ZEC surged, ENA doubled and Meme rose.

Todju, the gold fortune.

Summary:In late August 2026, there was a clear rebound in the encryption market. While BTC, ETH, and ETH were back on their feet, the previously more sharply adjusted Yamaya currency rose.

1. ZEC: ETF Expected, Ironwood Upgrade

ZEC is hardly in dispute if it's to choose the craziest riser round.

According to CoinGecko, ZEC now reports $831.04, an increase of 63.1 per cent on 7 days; it rose up to $871.44 and 71.03 per cent on 7 days. In just a few days, the rise was alarming, becoming one of the strongest mainstream currencies in the encryption market.

Catalyst

ZEC's current round is indissociable from the two factors that ETF expects to complete the Ironwood upgrade with its recently completed Zcash main network.

On 22 August, the greyscale was submitted to the United States Securities and Exchange Commission.ZEC Fifth Amendment to ETFThe name of the trust was officially changed from Grayscale Zcash Trust (ZEC) to The Zcash ETF, with the stock code designated ZCSH and listed in NYSE Arca. This version of the application confirms that the sponsors ' fees (Sponsor's Fee) are 2.5 per cent annualized and that all Sponsor ' s Fee is used to support the marketing activities of the Trust and Zcash network within 12 months of the sponsor ' s planned entry into force.

On 28 July, Zcash officially activated the Ironwood Nu. 6.3 network upgrade and launched a new shielding pool, Ironwood. This upgrade was designed to address previously identified gaps in Orchard ' s integrity, enhance protocol security and enhance the independent probability of ZEC ' s supply integrity in circulation. Officially, Ironwood has completed formal validation prior to deployment and has been subjected to independent security clearances that will provide greater security for future agreements.

Post-market outlook

According to Coinmarketcap, technically, the ZEC price was set at a key 61.8 per cent of Fibonacci's retreat of $812.40, with the relative strength and weakness index (RSI) at a neutral level of 50.18, indicating a possible reversal after strong increases. If ZEC were able to hold the $812 supporting position, it would be expected that the immediate high of $880.26 would be retested. However, if the ETF issue triggers a “message” response or fails to attract large inflows of funds, a drop in the $812 could result in a rapid downturn in stock prices to the next major supporting position of $770.45.

2. ENA: Blackie shouts out a bill of credit with FalconX for $1 billion.

The ENA is also the focus of attention in this round.

According to CoinGecko, ENA now reported an increase of $95.2 per cent in 7 days, up to $0.1766 and up to 112.53 per cent in 7 days.

Catalyst

Ethena ' s core competitiveness lies in its not traditional bank currency stability, but rather the construction of a neutral synthetic dollar for Delta through spot assets and corresponding empty positions, as well as attempts to capture market fund rates, pledge proceeds and other chain gains.

On the one hand, Blackie continues to shout out the ENA. According to Lokonchain monitoring, Arthur Hayes purchased 10.9 million ENAs on August 6, valued at approximately $985 million. From early August, he bought 2,264,000 ENAs in total, worth about $2 million.

On the other hand, on 19 August, Ethena entered into a $1 billion credit partnership with FalconX, the digital asset broker, to put USDe ' s mortgaged assets in institutional credit. It was announced that the financing would be used to finance over-privileged mortgages initiated by FalconX, with applications such as trading strategies, management of business funds and payments, loan collateral being held by third party custodians and Ethena holding first priority security interests. FalconX will act as a loan sponsor, service provider and collateral manager.

The time goes further, and at the end of June, Aladdin, under the Beled flag, and Ethena worked together to provide institutional investors with deeper access to Ethena-related products on their platforms and to enhance the mobility and interoperability of their dollar-based monetization tools (including BUIDL). In this cooperation, Ethena will support a $100 million liquidity mechanism through Securitize that allows eligible clients to exchange between BUDLL and USDC, USDtb and other stable currencies supported, with two-way conversions over non-trading time periods.

