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A recent poll indicates that financial experts remain skeptical if Shiba Inu is able to overtake Dogecoin in value. The poll, conducted by Finders, surveyed 14 finance experts for their opinion on whether SHIB will ever overtake DOGE in market capitalization. Their findings? A whopping 79% of the total participants believe that Shiba Inu will never flip Dogecoin in the area of market capitalization. Related Reading: Crypto Holders Beware! New Malware Drains ETH, SOL, XRP Wallets Survey Reports Overwhelming Consensus Against SHIB Flipping DOGE The results point to a distinct stance by the majority of experts. A mere 7% of those polled showed confidence that SHIB would at some point in the future surpass DOGE, and these few stalwarts predicted it could occur as soon as 2026. The other 14% were uncertain about SHIB’s fate. The overwhelming rejection of Shiba Inu’s ability to replace DOGE as the leading meme coin mirrors wider market opinion regarding the two tokens. Supply Issues Present Major Hurdle For Shiba Inu Huge challenges in the SHIB token supply are one potential consideration preventing overtaking Dogecoin, Dr. Sathvik Vishwanath, Unnocoin’s jurisdictional head, disclosed. Consider the circulating supply of SHIB at 589.25 trillion versus just 148.82 billion for DOGE: the supply gap is massive. Vishwanath said that despite Shiba Inu’s excellent tokenomics and solid community support, the massive token supply keeps SHIB from taking over DOGE’s market cap. Huge Disparity In Current Market Position At present, Dogecoin is at the eighth position among cryptos with a market cap of $24.60 billion, while Shiba Inu holds 17th place with a market capitalization of $7.3 billion. SHIB would have to increase its worth by 240% to reach DOGE’s current rank by assuming that Dogecoin’s price remains constant, and both tokens share the same circulating supply. Related Reading: Solana Hits Milestone As Canada OKs First Spot ETFs Current Whale Activity Suggests Possible Turnaround Contrary to the negative expectations of analysts, new trading statistics show a significant Shiba Inu rise. According to IntoTheBlock, with whales dominating, SHIB daily trade volume rose to 224 billion tokens in 24 hours. Inflows from large-holders increased from 96 billion SHIB on April 13 to over 224 billion on April 14. This rise in interest from major investors could be a sign of changing sentiment as whales will set up before they anticipate a move in prices. This isn’t the first time these cryptocurrencies have seen conflicts regarding superiority. In 2021, Shiba Inu briefly dethroned Dogecoin when its market cap touched $39 billion. Alas, this victory was short-lived as DOGE quickly reclaimed the title of the number one meme coin. Featured image from Pixabay, chart from TradingView

Some cryptocurrency enthusiasts are making eye-catching predictions about XRP. They suggest that buying just 1,000 tokens could set investors up for life by the end of this decade. Related Reading: Crypto Holders Beware! New Malware Drains ETH, SOL, XRP Wallets Online Influencers Push Optimistic XRP Price Targets Based on social media comments, XRP supporter Duefe recently asserted that holding 1,000 coins could be sufficient to gain “a joyful and free life” by 2029. This is a remarkable prediction based on prices now. Based on today’s price of $2.17 per token, 1,000 XRP would be worth $2,170. For this modest investment to equal $1 million – a figure many believe is required for early retirement – every XRP would have to reach $1,000. This kind of expansion would necessitate a price increase of more than 45,900% from where they are today. 1000 XRP is enough for a joyful and free life. Just hold until 2029.$XRP — Duefe (@cryptoshab) April 14, 2025 Other voices within the XRP universe concur. Edo Farina, one of the best-known advocates, has gone so far as labeling the choice to not hold a minimum of 1,000 XRP as “insanity,” according to reports from within the crypto space. Not owning at LEAST 1,000 $XRP is the definition of insanity. ???? Full Video: https://t.co/hWuxKcPx6E pic.twitter.com/j05yZ4ei6Q — EDO FARINA ???? XRP (@edward_farina) March 17, 2025 Wallet Data Shows Limited Distribution Statistics from the XRP Rich List indicate that a mere 230,500 wallets now hold between 500 and 1,000 units. Of the 6.38 million total wallets out there, only 10% (approximately 638,000) have 2,500 tokens or more. These statistics indicate that if such astronomical price rises did happen, the wealth would be in the hands of a relatively small number of early adopters. Price Projections Differ Considerably Among Experts Not every prediction sets its sights as high as $1,000 per token. Some estimate XRP could hit at least $25 by 2029. Although this is well below the $1,000 it would take to convert 1,000 XRP into $1 million, it would still be a return of about 1,000% above today’s price. Others think the $1,000 price could be achieved, but within a longer timeframe of around a decade. Related Reading: Solana Hits Milestone As Canada OKs First Spot ETFs XRP Holder Count Steady At 4.81 Million Over The Past Month Meanwhile, the count of XRP holders on the mainnet has been incredibly stable between March 18 and April 15, staying close to the 4.81 million mark based on data from CoinCarp. The stability indicates that investor sentiment for XRP has been stable, with no indication of large-scale accumulation or large-scale exits. In the face of market uncertainty or price oscillations in the same time frame, holders of XRP seem to be holding steady, perhaps indicative of faith in the long-term value of the token or a wait-and-see attitude among retail and institutional players alike. Data also indicates a more mature base of holders who are not responding irrationally to short-term price swings. Featured image from Pexels, chart from TradingView

Canada’s financial regulators have given the green light to multiple spot Solana (SOL) exchange-traded funds, marking another cryptocurrency milestone for the country. According to Bloomberg ETF analyst Eric Balchunas, these new investment products will hit Canadian markets on April 16, 2025. Related Reading: Crypto Holders Beware! New Malware Drains ETH, SOL, XRP Wallets The Ontario Securities Commission (OSC) allowed multiple financial institutions to roll out these ETFs yesterday, opening the way for direct investment in the Solana cryptocurrency using conventional brokerage accounts. SOL Enters Major Financials Four large investment companies have received approval to distribute these new crypto products. 31Q, Purpose Investments, CI Global Asset Management, and Evolve will all be releasing spot Solana ETFs later this week, providing Canadian investors with a variety of choices to invest in SOL. These firms are long-time participants in Canada’s investment space, and their inclusion marks increasing institutional acceptance of cryptocurrencies outside of Bitcoin and Ethereum. Canada is readying spot Solana ETFs to launch this week after regulator gave green light to multiple issuers incl Purpose, Evolve, CI and 3iQ. ETFs will include staking via TD pic.twitter.com/FSw149Xkm4 — Eric Balchunas (@EricBalchunas) April 14, 2025 Staking Features Could Boost Returns For Investors One of the main features distinguishing these Solana ETFs is their capacity for staking the underlying SOL positions. The OSC has allowed the issuers of ETFs to stake some portion of their Solana, and this could unlock extra returns for investors in excess of price appreciation alone. TD Bank reported that returns from staking SOL can be higher than those from Ethereum staking, and thus these products could be more appealing to yield-starved investors. The bank also referred to them as “the world’s first spot Solana ETFs,” emphasizing the innovative character of these financial products. US Solana ETF Market Experiences Mixed Results The US market so far has only futures-based Solana ETFs, with limited success. Balchunas noted that two SOL futures ETFs in the United States, Volatility Shares 2x SOL ETF and Volatility Shares SOL ETF, have failed to gain investor attention since their launch in March 2025. Both of these products have only accumulated a combined assets under management of nearly $14 million. For comparison, the Teucrium 2x XRP ETF performed better even though it came out later after the SOL products, implying unequal investor interest in disparate cryptocurrency ETFs. Related Reading: Whale Alert: Ripple Sends 200 Million XRP Into The Shadows SEC Ruling On US Spot SOL ETFs Remains Pending As Canada progresses with spot Solana ETFs, their equivalents in the United States languish in limbo. It has had applications from some of the largest financial institutions, such as Grayscale Investments, Bitwise, 21Shares, Canary Capital, Fidelity Investments, and VanEck. The SEC has accepted these filings but has not approved any for release yet. The regulators last month postponed their consideration of VanEck’s Solana Trust ETF filing, rescheduling the deadline to May 19, 2025. Featured image from Pixabay, chart from TradingView

The price of XRP remains stable in an otherwise volatile market, currently selling at $2.15 with a an impressive 13% increase in the last seven days. The cryptocurrency holds on to being part of the top three digital currencies despite indicators pointing in varying directions. Though short-term price action indicates a period of consolidation, long-term potential for growth continues to be a possibility for investors monitoring this Ripple-supported coin. Related Reading: Whale Alert: Ripple Sends 200 Million XRP Into The Shadows Trading Volume Falls But Price Still Resilient The recent price movement of the coin has been hard to forecast. XRP has established lower highs and lower lows over the last day, leaving everyone wondering which way it will go next. The small 1.20% increase in the last 24 hours might not be the full picture, as the price is currently below today’s high of $2.18. Trading volume has dropped by 12% over the past 24 hours to $3.4 billion, from a high of more than $4 billion. Open Interest has also dropped by over 5%, with just 1.45 billion XRP (valued at $3 billion) locked in futures markets. In spite of these declining trends in trading activity, XRP’s price has not imploded. Technical indicators suggest a neutral Relative Strength Index (RSI) of 49, which means selling pressure has dissipated. The Bollinger Bands indicator indicates lower price volatility. Weekly Performance Depicts Optimism If one looks at the larger time frame, the bigger picture is more optimistic. XRP has risen by 13% in the last week, compared to several other cryptocurrencies. According to CoinShares’ latest digital asset report, only the top altcoin, XRP, had investment inflows, while both Bitcoin and Ethereum had outflows. This interesting trend is indicative of institutional investor trust in XRP when all other top cryptocurrencies are experiencing selling pressure. Corporate Developments Might Fuel Future Growth Ripple Labs’ new business developments may influence the price of XRP in upcoming weeks. The company has acquired Hidden Road, a leading prime brokerage company, which has been its first foray into traditional financial markets. According to reports, both XRP and RLUSD (Ripple’s USD stablecoin) have roles to play in this development. This conventional finance adoption may increase the price and usage of XRP if the company’s strategy works out. Related Reading: Crypto Holders Beware! New Malware Drains ETH, SOL, XRP Wallets The future of the cryptocurrency appears to be linked with both global market trends and Ripple’s business growth. Although immediate price movements are unstable with contradictory signs from market indicators, corporate growth and institutional interest offer growth catalysts. Meanwhile, market technicians are keeping a close eye on major technical levels and trading trends, but the combination of reduced volatility and continued weekly gains indicates XRP might be setting the stage for a more meaningful price move in the near term. Featured image from Pexels, chart from TradingView

