Altcoin
$WEPE Presale Raises $61M as Ethereum Whales Invest Billions

Top Ethereum Layer-2 networks (L2s), including Base, Optimism, and Arbitrum, are ready to give up millions of dollars in revenue to make the ecosystem more interconnected.
Fragmentation has been a long-standing issue with Ethereum. There are too many L2s that don’t interact smoothly (if at all) and are overly centralized.
‘Based’ and ‘native’ rollups could fix this.
In light of the anticipated upgrade, whales have been accumulating $ETH at an unprecedented rate – over $3.8B in two days.
Let’s unpack how this news may impact the ecosystem.
The Cost of Security: What Are Based & Native Rollups?
Core Ethereum developer Justin Drake proposed the concept of based rollups in 2023. Currently, L2s like Arbitrum and Optimism rely on siloed sequencers to process transactions faster at the cost of decentralization.
Based rollups would return transaction processing to the Ethereum mainnet, which means they would be validated by all nodes instead of a single sequencer.
Likewise, native rollups create optimized environments within the Ethereum base layer as opposed to processing data off-chain and submitting results to the mainnet.
These improvements, however, would compromise transaction speeds – decentralized sequencing will increase block times to roughly 12 seconds versus its current 1 second.
On top of that, L2s would lose a substantial part of the revenue they generate from gas fees. Still, it appears that L2 executives don’t mind these trade-offs for the sake of the ecosystem’s security and unity.
While Ethereum struggled with scalability and decentralization lately, whales are hopeful about the ecosystem’s future.
In the past two days, whales bought $3.8B worth of $ETH. This includes Trump’s family venture World Liberty Financial, which spent $20M on Saturday and brought its $ETH portfolio to $193M.
Interestingly, the Ethereum Foundation went against the trend and sold $14M worth of $ETH since January 2, including $308K a few hours ago.
Wall Street Pepe ($WEPE) Could Lead Ethereum Altcoin Bull Run
Ethereum’s upgrade may benefit the price of $ETH and all altcoins in the ecosystem.
One new Ethereum-based project that’s been rapidly gaining traction is Wall Street Pepe ($WEPE), a worthy contender to the original $PEPE (which recently lost ground to Trump’s official meme coin and has shown it isn’t that hard to beat).
The $WEPE presale launched in late 2024 and raised over $61M. WEPE’s relatable mission is the most likely reason for such early success.
Whales like governments, banks, and wealthy individuals can manipulate the market to their advantage due to the sheer amount of funds they hold. Even worse, they may conspire with insider groups to amplify their influence.
$WEPE assembles an army of ‘thirsty degens’ – retail investors who want to level the playing field. Together, $WEPE followers will share tested trading strategies and market insights to crush the bull run.
Only 20 days remain to buy $WEPE and join the frog battalion. One $WEPE now costs $0.0003665, which is the final price before the presale ends, and early adopters will claim their tokens.
The project sets the bar high with CEX listings in sight, so $WEPE might soar to $0.0013 if it maintains the momentum.
Final Remarks
Achieving efficiency, decentralization, and interoperability all at once is no easy task. Ethereum now prioritizes the latter two, and only time will tell whether it’s the right decision.
Still, whale activity shows that the community approves of this strategy.
Positive developments are likely to benefit the entire ecosystem, including early-stage altcoins like $WEPE.
Meanwhile, we remind you to do your due diligence. Don’t fall victim to FOMO and FUD – keep a cool head and diversify your investments.
Altcoin
Solana Price Eyes Recovery Toward $180 As Whales Buy the Dip

