The recent Ripple-SEC legal developments have created ripples in the XRP market, showcasing the resilience of investors in the cryptocurrency space. Despite the setback in the settlement motion, analysts remain
Hyperliquid’s native token $HYPE is trading at $26.73, up 8.6% in the past 24 hours and over 80% in the past month. Since hitting a low of $10.34 in April, the token has rebounded 260% and is now just 23% below its all-time high of $34.96. On-chain metrics point to a spike in trading activity, with 24-hour derivatives volume up 36% and open interest up 13% to $936 million, according to Coinglass data . Daily protocol revenue currently stands at about $2 million, while perpetuals volume over the last day alone reached $7.64 billion, as per DefiLlama data . Rising market dominance and a sharp increase in user adoption are the main drivers of this explosive growth. Hyperliquid ( HYPE ) has surpassed centralized firms such as Deribit in Bitcoin ( BTC ) perpetual open interest, as well as OI for some other tokens. Hyperliquid is quickly emerging as a major competitor in the perpetual trading sector, with a lifetime trading volume of over $1 trillion. You might also like: Hyperliquid unveils new fee discount system and account linking feature for May 5 Pseudonymous analyst Flood, in a May 16 post on X, estimates the protocol generates over $700 million in annual revenue, which would make it one of the most profitable businesses in the U.S. Most of those profits, according to Flood, are used to buy back HYPE on the open market. Where does Hyperliquid rank in terms of US companies by net profitability assuming 97% margin biz ($700MM+ net income) — Flood (@ThinkingUSD) May 15, 2025 Looking at the technical picture, HYPE is trading at $26.73, well above all major moving averages, suggesting that the market is still seeing bullish momentum. The relative strength index at 71 indicates overbought conditions, which could signal a short cooling off. Hyperliquid price analysis. Credit: crypto.news Immediate support lies at $24.76 and $22.32, while $20 offers a stronger psychological support. Resistance sits at $28.13, with a clear path to $30 and potentially the all-time high of $34.96 if momentum and volume holds. A more substantial decline toward $20 might result from a drop below $22. Even though the trend is still strong , the market’s reaction to this overbought stage will probably determine the next course of action. Read more: XRP dips as U.S. court rejects Ripple-SEC settlement bid over procedural misstep
Judge Analisa Torres rejected the joint request by Ripple Labs and the SEC for a settlement motion. Policy watchers forecasted that a resolution was feasible in 4–5 weeks. The much-anticipated Ripple -SEC settlement has hit a slight roadblock. This followed a dismissal of a joint request for an indicative ruling by Judge Analisa Torres. She cited procedural errors for her dismissal, “If jurisdiction were restored to this Court, the Court would deny the parties’ motion as procedurally improper.” About a week ago, Ripple Labs and the SEC jointly requested that Judge Analisa Torres vacate a previous 2024 judgment and reduce the imposed fine from $125M to $50M. What’s next for the Ripple lawsuit? It’s worth pointing out that the Biden-era SEC appealed Judge Torres’ 2024 ruling on the sale of XRP on other exchanges being non-securities. In a rejoinder, Ripple filed a cross-appeal to address various issues raised by the regulator and challenge the $125 million penalty. Although the SEC withdrew its appeal in March, Ripple’s cross-appeal was still active, hence the need for an indicative ruling to advance the resolution. An indicative ruling refers to a court’s statement on its potential rule on a motion that falls within its purview. Reacting to the update, Ripple’s legal chief Stuart Alderoty clarified , “Nothing in today’s order changes Ripple’s wins (i.e. XRP is not a security, etc). This is about procedural concerns with the dismissal of Ripple’s cross-appeal.” He added that they would revisit the issue with the court. For his part, Fred Rispoli, a pro-crypto attorney, viewed Judge Torres’ rejection as a ‘waste’ of her time, five years on the case. But he noted that a resolution may take a month to achieve. “I do think that will get it done, but that’s going to take at least 2-3 weeks for Ripple and SEC to put together and file. Another week or two for the judge to rule.” Interestingly, the XRP market was positive despite the update, according to CoinGlass exchange netflow data. In the past 12 hours, nearly $50M worth of XRP (negative, red) were moved from exchanges for self-custody. Source: Coinglass When zoomed out on the 7-day period, over $270M XRP were withdrawn from exchanges, reflecting bullish expectations of future rallies. Likewise, Futures market retail activity was at a neutral level, a contrast to the ‘too many retail’ threshold hit during last year’s rally. Source: CryptoQuant Historically, a massive spike in retail has been used as a liquidity exit and potential ‘top’ indicator. Simply put, the current XRP retail status meant more growth could be feasible. That said, XRP slipped 6% after the update from $2.6 to $2.4.
