XRP could hit new highs in May, but these two altcoins might surge 200% sooner
⢠While XRP shows promising gains, potentially reaching new highs in May due to factors like SEC-approved futures ETFs, altcoins SUI and Remittix exhibit even stronger momentum.
⢠SUI's speed, scalability, and developer-friendly platform have driven a 48% increase in the last 30 days, attracting significant attention in the DeFi and gaming sectors.
⢠Remittix, targeting the $250 trillion global remittance market, offers a faster, simpler, and cheaper cross-border payment system via its PayFi protocol, with its presale already exceeding $14.6 million.
⢠Although XRP's future looks bright, SUI and Remittix's innovative technologies and strong market traction suggest they could experience even more substantial growth in the future.
Top 5 AI Agent Crypto Coins Set to Explode in 2025
1. NEAR Protocol $NEAR NEAR Protocol is a layer-1 blockchain platform designed for scalability and user-friendliness. It aims to provide a foundation for developers to build decentralized applications (dApps), including those powered by AI. NEAR's infrastructure supports advanced AI development by offering a robust and scalable platform for hosting AI-powered dApps. Key features of NEAR Protocol include sharding, a technique that improves transaction processing efficiency, and a focus on developer tools and usability.
2. Bittensor $TAO
Bittensor is a decentralized AI marketplace that fosters a collaborative environment for developing and sharing machine learning models. The platform incentivizes contributions to the network by rewarding participants with TAO tokens. These tokens also play a crucial role in governing the Bittensor network.
3. Internet Computer $ICP Internet Computer is a blockchain project that aims to extend the functionality of the internet. It provides a platform for hosting AI applications and facilitates on-chain data sharing and data processing for advanced AI algorithms. Internet Computer focuses on scalability, smart contracts, and decentralized AI web services.
4. Render Token Render is a decentralized GPU rendering network that provides the computational power needed for AI applications, particularly those that involve graphics, machine learning, and complex calculations. By democratizing access to rendering power, Render enables developers and researchers to build and train advanced AI models more efficiently.
5. The Artificial Superintelligence Alliance It is a collective of projects focused on developing decentralized AI. The alliance aims to foster collaboration and innovation in the AI space, promoting the responsible development and deployment of advanced AI technologies.
⢠Bitcoin (BTC) Options: Contracts worth approximately $2.59 billion expired. The put/call ratio for this expiration is reported at 1.01. The calculated max pain price for this batch is $91,000.
⢠Ethereum (ETH) Options: Simultaneously, around $339 million worth of ETH options contracts also matured. The put/call ratio here stands at 0.92, with a max pain price set at $1,800.
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RWA platform Swarm Markets to release NFT-tokenized gold
The EUâs Markets in Crypto-Assets Regulation (MiCA) stablecoin rules are scheduled to take effect in just over one week. However, Berlin-based RWA tokenization platform Swarm Markets has identified a potential solution by issuing a gold-backed NFT as an asset-backed token. Swarm Markets intends to enable individuals to acquire NFTs, which represent tangible gold ownership. There will be a London-based Brinkâs vault where the gold bars that support the tokenized assets will be stored. Swarmâs decentralized over-the-counter (dOTC) platform will enable users to exchange NFTs on a peer-to-peer basis. This is following a know-your-customer (KYC) formality, along with an anti-money laundering (AML) procedure. Timo Lehes, the co-founder of Swarm, has stated that the overexposure of the encouraging market scenario has resulted in a lack of genuine attention paid to inventiveness in the context of NFTs. He believes that the majority of individuals have a tendency to identify NFTs by examining JPEGs that were being sold for substantial amounts of money, despite the fact that they were capable of generating a significant volume of physical assets for the blockchain industry. NFTs provide unparalleled clarity to token owners, allowing users to connect and benefit from DeFiâs supportive nature. This is all in line with the value and liquidity inherent in TradeFi. Swarm has plans to expand the asset space on the chain, with tokenized gold being the first step on its path to commodities. There are added benefits to be received from Swarm with regards to base metals and carbon credits, while the space remains uncertified. Swarm takes credit for having more than $14.6 million in terms of total value locked (TVL). In addition to gold, the platform also offers tokenized public company stocks and US Treasury stocks. The EU initially passed MiCA somewhere in the middle of last year to regulate the online asset space and do away with its connected money laundering aspect.
DWF Labs Deposits 24 Million JASMY Tokens to Binance
In a move that got attention in the market, DWF Labs has deposited approximately 24 million JASMY tokens to the leading exchange Binance. This was highlighted by SpotOnChain, a renowned platform for on-chain analytics, on social media platform X. According to SpotOnChain, the deposited JASMY tokens equate to a value of $731,000. Notably, DWF Labs has been operating under a one-year market-making contract for JasmyCoin, which is set to expire in August.