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new era for DeFi or ‘a sad day for DAOs’?

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Uniswap Founder Proposes Activation of Long-Awaited UNI Fee-Switch

Hayden Adams, the founder of Uniswap, yesterday announced his proposal to activate the long-awaited UNI fee-switch on the decentralized finance (DeFi) sector’s leading exchange. Widely expected to pass this time, the move would mark a significant milestone for DeFi — but not everyone is convinced.

### The Proposal

The proposal would see a portion of fees, which currently go to liquidity providers (LPs), redirected to the buy-and-burn of UNI tokens. For most pools, this would amount to one-sixth of the total fees, with some of the lower tiers contributing up to 25%.

As part of the initiative, 100 million UNI tokens will be burned to represent the amount that “would have been burned if fees were on from the beginning.” Additionally, sequencer fees from Unichain will also be directed towards the UNI burn. Other features under consideration include earning fees on external pools and capturing Miner Extractable Value (MEV) on the protocol.

Notably, the wildly unpopular front-end fees — which have generated almost $180 million for Uniswap Labs to date — will be abolished under this proposal.

*Read more: [Uniswap’s new trading fee neglects UNI holders]*

### Overcoming Past Challenges

Despite multiple fruitless attempts in the past, the UNI fee-switch has yet to be implemented. Legal concerns have often been cited as reasons for delay. Adams refers to this as “a hostile regulatory environment that cost thousands of hours and tens of millions in legal fees.”

However, the Trump Administration’s more permissive regulatory landscape may have helped ease earlier worries. Coming this time directly from founder Hayden Adams — who speaks as if the proposal is a done deal — it seems likely that the changes will be enacted following 22 days of governance proceedings.

*Read more: [To fee or not to fee? That is the question — does Uniswap have an answer?]*

### A New Era for DeFi

Adams states that the “proposal comes as DeFi reaches an inflection point.” Alongside the shift in regulatory approach, he praises decentralized platforms’ “performance and scale,” the mainstream adoption of tokens, and increasing institutional interest as key tailwinds pushing the sector forward.

Uniswap remains DeFi’s dominant decentralized exchange, with approximately $5 billion of total value locked (TVL) and over $100 billion in trading volume in the past 30 days. During that period, it generated $109 million in fees — which, at a minimum, would translate to around $18 million worth of UNI tokens burned, approximately 0.3% of its $5.7 billion market cap.

Estimates using annualized revenue put the figure closer to $38 million monthly revenue, placing the scale of this initiative alongside similar buyback and burn programs like those for PUMP and HYPE tokens.

The idea has garnered popularity within the DeFi community, with $30 billion liquid staking giant Lido also considering similar buybacks. This “anti-cyclical” mechanism would increase buybacks during bull markets and tighten spending during tougher times.

*Read more: [Uniswap Labs launches Unichain without UNI unanimity]*

### Criticism and Concerns

Competitors warn that the reduction in swap fees going to liquidity providers may lead to an exodus of liquidity, potentially worsening trade execution and opening up opportunities for rival exchanges.

More broadly, supporters feel the move signals a new era of confidence for DeFi. Bankless’ Ryan Sean Adams summarized the moment as Uniswap “[keeping] a promise” and “inject[ing] a little belief back into our jaded souls.”

*Read more: [TradFi tactics win on Uniswap v3 says BIS study]*

### “A Sad Day for DAOs”?

Adams’ proposal has not escaped criticism. While many celebrate a long-awaited milestone, others have expressed concerns about what the move means for decentralized governance as a whole.

Worries over the influence of large UNI stakeholders such as a16z and Binance have fueled accusations of “decentralization theater.” Critics are frustrated by what they see as a further transfer of power to Uniswap Labs, whose actions are not governed by token holders.

Under the proposal, foundation teams would transition to a legal entity structure under Labs — a shift described by some as an admission that “DAOs are inefficient at governing and allocating resources.”

In response, Adams states there is an “explicit commitment from Labs ensuring Labs does not pursue strategies that conflict with token holder interests.” He also insists that Uniswap’s “vision has always been to minimize the need [for Labs’ intervention] by relying on automation and protocol decentralization.”

Others speculate that Uniswap never intended to have a token in the first place, only launching UNI in response to 2020 competitor SushiSwap. The fee-switch proposal “basically reverts this; buyback and burn is the mostly simple, boring way to do so.”

