Ali-Awan_

Global economic tensions and shifting trade policies continue to influence cryptocurrency markets, with SUI showing particular resilience.
The asset established a trading range of 4.46% between $3.70 and $3.86, finding strong volumesupport at the $3.755 level.
A notable bullish momentum emerged with price surging 1.9% on above-average volume, establishing resistance at $3.850.
The formation of higher lows throughout the latter part of the day suggests consolidation above the $3.775 support level.
Technical Analysis Highlights
SUI established a 24-hour trading range of 0.165 (4.46%) between the low of 3.700 and high of 3.862.Strong volume support emerged at the 3.755 level during hours 17-18, with accumulation exceeding the 24-hour volume average by 45%.Notable bullish momentum occurred in the 20:00 hour with price surging 7.2 cents (1.9%) on above-average volume.Resistance established at 3.850 with higher lows forming throughout the latter part of the day.Decreasing volatility in the final hours suggests consolidation above the 3.775 support level.Significant buyer interest appeared between 01:27-01:30, forming a strong support zone at 3.756-3.760 with exceptionally high volume (over 300,000 units per minute).Decisive bullish reversal began at 01:42, establishing a series of higher lows and higher highs.Breakout above 3.780 occurred at 01:55, followed by consolidation near 3.785 with decreasing volume.
Disclaimer: This article was generated with AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy. This article may include information from external sources, which are listed below when applicable.
External References
"Sui price up 5.16% intra-day: bullish structure remains strong", crypto.news, published May 16, 2205."SUI Set to Explode, But Don’t Sleep on XRP and Other Altcoins", CoinPedia, May 16, 2025.#sui $SUI

Global economic tensions and regulatory developments continue to influence XRP's price action, with the digital asset showing remarkable resilience despite recent volatility.
After experiencing a significant dip to $2.307 on high volume, XRP has established an upward trajectory with a series of higher lows, suggesting continued momentum as it approaches resistance levels.
Technical indicators point to a potential bullish breakout, with multiple analysts highlighting critical support at $2.35-$2.40 that must hold for upward continuation.
Technical Analysis Highlights
Price experienced a 3.76% range ($2.307-$2.396) over 24 hours with a sharp sell-off at 16:00 dropping to $2.307 on high volume (77.9M).Strong support emerged at $2.32 level with buyers stepping in during high-volume periods, particularly during the 13:00-14:00 recovery.Asset established upward trajectory, forming higher lows from the bottom, with resistance around $2.39 tested during 07:00 session.In the last hour, XRP climbed from $2.358 to $2.368, representing a 0.42% gain with notable volume spikes at 01:52 and 01:55.Price surged past resistance at $2.36 to reach $2.366, later establishing new local highs at $2.369 during 02:03 session on substantial volume (539,987).Currently maintaining strength above $2.368 support level with decreasing volatility suggesting potential continuation of upward trajectory.
Disclaimer: This article was generated with AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy. This article may include information from external sources, which are listed below when applicable.
External References
"XRP price path to $3.40 remains intact — Here is why", Cointelegraph, published May 16, 2025."XRP Price Watch: Bulls Eye $2.60 as Long-Term Trend Holds", Bitcoin.com News, published May 17, 2025."XRP Price Explosion To $5.9: Current Consolidation Won’t Stop XRP From Growing", NewsBTC, published May 17, 2025.#xrp $XRP

TL;DR

The L2 blockchain solution reached a fresh milestone, but SHIB’s price is down 3% for the day.Weak token burns and rising exchange inflows indicate that the pullback may intensify in the short term.Hitting Another TargetShiba Inu (SHIB) remains one of the most popular crypto projects, which in recent years evolved from a meme coin to a complex ecosystem. One of its features is the layer-2 scaling solution Shibarium, which aims to reduce transaction fees, improve speed, and enhance scalability.It officially saw the light of day in August 2023 and has made serious progress since then. Approximately a month ago, the number of transactions processed on Shibarium exceeded one billion. The figure currently stands at over 1.12 billion.Earlier today (April 30), the protocol blasted through a new important milestone. Specifically, the total number of wallet addresses that have interacted with Shibarium since its launch surpassed 200 million.The L2 blockchain solution has garnered the attention of multiple industry participants in the past months, some of whom believe SHIB’s potential rally during this bull cycle depends heavily on it. An example is the popular Bitcoin advocate Jeremie Davinci, who said:“I like Shiba Inu, as you know, and I think it will do relatively well in this cycle, but it may not go as high as you expect. I think Shiba Inu has a lot of utility now that they have Shibarium, and basically, it’s a chain that you can actually run all kinds of applications.However, nobody is using it, and there are no applications for using your tokens on Shibarium yet. If they get that solved, Shiba Inu will go to the moon.”SHIB Price OutlookDespite Shibarium’s latest achievement, Shiba Inu remains in the red today, retreating by approximately 3% and currently trading at $0.00001323 (per CoinGecko’s data).Moreover, some factors suggest the pullback could deepen in the short term. For example, the token burn mechanism has removed only a small amount of SHIB over the past week. Its main purpose is to reduce the massive circulating supply, potentially increasing the token’s value through scarcity. However, demand must head north – or, at the very least, not decline for this to have a real impact.Shiba Inu’s exchange netflow is also worth observing. In the past several days, inflows have surpassedoutflows, hinting that investors have shifted toward centralized exchanges. This, in turn, increases the immediate selling pressure.#Shibarium #shiba⚡ $SHIB

Hedera (HBAR) enters May in a fragile yet potentially explosive technical setup, with futures activity cooling and price movements closely tied to Bitcoin’s momentum. HBAR Futures volume remains subdued, suggesting a decline in speculative interest compared to earlier this year.
Meanwhile, HBAR continues to track Bitcoin’s performance with amplified volatility. As BTC flirts with the $100,000 level and sentiment shifts bullish, HBAR could either break through key resistance levels and rally toward $0.40—or face a deeper correction if technical support fails.
Low HBAR Futures Volume Points to Cooling Speculation
HBAR Futures volume is currently at $118 million, up from a recent low of $76 million on April 19—its lowest point in the last three months.
This follows a steady decline from much higher levels seen earlier in the year.
Notably, HBAR Futures open interest had peaked at $1.3 billion on March 1 but has not surpassed $300 million since April 12, signaling a significant drop in speculative activity around the token.

