While investors scan the horizon for an official announcement from World Liberty Financial (WLFI) over its USD1 stablecoin, on-chain data indicates significant activity. The USD1 stablecoin has recorded a daily trading volume of nearly $44 million following a soft listing on BSC and Ethereum.
USD1 Stablecoin Records $44 Million In Daily Trading Volume
According to data from Coingecko, USD1 stablecoin has recorded frenetic activity levels over the last 24 hours. Data from the crypto data aggregator, USD1 stablecoin has garnered a daily trading volume of $44.8 million over the last day.
The surge in daily transaction activity comes in the absence of an official exchange listing announcement of USD1 stablecoin. However, USD1 tokens are raking up impressive numbers following the soft launch on decentralized exchanges like PancakeSwap V3 on BSC. On-chain data reveals that the most active trading pair on PancakeSwap V3 is the USD1/WBNB with volumes of nearly $22 million.
Despite the 43,714% spike in daily transaction activity, total supply sits at just over the $7 million mark. WLFI cofounder ZachWitkoff reposted a tweet alluding to the soft launch of the USD1 stablecoin on Ethereum and BNB Chain.
“The stablecoin USD1, created by the WLFI ecosystem, has recorded $45 million in volume within its first 24 hours live,” wrote the pseudonymous Notaz.Sol on X. “Now available on BNB Chain and Ethereum, the strong debut signals growing interest and demand for USD1.”
USD1’s daily trading volume spike follows an airdrop proposal for WLFI holders early in the week in an attempt to drive adoption metrics.
When Will WLFI Announce An Official Exchange Listing?
Weeks after WLFI percolated the ecosystem with the announcement of USD1, the stablecoin is yet to make its debut on centralized exchanges. The delay in listing continues to stump investors but recent on-chain transaction volume indicates a major listing announcement is imminent.
A previous listing date prediction for USD1 fell through but enthusiasm is still running high for community members. Since the April 1 prediction did not pan out, eyes are fixed for a listing announcement before the end of April.
However, pseudonymous crypto analyst xHuai.eth opines that the listing will likely coincide with the passing of a new stablecoin bill in the US. Flowing from the official announcement for the USD1 stablecoin, the technical aspect for the listing is covered with Ethereum and BNB Chain tapped for launch, hinting at a potential listing.
USD1 is racing against other industry firstmovers like USDC and USDT and an early listing will give it an edge to snag a slice of the market share.
New SEC Chair:- There is so much happening in crypto and web3 as of now. The biggest gala of crypto leaders and champions is gathering at Token 2049 in Abu Dhabi.
Crypto market is turning bullish with BTC crossing $96,000 as of writing. XRP ETFs have been launched in Canada. Trade Fi and DeFi are integrating and innovating at an unprecedented pace.
Another such important happening is the sworn-in of new SEC Chair Paul Atlkins on April 21. Considered as the pro-crypto ally, he already has connections with the industry – holding around $6 million in crypto-related investments.
Atkins is serving out the remainder of former SEC Chair Gary Gensler’s term, which is set to expire on June 5, 2026.
From now, his over 1-year tenure as the chairman of the US’s top regulatory body – Securities and Exchange Commission (SEC) – will be pivotal for the crypto market and web3 industry.
Bitget CLO critically explains the impact of new SEC Chair on hottest trends of Web3, viz., Stablecoins, RWA Tokeniations, ETFs, regulatory clarity and expected legislations.
New SEC Chair to Led Path Towards Regulatory Clarity
Paul Atkins made his first public appearance as the new SEC Chair on April 25. In the first crypto roundtable, he sought for more clear crypto regulations for the web3 industry.
Bitget CLO Hon N. who has worked previously for Binance says, “Atkins is someone who has actively worked in the crypto industry. In the latest crypto roundtable, his message was regulatory clarity — and that’s what industry players really need.
Businesses are not asking for an open pass to do anything they want. Rather, we want clear guidance and no more confusion on what compliance looks like. Under Atkins’ leadership, we believe that the SEC will provide that clarity.
That clarity alone removes huge legal uncertainty and keeps innovation onshore.
He has called on the previous SEC administration for stifling innovation in the crypto industy from the last several years due to market and regulatory uncertainty.
