💥 Here is How Much XRP You Need to Make $1M if XRP Hits $150, $258, $305 and $403

Individuals looking to make $1 million from XRP via ambitious price points in the triple-digit range require a modest initial investment.

XRP has recently renewed optimism among community members and steadfast holders that their millionaire dreams are still on course. Last week, XRP recaptured a three-month high of $0.6366, even momentarily emerging as the best performer among prominent crypto assets.

Notably, XRP regained $0.6366 in under two weeks after revisiting a 16-month low of $0.385, marking a growth of over 65%. This impressive growth has convinced XRP bulls that they are not missing the 2024/2025 bull season.

With widespread projections suggesting XRP’s likelihood for more than double-digit values, this article explores the number of tokens an investor must hold to attain a millionaire should XRP attain audacious prices of $150, $258, $305, and $403.

🔸 XRP Needed to Make $1M if XRP Hits $150, $258, $305 and $403

To make $1 million via XRP in the hypothetical scenario where its market value attains $150, one must have 6,667 tokens in his portfolio. With XRP trading at $0.5899 at press time, following a brief retracement, acquiring the portfolio costs $3,932.66.

Put differently, an investor stands to see their investments explode by over 253-fold should XRP attain $150.

Meanwhile, investors targeting to make $1 million from XRP at a price point of $258 require a significantly lower initial investment. Specifically, one needs to hold only 3,875 XRP, which costs $2,286 today, to generate a million at the $258 price.

Similarly, a crypto investor must purchase 3,279 XRP valued at $1,934 today to make $1 million when XRP attains $305. The $403 XRP price point demands the least initial capital commitment.

To make a million dollars at $403, one must purchase and hold only 2,481 XRP, which costs $1,463 today. Meanwhile, this investment would expand by 68,216% should the ambitious $403 price materialize.

$XRP #XRP #Ripple

🤔 Will Tron Hold at $0.1597, or Will a Rising Wedge Trigger a Drop to $0.1463?

As the chances of a rising wedge breakdown increase, Tron is approaching a crucial crossroads at $0.1597. Will buyers manage a bullish turnaround, or is a further decline imminent?

With the crypto market chaos resulting in massive ups and downs in altcoins, Tron is currently moving downwards. Failing to cross the $0.1686 barrier, the TRX price fall warns of a crash under $0.160.

Additionally, the high-risk breakdown of a rising wedge pattern on the daily chart could lead to a nearly 10% decline in Tron. The key question is: will the bulls step in and reverse the trend at the $0.1597 support level?

On the 4-hour chart, Tron’s price action shows a failed attempt to break above the $0.1686 resistance. This failure has resulted in an evening star pattern and six consecutive bearish candles.

The bearish price movement has caused a 4.29% drop from the $0.1693 level to the current market price of $0.1620. The downward trend is approaching a short-term support trendline near the 23.60% Fibonacci retracement level at $0.1597.

On a larger scale, the prevailing uptrend in TRX’s price action reveals a rising wedge pattern. Within this wedge, the recent reversal has formed a double top and established a neckline at the $0.1463 level.

The increasing bearish pressure has caused a negative crossover between the MACD and its signal line on the 4-hour chart. Additionally, the MACD histograms are showing a surge of negative momentum, and the RSI has fallen below the 50% mark. These technical indicators suggest a growing influx of selling pressure.

🔸 Will Tron Sustain Above $0.1597?

Using the trend-based Fibonacci retracement, a potential reversal from the 23.60% level ($0.1597) must surpass the 38.20% Fibonacci level of $0.1686 for an uptrend continuation. While the upside chances are low, the broader market recovery could propel the Tron prices higher.

#Tron #TRX

🤔 Bitcoin History Repeats Itself

During the US presidential elections in 2012, 2016, and 2020, Bitcoin always recorded growth between 478% and 11,000%.

🔼 In fact, the elections coincide with the 4-year halving cycles, which has a positive effect on it.

#BTC #Bitcoin

⭐️ Is Cardano Poised for a Double-Bottom Reversal to $0.41?