HBAR: Futures Volume. Source: Glassnode.
Hedera Futures refer to derivative contracts that allow traders to speculate on the future price of HBAR, the native token of the Hedera network. Both retail and institutional participants often use these contracts to hedge risk or take leveraged positions.
Futures volumes and open interest are key indicators of market sentiment and liquidity—higher volumes typically suggest stronger conviction or increased trading activity. At the same time, declining figures may reflect reduced interest or confidence in near-term price action.
The current lower levels suggest HBAR’s recent price movements may have been more influenced by spot demand than leveraged speculation.
Hedera’s High Correlation with BTC Could Drive Next Rally
HBAR has recently shown a high correlation with Bitcoin (BTC), often amplifying the moves of the broader crypto market leader.
When BTC rallies, HBAR tends to rise even more sharply; conversely, HBAR often experiences deeper pullbacks during corrections. This pattern reflects Hedera’s sensitivity to market sentiment and positioning as a higher-beta asset in the crypto space.
As a result, shifts in Bitcoin’s trajectory, especially during periods of strong momentum, can significantly influence HBAR’s price action.

BTC and HBAR Performance in the last 30 Days. Source: Messari.
With Bitcoin up 13% in the past 30 days and now sitting just 6.3% below the $100,000 mark, the next leg higher could have a strong spillover effect on HBAR.
On-chain data shows a recovery in BTC’s apparent demand, while institutional sentiment is gradually improving, with ETF inflows showing early signs of a rebound. If Bitcoin breaks above $100,000, HBAR could benefit from renewed capital inflows and rising market enthusiasm.
Given HBAR’s tendency to outperform BTC in bullish phases, a decisive Bitcoin breakout could be a powerful catalyst for a broader move in Hedera.
Key Levels to Watch as HBAR Faces Bullish Breakout or Death Cross
HBAR price faces a critical technical setup heading into May, with the potential for a sharp move in either direction. On the bullish side, if HBAR can attract strong buying pressure and establish a sustained uptrend, it could climb as much as 123% to reach $0.40.
To do so, the token must first break through a series of key resistance levels at $0.20, $0.258, $0.32, and $0.37—each of which has previously acted as a rejection point during past rallies.

HBAR Price Analysis. Source: TradingView.
A successful breakout through these levels could signal renewed momentum and broader market confidence in Hedera.
However, downside risks remain firmly in play. HBAR’s EMA lines show signs of an impending death cross—a bearish pattern in which the short-term average moves below the long-term average, indicating that a deeper correction may be ahead.
If this formation is confirmed, HBAR could first test support at $0.16. Failure to hold that level may lead to further losses toward $0.124, and in a more aggressive downtrend, prices could decline to $0.0053.
#hbar #hedera
$HBAR

A prominent voice in the XRP community is drawing attention to a growing disconnect between XRP fundamental progress and its market price.
According to crypto commentator Brett, the current market slump may be a calculated phase in a much larger game to shake out retail holders before XRP’s true value is realized.
Price Is Not the Truth, Just the Distraction
Brett argues that price action does not reflect the true value of an asset like XRP, asserting that it’s merely a distraction. Notably, XRP is down 2.5% today and has seen a more substantial 30% decline over the past three months, currently trading at $2.20.
The coin had a promising start in 2025, breaking price levels last seen seven years ago. However, bearish momentum soon took hold, and XRP has struggled to make further progress.
Still, Brett maintains that this price action doesn’t reflect what’s happening behind the scenes. Instead, he believes it’s meant to test patience and wear down early believers.
Quiet Progress Behind Red Candles
Despite the gloomy charts, Brett points to a steady stream of progress for XRP and Ripple behind the scenes. He cites new banking partnerships, regulatory advancements, expansion into cross-border payment corridors, and increasing institutional adoption.
Most notably, the SEC has halted the Ripple lawsuit, and settlement discussions are already underway. Amid this major development in the nearly five-year legal battle, Ripple announced the acquisition of a prime broker for $1.25 billion.
This move will enhance the XRP Ledger’s utility in fund processing, bringing fresh institutional liquidity into the XRP ecosystem, something enthusiasts view as extremely bullish.
Yet, these announcements have failed to significantly move XRP’s price this month. Brett claims this is intentional. According to him, these developments are deliberately low-profile, quietly laying the foundation for what he calls “the next financial system.”
It’s a Game of Perception and Patience
While retail investors focus on daily price fluctuations, Brett believes the real story is playing out beneath the surface, and it’s not meant for public visibility.
Describing the current XRP market as a psychological game, Brett says the louder the fear, the greater the opportunity.
He argues that the narrative claiming XRP is “finished” is one of the biggest “lies” in the market. In his view, the token is being strategically integrated into a broader financial infrastructure to benefit institutions and insiders.
8/
Here’s the cold truth:
Most of you will never see the real value of XRP.You’re too focused on price movements, too distracted by the short-term.The wealth is being built in the background, while retail chases illusions.— Brett (@Brett_Crypto_X) April 28, 2025
Brett added that many will never realize XRP’s true value because they’re too distracted by short-term price action. He contended that the shift won’t come with warning signs or hype but through silent integration, gradual infrastructure buildout, and a final phase in which only those who endure will be positioned to benefit.
His message to the community is to stop chasing updates, silence the noise, and prepare for the long game.
Notably, numerous other commentators share this perspective, urging investors to accumulate XRP while it remains “cheap.” Some like Edoardo Farina have even claimed that not holding XRP could be the biggest risk in today’s investment landscape.
#Ripple #xrp
$XRP