During the roundtable speech, he has hinted changes to custody rules under the Exchange Act, Advisers Act, or Investment Company Act to accommodate crypto assets and blockchain technology. He is also working for a new crypto asset broker-dealer framework if needed.
As founder and CEO of Patomak Global Partners, new SEC Chair Atkins has advised numerous cryptocurrency exchanges and blockchain startups on regulatory strategy and compliance.
Since 2017, he is also serving as the co-chair of the Token Alliance which is a leading industry advocacy group that works to shape sensible crypto regulation. However, after taking office, he has resigned from both of these roles.
New SEC Chair Stakes in Securitize | Official Filings
With the increasing interest in crypto, there is a notable surge in ETF filings. There are a growing number of pending ETF applications with the SEC.
Nasdaq filed a Form S-1 today to list and trade shares of the 21Shares Dogecoin ETF. Bitwise’s proposal for a spot XRP ETF has entered its initial 90-day review window.
VanEck has also formally submitted a registration for a spot Avalanche (AVAX) ETF. Bitget CLO Hon N. seems bullish action likely for these applications with the new SEC Chair.
So, the SEC currently has over 70 altcoin ETF applications pending approval. And they are continuously delaying the decisions. It tells me that the Commission is likely working on a new framework for approval, says Bitget CLO Hon. from his over 18 years of experience in the legal and business fields, Paul Atkins might empower staff to grant “conditional approvals” for pending altcoin funds. He can set straightforward guardrails — like capital requirements and liquidity tests — so issuers know exactly which box to check.
However, these are assumptions — and while they might materialize, the new SEC chair has a lot on his plate, and not every single decision will be immediate.
Global ETF net sales totaled roughly $314.5 billion in Q1 2025. This was driven largely by the Big Three promoters—iShares (+$109.6 billion), Vanguard (+$104.0 billion), and Invesco (+$20.4 billion).
In 2024, the SEC initiated 33 crypto-related enforcement actions against major crypto companies including Ripple, Kraken. It imposed $4.98 billion in penalties for fraud and unregistered offerings.
Whatever rules the regulatory body makes under the new SEC chair will ultimately set the course for the web3 industry.
Bitget CLO believes, “Ideally Atkins should push Congress and his staff to tackle three core areas first. Stablecoin legislation tops the list: defining covered, fully-backed dollar tokens as payment instruments will secure consumer trust and let banking regulators step in.
Also, the tokenization framework needs clear, safe harbors for digital shares, bonds, and funds — aligning Investment Company Act requirements with modern platforms.
On stablecoins, he could deploy a dedicated Safe Harbor Pilot, allowing issuers to operate under transparent reserve‐audit and redemption rules for, say, 12–18 months while the SEC collects real‐world data.
Third, the SEC must finalize custody rules and a “special purpose broker-dealer” structure so exchanges and wallets can hold assets without jumping through hoops.
On the rule side, guidance on DeFi lending and staking will help protocols design compliant products. The Commission should also revisit crowdfunding limits to allow more projects to raise capital through transparent disclosures.
Can the new SEC Chair Solve the Hottest Debate of Disgreement
Classifying crypto assets as ‘security vs. commodity’ debate has been the most pressing debate for the US crypto market in the past five years. It has become the root cause of almost every major lawsuit the industy has witnessed.
Bitget CLO believes the new SEC Chair can extinguish this long-burning fire.
Atkins is uniquely positioned to draw a clearer line between securities and commodities. The recent guidance from the Commission’s crypto task force already treats fully-backed dollar stablecoins as non-securities and carves out other niche segments from SEC’s jurisdiction.
Building on that, I think he’ll lean on the Howey test’s focus on “investment contracts,” ensuring only tokens sold with profit-expectation marketing face securities rules. He has promised to work closely with the CFTC, banking agencies, and Congress to prevent overlap and confusion.
Ultimately, Atkins’ approach should leave true payment and commodity tokens in the CFTC’s scope, while investment-style tokens land squarely under SEC authority.
