Trump has finally decided to pump the market. He posted some interesting information on his Truth Social account.
President Trump announces strategic reserve of cryptocurrencies including XRP, SOL and ADA.
“ The U.S. Cryptocurrency Reserve will take this critical industry to the next level after years of corruption under the Biden administration. That’s why my Executive Order on Digital Assets tasked the Presidential Task Force to create a Strategic Cryptocurrency Reserve that will include XRP, SOL, and ADA. I will ensure that the U.S. becomes the crypto capital of the world. We will Make America Great Again! ”
🔵 Cardano founder Charles Hoskinson said he didn't know President Trump would include $ADA in his proposed crypto reserve until the day it was announced.
🔸 If the ADA price exceeds $0.98, the amount of liquidations on Cardano short positions could exceed $50 million.
Friends, if you're feeling down because of a dip in your portfolio, keep in mind — Trump is also sitting in the red.
Trump’s portfolio is currently down by $124 million!
He’s riding out this drawdown right alongside us. This man clearly didn’t pick his coins randomly — I believe he knows very well that there’s light at the end of the tunnel and the long-awaited altcoin rally is coming.
Ripple’s XRP has been in the spotlight lately as XRP price predictions heat up and market sentiment leans bullish despite the recent pullback. Here are the top 3 reasons why now might be the perfect time to consider buying XRP.
1. XRP Price Near Key Support With a Bullish Prediction Toward $3
The current XRP price is trading around $2.28, holding just above a strong support level at $2.25. This level has historically served as a bounce zone, and bulls appear to be watching it closely.
XRP price predictions from analysts and crypto traders remain optimistic, with many projecting a rebound toward the $2.80–$3.00 range in the coming weeks. If XRP breaks above the psychological resistance at $2.30, a rally toward the $3 mark becomes increasingly likely.
This presents an attractive risk-reward setup for traders who believe in XRP’s long-term fundamentals and short-term recovery.
2. Ripple's Expanding Global Use Case and Utility in Cross-Border Payments
Beyond the charts, XRP news continues to highlight Ripple’s expanding partnerships and use cases, especially in the cross-border payment sector. Ripple's collaboration with financial institutions across Asia, Latin America, and the Middle East supports ongoing demand for XRP as a bridge currency.
Recent XRP news reports also confirm that Ripple is deepening its foothold in institutional finance. This means potential adoption-driven demand could fuel a sustained increase in XRP price over time, making today’s low-$2 range an attractive entry point.
3. Oversold RSI and Institutional Attention Signal a Potential Bounce
Institutional attention is quietly returning to XRP as the Relative Strength Index (RSI) dips toward oversold territory. Currently, XRP’s RSI is around 33.51 on the 2-hour chart, signaling that the asset is nearing a technical bounce zone.
Traders looking for short-term gains are closely watching this level, with many positioning for a move back above the 50-day SMA near $2.37.
📊 Bitcoin Short Positions Increase as Market Sentiment Shifts to Fear
Bitcoin recently broke above the $111,000 mark, setting a new all-time high. However, data across major exchanges suggests that traders are growing increasingly wary of a sustained rally.
Bitcoin positions are currently short, meaning a majority of traders are betting on a price drop. By contrast, just 47.43% of active positions are long.
🔸 Most Traders Turn Bearish Despite Bitcoin’s Recent All-Time High
The pattern is mirrored on Binance, where short trades make up 54.05% of open interest, compared to 45.95% for longs.
This growing tilt toward shorts reflects mounting skepticism in the market, despite Bitcoin reaching new highs.
The sentiment shift is reinforced by the latest move from prominent crypto whale James Wynn, who reversed his bullish stance after a multi-million dollar loss.
Wynn had previously maintained an aggressively leveraged 40x long position worth around $1.25 billion but exited after Bitcoin’s price dipped from $109,000 to roughly $107,107. The trader closed his long exposure at a loss of $13.39 million, with liquidation unfolding in under an hour on May 25.
