The Ripple vs. SEC case has been keeping the crypto community on edge lately. Frustrated XRP supporters are blaming the SEC for the delay. However, a legal expert has clarified some important details of the case.
Who Is Behind the Delay?
According to attorney Bill Morgan, it’s actually Ripple that is causing the delay. In a recent post, the expert explained that Ripple wants the court to remove the injunction on how it can sell XRP. Surprisingly, the SEC is cooperating and even helping with the process.
Wrong. Ripple is the source of the delay. It wants the injunction dissolved. Rather than cause the delay the SEC is actually bending over backwards to help ripple have the injunction dissolved. Ripple and the SEC would have settled months ago but for Ripple wanting to dissolve… https://t.co/1YPRgxes0n
While many expected a quick settlement months ago, the case has been held up because Ripple is focused on getting those restrictions lifted first.
One user asked Morgan if dissolving the injunction is necessary for Ripple to move forward. Morgan said, “Ripple needs it, not the XRP investors,” making it clear that the move primarily benefits Ripple’s ability to sell XRP to institutions.
Another question was raised: Can the judge remove the injunction but still keep the fine? The attorney confirmed that the judge has the authority to do that.
Judge’s Ruling To Arrive Sooner?
The community is frustrated over the ongoing delays in the Ripple vs SEC case. The next update in the Ripple vs. SEC case is set for August 15, 2025. But former SEC official Marc Fagel said that date is not a deadline, and the case is not delayed until then. He explained that the judge could decide on the pending motion at any time, whether in a few hours, days, or even weeks.
The SEC case is NOT delayed until August 15. The district court judge can rule on the motion pending before her in hours, days, or weeks (or months or years, for that matter, but it obviously won’t come to that).
In an earlier tweet, Fagel also clarified that Judge Torres had already ruled against Ripple last year, issuing a $125M fine and a permanent injunction. The case continues only because both Ripple and the SEC appealed and are now seeking changes, which is something that is on them, and not the judge.
According to Morgan, a decision could come sooner. Any further delay could trigger new appeals and slow down the settlement talks.
Both parties have signed the deal, paused their appeals, and filed the necessary motions. Now, everything hinges on Judge Torres issuing a ruling. Once approved, Ripple will pay a $50M fine, the injunction will be lifted, and both appeals will be dropped.
Stellar (XLM) has been up almost 19% over the last seven days, and its market cap is now close to $9 billion. The RSI has surged above 70, while the ADX shows rising trend strength, and the EMA lines confirm bullish momentum.
XLM is holding an uptrend and pushing toward key resistance around $0.30. However, if support levels fail, signs of overheating could lead to short-term pullbacks.
Is Stellar Overheating? RSI Hits 71.5
Stellar is currently showing strong bullish momentum. Its Relative Strength Index (RSI) climbed to 71.5, significantly from 55.2 just three days ago.
This rapid increase highlights a surge in buying activity, reflecting growing investor confidence in XLM’s short-term price prospects. The sharp move also suggests that Stellar has quickly transitioned from a neutral to a more aggressively bullish setup, capturing attention among traders who closely monitor momentum indicators for entry and exit signals.
Such a fast rise in RSI often indicates intense demand, but it can also signal that the asset is approaching stretched conditions, which may increase volatility.
The RSI, or Relative Strength Index, is a technical indicator used to assess the strength and speed of an asset’s recent price movements. It operates on a scale from 0 to 100, where readings above 70 generally suggest an asset is overbought, and readings below 30 indicate oversold conditions.
When the RSI crosses above 70, it often warns that the asset could be due for a pause, consolidation, or minor correction as buying momentum overheats.
With Stellar’s RSI now at 71.5, XLM has officially entered overbought territory. This could mean that while bullish sentiment remains dominant, the price is increasingly vulnerable to pullbacks if momentum slows or traders begin locking in profits after the recent surge.
XLM Trend Momentum Builds as Buying Pressure Dominates
The Stellar Directional Movement Index (DMI) chart signals strengthening trend momentum. Its Average Directional Index (ADX) is currently at 37.41, up from 26.56 just two days ago.
This sharp increase in ADX suggests that the trend is gaining strength, confirming that market participants are firmly committed to the prevailing direction.
An ADX above 25 generally indicates the presence of a meaningful trend, and with XLM’s ADX now approaching 40, the uptrend is well-established and becoming increasingly powerful, attracting more attention from momentum traders and technical analysts.
