Latest Crypto News and Market Updates – September 29

1. BTC, ETH and SOL rise as market cap grows

Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) all moved higher as the total crypto market cap increased by 2.1% in the past 24 hours. Standout performers included $KAITO and $PUMP. The key question: is this just a “weekend pump” amid low liquidity, or the start of a real recovery?

2. Plasma deposits surpass $6.5B

According to Aave, total deposits on Plasma exceeded $6.5B, with over $1.5B flowing in daily. Lending APY hit 38%, attracting strong capital inflows. $XPL is trading around $1.5.

3. Hypurr NFT floor price hits record high

Hypurr NFT reached a floor price of 1,310 $HYPE (~$61,500) on HyperLiquid. This milestone is expected to drive further attention to $HYPE, which has risen for three straight days to $47.

4. Aster leads DEX trading volume

Over the past 24 hours, Aster topped decentralized exchanges in trading volume, followed by Hyperliquid and Lighter. Traders are now watching for Hyperliquid’s next move.

5. Kaito Launchpad booms with Limitless sale

The Limitless token sale on Kaito Launchpad was oversubscribed by more than 50x. As a result, $KAITO surged nearly 30% in 24 hours, climbing above $1.35.

6. Major token unlocks ahead

Several major tokens including $OP, $SUI, $EIGEN, and $ENA are set for unlocks soon. Analysts warn of potential sharp volatility and even flash crashes.

7. WLFI burns over 3.1M tokens

$WLFI has burned more than 3.1M tokens, with active market-making continuing. However, its price remains around $0.215, and on-chain activity is weaker compared to Plasma.

8. PlanB: Bull/bear pivot happened in June

PlanB stated that the bull/bear pivot point appeared as early as June 2025. He believes the market may now be entering a phase of steady long-term growth, without extreme FOMO or sharp collapses.

Overall: On September 29, the crypto market saw gains across majors BTC, ETH, and SOL, while altcoins like KAITO and PUMP grabbed the spotlight. Plasma deposits surged, Kaito Launchpad exploded, and PlanB reinforced optimism for a long-term bullish cycle.

Disclaimer: The content above reflects the author’s personal views and does not represent any official position of Cobic News. The information provided is for informational purposes only and should not be considered as investment advice from Cobic News.