The US Securities and Exchange Commission (SEC) and Ripple have taken another step in their long-running legal battle as they look to put the XRP lawsuit to bed. This time, the Commission has filed a settlement letter, asking Judge Analisa Torres to set aside her judgment against the crypto firm.
XRP Lawsuit: SEC Asks Judge Torres To Adopt Settlement Agreement
In a court filing, the SEC requested an indicative ruling from Judge Torres pursuant to its settlement agreement with Ripple. As part of the ruling, the Commission asked that the Court dissolve the injunction it awarded against Ripple in the final judgment in the XRP lawsuit.
The agency also asked that Judge Torres order the release of the $125 million penalty ordered against Ripple from escrow. The SEC would receive $50 million in satisfaction of the monetary judgment, while Ripple would receive the remaining sum.
As CoinGape reported, the Appeal Court had earlier granted the SEC and Ripple’s joint motion to suspend proceedings in the appeal case, while they seek this indicative ruling from Judge Torres in order to finalize the settlement agreement.
Once Judge Torres agrees to grant the demands as requested, both parties will then ask the Court of Appeals for a limited remand for the purpose of seeking these reliefs from the District Court.
Upon a grant of this limited remand, the SEC and Ripple will then move to file motions and other necessary documents in the District Court which are necessary to request that the court grants the relief. Once the District Court enters these orders, both the SEC and Ripple will file to dismiss their appeal and cross-appeal, respectively, in the XRP lawsuit.
The cryptocurrency market is heating up, and analysts are already naming their top picks for the next bull run. Two projects that stand out from the crowd are the established giant Cardano (ADA) and the rising star Ruvi AI. While they occupy different positions in the crypto landscape, both share the potential to make a massive impact and deliver significant returns for savvy investors.
From Cardano’s proven track record to Ruvi AI’s innovative solutions, these projects are drawing attention for all the right reasons. Here’s why they’ve landed in analysts’ top picks.
Why Cardano Is a Top Bull Run Contender
When it comes to dependable blockchain technology, Cardano is often at the forefront of the conversation. Launched in 2017, Cardano has built a strong reputation for its emphasis on scalability, sustainability, and security. At its core is a research-driven approach that has guided its innovative structure, setting it apart from competitors.
Cardano’s ability to handle a high volume of transactions has made it a favorite for large-scale applications. The introduction of smart contracts through its Alonzo upgrade further solidified Cardano’s position as a leading platform for decentralized finance (DeFi), non-fungible tokens (NFTs), and various enterprise-level solutions.
But as mature as Cardano’s ecosystem is, there’s a rising challenger on the horizon that’s generating widespread buzz.
Ruvi AI’s Breakout Potential
While Cardano is an established heavyweight, Ruvi AI is a bold newcomer that’s quickly gaining traction. This blockchain-powered project is redefining what cryptocurrency can achieve by integrating artificial intelligence (AI) to solve real-world problems across industries like healthcare, logistics, and finance.
Record-Breaking Presale
Ruvi AI’s debut has been nothing short of spectacular. Its Phase 1 presale has already sold over 125 million tokens, raising an impressive $1.4 million. Early investors seized the chance to buy in at just $0.015 per token, setting the stage for significant growth potential. Analysts predict that Ruvi AI could hit $1 by 2025, marking a 6,570% return on investment for those who got in early.
Real-World Applications
What truly sets Ruvi AI apart is its ambitious utility-focused model. It’s not just another speculative project. Ruvi AI addresses crucial challenges in industries that are ripe for disruption:
Healthcare Ruvi AI’s AI-driven tools simplify diagnostics, streamline medical data management, and optimize resource allocation, making healthcare more accessible and efficient.
Logistics By leveraging AI, Ruvi AI enhances supply chain management, proactively predicts disruptions, and eliminates inefficiencies to save businesses time and money.
Finance From fraud detection to automating transactions, Ruvi AI is modernizing finance while increasing security and efficiency.
This focus on practical applications ensures Ruvi AI has a bright and scalable future, justifying its place in analysts’ top picks.
