XRP's recovery ended before beginning, which certainly creates problematic landscape for asset
Decentralized cryptocurrency exchanges (DEXs) continue to challenge the dominance of centralized platforms, even as a recent $6.2 million exploit on Hyperliquid highlights risks in DEX infrastructure. A cryptocurrency whale made at least $6.26 million profit on the Jelly my Jelly (JELLY) memecoin by exploiting the liquidation parameters on Hyperliquid, Cointelegraph reported on March 27. The exploit was the second major incident on the platform in March, noted CoinGecko co-founder Bobby Ong. “$JELLYJELLY was the more notable attack where we saw Binance and OKX listing perps, drawing accusations of coordinating an attack against Hyperliquid,” Ong said in an April 3 X post , adding: “It’s clear that CEXes are feeling threatened by DEXes, and are not going to see their market share erode without putting on a fight.” DEX growth reshapes derivatives market Hyperliquid is the eighth-largest perpetual futures exchange by volume across both centralized and decentralized exchanges. This puts it “ahead of some notable OGs such as HTX, Kraken and BitMEX,” Ong noted, citing an April 4 research report . Related: Bitcoin to $110K next, Hyperliquid whale bags $6.2M ‘short’ exploit: Finance Redefined Hyperliquid’s growing trading volume is starting to cut into the market share of other centralized exchanges. Top derivative exchanges by open interest. Source: CoinGecko Hyperliquid is the 12th-largest derivatives exchange, with an over $3 billion 24-hour open interest — though it still trails Binance’s $19.5 billion by a wide margin, CoinGecko data shows. According to Bitget Research analyst Ryan Lee, the incident may harm user confidence in emerging decentralized platforms, especially if actions taken post-exploit appear overly centralized. “Hyperliquid’s intervention — criticized as centralized despite its decentralized ethos — may make investors wary of similar platforms,” Lee said. Whale exploits Hyperliquid’s trading logic The unknown Hyperliquid whale managed to exploit Hyperliquid’s liquidation parameters by deploying millions of dollars worth of trading positions. The whale opened two long positions of $2.15 million and $1.9 million, and a $4.1 million short position that effectively offset the longs, according to a postmortem by blockchain analytics firm Arkham. Hyperliquid exploiter, transactions. Source: Arkham When the price of JELLY rose by 400%, the $4 million short position wasn’t immediately liquidated due to its size. Instead, it was absorbed into the Hyperliquidity Provider Vault (HLP), which is designed to liquidate large positions. Related: Polymarket faces scrutiny over $7M Ukraine mineral deal bet As of March 27, the unknown whale still held 10% of the memecoin’s total supply, worth nearly $2 million, despite Hyperliquid freezing and delisting the memecoin , citing “evidence of suspicious market activity” involving trading instruments. The Hyperliquid exploit occurred two weeks after a Wolf of Wall Street-inspired memecoin — launched by the Official Melania Meme (MELANIA) and Libra (LIBRA) token co-creator Hayden Davis — crashed over 99% after launching with an 80% insider supply. Magazine: Memecoins are ded — But Solana ‘100x better’ despite revenue plunge
Two projects are stealing the spotlight as 2025 progresses: XRP, now trading at $2.10, and MAGACOINFINANCE, which has surged to $0.0002757 from early entry prices. For traders watching momentum, these two are commanding serious attention—and for good reason. At the same time, key tokens like ADA, ETH, LINK, and AVAX remain solid components of any crypto portfolio, delivering steady development, performance, and strong community backing. CLICK HERE TO JOIN THE BILLION DOLLAR PROJECT MAGACOINFINANCE – From Fractions of a Cent to Market Focus MAGACOINFINANCE launched with an entry point under a third of a cent and has already reached $$0.0002757, reflecting intense early interest and a well-structured offering. With over $5.3 million raised and limited allocation remaining, the project continues to gain momentum as it approaches listings on public exchanges. What’s unique about MAGACOINFINANCE is its no-shortcuts model: a 100 billion token cap, public-only distribution, and no early investor advantage. It’s a level playing field designed for retail traders who want access without restrictions. Wallet distribution continues expanding, and community engagement has grown across every platform. The jump in price has brought even more visibility, but many still believe it’s early—especially