The ADX, or Average Directional Index, measures the strength of a trend. It does not indicate the direction. It moves between 0 and 100. Readings below 20 show a weak or non-existent trend. Readings above 25 suggest a strong and sustainable trend is underway.
Along with the ADX, the DMI tracks two other important lines. The Positive Directional Indicator (+DI) measures upward pressure, while the negative directional indicator (-DI) measures downward pressure.
XLM’s +DI is now at 33.59. It was at 22.81 two days ago but is slightly down from a recent peak of 36.47. This shows some short-term volatility, even with strong overall buying pressure.
Meanwhile, the -DI has dropped sharply to 9.91 from 19.8 three days ago. This signals that selling pressure has weakened considerably.
Taken together, these movements confirm that XLM remains firmly in an uptrend. However, small fluctuations in +DI suggest that while bulls are still in control, the pace of buying could face brief pauses or small pullbacks as the rally matures.
Stellar Bullish Trend Intact, but Key Support at $0.279 Must Hold
Stellar’s Exponential Moving Averages (EMAs) are flashing strong bullish signals, with the short-term EMAs currently positioned above the long-term ones. This classic pattern reflects sustained upward momentum.
The next major resistance level sits around $0.30, a psychological barrier that could briefly slow XLM’s advance.
However, if Stellar manages to break decisively above $0.30, the path higher opens toward $0.349 and potentially $0.37, which would mark the first time XLM trades above $0.35 since March 2.
On the downside, the support level at $0.279 has become crucial for maintaining the bullish structure.
A successful retest of this support could serve as a healthy consolidation before another leg higher, but a clear loss of $0.279 could trigger a more meaningful correction.
If that happens, XLM price could slide toward the next major support at $0.258, and if selling pressure accelerates, deeper retracements toward $0.239 or even $0.20 are possible.
A crypto trader known as James Wynn has sparked widespread interest after reportedly earning over $46 million in profits within just two months on the decentralized exchange Hyperliquid.
Since March, he has bagged surprising profits by a series of high-leverage positions on Bitcoin and various meme coins, including PEPE, TRUMP, and Fartcoin.
Hyperliquid Trader Criticizes CEXs While Riding $46 Million Profit Wave
Since then, he has placed aggressive long positions with leverage ranging from 5x to 40x. Five of those positions remain open and are still generating significant unrealized gains.
Lookonchain reported that Wynn’s most lucrative position is a 10x long on meme coin PEPE, which has delivered approximately $23.8 million in unrealized profits. He also holds a 40x long on Bitcoin with about $5.4 million in paper gains.
Other notable trades include a 10x long on the Trump token, which netted $5.57 million. Another trade involves a 5x long on Fartcoin, which generated $5.15 million, and a 5x long on HYPE, which has yielded around $31,000.
His strategy and consistent performance have put him at the top of Hyperliquid’s trader leaderboard.
In the past 24 hours alone, he reportedly earned $11.4 million, further cementing him as one of the platform’s most successful traders.
Hyperliquid Top Traders List. Source: X/James Wynn
Hyperliquid User Base Continues to Grow Despite Controversy
Meanwhile, Wynn has gained attention not just for his profits. He has also become a vocal supporter of Hyperliquid and a harsh critic of centralized exchanges.
In public posts, he alleged that platforms like Bybit manipulate token listings for internal gain, suggesting they often introduce tokens to dump them on retail traders.
He stated he would reject a $1 million monthly offer to trade on Bybit, citing ethical concerns.
They want me to trade on ByBit, I won’t stop using HyperLiquid even if they offer me $1m a month.
Half the reason I’m shilling my trades publicly is because I want HL to dominate the exchange market share because other exchanges are corrupted.
Hyperliquid is designed for perpetual futures trading and delivers rapid on-chain execution. The platform lets users control their funds fully without intermediaries, making it an attractive choice for many day traders.
Due to this, the platform’s rise has been swift over the past year. According to DeFiLlama, Hyperliquid now commands over 60% of the decentralized perpetual market, up from 44% as of the end of 2024.
According to a recent technical study by CoinPedia, Dogecoin is in a bearish market trend right now. DOGE’s price has decreased by over 5% in the previous 24 hours alone following a loss of control over a vital support level. Given the generally unfavorable market attitude influencing the crypto industry, DOGE’s market view seems bleak, with a price of about $0.166.
