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XRP or Solana: Who Would Get More Inflows if ETFs Listed Together? Bitwise CIO and Bloomberg Analyst Reveal

Sam Wisdom Raphael
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XRP or Solana: Who Would Get More Inflows if ETFs Listed Together? Bitwise CIO and Bloomberg Analyst Reveal

Bloomberg ETF analyst James Seyffart and the Bitwise CIO Matt Hougan have projected which could get more flows of XRP and Solana ETFs launched on the same day.

They discussed this in a recent interview hosted by Kyle Chasse. Specifically, Chasse shared how his views on XRP changed after moving back to the U.S. three months ago. He noticed that people who are just starting to explore crypto, or those who don’t understand it much at all, seem especially drawn to XRP. 

If XRP and Solana ETFs Launch Together, Which Will Get More Flows?

Chasse also shared stories from New York, where he casually asked business owners if they held crypto. Many mentioned Dogecoin, Shiba Inu, and XRP; essentially, tokens with strong name recognition among everyday users. 

He stressed that while XRP tends to divide opinions, Solana generally gets broader support, except from Ethereum maximalists. Based on this, Chasse asked both Hougan and Seyffart to share their thoughts on which ETFs may get more flows if Solana and XRP ETFs launched together.

Bloomberg Analyst Responds

In response, Seyffart compared how previous ETF products tied to these tokens performed. He noted that Solana launched several futures-based and leveraged ETF products before XRP did. 

However, when XRP-based versions finally came to market, they pulled in more assets and trading volume. Seyffart clarified that spot ETFs typically attract stronger interest from investors. Citing this, he suggested XRP could get more flows initially, but Solana may catch up and overtake it over time.

He credited XRP’s momentum to its widespread appeal on social media and among retail users. “Anyone I know who doesn’t really know this space at all, like couldn’t tell you how a blockchain works, they like XRP,” he said. 

Further, Seyffart explained that platforms like TikTok and Reddit often push XRP and Ripple to the front of crypto conversations. Notably, this kind of visibility gives XRP an edge when it comes to building a strong following. 

However, he noted that institutions lean more toward Solana and Ethereum. While he admitted that some serious firms also do look into Ripple and XRP, Seyffart said that professionals with more research capacity tend to show more interest in Solana.

Bitwise CIO Agrees

Hougan agreed with that take. He said XRP’s community would likely show up in full force at launch and help the ETF get off to a fast start. “There is an army of people who are really passionate about XRP, and I think it would do exceptionally well out of the gate,” he explained. 

Hougan said that broad market approval doesn’t matter much on day one of a fund’s launch. Instead, passion drives initial flows. “It doesn’t matter that 90% of people hate it. What matters is 10% of people love it. That’s what drives the flows on those initial days.”

Nonetheless, Hougan argued that Solana might take the lead over time, depending on the market’s mood. If Solana enters a strong bullish phase at launch, its ETF could attract more inflows. But in a neutral scenario, Hougan expects XRP to dominate the early weeks or months.

How Does Bloomberg Calculate Its ETF Approval Odds?

Meanwhile, in another segment, Chasse asked about the approval odds that analysts like Seyffart and Eric Balchunas assign to different ETF applications. Right now, both XRP and Solana have a 95% chance of getting approved, the highest rating Bloomberg Intelligence has given to any crypto ETF in the pipeline.

Responding, Seyffart explained that he and Balchunas don’t use strict formulas to arrive at these numbers. Instead, they debate the factors, draw on experience, and settle on odds they both consider reasonable. 

“This is very much a qualitative and subjective analysis of odds,” he said. “There’s not a lot of quantitative analysis that’s going into, like, what are the odds this thing is going to get into an ETF in 2025.”

He listed several factors they consider when making those calls. One of the most important is whether the asset has a regulated futures market under the CFTC. This was the case with Bitcoin and Ethereum, and Seyffart said the SEC had little choice but to approve spot ETFs after allowing futures-based ones. 

Notably, XRP already has futures trading, which boosts its chances. For other tokens, like SUI, Seyffart noted that he had doubts due to issues like concentrated ownership and smaller market caps.

He also expects the SEC to create general rules for which assets can be listed in spot ETFs. Issuers like Bitwise will likely negotiate with regulators to help shape those standards over the coming months. While final approval might stretch into 2026, Seyffart believes most of the major filings already meet the expected criteria.