when factoring in the long-term roadmap and growing demand. LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH CO-DE MAGA50X GET 50% MORE TOKENS WITH MAGA50X The MAGA50X promo is still active, giving investors 50% more tokens on every order. As token allocation continues to tighten, this limited-time offer is helping new buyers get stronger positioning ahead of wider public access. ADA, ETH, LINK, and AVAX Continue Their Push Cardano (ADA) is priced at $0.62, staying focused on measured, research-first expansion. Ethereum (ETH) holds around $1,860.00, continuing its leadership in Layer-1 smart contract systems. Chainlink (LINK) trades at $13.82, fueling the data infrastructure behind smart contract reliability. Avalanche (AVAX) maintains a value near $41.18, offering flexible scaling through subnet customization. JOIN A BILLION DOLLAR PROJECT — THIS IS YOUR EARLY ENTRY BEFORE EXCHANGE LAUNCH Conclusion The rise of XRP and MAGACOINFINANCE is reshaping how traders view early entries and timely positions. With MAGACOINFINANCE now trading at $$0.0002757, early supporters are already seeing significant returns—and new investors are watching closely. As ADA, ETH, LINK, and AVAX continue their strong development paths, it’s clear the spotlight has expanded to include one of the most talked-about new tokens of the year. For more information on MAGACOINFINANCE and to participate in the pre-sale, visit: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: $100 Investment in XRP, Bitcoin (BTC), and Solana—Here’s What It Could Be Worth
A Korean financial analyst who uses the name XForceGlobal has made bold claims about XRP’s future price, stating the cryptocurrency could reach between $10 and $20 in the coming months. The confident prediction comes even as XRP currently trades at $2.07 and the broader cryptocurrency market struggles through a prolonged downtrend. Related Reading: Ethereum Slips Below Triangle—Is A $1,600 Crash Next? XRP Shows Unusual Strength Amid Crypto Slump While XRP has dropped more than 5% over the past few weeks, this decline is significantly less severe than what other major cryptocurrencies have experienced. According to the report, top cryptocurrencies like Ethereum have fallen by over 40% in the last three months. Similar sharp drops have hit other popular coins such as Solana and Dogecoin. XForceGlobal, who describes himself as a Certified Elliott Wave Analyst, pointed out that XRP has maintained its position above recent lows while competing cryptocurrencies have plummeted between 45% and 65% from their peaks. This relative stability forms the foundation of his optimistic outlook. I agree 100%, this is just showing that the possibility being there is just telling us how XRP is in its own league even for just wave counts! — XForceGlobal (@XForceGlobal) April 2, 2025 Elliott Wave Analysis Points To Massive Gains The analyst’s forecast is based greatly on Elliott Wave theory, a technical analysis technique which tries to predict market action by finding repeating wave patterns. On the basis of his recognition of a 5-wave pattern, XForceGlobal has consistently predicted that XRP will hit $20 to $40 this year or next. Trillion-Dollar Valuation Projections Questioned By Critics Many market observers remain skeptical of such ambitious price targets. For XRP to reach $10, it would need to surge over 370% from its current price. A move to $20 would require an even more dramatic 850% increase. At such prices, XRP’s market capitalization would be around $1 trillion at the $10 level and $2 trillion at $20. Such valuations would be a first for an alternative currency and are the reasons why many analysts believe such forecasts are unrealistic, at least in the short term. Source: CoinGlass CoinGlass: Trading Interest Grows Despite Market Uncertainty In spite of the continued argument regarding the future of XRP, statistics by CoinGlass indicate increasing interest in the cryptocurrency. Open interest on XRP trades has risen to $3.60 billion over the past few days, reports indicate. This increase indicates that traders are opening positions in the asset irrespective of the direction of the market. I will be laughing at everyone who said $XRP can never hit $10-20. — XForceGlobal (@XForceGlobal) April 2, 2025 When asked for the timeline of his price forecast, XForceGlobal was not as definite, indicating that it may take a while before XRP gets to the forecasted $10-20 mark. Related Reading: XRP Breakout Alert! Could This Surge Send The Altcoin To $3? Nevertheless, the analyst was confident enough with his technical analysis to assert he would “be laughing at everyone” who are skeptical about XRP’s ability to hit these price levels. With XRP’s year-to-date gains dwindling to mere 0.80%, wiping out all gains since the beginning of 2025, the question is if XForceGlobal’s lofty predictions will materialize or become part of the long list of failed cryptocurrency price projections. Featured image from Gemini Imagen, chart from TradingView
