The crypto market is shaking off the summer dip as altcoin season kicks back into play. Today’s headlines include Cronos, which has beenpumping since Trump’s Media announcement; Numeraire, too, which is going; and falling Dolomite DOLO crypto after Binance and Coinbase listing.
Bitcoin dominance is dipping further to 58%, the Altcoin Season Index hovers at 59, and cash is rotating from BTC to altcoins. Ethereum is holding steady at $4,600 level with ETH ETF inflows recording 4X against Bitcoin’s last week.
(Altcoin season index, source – CoinGlass)
Analysts are pointing to Fed rate cut hints and China’s stimulus as market’s fuel. Institutional whales has been adding $2.2 billion into ETH, and are now controlling 9% of supply, while small-caps volumes lag.
Is it bad? Likely not, it’s a perfect path to a classic early altseason run.
DOLO crypto could be dropping, but Solana with Jupiter and Raydium dominate with fresh liquidity as memecoin heats up.
DISCOVER: Top Solana Meme Coins to Buy in 2025
Numeraire, DOLO, and Cronos Dominating Headlines
Cronos stole the spotlight with a 56% jump in 24 hours, blasting to $0.35 on $2 billion crypto volume. As we know, Trump Media’s $6.4 billion crypto pivot has add another $1 billion into CRO chart. In addition to that, a $5 billion credit line for Truth Social integrations is pushing CRO up 141% weekly.
(CRO/USD, source – TradingView)
Numeraire is no slouch either; the crypto is rocketing by 74% to above $21 after JPMorgan’s $500 million bet on Numerai AI hedge fund. Assets under management doubled to a big $1 billion, with 784,000 NMR staked in data models. Numeraire could be the coin that restart AI crypto run.
Today, Numerai reached a major milestone: one of the largest allocators to quant strategies has secured $500m capacity in Numerai’s hedge fund.
Learn more: https://t.co/CZEQDmIY95
— Numerai (@numerai) August 26, 2025
However, Dolomite DOLO is the odd one, tanking 15% to $0.26 despite Binance and Coinbase crypto listings. A whale was dumping 20 million DOLO crypto pre-launch, raising rug-pull eyebrows amid $116 million volume. Security exploits aslo drained $165K, hype and headaches for holders.
(DOLO Crypto, source – GeckoTerminal)
DePIN projects are also in the headlines after hitting $17.9 billion cap, while its stablecoins launch in Wyoming and Japan. Biotech firms eye crypto for funding, and Trump’s “American Bitcoin” tease will be debuting next month.
BTC at $110,000 feels like the calm before alts explode, once dominance below 55%, the real fireworks will begin.
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PYTH Network to Assist US Government
BREAKING: The U.S. Commerce Department will begin distributing GDP data on Bitcoin, Ethereum, and Solana
Pyth Network will help verify economic data onchain. pic.twitter.com/Gk5YdcUznh
— Solana (@solana) August 28, 2025
Analysts Say RWA Finance Could Be The Trigger For Major AAVE Price Bounce
RWA is becoming one of the hottest narratives in DeFi right now, as institutional adoption of tokenized assets fuels speculation about the next major price move for AAVE. Is RWA going to be the hidden spark behind its next pump?
With tokenized U.S. treasuries, private credit, and commodities flooding on-chain, AAVE is positioning itself as the liquidity backbone for institutional DeFi. RWAs unlock trillions in value from major institutions like BlackRock, Fidelity Investments, and HSBC, leaving traders wondering if this could lead to a potential price breakout for AAVE.
Mantra Crypto $25 Million Buyback: Can OM Flip The Switch After 90% Dip?
Mantra crypto went viral after a big 90% dip last April, shedding billions in market cap from a peak of close to $6 billion. Now trading around $0.23, the coin holds just shy of $250 million market cap. Today, although it has begun, the $25 million Mantra crypto buyback, has not seen the token doing any major movement yet.
The Mantra buyback itself is backed by investors, which buying tokens from crypto exchanges to move and stake them on-chain.
This move follows a $20 million injection from Inveniam, which pushes the total commitments to $45 million. Execution will be going over months via independent firms, of course, with on-chain tracking for transparency.
Mantra crypto buyback is not all. The upcoming MultiVM mainnet is in September, and research into the yield-bearing stablecoin mantraUSD also has people eyeing the OM crypto.
(OM/USD, source – TradingView)
Read the full story here.
The post Crypto News Today, August 28 – Altcoin Season is Back: Cronos and Numeraire Still Going, DOLO Crypto Falling appeared first on 99Bitcoins.
