Author: Monicah W

Solana price faces volatility after fluctuating within the range of $143 and $153 in the last 24 hours. The volatility comes as some traders book profits after the recent rally, while others are accumulating as the soaring blockchain activity fuels confidence. With DEX volumes surging to a two-month high of $3.7 billion, how will SOL price react? Let’s explore.

Solana Price Targets Gains as DEX Volumes Explode to 2-Month High

Solana price eyes a major bullish breakout due to surging blockchain activity. Data from DeFiLlama shows that decentralized exchange (DEX) volumes on the SOL blockchain have surged by more than 35% in the last two days to a two-month high of $3.699 billion. At press time, Solana’s DEX volumes were also notably higher than Ethereum’s $2.41 billion.

This increase is adding weight to the bullish thesis around SOL value today, as a sustained increase could bolster demand for the Solana token. This is because traders using DEXs created on Solana have to buy SOL to pay gas fees to complete their transactions, which is a positive thing for the price.

Most of these DEX volumes are coming from SOL-based meme coins, which have seen a rapid increase in value. In the last 24 hours, TRUMP meme coin surged with its market cap jumping from $1.8 billion to $2.4 billion at press time.

SOL Price Analysis as Mixed Signals Emerge

Despite the surging blockchain activity that hints towards a bullish outlook for Solana price, technical indicators on the four-hour chart suggest that SOL might retreat to test support before resuming its uptrend.

The MACD line has converged with the signal line from above, forming a sell signal, which could cause a spike in selling pressure. The RSI line that is currently tipping south also shows that buying activity is fading, despite the momentum still being bullish.

However, the ascending parallel channel shows that a bullish Solana price prediction is still in play. As long as SOL continues to trade within this channel, forming a series of higher lows and higher highs, the upward momentum will continue.

Solana price also needs to defend the support level of $147 for a bullish continuation, and if it is successful, it might break out past the key resistance at $180 and set eyes on fresh all-time highs. However, losing support at the lower trendline of the ascending channel will stir a resumption of bearish trends.

Considering the surge in DEX volumes and the hype around SOL-based meme coins, it is likely that Solana price sustains its uptrend and possibly breaks past the critical psychological hurdle at $200. However, traders need to remain cautious and monitor the RSI and MACD indicators to detect a possible trend reversal.

The post Solana Price Analysis as DEX Volumes Hit $3.7B, Two-Month High appeared first on CoinGape.

After two successful SEC crypto roundtable meetings, the third one is set for tomorrow, April 25. Although the previous two discussions failed to bring any significant impact in the crypto industry and its status, the approaching one is anticipated to bring major changes, especially as Paul Atkins is set to attend, i.e., his first SEC crypto meeting. Here’s everything you need to know.

Paul Atkins to Speak At SEC Crypto Roundtable

The newly appointed SEC Chairman, Paul Atkins, will be setting the tone for the SEC crypto roundtable meeting with his opening remarks. The SEC crypto meeting is titled “Know Your Custodian: Key Considerations for Crypto Custody” and will take place on April 25, 2025, from 1:00 PM to 5:00 PM ET.

More importantly. It will be available to the public both in person and virtually, where the SEC Headquarters, Washington, D.C., is the location. For virtual, netizens can visit the SEC’s official YouTube channel and website.

As is clear from the title, the purpose of this SEC crypto meeting is to discuss crypto custody issues. Along with that, the participants and speakers will discuss regulatory challenges and the integration of digital assets in the traditional financial systems.

Although Paul Atkins will be speaking in the meeting, Hester Peirce and other SEC commissioners will lead the discussion.

Additionally, Mark Udeya is also joining the meeting. The official announcement reveals that he will present opening remarks along with Atkins, which is odd to many, as Atkins is officially the SEC Chairman.

What to Expect From Paul Atkin at the SEC Crypto Roundtable?

