The crypto market experienced another busy week, with major events shaking up the landscape. The U.S. Federal Open Market Committee (FOMC) made its decisions, and the long-running XRP lawsuit was finally resolved, bringing relief to the community. However, the Pi Network faced some tough challenges.
The migration and Know Your Customer (KYC) process are now complete, but many users were unable to claim their tokens. As a result, Pi fell behind the market, leading to doubts about whether now is a good time to buy.
Among the top 100 cryptocurrencies, Pi was the worst performer last week, losing more value than the rest. A big blow came when Binance refused to list Pi. They stated that any token not listed on the Binance Smart Chain is not eligible for a vote, disqualifying Pi from consideration.
What’s Next For Pi Coin Price?
The Pi token dropped below the $1 mark, after hitting an all-time high of $3 following its Open Network launch on February 20. It hit the lows of around $0.70, leaving many investors uncertain about the future. However, it has now bounced back, trading at around $0.96. Despite the downturn, analysts are spotting potential for a rebound and there are signs that a breakout could happen. If the support level holds strong, Pi could push back toward $2.
The trading volume saw an initial spike but later declined, showing that sellers are currently in control, weakening the momentum of buyers. Ater a 3% drop, the price is approaching the critical $0.70 support level, and if this breaks, it could lead to further drops, potentially down to $0.50 or $0.10.
On the bright side, if Pi reclaims the $1 level, it could trigger an upward move toward $1.20, offering hope for a recovery.
XRP News: Ripple whales have once again sent shockwaves across the broader crypto market with their massive movers. On-chain data revealed by a top crypto analyst highlighted that over $5 billion worth of XRP was transferred in the past 24 hours. As a result, traders and investors weigh considerable bullishness towards the crypto, with market sentiments further uplifted due to a U.S. crypto reserve and ETF approval odds gaining weight.
XRP News: Ripple Whales Sparks Market Buzz
The latest bullish XRP news seen by traders and investors remains heightened transfers despite the broader market volatility. According to analyst Ali Martinez’s X post on March 5, over $5.37 billion worth of XRP was moved in the past 24 hours.
Source: Ali Martinez, X
This massive mover by Ripple whales emerges in tandem with Donald Trump’s recent announcement to include XRP in the U.S. crypto reserve. Other crypto like Bitcoin (BTC), Solana (SOL), and Cardano (ADA) are also highly anticipated to be included in the reserve.
As an upshot, XRP transfers rose substantially amid market participants abuzz with the crypto reserve announcement.
XRP Active Addresses Spike Adding Optimism
Simultaneously, CoinGape reported that, as of early Asian hours on Wednesday, active addresses on XRP’s network also rose by a staggering 620%, from 74,589 to 462,650. This data further fell in line with the Ripple whale activity surge, underlining positive market sentiment surrounding the coin. Reportedly, the crypto even showcases the potential to flip Ethereum as new highs await amid strong market support.
XRP News: SEC Lawsuit Conclusion Looms Over The Horizon
Simultaneously, the odds of a wrap-up of the Ripple vs SEC lawsuit have also gained notable weight. Attorney Jeremy Hogan recently hinted that an early dismissal of the XRP lawsuit is possible.
Reportedly, the American blockchain company’s CEO, Brad Garlinghouse, might participate in the upcoming White House crypto summit. This endeavor has further sparked market discussions over its potential impact on the ongoing lawsuit. The U.S. SEC last held a closed-door meeting on February 27, 2025, adding a layer of intrigue among market watchers.
XRP Price Surges 6% Today
XRP price today witnessed 6% gains and rested at $2.49. The coin bottomed and peaked at $2.30 and $2.53 in the past 24 hours. Notably, the rising action falls in line with the broader crypto market trend as prices recovered, absorbing trade war tensions.
On the other hand, XRP futures OI rose nearly 7% to $3.40 billion today, emerging as another bullish news for investors, indicating rising market interest. Overall, market participants expect significant gains amid rising Ripple whale activity, investor interest, and lawsuit-related developments.
