Dubai just gave Ripple’s new stablecoin a big win. The city’s financial regulator, the Dubai Financial Services Authority (DFSA), has approved RLUSD as a recognised crypto token for use inside the Dubai International Financial Centre (DIFC) — a move that will help Dubai’s push to position itself as a global hotspot for digital finance.
While regulators in the US and Europe are still tightening their grip on crypto, the UAE is moving in the opposite direction — welcoming new players and clearing a path for blockchain-powered financial services. Ripple’s RLUSD is the latest to benefit from this approach.
“This isn’t just about another stablecoin getting approved. It’s a sign of where the market’s heading — and Dubai wants to be at the centre of it. We built RLUSD for transparency and reliability, and this is an important step for our expansion in the region,” said Jack McDonald, Ripple’s Senior Vice President of Stablecoins.
Stablecoin use in the UAE has jumped 55% over the past year, as businesses look for faster, cheaper ways to move money. With over 7,000 firms now active in the DIFC, Ripple’s approval opens new doors for both local and international financial services.
XRP Price Gains 2%
XRP price has gained 2% in the last 24 hours and is trading at $2.20 at the time of writing. After hitting levels below $2.15, the token is showing some bullish strength. XRP should first reclaim the $2.23 mark to confirm a bullish reversal. Furthermore, catalysts like the recent RLUSD approval are expected to push the prices higher.
However, XRP has been trading between $2 and $2.50 in the last two months. It remains to be seen if June will bring back the bullish rally.
Core Scientific (CORZ), Robinhood Markets (HOOD), and Strategy Incorporated (MSTR) are drawing attention today. CORZ rose after appointing Elizabeth Crain to its Board and reinforcing its shift toward AI infrastructure.
HOOD confirmed a $250 million CAD acquisition of WonderFi, expanding into Canada and going head-to-head with Wealthsimple. MSTR bought 7,390 BTC for $765 million, raising its total holdings to over 576,000 BTC, while facing a class-action lawsuit over its Bitcoin-focused strategy.
Core Scientific (CORZ)
Core Scientific (CORZ) closed yesterday with a modest gain of 0.65% and is already up 5% in pre-market trading, following the appointment of Elizabeth Crain to its Board of Directors.
Crain brings over thirty years of experience in investment banking and private equity, having co-founded Moelis & Company and held senior roles at UBS. She will also Chair the Audit Committee, a key position as Core Scientific continues its strategic shift toward AI-related infrastructure.
Her appointment, along with Jordan Levy’s being named Chairman, marks a pivotal moment for the company as it enhances its leadership team amid a broader transition in business focus and operations.
CORZ’s chart shows signs of renewed strength, with a potential golden cross forming on its EMA lines. Analyst sentiment remains overwhelmingly bullish—16 out of 17 analysts rate the stock as either a “Strong Buy” or “Buy,” with a one-year price target averaging $18.28, representing a 68.49% potential upside.
If momentum holds, the next key resistance level is $13.18, which could be tested in the short term.
However, investors should watch for support at $10.34; if it fails, the stock may retrace to $9.45 or even $8.49.
The deal, which offers a 41% premium over WonderFi’s last closing price, will bring WonderFi’s 115-person team and established crypto brands—Bitbuy, Coinsquare, and SmartPay—under Robinhood Crypto’s umbrella.
Robinhood Crypto executive Johann Kerbrat recently emphasized the company’s focus on tokenization and financial accessibility, highlighting how fractionalized assets like real estate can open up previously inaccessible markets to everyday investors.
The company submitted a 42-page proposal to the SEC seeking a federal framework for tokenized real-world assets. It aims to bring traditional financial markets on-chain with legally recognized asset-token equivalence.
HOOD shares closed up 4% yesterday and are up slightly in pre-market trading, extending a remarkable 56% rally over the past 30 days. Technically, the stock’s chart shows strong momentum, with its short-term EMA lines clearly above the long-term trend—suggesting sustained bullish sentiment.
