CruxDecussata Kurs X

This week, several significant events are poised to impact the crypto market. The new SEC chair ascension, developments in Ethereum’s Pectra Upgrade, and new ecosystem developments have the crypto space buzzing with anticipation. Investors and market watchers closely monitor these events to gauge their potential influence on the market and asset prices. Here is a detailed look at what’s on the horizon. SEC Chair’s Confirmation Hearing This week in crypto, market participants will watch for the confirmation hearing of Paul Atkins, a pro-crypto nominee for SEC Chair, scheduled for March 27. “Paul Atkins leveling up to SEC boss fight on March 27! Senate hearing confirmed by Semafor’s Mueller. Crypto regulation about to get the Trump treatment – expect fewer handcuffs and more innovation. Gensler’s reign of terror ending faster than a rug pull,” one user quipped. Atkins, known for his free-market stance and regulatory expertise, is expected to shift the SEC’s approach from stringent enforcement to fostering innovation. His confirmation might expedite institutional adoption, potentially unlocking products like Ethereum staking ETFs (exchange-traded funds). The hearing’s outcome hinges on Senate approval, introducing political uncertainty. A favorable result could boost market confidence, while delays or rejection might sustain regulatory ambiguity. Season 3 of Ethena’s Airdrop Campaign Ethena’s Season 3 airdrop campaign concluded on Sunday, March 23, marking the end of another reward phase for its community. With this conclusion, the claiming portal for these rewards could open soon, alongside hints of a new season. Since the recent launch of USDtb, Ethena’s airdrops have fueled interest in its stablecoin ecosystem. Notably, past Ethena airdrops drove price volatility, a pattern that suggests anticipation will build as the portal launch nears. AAVE Buybacks Rumors Another top crypto news this week concerns the Aave ecosystem. Rumors suggest AAVE buybacks are expected by March 31. The speculation stems from the recently passed tokenomics proposal. This could reduce circulating supply, potentially driving price appreciation if demand holds. Buybacks signal confidence in AAVE’s DeFi ecosystem, appealing to long-term holders. Nevertheless, chatter on X (Twitter) remains speculative, with no specific posts dominating. Still, the rumor aligns with AAVE’s governance momentum. Crypto market participants should verify updates via AAVE’s official announcements, as timing and scale remain unconfirmed. This could counter bearish pressure if executed, but the $AAVE price reaction will depend on broader conditions. Berachain’s Proof of Liquidity Another top crypto news item this week is Berachain’s Proof of Liquidity (PoL) consensus mechanism, which launches today, March 24. It introduces a novel staking and emissions model. With this launch, ecosystem dApps will now “bribe” validators for token rewards, incentivizing liquidity provision. This could reshape DeFi dynamics on Berachain, a bear-themed blockchain, attracting yield farmers and developers. Such an outcome would attract institutional capital, translating to a broader bullish sentiment. Participants should explore early dApps and monitor validator activity, as PoL’s success hinges on adoption. For now, traders and investors should look for BERA price volatility as the market tests this uncharted mechanism. Ethereum’s Pectra Upgrade Activation on Hoodi Ethereum’s Pectra Upgrade activates on the Hoodi testnet on Wednesday, March 26, making another top crypto news this week. The mainnet will deploy in late April following the recent delay. Pectra enhances scalability and staking efficiency, potentially boosting $ETH ’s appeal. As BeInCrypto reported, testnet success is critical—any hiccups could delay the mainnet rollout, impacting market sentiment. Ethereum’s Pectra Upgrade notably bears significant implications for stakers and dApp developers. A smooth upgrade could reinforce ETH’s dominance, while issues might temper optimism.

