The Tornado Cash victory against OFAC is a major milestone for the web3 and DeFi development in the United States and globally.
The use of crypto mixers by bad actors remains an existential threat to the wider crypto market.
United States District Judge for the Western District of Texas, Robert Pitman, ruled in favor of Tornado Cash, a popular crypto mixer, against the Office of Foreign Assets Control (OFAC). According to court documents dated April 28, the OFAC is now legally prohibited from reinstating the original sanctions.
In August 2022, OFAC added Tornado Cash to the Specially Designated Nationals and Blocked Persons (SDN) list. According to OFAC, Tornado Cash enabled bad actors, led by North Korea-backed Lazarus, to launder more the. $7 billion in crypto assets.
However, some Tornado Cash users, led by Joseph Van Loon, presented strong arguments that the Department of Treasury had overstepped its authority. On the top list, the Plaintiffs argued that Tornado Cash is not a person and immutable smart contracts are not property.
In addition to citing constitutional violations of free speech and financial privacy, Tornado Cash can seamlessly exist in the United States.
Bigger Picture of Tornado Cash Final Ruling
The final blow to the Department of Treasury by the Tornado Cash is a huge victory for the web3 developers in the United States and globally. The ruling was hailed by web3 leaders led by Paul Grewal, the Chief Legal Officer at Coinbase, among others.
Moreover, open source development of web3 protocols will take shape under the Donald Trump administration, especially amid the anticipated crypto legal clarity.
Meanwhile, TORN price gained around 1 percent following the announcement to trade about $7.38 at the time of this writing. The small-cap altcoin, with a fully diluted valuation of about $74 million and a 24 hour average trading volume of about $2.6 million, had rallied over 160 percent in the past year.
Sui Network (SUI) has hit a new milestone, with its total value locked (TVL) surging to new highs of over $2.1 billion.
This explosive growth is due to strong stablecoin inflows and heightened market momentum fueled by its recent partnership with tech giant Microsoft.
Sui TVL Reaches $2.1 Billion, What Is Driving The Surge?
Data on DefiLlama shows Sui TVL stood at $2.107 billion as of this writing. It is up by over 104% since its yearly lows of $1.031 billion recorded in March, with the growth signaling increasing user participation, market confidence, protocol growth, and liquidity.
In the same way, data on Artemis shows that on Tuesday, the Sui Network led all blockchains in stablecoin inflows over the past 24 hours. Specifically, the total stablecoin supply on the network exceeded the $1 billion mark.
“Sui Network tops the charts with $148 million net stablecoin inflows in the past 24hrs,” wrote Adeniyi Abiodun, Mysten Labs co-founder and CPO, in a Tuesday post.
Sui blockchain led stablecoin flows on May 20. Source: Adeniyi on X
Mysten Labs is the creator of the Sui blockchain, a Layer 1 platform focused on high throughput and low latency.
Meanwhile, the volume of weekly decentralized exchange (DEX) has also reached new highs. This suggests a sharp uptick in user activity and liquidity across the Sui ecosystem.
“Sui hits new all-time high in weekly DEX volume,” on-chain analyst ToreroRomero observed in a post.
A broader narrative of enterprise adoption underpins this bullish market structure. During Microsoft’s Build conference, Sui was named one of the first blockchains to integrate with Microsoft Fabric via data indexing platform Space and Time.
Sui Integrates with Microsoft Fabric
This integration enables Microsoft’s vast developer ecosystem to access Sui’s full-chain history in real-time. The move paves the way for a new wave of institutional-grade blockchain applications.
“Just announced at MSBuild: Space and Time indexed blockchain data will be integrated with Microsoft Fabric. As part of the integration, Microsoft developers will be able to access Space and Time indexed data from Bitcoin, Sui Network, and Ethereum through Fabric,” said Space and Time in a statement.
MySten Labs executive Adeniyi Abiodun emphasized the long-term vision, projecting Sui blockchain’s growth in the next five years.
“Mark my words, by 2030, in-game ownership will be baked into every major game out there and Sui Network will be the backbone making it all happen,” Abiodun predicted.
