Market
Top 3 Crypto Narratives to Watch For the Last Week of February

Automated Market Makers (AMMs), BNB Ecosystem Coins, and AI are the top three crypto narratives to watch for the last week of February. AMMs are facing a challenging week, with all top seven coins in red, but potential catalysts like Unichain’s growth and competition in Solana’s DEX space keep them relevant.
The BNB ecosystem is gaining momentum with CZ’s renewed advocacy, an AI-focused roadmap, and surging activity on PancakeSwap. Meanwhile, the AI narrative is showing mixed signals. While the broader AI crypto market struggles, projects like Story (IP), CLANKER, FORT, and BNKR are capitalizing on niche use cases.
Automated Market Makers (AMMs)
AMMs coins have had a rough week, with all seven top seven coins in red. Automated Market Makers are decentralized exchanges that allow users to trade digital assets without using a traditional order book.
They rely on liquidity pools, where users provide funds that facilitate trading and earn fees in return. This model enhances liquidity and removes the need for centralized intermediaries, making AMMs a crucial part of decentralized finance (DeFi).
RAY is the biggest loser among the top AMMs. Rumors about Pumpfun launching their own AMM solution could impact Raydium’s usage and fee generation, causing its price to fall almost 30% in just 24 hours.

UNI and CAKE are both down 15%, as the market doesn’t seem excited about Uniswap’s new chain, Unichain. Additionally, CAKE is correcting after its recent surge alongside the rising BNB ecosystem.
However, RAY continues to be a dominant force in Solana, which could lead some users to question whether the recent drop isn’t an overreaction.
Chris Chung, founder of Solana decentralized exchange aggregator Titan believes that this could be good for the Solana ecosystem after all.
“The fact that pump.fun is developing its own automated market maker (AMM) is no surprise – it’s an obvious business move. They’ve created so much volume with meme coin trading that it was only a matter of time before they built infrastructure to take advantage of the fees. This creates competition for Jupiter and Meteora, but Raydium is the most affected, given meme coins make up the majority of the volume on Raydium,” Chung told BeInCrypto.
Also, Unichain is in its early days, and a new altcoin season could boost its usage. Additionally, the BNB ecosystem appears to have built good momentum in the last few weeks, which could set the stage for a CAKE price recovery.
All that combined makes AMMs one of the most interesting crypto narratives for this week.
“Now that competition in the Solana DEX space is heating up, exchanges will likely start competing for token listings. Some expect this to lead to lower fees, but I believe we’re more likely to see other incentives, like revenue sharing, token allocations beyond liquidity pool fees, or advertising support. DEXs have large treasuries and we’re going to see them dipping into these to make their offering stand out,” said Chung.
BNB Ecosystem Coins
BNB chain has been in the spotlight recently as CZ has renewed his advocacy for the network. The chain introduced an AI-focused roadmap and a new solution to make it easier for users to launch new coins.
These developments for the BNB chain also align with other crypto narratives, such as meme coins and artificial intelligence.
PancakeSwap, the largest decentralized exchange on the BNB ecosystem, experienced a surge in fees, jumping from $2 to $3 million in early January to consistently staying above $4 million and even reaching $18 million on some days since January 16.
This growth reflects increased activity and interest in the BNB chain.

The chain has also seen the rise of trending meme coins, such as BROCCOLI, inspired by CZ’s dog, and TST, which has become one of the biggest native meme coins on the BNB chain.
If this momentum continues, it could attract more builders and new coins to the chain, benefiting existing products and altcoins within the ecosystem.
Artificial Intelligence
Although several AI coins are struggling, with RENDER, FET, and VIRTUAL all registering double-digit losses in the last seven days, some specific segments are managing to rise despite the overall narrative correction.
Story (IP) is a standout performer, up roughly 120% in the last week. It has become one of the most trending altcoins and quickly reached a $1 billion market cap. Similarly, CLANKER, one of Base’s biggest coin launchpads, is up 111%, reaching its highest price levels since early January 2025.

