A crypto analyst has shared insights into the recent strength in the XRP price, suggesting that South Korea may be the reason behind it. The analyst noted that the altcoin has been seeing high trading volume on South Korean exchanges, and this localized demand may be holding up its price while other altcoins struggle to gain traction.

The market is becoming more bearish, and Solana is close to a pivotal psychological level. The asset looks perilously close to dropping below the $100 mark, which has not been reached in several months, with prices currently circling $120.

Ripple has locked 700 million XRP tokens in escrow, as reported by Whale Alert on April 2. This move is part of Ripples ongoing strategy to manage the XRP supply, typically involving the release of one billion XRP each month.

XRP price soared 12% in two days, climbing to $2.12 as renewed buying pressure emerged. China's trade tariffs fueled a Bitcoin-led crypto rally.

PayPal Holdings announced two additional cryptocurrencies, Solana and Chainlink, will be added to Venmo and PayPal for users in the US. Users can now purchase, transfer, or sell these assets directly from their accounts.

XRP retail demand surges massively outshining Bitcoin's address growth.

PayPal's embrace of crypto is growing again, with the ability to buy, sell, hold, and transfer Solana and Chainlink coming soon.

Crypto analyst Egrag Crypto has provided a bullish outlook for the XRP price, predicting it could reach double digits in this market cycle. The analyst also revealed when exactly the cycle peak for XRP in this bull run could occur.

Despite the bearish momentum being experienced in the crypto market, XRP has remained steadfast above the psychological price of $2, thanks to strong on-chain metrics.

Crypto whales are offloading huge Solana (SOL) tokens as the aftermath of President Donald Trump's tariffs kicks in. This becomes a significant hurdle to most bulls' $250 short-term recovery to drive a larger uphill run.

XRP has remained a notable contender in the crypto market, being one of the few digital assets to have reached a new all-time high in the ongoing bull market cycle.

PayPal and Venmo users can now buy, hold, sell and transfer two more cryptocurrencies — Chainlink (LINK) and Solana (SOL) — directly in their accounts. Parent company PayPal Holdings said in a Friday (April 4) press release that it added these tokens in response to feedback from customers.

Ripple whales have been highly active in recent hours, transferring large amounts of XRP tokens between unknown wallets. In total, 267,857,140 XRP, which, at the time of writing, was approximately $572,238,240, was transferred.

Stablecoins are “in a bull market of their own,” even as smart contract platforms — including Ethereum and Solana — sputter amid the marketwide tumult, asset manager VanEck said in an April 3 monthly note.The diminished activity on smart contract platforms reflects cooling market sentiment in cryptocurrencies and beyond as traders brace for the impact of US President Donald Trump's sweeping tariff policies and a looming trade war. But stablecoin adoption — a key measure of Web3's overall health — continues apace.

PayPal announced plans to allow US users to buy, sell, and transfer Solana (SOL) and Chainlink (LINK) through its core platform and Venmo, marking the latest expansion in the payments giant's crypto offerings.

Solana has faced significant price corrections recently, erasing gains made in mid-March. The altcoin is currently trading at $116, reflecting a 19% loss over the past ten days.

During a recent interview with CNBC, Sturt Alderoty, chief legal officer at Ripple, named some of the key barriers to crypto adoption based on the results of a recent survey conducted by the National Cryptocurrency Association (NCA).

After staging one of the strongest rallies of the current bull market, XRP is now showing signs of a slowdown, with on-chain data revealing a sharp 65% drop in daily active addresses.

The cryptocurrency market showed notable resilience on April 4, 2025, as Bitcoin (BTC) bounced amid a broader dip for stocks and gold. Ethereum (ETH) and XRP also posted gains despite global macroeconomic pressures, particularly amid tariff jitters since US President Donald Trump's shocker earlier in the week.

Cryptocurrency markets are trading higher on Friday, despite stock markets continuing to sell off amid China's retaliatory tariffs. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $83,871.08 +2.2% Ethereum (CRYPTO: ETH) $1,806.68 +1.2% Solana (CRYPTO: SOL) $122.04 +5.7% XRP (CRYPTO: XRP) $2.12 +3.8% Dogecoin (CRYPTO: DOGE) $0.1705 +7.3% Shiba Inu (CRYPTO: SHIB) $0.00001226 +0.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 7.3% and daily active addresses growing by 6.5%.

Investment giant Grayscale is filing to rename its prospective Solana (SOL) exchange-traded fund (ETF) while removing staking from the trust. In a new S-1 Filing with the U.S. Securities and Exchange Commission (SEC), Grayscale says it intends to rename its previously filed trust, Grayscale Solana Trust, to Grayscale Solana Trust ETF.

This week in crypto, a lot happened across different ecosystems, despite the broader market's prevailing bearish sentiment. Besides Bitcoin's (BTC) drop to a 7-day low of $81,400, here are this week's biggest updates.

Ripple has launched a pilot project that will see its stablecoin, Ripple USD, used for drought relief in Kenya. The announcement comes just days after Ripple integrated the Ripple USD (RLUSD) stablecoin in its payments solution.

Bitcoin (BTC) price has managed to stay above the $80,000 level as volatility wrecked US stock markets on April 3 and April 4. The failure of the bears to capitalize on the opportunity shows a lack of selling at lower levels.Risky assets were rattled after US President Donald Trump announced reciprocal tariffs on several countries on April 2.

