DFDV) has significantly expanded its Solana (SOL) holdings, acquiring 196,141 additional tokens at an average price of $202.76, bringing its total stake to 2,027,817 SOL, valued at approximately $427 million as of September 4, 2025 [3]. This purchase marks an 11% increase in its Solana holdings, further solidifying the firm’s strategy of accumulating and compounding the digital asset. The newly acquired tokens are expected to be staked to generate yield via the company’s own Solana validators and other validator entities [3].

The firm is funding these acquisitions through a $5 billion equity line of credit, with less than 0.4% of that amount currently utilized. The company has been systematically building its Solana treasury since the beginning of 2025, including a $77 million SOL buy last week, which followed a $125 million equity raise [1]. Despite the aggressive accumulation strategy, DFDV’s stock has experienced volatility, closing at $15.21 on Thursday, down 7.59% for the day before slightly recovering in after-hours trading. However, the stock has surged 1,710% year-to-date [1].

DeFi Development Corp. is also leveraging its Solana holdings to expand its digital footprint through a partnership with AllDomains. The two entities have launched the .dfdv top-level domain (TLD), allowing individuals and institutions to register personalized digital identities tied to the DeFi Development Corp. brand [2]. The initiative aligns with the company’s broader strategy to enhance community engagement and foster a decentralized identity layer. Proceeds from the sale of .dfdv domains will directly contribute to the company’s Solana treasury, further supporting its SPS (SOL Per Share) growth [2].

The broader market environment for Solana appears to be evolving, with increasing institutional interest and multiple proposed initiatives to create digital asset treasury vehicles focused on the network. For instance, Galaxy Digital, Jump Crypto, and Multicoin Capital are in discussions to raise up to $1 billion to create the largest Solana treasury to date, with Cantor Fitzgerald serving as the lead banker [1]. Additionally, Pantera Capital is seeking to raise as much as $1.25 billion to rebrand a Nasdaq-listed company into “Solana Co.,” a public entity dedicated to accumulating SOL [1].

Analysts and market observers are closely watching these developments. If approved, the first Solana ETF in the U.S.—the REX-Osprey SOL and Staking ETF—could catalyze broader institutional adoption [5]. The ETF offers staking rewards and has been operational since July 2, 2025. With several other asset managers, including VanEck and 21Shares, also seeking SEC approval for Solana ETFs, the regulatory environment appears to be shifting in favor of broader institutional access to the network [5].

In contrast, Ethereum remains a dominant force in the smart contract space, supported by its institutional credibility, robust developer ecosystem, and layer-2 innovations. While Solana offers speed and lower costs, Ethereum continues to attract traditional investors through ETFs and stablecoin issuance [4]. However, Solana’s recent momentum, including its growing number of institutional buyers and staking infrastructure, suggests it is well positioned to capture a larger share of the market in the coming months [5].

Source:

[1] title1 (https://finance.yahoo.com/news/defi-development-corp-acquires-196k-083455035.html)

[2] title2 (https://www.globenewswire.com/news-release/2025/09/05/3145315/0/en/DeFi-Development-Corp-and-AllDomains-Launch-dfdv-Domains-to-Expand-Digital-Identity-Across-the-Solana-Ecosystem.html)

[3] title3 (https://www.nasdaq.com/press-release/defi-development-corp-acquires-196141-sol-surpasses-2-million-total-sol-treasury)

[4] title4 (https://www.mitrade.com/insights/news/live-news/article-3-1096648-20250905)

[5] title5 (https://www.ar.ca/blog/is-solana-the-next-ethereum)

The NFT market has experienced a notable resurgence, with trading volumes reaching their highest levels since February 2025. According to a recent report by blockchain analytics firm DappRadar, the market recorded a 9% increase in trading volume, although sales counts dropped by 4%. This suggests that while fewer transactions occurred, the average price per sale has risen, indicating renewed interest and higher engagement among collectors and investors [1].

One of the key drivers behind this revival is increased adoption of NFTs in unconventional settings. For example, the Hï nightclub in Ibiza has opened the first permanent NFT art gallery within a club, featuring works from artists like Beeple and Mad Dog Jones. This integration of NFTs into physical spaces is signaling a shift in how digital assets are perceived and consumed. Additionally, the introduction of Coinbase’s Base network has contributed to the growth, as it now ranks as the third-largest chain in terms of trading volume, driven by low minting costs and speculative activity around airdrops [1].

