Road Town, British Virgin Islands, July 8th, 2025, Chainwire NovaEx , a next-generation cryptocurrency exchange, officially debuts its platform, bringing to market a secure and deeply liquid platform designed to serve the evolving needs of both professional and everyday traders. In a time of renewed scrutiny around centralized exchanges, NovaEx offers a bold alternative that emphasizes placing fund security, transparent operations, and trading reliability at the core of its platform. “What the market needs now is trust that is earned, not assumed,” said the NovaEx founding team. “We built NovaEx to meet that demand, combining deep liquidity, secure custody, and an execution engine worthy of serious traders.” Setting a New Standard for Reliability in Crypto NovaEx offers access to a wide range of spot assets and perpetual futures pairs , powered by a high-speed matching engine and scalable global infrastructure. While volume and access are important, the platform’s true distinction lies in how it protects user funds , enables efficient execution , and supports responsible trading at scale . Key Strengths of NovaEx: Comprehensive Asset Security NovaEx employs a multi-layered security framework to protect user assets and data at every stage of the trading lifecycle. The platform integrates advanced 256-bit encryption , multi-signature wallets , and cold storage solutions to safeguard funds. Around-the-clock system monitoring and regular third-party security audits further reinforce platform integrity and ensure a safe, resilient trading environment. Granular Permission Control & Insider Risk Prevention NovaEx enforces strict internal governance through role-based access controls, dual-approval workflows, and operation-level audit trails. By ensuring no single individual can unilaterally access or move user funds, the platform proactively addresses insider risk and reinforces a security model built on transparency and accountability. Deep Liquidity By partnering with top liquidity providers, NovaEx maintains deep order books across major crypto pairs—resulting in minimal slippage, fast order fulfillment, and tighter spreads for users of all levels. High-Speed Execution Engine The platform supports both retail and professional trading styles, powered by a low-latency infrastructure that delivers millisecond-level response times. Secure and Reliable Operations NovaEx delivers 99.9% uptime with a robust, globally distributed infrastructure and built-in disaster recovery. Security is integrated from account setup to fund withdrawal, ensuring both operational reliability and user safety. Spot and Futures Trading NovaEx gives users access to a full suite of trading products, including high-quality spot markets and futures with up to 200x leverage —all within one cohesive interface. User-Friendly Design for Global Access NovaEx offers a clean, intuitive trading interface across devices, along with multilingual support and simplified onboarding. Whether on desktop or mobile, traders can access global markets with speed and clarity. Grounded in Trust, Built for Longevity NovaEx enters the market amid rising demand for transparent, dependable trading platforms that prioritize users. NovaEx is focused on building trust through infrastructure, service quality, and fund protection —laying the foundation for a secure and sustainable trading experience. “We’re not here to follow trends,” the NovaEx founding team added. “Our mission is to set a higher bar — to create a trading environment where security, fairness, and reliability are non-negotiable.” With a roadmap focused on strengthening infrastructure, expanding listings, and supporting ecosystem integrations, NovaEx begins its journey by reinforcing the one principle that matters most: building confidence through action. About NovaEx NovaEx is a secure, high-performance cryptocurrency exchange offering access to spot and futures markets across a wide range of digital assets. Established in 2024, NovaEx was built to address the rising demand for transparent, scalable, and professional trading infrastructure in the global crypto space. With support for a diverse portfolio of cryptocurrencies and perpetual futures trading pairs, NovaEx combines deep liquidity with a seamless user experience optimized for both retail and institutional participants. The platform emphasizes a security-first approach , incorporating encryption standards, two-factor authentication, cold fund storage, and regular system audits to safeguard user assets and operational integrity. NovaEx also features a low-latency matching engine, integrated margin tools, and intuitive interfaces across web and mobile, making it a reliable and accessible choice for traders worldwide. NovaEx provides the tools, performance, and infrastructure designed to support confident trading for users at all experience levels. To learn more, users can visit: https://www.novaex.com Disclaimer： The information provided is for informational purposes only and should not be considered a recommendation to buy, sell, or hold any financial assets. All information is provided in good faith. However, we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of such information. All crypto investments, including earnings, are highly speculative in nature and involve substantial risk of loss. Past, hypothetical, or simulated performance is not necessarily indicative of future results. The value of digital currencies can go up or down and there can be a substantial risk in buying, selling, holding, or trading digital currencies. You should carefully consider whether trading or holding digital currencies is suitable for you based on your personal investment objectives, financial circumstances, and risk tolerance. NovaEx does not provide any investment, legal or tax advice. Contact Leslie Chen NovaEx leslie.chen@novaex.com
