Solana User Activity Falls to One-Year Low as Memecoin Hype Subsides

Market

Zabi

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November 13, 2025

Solana User Activity Falls to One-Year Low as Memecoin Hype Subsides

Solana user engagement has decreased significantly in 2025, hitting a one-year low amid the fading memecoin boom that underpinned last year’s growth.

According to Glassnode data, the number of active addresses on the Solana blockchain has declined to 3.3 million. This figure marks a 12-month low and represents a steep decline from over 9 million active addresses recorded in January.

The metric tracking unique wallet addresses executing transactions saw substantial growth throughout late 2024. This development corresponded with Solana’s rise as the preferred network for memecoin launches and high-speed trading.

Decline Mirrors Waning Memecoin Hype

Meanwhile, activity on Solana has gradually fallen through 2025 as the intense memecoin enthusiasm that once dominated the chain has cooled.

Screenshot 2025 11 13 at 72204 am — Solana drop in active addresses

Even so, some platforms remain resilient. Pump.fun, a leading token launchpad on the Solana blockchain, continues to generate over $1 million in daily volume.

It currently holds nearly 90% of the market share within this niche, underscoring its dominant position. This further indicates that, although overall participation has declined, robust engagement continues in select segments.

The shift highlights how quickly momentum can change in the crypto ecosystem. Blockchains dependent on a single narrative or trend often experience a decline in usage once the hype cycle ends.

Solana’s pattern resembles earlier examples from other networks that saw temporary spikes in user activity, only to return to more sustainable levels once speculation eased.

Network Focuses on Long-Term Growth

Despite the decline in address activity, Solana’s developers and projects continue to broaden the network’s capabilities. Current efforts include expanding decentralized exchanges, prediction markets, and protocols for real-world assets.

The network’s DeFi total value locked (TVL) remains robust at $10 billion, supported by major protocols such as Jupiter, Jito, and Kamino.

This ongoing development indicates a shift toward building durable infrastructure and reducing reliance on short-term speculative trends.

Solana Market Performance

As of press time, Solana (SOL) is trading at $155.92, marking a modest uptick over the past 24 hours. However, the token has remained down about 2% over the past week.

With a market capitalization of $86.42 billion, Solana currently ranks as the world’s sixth-largest cryptocurrency.

Here’s How High XRP Could Reach if It Powers Global Markets

Market

Mark Brennan

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November 13, 2025

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Here’s How High XRP Could Reach if It Powers Global Markets

Amid discussions around XRP’s potential at full global adoption, a market pundit has predicted the XRP price if it powered global markets.

XRP Undervalued?

Despite its nearly 400% surge in the past year, several market commentators argue that XRP remains undervalued. They usually highlight its growing utility in real-world finance as the major reason for this belief.

Amid these discussions, Pumpius, a well-known XRP community pundit, recently shared an analysis on how high XRP could climb if adoption reaches a global scale.

In his commentary, Pumpius explained that investors should not see XRP as just another cryptocurrency. Instead, he described it as a liquidity engine for moving value across the world.

To him, XRP’s price will ultimately depend on how much liquidity demand runs through it, not on hype or speculation. He believes that once adoption materializes at certain levels, XRP could experience dramatic growth.

XRP Price if Ripple Secures Banking License

In the first level, Pumpius highlighted Ripple’s push to secure a U.S. national trust bank license. In July 2025, CEO Brad Garlinghouse revealed the firm had applied for the charter to support its RLUSD stablecoin under dual federal and state oversight.

2/🧵
🏦 Scenario 1: Ripple Banking License (OCC)
•Ripple becomes a U.S. national trust bank.
•Custody, stablecoins, treasuries, tokenized RWAs.
•Settlement flows ~$500B yearly minimum.

👉 Plausible XRP price: $50

— Pumpius (@pumpius) September 6, 2025

By August, Ripple had published the first volume of the application, showing plans for a New York–based limited-purpose trust bank designed for custody and infrastructure services. The OCC expects to rule on the application in October 2025, around the same time the SEC will decide on pending XRP ETF proposals.