Overall, the purpose of this SEC crypto meeting is to discuss the issues and potential solutions regarding the crypto industry. The same will happen at the upcoming meeting, with the focus on custody. Here, several panelists, including those from the crypto industry, SEC officials, and legal and academic experts, will gather.

Some industry experts believe Paul Atkins’ first SEC crypto roundtable will help him gather his priorities straight on what he needs to act on first. This is because the crypto community awaits resolutions on various matters, including the Ripple vs SEC lawsuit and others.

More importantly, there are 17-plus crypto ETFs yet to be approved. Not to forget, the development and implementation of crypto regulations.

SEC Roundtable Upcoming Meeting Structure

SEC hosted two roundtable conferences previously, where the first took place on March 21 and discussed the ‘token qualification.’ The second took place on April 11 and discussed ‘crypto trading regulation.’

After the third SEC crypto roundtable meeting on April 25, two more will take place on May 12 and June 6. As reported by CoinGape, the first to discuss ‘tokenization’ and later on ‘decentralized finance.’

The investors are eyeing these SEC conferences to witness some significant regulatory clarity on the industry and even potential exchange ETF approval, especially the XRP ETF launch. This is because, under Trump’s presidency and Gary Gensler’s free office, the SEC is turning to an innovation-friendly approach.

The post Paul Atkins’ First Ever SEC Crypto Roundtable on April 25: What to Expect? appeared first on CoinGape.

Chainlink whales’ recent decision to hoard massive amounts of LINK coins has reverberated substantial optimism surrounding the crypto’s future price movements. On Thursday, April 24, whale data revealed that slightly over $36 million worth of tokens were bagged by large-scale investors in recent days. The upshot? Everyday traders and crypto civilians are now anticipating a price rally in one of the most renowned cryptocurrencies shortly ahead.

Chainlink Whales On Buying Spree Ignite Optimism, Here’s Why

According to the transaction tracker Lookonchain’s X post, numerous fresh whale wallets have embarked upon a Chainlink accumulation spree recently. At least 15 different wallets were recorded to have stacked 2.52 million coins, worth $36.43 million, from Binance.

Notably, these accumulations occurred over the duration of the past week. LINK coin’s price has been up nearly 13% within the same duration, in sync with the heightened buying pressure on the asset.

For context, usual market sentiments remain highly bullish in the wake of rising crypto whale accumulations, as they increase the buying pressure on an asset. Further, the spike in accumulations also signals burgeoning market confidence in a cryptocurrency.

In response, crypto commoners now anticipate whether a bullish breakout lies ahead, as also hinted by the massive Chainlink whale accumulations.

LINK Price Prediction: Here’s What Analyst Has To Say

Despite the massive accumulations recorded, LINK price has tanked over 4% intraday, closing in at $14.20. The crypto fell from a high of $15.23 in the past 24 hours. This volatile price action, despite the massive buying, has sparked some cautiousness among market watchers.

It’s worth pointing out that the current turbulent price action potentially aligns with today’s broader crypto market trend. Bitcoin’s price also faced some volatility, losing 2% in the past 24 hours, banking at $91k. Major-league altcoins have also mainly mimicked this uncertain action.

However, a renowned crypto market analyst has retained a bullish stance on LINK, irrespective of broader trends. Market expert Michaël van de Poppe recently took to X, hinting that utility & DeFi coins are going to be the leaders in the upcoming cycle.

Particularly hinting towards Chainlink, the analyst stated that “This run will likely be higher than the previous one,” sparking optimism alongside the whale accumulations.

Michaël reiterates that the crypto team has been working extensively to get major partnerships in the U.S. In turn, he believes that the token’s ecosystem has expanded massively. “Matter of time until the token reflects the growth,” he concluded.

Another Chainlink price prediction by CoinGape revealed that bulls currently remain dominant over the crypto, per the 3-month bias indicator. This signals that the coin could even hit $16 by April end.

The post Chainlink Whales Bag $36M Coins Hinting At LINK Price Breakout Ahead appeared first on CoinGape.

Ethereum price shot up nearly 17% on April 22 and 23, but this optimism is dampened as crypto pundit outlines a potential correction to April 8 swing low of $1,380. This scenario is based on a key fractal that occurred in the past for ETH.

Ethereum (ETH) is down 2.26% today after a near-17% rally between April 22 and 23. The price currently trades at $1,754 after facing a stiff rejection at the 50-day Moving Average (MA). Analysts and traders’ expectation is a bearish short-term Ethereum price prediction before ETH bulls restart the uptrend.

Will Ethereum Price Correct?

As noted above, Ethereum price has hit the blue line at $1,819, which is the 50-day MA. Rejection from this level has led to a 2.26% correction today, which could extend depending on the current state of Bitcoin and the geopolitical tensions due to Trump’s tariffs.

Although the recent uptrend was impressive, the chances of a short-term correction are high. The Relative Strength Index (RSI) just above 50 is producing a top, hinting at a correction, aka a decline in bullish momentum. The lagging Awesome Oscillator (AO) is also approaching the zero line, with receding green histograms, indicating a decline in bearish momentum.

A spike in selling pressure here could drop ETH down to $1,600 which is the 16% rally’s origin.

According to crypto trader RektProof and his Ethereum price fractal, a potential correction that crashes ETH back to the April 8 low of $1,380 is also possible.

Pundit Reveals Revisit of $1,300 is Not Unlikely

In a recent X post, crypto trader RektProof noted an Ethereum price fractal that had a similar uptrend that was followed by a steep correction. The crypto pundit adds “Being mindful with setups incase we start trading below.“

Although RektProof did not explicitly mention that ETH’s value will drop, he is considering the possibility of key levels to watch if the recent run-up may come undone.

Key ETH Price Levels to Watch

• The first key level to watch is $1,660, which is a level that should hold. If there isn’t proper reaction as price approaches this level, investors can expect price to slide lower.
• $1,380 is the next key point of interest, which coincides with higher timeframe equal lows. A sweep of this level is where the fractal suggests Ethereum price could form a bottom and restart the uptrend. 

In conclusion, the outlook for Ethereum price is bullish after a near-17% rally, but a potential correction could be incoming. A failure to hold the aforementioned support levels could lead to steep crashes.

The post Ethereum Price Eyes Correction After 16% Move, Pundit Hints Revisit of $1,300 Not Unlikely appeared first on CoinGape.

Solana’s governance arm, Solana Foundation, has unveiled a new policy for its Delegation Program.

The program, which was first rolled out in 2020, aims to sustain a highly secure, decentralized, and performant validator network of the ecosystem. It helps new validators participate in its network without substantial SOL holdings.

However, given the decline in Solana Foundation’s total network stake, it has made certain changes to remove non-compliant nodes.

What is Solana’s New Validator Policy

Ben Hawkins, Head of Staking Ecosystem at the Solana Foundation, has announced the criteria to remove certain non-permormant validators uder the newly minted policy.

According to the new policy, for every single new validator that earns a seat via community stake, three long-standing validators will be removed from the Foundation’s delegated list. This action will be implemented if they fail to meet specified performance and self-stake thresholds.

This “three-for-one” swap marks one of the most aggressive steps taken by Solana to date to balance its rapid growth with robust network health.

What is the Criteria for New Validator Entry

At the core of the policy lies a simple yet stringent criterias. This includes two contingent things:

1. any validator that has held Foundation delegation on mainnet for at least 18 months and

2. has accumulated less than 1,000 SOL of self-owned stake outside that delegation slot

On fulfilment of these two criterias, the new validator would become eligible for addition.

By contrast, new entrants must demonstrate both technical reliability and the ability to attract external delegations, effectively aligning economic incentives with network security.

Why is Solana Brining New Validator Policy

The move is explicitly aimed at curbing “validators in name only” that rely wholly on subsidized stake rather than genuine community support.

Ben framed the initiative as a vital recalibration. “We’re committed to fostering a self-sustaining, competitive validator community,” Hawkins said.

