RVN, the native token of Ravencoin, a blockchain dedicated to creation and peer-to-peer transfer of assets, saw an astronomical surge of 94% just hours after it was listed on Upbit exchange, even as Bitcoin dropped below $105,000 on Thursday. Upbit exchange announced listing of Ravencoin on Wednesday with 5 pm Korean Standard Time (KST) as
Base, a layer-two blockchain developed by Coinbase, has seen a significant surge in Total Value Locked (TVL) over the last 24 hours following a key integration.
It comes amid changing regulatory winds in the US, with President Trump’s pro-crypto stance inspiring bold moves among sector players.
Base TVL Soars 20% As Binance.US Adds Support
According to data on DefiLlama, Base TVL is up by $557 million. It moved from $2.778 billion on Thursday to $3.335 billion as of this writing, a 20% surge in the last 24 hours.
The surge in TVL suggests an increased volume of assets staked, locked, or deposited in the Base blockchain. A higher TVL indicates increased user activity, trust, and adoption, with users committing capital to the protocol.
Meanwhile, this surge follows a notable announcement from Binance.US, the American arm of Binance exchange, the world’s largest crypto trading platform by volume metrics.
According to the announcement, Binance.US now supports Base. It allows Ethereum (ETH) and Circle’s USDC (USD Coin) stablecoin transfers on the Layer-2 network.
“We’re excited to announce that Binance.US now supports Base! Starting today, you can deposit and withdraw Ethereum (ETH) and USDC via Base,” an excerpt in the announcement read.
The exchange highlighted that more assets will join Binance.US on the Base network, indicating interest in developing the integration. Meanwhile, using Base’s blockchain, users can deposit and withdraw ETH and USDC directly to and from Binance.US.
For the exchange, this integration could bolster accessibility. Specifically, Binance.US users can interact with Base’s ecosystem without bridging assets through Ethereum’s mainnet. This is amidst concerns that Ethereum’s mainnet is slow and costly.
As an L2 scaling solution, Base offers faster and lower-cost transactions compared to Ethereum’s mainnet. Data on Etherscan shows Ethereum’s transaction throughput is approximately 13.2 TPS. This could lead to network congestion and high gas fees during peak periods.
On the other hand, Base processes transactions off-chain, bundling them before submitting them to Ethereum. This Method achieves higher throughput and significantly lower fees, making it more cost-effective for users.
Therefore, the integration allows Binance.US users to move ETH and USDC to Base for DeFi activities at a fraction of the cost.
Binance.US suspended its USD deposit and withdrawal services following a high-profile SEC lawsuit and mounting regulatory pressure starting in 2023. However, amid shifted political rhetoric toward crypto, exchanges appear to be taking bold steps.
“Now that we’ve survived, our goal is to help crypto thrive and empower all Americans with freedom of choice,” Binance.US interim CEO Norman Reed said recently.
It aligns with a recent move from the Kraken exchange. As BeInCrypto reported, the US-based exchange listed BNB in a move that marked a strategic shift in US crypto exchanges, potentially signaling broader token adoption in the country.
The incident was controversial after some community members noticed some concerning data. The revelations led to dire allegations, with some likening ZkSync to Mantra (OM). To some, ZKsync responded to the hack by dumping their assets at an accelerated pace.
“The ZkSync team has released 110 million tokens and sold 66 million. The price of ZK is going against the trend as the market is recovering, and it has immediately dropped by 15%. First OM, now ZK, this project seems to be heading in the wrong direction,” one user noted.
This bordered on embezzlement. However, in a recent development, the ZKsync Association revealed that the hacker returned 90% of the funds, effectively honoring the safe harbor deadline.
We’re pleased to share that the hacker has cooperated and returned the funds within the safe harbor deadline. As stated in the original Security Council message, the case is now considered resolved.
The assets are now in custody of the Security Council, and the decision on what… https://t.co/X0oejun9Tx
Through an April 21 post on X (Twitter), the ZKsync Security Council offered the hacker a 10% bounty if they returned the stolen funds, allowing a 72-hour window.