Berachain Governance Guardians approved one of the largest Reward Vault Request batches to date, enhancing user access and liquidity depth.SX.Bet and other vaults highlight how Proof-of-Liquidity can reward real user activity beyond just providing liquidity.
Berachain has announced some important news from their governance kitchen. After several weeks of evaluation, the fifth batch of Reward Vault Requests (RFRV) has finally been approved by all members of the Governance Guardians.
This is not a random batch. The number of proposals passed this time is quite large, even called one of the densest in Berachain’s history. Not only does this decision expand the reach of the protocol, but it also shows a new direction that is more inclusive and bold—even quite colorful.
Decisions on the latest batch of RFRVs have been delivered by the @bgtfdn on behalf of the Guardians.New reward vaults across DeFi, Bitcoin, stables, and consumer applications have been approved, expanding PoL utility across the Berachain ecosystem.This batch includes new… pic.twitter.com/UZRr7NxNtW— Berachain Foundation 🐻⛓ (@berachain) April 28, 2025
Imagine if a sports betting platform could enter the DeFi space and even drive wider adoption. Well, that’s what is being tested through the vault approval for SX.Bet, one of the largest decentralized prediction platforms today. This vault does not only rely on providing liquidity, but also on real user activity.
Betting, predictions, and active participation are actually sources of incentives. If successful, this approach could attract retail traders, bettors, and even prediction market players to join the Berachain ecosystem.
Berachain: Preparing for Boyco Unlock With Stronger Liquidity Foundations
On the other hand, this expansion is also preparing to welcome an important moment: the opening of the Boyco pre-deposit program on May 6. Several projects such as Concrete and Ether.Fi have already launched vaults for major assets such as ETH, BTC, stablecoins, and Berachain native tokens such as HONEY and BERA.
This is not just a temporary strategy. Boyco depositors will later be able to immediately direct their funds to a clear path, activating previously idle capital.
Furthermore, DeFi core infrastructure such as Bearn and Infrared also contribute to strengthening the staking liquidity side. Their new vaults will focus on BGT and BERA, two main staking tokens in this ecosystem. The hope is that the deeper the liquidity, the stronger the foundation for the boosting and staking ecosystem in the future.
Interestingly, Berachain governance now feels more open than in previous months. In mid-April, CNF reported that Berachain launched RFRV Batch 3 and introduced a five-member Governance Guardians board.
The public feedback process before the final decision also marked a more participatory direction than before. This is not only a technical matter, but also a signal that they are serious about building a long-term foundation.
Revenue Soars, Unproductive Assets Become Reward Machines
Looking at the latest on-chain data, Berachain’s revenue jumped 450% in just one week in early April. User activity also increased: active addresses grew to 140,790, while total transactions reached 9.59 million. Interestingly, around 35% of the total fees came from Maximal Extractable Value (MEV) activity—a sign that activity and opportunities are getting denser in this ecosystem.
Not only that, Berachain’s stablecoin strategies are also increasingly diverse. Stablecoins such as NECT, rUSD, and BYUSD are now used for various things: from staking, automatic vaults, to leveraged reinvestment strategies. For example, BYUSD has already locked over $200 million on Berachain.
With Proof-of-Liquidity incentives ranging from 3% to 10% APR, it’s no wonder that institutional investors are starting to take notice. Just imagine, tokens that used to be just a complement have now become a source of profit that many parties are looking for.
Meanwhile, protocols like Paddle Finance are also bringing an encouraging sign by supporting assets that are usually looked down upon—namely NFTs, meme coins, LP tokens, and even tokenized real-world assets. By leveraging the PoL model, Paddle allows these assets to be lent, traded, and most importantly: start earning.
Meanwhile, BEAR is swapped hands at about $3.66, moving sideways over the last 7 days and down more than 40% over the last 30 days.
#BERA
$BERA

BONK, Solana’s second-largest memecoin by market capitalization, appears to be shifting gears after a period of extended correction. Since April 22, BONK has climbed over 60%, rising from a low of $0.00001212 to a high of $0.00002179, as recorded on April 28. This rapid upward movement is backed by a notable increase in trading volume and renewed interest among traders and builders.
This momentum also mirrors a broader trend across the memecoin sector. Tokens such as TRUMP, PEPE, DOGE, and FLOKI have all posted significant gains in recent days, suggesting that investor appetite for high-volatility, community-driven assets is once again on the rise. BONK’s recent rally may, in part, be benefiting from this sector-wide enthusiasm, as capital flows back into speculative corners of the market.

Top Meme Coins by Market Cap (Coingecko)
Below, we break down BONK’s recent price behavior, technical structure, and the key factors that could influence its next move.
Price Performance and Volume Surge
According to Coingecko data, BONK’s trading volume jumped by more than 420% over the past seven days, topping $503 million. This surge in liquidity has pushed BONK’s market capitalization to approximately $1.6 billion. Such volume increases often accompany shifts in market sentiment and can signal the early stages of a trend reversal.
This renewed interest may have been partly driven by the recent launch ofLetsBONK.fun, a new launchpaddesigned to simplify the creation of memecoins on Solana. The platform allows users to deploy tokens without needing advanced technical knowledge. Notably, portions of its fee structure are channeled back into the ecosystem—supporting Solana’s security via the BONKsol validator, funding ongoing development, and enabling BONK token buybacks and burns. These mechanisms could reduce BONK’s circulating supply over time, potentially supporting its price floor in the longer term.
Chart Analysis: Reversal Patterns Emerging
The BONK/USDT price chart below reveals a rounding bottom pattern. This classic formation often indicates a gradual reversal from bearish to bullish territory and is typically seen at the end of prolonged downtrends.

