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Canary Capital Sets SUI ETF in Motion with Delaware Filing

Monicah W

Canary Capital, an asset management firm, has registered a statutory trust for a Sui (SUI) exchange-traded fund (ETF) in Delaware. 

The filing, submitted to the Delaware Division of Corporations on March 6, hints at the firm’s intention to launch an SUI ETF. 

Canary Capital Takes First Step Towards SUI ETF

The registration is the first step before submitting an S-1 form to the US Securities and Exchange Commission (SEC). Additionally, the firm will need to submit a 19b-4 filing to the SEC through the exchange where the ETF will be listed. 

SUI ETF
Canary SUI ETF Filing. Source: State of Delaware Official Website

Notably, Canary Capital is the first firm to pursue a SUI ETF. Yet, its ambitions extend beyond SUI. 

The asset manager recently filed an S-1 registration statement for an Axelar (AXL) ETF. In addition, it is exploring funds tracking Litecoin (LTC), XRP (XRP), Solana (SOL), and Hedera (HBAR).

Amidst this, a Sui Network ambassador outlined the potential market impact of a SUI ETF, drawing comparisons to the success of Bitcoin (BTC) and Ethereum (ETH) ETFs. According to the ambassador, a SUI ETF could bring similar benefits.

“Even a slice of the interest that BTC/ETH ETFs saw could significantly boost Sui Network liquidity and market cap,” the post read.

He explained that SUI ETF could boost liquidity by offering a new trading platform for both crypto and traditional investors. Moreover, by holding actual SUI tokens, the ETF could reduce the circulating supply, potentially driving up the price.

The increase in liquidity and price would boost ecosystem growth, making it attractive for developers and institutional investors looking to capitalize on this momentum.

“Bitcoin and Ethereum are now “established.” A newer network like Sui offers higher risk but possibly higher reward, akin to investing in an emerging tech stock,” he wrote.

Nonetheless, the ambassador noted that institutions may be cautious with an SUI ETF. He cited volatility, liquidity, and regulatory uncertainty as potential concerns. 

Furthermore, he claimed that regulatory approval may be difficult, as the SEC has scrutinized many altcoins as potential securities. Thus, he believes SUI could face the same fate, requiring market surveillance and clarity on its status. However, he acknowledged that these regulatory procedures could become more streamlined with President Trump now in office.

Interestingly enough, the filing comes just a day after President Trump-backed World Liberty Financial announced a partnership with the Sui blockchain. The partnership will focus on product development, with WLFI including the altcoin in its Macro Strategy reserve.

The post Canary Capital Sets SUI ETF in Motion with Delaware Filing appeared first on BeInCrypto.

Solaxy and Remittix Backers First to Access Skyren DAO’s Generous Token Surge

Monicah W

skyren-dao (1)

The post Solaxy and Remittix Backers First to Access Skyren DAO’s Generous Token Surge appeared first on Coinpedia Fintech News

Traditional airdrop campaigns have often led to short-term speculation rather than sustainable engagement. Many investors claim tokens only to sell immediately, preventing long-term community growth. In response, DeFi projects are now shifting toward structured airdrop systems, linking token distributions to staking, governance participation, and curated rewards programs.

Skyren DAO has adopted this approach through its Token Surge Event, offering 500 free SKYRN tokens to Solaxy and Remittix presale participants. This system ensures that recipients are not only rewarded but also integrated into Skyren DAO’s governance and incentive-driven airdrop ecosystem.

Solaxy and Remittix: Enhancing Blockchain Utility

Skyren DAO selected Solaxy and Remittix due to their high-value contributions to the blockchain ecosystem. Both projects focus on scalability, real-world payments, and financial accessibility.

skyren

Solaxy is a Layer-2 scaling solution for Solana, designed to reduce congestion and lower transaction fees. By processing transactions off-chain before settling them on Solana’s mainnet, Solaxy enhances scalability while maintaining Solana’s security model. The project has raised $23 million up to date, demonstrating strong market demand.

Remittix is a blockchain-powered remittance platform that enables fast, low-cost cross-border transactions. Unlike traditional payment providers that charge high fees and require long processing times, Remittix facilitates crypto-to-fiat transfers with minimal costs and near-instant settlement. The project has already raised $12.5 million in its presale, solidifying its place in the global remittance market.

Skyren DAO’s airdrop brings Solaxy and Remittix investors into its governance-driven DeFi model, where token holders benefit from staking rewards and curated airdrop distributions.

How Solaxy and Remittix Investors Can Claim Their SKYRN Tokens

Skyren DAO has streamlined the airdrop process for eligible participants:

  1. Go to the Skyren Website – Navigate to skyren.io/token-surge/ and access the airdrop claim page.
  2. Submit Transaction Data – Provide proof of participation in Solaxy or Remittix presales.
  3. Enter an EVM-Compatible Wallet – Use a valid address for the airdrop distribution.
  4. Receive 500 SKYRN Tokens – Tokens will be airdropped to verified participants after launch.

