Category: News

Zora Network — a dedicated layer-2 solution for NFTs — has officially announced the ZORA token airdrop, scheduled for April 23, 2025.

Launched in 2020, Zora has raised $60 million from investors such as Coinbase Ventures and Haun Ventures. The airdrop comes amid a cooling NFT market and ongoing debates around “content coins.”

Zora to Launch ZORA Token on April 23: Key Details

According to Zora’s official announcement, the airdrop will take place on April 23. It will be a retroactive airdrop aimed at users who have actively engaged with the platform.

The snapshot data splits into two phases:

• The first phase spans from January 1, 2020, to March 3, 2025.
• The second covers March 3, 2025, to April 20, 2025.

Zora plans to allocate 10% of its total 10 billion token supply—that is, 1 billion ZORA—for this airdrop. The Zora team will hold 18.9% of the supply, and strategic advisors and development supporters will control over 26%.

Moreover, Binance revealed it would list ZORA on Binance Alpha on April 23. Binance also announced an airdrop of 4,276 ZORA tokens to eligible users.

“Exclusively for users who have totally purchased at least $50 on Alpha using Spot or Funding accounts on Binance Exchange between 00:00:00 March 22, 2025 (UTC) to 23:59:59 April 20, 2025 (UTC),” Binance stated.

Currently, ZORA is trading at around $0.03 on pre-market platforms, which allow token trading before the official launch. This price suggests the airdrop is worth about $30 million. Zora Network’s fully diluted market cap sits at around $300 million.

Zora is more than an NFT marketplace. It also functions as a protocol that enables third parties to build and sell NFTs. One notable example is its recent integration with Base, Coinbase’s layer-2 project.

According to a recent report from BeInCrypto, Base used Zora to tokenize a post on X titled “Base is for everyone.” They turned it into an ERC-20 token. That post generated over $30 million in trading volume within 12 hours and earned $70,000 in profit.

However, the event sparked controversy. Some users accused Base of a “pump and dump” scheme after the token’s price plummeted 99% within four hours. At its peak, trading volume on Uniswap hit $13 million before collapsing.

Base denied that the token was a meme coin or a pump-and-dump plan. Still, the incident raised concerns about transparency in projects tied to Zora.

As of writing, data from Dune shows that Zora Network has processed over 87 million transactions. It currently attracts about 37,000 active addresses per day.

However, user activity has dropped sharply. The number of active users has declined by over 80% in the past year.

Moreover, a recent report from Binance indicates that the NFT market experienced a significant decline last month. Total sales volume across the top 10 blockchains decreased by 12.4%, which suggests weaker buyer interest.

The post Zora Announces Token Launch Date, Airdrops 10% of Total Supply appeared first on BeInCrypto.

The meme coin market has witnessed its resurgence on Solana after moving away from Ethereum. By the looks of it, the meme coin mania is now moving to Base, given the array of recent launches and the forthcoming tokens. This will also bring forth the wave of “content coins” emerging at the moment.

BeInCrypto has analyzed certain meme coins that are ahead of the curve and are crucial for investors to watch going forward.

ZORA Token: Pioneering the Content-Coin Ecosystem

Zora’s long-anticipated $ZORA token will launch on Coinbase’s Base network this Wednesday, April 23, 2025. The launch is backed by Coinbase Ventures and Paradigm. Ten percent of the 10 billion-token supply will be allocated to an airdrop, 20 percent to community incentives, 5 percent to liquidity provision, and the rest to the treasury, team, and strategic contributors under multi-year vesting schedules.

Base has become a prominent hub for “content coins,” where each social post on Zora automatically generates a unique ERC-20 memecoin. This feature has led to significant engagement, with early April experiments generating record fee revenue as two content coins surged dramatically, with one spiking 350% in just 24 hours.

Zora’s integration with Base and Farcaster is quickly developing a network of connected applications, empowering creators to seamlessly monetize their posts and memes, thus transforming social media interactions into profitable digital assets.