He has since opened a short position of 3,523 BTC—valued at approximately $377 million—at an entry price of $107,128. The new trade carries a liquidation threshold near $118,380.
Market analysts have suggested that Wynn’s pivot reflects broader signs of exhaustion in the current bull cycle.
According to blockchain analytics firm Alhpractal, short-term holders (STHs) have begun distributing coins. Historically, a decline in STH supply often signals that Bitcoin is approaching a local top.
The firm noted that the Short-Term Holder Realized Price currently stands at $94,500, which is the last strong support before losses set in.
In contrast, long-term holders (LTHs) remain firm, with their realized price climbing to $33,000—highlighting a widening behavioral gap.
Alphractal stated that while Bitcoin previously hit record highs under similar conditions in 2021.
🟣 Celestia’s 3-Month Downtrend Continues as $TIA Falls 10% Again – What’s Next?
Celestia (TIA) has struggled to break out of a three-month-long persistent downtrend, with several unsuccessful attempts to sustain gains above key resistance levels.
This suggests a market lacking strong conviction, with investors hesitant to push the altcoin into a clear upward trajectory.
🔸 Celestia Finds Support From Investors
The Chaikin Money Flow (CMF) indicator has shown a modest increase recently but remains just below zero. This implies that while capital inflows are present, overall investor confidence is tentative.
Buyers seem to be attracted by TIA’s relatively low price, yet the momentum isn’t strong enough to decisively break the downtrend.
The CMF’s failure to climb above zero signals lingering caution and suggests that traders are only cautiously entering positions. This tentative interest may result in heightened volatility unless broader market support emerges.
The Relative Strength Index (RSI) spiked briefly into bullish territory but has since retreated below the neutral 50 level. This pattern points to fragile bullish momentum, likely hampered by selling pressure or external market uncertainties.
The drop below 50 reinforces the notion that TIA’s price recovery is precarious. Without renewed buying strength, it faces difficulty overcoming resistance and may continue to languish in subdued trading ranges.
🔸 TIA Price Aims To Jump
Currently trading around $2.54, TIA is testing a critical support level at $2.53. This level is pivotal for stabilizing price action and preventing further losses, especially after failing to surpass the $3.00 resistance during its prolonged downtrend.
A significant upward breakout appears unlikely for now. However, if support at $2.53 holds, TIA might consolidate, potentially building momentum to retest the $3.00 resistance after breaching $2.73.
Conversely, a decisive break below $2.53 could intensify bearish pressure, pushing the price down toward $2.27.
🔵 Injective and T-Mobile Are Building an On-Chain Future of Finance
In its latest announcement, Injective stated that they have been working alongside T-Mobile to build a fully on-chain financial future. What does that mean? Not just technical integration, but cross-industry collaboration to create a financial system without time limits and without traditional intermediaries.
💬 We at Injective are beyond excited to be working alongside our partner T-Mobile to power an entirely onchain future of finance.— Injective 🥷
🔸 Injective Taps Deeper Into Institutional Networks
Interestingly, this collaboration did not start from zero. T-Mobile, through Deutsche Telekom MMS, has previously been involved in the Injective network as a validator. This collaboration is said to involve infrastructure support, participation in on-chain governance, and support for the decentralized finance (DeFi) ecosystem built by #İNJ .
On the other hand, the presence of a player like T-Mobile is not Injective’s only breakthrough this year. As we previously reported, Republic Crypto has also officially launched a validator on this network, joining Google Cloud which has previously collaborated.
If you look closer, Injective seems to be building a DeFi ecosystem that is not only technologically strong, but also has strong roots in the institutional world.
🔸 From 24/7 Stock Access to One-Click DeFi Returns
However, the partnership with T-Mobile is only one part of the bigger picture. In early May 2025, #Injective introduced a new feature on their iAssets platform: tokenization of Meta Inc. shares. With this, anyone can buy or trade META at any time, as if it were a regular digital good, without having to wait for exchange hours.
