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2 Reasons Shiba Inu Future Looks Promising and 2 Key Risks Facing SHIB

Lele Jima
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2 Reasons Shiba Inu Future Looks Promising and 2 Key Risks Facing SHIB

Amid the broader market downturn, investors are evaluating Shiba Inu long-term prospects.

Shiba Inu has mirrored the global crypto market downturn, declining 14.1% year to date. In addition, it has plunged 54% over the past six months and 23.6% over the past 30 days, to $0.000005913.

As this weakness persists, investors increasingly question the token’s long-term outlook. Once a standout in the 2020–2021 bull cycle, Shiba Inu now faces the challenge of maintaining strong community support while proving long-term stability.

Recent updates show growing utility and ecosystem development, yet structural challenges limit its upside. Based on this, there are two factors that could support a bullish outlook — and two that suggest caution.

Key Points

  • Shiba Inu remains under bearish pressure, trading below $0.000006 and down more than 14% year-to-date.
  • Potential ETF exposure and its ongoing token burn mechanism represent key bullish catalysts.
  • Fading community momentum and the team’s continued anonymity pose notable risks.
  • Analysts argue that SHIB’s long-term success hinges on expanding adoption and delivering sustained ecosystem growth.

Bullish Factors Supporting Shiba Inu Future

While Shiba Inu has several bullish factors that could support its prospects, its potential ETF exposure and ongoing burn mechanism stand out.

Potential U.S. ETF Exposure

For context, spot ETF inflows fueled major Bitcoin rallies over the past two years, as steady capital inflows pushed it to new highs before the recent correction.

Although Shiba Inu currently lacks a spot ETF, supporters believe that could change soon. Notably, a T. Rowe Price filing identified SHIB as a potential component, with an SEC decision expected this week.

If regulators approve, advocates argue it could pave the way for ETFs linked exclusively to SHIB and, in turn, spark stronger price momentum as institutional adoption accelerates.

Ongoing Token Burn Mechanism

At the same time, Shiba Inu continues to operate an active token burn mechanism designed to reduce its massive 589 trillion supply and support long-term price appreciation if demand rises.

Previously, the burn narrative helped fuel SHIB’s historic 2021 rally, particularly after Ethereum co-founder Vitalik Buterin burned more than 41% of the initial one-quadrillion token supply in a single transaction.

While burn activity has slowed recently, it could regain traction if community participation increases. Furthermore, expanding ecosystem projects and deeper integration with Shibarium could boost fee-based burns, reinforcing long-term supply reduction.

Bearish Factors Limiting SHIB Prospects

Despite these positives, skeptics point to two key risks that could restrain any sustained rally.

Waning Community Support

Notably, Shiba Inu’s explosive 2021 surge drew strength from its highly enthusiastic community, whose collective efforts helped SHIB secure listings on major exchanges, including Binance. However, that momentum has since faded.

Many early supporters have migrated to other projects or exited the market altogether amid prolonged declines. Consequently, without renewed grassroots engagement, SHIB may struggle to generate meaningful gains or maintain long-term growth.

Continued Anonymity

As investors increasingly prioritize transparency, the Shiba Inu team continues to operate under anonymous leadership. Lead developer Shytoshi Kusama remains pseudonymous and has declined to reveal his identity, even during public appearances.

While anonymity once added intrigue when SHIB carried a relatively modest valuation, the project has since evolved into a multi-billion-dollar ecosystem. As a result, critics argue that limited transparency could discourage institutional involvement and raise concerns over governance and accountability.

In Sum

Shiba Inu currently stands at a pivotal juncture. While potential ETF inclusion and supply-reduction efforts offer meaningful upside, declining community engagement and transparency concerns pose notable risks.

Ultimately, SHIB’s long-term success will depend on its ability to strengthen adoption, rebuild grassroots support, and deliver sustained ecosystem growth amid an increasingly competitive crypto landscape.

XRPL Dev Explains Hidden XRP Utility as Institutional DeFi Expands On-Chain

Abdulkarim Abdulwahab
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XRPL Dev Explains Hidden XRP Utility as Institutional DeFi Expands On-Chain

In a recent podcast episode, host Krippenreiter and XRP Ledger validator Vet explained what they describe as XRP’s most misunderstood strength — its built-in role within XRPL.

The discussion stressed that XRP is the core asset supporting liquidity, compliant DeFi, and institutional foreign exchange on-chain.

Key Points

  • XRPL validator Vet says XRP’s core utility lies in its built-in role as the Ledger’s native settlement asset.

