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20 01, 2025

BTC price nears $110K after Trump Bitcoin reserve odds spike to 60%

By |2025-01-20T19:06:11+02:00January 20, 2025|Crypto News, News|0 Comments

Bitcoin spiked to new all-time highs on Jan. 20 as analysis warned of a BTC price reversal and the possibility of President-elect Donald Trump “creating a Bitcoin reserve in first 100 days” spiked on Polymarket.

BTC/USD 1-day chart. Source: Cointelegraph/TradingView

Bitcoin traders risk it all at new all-time highs

Data from Cointelegraph Markets Pro and TradingView confirmed a new Bitcoin (BTC $107,396) record high of $109,356 on Bitstamp.

Coming on the back of broad volatility across crypto markets, the return to price discovery took daily gains over 8%.

BTC

Source: Miles Deutscher

The weekly close had seen a dip below the $100,000 mark as a mixture of confusion and suspicious moves accompanied the controversial memecoin associated with Trump.

Trump’s inauguration set the tone for more instability on the day. Pro-crypto policy announcements and new all-time highs had long been anticipated.

For trader Skew, however, the writing was on the wall.

“Price testing supply here,” he wrote in ongoing commentary on X.

Potentially front running tomorrow to create exit liquidity.

Chart

BTC/USDT order book data for Binance. Source: Skew/X

An accompanying chart showed liquidity conditions on major exchange Binance, with Skew implying that late buyers, seeing the new highs, could end up “stuck” at those new peak levels as the market reverses downhill.

Signs of pain were already visible in liquidation data, with crypto longs alone unwinding to the tune of nearly $1 billion in the 24 hours to the time of writing.

BTC price breakout “doesn’t get much cleaner”

Other market participants’ reactions agreed that Bitcoin may be trading on undisclosed information, possibly involving the Trump administration’s vow to create a strategic reserve using both BTC and certain altcoins.

Data from prediction service Polymarket put the odds of this becoming a reality at over 50% on the day.

Chart

Source: Polymarket

“Someone clearly knows something on $btc,” crypto influencer hedgedhog argued, like Skew noting “huge” supply creating a hurdle for bulls at $110,000.

“$110K supply remains with added ask liquidity around $109K,” Skew added in a subsequent update.

Market providing liquidity for higher here, let’s see if this sizeable buyer can crack it.

Chart

BTC/USDT order book data for Binance. Source: Skew/X

A confident IncomeSharks praised the way in which BTC/USD broke out of its consolidation range in place for the past month.

“Doesn’t get much cleaner than that,” the trader told X followers.

Chart

BTC/USD 1-day chart. Source: IncomeSharks/X


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20 01, 2025

Dogecoin Price Prediction: Can Dogecoin Thrive With Elon Musk’s Backing As JetBolt Trends

By |2025-01-20T17:05:06+02:00January 20, 2025|Crypto News, News|0 Comments

Dogecoin (DOGE) continues to capture attention as speculation swirls around Elon Musk’s potential role in a crypto-friendly government under President Trump.

Musk’s hints at integrating Dogecoin into his ventures have reignited discussions on whether Dogecoin can move beyond its meme coin origins.

As Dogecoin navigates the spotlight with Musk’s backing, JetBolt (JBOLT) is trending for surpassing an impressive 280 million tokens sold, solidifying its reputation as an emerging altcoin to watch. With its zero-gas tech and an innovative SocialFi staking model, JetBolt is setting new standards for blockchain accessibility and user engagement.

Will Dogecoin’s association with Musk drive its mainstream adoption? Will JetBolt’s practical innovations carve a unique path in the evolving crypto market? Let’s explore.

Can Dogecoin Thrive with Elon Musk’s Backing?

Elon Musk’s growing influence in government circles and his well-documented affinity for Dogecoin continue to fuel speculation about the meme coin’s potential role in mainstream applications. With Musk set to take on a leadership role within the Department of Government Efficiency (D.O.G.E.), conversations have intensified about Dogecoin’s future relevance.

Although no official plans have been confirmed, the possibility of Dogecoin integration into Musk’s expanding business empire remains a driving force behind its market sentiment. X (formerly Twitter), with its upcoming X Money payment platform, could serve as a natural entry point for DOGE into digital finance.

The X Money payment platform has already secured regulatory approvals across multiple U.S. states, positioning it for wider crypto adoption. If Dogecoin finds a place within X Money’s ecosystem, it could mark a major milestone in its journey from a meme coin to a practical digital asset.

Despite a 9.42% dip in value over the past 24 hours, optimism around Dogecoin remains strong. Analysts believe that Dogecoin’s consolidation between $0.30 and $0.45 since November may lead to a significant upward move, with a 60% chance of hitting and even surging past the psychological $1 barrier before February.

CoinMarketCap price chart showing that Dogecoin price declined by nearly 10% over the last 24 hours.

However, skeptics caution that Dogecoin’s technical limitations could hinder large-scale adoption compared with newer blockchain solutions. To thrive in the long term, DOGE must bridge the gap between speculation and utility, ensuring its relevance beyond celebrity endorsements.

JetBolt Trends with Innovative Blockchain Solutions  

While Dogecoin continues to generate buzz with Elon Musk’s influence, JetBolt (JBOLT) is capturing attention in its own right, gaining significant traction as a next-gen altcoin. With already more than 280 million tokens sold since its launch, JetBolt is proving that its zero-gas technology and user-centric approach resonate with the crypto community.

JetBolt’s gas-fee-free model, powered by the Skale network, offers a streamlined experience that removes the financial barriers typically associated with blockchain transactions. This frictionless environment not only attracts developers looking to build cost-efficient decentralized applications (dApps) but also makes blockchain interactions more accessible for everyday users.