Today’s Standout: Based Froc ($FROC)

• Launch Date – March 2025
• Total Circulating Supply – 100 Billion FROC
• Maximum Supply – 100 Billion FROC
• Fully Diluted Valuation (FDV) – $1.22 Million

Based Froc (FROC) led the pack in today’s gainers list, jumping nearly 71% during the intra-day high to claim the top spot in CoinGecko’s “frog-themed” category. FROC first gained attention in mid-February when a Coinbase engineer introduced it using Clanker, an AI-powered token-creation bot from Farcaster.

At the time of writing, the meme coin is trading at $0.00001251. It is attempting to flip and secure $0.00001209 as a support level. This could guide the meme coin up towards the $0.00001676 resistance and potentially breach it.

However, if FROC loses its momentum, the meme coin could fall back down towards the $0.00000775 support level. This would wipe out the recent gains and extend losses, invalidating the bullish outlook.

Small Cap Corner: Byte on Base ($BYTE)

• Launch Date – March 2025
• Maximum Supply – 1 Billion BYTE
• Fully Diluted Valuation (FDV) – $747,590

Byte on Base has seen remarkable growth, rising 128% in a single day. Cliza Systems, an AI token deployer, recently moved the rest of its $BYTE tokens into a Grok AI wallet. This action increased Grok’s stake to almost 27% of the total supply, effectively locking those tokens and enhancing Byte’s deflation.

This is expected to reflect in the price action as well in the coming days. BYTE, trading at $0.0006539 is holding above the support of $0.0005737. Securing it as support could push the meme coin upwards towards the resistance of $0.0010523, extending investors’ profits.

On the other hand, if the momentum reverses, BYTE could fall through the support of $0.0005737. This could result in the altcoin falling to $0.0001533, wiping out the recent gains and invalidating the bullish thesis.

The post Is Base Season Upon Us? | Meme Coins To Watch Today appeared first on BeInCrypto.

Welcome to the US Morning Crypto News Briefing—your essential rundown of the most important developments in crypto for the day ahead.

Grab a coffee to see what experts say about Bitcoin’s (BTC) price amid recovery efforts. The status of Bitcoin as a hedge against inflation and economic uncertainty is progressively becoming questionable, with institutional influence adding to the concerns.

Can Strategy’s $555 Million BTC Purchase Send Bitcoin Past $90,000?

Michael Saylor, the chairman of Strategy (formerly MicroStrategy), revealed the firm’s latest Bitcoin purchase, comprising 6,556 BTC tokens worth approximately $555.8 million. With this, the firm has attained a Bitcoin yield of 12.1% year-to-date (YTD) in 2025.

“MSTR has acquired 6,556 BTC for ~$555.8 million at ~$84,785 per bitcoin and has achieved BTC Yield of 12.1% YTD 2025. As of 4/20/2025, Strategy holds 538,200 BTC acquired for ~$36.47 billion at ~$67,766 per bitcoin,” Saylor shared.

Strategy uses the Bitcoin Yield YTD to measure the BTC holdings per share increase. This model has been a key part of their financial strategy firm since their first Bitcoin purchase in August 2020.

This acquisition aligns with a bullish market sentiment for Bitcoin, which is steadily nearing the $90,000 milestone, as the recent US Crypto News indicated.

Despite a mild recovery in Bitcoin prices this week, up by over 3% in the last 24 hours, it is worth noting that Bitcoin is highly sensitive to economic indicators.

Similarly, the global market is highly sensitive to monetary policies set by major economies, particularly the US. BeInCrypto contacted Paybis founder and CEO Innokenty Isers for insights on the current market outlook, particularly for Bitcoin.

“Given the strong concentration of investors in technology stocks, shifts in trade policies and government interventions that influence key indices like the Nasdaq Composite create ripple effects across financial markets,” Isers told BeInCrypto.

According to the Pybis executive, since the US Presidential inauguration, the outlook of Bitcoin has changed from a trusted hedge against inflation to a more risk-on asset.

“With its relatively higher volatility, risk-averse investors may favor alternative inflation hedges instead of Bitcoin,” he added.

Iners expressed cognizance of the longer stretch of the trade war and the potential inflation that will emerge. Based on this, he noted that capital allocation to Bitcoin as a hedge against economic instability might be reduced.