Ethereum continues to dominate the NFT landscape, holding 61% of the market, despite the emergence of alternative networks like Base. The ongoing development of trustless agents—systems that can interact safely with other AI and decentralized applications using NFT-based identities—further cements Ethereum’s role in the industry’s future [1]. This innovation could enhance the utility of NFTs beyond collectibles, potentially enabling broader applications in decentralized finance and smart contracts.

Market data from DappRadar indicates that NFT trading volumes for the month of August reached $578 million, with 5.5 million sales, slightly higher than the $530 million and 5.2 million sales in July. These figures highlight a steady recovery in the sector, especially considering the market’s struggles in the first quarter of 2025, when trading volumes fell by 61% to $1.5 billion [1]. The overall NFT market capitalization has also rebounded, reaching $9.3 billion in August, a 40% increase from the previous month, as Ethereum-based collections saw price appreciation alongside the rise in ETH value [1].

Among the top-performing NFT collections, CryptoPunks, the largest by market capitalization, recorded a 24-hour trading volume of $1.2 million, with five individual sales. The Infinex Patrons NFT collection followed closely with $7,733 in trading volume and two sales. The Bored Ape Yacht Club, another prominent collection, contributed $208,617 in trading volume and five sales [1]. These results indicate that high-profile collections are regaining momentum, with investors and collectors once again showing interest in acquiring and trading these assets.

Despite these positive developments, the NFT market has historically faced challenges, including environmental concerns, market volatility, and oversaturation. However, the current resurgence suggests that the market is evolving and adapting to these issues. The integration of NFTs into mainstream sectors, such as gaming and entertainment, as well as the development of sustainable blockchain technologies like Ethereum’s shift to proof-of-stake, may address some of the criticisms and pave the way for a more stable and inclusive NFT ecosystem [1].

Source: [1] NFT Trading Volume And Sales Climb Again (https://cointelegraph.com/news/nfts-gain-momentum-strongest-months-since-february)

Chainlink (LINK), a decentralized oracle network, has sparked significant interest among investors and analysts regarding its potential price movements in 2025 and beyond. As the token continues to facilitate data transfers between off-chain sources and on-chain smart contracts, its role in blockchain ecosystems is gaining traction. With recent developments such as the Chainlink Reserve and integration with AI-driven platforms, the project appears to be strengthening its utility and adoption.

Technical indicators and market analysis suggest a varied outlook for Chainlink in the near term. As of late August 2025, the price of LINK is trading around $23.59, with analysts projecting a potential high of $30 by the end of 2025. This prediction is underpinned by a bullish market sentiment, as evidenced by a Fear & Greed Index score of 56, indicating a relatively greedy market, and the Relative Strength Index (RSI) sitting at 72.29, signaling potential overbought conditions that could lead to a correction.

Looking ahead to 2026, the token is expected to see a minimum price of $26.90, with an average of $27.89 and a potential maximum of $33.02. The average price for 2026 reflects a modest growth trajectory, while the maximum price indicates a more aggressive bullish scenario if the market continues to favor Chainlink’s oracle capabilities. Analysts attribute this potential growth to increasing demand for oracle services, as smart contract deployments on Ethereum and other Layer 1 networks continue to expand.

By 2027, Chainlink’s price is projected to reach an average of $41.32, with a minimum of $39.92 and a maximum of $47.60. This growth is expected to be driven by the expanding use of decentralized finance (DeFi) and the token’s integration into various blockchain platforms. The Chainlink Reserve, a new on-chain vehicle designed to systematically purchase and hold LINK tokens, could further bolster the token’s value by reducing supply and potentially increasing demand.

The year 2028 presents an even more optimistic outlook, with Chainlink projected to reach an average price of $57.74, a minimum of $55.68, and a maximum of $70.43. The anticipated price increase is tied to continued technological advancements and new partnerships that could enhance the token’s utility. Additionally, whale accumulation and increased market activity suggest strong investor confidence in Chainlink’s long-term prospects.

As we move into 2029 and 2030, the projections become increasingly ambitious. For 2029, Chainlink is expected to see an average price of $83.08, with a minimum of $80.77 and a maximum of $97.89. By 2030, the average price is projected to be $116.12, with a minimum of $111.96 and a maximum of $137.69. These forecasts reflect a growing belief in the token’s ability to capitalize on the expanding blockchain infrastructure market and its role in connecting smart contracts with real-world data.