Can SEC turn from an Aversary to Friend for Web3
The new SEC chair can chart a new course of regulatory history by pionerring pro-crypto legislations in the country. His over 1-year tenure leaves the web3 companies and leaders hoping for better prospects and favourable landscape.
Bitget CLO concludes, eyeing “Atkins’ future industry roundtables on tokenization and DeFi. We’ll finally get targeted rules instead of broad fears.
While he won’t let fraud go unchecked, his focus on cost-benefit analysis and legislative fixes means the SEC will likely act more like a partner than an adversary.
In the long term, I expect him to propose joint roundtables with the FCA and EU authorities and to support global bodies like the Financial Stability Board in drafting voluntary guidelines. That collaborative stance will nudge national regimes toward a more interoperable, globally coherent rulebook.
My last advice for him would be to establish clear pilot programs. Instead of decades-long rulemakings, he could set short-term Safe Harbor Pilots with defined metrics for stablecoins, tokenized securities, and ETFs.
Ripple’s XRP token climbed 2.3% on Wednesday, crossing the $2.20 level for the first time in two weeks as ETF optimism gripped altcoin markets. The XRP price breakout follows a sustained consolidation below the $2.10 technical resistance zone that had capped gains since early April.
US SEC Review 72 Altcoin ETF Applications | Source: X.com/EricBalchunas
The broader crypto market witnessed moderate gains midweek, buoyed by expectations of a more favorable regulatory outlook following recent changes at the U.S. Securities and Exchange Commission.
Notably, Ripple price outperformed rival altcoins like BNB and Tron (TRX) on Wednesday. This is attributed to recent comments from Bloomberg’s Chief ETF Analyst Eric Balchunas suggested that the SEC may be nearing decisions on 72 altcoin ETF applications—most notably for XRP, Litecoin (LTC), and Solana (SOL).
Markets now pricing in 30% SOL ETF approval odds
Betting activity on decentralized prediction market Polymarket indicates that crypto investors have priced in a 32% chance of ETF approval for key altcoins. This reflects a 10% increase following the official swearing-in of Paul Atkins—known for his pro-crypto stance—as the new SEC Chair under the Trump administration.
Solana ETF Approval Odds hit 32%, April 24, 2025 | Source: Polymarket
Atkins’ appointment has heightened expectations that the regulatory body will pivot toward a more friendly stance on altcoin etfs in reviews, especially those with established market depth like XRP.
However, the current market structure also carries risks. With such high expectations, traders should be cautious of potential “sell-the-news” dynamics. Strategic investors may seek to offload positions upon official ETF approval, dumping on retail buyers.
Analyst Oscar Ramos $5 prediction remains in play
Technical analyst Oscar Ramos reaffirmed his long-term bullish outlook on XRP earlier this month, predicting the token could reach $5 by the end of 2025. In a video published on April 9, Ramos outlined an Elliott Wave scenario in which XRP completes a long-term bullish breakout, driven by institutional flows and regulatory clarity.
Ripple (XRP) price action, April 9 to April 23 2025 | Source: TradingView
Since Ramos’ prediction, XRP has surged 33% from $1.72 to $2.25, reinforcing confidence in his medium-term thesis. The rally has coincided with heightened interest from ETF speculators and broader anticipation of increased altcoin legitimacy under the new SEC regime.
Should the ETF verdict fall in XRP’s favor and institutional allocations materialize, Ramos’ $5 target could shift from speculative to structurally plausible. However, any delays or unfavorable rulings would likely delay that timeline, reinforcing the caution as market trends remain volatile.
XRP price continues to trade within a cautiously bullish structure after gaining over 33% in the last two weeks, closing Wednesday at $2.2257. Price action on the daily chart suggests a breakout attempt from a tight consolidation range that held since April 10, with XRP briefly testing the upper Donchian Channel band at $2.3010. This level marks immediate resistance, and a daily close above it could validate bullish continuation toward the $2.50 zone.
XRP Price Forecast Today
The 14-day rally, measured from the recent $1.72 swing low, occurred on increasing volume (2.57B) and signals solid market participation, a key condition for sustainable upward momentum.
The RSI-based oscillator (RSiOMA) shows a strengthening trend, with the green RSI line crossing above its moving average and holding near 49, suggesting buyers remain in control, though not yet in overbought territory.
