Over the years, Ripple and its native token XRP have weathered waves of skepticism, controversy, and legal battles. But as 2025 unfolds, a growing number of experts, financial insiders, and crypto enthusiasts are beginning to ask a serious question: Is XRP becoming the “Bitcoin for banks” — the foundational digital asset for the future of global finance?
For many in the crypto space, Ripple has long been a polarizing topic. Critics often cite the events of 2017, when a flood of misinformation painted Ripple as centralized, overly corporate, and anti-crypto. Allegations of excessive control, fears of XRP being pre-mined, and speculation about its status as a security fueled skepticism that lingers with some investors even today.
But many of those narratives have since been debunked or disproven. XRP isn’t endlessly minted, it’s being burned with every transaction, and Ripple has established real-world partnerships with dozens of governments, central banks, and financial institutions.
A Shift in Institutional Sentiment
In addition to its institutional partnerships, XRP has also caught the attention of investment firms and market regulators. In a recent crypto market update, it was revealed that over 17 different XRP-based investment products are currently awaiting regulatory approval — an indicator of growing institutional interest.
Meanwhile, financial powerhouses like BlackRock and tokenization-focused platforms such as Ono Finance are working alongside Ripple to build tokenized versions of traditional securities and other real-world assets. This collaborative momentum highlights how tokenization is poised to reshape not just crypto, but the broader financial markets.
Could XRP Really Become the Financial Base Layer for Banks?
Industry insiders and former U.S. financial officials have publicly entertained the possibility of XRP being used as the base layer for the U.S. national banking system or as part of a CBDC initiative. While official decisions are yet to be made, the discussion itself marks a shift from the hostility Ripple once faced.
The Bank for International Settlements (BIS) — often described as the “central bank of central banks” — has already collaborated with Ripple on CBDC projects and instant settlement solutions, signaling the token’s viability on a global scale.
Solana DEX Jupiter: Solana’s decentralized exchange (DEX) volume today surpassed that of Ethereum with 14% weekly gain. In the past 24 hours, Solana’s DEX volume has reached $2.509 blion, with Ethereum still standing at $1.895 billion.
Among the DEXs leading this growth are Orca, PumpFun, Raydium, Meteora, with Orca leading the pack with a 15% increase in trading volume.
This news came in as Jupiter, another dominant 2021-built Solana DEX, launched an advanced version of its platform, Jupiter Pro.
In a bid to maintain its pivotal role, it has introduced new featured and better trading experience.
What’s New in Solana DEX Jupiter’s New Platform?
While platforms like Orca, Raydium, and Meteora continue to operate as independent DEXs, their individual trading volumes are significantly lower than Jupiter’s aggregated volume.
Solana DEX Jupiter’s role as an aggregator enables it to offer superior liquidity and better pricing. This attracts a larger user base and higher trading activity.
Now in its pro version, it has slashed down the gas fees by 10x. The reduced gas fees by 10x will also prove to attractive for users.
It can also be a major advantage for traders looking to make frequent trades with lower costs compared to Ethereum-based tokens. This will ultimately end up in making Solana-based tokens potentially more profitable to trade in 2025.
Other notable new tools and features in Jupiter Pro include:
It includes new token page/terminal for better token analysis of Solana coins.
Users can choose between SOL or USDC as their default currency. It provides new momentum metrics like Net Buy Volume and Net Buyers.
Further, it has also provided community metrics so that investors can make decisions based on the ongoing narratives/sentiments in their community.
Solana DEX Jupiter has also introduced the new option of Quick Buy which will allow investors to trade instantly with a default amount. Jupiter Pro’s ultra mode which it has enabled in Quick Buys and in the token terminal, will also provide the MEV protection to users.
The MEV protection ensures that professional traders can execute trades without the risk of malicious actors exploiting transaction reordering for profit, thus, creating fairer trading conditions.
Notably, in January 2025, Jupiter DEX experienced a substantial surge in trading activity, with its monthly trading volume reaching $184 billion. This growth was influenced by factors such as the launch of new tokens like the Trump memecoin, which attracted a large number of traders to the platform.
This dominance is also attributed to Jupiter’s efficient liquidity aggregation from over 29 protocols, including Orca, Raydium, Phoenix, Lifinity, and Meteora. This together contributes to nearly 90% of Jupiter’s trading volume.
This news also come in as MANTRA (OM) Token price looks to rebound after 90% crash.
Growing DeFi on Solana
Solana DEX Jupiter is launching its pro version at a time when Solana’s DEX and Defi ecosystem continues to grow.
This growth of decentralized finance (DeFi) on Solana in 2025 will likely drive more demand for Solana-based tokens like SOL, USDC, and SRM. And as the Solana community deliberates and implements a new network upgrade, this might also bode well for SOL price in Q2 2025.
Further, as decentralized exchanges (DEXs) and lending platforms on Solana grow, tokens like RAY (Raydium) and MNGO (Mango Markets) can see higher trading volumes.