In summary, Chainlink (LINK) is positioned for significant growth in the coming years, with various factors contributing to its bullish trajectory. Technical indicators, whale accumulation, and the token’s expanding utility in DeFi and other blockchain applications all support the potential for new price highs. While short-term corrections may occur, the long-term outlook remains positive, suggesting that Chainlink could achieve substantial gains as it continues to solidify its role in the blockchain ecosystem.

Source: [1] Chainlink (LINK) Price Prediction 2025 2026 2027 – 2030 (https://changelly.com/blog/chainlink-link-price-prediction/) [2] Chainlink Price Prediction 2025, 2026 – 2030 (https://coinpedia.org/price-prediction/chainlink-price-prediction/) [3] Chainlink Price Prediction 2025, 2026, 2027-2031 (https://www.cryptopolitan.com/chainlink-price-prediction/) [4] Crypto Whales Flocking to Chainlink: Headed Towards $40? (https://investx.fr/en/crypto-news/crypto-whales-flocking-chainlink-is-40-dollars-next-on-the-horizon/) [5] Chainlink (LINK) Price Prediction: Will it Hit $31 ? – InvestX (https://investx.fr/en/crypto-news/chainlink-faces-major-challenge-heading-towards-31-dollars-abyss/) [6] Solana Price Prediction: Chainlink Latest News & How This … (https://www.cryptopolitan.com/chainlink-latest-news-how-this-altcoin-could-go-from-0-10-to-5-in-2025/) [7] Chainlink and Solana fail to attract retail traders while … (https://news.az/news/chainlink-and-solana-fail-to-attract-retail-traders-while-remittix-dominates-twitter-and-reddit)

DeFi Development Corp., a publicly traded company with a treasury strategy focused on Solana (SOL), has significantly increased its Solana holdings, surpassing 2 million SOL. The company announced the acquisition of 196,141 SOL at an average price of $202.76 per token, raising its total holdings to 2,027,817 SOL as of September 4, 2025. This purchase represents an 11% increase from the company’s prior acquisition and adds approximately $427 million in value to its Solana treasury. The company’s treasury strategy is designed to accumulate and compound Solana, with the newly acquired tokens to be staked across a range of validators, including those operated by DeFi Development Corp. itself to generate yield.

The company’s Solana per share (SPS) metric currently stands at 0.0793, with an equivalent value of $16.70 per share in USD. As of September 4, the company reported 25,573,702 shares outstanding, excluding pre-paid warrants from a recent equity financing round. When including these warrants, the adjusted share count rises to approximately 31.4 million. The company has indicated that the SPS metric is expected to remain above the pre-financing level of 0.0675, even after accounting for the full impact of the warrants. This suggests a continued upward trend in the SPS as additional capital from the equity financing is deployed into further Solana purchases.

DeFi Development Corp. operates with the objective of providing investors with direct economic exposure to Solana while actively participating in the growth of the Solana ecosystem. Its business model also includes running its own validator infrastructure, which generates staking rewards and fees. In addition to its Solana treasury strategy, the company is engaged in decentralized finance (DeFi) opportunities and continues to explore innovative ways to support and benefit from Solana’s expanding application layer. Beyond its Solana-focused initiatives, the company operates an AI-powered online platform serving the commercial real estate industry by providing data, software subscriptions, and value-added services to professionals in the multifamily and commercial property sectors.

The company’s platform currently serves more than one million web users annually, including property owners, developers, and lenders. These users apply for billions of dollars in debt financing each year, with clients including a wide range of institutions such as banks, credit unions, real estate investment trusts (REITs), debt funds, and commercial mortgage-backed securities (CMBS) lenders. The data and software offerings are primarily subscription-based, operating under a software-as-a-service (SaaS) model.

Solana’s recent price performance has been notable, with the token reaching an intraday high of $210 on September 3, 2025, following a 36% recovery from a low of $155 earlier in the month. Technical indicators suggest that if the price breaks above the $210–$250 resistance range, the token could potentially reach $1,000. Solana’s open interest (OI) in futures markets has also reached a record high of $13.68 billion, signaling strong speculative interest from derivatives traders. This surge in OI aligns with the recent Alpenglow upgrade, which improved Solana’s transaction finality and throughput, potentially enhancing its competitiveness against Ethereum. However, recent onchain metrics have shown a decline in Solana’s transaction count and active addresses over the past 30 days, raising questions about the sustainability of the recent price rebound.

