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ZEC price could face a serious test if a whale’s short position gets liquidated near $2,540.28. The trade is large enough to attract attention, but the bigger question is whether Zcash can break its previous $1,250 peak and enter price discovery again.
ZEC Price Now Faces A Whale-Sized Bet
Garrett Jin reportedly closed his entire 1,332 BTC long, worth approximately $105.4 million, for a $2.7 million profit. He then shifted his focus to shorting ZEC.
His reported short position now contains 39,760 ZEC, valued at approximately $46.65 million, with liquidation set around $2,540.28. That creates an obvious market question: will ZEC price rise far enough to force the position closed?
If the token reaches that level, the short could face liquidation pressure. However, the trade itself doesn’t guarantee a rally or a big collapse immediately, but it does affects sentiment negatively. More sellers could still push ZEC lower, especially if the broader market loses momentum.
Can ZEC Break Its Previous Peak?
The $1,250 level remains important because it represents the previous peak mentioned in the supplied data. If ZEC price crosses that resistance decisively, the token could enter another price discovery phase.
From there, $2,500 becomes a possible upside scenario rather than an established target. The liquidation level near $2,540.28 sits slightly above that round-number area, making the whale’s position an easy reference point for traders watching the chart.
But reaching $2,500 would require sustained demand. A short squeeze alone may not be enough to support the move.
On the downside, the supplied support levels are $740 and $550. If selling pressure increases, ZEC could revisit those areas. A deeper decline would also weaken the argument that the token is preparing for another major breakout.
Privacy Strength Could Also Limit Adoption
The risks aren’t only technical. Grayscale’s official SEC filing highlights several concerns surrounding ZEC, including exchange delistings and regulatory scrutiny.
The filing mentions that ZEC has been delisted from multiple exchanges since 2019, including Coinbase UK, Bittrex and OKX. It also notes that Binance previously considered delisting the token because of privacy-related concerns.
Other exchanges could face similar pressure. Increased regulatory scrutiny may negatively affect ZEC price, particularly if regulated platforms become less willing to support privacy-focused assets.
That creates an uncomfortable contradiction for Zcash. Privacy is its core value proposition, but the same feature could make adoption harder across regulated markets.
ZEC Price Has Two Very Different Paths
The bullish scenario is straightforward: ZEC price breaks above $1,250, enters price discovery and eventually approaches $2,500 or higher. The bearish scenario is just as clear, with increased selling potentially pushing the token toward $740 or $550.
The whale’s $2,540.28 liquidation price adds another layer to the discussion, but it shouldn’t be mistaken for a guaranteed market target. For now, ZEC price remains caught between renewed upside expectations and the regulatory risks that could limit its next move.

A new Hyperliquid wallet has opened a $4.7 million PUMP long. The trade is already sitting on more than $200,000 in unrealized profit, but the liquidation level leaves little room for complacency.
PUMP Price Rally Gives One Traders Room
Wallet 0x434b reportedly deposited over $700,000 into Hyperliquid and opened a 6x long on 1.02 billion PUMP tokens. The position was initiated near $0.004407, while the current price stands around $0.004536.
That puts the trade in profit for now. The problem is the liquidation price near $0.003916. If PUMP price fails to hold its recovery, the position could be closed at a substantial loss.
On the other hand, a move above $0.005000 could give the trader more breathing room. A test of 0.005500 would push the position further into profit, assuming demand remains strong.
Of course, leverage makes every move matter more. A modest rally can produce a sizable gain, while a sharp reversal can erase the entire position.
PUMP Onchain Activity Supports The Bullish Case
PUMP’s recent onchain figures provide a stronger argument than one leveraged trade alone. Data from the Solana blockchain shows thst PUMP has total value locked at approximately $339 million, while 30-day fees reached $147.9 million.
Thirty-day revenue stands at $57.4 million. Those figures indicate substantial activity across the ecosystem, although they don’t guarantee that the token price will continue rising.
The latest move has also pushed PUMP above its 20-day EMA band. That technical shift matters because the token had previously spent time struggling near major band levels.
PUMP Price Still Depends On Key Support
The $0.001675-$0.001915 range has acted as an important demand area. It failed in June, sending PUMP price below the zone and toward approximately $0.001200.
That breakdown ultimately became a liquidity grab rather than the end of the trend. PUMP later reversed sharply and climbed toward $0.005500 before a healthier pullback followed.
Now the toke is attempting another recovery. If PUMP price breaks above $0.005000, the next resistance could appear around $0.005000. A successful move beyond that level may open the way toward $0.007000.
Still, rejection remains a real possibility. If price fails after testing $0.005000, the leveraged trader’s liquidation level near $0.003916 becomes increasingly important. A deeper correction could expose support around $0.003402 and then $0.002554.
For now, PUMP price has improved onchain activity, a fresh leveraged bet and a recovery above the 20-day EMA. Whether that combination can sustain the rally toward $0.005500 remains the next test.

Former federal prosecutor Renato Mariotti says conversations with lawmakers and congressional staff in Washington left him convinced the bill has lost support, saying that “CLARITY is dead”
This comes as the bill faces a key Senate vote on September 15, with a shrinking House calendar and growing doubts over whether it can get enough votes to pass.
Mariotti Says Congress Has Moved On
During his recent visits to Washington, D.C., Mariotti said he heard it from multiple people who are in Congress, as members or staff, telling me directly that “CLARITY is dead.”
His comments add to growing doubts around the crypto market structure bill. While the CLARITY Act aims to create clearer rules for the U.S. crypto market, disagreements among lawmakers have made it harder for the bill to move forward.
With the CLARITY Act stalled in Congress, U.S. regulators are moving ahead on their own. The SEC is working on a separate crypto rules framework, while the CFTC is developing its own rules for crypto and prediction markets.
The slow progress has also weakened confidence among crypto industry supporters. Bitwise CIO Matt Hougan called the bill “walking dead,” saying, “Nothing can actually kill it, but it will lurch along.”
The September House Session Left With 8 Days
Despite Mariotti’s comments, the CLARITY Act has not officially failed. The Senate is still scheduled to hold a cloture vote on September 15, which could determine whether the bill moves forward.
The bill is also running out of time in the House. The House canceled two full weeks of scheduled September sessions, leaving lawmakers with only 14 active working days before the October election recess.
That leaves very little time for the House to debate, reconcile, and vote on a final version if the Senate manages to advance the legislation.
Meanwhile, Senator Cynthia Lummis is also urging lawmakers to act before the current Congress ends.
Traders See Low Chances for CLARITY
Meanwhile, prediction markets reflect the growing uncertainty. Polymarket contracts currently put the chance of the CLARITY Act becoming law in 2026 at roughly 13% to 18%, down sharply from above 80% earlier this year.

Internet Computer (ICP) has broken higher after weeks of building a rising structure, with the token gaining roughly 13% and moving above $3. The breakout comes with a sharp pickup in trading activity, giving the move stronger confirmation than a thin-volume spike. ICP is now testing a level that previously restricted its recovery, while the ascending-channel breakout gives bulls a new technical base to defend. If buyers hold above $3, the next question is how far this momentum can run.
ICP’s Network Developments Add Weight to the Recovery
Internet Computer’s recent ecosystem activity provides context for the renewed interest in ICP beyond the price rally. The protocol continues to expand its decentralized computing infrastructure, with developments across chain-key cryptography, decentralized AI, smart-contract functionality and Bitcoin integration remaining central to its network strategy.
The Internet Computer blockchain is designed to host applications and services directly on-chain, while its Chain Fusion technology allows smart contracts to interact with external networks such as Bitcoin and Ethereum without relying on traditional centralized bridges. That infrastructure gives ICP a broader utility case than a purely speculative Layer-1 asset. For the current rally, however, the key market question remains whether renewed demand for the token can sustain the breakout after the sharp 13% advance.
ICP Price Analysis: $3 Is the New Decision Zone
ICP price has moved from roughly $2.74 to an intraday high near $3.06, with the latest price action holding above the $3 threshold. The move also pushed price beyond the upper boundary of the ascending channel visible on the daily chart. The breakout structure is strengthened by the accompanying increase in activity, with daily volume rising from approximately 5.9 million ICP to nearly 10 million ICP in the latest sessions.
The immediate support zone is now $2.90–$3.00. Holding this area would keep the breakout intact and give bulls a base for another advance. A move below $2.90 would weaken the setup and put $2.70–$2.75 back into focus. On the upside, the latest swing high near $3.06 is the first level to clear. Above it, $3.30 becomes the major resistance. A decisive daily close above $3.30 would strengthen the continuation setup and open the next technical region around $3.50–$4.00.
$3.30 Could Decide the Next Swing
The $3.30 resistance is the level that can separate a short-term breakout from a broader recovery. If ICP establishes $3 as support and then clears $3.30 with strong participation, buyers could gain enough room to test the $3.50–$4.00 region. Conversely, rejection near $3.30 would increase the chance of a consolidation or retest of the $3 breakout zone.
The cleanest bullish setup would therefore be a break above $3.30 followed by a successful retest, rather than a single intraday move through resistance.
Final Take
ICP’s 13% rally has shifted the short-term structure, but continuation now depends on follow-through. $3.00 is the immediate level bulls need to defend, while $3.30 is the decisive resistance ahead. A sustained break above $3.30 would put $3.50–$4.00 into focus and confirm a stronger recovery. If ICP falls back below $2.90, the breakout would lose momentum and $2.70–$2.75 could become the next support test.

