It’s an exciting weekend for crypto fans, and especially for those watching XRP closely. There’s been an update about Ripple’s case with the SEC, and while it’s not terrible news, it’s not great either.
According to an analyst, right now, XRP is trading around $2.43 — but the situation feels a bit shaky. Over the past three days, XRP tried to break through a key resistance level at $2.62, but it failed every single time. This isn’t a good sign because if buyers and big investors (like institutions) were strong in the market, XRP should have easily crossed that point. Even worse, instead of moving up, the price actually dropped below $2.50 yesterday.
At this stage, the market is leaning a little more bearish rather than bullish. According to the analysis, for XRP to look positive again, it needs to climb back above $2.50 — and ideally break past $2.62 with strong buying support.
If XRP continues to stay above $2.30, things are still under control. But if it falls below that level, traders should be ready for the price to drop closer to $2.00. That’s why the $2.30 support level is so important right now.
Be Ready for All Possibilities
Despite these short-term worries, the long-term outlook for XRP remains positive. Many still believe XRP could reach $10 by mid-2026 and even dream of a $100 price in the next five to ten years. But the road there won’t be smooth.
The crypto market is famously unpredictable. Prices can surge or crash without warning, and history shows that bull runs can be short-lived. While some believe the bull market might already be over after Bitcoin touched $110,000 and altcoins had their moment, others remain optimistic.
MicroStrategy which has rebranded to Strategy announced yet another major Bitcoin purchase. The latest purchase was made between April 21 and April 27. The purchase was completed on April 28, 2025 and has brought MicroStrategy’s total Bitcoin holdings to 553,555 BTC.
MicroStrategy Buys 15,355 Bitcoin For $1.42 Billion
As per the details from their announcement, this time the firm purchased 15,355 BTC for approximately $1.42 billion. The purchase was made at an average price of $92,737 per bitcoin. Company executive chairman Michael Saylor shared the news on X.
According to Saylortracker, the company’s Bitcoin portfolio is now valued at approximately $52.76 billion. This stash has seen a major pump from their cost basis of approximately $37.90 billion.
$MSTR has acquired 15,355 BTC for ~$1.42 billion at ~$92,737 per bitcoin and has achieved BTC Yield of 13.7% YTD 2025. As of 4/27/2025, we hodl 553,555 $BTC acquired for ~$37.90 billion at ~$68,459 per bitcoin. https://t.co/5OOs3UdWLg
MicroStrategy’s latest purchase of 15,355 BTC continues a pattern of aggressive Bitcoin acquisition that has accelerated in recent months. According to the company’s portfolio tracker, this latest purchase on April 28, 2025, follows several other purchases made in quick succession during the past six weeks.
On April 21, 2025, just one week prior to the latest purchase, the company bought 6,556 BTC for $555.8 million at an average price of $84,785 per bitcoin. This followed an April 14, 2025, purchase of 3,459 BTC for $285.8 million at $82,618 per bitcoin. Amidst the purchase, MicroStrategy and Metaplanet have seen a $5.1 million gain from BTC Treasury operations.
Strategy’s BTC Purchases From March Are Profitable
March 2025 was particularly active, with two major purchases: 22,048 BTC acquired on March 31 for $1.92 billion at $86,969 per bitcoin, and 6,911 BTC purchased on March 24 for $584.1 million at $84,529 per bitcoin. The company also made a smaller acquisition of 130 BTC on March 17 for $10.7 million.
All of MicroStrategy’s Bitcoin purchases from March 2025 to date are currently profitable. The company’s March 31 purchase of 22,048 BTC has generated the largest absolute profit at $179,377,818.72.
At $92,737 per bitcoin, this most recent purchase was executed at a price more than 35% higher than the company’s overall average acquisition cost of $68,459. Despite Bitcoin trading highly volatile, Saylor has shown no hesitation in continuing the accumulation strategy.
In his announcement tweet, Saylor highlighted the “BTC Yield of 13.7% YTD 2025” and shared attention to Bitcoin’s performance this year. MicroStrategy’s Bitcoin holdings now account for approximately 2.63% of the total circulating Bitcoin supply of 21 million coins. Bitcoin price was now trading $95,000 at press time.
The crypto market in 2025 is facing intense turbulence. The capitalization of once-hot trends like meme coins has plummeted. Capital has flowed out of decentralized finance (DeFi) protocols, driving DeFi’s total value locked (TVL) down from $120 billion to around $87 billion.