Other stocks such as Google (GOOGL), Tesla (TSLA), Nvidia (NVDA), and MicroStrategy (MSTR) are also available in token form.
Furthermore, the annual trading volume on iAssets has exceeded $2 billion as of May 19. In fact, in the past month alone, it has jumped 56%, complete with a new record in daily transactions.
⚡️ $SHIB Slides 5% but Finds Support as Loyal Holders Hold Their Ground
Shiba Inu (#SHIB ) has stabilized following significant price volatility, establishing a consolidation pattern between $0.00001440 and $0.00001456.
The meme token faced intense selling pressure with volume reaching 1.72 trillion during peak decline, but multiple tests of support at $0.00001440 showed strong buyer interest.
Despite short-term fluctuations, blockchain data reveals remarkable holder loyalty, with over 1.13 million addresses maintaining their positions for more than a year, signaling confidence in SHIB's long-term prospects.
The Shiba Inu ecosystem continues development with a significant Shibarium blockchain update focused on improving decentralization. This aligns with the team's strategy to enhance utility beyond meme status.
🔸 Technical Analysis Highlights
SHIB experienced a notable 5.4% price decline over the 24-hour period, with the overall range spanning from a high of 0.00001507 to a low of 0.00001424, representing a volatility range of 0.00000083 (5.5%).
The token found strong volume-supported resistance at the 0.0000146 level during the 23:00 hour when selling pressure intensified with volume reaching 1.72 trillion, significantly above the 24-hour average.
After the sharp decline, SHIB established a consolidation pattern between 0.00001440 and 0.00001456, with multiple tests of support at 0.00001440 showing buyer interest, suggesting potential stabilization before the next directional move.
In the past hour, SHIB experienced significant downward pressure, dropping from 0.00001448 to 0.00001440, representing a 0.56% decline.
The token faced intense selling between 13:54-13:57, with volume spiking to 16.45 trillion at 13:57, creating a local bottom at 0.00001430.
A brief recovery attempt occurred at 14:01 when price rebounded to 0.00001441, forming a potential support zone between 0.00001439-0.00001440, though momentum remains bearish as evidenced by the inability to reclaim the 0.00001445 resistance level.
📊 Traders Bet on $HBAR Price to Rise as Hedera Struggles to Hold $0.20
HBAR has experienced a steady uptrend recently, with the price rising significantly. However, the altcoin now finds itself struggling to secure the key psychological support at $0.20.
While traders are hopeful for a breakout, there are growing concerns over its ability to maintain momentum.
🔸 HBAR Traders Remain Bullish
The funding rate for HBAR has been spiking recently, signaling that traders are bullish and expecting further price increases. This increase in funding rate suggests that long contracts dominate the market, with traders betting on the altcoin’s rise.
This positive sentiment could play a crucial role in pushing HBAR’s price upwards, especially if the buying pressure continues to outweigh selling activity. However, despite the overall optimism, HBAR’s struggle to hold $0.20 as a support level has become a point of concern.
On a broader scale, technical indicators like the MACD show signs that the bullish momentum might weaken. The MACD is nearing a bearish crossover, which would signal the end of the month-long uptrend for HBAR.
A bearish crossover typically indicates declining buying pressure, which could result in a downward price movement. If this trend continues, HBAR might struggle to attract buyers, leading to a potential market correction.
These mixed signals, with strong support from traders but conflicting technical indicators, have created uncertainty about HBAR’s future movement.
While the altcoin has managed to stay in positive territory over the last several weeks, the loss of momentum could be a setback for the price, especially as it nears key resistance levels.
At the time of writing, HBAR’s price has been down 6% in the last 24 hours, and it is currently trading below the critical $0.20 level.
Despite this short-term dip, the altcoin continues to maintain a seven-week-long uptrend. However, the inability to secure $0.20 as a solid support level could hamper its future growth.
🐸 PEPE Just Paused… Is the Next Meme Coin Rally Loading?