Early in June, Ethena entered into strategic cooperation with Coinbase to promote the development of financial and savings products along the chain, covering more than 100 million users. On 12 June, Ethena and Coinbase officially launched the first product, a stable currency yield pool launched by SteakhouseFi, which is based on USDe operating on Morpho and is now directly online in CoinbaseApp, accessible to both United States and overseas users.

Post-market outlook

According to Phemex, price projections for 2026 range from a more conservative $0.06-$0.14 to $0.20-$0.35 under optimistic scenarios. The core uncertainty is whether the agreed growth will exceed future token supply pressures.

3. AAVE: Reinvestment Consortium Mechanism

According to CoinGecko, AAVE now reported $138.14, an increase of 61 per cent in 7 days; up to $144.04 and 67.88 per cent in 7 days.

Catalyst

In February this year, Aave's community of governance proposedReinvestment Consortium MechanismThe goal is to invest part of the long-term inactive contractual liquidity in low-risk return strategies, thereby increasing financial efficiency, improving deposit earnings and creating new DAO sources of income. V4 is not just a product upgrade, but rather an attempt by Aave to address several issues from the old version: fragmentation of liquidity; insufficient capital efficiency across markets; low returns on idle funds; and difficulties in accessing new assets and new revenue strategies.

Post-market outlook

The continuation of the upward trend in AAVE prices depends on continued growth in V4 capital size and real borrowing needs in new markets.

4. LDO:Lido NEST automatic buy-back mechanism

According to CoinGecko, the LDO now reported $0.38797, an increase of 27.8 per cent in 7 days; up to $ 0.41 and up to 35.6 per cent in 7 days.

Catalyst

14 AugustLido NEST automatic buyback mechanismOfficially fully activated. This governance has resulted in continuous LDO buy-backs by automating the value of agreed revenues with LDO tokens. NEST is a central component of the Lido “LDO Value Alignment” strategy, which aims to allow LDO holders to share more directly in the benefits of growth. The mechanism is supported by the DAO Treasury surplus fund, and when income from Lido pledge operations exceeds the established benchmark, some of the excess revenue will be automatically converted to LDO through COW Swap. Based on the initial parameters set by Lido DAO, the NEST revenue base is $4.0 million annually (approximately $109 million per day). Fifty per cent of the excess will be used to repurchase LDOs with a ceiling of $50,000 per day and a cumulative ceiling of $10 million for 365 days. Repurchases are carried out on a daily basis, using chain processes that do not require permission.

Post-market outlook

According to Coinpedia, $1.23 is the first important barrier point in the way forward. A strong breakthrough could improve market sentiment and open the way for a $2.495 march. However, if LDO loses its 0.2683, empty trends may increase and lead to further downfalls.

5. UNI: Online Robinwood Chain, Uniswap DualPool, roll-out of Pools.trade

The strength of the UNI this time is absolutely linked to its gradual evolution from an cryptocurrency exchange to a chain-based asset trading infrastructure.

According to CoinGecko, UNI now reported $4.34, an increase of 31.2 per cent on 7 days; up to $4.63 and 39.97 per cent on 7 days.

Catalyst

2 July, UniswapOfficial announcementOnline, Robinwood Chain. Uniswap supported Robinwood Stock Tokens from the first day and provided transactional support through Web App, Wallet, API, UniswapX and AM. The official emphasis was on the freedom of movement of these shares along the chain and 24/7 transactions. Users can rely on Uniswap to complete currency exchange in Robinhod Chain, provide liquidity, purchase stock coins, deploy artificial smart trading agents and experience the second tier of the network. Uniswap became the chain-based asset trading infrastructure.

On July 22, Uniswap DualPool went online -- it's an open source. Uniswap v4 Hookby Spark, Uniswap Labs. It allows a marketer to earn the proceeds of borrowing while assets are idle and not put into use until the transaction takes place. Externally, DualPool is a common v4 pool: traders, polymers and solvers carry out transactions through PolManager. Internally, the funds in the pool are held in the ERC-4626 proceeds bank and when transactions are required to be executed, they are drawn into a centralized liquidity position.

