Algorand price remains under intense pressure after crashing by over 90% from its all-time high to the current $0.2585. Its market cap has crashed from over $12 billion at its peak to the current $2.1 billion. This article explores why the ALGO token price has crashed and why a rebound is likely.

According to Ethena Labs, the USDe stablecoin's exposure to Bybit via derivatives is more than offset by its reserve fund.

Ethena Labs has provided an update confirming that its unrealized PNL exposure to the hacked crypto exchange Bybit is now zero.

Stablecoins have ballooned into a $230-billion industry, which is equivalent to more than 1% of the US money supply.

According to a recently released blog from Ondo Finance, Ondo Short-Term US Government Treasuries (OUSG), its tokenized fund is now available on Assetera, a marketplace recognized as Europe's first MiFID-licensed for blockchain-based securities.

The crypto market is showing signs of a recovery after weeks of bearish sentiment. Bitcoin (BTC) is up nearly 2%, reclaiming $97,000 as bullish sentiment returned after weeks of muted price action.

Algorand price at $0.25 aims for a quick reversal run with a potential trendline breakout. Will this breakout propel ALGO price to $1?

In the fourth quarter of 2024, Polygon (formerly MATIC) experienced a significant mixed performance in key metrics, primarily driven by the testnet launch of its interoperability protocol, Agglayer. This new initiative aims to facilitate cross-chain token transfers and message-passing, enhancing the functionality and integration of various blockchain networks.

For Polygon Labs, the research and development arm of Polygon, 2024 was a breakthrough year, driven by Polymarket's mass adoption during the US presidential elections. 2025 kicked off strong as Polygon Labs partnered with Jio Platforms, the digital arm of Reliance Industries, to bring Web3 to over 450 million Jio users, boosting mass adoption.

Here is how some of your favorite assets concluded the week.

Ethena (ENA) has flashed a buy signal, offering potential for a price rebound after a period of decline. This signal comes from the TD Sequential indicator on the 12-hour chart, suggesting that ENA could see a price recovery.

ENA's charts flashed potential for recovery, but resistance levels will determine the sustainability.

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Polygon's Ecosystem Token (POL) is trending sideways after crashing to the bottom of the chart. The price of the cryptocurrency fell to $0.244 before rising again.

Ethena's native token, ENA, is facing significant downward pressure after one of the token's major holders transferred 18 million ENA tokens, worth around $8.78 million, to Binance. This substantial transaction, which occurred on February 11, has caused a notable price drop for the token, with ENA experiencing a more than 10% decline in value over the past 24 hours.

ENA, the native token of Ethena—an Ethereum-based synthetic dollar protocol—has been the market's top loser over the past 24 hours. The altcoin trades at $0.42, plunging over 10% during that period.

Digital tokens suffered sudden dips as Bitcoin plunged beneath $95K after the US CPI data. While top altcoins XRP (-3.05%), Solana (-3.30%), and AVAX (-5%) reflected the dwindled sentiments, Ethena led the downside with an over 12% dip. Besides the worrying inflation figures, today's Ethena unlock intensified ENA's price plunge on the daily chart.

Blockchain analytics firm Lookonchain reports significant losses for a crypto trader involved in a decentralized finance (DeFi) project that recently saw a steep price correction.

Blockchain tracking firm Lookonchain says a crypto trader is looking at massive losses after one decentralized finance (DeFi) project underwent a severe correction.

Ethena just unlocked nearly 8 million tokens, but surprisingly, the unlock event had little impact on the price. On Feb. 12, Ethena (ETH) unlocked 7.93 million tokens, accounting for 0.25% of its total supply, with 65.

Bitcoin dipped below $95,000 early in today's trading as a key support level crumpled. The flagship cryptocurrency is struggling to reclaim $96,000 and is currently trading around $95,450.

Karpous takes another significant step toward making RWAs accessible to everyone. Running on Polygon, Karpous opens doors to yield generation inclusivity like never before.

Algorand could soar by 50% to reach the $0.45 level if it holds itself above the $0.315 level.

In the crypto market, whales play a significant role. Fellow investors often follow the bigger holders for potential opportunities, which is why their decision could heavily impact a digital asset's price performance.

