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Fundstrat’s Tom Lee Reveals Why Investors Left Ethereum For Solana – Details

bitcoinist.com - 31 мин. 10 сек. назад

Tom Lee, veteran trading analyst, Fundstrat co‑founder, and the strategist behind BitMine’s Ethereum treasury strategy, is once again championing Ethereum. 

During an interview with Mario Nawfal on X, Lee acknowledged how the broader crypto community appeared to abandon Ethereum in favor of faster alternatives like Solana and Sui. However, institutional investors, particularly Wall Street players, value something far more important, which only Ethereum can provide.

Retail Chases Speed, Wall Street Favors Reliability

In the interview, Lee challenges the belief that blockchain networks must prioritize transaction speed above all. Rather, he argues that institutional investors, particularly Wall Street investors, place much greater value on uptime and reliability, qualities that Ethereum has despite being slower at its base layer.

Lee said that retail investors abandoned Ethereum because they thought faster was better, leading them toward high-throughput networks like Solana and Sui with seemingly superior economics. But according to him, Wall Street thinks differently. Institutions prioritize “100 % uptime,” because they can always deploy on layer‑2 solutions to compensate for Ethereum’s base-layer speed limitations. 

Interestingly, Lee pointed to staking as another factor in which Ethereum is better than its counterparts. According to Lee, staking isn’t just about yield, but it’s about influence. “If Goldman stakes enough ETH, they have a positive voice on the Ethereum itself and how they upgrade,” he said. In short, institutional stakeholders like Goldman Sachs would care more about influencing Ethereum through staking, but this is not a weakness.

Lee noted that many veteran investors he recently spoke with still see Ethereum as underperforming, not because of any technological shortcomings, but because its price consistently lagged behind Bitcoin for months. However, this perception is now beginning to shift with Ethereum’s price action since July. 

After Ethereum broke past $4,800, the strength in price is improving confidence among crypto investors, and this momentum could set the stage for much larger growth for its price action in the near future.

Ethereum Price Action

Ethereum indeed has been on a remarkable upward arc since July. In late August 2025, the Ethereum price smashed through its previous all‑time high and traded above $4,880 for the first time since 2021, before finally peaking at $4,946. This, in turn, saw the Ethereum total market cap almost hitting the $600 billion mark

The rally wasn’t just price action. It echoed structural shifts in the institutional inflow dynamics into large cryptocurrencies, especially as seen in the performance of Spot Ethereum ETFs compared to Bitcoin.

Although Ethereum has since entered into a correction path down to the $4,400 level, the sentiment surrounding Ethereum is still bullish. Analysts have raised year‑end forecasts of Ethereum from between $6,000 and $12,000, based on increased institutional engagement and a positive influence from the US Genius Act. At the time of writing, Ethereum is trading at $4,390, up by 1.1% in the past 24 hours.

Featured image from Unsplash, chart from TradingView

XRP Ledger Records New $131.6 Million All-Time High In This Major Market

bitcoinist.com - 1 час 30 мин. назад

The XRP Ledger (XRPL) has recorded a new milestone in the world of tokenized assets. In the second quarter of 2025, its market capitalization for real-world assets (RWA) reached a record high. A recent industry report indicates that XRPL adoption is increasing rapidly as more assets launch on the network.

XRPL Closes Q2 With $131.6 Million RWA Market Cap

According to Messari’s State of XRP Ledger Q2 2025 Report, the XRP Ledger ended the second quarter of 2025 with a record $131.6 million market cap in real-world assets (RWA). It is the highest number ever recorded on XRPL in this sector. Messari linked this growth to a wave of new issuances first announced at the XRPL Apex event in Singapore in June 2025, which drew global attention.

Messari also notes that in March 2025, RWA.XYZ, a platform for tracking tokenized assets, has integrated with XRPL, making it easier for users to access key information about real-world assets on the ledger. The report confirmed that since the integration, 13 RWAs are live on RWA.XYZ, with more assets likely to follow.

The record market cap shows that XRPL is not only expanding in numbers but also in usefulness. According to the report, real-world assets issuances on XRPL could be evolving into a functioning and valuable market. 

Report Cites Expanding RWA Issuances Driving Adoption

One of the most notable is Ondo’s OUSG tokenized treasury fund. According to the report, this product combines the efficiency and transparency of the XRPL with the stability of U.S. Treasury securities. It has become a standout example of how blockchain can support safer and more stable investment options for both institutional and retail investors.

Another highlight in the Messari report was Guggenheim’s issuance of digital commercial paper on the XRPL. By tokenizing short-term debt, Guggenheim is using XRPL’s speed, low fees, and final settlement features. 

Another development noted in the report was the launch of Ctrl Alt’s tokenized real estate offerings, which allow investors to buy small pieces of property ownership on XRPL. Instead of needing a large amount of money to buy a whole property, people can now own fractions of high-value buildings.

These developments, cited in the Messari report, show how adoption of the XRP Ledger is steadily rising in the real-world assets market. It positions it as a bridge between traditional finance and the blockchain, where high-profile XRPL RWA issuances validate its growing role in the $50 trillion global RWA market.

The record RWA market cap of $131.6 million further points to XRPL’s growing strength in bringing liquidity, easier access, and greater transparency to markets that were once difficult to reach, including real estate and other traditional assets. With this momentum, the XRP Ledger closes the second quarter of 2025 with a new multi-million all-time high and a stronger foundation for the future of tokenized finance.

Strategy Investors Pull Back Class Action Suit Over Bitcoin Accounting Revision – Details

bitcoinist.com - 2 часа 31 мин. назад

Investors in the prominent Bitcoin treasury company Strategy Inc. have withdrawn a proposed class action lawsuit that accused the company and its executives of misleading shareholders about the risks tied to its Bitcoin-focused investment approach and a recent accounting rule change.

The Case Against Strategy

Bitcoinist has reported that plaintiffs led by Anas Hamza filed a class action suit in the US District Court for the Eastern District of Virginia, against Strategy Inc., co-founder Michael J. Saylor, Chief Executive Officer Phong Le, and Chief Financial Officer Andrew Kang as defendants. The case filed by Pomerantz LLP claimed violations of federal securities laws, specifically Section 10(b) with Rule 10b-5 thereunder, and Section 20(a) of the Securities Exchange Act of 1934. In particular, the complaint claimed that Strategy downplayed the financial risks of its aggressive Bitcoin accumulation strategy while also failing to share proper information on the expected profitability of this crypto investment. The lawsuit also argued that executives failed to adequately disclose the potential impact of adopting Accounting Standards Update (ASU) No. 2023-08, which requires companies to mark crypto assets at fair market value and report fluctuations directly in earnings.