*Read more: [Is Uniswap becoming more TradFi than DeFi?]*

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The activation of the UNI fee-switch could represent a pivotal moment for Uniswap and the broader DeFi ecosystem, balancing innovation with governance challenges as the sector matures.
https://bitcoinethereumnews.com/tech/new-era-for-defi-or-a-sad-day-for-daos/

‘Perfect Storm’ of Catalysts Aligns for Crypto Bull Run

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A “Perfect Storm” of Bullish Catalysts Aligns for the Crypto Market

A constellation of fundamental, bullish catalysts is converging to set the stage for a significant rally in the crypto market. Both macroeconomic and structural factors are contributing to this momentum, suggesting that the next phase of the crypto bull run may be imminent.

**Macro Catalysts: Government Reopening and Fed Policy Shift**

The recent passage of the US Senate funding bill marks a critical step toward ending the longest government shutdown in US history. Passed by a 60-40 vote—with eight Democrats breaking ranks to join Republicans—the bill paves the way for a full reopening of government agencies and offices. This development is expected to restore stability and confidence in the broader economic landscape.

On the monetary policy front, the US Federal Reserve is signaling a shift toward easing. Governor Stephen Miran advocated for an interest rate cut in December as a proactive measure to counter potential economic softening. Additionally, the Fed has confirmed it will end Quantitative Tightening (QT) in December and initiate Quantitative Easing (QE) starting in Q1 2026. These moves typically inject liquidity into the markets, providing a favorable environment for risk assets like cryptocurrencies.

**Structural Catalysts: Regulatory Clarity and Altcoin ETF Surge**

Beyond macro factors, significant structural developments are enhancing the crypto market’s outlook. A recently released draft of the Crypto Market Structure Bill aims to grant the Commodity Futures Trading Commission (CFTC) oversight powers over the crypto industry. By shifting regulatory authority away from the SEC, the bill is expected to reduce uncertainties and foster greater confidence among market participants and crypto operators.

Another bullish structural indicator is the pipeline of 155 pending altcoin ETFs awaiting approval. The analyst highlights that following the US government’s reopening, these ETF applications are likely to receive increased attention. Approval of multiple altcoin ETFs could unlock substantial inflows from institutional investors, boosting demand and providing additional fuel for the crypto rally.

**Conclusion**

According to a prominent crypto analyst’s recent post on X, these intertwined events form the “perfect storm”—a collection of individual catalysts that, when combined, have the potential to ignite a powerful crypto market rally. Each factor is bullish on its own, but together they underscore a robust foundation for the next significant phase of growth in the cryptocurrency space.

*Related: 3 Key Signals Pointing Toward an Impending Altcoin Season*
https://bitcoinethereumnews.com/crypto/perfect-storm-of-catalysts-aligns-for-crypto-bull-run/

Solana News: Rothschild and PNC Financial Disclose SOL ETF Holdings in Filing

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**Rothschild and PNC Disclose Holdings in Solana ETFs as $336M Flows into Solana ETFs, Signaling Growing Institutional Interest in SOL**

Rothschild Investment and PNC Financial Services have recently disclosed their holdings in Solana ETFs, marking a significant indicator of growing institutional interest in the cryptocurrency Solana (SOL). This development comes amid strong inflows into spot Solana ETFs, despite ongoing volatility in the broader crypto market.

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### Rothschild Investment’s Move into Solana ETF

Rothschild Investment, a major player in traditional finance with approximately $1.5 billion in assets under management, has revealed its stake in the Volatility Shares Solana ETF (SOLZ). According to the latest filing with the U.S. Securities and Exchange Commission, Rothschild acquired 6,000 shares in SOLZ, valued at roughly $132,720.

This investment represents a strategic move into Solana, which is gaining attention as a promising blockchain platform for decentralized applications (dApps). Rothschild’s involvement in the Solana ETF is part of a broader trend of institutional adoption of crypto-based investment products. The firm already holds shares in other high-profile crypto ETFs, including the BlackRock iShares Bitcoin ETF (IBIT) and Grayscale Ethereum ETF (ETHE).

This recent purchase highlights growing confidence in Solana’s potential as an essential component in diversified crypto portfolios.

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### Increased Institutional Interest in Solana

The disclosed holdings from Rothschild and PNC follow a notable trend of rising institutional investment in Solana. Many investors are shifting focus from Bitcoin ETFs toward Solana, attracted by higher staking rewards offered through Solana-focused ETFs.

Notably, the Bitwise Solana Staking ETF (BSOL) and Grayscale Solana ETF (GSOL) have experienced significant inflows over recent weeks. Reports suggest that BSOL alone has received over $323 million in new investments, with GSOL also benefiting from strong inflows.

