Altcoin
Why This layer 2 Casino Meme Coin has Outperformed Ethereum, Analyst Predict Tier-1 Listing soon
In the rapidly evolving world of cryptocurrency, it’s not uncommon to see newer, more innovative projects quickly overshadow established giants. One such project, a Layer 2 casino meme coin named Mpeppe (MPEPE), has recently made headlines for outperforming Ethereum (ETH), the second-largest cryptocurrency by market capitalization. Analysts are now predicting that Mpeppe (MPEPE) could soon secure a Tier-1 exchange listing, a significant milestone that could further boost its value and visibility in the market.
Ethereum (ETH): Challenges of Market Leaders
Ethereum (ETH) has long been a cornerstone of the cryptocurrency space, renowned for its pioneering role in smart contracts and decentralized applications (dApps). However, 2024 has been a year of mixed results for Ethereum, particularly with the much-anticipated Ethereum ETFs failing to live up to expectations. Many investors had hoped that these exchange-traded funds would trigger a significant price rally, but instead, they have struggled to gain traction unlike its rival Mpeppe (MPEPE).
In the first month after their launch, Ethereum ETFs saw outflows totaling $476 million, with much of this capital leaving the Grayscale Ethereum Trust. This disappointment has cast a shadow over Ethereum’s recent performance, with the cryptocurrency’s price hovering in a stagnant range, unable to find a clear direction.
Despite these challenges, Ethereum remains a dominant force in the blockchain space. Its robust infrastructure, active developer community, and the upcoming end of outflows from the Grayscale Ethereum Trust could pave the way for a price recovery. However, while Ethereum might see moderate gains in the future, its market cap makes it unlikely to achieve the explosive growth that smaller, more agile projects can offer.
Mpeppe (MPEPE): Biggest Utility Crypto Casino Coin
Enter Mpeppe (MPEPE), a Layer 2 casino meme coin that has captured the attention of investors and analysts alike. In a market where novelty and community-driven projects often outperform more established players, Mpeppe has managed to raise almost $2 million during its presale phase, signaling strong investor confidence.
Mpeppe’s (MPEPE) success can be attributed to several factors. First, its Layer 2 solution offers significantly faster and cheaper transactions compared to Ethereum. This efficiency is crucial for a casino ecosystem, where quick and low-cost transactions are vital for maintaining user engagement and satisfaction. By leveraging Layer 2 technology, Mpeppe ensures that its users can enjoy a seamless and cost-effective gaming experience, setting it apart from many other meme coins.
Furthermore, Mpeppe’s strong community and innovative approach to the casino gaming space have helped it build momentum. Unlike Ethereum, which has struggled with scaling issues and high transaction fees, Mpeppe offers a more accessible platform for users looking to participate in online gaming. This accessibility, combined with the project’s vibrant community, has fueled its rapid growth and attracted significant attention from investors.
Ethereum (ETH) vs. Mpeppe (MPEPE): The Battle for Growth
While Ethereum continues to be a bedrock of the cryptocurrency market, its potential for massive gains is limited by its large market cap. In contrast, Mpeppe (MPEPE), with its lower market cap and high growth potential, offers investors the chance to achieve significant returns. Analysts believe that Mpeppe could outperform Ethereum in the coming months, particularly if it secures a Tier-1 exchange listing.
Such a listing would provide Mpeppe with increased visibility and liquidity, making it more accessible to a broader range of investors. This could lead to a surge in demand, driving up the coin’s price and solidifying its position as a top contender in the meme coin space. While Ethereum might continue to offer steady returns, Mpeppe represents a more dynamic and potentially lucrative investment opportunity.
For more information on the Mpeppe (MPEPE) Presale:
Visit Mpeppe (MPEPE)
Join and become a community member:
https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ
Crypto analyst Egrag Crypto has predicted that the XRP price could rally to as high as $45 if it mirrors a bullish price movement from the 2017 bull run. The analyst also raised the possibility of the altcoin at least touching $19 if it replicates the 2021 price action.
XRP Price Could Rally To $45 If It Mirrors 2017 Bull Run
In an X post, Egrag Crypto predicted that the XRP price could rally to $45 if it mimics the 2017 cycle. He noted that in 2017, the price found heavy support at the 21 Exponential Moving Average (EMA) and experienced a last blow-off top.
