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What next for XRP as related firm Ripple grabs $200 million funding

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What next for XRP as related firm Ripple grabs $200 million funding

XRP keeps pushing into the same resistance area that has rejected rallies since February, but the way it’s trading is starting to change. Price is no longer getting sold off immediately after touching the range. Instead, XRP is holding near the highs, which usually matters more than the initial breakout itself.

News Background

• Ripple Prime secured a $200 million funding facility from Neuberger Berman to expand margin financing across traditional and digital asset trading markets.

• Ripple said demand for its prime brokerage business has accelerated since the Hidden Road acquisition, with revenue tripling year over year.

• The broader XRP narrative also continues shifting toward institutional infrastructure after Ripple, JPMorgan, Mastercard and Ondo recently completed a tokenized Treasury settlement on XRPL.

Price Action Summary

• XRP climbed from $1.4483 to $1.4565 during the 24-hour session, briefly reaching an intraday high of $1.4877.
• Volume surged during the May 11 15:00 UTC session, when more than 105M XRP traded as price broke above $1.4750.
• The rally later cooled into consolidation near $1.45-$1.46 rather than fully retracing, keeping short-term structure constructive.

Technical Analysis

• XRP is still trading inside a larger multi-month compression structure, but repeated tests near resistance tend to weaken seller control over time.
• The market reclaimed several shorter-term moving averages during the recent move higher, improving momentum conditions beneath the surface.
• Price continues to stall near the same $1.47-$1.50 region that has repeatedly capped upside attempts, making this the most important zone on the chart right now.
• Volume profiles show relatively thin liquidity above current levels, which could accelerate moves quickly if XRP secures a clean break higher.

What traders should watch

• $1.47-$1.50 remains the key resistance area. A sustained move above it shifts focus toward $1.60.
• $1.43-$1.45 is now the near-term support zone bulls need to defend to keep the breakout structure intact.
• XRP is still compressing inside a broader triangle pattern, which raises the odds of a larger directional move once the range finally resolves.

Verifiability and the Integration of Stablecoins in Traditional Finance

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Verifiability and the Integration of Stablecoins in Traditional Finance

At the Money20/20 Asia event in Bangkok, the prevailing theme within the financial sector was identified as a massive, region-wide push toward the adoption of stablecoins. Rodrigo Coelho, Chief Executive Officer at Edge & Node, discussed how this shift is impacting all regions of APAC, with banks increasingly working on systems that bring stablecoins directly into their core operations. This trend is being driven by significant regulatory movements across the continent. In Japan, new regulations are taking shape, while in Singapore and Korea, authorities are passing new licensing frameworks to manage the growing intersection of digital assets and traditional financial systems. According to Coelho, this year represents a pivotal moment for the adoption of tokenization and blockchain technology within the traditional financial system.

However, the move into blockchain-native assets introduces a significant technical hurdle: data integrity. In traditional setups, when a financial institution extracts data from a blockchain and moves it into an in-house database or data warehouse, they are essentially creating a copy. This process causes the institution to lose the trust assumptions inherent to the blockchain itself. Without a verifiable connection, firms cannot be certain if their internal data has been tampered with, modified, or if specific blocks of information were lost during the transfer. This is a critical problem when utilizing traditional extraction methods, such as RPC nodes, which can lead to incomplete data sets or incorrect totals.

To address these risks, Edge & Node has developed AMP, a blockchain-native database designed to extract data from various chains and bring it in-house while maintaining a verifiable link. For banks and fintechs adopting this solution over the next 12 months, the primary benefit is 100% verifiability and cryptographic proof that the internal data perfectly matches the source blockchain. This capability is essential for modern compliance and audit requirements. For example, if a firm must produce an audit report or a compliance statement for the Travel Rule, missing even a single block of data could cause totals to be incorrect and transactions to be overlooked. By providing a state-of-the-art method for data extraction, AMP allows enterprises to utilize blockchain data with the level of trust and accuracy required by the traditional financial system.