  • Autobridging routes trades through XRP to improve liquidity and price discovery on the DEX.

  • Permissioned DEX upgrades aim to bring compliant, institutional-grade DeFi on-chain.

  • Growing FX and stablecoin activity on XRPL could drive long-term structural demand for XRP.

XRPL Was Always Built as a Multi-Asset Ledger

According to Vet, the XRP Ledger was never designed to be a single-asset network like Bitcoin. He noted that from day one, XRPL launched with:

  • A native decentralized exchange (DEX)
  • Tokenization through issued assets
  • Multi-currency support

This setup allows users to create stablecoins, tokenize assets, and trade directly on-chain without needing external smart contracts.

Vet said this functionality was not added later; it was part of the original design. The goal was to build a financial infrastructure layer for payments, foreign exchange, and tokenized assets.

At the center of it all is XRP.

XRP: The Neutral Asset at the Center

One of the key points from the podcast was XRP’s neutrality. Unlike issued tokens that require trust lines and carry counterparty risk, XRP does not depend on any issuer.

It does not require a trust line to hold and serves as the ledger’s only native settlement asset. Every transaction on the XRP Ledger requires XRP. Fees are paid in XRP and burned, making it deflationary by design.

Beyond fees, its larger role is liquidity. 

“You cannot do anything on XRPL without XRP,” Vet explained. “XRP is in the middle of everything.”

The “Hidden” Utility

Meanwhile, the discussion highlighted that one of XRPL’s most overlooked features is autobridging. This feature automatically routes trades through XRP when doing so improves pricing and liquidity.

For example, if there is no direct liquidity between two stablecoins, the ledger can route a trade like this:

EUR stablecoin → XRP → USD stablecoin

This makes trading more efficient and improves price discovery.

Vet noted that autobridging works on both the public DEX and the new permissioned DEX. The only limitation is that trades cannot bridge between public and permissioned environments. Within each environment, however, the feature works normally.

Institutional DeFi and the Permissioned DEX

Recent upgrades, including permissioned domains, credentials, and a permissioned DEX, are now live on the XRP Ledger. These features seek to bring compliance-ready financial infrastructure on-chain.

This aligns with Ripple’s push into institutional finance through products like Ripple Payments and the launch of Ripple USD (RLUSD).

The discussion also pointed to the growing stablecoin ecosystem on XRPL, including:

  • Euro Convertible from Societe Generale Forge
  • Ripple USD (RLUSD)
  • Other fiat-backed tokens already live on-chain

As more fiat-backed assets launch on XRPL, demand for FX swaps and cross-border liquidity is expected to increase. XRP remains central to that liquidity routing.

Why This Matters for XRP Demand

The key takeaway was not short-term price movement, but long-term structural demand. If institutions use permissioned DEXs for FX swaps and cross-border payments, market makers will need to hold XRP to provide liquidity. 

Higher trading volume could mean more XRP to keep markets efficient. This creates a direct link between network usage and XRP’s functional demand.

Unlike networks such as Ethereum, where DEX activity runs through smart contracts that collect protocol fees, XRPL’s DEX is built directly into the protocol. There is no separate layer extracting fees; the infrastructure is native.

For institutions seeking a neutral and censorship-resistant settlement layer, that design could be a significant advantage.

Ultimately, while many in the community focus on short-term price swings, Vet argued that institutional adoption and on-chain FX growth are the real drivers.

Dogecoin Analysis for Feb 24: Can DOGE Breach the 50-Day EMA With Analyst Targeting $0.119? 

Mark Brennan
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Dogecoin Analysis for Feb 24: Can DOGE Breach the 50-Day EMA With Analyst Targeting $0.119? 

Dogecoin tests key resistance at the 50-day EMA as analysts signal potential upside momentum toward higher range levels.

Dogecoin (DOGE) is trading at $0.09132, down 2.8% over the past 24 hours, with price action hovering near the lower end of its daily range between $0.09093 and $0.09736. The intraday chart shows an early push toward the $0.097 level before facing firm resistance, followed by a steady pattern of lower highs and lower lows that dragged the price back toward the $0.091 zone.

While DOGE is slightly up 0.5% against Bitcoin, short-term momentum remains tilted to the downside unless bulls can reclaim the $0.094–$0.095 area. However, longer-term performance reflects continued pressure, with DOGE down 8.9% weekly, 25.9% monthly, and 60.3% over the past year. This performance keeps the asset in a broader corrective phase as it tests the key psychological support around $0.090. What’s next for DOGE?

