Ethereum news today: ‘Could ETH do 100x?’ questions Tom Lee

Is this Ethereum's breakout moment or just the calm before the next wave of volatility?

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Dubai Sets Global Precedent As VARA Approves First Crypto Options License

Dubai has officially cemented its position at the forefront of global crypto regulation. This bold regulatory step positions Dubai as a global trailblazer in shaping the future of institutional crypto markets and blending innovation with compliance. As jurisdictions around the world debate how to handle digital assets, Dubai is already laying the groundwork for the financial infrastructure of tomorrow. Why This Approval Matters For Global Financial Markets The Virtual Assets Regulatory Authority (VARA) has officially approved the first-ever cryptocurrency options license, marking it a breakthrough moment for the emirate region’s rapidly evolving digital asset ecosystem. Related Reading: China Greenlights Launch Of Its First Crypto Stablecoin—Report As highlighted in the press release, the permit was granted to a Nomura-backed digital assets firm, Laser Digital. This permit has authorized the firm to offer over-the-counter (OTC) crypto options trading to institutional investors under VARA’s regulatory framework. This development solidifies Dubai’s status as a premier global hub for cryptocurrency and blockchain innovation. With VARA granting Dubai its first crypto options license, it provides a clear regulatory pathway for firms seeking to offer complex instruments and crypto derivatives. By doing so, Dubai is setting the bar for how governments can blend innovation with compliance. The approval of Laser Digital under VARA’s framework reflects a commitment to fostering a business-friendly environment with robust regulatory standards, including Anti-Money Laundering (AML) and know-your-customer (KYC) requirements. This gives institutional investors confidence that the space is both progressive and secure. Why Listed Spot Trading Launched Matters For US Crypto Markets While the first-ever cryptocurrency options license has been approved, the US Commodity Futures Trading Commission (CFTC), under Caroline D. Pham, has launched a listed spot crypto trading initiative. According to the release, this license opens the door for regulated exchanges such as the Chicago Mercantile Exchange (CME) to offer direct trading of real crypto tokens, not just for futures contracts, but under official United States oversight. Related Reading: Has The Crypto Market Bottomed? Analyst Says ‘This Is It’ It is important to note that spot trading is where you buy and sell the actual asset itself, such as Bitcoin or Ethereum, for immediate settlement, which hasn’t been regulated at the federal level. It’s different from trading futures or derivatives, where traders speculate on price without owning the asset. “Under President Trump’s strong leadership and vision, the CFTC is full speed ahead on enabling immediate trading of digital assets at the Federal level in coordination with the SEC’s Project Crypto,” Acting Chairman Pham stated. If this goes through, it would bring spot and futures trading under the same regulatory rulebook, making the crypto market simpler, clearer, and more secure for everyone involved, which is a step forward for the crypto industry. It will also pave the way for retail and institutional investors to engage in crypto markets with a higher level of trust, knowing that trading is taking place on federally regulated exchanges. Featured image from iStock, chart from Tradingview.com

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President Trump nominates Miran to Federal Reserve’s Board of Governors

US President Donald Trump has appointed Council of Economic Advisors chairman Dr Stephen Miran to temporarily fill a vacancy in the Federal Reserve’s Board of Governors. The Thursday appointment also comes amid months of pressure on Fed Chairman Jerome Powell to step down demanding the board stage a coup to lower interest rates. The Fed lowers rates to allow individuals and businesses to borrow more easily. On the other hand, to fight rising prices, it raises interest rates to make borrowing more difficult as well as reduce spending. Miran’s interim term will run until next year Miran will serve the remaining term of the outgoing Federal Reserve Governor Adriana Kugler who steps down on Friday. His term will run until 31 January 2026. “It is my Great Honor to announce that I have chosen Dr. Stephen Miran, current Chairman of the Council of Economic Advisors, to serve in the just vacated seat on the Federal Reserve Board until January 31, 2026,” wrote President Trump on Truth Social, adding that the government will “continue to search for a permanent replacement.” “Stephen has a Ph.D. in Economics from Harvard University, and served with distinction in my First Administration. He has been with me from the beginning of my Second Term, and his expertise in the World of Economics is unparalleled — He will do an outstanding job. Congratulations Stephen!” Trump. Miran has served as an advisor of economic policy for Treasury Department during Trump’s first administration and was also a senior strategist at Hudson Bay Capital Management. Some enthusiasts commenting on the news on X platform opine that Miran’s appointment is a step in the right direction, given his vast experience in the field. “His background and experience in economics will no doubt be valuable during this interim period,” wrote Satyam Singh. It is my Great Honor to announce that I have chosen Dr. Stephen Miran, current Chairman of the Council of Economic Advisors, to serve in the just vacated seat on the Federal Reserve Board until January 31, 2026. In the meantime, we will continue to search for a permanent… pic.twitter.com/oUhwtUXVwL — Unofficial Trump on X (@trump_repost) August 7, 2025 Could Miran’s appointment bring about rates cut? According to reports , his appointment will bring not only a Trump administration official into the Fed board, but most likely also offer another official in favor of the central bank cutting interest rates as soon as its September policy meeting. Recently, Fed governors Chris Waller and Michelle Bowman voted the Fed’s decision to keep interest rates flat within the range of 4.25% to 4.50%. A recent Bloomberg report – on Thursday last week revealed that Waller is emerging as the most preferred candidate to replace Jerome Powell as a Fed Chair among Trump’s advisers. Last week, the outgoing Kugler unexpectedly announced that she was stepping down from her role from the Fed’s Board of Governors, less than six months before her time was expected to expire on January 31, next year. She has served as Fed governor since September 13, 2023 and will now return to Georgetown University as a professor this fall. As previously reported by Cryptopolitan , Kugler’s departure will now give President Trump another opportunity to challenge Powell as he only needs Senate Republicans to approve his nomination. The vocal President Trump is of the view that the obtaining inflation no longer requires high interest rates. However, Powell has warned that increasing tariffs may feed into consumer prices. “Higher tariffs have begun to show through more clearly to prices of some goods, but their overall effects on economic activity and inflation remain to be seen,” he told reporters on Wednesday. Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.

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Here Is How to Transform Small Investment Into Big Crypto Profits

Every crypto cycle brings stories that feel almost too wild to believe—regular people turning a few hundred dollars into fortunes overnight. It’s the bartender who bought a meme coin on a whim and walked away with enough to buy a house. Or the college student who stumbled into a Telegram group and ended up retiring before thirty. These tales may sound like urban legends, but they’re real. They remind us that in crypto, timing is everything—and getting in early is the single most powerful advantage an investor can have. The trick isn’t just buying any coin; it’s finding the right one before everyone else does . While the next Shiba or Dogecoin won’t announce itself in flashing lights, some presales are beginning to show similar early signs. And among them, a handful of standout names – including MAGACOIN FINANCE – are building momentum fast enough to make smart money take notice. Historic Small-Cap Gains Reveal Crypto’s Power Few stories capture crypto’s explosive potential like Shiba Inu. A modest investment in SHIB during its 2020 launch grew into multi-million-dollar returns within a year, documented by mainstream analysis for its staggering 1,300,000% gain . Similarly, Dogecoin surged 8,000% in early 2021 alone, fueled by community memes and celebrity endorsements. Catching the Crypto Presale at Just the Right Moment Could Be Life‑Changing Being early remains everything. Ethereum famously launched at just ~$0.30 in 2015 – long before DeFi and NFTs propelled it into prominence. That kind of timing is now possible again with newer presales. An investment of around $3,300 today can still be poised for massive upside – if chosen wisely . Presale Early Entry Beats Post‑Listing Doom Getting in after launch is often too late. Many tokens stage their biggest rallies during the presale phase when caps are low and awareness limited. Once a token hits exchanges and accumulates hundreds of millions in market cap, further multi-fold returns become exponentially harder. This is why analysts now suggest major upside lies in vetted presales with solid narratives—not crowded afterthoughts. Strategists Forecast MAGACOIN FINANCE Could Realistically 53X Within the Year Among presales currently under the spotlight, MAGACOIN FINANCE has risen to prominence. Analyst models forecast that a $3,300 entry could realistically grow to around $108,900 – a 53X return – before exchange listings. This projection is supported by escalating demand: weekly investor metrics show surges of 300–400% , whale activity is growing, and presale allocation phases are closing fast. Unlike meme tokens that rely solely on hype, MAGACOIN FINANCE boasts hash-based scarcity tokenomics, zero-tax trading, and completed audits – stockpiling both credibility and momentum now. Conclusion In crypto, a single smart move can rewrite your financial story. From early buyers of SHIB to unexpected millionaires from DOGE or PEPE, history shows it’s not about chasing hype – it’s about recognizing potential early. For investors wondering how to turn a small amount into meaningful profit, the answer often lies in getting ahead of the curve. Projects like MAGACOIN FINANCE are generating that rare energy: early traction, strong community growth, and a real shot at breakout performance . With analysts projecting a realistic 53X upside and its presale nearing capacity, many now view MAGACOIN FINANCE as the kind of asymmetric bet that defined previous crypto success stories . If the past is any guide, the next wave of life-changing gains may already be forming – and spotting it early is everything. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance

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Tesla’s Crucial AI Shift: Dojo Supercomputer Disbanded, Impacting Self-Driving Ambitions

BitcoinWorld Tesla’s Crucial AI Shift: Dojo Supercomputer Disbanded, Impacting Self-Driving Ambitions In the fast-paced world of technology and innovation, where digital assets and blockchain solutions are constantly redefining industries, even established giants like Tesla are making pivotal strategic decisions. For those closely following the intersection of automotive tech and artificial intelligence, a recent development at Tesla has sent ripples through the industry: the automaker is reportedly disbanding its team behind the Dojo supercomputer , a project once touted by Elon Musk as central to achieving full self-driving capabilities. What Happened to Tesla’s Dojo Supercomputer? The news, first reported by Bloomberg, indicates a significant pivot in Tesla’s approach to in-house chip development for driverless technology. The Dojo supercomputer , a project Elon Musk has been passionately discussing since 2019, was envisioned as the cornerstone of Tesla’s AI ambitions. Its purpose was to process the truly vast amounts of video data required for advanced autonomous systems. However, it appears this vision is undergoing a radical transformation. Leadership Departure: Peter Bannon, Dojo’s lead, is reportedly leaving Tesla. Team Reassignment: Remaining team members will be absorbed into other data center and compute projects within the company. Preceding Exits: This disbanding follows the departure of approximately 20 workers who left to form their own AI company, DensityAI. This new startup, founded by former Dojo head Ganesh Venkataramanan, Bill Chang, and Ben Floering, aims to build chips, hardware, and software for AI data centers, spanning robotics, AI agents, and automotive applications. This strategic shift comes at a critical juncture for Tesla. CEO Elon Musk has consistently pushed to redefine Tesla not just as an automotive company, but as a leader in AI and robotics. This narrative has been a key part of his pitch to shareholders, especially amidst the anticipation for Tesla’s robotaxi service. The Evolving Landscape of AI and Self-Driving Elon Musk’s ambitious claims about self-driving technology have always captivated the public and investors alike. Dojo was positioned as the computational backbone that would unlock the complex algorithms necessary for truly autonomous vehicles. In 2023, Morgan Stanley even predicted that Dojo could add a staggering $500 billion to Tesla’s market value, envisioning new revenue streams from robotaxis and software services. Just last year, Musk reiterated that Tesla’s AI team would “double down” on Dojo in preparation for the robotaxi reveal. However, the journey towards full self-driving has been fraught with challenges. A limited robotaxi launch in Austin in June reportedly encountered incidents of problematic driving behavior. While Musk briefly mentioned Dojo during the company’s second-quarter earnings call, discussions around the project seemed to halt around August 2024. Instead, Musk began touting ‘Cortex,’ described as Tesla’s “giant new AI training supercluster being built at Tesla HQ in Austin to solve real-world AI.” This shift in focus hinted at potential redundancies or a change in direction for the company’s internal compute efforts. Strategic Shift: Beyond In-House Chips to External Partnerships The Dojo supercomputer project was a dual effort: part supercomputing infrastructure, part in-house chip manufacturing. At its first AI Day in 2021, Tesla formally unveiled Dojo, showcasing its custom-designed D1 chip. This chip, presented by Venkataramanan, was intended to work in conjunction with Nvidia’s GPUs to power the Dojo system. Tesla had also indicated plans for a next-generation D2 chip, designed to address any information flow bottlenecks present in its predecessor. Now, sources suggest that Tesla is pivoting towards increased