The rapid evolution of the APAC regulatory landscape means that ensuring stablecoin operations are built on a foundation of verifiable data is paramount. As banks in Japan, Korea, and Singapore begin to operationalize tokenization, the ability to prove data integrity will be the difference between a successful integration and a compliance failure. By bridging the gap between blockchain trust and enterprise data warehouses, Edge & Node is helping financial institutions respond to the stablecoin shift with a solution that prioritizes security, auditability, and regulatory peace of mind.

Key Highlights from Rodrigo Coelho:

  • The Stablecoin Surge: Coelho identifies stablecoins and tokenization as the primary drivers of financial innovation across APAC this year.

  • Regulatory Momentum: A look at how new licensing and regulations in Japan, Singapore, and Korea are forcing banks to integrate digital assets into their operations.

  • Solving the Data Trust Gap: Why traditional methods of copying blockchain data into internal databases often result in a loss of trust and potential data tampering.

  • Cryptographic Verifiability: How the AMP database provides 100% cryptographic proof that internal records match the blockchain, ensuring total accuracy for audits and Travel Rule compliance.

Bitcoin briefly hits $82,000, SOL, DOGE higher as Michael Burry warns of stock crash

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Bitcoin briefly hits $82,000, SOL, DOGE higher as Michael Burry warns of stock crash

Crypto majors held their ground on Tuesday even as the macro tape turned sharply against risk assets.

Bitcoin BTC$81,254.42 traded just over $81,000 in Asian morning hours Tuesday after briefly touching $82,026 overnight. Solana (SOL) and DOGE$0.1100 were the standouts among the majors, up as much as 2% on the day. BNB added 1.7% to $662, XRP held at $1.46, up 0.9% on the day while ether down 0.8%.

Investor Michael Burry, made famous in The Big Short for calling the 2008 housing collapse, warned in a Substack post that the Nasdaq 100 is trading at 43 times earnings, well above the implied level of around 30 times, and likened the current setup to “the scene of the bloody car crash, minutes before it happens.”

Burry flagged the Philadelphia Semiconductor Index’s 70% rally since the end of March as the centerpiece of what he called a parabolic surge in tech valuations, advising readers to take profits and reduce exposure to the AI trade.

“Wall Street may be overstating by more than 50% the earnings at our fastest growing, most highly valued companies,” Burry wrote.

Brent crude zoomed almost 1% to above $105 a barrel after President Donald Trump cast doubt on the ceasefire with Iran in remarks Monday, fueling concern that the closure of the Strait of Hormuz will be prolonged. The Treasury 10-year yield rose to 4.42% and the dollar strengthened against all its Group-of-10 peers on haven demand.

Equity markets across Asia pulled back from records. The Kospi slid as much as 5.1% intraday after a top South Korean policymaker proposed paying citizens a dividend funded by taxes on AI profits, with the comments fueling sharp swings as investors tried to parse the scope of the proposal.

MSCI’s Asia Pacific index swung between gains and losses. European futures pointed to a 0.6% loss at the open. U.S. futures edged lower after the S&P 500 closed at a record high Monday, capping a six-week winning streak that gained more than 16%, the strongest such run since the global financial crisis.

Bitcoin’s price-action will likely be tested later Tuesday as investors watch the U.S. inflation print, which will show how much of the war-driven price pressures has fed through to consumer prices and could shape the outlook for Federal Reserve interest rate decisions.

A hot number on top of fresh Iran tensions and Burry’s bear call would put real pressure on the AI-trade thesis underpinning the equity rally, while a soft print buys risk assets, including crypto, another week of room.

Fintech Marketing Community 2026: The New FinTech Marketing Playbook

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Fintech Marketing Community 2026: The New FinTech Marketing Playbook

The Fintech Marketing Community 2026 event provided a vital checkpoint as the past twelve months have seen drops in funding, increasing pressure from regulatory bodies, and rapid advancements in AI. The core message from Fintech Marketing Community was that FinTech firms need to move past the noise of new technologies and distractions, committing instead to proven, fundamental marketing strategies, especially building genuine customer trust.