Another key highlight of JetBolt’s growing ecosystem is its AI-powered crypto insights tool. This feature curates market data and organizes news by sentiment. This intelligent integration brings a new level of convenience to the crypto experience.

Beyond its AI-driven utility, JetBolt introduces a fresh take on staking with its SocialFi model. Users can enhance their rewards not only by staking JBOLT tokens but by engaging with their friends on the platform.

JetBolt’s intuitive Web3 wallet further strengthens its appeal by offering a seamless and secure way to manage digital assets. With features like biometric verification and self-custodial control, the wallet ensures that users can navigate the world of Web3 with confidence and ease.

An exciting aspect of the JetBolt presale is the Alpha Boxes—exclusive rewards that allow early participants to unlock up to 25% more JBOLT tokens when purchasing in batches. This added incentive has fueled even greater enthusiasm, making JetBolt’s presale one of the most talked-about events in the crypto space.

Dogecoin Price Prediction: Can Dogecoin Thrive With Elon Musk’s Backing As JetBolt Trends

Summary: Can Dogecoin Thrive with Elon Musk’s Backing as JetBolt Trends?

Elon Musk’s influence, combined with speculation around potential integration into his companies like X Money, has kept investors intrigued. The upcoming inauguration of the Trump administration, which is perceived as more crypto-friendly, adds another layer of anticipation to Dogecoin’s trajectory.

JetBolt is trending as one of the most exciting projects in the crypto space. As the market evolves, its groundbreaking approach to blockchain usability positions JetBolt as a formidable contender in the next wave of digital innovation.

Visit the official JetBolt website today to find out more about JetBolt’s trending presale and innovative solutions.

The content presented here does not constitute financial advice. As the crypto market continues to evolve and Web3 developments remain uncertain, it is crucial for readers to conduct their own research and make informed decisions.

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

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20 01, 2025

Cardano Price Eyes a Record-Breaking $5 as Analysts Predict Explosive Growth in 2025

By |2025-01-20T15:04:09+02:00January 20, 2025|Crypto News, News|0 Comments

Despite the bullish predictions about Cardano, many investors are opting to rotate funds into the viral presale of crypto casino Rollblock, which has already raised over $8.8 million in record time. 

Rollblock is a new entry in the crypto casino landscape, and with its innovative framework, it’s poised to disrupt the $450 billion gambling industry. Built entirely on the Ethereum blockchain, Rollblock addresses all the typical inefficiencies that have been driving users away from traditional online casinos running on obsolete platforms. This means near-instantaneous transactions across 20 cryptocurrencies including the native RBLK token, superior transparency, and enhanced security. Additionally, all bets are easily traceable and tamper-proof, ensuring a trustworthy casino experience with provably fair odds.

Newcomers will find over 7,000 games, with titles ranging from all-time favorites such as blackjack and poker, to live games and brand-new, AI-driven exclusives. Sports fans will be pleased to learn that Rollblock has recently launched a dedicated sports betting platform, allowing users to bet on their favorite tournaments and championships.

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20 01, 2025

Is a New All-Time High on the Horizon?

By |2025-01-20T13:03:31+02:00January 20, 2025|Crypto News, News|0 Comments

  • XRP recently broke through a weak demand zone, swept liquidity below, and is now targeting zones above
  • A key M15 supply zone may spark a reaction, with liquidity overhead signaling potential upward momentum
  • Market unpredictability makes risk management crucial—scenarios suggest both bullish and bearish possibilities

In our previous analysis of XRP, we observed the price resting on a relatively weak demand zone, with a significant pool of liquidity sitting just below.

As anticipated, the price broke through this demand, swept the liquidity, and is now climbing upward, seemingly targeting the liquidity zones above.

Is a New All-Time High on the Horizon?

But what’s next for XRP? Could it create a new all-time high (ATH)?

The Supply Zone in Focus

Currently, XRP is approaching an intriguing M15 supply zone.

xrp price prediction

This area holds the potential to spark a reaction, but it also carries liquidity overhead, making the situation complex. Traders should tread carefully here, as the market may attempt to sweep that liquidity before showing its hand.

Interestingly, the area below lacks substantial liquidity, which could further bolster the upward momentum.

XRP might aim for a liquidity grab above the supply zone before any significant pullback—or even a potential rally toward uncharted highs.

Market Unpredictability

Despite these scenarios, let’s address the elephant in the room: market uncertainty. No analysis, no matter how detailed, can predict the market with 100% accuracy.

XRP, like any other asset, is subject to unpredictable movements driven by external events, market sentiment, or even algorithmic trading activity.

Key Scenarios to Watch

  • Liquidity Sweep Above: If the price breaks through the M15 supply zone and sweeps the liquidity overhead, we could see a strong reaction.
  • Rejection at Supply: A sharp rejection at the supply zone could lead to consolidation or a retracement, providing potential re-entry points for buyers.
  • Push for ATH: If the upward momentum continues, XRP might test previous demands, with the possibility of establishing a new ATH.

Final Thoughts

Trading XRP in the current conditions requires careful consideration of both the bullish and bearish possibilities. While the scenarios outlined above are plausible, the market can and will do what it wants—leaving room for surprises.

Stay cautious, employ sound risk management strategies, and don’t forget the golden rule: always protect your capital. One practical approach in this situation is using the break-even technique—move your stop loss to your entry point once the trade is in profit. This ensures that even if the market reverses, your risk is minimized.

XRP remains one of the most exciting assets to watch, and its recent price action only adds to the intrigue. Whether it’s on the path to creating a new ATH or facing short-term retracements, the journey is bound to be an exhilarating one.

What’s your XRP price prediction? Are you bullish or waiting for the next retracement?