Technical market signals also reflect the bullish fundamentals. According to Rose Premium Signals, SUI’s price action remains strong despite a current pullback.
“Sui is holding its Inverse Head & Shoulders breakout. After breaking the neckline around $3.65–$3.75, the price pushed up to $3.94 and is now pulling back, retesting the breakout zone….Targets remain: 1st Target: $4.76, 2nd Target: $5.67. Holding above $3.65–$3.70 confirms strength,” they wrote on X.
At the time of writing, SUI is trading around $3.87, down by 0.22% in the last 24 hours. According to the analysts, however, a drop below $3.60 could invalidate the pattern, but for now, sentiment remains decisively positive.
Investor interest in Sui continues to grow, with notable figures such as macro investor Raoul Pal stating that over 70% of his portfolio is currently allocated to Sui.
Here’s my recent talk at Sui Basecamp in Dubai—Enjoy!
00:00 – PALvatar introduces the episode 01:04 – Reframing the macro fear narrative 01:26 – The Everything Code and liquidity 01:51 – Debt cycles and macro structure 02:10 – Demographics, debt, and GDP 02:38 – Aging… pic.twitter.com/iIBHkW6d2O
XRP price is gaining momentum as optimism drives speculation on its next breakout. After a recent decline, XRP is showing signs of a rebound.
U.S. President Donald Trump revealed five digital assets, including XRP, for a potential U.S. strategic crypto reserve, boosting market sentiment. The upcoming crypto summit on July 7 may further impact XRP’s movement.
If XRP hits $10, holding 100,000 tokens today could reach $1 million. However, market fluctuations and regulations continue to shape its trajectory.
How Much Ripple to Hold for $1M If XRP Price Hits $10
As the crypto market rebounds, experts speculate that XRP reaching $10 could significantly boost holders’ portfolio value.
If the Ripple price reaches $10, it would gain more than a 300% surge from current levels.
The critical question is how many tokens are required today to achieve millionaire status at this projected price point.
To determine the necessary holdings, one must divide $1M by the projected price of $10 per XRP. This results in 100,000 XRP tokens. At the current market price of $2.50 per token, acquiring 100,000 XRP would require an initial capital of approximately $250,000.
Factors That Could Drive Ripple Price to $10
XRP price movement hinges on several factors, including regulatory clarity and broader market trends. The ongoing SEC case remains a crucial element, with Judge Torres’ ruling expected to influence XRP’s regulatory stance.
Former U.S. President Donald Trump is set to host a White House Crypto Summit on March 7, 2025, with Ripple co-founder Brad Garlinghouse among the invitees. The summit could impact sentiment around XRP as policymakers discuss the digital asset industry’s future.
The XRP price may receive support from an overall bullish crypto market approach for
cryptocurrencies. BTC’s return to a price of $100,000 will probably initiate a more considerable surge across the entire crypto market.
The overall value and practicality of XRP payment solutions could improve because of increased adoption from financial institutions.
XRP price growth potential depends on positive regulatory changes and growing market demand and institutional acceptance. Market observers track these market conditions since Ripple continues to deal with industry obstacles that could create further potential developments.
Will XRP Price Hit $3 Level Soon?
As of 6th March 2025, the price of XRP is trading at $2.56, marking a 3% surge in the last 24 hours. The Ripple shows signs of a steady recovery after a sharp correction from $2.2, with bulls attempting to reclaim higher levels.
The crypto market is still in the recovery phase, with BTC hovering above $91k and ETH gaining around 5% in the past day.
The Relative Strength Index (RSI) stands at 58.99, moving above the 50 mark, which signals growing bullish strength.
The Awesome Oscillator (AO) has flipped positive at 0.0827, reflecting a shift in momentum after the recent correction.
If the Ripple price prediction maintains its current trend, it could test the $2.70 resistance. A successful breakout may push the price toward $3.00. On the downside, failure to hold the $2.50 support could trigger a drop to $2.20.
With Ripple reaching a price of $10 each of 100,000 tokens would become worth $1 million. The markets together with regulatory framework while institutional adoption standards function as essential influencing elements. Market participants monitor price changes of XRP because it shows promising opportunities as the cryptocurrency nears its resistance thresholds.