Solana price experienced a sharp decline, reaching a multi-month low of $126.15. This represented a 57% drop from its highest value this year. However, the cryptocurrency rebounded to $145 following a major purchase by SOL whales.
Solana Price Stabilizes After Crash – Is a Rally to $180 Possible?
Solana price saw a major decline, falling from its yearly peak of $295 to $126.15. This drop marked its lowest level since September 6. The decline also led to a breakdown below the $170 support level.
Meanwhile, a Solana whale purchased $14 million worth of SOL, withdrawing it from Binance and staking the tokens. The accumulation occurred before a $1.75 billion token unlock, a typically bearish event. The purchase helped ease sell pressure and contributed to the slight SOL price recovery.
Despite the rebound, Solana price remains below key resistance levels. If the bullish momentum continues, traders target the $170 level as a short-term target. A breakout beyond this level could push SOL toward the $180 mark.
Meanwhile, according to a recent report, CME Group announced plans to introduce Solana (SOL) futures on March 17, subject to regulatory approval. This move positions Solana alongside Bitcoin and Ethereum as one of the few cryptocurrencies with futures trading on the platform. Market analysts suggest that the launch could strengthen the case for a potential Solana ETF in the future.
Solana’s Total Value Locked Declines by Nearly 50%
Solana’s total value locked (TVL) has dropped significantly in recent weeks. The TVL, which peaked at $12.19 billion, has now declined to $6.94 billion. The drop reflects lower investor confidence and reduced capital inflow into Solana-based decentralized finance (DeFi) projects.
The decline in TVL has been linked to the crash of top Solana-based meme coins. The market cap of Solana meme coins fell from $25 billion in January to $8.9 billion. This shift in capital has negatively affected the Solana network’s liquidity and overall market position.
While TVL remains under pressure, some Solana-based meme coins have started to recover. The overall DeFi activity on the network will be a key factor in determining the future movement of Solana price.
Key Resistance Levels to Watch
Solana price is approaching a critical resistance zone between $147.09 and $166.42. This area represents a fair value gap in the market. If SOL breaks above this range, it could signal a stronger recovery toward the $180 resistance level.
Supporting the bullish move by SOL whales, technical indicators suggest increasing momentum in favor of buyers. The Parabolic SAR (Stop and Reverse) indicator, displayed as dots above and below the price action, has shifted below the recent candles. This shift indicates a potential reversal from the previous downtrend. As long as the dots remain below the price, it suggests that buyers are in control, and the uptrend may persist.


Similarly, the Moving Average Convergence Divergence (MACD) indicator and its histogram reinforce this bullish outlook by SOL whales. The MACD line has crossed above the signal line, which is a classic bullish crossover indicating strengthening upward momentum.
Additionally, the histogram bars have turned positive and are expanding, confirming buying pressure. If the momentum sustains, Solana price might break key resistance levels toward $180.
More so, according to analysis, SOL price has shown signs of stabilization after crashing 40% and reaching extremely oversold levels. Historically, such deep RSI drops have often preceded price reversals, hinting that Solana price could regain upward momentum.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
Here’s Why Dogecoin Price Could Hit $10 This Cycle

Crypto analyst DOGECAPITAL has predicted that the Dogecoin price can hit $10 in this market cycle. The analyst drew similarities between the DOGE’s current price action and that of the previous bull cycles to explain why the meme coin can reach this price target.
Why The Dogecoin Price Could Hit $10 In This Cycle
In an X post, DOGECAPITAL predicted that the Dogecoin price could hit $10 in this cycle and alluded to previous cycles as to why he is confident that DOGE can reach this price level. He remarked that the weekly Dogecoin chart highlights the price action of the previous two cycles.
As part of his analysis of this weekly chart, he noted that every fourth year, the top meme coin retests the same line (which he highlighted on his accompanying chart) before beginning the second phase of its parabolic move.
The Dogecoin price also looks to be performing better than previous bull cycles. The analyst mentioned that in 2024, DOGE had its best third-year performance, increasing 3.5 times in price, compared to 1.5 times in 2016 and 2.5 times in 2020.
DOGECAPITAL added that this explains why the current pullback for the Dogecoin price appears larger than the previous two cycles. However, based on history, the analyst opined that DOGE will hold around this line on the weekly timeframe, which is approximately $0.20.
Once this consolidation period is complete, the crypto analyst stated that Dogecoin is expected to move towards $1.70. This move will mirror previous cycles in which the meme coin hit the same parallel resistance level. DOGECAPITAL remarked that the second parabolic upward phase is likely to begin in the coming weeks.
DOGE’s Rally To $1 Could Happen Soon
Crypto analyst Trader Tardigrade also suggested that the Dogecoin price rally to $1 could happen soon. He noted that DOGE’s Relative Strength Index (RSI) has hit a critical level, potentially driving a massive rally. The analyst added that the next target of $1 remains unchanged.
In another X post, he revealed that Dogecoin was repeating a bullish historical pattern. In line with this, he assured market participants there is no reason to be bearish at this level. Instead, he advised them to focus on the big picture for the DOGE price.
DOGE whales look to be anticipating this Dogecoin price rally and are already accumulating more coins. Crypto analyst Ali Martinez revealed that these whales have bought 530 million DOGE in 72 hours.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
Shiba Inu To Benefit Big From Ethereum’s Pectra Upgrade

