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Hoskinson Backs Major Proposal to Put Cardano Where It Belongs, Says We’re Stronger Together

Lele Jima
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Hoskinson Backs Major Proposal to Put Cardano Where It Belongs, Says We’re Stronger Together

IOG CEO Charles Hoskinson has endorsed a major governance proposal that he believes will help position Cardano where it belongs within the global crypto industry.

Following his endorsement, the proposal secured community approval, reflecting growing consensus on the importance of strengthening Cardano’s visibility on the world stage.

Key Points

  • Charles Hoskinson endorsed a governance proposal aimed at funding Cardano-related activities at the 2026 Cardano Summit and TOKEN2049 in Singapore. 
  • He initially kicked against the proposal, but has now made a U-turn in support of it. 
  • The revised proposal passed with 66.67% approval, exceeding the required 65.21% threshold. 
  • He confirmed plans to attend both the 2026 Cardano Summit and TOKEN2049, demonstrating personal commitment to the initiative. 

Hoskinson Publicly Supports Cardano Foundation Proposal 

Notably, Hoskinson officially backed a revised proposal from the Cardano Foundation to fund Cardano-related activities at the 2026 Cardano Summit and TOKEN2049 conference in Singapore.

The development began when Cardano Foundation CEO Frederik Gregaard urged the community to support the revised Cardano Summit proposal ahead of the voting deadline. He described the initiative as a collective effort to enhance Cardano’s global presence and showcase the ecosystem to a wider audience.

In response, Hoskinson echoed Gregaard’s message that “Cardano is better together.” He then urged community members to vote in favor of the proposal, arguing that the initiative would help “put Cardano where it belongs.”

Notably, he confirmed that he would attend both the Cardano Summit and TOKEN2049 alongside other ecosystem participants.

Cardano Founder Reverses Position

Hoskinson’s endorsement is notable because he initially opposed funding the initiative. At the time, he argued that conference spending and crypto networking events were unlikely to drive meaningful token price appreciation, a position that contributed to many DReps voting against the original proposal.

However, Hoskinson later reconsidered his stance. Following recent governance debates within the Cardano ecosystem, he concluded that maintaining a strong presence at major industry events is strategically important for Cardano’s long-term growth and influence.

As a result, he pledged his personal support for the initiative and announced plans to elevate Cardano’s TOKEN2049 sponsorship to the Title Sponsor level. According to Hoskinson, the move would help ensure that both Cardano and Midnight receive the visibility they deserve on one of the crypto industry’s largest stages.

Cardano Community Approves Proposal

Hoskinson’s endorsement helped build momentum behind the revised proposal. Ultimately, the measure secured 66.67% community approval, surpassing the required threshold of 65.21%. The approval officially clears the way for Cardano’s participation in both the 2026 Cardano Summit and TOKEN2049 in October. 

Cardano Summit 2026 Proposal Passes
Cardano Summit 2026 Proposal Passes

For Hoskinson, the proposal is about more than sponsoring events. Rather, it is about ensuring that Cardano has a prominent voice in the discussions shaping the future of blockchain technology while increasing awareness of its ecosystem among developers, institutions, investors, and industry leaders worldwide. 

Top 10 Ethereum Wallets Trusted by Crypto Experts

Jakkk
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Top 10 Ethereum Wallets Trusted by Crypto Experts

The Ethereum wallet market is projected to reach $4.5 billion by 2033. 

Ethereum’s decentralized blockchain powers top dApps, DeFi protocols, and NFT platforms, making ETH one of the most actively used blockchains in the world. 

As Ethereum adoption continues to grow, choosing a reliable Ethereum wallet is a top priority for investors to keep their assets secure. 

In this guide, we will cover the top 10 Ethereum wallets trusted by crypto experts in 2026 to help investors choose the safest options for their digital assets.

Top 10 Ethereum Wallets According to Crypto Experts

Below are the top 10 Ethereum wallets, ranked by crypto experts for their security features, ease of use, DeFi access, and NFT support.

1. MetaMask

Type: Software Hot Wallet 

MetaMask is one of the most popular Ethereum wallets online. For users, it is a default wallet that seamlessly integrates with decentralized applications and NFTs.

Top Features:

  • One-click dApp and DeFi connection
  • Built-in token swap functionality
  • Easy network switching (Ethereum mainnet, L2S, testnets)
  • Hardware wallet compatibility
  • Supports custom RPC networks

Why Experts Trust MetaMask: 

Experts trust MetaMask because it combines reliable self-custody with top security features. It has transparent open-source code and offers deep integration across the Web3 ecosystem.

2. Trust Wallet

Type: Software Hot Wallet 

Originally launched in 2017, Trust Wallet now supports over 100 blockchains and more than 10 million crypto assets. Trust Wallet is popular for its ease of use in daily crypto activities and token storage.

Top Features: 

  • Supports Ethereum and multiple chains
  • Built-in staking options
  • NFT storage
  • Integrated decentralized exchange
  • User-friendly mobile interface

Why Experts Trust Trust Wallet: 

Crypto experts trust this wallet as it is an open-source, non-custodial application that gives users full ownership of their private keys and digital assets.

3. Coinbase 

Type: Software Hot Wallet 

Coinbase Wallet gives users complete control over their crypto assets. Coinbase supports Ethereum, NFTs, DeFi protocols, and multiple EVM-compatible chains. It is one of the most beginner-friendly wallets.