A key conversation at Fintech Marketing Community 2026 was with Howard Dawber, the Deputy Mayor of London of Business and Growth, who proudly positioned London as the world’s leading FinTech hub. Deffity shared that while North America and Europe raised similar total amounts in fintech funding, around $40 billion each, London accounted for $30 billion of the European total. Crucially, in the second half of the previous year, funding into UK FinTech companies, totalling $12 billion, outpacing the investment levels seen in both New York and San Francisco for the first time. 

When discussing marketing approaches in fintech, Alexander Ford of Flawless observed that US customers often prefer video content from community and roundtable discussions, while UK and European fintech marketing materials on similar topics are typically far more polished and professionally produced. Discussion turned to the inappropriate uses of AI in marketing, highlighting that some regional sales managers are independently creating their own blog posts and customer profile analyses using generative AI tools, such as Claude. These managers are proceeding without any input from the central marketing team or customer-facing roles like account managers. 

During a segment on achieving success in FinTech Awards, Matthew Hyde explained that judges seek proof to substantiate every claim. Beyond performance data, award entrants are assessed on the quality of their team, the company’s culture, and its commitment to diversity and inclusion. The path to winning involves being authentic and backing up all written submissions with a compelling, personal presentation during the interview phase.

The morning sessions underscored a broader consensus: businesses should stop trying to reach every consumer touch point, social media channels and AI capabilities. The morning session at Fintech Marketing Community showed narrowing the focus to successfully execute one or two activities for a couple of core customer segments. This focus on sincerity is vital, as global consumer trust is eroding due to the prevalence of AI-generated content. 

Andrew Carrier, a fractional Chief Marketing Officer, articulated this central idea by saying that growth is essentially the steady accumulation of trust. The entire event promoted a theme of returning to fundamental business practices and concentrating on delivering value precisely when customers need it.

From the angle of behavioral science, Marisa Murgatroyd and Shona Sharma of The Experience Group shared the constant emergence of AI-driven competitors makes it essential to perfect the customer experience as a flawed customer journey instantly jeopardises loyalty, engagement, and long-term customer value.

Jeremy Bliss of Silver Agency discussed that major error in current marketing is centering brand’s entire identity around the mere presence of AI. Brands that succeed in building confidence today are customer-focused, demonstrate a clear purpose, and communicate plainly. 

Andrew Carrier additonally noted that although AI can massively accelerate work, companies that don’t think strategically about their content will simply produce generic-sounding messages, which is already a common issue across the FinTech sector. Furthermore, Sarah Sinclair of Co-Labs Global discussed a strong preference was voiced for marketing that is driven by data and focuses on clear communications, defining exactly who the company serves, what they do, and how, rather than just selling.

The later panel discussions at Fintech Marketing Community shifted towards optimising technology stacks, and the session emphasised the need for a modular and intentional approach to MarTech. This strategy prevents an unhealthy dependence on a single provider, which could otherwise lead to unexpected price increases that leave a company feeling exposed.

Bitcoin Funding Flips Positive, Is $85K Next?

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Bitcoin Funding Flips Positive, Is $85K Next?

Key takeaways:

  • Bitcoin derivatives show limited conviction among pro traders, but ETF flows and Strategy could play a role in the next higher rally. 
  • Reduced odds of a peace plan between the US and Iran, and high oil prices, could impede Bitcoin’s price discovery.

Bitcoin (BTC) flirted with the $82,000 level on Monday, sparking a brief surge in demand for bullish leverage. Bitcoin has held near $80,000 for over a week, prompting many traders to bet on further upside. However, derivative metrics show that professional players remain skeptical, leaving many to wonder whether $85,000 is actually within reach.

