XRP climbed 5.5% to $2.19 in the last 24 hours after a trio of catalysts converged to help the cryptocurrency outperform the wider cryptocurrency market.

One of the catalysts was launch of XRP micro futures on Robinhood. The contracts offer traders more flexibility to bet on the cryptocurrency’s future price direction or hedge current positions given their smaller size.

Regulatory fog also thinned. On Friday, Ripple withdrew its cross-appeal in its long-running U.S. Securities and Exchange Commission (SEC) lawsuit. The SEC sued Ripple back in 2020 over its XRP sales, alleging these violated securities laws. The SEC is expected to drop its own appeal, leaving last year’s ruling, ordering Ripple to pay a $125 million civil penalty to the SEC, intact. The move could lift a lid that had kept some investors on the sidelines.

On-chain data rounded out the bullish setup. The XRP Ledger logged over a 1.1 million active addresses over the past week according to crypto analyst Ali Martinez, who cited Glassnode data.

XRP’s rise saw it outperform the wider crypto market, with the broader CoinDesk 20 (CD20) index rising 1.7% in the last 24 hours.

A widely followed cryptocurrency analyst says Bitcoin (BTC) could ignite a rally like the one witnessed last cycle if history repeats itself.

The analyst, pseudonymously known as Kaleo, tells his 704,200 followers on the social media platform X that in 2020, Bitcoin sparked parabolic rallies to new all-time highs after the stock market had fully recovered from the COVID-19 crash and broke out to new record highs.

According to Kaleo, the S&P 500 stock index is “once again on the verge of breaking out to new all-time highs” following the correction that resulted from the imposition of tariffs on trade partners by the US.

“I believe we see history repeat itself, and as equities break out – Bitcoin does the same and significantly outperforms.”

As of Friday’s close, the S&P 500 is trading at 5,967 points, down by just about 3% from its record high of 6,147 points.

The pseudonymous analyst further says that, unlike in the previous cycles, Bitcoin is now attracting new sources of demand. According to Kaleo, this is a reason to “be more bullish” on the flagship crypto asset.

“This is the first cycle with spot Bitcoin exchange-traded funds (ETFs). Something we dreamed of in previous cycles, but never saw come to fruition. This allows potential investment of new capital into BTC at a rate we’ve never seen before.

Countries and corporations are starting to build BTC reserves. El Salvador, Tesla, Gamestop, and others are only the first dominoes to fall.

We finally have a pro-crypto president in the US pushing for pro-industry regulation.

The tech and infrastructure of the industry is also better than it’s ever been. [Decentralized Applications] DApps are more advanced, BTC is being used as a development layer, and the number of places that accept BTC as a form of payment is higher than it’s ever been before.”

Bitcoin is trading at $104,143 at time of writing, down by around 7% from the all-time high reached last month.

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The talk around an altcoin season has been on the lips of the members of the crypto community since the start of the year. However, most altcoins have been unable to sustain any meaningful bullish momentum over the past few months.

Interestingly, a market intelligence firm has come forward with the projection that these digital assets are set to outpace Bitcoin, the world’s largest cryptocurrency by market capitalization, in the coming months.

Is The Altseason Around The Corner?

In a June 14 post on the social media platform X, on-chain analytics platform Alphractal revealed that “something big” is about to happen with altcoins. This prediction is based on the Altcoin Dominance metric and its movement around a historically relevant support level.

Alphractal’s analysis examined two Altcoin Dominance metrics: one that excluded all stablecoins and another that excluded Ethereum and all stablecoins. Historically, the former has found strong support around 25%, a level that has often served as a springboard to major altcoin rallies.

Source: @Alphractal on X

As shown in the chart above, the Dominance metric fell to the 25% level before bouncing back to around 35% in 2020. Similarly, the metric declined to 24% before rallying to above 50% in 2021 — around the time of the last major altseason.

As of now, the Dominance metric is around 27.91% and could be facing a potential reversal as it approaches this crucial support. Hence, there is an increased likelihood for altcoins to witness major market moves over the next few months.

As for the Dominance metric — excluding ETH and stablecoins, the critical support stands around 18%. Breaching this support can be historically correlated to significant price movements that allowed altcoins to gain market share ahead of Bitcoin.