A well-known cryptocurrency commentator thinks Ethereum is poised to reach new all-time highs, potentially setting off large gains for other smaller cryptocurrencies. The analyst, Alex Becker, shared his expert analysis on these points in a recent livestream where he was talking about Ethereum’s price action and what that may portend for the wider market. Related Reading: Whale Alert: Ripple Sends 200 Million XRP Into The Shadows Ethereum Displays Signs Of Recovery Ethereum has risen nearly 5% in the past 24 hours, trading at $1,675, which is a 10% rise in the past week. The second-largest cryptocurrency recovered strongly after touching a multi-year low of $1,380 recently. The recovery has been very rapid, with Ethereum rising almost 20% in a five-day timeframe. In spite of this rise, current prices still indicate a steep 50% fall from where Ethereum had been trading at the start of 2025. Analyst Asserts 90% Probability Of Shattering Past Records The cryptocurrency also has a way to go before it hits its all-time high of $4,890, which is around 60% lower than the peak. Ethereum would have to more than double its current price to hit its previous record. Becker voiced strong optimism regarding Ethereum’s future, saying there’s a “90% chance” it will break its prior record high. He even dared viewers to come back in three years and ridicule him if his prediction fails to materialize. The analyst is optimistic in part due to what he perceives as widespread negativity in regards to Ethereum, with most investors writing it off as “dead.” However, Becker is going the other direction, indicating the cryptocurrency is overvalued and offers a good buying opportunity for those who had the willingness to accept the risks. Without hype there is a 90% chance ETH returns to its old ATH… Which will trigger huge gains in alts from these prices… Making this the easiest way to 3-8x your money in history. Ever. This isn’t even the best case scenario where it gets a true bull past aths. — Alex Becker ???????????? (@ZssBecker) April 11, 2025 Possible Ripple Effect On Other Cryptocurrencies According to Becker, an Ethereum “comeback” would have profound implications on other leading cryptocurrencies. He believes coins positioned just below Ethereum to experience explosive growth in case his expectations come to fruition. The analyst outlined specific cryptocurrencies he thinks will gain, such as Cardano (ADA), XRP, Dogecoin (DOGE), SUI, Avalanche (AVAX), and Solana (SOL). Though stressing the risks involved with cryptocurrency investing, Becker recommended such coins could be worth holding by long-term investors willing to deal with high-risk assets. Related Reading: Crypto Holders Beware! New Malware Drains ETH, SOL, XRP Wallets Price Targets And Growth Projections Becker drew a number of scenarios for growth in cryptocurrencies. For Ethereum, he predicted that a four-fold ROI on present levels can happen, and prices can possibly touch as much as $10,000 under a highly optimistic scenario. The analyst was even more optimistic about XRP, indicating that it could beat Ethereum by 25%-50% if it starts to close the market capitalization gap between the two cryptocurrencies. Even with his positive view, Becker admitted that investing in cryptocurrencies is still very risky. He cautioned that in the worst-case scenario, Ethereum can fall to $500, which is a 50% decline from current prices for investors. Featured image from Reuters, chart from TradingView

Mantra has just gone through a crash that has wiped out most of its value. Here’s how on-chain metrics have changed during this collapse. Mantra Has Seen A Reaction In Several On-Chain Indicators In a new post on X, the on-chain analytics firm Glassnode has discussed about the sudden price plunge that Mantra saw in the past day. During this crash, the asset’s value went from above $6 to around $0.50 in the matter of a few hours. Related Reading: Cardano Could Drop To $0.54 If This Support Gives Out, Analyst Says First, here is how the Exchange Inflow (that is, the total amount of OM being transferred to centralized exchanges) changed along with this volatile move: As displayed in the above graph, Mantra interestingly didn’t see any large spikes in the indicator in the leadup to the crash. Investors use exchanges for selling-related purposes, so large deposits tend to appear before intense volatility. In OM’s case, though, it seems there were no such inflows. Large deposits have still occurred in the past day, but they only came after the collapse was already over. These late inflows likely corresponded to reactionary moves from the investors. The opposite indicator, the Exchange Outflow, also saw spikes following the price plummet, as the below chart shows. While the largest withdrawals only came after the crash was over, there were some significant outflows also made before the low was reached. “This could reflect withdrawals post-liquidation, opportunistic buys followed by self-custody, or exchanges reducing exposure,” explains the analytics firm. A metric that did register a change ahead of time was the percentage of the Mantra supply held by the top 1% addresses. The top 1% addresses reduced their supply share from 96.4% to 95.6% before the OM collapse took place. “While not the largest drop in recent months, it’s notable,” notes Glassnode. Another indicator that showcases the market panic is the Number of Transfers, which observed a huge spike as OM went through its volatility. The Number of Transfers peaked at around 1,400 inside a 10-minute window. Given the scale involved, it’s likely that a large amount of traders were responsible for these moves. Related Reading: Bitcoin Sharks & Whales Show Highest Growth Since Feb: Confidence Returning? And indeed, the trend in the Active Addresses, a metric keeping track of the number of addresses becoming involved in transactions on the chain, would confirm this. From the chart, it’s apparent that the Active Addresses mimicked the trend in the Number of Transfers very closely, so the Mantra selloff wasn’t contained to a few addresses at all. OM Price At the time of writing, Mantra is trading around $0.50, down more than 91% in the past day. Featured image from Dall-E, Glassnode.com, chart from TradingView.com

Solana appears to be gearing up for a major technical breakout, with recent price action building up an interesting chart formation. A familiar bullish pattern has formed, and if validated, it could drive the price to a level not seen in recent weeks. This new development was highlighted by popular analyst Titan of Crypto on social media platform X. Pattern Breakout Sets $143 In Sight Like every other large market-cap cryptocurrency, Solana has experienced an extended period of price crashes since late February. In the case of Solana, this price crash has been drawing out since January, when it reached an all-time high of $293 during the euphoria surrounding the Official Trump meme coin. Since then, Solana has corrected massively, even reaching a low of $97 on April 7.  Related Reading: Bitcoin Maxi Takes Aim: Ethereum’s True Value? Lower Than You Think The price action before and after this $97 low has created an interesting formation on the 4-hour candlestick timeframe chart. As crypto analyst Titan of Crypto noted, this formation is enough to send Solana back up to $143.  At the heart of the latest bullish outlook is a clearly defined inverse head and shoulders structure, which is known for its reliability in signaling a reversal from a downtrend to a bullish breakout. The left shoulder of the pattern began forming in early April as Solana attempted to rebound from sub-$110 levels. The subsequent drop to the $96 bottom on April 7 formed the head of the structure. From there, a recovery started as buyers cautiously stepped back in, giving rise to the right shoulder. The breakout of the neckline resistance has taken place in the past 24 hours. With this in mind, Titan of Crypto predicted that $143 becomes the next logical destination based on the measured move from the head to the neckline. Image From X: Titan of Crypto Momentum Strengthens With Structure Confirmation Looking at the chart shared by the analyst, the momentum behind Solana’s price movement appears to be gaining strength. Trading volume is an important metric in evaluating the strength of a breakout, and the volume accompanying the recent breakout above the neckline seemingly confirms it. Particularly, Solana has seen a 5.3% increase in its price during the past 24 hours, with trading volume surging by 3.76% within this timeframe to $4.21 billion. Although it is common to see a throwback or minor consolidation just above the neckline, the projected path suggests continued upside as long as price action holds above that key breakout zone. Related Reading: From Joke To Juggernaut: Dogecoin Value Revolution Gets Nod From Global Asset Giant At the time of writing, Solana is trading at $129, 10% away from reaching this inverse head-and-shoulder target. A move to $143 would not only represent a meaningful recovery from April’s lows but could also improve the confidence in Solana’s price trajectory moving into Q2. The next outlook is what happens after it reaches this target of $143, which will depend on the general market sentiment.   Featured image from The Information, chart from TradingView

In the last month, there have been multiple ups and downs for the crypto industry, but Fartcoin is the one altcoin that has stood out through all of it with major recoveries. In less than one month, the Fartcoin price has risen by more than 230%, placing it at the top of the leaderboard for cryptocurrencies that have recovered in the last month. Now, as its popularity spread, the question remains, is it still a good time to get in on this AI play? Fartcoin Price Headed For Major Resistance Fartcoin is currently one of the trending cryptocurrencies on the Internet after staging a rapid rally in April. Its daily trading volume has risen to more than $350 million at the time of this writing and it continues to garner attention from investors. It has risen to $0.88 after touching a low of $0.23 back in March. Now, it looks like it is on its way to trying another all-time high above its previous $2.61 peak from January. Related Reading: Trump’s Tariff Pause Could Push Bitcoin Price Above $100,000, Pundit Reveals Exit Point Crypto analyst MyCryptoParadise has chimed in on Fartcoin’s recovery, mapping out where it could be headed next. While the analyst does see the price rising higher from here, it is not all good news, especially as Fartcoin seems to be headed toward a major resistance. They explain that the altcoin is currently completely the third wave of a classic Elliot Wave impulse, which is a bullish wave. With the price having risen so much, it means that the end of the bullish third wave could be ending and about to usher in the more bearish fourth wave. Not only is the bearish fourth wave on the horizon, the analyst says that Fartcoin could probably enter a corrective ABC wave during this time. What this means is that the altcoin could be headed for major resistance, where the power of the current uptrend would be tested. Related Reading: Ethereum Price Rebound: Breakout To $1,800 With These Two Supply Zones There is very strong resistance for Fartcoin at $1.05, which is still around 15% away from where the price currently is at the time of this writing. However, if the price were to successfully close above the extended resistance zone of $1.1361, then the uptrend could continue from here. “This is the point where the weak hands get shaken out and smart money reloads,” the crypto analyst explains. “If you’re aiming for long-term success, wait for high-probability setups and protect your capital.” Featured image from Dall.E, chart from TradingView.com

