The Cardano (ADA) price is currently testing key near-term resistance around its 21DMA, and while the likelihood of a modest short-term rebound is growing, the outlook for a sustained rally isn’t great right now. ADA broke above a short-term downtrend around one week ago and if it can also break above its 21DMA, a bounce to its 200DMA in the $0.70s is likely. However, in the grand scheme of things, ADA remains stuck well within its recent multi-month $0.50-$1.20ish range. And the outlook for a major breakout above this range isn’t looking great right now. That’s principally because 1) risk appetite in the broader market remains poor and 2) a flood of new liquidity is unlikely to materialize anytime soon. Whilst ardently pro-crypto, the Trump administration is intent on pursuing economic policies (namely tariffs) that are likely to harm the US economy in the short-term, whilst also pushing up inflation. The prospect of weaker growth is hurting risk assets like stocks and crypto. The fact that Fed policymakers, namely the Fed chair Jerome Powell , are reluctant to cut interest rates due to fears about sticky inflation are making things worse. Jerome Powell could lower rates and boost the economy but refuses Is it time to end the FED? pic.twitter.com/iRKTkWk8mZ — TaraBull (@TaraBull808) April 18, 2025 Altcoin seasons that have benefitted the Cardano price in the past have typically come at times of mass liquidity injection from the Fed. But a new flood of liquidity is unlikely to come anytime soon, so major altcoins like Cardano are set to continue to struggle. What Needs to Happen for a 400% Cardano Price Rally? If the US economy tilts into recession later this year and the Fed doesn’t respond as aggressively as the market hopes, that could be a recipe for substantially lower crypto price in the coming months. The Cardano price could easily slip back to test its mid-2024 levels around $0.30. For a major rally to send the price surging back towards record highs above $3.0 per token, a few things will need to happen. Firstly, the economy will likely need to be coming through the other end of any recession. That would allow risk appetite in the broader market to pick up. But for altcoin season to really get going, major easing from the Fed would be required. If the Fed is pumping the market full of QE again, this would be the signal for the potential arrival of a new altcoin season. Under such circumstances, a 400% rally back to record highs for ADA would be very possible. In fact, Cardano could even go further than that before the end of Trump’s four-year term. The Trump administration and current Congress are massively pro-crypto, with both pushing regulatory policies/legislation designed to bolster growth in the industry. “Cardano is a ghost chain with nothing going for it” Cardano: pic.twitter.com/88KDoqM5mB — Dawson Allen (@ddawsoncrypto) September 26, 2024 That should lift all boats, including the Cardano price. That said, Cardano lack’s substantial adoption compared to some of its closest rivals like Solana and Ethereum . Cardano Alternative to Consider – Solaxy (SOLX) Given its high level of adoption and developer activity, Solana is likely to extend its lead over Cardano in the coming years. That’s probably going to be reflected in better SOL price performance, too when compared to ADA. Those confident in Solana’s outlook would do well to accumulate SOL during the current market dip. However, it might also be a good idea for Solana investors to add highly promising Solana projects like Solaxy (SOLX) to their portfolios as well, given the prospect of even higher gains. Solaxy (SOLX), a pioneering Layer-2 solution for the Solana blockchain, addresses critical network congestion and scalability issues, enhancing transaction speed and reliability. By processing transactions off-chain and settling on Solana’s mainnet, Solaxy ensures low fees and high throughput, supporting applications like meme coin trading. Its presale, launched in December 2024, has raised over $30 million, reflecting strong investor confidence. The $SOLX spaceship is picking up speed! 30M Raised! pic.twitter.com/qvrYUwt2Sy — SOLAXY (@SOLAXYTOKEN) April 14, 2025 Priced at $0.001694, SOLX offers 135% staking APY, with over 8.3 billion tokens staked. Audited by Coinsult, Solaxy’s robust tokenomics and cross-chain compatibility with Ethereum position it as a compelling investment opportunity within Solana’s thriving ecosystem. The post Cardano Price Analysis: What Needs to Happen for a 400% Rally appeared first on Cryptonews .
