Cryptocurrency
SOL Rebounds From $160, Targets 14% Move Toward $210: Solana Price Outlook

TL;DR
- Solana price rebounds from $160, forming higher lows with a $210 target on bullish charts.
- Whales moved over $40 million in SOL to exchanges, some locking in significant profits.
- Hong Kong approves Solana for retail trading, joining BTC, ETH, AVAX, and LINK on licensed platforms.
Price Recovery and Technical Setup
Solana (SOL) has climbed back from the $160 support level, touching $185 during the latest trading stretch. According to market watcher BitGuru, the price is tracking an upward trendline and could be on course for a 14% rise toward $210. The bounce follows a series of short pullbacks that failed to break the current uptrend.
$SOL strong recovery from the $160 support zone with price climbing to the current $184.73 level.
The market is maintaining an upward trendline targeting a potential 14% move toward the $210 resistance area. Momentum remains bullish after a successful rebound from pullbacks. pic.twitter.com/q3vAmC5GvK
— BitGuru (@bitgu_ru) August 11, 2025
On the 4-hour SOL/USDT chart, price action continues to form higher lows. This formation, as long as it is held, preserves the bullish trend.
Notably, the $210 projection reflects earlier patterns where consolidation phases eventually gave way to strong rallies. Failure to continue through the trendline would jeopardize the prospects, and a constant purchase would be enough to support the rally.
Market Snapshot
At the time of writing, SOL changes hands at $175, showing a 4% dip over the past day. Trading volume stands at $5.90 billion. Even with the daily loss, the token holds a 3% gain on the week.
Past moves on the chart show rapid runs followed by cooling periods. Current trading resembles the early stage of another push upward. Some traders are watching the $168–$170 zone for potential reactions if the market turns lower.
Whale Transactions and Liquidations
On-chain activity points to notable whale movements. Lookonchain data shows wallet CMJiHu transferred 96,996 SOL, about $17.45 million, to an exchange nine hours ago.
Another wallet, 5PjMxa, moved 91,890 SOL ($15.98 million) to Kraken, while HiN7sS sent 37,658 SOL ($6.73 million) to Binance, reportedly booking $1.63 million in gains.
Analyst CW reported that a large portion of high-leverage long positions in SOL have been cleared. Trader XO says he is watching the $168–$170 area for a response, while holding spot positions from previous lows and scaling short positions separately.
In a separate development, OSL HK, Hong Kong’s first licensed digital asset exchange, has secured approval from the Securities and Futures Commission to allow retail trading of Solana.
Meanwhile, this makes SOL the fifth asset cleared for retail in the region, alongside Bitcoin (BTC), Ethereum (ETH), Avalanche (AVAX), and Chainlink (LINK). The move broadens regulated access to Solana for Hong Kong’s retail market.
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Cryptocurrency
Incentiv Unveils Testnet Results, Future Plans, Community Rewards

In a press release shared with CryptoPotato, Incentiv, a Layer 1 (L1) EVM-compatible blockchain, has shared results from the ongoing testnet, along with a robust economic model that rewards network participants in proportion to their participation.
Community-Focused
Their consensus model is a contribution-scored Proof of Work (PoW), rewarding on-chain activity rather than mere capital inflow. Over 1.2 million wallets have been created on the testnet, with Incentiv laying the foundations of a permissionless network that users benefit from the more they contribute.
At the core of the its architecture is the Incentiv+ engine, a unified reward system that gathers portions of the value and fees from every transaction and places them into a communal Unified Reward Pool, which automatically distributes the rewards to network contributors.
Compensation for participation is proportionally allocated to all users, regardless of whether they’re a miner, developer, liquidity provider, or engage in any other activity that benefits the ecosystem. This differs from traditional models such as fixed block rewards, as the payouts here are linked to economic throughput.
To further catalyze the community-centric model, 26% of the total supply of the native token, $CENT, has been pre-loaded in a separate Community Rewards pool. This ensures that outsized rewards are available from day one, even before transaction volumes increase and transaction fees are taken into account.
Moreover, a Short-Term Growth Fund is available for selective enhancement of key activities or strategic initiatives in the initial phase. This aligns strategically with Incentiv’s economic model, which is designed to transition from a subsidy-driven to a self-sustaining model through fees.
Expanded Capabilities
The public testnet, which launched earlier this year, has gained popularity in a short timeframe, underscoring the interest in the novel approach to value creation. Thousands of challenges have been completed, and over 1.7 billion testnet $TCENT tokens have been distributed.
This reflects strong enthusiasm from developers and everyday users alike for the portfolio of products Incentiv offers, all grounded in Advanced Account Abstraction. Some other capabilities include:
- Unified token: flexible gas payments made possible by allowing fees in any supported token
- Passkey Wallets: passwordless, device-integrated, that improve security and the user experience
- Bundled Transactions: users can group multiple actions into a single signed transaction
- Native DEX: integrated decentralized exchange facilitating token swaps to cover fees or provide liquidity
- Open SDK: a toolkit for developers, allowing frictionless dApp sign-in, connecting users with Incentiv with just a few lines of code
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Cryptocurrency
We Asked ChatGPT, Grok and Claude: Is the XRP Bull Run in 2025 Over?