“Removing nodes that haven’t proven their commitment to Solana. Both in uptime and personal stake will prompt all operators to invest in their own infrastructure and stake outreach”.

The Foundation has historically supplied approximately 10 percent of total network stake. It has also been involved in underwriting hundreds of validators to bootstrap security and decentralization.

However, as the ecosystem matures, the Foundation’s share has shrunk to roughly 13–16 percent of total stake.

Bullish For SOL?

Industry observers and validator operators have largely welcomed the change as a logical evolution.

Mert Mumtaz, CEO of Helius Labs – one of Solana’s top community validators – described the policy as “bullish for SOL” on social media.

In Mert’s X post, he cites the expectation that it will drive higher quality node operations and more robust community engagement.

As of writing, SOL Price is targeting $150 with the SOL Strategies raising funds for the treasury.

Indeed, by tying the fate of Foundation-delegated stake to tangible performance metrics, the policy creates a live testing ground for validator resilience and community trust.

Underperforming validators incur ongoing operational costs. This includes vote fees, hardware upkeep, monitoring – that the Foundation has traditionally shouldered. This is due to the pruning validators that fail to reinvest in themselves.

The new policy can reallocate its limited delegation resources towards participants who amplify network value and represent genuine network backers.

The daily transaction volumes has been regularly eclipsing 20 million and fee revenue surpassing $1 million. Preserving decentralization without compromising performance has become paramount now.

Thus, the “three-out, one-in” mechanism can serve as a means to institutionalize best practices for validator uptime. It can also ensure security hardening, and community dialogue.

The post Solana Announces New Validator Policy – Here are the Details appeared first on CoinGape.

The post Crypto News: KuCoin Thailand Officially Launches as SEC-Approved Crypto Exchange appeared first on Coinpedia Fintech News

KuCoin has officially launched its local crypto exchange in Thailand, now known as KuCoin Thailand, in partnership with ERX Company Limited. Fully licensed by Thailand’s Securities and Exchange Commission (SEC), this new platform combines KuCoin’s global trading experience with local operations. 

The launch, effective April 22, marks a major step in KuCoin’s Southeast Asia expansion, offering secure and regulated digital token and cryptocurrency services to Thai users.

“Our goal is to build a leading digital asset platform in Thailand with global vision, institutional-grade service and state-of-the-art technology,” said Henry Chen, Board Director at ERX.

Solutions Tailored To Thai Market

The operator continues to be called ERX, which recently acquired a license from the SEC. KuCoin is one of the top five crypto exchanges globally. ERX’s Chief Executive Att Tongyai Asavanund said that the goal is to bring powerful global tech and resources to offer solutions tailored to the Thai market. 

All the existing users have been migrated to the new platform, which can be accessed at www.kucoin.th or via the KuCoin TH app on mobile stores. ERX, now KuCoin Thailand now has a financial base with 351 million baht in paid-up capital. It’s almost entirely owned by Cryptosphere Ventures, a company set up in September 2024 with 1 million baht in initial capital.

KuCoin Thailand becomes the ninth crypto exchange to be licensed by the SEC, joining big names like Bitkub, Upbit, and Gulf Binance. Bitkub dominates Thailand’s crypto space with a trading volume of around $70 million. 

KuCoin Eyes Rapid Expansions

Previously, Thailand faced regulatory headwinds in South Korea, where KuCoin’s app was blocked without a license. KuCoin is eyeing rapid expansions across Latin America, the Middle East and Europe, with its global user base nearing 40 million. It is also pursuing an EU-wide MiCAR license through Austria.  

While crypto trading is popular in the country, using crypto for payments was banned in 2022. In April, regulators targeted foreign P2P platforms to fight scams and money laundering. KuCoin is also working to resolve a lawsuit with the U.S. CFTC.