On August 6, Uniswap was launchedPools.tradeUniswap continues to expand from the trading platform to the coin platform track. According to the bulletin, Pools.trade is a new Launchpad specially designed for Robinhod Chain, through which users can launch new tokens and new assets have direct access to Uniswap's liquidity and trading system. This is similar to the Pump.fun model, but Uniswap may have a broader goal - Pump.fun mainly serves Solana meme; And behind Pools.trade is Robinwood Chain, Uniswap AMM and the wider ecology.

Post-market outlook

According to Geoff Kendrick, Director of Global Digital Assets Research, Standard Chartered, the market is seriously underestimating the potential for collaboration between Robinhod and high-quality DeFi agreements such as Uniswap, and expects more similar cooperation to take place in the coming quarters, especially around Uniswap. The previously set target value of $100 for 2030 may remain low, mainly because Uniswap has recently been able to repurchase and destroy UNI by agreement at a significantly faster rate.

6. HYPE: Anticipated warming in the U.S. market, AQAv2 approaching revenue-counting phase

HYPE has been a great player since the beginning of this year.

According to CoinGecko, the current figure for HYPE is $78.32, which represents a 31.8 per cent increase in 7 days; up to $82.47 and up to 38.78 per cent in 7 days.

Catalyst

On 20 August, Trump indicated that the Chairman of SEC was facilitating Hyperliquid ' s access to the United States market. Work is under way to enable Hyperliquid to operate within the United States regulatory framework. No specific landing programme and timetable has yet been published. Hyperliquid ' s future market access to the United States could be an important case for de-centralised derivatives trading platforms to comply with and further facilitate chained trading platforms into mainstream financial markets in the United States.

More content to viewHyperliquid Indigenous Compliance: A path to compliance in the United States market

On 17 August, the Alligned Quote Assembly v2 (AQAv2) mechanism in Hyperliquid was about to enter the revenue-counting phase. The mechanism had previously received support from 19 of the 26 certifying officers, with a 69.08 per cent pass rate; In accordance with the established schedule, AQAv2 will begin to draw on stable currency reserve gains on 26 August and the first proceeds are expected to enter Assistance Fund in Hyperliquid on 3 October.

Details are availableUS$4.4 billion US$4.4 billion into the game. HYPE's going to catch new values.

Post-market outlook

According to Trading View, the technology pattern of HYPE has shifted from a strong rebound in the 50-$55 supporting area and repositioned on the 63-$64 resistance zone. Many are still dominant.

7. STX: no trusted Bitcoin pledge

According to CoinGecko, STX is currently at a high of 7 days, with an increase of 96.4 per cent.

Catalyst

21 July, StacksOfficial confirmationSIP-044 and SIP-045 have been approved. Their significance is that they mark the beginning of an era of untrusted Bitcoin Staking, marking a new stage in the development of the BTCFi ecology.

August 11th, Stacks.DeclarationThe first phase of the mechanism is directed to pre-approved institutions and a complete self-custody cycle using real BTC. Since then, STX has allowed the BTC holders to obtain revenue without abandoning BTC’s own trust.

Post-market outlook

According to CryptoRank, the SX uplifting energy increased significantly and the daily RSI indicator exceeded 80, confirming a strong purchasing drive pressure, but also leaving room for short-term disk consolidation following recent vertical increases. The current resistance position is 0.24-0.25. If sustained above that resistance, the reverse structure would be reinforced and $0.30 targeted for attention. Conversely, the break-up of $0.21 to $0.22 will reduce momentum and increase the risk of further reversals to $0.18 to $0.20.

TRUMP: Trump advanced encryption policy development

The logic of the increase in the cryptocurrency described above is not consistent with the fact that TRUMP is a Meme currency and is also a highly tied political asset to Trump.

According to CoinGecko, TRUMP now reported $2.49, which increased by 77.3 per cent on 7 days; up to $3.33 and up to 137.11 per cent on 7 days.

Catalyst

The recent rebound of TRUMP has been dominated by the recovery in encryption market risk and the continuation of Trump ' s drive towards an cryptocurrency regulatory framework in the United States.