Hold Some XRP and Trade on XRPL as Life-Changing Opportunities Available for Pennies: Top Trader

Abdulkarim Abdulwahab
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Hold Some XRP and Trade on XRPL as Life-Changing Opportunities Available for Pennies: Top Trader

Renowned trader D.I.Y. Investing says the XRP Ledger is on the brink of a major breakthrough, urging traders to get involved early while prices remain low.

In a tweet, he emphasized the urgency for traders to load up on XRP in their wallets and begin trading altcoins on the XRPL as soon as possible. He stressed that the network is on the verge of a significant breakthrough.

According to the trader, there are life-changing opportunities still trading at “pennies on the dollar” on the XRPL. Consequently, he warned traders not to overlook the potential of this ecosystem.

XRP Ledger: Home to the Next Altcoin Boom?

The XRP Ledger is a decentralized, open-source blockchain known for its fast settlement times, low fees, and built-in DEX functionality. Although it has existed since 2012, its altcoin ecosystem is only now attracting growing attention due to the recent introduction of additional features.

A few months ago, Ripple CTO David Schwartz voiced support for the rising meme coin trend on the XRPL after accepting a gift of 15 DROP tokens from the team behind the DROP meme coin. Sharing his wallet address, Schwartz said he “likes this trend,” signaling a positive stance toward community-driven tokens.

The trend gained momentum following the launch of Memepad on Magnetic X DEX, a platform enabling users to create and launch meme tokens. According to The Crypto Basic, over 70 new meme coins emerged shortly after the debut.

Now, D.I.Y. Investing’s remarks suggest that the next wave of gains may not come from mainstream chains but from underexplored ecosystems like XRPL, where valuations are still modest and trading activity is just beginning to heat up.

What Will the Next Boom Look Like?

The XRP coin leads the XRPL ecosystem with a market cap of over $182 billion. At press time, XRP is trading at a seven-day decline of 11.3%, priced at $3.08.

According to D.I.Y. Investing, most market participants have no idea how massive the incoming XRP breakout could be. He suggested that the recent 70% surge in XRP might pale in comparison to what’s coming next, calling this the moment long-term holders have been waiting for.

In particular, he is forecasting prices as high as $30, a massive increase of 874%. For context, this would push XRP’s market cap from $180 billion to over $1.177 trillion.

Other XRPL Tokens

Another leading token in the XRPL ecosystem is Sologenic (SOLO), which ranks just below XRP with $177 million cap. It is currently trading at $0.444, a 12% discount from last week’s price. 

Despite the dip, SOLO retains an impressive 30-day gain of 80%, highlighting its strong performance during the recent global crypto bull run.

Other XRPL ecosystem tokens trading at significant discounts from their weekly highs include Phoenix (PHNIX), PONGO, XRPayNet, and Lucretius (LUC). These tokens have market caps ranging from $237,000 to $33 million.

NBA Legend Scottie Pippen XRP Price Prediction Sparks Discussion

Mark Brennan
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NBA Legend Scottie Pippen XRP Price Prediction Sparks Discussion

NBA Hall of Famer Scottie Pippen has gone viral with a bold new poll, asking crypto enthusiasts whether XRP will reach $10 by 2026. 

Pippen’s XRP Price Prediction Sparks Discussion

His post on X, shared with his 728,000 followers, features ultra-bullish predictions for several top cryptocurrencies. 

Notably, the six-time NBA championship winner with the Chicago Bulls has again stepped into the crypto spotlight with a series of 2026 forecasts. Among them is a prediction that XRP could climb to $10.

The prediction was posted as part of a poll, allowing users to vote on which outcome they believe is most likely. Pippen’s tweet includes forecasts for Bitcoin hitting $233,000, Ethereum (ETH) reaching $10,000, and Solana (SOL) surging to $1,000.

Within the comment section, many users, including one Travis Turnbull, voiced support for the idea that XRP could hit $10, with others even believing 2026 is too far to reach the price target.

Notably, XRP’s future remains closely tied to broader market development. While recent developments have shown progress, the $10 target remains a significant jump from XRP’s current trading price. As of this press time, XRP trades at $3.12, a 1.4% decline in the past day, reducing its monthly gain to 42%. 

Can XRP Reach $10 in 2026?

Notably, many prominent analysts have shared their bold predictions on XRP’s future. One NFT project founder suggested that XRP could hit $10 by next year, provided Bitcoin’s rally pushes toward the $250,000 mark. 

