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XRP’s network activity explodes to a record-high

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After an extended bout with volatility, XRP’s network activity has hit an all-time high, a milestone likely to impact the asset’s price as it seeks to reclaim the $2 resistance level. The network has reached a record-breaking 6.26 million addresses holding 1 XRP or more, according to April 9 data from cryptocurrency on-chain analytics platform Glassnode. This data suggests that retail investors are increasingly betting on XRP, likely drawn by the asset’s affordability and optimism around future gains. XRP addresses with a balance of at least $1. Source: Glassnode XRP activity recovering from Q1 lows  Notably, this uptick in participation comes after the XRP saw subdued activity in the first quarter of 2025 when the cryptocurrency received a major boost on the regulatory front as the Securities and Exchange Commission (SEC) moved to end the Ripple case. According to the Finbold Q1 2025 Cryptocurrency Market Report, the total number of XRP addresses surg...

Why is Ethereum (ETH) Surging by 8% Today?

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The entire cryptocurrency market was slowly recovering. But, Ethereum (ETH) was seen outshining its counterparts. Earlier today, ETH was trading at $2,426 but it went on to rise to a high of $2,711. The asset added 10% gains over the past 24 hours. At press time, the altcoin was trading at $2,630 with a 6% surge throughout the last couple of hours. Source According to Coinglass data, open interest has increased by 15%. Meanwhile, volume has increased by 5% over the past 24 hours. This shows that investors are becoming more optimistic about Ethereum’s future. The latest spike in price and investor confidence comes after several analysts pointed out how ETH wasn’t living up to expectations in the current market. Also Read: Solana: ETF Approval Drives SOL to $160 as it Outperforms Ethereum Ethereum Turns Inflationary In 2024, the Ethereum network experienced inflation for the first time since 2022. Despite burning 465,657 ETH since the year began, the network has increased its supply...

Cardano Price Forecast – Is ADA Preparing for a Move Toward $1?

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Cardano’s ADA token continues to navigate the current market downturn, with recent developments giving investors hope that it could see a pump in the long term.  But how high can ADA really go?  ADA Price Action ADA currently trades at $0.3513, marking an uptrend of 0.46% in the past 24 hours. ADA has outperformed the broader market , which is down by 1% in the same period.  However, ADA’s price has failed to break through any of its top moving average (MA) indicators despite the 24-hour increase. It trails every major metric, ranging from the 10-day MA of $0.3522 to the 200-day MA of $0.3530.   ADA’s moving average convergence divergence (MACD) is negative. However, the crypto asset’s reactive strength index (RSI) of 40.48 shows that it is approaching the oversold region, making it perfect for long-term investors.  Buy ADA on eToro Vasil Hard Fork Gives Hope for Long-Term Gains  ADA has some impressive fundamenta...