reliance on external technology partners. This includes deepening its relationship with Nvidia, as well as collaborating with other key players like AMD for compute power and Samsung for chip manufacturing. This change is already evident: last month, Tesla reportedly signed a $16.5 billion deal with Samsung to produce its AI6 inference chips. These chips are designed for scalability, intended to power everything from FSD and Tesla’s Optimus humanoid robots to high-performance AI training in data centers. Musk himself alluded to this convergence during Tesla’s second-quarter earnings call, stating, “Thinking about Dojo 3 and the AI6 inference chip, it seems like intuitively, we want to try to find convergence there, where it’s basically the same chip.” This statement suggests a move towards a more integrated and potentially less fragmented approach to their AI hardware, possibly leveraging external expertise more heavily. Implications for Tesla’s AI Ambitions and Future This major strategic shift regarding Dojo has significant implications for Tesla’s AI ambitions. While the company is clearly not abandoning its pursuit of advanced AI and robotics, it is re-evaluating the optimal path to achieve these goals. The decision to scale back in-house chip development for Dojo suggests a pragmatic approach, perhaps acknowledging the immense resources and specialized expertise required to compete with established chip giants like Nvidia and AMD. The news also surfaces amidst ongoing discussions about Elon Musk’s compensation. Tesla’s board is reportedly offering him a substantial $29 billion pay package, partly to ensure his continued focus on Tesla’s AI endeavors, rather than diverting too much attention to his other ventures, such as the pure-play AI startup xAI. This highlights the board’s emphasis on Tesla’s AI future, irrespective of the specific technological path taken. By relying more on external partners, Tesla might be able to accelerate its AI development by leveraging proven, cutting-edge hardware, rather than spending time and resources on developing proprietary solutions from scratch. This could free up internal teams to focus on core AI software, data processing, and application development – areas where Tesla already possesses significant strengths and unique datasets from its fleet. The disbanding of the Dojo team represents a tactical recalibration rather than a surrender of Tesla’s AI aspirations. It signals a pragmatic shift towards leveraging external expertise and established hardware providers, potentially accelerating its journey towards widespread self-driving and advanced robotics. While the path may change, Tesla’s commitment to pushing the boundaries of artificial intelligence remains unwavering, a development that continues to fascinate the broader tech and crypto communities. To learn more about the latest AI market trends, explore our article on key developments shaping AI features. This post Tesla’s Crucial AI Shift: Dojo Supercomputer Disbanded, Impacting Self-Driving Ambitions first appeared on BitcoinWorld and is written by Editorial Team

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Ripple v SEC: Case Officially Over, Appeals Dropped, XRP Eyes Breakout

XRP shatters legal shackles as the SEC case finally closes, unlocking Ripple’s full-scale expansion, regulatory clarity for crypto, and a tidal wave of market momentum. Ripple v SEC Case Has Ended, XRP Leaves Behind 5 Years of Uncertainty The lengthy legal standoff between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has officially

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Signed! Trump Order Opens 401(k)s To Crypto, Real Estate, And More

Trump’s order opens $8.7T in 401(k)s to crypto, real estate, and private equity—giving 70M Americans access to high-growth investments once off-limits.

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Ripple Gains Official US Recognition—Could XRP Overtake Ethereum and Bitcoin?