This growing interest underscores institutional investors’ belief in Solana’s long-term prospects and its expanding role in decentralized finance (DeFi).

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### Solana Price Rebounds Amid Growing ETF Inflows

Solana’s price has surged following the increased inflows into Solana ETFs. Over the past 24 hours, SOL has jumped nearly 5%, trading at approximately $167. This move aligns with analyst predictions, with the TD Sequential indicator signaling a potential buy opportunity for the asset.

Strong trading volume supports this positive sentiment, having increased by 55% in the last day. Additionally, Solana’s futures open interest has risen by nearly 3% to $7.8 billion, according to Coinglass data. Futures contracts on major exchanges such as CME and Binance have also seen increased activity, suggesting the market is gearing up for a sustained rally.

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### Conclusion

The disclosed holdings by Rothschild and PNC, coupled with robust inflows into Solana ETFs and a favorable price rebound, highlight growing institutional confidence in Solana. As interest in the cryptocurrency continues to build across spot and futures markets, Solana is emerging as a significant asset in the evolving cryptocurrency landscape. This trend signals increasing adoption and reinforces Solana’s role in the future of decentralized finance.

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*Stay tuned for further updates on Solana and the institutional adoption of cryptocurrency-based investment products.*
https://bitcoinethereumnews.com/tech/solana-news-rothschild-and-pnc-financial-disclose-sol-etf-holdings-in-filing/

XRP Set for a Big Week as Canary Capital ETF Launches on November 13

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**XRP Poised for Major Surge as Canary Capital XRP ETF Launches November 13**

XRP could be set for one of its biggest weeks in 2025, with asset manager Canary Capital readying the highly anticipated launch of its XRP ETF on November 13. As excitement builds, experts suggest the token’s value could see a significant jump.

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**Canary Capital XRP ETF Set for Thursday Debut**

Last week, Canary Capital filed an updated S-1 registration with the SEC, removing the “delaying amendment” that had previously held back the fund’s launch. With this regulatory hurdle cleared, the ETF is now scheduled to launch this Thursday.

Many analysts believe this development could boost XRP’s performance, especially as the token currently trades near multi-week support levels.

—

**Growing List of XRP Spot Funds Hitting the Market**

The Canary Capital ETF joins a growing lineup of XRP spot funds appearing on the DTCC. Franklin Templeton’s offering may debut on November 14, while Bitwise is expected to launch between November 19-20. Meanwhile, 21Shares and CoinShares are targeting mid-to-late November for their respective launches.

Anticipation around these ETF launches was evident at Ripple’s recent Swell conference. Teucrium CEO John Gilbertie told attendees, “The last half of November could be very important for XRP,” citing both institutional inflows and a broader trend toward real-world asset tokenization.

Gilbertie also advised investors to keep a long-term outlook: “Believe in it. Don’t worry about volatility. It will even out as adoption comes and more institutional money enters.”

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**XRP Products Deliver Promising Market Results**

Recent XRP product launches have shown strong performance. The REX-Osprey XRP ETF traded $37.7 million on its first day, marking the strongest ETF debut of 2025 to date. Similarly, the Teucrium 2x Long Daily XRP ETF attracted robust volumes through its first week—clear signs of strong market interest.

These indicators suggest the new Canary Capital ETF could also attract high inflows at its launch.

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**Is XRP Significantly Undervalued?**

A recent research report highlights the potential impact of these ETF launches on XRP’s value. At $2.40, analysts argue XRP remains one of the most undervalued large-cap cryptocurrencies. The report notes that spot Bitcoin ETFs drew over $50 billion in assets upon launch, and XRP doesn’t need inflows of that magnitude to see significant price appreciation. Even a fraction of that investment could help drive XRP much higher in the coming weeks.

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**Conclusion**

With several major ETF launches lined up and growing institutional interest, XRP could be on the verge of a breakout. Investors, both retail and institutional, will be watching closely as the landscape for XRP spot funds continues to evolve through November.
https://bitcoinethereumnews.com/tech/xrp-set-for-a-big-week-as-canary-capital-etf-launches-on-november-13/

SUI Price Prediction: $1.85 Target in Two Weeks Before $4.45 Recovery by Year-End 2025

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**SUI Price Prediction: Technical Correction Before Major Rally**

With SUI trading at $2.09 and down 3.40% in the last 24 hours, the cryptocurrency finds itself at a critical juncture. Multiple technical indicators and analyst predictions suggest a short-term correction before a significant medium-term recovery.

