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Cryptocurrency prices surged as investors anticipate key announcements from the upcoming White House Crypto Summit on March 7, 2025. U.S. President Donald Trump will host the event, bringing together industry leaders, executives, and policymakers. Speculation is rising over potential tax policy changes, including a rumored zero capital gains tax on digital assets. However, even with a presidential executive order, it would require approval from the House of Representatives. The altcoins price, including ETH, XRP, SOL, and ADA price has seen a price rebound over the past 24-hours with BTC gaining 5%.
The White House issued a statement that indicated the upcoming meetings would address electronic assets as well as regulatory frameworks and economic guidelines. The movement of Bitcoin, Ethereum, and XRP prices forward received a significant boost when Trump included these cryptocurrencies in his proposed strategic reserve plans. The prices started declining because investors learned that the congressional approval mandate stands between the reserve plan and its implementation.
Cryptocurrencies Price Spikes: Are Altcoins Poised for More Gains Before Trump’s Summit?
Crypto market analysis has rebounded following recent market declines, pushing the total market cap up by 4.08% to $2.86 trillion. Altcoins have shown recovery, with Bitcoin gaining 4%, Ethereum 5%, and XRP 6%. Other top altcoins, including Solana and Binance Coin, have also followed the upward trend. This market movement comes ahead of the Trump Crypto Summit, set to take place in the on 7th March 2025.
Trump will host a crypto summit on March 7, 2025, scheduled from 1:30 PM to 5:30 PM ET (12:00 AM to 4:00 AM IST on March 8, 2025).
Here’s who’s confirmed to attend:
– Michael Saylor, Founder of Strategy
– David Bailey, CEO of Bitcoin Magazine
– Matt Huang, Co-founder of… pic.twitter.com/qjzKnEFA1L
Over the past 24 hours, the BTC price saw a 5% recovery, reaching $88,761. The BTC price bounced from the $81,529 support but faced resistance at $90,000. With Bitcoin dominance is showing weakness.
The Relative Strength Index (RSI) stands at 53.97, signaling neutral momentum. A break above $90,000 could push BTC toward $100,000, while failure to hold gains may lead to another drop toward $84,000. Market volatility remains high.
ETH Price Eyes 30% Surge Ahead of Trump Crypto Summit
Ethereum price has surged past $2,200, gaining momentum from renewed market optimism. The digital asset secured support at $2,150, fueling expectations of a stronger rebound. ETH recorded a 7% increase over the past 24 hours, now trading around $2,240.
The price surge comes as the market anticipates a key crypto summit involving former U.S. President Donald Trump. If bullish momentum strengthens, Ethereum could climb toward $2,260, with further gains potentially pushing it to $2,500.
Analysts suggest that sustained bullish activity may drive ETH above $3,000, marking a 30% rise. The rally highlights growing confidence in altcoins amid broader market recovery.
XRP Price Holds Key Support as Analysts Eye Surge to $222
Ripple (XRP) price is holding above a critical support trend, signaling a possible breakout. Analysts highlight its strong consolidation above Fibonacci 0.888, aligning with historical patterns.
XRP’s next move could target $8.5 to $13, with a potential Fib 1.618 extension at $27. If history repeats, Fibonacci extensions suggest a possible range between $27 and $222.
What Next for Altcoins?
If BTC holds key support levels, altcoins may continue their bullish momentum. A strong Bitcoin trend often signals increased confidence in the crypto market predictions. This could lead to price surges for major altcoins being the altcoins to watch.
Altcoins such as Solana, Binance Coin, Dogecoin, and Aave could see further gains. Investors are anticipating additional catalysts from the Trump Crypto Summit, which may shape the market’s direction in the coming weeks.
The non-fungible token (NFT) sector experienced explosive growth in 2021. Artists, investors, and collectors were all swept up in the frenzy. Yet, its meteoric rise was followed by a downturn, prompting questions about the sector’s sustainability.
