The post XRP News Today: Ripple Price Prediction Points to $15 Explosion in 2025 as Trump Deregulates appeared first on Coinpedia Fintech News XRP has been on an impressive rise, with its price reaching $3.10 as of January 21, 2025, following a 6% daily increase. This market optimism comes from a favorable shift in regulations under Donald Trump’s administration, which is actively reducing crypto restrictions. Trump’s pro-crypto stance, along with key figures like Paul Atkins supporting innovation, is boosting XRP’s potential for greater adoption. But can it reach $15 during this cycle? Meanwhile, PlutoChain ($PLUTO) could emerge as a potential solution for Bitcoin’s scalability and transaction speed issues. Here’s all you need to know. Can XRP Hit $15 in 2025 as Trump’s Deregulation Boosts Market Confidence? As of January 21, 2025, XRP trades at $3.10, reflecting a 6% rise over the past 24 hours. In the last week, the cryptocurrency has surged by 19.6%, while its year-on-year increase stands at an impressive 459%. The 24-hour trading volume has reached $14.92 billion, showcasing strong activity in the market. X RP’s market cap currently sits at $178.44 billion, supported by a circulating supply of 57.56 billion tokens. With a total supply nearing 100 billion tokens, the fully diluted valuation (FDV) is estimated at $309.94 billion. This results in a market cap to FDV ratio of 0.58, suggesting a significant amount of the total supply is already circulating. XRP’s highest price to date was $3.40, recorded on January 7, 2018, which places the current price just 8.8% below that peak. Conversely, its lowest recorded value was $0.002686 on May 22, 2014, so it’s had extraordinary growth over the years. Currently, the RSI is at 48, which means XRP is in the neutral zone. The crypto market is undergoing some big changes with Donald Trump’s return to the presidency, especially for Ripple’s XRP. Back in December 2020, the SEC filed a lawsuit against Ripple Labs, claiming XRP was sold illegally as an unregistered security. In July 2023, a federal judge ruled that XRP is not a security when sold to retail investors on exchanges, though sales to institutional investors were deemed unregistered securities transactions. Trump’s administration has taken a pro-crypto stance and aims to reduce regulations and encourage innovation. With figures like Paul Atkins, known for supporting crypto, leading regulatory efforts, the environment for digital assets like XRP looks more favorable. This shift could help boost adoption and further integrate cryptocurrencies into mainstream finance. CryptoBall , an analyst on X, forecasts that XRP could climb to $13 in the near future and exceed $20 during the current bull cycle. His prediction relies on Elliott Wave Theory, which points to substantial price increases following a breakout. Meanwhile, XBT Liquidators projects XRP reaching a price range of $27-$30 and base their analysis on high time frame Gann fans, which suggest cyclical movements between key support and resistance levels. PlutoChain ($PLUTO) Could Give Bitcoin a Big Upgrade with Speed, Affordability, and EVM Compatibility Bitcoin often struggles with slow transactions, high fees, and network congestion. PlutoChain ($PLUTO) could offer a potential solution. This innovative Layer-2 network could operate alongside Bitcoin’s blockchain and reduce congestion, cut costs, and enhance scalability. Bitcoin’s 10-minute block times have long been a drawback compared to faster chains like Ethereum and Solana. PlutoChain offers block times of just 2 seconds, using its Layer-2 technology. This rapid pace could allow seamless execution of smart contracts, DeFi operations, and other advanced blockchain applications. With Ethereum Virtual Machine (EVM) compatibility , developers could easily migrate Ethereum-based projects to Bitcoin’s secure infrastructure. This could boost Bitcoin’s versatility and create new real-world use cases. PlutoChain’s testnet processes 43,200 transactions daily without delays, which means it’s ready for real-world use. Security is a top priority. The platform has successfully passed audits from SolidProof , QuillAudits , and Assure DeFi . It also performs regular code reviews and stress tests to ensure safety and reliability for users. PlutoChain’s commitment to community is equally impressive. Its decentralized governance model allows users to vote on critical proposals, upgrades, and partnerships. Final Thoughts Whether XRP will reach $15 depends on continued regulatory support and widespread adoption, especially with Trump’s deregulation efforts. Market conditions, along with further positive rulings for Ripple, will play a key role in determining XRP’s trajectory. On the other hand, PlutoChain ($PLUTO) might offer a game-changing solution for Bitcoin’s scalability issues. With its Layer-2 technology and EVM compatibility, PlutoChain could position Bitcoin as a faster, more scalable, and developer-friendly platform. ———— Please remember that this article is purely informational and not financial advice. Any and all cryptocurrencies are volatile, with prices prone to rapid changes. Always do your own research and consult an expert before joining any crypto venture. We are not liable for any outcomes based on the information in this article. Statements about the future entail risks and may not reflect updates.