Top Features:

  • Beginner-friendly interface
  • NFT support
  • Easy connection with the Coinbase exchange
  • Cloud backup options
  • Multi-chain support

Why Experts Trust Coinbase Wallet: 

Experts trust Coinbase Wallet because it seamlessly combines self-custody with the institutional-grade security, transparency, and regulatory compliance of a publicly traded U.S. company.

4. Rabby 

Type: Software Hot Wallet 

Rabby wallet is built specifically for Ethereum and EVM chains. It helps users understand exactly what a transaction will do before they approve it, adding an extra layer of security.

Top Features

  • Automatic chain switching
  • Pre-transaction simulation (see token changes before signing)
  • Risk alerts for suspicious transactions 
  • Multi-chain support (all EVM chains)
  • Clean, fast UI

Why Experts Trust Rabby Wallet: 

Many experienced DeFi traders prefer Rabby because it offers clearer transaction details before approvals. Experts also appreciate its ability to automatically switch networks across EVM-compatible blockchains.

5. Exodus 

Type: Software Hot Wallet

Exodus is a designed desktop and mobile wallet that supports over 260 cryptocurrencies. It is popular with beginners because the interface is clean and intuitive.

Top Features:

  • Stunning, beginner-friendly interface
  • Supports 260+ crypto assets
  • Built-in exchange and portfolio tracker
  • Hardware wallet integration (Trezor)
  • 24/7 live support

Why Experts Trust Exodus Wallet: 

Experts and blockchain enthusiasts trust Exodus Wallet primarily for its non-custodial architecture, flawless track record, and emphasis on user privacy.

6. Rainbow

Type: Software Hot Wallet 

Rainbow Wallet is widely regarded as the most polished Ethereum wallet on mobile. It is designed specifically for the Ethereum ecosystem, with excellent support for NFTs, DeFi, and Layer-2 networks.

Top Features:

  • Beautiful, user-friendly interface
  • Full NFT display with metadata
  • Swap tokens directly in-app
  • Excellent Layer-2 support
  • WalletConnect integration for dApp access

Why Experts Trust Rainbow Wallet: 

Experts trust Rainbow Wallet because it combines true self-custody with a transparent, open-source codebase.

7. ZenGo

Type: Software Hot Wallet 

ZenGo is one of the most innovative Ethereum wallets available today. Instead of a traditional private key, ZenGo uses Multi-Party Computation (MPC) cryptography to split your key into two:

  1. One is stored on your device 
  2. The other is stored on ZenGo’s servers

Neither share alone can access your funds.

Top Features:

  • MPC-based keyless security — no seed phrase vulnerability
  • Biometric face authentication for account recovery
  • Built-in Web3 firewall to block malicious transactions
  • In-app token swaps and ETH buying with fiat
  • 24/7 live customer support

Why Experts Trust ZenGo Wallet: 

Crypto experts choose ZenGo because it replaces risky seed phrases with a more secure recovery system. Since its launch in 2018, the wallet has never experienced a hack.

8. Safe (formerly Gnosis Safe)

Type: Smart Contract Hot Wallet 

Safe Wallet is widely used by DAOs, crypto teams, and organizations. It uses multi-signature technology, which requires multiple approvals before transactions are completed, meaning a transaction only goes through when a set number of approvers sign off.

Top Features:

  • Multi-signature security
  • Team wallet management
  • DeFi compatibility
  • Strong smart contract protection
  • Ethereum-native infrastructure

Why Experts Trust Safe Wallet: 

Experts and institutions in the Web3 space trust Safe (formerly Gnosis Safe) because it replaces single-point-of-failure private keys with highly secure, customizable, and formally verified smart contract accounts.

9. Ledger Nano X

Type: Hardware Cold Wallet

Ledger is the world’s most popular hardware wallet brand. It stores your private keys completely offline in a secure chip, meaning even if your computer is hacked, your ETH is safe.

Top Features:

  • Offline cold storage
  • Bluetooth connectivity
  • Supports thousands of assets
  • Works with MetaMask
  • Advanced security chip

Why Experts Trust Ledger Nano X: 

Security is the biggest reason why crypto experts choose Ledger Nano X. Since the wallet remains offline, hackers cannot easily access private keys.

10. Trezor Safe 7

Type: Hardware Cold Wallet

The Trezor Safe 7 wallet is designed for crypto investors who prioritize security and offline asset management. The wallet supports strong recovery and backup options.

Top Features

  • Offline storage
  • PIN and passphrase protection
  • Open-source firmware
  • Touchscreen security features
  • Compatible with Web3 apps

Why Experts Trust Trezor Safe 7: 

The Trezor Safe 7 is trusted by hardware wallet experts because of its industry-first dual secure element architecture, 100% open-source transparency, and future-proof design

Top 10 Ethereum Wallets at a Glance

Wallet Type Top Feature Why Experts Trust It
MetaMask Hot Wallet dApp & DeFi access Industry-standard Web3 wallet
Trust Wallet Hot Wallet Multi-chain support Full user control of assets
Coinbase Wallet Hot Wallet Beginner-friendly Easy and secure self-custody
Rabby Hot Wallet Transaction simulation Safer DeFi transactions
Exodus Hot Wallet Simple interface Great for new users
Rainbow Hot Wallet NFT management Built for Ethereum users
ZenGo Hot Wallet Seedless security MPC-based protection
Safe Wallet Smart Contract Wallet Multi-signature security Complete control over private keys
Ledger Nano X Cold Wallet Offline storage Industry-leading security
Trezor Safe 7 Cold Wallet Open-source protection Transparent and secure design

 

Why Do Crypto Experts Choose the Ethereum Wallet?

