Cryptocurrencies Surge 146% as Enlightify Inc. Buys $20 Million in CYBER

Cryptocurrencies experienced a surge on Friday following the passage of the Trump-backed stablecoin bill by Congress. Bitcoin led the rally, reclaiming the $120,000 mark and outperforming other major cryptocurrencies such as Ethereum, XRP, and Cardano. This performance hinted at a potential altcoin season, where alternative cryptocurrencies could see significant gains.

Amidst this optimistic environment, the native token of Cyber received a substantial boost. Enlightify Inc. announced plans to purchase CYBER coins worth $20 million over the next twelve months. This marks the first instance of a publicly traded company incorporating CYBER into its crypto treasury, as confirmed in a July 17 press release.

The firm will execute these purchases in phases, employing the dollar-cost-averaging (DCA) approach to mitigate volatility. This strategy involves buying fixed amounts of CYBER at regular intervals, regardless of the token's price, to reduce the impact of price fluctuations on the overall investment.

Following this bullish announcement, attention has turned to the price charts of CYBER. Notably, the token has broken out from a long-standing descending wedge pattern on the weekly chart, which is typically seen as a bullish reversal signal. This breakout has paved the way for CYBER to target the key resistance level at $4.43, representing an approximate 146% rally from its current price of $1.80.

Institutional confidence in CYBER has added credibility to the token. Historically, institutions have favored top tokens like Bitcoin and Ethereum when entering the digital assets space. However, Enlightify’s decision to incorporate CYBER into its treasury reflects a maturing blockchain industry, where experts are exploring innovation and utility over pure store-of-wealth assets.

The Cyber token powers a decentralized platform focused on social infrastructure and artificial intelligence, positioning it as a relevant project in a future defined by trustless, intelligent systems. Enlightify’s move opens the doors for other institutions to navigate the Cyber ecosystem, while anchoring the native token as a treasury-grade asset. Furthermore, Enlightify plans to hold CYBER for the long term, confirming trust in the project’s future.

The official announcement indicated that the company intends to hold the acquired tokens as a long-term digital asset and will review the position periodically based on market conditions and corporate strategy. This move comes after Enlightify’s blockchain-centered subsidiary, Antaeus Tech, realigned on June 25, 2025, to lead the firm’s crypto strategy. Antaeus now handles validator management, staking operations, and treasury positioning.

Looking ahead, CYBER remains poised for impressive gains, supported by a falling wedge breakout on the weekly chart. The digital coin gains momentum after months of substantial selling pressure. Broad-based bull runs could trigger a decisive candlestick closing above $2, potentially seeing CYBER targeting the massive sell wall at $4.43. That would translate to a 146% increase from the current value. However, failure to reclaim $2 could delay the surge, while breaching the support barrier at $1.50 would invalidate the bullish setup and catalyze sideways or declining prices.