Ripple has received formal acknowledgment from US authorities, marking a significant milestone for the blockchain firm and its native token, XRP. This recognition highlights Ripple’s philanthropic initiatives and its growing influence in financial inclusion and blockchain innovation. While XRP’s momentum builds and analysts debate whether it could surpass Ethereum or even challenge Bitcoin’s dominance, a different kind of narrative being led by MAGACOIN FINANCE, a presale token projected to deliver outsized returns, is catching fire. XRP Challenges Ethereum’s #2 Spot In Q2 2025, XRP overtook Ethereum in retail trading revenue on Coinbase, claiming 13% of the platform’s retail transaction income compared to Ethereum’s 12%. Analysts attribute the shift to increased retail demand, renewed institutional interest, and growing speculation around a potential XRP ETF. This isn’t XRP’s first brush with second place. In January 2018, its market cap briefly surpassed Ethereum’s. Now, with XRP liquidity surging and forecasts predicting a 500% price increase to $12.50 by 2028, XRP could surpass ETH once again—especially if Ethereum’s momentum slows. Still, while Ethereum boasts deep developer networks and robust Layer 2 activity, its ETF inflows have recently stalled. That could create a window for XRP to reclaim the #2 spot if current trends hold. Bitcoin Still the Mountain to Climb Despite its gains, XRP faces a steep climb to reach Bitcoin’s throne. As of mid-2025, Bitcoin’s market cap stands above $2 trillion, compared to XRP’s ~$138 billion. To catch up, XRP would need to rally nearly 1,500%—an unlikely feat without major institutional adoption and multiple ETF approvals. While XRP has shown strength in specific markets like India—where it briefly overtook Bitcoin in trading volume—it would take a historic shift in demand to dethrone Bitcoin as the industry’s flagship asset. MAGACOIN FINANCE Enters the Spotlight As XRP eyes Ethereum’s market cap and investors look beyond large-cap tokens, a new contender is rising: MAGACOIN FINANCE. Analysts are calling it one of the most explosive presale opportunities in the current cycle. Strategists predict MAGACOIN could outperform Layer 1 giants like Solana and Cardano, forecasting potential gains of up to 15,000%. The project combines DeFi infrastructure, governance utilities, and staking incentives to offer early participants high-risk, high-reward exposure. Online sentiment is surging. Forums, Telegram groups, and X (formerly Twitter) communities are abuzz with speculation. For investors seeking the next wave of market momentum, MAGACOIN is increasingly seen as a serious bet. Conclusion Ripple’s U.S. recognition and XRP’s shifting position in the market spotlight a maturing crypto landscape. As XRP contends with Ethereum and eyes longer-term moves against Bitcoin, early-stage projects like MAGACOIN FINANCE offer a compelling alternative path for traders looking to capitalize on market rotation. Whether institutional capital continues to flow into XRP—or diversifies into the next Solana or Cardano—remains to be seen, but the crypto leaderboard is more dynamic than ever because MAGACOIN FINANCE is the clear winner of the market. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: Ripple Gains Official US Recognition—Could XRP Overtake Ethereum and Bitcoin?

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Crypto Price Prediction Today 7 August – XRP, Cardano, Worldcoin

