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TL;DR

Peter Brandt apologized for past XRP criticism, praising the asset’s supporters and adopting a more bullish outlook.

Last year, former critic Charles Hoskinson expressed regrets for previous clashes with the XRP Army and proposed collaboration with Ripple on future projects.

‘I Admit My Rudeness’

Ripple’s XRP is one of the most popular cryptocurrencies, with its community (consisting of investors, proponents, and developers) comprised of millions of individuals. However, the asset also has its critics, and veteran trader Peter Brandt was one of them. 

In November 2020, shortly before the US SEC filed the lawsuit against Ripple, he claimed that the token “would have been declared as a security” if the agency “understood cryptos.” 

Brandt continued his bashing manifest in the following years. In May last year, he predicted the XRP/BTC chart “is headed toward zero.”

Lately, though, he has started softening his stance, outlining bullish price forecasts for Ripple’s native token. Moreover, he apologized to the XRP Army for his comments in the past:

“An Olive Branch to XRP holders. Accept it if you will, reject it if you must, but I offer it with good intent. Over the years, I have taken some hard shots at you and your XRP asset. I admit my rudeness.”

Brandt explained the motive of his skepticism with the fact that the asset’s price “has repeatedly over the years lost 80%, 90%, up to 97% of its value to BTC, which I consider to be the “store of wealth” standard.”

The trader noted that XRP proponents kept praising the asset even during times of substantial price crashes. “This pursuit I applaud. I joy in your success at present,” he added.

In conclusion, Brandt said he wishes all XRP investors the best. He stated that as a trader, his faith has never been in a single asset but “entirely based on my approach to cut losses quickly and allow for profitable trades.”

“I will stand by that faith. And I stand by my belief that any asset that routinely can lose 80% or more against a more stable asset is an insane way to grow wealth,” his statement reads.

Hoskinson’s Reaction

One of the people that noticed Brandt’s excuse was Cardano’s founder, Charles Hoskinson. Interestingly, he also quarreled with the XRP Army years ago. In 2022, for example, he criticized the community for being “toxic and petty.”

In November 2024, though, he apologized for his anti-XRP comments and even envisioned a possible partnership between the Cardano and Ripple ecosystems:

“I would love to find ways to build bridges and work with them just like we are building bridges with the Bitcoin ecosystem. There are many areas of potential collaboration that I could see: from Midnight interoperability with Ripple up to perhaps participating in this stablecoin that the Ripple ecosystem has been creating.”

The post Veteran Trader Peter Brandt Offers Truce to the XRP Army: Details appeared first on CryptoPotato.

Though market reality indicates it's exceedingly unlikely, Ethereum reaching $22,000 by 2025 is a bold prediction. However, with its remarkable development potential, Rexas Finance (RXS) is attracting interest as a new ETH competitor. At $0.175 right now, RXS is poised to transform actual asset tokenization and might rise to $20 by 2025. This paper investigates why RXS presents a more reasonable and profitable investment choice.

Ethereum Price Reaching $22,000 in 2025: Unrealistic Expectations

Many crypto community members have noted Ethereum's projection of $22,000 by 2025. Given the present dynamics of the market, this projection seems unrealistic, though. Although Ethereum has always shown its supremacy as the second-largest cryptocurrency, reaching such a noteworthy price mark would need unmatched market conditions, including major technological innovations, extensive institutional acceptance, and a continuous bull market. Ethereum trades with excellent resistance around $4,000 and support close to $3,300. Trading volume patterns usually indicate uncertainty among traders, driving prices higher. They show a decline at price peaks and an increase at price bottoms. A negative volume balance also raises questions regarding a possible trend reversal and implies declining momentum. Most analysts believe Ethereum's price in 2025 will fall between $5,000 and $10,000, so the $22,000 estimate is unrealistic. Ethereum's scalability problems and network upgrade delays further reduce the possibility of such a fantastic surge.

