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Kraken acquired Magna to expand token vesting and lifecycle services across its crypto ecosystem.

Magna reached $60B peak TVL in 2025 showing strong demand for token management tools.

Payward filed for an IPO as Kraken strengthens infrastructure and boosts revenue growth.

Kraken’s parent company, Payward, has acquired token management platform Magna, expanding its infrastructure ahead of a planned public listing. The deal strengthens Kraken’s push into token lifecycle services as competition intensifies across exchanges. The acquisition also adds another strategic asset to a year marked by steady expansion. Moreover, it reflects a broader shift toward integrating token infrastructure within trading platforms.

https://twitter.com/CryptoPatel/status/2024204773189173734?s=20

Magna reached a peak total value locked of $60 billion in 2025. The platform serves more than 160 clients managing complex token ecosystems. It supports token vesting, airdrops, and distribution tracking across multiple blockchains. Additionally, it offers both onchain and offchain operational tools.

Kraken will allow Magna to operate as a standalone platform within its ecosystem. The exchange will however incorporate Magna infrastructure into its wider product portfolio. The company is interested in making fundraising, token distribution, custody, and staking processes smoother. Consequently, Kraken enhances its position beyond mere spot trading.

Expanding Token Infrastructure Capabilities

Magna launched in 2021 to simplify token management for crypto-native teams. Since then, it has built tools for white-label token claims and escrow workflows. It also provides specialized staking functionality and distribution monitoring. These features support projects managing billions in active tokens.

Kraken plans to use Magna’s infrastructure to unify token lifecycle management across chains. The integration connects vesting schedules, liquidity, and custody under one operational layer. Consequently, the exchange deepens its engagement with builders and early-stage projects. This approach aligns with rising demand for structured token operations.

The token platform sector has attracted increased investment this year. Anchorage Digital acquired Hedgey to expand token allocation services. Coinbase also purchased Liquifi to enhance distribution and compliance workflows. Therefore, Kraken’s acquisition fits within a wider industry consolidation trend.

Acquisition Strategy and Financial Growth

The Magna purchase marks Kraken’s sixth acquisition within the past year. Earlier in 2025, Payward acquired prop trading firm Breakout. It also completed the $1.5 billion purchase of futures platform NinjaTrader. Furthermore, it added derivatives venue Small Exchange and software firm Capitalise.

Payward reported $2.2 billion in adjusted revenue for 2025. That figure represents a 33% increase compared to 2024. The company linked revenue growth to its recent acquisitions and product expansion. Meanwhile, the launch of the Krak app contributed to broader user engagement.

Magna was valued at $70 million in its last funding round. However, financial terms of the Kraken deal remain undisclosed. Even so, the acquisition signals continued capital deployment into infrastructure assets.

IPO Filing and Broader Market Context

Payward confidentially filed for an initial public offering with the US Securities and Exchange Commission in November. The filing indicates preparation for a future public listing. At the same time, Kraken integrated with ICE Chat and backed initiatives tied to US political accounts.

Other crypto firms are also considering US listings. Ledger has explored a potential public offering at a reported $4 billion valuation. Ledger revealed plans for a US IPO last year so as to attract more investors and grow its presence in New York. Copper and Securitize have also reviewed similar market moves. Notably, Securitize reported revenue growth above 840% in a recent SEC filing.

Kraken’s acquisition of Magna positions the exchange to offer services from token creation to staking and custody. The move strengthens its ecosystem while preparing for broader capital markets participation.

APIA, Samoa, Feb. 19, 2026 /PRNewswire/ -- Phemex, a user-first crypto exchange, today announced the launch of its AI-Native Revolution, initiating a company-wide transformation that embeds artificial intelligence into the core of its operating model, product philosophy, and long-term strategic direction.

Rather than introducing AI as a standalone feature, Phemex is restructuring itself around intelligent systems. Artificial intelligence will serve as a foundational layer across management, operations, product development, and strategic planning — shaping how decisions are made, how products are built, and how value is delivered to users.

The strategy reflects a broader structural shift within the digital asset industry. As AI reduces information asymmetry and automates complex market analysis, competitive advantage is increasingly defined by how effectively platforms integrate machine intelligence into execution frameworks and user experience. In this environment, AI is no longer an optional infrastructure, it is becoming the core engine of modern financial systems.

Internally, Phemex is redesigning workflows to embed AI-driven processes that streamline operations and accelerate product iteration. Teams are being equipped to work alongside intelligent systems, shifting focus from repetitive execution to higher-level problem-solving and innovation. The transformation also includes expanding AI capabilities across the organization through talent development and strategic recruitment, ensuring that intelligence is deeply integrated into both technology and culture.

Beyond operational restructuring, Phemex is progressively integrating AI into its platform architecture. Future product initiatives will reflect this AI-native foundation, reinforcing the company's commitment to building a more intelligent trading environment.

Federico Variola, CEO of Phemex, commented: "The AI revolution is not a trend, it is a structural turning point for our industry. For users, this means more adaptive tools, more efficient execution, and a trading environment that evolves with market complexity. For Phemex, it means rethinking about how we operate at every level, replacing static processes with intelligent systems that enhance speed, precision, and scalability. And for the industry, it signals a shift from feature-driven competition to infrastructure-driven evolution. Exchanges will no longer compete solely on listings or fees, but on how intelligently they integrate technology into their core architecture."

With this revolution, Phemex positions itself to evolve from a technology-enabled exchange into a fully AI-native organization, placing intelligence at the center of its growth, innovation, and long-term industry contribution.

About Phemex

Founded in 2019, Phemex is a user-first crypto exchange trusted by over 10 million traders worldwide. The platform offers spot and derivatives trading, copy trading, and wealth management products designed to prioritize user experience, transparency, and innovation. With a forward-thinking approach and a commitment to user empowerment, Phemex delivers reliable tools, inclusive access, and evolving opportunities for traders at every level to grow and succeed.

For more information, users can visit: https://phemex.com/

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World Liberty Financial launches tokenized real estate tied to Maldives resort loan revenue streams.

The offering targets accredited investors under Regulation D and Regulation S exemptions.

The tokenized securities market reached $963 million as real world asset adoption accelerates.

World Liberty Financial has introduced an institutional real-world asset product tied to Trump International Hotel & Resort in the Maldives. The offering centers on tokenized loan revenue interests linked to the luxury resort. The company developed the product with Securitize and DarGlobal PLC. It targets accredited and eligible investors under securities exemptions.

https://twitter.com/Cointelegraph/status/2024265335721889893?s=20

The structure provides fixed returns and exposure to loan-related income from the resort. Investors will receive distributions from interest payments through a digital token. However, holders will not own the property directly. Instead, they gain economic exposure to the asset’s performance.