Once claimed, SKYRN tokens can be used for staking, governance participation, and airdrop rewards.

Maximizing SKYRN Utility: Governance, Staking, and Rewards

The SKYRN token is built to serve as a DeFi rewards asset, allowing holders to participate in governance and receive curated token distributions.

Stake SKYRN for Passive Income

Holders can stake SKYRN tokens and earn continuous rewards, getting a stable income stream while securing network liquidity. Pre-staking options allow early adopters to lock in higher APY rates, maximizing their earnings before SKYRN is publicly traded.

Participate in DAO Governance

Skyren operates as a decentralized autonomous organization (DAO), where SKYRN holders vote on major governance proposals, such as staking structures, platform upgrades, and airdrop distributions.

Exclusive Access to High-Value Airdrops

Instead of random airdrop distributions, Skyren provides curated token rewards, ensuring that every SKYRN holder benefits from vetted blockchain projects.

Contributor Keys: Unlock Premium Benefits

Skyren’s Contributor Keys, a Polygon-based NFT system, offer additional perks, including:

  • Enhanced staking multipliers
  • Increased governance influence
  • Early access to high-tier airdrop pools

These incentives turn SKYRN into a long-term rewards asset, ensuring that holders engage with the platform beyond the initial claim. Skyren DAO’s governance model and staking system have been analyzed by Crypto Volt, highlighting the benefits of structured airdrop incentives.

Spin The Wheel: A Reward System for Active SKYRN Holders

Skyren DAO’s Spin The Wheel feature increases engagement by rewarding token buyers with additional incentives.

How It Works

  • Purchase SKYRN tokens – Every transaction earns spin tickets.
  • Spin for bonus rewards – Additional SKYRN tokens or staking multipliers.
  • Higher purchase amounts increase the number of spins.
  • Instant SKYRN bonuses are credited to winners.

This feature provides continuous engagement, keeping the Skyren community active and invested.

Claim Your 500 SKYRN Before the Airdrop Window Closes

Solaxy and Remittix presale participants have limited time to claim their 500 free SKYRN tokens, gaining access to governance, staking rewards, and curated airdrop programs. This marks a shift toward long-term DeFi incentives, ensuring that investors actively participate in structured airdrop rewards.

Complete the verification process today to secure SKYRN tokens before the claim period ends.

The post Solaxy and Remittix Backers First to Access Skyren DAO’s Generous Token Surge appeared first on Coinpedia Fintech News
Traditional airdrop campaigns have often led to short-term speculation rather than sustainable engagement. Many investors claim tokens only to sell immediately, preventing long-term community growth. In response, DeFi projects are now shifting toward structured airdrop systems, linking token distributions to staking, governance participation, and curated rewards programs. Skyren DAO has adopted this approach through its …

News

Binance’s CZ Sparks Debate: Should AI Projects Be Built on Layer 1 or Layer 2 Blockchains?

Monicah W

Binance’s founder and former CEO, Changpeng Zhao (CZ), has sparked a fresh debate in the crypto community. The crypto executive questioned whether AI-focused blockchain projects should be built on Layer 1 (L1) or Layer 2 (L2) networks.

The broader discussion aligns with industry trends, where AI and blockchain convergence is becoming a focal point for developers and investors alike.

Where Should AI Live? CZ Fuels L1 vs. L2 Discussion

In a recent post on X (Twitter), CZ highlighted that the core purpose of such projects is not to develop a superior blockchain. Instead, it is to use blockchain technology to support AI economics.

He noted that while L1 provides greater sovereignty and decentralization, it also demands more effort in maintaining nodes and validators. In contrast, L2 networks offer convenience by leveraging existing ecosystems like Ethereum’s decentralized exchanges (DEXs), perpetual contracts, and tools without significant value leakage to the base layer.

“L1 vs L2…Does it matter if a new AI project is an L1 or an L2?… Is L1 cooler than L2 or the reverse? Old topic, but wondering if sentiment has changed or not,” CZ posed, welcoming conversation.

Crypto analyst Hitesh Malviya argues that L1 blockchain is the superior choice. The analyst advocates this network for projects seeking to establish their own consensus mechanisms, optimize performance, and reduce validator costs.

However, he also warns that despite extensive fundraising and user acquisition efforts, many L1 projects still experience retention drops of 70-90% after token generation events (TGE).

“…even if you retain users, you would only see one category or niche capturing the maximum traction onchain. So if the destination is already known—retention drop, higher user acquisition costs, and niche-specific demand capture—then why not build an app chain using an L2 stack,” Hitesh suggested.

