The Ripple Network (XRP) experienced a remarkable surge in adoption rate on July 8, causing the total transaction count recorded on that day to reach levels last seen in February. This increase in user demand on the network also triggered a rally in XRP’s trading activity, with the altcoin’s daily
The Chicago Board Options Exchange (CBOE) has submitted form 19b-4s to the United States Securities and Exchange Commission (SEC) for the approval of Solana exchange-traded funds (ETFs). This move marks a crucial step towards the potential listing of Solana ETFs on regulated exchanges, opening up new investment opportunities for institutional
Cardano (ADA) has been grappling with the aftermath of a bearish onslaught over the past few weeks, resulting in its price continually setting new lows. Currently, ADA is trading at $0.3633, having lost 5.50% of its value over the past day and a substantial 22.1% over the past month. Despite
Despite concluding the previous week on a positive note, the cryptocurrency market has taken a bearish turn as the second week of July unfolds. The market leader, Bitcoin, has experienced a significant pullback, hovering close to the $56,000 range, while Solana (SOL) has mirrored this price action, recording a notable
In the last day, Ripple’s XRP has seen substantial whale activity. As Ripple and the US SEC near the end of their legal fight, these movements have occurred at a crucial juncture. It also leads the community to believe that the XRP whales will be active again. A whale reportedly
The Chang hard fork is an update that many are looking forward to, and Cardano is getting ready for it. It is scheduled to happen at the end of July. Given the remarkable price surge that followed Cardano’s last hard fork in 2021, this move has aroused a great deal
The price of Solana is showing signs of a possible long-term negative trend, which may lead to a substantial decline in the next few days. Even if the current FUD (Fear, Uncertainty, and Doubt) trade seems to have ended, the token might be in a crucial position if the negative
Over the last month, Bitcoin has maintained its downward trajectory. Bitcoin fell to $53,485—its lowest point in four months—a decline of 8.55%. The collapse and selling pressure are linked to the Bitcoin repayments made to creditors by the now-defunct cryptocurrency exchange Mt. Gox. While the week started with a price
Solana’s price is currently exhibiting the potential for an extended bearish trend, which could result in a decline of more than 8% in the upcoming days. While the recent FUD (Fear, Uncertainty, and Doubt) trade appears to have played out, a prolonged bearish phase may place the token in a
XRP, the native cryptocurrency of the XRP Ledger (XRPL), has experienced a rollercoaster ride since reaching its all-time high (ATH) of $3.40 in January 2018. According to an analysis by crypto researcher Bitcoin Ape, Ripple is currently trading approximately 86% below its peak. Despite this downturn, XRP has managed to
