Altcoin
Here’s What’s Blocking Shiba Inu from Reaching a New All-Time High

Shiba Inu is a dog-themed meme coin that was firstly launched back in 2020 and became momentarily popular and is continuously being one of the 15 biggest cryptocurrencies in the world years later.
The token has been highly volatile, susceptible to trends in social media and on several occasions, endorsements by highly renowned personalities, such as Elon Musk.
Can Shiba Inu Survive the Crypto Winter?
Although traditional investment experts advise against the adoption of meme coins, their popularity among crypto investors is admittedly quite strong. It’s good to know expert opinions weighed against pros and cons for a better look at both the bull case and bear case for this leading player within the meme coin space.
In the words of Grzegorz Drozdz, a market analyst at Conotoxia, the story of Shiba Inu is only a classic example of the unpredictability and volatility of meme coins within the digital asset market.
The meme coin has been developed in August 2020 by an anonymous developer going under the name ‘Ryoshi’. It is part of the family of top dog themed cryptocurrency tokens, which also includes Dogecoin, DOGE, and DogWifHat, WIF. As part of the most intriguing sub-section of the crypto market to have garnered considerable investor attention, SHIB came out of a meme.
Drozdz stated:
“The cryptocurrency quickly gained popularity mainly due to the support of celebrities such as Tesla founder Elon Musk. Its success has led to the creation of many copies, but Shiba Inu remains the most recognisable of these cryptocurrencies.”
This bevy of ups and downs is shown by the price history of SHIB. After endorsement by Elon Musk, its price went full 4,000% in three months to a high of $0.000035. But it was very short-lived as the meme coin fell afterward, erasing 90% of its value.
Of course, after the initial hype, another larger rally occurred six months later when Musk announced that Tesla electric cars could be purchased with Dogecoin. It sent the price of meme coin up to $0.000075, up 1,200%. Shytoshi Kusama, the lead developer of the Shiba Inu (SHIB) has recently even sent an open invitation for a sit-out with Musk.
However, the 2022 bear market sent the coin crashing back to shed about 90% of its peak value.
Is Meme Coin Craze Over?
Crypto assets had a quietly positive year with many doing exceptionally well in 2023 and starting this year on a strong note. There has been much hope for the crypto market, with signals that regulators may take more steps toward recognition.
In December, US regulators approved 11 spot Bitcoin ETFs-a milestone considered a great step in making crypto an officially accepted investment class.
Predicting the future of most cryptocurrencies, including SHIB, is tough. However, its future trajectory might be dictated by several factors.
It’s just that, despite the volatility, a broader bull market for cryptocurrencies would often lift all assets, including this meme coin. As a matter of fact, the more investors and institutions understand the potential of digital currencies, the better this is for the entire crypto market, let alone for SHIB.
The approval of the spot Bitcoin ETFs drove the price of Shiba Inu over 350% in two weeks at the beginning of the year. Despite the general good performance of the market, the coin has dropped back to just above its price in January.
Another important reason is that meme coins are so incredibly popular that their interests surge in a very sudden manner, based on social media trends and sometimes celebrity endorsements. However, how long this popularity will be maintained or sustained is very hard to predict. Analysts note how unpredictable it is to know how long this interest will last.
Other Side of the Story: Analysts Say New ATH Coming
On the other hand, a well-known personality within the SHIB community, $SHIB KNIGHT, has some highly positive hopes on the ability of SHIB to achieve a new ATH. In a post, $SHIB KNIGHT has noted that the dog-themed token is set for a major price blastoff, which could see it surge past $0.00008616 for a new ATH.


If $SHIB KNIGHT’s projection is anything to go by, Shiba Inu might blow past the previous ATH of $0.00008845 recorded on October 28, 2021. The strategist hasn’t provided a possible target for SHIB but has maintained that the token is setting up for a new high. Their positive projections for SHIB have been similarly made by other prominent crypto strategists such as Eunice Wong and Javis Marks.
These analysts stay bullish about this meme coin, based on positive news in the SHIB ecosystem. The recent spike in Shibarium TVL is one of the major updates. Shibarium is Shiba Inu’s Layer-2 blockchain. It merely took a week for Shibarium’s TVL to reach $3.64 million after the liquidity staking solution of K9 Finance, the Bonecrusher, was launched.
Following the launch of Bonecrusher on Shibarium, the daily transaction volume of the network surged by a whopping 82% to 7,060 transactions. Increased Shibarium transaction volumes may significantly reduce the circulating supply of the SHIB cryptocurrency.
There are even rumors that the Shiba Inu team will disclose “something big” during the fourth quarter of this year, adding more drive to SHIB’s adoption. These promising development may lead this meme coin to where it should be: its rise to a new all-time high.
Shiba Inu: Navigating the Volatile World of Meme Coins
Of late, the crypto markets have seen a meme coin mania, where a lot of meme coins are shooting up in price and new ones keep cropping out of nowhere. Great as that excitement might sound, investors should not forget that highly speculative and usually lacking inherent utility are properties that characterize meme coins.
Events that are less predictable, such as tweets by Elon Musk, have been known to create volatility in cryptocurrency markets in the past. As such, analysts do warn that investment in this coin comes with considerable risk, and predictions of its price are way more difficult to make than for other more established cryptocurrencies like Bitcoin.
While Bitcoin has more historical data and further extended analysis on the market to base predictions upon, Shiba Inu is relatively new, under highly volatile conditions, which makes it difficult to give any performance forecast.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
PumpFun Moves $13M SOL To Kraken as Solana Price Consolidates, What Next?