$BONK price surged 9% today amid broader market recovery and investor interest, but this is just a start as analysts predict a 150% rally. Unlike most meme coins, the Bonk price rally took time before getting in shape. Once it did, the price surged higher and higher, setting the ATH at $0.00005916 by 2024 end. However, since then, its struggles have been far more imminent due to high competition from newly launched meme-themed cryptocurrencies and the downtrend of the crypto market. Regardless, another rally is in formation, as the token attempted recovery this week. What’s happening? Let’s discuss. BONK Price Surges 30% With High Investor Demand With a strong downtrend, the BONK meme coin reached its bottom at the beginning of March, but a strong support uptrend soon followed. Since March 11, the BONK price has surged nearly 55%. In the last week alone, the token’s worth has grown by 30% and 9% in the last 24 hours. With that, it currently trades at $0.00001451 with a market capitalization of $1.13B, becoming the 52nd cryptocurrency in the market. This happened as the investors’ interest increased in the token—the 24-hour trading volume of $239.83M after more than a 100% surge, showcasing investor demand. However, analysts believe this is just the beginning of this popular Solana meme coin, and investors should buy it when the opportunity presents itself. Analysts Advise Investors to Buy BONK Despite Downfalls A crypto analyst with the pseudonym Altcoin Sherpa recently commented on the meme coins’ downfall, claiming that although these meme-based cryptos are smashed, they will eventually come back. This statement is made after considering the performance of this asset, which is continuously down with the ongoing crypto market downtrend. However, a few analysts claimed there would be no full recovery, but Sherpa has discarded such claims. In an X’s post, they revealed that hype or attention is driving these altcoins, and the lindy or old ones will make the earliest recovery. Interestingly, this includes Solana’s popular meme coin BONK, as the analysts advise others to buy it despite its crash before revealing that they have a bag of it. Soon after this remark, the BONK price also grew, increasing the credibility of recovery and rally prediction. BONK Price Prediction: Is a 150% Rally in Process? Analysts have often predicted a recovery for this digital asset, but the recent recovery has escalated the possibility of a rally. One analyst presented a highly bullish BONK price prediction, claiming that it is breaking the falling wedge pattern, which indicates a massive uptrend. A successful breakout could result in a 140-150% rally in the upcoming days, claims the expert. However, there’s also uncertainty around the token, as the seller’s dominance after this surge could result in a downtrend. Final Thoughts: Price Rally Just Began After a 30% surge over the week, the BONK meme coin currently stands at 76%, away from its ATH of $0.00005916. This surge came amid the broader crypto market recovery and high investor interest. A successful breakout from the current level could result in a new ATH, as analysts are bullish about the possibility of an uptrend. Investors must further analyze the performance and trade accordingly, keeping both bearish and bullish scenarios. Stay connected for further updates.

In an analysis published on Mar. 24, crypto analytics firm 10X Research highlighted the recent consolidation and shifting outlook of Bitcoin. Analysts initially expected a more severe correction after Bitcoin dropped below $95,000, confirming a breakdown from its ascending broadening wedge. However, a more favorable macro environment and improved technical indicators have led to a more optimistic outlook. One of the main causes of this shift in sentiment is the Federal Reserve’s recent policy position. The FOMC meeting went as expected, and the Fed signaled a willingness to look beyond short-term inflationary pressures. Analysts now predict rate cuts in the second half of the year, which supports a more favorable macro environment for risk assets like Bitcoin. Adding to the optimism, Donald Trump’s recent comments about the tariff announcements on April 2 demonstrate a softer stance than his prior statements. This shift could help Bitcoin sustain its recent stability by reducing short-term uncertainty. Bitcoin continues to encounter strong resistance between $90,000 and $92,000 despite these encouraging developments. 10X Research noted that until it exits this range, the larger market is likely to keep consolidating. Institutional investors are also being cautious ahead of important corporate earnings reports in April, which could affect the mood of the market as a whole. As at the time of press, Bitcoin is trading at $86,917, showing a slight upward momentum after rising from recent lows. Although confirmation is required, the MACD level points to a potential bullish shift. Bitcoin is neither overbought nor oversold, according to the RSI at 51, which indicates a neutral market. Bitcoin technical analysis With prices staying above significant levels, short-term moving averages support a bullish trend. The 100-day and 50-day moving averages, however, continue to suggest potential resistance and downward movement. There is currently no clear breakout from the Ichimoku Base Line, which is in line with the current price. The price is getting close to the midline, according to the Bollinger Bands, which could signal a breakout or rejection in the near future. To overcome the next resistance level, which is near $90,000, Bitcoin must rise above $87,000 to $88,000. If rejected, support can range from $84,500 to $85,000. Meanwhile, investor sentiment appears to be improving as last week saw the first inflows into Bitcoin exchange-traded funds since January. A more favorable macro environment and less selling pressure could support Bitcoin’s next upward move, despite the current risks. $BTC

