MultiversX’s Supernova upgrade is scheduled for September 10 and EGLD traders are watching closely. 👀
⚡ The upgrade targets a major improvement in network performance, with block time expected to move from around 6 seconds to 0.6 seconds.
📈 EGLD has already rallied strongly ahead of the upgrade, which means momentum is bullish — but the risk of a “buy the rumor, sell the news” reaction is also increasing.
🎯 Key levels to watch: • $6.00 → Major breakout zone • $7.11 → Next resistance • $9.04 → Major upside target
🔥 Bullish scenario: A confirmed breakout above $6 could attract further momentum.
⚠️ Bearish scenario: Failure to hold support after the upgrade could trigger a sharp pullback.
September 10 could be a major catalyst for EGLD. Stay alert, manage risk, and don’t chase the pump.
On September 11, the U.S. will release its August CPI inflation data — a key economic report that could strongly influence Bitcoin and the broader crypto market.
🔴 Higher-than-expected CPI: Inflation concerns may rise → Fed rate-cut expectations could weaken → BTC & altcoins may face selling pressure.
🟢 Lower-than-expected CPI: Inflation cooling could boost rate-cut expectations → BTC may react bullishly → altcoins could follow.
🟡 CPI in line with expectations: Expect volatility and possible fakeouts before the real direction becomes clear.
⚠️ Important: Don't blindly LONG or SHORT immediately after the release. CPI candles can create sharp liquidity sweeps in both directions.
11 September → CPI 15–16 September → FOMC Meeting
The next few days could be crucial for the crypto market. 👀
Solana is attracting serious institutional attention.
Bitwise’s Solana Staking ETF (BSOL) has crossed the $1 BILLION AUM milestone in just 10 months, becoming the first Solana-focused ETF to reach this level. 📈🏦
At the same time, reports of large whale accumulation are adding another bullish angle to the SOL narrative.
The bigger picture is clear: institutional demand for Solana is growing, even while the broader crypto market remains volatile.
Now the key question is:
👉 Can this institutional demand translate into sustained buying pressure for $SOL ?
I’m watching SOL closely. Whales + ETF demand could become a powerful combination. 🔥
XRP is currently trading around $1.40, but the real story isn’t just the price.
Institutional interest, XRP ETF inflows, and growing activity around the XRPL ecosystem are keeping the long-term narrative alive. At the same time, Ripple’s scheduled 1 billion XRP escrow unlock could add short-term selling pressure and volatility.
The next major catalyst is the U.S. CLARITY Act, with the upcoming Senate vote potentially becoming a key driver for the crypto market.
For XRP, I’m watching $1.40 closely. A strong reclaim could improve the short-term structure, while losing key support could open the door to another correction.