The XRP market faces significant changes as both Ripple and the U.S. Securities and Exchange Commission (SEC) approach the end of their legal dispute. The case has gained prominence among the crypto community during the entire time of SEC Chair Gary Gensler’s enforcement period. The XRP price is trending upward, currently hovering above $2.45, with a 5% surge over the past week. Let’s Uncover these top 4 XRP rivals, including ADA, DOGE, and SOL, that could see a 10x surge
XRP Rivals: Cardano (ADA)
Cardano (ADA) price maintains bullish strength because its market price reached $0.7665 after demonstrating a 3% positive change over the last day. The price of ADA has increased 10% throughout the past seven days.
The cryptocurrency holds itself at the $0.76 support point and aims toward the essential $1 price level. The Ripple lawsuit approaches its end while its XRP competitor ADA maintains its upward movement. The ADA market attracts trader attention since its value continues to evolve during this market transition period.
Dogecoin (DOGE)
Dogecoin (DOGE) price surpassed $0.20 marking its last 24 hours with a 10% market increase. The market price of DOGE is $0.2017, and it is currently positioned among the top performers alongside the price of XRP. The Dogecoin Foundation revealed important news as the market experienced a price increase.
The foundation has launched the House of Doge, a new division dedicated to boosting DOGE’s ecosystem. As part of the move, the Official Dogecoin Reserve was introduced, securing 10 million DOGE at market rates.
The foundation aims to position DOGE as a fast, decentralized global payment network. The price rally followed a breakout from a three-month descending trendline, with analysts citing an ascending triangle pattern.
Solana (SOL)
Solana price has seen a notable surge in price, with the current market recovery. At the time of writing, the SOL price hovered at $140, with a strong surge of 15% in the past week, making it among the XRP rivals. The SOL price prediction could hit above the $160 level if the bullish trend continues.
Solana derivatives volume experienced a 1.88% increase until it reached $9.41 billion as recorded by Coinglass. Open interest reached $5.07 billion after an increase of 1.54%. The rising figures demonstrate an increasing level of marketplace activity in the Solana derivatives sector. The two indicators demonstrate an increase in immediate trading conduct.
To sum up, The approaching resolution of Ripple’s legal battle will create a profound effect on XRP alongside its competitors in the market. XRP Rival ADA DOGE and SOL could experience additional value growth when positive resolutions strengthen market conditions.
Dozens of Binance users report receiving an alarming wave of phishing text messages that appear genuine. These messages even match the phone number and SMS inbox they regularly see for official Binance updates.
Almost all phishing texts reviewed by BeInCrypto have the same wording and format. This leads us to believe that a particular threat actor or criminal group is targeting Binance users with a sophisticated phishing campaign.
Targeted Phishing Campaign Against Binance Users
The messages often warn of users’ unauthorized account activities—such as a newly added two-factor authentication device.
Most commonly, the phishing messages follow up with a text about an unexpected Binance API pairing with Ledger Live. The recipients are then urged to call a provided phone number.
Some targeted users claim these texts show up in the same thread as their legitimate Binance notifications. This creates confusion and prompts them to engage. Investigations by BeInCrypto reveal a surge in consumer complaints on X (formerly Twitter).
A Binance Use Shared the SMS Received Over the Past Week with BeInCrypto
Many users say they were caught off guard because the scam messages originated from the same sender ID used by Binance for authentic notifications.
Meanwhile, the criminals behind this campaign appear to be capitalizing on publicly reported leaks of Binance user data on dark web forums.
The suspected group of threat actors is likely using leaked information—names, phone numbers, and emails—to craft targeted messages that give the illusion of legitimacy.
Recordad que aunque os llegue un mensaje por el canal “oficial” de SMS de @binance, JAMÁS debéis hacer click en ningún enlace ni hacer caso de lo que os envíen.
— Ingeniero Seed Ph. (Oficial) (@IngenieroSeed) April 11, 2025
Also, the pattern seen in the phishing attempts typically involves an urgent “not you?” query. It prompts recipients to call an embedded phone line instead of simply clicking a link.
This method bypasses the more common scenario of phishing links in SMS.
Binance is Extending Anti-Phishing Code to SMS
In an exclusive email to BeInCrypto, Binance’s Chief Security Officer, Jimmy Su, responded to these findings. Su confirmed the company’s awareness of the escalating smishing incidents.