If Ripple gains approval from the Office of the Comptroller of the Currency, Pumpius believes the company could handle custody, stablecoins, treasuries, and tokenized real-world assets. He claimed that this setup could bring in at least $500 billion in yearly settlement flows and lift XRP to $50.

XRP Price if Corporate Adoption Surges

Pumpius then moved to the corporate adoption scenario. He argued that if major companies like Apple, Amazon, Tesla, and Microsoft moved their treasuries and supplier payments to the XRP Ledger, the network could handle about $5 trillion in annual flows.

For context, several smaller companies have already made moves in this direction in 2025. Specifically, VivoPower announced a $121 million raise in May, with $19 million allocated for XRP staking on Flare.

Trident Digital committed $500 million to an XRP reserve in June. Other firms, including Webus, Wellgistics, Nature’s Miracle, Hyperscale Data, and Everything Blockchain, also announced allocations that brought total commitments near $1 billion by mid-year. Still, none of the world’s largest corporations have stepped in yet.

To Pumpius, once major corporations step in, XRP’s strength as a neutral bridge asset would allow these firms to operate across currencies without friction. He suggested this could push the XRP price to $100.

XRP Price in Powering Global Markets

Meanwhile, his third projection focused on global capital markets. Pumpius believes that tokenizing stocks, bonds, and exchange-traded funds, an asset pool worth more than $100 trillion, could take place on the XRP Ledger through its decentralized exchange and issued currencies.

He argued that the demand for liquidity from this move would outpace foreign exchange markets. In this scenario, he claimed XRP could surge past $100,000 per token.

While these projections can be exciting, they remain highly speculative. There is no guarantee XRP will ever reach the targets Pumpius described, and each scenario rests on major assumptions that may not play out.

First Spot XRP ETF Officially Lists on Nasdaq

Market

Lele Jima

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November 13, 2025

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First Spot XRP ETF Officially Lists on Nasdaq

The first XRP spot ETF has officially become effective following its approval and certification by the U.S.-based exchange Nasdaq.

Crypto journalist Eleanor Terrett reported that Nasdaq has approved and certified the listing of Canary’s XRP ETF, which will trade under the ticker symbol XRPC. The certification took place at 5:30 p.m. (ET) on Wednesday, marking the final procedural step before the fund’s official launch.

Trading to Commence Today After Nasdaq Approval

Terrett shared an official statement from Nasdaq confirming its certification of the ETF’s Form 8-A filing, originally submitted on November 10, 2025.

The statement noted that Nasdaq had approved the listing and registration of the ETF upon receiving the official notice of issuance, effectively clearing the way for the XRPC ETF to debut on the market.

With this approval, the Canary XRP ETF will officially commence trading today once the U.S. markets open. Once launched, it will allow investors to gain direct exposure to XRP through a regulated U.S. exchange-traded product that holds only the token itself.

Canary CEO Celebrates Approval

In a statement sent to Terrett, Steven McClurg, Canary’s CEO, expressed excitement about the approval of XRPC. He referred to the fund as the first-ever single-token spot XRP ETF in the United States.

McClurg acknowledged the contributions of key figures within the SEC, including Chairman Paul Atkins and Commissioner Hester Peirce, for their roles in making the ETF launch possible.

The SEC, led by Atkins, has pursued a more crypto-friendly regulatory stance since the start of Donald Trump’s second administration. The efforts created the regulatory environment that ultimately enabled the ETF’s approval.

More Spot XRP ETF Underway

Besides XRPC, more spot XRP ETFs are also to launch in the U.S. under the automatic effectiveness route. Other prospective issuers, such as Franklin Templeton and 21Shares, have removed the delay amendment from their XRP ETF S-1 registration statements. Their potential launch date is for later this month, unless the U.S. SEC objects.

Meanwhile, the prolonged government shutdown, which prompted issuers to seek automatic effectiveness for their XRP ETFs, has finally ended. This comes after President Trump signed the funding bill into law, reopening the government.

With this development, U.S. federal agencies, including the SEC, which had been affected by the shutdown, will resume full operations.