BONK/USDT price chart (TradingView)
After reaching an all-time high of $0.000062 on November 20, 2024, BONK experienced a significant decline followed by a series of consolidations. This downward trajectory appears to be stabilizing, with recent price action forming a smooth U-shape—characteristic of a rounding bottom.
Currently, BONK has broken above the 200-day exponential moving average (EMA), a key technical indicator that often acts as dynamic support or resistance. Sustained trading above this level is often interpreted as a sign that buyers are regaining control.
Watching Key Levels: MA Resistance and Inverse Head & Shoulders
While momentum is picking up, traders should monitor the area around $0.00002411 carefully. This zone aligns with both the 200-day moving average (DMA) and the potential neckline of an emerging inverse Head and Shoulders (H&S) pattern—a structure that often precedes bullish breakouts but can include a short-term pullback before continuation.
Should BONK retrace to the $0.00001550 range, this may present a more favorable entry point for traders looking for confirmation of support. A bounce from that region, combined with rising volume, would strengthen the bullish case.
However, failure to hold recent support levels could result in a retest of prior lows. A close below $0.000017 could invalidate the bullish thesis in the short term and reintroduce downward pressure.
Outlook: Cautious Optimism
BONK's technical structure is improving, supported by growing volume, a favorable chart pattern, and a push above major EMAs. If price breaks cleanly above $0.00002411 with volume confirmation, it could open the door to a move toward the next resistance zone around $0.00003.
Traders and investors should remain aware of broader market conditions and watch for price action near key EMAs. The interplay between short-term pullbacks and long-term trend reversals will likely define BONK’s trajectory over the coming weeks.
For now, BONK shows early signs of a bullish flip—but as always, confirmation is key.
This analysis is intended for educational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions.
#Bonk
$BONK

Zypto App has introduced a new feature that allows Shiba Inu enthusiasts to access ShibaSwap and Shibarium tokens on a single platform.
The all-in-one crypto wallet announced a landmark breakthrough specifically for enthusiasts of Shiba Inu and the doggy-themed meme coin’s ecosystem. In a tweet on Tuesday, April 29, Zypto disclosed that users can now access both ShibaSwap and Shibarium directly from its upgraded mobile application.
New Features Support Shibarium and ShibaSwap
ShibaSwap is the Shiba Inu ecosystem’s decentralizedexchange, where network users can swap native tokens like BONE, LEASH, and SHIB. Notably, the platform also supports a wide range of ERC-20 tokens, including Ethereum, Aave, Chainlink, and some stablecoins.
Meanwhile, Shibarium is the ecosystem’s layer 2 network building on the Ethereum mainnet. Launched in August 2023, the chain houses Shiba Inu ecosystem-native tokens while offering added functionality and utility.
Remarkably, the Zypto App announced yesterday that enthusiasts can now access ShibaSwap directly from the platform while enjoying the low transaction fees and swift execution associated with the protocol.
Furthermore, the Android and Apple-compatible decentralized finance (DeFi) wallet also offers self-custody of Shibarium-supported tokens, including the leading four: SHIB, LEASH, BONE, and TREAT.
Beyond self-custody, the Zypto App also debuted the Vault Key Card, providing Shibarium users with extended asset security. This secure storage leverages the NYC technology and three-factor authentication (3FA) to offer secure cold storagesecurity standards.
Zypto Debuts New Innovation
Remarkably, Zypto Crypto stated that it is the first to achieve such a notable feat for the Shiba Inuecosystem. The platform becomes the first DeFi wallet app to integrate ShibaSwap and Shibarium into a single application.
Notably, the feature comes on the heels of its latest application upgrade. The self-custody wallet provider rolled out version 1.15 of its Zypto App yesterday, adding new functionalities, including support for Shibarium and ShibaSwap.
Meanwhile, the incorporation has excited the Shiba Inu community, drawing comments from key players, including the official X account of the ecosystem. The handle appreciated the rollout and impressive effort of the Zypto App in simplifying access to the SHIB ecosystem.
Amazing work! Thank you frens ❤️— Shib (@Shibtoken) April 29, 2025
Notably, the latest development builds on previous moves from other platforms to add support for Shibarium following its launch. For instance, crypto exchange Gate.io introduced support for the layer-2 network last January. Meanwhile, MEXC followed suit a year later, specifically in February 2025.
#SHIB
$SHIB

Cryptocurrency analysis firm MakroVision has evaluated the latest technical outlook for XRP.
The company stated that XRP broke the long-standing downtrend, broke through important resistance levels, and a positive atmosphere was formed in the market again.
According to MakroVision’s analysis, XRP has broken out of its months-long red downtrend with a powerful force. The successful backtest following this breakout supports the stability of the structure. At the same time, the breakout of the last low high created earlier is considered the first serious bullish signal.
The analysis emphasized that the $2.48 level is a critical resistance point for XRP. This level also coincides with the 50% Fibonacci retracement level and the next lower high. If this area is broken upwards, the $2.65 level and the “Golden Pocket” target determined by the general market structure may come to the fore.
According to the analysis company, the previous resistance level of $ 2.23 is now working as support. It was stated that in a possible pullback, the $ 2.03 level should be protected, otherwise the technical structure may deteriorate.
MakroVision analysts concluded their assessment as follows:
“XRP is showing clear signs of a trend reversal. However, the $2.48 level must be breached for the upside to continue. This area is key for the market to regain strong upward momentum.”
XRP technical outlook chart shared by MakroVision.
*This is not investment advice.
#Ripple #Xrp🔥🔥
$XRP

Alpaca Finance (ALPACA), one of the most talked about altcoins of recent days with the rise it experienced after Binance's delisting announcement, experienced a big jump in the last 24 hours.
Alpaca Finance, which claims to be “the largest lending protocol that allows leveraged yield farming on BNB Chain and Fantom,” jumped from $0.181 to $0.950, up 422% in less than eight hours.
While the huge leap experienced by ALPACA surprised everyone, the price suddenly dropped by 92% yesterday.