The company structured the offering under Regulation D and Regulation S frameworks. Therefore, it will not register the tokens for public sale in the United States. The product will rely on approved exemptions for distribution. Moreover, the branding operates under a licensing agreement, as The Trump Organization does not issue or promote the tokens.

Institutional Focus and Regulatory Structure

World Liberty Financial designed the product for institutional-grade participation. The company aims to align tokenized real estate with existing securities rules. As a result, the structure emphasizes compliance and investor eligibility standards. Securitize will support issuance and regulatory processes.

DarGlobal PLC contributes expertise in luxury real estate development. Together, the partners aim to improve liquidity in private real estate markets. Additionally, the token may receive support across multiple public blockchains over time. Where permitted, holders could use the token as collateral on the WLFI Markets platform.

This launch marks the first reported real-world asset product since the firm outlined plans in December to enter the RWA sector in 2026. Consequently, the Maldives project serves as an early execution step within that strategy.

Broader Digital Finance Expansion

The announcement coincided with the World Liberty Forum at Mar-a-Lago in Florida. The private gathering brought together executives from Goldman Sachs, Nasdaq, and Franklin Templeton. Participants discussed digital assets, stablecoins, artificial intelligence, and monetary policy.

On the same day, the company revealed a partnership with Apex Group. The agreement will pilot the USD1 stablecoin for tokenized fund settlements. This move integrates blockchain-based payments into traditional fund administration processes. Additionally, World Liberty Financial recently entered a strategic partnership with Spacecoin to extend decentralized finance beyond traditional infrastructure.

Meanwhile, World Liberty Financial’s WLFI token has declined more than 50% since trading began last year. The new product enters a market that has erased significant crypto gains. However, the firm continues expanding into institutional digital finance despite volatility.

Market Context and Tokenization Trends

Tokenization converts assets or revenue streams into transferable digital tokens. Ownership rights or income flows attach to those tokens. Transfers occur through crypto wallets, which allow faster settlement.

Real estate has moved on-chain at a slower pace than other asset classes. According to rwa.xyz, only 57 properties worth $356 million have been tokenized. Still, tokenized securities have grown sharply. A recent report shows tokenized stocks reached about $963 million in January 2026. That figure reflects a year-over-year increase of nearly 2,878% from $32 million.

World Liberty Financial now positions real estate loan revenue as its entry point into this expanding segment.

Biggest liquidity driver ever approaches.

The crypto market could bottom soon. 

The price of BTC could dip just under $50,000.

The crypto market continues to face several challenges as the prices of several promising crypto assets fall to lower prices. Over the past few weeks and months, seasoned traders and analysts have been locked in a debate arguing bullish versus bearish outcomes for the crypto market. Most recently, one popular trader and analyst declared that the crypto market will bottom soon as the biggest liquidity driver ever approaches.

Biggest Liquidity Driver Ever Approaches

The prices of Bitcoin and Ethereum, the pioneer crypto and altcoin assets, respectively, have been falling steadily since Q4 of 2026, after BTC set its current ATH price in the $126,000 price range. Since the price of ETH failed to break past the $5,000 and only set a new ATH in the $4,900 price range, analysts have been growing increasingly skeptical of altseason playing out this cycle.

https://twitter.com/cryptorover/status/2023082136220180580

While that stands as the bear market view, the 5-year supercycle expectation has drawn the attention of bullish analysts, leading many seasoned traders to look forward to crypto prices bottoming in the coming days or weeks ahead. As we can see from the post above, this expert and crypto enthusiast believes that the crypto market will bottom soon, leading to the arrival of the biggest liquidity driver ever. 

The post continues to state that while many expect the $60,000 price range to be the final bottom, the price of BTC will likely dip one final time, marking the actual bottom. The post explores what must occur for this real bottom to form. He first highlights how every major crypto bottom in history has happened when U.S. liquidity starts expanding again, and how the opposite is happening at the moment.

Next, he talks about YoY liquidity growth in the U.S. still being in the negative, which means money is being drained out of the system, not added. When liquidity falls, crypto sells off first, then stocks, meaning risk assets stay weak. This is what’s happening at the moment and the liquidity being provided by the Fed is simply not enough compared to what markets need to turn bullish again. 

Crypto Market Expected to Bottom Soon

The detailed post then goes on to explain the Mayer Multiple, which is also not at bottom levels yet, as well as long-term holder realized prices, mining electrical costs, technical and institutional demand zone, and much more to explain why this cycle has not been playing out like previous cycles. Finally, the post focuses on when the bottom will form. He then explores the bottom psychology and explains why liquidity jas not turned positive yet.

BTC price could pump exponentially over the next 9 months. 

Expert breaks down the possibility of altseason and memecoin season to follow. 

Analyst predicts 3-5 months of accumulation before the breakout.

As the days go by, the crypto community grows more and more anxious about what to expect next. While some are determined to see a bearish market and have taken the steps to protect their assets, others are eager to see crypto market prices recover and hit much higher ATH prices in the coming months. One crypto expert says BTC price could pump exponentially over the next 9 months, and explains the possibility. 

BTC Price Could Pump Exponentially Over the Next 9 Months 

As experts debate over the bearish versus bullish outcomes for the majority of this year, several experts have joined the conversation, weighing in with their observations, opinions, and predictions. So far, a good chunk of the crypto community is leaning toward bearish expectations, believing the price of BTC will fall as far as the $40,000 price range by the end of this year. 

In contrast, bullish analysts believe a 5-year bull cycle is unfolding, meaning a promising crypto market recovery could play out, propelling crypto prices to a much higher price target, possibly allowing them to set new ATH targets. The potential for a parabolic price surge is strong as some even expect BTC to hit a new ATH of $250,000 this year. One analyst goes on to explain the possibility. 

https://twitter.com/0xAralez/status/2023431032473530808

As we can see from the post above, this expert goes on to state that the next 9 months will practically be a money printer for those holding the pioneer crypto asset, Bitcoin (BTC). He then marks how BTC has reached a key accumulation zone where the market will likely set a bottom soon. However, a quick growth in price is unlikely. Instead, the post expresses a 3-5 month accumulation phase before a strong breakout can occur. 

Expert Breaks Down the Possibility

In fact, the post concludes that the bull phase will end when this parabolic breakout occurs, leading to a new ATH price, likely in the $130,000 price range. Despite this claim, the post says that after breaking the $126,000 price range, BTC could set a new ATH at the $250,000 price range, if not higher. Following this, ETH and other high-cap altcoins are set to take after Bitcoin’s bullish lead.

