Schlagwort: crypto business

Veröffentlicht am

XRP market cap grows 1.9% in Q1 2025 as XRPL adoption surges

  • XRP’s market cap rose 1.9% in Q1 2025 to $121.6 billion.
  • BTC, ETH, and SOL combined lost 22% in market cap over the same period.
  • XRPL daily active addresses grew 142% to 134,600.

XRP’s network fundamentals saw notable expansion in the first quarter of 2025, with Ripple Labs capitalising on infrastructure growth and institutional adoption to consolidate its market position.

According to a Messari report released in early May, XRP was the only major cryptocurrency among the top four by market cap to post gains in Q1, with a 1.9% quarter-over-quarter rise.

In contrast, the combined capitalisation of Bitcoin, Ethereum, and Solana dropped 22% over the same period.

The report also highlighted that all measurable XRP Ledger (XRPL) network metrics rose for the second consecutive quarter—a rare event since Messari began tracking XRPL in Q1 2023.

The growth trend was further reinforced by Ripple’s acquisition of prime brokerage Hidden Road and the testnet launch of the XRPL EVM sidechain.

XRPL user activity and nodes see sharp increases

The average number of daily active addresses on the XRPL reached 134,600 in Q1, marking a 142% increase quarter over quarter.

Messari noted that this level of user engagement indicates sustained interest from both long-time participants and new entrants.

Total new addresses registered in the quarter stood at 568,300, a 12% increase from Q4 2024 and up 210% compared to the same quarter last year.

A similar growth trend was observed in transactional activity. Average daily transactions rose 13% from the previous quarter to 2.04 million. Payment transactions, which had dipped 8% in Q4 2024, rebounded 36% QoQ to 1.12 million.

Daily receiver addresses surged 168% to 127,800, outpacing the 14.5% increase in daily senders. This pattern is often indicative of airdrop-driven participation, where dormant wallets are reactivated to receive token distributions.

Infrastructure growth was even more pronounced. The number of active nodes jumped from 886 in Q4 to 9,498 in Q1 2025—a 972% surge.

This dramatic increase suggests a broader interest in decentralised validation and improved support for network scalability.

Ripple’s $1.25B Hidden Road deal boosts ecosystem reach

On April 8, Ripple announced the acquisition of Hidden Road for $1.25 billion, making it the first crypto company to own a prime brokerage platform.

The move is seen as part of Ripple’s strategy to deepen XRPL’s enterprise use cases and facilitate broader adoption of Ripple’s native stablecoin, RLUSD.

As part of the integration, Hidden Road will use XRPL for post-trade operations and accept RLUSD—Ripple’s USD-backed stablecoin—as collateral. RLUSD itself saw its market capitalisation rise 304% in Q1 2025, reaching $25.9 million on the XRPL.

This reflects growing institutional confidence in Ripple’s infrastructure as a medium for value transfer and settlement.

EVM compatibility and global payments integration on the rise

The XRPL ecosystem expanded its technical scope with the launch of the XRPL EVM sidechain testnet on 31 March. Once it goes live on the mainnet in Q2 2025, this upgrade will allow developers to deploy Ethereum-compatible smart contracts using XRPL’s consensus mechanism.

The move is expected to attract decentralised finance (DeFi) developers seeking alternatives to Ethereum’s high gas fees and scalability bottlenecks.

Meanwhile, global institutions continue to integrate Ripple’s cross-border payments system. In Q1 2025, Zand Bank and fintech platform Mamo—both based in the UAE—adopted Ripple Payments to facilitate international transactions.

These developments suggest a growing preference for Ripple’s blockchain infrastructure among regulated financial entities, particularly in emerging markets seeking fast, low-cost remittance solutions.

While XRP’s price increased just 0.5% in Q1 2025, the growth in market cap was driven largely by a 1.4% increase in circulating supply.

However, the sustained rise in activity, address creation, and institutional backing points to deeper network engagement beyond speculative trading.

The post XRP market cap grows 1.9% in Q1 2025 as XRPL adoption surges appeared first on CoinJournal.