After a brief 3-day bear run, Cardano (ADA) is eyeing a potential double-bottom reversal, which could see the price bounce back to $0.41.

Amid a refreshing recovery run in the crypto market after multiple correction days, Cardano also marks a reversal. The intraday recovery increases the chances of reversal for Cardano with a double-bottom reversal.

Will this bullish trend in Cardano bounce back from the crucial support zone near $0.324? Let’s find out.

🔸 Cardano’s Double Bottom Reversal

In the 4-hour chart, the Cardano price action shows a sideways trend. Furthermore, the bearish influence over the consolidation range is gradually increasing, warning of a bearish breakdown.

Recently, Cardano broke below the $0.331 support zone for the second time in the past 10 days. This bearish outcome follows a double-top reversal at the $0.36 resistance level, which aligns with the 50% Fibonacci retracement.

The downturn led to three consecutive days of bearish closes, resulting in an 8.94% drop from $0.358 to $0.326. As of now, Cardano has shown a modest intraday recovery of 1.23%, taking support near the $0.324 zone.

This recovery has completed a morning star pattern, and the price is testing the previously broken $0.331 support level. More importantly, this setup hints at a potential double-bottom reversal, with $0.324 acting as the baseline.

Additionally, the MACD and signal lines are close to crossing bullish, supporting the upside potential. The RSI has also started to recover from the oversold zone and is crossing above its 14-day simple moving average (SMA), signaling increasing bullish momentum.

🔸 Will Cardano Price Surge to $0.40?

As the likelihood of a positive cycle within the current consolidation range grows, the price action traders should watch for is a breakout above $0.332. A move above this level could trigger further gains.

#ADA #Cardano

🚀 Chainlink Powers Pilot with SBI and UBS for Tokenized Fund Operations Across Chains

Chainlink (LINK) has announced that SBI Digital Markets & UBS Asset Management have successfully completed a pilot program using Chainlink’s industry-standard Cross-Chain Interoperability Protocol (CCIP). According to an attached release, the CCIP was used to create a digital transfer agent smart contract to facilitate cross-chain communication with the tokenized fund contract.

Using the Chainlink platform and the feasibility of smart contracts, the pilot demonstrated the feasibility of streamlining fund operations across different blockchains and financial systems to force a shift in operational efficiency and transparency for the mutual fund industry worth around $63 trillion.

We’re excited to announce that SBI Digital Markets & UBS Asset Management successfully completed a pilot using Chainlink CCIP to streamline tokenized fund operations across different chains & financial systems — Chainlink

🔸 More About the Pilot Program

According to our research, the Project Guardian pilots led by the Monetary Authority of Singapore and participated by the SBI Digital Markets (SBIDM) are focused on driving commercial adoption. Meanwhile, SBIDM is also creating an end-to-end primary and secondary market distribution of tokenized securities. This is done through the connection of regulated digital asset exchanges across different regions in addition to collaboration with leaders in blockchain technology.

According to the Chief Executive Officer of SBI Digital Markets, Winston Quek, the team has adopted an “open and interoperable architecture in both operational structuring and tech engineering” to enable institutional investors to join the quest to unlock efficiencies via blockchain technology.

#LINK #Chainlink

📊 Shiba Inu (#SHIB ) Jumps 40% in Volume as Bulls Eye Golden Cross Breakout

The popular meme-inspired cryptocurrency Shiba Inu (SHIB) saw more than 40% growth in trading volume today, according to data from CoinMarketCap. Currently, Shiba Inu tokens have a combined turnover of nearly $400 million on the spot markets.

This development comes as the price of SHIB is up over 6.1% in today's trading session. The Shiba Inu token is now trading at a valuation of $0.0000179 per SHIB. The popular meme cryptocurrency has not been this high since late October, and in fact has been under selling pressure for the past five days.

However, today's candle has absorbed all of this downward movement and has now hit a dynamic resistance level, represented by the 23-day moving average.

At the same time, a golden cross continues to form on the price chart of Shiba Inu as the 50-day moving average continues to rise and the 200-day moving average continues to fall. When both curves cross, a golden cross can be formed.