The next key resistance sits at $66.15; a clean break above that could push HOOD into uncharted territory, surpassing the $70 mark for the first time and establishing new all-time highs.
Strategy Incorporated (MSTR)
Strategy (formerly MicroStrategy) has added another 7,390 BTC to its corporate treasury, spending approximately $765 million as Bitcoin traded above $100,000.
This latest accumulation brings its total holdings to 576,230 BTC—acquired for $40.2 billion—now valued at over $59.2 billion, reflecting an unrealized gain of roughly $19.2 billion. However, the aggressive Bitcoin strategy continues to attract scrutiny.
The company and its executives, including Executive Chairman Michael Saylor, have been hit with a class-action lawsuit alleging they misrepresented the risks tied to their Bitcoin-centric investment approach.
Strategy is still the largest corporate holder of Bitcoin, despite legal pressure. Its Bitcoin-first approach has inspired similar treasury strategies in Asia and the Middle East.
MSTR closed yesterday up 3.4% and is down 0.47% in the pre-market. The stock is up nearly 43% in 2025. It is trading near key support at $404; if lost, it could fall to $383.
If momentum returns, MSTR could rise to $437. Analyst sentiment is strong—16 out of 17 rate it a “Strong Buy” or “Buy.” The one-year average price target is $527, implying a 27.5% upside.
Fresh reports from the International Monetary Fund (IMF) indicate that El Salvador is complying with loan conditions. One key aspect of the loan conditions revolves around the halting of Bitcoin purchases with public funds, but President Nayib Bukele is keen on sidestepping hurdles.
El Salvador Halts Bitcoin Accumulation To Comply With The IMF
According to details of a press briefing by the IMF’s Western Hemisphere Department, El Salvador has paused its Bitcoin purchases with public sector funds. Rodrigo Valdes, the IMF’s Director of the Western Hemisphere Department, confirmed the changing government stance to achieve compliance with loan conditions.
As part of a $1.4 billion loan deal, the IMF required El Salvador to halt public sector accumulation of Bitcoin. Despite initial pushback from President Nayib Bukele, Valdes confirms that the government is holding its end of the bargain.
Valdes disclosed that El Salvador is in full compliance with its loan obligations, squashing speculation that the country violates its terms.
“In terms of El Salvador, let me say that I can confirm that they continue to comply with their commitment of non-accumulation of bitcoin by the overall fiscal sector, which is the performance criteria that we have,” said Valdes.
Apart from shuttering its public sector BTC accumulation, the IMF notes that the country is also ticking the boxes in fiscal transparency and structural reforms. With the current Bitcoin price close to $100K, the value of El Salvador’s 6,158 BTC stands at $583 million.
Nayib Bukele Continues Daily BTC Accumulation
Despite the requirement against public sector Bitcoin purchases, the Latin American country continues to stack up its BTC holdings. According to data from the National Bitcoin Office, El Salvador is buying one Bitcoin per day in defiance of the IMF.
Rather than limit its BTC accumulation to public sector funds, El Salvador’s President Nayib Bukele is exploring alternative sources. Bukele has previously disclosed that the country’s Bitcoin accumulation will continue amid IMF pressure to limit its options.
The National Bitcoin Office has not publicly disclosed its funding sources for the daily BTC purchases, stoking a wave of speculation. The consensus is that the government is tapping non-public sector entities to power its daily Bitcoin accumulation spree.
The country may be funding its daily purchases from the profits of its Strategic Bitcoin Reserve, with the average purchase price sitting at around $44,000. Other countries, keen on mirroring El Salvador’s lead, are eyeing a Strategic Bitcoin Reserve, with Samson Mow making a strong case for Japan.
Apart from financial inclusion and reducing its dollar dependency, President Bukele is eyeing a raft of economic benefits. Cathie Wood’s Ark Invest predicts the Bitcoin price to climb as high as $1.5 million per BTC by 2030, potentially sending the value of El Salvador’s holdings to astronomical levels.
