Crypto Industry News & Market Trends

Solana Price Prediction: SOL Eyes $100 After Breaking a Year-Long Downtrend

Solana (SOL) is testing a major breakout zone after clearing its year-long downtrend, with bulls now eyeing a move towards $100, $105, and potentially $115 if momentum holds.　　Solana price is starting to attract attention again as both price structure and broader market positioning begin to improve. According to Brave New Coin, SOL is trading near $92.90, down 0.72% in the last 24 hours, but the bigger story is not the small daily pullback. Solana is now entering a much more important technical decision zone.　　Solana Breaks Out of a One-Year Downtrend　　One of the strongest technical signals on the higher-timeframe chart is the breakout from SOLs year-long descending channel. As highlighted by Team LAMBO, this downtrend started near the $250 region and dragged the price almost 75% lower before the latest breakout attempt.　　Solana breaks above its year-long descending channel, putting the $120–$150 liquidity zone back in focus if momentum holds. Source: Team LAMBO via X　　The chart now shows Solana price pushing above the upper boundary of that falling structure, which is the first sign of positivity. However, the breakout still needs a clean weekly close above the trendline to confirm that this is not just another temporary move above resistance.　　The next major

05-11Industry

Cardano Price Prediction: ADA Tests Breakout Zone as $0.30 Becomes the Key Trigger

Cardano (ADA) is testing a key breakout zone near $0.30 as bulls defend $0.25 support and eye a potential move towards $0.45, $0.60, and $0.70.　　Cardano price prediction analysis is turning more interesting as ADA trades near $0.27 while testing the upper side of its descending channel. According to Brave New Coin data, ADA is down 1.56% in the last 24 hours, but the broader setup remains focused on whether buyers can reclaim the $0.28–$0.30 breakout zone.　　Cardano Price Prediction: $0.30 Breakout Remains the Main Trigger　　The main technical setup comes from the descending channel shown by Sssebi. Cardano price is now pressing against the upper trendline of that structure, with price trading near $0.27 while the breakout confirmation sits closer to $0.30.　　This is important because ADA has been rejected from similar trendline areas before. A clean move above $0.30 would suggest that the market is finally breaking out of the lower-range structure and shifting towards a more constructive trend.　　Until that happens, ADA is still technically inside a recovery attempt rather than a confirmed reversal. The first positive sign is already there, but bulls need follow-through above $0.28 and then $0.30 to make the breakout more reliable.　　Weekly RSI Shows ADA Dominance Is Deeply

05-11Industry

JASMY recovers 3-month losses - Why price reversal risk is rising

JasmyCoin [JASMY] has remained one of the stronger-performing assets in the market, posting a moderate 10% gain at press time, as buying pressure continues to strengthen.　　The latest move carries broader significance because JASMY has now recovered every loss recorded since the 23rd of January, completing a recovery that took roughly three months. The development points to strengthening market confidence and reinforces the broader bullish structure forming around the asset.　　Still, despite the sustained rally, several indicators suggest the market may be approaching an important decision point.　　JASMY faces pressure at key supply zone　　The primary risk to JASMYs ongoing rally comes from its current position within a major supply order block on the chart.　　A supply order block represents a region where concentrated sell orders typically emerge, often slowing momentum or triggering temporary reversals as traders begin to take profit. JASMYs move into this zone has already produced early signs of selling pressure, with a red candlestick forming as sellers reacted near resistance levels.　　Source: TradingView　　Current price action suggests the asset could retrace toward the first support region, where buyers may attempt to regain control and resume the uptrend. If bearish pressure intensifies, price could extend lower toward a secondary support level before finding stronger

05-11Industry

Trump Revives Fort Knox Audit Push, Wants to Knock on the Vault Door

Gold (XAU) Price Performance.　　Treasury Secretary Scott Bessent stated in February 2025 that annual internal verifications confirm every bar is accounted for.　　U.S. Treasury Secretary Scott Bessent insists, “all the gold is there,” dismissing any need to visit Fort Knox or revalue gold reserves in a sovereign wealth fund.　　He assures Americans that annual audits are conducted and invites any member of Congress to see for themselves.　　However, the last public audit involving outside observers occurred in 1974, a gap that has fueled decades of speculation.　　What Comes Next　　Trump did not announce a new inspection, formal audit, or visit timeline. The Department of Government Efficiency (DOGE), which originally floated the idea, has gone quiet.　　A related bill from Representative Thomas Massie also remains stalled in committee.　　“I just introduced HR 3795, the Gold Reserve Transparency Act of 2025, to audit U.S. gold reserves. In February, President Trump said he wanted to go to Fort Knox to ”make sure the gold is there.“ This bill provides the full disclosure President Trump seeks,” Massie stated.　　Renewed attention from the president could nudge gold and safe-haven markets, although no measurable price reaction followed the interview.　　The rhetoric becoming a physical inspection could shape the next chapter of one of Americas longest-running monetary

05-11Industry

Trump Tells Reporters Gas Is Way Down — US Pump Prices Say Otherwise – Bitcoin News

U.S. Prices Are up $1.40 From Last Year　　Trump made the claim during a press exchange this week when reporters asked about his Middle East strategy amid pump prices exceeding $4.50 per gallon. He pushed back, telling reporters that gas prices had fallen “very substantially” that day and were “way down.” However, AAA data shows prices held near elevated levels before a 1-cent easing — well short of any substantial decline.　　The numbers tell a different story. At Trumps January 2025 inauguration, the national average sat near $3.05 to $3.20 per gallon. By late 2025 and early 2026, prices had pulled back to a low of around $2.81 in January 2026. Since then, the trajectory has moved in one direction.　　March 2026 brought a monthly average of $3.64 per gallon. April climbed to roughly $4.10. By early May, prices had crossed $4.45 to $4.58, depending on the source. The most recent week alone added about 25 cents to the national average. Compared to May 2025, when regular averaged $3.14 to $3.26 per gallon, drivers are now paying more than $1.40 extra at the pump.　　The primary driver is the ongoing U.S.-Iran conflict. Military activity tied to Strait of Hormuz tensions disrupted an estimated 20%