Source: @Alphractal on X

Ultimately, the movement of these Dominance metrics signals that the market could be on the verge of a wave of volatility in the coming days. Alphractal mentioned that many altcoins are likely going to outperform Bitcoin in the coming months, regardless of whether the premier cryptocurrency rises or falls.

The on-chain analytics firm concluded:

These levels don’t guarantee the start of an Altcoin Season, but they’ve proven to be meaningful signals with a strong historical probability of leading to major market moves.

Ethereum, The King Of Altcoins  

Ethereum still ranks as the second-largest cryptocurrency in the digital asset sector, with a market capitalization of over $302.2 billion. As of this writing, the ETH token is valued at around $2,504, reflecting a 1.6% price decline in the past 24 hours.

The price of ETH on the daily timeframe | Source: ETHUSDT chart on TradingView

Featured image from iStock, chart from TradingView

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Crypto Writer

Arslan Butt

Crypto Writer

Arslan Butt

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Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis…

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May 23, 2025

Solana (SOL) is at $176.40, with $4.86 billion in trading volume and $91.78 billion in market cap. While Ethereum and Bitcoin go up, Solana’s Layer 1 is quietly building momentum with new DeFi innovations and a good price structure.

Now the question is can SOL ride this wave and outperform its big brothers?

Jupiter Lend Drives Solana’s DeFi Growth

Jupiter, a major decentralized exchange aggregator on the Solana blockchain, has launched Jupiter Lend, a lending protocol announced during the Solana Accelerate conference.

Unlike traditional asset-collateralized platforms, Jupiter Lend has an 90% debt-to-asset ratio, allowing users to borrow more with less assets.

This is designed to attract both retail and institutional players looking for efficient capital management.

Features:

• One-click deposits and a “vault protocol” for easy borrowing
• Low fees of 0.1%
• Integration with Fluid, bringing Ethereum expertise to Solana’s ecosystem

Jupiter has about 95% of Solana’s DEX aggregator volume, so it’s a big player. After the launch, JUP surged 12%. Analysts think this will boost Solana’s transaction volume and its position in DeFi.

Kraken’s xStocks Expands Use Cases of Solana

Kraken has launched xStocks, tokenized versions of Apple, Tesla, Nvidia and other major global equities, all tradable on the Solana blockchain.

This is for international investors, especially in Europe, Asia and Latin America, to access US stocks through tokenized assets backed by real-world securities.

Advantages:

• 24/7 trading on a blockchain known for speed and low fees
• Real-world asset backing via partnerships with Backed Finance
• Liquidity options to redeem for cash or use as collateral in DeFi strategies

This puts Solana as a bridge between traditional finance and crypto, and attracts global traders looking for flexible, 24/7 access to both markets.

Solana Technical Analysis – Bullish Bias In Play

Solana price prediction remains bullish as on the 2-hour chart, SOL is consolidating in an ascending channel, making higher highs and higher lows—a sign of a strong uptrend.

The 50-period EMA at $175.42 and the trendline at $173.06 are strong buy zones. Candlestick patterns show spinning tops, meaning indecision, but the recent bullish engulfing candle means buying is back.

Technicals:

• Break above $181.57 and it’s $187.64 and $192.98
• MACD crossover could mean momentum turns bullish
• Risk management: pullbacks to $173.06 are buys with stops below $165.50

For new and experienced traders, this is a clear opportunity to ride Solana’s breakout if momentum aligns with ETH and BTC.

BTC Bull Token Nears $7.14M Cap as 71% Staking Yield Fuels FOMO

As the SOL/USD pair hovers near $176.40, attention is rapidly turning to high-upside altcoins — and BTC Bull Token ($BTCBULL) is stealing the spotlight. With $6.17 million raised out of its $7.14 million cap, momentum is accelerating as the next presale price jump closes in fast.

What sets BTCBULL apart is its unique rewards model — token holders receive Bitcoin airdrops directly tied to BTC’s price rallies. The higher Bitcoin climbs, the more BTC gets distributed — with presale buyers receiving priority rewards over post-launch DEX investors.

Key Stats:

• USDT Raised: $6,221,583.95 / $7,136,435
• Token Price: $0.002525
• Staking Pool: 1.47B BTCBULL
• Yield: ~71% APY

Built-in scarcity adds even more firepower: every time Bitcoin rises by $50K, BTC Bull triggers a token burn, reducing supply and increasing upside potential for long-term holders.

