Ripple’s latest XRP escrow update has raised eyebrows, taking an interesting turn. In a notable twist, the company unlocked 500 million XRP tokens, only to re-lock a substantial amount, defying conventional expectations. What’s behind this unusual pattern? Ripple Unlocks 500M XRP, Locks 400M As revealed by Whale Alert in an X post, Ripple has successfully
Token unlocks continue to shape the crypto market, influencing wider sentiment and liquidity. This week, three projects—StarkNet (STRK), TRUMP, and Polyhedra Network (ZKJ)—are scheduled for major unlocks.
Both TRUMP and Polyhedra are about to unlock tokens worth more than 20% of their market cap. Here’s what to know.
TRUMP
Unlock Date: April 18 Number of Tokens to be Unlocked: 40 million TRUMP (4.00% of Max Supply) Current Circulating Supply: 199 million TRUMP
US President Donald Trump’s OFFICIAL TRUMP meme coin is about to unlock new tokens worth 20% of its market cap. On April 18, 40 million TRUMP tokens will be released, with a combined market value of $338.57 million.
Of this, 36 million tokens (10%) are assigned to Creators & CIC Digital 1, while 4 million tokens (10%) go to Creators & CIC Digital 4.
Unlock Date: April 15 Number of Tokens to be Unlocked: 127.60 million STRK (1.28% of Max Supply) Current Circulating Supply: 2.9 billion STRK
StarkNet is an Ethereum Layer 2 scaling solution built with STARK-based zero-knowledge rollups. Its role is to enhance throughput and reduce gas costs. STRK is the network’s native utility and governance token.
On April 15, 127.60 million STRK tokens will be unlocked, representing $16.71 million in value—roughly 4.40% of the current market cap. Of this, 66.92 million tokens (3.34%) are allocated to early contributors, and 60.68 million tokens (3.34%) to investors.
Also, STRK has declined over 26% in the past month and is currently down nearly 100% from its February 2024 all-time high.
Polyhedra Network (ZKJ)
Unlock Date: April 19 Number of Tokens to be Unlocked: 15.50 million ZKJ (1.55% of Max Supply) Current Circulating Supply: 60 million ZKJ
Polyhedra Network delivers blockchain interoperability through its zkBridge technology. It enables cross-chain messaging, asset transfers, and storage with zero-knowledge proofs.
The April 19 unlock includes 15.50 million ZKJ tokens, valued at $35.16 million—25.7% of ZKJ’s market cap.
The release consists of 8.47 million tokens (2.65%) for ecosystem and network incentives and 2.61 million tokens (1.74%) for community, airdrop, and marketing.
Meanwhile, 3.61 million tokens will be allocated for foundation reserves, and 800,000 tokens for pre-TGE token purchasers.
Also, ZKJ is currently up 10% over the past month.
Overall, this week’s unlocks collectively introduces over $400 million worth of new tokens into the market. While some projects face downward pressure, others like ZKJ show positive momentum.
As always, traders should monitor token distribution closely to assess potential shifts in market sentiment and liquidity.
Coinbase is listing Reserve Rights (RSR), a dual‑token stablecoin platform aimed at creating a collateral‑backed, self‑regulating stablecoin ecosystem. Following the announcement, Binance’s ‘smart money’ traders are increasing long positions on the altcoin.
Incoming SEC Chair Paul Atkins was an early advisor for RSR, but he doesn’t maintain any active connection to the project. Nonetheless, RSR speculators may be anticipating some benefits from this old association.
Coinbase Lists RSR To New Enthusiasm
RSR has been active since 2019, aiming to upend the stablecoin ecosystem. It’s an ERC‑20 utility and governance token that underpins the Reserve Protocol, a dual‑token system designed to back and stabilize the Reserve stablecoin (RSV) at a $1 USD peg. RSR, a non-stablecoin, provides governance and backstop insurance to its counterpart.
However, an intriguing side effect has also taken place. As the asset prepares its debut on Coinbase, top traders on Binance are showing a strong bullish positioning.
Binance Top Traders Go Long on RSR. Source: Coinglass
On Binance, the top‑trader long/short ratio measures the share of total open positions held as longs by the top 20% of accounts by margin balance. A 65.48% long ratio means these “smart money” participants are overwhelmingly betting prices will rise.
Meanwhile, beyond Coinbase listing, RSR is getting attention due to its link with incoming SEC Chair Paul Atkins. Although Atkins disclosed his crypto investments and has no current link with RSR, he joined the Reserve Rights Foundation as an advisor in its early stages.
That isn’t to say that anyone has alleged that Atkins will engage in corruption to unfairly boost RSR. However, since becoming President, members of Trump’s family have been involved in several controversial crypto deals. This precedent may be encouraging traders to believe in the importance of political connections.
For now, market narratives are very important in this industry. As Atkins officially begins his career as the SEC’s new Chair, RSR may continue to receive indirect benefits.
It seems like Bitcoin (BTC) is preparing for a major price decline. On March 26, 2025, the overall crypto market has experienced significant volatility, leading to major price swings from gains to losses.
Bitcoin (BTC) Price Action and Technical Analysis
The overall cryptocurrency market has been experiencing significant price fluctuations over the past few days. In late February and early March 2025, the market was quite favorable. During this period, the crypto market saw impressive upside momentum while forming a bearish price action pattern.
Bitcoin Price Prediction
Bitcoin (BTC) has formed the same pattern on the four-hour timeframe. According to expert technical analysis, BTC has developed a bearish rising wedge pattern and is on the verge of breaking down.
Based on recent price action and historical patterns, if BTC breaks down from the pattern and closes a four-hour candle below the $86,200 level, there is a strong possibility it could drop by 8.5%, bringing the price down to $78,700.
Source: Trading View
As of now, BTC is trading below the 200 Exponential Moving Average (EMA) on the daily timeframe, indicating a downtrend.
$232 Million Worth of BTC Outflow
Despite market uncertainty and bearish price action, whales and long-term holders have been accumulating BTC, according to on-chain analytics firm Coinglass.
Data from spot inflow and outflow reveals that exchanges have witnessed a significant outflow of $233 million worth of BTC in the past 24 hours, indicating potential accumulation that could create buying pressure and drive further upside momentum.
This marks the fourth consecutive day of continuous BTC outflows from exchanges.
Traders’ Bearish Outlook
However, traders appear to be supporting the current market sentiment as they are heavily betting on the short side. Data from Coinglass reveals that traders are over-leveraged at $88,907 on the upper side and $85,813 on the lower side, with $1.20 billion worth of short positions and $722 million in combined short and long positions.
Source: Coinglass
This clearly highlights that bears are currently dominating the asset, and the price won’t rise above the $88,907 level.
Current Price Momentum
At press time, BTC is trading near $86,690, having dropped 1.50% in the past 24 hours. During the same period, its trading volume declined by 10%, indicating lower participation from traders and investors compared to the previous day.
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It seems like Bitcoin (BTC) is preparing for a major price decline. On March 26, 2025, the overall crypto market has experienced significant volatility, leading to major price swings from gains to losses. Bitcoin (BTC) Price Action and Technical Analysis The overall cryptocurrency market has been experiencing significant price fluctuations over the past few days. …