Source: Tradingview
The trading volume of Dogecoin has also dropped sharply to its lowest point in 2025. This suggests that traders and investors are losing interest because it relies on speculative trading and lacks practical use. Should DOGE continue to fall below the $0.166 threshold, it may have a further decline of 18%, bringing it down to $0.136.
This drop implies that much of Dogecoin’s time in the public may be gone, so it becomes less appealing approaching April The sentiment of Dogecoin (DOGE) is declining as the crypto market moves into April 2025. Two more altcoins, Shiba Inu (SHIB) and Rexas Finance (RXS), are under praise as the finest crypto bets approaching April. For the following reasons, these two assets have been hailed as main prospects for us into April 2025.
Rexas Finance (RXS)
Rexas Finance (RXS) is positioned as a strong new participant in the cryptocurrency market, as many investors are still reeling from DOGE’s poor price action. Rexas Finance is transforming the idea of tokenizing real-world assets (RWAs), including real estate, commodities, and financial instruments, unlike Dogecoin, which is essentially motivated by speculation and meme culture.
Rexas has become somewhat popular and well-known by giving investors access to historically illiquid markets. With Rexas Finance’s tokenizing strategy, anyone can invest in highly valuable assets. With Rexas, for instance, an investor might have a fraction of a $10 million real estate property for just a few hundred dollars, therefore democratizing access to markets valued at trillions of dollars. Particularly in sectors like real estate, where tokenization may offer liquidity and flexibility, this creative approach to asset management has the ability to upend sectors.
Rexas Finance has reacted well in its presale since its September 2024 introduction. In Stage 12, the project’s token price reflects a 567% rise from $0.03 to $0.20. $47,582,031 has already been raised, and the presale is nearly 91% sold out. With around 50,000 active RXS holders, Rexas is surrounded by constant FOMO (Fear of Missing Out). Rexas Finance offers investors the chance to create passive income with its range of DeFi services, including staking, yield farming, and liquidity pooling.
While the Rexas Launchpad provides early-stage investment opportunities for high-potential entrepreneurs, the project’s Rexas Token Builder system lets users quickly build and manage blockchain assets. With an initial listing price of $0.25, Rexas will debut on elite exchanges in June 2025. After the listing, experts estimate a 20,000% price rise; hence, RXS is among the most promising cryptocurrencies to purchase before the presale concludes.
Shiba Inu (SHIB)
Conversely, Shiba Inu (SHIB) has also shown indications of a positive comeback. Following several months of falling price action, SHIB has broken free from its downward trend and is set for a 154% increase. From its intra-month low, SHIB has already demonstrated a robust rebound of 19%; analysts predict it may reach notable resistance levels in the not-too-distant future. The present price action points Shiba Inu toward a target resistance level of $0.0000328.
Analyzers predict more price rises toward $0.00003514 as SHIB keeps gathering strength, indicating the beginning of a new bull run. With many long-term holders showing increased activity, the 784.24 trillion SHIB tokens represent great investor confidence. Another element influencing the Shiba Inu ecosystem’s capacity for a breakout is its expansion.
Network activity on the coin has surged as support levels point to SHIB perhaps about to make major gains. While DOGE has a pessimistic view and is dropping volume, SHIB is gaining momentum, setting itself up for a significant price increase in 2025.
Conclusion: A Shift Away from Dogecoin
Rexas Finance and Shiba Inu are becoming more appealing substitutes as DOGE maintains a bearish attitude and its price stays around important support levels. While Shiba Inu shows indications of a bullish reversal that could result in significant price rises, Rexas Finance is revolutionizing crypto investment by tokenizing actual assets. Both of these altcoins show great growth potential as we enter April 2025; hence, they are top candidates for investors looking to diversify from Dogecoin and seize fresh prospects in the changing bitcoin market.
For more information about Rexas Finance (RXS) visit the links below:
The post Why Have These 2 Dogecoin (DOGE) Competitors Been Touted as the Best Cryptos to Own as We Enter April 2025? appeared first on Coinpedia Fintech News
According to a recent technical study by CoinPedia, Dogecoin is in a bearish market trend right now. DOGE’s price has decreased by over 5% in the previous 24 hours alone following a loss of control over a vital support level. Given the generally unfavorable market attitude influencing the crypto industry, DOGE’s market view seems bleak, …