Kraken is preparing to go public in the near future via an IPO.
The surge in trading volume signals the re-emergence of FOMO crypto trading amid bullish sentiment.
Bitcoin has already broken out of a major resistance and a euphoric rally is around the corner.
Kraken, a veteran cryptocurrency exchange, announced the financial update for the first quarter of 2025. The cryptocurrency exchange reported a gross revenue of $471.7 million, up 19 percent YoY but down 7 percent QoQ.
According to the announcement, Kraken recorded an adjusted EBITDA of $187.4 million, up 17 percent and 1 percent YoY and QoQ respectively. The company reported a total trading volume of about $208.7 billion, up 29 percent YoY but down 10 percent QoQ.
What Next For Kraken
Kraken exchange intends to follow Coinbase Global Inc. (NASDAQ: COIN) by going public via an IPO, potentially in the first half of 2026. The cryptocurrency exchange completed the acquisition of NinjaTrader, to enhance the combination of traditional finance and the cryptocurrency market,
“We always want to be ready to be able to grow with our customers. If it’s better on behalf of our customers to have access to capital markets, we’ll do it. We’ll be able to have the ability to go public when we want to, not subject to market conditions,” Arjun Sethi, the company’s co-chief executive officer, said in an interview.
Key Derivation for Crypto
The notable growth in Kraken’s gross revenue and adjusted EBITDA confirms the rising demand for digital assets reported in the past year. The improving global liquidity amid the rising adoption of digital assets by institutional investors and nation-states signals a parabolic rally is on the horizon.
Moreover, the United States, under President Donald Trump, is about to implement its Strategic Bitcoin Reserve. Additionally, more nations have implemented clear crypto regulations in the past few years compared to the 2021 bull cycle.
XRP price predictions are pointing towards a $5 target, with analysts forecasting significant gains ahead. As XRP continues to show strong potential, a new challenger, Remittix, is emerging as an “XRP 2.0” rival. With a predicted 12,000% surge, Remittix’s innovative cross-border payment solution could disrupt the market.
Want to know if XRP could reach $5 and why Remittix might outpace it? Read on to discover why Remittix is the next big thing in crypto.
Can XRP reach $5? Price prediction and future outlook
One of the best-performing cryptocurrencies since the bull resurgence is XRP; many experts believe its price might surge above $5. The latest market movement and strong positive signals indicate a possible advance, particularly following a breakout above important resistance levels.
After its lowest moments, XRP’s price has been gradually rising, with some projections indicating that, given the correct momentum, the coin might even reach a new all-time high.
The rising user base and institutional support the cryptocurrency receives strengthen its future. Another advantage that might provide XRP with long-term stability is concluding its legal battle with the SEC.
Although this is contingent on various elements, including market sentiment, regulatory clarity, and rising acceptance of XRP in real-world use cases, the present trend demonstrates growing confidence from investors, making the $5 aim realistic.
The big question is, when is this $5 achievable?
Remittix as XRP 2.0: The rival with a possible 12,000% increase
Although XRP is still strong, a fresh rival, Remittix, is already being referred to as “XRP 2.0” because of their similarities in key product features. With its creative PayFi system, Remittix seeks to change cross-border transactions. Customers can send money from their crypto wallets to bank accounts without any knowledge of cryptocurrencies.
The Remittix token RTX is attracting interest because of its potential. Based on its presale performance, with more than 75% of the total token supply sold, analysts estimate RTX might witness a huge 12,000% increase in the next years.
Remittix has generated almost $15 million in presale and might see its value increase as more people and companies choose crypto-to-fiat solutions. Some analysts even think it may eventually outperform XRP.
Designed for simple crypto-to-fiat transactions, the Remittix platform might become the preferred method for cross-border payments. Its meteoric surge will help establish Remittix as a fierce rival of XRP in the crypto market.
Though their methods differ, XRP and Remittix both operate in the business of enabling quick and cheap cross-border payments. With a sizable market capitalization and past usage in financial institutions, XRP is already well-known. The major benefits of XRP are high liquidity, a great network, and general acceptance.
Though being in its early years, Remittix offers something fresh and interesting. The Remittix PayFi technology is special since it lets anyone use crypto for international transactions regardless of their level of expertise in cryptocurrencies. This ease of usage could make Remittix particularly attractive to a broader audience, especially those unfamiliar with crypto.
While XRP has experienced a consistent increase, Remittix is positioned for explosive development. Though Remittix’s creative strategy may help it to eventually grab a bigger market share, XRP’s maturity compared with Remittix’s potential for a huge spike indicates both projects could flourish.
Finally, supported by rising institutional interest and increased adoption, analysts estimate that XRP and Remittix have a bright future and might rise above $5. However, Remittix is an emerging competitor that might just outshine XRP in the coming years. With its innovative cross-border payment system and the explosive growth potential of RTX, Remittix could be the new force in the crypto market.
