The start to President Trump's second term in the US has been quite rocky to the crypto sector. Although Bitcoin soared to its highs of $109K in the initial days, the crypto sector also witnessed lows close to $70K levels due to the fears driven by Trump Tariffs and global market volatility.

Galaxy's token swap may reflect bearish sentiment around Ethereum, marked by a significant price correction and waning investor confidence.

On Tuesday, April 21, Paul Atkins was sworn in as the new chairman of the Securities and Exchange Commission (SEC). On Thursday, April 24, the SEC will hold a closed meeting — and many are speculating, could it augur the conclusion of the longstanding Ripple v.

Mike Novogratz's Galaxy Digital has reportedly executed a significant swap, transferring approximately $100 million worth of ethereum for solana. According to a post from Wu Blockchain, onchain data from Lookonchain reveals that Galaxy Digital transferred 65,600 ETH, valued at around $105 million, to Binance over the past two weeks.

Crypto inflows last week were modest at $6 million, as negative flows provoked by US economic indicators whitewashed significant gains made by mid-week.

As per Lookonchain Data, Galaxy Digital's recent actions suggest a strategic shift from Ethereum to Solana. Over the past two weeks, the firm deposited 65,600 ETH (worth $105.48M) to Binance—likely for selling—and withdrew 752,240 SOL (worth $98.37M), indicating fresh accumulation.

Digital asset investment products recorded modest net inflows of $6 million last week, reflecting an overall mixed investor sentiment, according to the latest CoinShares report. What Happened: The report highlights regional divergences and asset-specific trends, as investors responded to stronger-than-expected U.S. economic data and shifting macro conditions.

Ripple's dollar-pegged stablecoin, RLUSD, has officially launched on the Aave V3 Ethereum Core Market. Users can now supply and borrow RLUSD, marking a new step in Ripple's entry into the decentralized finance (DeFi) space.

Bitcoin price is rising and close to testing the barrier at $88,500, while the altcoins are not moving as they remain stuck below their respective resistance.

Bitcoin bouncing from the 50-day moving average and a push past late March resistance levels has definitely reawakened bullish sentiment. With BTC now holding around $88,450 and edging closer to reclaiming its 200-day moving average, the market's looking at $95,000 as the next stop.

Sentiment toward the asset class remains mixed but is showing "signs of recovery," Head of Research James Butterfill said.

Nasdaq-listed Upexi's shares jumped 630% after announcing a $100 million raise to build a Solana-based treasury, with 90% allocated to SOL acquisition.

With Colle AI, the multichain NFT platform powered by artificial intelligence, a significant expansion of its integrated functionalities with XRP is announced, bringing new possibilities for automation and creation in the digital landscape. With this update, the platform aims to redefine the interaction between blockchain, combining real-time automation and faster transactions thanks to the power of the XRP ledger. The extension of XRP functions within the Colle AI ecosystem represents a decisive step towards greater decentralized interoperability, contributing to the development of a Web3 that is smoother, faster, and more accessible to digital content creators.

Former Goldman Sachs executive Raoul Pal believes that one Solana (SOL) competitor looks to be in a position for a massive breakout. Pal tells his 1.1 million followers on the social media platform X that the Tom DeMark (TD) Sequential Indicator is flashing bullish for the layer-1 platform Sui (SUI).

XRP, SOL, and ADA are among the well-known altcoins deemed securities in the case.

Burwick Law, a New York-based firm, has raised legal concerns about Metaplex's plan to transfer over 54,000 unclaimed SOL, worth roughly $7.3 million, into its DAO treasury. In an open letter shared on X on Apr.

Galaxy Digital, one of the leading asset managers in crypto, shifted positions from Ethereum (ETH) to Solana (SOL).

Galaxy Digital, led by Mike Novogratz, has reportedly exchanged over $100 million worth of Ethereum (ETH) for Solana (SOL), signaling a notable shift in institutional crypto strategy. On-chain data from Wu Blockchain indicates that Galaxy moved 65,600 ETHaround $105 millionto Binance over the past two weeks, while simultaneously withdrawing approximately 752,240 SOL, valued near $98.4 million.

Cathie Woods ARK Invest has officially added Solana (SOL) to its portfolio, marking its first direct investment in the token. According to Solana Floor, the purchase was made via the SOLQ ETFa Canada-based staking fund that offers exposure to SOL and its staking rewards without requiring users to manage wallets or assets directly.

HashKey Capital, the investment division of crypto infrastructure firm HashKey Group, has unveiled Asias first XRP tracker fund. Announced via an X (formerly Twitter) thread on April 18, the move aims to drive institutional adoption of XRP, one of the leading digital assets for cross-border payments.

XRP has rebounded from $2.06 to $2.14 in the past 24 hours, gaining 3.49% as bullish momentum builds. The rally comes alongside a surge in trading volume, which jumped 50.45% to $2.43 billion, according to CoinMarketCap.

Ripple's RLUSD stablecoin goes live on Aave V3 with minimal activity, aiming to boost enterprise adoption and DeFi integration across platforms.

Fartcoin has just flipped Bonk to become the second-largest Solana memecoin by market cap, following a 15% rally that pushed its market cap above the $1 billion mark.

Galaxy Digital sells over $105M in Ethereum to buy Solana as ETH drops 50% YTD. Here's why institutions are shifting and what whale activity reveals about Ethereum's future.