Veröffentlicht am

Space and Time token SXT pumps 33% amid key Microsoft integration

  • The Space and Time token SXT jumped more than 33% as altcoins rose.
  • SXT crypto price was up after a major partnership with Microsoft.
  • The token’s daily volume jumped 390% to over $280 million as SXT outpaced top altcoins.

The Space and Time (SXT) price rose sharply on Wednesday as the zero-knowledge proofs blockchain for data struck a major partnership with Microsoft.

Daily volume exploded 390% to over $280 million, while the cryptocurrency’s market cap edged to near $200 million.

The cryptocurrency ranked among the best performers on the day, topping the list of gainers by 24-hour gains in the top 500 coins by market cap.

Per data from Coinglass, the open interest in the Space and Time token is up 117%.

Why did the SXT crypto price surge today?

SXT price reached highs of $0.15, surging by more than 33% in the past 24 hours.

Gains saw the altcoin bounce off its recently hit all-time low of $0.10.

The downside to the new low happened as the broader crypto market witnessed a bout of volatility, with Bitcoin price dumping to under $103k before rallying sharply to retest the $107k level.

This action also cascaded into top altcoins, and smaller coins such as Space and Time exploded.

SXT, however, had another likely catalyst fueling its upsurge.

A major announcement from tech giant Microsoft provided the tailwinds, specifically in the form of Microsoft’s integration of the Space and Time blockchain with the US-based computing giant’s analytics platform Fabric.

Integration will see Microsoft add real-time data feeds to the Microsoft Fabric network.

This collaboration builds on Space and Time’s milestone of getting capital backing from M12 – Microsoft’s venture arm.

Space and Time network growth

The integration speaks to the growing traction for Space and Time.

Now, such ecosystem users can easily leverage Fabric to access the ZK-proven platform’s indexed data.

Initial support includes top blockchain networks like Bitcoin, Sui, and Ethereum.

Developers will tap into this capability via the cloud data storage solution Azure OneLake.

“We’re thrilled to expand our collaboration with Microsoft to provide verifiable blockchain data to enterprises, institutions, and developers building on Fabric,” said Nate Holiday, the co-founder of Space and Time and CEO of MakeInfinite Labs, an original contributor to Space and Time.

“This integration enables a wealth of new data-driven use cases across financial services, Web3 apps, and AI to be built on Microsoft technology,” Holiday added.

Integration with Microsoft Fabric comes a few days after Space and Time unveiled its mainnet.

The native token SXT jumped to an all-time high above $0.18 on May 8, 2025. While price has since dipped slightly, the current SXT value is only 25% off that peak.

Space and Time raised $20 million in a Series A funding round led by M12 in 2022.

The post Space and Time token SXT pumps 33% amid key Microsoft integration appeared first on CoinJournal.

Veröffentlicht am

Best crypto to buy as SEC delays XRP and Dogecoin ETF decisions

Key takeaways

  • The U.S. SEC has delayed decisions on the XRP and Dogecoin spot ETF proposals and has asked for public input.
  • Bitcoin Pepe rallies higher as investors look to catch the next big memecoin.

SEC delays XRP and Dogecoin ETF decisions. Will it approve altcoin ETFs soon?

The United States Securities and Exchange Commission (SEC) delayed decisions on spot XRP and Dogecoin exchange-traded funds (ETFs) on Tuesday. The regulator also asked for public comments for the 21Shares Core XRP Trust, the Grayscale XRP Trust, and the Grayscale Dogecoin Trust.

The regulator approved the Bitcoin and Ethereum spot ETFs last year. However, it has yet to approve other altcoin ETF applications since then. Currently, the SEC is reviewing ETF proposals allowing investors to purchase funds tracking the performance of various altcoins, including XRP, Dogecoin, Solana, Polkadot, SUI, Litecoin, BNB, and Chainlink.

Despite its recent delay, analysts are optimistic that the SEC will approve other ETF applications. Bloomberg Intelligence ETF analyst James Seyffart stated that the SEC will likely approve the ETFs in the fourth quarter of the year. 

