USD1, a self-proclaimed “World Liberty Financial USD” stablecoin, launched on BSC today. While there has been no official announcement from the Trump Family-linked project itself, leading market maker Wintermute interacted with this stablecoin.

Former Binance CEO Changpeng “CZ” Zhao commented on this asset, but only in minimal detail. So far, there’s no clear proof of an actual Trump connection.

Is World Liberty Financial Launching a Stablecoin?

Binance, the world’s largest crypto exchange, may be on the verge of a big business move. Last week, reports alleged that the firm was in talks with WLFI to launch a new USD-backed stablecoin while the Trump family would buy a stake in it.

Today, the crypto community first noticed USD1, an alleged WLFI stablecoin on Binance Smart Chain (BSC):

“The Trump Family Foundation just issued a stablecoin on BSC, and the market-making agency Wintermute also participated in it. I guess the Trump Family Foundation found that stablecoins are still profitable and wanted to make stablecoins, so it would be perfect to set up an exchange and invest in it!” claimed Old Driver.

This Wintermute angle made the issue particularly enticing. Wintermute is a high-profile crypto market maker with a daily trading volume of over $2.24 billion.

Earlier this year, it did business with Binance and previously invested in Ethena Labs. Given Wintermute’s reputation, the crypto community is speculating that World Liberty Financial might be involved with this stablecoin.

Changpeng “CZ” Zhao, former CEO of Binance, noted that USD1’s smart contract was first deployed 20 days ago and welcomed the token to BNB Chain.

Shortly afterward, however, he warned the community that the USD1 name was being used in scams.

“I was told since this post, a lot of scammers created coins with the same name. The official USD1 is not tradable yet. Please do not fall for the scams,” CZ added.

Despite referring to “the official USD1,” CZ’s statement isn’t a clear indicator of any official partnership between Binance and World Liberty Financial.

Several social media commentators with substantial followings responded to his posts, warning that the market may take his spontaneous posts completely out of context. CZ’s “off the cuff” posting style could create misunderstandings.

“You still don’t understand the influence of your tweet. Most people actually don’t know that you’re just spontaneous with your tweets,” Ben Todar,

Neither WLFI nor Binance has officially commented on this stablecoin or acknowledged any kind of partnership and pushed back on previous allegations that one exists.

For now, the space will have to keep a close eye on USD1 and await further developments.

Solana (SOL) is up nearly 9% in the last 24 hours, climbing above $140 for the first time since March 8, despite BNB surging to become the biggest chain in DEX volume last week.

While price action has strengthened, Solana’s market still shows mixed signals, with some large investors remaining cautious. Traders are now watching key resistance and support levels to gauge whether SOL can sustain its rally or face a potential pullback.

Solana RSI Rise Above 70 For The First Time Since March 2

Solana’s RSI has surged from 52.46 yesterday to 72.91 today, marking the first time it has entered overbought territory since March 2.

This sharp rise signals a sudden acceleration in buying momentum after nearly two weeks of neutral readings hovering around the mid-50s.

The breakout above the 70 level suggests a notable shift in sentiment, as traders have pushed SOL into a more aggressive bullish stance.

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It helps traders identify potential overbought or oversold conditions.

Typically, an RSI value above 70 is considered overbought, indicating that an asset may be due for a corrective pullback. Readings below 30 are viewed as oversold, suggesting possible upside reversals. Solana’s RSI, currently at 72.91, highlights a strong bullish push but also raises caution about a potential short-term correction as BNB overtakes Solana in DEX volume.

Given that SOL had been trading in a neutral zone for the past 12 days, this sudden spike could either mark the start of a stronger rally or signal a temporary overheating in price momentum.

SOL Whales Are Still Hesitant

The number of Solana whales – wallets holding at least 10,000 SOL – is currently at 5,019, slightly down from the recent peak of 5,041 recorded on March 18.

This fluctuation highlights ongoing shifts in large-holder behavior, as whale activity has yet to stabilize fully. While the recent whale count remains elevated compared to earlier levels this month, it still suggests hesitation among large investors to re-enter the market fully.