Massive coin unlocks pose potential supply shocks for PYTH and OP altcoins. Technical indicators suggest downward pressure remains unless key resistances break. Continue Reading: Market Faces Volatility as Altcoins Unlock Billions The post Market Faces Volatility as Altcoins Unlock Billions appeared first on COINTURK NEWS .
In a recent analysis by cryptocurrency expert Apsk32, the correlation between Bitcoin’s value and gold has garnered attention as Bitcoin established a new high alongside precious metals. This trend, historically
Judge Torres rejects Ripple-SEC motion to lift XRP injunction and cut civil penalty Court cites procedural flaws and failure to show public interest in proposed deal Legal experts expect revised motion, new brief required before case returns to appeal U.S. District Judge Analisa Torres has denied a joint request from Ripple Labs and the Securities and Exchange Commission (SEC) that aimed to change XRP case terms in their ongoing legal case. The motion, which was originally filed on May 8, sought to remove a permanent injunction on Ripple’s institutional XRP sales and reduce the company’s civil penalty from an initial $125 million down to $50 million . Judge Torres, however, issued a court order on May 15 rejecting this proposal. Her decision cited procedural deficiencies and a failure by the parties to adequately justify how the proposed changes would serve the public interest. The SEC’s attempt to renegotiate settlement terms comes after leadership changes within the agency, including the resignation of former Chair Gary Gensler. #XRPCommunity #SECGov v. #Ripple #XRP Judge Torres has denied the parties’ motion for an indicative ruling. “… The post XRP Case Setback: Ripple-SEC Joint Motion Fails to Clear Court’s Procedural Bar appeared first on Coin Edition .
Institutional interest in Bitcoin remains robust as US-listed spot ETFs attract significant inflows, reflecting ongoing confidence in the crypto market. Despite market fluctuations, the total net inflows of approximately $115
The post Hyperliquid (HYPE) Price Analysis: A Breakout to $28 Coming Soon? appeared first on Coinpedia Fintech News Hyperliquid’s native token, HYPE, is garnering attention from traders, with strong indicators hinting at a sustained bullish momentum. A steady rise in Open Interest, coupled with significant gains in market cap and trade volumes, underscores growing market activity and investor confidence. Wondering where the HYPE price is heading next? This price analysis will solve all your queries. Is the Open Interest Fueling HYPE’s Growth? As evident from the chart by CoinGlass , the Open Interest for HYPE has been on a steady rise, currently standing at $906.76 million. This consistent incline in OI indicates that new money is flowing into the market, hinting at growing trader participation and interest in the altcoin. Moreover, rising OI, particularly alongside increasing price and volume, often suggests that the current bullish trend may continue. Hyperliquid (HYPE) Price Analysis: Hyperliquid’s HYPE is currently changing hands at $26.70, up 8.30% in the past 24 hours, and 9.46% over the past week. The 4-hour chart shows a clear uptrend, with price trading well above the 9-period SMA at $25.59. However, traders are advised to take a cautious move, as HYPE is currently in a selling zone. The recent breakout above $26.50 points to bullish continuation, with resistance at $27.20 and next target near $28.00. Support lies around the $24.50 mark. Market cap rose by 8.59% to $8.92B with a 24-hour volume spike of 27.06%, indicating strong trader interest and volatility. Read our Hyperliquid (HYPE) Price Prediction 2025, 2026-2030 for long-term price targets! FAQs What does rising Open Interest in HYPE mean? The growing Open Interest suggests that new money is entering the asset, which is often a sign of increasing trader participation. Is HYPE in a bullish trend right now? Yes, with the recent surge above the resistance level at $26.50, and it trading above key moving averages, HYPE is in a bullish trend. What is the HYPE price today? Hyperliquid’s HYPE is currently changing hands at $26.70, with a gain of 8.30% over the previous day.