An Ethereum wallet is the fundamental gateway to the entire decentralized finance (DeFi) ecosystem, Web3 applications, and advanced smart contract capabilities. Here are the reasons why Crypto Experts choose the Ethereum Wallet:

Core Access to Web3 and DeFi

  • Your gateway to decentralized financial services and decentralized exchanges.
  • Execute blockchain transactions online.
  • Connect to thousands of decentralized apps.

Asset Diversity and Token Standards

  • Handle diverse token portfolios effortlessly.
  • Protect your NFT portfolio in one place.
  • Keep assets organized across networks.

Security and True Ownership

  • Eliminate counterparty risks associated with centralized exchanges.
  • Private Keys give investors absolute ownership over their digital funds.
  • Hardware Compatibility pairs with cold storage devices for maximum security. 

Key Factors Crypto Experts Should Consider When Choosing an Ethereum Wallet

Crypto experts should consider a few critical factors to choose a perfect Ethereum Wallet:

1. Custodial vs. Non-Custodial

  • Non-Custodial: Experts strongly recommend self-custody wallets where you alone hold the cryptographic private keys or seed phrase.
  • Custodial: Platforms like Coinbase act as a custodian. Avoid these for long-term storage or heavy Web3 interaction, though they can be convenient for quick exchange settlements. 

2. Wallet Type

  • Hardware Wallets (Cold Storage): Physical devices (like Ledger or Trezor) that isolate keys offline. Essential for securing high-value assets and long-term holds.
  • Software Wallets (Hot Wallets): Browser extensions or mobile apps (e.g., MetaMask, OKX). Highly convenient for daily dApp interactions, but requires stricter security practices. 

3. Web3 & dApp Integration

  • DApp Browsers & WalletConnect: Experts require seamless connectivity to decentralized exchanges (Uniswap, Aave) and NFT marketplaces (OpenSea, Blur). 
  • Multi-Chain & L2 Support: Ethereum experts usually juggle Layer-2 networks (Arbitrum, Optimism) and sidechains (Polygon). Verify your wallet natively handles these protocols without requiring custom Remote Procedure Call (RPC) configurations. 

4. Advanced Security Features

  • Smart Contract / MPC Wallets: Traditional seed phrases come with human-error risks. Advanced wallets utilize Multi-Party Computation (MPC) or Smart Contract functionality to provide features like multi-signature (multisig) and social recovery. 
  • Hardware Security Module (HSM): Look for wallets utilizing Evaluation Assurance Levels (EAL) (ideally EAL5+ or higher) embedded in their secure elements

Expert Tips to Secure Your Ethereum Wallet

To secure your Ethereum wallet, focus on these essential, actionable tips:

Back Up Your Seed Phrase: Many crypto losses occur simply because people misplace their recovery details. Keeping your seed phrase secure helps avoid that risk.

Add Extra Security Wherever Possible: Most wallet hacks don’t happen because the technology fails. They happen because basic security steps are skipped.

Keep Large Amounts of Crypto Offline: Many long-term crypto investors move their holdings into hardware wallets for an extra layer of protection.

Double-Check Wallet Addresses Before Sending: Before sending crypto, take a quick moment to review the wallet address. It’s a simple habit that can prevent costly mistakes.

The Bottom Line

The Top 10 Ethereum Wallets Trusted by Crypto Experts in 2026 combine strong security, easy access to Web3, and the flexibility to manage digital assets across multiple networks. From beginner-friendly mobile wallets to advanced hardware solutions, each option on this list caters to the needs of different crypto investors.

As Ethereum continues to drive innovation across DeFi, NFTs, and decentralized applications, having a reliable wallet is more than a convenience—it’s your gateway to the future of digital finance.

For more information on the latest crypto news and market updates, visit our dedicated The Crypto Basic coverage hub.

The Largest Bitcoin Holders No Longer Buying

Elendu Benedict
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The Largest Bitcoin Holders No Longer Buying

The biggest Bitcoin holders are no longer adding aggressively to their positions, raising fresh concerns about the strength of the current market structure.

Fresh on-chain data from CryptoQuant shows a decline among prominent Bitcoin (BTC) whales. Prices are already beginning to look weak following an over 5% drop in the past seven days. This stalled accumulation adds fresh pressure to the cryptocurrency’s price.

Key Points

  • Both whale and dolphin wallets are slowing down accumulation at the same time.
  • Dolphin wallets’ balances have been recording consistently lower highs since September 2025.
  • Whale wallets have declined at their fastest rate of this year, mirroring the 2022 bear market.
  • Historically, periods where whales and dolphins pause accumulation together have often preceded weaker price action.

Bitcoin Whales Stopped Accumulating

The CryptoQuant report shows that both whale and dolphin wallets are slowing down accumulation at the same time.

The balance of dolphin wallets—addresses holding between 100 and 1,000 BTC—has been recording consistently lower highs since September 2025. Their holdings have declined year-over-year, trading below their 365-day moving average.

