The Ethereum Layer 2 scaling solution, Base Network, has attained a significant milestone, earning Vitalik Buterin’s accolade. As revealed by L2Beat on X, the Coinbase-backed protocol is now a Stage 1 Ethereum Virtual Machine (EVM) roll-up. This is a graduation from Stage 0, and it implies, among other things, its level of decentralization.
Base Network Graduates to Stage 1: Here’s Implication
As L2Beat hinted on X, the Layer 2 network has successfully onboarded its Security Council. The aggregation platform said this council meets its threshold requirements and leaves enough power to the proof system. This is considered one of the most critical factors in achieving the Stage 0 to Stage 1 transitions.
Other important factors in the checklist include deploying a functional proof system and appointing at least five fraud-proof agents beyond the core team. According to the tagged stage 1 protocol, users need to be able to leave the system without the help of permissioned operators.
With the firm checking the box on these and other requirements, Base Network now joins Arbitrum One, OP Mainnet, and Unichain as a stage 1 Ethereum L2.
Base Still Dominating Ethereum L2 Scene
Despite its relatively young age compared to Arbitrum and Optimism, the Coinbase-owned L2 remains the biggest in the industry. While its Total Value Secured is now pegged at $11.77 billion, Arbitrum One boasts $11.1 billion.
Base Network has also maintained its rank as the fastest protocol in the Ethereum L2 world. Data from L2Beat pegs its Time-to-Finality at 55 seconds, edging out Arbitrum with 1 minute and 5 minutes for OP Mainnet. The competition among L2 platforms has intensified in the past year, with Arbitrum rolling out a chain for RWA Tokenization.
Many have advocated that the competition between these protocols may be fully defined by the stage of development the respective chains are in their journeys. Among these proponents is Vitalik Buterin, who once issued an ultimatum to only relate to Stage 1 protocols.
Need to Make Ethereum Better
It is worth noting that the Ethereum Foundation, under the leadership of Vitalik Buterin and Ava Miyaguchi, has a vision for the protocol. With leadership changes and the incoming Pectra upgrade, all hands are on deck to make Ethereum a better protocol.
Like many other upgrades, including the Dencun upgrade, mostly enhanced the performance of Layer 2 protocols in the ecosystem. With Base and Arbitrum leading the charge, other known chains like Shibarium remain in the spotlight.
Amid the push for enhancement on Ethereum, Uniswap Founder Hayden Adams urged to pursue L2 scaling to compete with Solana.
The crypto market is beginning to recover from the general market dip that saw the market free fall. With a recovery in progress, now is the best time to buy altcoins before the market fully recovers. Several tokens are already looking bullish, and you can’t afford to miss some of them this year if you want to gain explosive returns in 2025. These tokens are XRP, PI, RXS, PEPE, and BERA. With bullish sentiment driving the market, these five tokens present compelling cases for explosive returns in 2025.
Ripple (XRP)
Ripple’s XRP has steadily increased after a major legal win against the SEC. With the agency dropping its appeal, XRP surged to $2.60 before settling around $2.45. Analysts are eyeing a breakout past $2.80, with predictions soaring as high as $77.7 in this bull cycle. An XRP ETF approval could fuel a rally, with JPMorgan estimating $8 billion in investments within the first year. Ripple’s ecosystem is also expanding, fueling its growth. If momentum continues, XRP could soon retest its all-time high and hit higher highs.
Pi Network (PI)
Pi Network is at a critical point, as its price has dipped below $1. Despite this slump, analysts see bullish signals. One sign is the Three Drive chart pattern, which hints at a potential breakout. Market sentiment remains uncertain, fueled by speculation over a Binance listing and upcoming token unlocks. Burning 60-100 million PI coins could stabilize the price. With the crypto market surging, Pi Network could make a strong comeback if key resistance levels break.
Rexas Finance (RXS)
Rexas Finance is gaining attention as its vision for real-world asset (RWA) tokenization could unlock new opportunities for investors to join the market. Accessibility has been a problem in the RWA market due to the high cost of these assets and geographical restrictions.
Hence, Rexas Finance aims to change the narrative through tokenization. The tokenization process turns RWAs like real estate and intellectual property into digital tokens. Its innovative ecosystem strongly supports this vision, offering practical tokenization and RWA investment solutions for regular investors and institutions.
One of its standout features is the Rexas Token Builder, which allows individuals and companies to create tokens without technical expertise. This tool is fueling the expansion of asset tokenization, making it easier than ever to bring real-world value onto the blockchain. Rexas Finance’s upcoming token launch on June 19 is expected to be a significant turning point.
Demand is surging, with its presale already at 91% sold out and over $47.5 million raised. The token has already appreciated by 566% since the start of the presale, showing strong bullish momentum. Analysts predict that RXS could see exponential growth post-launch. Liquidity will increase as it gets listed on major exchanges, further driving price momentum. The RWA sector is gaining popularity, with projections suggesting it will hit $16 trillion by 2030.
Hence, Rexas Finance is well-positioned to be a market leader as it gains widespread adoption. Experts project a rally to $15 in a short time frame. Rexas Finance’s innovative approach, strong presale performance, and upcoming launch make it a top pick.