FORT is up 49%, leveraging on its security crypto firewall following the Bybit hack. BNKR has also gained 43%, capitalizing on the narrative around crypto AI agents and crypto companions.
Maybe the market is signaling that merely branding as an “AI coin” isn’t enough anymore. This shift could open up more space for coins that are becoming more specific about their use cases and not just defining themselves as a “crypto AI framework” or a “crypto AI agent coin.”
The post Top 3 Crypto Narratives to Watch For the Last Week of February appeared first on BeInCrypto.
Market
Strategy’s 12% YTD Yield and $555M Acquisition

Welcome to the US Morning Crypto News Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee to see what experts say about Bitcoin’s (BTC) price amid recovery efforts. The status of Bitcoin as a hedge against inflation and economic uncertainty is progressively becoming questionable, with institutional influence adding to the concerns.
Can Strategy’s $555 Million BTC Purchase Send Bitcoin Past $90,000?
Michael Saylor, the chairman of Strategy (formerly MicroStrategy), revealed the firm’s latest Bitcoin purchase, comprising 6,556 BTC tokens worth approximately $555.8 million. With this, the firm has attained a Bitcoin yield of 12.1% year-to-date (YTD) in 2025.
“MSTR has acquired 6,556 BTC for ~$555.8 million at ~$84,785 per bitcoin and has achieved BTC Yield of 12.1% YTD 2025. As of 4/20/2025, Strategy holds 538,200 BTC acquired for ~$36.47 billion at ~$67,766 per bitcoin,” Saylor shared.
Strategy uses the Bitcoin Yield YTD to measure the BTC holdings per share increase. This model has been a key part of their financial strategy firm since their first Bitcoin purchase in August 2020.
This acquisition aligns with a bullish market sentiment for Bitcoin, which is steadily nearing the $90,000 milestone, as the recent US Crypto News indicated.

Despite a mild recovery in Bitcoin prices this week, up by over 3% in the last 24 hours, it is worth noting that Bitcoin is highly sensitive to economic indicators.
Similarly, the global market is highly sensitive to monetary policies set by major economies, particularly the US. BeInCrypto contacted Paybis founder and CEO Innokenty Isers for insights on the current market outlook, particularly for Bitcoin.
“Given the strong concentration of investors in technology stocks, shifts in trade policies and government interventions that influence key indices like the Nasdaq Composite create ripple effects across financial markets,” Isers told BeInCrypto.
According to the Pybis executive, since the US Presidential inauguration, the outlook of Bitcoin has changed from a trusted hedge against inflation to a more risk-on asset.
“With its relatively higher volatility, risk-averse investors may favor alternative inflation hedges instead of Bitcoin,” he added.
Iners expressed cognizance of the longer stretch of the trade war and the potential inflation that will emerge. Based on this, he noted that capital allocation to Bitcoin as a hedge against economic instability might be reduced.
Strategy’s Stock Premium Narrows as Bitcoin Hype Cools
Meanwhile, Strategy has seen a significant shift in its stock valuation dynamics over the past year. Saylor recently revealed that as of Q1 2025, over 13,000 institutions and 814,000 retail accounts held MSTR directly.
“An estimated 55 million beneficiaries have indirect exposure through ETFs, mutual funds, pensions, and insurance portfolios,” Saylor added.
According to data on Bitcointreasuries.net, the premium investors once paid for exposure to its Bitcoin holdings has notably narrowed.
Specifically, the NAV multiplier, a measure of how much the stock trades above the value of Strategy’s Bitcoin assets, has decreased compared to last year. This indicates that MSTR is now trading closer to the actual value of its Bitcoin reserves.
In 2024, investors were willing to pay a substantial premium for MSTR shares, driven by Bitcoin’s hype and MicroStrategy’s aggressive accumulation strategy.
“I don’t know if buying strategy equity is a good idea for the government. The stock would just pump, and it’s likely trading at a premium over NAV with a higher risk profile. Also, I believe the gov will find it difficult to find institutions that would be willing to sell their BTC in large quantities,” an analyst said recently.
The shrinking NAV multiplier suggests a more cautious market sentiment. Analysts believe this reflects a shift toward valuing MicroStrategy based on its fundamentals rather than speculative Bitcoin enthusiasm.
This suggests a maturing market approach to the company’s unique investment strategy.
Chart of the Day

