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Aria Token Rebounds From 80% Crash to Hit New All-Time High of $0.95 – Markets and Prices Bitcoin News

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Key Takeaways:

  • ARIA hit a $0.95 high on April 12, gaining 30% in 24 hours to reverse an earlier 80% market crash.
  • Despite Sentinacle’s audit warnings, ARIA outperformed FET and AGIX as AI agent sector interest grew.
  • Analysts eye a correction as ARIA shows 55% volatility and holds only 18% of its supply in circulation.

Price Volatility and Recovery

Just days after plummeting by more than 80% within a 24-hour window, the utility token of the gaming platform Aria (ARIA) rallied to reverse its losses, setting a new all-time high of $0.95 on Sunday. Market data shows ARIA initially broke the $0.90 mark on Saturday before slipping below $0.80, a range it maintained until the early hours of April 12. The token regained momentum shortly after, reclaiming the $0.90 threshold by 3:00 a.m.

Despite extreme volatility, ARIA peaked just above $0.95, representing a 30% jump in 24 hours. At the time of writing, the token has surged over 700% since tumbling to a low of $0.11 on April 9. However, over a seven-day period, the asset is up a more modest 64%, with a market capitalization hovering just above $160 million.

As reported by Bitcoin.com News, ARIA dropped sharply on Thursday after the auditing entity Sentinacle raised red flags regarding the gaming platform’s unverified source code. Sentinacle warned that the lack of verification forced auditors to rely on static bytecode extraction—a method that can overlook sophisticated backdoors or economic vulnerabilities. Furthermore, the firm noted that Aria’s supply distribution module hit a coverage limit, complicating efforts to map holder concentration risks.

Aria token on Sunday, April 12, 2026, at 1:00 p.m. Eastern time.

While Aria’s official social media channels have yet to issue a formal response to these allegations, the token successfully reversed its losses by Saturday evening. This resurgence coincided with broader momentum in the artificial intelligence (AI) agent and autonomous trading sectors.

From a technical perspective, this level of activity often indicates aggressive accumulation by whales and momentum traders capitalizing on the AI agent trend, where ARIA is currently outperforming competitors such as FET and AGIX.

However, despite the bullish price action, analysts have identified several “yellow flags.” The token has exhibited intraday swings as high as 55%, and with only 18% of the total supply currently in circulation, ARIA maintains a high fully diluted valuation ( FDV). This suggests that future token unlocks could exert significant sell pressure on the market. Additionally, technical indicators like the relative strength index ( RSI) suggest the token is in overbought territory, which often precedes a cooling-off period or a price correction.

CFTC Chair Mike Selig argues for agency’s ‘exclusive regulatory authority’ in prediction markets fight: State of Crypto

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Commodity Futures Trading Commission Chairman Mike Selig told CoinDesk that the agency will continue to defend its “exclusive regulatory authority” to oversee prediction markets in court. “It doesn’t matter if it’s on sports, politics or anything else, if it’s a validly offered product within a CFTC-regulated exchange, then we regulate that,” Selig said.

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NASHVILLE, Tenn. — The Commodity Futures Trading Commission is just defending its territory in suing states over prediction markets, the regulator’s head told CoinDesk.

CFTC Chairman Mike Selig, speaking on the sidelines of the Digital Assets and Emerging Tech Policy Summit hosted by Vanderbilt University and the Blockchain Association on Monday, said the agency’s lawsuits against Arizona, Illinois and Connecticut make it “very clear … that the CFTC has exclusive regulatory authority when it comes to commodity derivatives markets.”

Selig, who is speaking at CoinDesk’s Consensus Miami conference next month, said Monday’s Third Circuit Court ruling that the CFTC has to oversee prediction markets bolstered his agency’s view.

Under Selig, the CFTC has embarked on a major litigation effort to bolster prediction markets’ arguments that they are providing derivatives products under the Commodity Exchange Act, rather than gambling services regulated by states.

“Our view is that the statute is very clear that when you offer a swap on a federally regulated Designated Contract Market, that transaction, those trades, are subject to federal regulation,” he said. “It doesn’t matter if it’s on sports, politics or anything else; if it’s a validly offered product within a CFTC-regulated exchange, then we regulate that, and the states don’t have the ability to nullify federal oversight and substitute gambling laws where derivatives laws apply.”

Asked why the CFTC did not sue Nevada or Massachusetts — two states that have successfully secured preliminary injunctions against prediction market providers — Selig said that “I wouldn’t say, just because these are the first states, that they’ll be the last.”

He pointed out that the CFTC filed an amicus brief in a consolidated case before the Ninth Circuit Court of Appeals, which will be heard next week. The Ninth Circuit includes Nevada.

Dodd-Frank swaps

Under the Dodd-Frank Act, the CFTC can regulate swaps and can block certain types based on whether they are in the public interest. These categories include war, terrorism, assassination, gaming, anything otherwise illegal or “other similar activity.”

Selig said the main issue is that, under the law, the CFTC decides whether a product is contrary to the public interest. The lawsuits it’s engaged in are focused on that aspect — regardless of the events underlying the contracts.