Notably, dolphin wallets’ balance peaked at 970,000 BTC in October 2025. Since then, it has trended lower, as addresses in this category distribute holdings.

At the same time, whale wallets, which are addresses containing between 1,000 and 10,000 BTC, have seen their balance decline at the fastest rate of this year. This year-over-year drop resembles the distribution rate seen in the 2022 bear market. 

Additionally, monthly growth of these high-caliber BTC holders remains near zero since February, highlighting persistent selling pressure.

Bitcoin Whale and Dolphin Accumulation Stalls/CryptoQuant
Bitcoin Whale and Dolphin Accumulation Stalls/CryptoQuant

What Does It Mean for Bitcoin?

This combined drop in buying pressure matters because these cohorts are some of the most influential participants in the market. When both groups slow down simultaneously, it usually signals that large-scale accumulation is losing momentum.

Rather than expanding positions aggressively as prices fluctuate, many of these holders now appear to be sitting on existing balances or selling while waiting for stronger confirmation from the broader market.

Notably, the CryptoQuant report classified ETFs and treasury firms within the dolphin category. The reduction in their holding coincides with weaker ETF inflows and softer spot demand, as institutional traction dwindles.

The US Bitcoin spot ETFs are on a 9-day outflow streak, with $1.3 billion worth of Bitcoin already sold this week. So far in May, these products have recorded a net outflow of $2.30 billion, the largest since November 2025.

US Bitcoin ETFs Monthly Outflow
US Bitcoin ETFs Monthly Outflow

Weak Participation Detrimental to Prices

Interestingly, this analysis comes on the back of the growth of long-term holders’ supply. Their share of the market rose to an unprecedented level of 74.3%, as their stash expanded to 14.85 million BTC.

Despite the growth, CryptoQuant believes the rise reflects slowing turnover instead of strong conviction. Fewer coins are changing hands at the current market state, causing more BTC to age into long-term holder status.

That dynamic creates a fragile setup. Markets driven mainly by inactive holders rather than expanding demand often struggle to maintain strong upward momentum. Without consistent spot buying pressure, rallies can become heavily dependent on leverage activity in futures markets, which tends to increase volatility.

Historically, periods where whales and dolphins pause accumulation together have often preceded weaker price action. While this does not guarantee a deeper correction, it suggests the market may continue lacking the strong participation needed for a sustained recovery in the near term.

US-based Investment Advisory Firm Reveals 3 Reasons XRP Could Rally Before Summer

Sam Wisdom Raphael
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US-based Investment Advisory Firm Reveals 3 Reasons XRP Could Rally Before Summer

U.S.-based investment advisory firm The Motley Fool reveals three reasons they believe XRP could record a price rally before summer.

Notably, XRP remains under pressure along with the broader crypto market, falling by more than 3% in May. Despite this decline, The Motley Fool believes several factors could help the crypto asset rebound before summer arrives.

Key Points

  • XRP has declined more than 3% this month alone, on track to record its seventh monthly loss in eight months.
  • The Motley Fool believes XRP still has a good chance of engineering a comeback before summer.
  • They highlighted the passage of the Clarity Act, XRP ETF inflows, and Rakuten Wallet integration as reasons for a possible XRP rally.

XRP Down Alongside Rest of the Market

The report, authored by financial writer Lyle Daly, explained that XRP has stayed mostly flat in recent weeks. While it traded at around $1.40 at the time of the report, the crypto asset has since collapsed to $1.32 at press time. 

Notably, this represents a sharp drop compared to last year, when it climbed above $3 and stood out as one of the market’s top-performing cryptocurrencies. Daly noted that this downward price action is part of a broader trend, as the entire crypto market is currently going through a downturn.

He added that while crypto prices can be hard to predict, certain developments could help XRP regain strength in the near term. According to him, these factors may start to influence the market before summer begins.

Regulatory Progress from Clarity Act

Daly mentioned regulatory clarity as one of the major drivers that could support XRP’s recovery. He noted that uncertainty around regulations has long affected the crypto market, especially XRP, due to its ties to Ripple. 

The company spent years in a legal dispute with the U.S. Securities and Exchange Commission, which claimed XRP was an unregistered security. However, the case was settled last August.

The Motley Fool report then highlighted the Clarity Act, which aims to create a clearer set of rules for cryptocurrencies. While the SEC and the Commodity Futures Trading Commission already treat XRP as a digital commodity, the new bill could make that status official under federal law.

This could remove a major concern for investors and open the door for more institutional adoption. Daly noted that the Senate Banking Committee passed the Clarity Act on May 14, which briefly pushed XRP’s price higher. The bill now moves to the full Senate, where a vote is expected in June.

XRP ETF Growth Shows Rising Institutional Demand

Daly also called attention to the growing interest in XRP ETFs. These products allow large investors to gain exposure to XRP, and recent data shows that inflows are picking up. On May 11, spot XRP ETFs recorded $25.8 million in inflows, the highest single-day figure since Jan. 5.

He compared this to other crypto funds, noting that Ethereum ETFs saw nearly $17 million in outflows on the same day. As of May 16, XRP ETFs held about $1.3 billion in total assets. Daly also cited a forecast from JPMorgan Chase, which expects these funds to attract between $4 billion and $8 billion in their first year.