🔸 What's next for Shiba Inu (SHIB) ?

According to the laws of technical analysis, this pattern is considered a bullish signal, and the history of SHIB's price has repeatedly shown growth on the background of its occurrence. The last time such a phenomenon occurred was in December 2023, and then the price of Shiba Inu token at the peak grew by 454%, having taken a trip from $0.0000083 to $0.00004567.

Until a few days ago, amid a series of red bars, there were doubts whether the long-awaited golden cross would happen or whether plans for it had come to an end. Today, however, the bullish behavior of SHIB seems to re-raise the question of what awaits the price of the meme coin.

📈 BTC Dynamics After Elections

As statistics show, Bitcoin grows in any case in an election year, and it doesn’t care who wins.

🔺 2016, September-January: +60%
🔺 2020, September-January: +183%

The pace of growth may depend on the elections, but the global goals remain unchanged 🔼

#BTC #Bitcoin

🐋 Solana Smart Whale Sells $44M SOL For Profit, What's Next?

A Solana smart whale sold massive amounts of coins as the trader made remarkable profits on his holdings. However, the market remains optimistic on SOL despite the selloff.

A Solana smart whale has once again sparked a buzz across the broader crypto space on Monday, selling nearly $44 million worth of SOL and making colossal profits. Recent on-chain data suggests that a smart whale bagged nearly 0.5 million coins previously, selling some of it now to make massive profits.

This massive selloff and profit-making saga has garnered significant attention among market watchers, as the whale still holds considerable amounts of the same crypto, indicating that further gains in SOL price may be witnessed.

🔸 Solana Smart Whale Sells $44M SOL For Profit Sparking Investor Optimism

As per on-chain data revealed by Lookonchain dated November 4, a smart whale sold 265,070 SOL, worth $43.96 million, to one of the leading crypto exchanges Binance making profits. Notably, the whale bagged 500,862 SOL, worth $11.81 million at the time of accumulation, between August 7 and October 23, 2023. This purchase now evaluates to roughly $81.14 million, marking a phenomenal gain for the trader.

Apart from the selloff, this Solana smart whale address holds $24.72 million worth of JitoSOL and 126,631 SOL worth $20.58 million, per Lookonchain data. Overall, the existing holdings, boasting a profit of $87 million on SOL, sparked noteworthy market optimism for the crypto across the broader market.

🔸 SOL Price To Gain Further?

SOL price encountered quite the turbulence over the past day, down marginally by 0.5% to $162 at the time of reporting. Its intraday low and peak were registered to be $158.14 and $164.71, respectively. Although the coin showcases volatility amid recent market trends, the monthly chart for the same underscores 12% gains. This broader bullish trajectory hints that the coin still has the potential to pump.

#SOL #Solana

🐸 Pepe Coin Price Prediction: Analysts Forecasts 1,400% Surge as Historical Patterns Resurface

Analysts predict a 1400% surge for Pepe coin price as historical patterns and wave analysis signal a major rally.

During the Monday Asian market session, the cryptocurrency market showcased a neutral stance after a notable correction last week. As the pioneer cryptocurrency, Bitcoin, holds its position above $68,000, the altcoin market shows potential for bottom formation. Amid the U.S. presidential election, crypto analysts highlight a repetitive pattern in Pepe coin price prediction, signaling the potential for a 1,400% surge.

🔸 Analysts Predict 1,400% Rally for Pepe Coin Price Prediction as Historical Patterns Emerge

In a recent tweet, crypto analyst Waleed.Eth shared an interesting wave formation in Pepe coin price prediction, which sparked the bull run from February to May 2024. The initial allocation marked in mid-2023 sets the stage for a defined Wave 1, characterized by progressive upward movement and resistance points labeled as Top 1 and Top 2.

Furthermore, the PEPE price witnessed a post-rally correction to recuperate the exhausted bullish momentum for the actual rally. The downturn offers a fake breakdown below the 200 Exponential moving average as a shake-out to remove weak hands from the market and attract long-term investors.