The post ends with a shoutout for both an altseason and a memcoin season to revive and shoot into exponential bull pumps, possibly pulling 100x pumps, leading to unbelievable price growth in a short period of days. The expert encourages the community to accumulate and hold, allowing this simple strategy to build momentum, before the inevitable take off can bring in huge gains.

Crypto expert predicts retail return this year.

This move is expected once BTC pulls a pump of over 50%.

The price of BTC is expected to recover and hit a new ATH price soon.

The crypto market continues to see the prices of promising crypto assets trading at significantly lower prices than where they were trading at the start of Q4 2025. Despite the significantly lower prices, expectations for a new BTC ATH and for a phenomenal altseason pump to arrive remain strong. One crypto expert predicts retail return following a BTC pump of over 50% this year. 

Crypto Expert Predicts Retail Return

The crypto community is currently locked in a heated debate over bullish versus bearish expectations for the coming weeks and months. Presently, the greatest narratives are those of calls for the official start to the bear market, which will pull the price of BTC down to the $40,000 - $50,000 price range, allowing BTC to either set a bottom or dip even lower to targets that will determine the thick of the bear market. 

In contrast, others believe a 5-year supercycle pattern will play out, a scenario that points to the current market dip as a deep correction phase, giving assets the chance to set new local bottom targets, before allowing these assets to surge up and reclaim their previous ATH prices, before going up to set new ATH records at much more impressive targets. We could see BTC hit $250,000 ATH during the coming months. 

https://twitter.com/cryptofergani/status/2023517396271591934

As we can see from the post above, this popular crypto analyst, trader, and expert goes on to explain the current crypto market. He starts by explaining how retail investors lost a lot in 2021 and 2025, when they bought newar peak prices and then panic-sold. Still wounded by this act, many believe retail will not return. The post above says otherwise and sheds light on the increased BTC accumulation moves by whales and institutions instead. 

BTC Could See a Price Pump of Over 50% This Year

He says this will eventually lead to a parabolic price pump for BTC. That is, once institutions and whales have finished loading their BTC vaults, the accumulation will come to an end, leading to an explosive BTC price pump. This is when retail will return immediately. But the post says that there is something even more exciting to follow through, and that is bullish pump activity of promising altcoins. 

The post then highlights the OTHERS/BTC price chart and says that it is likely that altcoins will go on to outperform Bitcoin, sooner than most expect. With almost 5 years of a suppressed business cycle, expansion is inevitable, and the prices of BTC and altcoins are therefore set to explode. He finishes by stating that now is a good time to accumulate, when risk is low and fear is high. 

Bear Trap Phase: SHIB’s pullback tests investors while setting up potential accumulation and breakout.

Market History: Crash and retrace phases preceded accumulation, signaling possible major price movement ahead.

Rally Potential: Analysts predict SHIB could surge over 2,200% once the accumulation phase concludes.

Shiba Inu has entered a tricky phase that tests investor patience. Analysts call this stage a “bear trap,” a period where prices pull back before potential breakouts. Historically, bear traps occur during accumulation periods and often precede big upward moves. SHIB’s recent price movements suggest traders could be setting the stage for a massive rally. While timing remains uncertain, this phase has captured attention across crypto communities.

https://twitter.com/i/status/2022766698814910567 Bear Trap Phase Signals Potential Upside

Market experts describe the bear trap as a phase designed to confuse bearish investors. According to Vuori Trading, this stage represents “pure manipulation” on X, aimed at keeping pessimists cautious. The pullback allows long-term holders to accumulate while setting up the market for expansion. Historically, bear traps appear at the end of accumulation cycles, following crash and retrace phases.

SHIB experienced a dramatic crash after reaching an all-time high of $0.0000885 in 2021. Prices fell over 90% to $0.0000079 by June 2022. The retrace that followed offered short-lived rebounds, with SHIB touching $0.0000456 in March 2024 and $0.0000334 in December 2024. The current accumulation phase began after a slow correction to around $0.0000060. Analysts suggest this phase may be nearing completion, signaling a possible surge ahead.

The accumulation stage is critical for long-term investors. During this phase, SHIB slowly gains stability while preparing for the next major price move. Traders monitor these signals closely, watching for signs that accumulation may end. While uncertainty remains, the setup has generated excitement among traders anticipating a potential breakout.

Three Market Phases and a Huge Rally Potential

Shiba Inu’s market behavior follows three main phases: crash, retrace, and expansion. Vuori Trading predicts that once accumulation concludes, SHIB could experience a massive surge. The analyst forecasts a potential rise to $0.00014, representing over a 2,200% gain from current levels. At present, SHIB trades near $0.000006145, showing minor gains in the last 24 hours.

Investors should remember that forecasts are not guarantees. Market dynamics, sentiment shifts, and capital allocation decisions could affect outcomes. Meme coins often move unpredictably, making timing crucial. Despite these risks, the bear trap and ongoing accumulation phase suggest significant potential. Traders and analysts remain alert for breakout signals, anticipating the next upward movement.

Shiba Inu’s bear trap phase has drawn attention due to its history and potential gains. The combination of accumulation and market structure creates a setup for possible explosive growth. While caution is warranted, the current environment indicates that SHIB could surprise investors. Traders watching price action and market signals may find opportunities to benefit from the next move.

XRP faced strong rejection at $1.65 Fibonacci resistance level.

Analysts eye potential double bottom forming near $1.11 support.

Reclaiming $1.65 could signal renewed bullish momentum.

Ripple's XRP has hit a major wall, and traders felt the shift almost immediately. Over the weekend, price climbed into the $1.65 zone, which marked the macro .618 Fibonacci retracement. That level had already been mapped as strong resistance, and the chart respected that expectation. Sellers stepped in with conviction. Now price trades below $1.53, and momentum looks fragile. Bulls face a serious test as the next move could define the broader trend.

https://twitter.com/CasiTrades/status/2023409878748827693 Rejection Signals Fading Momentum

XRP pushed directly into the $1.65 macro .618 retracement, and that area capped the recent relief rally labeled W4. The rejection was firm and decisive. Price failed to hold above resistance, and sellers quickly regained control. A break below $1.53 signals weakening buying pressure and suggests that short term strength may have already peaked.

The earlier selloff still influences current structure. That decline showed strong conviction from bears, which makes an immediate pivot into macro W3 unlikely. Markets often require one final pullback to fully exhaust sellers before a sustained rally begins. Without that reset, upside attempts tend to lose traction quickly. On lower time frames, structure now aligns with a potential double bottom near $1.11.