Pepe Coin ($PEPE ) price, the meme token that surged into the spotlight earlier this year, is once again testing the patience and excitement of traders. After a sharp bullish breakout, the current price action suggests a consolidation phase. But is this just a breather before another rally? Let’s break down both the hourly and daily charts to decode what’s next for PEPE.
🔸 #PEPE Price Prediction: What Does the Hourly Chart Say?
On the hourly chart, PEPE price is hovering around the $0.00001412 mark. After a strong run-up that took the price above $0.00001600, the coin experienced a pullback—now stabilizing just above the $0.00001400 support zone.
We notice PEPE price action closely interacting with key moving averages:
The 200 SMA (currently near $0.00001351) is acting as dynamic support. The 50 SMA and 100 SMA are slightly overhead, around $0.00001404 and $0.00001473, respectively.
This alignment suggests that PEPE is still trying to reclaim short-term momentum. However, the slightly upward sloping 200 SMA hints that the broader structure remains intact unless price breaks below $0.00001350.
Importantly, the red candles followed by a small bullish bounce at the $0.00001400 level show a possible reversal zone, or at least a temporary floor for buyers to regroup.
🔸 What’s Happening on the Daily Chart?
Zooming out to the daily chart provides deeper context. PEPE price broke through a long-term downtrend in late April and early May, rocketing from $0.00000090 to over $0.00001600, marking a gain of more than 1666% in under a month.
Currently, PEPE price is:
Trading near the pivot point (P) level at $0.00001411. Holding above the 50-day moving average (around $0.00001249), which confirms a bullish mid-term trend. Well above its 100 and 200 SMAs, which are still catching up after months of bearish pressure earlier this year.
This creates a bullish alignment, where price leads the moving averages in a rally, then consolidates to let the averages catch up.
⭐️ $NEAR Protocol’s New House of Stake Introduces AI Roles in Blockchain Governance, Including Assistants, Delegates, and Even an AI CEO
NEAR Protocol is launching a “House of Stake,” a governance mechanism that will combine community voting with a unique AI role. The system uses the veNEAR (vote-escrow NEAR) concept, which rewards long-term participation in the protocol and provides decision-making power. It’s a reward for those who are serious about shaping the future of the protocol, rather than simply following voting trends.
However, beyond the voting system itself, NEAR is developing a governance structure that includes a Screening Committee, Endorsed Delegates, and a Security Council. Additionally, what sets the “House of Stake” apart from just another project in the crypto space is its plan to bring AI into governance.
They are developing AI assistants that can help understand complex proposals, AI delegates that can vote autonomously based on pre-agreed principles, and even an AI CEO that they say can make strategic decisions on behalf of the community.
⭐️ Two More $XRP ETFs Fail as SEC Delays Decision on Bitwise and CoinShares XRP ETF Applications
Renowned Bloomberg Intelligence expert James Seyfarth has drawn public attention to the delay in the SEC's decision on the CoinShares and Bitwise XRP ETFs.
The Securities and Exchange Commission (SEC) has delayed decisions on Cboe BZX's application to list Bitwise's XRP ETF and Nasdaq's application to list CoinShares' XRP ETF.
If You Want Get Higher SOL Rewards, Join BNSOL Super Stake & Get the SOLAYER Boost
🔸 About Solayer @Solayer is building a vertically integrated financial stack for the open internet. Powered by InfiniSVM, our hardware-accelerated SVM blockchain, capable of up to 1M TPS and 100Gbps throughput, Solayer offers a seamless, fully on-chain experience from base-layer infrastructure to real-world payments. Solayer’s unique in building a tightly integrated ecosystem that’s both highly performant and consumer friendly. Everything is designed to work together, enabling frictionless capital flow across infrastructure, DeFi, and payments. Their growing vertical stack of product suites currently includes: A hardware-accelerated blockchain (InfiniSVM)Payments infrastructure and on-chain savings (Emerald Card)A U.S. treasury-backed stablecoin generating 4% APY (sUSD)Solana’s highest yielding LST & Native Staking (sUSD / Mega Validator) Combined, Solayer is building an ecosystem that integrates seamlessly with the Solana Virtual Machine while enabling frictionless capital flows, native yield, and real-world utility — all while remaining fully on-chain.