According to a recent X post by seasoned crypto analyst Ali Martinez, Ethereum (ETH) may have already gone through its capitulation phase for this market cycle. Notably, the second-largest cryptocurrency by market cap is down more than 55% over the past year. Is Ethereum Capitulation Over? Unlike Bitcoin (BTC) and altcoins such as XRP, Solana (SOL), and SUI, Ethereum has endured a challenging two-year stretch. The cryptocurrency was trading at $1,892 exactly two years ago, on April 11, 2023, and is now priced around $1,560 – over 17% lower. Related Reading: Is Ethereum Repeating Its 2020 Trend Reversal? Analyst Predicts ETH To ‘Explode’ In Q2 2025 In contrast, BTC has surged from approximately $41,000 two years ago to $82,127 at the time of writing – an increase of nearly 100%. While SOL currently trades below its April 2023 price, unlike ETH, it did manage to reach a new all-time high (ATH) of $293 earlier this year in January. Understandably, sentiment toward ETH – among both retail and institutional investors – is hovering near all-time lows. However, Martinez believes that “smart money” may be accumulating at current levels, anticipating a near-term reversal. The analyst pointed out that Ethereum’s Entity-Adjusted Dormancy Flow has recently dropped below one million. Martinez added: This historically indicates a macro bottom zone, meaning $ETH might be undervalued and long-term holders are less inclined to sell. It also suggests: sentiment is low, capitulation may have occurred, smart money might be accumulating. For the uninitiated, Ethereum’s Entity-Adjusted Dormancy Flow is an on-chain metric that compares the market cap to the dormancy – the average age of ETH being moved – adjusted for unique entities instead of raw addresses. The metric helps identify whether the market is overheated or undervalued by tracking the behavior of long-term holders. If ETH follows historical trends, it may be approaching a momentum reversal. In a separate X post, crypto trader Merlijn The Trader suggested that Bitcoin Dominance (BTC.D) is nearing a peak, which could shift capital into altcoins and trigger a short-term rally. At the time of writing, BTC.D stands around 63.5%. A potential pivot by the US Federal Reserve toward quantitative easing (QE) could inject fresh liquidity into the market, possibly sparking a mini altcoin rally. ETH Demands Cautious Optimism While there are multiple signs that ETH may be close to bottoming out, some indicators suggest that there could be continued weakness for the digital asset before any meaningful momentum shift. Related Reading: Analyst Spots Key Ethereum Resistance Levels While RSI Hints At Bullish Divergence In a recent analysis, Martinez warned that ETH could fall as low as $1,200 if the current sell-off continues. Further, ongoing capital outflows from US-based spot Ethereum exchange-traded funds (ETF) remain a concern for the asset’s short-term outlook. That said, crypto analyst NotWojak recently noted that ETH may be on the verge of a breakout, with a potential upside target of $1,835. At press time, ETH is trading at $1,557, down 2.3% in the past 24 hours. Featured image created with Unsplash, charts from X and TradingView.com

Crypto analyst El Crypto has raised the possibility of an altcoin season happening soon. The analyst alluded to Bitcoin’s dominance rising to a major rejection zone, which could be bullish for altcoins.  Altcoin Season May Be Imminent As Dominance Hits Major Rejection Zone In an X post, El Crypto suggested that the altcoin season may be imminent as Bitcoin’s dominance hits a major resistance zone. He revealed that BTC’s dominance again touched a zone that has led to rejection every time in the last one and a half years. He added that the Stochastic Relative Strength Index (RSI) is also in the overbought area, while a bearish cross has now happened again.  Related Reading: Waiting For An Altcoin Season? Analyst Says A Weekly Close Above This Level Would Trigger A Rally Based on this, the analyst remarked that the market looks to be in for some fun, hinting at an altcoin season. Crypto analyst CryptoElites also affirmed that Bitcoin’s dominance has reached its peak. He further affirmed that next up is a massive altcoin rally, which will usher in the alt season.  In another X post, the crypto analyst alluded to the USDT and USDC dominance ratio. He claimed that the market was at a critical trend reaction point right now. CryptoElites then mentioned that if the stablecoins’ dominance breaks down, then the altcoin season will officially begin.  Crypto analyst Kevin Capital also looked to provide a bullish outlook towards the altcoin season. In an X post, he highlighted the global liquidity index overlaid with the Dogecoin price. In line with this, he remarked that it might be time for market participants to start paying attention to this.  So far, altcoins have been mirroring Bitcoin’s price action, suffering a similar downtrend amid the trade war. However, if the altcoin season were to kick into full gear, these altcoins could easily decouple from the flagship crypto and outperform. Ethereum is known to lead this altcoin season, but that may not be the case this time, as ETH has underperformed throughout this cycle.  Still Bitcoin Season For Now Blockchain Center data shows that it is still Bitcoin season for now, as the flagship crypto continues to outperform most altcoins. In the past 90 days, only seven out of the top 50 coins have outperformed the flagship crypto. These coins include Mantra, GateToken, Monero, LEO, Tron, and FastToken.  Related Reading: Altcoin Season: Crypto Expert Reveals Why $425 Billion Is Important For it to be altcoin season, 75% of the top 50 coins would need to outperform Bitcoin over the last 90 days. Although almost all coins have witnessed declines within this timeframe, BTC has suffered a 22% drop, which is less than what these altcoins have seen during this period.  At the time of writing, the Bitcoin price is trading at around $80,900, down over 1% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com

Swiss asset manager 21Shares has openly endorsed Dogecoin, stating that the cryptocurrency has developed a long way from its origins as an online meme. The company cited Dogecoin’s whopping 130,000% price appreciation over the last decade as evidence of its longevity within the turbulent crypto space. Related Reading: XRP ETF Launch Impresses Even In Bear Market, Says Analyst Meme Currency Sees Serious Growth What began as an online joke in 2013 has become what 21Shares refers to as a “movement” in the crypto space. Dogecoin’s performance, the asset manager says, speaks for itself. The coin has recorded an annual growth rate of 125% since its inception, making it the best performer among the market’s top 25 largest cryptocurrencies by market cap. The growth is not just in value. User adoption has nearly doubled in recent years, with wallet addresses rising from 44 million to 84 million in four years. Such rapid growth shows that more people are holding and using the cryptocurrency despite its lighthearted origin. Dogecoin isn’t just a meme—it’s a movement. With 130,000%+ returns, a $30B market cap, and 84M+ wallets, DOGE is rewriting what value means in the digital age. Explore how culture, community, and memes drive this phenomenon. Read the full blog → https://t.co/wNFYdM2pjS pic.twitter.com/ojfYEkVCwQ — 21Shares (@21Shares) April 10, 2025 ETF Filing Marks Major Step For Dogecoin The Swiss company recently submitted an S-1 form to the US Securities and Exchange Commission for a Dogecoin ETF. The filing is a significant step forward for cryptocurrency, which began life as a prank. If accepted, the ETF would allow ordinary investors to own exposure to Dogecoin without buying or owning the cryptocurrency itself. According to regulatory filings, the new fund would be commodity-based, providing an alternative method of bringing Dogecoin into portfolios using traditional investment vehicles. 21Shares Announces Partnership With Dogecoin Foundation 21Shares also announced that it has partnered with the House of Doge, the official business entity of the Dogecoin Foundation. From reports, the partnership is said to further entrench Dogecoin with conventional financial systems. Related Reading: Bitcoin Bulls Crushed: $500 Million Liquidation Shakes Market Confidence The alliance brings a new legitimacy to the currency, with traditional financial institutions now viewing it as a legitimate asset class and not merely an internet fad. Institutional support may entice more risk-averse investors who shunned the meme-coin in the past. New Exchange-Traded Product Launches With Physical Backing In a further demonstration of its dedication to Dogecoin, 21Shares has introduced an exchange-traded product fully supported by the Dogecoin Foundation. This investment product will be collateralized by real Dogecoin in a 1:1 ratio, such that every share equates to holding real cryptocurrency in cold storage. The firm will charge a management fee of 0.25% for this product, which is fairly competitive against peer cryptocurrency investment products. This physical backing model provides investors with confidence that their investment holds a real-world basis in the form of coins and not synthetic derivatives. Featured image from Unsplash, chart from TradingView

Solana has been able to remain above the key $110 price level even as big investors offload millions worth of tokens. The cryptocurrency is now trading at $114, registering a daily increase of 7.6% in the midst of a broad-based fear in the altcoin market. Related Reading: XRP ETF Launch Impresses Even In Bear Market, Says Analyst Big Investors Abandon Ship As Market Wobbles A number of key Solana holders have lost faith in the token’s near-term prospects. Blockchain analytics indicate that a whale (“4W1Ree”) unstaked 159,028 SOL tokens worth $16.5 million. The investor has already sold 60,000 of them for $6.13 million at an average price of $102. Whales are dumping $SOL! 4W1Ree unstaked 159,028 $SOL($16.5M) and sold 60,000 $SOL($6.13M) at $102 4 hours ago. 5cPair sold 89,734 $SOL($9.67M) at $108 14 hours ago.https://t.co/i2sVNng50nhttps://t.co/hJwIowTBPl pic.twitter.com/XLhXsLxHft — Lookonchain (@lookonchain) April 9, 2025 Yet another significant holder named “5cPair” offloaded close to 90,000 SOL tokens amounting to around $9.7 million, receiving an average of $108 per token. OnChainLens blockchain data also revealed that three interrelated wallets unstaked 168,498 SOL worth $17.86 million after being on the books for two months, taking an $11.38 million hit on their investment. Platform Activity Adds To Selling Pressure The offloading is not just limited to individual traders. According to recent transactions, Pump.Fun platform transferred 84,350 SOL tokens (valued at $9.3 million) to Kraken exchange. Since January 2025, the platform has already offloaded a whopping 1.72 million SOL tokens worth $310 million to exchanges. Pump.Fun currently has 3.24 million SOL tokens remaining, worth around $360 million at today’s prices. Technical Patterns Indicate Signs Of Reversal Even though there has been intense selling, some analysts are optimistic regarding Solana’s price trend. The cryptocurrency adheres to a growing falling-channel pattern on day charts. The recent decline reached a low of $95.16 on April 7, but buyers swiftly intervened to restore the price above $100. Today’s Relative Strength Index (RSI) also is now on the cusp of oversold levels, indicating a possible bounce. Some analysts are saying Solana just bounced off of a multi-year support trendline that set off a 1,000% bounce when tested in Q3 2023. Related Reading: XRP Will Explode—And This Korean Expert Says He’ll Be ‘Laughing’ At Critics Analysts Set Key Price Targets For Coming Weeks Market observers have pointed to key price levels that will decide Solana’s next direction. The TD sequential indicator has flashed a buy signal on SOL’s weekly chart, says analyst Ali Martinez. Solana needs to hold above $95 and break above $120 to initiate a significant recovery, Martinez believes. If these levels are held, Solana may look to $147 in the near future. If the $95 support fails, though, prices may plummet towards $69.94, the analyst said. The cryptocurrency is now trading between the center pivot level of $114 and the S1 pivot level of $94.29. Prediction site Polymarket indicates mixed sentiment, with 20% of participants believing SOL will fall to $80 in April, and 21% that it will reach $150. Featured image from Marca, chart from TradingView

