The Sandbox priceSAND

Here’s a roundup of today’s crypto news & market update (October 1, 2025): 📰 Key Headlines & Trends Bitcoin, Ethereum slip amid U.S. political uncertainty Crypto markets are under pressure as concerns mount over a possible U.S. government shutdown. Bitcoin is down ~1%, and Ethereum ~2.8%, along with declines in Solana, XRP, and others. New SEC rules open the door for more crypto ETFs The SEC has streamlined the process for approving commodity-based crypto ETFs, cutting approval times and eliminating certain regulatory hurdles. The first multi-asset crypto ETF (including Bitcoin, Ethereum, XRP, Solana, Cardano) has already been approved under the new framework. Euro-denominated stablecoin by European banks A consortium of nine major European banks (ING, UniCredit, DekaBank, etc.) is forming a company to launch a euro-backed stablecoin, with plans to roll it out in the second half of 2026. Tether to introduce a U.S. stablecoin (USAT) Tether, issuer of USDT, plans to launch USAT, a stablecoin compliant with U.S. regulation (GENIUS Act), to serve U.S. users with greater regulatory clarity. New blockchain “SANDChain” debuts A new creator-focused blockchain, SANDChain, is launching today. It is tied to The Sandbox ecosystem and uses ZKsync tech. The native token SAND will be gas token and governance for the network. Technical and market sentiment notes Bitcoin is holding around USD 114,000 with key resistance levels at ~$114,750 and ~$115,500. Derivatives markets show traders are hedging — puts are more expensive (protective) while calls remain in demand, indicating cautious optimism. The looming U.S. government shutdown is seen as increasing crypto volatility, with some investors viewing crypto as a hedge amid political risk. If you like, I can also send you detailed updates on specific coins (e.g. Solana, ADA, XRP) or sector trends (DeFi, NFTs, Layer-2). Do you want me to dig deeper into a particular corner of crypto?

#The Sandbox Launches SANDchain, Focusing on Creator Economy On-chain Infrastructure

What to look at What the signals show / what it implies Trend over last week / month Price is down roughly −10-13% over the past 7 days. On longer (1-month) view there was some up move before that, but recent strength faded. Resistance levels Key resistance around $0.048-$0.050, also just above there (~$0.0515) if it tries to push higher. Support levels Support zones are around $0.04097, then $0.0429-$0.0445. If price breaks below $0.0409 that would be a more serious downside risk. Technical indicators - RSI (14) is neutral (not strongly overbought or oversold) in many sources. <br> - Stochastic RSI etc show mixed or slightly weaker momentum — some “oversold” signs, which could mean bounce potential. <br> - Moving averages mostly leaning toward bearish or neutral when looking at weekly/monthly frames. Volume / Liquidity Trading volume is modest (several million USD per day); liquidity isn’t super deep. Big moves could be more volatile because of that Short-Term / Medium-Term Risk-Reward Zones Based on that chart data, here are some plausible “if-this then that” zones: Scenario Entry zone / what you want to see first Price target (if things go well) Stop-loss / downside zone to watch Conservative bounce play If PORTAL pulls back close to ~$0.0425-$0.0445 (strong support) and shows bounce with volume + bullish candlestick(s) First target around resistance at ~$0.048-$0.050; if that breaks, maybe up to ~$0.052-$0.055 A break below $0.0409 could suggest more downside, so might exit around $0.038-$0.040 zone Breakout scenario If price pushes and stays above ~$0.050 with good volume, maybe also break above ~$0.0515 Could aim for ~$0.060+ if momentum holds, maybe higher depending on market conditions If breakout fails / price falls back below $0.048 or ~$0.046, that’s a sign of false breakout — could drop back to support zones Bear / weak-case scenario If macro market turns bad (e.g. Bitcoin, altcoins all pulling back) + weak volume + fails at resistance Could fall toward $0.035-$0.030 if supports give way Worst case if it loses support around $0.0409, could slide more; risk control important To see how PORTAL stacks up, here are some coins that are somewhat “similar” — in the Web3 gaming / GameFi / cross-chain gaming / NFT-oriented altcoins — and how PORTAL compares on some dimensions: Coin What it does well vs PORTAL Where it lags / risk vs PORTAL GALA (Gala Games) Large user base, established games, more liquidity / market attention. If gaming & NFTs do well, Gala often moves too. More expensive, more expectations priced in; downside risk if gaming sentiment sours. Also possibly slower growth vs smaller, more nimble projects. The Sandbox (SAND) or Decentraland (MANA) Big names, strong branding, more real-estate / metaverse adoption; more infrastructure in place. Larger caps => less percentage growth; also more risk of correction if hype cools. Other smaller GameFi / Web3 cross-chain tokens These often have more volatility (both up & down) — so when things go well, they can outperform. Might also attract speculative money sooner. But also more risk: fewer reserves, less margin for error, sometimes weaker fundamentals (e.g. smaller communities, less adoption). Also, corrections can hit har

$PORTAL token is emerging as a multi-chain gaming and metaverse-focused asset that bridges Web3 entertainment with interoperability. The project emphasizes a seamless experience where players can access multiple games and ecosystems through a unified token economy. Its value proposition lies in connecting diverse blockchains, offering a single point of access for NFTs, in-game assets, and gaming rewards. This interoperability makes it appealing to both developers and users who want flexibility without being locked into one ecosystem. The tokenomics of $PORTAL include utility for staking, governance, and in-game purchases, which creates a cyclical demand. By functioning as a reward and payment medium, it fosters engagement and adoption within partner gaming ecosystems. Additionally, strategic partnerships with established gaming studios and blockchain platforms position $PORTAL as a potential key player in Web3 gaming expansion. From a price perspective, $PORTAL has shown speculative momentum as community interest in gaming and metaverse tokens revives. Its performance will largely depend on user adoption, NFT integration, and the success of its partner projects. Risks remain tied to market volatility and competition from other gaming tokens like $ENJ and $SAND. If $PORTAL sustains strong utility growth, it could establish itself as a long-term Web3 gaming hub.