Stellar Lumens price has dropped in the past few months, mirroring the performance of most altcoins like Cardano and Avalanche. Stellar ( XLM ) was trading at the crucial support at $0.25 on Sunday, much lower than last year’s high of $0.6380. On-chain data shows that the Stellar ecosystem is doing relatively well. Nansen data shows that transactions have risen by 24% in the last seven days to 21.5 million. They have risen by almost 30% in the last 30 days to 70.5 million, making Stellar one of the most active chains in crypto. The number of active addresses in the Stellar ecosystem has also jumped in the past few days. They rose by 15% in the last seven days to 162,947. These numbers have also translated to a 105% increase in weekly transaction fees. You might also like: Bitcoin holds steady amid stock market crash, says Unchained analyst Further data by DeFi Llama shows that the amount of stablecoins in the Stellar ecosystem has soared to a record high. These stablecoins, which are mostly USD Coin, have soared to nearly $300 million. This is significant since Stellar had stablecoins worth $104 million in November last year. Stablecoin market cap on Stellar | Source: DeFi Llama Stellar price analysis XLM price chart | Source: crypto.news The daily chart shows that the XLM price has dropped sharply from its highest point in November last year. It has moved below the 61.8% Fibonacci Retracement level. Worse, the token will form a death cross pattern as the 50-day and 200-day moving averages approach their confluence. Such a crossover would potentially lead to a further downside. On the positive side, there are signs that the token is slowly forming a falling wedge pattern. This pattern consists of two descending and converging trend lines, and in most cases, it leads to a bullish breakout. A good example of this pattern in action happened with the Pi Network price , which rebounded on Saturday. There are signs that the XLM price is slowly forming a double-bottom pattern at $0.2282, whose neckline is at $0.30. A double bottom is another highly bullish chart pattern. Therefore, the Stellar price will likely bounce back if it remains above the double-bottom point at $0.2282 and avoids a death cross. More gains will be confirmed if it rises above the upper side of the wedge pattern. Read more: Pi Network price goes parabolic as wedge pattern activates
Tomorrow may become Bitcoin's 'Black Monday,' warns top crypto expert and former BitMex CEO
The value is at a historic low since February 2020. But activity on the blockchain remains at 1.2 million daily transactions. Transaction fees on the Ethereum blockchain have reached their lowest levels in years, with the seven-day moving average (7DMA) indicating transaction fees of less than $500,000 per day - contrasted with a peak of $30 million in March 2024. At the same time, the number of daily transactions remains stable at about 1.2 million per day, which characterizes not a decrease in demand but a change in network economics, the media noted. The decline in fees has been influenced by a number of upgrades, including the introduction of EIP-4844, which added BLOB (big data) transactions, a cheaper way to store data for L2 solutions. Among other things, Base blockchain has become a popular choice among users due to its significant cheapening while maintaining Ethereum's security. According to Glassnode, total transaction fees were 317.1 ETH as of April 6, 2025. The previous low value was recorded on February 22, 2020 - 306.2 ETH. For users, lower commissions mean increased availability, which opens up opportunities for small DeFi transactions and daily transfers. For validators, however, it reduces motivation - the blockchain increasingly relies on Ethereum issuance instead of fee income, the publication noted. Record lows in the Ethereum ecosystem are also seen in the amount of assets burned due to transaction fees, a decrease in the number of new addresses on the blockchain and decreases in the available supply of Ethereum on centralized exchanges. However, on May 7, 2025, the blockchain will undergo a Pectra update, which aims to improve the user experience and efficiency of Ethereum.
