Since plunging to its year-to-date low of $1.61 on April 7, XRP holders have taken full advantage of the dip, ramping up accumulation efforts. This buying pressure has steadily increased the asset’s value over the past week.
At press time, XRP trades at a seven-day high of $2.19 and technical indicators show that it’s positioned to extend the gains.
XRP Golden Cross Drives Bullish Momentum
On the daily chart, a golden cross has formed on XRP’s Moving Average Convergence Divergence (MACD) indicator, which is often viewed as a key signal of a shift toward long-term upside.
When a golden cross emerges like this, it signals a positive shift in investor sentiment. Traders interpret it as a cue that buying pressure outpaces selling activity, which can attract even more inflows and drive the price higher.
For XRP, this golden cross occurred on April 11, reinforcing the growing bullish sentiment surrounding the asset. This pattern confirms that the altcoin’s recent price rebound is not just a short-lived reaction but may mark the beginning of a more sustained uptrend.
Further, the token’s positive Chaikin Money Flow (CMF) supports this bullish outlook. At press time, it rests above the center line and in an uptrend at 0.07.
The CMF indicator measures how money flows into and out of an asset. A positive CMF reading, as with XRP, means buying pressure is stronger than selling pressure over a given period. It suggests capital is flowing into the token, signaling accumulation and potential price growth.
XRP Maintains Uptrend—Next Stop: $2.50 or Back to $1.99?
Since its rally began on April 7, XRP has traded above an ascending trend line. This bullish pattern emerges when an asset forms higher lows over time, creating an upward-sloping support line.
It signals sustained buying interest in XRP and suggests that momentum is building in favor of the bulls as the token’s price continues to climb.
If demand soars, XRP could extend its gains and climb to $2.29. A successful flip of this resistance into a support floor could propel XRP to $2.50.
Coinbase, the leading US-based cryptocurrency exchange, has expanded its offerings by deciding to add trading support for two altcoins: BankrCoin (BNKR) on the Base network and Treehouse (TREE) on the Ethereum (ETH) network.
The crypto listings have spurred significant market activity, with both tokens experiencing short-term price surges following Coinbase’s announcement.
BNKR and TREE Secure Coinbase Listing
According to the exchange’s post on X (formerly Twitter), trading for BNKR is scheduled to begin around 9:00 AM Pacific Time (PT) on July 30. Coinbase clarified that the launch of the BNKR-USD trading pair will occur in phases.
“Coinbase will add support for BankrCoin (BNKR) on the Base network. Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on @Coinbase @CoinbaseExch in the regions where trading is supported,” the post read.
However, support for BNKR may be limited in certain regions, meaning that some jurisdictions could face restrictions on trading or access to the asset.
The listing followed BNKR’s inclusion on Coinbase’s listing roadmap, alongside Jito Staked SOL (JITOSOL) and Metaplex (MPLX). Both of these were listed on the exchange last week.
Additionally, Coinbase revealed that the listing of TREE, with trading commencing shortly after the initial announcement.
“Treehouse (TREE) is now live on Coinbase.com & in the Coinbase iOS & Android apps with the Experimental label. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets,” the exchange noted.
Notably, Coinbase listed TREE under the ‘experimental label’, signaling potential risks associated with its price volatility or limited track record. Meanwhile, the exchange’s move impacted the prices of both altcoins.
BankrCoin saw a dramatic price increase of 88%. The token quickly climbed from around $0.00050 to $0.00094, before settling at $0.00061. This reflected a 20.8% gain at press time.
BNKR and TREE Price Performance. Source: TradingView
TREE, an ERC-20 token, experienced a more modest price uptick. Its value rose from $0.65 to $0.72, a 10.77% uptick. Nonetheless, it erased all these gains to trade at $0.64, down 0.38% at the time of writing.
It is worth noting that TREE is a new entrant in the crypto market. The token launched yesterday and also managed to secure a Binance listing.
Binance is the first platform to feature Treehouse (TREE), with trading opening on July 29th, 2025, at 12:00 (UTC).
Eligible users can claim an airdrop of 100 TREE tokens on the Alpha Events page within 24 hours once trading begins by using Binance Alpha Points.
Furthermore, it has generated significant attention and emerged as one of the top trending cryptos on CoinGecko. The token’s 24-hour trading volume was $334 million, indicating heightened market activity.
Despite this, the token has faced headwinds. Since its launch, the price has declined approximately 43%. Nevertheless, this decline could be attributed to the selling pressure from the airdrop, a common occurrence with new tokens. Many tokens have experienced similar struggles after airdrops, as the influx of new holders leads to short-term sell-offs.
A recent report from Reown reveals that the on-chain ecosystem is maturing, with users expanding their engagement beyond trading activities. Many believe that payments and artificial intelligence (AI) will be crucial in driving the wider adoption of on-chain technology.
Despite optimism about crypto’s future, challenges such as fees, security, and interoperability persist.
The Future of Crypto Adoption
Reown shared its report, “The State of Onchain UX,” with BeInCrypto. It draws from a survey of 1,038 active crypto users in the US and UK, conducted between February 19 and February 26, 2025.
“For crypto payments to truly reach the mainstream, they must match the ease of traditional fintech experiences. Users should be able to transact effortlessly without needing to understand blockchain mechanics,” Reown’s Payments Product Manager Mirna Barca wrote.
AI is seen as another key driver, with 35% of users identifying it as a major catalyst for adoption. Nonetheless, while AI’s potential is acknowledged, there is some skepticism about blockchain’s role in AI development.