05-11Industry

Why Tokenized Gold Trading Crossed $90B in Q1 2026 (And What It Means for DeFi)

Tokenized gold trading volume reached $90.7 billion in Q1 2026 alone, exceeding the $84.6 billion recorded across all of 2025.　　The figure comes from CoinGeckos Q1 2026 RWA Report, which documented tokenized commodities (overwhelmingly gold-backed) growing 289% from $1.43 billion to $5.55 billion in market capitalization over fifteen months.　　The numbers point to a category that crossed an inflection point sometime in late 2025. Tokenized gold is no longer a side experiment in DeFi; its a measurable segment of on-chain activity with volume comparable to mid-cap altcoins.　　This article looks at what drove the surge, how the category breaks down structurally, and what the volume signals for DeFi yield in the rest of 2026.　　What the $90B Number Represents　　The $90.7 billion figure covers Q1 2026 spot trading across PAXG, XAUT, KAU, KAG, Comtech Gold, and other tokenized gold products.　　For context, PAXG ranked fourth on Binance by trading volume in mid-April 2026 at approximately $868 million daily, outpacing Solana over that period.　　The volume excludes RWA perpetual futures, which traded $524.8 billion across all RWA categories in Q1 alone (more than the $313 billion recorded for all of 2025).　　The growth is recent and concentrated: tokenized gold spot volume started accelerating in late 2025 and continued sharply

05-11Industry

Spot Bitcoin ETFs Log 6th Straight Week of Net Inflows for First Time Since August

Notably, last week ended on a sour note, with outflows of $277.50 million on Thursday and $145.65 million on Friday. Monday and Tuesday had led the week strongly, pulling in $532.21 million and $467.35 million respectively, before Wednesdays inflows slowed sharply to $46.33 million ahead of the late-week reversal.　　Markets on edge as jobs data looms: Analyst　　Markets entered Friday cautiously as investors braced for the US April Non-Farm Payrolls report, with consensus estimates pointing to payroll growth of just 62,000, well below the previous reading of 178,000, reinforcing expectations of a cooling labor market, Bitunix analysts wrote in a note shared with Cointelegraph.　　The analysts noted that a stronger-than-expected ADP report of 109,000 jobs earlier in the week complicated the picture, leaving traders uncertain about the true state of employment heading into the release.　　“On the geopolitical front, although the US and Iran have once again exchanged fire around the Strait of Hormuz, both sides continue to leave room for negotiations,” Bitunix wrote, adding that reports suggest the US and Iran may have reached a partial understanding on certain maritime issues.　　In crypto, Bitcoin slipped below $80,000 on Thursday, with liquidation heatmaps showing heavy liquidity clustering around $78,000. A breakdown below that level could

05-11Industry

Solana Price Prediction: SOL Eyes $100 After Breaking a Year-Long Downtrend

05-11Industry

Court Lets Arbitrum DAO Transfer $71M in ETH Tied to North Korea Hack to Aave

The decision came after Arbitrum delegates showed strong support for the move through an off-chain Snapshot vote as part of Aave‘s broader recovery plan following last month’s North Korea-linked rsETH exploit. Any actual transfer still requires a separate binding onchain governance vote.　　Aave asks court to lift freeze on funds　　Last week, Aave filed an emergency motion in a New York court seeking to vacate a restraining notice that had blocked Arbitrum DAO from transferring the funds to victims of the Kelp DAO exploit. The notice was served by Gerstein Harrow LLP, which represents families holding $877 million in unpaid terrorism judgments against North Korea and claims the funds belong to its clients because North Korean hackers stole them during the April 18 hack.　　Aave pushed back hard, arguing that a thief doesnt gain lawful ownership of stolen property and that attributing the hack to North Korea relies on little more than internet speculation. It also warned that if the court upholds the restraining notice, it could deter future DeFi recovery efforts and give bad actors a roadmap to exploit legal uncertainty following hacks.　　Gerstein Harrow has previously pursued similar claims. In January, they sued Railgun DAO, alleging the privacy protocol was used to

05-11Industry

Elvis Presley Charts A New Top 10 Album In America

Several weeks ago, Elvis Presley debuted a new album on a number of charts. The set, titled , accompanied a movie of the same name directed by Baz Luhrmann. The Australian filmmaker spent years working with Presleys estate to finally bring his life story to the big screen in what turned out to be the Oscar-nominated, Austin Butler-starring .　　Several years later, Luhrmann utilized never-before-seen performance footage to create something of a documentary and something of a performance film, , which was paired with the soundtrack of the same name. That project was recently released on vinyl, and sales jumped dramatically from one frame to the next. debuts on one tally, earning Presley another posthumous top 10, and returns to several other lists at the same time.　　Debuts Inside the Top 10　　This week, launches on just one tally in America. The Vinyl Albums chart looks only at the bestselling releases, regardless of genre, that are available on wax, and the roster has become more competitive in the past several years after the format turned around and became popular once more. debuts at No. 8 this frame.　　Elvis Presleys Hit No. 1　　Presley earns his seventh appearance on the Vinyl Albums chart as launches, and

05-11Industry

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