Meanwhile, staking is turning heads. BTCBULL offers a whopping ~71% APY on its Ethereum-based staking pool (currently holding 1.47B BTCBULL), with no lockups or withdrawal fees. That means passive yield — with full liquidity.

• The Chainlink price has dipped to $12.39 amid low network activity and whale selling.
• CartelFi turns meme coins into yield assets with high APYs and deflationary burns.
• CartelFi’s presale offers early investors up to 300% gains.

Chainlink price has been under significant pressure recently, with a notable decline over the past three weeks.

This downturn has raised questions about the future of LINK and whether it can recover.

Meanwhile, a new player in the decentralised finance (DeFi) space, CartelFi, is gaining attention with its innovative approach to meme coins and yield generation.

Chainlink price prediction

Chainlink has experienced a sharp decline in its price, dropping to $12.42 as of April 17, 2025.

This represents a 9.1% decrease in the past month and a significant fall from its December peak of $30.86.

The downturn has been accompanied by a dramatic drop in active addresses, which have fallen from 9,400 in February to just 3,200 recently, according to CryptoQuant data.

This 66% decline in network activity suggests waning user engagement.

Adding to the bearish sentiment, whale selling activity has spiked with Santiment’s data revealing that addresses holding between 10 million and 100 million LINK tokens have reduced their holdings by 1.88% since February, indicating a lack of confidence among large holders.

This selling pressure, combined with the decrease in active addresses, has created a challenging environment for Chainlink.

However, historical chart patterns suggest that Chainlink could be poised for a recovery.

The token has shown resilience in the past, bouncing back from similar dips. Currently, LINK is trading near a critical support level of $12.00.

If it holds above this level, it could signal a potential reversal.

Technical indicators, such as the Chaikin Money Flow (CMF), also hint at a possible easing of selling pressure, which could pave the way for a price recovery.

Moreover, a falling wedge pattern on the daily chart indicates a potential bullish reversal if LINK can break above the upper trendline with increased trading volume.

If this pattern is validated, Chainlink could target a 24% increase to $15.17.

However, the Relative Strength Index (RSI) remains in a downtrend, suggesting that bears still have control.

A drop below $12.00 could lead to further declines, potentially testing the $10.00 support level.

Is CartelFi a better alternative?

Amid Chainlink’s price uncertainty, CartelFi presents a compelling alternative for investors seeking high-growth opportunities in the DeFi space.

Unlike Chainlink, which focuses on providing decentralised oracle services, CartelFi aims to revolutionise the meme coin market by turning idle meme assets into yield-bearing instruments.

This innovative approach addresses a significant gap in the crypto market, where meme coins have traditionally been seen as speculative assets with limited utility.

CartelFi’s mission is to transform meme coins into productive capital assets that generate yield for their holders.

Through specialised liquidity pools tailored for meme tokens, CartelFi enables investors to earn high annual percentage yields (APYs) while retaining exposure to the potential upside of their meme coin investments.

This dual benefit of yield generation and capital appreciation makes CartelFi a unique and attractive proposition.

Additionally, CartelFi is currently in its presale phase, offering early investors the opportunity to purchase CARTFI tokens at a discounted price.

The presale is structured in 30 stages, with each stage seeing a 5% price increase.

This tiered pricing model allows early adopters to potentially realise significant gains by the time the token is launched.

For instance, buyers entering the presale now could see gains of more than 200% by the launch date.

While Chainlink faces significant challenges with its current price dip and declining network activity, CartelFi offers a fresh and innovative alternative.

With its focus on turning meme coins into yield-generating assets and a promising presale opportunity, CartelFi has the potential to outperform LINK in the coming months.

Investors looking for high-growth opportunities in the DeFi space should consider CartelFi as a strong contender.

This article is a collaboration between our Editors and our Partners, and it may contain sponsored advertising content and links. The content is not intended as financial advice and is for informational purposes only.

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As traditional gold markets heat up, crypto investors are following suit—flocking to tokenized versions of the precious metal that offer both price exposure and digital flexibility.

Gold-backed cryptocurrencies like Paxos Gold (PAXG) and Tether Gold (XAUT) have risen 24.15% and 23.7% respectively year-to-date to new all-time highs above $3,300, roughly matching the performance of spot gold. Their prices have since receded slightly to $3,265 and $3,244, respectively.