Early involvement with Remittix, particularly during its presale phase, should be taken into consideration by investors since it’s providing returns beyond XRP’s present potential. Available for $0.0757, don’t miss the opportunity to participate in the next major cryptocurrency event, Remittix.
Discover the future of PayFi with Remittix by checking out their presale here:
The post XRP Price Prediction Points Towards $5 And 12,000% Surge For New “XRP 2.0” Rival appeared first on Coinpedia Fintech News
XRP price predictions are pointing towards a $5 target, with analysts forecasting significant gains ahead. As XRP continues to show strong potential, a new challenger, Remittix, is emerging as an “XRP 2.0” rival. With a predicted 12,000% surge, Remittix’s innovative cross-border payment solution could disrupt the market. Want to know if XRP could reach $5 …
Despite the broader market uptick this week, Hedera’s native token HBAR has bucked the trend, registering a 5% decline over the past seven days.
With bearish momentum building, the HBAR token now risks a return to its year-to-date low.
HBAR Slides Below Key Indicators
HBAR’s decline comes as many top cryptocurrencies post modest gains this week, reflecting its divergence from general market sentiment.
Readings from the HBAR/USD one-day chart suggest that this bearish trend could persist in the short term. For example, as of this writing, HBAR trades below the dots that make up its Parabolic SAR (Stop and Reverse) indicator.
This indicator measures an asset’s price trends and identifies potential entry and exit points. When an asset’s price trades below the SAR, it indicates a downtrend. It suggests the market is in a bearish phase, with the potential for further price dips.
Supporting this bearish outlook, HBAR’s Chaikin Money Flow (CMF) remains in the negative territory, signaling a decline in buying volume and a growing presence of sellers in the market. It currently stands at -0.07.
This key momentum indicator measures money flows into and out of an asset. A negative CMF reading, like HBAR’s, signals that selling pressure dominates the market. This means that more investors are offloading the token than accumulating it, a pattern associated with a weakening price trend.
HBAR Tests 20-Day EMA: Will It Hold or Break Toward $0.12?
The daily chart shows HBAR’s decline has pushed it near the 20-day exponential moving average (EMA). This key moving average measures an asset’s average price over the past 20 trading days, giving weight to recent changes.
When the price falls near the 20-day EMA, it signals a potential support level being tested. However, if the price breaks decisively below the EMA, it may confirm sustained bearish momentum and further downside risk.
Therefore, HBAR’s break below the 20-day EMA could lower its price to its year-to-date low of $0.12.
BitMEX co-founder Arthur Hayes has once again stolen the spotlight with his recent comment on the social media platform. In a recent X post, Hayes said that Ethereum price will hit a new all-time high of $5,000 before Solana’s rally to $300. This bold prediction caught investors’ attention, especially after the Bitcoin price neared $89K in the last 24 hours.
Arthur Hayes Bets Big On Ethereum Price: Will ETH Outpace Solana?
The current volatile scenario in the broader crypto market has left many investors wondering about the futures of the top altcoins. However, amid this, Arthur Hayes has caught the investors’ eyes with his latest bold prediction, which has sparked a Solana Vs Ethereum price debate.
Meanwhile, in a recent X post, the BitMEX co-founder said that Ethereum would reach the $5,000 mark before Solana’s likely rally to $300. Notably, this comment has further fueled speculations as it contradicts the current trend recorded in the market. Besides, it also comes after Hayes recently predicted that BTC will hit $110K soon.
Here’s A Quick Overview of Solana & Ethereum Prices
Arthur Hayes’s bold prediction on Ethereum price comes amid a slump in Ether price today. During writing, ETH price was down over 1% and exchanged hands at $2,052, while its one-day volume jumped 25% to $13 billion. Notably, the crypto has touched a 24-hour high and low of $2,101 and $2,038. Besides, a recent ETH price prediction indicates that the crypto might rest near the $2,100 level for this month.
On the other hand, SOL price today was up 0.5% and exchanged hands at $139.4. Notably, a flurry of factors has helped in the recent SOL price gains over the past few days. However, a SOL price prediction hints that the crypto might touch a max price of about $144 by this month’s end.
What’s Next For ETH & SOL?
Despite the volatile scenario recorded in the broader crypto market, experts and recent market trends hint at a potential rally ahead for both assets. For context, renowned expert Ali Martinez noted that Ethereum whale activity has surged recently and they have acquired 470,000 ETH through the prior week.
Source: Ali Martinez, X
Besides, another expert Michael van de Poppe also shared crucial insights on the future trajectory of Ethereum price. In a recent X post, the expert noted that if ETH breaks through the $2100-$2150 level, it could target $2,800 in the near term. Besides, he also predicted a likely “good Q2” for the asset.
Source: Michael van de Poppe, X
Simultaneously, for SOL price, analyst CryptoCurb said that the crypto is on the verge of a breakout ahead. Echoing a similar sentiment, analyst Satoshi Flipper said that the short-term performance hints at a likely rally for SOL price.
Remittix 