Dogecoin Price Analysis

On the daily timeframe, Dogecoin is continuing a broader downtrend that has persisted since late 2025. Price remains firmly below both the 50-day EMA ($0.1116) and the 100-day EMA ($0.1296). The shorter-term average is positioned beneath the longer-term one, a clear bearish alignment that reinforces downward momentum. 

DOGEUSD 1D Chart
DOGEUSD 1D Chart

Recent candles show repeated rejection near the 50-day EMA, confirming it as dynamic resistance, while the latest moves drift back toward the $0.09 zone after a failed rebound attempt in mid-February. The structure continues to print lower highs and lower lows, signaling that sellers remain in control unless price can reclaim the $0.11–$0.13 region.

Meanwhile, the Average True Range has declined to approximately 0.0067, indicating falling volatility after the sharp selloff. This compression suggests the market is cooling and potentially preparing for a larger directional move.

However, with volatility easing during an established downtrend and no bullish EMA crossover in sight, the technical bias remains cautious. For sentiment to shift meaningfully, Dogecoin would need a decisive breakout above the 50-day EMA. Failure to breach that level would expose the $0.09 level to further downside pressure.

Dogecoin on Shorter Timeframes

Crypto analyst Trader Tardigrade notes that on the 4-hour chart, Dogecoin has rebounded from the RSI oversold zone after previously cooling off from overbought conditions. His chart shows that similar RSI resets in recent sessions have led to strong upward moves, including a rally toward the $0.115–$0.119 region.

Dogecoin Prediction
Dogecoin Prediction

Based on this recurring pattern, the analyst projects a potential move back toward the upper boundary of the recent range, targeting a price above $0.119. To reach $0.119 from the current price of $0.09132, DOGE would need to surge by about 30%.

Bitcoin Plummets Under $63K as Risk-Off Mood Grips Markets

Zabi
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Bitcoin Plummets Under $63K as Risk-Off Mood Grips Markets

Bitcoin fell below the $63,000 mark on Tuesday, extending losses from the previous session as investor anxiety deepened across global markets.

The decline comes amid renewed trade tensions and a broader shift away from risk-sensitive assets, both of which have weighed heavily on cryptocurrencies and equities alike.

At the time of writing, Bitcoin was trading near $63,073, down roughly 8% over the past week. Moreover, prices are now approaching levels last seen on February 6, when the cryptocurrency briefly hit $60,000. This steady deterioration has thus heightened concern that the current pullback may not yet be complete.

Key Points

  • Bitcoin fell below $63,000, approaching the critical $60,000 technical support level.
  • Investor sentiment deteriorated sharply, with the Crypto Fear & Greed Index dropping to “extreme fear.”
  • Trade tensions escalated after Donald Trump imposed a temporary 15% tariff, pressuring risk assets globally.
  • Analysts warn that a sustained break below $60,000 could trigger a deeper correction toward $50,000.
  • Leveraged liquidations surged to $381.89 million, reflecting heavy unwinding of bullish positions.

Market Sentiment Turns Sharply Defensive

Investor caution is clearly reflected in sentiment indicators. The Fear & Greed Index has dropped to 8, a level classified as “extreme fear,” signaling widespread reluctance to take on risk.

Bitcoin Fear and Greed Index
Bitcoin Fear and Greed Index

This defensive posture extends beyond digital assets. U.S. equities also declined after President Donald Trump announced a temporary 15% tariff on imports, up from an earlier 10% proposal. The adjustment followed a Supreme Court ruling that invalidated his previous tariff framework, injecting fresh uncertainty into global trade policy.

At the same time, investors trimmed positions in companies viewed as vulnerable to disruption from artificial intelligence. This broader reassessment of risk has weighed on speculative assets, including cryptocurrencies.

In a media statement, Matt Howells-Barby, vice president at Kraken and host of Trading Spaces, noted that Bitcoin’s pullback mirrors the weakness in equities. He added that the move is driven by renewed tariff uncertainty and rising geopolitical tensions, drawing comparisons to conditions seen in April 2025.

According to him, the $60,000 level now represents a critical technical support zone. A sustained break below that threshold could open the door to a deeper correction, potentially pushing prices into the mid-to-low $50,000 range.

Technical Signals Show Downside Risk Isn’t Over

Beyond macro pressures, technical indicators suggest the market may not have yet found a solid bottom. In past cycles, Bitcoin formed lasting lows only after its 50-week moving average dropped below the 100-week average — a pattern known as a bear cross.