Disclaimer: The information provided in this article is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Any actions you take based on the information provided are solely at your own risk. We are not responsible for any financial losses, damages, or consequences resulting from your use of this content. Always conduct your own research and consult a qualified financial advisor before making any investment decisions.

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20 01, 2025

These Top Analysts Solana Price Prediction For 2025 Will Blow Your Mind

By |2025-01-20T11:02:38+02:00January 20, 2025|Crypto News, News|0 Comments

Solana’s future looks pretty exciting, especially if you’re into crypto. With all these experts throwing around predictions, 2025 could be a big year for SOL. Some see it soaring, while others are a bit more reserved. But one thing’s for sure, everyone’s got an opinion. Let’s dive into what these top analysts are saying about where Solana might be headed.

Key Takeaways

  • Jake Gagain sees Solana possibly reaching $500 during the next bull market.
  • Tyler Hill predicts Solana’s price will range between $220 and $400 as market conditions change.
  • Taki Tsaklanos believes Solana could surpass $500, with a long-term high target of $1,000.
  • Ben Armstrong expects Solana to hit $500 in the next bull run, fueled by more adoption and DeFi projects.
  • Lark Davis suggests Solana might see prices between $300 to $600 in 2025, thanks to its strong fundamentals.

1. Jake Gagain

Jake Gagain, a well-known figure in the cryptocurrency community, has made some bold predictions regarding Solana’s future. He believes Solana’s price could reach as high as $500 by 2025. This optimistic outlook is based on several factors that he believes will drive Solana’s growth and adoption.

Key Factors Influencing Solana’s Growth:

  1. Network Efficiency: Solana’s high-speed and low-cost transactions have positioned it as a strong competitor to Ethereum. This efficiency could attract more developers and projects to its platform.
  2. Ecosystem Expansion: With a growing number of decentralized applications (dApps) and partnerships, Solana’s ecosystem is expanding rapidly. This growth could significantly boost its value.
  3. Community Support: A dedicated community and developer support are crucial for any blockchain’s success. Solana’s active community involvement is a positive indicator for its future.

“The potential for Solana to become a leading blockchain platform is immense, given its current trajectory and underlying technology.”

In summary, Jake Gagain’s prediction of a $500 price point for Solana by 2025 is influenced by its network capabilities, expanding ecosystem, and strong community backing. While ambitious, these factors could indeed propel Solana to new heights in the coming years. For more insights on potential price movements, check out experts predict significant price increases.

2. Tyler Hill

Tyler Hill, a well-regarded figure in the investment community, has shared his insights on Solana’s price trajectory for 2025. His forecast suggests a range between $220 and $400, reflecting a cautious yet optimistic stance on Solana’s potential growth. Hill’s analysis takes into account various market dynamics and Solana’s technological advancements, which are expected to play a crucial role in its valuation.

Key Points of Tyler Hill’s Prediction:

  • Solana’s price could hover between $220 and $400, depending on market conditions.
  • The forecast considers Solana’s technological improvements and market adoption.
  • Hill emphasizes the importance of liquidity and network upgrades in driving Solana’s future value.

While the forecast is conservative, it highlights the ongoing interest and potential for growth within the Solana ecosystem. As Solana continues to innovate and attract attention, its position in the crypto market remains strong.

3. Taki Tsaklanos

Taki Tsaklanos is known for his insightful analysis in the crypto world, and his predictions for Solana (SOL) in 2025 are no exception. According to Tsaklanos, Solana has the potential to reach new heights, possibly surpassing its previous all-time highs. However, he emphasizes that this will largely depend on certain market conditions and technological advancements.

Solana’s future is bright, but it hinges on key developments in the crypto space.

Key Factors Influencing Solana’s Price:

  1. Market Trends: The overall market sentiment and trends will play a crucial role in determining Solana’s price trajectory.
  2. Technological Advancements: Innovations within the Solana ecosystem could drive its price upward.
  3. Regulatory Environment: Changes in the regulatory landscape could impact Solana’s growth potential.

In Tsaklanos’ view, if Solana manages to confirm a breakout at $271, it could set the stage for reaching all-time highs. This prediction is contingent upon Solana’s trading position by February 5, 2025, which Tsaklanos considers a critical date. For more on this, see SOL needs to confirm a breakout at $271 to reach all-time highs.

4. Ben Armstrong

Ben Armstrong, often known as BitBoy Crypto, is a prominent voice in the cryptocurrency space. His predictions often catch the attention of both new and seasoned investors. When it comes to Solana, Armstrong has shared some intriguing insights.

Armstrong believes that Solana’s innovative approach to blockchain technology could position it as a leader in the crypto world by 2025. He highlights the network’s speed and scalability as key factors that could drive its adoption.

Here’s a quick breakdown of why Armstrong is bullish on Solana:

  • Speed and Efficiency: Solana’s network is known for its fast transaction speeds, which could outpace many competitors.
  • Scalability: The ability to handle a high number of transactions per second makes Solana a favorite for developers.
  • Growing Ecosystem: With increasing interest in DeFi, NFTs, and gaming on Solana, the network’s ecosystem is expanding rapidly.

Armstrong suggests that with the right developments, Solana’s price could see significant gains. He even speculates that if market conditions are favorable, Solana might reach new heights by the summer of 2025, potentially hitting $500.

In the ever-evolving world of cryptocurrencies, Armstrong’s predictions provide a glimpse into what could be a promising future for Solana.

5. Lark Davis

Lark Davis is a well-known crypto analyst who has made waves with his predictions about Solana’s future. He believes that Solana could see remarkable growth by 2025, driven by its robust technology and increasing adoption. Davis suggests that Solana could potentially reach a price of $500 by 2025.

