The crypto markets are healing after the trade war losses that wiped out billions from the space. While Bitcoin surged above $93,000, the Ethereum price made a more intense leap of over 10% in the past 24 hours and is trying to secure the newly gained support at $1800. Soon after the second-largest token displayed strength, the whales jumped in and intensified their activity, which created a huge volatility.
As per some reports, an ETH whale bought nearly 20,000 ETH worth nearly $34.7 million.
On the other hand, another whale withdrew over 12,000 ETH from Binance, which raised the suspicion of a potential drop. However, the selling pressure does not seem to have mounted, hinting towards the price maintaining a continued upswing for the rest of the week.
The ETH price rose but failed to rise above the 50-day MA at $1830 as the bears extracted some of the profits. Meanwhile, the conversion and base lines have triggered a bullish crossover; the cloud suggests the token remains under bearish influence. Hence, the price may continue to remain consolidated within a small range while the bulls are trying hard to defend the support at $1770.
The ETH price is currently trading just below $1800 at $1797, while the gains have dropped below 10%. There is a strong resistance at $1860, and if it is overcome, then the token may try for $2000. Meanwhile, if the price drops to the support area of $1750, it may face a correction below $1700.
Excitement within the XRP community is reaching new heights as ExoraPad’s presale swiftly surpasses a major milestone, raising over 75,000 XRP. Investors, including influential XRP whales, are quickly securing positions to obtain $EXP tokens before the anticipated exchange debut, recognizing the potential for significant growth immediately after listing.
As ExoraPad rapidly becomes a key player in the XRP DeFi ecosystem, its innovative AI-powered launchpad is attracting significant attention, driving substantial presale momentum.
ExoraPad’s presale has swiftly crossed the impressive 75,000 XRP mark, highlighting strong investor interest. With the presale window closing shortly, urgency is mounting among investors eager to secure tokens at the presale discount before the official exchange listing.
Why XRP Whales Are Heavily Buying $EXP Tokens
ExoraPad distinguishes itself by uniquely integrating AI analytics into the XRP Ledger, enhancing DeFi functionality and dramatically streamlining blockchain project launches. This innovative approach makes ExoraPad highly attractive to experienced XRP investors seeking groundbreaking utility and long-term growth opportunities.
ExoraPad’s Roadmap and Development Milestones
ExoraPad has already achieved significant progress, reaching crucial milestones:
Token Security Audit: Currently completed by reputable blockchain auditing firms, ExoraPad’s rigorous token audit emphasizes its commitment to security and transparency, boosting investor confidence.
Softcap Successfully Reached: ExoraPad has confidently surpassed its initial presale softcap target, demonstrating robust investor support and reinforcing the project’s promising outlook.
Launchpad UI Demo Scheduled for Q2 2025: The anticipated launch of ExoraPad’s user interface demo is set for the second quarter of 2025, giving investors and the wider community an exclusive preview of the sophisticated platform designed to revolutionize blockchain project launches and evaluations.
ExoraPad offers significant utility and rewards for its token holders, including:
Exclusive Early Access: Token holders get prioritized entry to AI-vetted premium blockchain initiatives, Real World Assets (RWAs), and Decentralized Physical Infrastructure Networks (DePIN) projects.
Attractive Staking Opportunities: Holding $EXP tokens grants access to lucrative staking benefits, providing consistent passive income and rewarding long-term commitment.
Revenue-Sharing Incentives: ExoraPad implements a transparent revenue-sharing model, returning a substantial portion of platform-generated fees to $EXP holders, further enhancing the long-term value proposition of the token.
How to Join the ExoraPad Presale
Joining the ExoraPad presale is a simple process:
Purchase XRP from trusted cryptocurrency exchanges such as Binance or Coinbase.
Transfer your XRP securely to an XRP Ledger-compatible wallet, like Xaman Wallet.
Visit ExoraPad’s official presale page (https://exorapad.com/presale), submit your XRP, and instantly secure your allocation of $EXP tokens.
Act Now, Less Than 2 Days Remaining!
With over 75,000 XRP already raised and the presale ending imminently, the window to purchase $EXP tokens at the current advantageous price is quickly closing.
Don’t miss this limited opportunity to join savvy XRP investors who are already positioning themselves for the next big leap in XRP-based DeFi.
Secure your $EXP tokens today before it’s too late!
The post XRP News: ExoraPad Presale Surpasses 75,000 XRP as Investors Rush for $EXP Before Exchange Listing appeared first on Coinpedia Fintech News
Excitement within the XRP community is reaching new heights as ExoraPad’s presale swiftly surpasses a major milestone, raising over 75,000 XRP. Investors, including influential XRP whales, are quickly securing positions to obtain $EXP tokens before the anticipated exchange debut, recognizing the potential for significant growth immediately after listing. As ExoraPad rapidly becomes a key player …
The overall cash inflows to Solana DeFi products have gradually grown in the past few weeks.
SOL price has consolidated between $123 and $134 in the past three weeks amid a growing bullish outlook.
The wider altcoin market, led by Solana (SOL), continued with horizontal consolidation akin to Bitcoin (BTC) on Thursday, during the early North American trading session. The rising confidence in the Gold market, amid palpable fears of the U.S. stock market, has helped the wider crypto market gain significant bullish sentiment.