The company’s recent announcement underscores the broader trend of institutional and public market interest in Solana, with DeFi Development Corp. leveraging its Solana treasury strategy to align investor interests with the performance of the Solana ecosystem. As the company continues to accumulate and stake Solana, it remains focused on optimizing its treasury strategy to generate native yield and support the long-term growth of the Solana network. The market will be watching closely to see whether these efforts translate into broader adoption and increased value for investors.

Source: [1] DeFi Development Corp. Acquires 196,141 SOL, Surpasses 2 (https://www.globenewswire.com/news-release/2025/09/04/3144760/0/en/defi-development-corp-acquires-196-141-sol-surpasses-2-million-in-total-sol-treasury-holdings.html) [2] Solana Open Interest Hits $13B All-time High (https://cointelegraph.com/news/solana-charts-1000-sol-price-target-open-interest-all-time-highs)

Based Eggman ($GGs), a crypto presale project combining gaming, streaming, and trading, has drawn attention from traders and investors, particularly those engaged with Base network activities such as Aerodrome Finance (AERO). The project is positioned as a multi-faceted Web3 initiative, designed to bridge entertainment with blockchain-based utility. By leveraging the Base network’s infrastructure, Based Eggman offers low-cost transactions and scalable operations, making it an attractive option for those interested in the intersection of gaming and decentralized finance [2].

The $GGs token serves as the backbone of a broader ecosystem that includes on-chain games, live-streaming, and competitive community challenges. Unlike many presale tokens that focus on a single application, Based Eggman integrates several Web3 activities into one platform, aiming to create a cohesive user experience. Gamers can participate in mobile-ready games, earn tokenized rewards, and even monetize their streaming activities through $GGs tips and subscriptions [2].

One of the key features that differentiate Based Eggman from other presale projects is its user-friendly onboarding process. The platform allows participants to join with simple logins and secure wallet creation, reducing the barriers to entry for new users. This social-first approach emphasizes engagement and ease of use, with a particular focus on fostering an active community within the ecosystem. The tokenomics structure also supports long-term activity, with a max supply of 389 million tokens and 60 percent allocated to presale participants [2].

The $GGs presale process is currently open, with users able to connect their Web3 wallets and purchase tokens using supported cryptocurrencies. The process is designed to be straightforward, with clear steps for connecting a wallet, purchasing tokens, and accessing the community. Once transactions are confirmed—typically within 15 to 20 minutes—holders can join the official Telegram community to discuss developments, economics, and gaming strategies [1].

The growing interest in Based Eggman is also reflective of a broader trend in the crypto presale space, where projects are increasingly focusing on cultural engagement and real-world utility. Traders from established liquidity platforms such as AERO have shown a shift toward projects like $GGs, which offer a blend of entertainment and blockchain infrastructure. This movement highlights how crypto presales are evolving beyond mere token launches into fully integrated Web3 ecosystems that combine gaming, streaming, and trading [2].

As the $GGs crypto streaming platform continues its ICO phase, it represents a model of how token presales can integrate entertainment with blockchain-backed economies. For investors tracking top presale opportunities, Based Eggman provides an example of a project that aligns with the future of Web3 by merging culture with utility. The project’s focus on accessibility, scalability, and user engagement positions it as one of the more active presales in 2025 [2].

Source:

[1] Based Eggman | Social-Fi & Gaming on Base Layer-2 | Best … (https://basedeggman.com/)

[2] Aerodrome Finance (AERO) Traders Move to Buy Based … (https://www.digitaljournal.com/pr/news/indnewswire/aerodrome-finance-aero-traders-move-1893484673.html)

DeFi Development Corp. (Nasdaq: DFDV) has increased its Solana (SOL) treasury holdings by 11%, acquiring 196,141 SOL at an average price of $202.76 per token. This latest purchase brings the company’s total holdings to 2,027,817 SOL, valued at approximately $427 million in USD. The acquisition represents a significant portion of the company’s treasury strategy, which is focused on long-term accumulation and compounding of Solana tokens. The newly acquired tokens will be staked to a variety of validators, including DeFi Dev Corp.’s own validators, to generate yield through staking rewards.