Alexander Salnikov, co-founder of Rarible, believes the market is not facing a collapse but rather a shift. In an exclusive interview with BeInCrypto, Salnikov offered his perspective on the state of NFTs in 2025 and their role moving forward.
Are NFTs Still Relevant in 2025, or Have They Run Their Course?
The rise of NFTs, fueled by excitement and speculation, was inevitable for a market experiencing such rapid innovation. Nonetheless, like many emerging technologies, this early surge was followed by a correction. The hype gave way to the realities of market maturation and sustainability.
According to the latest report by DappRadar, the art NFT market saw an impressive surge in 2021, with trading volumes reaching $2.9 billion. However, by the first quarter of 2025, the trading volume was recorded at just $23.8 million, marking a 93% decline.
NFTs Trading Volume Over the Years. Source: DappRadar
Similarly, the number of active traders peaked at a record high of 529,101 in 2022. Yet, this figure sharply declined by 96%, with just 19,575 active traders remaining by Q1 2025.
A previous industry report from DappRadar revealed that the underwhelming performance wasn’t just a trend in 2025. In fact, 2024 was one of the worst-performing years for the NFT market since 2020. In addition, BeInCrypto also reported on a study that revealed 98% of NFT projects launched in 2024 were essentially “dead.”
Despite the decline, Rarible’s Salnikov has maintained a positive outlook for the sector. He emphasized the importance of a clear purpose when it comes to NFTs.
“Once upon a time, after the .com burst, the headlines rang that the internet was only a fad. But as more companies integrated the technology into everyday use cases, it became ingrained as a part of life,” he told BeInCrypto.
“The speculative phase had its moment, but now we’re watching NFTs evolve into actual infrastructure—tools creators use to build communities, products, and new digital economies,” he said.
NFTs Beyond the Hype: Unlocking Real-World Utility
Salnikov stressed that utility in the NFT space is no longer a distant concept—it is happening right now. Creators are using NFTs for membership, brands for loyalty programs, and games for player identity.
He pointed to a growing convergence between the digital and physical worlds, with NFTs being tied to merchandise, events, and even real-world assets. Binance Research’s April 2025 report further corroborates this trend.
The report spotlighted several real-world partnerships, indicating interest in NFTs. Examples include Azuki’s physical-backed NFT with Michael Lau, The Sandbox’s Jurassic World collaboration, EGGRYPTO’s anime characters with Eparida, and Sony’s Soneium platform partnering with LINE to create Web3 mini-apps.
“The next wave of growth isn’t about chasing a trend—it’s about unlocking new types of ownership and access that feel native to the internet generation,” noted Salnikov.
While this perspective offers optimism, the reality for many companies is quite different. Due to low trading volumes, major platforms like Bybit, X2Y2, and Kraken have resorted to discontinuing their NFT services.
Those that didn’t shut down explored alternative avenues. For instance, Magic Eden expanded beyond NFTs with the acquisition of Slingshot. Nevertheless, Salnikov dismissed this strategy, commenting,
“We’re not trying to bolt on non-NFT features just to stay busy—we’re building NFT commerce that actually fits the communities using it.”
He explained that this approach uses modular, customizable on-chain marketplaces. Creators can tailor them to fit their specific audiences, whether it’s a gaming project, an L3, or a legacy brand.
“NFTs are the feature—they just need the right framing,” the Rarible co-founder stated.
When Fame Fades: The Diminishing Returns of Celebrity-Backed NFTs
In January 2022, Bieber spent 500 ETH (approximately $1.3 million at the time) on Bored Ape #3001. This NFT is from Yuga Labs’ Bored Ape Yacht Club (BAYC) collection.
However, according to the latest data, the NFT is worth only 13.51 WETH (around $24,174), a decline of 98.1%. Although the singer hasn’t sold his NFT, it has received little attention lately, with no promotional efforts or notable discussions around it.
