Author: Maman Waheed

Franklin Templeton Joins XRP Spot ETF Race Amid

Franklin Templeton joins the XRP spot ETF race, adding momentum to institutional adoption amid SEC regulatory uncertainty. The SEC delays decisions on XRP, Litecoin, and Solana ETFs, but analysts remain optimistic about eventual approvals.

Analysts speculate on behind-the-scenes SEC-Ripple negotiations, hinting at a possible deal before the April deadline.

XRP-Spot ETF Filings

Activity in the US ETF space drew investor interest on Tuesday, March 11. Franklin Templeton filed for an XRP-spot ETF, joining a growing list of ETF issuers targeting institutional demand for XRP. 21Shares, Bitwise Invest, Canary Funds, Grayscale, and WisdomTree have also filed for XRP-spot ETFs. Bloomberg Intelligence Senior ETF Analyst Eric Balchunas referred to the Franklin Templeton filing and the influx of alt/meme-coin ETF filings, stating.

Franklin Templeton’s filing signals optimism that the SEC may approve altcoin ETFs, particularly in light of Trump’s election win and the anticipated regulatory overhaul. Bloomberg Intelligence analyst James Seyffart provided an update on recent crypto-spot ETF filings.

Atkins’ SEC Confirmation and Ripple Appeal

James Seyffart highlighted that Paul Atkins awaits confirmation as SEC Chair. The timing of his appointment could be significant, especially as the SEC navigates its appeal in the Ripple case. The agency filed its appeal-related opening brief on January 15, challenging the programmatic sales of the XRP ruling. Ripple must file its appeal-related reply brief by April 16.

The April 16 deadline suggests the SEC may delay its decision on whether to pursue or withdraw the appeal. Significantly, lawmakers could confirm Paul Atkins’ nomination before the April deadline. If lawmakers confirm Atkins before the deadline, Acting Chair Mark Uyeda, Commissioner Hester Peirce, and potential SEC Chair Atkins could collectively push for an appeal withdrawal.

Under internal rules, an agency vote, not the chair alone, determines whether to proceed with or drop an appeal. A quorum of at least three commissioners must be present for a decision. Pro-crypto lawyer Fred Rispoli suggested an agency vote on the Ripple appeal is a formality. Pro-crypto lawyer James ‘MetaLawMan’ Murphy recently speculated that ongoing SEC-Ripple negotiations may have delayed an appeal withdrawal. An appeal withdrawal could eliminate legal hurdles that may hinder XRP spot ETF approvals.

XRP Price Surge Amid Optimism and Key Factors

On Tuesday, March 11, XRP rallied 7.44%, reversing Monday’s 5.33% drop to close at $2.1718. XRP outperformed the broader crypto market, which gained 4.75%, taking the total market cap to $2.64 trillion. Investor optimism over a potential SEC appeal withdrawal and XRP-spot ETF approval drove demand.

Key factors influencing XRP’s price outlook include:

US Strategic Reserve Asset: A push for a multi-crypto reserve could improve market sentiment.

SEC Appeal Strategy: If the SEC drops its appeal, XRP could surge past its all-time high of $3.55. However, prolonged legal uncertainty might drag prices below $1.50.

XRP-Spot ETF Developments: Approval of an XRP-spot ETF could trigger institutional inflows, potentially lifting prices toward $5. However, an ongoing appeal may delay the process.

Macro Risks: Trade tensions and rising US inflation could push XRP toward the February low of $1.7938. On the other hand, easing trade tensions and softer inflation could support a recovery toward $2.50.

Bitcoin Rebounds Amid Politics

On March 11, bitcoin (BTC) ended a five-day losing streak, triggered by President Trump’s tariffs and Strategic Bitcoin Reserve (SBR) Executive Order. Fears of a US recession and disappointment over Trump’s reluctance to make a sizeable BTC purchase dragged BTC to a March 11 low of $76,635.

However, Senator Cynthia Lummis rekindled hopes for legislation that could enable the Trump administration to accumulate BTC as a national strategic reserve asset. After Trump’s election win, Senator Lummis introduced the Bitcoin Act. The bill proposes the US government acquire one million BTC over five years, with a 20-year mandatory holding period.

BTC-Spot ETFs Face Outflows

Despite optimism surrounding the Bitcoin Act, BTC-spot ETFs continued to face outflows. On March 10, the US BTC-spot ETF market reported net outflows of $393.3 million, extending its outflow streak to three sessions. US recession fears impacted institutional demand, leading BTC to the session low of $76,635.

Fidelity Wise Origin Bitcoin Fund (FBTC) had net outflows of $107.1 million. Grayscale Bitcoin Trust (GBTC) reported net outflows of $35.5 million. Franklin Bitcoin ETF (EZBC) saw net outflows of $33.7 million. Excluding flow data for iShares Bitcoin Trust (IBIT), the US BTC-spot ETF market reported $219.7 million in net outflows.