The company’s Solana per share (SPS) metric is now at 0.0793, with an equivalent USD value of $16.70 per share. These figures reflect the impact of the recent acquisition and highlight the growing exposure of the company’s shareholders to Solana’s performance. The company has also noted that its outstanding share count currently stands at 25,573,702. However, the figure does not include the 5.8 million shares from pre-paid warrants that are expected to be issued in the near future. Once fully accounted for, the adjusted share count is projected to reach approximately 31.4 million, which will dilute the SPS metric.

Despite the anticipated share dilution, DeFi Dev Corp. expects to maintain a growing SPS value, with the company projecting that the metric will not fall below 0.0675 even after the full impact of the warrants is realized. This projection is based on current expectations, including the company’s plan to deploy remaining cash proceeds from its recent equity financing into additional Solana purchases. The company emphasized that its treasury strategy is designed to provide long-term value to shareholders by aligning their interests with the performance of Solana and the broader DeFi ecosystem.

The acquisition comes at a time when Solana is experiencing strong technical indicators and growing speculative interest. As of the latest market data, Solana’s open interest (OI) in futures markets has reached a record high of $13.68 billion, signaling heightened speculative activity among derivatives traders. This increase in OI often precedes significant price movements and suggests strong bullish sentiment in the market. Analysts have pointed to the possibility of Solana reaching a price of $1,000 if it can break through key resistance levels on the price chart, particularly the $210-$250 range. The recent approval of the Alpenglow upgrade, which reduced transaction finality on the Solana network to 150 milliseconds and increased throughput to 107,540 transactions per second, has further bolstered investor confidence.

However, while technical indicators and market sentiment are bullish, on-chain activity in the Solana ecosystem has shown signs of weakening. Over the past 30 days, Solana’s transaction volume has dropped by 99%, and the number of active addresses has fallen by 22%. Decentralized exchange (DEX) activity has also declined, with weekly DEX volumes falling by 65% to $10.673 billion. These figures suggest that while speculative interest in Solana is high, actual network usage and participation remain inconsistent with the recent price gains. This divergence between price and on-chain activity may present a potential headwind for further price appreciation.

DeFi Development Corp. continues to position itself as a leader in the Solana ecosystem by operating its own validator infrastructure and actively participating in DeFi opportunities. The company’s dual focus on long-term Solana accumulation and active validator operations is intended to generate yield through staking rewards while also supporting the broader growth of the Solana network. As the company continues to expand its Solana holdings and stake them for yield, it is reinforcing its role as a strategic player in the DeFi space and strengthening its alignment with the long-term success of the Solana ecosystem.

Source: [1] DeFi Development Corp. Acquires 196141 SOL, Surpasses 2 Million in Total SOL Treasury Holdings (https://www.globenewswire.com/news-release/2025/09/04/3144760/0/en/defi-development-corp-acquires-196-141-sol-surpasses-2-million-in-total-sol-treasury-holdings.html) [2] Solana Open Interest Hits $13B All-Time High (https://cointelegraph.com/news/solana-charts-1000-sol-price-target-open-interest-all-time-highs) [3] Ethereum and Solana Show Diverging Paths While BlockDAG Approaches $400M Raised (https://www.digitaljournal.com/pr/news/binary-news-network/ethereum-solana-show-diverging-paths-162339796.html)

South Korea’s second-largest cryptocurrency exchange, Bithumb, announced today that it will be listing Euler (EUL) on its spot trading platform. 

The announcement comes as the Euler network continues to gain traction in the decentralized finance (DeFi) space, attracting attention from major exchanges and achieving record levels of total value locked (TVL).

Bithumb Listing Triggers Double-Digit Rally For EUL 

Euler is a decentralized finance (DeFi) protocol on the Ethereum (ETH) network that lets users lend, borrow, and trade crypto assets. Its governance token, EUL, is used for voting and ecosystem incentives.

Sponsored

Sponsored

According to the announcement on Bithumb’s official website, EUL will be available to trade against the Korean Won (KRW). The exchange notified its users that trading will begin at 5:00 PM Korean Standard Time (KST).

The exchange confirmed that EUL will be supported only on the Ethereum network. The reference price for the listing has been set at 12,930 KRW. 

“In compliance with the Travel Rule, deposits and withdrawals are supported only through virtual asset service providers (VASPs) exchanges supported by Bithumb. If assets are deposited through an exchange not included in the list of supported external exchanges, the deposit will not be processed, and it may take a long time to return the unprocessed deposit,” Bithumb added.