XRP ETF Bets Spike
Also, it’s worth taking into account the soaring bets of an XRP ETF approval in the pipeline. Polymarket data shows that the chances of approval hover around 78% in 2025, another bullish XRP news for investors.
Regulatory sandboxes have emerged as a concept to drive innovation in a controlled setting. They allow companies to test new crypto products and services while regulators observe and adapt regulations. While jurisdictions like the UK, the UAE, and Singapore have already created sandboxes, the US has yet to create one at the federal level.
BeInCrypto spoke with representatives of OilXCoin and Asset Token Ventures LLC to understand what the US needs to build a federal regulatory sandbox and how it can unify a fragmented testing environment for innovators.
A Patchwork Approach
As the name suggests, regulatory sandboxes have emerged as a tool for providing a controlled testing ground. This environment allows entrepreneurs, businesses, industry leaders, and lawmakers to interact with new and innovative products.
According to the Institute for Reforming Government, 14 states in the United States currently have regulatory sandboxes for fintech innovation.
Of those, 11 are industry-specific and cover other sectors like artificial intelligence, real estate, insurance, child care, healthcare, and education.
Utah, Arizona, and Kentucky are the only jurisdictions among these states with an all-inclusive sandbox. Meanwhile, all but 12 states are currently considering legislation to create some regulatory sandbox for innovation.
Due to its relatively short existence, the crypto market has underdeveloped legislation. While state-level sandboxes enable innovators to demonstrate their products’ capabilities to the public, they are significantly constrained by the lack of federal regulatory sandboxes.
The Need for Federal Oversight
Though statewide efforts to create regulatory sandboxes are vital for innovation, entrepreneurs and businesses still face constraints in developing across borders or reaching an audience at a national level.
Rapid advancements in fields like blockchain and artificial intelligence (AI) add a particular layer of uncertainty, given that existing legal frameworks may not be well-suited to these technologies.
At the same time, regulators may face difficulties in developing appropriate rules for these technologies due to a potential lack of familiarity with these constantly changing industries.
As a result, industry participants are increasingly calling for creating a federal regulatory sandbox. This environment could be a collaborative framework to address the gap, facilitating communication and knowledge sharing between regulators and industry stakeholders.
“The implementation of a federal regulatory sandbox in the United States has the potential to significantly enhance both innovation and regulatory oversight by reducing the uncertainties often associated with navigating the regulatory landscape across state lines. Such an initiative could help establish a coherent framework characterized by uniformity, continuity, and a conducive environment for innovation,” said Paul Talbert, Managing Director of ATV Fund.
According to Rademacher and Talbert, this proposal would meet the needs of all players involved.
Benefits of a Federal Regulatory Sandbox
A sandbox provides innovators with a controlled environment to test products under regulatory oversight without the immediate burden of full compliance with rules that may not yet fit their technology.
It also allows regulators to acquire firsthand insights into blockchain applications, facilitating the creation of more knowledgeable and flexible regulatory policies.
“Startups should have clear eligibility criteria to determine their qualification for participation, while regulators must outline specific objectives—whether focused on refining token classification frameworks, testing DeFi applications, or improving compliance processes,” Rademacher said.
It could also help the United States reinforce its position as a leader in technological innovation.
“By fostering innovation through simplicity, regulatory certainty, and conducive environments, the United States can significantly strengthen its competitive position in the global fintech landscape,” Talbert added.
While the United States has stalled in creating a federal framework for fintech innovation, other jurisdictions around the world have already gained significant ground in this regard.
Global Precedents
The Financial Conduct Authority (FCA), which regulates the United Kingdom’s financial services, launched the first regulatory sandbox in 2014 as part of Project Innovate. This initiative aimed to provide a controlled environment for testing innovative products.
The government asked the FCA to establish a regulatory process to promote new technology-based financial services and fintech and ensure consumer protection.
The United Arab Emirates (UAE) and Singapore, in particular, have made progressive strides in creating federal regulatory sandboxes.
The UAE, for example, currently has four different sandboxes: the Abu Dhabi Global Market (ADGM) Regulation Lab, the DSFA Sandbox, the CBUAE FinTech Sandbox, and the DFF Regulation Lab.
Their focus areas include digital banking, blockchain, payment systems, AI, and autonomous transport.
Meanwhile, the Monetary Authority of Singapore (MAS) launched its Fintech Regulatory Sandbox in 2016. Three years later, MAS also launched the Sandbox Express, providing firms with a faster option for market testing certain low-risk activities in pre-defined environments.
“The success of regulatory sandboxes in jurisdictions such as the United Kingdom, Singapore, and the United Arab Emirates has highlighted the importance of key attributes: regulatory collaboration, transparent processes, continuous monitoring, and the allocation of dedicated resources. As a result, a growing number of jurisdictions worldwide are looking to replicate the frameworks established by these pioneering countries to strengthen their competitive position in the global fintech landscape,” Talbert said.
Rademacher believes these jurisdictions’ innovations should prompt the United States to accelerate its progress.
For that to happen, the United States must overcome certain hurdles.
Challenges of a Fragmented US Regulatory Landscape
A fragmented network of federal and state agencies overseeing financial services presents a key challenge to establishing a US federal regulatory sandbox.
“Unlike other countries with a single financial authority overseeing the market, the U.S. has multiple agencies—including the SEC, CFTC, and banking regulators—each with different perspectives on how digital assets should be classified and regulated. The lack of inter-agency coordination makes implementing a unified sandbox more complex than in jurisdictions with a single regulatory body,” Rademacher told BeInCrypto.
Yet, in recent years, important SEC and CFTC actors have expressed interest in adopting a more favorable regulatory approach to innovation.
“Even though I tend to be more of a beach than a sandbox type of regulator, sandboxes have proven effective in facilitating innovation in highly regulated sectors. Experience in the UK and elsewhere has shown that sandboxes can help innovators try out their innovations under real-world conditions. A sandbox can provide a viable path for smaller, disruptive firms to enter highly regulated markets to compete with larger incumbent firms,” Peirce said in a statement last May.
However, the full scope of national regulations far exceeds the authority of these two entities.
Congressional and Constitutional Hurdles
Any legislative measure to develop a federal regulatory framework for sandboxes in the United States would have to undergo Congressional approval. Talbert highlighted several potential constitutional dilemmas the promotion of an initiative of this nature may face.
“These dilemmas include issues related to the non-delegation doctrine, which raises concerns about the constitutionality of delegating legislative power; equal protection considerations under the Fifth Amendment’s Due Process Clause; challenges arising from the Supremacy Clause; and implications under the Administrative Procedure Act (APA) and principles of judicial review,” he said.
To address these complexities, Congress must enact clear legal boundaries that ensure a regulatory framework is both predictable and open. Given the current administration’s emphasis on technological innovation, the prospects for creating a sandbox appear positive.
“Given the current composition of Congress, which aligns with the political orientation of the new executive branch, there may be a timely opportunity for regulatory reform. Such reform could facilitate the creation of a cohesive federal regulatory framework and enhance collaboration among federal agencies,” Talbert told BeInCrypto.
However, creating a federal regulatory sandbox is not a one-size-fits-all solution.
Balancing State Autonomy and Federal Regulations
State autonomy is enshrined in the US Constitution. This protection means that, even though a regulatory sandbox may exist at the national level, individual states still have the authority to restrict or prohibit sandboxes within their jurisdictions.
Encouragingly, most US states are already exploring regulatory sandboxes, and the states that have already implemented them represent diverse political viewpoints.
However, other considerations beyond political resistance must also be addressed.
“A federal regulatory sandbox might also face opposition from established financial institutions, including banks, which may perceive potential threats to their existing business models. Furthermore, federal budgetary constraints could impede the government’s capacity to support the development and maintenance of a federal regulatory framework,” Talbert added.
Effective federal regulations will also require a balance between businesses’ concerns and regulators’ responsibilities.
“The two biggest risks are overregulation—imposing excessive restrictions that undermine the sandbox’s purpose—or underregulation, failing to provide meaningful clarity. If the rules are too restrictive, businesses may avoid participation, limiting the sandbox’s effectiveness. If they are too lax, there is a risk of abuse or regulatory arbitrage. A well-executed federal regulatory sandbox should not become a bureaucratic burden but rather a dynamic framework that fosters responsible growth in the digital asset space,” Rademacher told BeInCrypto.
