The crypto market has started the week well, with Bitcoin and many altcoins beating the American stock market. Bitcoin price has held steady above $88,000, while the valuation of all cryptocurrencies has jumped to $2.75 trillion. This article provides the forecast of top altcoins like Reserve Rights (RSR), IOTA (IOTA), Pendle, and Solana (SOL).
Most altcoins jumped on Thursday as the recent fear among market participants ended after the Liberation Day tariff's pause. These cryptocurrencies may continue doing well this year as Wall Street titans like Blackrock move deeper into the industry.
The cryptocurrency market rallied sharply on Thursday after President Donald Trump paused tariffs imposed on almost all nations for 90 days, giving the stock and crypto markets a much-needed breather from constant volatility. The crypto market registered substantial gains, with some tokens rallying nearly 50%.
Story Highlights The PENDLE price today is $2.99. Pendle Coin's price could hit a maximum of $7.65 in 2025. Pendle coin price with a potential uptrend may peak at a maximum of $80.21 by 2030.
The United States' first Bitcoin President is presiding over a crypto market crash. Crypto proponents and firms funded Trump's campaign with hopes of a pro-crypto regulation and policies in the U.S. While initial progress was made on the stablecoin bill and the Strategic Bitcoin Reserve, Trump is changing world order with his Liberation Day tariff announcements.
Aave DAO members are voting on a proposal to add Pendle's Principal Tokens to its V3 Core market. The proposal, posted on the web3 voting platform Snapshot on Apr. 7, suggests listing an initial PT test asset.
Former Australian Air Force pilot John-Paul Thorbjornsen, also known as JP Thor, has been promoting his new crypto wallet, Vultisig, which runs on THORChain a decentralized network he founded to enable cross-chain swaps without intermediaries. Marketed as more secure than other wallets, Vultisig has recently seen a spike in usage alongside THORChain.
Researchers say North Korea used THORChain to launder $1.2 billion following the biggest-ever crypto heist.
Here is how some of your favorite assets concluded the week.
PENDLE has surged by 10% in the past 24 hours, making it the market's top gainer during this period. The altcoin has even outperformed major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH).
Pendle just jumped 10%! Is this the start of something much bigger?
Recent PENDLE's Coinbase listing, along with its high DeFi yields, has fueled bullish momentum, as whales accumulate millions in tokens.
PENDLE price has led the broader market gains this Wednesday, pumping nearly 8% amid bullish developments. Recent whale metrics indicated that large-scale investors bought roughly $8 million of the token, whereas a crypto exchange behemoth also listed it previously.
As the crypto market enters Q2 2025, both investors and traders are anticipating a shift from bearish to bullish momentum. This change is essential for altcoins to recover, as many are currently facing challenges in bouncing back.
THORChain encountered some difficulties in 2025, including announcing insolvency in January. The company made an announcement on X, revealing that it had temporarily paused its network due to significant debt and leverage problems affecting its ecosystem.
Top US-based crypto exchange platform Coinbase is adding three new Ethereum (ETH)-based altcoins to its suite of products, causing the assets to skyrocket.
With Bitcoin on the verge of a breakout (or rejection), the altcoins are starting to stir. The altcoin market cap could already have bottomed.
THORChain has been called a money laundering protocol — a label no decentralized finance (DeFi) project wants unless it's prepared to have regulators breathing down its neck.Its supporters have fended off the criticism by championing decentralization, while its critics point to recent activities that showed some of the protocol's centralized tendencies. After exploiting Bybit for $1.4 billion, the North Korean state-backed hackers behind the attack, known as the Lazarus Group, flocked to THORChain, making it their top choice to convert stolen funds from Ether (ETH) to Bitcoin (BTC).
This crypto bull market has not been particularly kind to the vast majority of altcoins. Unlike previous bull markets, the focus has been very much on Bitcoin, seemingly with only the merest sniff of an altcoins season, which has so far failed to arrive.
THORChain, a decentralized cross-chain swap protocol, witnessed an unprecedented surge in activity following the Bybit hack. According to DefiLlama, THORChain processed a record $4.66 billion in swaps in the week ending March 2, surpassing $1 billion in a single day.
The Lazarus Group has already laundered all the unfrozen funds it stole from the recent Bybit hack. The group used THORChain's DEX to convert ETH tokens, sparking community criticisms.
The CEO of the recently hacked crypto exchange Bybit says that North Korean hackers have converted 417,348 stolen Ethereum (ETH) into Bitcoin (BTC). According to Bybit CEO Ben Zhou, North Korean state-sponsored hackers stole approximately $1.4 billion in ETH from Bybit, bridging a significant portion of the assets to Bitcoin.