On 19 August, Trump, the Chairman of CFTC, the Chairman of SEC and the leadership of the encryption industry participated in the White House Encryption Summit and delivered a speech that benefited the encryption industry. Trump stated that we want to ensure that the United States not only maintains an indisputable lead in the field of bitcoin and cryptocurrency, but also in areas such as forecasting markets, artificial intelligence; I learned that Sellig is also trying to get Hyperliquid into the United States in full compliance and legal terms. We now need Congress to take the next step by adopting the Clear Bill.

Details are availableWhat did the White House Encryption Summit, Trump and encryption leaders say?

Just one day before the White House summit, the SEC offered a good profit: it planned to provide an exemption for the issuance of some crypto assets related to investment contracts. According to the proposal, eligible issuers could finance up to $5 million over four years or $75 million per year if they met disclosure requirements. The proposed rules also include a conditional “safe harbour”.

Details are availableUnited States SEC official proposal “Screenly Asset Code: Two Levels of Exemption + Safe Port”

Post-market outlook

According to FXOPEN, the price projection for TRUMP in 2026 is between $1.02 and $11.20. By 2030, the target range will be expanded to between $1.90 and $69.90. In addition, political action, regulatory changes, market sentiment, bitcoin market cycles, and the removal of tokens will have an impact on TRUMP prices.

9. Pump: Upgrading social transactions, market risk preferences

Unlike TRUMP, the value of TRUMP is highly dependent on Trump, a large IP; behind Pump.fun, a meme-currency distribution platform.

According to CoinGecko, PUMP now reported US$0.005031, which increased by 71.7 per cent on 7 days; up to US$0.005341 on 7 days and up by 82.29 per cent on 7 days.

Catalyst

7 August, Pump.fun DeclarationThe update includes: user creation of token alerts to send a message to all those who care; support for zero-fee transactions; and support for the use of USDC for seamless cross-chain transactions.

In addition, PUMPs are naturally highly resilient when market risk tends to recover. As long as SOL ' s eco-trading heat is restored and a large number of new currencies are reissued, Pump.fun may be back on one of the most profitable platforms in the chain. While PUMP may increase prices at a time when the trade is on the right track, it will also decline sharply at a time of downturn in business. Therefore, the post-PUMP market cannot look at prices alone but is continuously observing Pump.fun ' s fee income, the amount of currency issued and the volume of Solana DEX transactions.

Post-market outlook

According to FX Empire, if it is the beginning of a cryptocurrency cow market, Pump.fun’s prices may continue to soar in the coming months. PUMP is one of the first assets to break the 200-day average moving index (EMA). Usually, this technological breakthrough marks the beginning of a cattle market.

10. PEPE: Meme Lines of Love, Encryption Lines Rising

Unlike the above-mentioned TRUMP and PUMPs, PEPE booms are mainly influenced by a general increase in cryptocurrency and the whole Meme line of love rotation, rather than driven by basic information from PEPE itself.

According to CoinGecko, PEPE now reported US$ 0.00004083, which increased by 58.9 per cent on 7 days; up to US$ 0.0000439, and up by 70.85 per cent on 7 days.

Catalyst

It is widely accepted that the increase in PEPE is associated with an increase in the encryption market itself and with meme-line love rotation. The policy signals supporting cryptocurrency and the breakthrough of bitcoin pushed up the entire encryption market, with the excess proceeds of a meme like PEPE; In the Meme track, PEPE is considered to be one of the strongest kings in the OG series and, more specifically, traders prefer to use PEPE as a leverage asset to participate in this wave, so it acts better than other currencies.

Post-market outlook

According to Coinpedia, the prospects for PEPE in 2026 will depend largely on market liquidity, whale trading and a recovery of investor interest.

According to the “90-day spot trade volume CVD” indicator, the cumulative difference between market buy-in and market sales has turned positive and is increasing, indicating that highly believed traders are actively buying PEPE at market prices rather than waiting for a more passive deal at lower prices. The PEPE price in 2026 may range from US$0.000166 to US$ 0.00001450, with an average price of US$ 0.0000725.