Plaintiffs Voluntarily Dismiss Claims

Interestingly, in a Bloomberg Law report on Friday, the lead plaintiffs and a shareholder have now voluntarily dismissed their claims against Strategy Inc. and its executives in a joint agreement. Notably, the dismissal applies with prejudice to the named plaintiffs, i.e., meaning they cannot refile the same claims, though this law does not extend to potential absent class members.

The lawsuit, covering a class period from April 30, 2024, to April 4, 2025, had sought unspecified damages, legal fees, and other relief. However, the plaintiffs’ decision to step back brings the case to a close without a trial or settlement. In earlier filings, Strategy stated it intended to “vigorously defend” itself against the allegations and maintained that its disclosures about Bitcoin-related risks and accounting practices were accurate and complete. 

With the voluntary dismissal, the company avoids what could have been a prolonged legal battle for the leading Bitcoin treasury holder. Strategy had recently made another Bitcoin bulk financing through another stock sale. The Saylor-led company reportedly issued shares worth $359 million in new shares, using the proceeds from which to buy 3,081.

At the time of writing, Strategy’s Bitcoin holdings stand at 632,457 and are valued at around $68.5 billion. Meanwhile, MSTR trades at $334.41, a price loss of 4.43% and 10.23%, in the last one and five days, respectively.

Real Vision CEO Raoul Pal Calls ‘Full Port’ Into XRP, Ethereum

bitcoinist.com - 3 часа 31 мин. назад

Market expert Raoul Pal has commented on the possibility of an altcoin season using what he described as the ‘Crypto Waiting Room.’ He claimed that many altcoins are preparing for a parabolic rally, led by Ethereum, SOL, and XRP. 

Ethereum is Already On A “Full Port” While XRP Is In The Process

In an X post, Raoul Pal stated that Ethereum is already on a “full port,” indicating that the altcoin is poised for a parabolic rally. He also shared an ETH chart, which showed that it had already broken out of a long-term consolidation. The market expert also highlighted XRP as one of the altcoins set to witness a massive breakout, similar to ETH, stating it is in the process of “full porting.”

Pal shared an XRP chart, in which he pointed out the altcoin’s long-term consolidation at different periods before it recorded a massive rally to the upside. The latest of them was the move at the beginning of the year, when the altcoin reached its previous all-time high (ATH) at the time. 

Meanwhile, the market expert also identified other altcoins besides XRP that he expects to witness a significant rally, just like Ethereum. He noted that these coins are in the waiting room and are getting ready to launch. Pal declared that Solana will be the next to leave the waiting room after ETH. 

Once that happens, he predicts that SUI, which is also currently in the waiting room, will follow Solana next with a parabolic rally of its own. Meanwhile, the market expert said that Dogecoin will full port when the others outside the top 10 are full porting. Pal claimed that the coins outside the top 10 (OTHERS) are still in the waiting room but will take longer to launch. He described their projected rally as the “purest form of altcoin season.”

A “Bullish Backdrop” For Crypto

Raoul Pal expects a rise in total global liquidity as the U.S., E.U., China, and Japan all need to roll over their debts. He described this as an “absurdly bullish backdrop” for Ethereum, XRP, and these other altcoins. He also highlighted crypto treasury companies and sovereign accumulation, along with Wall Street, as bullish catalysts for the imminent rally among altcoins.

However, the market expert remarked that market participants need to learn patience as even though the path is clear, they can never expect “tick for tick perfection.” He added that it is the pattern that counts.

Best Crypto to Buy Now as ETH Spot ETFs Record $13.7B in Inflows

bitcoinist.com - 4 часа 22 мин. назад

Ethereum spot ETF inflows are surging amidst a week of aggressive institutional buying.

In August alone, inflows have jumped 44%, now totaling $13.7B. On August 11th, in particular, $ETH recorded its highest-ever single-day inflow: over $1B.

Most of this demand is coming from companies and institutions hoarding $ETH as bullish pressure continues to build.

Considering $ETH has already surged more than 80% in the past two months, now trading around $4,378, the real question is: are big-money players simply chasing price, or do they know something we don’t?

Is $ETH becoming the next $BTC? Read on as we break down why Ethereum’s growth is accelerating.

Plus, we’ll reveal the 3 best cryptos to buy now to ride the upcoming ‘digital silver’ bull run.

What Is Driving Ethereum’s Growth?

Several key factors are fueling ETH’s growth, one of the most important being the GENIUS Act.

It seeks to regulate the issuance and governance of dollar-pegged stablecoins, bringing much-needed clarity and legal context to the broader cryptocurrency markets.

Another major driver is the 401(k) amendment, which now allows cryptocurrencies to be included as an investment option in retirement funds.

This is a huge positive for $ETH, as it opens the doors for both institutional and retail investors to adopt it as a diversification tool.

On the technical side, Ethereum’s upgrade roadmap continues to make the network more accessible and utility-driven.

The recent Pectra upgrade bundled 11 EIPs to improve speed and usability. It also raised the validator staking limit from 32 $ETH to 2,048 $ETH, enabling smoother management along with faster rewards and exits.

Even better? $ETH has more upgrades on the horizon.

  • Fusaka (expected in November 2025) will focus on faster block times and infrastructure refinements.
  • Glamsterdam (2026) aims at broader performance enhancements.

These continuous updates will ensure Ethereum maintains its position at the forefront of DeFi and Web3.

If you’re building a crypto portfolio, there couldn’t be a better time. With $ETH looking strong on both fundamental and technical fronts, a sharp rise could trigger a wider crypto bull run.

Here are 3 top altcoins you can buy now to make the most of this opportunity.

1. Bitcoin Hyper ($HYPER) – The First Layer 2 Solution for Bitcoin With Better Speed and Scalability

Bitcoin Hyper ($HYPER) is transforming the Bitcoin blockchain by adding Layer 2 features and compatibility to an otherwise ‘old school’ network.

While Bitcoin is often referred to as the ‘digital gold’ of the modern era, it still lags behind the likes of Solana and Ethereum in the Web3 and DeFi space. That’s exactly what $HYPER aims to change.

Through its Solana Virtual Machine (SVM) integration, $HYPER brings Solana-like speed and scalability to Bitcoin.

Currently, the Bitcoin blockchain can process only 7 transactions per second, since it executes them one by one.

With SVM, however, multiple transactions can be processed simultaneously through parallel execution (as long as they aren’t inter-related). This drastically boosts throughput and ensures faster speeds.

On top of that, the SVM integration allows developers to run smart contracts and build dApps directly on the Bitcoin blockchain.

$HYPER also employs a decentralized canonical bridge, enabling users to swap their Layer 1 Bitcoin tokens for utility-driven Layer 2 Bitcoins on a 1:1 basis.