Many cryptocurrency experts and investors believe that the 422% rally was mainly due to Binance’s upcoming delist event on May 2.
This rise caught investors who were expecting a crash with the delist announcement off guard. Investors who opened short positions were squeezed when prices rose and had to buy back despite the losses; this fed the bullish cycle.
Additionally, the Alpaca Finance team has cancelled plans to issue more ALPACA tokens following backlash from the community and announced that the 214th weekly buyback and burn has been completed, removing 188,888 ALPACA (approximately $41,500) from circulation.
This rally also liquidated short positions. According to Coinglass data, ALPACA futures liquidation volumesurpassed Bitcoin.
ALPACA perpetual futures recorded $46.64 million in liquidation volume over the last 24 hours, surpassing the $43.32 million volume in Bitcoin (BTC).
In the last hour, ALPACA liquidations reached $5.6 million, while BTC liquidations totaled $2.39 million. The largest liquidation occurred on Bybit in the ALPACA/USDT pair.
*This is not investment advice.
#ALPACA
$ALPACA

In a recent XRP news update, the Securities and Exchange Commission (SEC) has delayed its decision on the proposed XRP spot Exchange-Traded Fund (ETF) from Franklin Templeton. Despite the delay, legal experts watching the Ripple case are staying positive.
Lawyer Remains Optimistic Despite Ripple ETF Delay
According to XRP lawyer Bill Morgan, the delay in the Ripple ETF approval process does not indicate a change in the overall direction of the case. Morgan pointed out that the SEC commissioners have not yet voted to end the appeal against Ripple, and no formal updates have been made to the final court orders.
Morgan emphasized, “What is the hurry? The SEC commissioners have not even voted yet to end the appeal against Ripple.” He added that although there has been mention of a settlement agreement, no joint court filing has been made to officially reflect those changes.
Another legal observer, James Farrell, highlighted that the only statement from the SEC so far is a filing noting an “agreement in principle” between Ripple and SEC staff, which is not final. This has led to confusion and speculation about the next steps, but legal analysts suggest that this is not uncommon in complex regulatory matters.
SEC Postpones XRP ETF Decision Until June
The SEC announced that it would delay its decision on the Franklin Templeton XRP spot ETF until June 17, 2025. Franklin Templeton filed the application on March 13, and the SEC published it in the Federal Register on March 19, triggering a 45-day review period set to expire on May 3. Despite these setbacks, Proshares has announced a new launch date for its XRP ETFs despite prior confusion.
The delay aligns with what some industry analysts, including Bloomberg Intelligence’s James Seyffart, described as standard regulatory procedure in a March post. Seyffart noted,
“Yes, the SEC just punted on a bunch of altcoin ETF filings… This is expected.”
ETF Store President Nate Geraci confirmed that apart from the Ripple ETF, regulators also announced delays for other crypto ETFs, including Franklin’s Solana and Grayscale’s HBAR products. These delays reflect a broader evaluation process and do not specifically target XRP-related products.
However, Nate Geraci still expects the SEC to reach a decision by October 2025 because the commission tends to make its final decisions on many crypto ETFs in mid-October.

Is XRP Lawsuit and ETF Decision Linked?
Notably, other commentators have wondered whether the delay at the SEC is due to ongoing negotiations in the Ripple case. Clyde James, a crypto investor, said the SEC may have slowed on Ripple ETF approvals since the settlement demands penalties in Ripple rather than cash.
“If they are truly considering accepting settlement payment in XRP… they aren’t going to approve spot ETFs before that,” James wrote on social media. This is because approving the ETF beforehand could raise XRP’s price, which would lower the total XRP needed for payment.
Though still unconfirmed, this theory gained traction online—especially since Ripple has publicly stated that it reached a settlement agreement with the SEC, while the SEC has only acknowledged an agreement in principle.
#Ripple #Xrp🔥🔥
$XRP

XRP is up 7% over the last week of April, but May 2025 could bring even bigger moves as major catalysts line up. Key metrics like NUPL and active addresses show a market at a crossroads, with strong optimism and warning signs.
Hype around ETF approvals has stirred volatility, and real institutional inflows could decide XRP’s next major trend. Traders should prepare for a month where both sharp rallies and deep corrections remain firmly on the table.
XRP NUPL Signals Rising Confidence, but ETF Rumors Stir Volatility
XRP Long-Term Holders Net Unrealized Profit/Loss (NUPL) is currently at 0.73. This places it firmly in the “Belief – Denial” stage of the market cycle. The indicator measures the average unrealized profit among long-term holders.
It has been stuck in this zone since March 27, over a month ago. In general, NUPL values above 0.75 indicate “Euphoria—greed.”
Readings between 0.5 and 0.75 show belief that prices can rise, but there is also the risk of denial if momentum weakens.
The current value has risen from 0.68 three weeks ago to 0.73 today. Long-term XRP holders are seeing larger paper gains. Still, the market could soon face a critical moment where either continuation or a correction emerges.

XRP Long-term Holders NUPL. Source Glassnode.
Rumors about an SEC-approved spot XRP ETF have recently caused confusion, adding more fuel to market volatility. In reality, only ProShares’ leveraged and short XRP Futures ETFs were approved to begin trading on April 30. A true spot ETF has not been approved.
Although the futures approval is seen as a positive step for XRP’s long-term legitimacy, spreading false information has damaged investor confidence. It has also created unnecessary instability.
Despite that, analysts have suggested XRP market cap could surpass Ethereum’s. Rumours around a XRP and SWIFT partnership have also risen in the last month.
Some experts predict that a future spot ETF could eventually drive up to $100 billion in capital inflows into XRP. However, until that happens, volatility driven by rumors and miscommunication remains a major risk for the token.
XRP User Engagement Slows as Active Addresses Stay Below 200,000
XRP’s 7-day active addresses have dropped significantly, currently at 147,000, compared to their all-time high of 1.22 million, which reached March 19.
This steep decline reflects a broader cooldown in network activity after the massive surge seen earlier this year.
Monitoring active addresses is crucial because it offers real-time insight into user engagement, transaction volume, and overall ecosystem health—lower address activity often signals waning interest, reduced transaction flow, and a softer foundation for sustained price growth.