Key Factors Influencing Solana’s Price:

  1. Technological Advancements: Solana’s high-speed blockchain and low transaction costs make it a favorite among developers, which could lead to wider adoption.
  2. Partnerships: Collaborations with major companies like Google Cloud can boost Solana’s visibility and usage.
  3. Market Sentiment: The overall mood of the crypto market will play a significant role in Solana’s price movement.

Solana’s journey is not just about numbers. It’s about becoming a pivotal player in the blockchain space, offering solutions that are both innovative and scalable.

With these factors in mind, Davis remains optimistic about Solana’s potential, highlighting its ability to challenge other top cryptocurrencies in the market.

6. VanEck

VanEck, a well-known investment firm, has made some intriguing predictions about Solana’s future. They foresee Solana reaching unprecedented heights by 2025. With the crypto bull market expected to continue into 2025, VanEck’s predictions align with broader market trends.

Why VanEck is Bullish on Solana

  • Scalability: Solana’s ability to handle thousands of transactions per second makes it a strong contender in the blockchain space.
  • Innovation: The platform’s continuous development and innovation keep it ahead of many competitors.
  • Ecosystem Growth: A rapidly expanding ecosystem of decentralized applications (dApps) and partnerships.

Potential Challenges

  1. Regulatory Hurdles: As with any cryptocurrency, regulatory issues could impact growth.
  2. Market Volatility: The volatile nature of the crypto market can lead to unpredictable price swings.
  3. Competition: Other blockchain platforms are also innovating, which could pose a challenge.

VanEck’s optimism about Solana is fueled by its robust technology and growing adoption. They believe that the platform’s strengths will help it thrive even amidst challenges.

Conclusion

VanEck’s forecast is part of a broader crypto bull market narrative, suggesting that Solana could be a key player in the years to come. Their insights provide a compelling case for Solana’s potential success by 2025.

7. Michael van de Poppe

Michael van de Poppe, a well-known name in the crypto world, has made some intriguing predictions for Solana’s future. He believes Solana could see significant growth by 2025, driven by its robust ecosystem and increasing adoption.

Key Insights:

  • Ecosystem Development: Solana’s continuous development and partnerships are likely to play a major role in its price trajectory.
  • Adoption Rate: The adoption of Solana by developers and businesses could accelerate its market value.
  • Market Conditions: Van de Poppe emphasizes the importance of broader market conditions and how they could impact Solana’s performance.

Solana is not just another blockchain; it’s a thriving ecosystem that’s capturing interest across the crypto space. As more projects build on Solana, its value proposition strengthens, potentially leading to impressive gains by 2025.

Potential Challenges:

  1. Market Volatility: Like any cryptocurrency, Solana is subject to market fluctuations.
  2. Regulatory Hurdles: Changes in regulations could impact its growth.
  3. Competition: Solana faces competition from other blockchains, which could affect its market share.

Van de Poppe’s analysis suggests that while there are challenges, the potential rewards for Solana could be substantial. His insights are a reminder of the dynamic nature of the crypto market and the opportunities it presents.

8. Wallet Investor

Wallet Investor is one of those platforms that people often turn to for financial forecasts, especially in the crypto world. Their predictions for Solana in 2025 are quite intriguing. They foresee Solana reaching new heights, driven by a combination of technological advancements and broader market trends.

Key Predictions

  • Price Surge: Wallet Investor anticipates a significant increase in Solana’s price over the next few years. They predict the price could potentially double by 2025, thanks to growing adoption and network improvements.
  • Market Dynamics: The platform highlights how the increasing interest in decentralized applications (dApps) could play a pivotal role in Solana’s growth.
  • Risk Factors: Despite the optimistic forecast, Wallet Investor warns of potential volatility due to regulatory changes and market sentiment shifts.

Factors Influencing Solana’s Price

  1. Technological Innovations: Solana’s continuous upgrades and innovations are expected to enhance its scalability and efficiency, making it more attractive to developers and investors.
  2. Adoption Rate: The rate at which businesses and developers adopt Solana’s blockchain technology will significantly impact its price.
  3. Regulatory Environment: Changes in regulations, especially in major markets, could affect Solana’s adoption and price.

Wallet Investor’s predictions are based on a mix of historical data and current market trends. While they offer a hopeful outlook, it’s crucial to stay updated with market developments and adjust strategies accordingly.

9. Gov Capital

Gov Capital has been making waves with its bold predictions for Solana’s price by 2025. Their analysis is grounded in a mix of technical data and market trends, offering insights that are both intriguing and potentially lucrative for investors.

Key Predictions

  • Price Range: Gov Capital forecasts that Solana could reach a price range between $1,200 and $1,500 by 2025. This prediction is based on current market trends and historical data.
  • Growth Potential: They see a significant growth potential, driven by Solana’s expanding ecosystem and increasing adoption in decentralized finance (DeFi).
  • Market Sentiment: The overall sentiment is optimistic, with factors like network upgrades and strategic partnerships playing a crucial role.

Monthly Breakdown

Here’s a snapshot of how Solana’s price might evolve month-by-month according to Gov Capital’s projections:

Month Minimum Price Average Price Maximum Price
January $1,200 $1,250 $1,300
February $1,250 $1,300 $1,350
March $1,300 $1,350 $1,400
April $1,350 $1,400 $1,450
May $1,400 $1,450 $1,500

“Solana’s trajectory is not just about price; it’s about potential. The network’s ability to scale and innovate will determine its future value.”

Factors Influencing Predictions

  1. Technological Advancements: Solana’s continuous upgrades and enhancements boost its appeal.
  2. Market Adoption: As more projects build on Solana, its utility and demand increase.
  3. Competitive Position: Solana’s ability to compete with other major blockchains could impact its price.