As a result, the SEC will determine whether to let upcoming spot XRP ETFs from other issuers launch through the automatic effectiveness process or to approve all pending applications simultaneously.

Here’s How Much 1K, 5K, and 10K XRP Would Be Worth If Bitcoin Hits $1M

Market

Mark Brennan

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November 13, 2025

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Here’s How Much 1K, 5K, and 10K XRP Would Be Worth If Bitcoin Hits $1M

Altcoins like XRP could benefit tremendously if Bitcoin ever claims the $1 million price target teased by multiple industry leaders.

The crypto market has had a turbulent period over the past few weeks, with prices tumbling to new lows. Bitcoin (BTC), the original cryptocurrency, has been at the center of this downtrend, occasionally slumping below the $100,000 psychological mark to retest lows at $98,000.

Altcoins Collapse as Bitcoin Struggles

Following this trend, altcoins have also struggled. Notably, this is due to the close correlation between the altcoin market and Bitcoin. With BTC facing a turbulent period, altcoins like XRP have failed to perform optimally, with only a few outliers.

Specifically, Bitcoin has dropped 3% in November despite recent recovery efforts. As a result, the total crypto market cap has lost nearly $120 billion this month, with altcoins seeing large losses. However, XRP has held up well despite following in the broader market’s footsteps, only down 2.6% month-to-date.

Bitcoin to $1M Predictions

However, this close correlation between Bitcoin and altcoins could be beneficial when a strong rally emerges. Notably, multiple industry leaders believe BTC could reach greater heights in the coming years, with the $1 million target often featuring in these forecasts.

For instance, in September, the Winklevoss twins, founders of the Gemini exchange, predicted that Bitcoin could “easily” claim $1 million from its current position. Notably, they cited historical data, which confirmed Bitcoin’s penchant for explosive growth.

Meanwhile, a month before that, Coinbase CEO Brian Armstrong said during a Cheeky Pint podcast episode that Bitcoin may reach $1 million by 2030, citing clearer regulations. Interestingly, in July, “Rich Dad Poor Dad” author Robert Kiyosaki also hinted at a possible Bitcoin price rise to $1 million, suggesting that he wouldn’t want to miss the boat.

XRP Price if Bitcoin Hits $1M

Should Bitcoin claim the $1 million price, XRP could also witness a comparable price increase due to the price correlation between Bitcoin and altcoins. Notably, data from Macroaxis shows that XRP and Bitcoin have a 78% correlation coefficient, showing both assets have “poor diversification” in comparison.

BItcoin and XRP Price Correlation | Macroaxis

If this correlation persists across the crypto market, XRP and Bitcoin could maintain their respective market dominance even when Bitcoin reaches $1 million or $19.94 trillion market cap. With BTC currently holding a 59.85% market dominance, if it retains this dominance at a market cap of $19.94 trillion, the total crypto market cap would sit at $33.3 trillion.

Meanwhile, XRP currently has a market dominance of 4.19%. If it maintains this dominance when the crypto market hits $33.3 trillion, XRP’s market cap would soar from the current $148 billion to around $1.4 trillion. Considering XRP’s circulating supply of around 60 billion tokens, this market cap translates to $23 per XRP token.

At this price, 1,000 XRP tokens, currently worth $2,460, would grow to about $23,000. Meanwhile, anyone holding 5,000 XRP, worth $12,300 today, would be sitting on $115,000. For those holding 10,000 XRP, currently worth $24,600, their stash would rise to $230,000 if XRP reaches the $23 price.

Here’s How Big Funds Can Get Discounted Exposure to XRP

Market

Mark Brennan

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November 13, 2025

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Here’s How Big Funds Can Get Discounted Exposure to XRP

Paul Barron, host of the Paul Barron Network, suggests Fundstrat’s Tom Lee could emulate VivoPower’s strategy to gain XRP exposure through Ripple’s shares at a discount.

In a recent post on X, Barron explained how VivoPower’s approach allows the company to indirectly hold XRP while paying far less than the market price. He called it a valuation gap that allows investors to benefit from Ripple’s massive XRP holdings without buying the tokens directly.