Solana attracts major institutional investment, including a $100M PIPE deal with Upexi and increased corporate treasury adoption, pushing price toward potential breakout.

The speculations on a sooner-than-expected XRP lawsuit dismissal have soared as Paul Atkins has been sworn in as the new US SEC chair. Optimism surged as pro-crypto voices anticipated that Atkins would accelerate pro-digital asset reforms.

Astra Fintech has announced the launch of a $100 million fund aimed at accelerating innovation within the solana ecosystem. This initiative seeks to identify and support high-potential builders and startups, building on Astra's successful track record with projects like Mulex, DEPE, and Mone, and its sponsorship of the Seoulana event.

XRP holds at $2.08 as Ripple's Hidden Road acquisition and Coinbase's futures launch boost institutional adoption despite short-term price hesitation.

Upexi, a consumer goods firm listed on Nasdaq, saw its stock price skyrocket by 335% following its bold announcement to dive into the cryptocurrency space. The company raised $100 million, with plans to create a Solana (SOL)-backed corporate treasury. While $5.

Bloomberg analyst Eric Balchunas has estimated that there are a whopping 72 cryptocurrency-related exchange-traded fund (ETF) filings.

The Oregon Justice Department has recently filed a Coinbase lawsuit, sparking widespread attention and criticism. In a sharp rebuke, XRP lawyer Bill Morgan slammed Oregon's XRP complaint on Coinbase as “dystopian nonsense,” highlighting the state's apparent disregard for previous judicial decisions on token's status.

South Korean crypto exchange Bithumb announced late Monday that it is spinning off part of its non-digital currency operations into a new corporate entity to minimize risk across its business lines. The announcement, made through the country's official DART disclosure platform, revealed the restructuring will take effect on July 31, 2025.

According to on-chain data reported by Wu Blockchain, Galaxy Digital transferred 65,600 ETH, equivalent to approximately 105 million dollars, to Binance and subsequently withdrew 752,240 SOL, valued at approximately 98.37 million dollars. This operation represents a clear signal of strategy change by the company, which seems to want to reduce its exposure to Ethereum to decisively focus on Solana, a blockchain that in recent months has shown signs of steady and robust growth.

Coinbase Derivatives, a subsidiary of Coinbase Global, has launched regulated XRP futures contracts, expanding its offerings for U.S.-based crypto traders. The new products, whose launch was announced on an Apr.

In January 2025, the crypto industry made massive donations to Trump's investment fund. A month later, the SEC miraculously dropped its lawsuits against those same donors.

Bitcoin (BTC) held steady above $88,000 early Tuesday as the Japanese yen crossed the psychological level of 140 against the U.S. dollar, as tariff concerns and risks of a Federal Reserve chairman shuffle in the states broadened the appeal of safe-haven assets.

On-chain data shows a Solana whale has made a large withdrawal from Binance in the past day, a sign that could be bullish for SOL's price. Solana Whale Has Made A Large Transaction In The Last 24 Hours According to data from the cryptocurrency transfer tracker service Whale Alert, a massive transaction has been spotted on the Solana network during the past day.

According to Pine Analytics Report over 15,000 Solana memecoin launches on Pump.fun have been manipulated through the use of sniper wallets — automated wallets that purchase tokens the moment they go live and sell them within minutes for profit. However, in this case, it's not just opportunistic bots.

Under pressure for several months, XRP is back on the market's radar. After a 40% decline from its peak of $3.40, the asset may be about to undergo a strategic turning point.

However, XRP is actually down on the day.

As noted by Justin Slaughter, the VP of regulatory affairs at Paradigm, the Ripple-linked XRP cryptocurrency was named as an unregistered security alongside a slew of other tokens in a recent lawsuit against cryptocurrency exchange giant Coinbase by Oregon Attorney General Dan Rayfield.

Coinbase, the largest US-based crypto exchange, received regulatory approval from the CFTC (Commodity Futures Trading Commission) to launch XRP futures contracts through its derivatives arm.

Mike Novogratz's Galaxy Digital has apparently swapped $100 million worth of ether (ETH) for solana's SOL.

Coinbase is back in the legal spotlight, but this time, it's not the SEC knocking at the door. The Oregon Attorney General has filed a lawsuit against the crypto exchange, accusing it of offering and selling unregistered securities to users in the state.

Just days before Coinbase launched CFTC-regulated XRP futures on its U.S. derivatives platform, the Oregon Attorney General filed a lawsuit against the company, claiming that 31 cryptocurrencies sold on Coinbase — including XRP, UNI, LINK, AAVE, and MKR — are unregistered securities.

A renowned crypto market analyst has predicted that XRP price is eyeing a rally to $2.70 in sync with a market-wide recovery in recent days. Analyst Ali Martinez has forecasted a highly bullish outlook for the Ripple-backed token due to bullish chart formations, sparking optimism in sync with another dynamic that emerged recently.

Fresh on-chain data suggests Galaxy Digital may be offloading its Ethereum (ETH) holdings on the Binance exchange. Per the data, the company is pitching its tent with Solana (SOL), stacking up nearly $100 million worth of SOL over two weeks.

The idea of the U.S. government holding XRP as part of a national reserve might sound far-fetched—but it's a conversation that's actually gaining traction in parts of the finance and crypto world. The concept gained traction earlier this year following a private meeting involving Ripple executives, including CEO Brad Garlinghouse.