This blow-off top led to a price surge of 2,700%, which the analyst believes could lead to XRP’s rally to $45 if the 2017 bull run repeats itself. Meanwhile, Egrag Crypto predicts the altcoin could at least touch $19 if a similar price movement like the 2021 bull run occurs.
He noted that in 2021, the price breached the 21 and 33 EMA and then pumped in a final leg that marked the cycle’s blow-off top. During this period, XRP surged by 1,050%, which the crypto analyst believes could lead to a rally to $19 if history repeats itself. The analyst added that his target has always been $27 and advised market participants to DCA if necessary.
In the short term, the XRP price looks to be eyeing a rally to $5. A CoinGape market analysis revealed that the Hidden Road acquisition may lead to $10 billion in volume to the XRP Ledger, which could push the altcoin to this target.
Meanwhile, XRP’s on-chain metrics also paint a bullish outlook for the altcoin, with the number of wallet addresses hitting a new all-time high (ATH) recently. This indicates that Ripple’s native crypto is enjoying wider adoption.
Ripple’s Native Crypto Has The Potential To Hit $1,000
Crypto analyst BarriC asserted that the XRP price could hit $1,000, although he admitted that it would “absolutely” take time. He claimed it will take a utility run and mass adoption to drive XRP to this price target.
The analyst added that it would also take a big shift in the financial space for the altcoin to reach this $1,000 level. Essentially, BarriC believes something massive has to happen for XRP to reach this target. However, once they do, he assured that there is no going back.
A CoinGape market analysis also once suggested that the XRP price could reach $1,000 if Michael Saylor swapped his $21 billion BTC for Ripple’s native crypto.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
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.
The price of Solana (SOL) is again in the spotlight as the current bullish consolidation has flipped the coin to a new weekly high. The Solana community also anticipates the Exchange Traded Fund (ETF) tied to the asset, prompting the debate on the potential timeline for the offering’s approval. With the price of Bitcoin and altcoin showcasing a rebound, Solana’s performance has stood out from other altcoins.
Is The Solana Price Breakout to $200 Possible?
According to new insight on X from market analyst World of Charts, the price of Solana is currently testing a potential breakout trend. He said the coin is testing crucial resistances that can easily push it to the $200 level if it successfully breaks out.
The World of Charts thesis tips the SOL price to soar by over 86%, with the potential to add $105 in a bull case scenario. However, this does not negate a possible SOL price retest of $75 if crucial support levels fail to hold.
At the time of writing, the price of Solana was changing hands for $120, up by 8.06% in 24 hours.
Despite the Relative Strength Index (RSI) soaring from the low of 34 recorded on April 8 to the current 46.89, SOL is not completely out of the woods. The MA Cross indicator shows that the Death Cross inked on April 2 has yet to be invalidated.
Solana ETF: Potential Approval Timeline
With Solana showcasing a potential rebound trend, many community members are quizzing to determine what will happen to its growing ETF products. Responding to SOL ETF approval queries, Senior Bloomberg ETF Analyst James Seyffart broke the silence on what to expect.
He reiterated that the first ‘final’ deadline for SOL ETFs is October 10. He noted that there is a non-zero chance the new Atkins-led US SEC and Hester Peirce-led Crypto Task Force will move earlier than that.
Despite this definitive timeline, he reiterated that there is a strong expectation of approval by that deadline. In the meantime, the Crypto Task Force is pushing for clear regulations, which is positive for a potential approval.
A Solana ETF could usher in institutional money into the ecosystem, which is bullish for the SOL price, leading to a massive breakout.
More SOL Fundamentals to Watch
According to a recent ecosystem shift, the Proof-of-Stake (PoS) protocol is undergoing a subtle rebranding in the market. Besides introducing Confidential Balances to drive privacy, Solana Developers have also unveiled Open Source Relayers. In partnership with OpenZeppelin, these Relayers are in alpha mode and can power some functionalities within the ecosystem.
A defined attempt to revive the memecoin outlook in the SOL ecosystem through PumpFun also exists. With the return of the livestream, PumpFi, and PumpSwap, the protocol is gearing up for a new wave of meme explosion and price rebound.
Godfrey Benjamin
Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.
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.
The crypto market in 2025 is facing intense turbulence. The capitalization of once-hot trends like meme coins has plummeted. Capital has flowed out of decentralized finance (DeFi) protocols, driving DeFi’s total value locked (TVL) down from $120 billion to around $87 billion.
