From token unlock crashes to strategic buyback programs and leverage-fueled rallies, today’s crypto market delivered a mixed bag. Solayer (LAYER) plummeted after a massive token unlock rattled confidence, while ALPINE surged thanks to leveraged futures and fan-driven hype. Haedal (HAEDAL) turned heads with its DeFi-first buyback model, and WLTH saw development updates despite a price slide.
Meanwhile, MOVE continues to suffer from internal mishandlings and investor mistrust. These five names are at the center of attention as traders digest a volatile mix of institutional shifts, community updates, and broader macroeconomic stress.
Common Wealth (WLTH)
Price Change (24H): -9.59% Current Price: $0.0072
What happened today
Common Wealth, despite a market dip, teased upcoming updates including integration of Fairside Insurance into transaction flows, a Uniswap widget, governance automation, user referrals, and a new $WLTH economy app subpage. The announcements signal renewed development activity, though market sentiment appears to remain cautious.
Market Cap: $5.87M 24-Hour Trading Volume: $1.87M Circulating Supply: 815.42M WLTH
Solayer (LAYER)
Price Change (24H): -40.84% Current Price: $1.75
What happened today
Solayer saw a steep drop due to a massive 27M token unlock (nearly 13% of supply) triggering fears of dilution. A large whale reportedly shorted LAYER before the unlock, accelerating the sell-off. Technical indicators turned bearish, with the RSI dipping below 50 and a MACD bearish crossover, fueling uncertainty about whether the token can maintain its previous bullish momentum.
Market Cap: $368.64M 24-Hour Trading Volume: $1.24B Circulating Supply: 210M LAYER
Haedal Protocol (HAEDAL)
Price Change (24H): +10.95% Current Price: $0.1657
What happened today
Haedal launched its buyback program, directing 50% of its protocol yield to purchasing HAEDAL tokens on the secondary market. These bought-back tokens are redistributed to veHAEDAL stakers weekly. The community-centric move was met with optimism, signaling long-term value alignment and boosting investor confidence.
Market Cap: $32.32M 24-Hour Trading Volume: $295.42M Circulating Supply: 195M HAEDAL
Movement (MOVE)
Price Change (24H): -0.11% Current Price: $0.1654
What happened today
MOVE continues to reel from internal controversies. A disastrous market-making deal resulted in a 66M token dump and a 47% price crash. Legal and internal investigations exposed poor oversight, insider conflicts, and liquidity control concerns. Despite Binance’s Launchpool listing and a 500M token transfer, investor trust remains fragile.
Market Cap: $413.7M 24-Hour Trading Volume: $327.62M Circulating Supply: 2.5B MOVE
Alpine F1 Team Fan Token (ALPINE)
Price Change (24H): +38.68% Current Price: $1.08
What happened today
ALPINE surged after Binance and Gate.io both launched perpetual contracts offering up to 75x leverage. Coupled with marketing from the Alpine F1 Team for an exclusive racing experience giveaway, interest in ALPINE skyrocketed. However, concentration risks loom, with the top 3 wallets holding over 97% of supply.
Market Cap: $16.79M 24-Hour Trading Volume: $66.15M Circulating Supply: 15.51M ALPINE
Global Market Snapshot
Global markets faced heightened volatility as debt levels soared and trade tensions escalated. The Institute of International Finance reported that global debt has hit a record $324 trillion, with emerging markets contributing significantly to the surge. China alone added over $2 trillion in Q1 2025. Meanwhile, a sharp reversal in Asian currency trends has sent warning signals about de-dollarization, with Taiwan, Singapore, and Hong Kong leading a wave of dollar divestment. Wall Street was rattled by President Trump’s renewed tariff threats, particularly in the pharma sector, driving down major indexes. The U.S. trade deficit widened to a record $140.5 billion, pressuring GDP and triggering further market unease. Market watchers are now focused on the Fed's upcoming decision amid growing fiscal concerns and global capital shifts.
Closing Thoughts
Investor sentiment across crypto today is notably fragmented. While tokens like HAEDAL and ALPINE suggest rising appetite for community-driven and utility-backed projects, LAYER’s sharp decline highlights the market’s sensitivity to supply inflation and insider activity. MOVE’s continued fallout reinforces concerns around governance and transparency in newer Web3 foundations. Still, we’re seeing significant volume and price action in smaller altcoins indicating that participants remain actively engaged, but increasingly selective.
Globally, financial anxiety is escalating. The historic rise in global debt, de-dollarization trends in Asia, and rising trade protectionism under Trump 2.0 are casting long shadows on traditional finance. This spillover into crypto is evident: riskier, inflation-prone tokens are being punished, while narratives with strong communities, real-world tie-ins, or adaptive tokenomics are being rewarded. As traditional markets look increasingly fragile, crypto is both absorbing and reacting to the broader shift in capital and trust.