Over the past eight months, the PEPE coin price prediction showed a similar structure of 2 tops and a fake breakdown below the 200 EMA. If history repeats, the analysts predict a third-wave rally for Pepe coin to target $0.000118, registering a potential growth of 1400%. Consecutively, the asset’s market cap could hit $50 Billion. 

🔸 Short-Term Investor Risks Grow as MVRV Drops Below Zero

According to Santiment data, the 30-day Market Value to Realized Value (MVRV) ratio recently dropped to -16%. The MVRV indicator is crucial for assessing overbought or oversold conditions, signaling potential market reversals and opportunities for strategic accumulation.

#Pepe #pepecoin

🔥 DOGE, XRP Surprisingly Outperformed All Cryptos

As cryptocurrency markets are losing steam after the bullish completion of "Uptober," some veteran cryptocurrencies are performing surprisingly well. By contrast, popular new meme coins like Popcat (POPCAT) are in red.

🔸 DOGE, XRP, XMR: Top gainers in crypto you did not expect

Dogecoin (DOGE), the oldest meme coin and largest meme cryptocurrency by market capitalization, is the leader of the top 100 cryptos by market performance. In the last 24 hours, its capitalization added 3.7% and exceeded the impressive $23 billion level.

In the last seven days, Dogecoin (DOGE) also outperformed all competitors with a 9% upsurge. In total, the capitalization of the meme coin segment dropped by 0.6% overnight.

Popcat (POPCAT) is the worst performer here, with 11.7% in value erased overnight. The largest cat-themed crypto lost its place in the top 50.

Popular meme coins Floki (FLOKI), Pepe (PEPE) and Based Brett (BRETT) are also in the red. Floki (FLOKI) saw its capitalization dropping below $1.2 billion.

XRP, one of the oldest altcoins, also shines bright, adding 1.7% amid dominant market apathy. Its capitalization targets the $30 billion mark.

🔸 $228 million liquidated as Bitcoin (BTC) yet again disappoints bulls

Monero (XMR), the largest privacy-centric cryptocurrency, is yet another unexpected member of the top gainers' list. Monero (XMR) added 1% and is ready to conquer the $3 billion capitalization level.

A month ago, Kraken, the last major exchange with Monero (XMR) support, was forced to blacklist the asset from European users.

Today, the market benchmark is down by 1.2%. The largest cryptos, Bitcoin (BTC) and Ethereum (ETH), added 0.6% each. In total, over $228 million in crypto positions (70% longs) were liquidated in the last 24 hours as Bitcoin (BTC) failed to stay above $70,000.

Bitcoin's (BTC) drop below $68,000 pushed the Fear and Greed Index to 70/100, the lowest in 10 days.

#Doge #XRP

📊 LUNC Price Prediction: Terra Classic Price is Plunging

Terra Classic (LUNC) is catching the attention of crypto enthusiasts. Recent patterns and a strong trading volume suggest that the potential rally could be more than a quick boost – it might be the start of a longer upward trend. In this Terra Classic price prediction article, we'll dive into what's driving Terra Classic's breakout, why traders are feeling bullish, and what could lie ahead for LUNC's price journey.

🔸 How has the Terra Classic (LUNC) Price Moved Recently?

As of today, Terra Classic (LUNC) is valued at $0.00008496, with a 24-hour trading volume of $18.84 million, a market cap of $492.12 million, and a market dominance of 0.02%. Over the past day, LUNC's price has dropped by 5.38%.

Terra Classic hit its peak price on April 5, 2022, when it reached an all-time high of $119.01. Its lowest recorded price was $0.00001651 on May 13, 2022. Since that high, LUNC's lowest point has been $0.00001651, while its highest since then was $0.00059. Currently, the market sentiment around Terra Classic leans bearish, while the Fear & Greed Index reflects a level of 69, indicating 'Greed'.

The circulating supply for Terra Classic stands at 5.79 trillion LUNC, out of a maximum supply of 6.88 trillion. The yearly supply inflation rate is slightly negative at -0.01%, with 579.27 million fewer LUNC created in the past year.