Barron Urges Tom Lee to Gain XRP Exposure

Specifically, Barron stressed that Ripple Labs holds about 41 billion XRP tokens, worth around $135 billion at current market prices. For context, these were the figures cited during the initial VivoPower announcement.

Yet, the company confirmed buying Ripple shares at an average private valuation of only $19 billion. This gap gave VivoPower an 86% discount on XRP exposure, putting the company’s effective purchase price at around $0.47 per token. Notably, Ripple’s valuation has since risen to $40 billion, reducing the discount.

Meanwhile, Barron turned his attention to Tom Lee, co-founder and Chief Investment Officer of Fundstrat and Chairman of BitMine.

He suggested that Lee could take a similar route by buying Ripple shares directly from current shareholders through formal agreements, rather than acquiring XRP from Ripple itself. Notably, this method could give Lee access to XRP exposure at a steep discount, just as VivoPower achieved.

This idea has resonated well with the XRP community due to BitMine’s sizable Ethereum treasury. For context, BitMine currently holds about 1.713 million ETH worth nearly $5.95 billion and plans to expand its holdings to 5% of the total ETH supply. What if it diversified its portfolio to include XRP?

The VivoPower Strategy

Notably, VivoPower announced its plan in August 2025 as part of a shift toward a digital asset treasury focused on XRP. VivoPower budgeted $100 million for Ripple share acquisitions, subject to executive approval and shareholder agreements.

At that time, Ripple’s 41 billion XRP tokens had a value of about $135 billion, but the company’s private market valuation stood at only $19 billion.

Based on this valuation, VivoPower’s $100 million investment gave it indirect exposure to roughly 211 million XRP, worth about $696 million then. The company estimated that every $10 million in Ripple shares could raise its shareholder value by about $5.15 per share, depending on market conditions.

VivoPower also planned to pair its Ripple share purchases with direct XRP buys to lower its average cost, becoming the first U.S.-listed firm to hold both Ripple equity and XRP tokens.

Meanwhile, during a presentation at the XRP Meetup in New York, Adam Traidman, VivoPower’s Advisory Board Chairman and a former Ripple board member, provided an update. He called VivoPower’s strategy DAT 2.0, contrasting the approach used by Bitcoin and Ethereum treasury firms.

DATs are collapsing, according to the former @Ripple board member.

VIVOPOWER has been BUYING $XRP exposure at 84% OFF by purchasing shares in @Ripple.

With the new Ripple $40B Valuation, the XRP discount is effectively 59% off.

VivoPower Strategy explained here:… pic.twitter.com/ypSrGAgRsC

— 🌸Crypto Eri ~ Carpe Diem (@sentosumosaba) November 12, 2025

Notably, Ripple’s private market valuation has since jumped from $19 billion to $40 billion. Even with that increase, VivoPower still benefits from a notable discount. The original 86% markdown had narrowed to about 59%.

Visa Tests Stablecoin Payouts to Empower Freelancers and Digital Creators

Market

Zabi

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November 12, 2025

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Visa Tests Stablecoin Payouts to Empower Freelancers and Digital Creators

Visa has deepened its involvement in blockchain finance with a new pilot initiative that allows funds to be paid out directly using Circle’s USDC stablecoin.

The initiative, announced at the Web Summit in Lisbon, aims to help freelancers and digital creators receive earnings faster and more securely, without depending on slow, traditional banking systems.

Faster, More Accessible Payments Across Borders

Through the pilot, U.S. businesses using Visa Direct can now initiate payouts in fiat currency. Meanwhile, recipients have the option to receive their earnings in USDC.

According to Chris Newkirk, Visa’s President of Commercial & Money Movement Solutions, the project seeks to make “access to money universal and available in minutes, not days.”

In particular, Visa says the system could benefit users in emerging markets. In these regions, currency volatility and limited banking infrastructure often create barriers to timely payments.

Compliance and Secure Access

To ensure safety and compliance, participants in the program must hold a wallet that is compatible with stablecoins. In addition, they must complete the standard KYC and anti-money-laundering (AML) procedures.