Given these challenges, he suggests that building an AI-focused blockchain as an L2 app chain is a more practical approach. This would allow for faster development, marketing, and scalability.

Meanwhile, Walter from the BNB Chain Business Development team supports L2. He emphasized its accessibility to existing tools and infrastructure. His comment also hints at speculation regarding CZ’s possible attendance at an upcoming Crypto Summit at the White House.

AI & Blockchain: The Layer 1, Layer 2, and Layer 3 Debate

Investor and blockchain advisor Anndy Lian adds another dimension to the debate. In a subsequent comment on X, he argued that AI is most effectively deployed at Layer-3 (L3). He explains that while implementing AI on L1 is theoretically possible, it is impractical due to security and resource constraints.

“AI can be implemented on blockchain Layers 1, 2, or 3… In practice, Layer 3 is where AI is most effectively and frequently utilized, leveraging the blockchain’s strengths while accommodating AI’s computational needs,” Lian explained.

On L2, the blockchain advisor noted that AI can optimize scalability. However, AI is most frequently utilized in L3, enabling a diverse range of AI-powered applications while leveraging blockchain’s strengths.

Meanwhile, CZ discusses AI’s placement in the blockchain ecosystem amid growing interest in AI-integrated L2 networks. In June 2024, Binance Labs (now YZI Labs) invested in Zircuit, an AI-enhanced L2 network that utilizes zero-knowledge rollups to improve security.

This investment signals Binance’s strategic focus on AI-blockchain integration, potentially influencing CZ’s latest inquiry.

Ethereum co-founder Vitalik Buterin has also been actively discussing L1 and L2 scaling solutions. Last month, Buterin outlined a roadmap for scaling Ethereum’s L1 and L2 protocols in 2025. However, he also recently cautioned that certain L2 networks will likely fail due to weak economic models and poor execution.

These statements further fuel the debate on whether AI projects should build their sovereign chains or integrate with existing ecosystems.

Nevertheless, CZ’s timing in raising this question may suggest he is gauging market sentiment for a new AI blockchain initiative. Given Binance’s investment in AI-driven L2 solutions and the increasing interest in modular blockchain architectures, he could be testing the waters for future ventures.

The trade-offs between sovereignty, scalability, and accessibility will shape the future of AI-blockchain integration. This could make it essential for developers and investors to weigh their options carefully.

The post Binance’s CZ Sparks Debate: Should AI Projects Be Built on Layer 1 or Layer 2 Blockchains? appeared first on BeInCrypto.

Bitcoin Price Prediction 2025: Will BTC Break $100K Again?

Monicah W

The post Bitcoin Price Prediction 2025: Will BTC Break $100K Again? appeared first on Coinpedia Fintech News

In the last 24 hours, the cryptocurrency market has experienced a drop of 3.7%. During the period, the Bitcoin market has declined by over 1.9%. Currently, the price of BTC stands at $89,003.65 – nearly 22.49% below its all-time high. In the last 30 days, the BTC price has dropped by over 8.7%. The recent price dip of the largest crypto by market cap has raised concerns. However, experts say that the bull run is far from over. Swan Bitcoin CEO Cory Klippsten predicts that the BTC price could surpass $109,000 by June. Here is everything you should know.

BTC’s Path to a New All-Time High 

Klippsten thinks that Bitcoin has at least a 50% chance of reaching a new all-time high by June. He argues that BTC is still in a strong upward trend despite short-term drops. 

He states that the market first needs to absorb macroeconomic uncertainties, including Trump’s tariff policies and inflation fears. 

Macroeconomic Factors Impacting Bitcoin’s Price 

On February 1, US President Donald Trump introduced an aggressive tariff policy against China, Canada and Mexico. The Trump administration imposed tougher import tariffs on these countries. Klippsten argues that the tariff policy has affected the BTC market severely. Since the day the tariff policy was introduced, the BTC price has slipped by approximately 14%.   

He also states that inflation fears have influenced the Bitcoin market. However, he acknowledges that the current downtrend in the BTC market is short-term in nature. 

Why This Is a Pause, Not the End of the Bull Run 

Klippsten argues that Bitcoin’s momentum from its $100K breakout is still strong. He points out that institutional demand for BTC remains steady and strong. He also notes that long-term investors are not selling their holdings. 

In December 2024, the month when the market touched the crucial milestone of $100K, the market showed a decline of -3.19%. In January 2025, the market recorded a monthly return of +9.54%. In February, it registered a return of -17.5%. This month, so far, the market has grown by 5.53%. 

Impact of Trump’s Strategic Bitcoin Reserve Announcement 

Recently, the Trump administration confirmed its plan to establish a crypto strategic reserve. It appears that the announcement has made no impact on the BTC market. 

