Cena HarryPotterWifHatMyroWynn10InuSOLANA

CME Group’s move to launch XRP futures, set for May 19th pending final regulatory approval, could significantly boost institutional adoption in the crypto space. The exchange’s latest move, pending regulatory approval , introduces two contract sizes: a micro-futures option of 2,500 XRP and a standard 50,000 XRP futures contract. This dual-structure offers greater flexibility for institutions looking to hedge risk or gain direct XRP exposure. Adding XRP alongside its existing Bitcoin, Ether, and Solana futures not only diversifies CME’s crypto offerings but could pave the way for broader institutional legitimization of XRP. The launch signals growing confidence in XRP’s utility despite persistent regulatory headwinds surrounding the token. XRP traded lower on the day, closing near $2.19 after failing to sustain early gains. The asset began the day near $2.25 but quickly slipped into a declining pattern marked by lower highs and lower lows. This bearish momentum was briefly interrupted by a recovery rally, though it lacked the volume needed for a sustained reversal. Consequently, $2.25 now acts as significant overhead resistance, with sellers also active in the $2.22-$2.23 zone. On the downside, XRP found key support in the demand zone around $2.12. This level served as a critical bounce area, absorbing selling pressure during the pullback. Related: CME Leak Hints at XRP, Solana Futures Launch in February Intermediate support near $2.15 offered temporary stability before ultimately failing. This price action suggests XRP is range-bound, likely consolidating as traders await a catalyst – potentially the futures launch – to dictate the next directional move. Current technical indicators present a mixed, albeit cautiously optimistic, picture. The Relative Strength Index (RSI) sits at 54.03, above the neutral 50 midline, suggesting balanced conditions but hinting at potential underlying accumulation. Moreover, the MACD indicator is flashing early signs of a potential bullish crossover, with the histogram flipping positive. While this suggests bullish momentum may be building, confirmation is crucial. Related: Coinbase Moves to Offer XRP Futures Trading Through Self-Certification A significant concern, however, is the sharp 27.33% drop in 24-hour trading volume. This waning interest during consolidation raises questions about market conviction and the potential for near-term volatility. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

In a thought-provoking video, blockchain attorney John E. Deaton shared an alarming prediction of Charles Hoskinson, who stated that Ethereum may not survive beyond 10-15 years due to fundamental design flaws and growing competitive pressures. Deaton expressed that the information was surprising, especially when it came from a co-founder. He quickly pointed out that he was not smart enough to have an opinion one way or the other. In the clip, Hoskinson , the founder of Cardano and the co-founder of Ethereum, mentioned that Ethereum has three major “self-inflicted wounds” that threaten its future. These include the wrong accounting model, the wrong virtual machine, and the wrong consensus model. “All of these were self-inflicted wounds, people told them not to do it, they did it,” Hoskinson states. Further, he stated that Ethereum’s approach to solving these inherent problems has created additional complications. Identifying the lack of effective on-chain governance as Ethereum’s third critical weakness, he suggested that it would take “five to seven years” for Ethereum to build a functional governance system, considering its scale and complexity. For comparison, he noted that Cardano already has on-chain governance that will mature significantly within three to five years. Apart from this, Hoskinson predicted that layer-2 solutions built on top of Ethereum will increasingly drain value from the base layer. “The layer twos will continue to suckle out all of the alpha, and people will start fighting, and it’ll get harder and harder for Vitalik to be able to hold it together through sheer force of will,” he argued. Competition from other blockchain ecosystems poses a significant threat to Ethereum’s dominance. Hoskinson compared Ethereum to MySpace and BlackBerry, dominant platforms that lost the race to competitors with superior technological approaches. “They’re being eaten alive by Solana and Swede and these other things,” he noted. Although Hoskinson exposed the flaws for Ethereum’s potential fall, he acknowledged that it was an excellent project, hindered by its own success. Like many successful technologies, it struggles to transcend previous technologies even when there are superior alternatives. Citing the example of Perplexity, Hoskinson stated that dominant platforms can fall behind when they are unable to adapt to superior techniques. Notably, Perplexity, a search engine, challenged Google with a more advanced user experience. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

BNB Chain Meme Fair Launch Platform MEMEtitan Officially Launched BNB Chain Meme Fair launch platform MEMEtitan announced its official launch. MEMEtitan is a community-built Meme ecological infrastructure. As a next-generation Meme token launch platform driven by the community and created for creators, MEMEtitan adheres to the concept of adopting a 100% fair launch mechanism, no pre-sale, no private placement, and everyone can participate. In terms of technology, MEMEtitan supports BNB Chain/Ethereum/Solana three-chain deployment, supports cross-chain interoperability protocols to achieve free circulation of assets, supports dynamic gas fee optimization system, and supports modular smart contracts to quickly adapt to new public chains.

#CryptoMomentum When $BTC sleeps, altcoins dream BIG. Right now: • $BTC is chilling above $84K • $ETH creeping toward $3.3K • Solana ecosystem is heating up fast • Memecoins absorbing massive volume Top plays I’m eyeing: • $W – Liquidity magnet • $JUP – Accumulation zone

DeFi Development Corporation has increased its Solana (SOL) holdings to 317,273 SOL ($48.2 million) after acquiring an additional 65,305 tokens ($9.9 million). According to the information disclosed to us, some of the assets were acquired through “locked SOL sourced via BitGo’s OTC desk.” Technically, this implies that the purchased amount would be unlocked through a time-based schedule. Also, tokens purchased through this method are meant for long-term holdings. In a press release, the company explained that locked SOL means the assets would be held under contractual restrictions. In this case, they cannot in any way be transferred on-chain while their unlock periods are still active. However, they can be traded over the counter. Shedding more light on this, DeFi Development Corporation disclosed that this initiative forms part of its adopted treasury policy, which permits it to allocate a portion of its principal holdings in its treasury reserve on the balance sheet to SOL. According to them, this decision seamlessly provides investors with economic exposure to Solana’s investment. Commenting on this, the CEO of the company, Joseph Onorati, highlighted that this initiative underscores the company’s commitment and strategic execution in building its treasury strategy. By gaining access to locked discounted inventory through a trusted partner like BitGo, we’re able to accumulate some of our SOL below market prices while deepening our alignment with the Solana ecosystem. Solana’s institutional interest is slowly taking shape as Galaxy Digital recently moved $106 million from ETH to SOL, as discussed earlier. In another update , CNF also disclosed that Canadian investment firm SOL Strategies Inc. has secured $500 million to advance the Solana blockchain ecosystem. Amidst the backdrop of this, SOL has recorded a 9% surge on its weekly price chart to trade at $147. According to our market data, the current price represents a 2.6% decline from the previous day when SOL was trading at $153. In line with the daily trend, the 24-trading volume has also taken a nosedive, “dragging” the amount flowing within and out of the market down to $4.2 billion. Analysts have observed that the SOL’s price position above the 50, 100, and 200-day Exponential Moving Averages (EMA) hints at a possible bullish run to $150. According to them, a successful retest of this level could see the asset extending its run to $176. Fascinatingly, this aligns with the formation of a head and shoulders pattern, which is currently extending from the neckline to the head. On the other hand, SOL has also shown the possibility of returning to $140 as exhaustion has been spotted on its Moving Average Convergence Divergence (MACD) indicator. According to analysts, the failure of the asset to validate its bullish potential could see the price recede to the 100-day EMA, which is found around the $133 level. SOL’s long-term potential is reported to be bullish, as an analyst also predicts a bullish reversal to $2000, as detailed in our previous news brief.