Solana Gets Needed Support from Coinbase and Robinhood
The Solana network received much-needed support from Robinhood Markets Inc. (NASDAQ: HOOD) and Coinbase Global Inc. (NASDAQ: COIN). In a bid to attract mainstream Solana users from DeFi projects, such as Raydium DEX, both Robinhood and Coinbase announced initiatives to incentivize.
On Thursday, Coinbase upgraded its Solana infrastructure to enable 5x faster block processing, 4x better RPC performance, and enhanced reliability for a smoother user experience.
Meanwhile, Robinhood announced a no-network fee for several Solana transactions until June 9, 2025.
SolanaRobinhood Gold
Great news, we now have:
No network fees for transfers on the Solana network on the Robinhood app, up to 10 transfers a month. No network fees for transfers on the Solana network when using Robinhood Connect, up to 5 transfers a month. No network… pic.twitter.com/d95f8eenak
After recording an impressive rally in the past two years, heavily influenced by mainstream adoption of its memecoins, SOL price has significantly convinced more investors of its long-term growth prospects.
According to market data from Binance, more than 71 percent of traders on the crypto exchange with open SOL positions are betting on an imminent bullish breakout.
In the weekly timeframe, Solana price has respected a rising logarithmic trend established since January 2023, thus signaling bullish sentiment. Most importantly, SOL price, against the U.S. dollar, has consistently closed above $126 in the past two weeks, amid ongoing trade war negotiations.
In the four-hour timeframe, SOL price has already broken out of several falling logarithmic trends established by YTD.
In the 1-hour time frame, SOL price has been forming a potential bearish sentiment, characterized by a major resistance level above $134 coupled with a bearish divergence of the Relative Strength Index (RSI). As a result, the SOL price may retest the support level around $123 before continuing with bullish sentiment towards its all-time high.
The post Solana Network Gets Major Boost from Coinbase and Robinhood: SOL Price Bullish Reversal Ahead? appeared first on Coinpedia Fintech News
The overall cash inflows to Solana DeFi products have gradually grown in the past few weeks. SOL price has consolidated between $123 and $134 in the past three weeks amid a growing bullish outlook. The wider altcoin market, led by Solana (SOL), continued with horizontal consolidation akin to Bitcoin (BTC) on Thursday, during the early …
XRP’s price is having trouble finding a clear direction as the overall market shows mixed signs of volatility. Recently, short-term holders started taking profits during price increases, which led to a drop in buying interest. However, some key indicators for XRP are still rising, suggesting that a strong rebound could be on the way soon.
XRP’s Open Interest Gained Over $1.5 Billion in a Week
XRP is currently seeing strong activity from both buyers and sellers. According to data from Coinglass, around $21 million worth of XRP positions were liquidated in the last 24 hours — with buyers accounting for $17.4 million and sellers for $3.66 million.
Meanwhile, interest in XRP futures has been climbing for over the last seven days. Open interest has jumped to $5.47 billion, up over 3.9% in the past day. Over the past week, it surged from $2.13 billion to $5.38 billion, a massive 152% increase. This rise in futures activity, along with a price increase from $2 to $2.60, suggests that traders are becoming more confident in a bullish trend.
Additionally, large investors (whales) have been slowing their outflows, turning the 90-day average of net flows positive. Historically, this kind of shift has often signaled the end of a downtrend or the start of a new upward move.
However, not all signs are positive. XRP reserves on exchanges are at a one-month high, which could mean more selling pressure. Some whales have also moved large amounts of XRP to exchanges, possibly to sell.
Still, despite these bearish signs, none have been strong enough so far to slow down XRP’s recent upward momentum. The hourly long/short ratio is hovering above the 1 level, currently at 1.1227. This suggests that buyers have the advantage as around 53% expect the XRP price to rise.
If the current rally continues or at least creates new support levels at higher prices, XRP could stay in an overall uptrend over the long term. This is especially likely with the SEC’s decision on spot XRP exchange-traded funds (ETFs) expected in June, a ruling that could trigger another price jump.
What’s Next for XRP Price?
XRP price is facing strong bearish pressure above $2.65 as sellers continue to defend a surge. As a result, XRP has been forming multiple higher highs, attempting to break through immediate resistance channels. As of writing, XRP price trades at $2.55, declining over 1.8% in the last 24 hours.
Analysing the 4-hour price chart, the bulls have gained more control by pushing the price above the $2.50 mark. There’s a small hurdle at $2.65, but if XRP can break through that, it could climb to $3, a move that may validate a clear upward trend.
On the other hand, if the price gets rejected at $2.65 and falls below the 100-day EMA (currently at $2.42), it could mean XRP will trade in a sideways range for a while, possibly hovering between $2 and $2.6.
The post XRP Eyes Strong Rebound as Open Interest Soars 150%: What’s Next for XRP Price? appeared first on Coinpedia Fintech News
XRP’s price is having trouble finding a clear direction as the overall market shows mixed signs of volatility. Recently, short-term holders started taking profits during price increases, which led to a drop in buying interest. However, some key indicators for XRP are still rising, suggesting that a strong rebound could be on the way soon. …
Robinhood Gold
No network fees for transfers on the Solana network on the Robinhood app, up to 10 transfers a month.