Evaluating global crypto adoption shows that ownership has surpassed 1.01 billion owners, representing roughly 12.24% of the global population. Despite a macro market pullback to $2.67 trillion from late 2025 highs of $4.2 trillion, structural integration continues across both institutional and retail sectors.
The institutional demand remains grounded by regulated fund vehicles, accumulating $72.88 billion in total cumulative net ETF inflows across 12 approved crypto assets. Concurrently, grassroots participation highlights how global crypto adoption follows regional needs of emerging economies that leverage crypto for peer-to-peer commerce and inflation hedging, whereas developed markets channel liquidity through institutional structures.
Global Adoption Snapshot
IndicatorFigureCore InsightTotal Crypto Owners 20261.01 BillionApprox. 12.24% of global populationTotal Crypto Market Cap$2.67 TrillionConsolidation from $4.2T peakCumulative ETF Net Inflows$72.88 BillionTotal net inflows across 12 approved productsOn-Chain Stablecoin Supply$305.54 BillionTotal circulating supply across networksAnnual Stablecoin Settlement$33.0 Trillion+72% Year-over-Year growth
Regional Adoption Breakdown
India: Leads globally in total user volume, with 127 million projected users (up from 119 million in 2025).
Nigeria: Dominates per-capita global crypto adoption, with 47% of the adult population (approximately 22M to 28.7M users) holding or transacting in crypto to offset local currency devaluation.
United States: Ranks as the primary capital hub with 67 million users and the majority share of global spot ETF assets under management.
Vietnam & Brazil: Record high adoption rates at 18.73% (18.6 million users) and 12.0% (26 million users) respectively, driven by game finance and regional payment corridors.
China: Retains an active investor base of 10 million to 58 million users operating via overseas venues and non-custodial wallets.
On-Chain Settlement, Financial Velocity & Market Structure
The industry’s transactional backbone has shifted toward stablecoins and decentralized venues, reflecting a transition toward self-custodial utility and continuous settlement.
Stablecoin Metrics & Market Share
Out of a $305.54 billion total stablecoin supply, Tether (USDT) and USD Coin (USDC) command 82% combined market share:
Stablecoin AssetSupply ShareCEX Volume ShareAnnual Settlement VolumeTether (USDT)59%74%$13.3 TrillionUSD Coin (USDC)23%Minority$18.3 TrillionCombined Total82%More than 80%$31.6 Trillion
USDT (59% Supply Share): Remains the primary reserve currency for centralized exchange spot and derivatives pairs, generating 74% of CEX stablecoin trading volume and $13.3 trillion in annual transaction volume.
USDC (23% Supply Share): Serves as the primary institutional and corporate settlement token, processing $18.3 trillion in annual volume, surpassing USDT in net transaction settlement despite a lower circulating market cap.
Market Structure (DEX vs. CEX & DeFi TVL)
On-chain execution venues continue capturing market share from centralized exchanges. The DEX-to-CEX spot volume ratio rose from 17.0% in June to 26.53% in September, signaling accelerated user migration toward decentralized protocols. Total Value Locked (TVL) in DeFi protocols consolidated to $87.2 billion (down from $153.2 billion in Q3 2025).
Blockchain NetworkDaily Active Users (DAUs)Strategic PositioningSolana4.7 MillionHigh-frequency DEX trading, consumer apps, liquid tokensTron3.7 MillionP2P stablecoin transfer network across emerging marketsBNB Chain2.0 MillionRetail DeFi, gaming, CEX-to-DEX user liquidity bridgePolygon PoS556 ThousandEnterprise tokenization, L2 scaling ecosystemRobinhood Chain378 ThousandEmbedded retail brokerage payment rails
Daily active user activity across layer-1 blockchains shows that global crypto adoption relies heavily on network utility and payment infrastructure.
Scalability Infrastructure & Bitcoin Layer-2 Metrics
As primary base chains optimize for settlement finality, transaction throughput has shifted to Layer-2 networks and state-channel architectures.
Bitcoin Lightning Network Execution
Bitcoin’s off-chain scaling layer processed $1.17 billion across 5.22 million transactions in a single month. The data points toward institutional adoption rather than basic micropayments:
“Average Lightning Transaction Size = $1,170,000,000 / 5,220,000 = approx $224.13”
The average transaction value doubled year-over-year from $118 to $224, proving that exchanges, OTC desks, and merchant acquirers increasingly use the Lightning Network for liquidity management and balance-sheet rebalancing.
Institutional Real-World Asset (RWA) Tokenization
Another clear indicator of global crypto adoption is on-chain tokenization of real-world assets, which reached $340.49 billion in total market value across 391 active asset issuers (including fiat-backed stablecoins, tokenized commodities, yield bearing tokens, and institutional debt).
Tokenized RWA Overview
RWA Sector SegmentValuation / ShareKey DetailsTotal On-Chain RWA Market Cap$340.14 BillionAcross 392 active asset issuersTokenized U.S. Treasuries Pool$15.10 BillionTotal yield-bearing digital treasury marketBlackRock BUIDL Fund$2.80 Billion (18.5% Share)Largest single tokenized Treasury product
Access Model Segmentation
Permissionless Access Models: Led by issuers like Tether, Circle, Ondo Foundation, Ethena, Sky, and Paxos. These assets are liquid, transferable across DeFi smart contracts without whitelist friction, and power decentralized money markets.
Permissioned Access Models: Led by BlackRock (BUIDL), Franklin Templeton (FOBXX), Hashnote, WisdomTree, and Circle (USYC). These funds mandate KYC/AML compliance at the token level, restricting transferability to verified institutional addresses.
Tokenized Treasuries
The tokenized U.S. Treasury market stands at $15.1 billion. BlackRock’s BUIDL fund (issued via Securitize) holds $2.8 billion in market cap (18.5% market share), making it the largest tokenized Treasury product, ahead of Circle’s USYC.
Developer Ecosystem & Codebase Health
Open-source developer activity provides a concrete gauge of long-term software sustainability supporting global crypto adoption. Across the top 39 blockchain networks, global metrics show a broad builder footprint:
Total All-Time Unique Developers: 68,000+
Core Code Repositories: 4,700+
Total Code Commits: 3.8 Million
Total GitHub Stars: 633,000+
Developer Distribution by Layer-1 Ecosystem
Blockchain EcosystemActive DevelopersCore RepositoriesTotal GitHub StarsEthereum11,693454186,347Solana10,89916642,028Polkadot / Substrate9,10256435,619
Ethereum Ecosystem: Leads globally with 11,693 developers, 454 core repositories, and 186,347 GitHub stars.
Solana Ecosystem: Ranks second with 10,899 developers, 166 core repositories, and 42,028 stars.
Kusama / Polkadot Substrates: Ranks third with 9,102 developers, 564 repositories, and 35,619 stars.
Remittance Corridors & Global Regulatory Frameworks
Crypto payments and stablecoins continue replacing traditional banking networks for cross-border money transfer, accelerating global crypto adoption in emerging economies facing high financial friction.
Remittance Cost Comparison
World Bank figures set the global average fee for sending traditional remittances at 6.49% (with Sub-Saharan African corridors averaging 8.78% and intra-African routes exceeding 30%). Crypto and stablecoin settlement rails compress total costs to 1%–3% inclusive of on-ramp and off-ramp conversion.
Remittance RailAverage Transaction FeeRegional ContextTraditional World Bank Global Average6.49%Global benchmark across traditional corridorsTraditional Sub-Saharan Africa (SSA)8.78%Peaks above 30% on intra-African transfersCrypto / Stablecoin Payment Corridors1.00% – 2.00%Combined network + off-ramp conversion costs
“Remittance Fee Savings = 8.78% (Traditional SSA – 2.0% (Crypto Rail) = 6.78% { Net Savings}”
Driven by these fee reductions, the global crypto remittance market is projected to process $34.96 billion. Regional usage underscores this shift:
Latin America (LATAM): Received $730 billion in total on-chain volume, with stablecoin transfers driving $324 billion. Brazil accounts for 33% of regional activity as LATAM crypto adoption expanded 63% YoY, per data.
Sub-Saharan Africa: On-chain transaction volume expanded more than 50% YoY, led by local currency integrations with USDT/USDC to hedge local currency volatility.
Global Regulatory Frameworks
As global crypto adoption moves further into mainstream finance, regulatory oversight has shifted from ad-hoc enforcement to formal statutory frameworks across major economies:
European Union (MiCA): The EU’s Markets in Crypto-Assets (MiCA) regulation completed its transition period on July 1, 2026. Full compliance is now mandatory across all 27 member states. Unauthorized Crypto-Asset Service Providers (CASPs) must wind down operations, while licensed entities receive single-passporting privileges across the EU block.
Global Licensing Regimes: Seven major economies, the United States, EU, United Kingdom, Singapore, Hong Kong, UAE, and Japan, now operate explicit licensing structures requiring bank-grade AML/KYC compliance, reserve auditing for stablecoin issuers, and compliance with the FATF Travel Rule.
Strategic Outlook & Synthesis
Divergent Adoption Triggers: The path of global crypto adoption has split into two core vectors: Institutional Capital Deployment in North America/Europe via ETFs and tokenized funds ($15.1B Treasuries), and Grassroots Payment Utility in LATAM, Africa, and Asia driven by low-cost L1s (Solana, Tron) and stablecoins ($33T annual volume).
Infrastructure Maturity: With DEXs capturing 26.53% of spot market volume, over 68,000 active developers building on-chain applications, and stablecoin transactions reaching multi-trillion dollar scale, the underlying trajectory of global crypto adoption continues to decouple from short-term market price cycles.
1. How many people own crypto worldwide?
Global crypto ownership has crossed 1.01 billion users, representing approximately 12.24% of the global population. Growth is driven by a combination of retail participation in emerging markets and institutional product launches (such as spot ETFs) in developed economies.
2. Which countries lead in global crypto adoption?
Adoption drivers vary significantly by region:
India leads in total user count, with 127 million active users.
Nigeria leads in per-capita adoption, with 47% of adults owning or using digital assets to preserve capital against local currency devaluation.
United States serves as the primary capital hub, holding 67 million users and the majority of institutional spot ETF assets.
Vietnam (18.7%) and Brazil (12.0%) lead in regional retail payment corridors and gaming finance.
3. Why are stablecoins driving most global settlement volumes?
Stablecoins act as the primary medium of exchange across crypto markets because they combine the speed of blockchain rails with USD price stability. Out of a $305.54 billion total stablecoin market cap:
Tether (USDT) dominates centralized trading, holding 59% of supply and 74% of CEX stablecoin volume.
USD Coin (USDC) dominates institutional and corporate settlement, processing $18.3 trillion in annual transaction volume.
Together, stablecoins process $33.0 trillion in annual settlements, outstripping many traditional payment processors.
4. How does cryptocurrency reduce cross-border remittance costs?
Traditional international money transfers average a 6.49% fee globally (and up to 8.78% to 30% in Sub-Saharan Africa). Stablecoins and layer-1 networks compress these costs to 1%–3% inclusive of local fiat off-ramp fees. In Latin America alone, on-chain remittance transfers accounted for over $324 billion in annual volume.
5. What is the current regulatory status for crypto globally?
Major financial jurisdictions have shifted from reactive enforcement to comprehensive licensing frameworks:
European Union (MiCA): The Markets in Crypto-Assets framework is fully enforced, requiring Crypto-Asset Service Providers (CASPs) to hold unified passports across all 27 EU nations.
Global Hubs: The US, EU, UK, Singapore, Hong Kong, UAE, and Japan operate structured licensing schemes enforcing bank-grade AML/KYC standards, FATF Travel Rule compliance, and reserve audits for stablecoin issuers.
6. How does Bitcoin’s Lightning Network support scaling?
The Lightning Network processes $1.17 billion across 5.22 million monthly transactions. With an average transaction size of $224.13, usage has evolved from small retail payments toward institutional liquidity management, OTC settlement, and exchange balance rebalancing.
7. What are Real-World Assets (RWAs) and how large is the market?
Real-World Asset (RWA) tokenization refers to placing traditional financial instruments, such as U.S. Treasury bills, real estate, or private debt onto blockchain ledgers. The total on-chain RWA market stands at $340.49 billion. Tokenized U.S. Treasuries account for $15.10 billion, with BlackRock’s BUIDL fund holding an 18.5% market share ($2.8 billion).
8. Which developer ecosystems are the largest?
Developer footprint measures long-term software health across open-source blockchains:
Ethereum: 11,693 active developers | 454 core repositories | 186,347 GitHub stars
Solana: 10,899 active developers | 166 core repositories | 42,028 GitHub stars
Polkadot / Substrate: 9,102 active developers | 564 core repositories | 35,619 GitHub stars