While gold-backed cryptocurrencies surged so far this year, the wider cryptocurrency market has been in a downtrend. Bitcoin (BTC) has lost more than 11% of its value so far this year, while the wider crypto market has fallen by a little over 30%, based on the CoinDesk 20 (CD20) index.

The tokens, which are backed by physical gold and track its price, experienced a surge in value as investors sought refuge from the uncertainty induced by the escalating U.S.-China trade war.

The move echoes a broader return to gold as a safe-haven asset. Inflows into gold ETFs hit 226.5 tonnes in the first quarter of 2025, the highest level since early 2022, according to data from the World Gold Council. Nearly 60% of that demand came from North America.

Similarly, gold-backed cryptocurrencies saw net token minting of over $42.7 million in the first quarter of the year, according to data from RWA.xyz, helping along with gold’s price appreciation raise their total market capitalization near $1.4 billion.

Some analysts predict that major cryptocurrencies like Ethereum and XRP might soon hit impressive new price points. Yet, whispers in the market suggest a new altcoin could outperform them both. Is there a rising star poised to take the lead in the crypto arena? Delve into the details to uncover this potential game-changer.

Price Prediction for XYZVerse ($XYZ): Is a 30x Jump Possible?

XYZVerse has entered the meme coin market at a time when community-driven tokens continue to dominate speculative trading. The rise of meme coins like PEPE, Dogwifhat, and Bonk proves that strong branding, viral marketing, and community engagement can drive massive gains.

The broader market sentiment also plays a key role in XYZVerse’s potential. As the altcoin season is about to start, lower-cap meme coins are seeing increased investor interest. Given that XYZVerse is still in presale, it could benefit from this wave if it secures strategic exchange listings and maintains community hype post-launch.

Key Strengths of XYZVerse in the Current Market:

• Strong branding with sports and influencer partnerships, broadening its appeal
• Deflationary mechanics (17.13% token burn) to reduce supply pressure
• Liquidity allocation (15%) to support stability after launch
• Community incentives (10%) fostering engagement and holding

Price Prediction for $XYZ

• Current Presale Price: $0.003333
• Projected Post-Presale Target: $0.10 (as per project’s estimates)
• Potential ATH (First 1-2 Weeks Post-Launch): $0.15 – $0.25 (if demand surges and listings drive FOMO)
• Long-Term Potential (6-12 Months): $0.20 – $0.40 (if the project secures major partnerships and listings)

Buy $XYZ Early to Increase Its Profit Potential

Realistic Expectations: Will XYZ Hit $0.10?

A 30x jump from presale to $0.10 is possible but depends on:

• Strong Exchange Listings – If XYZVerse lands on major CEX platforms like KuCoin, OKX, or Binance, its price could skyrocket on launch day.
• Sustained Community Growth – Meme coins need viral momentum. If XYZVerse delivers on its sports influencer partnerships, it could drive massive social media engagement.
• Market Conditions – If Bitcoin and altcoins remain bullish, speculation-driven assets like XYZVerse tend to benefit.

Is a 3000% Surge Possible for $XYZ?

XYZVerse has the ingredients for a strong launch, but its long-term success depends on execution. If the team delivers strong marketing, high-profile listings, and real community engagement, the $0.10+ target, which is around 3000% from the current price, could be achievable.

Invest in $XYZ Before It Surges

Ethereum’s Big Leap: Why ETH Could Shine in the Coming Years

Ethereum is more than just another cryptocurrency; it’s a trailblazer in the blockchain world. Created by Vitalik Buterin in 2013 and launched in 2015, Ethereum introduced smart contracts and a vast ecosystem of decentralized applications (dApps). Its shift to Proof-of-Stake in 2022, known as “The Merge,” made transactions faster and more energy-efficient. With plans to implement sharding soon, Ethereum aims to boost scalability and reduce costs even further. Ether (ETH), the native token, is at the heart of this system, powering transactions, rewarding participants, and serving as a valuable asset.