Bitcoin perpetual futures annualized funding rate. Source: Laevitas

The annualized funding rate for Bitcoin perpetual futures briefly jumped to 6% on Monday, touching neutral-to-bullish territory for the first time in over a month. Still, the indicator has mostly stayed negative, signaling more demand for bearish leverage. This lack of confidence among bulls doesn’t necessarily block further gains, but it does highlight a cautious mood among traders.

US-listed Bitcoin spot ETFs daily net flows, USD. Source: SoSoValue

Outflows from US-listed spot Bitcoin ETFs on Thursday and Friday likely fueled this bearish sentiment. Since ETF flows are a go-to proxy for institutional interest, seeing a reversal right as Bitcoin failed to break $82,000 on several attempts is triggering real concern across the market.

Bitcoin miners pivot to AI, BTC price remains stable 

The artificial intelligence sector continues to capture investors’ attention, especially after several Bitcoin mining firms pivoted to high-performance computing. Iren (IREN US) announced a massive $34 billion deal with Nvidia on Friday. Additionally, Core Scientific (CORZ US) recently announced plans to expand its campus in Muskogee, Oklahoma.

Bitcoin’s hashrate dropped to its lowest point in eight weeks on April 26, but the indicator showed plenty of resilience throughout May.

Bitcoin 7-day average hashrate, exahashes per second. Source: Blockchain.com

The estimated processing power supporting the Bitcoin network climbed 5% in just two weeks, reaching 970 exahashes per second. While this is still far from the peak of 1,150 exahashes per second, the fear that miners would abandon the network for AI proved irrational. 

Even so, bullish momentum hasn’t quite returned for traders, as Bitcoin remains 35% below its all-time high.

Bitcoin 30-day options delta skew (put-call) at Deribit. Source: Laevitas

The Bitcoin options delta skew (put-call) sat at 10% on Monday, unchanged from the previous week. Put (sell) options are trading at a premium, hinting that whales and market makers aren’t comfortable holding downside risk right now. Whether the main issue is the economy or geopolitics, professional traders clearly fear a correction.

Related: Bitcoin stalls as BTC ETF outflows hit $268M–Will new Fed chair restore the rally?

Outside of crypto, Brent crude oil prices jumped above $105 on Monday as the Strait of Hormuz remains partially closed due to the war in Iran. US President Donald Trump called Iran’s latest demands “totally unacceptable,” while Israeli Prime Minister Benjamin Netanyahu argued the conflict won’t end until Iran’s enriched uranium stockpiles are “taken out.”

On the corporate BTC treasury side, Strategy (MSTR US) announced it acquired $43 million in Bitcoin after a one-week break. The buy was funded by selling company shares. So, while the derivatives market still feels a bit bearish, the path to $85,000 is still wide open. Any fresh inflows into Bitcoin spot ETFs this week could easily be the catalyst the market needs.

Ethics Remains Sticking Point as Crypto Market Structure Bill Goes to Senate Markup

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Ethics Remains Sticking Point as Crypto Market Structure Bill Goes to Senate Markup

With lawmakers on the US Senate Banking Committee set to consider a markup on a cryptocurrency market structure bill this week, some Democrats are holding the line — and potentially their votes — on ethics provisions.

The Digital Asset Market Clarity Act (CLARITY), passed by the US House of Representatives in July 2025, is scheduled for a markup in the Banking Committee on Thursday after months of delays due to concerns about language on stablecoin yield, tokenized equities, ethics and more issues related to the crypto industry.

Although the Senate Agriculture Committee passed its version of the bill in a January markup, the legislation must pass through both panels to address different aspects of securities and commodities laws.

“Negotiations continue to be positive, and I remain confident we can get a bipartisan bill over the finish line this Congress,” Senator Kirsten Gillibrand told Cointelegraph. “Americans deserve a well-regulated market with strong consumer protections and real ethics reforms so politicians can’t cash in on their insider status for personal gain.”