As May 2025 unfolds, momentum is building behind several high-profile cryptocurrencies. Analysts are now highlighting Solana (SOL), SEI Network (SEI), and XRP as key contenders poised for significant breakouts in the second half of the month. These tokens are responding to structural upgrades, renewed institutional attention, and improved market sentiment. Meanwhile, MAGACOINFINANCE is quietly establishing itself as an early-stage opportunity that’s starting to draw meaningful attention. JOIN NOW — $0.007 LISTING IS COMING FAST! Solana and SEI Make Headlines with Ecosystem Developments Solana continues to impress analysts with its sustained DeFi growth. Fragmetric, a Solana-based protocol, has surpassed $200 million in total value locked (TVL), underscoring the strength of the ecosystem. Although recent exploits at Loopscale—another Solana-based lending platform—led to losses exceeding 5.7 million USDC and 1,200 SOL , recovery efforts and improved network security have helped maintain investor confidence. SEI Network is also undergoing key infrastructure changes. Developers are considering transitioning to a pure EVM-compatible model , aimed at streamlining developer experience and expanding its user base. This comes alongside a strong market push—SEI recently jumped 7.2% in 24 hours , breaking above resistance at $0.275 . Analysts now view SEI as one of the most promising Layer 1 chains for agile deployment in 2025. XRP Rebounds with ETF Tailwinds and Whale Accumulation XRP is trading around $2.39 , up 8.5% in the past 24 hours , as it regains traction amid favorable regulatory headlines. Whale activity has surged, with nearly $2 billion worth of XRP accumulated in the past month. Technically, XRP has reclaimed its 100-hour simple moving average, with strong support at $2.30 . Institutional momentum continues to rise on the back of ETF filings and improved U.S. regulatory clarity. CLICK HERE – TIME IS RUNNING OUT MAGACOINFINANCE: Undervalued, Early, and Structurally Sound While the majors push toward breakout levels, MAGACOINFINANCE is delivering momentum at the presale level. With Stage 7 now active and a listing target of $0.007 , early investors are jumping in while bonus incentives last. The project emphasizes decentralization, community ownership, and a transparent contract framework—traits earning it coverage across presale platforms and crypto communities. Security and transparency are top priorities. A full audit has been completed, and token details are fully disclosed on-chain. The project’s active rollout strategy and expanding community engagement make it a high-potential candidate among early-stage altcoins. LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH MAGA50X Conclusion: Shifting Momentum Calls for Strategic Focus Solana, SEI, and XRP are well-positioned to lead mid-May’s market activity. Each has a clear technical narrative, growing ecosystem, or regulatory breakthrough supporting its outlook. For investors looking at higher ROI plays, MAGACOINFINANCE offers a compelling alternative—still early, increasingly visible, and backed by disciplined execution. To learn more about MAGACOINFINANCE , please visit Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Analyst Predicts SOLANA, SEI, and XRP Will Dominate the Mid-May Breakout Period
Binance Futures has announced the launch of a new USDⓈ-margined perpetual contract for Civic (CVC), expanding its range of leveraged trading products. Binance Futures Launches CVCUSDT Perpetual Contract with USDⓈ Margin with Up to 75x Leverage The CVCUSDT contract will go live on May 16 at 11:30 and will offer investors the opportunity to trade with up to 75x leverage. This launch is part of Binance’s efforts to expand trading options and improve the experience for Futures users. The CVCUSDT contract will also be integrated into Binance’s Futures Copy Trading platform within 24 hours of launch, allowing users to copy the strategies of top traders. At launch, the maximum funding rate for the CVCUSDT contract is set at +2.00% / -2.00%, with funding fee payments to be made every four hours. Binance continues to expand its Futures product line amid increasing demand for diversified derivatives in the digital asset market. For more information on contracts suitable for copy trading, users can refer to Binance’s Futures Copy Trading FAQ. *This is not investment advice. Continue Reading: Binance Futures Announces Listing of This Altcoin with 75x Leverage! Here Are the Details