Experts believe that the lack of clarity regarding how much BTC the government would buy led to disappointment in the crypto community. 

Bitcoin’s Expected Price Movements in the Coming Weeks 

Analyst Timothy Peterson predicts that BTC will trade between $85,000 and $95,000 for 6 to 12 weeks. After that, the BTC price is expected to rebound to $100,000. 

The post Bitcoin Price Prediction 2025: Will BTC Break $100K Again? appeared first on Coinpedia Fintech News
In the last 24 hours, the cryptocurrency market has experienced a drop of 3.7%. During the period, the Bitcoin market has declined by over 1.9%. Currently, the price of BTC stands at $89,003.65 – nearly 22.49% below its all-time high. In the last 30 days, the BTC price has dropped by over 8.7%. The recent …

Solana Co-founder Calls Trump’s Bitcoin Order ‘A Scalpel’, Here’s Why

Monicah W

Solana Co-founder Calls Trump's Bitcoin Order 'A Scalpel', Here's Why

Solana co-founder Anatoly Yakovenko offered a balance evaluation of Donald Trump’s Executive Order (EO) on the strategic Bitcoin reserve. In a recent statement, Yakovenko likened the Bitcoin reserve to a “scalpel,” suggesting that the move marks a significant step towards regulatory clarity.

Notably, the Solana founder’s statement underscores the administration’s targeted and precise regulatory framework for digital assets. Let’s unveil how Anatoly Yakovenko views Trump’s Bitcoin reserve strategy.

Donald Trump’s Bitcoin EO is a Scalpel, Says Solana Co-Founder

Donald Trump’s recent executive order for a strategic crypto reserve has invoked widespread enthusiasm. Despite some disagreements with the inclusion of altcoins like XRP, SOL, and ADA, the crypto community stands strong with the Bitcoin order. In a recent X post, Solana co-founder Anatoly Yakovenko addressed the Bitcoin reserve plan as a scalpel. This suggests that the EO’s regulatory approach is characterized by precision and specificity, rather than overly restrictive measures.

Significantly, the Solana co-founder’s message highlight the nuances of crypto regulatory landscape and the need for clarity. Yakovenko emphasized that the Bitcoin order will pave the way for more regulatory clarity in the US. He added, “We need a stablecoin bill, guidance to let banks deposit and withdraw crypto, clear rules from the sec and cftc for issuance and defi.”

Solana Co-Founder Opposes Crypto Reserve Proposal

Despite his recent endorsement, the Solana co-founder criticized Donald Trump’s crypto reserve proposal. His criticisms were based on the idea that the government control could undermine the notion of decentralization.

Recently, Yakovenko outlined his preferences regarding a US reserve of cryptocurrencies, with his top choice being no reserve at all. His second preference was to allow individual states to oversee their own reserves. This approach, he believes, would provide a safeguard against potential missteps by the Federal Reserve.

In addition to Yakovenko’s opposition, controversy arose when Cardano founder Charles Hoskinson revealed that he had not been invited to the Crypto Summit, where discussions on the reserve were slated to take place.

How Will Donald Trump’s Crypto Reserve Reshape Financial Space?

According to Robert Kiyosaki, the author of “Rich Dad Poor Dad,” Bitcoin could heal America’s financial woes. With Trump’s decision to adopt a Bitcoin reserve, the cryptocurrency is poised to reach new all-time highs, stated Kiyosaki.

However, Trump’s crypto policies could be a threat to Wall Street. Primarily due to the possible growth of stablecoins, which in turn boosts Silicon Valley’s establishment, the traditional financial ecosystem could collapse. Thus Trump’s pro-crypto stance signals the potential downfall of Wall Street.

The post Solana Co-founder Calls Trump’s Bitcoin Order ‘A Scalpel’, Here’s Why appeared first on CoinGape.

Coinbase-backed Base Acquires Iron Fish Team; Will it Strengthen Privacy Solutions on Base?

Monicah W

In a strategic move aimed at strengthening blockchain privacy solutions, Base, the Ethereum Layer-2 network incubated by Coinbase, announced on Thursday that it has acquired the core development team of Iron Fish, a proof-of-work (PoW) blockchain specializing in privacy-preserving transactions.

The acquisition aims at enhancing Base’s user privacy and security in the rapidly evolving decentralized finance (DeFi) and blockchain ecosystem.

Strengthening Privacy in Blockchain

Privacy remains a critical challenge in blockchain technology, where most transactions are transparent and publicly accessible. Iron Fish, launched in 2023, gained recognition for its use of zero-knowledge proofs (ZKPs) to enable confidential transactions while maintaining regulatory compliance. By integrating Iron Fish’s expertise, Base aims to develop and implement “privacy-preserving primitives,” foundational tools designed to enhance confidentiality within the Base ecosystem.

