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Crypto market shows strength heading into a new week as Ethereum price (ETH) gains another 4% leading the rally, followed by similar gains in XRP, SOL, ADA, DOGE. Investors are keen on Fed Chair Jerome Powell’s speech on Tuesday, with expectations of commentary on Fed rate cuts amid mounting pressure for resignations from the Trump
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Hedera’s native cryptocurrency, HBAR, has seen a 4.7% price increase over the past 24 hours after replacing Polkadot (DOT) in the Grayscale Smart Contract Platform Fund (GSC Fund). The fund consists of the industry’s top smart contract platforms.
This move has significantly boosted the token’s visibility, sparking optimism among investors and highlighting growing confidence in Hedera’s prospects.
In its latest statement, Grayscale Investments disclosed that it sold its Polkadot (DOT) holdings and other fund assets. These sales were made in proportion to the weighting of each asset in the fund.
“Grayscale has adjusted GSC Fund’s portfolio by selling Polkadot (DOT) and existing Fund Components in proportion to their respective weightings,” the statement read.
The proceeds from the sales were reinvested into HBAR and other assets in the fund, again based on their proportional weight. HBAR now makes up 5.80% of the GSC fund.
Meanwhile, Ethereum (ETH) and Solana (SOL) remain the fund’s dominant assets, accounting for almost 60% of the total holdings. ETH has 30.22% weight in the fund, while SOL accounts for 29.87%.
Notably, the inclusion added further momentum to HBAR’s latest recovery rally. BeInCrypto data showed that the altcoin gained 10.7% over the past week after experiencing a two-month-long downtrend.
At the time of writing, HBAR’s trading price was $0.16. This represented gains of 4.7% over the past day alone.
Besides price, Grayscale’s move has also impacted HBAR’s visibility. According to CoinMarketCap, HBAR has emerged as the most visited real-world asset (RWA) cryptocurrency on the platform, reflecting growing investor interest.
Additionally, Google Trends data revealed that search interest for ‘HBAR’ peaked at 100 today, signaling heightened public curiosity.
Meanwhile, Metal Pay today announced that HBAR is now available on its platform. Metal Pay allows users to buy, sell, and trade cryptocurrencies. Thus, HBAR’s inclusion further increases its accessibility.
That’s not all. HBAR may benefit even further from upcoming developments. The altcoin will launch on Kraken Exchange on July 10. This could likely provide additional exposure and liquidity for the token, possibly driving further interest and adoption.
Industry figures have also endorsed HBAR’s potential. Businessman and investor Kevin O’Leary recently expressed confidence in HBAR and even disclosed that he holds the asset.
“I think HBAR is going to be big, I really do,” he said in an interview.
With these developments, HBAR’s future looks promising. However, while the current momentum paints a bullish picture, how the altcoin will actually perform in the coming time remains to be determined.
The post HBAR Sees 4.7% Surge After Grayscale Adds It to Smart Contract Fund appeared first on BeInCrypto.
The post Ethereum (ETH) Could 5x, Cardano (ADA) Might 10x, but This Altcoin Is Poised for a Much Bigger 44x Surge appeared first on Coinpedia Fintech News
As Ethereum (ETH), Cardano (ADA), and Rexas Finance (RXS) show themselves as viable rivals for significant price increases, the cryptocurrency market is heating up. As of writing, ETH trades at $2,060, ADA at $0.74, and RXS at $0.20. While Cardano might cost 10x to $7.40, analysts estimate Ethereum could cost 5x to $10,300, and RXS could soar 44x to $8.80 before ETH and ADA. These forecasts draw on changing use cases, previous performance, and steady market trends. Let’s look at the catalysts pushing these pricing targets.
With a market capitalization of $248.7 billion and a 120 million coin circulating count, Ethereum remains the major player in decentralized finance (DeFi). With a 5x surge at $2,060, its price would rise to $10,300, increasing its market capital value to $1.24 trillion. Given past highs for Bitcoin exceeding $1 trillion, such a price is reasonable. With a 55% share of the total value locked (TVL) in DeFi, now over $60 billion, Ethereum achieves an average daily trading volume of $15 billion. The network’s great acceptance is reinforced by its daily processing of about 1.5 million transactions.
A possible Bitcoin rally and institutional investment, among other macroeconomic trends, could drive Ethereum’s price even higher. ETH has traditionally witnessed exponential increases during bull runs. Ethereum jumped over 9,000% in 2017; while a 5x gain may appear tiny by comparison, given its market leadership and ongoing development, it is a reasonable forecast.
Cardano is valued at $0.74, has a market cap of $26.3 billion, and has 35.5 billion coins in circulation. If ADA’s price increases 10x, it will reach $7.40. This would result in a market cap of $263 billion, which is an extreme figure but not impossible to achieve with a strong surge in altcoins.
Cardano’s ecosystem is quickly expanding with a current DeFi TVL of $300 million and around 1,000 smart contracts deployed. The network handles about 50,000 transactions daily and boasts over 1.2 million wallets. Cardano’s proof-of-stake system provides an energy-efficient substitute for Ethereum and staking payouts (around 3.5% yearly) that draw in investors, making this platform appealing.