BTC-spot ETF flows are crucial for Bitcoin’s supply-demand balance and price trajectory. A third consecutive day of net outflows pressured BTC early in the March 12 session.

Final thoughts

The paper addresses essential changes in the bitcoin market, especially with relation to XRP’s spot ETF and institutional acceptance in front of continuous SEC regulatory ambiguity. Along with other prominent participants like Grayscale and Bitwise, Franklin Templeton’s decision to seek an XRP-spot ETF indicates growing institutional curiosity in XRP. Reflecting a change toward more regulated crypto investment products as institutional involvement in the sector increases, this activity emphasizes an increasing desire for cryptocurrency ETFs.

For the larger market, the continuous legal struggle between the SEC and Ripple is still absolutely vital. Particularly with pro-crypto leaders like Paul Atkins influencing SEC decisions, conjecture on the possible abandonment of the appeal in the Ripple case is inspiring hope. Should the SEC drop the appeal, XRP and other altcoin ETFs could potentially undergo a significant transformation and potentially pave the way for increased market acceptance.

March 12, 2025
XRP Struggles Amid Crypto Downturn Can It Recover

crypto price market is facing a downturn, and the XRP price drop is not immune to the impact. After reaching an all-time high of $3.40 in mid-January, XRP has experienced a significant drop, now trading around $2.20. This drop, which represents a 35% decline over the past two months, has raised concerns among investors about the future of the token.

As the crypto market experiences broader market-wide losses, the question remains: can XRP price drop back to $3, or will it crash to $1.50?

Factors Behind XRP’s Price Drop

Several key factors have contributed to the current downtrend in XRP’s price. Bitcoin has seen a drop of 4%, and other altcoins, such as Ethereum (ETH), Solana (SOL), and XRP, have also experienced significant losses. The overall market is down by 7%, and the recent market dip is primarily attributed to geopolitical factors, such as rising tensions in the U.S.-China trade war, Donald Trump’s executive order preventing taxpayer funds from purchasing altcoins, and a massive $616 million in liquidations, primarily from long positions.

XRP Faces Profitability Decline

XRP has also faced internal challenges as its price continues to decline. On-chain data reveals that the amount of XRP held in profit has decreased by 6.39 billion tokens in just one week, marking its lowest level of the year. This drop in profitability has resulted in a higher number of XRP holders at a loss, leading to increased selling pressure. This sentiment could lower the price in the short term, as traders may continue to offload their positions.

XRP’s Declining Performance

One key reason for XRP’s lackluster performance is the noticeable slowdown in new investor demand. According to Santiment, only 4,516 new wallet addresses were created on a recent Sunday to trade XRP. This is the lowest daily count recorded for the year, signaling a drop in fresh investments. A decrease in demand typically leads to slower trading activity, which weakens support for the token. If this trend continues, it will be difficult for XRP to recover and sustain upward momentum in the short term.

Moreover, broader market sentiment is not helping. Morgan Stanley analyst Michael Wilson has forecasted a 5% drop in the S&P 500 in the year’s first half, which could drag XRP and other altcoins lower. As market liquidity tightens, investors may retreat from riskier assets like altcoins, adding to XRP’s downward pressure.

XRP Faces Key Resistance

On the technical side, XRP has faced significant resistance since its all-time high. The token has been trading below a descending trendline, indicating a bearish pattern characterized by lower highs. As long as XRP fails to break above this descending trendline, it remains vulnerable to further downside pressure.

Currently, XRP is hovering around $2.17, with resistance at $2.93. If the price fails to break through this resistance, it could continue its downward trajectory. In such a case, the following key support level to watch would be $1.47. XRP may test this support level if selling pressure intensifies, which could trigger further declines toward $1.50 or lower.

XRP’s Struggle for Recovery

For XRP to reverse its price decline, it would need a substantial shift in sentiment and intense buying pressure. If XRP breaks above the descending trendline, the next significant resistance is $2.93. A breakout above this level could signal a recovery and provide hope for a potential rebound to $3. However, with demand at a yearly low and bearish sentiment still dominating, XRP faces a brutal battle in the near term.

Unless investor interest picks up and market conditions improve, XRP could remain under pressure, facing the risk of further declines in the coming weeks.

Final thoughts

XRP’s future price action largely depends on external market factors and internal demand for the token. If the broader market downturn continues and XRP fails to break through key resistance levels, the price could drop, potentially testing levels as low as $1.50. However, if investor interest picks up and the market sentiment shifts, a rebound to $3 or higher is still possible.

In conclusion, the short-term outlook for XRP is challenging, with the risk of further losses. However, XRP’s long-term recovery will depend on various factors, including new demand, broader market conditions, and the crypto market’s ability to regain its bullish momentum.