American asset management firm Canary Capital has boldly moved a new filing for a staked Tron ETF. On Friday, the firm filed an S-1 prospectus with the U.S. Securities and Exchange Commission for a spot Tron ETF that would include staking capabilities. The new Canary Staked TRX ETF product seeks to provide Tron’s price exposure . Canary Capital expands ETF lineup with Tron filing Renowned for pioneering some of the most notable altcoin ETF products, this latest Tron ETF further solidifies the firm’s position at the forefront of the exchange-traded fund revolution. Canary Capital has yet to reveal the trading platform on which the product will trade; however, it confirms it will provide exposure to the price of Tron. Canary Capital plans to use Coindesk Indices’ pricing data to determine the product’s Net Asset Value (NAV). This latest filing comes barely a month after the asset manager filed for Pengu ETF with the US Securities and Exchange Commission (SEC). Nashville, Tennessee-based Canary is also seeking approval for Sui and XRP ETFs, in addition to filings for Hedera (HBAR) and Polkadot (DOT), bringing its total number of altcoin ETF proposals to six. The spike in applications is part of a flurry of filings for ETFs tracking altcoins, resulting from last year’s successful debut of funds tracking Bitcoin and Ethereum’s performance, respectively. The 11 Bitcoin funds have gained over $35 billion in net inflows over 15 months. As the trust’s sponsor, Canary Capital Group LLC will oversee the ETF’s operations and manage its performance . CSC Delaware Trust Company is expected to act as the trustee. The company notes that this new product structure intends to offer investors regulated access to staking rewards and market exposure to one of the most popular proof-of-stake digital assets. Tron, trading as TRX and the ninth-biggest cryptocurrency with a $23 billion market capitalization, was trading at about $0.24, down more than 3% over the past 24 hours. TRX has risen roughly 120% during the past year. The coin runs on its own blockchain and aims to build a decentralized internet controlled and owned by the individuals who use it. New SEC leadership hopes for altcoin ETF approvals by mid-2025 Industry optimism remains high despite the SEC’s ongoing delays in ruling on several altcoin ETF proposals. Other asset managers, including BlackRock, Bitwise, 21Shares, Franklin Templeton, and VanEck, are on the list of major fund issuers seeking an SEC green light for proposed ETFs. The companies have now filed applications for ETFs based on Solana (SOL), XRP, Cardano (ADA), Dogecoin (DOGE), and Litecoin (LTC). Industry analysts have said that XRP and Solana ETFs will likely receive approval next. Earlier this year, Bloomberg analysts forecasted a 90% chance of a Litecoin ETF gaining approval in 2025, citing its classification as a commodity and its structural resemblance to Bitcoin. The recent appointment of Paul Atkins as the new SEC Chair is also expected to boost the prospects for crypto ETF approvals. Alongside commissioners Mark Uyeda and Hester Peirce—both industry-friendly—Atkins is viewed as a positive force for the sector. With the change in leadership, experts anticipate that the SEC could greenlight multiple altcoin ETFs by mid-2025. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
In March, the White House held a digital assets summit in the State Dining Room and it was attended by several founders except Charles Hoskinson, the co-founder of Ethereum and Cardano, and many found it odd. After all, there were expectations that Cardano’s token would be included in a crypto strategic reserve. Hoskinson has shrugged off the snub, not seeing why it should bother him when he is not trying to enter their good books. Charles Hoskinson did not mind not getting invited to the crypto summit One of the biggest reasons why Hoskinson does not feel left out after not getting an invitation to the summit is that he is not going out of his way to foster a connection to the Trump administration. ”A lot of people want to get close to David Sacks and Bo Hines and build relationships there,” Hoskinson told DL News. “That’s the flavor of the week. It’s nice for optics, but it doesn’t translate into sustainable, permanent policy.” As far as the billionaire blockchain builder is concerned, he does not need to “make a deal with Trump,” and so spending time with him is not at the top of his list of priorities. These days, he has his hands filled with promoting blockchain technology — ie, Cardano — to lawmakers, regulators, and even the occasional head of state as a useful tool for government services. In a bid to win these people over, Hoskinson has become some sort of DeFi diplomat flying around the world to offer insight on forming what he calls sustainable, permanent policy for blockchain technology. He has even reportedly gotten close to Senator Tim Scott, the influential chairman of the Senate Banking Committee, who is shepherding the landmark stablecoin bill through Congress. Great dinner with Senator Scott. America's best days are coming pic.twitter.com/r8tXfzhDB9 — Charles Hoskinson (@IOHK_Charles) November 21, 2024 Hoskinson hopes the future of crypto will have stable regulatory laws Since Trump became president, he has signed an executive order to overhaul crypto policy, established a Bitcoin strategic reserve, and appointed Paul Atkins , a pro-crypto lawyer, to head the Securities and Exchange Commission (SEC). It has taken the industry several steps forward but, Hoskinson is looking at the long game and hopes that when Trump’s time comes to an end, the changes he made will remain permanent fixtures in the emerging framework for the industry. He has been advocating for more stable regulatory laws and is currently monitoring a market structure bill that would establish clear regulatory authority by dividing up the responsibilities between the SEC and the Commodity Futures Trading Commission ( CFTC ). Solidifying such measures into place is important, Hoskinson has said. “There will be a person after Trump, whether it be JD Vance or a Democrat or somebody else, it’s immaterial,” he stated. “I need a consistent, stable set of rules.” Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
Lyn Alden predicts positive performance for Bitcoin in the coming months. Market liquidity is critical for Bitcoin's value appreciation today. Continue Reading: Macro Expert Reveals Insights on Bitcoin’s Future Performance The post Macro Expert Reveals Insights on Bitcoin’s Future Performance appeared first on COINTURK NEWS .
