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JPMorgan Chase Bank, N.A. has submitted a trademark application to the U.S. Patent and Trademark Office (USPTO) for “JPMD.” This new service mark could represent the bank’s next step in digital asset services, including trading, transfers, and crypto payments. JPMorgan ‘JPMD’ Trademark For Crypto Payment According to a filing dated June 16, JPMorgan Chase has
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XRP is up 7% over the last week of April, but May 2025 could bring even bigger moves as major catalysts line up. Key metrics like NUPL and active addresses show a market at a crossroads, with strong optimism and warning signs.
Hype around ETF approvals has stirred volatility, and real institutional inflows could decide XRP’s next major trend. Traders should prepare for a month where both sharp rallies and deep corrections remain firmly on the table.
XRP Long-Term Holders Net Unrealized Profit/Loss (NUPL) is currently at 0.73. This places it firmly in the “Belief – Denial” stage of the market cycle. The indicator measures the average unrealized profit among long-term holders.
It has been stuck in this zone since March 27, over a month ago. In general, NUPL values above 0.75 indicate “Euphoria—greed.”
Readings between 0.5 and 0.75 show belief that prices can rise, but there is also the risk of denial if momentum weakens.
The current value has risen from 0.68 three weeks ago to 0.73 today. Long-term XRP holders are seeing larger paper gains. Still, the market could soon face a critical moment where either continuation or a correction emerges.
Rumors about an SEC-approved spot XRP ETF have recently caused confusion, adding more fuel to market volatility. In reality, only ProShares’ leveraged and short XRP Futures ETFs were approved to begin trading on April 30. A true spot ETF has not been approved.
Although the futures approval is seen as a positive step for XRP’s long-term legitimacy, spreading false information has damaged investor confidence. It has also created unnecessary instability.
Despite that, analysts have suggested XRP market cap could surpass Ethereum’s. Rumours around a XRP and SWIFT partnership have also risen in the last month.
Some experts predict that a future spot ETF could eventually drive up to $100 billion in capital inflows into XRP. However, until that happens, volatility driven by rumors and miscommunication remains a major risk for the token.
XRP’s 7-day active addresses have dropped significantly, currently at 147,000, compared to their all-time high of 1.22 million, which reached March 19.
This steep decline reflects a broader cooldown in network activity after the massive surge seen earlier this year.
Monitoring active addresses is crucial because it offers real-time insight into user engagement, transaction volume, and overall ecosystem health—lower address activity often signals waning interest, reduced transaction flow, and a softer foundation for sustained price growth.
Since April 1, XRP’s 7-day active address count has consistently stayed below 200,000, reinforcing that user activity has yet to recover fully.
While the drop does not necessarily mean a major price collapse is imminent, it highlights a critical point: strong rallies are often backed by growing network participation.
Without a meaningful pickup in active addresses, XRP could struggle to maintain momentum or ignite a new bullish phase soon.
The final approval of a Spot XRP ETF could become a major catalyst for the token’s price. It would potentially unlock significant institutional inflows. Recently, the world’s first XRP ETF began trading in Brazil.
Experts predict that, if real demand follows the approval like it did with Bitcoin, XRP price could rally sharply. The next major upside target is $3.40, representing a 49% increase from current levels.
This move would be driven by fresh inflows, greater mainstream acceptance, and a tightening supply as more investors gain direct exposure through regulated channels.
On the downside, if momentum fails to recover and a strong downtrend takes hold, it could face a sharp correction. A break below the psychological $2.00 level would expose the token to deeper losses, with the next major support around $1.61.
Such a move would imply a 29% drop from current prices, reflecting a scenario where optimism around ETFs fades and selling pressure takes over.
In this case, XRP could remain stuck in a broader consolidation or bearish phase until stronger catalysts appear.
The post What to Expect from XRP in May 2025 appeared first on BeInCrypto.
Shiba Inu (SHIB) price sets its eyes on record highs, with two on-chain metrics suggesting that it may skyrocket soon. These metrics hint that the meme coin has entered an accumulation phase, which may renew the bullish momentum and spark an upward trend.
Despite bullish tailwinds, SHIB value today remains subdued and is down by 15% from its April highs of $0.000015. At press time, the coin trades at $0.000013 with a mild 0.03% gain in 24 hours.