💰 $BTC   /USDT 🔼 LONG ✳️ ENTRY - 88400 , 87800 , 87000 🎯 TARGETS - 88900 , 89260 , 89600 , 90100 , 92000 , 94000 🀄️ LEVERAGE -  cross 125x 🔴 STOPLOSS - 85000

Ethereum (ETH), the world’s second-largest blockchain by market capitalization, has seen its quarterly transaction fee revenue drop dramatically by approximately 95% from its all-time high in Q4 2021. This decline can be primarily attributed to a decrease in Layer 2 contributions, coupled with a significant dip in activity within the non-fungible token (NFT) market. What’s Driving the Drop in Ethereum’s Transaction Fee Revenue? Token Terminal highlighted this shift in the latest X (formerly Twitter) post. Based on their estimate, Ethereum’s transaction fee revenue for Q1 2025 is projected to reach approximately $217 million. This figure represents a dramatic 95% reduction from the all-time high of $4.3 billion recorded in Q4 2021. At that time, Ethereum’s revenue surged by 1,777% year-over-year, according to Bankless. It climbed from $231.4 million in Q4 2020 to $4.3 billion by the last quarter of 2021. Moreover, Ethereum’s DeFi ecosystem saw significant growth in Total Value Locked (TVL), decentralized exchange (DEX) volumes, NFT sales, and Layer 2 TVL. However, the dynamics have changed since then. This is evident from Ethereum’s recent performance. In 2025, monthly revenues sharply declined, with January recording $150.8 million and February only $47.5 million. Assuming the trend of declining transaction fees continues, March could also see similarly low figures. Furthermore, in the fourth quarter of 2024, Ethereum generated only $551.8 million in transaction fee revenue, emphasizing the continued downward trend. One of the major contributors to the decline is the shift to Layer 2 solutions. These have become increasingly popular for their ability to process transactions off-chain while settling on Ethereum’s mainnet. In addition, the activation of EIP-4844 has significantly reduced the data cost of posting to Ethereum’s chain, further lowering L2 fee contributions. According to a CoinShares report, this upgrade has made transactions cheaper but has also diminished the revenue Ethereum’s mainnet collects from L2 activity. “Layer 2-related fees, which were high in 2023 and early 2024, have since declined due to cost savings introduced by EIP-4844,” the CoinShares report read. The decline in NFT activity has also played a significant role. Q4 2021 marked the peak of the NFT craze, with platforms like OpenSea recording billions of dollars in monthly trading volume. Nonetheless, now the interest has waned, leading to a sharp drop in transaction volume and, consequently, fee revenue. ETH Suffers its Worst Quarterly Decline Since 2018 This decline extends beyond transaction fee revenue. The price of Ethereum has followed a similar downward trend. After reaching an ATH in November 2021, ETH has dropped substantially, now trading 58.8% below that peak. Even during the election euphoria, when many cryptocurrencies, including Bitcoin (BTC), saw new highs, Ethereum failed to keep pace. “ETH has experienced the sharpest decline in Q1, dropping by -40%, marking its biggest quarterly loss since 2018,” an analyst wrote on X. Over the past month alone, $ETH has fallen by 25.1%. As of press time, the altcoin was trading at $1,997, representing a slight gain of 0.45% over the past day.