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Coinbase’s DEX Integration Sparks Altcoin Rally: AERO, LDO, MNT Surge as XMR Lags

Coinbase’s DEX Integration Sparks Altcoin Rally: AERO, LDO, MNT Surge as XMR Lags

Published:
2025-08-11 04:16:55
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The cryptocurrency market witnessed a dynamic week ending August 11, 2025, with altcoins stealing the spotlight as Bitcoin remained range-bound. Aerodrome Finance's AERO token emerged as the top performer, skyrocketing 56% amid a broader rally in decentralized exchange tokens. This surge coincided with Coinbase's strategic rollout of DEX trading functionality for U.S. users, potentially reshaping liquidity flows across centralized and decentralized platforms. Privacy coin Monero (XMR) continued its downward trajectory, contrasting sharply with double-digit gains from Lido DAO (LDO) and Mantle (MNT) - both posting over 45% weekly increases. The market movements suggest growing investor appetite for DeFi infrastructure tokens following Coinbase's integration, which may accelerate the convergence between traditional exchange services and decentralized finance protocols.

Crypto Market Weekly Recap: AERO Soars, XMR Stumbles

Altcoins dominated cryptocurrency markets this week as Bitcoin traded sideways. Aerodrome Finance's AERO token led gains with a 56% surge, while privacy coin Monero extended its recent decline.

Decentralized exchange tokens outperformed, with Lido DAO and Mantle posting 45%+ weekly gains. The rally coincided with Coinbase's rollout of DEX trading for U.S. users, potentially redirecting exchange volume to decentralized platforms.

Technical indicators show AERO entering overbought territory at RSI 70.9, though the token maintains strong support above key moving averages. Trading volumes spiked alongside the price appreciation.

Toncoin and XDC Network joined Monero among the week's notable underperformers. The divergence between altcoin movers highlights shifting capital rotations within crypto markets.

Kidnappings of Bitcoin Holders Surge Amid Data Leaks

Alena Vranova, founder of SatoshiLabs, has issued a stark warning about the rising tide of wrench attacks and kidnappings targeting Bitcoin holders globally. Speaking at the Baltic Honeybadger 2025 conference in Riga, she revealed these violent crimes—aimed at extracting private keys—now occur weekly. Victims range from high-net-worth individuals to those holding modest sums, with cases involving as little as $6,000 in crypto.

The surge correlates with massive data leaks from centralized exchanges like Coinbase, where breaches have exposed over 80 million user identities—including 2.2 million home addresses. Vranova notes a disturbing pattern: these attacks escalate during bull markets, suggesting criminals are emboldened by rising bitcoin valuations.

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