XRP 7-Day Active Addresses. Source Santiment.
Since April 1, XRP’s 7-day active address count has consistently stayed below 200,000, reinforcing that user activity has yet to recover fully.
While the drop does not necessarily mean a major price collapse is imminent, it highlights a critical point: strong rallies are often backed by growing network participation.
Without a meaningful pickup in active addresses, XRP could struggle to maintain momentum or ignite a new bullish phase soon.
XRP ETF Approval Could Trigger 49% Rally, But Downside Risks Remain
The final approval of a Spot XRP ETF could become a major catalyst for the token’s price. It would potentially unlock significant institutional inflows. Recently, the world’s first XRP ETF began trading in Brazil.
Experts predict that, if real demand follows the approval like it did with Bitcoin, XRP price could rally sharply. The next major upside target is $3.40, representing a 49% increase from current levels.
This move would be driven by fresh inflows, greater mainstream acceptance, and a tightening supply as more investors gain direct exposure through regulatedchannels.

XRP Price Analysis. Source: TradingView.
On the downside, if momentum fails to recover and a strong downtrend takes hold, it could face a sharp correction. A break below the psychological $2.00 level would expose the token to deeper losses, with the next major support around $1.61.
#XRPETFs #Xrp🔥🔥
$XRP

Ledger confirmed today that a letter claiming to be from the crypto wallet’s security team is a scam, and warned users to ignore it and keep their crypto wallet recovery phrases to themselves.
The company was responding to crypto trader Jacob Canfield, who shared the scam letter on X yesterday. Canfield claims the scammers are “sending physical letters to the @Ledger addresses database leak requesting an ‘upgrade’ due to a security risk.”
It claims to be from Ledger’s “Security and Compliance” and asks users to give up their recovery phrase in response to a “critical security update.”
“Failure to complete this mandatory validation process may result in restricted access to your wallet and funds,” the scam document reads.
Read more: Researcher finds data harvesting inside Ledger Live app
Ledger admits impersonation scams are “common”
In response to the post, Ledger warned, “Scammers impersonating Ledger and Ledger representatives are unfortunately common.”
It reminded users, “Always remember: Ledger will never call, DM, or ask for your 24-word recovery phrase. If someone does, it’s a scam. Stay cautious and keep your crypto safe.”
This isn’t the first physical scam Ledger has seen. In 2021, after suffering a leak a year earlier, Ledger users began receiving Ledger devices in the mail that were tampered with and designed to install malware upon use.
Read more: Ledger dubs service ‘risk-free’ despite losing millions of user emails
This letter appears to utilize the same Ledger leak and has likely taken advantage of the stolen emails and addresses of 270,000 Ledger users that were published online. Ledger has also suffered from supply chain attacks and phishing campaigns over the years.
However, as Canfield noted, Ledger might need to update their warning to include letters alongside DMs and calls.
#BinanceSquareTalks

According to Çağnur Cessur in a recent post on X, Polkadot (DOT) has been consistently trading within a clearly defined black channel on the monthly chart. This channel is formed by well-established horizontal support and resistance levels, which have been tested numerous times over the past 4 to 5 years.
The range, spanning from $4 on the lower end to around $12 at the top, has effectively boxed in DOT’s price action, shaping a long-term sideways market structure. A clear move beyond this 5-year range, especially on strong volume, could mark the beginning of a new trend, either into price discovery or deeper support levels.
Analysing Price Action Within The Channel
Cessur emphasized in his recent analysis that the green channel shown on the Polkadot chart represents a downtrend that has been in place for nearly four years. This trend has consistently guided the broader market structure, acting as a long-term resistance. However, he noted that if DOT manages to break above this channel, it could set the stage for a major trend reversal to new highs in the months ahead.
He also drew attention to DOT’s short-term outlook, where a red falling channel on the weekly timeframe has just been breached to the upside. According to Cessur, this development is a sign of potential bullish continuation, positioning DOT as one of the altcoins to start an increase.

The analyst concluded that if the asset continues to follow the multi-year pattern of ranging from $4 to $12, another climb toward the top of this range seems likely. Most importantly, if the weekly candle closes above $4.70, he noted that the chances of seeing a swift move toward $10 could increase significantly, supported by growing bullish momentum and historical price behavior.
Bear Case: Losing $4 Might Send Polkadot To All-Time Lows
The bear case for Polkadot revolves around the critical $4 support level, which has been pivotal in maintaining the altcoin’s price structure. If DOT loses the $4 mark, it might signal a deeper bearish move. This would invalidate recent bullish hopes and raise the potential for further declines as market sentiment shifts to a more risk-averse stance.
Such a drop would suggest that the upward momentum observed in recent months could be a false rally, with DOT’s price unable to maintain its position above key support levels. Its failure to hold above $4 may prompt heightened selling pressure, especially when broader market conditions worsen or there’s a loss of confidence in Polkadot’s long-term prospects.
Additionally, a move below this critical support would raise the probability of a retest of all-time lows, which would be a significant bearish development for the token. In this scenario, patience and strategic re-entry points would become key factors for short and long-term holders.

Featured image from Adobe Stock, chart from Tradingview.com
#AirdropFinderGuide #Polkadot
$DOT

This evening, the SEC delayed its decision on a number of altcoin spot ETFs. While these decisions may come as a surprise to some coming from the SEC, which now has a crypto-friendly administration, Bloomberg analysts believe that despite the delays, many altcoin ETFs will eventually be approved.
The decisions announced by the SEC this evening were as follows:
SEC delays approval of Franklin's spot Solana ETF.SEC delays decision on Grayscale's spot Hedera ETF.The SEC has postponed its decision on staking for Fidelity's spot Ethereum ETF.SEC postpones decision on Franklin spot XRP ETFThe SEC has delayed Bitwise's application for a Dogecoin Spot ETF.
*This is not investment advice.
#ArizonaBTCReserve #HederaHashgraph
$HBAR
$DOGE
$XRP

Chainlink (LINK) price is drawing attention as technical patterns and market data point toward a possible price breakout.
Recent analyses show that LINK is forming bullish structures on various timeframes.
Analysts suggest that important resistance levels may soon be tested, with upside targets being set at higher ranges.
Bullish Cup and Handle PatternForming on Shorter Timeframes
On shorter time spans, Chainlink price established one of the classic technical formations known as the cup and handle.
A cup and handle pattern appears mainly in market consolidation periods and projects forward a sustained upward trend.
Chainlink moved toward its important resistance level between $15.30 to $15.50 and met rejection according to market analyst AMCryptoAlex.
He predicted that a reevaluation of the $13.8 to $14.0 range will occur before the next upward movement.
The analyst noted that a price bounce above $14 would push the price toward $18-$19 thus confirming the expected size of movements identified in cup and handle pattern measurements.