Investor-Friendly Bonuses
Another reason Ruvi AI has become a hot favorite is its VIP bonus structure, designed to reward early adopters.
Notable Examples:
VIP Tier 2 ($750 investment with 40% bonus):
Total Tokens:70,000 (50,000 base + 20,000 bonus).
Value at $0.07:$4,900.
Value at $1:$70,000.
VIP Tier 3 ($2,100 investment with 60% bonus):
Total Tokens: 224,000 (140,000 base + 84,000 bonus).
Value at $0.07:$15,680.
Value at $1:$224,000.
VIP Tier 5 ($9,600 investment with 100% bonus):
Total Tokens: 1,280,000 (double the base allocation).
Value at $0.07:$89,600.
Value at $1:$1,280,000.
These incentives combine with its innovative platform to make Ruvi AI especially appealing for both institutional and retail investors.
Why Analysts Are Bullish on Both
Cardano and Ruvi AI cater to different audiences, but both projects share a critical quality that sets them apart in the crowded crypto space: utility. Cardano’s legacy as a scalable, smart-contract-ready network ensures its relevance, while Ruvi AI’s groundbreaking approach to AI-powered blockchain applications positions it as a rising star with enormous upside.
For analysts and investors alike, Cardano represents stability and reliability, while Ruvi AI offers the excitement of early-stage exponential growth. This dynamic ensures both projects are likely to thrive in the next bull run.
Final Verdict
The crypto market is full of noise, but Cardano and Ruvi AI stand out for the right reasons. Whether you’re drawn to Cardano’s established reputation or intrigued by Ruvi AI’s innovative potential, both present compelling cases for long-term growth. The challenge? Deciding which is the better fit for your portfolio.
If history teaches us anything, it’s that the winners in crypto are those who identify real utility and act early. Will you be one of them?
The post Analysts Reveal Their Top Bull Run Picks: Here’s Why Cardano (ADA) and Ruvi AI (RUVI) Stand Out appeared first on Coinpedia Fintech News
The cryptocurrency market is heating up, and analysts are already naming their top picks for the next bull run. Two projects that stand out from the crowd are the established giant Cardano (ADA) and the rising star Ruvi AI. While they occupy different positions in the crypto landscape, both share the potential to make a …
At the beginning of 2025, Layer-1 (L1) blockchain network Solana found itself in the spotlight, thanks to meme coins.
Donald Trump’s Official Trump (TRUMP) meme coin launch on January 17 ignited a flurry of activity across the network, driving demand to levels unseen since the 2021 bull cycle.
While these volatile assets boosted Solana’s network activity and pushed up SOL’s price, they also present a paradox. They have brought in liquidity, users, and attention—but at what cost?
Presidential Memes Pump Solana Into Overdrive
Solana’s cheap, lightning-fast transactions and highly composable DeFi infrastructure make it one of the most preferred blockchains for launching meme coins. So when newly elected Donald Trump launched his TRUMP meme coin on the network in January, it came as no surprise to many.
Following TRUMP’s launch on January 17, demand for Solana skyrocketed, driven on the one hand by developers eager to launch their own meme coins and on the other by the frenzy of trading activity surrounding them.
Melania Trump followed her husband’s lead by launching her MELANIA meme coin on the same chain two days later. This move exacerbated the meme hype and drove significant trade volumes across multiple meme coins, both existing and newly created.
For example, within a day of launch, MELANIA’s trading volume soared 396%, jumping from $1.33 billion to $6.6 billion, according to CoinGecko data.
Solana Memes Took It to the Moon, Then Back Down
This development drove significant user engagement on Solana. According to Glassnode, by January 24, the network was processing 832,000 active addresses per hour, over 26 times more than Ethereum, which recorded just 31,000 per hour.
Due to the huge influx of new users on the network, transaction fees rocketed. Per Glassnode, Solana’s total transaction fees climbed to an all-time high of $32.43 million on January 19 after MELANIA launched. On the same day, SOL climbed to an all-time high of $293.
