Despite being in what many traders call a “distribution phase,” XRP distribution continues to draw bullish forecasts from analysts who believe the altcoin will eventually reach the $30 price objective. According to market observers, while XRP’s current price action indicates consolidation and profit-taking among significant holders, the larger structure remains supportive of a long-term advance. … Read more
Solana exchange-traded funds (ETFs) extended their winning run this week, attracting new cash for the fourth day in succession.According to CoinTelegraph, Solana ETFs received $44.48 million on Friday, bringing total inflows to roughly $199.2 million for the week and total assets over $502 million. The Bitwise Solana ETF (BSOL) led the rally, rising about 4.99% … Read more
As reported by Cointelegraph, OceanPal, a worldwide marine transportation business, has funded $120 million to establish a new NEAR token treasury management organization. This is a significant transition from conventional shipping operations to blockchain-based financial services, indicating increased business interest in decentralized finance (DeFi). OceanPal Shifts From Shipping To Blockchain With $120M Raise OceanPal announced … Read more
XRP is driving market gains this week, overcoming the slow pace of October trade as Bitcoin consolidates around the $111,000 level. The move comes as the larger crypto market has a mixed mood going into the last week of “Uptober.” XRP Outshines The Market According to the most recent crypto market news, the XRP price … Read more