Strategy’s Stock Premium Narrows as Bitcoin Hype Cools

Meanwhile, Strategy has seen a significant shift in its stock valuation dynamics over the past year. Saylor recently revealed that as of Q1 2025, over 13,000 institutions and 814,000 retail accounts held MSTR directly.

“An estimated 55 million beneficiaries have indirect exposure through ETFs, mutual funds, pensions, and insurance portfolios,” Saylor added.

According to data on Bitcointreasuries.net, the premium investors once paid for exposure to its Bitcoin holdings has notably narrowed.

Specifically, the NAV multiplier, a measure of how much the stock trades above the value of Strategy’s Bitcoin assets, has decreased compared to last year. This indicates that MSTR is now trading closer to the actual value of its Bitcoin reserves.

In 2024, investors were willing to pay a substantial premium for MSTR shares, driven by Bitcoin’s hype and MicroStrategy’s aggressive accumulation strategy.

“I don’t know if buying strategy equity is a good idea for the government. The stock would just pump, and it’s likely trading at a premium over NAV with a higher risk profile. Also, I believe the gov will find it difficult to find institutions that would be willing to sell their BTC in large quantities,” an analyst said recently.

The shrinking NAV multiplier suggests a more cautious market sentiment. Analysts believe this reflects a shift toward valuing MicroStrategy based on its fundamentals rather than speculative Bitcoin enthusiasm.

This suggests a maturing market approach to the company’s unique investment strategy.

Chart of the Day

This chart shows how Strategy’s stock price (blue) moves with Bitcoin price (orange). When Bitcoin goes up, MicroStrategy usually follows, but it swings even more.

However, the NAV multiplier has narrowed compared to last year, meaning MicroStrategy’s stock is now trading closer to the actual value of its Bitcoin holdings.

Last year, investors paid a bigger premium for exposure to MSTR, but that gap has shrunk. This suggests a more cautious sentiment or a shift toward valuing the company based on fundamentals rather than just Bitcoin hype.

Byte-Sized Alpha

• Bitcoin ETFs saw modest $15 million inflows, a shift from the previous $713 million outflows, but the smallest influx of 2025, signaling cautious investor sentiment.
• XRP’s futures market shows a bullish shift with long positions exceeding short bets, signaling potential price increases.
• Accumulation signals from whale activity and consolidation at $0.60 indicate a possible rally for Pi Network, despite concerns about the lack of exchange listings and use cases.
• Solana surpasses Ethereum in staking market cap with $53.15 billion, driven by higher staking yield and 65% of supply staked.
• Bitcoin whales accumulated 53,652 BTC worth $4.7 billion in a month, pushing the price to $87,463, but long-term holder profits hit a two-year low.
• PlanB criticizes Ethereum as centralized and pre-mined, citing PoS, tokenomics, and a flexible supply as key red flags.
• Decentraland’s (MANA) price has surged over 10% in 24 hours, hitting a two-month high of $0.31.

Crypto Equities Pre-Market Overview

Company	At the Close of April 17	Pre-Market Overview
Strategy (MSTR)	$317.20	$323.49 (+1.98%)
Coinbase Global (COIN)	$175.03	$175.85 (+0.46%)
Galaxy Digital Holdings (GLXY.TO)	$15.36	$15.12 (-1.41%)
MARA Holdings (MARA)	$12.66	$12.83 (+1.34%)
Riot Platforms (RIOT)	$6.49	$6.52 (+0.54%)
Core Scientific (CORZ)	$6.61	$6.59 (-0.27%)

The post Strategy’s Bitcoin Yield Climbs Over 12% YTD On $555 Million Acquisition Spree | US Crypto News appeared first on BeInCrypto.

Bitcoin’s price recently hit a monthly high, surpassing $87,000 and marking a notable rise for the crypto king. This rally is attributed to favorable macroeconomic conditions and the increased conviction of key investors. 

Despite this growth, long-term holders’ profits have dropped to a two-year low, signaling a more cautious outlook among certain market participants.

