UToday

Cardano (ADA) had $748M open interest, showing a 4% increase in 24 hours. Prices were down, but ongoing market analysis suggests a potential rebound due to oversold conditions.

JPMorgan predicts IREN shares could rise by 70%, upgraded to overweight. Bitcoin’s price drop caused IREN's lower performance. JPMorgan recommends an entry point for IREN. JPMorgan adjusted CIFR to neutral but keeps bullish stance on CLSK and RIOT. Bitcoin mining companies lost over $20 billion recently according to JPMorgan.

51nodes partners with World Mobile Chain to develop blockchain-powered solutions for Europe's industrial sector, focusing on tokenized assets and decentralized infrastructure. They aim to enhance security and drive efficiency in commercial applications, backed by a $5 million grant program for decentralized infrastructure projects.

Stellar (XLM) is currently standing out in the market recovery by decoupling from Bitcoin and outperforming other major cryptocurrencies. With a surge in trading volume and price rally, Stellar's upward momentum is fueled by the Soroban smart contract innovation. Despite impressive milestones, Stellar still needs to catch up with the market sentiment shift towards ETF filings.

The recent data shows a 112% spike in SHIB token burning over the last 24 hours, indicating community effort to enhance long-term value despite market conditions. SHIB price action saw volatility affected by inflation data, with SHIB currently at $0.00001223.

Polygon (POL) holders are facing losses due to price volatility. The downward trend has affected 99% of ecosystem addresses. Selling pressure grows as other altcoins struggle, and Polygon faces competition from other scaling solutions like Base and Arbitrum. The transition from MATIC to POL failed to revive prices, leaving investors concerned about future declines and liquidity outflows.