On 31 January, Ethereum dropped 17.38% from the day's open at $2,702 and later traded near $2,219. According to CoinMarketCap, broader risk appetite weakened as BTC fell over daily and weekly periods and the Fear & Greed Index printed 15. The analysis highlights $2,147 as a crucial retracement level, with $2,000 and $1,383 marking potential downside triggers.

On February 2, 2026, Jupiter announced Polymarket's launch on Solana via its platform, aiming for faster and lower-cost prediction market trading. A prior Jupiter beta with Kalshi saw a single test market exceed $120,000 in volume, while reports said the exchange had 8.4 million active users in Q3 last year.

On February 2, 2026 at 21:00 (UTC+8), Binance plans to launch spot trading for Zama with ZAMA/USDT, ZAMA/USDC, and ZAMA/TRY pairs following an $11 million Pre-TGE Prime Sale. Zama's price has fluctuated between $0.1585 and about $0.042 ahead of the listing and recently traded near $0.04 with a market cap slightly above $97 million.

XRP extended its decline, slipping under $1.60 and consolidating near a $1.50 low. On the hourly XRP/USD chart using Kraken data, a bearish trend line caps rebounds around $1.650, with the price still below the 100-hour Simple Moving Average. Failure to reclaim $1.60–$1.650 could keep pressure toward $1.540 and $1.50.

On February 2, 2026, XRP traded at $1.59–$1.61 after a 3–4% daily drop and a 12–16% weekly slide, with roughly $4 billion in 24‑hour volume. Bears are eyeing support near $1.55 and resistance at $1.65–$1.68, while RSI hovers around 30. XRP ETFs saw $16.79 million in net inflows on January 30.

BONK resumed its broader downtrend after an early-January breakout failed to hold, with the token dropping sharply over the past week. The memecoin sector also weakened, and key BONK levels near $0.00000755–$0.00000785 are in focus for a potential short-term retest before further downside.

On 2 February 2026, ZKP Crypto intensified market attention with a $5,000,000 utility-focused giveaway and daily on-chain presale auctions distributing 190 million tokens. Over the same period, Ethereum continued to trade near the $2,300–$2,400 resistance zone, while Hyperliquid drew notice after donating 10,000 HYPE, valued at about $254,000, to blockchain investigator ZachXBT.

On February 1 2026, Justin Sun's alleged ex-girlfriend Ten Ten posted a detailed statement on X accusing him of using 12 employees' identities to open Binance accounts and sell TRX. She listed names, job roles and data types she says document insider trading and a broader system designed to profit from retail traders through paid crypto influencers. Ten Ten also claimed some of these employees were later jailed in China after allegedly helping him cash out.