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Lately, there’s been some real excitement around XRP. The cryptocurrency’s price popped over 12% since yesterday, and people are talking. Naturally, this sparked all kinds of speculations about how high it can go, with the current price standing at $2.74. Ali Martinez, a well-known crypto analyst, shared two interesting posts on X accompanied by charts. He believes that XRP’s potential for a price surge towards $3 hinges on maintaining a price above the $2.30 level. Today, he shared a chart , showing that XRP is demonstrating a rebound from its channel’s lower boundary, gaining upward momentum toward the $3 price target which may happen in the near future. Related: XRP Price “Ready to Roll”? Analyst’s Chart Sparks Debate Over $15 Target It’s hard to say whether that will be tomorrow, but some analysts believe a more realistic scenario for XRP is to be between $2.7 and $2.85 on February 15. Driven by increased institutional adoption and favorable regulatory developments, some forecasts are even more optimistic when it comes to a long-term price, with expectations that XRP could reach between $5 to $7 in the first half of 2025. Once again, it’s difficult to assess the chances of this happening, but those “less” optimistic analysts do believe that XRP might reach around $4 in April. The main reason why XRP has been mentioned a lot in the crypto world in the last 24 hours is due to the US Securities and Exchange Commission (SEC) acknowledging filings from Grayscale (a crypto asset management company) to convert its XRP Trust into a spot exchange-traded fund (ETF). This acknowledgment is viewed as a significant step toward potential approval, signaling increased institutional acceptance of XRP. In addition, despite recent economic data indicating higher-than-expected inflation, XRP has demonstrated resilience, posting gains alongside other major cryptocurrencies. This performance suggests sustained investor confidence in XRP’s prospects. Putting it all together, recent events—the SEC looking at XRP ETF proposals and XRP’s strong market showing— add up to a positive picture for the cryptocurrency. Related: Ripple CEO: XRP ETF Approval “Inevitable” – Analyzing Potential XRP Price Reaction Remember though, crypto markets swing wildly. While things look good now, investors should be careful and remember the risks. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Cardano (ADA)’s price dramatically jumped after asset management firm Grayscale filed for a spot ADA ETF in the United States. The move underscores rising institutional demand for digital assets, with analysts backing more adoption. Cardano has attracted developers and users recently but has been swarmed by the general poor market sentiment. Down 36% from its Dec 2024 high, bulls turn to recent developments to fuel a comeback. ADA Price Notches Major Uptick Hours after the spot ADA ETF application, Cardano’s price jumped 11%, a step higher than that of Bitcoin and Ethereum. This spike attracted larger trading activity-based bulls set sight above $1. The crypto downtrend soon clouded ADA price movements, but initial sparks changed the direction and saw whale numbers. Trader Ali Martinez wrote on X that the asset is on a breakout and moving toward $0.83 if positive sentiments remain. Similarly, large holders increased ADA purchases, backing a long-term recovery. The frenzy recorded by the community is due to the success of Bitcoin ETFs in the United States. These funds attract large players of crypto assets, maximizing the new investment window. Citing BTC price surge to multiple all-time highs, ADA bulls set sights on a price run to new levels not recorded in years. Digital asset enthusiast Lord Crypto wrote; “The list of ETF applications keeps getting longer, now @Cardano / $ADA is on that list. Depending on who you ask, this is either a chain that’s ahead of its time or it’s one that nobody wants to build on. But here’s what I think. The fact that GrayScale thought them worthy of a spot ETF means that they see something bullish with $ADA.” CME Listing Dampens ETF Hopes While Grayscale’s application ignited positive reactions, the fund’s chances of approval might not be as high as expected. Many analysts flagged the fact fact that the CME hasn’t listed ADA futures which quelled fears of price manipulation in previous products. This argument was used to push towards spot BTC and ETH ETFs. However, a cross-section of policy watchers fancy the prospect of a faster approval as the US regulatory landscape turns pro-crypto in line with President Trump’s plan. The country has launched a crypto task force to help clear industry rules that will drive innovation in the space. This marks a shift from the previous administration’s “war” on digital assets.

