Standard Chartered’s digital assets research chief says Ethereum still has 
room to rise, even after recent swings in price. According to Geoffrey 
Kendrick, growing institutional demand and shrinking exchange liquidity are 
tightening supply and could push Ether higher toward his year-end target of 
$7,500. Related Reading: XRP’s Biggest Doubter Just Dropped Close To $5 Price 
Bomb — Here’s Why Institutional Demand Up Reports have disclosed that 
corporate digital asset treasury firms have bought about 2.5% of circulating 
ETH since June. Spot ETH exchange-traded funds added close to 5% over the same 
period. Based on those figures, roughly 7.5% of supply has been drawn into 
corporate treasuries and ETFs since June, a large shift in a relatively short 
time. Kendrick expects these firms could eventually hold up to 10% of all 
circulating Ether, a projection that underpins his bullish view. Exchange 
Outflows And Price Moves Exchange-balance trackers show a substantial movement 
of coins off trading platforms. In a single day, over 74,000 ETH — roughly 
$340 million at recent prices — was withdrawn from exchanges, led by Binance. 
Such outflows are often read as a sign of reduced near-term selling pressure. 
Ethereum did slip about 5% on Tuesday before bouncing back. According to 
CoinMarketCap, it trades near $4,618, marking a 4.6% gain in the last 24 hours 
and a weekly rise of 10%. Resistance Levels To Watch Traders are watching 
short-term barriers around $4,600. A clear move above that level could open 
$4,700, with $4,800 the next checkpoint before the prior high. The asset 
briefly hit an all-time high of $4,950 on August 24. Kendrick’s forecast of 
$7,500 by year-end implies a roughly 60% climb from current prices, a scenario 
that would require continued strong flows and calm macro conditions. Corporate 
Moves Versus Market Supply Reports point to firms such as SharpLink Gaming and 
Bitmine Immersion being valued in relation to their ETH exposure. Kendrick 
compared these companies to Strategy’s approach with Bitcoin, arguing some are 
priced below what he considers fair value. SharpLink has announced a share 
repurchase program that would trigger if its metric net asset value falls 
below 1.0, a move that could set a price floor for the stock. Related Reading: 
Dogecoin Gears Up For Triple Surge Vs. Bitcoin – Details That corporate 
behavior, while supportive for those equities, is not identical to permanent 
removal of ETH from circulation the way staking or ETF custody can be. The 
bullish picture rests on a few big assumptions. Macro shocks, quick shifts in 
investor sentiment, or regulatory moves could reverse flows fast. Crowded 
positions can be created when many buyers chase the same theme, and those 
positions can amplify volatility if sentiment changes. Featured image from 
Unsplash, chart from TradingView

Ethereum Still A Bargain? StanChart Exec Says ETH Is ‘Cheap’ And Ready To Rally

Lightning Network data reveals a clear pullback in both capacity and channel 
count over the past year. As activity thins out, the network is showing 
stronger pockets of centralization—clustered around a handful of node 
operators, specific server hosts, and dominant geographic hubs. Lightning 
Network Contracts: Data Reveals 30%+ Drop in BTC Capacity The most visible […]

Data Shows Sustained Slide in Lightning Network Capacity, Channels Through 2025

Solana (SOL) is once again testing a critical barrier at $205 after surging 
nearly 8% in the past 24 hours to $203.5. The move has triggered a renewed 
optimism among traders who see the ascending triangle pattern forming on the 
charts as a potential launchpad for a breakout toward $255. Related Reading: 
Analyst Says XRP Price Is Set To Hit $4 If It Breaks This Resistance Line 
According to analyst Lark Davis, Solana has been rejected three times at the 
$205 mark, but higher lows and sustained buying pressure suggest that momentum 
is building. “If volume continues to rise into this test, the setup points 
clearly to $255 as the next target,” Davis explained. Trading activity 
supports that outlook, with more than $9 billion in daily volume underscoring 
strong market participation. Technical Indicators Signal Solana Stability 
Market data shows Solana is not yet in overbought territory, with its Relative 
Strength Index (RSI) sitting at 55.63. This gives the cryptocurrency room to 
climb further without triggering immediate selling pressure. The MACD 
indicator has also confirmed a bullish crossover, aligning with the positive 
momentum. On-chain signals strengthen the case for upside. Solana’s trading 
volume is steadily increasing, while its clean rebounds from the ascending 
trendline highlight active buying on every dip. Market analyst Alex Clay 
further pointed out a completed W-bottom pattern on the SOL/BTC chart, 
suggesting Solana may outperform Bitcoin in the short term, just as Ethereum 
recently did. Outlook: Path Toward $255 Breakout For traders, the $205 level 
has become the decisive battleground. A confirmed breakout above it, supported 
by strong volume and sentiment, could propel Solana to the $255 technical 
target. SOL&#8217;s price trends to the upside on the daily chart. Source: SOLUSD on 
Tradingview The broader crypto market backdrop also favors SOL, with 
Ethereum’s rally drawing attention to high-potential altcoins. Analysts 
caution that failure to hold above $205 could delay the move higher, leaving 
Solana stuck in its current consolidation zone. With institutional interest in 
Solana growing and network activity reaching record levels, the token remains 
one of the most closely watched assets in the market. Related Reading: Bitcoin 
MVRV Compression Signals Pause – Market Digests Recent Volatility For now, all 
eyes remain on $205, the resistance level that could define Solana’s next 
major leg upward. Cover image from ChatGPT, SOLUSD chart from Tradingview

Solana Nears $205 Resistance With 8% Daily Surge: Analysts see a $255 Breakout Next

The company has posted $46.7 billion in revenue for the quarter, despite 
restrictive export controls from the US-China trade war.

Nvidia revenue surges 56%, despite zero H20 processor sales to China

Mastercard and Circle have expanded their partnership to enable settlement in 
USDC and EURC stablecoins for acquiring institutions across Eastern Europe, 
the Middle East, and Africa. Adoption by Key Acquirers Mastercard and Circle 
have announced a major expansion of their partnership to enable settlement in 
USDC and EURC stablecoins for acquirers across Eastern Europe, the […]

Cryptocurrency price in IDR