Bitcoin Whales Remain Bullish

Whale and shark addresses, which hold between 10 and 10,000 BTC, have been actively accumulating Bitcoin at lower price levels. Over the past month, these addresses have purchased approximately 53,652 BTC, worth nearly $4.7 billion. This buying spree indicates that large investors are taking advantage of Bitcoin’s recent dip, believing in the asset’s long-term potential. 

The accumulation by these large investors highlights confidence in Bitcoin’s growth. While some market participants might have been uncertain during Bitcoin’s recent price fluctuations, these major holders appear to be positioning themselves for future gains.

The MVRV Long/Short Difference indicator, which tracks the difference between short-term holders (STHs) and long-term holders (LTHs) in terms of realized profits, is currently at a two-year low. This indicates that STHs are dominating the market, which reflects the whale accumulation. However, the dominance of short-term holders in profits often signals that the market is ripe for selling, which could result in downward pressure on Bitcoin’s price.

With the MVRV indicator flipping below the zero line, there’s a risk that Bitcoin’s price could be negatively impacted if STHs decide to cash out. While whales continue to accumulate, the growing influence of STHs could lead to increased volatility, especially if the market sentiment shifts.

BTC Price Aims At $90,000

Bitcoin is currently trading at $87,463, holding above the crucial support level of $86,822. The last time Bitcoin failed to secure this support, the price fell significantly. However, if Bitcoin can maintain support at $86,822, it could move toward the next resistance level at $89,800.

Breaking through the $90,000 mark is a key milestone for Bitcoin. If Bitcoin can reclaim $90,000 as support, it will likely continue its upward trend. This psychological level is crucial for bolstering investor confidence, which would drive further price increases.

On the downside, if Bitcoin faces bearish momentum, it could struggle to hold support at $86,822. A drop through this level would likely lead to a further decline, with the next support level at $85,204. If this fails, Bitcoin could slide to $82,503, erasing a significant portion of the recent gains.

The post Bitcoin Whales Buy $4.7 Billion BTC in A Month; Price Rises To $87,400 appeared first on BeInCrypto.

Metaverse-based token Decentraland (MANA) is today’s top-performing asset. The altcoin’s value has soared over 10% in the past 24 hours, pushing it to a two-month high of $0.31 at press time. 

With technical indicators pointing at renewed investor interest and a strong bullish trend, MANA price may be poised to extend its rally in the short term.

MANA Price Rally Supported By Demand

An assessment of the MANA/USD one-day chart reveals a steady uptick in the token’s on-balance volume (OBV), reflecting the rise in its demand. This momentum indicator is at 9.47 billion at press time, its highest level since December 2024. 

The OBV indicator measures an asset’s buying and selling pressure. It adds volume on up days and subtracts it on down days. This dynamic helps traders determine whether volume supports the price trend at any given moment. 

As observed with MANA, an asset’s OBV rising alongside its price signals strong buying interest. This effectively confirms the sustainability of a bullish move. The trend signals that traders’ demand backs the token’s double-digit price rally over the past day.

Moreover, MANA trades above its 20-day exponential moving average (EMA), supporting this bullish outlook. At press time, this key moving average forms a dynamic support level below MANA’s price at $0.26.

The 20-day EMA measures an asset’s average price over the past 20 trading days, giving more weight to recent prices. When it falls below the price, it suggests that the market is in a short-term uptrend, with recent prices higher than the average of the past 20 days.

This indicates strong bullish momentum, as MANA’s price currently outperforms the recent average.

MANA Bulls Maintain Control 

On the daily chart, MANA was trading above an ascending trend line, accentuating its price surge. This bullish pattern acts as support and emerges when an asset’s price forms higher lows.

It indicates a consistent upward movement over time amid growing buyer momentum. 

This technical formation suggests MANA buyers are in control, signifying bullish market sentiment. If this outlook sustains, MANA price growth will likely continue, with the trendline providing downward support.

Such an action could see the token’s price break above $0.34, potentially climbing toward $0.44. Such a move would constitute a 41% move above current levels.

Converesly, if profit-taking commences, MANA could shed its recent gains and plunge to $0.19, down nearly 40% below current levels.