Earlier this month, Senators Thom Tillis and Angela Alsobrooks, both of whom sit on the banking committee, announced a compromise deal on stablecoin yield that could allow the CLARITY Act to move forward after months of delays. However, New York’s Gillibrand said that even if the bill were to pass the banking committee, her fellow Democrats would not vote in favor of CLARITY without an ethics provision to deal with potential conflicts of interest by members of Congress, elected officials and the US President and Vice President.

Prediction market sentiment on CLARITY Act passage. Source: Polymarket

Related: 7 Democrats seen as ‘key’ to advancing CLARITY Act: Galaxy

Even before taking office in January 2025, US President Donald Trump had close ties to the industry, through the launch of his memecoin Official Trump (TRUMP) and his family’s crypto business, World Liberty Financial. Forbes reported that the president’s personal fortune had increased by about $1.2 billion as of July 2025 due to his crypto ventures. 

Full steam ahead for some Republican lawmakers

Senator Tim Scott, the Republican who chairs the banking committee, said that concerns about the president’s crypto ties were outside the body’s purview for markup and needed to be addressed by the ethics committee before any potential floor vote in the chamber. Tillis, also a Republican, said in April that he would not support any bill without “a bipartisan agreement when it comes to the ethics provision.”

Cynthia Lummis, Wyoming’s junior senator who has led the charge on the bill in the Senate and will be retiring in 2027, has urged lawmakers to vote for CLARITY on Thursday.

Source: Cynthia Lummis

“I’m hopeful, given that there seems to be so much momentum from the Democrats, from the Republicans saying ‘hey, we’re ready to get a deal to get this done’ that they can resolve ethics and that it won’t hold this up,” Cody Carbone, CEO of crypto advocacy organization The Digital Chamber, told Cointelegraph. “Ethics has to be tackled on the floor, it’s not within the jurisdiction of the Senate Banking Committee, so I don’t expect it to hold up the markup.”

Even if the bill were to advance in the banking committee and get the 60 votes needed to pass in the Senate, CLARITY would likely need to return to the House for both chambers to pass a reconciled version before it could go to Trump’s desk to potentially be signed into law.

Magazine: Strategy reveals why they would sell BTC, Trump Media posts loss: Hodler’s Digest, May 3 – 9

Circle (CRCL) beats earnings estimates but misses on revenue amid $222 million Arc raise

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Circle (CRCL) beats earnings estimates but misses on revenue amid $222 million Arc raise

Circle, issuer of the world’s second-largest stablecoin, USDC, posted estimate-beating first-quarter earnings as revenue rose 20% and it raised $222 million for its Arc blockchain network in a presale of the ARC token.

Earnings per share (EPS) of 21 cents beat analyst estimates of 17 cents, while revenue rose 20% to a less-than-forecast $694 million. Adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) grew 24% from a year earlier to $151 million, the New York-based company reported.

USDC onchain transaction volume jumped over 260% from the year-earlier quarter to $21.5 trillion, and USDC in circulation increased 28% to $77 billion.

The ARC token presale values the project at $3 billion. The fundraising round included investment from a mix of Wall Street heavyweights and crypto-native firms, including BlackRock, Apollo Funds, a16z crypto, ARK Invest, CoinDesk’s parent company Bullish, Haun Ventures, Intercontinental Exchange and Standard Chartered Ventures.

The fundraising marks Circle’s most ambitious expansion beyond USDC and payments infrastructure, pushing the stablecoin issuer deeper into the race to build blockchain infrastructure for institutional finance.

Circle also published the Arc whitepaper on Monday, outlining ARC as a “native coordination asset” designed to support governance, validator security and network operations across the chain.

Arc, which began testing in October, is being positioned as a blockchain optimized for stablecoin-based capital markets and regulated financial activity, which includes tokenized assets, cross-border settlement and onchain finance.

