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Showing posts with the label on-chain metrics

Ripple: AI Predicts XRP Price For March 31, 2025

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Ripple’s native token XRP was up nearly 3% on Monday’s trade, hovering around the $2.45 mark. The token is free from the shackles of the lawsuit pressed by the US Securities and Exchange Commission this month. The SEC withdrew the lawsuit against Ripple last week, making the cryptocurrency sector enter a new era without governmental interference. Also Read: Shiba Inu: SHIB’s Price 1 Year From Now Source: Coingecko However, Ripple’s native cryptocurrency did not experience a major price outburst after the SEC dropped the lawsuit. XRP went from a low of $2.25 to a high of $2.55 after the news about the lawsuit ending broke out. That’s an upsurge of nearly 13% in a day but it failed to maintain the positive momentum. Also Read: How Much Bitcoin (BTC) Does North Korea Hold? AI Price Prediction: Ripple (XRP) Price For March 31 Source: Bitcoin Block Leading on-chain metrics and price prediction firm CoinCodex has painted a neutral picture for Ripple’s XRP. Accord...

Pi Coin Recovers From Crash, Doubles in Price Rising 165%

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Pi Network Coin plunged 65% minutes after its launch on Thursday causing millions in losses to investors. However, the token rebounded in the charts and surged more than 100% during the weekend doubling investor’s money in a short period. It had fallen to a low of $0.65 and is now hovering at the $1.61 mark in the indices. It surged close to $1 during the weekend in a remarkable turn of events. Also Read: A Hidden Fed Decision? Why XRP, XLM, and HBAR Could Be at the Center of It Source: Coingecko Traders who held on to their positions without fearing the crash and jumping ship are now sitting in massive profits. Their portfolios have more than doubled in less than a week and Pi Coin is now among the top-performing assets in the broader cryptocurrency market. If you had invested $1,000 on its launch day on February 20, it would have turned into $2,650 on Monday. Also Read: Gold Prices Hover Near Record Peak Source: Coingecko How High Can Pi Coin Reach? Source: X / Pi Core Team Lead...

Crypto Analyst Jamie Coutts Eyes Solana Price Target Amid ‘Coiling Price Action’ for SOL

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Real Vision analyst Jamie Coutts says that Solana (SOL) is likely preparing for its next leg up to higher prices. In a post on the social media platform X, Coutts says SOL has been “coiling” within a large triangle pattern over the last six months, and that a break through resistance will trigger a volatile move to the upside. While the price of SOL has been consolidating – both against USD and Bitcoin (BTC) – Coutts says that most on-chain metrics have also been improving. “The coiling price action over the past six months has seen notable increases in active addresses, TVL (total value locked), and stablecoin market cap. However, chain utilization metrics have generally declined, as the surge in active addresses hasn’t translated into a corresponding rise in economic value (fee revenue)—possibly due to the notorious gaming of unique on-chain dynamics. Despite this, the chain remains a hotbed for dApp (decentralized application) development and...