These L2 tokens can then be used to participate in DeFi, from staking and lending to DAOs, NFTs, gaming, and more.

This added utility is likely why the $HYPER presale has pulled in over $12.8M from early investors.

Currently priced at $0.012825, $HYPER is predicted to surge to $0.32 by the end of 2025 – a potential 2,400% gain.

If you want to hop on the $HYPER train, here’s a step-by-step guide on how to buy $HYPER.

Visit Bitcoin Hyper’s official website for more information.

2. Best Wallet Token ($BEST) – Powering the Best Non-Custodial, Multi-Chain Wallet

Best Wallet Token ($BEST) is the in-house cryptocurrency of Best Wallet, a non-custodial, multi-chain crypto wallet built with a security-first approach.

  • For starters, the wallet leverages Fireblocks’ MPC security tech for enhanced protection.
  • Plus, since it’s non-custodial, only you control the private keys, eliminating the risk of third-party interference.
  • On top of that, you can further strengthen security by enabling multi-factor authentication, including biometric login.

One standout feature of Best Wallet is its Presale Aggregator section, which lets you discover and buy the best crypto presales before they hit mainstream hype.

Convenience is another big plus. You don’t even need to leave the app to buy presale tokens. Everything can be done directly within the wallet, ensuring a seamless and secure experience.

Better yet, every token listed is pre-vetted by Best Wallet’s internal team to ensure you don’t fall victim to scams.

Looking ahead, Best Wallet aims to capture 40% of the non-custodial crypto wallet market share by 2027, and you can be part of this by buying $BEST.

Holding $BEST also unlocks early-bird access to presale cryptos, staking rewards (currently 87%), reduced trading and gas fees, and platform voting rights.

Currently, 1 $BEST token is priced at just $0.025555, and the presale has already surpassed $15.2M in funding.

Check out $BEST’s official website for more information.

3. Solana ($SOL) – Sixth-Largest Crypto With Rising Institutional Inflows

Alongside Ethereum, Solana ($SOL) has become one of the hottest cryptos attracting heavy institutional investment.

This month alone, firms like Bit Mining and DeFi Development Corp have scooped up 27K and 110K $SOL, respectively.

Meanwhile, Pantera Capital has announced plans to raise $1.25B to launch Solana Co., a $SOL-focused treasury company modeled after MicroStrategy’s Bitcoin strategy.

$SOL has surged more than 114% since early April and is now trading above the $200 mark.

Plus, sentiment is equally bullish on the ETF front.

Polymarket currently shows a staggering >99% chance of Solana ETF approval, while Bloomberg analyst James Seyffart puts the odds of seeing a live SOL ETF before the end of the year at 95%.

From a technical perspective, $SOL appears to be consolidating around $200.

A short-term dip toward $180 could act as a springboard, potentially sending the token above $250 in the coming weeks.

If you’re looking to add a trusted large-cap crypto with high upside potential to your portfolio, now may be the perfect time to buy $SOL.

Wrapping Up

With institutional buying and ETF inflows into $ETH on the rise, the token is inching closer to the $5K mark. So if you’re looking to build a crypto portfolio, now could be the perfect time.

You can start by picking up some Bitcoin Hyper ($HYPER), which adds a new layer of scalability, speed, and Web3 compatibility to the Bitcoin blockchain.

Then, consider stacking Best Wallet Token ($BEST), the driving force behind Best Wallet, which is a non-custodial wallet you can use to securely store, swap, buy, and sell cryptos.

Last but not least, adding some Solana ($SOL) could help diversify your portfolio and keep it relatively ‘safe,’ thanks to $SOL’s mainstream adoption, strong institutional inflows, and upcoming ETF momentum.

That said, crypto investments remain risky and are influenced by both micro- and macroeconomic factors. This article is not financial advice. Always do your own research before investing.

Tether Rescinds Decision To Halt Operations On 5 Blockchains

bitcoinist.com - 4 часа 31 мин. назад

Tether, the company behind the world’s largest stablecoin USDT, has discarded its plans to completely sunset USDT operations on five blockchains—Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand. The crypto company announced the initial plan to disable its stablecoin support on these legacy chains in July, citing a shift in its business strategy.

Tether justified this earlier decision with the claim of aligning its operations with the current shift in user behavior and increased focus on more scalable, actively developed blockchain networks. Also, the dwindling activity on some of these ecosystems was highlighted as one of the reasons behind freezing USDT operations.

At the time, Tether advised customers with their USDT holdings on Omni Layer, Algorand, and the other affected blockchains to redeem their stablecoins before the September 1, 2025, deadline. However, it appears that these users won’t need to do this anymore following the issuer’s latest decision.

What Did Tether Change In Its Plan?

In a media release on its website, Tether disclosed that investors with USDT holdings on the five legacy blockchains will no longer have to redeem their coins before the September 1 deadline. While these ecosystems will stop supporting the USDT issuance and redemption, the revised plan will now allow users to transfer their USDT stablecoins across other blockchains.

The media release read:

Following the feedback from the communities of these discontinued blockchains, Tether has revised this approach and will not freeze the smart contracts on these networks. While users will still be able to transfer the tokens between wallets, Tether will discontinue direct issuance and redemption on these blockchains. This means the tokens will no longer be officially supported as other Tether tokens.

According to the crypto company, this revised plan correlates with the broader strategy to expand support for crypto ecosystems with strong developer activity, scalability, and user demand. “Tether remains committed to a smooth transition and will continue to engage with the community to ensure transparency and clarity throughout this process,” the stablecoin issuer added.

Tron and Ethereum lead the blockchain pack in terms of USDT adoption, with $80.9 billion and $72.4 billion of the Tether stablecoins circulating in their ecosystems. Meanwhile, the BNB Chain boasts the third-largest USDT supply worth around $6.78 billion.

USDT Market Cap

As of this writing, the total market capitalization of Tether’s USDT stands at roughly $167.4 billion, according to data from CoinGecko. 

Investors Watch $SNORT as First UK Solana Treasury Is Announced

bitcoinist.com - 5 часов 10 мин. назад

DeFi Development announced the launch of DFDV UK, the very first Solana public treasury vehicle in the UK. The move is part of the company’s strategy to expand Solana treasury vehicles across the global market.

Joseph Onorati, CEO of DeFi Development, declared in the official press release:

DFDV UK is a milestone: the first Solana treasury vehicle in the United Kingdom and a proof point for our global expansion strategy. This launch underscores our commitment to growing Solana per share (SPS) and to supporting the Solana ecosystem globally.