March 11, 2025
Bitcoin Ethereum Arbitrum Flare and Pi Network Outlook

Arbitrum token price decline (BTC) dipped below $83,000 on Tuesday, March 4, when the tariffs went into effect; by Thursday, specific tariffs were suspended or delayed, and Bitcoin bounced back above $90,000. On Sunday, it dipped below $83,000 again and is down 11.8% over the past seven days. Ethereum (ETH), meanwhile, is hovering above $2,000 and is down 18.2% over the same timeframe.

Arbitrum token price decline, As we head into a new week, crypto.news chose to spotlight three altcoins: Arbitrum arb-9.28%Arbitrum, Flare flr-1%Flare, and Pi Network pi-4.24% Pi Network

Arbitrum’s Decline and Future Outlook

Arbitrum has been in a strong downward trend for about two years. In 2023, it peaked at $2.4253 and became the second-biggest layer-2 blockchain in the industry. It eventually dropped to a record low of $0.312. Why did it crash? Arbitrum is a highly dilutive cryptocurrency. It has a circulating supply of 4.41 billion against a total supply of 10 billion coins. It releases 479,068 new tokens daily, and this week, it will unlock 93.2 million. These unlocks will go on until April 2027.

The Arbitrum token has been in a steep downward trend in the past few days and has just dropped below the key support at $0.4310. It has remained below the 50-day moving average, while the Relative Strength Index has drifted downwards. Therefore, the token will likely keep falling ahead and after the token unlock. If this happens, the next ARB price level will be $0.25. Arbitrum was developed by Offchain Labs, a New York-based company founded by Steven Goldfeder, Ed Felten, and Harry Kalodner.

Flare Token Price Outlook

Flare is another top crypto market to watch as it unlocks tokens worth $28.16 million, equivalent to 2.90% of those in circulation. It has already unlocked about 68% of all tokens in circulation. Flare token has retreated from a high of $0.03840 on December 3 to $0.01575, its lowest level since Nov. 15. It has crashed below the 50-day moving average. On the positive side, it has formed a falling wedge pattern whose two lines are about to converge. Therefore, there is a likelihood that the Flare price will bounce back and possibly retest the 50-day moving average at $0.0220.

Flare was developed by Flare Networks, founded by Hugo Philion, Sean Rowan, and Francisco Riordan. The Its blockchain aims to enable smart contracts and interoperability with non-smart-contract networks like Bitcoin and XRP. The token plays multiple roles within the ecosystem, including governance, where holders can vote on network proposals, and participation in the Flare Time Series Oracle. In this decentralized oracle system, users can earn rewards.

Additionally, FLR can be used as collateral within decentralized finance (DeFi) applications and to pay for transaction fees on the network.

Pi Network Token Decline

Pi Network, the popular tap-to-earn token, has crashed in the past few days, reaching a low of $1.3960, its lowest level since February 2023. This decline happened after it emerged that Pi would unlock over 1.4 billion tokens this year. Pi coin price has dropped below the key support at $1.5337, the neckline of a head and shoulders pattern. It has also formed a small bearish pennant pattern and moved slightly below the 50-period weighted moving average. Technicals suggest that the value of Pi will continue falling as sellers target the psychological point at $1.00.

The other top cryptocurrencies to watch this week will be Aptos, Perpetual Protocol, and Apecoin, which will unlock millions of tokens. Mainstream coins like Bitcoin, Ethereum, and XRP will also be focused this week as traders watch their price action after remaining in a tight range for weeks. On the positive side, a potential listing by top exchanges like Binance and Coinbase may provide relief.

Pi Network was created by Stanford graduates Dr. Nicolas Kokkalis, Dr. Chengdiao Fan, and initially Vincent McPhillip.

Final thoughts

The paper emphasizes the volatility of the bitcoin market since outside events like tariffs cause notable price changes for the coin. It showed the market is susceptible to such effects when it sank momentarily below $83,000 but recovered above $90,000 before declining again. Conversely, Ethereum showed an 18.2% drop over the past week, highlighting the more general difficulties in the market.

Arbitrum’s huge running supply and continuous token unlocking cause problems. The production of millions of additional tokens dilutes its value, so the price can keep declining and maybe hit $0.25. Investors should exercise care in this scenario since these unlockings will persist until 2027, exerting long-term negative pressure.

March 11, 2025
Bitcoin Drops to $80k Amid Trump’s Economic Concerns

Bitcoin prices drop again to $80k, pointing to Trump’s economic policy changes. Bitcoin price drop at the time of writing; BTC is at $82k.

The crypto market fell 7% today, its overall value decreasing to $2.68 trillion. Top crypto markets such as Solana and XRP fell nearly 7%, with Ethereum falling by a more resounding 8%, trading at around the $2,000 level. Despite falling 4.97%, Bitcoin maintained its dominance at 60%, holding a trading level of $82,043 at the time of writing.