Teucrium’s newly launched 2x XRP ETF on the New York Stocks Exchange recorded $5.43 million in turnover during its first day of trading on April 8, despite XRP prices hitting a five-month low. The ETF, trading under the ticker XXRP, achieved this milestone as cryptocurrency markets faced widespread selling pressure. Bloomberg Senior ETF Analyst Eric Balchunas called the performance “very respectable” given the current bearish market conditions. Related Reading: XRP Will Explode—And This Korean Expert Says He’ll Be ‘Laughing’ At Critics XRP Price Hits Five-Month Low As New ETF Launches According to market data, XRP’s price dropped to $1.61 on Monday, marking its lowest point in five months. The price briefly recovered to over $1.87 on Tuesday before falling again to $1.69 by evening. Even with these unstable price movements, Teucrium moved forward with its ETF launch, aiming to give investors a way to profit from price swings in either direction. $XXRP (2x XRP ETF) saw $5mil in volume on Day One, very respectable, esp considering the mkt conditions. That puts it in approx top 5% of new ETF launches, and about 4x what the 2x Solana ETF $SOLT did (altho both 200x less than King IBIT). pic.twitter.com/u3QQq5yuHv — Eric Balchunas (@EricBalchunas) April 8, 2025 New XRP ETF Outperforms Similar Solana Product Based on reports from Bloomberg’s Balchunas, the XXRP ETF’s first-day trading volume was about four times higher than what Solana’s similar 2x ETF saw on its launch day. This performance puts Teucrium’s product in the top 5% of all new ETF launches. However, the $5.43 million figure still pales in comparison to BlackRock’s Bitcoin ETF debut, which saw trading volume roughly 200 times larger. Community Shows Interest Despite Broad Market Losses The altcoin community has responded positively to the ETF launch, especially considering the harsh market conditions. Data shows that 137,000 traders faced liquidations in the 24 hours surrounding the launch, with total losses exceeding $413 million across cryptocurrency markets. Some XRP supporters have suggested that while XXRP’s volume was much smaller than BlackRock’s Bitcoin ETF (IBIT), a potential spot ETF (which some have dubbed “IXRP”) could provide stronger competition. How The 2x XRP ETF Works And Its Risks Unlike spot ETFs that directly hold the underlying asset, Teucrium’s XXRP does not invest directly in XRP tokens. Instead, it’s designed to deliver twice the daily performance of XRP’s price movements, which amplifies both gains and losses for investors. Related Reading: XRP Dump? Not So Fast—Software Engineer Says Panic Selling Makes No Sense Community figure Crypto Eri warned about the ETF’s built-in risk factors, noting that even if XRP’s price stays flat, volatility alone could cause significant losses. For example, if XRP experiences 25% volatility, XXRP holders could see a 6% loss. With 70% volatility, those losses could balloon to 40%. The launch comes as more than 10 asset managers have filed applications with the SEC for spot XRP ETFs. Major firms like Grayscale and Franklin Templeton have submitted applications, though BlackRock has not yet expressed interest in launching an XRP-specific ETF product. Featured image from Unsplash, chart from TradingView

Ethereum (ETH) has plunged 30% over the past two weeks, reflecting broader weakness across the crypto market as the global economy reels from escalating tariff wars. Crypto analyst Ali Martinez warns that ETH could fall even further in the near term, potentially testing the $1,200 level. More Pain For Ethereum, But A Recovery Is Possible Ethereum continues to struggle amid global economic pressures. The world’s second-largest cryptocurrency by market cap has dropped another 8.3% in the past 24 hours and is currently trading in the mid-$1,000 range. Related Reading: Is Ethereum Breaking Free from the Bear Trap? Analysts Weigh In Commenting on the recent price action, seasoned analyst Martinez highlighted that ETH could find key support at the $1,200 mark. He shared the following daily chart of ETH, showing how the digital asset has broken through multiple support levels since December 2024, when it was trading near $4,000. Meanwhile, renowned analyst Carl Moon noted that ETH is currently trading below its realized price of $2,000. He pointed out that the last time this occurred – back in March 2020 at the height of the COVID-19 pandemic – ETH had dropped from $289 to $109. On a more optimistic note, Moon added that ETH recovered swiftly after that steep decline. Based on historical trends, the current price level could present a potential buying opportunity for long-term investors. For those unfamiliar, the realized price for accumulation addresses – as shown in the above CryptoRank chart – represents the average price at which long-term holders acquired ETH. This metric has historically acted as a strong support zone. Is ETH About To Surprise The Market? With market sentiment approaching historical lows, confidence in ETH appears to be dwindling. The Ethereum Fear & Greed Index currently sits at 20, indicating “extreme fear” among investors. Related Reading: Is Ethereum Repeating Its 2020 Trend Reversal? Analyst Predicts ETH To ‘Explode’ In Q2 2025 Despite the bearish mood, some on-chain metrics and historical patterns suggest ETH could be on the verge of a strong bullish reversal – potentially catching investors off guard. For example, crypto analyst Mister Crypto recently drew a comparison between ETH’s current price action and that from 2020, suggesting that Ethereum could embark on a price rally by Q2 2025. Similarly, Ethereum’s Market Value to Realized Value (MVRV) Z-score hints that ETH may be undervalued at current price. The last time it was this undervalued – in October 2023 – it witnessed a sharp rally of 160%. That said, not all indicators are bullish. Rising ETH exchange reserves continue to raise concerns about potential sell pressure from holders. At press time, ETH is trading at $1,457, down 8.3% over the past 24 hours. Featured image from Unsplash, charts from X and Tradingview.com

XRP prices dipped below $2 for the first time since December 2024 on Monday, even after a number of positive developments for the cryptocurrency. The decline is surprising to many investors who had hoped recent good news would send its value higher. Market analyst Vincent Van Code attributes this underperformance to underlying economic issues and not with XRP itself. Related Reading: XRP Dump? Not So Fast—Software Engineer Says Panic Selling Makes No Sense Trump Tariffs Are Blamed For Crypto Market Decline Van Code attributes the recent decline in cryptocurrencies to the tariffs imposed by US President Donald Trump on other nations. The tariff situation is just a power play to utilize economic pressure to get better negotiating terms, said Van Code. He expects these trade tensions to be short-term and perhaps pave the way for the market to rebound in the near future. Current #XRP prices are not aligned with recent @Ripple market announcenets, SEC case conclusion news, XRP US stockpile. Do you think this is becuase XRP is not performing well? I DONT! This is a global market downturn. Impacts across multiple markets, multiple countries, and… — Vincent Van Code (@vincent_vancode) April 9, 2025 XRP Fundamentals Strong Even after falling to $1.64 on April 7, XRP has shown a rebound by increasing to $1.82—a 10% increase. Van Code pointed out that Ripple and XRP’s fundamental strengths have not changed. They’re a hundred times better than a year ago when the SEC lawsuit was at its peak, he said. The SEC-Ripple case resolution, potential inclusion in US digital asset reserves, and Ripple’s Hidden Road acquisition were all considered positive developments for the cryptocurrency. Investment Strategy During Market Uncertainty Van Code described his approach to today’s market condition, showing he buys such assets like XRP when sentiment is low but fundamentals remain in place. He looks at weekly charts for larger decisions and uses hourly charts for intraday action. The market commentator termed XRP the “Fight Club” of cryptos because of its ability to withstand market action and stress. Related Reading: Bitcoin’s Next Big Move? Open Interest Says ‘Get Ready’ Future Growth Drivers For XRP Going forward, Van Code identified three key drivers to XRP adoption: regulation, corporate usage, and solid partnerships. He warned investors to avoid being influenced by short-term price fluctuations due to outside influences such as the tariff scenario. The analyst said that he would only be jittery if XRP was the sole cryptocurrency that is dropping in value. He also stated that the current decline is part of a larger market trend and not particular to XRP. The cryptocurrency market still responds to economic policy as investors look for indications that the tariff issue is resolved. Most XRP supporters are optimistic that as soon as these external pressures are gone, the price will more accurately reflect the good news surrounding Ripple and its currency. Featured image from Unsplash, chart from TradingView