Similarly, Bitcoin analyst Dennis Liu has updated his previous XRP forecast from $4–$5 to $10, pointing to a growing wave of bullish momentum building around the asset.

Another bold prediction also came from Aaron Arnold, host of Altcoin Daily. He shared a bullish yet “realistic” $11 price target for XRP by 2025. 

From the XRP’s current price, $11 would mark a 260% surge, pushing its market cap past $650 billion. This would place XRP among the top five global assets, ahead of giants like Mastercard and Tencent.

Broader Predictions

Meanwhile, Pippen’s predictions don’t stop at XRP. The former NBA star also posed the possibility of Bitcoin reaching $233,000 and Ethereum hitting $10,000 by 2026. 

Also, Pippen’s post went beyond price speculation. He included predictions involving UBER drivers talking about crypto project Game5ball, Tesla’s Optimus robot delivering food at EV diners, a 2026 alien invasion, and even the return of late rapper 2Pac.

The tweet reflects Pippen’s lighthearted engagement with the crypto community. Notably, he has previously claimed to have met Bitcoin’s creator, Satoshi Nakamoto, in a dream and is widely recognized for supporting Bitcoin and other top digital assets.

Citi Forecasts Bitcoin to Reach $199K by Year-End

Abdulkarim Abdulwahab
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Citi Forecasts Bitcoin to Reach $199K by Year-End

Wall Street financial giant Citi has updated its Bitcoin price forecasts, presenting bear, base, and bull case scenarios for 2025.

Specifically, the bank’s base case projects Bitcoin price hitting $135,000 in 2025, with its bullish scenario envisioning a rise to $199,000. Meanwhile, a bearish outlook places it at $64,000 in the event of weaker macroeconomic conditions.

ETF Flows Take Center Stage in Bitcoin Uptrend

Notably, Citi highlights the growing influence of spot exchange-traded funds (ETFs) on Bitcoin’s price. The bank estimates that ETF demand now accounts for over 40% of recent BTC price variation.

Since their launch, U.S. Bitcoin ETFs have purchased over $54.66 billion worth of Bitcoin. Leading the charge have been BlackRock and Fidelity.

The impact of this capital is evident in the fact that BTC traded around $45,000 during the launch month but has since nearly tripled, reaching $123,000 earlier this month.

Citi analysts model an additional $15 billion in ETF inflows this year, which could add approximately $63,000 to BTC’s valuation.

Globally, ETFs now hold over 1.48 million BTC tokens, worth more than $170 billion. This represents around 7% of Bitcoin’s total supply.

User Adoption and Network Effects Remain Key Drivers

Beyond institutional demand, Citi’s forecast incorporates a model based on user adoption and network effects. The analysts expect a 20% growth in Bitcoin users, which alone supports a price near $75,000.

While adoption remains the foundation of the pricing model, Citi notes that the combination of institutional flows and user activity is creating a more resilient network effect than previously anticipated.

Macroeconomic Factors Weigh Slightly on Outlook

The bank’s model also considers macroeconomic conditions, which reduce the price forecast by approximately $3,200. This adjustment reflects weaker performance in equities and gold markets.

At the same time, Citi emphasizes that increasing regulatory acceptance and the integration of crypto into traditional finance continue to strengthen the overall outlook.

Bitcoin Year-End Price Projection

Considering the $63,000 value added by ETF demand, $75,000 from user growth, and a $3,200 reduction due to macroeconomic headwinds, Citi arrives at a base-case price of approximately $135,000 for Bitcoin by year-end.

Notably, this represents only a $12,000 increase from Bitcoin’s recent peak of $123,000. Other market analysts have more optimistic targets, with some predicting prices between $250,000 and $500,000 by year-end.

Ultimately, Citi believes Bitcoin could exceed expectations. It noted that ETF demand is growing rapidly and users are remaining active for longer periods. As a result, Bitcoin’s price now relies more heavily on institutional investment than on technology or retail adoption alone.

Bitwise CIO Declares Crypto Four‑Year Cycle Dead, Predicts Steady and Sustained Boom from 2026

Lele Jima
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Bitwise CIO Declares Crypto Four‑Year Cycle Dead, Predicts Steady and Sustained Boom from 2026

Matt Hougan, the CIO of asset management firm Bitwise, claims that the traditional four-year crypto cycle trend is dead, forecasting a sustained boom next year. 