Although current inflows are still below this range, Daly said momentum can build quickly in the crypto market. He added that clearer regulation through the Clarity Act could further support this growth. 

Recent data also shows more impressive figures since The Motley Fool report. Notably, XRP ETFs have not recorded a single day of outflows with only two days left in May, marking their longest streak this year. 

In May alone, they have brought in $120 million in net inflows, raising total cumulative inflows to $1.41 billion. This puts May on track to become the best month of the year and the third strongest overall, behind November and December 2025.

Rakuten Integration Expands XRP’s Use Case

Another major development highlighted by The Motley Fool is Rakuten’s XRP integration. Daly reported that Rakuten Wallet, part of Japan’s largest e-commerce company, added XRP to its Rakuten Pay app last month. This allows its 44 million users to use XRP as a payment method across more than 5 million merchants in Japan.

Users can also buy XRP using Rakuten Points, a rewards system that has issued over 3 trillion points worth about $23 billion. Daly said this fits well with XRP’s purpose as a fast and low-cost payment option.

He noted that letting users convert reward points into XRP could help drive adoption, especially among new users who may not want to invest cash right away. This could make it easier for more people to start using the cryptocurrency.

Positive Signals, But No Guarantees

Daly concluded that XRP has seen several positive developments recently, though this does not guarantee a price increase. According to him, it remains difficult to predict movements in the crypto market.

However, he believes the improving regulation, rising ETF interest, and growing real-world use could support XRP’s price. These factors suggest that the asset could see a strong move as summer approaches.

Cardano Leads Major Blockchains With 36% Stablecoin Market Cap Growth

Lele Jima
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Cardano Leads Major Blockchains With 36% Stablecoin Market Cap Growth

Cardano has emerged as the top-performing blockchain for stablecoin market cap growth over the past week, outperforming networks such as Polygon and HyperEVM.

According to data from Messari, Cardano recorded the highest stablecoin market cap growth among major blockchain ecosystems over the past seven days. Accelerated minting activity involving Circle’s USDCx on-chain representation, combined with steady inflows into other Cardano-native stablecoins, largely fueled the increase. 

Key Points

  • Cardano recorded the highest stablecoin market cap growth among major blockchain ecosystems over the past seven days.
  • Its stablecoin market cap surged by 36.3%, outperforming Polygon, which ranked second with 25.5% growth.
  • Nearly 8 million USDCx were minted on Cardano within the last two days alone.
  • The total Cardano stablecoin market capitalization has now risen to approximately $54.88 million, with USDCx and USDM remaining the dominant assets.

Cardano Leads in Stablecoin Market Growth 

Data from Messari shows that Cardano’s stablecoin market capitalization surged by 36.3% over the past seven days. Notably, Polygon occupied the second position with 25.5% growth, followed by World Chain at 10.3%, HyperEVM at 7.4%, and XDC Network at 3.5%.

Stablecoin by market cap
Stablecoin growth by market cap

USDCx Drives Cardano Stablecoin Market 

Meanwhile, Circle’s USDCx stablecoin continues to experience strong minting activity on the Cardano blockchain. Data from Cexplorer indicates that millions of USDCx have been minted throughout the week, including nearly 8 million USDCx created within the last two days alone.

As a result, liquidity across the Cardano ecosystem has expanded significantly. Current data also shows that Cardano’s net stablecoin flow for the ongoing epoch has climbed to approximately $8.55 million. 

During this period, stablecoin minting reached around $9.57 million, while approximately $1.02 million worth of stablecoins were burned. 

Cardano Stablecoin Market Cap Nears $55 Million

Cardano’s total stablecoin market cap has now risen to approximately $54.88 million. Notably, this represents a 15.05% increase compared to levels reported in early March 2026.

USDCx currently dominates the ecosystem with a 45.21% share of Cardano’s stablecoin market. In comparison, USDM accounts for 26.92%, USDA controls 15.45%, while DJED represents roughly 5.93%.

Cardano Stablecoin Dashboard
Cardano Stablecoin Dashboard

The data points to growing liquidity and increasing stablecoin adoption within the Cardano ecosystem. These metrics often serve as key indicators of strengthening on-chain financial activity and expanding decentralized finance usage.

Although Cardano’s stablecoin ecosystem continues gaining traction, the network still plans to integrate a Tier-1 stablecoin such as Circle’s USDC or Tether’s USDT. Cardano founder Charles Hoskinson has repeatedly emphasized this objective, arguing that such integrations could significantly strengthen the network’s DeFi activity and liquidity depth.

XRP Coinbase Order Book Shows 7x Stronger Buy Liquidity

Abdulkarim Abdulwahab
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XRP Coinbase Order Book Shows 7x Stronger Buy Liquidity

Analyst Dom says the XRP order book on Coinbase remains heavily tilted toward buyers, even though the token has struggled to build strong upward momentum recently.

According to Dom, buy orders in XRP’s order book are far larger than sell orders. He said buy-side liquidity in the larger order ranges is almost seven times higher than sell-side pressure.

While this does not guarantee a price rally, it suggests XRP may have an easier path upward than downward under current market conditions.

