IoTeX Blockchain Upgrade: v2.2 Hard Fork and Optimistic Consensus

Bittensor (TAO) is currently exhibiting signs of a potential rebound, as indicated by recent technical analyses. Despite the prevailing market softness, the price structure of TAO suggests that it may be nearing the end of its correction phase. Analysts are particularly focused on a breakout that could signify the onset of a robust upward trend. Notably, crypto trader Osemka has utilized Elliott Wave principles to outline a scenario that hints at significant upside potential, contingent on key confirmation signals emerging in the near future. The Bittensor chart reveals a complete five-wave advance, commonly referred to as a Wave 1 impulse in Elliott Wave Theory, which propelled TAO's price to nearly $460 before entering a corrective A-B-C pattern. Currently, traders are monitoring the formation of a potential Wave 2 bottom within the $235 to $265 range. The Relative Strength Index (RSI) has sharply declined since the peak, and analysts speculate that it could signal a reversal by the end of the month or early July. Osemka has pointed out that bullish divergence on the daily RSI might coincide with this final low, reinforcing the bullish outlook. Looking ahead, analysts anticipate that Wave 3 could yield gains exceeding 300% from the local bottom. Given that the first wave experienced a rise of 190%, the subsequent leg must outperform to maintain the wave structure. In accordance with Elliott Wave logic, Wave 4 cannot fall below the peak of Wave 1, necessitating a strong extension for Wave 3. This projection suggests that the next significant peak could surpass TAO's previous all-time high, potentially marking the beginning of a sustained bullish cycle. As of now, Bittensor is trading at $353.63, reflecting a 24-hour decline of 1.14%, yet remains within its expected range, keeping the bullish thesis alive.

Everything Blockchain Inc. has recently made headlines with its announcement of a $10 million strategic investment into five prominent cryptocurrencies: Solana (SOL), XRP, Sui (SUI), Bittensor (TAO), and Hyperliquid (HYPE). This investment, revealed on June 20, 2025, is aimed at positioning the company ahead of expected institutional capital inflows into the cryptocurrency market. By leveraging its expertise in blockchain technology, Everything Blockchain intends to enhance shareholder value while capitalizing on the growing interest from publicly-traded companies in crypto treasury strategies. The company's approach includes a multi-token treasury strategy that focuses on staking rewards to generate passive income and potential dividend payouts for shareholders. This initiative aligns with Everything Blockchain's mission to integrate advanced blockchain solutions with financial strategies, thereby positioning the firm to benefit from the increasing adoption of decentralized technologies. CEO Arthur Rozenberg emphasized that while Bitcoin has dominated the headlines, the real financial momentum is shifting towards the blockchain networks that support the future of financial infrastructure. As for the market outlook, XRP and Solana continue to be top contenders among altcoins, attracting significant institutional investor interest. XRP, trading at $2.17, is bolstered by Ripple's advancements in cross-border payment solutions and legal victories. Analysts predict XRP could reach $3 to $4 by the end of the year. Meanwhile, Solana, priced around $148, is gaining traction due to its high-throughput capabilities and expanding DeFi and NFT ecosystems. Market analysts foresee SOL prices potentially exceeding $300 in 2025, driven by staking and institutional adoption, further solidifying Everything Blockchain's strategic positioning in the evolving digital asset landscape.

The cryptocurrency market is witnessing a resurgence as institutional interest returns and stablecoins gain traction. Among the most talked-about projects is Qubetics, which aims to address the issue of cross-chain fragmentation by unifying various blockchain ecosystems. By integrating Bitcoin, Ethereum, and Solana into a single network, Qubetics offers a range of services including decentralized finance (DeFi), wallet management, and encrypted dVPN services. This innovative approach positions Qubetics as a frontrunner in the quest for real-world utility in the crypto space. In addition to Qubetics, other trending cryptocurrencies such as Cronos and Filecoin are also capturing attention. Cronos (CRO) has recently seen a modest increase of 3.05%, bringing its market cap close to $3 billion. Despite being significantly below its all-time high, CRO has demonstrated impressive growth since its all-time low. Meanwhile, Filecoin (FIL) is experiencing a slight decline, trading at $2.64, but remains a key player in decentralized storage with a strong holder base. Both projects highlight the importance of infrastructure-focused tokens in the evolving crypto landscape. The overarching theme connecting these projects is interoperability, which is becoming increasingly vital as the crypto market matures. By enabling seamless asset movement across different networks, providing a unified user experience, and enhancing security through integrated tools, these projects are setting the stage for the next wave of cryptocurrency adoption. As investors look for long-term opportunities, Qubetics, Cronos, and Filecoin stand out as promising options that not only offer innovative solutions but also have the potential to drive significant value in the coming years.

The Solana-based DePIN (Decentralized Physical Infrastructure Network) platform's native token, Grass ($GRASS), has experienced a significant decline of 15%, dropping from a recent high of $1.96 to approximately $1.72. This downturn has returned the token to levels it was trading at a month ago. Analysts suggest that the price drop is largely attributed to substantial selling in perpetual futures, with no significant on-chain activity to justify the decline. In the past 24 hours alone, over $637,400 worth of long positions in $GRASS were liquidated, while on-chain trading volume via Raydium only reached about $3.2 million. Despite the price drop, trading volume for $GRASS has surged by over 55% in the last day, indicating a strong interest from investors. Notably, the derivative market volume has also increased by more than 95%. This uptick in trading activity suggests that smart money and whale investors are capitalizing on the dip, making $GRASS the second-most-purchased Solana token in the AI and utility sector. Whales have reportedly purchased over $200,000 worth of $GRASS, raising speculation about their insights into the market that retail investors might have missed. Grass has been making strides in network growth, processing over 57 million GB of public web data in the first quarter and building a massive video dataset of over one billion videos. The Grass Video Search tool allows users to search for specific visual patterns in videos, marking a significant advancement in video data handling. As the derivative market's funding rates shift from negative to positive, indicating bullish sentiment, whales are strategically positioning themselves for potential gains. If $GRASS can reclaim its previous highs, investors could see returns exceeding 125%. However, the price must hold above the critical support zone of $1.56 to maintain a bullish outlook.

Analyst and trader Michaël van de Poppe has shared his insights on Bitcoin ([BTC](https://www.mexc.com/price/BTC)) and two other cryptocurrencies as the market shows signs of recovery. He notes that Bitcoin is currently in the first phase of consolidation after breaking above the $106,500 mark. Van de Poppe predicts that this consolidation phase will last for a few days before Bitcoin potentially breaks out above its all-time high. He suggests that the ideal buying zone for investors would be around $107,000 to $108,000, indicating a favorable opportunity to buy during this dip season. As of now, Bitcoin is trading at $109,325. Turning to Ethereum (ETH), Van de Poppe believes that the asset is preparing for a significant breakout following a month-long consolidation period. He estimates that Ethereum could rise by approximately 26% if it successfully breaks through the resistance level at $2,800, with a target price range of $3,400 to $3,500. He emphasizes the importance of holding above the support level of around $2,575, as Ethereum is currently trading at $2,770. Lastly, Van de Poppe discusses Bittensor (TAO), a decentralized AI platform, predicting a potential increase of around 92% from its current price. He anticipates that as market confidence returns, TAO could break above $475 and reach between $700 and $800 in the next bullish run. Currently, Bittensor is trading at approximately $416. Investors are advised to conduct their own research before making any investment decisions in the volatile cryptocurrency market.

As the cryptocurrency market experiences renewed vigor, investors are on the lookout for promising projects to capitalize on the upcoming bullish trends. Among the notable contenders, BlockDAG is emerging as a standout option. With a presale price of $0.0018 and an anticipated listing price of $0.05, early investors could see returns as high as 2,520%. The project has already raised over $293 million and sold more than 22.1 billion BDAG tokens, indicating strong market interest. BlockDAG's compatibility with Ethereum's EVM allows for seamless migration of dApps, which could significantly enhance its adoption in the DeFi and NFT spaces. In addition to BlockDAG, other projects like Bittensor, Render, and Filecoin are also gaining traction. Bittensor has shown impressive recovery, trading above $400, and is expected to continue its upward trajectory, driven by strong technical indicators. Render is capitalizing on the growing demand for decentralized GPU rendering, with its price nearing $4.00 and bullish long-term projections. Meanwhile, Filecoin is evolving its infrastructure with the launch of a cross-chain bridge with Avalanche, enhancing its utility in Web3 applications. The competition for the best crypto investment is intensifying, with each project offering unique value propositions. However, BlockDAG's combination of low entry price, robust technical features, and significant presale momentum positions it as a potentially lucrative opportunity. As the June 13 Go Live Reveal approaches, investors are urged to act quickly to secure their stake in what could be a transformative project in the blockchain landscape.