Crypto pioneer Bitcoin soared to an unprecedented all-time high price of $122,838 last month. Although it has since declined by approximately 5%, the overall market mood remains optimistic. Crypto collectively rose 3% in the last 24 hours to post a market cap of $3.9 trillion as investors anticipate another breakout rally. This positive momentum has also revitalized several top-tier altcoins and the best meme coins . Over the past year, projects like XRP, TRON, Solana, Sui Network, Pepe, Trump, SPX6900, and FartCoin have each established new historical price records, reflecting strong confidence among digital asset investors. Further still, the U.S. government seems closer than ever to delivering long-promised regulations for the cryptocurrency market. Just last week, the SEC unveiled “ Project Crypto ,” a strategic initiative aimed at overhauling securities laws and bringing long-awaited clarity to the digital finance landscape. With bullish conditions fermenting, these digital assets are likely to surpass prior highs before the end of the year. Ripple (XRP): Banking Cross Payments Crypto to Gain More Record Price Highs Before New Year? On July 18, Ripple’s native token, Ripple’s XRP ($XRP) , reached a new peak of $3.65, surpassing its 2018 high of $3.40. Though it has since corrected to about $3.08, a roughly 15.8% dip, XRP has recovered 4.4% in the past 24 hours, indicating renewed momentum. XRP’s appeal lies in its fast transaction capabilities, ultra-low fees, and streamlined global payment infrastructure without relying on traditional intermediaries. It has earned institutional recognition and has even received endorsements from entities like the United Nations. A major catalyst for XRP came in 2023 when a U.S. court ruled that its retail sales don’t qualify as securities, easing long-standing regulatory concerns and bolstering investor confidence. The lawsuit officially terminated earlier this year. Over the past year, XRP has delivered an impressive 494% gain—dramatically outpacing Bitcoin’s 103% return during the same span. Technical signals point to continued bullishness. The Relative Strength Index (RSI) has risen to 54, indicating growing buying interest. XRP has rallied 34% over the past month, outstripping Bitcoin’s comparatively modest 6.9% gain. Throughout July, XRP’s price broke away from its 30-day moving average, a move driven by strong buying pressure. As prices stabilize and converge with the average, downside risk appears limited, especially with solid support forming near the $3 level. A bullish flag pattern that developed between late 2024 and early 2025 could suggest a push toward the $4 price zone in the coming weeks. Cardano (ADA): Eco-Friendly Ethereum Challenger Poised for Major Price Appreciation Before 2026 Cardano ($ADA) has returned to bullish form, rising 32% over the past month. Strong technical indicators and increased institutional participation are driving this surge. Alongside Solana and XRP, Cardano has been mentioned by Donald Trump as a potential component of a U.S. crypto reserve portfolio. Created in 2014 by Ethereum co-founder Charles Hoskinson, Cardano stands out for its eco-friendly Proof-of-Stake (PoS) mechanism and its research-first development model, an approach that even influenced Ethereum’s own evolution. With a current market capitalization exceeding $27.9 billion, ADA would need to triple in value to rival Solana and potentially become the second-largest crypto asset behind Ethereum. Currently priced at around $0.7705, ADA has increased 6.4% in the past 24 hours, keeping pace with broader market gains. Some projections suggest a climb to $1.50 by fall, with a long-term target of $3.09 by year’s end—a possible 300% increase