The daily chart for Shiba Inu price hints that an explosive rally is looming, as the meme coin teases a breakout from an accumulation zone after overcoming resistance from a descending trendline. The next key level to watch is $0.00001364, and if it can form a decisive close above it, it will flip the market structure to bullish.
If this breakout occurs, and SHIB holds above the MA level of $0.0000182, a reaccumulation phase will likely play out before a potential 108% rally to $0.0000286.
The RSI stands at 54, an indication that the bullish momentum is strong to support an upward trend. However, traders should remain wary of a weakening uptrend as the AO bars suggest that the bullish sentiment is weak.
Despite the weak outlook depicted by the AO bars, two key on-chain metrics hint that the 108% will likely out, and the SHIB price could skyrocket soon.
The Shiba Inu Market Value to Realized Value (MVRV) ratio teases that the price of this top meme coin is about to enter an explosive bull market. This metric is at the same level it was in Q3 2024 before a 54% rally ensued within two months, followed by another 94% surge in Q4. This surge saw SHIB clinch a multi-month high of $0.000033 in late 2024.
If history rhymes and SHIB follows the same trend, and the price skyrockets by 94%, the new target will be $0.0000259. This supports the thesis around a bullish Shiba Inu price prediction and the possibility of fresh highs being formed soon.
Meanwhile, data from Santiment shows that the ratio of daily on-chain transaction volumes in profits and losses has plummeted to 0.24%, marking the lowest level in nearly two months. This indicates that most holders are in losses, a fact that has always preceded a strong bounce as traders are less incentivised to sell.
If the Shiba Inu price follows previous trends and these on-chain metrics hint towards a rally, the meme coin will skyrocket and potentially reach new record highs. However, this rally faces headwinds considering that traders have been flocking to newer meme coins, which have diverted capital away from older coins.
The post Here’s Why Shiba Inu Price May Skyrocket Soon appeared first on CoinGape.
Ripple’s XRP Ledger (XRPL) is poised to take center stage in the Hidden Road broker deal. In a recent development, Ripple executive Cassie Craddock unveiled XRPL’s key role in Hidden Road’s post-trade infrastructure.
Reportedly, the XRP Ledger is expected to spearhead integration of digital assets with traditional financial systems. According to the executive, the XRPL will power all of Hidden Road’s post-trade services related to prime brokerage. In addition, Ripple’s RLUSD will be used as collateral.
As highlighted by Cassie Craddock , Ripple’s Managing Director for the UK and Europe, the XRP Ledger will power Hidden Road’s post-trade infrastructure. In a recent X post, market expert Crypto Eri, shared insights into the Ripple Director’s crucial revelations.
Reflecting on Craddock’s statements, the expert explained the key role of XRPL in the Hidden Road broker deal. Reportedly, the XRPL is likely to facilitate key transactions and data management for Hidden Road’s post-trade processes, including trade settlements and collateral movements. Craddock stated, “The XRP ledger will be used as a post‑trade for all of Hidden Rose prime brokerage services.”
While specifics are yet to be revealed, future updates from Ripple and tracking on-ledger activity may provide additional insights into the partnership’s implications.
During the interview on BFM Business, Craddock remained vocal about Ripple’s $1.25 billion acquisition of prime broker Hidden Road. While revealing XRPL’s key role in the Hidden Roader broker deal, the executive also unveiled the utilization of Ripple’s RLUSD stablecoin.
Notably, Craddock confirmed that RLUSD “will be used a collateral” in the deal. According to her, this moves enables the “bridging of the digital asset space to TradFi, which is extremely exciting.”
Significantly, the integration of XRPL is expected to reduce post-trade processing times. It will be lowered from 24 hours to mere 3-5 seconds with its settlement finality. With Hidden Road handling over 50 million transactions and $10 billion in daily cleared volume, this move puts XRPL to a major performance test.
Moreover, Ripple gains access to a substantial institutional market, serving over 300 hedge funds and trading firms with $3 trillion in annual cleared volume. This provides a significant customer base for Ripple’s digital asset infrastructure.
This development comes amid increasing anticipations of the official conclusion of the XRP lawsuit and ETF launches.
The post Hidden Road Broker Deal: Ripple Executive Explains The Role of XRPL appeared first on CoinGape.