Road Town, British Virgin Islands, July 8th, 2025, Chainwire NovaEx , a next-generation cryptocurrency exchange, officially debuts its platform, bringing to market a secure and deeply liquid platform designed to serve the evolving needs of both professional and everyday traders. In a time of renewed scrutiny around centralized exchanges, NovaEx offers a bold alternative that emphasizes placing fund security, transparent operations, and trading reliability at the core of its platform. “What the market needs now is trust that is earned, not assumed,” said the NovaEx founding team. “We built NovaEx to meet that demand, combining deep liquidity, secure custody, and an execution engine worthy of serious traders.” Setting a New Standard for Reliability in Crypto NovaEx offers access to a wide range of spot assets and perpetual futures pairs, powered by a high-speed matching engine and scalable global infrastructure. While volume and access are important, the platform’s true distinction lies in how it protects user funds, enables efficient execution, and supports responsible trading at scale. Key Strengths of NovaEx: Comprehensive Asset Security NovaEx employs a multi-layered security framework to protect user assets and data at every stage of the trading lifecycle. The platform integrates advanced 256-bit encryption, multi-signature wallets, and cold storage solutions to safeguard funds. Around-the-clock system monitoring and regular third-party security audits further reinforce platform integrity and ensure a safe, resilient trading environment. Granular Permission Control & Insider Risk Prevention NovaEx enforces strict internal governance through role-based access controls, dual-approval workflows, and operation-level audit trails. By ensuring no single individual can unilaterally access or move user funds, the platform proactively addresses insider risk and reinforces a security model built on transparency and accountability. Deep Liquidity By partnering with top liquidity providers, NovaEx maintains deep order books across major crypto pairs—resulting in minimal slippage, fast order fulfillment, and tighter spreads for users of all levels. High-Speed Execution Engine The platform supports both retail and professional trading styles, powered by a low-latency infrastructure that delivers millisecond-level response times. Secure and Reliable Operations NovaEx delivers 99.9% uptime with a robust, globally distributed infrastructure and built-in disaster recovery. Security is integrated from account setup to fund withdrawal, ensuring both operational reliability and user safety. Spot and Futures Trading NovaEx gives users access to a full suite of trading products, including high-quality spot markets and futures with up to 200x leverage—all within one cohesive interface. User-Friendly Design for Global Access NovaEx offers a clean, intuitive trading interface across devices, along with multilingual support and simplified onboarding. Whether on desktop or mobile, traders can access global markets with speed and clarity. Grounded in Trust, Built for Longevity NovaEx enters the market amid rising demand for transparent, dependable trading platforms that prioritize users. NovaEx is focused on building trust through infrastructure, service quality, and fund protection—laying the foundation for a secure and sustainable trading experience. “We’re not here to follow trends,” the NovaEx founding team added. “Our mission is to set a higher bar — to create a trading environment where security, fairness, and reliability are non-negotiable.” With a roadmap focused on strengthening infrastructure, expanding listings, and supporting ecosystem integrations, NovaEx begins its journey by reinforcing the one principle that matters most: building confidence through action. About NovaEx NovaEx is a secure, high-performance cryptocurrency exchange offering access to spot and futures markets across a wide range of digital assets. Established in 2024, NovaEx was built to address the rising demand for transparent, scalable, and professional trading infrastructure in the global crypto space. With support for a diverse portfolio of cryptocurrencies and perpetual futures trading pairs, NovaEx combines deep liquidity with a seamless user experience optimized for both retail and institutional participants. The platform emphasizes a security-first approach, incorporating encryption