THORChain reportedly generated $5.5M in transaction fees from the surge in activity linked to the laundering of Bybit's stolen funds.
THORChain generated over $5 million in revenue as Bybit's $1.4 billion hacker used the protocol for moving funds, sparking controversy over its role in illicit crypto transfers.
North Korean hackers used THORChain to help launder $1.4 billion in stolen Bybit funds, driving the protocol's weekly volume to a record $4.6 billion.
Bybit CEO Ben Zhou has confirmed that $1.07 billion—roughly 77% of the assets stolen in the exchange's recent $1.4 billion security breach—can still be tracked. In a March 4 update, Zhou disclosed that hackers successfully laundered $280 million, around 20% of the 499,000 ETH stolen.
THORChain was one of the platforms Bybit hackers used to launder funds, according to observers.
RUNE, the native token of the THORChain protocol, remains under significant bearish pressure following a 9.09% price decline in the last week. According to crypto analyst Ali Martinez, RUNE is likely far from a market recovery following a bearish flag pattern on its trading chart.
A developer from THORChain, known as Pluto, has announced his departure from the decentralized liquidity protocol following a contentious decision involving North Korean-linked transactions. The controversy emerged after a vote by the network's validators to block these transactions was swiftly overturned, raising concerns about the platform's governance and resilience to regulatory challenges.
Thorchain is facing operational risks as developers look to quit over disagreements on handling sanctioned funds linked to North Korean hackers.
THORChain developer “Pluto” resigns over failure to block illicit transactions. The FBI urged exchanges and validators to prevent North Korean money laundering.
Thorchain is grappling with developer departures and mounting concerns over its role in laundering stolen crypto, particularly Ethereum from the Bybit hack, tied to North Korean hackers.
THORChain token is flashing a bearish signal, forming a bearish flag pattern that suggests further downside even as swap volume surges. THORChain (RUNE) was trading at $1.3050 on Friday, down 82% from its November peak.
Supporters of the decentralized exchange Thorchain have pushed back against claims that the protocol is actively aiding North Korea-backed hackers attempting to cash out funds from the Bybit hack.
THORChain's native token has plummeted 20% in the past 24 hours, wiping off recent gains as the rest of the market also bleeds. The price of THORChain (RUNE) changed hands around $1.20, dipping sharply after hitting highs above $1.60.
According to Arkham, Lazarus-linked wallets have moved over $240 million in ETH through THORChain. They primarily swapped it for Bitcoin (BTC).
THORChain developer Pluto announces his departure after a vote to block North Korean hacker-linked transactions was reverted. A validator is also threatening to exit unless the protocol can stop the flow of hacker funds.
A core developer of THORChain has announced their resignation following the reversal of a vote to block transactions linked to North Korean hackers. The post THORChain Developer Resigns After Vote to Block North Korean Hackers Was Reverted appeared first on Cryptonews.
Thorchain faces a critical moment as key developers leave amid concerns over North Korean hackers using the platform to launder stolen cryptocurrency.
Bybit hackers laundered 270,000 ETH, equivalent to approximately $605 million, via THORChain, representing over half of stolen funds. The post Bybit Hacker Launders 270K ETH Via THORChain, Still Holds $514M appeared first on Cryptonews.
THORChain is facing internal turmoil after a developer resigned over a controversial vote to block transactions linked to North Korean hackers.
A THORChain RUNE developer has stepped away from the project after an attempt to block transactions linked to North Korean hackers was reversed.
A THORChain dev has backed out and a validator is threatening to follow as North Korean hackers have reportedly sent $605 million worth of crypto through the protocol.
Thorchain is experiencing a developer exodus, as hackers from Lazarus Group are using the interoperability-focused blockchain to launder Ethereum (ETH) stolen in the Bybit hack. A Thorchain developer known as TCB announced that Pluto, the protocol's unofficial lead developer, is stepping down.
MetaMask head of security, Taylor Monahan, said Lazarus has moved at least 209,384 ETH, over half the ETH stolen from Bybit, into BTC.
THORChain, a cross-chain swap protocol, witnessed a huge uptick in its activity as the party behind the Bybit heist attempted to launder stolen funds through the platform. The Bybit heist now tagged the largest cryptocurrency heist the world has ever seen, happened on February 21, 2025, and saw the exchange lose about $1.
In January, THORChain paused Bitcoin and Ethereum lending to prevent misuse, as part of a $200 million debt restructuring.