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### SUI Price Prediction Summary

#### Short-Term Outlook

The trend structure for SUI appears compromised in the near term. The RSI reading of 36.63 sits in neutral territory but shows no oversold bounce signal yet. However, the MACD histogram at 0.0025 provides the first glimmer of bullish momentum, suggesting selling pressure may be exhausting.

SUI’s position within the Bollinger Bands at 0.23 indicates the price sits closer to the lower band ($1.89), typically a zone where reversals occur. The daily ATR of $0.21 shows moderate volatility, meaning any breakout moves could be substantial.

Trading volume of $62.4 million on Binance spot markets remains healthy, indicating continued institutional interest despite the recent price decline. This volume profile supports the thesis that the current weakness represents consolidation rather than capitulation.

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### SUI Price Targets: Bull and Bear Scenarios

#### Bullish Case for SUI

The optimistic price prediction sees SUI testing $1.85 support followed by a sharp recovery toward immediate resistance at $2.72. Breaking this level would target the SMA 20 at $2.32, then the crucial $3.00 psychological milestone.

Success here opens the path to a medium-term target of $4.45 by year-end. The key technical catalysts for this bullish forecast include:

– MACD histogram turning positive
– RSI bouncing from oversold levels near 30
– Volume expansion on any price bounce

The 52-week high at $4.33 represents the ultimate bull target, requiring roughly a 107% gain from current levels.

#### Bearish Risk for SUI

The downside scenario involves SUI breaking below immediate support at $1.82, which could open the path toward the Bollinger Band lower bound at $1.89. Failure to hold this level sets sights on a major support zone between $1.60 and $1.70, where accumulation is expected to begin.

A break below $1.60 would signal a deeper correction toward strong support at $0.56. Although this scenario appears unlikely given current institutional interest and ongoing protocol development momentum, it remains a risk to monitor.

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### Should You Buy SUI Now?

#### Entry Strategy

The current setup suggests a wait-and-see approach for new SUI positions. Conservative investors should wait for the anticipated test of $1.85 support before considering entry. This level offers an optimal risk-reward ratio, with a suggested stop-loss at $1.75 and upside targets at $2.72.

Aggressive traders might consider accumulating between $1.85 and $1.90 if the price reaches these levels within the next two weeks. Position sizing should remain modest due to the bearish short-term technical picture, with no more than 2-3% of portfolio allocation until bullish momentum confirms.

Dollar-cost averaging between $1.85 and $2.10 over the next month could also prove effective for long-term holders targeting the $4.45 to $7.01 range by year-end. Stop-losses should be placed below $1.60 to protect against unexpected fundamental deterioration.

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### SUI Price Prediction Conclusion

The overall outlook for SUI suggests a classic “lower to go higher” pattern. Short-term weakness toward $1.85 appears likely based on current technical indicators and analyst consensus. However, this correction should create an attractive entry opportunity for the anticipated medium-term recovery.

There is medium confidence that the $1.85 target will be reached within two weeks, while there is high confidence supporting a $4.45 to $7.01 forecast for SUI by the end of 2025.

The combination of protocol upgrades, ETF speculation, and planned token unlocks creates a favorable fundamental backdrop once technical selling exhausts.

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### Key Indicators to Monitor

– RSI approaching 30 for oversold signals
– MACD histogram maintaining positive readings
– Volume expansion on any bounce from the $1.85 to $1.90 support zone

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### Timeline Outlook

Analysts expect the current correction to resolve by late November, followed by a sustained rally through the fourth quarter of 2025.

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*Stay updated with the latest market insights and trade responsibly.*
https://bitcoinethereumnews.com/tech/sui-price-prediction-1-85-target-in-two-weeks-before-4-45-recovery-by-year-end-2025/

21Shares Sparks 20-Day Countdown with New Filing for Spot XRP ETF

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**21RP ETF Filing Sets 20-Day Clock: Could XRP Spot ETF Get U.S. Approval?**

The XRP community woke up to significant news this week: 21Shares’ 21RP exchange-traded fund (ETF) filing, a seemingly small legal step that could have an outsized impact on how altcoins reach U.S. investors. What may look like mere paperwork could actually be the final trigger in a long-running race between regulators, issuers, and crypto markets.

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### A Closer Look at the Filing: What Section 8(a) Actually Does

When a company submits an 8(a) amendment, the Securities and Exchange Commission (SEC) begins a 20-day clock. During this period, the SEC can comment, delay, or take no action. If the agency remains silent, the registration automatically becomes effective.

