Uphold Market Pulse – March 23, 2026 The week's dominant theme has been geopolitical whiplash. The escalation of Middle East hostilities sent shockwaves across all asset classes, before Trump's announcement of a five-day postponement of military strikes against Iranian energy infrastructure, conditional on ongoing diplomatic talks, and triggered a sharp relief rally across risk assets. The pivot came after reports that Iran had threatened to target power plants across West Asia, raising the stakes high enough to force a pause. Gold bore the brunt of the volatility, shedding over 25% from its January highs and erasing an estimated $7.3 trillion in market cap as oil driven inflation crushed the traditional safe haven bid. The metal briefly crashed below $4,100/oz before recovering to trade around $4,400/oz, a violent round-trip that underscores just how disorienting this macro environment has become. Crypto tracked the broader turbulence but is showing genuine resilience. BTC spent the weekend chopping below $67,500 before the de-escalation headlines landed, lifting it back toward $71,500. ETH pushed just shy of $2,200, with the majors posting 4–6% gains on the news. The move is encouraging, but the backdrop remains fragile with the diplomatic talks have a narrow five-day window, and markets are pricing accordingly. Institutional conviction remains the market's most durable anchor. Last week, BTC spot ETFs recorded net inflows of $95.2 million, marking four consecutive weeks of positive flows, and ETH spot ETFs bucked the trend with net outflows of $60 million. On the corporate side, Strategy acquired $76.6 million in BTC at an average of $74,326 over the past week, while BitMine continued its steady ETH accumulation, adding 65,341 tokens to bring total holdings to 4.661 million, over $100 million in notional value added weekly. The institutional playbook remains firmly set to accumulate into weakness. The broader altcoin market is showing early signs of recovery. TOTAL rejected at the $2.5 trillion resistance level and pulled back over the week, but has already reclaimed more than half of those losses, suggesting a constructive sign that dip buyers remain active. Among the top 300, KITE, KAS, ZBCN, and AKT have emerged as the week's standout outperformers, each gaining between 7% and 33% over the last seven days. The week's most damaging headline, however, came from on-chain. Over the weekend, an attacker compromised Resolv's minting key to mint approximately $80 million in unbacked USR tokens, and extracting roughly $25 million before the protocol could be paused. The depeg cascaded swiftly through DeFi, with Morpho vaults, Curve liquidity pools, and Stream Finance all took collateral damage, with Resolv stablecoin USR crashing over 70% and its Liquidity Provider Token (RLP) collapsing over 85%. The episode is another dent in DeFi safety reputation, even if structural damage was contained. Morpho's core protocol emerged intact, with MORPHO trading flat over the last 24 hours at $1.71 on Uphold Ascent.