—Joseph Onorati, Official Press Release

DeFi Development made the news two days ago when it bought 407,247 $SOL for a total investment of $77M. This acquisition increased the company’s $SOL reserves to 1,831,011 worth $371M in value.

As Solana treasuries increase in number, hype is building for $SOL and its ecosystem. And traders are watching new low-cap coins on presale based on Solana that might explode. Coins like Snorter Token ($SNORT), which is building the fastest and cheapest Telegram trading bot on Solana.

Solana Sees Increased Institutional Support

DeFi Development isn’t the first to create a $SOL treasury, as Upexi leads in the charts with over 2M $SOL.

That being said, only five companies have $SOL treasuries right now, which DeFi Development hopes to change soon. The company set a precedent after its $77M buy, while declaring that it still holds $40M for additional $SOL purchases.

Shortly after announcing the purchase, DFDV jumped almost 8% on Nasdaq, closing the 28th at $16.47.

On an even more important note, DFDV has been on a sustained rally for the past six months, with a growth rate of 2,812%. The recent announcement could push this number even higher, especially since DeFi has five more treasury vehicles in development.

Long-term, DeFi Development’s Solana strategy could set the crypto ecosystem for global expansion, which will trigger the $SOL bull. When that happens, all Solana-based ecosystems will experience sustained growth, Snorter Token being among the top contenders.

How Snorter Token ($SNORT) Turns Coin Hunting Profitable

Snorter Token ($SNORT) turns coin hunting profitable with the help of the Snorter Bot, your friendly Aardvark sniper trained in detecting and sniping hot tokens in milliseconds.

This Solana-based token collector operates from a Telegram chat, centralizing its activity in one hub to make things simpler and safer.

Thanks to its precision and quick reflexes, the Bot is more effective than even professional trading UIs like Raydium, Pump Fun, and Jupiter.

Snorter also comes with integrated scam detectors, which protect against suspicious projects, copy trading, so you can use other traders’ successful strategies, and an incorporated wallet.

Thanks to these perks, you no longer need to leave the Bot’s Telegram hub to set up your wallets or install a number of browser UIs to aid you in your coin hunt; the Bot does it all.

You only need to set up the Bot according to your trading strategy, kick back, and watch it work its magic.

The Snorter Token presale has raised over $3.5M with a token price of $0.1029 and it shows extensive growth potential.

Considering the project’s utility, our analysts’ price prediction for $SNORT is $0.94 by the end of 2025. Once Snorter Bot sees mainstream adoption and gains momentum, the token could push to $3.25 by 2030 for an ROI of 3,064%.

If you want to support Snorter Token, you can buy your way in right now by going to the presale page. Check out our ‘How to buy $SNORT’ guide if you need assistance.

Solana Could Push to $300 in the Next Alt Season

$SOL is trading at $202 right now, likely preparing to test its resistance point at $213. A successful breach could kickstart a rally to $300, which would hype up the entire crypto sphere.

If that happens, keep your eyes on Snorter Token ($SNORT) and consider buying your ticket in, given that the token is still at its presale price.

Don’t take this as financial advice. Do your own research (DYOR) and invest wisely.

Solana Spot ETF Nears Launch As Potential Issuers File Amended S-1 Forms With SEC

bitcoinist.com - 5 часов 30 мин. назад

Several leading asset managers are moving closer to launching a Solana Spot ETF following recent developments on Friday. Notably, multiple prospective issuers have now submitted amended S-1 registration statements to the US Securities and Exchange Commission, indicating an ongoing dialogue between both parties.

Solana Spot ETF Updated Filings Signal Approvals Likely

According to Bloomberg ETF analyst James Seyffart, Canary Capital/Marinade, Franklin Templeton, and VanEck were among the first to file updated forms on Friday afternoon. Additional potential issuers, including Grayscale, 21Shares, Bitwise, Fidelity, and CoinShares, also followed shortly.

Seyffart explains that these amended filings represent active dialogue and progress between the issuers and the regulator, which is often interpreted as a strong sign of impending approval. Fellow Bloomberg analyst Eric Balchunas emphasized this point, noting that the Solana Spot ETF issuer just filed 3rd amendments he describes as a “virtual lock” for an incoming approval.

Balchunas also highlighted a structural shift for Rex Shares’ Solana Spot ETF, which is converting from a C Corporation into a Registered Investment Company (RIC). This change, he explained, will eliminate tax inefficiencies and make the product more competitive within what is likely a “coming tsunami” of Solana Spot ETF launches. Aside from Solana, issuers of the XRP Spot ETF have also recently resubmitted their S-1 registration forms, raising expectations of progress with US securities regulators. Other altcoins that could soon see spot ETF products include Dogecoin, Cardano, Litecoin, Sei, and Avalanche, among others.

Approvals for these ETFs are anticipated to begin rolling out in October, which marks the final deadline for several pending applications. If these funds generate institutional demand on par with the Bitcoin and Ethereum spot ETFs, the broader altcoin market could be positioned for a significant price rally.

$180 Emerges As Crucial Support Zone For Solana

In other news, on-chain data from Glassnode has revealed the next significant price support in the Solana market. According to the cost distribution heat map, 18.56 million Solana (SOL), valued at nearly $4 billion, were accumulated around the $180 price level.

 

This cluster highlights $180 as a critical area of support, with a significant number of investors establishing positions at that range. Such large-scale accumulation often signals strong conviction from both institutional and retail participants, reinforcing the zone as a key battleground for price stability. At the time of writing, Solana trades at $204 following a 3.84% decline in the past day. However, weekly net gains stand at 3.63% after a positive outlier performance by the altcoin earlier in the week.

Best Altcoins to Buy Now as Ripple CEO Predicts $25T Crypto Market by 2030

bitcoinist.com - 5 часов 52 мин. назад

The total crypto market cap has grown by nearly 400% in the last three years, from $727B in October 2022 to a staggering $3.72T at the time of writing.

That kind of growth is unheard of in traditional stock market indices. But wait until you hear what Ripple CEO Brad Garlinghouse thinks is next for crypto.

Garlinghouse believes the crypto market could expand by another ~600% over the next five years, potentially reaching a $25T market cap by 2030.

Keep reading to discover why Ripple’s boss predicts such explosive growth for crypto, his insights on Ripple’s own token, $XRP, and how you can position yourself for this potentially outrageous rally by loading up on the best altcoins to buy now.

Why Fiat Instability Fuels the Case for Crypto

Garlinghouse cited the vulnerability of traditional fiat currencies as the biggest reason behind his extremely bullish crypto outlook.

He explained that macroeconomic pressures on fiat are all but certain to intensify in the coming years, which could push traditional currencies toward devaluation and long-term instability.

