📱 Solana Launches Seeker, Its New Crypto Smartphone in 50 Countries
Welcome to your Daily Briefing for Wednesday, August 6, 2025 ☕️
Hello Cointribe! 🚀
Today is Wednesday, August 6, 2025, and as every Tuesday through Saturday, we bring you the must-know crypto news from the past 24 hours.
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡 Weather:
🌧️ Rainy
24h crypto recap! ⏱
💼 Sequans Expands Bitcoin Treasury with $10M Purchase of 85 BTC
Sequans has acquired 85 BTC for $10 million, bringing its total holdings to 3,157 BTC as of August 1, 2025. The move strengthens its Bitcoin-focused treasury strategy, with an average acquisition price of approximately $117,360 per coin.
👉 Read the full article
📱 Solana Expands Global Availability of Its Saga Smartphone
Solana Mobile’s Saga smartphone is now available in additional countries, featuring a built-in hardware wallet and direct access to the Solana ecosystem. This global rollout aims to boost mobile dApp adoption and ensure enhanced security through a secure enclave.
👉 Read the full article
🌉 Chainlink Launches Data Streams to Bridge Crypto and Traditional Finance
Chainlink has introduced Data Streams, a service that delivers push-based market data feeds to both web2 and web3 applications via HTTP APIs. The solution enables enterprises and DeFi protocols to access reliable, real-time pricing without needing complex infrastructure.
👉 Read the full article
📈 Bitcoin Could Surpass $200K in 2025, But a Pullback Is Expected in 2026
According to several market cycle analyses, Bitcoin may reach—or even exceed—$200,000 in 2025, before undergoing a sharp correction in 2026 due to the halving and institutional profit-taking. The forecast is based on historical cycle comparisons and macro demand trends.
👉 Read the full article
Crypto of the Day: Render (RENDER)
🧠 What’s the innovation and added value?
Render is a decentralized GPU compute network that enables artists, studios, and developers to rent graphic processing power via blockchain. The protocol connects users in need of high-quality rendering (3D, animation, machine learning, generative AI) with operators who have idle GPUs. It uses a proof-of-render mechanism to validate deliverables before payment is released.
This infrastructure streamlines access to on-demand GPU computing at lower cost, through an optimized P2P marketplace. Built initially on Ethereum (with bridging to Solana), and designed with a creator-aligned tokenomics model, Render offers both technical efficiency and real-world utility for visual and AI-focused industries.
💰 The RENDER Token: Utility and Benefits for Holders
The RENDER token is at the core of the system: it is used to pay GPU node operators and rendering services, while ensuring quality through proof-of-render. Holders can stake or delegate their tokens to help secure the network, earn fees from protocol usage, and participate in future governance. The incentive model aligns the interests of GPU providers and end users, encouraging active participation in the ecosystem.
📊 Real-Time Performance (August 6, 2025)
Current Price: ~$3.54 USD
24h Change: –1.45%
Market Cap: ≈ $1.81 billion USD
CoinMarketCap Rank: #52
Circulating Supply: ≈ 518 million RNDR
24h Trading Volume: ≈ $59 million USD
🚀 Is XRP About to Explode? A +70% Setup Could Be Repeating Itself
There’s a strong sense of déjà vu on XRP’s chart. Ripple’s native cryptocurrency appears to be mirroring a setup strikingly similar to the one that preceded its major surge in January.
📈 A Familiar Technical Pattern That Has Traders Watching Closely
Markets often exhibit recurring technical formations—and XRP is currently forming a falling wedge, a pattern well known for its bullish breakout potential. This same setup appeared in late 2024 and was followed by a nearly 70% rally, sending XRP from $2 to $3.39. Today, technical indicators are once again aligning in a similar direction.
The price remains firmly above the 50-day exponential moving average (EMA), a widely used trend confirmation indicator. Meanwhile, the Relative Strength Index (RSI) hovers around 50, signaling market neutrality. This technical posture—combined with proximity to a key resistance zone—suggests two possible outcomes:
A breakout could open the path toward $3.75 or even $4,
Or a pullback toward $2.34 if buying pressure fails to hold.
🔍 XRPL Network Fundamentals Are Heating Up
Beyond the chart, on-chain fundamentals for the XRP Ledger (XRPL) are reinforcing bullish sentiment. In July alone, the XRPL surpassed 70 million monthly transactions—a clear sign of growing network activity. This momentum is further supported by the creation of over 1 million new accounts since the start of the year, pointing to a structural resurgence in interest.
Stablecoins natively integrated into the XRPL, such as BBRL and RLUSD, have seen a notable uptick in usage, boosting the ecosystem’s attractiveness. These trends can be tracked in more detail via XRPL’s official transaction analytics.
This combination of bullish technical patterns and strengthening fundamentals could set the stage for XRP’s next upward cycle. Still, the market awaits confirmation of a decisive breakout that could spark a fresh wave of speculative interest.