🔸 Terra Classic Price Drops Following Significant Token Burn

In recent days, Terra Classic (LUNC) has experienced notable price movements driven by intensified token burn activities. In a single transaction, 49,472.28 LUNC tokens were burned within just one hour, bringing the total burn count to a significant 7,062,267.40 LUNC. Of this, 49,573.28 tokens were removed via direct transactions, while the bulk—7,012,694.12 tokens—was eliminated through tax-based mechanisms.

With a burn rate surge of 2,494%, these actions reflect the community’s aggressive stance on reducing LUNC’s supply.

#LUNC

⭐️ Only 628 Billion Shiba Inu (SHIB) in 24 Hours: Did Whales Give Up?

In contrast to the trillion-level transactions that were the on-chain activity for Shiba Inu, the same level has significantly declined with only 628 billion SHIB transacted in the last 24 hours. This declined volume raises concerns about the long-term viability and market appeal of SHIB by pointing to a potential change in whale activity.

A few conclusions emerge from the data analysis. Perhaps as a result of weak price movement or unappealing market conditions, the current decrease in transaction volume may indicate that large holders or whales are reducing their SHIB activity. There may be less buying pressure as a result of the decreased whale participation, which could prevent any quick price increase. It may be more difficult for SHIB to maintain any bullish momentum if whale transactions decline because there may be less liquidity and trading interest.

Without whale support, which frequently stabilizes erratic markets, SHIB may be more vulnerable to abrupt price changes in reaction to comparatively smaller market orders. According to the technical chart, SHIB has been having trouble keeping up its upward trend.

Any organic rally will probably rely largely on retail interest and smaller investor participation due to the lack of whale activity, which may not be sufficient to generate significant gains. The asset's recent support at $0.000017 and the resistance levels at $0.000018 and $0.00002, where SHIB would require substantial volume to break through, are important levels to keep an eye on.

One way or another, on-chain data is only the reflection of things that are already happening on the market and fundamental factors are way more important when trying to predict the movement of the asset in the future.

#SHIB #Shibalnu

🔥 Bitcoin ETF Flows Are 'Massive Red Flag,' Analyst Says

Jim Bianco of Bianco Research has poured cold water on the success of Bitcoin exchange-traded funds, arguing that the massive concentration of the largest cryptocurrency in traditional finance is not "something to be celebrated." In fact, according to Bianco, this should be treated as a major red flag.

According to the analyst, the price of Bitcoin should have hit the $100,000 level months ago based on all the bullish catalysts such as massive ETF inflows and the Federal Reserve rate cut that took place in September. However, this wasn't the case.

The price of Bitcoin failed to log a new all-time high earlier this week despite the record-breaking inflows recorded by BlackRock's IBIT.

Bianco has noted that the gold price is substantially higher due to ETF inflows.

According to the researcher, gold ETFs receive mostly fresh money, but Bitcoin ETF flows are mostly "on-chain or centralized exchange money." Hence, this is why the Bitcoin price is struggling to surge higher.

"Spot BTC ETF trades are only $16k. This seems to be money shifting from former Coinbase retail accounts to the ETF, so it's not new money," he noted.

This analysis, however, has expectedly attracted some backlash from Bitcoin enthusiasts. For instance, Bitcoin maximalist Fred Krueger claimed that Bianco's statement was not supported by evidence. Moreover, he has noted that Bitcoin is up as much as 65% on the year-to-date basis, significantly outperforming the yellow metal.

#BTC #Bitcoin #ETF

📊 Aptos Teams Up with SimpleHash to Boost Developer Support

SimpleHash launches the Aptos Ecosystem Program, offering developers complimentary API access and priority support to streamline development.

The blockchain strengthens its ecosystem through strategic partnerships and tools like SimpleHash’s integration and AI tools for the Move language.

Aptos is making great progress in its mission to improve the development landscape through new and meaningful initiatives. The blockchain is scheduled to integrate with SimpleHash, per a recent blog post on the SimpleHash site, therefore bringing a complete Aptos Ecosystem Program.

Using SimpleHash’s capabilities, this strategic endeavor seeks to speed up application development inside the Aptos ecosystem.