The Bitwise CIO first made the bold assertion during a discussion with veteran Bitcoin enthusiast Kyle Chassé and Bloomberg ETF analyst James Seyffart. 

He reiterated this point in a follow-up X post, indicating that the drivers of the four-year crypto cycle trend are now weaker. According to him, the legacy drivers of the traditional four-year cycle are Bitcoin halving, interest rate cycles, and blow-up risk. 

Drivers of Classic 4-Year Crypto Cycle Now Weaker 

The Bitwise CIO stated that the impact of the halving event, which usually occurs every four years, is no longer significant. Previously, the prices of Bitcoin and other crypto assets have typically skyrocketed several months after the four-year halving event, leading to a full-scale bull run. 

However, in recent times, the impact of the Bitcoin halving has become less significant compared to previous events, according to Hougan. 

Similarly, he indicated that the interest rate cycle, which has previously been negative for crypto, as observed in 2018 and 2022, now serves as a tailwind for the asset class. According to Hougan, the last major driver of the traditional four-year cycle — the blow-up risk — is no longer effective due to improved regulation. 

Bigger Forces Overshadow Previous 4-Year Cycle Drivers 

Hougan said bigger forces now overshadow the previous drivers of the traditional four-year cycle. According to him, these forces do not align with the timelines of the past drivers of the four-year cycle. 

Topping the list of these “bigger forces” is the flow of assets into crypto-related ETFs. The Bitwise CIO suggested that the wave, which began in 2024, is a five to ten-year trend that will transform how capital flows into the market. 

Second, he highlighted increased institutional crypto adoption as another factor overshadowing the previous drivers of the four-year cycle. Hougan claimed that institutional adoption is still in its initial stages, with more crypto-related ETFs being approved as well as endowments and pensions now considering the nascent asset class. 

The third new driver trumping those of the previous four-year cycle is the industry’s regulatory progress. Hougan noted that meaningful rule-making, which commenced in January 2025, would linger for multiple years. 

Additionally, he stated that following the passage of the GENIUS Act earlier this month, Wall Street is now committed to developing crypto products. He stated that these big banks would invest billions of dollars in the market over the next few years. 

Moreover, Hougan highlighted the rise of crypto treasury companies, which are buying and holding BTC on their balance sheets, as a new cyclical threat that demands close attention. 

2026 Will be Good for Crypto 

Interestingly, he expects these long-term, bigger pro-crypto initiatives to override the forces behind the traditional four-year cycle. 

According to Hougan, this new trend could pave the way for a sustained and steady boom beginning next year, rather than a one-off super cycle that occurs only once every four years. 

Notably, other industry leaders, such as CryptoQuant CEO Ki Young Ju and Michael Saylor of MicroStrategy, also share Hougan’s perspective.

While Hougan expects 2026 to be a good year for crypto, he still projects that the market will experience significant volatility along the way. 

Strategy Upsizes New STRC Bitcoin Product Offering from $500M to $2.52B

Elendu Benedict
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Strategy Upsizes New STRC Bitcoin Product Offering from $500M to $2.52B

Strategy, formerly MicroStrategy, has announced an upsized offering of its new Bitcoin stock product, signalling growing demand.

Strategy announced on Friday that the pricing of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) now stands at $90 per share. The firm will now be offering 28 million shares of STRC stock, a considerable upscale from the amount initially intended.

Recall that Strategy declared its intention to conduct an initial public offering of the new STRC stock on July 21, planning to offer 5 million shares of the stock. However, it upsized it today, potentially due to massive demand for the product.

Michael Saylor’s Strategy would now issue the STRC stock on July 29, 2025, subject to the fulfillment of the necessary legal and financial conditions.

Proceeds for Bitcoin Purchase

Interestingly, the upsized share offering in the planned IPO increased the proceeds from $500 million to a staggering $2.52 billion. Notably, Strategy would realize net proceeds of $2.47 billion after deductions and commissions.

As expected, Strategy would use the funds realized to purchase Bitcoin and cover other operational costs. This adds to the business intelligence company’s many approaches to raise capital for its insatiable Bitcoin thirst.

Meanwhile, the announcement also comes a few weeks after Strategy announced a $4.2 billion ATM offering to select investors. Notably, the at-the-market offering is an equity-raising mechanism that enables firms to sell newly issued shares to raise capital for the acquisition of Bitcoin.