Gov Capital’s analysis is one of many, but it certainly provides a fascinating perspective on where Solana might be headed by 2025.

10. CryptoPredictions

CryptoPredictions has gained a reputation for being one of the most pragmatic forecasters in the crypto space. They don’t just throw numbers around; they base their predictions on solid data and trends. So, what’s their take on Solana for 2025?

Solana’s Price Outlook

CryptoPredictions foresees Solana experiencing a significant growth phase, but with expected fluctuations. By 2025, Solana could potentially reach a price range of $500 to $600. This prediction considers both the technological advancements Solana is making and the broader market trends.

Factors Influencing Solana’s Price

  1. Network Upgrades: Continuous improvements and updates to the Solana network can enhance its scalability and efficiency, attracting more developers and projects.
  2. Market Adoption: As more businesses and applications adopt Solana for its speed and low transaction costs, the demand for SOL tokens is likely to rise.
  3. Regulatory Environment: The crypto market’s regulatory landscape can impact investor confidence and market dynamics, influencing Solana’s price.

Possible Challenges

  • Market Volatility: Like any cryptocurrency, Solana is not immune to market swings that can affect its price.
  • Competition: Other blockchain platforms are also innovating, which could impact Solana’s market share.

Solana’s journey in 2025 is expected to be dynamic, with both opportunities and hurdles. The key will be how well it navigates these challenges to maintain its growth trajectory.

In essence, CryptoPredictions provides a cautiously optimistic view of Solana’s future, emphasizing the potential for growth while acknowledging the inherent risks of the crypto market.

Conclusion

So, there you have it. Solana’s future is as bright as ever, with predictions ranging from steady growth to potential sky-high prices. While some analysts are cautious, others are downright optimistic, seeing Solana as a major player in the crypto world by 2025. Whether you’re a seasoned investor or just curious, it’s clear that Solana is one to watch. Just remember, the crypto market is as unpredictable as ever, so keep your eyes peeled and stay informed. Who knows, Solana might just surprise us all.

Frequently Asked Questions

What is Solana’s price prediction for 2025?

Experts predict Solana’s price in 2025 could range from $166 to $750, with some forecasting even higher peaks.

Why is Solana considered a good investment?

Solana is praised for its fast transaction speeds and low fees, making it popular for decentralized apps and projects.

Can Solana reach $1,000 by 2025?

While some experts are optimistic about Solana’s growth, reaching $1,000 by 2025 is considered a stretch goal.

What factors could influence Solana’s price in 2025?

Market conditions, adoption of its technology, and overall crypto market trends could impact Solana’s price.

How does Solana’s blockchain work?

Solana uses a unique proof-of-history mechanism, which helps process transactions quickly and efficiently.

Is Solana’s price expected to drop before rising in 2025?

Some analysts believe a short-term drop might occur before Solana’s price potentially rises in 2025.

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20 01, 2025

Here’s the XRP Price Where the Top 5% of Holders Could Get Rich

By |2025-01-20T07:00:18+02:00January 20, 2025|Crypto News, News|0 Comments

If the XRP price appreciates by just 257% from its current position, this development can make at least the top 5% of XRP holders rich.

XRP has been on a rampage since the November 2024 U.S. presidential elections, in which Donald Trump emerged victorious. From a price of around $0.50, XRP skyrocketed to a peak of $3.39. This marked a massive 520% gain within a month, positioning XRP as the biggest gainer among the top assets on the Trump-led rally.

XRP Wallets Increase

Amid this run, network onboarding has skyrocketed as new investors attempt to jump on the moving train. Data from an XRP Rich List platform confirms that XRP had about 5.36 million wallets by late October 2024. 

Interestingly, this figure has now increased to 5.917 million, closing in on the 6 million mark. This indicates that XRP welcomed over 557,000 new addresses within three months, representing an average of 6,188 new wallets each day since late October 2024.

However, of the 5.917 million wallets, only a handful hold substantial amounts of XRP. Further on-chain data reveals that the top 10 XRP addresses, which amount to 519,711 wallets, hold balances that are equal to or greater than 2,578 tokens, currently worth $7,295. At the same time, the top 5% holders hold 9,679 XRP.

An XRP Price of $10

If this minimum figure remains fairly stable, an XRP price surge to greater levels could make all addresses within the top 10 tier rich. Notably, amid its bullish tendencies, several analysts have made ambitious XRP price projections, including a $10 target.

Last November, XRPHealthcare’s Edoardo Farina noted that he believes a $10 XRP price is feasible, highlighting ten factors that could trigger it. Market analyst Maelius also projected the $10 price for XRP in a recent analysis this month. At the current price of $3.10, XRP would only need a 257% uptrend to reach $10.

Should this materialize, the minimum balance of the top 10 XRP holders, amounting to 2,578 tokens, would increase to $25,780. Meanwhile, the lowest balance for the top 5%, about 9,679 XRP, would rise to $96,790. Further, the minimum balance of the top 1%, which now sits at 55,728 tokens, could increase to $557,280.

Here’s the XRP Price Where the Top 5% of Holders Could Get Rich
Top XRP Holders

Looking above, the minimum balances of the top 0.5%, 0.2%, 0.1%, and 0.01%, respectively, amount to 101,467 XRP, 217,594 XRP, 401,014 XRP, and 6,625,111. If XRP hits $10, these balances will increase to $1,014,670, $2,175,940, $4,010,140, and $66,251,110, respectively.

