XRP ETF got approved but the price barely moved. It only went up around 2%. Many people are asking why. Let me explain.
$XRP has been trading around $2 for a long time. During the recent market dump, XRP didn’t fall much. A lot of buyers are already holding XRP in this range and they’re not willing to chase it more.
For the price to move higher, the market needs new money and more liquidity. Right now, there isn’t enough fresh money coming in. An ETF approval is good news, but it alone cannot pump the price without new buyers.
The XRP chart still looksfine as holding its support zone well. Maybe we will see it does something when new week starts or the ETF starts. But so far XRP is lacking volume for the last few days.
the beginning of my acquaintance with binance was through the hamster combat game, learning to buy and sell crypto while playing the pengu game, and now I am learning about investments that have made me pursue it until now
Binance to Suspended deposit and withdrawal for BNB Smart Chain temporarily on April 17
Binance users will not be able to make deposits and withdrawals on the BNB Smart Chain as it will be suspended temporarily while the platform carries out wallet maintenance. According to a recent announcement, the major cryptoexchange plans to perform wallet maintenance on the BNB (BNB) Smart Chain starting from April 17 at 06:00 UTC. As a result, the network will be down temporarily as repairs are being made. This means that users will not be able to make deposits and withdrawals for the BNB Smart Chain for the time being. The temporarily suspension will take place five minutes before wallet maintenance is set to begin. Therefore, deposits and withdrawals for BNB Smart Chain will be paused on April 17 at 05:55 UTC. However, Binance claimed that users will still be able to trade BNB tokens while the wallet maintenance is taking place, as token trading will not be impacted by the network suspension. Based on information in the notice, wallet maintenance is expected to take about an hour to complete. Though, this is not a guarantee that the suspension will be lifted after an hour. Binance stated that deposits and withdrawals will resume once the network is deemed stable enough. Chart showcasing Binance’s BNB Smart Chain network’s TVL progression throughout 2025 so far, April 15, 2025 | Source: DeFi Llama You might also like: OM 90% price crash: Binance and OKX responds to OM crash BEP-20 is the standard for tokens deployed on the BNB Smart Chain, formerly known as Binance Smart Chain. It is designed to be compatible with the common ERC-20 tokens on Ethereum (ETH). Launched in September 2020, BEP-20 represents various crypto assets that reside on the BNB Smart Chain and is used for all smart contracts. According to data on DeFi Llama, BSC has a total value locked that stands at $5.14 billion and 1.25 million active addresses on-chain. In the past 24 hours, the network has accumulated $613,348 in chain fees and $667 million in DEXs volume. BNB Smart Chain is home to more than 1,500 decentralized apps or dApps, with a focus on DeFi protocols. A large number of these protocols are related to decentralized exchanges. The network also sees activity from an additional 1,000 projects across other sectors. $BNB
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Day 6 #GuesstheToken 🎉 December Monthly Challenge with Binance Square!
Guess the token name based on the keywords and chart provided in the image below. Solve and answer in the COMMENT column of this post! 🕵️
Answer Format: Token Name [Space] hashtag #GuesstheToken Example: XXXXX #GuesstheToken
🏆The top 50 players with the highest scores will share a total Prize of 300 USDT! 🏆Top 1 - 5 will get a special bonus in the form of a reward of 20 USDT each + Binance Merchandise
Terms and Conditions Apply: https://www.binance.com/id/square/post/17143382072673
Test your knowledge and comment on your answer now! 😎 #ClueandChartChallenge
[INFO: Answer #GuesstheToken Day 5 is TONCOIN (TON)]