Euler’s listing adds another altcoin option for South Korean investors at a time when domestic exchanges are competing to diversify their offerings. Meanwhile, as observed with many altcoins, EUL also saw a price jump after the announcement.

Market data showed the price surged nearly 44% from $9.6 to $13.8. As of press time, it has stabilized at $12.7, reflecting a 31.55% gain. 

The price pump also positioned EUL as the top gainer among the top 300 cryptocurrencies on CoinGecko. Furthermore, the trading volume rose 251% to $8.5 million. HTX accounted for the majority of this activity.

The listing is another milestone for EUL and came nearly a month after the leading US-based exchange, Coinbase, also added trading support for the altcoin.

Besides the price, the network itself has seen substantial growth. Data from DefiLama revealed that Euler’s TVL reached a new all-time high (ATH) of $1.52 billion today. This represents a nearly 15-fold increase since the beginning of 2025.

Financial metrics further highlight Euler’s momentum. Token Terminal data indicated that the protocol’s revenue and fees have grown over 500%in 2025, reflecting strong user adoption. With strong network growth, rising financial metrics, and increasing exchange support, EUL continues to attract attention as one of the more dynamic altcoins in 2025.

Significant movements in the Maker (MKR) token market have drawn attention as two large whale addresses accumulated a total of 22,753 MKR through the FalconX platform. According to monitoring by on-chain analytics firm Lookonchain, wallet 0xb2c7 received 14,000 MKR, valued at approximately $24.25 million, in a transaction that occurred just six hours prior to the latest report. Separately, wallet 0xc23…4D649 added to its holdings by withdrawing 2,979 MKR valued at $5.22 million from FalconX. This wallet has been gradually building its position over the past two months, accumulating a total of 8,753 MKR at an average price of $1,948 per token. The total value of the MKR holdings for this address is now over $10.34 million, though the position shows an unrealized loss of $1.421 million due to a decline in the token’s market price below the average entry level [1][2].

The continued accumulation by these whale addresses suggests a strategic long-term approach to MKR, despite the current negative unrealized gains. Analysts, including on-chain watcher @ai_9684xtpa, have noted that such movements often serve as indicators of potential market shifts. In this instance, the repeated purchases by the same address after a month-long pause reflect a level of confidence in Maker’s underlying fundamentals and its role in the decentralized finance (DeFi) ecosystem. The address has shown persistence in acquiring MKR despite market fluctuations, indicating a belief in the token’s potential for a future rebound [2][3].

On-chain activity has also sparked increased trading volumes on key pairs such as MKR/USDT and MKR/ETH. Historical price action suggests that whale accumulation is often followed by price corrections or rebounds within a few weeks. For example, similar patterns in the past have seen price surges of 15-20% following large whale purchases. Traders are closely watching key resistance levels near $2,000 and support levels around $1,800, as these areas could determine the next phase of MKR’s price movement. The current unrealized loss also highlights the risks associated with holding positions in volatile assets, with analysts recommending the use of stop-loss orders below recent lows around $1,700 [2][3].

The broader market environment has also played a role in the recent MKR movements. The token’s performance is closely tied to Ethereum’s ecosystem, and any developments in Ethereum’s upgrades or regulatory environment could influence MKR’s trajectory. Furthermore, the increased interest in DeFi protocols like MakerDAO suggests that institutional investors are beginning to view the space with renewed optimism. This is reflected in the growing inflow of capital into DeFi-related assets and the increasing adoption of stablecoin integrations. The current market activity aligns with broader trends in the crypto space, where institutional-grade strategies are increasingly being applied to altcoins with strong on-chain fundamentals [2][4].

From a trading strategy perspective, on-chain data and price trends suggest that the accumulation activity by these large holders could serve as a bullish catalyst in the short to medium term. Volume-weighted average price (VWAP) indicators, particularly during Asian trading hours when these transactions are observed, could provide useful insights into potential price inflection points. Traders are advised to monitor real-time on-chain metrics and integrate them with traditional technical analysis tools to optimize entry and exit points. While the floating losses indicate current pressure, the long-term accumulation strategy points to a belief in MKR’s long-term value proposition, especially within the evolving DeFi landscape [2][3].

