Crypto Volumes Surge, Ethereum & Solana Lead; Bitcoin Holds $114K - October 28
Ethereum climbs 7%, Solana up 5.6%, Bitcoin steadies at $114K, and XRP consolidates with bullish undertone as triple-digit volume surge re-energizes crypto for October 28, 2025.
Crypto Market Rebounds as Ethereum and Solana Rally; Bitcoin Holds $114K — October 28, 2025, 11:30 AM IST
Tuesday’s session sees triple-digit volume increases and renewed momentum in top cryptocurrencies, setting up bullish scenarios despite mixed price action:
- Bitcoin steadies at US$114,000 (-1.58%), volume climbs 9.93% to US$574.39M, funding holds flat at 0%. BTC remains within a narrow, consolidating range above $113K, with renewed buying interest as short-term holders reposition for a test of $117K.
- Ethereum slips 3.7% to US$4,100, on a surge of 39.8% in volume (US$495.64M). Funding rate remains low (0.02%), as institutional buyers accumulate ahead of a possible move back to $4,300 after ETF news and recent treasury activity.
- Solana declines 2.43% to US$199.16 as volume jumps 12.41% to US$178.83M, funding rises to 0.5%, reflecting persistent bullish flow and expectations for a recovery to the $210–$220 area.
- XRP trades flat at US$2.624 (-0.63%), but volume increases 7.52% to US$172.22M. Funding at 0.38 reflects continued accumulation, with price consolidation between $2.61–$2.63 and breakout targets set at $2.70 if support holds; on-chain reserve drops suggest recent institutional inflows.
Market Insights
- Triple-digit volume spikes across major assets signal a rush of institutional and retail participation, with technical patterns favoring further upside.
- Ethereum and Solana attract new inflows, driven by ETF and staking product launches — Ethereum treasury activity and Solana ETF boost momentum and short-term accumulation.
- XRP consolidates above $2.61, with technical breakout possible if accumulation sustains and ETF headlines materialize.
- Bitcoin remains stable, awaiting broader market trigger, but upside risks remain if volumes hold and bullish flows persist.
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