The post Decentraland (MANA) Hits Two-Month High Amid Bullish Momentum appeared first on BeInCrypto.

Hedera (HBAR) has recently seen a shift in momentum after enduring a tough seven-week downtrend. The price of the altcoin dropped from $0.265 to as low as $0.130, signaling a significant decline. 

However, there is optimism now, as HBAR seems poised to recover its losses. While this may signal a positive turn for investors, some traders could face significant liquidations.

Hedera Investors Are Gunning For Gains

The Chaikin Money Flow (CMF) indicator is showing signs of improvement, recently entering the positive zone above the zero line. This indicates that inflows are significantly outpacing outflows, suggesting a bullish outlook for HBAR. 

Investors seem to have regained confidence in the token, entering at lower price levels in anticipation of price gains. The CMF is at its highest since the beginning of 2025, further reinforcing this positive sentiment and signaling that the altcoin’s prospects are improving.

The liquidation map indicates a significant event for short traders. As HBAR price approaches $0.178, shorts are at risk of facing $20 million in liquidations. This resistance level is crucial, and if HBAR breaches it, it could shift traders’ sentiment from bearish to bullish. 

The looming liquidations would likely fuel more buying pressure, pushing the price upward. The recent market conditions hint at a potential breakout, which could drive HBAR into new territory, benefiting those who’ve entered the market at a low point.

HBAR Price Rise Gives New Hope

HBAR is currently trading at $0.171, marking a 3.3% gain today. While this increase may seem modest, the price action is more significant in the context of breaking a seven-week downtrend. This shift is creating optimism among investors, and it suggests that the altcoin is poised for further recovery.

The immediate next resistance lies at $0.177. Given the rising optimism and improving market conditions, there is a strong possibility that HBAR will break through this level. A successful breach could see HBAR pushing towards $0.197 and even reaching $0.200, which would confirm a bullish trend reversal.

However, if HBAR fails to break through $0.177, the altcoin could experience a pullback. This would result in the price falling to $0.154, with further decline potentially bringing HBAR down to $0.143. Any drop below $0.154 would invalidate the bullish outlook and may continue the downtrend.

The post $20 Million HBAR Liquidations Ahead as Price Breaks 7-Week Downtrend appeared first on BeInCrypto.

The US Dollar Index (DXY) has dropped to a three-year low amid reports that President Donald Trump is considering removing Federal Reserve Chairman Jerome Powell. 

Meanwhile, the development positively affected Bitcoin’s (BTC) price, pushing it to its highest level since President Trump’s Liberation Day.

Trump’s Push Against Powell Adds Pressure on the Dollar

According to the latest data, DXY has plunged below 99. At press time, it stood at 98.2, representing the lowest value since March 2022. 

Economist Peter Schiff highlighted the severity of the situation in the latest post on X (formerly Twitter).

“Gold is up over $50, hitting a record high of $3,380. The euro is above $1.15. The dollar has also fallen below 141 Japanese yen and .81 Swiss francs (a new 14-year low, just 3% above a record low). The dollar Index is below 98.5, a new three-year low. This is getting serious,” Schiff posted.

The dollar’s steep fall comes amid the latest comments made by National Economic Council Director Kevin Hassett on Friday, April 18. Hassett revealed that Trump and his team are actively exploring the possibility of ousting Powell.

His statement was in response to a reporter’s question about whether removing Powell was an option.

“The president and his team will continue to study that matter,” Hassett replied.

In addition, he called out the Federal Reserve for politically motivated actions under Powell’s leadership. Specifically, Hassett criticized the Fed for raising interest rates shortly after Trump’s election and cutting them ahead of the election, moves he claims favored the Democratic Party. 

Notably, the growing contempt towards Powell is a response to the Fed’s stance on interest rates. BeInCrypto reported earlier that the Fed will likely not cut rates in May amid rising inflation and President Trump’s tariff pause.

Recently, Trump also blamed the Fed Chair for being slow to act on interest rate cuts. In a post on social media, Trump compared Powell’s actions unfavorably to the European Central Bank (ECB), which is set to implement its seventh interest rate cut. 