from current prices. The technical outlook shows a bullish flag pattern, hinting at more upside potential. While ADA’s RSI fell from 85 to 54, it’s now reversing upward as capital flows back into major altcoins. These patterns mirror the price movements of XRP and Solana, suggesting a possible market-wide rally. Expect some resistance around the $1.15 level, with firm support established between $0.85 and $0.90. Worldcoin ($WLD): OpenAI CEO’s Crypto Project Could Challenge Previous Price High with GPT-5 News Worldcoin ($WLD) made waves with a controversial debut back in 2023. Its unique premise to bank the unbanked attracted lots of debate over whether it was utopian or dystopian. Basically, Individuals seeking $WLD tokens must visit a physical device known as the “Orb,” which scans their government-issued IDs and biometrically scans their irises to confirm them as a human before distributing tokens to them. Orbs are currently deployed in cities around the world, including Berlin, Dubai, London, Mexico City, Miami, New York City, San Francisco, Seoul, and Tokyo. Still, the project has faced substantial scrutiny. Ethereum’s founder, Vitalik Buterin, publicly outlined various common concerns in a blog post—highlighting issues related to privacy, inclusivity, centralization risks, and long-term security. He warned that realizing Worldcoin’s vision could take years. Despite these criticisms, Worldcoin has nearly 15 million users across 160 countries, according to its official website . Still, two signs indicate the WLD token may be making a run on its former high soon. The first is the appearance of a falling wedge pattern across the asset’s support and resistance lines between December 2024 and March 2025. The second is that OpenAI will be unveiling the new ChatGPT-5 model any day now. Although the projects are generally unrelated, good news from OpenAI makes the market bullish on Worldcoin as investors bet on it being more than just a Sam Altman side project. On its way up, Worldcoin may face resistance between $2 and $2.50, but under favourable market conditions, it could easily recapture its December high of $4 and maybe even advance to its former ATH of $11.74 Snorter ($SNORT): Presale Meme Token with Built-In Trading Tools Gains Steam For investors chasing high-return opportunities, early-stage fixed-price crypto token presales continue to attract strong interest. Snorter ($SNORT) is a fresh entrant in the meme coin space offering real-world utility. Developed on Solana and geared for cross-chain functionality, Snorter integrates seamlessly with Telegram, providing live market updates directly within chats. Charging a minimal fee of just 0.85% per trade, Snorter competes with established platforms such as BonkBot, Maestro, and Trojan. It offers a powerful toolkit that includes front-running-resistant swaps, copy trading features, automated orders, and intelligent scam detection—making it a well-rounded solution for active traders. Investor interest is climbing rapidly, with more than $2.8 million already raised during the presale stage. Early participants can earn staking rewards up to 154% APY, though rates will decrease as more users enter the pool. The token’s current price is $0.1005, with modest increases planned in future presale rounds, rewarding early movers. Snorter seeks to merge meme coin virality with practical trading utility, making it an attractive choice for both veteran meme coin fans and newcomers looking for cutting-edge tools to stay abreast of a fast-paced market. Keep up with Snorter on X or Instagram . Click Here to Participate in the Presale The post Crypto Price Prediction Today 7 August – XRP, Cardano, Worldcoin appeared first on Cryptonews .