An Ethereum whale has dumped its ETH holdings after holding them for over two years, even through a bull market. This capitulation from the ETH whale suggests it might be a good time to offload the leading altcoin, with a further crash in the coming weeks a possibility.  Ethereum Whale Dumps 10,000 ETH After 900 Days In an X post, on-chain analytics platform Lookonchain revealed that an Ethereum whale finally capitulated after holding for over 900 days, selling all their 10,000 ETH for $15.71 million. This whale had originally bought 10,000 ETH for $12.95 million at an average price of $1,295 on October 4 and November 14, 2022.  Related Reading: Ethereum Pain Is Far From Over: Why A Massive Drop To $1,400 Could Rock The Underperformer The Ethereum whale didn’t sell any of their ETH holdings, even when the leading altcoin broke through $4,000 twice in 2024. However, the whale has now capitulated with the Ethereum price below $1,500, nearing their average entry price of $1,295. The investor sold the coins for a $2.75 million profit, while their unrealized profit was $27.6 million at its peak.  This Ethereum whale isn’t the only one who is capitulating. As Bitcoinist reported, ETH whales have dumped over 500,000 coins in the space of 48 hours. This development is thanks to Ethereum’s massive crash, with the leading altcoin at risk of dropping lower. This decline is part of a broader crypto market crash, which has occurred due to Donald Trump’s tariffs.  Trump’s tariffs have led to a major trade war with China, which has promised not to back down, further sparking concerns among investors. As such, the Ethereum price looks more likely to suffer a further crash in the meantime, which explains why these Ethereum whales are capitulating to cut their losses.  Donald Trump’s World Liberty Financial Also Capitulating? Donald Trump’s World Liberty Financial (WLFI), an Ethereum whale, looks to be feeling the heat and might have already started capitulating. Citing Arkham Intelligence’s data, Lookonchain revealed that a wallet possibly linked to WLFI sold 5,471 ETH for $8.01 million at the price of $1,465, representing a loss for the whale in question.  Related Reading: From Solana To Ethereum? Donald Trump’s World Liberty Spends $20 Million On ETH World Liberty Financial had previously bought 67,498 ETH for $210 million at an average price of $3,259. The crypto firm is now sitting on an unrealized loss of $125 million, seeing as the Ethereum price has declined by over 50% since their purchases.  Crypto analyst Ali Martinez predicts that the Ethereum price will crash further in the short term, indicating that Ethereum whales like WLFI could witness more unrealized loss on their ETH holdings. Martinez stated that $1,200 could be where the leading altcoin finds its footing.  At the time of writing, the Ethereum price is trading at around $1,400, down over 8% in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from Tradingview.com

Ethereum (ETH) has begun to show signs of recovery following a sharp decline earlier this week that brought its price down to $1,471. As of today, the asset is trading at around $1,570, representing a 4.8% increase over the past 24 hours. Ethereum remains under broader market pressure despite the rebound as analysts assess its short-term and long-term positioning. One of the focal points of current market analysis centers around Ethereum’s Realized Price metric. This on-chain indicator recalculates the network’s market value based on the last price each ETH coin moved, providing insight into the average acquisition cost across the blockchain. When ETH trades below this realized price, it often reflects a bearish sentiment and increased selling pressure as holders find themselves underwater. Related Reading: Here’s Where Ethereum’s Last Line Of Defense Lies, According To On-Chain Data ETH Falls Below Realized Price Level According to on-chain analyst and CryptoQuant contributor theKriptolik, Ethereum’s recent dip has taken it below its Realized Price. This development carries important market implications. The analyst noted: Each ETH is evaluated based on the price it was last transferred at. When you average out all those prices, you get the Realized Price. This gives us a much more “realistic” sense of what the average investor paid for their ETH — and it often paints a very different picture from the current market price. Realized Price frequently acts as a psychological support or resistance level. Trading above it typically indicates investor confidence and support; trading below it suggests mounting resistance. The analyst outlined three core takeaways: First, a drop below Realized Price tends to coincide with an increase in loss-driven selling as investors react to being in the red. Related Reading: Ethereum MVRV Drops To Lowest Since December 2022: Bottom Signal? Second, such events are often associated with the capitulation phase, where confidence erodes and widespread selling occurs. Lastly, historical data shows that ETH falling below this metric has often aligned with market bottoms and preceded subsequent long-term recoveries. theKriptolik wrote Past data shows that whenever ETH dips below its realized price, it’s often coincided with long-term bottom zones. These periods have consistently been followed by strong recoveries — making them strategic accumulation points for long-term investors. You can see this clearly reflected in the chart below. What This Means for Ethereum Investors While the Realized Price breach signals short-term volatility, it may also represent a potential accumulation zone. Past cycles have seen Ethereum rebound significantly after such movements. Ethereum Price Has Dropped Below Its Realized Price “Past data shows that whenever ETH dips below its realized price, it often coincides with long-term bottom zones.” – By @theKriptolik pic.twitter.com/cVRgufkqlc — CryptoQuant.com (@cryptoquant_com) April 8, 2025 Still, ongoing market conditions and sentiment will be critical in determining whether this marks a durable bottom or a temporary pause in a broader downtrend. Featured image created with DALL-E, Chart from TradingView

Crypto analyst Joao, who correctly predicted the XRP price crash, has revealed the altcoin’s next targets. Based on his latest prediction, more pain could lie ahead for XRP, which could still drop below $1.  What’s Next For The XRP Price After The Crash Below $2 In a TradingView post, Joao stated that a long-term distribution phase could be the “most chaotic scenario” for the XRP price following its crash below $2. Through his accompanying chart, the analyst illustrated a “radical distribution scheme” that could potentially extend into late 2025.  Related Reading: XRP Price Chart Flashes Inverse Head And Shoulders Pattern That Could Trigger Rally To $3.9 Joao remarked that the XRP price could first show a sign of weakness, dropping below the COVID dump levels, possibly close to $0.10. As that plays out, XRP could follow the Scheme 1 or 2 trajectory. For Scheme 1, the analyst predicts that XRP would drop to $0.1 and then bounce back to $0.4, which is the last point of supply.  On the other hand, if Scheme 2 plays out, he predicts that the XRP price could spike between $5 and $6.8, with an average peak around $5.5 to $5.7, which would likely trigger extreme euphoria. Joao warned that this is just one of the “insane” possibilities and that XRP’s price action will depend heavily on Bitcoin, market makers, supply and demand, public interest, and the macro market.  Crypto analyst John also recently warned that the XRP price retracement could deepen to mid-2024 levels, with the altcoin dropping to the Fib price level of $0.3827. The analyst highlighted a bearish engulfing that formed on XRP’s weekly chart in late March, which is why he believes that the altcoin could still drop to these lows.  Meanwhile, crypto analyst Egrag Crypto stated that based on an ascending broadening wedge, there is a 70% chance of a downside breakout and a 30% chance of a move to the upside. He claimed that the measured move for the downside breakout for the XRP price is $0.65.  $1.90 Has Become Resistance For The Altcoin In an X post, crypto analyst CasiTrades revealed that $1.90 has become a major resistance to the XRP price. She noted that the altcoin’s price fell to around $1.61 following the Black Monday crash on April 7. This low is said to have made new extremes on the RSI across the market, and it was just shy of major support.  Related Reading: XRP Flashes Descending Trendline, Why A Surge To $4 Is Still In The Cards The XRP price has since rebounded to test the $1.90 level, which CasiTrades affirmed is a major resistance at this point. She remarked that the next support is $1.55, the golden .618 retracement. The analyst added that this price action is exactly what sets up the kind of Wave 3 that breaks through all-time highs (ATHs).  In line with this, CasiTrades claimed that if the XRP price bottoms near $1.55, it would actually strengthen the bullish case for a rally to between $8 and $13 this month. She believes that XRP would easily break the resistance around its ATH on this Wave 3 and possibly send it to as high as $13.  At the time of writing, the XRP price is trading at around $1.8, up over 10% in the last 24 hours, according to data from CoinMarketCap. Featured image from Medium, chart from Tradingview.com

Major cryptocurrencies plunged to multi-month lows today as investors sold off digital assets amid broader market concerns. XRP fell to $1.65, Bitcoin dropped to $74,100, and Ethereum crashed to $1,390 in what analysts are calling a significant market correction. Related Reading: Ethereum Slips Below Triangle—Is A $1,600 Crash Next? XRP Loses 20% In Single Day According to market data, XRP experienced its worst trading day since November 2024, falling 20% from $2.11 to $1.65. This sudden drop comes as part of a wider sell-off affecting the entire cryptocurrency sector. The biggest cryptocurrency by market cap, Bitcoin, also experienced steep losses, reaching $74,000 – a five-month low. It seems even more dire for the holders of Ethereum, who have seen their investment decrease in value by 60% over the last 90 days, bringing prices to pre-early 2023 levels. Market Veterans Point To Previous Recoveries While fear spreads among newer investors, some cryptocurrency observers are calling for calm by mentioning earlier market downturns that eventually translated into record-breaking gains. REMEMBER THE COVID CRASH IN 2020… $BTC was $3,850 $ETH was $100$XRP was at $0.11… And all these projects went on to create millionaire’s over the next few years! In times of crisis, you can follow the masses or go against the heard. ???????? pic.twitter.com/RzGsOEtkkB — Good Morning Crypto (@AbsGMCrypto) April 7, 2025 Good Morning Crypto host Abdullah Nassif put followers in perspective by reminding them of the 2019 COVID-19 market crash. According to his statements, Bitcoin fell as low as $3,850 back then, with Ethereum selling as low as $100 and XRP falling to a low of $0.10. The bounce back from those lows was significant. Bitcoin subsequently hit $69,000 in 2021 and $110,000 at its latest high – gains of 1,700% and 2,750% respectively on the 2019 low. That would mean an investor who put $40,000 into Bitcoin in the 2019 crash could have had their assets increase to more than $1 million by January 2025. Optimism Despite The Sell-Off Certain market players feel the current downtrend is a short-term affair and could bring with it the kind of buying opportunities seen during past market downturns. According to some analysts, although investment during times of market stress is a courageous step, past experience suggests such investments often pay dividends. Market observers hypothesize that if XRP were to mirror its historic 30-fold increase from present levels, investors who own about 22,500 XRP tokens (currently valued at about $40,000) may be able to see their positions hit $1 million. If we do a quick math, that would mean that XRP would have to have a price of $50 per token to hit the vaunted million-dollar mark. Related Reading: XRP Will Explode—And This Korean Expert Says He’ll Be ‘Laughing’ At Critics Similar Pattern Observed With XRP XRP has followed a comparable trajectory since its March 2020 low of $0.11, despite facing legal challenges from the Securities and Exchange Commission. The token reached $1.96 in 2021 and $3.40 in the current market cycle. These figures represent approximately 30 times growth from the 2020 bottom. Anyone who invested $40,000 in XRP during that period might have seen their investment grow to over $1.23 million by early 2025, according to the analysis. Featured image from Gemini Imagen, chart from TradingView

