The crypto market roared back to life this week as Bitcoin price broke past $125,000 to a new all-time high, fueled by $3.2 billion in ETF inflows and renewed optimism around U.S. crypto regulation.
The rally, driven by rate-cut expectations and improving sentiment, sent total crypto market value climbing again. Meanwhile, BNB’s record run lifted PancakeSwap 34%, FLOKI debuted its first European ETP, and VanEck filed for a Lido-staked Ethereum ETF. NEAR rallied on a new Cardano partnership, while Aster’s perp volumes hit an eye-popping $385B.
Scroll down for the full crypto market news recap and what traders are watching next week.
PancakeSwap (CAKE) Jumps 34% as BNB Sets New Record
PancakeSwap surged 34% to $3.58 after BNB hit a record $1,167, boosting confidence across the BNB Chain ecosystem. Trading volume soared past $900M, and PancakeSwap led DEX revenues with $49.7M in 30 days. Analysts now eye a potential rally toward $5 if momentum holds.
FLOKI ETP Debuts in Europe, Expanding Meme Coin Legitimacy
FLOKI has launched its first exchange-traded product on Sweden’s Spotlight Stock Market, becoming the only BNB Chain project besides BNB with a European ETP listing. The move marks a significant step toward institutional adoption, bridging meme coin culture with regulated finance. Floki Coin’s price surged over 30% the day after its debut.
VanEck Seeks SEC Approval for Lido Staked Ethereum ETF
VanEck has filed with the SEC to launch a Lido Staked Ethereum (stETH) ETF, providing investors with regulated access to Ethereum staking yields of 3–5% without the need to run validator nodes. The move highlights growing efforts to bridge traditional finance with DeFi, despite lingering regulatory concerns over staking products.
NEAR Protocol Jumps on Cardano Partnership and Q3 Strength
NEAR surged over 10% to $2.86 after announcing a partnership with Cardano that enables ADA swaps across more than 20 blockchains without the need for bridges. Q3 highlights include strong AI integration, rising adoption, and 52M active addresses, pushing NEAR into the top tier of Layer-1 networks.
Aster Surges as Perp Volume Hits Record $385B
Aster’s token rallied toward its all-time high as perpetual futures volume exploded to $385 billion, dwarfing rivals like Hyperliquid. The CZ-backed DEX has now processed over $2 trillion in trades, earned $119 million in weekly fees, and seen open interest soar past $4 billion.
Litecoin Faces Bearish Setup Ahead of ETF Decision
Litecoin hovered near $106 this week as traders awaited the SEC’s decision on the proposed LTC ETF. Despite 93% approval odds, charts show a bearish head-and-shoulders pattern, suggesting a possible drop toward $90 amid “buy the rumor, sell the news” fears.
Binance Launches ‘Crypto-as-a-Service’ to Power Wall Street’s Web3 Move
Binance introduced Crypto-as-a-Service (CaaS), a white-label platform that enables banks, brokerages, and exchanges to offer digital asset trading under their own brands. The service includes custody, settlement, and compliance tools, aiming to bridge the traditional finance and cryptocurrency sectors with faster, regulated infrastructure.