These primitives will play a crucial role in ensuring secure transactions without exposing sensitive user data. With increasing concerns over data privacy, Base’s initiative aligns with broader industry efforts to develop more secure blockchain infrastructures that balance transparency and confidentiality.

What the Acquisition brings

While the financial terms of the acquisition remain undisclosed, the deal is primarily focused on the integration of Iron Fish’s team and technology into Base’s development framework. The move does not indicate a full acquisition of Iron Fish as a network but rather a strategic hiring of its core developers.

“Privacy is fundamental to building an open financial system. The Iron Fish team has pioneered some of the most innovative privacy solutions in blockchain, and we’re excited to bring their expertise into Base,” said Jesse Pollak, the lead at Base, in a statement.

Iron Fish founder Elena Nadolinski also expressed optimism about the collaboration, emphasizing that the team’s mission to enable privacy in blockchain will be significantly advanced under Base’s infrastructure and scale. “Joining forces with Base allows us to bring privacy solutions to a much broader user base while continuing to innovate,” she stated.

The Growing Role of Privacy in Blockchain

The acquisition highlights an industry-wide trend where major blockchain platforms are increasingly investing in privacy solutions. Ethereum’s ongoing research into zero-knowledge rollups (ZK-rollups) and other cryptographic techniques reflects the demand for confidentiality without compromising decentralization.

Base, as a Layer-2 scaling solution for Ethereum, has positioned itself as a fast, low-cost, and developer-friendly network. However, privacy has remained an area of improvement. By incorporating Iron Fish’s privacy technology, Base aims to offer users a more secure environment for DeFi applications, NFTs, and on-chain identity solutions.

Regulatory compliance will also be a key consideration. Privacy-focused projects have historically faced scrutiny, with regulators emphasizing the need for anti-money laundering (AML) and counter-terrorism financing (CTF) measures. Base is expected to develop privacy features that align with regulatory frameworks while preserving user autonomy.

What’s Next for Base and Iron Fish?

Following the acquisition, Base plans to integrate privacy-preserving primitives into its roadmap, with an initial focus on secure transactions and identity solutions. Developers can expect updates in the coming months as Base rolls out new features leveraging Iron Fish’s expertise.

Meanwhile, the Iron Fish blockchain remains operational, though the long-term implications of the acquisition on the network are unclear. Some community members have raised concerns about the transition, particularly regarding the future of Iron Fish’s standalone privacy chain. However, both teams have assured that their focus remains on advancing blockchain privacy at scale.

Base’s acquisition of the Iron Fish development team signals a pivotal step toward improving privacy on Ethereum Layer-2 networks. With privacy concerns gaining traction among users and regulators alike, the collaboration has the potential to set new industry standards for secure, decentralized transactions. As the integration progresses, the blockchain community will be watching closely to see how Base leverages Iron Fish’s innovations to shape the future of on-chain privacy.

 

The post Coinbase-backed Base Acquires Iron Fish Team; Will it Strengthen Privacy Solutions on Base? appeared first on CoinGape.

Why MSTR Stock Price Crashed 10% After Trump Signed Strategic Bitcoin Reserve Executive Order?

Monicah W

Why MSTR Stock Price Crashed 10% After Trump Signed Strategic Bitcoin Reserve Executive Order?

The Donald Trump Executive Order signing for the Bitcoin Reserve is one of the industry’s biggest events. However, the market has witnessed an unaffected outcome, especially with MicroStrategy Stock. Since the signing, the MSTR Stock price has crashed 10%, showing the hidden bearish factor of the announcement.

Not only that, the Bitcoin price crashed 5% as well, whereas the rest of the crypto market witnessed recovery. Let’s discuss what went wrong with this bullish news.

Top Reasons Why MSTR Stock Price Crashed 10% Today

The crypto investors’ sentiments are a major factor in the MSTR stock price performance. Their bullish outlook on the situation helps it grow, but a bearish outlook leads to a decline in value. Although Trump’s approval of the Bitcoin Reserve is bullish news, there’s quite a lack of clarity on many factors.

This affected the investors’ sentiments and fueled the selling emotions. In the end, the MicroStrategy stock price declined 10%, currently trading at $304.11.

MSTR stock price crash

Overbuilt Market Expectations Led to a Sell-Off

The primary reasons for the decline in the MSTR stock price are simple and explain the intricacies of the market. The investors were awaiting a much bigger and better announcement and have placed their trades accordingly. Some even anticipated that the U.S. government would buy billions of Bitcoin for the reserve and bring the market uptrend.

However, the opposite happened, as David Sacks’s announcement revealed that no buying would be made. Instead, the reserve of criminal and civil counterfeited seized assets will be used.