Amid such uncertainty, digital assets provide more than just hope; they’re built specifically to plug the holes in the global financial system, offering transparency, efficiency, and inflation-resistant store of value that fiat currencies simply can’t match.

XRP’s Role in Crypto’s Growth

As one of the biggest cryptocurrencies targeting the cross-border payments market, many believe $XRP could become one of the biggest success stories in the next few years.

Lord XRP, a crypto enthusiast with 77K+ X followers, explained that since XRP was designed to handle banking transactions (even in the range of 4-5 figures), Ripple is well on its way to becoming a ‘world bank.’

All in all, with prominent industry voices bullish on crypto’s long-term growth, everyday investors will fare extremely well if they simply exercise patience during slightly deeper consolidations like the one we’re seeing now.

In fact, now’s the perfect time to beef up your crypto portfolio with low-cap, high-upside tokens that are well-positioned to ride the upcoming boom.

1. Snorter Token ($SNORT) – Powering a Telegram Trading Bot for Meme Coin Sniping

Snorter Token ($SNORT) is one of the best cryptos to buy now for those looking to ride the explosive growth of the meme coin market.

While altcoins continue to dominate crypto discussions, the meme coin segment alone has grown by more than 70% in the past year, proving there’s so much more juice in it than many realize.

$SNORT powers the Snorter Bot, a new Telegram-native trading bot designed to level the playing field between institutional players and everyday meme coin traders.

How? By allowing retail investors to set buy/sell orders in advance, and then automatically executing them the moment liquidity kicks in.

As a result, you’ll finally get the chance to participate in those early meme coin pumps, where life-changing gains are usually made.

Security is another standout. Snorter offers protection against a wide range of on-chain threats, including front-running, rug pulls, honeypots, and even advanced sandwich attacks.

By buying $SNORT, you’re positioning yourself to ride the adoption of Snorter Bot while unlocking a slew of exclusive benefits along the way:

  • A potential 800% ROI by year-end, according to our $SNORT price prediction
  • Reduced trading fees: just 0.85% compared to 1.50% charged to non-holders
  • No daily sniping limits
  • Advanced analytics
  • Staking rewards, currently yielding 128%

Currently in presale, $SNORT has already pulled in over $3.55M from early investors, with each token available at just $0.1027.

Visit Snorter Token’s official website for more information.

2. Maxi Doge ($MAXI) – Community-Backed Meme Coin Aiming to Overtake Dogecoin

Maxi Doge ($MAXI) might not have a shiny whitepaper or game-changing technology, but its absurd mission to overthrow Dogecoin as the best meme coin on the planet has already gathered plenty of hype and community support.

The project has raised over $1.66M in early investor funding, proving that degen investors are hungry for a wild, rage-fueled meme coin.

What’s Maxi Doge, really? Believe it or not, Maxi is Dogecoin’s distant cousin. But the two are anything but close.

Dogecoin’s popularity left Maxi in the shadows growing up, as the elder, more ‘wholesome’ Shiba Inu hogged all the limelight at family gatherings.

That’s when Maxi found solace in the gym and in front of the charts, where he built big muscles and chased even bigger gains.

Now, backed by a fierce community of $MAXI holders who all subscribe to his mantra of ‘never skip leg day, never skip a pump’, the dawg is ready to take the market by storm.

In addition to allocating a chunky 40% of its total token supply to marketing, $MAXI will also host regular holder-only events, including weekly trading competitions and leaderboard prizes, all aimed at amplifying the noise around it.

Interested? Join the tribe by buying $MAXI at just $0.0002545 apiece. Hurry up, though, because the price will increase in just a few hours.

Check out Maxi Doge’s official website for more information.

3. Ethereum ($ETH) – Digital Silver Prepping for a Fresh Breakout

Ethereum ($ETH) has undoubtedly been the talk of the crypto town over the past two weeks, with whales pouring big money into the ‘digital silver.’

For instance, BlackRock recently snapped up more than $314M worth of Ethereum, while Goldman Sachs and Jane Street grabbed a combined 192.5K $ETH.

More notably, Thomas Lee, a significant voice in the crypto space, explained that while Wall Street once dismissed Ethereum for being slower than Solana or Sui, institutions are now betting big on it because of its ability to deliver 100% uptime – something non-negotiable for big-money players.

If ETH stays above $4,800, we could see a really big cycle,’ Lee added.

That prediction looks even stronger when you consider that a massive $4.65B worth of shorts would be liquidated if Ethereum retests its all-time high.

Although $ETH has been red all week, the drop isn’t as bad as it looks – because its weekly candle remains within last week’s range.

According to the technical playbook, this forms a classic ‘inside candle’ pattern, and a breakout here could trigger an explosive rally.

Wrapping Up

With Ripple’s CEO projecting a nearly tenfold increase in crypto’s valuation by 2030, the stage is set for promising altcoins like $SNORT, $MAXI, and $ETH to shine in the upcoming bull run.

That said, kindly bear in mind that crypto investments are highly risky. Also, none of the above is financial advice, and you must always do your own research before investing.

В России выпустили первый аграрный цифровой токен

bits.media/ - 5 часов 59 мин. назад
Сельскохозяйственный холдинг «Мелком» первым на российском рынке выпустил цифровой токен, эквивалентный 100 килограммам продовольственной пшеницы 3-го класса. Всего выпущено 340 000 таких виртуальных монет.

Доминирование USDT впервые с 2023 года опустилось ниже 60%

bits.media/ - 6 часов 30 мин. назад
Доминирование стейблкоина Tether (USDT) на рынке цифровых активов впервые с марта 2023 года упало ниже 60%, достигнув 59,45%, сообщает аналитическая платформа DeFiLlama.

Bitcoin OG Back To Buying Ethereum, Adds $108-M In ETH After 2-Day Pause

bitcoinist.com - 6 часов 31 мин. назад

Ethereum has been the undisputed leader of the crypto market in recent weeks, driving momentum both in price action and underlying fundamentals. From topping open interest charts to leading in whale accumulation and network activity, ETH has consistently set the tone for broader market sentiment. Its role as the engine of capital rotation from Bitcoin to altcoins has only reinforced this dominance, making Ethereum the asset to watch as the market enters a new stage.

However, the recent retrace has introduced caution. After surging to new highs, ETH has pulled back to test lower demand levels, sparking fear among traders who worry that momentum may be fading. Despite this, on-chain data suggests that the fundamentals remain firmly intact.

Key insights from Lookonchain reveal that the Bitcoin OG who recently purchased 641,508 ETH, worth $2.94 billion, is back in action. After a brief pause, this whale has resumed accumulation, signaling confidence in Ethereum’s long-term trajectory. For many, such aggressive buying serves as a counterweight to the short-term volatility, highlighting how large players continue to see opportunity even as prices waver.