🔸 What is BNSOL Super Stake? BNSOL Super Stake is Binance’s premier staking program that lets users earn additional token rewards by holding or staking BNSOL/sBNSOL. This phase, running from May 16 to July 17, 2025, offers a 1.6M LAYER daily airdrop to participants who stake SOL or hold BNSOL/sBNSOL. 🔸 How to Join the BNSOL Super Stake Event Eligibility: Hold BNSOL/sBNSOL in your Binance account or Web3 Wallet.Stake SOL Now Binance Sol Staking. Steps: Stake SOL: Convert SOL to BNSOL via Binance Earn or Web3 Wallet.Hold BNSOL: Keep it in your Spot Wallet or use it in DeFi.Earn LAYER: Daily rewards are auto-distributed based on your holdings. Acquiring BNSOL: Stake SOL directly on Binance.Buy BNSOL on Spot Markets or use Binance Convert/Auto-Invest.
🔸 How to redeem BNSOL to SOL? 1. Go to SOL Staking and click Redeem. 2. Enter the amount of BNSOL you would like to redeem from your BNSOL balance. Read and agree to the terms and click Confirm. 3. The redeemed SOL will be returned to your Spot Wallet when your SOL redemption request is fully processed. 🔸 LAYER APR Boost Airdrop: How to Qualify Between May 16 and July 16, users who: Hold BNSO/sBNSOL, orStake SOL into BNSOL via a Binance account or Binance Wallet will be eligible for Solayer’s LAYER APR Boost Airdrop. The more you stake and the earlier you do it, the higher your potential rewards. This airdrop boosts your APR and gives early access to Solayer’s rapidly growing DeFi ecosystem. 🔸 Why It Matters @Solayer and BNSOL Super Stake offer an unmatched combo of high-yield staking, on-chain efficiency, and real-world usability. The LAYER APR Boost Airdrop is your entry ticket into one of Solana’s most advanced DeFi ecosystems.
📊 #Ethereum Price Could Surge to $3,200 as CME Futures Gaps Remain Unfilled
Ethereum (ETH) is showing strong momentum amid rising trading volumes, bullish community sentiment, and technical patterns hinting at a potential breakout to $3,200.
The world’s second-largest cryptocurrency by market cap has been on a tear lately, climbing 5.6% in the last 24 hours to reach $2,666, with a 30-day gain of more than 64%. This surge has reignited discussion around key price targets, particularly two unfilled CME futures gaps near the $3,200 mark.
🔸 CME Gaps and the $3,200 Target
According to pseudonymous crypto trader Titan of Crypto, such gaps “tend to get filled,” implying ETH’s rally might be far from over. The technical rationale behind his claim finds support in historical price behavior, where such voids often act as a magnet for future price action.
These differences are usually created when the market starts a new week significantly higher than it closed the previous week. Ethereum, which is currently riding a wave of bullish momentum, appears to be targeting these levels next, provided it can overcome key resistance zones.
Analyst Michaël van de Poppe weighed in on May 22, noting that the crypto asset recently cleared the $2,400 resistance zone. “I assume that Ethereum is following Bitcoin and will break to $3,000+,” he said, highlighting the correlation between the two.
Nonetheless, some market watchers are arguing caution. As CryptoPotato recently reported, ETH has entered an “overheated state” following intense trading activity and profit-taking near $2,600. According to on-chain data from CryptoQuant, the altcoin may face a short-term cooling period before resuming its upward trajectory.
Despite the potential pause, there is still strong long-term conviction, with Santiment data showing less than 5% of ETH is now held on centralized exchanges, the lowest level in more than 10 years. Additionally, last week, investment products linked to the token saw inflows worth $205 million.
🟣 Asks Dominate $SOL Orderbook, Is Solana Price Crash to $140 Imminent?