Dogecoin’s recent Futures market surge signals significant investor interest despite immediate price fluctuations. The memecoin has seen over 772% increase in Options Volume, indicating heightened speculative activity among traders. “The
April 19th, 2025— The Ethereum price experienced a slight uptick of 0.75% to reach $1,595 during Friday’s trading…
Crypto traders are seeing conflicting market signs this week. SOL Technical Analysis reveals the price testing support, yet resistance near $120 still limits any major breakout. On the other hand, Dogecoin Price Today shows a drop to $0.1458, marking a 3% decrease. However, key indicators and increased whale activity indicate the move could be temporary. While charts keep traders busy, another segment is focusing elsewhere. BlockDAG (BDAG) continues gaining traction, not only for price performance but also for standout initiatives. Its upcoming Web3 learning program, the BlockDAG Academy, has sparked real interest among developers. With $215 million already secured and early backers seeing 2,380% returns, BDAG is becoming known as one of the best-performing cryptos in current circulation. SOL Technical Analysis: Resistance Holds as Price Struggles Recent data from SOL Technical Analysis shows a doji candlestick forming around the $94.83 level, hinting at a possible short-term rebound. The climb toward $111.78 came shortly after Janover made public their interest in acquiring SOL, reigniting curiosity in the asset. Still, the coin has found it tough to push through the $120 barrier, currently trading at $106.74. Analysts continue to debate whether this signals a solid reversal or just a classic fake-out rally. Adding to the outlook, Solana’s network strength stands out. DEX volumes topped $2.9 billion over the past month, and decentralized platforms like Orca and Pump are showing strong usage. If SOL fails to overcome resistance, the $80 support range may come into play next. Dogecoin Price Today: Market Pullback Triggers a Dip As of now, Dogecoin Price Today is pegged at $0.1458, falling 3% over the past day after a broader crypto correction tied to new U.S. tariff updates. Despite this decline, several technical signals still point toward active market engagement. Support levels remain intact below the $0.15 range, and both whale and mid-tier holdings are on the rise. Wallet addresses holding 10,000 DOGE or more have climbed to 240,000, up from 236,000 in just a short span. Though price sentiment looks uncertain, the MACD suggests a bullish crossover might be approaching. An upward trendline continues to provide backing, though the Directional Movement Index (DMI) hints at ongoing market indecision. BlockDAG Web3 Academy Prepares for Launch to Support Web3 Growth The spotlight on BlockDAG (BDAG) is brighter than ever, with its $215 million presale success and now the introduction of the Web3-focused BlockDAG Academy. Currently, BDAG is trading at $0.0248 in its 27th batch, having sold 19.2 billion coins since the presale began. Those who joined early have already seen a 2,380% return. Presented by blockchain expert Maurice Herlihy during Keynote 3 , the Academy is structured into three tiers: Elementary for starters, Intermediate for learning about smart contracts and decentralized governance, and Advanced for developers diving into APIs and dApp development. This initiative isn’t just another course; it’s a clear learning path meant for everyday users and advanced coders alike. With simplified material and practical modules, it aims to help users move from theory to hands-on implementation. As Herlihy put it, the Academy teaches more than basic navigation—it provides the reasoning behind the actions. With many searching for genuine learning opportunities in Web3, BlockDAG stands out by offering clarity and structure. The Academy is set to be the starting point for those aiming to gain real knowledge and apply it directly within the BlockDAG ecosystem. Final Words! SOL Technical Analysis continues to show strong network performance, but price progress is still limited by overhead resistance. Dogecoin Price Today reflects a minor pullback, yet accumulation patterns suggest an underlying strength. Neither asset has made a decisive move. Meanwhile, BlockDAG keeps growing in momentum. With a $215 million presale, over 2,380% in early returns, and a live rate of $0.0248, it remains one of the best-performing cryptos right now. The introduction of BlockDAG Academy is another bold step, capturing developer attention and making a strong case for BDAG’s continued rise in Web3. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Continue Reading: Web3 Devs Eye BlockDAG’s Upcoming Academy – SOL Faces Resistance & DOGE Drops 3%