This happened at the end of the 2018 and 2022 downturns. But so far, the 50-week average is still above the 100-week average, meaning the crossover hasn’t happened.

At Consensus Hong Kong, several analysts said that if history repeats, Bitcoin could fall toward $50,000 or lower before a final capitulation.

However, the bear cross is a lagging indicator. It doesn’t predict future moves — it confirms trends that are already underway. For now, traders are closely watching price action and moving averages for clues about the market’s next move.

Bitcoin Price Chart
Bitcoin Price Chart

Liquidations Accelerate as Leveraged Positions Unwind

The sell-off has also triggered significant forced liquidations in derivatives markets. According to CoinGlass data, total liquidations reached $381.89 million over the past 24 hours.

Long positions accounted for $288.99 million of that figure, while short positions made up $92.90 million. This imbalance suggests bullish traders bore the brunt of the latest sell-off.

Weakness was not limited to Bitcoin. The broader cryptocurrency market fell approximately 3% over the same period, reducing total market capitalization to around $2.6 trillion.

Major tokens followed suit, with Ethereum falling 2.6% to $1,824, Solana dropping 2.4% to $76.57, and XRP declining 2% to $1.33.

Taken together, these developments highlight a market under mounting pressure from both macroeconomic uncertainty and fragile investor sentiment. With key technical levels approaching and volatility elevated, traders are closely monitoring whether Bitcoin can stabilize or whether further downside remains ahead.

Over 31,000,000 XRP Flowed into Binance in a Day: What are The Possible Implications?

Sam Wisdom Raphael
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Over 31,000,000 XRP Flowed into Binance in a Day: What are The Possible Implications?

XRP holders recently transferred over 31 million tokens into the Binance exchange, leading to uncertainties about how the price could react. 

The price has dropped 51% since October 2025, though price swings have started to calm down in recent weeks. Even so, buyers have not stepped in with enough strength to spark a clear rebound, and XRP continues to move sideways around $1.39.

Now, a sudden transfer of more than 31 million XRP to Binance in a single day has raised fresh questions about where the price could head next.

Key Points

  • Amid the ongoing bearish consolidation, XRP recently saw large exchange inflows that have led to renewed market uncertainty.
  • Binance recorded over 31 million XRP in inflows on Feb. 21, marking the largest single-day spike this month and the first above 20 million.
  • Whales holding between 100,000 and over 1 million XRP accounted for the largest share of the 31.75 million XRP moved to Binance.
  • Upbit saw 14.8 million XRP in inflows the same day, with mid-sized holders contributing 58% of that total.
  • Continued positive netflows of 20 million to 50 million XRP could indicate more selling, while negative netflows may suggest accumulation.
  • XRP’s price reaction between $1.35 and $1.40, along with sell walls within 1% to 3% above spot, will help determine short-term direction.

31 Million XRP Hits Binance in One Day

Notably, on Feb. 21, XRP recorded 31 million tokens flowing into Binance, making it the biggest single-day inflow to the exchange this month, according to data provided by CryptoQuant, an on-chain analytics resource.

Earlier in February, daily deposits typically ranged between 1.2 million and 1.8 million XRP. While the market witnessed a few spikes above 15 million XRP, none crossed the 20 million mark. This makes the Feb. 21 movement the first time this month that inflows pushed past 20 million XRP.

XRP Ledger Exchange Inflow Value Bands Binance
XRP Ledger Exchange Inflow Value Bands Binance

Expectedly, large holders played the biggest role in this spike. Specifically, wallets holding 1,000 XRP moved 398,297 XRP to Binance that day. Those with balances between 1,000 and 10,000 XRP transferred 1.131 million XRP. Further, addresses holding between 10,000 and 100,000 XRP sent 4.985 million XRP. 

The biggest contribution came from wallets with 100,000 to 1 million XRP, which transferred 11.935 million XRP. Meanwhile, holders with more than 1 million XRP transferred 11.844 million XRP. Altogether, these groups moved 31.75 million XRP to Binance on Feb. 21.

Upbit Also Records Inflow Spikes

Interestingly, the Feb. 21 inflow spike was not limited to Binance. Upbit, the largest crypto exchange in South Korea, also recorded a sizable inflow on Feb. 21, though it was much smaller than Binance’s figure. Specifically, Upbit saw 14.8 million XRP flow into the platform that day.