The Philippines central bank is proposing a 12-month freeze on new payment system operators as it moves to tighten controls around digital payments and crypto businesses.
The plan would also put stricter checks on payment arrangements involving regulated virtual asset firms, with stronger monitoring and transaction limits.
Philippines Wants to Pause New Payment Registrations
On 7 September, the Bangko Sentral ng Pilipinas (BSP) released the draft circular, saying the pause would give it time for a “holistic review” of its payment operator classification and licensing framework.
Under the proposal, the BSP would stop accepting and processing new Operator of Payment System (OPS) applications for 12 months. Applications submitted before the freeze could still be reviewed, but the regulator would not approve or reject them until the pause ends.
The draft also says businesses cannot begin activities requiring OPS registration during the freeze unless the BSP gives separate approval.
Crypto Payment Firms Face Stricter Checks
The primary driver behind this regulatory step is a structural push to reduce risks at the points where Virtual Asset Service Providers (VASPs) interact with traditional fiat banking rails.
Under the proposed rules, banks and regulated payment providers would have to deal directly with licensed crypto firms, cutting out third-party or layered payment arrangements.
Only VASPs approved by the BSP, SEC, or other approved regulatory authorities would be allowed to access these payment rails. Unregistered and offshore crypto platforms would be blocked.
All direct crypto payment merchant relationships will be subjected to intense enhanced due diligence, closer transaction monitoring, and settlement limits to prevent unchecked liquidity flight.
BSP Also Plans Central QR Payment Database
The proposed rules go beyond crypto. The BSP also plans to create a National QR Code Merchant Database containing merchant identities, business registration details, payment providers, settlement accounts, and risk classifications.
The aim is to help financial institutions identify merchants and track payment flows more clearly. The draft says the BSP wants payment activity to remain traceable from the merchant receiving the money to the institution processing the transaction.
The proposal is still open for feedback and is not yet final. If approved, the rules would take effect 15 days after publication, while the new OPS application freeze would run for 12 months.

The clock is ticking for the Senate on the Digital Asset Market CLARITY Act, with just eight days left to vote on advancing the bill. As the deadline gets closer, Senator Cynthia Lummis has warned that failing to pass it could push the next major chance for crypto market structure rules all the way to 2030.
Here’s what will happen on 15 Sept 2026 that every crypto investor should keep an eye on.
If the Clarity Act Fails, 2030 Would Be the Next Chance
The CLARITY Act has already cleared the House with strong bipartisan support, passing by 294 to 134. However, the bill has stalled in the Senate as lawmakers remain divided over new ethics rules, stablecoin interest and yield provisions, adding further hurdles to its progress.
With time running short, Senator Cynthia has urged lawmakers to finish the bill during the current Congress, warning that waiting could cost years of potential jobs, investment and tax revenue tied to clearer crypto rules.
“If the Clarity Act doesn’t pass this Congress, the next real opportunity to bring market structure legislation back up is 2030.”
Her warning puts the Senate’s upcoming vote under greater pressure, as lawmakers now face a choice between advancing the bill this Congress or potentially waiting until 2030.
Why September 15 is Important for CLARITY Act
For now, September 15 is not a final vote on the CLARITY Act. It is a cloture vote that could allow the Senate to start debating the bill.
Senate Majority Leader John Thune filed the motion to open that debate. But the bill needs 60 votes to overcome a filibuster, while Republicans hold 53 Senate seats. That leaves a seven vote gap.
Even if the vote passes, the Senate has only eight voting days in September to pass the bill before the November midterms.
Traders Bet Big on CLARITY Act Failure
While Senator Lummis is pushing for the bill, Senator Elizabeth Warren is strongly against it, citing concerns about crypto influence, ethics, and investor protection.
She has urged Democrats to vote against the bill, arguing that it could put industry interests ahead of the public.
Meanwhile, two Polymarket traders have placed about $1.5 million on the bill failing, while its odds of passing have fallen to around 15%, from 82% in February.
The traders expect the Senate to hold a vote, but they don’t expect it to become law.