However, failure to breach the $2.30 resistance could expose XRP to a pullback toward the $1.95 midpoint support.
A decisive rejection here may fuel a short-term correction, particularly if broader market sentiment falters or traders sell the news following ETF verdict speculation. For now, the structure leans bullish with an eye on $2.30 as a make-or-break level.
As Ethereum (ETH) continues to struggle with fluctuations in its price, which has been influenced by various factors including Bitcoin (BTC)’s ongoing dominance, DeFi’s growth, and external market events, investors are increasingly looking for alternatives that offer a different kind of potential. One such alternative is Coldware (COLD), a rising Layer 1 Web3 cryptocurrency that could be poised to challenge Ethereum’s dominance in the market.
The Emergence of Coldware (COLD) as a New Web3 Solution
Coldware (COLD) offers a promising new approach to blockchain technology, built on a Layer 1 protocol designed for Web3. By focusing on IoT integration and providing low-fee transactions with high scalability, Coldware (COLD) could provide the solutions that Ethereum (ETH) struggles to achieve. While Ethereum (ETH) is tied to smart contracts and DeFi, Coldware (COLD) is opening up a new frontier by focusing on real-world applications, making it a potentially disruptive force in the blockchain space.
With its Layer 1 technology and growing presence, Coldware (COLD) is drawing attention from investors and developers who are looking for a blockchain solution that is not only efficient but also scalable. As Coldware (COLD) approaches the final stages of its presale, it is gaining ground with those who feel that Ethereum’s (ETH) current limitations are hindering future blockchain advancements.
Ethereum’s Price and the Future of DeFi
Since its meteoric rise in 2021, Ethereum (ETH) has been deeply intertwined with the DeFi (Decentralized Finance) sector. Ethereum’s (ETH) technical advancements, such as the Berlin update and the Ethereum Merge, aimed at reducing transaction fees and improving scalability, drew a lot of interest. However, Ethereum’s (ETH) journey has not been without obstacles. In late 2022, Ethereum (ETH) faced a massive price dip, exacerbated by the collapse of FTX, which caused the coin to significantly drop from its high of $4,400 to $1,937.39 by March 2025.
Despite these setbacks, Ethereum (ETH) continues to be at the heart of the NFT and DeFi movements. It facilitates everything from decentralized lending to NFTs, but it has faced increasing scalability issues and high transaction costs. These factors have led investors to question whether Ethereum (ETH) can continue to lead the pack, or if new players, like Coldware (COLD), will take its place.
Could Coldware (COLD) Be the Next Big Thing?
While Ethereum (ETH) remains crucial in the current blockchain ecosystem, its slow pace of scalability improvements and high transaction costs may drive users and investors toward more scalable alternatives. Coldware (COLD)’s growing popularity, paired with its real-world use cases, suggests that it could be the new face of Web3 technology. Investors looking for something beyond the traditional DeFi model might find Coldware (COLD) to be the next big opportunity.
Conclusion: Ethereum’s Struggles and Coldware’s Potential
As Ethereum (ETH) continues to face challenges, Coldware (COLD) offers a new, forward-thinking solution for the next phase of blockchain development. While Ethereum (ETH) remains a major player in the blockchain space, its struggles with scalability and costs may leave the door open for Coldware (COLD) to emerge as the next big blockchain revolution.
Coldware’s (COLD) focus on IoT, low transaction fees, and scalability positions it to take advantage of the weaknesses in Ethereum’s (ETH) current infrastructure, making it an attractive option for the next wave of blockchain innovation. As Bitcoin (BTC) shows signs of resistance at $84,400, and with Ethereum (ETH)facing challenges, Coldware (COLD) could rise to meet the demand for a more scalable and efficient blockchain solution in the Web3 space.
For more information on the Coldware (COLD) Presale:
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As Ethereum (ETH) continues to struggle with fluctuations in its price, which has been influenced by various factors including Bitcoin (BTC)’s ongoing dominance, DeFi’s growth, and external market events, investors are increasingly looking for alternatives that offer a different kind of potential. One such alternative is Coldware (COLD), a rising Layer 1 Web3 cryptocurrency that …