While whales contributed the most to Binance’s inflows, on Upbit, mid-sized holders drove most of the action. Notably, wallets holding between 10,000 and 100,000 XRP transferred 8.615 million XRP, which accounted for 58% of the 14.8 million total. 

XRP Ledger Exchange Outflow Value Bands Upbit
XRP Exchange Outflow Value Bands | Upbit

Meanwhile, addresses with 1,000 to 10,000 XRP moved 1.48 million XRP. Whales holding 1 million XRP and above transferred 4.7 million XRP. The mixed signals from two major exchanges have left investors unsure about what might come next.

What This Could Mean for Price

Notably, a one-day exchange inflow of about 31 million XRP holds different indications. Most traders see large whale deposits to exchanges as a sign that some holders plan to sell. If even part of that 31 million XRP hits the market, it could limit any rally or cause short-term dips. 

Since XRP has already been falling for five months and now trades around $1.39, extra selling pressure could keep the price stuck in its current range instead of starting a recovery.

Meanwhile, not every exchange deposit leads to selling. Whales sometimes move funds to exchanges to place buy orders. If strong buy walls show up after the transfer, the inflow could point to accumulation instead of liquidation. 

There is also the possibility that these tokens moved for trading strategies, derivatives collateral, or arbitrage. In that case, the inflow would not automatically mean net selling. Large transfers sometimes happen near market bottoms, and if the market absorbs the supply while the price stays firm, this could indicate solid demand underneath.

Signals to Watch Next

The next few days could reveal signals that may help determine price direction. Notably, if exchange netflows continue to spike, this could suggest more holders are preparing to sell. On the other hand, if netflows turn negative and withdrawals exceed deposits, this may indicate that investors are accumulating after repositioning. 

Investors should also watch for order book activity. Notably, if large sell walls build within 1% to 3% above the current price and buying interest weakens, sellers could take control. However, if thick buy walls appear near support and spot trading volume rises while XRP holds between $1.35 and $1.40, buyers may prove they can absorb the extra supply. 

Here’s What Technical Indicators Say About Shiba Inu Price

Elendu Benedict
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Here’s What Technical Indicators Say About Shiba Inu Price

Amid persisting price weakness, technical indicators have analyzed price momentum and suggested what could follow for Shiba Inu.

This technical analysis includes key data from price momentum indicators, such as oscillators and moving averages. They provide insight into the real state of things on different time frames, highlighting whether it is the best time to buy or sell.

Key Points

  • Technical indicators, including momentum oscillators and moving averages, have analyzed Shiba Inu price action and determined what could follow.
  • Of 15 moving averages analyzed, 13 are flashing strong sell signals, one is neutral, and one suggests buying SHIB.
  • Technical oscillators produce a softer signal, with 8 neutral, 2 buy, and 1 sell signals.
  • In summary, the verdict is a sell signal. With 14 sell, 9 neutral, and 3 buy signals, the majority is skewed towards further price capitulation.
  • Adding to the bearish context is the rise in selling pressure on exchanges over the past 24 hours.

Shiba Inu Price Struggles

While volatility appeared to be cooling and the crypto market was stabilizing, macro uncertainties stemming from Donald Trump’s new tariff policy kicked in again, sparking a sharp decline. 

With Bitcoin briefly falling below $63,000, Shiba Inu followed suit. The prominent meme coin fell 2.75% on Monday and is already down 1.66% in the early hours of today. The move has seen it continue to cut back on an earlier recovery push to $0.00000725 on February 14. At the current market price of $0.00000593, SHIB has dropped 18% from the high.

Shiba Inu Price
Shiba Inu Price

If things remain as they are now, Shiba Inu would be posting its seventh consecutive monthly red candlestick. This reinforces the bears’ total domination since August 2025, who have now dragged the asset down 58% from the high of $0.00001419 that month.

Shiba Inu Technical Indicators

Weekly technical indicator data from TradingView reflects this bearish state, but more critical is their outlook on the Shiba Inu price. 

For context, of 15 moving averages analyzed, 13 are flashing strong sell signals, with one neutral and one suggesting buying SHIB. Notably, this is a very convincing bearish stance, suggesting the market is not ready for any upside move at the moment. Recall that the token is trending below all major exponential and simple moving averages, a clear sign of a lack of upside momentum.

However, technical oscillators have a softer signal. These indicators are neutral, as most individual oscillators are signaling uncertainty over the next price action for SHIB. The momentum (10) and Stochastic RSI fast oscillators are flashing buy signals, and the MACD says buy, while 8 others remain neutral.