Trump argued that Powell, whom he described as “always too late and wrong,” should have taken similar measures long ago to address economic conditions.

“Powell’s termination cannot come fast enough!” the President wrote.

The Fed Chair’s potential removal raises serious questions about the Federal Reserve’s independence and its implications for global markets. Powell, whose term as chair extends to May 2026, has previously stated that legal protections prevent his removal and that he intends to serve out his term.

Will Dollar Weakness Drive Bitcoin to New Heights?

Nonetheless, it’s worth noting that if Powell is removed and President Trump successfully persuades the Federal Reserve to cut interest rates, it could likely lead to a crypto market rally. Generally, when the Fed lowers interest rates, the US dollar tends to weaken.

Therefore, investors prefer cryptocurrencies, especially Bitcoin, which is often seen as a hedge against inflation and the weakening of fiat currencies. The inverse relation between the DXY and BTC further solidifies the case for a rally if the dollar depreciates.

In fact, the latest decline in the dollar index has coincided with a notable increase in Bitcoin’s price. The largest cryptocurrency surged to over $87,000 for the first time since April 2.

“USD weakness is driving the rally in crypto,” Sean McNulty, Derivatives Trading Lead at FalconX, told Bloomberg.

At the time of writing, BTC was trading at $87,586. BeInCrypto data showed that this represented an appreciation of 3.5% over the past day. As markets celebrate these gains, the focus remains on Trump’s next moves and their broader economic consequences.

The post President Trump’s Push to Oust Powell Sends DXY Plummeting, Bitcoin Hits Liberation Day Highs appeared first on BeInCrypto.

According to data from StakingRewards, Solana (SOL) has overtaken Ethereum (ETH) in staking market capitalization, reaching $53.15 billion compared to Ethereum’s $53.72 billion. 

This milestone has sparked heated discussions across the social media platform X, raising the question: Is this a turning point for Solana, or merely a short-lived surge?

Solana Outpaces Ethereum As High Staking Yields Prove Appealing

Recent data reveals that 64.86% of Solana‘s total supply is currently staked, delivering an impressive annual percentage yield (APY) of 8.31%. In contrast, Ethereum has only 28.18% of its supply staked, with an APY of 2.98%.

This disparity highlights Solana’s growing appeal for investors seeking passive income through staking. Staking market capitalization is calculated by multiplying the total number of staked tokens by their current price. With SOL priced at $138.91 as of this writing, Solana has officially surpassed Ethereum in this metric.

However, Solana’s high staking ratio has sparked some controversy. Critics, such as Dankrad Feist on X, argue that Solana’s lack of a slashing mechanism (or penalties for validator violations) undermines the economic security of its staking model. With its slashing mechanism, Ethereum offers greater security, despite its lower staking ratio.

“It’s very ironic to call it ‘staking’ when there is no slashing. What’s at stake? Solana has close to zero economic security at the moment,” Dankrad Feist shared.

Increased Whale Activity Signals Caution

Meanwhile, recent moves by “whales” (large investors) have further fueled interest in Solana. On April 20, 2025, a whale unstaked 37,803 SOL (worth $5.26 million). Similarly, Galaxy Digital withdrew 606,000 SOL from exchanges over four days (April 15–19, 2025), concluding with 462,000 SOL.

Additionally, on April 17, 2025, a newly created wallet withdrew approximately $5.15 million worth of SOL from the Binance exchange. In the same tone, Binance whales withdrew over 370,000 SOL tokens valued at $52.78 million.

While some whales withdrew their SOL holdings, other large holders accumulated. Janover, a US-listed company, increased its Solana holdings to 163,651.7 SOL (worth $21.2 million) and partnered with Kraken exchange for staking on April 16, 2025.

These actions signal diverging plays from institutional investors and whales, as the Solana price fluctuates around key levels.

SOL Price Analysis: Opportunities and Challenges

As of this writing, SOL was trading at $140.49, up 3.53% in the past 24 hours. Analysts highlight $129 as crucial support for the Solana price, with $144 presenting the key roadblock to overcome before Solana’s upside potential can be realized. Breaking above the aforementioned roadblock could propel SOL toward new highs.