Strategy bought 6,220 BTC ($740 million) on Monday at an average price of $118,940, extending its lead over other Bitcoin-buying public firms. It now holds 607,770 BTC valued at $70.2 billion at the current market price.

The STRC Stock: A New Capital-Generating Mechanism

Strategy announced the new perpetual preferred offering “Stretch” (STRC) on Monday. The security would join other products, such as STRD, STRK, and STRF, all of which aim to offer investors indirect exposure to Bitcoin.

However, the STRC stock brings a new dynamic. Specifically, Strategy will adjust the dividend rate per annum periodically to ensure that it maintains a price close to $100. This has similarities to stablecoins, but with a yield-bearing mechanism.

Initially, Strategy would pay the cumulative dividends to holders at an initial rate of 9% per annum on the 15th of every month. Nonetheless, Strategy reserves the right to adjust the rate as it deems fit.

MSTR Down 2% Following Announcement

Meanwhile, Strategy’s MSTR stock corrected 2% today following the announcement. At the time of writing, it has lost $8.72 from its value yesterday, trading at $406.21.

The downtrend adds to the stock’s recent sideways trend. MSTR is down 5.58% in the past five days, mirroring Bitcoin’s price underperformance. Nonetheless, it is still up 4.46% in the past month and 35.34% since the start of the year.

Vietnam Launches NDAChain, Its New National Blockchain

Sam Wisdom Raphael
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Vietnam Launches NDAChain, Its New National Blockchain

Vietnam has launched its national blockchain platform, NDAChain, as multiple nation states continue to warm up to crypto and blockchain innovation. 

SGGP, a state-run newspaper affiliated with the Vietnamese Communist Party, announced the development in a recent report. Notably, the National Data Association (NDA) built the blockchain, with management handled by the Innovation & Data Exploitation Center under the National Data Center.

Vietnam Launches National Blockchain

According to the report, NDAChain was built to provide a secure, high-performance infrastructure for sectors like e-government, healthcare, finance, logistics, and education.

The chain introduces a hybrid architecture that combines centralized control with decentralized verification. Essentially, it acts as a security layer that authenticates civil and economic data before this information reaches Vietnam’s National Data Center. 

NDA claims that NDAChain can process between 1,200 and 3,600 transactions per second while maintaining strict security standards through Zero-Knowledge Proofs (ZKP) and encryption. The system aligns with W3C Decentralized Identifiers (DID) and adheres to GDPR compliance.

NDA Trace

Meanwhile, as part of the national rollout, NDA has launched NDA Trace, a homegrown product traceability platform integrated with NDAChain and NDA DID. NDA Trace assigns unique identification codes to products. This enables transparent tracking from production to the consumer. 

Importantly, this system captures every supply chain activity as verifiable credentials and embeds them into packaging via QR codes or RFID chips. The identifiers follow GS1 global standards and are compatible with EBSI Trace 4EU.

In addition, citizens also now have access to NDAKey, a digital identity verification tool that allows individuals to confirm counterpart identities during key online transactions. Notably, this effort would bolster protection against identity theft and fraud. 

According to Nguyen Huy, head of technology at NDA, development on NDAChain continues, and the agency has called for collaboration from government agencies, businesses, and the public to support pilot projects and expand adoption.

Vietnam’s Stance on Crypto and Blockchain

Vietnam’s push into blockchain aligns with its growing regulatory stance on digital assets. Before 2023, crypto trading and ownership existed in a legal gray zone. The government had banned crypto payments but did not regulate trading or holding of digital assets. This changed in March 2023, when anti-money laundering laws came into effect, extending oversight to crypto activities.

By October 2024, the government launched its National Strategy for Blockchain, presenting a long-term plan for integration across critical sectors by 2030. In February 2024, the government tasked the Ministry of Finance with drafting a legal framework for crypto by mid-2025. 

This effort culminated in March 2025 with a directive from the Prime Minister mandating a comprehensive legal structure for managing digital assets. The National Assembly passed the Law on Digital Technology Industry (DTI Law) in June 2025, which formally recognizes digital assets and crypto, and is scheduled to take effect on January 1, 2026.

A Growing National Trend?

Vietnam’s efforts to embrace blockchain innovation align with international trends. Other countries have also begun exploring national blockchain platforms. 