The Emergence of a Strong ETH Competitor

Although Ethereum's ambitious price target looks unreachable, another project causing ripples in the crypto scene is a strong ETH competitor. At $0.175 right now, Rexas Finance (RXS) has positioned itself as a revolutionary token in the crypto scene. Rexas Finance emphasizes tokenizing real-world assets (RWAs), allowing users to own or fractionalize holdings, including real estate, art, and intellectual property, unlike Ethereum, which suffers scalability and congestion difficulties. At Stage 11, Rexas Finance (RXS) has shown outstanding success during its presale. Beginning at just $0.03, the token has jumped almost sixfold and raised nearly $36.36 million thus far. The presale has attracted much interest because of its unique value proposition: enabling users to tokenize assets worldwide, guaranteeing seamless access to ownership possibilities from anywhere.

Rexas Finance (RXS) Surge to $20

Several elements helped Rexas Finance rise from $0.175 to $20, an 11,342% increase. First, the Certik audit of the token has raised investor confidence and trust by reassuring the platform's security and dependability. The platform's creative approach to RWAs fits the increasing demand in blockchain, where tokenization is seen as a revolutionary development. Furthermore, driving Rexas Finance's popularity is its continuous $1 million giveaway program. Provided they have at least $100 worth of RXS, perform specific requirements, and refer others to join the presale, the giveaway will grants 20 participants $50,000 worth of RXS tokens apiece. This program has generated much discussion and drawn over 776,000 people, increasing community involvement. Rexas Finance's solid market positioning and consistent development path help analysts estimate it may easily reach $20. The platform is a great contender for exponential expansion during the 2025 bull run since its focus on practical use distinguishes it from other cryptocurrencies.

The Future of Real-World Asset Tokenization

Rexas Finance is positioned as a leader in this field as growing interest in tokenizing real-world assets marks. The technology removes ownership restrictions and generates a decentralized worldwide market by letting users tokenize real estate, art, commodities, and intellectual property. Unlike Ethereum, which primarily addresses dApps and smart contracts, Rexas Finance meets a rising need for tangible asset representation on the blockchain. Rexas Finance's simplicity and accessibility make it much more appealing. The platform offers a flawless experience for new and experienced investors, allowing users to tokenize and trade assets efficiently. This unique capacity is expected to propel acceptance, particularly among institutional investors and those looking for exposure to real-world assets.

Conclusion

Although Ethereum's future to reach $22,000 in 2025 appears improbable, Rexas Finance (RXS) offers a convincing investment possibility with considerably more reasonable and outstanding development potential. At $0.175 right now, Rexas Finance presents investors with an opportunity to ride the wave of asset tokenization—a development likely to transform the blockchain sector completely. Presale success, Certik audit, and creative strategy help RXS to be positioned to reach $20 and beyond.

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Solana (SOL) was trading $186.94 at the time of writing, reflecting a 6.73% increase in the last 24 hours, despite recording a 13% decline over the past week. 

Trading activity has risen significantly, with the 24-hour trading volume reaching $5.43 billion, highlighting increased market participation, according to Coingecko. However, analysts caution that bearish pressures could push the price lower into the $160-$140 range before further upward movement.

Technical Analysis Shows Mixed Momentum

The Parabolic SAR indicator shows dots below the price, signaling a bullish trend. This indicates upward momentum, but the most recent red candlestick points to slowing momentum as the price briefly retraced after encountering resistance near $190.

The Stochastic RSI currently reads 46.79 (blue) and 68.59 (orange), showing momentum cooling off after reaching the overbought zone. This downward shift signals a possible bearish crossover, which could lead to a price correction toward the $185 level or lower in the short term.

Source: TradingView

The Klinger Oscillator, reading 452 against a signal line of 363, reflects ongoing bullish momentum. This suggests the potential for a retest of the $190 resistance, but a failure to maintain this level may push the price to retest support around $180.

Analyst Expects Further Downside Before Recovery

Crypto analyst Hov has projected that Solana may decline further into the $160-$140 range as part of its current market cycle. Emphasizing the importance of patience as the trend develops, Hov stated,

“The move off the low was three-waved and contained within the corrective channel.”

Source: X

The analyst also pointed out that the current price action aligns with earlier predictions of a dip to $170, a key level noted in prior updates. While this short-term decline may complete the second wave of the fifth market cycle, Hov suggests this setup could support higher price targets in the longer term once the corrective phase concludes.