Unlike USDC, which functions as a dollar-pegged payment token, ARC appears intended to play a role closer to ether (ETH) on Ethereum or SOL on Solana — helping coordinate the network’s economic and security model.

CRCL shares were nearly 1.2% higher at $115 in pre-market trading at around 7:30 a.m. ET.

UPDATE (May 11, 11:20 UTC): Adds Circle’s first-quarter earnings report information and restructures article to lead with earnings.

Trump Mobile buyers stuck without phones as TRUMP token sits 97% below peak

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Trump Mobile buyers stuck without phones as TRUMP token sits 97% below peak

Two Trump-branded ventures aimed at retail buyers are both in difficult positions months after their debuts, though for different reasons.

Roughly 600,000 buyers have paid $100 deposits for the gold-colored Trump Mobile T1 phone since its initial announcement, putting around $60 million into a venture that has not delivered a single confirmed device as of May 2026, per Moneywise.

Deposits were paid to Trump Mobile’s registered company T1 Mobile LLC, which uses a limited liability agreement from DTTM Operations, LLC – the company that manages intellectual property, trademarks, and likeness on merchandise associated to U.S. president Donald Trump.

Promised delivery dates have slipped from late summer 2025 to November, then to December, and finally to first-quarter 2026, before being removed from the website entirely.

According to IBTimes reporting, the company updated its terms of service in April to clarify that deposits represent a “conditional opportunity” to buy the device if the company chooses to sell it, removing any binding contract. (CoinDesk has not independently reviewed the previous version of the terms.)

Trump Mobile did not respond to a request for comment send by email as of publication time.

The TRUMP memecoin, a separately structured venture, has had its own difficult run. The token launched in January 2025 at $1.21, zoomed to $73 within 48 hours as retail speculators piled in around the inauguration, and has spent the 16 months since grinding lower.

TRUMP traded at $2.45 on Monday, down roughly 97% from its peak and 82% on the year, CoinGecko data show. Chainalysis estimated retail investors in TRUMP have collectively lost roughly $2 billion since its introduction.

TRUMP launched with 80% of supply held by Trump-affiliated entities CIC Digital and Fight Fight Fight, with those tokens scheduled to unlock at approximately $500,000 worth per day (at current prices) through mid-2028. The schedule was disclosed as part of the token’s launch terms, but has produced sustained sell-side supply during a period of declining buyer interest.

TRUMP’s daily DEX trading volume has dropped from a January 20, 2025 peak of nearly $7 billion across roughly 400,000 traders to about $16 million across just 4,200 traders on May 5, 2026, per Dune Analytics data tracked by user @seoul.

That is a 99% drop in both daily turnover and unique daily participants. Average trade size has fallen from around $2,700 to $260 over the same period, suggesting the remaining buyers are smaller retail accounts rather than the larger speculators who drove the original launch.

The share of TRUMP holders with more than $1,000 in the token has collapsed from roughly 19% at launch to about 2% today, meaning almost every remaining wallet now holds less than $1,000 worth of TRUMP. The token has effectively settled into a long tail of small bag-holders with no large position holders left to drive meaningful price action.

For TRUMP holders, the onchain math suggests that a return to launch-era valuations is becoming increasingly unlikely. At current prices, the remaining insider token unlocks represent more than $2.5 billion in potential supply overhang.

Absorbing that supply would require a demand event larger than anything the token has seen since launch, with the token down 13.6% over the past 30 days and roughly 0.1% on the day.

A dinner hosted by Trump for the top 220 token holders at his Virginia golf club in May 2025 produced a rally that faded within weeks. Tron founder Justin Sun pledged $100 million in TRUMP purchases ahead of the July 2025 unlock, with the token continuing to drift lower in the months that followed.

A separate Mar-a-Lago Crypto & Business Conference on April 25, 2026, limited to the top 297 TRUMP token holders with VIP access for the top 29, drew a letter from Senators Warren, Adam Schiff (Democrat, California), and Richard Blumenthal (Democrat, Connecticut) requesting documents about the President’s role in promoting the event.