It bears mentioning that the lowest balance for each tier of holders continues to decrease as XRP price appreciates, lowering the minimum balance. This is due to gradual sales carried out by investors as the XRP price soars amid a profit-taking campaign. For instance, the minimum balance of the top 10% stood at 3,011 XRP about six months ago.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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20 01, 2025

Eyes For $3.5, 45% Solana (SOL) Pump Might Be Only Beginning

By |2025-01-20T04:59:12+02:00January 20, 2025|Crypto News, News|0 Comments

Cover image via www.freepik.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

With a recent break above a crucial resistance level close to $102,000 Bitcoin is still gaining ground. Although this move suggests that the asset is once again strong a significant test is still ahead as Bitcoin gets closer to a crucial psychological and technical barrier at $105,000. 

A favorable macro environment and rising trading volumes have helped Bitcoin maintain its upward trend over the past week. BTC is reclaiming the 50, 100 and 200 EMA’s on the daily chart indicating that the bullish trend is still in place. With an RSI of 63 the market is showing moderate strength but still has room to rise before reaching overbought territory. The $105,000 mark is a formidable obstacle.

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BTC/USDT Chart by TradingView

In order to maintain its current rally Bitcoin must decisively break through this strong resistance level which is in line with earlier peaks on the chart. The market may reach $110,000 a level not seen since the start of the last significant bull run if this breakout is successful. A retracement with support levels at $98,000 and $95,000 might occur if the price fails to break $105,000. 

These levels which were once important resistances are now serving as solid support areas which could reduce Bitcoin’s downside risk. Since BTC’s recent price action suggests growing institutional and retail interest, the general market sentiment is still cautiously optimistic. In the medium term, the macroeconomic environment which anticipates slower interest rate increases contributes to the optimistic outlook for Bitcoin. 

The most important level to keep an eye on for traders and investors is the $105,000 mark. Strong volume combined with a clear move above this area could support the bullish argument for Bitcoin and pave the way for future gains. Failure to hold above $105,000 however might indicate a brief halt in the rally. 

XRP Prevails

Following its recent breakout above $3, XRP is still demonstrating its dominance in the cryptocurrency market and has a lot of momentum. The asset is still firmly positioned as a key performer despite some setbacks thanks to robust trading volumes and advantageous on-chain metrics. The price of XRP has risen over the last few weeks surpassing significant resistance levels. Its advance toward $3 and higher was sparked by its breakout from the consolidation pattern at about $2.5. 

The asset has found support above the 50 and 100 EMA on the daily chart demonstrating XRP’s outstanding performance. Additionally RSI levels close to 68 indicate that XRP is still in a healthy bullish phase without being overbought. The next significant target for bullish investors is $3.5 where XRP is currently trading at $3.13. 

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XRP Chart Pattern Predicts Breakout to $4; What's Next?

A possible breakthrough would indicate further upward momentum as this level represents a psychological and technical barrier. In contrast if current levels are not maintained XRP may retetest support at $3 or even $2.75. Additionally on-chain metrics present a favorable image of XRP. In recent days there have been over 1 trillion account-to-account payments indicating an increase in network usage and activity. 

The asset’s growing popularity has also been supported by the steady increase in the number of active accounts. The fact that XRP can sustain high trading volumes—currently surpassing $230 million on its bullish candles—further demonstrates its dominance. This volume of activity suggests that institutional and retail investors are still interested. 

In the future XRP’s path toward $3. 5 depends on both ongoing on-chain strength and general market conditions. A successful break of $3.5 might pave the way for additional gains making the $4 mark a realistic target. However traders should continue to be on the lookout for possible retracements particularly if market sentiment changes or volume declines. 

Solana takes all attention

Solana‘s remarkable 45% rally in recent days has drawn market attention and may indicate a significant trend reversal. Numerous significant technical breakouts have coincided with this surge which may open the door for long-term upward momentum. Solana recently broke through a number of significant resistance levels such as the 50 EMA at $199 and the 100 EMA at $210. 

There had previously been no significant price recovery due to these levels. A strong bullish signal that confirms the potential for a trend shift is provided by breaking above these thresholds. The asset is currently trading above $280 indicating a high level of market confidence. After Solana firmly broke out of its descending channel which had kept the asset under selling pressure for weeks there was another significant breakout. 

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By making the bearish structure invalid this move prepares the way for more bullish continuation. Furthermore the fact that Solana‘s RSI has hit 78 indicates strong momentum. This confirms the strength of the buying pressure propelling the rally even though it also points to some overbought conditions. 

The volume increase has also been significant. During this rally, Solana’s trading volume reached a new high indicating heightened market participation and interest. In order to sustain the current upward trend this is a crucial component.

Looking ahead the $300 mark may serve as a psychological barrier as Solana encounters its next significant resistance. If this breakthrough is successful it may lead to higher targets of $350 or more. For the asset to continue its bullish outlook on the downside support above $250 must be maintained. 

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20 01, 2025

Crypto Analyst Says Prepare For More Upside, But This Ethereum Token Will Bring You 41,200% Returns

By |2025-01-20T02:58:12+02:00January 20, 2025|Crypto News, News|0 Comments

A renowned crypto analyst has spoken on the Dogecoin price’s trajectory. He predicts more upside for the meme coin as it tries to catch up to its price level from last week. Meanwhile, he expressed a belief that WallitIQ (WLTQ), a new Ethereum token, will outpace the Dogecoin price with a forecasted 41,200% surge shortly. The Ethereum token is priced at $0.0420 in its ongoing presale, and the crypto analyst encouraged traders and investors to seize the opportunity to accumulate tokens ahead of the surge.

Dogecoin Price: A History Of Resilience

The Dogecoin price chart tells a story of resilience as the meme coin exits its downtrend from the last month. The Dogecoin price is steadily inching its way upwards to reclaim its level from December 17. Currently trading at $0.3472, the Dogecoin price has about 13% to go before it returns to green on the monthly time frame.