That level previously attracted demand, and traders will watch closely if price revisits the zone. A strong reaction there could form a solid base. However, deeper support near $0.90 remains possible if selling pressure accelerates. What matters most is how price behaves at the next low. A confirmed reversal requires clear bullish divergence and a visible shift in momentum.

Can Regulation Spark the Next Rally?

Analyst CasiTrades highlights the rejection at $1.65 as a sign of fading strength. She emphasizes the need for improving momentum before confidence returns. Meanwhile, Ali Martinez points to a weekly gravestone doji pattern on the chart. In past cycles, that pattern preceded a 46 percent decline. While history does not guarantee repetition, traders respect recurring signals, especially during fragile conditions.

Technical weakness dominates the short term outlook, but regulatory developments could shift sentiment quickly. The CLARITY Act remains a major focus for the market. If progress emerges in April, perception around XRP could change significantly. Regulatory clarity often increases institutional confidence and reduces uncertainty. A decisive reclaim of $1.65 would provide the first real sign of renewed strength. Sustained stability above that level would confirm buyer commitment and challenge the current bearish structure.

Such a move could trigger a relief rally driven by improved sentiment. Stronger participation could follow if broader confidence returns. Longer term prospects depend on consistent adoption and clearer digital asset frameworks. If regulation supports growth, XRP could build steady upside momentum into 2026. For now, price stands at a critical crossroads.

Extended drawdowns have historically preceded selective altcoin recoveries rather than immediate broad rallies.

Structural consolidation and reduced volatility often signal seller exhaustion across quality assets.

Early recovery phases typically favor assets with liquidity, visibility, and sustained market interest.

After a prolonged four-month drawdown, the broader altcoin market is showing structural similarities to previous late-cycle pauses.Historical market data suggests extended consolidations often precede renewed upside when selling pressure becomes exhausted.

Across multiple cycles, deep corrections have typically reset momentum, weakened speculative leverage, and rebuilt long-term support zones. The current price action is indicating the same trend where volatility is narrowing and downside responses seem to be becoming more and more constrained.

Instead of broad-based rallies, earlier recovery periods have been biased towards few assets that have high liquidity, narrative presence, and continued activity. Some altcoins currently showcase such characteristics, which will allow them to recover within the next few months in case the situation in the market stabilizes. The five coins listed below are examples of altcoins that have been attracting attention as the market tries to move out of an extended period of weakness into a new growth cycle. 

Cardano (ADA): A Remarkable and Structured Base Formation

Cardano has remained locked within a wide consolidation range following months of steady distribution. Price behavior shows a methodical compression pattern, often associated with large-scale accumulation phases.

On-chain metrics indicate consistent network participation, despite reduced speculative activity during the drawdown.  Historically, similar periods of suppressed volatility have preceded measured trend reversals rather than sudden spikes.

Chainlink (LINK): An Outstanding Infrastructure Asset Regaining Stability

Chainlink’s price structure reflects a controlled retracement rather than disorderly capitulation. Support reactions have remained technically intact, even as broader market sentiment weakened.

LINK has previously responded strongly once downside momentum slowed across the altcoin market. Its positioning suggests potential alignment with any broader recovery in demand for decentralized infrastructure.

TROLL: A Phenomenal Meme Asset Showing Early Base Signals

TROLL has experienced an aggressive correction, erasing prior speculative excess.Recent trading sessions show narrowing ranges and reduced sell pressure.

Historically, meme assets forming extended bases after sharp declines have produced asymmetric rebounds.Volume trends suggest stabilization rather than renewed distribution at current levels.

Mog Coin (MOG): An Innovative and Dynamic Recovery Candidate

MOG’s drawdown phase has been marked by declining volatility and increasingly shallow pullbacks.  Such conditions often reflect exhaustion among short-term sellers.

Past market cycles indicate that meme assets with persistent community engagement can recover sharply after prolonged cooling periods. MOG’s structure mirrors several earlier recovery setups seen during prior altcoin cycles.

Gigachad (GIGA): A High-Yield Structure Emerging From Compression

GIGA has transitioned into a tight consolidation following a steep retracement.  Price action suggests that an equilibrium between buyers and sellers is gradually forming.

Assets that enter these compression phases often experience volatility expansion once directional bias returns. GIGA’s setup reflects those historical characteristics without displaying excessive speculation.

Total3 structure mirrors previous setups that preceded 30%–40% altcoin market expansions.

Assets showing consolidation rather than breakdowns are gaining analytical focus.

Liquidity stability and reduced leverage appear critical in early recovery phases.

The broader altcoin market is showing structural similarities to prior recovery phases, according to Total 3 data tracking crypto market capitalization excluding Bitcoin and Ethereum. Historical patterns suggest extended consolidation often precedes sharp upside rotations. Current positioning shows compressed volatility, fading downside momentum, and improving market breadth. Analysts note these conditions previously aligned with 30%–40% Total3 expansion phases. 

While timing remains uncertain, several altcoins are now displaying setups that align with these historical rhythms. The focus has shifted toward assets showing relative strength, network activity stability, and liquidity resilience during drawdowns. This environment has placed select large-cap and mid-cap altcoins under closer observation as the market prepares for its next directional move.

Solana (SOL): Exceptional Network Stability Amid Market Compression

Solana is still remarkably resilient after the previous expansion cycle. The network throughput is high, and the transaction costs are also low compared to the peers. The price action has been a consolidative one which has not been corrective but considered structurally constructive. According to market data, selling pressure is alleviated, and strong inflows of aggressive speculation will not come back. Such a balance makes Solana shine when Total3 is able to confirm a breakout phase.

Pippin (PIPPIN): Dynamic Liquidity Behavior in a High-Risk Segment

Pippin represents a smaller-cap asset drawing attention due to changing liquidity dynamics. Volatility remains elevated, yet drawdowns have shortened over recent weeks. On-chain activity indicates improving holder distribution, reducing immediate downside risks. Such behavior has historically preceded sharp countertrend rallies during broader altcoin expansions.

Bittensor (TAO): Groundbreaking Fundamentals in a Tight Range

Bittensor has traded within a narrow range despite wider market weakness. Its decentralized AI infrastructure continues expanding validator participation. This stability suggests reduced speculative leverage compared to prior cycles. If capital rotates into utility-driven narratives, TAO may benefit from renewed attention.

Pudgy Penguins (PENGU): Innovative NFT Exposure With Market Adaptation

Pudgy Penguins reflects a broader shift in NFT-linked assets toward sustainability. Trading volumes have normalized after excess speculation faded. Community engagement metrics remain consistent, limiting abrupt valuation swings. These traits often align with early-stage recovery periods.