ETF Flows: 22 Jan 2025 Bitcoin ETFs See $248.7M Net Inflows Ethereum ETFs Experience $70.7M Net Inflows ————— 💰Coin: Bitcoin ( $BTC ) $102,248.50 Ethereum ( $ETH ) $3,212.51 —————
Ethereum faces criticism, prompting Buterin to advocate for structural changes. Justin Sun's four-step plan aims to revamp Ethereum's financial strategies. Continue Reading: Vitalik Buterin Responds to Criticism Over Ethereum’s Leadership and Future Plans The post Vitalik Buterin Responds to Criticism Over Ethereum’s Leadership and Future Plans appeared first on COINTURK NEWS .
The non-profit has backed the SEC's appeal against Ripple, seeking to overturn a key district court ruling.
The TikTrix platform is revolutionizing casual gaming through its innovative Meer node ecosystem, allowing users to engage directly in a new web3 experience. As interest in decentralized platforms surges, TikTrix’s
Vitalik Buterin and the Ethereum Foundation are reportedly working on a Wall Street makeover of Ethereum, to help the Bitcoin challenger gain institutional recognition. With the successful launch of Bitcoin ETFs, BTC is already becoming Wall Street’s favorite. To accomplish a similar success for ETH, Buterin has reportedly invested in a startup that wants to market Ether as the best cryptocurrency for Wall Street. Vitalik Buterin Invests in An Ethereum-Promoting Startup Vivek Raman, who’s a former bond trader at Nomura Holdings and UBS Group AG, is founding Etherealize, which has received investments from Vitalik Buterin as well as the Ethereum Foundation. This new startup from Raman will market Ether (ETH) on Wall Street as one of the best cryptocurrencies, Bloomberg reported on January 23. Although dubbed as a BTC challenger, ETH has underperformed Bitcoin to a great extent. While the BTC price surged 160% surging past $100K levels last year, ETH has gained only 40% during the same period. Apart from just Bitcoin, Ether has also underperformed other top altcoins like Solana, XRP, etc. Source: Bloomberg To recover this gap, Vitalik Buterin and the Foundation are making a push with Etherealize, with an undisclosed investment amount. Raman revealed that he and his team of eight full-time employees have started operations this month in New York. Their focus is on promoting Ethereum to financial institutions and developing products designed to streamline the network’s usability for banks. “If there’s any time it’s going to work, it’s right now when all the headwinds that existed in the past are now suddenly tailwinds, from regulatory to technology to Ethereum being ready to have institutional presence”. Addressing the Recent Criticism for Ether Ethereum is reportedly losing competition to competitors like Solana and other layer-1 blockchains. It has been the go-to choice for meme coin launches last year. Furthermore, Solana has received greater recognition after the Trump family launched their TRUMP and MELANIA meme coins on the blockchain. The Ethereum Foundation and Vitalik Buterin have come under fire from users for not capitalizing more swiftly on the network’s first-mover advantage. In response to the criticism, Buterin addressed the concerns on X last week, pledging “significant changes” to the foundation’s structure and objective. Raman emphasized the need for stronger advocacy for Ethereum and aims to be a prominent voice for the network on Wall Street. An early priority will be tokenization —the process of transforming traditional financial products into digital tokens that can be traded on a blockchain. He added: Financial institutions “want safety, they want security, they want reliability, they want a track record. And the only blockchain that stood the test of time and has 10 years of operating history and some regulatory clarity is Ethereum.” Will Ether ETFs Help in Recovery? The launch of the Bitcoin ETFs in the US, last year in January 2024, provided a great institutional boost to the asset class. Also, with corporate players like MicroStrategy accumulating Bitcoins over the past four years, BTC has gained further global recognition. Moreover, with a greater focus on building US Bitcoin reserves, ETH has taken a backseat for investors as of now. Unlike Bitcoin ETFs, the launch of Ether ETFs in July 2024, didn’t catch up fast. However, after Donald Trump’s victory in November 2024, inflows into spot Ethereum ETFs have picked up once again. Currently, the net inflows across all Ether ETFs since inception stand at $2.725 billion. If the efforts from Etherealize materialize further, we can see strong demand for ETH moving ahead in 2025. However, the ETH price also needs to catch for this. While consolidating at around $3,300 levels, ETH is seeing strong whale accumulation that sets the ETH price target of $4,000. The post Is Vitalik Buterin Planning Ethereum Makeover With Wall Street Connection? appeared first on CoinGape .