Ethena takes a big dive in 2025 as Ethereum loses its bullish momentum. However, the recent shift of crypto market sentiment teases a comeback in the ENA price trend.

Algorand price suffers sharp reversal as crypto sentiment weakens Algorand (ALGO), a pioneering layer-1 blockchain network, has dropped to $0.3, down by 53% from its highest level in December.

Algorand (ALGO) is once again garnering attention for its potential to rebound. After facing a period of decline, technical indicators are suggesting that the cryptocurrency could be on the verge of a significant price breakout.

Algorand shows promising signs of a potential rebound, supported by technical indicators.

Ethena (ENA) has shown signs of potential recovery, despite recent challenges in the market. After a significant drop in price, ENA is now testing critical support levels, fueling speculation about the token's next move.

ENA is at a critical juncture, with key support and rising interest signaling potential for recovery.

Polygon [POL] is currently at a critical juncture, facing an uphill battle to reclaim its previous heights. The cryptocurrency, which had once surged to impressive levels, is now down by more than 55% from its post-election high of $0.70.

Kadena and the Croatian Football Federation signed a four-year collaboration, encompassing several massive global football events, including the 2026 FIFA World Cup and 2028 UEFA Euro Cup. The post Kadena Partners With Croatian Football Federation, ERC-20 Fan Token Migrates from Polygon appeared first on Cryptonews.

Deemed as the stepping stone toward making Ethereum (ETH) the internet of blockchains through a full-fledged multi-chain system, Polygon (POL) continues to attract attention in the crypto space.

Ethena (ENA) has been struggling recently, with bearish trends tightening their grip on the asset. Over the past 24 hours, ENA dropped by 6.5%, further deepening concerns about its future performance.

Despite ENA's significant price decline, analyst Ali Martinez identifies bullish signals on the 4-hour chart as Ethena prepares to launch its institutional iUSDe token.

The battle between $0.50 and $0.28 will determine if Polygon can regain its footing or continue to struggle.

Three tokens – Ethena (ENA), Dogwifhat (WIF), and Dogizen (DOGIZ) – are currently making headlines for their respective price movements. ENA and WIF are grappling with significant market volatility, while DOGIZ is experiencing a surge in price in its ongoing presale ahead of its anticipated exchange listing. Ethena (ENA) dips below $0.

Ethena's A/D indicator has been steadily falling since December. The lack of consistent buying volume reflected the absence of bullish conviction.

Algorand Foundation has pitched its network to the Department of Government Efficiency (D.O.G.E) as suitable for taking the US government operations on-chain. In a post on X, the Foundation noted that the pure proof-of-stake (PPoS) network is ideal.

Ethena price has crashed by 57% from its highest level in December as sentiment in the crypto industry weakened. Ethena's (ENA) decline has mirrored that of most altcoins.

Polygon (POL) is currently navigating through a crucial price level, with the $0.50 range standing out as a key area that could determine its next major price movement. Recent on-chain data suggests that a significant portion of POL tokens has been accumulated in the price range between $0.364 and $0.509.

Bitcoin (BTC) declined marginally to fall from $99,000 to its current level of $98,100. The flagship cryptocurrency is down over 2% in the past 24 hours as it struggles to build momentum.

Polygon Ecosystem Token (POL) has dropped to $0.277, the expected price level of the 2.0 Fibonacci expansion. Cryptocurrency price analysis brought by Coinidol.com.

The Algorand Foundation has publicly urged Elon Musk's Department of Government Efficiency (DOGE) to adopt its blockchain for government operations. In a Feb. 4 post on X, the foundation highlighted how Algorand's technology could enhance transparency, particularly in tracking federal expenditures.

POL reclaiming $0.50 zone as support could lead to a rally, but failure to do so could trigger another sell-off.

India's markets regulator on Tuesday introduced rules for the approval and tracking of the use of algorithmic trading by retail investors to protect them amid rising demand.

Crypto analysts note that POL needs to reclaim the $0.364-$0.509 range to prevent further sell-offs and stabilize its value.

Cryptocurrency traders have been keeping a close eye on Algorand (ALGO) lately, and for good reason. The digital asset is currently consolidating in a symmetrical triangle pattern, a technical formation that often precedes significant price movements.