For instance, China has invested heavily in a nationwide blockchain infrastructure, targeting rollout completion by 2025. Nigeria has also revealed plans to develop its own platform called Nigerium.

Meanwhile, countries like Estonia and the UAE have already integrated blockchain systems into government processes. Estonia has used blockchain in its registries since 2012, while Dubai seeks to fully transition government workflows to blockchain by the end of 2025.

Here’s How High XRP Can Go, According to Fibonacci Price Targets

Abdulkarim Abdulwahab
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Here’s How High XRP Can Go, According to Fibonacci Price Targets

XRP community commentator Tony Edward of the Thinking Crypto Podcast recently shared a chart highlighting Fibonacci extension levels as potential upside targets for the coin.

The projection comes amid growing technical strength and renewed investor optimism in XRP following recent price action.

Specifically, Edward’s chart confirms that XRP has officially broken out of a multi-month consolidation pattern. According to the latest Fibonacci analysis, its price could soar to challenge the double-digit territory this season.

XRP Breaks Out of Bullish Pennant

The weekly XRP chart shows a clean breakout from a bullish pennant formation. This pattern had been forming since early 2025, following an initial move into the $3 range, the first time XRP reached that level since 2018.

While XRP dipped below $2 several times, it consistently maintained support in the $2 range. After several weeks of consolidation, bulls have taken control, driving the price above $3.53 this month.

At press time, a cooldown from the recent pump is ongoing. However, analysts believe the next leg could take XRP to new all-time highs.

Fibonacci Targets

Edward’s Fibonacci extension levels indicate potential price points beyond $4. Specifically, the chart shows that the first immediate target for XRP is the 1.618 level at $4.4881.

Should the bulls overcome this level, XRP may target the 2.618 level at $6.2642, followed by the 3.618 level at $8.0403. Meanwhile, the most ambitious projection on the chart is the 4.236 level at $9.1379.

Each of these milestones could act as resistance zones, with prices correcting before resuming their upward movement.

Tony Edward XRP Fibonacci price chart
Tony Edward XRP Fibonacci price chart

XRP Sentiment Shifts as Price Surges

These bullish projections come at a time when market sentiment around XRP is improving. Once heavily criticized, XRP is now gaining renewed traction following the conclusion of Ripple’s legal battle with the SEC, the potential launch of spot XRP ETFs, institutional adoption of XRP treasuries (similar to the MicroStrategy playbook), and ongoing whale accumulation.

These developments have contributed to XRP’s 30-day performance gain of 53%, despite intermittent corrections.

Can XRP Hit $9?

Notably, from the current level of $3.08, reaching the top Fibonacci target of $9 would require approximately a 3x price surge. While price targets are never guaranteed, the widespread optimism suggests that XRP could rally much further, especially if the Bitcoin market remains bullish.

For example, one NFT project founder argued that XRP could reach $10 by next year if Bitcoin’s uptrend continues to $250K. Meanwhile, Altcoin Daily founder Aaron Arnold tweeted $11 as a realistic target for XRP this cycle.

Even Bitcoin analyst Dennis Liu has revised his earlier $4–$5 XRP target to $10, citing increasingly bullish factors surrounding XRP.

Ton Foundation to Build Public Treasury for Toncoin

Zabi
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Ton Foundation to Build Public Treasury for Toncoin

The TON Foundation, in collaboration with Kingsway Capital, is seeking to raise $400 million to launch a publicly traded crypto treasury company focused on Toncoin.

According to Bloomberg, the new company is intended to be publicly listed, with a SPAC (Special Purpose Acquisition Company) route under active consideration. The planned capital raise will be structured as a private investment in public equity (PIPE).

This mechanism enables selected investors to acquire shares at a discounted price ahead of the company’s public debut. This approach has become increasingly popular among crypto ventures. It gives them access to traditional capital markets while bypassing the lengthy IPO process.

Leadership Ties and Strategic Players

Manuel Stotz, who leads Kingsway Capital and also serves as president of the TON Foundation, is believed to be a central figure in the initiative. While neither Stotz nor the involved organizations have publicly confirmed the deal, insiders suggest that Kingsway could be among the early investors in the proposed entity.

Cohen & Co., a financial services firm known for its work in crypto-related mergers, is reportedly advising the formation of the new company. The firm previously provided advisory services to Dynamix in connection with a $1.5 billion Ethereum-focused SPAC transaction. 