In summary, the verdict is a sell signal. With 14 sell, 9 neutral, and 3 buy signals, the majority is skewed towards further price capitulation.

Shiba Inu Technical Indicators/TradingView
Shiba Inu Technical Indicators/TradingView

Exchange Data Shows More Selling Pressure

Adding to the bearish context is the rise in selling pressure on exchanges over the past 24 hours. During this timeframe, the SHIB exchange reserve rose from 81.397 trillion to 81.418 trillion, as holders appear to be increasingly moving their stash to trading platforms.

Shiba Inu Exchange Reserve/CryptoQuant
Shiba Inu Exchange Reserve/CryptoQuant

Notably, such a move suggests a distribution over accumulation disposition, bringing extended selling pressure on the meme coin. While it does not automatically signal a sell, it makes it easy for holders to immediately dump their tokens at any uncomfortable market move.

Despite these, Shiba Inu sits around a crucial support level of around $0.0000050, and analysts suggest that as long as it holds, there is still hope of a price recovery.

Cardano Allocation in Grayscale Smart Contract Fund Soars to 20.2%

Lele Jima
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0
Cardano Allocation in Grayscale Smart Contract Fund Soars to 20.2%

Crypto asset manager Grayscale continues to strengthen Cardano position within its Smart Contract Fund, steadily increasing ADA’s weighting over recent months. 

This consistent rise highlights institutional confidence in Cardano’s long-term potential as both a smart contract platform and a foundational blockchain infrastructure. 

Moreover, the strategic shift aligns with a broader industry trend in which institutional investors are actively reassessing portfolio exposure across top funds. 

Key Points 

  • Grayscale continues to increase Cardano’s weighting in its Smart Contract Fund, signaling stronger institutional confidence in ADA. 
  • ADA’s allocation has increased from 18.55% to 20.20% since this year. 
  • It currently ranks third among components, surpassing Hedera, Avalanche, and Sui. 
  • The fund currently has AUM of $1.8 million and a net asset value of $5.81. 

Grayscale Steadily Increases ADA’s Allocation in SCPXC

Grayscale’s latest portfolio adjustment in its Smart Contract Fund, now rebranded as The CoinDesk Smart Contract Platform Select Capped Index (SCPXC), marks another important milestone for Cardano. 

In early January, Grayscale completed its quarterly rebalancing across several funds and revealed updated component weightings. At that time, the firm assigned an 18.55% allocation to ADA within SCPXC.

Subsequently, Grayscale increased ADA’s share from 19.50% to 19.55% in mid-February. Shortly afterward, the firm raised the weighting again to 20.07%. On February 20, ADA’s allocation climbed further to 20.34%, before slightly retracing to 20.20% at press time. 

ADA Remains Third Largest Component 

Despite this minor pullback, ADA remains the third-largest holding in the portfolio, ranking only behind Solana (SOL) and Ethereum (ETH), commanding dominant weightings of 28.53% and 28.39%, respectively. 

Meanwhile, Grayscale distributes the remaining exposure across Hedera (HBAR) at 8.51%, Avalanche (AVAX) at 7.52%, and Sui (SUI) at 6.85%, maintaining a diversified allocation across leading smart contract platforms. 

ADA Allocation in Grayscale Smart Contract Fund
ADA Allocation in Grayscale Smart Contract Fund

Fund Valuation 

Furthermore, as of February 3, the SCPXC fund had $1.8 million in assets under management (AUM), a net asset value (NAV) per share of $5.81, and 310,500 outstanding shares. 

SCPXC Perfromance
SCPXC Performance

ADA’s growing weighting in SCPXC highlights Cardano’s strong position in the smart contract sector. The network introduced smart contract functionality in 2021 through the Alonzo hard fork and has since enhanced the feature with upgrades such as Vasil.

Earlier this month, Grayscale removed ADA from its CoinDesk Crypto 5 ETF after the asset failed to meet inclusion criteria. Meanwhile, the asset manager is currently pursuing a standalone spot ETF for the token, pending SEC approval.

Top XRP Bull Says No Chart Justifies $10,000 or $1,000 XRP Price

Abdulkarim Abdulwahab
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0
Top XRP Bull Says No Chart Justifies $10,000 or $1,000 XRP Price

A prominent XRP commentator is pushing back against extreme five-figure price predictions, arguing that the current market structure does not support such ambitious targets.