The SEC under the current administration is crypto-friendly, as it has recently dropped lawsuits against several cryptocurrency firms. 

Altcoins are still underperforming. Is this the right time to buy?

Bitcoin is closing in on a new all-time high, but altcoins are still underperforming. Currently, Bitcoin’s market dominance is 63%, similar to its level during the bull market of 2021.

The dominance level is expected to drop once the altcoin season kicks off. While Bitcoin is only 2% away from its all-time high, most altcoins are 30-40% away from their previous all-time high prices. Thus, indicating that this could be an excellent opportunity for investors to purchase altcoins.

Altcoin dominance currently stands at 27.8% but could increase significantly to over 40%, as seen during the altcoin rallies of 2022 and 2017. 

Investors are eyeing the best crypto buy, and memecoins are some of the best performers in the market. Emerging memecoins like Bitcoin Pepe are attracting investors thanks to their unique problem-solving products.

$BPEP goes live on exchanges in a few days amid growing investors’ demand

Interest in cryptocurrencies is on the rise thanks to growing institutional demand. The demand is also spreading to nations and states, with some already setting up Digital Asset Reserves to buy and hold Bitcoin and various cryptocurrencies.

Retail investors shouldn’t be left out as new projects are emerging that will change narratives in the market. Investors looking for new gems usually leverage areas such as memecoins, AI, decentralised finance, RWA, and gaming.

Bitcoin Pepe is one of the projects that has generated massive interest recently. The first meme-centric Layer 2 built on Bitcoin, Bitcoin Pepe, is expanding rapidly through a series of high-impact partnerships.

Its presale will end in ten days, and over $10 million has been raised in the past few weeks. As a layer 2 meme for BTC, Bitcoin Pepe boasts Solana’s speed and low fees, empowering developers on the Bitcoin blockchain.

Bitcoin Pepe is laying the groundwork for an ecosystem in which the $BPEP token will have real cross-chain utility and culture-driven reach. The token will launch on its first crypto exchanges in less than two weeks and could be one of the top performers in the market.

 

Currently, Bitcoin Pepe’s presale price is $0.0359. This could be the lowest price investors pay for $BPEP. Once the presale ends on May 31, however, the price could explode amid high demand.

The post Best crypto to buy as SEC delays XRP and Dogecoin ETF decisions appeared first on CoinJournal.

Veröffentlicht am

BTC fails to hit a new all-time high as Bitcoin Pepe’s presale tops $10.7m

Key takeaways

  • Bitcoin failed to make a new all-time high after hitting the $107k level earlier today.
  • The Bitcoin Pepe presale has surpassed $10.5 million, with 10 days left for investors to get in early on this project. 

BTC drops below $107k, failing to make a new all-time high

The cryptocurrency market has been positive since the start of the week. Bitcoin, the number one crypto by market cap, added over 2.5% to its value in the last seven days, hitting the $107k level earlier today.

However, BTC has now dropped below $107k as bulls failed to make a new all-time high. At press time, the price of Bitcoin stands at $106,457 but could rally higher in the near term.  

Market analysts are optimistic that Bitcoin will hit a new all-time high soon, and it is currently only 2.4% away from the current ATH price of $109,114. 

$BPEP’s price hits $0.0359 as presale nears conclusion

$BPEP, the native token of the Bitcoin Pepe ecosystem, is performing excellently as the Bitcoin Pepe presale approaches its end. Currently in its presale, $BPEP could rally higher once it launches on exchanges. This could be an excellent opportunity for investors to purchase the $BPEP token before the price explodes. 

Bitcoin Pepe is a unique project that aims to enhance memecoin trading on the Bitcoin blockchain. The team is developing an L2 network to leverage Bitcoin’s liquidity and security to build a thriving memecoin trading ecosystem. 

This network will enable developers to have access to tools to migrate their memes from other blockchains to the Bitcoin blockchain. The Bitcoin Pepe ecosystem will be fully powered by $BPEP, its native coin. Developers will use the token to pay for fees and other transactions.

Read more about Bitcoin Pepe’s memecoin ICO here.