$616 Million in Liquidations as Bitcoin

Bitcoin price drop According to Coinglass data, market volatility led to massive liquidations amounting to $616 million over the past 24 hours. Long-position traders faced most of these losses, accounting for $540.49 million in liquidations. Bitcoin alone contributed significantly to this trend, with $231 million being liquidated from its positions.

Adding to the market volatility, Bitcoin futures on the Chicago Mercantile Exchange (CME) opened at $82k on March 10, down by $4,320 from the previous day’s close at $86k. It was the second-biggest one-day drop in Bitcoin futures this month, following a record $10,350 drop on March 3.

Trump’s Economic Policy Impact

The recent market decline was triggered by economic policy concerns triggered by a statement by U.S. President Donald Trump during a Fox News interview on March 9. Trump admitted his economic policies, including budget cuts and trade tariffs, would result in short-term economic suffering. This admission triggered fear among investors, who became cautious when investing in cryptocurrency and other financial markets.

Some crypto market observers compared this with the harsh anti-inflationary policies of previous Federal Reserve Chairman Paul Volcker in the 1980s. While Volcker’s policies managed to control inflation and pave the way for long-term economic growth, they first created colossal market turbulence.

Hayes Warns Bitcoin Decline

BitMEX co-founder Arthur Hayes cautioned that Bitcoin could fall further and tested the level at $78k. He added that most Bitcoin options are around $70k to $75k, and if Bitcoin remains there, it will trigger further market realignments.

Investors and traders are now keenly monitoring future economic releases, such as the U.S. Consumer Price Index (CPI) on March 12 and the Producer Price Index (PPI) on March 13, to analyze the crypto market fluctuations. These releases will significantly influence the price of Bitcoin and other cryptocurrencies. So, every crypto enthusiast must watch the crypto market daily to gain more insights and make profitable decisions.

Final thoughts

The article gives a snapshot of the unstable situation in the cryptocurrency market, specifically the price movements of Bitcoin, the general market sell-off, and the possible impact of political and economic considerations. Bitcoin plummeted to $80k, but even with the 4.97% decline, it still held its position as the market leader, trading at $82,043 at the time of writing. This confirms Bitcoin’s volatility but also its relative robustness against other cryptos like Ethereum and Solana, whose falls were sharper.

A sharp $616 million worth of liquidations, which the longs dominated, was a record of short-run market volatility. The article outlines the risk involved in speculating in the crypto market, wherein price fluctuations easily translate to deep liquidations for leveraged holders.

The market downturn was precipitated by President Trump’s comments regarding the possible economic pain brought about by his economic policies, such as budget reductions and trade tariffs. This triggered a wave of doubt among investors, not only in crypto but also in other financial markets. The analogy with Paul Volcker’s policies introduces a historical element, revealing that economic policies, though they lead to short-term volatility, can ultimately bring long-term stability.

March 10, 2025
Solana’s Price Crash and Meme Coin Woes

Solana price decline Solana sol-7.32% Solana, one of the top crypto markets, has plunged to $138, down by 53% from its highest level this year. This crash has coincided with the ongoing woes in its ecosystem, as most meme coins have plunged. CoinGecko data shows that all Solana meme coins’ market cap crashed from over $25 billion in January to $7.6 billion—official Trump-4.46 % Official Trump. The most significant Solana meme coin has dropped by 10% in the last seven days, giving it a market cap of $2.4 billion.

Other meme coins, such as Bonk, Dogecoin, Pudgy Penguins, and Fartcoin, have all slipped by over 20% in the last seven days. Notably, only the Official Trump meme coin has a market cap of over $1 billion. Solana meme coins have become toxic assets after some high-profile blow-ups in the past few weeks.

The prospects of being included in President Donald Trump’s crypto stockpile have not boosted the Solana price. A polymarket poll with $301,000 in assets shows that the odds of a Strategic Solana Reserve have dropped to just 25% from over 40% earlier this month. These odds have jumped to 86% on Polymarket.

Solana (SOL) Price Analysis

The daily chart shows that the SOL price has steeped downward in the past few months. It has plunged from near $300 to $140 today. SOL crashed below the ascending trendline that connects the lowest swings since August last year. It also moved below the key support level at $170, the lowest swing on Jan. 13, and the neckline of the double-top pattern.

It has also formed a death cross pattern as the 50-day and 200-day moving averages have flipped each other. Therefore, the coin will likely continue falling, with the next target level being the psychological point at $100.

Solana’s Appeal for Meme Coins

Solana was launched in 2020 by Anatoly Yakovenko, a former Qualcomm engineer, and co-founders Greg Fitzgerald and Raj Gokal. Its blockchain was designed to offer high throughput low transaction costs and fast processing speeds using a unique consensus mechanism called Proof of History (PoH) combined with Proof of Stake (PoS).

Meme coins thrive on their blockchain for a few key reasons. This makes it affordable for developers to launch tokens and for users to trade them frequently, which is ideal for meme coins’ speculative and often high-volume trading nature. It can process thousands of transactions per second, which ensures liquidity and minimizes slippage during trading, attracting meme coin enthusiasts who usually chase rapid gains.