Zcash (ZEC): Unmatched Privacy Narrative in a Changing Market

Zcash continues to trade at historically compressed valuations. Development activity remains steady despite reduced market attention. Privacy-focused assets have previously lagged before accelerating sharply during altcoin rotations. This positioning keeps ZEC on watchlists as Total3 trends higher.

Multiple altcoins are consolidating at historically proven support zones amid peak pessimism.

Declining volume and reduced volatility suggest selling pressure may be weakening.

Recovery scenarios remain conditional, with structure favored over momentum signals.

Market panic across altcoins has intensified as prices revisit long-tested support levels. Historical behavior shows such conditions often emerge after extended distribution phases, not during euphoric peaks. Capital rotation has slowed, sentiment readings remain deeply pessimistic, and volatility compression has increased. These conditions have previously aligned with early recovery stages in several market cycles. While no outcome is guaranteed, structural similarities across multiple charts are being closely monitored. Five altcoins now sit at technically significant zones where downside momentum has weakened, and risk-reward dynamics appear more balanced than earlier months.

Toshi (TOSHI): Exceptional and Dynamic Support Retest

Toshi has returned to a demand region that previously absorbed sustained sell pressure. Volume has declined during recent pullbacks, suggesting exhaustion rather than acceleration. Price behavior around this level has remained stable despite broader market weakness. Historically, such stabilization has preceded measured recoveries rather than immediate reversals. The structure reflects an exceptional but cautious setup rather than speculative momentum.

Aster (ASTER): Outstanding Base Formation

Aster is consolidating above a long-term base that held through prior volatility events. Market data shows reduced liquidation activity near current levels. The token’s price range has tightened, reflecting equilibrium between buyers and sellers. This outstanding technical posture places emphasis on patience rather than aggressive positioning.

Qubic (QUBIC): Groundbreaking Compression Phase

The trading range of Qubic is also at a historically tight range after an extended drawdown. Directional expansions which happened afterward as volume returned occurred due to similar compression phases. Momentum signals are not high, although follow-through has been restricted to the downside. This revolutionary structure is some indication that market players are waiting to have wider confirmation.

Ethena (ENA): Remarkable Structural Defense

Ethena has defended a multi-month support band despite repeated tests. Selling pressure has weakened with each retest, a pattern often associated with seller fatigue. Liquidity conditions have remained consistent, avoiding sharp breakdowns. The setup appears remarkable for its resilience rather than speed.

BNB: Phenomenal Stability at Macro Support

BNB continues to hold a macro-level support zone established during earlier market cycles. Volatility has remained comparatively low, reflecting institutional-style positioning. Price reactions near this level have been controlled, not reactive. This phenomenal stability positions BNB as a structural benchmark rather than a speculative outlier.

Historical crypto recoveries often followed long consolidation rather than sudden reversals.

Established networks tended to recover earlier than speculative assets.

Market resets historically rewarded patience over short-term positioning.

Cryptocurrency markets seem disorderly but, according to history, resets tend to be unannounced, day by day. In the past, during the recessions, the recessions were met by orderly recoveries as opposed to being burst by explosions. Existing market structure displays the same traits, such as condensed volatility, deteriorating momentum indicators, and repetitive protection of long-term support areas.

These circumstances were followed by significant recoveries in various established altcoins in previous cycles. Although it is impossible to predict the outcome, previous performance gives some background on which assets are likely to recover first. The focus has now moved on to networks having long-term growth, regular on-chain activity, and can survive multiple market resets. In the current context, there are five altcoins that shine due to past cycle trends and the current stance.

Hedera (HBAR): Exceptional Network Stability After Extended Compression

Hedera has historically shown resilience during prolonged market slowdowns. Price action has often flattened before recovery phases began. This structure previously preceded outstanding percentage rebounds once broader sentiment improved. Network usage metrics remained comparatively stable during prior downturns. Such stability supported recoveries exceeding 100% in earlier cycles. Current conditions reflect a similar compressed trading range.

Litecoin (LTC): Remarkable Historical Rebounds From Market Exhaustion

Litecoin has repeatedly served as a recovery asset during late-cycle resets. Extended declines were followed by sharp, yet orderly, reversals. Past recoveries often reached the upper end of the 150% range. Its long operational history contributed to renewed interest after periods of neglect. Current market positioning resembles earlier exhaustion zones.

Polkadot (DOT): Groundbreaking Structure Following Long Accumulation Phases

Polkadot previously experienced deep drawdowns followed by gradual base formation. These bases often preceded notable trend reversals. Recoveries above 100% occurred once accumulation phases matured. Development activity remained elevated during prior market stress periods. Similar accumulation signals are now being observed again.

SUI (SUI): Innovative Recovery Patterns After Early Volatility Cycles

SUI’s shorter trading history still shows defined recovery structures. Early cycles displayed sharp corrections followed by structured rebounds. These rebounds reached triple-digit percentages once selling pressure declined. Current price behavior reflects reduced volatility compared with earlier phases. This shift often appeared before stabilization in past examples.

Stellar (XLM): Unmatched Consistency During Late-Cycle Market Resets

Stellar historically demonstrated consistent recovery behavior during market resets. Long consolidation phases preceded steady upward re-pricing. Past recoveries frequently exceeded 80% without excessive volatility. Network relevance remained intact during prolonged downturns. Present trading ranges align with previous recovery setups.

XRP is trading in a narrow band of between $1.45 and $1.61 after falling by 7.0 per cent in a single day.

XRP was up 5.1 percent versus Bitcoin and traded at 0.00002174 BTC even though the USD pair was weak.

EGRAG CRYPTO emphasizes that it is a Bitcoin fractal comparison, which is similar in structure yet anticipates different time.

The price action of XRP became consolidated at a significant area of support on the weekly chart where the price stood at $1.50 with a 7% decline. In the meantime, XRP has a price of 0.00002174 BTC, which represents a gain of 5.1 percent compared to Bitcoin. The existing 24 hour range lies between the $1.45 and $1.61 resistance and support respectively. This structure puts the price within a restricted band with the traders evaluating the upcoming movement.

XRP Holds $1.45 Support as Weekly Channel Narrows

On the weekly basis, XRP is still moving in a downward channel. Price came near the bottom of that building a while ago. It is worth noting that the $1.45 price has become instant support. In the meantime, the closest resistance in the 24-hour range is the value of $1.61.

The graph indicates there have been recurrent rejections close to the top trendline in the previous swings. The recent candles are however nearer to the lower end of the channel. Because of this, the market players are keeping an eye on the support. The existing structure holds XRP in a tight range between established technical levels.