Source:

[1] Two whale addresses hoarded 22753 MKR through FalconX (https://www.chaincatcher.com/en/article/2203493)

[2] MKR Whale 0xc23…4D649 withdraws … (https://blockchain.news/flashnews/mkr-whale-0xc23-4d649-withdraws-2-979-mkr-from-falconx-with-10-34m-position-and-1-42m-unrealized-loss)

[3] An address increased its MKR holdings again after a … (https://www.bitget.com/news/detail/12560604949558)

[4] A certain whale has increased its holdings by 2979 MKR … (https://www.chaincatcher.com/en/article/2203135)

Arbitrum has launched the DeFi Renaissance Incentive Program (DRIP), a $40 million initiative designed to stimulate leveraged looping and boost liquidity in its decentralized finance (DeFi) ecosystem. The program, managed by Entropy Advisors and powered by Merkl, spans four seasons, each focusing on a different DeFi vertical. Season One, titled “Loop Smarter on Arbitrum,” began on September 3, 2025, and is set to conclude on January 20, 2026. It allocates up to 24 million ARB tokens (valued at $12 million at the current exchange rate) to incentivize users to engage in leveraged looping strategies on Arbitrum One’s lending markets. This represents a 30% portion of the total 80 million ARB allocated across the entire program.

Under DRIP, users can earn rewards by borrowing against yield-bearing ETH and stable assets on participating lending platforms. For instance, a participant might deposit syrupUSDC and borrow USDC, which is then swapped for more syrupUSDC, repeating the cycle to maximize ARB rewards. The program’s performance-based model ensures that rewards are distributed proportionally to the time-weighted average borrow amounts. Each epoch, lasting two weeks, concludes with a reward distribution based on the total ETH or USDC borrowed during that period. In select markets, rewards are also provided for supplying ETH or USDC, encouraging both liquidity provision and active borrowing.

The phased rollout of Season One includes a discovery phase, where only 15% of the budget is allocated over the first two epochs. This is followed by a performance-based phase, where incentives are dynamically allocated to markets that demonstrate greater efficiency and innovation. By the third phase, the majority of the season’s budget will be deployed. This structure aims to optimize liquidity distribution and encourage competition among lending platforms while minimizing initial risks for participants.

Arbitrum’s DRIP program follows a broader strategy to enhance its position as the leading Ethereum Layer 2 blockchain for DeFi. The initiative is part of a series of efforts by the ArbitrumDAO to address the challenges posed by rival platforms like Coinbase’s Base, which currently holds $6.8 billion in DeFi investor funds compared to Arbitrum’s $4.5 billion. Despite these pressures, Arbitrum remains the largest Layer 2 by total blockchain funds, according to L2Beat, due to the inclusion of natively minted and externally bridged assets. The DRIP program, alongside the recently launched $14 million Arbitrum Audit Program, is intended to strengthen Arbitrum’s security, liquidity, and overall appeal to developers and users.

While the incentives are significant, the program carries inherent risks. Leveraged strategies such as looping expose users to potential liquidation if asset prices or interest rates fluctuate, and ARB rewards do not offset any financial losses incurred. Additionally, the increased supply of ARB tokens—already down 80% from its 2024 peak—could exacerbate inflationary pressures and further depress token value. This creates a strategic gamble for Arbitrum: while the program may generate sticky liquidity and recurring revenue, it also risks undermining token price stability.

The DRIP program is governed by the ArbitrumDAO and managed by Entropy Advisors, with no direct control from the Arbitrum Foundation or Merkl over program parameters or asset allocations. This community-driven approach aligns with the broader DeFi ethos of decentralization and user empowerment. By rewarding specific, high-impact DeFi activities rather than general participation, DRIP aims to drive targeted growth in Arbitrum’s ecosystem. As the program progresses, ongoing performance data and adjustments to future epoch allocations will be available through the DRIP dashboard, providing transparency and adaptability in response to market dynamics.

Source:

[1] Introducing DRIP: The DeFi Renaissance Incentive Program on Arbitrum (https://blog.arbitrum.io/introducing-drip-the-defi-renaissance-incentive-program-on-arbitrum/)

[2] Arbitrum floats $40m token incentive reward for DeFi users (https://finance.yahoo.com/news/arbitrum-floats-40m-token-incentive-164131830.html)

[3] Arbitrum’s DRIP program: A major initiative for DeFi growth (https://www.cryptopolitan.com/arbitrum-allocates-40m-defi-growth/)