Bitcoin Pepe’s presale hits $10.7m, CEXs to list token

Bitcoin Pepe’s presale is approaching its end, and the team has raised over $10.5 million so far. The presale gives investors an excellent opportunity to purchase the $BPEP token at a discount.

$BPEP is the first meme initial coin offering (ICO) on the Bitcoin blockchain and has gained widespread adoption among investors. The team will use the generated funds to develop some of its products and services. 

Bitcoin Pepe could gain massive adoption thanks to its proposed layer-2 network. Currently, there are millions of memecoins in the cryptocurrency market. Allowing developers to launch memecoins on Bitcoin, the world’s most liquid and secure blockchain, could see Bitcoin Pepe’s adoption grow tremendously in the coming months and years. 

Investors can buy $BPEP via the Bitcoin Pepe website. Accepted modes of payment include ETH, USDT, USDC, BNB, and SOL. Once the presale concludes, $BPEP will list on various cryptocurrency exchanges. $BPEP going live on centralised cryptocurrency exchanges could also see its value soar higher in the short and medium terms. 

Want to buy the $BPEP token now? Visit the official website today.

The post BTC fails to hit a new all-time high as Bitcoin Pepe’s presale tops $10.7m appeared first on CoinJournal.

Veröffentlicht am

pSTAKE Finance explodes 117% as Bitcoin rebounds to $107k

  • pSTAKE Finance price spiked 117% in 24 hours as Bitcoin hit $107k.
  • The Bitcoin finance liquid staking token looks poised for a potential pullback.
  • If bulls hold onto gains, a breakout above $0.08 could bring major levels into play.

pSTAKE Finance price soared by more than 117% as Bitcoin surged to above $107,000 and on the cusp of a new all-time high.

The liquid staking protocol’s native token skyrocketed by 117% to hit highs of $0.072. It’s a peak last seen in December 2024.

As the altcoin captured the attention of traders, profit-taking deals ate into the upside action.

PSTAKE traded around $0.060, up more than 64% in the past 24 hours.

Why is pSTAKE Finance price up?

pSTAKE Finance’s 117% surge coincided with Bitcoin’s climb to $107k, a rebound that came after bears pulled prices to near $102k amid a volatile start to the week.

This uptick for BTC meant several coins linked to the crypto king rose.

As a leading Bitcoin yield and liquid staking protocol, pSTAKE mirrored Bitcoin’s momentum.

Heightened interest in investment products underpinned by BTC could be the reason the Bitcoin-focused DeFi (BTCfi) platform pSTAKE Finance rallied.

The protocol’s ability to allow users to stake Bitcoin while maintaining liquidity aligns perfectly with the current BTCfi narrative, amplified by Bitcoin’s bullish momentum.

Additionally, pSTAKE’s integration with top blockchain networks has helped drive growth.

Most recently, the protocol has rolled out PSTAKE staking Season 13, which went live on Base on May 20, 2025.

“S13 has 0.0075 $cbBTC rewards with 8.5/12.5M max cap tokens staked,” pSTAKE posted on X.“Stake and participate in protocol community activities to get $cbBTC rewards.”

pSTAKE Finance price prediction

Sentiment is mostly bullish for PSTAKE. However, technical indicators and market dynamics may dictate overall direction.

The Relative Strength Index (RSI) stands at 91, indicating overbought conditions. It means a potential short-term price correction.

Also, the Moving Average Convergence Divergence (MACD) indicator supports this.

But while the MACD line remains above the signal line, bears breaking lower amid selling will be worth attention.

PSTAKE chart by TradingView

 

Given the overall market outlook, particularly with BTC rising, pSTAKE could test resistance at $0.10 and likely $0.2.

If it breaks this level, the next target will be $0.8 and the all-time peak of $1.25. DeFi adoption amid Bitcoin demand will be a key catalyst.

However, as the overbought RSI levels suggest, profit taking could accelerate a pullback.

Key support levels will be around $0.035 and $0.020.

The post pSTAKE Finance explodes 117% as Bitcoin rebounds to $107k appeared first on CoinJournal.