BNB Chain has activated the Maxwell HardFork on its testnet at block height 5,255,2978. This upgrade introduces shorter block times, improved scalability, and more efficient network operations. The upgrade is expected to support ongoing ecosystem expansion and attract developer testing across the network. BNB Chain Maxwell HardFork Advancements According to an X post, the Maxwell upgrade brings faster block production and aims to boost the efficiency of the BNB Chain network. The network now produces a new block every 0.75 seconds. In addition, it supports 16 consecutive block productions, helping to streamline transaction processing. These updates are focused on increasing throughput and reducing network congestion. With improved scalability, BNB Chain is positioning itself for broader adoption across different sectors, including DeFi, GameFi, and enterprise blockchain services. Developers and validators have been encouraged to begin testing the new features and tools introduced with the hard fork. Binance Chain stated in an… Read More at Coingape.com
March proved to be a challenging month for many altcoins, with several experiencing sharp corrections. However, as Q2 2025 approaches, some tokens are positioned to benefit from potential improvements in market conditions.
BeInCrypto has analyzed four altcoins that, while not on the verge, are closer than others to reaching new all-time highs.
Gate (GT)
GT is currently trading at $23.50, just 10% away from its all-time high of $25.96. To reach this level, the altcoin needs to breach and flip $23.94 into a support level. A successful break above this resistance could pave the way for further price gains.
Market conditions suggest that GT could experience a price increase in the coming days, provided investors refrain from selling at the sight of profits. If this occurs, GT could push past $25.96 and potentially form a new ATH.
However, $23.94 has acted as a strong resistance for the past two months. If GT fails to breach this level, it could fall back to $22.56 or even lower to $21.25. Such a drop would invalidate the bullish outlook and potentially extend the current downtrend.
BNB
BNB has made several attempts to reach its all-time high of $793 since December 2024 but has consistently failed to break the $741 resistance. Despite sharp declines, the altcoin has shown resilience, bouncing back each time, indicating some level of investor confidence and market interest in its future performance.
Currently, BNB is holding above the critical support block between $587 and $619, standing about 25% away from its ATH. If broader market conditions turn bullish, BNB could be poised to attempt a new ATH within the next month.
While BNB may face challenges at the $741 resistance level, strong support could push it through this barrier. However, if BNB fails to break $647 first, it could see a decline below the $619 support level. This would invalidate the bullish outlook and potentially extend the current downward trend.
MANTRA (OM)
OM’s price is currently trading at $6.58, still far from its all-time high of $9.17, requiring a 40% rise to reach that level. Despite this, the altcoin has significant potential to rally. A positive shift in market sentiment could drive it toward higher price levels.
Strong bullish momentum has fueled OM’s rise, with the altcoin reaching an ATH of $9.17 towards the end of February. The continued inflow into OM signals the possibility of another rally. If OM successfully breaches $7.02 and flips $7.74 into support, it would solidify the bullish outlook.
However, if OM fails to breach the $7.02 resistance, the altcoin could fall back to $6.17. This drop would likely continue its consolidation phase, as seen earlier this month, and invalidate the bullish thesis. A failure to break key resistance levels would limit price growth.
Cheems (CHEEMS)
CHEEMS, though a lesser-known coin, has been gaining bullish momentum this month. Earlier this week, the altcoin formed a new all-time high at $0.000002179. This recent price surge indicates growing investor interest and the potential for further gains if market conditions remain favorable.
For CHEEMS to form a new ATH beyond $0.000002200, it will need a 25% rally from its current price. The altcoin is likely to bounce off the $0.000001660 support level, which could help capitalize on the current bullish momentum. A sustained move above this level could signal further upside potential.
However, if CHEEMS fails to hold above the $0.000001660 support, it could face significant downward pressure. A drop below this level could result in CHEEMS falling to $0.000001461 or even as low as $0.000001132. Such a decline would invalidate the bullish outlook and may extend the downtrend.
XRP is one of the most utility-driven assets in the crypto space. It powers billions in cross-border payments, settles transactions in just 3 to 5 seconds, and is used by major banks and institutions globally. Despite all this, its price remains underwhelming. A recent post by All Things XRP lays out the reasons why and what could change soon.
OTC Deals Keep XRP Demand Hidden
One of the main reasons XRP’s utility doesn’t impact its price is how it’s being used. Most institutional players acquire XRP over-the-counter (OTC), not through public exchanges. So even though banks are transacting with XRP, that volume doesn’t show up in trading data. This disconnect keeps the price relatively flat despite high utility.
Hidden Road is a Trump Card
But things could soon shift. Ripple recently acquired Hidden Road, a prime brokerage that moves over $3 trillion a year. If even a portion of that volume starts running through the public XRP Ledger (XRPL), the demand would become visible to markets, possibly causing the price to spike. This could finally allow XRP’s real-world use to show up in price charts.
Speculation and ETFs Could Build the Bridge
Traders are paying close attention. The ongoing talks around an XRP ETF and Ripple’s expanding network of CBDC and financial partnerships are boosting sentiment. Speculation acts as a bridge between utility and price, and that bridge is currently under construction. Analysts say there’s an 85% chance of an XRP ETF approval this year, which could attract serious institutional money.
From Infrastructure to Price Impact
Unlike Bitcoin, which is seen as digital gold, XRP functions more like a financial rail. According to Teucrium’s CEO, XRP’s real-world use case might even surpass Bitcoin’s. As crypto markets evolve from hype to utility, XRP stands to benefit.
Many people get stuck on the idea of market cap (price × supply), thinking it limits how high XRP can go. But that’s a misunderstanding. For utility tokens like XRP, what matters most is how useful they are. If XRP becomes essential for global payments, price growth is inevitable, regardless of market cap.
Right now, XRP’s price doesn’t reflect its true potential. But with institutional pipelines growing, more public usage on the horizon, and ETF access likely, the gap between price and utility may soon close. Real-world use could finally drive real price movement.
On the flip side, Versan Aljarrah, CEO of Black Swan Capitalist, claims XRP’s true value has already been set behind closed doors by financial giants like JP Morgan and BlackRock, comparing it to a pre-IPO stock. He believes institutions see XRP as key to global finance and may value it far higher than its current market price, sparking debate over whether retail prices truly reflect its real utility.
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
The post Why XRP’s Price Isn’t Reflecting Its True Utility Yet? appeared first on Coinpedia Fintech News
XRP is one of the most utility-driven assets in the crypto space. It powers billions in cross-border payments, settles transactions in just 3 to 5 seconds, and is used by major banks and institutions globally. Despite all this, its price remains underwhelming. A recent post by All Things XRP lays out the reasons why and …
