The Pi Network rich list provides a clear indication of the token’s demand in the market. Notably, Pi is among the most trending tokens in the market, even in its declining days. Due to a long wait on the launch and years-long community building, it is often in hype. It includes its post-launch rally, pushing
Layer-1 (L1) coin SEI is today’s top market gainer, rocketing by over 36% in the past 24 hours.
This double-digit surge comes amid a spike in network inflow volume, a signal of renewed investor interest and capital movement onto the network.
SEI Rally as Net Inflows Spike
Sei Network has recorded one of the largest net inflows across all chains over the past 24 hours. It ranked fourth in bridged net flows, outperforming major networks like Solana during that period.
According to Artemis, the Sei Network has seen $3 million in bridged netflows in the past 24 hours. In comparison, top network Solana has seen net outflows amounting to $5 million during the timeframe.
The spike in inflows signals growing user activity and possibly rising investor confidence in the Sei ecosystem. Per the data provider, only Arbitrum, Base, and Ethereum saw higher net inflows.
With capital flowing onto the network, the SEI coin has seen a surge in demand, reflected by its climbing Chaikin Money Flow (CMF). As of this writing, this momentum indicator is at 0.22.
The CMF indicator measures how money flows into and out of an asset. Positive readings indicate that accumulation outweighs selling activity among coin holders. On the other hand, when an asset’s CMF is below zero, selling pressure dominates the market.
For SEI, its CMF setup reinforces the narrative that the current rally is backed by strong demand and liquidity.
SEI Defies the Market Slump
The altcoin trades at a four-month high of $0.28 at press time. In fact, amid the broader market’s lackluster performance over the past week, SEI’s price has soared by over 65%.
With inflows climbing and momentum indicators flashing green, SEI could continue to outperform in the near term. If demand remains high, the coin could climb toward $0.36.
Analysts are pointing out that Ethereum (ETH) has now gathered several key factors. These are the very catalysts investors have long awaited to trigger a powerful new rally.
In June, these signals are becoming more evident, forming a solid foundation for short-term price expectations. So, what are these factors? Let’s dive in.
Why ETH May Be on the Verge of Its Biggest Breakout Ever
Axel Bitblaze, a well-known analyst on platform X, believes ETH is on the verge of its biggest breakout ever. According to him, four main catalysts are laying the groundwork for ETH’s upcoming strong growth.
One major reason Axel Bitblaze remains bullish on ETH is BlackRock’s aggressive accumulation. Since May 9, 2025, BlackRock has bought 269,000 ETH—worth roughly $673.4 million—without selling a single coin. This signals a long-term investment strategy in ETH.
Previously, BlackRock helped lead Bitcoin’s (BTC) price surge from $76,000 to $112,000, driven by massive inflows into its ETF. Now, with similar moves happening for ETH, many analysts believe this is a strong signal that ETH could soon break out.
Additionally, the latest report from BeInCrypto notes that ETH has recorded the strongest inflow streak since the US elections.
The second factor Axel Bitblaze highlights is the significant increase in Ethereum’s network activity. Last month, the number of transactions on the Ethereum network reached 42 million, the highest since May 2021. At the same time, daily active addresses rose to 440,000—also the highest in the past six months.
This reflects the network’s growing usage, particularly in areas like decentralized finance (DeFi) and stablecoin transactions.
The third factor Axel points out is that the ETH/BTC ratio has dropped to its lowest level in six years. The weekly RSI has also hit a record low, suggesting ETH is currently oversold. This often signals a potential trend reversal.
Moreover, over the past month, the ETH/BTC pair has already recovered by 30%, serving as an early confirmation of a possible reversal.
ETH/BTC Trading Pair Volatility. Source: Axel Bitblaze
Based on these developments, Axel Bitblaze predicts that ETH could reach $9,000 by early 2026.
“By December 2025, ETH could trade around $6,000 to $6,500. The final leg up will happen in Q1 2026, and ETH will most likely trade above $9,000 before a blow-off top,” Axel Bitblaze said.
Beyond the catalysts Axel emphasized, the amount of ETH being staked hit a new high in June, with 4.65 million ETH now locked, nearly 30% of the current circulating supply.
ETH Staked in DeFi Protocols. Source: beaconcha.in
In addition to Axel Bitblaze’s analysis, veteran trader Merlijn The Trader compared ETH’s current price cycle to the 2017 bull run. He believes ETH is now structurally positioned for an even stronger breakout.
Comparing ETH Price Structure in 2017 And 2025. Source: Merlijn The Trader
“ETH IS COPYING 2017… BAR FOR BAR 2017: Breakout after reclaiming the 50 MA 2025: Same setup. Same level. Same tension.
Only difference? 2025 has a bigger engine, more fuel… and no brakes.” – Merlijn The Trader said.
At the time of writing, ETH has recovered more than 50% since early May and is trading above $2,600. However, a recent analysis from BeInCrypto notes that profit-taking has begun. This may act as short-term resistance to ETH breaking out above the weekly 50 MA, as Merlijn predicted.
Ripple’s Chief Legal Officer, Stuart Alderoty, took to X (formerly Twitter) today to share that Ripple has sent an additional letter to the U.S. SEC’s Crypto Task Force. The letter responds to a recent speech by SEC Commissioner Hester Peirce titled “New Paradigm,” where she raised an important question: When does a cryptocurrency stop being part of an investment contract and become just a digital asset?
In their letter, Ripple thanked the SEC team for meeting with them on May 20, 2025, and offered further thoughts on the issue. Ripple argued that most cryptocurrencies traded today are not securities. They pointed to legal analysis from Lewis Cohen and others, which says that when crypto tokens are sold in secondary markets — like exchanges — they usually don’t meet the legal definition of a security.
Today, @Ripple submitted an additional letter to the SEC’s Crypto Task Force addressing a key question from Commissioner Peirce’s “New Paradigm” speech: When does a digital asset separate from an investment contract?
We appreciate the continued engagement with the Task Force.…
Ripple also opened up about last year’s court ruling by Judge Torres in the SEC’s lawsuit against Ripple. The judge decided that while some of Ripple’s early XRP sales to big investors counted as investment contracts, the XRP token itself is not a security when sold in secondary markets.
Ripple acknowledged the SEC’s concern about bad actors misusing crypto markets but said it’s up to Congress, not the SEC, to change the laws. They warned against vague rules like deciding if a token is “fully functional” or “sufficiently decentralized”, as these can confuse the market.
Instead, Ripple suggested a clearer legal framework. For example, if a crypto token was once sold as part of an investment contract, it should be considered separate from that contract when:
Any promises made by the issuer to the original buyer have been fulfilled.
The current holder has no legal rights to demand anything from the issuer.
Ripple also proposed a safe harbor rule to protect honest crypto projects that are still developing, helping them avoid legal risks while following clear guidelines.
Additionally, Ripple recommended using the maturity of a crypto network — how big and established it is — rather than vague ideas like decentralization, to decide whether it should still be regulated as a security. They suggested that tokens on open, permissionless networks with a large market value, operational for years, and without one party having control, should no longer fall under securities laws.
The post XRP News: Why Did Ripple Submit An Additional Letter To Crypto Task Force? appeared first on Coinpedia Fintech News
Ripple’s Chief Legal Officer, Stuart Alderoty, took to X (formerly Twitter) today to share that Ripple has sent an additional letter to the U.S. SEC’s Crypto Task Force. The letter responds to a recent speech by SEC Commissioner Hester Peirce titled “New Paradigm,” where she raised an important question: When does a cryptocurrency stop being …