Close Menu
AsiaTokenFundAsiaTokenFund
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
What's Hot

Ethereum Breaks $4,000 — Analysts Say $10K Could Be Next as Institutions Pile In

August 9, 2025

Crypto Regulations in Bhutan 2025

August 9, 2025

Trump-Backed WLFI Targets $1.5B Crypto Fundraise

August 9, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) YouTube LinkedIn
AsiaTokenFundAsiaTokenFund
ATF Capital
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
AsiaTokenFundAsiaTokenFund

YALA token explodes on Binance leverage listing and cross-chain expansion

0
By Aggregated - see source on August 8, 2025 Crypto News
Share
Facebook Twitter LinkedIn Pinterest Email

  • YALA jumped 50% after the Binance 50x leverage listing.
  • Cross-chain launch on Base and Solana boosts adoption.
  • The RSI is near 90, signalling overbought conditions and risk of pullback.

The price of the YALA token has today jumped by over 50%, hitting a high of $0.4451. Within the past 24 hours alone, YALA has gained more than half its value, far outpacing the broader crypto market’s performance.

The main reason for the sudden YALA price explosion is Binance’s new 50x leverage listing, which has amplified speculative interest in the cryptocurrency.

Binance leverage trading launch fuels massive rally

Binance’s introduction of YALAUSDT perpetual contracts with up to 50x leverage on August 8 has been a major catalyst.

Binance Futures will launch the USDⓈ-M $YALA and $CARV Perpetual Contracts at

August 7 2025, 16:30 & 16:45 (UTC) respectively

Read more https://t.co/AYaAf0DEZM

— Binance Futures (@BinanceFutures) August 7, 2025

Such listings often trigger heightened volatility, as traders rush to take advantage of amplified gains.

This time has been no exception. On the first day of trading, YALA’s derivatives volume soared to $276 million, even after a late-session dip in activity.

The influx of speculative positions has significantly boosted market liquidity, while also increasing the risk of sharp pullbacks if momentum fades.

Market analysts are closely watching open interest and funding rate trends on Binance’s derivatives platform to gauge whether the rally can maintain its pace.

A sustained build-up in long positions could keep prices elevated, but a sudden wave of liquidations might reverse gains just as quickly.

Cross-chain expansion drives long-term optimism

Beyond speculative trading, YALA’s cross-chain growth is adding substance to the rally.

The token has officially launched on Base, Coinbase’s Ethereum Layer-2 network, while also deepening its integration with Solana.

The move allows Bitcoin-backed liquidity to flow seamlessly across multiple chains, opening up new DeFi yield opportunities for BTC holders without requiring them to sell their assets.

According to Yala’s latest updates, the protocol’s total value locked reached $220 million in July, a sign of growing adoption.

Base’s compliance-focused infrastructure also gives US-based users direct access to Yala’s marketplace and RealYield programs.

Combined with Solana’s high-speed capabilities, this positions YALA to tap into both regulated and high-performance DeFi ecosystems.

Recent product announcements have also strengthened investor confidence.

On August 7, Yala relaunched its Transparency Hub, giving the community real-time access to metrics such as TVL, collateralization ratios, USDC reserves, and token circulation.

The same day, Yala kicked off a month-long trading competition on PancakeSwap, offering $50,000 in YALA-specific rewards to eligible traders.

This initiative is expected to boost retail participation and increase liquidity on the decentralised exchange.

Overheated technicals signal caution

While the fundamentals are improving, technical indicators suggest that the rally may be overheating.

YALA’s seven-day relative strength index recently hit 89.52, well into overbought territory.

In the past week alone, the token has surged 151%, lifting it well above its short-term moving averages.

If the price falls below the $0.40 level, profit-taking could accelerate and trigger a short-term correction.

However, holding above $0.42 would signal that bullish momentum remains intact and could extend the rally.


Share this article

Categories

Tags



Credit: Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Missed Tron’s (TRX) 100x? Ruvi AI (RUVI) Is Your Second Best Shot as Sales Skyrocket After CoinMarketCap Listing, Over 220M Sold Tokens in No Time

August 8, 2025

Ruvi AI’s (RUVI) 220M Token Sales and CoinMarketCap Listing Could Make You Millions, Experts Say It’s a Ripple (XRP) in the Making

August 8, 2025

Under $0.10 but already up 500% in 2025: why top BTC and SOL holders are stacking XRP’s newest rival

August 8, 2025
Leave A Reply Cancel Reply

What's New Here!

Ethereum Breaks $4,000 — Analysts Say $10K Could Be Next as Institutions Pile In

August 9, 2025

Crypto Regulations in Bhutan 2025

August 9, 2025

Trump-Backed WLFI Targets $1.5B Crypto Fundraise

August 9, 2025

Pi Network Defends 100 Billion Coin Supply, Rejects Token Burning Plans

August 9, 2025
AsiaTokenFund
Facebook X (Twitter) LinkedIn YouTube
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
© 2025 asiatokenfund.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.