Uphold has announced the integration of USD Coin (USDC) on the XRP Ledger (XRPL). This addition allows users to seamlessly transfer USDC between their Uphold and external XRPL wallets. The integration connects the stablecoin to a fast, low-cost network, broadening the access of Uphold users to the XRP Ledger’s features. USDC Integration on XRP Ledger
XRP price has recorded significant gains today, soaring more than 6% amid a broader crypto market recovery. The sudden spike comes amid growing speculations that the leading asset manager BlackRock could soon file for an ETF for Ripple’s native asset and Solana. Besides, renowned experts predicted a potential rally for the asset, potentially sending it to a new ATH.
BlackRock’s ETF Filing Speculations Gain Traction
The XRP community is abuzz with speculation following a recent statement from ETF Store President Nate Geraci. In a recent X post, Geraci suggested that BlackRock may file for both Solana and XRP ETFs in the near future.
He emphasized that the giant asset manager, which currently leads in Bitcoin and Ethereum ETF assets, is unlikely to let competitors take the lead on two of the top five non-stablecoin crypto assets. Geraci stated:
“BlackRock will file for both Solana and XRP ETFs. Solana could be any day. Think xrp once the SEC lawsuit concluded. I simply don’t see them allowing competitors to come in & launch ETFs on 2 of the top 5 non-stablecoin crypto assets w/out any sort of fight.”
Meanwhile, his comments have reignited investor confidence in XRP’s potential, especially as BlackRock’s involvement could drive major institutional interest.
XRP Price Targets $5 Amid Bullish Projections
Following Geraci’s statement, market analysts have turned bullish on XRP. Notably, a recent report hints at a potential rally for Ripple’s native asset to $15 in the coming days. Besides, another expert has shared a bullish forecast, hinting towards a new ATH ahead.
Well-known crypto expert, Rose Premium Channels, shared an optimistic price prediction, suggesting that XRP could soon hit $5. According to the analysis, XRP’s key support levels lie at $2.1 and $2.2, while its next targets stand at $3, $4.2, and ultimately $5.
With the potential ETF filing and the broader market recovery, traders anticipate a strong uptrend for XRP. Some analysts even project a double-digit long-term target, should the ETF materialize and market conditions remain favorable.
XRP Price & Performance
XRP price has jumped nearly 6% today and exchanged hands at $2.46 while touching a 24-hour high of $2.47. However, its one-day trading volume fell 20% to $4.6 billion. Besides, CoinGlass data showed that XRP Futures Open Interest soared more than 6% to $3.38 billion, reflecting the bullish market sentiment.
Besides, a recent report also showed why Ripple’s coin is poised to continue its rally ahead. However, with soaring anticipation over the potential XRP ETF launch in the US, the market sentiment remains high with many expecting the crypto to touch a new high ahead.
Jeffy Yu, the 22-year-old co-founder of the artificial intelligence (AI) crypto project Zerebro, is at the center of a growing controversy following reports that he may have faked his death.
Initially believed to have committed suicide, Yu’s alleged passing triggered a massive surge in his legacy meme coin, LLJEFFY token. It skyrocketed to a market cap of around $105 million. However, mounting evidence suggests Yu may still be alive and actively involved in cryptocurrency transactions.
The Rise and Fall of Legacoin: Jeffy Yu’s Alleged Death and $105 Million Surge
On May 4, a video surfaced on X (formerly Twitter) purportedly showing Yu taking his own life during a livestream on the Pump.fun platform. This prompted widespread shock in the crypto community.
Heartbroken over the Zerebro dev’s tragic loss. A reminder to check on each other—this space can be tough. Rest in peace.
Family can be your rock through tough times—lean on them, talk it out, and let their love lift you up.
His now-deleted obituary was posted on the Legacy platform on May 6, and many tribute posts followed. That same day, a pre-scheduled article attributed to Yu was published. The article introduced the “Legacoin,” a new category of meme coins tied to legacy and permanence.
“If you’re reading this, it’s because my 72 hour deadman’s switch triggered so i’m not here, at least physically or my adhd really got the best of me (oops, i’ll post an update when i have that ‘oh shit’ moment, embarrassing if the token isn’t live) this is a legacoin, my final art piece LLJEFFY,” the blog read.
The coin offers no promises or returns. It is described as “interactive performance art” where the trading activity on the blockchain reflects human emotions like fear, greed, and hope. Yu also expressed discontent with how wealth and fame led to the breakdown of meaningful relationships.
“You only truly die when you’re forgotten How will you define your legacy?” Yu asked in his final blog.
After the blog went live, the associated token LLJEFFY surged in value. According to DEXScreener, its market capitalization reached approximately $105 million, marking an appreciation of 2,115%.