This filing matters because it shortens the waiting game. Instead of enduring another open-ended review, 21Shares is forcing a timeline. The company had initially filed for a spot XRP ETF earlier this year, but the submission lingered while the SEC focused primarily on Bitcoin and Ethereum products.

This new amendment boldly signals to regulators: *“We’re ready — your move.”*

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### A Tactical Decision

Analysts believe the timing wasn’t random. The filing landed on November 7, just days after renewed optimism around altcoin-based ETFs. With Bitcoin and Ethereum ETFs having already cleared the path, various asset managers are now testing whether that precedent can extend to other tokens like XRP.

If the SEC lets the 8(a) clock expire without action, the 21RP ETF’s legal status would be finalized automatically—even though the token’s regulatory status is still being litigated in court.

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### Ripple Effects in the Market

#### XRP’s Instant Reaction

Traders didn’t waste any time reacting. Within an hour of the filing hitting the SEC database, XRP surged nearly 5%, jumping from around $2.20 to $2.32. Trading volumes spiked on major exchanges including Binance, Coinbase, and Bybit as speculators piled in. Derivatives desks also saw a boost in new long positions, signaling that the market views this filing as more than just procedural.

Some analysts have called this a “signal flare” moment for XRP—a clear indication that institutional finance is warming up to the token despite years of skepticism.

#### Investor Sentiment Turns Cautiously Optimistic

The shift in sentiment goes beyond just price movements. For years, XRP has occupied a unique middle ground: large enough to matter but too controversial for many institutional investors to touch. The 21RP ETF joins a broader trend of positioning crypto assets less as speculative tools and more as infrastructure—tokens that power payments and liquidity systems.

If this narrative holds, the ETF could attract interest from traders who previously dismissed XRP as a relic of early crypto days.

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### Broader ETF Landscape: Where 21Shares Fits In

The Swiss-based firm 21Shares is no newcomer to this race, already managing a range of European crypto exchange-traded products (ETPs) and partnering with ARK Invest on multiple U.S. applications. Filing under Section 8(a) demonstrates their willingness to aggressively test U.S. regulatory rules—even at the risk of rejection.

Competitors are watching closely. Industry players like Franklin Templeton and Grayscale have hinted at their own XRP-related ETF strategies. Should 21Shares clear the path first, it could set the blueprint for how future altcoin ETFs are structured—from custody solutions to redemption models.

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### Potential Custodians and Market Depth

While the filing does not specify a custodian, insiders suggest Coinbase Custody or Anchorage Digital as likely candidates. Both providers are already approved custodians for Bitcoin and Ethereum ETFs.

Liquidity is unlikely to be a concern. XRP frequently ranks among the top five most-traded cryptocurrencies by daily volume, often surpassing $2 billion. However, ETF success depends on more than liquidity—it hinges on how seamlessly authorized participants can create and redeem shares, and whether investors trust the fund’s transparency once trading begins.

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### Unanswered Questions: Will the SEC Intervene?

The big unknown remains the SEC’s response. The agency can pause the 20-day countdown with a single letter requesting revisions—a move it has employed before with Bitcoin ETF applications.

However, if the SEC remains silent and lets the clock expire, the XRP ETF could become effective by procedural default. This outcome would shake up regulatory precedent and challenge the prevailing assumption that only Bitcoin and Ethereum deserve “spot” ETF treatment.

Some view this as a bold stress test of regulatory boundaries. Others see it as a strategic maneuver to push the crypto ETF conversation forward, even if immediate approval isn’t granted.

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### What’s Next?

Regardless of the outcome, the coming weeks may prove pivotal for XRP, potentially marking its transition from a long-debated digital token to a regulated, exchange-traded asset available for institutional investors.

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#### Key Takeaways

– 21RP ETF filing triggers a 20-day SEC clock.
– If the SEC does not act, the ETF could become effective around November 27, 2025.
– XRP surged nearly 5% immediately after the filing amid speculation of U.S. approval.
– The filing signals 21Shares’ aggressive approach to U.S. crypto regulations.
– Success could pave the way for more altcoin ETFs beyond Bitcoin and Ethereum.
– The market reaction shows growing institutional interest in XRP.
– The SEC’s next move remains uncertain, with the filing serving as a potential regulatory test case.