OG Whale Buying As Ethereum Holds Key Levels

According to Lookonchain, following a two-day break, the whale deposited 1,000 BTC (worth $108.27 million) to Hyperliquid, converting it into ETH spot. This latest move reinforces the trend of aggressive whale accumulation, a factor that continues to support the bullish outlook for Ethereum even as price action shows signs of weakness.

The timing of this accumulation is particularly notable. Ethereum recently retraced sharply after reaching fresh highs, testing critical demand levels that have sparked concern among traders. Some analysts warn that ETH could be vulnerable if these zones fail to hold, with the broader market sentiment leaning bearish. However, the whale’s consistent purchases suggest that major players see the retrace as an opportunity rather than a reversal, adding weight to the argument that fundamentals remain strong.

In this context, the coming weeks will be decisive. If Ethereum manages to consolidate above support and push higher, it would confirm the continuation of the uptrend and validate the whale’s confidence-driven buying. Conversely, failure to hold demand zones could extend the correction. For now, the return of large-scale accumulation highlights that Ethereum’s long-term trajectory remains bullish despite short-term volatility.

ETH Tests Key Demand Level

Ethereum is trading near $4,370 after a 3% daily decline, cooling off from its recent push to highs above $4,750. The daily chart shows ETH consolidating after a steep rally that began in mid-July, when price broke out of a long consolidation phase near $2,700 and surged more than 70% in just a few weeks.

The retrace comes as ETH tests short-term demand. Price remains well above the 50-day moving average at $3,941, which is now serving as dynamic support. The 100-day ($3,244) and 200-day ($2,662) averages are trending upward, confirming that the broader market structure is still bullish. Holding above $4,200 is critical to maintain momentum, as this zone aligns with recent breakout levels and could provide a foundation for the next leg higher.

Resistance remains near $4,750–$4,800, where sellers stepped in during the last rally attempt. A decisive break above this zone would likely open the door to new all-time highs, while failure to hold above $4,200 could trigger a deeper pullback toward $3,900.

Featured image from Dall-E, chart from TradingView

Рублевый стейблкоин А7А5 перешел на новый смарт-контракт

bits.media/ - 7 часов 54 сек. назад
Команда проекта A7A5 заявила об успешном завершении процедур миграции на новый смарт-контракт после временной потери привязки стейблкоина к базовому активу.

Сообщество Tron одобрило снижение сетевой комиссии на 60%

bits.media/ - 7 часов 31 мин. назад
Сообщество Tron Super Representative одобрило снижение комиссии в сети Tron на 60%, заявил в своем блоге основатель Tron Джастин Сан (Justin Sun).

Bitcoin Whale Turns To Ethereum, Drives $3.5 Billion In Crypto Transactions

bitcoinist.com - 8 часов 31 мин. назад

Ethereum has been facing heightened volatility as the entire crypto market shifts into a new phase, one increasingly defined by capital rotation. For months, Bitcoin dominated the spotlight, with institutional flows and retail enthusiasm centered almost exclusively on the world’s largest cryptocurrency. Now, the tide is turning. Ethereum is emerging as the next major focus, with large amounts of capital moving from BTC into ETH.

This rotation signals a critical evolution in the cycle. Institutions and big players, who previously prioritized Bitcoin as their sole entry point, are beginning to diversify into Ethereum. Analysts note that this shift is not just about speculation, but also a recognition of Ethereum’s expanding role as the backbone of decentralized finance, NFTs, and enterprise-grade blockchain solutions.

Key data from Arkham highlights this trend with striking clarity. A whale holding more than $5 billion in Bitcoin has recently started accumulating Ethereum, marking one of the most notable cross-asset moves in recent months. The same entity, already a significant BTC holder, is now actively building a massive ETH position, reflecting growing confidence in Ethereum’s long-term trajectory.

Whale Accumulation Reinforces Ethereum Bullish Outlook

According to data from Arkham, one of the largest Bitcoin holders in the market has begun a major rotation into Ethereum, reinforcing confidence in ETH’s long-term trajectory. The whale, who controls more than $5 billion in BTC, just moved $1.1 billion worth of Bitcoin into a new wallet before starting to accumulate ETH through Hyperunit/HL. This move follows last week’s activity, when the same whale purchased an astonishing $2.5 billion worth of Ethereum — and the buying spree is far from over.

Such aggressive accumulation highlights the growing trend of capital rotation from Bitcoin into Ethereum. For months, institutions and whales largely concentrated on BTC exposure, but recent activity suggests Ethereum is becoming an equally compelling asset in their portfolios. The sheer scale of this whale’s moves underscores a strong conviction that ETH is undervalued relative to its potential.

This accumulation spree also reinforces the broader bullish outlook many analysts already have for Ethereum. With network fundamentals at all-time highs — from transaction activity to institutional adoption — ETH is seen as a cornerstone for the next stage of crypto growth.

The coming weeks will be crucial. If Ethereum can sustain momentum and push into new highs, the continued whale accumulation may serve as a catalyst for further price discovery, potentially positioning ETH above $5,000 and beyond.

ETH/BTC Shows Strength

Ethereum is showing significant strength against Bitcoin, with the ETH/BTC pair trading at 0.0402 after a sharp rally through the summer. The daily chart highlights a strong upward trend, breaking out of a year-long downtrend that had kept ETH under pressure relative to BTC. Since May, ETH has steadily climbed, moving from lows near 0.021 to current levels, effectively doubling its relative value against Bitcoin.

The breakout above the 50-day, 100-day, and 200-day moving averages has further confirmed the bullish momentum. These moving averages, now sitting well below the current price, are acting as layers of support and suggest that ETH is firmly in an uptrend. The steep rise also indicates a structural shift in market sentiment, with capital rotation from BTC into ETH becoming increasingly evident.

Currently, ETH/BTC faces resistance just below 0.042, where sellers are testing the strength of the rally. A successful breakout above this level could open the door toward the 0.045–0.046 zone, which was last tested in mid-2023. On the downside, holding 0.038 as support will be critical to maintain the bullish structure.

Featured image from Dall-E, chart from TradingView

The Flippening? Ethereum ETFs Attract $4 Billion This Month, While Bitcoin Products Struggle

bitcoinist.com - 10 часов 30 мин. назад

Ethereum (ETH) exchange-traded funds (ETFs) are set to close August 2025 with total net inflows exceeding $4 billion, significantly outpacing their Bitcoin (BTC) counterparts, which recorded more than $600 million in outflows during the same period.

