Solana News Today: Crypto Giants Falter as XYZVerse's Esports Play Gains Momentum

Generated by AI AgentCoin World
Saturday, Oct 11, 2025 1:29 am ET1min read
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Aime RobotAime Summary

- Ethereum and Solana faced price declines in late 2025, with ETH dropping 4.32% to $4,200.81 and SOL down 7.85% weekly despite institutional support.

- XYZVerse, a sports-themed memecoin, raised $15M in presale with a $0.005 price, planning a $0.10 listing and a 17.13% token burn rate.

- The project launched a blockchain esports league with 5.5M XYZ tokens in prizes, integrating play-to-earn mechanics and betting rewards via bookmaker.XYZ.

- Analysts highlighted XYZVerse's speculative potential against Ethereum's $7,500 target, noting its deflationary model and 15% liquidity allocation as growth drivers.

Ethereum and SolanaSOL-- experienced price declines in late 2025, while XYZVerse emerged as a notable contender in the cryptocurrency market, raising $15 million in its presale and launching a blockchain-based esports initiative. Ethereum's price in September 2025 closed at $4,200.81, a 4.32% drop from the month's high of $4,714.83 Ethereum Price Prediction October 2025: ETH Targets $4,300 as Exchange Supply Hits 9-Year Low[2]. Solana (SOL) stabilized around $169, supported by institutional buying despite a 7.85% weekly decline . Meanwhile, XYZVerse, a sports-themed memecoinMEME--, gained traction with its $0.005 presale price and plans for a $0.10 listing, backed by a 17.13% token burn rate and 15% liquidity allocation .

The project's CS2 League, featuring a 5.5 million XYZXYZ-- token prize pool, attracted 1 million anticipated viewers, blending esports with crypto participation. Token holders gain access to betting rewards and play-to-earn mechanics via partnerships with bookmaker.XYZ . XYZVerse's presale, structured across 15 stages, raised over $15 million, with early investors securing tokens at $0.0001 before the price climbed to $0.0054 .

Analysts noted Ethereum's potential for a $7,500 target by year-end, driven by ETF inflows and stablecoin growth, though its $500 billion market cap limited upside compared to XYZVerse's speculative potential XYZVerse Presale Raises $15M, Merging Sports and Crypto[4]. Solana's ecosystem growth, including DeFi and NFTs, supported its resilience, but its 20.84% six-month decline highlighted market volatility . XYZVerse's deflationary model and community incentives, including 10% of tokens allocated for airdrops, positioned it as a long-term play in the memeMEME-- coin sector .

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