Bitcoin Reserve Announcement

The announcement fell short of expectations, resulting in a massive sell-off. This is a common phenomenon called “buy the rumor and sell the news,” which resulted in people profit-taking on what they could and selling.

As a result, this news has brought Bitcoin and BTC-related stocks to a more organic trading pattern, as previous speculations and institutional buyers like MicroStrategy fueled it.

MicroStrategy’s Role as a Bitcoin Proxy Changed Overnight

With its Bitcoin buying strategy, MicroStrategy has built a significant image in the market. The endorsements of the founder, Michael Saylor, and the BTC buying have affected the entire crypto market. More importantly, with a 165% return on its BTC investment, MSTR is among the top-performing stocks. As a result, it is often viewed as an alternative to Bitcoin.

Microstrategy yearly return

Additionally, the regulatory uncertainty around the digital currency made it superior. However, Donald Trump is hosting the Crypto Summit and the executive order, which is bringing better regulatory clarity to Bitcoin and increasing confidence in this digital asset.

As a result, some market participants moved from MSTR and into Bitcoin itself, causing downward pressure on MSTR.

What’s Next for MSTR Stock and Bitcoin Price?

The MSTR stock price crash has raised investors’ concerns over its performance with the Bitcoin Reserve in the picture. However, investors must keep a broader vision in mind, as there is likely to be short-term selling pressure. More importantly, its fundamentals remain the same.

The firm still holds a massive BTC treasure and serves the purpose of the adjacent asset. Although the future of Bitcoin price actions seems optimistic with the Bitcoin Reserve, the uncertainty may keep it in control.

As a result, the performance of the MicroStrategy stock will also depend on this digital asset. Investors must closely monitor the news around this subject and trade accordingly.

The post Why MSTR Stock Price Crashed 10% After Trump Signed Strategic Bitcoin Reserve Executive Order? appeared first on CoinGape.

Analyst Reveals How Cardano Price Can Rally To $2 Amid ADA Crypto Stockpile Buzz

Monicah W

Analyst Reveals How Cardano Price Can Rally To $2 Amid ADA Crypto Stockpile Buzz

The Cardano price secured a prominent spot on investors’ radars amid the recent US crypto stockpile announcement. Intriguingly, a renowned crypto market analyst has taken the stage amid this development to reveal how ADA price can rally to $2 ahead. In light of the market-wide bets of the crypto being included in the ‘crypto stockpile’ announced by Trump, traders and investors infer whether the analyst’s forecast is set to unfold.

Top Analyst Reveals Why Cardano Price Rally To $2 Looms

In an X post by Ali Martinez on March 7, the analyst revealed that Cardano price has been forming a right-angled descending broadening wedge pattern since December last year. Per the analyst, the $1.14 level acts as a key horizontal resistance barrier amid this formation.

A daily candlestick close above this resistance could trigger a bull rally to $2, the analyst added. However, ADA price traded down 7% in the past 24 hours and exchanged hands at $0.8822. The coin bottomed at $0.8232, waning in line with the broader crypto market trend today.

Nevertheless, traders and investors continue to eye the coin bullishly amid broader advancements.

Why The Sudden Optimism Around Cardano Price?

It’s worth mentioning that traders and investors are abuzz with the latest pro-cryptocurrency developments in the US President Donald Trump recently signed an executive order for a Bitcoin strategic reserve, whilst a ‘crypto stockpile’ for altcoins is also in the pipeline.

This stockpile is highly anticipated to encompass altcoins like Ethereum (ETH), XRP, Solana (SOL), and ADA. As an upshot, market watchers weigh considerable optimism over the crypto’s long-term potential in sync with the analyst’s projections.

Also, CoinGape recently reported that the US SEC acknowledged Grayscale’s Spot Cardano ETF filing last month. These broader developments set off a tidal wave of market optimism despite the broader volatility.

More Analysts Join The Fray, Ignite Market Bullishness

Simultaneously, a couple of other renowned market analysts added bullishness over ADA price outlook.

Analyst Rose Premium Signals took to X, revealing that ADA is consolidating within a descending channel on the daily chart. With this statement, the analyst signaled that the price is hovering around descending resistance, hinting at a potential breakout. The short-term targets for the crypto remain at $1.30 and $1.40, which is up over 40% from the current level.

Cardano price
Source: Rose Premium Signals, X

On the other hand, market expert Coinvo posted on X, revealing that Cardano’s price is about to go parabolic after Trump’s announcement of the crypto stockpile. Overall, market watchers remain highly bullish about crypto amid broader developments despite a waning price action today. Simultaneously, the upcoming White House crypto summit is also expected to offer further clarity on the U.S. crypto stockpile.