PumpFun has transferred 95,934 SOL, worth approximately $13.34 million, to Kraken, further adding to the total 1,818,889 SOL moved to the exchange in 2025, equating to around $324.06 million.
This move marks a continued trend of significant activity surrounding Solana (SOL), reflecting growing investor interest. As SOL consolidates its price following recent bullish trends, this development raises questions about the potential direction of the cryptocurrency.
PumpFun Whale Activity and SOL’s Recent Performance
According to blockchain data provider Lookonchain, PumpFun’s recent deposit adds to a growing list of whale activities. So far, in 2025, the total SOL moved to Kraken by PumpFun alone exceeds 1.8 million, highlighting a considerable volume of transactions. Solana’s price has shown notable strength, especially in light of recent whale movements, which tend to indicate investor confidence.
Solana’s price has recently cleared significant resistance levels, with many analysts suggesting the cryptocurrency is in a strong upward trend. A crypto analyst, Ted, has pointed out that the SOL price is showing bullish signs similar to the Q4 of 2022.
Ted suggests that SOL could see price levels between $160 to $180 by May 2025, with the potential for an all-time high later in the year. As whale activity continues, these predictions may influence market sentiment further.
Institutional Interest in Solana Surges
Institutional players’ participation is another factor that gives optimism to the SOL’s bullish run. Another player in the game is Galaxy Digital, though it has recently started making major withdrawals, pulling out about $77m worth of SOL from exchanges starting mid-April.
This also involved a substantial $19.5 million sell-off from Binance, showing faith in Solana’s potential. Other market players, such as Janover, also bought over $10m worth of Solana, validating the optimistic forecast for SOL price.
Such actions from institutional investors are usually viewed in the market as strong signs of confidence. Based on Galaxy Digital’s withdrawal, it could be estimated that large investors are preparing for higher SOL gains, which underlines the upbeat sentiment in Solana price. This increase in institutional support could enhance the overall market sentiment and help SOL rise in the short run.
Growing Number of Large Solana Holders
In addition to institutional interest like PumpFun’s, large retail investors are also becoming more active in Solana. Analyst Ali Martinez reported that the number of wallets holding 10,000 or more SOL increased by 1.53% in the past week.
This uptick, which grew from 4,943 wallets to 5,019, suggests that bigger holders are accumulating more Solana quietly. Such accumulation often occurs before broader market recognition, which can lead to price rallies.
This pattern of increasing wallet activity from significant holders further points to confidence in Solana’s potential. If these large investors continue to increase their positions, the demand for SOL could continue to rise, creating upward pressure on its price. The accumulation could be a sign that some are positioning themselves ahead of a potential breakout in price.
SOL Technical Analysis and Price Forecasts
The recent movement in Solana price has caught traders’ attention, with some analysts forecasting a continued rise. Another crypto analyst, Learnernoearner, suggested that an inverse head and shoulders pattern may be forming, indicating a potential long-entry opportunity.
If Solana price experiences a brief pullback, this could provide an attractive entry point for traders.
Key technical levels for SOL price include support at $125, immediate resistance at $135, and a breakout zone at $178. If SOL price breaches the $178 mark, further targets could include $199, $216, and $238, and some even suggest a rally to $2000.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
Ark Invest Gains First Exposure to Solana With 3iQ ETF Bet

Ark Invest, the asset management firm owned by Cathie Wood, has gained its first exposure to Solana as the broader financial market expands its adoption of cryptocurrencies. The firm has added exposure to two tech investment vehicles via the 3iQ Solana Staking ETF (SOLQ). Market analysts believe this move validates SOL, a front-runner for spot altcoin ETF in the US.
The Ark Invest Solana Exposure
According to the Citywire report, the ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF) have SOLQ in their respective portfolios. These Cathie Wood’s funds bought 237,500 shares of SOLQ apiece, validating the Solana fundamentals.
Canadian regulators approved the 3iQ SOL ETF for trading earlier this month, alongside other crypto funds from Purpose, Evolve, and CI. These ETF products went live on schedule on April 16, placing them in line for mainstream exposure.
As Ark Invest revealed in its press release, the Solana architecture and its design for speed and efficiency make it ideal for the next generation of the internet. With the bet, the Cathie Wood firm has made history as the first U.S.-based ETF to gain exposure to Solana.
Beyond Ark Invest and Solana: Portfolio Diversification Goes Mainstream
Asset management firms are shifting toward crypto products, a move beyond ARK and SOL. As CoinGape reported earlier, Charles Schwab has revealed plans to launch crypto trading later this year. The firm, with $10 trillion in assets under management, may add more credence to the nascent asset class if it pulls through with its plans.
Under President Donald Trump, the improving crypto regulation landscape has given asset managers like Ark Invest the long-sought leverage to bet on the market. The precedent was set earlier with spot Bitcoin and Ethereum ETF approval in 2024.
With key agencies like the Securities and Exchange Commission (SEC), Commodity Futures and Trading Commission (CFTC), and Federal Deposit Insurance Commission (FDIC) now aligned to crypto, more firms may soon join the diversification move.
Crypto ETFs and Role In TradFi Embrace
Despite the generally positive regulatory environment, many traditional financial firms are still skeptical of direct exposure to crypto. While many, like Ark Invest, do not mind the volatility, custody remains a major challenge.
More relatable products like Spot XRP ETF have been lodged with the SEC to mitigate this. With asset managers going all out in their bid, Solana, Hedera, Litecoin, and Dogecoin, among other assets, are also awaiting potential approvals from the SEC.
While the market regulator was skeptical of these kinds of products in the past, it now takes a different stance. Market experts expect approval before the end of this year.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
Analyst Reveals How High XRP Price Can Go If This Happens