Name & Symbol: Kite ($KITE)
Address: 0x904567252d8f48555b7447c67dca23f0372e16be

Uphold Market Pulse – March 23, 2026 The week's dominant theme has been geopolitical whiplash. The escalation of Middle East hostilities sent shockwaves across all asset classes, before Trump's announcement of a five-day postponement of military strikes against Iranian energy infrastructure, conditional on ongoing diplomatic talks, and triggered a sharp relief rally across risk assets. The pivot came after reports that Iran had threatened to target power plants across West Asia, raising the stakes high enough to force a pause. Gold bore the brunt of the volatility, shedding over 25% from its January highs and erasing an estimated $7.3 trillion in market cap as oil driven inflation crushed the traditional safe haven bid. The metal briefly crashed below $4,100/oz before recovering to trade around $4,400/oz, a violent round-trip that underscores just how disorienting this macro environment has become. Crypto tracked the broader turbulence but is showing genuine resilience. BTC spent the weekend chopping below $67,500 before the de-escalation headlines landed, lifting it back toward $71,500. ETH pushed just shy of $2,200, with the majors posting 4–6% gains on the news. The move is encouraging, but the backdrop remains fragile with the diplomatic talks have a narrow five-day window, and markets are pricing accordingly. Institutional conviction remains the market's most durable anchor. Last week, BTC spot ETFs recorded net inflows of $95.2 million, marking four consecutive weeks of positive flows, and ETH spot ETFs bucked the trend with net outflows of $60 million. On the corporate side, Strategy acquired $76.6 million in BTC at an average of $74,326 over the past week, while BitMine continued its steady ETH accumulation, adding 65,341 tokens to bring total holdings to 4.661 million, over $100 million in notional value added weekly. The institutional playbook remains firmly set to accumulate into weakness. The broader altcoin market is showing early signs of recovery. TOTAL rejected at the $2.5 trillion resistance level and pulled back over the week, but has already reclaimed more than half of those losses, suggesting a constructive sign that dip buyers remain active. Among the top 300, KITE, KAS, ZBCN, and AKT have emerged as the week's standout outperformers, each gaining between 7% and 33% over the last seven days. The week's most damaging headline, however, came from on-chain. Over the weekend, an attacker compromised Resolv's minting key to mint approximately $80 million in unbacked USR tokens, and extracting roughly $25 million before the protocol could be paused. The depeg cascaded swiftly through DeFi, with Morpho vaults, Curve liquidity pools, and Stream Finance all took collateral damage, with Resolv stablecoin USR crashing over 70% and its Liquidity Provider Token (RLP) collapsing over 85%. The episode is another dent in DeFi safety reputation, even if structural damage was contained. Morpho's core protocol emerged intact, with MORPHO trading flat over the last 24 hours at $1.71 on Uphold Ascent.

Name & Symbol: Morpho Token ($MORPHO)
Address: 0x58d97b57bb95320f9a05dc918aef65434969c2b2

Uphold Market Pulse ❤️ – March 18, 2026 We are currently testing a significant structural level as TOTAL reclaims the $2.5 trillion mark, which intersecting the March 2024 local top and the April 2025 local bottom. In confluence, BTC recently faced a rejection at $76,000 and is now hovering around $72,500, signalling that the directional momentum of the post-shock recovery have stalled as the market awaits a clearer macro signal. Macro remains the dominant driver this week, with the Fed concludes its March meeting today, followed by the ECB, BoJ, and BoE on Thursday. The technical backdrop took a hawkish turn this morning with the release of PPI print, which came in at a hot 3.4% YoY (vs. 3.0% expected). This sticky inflation narrative, compounded by oil prices holding above $95 amid ongoing Gulf tensions, has led Polymarket traders to price in just a single 25 bps cut for the entirety of 2026 as the most likely scenario. Despite these macro ceilings, the structural institutionalisation of the asset class provides a robust floor. U.S. exchanges have nearly doubled their spot market share in a year, climbing from 8% to 15%, as onshore liquidity proves more resilient than offshore venues. This is backed by relentless ETF demand, with BTC spot ETFs seeing $199 million in net inflows yesterday and ETH securing $138 million, both extending their respective winning streaks. Alt Focus Injective (INJ) has performed in line with the broader market, gaining 5% over the last week to trade at $3.12 on Uphold Ascent as it prepares to support native USDC and Circle’s CCTP. ASTER also remains in the spotlight following its privacy-enabled Layer 1 mainnet launch. While the price has settled flat at $0.691, the ecosystem gained a high-profile nod with Eric Trump endorsing the new USD1 perpetual pairs now live on the network. Meanwhile, the on-chain trending reached a new milestone with Moody’s launching its Token Integration Engine on the Canton Network. While the native token CC remains muted at $0.149. Trading Flows Over the past 24hrs at Uphold we have seen better buying of VVV (8.65x), AVAX (6.93x) and SOL (5.92x). We have seen better selling of AVNT (8.45x), ZRO (8.14x) and INJ (4.6x). The 3 most active assets across our platform in the last 24hrs generally have been SOL, TAO and HBAR.

