XRP shows signs of strength with high spot demand, according to Binance
According to a recent analysis by Binance, XRP is going through one of its strongest phases in terms of 'spot premium' (spot price above futures), indicating strong demand for actual purchases. Unlike previous rallies, which were primarily driven by speculation in futures, this time the growth seems to be supported by more committed buyers.
The data also shows a steady increase in the number of addresses holding at least 10,000 XRP since November 2024. Even with a 35% correction in the early months of 2025, this accumulation suggests that many investors see long-term value, partly motivated by the potential approval of an XRP ETF in the U.S. and the favorable resolution of the case between Ripple and the SEC.
From a technical perspective, XRP is within a descending wedge pattern on the weekly chart, a figure that often anticipates a bullish reversal. If the price manages to break through the resistance of $2.52 strongly, it could reach $3.78 in June, representing a 70% increase. Otherwise, it could pull back to $1.81 before attempting a new push, with an intermediate target around $3 (+35%).
🔹 Cardano accelerates decentralized finance (DeFi) with the staking participation of the stablecoin Minataur, achieving an advantage over Ethereum in developer activity. 🔹 Cardano ADA ETFs are projected for 2025 to increase market capitalization and strengthen credibility through a measured capital influx.
Cardano se adelanta al futuro: Plan para resistir la computación cuántica
El avance de la computación cuántica representa un reto para la seguridad de las redes blockchain, y Cardano ya ha comenzado a prepararse para esta nueva era. Su fundador, Charles Hoskinson, ha presentado una estrategia centrada en cadenas de prueba (proof chains) y técnicas criptográficas avanzadas para reforzar la protección de la red. Microsoft y su hito en computación cuántica Las declaraciones de Hoskinson surgen tras el reciente anuncio de Microsoft sobre su chip cuántico Majorana 1, una t
Emerging Chains and Cross-Chain Dynamics: A 24-Hour Overview
In the rapidly evolving cryptocurrency landscape, the latest graph update highlights the interconnectedness of major blockchains, specifically Ethereum, Solana, Arbitrum, and BNB Chain. Here’s a step-by-step breakdown of the recent trends observed over the last 24 hours:
Increased Activity Across Chains: All major chains displayed heightened transaction volumes, with Ethereum leading the pack. Notably, new integrations were reported with both Base and Sonic, enhancing cross-chain functionalities.
Solana vs. Ethereum: Solana saw a resurgence in projects migrating from Ethereum due to its lower transaction fees. This shift is echoed in the graph, where connections between Solana and Base are strengthening.
Arbitrum's Growth: Arbitrum showcased a significant uptick in decentralized finance (DeFi) applications, further bridging it to Ethereum. The latest statistics indicate increased liquidity and user engagement.
BNB Chain's Strategic Moves: BNB Chain reasserted its market presence with new partnerships, particularly with Abstract and HyperEVM, emphasizing the importance of interoperability.
Rising Stars: Newer chains like Optimism and Gnosis are gaining momentum, as they are placed prominently in the graph. They are attracting developers seeking innovative solutions and efficiency.
In summary, the graph reflects an active and complex landscape where various blockchain protocols are increasingly intertwining, setting the scene for future innovations and greater market efficiency. Investors and developers should watch these trends closely as they unfold. Buraqcoin
#io #TopCoinsJune2024 perhaps the second best cryptocurrency on the market. It will go down a little, to try to establish a price range around $3USD, but a comeback will be inevitable. said my high astral. 😇