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Perplexity AI Predicts the Price of XRP, Solana and Cardano by the End of 2025

With Bitcoin maintaining a challenge to its recent all-time high, Perplexity AI is feeling bullish about several prominent altcoins, suggesting the early stages of a bull market may be underway. Bitcoin surged to a new record high of $122,838 last month, sparking renewed excitement among analysts who believe this rally could serve as the catalyst for broader global crypto adoption. In a major regulatory update, the U.S. Securities and Exchange Commission (SEC) recently introduced “ Project Crypto ,” a landmark policy initiative aimed at updating securities regulations to better fit the industry. SEC Chairman Paul S. Atkins referred to it as a “cornerstone” of the agency’s alignment with President Trump’s ambition to establish the United States as the world leader in crypto. As a result, despite some market stagnation, optimism is surging again. Many believe the next major bull wave could eclipse the peaks reached during the 2021 rally. Here are three leading altcoins that stand to benefit the most, according to Perplexity. XRP (Ripple): Perplexity AI Sees 200% Growth Potential by Late 2025 Perplexity AI says Ripple’s XRP ($XRP) could reach approximately $9 by Q4 2025, a nearly 200% increase from its present valuation of around $3.07. The projection follows a strong performance over recent weeks. On July 18, XRP reached a new high of $3.65, topping its previous peak from 2018. Although the price has since declined by around 16%, the token has posted a 34% gain over the past month, outshining both Bitcoin and most leading altcoins. Much of the bullish sentiment stems from increasing legal clarity and the possibility of an XRP spot ETF, which could attract traditional capital from risk-averse traditional finance (TradFi) investors. XRP, designed for fast and cost-efficient cross-border payments, received an endorsement from the UN Capital Development Fund in 2024, further legitimizing its global remittance use case as Ripple realized its mission to replace SWIFT. Ripple’s lengthy legal battle with the SEC concluded in March 2025, after the agency dropped its lawsuit. A 2023 court ruling had previously clarified that XRP’s retail transactions were not securities, marking a major turning point for the token’s regulatory status. Should XRP reclaim its all-time high, Perplexity believes it could push well beyond the $5 range, especially if macroeconomic and geopolitical conditions stabilize and regulatory clarity boosts market confidence. Technical signals support a potential consolidation phase. The Relative Strength Index (RSI) has cooled from 86 to 54 but is bouncing back up, indicating fresh investments are accumulating momentum. Over the past year, XRP has surged by 484%, vastly outperforming Bitcoin’s 103% return. Solana ($SOL): ETF Buzz Could Drive Price to $500 by Year-End 2025, says Perplexity AI Solana ($SOL) has reinforced its position as a key player in the smart contract ecosystem, now boasting a market capitalization of over $91.8 billion, supported by growing institutional adoption and developer engagement. Speculation about a potential Solana spot ETF in the U.S. has driven the asset’s recent price gains, following the precedent set by Bitcoin and Ethereum ETFs. Rumors are also circulating from one of President Trump’s own proposals on social media that Solana might be included as a hold-only asset in a potential US national crypto reserve, adding further legitimacy to its role in the evolving digital economy. From a technical perspective, SOL has broken through a long-term downward trend. After peaking above $250 in January and bottoming out near $100 in April, the token has rebounded to $170. A descending wedge breakout pattern has analysts anticipating a possible parabolic move. Perplexity AI projects that Solana could climb to $500 by the end of 2025, nearly doubling its previous all-time high of $293.31. That would represent a sixfold return from current prices if market conditions remain favorable. If bullish momentum persists through the summer, Solana may hit $320 by fall, with the potential to exceed Perplexity’s upper price range estimate of $500 under ideal circumstances. U.S. regulatory clarity will play a crucial role in shaping Solana’s trajectory, particularly as it continues gaining traction in institutional portfolios. Cardano ($ADA): Perplexity Sees 4x Return Potential for Green Blockchain Contender Cardano ($ADA) has risen 30% over the past month as enthusiasm builds for eco-friendly, scalable blockchain platforms. In a notable development, President Donald Trump recently mentioned ADA on Truth Social while proposing the creation of a U.S. Strategic Crypto Reserve. Though Bitcoin was the focal point, ADA was also floated as an asset that the government can hold if it has acquired it through law enforcement seizures. Founded by Ethereum co-founder Charles Hoskinson, Cardano has earned recognition for its energy-efficient Proof-of-Stake model and peer-reviewed approach to development, factors that continue to attract institutional and retail attention alike. Currently trading near $0.7591 with a $27.5 billion market cap, ADA is still considered undervalued relative to its potential. Perplexity forecasts a rise to $2.69 by year-end 2025, which would equate to a 3.5x increase. Technically, ADA has been forming a falling wedge pattern since late 2024. A breakout above the $1.10 resistance could set the stage for a move toward $1.50 by autumn. Hitting the $2.69 target would put ADA just 13% down from its previous 2021 peak of $3.09. TOKEN6900: Meme Coin Darling Could Yield 1,000x Gains from Presale Prices While the spotlight often shines on large-cap cryptocurrencies, meme coins continue to captivate retail traders with the allure of astronomical returns. One such emerging favorite is TOKEN6900 (T6900) , a humor-driven Ethereum-based token that has raised over $1.65 million just two weeks into its presale—indicating strong initial interest. Gunna drop the hottest tune of 2025 this Saturday Token6900 is the new meta pic.twitter.com/GZZhcjud6j — Token6900 (@Token_6900) July 30, 2025 T6900 leans fully into meme culture with an ironic twist. Its creators describe it as being “powered by delusion, satire, and the collective hallucination of hyper-online investors,” forgoing conventional utility in favor of viral appeal. Drawing inspiration from the earlier SPX6900 meme token, T6900 pokes fun at inflated asset valuations seen in speculative cycles. As a comedic touch, the token supply is set at 930,993,091—exactly one token more than SPX6900’s total—reinforcing its parodic nature. Despite its satirical branding, T6900 offers a staking mechanism that allows holders to earn passive income, encouraging long-term participation amid short-term hype. The current presale price is $0.006875 over on the official site , with the next tier set to activate in less than 48 hours—giving early backers a limited window to lock in lower rates. Keep up to date with the project by following its official X and Instagram accounts. Click Here to Participate in the Presale The post Perplexity AI Predicts the Price of XRP, Solana and Cardano by the End of 2025 appeared first on Cryptonews .

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