Key Points

  • XRP order book on Coinbase is heavily skewed toward buyers, with buy liquidity far exceeding sell pressure.
  • Analyst Dom says buy-side depth is 7x larger, suggesting easier upward moves than downside under current conditions.
  • XRP trades near $1.20–$1.30 liquidity zone, while price remains mixed despite recent short-term gains.
  • XLM’s 40% rally is fueling speculation XRP could follow, with targets projected around $1.76–$2 if momentum builds.

Explaining Order Books

Dom explained that order books mainly show trader intentions rather than exact predictions of future price movements. However, he said these signals can still be useful.

He pointed to his earlier bearish Bitcoin call in early 2025, where similar order book data helped support his view before Bitcoin later fell by about 30%.

Coinbase Order Book Shows Strong Buyer Interest

A heatmap shared by Dom showed large buy orders sitting below XRP’s current price on Coinbase’s spot market. These buy walls are often areas where traders could step in quickly if XRP drops.

Meanwhile, sell orders above the current price appeared much smaller in comparison. According to Dom, this suggests it may take less buying pressure to push XRP higher than it would take selling pressure to send it sharply lower.

The chart also showed that XRP is still trading near a major liquidity zone between $1.20 and $1.30.

Image

XRP Price Still Under Pressure

Despite the bullish order book setup, XRP’s price performance has remained mixed in recent weeks.

Data from CoinMarketCap shows XRP trading around $1.32 after rising 2.54% in the past 24 hours. Despite the short-term gain, the token remains down 2.56% over the last week and about 5% over the past month.

The recent price movement reflects uncertainty across the crypto market, as traders continue to monitor macroeconomic news.

Although Dom did not predict an immediate rally, his comments have sparked further discussion about XRP’s market structure and whether strong buy-side liquidity could eventually support a larger breakout.

Meanwhile, traders are also watching Stellar (XLM) to see whether XRP can break above key resistance levels.

Will XRP Follow XLM?

XLM has surged more than 40% this week, prompting analysts to question whether XRP could follow, given their historical price correlation. Analyst Kevin Cage noted that while XLM has broken out after months of sideways trading, XRP remains range-bound.

Traders often compare XRP and XLM because both focus on cross-border payments and have historically mirrored each other’s price movements. Some analysts now predict XRP could see a delayed breakout toward $1.76–$2 in June if momentum improves.

At the same time, whales on Hyperliquid are opening massive long positions worth millions of dollars using 20x leverage. This has fueled speculation of a bullish move ahead. With XRP posting 2% daily gains, many traders hope the upside momentum will continue.

Finance Coach Shares Why He Keeps Stacking XRP Despite the DTCC-XLM News

Mark Brennan
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Finance Coach Shares Why He Keeps Stacking XRP Despite the DTCC-XLM News

Finance coach John Vasquez says XRP still has long-term value despite DTCC choosing Stellar for part of its tokenization strategy.

His comments come on the back of the recent DTCC-Stellar announcement that seems to have triggered renewed interest in XLM. Vasquez insists he is still stacking XRP.

Key Points

  • Coach JV says he still accumulates XRP despite growing investor interest in XLM after the DTCC announcement.
  • According to him, the DTCC choosing Stellar does not mean XRP will be left behind in the growing tokenization market.
  • DTCC plans to connect its tokenized securities platform to Stellar during the first half of 2027.
  • XLM surged 44% in three days, rising from $0.1475 to $0.2123 after the announcement.
  • DTCC said its tokenization strategy supports multiple blockchains, not just one network.

Coach JV Says XRP Still Has a Strong Future

The recent announcement involving the Depository Trust & Clearing Corporation (DTCC) and the Stellar blockchain has resulted in new comparisons between XRP and Stellar’s token, XLM. 

The news seems to have also pushed some investors to shift funds from XRP into XLM. However, John Vasquez believes XRP still holds strong long-term potential despite the growing attention around Stellar.

In a post on X, Vasquez said he found it surprising that many investors quickly started selling XRP for XLM after hearing about the DTCC partnership. 

He revealed that he owns both assets but continues to add more XRP to his portfolio. According to him, it makes little sense to believe that one company, blockchain, or protocol will completely control the future financial system without competition from others.

Vasquez said the financial system works more like an ecosystem where several networks can exist together instead of one chain taking over everything. 

He warned that investors often damage their portfolios when they react emotionally to headlines and constantly jump from one trend or influencer to another while searching for the next guaranteed winner. 

Vasquez believes XRP still remains in a position to benefit from the future financial system alongside many other blockchain networks.

DTCC Expands Its Multi-Chain Tokenization Plans

For context, DTCC announced on May 27, 2026, that it plans to connect its tokenized securities platform to the Stellar blockchain. 

The firm said it expects DTC-custodied tokenized assets to become available on Stellar during the first half of 2027. This is part of the company’s multi-chain strategy for institutional tokenization of traditional financial assets.

Through this integration, DTCC plans to support the issuance, settlement, corporate actions, and lifecycle management of tokenized assets on Stellar. These assets include stocks, ETFs, U.S. Treasuries, and corporate bonds.

However, DTCC also clarified that it does not plan to rely on only one blockchain, as it continues to support a multi-chain approach. Some discussions surrounding the announcement pointed out that Stellar is only one of several networks being considered, including potentially XRPL.

XLM Jumps While XRP Faces Continued Pressure

The DTCC announcement triggered a rally for XLM. Since May 27, 2026, the token has climbed from $0.1475 to $0.2123, a 44% gain within three days. The surge pushed XLM back to price levels last seen before the crypto market crash in January 2026.