standards, two-factor authentication, cold fund storage, and regular system audits to safeguard user assets and operational integrity. NovaEx also features a low-latency matching engine, integrated margin tools, and intuitive interfaces across web and mobile, making it a reliable and accessible choice for traders worldwide. NovaEx provides the tools, performance, and infrastructure designed to support confident trading for users at all experience levels. To learn more, users can visit: https://www.novaex.com Disclaimer： The information provided is for informational purposes only and should not be considered a recommendation to buy, sell, or hold any financial assets. All information is provided in good faith. However, we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of such information. All crypto investments, including earnings, are highly speculative in nature and involve substantial risk of loss. Past, hypothetical, or simulated performance is not necessarily indicative of future results. The value of digital currencies can go up or down and there can be a substantial risk in buying, selling, holding, or trading digital currencies. You should carefully consider whether trading or holding digital currencies is suitable for you based on your personal investment objectives, financial circumstances, and risk tolerance. NovaEx does not provide any investment, legal or tax advice. ContactLeslie ChenNovaExleslie.chen@novaex.com 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.
July 8th, 2025 – Road Town, British Virgin Islands NovaEx , a next-generation cryptocurrency exchange, officially debuts its platform, bringing to market a secure and deeply liquid platform designed to serve the evolving needs of both professional and everyday traders. In a time of renewed scrutiny around centralized exchanges, NovaEx offers a bold alternative that emphasizes placing fund security, transparent operations, and trading reliability at the core of its platform. “What the market needs now is trust that is earned, not assumed,” said the NovaEx founding team. “We built NovaEx to meet that demand, combining deep liquidity, secure custody, and an execution engine worthy of serious traders.” Setting a New Standard for Reliability in Crypto NovaEx offers access to a wide range of spot assets and perpetual futures pairs , powered by a high-speed matching engine and scalable global infrastructure. While volume and access are important, the platform’s true distinction lies in how it protects user funds , enables efficient execution , and supports responsible trading at scale . Key Strengths of NovaEx: Comprehensive Asset Security NovaEx employs a multi-layered security framework to protect user assets and data at every stage of the trading lifecycle. The platform integrates advanced 256-bit encryption , multi-signature wallets , and cold storage solutions to safeguard funds. Around-the-clock system monitoring and regular third-party security audits further reinforce platform integrity and ensure a safe, resilient trading environment. Granular Permission Control & Insider Risk Prevention NovaEx enforces strict internal governance through role-based access controls, dual-approval workflows, and operation-level audit trails. By ensuring no single individual can unilaterally access or move user funds, the platform proactively addresses insider risk and reinforces a security model built on transparency and accountability. Deep Liquidity By partnering with top liquidity providers, NovaEx maintains deep order books across major crypto pairs—resulting in minimal slippage, fast order fulfillment, and tighter spreads for users of all levels. High-Speed Execution Engine The platform supports both retail and professional trading styles, powered by a low-latency infrastructure that delivers millisecond-level response times. Secure and Reliable Operations NovaEx delivers 99.9% uptime with a robust, globally distributed infrastructure and built-in disaster recovery. Security is integrated from account setup to fund withdrawal, ensuring both operational reliability and user safety. Spot and Futures Trading NovaEx gives users access to a full suite of trading products, including high-quality spot markets and futures with up to 200x leverage —all within one cohesive interface. User-Friendly Design for Global Access NovaEx offers a clean, intuitive trading interface across devices, along with multilingual support and simplified onboarding. Whether on desktop or mobile, traders can access global markets with speed and clarity. Grounded in Trust, Built for Longevity NovaEx enters the market amid rising demand for transparent, dependable trading platforms that prioritize users. NovaEx is focused on building trust through infrastructure, service quality, and fund protection —laying the foundation for a secure and sustainable trading experience. “We’re not here to follow trends,” the NovaEx founding team added. “Our mission is to set a higher bar — to create a trading environment where security, fairness, and reliability are non-negotiable.” With a roadmap focused on strengthening infrastructure, expanding listings, and