Name & Symbol: Venice Token ($VVV)
Address: 0xacfe6019ed1a7dc6f7b508c02d1b04ec88cc21bf

Uphold Market Pulse ❤️ – March 18, 2026 We are currently testing a significant structural level as TOTAL reclaims the $2.5 trillion mark, which intersecting the March 2024 local top and the April 2025 local bottom. In confluence, BTC recently faced a rejection at $76,000 and is now hovering around $72,500, signalling that the directional momentum of the post-shock recovery have stalled as the market awaits a clearer macro signal. Macro remains the dominant driver this week, with the Fed concludes its March meeting today, followed by the ECB, BoJ, and BoE on Thursday. The technical backdrop took a hawkish turn this morning with the release of PPI print, which came in at a hot 3.4% YoY (vs. 3.0% expected). This sticky inflation narrative, compounded by oil prices holding above $95 amid ongoing Gulf tensions, has led Polymarket traders to price in just a single 25 bps cut for the entirety of 2026 as the most likely scenario. Despite these macro ceilings, the structural institutionalisation of the asset class provides a robust floor. U.S. exchanges have nearly doubled their spot market share in a year, climbing from 8% to 15%, as onshore liquidity proves more resilient than offshore venues. This is backed by relentless ETF demand, with BTC spot ETFs seeing $199 million in net inflows yesterday and ETH securing $138 million, both extending their respective winning streaks. Alt Focus Injective (INJ) has performed in line with the broader market, gaining 5% over the last week to trade at $3.12 on Uphold Ascent as it prepares to support native USDC and Circle’s CCTP. ASTER also remains in the spotlight following its privacy-enabled Layer 1 mainnet launch. While the price has settled flat at $0.691, the ecosystem gained a high-profile nod with Eric Trump endorsing the new USD1 perpetual pairs now live on the network. Meanwhile, the on-chain trending reached a new milestone with Moody’s launching its Token Integration Engine on the Canton Network. While the native token CC remains muted at $0.149. Trading Flows Over the past 24hrs at Uphold we have seen better buying of VVV (8.65x), AVAX (6.93x) and SOL (5.92x). We have seen better selling of AVNT (8.45x), ZRO (8.14x) and INJ (4.6x). The 3 most active assets across our platform in the last 24hrs generally have been SOL, TAO and HBAR.

Name & Symbol: Avantis ($AVNT)
Address: 0x696f9436b67233384889472cd7cd58a6fb5df4f1

Uphold Market Pulse ❤️ – March 18, 2026 We are currently testing a significant structural level as TOTAL reclaims the $2.5 trillion mark, which intersecting the March 2024 local top and the April 2025 local bottom. In confluence, BTC recently faced a rejection at $76,000 and is now hovering around $72,500, signalling that the directional momentum of the post-shock recovery have stalled as the market awaits a clearer macro signal. Macro remains the dominant driver this week, with the Fed concludes its March meeting today, followed by the ECB, BoJ, and BoE on Thursday. The technical backdrop took a hawkish turn this morning with the release of PPI print, which came in at a hot 3.4% YoY (vs. 3.0% expected). This sticky inflation narrative, compounded by oil prices holding above $95 amid ongoing Gulf tensions, has led Polymarket traders to price in just a single 25 bps cut for the entirety of 2026 as the most likely scenario. Despite these macro ceilings, the structural institutionalisation of the asset class provides a robust floor. U.S. exchanges have nearly doubled their spot market share in a year, climbing from 8% to 15%, as onshore liquidity proves more resilient than offshore venues. This is backed by relentless ETF demand, with BTC spot ETFs seeing $199 million in net inflows yesterday and ETH securing $138 million, both extending their respective winning streaks. Alt Focus Injective (INJ) has performed in line with the broader market, gaining 5% over the last week to trade at $3.12 on Uphold Ascent as it prepares to support native USDC and Circle’s CCTP. ASTER also remains in the spotlight following its privacy-enabled Layer 1 mainnet launch. While the price has settled flat at $0.691, the ecosystem gained a high-profile nod with Eric Trump endorsing the new USD1 perpetual pairs now live on the network. Meanwhile, the on-chain trending reached a new milestone with Moody’s launching its Token Integration Engine on the Canton Network. While the native token CC remains muted at $0.149. Trading Flows Over the past 24hrs at Uphold we have seen better buying of VVV (8.65x), AVAX (6.93x) and SOL (5.92x). We have seen better selling of AVNT (8.45x), ZRO (8.14x) and INJ (4.6x). The 3 most active assets across our platform in the last 24hrs generally have been SOL, TAO and HBAR.