Pepe Coin (PEPE)
PEPE shows signs of a breakout after a consolidation phase. Bullish momentum is building, backed by substantial volume and positive technical indicators. The RSI remains above 50, signaling continued buyer interest. Meanwhile, the MACD crossover hints at an uptrend. A significant rally could follow if PEPE breaks past key resistance at $0.00000766. However, support at $0.00000589 will be crucial if selling pressure increases. Investors are closely watching for the next big move as the meme coin gains traction.
Berachain (BERA)
BERA is making waves with a remarkable surge. This year, it has jumped over 40% from its lowest point to $7.45. Its market cap now exceeds $795 million, fueled by a booming DeFi ecosystem. Berachain also has $3.2 billion in Total Value Locked. Infrared Finance alone holds $2.13 billion, reflecting massive growth. Introducing Proof of Liquidity and new reward vaults has driven further excitement. With stablecoin liquidity crossing $1 billion and strong technical indicators, Berachain is positioned for even more gains in 2025.
Conclusion
These five tokens are gaining investor attention as the crypto market readies to recover fully. Ripple (XRP) is poised for a strong rally, especially if an ETF is approved. Pi Network (PI) faces uncertainty but could see a revival if key bullish patterns play out. Similarly, Pepe Coin (PEPE) and Berachain (BERA) also hold strong upside potential, with technical indicators signaling further gains. Meanwhile, Rexas Finance (RXS) could be the best bet as its early growth potential gives it an upper hand. It could witness exponential growth post-launch, supported by a strong presale performance and high utility.
For more information about Rexas Finance (RXS) visit the links below:
The post Ripple (XRP), Pi Network (PI), and 3 More Tokens You Can’t Afford to Miss in 2025 appeared first on Coinpedia Fintech News
The crypto market is beginning to recover from the general market dip that saw the market free fall. With a recovery in progress, now is the best time to buy altcoins before the market fully recovers. Several tokens are already looking bullish, and you can’t afford to miss some of them this year if you …
Societe Generale has introduced USD CoinVertible (USDCV), a US dollar-backed stablecoin designed for institutional clients and fully compliant with MiCA regulations.
USDCV will launch on the Ethereum and Solana blockchains, and trading will begin in July 2025. The Bank of New York Mellon will serve as custodian for its reserves.
New Institutional Stablecoin Prioritizes Regulatory Compliance
Societe Generale-FORGE, a regulated arm of France’s Societe Generale bank, has officially announced the launch of USD CoinVertible (USDCV). This stablecoin targets only institutional users and is unavailable to US residents.
Running on Ethereum and Solana, USDCV offers fast settlement and enhanced interoperability for institutional markets.
The timing aligns with rising demand for regulated digital assets. Each USDCV is pegged to the US dollar, with reserves held by The Bank of New York Mellon.
“After the release of a MiCA-compliant EUR stablecoin (EURCV), the launch of a US Dollar version (USDCV) was the obvious next step for Societe Generale–FORGE as market adoption of stablecoins is growing exponentially. The stablecoin market remains largely US Dollar denominated. This new currency will enable our clients, either institutions, corporates or retail investors, to leverage the benefits of an institutional-grade stablecoin” said Jean-Marc Stenger, Chief Executive Officer of Societe Generale – FORGE.
Societe Generale-FORGE’s approach ensures strict supervision and transparency, meeting the evolving needs of European and global markets.
The French baking giant’s crypto arm will provide daily public updates detailing the composition and value of reserves. These disclosures will be readily available via their collateral disclosure page, allowing stakeholders to verify collateralization in real time.
The Bank of New York Mellon’s custodianship adds another degree of security, supporting Societe Generale-FORGE’s reputation for institutional-grade asset management.
This USD-backed launch follows the earlier success of EUR CoinVertible, Europe’s first institutional stablecoin on a public blockchain, introduced in April 2023. That initiative demonstrated Societe Generale-FORGE’s expertise in regulatory compliance and digital infrastructure.
XRP is currently trading in the green at $2.22. Market analysts are watching closely, as recent movements have opened up the possibility of further gains. Looking at the 4-day chart, an analyst has said that there are two main possible scenarios for XRP’s price direction:
1. The Yellow Scenario (More Likely)
This scenario shows XRP continuing to rise, possibly reaching a new all-time high before undergoing a major correction. This structure follows a pattern of five waves that started from XRP’s low in 2013. If this plays out, a correction could follow, possibly pulling the price down to $0.40–$0.50, similar to past market behavior.
2. The White Scenario (Alternative)
This scenario shows that the current bull market actually started in 2020, not 2013. XRP is possibly in the final wave of a smaller five-wave move. If true, a smaller but still significant correction could follow, possibly lasting up to a year.
Despite the uncertainty, both scenarios expect another price increase, especially while XRP holds above the key support level of $1.20. If this happens, XRP could rise to $5.60 or even $6.60.
Short-Term Outlook
From a shorter-term perspective, XRP appears to be forming a five-wave move up from its April low. However, the pattern is not yet clear. If XRP stays above $2.12, prices could continue to rise. But if it drops below that level, we may see a correction with support between $1.84 and $2.10.
The post XRP Price Prediction: 85% Drop to $0.30 Possible, Analyst Warns appeared first on Coinpedia Fintech News
XRP is currently trading in the green at $2.22. Market analysts are watching closely, as recent movements have opened up the possibility of further gains. Looking at the 4-day chart, an analyst has said that there are two main possible scenarios for XRP’s price direction: 1. The Yellow Scenario (More Likely) This scenario shows XRP …