According to recent data from SoSoValue, the cryptocurrency market experienced significant movements on January 22nd, as the Ethereum spot ETF reported a robust net inflow of $70.641 million. In contrast,
Chainalysis said around 94% of the TRUMP and MELANIA tokens are held by around 40 wallets that each hold over $10 million worth.
Glassnode analyzed the state of Bitcoin and believes volatility is imminent The analysis focuses on decreasing sell pressure, tightening price range, and more The price could go either way, the research suggests Bitcoin may soon experience significant price swings in the short-term, since the sell pressure is diminishing, and the market is quickly approaching a state of equilibrium. This is according to new in-depth analysis from on-chain data analytics platform Glassnode. Seeking Liquidity Earlier this week, Glassnode published an analysis on the state of Bitcoin, and what we can expect price-wise, in the short-term. Called Seeking Liquidity , the article discusses three key points that should result in a strong move to either side: positive capital flows, diminishing sell-side pressure, and the tightening up of “several measures of volatility”. “As the price hit the $100k level, net capital inflows into Bitcoin surged, signifying investors were locking in substantial profits,” Glassnode explains. “These capital inflows have since started to decline in magnitude as the market consolidates and acclimatises to the new price range.” Current… The post Glassnode Highlights Signals for Bitcoin’s Next Big Move appeared first on Coin Edition .
The post CME Group Plans XRP and Solana ETFs for February 2025 Launch appeared first on Coinpedia Fintech News The CME Group is reportedly gearing up to launch Futures ETFs tied to XRP and Solana, with a tentative release date of February 10, 2025, pending regulatory approval. This came just after Trump’s inauguration and Ripple’s closed-door meeting held this month the factors are hinting something bigger is on the way. Many analysts are expecting many more ETFs will be hitting the market in the next 6 months. However, XRP and Solana are the top contenders for ETF approval after Bitcoin and ETH. Following the news, XRP faced $6.66 million in futures liquidations over the past 24 hours, with $3.92 million in longs and $2.73 million in shorts. Notably, the proposed offerings include standard and micro contracts for both cryptocurrencies. For Solana, the contracts are set at 500 SOL and 25 SOL, while XRP contracts will feature 50,000 XRP and 2,500 XRP options. These contracts are designed to benefit diverse investor needs, from large institutions to retail participants seeking smaller-scale exposure. Potential Ripple Effect on the Market The announcement fits well with rising optimism about the U.S. SEC’s approval of cryptocurrency ETFs, particularly following leadership changes that have created a more favorable regulatory environment. However, the lack of direct confirmation from the CME has led to cautious reactions. Past incidents, such as the false reports of a BlackRock-backed XRP ETF in 2023, have heightened the need for verified information in such announcements. Eleanor Terrett of Fox Business highlighted that CME’s move could lead to a wave of similar XRP and Solana Futures ETF products, reflecting the growing momentum in the crypto ETF sector. While Bloomberg ETF analyst Eric Balchunas initially commented on the news, he later retracted his statements, emphasizing the need for concrete updates from CME. So this means we’ll likely see an inflow of applications for $XRP and $SOL futures ETFs. Applications for spot products have also been filed but it’s unclear when those might get approved. Will be interesting to see the level of demand for futures when spot products now have a… https://t.co/0gtnYsqfqd — Eleanor Terrett (@EleanorTerrett) January 22, 2025 The confirmation rumors spread after the mock-up draft on the CME website was made public in error however CME Group spokesperson clarified to Fox Business that it was a glitch from their end. No official decisions have yet been made about launching futures contracts for either token. According to Bloomberg ETF analyst James Seyffart, it appears that CME Group has added pages for XRP and SOL futures on its beta website, indicating that both are expected to launch on February 10, pending regulatory approval. Notably, this information has not yet been announced… https://t.co/tEiBLBVNJW — Traders Paradise (@theparadiselive) January 22, 2025 A New Chapter for XRP and Solana The launch of these ETFs could boost XRP and Solana by making them more accessible to institutional investors. Both the assets have suffered immense losses due to unfair regulatory trials and this could be the moment for them to recover their lost glory. The growing interest in crypto ETFs is evident as asset managers like Rex-Osprey file for innovative offerings, including Dogecoin ETFs. These developments are driven by a shift in the SEC’s stance on crypto, which has already approved Bitcoin and Ethereum ETFs. Moreover, there is a buzz of TRUMP and MELANIA memecoin fillings that will also hit the market soon. If successful, CME’s XRP and Solana Futures ETFs could mark a new chapter for these cryptocurrencies, opening doors to greater liquidity and adoption.