Tracking whale activity is crucial because these large holders often significantly influence market trends and liquidity. An increase in whale addresses can indicate accumulation and growing confidence, while a decline may signal distribution or caution.

With the current whale count showing signs of volatility and retreating slightly from recent highs, it suggests that major players are still uncertain about Solana’s short-term direction.

Until this number shows more consistent growth, it could imply that SOL’s price may remain sensitive to fluctuations and lack the solid backing typically seen during stronger bullish trends.

Can Solana Sustain The Current Levels?

Solana’s EMA lines recently confirmed a golden cross, signaling the potential for a bullish continuation. Further golden crosses may form soon.

If the current uptrend strengthens, Solana’s price could rise to challenge the resistance at $152.90 and, if momentum persists, extend gains toward the $180 mark.

Despite concerns within the community regarding the competition between PumpFun and Raydium, Chris Chung, founder of Solana-based swap platform Titan, argues that this rivalry could actually benefit Solana’s broader ecosystem:

“Pump.fun launching its own DEX was inevitable as they believe they have a strong enough brand now to eliminate the Raydium tech stack and collect AMM fees themselves. In addition, Raydium announced plans for its own launchpad, showing that competition in the Solana ecosystem is heating up – and fast. It’s great to see new players enter with ideas to improve the speed and usability of end users. This type of competitive behavior helps build robust financial products and DeFi protocols and simply makes Solana’s activity grow,” Chung told BeInCrypto.

However, if bullish momentum weakens and the uptrend reverses, SOL could retest key support at $136.71.

A break below this level could expose Solana to further downside, with a target of $120 and potentially $112 if selling pressure intensifies.

Crypto whales have been actively accumulating Litecoin (LTC), Uniswap (UNI), and Virtuals Protocol (VIRTUALS) heading into the final week of March.

These three altcoins have all seen a noticeable uptick in large-holder activity over the past few days. Whale accumulation often signals growing confidence and can drive stronger price movements. Here’s a closer look at the key levels and trends shaping each of these altcoins right now.

Litecoin (LTC)

The number of Litecoin whales has been climbing in recent days, showing renewed interest from large holders. Wallets holding between 10,000 and 100,000 LTC rose from 503 on March 21 to 519 by March 23, marking a clear uptick in accumulation.

This increase in whale activity could help fuel an uptrend in the coming days. If momentum builds, LTC could test resistance levels at $97.29 and $109. A breakout above these could open the door for a move toward $130 in the next few weeks.

Whale accumulation is often seen as a bullish indicator, as large investors can significantly influence price direction. The recent rise suggests growing confidence in Litecoin’s short-term potential.

However, if momentum fails to materialize, LTC could pull back to support at $87. A drop below this level could see the price fall further to $83, weakening the bullish case.

Uniswap (UNI)

Uniswap has recently faced mixed sentiment after backlash over its Unichain Layer 2 mainnet launch. However, sentiment has shifted following the community’s approval of a $165.5 million investment in its ecosystem.

In the past few days, crypto whales have been accumulating UNI. Between March 20 and March 23, the number of wallets holding between 10,000 and 1,000,000 UNI rose from 1,151 to 1,158, signaling renewed interest from large investors.

If bullish momentum continues, Uniswap price could test resistance levels at $7.69 and $8.33. A breakout above these could push the price further to $9.64.

On the downside, if momentum fades, UNI could retest the $6.82 support. Losing that level could open the door for declines toward $5.97 and even $5.50.

Virtuals Protocol (VIRTUALS)

VIRTUALS has seen a notable increase in whale activity after hitting its lowest levels in months. In the past few days, addresses holding between 100,000 and 1,000,000 VIRTUALS have grown from 82 to 88.

If the AI crypto sector rebounds, VIRTUALS could benefit strongly. The token could test resistance at $0.97, and if broken, rise above $1 to target $1.24 and $1.49.

Whale accumulation could help fuel this move if broader sentiment across crypto AI agents improves.

However, if the sector’s correction continues, VIRTUALS could retest support at $0.80. A deeper drop could push it down to $0.51, and falling below $0.50 would mark the lowest price since November 2024.