supporting ecosystem integrations, NovaEx begins its journey by reinforcing the one principle that matters most: building confidence through action. About NovaEx NovaEx is a secure, high-performance cryptocurrency exchange offering access to spot and futures markets across a wide range of digital assets. Established in 2024, NovaEx was built to address the rising demand for transparent, scalable, and professional trading infrastructure in the global crypto space. With support for a diverse portfolio of cryptocurrencies and perpetual futures trading pairs, NovaEx combines deep liquidity with a seamless user experience optimized for both retail and institutional participants. The platform emphasizes a security-first approach , incorporating encryption standards, two-factor authentication, cold fund storage, and regular system audits to safeguard user assets and operational integrity. NovaEx also features a low-latency matching engine, integrated margin tools, and intuitive interfaces across web and mobile, making it a reliable and accessible choice for traders worldwide. NovaEx provides the tools, performance, and infrastructure designed to support confident trading for users at all experience levels. To learn more, users can visit: https://www.novaex.com Disclaimer? The information provided is for informational purposes only and should not be considered a recommendation to buy, sell, or hold any financial assets. All information is provided in good faith. However, we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of such information. All crypto investments, including earnings, are highly speculative in nature and involve substantial risk of loss. Past, hypothetical, or simulated performance is not necessarily indicative of future results. The value of digital currencies can go up or down and there can be a substantial risk in buying, selling, holding, or trading digital currencies. You should carefully consider whether trading or holding digital currencies is suitable for you based on your personal investment objectives, financial circumstances, and risk tolerance. NovaEx does not provide any investment, legal or tax advice. Contact Leslie Chen NovaEx leslie.chen@novaex.com This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility. Follow Us on X Facebook Telegram Check out the Latest Industry Announcements The post NovaEx Launches with a Security-First Crypto Trading Platform Offering Deep Liquidity and Institutional-Grade Infrastructure appeared first on The Daily Hodl .
Road Town, British Virgin Islands, July 8th, 2025, Chainwire NovaEx , a next-generation cryptocurrency exchange, officially debuts its platform, bringing to market a secure and deeply liquid platform designed to serve the evolving needs of both professional and everyday traders. In a time of renewed scrutiny around centralized exchanges, NovaEx offers a bold alternative that emphasizes placing fund security, transparent operations, and trading reliability at the core of its platform. “What the market needs now is trust that is earned, not assumed,” said the NovaEx founding team. “We built NovaEx to meet that demand, combining deep liquidity, secure custody, and an execution engine worthy of serious traders.” Setting a New Standard for Reliability in Crypto NovaEx offers access to a wide range of spot assets and perpetual futures pairs , powered by a high-speed matching engine and scalable global infrastructure. While volume and access are important, the platform’s true distinction lies in how it protects user funds , enables efficient execution , and supports responsible trading at scale . Key Strengths of NovaEx: Comprehensive Asset Security NovaEx employs a multi-layered security framework to protect user assets and data at every stage of the trading lifecycle. The platform integrates advanced 256-bit encryption , multi-signature wallets , and cold storage solutions to safeguard funds. Around-the-clock system monitoring and regular third-party security audits further reinforce platform integrity and ensure a safe, resilient trading environment. Granular Permission Control & Insider Risk Prevention NovaEx enforces strict internal governance through role-based access controls, dual-approval workflows, and operation-level audit trails. By ensuring no single individual can unilaterally access or move user funds, the platform proactively addresses insider risk and reinforces a security model built on transparency and accountability. Deep Liquidity By partnering with top liquidity providers, NovaEx maintains deep order books across major crypto pairs—resulting in minimal slippage, fast order fulfillment, and tighter spreads for users of all levels. High-Speed Execution Engine The platform supports both retail and professional trading styles, powered by a low-latency infrastructure that delivers millisecond-level response times. Secure and Reliable Operations NovaEx delivers 99.9% uptime with a robust, globally distributed infrastructure and built-in disaster recovery. Security is integrated from account setup to fund withdrawal, ensuring both operational reliability and user safety. Spot