Solana DEXs
Nonetheless, whether you’re a casual trader or a professional investor, Jupiter Pro promises to be an exciting development in the world of DeFi. Now it remains to be seen how investors and traders adopt to this new interface of Solana DEX Jupiter.
On April 6, 2025, veteran US President Donald Trump fueled the economic competition between the globe’s two greatest economies by imposing a blanket 50% tariff on all imports from China.
Dubbed as “Liberation Day,“ the action was designed to bring new life to American manufacturing, but instead set off a financial chain reaction that spilled well outside of conventional markets right into the center of crypto.
Global Market reaction on Tariffs
The initial response was pandemonium in all financial markets worldwide. The MSCI Asia-Pacific Index dropped more than 3%, and the Shanghai Composite plummeted by 4.7% an indication of serious investor nervousness in China. European markets were not immune either: Germany’s DAX and the UK’s FTSE 100 fell under the weight of dented export expectations.
On the other side of the Atlantic, American indices plummeted. The Dow Jones Industrial Average fell 600 points, while the NASDAQ dipped close to 2.5%. The hardest hit were semiconductor and electronics firms depending heavily on Chinese production. Fear drove investors into havens, driving gold to a 12-month high and sending U.S. Treasury yields down.
Crypto Market Reacted
The crypto space, which many at one time praised as a hedge against macro dislocation, wasn’t immune. Bitcoin (BTC) dropped close to 9% in the first 48 hours after the news. Ethereum (ETH) followed suit, dropping more than 8%. Risk sentiment had well and truly turned, and the digital asset market, inextricably linked to global investor sentiment, was subjected to sharp liquidation.
Asia-specific tokens such as NEO (baptismally referred to as the “Chinese Ethereum”) and VeChain (VET), which is associated with larger Chinese logistics and supply chain companies, experienced gruesome declines falling 12% and 15% respectively. Even US-preferred instruments were not exempt: Solana (SOL) fell by 10%, most of its drop coming courtesy of its extreme vulnerability to DeFi and institutionality trading.
While it was Layer-1 blockchains that bore the bulk of the blow, stablecoins were not spared either. Tether (USDT) redemption volumes spiked, particularly on Asian exchanges such as Binance and OKX, indicative of a flight to cash. Decentralized exchanges (DEXs) such as Uniswap and PancakeSwap, on the other hand, experienced major volume declines, indicating that retail investors were taking liquidity out of the market instead of trading the dip.
So why did stocks and crypto sell off in sync?
For one, crypto remains a speculative asset class. During periods of uncertainty, speculative assets are the first to be dumped. Second, big institutionals now control a significant proportion of crypto volume. These institutions play macro strategies—when fear increases, their capital reverses and moves to safer bets such as cash, gold, or short-term government bonds.
Worsening the situation further were early rumors of capital controls in Hong Kong and Singapore two key crypto hubs. Speculation that regulators might restrict crypto transactions to control capital flight led to further panic, especially among investors based in Asia.
As Bitcoin struggled, gold shone again. The Gold Shares (GLD) ETF recorded its largest one-day inflow in half a year. U.S. manufacturing ETFs experienced fleeting optimism, but most high-growth technology stocks particularly chipmakers such as Nvidia and TSMC got hammered.
In the cryptocurrency universe, those with lesser geographic and trade exposure performed better. Chainlink (LINK), which is decentralized in its oracle infrastructure, lost less than most, and some investors predicted that utility-based tokens would provide more stability in macro-driven routs.
Tariffs drama continuous
The tariff drama is more than politics it’s a stress test of the old and new economy. It demonstrated to us that crypto isn’t this digital island nation that is in some way proof against real world events. Whenever systemic risk beckons, any asset be it fiat, gold, or crypto adapts.
It also reshaped the narrative around Bitcoin’s “digital gold” thesis. While it has outperformed in some local crises (like inflation in Argentina or sanctions on Russia), in a globally synchronized panic, Bitcoin failed to serve as a safe haven. That doesn’t diminish its long-term value proposition, but it’s a reminder: we’re not there yet.
While the world grapples with this latest kick in the teeth of the U.S.–China dynamic, investors and crypto fans will have to reset expectations. Volatility is the new normal, yet in that chop is opportunity.
Builders will redouble efforts on decentralization. Regulators will catch up on how essential good crypto standards are. And investors if smart will learn to hedge risk, control emotions, and diversify better.
After all, Bitcoin was the product of a crisis. Perhaps this one will be the crucible out of which fresh innovation emerges once more.
The post Tariff Turmoil: How Trade Wars Are Shaking Global and Crypto Markets appeared first on Coinpedia Fintech News
On April 6, 2025, veteran US President Donald Trump fueled the economic competition between the globe’s two greatest economies by imposing a blanket 50% tariff on all imports from China. Dubbed as “Liberation Day,“ the action was designed to bring new life to American manufacturing, but instead set off a financial chain reaction that spilled …