The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Cardano (ADA) has been making waves in the market lately, but some traders are starting to wonder whether its recent rally is really the start of a sustained upward trend—or just a short squeeze. As of February 20, 2025, ADA continues to hover below the $1 mark, a level that historically has signaled a potential breakout.
The PI network, which released its native token yesterday to its 60 million users, has gained more ground as it recorded a high of $2. The fully diluted value (FDV) reached as high as $195 billion during the initial rise, almost twice the value of the Solana blockchain's SOL.
The Pi coin finally launched on the mainnet today, which has already led to predictions on how high the crypto could rise following the launch. Now, crypto analyst Gem Hunter has provided a bullish outlook for the coin, suggesting that it could even surpass the XRP price after it gets listed on Binance.
Following Bitcoin's move over the $97K value, the Cardano price has also pumped. Although marginal (only 3% over the last 24 hours), this increase has been the result of constant updates, as well as the recent bi-weekly digest from the Cardano community.
XRP has been steadily recovering from recent price setbacks, showing strong bullish potential. The altcoin has been moving in an upward trajectory, backed by large wallet holders known as whales.
The same analyst who predicted the XRP price crash below $2.50 is now eyeing a surge as the altcoin navigates heightened volatility. The post Pundit Who Predicted XRP's Crash Now Says It's Ready to Soar – How High Can XRP Go? appeared first on Cryptonews.
Cryptocurrency mogul Mike Novogratz has weighed in on the staying power of the Ripple-affiliated XRP token during a recent appearance on "Galaxy Brain" alongside Pantera Capital founder Dan Morehead.
Amid market uncertainty, Ripple rival Stellar (XLM) has reached a critical make-or-break level, leaving investors and traders uncertain. The past few days have been unfavorable for the XLM token, with a 38% price drop. However, recent gains over the past two days appear to be shifting market sentiment.
With 200 million potential investors, will Brazil's XRP ETF reshape crypto adoption?
BBRL is slated for launch by the end of Q1 2025.
LIBRA's collapse triggered fraud claims, insider trading accusations, and calls for Argentine President Javier Milei's impeachment.
Cryptocurrencies traded in green on Thursday as Bitcoin reclaimed the key $97K mark. The global crypto market cap increased by 2% in the past 24 hours to $3.23 trillion, reflecting renewed optimism. Meanwhile, PI, TRON, and Solana topped today's charts for different reasons.
The US Securities and Exchange Commission (SEC) has taken a significant step by acknowledging XRP ETF applications from multiple asset managers, including CoinShares, Canary Capital, and WisdomTree. In response to the development, XRP lawyer John Deaton reflected on Ripple and XRP's evolution over the past four years.
XRP has defied market trends, posting a 297% gain against Bitcoin since November. Whale accumulation continues, reinforcing bullish sentiment.
Ripple and Brazilian financial heavyweight Braza Group have announced the launch of a new stablecoin on the XRP Ledger (XRPL). The stablecoin, called BBRL, is pegged to the Brazilian Real and is designed to offer secure, cost-effective solutions for both individuals and businesses.
ADA has risen by 3% in the past 24 hours, with its jump to $0.79 coming after Cardano voted with an 85% majority to ratify its first ever constitution. The post Cardano Ratifies Constitution with Overwhelming 85% Approval – Is ADA Set to Surge? appeared first on Cryptonews.
Cardano (ADA), the ninth largest cryptocurrency by market capitalization, has seen a 5% increase in price amid a slight rebound on the crypto market, which saw Bitcoin surpassing the $97,000 mark once again.
Solana (SOL) has posted mild gains of 0.4% in the past 24 hours as the token is struggling to stay above a key support area that traders believe could be relevant for its future performance.In the past 7 days, the native asset of the second-largest smart contracts platforms has shed 9.
Solana (SOL), popularly known as the "Ethereum killer," has recorded significant dominance over Ethereum (ETH) and Tron (TRX) in a key metric. In the last 24 hours, Solana has raked in $2.06 million in transaction fees.
Sol Strategies has purchased 12,456 SOL tokens for $2.66 million, increasing its total holdings to 226,798 SOL, while partnering with Tetra Trust to enhance institutional access to Solana staking. The post Sol Strategies Buys $2.66M in SOL, Partners with Tetra Trust for Staking appeared first on Cryptonews.
SOL, the native token of the Solana network, is one of the worst-performing cryptos in recent days. Once the darling of the meme coin crowd, the popular blockchain is facing its toughest test yet with its massive price drop and dip in network activity.
Solana (SOL) has seen a growing sense of caution among its long-term holders, as indicated by its Net Unrealized Profit/Loss (NUPL) metric. The NUPL tracks the profitability of coins held by long-term investors and has recently fluctuated between 0.4 and 0.6.
The Sonic price has jumped by 10% today, with its rise coming as the market becomes increasingly bullish about the rebranded token. The post Sonic Price Explodes 66% in Two Weeks – Is This the Next Solana? appeared first on Cryptonews.
Such a move would push DOGE to well above $0.3.
