Cryptocurrency Hot News: Last Night-This Morning (April 26-27)

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Research 10x: Institutional FOMO, DeFi Fever, and Favorable Regulations Propel Altcoins Skyward

The cryptocurrency market experienced an explosive week with Bitcoin surpassing $95,000, driven by reduced macroeconomic risks, record inflows from ETFs, and a weakening USD. Altcoins also surged strongly due to institutional interest, ecosystem expansion, DeFi explosion, and favorable regulatory winds. Solana (SOL) increased 6.7% from institutional buying and meme coin activity. Ripple (XRP) and Polkadot also recorded growth despite legal risks and ETF approval delays.

Stellar (XLM) jumped 18.1% through partnerships with Asian retail giants. SUI rose 64.3% due to soaring DEX trading volume and stablecoin ecosystem expansion. Raydium Protocol (RAY) benefited from Solana on-chain meme coin incentive plans, increasing 27.9%. Aave (AAVE) grew 21.5% from buyback plans and GHO stablecoin growth.

Trump Token surged 86% after plans for a dinner with Trump, despite political controversies. After Algorand Foundation launched a decentralized ID project, ALGO price increased 18.4%. BONK rose 55.7% through Token issuance and Non-Fungible Token buybacks. Ondo increased 16.7% from positive SEC tokenization discussions.

The market is monitoring US macroeconomic data and Arizona's Bitcoin storage law. Loopscale, a Solana lending protocol, was attacked, losing 5.7 million USDC and 1,200 SOL. Bitcoin price growth after the 4th halving is 43.4%, significantly lower than previous halvings.

Analysis suggests Bitcoin could potentially reach $285,000 by 2030 if stablecoin supply increases, according to Citibank predictions. The market is focusing on upcoming non-farm labor data and consumer price index.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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