At this stage, the pilot supports only USDC, but Visa plans to expand its reach in the second half of 2026, subject to evolving regulations and partner readiness.

Building on Earlier Stablecoin Experiments

Notably, this pilot follows Visa’s September 2025 program, which allowed businesses to pre-fund stablecoin payouts. Together, both initiatives are part of Visa’s broader effort to test how blockchain infrastructure can support global money movement.

Furthermore, every payout under the new system will be recorded on-chain, allowing greater auditability and regulatory transparency. Visa says this structure effectively combines the efficiency of blockchain with the trust of regulated finance.

Visa’s Growing Footprint in Digital Assets

Indeed, Visa’s focus on digital currencies has accelerated in 2025. Over the past five years, the company has facilitated over $140 billion in cryptocurrency and stablecoin transactions, reflecting the growing acceptance of blockchain technologies in everyday payments.

Recently, Visa collaborated with Bridge, a company owned by Stripe, to offer Visa cards linked to stablecoins. Additionally, the company introduced the Visa Tokenized Asset Platform, an initiative to support financial institutions in exploring stablecoin-based payment and settlement systems.

Overall, these moves underscore Visa’s efforts to integrate digital assets into the global payments infrastructure.

Chainlink Price Near Key Support: Michael van de Poppe Predicts Major Bullish Leg in 2026

Market

Albert Brown

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November 12, 2025

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Chainlink Price Near Key Support: Michael van de Poppe Predicts Major Bullish Leg in 2026

Prominent analyst Michael van de Poppe highlights a Chainlink accumulation zone against Bitcoin and anticipates a new bullish leg ahead of DeFi’s 2026 expansion.

In a post on X, the analyst noted that LINK is in a favorable position for accumulation against Bitcoin as LINK is consolidating near a key multi-year support level. This point signals the possibility of an upcoming bullish phase.

Citing the pattern, Van de Poppe noted that this is a good opportunity to accumulate LINK, adding that he believed it was poised for a new upward move and expressing his expectation for a strong DeFi performance in 2026. He also mentioned that SmartCon had been a great event.

Despite an 8% surge in the past week, LINK still trades at a 16% downtrend in the past month. It now changes hands at 0.0001535 BTC, equivalent to $16.12. Within the 24-hour timeframe, the token has seen a modest 0.3% increase in the past day.

LINK Shows Consolidation Near Multi-Year Support

Notably, the current price point is just above a key multi-year support near 0.0001368 BTC. This zone, repeatedly tested since late 2023, has formed a durable price floor, despite a breakdown below this level in June this year. This points to a fading bearish momentum and a potential accumulation phase.

Technical analysis of the weekly chart reveals a broader downward trend in LINK’s movement, characterized by a steady decline from its 2021 peak, with lower highs and lows. In 2022, LINK attempted a breakout above 0.0004389 BTC but failed before entering a prolonged base, which lasted until late 2023 and continued into 2024.

Since early 2025, however, this downtrend has weakened, with prices compressing between 0.0001368 BTC and 0.000250 BTC, a tightening range that often precedes a breakout.

On the higher side, LINK’s immediate major resistance band sits between 0.00020 BTC and 0.00022 BTC. A clear break above this area could mark the end of LINK’s multi-year bearish cycle. Beyond that, resistance targets remain near the 0.0002733 BTC and 0.0004389 BTC zones, which are linked to previous market reversals.

If LINK breaks above the first target, it will require a 165% surge to reach the next target, equivalent to $49.90. Notably, van de Poppe is optimistic of a bullish move, in line with his forecast for renewed DeFi strength.

Interestingly, technical indicators reinforce this accumulation outlook. The RSI has leveled near neutral, while subdued trading volume reflects limited selling pressure. The flattening weekly moving average also suggests diminishing downside momentum and early signs of trend stabilization.

Circle CEO Comments on Q3 Earnings Reports

Speaking in an interview on CNBC’s Squawk Box, CEO Jeremy Allaire provided further insight into the company’s impressive performance in the third quarter and its ambitious plans to evolve into a full-stack internet platform business.