Ethereum price is back at a level where the market has to make a decision. ETH has reclaimed the $2,500 area, while recent exchange data shows more than 116,000 ETH moved off centralized platforms in just 48 hours. That supply shift comes alongside continued institutional participation through U.S. spot Ethereum ETFs, which posted more than $215 million in weekly inflows through September 4. With ETH now pressing against the upper end of its recent range, the next move could be defined by whether buyers can turn $2,500 from resistance into support.
ETF Demand Meets a Shrinking Exchange Balance
The institutional picture remains constructive, although it is not a one-way signal. U.S. spot Ethereum ETFs attracted roughly $215.3 million during the week ending September 4, according to recent fund-flow data. That followed a much stronger run in late August, when the products recorded about $1.42 billion of cumulative inflows across nine consecutive sessions.
The more immediate on-chain signal is the movement of ETH away from exchanges. Reports indicate that over 116,000 ETH, worth close to $300 million, was withdrawn over 48 hours. Large exchange outflows can reduce readily available sell-side inventory, although they do not by themselves prove that the withdrawn coins are being accumulated for a longer-term rally.
ETH Price Analysis: $2,560 Holds the Key
ETH price is trading near $2,500, showing a recovery from the lower part of the recent range and a series of higher lows into September. The immediate resistance sits around $2,550–$2,560. ETH has repeatedly encountered sellers in this area, making a decisive daily close above it more important than a brief intraday move. Below the market, $2,475–$2,440 forms the first meaningful support band. Holding this area would preserve the current recovery structure. A deeper loss of $2,440 would weaken the setup and put the lower range back into play.
Above $2,560, attention shifts to the $2,723–$2,822 supply zone highlighted by the latest volume-distribution analysis. That area represents the next major test rather than an automatic price target. The chart now has a relatively straightforward sequence: hold $2,475–$2,500, clear $2,560, then challenge $2,723–$2,822. A sustained breakout through the upper supply zone would significantly improve the probability of ETH extending toward the $2,800 level.
The $2,800 target is therefore less about predicting a sudden vertical move and more about following the existing technical structure. ETH first needs to establish $2,560 as support and then absorb the heavier supply clustered above $2,700. Failure to clear that zone would leave ETH vulnerable to another range-bound move, particularly if ETF flows weaken or exchange balances begin rising again.
Final Words
Ethereum’s September setup has improved, but the market is still waiting for confirmation. The combination of substantial exchange withdrawals and renewed ETF demand gives the recovery a stronger fundamental backdrop, while the chart puts $2,560 in the immediate spotlight. A daily close above that level would expose $2,723–$2,822, with $2,800 becoming the obvious upside milestone. Conversely, losing $2,440 would weaken the bullish structure.