Shiba Inu (SHIB) investors are stirring—after a wild ride, SHIB’s holding steady at $0.00001222 with an $7.1 billion market cap as of March 31, 2025.
The meme coin faithful built a legacy, but heads are turning to Influencer Pepe (INPEPE)—its presale’s live at $0.0000001907, and it’s poised to lead a new meme coin revolution. As the first crypto for the $25 billion influencer economy—set to hit $48 billion by 2027—INPEPE’s the spark SHIB holders are chasing. Here’s why.
INPEPE’s Presale Ignites Meme Coin Fever
The vibrant community surrounding SHIB is well aware of what it takes to identify a winning opportunity, and they are now setting their sights on INPEPE’s presale, which is currently priced at an enticing $0.0000001907. This presale is structured to progress through 60 stages, making it an exciting prospect for investors looking to capitalize on the next big thing in the crypto space.
With a staggering total supply of 380 trillion tokens, a significant portion—104.5 trillion tokens, or 27.5%—is available for purchase. For just $50, investors can acquire a whopping 276 million INPEPE tokens today. If the token experiences a remarkable surge of 100X, reaching a price of $0.00001808, it would result in a market cap of approximately $6.87 billion, bringing it close to SHIB’s current market capitalization. A more ambitious 150X increase, pushing the price to $0.00002712, would elevate the market cap to around $10.31 billion.
Furthermore, if INPEPE manages to capture just 5% of the $48 billion influencer market by the year 2027, which translates to a potential market value of $2.4 billion, the price could soar to $0.0000304. This would represent an astonishing 168X increase, resulting in a market cap of $11.55 billion, making it a highly attractive investment opportunity for those looking to get in early.
INPEPE’s Revolutionary Edge
SHIB capitalized on the wave of meme hype, but now we have INPEPE, which is making its mark as the very first cryptocurrency designed specifically for the booming $48 billion influencer economy.
This innovative digital currency is set to facilitate seamless payments across popular social media platforms such as X, TikTok, Instagram, and YouTube. Imagine the possibilities: X tips for creators, TikTok collaboration splits, campaign fees on Instagram, or revenue shares from YouTube content.
Additionally, staking INPEPE at an impressive 5300% APY not only rewards holders but also locks up supply, potentially reducing circulation by a significant one-third. Furthermore, a substantial 20% of the total supply, which amounts to 76 trillion INPEPE, is strategically allocated to fuel influencer hype across these platforms, reaching millions of users.
While SHIB remains a classic in the crypto space, INPEPE is poised to be the revolutionary force driving the future of influencer-driven transactions!
Why SHIB Investors Are Pivoting
In 2020, SHIB’s investment of $50 at a price of $0.00000006 soared to a peak value of $13,750. For INPEPE, a $50 investment at $0.0000001907 could yield $4,989 at 100X leverage and $7,484 at 150X by 2026, assuming influencer support.
With 15% (57 trillion INPEPE) allocated for liquidity and 10% (38 trillion) for development—envisioning creator payment platforms—INPEPE is designed to take the lead. SHIB investors are eager for the next big opportunity—INPEPE is that opportunity!
FOMO Fuels the Revolution
SHIB’s turning heads—INPEPE’s presale at $0.0000001907 is live, and $48 billion’s in sight. Influencers are hyping it up online, which could make it the new meme coin leader.
Every stage hikes the price as the Q3/Q4 2025 launch looms. Don’t wait, head over to the presale now and buy INPEPE using ETH, BNB, USDT, or card before FOMO hits. SHIB is the past; INPEPE’s the future—grab it now!
The post SHIB Investors Turning Heads—Influencer Pepe to Lead New Meme Coin Revolution appeared first on Coinpedia Fintech News
Shiba Inu (SHIB) investors are stirring—after a wild ride, SHIB’s holding steady at $0.00001222 with an $7.1 billion market cap as of March 31, 2025. The meme coin faithful built a legacy, but heads are turning to Influencer Pepe (INPEPE)—its presale’s live at $0.0000001907, and it’s poised to lead a new meme coin revolution. As …