According to him, USDC’s transaction volume reached $9.6 trillion in Q3 2025, a significant increase from the $5.9 trillion reported in the previous quarter. Despite intensifying competition in the stablecoin market, Allaire noted that Circle still grew its stablecoin market share by over 600 basis points to 29%.

The Circle CEO attributed this growth to the company’s network effect advantage, particularly the utility and liquidity effects. He pointed out that global financial institutions, including Standard Chartered, Deutsche Börse, Visa, and Itaú, are building with Circle, propelling the company ahead of smaller entrants.

Circle Building Full-Stack Internet Platform Business

Amid its impressive third-quarter performance, Allaire revealed that the company is developing what he calls a “full-stack internet platform business,” a comprehensive system designed to power digital money and finance on the internet.

The initiative envisions a multi-layered ecosystem that seamlessly integrates blockchain infrastructure, stablecoin technology, and application-level services.

In his view, the vision aims to transform the business and serve the financial needs of mainstream companies. He acknowledged that over 100 companies are already getting involved with the initiative.

We're building a full-stack internet platform business @circle

Great chat with @andrewrsorkin on @SquawkCNBC this morning.https://t.co/HSrWtBK2sp

— Jeremy Allaire – jda.eth / jdallaire.sol (@jerallaire) November 12, 2025

Banks As Partners, Not Rivals

In the meantime, banks have shown strong interest in stablecoins, with some financial institutions, including JPMorgan and Bank of America, collaborating on a joint stablecoin initiative in recent times.

When asked about potential competition from traditional banks, Allaire dismissed the idea that they pose a threat to Circle’s growth. Instead, he described banks as one of the company’s biggest opportunities. He suggests that many could become partners, leveraging Circle’s infrastructure to modernize their systems.

Allaire also noted that Circle is already working with major financial institutions, including Goldman Sachs, HSBC, Deutsche Bank, Commerzbank, BNY Mellon, and State Street, to develop blockchain-based financial infrastructure.

Stablecoins Now Reshaping Money Online

Meanwhile, he addresses recent comments from Ark Invest’s CEO Cathie Wood, who suggested that stablecoins are overshadowing Bitcoin as a transactional currency. Allaire agreed with this narrative, noting that stablecoins are reshaping how money works on the internet.

According to him, of the approximately $120 trillion global money supply, around $60 trillion exists as cash or non-interest-bearing deposits. He considers this to be a significant market opportunity for programmable digital dollars, such as stablecoins.

Allaire referred to stablecoins as safer and more desirable money to borrow, projecting that credit markets will form around borrowing and lending in stablecoin-denominated assets.

Shiba Inu Faces Crucial Test at $0.00000959 Support: What’s Next?

The Crypto Basic Price Desk

Mark Brennan

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November 12, 2025

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Shiba Inu Faces Crucial Test at $0.00000959 Support: What’s Next?

Can the recent Shiba Inu bounce from the $0.000009593 support and increased adoption of Shibarium help SHIB defy key resistance?

Notably, Shiba Inu (SHIB) is changing hands at $0.00000989 during this writing. It has experienced an 11.1% price increase over the past seven days, a notable upward momentum despite the short-term cool in the broader market.

The meme coin’s price is showing moderate swings in the 24-hour range of $0.0000096 to $0.0000099. Importantly, the ongoing price increase signals market interest at a time when analysts and traders are looking for the next direction. Will Shiba Inu gain a leg up or plunge?

Shiba Inu Price Analysis

Looking at the technical end, indicators on TradingView show that Shiba Inu’s price is currently placed between key Fibonacci levels.

The price has attempted and tested the 0.382 Fibonacci retracement level at $0.000009593, which serves as a critical support zone. A bounce from this level has resulted in a minor recovery, pushing the price back above the 0.236 level at $0.00000988.

Screenshot 2025 11 12T155534935 — Shiba Inu

The ongoing price action indicates that SHIB is consolidating between these key levels, with a recent breakout above the 0.382 level at $0.00000959, which could signal further upward momentum.