All platform details verified September 2026.
Ask most people to name a prediction market and you will hear the same short list – the handful of platforms that dominate the headlines. But the category has grown well beyond that top tier, and some of the most interesting execution tools, funding models, and trader features now live on platforms that get far less attention.
This guide looks at ten of them: what each one is actually built for, what makes it different, and who it suits. It is not a ranked leaderboard, and it is not a fee comparison. Costs, order types, and availability change often in this category, so the useful question is not who is a fraction of a percent cheaper this month – it is which platform is designed around the way you trade. Check the current terms on the platform itself before you fund anything.
Quick comparison
PlatformModelOrder toolsTP / SLPublic APIFunding / settlementBest forOutpollCeDeFi, proprietary chainLimit + marketYes, nativeREST + WebSocketMulti-currency deposits, USDC settlementActive & algorithmic tradersOGCFTC-regulated (Crypto.com / CDNA)Market-style execution (no limit orders)NoNoFiat USDSports-focused U.S. tradersNovigCFTC-regulated, peer-to-peerPeer-to-peer exchangeNoNoFiat USDSports traders wanting P2P pricingProphetXCFTC-regulated, self-clearingRFQ parlay + standardNoNoFiat USDSports parlay tradersManifoldPlay-money / socialAMM pool + limitNoREST + WebSocketVirtual currencyRisk-free forecasting & bot testingLimitlessOnchain (Base)Order book + AMMNoREST + WebSocket, SDKsUSDC, onchainFast onchain crypto & event forecastingMyriadOnchain, media-nativeOrder book + AMMNoREST + WebSocket, SDK, CLICrypto and card deposits, onchainNews-embedded marketsFutuurOffshore-licensed; real & play moneyLimit order book with maker rebatesNoREST, with a play-money test modeCrypto, USDC settlementOne venue for practice and real tradingZeitgeistOnchain protocol (Polkadot/Substrate)Hybrid AMM + order book; parimutuelNoSDK + GraphQLNative ZTG token, onchainOnchain builders & market designersSX BetOnchain peer-to-peer exchangeP2P order book + RFQ parlayNoREST + WebSocketUSDC, onchainExchange-style onchain sports pricing
Outpoll
Best for: traders who want professional order tools and programmatic access on event contracts
Outpoll takes a different route from most of the category. Instead of competing on raw liquidity or U.S. regulatory positioning, it builds around the execution needs of active and programmatic traders, bringing risk tools familiar from FX and crypto to binary YES/NO contracts.
The standout feature is native take-profit and stop-loss set directly on event contracts, alongside limit and market orders. That is still rare here, where positions are usually managed by hand and a trader has to sit and watch the market to close a winner. Contracts are fully collateralized and settled in USDC, and deposits in other crypto assets are converted in-app, so funding does not force you into a single asset. For technical users there is a documented REST and WebSocket API covering price monitoring and order automation. The product is mobile-first, with a native Android app and iOS on the roadmap, and it layers in creator-led markets plus a built-in news section, so the context that moves a market sits next to the market itself.
One structural detail worth knowing: Outpoll runs on its own chain, and that chain is internal rather than public today, with the documentation pointing to either a migration to an established network or a public release after testing. So the CeDeFi label here is about execution reliability and Web3-native design, not about checking your fills on a block explorer. A share of trading fees comes back to active traders as cashback in Outpoll Token, which is credited inside the platform and is not yet released, tradable, or exchangeable.
Pros: native take-profit and stop-loss on event contracts, documented REST and WebSocket API, USDC settlement with multi-currency deposits, mobile-first with a native Android app, creator-led markets with integrated news.
Cons: newer than the largest venues, so liquidity is thinner; the underlying chain is not yet public, so onchain verification is not available; the cashback token has not been released.
OG
Best for: sports-focused traders who want regulated U.S. access
Launched by Crypto.com and powered by Crypto.com Derivatives North America, OG trades through a CFTC-designated contract market and clearing organisation. It arrived as a standalone app in early 2026, just ahead of the Super Bowl, and has leaned into sports ever since, across the major leagues and a deep menu of contract types.
Its most distinctive piece is parlay functionality: traders can combine several positions into a single ticket, which is a familiar sports-trading shape rebuilt inside a regulated prediction-market structure. The platform also plans to open access to margin prediction contracts through Crypto.com’s licensed futures commission merchant, which would give advanced users more ways to take exposure.
Execution is deliberately simple. Orders are market-style with immediate-or-cancel logic and there are no limit orders, so you take the price on screen or nothing fills. The experience is built to feel social as much as transactional, with live chat, leaderboards, and community tools next to the markets, and funding for U.S. users runs on ordinary fiat rails with fast payouts.
Pros: CFTC-regulated structure, strong sports coverage, parlays, fast fiat funding, built-in community and sentiment tools.
Cons: no limit orders, so you cannot control your entry price; no public API for automation; coverage skews heavily to sports rather than broad event categories.
Novig
Best for: sports traders who want peer-to-peer pricing
Novig is a peer-to-peer sports prediction market that earned its own CFTC contract-market designation in 2026, a step up from the sweepstakes structure it started with. Rather than trading against a line set by a house, users take or create prices directly against each other.
The pitch is a no-vig model with no house edge: there is no bookmaker margin built into the price, which is the whole reason a sharp trader would look at an exchange instead of a book. A small taker fee applies and makers pay nothing, so the cost sits with whoever demands liquidity rather than with whoever provides it. The app is mobile-first and tuned for speed and direct price discovery. Because it is a real exchange, the model depends on participation: a trade fills only when someone takes the other side, so quiet markets are harder to get into and out of than a house-backed product.
Pros: peer-to-peer pricing with no house margin, its own CFTC designation, no maker fee, clean mobile-first product built for speed.
Cons: coverage is largely sports, so it is narrower than general-purpose platforms; a taker fee applies despite the no-vig framing; no public API; fills depend on counterparties and can thin out in quiet markets.
ProphetX
Best for: sports traders who want flexible parlays and self-clearing infrastructure
ProphetX is sports-native and unusually vertically integrated: it holds both CFTC registrations, as a designated contract market and as a derivatives clearing organisation, so trading, clearing, and settlement all happen in-house instead of through an outside clearing partner. That end-to-end control means one firm manages the full lifecycle of a contract.
Its signature feature is a proprietary request-for-quote parlay mechanism. Users construct and price several events at once through direct counterparty interaction rather than being locked into a preset parlay structure, which gives experienced sports traders room to build and value multi-leg positions their own way. Fees are taken from net winnings rather than from the stake, so the cost lands only when you are right.
Pros: self-clearing, vertically integrated infrastructure holding both CFTC registrations; an unusually flexible RFQ parlay mechanism; fees charged on winnings rather than stakes; deep exchange operating experience.
Cons: sports only, with no finance, politics, or other categories, making it the most specialised platform here; no public API for automation.
Manifold
Best for: play-money forecasting and testing strategies
Manifold is the low-pressure corner of the category. Anyone can create a market on almost any question, which pushes coverage deep into long-tail topics real-money venues never touch, and standard onboarding takes seconds. Trading runs on Mana, the platform’s play-money currency, with orders filling first against limit orders and then against Maniswap, a custom automated market maker adapted from Uniswap for binary markets.
Removing real-money risk turned it into a sandbox for forecasters, researchers, and bot builders, supported by a well-documented public API and bulk data access. It also anchors a real community and runs its own annual forecasting conference, Manifest. Be precise about the money question: the real-money mode was retired in 2025, so forecasting skill no longer converts into withdrawable cash, although the platform does run USDC prize drawings. The other trade-off is that creators write and often resolve their own markets, so rule clarity varies from market to market.
Pros: free to start, an enormous range of user-created markets, public REST and WebSocket APIs, bulk data access, an active forecasting community with its own conference.
Cons: no real-money payouts since the real-money mode was retired, so skill does not convert to withdrawable funds; market quality varies because creators set and resolve their own rules.
Limitless
Best for: traders who want fast onchain event markets with a low barrier to entry
Limitless is an onchain prediction market on Base built around speed. Its signature is short-duration contracts – markets that open and resolve within minutes or hours on crypto prices, settled against a Chainlink time-weighted average rather than a single spot print, which matters because a one-second wick should not decide a market. Longer markets on sports, politics, and world events sit alongside them.
Rather than committing to one trading mechanism, it runs both a central limit order book and an automated market maker. Shallow markets stay tradable through pooled liquidity, while active ones get order-book depth and real limit orders. Onboarding is Web3-native: connect a wallet, fund with USDC, trade, and settlement happens onchain.
For technical users it is one of the better-equipped venues on this list: a documented REST API, a WebSocket feed, full order write access including cancel-and-replace and batch cancel, and official SDKs in TypeScript, Python, Go, and Rust, with no application process for a key.
Pros: onchain settlement on Base, dual order-book and AMM design, short-duration crypto markets resolved on a Chainlink average, USDC settlement, REST and WebSocket access with SDKs in four languages.
Cons: liquidity is uneven outside headline markets; no native take-profit or stop-loss; as a newer platform it carries the usual early-stage depth risk.
Myriad
Best for: traders who like their markets next to the news that moves them
Myriad, launched by Decrypt’s parent company Dastan, takes an angle nobody else on this list does: it stitches markets directly into editorial and video content from outlets like Decrypt and Rug Radio, so a market sits beside the story it belongs to. You read the piece and take a position in the same place, instead of reading somewhere and trading somewhere else.
It is deployed across several chains, with BNB Chain as the main one, and offers both an order book and an AMM path. The order book is a partial rollout on selected markets and hybrid by design, matching off-chain and settling onchain, and BNB Chain is the only network carrying it. Coverage spans crypto, sports, politics, economy, gaming, and culture, including quick-fire short-duration markets.
Onboarding is flexible, through a wallet or an email and social login, and funds stay non-custodial in a user-controlled wallet rather than with Myriad – with the private key exportable, which is more than most social-login venues offer. Deposits accept multiple crypto assets as well as card rails through a payments partner. Automation is a genuine strength: a documented public REST API with a WebSocket feed, order write endpoints, a JavaScript SDK, a CLI, and an MCP server for AI agents.
Pros: markets embedded alongside news content, dual order-book and AMM mechanics, broad category coverage plus short-duration markets, flexible login with exportable keys, card and crypto funding, full API with SDK, CLI and agent tooling.
Cons: liquidity is spread across several chains and the order book runs on one of them only; as with most onchain venues, depth on long-tail markets can be thin.
Futuur
Best for: users who want practice money and real money in one place
Futuur runs two modes side by side: a play-money sandbox and a real-money market on the same categories, so a strategy can be tested at zero risk and then traded for real without changing platforms. The split is designed in rather than incidental – the API defaults to play money and live real-money trading through it is a separate permission, which makes it an unusually clean on-ramp for bot builders.
Mechanically it runs a central limit order book, not a pool: quotes come back as discrete price levels with size on each, with bid and ask sides, time-in-force options, and rebates for makers. That is a change from the automated-market-maker design the platform used earlier in its life, and one that most secondary write-ups still have wrong. Real-money trading is crypto-funded and settled in USDC, so dollar figures on screen are a unit of account rather than a fiat rail. It operates under an offshore licence rather than U.S. regulation, and does not publish the licence details on the site.
Pros: real and play money in one venue, a limit order book with maker rebates, a documented API with a play-money test path built in, broad international access.
Cons: offshore-licensed with licence details not published; funding is crypto-only, with no card or bank rails; liquidity is smaller than the category leaders.
Zeitgeist
Best for: onchain builders and creators who want to design their own market structures
Zeitgeist is a decentralized prediction-market protocol built as its own blockchain on Polkadot using Substrate, aimed at the technical, permissionless end of the category. Anyone can create a market, and the protocol is designed around more expressive structures than a simple binary: a hybrid scoring rule that combines an automated market maker with a central double auction in the same market, parimutuel markets for categorical questions, and futarchy governance as a shipped runtime module rather than a thought experiment. Trading and market resolution run through the native ZTG token, though other Polkadot assets can be registered as the base asset for a market.
Because it is protocol-first rather than app-first, Zeitgeist rewards people comfortable with onchain tooling: access is through an SDK and a GraphQL indexer rather than a public REST API, which fits builders more than casual traders. The trade-off is the flip side of permissionlessness – liquidity and polish lag well behind consumer apps.
Pros: fully onchain and permissionless, a purpose-built blockchain with expressive market types, parimutuel markets, shipped futarchy governance, user-created markets, SDK-level access for builders.
Cons: token-first rather than stablecoin-first, a steeper learning curve than consumer apps, thinner liquidity outside active markets, and – worth checking before you commit time – public documentation that has not been updated since 2023 and public endpoints that were unresponsive at the time of writing.
SX Bet
Best for: sports traders who want an onchain peer-to-peer exchange
SX Bet is a non-custodial peer-to-peer exchange running on SX Rollup, an Arbitrum Orbit L2, and it describes itself as the largest crypto sports exchange in the world. Like Novig, the pitch is the exchange model: users make and take prices against each other and SX never takes the other side, so no bookmaker margin is baked into the price. Be precise about what that does and does not mean – there is no vig in the odds, but a commission does apply to winnings.
Coverage is sports-focused but not sports-only: the public category list runs to thirty entries and includes politics, crypto, economics, entertainment, esports and NFTs. For technical users it is one of the more developer-friendly venues here: a documented REST API that needs no key for market data, a WebSocket feed for live order books, signed writes, and an RFQ parlay flow, which together are enough to run serious automated strategies. Funds are non-custodial in the precise sense: they sit in a proxy contract owned by your wallet, and withdrawals need your signature.
One thing to keep in view is that the infrastructure is mid-transition. The older SX Network chain is being wound down and the SX token is being retired, with holders allocated USDC-denominated credits, so anything you read describing SX Network as the live chain is out of date.
Pros: onchain peer-to-peer exchange with no house margin in the price, strong developer tooling, non-custodial funds in a user-owned proxy contract, broader-than-sports coverage, deep sports volume.
Cons: a commission applies to winnings despite the no-vig framing; crypto-native rather than fiat-first, so it suits wallet users; the chain and token are mid-migration; peer-to-peer fills depend on counterparties.
How to choose
None of these is a straight replacement for the biggest names, because each one solves a different problem. If regulated U.S. access matters most, OG, Novig, and ProphetX are the CFTC-designated options, and the choice between them comes down to whether you want fiat rails and community tools, pure peer-to-peer pricing, or flexible RFQ parlays. If you would rather trade onchain, Limitless is built for speed and short-duration markets, Myriad puts markets next to the news that moves them, SX Bet is the sports-first exchange with the best developer tooling, and Zeitgeist is a protocol for people who want to design market structures themselves. Manifold and Futuur are where you go to practise, with Manifold play-money only and Futuur letting you move from a sandbox to real funds without changing platforms. Outpoll stands out for traders who want professional order types, native take-profit and stop-loss, and API access on event contracts.
The practical test is simple: can you fund and withdraw the way you want, do the markets you care about have real depth, and does the platform give you the order controls and automation your strategy needs. Fee tables shift and new order types appear every few months, but those three questions keep their answer long enough to be worth asking.
Disclaimer: this material is published for general information and review purposes only and does not constitute financial, legal, or investment advice. Prediction market platforms change their infrastructure, fees, order types, and availability frequently, and the regulatory framework for event contracts continues to evolve. Details were checked at the time of writing and may since have changed or become inaccurate. The editorial team accepts no liability for decisions made on the basis of this article – verify current terms, fees, and eligibility with each platform directly before trading.