and Futures Trading NovaEx gives users access to a full suite of trading products, including high-quality spot markets and futures with up to 200x leverage —all within one cohesive interface. User-Friendly Design for Global Access NovaEx offers a clean, intuitive trading interface across devices, along with multilingual support and simplified onboarding. Whether on desktop or mobile, traders can access global markets with speed and clarity. Grounded in Trust, Built for Longevity NovaEx enters the market amid rising demand for transparent, dependable trading platforms that prioritize users. NovaEx is focused on building trust through infrastructure, service quality, and fund protection —laying the foundation for a secure and sustainable trading experience. “We’re not here to follow trends,” the NovaEx founding team added. “Our mission is to set a higher bar — to create a trading environment where security, fairness, and reliability are non-negotiable.” With a roadmap focused on strengthening infrastructure, expanding listings, and supporting ecosystem integrations, NovaEx begins its journey by reinforcing the one principle that matters most: building confidence through action. About NovaEx NovaEx is a secure, high-performance cryptocurrency exchange offering access to spot and futures markets across a wide range of digital assets. Established in 2024, NovaEx was built to address the rising demand for transparent, scalable, and professional trading infrastructure in the global crypto space. With support for a diverse portfolio of cryptocurrencies and perpetual futures trading pairs, NovaEx combines deep liquidity with a seamless user experience optimized for both retail and institutional participants. The platform emphasizes a security-first approach , incorporating encryption standards, two-factor authentication, cold fund storage, and regular system audits to safeguard user assets and operational integrity. NovaEx also features a low-latency matching engine, integrated margin tools, and intuitive interfaces across web and mobile, making it a reliable and accessible choice for traders worldwide. NovaEx provides the tools, performance, and infrastructure designed to support confident trading for users at all experience levels. To learn more, users can visit: https://www.novaex.com Disclaimer： The information provided is for informational purposes only and should not be considered a recommendation to buy, sell, or hold any financial assets. All information is provided in good faith. However, we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of such information. All crypto investments, including earnings, are highly speculative in nature and involve substantial risk of loss. Past, hypothetical, or simulated performance is not necessarily indicative of future results. The value of digital currencies can go up or down and there can be a substantial risk in buying, selling, holding, or trading digital currencies. You should carefully consider whether trading or holding digital currencies is suitable for you based on your personal investment objectives, financial circumstances, and risk tolerance. NovaEx does not provide any investment, legal or tax advice. Contact Leslie Chen NovaEx leslie.chen@novaex.com
XRP price started a fresh increase above the $2.320 zone. The price is now showing positive signs and might climb above the $2.45 resistance. XRP price started a fresh increase above the $2.350 zone. The price is now trading above $2.320 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2.380 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $2.350 zone. XRP Price Rallies Over 5% XRP price started a fresh increase after it settled above the $2.30 level, beating Bitcoin and Ethereum . The price was able to climb above the $2.350 resistance level. The recent move was positive and the bulls pushed the price above the $2.40 level. A high was formed at $2.437 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2.250 swing low to the $2.437 high. The price is now trading above $2.350 and the 100-hourly Simple Moving Average. Besides, there is a key bullish trend line forming with support at $2.380 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.4350 level. The first major resistance is near the $2.450 level. A clear move above the $2.450 resistance might send the price toward the $2.50 resistance. Any more gains might send the price toward the $2.550 resistance or even $2.60 in the near term. The next major hurdle for the bulls might be near the $2.750 zone. Another Decline? If XRP fails to clear the $2.450 resistance zone, it could start another decline. Initial support on the downside is near the $2.380 level and the trend line zone. The next major support is near the $2.350 level or the 50% Fib retracement level of the upward move from the $2.250 swing low to the $2.437 high. If there is a downside break and a close below the $2.350 level, the price might continue to decline toward the $2.320 support. The next major support sits near the $2.2650 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.380 and $2.350. Major Resistance Levels – $2.4350 and $2.450.