Looking ahead, Ethereum seems poised for growth. Predictions based on its past price movements and Bitcoin’s halving cycles suggest that ETH could reach as high as $6,580.53 next year, with a low estimate of $2,700.31 in 2025. Compared to other cryptocurrencies, Ethereum’s extensive network of dApps and Layer 2 solutions like Arbitrum and Polygon give it a competitive edge. These technologies make transactions more efficient and open doors to decentralized finance opportunities. While the crypto market can be unpredictable, Ethereum’s ongoing developments and commitment to innovation make it an exciting project to watch in the current market cycle.

XRP: The Ripple Effect in Global Payments

Imagine sending money anywhere in the world instantly and at a tiny cost. That’s the promise of XRP, a digital currency running on the XRP Ledger. Created by Jed McCaleb, Arthur Britto, and David Schwartz, XRP is designed to be fast, open, and borderless. It doesn’t rely on banks or central authorities, making transactions secure and irreversible. With a total supply of 100 billion coins, 80 billion were gifted to Ripple to help develop the ecosystem. Ripple uses XRP to boost network liquidity and support seamless currency transfers.

In the current market, XRP stands out with its focus on quick and affordable global payments. Unlike some cryptocurrencies that can be slow and expensive to use, XRP offers speed and low fees. Ripple’s decision to place 55 billion XRP in escrow helps control the supply, aiming for stability. As more people look for efficient ways to move money without borders, XRP’s technology shows great potential. Compared to other coins, its dedicated purpose for easy payment transfers makes it attractive. For those watching market trends, XRP might be a coin worth considering.

Conclusion

While ETH and XRP are promising, XYZVerse (XYZ) aims to outshine them by uniting football, basketball, MMA, and esports fans in a memecoin targeting 20,000% growth.

You can find more information about XYZVerse (XYZ) here:

https://xyzverse.io/, https://t.me/xyzverse, https://x.com/xyz_verse

Standard Chartered has initiated coverage on Avalanche (AVAX) with a bullish long-term outlook, forecasting a 10x price increase by 2029.

The move follows growing momentum in the digital asset space as market participants begin reassessing winners in the wake of macroeconomic uncertainty and shifting technology fundamentals.

In a note shared with CryptoSlate on April 2, the bank’s head of digital assets, Geoffrey Kendrick, described Avalanche as “the winner in EVM chains,” emphasizing its strong scalability roadmap and rising developer adoption, especially following Ethereum’s (ETH) latest upgrade.

Kendrick wrote:

“One positive of the tariff noise is that it gives us a chance to re-set and pick winners for the next upswing in Digital Asset prices. I think Bitcoin is one winner… I think Avalanche will be another.”

Etna upgrade

Avalanche, a smart contract platform built with Ethereum-compatible tooling, has long positioned itself as a high-speed alternative to Ethereum (ETH).

According to Kendrick, the network’s unique architecture, built around customizable subnets, has gained new relevance after the Etna upgrade in December 2024.

The Etna upgrade removed the requirement for AVAX staking when establishing subnets, effectively reducing the cost and complexity of launching on Avalanche.

Kendrick highlighted that early signs of success are already visible: approximately one-quarter of all subnets are now EVM-compatible, and several developers have already migrated from Ethereum’s Layer-2 ecosystem to Avalanche.

“This scaling solution received a significant boost. We expect improved scalability to drive activity and value to the Avalanche network.”

The research also cited Avalanche’s modular framework and active ecosystem growth as supporting factors for long-term price appreciation.

AVAX projected to outpace BTC and ETH

Standard Chartered’s price targets show AVAX climbing from its current price of around $35 to $120 by the end of 2025, $207 in 2026, $269 in 2027, and ultimately reaching $350 by 2030.

Such a trajectory implies a 10x return over the next five years, outpacing the firm’s projected gains for Bitcoin and Ethereum.

Bitcoin (BTC) is expected to rise from its current range to $200,000 by 2025 and $250,000 by 2030. Meanwhile, the firm’s Ethereum’s forecast is more muted, with ETH/USD targets set at $4,000 in 2025 and $8,000 by 2030.

Kendrick previously flagged structural concerns with Ethereum in a separate note titled “Midlife Crisis,” expressing skepticism about its long-term competitiveness amid rising Layer 1 alternatives and ecosystem fragmentation.

In contrast, Avalanche’s streamlined scaling approach, fast finality, and growing traction among developers make it a prime beneficiary of Ethereum’s congestion and cost issues.

Kendrick wrote:

“I like the scalability solution AVAX offers, especially post-Etna upgrade.”

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