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Cryptocurrency News Articles

RTX Wallet, Trust Wallet, and Beta Launch: What's the Buzz?

Aug 03, 2025 at 05:30 pm

A look into Trust Wallet Token's bullish trends and Axelar Network's Fullport beta launch, reshaping the DeFi landscape.

RTX Wallet, Trust Wallet, and Beta Launch: What's the Buzz?

The DeFi space is buzzing with activity! From Trust Wallet Token (TWT) showing impressive strength to Axelar Network launching Fullport in private beta, let's dive into the key trends and insights.

Trust Wallet Token (TWT): Bullish Signals Ahead?

Trust Wallet Token (TWT) has been turning heads. As of July 20, 2025, TWT was priced at $0.8328, a modest 1.0% increase in the past 24 hours, but don't let that fool ya. Technical analysis suggests a potentially significant upward move is on the horizon.

Key Observations:

  • Trendline Breakout: TWT has broken a long-term downward trendline, hinting at a bullish phase.
  • Price Target: Analysts project a potential 66.31% gain, targeting the $1.50 zone.
  • Support and Resistance: Immediate support is at $0.8164, while resistance sits at $0.8379. Breaching the resistance could fuel further momentum.

The daily chart shows a breakout above a descending resistance line that had been holding back upward movement since early Q1 2025. This breakout, supported by a solid base in the $0.75–$0.77 range, indicates strong accumulation.

What's Driving the Optimism?

Several factors contribute to the bullish outlook:

  • Overcoming Resistance: TWT has successfully surpassed previous resistance levels, clearing the path toward the $1.50 target.
  • Building Momentum: The increasing momentum suggests a self-reinforcing cycle, where rising prices attract more buyers, further driving up the price.
  • Market Sentiment: Overall, investors are increasingly optimistic about the potential for further price appreciation of TWT.

Axelar's Fullport Beta Launch: A New Trading Interface

Meanwhile, Axelar Network has launched Fullport in private beta. This new trading interface provides native access to Hyperliquid, marking the first integration of its kind via Axelar. More features are expected down the line.

Fullport Highlights:

  • Unified Interface: A single interface for multiple markets.
  • Native Speed and Liquidity: Access to native speed and liquidity.
  • Streamlined Experience: A streamlined perpetuals trading experience.

Axelar's Role in Web3

Axelar is designed to facilitate secure cross-chain communication for Web3, serving as a pivotal tool for decentralized applications (dApps) builders. Axelar aims to simplify and enhance cross-chain communication while maintaining security and flexibility.

Final Thoughts

From TWT's potential price surge to Axelar's Fullport beta launch, the DeFi space is brimming with innovation and opportunity. Keep an eye on these developments – they could reshape the landscape as we know it! Who knows what tomorrow will bring in the crazy world of crypto? Stay tuned, folks!

Original source:analyticsinsight

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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