This ease of deployment encourages quick launches of meme coins, often with minimal effort. These factors combined make Solana a popular choice for launching meme coins, despite the space’s risks of volatility and scams.

Final thoughts

This article presents a mixed picture of Solana’s current market landscape, indicating problems and promising possibilities. Solana’s price declined to $138. This, combined with the unprecedented drop in Solana-based meme coins’ market cap, means a massive storm within the system—the meltdown of meme coins such as Official Trump and Libra. The general downward slide in Solana’s market cap implies that investors are getting more cautious. They are especially cautious in the unpredictable space of meme coins.

Solana seems to be at a juncture, caught between the wreckage of meme coin crashes and the potential for recovery through institutional acceptance or more extensive use cases. Investors are becoming increasingly wary. Solana’s future may depend on whether it can escape the meme coin mess and exhibit more long-term growth.

March 10, 2025
Ethereum Breakdown Bearish Signals and Price Outlook

Ethereum (ETH) broke down from a 994-day support area. ETH fell to a new 2025 low and the lowest price in 465 days. Has Ethereum’s bullish cycle ended, or will the trend reverse Ethereum’s performance? This cycle has been nothing short of disastrous. The price failed to reach a new all-time high and has fallen by 50% since its cycle high.

Last week, ETH closed below an ascending support trend line for the first time since the bull run started. This is a worrying sign that the bull market is over, especially since it occurred against the backdrop of positive news regarding the first White House Crypto Market summit. Let’s look at the charts and see if this is the case. If yes, where will Ethereum bottom?

Ethereum Breaks Long-Term Support

Last week, Ethereum dropped below a long-term ascending support trend line for the first time since the current bull run started. More accurately, the trend line had existed for 994 days. Breakdowns from such long-term structures often mean that the underlying trend has ended and a new one has started in the other direction. To further reiterate the bearish outlook, the ETH price closed below the $2,300 horizontal area for the first time in 2025, falling to a new yearly low of $1,989, the lowest price since November 2023.

So, the Ethereum drop makes the price action bearish, suggesting that the cycle has ended. Finally, technical indicators are also bearish. The Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) are falling and are into bearish territory at 50 and 0, respectively. If the downward movement continues, the next closest support area will be at $1,200, a level not seen since the start of 2023.

Bearish Long-Term Outlook for Ethereum

The long-term wave count for ETH is extremely bearish. According to the count, ETH completed a five-wave upward movement between 2019 and 2021. If true, the entire cycle’s upward movement has been part of a corrective wave X in a W-X-Y structure. The fact that a descending parallel channel contains the movement and the ETH price has now fallen below it increases the likelihood that this is the correct count. Giving waves W and Y the same length leads to a target of $760, breaking below the previous cycle’s low.

If reached, it would be the lowest price since the start of 2021. This could mark the end of the correction, after which a significant upward movement would follow. On the other hand, moving back inside the long-term channel would give some hope for a relief rally since that would also cause a reclaim of the long-term trend line. However, the movement inside the channel is extremely choppy, indicative of a correction. Therefore, reclaiming the channel will not put a valid bullish count on the table.
The Ethereum network keeps advancing, with prospective updates such as the Pectra update in early 2025, which is designed to maximize scalability and competitiveness. These advancements, in addition to broadened institutional take-up and constructive regulatory adjustments, set up Ethereum for important progress in 2025 and afterward.

Final thoughts

This article is bearish for Ethereum (ETH) and highlights technical signals and the breakdown of key support levels that have characterized its bull market. The most alarming aspect is that ETH has broken below a long-term rising support trend line, which had been intact for 994 days. This breakdown indicates the end of Ethereum’s bullish phase with a possible move into a bear market. The price action, closing below the $2,300 level and falling to a new low of $1,989, lends credibility to this argument.

Technical markers such as the RSI and MACD are in favor of the bearish perspective, which reflects decreasing momentum. Further, the long-term wave count suggests that the current bull market for Ethereum was a corrective wave pattern and a target price as low as $760 if the downtrend continues. This would be a drastic fall from its present levels.

March 10, 2025
Bitcoin Pepe’s Surge Amid Crypto Market Uncertainty

Bitcoin Pepe Despite President Trump’s talks about a US crypto reserve, crypto majors have been under pressure. Amid the tariff jitters and economic uncertainties, the market is in a risk-off mood.

Nonetheless, savvy investors continue to look for opportunities beyond the majors. Bitcoin Pepe, the first meme ICO on the Bitcoin Pepe network, is one of the projects on the radar of meme lovers. Its one-of-a-kind infrastructure and virality have positioned it for a crypto revolution, with its early adopters earning hefty.

Bitcoin Price Faces Resistance

After plunging below it in the previous session, the bitcoin price is back above the crucial support zone of $85,000. However, the market remains noisy as extreme fear overshadows the highly anticipated bull run of 2025.