In this context, Sonic stands out. It has consistently hit new TVL highs, reaching $1 billion in April after growing nearly 40 times since the beginning of the year. So, what makes Sonic a bright spot amid a stormy market?
Investors Are Pouring Capital into Sonic
Sonic has made its mark with a rapid TVL growth rate, far outpacing better-known blockchains. According to DefiLlama, Sonic reached $1 billion in TVL within 66 days. In comparison, Sui took 505 days, and Aptos needed 709.
This achievement reflects strong capital inflows into the Sonic ecosystem despite the broader DeFi trend of capital withdrawal. Data from Artemis supports this, ranking Sonic as the second-highest netflow protocol this year—trailing only Base, a blockchain backed by Coinbase.
The growth goes beyond TVL numbers. Sonic’s ecosystem is attracting various projects, including derivatives exchanges like Aark Digital and Shadow Exchange and protocols such as Snake Finance, Equalizer0x, and Beets. These projects still have small TVLs, but they have the potential to draw new users and capital, fueling Sonic’s momentum.
However, the question remains: Can this capital inflow remain sustainable while the market fluctuates?
Andre Cronje on Sonic’s Potential and Strengths
Andre Cronje, the developer behind Sonic, shared his ambition in an interview to push this blockchain beyond its competitors.
“Sonic has sub-200 millisecond finality, faster than human responsiveness,” Andre Cronje said.
According to Cronje, Sonic isn’t just about speed. The platform also focuses on improving both user and developer experience. He explained that 90% of transaction fees go to dApp, not to validators, creating incentives for developers to build.
Unlike other blockchains, such as Ethereum, which are limited by long block times, Sonic leverages an enhanced virtual machine that theoretically processes up to 400,000 transactions per second. Cronje acknowledges, however, that current demand has yet to push the network to its full capacity. Still, these technical advantages make Sonic a compelling option for developers seeking more user-friendly dApps.
He also revealed new features on Sonic that have the potential to attract users.
“If your first touch point with a user is to download this wallet and then buy this token on an exchange, you’ve lost 99.9% of your users. They’ll use their Google off-email password, fingerprint, face, whatever it is, to access the dApp and interact with it, and they’ll never need to know about Sonic or token,” Andre Cronje revealed.
Risks and Challenges Ahead
Despite reaching impressive milestones, Sonic is not immune to risk. The price of its token, S, has declined significantly from its peak. According to BeInCrypto, it has dropped around 20% in the past month—from $0.60 down to $0.47—mirroring the broader market’s volatility.
Furthermore, Grayscale recently removed Sonic from its April asset consideration list. This decision reflects a shift in the fund’s expectations and raises concerns about Sonic’s ability to maintain its TVL should investor sentiment deteriorate.
Sonic also faces fierce competition from other high-performance chains like Solana and Base. Although Sonic holds a clear advantage in speed, long-term user adoption will depend on whether its ecosystem can deliver real value, not just high TVL figures.
Bitcoin is rebounding after tariff chaos, and public companies like Metaplanet are conducting major acquisitions. The firm bought $28.2 million worth of the asset, nearly a $2 million increase from last week.
However, despite this new confidence, Metaplanet’s stock has continued to perform shakily. The crypto market is showing cautious optimism, but that won’t immediately translate into major gains.
Bitcoin Rebounds as Metaplanet Increases Purchase Size
“Metaplanet has acquired 330 BTC for ~$28.2 million at ~$85,605 per bitcoin and has achieved BTC Yield of 119.3% YTD 2025. As of 4/21/2025, we hold 4855 $BTC acquired for ~$414.5 million at ~$85,386 per bitcoin,” he claimed.
Still, markets are showing cautious optimism, not a full rally. A quick look at some major crypto-related stocks will paint a clearer picture.
MicroStrategy rose over 4% in the last five days and nearly 6% in the last month, but it’s a pillar of confidence in BTC. Metaplanet, a much smaller Bitcoin holder, only fell 1.89% in the last five days but over 20% in the last 30.
In other words, it can be difficult to cleanly connect Bitcoin’s recent successes with major holders like Metaplanet. Compare two prominent US-based crypto miners, Marathon and Riot.
The former recovered from its slump in early April, while the latter only continued to drop. Coinbase, too, has only made brief rallies on a trend of continual decline.
While Bitcoin’s adoption has surged dramatically over the past year, there’s still a lot of uncertainty about tariffs and recession. Metaplanet may be in shaky territory right now, but its confidence in Bitcoin can provide a long-term sense of stability.