XLM has also gained 34% during May 2026 and now sits on track for its biggest monthly increase since July 2025. The strong performance attracted more investor attention and triggered the comparisons between Stellar and XRP.

Meanwhile, XRP has continued to struggle alongside the broader crypto market. Over the same three-day period, XRP slipped about 0.8%. The token has also fallen 3.97% during May 2026 and is now on track to post its seventh monthly decline in the last eight months. 

Despite the excitement around Stellar, some crypto figures still believe the DTCC announcement does not hurt XRP’s long-term outlook. Shortly after the news broke, crypto founder Jay Nisbett shared views similar to those expressed by Vasquez.

Nisbett said DTCC is not trying to choose one blockchain as the sole winner. He believes the company wants multiple blockchain networks to work together within the financial system. According to him, Stellar is only one of several chains DTCC plans to use.

Bitcoin Bear Market to Continue? BTC Price Drops Below Key Cycle Indicator

Elendu Benedict
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Bitcoin Bear Market to Continue? BTC Price Drops Below Key Cycle Indicator

Bitcoin has lost the bear market resistance band after briefly breaking above it, suggesting that the price downtrend could continue.

It is not looking good for Bitcoin (BTC) here. While it has dropped 5% in the past seven days, a recent discovery suggests that bears are just regaining full control of the market, and prices might trend lower.

Key Points

  • Bitcoin has dropped below the bear market resistance band following the recent price pullback.
  • This band consists of the 20-week SMA and the 21-week EMA.
  • Earlier in May, Bitcoin climbed above this band for the first time since late October 2025, following its rally to above $82,000.
  • After the recent breakdown, the bear market could likely persist, dragging prices much lower.
  • The target is for Bitcoin to bottom in Q4 2026.

Bitcoin Falls Below Bear Market Band

Benjamin Cowen, the founder of IntoTheCryptoverse, shared this discovery in his recent X post. The prominent market watcher remains committed to his prediction that the bear market is not done yet despite widespread criticism.

Yesterday, he shared another market metric backing this view. Cowen highlighted that BTC has dropped below the bear market resistance band following the recent price pullback. For the uninitiated, this band consists of the 20-week SMA and the 21-week EMA. 

Holding above this band keeps bullish momentum alive, and a drop below comes with strong selling pressure. Currently, the band’s upper boundary is at $78,000, and its lower boundary sits at $74,151. Usually, this band acts as resistance in midterm years, capping upside attempts. However, during bull seasons, it acts as the support band.

Earlier in May, Bitcoin climbed above this band for the first time since late October 2025, following its rally to above $82,000. However, this momentum appears short-lived, as it has dropped below the resistance band again.

Bitcoin Loses the Bear Market Resistance Band/Benjamin Cowen
Bitcoin Loses the Bear Market Resistance Band/Benjamin Cowen

Bearish Implications for Bitcoin Price 

With the breakdown, Cowen sees further downside. According to him, the bear market could likely persist, dragging prices much lower.

Notably, this is in alignment with midterm seasons, where the market consolidates on gains from the current cycle before ushering in the next. The asset always revisits prior bull market tops from the previous cycle and bottoms there before the end of the year, before any meaningful recovery starts.

The analyst has always expected this to happen, insisting in his earlier BTC price prediction that the four-year cycle is not dead yet. The loss of the bear market resistance further boosts his conviction of this familiar pattern playing out.

His earlier analysis suggests that Bitcoin would slide lower throughout June, eventually breaking the local support near $60,000. The target is to bottom in Q4 2026, contradicting the strengthening speculation that Bitcoin formed its bear market base in February.

Key Levels to Watch

A separate analysis from Ali Martinez highlighted Bitcoin’s trend within an ascending channel that has held price since February.

Currently, the asset is at the lower support zone of this structure, which aligns with both the 100-day SMA and the 0.236 Fibonacci retracement level. This places the channel’s floor at $73,000 to $71,300.

He noted that if buyers defend this support area, prices could rebound, targeting $77,000 to $79,500. However, losing the $71,300 demand zone ensures a breakdown from the ascending channel. The target is $59,798, which marks a new yearly price low for BTC.

Cardano Founder Eyes Parabolic Crypto Growth by 2027

Lele Jima
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Cardano Founder Eyes Parabolic Crypto Growth by 2027

Cardano founder Charles Hoskinson has shared an optimistic outlook for the crypto market, predicting that the sector could experience parabolic growth by 2027.

Despite the bearish performance that dominated most of 2026, Hoskinson remains confident that the broader crypto market will finish the year strongly. He made the remarks during a virtual interview on The Breakdown show hosted by pro-crypto advocate David Gokhshtein.

Key Points 

  • Cardano founder Charles Hoskinson predicts the crypto market could experience parabolic growth by 2027. 
  • He believes emerging technologies like selective disclosure and privacy systems will drive this growth. 
  • He expects the innovation to attract 10x users and capital into the crypto ecosystem. 
  • Hoskinson continues to remain bullish on both ADA and Midnight’s native token, NIGHT, despite major price declines in 2026.  