The crypto market faces uncertainty as recent trends raise questions about its future. Ethereum and Solana , two major players, draw attention in this period of potential change. As analysts debate the possibility of a quick recovery, the market holds its breath. This article delves into which digital currencies might be poised for a resurgence. Ethereum Faces Bearish Pressure in a Volatile Market Over the past month, Ethereum has dropped nearly 18%, with a six-month decline of about 25%. Price activity has shown weakness, as evidenced by a short-term weekly change of around -1%, adding to the ongoing downward trend. Negative momentum and declining energy in the market indicate persistent selling pressure. Recent price movements reflect subdued trading volume, lacking any signs of a strong recovery. Currently, Ethereum trades between approximately $1,538 and $2,325. Support is nearby at around $1,255, while resistance builds near $2,829, with a higher barrier at $3,616. Bears maintain control as momentum indicators and the RSI near 38 suggest limited buying interest. Traders might explore short-term strategies within these levels while waiting for a clear breakout that could signal a trend reversal. Solana Faces Bearish Trends Yet Hints at Altcoin Season Over the last month, Solana prices fell by about 16%, while a six-month decline approached 17%, marking a challenging period. This drop, with weekly lows exceeding 3%, has highlighted a trend of weakness. The recent figures reflect sluggish behavior, as the downward momentum has significantly impacted overall performance. Current prices fluctuate between $98 and $166, with clear support around $71 and resistance near $207. Bears dominate the market as key indicators show negative signals. Traders might find opportunities within these levels, focusing on purchases near support while being cautious not to make aggressive moves until clear signs of an uptrend emerge. Conclusion The market's recent downturn has raised questions about future movements. ETH and SOL have shown resilience despite recent drops. Analysts are watching key indicators to gauge a potential bounce back. Historical trends suggest possible recovery phases, but timing remains uncertain. Investors should consider both short-term and long-term perspectives. Various factors will influence how quickly ETH and SOL may regain momentum. The markets often evolve, presenting opportunities for those who stay informed. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Ripple price prediction has been in the trend this week with XRP showing mixed indications amidst market volatility. XRP is trading at $2.12 presently and has seen a 265% rally in the last year owing to the top altcoin gaining regulatory clarity and beating its SEC case. Experts estimate that Ripple prices can soar to above $3.5 by the end of April if it breaks significant resistance levels. However, uncertainties over institutional dependence continue to cloud its long-term course. Meanwhile, Remittix is picking up steam as a cryptocurrency game-changer, with analysts calling it the "next XRP." While Ripple appears to falter, showing an 18% decline in the last month alone, Remittix's innovative strategy is positioning it as a frontrunner in the PayFicompetition. Let’s find out more. XRP Statistics and Predictions; Ripple Price Shows A Mixed Outlook Amid Market Volatility Ripple has won the support of financial institutions because of its cost-effective and high-performing international payment solutions. The present Ripple price of $2.12 has generated fresh market attention because China's counter-tariffs redirected investment capital from U.S. equity markets into international markets. Analysts argue that the tariff initiative launched by President Trump on April 2 , 2025 will continue to impact XRP, Bitcoin and other cryptocurrencies. The predictions about future Ripple prices depend on three key elements such as regulatory developments, market reactions and advancements within Ripple's XRP network. While its partnerships with major banks contribute to its legitimacy, the rising supply combined with decelerating demand might cause XRP to lose value. The result of these tariffs on Ripple prices remains to be seen because it depends on the specific details and market changes that will occur in 2025. According to analysts, if XRP is unable to hold support at $1.90 during bearish trends, selling pressure could worsen, putting further pressure on Ripple’s price. As Ripple grapples with these concerns, emerging projects like Remittix are plugging gaps of inefficiencies in cross-border payments with innovative solutions that adapt to evolving market demands. Remittix Is 2025’s Big PayFi Disruptor The cryptographic currency marketplace receives significant transformation from Remittix (RTX) which brings a disruptive international payment solution. Through its blockchain framework Remittix enables fast and economical and transparent international payments. The method represents an operational answer to current monetary business obstacles. Investor confidence in the Remittix presale proves strong based on its success in generating $14.3 million from selling over 526 million tokens. The remarkable growth of RTX stands as one of the best new initial coin offerings (ICOs) in 2025 overshadowing market competitors. The distinctive tokenomics built by Remittixcommits major token allocations to community rewards and liquidity pools for ensuring long-term stability and driving user-developed expansion. The PayFi native protocol supports swift transactions at low prices to attract both small businesses and population segments who have limited access to banking services from mainstream institutions. Remittix represents a different asset class compared to Ripple (XRP) because it combines an inclusive platform model to democratize digital finance through simplified mechanisms which enable people to move between blockchain and fiat currency systems. Call-to-Action: Secure Your Place in Remittix Today Ripple price predictions show market potential but Remittix provides a different investment space which gives users both utility functions and the potential toward rapid price increases. Investors who join Remittix's presale today get a stake in a project that is showing strong signs of disruptive growth. Investors and traders must seize this chance to move their investments from theoretical coins with no real utility to a Defi coin that is solving problems for both businesses and individuals. Time is of the essence, Remittix presale stage won’t stay cheap any longer, join now before the planned 10x exchange listing effect takes hold. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Spring 2025 is shaping up to be a pivotal period for the crypto market, despite recent volatility and mass liquidations. The industry is gearing up for a number of tech launches that could change the balance of power: Ethereum will introduce the Pectra upgrade to improve scalability, MEXC will launch a hybrid exchange for simplified crypto asset trading, and Hemi Network will launch a mainnet to merge Bitcoin and Ethereum. It remains to be seen whether these developments will lead to another market surge, but they certainly lay the groundwork for future growth. Innovations in DeFi, AI integration, and infrastructure expansion highlight the industry’s desire to adapt and evolve, even amid macroeconomic uncertainty. MEXC Launches Hybrid Exchange — DeFi and CEX Under One Roof While most exchanges choose between a centralized or decentralized side, MEXC is taking the path of fusion. In March 2025, the platform launched a next-generation hybrid exchange that combines the liquidity of centralized markets with access to decentralized protocols, all in one interface. The DEX+ Wallet offers access to on-chain assets across various blockchains and seamless multi-chain trading, backed by institution-grade security. It combines the diverse asset options of decentralized platforms with the robust security and user-friendly experience of centralized exchanges, providing users with a streamlined and highly secure trading experience. With UX becoming a key battleground, MEXC's bet on a unified hybrid platform looks like a timely (and potentially game-changing) move. Ethereum Pectra’s upgrade Ethereum’s upcoming Pectra upgrade , slated for mid-March 2025, is a major step toward improving the network’s scalability, efficiency, and usability. By merging the previously separate Prague and Electra upgrades, Pectra introduces critical enhancements such as flexible gas payments, optimized staking options, and technical advancements like Verkle Trees and PeerDAS. A key highlight is account abstraction, which allows users to pay transaction fees with ERC-20 tokens like USDC instead of being limited to ETH. This shift simplifies transactions and enhances user accessibility. Additionally, Verkle Trees and PeerDAS improve data management and reduce storage demands, ensuring a more efficient Ethereum ecosystem. The upgrade will roll out in two phases, with the initial implementation in March 2025 focusing on increasing layer-2 storage capacity, lowering fees, and expanding validator staking limits. The second phase, expected in late 2025 or early 2026, will integrate advanced optimizations to further enhance network performance. Pectra builds upon the foundation laid by the Dencun upgrade in 2024, which introduced proto-dank sharding to reduce layer-2 transaction costs. By addressing key bottlenecks, Pectra positions Ethereum for broader adoption and long-term sustainability, reinforcing its role as the leading smart contract platform. TRON Removes Fees — Completely Many blockchains are reducing fees. TRON has decided to go further and completely eliminate gas for transactions in its ecosystem. The new feature, introduced in early March, allows users to send transactions without any fees — by redistributing revenue within the network. For users, this is a breath of fresh air, especially in DeFi and NFT applications, where micropayments were unprofitable due to fiat. For developers, it is an incentive to rethink the UX in favor of the mass user. The network is already recording an increase in activity, especially in the markets of Southeast Asia, where the cost of transactions is a critical factor. Tether launches an AI platform When one of the largest stablecoin issuers suddenly goes beyond the financial infrastructure, it is already an event. In March 2025, Tether introduced its own AI platform focused on blockchain applications with artificial intelligence. Unlike typical hype-driven AI efforts, Tether is focusing on infrastructure: the launch includes a framework for developing AI models in a Web3 environment and a computing architecture powered by self-governing nodes. This could change the approach to decentralized storage, data analysis, and predictive model building on the blockchain. If the platform is adopted by developers, Tether will be able to occupy a unique niche between AI and Web3 — and strengthen its influence beyond USDT. Hemi Network Brings Bridge Between Ethereum and Bitcoin What if you combined the resilience and security of Bitcoin with the flexibility of Ethereum? This question is now answered by Hemi Network , a new mainnet aimed at uniting two of the largest ecosystems in a single decentralized structure. The network uses a hybrid architecture and an original smart contract interoperability model, which allows it to run EVM applications with Bitcoin security at the base level. This is not just a "bridge" — it is an attempt to reboot the very concept of interoperability in crypto. While analysts argue about the feasibility of ambitions, the market votes with interest: validator activity and TVL are growing rapidly. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.