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*Stay tuned for updates as this historic ETF application unfolds and reshapes the crypto investment landscape.*
https://bitcoinethereumnews.com/tech/21shares-sparks-20-day-countdown-with-new-filing-for-spot-xrp-etf-2/

Crypto News: Expert Targets $16 in ICP Price Prediction Amidst 214% Breakout

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Internet Computer (ICP) just delivered its biggest move in years, soaring an impressive 214% in a single week and snapping a long, painful downtrend. After nearly four years of steadily declining, the token finally broke out of a massive descending wedge—a pattern that often signals the start of a lasting reversal.

Currently, ICP is trading around $9.64, a significant jump from the $2–$3 range where it lingered throughout most of 2023 and early 2024. This breakout has shattered the bearish pattern that dominated the chart since ICP’s $700 peak back in 2021.

With momentum building and trading volume surging, the market’s next focus is clear: $16. This key Fibonacci level represents the first serious resistance on the way up. A clean break above this zone could pave the way toward further targets of $24 and $31—levels that historically trigger stronger momentum and renewed retail interest.

In past cycles, breakouts from patterns like this have often led to explosive follow-through, catching many late traders off guard. What sets this rally apart is its solid foundation. ICP has spent more than three years building a base, quietly accumulating strength while sentiment was at rock bottom. Now, institutional interest is starting to surface, and confidence in the project’s long-term vision is returning.

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### ICP Derivatives Data Is Positive Amid 35% Jump in Open Interest

Futures data reveals a sharp increase in open interest, climbing alongside ICP’s explosive price surge. This rise tells a clear story: traders are piling in, and conviction behind the move is strengthening daily.

Over the past few weeks, ICP has rocketed from around $4 to nearly $10, performing one of the fastest rallies in the market this year. Open interest—which tracks the total value of active futures contracts—has soared to its highest levels in months. Typically, this kind of spike signals fresh capital entering the market and suggests traders are positioning for more upside.

Earlier in the year, similar bursts in open interest preceded quick corrections. However, this time, the setup appears steadier. The climb in both price and open interest has been gradual and supported by solid volume and real demand rather than short-term squeezes.

If this momentum continues, the next key zone lies between $16 and $18. This level may decide whether ICP cools off or pushes higher. A clean break above this range could open the door to $24—a major Fibonacci level and psychological milestone that’s probably on every trader’s radar right now.
https://bitcoinethereumnews.com/crypto/crypto-news-expert-targets-16-in-icp-price-prediction-amidst-214-breakout/

Crypto Market Prediction: Ethereum (ETH) Lost the Price Battle, XRP Time-Traveled to 2024, Is Dogecoin (DOGE) Aiming at $0.20 Recovery?

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Liquidity remains quite thin in the cryptocurrency market. The absence of a premium from the U.S. suggests a lack of institutional inflows, which clearly impacts the largest assets like Ethereum and XRP. However, this lack of movement also translates into the performance of smaller caps such as Dogecoin.

### Ethereum Loses Momentum

One thing is clear from Ethereum’s recent price action: the asset has lost the momentum battle it was fervently trying to win. ETH is currently trading around $3,230, down approximately 2.3% on the day and well below crucial resistance levels that had previously offered hope for a recovery after several unsuccessful attempts to regain higher ground.

Earlier this month, Ethereum briefly tested the $3,600 to $3,800 range but failed to maintain upward pressure. Instead, it rolled over amid heavy selling volume. The 200-day EMA (black line) at about $3,600, which previously supported recovery attempts, has now turned into a resistance level.

The daily chart shows a declining structure marked by a series of lower highs and waning buying interest, confirming an overall bearish shift in sentiment. Volume spikes on red candles further raise concerns, indicating sellers remain in control.

With no significant accumulation signals in the market, the Relative Strength Index (RSI) hovering around 31 suggests ETH is nearing oversold territory. Though a brief respite may occur, reversing the current downtrend seems unlikely without an improvement in general market conditions.

From a technical standpoint, $3,000 is the next key support level, followed by a psychological barrier at $2,800. Failure to hold these levels increases the likelihood of a drop to $2,500, which would wipe out most of the midyear rally gains.

In summary, Ethereum’s price action has clearly shifted away from the bulls. While the asset may be oversold, “cheap” does not always mean ready for recovery. Without fresh demand, ETH remains vulnerable to further downside—a sobering reminder that momentum, once lost, is difficult to regain.

### XRP is Back, but Not Really

XRP’s price movement over the past week feels like a trip back in time. The token is currently trading around $2.18, a level last seen in December 2024 or early 2025, effectively erasing months of progress. XRP has returned to the price range that served as the foundation for its previous bull run.