On the downside, if the price fails to maintain above the 0.382 level ($0.000009593), it could suggest a pullback toward lower Fibonacci zones, with the 1.786 level ($0.000008807) acting as a stiff support in case of further decline.

Additionally, the MACD indicator shows a bullish crossover, supporting the short-term positive sentiment.

However, caution is warranted. If the price continues to climb without sufficient consolidation, it could become overbought, leading to potential exhaustion and a pullback. Its histogram is also in the green zone, indicating positive momentum, though it’s an early sign of potential exhaustion. Ultimately, the key level to watch is $0.00000959 for support.

Analyst: SHIB Bull Run Incoming?

Speaking about Shiba Inu, James Waynn, a community figure on X, has shared his thoughts on the potential of a bull run. He believes that the bullish case for SHIB is building, suggesting that significant gains could be seen in the next bull cycle.

According to Waynn, a key factor behind this positive outlook is the growth of Shibarium, the Layer-2 solution for the Shiba Inu ecosystem. As Shibarium sees increased adoption, dApp usage, and higher transaction volumes, more SHIB tokens are being burned.

According to him, the reduction in the circulating supply, coupled with the growing demand for SHIB due to Shibarium’s expansion, sets for price movement.

Analyst Sees $160K–$170K Top Within Six Weeks as “Golden Curves” Model Flashes Peak Signal

Market

Abdulkarim Abdulwahab

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November 12, 2025

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Analyst Sees $160K–$170K Top Within Six Weeks as “Golden Curves” Model Flashes Peak Signal

Bitcoin could be heading toward a new all-time high between $160,000 and $170,000, according to market analyst Bitcoin Teddy.

The analysis cites the “Diminishing Golden Curves” model developed by CryptoCon as the basis for this bold outlook.

Notably, the model has accurately outlined Bitcoin’s historical market cycles over the past decade. It now suggests that the next major top could form in the final weeks of 2025, following the same cyclical rhythm that has defined every Bitcoin bull market since 2011.

Diminishing Golden Curves

The Diminishing Golden Curves chart maps Bitcoin’s price movement within a series of logarithmic regression bands. Each band represents a deviation level, or how far Bitcoin’s price is from its main growth path, known as the Golden Curve.

The chart shows that Bitcoin’s peaks have occurred at progressively lower deviation levels. This outcome illustrates that gains have diminished as Bitcoin matures:

November 2013: Cycle top at +5
December 2017: Cycle top at +4
November 2021: Cycle top at +3

Following this pattern, CryptoCon’s model anticipates that the next cycle top will occur near the +2 curve over the next six weeks. This sets a potential Bitcoin price target between $160,000 and $170,000, with a possible extension toward $186,000.

Bitcoin Cycle Timing Aligns With Bitcoin Halving

The chart also incorporates Bitcoin’s Halving Cycle Sine Waves, which show that major peaks typically appear 12–18 months after each halving. Since the last halving occurred in April 2024, the model predicts the next peak will likely arrive in late 2025, consistent with Bitcoin’s familiar four-year cycle.

Although earlier cycles saw explosive growth, each new cycle has brought smaller percentage gains amid Bitcoin’s growing maturity and increasing institutional adoption. This trend has made the market more stable, but with a slower rate of growth.

Still, if the Diminishing Golden Curves model proves accurate once again, Bitcoin could rise as much as 79% from current levels of around $104,000.

Another Bitcoin Boom Signal

Another factor strengthening Bitcoin’s bullish outlook is the current liquidity setup. As The Crypto Basic reported on Tuesday, the Stablecoin Supply Ratio—which measures Bitcoin’s market cap relative to stablecoin reserves—has fallen to a level that has historically marked market bottoms.

Each time this has occurred, Bitcoin later experienced strong rallies as stablecoin capital flowed back into the market.

Data from Binance supports this view. It also shows rising stablecoin reserves and declining Bitcoin reserves, a sign that buying power is building and long-term holders are accumulating.

According to CryptoQuant analyst Moreno, with liquidity increasing and volatility remaining low, the current environment offers a favorable risk-reward setup, where downside risk is limited and upside potential remains strong.