Chainlink is back under the spotlight after climbing from the local lows around $11 to above $13, breaking the consolidated range around $12. This range had been an important resistance zone and a potential support area; breaking this range could set up a strong bullish trajectory. Meanwhile, the bullish case is getting stronger on the fundamental side as Chainlink continues to expand across institutional finance, cross-chain infrastructure, tokenised assets, and stablecoin payments.
With LINK price trading above $13, it would be interesting to see if it can hold $12 and extend the rally towards $15.
What’s Driving the LINK Price Rally?
The LINK price has surged above $13, gaining more than 80% in less than two months, and here are the key catalysts behind the surge.
Chainlink partnered with Bottomline to bring CCIP and CRE to a network of more than 600 banks, targeting cross-border payments.
Bottomline’s platforms handle more than $16 trillion in annual payments, giving the partnership significant scale.
BitGo is part of a migration involving more than $15 billion in assets to Chainlink’s CCIP infrastructure
Chainlink is expanding its presence in tokenised stocks and real-world assets, one of the strongest narratives in the crypto market.
Wyoming’s Stable Token Commission adopted Chainlink’s Proof of Reserve, adding another institutional use case
All these developments comes in time when the LINK price has broken above $12. However, the question remains whether the growing adoption can transform into a strong demand for LINK.
LINK Targets $15 as Open Interest Surges
The LINK price shows a clear change in the trend after the latest breakout above $12. Open interest has jumped to $378.9 million, up sharply from around $190 million. On the other hand, the funding rate is positive at 0.008%, which means long positions are currently paying shorts. The rate is positive but not extreme, so the market is bullish without showing clear signs of excessive leverage yet.
Meanwhile, Futures CVD stands at $113.1 million, meaning selling has remained stronger than buying in the futures market. Despite this, the price has surged, suggesting the market has absorbed the selling pressure without losing momentum. Moreover, the spot CVD is also negative, which has not impacted the LINK price rally. This appears to be the main catalyst, as buyers seem to be absorbing the selling rather than letting it push prices lower.
Currently, holding $12 is extremely crucial for the price, which may pave the way for more upside to $13.67 and eventually to $14 or $15.
Whale Activity Raises New Risk for Chainlink
While the price rally is gaining momentum, the on-chain data reveals a potential supply problem incoming. A large whale has moved more than 620K LINK, worth about $7.6 million, to Coinbase. This transaction becomes evident, as this whale has been sending a significant amount of LINK to Coinbase over the past three weeks.
CHAINLINK WHALE SENDS ANOTHER $7.6M LINK TO COINBASE
The whale deposited another 620.42K $LINK (~$7.6M) to Coinbase.
Over the past three weeks, it has now sent 2.41M $LINK (~$26.04M) to Coinbase, which was previously accumulated from Binance.
Address:… https://t.co/tc5WD5lB5w pic.twitter.com/nEvyKb3Js3
— Onchain Lens (@OnchainLens) September 7, 2026
These deposits are potentially bearish because LINK moved to an exchange and can be sold into the market. However, currently there is no strong evidence of selling, but the transfers occur at times when Chainlink’s price breaks a strong barrier. For now, whale activity is a risk but not confirmation of a sell-off.
Chainlink Price Prediction: Can LINK Reach $15?
LINK’s price structure remains cautiously bullish as long as the token holds the $12 support zone. The combination of strong institutional developments, rising open interest and the recent breakout keeps $14 and $15 as realistic upside targets.
Bullish Case: Holding $12 and breaking above $13.67 could open the way toward $14 to $15
Bearish Case: Losing $12 could trigger a pullback toward $11.50 to $11, with $10.70 as a deeper support level
Key Risk: Continued whale transfers to Coinbase could add selling pressure near current highs
For now, $12 remains the key level for the Chainlink (LINK) price rally.

Ethereum co-founder Vitalik Buterin has rejected a prediction from Silicon Valley investor Liron Shapira that artificial intelligence (AI) could trigger a 50% or bigger Bitcoin crash within two years by weakening the network’s security.
Buterin says the risk is extremely low and revealed that around 90% of his net worth is already riding on this bet.
Liron Shapira Sees 50% Bitcoin Crash Risk
Liron Shapira said he had 50% confidence that Bitcoin would lose more than half its value within two years because AI could weaken the security guarantees investors expect from the network.
“I claim (50% confidence) that BTC prices will crash 50%+ in the next 2 years because of AI undermining what people imagined were its security or robustness guarantees.”
His concern is that faster AI could eventually create new attacks against the technology protecting Bitcoin.
Vitalik Says Bitcoin Can Handle Most Problems
In response to Shapira’s claim, Vitalik says he remains confident in Bitcoin’s ability to address security problems.
“I take the opposite side of that.”
He explained that Bitcoin can address many network-level problems without requiring broad social agreement. For example, developers and mining pools could upgrade their systems if new attacks appeared.
I take the opposite side of that.
My basic reasons are that I am quite optimistic about cybersecurity in the long term and I see the primary problem as being getting the transition, and I expect BTC to handle at least any issues that do not require social consensus well…
— vitalik.eth (@VitalikButerin) September 7, 2026
Buterin also said the chance of a genuine breakthrough against Bitcoin’s hash algorithms or Proof-of-Work (PoW) is “tiny.”
That makes the main risk, in his view, less about AI suddenly breaking Bitcoin and more about how quickly the network could respond to a new threat.
90% of Vitalik’s Net Worth Is Already the Bet
Buterin went further by pointing to his own crypto holdings. He said he would offer Shapira a bet, but his existing holdings already put him heavily on the other side of the argument.
“I have already [taken] this bet,” Buterin said, noting that around 90% of his net worth is already exposed to crypto.
AI Concern Grows Around Bitcoin’s Future
Liron Shapira is not the only one warning about the possible impact of AI on Bitcoin. Co-founder of BitMEX, Arthur Hayes, has earlier said that the rapid growth of AI could pull money away from crypto and create pressure on Bitcoin.
Hayes warned that an AI-driven credit shock could trigger a wider market sell-off and push Bitcoin below $60,000.
Even Bitcoin critic Peter Schiff has also raised concerns, stating, “AI isn’t bullish for Bitcoin; it’s a threat to it.”
He believes AI and Bitcoin could compete for the same investment money, electricity, and data-center resources, reducing the demand that has helped drive Bitcoin’s past rallies

