Japanese giant Metaplanet has entered the list of top five Bitcoin holders, taking its latest holdings to 13350 BTC, with the latest purchase on June 30. Earlier today, the firm purchased an additional 1,005 BTC for an average BTC price of $107,601. Following the development, the stock price has surged 10% today to 1633 JPY,
The crypto market is finally improving, and that too at a steady pace, which is imbuing investors with confidence. This bullishness is also reflected in the growth of the altcoins, with some even making their way to new highs.
BeInCrypto has analyzed three such altcoins that formed a new all-time high today and whether their uptrend will continue.
Solayer (LAYER)
LAYER has surged by 23% in the last 24 hours, reaching $1.41 at the time of writing. The altcoin also reached a new all-time high (ATH) of $1.47 during the intra-day highs. This rise signals strong market interest and positive momentum for the cryptocurrency in the short term.
Given the current green candlestick, LAYER is likely to continue its upward trend. If the altcoin breaks past its ATH of $1.47, it could easily push past the $1.50 mark. This would indicate a continued bullish phase for LAYER as the price gains momentum toward higher levels.
However, if the price falls to $1.20 or lower, the bullish outlook will be invalidated. A drop to $0.95 would result in the loss of recent gains, signaling a shift to bearish sentiment. This potential decline could slow LAYER’s momentum and lead to further price corrections.
Cheems (CHEEMS)
CHEEMS has seen an impressive 133% rise month-to-date, reaching a new all-time high (ATH) of $0.000002179. However, the altcoin has since retraced and is currently trading at $0.000001952. This price action signals potential volatility, but the recent ATH highlights the coin’s strong market interest.
If CHEEMS fails to sustain its uptrend, it could slide toward the critical support level of $0.000001461. A bounce from this level could provide CHEEMS with another opportunity to attempt forming a new ATH. This rebound would indicate that the bullish trend is still in play.
However, if the $0.000001461 support is breached, CHEEMS could experience further declines. The next support level is at $0.000001132, and falling below this would invalidate the bullish outlook, erasing the recent gains.
Saros (SAROS)
SAROS has shown consistent growth throughout the month, trading at $0.055. During an intra-day rise, it reached a new all-time high (ATH) of $0.057, signaling positive market interest. This continued upward momentum could help drive SAROS to even higher levels, further encouraging investor confidence.
If the broader market cues remain strong, SAROS is likely to maintain its uptrend. The price could break through the $0.060 resistance level, extending its gains. This would signal sustained bullish sentiment and potentially attract more investors, pushing the altcoin to new highs.
However, if the market momentum reverses, SAROS may struggle to hold on to its gains. A pullback to $0.046 is possible, and losing this support would invalidate the bullish thesis. In this case, SAROS could fall further to $0.034, signaling a deeper price correction.
Meme coins to watch today include LUNA, HOUSE, and TURBO. All three are showing strong price action and rising volume. LUNA is up 92% in the past seven days as part of the surging Virtuals Protocol ecosystem.
HOUSE gained nearly 26% despite a short-term pullback and continues to draw attention from Solana meme coin traders. Meanwhile, TURBO spiked 25% in 24 hours, with volume exploding over 200%, signaling growing momentum.
Luna by Virtuals (LUNA)
Launch Date – October 2024
Total Circulating Supply – 1 Billion LUNA
Maximum Supply – 1 Billion LUNA
Fully Diluted Valuation (FDV) – $25.9 million
The Virtuals Protocol ecosystem has been trending, with VIRTUAL up 93% in the past seven days. LUNA followed with a 76% gain, now the fourth-largest token in the ecosystem by market cap, just behind VIRTUAL, AIXBT, and VADER.
If momentum holds, LUNA could test resistance at $0.032. A breakout may push it toward $0.041, opening the door for further upside.
Despite a 15% dip in the last 24 hours, Housecoin is still up nearly 26% on the week. If the pullback continues, key support lies at $0.063—losing that could send it to $0.047.
If buyers return, HOUSE could retest $0.13 and possibly reach $0.15, setting a new all-time high and reigniting the hype.
TURBO
Launch Date – May 2023
Total Circulating Supply – 69 Billion TURBO
Maximum Supply – 69 Billion TURBO
Fully Diluted Valuation (FDV) – $397.69 Million
TURBO has jumped nearly 30% in the past week, with a 25% gain in just 24 hours. Its 24-hour volume surged over 200%, hitting $282 million—about 70% of its market cap—making it one of the most interesting meme coins to watch today.
A high-stakes meeting is set to take place soon, which could be a turning point in the crypto industry. Ripple’s Executive Chairman and co-founder, Chris Larsen, is all set to meet with the new SEC Chair, Paul Atkins, on May 2, 2025.
With crypto rising as a priority under the Trump administration, the meeting could be a key development for Ripple, XRP, and the crypto industry.
BREAKING:
RIPPLE’S CHRIS LARSEN TO MEET SEC CHAIRMAN PAUL ATKINS TOMORROW, MAY 2.
Atkins, who has been the former SEC Commissioner, has already expressed his support for blockchain innovation. At a recent roundtable conference on April 25, he said that the SEC should stop holding back crypto growth and should work on developing clear, supportive rules.
What To Expect From the Meeting?
The agenda for the meeting is not confirmed yet, however, a settlement or resolution of the SEC vs Ripple case is expected. This could set a precedent for how other digital assets are treated in the future.
The possible outcomes could include clarifications on whether XRP is a security, which has been a long-debated issue. There could also be a discussion on how blockchain can improve global payments, which would increase XRP’s adoption.
The pro-crypto SEC Chair has also expressed interest in creating a regulatory sandbox for crypto, which will allow companies to test new ideas without strict rules, helping more blockchain projects grow in the U.S.
XRP ETF Approval Chances Rise to 85%
With the crypto market recovering after the recent tariff turmoil, excitement around ETFs is growing. Recently, Bloomberg ETF analyst Eric Balchunas shared a report suggesting that XRP has an 85% chance of ETF approval by the SEC in 2025.
XRP could be set for a breakout ahead. It is currently trading at $2.23, up over 3% in the past 24 hours.
The post XRP vs SEC News: Ripple’s Exec Chairman To Meet SEC’s Paul Atkins? appeared first on Coinpedia Fintech News
A high-stakes meeting is set to take place soon, which could be a turning point in the crypto industry. Ripple’s Executive Chairman and co-founder, Chris Larsen, is all set to meet with the new SEC Chair, Paul Atkins, on May 2, 2025. With crypto rising as a priority under the Trump administration, the meeting could …