The bulls will likely face resistance along the 25-day EMA at $92,177 in the near term. That may yield range-bound trading with the major finding support at $85,073. Further rebounding will place the next target at $94.553.

Bitcoin Pepe’s Rise and Ripple’s Struggles

The meme culture has revolutionized the crypto market as savvy investors look for profitable opportunities in affordable projects with tremendous growth potential. The popularity of meme coins has boosted the market to a market cap of $59 billion, according to CoinGecko. It is no wonder Bitcoin Pepe, the first meme ICO on the Bitcoin network, has caught the industry by storm. About three weeks after its presale launch, the project has already sold out its first five stages. During that period, it raised over $3.8 million. Besides, its token price has surged by 27.6% to the current $0.0268.

Indeed, Bitcoin Pepe is designed for early adopters. By the end of the remaining 24 sessions, the token price will have cumulative gains of 311.4% at $0.0864. This success is not just built on its virality; its infrastructure adds to the project’s growth potential. To begin with, it combines Solana’s speed with Bitcoin’s stability. Besides, the PEP-20 standard enables one to launch meme coins on Bitcoin. These factors are set to sustain the project’s upward momentum before and after its listing in the year’s second quarter. Find out how to buy Bitcoin Pepe here.

Ripple’s price underperforms as talks of a crypto reserve underwhelm the market. Ripple’s price extended its gains on Wednesday, erasing some of the losses recorded at the start of the week. It remains under pressure as investors maintain a risk-off mood with a crypto fear and greed index of 20. Optimism over a US crypto reserve, as highlighted by President Trump, appears to be fading. A look at its daily chart shows the altcoin’s price hovering around the 2—and 50-day EMAs. In the near term, the range between $2.2631 and $2.6065 will be worth watching. Further rebounding will likely have the ripple price find resistance at $2.7450. However, a pullback past the lower support zone of $2.164 will invalidate this thesis.

Final thoughts

The article paints a mixed picture of the current state of the crypto market, particularly highlighting how major cryptocurrencies like Bitcoin and Ripple are facing pressures despite significant developments. Bitcoin’s volatile position is noted, hovering just above crucial support levels despite talks of a potential bull run in 2025. The risk-off sentiment and extreme market fear are limiting its upward momentum. This reflects broader uncertainty in global markets, with Bitcoin struggling to maintain its gains and facing resistance levels around $92,177. The market is in a wait-and-see mode, with traders cautious but optimistic about future growth.

Bitcoin Pepe is introduced as an intriguing project in the meme coin space. The project’s successful presale, combined with its unique combination of Solana’s speed and Bitcoin’s stability, positions it as an innovative player in the meme coin sector. Early investors are seeing substantial gains, and the project’s innovative infrastructure could sustain its momentum. While Bitcoin Pepe appears promising for short-term gains, it’s crucial to note that meme coins are notoriously volatile, and long-term sustainability remains a question.

March 8, 2025
TRON Price Faces Resistance at $0.2475 Amid Bullish Signals

TRON price resistance has surged from $0.2170 to $0.2475 recently. The $0.2475 level has become a critical resistance that TRX struggles to break. Network activity reached a 2-month high with 2.94 million active addresses on March 4. Analysts predict TRX could reach $1 based on historical 200–300% surges. Technical indicators show a consolidation phase with bullish momentum building. TRON (TRX) tests a key resistance level after a week of volatile price action. The cryptocurrency has been on an upward trend since February 28, but faces challenges exceeding the $0.2475 price point.

TRX started its recent climb on February 28 at 09:00 UTC when it broke out from a trading range after hitting a low of $0.2170. This breakout formed what analysts call a “spike and channel pattern” and coincided with a Golden Cross, a bullish technical indicator. The price increased to $0.2370 as the Relative Strength Index (RSI) moved above 70. This high RSI reading suggested the asset was becoming overbought. TRX Price

TRX Price Analysis

On March 1, the Moving Average Convergence Divergence (MACD) showed a Death Cross at 05:00 UTC. Both indicators pointed to lower prices ahead, and the price did break downward from its channel at 11:00 UTC that day. Rather than continuing downward, TRX formed a new range. This range broke to the upside at 22:00 UTC, supported by another Golden Cross in the MACD indicator. The upward momentum continued on March 2. TRX formed another range that broke upward at 13:00 UTC, pushing the price to the weekly high of $0.2475.

At this point, the cryptocurrency failed to maintain its upward channel. Instead, it formed an expanding triangle pattern at 18:00 UTC on March 2. Technical indicators again suggested a downward move was coming. The RSI moved above 70, and the MACD showed another Death Cross at 23:00 UTC. Despite these bearish signals, the expanding triangle broke upward on March 3 at 10:00 UTC. However, this upward breakout failed to hold as predicted by the indicators.