Ultimately, the best approach will require coordination from different governing bodies, industry stakeholders, and bipartisan collaboration.
Fostering Collaboration for a Successful Sandbox
Due to recent strained communication between tech and federal agencies, Rademacher believes fostering a cooperative atmosphere is essential for creating a functional federal sandbox.
“The approach must be collaborative rather than adversarial. Agencies should view the sandbox as an opportunity to refine regulations in real time, working alongside industry participants to develop policies that foster responsible innovation. Involvement from banking regulators and the Treasury Department could also be valuable in ensuring that digital assets are integrated into the broader financial system in a responsible manner,” he said.
Achieving this requires a bipartisan approach to harmonizing regulatory goals and setting clear boundaries. Industry collaboration with lawmakers and regulators is vital to showing how a sandbox can promote responsible innovation while safeguarding consumers.
“Its success will ultimately depend on whether it serves as a bridge between innovation and regulation, rather than an additional layer of complexity,” Rademacher concluded.
The cryptocurrency market exhibits stability following its recent market rise. Bitcoin currently trades for $84k while Ethereum holds at $1,900, so investors seek tokens capable of capitalizing on this worldwide liquidity. Among the 4 crypto tokens to hold stand as top performers because of their robust liquidity qualities and stable trajectory. These assets have strong growth potential because market participants look for recovery.
Top Crypto Tokens To Hold As Global Liquidity Soar
Global liquidity refers to the total money supply and financial resources in the global economy. Global liquidity cycles show a fast-rising trend, which indicates a crucial economic transformation among developed nations. CrossBorderCapital data reveals a sudden rise which shows possible economic transformations set to affect financial market operations during 2025. Amid this let’s uncover these top 4 crypto tokens to watch for massive surges as the liquidity surges. Among the coins are BTC, SHIB, XRP, and TRX.
Bitcoin maintains a price point of $84,000 as it experiences faint downward movement during the last day. The price of BTC remains close to its support level after its previous-day increase following the recent FOMC meeting.
The Bitcoin market has shown excellent performance this year after a temporary decline because worldwide liquidity continues to grow while keeping its status among the leading Crypto Tokens to Hold.
The crypto analyst suggests BTC will keep its momentum if it maintains a position above the critical support level of $86,413. The support level at $86,413 could enable BTC to build momentum for new highs in its price. The upcoming target stands at $130,631.14 as it reinforces a bullish trend outlook.
Shiba Inu (SHIB)
The Shiba Inu (SHIB) price maintains its position above $0.000012 support but bulls try to restore upward price movement. The price of SHIB may experience a substantial increase as bullish pressure fortifies making it among the top crypto tokens to watch.
Both the Shiba Inu burn approach, and the SHIB network and other meme tokens increase excitement about this token. The 1D analysis by crypto analysts indicates SHIB’s potential bullish breakout because the token is breaking free from the falling wedge pattern.
(Ripple) XRP
The XRP price demonstrated a 300% growth throughout the previous year which led it to become one of the most successful altcoin performers. The current value of XRP stands at $2.40, and its price has declined by 3% throughout the past day. The crypto market continues to monitor XRP as one of its leading crypto coins top watch.
Active digital addresses on the XRP network have risen sharply to almost 627,000 during this period which stands as the most since April 2023. The growing XRP ecosystem participation has caused this surge in network activity resulting in higher prospects of upward price movements because market sentiment is strengthening.
TRON (TRX)
TRON (TRX) experienced a minimal price increase to reach the $0.2338 level in the market on March 21, 2025. TRON (TRX) price currently operates in a price range between $0.22 and $0.25.
MACD lines demonstrate neutral market conditions because they display minimal separation from each other. If the bullish trend continues, the TRX price could rally up to $0.25 this week.
Conclusion: As Global liquidity continues to pump. The above 4 crypto tokens to hold; DOGE, XRP, SOL, and PI could offer the prospect of growth and stability amid market fluctuation.
GLOBAL LIQUIDITY IS PUMPING