The post Crypto News: KuCoin Thailand Officially Launches as SEC-Approved Crypto Exchange appeared first on Coinpedia Fintech News
KuCoin has officially launched its local crypto exchange in Thailand, now known as KuCoin Thailand, in partnership with ERX Company Limited. Fully licensed by Thailand’s Securities and Exchange Commission (SEC), this new platform combines KuCoin’s global trading experience with local operations.  The launch, effective April 22, marks a major step in KuCoin’s Southeast Asia expansion, …

The post Ripple’s XRP Outpaces Bitcoin and Dogecoin to Lead India’s Crypto Market in Q1 2025 appeared first on Coinpedia Fintech News

India’s crypto scene is buzzing in 2025, and one name is getting extra attention — Ripple’s XRP. While Bitcoin and Ethereum have long dominated conversations, Ripple is quietly climbing the ranks, especially when it comes to active trading.

XRP Tops India’s Crypto Trades

According to the latest report from CoinSwitch, one of India’s largest cryptocurrency trading platforms, XRP has become the most traded cryptocurrency in India during the first quarter of this year. This is a big moment for the digital asset, as it overtakes popular tokens like Shiba Inu and Dogecoin, which have enjoyed strong fan bases in the country.

XRP now accounts for over 13% of total trades on the platform, a clear sign that Indian traders are keeping a close eye on it. Experts suggest that recent positive updates surrounding Ripple’s global operations and legal battles have likely boosted investor confidence, encouraging more people to buy and trade XRP.

Traders Pivot from Memecoins to Ripple

Interestingly, while XRP leads the trading charts, Bitcoin and Dogecoin still remain among the top assets held by Indian investors. People in India seem to trust established cryptocurrencies for long-term investments, but when it comes to fast-paced trading, XRP appears to be the go-to choice in early 2025.

Apart from Ripple’s rise, new meme coins like PEPE have also started attracting attention, while older names like Loopring are slowly fading from the spotlight. This shows just how quickly trends can change in India’s crypto market, with both seasoned investors and new traders willing to explore fresh opportunities.

A senior executive at CoinSwitch commented, “The first few months of 2025 have shown us how dynamic the Indian crypto market is. While some coins continue to be long-term favorites, traders are actively exploring new tokens like Ripple, driven by global events and growing awareness.”

The post Ripple’s XRP Outpaces Bitcoin and Dogecoin to Lead India’s Crypto Market in Q1 2025 appeared first on Coinpedia Fintech News
India’s crypto scene is buzzing in 2025, and one name is getting extra attention — Ripple’s XRP. While Bitcoin and Ethereum have long dominated conversations, Ripple is quietly climbing the ranks, especially when it comes to active trading. XRP Tops India’s Crypto Trades According to the latest report from CoinSwitch, one of India’s largest cryptocurrency …

The post Top 5 Altcoins to Buy Now Before the Crypto Bull Run Hits Its Peak appeared first on Coinpedia Fintech News

As the crypto market shows clear signs of recovery, optimism is returning to the scene. Bitcoin has surged past $93,000, and major altcoins are posting gains of over 15% in just a few days. 

The broader rally comes as multiple macro and regulatory factors tilt in crypto’s favor—Trump has paused the rollout of new China tariffs, Paul Atkins has officially taken the reins as the new SEC Chair, and hopes of interest rate cuts are gaining momentum.

With fear cooling off and confidence building, market watchers are turning bullish again. Popular analyst Crypto Christopher believes this is just the beginning of a much bigger rally. He’s spotlighting five top altcoins that he says are ready to explode before the bull run peaks.

1. Ethereum (ETH): 

Christopher remains ultra-bullish on Ethereum, calling it “massively undervalued” around the $1,600 mark. Unlike Bitcoin, ETH hasn’t set a new all-time high this cycle—yet. With Ethereum continuing to dominate DeFi, Web3, and Layer-2 infrastructure, he sees a conservative 3x to 4x upside, and even hints at a potential $10,000 price target in a bullish scenario. 

“This is a generational buying opportunity,” he states.