XRP Gains 5.1% Against Bitcoin Despite 24-Hour USD Decline

While the dollar pair declined over 24 hours, XRP gained 5.1% against Bitcoin. The XRP/BTC rate stands at 0.00002174 BTC. This is another twist to short-term positioning. Nevertheless, the two couples are kept within well-established limits.

The comparative capacity to withstand Bitcoin is opposite to the loss in dollar terms on a daily basis. As a result of this, traders follow both pairs to determine short term momentum. The price action around 1.45 and 1.61 will continue to feature in the immediate direction.

XRP Structure to Bitcoin Fractal With Timing Variance

Market analyst EGRAG CRYPTO referenced a fractal comparison between XRP and Bitcoin. According to the analyst, the pattern shows structural similarities but may unfold under different timing conditions.

https://twitter.com/UniverseTwenty/status/2023290367073017941?s=20

The shared chart highlights a prior Bitcoin structure and aligns it with XRP’s current formation. The analyst described fractals as predictive when effective, yet unreliable at times. Furthermore, the commentary states that the current pattern suggests proximity to a critical phase. The visual comparison places XRP near what the analyst labeled a bottom zone. Meanwhile, the Bitcoin example shows a subsequent upward expansion. However, the analyst emphasized timing differences between the two assets.

PEPE is traded at a decrease of 6.4% in the last 24 hours at $0.054502 and above the support at $0.054351.

The 4H chart indicates that there is a breakout above the last swing high and then the controlled pullback.

The point of resistance is at $0.054808, though the $0.00000375-$00000390 order block is also a significant structural support.

Pepe (PEPE) is being traded at $0.054502 following a decrease of 6.4 in the last 24 hrs. It is worth noticing that price has become slightly above immediate support at $0.054351. The range is also very narrow with a range of 0.054351-0.054808. Nevertheless, the 4-hour trend demonstrates a more recent structural change. Price closed above the last visible swing high before pulling back. That move introduced a potential bullish transition within the current range.

4H Structure Shows Break Above Prior Swing High

The 4-hour chart shows that there was a drastic vertical climb out of the identified order block zone. The price has been aggressive and then established a temporary top of around $0.00000500. Later on, candles reversed back to the general area of mid-range of about $0.000004463. This pullback was after a number of good bullish candles that had long bodies.

https://twitter.com/CryptoPulse_CRU/status/2023276208582996382?s=20

Notably, an order block is indicated in the chart as between $0.00000375 and $0.00000390. That area coincides with the foot of impulsive breakout. Therefore, traders now monitor that region for potential renewed bids. Meanwhile, the latest candles show smaller bodies, reflecting reduced volatility after the spike.

Key Levels Define Intraday Range

Current spot price at $0.054502 sits marginally above support at $0.054351. However, resistance at $0.054808 caps immediate upside attempts. The narrow difference between support and resistance highlights compression.

In addition, the earlier rally established a previous swing high near 0.00000500 on the 4-hour chart. That level now acts as a reference for upside continuation. Conversely, failure to defend $0.054351 exposes lower intraday liquidity. The order block below remains the deeper structural support on the chart.

Bullish and Bearish Scenarios for Today

Provided the price remains above $0.054351, buyers can make another attempt to push towards $0.054808. A continuous pull above $0.054808 would create space to the previous 4-hour swing high of 0.00000500. That is the next visible upside objective level.

Nevertheless, a drop lower than $0.054351 would refocus the attention. Then price may go as far as the 0.00000390 zone indicated as the order block. Further weakness can now probe 0.00000375 on the same demand zone. Meanwhile, PEPE trades at 0.0106535 BTC, up 4.0% against Bitcoin. It also trades at 0.082270 ETH, gaining 2.0% against Ethereum. These pair movements contrast with the 24-hour dollar decline.

It is important to note that Dogecoin was trading close to $0.1024, right above the short-term support line of $0.1016.

But upside is still limited by daily Ichimoku resistance near $0.1149 following the 33.64% 4H rally up.

In the meantime, price is still below the daily cloud, with the short-term direction still reliant on intraday reactions to support.

Dogecoin experienced a sudden intraday trend following an affirmed Tenkan-sen and Kijun-sen positive cross in the 4-hour Ichimoku chart. The move was interestingly preceded by a long-periodic build up along the bottom of the cloud. Then Price rose rapidly, a calculated progress of about 33.64 per cent. of the local base at about $0.086.

But with declining momentum, the price reversed and it is currently trading at 0.1024, a loss of 10.8%. This transition takes the market at an intersection of the technical position where short-term positive momentum clashes with the longer time frame resistance.

4H Ichimoku Structure and Trend Development

In the 4-hour chart, the Tenkan-sen crossed the Kijun-sen to form a short-term bullish pattern. Subsequently, the price came out of the Kijun-sen price line and hit the Ichimoku cloud. The chart shows a clean expansion leg, supported by rising candles and limited overlap.

https://twitter.com/TATrader_Alan/status/2023273904085880966?s=20

However, price has now stalled below the upper resistance band highlighted near $0.1149. At the same time, the cloud ahead remains thin, which explains the speed of the prior move. This context sets up the interaction with the daily Ichimoku levels discussed next.

However, the daily Ichimoku framework shows Dogecoin meeting overhead resistance after the rally. Price currently sits below the daily cloud, which historically caps upside momentum. The recent swing ceiling is expected at the level of 0.1149, which coincides with the given area of resistance. In the meantime, the immediate support level is surveyed at $0.1016, which is almost equal to the present price. Compression between the levels is reflected in the range of 24 hours. In addition, Dogecoin trades at 0.051488 BTC, after an 8.5% move against Bitcoin, adding context to relative performance.

Short-Term Price Scenarios Based on Chart Levels

Looking ahead to today’s session, two defined paths remain tied to existing levels. In a bullish scenario, holding above $0.1016 keeps price positioned to retest $0.1149. A clean break could reopen the prior expansion zone. Conversely, in a bearish scenario, a loss of $0.1016 exposes the lower 4-hour structure. That move would shift focus back toward the $0.096 to $0.098 area shown within the cloud. Therefore, today’s direction depends on how price reacts around these clearly defined Ichimoku levels.

AXS has dropped 6.0% to trade at a low of 1.36 and is now marginally above the 1.34 support level.

The 4-hour chart indicates that there was a sharp decline followed by a bear flag, with a resistance of 1.45.

Relative strength is observed to work against BTC and ETH even though the price action is dominated by dollar-based weakness.

AXS axie infinity token keeps falling under pressure since short-term structure is compressing on the 4-hour chart.  The asset was trading near $1.36, reflecting a 6.0% daily decline. This movement follows sustained downside action that pushed price into a narrow consolidation zone. Notably, the chart highlights a flag structure forming after a sharp prior drop. That structure frames current trading behavior and defines nearby support and resistance levels.