In this context, Sonic stands out. It has consistently hit new TVL highs, reaching $1 billion in April after growing nearly 40 times since the beginning of the year. So, what makes Sonic a bright spot amid a stormy market?
Investors Are Pouring Capital into Sonic
Sonic has made its mark with a rapid TVL growth rate, far outpacing better-known blockchains. According to DefiLlama, Sonic reached $1 billion in TVL within 66 days. In comparison, Sui took 505 days, and Aptos needed 709.
This achievement reflects strong capital inflows into the Sonic ecosystem despite the broader DeFi trend of capital withdrawal. Data from Artemis supports this, ranking Sonic as the second-highest netflow protocol this year—trailing only Base, a blockchain backed by Coinbase.
The growth goes beyond TVL numbers. Sonic’s ecosystem is attracting various projects, including derivatives exchanges like Aark Digital and Shadow Exchange and protocols such as Snake Finance, Equalizer0x, and Beets. These projects still have small TVLs, but they have the potential to draw new users and capital, fueling Sonic’s momentum.
However, the question remains: Can this capital inflow remain sustainable while the market fluctuates?
Andre Cronje on Sonic’s Potential and Strengths
Andre Cronje, the developer behind Sonic, shared his ambition in an interview to push this blockchain beyond its competitors.
“Sonic has sub-200 millisecond finality, faster than human responsiveness,” Andre Cronje said.
According to Cronje, Sonic isn’t just about speed. The platform also focuses on improving both user and developer experience. He explained that 90% of transaction fees go to dApp, not to validators, creating incentives for developers to build.
Unlike other blockchains, such as Ethereum, which are limited by long block times, Sonic leverages an enhanced virtual machine that theoretically processes up to 400,000 transactions per second. Cronje acknowledges, however, that current demand has yet to push the network to its full capacity. Still, these technical advantages make Sonic a compelling option for developers seeking more user-friendly dApps.
He also revealed new features on Sonic that have the potential to attract users.
“If your first touch point with a user is to download this wallet and then buy this token on an exchange, you’ve lost 99.9% of your users. They’ll use their Google off-email password, fingerprint, face, whatever it is, to access the dApp and interact with it, and they’ll never need to know about Sonic or token,” Andre Cronje revealed.
Risks and Challenges Ahead
Despite reaching impressive milestones, Sonic is not immune to risk. The price of its token, S, has declined significantly from its peak. According to BeInCrypto, it has dropped around 20% in the past month—from $0.60 down to $0.47—mirroring the broader market’s volatility.
Furthermore, Grayscale recently removed Sonic from its April asset consideration list. This decision reflects a shift in the fund’s expectations and raises concerns about Sonic’s ability to maintain its TVL should investor sentiment deteriorate.
Sonic also faces fierce competition from other high-performance chains like Solana and Base. Although Sonic holds a clear advantage in speed, long-term user adoption will depend on whether its ecosystem can deliver real value, not just high TVL figures.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
US SEC and Binance Agree To Pause Legal Proceedings for 60 More Days
Binance and the SEC File for Pause in Lawsuit
Crypto Whales Are Buying These Altcoins Post Tariffs Pause
XRP Price Flashes Symmetrical Triangle From 2017, A Repeat Could Send It as Flying To $30
Analyst Reveals XRP Price Can Hit $45 If It Follows This 2017 Pattern
This is Why The Federal Reserve Might Not Cutting Interest Rates
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
-
Altcoin20 hours agoXRP Price Risks 40% Drop to $1.20 If It Doesn’t Regain This Level
-
Market19 hours agoPresident Trump Signs First-Ever Crypto Bill into Law
-
Market18 hours agoXRP Price Ready to Run? Bulls Eyes Fresh Gains Amid Bullish Setup
-
Market20 hours agoEthereum Price Cools Off—Can Bulls Stay in Control or Is Momentum Fading?
-
Altcoin18 hours agoBNB Chain Completes Lorentz Testnet Hardforks; Here’s The Timeline For Mainnet
-
Bitcoin17 hours agoOver $2.5 Billion in Bitcoin and Ethereum Options Expire Today
-
Market12 hours agoChina Raises Tariffs on US to 125%, Crypto Markets Steady
-
Market17 hours agoBTC ETF Outflows Continue Amid Institutional Caution,
✓ Share: