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It is Extremely Rare to Hold Over 10,000 XRP Nowadays: Alpha Lion Academy Founder A prominent XRP community commentator and founder of Alpha Lion Academy has pointed out that it is extremely rare to see holders of 10,000 XRP, identifying an accumulation opportunity. XRP has maintained relevance in the crypto ecosystem since its launch over a year ago. Expectedly, the asset has attracted millions of investors, with total wallets soaring to 6.42 million at press time. Data confirms that, with this latest figure, XRP has welcomed over 610,000 addresses this year alone. However, most of these wallets are not holding substantial amounts of the token. Edoardo Farina, who serves as the CEO of Alpha Lions Academy, called attention to this reality in a recent disclosure. Interestingly, the pundit’s disclosure identified an opportunity for those on the sidelines to deepen their reach in the market. Only 4.67% of XRP Wallets Hold 10,000 XRP According to Farina, it is “extremely rare” to see investors who hold more than 10,000 XRP tokens. Interestingly, on-chain data confirms this comment from the community pundit. Specifically, data from the community-driven Rich List shows that XRP wallets with 10,000 XRP and more only amount to 300,119.
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Crypto: How Ripple And Hidden Road Could Reshape Tomorrow’s Financial Landscape Ripple is preparing a major move. With the acquisition of the broker Hidden Road for $1.25 billion, the crypto company is not just strengthening its arsenal. According to lawyer John Deaton, Ripple aims much higher: capturing a share of an institutional market estimated at $16 trillion. Behind this discreet operation lies a gigantic ambition: to become one of the pillars of the finance of tomorrow. In Brief Ripple acquires Hidden Road for $1.25 billion and reveals ambitions far beyond traditional payments. Hidden Road handles over $3 trillion in annual transactions for 300 institutional clients. John Deaton states that this acquisition marks Ripple’s discreet entry into the $16 trillion institutional market. Ripple’s goal is to become a major player in the tokenization of assets such as stocks, bonds, and real estate. A major offensive on cross-border payments Ripple has officially completed the acquisition of Hidden Road, a leading broker, for $1.25 billion, which sparked strong interest in the crypto ecosystem. Indeed, Hidden Road processes over $3 trillion in annual transactions for more than 300 institutional clients.
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Futures-Based XRP ETF Could Launch Next Week Pending any regulatory objections, a futures-based XRP ETF offered by ProShares could launch as early as next week As reported by U.Today, ProShares revealed that it had picked April 30 as its target date for the launch of the product earlier this month. The firm has likely received the green light to proceed with the launch on the aforementioned date given that there was no formal objection from the SEC during the review period. It is important to note that such ETFs don't get the same stamp of approval from the SEC as spot products do. They only go into effect if the agency doesn't object within a certain time period after filing. The filing shows that no immediate effectiveness upon filing was selected, with April 30, 2025, chosen for the effective date. The Trust’s principal executive offices are located in Bethesda, Maryland, with ProShare Advisors LLC serving as the investment advisor. Richard Morris of ProShare Advisors is listed as the agent for service, supported by legal counsel from Dechert LLP in New York. This launch is a strategic move for ProShares Trust into the digital assets sector, which lines up with the firm's efforts to offer investment products tied to cryptocurrencies. The funds are structured under a mutual fund framework and are registered in compliance with both the Securities Act and the Investment Company Act. ,
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Ethereum community members propose new fee structure for the app layer The Ethereum app layer fee proposal is the latest in a slew of developer suggestions to overhaul the economics of the Ethereum network. Two Ethereum community members, Kevin Owocki and Devansh Mehta, proposed a dynamic fee structure for the Ethereum application layer to strike a balance between revenue generation for app builders and fairness in fee extraction. The April 27 proposal outlined a simple equation that uses a square root function that proportionally lowers the percentage of fees as the funding capital allocated to a particular project grows. Owocki and Mehta explained: "For smaller funding amounts, the fee follows a square root function (sqrt(1000 x N)), providing proportionally higher returns to make building mechanisms for smaller pools worthwhile. For example, if the funding pool is $170,000, then the root of 1000 x 170,000 equals $13,038.4 or 7% is taken as overhead." The authors of the proposal added that fees would be capped at 1% once a particular application's funding pool crossed the $10 million level, ensuring that small app builders can develop decentralized applications without excess fees while also encouraging project and funding growth by capping fees as developers scale their applications.
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Is XRP the New Digital Gold? Ripple Insider Offers Bullish Insights as Trump Sparks $3 Trillion Crypto Rally XRP price holds $2.20 as Trump fuels $3 trillion crypto rally; fees burned on XRP Ledger jumps 38%, Ripple insider offers on-chain insights. Highlights XRP price holds firmly above $2.20 amid renewed optimism sparked by Trump’s call for rate cuts and tariff rollbacks. XRP Ledger fees burned rose 38% week-on-week, signaling increased network usage and growing application-layer adoption. Ripple insider highlights XRP’s role as blockchain’s liquidity infrastructure, not a store of value like Bitcoin or gold. XRP price broke above the $2.20 mark on Saturday April 26 as Trump’s recent calls for rate cuts and tariff reviews propelled global crypto market cap above the $3 trillion mark. Ripple insider weighs-in on XRP’s digital Gold prospects, as the fees burned on XRP surge 38% amiid the market recovery. Ripple (XRP) Holds $2.20 Support as Crypto Market Cap Crosses $3 Trillion XRP price broke decisively above the $2.20 threshold on Saturday, April 26, fuelled by widespread bullish sentiment following Trump’s aggressive calls for rate cut as softening stance on tariffs triggered a risk-on wave across global financial markets, driving the crypto market capitalisation to an all-time high above $3 trillion.
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