Ripple (XRP) eyes further gains after Senator Bill Hagerty stated that the GENIUS stablecoin act will be passed next week, which may bode for US native stablecoins such as RLUSD. If RLUSD grows as a result of friendly stablecoin regulations and attains half of Tether’s $150 billion market cap, what would be the impact on XRP price? Ripple trades at $2.37 today after a 1.35% decline in 24 hours. Trading volumes were also down by 37% in 24 hours, according to data from CoinMarketCap. XRP Price If RLUSD Hits $75B Market Cap Ripple’s RLUSD currently has a market cap of $313 million, and 2.66K holders. At press time, the dollar-pegged stablecoin posted $61 million in intraday trading volumes, significantly lower than Tether’s volumes of $54 billion. RLUSD Stablecoin However, RLUSD is about to gain a competitive edge over Tether’s USDT and likely support an XRP price recovery. US Senator Bill… Read More at Coingape.com
Cryptocurrency markets are showing signs of moving forward in 2025, and Cardano is trying to get back on its feet with more people paying attention to it from a technical point of view. On the same note, Rexas Finance (RXS), which claims to be the largest real-world asset tokenization platform, seems to be coming into the limelight for its projected 18900% surge. This article discusses ADA’s outlook and goes over why Rexas Finance is considered one of the upcoming altcoins in the current bull cycle.
Cardano is still garnering interest as a leading Layer-1 blockchain solution. ADA currently stands at $0.615 as of April 17, 2025, meaning it has gained little daily movement but has been in a slight weekly decline. Even though there had been some fluctuations in the stock prices recently, analysts are still optimistic. From the technical perspective, trends highlight Cup-and-Handle formation on two technical indicators. This pattern usually implies a continuation of the trajectory in the higher levels in case of support levels are retained.
Currently, the 100-week Exponential Moving Average can be considered as a support level and prevent the decline anymore. However, Cardano is still a rather emerging ecosystem, having the total value locked in the amount of about $300 million. This has caused discussion among the investors about the level of interaction and deployment of dApps by the developers. Still, new applications such as the BitcoinOS, which is yet to be implemented, could help boost more users and hence demand.
Rexas Finance Emerges as a Promising ADA Alternative
As ADA bounces back, Rexas Finance (RXS) is slowly establishing itself as a formidable player in the altcoin market. It is a platform for the tokenization of the identification of real-world assets (RWAs), such as real estate, arts, or commodities. It also has its tools, such as the Rexas Token Builder and Rexas Estate, where users can tokenize physical assets while using blockchain technology.
As of now, RXS is currently in PRESALE Stage 12, with the funds raised slightly over $47.6million and more than 461 million tokens sold. It has an almost six-fold increase during the presale and intends to list at $0.25 upon its launch. Based on market momentum, token utility, and innovative exchange listings, experts anticipate an 18900% upside potential in trading prospects.
Milestone Alert!
Rexas Finance has successfully raised $47.6 Million!
With the ever expanding RWA market, which is expected to grow to $16 trillion by 2030, Rexas Finance connects with both retail and institutional agents. Its tokenization strategy is about making it easy to invest in global assets through the use of tokens that are fractions.
Adoption and Innovation Drive Future Growth for Cardano and Rexas Finance
Cardano’s long-term viability and sustainability are still heavily reliant on the growth of its ecosystem and the expansion of its user base. While it is firmly grounded in research, ADA requires more developer participation and practical applications to maintain its utility. Digital identity and DeFi in the regions which are still untapped represent one of the biggest opportunities for the platform.
New additions like zero-knowledge proofs and cross-chain services likely to introduce new competitors in Layer-1 solution, price prediction ADA Cardano estimate to reach between $1.20 and $3.15 in 2025. Moreover, Rexas Finance will launch on June 19 and enable users to work in seven spaces namely, DeFi, GenAI, and Launchpad with cross-chain capabilities. Now, with CertiK as its auditor and allowed token distribution for presale is 80 % while 20 % for staking, Rexas aims to solve real-world asset problems with safe and backed solutions.
The post Cardano Price Forecast and Hot New ADA Alternative Making Headlines with an 18900% Rally Forecast appeared first on Coinpedia Fintech News
Cryptocurrency markets are showing signs of moving forward in 2025, and Cardano is trying to get back on its feet with more people paying attention to it from a technical point of view. On the same note, Rexas Finance (RXS), which claims to be the largest real-world asset tokenization platform, seems to be coming into …
BlackRock’s IBIT ETF (Exchange-Traded Fund) is turning heads amid a sustained growth in its net assets, with analysts saying it could reach $100 billion this month.
The financial instrument recently passed as the asset manager’s most profitable ETF, driving more revenue than BlackRock’s S&P 500 fund.
Can BlackRock’s IBIT Reach $100 Billion in Assets in July? Analyst Says Yes
ETF analyst Eric Balchunas said BlackRock’s IBIT ETF could reach $100 billion in net assets in July. The optimism comes amid consistent positive flows into the financial instrument as institutional investors seek indirect exposure to BTC via IBIT.