The XRP holder base has grown significantly over the past few years, changing the amount of XRP needed to rank among the largest holders.
According to XRP Scan, holding around 2,120 XRP could place an investor in the top 10% of XRP wallets. With XRP trading near $1.40, that amount would be worth about $3,000. The number rises quickly for higher rankings. Around 7,438 XRP could put a holder in the top 5%, while about 10,000 XRP could place them near the top 4%. For the top 1%, the figure is estimated at roughly 44,500 XRP.
How Much XRP Is Needed to Be in the Top 10%?
The current XRP rich list reportedly looks very different from a few years ago. The top 10% threshold was previously around 3,333 XRP. At that time, XRP was trading between roughly $0.30 and $0.50. That meant buying 3,333 XRP could cost somewhere around $1,500.
Today, the number of XRP needed to reach the reported top 10% level has fallen to around 2,120 XRP. However, the dollar cost is higher because XRP is now trading at a much higher price.
At $1.40 per XRP, 2,120 XRP would cost approximately $2,968.
XRP Rich List Estimates
RankingXRP NeededTop 10%2,120 XRPTop 5%7,438 XRPTop 4%10,000 XRPTop 1%44,500 XRP
These figures are estimates and can change as the number of XRP wallets and the distribution of XRP change.
XRP Wallets Continue to Grow
One of the biggest reasons the XRP rich list has changed is the growth in the number of wallets holding XRP. The XRP ecosystem now has more than 8 million wallets, compared with roughly 5 million to 5.5 million several years ago, according to figures cited in the commentary.
However, the number of wallets does not equal the number of people holding XRP. A single person can own multiple wallets, so the actual number of individual XRP holders is likely lower. This also means that a wallet ranking does not necessarily tell us exactly how many people are in each group.
Could 2,120 XRP Become Worth $50,000?
If XRP reachs a market value similar to Bitcoin’s, one XRP could theoretically be worth around $25.55, based on the assumptions used in the calculation. At that price, 2,120 XRP would be worth about $54,000.
However, this is only a hypothetical scenario. XRP reaching Bitcoin’s market value would require a major increase in its overall value, and there is no guarantee that this will happen. The actual value of 2,120 XRP in the future will depend on XRP’s price at that time.
XRP Investors Are Watching for New Highs
XRP has several factors that investors believe could support its future growth, including greater use of blockchain technology in financial services, institutional interest and potential changes in U.S. cryptocurrency regulations. The possible expansion of XRP-related payment and financial applications is also being closely watched by the market.
Still, XRP remains a highly volatile asset. Predictions that the token will reach $5, $10, $20 or higher are speculative and should not be treated as guaranteed outcomes.
For now, the changing XRP rich list shows how the holder base has evolved.

TAO price has turned sharply higher after spending weeks under pressure, with the token climbing as much as 18% and briefly pushing toward $277. The move comes as the Bittensor network enters a new phase of protocol changes, including upgrades to subnet emissions, staking and root-network rewards. August releases also tightened subnet ownership mechanics and expanded staking functionality. With TAO now trading near $270, traders are watching whether the latest breakout can develop into a sustained trend reversal.
Bittensor’s Latest Upgrades Add More Substance to the Move
Bittensor has rolled out several protocol changes in recent months that directly affect how capital moves through the network. The V440 Emission Gate introduced a demand threshold for subnet emissions. Subnets above the market-set threshold retain price-linked emissions, while weaker subnets see emissions decline toward zero. The change is designed to shift rewards toward subnets attracting stronger market demand rather than maintaining passive value across every slot.
The network followed that with V441, V446, V447 and V448, covering root staking, alpha accounting, conviction-based subnet ownership and safer staking operations. The latest release listing also shows V450 moving toward validator-curated root baskets with a 1/16 concentration cap.
TAO Price Action: Bulls Reclaim the $270 Zone
TAO’s recent price structure shows a decisive shift from the August consolidation. The token closed around $230 on August 31, slipped to roughly $220 on September 1, and then began building a recovery. By September 5, TAO had climbed back to about $236, before the September 6 move carried it to an intraday high near $270 and a close around $265.
The next session extended that move, with TAO trading around $270–$271 and reaching roughly $276–$277 intraday. TAO price breaks above the descending trendline that had capped several recovery attempts since the earlier highs. That breakout is supported by a sharp surge in trading activity. CoinGlass data shows $868 million in 24-hour futures volume, up 158.61%, while open interest reached $434.58 million, up 18.03%. Spot volume stood near $146.90 million.
The combination of higher price, heavier turnover and rising open interest gives the breakout more weight than a low-volume move. However, the increase in leveraged positioning also raises the risk of fast pullbacks if buyers fail to defend the breakout area.
The Chart Now Points to $300 First
TAO price chart places $260–$265 as the first area bulls need to defend after the breakout. Holding this zone would keep the former resistance-to-support flip intact. Above the current price, $277–$280 is the immediate hurdle. A clean daily close above that region would expose the psychological $300 level.
If momentum carries TAO through $300, the next major resistance area on the chart sits around $325–$350. That zone previously attracted heavy selling and could become the next test for the recovery. On the downside, a decisive move back below $260 would weaken the breakout setup. A deeper loss of the $235–$240 region would put the recent recovery under greater pressure and bring the prior consolidation range back into play.
What Comes Next for TAO?
TAO has moved from the low-$220s to above $270 in a matter of sessions, while derivatives activity has expanded alongside the price move. The technical setup now depends less on another immediate spike and more on whether buyers can turn $260–$280 into a durable base. A sustained move above $280 would strengthen the case for $300, followed by the $325–$350 resistance zone.

Katherine Kirkpatrick Bos, Head of Legal at Chainlink, offered a stark assessment of the Clarity Act’s prospects after the House canceled the final two weeks of its September legislative schedule.
“Devastating for Clarity”
Asked whether the industry has entered a “post-Clarity era,” Kirkpatrick Bos didn’t hesitate. “We just heard that the House cut two weeks from its schedule, the final two weeks of its September schedule canceled, which is devastating for Clarity,” she said.
She called the development “very frustrating” for the many market participants who had pushed hard for the legislation, describing it as “the ultimate way to futureproof all of the good work that’s being done.”
Why Legislation Matters More Than Guidance
Kirkpatrick Bos argued that regulatory guidance from agencies, however well-intentioned, isn’t a substitute for an actual law. “We’ve heard future proof again and again from both the CFTC and the SEC,” she said, “but the three of us definitely know that the best way you future proof things is legislation, because it’s very difficult to amend or to undo legislation. It’s much easier to change rulemaking or guidance, which is a lot of what we’re seeing now.”
She said she’s encouraged that financial regulators are moving quickly to fill the current legislative gap. “I am happy to see our financial regulators moving quickly to fill this legislative gap and to provide clarity, to provide guidance,” she said.
Her Real Concern: Can Guidance Hold?
Despite that, Kirkpatrick Bos said her underlying worry is durability. “My only concern as a scenario in two and a half years, what can we do to cement that guidance?” she asked. Her proposed answer centers on broader participation from established financial players.
“The best tactic, the best way we can really underscore the seriousness of providing that legal clarity that should not be undone, is getting more people at the table,” she said. “The more that we are embedded with TradFi, the more sophisticated large institutions are part of the discussion and part of the engagement, the harder it’s going to be to undo all of this.”

Bitcoin is approaching a critical technical level that could determine whether its recent rally marks the start of a genuine trend reversal, according to Verified Investing chief market strategist Gareth Soloway. The analyst laid out both the bullish and bearish case using chart structure and historical cycle comparisons.
Why This Isn’t a Confirmed Bull Market Yet
Despite the rally, Soloway was clear that Bitcoin has not technically confirmed a new bull market. The issue is that price has not yet broken above its prior pivot high near $82,865, with the recent rally topping out around $82,300. Until that level is cleared, Bitcoin remains in a pattern of lower highs and lower lows, the technical definition of a downtrend, according to Soloway.
What’s Capping the Rally
Soloway identified two separate bear flag trend lines from earlier price action that, when extended forward, converge right around where the current rally has stalled. He described the alignment as coincidental but notable, calling it the technical reason the rally has been “capped” for now. He was careful to note this doesn’t rule out a breakout, and said recent price action has looked “very, very good” overall.
What a Higher High Would Signal
If Bitcoin breaks above the $82,865 pivot, Soloway said that alone wouldn’t guarantee a bull market, but it would represent the first higher high in the current pattern, opening the door to watching for higher lows on pullbacks.
He said a break higher wouldn’t preclude a pullback toward $68,000, but the broader structure would begin shifting from a downtrend toward a potential uptrend.
The Cycle Timing Question
Soloway also compared the length of the current market cycle to Bitcoin’s two prior major cycles. He said the 2017 peak-to-bottom cycle took roughly 360 trading bars (about a year), and the 2021 cycle length was nearly identical.
By contrast, he calculated the current cycle’s low arrived at just 266 bars, roughly 100 days shorter than the prior two cycles, based on his own chart analysis. He acknowledged this timing discrepancy could suggest Bitcoin’s bottom isn’t fully in yet, since it doesn’t match the historical pattern.
Case for Shorter Cycles
To explain the possibility of a shortened cycle, Soloway drew a comparison to gold, noting the gap between gold’s 1980 and 2011 bull market peaks was 31 years, while the gap between 2011 and 2026 was only 15 years, roughly half as long. He attributed this compression to rising M2 money supply and growing government debt levels, framing it as evidence that if an asset is functioning as a store of value akin to “digital gold,” its cycles should naturally shorten over time as currency debasement accelerates.
He suggested this same logic could apply to Bitcoin, potentially explaining why its current cycle arrived faster than the 2017 and 2021 cycles did. As of this analysis, Bitcoin’s next move hinges on whether it can clear the $82,865 pivot high in the near term.