“We are aware of smishing scams on the rise where phishing scammers are impersonating us and other legitimate senders via SMS. These scams appear to be more authentic, tricking users into revealing sensitive information, clicking into phishing links, or making a transfer that result in loss of assets.” Binance’s Chief Security Officer told BeInCrypto.
Su further disclosed that Binance has extended its Anti-Phishing Code to SMS. This feature was originally offered for emails.
The code is a user-defined identifier that appears in official Binance messages, making it easier for recipients to recognize genuine notifications and avoid impostors.
“By incorporating a unique Anti-Phishing code into Binance SMS messages, we are making it significantly harder for scammers to deceive our users,” Su said.
The Anti-Phishing Code has been rolled out to all licensed jurisdictions where Binance operates.
Also, according to Binance, both registered and non-registered users have reported receiving suspicious texts.
Therefore, attackers might be leveraging databases that include phone numbers of individuals not actively using Binance.
Scammers are using lookalike sites to steal your credentials.
We’ll never ask for your password or MFA code outside our site. Always check the URL before logging in. QR codes should always… pic.twitter.com/xX6ahKtm3t
BeInCrypto advises users to adopt additional measures, such as verifying transactions directly through Binance’s official app or website, using multifactor authentication, and never sharing credentials over the phone.
Reporting suspicious messages to Binance’s support team is strongly advised.
Individuals are encouraged to confirm official communications by checking for the Anti-Phishing Code and to carefully scrutinize any request to call phone numbers provided in unsolicited messages.
During the 2025 edition of the Paris Blockchain Week, BeInCrypto sat down with Alexis Yellow, CEO of Yellow, a crypto project working on an entirely new paradigm based on Satoshi’s initial vision for Bitcoin.
He talks about the upcoming Yellow Tokens, a new smart contract mechanism, and making crypto projects more utility-driven.
Alexis, can you introduce yourself?
I’m Alexis, a software engineer by background. I worked at the European Space Center early in my career, but my crypto journey started quite unexpectedly.
Back in 2013, an old friend from school reached out—he was working at Goldman Sachs and told me about a project that needed help. He said, “There are 12 people in Silicon Valley printing fake money.” That project turned out to be Ripple.
Ripple ended up being our first client, and that experience really helped me grasp the potential of crypto.
Despite the skepticism surrounding the space, I saw real innovation. Ripple’s CTO was a Bitcoin Core contributor, and Vitalik Buterin was involved with the team before Ethereum.
Actually, Buterin was planning to join Ripple. He was especially excited about their consensus mechanism, which inspired me, too.
One thing that always stuck with me was Satoshi’s idea: We need systems where trust isn’t a prerequisite. That idea shaped a lot of my thinking.
Around 2018–2019, I decided to start Yellow. We later merged with a French exchange technology company called OpenWare. Combining my market experience with their tech, we launched Yellow Network.
So, it’s a trading infrastructure designed to let institutions, like Société Générale, trade directly with major players like Binance without needing to trust them.
Trading with exchanges like Binance without trusting them, do you mean trust as a counterparty?
Exactly that’s at the core of Satoshi’s vision. At Yellow, we’re working on a different model of trustlessness using state channels, which represent a new paradigm compared to traditional blockchain systems like Bitcoin or Ethereum.
In those systems, you have tens of thousands of nodes, say, around 30,000, validating each transaction. It’s a powerful model for security, each validator has a financial incentive to be honest, and there’s no way to roll back a confirmed transaction.
The same applies to staking networks. But that structure just doesn’t work for high-frequency trading. You can’t have 30,000 nodes verifying every microsecond trade. It’s simply too slow and inefficient.
For example, some networks try to solve this by reducing the number of validators to 21, but that compromises the level of trust and decentralization. Our approach is fundamentally different. The Lightning Network inspires it, but we’ve taken it in a new direction.
With the Lightning Network, you can move money instantly by opening a state channel. At Yellow Network, we use similar state channels but instead of transferring funds directly, we transfer profit and loss in real time.
For instance, if you buy a Bitcoin for $100,000 and it rises 5%, the $5,000 profit is immediately transferred to your wallet. The trade is settled instantly, peer-to-peer, with cryptographic proof.
To ensure security and fairness, we’ve built a smart contract called ClearSync. If a counterparty refuses to settle, as we saw with the HyperLiquid issue recently, ClearSync can step in and arbitrate the trade.
It verifies the claim and, if valid, ensures the rightful party receives what they’re owed. So, it’s a trustless system that still allows for the speed and flexibility traders need.
