The bullish momentum that propelled many digital assets to multi-week highs over the past week is expected to carry into the current trading week.
Several crypto-related stocks are benefiting from this strengthening optimism, and coupled with recent ecosystem updates, some are poised for additional gains. Among the top crypto stocks to watch this week are IREN Limited (IREN), Bitdeer Technologies Group (BTDR), and Soluna (SLNH).
IREN Limited (IREN)
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IREN closed last Friday at $33.96, marking a 3.26% gain for the day. During trading, the stock reached an all-time high of $34, signaling strong investor interest and momentum. This performance has positioned IREN as one to watch as the market opens this week.
The company recently released its monthly update for August 2025, highlighting several developments that could influence its stock trajectory. IREN’s AI Cloud infrastructure expanded to 10,900 NVIDIA GPUs, with over 80% deployed at Blackwells. The firm also identified an expansion opportunity of over 60,000 GPUs across British Columbia campuses, anchored by over 20,000 units at Prince George.
These strategic moves reflect the company’s commitment to scaling its AI capabilities, which could further bolster investor confidence.
If demand continues to climb this week, IREN’s stock could reach new highs, potentially surpassing its recent peak.
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Conversely, should a selloff occur, the stock may experience a pullback, with potential support around $27.91.