Grayscale has taken the next step in its efforts to launch a spot Solana exchange-traded fund (ETF). On April 4, the digital asset manager filed a Form S-1 with the US Securities and Exchange Commission (SEC), aiming to convert its existing Grayscale Solana Trust (GSOL) into a publicly traded ETF.

TL;DR PayPal will add support for Solana (SOL) and Chainlink (LINK), allowing U.S. users to buy, sell, and transfer them. The company aims to offer more crypto options in a trusted environment, without relying on external platforms.

TL;DR Grayscale submitted an S-1 form to the SEC to convert its Solana Trust into an ETF that would trade on NYSE Arca without including staking rewards. The fund would hold SOL tokens, track the CoinDesk SLX index, and designate Coinbase as custodian, with BNY Mellon as administrator and transfer agent.

Grayscale Investments has officially taken another step toward expanding its cryptocurrency exchange-traded fund (ETF) offerings. The post Grayscale Files New S-1 Form for Solana ETF With SEC appeared first on Cryptonews.

Global payments platform PayPal has expanded its cryptocurrency offerings to include Chainlink (LINK) and Solana (SOL), giving US-based users the ability to buy, sell and transfer the popular tokens. Support for LINK and SOL will be rolled out over the next few weeks and will also be extended to users of Venmo, a US mobile payment platform owned by PayPal, the company disclosed on April 4.

Grayscale has submitted a registration statement with the SEC to convert its Grayscale Solana Trust (GSOL) into an ETF listed on NYSE Arca.

Digital asset manager Grayscale registered with the United States Securities and Exchange Commission (SEC) to list the Grayscale Solana (SOL) Trust exchange-traded fund (ETF) on the New York Stock Exchange (NYSE).The ETF will trade under the ticker symbol "GSOL" and will hold spot SOL as the underlying asset, according to the April 4 S-1 filing. Grayscale announced plans to convert its existing Grayscale Solana Trust into an ETF in its 19b-4 application filed with the SEC in December 2024.

The XRP price continues to sit on a crucial support level, and is at risk of a big crash as market risks rise. Ripple is trading at $2, an important point where bulls must hold to prevent a dramatic collapse to $1.

Ripple, the blockchain-based payments firm behind XRP (CRYPTO: XRP), is raising fresh concerns over the UK's sluggish approach to crypto regulation, arguing that it's leaving British banks unwilling to engage with digital assets. What Happened: At a policy summit held in London, Cassie Craddock, Ripple's Managing Director for the UK and Europe, said that the country's banking institutions remain hesitant to adopt Ripple's services due to lingering uncertainty around crypto laws.

Latest crypto news: the crypto market faces renewed turbulence as Bitcoin dips below $85,000, Ethereum drops under $1,800, and XRP experiences a short-lived spike.

A surprising new filing has appeared on the docket of the XRP lawsuit between the US Securities and Exchange Commission (SEC) and Ripple Labs, promising what its author calls “decisive evidence” in favor of the defendants and broader “liberty for the American people.” FOX Business journalist Eleanor Terrett broke the news via X.

XRP has faced a significant correction in recent weeks, resulting in an 18% decline in the altcoin's price. As a result, XRP is currently struggling to maintain upward momentum, with investors losing confidence.

The crypto industry has been abuzz that the United States Securities and Exchange Commission (SEC) and Ripple Labs might finally bury the hatchet.

What's behind Fidelity's crypto push—timing, tech, or something more strategic?

Grayscale, the leading cryptocurrency asset manager, has officially submitted an S-1 form to the U.S. Securities and Exchange Commission (SEC) to convert its Solana Trust into an exchange-traded fund (ETF). However, one key aspect is missing as this ETF will not include any Solana staking.

On-chain analytics form Glassnode has highlighted an important diversion between Bitcoin (CRYPTO: BTC) and XRP (CRYPTO: XRP). What Happened: In their latest report, the firm points out the catalyst-driven growth for Bitcoin, compared to XRP's retail-driven speculation.

PayPal Holdings, Inc. has announced the extension of its digital asset offering, introducing Chainlink (LINK) and Solana (SOL) as new crypto that can be purchased, held, sold, and transferred on the PayPal and Venmo platforms. This innovation marks another step forward in the company's commitment to providing accessible and secure digital solutions for everyone, directly responding to the requests of its users.

Solana price has stalled at a crucial make-or-break support level that could determine its next direction. After peaking near $300 in January, SOL price now sits around the key level at $120.

XRP faced intense selling pressure this week, plunging below the critical $2 mark amid broader market panic triggered by President Donald Trump's sweeping global tariff announcement.

Grayscale Investments said on Friday it has filed an application with U.S. regulators for an exchange-traded fund aimed at a Solana blockchain, as the cryptocurrency asset manager looks to tap into the increasing momentum around bitcoin alternatives.

Cryptocurrency trader Ali Martinez believes Dogecoin (DOGE) is at a critical level that could determine its price direction over the near term. Martinez tells his 134,800 followers on the social media platform X that Dogecoin is at a “make-or-break level” of around $0.16.

Coinbase is preparing to launch XRP futures, accelerating institutional access and signaling surging confidence as U.S. markets embrace regulated, liquid crypto derivatives.

The price of Solana fell to a 13-month low on Thursday.