Ethereum ETFs Outshine Bitcoin ETFs

According to data from SoSoValue, spot Ethereum ETFs have attracted $4.04 billion in net inflows so far this month. In contrast, spot Bitcoin ETFs saw $628 million in net outflows in August.

Among Ethereum-focused funds, BlackRock’s ETHA ETF leads the market with $16.88 billion in net assets as of August 28. Grayscale’s ETHE follows with $4.80 billion, while Fidelity’s FETH holds $3.56 billion. 

The total net assets tied in spot ETH ETFs currently stands slightly above $29.5 billion. This figure represents almost 5.5% of Ethereum’s total market cap.

On the Bitcoin side, BlackRock’s IBIT remains the leader with $83.8 billion in net assets, followed by Fidelity’s FBTC at $22.45 billion and Grayscale’s GBTC at $20.01 billion.

Although BTC ETFs still dominate in overall value, the latest data suggests the gap between Bitcoin and Ethereum investment products is narrowing. If the current momentum continues, August 2025 could mark the month when ETH ETFs outperformed BTC ETFs by their widest margin yet.

One of the major factors driving Ethereum ETF inflows is ETH’s growing appeal as a balance sheet asset. Corporate adoption of ETH has accelerated this year, bolstering confidence in its long-term role in institutional portfolios.

This year, several notable companies announced plans to add ETH to their balance sheets. For instance, SharpLink Gaming recently doubled down on its ETH bet, adding another 56,533 ETH to enhance its ETH reserves.

Similarly, ETHZilla – an Ethereum treasury company – recently increased its total ETH holdings to more than 102,000 ETH. Data from CoinGecko shows that, currently, BitMine is the leading publicly-listed company with the largest ETH reserves – holding over 1.7 million ETH.

Will ETH Surge Past $5,000?

Institutional sentiment toward ETH continues to strengthen. VanEck CEO Jan van Eck recently described ETH as “the Wall Street token,” highlighting its growing role in enabling stablecoin transfers across financial institutions.

Despite its recent rejection from close to $5,000, the overall demand for ETH remains vehemently strong. As a result, ETH reserves on exchange continue to dwindle at a rapid pace, which may lead to quick price appreciation for the digital asset in the near-term. At press time, ETH trades at $4,340, down 4% in the past 24 hours.

PetroChina Eyes Stablecoin Integration As Eric Trump Praises China’s Crypto Power

bitcoinist.com - 11 часов 30 мин. назад

Following the recent regulatory developments in Hong Kong, Asia’s largest oil and gas producer, PetroChina, is reportedly evaluating the adoption of stablecoins for cross-border payments.

PetroChina Considers Stablecoin Adoption

On Friday, local news media outlets reported that PetroChina, the listed arm of state-owned China National Petroleum Corporation (CNPC), will explore cross-border settlement and payments using stablecoins.

According to the reports, Wang Hua, Chief Financial Officer (CFO) and Board Secretary of PetroChina, disclosed during the half-year meeting that the company is closely monitoring the latest developments regarding the Hong Kong Monetary Authority’s (HKMA) Stablecoin Ordinance.

In May, Hong Kong’s Legislative Council officially passed the new Stablecoins Ordinance, directing any individual or entity seeking to issue a fiat-referenced stablecoin (FRS) in the jurisdiction, or any Hong Kong Dollar (HKD)-pegged token, to obtain a license from the HKMA.

The ordinance, enacted on August 1, aims to reinforce regulatory oversight on the digital assets industry, while fostering innovation and “responsible, sustainable” development. Under the new framework, licensed entities are allowed to offer FRS in Hong Kong. Meanwhile, retail investors can access the tokens issued only by these qualified institutions.

Hong Kong’s Financial Secretary, Paul Chan Mo-po, previously noted that stablecoins, “particularly when it is referenced to fiat currencies, (have) many use case scenarios,” including cross-border payments to enhance efficiency and reduce costs.

PetroChina will reportedly initiate a viability study on the use of stablecoins for cross-border settlement and payments, marking the Chinese energy giant’s entry into the digital assets landscape under Hong Kong’s new regulatory framework.

HK, China Crypto Landscape

As the report noted, Wang Hua didn’t disclose a specific timeline, only stating that the company would “closely monitor policy developments and build technical capabilities.” This could suggest that PetroChina’s stablecoin exploration remains in the research phase.

It’s worth noting that the HKMA established a six-month transition period and encouraged interested institutions to submit applications before September 30. Hong Kong’s Financial Secretary has stated that regulators received several applications from entities seeking to become qualified issuers.

Previous reports revealed that multiple companies have applied for the HKMA license ahead of the ordinance enactment, including logistics technology firm Reitar Logtech and the overseas arm of Chinese mainland financial technology giant Ant Group.

Meanwhile, e-commerce giant JD.com, through its fintech arm JD Coinlink, was testing HKD-pegged tokens under the regulator’s sandbox program earlier this year. Despite Hong Kong’s crypto push, authorities have warned about the excessive hype in the market and public opinion, raising concerns over a developing trend toward speculation as the market has become “overly enthusiastic.”

Similarly, Chinese regulators have allegedly instructed firms to halt promotions and research publications related to stablecoins amid concerns that the growing interest in the sector could enable the digital asset to be exploited as a new tool for fraudulent activities.

Nonetheless, Eric Trump, son of US President Donald Trump, recently highlighted China’s role in the crypto industry. At Bitcoin Asia 2025, the American businessman affirmed that the country is a “hell of a power” in the sector, adding that the US and China likely understood digital assets “better than anyone else in the world.”

“There’s no question that China is a hell of a power when it comes to this world,” Trump said, stating that he would love for President Trump and his Chinese counterpart, Xi Jinping, to talk about Bitcoin.

Are ETFs Taking Over Bitcoin Trading Volume? Data Says No

bitcoinist.com - 12 часов 30 мин. назад

On-chain data shows exchanges are still the main venue of Bitcoin trading, with Binance alone observing volume double that of the spot ETFs.

US Bitcoin Spot ETFs Still Account For Just 13% Of Trading Volume

In a new post on X, on-chain analytics firm CryptoQuant has talked about how the US spot exchange-traded funds (ETFs) compare to exchanges when it comes to Bitcoin trading volume.

Spot ETFs are investment vehicles that allow investors to gain exposure to BTC without having to own it. The ETFs trade on traditional platforms, so investors who aren’t familiar with the digital asset space can easily invest into the coin through them.

The spot ETFs are relatively new to the sector, having received approval from the US SEC at the start of last year. Before the ETFs, investors had to use cryptocurrency exchanges to buy BTC. Unlike with the ETFs, exchanges normally deposit actual tokens to a buyer’s wallet that they can then choose to withdraw into self-custody.