There is important context behind this decline. A rising wedge formation—a bearish continuation pattern signaling more downside ahead—has clearly broken down on the chart. Recent recovery attempts have been capped by the 200-day EMA, which once provided strong support but now acts as firm resistance between $2.50 and $2.60.

Meanwhile, the 20-day, 50-day, and 100-day moving averages are all sloping downward, reflecting persistent selling pressure. This bearish tone is reinforced by spikes in volume on red candles, suggesting major market participants continue to offload their positions.

Although the RSI at 36 indicates XRP is nearing oversold territory, this does not guarantee an impending rebound. Momentum remains weak, and no distinct demand zone has formed below current levels.

Previously, this area marked the starting point for XRP’s significant rally in late 2024. However, present conditions differ: investor confidence has waned, market liquidity has diminished, and Ripple’s network metrics—especially transaction volume and active payments—have cooled.

If the bearish pattern persists, XRP may retest support levels at $2.00 or even $1.80 in the weeks ahead. Given how oversold the token is becoming, a bounce is possible, but overall sentiment mirrors late 2024’s stagnation, suggesting XRP may need to revisit its past before mounting a significant comeback.

### Is Dogecoin Stuck?

For investors, Dogecoin’s recent performance paints a cautiously optimistic picture amid broader market weakness. After a severe correction that pulled it down from the $0.22 zone in late October, DOGE is now trading near $0.161.

The price is currently consolidating close to short-term support levels as the market searches for stability. All major moving averages—the 50-day, 100-day, and 200-day EMAs—are trending lower on the daily chart, signaling that Dogecoin remains in a downtrend.

To break out of this slump, bulls will need to generate significant momentum to overcome resistance in the $0.18 to $0.20 range, where these EMAs create a ceiling.

That said, DOGE is approaching oversold conditions, often a precursor to short-term rebounds, with the RSI hovering around 38. The recent sell-off may have absorbed much of the immediate selling pressure from a structural perspective.

Evidence of some accumulation is suggested by increased trading volume around $0.16, possibly from traders anticipating a relief rally. If buying strength picks up, the psychological $0.20 level could be the next upside target.

However, it is important to remember that Dogecoin’s recovery potential largely depends on the overall market mood and liquidity flows into major assets like Bitcoin and Ethereum.

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In conclusion, liquidity constraints and lack of institutional demand continue to weigh down the cryptocurrency market. Ethereum and XRP face significant resistance and bearish structures, while Dogecoin’s outlook remains cautious but with some signs of potential stabilization. Market participants will be closely watching for shifts in momentum and broader market conditions to gauge the next moves in these digital assets.
https://bitcoinethereumnews.com/ethereum/crypto-market-prediction-ethereum-eth-lost-the-price-battle-xrp-time-traveled-to-2024-is-dogecoin-doge-aiming-at-0-20-recovery/

Justin Sun Moves $150M in Ethereum to Lido as Whale Activity Surges

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**Justin Sun Moves $150M in Ethereum to Lido as Whale Activity Surges**

Justin Sun, founder of Tron, made headlines this week with a significant Ethereum transfer, sparking interest among on-chain analysts and the broader crypto community. According to data from Arkham Intelligence, Sun withdrew 45,000 ETH—worth approximately $154.5 million—from the lending protocol Aave and deposited the funds into Lido Staking. This move signals renewed confidence in Ethereum’s staking ecosystem among major holders, despite recent market volatility.

### Sun’s ETH Holdings Surpass TRX

Sun’s public wallets now hold around $534 million in ETH, surpassing his $519 million worth of TRX, as revealed by Arkham. His substantial deposit into Lido not only boosts the platform’s staking liquidity but also sends a message of faith in Ethereum at a time when the market is closely watching whale activity and price swings.

### Whale Accumulation on the Rise

Sun’s transactions are part of a broader trend of large-scale Ethereum accumulation. BitMine, a digital asset firm, recently acquired 20,205 ETH (valued at nearly $69.9 million) from exchanges including Coinbase and FalconX, according to blockchain tracker Onchain Lens. Additionally, an unidentified wallet labeled 0xca6 received 4,009 ETH from Galaxy Digital, bringing its total ETH holdings to 13,281—worth over $45.5 million.

This growing concentration of ETH among whales and institutional players has caught analysts’ attention, especially as Ethereum’s price continues to fluctuate.