“I wrote last week that IBIT could hit $100 billion this summer, but hell, could be this month. Thx to recent flows + overnight rally it’s already at $88 billion,” wrote Balchunas.
Indeed, data on crypto investment research tool SoSoValue corroborates this outlook, showing a sustained growth in daily volume for BlackRock’s IBIT ETF.
As of July 14, IBIT’s net assets stood at $85.96 billion after sustained positive flows on every trading day since June 9.
Instances of negative flows, or outflows, are also isolated, with none in July, adding credence to Balchunas’ supposition that IBIT net assets value could hit $100 billion this month.
BlackRock’s IBIT ETF net asset value. Source: SoSoValue
Meanwhile, reports indicate that IBIT is BlackRock’s most profitable ETF. More closely, it is the asset manager’s fastest financial instrument on growth metrics after breaching the $80 billion mark. It hit this milestone on July 11, only 374 days after its launch.
Beyond net assets, BlackRock’s IBIT is also the biggest ETF on revenue metrics, surpassing the asset manager’s S&P 500 ETF (IVV) as it generates $186 million annually. A notable reduction in IBIT’s volatility accentuates this traction, making it nearly as stable as the S&P 500.
Moreover, it is impossible to separate IBIT’s growth from Bitcoin’s surge, with the two assets enjoying a symbiotic relationship. On the one hand, IBIT gives institutional investors indirect access to Bitcoin via a regulated vehicle, culminating in a BTC price surge.
On the other hand, the growth in Bitcoin’s price directly benefits the asset manager’s net assets, as the value of IBIT rises in tandem.
This attracts more investor interest, boosting BlackRock’s assets under management (AuM), and therefore generating more fees. As its profitability increases, so does its dominance in the Bitcoin ETF race.
BlackRock Buys $386 Million Worth of Bitcoin
Elsewhere, BlackRock has added to its Bitcoin stockpile, acquiring an additional 3,294 BTC for $386 million.
Against the backdrop of BlackRock’s Bitcoin accumulation spree, the asset manager is steadily nearing Satoshi Nakamoto’s BTC stash, estimated at 1.1 million BTC.
At its current clip, gobbling up around 40,000 BTC per month, or about 1,300 BTC daily, BlackRock’s IBIT is over 65% there.
According to Balchunas, BlackRock sustaining this pace could see its IBIT ETF surpass Satoshi by May 2026, just two years after its launch.
“…IBIT has gobbled up 40k BTC a month (or 1.3k/day) on pace to hit 1.2m in May ’26 (not bad for 2yr old infant),” Balchunas remarked.
For now, however, that fast growth makes IBIT the youngest member among the top 25 largest ETFs globally by assets under management. This is not a mean feat given IBIT’s establishment 2.1 years ago or 1.6 years since it started trading.
Alongside Bitcoin, BlackRock is ramping up on Ethereum (ETH), with reports indicating the latest purchase as 50,970.08 ETH worth $150 million.
Raydium is releasing LaunchLab, a new token launchpad to compete with Pump.fun. The exchange announced this platform last month, and its full release has sparked community enthusiasm.
Pump.fun and Raydium have been locked in an intense competition in the Solana ecosystem. Last month, Pump.fun launched its own decentralized exchange, and now Raydium has introduced its own launchpad.
Raydium Increases Solana Dominance with new Launchpad
Raydium, Solana’s largest decentralized exchange, has the opportunity to make some serious gains in the near future. Solana meme coins are eyeing a comeback with heightened trade volumes and rising token prices, and the firm is releasing a long-awaited project.
Although it will compete with Pump.fun, Raydium’s launchpad services look more extensive. They will allow all kinds of tokens to be launched, not just meme coins, and these tokens can be directly traded on the exchange.
“Introducing LaunchLab, Raydium’s all-in-one token launchpad. Built for creators, developers, and the community. Get started with JustSendIt mode: launch a token, hit 85 SOL, [and] liquidity migrates to Raydium’s AMM INSTANTLY. Seamless, on-chain token creation. No migration fee. No gatekeepers,” the firm claimed in its launch announcement.
Last month, however, this same asset soared when Raydium first announced Launchpad. Pump.fun entered the DEX sector, and Raydium is enabling users to launch their own meme coins.
Since this launch announcement took place, RAY spiked around 10%, signifying the community’s enthusiasm.
There may be another explanation for this token rally in addition to community hype. Raydium also mentioned that all of Launchpad’s trading fees will go towards ecosystem development.
More specifically, 25% of these fees will directly fund buybacks of RAY tokens, while the other 75% go towards a Community Pool and Program fee.
These other funds can enable a few generous user incentives. Raydium claimed that Launchpad token creators can earn up to 10% of trading fees from the AMM pool post-graduation, and users can also receive SOL tokens from referring new clients. Token creators will also enjoy several other quality-of-life features.