However, market exhaustion set in shortly after this price peak was reached. The meme coin mania began to fade, taking Solana users with it. Daily active addresses and new demand for the L1 plunged, dragging down DEX volume, SOL’s price, and DeFi TVL.
For example, SOL’s DEX volume hit an all-time high of $36 billion on January 19. But as the meme coin hype cooled off, by January 31, it had plummeted to just $3.8 billion, dropping nearly 90%. As of April 15, this totaled $1.5 billion.
Solana’s network revenue was not spared. Daily revenue, which rose to an all-time high of $16 million on January 19, plummeted to under $5 million by the end of January. Yesterday, the network’s total revenue from all transactions completed was under $115,000.
While TRUMP, MELANIA, and the slew of other meme coins that launched on Solana in the first few weeks of the year drove unprecedented network activity and boosted SOL’s value, the drop in their values and overall trading volumes has impacted the network’s performance.
It then raises the question of whether Solana’s actual value is now tied to this highly volatile, borderline chaotic asset class.
In an exclusive interview with BeInCrypto, Binance Research spokesperson Marina Zibareva noted that while these meme assets contributed to the network’s growth at the beginning of the year, Solana’s performance remains “increasingly driven by broader ecosystem fundamentals.”
According to Zibareva:
“We’ve seen DeFi TVL grow nearly 4x in SOL terms since January, and stablecoin supply has increased over 6x – pointing to lasting interest in real utility. Developer activity is also accelerating, with smart contract deployments rising almost 6x, suggesting strong long-term potential beyond the speculative wave.”
Although Solana’s inherent features make it a go-to destination for launching meme coins via platforms like Pump.fun, Jupiter, and Meteora, Zibareva sees a future for the network that stretches beyond meme coins.
“Meme coins have brought attention and users, but the long-term trajectory likely points toward use cases like DeFi, DePIN, Gaming, and SocialFi. Solana’s daily active addresses have increased nearly 6x year-to-date, and with its infrastructure battle-tested, we expect to see more developer activity focused on sustainable value creation,” she added.
It has been over 3 months since the Pi Network’s open mainnet was launched after a long wait of over 4 to 5 years. In these months, the network has made some huge progress, including breaking into the top 20 crypto post-launch. Trending across social media platforms and boasting over 60 million users. Moving forward, Pi price appeared to be more secure with an increase in real-world adoption along with more exchange listings. However, the PI price has remained highly volatile, while heavy token unlocks have made it too risky to deal with.
Now that the bearish flags have been fluttering over the Pi price rally, will the bulls prevent excessive price drain?
After the rebound from the support below $0.7, the PI price appeared to have triggered a fine reversal. Meanwhile, a close observation suggests diverse price action. The token experienced two major spikes followed by liquidations, with a clear bearish setup leading to a decline of over 52%. In the long term, the outlook remains bearish with a target near $0.3, representing about an 80% potential downfall.
In a wider perspective, the PI price has remained under massive bearish influence, which portrays the Gaussian Channel. The price is trading much below the resistance of the channel. which is currently bearish. Besides, the CMF has triggered a bearish divergence while in an attempt to trigger a recovery. Moreover, the volume has dropped significantly, signalling a drop in trading activity. With this, the PI price seems to be preparing for another pullback, which may drag the price down by another 10% to 15%.
Will the PI price remain stuck within a bearish trend?
The PI price may undergo minor price variations in the short term, which could keep the token consolidated above the crucial support in the long term. Besides, the upcoming unlocks are expected to increase the volatility, which could, in turn, have a positive impact on the rally. However, to do so, the PI price is required to breach above $1 and sustain for a long time without undergoing a correction.
The post Top Reasons Why Pi Network Price Rally is Limited-Here’s Why it Could Drop by 20% appeared first on Coinpedia Fintech News
It has been over 3 months since the Pi Network’s open mainnet was launched after a long wait of over 4 to 5 years. In these months, the network has made some huge progress, including breaking into the top 20 crypto post-launch. Trending across social media platforms and boasting over 60 million users. Moving forward, …