### Ethereum Price Outlook

At the time of writing, Ethereum trades near $3,389.30, with daily trading volume hovering around $34.7 billion, according to CoinGecko. The token gained about 2.09% over the past 24 hours but remains down 12.38% for the week, underscoring the current volatility.

Market analyst Yimin X suggests Ethereum could still face further downside, pointing to a possible five-wave correction that might push the price toward $2,600—a level of significant historical volume support. Traders are monitoring this area for potential short-term bounces, with resistance near $3,500 also in focus.

### Conclusion

The recent flurry of high-profile Ethereum transfers, led by Justin Sun and supported by other large holders, highlights growing institutional interest in ETH even amid market uncertainty. As analysts debate whether the token has reached a local bottom, all eyes remain on whale behavior and key price levels in the days ahead.
https://bitcoinethereumnews.com/ethereum/justin-sun-moves-150m-in-ethereum-to-lido-as-whale-activity-surges/

Ripple and Mastercard Test Secret Stablecoin System for Card Payments

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**Ripple and Mastercard Partner to Test RLUSD Stablecoin Payments for Real-Time Fiat Card Settlements**

Ripple has announced a new partnership with Mastercard, WebBank, and Gemini to test RLUSD stablecoin payments. This collaboration aims to leverage Ripple’s XRPL platform to process real-time fiat card settlements securely and efficiently. The trial will evaluate the potential of blockchain technology to support mainstream financial transactions.

### Ripple Partners with Mastercard for On-Chain Settlements

In this collaboration, Ripple will work with Mastercard and WebBank to enable on-chain settlements for fiat card payments. The test will assess how the RLUSD stablecoin performs within Mastercard’s extensive global payment network. Additionally, the trial will examine compliance and operational stability for regulated financial institutions involved.

Mastercard plans to integrate Ripple’s XRPL platform to manage the settlement layer of these payments, aiming to bridge blockchain efficiency with traditional financial systems. The companies expect this system to provide fast, transparent settlements to participating institutions.

Sherri Haymond, Global Head of Digital Commercialization at Mastercard, commented on the partnership’s goal:
“Through our partnerships with Ripple, Gemini, and WebBank, we’re using our global payments network to bring regulated, open-loop stablecoin payments into the financial mainstream.” She emphasized Mastercard’s belief that stablecoins can offer a secure and compliant transaction layer for banks and issuers.

### RLUSD Stablecoin Enters Regulated Payment Testing

Central to this pilot program is Ripple’s RLUSD stablecoin. The coin will facilitate settlements between Mastercard and WebBank, the issuer of the Gemini credit card involved in the trial. This initiative marks the first use of a regulated on-chain stablecoin for fiat settlement.

Currently, the RLUSD token has a total supply of $2 billion, with steady growth in the stablecoin market. Ripple envisions RLUSD as a reliable digital asset capable of supporting large-scale institutional transactions. The company highlights RLUSD’s controlled expansion as a reflection of its commitment to compliance and long-term stability.

Jason Lloyd, President and CEO of WebBank, emphasized the bank’s role in the project:
“Banks are uniquely positioned to bridge innovative blockchain technology with the stability of the traditional financial system.” WebBank will oversee settlement functions, ensuring regulatory oversight throughout the testing phase.

### XRPL to Demonstrate Institutional Settlement Capacity

The XRPL platform will power all transactions within this trial. Ripple originally developed XRPL to handle up to 1,500 transactions per second with minimal costs. Now, the system will be evaluated for its capacity to deliver institutional-grade payment efficiency.

Ripple President Monica Long stated that regulated stablecoins like RLUSD have the potential to enhance financial settlement systems. She added that Ripple’s goal is to expand XRPL’s presence in institutional finance through compliance-driven innovation and plans to integrate future programs once regulatory approvals are secured.

Currently, the XRPL network supports about 7,000 active wallets daily. Ripple continues to maintain XRP as one of the top 10 cryptocurrency assets by market value, with XRP trading steadily at around $2.31, reflecting consistent market interest.

### Regulatory Approval and Future Outlook

Before full deployment, regulators must approve RLUSD’s onboarding. Ripple and its partners will coordinate settlement processes once the necessary approvals are granted. This trial represents a landmark collaboration between a regulated U.S. bank and an on-chain settlement network.

This partnership signals a significant step toward integrating blockchain technology with traditional financial infrastructures, aiming to provide faster, more transparent, and compliant payment solutions.

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*Source: Blockonomi*
https://bitcoinethereumnews.com/tech/ripple-and-mastercard-test-secret-stablecoin-system-for-card-payments/