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Pepe Coin ($PEPE ) is turning heads in the crypto market as bullish momentum builds. Over the past week, PEPE has surged 22%, sparking excitement among investors who believe this could be the start of something much bigger. Key Insights: Strong Support: PEPE has rebounded from lows around $0.00000698, climbing to $0.00000758. Bullish Formation: Technical analysis suggests a breakout pattern is forming, hinting at a potential 40x surge. Rising Market Interest: Trading volumes and futures contracts are on the rise, signaling growing investor confidence. With increasing market participation and a solid uptrend, PEPE could be gearing up for a significant price move. While volatility remains a factor, current indicators suggest that PEPE might be one of the hottest altcoins to watch in the coming weeks.

Solana Layer-2 Scaler Defies Crypto Market Slump, Surges 41% This Week Amid Multiple Exchange Listings A Solana (SOL) layer-2 scaling solution defied the wider crypto market slump and surged by more than 41% this week following a flurry of recent exchange listings. Solayer (LAYER) is a blockchain network designed for high throughput and near-zero latency. The network bills itself as “infinitely scalable” and is designed to handle 1 million transactions per second (TPS). Explains the project, “Solayer is a protocol for developers who want to enhance their decentralize application’s performance on Solana. It aims to increase the reliability of network access while reducing associated costs by up to 50x.” Solayer’s new native token, LAYER, is trading at $1.21 at time of writing, up from $0.857 one week ago. The 216th-ranked crypto asset by market cap is also up more than 18% in the past 24 hours .

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Large ETH holders have been accumulating throughout late 2024 and into 2025, even as retail balances decline, data from Nansen shows. Even though Ethereum’s ( ETH ) price is down over 44% this year and trading around $1,900, some large investors are still adding to their holdings, according to on-chain data from Nansen shared with crypto.news. While smaller ETH holders have been reducing their balances, whales holding between 10,000 and 100,000 ETH have increased their holdings by over 12% in early 2025. “The 10k-100k segment saw over a 12% growth in 2025 alone on their total ETH balances whereas the 1k-10k segment saw a 3% increase in their holdings YTD.” Nansen At the same time, Ethereum’s network activity seems to have slowed, with median gas prices reportedly dropping nearly 50 times since early 2024, while some of the activity appears to have shifted to Solana ( SOL ) and layer-2 networks, the report suggests. Ethereum also faces growing competition, with Nansen saying that the network is “competing on all fronts and risks being a ‘jack of all trades but master of none’ when compared with BTC, SOL and TIA.” Despite accumulation from some whales, the broader trend remains uncertain as ETH leaves “much to be desired across many of the onchain metrics,” Nansen notes, adding that the asset has “severe underperformance on both the way up and the way down.” For ETH to reverse its long-term downtrend against BTC, “significant changes would need to occur,” analysts at Nansen claim, though it remains unclear whether any near-term catalyst could shift market sentiment.

A Bitcoin bill has been presented to the Minnesota state senate that proposes allowing investments in Bitcoin and promotes cryptocurrency use in certain areas. In a March 18 statement , Senator Jeremy Miller, who introduced the bill, said the Minnesota Bitcoin Act (SF2661) aims to modernize the state’s financial landscape and position Minnesota as a leader in digital assets. Under SF 26661 , the Minnesota State Board of Investment would be allowed to allocate state funds to Bitcoin and other cryptocurrencies, treating them similarly to traditional investments like stocks and bonds. Further, state employees will have the option to include Bitcoin and other cryptocurrencies in their retirement plans. The legislation would also allow residents to pay state taxes and fees with Bitcoin, following in the footsteps of states like Colorado and Utah. Additionally, the bill includes tax incentives for cryptocurrency earnings, allowing certain gains from Bitcoin and other cryptocurrencies to be subtracted from taxable income. “I believe global digital currencies are here to stay, and it’s inevitable that they become more and more mainstream,” Miller said. According to him, cryptocurrencies would benefit Minnesota by providing “new financial opportunities” and giving the state a “strategic position to take advantage of being on the forefront of this digital revolution. “Crypto is a versatile digital asset that can be used in multiple ways, including as investments, global currency, or a hedge against inflation,” he added. Minnesota follows over a dozen other U.S. states that are mulling state cryptocurrency investments. Some states like Arizona and Texas have introduced multiple bills. On March 11, Texas state lawmakers presented House Bill 4258 , which allows Texas’ chief accountant and financial watchdog to invest up to $250 million of the state’s economic stabilization fund balance in Bitcoin or other kinds of crypto assets. The following day, Senator Cynthia Lummis presented an updated version of her July Strategic Bitcoin Reserve Act, which allows the government to hold more than 1 million Bitcoins.