1/ $JELLYJELLY on @HyperliquidX and what happens when we rely on trust.
No, it’s peer-to-peer trading. Nothing is faster or more efficient than a direct state channel between two parties. Profit is transferred instantly. That’s the core of this new paradigm: trustless trading, where settlement happens in real time.
Let’s say we’re trading and the connection drops, no problem. If I made a profit, it’s already secured. I might not receive the asset, like Bitcoin, but my profit in dollars is locked in. There’s no need to trust the other party to settle correctly.
Is it effective profit or a claim to profit?
It’s effective profit, denominated in dollars or whatever currency is locked as collateral. Here’s how it works – two parties lock in $20,000 to trade Bitcoin. That amount represents the maximum they’re willing to risk.
If the trade results in a $5,000 profit for one side, that amount is instantly settled, even if the other party refuses to finalize the trade.
If both agree to settle, I send you $100,000, you send me one Bitcoin, and both our collaterals unlock.
Can you switch to stablecoin?
Absolutely. In fact, we’re working with stablecoin issuers to create partnerships and potential investments in Yellow.
Can you give us an idea of the size of the Yellow Group? How many people are there? How many transactions do you process ?
We haven’t officially launched. Before the war in Ukraine, we had a large team of over 100 people. Many have since relocated, mostly to Poland, but we still have staff in Ukraine. Right now, we’re about 50 people globally.
Meanwhile, you can track activity on our analytics site, BundleBear. On Polygon, we’re already the fourth most active app. On Linea, a new protocol by Consensys, we’re number one with over 229,000 users despite not being live yet.
We can see on your website that you are offering your technology so that you can list any token without going through a CEX or a DEX. Is that part of the project?
Exactly. The Yellow Wallet is like a Layer 3; it lets users interact with any chain seamlessly. It now supports cross-chain swaps, like moving tokens from Polygon to Binance Smart Chain, with zero fees. It’s designed to remove friction from cross-chain trading.
Seamless cross-chain swaps, all in your Yellow Wallet!
Swap between BNB, Base, Arbitrum, AVAX, Polygon, OP, Linea, and Scroll with ease.
No, not for the state channels themselves. We don’t monetize trades directly. The Yellow token plays a security role, a “necessary evil,” like ETH or BTC.
Your security deposit gets burned if you behave badly and refuse to settle. It ensures honesty in a peer-to-peer environment. Think of it like a miner losing their reward for trying to cheat.
How do you make money from the usage of your service?
The token economy is the foundation. Just like ETH or BTC derive value from usage and network participation, the Yellow token does too.
It’s needed to place security deposits in the network, and over time, its utility and adoption by industry players will drive its value.
If someone cheats, their token gets burned—creating deflationary pressure and reinforcing good behavior.
Is the token already traded?
Not yet, but we’re planning to launch in the next couple of months. We’ll mint 10 billion Yellow tokens; ideally, that number stays close to that.
If too many tokens get burned, it could indicate issues in the system. It’s a built-in signal to monitor the health and integrity of the network.
Are you going to start it with an airdrop or something of the sort?
No, we’re focused on utility-based distribution. Most tokens will be sold directly in the markets where they’re used. Ethereum didn’t launch with an airdrop. Neither did Bitcoin.
This is a B2B infrastructure project—just like Ethereum and Ripple. While the network is open to everyone, our core users are businesses and institutional players.
That said, the beauty of crypto is that the ecosystem is open. Anyone who believes in the project can get involved and benefit from the network effect, without needing to be a developer or an insider.
Anything important that we left out?
Yes, very few cryptocurrencies are used in the real world today. Bitcoin has proven its value as a store of wealth.
Ethereum demonstrated its utility during the ICO boom. USDT fills a vital gap in places where dollars are hard to access.
We believe Yellow can become the fourth pillar. It’s solving a real need in crypto markets: scalable, trustless, high-frequency trading. And we’re making it open source so the whole industry can benefit.
It’s obvious that Web3 applications will need infrastructure to reach the scale of platforms like Twitter or YouTube.
At Pragma today, @Yellow‘s Louis Bellet shared the secret weapon Ethereum already has to achieve this today.
I think this approach, state channels for speed and smart contracts for resolution, will redefine how trading infrastructure works. It’s ideal for gaming and other fast-paced applications where blockchains never truly fit.
Blockchain isn’t always the answer, especially if you’re using 30,000 nodes to validate a game move. That’s just not efficient.