💬 this is a big one for us — Aptos x Simplehash.Aptos delivers unique technical capabilities and we’re here to make it easy (and cheap) for devs to leverage it — Olly Wilson (@olly__wilson) November 1, 2024

🔸 Comprehensive API Access and Priority Support for Aptos Developers

The program’s free API access given to developers is among its most enticing features. With this advantage, Aptos developers may use sponsored SimpleHash API plans—up to 10 million requests per month, especially catered for Aptos data.

Thanks to this great access, developers can get comprehensive token data free from further expenses. For those looking for complete and reasonably priced data solutions, the availability of such resources is absolutely vital.

Apart from free access to APIs, members of the Aptos Ecosystem Program will gain top priority support. SimpleHash has underlined the need for clear communication and help and promised VIP access to specific support lines. This support guarantees that developers get technical assistance to properly develop, polish, and expand their products.

And the program guarantees simple data integration. SimpleHash will provide developers access to comprehensive token data over the Aptos network, including complete transaction details.

#APT #Aptos

📊 Bitcoin Transactions Hit Highest Levels in Months

Recent statistics reveal a notable surge in Bitcoin (BTC) transactions, reaching a peak not seen in six months. Insights from blockchain analysis firm IntoTheBlock attribute this spike to a rising number of wallets that hold BTC, which has been shared through their social media channels.

🔸 Why Are Bitcoin Addresses Increasing?

IntoTheBlock points out that the number of addresses accumulating BTC for under 30 days has been a significant factor in this upward trend. Such a pattern typically signals a bullish market atmosphere. Current developments are being likened to the market behaviors observed during the prosperous years of 2017 and 2020/21.

🔸 What Drives Short-Term Bitcoin Trading?

Data suggests that short-term Bitcoin traders are actively participating in the market and boosting their holdings. This trend is generally interpreted as a positive indicator, as these investors seek to capitalize on immediate price movements.

Key takeaways from the rising Bitcoin activity include:

🔺 Increased short-term trading activity signals positive market sentiment.

🔺 A surge in open positions in the derivatives market shows growing investor confidence.

🔺 Historical parallels suggest potential upcoming bullish trends, similar to previous market peaks.

The latest data offers valuable insights for traders and market participants, indicating a possible bullish trajectory for Bitcoin. Observing these patterns could prove essential for future trading strategies.

#BTC #Bitcoin

📣 Cardano DeFi TVL Shows Unusual Trend As Lace Wallet Gets Revamped

During the past few weeks, Cardano has remained in the spotlight amid strong network activity. Current data from DeFiLlama shows that Cardano’s Decentralized Finance (DeFi) Total Value Locked (TVL) has unusually topped $210 million.

Cardano notably grew its Total Value Locked gradually over the last few days. Much of this momentum is due to the growing adoption of its hosted decentralized applications.

🔸 Cardano Lace Wallet Upgrade: What Changed?

Additionally, the spike in Cardano’s TVL stems from the continuous improvements and updates regularly introduced on the protocol.

Regarding updates, Cardano’s light wallet platform, Lace, recently got a facelift. Specifically, the platform released a new iteration dubbed Lace 1.17. A designated Beta team gives interested users access to new features on the Lace 1.17 platform.

In return, these users are expected to provide feedback, hoping they will be instrumental in shaping the wallet. The latest release has a Shared Wallet or multi-signature (multi-sig) feature that offers enhanced security.

To achieve this feat, the multi-sig wallet requires several authorized entities to approve a transaction before it is complete. Noteworthy, the multi-sig wallet is founded on the premise of enhanced security.

It helps protect users against theft, hacks, and other unauthorized access. If a single key is compromised, this cannot put control in the hands of the bad actor. It is an ideal strategy for situations that require collective governance over digital assets.

For now, it allows those interested in the beta release to create a shared wallet and add co-signers. Once this is achieved, they can set custom signing conditions directly within Lace. This feature utilizes the CIP-1854 derivation standard to ensure compatibility and robust security.

#ADA #Cardano

⭐️ XRP Sees Longest Bollinger Bands Squeeze in History, Hinting at Possible Price Explosion

XRP may be laying the groundwork for a massive price explosion due to a historical squeeze in its Bollinger Bands.