An under-the-radar altcoin witnessed a mild jump in price on Thursday after the venture capital giant Andreessen Horowitz (a16z) announced it was investing $55 million in the token. Ali Yahya, a general partner at a16z crypto, announced the investment in ZRO , the native token of the omnichain interoperability protocol LayerZero. LayerZero aims to move data across blockchains and support “censorship-resistant messages and permissionless development through immutable smart contracts.” Yahya notes the a16z investment has a three-year lockup. ZRO was trading around $2.33 prior to the announcement and surged to a high of $2.54 around 90 minutes later. The 208th-ranked crypto asset by market cap has since partially retraced to $2.46 at time of writing, though it remains up by more than 2.5% in the past 24 hours. The overall crypto market cap, by comparison, is down more than 1% in the past day. Earlier this week, the on-chain perpetual exchange GMX announced LayerZero would serve as the “preferred messaging infrastructure provider” for its multichain expansion. The XDC Network, a layer-1 blockchain, also recently announced a LayerZero omnichain integration. Explains XDC, “This integration connects the XDC Network to over 125+ LayerZero-supported blockchains, empowering developers and enterprises to build omnichain applications interacting across networks with enhanced trust, speed, and efficiency.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Interoperability Protocol Asset Surges After a16z Acquires $55,000,000 Worth of the Project’s Native Asset appeared first on The Daily Hodl .
Dogecoin is experiencing massive demand with the Futures market surging over the past day.
April has been a good month for XRP, historically averaging 24.5% gains over the last 10 years. This year is no exception with XRP already up 2.9% in April and trading above $2. And to add fuel to the fire, XRP Futures ETFs are launching on April 30 and will make it easy for institutions and retail to get in. While XRP’s history and ETFs are exciting, another blockchain star Ruvi AI is making waves for different reasons. With blockchain and AI, Ruvi AI is charting a new course in utility, rewards and real world application. Ruvi AI’s Unique Vision for Blockchain-AI Unlike many crypto projects that focus on speculation, Ruvi AI is tackling real world problems through its superapp. This platform will change how businesses, creators and developers interact with disruptive technology. With tools for content creation, workflow automation and scalable AI driven solutions, Ruvi AI’s approach is focused on real world demand. The backbone of this ecosystem is the $RUVI token which gives access to premium AI tools, governance rights, passive income by staking it and possibility to earn tokens by training the AI models. . This token powers every interaction within Ruvi AI’s network, bridging blockchain with AI to maximize efficiency and output. A Record Breaking Start Despite being early days, Ruvi AI has already shown huge potential. During the presale , the project sold over 10 million tokens and raised over $100,000 in a few days! The market is clearly excited about the project’s roadmap and technology. But what sets Ruvi AI apart is the way it’s rewarding early backers. VIP Benefits Bring Massive Rewards Ruvi AI’s VIP reward system is designed to reward early investors meaningfully. VIP Tier 3 is easy to access and still has great benefits. For a $1000 presale contribution at $0.01 per token, you get 100,000 $RUVI tokens. This tier includes a 60% bonus so you get 60,000 tokens more, for a total of 160,000 tokens. For a $1000 investment, that’s $11,200 at the listing price of $0.07 per token. A few industry experts already predicted a $1 post-launch price. In that case, your initial investment would be worth $160,000, for a 15,900% ROI. This is perfect for those new to crypto investing or testing the waters with Ruvi AI. How Leaderboard Rewards Work For those who want to have even more impact, Ruvi AI has its leaderboard rewards program to foster competition and reward dedication. The Top 10 presale contributors will get 500,000 $RUVI tokens each, worth $500,000 at the expected post-debut price. The Top 50 and Top 1,000 will get 250,000 tokens and 20,000 tokens respectively. This not only amplifies the incentives for higher levels of participation but also builds a active investor community. Why You Should Join Ruvi AI Ruvi AI opens doors to new possibilities for those looking for big returns. Its multiple rewards programs, utility potential and AI integration creates opportunities that go beyond market speculation. This combination of benefits makes Ruvi AI a one of a kind in today’s crypto landscape. XRP is moving fast and going big with updates like the futures ETFs. Ruvi AI is building its own path in the blockchain. Groundbreaking tech and huge returns, not just another crypto project, it’s a movement. Join Ruvi now and get your VIP pass to the rewards. Learn More Buy RUVI: https://presale.ruvi.io Website: https://ruvi.io Whitepaper: https://docs.ruvi.io Telegram: https://t.me/ruviofficial Twitter/X: https://x.com/RuviAI Try RUVI AI: https://web.ruvi.io/register