Source: X
Research analysts study the $14 support threshold to establish if Chainlink will sustain its ascent.
The market may advance toward additional gains after a strong performance from $13.8, and down below this level would extend the optimistic outlook.
Elliott Wave Analysis Suggests Further Upside Potential
Additional technical support for price analysis stems from Elliott Wave evaluation. The market analyst cryptclay found evidence showing Chainlink is currently in its fifth wave of a bullish impulse cycle using fundamental Elliott Wave principles.
Chainlink completed all four waves, beginning with I, then II, then III, then IV, and the analysis expects it to break out in wave V toward the $40 major supply region while passing through the $28–$32 resistance zone, according to cryptclay. Historical resistance guides the price targets at $31.85 and $45.50, which he has set.
LINK encountered a blockage at the $28–$32 key resistance barrier when it attempted previous price surges.
Most analysts predict the price may reach the $45 area after a breakthrough of the $28-$32 resistance level occurs.
LINK needs to experience growing market volume after breaking through resistance before analysts will confirm an Elliott Wave pattern that indicates bullish price action.
Binance Top Traders Increase Long Positions on LINK
Technical patterns of LINK show bullish signals that match the behavior patterns of traders who have been purchasing LINK.
The top traders on Binance platform have deployed consistent capital into LINK long positions throughout the previous seven days according to Binance data records.

Source: X
The percentage of long Binance trading positions at the top trader level reached 56.92% just four days ago.
The present LINK value exceeds the 64.85% threshold. LINK’s price shows signs of rising as most of its traders adopt extended ownership, indicating the anticipation of an upward price trend.
Long positions on Binance have demonstrated a constant upward movement through the Long/Short Ratio indicator data.
The current data shows the green area representing long positions in control alongside an upward climbing black line.
There is consensus among market analysts that positive price momentum will occur because they remain steadily accumulating LINK tokens.
Key Levels to Watch for Chainlink’s Next Move
Analysts have identified several key levels that could define Chainlink’s next move. The support zone around $13.8–$14.0 remains crucial in the short term.
A successful retest and bounce from this area could trigger renewed buying interest.
The initial significant resistance for Chainlink resides between $15.30 to $15.50. A breakthrough of Chainlink above this range with substantial trading volume will open the path to reach $18–$19, according to market analysts.
According to the bullish Elliott Wave analysis, Chainlink could aim for additional goals at $31.85, together with $45.50.
Chainlink’s long-term support zone between $5.50 and $8.50 has held firmly during past market declines.
With this strong foundation and current bullish developments, traders are closely watching for confirmation of a breakout.
#Chainlink #AbuDhabiStablecoin
$LINK

Nikhil Joshi, Chief Operating Officer at EMURGO, has taken a bold stance on the growing tokenization trend in the digital asset space. The Cardano insider has cautioned against the blind tokenization of anything and everything, as it does not always enhance liquidity.
Cautious approach to RWA tokenization
Joshi’s position was prompted by a user’s post on X, seeking his key takeaways from the "Emerging RWA Opportunities in 2025" panel discussion.
Joshi stated that he supports a measured, use-case-driven approach to tokenization. He is bullish on tokenized private credits, for instance, as they offer major short-term opportunities in the industry. This is because private credit is generally opaque and illiquid.
1. Private credit is the big immediate opportunity.
2. Don’t suffer from tokenitis - not everything needs to be tokenised (yet).
3. Tokenising assets that “work” well on existing rails doesn’t bring automatic incremental value or liquidity, but will serve purpose as collateral.— Nikhil Joshi (@No3of3J) April 29, 2025
However, tokenization could make it more transparent, easy to trade and efficient. Joshi maintains that "private credit is the big immediate opportunity" in the real-world asset (RWA) tokenization sector.
However, the EMURGO COO has discouraged "tokenitis," which is the idea of putting everything on a blockchain just because it is possible. Against the long-held myth, he noted that not all assets should benefit from tokenization.
According to him, teams should be strategic and not driven by speculation. To achieve this, the focus has to be on tokenization for real utility or problem solving, just like private credit.
RWA sector as catalyst for broader adoption
Joshi believes that tokenization does not necessarily need to enhance liquidity. It could help expand collateral options in blockchain-based finance, which could be useful in DeFi, enabling lending, staking or yield generation.
According to an earlier insight from U.Today, RWA can unlock global economic growth by bringing real-world value and regulatory compliance to blockchain technology.
Notably, RWAs can improve global access to investments and reduce fraud in the financial world. The application is not limited to cryptocurrency but could benefit traditional finance and attract users from both the crypto and noncrypto space.
Beyond Cardano, Ripple Labs is driving the tokenization agenda as it seeks to play a frontline role in this sector.
#Cardano #ADA
$ADA

Neo Legacy, the original version of the Neo blockchainlaunched in 2016, will cease operations by October as the project completes its transition to Neo N3.
Neo will shut down its original blockchain called Neo Legacy by the end of October, urging users and developers to migrate assets and smart contracts to Neo N3 before the deadline to avoid permanent loss.
Since launch in 2016, the Legacy chain has produced more than 14 million blocks, processed over 281 million transactions, and supported nearly 3 million addresses, the project revealed in an X post on Tuesday.
https://t.co/sRNqgNf9K7— Neo Smart Economy (@Neo_Blockchain) April 29, 2025
You might also like: Web3 won’t scale until wallets grow up | Opinion
Neo Legacy was succeeded by Neo N3, a newer blockchain launched in June 2021. Legacy’s testnetwill shut down on June 1, followed by the mainnet on Oct. 31, the team said in the announcement.
“After the shutdown, block production on Neo Legacy will come to a permanent halt. Users will no longer be able to transfer assets, migrate tokens to other networks, or deploy and develop smart contracts on the network. All core functionalities will cease.”Neo
A final snapshot will be taken before the shutdown to “preserve the historical state of the network for reference,” the Neo team said, adding that all assets and smart contracts on Neo Legacy “must be migrated to Neo N3 before the official shutdown,” as failing to do so will result in permanent loss.
Neo also said it would work with exchanges and provide migration support through official portals and its Discord community.
#NEO
$NEO

