Author: Yeek.io

Ethereum’s price is consolidating near $2,500 as institutions quietly ramp up their exposure to ETH. As of press time, Ethereum (ETH) is trading at $2,492, down 0.9% over the last day. The price is close to the lower end of its recent 7-day range between $2,419 and $2,666 and. Market activity appears to be picking up steam despite the slight decline. Ethereum’s 24-hour trading volume has increased by more than 25% to $11.42 billion, indicating a resurgence of investor interest. In line with this, Coinglass data shows that derivatives volume increased 21.9% to $37.36 billion, but a 1% decline in…

Sui network-based Cetus Protocol has relaunched with a new roadmap, open-source plans, and a compensation programme following a $223 million exploit. The decentralized exchange unveiled its post-relaunch strategy in a June 8 blog post, outlining measures to enhance protocol security, upgrade monitoring systems, and transition toward full open-sourcing. A newly structured white hat bounty programme has also been introduced to support community-driven security efforts. According to the team, all affected CLMM pools have now been replenished using a combination of recovered assets, treasury funds, and a $30 million loan from the Sui Foundation. Liquidity providers will regain access to their…

Memecoin ETFs could debut by 2026, driven by demand for actively managed crypto products. SEC delays fuel frustration, but issuers push for “first-to-file” ETF review model restoration. Amid the rising interest in altcoin ETFs and expectations of their approval in 2025, memecoin ETFs are also beginning to attract attention. A page under the name – Vladcoin noted,  “I think there should be an ETF that actively trades memecoins — buying and selling based on performance. It would hold the promising ones and sell off the weaker ones. Basically, an actively managed memecoin ETF.” Bloomberg ETF analyst Eric Balchunas weighs in…

SHIB burn rate surged 5762.9%, while address activity rose across all categories last week. Exchange outflows rose 92.01%, nearly doubling inflows, as funding rates flipped slightly bullish. Shiba Inu [SHIB] has drawn renewed attention after its 24-hour token burn rate surged by a staggering 5762.9%, with over 26 million tokens incinerated. This spike reflects intensified deflationary efforts by the community, which often aligns with attempts to restore confidence after price pullbacks.  However, this time, the price barely responded. SHIB slid 1.82% to $0.00001259 despite the burn, suggesting deflation alone isn’t moving the needle. Retail traffic rises as whales step back…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After a horrendous start to the year, the United States-based spot Ethereum ETFs (exchange-traded funds) have managed to turn their fortune around over the past few weeks. This positive trend mirrors the shift in sentiment amongst Ethereum investors since the start of the year’s second quarter. Ethereum ETFs Hit 15 Consecutive Days Of Capital Inflows According to data from SoSoValue, the US Ethereum ETFs registered a net inflow of $25.22 million on Friday, June 6. This latest daily performance marked the 15th straight day of capital inflows…

Andre Cronje’s Sonic token is in freefall, having erased almost $1.3 billion in market capitalization since its relaunch in January. Sonic (S) price crashed to $0.3775 on Sunday, down by over 61% from its highest point this year. This crash has brought its market capitalization to $1.9 billion, down from $3.15 billion in January. Sonic token has plunged as its ecosystem continues slowing down. Data shows that the stablecoin market cap has plunged to $446 million, down from $597 million earlier this year. A falling stablecoin supply in a chain signals that activity in the network is fading.  Further data…

Despite Maple Finance’s impressive growth—nearing $1 billion in active loans and expanding its footprint to Solana—the platform’s native token, SYRUP, is showing signs of fatigue. After a staggering 355% rally from its April lows, the token has stalled, with on-chain data pointing to slowing user adoption and diminished whale interest. While the protocol’s fundamentals appear strong, technical indicators such as a bearish double-top pattern and weakening network activity suggest that SYRUP’s recent momentum may wane. At last check Sunday, Maple (SYRUP) price was trading at $0.40 — a few points below this month’s high of $0.4637. On-chain data shows that…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum has remained resilient over the past few weeks, holding firmly above key support levels despite a broader market pullback. While many altcoins have struggled to find direction, ETH continues to trade above the $2,500 zone — a level that has repeatedly served as a strong foundation during times of uncertainty. Now, all eyes are on the $2,800 mark, which stands as the critical resistance level that bulls must reclaim to confirm a breakout and reignite bullish momentum. The overall market remains in a wait-and-see mode, with…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a post shared on X by UniChartz, it was noted that Ethereum (ETH) has developed a well-defined bullish structure, characterized by a series of Higher Highs (HH) and Higher Lows (HL), a classic signal of upward momentum. However, after this upward move, ETH has now entered an accumulation phase just below a key resistance zone, suggesting that the market is consolidating before its next potential breakout. EMA Confluence Zone Retest: Ethereum At Crucial Decision Point According to UniChartz, Ethereum is currently navigating a crucial technical juncture…

Solana rallied nearly 5% on Friday, down almost 10% in the past week. The Ethereum competitor will likely rally towards its $165 target, a 13% rally within the next week. While Ethereum draws the interest of institutional investors, Solana is competing through partnerships and decentralized applications on the blockchain.  Solana price forecast  According to technical indicators on the SOL/USDT daily price chart, Solana (SOL) could soon observe a trend reversal. SOL is trading at $149.92, and the Ethereum (ETH) competitor could rally 13% and test resistance at $170, the upper boundary of the FVG on the daily price chart.  Above…