Is it time to go all in? The season for pseudo-ETFs is coming, will XRP surge? Recently, it has been widely circulated online that 'the U.S. SEC has approved the XRP spot ETF,' leading to a temporary 5% rise in XRP prices, which quickly fell back as people realized the mistake. What are the three new XRP ETFs? These ETFs do not directly buy XRP but rather bet on futures price fluctuations. ProShares is set to launch on April 30.
2x Long Futures ETF, 1x Short Futures ETF, 2x Short Futures ETF
Current status of XRP ETFs: The U.S. already has 4 XRP ETFs, all of which are futures, with no spot ETF. On April 25, the XRP spot ETF was listed in Brazil, and on May 19, XRP futures went live on the Chicago exchange, possibly paving the way for a spot ETF. So when will the SEC approve the spot ETF? Companies like Grayscale are applying, but the SEC has not yet given any indication. Currently, the season for pseudo-ETFs is approaching, with over 70 ETF applications, and everyone is betting that the new SEC chairman will approve them. XRP, Sol, and LTC are the next focus, while Doge, Bonk, and PENGU are also joining in the ETF hype, likely to end up hurting retail investors. XRP market cap: $134.5 billion, SOL market cap: $76.9 billion. If all get approved for ETFs, considering market cap and ecological advantages, SOL's future growth potential may be greater.
According to Intotheblock data, the correlation between Cardano and Bitcoin reached 0.87 over the past 30 days. As BTC attempts to break through $95,000, ADA's price is expected to rise accordingly. Since U.S. President announced the buying opportunity on April 9, Cardano's futures open interest has increased from 603 million to 802 million.
Technical analysis shows that ADA's price follows a fractal pattern similar to Dogecoin in 2017, and is expected to surge in the second quarter. Recently, ADA has formed a symmetrical descending channel, and if it remains above 74 cents, it may bounce back to 88 cents.
BERA
Currently, BERA's on-chain performance seems significantly undervalued, especially compared to similar projects that launched in the past at higher valuations.
It is worth noting that BERA has raised over $140 million, and there will still be native token releases in the future, which may bring some dilution effect. However, its vesting schedule is relatively reasonable, with major unlocks occurring gradually after February 2026, providing a buffer period for the market. Those who missed SUI can consider BERA.
1INCH
1inch Network (1INCH) has integrated with Trezor hardware wallets, allowing users to use 1inch Swap directly in the Trezor Suite. This collaboration combines 1inch's DEX aggregation technology with Trezor's hardware-level security, enabling users to enjoy higher swap rates while ensuring fund safety and mitigating blockchain risks.
This integration also brings zero gas fees and a mechanism to prevent MEV attacks. MEV attacks refer to bots manipulating transactions for profit, harming user interests. The new security measures aim to mitigate such risks and ensure smooth and efficient transactions. 1inch technology finds the optimal price for users by comparing rates across multiple DEXs, processing thousands of transaction options in real-time, saving costs and reducing price slippage.
HBAR
Hedera Hashgraph is a decentralized platform that uses hashgraph technology, distinguishing it from traditional blockchains, allowing for quick and low-cost transaction processing. Its native token HBAR is used for transactions, staking, and accessing decentralized applications. Hedera stands out with low transaction fees and high speed, supported by global corporations, providing scalable solutions for Web3 development. Despite the investment risks of HBAR, it shows steady performance.
Currently, the price of HBAR is $0.1926, up 4.82% in 24 hours, and up 13.04% over the week. Price fluctuations are between $0.18551 and $0.1944, showing good growth momentum, outperforming 81% of the top 100 cryptocurrencies in the past year, demonstrating its enhanced resilience and investor appeal.