Conversely, dropping below the $129 support level could trigger increased selling pressure. Nevertheless, SOL has shown a remarkable recovery, with a 14.34% increase over the past week.

Another factor to consider is the ongoing development of the Solana ecosystem. Key innovations include the QUIC data transfer protocol, the combination of Proof-of-History (PoH) and Proof-of-Stake (PoS), and the diversification of validator clients.

With these, Solana continues to enhance its performance and decentralization. Additionally, the launch of the Solang compiler, compatible with Ethereum’s Solidity, has attracted developers from the Ethereum ecosystem.

BeInCrypto also reported on Solana’s upcoming community conference, otherwise termed Solana Breakpoint. Key announcements from this event could provide further tailwinds for the SOL price.

Nevertheless, despite surpassing Ethereum in staking market capitalization, Solana faces significant challenges. Ethereum benefits from a more mature DeFi ecosystem, greater institutional trust, and enhanced security through its slashing mechanism.

To some, Ethereum’s lower staking ratio (28%) may be a deliberate strategy to reduce network pressure and ensure liquidity for DeFi applications.

In contrast, Solana’s high staking ratio (65%) could limit liquidity within its DeFi ecosystem. This raises the question of whether Solana can strike a balance between staking and the growth of its decentralized applications.

As Solana continues challenging Ethereum’s dominance, the crypto community remains divided. Is Solana’s rise a sustainable breakthrough, or just another wave of hype?

The post Solana Surpasses Ethereum in Staking Market Cap: Breakthrough or Just Hype? appeared first on BeInCrypto.

XRP is down 5% over the past week, struggling to regain momentum as technical indicators flash mixed signals. Its Relative Strength Index (RSI) has dropped below 50, and the price remains stuck within a tight range between key support and resistance levels.

At the same time, the Ichimoku Cloud has shifted from green to red, with a thickening cloud ahead suggesting growing bearish pressure. With volatility compressing and momentum fading, XRP is nearing a critical point where a breakout—or breakdown—seems increasingly likely.

XRP Struggles to Regain Momentum as RSI Drops Below 50

XRP’s Relative Strength Index (RSI) is currently sitting at 44.54, after recovering from an intraday low of 40.67. Just yesterday, it was at 51.30, highlighting increased short-term volatility.

RSI is a momentum indicator that measures the speed and magnitude of recent price changes to evaluate overbought or oversold conditions.

Readings above 70 typically suggest an asset is overbought, while readings below 30 indicate it may be oversold.

With XRP’s RSI at 44.54, it’s currently in neutral territory, showing neither strong buying nor selling pressure.

However, the fact that it hasn’t crossed the overbought threshold of 70 since March 19—over a month ago—signals a lack of sustained bullish momentum. This could mean XRP is still in a consolidation phase, with the market waiting for a clearer direction.

If RSI continues to climb toward 50 and beyond, it may hint at building momentum, but without a breakout above 70, upside could remain limited.

XRP Faces Uncertainty as Bearish Trend Begins to Expand

XRP is currently trading inside the Ichimoku Cloud, signaling market indecision and a neutral trend.

The Tenkan-sen (blue line) has crossed below the Kijun-sen (red line), which is a bearish signal, but with the price still within the cloud, it lacks full confirmation.

The cloud itself acts as a zone of support and resistance, and XRP is now moving sideways within that zone.

Looking ahead, the cloud has shifted from green to red—a sign that bearish momentum may be building. Even more concerning is that the red cloud is widening, which suggests increasing downward pressure in the near future.

A thickening red Kumo often signals stronger resistance overhead and a potential continuation of a bearish trend if the price breaks below the cloud.

Until XRP breaks out decisively in either direction, the market remains in a wait-and-see phase, but the growing red cloud tilts the bias toward caution.

XRP Compression Zone: A Breakout Could Send Price to $2.50 — Or Much Lower

XRP price is currently trading within a tight range, caught between a key support level at $2.05 and resistance at $2.09. This narrow channel reflects short-term uncertainty, but a decisive move in either direction could set the tone for what’s next.