The adoption of Cardano in practical applications—especially in Africa—is one of the leading forces behind its possible 10x increase. Beyond DeFi, Cardano is being applied for digital identification solutions, agricultural supply chains, and government contracts.
Cardano must show its capacity to compete with Ethereum and more recent layer-1 solutions like Solana and Avalanche, though, if it is to land a $7.40 valuation. If Cardano effectively scales its ecosystem, attracts more developers, and enhances interoperability, it can achieve a 10x leap.
The underdog with outstanding potential is Rexas Finance (RXS). Pricing at $0.20, RXS is currently in its final presale stage (stage 12) and has attracted approximately $47.6 million from early backers. Analysts estimate RXS might skyrocket 44x to $8.80, one of the most promising altcoins available. Rexas Finance distinguishes itself by emphasizing real-world asset (RWA) tokenization.
This idea uses blockchain-transferable digital tokens from actual objects such as real estate, artwork, and goods. Real-world asset tokenizing has a substantial unrealized potential since the industry is projected to be worth over $400 trillion.
Key tools in RXS’s ecosystem meant to streamline asset tokenization and make it available to both people and companies are Token Builder and Launchpad. By letting investors fractionalize high-value assets, RXS addresses a significant liquidity issue in conventional markets. A 44x spike would need RXS to acquire notable traction, but the coin has a strong basis for quick expansion because presale already shows excellent demand. Should the ecosystem of Ethereum grow and blockchain acceptance in real-world assets quicken, RXS might take the front stage in the sector..
With a solid basis to enable a 5x increase, Ethereum still rules DeFi and smart contracts. With its expanding ecosystem and staking benefits, Cardano may experience a 10x increase should adoption quicken. However, Rexas Finance is the most intriguing choice since the tokenization of actual assets drives a 44x potential.
Ethereum is the better option for investors seeking consistency. Cardano might interest those who accept modest risks in exchange for better rewards. For those looking for the best possible return on investment, Rexas Finance is the altcoin with the most explosive development potential—44x before ETH and ADA. Should the crypto market go through another bull run, RXS might be the breakthrough actor of 2025.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Win $1 Million Giveaway: https://bit.ly/Rexas1M
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinanceTelegram: https://t.me/rexasfinance
The post Ethereum (ETH) Could 5x, Cardano (ADA) Might 10x, but This Altcoin Is Poised for a Much Bigger 44x Surge appeared first on Coinpedia Fintech News
As Ethereum (ETH), Cardano (ADA), and Rexas Finance (RXS) show themselves as viable rivals for significant price increases, the cryptocurrency market is heating up. As of writing, ETH trades at $2,060, ADA at $0.74, and RXS at $0.20. While Cardano might cost 10x to $7.40, analysts estimate Ethereum could cost 5x to $10,300, and RXS …
Tether released its first formal attestation for Tether Gold (XAU₮). According to the report, each XAU₮ token is backed by 1 troy ounce of actual gold, with 246,523.33 ounces now in circulation.
As per the attestation, Tether stated that the tokenized gold product is backed by more than 7.7 tons of physical gold. As per the details, the physical gold backing XAU₮ is secured in “a dedicated vault within world-class facilities in Switzerland.” The gold reserves are made of London Bullion Market Association (LBMA) gold bars, which have multiple layers of security controls.
These controls, as Tether describes them, include “rigorous counterparty selection, certificate verification of gold bars, and regular assays done in the presence of auditors.” The firm stresses that the process of XAU₮ issuance works under strict procedural and legal guidelines. This is done to prevent any kind of falsification.
Tether CEO Paolo Ardoino highlighted the company’s commitment to maintaining the 1:1 backing. The firm stated, “With XAU₮, we’re offering users the ability to access the security of physical gold in a digital form—secure, easily transferrable, and backed 1:1 by fully held gold reserves.”
Tether’s report attributes the growth of XAU₮ during Q1 2025 to several macroeconomic factors. These include “escalating global economic uncertainty, heightened geopolitical tensions, and a rising demand for inflation-resistant stores of value.”
The company specifically noted a surge in market cap that happened amid investor concerns about “new international trade tariffs.” The firm views it as validation of “gold’s role as a hedge in volatile markets.”
The token’s all-time highest price was $3,423 on April 21, 2025. Tether further highlighted that the amount of inventory indicated by the attestation is more important than the price.
This expansion is hand in hand with the general trends in the gold market. The report also quoted information from the World Gold Council indicating massive central bank purchases of gold.
According to these figures, global gold reserves stood at 37,755 metric tons at the end of 2024. Central banks were also making net purchases of 1,044.6 metric tons throughout 2024. The fourth quarter of 2024 alone saw central bank gold buying of 332.9 metric tons.
Tether noted that this accumulation pattern has been particularly strong among BRICS nations, which are “seeking to diversify away from U.S. dollar dependency.” The firm is the issuer of the largest stablecoin, Tether. USDT price maintains its peg at $1 and is the largest stablecoin with a $147 million market cap.
CoinGape has also released their Tether (USDT) price prediction, which indicates it is 53% bullish.
The post Tether Reveals Over 7.7 Tons of Physical Gold Backing For XAU₮ Stablecoin: Report appeared first on CoinGape.