“To resolve this matter amicably in the spirit of safe harbor, we are offering a 10% bounty for your cooperation if you return 90% of the funds involved in the exploit,” ZK Nation shared on X.
As it happened, the bad actor heeded, transferring almost $5.7 million to the ZKsync Security Council across three transfers on April 23.
Specifically, they sent two transfers on the ZKsync Era blockchain. The first involved sending $1.83 million worth of Ethereum (ETH) to the ZKsync Security Council’s ZKsync Era address, and the second involved sending $2.47 million worth of ZKsync tokens.
Transfers made through the ZkSync Era blockchain. Source: explorer.zksync.io
In the third transaction, the ZKSync hacker sent 776 ETH worth approximately $1.4 million to the ZkSync Security Council’s Ethereum address.
Transfers made to the ZKsync Security Council’s ZKsync Era address. Source: Etherscan.io
With this, the ZKsync Association committed to publishing a final report revealing more details about the security incident.
Meanwhile, it is worth noting that the hacker followed instructions given by the ZKsync Security Council to the letter. Based on this, the case closes without further action.
It mirrors past incidents, including Ronin Bridge hackers returning $10 million worth of ETH and earning a $500,000 bounty.
Despite the turn of events, however, the ZK token continues to display bearish sentiment, down by nearly 2% in the last 24 hours. As of this writing, ZKsync’s token was trading for $0.06.
Meanwhile, not all hacking incidents honor safe harbor offers. Recently, Bybit launched a bounty program offering up to 10% of recovered funds to ethical hackers and cybersecurity experts.
This incentivized efforts to reclaim $1.4 billion in stolen assets. While some efforts to reclaim lost assets yielded results, the partial recovery was thanks to key industry players stepping in, not the exploiter.
Analyst All Things XRP has addressed a common myth about XRP’s price limit. Many people believe XRP can’t reach $100 because of its market cap, but according to the analyst, this idea is completely wrong.
He explained that market cap is simply the result of price multiplied by the total number of coins in circulation. It’s not a limit on how high a cryptocurrency’s price can go.
To make it clear, he compared it to real estate, saying XRP can’t hit $100 because of its market cap is like saying no one can buy a $10 million mansion because the average house costs $300,000. Both situations ignore how individual prices and values work in the real market.
The analyst believes XRP’s biggest strength lies in its liquidity. He explained that a small $80 million investment once boosted XRP’s market cap by $17 billion, showing how even minimal inflows can trigger massive price movements due to low liquidity. This highlights how XRP can react strongly to demand shifts.
He added that XRP isn’t just another coin—it’s a platform designed for global payments, capable of handling trillions in transactions. As major banks adopt it and new features like DeFi, EVM sidechains, and passive income tools roll out, the ecosystem is growing fast. With rising utility and limited supply, he expects demand to keep climbing.
All Things XRP explained that although XRP hitting $100 could seem far-fetched, it is not entirely unrealistic. With $8 billion in inflows, XRP could rise to $30-$40. And if factors like speculation, ETFs, and global adoption play out in favor, then a price of $100 is achievable.
He says XRP is designed to scale with the future of finance, targeting the $300T cross-border payments market, where it’s positioned to be the backbone. “Still think market cap is a cap? Apple, Microsoft, and Saudi Aramco all blew past $1T. XRP isn’t them, but it’s not bound by old rules either. It’s a whole new model,” he added.
XRP is currently trading at $2.19, up 1.5% in the past day, with a market cap over $127 billion.
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The post Analyst Predicts XRP Price Could Hit $100, Here’s Why appeared first on Coinpedia Fintech News
Analyst All Things XRP has addressed a common myth about XRP’s price limit. Many people believe XRP can’t reach $100 because of its market cap, but according to the analyst, this idea is completely wrong. He explained that market cap is simply the result of price multiplied by the total number of coins in circulation. …