Only 29% believe the two technologies will complement each other. Meanwhile, just 18% see crypto as facilitating AI’s progress.
“Despite trading taking the crown when it comes to user activity today, payments and AI dominate as the two themes users feel will play bigger roles on a greater scale, suggesting that the leading services users access today does not reflect what they believe to drive its long-term value,” the report read.
Shortly after President Trump took office, the SEC established a crypto task force to create a clear regulatory framework for digital assets. In fact, new SEC chairman Paul Atkins has also stressed the importance of crypto regulation, calling it a ‘top priority.’
This focus has contributed significantly to industry optimism, and user data exemplifies that. 86% of users believe it will drive mainstream adoption, while 14% think it will slow innovation.
“We’re in the final throes of regulatory uncertainty in the US. In Europe, MiCA is finally taking shape, but a lack of precedent has kept innovators guessing, just like in the US. The industry is on the cusp of regulatory clarity but we aren’t quite there yet,” Marco Santori, Director of WalletConnect Foundation, remarked.
What Are the Top Factors Holding Back Widespread Crypto Adoption?
Confidence in on-chain security has risen significantly, with 69% of users feeling safe, up from 50.5% last year. However, so have phishing attacks. The number of phishing attacks reported by users has grown to 21%, up from 14.4%.
“Phishing attacks are up, and that’s a problem. But security UX still isn’t where it needs to be. If we can make transaction signing clearer and build in fraud protection, we can help users feel more in control,” Reown’s CEO Jess Houlgrave commented.
A notable 44% of users now use multiple wallets for security reasons, up from 32.8% in 2024. In addition, 18% of users cite security concerns, such as hacks and scams, as a barrier to engaging on-chain.
Challenges in Mainstream Crypto Adoption. Source: Reown
Notably, users also emphasized the need for interoperability, with 47% considering it very important. Additionally, 18% cited a lack of interoperability as a barrier. Despite this, only 14% listed it as one of the core issues that need to be resolved.
Therefore, the report draws attention to the need for developers to focus on real-world use cases, ensuring seamless, secure, and cost-effective user experiences. It also highlights a disconnect between user expectations, centered on payments and social apps, and current behavior, which remains heavily trading-focused.
“Understanding and addressing this dynamic will be critical to achieving true mainstream adoption,” the report noted.
With 67% of survey participants optimistic about crypto’s development, the on-chain ecosystem is poised for growth. However, addressing security, fees, and interoperability will be essential to unlocking its full potential and driving the next wave of mainstream engagement.
As we enter the first week of July 2025, the crypto market is gearing up for a series of significant token unlocks. Among the standout projects unlocking tokens are Sui (SUI), Ethena (ENA), and ZetaChain (ZETA).
These unlocks represent a crucial shift in token supply, which could lead to market volatility and potentially influence price movements in the short term.
1. Sui (SUI)
Unlock Date: July 1
Number of Tokens to be Unlocked: 44 million SUI (0.44% of Total Supply)
Current Circulating Supply: 3.39 billion SUI
Total supply: 10 billion SUI
Sui is a high-performance blockchain designed to provide scalability, low latency, and an architecture for decentralized applications (dApps). It distinguishes itself with an object-centric data model and the Move programming language, which seeks to address inefficiencies in existing blockchain architectures.
On July 1, the network will release 44 million SUI into the market, continuing its trend of cliff unlocks at the beginning of the month. The tokens are worth $122.3 million and represent 1.3% of the current circulating supply.
The unlocked tokens will be split 4 ways. The largest share, totaling 19.32 million SUI, is earmarked for Series B. Community Reserve will receive 12.63 million tokens. Early Contributors will gain 9.98 million tokens. Lastly, Mysten Labs Treasury will get 2.07 million SUI.
Meanwhile, SUI’s value has appreciated 11.3% over the past week. However, as the unlock nears, the price is down 1.4% over the past day.
2. Ethena (ENA)
Unlock Date: July 2
Number of Tokens to be Unlocked: 40.63 million ENA (0.27% of Total Supply)
The protocol will unlock 40.63 million tokens worth $10.9 million. The Foundation will receive all of the unlocked tokens, which account for 0.67% of the circulating supply.
The token unlock comes amid ENA’s less-than-strong start to the week. It dipped 0.2% over the past day. However, weekly gains stood strong at 10%.
3. ZetaChain (ZETA)
Unlock Date: July 1
Number of Tokens to be Unlocked: 44.26 million ZETA (2.1% of Total Supply)
Current Circulating Supply: 877.5 million ZETA
Total supply: 2.1 billion ZETA
ZetaChain is a blockchain that enables interoperability across various blockchain ecosystems, including those without native smart contract support, like Bitcoin and Dogecoin. It aims to unify the fragmented blockchain space.
On July 1, the network will release 44.26 million ZETA tokens, valued at $7.9 million. Core Contributors and the Protocol Treasury will get 13.13 million ZETA and 12.83 million ZETA, respectively.
Purchasers and Advisors will receive 9.33 million ZETA. The network has also allocated 5.25 million tokens to the Ecosystem Growth Fund.
The User Growth Pool will gain 2.63 million ZETA. Finally, 1.09 million tokens will be kept for Liquidity Incentives.
Similar to the other two altcoins, ZETA has also seen minor declines of 0.6% over the past day while rising 8.0% in the last seven days.
In addition to these three, Neon (NEON), Renzo (REZ), and dydx (DYDX) will also experience new supply entering the market. Over the next seven days, the market will welcome tokens worth more than $484 million.