While Trump tokens and the mobile ventures have different structures and mechanisms, they debuted on the back of front-loaded political enthusiasm, and have struggled in the months since to translate that initial momentum into either delivered product or sustained price support.

Solana ETF Inflows Hit February High: Is $120 Next?

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Solana ETF Inflows Hit February High: Is $120 Next?

The spot Solana (SOL) exchange-traded funds (ETFs) recorded their strongest weekly performance since February, attracting $39.23 million in total net flows. The surge in capital inflows coincided with SOL futures open interest rising by $1.5 billion in May, signaling a sharp increase in trader positioning across the derivatives markets.

The rise in market activity comes alongside Solana’s 15% rally to $97 in the past seven days, with traders targeting the next major resistance level at $120. 

SOL ETF demand rises with futures interest

Bitwise’s BSOL ETF led the latest inflow wave with $36 million in weekly net inflows last week, while Fidelity’s FSOL added over $1.8 million. Since its launch, BSOL has attracted $861 million, accounting for nearly 81% of cumulative inflows across all spot SOL ETFs, which now total about $1.06 billion.

Spot SOL ETF netflows. Source: SoSoValue

Futures activity rose alongside the ETF demand. Solana open interest (OI) climbed to $6.4 billion from $4.94 billion on May 1, marking a 29.5% increase in less than two weeks.

Aggregated spot cumulative volume delta (CVD), which measures the net difference between market buy and sell orders, climbed to nearly $250 million from $163 million in five days, during SOL’s push toward $96.

The futures CVD expanded to about $593.6 million after rising steadily from May 5 onward, as buyers absorbed sell-side liquidity in both the spot and futures markets. 

SOL price, aggregated open interest, spot, and futures CVD and funding rate. Source: velo.chart

The funding rate held near 0.065%, indicating traders continued to pay to maintain long exposure. The buying activity has started to flatten near the $95-$96 range as spot and volume deltas have cooled over the past 24-hours. 

Related: South Korea crypto holdings halve in a year as investors turn to stock market

Solana eyes a breakout: Is $120 next?

Solana is forming an Adam and Eve pattern near the $95 resistance level, with the setup’s neckline directly at the current breakout zone. A confirmed move above that level places the technical target near $120. 

An Adam and Eve pattern on the higher time frame chart could signal a bottom for SOL if price successfully turns the $95 resistance level into support. 

SOL/USDT, one-day chart. Source: Cointelegraph/TradingView

SOL also pushed above its 100-day exponential moving average for the first time since October 2025, adding another technical shift to the mix alongside ETF inflows and rising futures positioning. 

A confirmed daily close and consolidation above $95 could open the path toward the pattern’s projected target near $120, due to a lack of resistance sitting between the two levels after the 42% dip in February.

Crypto analyst BATMAN noted that Solana recently broke above a 231-day downtrend on the SOL/BTC daily chart, signaling improving relative strength against Bitcoin. According to the analyst, the $89-$91 zone now acts as the nearest support cluster and a likely retest region if SOL holds above the breakout area. 

SOL/USDT, one-chart analysis by BATMAN. Source: X

Related: XRP metrics line up bull signals for ‘full-scale rally’ to $2

XRP Holds Range As Buyers Begin To Absorb Supply – The Setup Behind A Potential Breakout

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XRP Holds Range As Buyers Begin To Absorb Supply – The Setup Behind A Potential Breakout

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

XRP is struggling to push above the $1.50 level as the market heats up and buyers search for the momentum needed to break through resistance that has capped the recovery at every recent attempt. The price action is frustrating — sideways, unconvincing, and offering little clarity on direction. But a CryptoQuant analyst has identified something in the order flow data that reframes the current weakness as considerably more constructive than the chart alone suggests.