Price Structure and Chart Pattern Overview

The 4-hour chart shows a steep decline that preceded the current consolidation. After that drop, price began moving sideways within upward-sloping boundaries. This structure forms a classic bear flag based on the visible trendlines. The upper boundary aligns near $1.45, which also matches the stated resistance level. Meanwhile, the lower boundary tracks above $1.34, marking the immediate support.

https://twitter.com/alicharts/status/2023261305465974968?s=20

The consolidation remains tight, with price hovering just above support. Notably, the pattern slopes upward against the broader downtrend. That behavior often reflects temporary relief rather than trend reversal.  The chart projection points lower if price exits the flag downward.

Key Levels and Intraday Trading Data

The AXS was trading at 1.36 at the point of observation in a tight range of 24 hours. The support is at a 1.34 price that has been tested several times.  The latest rebounds are topped by resistance that is fixed at around 1.45. In comparison to Bitcoin, AXS is traded at 0.00001973 BTC, and it has a 3.6 percent increase. It is trading 0.0006843 ETH against Ethereum, in the green. These relative gains are in contrast with the dollar-based decline. Nevertheless, chart arrangement remains to prevail over the short-term direction.

Key Outlook: Support Breakdown or Recovery to Shape Direction

Should there be a break of price under $1.34, the chart will indicate a projected movement to $0.70. That target reflects the measured move from the prior decline. In this bearish scenario, selling pressure would expand rapidly below support.However, if price reclaims $1.45, the flag structure would invalidate. Under that bullish scenario, price could retest the upper consolidation range near $1.50 today. Both scenarios depend strictly on reactions at the defined levels.

Zora launched attention markets on Solana to let users trade tokens tied to online trends in real time.

Users can create new markets for 1 SOL and close positions anytime as attention shifts.

Early trading volume stayed modest which shows attention markets remain experimental and high risk.

Zora expanded its platform to Solana on Feb. 17 with the launch of attention markets. The rollout moves the company beyond its earlier NFT focus and Ethereum-based infrastructure. The new product allows users to trade tokens tied to online trends. Both Zora and Solana publicly confirmed the launch on the same day.

https://twitter.com/CryptoTimes_io/status/2024000573289173336?s=20

Attention markets let users speculate on the rise or fall of social media topics. Instead of trading political or economic outcomes, participants trade cultural momentum. Users buy and sell tokens linked to hashtags, memes, and internet discussions. As a result, traders track profits and losses in real time.

Trading Online Trends in Real Time

Anyone can create a new trend market by paying a 1 SOL fee. The fee aims to limit spam and discourage low-quality listings. Once a market goes live, other users can open positions instantly. They can also close positions at any time.

Zora built the system natively on Solana to support fast execution. Solana offers low fees and rapid transaction speeds. Therefore, the network can handle frequent price updates and high trading activity. However, Zora does not provide fixed rewards for market creators. Some trading pairs may include incentives, depending on activity.

Early data showed modest participation during the first day. Topics such as attentionmarkets, bitcoin, cats, dogs, and aigirlfriend attracted initial interest. While a few tokens posted sharp percentage gains, most saw limited volume. In addition, only a small number of markets crossed the $10,000 mark.

Shortly after launch, the main attentionmarkets token reached a market value near $70,000. Trading volume approached $200,000 during the initial period. Even so, liquidity remained thin across most markets.

Market Reaction and Competitive Pressure

The move to Solana triggered mixed reactions online. Some users viewed the shift as practical for high-frequency trading. Others saw it as a departure from Zora’s earlier Base and Ethereum alignment. Despite the debate, Zora’s native token rose more than 5%. It traded near $0.022 following the announcement.

Meanwhile, competition in the attention trading space is growing. Polymarket has collaborated with analytics firms on products linked to online sentiment. In addition, Noise, a project on Base, secured $7.1 million from Paradigm. The funding supports similar tools that track and monetize public interest.

Zora has also advertised a role titled Attention Economist. The position focuses on analyzing trends across TikTok, Instagram, YouTube Shorts, and X. This hiring move signals a longer-term effort to refine attention measurement.

Analysts describe attention markets as experimental and high risk. Low liquidity can amplify volatility and price swings. Still, supporters argue the model converts cultural momentum into tradable data.

Panama City, Republic of Panama, February 18th, 2026, Chainwire

Sai today launched Sai Perps, a perpetuals trading platform built to be as fast and intuitive as a centralized exchange with the transparency and self-custody of onchain settlement. The platform features gasless transactions, removing friction for traders while maintaining full onchain security.

Sai also unveiled Let’s Go Saicho, a one-month onchain trading competition running February 18 through March 19, 2026, with $25,000 in total prizes. The campaign is structured in two phases designed to reward both performance and participation: a PNL competition for profitable traders, followed by a first-come, first-serve “Be Early” phase for traders who engage early and hit a minimum volume threshold.

“Onchain markets shouldn’t require traders to compromise between speed and self-custody,” said Matthias Darblade, a Sai contributor. “Sai Perps is designed for active traders who want a clean, CEX-like experience, while still getting the transparency and settlement guarantees that only onchain infrastructure can provide.”

Why Sai vs. Other Perps DEXs

Sai Perps is built around the premise: trading should be accessible without the usual friction of onchain perps. Compared to existing perpDEXs, Sai stands out in many ways:

CEX-like UX, onchain settlement: A streamlined trading experience designed to be fast and familiar, with trades settling onchain for transparency and verifiability.

Infrastructure built for deep, smooth markets: Sai has focused heavily on liquidity, risk systems, and oracle design to support more consistent execution and robust market integrity.

Accessible to both new and experienced traders: A platform experience optimized for speed and clarity, without sacrificing advanced trading capability.

Roadmap beyond crypto perps: Sai’s planned expansion includes stocks, commodities, and FX markets, plus user-focused capital efficiency features like Sai Savings (yield on deposits), and cross-chain deposits.

Let’s Go Saicho: $25,000 Trading Competition (Feb 18 - Mar 19, 2026)

Let’s Go Saicho is a one-month competition rewarding trading on Sai across two two-week phases:

Phase 1 (Feb 18 – Mar 4): PNL Competition | $20,000 prize pool, 50 winners

Phase 2 (Mar 5 – Mar 19): Be Early (First Come First Serve) | $5,000 prize pool, 50 winners

All markets listed on Sai are eligible in both phases. Traders may go long or short on any listed pair using supported collateral (e.g., USDC and other supported assets such as stNIBI, as available on Sai). For more details on Sai’s Trading Competition, visit here.