With Yellow, the trading side is handled through cryptographic state channels not full decentralization. But if something goes wrong, we still fall back to a smart contract to arbitrate. That’s the balance we’re bringing.
Also, we’re working on a new ERC standard for this. In the next 3–4 years, I expect that 10–20% of new crypto projects will adopt this architecture.
Overall, We’re not just building a product, we’re introducing a new philosophy for how decentralized systems can operate more efficiently.
While the token has not yet been launched, expectations are already swelling that the final unlock could bring in $1 billion to $2 billion, if not more.
“We have reached our deposit cap of $500 million. We are thrilled that 1,100+ wallets participated, with a median deposit amount of ~$35,000. Trillions,” Plasma announced.
Amid the headlines and hype, however, a deeper story is emerging. Concerns extend from whale domination and insider access to a growing sense that token launches are increasingly becoming gated events for the crypto elite.
The numbers show that only a handful of wallets accounted for outsized allocations. More specifically, the top three contributors alone deployed over $100 million collectively.
Perhaps more shocking, one user reportedly paid 39 ETH (approximately $104,871 at current rates of $2,689) in gas fees, which secured them a $10 million USDC allocation.
“This guy spent 100k in gas (230,000 Gwei) to get his deposit in for Plasma,” wrote MonaMoon, the founder of the Duck Frens NFT project.
User pays 39 ETH for a $10 million USDC allocation on Plasma ICO. Source: ManaMoon on X
This illustrates the intensity of FOMO and the lengths participants were willing to go to for early access. Notwithstanding, the frenzy has come at a reputational cost. With whales taking the lion’s share, many are calling this launch anything but fair.
“…it’s an obvious skip for the community…Only 100 wallets with $50 million each… these wallets alone will create an oversubscription of 100x… unfortunately, it’s not a fair launch, even though the price is very attractive,” warned an X user before the raise closed.
Despite offering just 10% of the total XPL token supply in the public sale at a $500 million FDV (fully diluted valuation), retail users were effectively pushed to the sidelines. They will likely only get in later, at 10x to 16x the price.
Critics Slam Plasma’s Tech and Tokenomics- ICO Was a Lockout, Not a Launch
This sharp disparity has some dubbing it a “whale sale,” rather than a launch accessible to the broader community. Further, there may be more than just bad optics at play. Crypto trader Hanzo raised serious red flags, suggesting possible coordinated insider behavior.
Hanzo calls out over 100 wallets, each receiving 48 million USDC, before the token even launched, highlighting that some of these wallets approved token interactions before the token contract went public.
“That means insiders had early access to mint and trade. This wasn’t a surprise launch — it was a private party. Retail wasn’t invited,” he claimed.
The mechanics of the raise also raise questions. Hosted on Sonar/Echo, dubbed by some as “the CoinList of this cycle,” a time-weighted share of vault deposits determined plasma’s deposit period.
Participants had to lock stablecoins on Ethereum, with a minimum 40-day lockup. However, with the deposit cap abruptly raised to $500 million and filled almost instantly, many users were left wondering whether this was ever meant to be an open opportunity.
Even the technology underpinning Plasma has not escaped scrutiny. A user broke down the chain’s architecture and found it lacking.
“Plasma is another L1 chain… It uses a ‘classic’ pBFT consensus layer, with Proof-of-Stake… and Bitcoin as ‘settlement’ by simply publishing state differences… It looks a lot like many alt-L1 EVM forks… It surfs on the Bitcoin “side-chain” marketing campaign and is pushed by influencors.. but I am not convinced at all,” the user noted.
In his view, Plasma’s use of influencers and Bitcoin branding is more marketing veneer than technical substance.
What makes this worse is how well it’s working.
Influencers are hyping it. Retail is showing up.
The liquidity is flowing — right where it needs to.
Still, not everyone agrees. Zaheer from SplitCapital praised the distribution, noting a broad holder distribution with over 1,100 wallets and only one wallet holding $50 million.
“All things considered insanely good distribution of holders for Plasma at $500m total size of deposit. Seeing a ton of folks with smaller amounts on here and only one entity with $50m in a wallet. Well done,” he stated in a post.
According to Zaheer, this contrasts with the typical whale-dominated ICOs and suggests a more inclusive allocation strategy.
Plasma’s ICO serves as a mirror to today’s market mechanics, where speed, size, and for some, connections, often matter more than innovation or accessibility.
Whether Plasma becomes a foundational chain or another cautionary tale will depend on the unlock numbers and how its ecosystem fairs beyond the ICO hype.