Zerebro’s own token also saw a modest rise, pushing its market cap to $46.5 million. Nonetheless, the rise was fleeting. As of the latest data, LLJEFY has lost 96.19% of its value, with its current market cap at just $4.0 million. ZEREBRO has also faced a double-digit decline of 19.9%, according to CoinGecko data.
Is the Zerebro Co-Founder Still Alive?
The rapid decline came as users started to post evidence that Yu was still alive and actively trading.
“Incredibly the ghost of the Zerebro dev is buying his “legacy coin” on his phantom wallet brings a whole new meaning to phantom wallet I guess,” a user noted.
On-chain analysis by X user Vee revealed that a wallet address (G5sjgjPdFdoz7hRa49yDobeSdqMooCmDwsCUERqLTfyr), allegedly linked to Yu, continued to be active after his reported passing.
“I’ve just noticed that one of Jeffy Yu’s addresses is dumping ZEREBRO, then sending USDC to the HTX exchange, and then that money is coming to Jeffy’s address that created LLJeffy,” Vee posted.
Moreover, Lookonchain revealed that a wallet, potentially associated with Yu, sold 35.55 million ZEREBRO for 8,572 SOL ($1.27 million). Following this, the wallet transferred 7,100 SOL ($1.06 million) to the developer wallet “G5sjgj” linked to LLJEFFY.
Further fueling suspicion, multiple sources, including crypto influencer Irene Zhao, cited insider knowledge claiming Yu faked his death. In addition, another user called Daniele posted a letter Yu allegedly sent to an early investor, admitting that he had created the video to move away from the public eye.
“Crypto just witnessed its first pseudocide exit strategy,” Daniele wrote.
In the letter, Yu shared that he had been harassed, blackmailed, and doxxed, leading him to fear for his safety. He outlined that stepping away openly would have negatively affected the value of his projects. Thus, he chose this route for his safety and peace.
“I have not profited from this situation; rather, the contrary, I have incurred substantial expenses in legal fees and related costs associated with this planned exit,” Yu wrote in the letter.
The crypto market had a volatile week that ended on a not-so-positive note, led by Bitcoin. Altcoins experienced a similar week, with many noting losses, especially the meme coins, some of which are inching closer to a new all-time low.
BeInCrypto has analyzed three such meme coins, which showcase the different intensities of the market’s drawdown: some noted weekly lows, and others saw massive losses.
Brett (BRETT)
BRETT price had gained 9% over the last week but lost all the gain on Friday after seeing major corrections. The meme coin is trading at $0.0379, below the local resistance of $0.0429.
The meme coin continues to struggle against broader bearish market conditions, making it difficult to break higher. However, with sustained interest, a rise above resistance remains possible.
The primary target for BRETT is to breach $0.0478 and flip it into support after noting a 17% rise. This has been an ongoing challenge for the altcoin, with previous attempts failing over the past month.
Successfully flipping $0.0478 into support would open the path for further growth, potentially pushing BRETT above $0.0500.
However, if BRETT fails to break through $0.0429, it could retrace to $0.0372. Falling below this level would invalidate the current bullish outlook, potentially sending the altcoin down to $0.0348.
Goatseus Maximus (GOAT)
GOAT has faced a persistent downtrend since the start of the year, currently trading at $0.0634. This prolonged decline has erased nearly all of its previous gains. The market’s overall bearish conditions have kept the altcoin struggling, making it difficult for GOAT to secure upward momentum.
Currently, GOAT is trading just above its all-time low (ATL) of $0.0601, having experienced a significant 37% decline over the past week. If the market conditions remain unfavorable, the altcoin could see a drop below $0.0600, potentially marking a new ATL and deepening its losses.
However, if GOAT receives support from bullish investors or market sentiment shifts positively, it could stage a recovery.
The meme coin’s target would be $0.1104, and if it successfully breaches this resistance, the bearish outlook could be invalidated, helping GOAT recover from its recent losses.
OFFICIAL TRUMP (TRUMP)
TRUMP initially jumped to $13.11 this week before seeing a drop to $12.28 on Friday. The meme coin has managed to hold above the key support level of $12.10, indicating a stabilizing trend amid the broader market’s volatility.
This support level continues to be critical for price movements.
While TRUMP reached an intra-week high of $17.14, the altcoin has struggled to maintain upward momentum. The ongoing downtrend and prevailing bearish market conditions pulled the price back down.
Moving forward, TRUMP is likely to consolidate between $17.14 and $12.41, with these levels marking significant resistance and support.
The only way this neutral outlook is invalidated is if TRUMP falls below $12.41. A breakdown below this support could lead the altcoin to slide toward its all-time low (ATL) of $11.07, signaling a more bearish trend.
This would also extend the losses seen in the current downtrend.