TRX Price Action Key Signals

An engulfing candlestick pattern at 14:30 UTC pushed the price lower. This downward spike brought TRX back to the $0.2265 level. The RSI fell below 30, indicating oversold conditions. A Golden Cross appeared in the MACD at 02:00 UTC. These signals suggested a potential bounce, and TRX found support at $0.2270. The price formed another upward channel in an attempt to resume the uptrend. At 01:30 UTC, the RSI moved above 70 again, and the MACD showed a Death Cross, warning of another potential drop.

TRX continued to push toward the resistance level of $0.2475. The upward channel broke downward at 10:00 UTC on March 6, bringing the price to $0.2350 and creating a support zone. As the RSI dropped below 30 and another Golden Cross appeared in the MACD, the price rose again at 01:00 UTC on March 7. It formed another channel upward. Upon reaching the resistance level of $0.2475 again, TRX formed a range. This range broke upward at 05:00 UTC on March 8, the most recent development.

The $0.2475 level has proven to be a critical resistance point for TRON. If TRX can push above this level, further bullish momentum could follow.

Network Activity

Network activity on the TRON blockchain has shown substantial growth recently. On March 4, the network recorded 2.94 million active addresses, its highest level in two months. This increase in active addresses indicates growing interest in the TRON platform. Blockchain health is often measured by active address count, as it shows actual network usage. TRX is trading at around $0.2458, showing a 2% increase over the past 24 hours. The day’s trading range has been between $0.2407 and $0.2465.

The price action shows stable support at the $0.240 level. Many traders view this as a sign of strength that could lead to further gains in the coming weeks. Technical indicators show buying pressure exceeding selling pressure. The Bull Bear Power analysis reports a positive value of 0.0105, indicating a slight bullish bias. However, the current buying momentum lacks the strength for significant price gains. The market remains in a consolidation phase for now.

TRON is currently at the lower edge of the Bollinger Bands indicator, which suggests relatively low market volatility.

TRON’s Bullish Outlook

The tight Bollinger Bands point to a market stabilization phase. Analysts note that a move above the middle band could signal an upcoming rise in price. Some cryptocurrency analysts have made bold predictions about TRON’s future price. Several reports suggest a potential target of $1 for TRX in the upcoming bull cycle. These predictions are based on historical data showing TRX achieved 200–300% increases during specific periods. Between October and November 2024, TRX rose from $0.16 to $0.426 by December 2024.

The critical question remains whether TRX can break through the $0.2475 resistance level. This breakthrough would be needed to continue the current bullish trend.

Final thoughts

This TRON (TRX) article highlights a period of volatility and consolidation for the crypto with significant attention on the key resistance level of $0.2475. The price action suggests an ongoing struggle to break above this level despite multiple bullish signals such as Golden Cross formations in the MACD and increased network activity. At the same time, technical indicators like the RSI and MACD also point to moments of potential price correction, as evidenced by the formation of Death Crosses and RSI readings indicating overbought conditions.

March 8, 2025
World Liberty Finance Doubles ETH Holdings in a Week

World Liberty Ethereum Finance has doubled its ETH holdings in a week. The analytics platform reports that the project’s ETH holdings have surged 180% over the past few days, from around 2,200 ETH on Monday to more than 7,000 by Thursday.

Arkham reports that Ethereum is World Liberty’s largest holding, with 7,094 ETH worth around $16.2 million.

World Liberty Holdings in Red

On March 6, Arkham alerted users that World Liberty Financial had just sent $25 million in USDC to a separate contract, which purchased $10 million in ETH and $10 million in wrapped Bitcoin (WBTC), and $1.5 million in a token called MOVE. MOVE is the native token of the Movement Network, a venture capital-backed blockchain programming language that facilitates EVM (Ethereum Virtual Machine) compatibility. The token skyrocketed 26% over the past few hours as the Trump DeFi platform loaded up.

However, the nine tokens purchased by World Liberty are currently in a total loss of $89 million, reported Lookonchain on March 6. Much of this is due to the impact of Trump’s trade tariffs on crypto markets. In addition to ETH, WBTC, and USDT, World Liberty also holds 40 million Tron (TRX) tokens worth $10 million, 10 billion WhiteRock (WHITE) tokens worth $3.4 million, and a handful of more obscure tokens such as ONDO, COLLE, GROK, and HOPPY.

Ethereum remains the industry standard for DeFi, with a 52.6% market share of total value locked, according to DeFiLlama. However, it has lost some ground to Solana recently, which has seen its DeFi market share increase to 8.4% with a TVL of $9 billion. Solana took a massive hit recently as the meme coin bubble burst because the network was primarily used to mint and trade the tokens.

ETH Price Reaction

ETH has woken up over the past 12 hours, gaining just over 6% to reclaim $2,300 during Asian trading on Thursday. Nevertheless, the asset fell to a 16-month low of just over $2,000 earlier this week when analysts warned of a huge collapse in ETH prices if the head and shoulders chart pattern breaks down. ETH appears to have bounced off support and is edging higher, though it remains down 16% over the past fortnight.