Solana (SOL), a notable player in the blockchain world, continues its remarkable trajectory with its price currently sitting at $152.96. Recent developments, including an $18 million purchase of SOL tokens by SOL Strategies and bullish technical indicators suggesting a rally to $220, have solidified its position as one of crypto’s heavyweights.
However, while Solana thrives on institutional interest, Ruviis carving a path for those aiming to unlock unprecedented gains in this dynamic market.
Solana’s Bullish Developments
Solana’s recent performance has been fueled by significant milestones, drawing both investor interest and market optimism.
Institutional Investment: SOL Strategies, a Toronto-listed asset firm, invested a staggering $18 million into Solana tokens at an average price of $148.96. This move underscores Solana’s growing appeal among institutional players.
Bullish Chart Pattern: Technical analysis points to a bull flag pattern, hinting at a potential price rally of up to 53%, placing Solana’s price target at $220.
Ecosystem Growth: Solana boasts a record $13 billion stablecoin market cap, growing by 156% this year. Its Total Value Locked (TVL) has surged by 25% in just one month, reaching $7.65 billion.
While these achievements affirm Solana’s long-term prospects, the appeal of projects like Ruvi lies in their ability to deliver exponential returns that established cryptos like SOL can no longer match.
Why Ruvi Is the Standout
Ruvi is an emerging cryptocurrency that blends innovative AI-driven solutions with blockchain technology, positioning itself as a high-growth opportunity in its presale phase. With tokens priced at $0.01, Ruvi offers a golden chance for early adopters to capitalize on explosive returns.
Key features that set Ruvi apart include:
Token Scarcity: Ruvi offers a 1.5 billion token supply cap, ensuring greater demand as adoption rises.
Ground-Floor Opportunity: Unlike Solana, which has already seen exponential growth, Ruvi provides the chance to enter at the start of an anticipated major uptrend.
Comparing Ruvi to Solana in its early days highlights the potential for similar, if not greater, breakthroughs.
Ruvi Investment Scenarios
Consider these potential investment outcomes to understand Ruvi’s financial power:
$500 Investment
With $500, investors can acquire 50,000 tokens during the presale. Add a 40% bonus, and the total becomes 70,000 tokens. If Ruvi reaches $2, this translates to a portfolio worth $140,000.
$3,000 Investment
A $3,000 investor secures 300,000 tokens, expanding to 540,000 tokens with an 80% bonus. If Ruvi climbs to $3 per token, the value skyrockets to $1.62 million.
$10,000 Investment
For high-stakes investors, $10,000 provides 1,000,000 tokens, which double to 2,000,000 tokens with a 100% bonus. When Ruvi reaches $3, this turns into a staggering $6 million.
Solana vs. Ruvi
Solana’s growth highlights its undeniable strength in the blockchain space. However, for those seeking life-changing returns, the early-stage advantage of Ruvi cannot be ignored. Investing in Ruvi today mirrors those who entered Solana when it was priced at single digits.
Don’t Miss the Opportunity
The cryptocurrency market rewards foresight, and Ruvi embodies the next massive wave for early-stage investors. Solana’s impressive metrics position it as a solid long-term player, but Ruvi is where the real opportunity for exponential growth lies.
Secure your stake in Ruvi now and harness the future of blockchain innovation. Whether your starting point is $500, $3,000, or $10,000, Ruvi offers the potential to redefine your financial landscape.
The post Solana Shows Strength As it Recovers Past $150 Mark, But Analysts Expect Ruvi AI (RUVI) To be the Next 100x Gem and Skyrocket by 15,500% in 2025 appeared first on Coinpedia Fintech News
Solana (SOL), a notable player in the blockchain world, continues its remarkable trajectory with its price currently sitting at $152.96. Recent developments, including an $18 million purchase of SOL tokens by SOL Strategies and bullish technical indicators suggesting a rally to $220, have solidified its position as one of crypto’s heavyweights. However, while Solana thrives …