For many traditional investors, though, navigating cryptocurrency wallets and exchanges can feel daunting. ETFs provide a simpler, off-chain route into Bitcoin, making them a direct competitor to exchanges.

Since their inauguration, spot ETFs have quickly gained popularity, but one question arises: how do they stack up against the old exchanges? Below is a chart shared by CryptoQuant that puts into perspective the Bitcoin trading volume of the US spot ETFs compared to the major exchanges.

As displayed in the above graph, the Bitcoin spot ETFs have usually witnessed daily trading volume between $5 billion to $10 billion during the last few months. This is a notable value, but pales in comparison to what cryptocurrency exchanges witness.

Binance, the largest platform in the sector, alone observes up to $18 billion in volume on peak days. In terms of percentage of trading volume occupied since Donald Trump became US President, Binance leads the market with a share of 34.69%.

In contrast, the US spot ETFs only hold a Bitcoin volume dominance of 4.53%. Crypto.com (20.11%), Bybit (6.45%), and MEXC (4.62%) are all ahead of them. Based on the data, the analytics firm concludes, “exchanges remain the primary venue for trading.”

A similar picture appears when looking at the spot ETFs for Ethereum, which launched in the US in mid-2024.

From the above chart, it’s visible that Binance has made up for 29.07% of the total Ethereum trading volume, far ahead of the 13.08% figure of the US spot ETFs. That said, the gap here is closer than for Bitcoin.

BTC Price

Bitcoin has seen a plunge of around 3% over the past 24 hours that has taken its price to $108,500.

Bitcoin To Hit $1 Million? Eric Trump Shares Optimistic Outlook On Cryptocurrency

bitcoinist.com - 13 часов 30 мин. назад

At the Bitcoin Asia conference in Hong Kong, Eric Trump, the son of President Donald Trump, predicted that the market’s leading cryptocurrency, Bitcoin (BTC) could soar to $1 million within the next few years, which could represent a major 825% increase from current levels. 

Eric Trump Bullish On Bitcoin

As reported by Reuters earlier on Friday, during a panel discussion, Eric Trump emphasized China’s significant influence in the cryptocurrency sector, referring to the country as “a hell of a power” in driving crypto innovation.

Nevertheless, China still seems far from the US’s role in adopting cryptocurrencies, as the Asian country continues to face significant restrictions on operating digital assets. 

Despite these restrictions by regulators since 2021, Mainland China is reportedly exploring yuan-backed stablecoins to enhance its global usage. Meanwhile, Hong Kong has taken steps to establish itself as a digital asset hub, passing a stablecoin bill in May.

On the other hand, under President Trump’s leadership, the United States has proposed establishing a Bitcoin reserve and passing three key crypto bills, including the GENIUS Act, which could accelerate the use of dollar-pegged cryptocurrencies in everyday transactions.

This has significantly contributed to the broader market’s price surge with Bitcoin reaching a new record of $124,000 on August 14, and Ethereum (ETH) also reaching an all-time high (ATH) just below the $5,000 mark last weekend. 

Despite the cryptocurrency’s recent dip toward $108,000, Eric Trump confidently stated, “There’s no question Bitcoin hits $1 million,” citing strong institutional demand and the cryptocurrency’s limited supply as key factors supporting his optimism.

Crypto Talks Between Trump And Xi Jinping?

When asked if President Donald Trump and Chinese President Xi Jinping might soon discuss cryptocurrencies, Eric Trump suggested that both nations likely possess a deeper understanding of digital currencies than most other countries. 

He highlighted the support the Bitcoin community has shown for his father, expressing hope that such backing would yield significant returns for both the community and the Trump family.

In recent months, the Trump family has ventured into various cryptocurrency initiatives, including the launch of a decentralized finance (DeFi) platform, a stablecoin, a Bitcoin mining operation, and the applications of crypto-focused exchange-traded funds (ETFs). 

Notably, American Bitcoin, a new crypto miner founded in collaboration with Hut 8 and backed by Eric Trump and his brother, Donald Trump Jr., is preparing for a Nasdaq listing next month.

Reuters also reported that during the same conference, crypto exchange Binance founder and former CEO Changpeng Zhao (CZ) remarked that the US is setting a precedent for progressive regulations that could prompt other governments to take similar actions. 

Featured image from DALL-E, chart from TradingView.com 

ZachXBT Blasts Ripple Holders, Reveals Why He Does Not Assist/Support The XRP Community

bitcoinist.com - 14 часов 30 мин. назад

The crypto space is talking after blockchain investigator ZachXBT turned his attention to Ripple investors and the XRP community at large. In a series of direct posts, he stated that he does not support Ripple holders and even joked that he would mock anyone who sent him a private message. 

ZachXBT Calls XRP Holders “Exit Liquidity” For Insiders

In his posts, ZachXBT explained why he keeps his distance from the XRP community. “I do not currently assist the XRP community and will make fun of anyone who sends me a DM,” he wrote. He went further to say that Ripple holders are not worth supporting because they provide “nothing of value to the industry except exit liquidity for insiders.”

The on-chain detective also noted that the supply of XRP remains heavily controlled by insiders. In his view, this makes the token less attractive and prevents fair growth. He added that the community around XRP behaves more like a cult than a group trying to build real technology. According to him, Ripple holders focus too much on hype, price promotion, and defending their token, rather than driving innovation.

ZachXBT grouped XRP holders with other communities he sees as structurally weak. He says that they share the same problems: strong promotion, defensive attitudes, and little to no useful progress. Due to his reputation as a respected blockchain investigator, his comments drew attention, despite being divisive. Because he has exposed crypto scams and shady financial transactions, ZachXBT has gained influence over time, and his words now carry more weight.

On-Chain Detective Rejects MLM Chains And Community Shilling

ZachXBT also explained that his criticism goes beyond XRP alone. He said, “I discriminate against MLM chains,” comparing many projects in the market to pyramid schemes. In his view, these chains operate with little real utility but rely on hype, recruiting new buyers, and constant shilling by communities to keep the system alive.

He described a pattern of insider enrichment, where early insiders and influencers cash out with profits while late retail buyers are left holding losses. This setup, he argued, also suits the XRP community, as it is more about aggressive promotion than genuine innovation.

ZachXBT also discussed the behavior of these communities. He described their behavior as cult-like, with members becoming very defensive and spending more energy on pushing “numbers go up” rather than creating long-term value. In his opinion, this is one of the reasons why these projects do not advance the crypto industry.

ZachXBT’s comments may prompt the crypto space to reassess XRP, its community support, and whether the token’s future lies in real utility or is simply an asset used by insiders for profit. A fresh wave of verbal shrapnel could happen within the XRP community, as some agree with him while others defend Ripple’s token.

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