Name & Symbol: Aster ($ASTER)
Address: 0x000ae314e2a2172a039b26378814c252734f556a

📰 Tokenization headlines 1. Tokenized commodities on XRPL surpass $1B Tokenized commodities on the XRP Ledger have grown to $1.14B in value, now accounting for more than 50% of the RWA market on that network. ➡️ Why it matters: Commodities, especially energy and metals, are emerging as one of the fastest-growing segments of tokenized real-world assets. Story here: https://t.co/eVgeDCU6a3

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

Uphold Market Pulse - Mar 12, 2026 The market is waking up to a stark reality today as the initial relief from yesterday’s CPI report evaporates, replaced by a growing focus on the escalating conflict in the Middle East. While the 2.4% inflation print was technically a "win," the focus has shifted entirely to the supply-side shock as Goldman Sachs warns of a potential 25% recession risk if energy prices remain at these levels. The IEA’s unprecedented release of 400 million barrels has provided a temporary ceiling for crude, but with the Strait of Hormuz effectively closed and reports of mines being cleared, the "energy tax" on the global economy is becoming a primary driver of institutional de-risking. Bitcoin continues to separate itself from the pack, holding the $70k level despite the broader sea of red in equities. The narrative of Bitcoin as a "geopolitical circuit breaker" is being put to its most rigorous test yet, as spot ETF inflows remain consistent while traditional safe havens like Gold and the USD also see heavy bidding. Alts Focus While the broader market is merely treading water, Bittensor $TAO has staged a masterclass in relative strength, carving out a massive 35.8% gain over the last 30 days. In a period where Bitcoin has managed a modest 1.5% increase, TAO’s performance represents a significant "decoupling" from the macro trend, signaling that high-conviction capital is rotating aggressively into decentralized AI infrastructure. This surge highlights a growing investor appetite for "computational commodities" as a distinct asset class, independent of traditional beta. This momentum is creating a powerful "halo effect" across the broader AI sector. Projects like $NEAR and $RENDER are also leaving the majority of the market in the rearview mirror, posting impressive monthly gains of 32% and 22%, respectively. As institutional interest shifts toward the intersection of distributed ledger technology and generative intelligence, these assets are transitioning from speculative plays to foundational pillars of the next digital economy. Parallel to the AI surge, select DeFi protocols are hitting major adoption milestones. Morpho $MORPHO is up 36% this week to $1.81, the protocol recently flipped Aave on Base and hit a record 2.97M ETH in TVL, fueled by institutional interest from Apollo Global. Additionally, Sky $SKY is trading near $0.079, the ecosystem’s USDS stablecoin has crossed the $11B supply mark. With $21B in total TVL and an aggressive buyback program, Sky is solidifying its role as a premier "on-chain bank." Over the past 24hrs at Uphold, we have seen better buying of SOL (11.91x), BNB (8.12x), and WLFI (5.39x). We have seen better selling of BNKR (7.91x), WIF (6.62x), and TURBO (2.97x). The 3 most active assets across our platform in the last 2 hours have generally been SOL, HBAR, and XLM.

