Utility Propels Bitget, Flare and Zcash Amid Market Slump

The cryptocurrency market has been trading downwards in recent days, with profit taking ruling the sentiment. Also, market leader, Bitcoin has broken below $112k, setting eyes on the psychological $110k support. Amidst all these, the average market RSI has dropped to 35, signaling oversold conditions. That could create suitable conditions for some coins to start crawling back. Bitget, Flare and Zcash are among the top crypto coins likely to register near-term gains.

Bitget (BGB)

Bitget’s native token, BGB, has soared, rising 18% in the last month and reaching new highs even while the broader market has struggled. The token has displayed incredible strength, mostly because of active tokenomics and its growing utility. Exchange tokens’ value is tied to how well their platform works and how many people use it. Bitget’s recent actions have provided a strong bullish catalyst.

Aggressive token burns have been a big reason behind Bitget price propulsion, and they have created a substantial supply shock. Bitget recently revealed a strategic move in which it would burn a lot of BGB and lock them up in their Morph Layer 2 network.

In September alone, Bitget has sent 440 million BGB to the Morph Foundation. They burned 220 million of the tokens (equivalent to 31% of the circulating supply) immediately, and that has made the supply tighter the coins more scarce. This deflationary trend, along with Bitget’s operational efficiency has increased demand and could keep Bitget price on the rise.

Key Price Levels

Pivot- $5.24

Resistance-R1: $5.33, R2:$5.39

Support- S1:$5.17 (the upside will be invalid below that level),S2: $5.08

Flare (FLR)

Flare (FLR) is establishing its footing in the market by providing smart contract features and DeFi utility to cryptocurrencies that don’t have them, including XRP and Dogecoin. Recent gains in Flare price have been driven by the confirmation of this unique proposition as well as key technical improvements.

The launch of FAssets in September has been the most significant trigger. In just four hours, it brought in 5 million XRP for minting non-smart contract assets like FXRP. By connecting XRP and DeFi, this overcollateralized system increases the value of FLR, the network’s governance and staking asset. About 73% of FLR supply is staked, and that means that the token gets increased utility. Also, that will likely benefit from upcoming upgrades, such as expansions to Bitcoin and Dogecoin.

Institutional interest in subsequent protocols has hinted at the protocol’s potential success. There is a lot of excitement about partnerships and integrations that will enable institutions to use non-smart contract assets on a broad scale to generate yield.

Key Price Levels

Pivot- $0.025

Resistance-R1: $0.026, R2:$0.027

Support- S1:$0.025 (the upside will be invalid below that level),S2: $0.024

Zcash

Zcash (ZEC), a cryptocurrency that focuses on privacy, has been a standout, going up 43.26% in the previous month. In the last week, Zcash price has risen by 14% and traded at $58 at the time of writing. Notably, there was a rally across the larger privacy coins ecosystem. Zcash’s rise was primarily driven by the Zashi Crosspay wallet update, which has enhanced cross-chain payments and given users more control over their money.

The launch of Zashi CrossPay changes the game in a way that could potentially be disruptive. The feature adds cross-chain transactions to Zcash’s primary privacy feature, zero-knowledge proofs. This enables the transfer of shielded ZEC to people on other blockchains seamlessly and without any third party knowing. As a result, Zcash has transformed from a privacy coin that only works with one chain into a flexible, private payment layer for the broader crypto ecosystem.

Key Price Levels

Pivot- $57.14

Resistance-R1: $59.30, R2:$60.90

Support- S1:$54.90 (the upside will be invalid below that level),S2: $52.50

In Summary

In conclusion, the crypto market as a whole may be having a hard time, but Bitget, Flare, and Zcash are all driven by strong and unique forces. The fact that these coins are going contrary to the market trajectory shows that investors are increasingly moving toward utility-driven assets. Zcash’s privacy advantage, Flare’s DeFi bridges, and Bitget’s user growth and deflationary strategies all point to them potentially being top performers heading into Q4 2025.

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