In a recent post, XRP influencer Crypto Bull stated that no chart currently justifies a $1,000 or $10,000 price for XRP. However, he added that a move toward $28 and even $70 “is visible on the charts.”

His remarks come as XRP trades around $1.40, consolidating after recent volatility.

Key Points

  • Crypto Bull says no chart supports $1,000 or $10,000 XRP, but $28–$70 is visible on long-term charts.
  • XRP trades around $1.40, consolidating after volatility, with double-digit gains achievable next push.
  • $10,000 XRP would imply a $600T market cap, far beyond today’s global markets.
  • Analysts urge realistic milestones: reclaim $3, reach $5, surpass $10 before aiming for extreme targets.

Are XRP $28 and $70 Within Technical Reach?

According to Crypto Bull, price levels between $28 and $70 are technically achievable based on long-term chart formations. When asked for a specific timeline, the analyst said XRP could target $27 in the next market push.

At $28, XRP’s market capitalization would climb to approximately $1.7 trillion. A rally to $70 would push it further to $4.27 trillion, placing it among the largest global financial assets. While still aggressive, these figures are far lower than the often-circulated $1,000 or $10,000 projections.

The distinction highlights a divide within the XRP community. Some rely on technical analysis, while others argue for structural, adoption-driven exponential revaluation.

Ongoing Debate Over $10,000 XRP

The $10,000 narrative has resurfaced several times over the past year. Earlier, Jake Claver of Digital Ascension Group argued that XRP is “programmed” to reach $10,000, citing network efficiency at higher price points. He claimed that higher token prices allow institutions to move larger sums with fewer tokens, theoretically increasing utility.

However, critics have consistently pointed to the implied market capitalization. At $10,000 per coin, XRP’s valuation would exceed $600 trillion—far beyond the size of today’s global crypto market.

Former Australian stock market CEO Alex Caraco has previously warned that such projections risk misleading newer investors. He stressed that markets move in stages and require measurable adoption milestones before reaching extreme valuations.

Community Calls for Realism

Crypto Bull’s comments echo the sentiment of many XRP supporters who are urging more realistic discussions. Yet optimism remains high, especially with XRP’s potential in cross-border payments and institutional adoption.

Notably, XRP has grown quickly in past bullish cycles, but the price is still below previous highs. In other words, the coin must first reclaim the $3 mark, reach $5, and surpass $10 before higher levels become realistic. Analysts suggest focusing on achievable milestones rather than $1,000+ targets.

XRP Now Averaging 2.5M Daily Successful Payments, up from 1.5M Last Quarter

Mark Brennan
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XRP Now Averaging 2.5M Daily Successful Payments, up from 1.5M Last Quarter

The XRP Ledger has now begun averaging 2.5 million daily successful payments, representing a marked uptick from the previous 1.5 million figure last quarter.

XRP’s price action has been unfavorable to the average investor since the fourth quarter of 2025. After opening October 2025 at $2.84, XRP has since collapsed to the current price of $1.39, representing a 51% decline since Q4 2025.

However, data shows that while XRP has performed woefully in price action amid a broader market downturn, on-chain activity has picked up. Specifically, daily successful payments on the XRP Ledger stood at 1.5 million in Q4 2025, but have now increased to around 2.5 million this quarter.

Key Points

  • While the XRP price has struggled over the past five months, down 51% since October 2025, on-chain activity has picked up since then.
  • According to data, daily successful payments on the XRP Ledger averaged 1.5 million in the fourth quarter of 2025.
  • Right now, in Q1 2026, these successful payments have approached an average of 2.5 million daily, recently crossing 2.5 million. 
  • In the current quarter, successful payments recently soared to a 15-month peak of 2.7 million earlier this month.
  • Daily deposits into automated market makers (AMM) also recently spiked to an all-time high of above 11,123, confirming that the increased activity transcends payments.

XRPL Seeing Increased Activity Despite Price Struggles

Notably, the XRP price has entered a steep downturn amid a broader market pullback that has pushed Bitcoin (BTC), the crypto firstborn, to lows below $65,000. At the current price of $1.39, XRP has dropped nearly 24% year-to-date, down more than 61% from its all-time high of $3.6, attained in July 2025.

Amid the decline, XRP has witnessed a fourth consecutive losing month for the first time since 2019, and is on track to record a fifth straight monthly loss for the first time in nine years. Interestingly, on-chain activity has only spiked since the start of this year despite the persistent downward pressure on prices.