Thinking about dumping your XRP? Hold your horses—make sure you’ve got a solid plan first. A well-known software engineer has expressed confidence in XRP despite its sharp price decline in recent market turmoil. The digital currency has fallen 16% to $1.76 amid widespread selling across cryptocurrency markets. Related Reading: Ethereum Slips Below Triangle—Is A $1,600 Crash Next? Market Drops Hit Major Cryptocurrencies Hard Bitcoin values have also plummeted, dropping more than 8% to $76,000, based on market data quoted in recent news. The selloff seems to be part of a bigger decline hitting several cryptocurrencies. Vincent Van Code, a renowned figure among software engineers, opines that the recent price declines are a result of fear and not inherent issues with XRP itself. According to his evaluation, the existing selling pressure is not based on any substantial reason beyond general market sentiment. I would never Panic sell XRP in current market. Why? Because other than market fear, there are no fundamentals to support XRP dump. In my view, XRP went from 0.54 to $3.40, largely due to pro crypto incoming adminstration. Now, nothing’s changed except stock market has tanked.… — Vincent Van Code (@vincent_vancode) April 7, 2025 XRP: Past Price Spike Attributed To Political Reasons According to Van Code, the previous sudden spike in XRP’s price from $0.54 to $3.40 was primarily spurred by pro-cryptocurrency policy optimism anticipated from the new US administration. This suggests the token’s value has been heavily influenced by political considerations rather than only technical improvements or adoption rates. The engineer points out that nothing has fundamentally changed about XRP’s prospects, even as prices fall. He attributes current market conditions to spillover effects from traditional market volatility, noting reports that the US stock market lost approximately $6.5 trillion in value within a two-day period last week due to global trade tensions. Expert Points To Larger Economic Changes Van Code connects current market instability to what he describes as a major geopolitical and economic transformation. Based on his statements, he believes the US government is engaged in actions that have destabilized multiple economies as part of what he calls a “global financial reset.” The engineer warns that such sweeping economic transformations usually necessitate the breakdown of current structures prior to the rebuilding process, implying that investors should better be prepared for further volatility. Related Reading: XRP Will Explode—And This Korean Expert Says He’ll Be ‘Laughing’ At Critics On Market Shorting Instead of looking at the decline as reason to panic, Van Code sees prevailing situations as possibly deliberate actions of influential market players. In his estimation, some investors have already made some pretty good gains by shorting the market prior to the latest price declines. He forecast that the same investors will turn their positions around in a short time and start buying again, possibly inducing what he called a “miraculous” market bounce. Van Code draws an analogy with swimming near huge whales in a stormy sea—turbulent but possibly manageable with the right tactics. The engineer urged XRP investors not to close their positions in spite of short-term price drops, saying there is still a good chance of a big price run once market conditions are stable. Featured image from Gemini Imagen, chart from TradingView

Ethereum is facing renewed downward selling pressure, with the entire crypto market entering a fresh downtrend in the past 24 hours. This renewed selling pressure has seen the Ethereum price lose a strong support level at $1,800, causing it to fall by about 14.5% from its price 24 hours ago at the time of writing.  The trading trend shows that the Ethereum price is about to break below $1,500, with one analyst even suggesting a potential break to $1,000. Yet, despite the sharp decline, technical patterns suggest the possibility of Ethereum revisiting much higher price levels upwards to $3,933, specifically to fill multiple CME futures gaps that are still open above. Ethereum Breaks Below Key Support, Larger Breakdown Ahead The loss of the $1,800 support has strengthened the bear case for Ethereum, especially amid broader weakness in the altcoin market. One of the more blunt takes comes from crypto analyst Andrew Kang, who argued that the price of Ethereum is actually overvalued. He described Ethereum’s $215 billion market cap as “ridiculous” for what he calls a “negative growth/profitability asset.”  Related Reading: Analyst Reveals Bullishness On Ethereum Price At This Point, Can It Hit $4,000 Again? According to Kang, the momentum of speculative winds that used to ignite Ethereum’s price surge has run dry, and a revisit of the $1,000 to $1,500 zone is not only likely but overdue. What adds weight to Kang’s warning is how quickly the market appears to have validated his concerns.  Since his statement, Ethereum’s market cap has dropped significantly, sliding to $186.5 billion at the time of writing. Although the decline is due to other market factors, the pace and depth of this decline suggest that investor confidence in Ethereum may be lower than expected, with no immediate signs of reversal in sight. If bearish pressure continues, Ethereum could soon find itself trading at the lower end of Kang’s projected range at $1,000. CME Gaps Above $2,500 Offer A Technical Outlook For Rebound Even as price action trends lower, Ethereum’s CME futures chart tells a different story. Titan of Crypto pointed out that three distinct CME gaps are unfilled above the current market level. These include a gap between $2,550 and $2,625, another between $2,890 and $3,050, and a partially filled third gap between $3,917 and $3,933.  Related Reading: Ethereum Price Hits 300-Week MA For The Second Time Ever, Here’s What Happened In 2022 The CME gap theory is rooted in the observation that asset prices often return to fill these voids, even if the move takes weeks or months. In the case of Ethereum, the odds of a return to the CME gaps are very low in the short term. However, considering Q2 2025 is only just starting, there is still enough time to witness the buying pressure needed to fill these levels before the end of the year. At the time of writing, Ethereum is trading at $1,540, down by 14.5% in the past 24 hours. Featured image from Unsplash, chart from Tradingview.com

A Korean financial analyst who uses the name XForceGlobal has made bold claims about XRP’s future price, stating the cryptocurrency could reach between $10 and $20 in the coming months. The confident prediction comes even as XRP currently trades at $2.07 and the broader cryptocurrency market struggles through a prolonged downtrend. Related Reading: Ethereum Slips Below Triangle—Is A $1,600 Crash Next? XRP Shows Unusual Strength Amid Crypto Slump While XRP has dropped more than 5% over the past few weeks, this decline is significantly less severe than what other major cryptocurrencies have experienced. According to the report, top cryptocurrencies like Ethereum have fallen by over 40% in the last three months. Similar sharp drops have hit other popular coins such as Solana and Dogecoin. XForceGlobal, who describes himself as a Certified Elliott Wave Analyst, pointed out that XRP has maintained its position above recent lows while competing cryptocurrencies have plummeted between 45% and 65% from their peaks. This relative stability forms the foundation of his optimistic outlook. I agree 100%, this is just showing that the possibility being there is just telling us how XRP is in its own league even for just wave counts! — XForceGlobal (@XForceGlobal) April 2, 2025 Elliott Wave Analysis Points To Massive Gains The analyst’s forecast is based greatly on Elliott Wave theory, a technical analysis technique which tries to predict market action by finding repeating wave patterns. On the basis of his recognition of a 5-wave pattern, XForceGlobal has consistently predicted that XRP will hit $20 to $40 this year or next. Trillion-Dollar Valuation Projections Questioned By Critics Many market observers remain skeptical of such ambitious price targets. For XRP to reach $10, it would need to surge over 370% from its current price. A move to $20 would require an even more dramatic 850% increase. At such prices, XRP’s market capitalization would be around $1 trillion at the $10 level and $2 trillion at $20. Such valuations would be a first for an alternative currency and are the reasons why many analysts believe such forecasts are unrealistic, at least in the short term. Source: CoinGlass CoinGlass: Trading Interest Grows Despite Market Uncertainty In spite of the continued argument regarding the future of XRP, statistics by CoinGlass indicate increasing interest in the cryptocurrency. Open interest on XRP trades has risen to $3.60 billion over the past few days, reports indicate. This increase indicates that traders are opening positions in the asset irrespective of the direction of the market. I will be laughing at everyone who said $XRP can never hit $10-20. — XForceGlobal (@XForceGlobal) April 2, 2025 When asked for the timeline of his price forecast, XForceGlobal was not as definite, indicating that it may take a while before XRP gets to the forecasted $10-20 mark. Related Reading: XRP Breakout Alert! Could This Surge Send The Altcoin To $3? Nevertheless, the analyst was confident enough with his technical analysis to assert he would “be laughing at everyone” who are skeptical about XRP’s ability to hit these price levels. With XRP’s year-to-date gains dwindling to mere 0.80%, wiping out all gains since the beginning of 2025, the question is if XForceGlobal’s lofty predictions will materialize or become part of the long list of failed cryptocurrency price projections. Featured image from Gemini Imagen, chart from TradingView

Ethereum and Bitcoin went through very different trajectories in the first quarter of 2025, and the divergence could not be more obvious. According to data from on-chain analytics firm IntoTheBlock, Ethereum underperformed significantly, dropping nearly 50% in value over the past three months. Related Reading: Bitcoin’s Safe, Saylor Says, While Trump Waves The Tariff Sword Bitcoin, though also correcting, saw a smaller decline below 15%. This reflects a broader trend in the crypto market where inflows and interest went toward Bitcoin and a few altcoins, leaving Ethereum struggling to regain momentum. Ethereum’s Underperformance Vs. Bitcoin In Q1 Bitcoin began Q1 on a notably bullish trajectory due to increasing institutional interest and strong inflows into Spot Bitcoin ETFs, a combination which pushed the price to a new all-time high of $108,786 on January 20. This price marked the peak of a steady upward movement that has placed Bitcoin firmly in the spotlight since October 2023.  However, a pronounced downtrend followed this peak, particularly in March, when the Bitcoin price dipped below $80,000 for the first time since November 2024. An already struggling Ethereum price fared much worse and broke below a strong support of $1,900. Bitcoin has shown resilience since this break, bouncing back above $83,000 and even recently touching $87,000. On the other hand, Ethereum continues to trade below $1,900 and is now at risk of losing $1,800 and breaking below. According to data from Cryptorank, Ethereum closed Q1 2025 with a 45.3% decrease from its quarterly open. This marks the second-worst Q1 performance for Ethereum, behind a 47.5% decline in Q1 2018. Bitcoin, on the other hand, ended Q1 2025 with an 11.7% decrease from its opening price. Image From X: IntoTheBlock Ethereum Price Direction: $1,800 On Crosshairs With Cautious Bullishness Ethereum’s decline has been amplified by a visible drop in trading interest and inflows even in Spot Ethereum ETFs. Most of the attention has been on Bitcoin, with Solana, Dogecoin, and XRP taking the most significant share of interest in the altcoin market.  Nonetheless, many crypto analysts are still bullish on Ethereum and are on the outlook of a bounce as it is now nearing a bottom around $1,800. According to a crypto analyst (@CryptoELlTES ) on social media platform X, Ethereum at $1,800 is the bottom. This outlook is based on this level, which acted as resistance in the 2022 bear market and is expected to flip to become support. Another analyst (Crypto Fella) noted that a reversal at this point “would be very good for alts,” suggesting a possible broader market recovery for altcoins if Ethereum finds solid footing here. Image From X: @CryptoELlTES Related Reading: Solana Slammed By Whale Dump—Can It Recover Or Is More Pain Ahead? At the time of writing, Ethereum is trading at $1,803, down by $0.18% and 1.9% in the past 24 hours and seven days, respectively. Featured image from Pexels, chart from TradingView