“Even if those categories of underlyings, whether it’s war terrorism, assassination, gaming, and so on and so forth, even if we have to do a public interest analysis, or we choose to do a public interest analysis, that doesn’t mean that that’s not within our exclusive regulatory authority,” he said. “And so that’s what the cases are about, and that’s what we’re fighting for.”

The CFTC is currently going through the formal rulemaking process to clarify its oversight of prediction markets.

“We’re open to suggestions as to what that process should look like and how to evaluate it,” he said. “We’re certainly considering that provision of the Dodd-Frank Act.”

Interpretative guidance

Outside prediction markets, Selig said the CFTC would review any comments on the final interpretation it published with the Securities and Exchange Commission last month.

“To the extent we get feedback on certain things we might change or need to reconsider, we’ll certainly do that,” he said.

More importantly, he said, the creation of a taxonomy means if any company wants to self-certify a futures product tied to a digital asset, the CFTC and SEC can just look to their guidance to ensure the token is not a security.

“To the extent you have a tokenized security, we’re not butting heads on the CFTC claiming it’s a commodity or the SEC claiming a different type of commodity as a security,” he said. “We’ve got clear lines drawn in the statute.”

The guidance was intended to be comprehensive, so both the companies and the agencies had examples, he said.

“We should be very much aligned across agencies,” he said.

Monday

  • 13:00 UTC (9:00 a.m. ET) SEC Chair Paul Atkins will speak at the IMF-IOSCO conference on new technologies.

Thursday

  • 14:00 UTC (10:00 a.m. ET) The House Agriculture Committee will hold a hearing with CFTC Chair Mike Selig. There are not many details about the topic of the hearing — it just said it’s “for the purpose of receiving testimony.”
  • 16:00 UTC (9:00 a.m. PT) A Ninth Circuit Court of Appeals panel will hear arguments in a consolidated set of cases around prediction markets and state regulators. The CFTC filed an amicus brief in this case and will also speak during the arguments.

If you’ve got thoughts or questions on what I should discuss next week or any other feedback you’d like to share, feel free to email me at nik@coindesk.com or find me on Bluesky @nikhileshde.bsky.social.

You can also join the group conversation on Telegram.

See ya’ll next week!

Michael Saylor Hints Strategy is Buying More Bitcoin

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Michael Saylor, the co-founder of Bitcoin (BTC) treasury company Strategy, signaled that the company is acquiring more BTC, as the price retreated from the local high of over $73,000 reached this week.

“Think bigger,” Saylor said on Sunday, while sharing the chart of Strategy’s BTC purchase history that has become synonymous with imminent BTC acquisitions.

Strategy’s most recent BTC purchase was April 6, when it bought 4,871 coins for more than $329.8 million, bringing its total holdings to 766,970 BTC, valued at about $54.5 billion using market prices at the time of publication, according to the company.

The Tysons Corners, Virginia-based company continues accumulating BTC, even amid a bear market that pushed Bitcoin’s price down to two-year lows, putting Strategy’s BTC treasury underwater.

Strategy’s Bitcoin purchase history. Source: Strategy

Related: Strategy set to resume buying Bitcoin via STRC: Will BTC price hit $80K?

Strategy is sitting on nearly $14.5 billion in unrealized losses

Strategy’s average cost of acquisition per BTC is $75,644, nearly $5,000 less than the market price at the time of this writing.

The company reported a loss of nearly $14.5 billion on its BTC holdings for the first quarter of 2026, according to a filing with the US Securities and Exchange Commission (SEC).

Despite the unrealized losses, Strategy continues to accumulate BTC at a faster rate than miners can produce new coins, leading some analysts to forecast a potential BTC supply squeeze.

Miners produced about 16,200 BTC in March, while Strategy accumulated 46,233 BTC during that same period, nearly three times the newly mined supply.

Bitcoin Price, MicroStrategy, Michael Saylor
Strategy’s quarter-end BTC holdings. Source: Strategy

“The global consensus is that BTC is digital capital. The four-year cycle is dead. Price is now driven by capital flows. Bank and digital credit will determine Bitcoin’s growth trajectory,” Saylor said in April.

Strategy’s 766,970 BTC reserve makes it the biggest BTC treasury company by holdings, according to BitcoinTreasuries. The next largest is held by Twenty One Capital, which holds 43,514 BTC.

Strategy has bucked the trend during the ongoing bear market by continuing accumulation as other BTC treasury companies show signs of capitulation amid a challenging business environment. MARA Holdings sold 15,133 Bitcoin in March for roughly $1.1 billion to buy back $1 billion of zero-coupon convertible notes at a discount.

Chairman and CEO Fred Thiel commented that the transaction enhanced the company’s “financial flexibility” and increased its “strategic optionality” as MARA expands “beyond pure-play Bitcoin mining into digital energy and AI/HPC infrastructure.”

Magazine: Scottie Pippen says Michael Saylor warned him about Satoshi chatter