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A crucial call to action has been issued to XRP Ledger nodes and validators as the UNL migration to the new XRPL Foundation begins.
Cardano Foundation revealed that the network's community has officially ratified the blockchain's constitution, setting the stage for its implementation on Feb. 23. In a Feb. 19 post on X, the Cardano Foundation said: “The Cardano Constitution has been ratified.
On-chain data shows the XRP whales have participated in a large amount of net buying recently, a sign that could be bullish for the asset's price.
XRP's (CRYPTO: XRP) latest surge follows the SEC acknowledging CoinShares' spot XRP ETF filing and Donald Trump's media post referencing Ripple's business—fueling speculation about XRP's role in future crypto adoption. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.69 $155.6 billion +3.5% +10.3% Bitcoin (CRYPTO: BTC) $97,546.59 $1.93 trillion +1.5% +1.7% Ethereum (CRYPTO: ETH) $2,747.97 $331.4 billion +1.2% +3.5% Trader Notes: Crypto chart analyst Ali Martinez highlights that XRP is forming an ascending triangle, positioning for a breakout that could lead to a 26% rally.
In mid-February 2025, XRP experienced a strong resurgence in the cryptocurrency market. It enjoyed its first significant rally on February 13 and February 14, when it rose from about $2.40 to above $2.80.
XRP, the native token of the Ripple network, has experienced a period of downward movement, losing about 21.72% of its value in recent times. This decline was largely due to intensified selling pressure and broader market factors.
Ethereum co-founder Vitalik Buterin has voiced his disappointment with criticism that Ethereum (CRYPTO: ETH) is “bad and intolerant” for not embracing “blockchain casinos.” What Happened: In response to a query on Tako, Buterin revealed that the criticism is that Ethereum “do not respect casinos” on the blockchain.
XRP's market activity has taken a noticeable downturn as whale transactions fall off. According to the latest on-chain data, only 240 million XRP moved in the last 24 hours, suggesting a significant drop in large-scale transactions.
XRP trades at $2.69 on Feb. 20, 2025, as bullish momentum contends with critical resistance levels amid mixed technical signals. XRP The 1-hour chart shows XRP stabilizing between $2.65 and $2.75, forming higher lows within a tentative ascending trend. Immediate resistance at $2.75–$2.80 remains pivotal; a breakout with volume could propel prices toward $2.85.
Brazil's CVM has approved the world's first XRP-based ETF, managed by Hashdex, marking a significant step in institutional crypto adoption amid growing interest in XRP investment products.
The crypto market is showing signs of a recovery after weeks of bearish sentiment. Bitcoin (BTC) is up nearly 2%, reclaiming $97,000 as bullish sentiment returned after weeks of muted price action.
Amid the bustling crypto market, Brazil marks a historic turning point by approving the world's first XRP spot ETF, while a local bank prepares to launch an innovative stablecoin on the XRP Ledger network.
The relative balance between buying and selling pressure in the Cardano market has kept the coin's price in a narrow range since the beginning of February.
Today, buyers are trying to keep the price of the Ripple (XRP) coin above the moving averages.
VanEck, one of the top Wall Street asset managers with over $100 billion in assets under management remains bullish that Solana price will rally to $520 in 2025. This optimism comes despite Solana's struggle to reclaim $200 due to inflation concerns that have pushed the price down by 27% from its monthly high.
Solana (SOL) finds support near $160 as technical indicators hint at a potential reversal. With Coinbase introducing CFTC-regulated SOL futures, increased liquidity could drive a breakout toward key resistance levels.
Cryptocurrencies traded slightly higher across the crypto market on February 20. As top coins Bitcoin, Ethereum and XRP flipped green, the total market cap rose 1.6% to $3.2 trillion. BTC dominance remained high, at 60.2% and ETH dominance stood at 10.
XRP (XRP 3.76%) and Bitcoin (BTC 1.18%) have plenty of catalysts to support their future growth, and it's common knowledge that financial institutions around the world are adopting both coins for various reasons. But there's one new trend in particular that's driving those same financial institutions to take more interest in these two coins.
It's a major win for Ripple ($XRP) as Brazil's securities regulator Comissão de Valores Mobiliários (CVM) approved the world's first $XRP spot exchange-traded fund (ETF). The news is yet another big step in the company's expansion, which already includes partnerships with central banks.
The U.S. Securities and Exchange Commission (SEC) has set a deadline for deciding whether to approve multiple exchange-traded funds (ETF) that track the price of Ripple-promoted XRP directly.
As cryptocurrency market conditions rebound, Cardano price shows signs of recovery, signaling renewed momentum for the asset. Despite this rebound, ADA price has struggled to maintain consistent momentum eyeing more gains ahead.
Brazils Comissão de Valores Mobiliários (CVM) has approved the countrys first spot XRP exchange-traded fund (ETF), the Hashdex Nasdaq XRP Index Fund, set to trade on the B3 exchange. The decision, announced on February 19, coincides with an 8% surge in XRP price over the past 24 hours, pushing it to $2.72, just 20% below its all-time high.