The crypto market has experienced high volatility in recent weeks, but analysts are already discussing which crypto will 100x next as major firms like Coinbase continue to make bold moves.
In a recent acquisition, Coinbase has acquired Echo, an on-chain fundraising platform. This expansion has sparked optimism as major crypto players increase their presence in early-stage funding.
The company sealed the deal with a $375 million offer made up of cash and stock. This acquisition ranks among the biggest crypto deals of 2025, highlighting strong market activity.
Meanwhile, the broader crypto market sentiment has again turned bearish as Bitcoin experienced strong rejection from the $114,000 mark and currently trades at $108,215 with a 3.57% dip in the past seven days.
However, some of the emerging crypto ventures, like Bitcoin Hyper, are still showing immense strength, with $24.5 million raised in presale and gaining attention as the next big altcoin of 2025.
Coinbase Expands With Capital Raising Platform Echo for $375M
Coinbase has acquired Echo, an on-chain platform that lets communities invest together and helps founders manage their cap tables more flexibly. With this $375 million acquisition, Coinbase aims to make fundraising simpler for startups and open early investment opportunities to more people.
Since its launch, projects on Echo have raised over $200 million through nearly 300 deals. Echo’s Sonar tool has also gained traction, powering token sales such as Plasma’s XPL.
In a statement, Coinbase said, “With this acquisition, we’re building a full-stack solution for crypto projects and investors, covering everything from launch to fundraising to secondary trading.”
Coinbase has acquired @echodotxyz.
Onchain capital formation is a vital and unique part of the crypto ecosystem. Excited to be adding Echo and Sonar to Coinbase to give our customers new token access opportunities. pic.twitter.com/3XIjxMu8cW
— Brian Armstrong (@brian_armstrong) October 21, 2025
Coinbase CEO Brian Armstrong reacted positively to the development, noting, “On-chain capital formation is a vital and unique part of the crypto ecosystem”. He further added, “Excited to be adding Echo and Sonar to Coinbase to give our customers new token access opportunities.”
Coinbase is pushing forward with its aggressive expansion this year. It will start by offering token sales through Sonar and later plans to add tokenized securities and RWAs to its growing lineup.
Total Crypto Market Cap Drops to $3.66 Trillion Amid Liquidations
The crypto market has once again been hit with selling pressure as established tokens, including Bitcoin and Ethereum, faced rejection from the upper levels. Major altcoins have lost the weekend’s rebound after Tuesday’s drop.
Source: CoinMarketCap
After the weekend surge, the total crypto market cap rose to $3.82 trillion but has since dropped to $3.66 trillion. With macroeconomic factors, continuous outflows from crypto ETFs have triggered a further correction.
Yesterday, the crypto market faced a sharp shake-up as over $258 million worth of positions were liquidated within four hours, according to on-chain data. The sudden wipeout indicates that volatility remains a factor in the crypto market, particularly for traders employing high leverage. However, this correction has become an opportunity for investors to find which crypto will 100x next.
Bitcoin Hyper: A Rising Star in the Altcoin Space
As new acquisitions intensify in the crypto landscape, investors are also considering early-stage ventures that offer solid future visibility and innovation with the potential to revolutionize industries. One such project is Bitcoin Hyper, which is leading the presale space with massive $24.5 million raised in a short period.
Despite being the largest cryptocurrency in the world, Bitcoin’s throughput has remained limited compared to newer chains. Bitcoin Hyper is addressing this issue with the first-ever layer-2 protocol directly built upon the Bitcoin network.
This layer-2 platform is introducing Solana-like speed and throughput to the Bitcoin network by leveraging the advanced Solana Virtual Machine (SVM). The canonical bridge will let Bitcoin holders convert their BTC into Wrapped BTC, use it on Bitcoin Hyper for trading, gaming, or NFTs, and then easily switch it back to BTC on the main Bitcoin network.
