Crypto Rally: FTT, VIRTUAL, STX Surge in Last 6 Hours
FTX Token (FTT) +29.98%
FTX Token (FTT) experienced a sharp 60% surge to $1.20 following Sam Bankman-Fried’s first X (formerly Twitter) post since incarceration on September 24, 2025. However, this rally was short-lived as the price quickly retraced to $0.98 amid a massive 660% spike in daily trading volume to $70 million.
#FTT is the native utility token of the FTX exchange ecosystem, historically used for trading fee discounts and governance. The recent volatility reflects ongoing market speculation tied to SBF’s legal situation and broader uncertainty surrounding FTX’s future.
Given the rapid price spike and subsequent pullback, FTT is likely to face continued volatility in the near term. Unless there is substantive positive news on FTX’s restructuring or SBF’s case, the token may struggle to maintain gains above $1. A cautious outlook suggests potential consolidation around current levels near $0.98.
Virtuals Protocol (VIRTUAL) +17.73%
Virtuals Protocol’s VIRTUAL token surged recently amid a significant whale accumulation exceeding $10 million within 24 hours, signaling potential breakout momentum. Despite this, the token has also experienced sharp corrections, including a 13% drop and a 30% plunge after hitting record highs earlier in 2025.
#VIRTUAL is a decentralized protocol focused on virtual asset management and NFT utilities. The token’s price swings reflect speculative trading and broader crypto market downturns, including Bitcoin’s recent 20% loss impacting sentiment.
conditions. Traders should watch for volume confirmation before expecting sustained gains above current levels around $0.48.
Stacks (STX) +9.29%
Stacks (STX), a Bitcoin Layer 2 solution token, surged over 21% in 24 hours to hit a two-month high of $0.92, becoming the top performer of the day. This rally coincided with positive developments such as BitGo’s involvement and growing interest in Bitcoin-based smart contracts.
#STX enables smart contracts and decentralized apps secured by Bitcoin’s blockchain, aiming to bring programmability to the largest cryptocurrency network. Despite a recent weekly decline of over 11%, STX’s short-term momentum has turned bullish with increased trading volume surpassing $10 million.
With renewed investor interest and Bitcoin’s relatively stable price action, STX appears poised for further upside potential in the near term. If it sustains above $0.90, we could see a test of resistance near $1.20; however, failure to hold gains may lead to retracement toward support at $0.75.