This chart shows how Strategy’s stock price (blue) moves with Bitcoin price (orange). When Bitcoin goes up, MicroStrategy usually follows, but it swings even more.
However, the NAV multiplier has narrowed compared to last year, meaning MicroStrategy’s stock is now trading closer to the actual value of its Bitcoin holdings.
Last year, investors paid a bigger premium for exposure to MSTR, but that gap has shrunk. This suggests a more cautious sentiment or a shift toward valuing the company based on fundamentals rather than just Bitcoin hype.
Byte-Sized Alpha
- Bitcoin ETFs saw modest $15 million inflows, a shift from the previous $713 million outflows, but the smallest influx of 2025, signaling cautious investor sentiment.
- XRP’s futures market shows a bullish shift with long positions exceeding short bets, signaling potential price increases.
- Accumulation signals from whale activity and consolidation at $0.60 indicate a possible rally for Pi Network, despite concerns about the lack of exchange listings and use cases.
- Solana surpasses Ethereum in staking market cap with $53.15 billion, driven by higher staking yield and 65% of supply staked.
- Bitcoin whales accumulated 53,652 BTC worth $4.7 billion in a month, pushing the price to $87,463, but long-term holder profits hit a two-year low.
- PlanB criticizes Ethereum as centralized and pre-mined, citing PoS, tokenomics, and a flexible supply as key red flags.
- Decentraland’s (MANA) price has surged over 10% in 24 hours, hitting a two-month high of $0.31.
Crypto Equities Pre-Market Overview
Company | At the Close of April 17 | Pre-Market Overview |
Strategy (MSTR) | $317.20 | $323.49 (+1.98%) |
Coinbase Global (COIN) | $175.03 | $175.85 (+0.46%) |
Galaxy Digital Holdings (GLXY.TO) | $15.36 | $15.12 (-1.41%) |
MARA Holdings (MARA) | $12.66 | $12.83 (+1.34%) |
Riot Platforms (RIOT) | $6.49 | $6.52 (+0.54%) |
Core Scientific (CORZ) | $6.61 | $6.59 (-0.27%) |
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
PI Token Price Faces Bearish Pressure, Risking a Drop to $0.40

PI has been on a steady downtrend since February 26, shedding 72% of its value as bearish sentiment continues to weigh on the token.
Bearish pressure continues to mount on the PI token, suggesting that it may be poised to enter a new phase of decline.
PI Network Risks Fresh Decline
An assessment of the PI/USD one-day chart reveals that token holders remain steadfast in their distribution. At press time, PI’s Balance of Power (BoP) is negative, reflecting the selling pressure in the market.

The BoP indicator measures the strength of buying versus selling pressure by comparing the close price to the trading range within a given period. When BOP is negative like this, it indicates that sellers are dominating the market, suggesting downward pressure on the asset’s price.
Further, the setup of PI’s Chaikin Money Flow (CMF) supports this bearish outlook. At press time, this is below the central line at -0.12.

The CMF indicator measures an asset’s buying and selling pressure. A negative CMF reading suggests that the asset is experiencing more selling pressure than buying pressure. This means PI traders are distributing rather than accumulating. This signals bearish sentiment and confirms the downward momentum in the token’s price.
Sellers Tighten Grip on PI, But Recovery to $1.01 Still on the Table
At press time, PI trades at $0.63, below the dynamic support formed above it at $0.93 by its Super Trend indicator.
The Super Trend indicator helps traders identify the market’s direction by placing a line above or below the price chart based on the asset’s volatility.
When an asset’s price trades below the Super Trend line like this, it signals a bearish trend and hints at potential decline. If PI’s decline strengthens, it could revisit its all-time low of $0.40.