ADA price
Source: Coinvo, X

The post Analyst Reveals How Cardano Price Can Rally To $2 Amid ADA Crypto Stockpile Buzz appeared first on CoinGape.

Whales Dump 230M XRP as Trump Dismisses Plans to Buy Ripple – Will Price Crash Below $2?

Monicah W

Whales Dump 230M XRP as Trump Dismisses Plans to Buy Ripple - Will Price Crash Below $2?

XRP price is under selling pressure from whales after these large addresses reduced their holdings by more than 230M XRP within 48 hours. This sale comes after President Donald Trump revealed that the US government will not buy any coins that will be part of the digital assets stockpile. As the market sentiment toward Ripple shifts, with the XRP price crash below $2? 

XRP price today trades at $2.50 after a slight 1.5% decline in 24 hours. 

Whales Sell 230M as Trump Dismisses Plans to Buy XRP

Data from Santiment shows that in the past 24 hours, Ripple whales holding between 10M and 100M XRP have sold more than 230M tokens worth approximately $575 million. After the recent sale, these XRP whales now hold the least amount of tokens in over a week. 

Whales Dump 230M XRP as Trump Dismisses Plans to Buy Ripple - Will Price Crash Below $2?
XRP Whales

The whale selling coincides with President Trump’s changes to the US crypto reserve, triggering a drop in XRP price and the crypto market today. President Trump has revealed that the US government will not buy Ripple or any assets for its digital assets stockpile. According to the White House, 

“The government will not acquire additional assets for the U.S. Digital Asset Stockpile beyond those obtained through forfeiture proceedings.”

According to Bitcoin advocate Samson Mow, Trump is hesitant to buy XRP because of a lack of clear guidelines. Mow was among those who opposed XRP’s inclusion in the reserve. 

“There was just no way to create guidelines which can allow the inclusion of XRP without including [random memecoin] and the optics of buying these things to enrich individuals and companies would be horrific.” 

Mow further noted that the attendance of Ripple CEO at the White House crypto summit was only as a lobbyist and would not influence Trump’s decision for the reserve. 

XRP Price Analysis as Bearish Pattern Emerges 

XRP price is under bearish pressure after a descending triangle pattern emerged on the daily chart. This pattern shows that sellers have been pushing the price down amid weak demand from buyers, which may push the price below $2.

Ripple price bounced from the critical support level of $2.14 as traders bought XRP earlier this week after news of the crypto strategic reserve. However, the token is now facing strong resistance at the upper trendline, with a breakout only set to occur if Ripple can break out above $2.60. 

XRP price could make a strong breakout from the upper trendline due to weakening sell-side activity as seen with the rising MACD line. The RSI has also moved above 50 again, indicating that buyers are gaining strength. 

Whales Dump 230M XRP as Trump Dismisses Plans to Buy Ripple - Will Price Crash Below $2?
XRP/USDT: 1-day Chart

As the US crypto summit happens today, XRP price could likely face volatility. Garlinghouse’s presence at the summit could boost some gains, but if the market has already priced this in, it could lead to minimal gains or even cause a selloff. 

The post Whales Dump 230M XRP as Trump Dismisses Plans to Buy Ripple – Will Price Crash Below $2? appeared first on CoinGape.

Solana Price Prediction 2025, 2026 – 2030: SOL Price Targets $500 Next?

Monicah W

Solana Price Prediction

The post Solana Price Prediction 2025, 2026 – 2030: SOL Price Targets $500 Next? appeared first on Coinpedia Fintech News

Story Highlights

  • Solana Price Today is  $ 143.76377676.
  • Solana price could reach a potential high of $400 in 2025.
  • With a potential surge, the SOL price could hit $1,351 by 2030.

Solana is coming true to its community-claimed title, “Ethereum-Killer” as it gradually surpasses Ethereum in the decentralized market. However, with the ongoing volatility in the cryptocurrency market, the Solana price currently trades at a discount of 50.84% from its ATH of $294.33.

Following this, crypto investors are storming Google with questions like “Is Solana going to go up?” or “How high can Solana go?” and “Will SOL price reach $500 this altcoin season?”

To answer more such questions, we bring to you our Solana price prediction 2025, 2026 – 2030. We’ll address these queries using our analyses, market sentiments, and regular updates from the crypto world.

Table of Contents

Overview

Cryptocurrency Solana
Token SOL
Price  $ 143.76377676 top loser -5.63%
Market cap  $ 73,133,487,803.6270
Circulating Supply  508,705,944.2346
Trading Volume   $ 4,741,901,686.3652
All-time high $294.33 on 19th January 2025
All-time low $0.5052 on 12th May 2020

Solana Price Prediction 2025

If Solana encourages newer upcoming startups, it could be a new competitor for other cryptocurrencies in the market. Moreover, with a highly anticipated approval of the Solana ETF in 2025, the SOL altcoin is projected to experience a major price rally during the coming AltSeason.