About Sai

Sai is a new perpetuals trading platform designed to feel as easy and fast as a centralized exchange, while still settling fully onchain. Sai’s mission is to make advanced trading accessible without sacrificing transparency or self-custody.

Sai is focused on finalizing its core trading infrastructure and user experience, building liquidity and risk systems for smoother execution, and laying groundwork for yield features that help users earn on idle collateral. Next on the roadmap: expanded markets (stocks, commodities, FX), Sai Savings, cross-chain deposits, and smart accounts for gasless trading.

Contact

PR and Media Inquries Press@sai.fun

Disclaimer and Risk Warning

This article is a sponsored press release and is for informational purposes only. Crypto News Land does not endorse or is responsible for any content, quality, products, advertising, products, accuracy or any other materials on this article. This content does not reflect the views of Crypto News Land, nor is it intended to be used for legal, tax, investment, or financial advice. Crypto News Land will not be held responsible for image copyright matters. Readers are advised to always do your own research before making any significant decisions.

Bitwise filed for ETFs tied to US election outcomes under the PredictionShares brand.

The proposed funds would hold regulated event contracts linked to 2026 and 2028 races.

SEC approval remains pending as regulators review prediction market ETF rules.

Bitwise Asset Management has filed with U.S. regulators to launch exchange-traded funds tied to political prediction markets. The proposal marks a new step in bringing event-based contracts into mainstream investment portfolios. The filing outlines a product line branded as “PredictionShares.” However, the funds cannot launch until regulators approve the registration statement.

https://twitter.com/cryptodotnews/status/2024005962088980703?s=20

The preliminary prospectus is dated Feb. 17. Bloomberg ETF analyst James Seyffart disclosed details of the filing on social media. The document states that the offering remains incomplete. Therefore, the securities cannot be sold until the registration becomes effective.

Election-Based Contracts Form the Core Strategy

The proposed ETFs focus on U.S. election outcomes. Specifically, Bitwise plans separate funds tracking whether Democrats or Republicans win the 2028 presidential election. In addition, the lineup includes products tied to party control of the House and Senate in the 2026 midterm elections.

Unlike traditional thematic ETFs, these funds would not invest in companies linked to political activity. Instead, they would hold event-based contracts traded on regulated venues. These contracts pay out based on real-world outcomes, such as certified election results.

As a result, investors could gain exposure to prediction markets through standard brokerage accounts. Bitwise structured the platform to provide regulated access within existing ETF frameworks. Nevertheless, the U.S. Securities and Exchange Commission has not granted approval.

Regulatory Review and Industry Scrutiny

Regulators continue to assess how prediction market products fit within securities and derivatives laws. The filing confirms that approval remains pending. Consequently, no launch date has been set.

In recent months, similar ETF proposals have appeared. Analysts expect additional filings as market interest grows. However, regulators have not approved any election-based prediction ETFs to date.

Meanwhile, the broader debate around prediction markets remains active. Some policymakers argue that certain contracts may fall under securities rules. Therefore, regulatory clarity will likely shape the timeline for approval.

Rising Competition in the Prediction ETF Space

Other asset managers have also entered the race. Roundhill Investments previously submitted filings for election-focused ETFs. GraniteShares has introduced competing proposals as well. Yet none of these products has secured regulatory clearance.

At the same time, platforms such as Polymarket have reported heavy trading during major political events. Increased activity has drawn attention from both investors and regulators. Supporters argue that prediction markets can reflect shifting sentiment quickly. However, critics warn that such contracts can behave like speculative bets.

Industry analysts note that funds linked to specific outcomes could lose significant value if forecasts prove incorrect. Therefore, risk assessment will play a central role in regulatory evaluation.

Bitmine added 45759 ETH in one week and lifted total holdings to 437,1497 ETH.

The company now controls 3.62% of ETH supply and is targeting 5%.

Staking 3,040,483 ETH brings in $176 million yearly with rewards projected at $252M.

Bitmine Immersion Technologies added 45,759 ETH in one week, lifting total holdings to 4,371,497 tokens. The purchase strengthens its status as the largest Ethereum treasury globally. The company now controls about 3.62% of Ethereum’s 120.7 million token supply. Combined with cash and other investments, total holdings stand at $9.6 billion.

https://twitter.com/lookonchain/status/2023754910471516449?s=19 Ethereum Accumulation Accelerates During Market Weakness

The latest purchase came as crypto markets showed weak sentiment. However, no major institutional failures have surfaced in this cycle. Market softness followed the October 10 price shock and broad deleveraging. Unlike 2018 and 2022, the downturn has not included collapses like FTX or Three Arrows Capital.

Bitmine views the correction as sentiment-driven rather than structural. As a result, the company is still acquiring Ethereum regardless of the short-term price moves. Management sees the pullback as an accumulation phase. The firm has moved 72% toward its target of acquiring 5% of total ETH supply.

At a valuation of $1,998 per token, Bitmine’s Ethereum position approaches $8.7 billion. The company holds 193 Bitcoin alongside its ETH stack. It also maintains $670 million in cash reserves. Additional investments include $200 million in Beast Industries and $17 million in Eightco Holdings.

Staking Operations Expand Ahead of MAVAN Launch

Beyond accumulation, Bitmine has staked 3,040,483 ETH. That figure equals roughly 69% of its total Ethereum holdings. The staked tokens carry a market value of about $6.1 billion. Annualized staking revenue stands at $176 million based on a 2.89% seven-day yield.

The Composite Ethereum Staking Rate administered by Quatrefoil stands at 2.84%. Bitmine’s staking yield slightly exceeds that benchmark. When all holdings are fully staked, projected annual rewards could reach $252 million. The company plans to deploy its Made in America Validator Network in early 2026.

MAVAN aims to provide a domestic staking infrastructure platform. Bitmine currently works with three staking providers ahead of the rollout. The validator network will anchor its long-term staking strategy.

Institutional Backing and Trading Liquidity Strengthen Position

Bitmine ranks second globally among crypto treasuries and leads Ethereum-focused holdings. The stock trades about $0.9 billion daily on a five-day average. That places BMNR 158th among 5,704 U.S.-listed stocks. Institutional supporters include ARK, Founders Fund, Pantera, Galaxy Digital, Kraken, DCG, and Bill Miller III.

The management has identified three structural drivers supporting Ethereum adoption. These include Wall Street tokenization, AI agent payment systems, and creator-focused Layer 2 standards. Conference discussions in Hong Kong reinforced those themes. Consequently, the company is maintaining its acquisition pace as markets navigate what it describes as a mini-winter.