Meanwhile, Cantor Fitzgerald is reportedly exploring the creation of other Toncoin-related public entities, reflecting rising institutional appetite for crypto treasuries.

Toncoin Market Reaction and Status

Toncoin, the native token of the Telegram Open Network (TON) blockchain, responded modestly to the news. Its price rose 1.08% to $3.13. However, daily trading volume fell 16.12%, reflecting weakness across the broader crypto market, driven in part by Ethereum pullbacks.

Currently, Toncoin ranks as the 21st-largest cryptocurrency, with a market capitalization approaching $8 billion.

Crypto Treasuries: A Rising Trend

The move by TON and Kingsway taps into a growing trend of institutional crypto adoption through publicly listed treasury firms. Bitcoin remains the flagship asset in this space, with companies like MicroStrategy holding significant reserves.

Other blockchains are also seeing similar interest. Ethereum treasuries have emerged through firms such as SharpLink Gaming and BitMine. Meanwhile, Solana, XRP, and BNB have also gained traction. Just today, Nature’s Miracle announced a new treasury initiative built around XRP holdings.

Ultimately, this latest announcement could signal a reputational reset for the TON Foundation, which recently came under fire for promoting a now-retracted UAE Golden Visa program.

The program promised a 10-year residency to users who staked $100,000 in TON. However, the offer was ultimately scrapped after it was revealed to lack government approval. Meanwhile, the Foundation has remained silent on the matter since.

Here is Projected Earning from $100 Monthly Shiba Inu DCA Over 20 Years if SHIB Reaches $0.001

Lele Jima
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0
Here is Projected Earning from $100 Monthly Shiba Inu DCA Over 20 Years if SHIB Reaches $0.001

Committing $100 monthly into Shiba Inu over the next 20 years could yield substantial returns if SHIB eliminates two zeros from its price and soars to $0.001. 

Recall that Shiba Inu reclaimed $0.000013 on July 10—its first time above that level since June 11. Following the recent price surge, many have been fantasizing about how much they could earn from Shiba Inu if the asset reaches a lofty target of $0.001 in the next few years. 

SHIB to $0.001 Prediction 

Analysts such as Crypto Sheriff and LuckSide Crypto have predicted Shiba Inu’s potential surge to the $0.001 mark. In October 2024, Crypto Sheriff stated that Shiba Inu had broken out of a descending triangle chart pattern–a move he projected would push its price to $0.001. 

LuckSide Crypto, on the other hand, suggested that factors like increased whale activity and minimal upside resistance will propel SHIB to the $0.001 region. Earlier this month, we speculated that SHIB could clinch the $0.001 target by August 2042 if its price increases 30% annually. 

In the meantime, Shiba Inu is trading far from the $0.001 target, as its price currently hovers around $0.0000134. Hitting the $0.001 target would require Shiba Inu to soar 7,362% from its current level. Assuming Shiba Inu maintains a supply of 589 trillion tokens, its market cap will increase to $589 billion. 

Worth of $100 Shiba Inu Monthly Investment Over 20 Years If Price Reaches $0.001

We examined the potential returns of investing $100 per month into Shiba Inu over 20 years if its price ultimately reaches $0.001 sometime in the future. Investing $100 monthly in Shiba Inu for 20 years, or 240 months, will result in a total investment of $24,000. 

Assuming Shiba Inu’s price remains stable around the $0.000013 price level, a monthly investment of $100 (totaling $24,000 over the next 20 years) will fetch 1,846,153,846 (1.84 billion) SHIB tokens. 

If Shiba Inu eventually clinches the $0.001 price target, these 1.84 billion tokens will be worth roughly $1.84 million. It is highly unlikely that SHIB will remain stable around the $0.000013 region in the next 20 years or 240 months. 

There is a likelihood that the price of SHIB will fluctuate heavily over the next 20 years. As a result, each $100 purchase will buy fewer SHIB when the price rises above $0.000013 and more tokens whenever the price falls below that level. However, the rationale behind DCA helps to smooth out volatility over the long run. 

The major question revolves around whether Shiba Inu can eventually hit the $0.001 target in its lifetime. Hitting the $0.001 price target would drive Shiba Inu’s market cap to $589 billion, surpassing the current valuation of Ethereum. 

Meanwhile, some experts believe that Shiba Inu will only soar to lofty targets like $0.001 if it experiences widespread adoption and hefty burns. 

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