TL;DR
- ChatGPT, Grok, and Claude provide varied answers on whether the XRP bull run in 2025 will continue.
- The potential approval of the first spot XRP ETF in the US could also drive the price higher.
More Room for Growth?
Despite a slight price decline over the past 24 hours, Ripple’s XRP remains one of the top performers in the crypto market during this bull cycle. It currently trades at around $3.14 (per CoinGecko’s data), representing a whopping 470% price increase since November 2024.
Its rally in the last few months aligned with the overall resurgence of the cryptocurrency market, as well as the official conclusion of the Ripple v. SEC lawsuit, which had been dragging on for years. The key question here is whether XRP has enough fuel left in the tank for further gains. To estimate its potential chances, we decided to ask three AIs about their take on the matter.
ChatGPT answered the XRP’s bull run in 2025 is not over, outlining certain factors that point to continued upside. One of those includes the resolution of the aforementioned legal battle, which, according to the AI-powered chatbot, removed a major overhang and could help the asset’s price climb even further.
It also noted the recent accumulation from whales: an element that might also trigger a rally. As CryptoPotato reported, large investors purchased 900 million XRP (equivalent to $2.8 billion) in the span of 48 hours. Such acquisitions remove a large amount of coins from the open market and can push the price up if demand stays strong.
Grok also believes the bull run is not over. The AI chatbot built into the social media platform X said XRP’s price pattern has formed a bull pennant, which can be followed by a possible price explosion to as high as $20 in Q4 2025. Additionally, it pointed to the overall optimism among analysts and market observers. However, it didn’t rule out the possibility of a price collapse to $2.20 or even lower.
“Bearish scenarios include a failure to break key resistance levels or macroeconomic headwinds, which could lead to pullbacks toward $2.20 or lower.”
Lastly, we will observe Claude’s estimation. The language model chatbot said XRP’s bull run in 2025 “appears far from over,” adding that technical analysts believe the asset has not yet entered its “full bull” phase.
Similar to ChatGPT, it mentioned positive factors such as the $50 million settlement between Ripple and the SEC and the launch of the first futures-based XRP ETF in America earlier this year. Claude’s short-term target for XRP is in the $3.50-$3.75 range, whereas the medium-term ones stretch to as high as $11.20 by October 2025.
It is worth mentioning that Claude differs from other chatbots in a way where it aggregates user-generated internet entries and provides a summarized analysis based on them.
Waiting for This Event
One factor that may trigger an additional price increase for Ripple’s cross-border token is the potential approval of the first spot XRP ETF in the United States.
The investment vehicle will enable individuals to gain exposure to the asset directly through regular brokerage accounts. This easy access can attract more institutional and retail buyers, boosting demand and potentially driving XRP’s price higher.
Some of the well-known companies willing to file such a product include Grayscale, Franklin Templeton, 21Shares, ProShares, Bitwise, WisdomTree, and Canary Capital. According to Polymarket, the approval chances before the end of 2025 stand at 81%.
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Cryptocurrency
Hyperliquid Crushes the Competition With $97.7M in Fees – 35% of All Blockchain Fee Revenue

Hyperliquid led all blockchain networks in fee generation over the past 30 days.
Latest figures suggest that it recorded $97.7 million and accounting for 35% of total fees across chains.
Hyperliquid Dominates Fee Charts
Hyperliquid regularly allocates part of this revenue for HYPE token buybacks, contributing to upward price pressure. Tron ranked second with $58.8 million in fees, followed by Ethereum at $45 million, Solana at $41.1 million, Bitcoin at $16.3 million, and BNB Chain at $10.6 million.
Beyond fees, Hyperliquid emerged as a dominant force in Q2 2025, as it recorded $648 billion in trading volume for the quarter and $1.57 trillion over the past 12 months, according to CoinMarketCap’s recent report. The platform generated over $300 million in revenue during the period, and secured more than 60% of the perpetual DEX market, a performance which CMC estimates to be roughly 10 times stronger than its nearest rival.
Growth was driven by multiple factors, including the HYPE token airdrop and fair point system in late 2024, which boosted user engagement. Traders were also attracted to Hyperliquid’s streamlined interface, API, deep liquidity, and steady arbitrage opportunities.
High-profile figures such as James Wynn further amplified attention, while the platform’s HYPE token buyback and burn program supported price stability.
Meanwhile, VanEck analysts recently said that Hyperliquid has successfully “poached” high-value users from Solana, thereby challenging one of the latter’s long-standing strengths. For years, the bullish case for Solana rested on its strong ecosystem of builders utilizing its industry-leading transaction processing capabilities, which were expected to back strong trading activity.
However, VanEck noted that Solana has failed to deliver meaningful improvements to ramp up user experience in the perpetual futures (perps) sector, which created an opportunity for Hyperliquid to step in with a more advanced and user-friendly product.
HYPE Price Action
Over the past week, HYPE has seen a notable upward trajectory, starting near $39.27 on August 6 before dipping slightly in early trading. Momentum picked up on August 8, which led to a steady rally that pushed the price above $46 on August 11. This surge represented a gain of nearly 18% from the weekly low.
However, the rally was followed by a moderate pullback, as the token consolidated around the $42-$44 range. At the time of writing, HYPE is trading near $43.
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