Latest Phantasma (SOUL) News Update

Deep Dive

1. KuCoin Top Gainer (28 August 2025)

Overview:
SOUL rallied 31% to $0.034 on 28 August, ranking fifth among KuCoin’s 24-hour gainers. The surge coincided with heightened activity in NFT and gaming tokens, though no project-specific catalyst was identified.

What this means:
This is neutral for SOUL, reflecting exchange-specific momentum rather than organic demand. Such pumps often reverse without sustained use-case traction, as seen in its 42% price drop since August (KuCoin).

2. Day Trading Spotlight (28 May 2025)

Overview:
Phantasma was highlighted by CryptoNewsLand as a top 2025 day-trading candidate, citing its energy-efficient NFT infrastructure and real-time asset trading capabilities. Analysts noted SOUL’s volatility during digital collectible releases.

What this means:
This is cautiously bullish long-term, affirming SOUL’s niche in Web3 gaming. However, the -63% annual return underscores the risks of relying on speculative trading narratives (CryptoNewsLand).

Conclusion

SOUL’s August pump and day-trading nod clash with its 42% two-month slump, highlighting volatility risks in niche altcoins. With NFT volumes down sector-wide, can Phantasma’s gaming integrations reignite momentum beyond exchange-driven spikes?