Thus, while celebrities can bring attention to NFTs, this highlights the need for substance beyond the name itself. As Salnikov pointed out, celebrity involvement in the sector is fleeting.
According to him, a celebrity name alone can’t replace genuine creative direction or a strong community.
“Celebrity drops will come and go—it’s the culture behind them that determines if they stick,” he remarked.
He argued that celebrities treating NFTs as mere merchandise deters audiences. Nevertheless, when an NFT drop is intentional and truly taps into something meaningful like music, fashion, or fandom, that’s where the lasting value is found.
“We’re way more interested in working with creators who are building for the long haul than just chasing headlines,” Salnikov disclosed to BeInCrypto.
The executive also outlined the need for a more accessible and user-friendly approach for attracting interested users. He detailed that onboarding users should not feel “like a tech demo.” Salnikov pointed to Rarible as an example.
According to him, Rarible focuses on ensuring that each marketplace built on its platform is a product people genuinely want to use. This involves features such as fiat onramps, low-cost mints, a clean user interface, and, most importantly, content that resonates with users.
“We’re not selling NFTs—we’re powering experiences that just happen to be onchain,” Salnikov concluded.
While the NFT market faces ongoing challenges, it remains to be seen whether the industry is entering a new phase of growth or if further obstacles lie ahead in its evolution.
Cardano is turning heads in the crypto space this week with a strategic partnership and a surge in trading activity. Input Output (IO), the development firm behind Cardano, has officially partnered with Brave — the popular privacy-focused web browser with over 86 million users — to integrate full ADA support into the Brave Wallet.
Announcing the partnership, Charles Hoskinson, the founder of Cardano, revealed that users will now be able to store, send, receive, swap, and sign transactions with ADA and other native Cardano assets directly through the Brave browser. The collaboration will also help Brave’s multi-chain support, which already includes Ethereum and Solana, and now adds Cardano to the mix.
Hoskinson called the Brave deal the first of several partnerships set to roll out throughout the summer and fall. He referred to these initiatives as “fixing broken windows” — deals that should have been completed earlier but faced delays. “This was long overdue. It could have happened in 2022, but certain parties dropped the ball,” Hoskinson shared.
ADA Trading Volume Spikes in Japan
On the market front, Cardano is also seeing growth in Japan. The ADA/JPY trading pair on Binance experienced a 79% increase in trading volume within the last 24 hours. This surge has made ADA/JPY the second most traded Cardano pair globally.
JUST IN: Cardano $ADA is seeing massive volume out of Japan — the ADA/JPY pair on Binance is up +79% in 24h trading volume, making it the second highest volume pair globally for $ADA. pic.twitter.com/Bn8BInAi27
According to data from TapTools, this spike reflects increased activity and interest from Japanese investors, which could further strengthen ADA’s position in Asian markets.
Cardano Holds Strong Amid Mixed Sentiment
Despite a slight dip of 2% over the past 24 hours, Cardano has surged over 19% in the last week, even briefly reaching an intraday high of $0.865. Bulls are now eyeing the $1.02 resistance level, a breakout of which could mean a sustained bullish trend for ADA.
As for Bitcoin, it recently surged past $106,000 following a temporary US-China tariff pause but has since cooled to around $101,952. Ethereum has pulled back by 3%, while Dogecoin dropped over 6%.
The post Cardano Eyes 86 Million New Users With New Partnership, Activity Soars in Japan appeared first on Coinpedia Fintech News
Cardano is turning heads in the crypto space this week with a strategic partnership and a surge in trading activity. Input Output (IO), the development firm behind Cardano, has officially partnered with Brave — the popular privacy-focused web browser with over 86 million users — to integrate full ADA support into the Brave Wallet. Announcing …
Trump will host a crypto summit on March 7, 2025, scheduled from 1:30 PM to 5:30 PM ET (12:00 AM to 4:00 AM IST on March 8, 2025).
— the ADA/JPY pair on Binance is up +79% in 24h trading volume, making it the second highest volume pair globally for