Ethereum’s price may sink to $1,600 soon, according to recent market predictions. The second-largest cryptocurrency by market cap has been struggling below the $2,000 mark for weeks. Technical patterns and on-chain data both point to further declines ahead, based on multiple analyst reports. Related Reading: XRP Breakout Alert! Could This Surge Send The Altcoin To $3? Triangle Pattern Break Signals Trouble Ahead Bit Bull, a cryptocurrency expert, noted recently on X that Ethereum extricated itself from a symmetrical triangle after it retreated below $1,820. A breakdown of this nature usually translates into a bearish sentiment in the markets, which often means continuing downward price action. $ETH Update: SHORT Price: 1813 (Enter on entry price) ETH (1H Time Frame): Ethereum has broken down from a symmetrical triangle, which is generally a neutral pattern. However, after the breakdown and a retest, ETH is now looking bearish. Technically, there’s a strong… pic.twitter.com/NKpP8HiGgA — Bit Bull (@bitbull112) April 5, 2025 According to market observers, the drop below this key pattern has opened up the asset for potential new short positions. The low trading volume following the breakdown and its retest is raising concerns about a potentially strong correction coming up soon. ETH Dominance Chart Shows Concerning Pattern Beyond the immediate price action, ETH’s market dominance is also showing warning signs. According to Bit Bull’s analysis, the ETH dominance chart has formed a descending triangle pattern, which typically signals bearish momentum. “A retest toward the upper trendline is likely, but after that, we could see another move down,” Bit Bull added in his market commentary. This weakening dominance implies that investors might be losing faith in Ethereum over other cryptocurrencies, adding further selling pressure in the weeks ahead. On-Chain Data Validates Negative Trend The bearish argument isn’t only in chart structures. On-chain statistics also reveal a negative outlook for Ethereum’s near-term prospects. Active Ethereum addresses have declined drastically in the last few months, aligning with the price fall. Other red flags are the significant drop in Ethereum fees burned and a reduction in fees burned per transaction. Most troubling to long-term holders is probably the rise in ETH supply following the Merge event, which was initially anticipated to introduce deflationary pressure. Related Reading: Bitcoin’s Safe, Saylor Says, While Trump Waves The Tariff Sword Some Analysts Still See Long-Term Upside Even with the pessimistic short-term forecast, not all analysts have given up on Ethereum’s performance this year. Standard Chartered has insisted that Ethereum will hit $4,000 by the end of the year, although that is a 60% drop from their previous more optimistic $10,000 target. As of the latest available data, Ethereum is priced at about $1,803, with a less than 1% variation in the last day. The weekly charts indicate a similar slight drop of about 1%, indicating the cryptocurrency might be building a consolidation base despite the bearish signals. Featured image from Gemini Imagen, chart from TradingView

Despite the recent crypto crash that sent most digital assets tumbling, Ethereum (ETH), Solana (SOL) and Cardano (ADA) have managed to hold their ground. According to latest reports, these three cryptocurrencies are now leading the charts as the most trending coins in the market after the crash.  Related Reading: XRP Breakout Alert! Could This Surge Send The Altcoin To $3? Santiment Unveils Top Trending Cryptos The crypto market took a significant hit after fears of new tariffs implemented by United States President Donald Trump rattled investors and sent digital assets plunging across the board. However, while US stock markets closed, signs of recovery began to emerge across specific cryptocurrencies, with Ethereum, Solana, and Cardano leading the post-crash chatter.  According to an X (formerly Twitter) post by Santiment, a market intelligence platform, Solana is now back in the headlines as market analysts closely watch its price action following its crash.  The popular meme coin is seeing an increased level of speculative predictions, market trends, and technical chart breakdowns. As a result, SOL is recapturing the attention of retail and institutional investors. There’s also been notable activity within the Solana network as anticipation for a price rebound or breakout keeps spreading.    Ethereum is also trending in the crypto market, not just for its prolonged price slump and reaction to the crypto crash, but its ongoing transition to Ethereum 2.0 — a key upgrade focused on scalability and energy efficiency.  Santiment notes that analysts are highlighting Ethereum’s network performance during the market stress, showcasing an increase in discussions about the cryptocurrency’s market analysis. There have also been increased price predictions, technical evaluations, and talks about the cryptocurrency’s scalability and adoption.  Just like Solana and Ethereum, Cardano is seeing renewed attention as traders assess the cryptocurrency’s position in the broader market. There has been an influx of mentions surrounding Cardano’s market trends, with users speculating on its future price action and potential investments. Forecasts for the ADA price also range widely, with social media buzz and speculative posts fueling the cryptocurrency’s presence on trending charts. While not as widely discussed as ETH, SOL, and ADA, Binance Coin (BNB) has also been showing up in technical forecasts. Santiment reveals that analysts are tracking BNB’s trading ranges and potential price movements, making it a focal point for investors and traders. Related Reading: Solana Slammed By Whale Dump—Can It Recover Or Is More Pain Ahead? Stablecoins Join List Of Trending Assets In addition to the altcoins above, Santiment has disclosed that stablecoins have also joined the list of top trending assets. While Ethereum, Solana, and Cardano experienced major declines after the crypto crash, stablecoins, as their names imply, remained stable against the dollar.  Ripple’s newly launched stablecoin RLUSD is trending due to its association with the crypto payments company, which gained significant attention following the completion of its legal battle with the US Securities and Exchange Commission. The stablecoin has been integrated into Ripple’s payment system, improving cross-border transactions and attracting institutional interest.  There has also been a significant increase in adoption and trading volume, with crypto exchange Kraken reporting an 87% surge in the latter and a $10 billion growth in the former.  Featured image from Gemini Imagen, chart from TradingView

Crypto analyst Doctor Profit, who called the Ethereum price dump, is now providing a bullish outlook for ETH. Based on his analysis, now might be a great time to buy Ethereum, which has so far underperformed other top cryptocurrencies.  Analyst Says ETH Is Now Undervalued Following Ethereum Price Dump In an X post, Doctor Profit stated that ETH is undervalued now following the Ethereum price dump. He noted that the leading altcoin is sitting at a historical support at $1,800, the same support he had predicted that ETH would dump to. With this massive correction and fear in the market driving Ethereum to this support level, the analyst claimed that the altcoin is undervalued now.  Related Reading: Ethereum Price Forms Megaphone Bottom Not Seen Since 2020, Here’s What Happened Last Time His analysis suggests that now might be a great time to accumulate ETH as the Ethereum price could rebound from this historical support. Indeed, some investors are already using this massive correction as an opportunity to stack up more coins. IntoTheBlock data shows that Ethereum’s ‘Concentration’ metric is currently bullish, indicating that ETH whales are adding to their positions.   Besides Doctor Profit, crypto analyst Astronomer also believes that ETH is currently undervalued and predicts that the Ethereum price could revisit $4,000. He highlighted several technical signals that indicate that the leading altcoin could reach these highs. The analyst also alluded to the $1,800 support, noting that this range has historically been a launch pad for price recoveries.  However, crypto analyst Kledji has predicted that the Ethereum price could still drop to as low as $1,400 before rebounding. He stated that ETH will likely consolidate around this range for a while before it rallies to this $1,400 target later this month. His analysis suggested that the altcoin’s downtrend depended on Bitcoin’s performance. Therefore, if BTC recovers from this range, ETH will unlikely drop to that $1,400 level.  ETH’s Dominance Is On The Decline, But History Could Repeat Itself In an X post, crypto analyst Rekt Capital revealed that ETH’s dominance has dropped from 20% to 8% since June 2023 as a result of the Ethereum price dump. He then noted that Ethereum’s dominance has historically reversed this 8% zone to become more market-dominant. The analyst then raised the possibility of history repeating itself, with ETH recovering well and enjoying a higher market dominance.  Crypto analyst Crypto Patel is also confident that the Ethereum price will rebound soon. His accompanying chart showed that ETH could bounce from this $1,800 support and enter phase 3 of the Wyckoff chart, sending its price to as high as $6,800, a new all-time high (ATH).  Related Reading: Ethereum Price: Analyst Predicts ‘Most Hated Rally In Crypto’ At the time of writing, the Ethereum price is trading at around $1,800, up over 1% in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from Tradingview.com