Name & Symbol: Morpho Token ($MORPHO)
Address: 0x58d97b57bb95320f9a05dc918aef65434969c2b2

Avantis is a decentralized, on-chain trading platform that allows users to trade a broad range of assets - from cryptocurrencies to real-world markets like foreign exchange (FX), commodities, indices, and equities - all from a single interface. It operates as a perpetual futures exchange (perps DEX) on the Base blockchain providing a permissionless environment for high-leverage trading across these asset classes. NOW ON Uphold

Name & Symbol: Avantis ($AVNT)
Address: 0x696f9436b67233384889472cd7cd58a6fb5df4f1

Daily Dose of Doc 🔝 Crypto and #blockchain markets experienced significant volatility over the past 24 hours, with widespread price declines amid heightened investor apprehension. #Bitcoin decreased by approximately 4%, settling around $68,000 and challenging critical support thresholds, which contributed to a 3% reduction in the overall market capitalization to $2.32 trillion. The Fear & Greed Index plummeted to 12, marking its lowest point since late 2025 and indicating extreme market fear. A notable “death cross” emerged on Bitcoin’s three-day chart, a technical indicator historically associated with substantial downturns, potentially signaling a drop toward $33,500 if patterns from previous cycles persist. #Ethereum fell to near $1,987, while alternative cryptocurrencies such as #Solana and #XRP also declined, with numerous assets approaching their historical lows. Trading volumes remained subdued at around $82 billion, reflecting diminished market activity. Despite these challenges, positive regulatory developments offered glimmers of optimism. The U.S. Securities and Exchange Commission reached a $10 million settlement with Justin Sun and the Tron Foundation, resolving longstanding charges and alleviating a persistent overhang on the ecosystem. Additionally, U.S. banking regulators determined that tokenized securities—assets represented on blockchain—will receive equivalent capital treatment to traditional securities, facilitating greater institutional involvement in cryptocurrency markets. Discussions on the #ClarityAct, a comprehensive cryptocurrency market structure bill, are progressing, with potential for a Senate vote in the near term, although certain provisions face opposition from banking interests. @Revolut submitted an application for a U.S. banking license to expand its cryptocurrency offerings, and the Internal Revenue Service proposed electronic tax reporting forms for digital asset exchanges. On the adoption front, Cardano announced partnerships enabling $ADA payments at 137 retail locations in Switzerland, while South Korea’s Hana Financial collaborated with Circle and Cryptocom to support USDC-based payments for international visitors. Further advancements in blockchain technology included a surge in Solana’s payment volumes, 🇯🇵 Japan’s initiation of blockchain-based settlement trials, and a record high in on-chain Bitcoin wallets, accompanied by reduced exchange-held supply, suggesting increased long-term holding strategies among investors. However, concerns arose as the https://t.co/q1vX9BUYwP team transferred 1.75 billion PUMP tokens, valued at $3.5 million, to the Bitget exchange, raising fears of potential sell-offs. In contrast, Vancouver’s proposal for a municipal Bitcoin reserve was abandoned due to legal constraints. Overall, while immediate price pressures stem from disappointing employment data and geopolitical uncertainties, evolving regulatory clarity and practical blockchain integrations underscore potential for sustained growth in the sector. Enjoy. Doc.

Name & Symbol: Pump.fun ($PUMP)
Address: pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn

Your peaq of the month for February is here → peaq Escrow, powered by @LayerZero_Core, unlocked omnichain transactions for robots → We unveiled the world’s first RWA framework for robots and machines → We integrated peaq SDK with @OpenClaw and enabled AI agents to control robots → We’re bringing the German machine makers onchain with @idOS_network and Strategy Alliance → The peaq Value Loop toolkit went live, bringing builder revenues onchain → PrivacyPal showcased its tool for privacy in convos with AI and robots — powered by peaq Dive in ⬇️