The aforementioned crypto analyst has declared more upside for the Dogecoin price, hinting that the meme coin could reclaim its price level from December 17 and continue weaving its path to $1. Nevertheless, the crypto analyst has spotted an Ethereum token with the potential for 41,200% returns. While Dogecoin is making headlines, this new Ethereum token, WallitIQ (WLTQ), is making millionaires. With a low-cost presale price of just $0.0420, WallitIQ (WLTQ) offers investors the opportunity to buy as many units of this Ethereum token as possible and gain massive profits as its price increases. 

WallitIQ (WLTQ): Redefining Crypto Management With Security Innovation And User-Centric Features

WallitIQ (WLTQ) has just launched the MVP build of its Crypto Wallet Management Mobile App. This new DeFi wallet simplifies cryptocurrency asset management and transactions. The WallitIQ (WLTQ) DeFi wallet app features real-time crypto price tracking through CoinGecko API integration, interactive candlestick charts for market analysis, and intuitive wallet management capabilities for ETH and USDT. 

To make payments faster and easier, WallitIQ (WLTQ) generates QR codes for each wallet address. Additionally, the app’s sleek, modern interface ensures users can navigate these features effortlessly, setting the stage for widespread adoption of the WallitIQ (WLTQ) Ethereum token. Users can trade over 1,500 supported cryptocurrencies directly and cover transaction fees using the WallitIQ (WLTQ) native Ethereum token.

One standout aspect of WallitIQ (WLTQ) is its commitment to security. The WallitIQ (WLTQ) wallet app had one of its smart contracts meticulously audited by SolidProof, an industry leader in blockchain security. This thorough validation process, along with an AI-powered anomaly detector and biometric authentication, makes WallitIQ (WLTQ) one of the most secure wallets in the market. 

The WallitIQ (WLTQ) DeFi wallet also incentivizes user engagement. Users can earn staking rewards of up to 180% APY, premium features, and unlimited referral bonuses by staking the WallitIQ (WLTQ) Ethereum token. 

An Ethereum Token That Could Change Your Life 

The crypto market thrives on timing, innovation, and seizing opportunities before the masses catch on. Right now, WallitIQ (WLTQ) offers that once-in-a-lifetime chance to be part of the next big wave. While Dogecoin continues to capture headlines and gain attention, wise investors and crypto analysts have spotted WallitIQ’s (WLTQ) Ethereum token and its massive potential for a 41,200% surge.

This Ethereum token is available for just $0.0420 in its third-stage presale and has already increased by over 140%. You can join the WallitIQ (WLTQ) presale today and position yourself for massive future gains. 

Join the WallitIQ (WLTQ) presale and community: 

Join WallitIQ (WLTQ) Presale

Join the WallitIQ (WLTQ) Community

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20 01, 2025

New Ripple XRP Price Prediction – Could Surpass Ethereum Market Cap

By |2025-01-20T00:57:20+02:00January 20, 2025|Crypto News, News|0 Comments

Ripple’s XRP is experiencing a remarkable surge in market activity and optimism. The intense vibe shift has analysts predicting that XRP could soon rival Ethereum’s market cap.

Sam Ruskin, an analyst at blockchain research firm Messari, suggested that XRP might surpass Ethereum in valuation within the next month. Ruskin attributes this potential milestone to several converging factors, including heightened market enthusiasm, political developments, and an increased focus on OG cryptocurrencies, dubbed “boomer coins” or “dino coins”.

Market Trends Favor XRP

Ruskin noted that XRP has performed extremely well, up 460% since the U.S. presidential election on Nov. 5, 2024. He identified a strong correlation between market sentiment and external events such as Donald Trump’s re-election. “The inauguration could spark a large buying event for XRP, similar to the post-election rally of 2016,” Ruskin said in a post on X called, The Case for XRP Flipping ETH.

XRP vs. ETH market cap comparison. Source: Sam Ruskin via X

This surge has positioned XRP as a favorite among retail and institutional investors alike, especially with rising speculation about the approval of an XRP exchange-traded fund (ETF) in the U.S. under the new administration. Ruskin also highlighted that new U.S. tax regulations, which may benefit domestic crypto projects, could further drive investment in XRP.

Ethereum Faces Challenges

While XRP gains traction, Ethereum, the second-largest cryptocurrency by market cap, appears to be grappling with headwinds. Ruskin noted that Ethereum was still 30% below its all-time high of $4,800, despite record levels of open interest. The disconnect here is a sign of weak investor demand and internal problems in the Ethereum ecosystem, such as community splits and competition from new blockchain networks. The recent Trump Meme Coin launch on Solana, caused Solana to skyrocket 15% overnight, but tanked ETH, with Solana now the token launch network of choice for the wider market.

New Ripple XRP Price Prediction – Could Surpass Ethereum Market Cap

Ethereum (ETH) price vs. Open Interest. Source: Sam Ruskin via X

In contrast, XRP has demonstrated a strong alignment between price movement and open interest, signaling greater market conviction. According to Ruskin, this dynamic could lead to a 35–50% price increase for XRP in the months following Trump’s presidency, potentially bringing its market cap closer to Ethereum’s $415 billion valuation.

Record-Breaking Performance

XRP recently came close to breaking its all-time high price of $3.40, set in January 2018. On Thursday, it peaked at $3.38, a 45% jump over the last week. The rally puts the spotlight certainly on XRP, which is up 560% since Election Day.

XRP outperformed BNB, SOL, and USDT

XRP outperformed BNB, SOL, and USDT in terms of market capitalization growth. Source: Sam Ruskin via X

Brad Garlinghouse, CEO of Ripple, has been leading from the front with this momentum. With more than $143 billion worth of XRP held by Ripple, the firm is wasting no time in considering acquisitions that would further cement its position in the crypto world. “Ripple is in discussions with several startups and expects to accelerate its deal-making activity, and work towards enabling Tokenization,” a company spokesperson said.