Daily Successful Payments Hit 2.5M

According to on-chain data provided by XRPScan, daily successful payments on the XRP Ledger have averaged 2.5 million since the first quarter of this year began. Notably, daily successful payments soared to a 15-month peak of 2.727 million on Feb. 5, coinciding with a 19% decline in price that day. The last time the XRPL recorded a higher figure was in December 2024.

Meanwhile, in January 2026, daily successful payments ranged from 1.7 million to 2.1 million. However, as February emerged, these successful payments saw a marked uptick again, eventually ranging from 1.8 million to 2.6 million, with an average of 2.5 million. Notably, over the past four days, successful payments have come in at 1.8 million, 2.2 million, 2.57 million, and 2.56 million.

XRP Ledger Successful Payments
XRP Ledger Successful Payments

For context, these payments had a daily average of 1.5 million as of Q4 2025, when the ongoing price downturn picked up momentum, with a range of 1.2 million to 1.8 million. As the XRPL sees continuous upgrades and growing adoption, daily successful payments have only increased this year.

AMM Deposits Hit All-Time High

Besides successful payments, deposits into automated market makers (AMM) have also exemplified the XRPL’s growing adoption. Specifically, on Feb. 23, deposits into AMM pools surged to a high of 11,123, marking a new all-time high. Before now, the daily peak stood at 4,951 on Oct. 11, 2024.

XRP AMM Deposits XRPScan
XRP AMM Deposits | XRPScan

Meanwhile, total AMM pools have continued to grow, reaching a new all-time high of 26,878 at press time. This represents an increase of 2,428 pools this year so far, with Q1 more than a month away from ending. Throughout Q4 2025, the XRPL only saw 1,885 additional pools.

XRP AMM Pools XRPScan
XRP AMM Pools | XRPScan

Grok Reveals XRP Current Position in the Market Cycle

Lele Jima
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Grok Reveals XRP Current Position in the Market Cycle

xAI’s Grok has assessed XRP’s position within the Psychology of a Market Cycle framework, suggesting the token is currently in the early recovery phase.

Following XRP’s recent drop below $1.20, many investors have been questioning its long-term prospects. Although the token has rebounded to around $1.40, skepticism persists, with some expecting the recovery to wane. 

However, Grok indicates that XRP has likely completed its extended bearish cycle and is now progressing toward the market’s euphoric phase. 

Key Points 

  • xAI’s Grok analysis positions XRP in the early recovery stage of the Psychology of a Market Cycle. 
  • The AI model identifies XRP as currently in the Disbelief phase, where skepticism persists despite an improving price structure.
  • As momentum strengthens, the analysis suggests XRP could advance through Optimism, Belief, Thrill, and ultimately Euphoria. 
  • Historical trends show that Euphoria often precedes sharp reversals, underscoring the importance of disciplined risk management. 

XRP Now Disbelief Phase 

Grok shared this assessment after XRP advocate Diana asked it to determine the token’s current stage in the market psychology model. According to the AI, XRP has moved beyond the “Hope” phase—when investors anticipate a rally—and entered the “Disbelief” phase.

This stage is characterized by widespread skepticism, even as price structure strengthens. After falling below $1.20 earlier this month, XRP has stabilized near $1.40, and several analysts now project a potential rebound. 

Historically, the Disbelief phase offers one of the most attractive risk-reward setups, as negative sentiment persists while strategic investors quietly accumulate. Notably, reports indicate that traders withdrew 200 million XRP from Binance within 10 days, signaling ongoing accumulation.  

XRP Entering Early Recovery

As momentum builds during Disbelief, the market typically progresses into Optimism, Belief, Thrill, and eventually Euphoria—stages often associated with rapid price growth.

During Optimism, skeptics begin to acknowledge that the rally may be sustainable. As the cycle moves into Belief, investors increase exposure and prioritize acquiring more XRP. 

The market then enters the Thrill phase, when existing holders actively promote the token and attract new participants, driving stronger buying pressure and higher prices. This momentum eventually leads to euphoria. 

Grok’s assessment suggests that XRP may be in the early stages of a new bullish cycle, indicating significant upside potential if broader market conditions remain favorable. 

ImageCaution at the Peak 

While the outlook is encouraging, the chart shows that at Euphoria, excessive confidence dominates. The market then typically reverses into Complacency, followed by Anxiety, Denial, and Panic, as investors rush to exit positions to avoid losses. This underscores the importance of cautious, strategic participation even during strong rallies.

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