Someone bought 22,840 ZEC for $1.1 million between 2022 and 2024. They held through the volatility, and today, the same investment is worth $23 million. That’s a $22 million profit from one trade. Not bad for an asset most investors would’ve abandoned during the ugly years.
ZEC Price Rally Follows Major Supply Migration
The latest transfer to Binance highlights how sharply confidence around ZEC has changed. TedPillows shared the trade details today, showing that the holder moved the entire position after watching its value increase more than twentyfold.
Still, the bigger story may be happening beneath the price chart. Zcash’s shielded supply data shows major changes across its Orchard and Ironwood pools during 2026.
The Orchard pool reached roughly 4.5 million ZEC in early June before steadily declining. Meanwhile, the Sapling pool remained above 500,000 ZEC, while the Sprout pool exceeded 20,000 ZEC.
By late July, much of the Orchard supply had shifted into the new Ironwood pool. By early September, Orchard had fallen to approximately 455,000 ZEC, while Ironwood had climbed to 3.86 million ZEC from 132,930 ZEC on July 28.
Ironwood Hard Fork Restored Market Confidence
The supply migration followed the Ironwood hard fork, which resolved a critical security bug affecting Zcash’s Orchard pool in July 2026. The upgrade used a secure turnstile migration, allowing the affected supply to move without compromising the token’s total supply.
That distinction matters. The migration confirmed that the supply remained uncompromised, helping restore confidence in the network and supporting the subsequent ZEC price rally.
The market response has been difficult to ignore. ZEC rose approximately 180% from the $374 support area, which aligned with the 200-day EMA band. Since then, the token has continued attracting attention from traders and onchain participants.
ZEC Price Enters Discovery Above $1,000
The daily chart now shows ZEC crossing $1,000 during the past 24 hours and reaching above $1,050. The rally has continued into September, with the 20-day EMA band near $805 acting as a key support area.
If demand continues increasing, ZEC price could test the $1,100 round-number resistance or move higher. The token is already in a price discovery phase, meaning previous resistance levels offer less guidance than they did earlier in the cycle.
However, the rally still has clear downside levels. A drop below $880 could expose the $805 support area, while a deeper correction may bring the 50-day EMA band near $670 into focus.
For now, the $22 million whale profit, the Ironwood supply migration and the technical breakout all point toward stronger ZEC market confidence. Whether that confidence can sustain ZEC price above $1,000 remains the next test.
What is ZEC price doing right now?
ZEC price crossed $1,000 during the past 24 hours and moved above $1,050.
How much profit did the trader made to become a ZEC whale?
The holder reportedly bought 22,840 ZEC for $1.1 million and later transferred the position worth approximately $23 million, representing a $22 million profit.
What happened to Zcash’s Orchard pool?
The Orchard pool declined from roughly 4.5 million ZEC in early June to approximately 455,000 ZEC by early September 2026.
What is the Ironwood pool?
Ironwood is the new pool that absorbed much of the Orchard supply following the July 2026 hard fork and secure turnstile migration.
What are the key ZEC price support levels?
The major support levels are $880, $805 and approximately $670.
Could ZEC price reach $1,100?
If demand remains strong, ZEC price could test the $1,100 resistance level or move higher during its current price discovery phase.

XRP price is trying to recover, but the order-flow data still has a few problems. Spot trading volume reached its highest level since February in August, while the 30-day price-to-CVD correlation improved to approximately 0.43. Yet CVD remains negative near -8 million. More activity is returning, but buyers haven’t fully taken control.
XRP Trading Volume Returns With A Catch
XRP spot trading volume climbed sharply across major exchanges in August. Binance recorded approximately $7.28 billion, followed by Upbit at $4.68 billion and Bithumb Korea at $2.59 billion.
Bybit posted around $1.40 billion, Gate.io reached $1.33 billion, and KuCoin recorded approximately $1.23 billion. Bitget and Coinbase followed with roughly $918.5 million and $915.4 million, respectively.
That’s a meaningful improvement in liquidity and market participation. It isn’t automatically bullish, though. Higher volume includes both buyers and sellers. The real question is whether demand can keep absorbing the supply.
XRP Price Needs Stronger CVD Confirmation
The latest Binance data shows a moderate relationship between XRP price movement and CVD changes, with the correlation coefficient near 0.43. XRP price has stabilized around $1.30 after rallying from roughly $1.00 to above $1.50 during the second half of August.
The problem is that CVD remains negative near -8 million. So, while price has improved, aggressive selling pressure hasn’t disappeared.
If CVD moves into positive territory while the correlation strengthens, the rally would have better confirmation from spot order flows. If CVD stays negative and the correlation weakens, corrective pressure could return.
Analysts See A Wider XRP Price Roadmap
One market view claims XRP has repeated a pattern seen before its reported 650% surge in 2024. The analysts proposed roadmap runs from $1.10 to $1.00, then $1.30, $1.90, $2.80, and $3.40.
Another bullish analysis points to the Fibonacci 0.5 retracement as the level where the latest correction ended. XRP has since moved above the 0.618 line, with the Fibonacci 1.618 level near $2.135 presented as the next potential target.
Those projections remain conditional. The market still needs sustained demand, not just a familiar-looking chart.
For now, XRP price has improving liquidity and a moderate CVD correlation, but negative order flows remain the main obstacle. If spot buying finally turns positive, XRP price could gain stronger momentum toward $2.135. Until then, the rally remains a work in progress.
What is the current XRP price?
XRP price has stabilized around $1.30 after rising above $1.50 in the second half of August.
Why is XRP spot volume important?
XRP spot volume reached a six-month high in August, indicating stronger market activity and liquidity.
What is XRP CVD?
CVD tracks the balance between aggressive buying and selling orders. The current reading remains negative near -8 million.
What does the XRP price-to-CVD correlation show?
The 30-day correlation is approximately 0.43, indicating a moderate relationship between price movement and CVD changes.
What is the potential XRP price target?
The provided Fibonacci analysis identifies approximately $2.135 as a potential target. Also, XRP could extend to $3.40, if past pattern repeats.
Could XRP price face another correction?
Per an onchain analyst, If CVD remains negative and the correlation weakens, corrective pressure could increase.

Zcash has exploded higher over the past 48 hours, with the price breaking above the $1000 barrier. The ZEC price has marked an intraday high of $1,046 for the first time since 2016, putting the privacy-based crypto firmly back in the spotlight. Besides, the market data shows that derivatives have played a major role compared to the spot market, accelerating the breakout. Meanwhile, Zcash’s shielded-pool data does not show a strong net increase in coins moving into privacy pools, placing the token at an important crossroads.
This raises concerns about whether the breakout above $1000, amplified by its derivatives of it is the beginning of a sustainable upswing.
Zcash (ZEC) Breaks Above $1000 After a Sharp Rally
The Zcash price spent several years trading well below its previous cycle highs before beginning a strong recovery. The latest breakout has pushed the price above $1000, a level that has not been traded in a decade. The immediate technical challenge is no longer whether ZEC can reach $1000 but whether the token can transform this into a strong base.
Holding above this range would strengthen the bullish structure, suggesting that the previous resistance has turned into a crucial support. If buyers manage to sustain the breakout and push above the recent high at $1,048, the next major upside area on the long-term chart comes near $1,600 to $1,625. A failure could push the levels below $1000, exposing them to the support between $850 and $900.
Rising Open Interest Rises at Risk of Reversal
Zcash’s price reversal occurred alongside a sharp increase in derivatives positioning, with the open interest climbing to $1.66 billion. Moreover, the short liquidations have also helped to accelerate the rally. Besides, the futures CVD has risen to nearly 5.07 million, but spot CVD remains negative at around -387,000, despite recovering from its recent lows.
This creates an important divergence between organic demand and leveraged-driven momentum. As the price moved higher, the short sellers closed positions, but this can add further buying pressure. Besides, the spot buying has not yet matched the strength seen in the futures market. Therefore, if leveraged positions become crowded and the ZEC price falls back below $1,000, those positions could turn into forced selling.
What’s Next for Zcash (ZEC) Price Rally?
The Zcash price breakout above $1000 is bullish, but rising open interest and liquidation-driven momentum suggest the move remains vulnerable to sharp volatility. Holding $1,000 and turning the $850-$900 zone into support would strengthen the case for further upside. While a sustained rise in spot buying would provide confirmation, the rally currently lacks it. For now, $1,050 is the immediate hurdle, with $1,600 to $1,625 becoming relevant if the ZEC price can sustain the breakout.