Solana (SOL) is facing an imminent crash despite Bitcoin’s market cap reaching an ATH as the king coin flirts with its $108,000 ATH. Exchange data shows a buildup of ask or sell orders that may push the Solana price to $140 before traders accumulate the dip and aid a breakout past $200.
At press time, SOL trades at $165 with a slight 2% gain in 24 hours. Despite the gains, Solana’s order book shows that asks are dominating, as exchange data shows that there is a high number of sell orders above the current price between $170 and $171.
As the price rises, these sell orders are going to be filled, which will intensify the bearish headwinds current facing Solana price. This sell-side pressure may also impede buying pressure and force SOL into a prolonged downtrend before positive catalysts emerge to restore the upward momentum.
Moreover, as the above chart shows, SOL price is not the only one at risk, as asks are also dominating the bullish BTC market. If BTC hits these asks, it may cause BTC to drop further away from its ATH, and this may cause retail interest to waver, and also push the price of Solana down.
🔸 Liquidation Map Shows a Bearish #Solana Price Outlook
The liquidation map shows a bearish Solana price prediction due to a cluster of long liquidations that are currently below price. Solana risks $35 million in long liquidations if the price slips to $164.
If these positions remain open as SOL drops, the ensuing liquidations will accelerate the selling pressure that will cause an imminent price crash. Additionally, a 3% decline in Solana’s price from the current $165 to $160 will cause more than $200 million in liquidations.
This data shows that Solana faces immense long liquidations before it can rebound to the upside. Hence, the price will likely drop lower before buyers find better entry positions to support an upward breakout.
🔥 Sui Token Starts to Recover After $223 Million Exploit on Its Biggest Decentralized Exchange
Sui’s native token started to recover after its price tumbled earlier on Thursday due to a more than $200 million exploit of the layer-1 blockchain’s largest decentralized exchange, Cetus.
SUI was recently trading at $3.89, CoinGecko data shows. The token, which fell from $4.18 to $3.82 after news of the Cetus exploit erupted on Crypto Twitter, was down 3.7% over the past 24 hours.
Malicious actors have siphoned $223 million worth of digital assets from Cetus’ liquidity pools, Sui said Thursday in a social media post. The wallet connected to the attack was recently holding about $37 million in cryptocurrencies, SuiVision records show.
“The Cetus team is exploring paths to recover those funds and return them to the community, Sui said in the statement, adding Cetus has paused smart contracts to prevent further theft. “An incident report from Cetus is forthcoming.”
The exploit comes as the decentralized finance sector has struggled to weather an increasing number of multi-million-dollar cyber attacks over the past few years. A Chainanalysis report shows that stolen funds in the DeFi sector totaled $2.2 billion in 2024, a 21% increase from the year prior.
More broadly, centralized trading platforms for digital assets have also suffered due to critical cyberattacks on their infrastructures. In February, crypto exchange ByBit sustained a $1.4 billion hack, marking the largest crypto heist ever by funds lost.
Although Sui’s flagship token has largely recovered since the Cetus attack, other digital assets linked to its ecosystem are still struggling to retrace their losses.
💥 $PEPE Targets $0.000025 After Breakout as Bullish Momentum Builds Above $0.000014
PEPE has decisively broken out of a multi-week symmetrical triangle, closing several daily candles above the critical resistance level of $0.000014. The price navigation is a confirmation to an upcoming bullish structure and could lead ways for future gains.
Pepe currently trades at $0.0000141, and as shown increased investors’ activities and interest which was reinforced by a significant rise in trading volumes on the breakout, a strategic momentum to HODL and accumulate.
The breakout also coincides with Ethereum’s bullish bias, providing macro-level tailwinds for meme coin rallies, including PEPE.
🔸 MACD, RSI, Momentum All Signal Buy — PEPE Bulls in Control
Technical indicators across the daily and 4-hour time frames strongly support a bullish continuation. On the daily chart, the MACD has confirmed a bullish crossover as of May 22, with its histogram printing higher bars above the zero line — a classic signal of growing upside momentum.