On-Chain Data Reflects Bearish Sentiment Despite Volume Growth

Santiment data shows that Solana’s trading volume rose by 90%, climbing from 1.54 billion SOL to 4.35 billion SOL over 24 hours. This surge coincides with the weighted sentiment dropping to -0.18, reflecting a predominantly bearish outlook among market participants.

Source: Santiment 

The combination of rising trading volumes and negative sentiment suggests heightened sell-side pressure, as traders actively respond to their concerns. Such activity highlights that market participants remain cautious, even as trading volume grows.

With mixed technical indicators and bearish on-chain sentiment, Solana’s short-term trajectory remains uncertain, with both support levels and resistance levels under close watch.

FAQs:

What is Solana’s current price?

Solana is trading at $186.94, reflecting a 6.73% increase in the last 24 hours.

What is the projected downside for Solana?

Analysts predict Solana may dip to the $160-$140 range before recovering.

What does on-chain data show about Solana?

Solana’s trading volume surged 90%, while weighted sentiment dropped to -0.18, indicating caution.

The post Solana Jumps 6.7%, But Analysts Warn of Potential Drop to $140—What’s Next? appeared first on Coinfomania.

Right now, XRP is sitting at $2.59, up by a small margin of 0.17% from the last session. Over the course of the day, it’s been moving between $2.34 and $2.59, showing some intraday volatility but staying within a predictable range.

If we zoom out, things get a bit more interesting. Over the past week, XRP has slipped by about 4.94%, and if we look at the past month, it’s down roughly 7.09%. That might sound discouraging, but take a step back even further—a year ago, XRP was significantly lower, and it’s climbed an impressive 124.07% since then. That’s a solid gain for long-term holders!

XRP Price Analysis

Now, let’s talk about what the charts and indicators are showing us. The Relative Strength Index (RSI) is hovering around 53.09. What does that mean? Essentially, XRP isn’t overbought or oversold at the moment, leaving plenty of room for the price to go either way depending on market sentiment.

The Moving Average Convergence Divergence (MACD), another key indicator, is sitting in positive territory at 0.07, which leans bullish. It’s a hint that the overall momentum might favor upward movement if things align.

Looking at the moving averages, the short-term ones like the 10-day and 20-day are slightly below the current price. That could be a sign of some hesitation in the market, suggesting traders might be waiting for clearer signals before jumping in.

So, what does all this mean for XRP? Right now, it seems to be in a bit of a holding pattern, waiting for a catalyst to push it decisively up or down. If you’re trading, it’s worth keeping an eye on those key support and resistance levels—they’ll tell you a lot about where XRP is heading next. All in all, while there’s some near-term uncertainty, XRP’s long-term performance shows it’s still got plenty of life in it. It’s one to watch closely!

XRP Price Prediction

Predicting XRP’s exact price involves analyzing various factors, including market sentiment, technological developments, and macroeconomic conditions. Analysts anticipate that XRP may trade between $2.61 and $3.00, depending on market dynamics.

Additionally, a machine learning algorithm forecasts an upward trajectory for XRP, with prices reaching $2.70 by the end of January 2025. Some experts are more optimistic, suggesting that XRP could reach $27 in 2025 if certain market conditions are met. However, these XRP price predictions should be approached with caution, as the crypto market is highly volatile and influenced by numerous unpredictable factors.

Frequently Asked Questions (FAQs)

Is XRP a good investment?

Investment decisions should be based on individual risk tolerance, investment goals, and thorough research. Consulting with a financial advisor is recommended before making investment choices.

How does XRP compare to other cryptocurrencies?

XRP is often compared to other digital assets like Bitcoin and Ethereum. While Bitcoin is primarily a store of value and Ethereum offers a platform for decentralized applications, XRP focuses on facilitating efficient cross-border payments.

What are the risks associated with investing in XRP?

Risks include market volatility, regulatory uncertainties, technological challenges, and the speculative nature of cryptocurrencies.

Investment Risk Consideration

Investing in cryptocurrencies like XRP carries inherent risks due to their volatile nature. It’s essential to conduct comprehensive research, assess your financial situation, and consider your risk tolerance before investing. Diversifying your investment portfolio and consulting with financial professionals can help mitigate potential risks.