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Cryptocurrencies Price Prediction: Bitcoin, Lido DAO & Cardano – American Wrap 08 May

FXStreet Team FXStreet

Stacks price new uptick has everything to do with Bitcoin network’s recent backlog, 50% rise underway?

Stacks (STX) price is bullish despite most players in the crypto arena recording losses. The fresh uptick is attributed to the recent debacle on the Bitcoin backlog, where the Binance exchange reported congestion on the TC network.

Lido DAO price plunges 31% in a month, leading to 4 million LDO accumulation

Lido DAO price has been charting its own path, painting red on the charts, unlike Bitcoin and the leader of the altcoins, Ethereum.

Despite having dominance in the DeFi space, Lido DAO is losing traction due to a build-up of negative sentiments, leading to an enormous amount of LDO being moved in a single day.

Cardano price to end Monday turmoil as US session gets underway with 5% pop

Cardano (ADA) price is adding some marginal but vital gains on Monday. After a very bearish ASIA PAC and European session, ADA bulls are looking beyond the turmoil from Binance that shook the market with the lifting and reactivation of its ban for Bitcoin withdrawals. As altcoins are licking their wounds, the US session looks promising for Cardano, with price action set to recover and reclaim lost ground from the past weekend.

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FXStreet Team

FXStreet

Pi Network Price Forecast: Core team offloads supply, weighing on PI recovery

Pi Network hovers below $0.1700, broadly steady at press time on Monday, attempting a recovery after a 2% loss the previous day. Sunday’s decline aligned with nearly 49 million PI tokens offloaded by the Pi Foundation, implying a spike in supply pressure that capped the prevailing four-day recovery.

Cosmos Hub Price Forecast: ATOM under pressure as bearish momentum accelerates

Cosmos Hub steadies near $1.82 at the time of writing on Monday, following a 20% decline the previous week. Weakening on-chain and derivatives data support a bearish outlook, while technical analysis remains unfavorable.

Meme Coins Price Prediction: Dogecoin, Shiba Inu, and Pepe show bearish signals at key levels

Meme coins are hovering around key support zones at the start of this week on Monday, after extending losses in the previous week. Dogecoin (DOGE) signals a neutral near-term bias with a slight bearish tilt.

Solana Price Forecast: SOL consolidates amid rising Middle East tensions

Solana (SOL) trades around $84 at press time on Monday, coiling further within a consolidation range that keeps the momentum trapped. Institutional interest in Solana resurfaced last week, with inflows of over $44 million capping downside pressure.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.