This indicator, which measures price volatility, has shown major patterns in the past that have often led to notable price explosions. Interestingly, the current data suggests that XRP might be on the verge of another big movement.

🔸 XRP Historical Bollinger Band Squeeze

For context, in 2016, XRP began a period of Bollinger Bands compression that lasted from August 2016 to February 2017. During this time, XRP was in a consolidation phase, holding within a relatively stable range.

Once this squeeze period concluded, XRP’s price skyrocketed, marking one of the most impressive price surges in its history.

In the months following the squeeze, XRP’s value rose dramatically from $0.00555 to an all-time high of $3.31 by January 2018. This marked an increase of nearly 60,000% within a year.

After this massive price rise, XRP began to retrace, and by May 2020, another Bollinger Bands squeeze was underway. This squeeze persisted until October 2020, when XRP saw renewed upward momentum.

However, XRP’s price rally faced a major challenge when the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple in December 2020. This lawsuit led to a sudden drop in XRP’s price, with a 66.97% decline in December following a 177.23% rally in November.

Despite the setback, XRP’s price did not remain stagnant for long. Following the lawsuit’s initial impact, XRP resumed its bullish trajectory and reached a cycle peak of $1.96 in April 2021. This represented a 717% gain from its low point, achieved despite the legal issues.

#XRP #Ripple

📉 First Capital Outflow From ETFs in the Last 7 Days

From 10/23 to 10/31, Bitcoin ETFs saw daily inflows of capital, which in total exceeded $3 billion, but yesterday there was an outflow of $54.9 million. A similar picture was observed from 10/11 to 10/21, when after 7 days of inflow there was an outflow. Bitcoin closed the working week below $70 thousand, but the market sentiment remains optimistic and everyone is preparing for a breakout of a new ATH.

💸 CNBC reports that investors are buying up bonds and Bitcoin ahead of the US presidential election.

✖️ Yesterday, two prominent ETF issuers advanced their XRP-based asset initiatives. Grayscale launched trading for its XRP Trust, and 21Shares filed a formal application on XRP ETF.

🤖 Microsoft is making a big bet on AI with a $10 billion deal with CoreWeave.

#ETF #BTC

🔥 Solana Price Prediction: SOL is eyeing $250

Solana’s price is showing signs of a potential rally, with a target of $250 on the horizon. November is shaping up to be an exciting month for SOL as it rides a wave of strong on-chain growth and breaks out of a bullish flag pattern. In this Solana price prediction article, we’ll explore what’s driving Solana’s upward momentum, the factors fueling investor optimism, and what it could mean for SOL’s price in the coming weeks.

🔸 How has the Solana Price Moved Recently?

Solana is currently priced at $166.75, with a 24-hour trading volume of $7.15 billion, a market cap of $78.14 billion, and a market share of 3.30%. Over the past day, the SOL price has dipped slightly by 0.08%.

Solana hit its peak on November 6, 2021, reaching an all-time high of $259.52. On the other hand, its lowest point was $0.503701, recorded on May 11, 2020. Since that peak, Solana’s lowest price was $8.12 (cycle low), while its highest recovery since then has been $208.75 (cycle high). Currently, sentiment around Solana remains bullish, with the Fear & Greed Index sitting at 69, indicating a “Greed” market sentiment.

Solana’s circulating supply is now 468.59 million SOL out of a maximum supply of 533.68 million. The yearly supply inflation rate is 11.71%, resulting in an additional 49.13 million SOL over the last year.

🔸 Solana Price Prediction: Solana Price is Eyeing $250

Solana’s price is heading towards $250, driven by a blend of network growth and rising user activity that shows no signs of slowing down. Recent data from DefiLlama reveals that Solana’s Total Value Locked (TVL) has surged by an impressive 54% in just six weeks, jumping from $4.77 million to $7.24 million.

This boost in TVL is a strong indicator of confidence within the network, as more capital is being invested in Solana-based decentralized applications. When users stake or deploy assets within a platform, it generally points to robust health within the ecosystem.

#SOL #Solana