market cap

Crypto on the Edge: Pi Network, XRP, and Sui Set to Shake the Market This Week

April 27, 2025 RAYMOND 0

Cryptocurrency prices saw a significant rally last week, with Bitcoin breaking the $95,000 mark for the first time in over a month. This surge, alongside Solana meme coins reaching a $10 billion market cap, set the stage for key cryptos like Pi Network, XRP, and Sui to dominate the spotlight this week.

Sui, a leading layer-1 blockchain, saw its price surge to $3.80, driven by a rise in meme coin activity and a 60% increase in weekly DEX volume. However, a scheduled token unlock worth $120 million on Thursday could disrupt its momentum. Similarly, XRP is at a pivotal level, trading near its 50-day Exponential Moving Average, with the price needing to break a descending trendline to avoid a bearish outlook. Pi Network, currently in a phase of consolidation, could experience a breakout if it gets listed on a major exchange, such as HTX, fueling speculation about a major price jump.

XRP to $10,000? The Shocking Breakdown You Need to See!

March 30, 2025 RAYMOND 0

Crypto analyst Joshua Jake recently addressed the bold prediction that XRP could reach $10,000 per coin, dismissing it as unrealistic. He argued that factors like ETF approvals, institutional adoption, and TradFi involvement are unlikely to trigger such a surge, pointing to Bitcoin’s ETFs as proof that institutional interest alone cannot drive extreme price increases.

Jake also challenged the idea that market capitalization is irrelevant, emphasizing that at $10,000 per coin, XRP’s market cap would reach an impossible $1 quadrillion—far exceeding the total global wealth. He further debunked claims that banks would push XRP’s price that high, noting that financial institutions are more likely to develop their own blockchain solutions rather than give Ripple overwhelming control.

While acknowledging XRP’s potential, Jake urged investors to remain cautious, warning against falling for exaggerated price targets that could lead to disappointment.