The Ethereum ecosystem has recorded its highest-ever number of active addresses, hitting 15.4 million in a single week. The surge is largely driven by activity on Layer 2 chains like Base and Unichain.
Layer 2 Networks Account for Majority of Ethereum Activity
According to on-chain data shared by analyst Leon Waidmann, Ethereum-compatible chains saw a 62.7% week-over-week jump in active addresses. Layer 2 networks now handle 6.65 times more transactions than the Ethereum Mainnet.
Related: Why ZKsync’s founder believes Ethereum’s real strength lies in staying neutral
Ethereum’s modular design pushes most user activity onto Layer 2 chains while using the Mainnet primarily for settlement, allowing the ecosystem to scale without compromising security.

Unichain and Base Outpace Ethereum Mainnet in User Growth
Among all the Ethereum Virtual Machine (EVM) chains tracked, Unichain reported the highest number of active addresses at 5.8 million. This figure accounts for 39.26% of the total and is notable given that Unichain is only two months old.
Base, another Layer 2 chain developed by Coinbase, followed closely with 4.76 million active users, or 32.21% of the total. Both chains outpaced Ethereum Mainnet, which recorded 2.06 million active addresses, representing 13.94% of ecosystem activity.
These figures demonstrate the accelerating shift from Ethereum Mainnet to Layer 2 alternatives. Users seek faster transactions and reduced fees, which these networks are designed to provide.
Cross-Chain Activity Signals Growing Interoperability
In addition to user growth, the ecosystem is becoming more interconnected. OP Mainnet led all chains in cross-chain activity, with 42.2% of its addresses interacting across multiple chains. Arbitrum One followed with 29.6%, and Gravity and Ink recorded over 25% each.
The data highlights Ethereum’s successful strategy in scaling through modular architecture. Rather than upgrading the base layer alone, Ethereum has enabled a thriving ecosystem of Layer 2 networks to share the workload.
These developments support Ethereum’s long-term vision of becoming a scalable and decentralized global settlement layer. The rise of emerging chains like Soneium, Gravity, and Taiko Alethia suggests ongoing innovation and diversification in the space.
Critics Question Reliability of Metrics
While the figures are notable, some market observers have raised concerns about the quality and implications of the data. William Peets commented that the 62% surge in active addresses is unlikely to be entirely organic.
“I think the Ethereum ecosystem is in good shape,” Peets said. “But presenting these types of stats as evidence of anything just reduces credibility.”
Related: Ethereum to Quadruple Gas Limit in Fusaka Upgrade: Report
Other community members echoed the skepticism, arguing that “active addresses” may not be a reliable indicator of meaningful user growth. One commenter noted, “Active addresses is a horrible metric. I don’t believe it in Solana, and I don’t believe it in Ethereum.”
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
#ETH
$ETH

Data published by the analytics account Lookonchain on the social media X platform (formerly widely known as Twitter) shows that institutional whales have started to accumulate Ethereum again.
This happened as the Ethereum price began to increase, adding 4.36% today and reaching $1,827 by now.
$50.24 million ETH withdrawn from Binance and Coinbase
The tweet shared that over the past few hours, a walletconnected to a major institutional crypto liquidityprovider Cumberland has laid its hands on a substantial amount of crypto — 27,632 Ethereum worth roughly $50.24 million have been withdrawn from Binance, Coinbase and Copper.
The screenshots show nine consecutive cryptocurrency transfers from the above-mentioned crypto trading platforms.
It seems that whales/institutions are accumulating $ETH !

Over the past 3 hours, a wallet linked to #Cumberland has withdrawn 27,632 $ETH ($50.24M) from #Copper, #Binance, and #Coinbase.https://t.co/2CNtRUpICk pic.twitter.com/FK0A68w1vT— Lookonchain (@lookonchain) April 29, 2025
Mike Novogratz's Galaxy Digitaldumps ETH
However, while Cumberland is accumulating the second-largest cryptocurrency, other institutions are getting rid of it. One of them is Galaxy Digital founded by former Goldman Sachs partner and early Ethereum investor Mike Novogratz.
OTC wallets of Galaxy Digital have deposited 23,900 $ETH ($42.52M) to #Coinbase in the past 8 hours.https://t.co/lD8tgkC4Py pic.twitter.com/HdTpVCc1ky— Lookonchain (@lookonchain) April 29, 2025
According to the same data source as above, Galaxy Digital has been selling ETH regularly in the past few months, and in the past 8-10 hours, it has transferred 23,000 ETH to the largest U.S.-based cryptocurrency exchange Coinbase. This amount of Ethereum was valued at approximately $42.52 million at the time of the transaction making.
Ethereum ETF flows turn positive
After weeks of outflows faced by spot Ethereum exchange-traded funds (ETFs), last week was green for Ethereum-based ETFs, and this week so far, too. Last week, these funds scooped up 31,199 ETH (that’s $55.5 million), with weekly inflows sitting at 20,518 ETH (Grayscale ETH Trust saw a withdrawal of 16,700 ETH). On Friday, BlackRock’s ETF absorbed 22,704 ETH, according to Lookonchain.
On Monday this week, Ethereum funds witnessed a netflow of 59,538 ETH worth $106.63 million. A total of 30,272 ETH went into BlackRock’s iShares ETF, and now it holds a total of 1,215,231 ETH valued at $2.18 billion.
Fidelity and Grayscale Ethereum Mini Trust faced inflows of 19,984 and 10,359 ETH. High inflows into these ETFs also indicate a growing retail and institutional interest.
#ETH
$ETH