2. XRP:

Despite regulatory turbulence in recent years, XRP is back on the radar. Christopher sees massive upside potential driven by the coin’s global utility and ambitions for government adoption. XRP has a history of explosive price surges, and with a favorable macro backdrop and increasing utility, the analyst believes it could one day rival Ethereum in market cap.

3. Binance Coin (BNB):

BNB is staging a comeback. With rising trading volume, regular token burns, and cheaper transactions compared to Ethereum, Binance Smart Chain is regaining its developer base. Christopher expects BNB to smash through previous highs, potentially hitting $1,000 or more as new DeFi projects and liquidity return to the ecosystem.

4. Cardano (ADA): 

Often labeled a slow mover, Cardano hasn’t seen the breakout action other Layer 1s have. But Christopher argues that ADA’s current range-bound price is a blessing in disguise. With ADA still well below its $3 ATH, he projects a 5x return is possible.

 “For conservative investors using low leverage, ADA is one of the safest bets right now,” he adds.

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5. Solana (SOL):

Closing the list of top altcoins is Solana, which Christopher dubs one of the strongest Layer 1 ecosystems today. Despite past concerns over network outages, meme coin mania and skyrocketing user volume are fueling momentum. From its current price around $140, Christopher sees 2x to 3x gains ahead, with up to 10x potential on leveraged positions if network growth holds. As market sentiment flips bullish and institutional inflows return, these top altcoins are well-positioned for the next leg of the bull run. While Bitcoin leads the charge, it’s these carefully selected altcoins that could deliver outsized gains, especially if history repeats itself.

The post Top 5 Altcoins to Buy Now Before the Crypto Bull Run Hits Its Peak appeared first on Coinpedia Fintech News
As the crypto market shows clear signs of recovery, optimism is returning to the scene. Bitcoin has surged past $93,000, and major altcoins are posting gains of over 15% in just a few days.  The broader rally comes as multiple macro and regulatory factors tilt in crypto’s favor—Trump has paused the rollout of new China …

The post Crypto Scam Losses Soar 66% in 2024, Says FBI Report appeared first on Coinpedia Fintech News

Crypto scams are getting worse in the U.S. A new report by the FBI’s Internet Crime Complaint Center (IC3) reveals that Americans lost $9.3 billion to crypto fraud in 2024 alone—a shocking 66% increase compared to the $5.6 billion lost in 2023.

With over 140,000 complaints filed last year, authorities are warning that the true extent of losses may be even higher due to underreporting and outdated reporting systems.

Seniors Are the Primary Targets

The report highlights that 33,000 of the complaints came from seniors aged 60 and above, who lost more than $2.8 billion. The FBI notes that scammers deliberately target elderly victims, exploiting their lack of familiarity with digital assets.

A major tactic? Crypto ATM scams. In 2024, at least 2,700 senior citizens were tricked into withdrawing money from their bank or retirement accounts and sending it via crypto ATMs, resulting in total losses of around $107 million.

• Also Read :
•   Crypto Price Today: Profit-Taking Hits Dogecoin, Market Slips 2.5%
•   ,

Fake Investments Drive Most Losses

Another major driver of crypto scams: fake investment opportunities. The report reveals that Americans lost over $1.6 billion in 2024 to fraudulent schemes that promised high returns from nonexistent or high-risk crypto projects.

With scammers constantly evolving their methods, the FBI urges the public to stay alert, avoid unsolicited investment offers, and report suspicious crypto activity. The bottom line? If it sounds too good to be true, it probably is.

The post Crypto Scam Losses Soar 66% in 2024, Says FBI Report appeared first on Coinpedia Fintech News
Crypto scams are getting worse in the U.S. A new report by the FBI’s Internet Crime Complaint Center (IC3) reveals that Americans lost $9.3 billion to crypto fraud in 2024 alone—a shocking 66% increase compared to the $5.6 billion lost in 2023. With over 140,000 complaints filed last year, authorities are warning that the true …