Name & Symbol: peaq ($PEAQ)
Address: 0x8b9ee39195ea99d6ddd68030f44131116bc218f6

In the past 24 hours, the cryptocurrency and blockchain market has experienced significant volatility driven by macroeconomic concerns. Bitcoin declined sharply to approximately $63,000, reflecting a 4.6% decrease and positioning it at roughly 50% below its all-time high from October 2025. Ethereum and Solana exhibited similar downturns, contributing to a more than 4% contraction in the overall market capitalization, which now stands at $2.19 trillion amid elevated trading volumes exceeding $102 billion. This decline has been exacerbated by apprehensions regarding artificial intelligence’s disruptive impact on traditional businesses, exemplified by an 11% drop in IBM’s stock price, as well as uncertainties surrounding proposed global import tariffs under President Trump’s administration, although the U.S. Supreme Court invalidated certain overreaches. Investor sentiment has shifted to levels of extreme fear, resulting in over $500 million in liquidations. On the regulatory front, the White House facilitated discussions aimed at a compromise on stablecoin rewards, permitting them for transactional purposes but prohibiting them for idle holdings, as part of broader legislative updates. The Securities and Exchange Commission notably withdrew more than a dozen enforcement actions against prominent entities such as Binance and Coinbase, signaling a potential thaw in relations. Bipartisan momentum is building for new digital asset regulations, though the nomination of Kevin Warsh as the next Federal Reserve Chair has contributed to market unease. Institutional activities presented a mixed picture: U.S. Bitcoin and Ethereum exchange-traded funds recorded outflows, yet Strategy invested an additional $40 million in Bitcoin despite unrealized losses. ProShares’ new stablecoin ETF attracted $17 billion on its debut, indicating robust interest. BNP Paribas initiated a pilot for an Ethereum-based tokenized money market fund, while U.S. banks explored deposit tokens. The CME Group announced plans for 24/7 trading of cryptocurrency futures commencing in May. Technological advancements included Solana’s Firedancer update, designed to enhance network speed and reliability. Uniswap proposed activating fees across all version 3 pools and extending operations to chains such as Arbitrum and Optimism. Erigon released an updated version to bolster Ethereum infrastructure. Development efforts intensified in AI-integrated cryptocurrency projects like Chainlink, Internet Computer, and NEAR, emphasizing practical applications in decentralized storage and computing. Individual tokens displayed varied performance: $PUNCH rose following a $100,000 donation from Justin Sun, and $LOBSTAR recovered from an AI-related treasury error. Coinbase incorporated $ROBO into its roadmap, while Binance introduced $OPN for pre-market trading. Polymarket acquired Dome to expand prediction markets. However, Austria’s regulatory authority prohibited KuCoin from onboarding new EU customers due to compliance deficiencies. Altcoins showed divergence, with gains in Adventure Gold and NEET contrasted by losses in MYX Finance. Despite the prevailing downturn, ongoing blockchain innovations and sustained institutional engagement suggest potential for long-term expansion amid current challenges.

Name & Symbol: MYX Finance ($MYX)
Address: 0xd82544bf0dfe8385ef8fa34d67e6e4940cc63e16

peaq is onboarding even more German enterprises to the Machine Economy The new partnership with Strategy Alliance, which drives AI innovation for companies such as Altana, Haniel, and Werhahn Gruppe, and @idOS_network places peaq as the implementation partner for: → Outfitting the machines German SMEs rely for with onchain IDs → Granting them their own onchain wallets and ability to transact → Enabling machine tokenization and machine-to-machine payments peaq’s stack also unlocks native agentic AI integration through @OpenClaw compatibility, role-based access control, and clear-cut KYC and auditing through onchain machine reputation scores Germany’s SMEs are the main engine of Europe’s industrial economy — and peaq’s stack enables them to take a shortcut to Industry 4.0 Learn more 🔽 https://t.co/sPbh2fbZQt

Name & Symbol: peaq ($PEAQ)
Address: 0x8b9ee39195ea99d6ddd68030f44131116bc218f6