If the $2.05 support fails, the next level to watch is $1.96. A break below that could trigger a steep drop toward $1.61, which would mark the first close below $1.70 since November 2024—a bearish signal that could accelerate selling pressure.

Recently, veteran analyst Peter Brandt warned that a major correction could hit XRP soon.

On the flip side, if bulls regain control and push XRP above the $2.09 resistance, the next target lies at $2.17. A breakout beyond that could open the door to a move toward $2.50, a price level not seen since March 19.

For that to happen, XRP would need a clear resurgence in momentum and buying volume.

Until then, the price remains trapped in a narrow zone, with both upside and downside potential on the table.

The post Will XRP Fall Below $2 Again? appeared first on BeInCrypto.

The arrival of an altcoin season is often tied to Bitcoin’s performance. As money flows out of BTC and into altcoins, this triggers a rise in altcoin prices.

However, this cycle is delayed by factors beyond Bitcoin. One such factor is the recent surge in token generation events (TGEs).

Rise in TGEs – A Boon or a Bane?

In the past four and a half months, 45 new tokens have launched, with most failing to provide decent returns. Many tokens launched in 2025 failed to sustain growth post-listing, raising the question of whether this trend is driven by bearish macroeconomic conditions or the lack of fundamental value in these tokens. This is turning altcoins into speculative assets driven by momentum.

Talking to BeInCrypto, Vincent Liu, CIO of Kronos Research, shed light on this question.

“Relentless token launches, especially meme coins, diluted liquidity and fragmented investor attention. Simultaneously, macro headwinds like rising interest rates and a global shift to risk-off sentiment throttled speculative capital. Tokens lacking utility, clear roadmaps, or sustainable ecosystems were quickly repriced in line with growing investor skepticism,” Liu explained.

One of the few successful launches with strong ROI has been Solayer (LAYER). Since its February launch, LAYER has posted an 88% rise and is currently trading just under $2.00.

Altcoin Season Delayed, But Narratives Continue to Grow

The altcoin season index currently stands at 16, indicating Bitcoin’s dominance. Rapid token launches and post-listing failures are contributing to the delay. 

However, Liu noted that niche categories like AI-linked tokens continue to show strong demand despite the broader market conditions.

“While a full-fledged altcoin season hasn’t materialized, niche categories like AI-integrated meme coins and emerging tech narratives have shown signs of strength. Many token launches still suffer from inflated valuations and weak fundamentals, diluting capital and stalling broader momentum. Yet AI-linked narratives continue to attract attention not just from crypto natives, but also from traditional finance. Altcoin season isn’t gone, it’s simply evolving,” Liu said.

Despite the delay, the potential for an altcoin season remains. However, 75% of the top 50 altcoins would need to outperform Bitcoin to signal a true shift, which is not the case at the moment.

Are Market Makers Feeding TGE Hype?

Arthur Cheong, founder and CEO of DeFiance Capital, recently raised concerns over TGEs. He highlighted the risk of projects and market makers working together to inflate token prices artificially. This can distort market behavior and undermine investor confidence.

“You don’t know whether the price is a result of organic demand and supply or simply due to projects and market makers colluding to fix the price for other objectives. Absolutely bizarre that CEXs are turning a blind eye to this and altcoin markets are becoming more and more like a lemon market where confidence gets lesser,” Cheong tweeted.

Responding to this, Vincent Liu suggested that there needs to be reforms in the way that token launches are approached.  

“…the issue of artificially inflated token prices before launch presents a growing concern. While these short-term surges might attract initial attention, they often undermine long-term investor confidence. To mitigate this, the industry must champion greater transparency around partner agreements, listing criteria, and pre-launch disclosures. Clear communication about a project’s structure, roadmap, and market cap expectations is essential to building a sustainable and trustworthy ecosystem,” Liu said.

Liu believes addressing this problem requires collaboration from market makers, centralized exchanges (CEXs), and investors.

“By conducting thorough research into the fundamentals of new projects, investors can protect themselves from significant losses and identify valuable tokens in the long run,” Liu concluded.

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