If the market favors the bulls, the Solana coin price could breach its current all-time high and head toward a new high of $400. Conversely, stricter regulations or a network congestion setback could pull the price toward its annual low of $250.

Considering the present market sentiment, the SOL crypto could settle with an average trading price of around $325.

Year Potential Low Potential Average Potential High
2025 $250 $325 $400

Also, read Ethereum Price Prediction 2025, 2026 – 2030!

Solana (SOL) Price Prediction 2026 – 2030

Year Potential Low ($) Potential Average ($) Potential High ($)
2026 310 410 510
2027 389 506 623
2028 476 622 769
2029 597 772 948
2030 716 1,033 1,351

Solana Price Forecast 2026

By the Solana Price Prediction 2026, the potential low price for SOL is $310, with an average price projected at $410 and a potential high of $510.

SOL Price Analysis 2027

Moving on to Solana Price Prediction 2027, the potential low price for SOL is estimated at $389, while the average price is predicted to be around $506. The potential high price for SOL in 2027 is projected to reach $623.

Solana Crypto Price Prediction 2028

As per the Solana Price Prediction 2028, the potential low price for SOL is expected to be $476, with an average price of $622. Further, the potential high price for SOL during this year is projected to reach $769.

SOL Coin Price Prediction 2029

Looking ahead to 2029, the Solana price targets a potential low of $597, with an average price of $772. Moreover, the potential high price for SOL in 2029 can reach $948.

Solana Price Prediction 2030

For Solana Price Prediction 2030, we estimate a potential low at $716, with an average price of $1,033. The potential high price for Solana in 2030 is projected to reach $1,351.

Solana (SOL) Price Projection 2031, 2032, 2033, 2040, 2050

Year Potential Low ($) Potential Average ($) Potential High ($)
2031 936 1,351 1,766
2032 1,196 1,697 2,198
2033 1,566 2,417 3,269
2040 5,091 8,394 11,698
2050 23,358 47,908 72,459

Market Analysis

Firm Name 2025 2026 2030
Changelly $228.37 $280.81 $1,136
Coincodex $291.49 $186.25 $447.82
Binance $202.18 $212.29 $258.04

Raoul Pal’s Bold Outlook: Solana Price Prediction Of A Potential 20x Rally:

Raoul Pal, founder of Real Vision, predicts a potential 20x rally for Solana. He attributes this to Solana’s advanced blockchain technology, growing ecosystem, and rising investor interest. 

If Pal’s prediction holds, Solana’s price could exceed $400 in the coming months, a significant surge from its previous peak. Despite market trends, Solana has shown resilience, maintaining a strong performance with consistent buying pressure.

CoinPedia’s Solana (SOL) Price Prediction

With the improving network conditions of Solana and the slow but steady rise in the DeFi sector, the SOL prices project a bullish future.

According to CoinPedia’s formulated SOL price prediction, the price might surge to $400 in 2025. On the flip side, a failure to sustain recovery will plunge Solana prices to $250 during that year.

Year Potential Low Potential Average Potential High
2025 $250 $325 $400

Also, read our Tron Price Prediction 2025, 2026 – 2030!

FAQs

What is the current price of the Solana token?

Solana current price is $143.90.

Will the SOL price reach $350 by the end of 2025?

According to our Solana price prediction, the altcoin might chug up to a maximum of $400 by 2025.

How high can Solana go by the end of 2030?

With a potential surge, the price of SOL could reach a maximum of $1,351 by 2030.

Will Solana reclaim its crown of being an Ethereum killer?

Solana with its strengths in fundamentals still holds significant prominence. That said, we can expect its glory to shine brighter with resolutions to shortcomings, and major Solana news.

Will Solana enter the top-3 cryptos in terms of market capitalization in 2025?

Solana holds the potential to climb higher on the market cap rankings. The digital asset could make it to the target if it does not fall to negative criticism.

What is the Solana Foundation?

The Solana Foundation is dedicated to growing the Solana network into the world’s most decentralized and censorship-resistant blockchain.

How much would the price of Solana be in 2040?

As per our latest SOL price analysis, the Solana could reach a maximum price of $11,698.

How much will the SOL price be in 2050?

By 2050, a single Solana price could go as high as $72,459.

The post Solana Price Prediction 2025, 2026 – 2030: SOL Price Targets $500 Next? appeared first on Coinpedia Fintech News
Story Highlights Solana Price Today is . Solana price could reach a potential high of $400 in 2025. With a potential surge, the SOL price could hit $1,351 by 2030. Solana is coming true to its community-claimed title, “Ethereum-Killer” as it gradually surpasses Ethereum in the decentralized market. However, with the ongoing volatility in the …