Could you clarify what you’re asking about Ethereum’s (ETH) price reaction? Are you referring to its current price movement, a specific event that caused a price change, or something else? Let me know how you’d like to approach it.

Final thoughts

The article highlights World Liberty Finance’s significant increase in Ethereum (ETH) holdings, which surged from around 2,200 ETH to more than 7,000 ETH within just a few days. This aggressive move suggests the company is bullish on Ethereum. However, the sudden shift raises questions about their underlying strategy and market outlook, especially considering the broader volatility in crypto markets.

In addition to ETH, World Liberty has expanded its portfolio to include wrapped Bitcoin (WBTC), MOVE (a token associated with the Movement Network), and other assets like TRX and WhiteRock (WHITE). This diversification reflects their interest in various blockchain ecosystems and exposes them to potential risks from these different assets, each with its own volatility.

The article also mentions the influence of external factors, such as Trump’s trade tariffs, on the crypto markets. This serves as a reminder that crypto is still highly susceptible to geopolitical and macroeconomic forces, despite its decentralized nature. Meanwhile, Ethereum’s price action has been tumultuous, dipping below $2,000 before recovering to around $2,300. This price fluctuation highlights the ongoing uncertainty in the market, though the bounce back from its lows indicates that ETH still has intense support levels. The 16% drop over the past two weeks suggests that Ethereum, like the broader market, is navigating a period of instability.

March 7, 2025
Solana’s Growth and Challenges Amid Crypto Decline

Solana DEX volumes According to VanEck’s February Crypto Market Report, decentralized exchange (DEX) volumes have shown resilience despite declining meme coin trading. Solana DEX volumes the report indicates that Solana’s trading activity briefly surpassed that of the Ethereum ecosystem, including its Layer 1 (L1) and Layer 2 (L2) networks.

Solana’s 2025 Growth and Challenges

VanEck’s analysts revealed that Solana’s (SOL) price increased by 191% in 2024, while its on-chain revenues grew by 700%. The blockchain’s low transaction fees, averaging $0.05 compared to Ethereum’s $1.27, have contributed to its ability to handle high trade volumes efficiently. Meme coin trading has added significantly to Solana’s revenue, accounting for approximately 80%. Pump.fun, the network’s meme coin maker, has collected over $577 million in fees within a year.

However, the market has been affected by concerns about insider trading and automated bots purchasing tokens before retail investors, with the LIBRA coin controversy an example. Launched in February, the coin became mired in allegations of insider trading and market manipulation when its value quickly collapsed, leaving investors reeling from millions worth of losses.

That same month, a collapse in meme coin trading led to an 80% drop in Solana’s stablecoin transfers from its January levels. Other trading metrics also declined, with DEX volumes falling by 55%, fees collected dropping by 63%, and MEV activity decreasing by 63%. Despite these setbacks, the network’s overall trading volumes remained competitive with Ethereum’s entire ecosystem. Further, the blockchain is set to undergo multiple protocol upgrades, which are expected to enhance its performance.

Ethereum’s Decline in Revenue

Ethereum has also seen a decline in revenue and overall usage. Over the past year, gas prices have fallen 88%, and its revenue has dropped 93%. The network’s share of total blockchain revenue decreased from 55% in February 2024 to 24% in February 2025. According to Matthew Siegel and Patrick Bush from VanEck, Ethereum’s strategy of encouraging users to move to L2 solutions has reduced activity on its mainnet. As a result, major projects such as Uniswap and Ondo have begun expanding beyond the network.

Meanwhile, its transaction throughput remains lower than competing blockchains, with a recorded maximum of 63 transactions per second (TPS) compared to Solana’s 4,000 TPS. To address these challenges, validators increased gas limits by 20% in February, raising transaction capacity from 30 million to 36 million gas units. The upcoming Pectra upgrade this month includes changes to L2 blob capacity, validator stake limits, and staking processes.

Additionally, the Ethereum Foundation has introduced Intents, a software update that aims to improve transaction efficiency across Layer 2 networks.

Final thoughts

The article provides an insightful analysis of Solana’s current position in the cryptocurrency market, especially compared to Ethereum. It highlights the resilience of Solana’s decentralized exchange (DEX) volumes, noting the impact of meme coin trading and its ability to handle high trade volumes due to low transaction fees. Despite recent setbacks—such as the drop in meme coin activity and some controversy around insider trading—the network’s overall trading volumes remain competitive with Ethereum’s ecosystem.

The 191% increase in Solana’s price and 700% growth in on-chain revenue in 2024 showcase its growth potential. However, challenges like insider trading and market manipulation highlight the need for greater market integrity. The upcoming protocol upgrades also indicate that Solana is working to maintain its edge in scalability and performance.

March 7, 2025