Amazon’s cloud computing division, Amazon Web Services (AWS), has devised a bespoke cooling system to keep the temperatures of Nvidia’s powerful new artificial intelligence (AI) chips in check. On Wednesday, AWS announced that it developed the In-Row Heat Exchanger (IRHX), its custom liquid-cooling system designed for data centers with high-performance Nvidia GPUs. Such chips, which are used to train large AI models like the chatbots or image generators so popular today, are among the power-hungriest pieces of hardware in the world. Their rising popularity in AI workloads has strained traditional cooling solutions, particularly air-based cooling. Rather than leaving it up to the market to deliver a scalable cooling solution, Amazon had to get creative and solve it. The IRHX is suitable for retrofit and new data center applications without requiring a wholesale redesign. It does this by circulating chilled liquid close to the servers’ rows to remove heat from the tightly packed GPUs. Dave Brown, Vice President of Compute and Machine Learning Services at AWS, explained that standard cooling solutions were not viable for their needs. He said these options would have wasted too much data center floor space and used water inefficiently. While such systems might work for a few cabinets at smaller providers, he noted they lacked the liquid-cooling capacity required to support AWS’s scale. AWS launches P6e instances featuring Nvidia Blackwell GPUs AWS has also just introduced P6e instances that leverage Nvidia’s GB200 NVL72, a dense, supercomputing platform containing 72 Blackwell GPUs in one rack. These are designed to cope with the computationally intensive nature of huge AI models and generative AI tasks. Until now, only companies like Microsoft and CoreWeave have offered this next-level GPU cluster. And now AWS customers can access the newest and most advanced custom GPU machine learning training infrastructure available in the cloud, powered by the latest-generation, water-cooled NVIDIA A100 Tensor Core GPUs. The IRHX keeps these pockets of clusters at safe temperatures, providing optimal performance without overheating. By baking the IRHX directly into its data center design, AWS can avoid waiting to retrofit entire structures for liquid cooling or paying for costly construction. In his announcement of the launch of the P6e, Brown noted that by combining the GB200 NVL72 system with Amazon’s IRHX, customers can leverage unmatched computing power at scale. It will also allow developers, researchers, and companies to train much larger AI models more quickly and efficiently than they could in the past. Amazon strengthens its lead in cloud infrastructure The push to in-house its cooling tech at the in-progress data center reveals even more about Amazon’s broader play to own more of its infrastructure. In recent years, AWS has spent heavily developing its chips, storage systems, and networking gear to power its cloud services. These advancements enable Amazon to mitigate reliance on third-party suppliers further and strike a balance between operational performance and cost. This approach has paid off. In the first quarter of 2025, AWS notched its highest operating margin since the unit was created and is now the chief engine of Amazon’s overall profitability. The IRHX launch expands AWS’s innovation leadership and infrastructure footprint in the cloud industry. Other tech titans are also doing likewise. Microsoft, for example, built its own AI chips and custom cooling system, Sidekicks, to go with them. Google and Meta are also investigating ways to construct hardware and systems tailored to AI workloads. However, Amazon has a crucial advantage — its sprawling global footprint of data centers and years of experience building and deploying custom hardware at scale. The IRHX could add to that by streamlining its AI-ready infrastructure, making it more efficient, sustainable, and scalable. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage
On July 10, the Bitcoin Thunderbolt Station reservation phase, launched by Nubit, successfully closed with cumulative deposits surpassing US$900 million. This figure notably exceeds the fundraising volume of Pump.fun by