Ripple’s Strategic Moves

Recently, Ripple joined the stablecoin market with the RLUSD token, which has seen a surge in trading volumes on a few exchanges. Its new Tokenization strategy involves acquiring firms in crypto custody and stablecoin businesses to consolidate its position in the increasingly competitive market.

Ripple’s XRP

Ripple’s XRP price vs. Open Interest. Source: Sam Ruskin via X

Moreover, not even the legal tussles between Ripple and the U.S. SEC deterred its progress. As if for a dare, even though the SEC has filed an appeal for a partial ruling in favor of Ripple, the company scaled operations on growing investor confidence with a friendlier regulatory outlook of the new administration.

XRP’s Future Prospects

Ripple’s XRP

Ripple (XRP) price chart. Source:XRP Liquid Index (XRPLX) via Brave New Coin

As market dynamics evolve, XRP’s trajectory appears increasingly promising. With the potential approval of an XRP ETF, continued investor interest, and strategic acquisitions, the cryptocurrency is well-positioned for significant growth. However, whether it can ultimately surpass Ethereum’s market cap remains to be seen, as much depends on external factors and the broader crypto market’s performance.

For now, Ripple’s XRP news is positive. The recent XRP price rise is a testament to its resilience and the growing influence of Ripple in the rapidly changing cryptocurrency landscape. With rumors that XRP will be greenlit for inclusion in an American Crypto Reserve under President Trump, XRP’s prospects could not be bright. Raise your price predictions, XRP is headed to the moon in 2025.

Will XRP be included in an American Crypto Reserve? Source: NYP

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19 01, 2025

Could Expanding Network Growth Drive SOL To $700?

By |2025-01-19T22:56:13+02:00January 19, 2025|Crypto News, News|0 Comments

Solana (SOL) is surging again with its price climbing approximately 8.9% over the past week.

This momentum is largely attributed to the platform’s expanding ecosystem, including the integration of Ethereum’s Solidity developers through Hyperledger Solang. Additionally, the recent addition of Solana to Robinhood’s cryptocurrency offerings has increased accessibility for U.S. traders, which brings the question of whether Solana could reach $700 at some point.

Meanwhile, projects like PlutoChain ($PLUTO) could also attract attention in the coming weeks. This Layer-2 solution has the potential to enhance Bitcoin’s blockchain by enabling smart contracts and decentralized applications, potentially paving the way for exciting new opportunities.

Let’s check out the deets.

Technical Charts Hold Insights. Will Network Growth Drive SOL to $700?

As of January 5, 2025, Solana (SOL) is trading at approximately $213.29, with a slight decrease of about 1.13% over the past 24 hours.

Technical analysis indicates that SOL is trading within a local channel, facing resistance at approximately $222.15. A successful breach of this resistance could drive the price toward the $230–$240 range in the near term. Support levels are at $207.85, $199.51, and $193.55, which may serve as potential rebound points in the event of a price decline. The 50-day moving average (MA) is currently at $220.70, while the 200-day MA stands at $170.10, indicating a bullish trend.

This ‘golden cross’ suggests that SOL has been gaining momentum over the short term compared to its longer-term trend, which is typically a positive sign for investors. Analysts have weighed in with optimistic projections for Solana’s future. Lark Davis, a well-known cryptocurrency influencer, suggests that Solana could reach prices between $300 and $600 by 2025, citing its strong fundamentals and ecosystem growth.

Kelvin (@KEmmra) predicts that Solana ($SOL) could reach the $600 range, with the Stochastic RSI being a key indicator, similar to the previous prediction for Bitcoin hitting $58k, as shown in the charts.

Could PlutoChain Be the Key to Smart Contracts and Bringing New Upgrades on Bitcoin?

PlutoChain ($PLUTO) is introducing a new Layer-2 solution that could significantly enhance Bitcoin’s blockchain by enabling compatibility with smart contracts and decentralized applications (dApps).

Historically, Bitcoin’s 10-minute block time has limited its ability to support these advanced features, which is why faster alternatives like Ethereum and Solana have gained favor. However, PlutoChain might just change this by offering transaction speeds as fast as two seconds on its own proprietary chain.

This could allow developers to leverage Bitcoin’s strong, decentralized network to create new applications, potentially expanding Bitcoin’s use cases. One of the key indicators of its potential is the platform’s testnet, which is already processing over 43,200 transactions per day.

This impressive throughput demonstrates PlutoChain’s scalability and readiness for deployment in real-world applications. A particularly compelling feature of PlutoChain is its community governance model. By allowing users to vote on protocol updates, PlutoChain ensures that the network remains decentralized, giving the community direct control over decisions.

In addition to its governance model, PlutoChain has gained credibility by passing rigorous audits from reputable firms such as SolidProof, QuillAudits, and Assure DeFi. These audits provide assurance to users and developers that PlutoChain meets the highest security standards, further boosting its legitimacy and trustworthiness within the blockchain ecosystem.

The platform also benefits from its compatibility with the Ethereum Virtual Machine (EVM), which could combine Bitcoin’s security with the flexibility and adaptability of Ethereum. This may open up exciting opportunities for new projects in decentralized finance (DeFi), NFTs, and AI, further enhancing PlutoChain’s potential to revolutionize the blockchain space.

Final Thoughts

While Solana’s recent growth has captured attention, $700 might not come as soon as some market analysts believe.

But, PlutoChain ($PLUTO) could generate substantial buzz in the next few weeks upon its potential mainnet launch. Its Layer-2 solution could revolutionize Bitcoin by enabling smart contracts and decentralized applications, potentially bringing a host of new possibilities.

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