The most important signal the analyst identifies is not what is happening — it is what is not happening. Aggressive selling pressure, which defined XRP’s market structure during the worst of the decline, is no longer present at the same intensity. The Taker Buy Sell Ratio has been moving close to the 1.0 level for an extended period — meaning the balance between aggressive buyers and aggressive sellers has shifted from clear seller dominance toward something approaching equilibrium, with a slight tilt toward buyer advantage.

That equilibrium is more significant than it initially appears. A ratio consistently below 1.0 during this kind of sideways price action would typically produce a much harder decline — sellers controlling order flow without buyer absorption tends to resolve downward. XRP has been holding the $1.35 to $1.45 range instead, which means something is absorbing the selling that would otherwise send the price lower.

The analyst’s finding is that the absorption is real, documented in the order flow, and building toward a specific structural outcome.

The Sellers Have Stepped Back. The Buyers Have Not Yet Stepped Up. That Gap Is the Setup

The CryptoQuant analysis adds the volume dimension that completes the picture. Both taker buy volume and taker sell volume have dropped sharply compared to previous months — a simultaneous reduction on both sides of the order flow that describes a market in a specific and recognizable phase. The massive sell spikes that characterized January and February are no longer appearing. The aggressive, fear-driven selling that defined XRP’s worst period has faded to a level that no longer constitutes meaningful downward pressure.

XRP Ledger: Taker Buy Sell Ratio | Source: CryptoQuant
XRP Ledger: Taker Buy Sell Ratio | Source: CryptoQuant

What has not yet appeared is the equally aggressive buying that would confirm the next directional move. There is no FOMO. No surge of market buy orders chasing the price higher. The conditions are quiet in both directions, which is precisely what accumulation phases look like before they resolve.

The analyst’s probabilistic assessment draws on three converging signals: the ratio recovering toward buyer advantage while price holds stable, the absence of a breakdown despite reduced overall volume, and the structural fading of sell pressure. Together, they increase the probability of an upside resolution rather than another sharp decline.

The honest caveat the analysis preserves is that timing remains uncertain. Strong buying momentum has not entered the market. The current structure is energy building rather than energy releasing — whales stabilizing, sellers exhausted, buyers cautious. The specific trigger the analyst identifies is the ratio holding above 1.0 for several consecutive days while buy volume begins recovering.

If that combination develops, the probability of a move toward the $1.50 to $1.60 region increases significantly. Until then, XRP looks more likely to move sideways to upward than to experience another sharp leg lower, which is the most constructive objective assessment the current data supports.

XRP Stabilizes As Selling Pressure Continues To Fade

XRP continues consolidating near the $1.45 region after months of persistent weakness that followed the rejection from the 2025 highs above $3.00. The broader structure still reflects a market in recovery mode rather than a confirmed bullish reversal, but the chart shows important signs that downside momentum is gradually weakening.

XRP testing pivotal resistance level | Source: XRPUSDT chart on TradingView
XRP testing pivotal resistance level | Source: XRPUSDT chart on TradingView

One of the clearest developments is the stabilization around the $1.30–$1.45 range. Despite repeated attempts to push lower during the first quarter of 2026, sellers have failed to generate a sustained breakdown beneath support. That behavior contrasts sharply with the aggressive downside expansion seen during the late-2025 decline, suggesting that sell-side pressure is losing intensity.

At the same time, XRP remains below all major moving averages on the higher timeframe. The declining 50-period and 100-period moving averages continue acting as overhead resistance, reinforcing that the broader trend has not yet shifted bullish. Every recovery attempt toward the $1.60–$1.90 region has faced renewed selling pressure.

Volume trends also remain relatively subdued compared to previous expansion phases. Participation has stabilized, but strong speculative momentum has not yet returned to the market. This combination of weakening sell pressure and muted buying activity typically reflects accumulation rather than trend acceleration.

Featured image from ChatGPT, chart from TradingView.com 

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