2027 Will Be Parabolic: Hoskinson 

During the interview, Hoskinson suggested that the crypto industry may be entering one of its most transformative periods yet. According to Hoskinson, the market will “exit the year really strong” before entering a phase of rapid expansion by next year, which he expects to become a parabolic growth period. 

He believes emerging technologies will drive the next phase of industry growth. In his view, these technologies will reshape how users and institutions interact with blockchain ecosystems.

Cardano Founder Expects Emerging Techs to Attract 10x Users and Capital Into Crypto Market 

The Cardano founder specifically highlighted abstractions, AI agents, selective disclosure systems, and privacy-focused infrastructure as the technologies likely to drive the transformation. These innovations aim to simplify blockchain applications while improving security, automation, and user control over data.

Hoskinson further explained that these technologies could pave the way for a new generation of users and institutions, potentially bringing “10x people and 10x capital” into the crypto ecosystem.

Cardano Positioning for Widespread Adoption 

Interestingly, Cardano has already begun positioning itself to benefit from this anticipated shift. The ecosystem offers a privacy-focused selective disclosure solution through Midnight, its partner chain. Notably, Google Cloud has already adopted the infrastructure to develop privacy-enhancing systems that institutions can trust.

In addition, AlphaTON Capital has leveraged Midnight to build privacy-preserving AI agents designed to scale across Telegram’s one billion users.

Although Hoskinson remains optimistic that selective disclosure and privacy technologies could attract significantly more users and capital into crypto markets, it remains uncertain whether these projections will materialize. 

Hoskinson Still Bullish on 2026 

Nonetheless, he has repeatedly described 2026 as a great year for both ADA and Midnight’s native token, NIGHT. He has maintained this optimistic outlook despite ADA declining 29.3% year-to-date and NIGHT falling nearly 60% over the same period. 

Meanwhile, Hoskinson has discouraged the Cardano community from focusing exclusively on token prices. Instead, he expects both ecosystems to achieve meaningful growth in development activity, infrastructure expansion, and adoption.

As previously reported, Hoskinson also revealed that Cardano’s scalability could improve significantly this year through the launch of Ouroboros Leios. Meanwhile, Midnight’s team continues discussions with banks and insurance firms exploring the tokenization of real-world assets on the network. 

New Hyperliquid Wallet Opens First-Ever XRP Trade With 20x Leverage as Bullish Bets Grow

Abdulkarim Abdulwahab
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New Hyperliquid Wallet Opens First-Ever XRP Trade With 20x Leverage as Bullish Bets Grow

A newly created Hyperliquid wallet has drawn attention after opening its very first trade: a massive leveraged XRP long position.

Specifically, the position is worth more than $1 million. XRP community figure Xaif shared the trade details on X. He revealed that the wallet deposited funds and immediately opened an 810,040 XRP long position at an entry price of $1.3348 using 20x leverage.

The position carries a notional value of roughly $1.08 million, making it one of the larger XRP directional bets currently attracting attention on Hyperliquid.

“What does he know that we don’t?” Xaif asked.

Key Points

  • A new Hyperliquid wallet opened its first XRP trade with a massive $1.08M long using 20x leverage.
  • The whale’s XRP position reflects growing bullish sentiment despite recent market volatility and weak momentum.
  • Hyperdash data shows the trader holds only XRP longs, with a liquidation price near $1.2090.
  • Rising leveraged XRP bets come as traders speculate XRP could follow XLM’s explosive rally.

Whale Makes High-Risk XRP Bet

The Hyperdash screenshot shared alongside the post showed the wallet maintaining an extremely bullish directional bias. Specifically, 100% of its active exposure is allocated to long positions. The account is newly active, with just one open position tied entirely to XRP.

Data from the dashboard showed the trade sitting at a small unrealized loss of around $1,108 at the time of the screenshot, with XRP trading slightly below the entry level.

The position also had a liquidation price near $1.2090, highlighting the risks of using 20x leverage in volatile crypto markets.

Despite the aggressive setup, the wallet still retained over $52,000 in free margin, suggesting the trader may have additional room to manage short-term price swings.

Wallet Performance Raises Questions

Interestingly, the Hyperdash data also showed the account posting heavy losses overall. It has an all-time PnL loss of more than $1.1 million and a 30-day perpetual trading loss exceeding $1.3 million. The wallet displayed a win rate of just 22.3% across 283 trades.

Image

Notably, the whale trade emerged as XRP price rebounded alongside the broader crypto market. XRP is currently trading around $1.31, up roughly 2% over the past 24 hours.

The move has fueled speculation that large investors may be positioning for a stronger upside move after weeks of price weakness.

More Whales Betting on an XRP Rebound

Just two days ago, a crypto whale opened a 20x leveraged XRP long on Hyperliquid during XRP’s dip to around $1.30. The trader entered a 792,200 XRP position at $1.3564, worth over $170,000.

Some XRP traders also believe the growing number of high-leverage long positions could signal expectations of a breakout if bearish momentum fades.

One factor fueling this speculation is the ongoing rally in XRP’s core rival, XLM. Over the past week, XLM has surged 41%, including a 22% daily jump. This has sparked speculation that XRP could follow due to the historic price correlation.

Some analysts believe XRP could see a delayed breakout, with June targets ranging from $1.76 to $2 if momentum strengthens. However, XRP’s weaker momentum and lack of a strong catalyst continue to raise doubts about whether it can match XLM’s rally.

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