Meanwhile, PEPE’s RSI sits at 63, suggesting sustained strength but gradually moving upwards towards an overbought level. This allows for further price values before reaching a correction level.
The volume oscillator remains positive, and confirms that bullish price movement is decided by solid transaction activities and its weight not just by speculations.
With $0.000014 now serving as a solid support, the path toward higher resistance levels is beginning to open. The immediate resistance lies near $0.00001477 — a level that acted as a rejection zone in early May.
A successful flip of this level could set PEPE on course to challenge $0.0000178, corresponding to the 50% Fibonacci extension from the previous local high. Also, $0.000025 will be a psychological level for the memecoin.
Although the breakout structure remains intact, a short-term pullback toward key support zones remains possible and even healthy. PEPE’s immediate support level is at $0.000013.
📊 Here’s How a $5,000 Investment in $XRP Today Could Grow in the Future
Versan Aljarrah, co-founder of Black Swan Capitalist, recently highlighted how a $5,000 investment in XRP today could appreciate over time.
In a tweet, Aljarrah shared a chart simulating various price scenarios for XRP against a $5,000 investment. The most optimistic projection envisions a scenario where the investment multiplies by 15x, potentially growing to nearly $80,000.
Notably, XRP is currently trading at $2.38. Based on this price, an investor could acquire approximately 2,101 XRP tokens for $5,000.
🔸 Potential Returns from a $5,000 Investment in XRP
According to Aljarrah’s projections, a 3x price increase from the current level would boost the investment to $15,000, assuming the price of XRP rises to $7.14. Notably, over the past year, XRP’s price has surged by 333%, supporting the possibility of such a move.
Aljarrah also suggested that XRP could experience a 10x rally from its current level. This would raise the token’s price to $23.80, increasing the value of a $5,000 investment to $50,000.
At a price of $23.80, XRP’s market capitalization would reach approximately $1.393 trillion. In a scenario where Ethereum does not see similar growth, especially if it remains below a $1 trillion valuation, XRP could potentially become the second-largest cryptocurrency after Bitcoin.
Interestingly, at that valuation, #XRP would be more valuable than major corporations like Tesla, Berkshire Hathaway, Walmart, and JPMorgan.
However, Aljarrah’s projections do not stop at 10x. He emphasized that XRP could climb even further, possibly reaching 11x, 13x, and even 15x gains. In these hypothetical scenarios, XRP’s price would rise to around $26.18, $30.94, and $35.70, respectively.
The most ambitious projection of $35.70 would boost the $5,000 investment to approximately $75,000, yielding a $70,000 profit.
Notably, an XRP price of $35.70 would imply a market capitalization of around $2 trillion.
Altcoin Developers Make a Statement Regarding Today’s $224 Million Hack Incident
Cetus, one of the leading decentralized exchange platforms in the Sui ecosystem, was shaken by a major cyberattack.
Approximately $224 million in assets were seized by the attackers. However, according to the official statement from Sui developers, $160 million of the funds were frozen and recovered and will be returned to Cetus liquidity providers (LPs).
The funds stolen in the Cetus attack are currently distributed across four different addresses on the Sui and Ethereum networks. The distribution is as follows:
🔺 SUI: $92.24 million
🔺 Sui ecosystem tokens: $70.25 million
🔺 ETH: $61.74 million
Sui officials and the ecosystem's core development team shared details about the incident at an X (Twitter) Space event they organized. According to the statements:
🔺 Attackers stole approximately $220 million in funds using a vulnerability in the Cetus Protocol.
🔺 Of this amount, $160 million has been frozen and the refund process will begin shortly.
🔺 The Cetus team and Sui developers are working together to recover the remaining $60 million.
🔺 The Sui network was technically unaffected by the attack and remained secure.
🔺 Cetus Protocol closed the breach, restarted trading, and brought the platform back online.
🔺 Sui officials also argued that this incident was based solely on a vulnerability in Cetus, not the Sui network.