The post Ripple Price Prediction For July 10 appeared first on Coinpedia Fintech News XRP has gained more than 5% in the last 24 hours, and is currently trading around $2.42. This upward move has brought the token back to a critical resistance zone between $2.31 and $2.36, an area where the price has struggled multiple times in recent weeks. Experts are now closely watching to see if XRP can finally close above this level. If XRP manages a daily candle close above $2.36, it could trigger a fresh rally towards the next resistance levels at $2.44–$2.45. Beyond that, the next key target would be around $2.61–$2.62, which marks a local high reached in mid-May. A confirmed breakout above $2.36, especially if the price holds this level as new support, would be a strong bullish signal. However, on the shorter time frame, XRP appears to be forming a rising wedge pattern, which is typically seen as a bearish sign. This pattern will only be confirmed if the price drops below $2.27. If that happens, XRP could pull back to short-term support zones at $2.21 and $2.17. In short, if XRP breaks above $2.36, bulls could take control and push towards $2.60. But if the price slips below $2.27, a temporary pullback might follow. An expert said that while XRP’s price is rising, traders should be careful because global trading volumes are still low. They warned this move could be part of a pump and dump setup. Real, strong price moves usually happen when trading volumes cross $10 billion, like when XRP previously jumped from $0.58 to over $2. Santiment reported that XRP’s price has hit a 7-week high, rising above $2.39 for the first time since May 23rd. Right now, there are 2,742 wallets with over 1 million XRP — just one less than yesterday’s record of 2,743 wallets. These big holders now control 47.32 billion XRP, showing they still have strong confidence in XRP’s future.
On-chain data shows the Bitcoin RHODL Ratio has reversed upwards recently, a potential sign that a cycle transition could now be underway. Bitcoin RHODL Ratio Could Be Hinting At Cooling Market Speculation In a new post on X, the on-chain analytics firm Glassnode has discussed the latest shift in the RHODL Ratio of Bitcoin. The Realized HODL (RHODL) Ratio is an indicator that measures the ratio between the Realized Cap of two given HODL wave bands. The Realized Cap refers to an on-chain capitalization model that calculates BTC’s total value by assuming that the value of each token in circulation is equal to the spot price at which it was last transacted on the blockchain. In short, what this metric tracks is the amount of capital that the investors as a whole have put into the cryptocurrency. Here, the Realized Cap of only specific segments of the market is of interest: two “HODL wave bands” or cohorts corresponding to the supply aged between 1 day and 3 months, and that between 6 months and 2 years. Naturally, the former HODL wave band represents the coins that the investors have just purchased. Thus, its Realized Cap would signify the capital that has recently entered into the network. Similarly, the Realized Cap of the latter group would correspond to the capital stored in the hands of resolute individuals . Given this, the RHODL Ratio for these HODL wave bands would tell us about how the capital stored in the two parts of the sector currently compares. Below is the chart shared by the analytics firm that shows the trend in this Bitcoin metric over the history of the digital asset. As displayed in the above graph, the Bitcoin RHODL Ratio has been following an upwards trajectory recently, meaning that capital has been maturing from new hands to the veterans holding for more than six months. Following the latest continuation of the trend, the metric has reached the highest level for the current cycle . “This signals a shift: more wealth is held by single cycle holders, while 1d–3m activity stays low,” notes Glassnode. From the chart, it’s visible that this pattern was generally witnessed alongside transitions during past cycles. And not just any transitions, but those happening away from bull markets. So far, the RHODL Ratio is still far below the peaks seen during the last few Bitcoin cycles, so it only remains to be seen whether the current rise in the indicator is truly the start of a long-term shift like those past ones, or if it’s a temporary deviation. BTC Price At the time of writing, Bitcoin is trading around $109,300, up more than 1.5% in the last week.
Any sustained dip below SOL's realized price of $131 would invalidate its bullish structure.