In a post on X, Shiba Inu marketing lead Lucie (@LucieSHIB) highlighted the potential impact of Ethereum’s forthcoming “Pectra” upgrade on Shibarium, the layer-2 (L2) solution built by the Shiba Inu ecosystem. Slated for release in April 2025, the Pectra upgrade merges two planned improvements—Prague (execution layer) and Electra (consensus layer)—into a single overhaul designed to enhance scalability, staking, and user experience on the Ethereum network.
How Shiba Inu Will Benefit From Pectra
Lucie underscored several benefits that Ethereum’s evolution could bring to L2 platforms like Shibarium. In her post, she noted that the upgrade “will make Layer 2 solutions faster, cheaper, and easier to use,” thanks in large part to innovative features aimed at reducing friction and improving accessibility. She elaborated: “Users won’t need ETH for gas fees when moving assets, reducing costs and friction.”
Moreover, there will be easier onboarding. New users can start using Layer 2 networks without first acquiring ETH, lowering entry barriers. Ultimately, the Pectra upgrade could result in a higher adoption of Shiba Inu.
“Flexible gas payments and better user experience mean more people will use L2s, driving growth and efficiency. This upgrade makes Ethereum’s ecosystem more accessible and affordable, giving Layer 2 solutions a huge boost,” Lucie concludes.
Ethereum’s Pectra upgrade combines multiple enhancements designed to streamline the blockchain’s core operations and bolster its efficiency. This includes account abstraction (ERC-4337) which enables gas fees to be paid in any ERC-20 token rather than just ETH.
According to Shibarium Updates (@Shibizens), this could open the possibility of using Shiba Inu ecosystem tokens—SHIB, BONE, or TREAT—for transaction fees on Ethereum, though actual adoption will hinge on wallet and protocol support.
Moreover, under Pectra, validators can stake up to 2,048 ETH—a major jump from the current 32 ETH requirement. While this increase could make large-scale staking more straightforward, it also raises questions about centralization if a smaller number of validators accumulate disproportionate amounts of stake.
Planned improvements to the Ethereum Virtual Machine (EVM) aim to reduce computational costs and accelerate execution times, making transactions cheaper for users. This, in turn, could enhance the affordability of L2 activity, benefitting Shibarium and other rollup-based solutions. A new data structure, Verkle Trees optimize how information is stored and validated on-chain, cutting down on node storage requirements and thus enabling smoother network operation.
PeerDAS (Peer Data Availability Sampling), designed to bolster L2 rollups by lowering costs and increasing throughput, could give solutions like Shibarium’s L2 an even stronger competitive advantage by improving how off-chain data is handled and secured.
While the potential for SHIB, BONE, or TREAT to become viable gas fee currencies exists, besides several performance improvements for Shibarium, experts caution that wide adoption of such functionality will rely on the active participation and support of wallet providers, decentralized applications (dApps), and broader Ethereum infrastructure. “[It] depends on adoption by wallets and protocols,” @Shibizens concludes.
At press time, SHIB traded at $0.00001329.

Featured image from Shutterstock, chart from TradingView.com
-
Market19 hours ago
XRP Price Wobbles at $2.00—Will Bulls Step In to Save The Week?
-
Market23 hours ago
Onyxcoin (XCN) Drops 23% After January Rally
-
Market22 hours ago
Pi Network (PI) Might See a Major Price Correction Soon
-
Regulation21 hours ago
Will the SEC Dismiss XRP Lawsuit After Closed-Door Meeting?
-
Market20 hours ago
Crypto AI Agents Market Shows Mixed Signals Amid New Launches
-
Altcoin20 hours ago
BTC Taps $79K Low, ETH Loses $2,200
-
Bitcoin19 hours ago
What $6B Means for Prices
-
Regulation13 hours ago
Upbit Operator Dunamu Files Appeal Against FIU Over New Customer Transaction Suspension
✓ Share: