OVERVIEW

Single Digit Fear Index Means We’re Basically Collecting Rare Achievements at This Point 🤣

Before we dive in, here’s today’s crypto market heatmap:

Source: finviz

And here’s a look at crypto’s total market and altcoin market cap charts:

Source: TradingView

TECHNICAL ANALYSIS
The Week That Was 💀

Last week, the altcoin market held a funeral. Nobody sent flowers. The deceased included five tokens of varying age and pedigree, all of whom had been on life support for months before the machines were quietly unplugged sometime around Thursday. 📉 

But do check the last part of this narrative.

Cardano

Cardano went first, the way old animals do – not dramatically, just a slow walk into the tall grass and a refusal to come back. ADA closed the week at $0.24, a price last seen in December 2020. The 2022 bear market – the one that took FTX, Three Arrows Capital, and what remained of several people’s marriages – never got ADA this low.

ADAUSD Weekly Chart – Click to enlarge.

This cycle managed it without even trying. The weekly candle was a shooting star, which is a poetic name for a chart pattern that means someone briefly got excited and then immediately regretted it. But it is also a pattern that has some Japanese candlestick fanatics feeling a happy bullish feeling in their body.

Polkadot

Polkadot didn’t so much fall as it excavated. DOT closed at $1.26 – a price that does not exist anywhere in its trading history. Not in 2022. Not in the depths of the last bear market. Not ever. The 2022 cycle floor was $4.37. The current price is $1.26.

DOTUSD Weekly Chart – Click to enlarge.

The weekly candle was 57% body, which is the candlestick equivalent of a man walking briskly off a cliff with his hands in his pockets.

Tezos

Tezos joined DOT in the record books, though Tezos has more records to break given it’s been around since 2017. XTZ closed at $0.34, printing a new all-time low weekly close going back eight and a half years.

XTZUSD Weekly Chart – Click to enlarge.

The previous record was January 2019 – the absolute nadir of one of the most brutal bear markets crypto has ever produced – when XTZ closed at $0.37. That floor held for six years. It was broken last week with the casual indifference of someone stepping on a paper cup.

Avalanche

Avalanche came in carrying the ghost of its September 2025 flash crash like a bad omen it refused to process. Back then, AVAX briefly printed a $9.01 low in a single terrifying week before rocketing back to close at $22.53.

AVAXUSD Weekly Chart – Click to enlarge.

At the time, that wick was treated as a momentary panic – an overreaction, a gift for buyers, a buying opportunity that appeared in all-caps in newsletters. Last week, AVAX calmly, methodically, without any drama whatsoever, closed below that flash crash low.

Not briefly. Not intraweek. On the weekly close. The market didn’t panic to get here. It strolled. The Composite isn’t even in oversold territory, which means the chart is printing multi-year lows while the momentum indicators shrug.

XRP

XRP, to its credit, is merely embarrassed rather than destroyed. It closed at $1.33 – a full round trip on the entire post-election rally, back to the week of November 10, 2024, when the breakout was just beginning and people were writing breathless threads about regulatory clarity and institutional adoption.

XRPUSD Weekly Chart – Click to enlarge.

Sixteen months later, every cent of that move has been returned to the market. XRP got a hall pass, a court victory, and a narrative tailwind, and it handed all of it back.

Ondo Finance

And then there’s Ondo Finance, the lone green candle in the morgue – up 4.72% on the week and somehow still the saddest entry. ONDO closed at $0.257. Its first-ever weekly close in January 2024 was $0.257.

ONDOUSD Weekly Chart – Click to enlarge.

The intraweek candle ran 18% to the upside, hit $0.291, and was immediately rejected back to the open. The market tried to care about ONDO last week. It reconsidered.

Sneaky Bull?

The one genuinely interesting technical note buried in all of this: the DPO for several of these assets is grinding higher toward zero – the threshold that, when crossed in alignment with the Composite Index above its moving averages, has historically preceded major bull starts.

The structural preconditions are assembling themselves in the background, quietly.

No one has pulled the trigger yet, but someone is loading the gun. 🏇 

NEWS IN THREE SENTENCES
AI, Stablecoins, & Privacy News 🕵️

🏛️ Alchemy Pay Collects Another Hong Kong License

Alchemy Pay and HTF Securities expanded HTF’s Hong Kong SFC Type 1 license to include virtual asset dealing for both retail and professional investors. Paired with the previously upgraded Type 4 license – and a planned push into Type 9 – that gives them a much more serious regulatory stack for securities, advice, and eventually asset management. Strip away the press-release perfume and the point is simple: firms still want crypto access in regulated wrappers, and Hong Kong keeps volunteering to be the testing lab. AlchemyPay.

🐞 Paxos Puts $1M on the Table

Paxos launched a public bug bounty program on Cantina with payouts up to $1 million in USDG for critical findings. The scope covers both Web3 and Web2 surfaces, including major contracts like USDG, PYUSD, and PAXG, plus APIs, domains, and cross-chain infrastructure. It starts as invite-only for Cantina researchers, but the message is clear enough: if you are going to sell stablecoin trust at scale, eventually you have to pay people to try breaking it. Paxos.

NEWS IN THREE SENTENCES
Real World Asset Tokenization (RWA) News 🪙

📡 Helium Gives IoT Fleets a Real Onramp Instead of More Edge-Device Suffering

Helium introduced Gateway Fleet Onboarding support for its IoT network, targeting operators running large LoRaWAN deployments with hundreds or thousands of Hotspots. The new multi-gateway server accepts standard Semtech UDP connections, auto-provisions unique keypairs, and shifts operational complexity off individual gateways and into a central server where it belongs. Not flashy, but it is the kind of boring infrastructure upgrade that makes commercial deployment possible – which, inconveniently for the skeptics, is where real utility tends to show up. Helium.

📊 Truflation Tweaks CPI Weights Because Reality Kept Moving Without Asking

Truflation updated its 2026 TruCPI-US weights using 2025 household spending data, with health rising to 8.8% from 8.6%, utilities to 6.0% from 5.9%, and housing edging down to 23.1% from 23.2%. The firm says the headline impact is tiny – less than 0.01% today and about 0.0003% on average since 2009 – but the category shifts still matter if you care where inflation pressure is actually coming from. Truflation.

NEWS IN THREE SENTENCES
Metaverse, NFT, & Gaming News 🎮️

🧭 Gala Finally Built a Block Explorer That Doesn’t Feel Like Homework

ChainMeter is a real-time GalaChain explorer built to make onchain data readable for normal humans instead of only the kind of person who enjoys staring at raw hashes for fun. Under the hood, it runs on a custom high-performance indexer, so the clean UI is not just makeup on a slow backend. The bigger play is trust and utility – API access, third-party tools, and less friction for builders in a network that still has plenty of open field. GalaGames.

⚽ Flow’s Football Game Keeps Going Because Ownership Works Better When It Actually Exists

MFL Season 13 opens March 31 on Flow, with more than 5,000 active managers, over 1.7 million matches played, and more than $5 million in in-game asset value plus $3 million in lifetime secondary volume. The game runs in-browser with no wallet setup or gas fees, while Cadence smart contracts handle persistent ownership, contracts, transfers, and all the machinery that usually gets buried under buzzwords. Flow.

NEWS IN THREE SENTENCES
DeFi, DEX, & Lending News 🏦

💸 0x Turns “Pay With ETH, Merchant Gets USDC” Into One Transaction

0x added a recipient parameter to its Swap and Gasless APIs, letting users swap one asset and send the output directly to another address in the same transaction. That cuts the usual two-step mess – swap first, transfer second – into one settlement flow, which means fewer gas fees, fewer failure points, and less nonsense for merchant checkout, treasury payouts, and peer payments. 0x.

💵 Stablecoin Payments Are Growing Fast – The Infrastructure, Less So

A McKinsey-Artemis study says real stablecoin payments hit $390 billion in 2025, with B2B making up $226 billion, nearly 60% of the total, and growing 733% year over year after stripping out trading and internal on-chain churn. That is real adoption, but the messy part still lives off-chain: offramp delays, compliance freezes, and reconciliation work that can turn a 1-minute settlement into a 72-hour accounting headache. So yes, the rails are working, but the rest of the system still looks like someone bolted a jet engine onto a farm trailer and called it enterprise payments. Lisk.

NEWS IN THREE SENTENCES
Protocol News 🏦

🗳️ Stacks Got 97.5M Yes Votes and Still Found Time for a Voting Glitch

Stacks voters approved SIP-039 with 97,497,945 STX in favor and exactly 0 STX against, which is about as unanimous as crypto governance gets before someone writes a thread about process trauma. The upgrade activates Epoch 3.4 and Clarity 5, bringing passkeys, safer DeFi transaction protections, deeper contract logic, better execution efficiency, and state pruning that cuts node storage from roughly 1TB to a fraction of that. A snapshot error did force a re-audit of early votes, but every reviewed ballot stayed Yes, so the result held and the chain moves on. Stacks.

🔧 Algorand Rebuilds the Engine Room Instead of Posting Another Vision Thread

The Algorand Foundation added five technical hires from Algorand Technologies as protocol and ecosystem operations move under one roof. Chris Peikert steps in as Chief Scientific Officer after leading cryptography work including Algorand’s post-quantum efforts, while John Jannotti, Pavel Zbitskiy, John Lee, and others bolster protocol engineering and infrastructure. Algorand.

STOCKTWITS
Latest Stocktwits Podcasts & Videos 😱

The Latest Cryptotwits Podcast – DeFi Hacks, MEV “Sandwich Tax,” and Why CME Wants 24/7 Futures

The Howard Lindzon Show – Truth Social Moves Markets + Why Young Traders Think the Market’s Rigged

Talking Tickers – AI Spending vs Layoffs: META Debate, ServiceNow Value Case, and HIMS Risk/Reward

Boardroom Exclusives – Emergent BioSolutions CEO Joe Papa on the Turnaround, Narcan, and Global Growth

StocktwitsTV – After the IPO: Swarmer CEO Explains the Moat, Data Flywheel, and Backlog

True Odds Podcast – Big Ten to Win It All? Conference Winner Market + Sweet 16 Picks

Get In Touch 📬

Email me, Jonathan Morgan, feedback; I’d love to hear from you. 📧
Follow me on Stocktwits 🫂 And Sponsor this newsletter 😎 

Terms & Conditions 📝

Securities Disclaimer: STOCKTWITS IS NOT A TAX ADVISOR, BROKER, FINANCIAL ADVISOR OR INVESTMENT ADVISOR. THE SERVICE IS NOT INTENDED TO PROVIDE TAX, LEGAL, FINANCIAL OR INVESTMENT ADVICE, AND NOTHING ON THE SERVICE SHOULD BE CONSTRUED AS AN OFFER TO SELL, A SOLICITATION OF AN OFFER TO BUY, OR A RECOMMENDATION FOR ANY SECURITY. Trading in such securities can result in immediate and substantial losses of the capital invested. You should only invest risk capital, and not capital required for other purposes. You alone are solely responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. You should also consult an attorney or tax professional regarding your specific legal or tax situation. The Content is to be used for informational and entertainment purposes only and the Service does not provide investment advice for any individual. Stocktwits, its affiliates and partners specifically disclaim any and all liability or loss arising out of any action taken in reliance on Content, including but not limited to market value or other loss on the sale or purchase of any company, property, product, service, security, instrument, or any other matter. You understand that an investment in any security is subject to a number of risks, and that discussions of any security published on the Service will not contain a list or description of relevant risk factors. In addition, please note that some of the stocks about which Content is published on the Service have a low market capitalization and/or insufficient public float. Such stocks are subject to more risk than stocks of larger companies, including greater volatility, lower liquidity and less publicly available information. Read the full terms & conditions here. 🔍

Author Disclosure: The author of this newsletter holds positions in AVAX, ADA, PUDGY, WLD, NEAR, INJ, LTC, LINK, ZEC, XLM, and FET. 📋