A crypto analyst has shared insights into the recent strength in the XRP price, suggesting that South Korea may be the reason behind it. The analyst noted that the altcoin has been seeing high trading volume on South Korean exchanges, and this localized demand may be holding up its price while other altcoins struggle to gain traction.  How South Korea Is Bolstering The Price According to XForceGlobal South Korea is currently one of the major drivers of the XRP price action. In a recent post on X (formerly Twitter), the analyst disclosed that the engagement and adoption from the crypto users in South Korea was a major contributor to XRP’s bullish performance. Related Reading: Analyst Unveils Extended XRP Price Target To $44, Reveals When To Take Profits Currently, South Korea is one of the most active crypto markets in the world, leading in global trading volume across multiple assets. However, among the numerous cryptocurrencies in the market, XRP stands out the most within the country. The analyst has revealed that even during low trading days, XRP frequently outpaces Bitcoin, underscoring its high demand and adoption in South Korea.  XForceGlobal has suggested that South Korea’s notable interest in XRP likely stems from its status as one of the most isolated countries in terms of crypto regulations. The analyst revealed that millions of citizens currently own the altcoin, making up about 20% of the cryptocurrency’s market cap valuation.  Moreover, due to a lack of large-scale cross-border payment solutions, most South Koreans opt to use cryptocurrencies like XRP to facilitate transactions. This, in turn, fuels adoption and strengthens the cryptocurrency’s utility, which positively influences its price action.  Compared to South Korea, the regulatory uncertainties and legal challenges in the United States (US) have slowed down XRP’s growth. XForceGlobal has stated that the active participation of retail institutions, strong community support, and early adoption in South Korea have helped prop up prices despite the difficulties it faced over the past years. What The Future Holds For XRP In South Korea While discussing the impact of South Korea’s support for XRP on its price action, XForceGlobal offered insights into the cryptocurrency’s future in the country. The analyst revealed that the market is at a pivotal moment where XRP has evolved from a speculative asset to a symbol of Korea’s dominance in the crypto market.  Related Reading: XRP Flashes Descending Trendline, Why A Surge To $4 Is Still In The Cards Currently, Upbit, the largest crypto exchange in South Korea, holds the most significant market share of XRP in terms of total supply. The exchange reportedly has about 6 billion XRP, accounting for roughly 5% of the entire supply.  XForceGlobal has revealed that the continued demand from retail investors combined with Upbit’s massive XRP reserve will make South Korea a key driver to the cryptocurrency’s global future price action.  Moving forward, the analyst has discussed XRP’s price movements on the Korean won chart, suggesting that its current action may be foreshadowing upcoming events. He pointed out that the altcoin has already formed a lower low on the chart, possibly hinting at a more controlled pullback rather than an impulsive decline — an outlook he described as “arguably bearish”. The crypto analyst also noted that XRP may be forming a potential bottom on the Korean won chart, indicating a possible impulse to the upside and a bullish continuation. Featured image from Adobe Stock, chart from Tradingview.com

Solana’s price has fallen to $116, marking a 12% decrease over the past week amid growing concerns about large investors selling their holdings. According to reports, several major cryptocurrency holders, known as “whales,” unstaked and moved approximately $46 million worth of SOL tokens to exchanges, fueling the downward trend. Related Reading: XRP Breakout Alert! Could This Surge Send The Altcoin To $3? Four Major Wallets Lead Selling Wave According to cryptocurrency monitor Lookonchain, four wallet addresses accounted for the massive exchange of funds. The largest seller, ‘HUJBzd,’ transferred $30 million worth of SOL to exchanges. Three other wallets also did the same, with ‘BnwZvG’ selling $9.47 million, ‘8rWuQ5’ transferring $3.53 million, and ‘2UhUo1’ transferring $3 million worth of tokens. These mass transfers usually presage bearish sentiment in the market since they add selling pressure to exchanges. The recent price movement bears this trend out, with SOL falling by more than 3% within the past 24 hours alone. Many whales unstaked and dumped $SOL today! HUJBzd dumped 258,646 $SOL($30.3M). BnwZvG dumped 80,000 $SOL($9.47M). 8rWuQ5 dumped 30,000 $SOL($3.53M). 2UhUo1 dumped 25,501 $SOL($3M). Address:https://t.co/mCaB45W6pVhttps://t.co/wjhEwyZgFHhttps://t.co/Waqe4cxvbP… pic.twitter.com/kc1Q5GEKIX — Lookonchain (@lookonchain) April 4, 2025 Market Uncertainty Tied To Tariff Announcements The wider cryptocurrency market has been buffeted by economic policy shifts. Reports indicate that Bitcoin price fluctuations have been influenced by the announcement by US President Donald Trump of reciprocal tariffs. This uncertainty in the economy has spread to the altcoin market, with Solana being one of the cryptocurrencies under pressure. Based on recent data, the price of Bitcoin might still move according to stock market trends in reaction to these fresh tariffs. Analysts have cautioned that the entire cryptocurrency market might witness short-term volatility as Bitcoin emulates stock market trends. Some Analysts Remain Optimistic Despite Declines Though the present figures indicate a declining trend, not everyone in the market is pessimistic. Cryptocurrency expert Brandon Hong recently expressed an opposing view on social media platform X and wrote: “SOL is about to have its biggest breakout ever.” Hong’s forecast is focused on Solana possibly breaking out of its 400-day trading range. The analyst encouraged investors to “Buy now or regret later,” providing a rare optimistic view amidst the overall market uncertainty. Related Reading: XRP’s Rise To Rarity: Only 1% May Afford It, Expert Says Traders Keep An Eye On SOL This divergence in market opinion reflects the volatile nature of cryptocurrency investments in times of economic transition. Traders remain closely monitoring Solana as it navigates these tough market conditions. The 30-day performance for Solana investors is even worse, with figures indicating an 15% drop in the past month. This longer decline fits with wider market trends among the cryptocurrencies that have also been depreciating over the recent era of economic instability. While markets adapt to possible policy shifts and big holders keep shifting their assets, SOL price actions are still a major reflection of investor sentiment within the cryptocurrency market. Whether the token follows the bearish direction implied by whale action or breaks out as some analysts anticipate is to be seen within the next few weeks. Featured image from Gemini Imagen, chart from TradingView

XRP is probing critical support levels as the cryptocurrency market struggles with chronic volatility. The digital asset currently trades at $1.98, a daily trading volume of $10.50 billion and market value of $115 billion. Over the last 24 hours, XRP has declined by 7.7%, which mirrors larger market trends. Related Reading: XRP’s Rise To Rarity: Only 1% May Afford It, Expert Says Bitcoin’s Roller Coaster Affects Altcoin Market Bitcoin’s recent price move to $81,700 and subsequent sharp pullback has sent ripple effects throughout other cryptocurrencies. The move has sent investors into fear, with pressure on XRP and other alternative digital currencies. Traders are now observing key price levels to see if support will break or hold. Macroeconomic Factors Add To Market Tension Political events are creating a second level of unpredictability in the prices of cryptocurrency. In its report, agreed-on retaliatory tariffs by US President Donald Trump– with the aim to increase government revenues and establish what he calls “fairer international commerce” — have spurred fears of an impending trade war. These are some of the reasons behind today’s crypto market volatility. #XRP – April Candle Formation Forecast April is shaping up to be a dynamic month where we’ll see tests at both ends of the range. Here’s what to expect: 1⃣ Lows Testing: #XRP will likely revisit the lows around $1.90-$1.79—this will be a wicking process. 2⃣ Highs Testing:… pic.twitter.com/6RqfsLX5OS — EGRAG CRYPTO (@egragcrypto) April 2, 2025 Analyst Foresees Possible Test Of Lower Support In spite of the present downward pressure, one market observer envisions potential upside in the future. Crypto analyst Egrag Crypto predicts XRP will enter a testing period, possibly falling to the $1.90 to $1.79 levels before trying to move upward toward $2.80 to $3.00. According to this analysis, if prices hit the anticipated bottom, a rally of as much as 70% might ensue. Lull Period Pre-Surge The price history of the cryptocurrency depicts cycles of protracted periods of quietness preceded by explosive bursts. With recent market conditions contributing to a perfect storm of inputs, investors are closely watching price charts for subtle early indications of XRP’s next big move. RP has tended to catch investors off guard with unanticipated action, and April could be a decisive month for the coin. Traders are bracing for a few different scenarios: more consolidation, a breakout, or a sudden market change. Related Reading: XRP To $27 In 60 Days? Analyst Sees Deja Vu In Price Action April May Mark End Of Consolidation Meanwhile, several market watchers define XRP’s present trend as a period of consolidation that usually precedes considerable price action. According to analysts, this phase could end soon, potentially propelling XRP into more robust positive momentum. A final test around the $2 level may be used as a springboard for what some expect to be a major breakthrough. While near-term uncertainty exists, the long-term picture is cautiously optimistic from the perspective of market observers. Technical signals alongside economic fundamentals indicate a phase of heightened price activity in the next few weeks. Featured image from Gemini Imagen, chart from TradingView

Although sentiment toward Ethereum (ETH) remains largely pessimistic, crypto analyst Mister Crypto predicts that the second-largest cryptocurrency by market cap could be on the verge of a parabolic rally, mirroring its historical price action from 2020. Ethereum About To Witness A Change Of Fortune? Following US President Donald Trump’s highly anticipated reciprocal tariff announcement, the crypto market took a sharp plunge, wiping out over $140 billion in the past 24 hours. During this period, ETH tumbled by 5% and is at risk of setting fresh cycle lows in the $1,700 range. Related Reading: Is Ethereum Breaking Free from the Bear Trap? Analysts Weigh In Despite the negative sentiment, crypto analyst Mister Crypto suggests that ETH may soon experience a sharp momentum shift. In an X post shared earlier today, the analyst noted that while retail investors may have abandoned ETH, large investors – commonly referred to as whales – have not. Mister Crypto shared the following chart, highlighting striking similarities between ETH’s current price action and its 2020 trajectory. He added that if history repeats itself, ETH could see strong bullish momentum in Q2 2025. Fellow crypto analyst CryptoGoos echoed Mister Crypto’s perspective, arguing that ETH is “extremely undervalued” at its current price levels. The analyst also shared a chart illustrating how ETH whales are accumulating the asset at a record pace. The data reveals that wallets holding between 10,000 and 100,000 ETH have been accumulating at an accelerated rate since early 2025. This trend persists despite ETH’s decline from approximately $3,350 on January 1 to around $1,700 at the time of writing. Another cryptocurrency analyst, Crypto Caesar, noted that ETH is likely approaching a bottom, as it is currently trading near the same price level it held four years ago. However, he cautioned that if ETH breaks below its current support, it could decline further to the $1,200 range. ETH May Have More Pain Ahead While whale accumulation suggests long-term optimism for ETH, some analysts warn that further downside may be imminent before a potential recovery. In a recent analysis, crypto market expert Cryptododo7 predicts that ETH may eye bearish targets around $1,130 to $1,200. Related Reading: Ethereum Flashing Bullish Signals, But Rising Exchange Reserves Raise Concerns – Details Similarly, analyst CryptoBullet highlighted that ETH has now touched the 300-week moving average for only the second time in its history – an event that has historically signalled a bearish trend. Despite these cautionary outlooks, market commentator Titan of Crypto recently stated that ETH is still on track to reach new all-time highs later this year. At press time, ETH trades at $1,777, down 5% in the past 24 hours. Featured image from Unsplash, charts from X and Tradingview.com