Latest Crypto News Today, September 9: Crypto Fear And Greed Index Hitting Neutral, and Altcoin Season Index Rockets as Bitcoin, Ethereum, and Solana Gain Tractions

The PENGU price is among the top performers in the last day. As a result, PENGU crypto on Solana is currently the focus of traders. Many expect PENGU USD to surge past July 2025 highs, reaching new all-time highs by the end of the year. As traders are bullish, there are many PENGU price prediction analyses for September. However, savvy investors are waiting on the sidelines for clear breakouts.

According to Coingecko, PENGU crypto is up +20% in the past week of trading. Following the expansion on the last trading day, PENGU/USDT is up nearly +8%. However, the Solana meme coin is in red over the past month, sliding by roughly +10%.

(Source: Coingecko)

Technically, buyers need to break above the local resistance at around $0.040. Despite traders’ bullish sentiment, their FOMO and positioning will determine the pace at which this liquidation level is breached. On Coinglass, momentum is building. PENGU crypto open interest is rising, coinciding with the increase in PENGU USD prices since early September.

(Source: Coinglass)

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Kazakhstan has officially entered the global crypto race with plans to establish a National Digital Asset Fund, accumulating Bitcoin and other strategic digital assets to strengthen its economy and hedge against fiat instability.

The initiative includes building CryptoCity, a plot zone for digital payments using crypto, stablecoins, and the digital tenge. It also expands Kazakhstan’s role as a Bitcoin mining powerhouse with growing state revenues.

This move signals a larger trend of emerging markets embracing crypto reserves, aiming to diversify away from volatile commodity exports and attract foreign investment while competing with developed nations for financial innovation leadership.

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There is movement in Solana crypto, and it is the refreshing type of price action because yesterday, on September 8, SOL USD pushed higher versus the greenback, closing solidly above $210. As it is, the Solana price is within a bullish formation, and there are hints of buyers stepping in, shaking off the weakness of the second half of August.

Zooming in and checking Coingecko, it appears that SOL crypto buyers are positioning for possible major moves. So far, SOL/USDT is up +69% year-to-date. At the same time, Solana buyers are building momentum, looking at the performance in the last month, where SOL crypto is up nearly +23%. Because of the consolidation of the previous week, SOL USD is up roughly +8% in the past week of trading and firm, looking at the candlestick arrangement in the daily chart.

(Source: Coingecko)

Scanning Coinglass data shows that sentiment is shifting in favor of bulls. On Binance, the largest exchange by trade volume, top traders are aligning their positions and betting for bulls. The long/short ratio is 1.4 when looking at accounts and even higher, at 2.6, when looking at positions. This skew suggests that more traders are confident that SOL USD may extend gains, soaring above $220 towards all-time highs.

(Source: Coinglass)

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The crypto market just went wild, with AI and DePIN tokens leading the charge, leaving traders to wonder what the best crypto to buy is. Here we are going to mention a couple of tokens that smashed the chart past 24 hours.

With massive trading volume spikes and breakout moves, these projects could set the tone for the next altcoin wave.

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