Bitcoin surged to an all-time high above $112,000 this week, buoyed by a wave of reawakened whale wallets and increasing institutional flows. The renewed on-chain activity is reviving bullish sentiment, and some forecasts suggest BTC could hit $150,000 by year-end.

The world’s largest cryptocurrency climbed more than 18% since the start of 2025, pushing its market capitalization to $2.21 trillion. As of mid-July, BTC was trading near $111,100 amid elevated daily volumes of approximately $59.4 billion.

A series of high-value transactions by dormant holders has added fuel to the current rally. On-chain data reveals that a long-inactive wallet moved 17,283 BTC valued at roughly $1.88 billion within a single 24-hour window. 

Source: OnchainLens

Last week, two Satoshi-era wallets transferred a combined 20,000 BTC for the first time in 14 years, stoking market speculation over long-term holder behavior. 

Further inflows came from the Royal Government of Bhutan, which sent over 350 BTC (around $38.5 million) to Binance in the past 10 days. The transactions highlight the growing involvement of sovereign entities in Bitcoin’s capital flows and may suggest strategic liquidity operations or asset diversification.

Source: Arkham explorer

Technical Picture Signals More Upside: The Road to $150,000

Despite the sharp price appreciation, technical indicators suggest the rally still has legs. The Relative Strength Index (RSI) is currently at 63.62, a level that indicates strength without crossing into overbought territory. The MACD has printed a bullish crossover at 172.51, typically viewed as a buy signal, while the 10-day simple moving average remains above the 100-day—a classic indication of short-term momentum.

Still, some caution is warranted in the near term. The stochastic oscillator has risen to 86.46, a reading often associated with interim consolidation. Analysts flag resistance levels at $117,498 and $127,279 as potential inflection points. Failure to breach these levels decisively could trigger profit-taking.

Sentiment among institutional investors continues to improve, helped by accommodative macro conditions, steady ETF inflows, and concerns over traditional fiat debasement. Analysts at cryptona.co see $150,000 as a realistic price target for Bitcoin in the coming months provided that $117K is broken with volume support.

Key tailwinds include expectations of Federal Reserve rate cuts, further sovereign adoption, and rising demand for digital assets in inflation-hedging portfolios.

Bottom Line

Bitcoin’s breakout above $112,000 reflects both deepening institutional engagement and a pivotal shift in long-term holder behavior. While short-term corrections remain likely, technical and fundamental structures align toward further appreciation. The $150,000 target may no longer be speculative, as it’s increasingly becoming the market’s base case.

Singapore, 11th July 2025, WOM Protocol was early to SocialFi. Back in 2020, when few believed in decentralized word-of-mouth marketing, WOM began building the infrastructure to make it real. While many “to-earn” models collapsed over time, WOM persisted – improving its protocol, growing its ecosystem and proving that authentic recommendations can scale. Today, WOM is taking its most significant step yet: launching the Testnet of its own EVM-compatible Layer 1 blockchain, unlocking a new phase of growth.

The Perfect Timing in a New SocialFi and InfoFi Landscape

In 2025, SocialFi and InfoFi have evolved rapidly, with projects like Kaito AI and Cookie DAO showcasing new models for decentralized content and community engagement. But in an age of AI-generated information, content validation and authenticity ratings are becoming inevitable. The reputation of creators – and the credibility of what they share – will be the most valuable assets in marketing.

This is why WOM’s timing is critical. While the protocol may have been ahead of the curve between 2020 and 2024, the team has demonstrated persistence, continuous improvement and has refined its unique content authentication model into a solution that can now be universally implemented across any type of content.

Since launch, WOM has surpassed 300,000 validated content pieces across platforms like the BULLZ app and the WOM Authenticator app and processes up to 200,000 daily transactions. These first applications will migrate their activity to the new WOM Layer 1 blockchain once Mainnet launches.

A $1 Million Grant Program and Strategic Growth Initiatives

To fuel ecosystem growth, WOM is introducing a grant pool worth up to $1 million in WOM Tokens over the next two years, supporting SocialFi builders, new platform integrations and community-led initiatives. This token unlock and a planned strategic token sale will help fund further development, onboard more projects and drive awareness through dedicated marketing and trading campaigns.

A High-Performance Blockchain Purpose-Built for SocialFi

The new WOM EVM Layer 1 blockchain is designed to meet the demands of decentralized applications, offering:

• Up to 10,000 transactions per second
• Transaction fees as low as $0.001
• Full EVM compatibility
• Smart contract automation to streamline rewards, validation, and governance

This combination enables a seamless experience for microtransactions, creator incentives and dynamic community engagement.

The Foundation for Authentic, Decentralized Communities

With the Testnet live, WOM will expand integrations, launch new SocialFi use cases and prepare for Mainnet launch in 2026.

In a landscape where SocialFi and InfoFi require dedicated infrastructure, WOM Protocol provides a high-performance home where communities can transact, collaborate and grow together. As the ecosystem evolves, WOM stands ready to be the foundation for authentic, decentralized economies built on trust and transparency.