XRP price seems to be headed for a dramatic turning point, with various analysts citing bullish chart patterns that indicate a probable price spike over the next few months. The fourth-largest crypto is showing a strong technical setup on the 6-month candle chart, with formerly limiting resistance points now eliminated.
XRP Price Displays Eliminated Resistance And Bullish RSI
Technical analyst Dark Defender has posted a tweet that shows a 6-month candle chart indicating these “Eliminated Resistance” levels and a “Bullish RSI” (Relative Strength Index) indicator. The chart indicates that XRP has broken above significant historical resistance levels that previously capped price action.
Several price targets have emerged from analysts tracking the cryptocurrency. The analysts’ projections range from approximately $3.75 to over $18 in the coming months. Despite these bullish technical signals, sentiment indicators remain cautious, and the Fear & Greed Index shows a reading of 39. This places it in the “Fear” category.
6-Monthly time frame update on #XRP
Be honest: Is it Bullish or Bearish in the next 6 months?
The last candle will be closed by the end of June.
Short-Mid Term Targets: $3.75, $5.85, $18.22 (NFA)
I wish you an excellent weekend and a Happy Easter 🐣with your loved ones!… pic.twitter.com/pmuBkrn8Pe
— Dark Defender (@DefendDark) April 19, 2025
The 6-month candle chart for XRP/USD shared by analyst Dark Defender highlights two key technical factors that could support a potential price surge. First, the chart identifies multiple “Eliminated Resistance” levels that XRP has now cleared. This removes previous price ceilings that constrained upward movement in past cycles.
These eliminated resistance zones appear at different points on the historical chart, with the most recent breakthrough occurring in the latest completed candle. According to Dark Defender, this technical development raises an important question for traders: “Is it Bullish or Bearish in the next 6 months?” The analyst indicates that the present candle will close at the end of June 2025, giving the traders a time frame for possible price action.
The second important technical signal highlighted is a “Bullish RSI” reading. The Relative Strength Index, at the lower part of the chart, is shown to be on the rise, moving into bullish levels above the 70 level. This momentum indicator shows increasing buying pressure behind XRP’s recent price action.
XRP Could Soon Hit $5
CryptoBull analyst provides additional technical analysis, labeling the pattern as a massive bullish falling wedge with an even larger bullish triangle encompassing the wicks. The analyst predicts a breakout from the patterns and a target price that could see XRP go as high as $5 before finally landing at a base of $3.85.
#XRP Update: huge bullish falling wedge with an even bigger bullish triangle covering the wicks. We will break out soon and price will wick up to $5 and close around $3.85. pic.twitter.com/rqbIASYRpl
— CryptoBull (@CryptoBull2020) April 21, 2025
There have been suggestions by analysts about specific price targets for XRP in their outlook. Dark Defender shared short-term to medium-term target prices of $3.75, $5.85, and a wildly high target at $18.22.
CryptoBull offered a more detailed price action prediction and indicated that XRP is going to breakout in the near future with price action that can include a wick up to $5 and close around $3.85.
Amidst these modest predictions, certain analysts even predicted the XRP price to reach $280. Another analyst, Captain Faibik, instructed followers to continue purchasing XRP. He further added that the next increase will be “explosive” to the $5 level in the mid-term. Multiple analysts in agreement at the $5 level indicate it might be a key target for traders and investors.
Keep accumulating $XRP, Next Bullish leg will be explosive..📈
Midterm Target : 5$ 🎯
#XRP #XRPArmy #XRPUSDT pic.twitter.com/95TKndWlws
— Captain Faibik 🐺 (@CryptoFaibik) April 21, 2025
Though analysts are optimistic, the prevailing mood in the market is cautious. CoinCodex indicates their latest forecast predicts that XRP could drop by 8.35% to $1.95 on May 21, 2025. CoinCodex also predicts that XRP had 13 days of gain in the previous 30 days (43%), and price activity has averaged 7.48% in the last 30 days.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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