However, if demand returns to the PI market, its price could break above the resistance at $0.86 and surge to $1.01.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
Circle, BitGo, and Others Eye Bank Charters in US

With support from Trump’s White House and easing regulations, firms like Circle and BitGo are pursuing becoming full-fledged financial institutions.
Reports indicate a new wave of crypto companies knocking on the once-closed doors of the American banking system. This time, someone is listening.
Crypto Firms Seek Bank Charters as Wall Street’s Doors Reopen
After years of being sidelined, crypto companies are coming back, this time through the front door of the US banking system.
Citing sources familiar with the matter, the Wall Street Journal revealed that several major players, including Circle and BitGo, are preparing to apply for bank charters or financial licenses.
Traditional banks are also responding to the shift. US Bancorp is re-launching its crypto custody program via NYDIG, while Bank of America (BofA) said it would issue its stablecoin once the legal framework is in place.
Even global giants are watching closely. A consortium including Deutsche Bank and Standard Chartered is evaluating how to expand crypto operations into the US.
While details remain scarce, the interest signals that crypto is no longer just a niche but a competitive frontier.
These firms reportedly aim to operate with the same legitimacy and access as traditional lenders. This includes holding deposits, issuing loans, and launching stablecoins under regulatory supervision.
The timing is not random. A sharp pivot in federal policy, driven by President Trump’s pledge to make the US a Bitcoin superpower, has reopened regulatory pathways once shut after the FTX collapse.
In parallel, Congress is advancing stablecoin legislation requiring issuers to secure federal or state licenses.
The push for bank status comes amid a broader effort to legitimize crypto within US finance. Earlier this year, regulators rolled back key restrictions. Among them, the SEC’s controversial SAB 121, which had blocked banks from holding crypto on behalf of clients.
Meanwhile, Federal Reserve (Fed) Chair Jerome Powell affirmed that banks could serve crypto customers provided proper risk management strategies exist.
In another regulatory green light, the Office of the Comptroller of the Currency (OCC) clarified that banks can offer stablecoin and custody services. However, this is provided they comply with established banking rules.
These signals have emboldened crypto firms previously kept at arm’s length. Anchorage Digital, the only US crypto-native firm with a federal bank charter, says the regulatory lift is massive but worth it.
“It hasn’t been easy… the whole gamut of regulatory and compliance obligations that banks have can be intertwined with the crypto industry,” Anchorage CEO Nathan McCauley reportedly admitted.
McCauley cited tens of millions in compliance costs. Nevertheless, Anchorage has since collaborated with BlackRock, Cantor Fitzgerald, and Copper for high-profile custody and lending programs.
BitGo, which will reportedly custody reserves for Trump-linked stablecoin USD1, is nearing a bank charter application.
Circle, the issuer of USDC, is also pursuing licenses while fending off competition, just like Tether. This is a traditional finance (TradFi) venture into stablecoins.
The firm delayed its IPO this month, citing market turmoil and financial uncertainty. However, insiders say regulatory clarity remains a top priority.
Firms like Coinbase and Paxos are exploring similar routes, considering industrial banks or trust charters to expand their financial offerings legally.
At the policy level, venture firm a16z has called on the SEC to modernize crypto custody rules for investment firms, reflecting the industry’s hunger for clarity and parity.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
-
Market23 hours ago
Dogecoin Defies Bullish Bets During Dogeday Celebration
-
Bitcoin11 hours ago
US Economic Indicators to Watch & Potential Impact on Bitcoin
-
Altcoin23 hours ago
Expert Predicts Pi Network To Reach $5 As Whales Move 41M Pi Coins Off Exchanges
-
Market21 hours ago
Will XRP Break Support and Drop Below $2?
-
Bitcoin20 hours ago
Bitcoin LTH Selling Pressure Hits Yearly Low — Bull Market Ready For Take Off?
-
Bitcoin17 hours ago
Here Are The Bitcoin Levels To Watch For The Short Term
-
Market14 hours ago
Bitcoin Price Breakout In Progress—Momentum Builds Above Resistance
-
Market11 hours ago
Vitalik Buterin Proposes to Replace EVM with RISC-V