TL;DR Grayscale’s Cardano ETF filing boosts confidence, with analysts eyeing targets of over $3 for ADA’s valuation if approved. Whales have accumulated 1.4 billion ADA since November 2023, reducing supply and potentially contributing to a 110% price increase since then. Where Next for ADA? Cardano’s native token is among the very few leading altcoins charting some gains on a weekly scale. It currently trades at around $0.79, or a 5% increase for that period. ADA Price, Source: CoinGecko The resurgence is a consequence of several factors, perhaps the most important of which is Grayscale’s move. As CryptoPotato reported earlier this week, the largest digital asset manager filed for a Cardano exchange-traded fund (ETF) with the New York Stock Exchange. The product (if it receives the necessary green light) will provide investors with a regulated and accessible way to gain exposure to ADA without needing to hold the asset directly. This could have a beneficial effect on the price in the long term. Many analysts on crypto X support that thesis. The one using the moniker Max Brown suggested that the potential approval of the investment vehicle could come soon and fuel a rally to $3 and even higher. Ali Martinez and Carl Moon also chipped in, albeit making less bullish predictions. The former thinks ADA “is breaking out,” envisioning a spike toward $0.83 “if momentum holds.” Carl Moon believes the price could soar to $1.23 if it breaks a particular “falling wedge” formed in the last two months. As observed on the chart, ADA needs to surpass $0.81 for this potential surge to happen. Those willing to explore additional price forecasts can take a look at our dedicated article here. The Whales’ Activity Another element that could influence ADA’s resurgence is the actions of large investors, known as whales. Crypto analytics platform Santiment recently revealed that those holding at least 1 million tokens have been consistently accumulating since late November 2023. They purchased over 1.4 billion ADA and 2.35% of the entire supply during this period. The coin’s price has risen by over 110% since whales restarted the buying spree. This shouldn’t come as surprise since these actions reduce the circulating supply of the asset and could make it more valuable (assuming demand remains constant or increases). Additionally, purchases from whales often signal confidence in ADA, leading other investors to follow their example. The post Top Cardano (ADA) Price Predictions as of Late appeared first on CryptoPotato.

Shiba Inu TD Sequential has just flipped the buy signal for the SHIB price action. SHIB is trading below its 20-day EMA and has crashed a massive 5.15% in 24 hours. SHIB whale transactions soared to the weekly high of 115 transactions. Shiba Inu (SHIB) is starting to hint at a potential rebound after a long downtrend. Good news is, key technical indicators and whale activity suggest the mood is shifting in the market as the altcoin trades at $0.00001556 right now, having dipped 5.15% in the last day, CoinMarketCap data confirms. Buy Signal Flashing for SHIB? Analyst Weighs In Crypto analyst Ali Martinez highlighted a bullish signal on SHIB’s weekly chart, sharing a weekly chart in a post on X (formerly Twitter). The TD Sequential indicator has flashed a buy signal, which historically means a reversal or at least a short-term price recovery could be coming. SHIB has been heading south for the past few weeks, and this indicator suggests that selling pressure might be easing, which could clear the way for a potential recovery. Related: Dogecoin (DOGE) Price: Analyst Eyes $4 on Bullish Chart Whale Wallets Stirring Up SHIB Market On the o… The post SHIB Eyes Rebound: Technical Indicators and Whales Signal Buy appeared first on Coin Edition.

Ripple’s XRP is one of the top performers across the cryptocurrency market in 2025. XRP gained by 44% into the year, with its market capitalization surging to $191 billion. At press time, the third-largest crypto traded at $2.47. XRP’s gains come from growing market interest, on-chain activity, and rising usage of the XRP Ledger. XRP’s On-chain Activity Surges to Record Highs According to CryptoQuant’s head of research, Julio Moreno, XRP has recorded a significant increase in on-chain activity, fueling the bullish momentum. In an interview with Unchained, Moreno stated that the number of daily active wallet addresses for the XRP coins increased by 900% within the second half of 2024. By the end of the year, these addresses had surged to more than 100,000. The XRPL decentralized exchange (DEX) has also recorded similar growth. Per CryptoQuant data, liquidity on the platform has surged four-fold in under three months to $20 billion. One of the factors that could be driving this growth is the rise of Ripple meme coins. For instance, PHNIX, a meme coin created on the XRP Ledger, has gained by more than 155% in just one week. The rising usage of the XRPL platform creates a positive outlook about XRP’s long-term performance. This growth is also boosting utility and demand for XRP. Retail Interest is also Driving XRP’s Price Retail interest around XRP has also increased significantly as the price struggled to approach an all-time high. Most of these volumes came from an uptick in buying activity. The Relative Strength Index (RSI) on XRP’s one-day chart has risen gradually to 76, indicating that it was close to reaching overbought levels. The Chaikin Money Flow (CMF) also shows a similar outlook after rising to 0.31, which indicates intense buying pressure. The rising CMF shows high demand for XRP as more traders accumulate the asset. (Source: Tradingview) Besides retail, large holders are also in an accumulation phase. Per Moreno, XRP whale addresses conducting transactions exceeding 1M XRP tokens are currently dominating exchanges. Moreover, XRP whales have purchased 1.09 billion XRP tokens, per analyst Ali Charts, in just one week. Continuing this purchasing behavior could see the coin hit fresh record highs.